Silicon Valley saw a large number of companies fail, but the situation has finally improved.

Under Su Yehao's protection, Google not only survived but thrived.

Some well-performing, unlisted companies, in order to seek financing, were forced to sell their assets to survive the harsh winter, exchanging equity for a lifeline, resulting in heavy losses.

Google, however, with him as its backing, only needed to be a little more thrifty.

Since the collapse of the dot-com bubble in early March 2000, it has been steadily expanding its market share for nearly three years.

Now that funds are re-entering the market, a new wave of acquisitions and mergers is sweeping through Silicon Valley. In the half-month since Su Yehao arrived, he has heard many stories of who was acquired by whom, and who received tens of millions or even hundreds of millions of dollars in financing.

His own koko venture capital continues to invest, increasing its holdings in Apple and Amazon while also financing and acquiring some interesting companies.

For example, the big data company previously recommended by Larry Page was renamed "krypton," named after Superman's home planet.

This has nothing to do with Su Yehao; the partners decided on the name themselves. Koko Venture Capital holds 85% of the company's equity, giving the founders equity and high annual salaries.

In addition.

In recent days, Su Yehao has also enlisted help to establish an electric vehicle research and development company.

Soon, a company will be registered in the Cayman Islands, followed by recruitment, under the banner of developing new energy supercars to test the waters, with the R&D headquarters located in Silicon Valley.

With former R&D executives from General Motors acting as consultants, they advised Su Yehao to try using laptop lithium batteries as a power source. In theory, as long as there are enough batteries, it could provide a range of three to four hundred kilometers, but the disadvantage is that the cost is particularly high, making mass production impossible.

Pagani Supercar Company has existing car manufacturing technology and can also provide some assistance.

If initially, the focus is only on supercars, it is believed that even quietly accumulating some technology will not attract the attention of traditional automobile and oil companies.

As the saying goes, debts are no worry when you have many, and lice are no itch when you have too many.

If you worry too much about gains and losses, you can't do anything.

Su Yehao is trying not to think about what will happen in the future, and plans to work hard in the next ten years, striving to retire before the age of thirty-five, leaving a legend and making a glorious exit.

Rather than blindly hiding and retreating, it is better to work hard to promote a wave of wealth creation and take the opportunity to consolidate the foundation.

…

After listening to Goldman Sachs' introduction to the financing situation, Su Yehao and Google executives continued their meeting.

Chief Operating Officer Danielle Kenning.

As Google continues to grow, she has an increasingly imposing air of authority, but in front of Su Yehao, the major shareholder, her limelight is completely overshadowed, making her seem insignificant.

Danielle Kenning reported at this time:

"Boss, I received news this morning that a law firm in Chicago seems to be looking for a group of our users, trying to initiate a class action lawsuit. They accuse our company of collecting their private data without their permission. I am preparing to arrange for legal counsel to go to Chicago."

Su Yehao had a bit of a headache and said, "Doing business in the United States really means dealing with lawyers all day long. I'm afraid that several hundred billion dollars of the United States' GDP each year is related to the litigation industry. So... is Google at fault here? What is the specific situation?"

Danielle Kenning certainly wouldn't make trouble for herself, only explaining:

"This is mainly because we use a new algorithm to accurately push advertisements to users. Behind this, of course, we will collect some of the users' habits, but in the updated agreement, we have clearly informed our users, and they can cancel it through settings."

"The bigger the company, the more careful it must be. The outside world will always try every means to exploit loopholes. It is said that many law firms rely on blackmailing large companies to survive, forcing us to sign settlement agreements."

Google is still considered good in this regard. Ever since Yanwenzi Group was born, various lawsuits have never stopped.

Many lawyers charge particularly high fees, with hourly rates that can reach six or seven hundred dollars. Some lawsuits can cost up to tens of millions of dollars, which is extremely annoying.

After considering it, Su Yehao added: "Go learn from the experience of other companies, it is best to cooperate with capable law firms, and conduct regular self-inspections to ensure that you are not caught by others. There are also racial issues, gender issues, etc., and you must not be caught."

After saying this, Su Yehao looked around and was immediately shocked.

Because he suddenly realized that, apart from himself, everyone else present was white.

Not only that, but apart from Danielle Kenning and a deputy finance director, the rest were all men. The white female secretary responsible for recording the meeting was directly excluded by him.

If someone seizes on this issue, it will likely cause unnecessary trouble.

Thus.

After a short meeting to discuss recent issues at Google, Su Yehao called Danielle Kenning and CEO Eric Boyle to his office.

The two Google executives exchanged glances, unsure of why.

Su Yehao's office is clean and tidy. He comes here no more than two or three times a year. Standing by the window, you can see a lush park. In this season, there are still many枯黄(kū huáng) [withered and yellow] leaves, and the scenery is very good.

Danielle Kenning was the first to speak, asking, "Is there anything else, boss?"

"Yes, I suddenly discovered some problems. Through the meeting just now, did you realize anything?" Su Yehao asked.

In Hong Kong or mainland China, it might be a small matter, but in the United States, it is a major event that can easily lead to the demise of a company.

Things like metoo and Black Lives Matter, even Su Yehao has heard of them, and he has to take precautions in advance to prevent someone from making an issue of them.

Eric Boyle thought seriously for a while, but in the end, he couldn't keep up with Su Yehao's train of thought and tentatively asked, "Do you think something is wrong?"

"Well, apart from me, all the executives present were white, and the proportion of male employees is also too high. The number of black... African Americans should be appropriately increased, as well as Latinos, Asians, etc. You two can just know what I'm saying now, I think employee diversity is more conducive to corporate development."

After hearing Su Yehao's words, Eric Boyle thought he had received some news and said hesitantly:

"But we are an internet company, the proportion of whites and Asians is already slightly higher, and there are more men among programmers. Other peers are the same."

Danielle Kenning also reminded him: "Google has done a very good job in terms of diversity. Asians account for more than 30%, with Chinese accounting for the majority, and the rest from India, Japan, Southeast Asia, etc."

Su Yehao said:

"But the outside world doesn't pay enough attention to ordinary employees. It just so happens that the company is expanding and will release some new positions. You should also consider adding some different faces between the various branches. I heard that a company photo was taken and was severely criticized because it was all white people. In the end, they even used computer retouching to add a few black... African Americans. There is also the issue between men and women. The company must implement a zero-tolerance measure and arrange some positions to be responsible for supervision."

Danielle Kenning probably understood Su Yehao's meaning and said, "I will pay attention to this. Google has become one of the giants in Silicon Valley and should indeed pay more attention to these aspects. I neglected it before. I will arrange for someone to compile an employee diversity report."

"Well, don't be too exaggerated. Just make the data look better than other peers. The key is to look at ability..."