Rebirth in 1985
Chapter 819 Negotiation
Chapter 819 Negotiation (Part 2)
Lu Shaohua had already had a plan. When Jerry Yang and others agreed to sell their shares, he told them his general idea. Now that Jerry Yang and David Filo have agreed to sell their shares, it is time to tell them about his vision for the future of Yahoo.
However, before Lu Shaohua started to talk about his idea, Yang Zhiyuan asked a question first. "Yahoo is a very complex company now. It is not like a search engine because Yahoo's search engine has limitations. It is not like an Internet portal either. It is more like Internet communication."
As Jerry Yang said, Yahoo's business scope is very diverse. It is limited and not comprehensive to say that it is a web search engine. It is also not like to say that it is an Internet portal, because a portal website covers too many aspects. Judging from the current situation of Yahoo website, it does not meet that standard at all. As for Internet communication, this is somewhat reasonable, because Yahoo itself operates Yahoo Mail, which can be regarded as a type of Internet communication.
"How do you plan to develop such a messy company?" asked Jerry Yang.
Hearing this, Lu Shaohua did not rush to answer, but looked at Jerry Yang for a long time before speaking. "I don't plan to change anything that Yahoo is doing now. We will continue with the old route, but we will add more projects to it. After all, it is a business and media company. Also, if Phoenix Group succeeds in the acquisition, I will send a large number of technical personnel to help, so that Yahoo's various technologies can have breakthroughs and be further improved."
At this point, Lu Shaohua paused deliberately to give Jerry Yang and the others some time to digest the information before continuing. "Also, in my opinion, Yahoo Mail is a project worth promoting. We should pay attention to this aspect and make Yahoo Mail the best in the world. As for other aspects, well, the exception is the portal website, which is also a project worth developing. With the entry of Phoenix Group, it will definitely bring in funds. We can increase the search efforts and put more news on it. It seems that it is not impossible to develop it into the world's largest information network."
Lu Shaohua's meaning was very clear. He had a good idea about the future development direction of Yahoo. Even if Lu Shaohua did not explain it in detail, Jerry Yang and others could understand it.
In addition to this, Jerry Yang and his team also heard a hidden message, which is that Phoenix Group will inject capital and Lu Shaohua will make additional investments. Although Lu Shaohua did not say how much additional investment would be, as the owner of Phoenix Group, the investment would definitely not be too little.
This is not the end. Not long after the voice stopped, Lu Shaohua spoke again. "I think you should have investigated the situation of Phoenix Group?"
Lu Shaohua thought that Jerry Yang should have been desperately searching for information about Phoenix Group from the moment he received Liu Mingzhang's call. Once they investigated Phoenix Group, they should know a lot of things. For example, Phoenix Tencent, Phoenix Software Group, etc., Jerry Yang and his team should know everything clearly.
This is indeed the case. Jerry Yang and his team did investigate Phoenix Group, and they did it very thoroughly. They had a thorough understanding of each and every subsidiary of Phoenix Group, and those subsidiaries related to the Internet industry were all under their control.
The information obtained from the investigation shows that Phoenix Group has a Phoenix Software Group under it, and Phoenix Software Group has a company called Phoenix Search, which is currently developing a web search engine.
This made Jerry Yang feel puzzled. Why did Phoenix Group acquire Yahoo when it was already developing an online search engine?
Although it was strange, Yang Zhiyuan still put the question aside. What attracted him more was Phoenix Tencent. Phoenix Tencent is famous for its instant messaging software, which has become popular all over the world and has become the most popular messaging software in the world, surpassing Microsoft's MSN.
This once again raised a question mark for Jerry Yang. Phoenix Group has already made its first steps in the Internet industry, so why is it still interested in Yahoo? More importantly, whether it is Phoenix Tencent or the Phoenix Search that is being developed, the technology is far more powerful than Yahoo, so it seems that Lu Shaohua has no need to acquire Yahoo.
It was precisely because he realized the strength of Phoenix Software Group, a subsidiary of Phoenix Group, that Jerry Yang always had strong doubts.
Well, let’s put the question aside for now. What Yang Zhiyuan is concerned about now is what Lu Shaohua just said - there is technical support.
what does this mean?
Others may not understand it, but Jerry Yang feels it deeply. With the strength of Phoenix Group, if it has technical support for Yahoo, it means that Yahoo's technology will advance by leaps and bounds. With the investment from Phoenix Group, it will be just a matter of time for Yahoo to take another step forward.
