Of course, Zhou Shi knew that the development of Guoke, Spreadtrum, SMIC, and Time Android together was a very big challenge for him, and it was very likely that it would collapse completely. To say that the collapse has passed a point, that is, it cannot meet expectations, and everyone is confused. And Feng Xing may not be a handsome talent, but unfortunately apart from Feng Xing and Zhou Shi, he can't find someone more capable. Could it be that if you call Lei Jun over, what should you do with your time and friends? Originally, Guohu was full of associative state-owned enterprise style, but after being rectified by Zhou Shi last year, more executives from Nokia and Motorola were absorbed, but Zhou Shi knew that this was obviously not enough.

The design of the shell has the guidance of Zhou Shi, so it can not fall behind in the competition with Apple, but Zhou Shi is just an ordinary consumer, the mobile phone used is always limited, and the contribution that can be made to the shell is also limited. The design culture of an enterprise still cannot rely on these crooked ways, and the shell of the coexistence of multiple cultures needs a more advanced culture as a guide, so that they tend to be unified in the competition. Internet culture is okay, but the development of Xiaomi tells Zhou Shi that the ceiling of this culture is not high enough, and it has never been able to get rid of the limitations of the special machine for dicks. After all, it is ridiculous for a Xiaomi without core technology to promote geek culture. Perhaps Xiaomi's biggest contribution is accelerating the adoption of smartphones in China, so that more people can enjoy the fun of technology. Xiaomi is not not great, but if Zhou Shi wants to do better, at least he can't let Apple and Samsung make all the profits of the mobile phone industry. Then it might be a good idea to learn about Apple's retail style of luxury. So Zhou Shi asked China to help find excellent designers, as well as designers with experience in the luxury industry. To be honest, even with Zhou Shi's guidance, the industrial design of Guoke is still unsatisfactory. Otherwise, the sales growth rate of Guoke mobile phones will not be worse and worse compared with Apple mobile phones.

The sales and after-sales service of Guoke in Europe and the United States is to learn from the Apple model, and the user is couriered to the designated place for centralized repair, and there are some specially authorized service centers. If the development goes well, there must be a local brick-and-mortar store. However, simply learning Apple will only die quickly, and in Zhou's imagination, it is still similar to Xiaomi Home. Xiaomi Home can sell a wide range of smart devices. Mobile phones, tablets, action cameras, and drones will all appear in the home of the shell, and technology and fashion may be their future theme.

However, Joracob and Zhou Shi said that the purpose of these will not be simple, Zhou Shi has a lot of Internet companies that are not listed, KPCB is very greedy, but everyone knows that Zhou Shi is rich and not short of money, in the case of friends and Twitter did not take the initiative to ask for financing, everyone did not have too many actions, after all, both Twitter and friends have rejected venture capital countless times, but this time Milner invested in the friend network with lightning speed, so that they have ideas. Some people began to reach out to Twitter and even Yelp, and Zhou Shi was quite ambiguous.

From an investment point of view, Zhou Shi is absolutely reluctant to accept venture capital from any company, and financing through venture capital is almost the most costly of all financing methods. However, before listing, it is very difficult to issue bonds or bank loans, especially for companies without hard assets such as Internet companies, the borrowed funds will not be particularly large, and the pressure to repay is particularly great, and once there is an accident in the operation, the possibility of the company's bankruptcy is too great. Therefore, in order to develop and grow, startups basically raise funds through venture capital, and even if they fail, no one will repay their debts better than the founder.

Although Zhou Shi doesn't care much about the benefits of venture capital, he is engaged in a very sensitive industry, and if it continues to develop normally, he can almost control the Internet public opinion environment in the United States. The registered users of Facebook and Friends Network cover almost all the Internet users in the United States, Twitter users are running towards 100 million, and almost every smartphone (including Apple, Guoke and Nokia) has a Twitter presence, and no country will allow such a company to exist, Lu He has such a warning.

In order to alleviate the pressure and enrich the company's equity structure, financing and listing has become an inevitable choice. Yuri Milner is a powerful safeguard against others from lowering prices.

Twitter had a bet when it was valued at $2 billion before, and if it weren't for Galaxy Capital, maybe the control of Twitter would have gone to Lehman and then taken over by a consortium. But fortunately, by now, the popularity of smartphones has exceeded many imaginations, Apple and Guoke have added to each other, and the mobile Internet has become more and more accessed, and Facebook, friends and Twitter account for a very large proportion of it. Even in the midst of a real financial crisis, it is enough to support Twitter's $2 billion valuation. But before that, there is one more thing to deal with, Zhou Shi will not let the people who offend him be too happy.

Zhuang Chengchao and Dai Furui cooperated to establish Twitter, and Zhuang Dai, who was not optimistic about the development of Twitter, ran to develop Qunar.com, but when they saw that Twitter was on fire, they ran back to pick peaches at the instigation of Lehman, but they didn't expect Lehman to go bankrupt and be kicked out by Zhou Shi, and by the way, they controlled Twitter. But how could Zhou Shi forgive Dai Furui so simply, he always had to find a way to teach him a lesson. Fortunately, Lehman is the majority shareholder of Qunar, and after the bankruptcy last year, these assets in Lehman were divided between Qinglong Fund, Galaxy Capital and Sixiang Fund. Coupled with other venture capital that wants to invest in Twitter in the United States, they have more than enough ways to keep Zhuang Chengchao for the time being, and then kick Dai Fury out.

There are also people on the friend network who want to invest, but the difficulty is still very big compared to Twitter, one is that the price is too high, and the other is the issue of voting rights. Although there are some difficulties, but the problem is not big, anyway, Zhou Shi will not agree that the valuation of Friends.com is less than $10 billion, at this time, due to the advance preparation of Friends.com, as well as the pre-installed support of Guoke mobile phones, Friends.com's mobile data far exceeds Facebook, which is also one of the reasons why he does not fall behind in the competition with Zuckerberg.

Not to mention the domestic friend network, up to now, the number of users of the friend network has soared, breaking through the 200 million mark, and it is about to reach 250 million users, compared to the total number of domestic netizens of more than 300 million, it can almost be said that it occupies the entire domestic Internet. Although there are only mainland users, with the friends network of the web game department, the current valuation will not be less than 5 billion US dollars, and 5 billion is only a threshold for negotiation.

As for Yelp's financing, let them dream about it! Before the group buying broke out, Zhou Shi would never have raised money. And his model is Dianping plus Meituan, including takeaways, will also join in one by one, so he will not give up a lot of benefits for a little financial difficulty. Moreover, Yelp's model has no reason to be restricted in that country, so Zhou Shi can rest assured that he will be bold and move forward at full speed.

(End of chapter)