America's Road to Fame

Chapter 63 Reception
"Boss, I just contacted Tesla and communicated with them that you will go to Tesla tomorrow. Mr. Musk said he would welcome you there."

At the end of the call, Nelson reminded William Chen of tomorrow's schedule.

Thinking of going to the reception in the evening, William Chen simply ate something after reading the materials, and then went to the bathroom to take a bath.

When he came out, he saw a missed call from Ivanta five minutes ago.

William Chen quickly picked up the phone to call back, and the call was connected soon.

"Sorry, Ivanta, I just went to take a shower."

Chen William was talking, but heard Ivanta ask directly: "Which hotel are you in now?"

After hearing the name of William Chen's hotel, Ivanta said, "I'll be there in 10 minutes, and I'll call you then."

"What? Are you in Los Gatos now, Ivanta."

"If you have already found a female partner, then I will go back right away." Ivanta said coldly.

"Of course not, it's just..."

But what was waiting for him was that Ivanta hung up the phone again.

This made Chen Weilian feel quite speechless, the woman lost her temper, but she really changed her face when she said it.

Looking at the time, it was only two hours before calling her. It seemed that Ivanta came here directly by flight.

Sure enough, it didn't take long for Ivanta to arrive at the hotel. When William Chen opened the door, he saw Ivanta standing outside the door.

She was wearing a white satin floral dress and a pair of sunglasses, looking at him expressionlessly.

"My dear, you are still so beautiful and charming."

William Chen opened his hands, wanting to give her a warm hug, but Ivanta did not cooperate with him, dodged in front of him, and walked past William Chen. This scene made him quite embarrassed.

"You must be tired, take a rest first." William Chen closed the door, turned around and followed Ivanta, and said attentively.

Ivanta didn't speak, but went straight to the refrigerator, opened the door and took a look, took out a bottle of Veen mineral water, opened it, took a sip, looked around the living room, and asked:

"What time does the reception start?"

……

At seven o'clock in the evening, William Chen and Ivanta arrived at Reed Hastings' home in Silicon Valley.

When they got out of the car and saw the Hastings couple who came to greet them, Ivanta changed her cold expression before, and showed a charming smile on her face, and took William Chen's arm smoothly.

Her contrasting behavior made Chen Weilian sigh that women are really fickle.But before he had time to think about it, William Chen had already met the hand extended by Reed Hastings, and heard him say to himself:

"Welcome to come here as a guest, William, some old friends will come soon, we can get to know each other together."

At the same time, Reed Hastings introduced his wife, Patti Quilling, to the two, and Paddy Quilling took Ivanta's hand and started chatting with her:
"Miss Ivanta, I've seen you on TV a long time ago. I didn't expect you to come here with Mr. William today. The two of you are really a good match."

After the reception started, Chen William found that Hastings' way was really wild, and many big names from Silicon Valley came today.

After Hastings' introduction, Chen William met Facebook CFO Sandberg and her sister, Google co-founder Sergey Brin and his wife Nicole Shanahan and others.

Coincidentally, like him, Nicole Shanahan is also half of Chinese descent. The difference is that her mother is an immigrant from China, so Nicole Shanahan can also speak Mandarin fluently.The two also chatted with each other in Chinese for a while, and both felt very cordial.

This year, Netflix publicly released a PPT document introducing corporate culture, which has been downloaded more than 1500 million times on the Internet and has been praised by many industry leaders.

At this time, in addition to serving as the CEO of Netflix, Reed Hastings was also a director of Microsoft, so his influence in Silicon Valley was not weak and he had a very wide network of contacts.

But among these people, William Chen wanted to know the middle-aged Chinese man who was chatting with others the most.

This middle-aged man who looks quite elegant with glasses is the founder of Yahoo, Jerry Yang.

Waiting until Yang Zhiyuan finished chatting with others and was alone for a while, Chen William seized the opportunity and walked over to him and said:
"Hello, Mr. Yang Zhiyuan, do you have time to chat for a while?"

Hearing someone speaking to him in Chinese, Yang Zhiyuan looked over in surprise, and saw a handsome young man standing beside him with a smile on his face.