"Well, this is a comprehensive statement, and the long-term statement is that Yahoo's development direction focuses on information and Internet communications. That's right, it's Yahoo Mail, which is a huge industry. If these two aspects are well developed, Yahoo's future prospects will be limitless." Lu Shaohua said passionately.
In the previous life, when people mentioned Yahoo, the first thing they thought of was Yahoo Mail, followed by the news on the Yahoo official website, and then other things. As a reborn person, Lu Shaohua was of course aware of this.
What Lu Shaohua said now is just a pre-emptive move, and it may not seem like a new idea. However, don’t forget that it was precisely because Lu Shaohua knew the future direction of development that he was able to give birth to Yahoo.
Even if they already knew how to develop, and Lu Shaohua had a large number of talented people behind him, why couldn't Lu Shaohua be the first to put forward future visions and have people develop them so as to realize Yahoo's heyday ahead of time?
It is undeniable that Lu Shaohua's ideas are very clear. Although he doesn't know whether what Lu Shaohua said is correct, Yang Zhiyuan thinks it is a very creative idea, and his originally uneasy heart was convinced by Lu Shaohua at this moment.
Jerry Yang had no objection. At this moment, he made a real decision to sell his shares and only keep 20%. He was also willing to help Lu Shaohua take charge of Yahoo for free.
As for David Filo, he was originally in charge of technology at Yahoo and had no involvement in management at all. When he heard Lu Shaohua say that Phoenix Group would provide technical support, he agreed to sell his shares without even thinking about it.
Of course, in addition to the technical support from Phoenix Group, David Filo was more concerned about the fact that he would not sell too many shares. After all, he only held 25% of the shares, so even if he sold them, it would only be 5%.
"I have no objection." David Ferro nodded, and finally smiled and added, "You can sign my name on the share transfer contract at any time."
"Ha ha……"
Jerry Yang laughed and said in Chinese, "Me too."
Although Yang Zhiyuan said something in Chinese, it is not difficult to guess from his expression that what he said was probably about agreeing to sell the shares. At least in David Filo's opinion, Yang Zhiyuan's meaning was related to selling the shares.
Lu Shaohua is originally Chinese, so of course he can understand Chinese. When he saw Jerry Yang and the other two expressing their willingness to sell shares, one in English and the other in Chinese, he was already very happy.
However, Lu Shaohua did not show too much joy. After all, the current occasion did not allow him to laugh out loud. More importantly, Lu Shaohua was afraid that being too happy would make Jerry Yang and others regret and withdraw their decision to sell their shares.
Just kidding, by the end of 1999, Yahoo's market value will exceed 390 billion US dollars, and that is still normal development. Now that Phoenix Group has taken over, once the news gets out, Yahoo's stock market price will soar.
Don't forget that Phoenix Group is very well-known around the world. When such a company takes over Yahoo, anyone with a little common sense will know what it means. This will mean a new era for Yahoo. It would be strange if they didn't invest.
It was precisely because Lu Shaohua could predict that Yahoo's stock would definitely rise that Lu Shaohua made the promise, saying, "By the end of the year, the net worth of both of you will exceed 10 billion US dollars."
What is this? Is this Lu Shaohua's prophecy?
No, Jerry Yang and David Filo did not think that this was Lu Shaohua's prediction. Although they were not business professionals, they still understood some things. They knew that once it was announced that Phoenix Group would take over Yahoo, Yahoo's stock price would definitely reach a new high.
The stock price will rise, and combined with Yahoo's current market value, they have reason to believe that holding 20% of Yahoo's shares and becoming worth over $ billion will not be an unrealistic dream.
"Let's work together." Jerry Yang was relatively calm and said lightly.
"I am looking forward to the technical personnel sent by your group." David Filo became enthusiastic about technology.
Lu Shaohua smiled softly, stood up, shook hands with Yang Zhiyuan across the table, and said softly, "Let's work together."
Afterwards, Lu Shaohua also shook hands with David Ferro and smiled as well, but Lu Shaohua did not smile lightly, but smiled a little louder, and then said, "I will definitely not let you down."
Although Jerry Yang and David Filo are both known as geniuses, Lu Shaohua believes that the talents under his command are not useless. Although it cannot be said that all of them are better than Jerry Yang and the others in terms of technology, the saying that there is always someone better than you will always hold true.
"Ha ha……"
"Ha ha……"
Jerry Yang and David Filo said nothing, just laughed.
The negotiations are over. Yes, at this point, Lu Shaohua can finally say that the negotiations are over. However, after the end, Lu Shaohua still has one thing to say, which is about the date of signing the contract.
"Someone will come to sign the contract with you tomorrow."
……
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