Chapter 337: Weibo

No matter who you are, it is difficult to have a smooth sailing on the way forward. Zhou Shi originally thought that Wang Xin's Twitter China would be shut down for various reasons, just like the rice in his previous life, but now, more and more shareholders have joined and more and more people support him.

Robin Lee's change was something he hadn't thought about, originally he thought that with a large part of Baidu's shares, he could have restrictions on him, but now that he thinks about it, Zhou Shi's original idea was a little naïve, and the CEO of a listed company, especially the founder, is difficult to be shaken by outsiders. Unless the other party has a big moral flaw that has a great impact on the company's operations, and there is also the issue of shares, the voting rights that the founders cannot have too low also have a big impact. However, Baidu is an AB equity structure, and in the final design, Robin Li has 15% of Class B shares, another 5% of Class A shares, Galaxy Capital has 5% of Class B shares, and Zhou Shi personally owns Class A shares, Class A shares have one vote per share, and Class B shares have ten votes. Robin Lee's voting rights are controlled at about 55 percent, and even if he dumps all his Class A shares to improve his life, his voting rights will be more than 50 percent.

Zhou Shi also has about a billion dollars of assets that can be used flexibly in his securities account, and has increased his stake in Baidu to 6 percent, but unfortunately it is still useless. However, in addition to Baidu, Zhou Shi personally bought shares of Netflix and Apple, Netflix bought a little more, buying 9.9 percent of the shares at a price of less than 200 million US dollars, Apple was a little less, it was still 10 million shares, its total share capital was 861 million, and Zhou Shi's 10 million shares accounted for about 1 percent of Apple's shares, and the funds used were nearly 900 million US dollars. didn't buy Amazon shares, if he bought it again, Bezos would be in a hurry with Zhou Shi.

Looking around the domestic Internet rivers and lakes, Zhou Shi couldn't think of where Yin Yue was suitable, the three major Internet portals, or penguins? Do you want her to buy a mobile phone?

"Do you have any ideas?" Zhou Shi couldn't think of it, so he asked Yin Yue directly

"Yes, yes, I have many ideas for improving my blog, but I haven't implemented them on Baidu. Yin Yue drank coffee and said unhurriedly, they made an appointment to chat together.

"Then you talk about it," Zhou Shi

"In fact, it's basically similar to Twitter China, the main thing is to let the current celebrities of bloggers migrate to Twitter, and then use the convenience of smartphones to post Weibo anytime, anywhere. "Yin Yue

"Very well, if only I let you start doing it. "Zhou Shi

"It's a pity that Robin Lee isn't you!" Yin Yue

"Who made him a genius, I can only rely on you for a half-ass. "Zhou Shi

"Hehehe~" Yin Yue seemed to smile

"What do you mean, do you have the idea to do it?" Zhou Shi

"Originally, I wanted to take it easy and go to the friends network to fool around, but who knows if I can't go. Alas~~" Yin Yue sighed

"I can only say that the friend network does not have this blessing, although I missed this opportunity, but I believe that everyone still has the opportunity to cooperate. "Zhou Shi

"Yes, I also believe that there is an opportunity for cooperation, and now I have an idea! It depends on your opinion, Mr. Zhou!" Yin Yue

"It turns out that you came prepared, let me worry about you in vain!" Zhou Shi, "Tell me, what can I do to help you!"

"I hope to cooperate with Time to set up a blog site, or a micro-blog site, which is roughly similar to Twitter China, which means that I want to compete directly with Wang Xin and them, how about it, does Mr. Zhou have confidence in me?" Yin Yue

"Why isn't it a friend network?" Zhou Shi seemed to notice something.

"Mr. Zhou, what do you think?" Yin Yue asked again, a strange smile on his face

"Time, Weibo, plus Sina, we will form a company in partnership with the three parties, and you will be the CEO, but are you willing to put all your net worth into it?" Zhou Shi

"Why are you reluctant, anyway, your brother-in-law is responsible for the child, and he hasn't learned to be pampered, and our family can't use so much money. "Yin Yue, Yin Yue's husband is an associate professor at a university, it seems that he was promoted last year, he teaches at Capital Normal University, his children are in high school in his hometown, and he comes to Yanjing to play during the winter and summer vacations, and Zhou Shi has seen it before. Plain, not impressive.

"If the money is enough, if there is not enough money, I will lend you something, if there is no suitable shares, it will not be good for your future development. "Zhou Shi

"With your support, what are you afraid of!" Yin Yue

"If you think so, then forget it, you better find a company to continue working!" Zhou Shi said unceremoniously, "If you want to start a business, what you can rely on is not your relationship and wealth, only your ability." If you have a big heart but don't have the ability, or you just want to develop by various relationships, you will definitely face failure in the end. ”

"I'll just talk about it, you can take it seriously!" Yin Yue said indifferently

"Joke when you're joking, work when you're working, we're talking about business" Zhou Shi

"I also had $20 million after the exercise of my stock options at Baidu, which I cashed out and invested in the new company. "Yin Yue

"It's not cost-effective to sell Baidu shares now, so let's do it, I'll guarantee you, go to the bank to use Baidu's shares as collateral, and take out a loan of money. Baidu's stock price is likely to double next year, and then find a bank to borrow new money to pay off the old, Baidu's stock price will definitely rise many, many times higher than the interest you borrow. "Zhou Shi

"Can you still do this?" Yin Yue

"Of course, how do you think I make money through finance?" Zhou Shi

"So if everything goes well and Baidu's stock price doubles, I can invest in entrepreneurship without paying a penny. Yin Yue said excitedly

"Yes, but not everyone has this kind of opportunity, and most companies' stocks will not have such an increase as Baidu's shares, so this kind of thing will not be very common," Zhou Shi

"How do you know that Baidu stock will rise?" Yin Yue

"We can analyze it from two aspects, we have a preliminary analogy with Google and Baidu, last year China's economy accounted for about 8 percent of the world's share, and the United States accounted for 23 percent. Assuming that Google has more than 70% of the world's search market and Baidu has 8%, and their market capitalization ratio should be 9:1, then Baidu's market capitalization should be more than $13.5 billion. Now Baidu's earnings may have increased significantly, and now Baidu's stock is already undervalued, so after the economy improves, it should not be very difficult for Baidu to double its market value next year. ”

"Then I'm not going to start a business, I'll just wait for Baidu's stock to rise!" Yin Yue

"Hehe!" Zhou Shi

"What if Baidu's stock price falls?" Yin Yue asked again

"Isn't there still me?" Isn't the face of the richest man in Zhou Shi valuable?

(End of chapter)