Yang Zhiyuan naturally recognized William Chen, after all, his reputation as "the most famous prodigal son of this century" was not built on his own.Moreover, the other party also knew that the purpose of today's reception was to celebrate the investment of 2 million US dollars from Chen William for McNair, so they responded very politely to him.

"I am very optimistic about the Internet industry, and you are highly respected in this industry and have always been my idol, so I hope to listen to your teachings." William Chen complimented the other party quite politely.

"Haha, you're too proud. Now the Internet is your young people's world, and we are all old." Yang Zhiyuan has a good personality, and chatted with Chen William very patiently.

The situation of Yahoo is not good now. Chen William has specially collected information about Yahoo before and knows some things.

Because their revenue from advertising was pulled farther and farther away by Google, the board of directors recruited Yang Zhiyuan to serve as the CEO of Yahoo again, hoping that Yahoo could shorten the distance from Google under his leadership.

But last year, Jerry Yang stubbornly rejected Microsoft's $450 billion acquisition of Yahoo, and instead reached an exclusive agreement with Google in the field of search advertising.The results did not take long, the cooperation between Yahoo and Google declared abortion.

At this time, Yahoo, which had been working with Microsoft to deal with Google's strong expansion, began to face a dangerous situation.Because of the loss of Microsoft as an ally, what they need to face is that the two are simultaneously grabbing their advertising share.

At this time, Yahoo once again threw out an olive branch, hoping to negotiate the sale price with Microsoft, but the other party rejected them without hesitation.

Therefore, Yang Zhiyuan was strongly criticized by Yahoo shareholders, and finally resigned from the position of Yahoo CEO at the beginning of this year, and continued to play the role of "Yahoo Chief".The current CEO of Yahoo is Carol Bartz, who has the title of "Queen of Silicon Valley".

Although he resigned from the position of CEO of Yahoo, Jerry Yang still has a profound influence in Yahoo, just like the current CEO of Yahoo, he was appointed under the recommendation of Jerry Yang.

In the development of these years, Yahoo has made many wrong decisions.For example, it gave up the acquisition of Google; it missed the acquisition of Facebook because of hesitation; and it rejected the acquisition of Microsoft.

But they have also made extremely correct decisions, such as exchanging 10 billion US dollars for 40% of Ali's shares.

The reason William Chen hopes to take this opportunity to get to know Jerry Yang is because he is interested in the Ali shares in Yahoo's hands.

Chen William knows that if he proposes to acquire the 40% of Ali shares held by Yahoo.There is a high probability that it will be rejected by Yang Zhiyuan, because he is still more optimistic about Ali's future development.

And at present, William Chen does not have that much money to buy all 40% of Ali shares.

At present, Ali has split its B2B business and listed it on the Hong Kong stock market. The market value of this part of the business is about 100 billion US dollars.Adding the rest of Taobao, Alipay and Yahoo China, Chen William estimated that the 40% of Ali shares will need at least 60 billion US dollars to make Yahoo let go.

Because at that time, Ali wanted to split the B2B business for listing, because only this part of the business was profitable and could have a relatively satisfactory valuation.The two businesses of Taobao and Alipay are in a state of early loss and will not get a good valuation.

As for Yahoo China, not to mention, Lao Ma has never paid attention to this part of the business, and it is almost equivalent to letting go.

Therefore, in terms of valuation, the listed B2B business will definitely account for the majority, while the two businesses Taobao and Alipay can be said to be in a low value.

However, if we wait until half a year or a year later, the subprime mortgage crisis will intensify and affect the whole world.The valuation of these shares of Ali is likely to be discounted by half.

And with Yahoo's current situation, it will definitely be deeply affected by the crisis, and it will be in great trouble.

At that time, if William Chen proposes to acquire this part of Ali's equity in their hands, it will be easier to accept, and he can get a better price.

Therefore, William Chen's main purpose now is to hope to establish a good relationship with Yang Zhiyuan with the same identity of Chinese descent, so as to prepare for the purchase of Ali's shares from Yahoo at that time.

(End of this chapter)