Jim saw the situation and became a little anxious. There was no choice. His position was precarious, and he desperately needed results.
Whether he could enter Google's decision-making level depended on whether he could open up the Asian market.
His analysis team had already analyzed that if they wanted to establish a foothold in Asia, China was a country that must be conquered.
For this reason, his think tank proposed a suggestion: a homophonic domain name. Otherwise, it would not be easy for Google, an outsider, to establish itself in China.
Moreover, China was not short of domestic internet giants. Everyone was vying for business, and no one was willing to cede market share.
This would be an era of bloodshed and an era full of opportunities.
The adaptable would survive, and the unadaptable would be eliminated. The market was that cruel and ruthless, operating according to its own laws.
He originally thought that Zhang Tianxing, this top short-seller, only had talent in the stock market, but he didn't expect him to have such a big appetite. Ten million US dollars was definitely an exorbitant price. Currently, domain names were not trading at such high prices in the market.
Unexpectedly, Zhang Tianxing directly shook his head and offered fifty million. Hearing this figure, Jim wanted to cry.
Damn it, why don't you just rob a bank? You couldn't get away with fifty million even if you robbed a bank.
Did you know how heavy fifty million US dollars was? You couldn't possibly carry it. Zhang Tianxing actually proposed this figure, leaving Jim speechless.
John F, his old classmate, saw the situation and directly pulled up a chair to watch the show, munching on sunflower seeds and making sarcastic remarks.
"Jim, broaden your horizons. Think about it, who will pay this money? It's your company, right? It's not your money. I think this figure is very appropriate."
Good heavens, John F's words almost made Jim faint.
"Old classmate, are you even human? It's true that it's not money from my pocket, but if this money is spent, I need to see results. Don't tell me about fifty million for a domain name. Has a domain name ever been sold for a million? Tell me, enlighten me. I've spent the money, how do I explain it to the board? You're going to kill me! It's a shame we're old classmates."
It seemed that this matter could not be discussed any further. Zhang Tianxing had no intention of backing down, and Google would not spend this unjustified money.
Thinking of this, Jim was furious. What kind of people were these? John F's expression was also infuriating. He vowed to deal with him properly at the next alumni gathering.
Jim thought this and stood up angrily. Forget it, the sun sets in the west but rises in the east. There would be a solution later.
"Jim, sit down and let's talk properly. Any matter can be discussed. If it doesn't work once, we can talk twice. If you stand up and leave directly, what does that mean? Are you planning to deal with me at the next alumni gathering?"
"To be honest, Zhang Tianxing is my prized disciple. I will definitely side with my student. You are an elder, so what does it matter if you take a slight loss? Besides, Zhang Tianxing must have his reasons for his asking price. If Zhang Tianxing can't explain it clearly, I will make him lower the price. Are you satisfied with this?"
Hearing John F's words, Jim had no choice but to sit down again. He stared at Zhang Tianxing, wanting to hear why Zhang Tianxing was asking for fifty million US dollars.
If Zhang Tianxing couldn't justify it today, John F would not stand by and watch, after all, they were classmates.
Zhang Tianxing glanced at John F and slowly opened his mouth, "Mr. Jim, I'm setting this price for your own good. Think about it."
Hearing Zhang Tianxing's words, Jim was so angry that he laughed. What was this? He was setting a high price for his own good. He thanked him, but couldn't afford it. He preferred to be treated a little worse, and he wanted to buy it cheaper.
Later, there would still be advertising and public relations to do. Money would be needed everywhere. Now he just regretted that the money allocated by the company was too much, and it was not enough everywhere.
"Zhang Tianxing, speak properly. You're doing this for my own good, so why don't you just give me the domain name? You only applied for a domain name. How much can it cost? How many times have you multiplied it? You're asking for the sky. This price is directly out of this galaxy. I don't feel like you're doing me any good."
Zhang Tianxing chuckled, "It's like this. I can explain. Mr. Jim, let me ask you, how much money do you plan to spend on advertising in Asia, and how much traffic will it ultimately bring to Google? How much of this traffic can be converted into customers?"
"That's a trade secret. I can't tell you," Jim replied disdainfully. He was so disappointed with Zhang Tianxing. His words were not to the point. It was a shame that such a person became the top short-seller. It seemed that the US stock market was devoid of talent.
When there are no heroes, the ordinary become strategists! This is the sorrow of the times.
"Mr. Jim, imagine this: a sky-high domain name is sold. How long will the topic be hot? Is one year enough?"
Hearing this, Jim's eyes lit up. This was interesting.
Zhang Tianxing continued, "As the buyer, on the one hand, you are showing your strength with real money. What is strength? Having money is strength. Only when your company spends a whopping fifty million US dollars to buy a domain name will you be number one in the eyes of netizens."
"At that time, you won't need to drive traffic. This domain name will play an unexpected role. At that time, your competitors will be afraid. This is a great opportunity to expand your influence."
"You haven't appeared in the vision of netizens before. This high-profile appearance, coupled with demonstrating the move of an industry giant, will bring you a hundred benefits and no harm!"
"Opportunities don't come often. If you miss it, you won't get it again. Think about it, how much effect can fifty million US dollars have? How much effect will it have here? If you rely on your advertising and other marketing methods to achieve such an effect, how much money will you need to spend? This amount should not be difficult to calculate, right?"
John F applauded from the side. Zhang Tianxing always brought unexpected surprises.
What Zhang Tianxing said just now was not wrong. If this were true, Google would become famous overnight. It was hard to say about other places, but in China, they would definitely win a city.
As long as the product was decent, they could make a living in the Chinese market without any problem.
"Zhang Tianxing, you're really something. It seems I underestimated you. How about this? I'll report back to the board and see how much they can allocate. Also, fifty million is too much. Ten million can achieve the same effect." Jim now just hoped to spend less money and accomplish more.
The figure of fifty million was impossible. The board would not agree. Given the board's usual behavior, thirty million US dollars could still be achieved, it just depended on whether Zhang Tianxing would budge.
This Zhang Tianxing was truly a commercial genius. With such commercial talent, it was a bit of a pity for him to make money in the stock market.