Zhou Shi is not surprised by Zuckerberg's request, the reason why he wanted super voting rights was just for the sake of good face, and there are future interest disputes. If you want Zhou Shi or Time Friends to give up their rights, there must be sufficient compensation, so that there is more room for the cooperation between Time's various products and Facebook.

Zhou Shi's layout has always been a matter of not caring about the gains and losses of one city and one place, and he is very clear about what can and cannot be shared, and he is not a very good entrepreneur, or his entrepreneurial goal has never been one or two companies. Social networks are not bad, but there are many reasons why Facebook is powerful in the previous life, such as Instagram, whatAPP and Facebook Message! Among the world's most popular apps, Facebook alone occupies 4 of them, which is the reason why they are strong. Excluding the three apps mentioned above, Facebook's market value is likely to lose half, but that will be a few years later, and it has nothing to do with F&F's current listing.

Yahoo Tong has such a big problem, and the current CTO and COO are responsible, but Zhou Shi has no intention of holding him accountable for the time being.

"Our servers are restored!" Zhou Shi asked CTO Brett Taylor

"It's been restored, and there won't be such a problem in the future!" said Brett Taylor

"How big can our current servers support Yahoo Messenger?" said Zhou Shi

"About 100 million people!" said Brett Taylor

"Oh, but what I want is a billion users!" Zhou Shi

"We can't do it all at once, and it's not cost-effective, it's a huge waste!" said Marissa Mayer

"Of course I know, so after you see the ability of Time Cloud this time, do you have any ideas?" Zhou Shi

"The cloud computing of time is very powerful!" said Chen Shouzong

"Can we develop our own cloud computing? Migrate all our businesses to the cloud, so that we don't have to worry about the scale of users, and we can open up new businesses," said Zhou Shi

"From the perspective of business operations, it is okay, and it is good for Yahoo, but I don't know if it can support it financially and technically?" Chen Shouzong thought for a moment and said

"By the time we get to next year, after we transfer some of Alibaba's shares, we will have a lot of funds, and there will not be much difficulty in preparing from now on. "Tim Morse

"Technically, technically supportable!" said Brett Taylor

"Then let's reinvent ourselves first, and then think about others. "Zhou Shi, cloud computing is directly facing B-end customers, Yahoo is facing the public, if you directly carry out cloud computing, it is equivalent to starting from scratch. In the previous life, Google did cloud computing very late, and it may have had this consideration. Facebook has not been doing cloud computing, and it may not be at odds with their corporate culture. Zhou Shi's acquisition of LinkedIn is, of course, not only for social networking, but also to build DingTalk into a cross-platform office platform not just to imitate Alibaba. These can pave the way for cloud computing, and the data behind LinkedIn is what Zhou Shi values the most.

"Simon, there's a question to pay attention to!" said Tim Morse to Zhou Shi after the Yahoo meeting

"What's the problem?" Zhou Shi

"While I think you've done well enough this year, our financial statements aren't very good, and we're likely to lose money this year. "Tim Morse

"Is the problem serious?" Zhou Shi

"It's not very serious, although our cash flow is not very healthy, but this is only temporary, and if our retrofit can be successful, there will be no problems," said Tim Morse

"Have you ever wondered what will happen to Yahoo after all of our projects fail, or if only one succeeds?"

"All failed?" Tim Morse looked down in thought for a moment.

"The worst outcome is Yahoo going bankrupt, but if we still have an equity stake in Alibaba, there should still be a chance. "Tim Morse

"Spin off YELP next year!" Zhou Shi said suddenly

"Ahh

"Don't make a noise yet, get ready. "Zhou Shi

"But" Tim Morse wanted to say, Yahoo's acquisition of YELP was treacherous, and although there were many opposing voices and many favorable voices in the market, most people accepted the reality in view of Zhou Shi's personal legend. In fact, if you think about it, Yahoo and YELP have almost no relevance, one does portal and search, and the other does local life services, and the gap between them is too big. If Yahoo is a profitable company, it would be fine, but now Yahoo's second venture will obviously have a serious impact on the current financial situation, and Yelp's development will face more challenges. Just like Microsoft can't develop the Internet well, the genes of these two companies are different.

"Do you say that splitting YELP is good or bad for Yahoo?"

"Of course, it's a big benefit!, but you'll also get a lot of criticism for it!" Tim Morse still admires Zhou Shi, a young man.

"Haven't I received less criticism?" Zhou Shi

Although Yang Zhiyuan and Fei Luo proposed to resign on their own, there are too many Yahoo shareholders, and there are still a lot of rumors. The relationship between Zhou Shi and Yang Zhiyuan's friends is also well known to everyone, and Yang Zhiyuan's strong advocacy of Zhou Shi to join Yahoo is also known to the public. Many people have thoughts about Zhou Shi, especially Zhou Shi's Chinese identity, and because Zhou Shi is not often interviewed, and he has no pro-people performance, he has not yet made charitable initiatives, which further aggravates this suspicion.

"But," Tim Morse

"I think Yahoo's shareholders will agree. Zhou Shi, as the true founder of YELP and the largest shareholder of Yahoo, he will definitely face a lot of criticism, but the benefits of spinning off YELP are probably what shareholders are happy to see.

"Well, I'll be ready. "Tim Morse

Yahoo's business is a bit messy right now, oh, I should say it's a bit miscellaneous. First up is Yelp, with reviews, group buying, and hotel services, as well as Airbnb, the big killer of the future. Then there is Yahoo, which is now mainly engaged in portals and search, but under Zhou Shi's adjustment, it has opened up two major fields: mobile social networking and workplace social networking, namely Yahoo Messenger, Flickr (against Instagram) and LinkedIn (LinkedIn). At the same time, Zhou Shi also expanded the living space of the portal in the mobile Internet era, that is, launched Yahoo News and Toutiao. The connotation of search was born, and artificial intelligence was introduced.

Now Zhou Shi is going to start cloud computing business again, so many business lines, for a company to become more complex management. Many people think that Zhou Shi is trying, and may give up some of these businesses in the future, but the fact is that Zhou Shi is very confident in these businesses, the direction is right, and there is no problem with the timing, and there is such a killer feature as mobile phone pre-installation, as long as the product can be done well, there is a great hope of success. And Marissa Mayer and others specialize in products, and with the right people at the right time and the right people, what can be wrong with Yahoo's success?

(End of chapter)