Tao Liangchen
Chapter 830 Adding a Zero Would Be Barely Acceptable
Coincidentally, the Yanwenzi Group had developed a test version of an online video program, internally codenamed "Super Bell," as a tribute to Alexander Bell, the father of the telephone.
This development team had been preparing since the end of the year before last, incorporating many related development teams. The resulting product was relatively mature, just waiting for the right time to launch it.
Currently, iCQ had just launched the internal beta test of its voice message feature, and hadn't even opened the online voice function.
It wasn't that they couldn't do it.
It was mainly because a group of telecommunications giants had long been displeased with the Yanwenzi Group, feeling that the development of the internet was causing a large number of customers to lose SMS and telephone business. It was better not to provoke them in the short term.
With truly meaningful smartphones yet to appear, going head-to-head with a group of telecommunications giants for the sake of small profits was clearly not a wise decision. The Yanwenzi Group still needed time to develop, and its foundation was not strong enough.
Su Yehao spent some time having Eric Boyle install it, and then asked the Google CEO to gather the other directors for a conference call.
It was quite smooth when tested in the United States, but although there was broadband in Pengcheng, there was still the Pacific Ocean in between, so the lag was a bit obvious.
A group of Google directors gathered in front of the computer, including Google's Chief Operating Officer, Danielle Kenning, and Larry Page, who had voluntarily given up his position as CEO but was still working at Google.
Danielle Kenning said in surprise, "You don't need any other equipment, just a camera and a microphone for video? This is amazing, investing in this company will definitely be a hit!"
As expected of a veteran in the venture capital industry, she immediately thought of investing in this "Super Bell" video chat program.
Su Yehao replied, "This is a product that Yanwenzi is currently testing internally. In the future, it will be directly added to iCQ and tvt. I don't plan to make it independent, that would only trouble users. Yanwenzi's products are enough."
Larry Page said with a smile, "I knew it, if it could be more perfect, it would be a perfect fit for the Yanwenzi Group's products. Su, Peter Brutto, one of the founders of PayPal, asked me to say hello to you on his behalf. He has a wonderful plan and a perfect team, and wants to talk to you about starting a business."
Su Yehao remembered that guy.
The other party sold his PayPal shares, took a group of people away with the money, and was said to be very capable.
Silicon Valley wasn't big, but it wasn't small either. It seemed open and inclusive, but it was actually a society based on relationships, with a unique "survival rule."
In Silicon Valley, as long as you liked to have fun, you could find a party almost every day, the goal of which was to make new friends so that they could be useful at the right time.
And Su Yehao, a Silicon Valley tycoon with both money and strength, was undoubtedly at the top of the social chain, the kind of successful person whom countless people tried to curry favor with, and there were many entrepreneurial teams trying to find him.
Before truly succeeding, even if the valuation reached hundreds of millions or billions of dollars, no one dared to truly say they were successful. Most entrepreneurs actually only hoped to sell their products for a good price at the right time and achieve financial freedom.
Therefore, it was not surprising that people like Peter Brutto retreated bravely.
After they had the funds, they immediately transformed into roles such as investors, and there were many people who started businesses for the second time.
At 10:20 p.m. Pengcheng time, Su Yehao wasn't sleepy and replied, "I remember Peter Brutto, what kind of new project does he have?"
Larry Page replied, "A crazy plan. I'll send you an email with the details after the meeting. He hasn't told me the whole plan yet, just an idea. I think it has some chance of success."
"Okay, let's have the meeting first."
Su Yehao said to the camera, "I agree to acquire prie. Its business can make up for Google's shortcomings and add a channel to monetize users. I think a premium of up to 15% is acceptable."
"But I'm worried that acquiring such a company will cause us to lose many advertising clients. Many companies that book hotels and air tickets are our company's major clients."
It was Chief Operating Officer Danielle Kenning who spoke.
She was originally arranged by Su Yehao to work at Google from KOKO Ventures. She was also present on the day when the so-called anti-link company was acquired.
She was originally just a temporary filler, but Danielle Kenning adapted to her new position very well, managed Google in an orderly manner, and successfully obtained a small amount of stock rewards.
Su Yehao smiled and said, "I admit that we will lose some advertising revenue, but as long as we successfully acquire prie, it will help us earn more in the future. Google needs to be different from Yahoo, to show its advantages and differences. For example, Google Encyclopedia, ticket booking and car rental functions can increase user stickiness, as is the video sharing social business you are preparing."
Google CEO Eric Boyle nodded in agreement, "I have a similar view. After acquiring prie, its performance will explode and has the opportunity to increase our valuation by one billion dollars."
"One billion dollars? Then never mind I said anything..."
Danielle Kenning smiled, seemingly very confident in Eric Boyle's opinion, which showed that the two were cooperating well.
Su Yehao smiled slightly, thinking that one billion dollars was impossible. As long as the business was done well, adding another zero would be just so-so.
The atmosphere of Google, where everyone was working together to catch up with Yahoo and other companies, was exactly what mainland internet companies lacked.
Su Yehao invested money and ideas in the mainland internet market, and it could be said that he pushed all the way, and his competitors disappeared into the internet winter without even making a splash.
Although it was great to monopolize the market, Su Yehao was also worried that they would be like Yahoo, and one day be overthrown by latecomers because of a lack of corporate culture, less sense of identity, cohesion, and the like.
Although Su Yehao had money, the combined strength of other investors might surpass him.
In September of 2002, Silicon Valley had already shown signs of bottoming out and rebounding. He believed that the mainland internet market would soon be flourishing, and a number of promising companies would emerge, which would be perfect for sharpening the sword.
If there was a chance, he could also acquire and merge some teams to inject fresh blood into tAt, tot and other companies. Internet companies wanted to survive and grow, and there would inevitably be games, and it was difficult to coexist.
This was mainly because many times, users only needed one product of the same type, leading to countless examples of dragon-slaying youths becoming evil dragons.
Yahoo was just disorganized in its management and lacked some ambition, and Google tore off a large chunk of its market share. It was clearly still a company with a market value of more than 47 billion dollars, but it was constantly being looked down upon by investors.
The intensity of industry competition could be seen from this.
Therefore, Su Yehao was willing to sacrifice some short-term interests to create some difficulties for TaoBao, tAt and other companies, and did not intend to continue to help them with everything.
According to his idea, he would give each of them a start-up fund in the near future, and if they wanted to get more money in the future, they could only raise funds or go public themselves.
The idle funds in his account would be used to focus on developing the semiconductor industry. The wafer foundry industry was built with money, and so was the development of lithography machines. The competition pressure was already enough.
It is worth mentioning.
As early as March of this year, Canon's team had broken up with Su Yehao's team, and the cooperation agreement previously signed was also invalidated.
The root cause was that Canon, together with Nikon, had broken through the 157-nanometer lithography technology, and they did not want to provide the new technology to Su Yehao's research and development team.
Su Yehao paid for the research and development funds, and they were only asked to provide people and technology, and they were still covering it up.
On the other hand, Canon and Nikon had invested huge research and development funds in new technologies, and of course they did not want anyone to break through their technological blockade.
So they simply did one thing and stopped doing another, found some reasons to withdraw all the scientific research teams, and took the initiative to tear up the cooperation agreement, leaving Dr. Lin Baojian and others in a mess in the wind.
The basis of cooperation, of course, quickly fell apart and no longer existed.