Chapter 367: 3G

In 2005, a little over a month away, many plans are now on the agenda.

For example, capital arrangements, etc., you need to prepare in advance, and the "bullets" in your hand are still a bit insufficient, mainly because you were too greedy and wanted to spend every penny for investment.

These Internet companies are now mainly relying on the development of Tamsui Investment Group, Facebook's profitability is not bad, there are a lot of places to spend money, there are a lot of people below, and they need to keep expanding to seize the market, it is quite good to be able to maintain low profits, it is better not to squeeze too hard for the time being, and expansion is put in the first place.

As for companies such as Youtube and Whatsapp, the current income is not enough at all, and they can only rely on Facebook and Freshwater Investment Group to help them develop.

Lack of cash cows in hand, no financing at present, no sale of shares, occasionally have some small troubles for money, there are a few times Ye Dongqing even wanted to go to the bank for a loan, and then felt that he could hold back any longer, and gave up, it is not a big problem to hold on for a while.

This is one of the reasons why he wants to delist Green Mountain Coffee, and also drums up hedge funds, so that he can make more money while having fun. Fortunately, most of the big customers on the side of Tamsui Investment Group are aiming at compound interest, as long as Ye Dongqing's business does not have problems, there must be someone who dares to keep his money here, with a rate of return of nine or ten points per year, where to find such a good project.

Therefore, although they do not continue to absorb funds, only do not enter and exit, and occasionally there will be some investors who try to withdraw their capital, but they are only the initial small investors, which cannot put pressure on the company's capital flow.

At that time in 2002, all the projects of the Golden Island Wealth Management Company were cut by Ye Dongqing as early as August this year, and more than 95% of the employees left with compensation, and the remaining elites were left to deal with other things.

Kanek is now helping in the hedge fund department, this guy followed Ye Dongqing very early, and was later sent to California to develop the market, just to get millions of dollars from the results, counting the money earned from investment, the net worth may be tens of millions of dollars, and now to work in hedge fund projects, the salary is definitely not as high as when he helped the Golden Island Wealth Management Company do sales, but there are millions of dollars a year.

Like Ye Dongqing, he doesn't want to be idle when he has money, in fact, with so much wealth, no matter which country he is in, he can eat and drink for the rest of his life, and he also bought a white Ferrari very coquettishly.

As long as it was the old employee who chose to stay when the Tamsui Fund was just acquired by him, Ye Dongqing did not treat it badly, and the boast of Niu 13 had already been realized, and the worst had received millions of dollars from him.

Speaking of these people, we have to talk about Ms. Vigo, who chose to leave his job when he managed the Freshwater Fund and went out to start his own business with others. It's not his own relatives, leaving is leaving, Ye Dongqing is almost forgetting such a person, and he has never taken the initiative to call him, and there was no hesitation when Ms. Vigo left.

Looking back, Ye Dongqing didn't keep it at that time, which was probably the right decision, Mr. McCord did a good job after taking over, and he hardly had to worry about it......

With the help of memory in the past, the products developed are relatively mature, and at the same time, they accurately grasp the needs of users and fill the gaps.

If this can still fail, it is better to hit the wall headlong, the data of various companies Ye Dongqing has seen it one after another, except for the force majeure encountered by the YouTube video sharing platform at the moment, the data of several other companies is very beautiful.

Especially Whatsapp, the number of global users has exceeded 100 million at an astonishing rate, and the ICQ program that keeps making mistakes has been eliminated, and AOL has indeed been powerless, and Time Warner seems to have the idea of selling it recently, offering four billion dollars, and it is estimated that no one will take over.

The merger between Time Warner and AOL at the beginning of this century was arguably one of the most painful lessons, and years later, Time Warner is still in a state of collapse, and the executives who led to the merger have long since left in disgrace, and no one wants to hire them, fearing bad luck.

After reading the information, I pondered for a while, and after talking to Mr. McCord on the phone, I planned to squeeze another $500 million out of the account in the near future as follow-up operation and promotion funds.

This year, you don't have to do propaganda desperately, but you have to look at the growth rate of the scale of global netizens, the best result is synchronous development, and then slightly exceed, Facebook and the chat program Whatsapp have done it, the user growth rate is higher than the growth rate of netizens, but it has almost touched the ceiling.

After thinking of this, Ye Dongqing used the computer to check the scale of netizens and the development of next-generation network transmission technology.

In 1995, the first generation of analog mobile phones could only make voice calls, and the second generation of GSM, CDMA and other digital mobile phones that appeared from 1996 to 1997 added the function of receiving data, such as receiving e-mail or web pages, since the advent of the "International Mobile Telecommunications Plan 2000", 3G and now are in full swing.

The deployment of 3G networks in a large area around the world began last year, Hutchison Telecommunications opened the first 3G network in Europe last year, Verizon Telecom also opened 3G services in the United States in the same year, and this year is the rapid development of 3G, many operators have opened 3G services in the United Kingdom, France, Germany, Italy and other major countries.

It's one thing to open up, it's another thing to use it on a large scale, and YouTube wouldn't have developed so slowly without the limitations of poor network transmission speeds.

With the opening of 3G, Microsoft feels that it has picked up a big bargain from Ye Dongqing, which refers to Skype, they think that it will not be long before the Skype instant voice program will have a wider market, but they did not expect that the video call technology has already been developed in the group under Ye Dongqing, just waiting for the network speed to become faster and put into the market as soon as possible.

The more I know, the more aggrieved Ye Dongqing becomes, because Apple still hasn't been able to complete the development of smartphones, probably because of previous inexperience, the whole development process is bumpy and bumpy, coupled with technical limitations, maybe we won't see the prototype until the middle of next year or the end of the year, a hardware that can use Skype for calls, similar to iPod-touch, should be the first to be launched on the market.

I've been waiting for so long, and it's okay to wait any longer, but Ye Dongqing still decided to let Jobs end his semi-cultivation state in advance, and then go to squeeze the R&D personnel with an iron wrist, carrots and sticks, compared with Jobs, Cook's methods are still too gentle......