Everyone faces the problem of choice, but some people's choices greatly affect others, and some people's choices mainly affect themselves. Zhou Shi is not a social person, so he has little interest in creating a social network empire. So even if he had the opportunity to take out Facebook, he didn't make such a choice. So much so that some people later interpreted him like this: Zhou Shi, who was influenced by Taoist thought, longed for the life of a small country and widows, so even if he had the opportunity to build a social empire, he still did not choose to do so.

Perhaps, people are forgetful, everyone used to think that they couldn't do without QQ after decades, and now I don't know how long I haven't used QQ contacts. Facebook may retain a person's memory for a long time, but it may not be selectively forgotten by everyone one day. It is also possible that the younger group chose a new way of socializing, and then the Facebook-style social network was abandoned. Of course, this will take time, and who will do business think about whether it can continue in a hundred years? The most important thing is that Huaxia is the biggest competitor of US imperialism, and there will inevitably be disputes in the future, and a privacy and security is the best excuse to crack down on Chinese enterprises. It's just that Chinese enterprises are inherently prone to discrimination, and in order to safeguard the interests of its own enterprises, the US imperialists also want to crack down on Chinese enterprises that occupy a dominant position in the world. Renunciation is the greatest protection for himself, avoiding being caught between two great powers.

Zhou Shi also did not choose to do e-commerce, the reason is very simple, one is the pressure of competition, and the other is too tired, and it is difficult for the founder to become big without passion. eBay in the United States is a representative, and most of the enterprises controlled by professional managers have upper limits. The reason why Wall Street allows the AB shareholding structure of enterprises is, in the final analysis, because the success rate and development ceiling of the enterprises controlled by the founders are much higher than those of professional managers. As there are so many options that can be successful, there's no need to go into hell mode on your own.

However, social networking, not doing e-commerce, the search market is simply a nightmare mode, so Zhou Shi's choice came out. His development direction in the Internet industry is 3 plus 1: cloud computing, artificial intelligence and big data, and then Internet finance, an international version of Ant Financial. The operating system is not the point, it's just a temporary transition. Fruit shell and nuts are high-tech consumer goods companies, Galaxy Sixiang two financial companies are the core enterprises of equity control, and they are also the source of funds in the early stage of time development, friends.com, Twitter are for the exchange of interests and making money, and the game company is a cash cow. Investing in film and television culture and sports is for social influence and socialization.

The focus of Yahoo and Time is basically the same, both are artificial intelligence, big data and cloud computing, plus Internet finance, oh, Yahoo also has O2O, sharing economy, and of course Time also has an Android system. But in general, Yahoo and Time are basically one yin and one yang, one in China and one outside, and they are each other's inside and outside.

Wei He's "Longzhong Pair", Zhou Shi will not listen to it all, nor will he not listen to it, in the final analysis, the mastermind is the mastermind, and the monarch is the one who makes the idea. No matter how smart Zhuge Liang is, Liu Bei will not really obey his words. And it still takes time and test to really let Wei He get in touch with the core of Zhou Shi. What he wants to do is to make his enterprise one of the components of the system of social operation, and make his enterprise risk become a systemic risk of this society, similar to what everyone often says is too big to fail. Cloud computing plays a similar role, and if one day, decades from now, any cloud computing company is going bankrupt, the impact will probably be no less than that of a bank failure. If a giant like Amazon were to go out of business, there was no precedent like that in the world, and it would be difficult to say what the impact would be.

In addition to cloud computing, the role of Internet finance is even greater, and even after a few decades, there will be no bank outlets to provide private business, because there is no need for that. It is not difficult to predict what kind of changes this will bring to banks, the role of online banking will be highlighted, and offline outlets and layouts will no longer be an obstacle to the development of small and medium-sized banks. The competition between banks will not be about scale, but about efficiency.

Initially formed his own staff team, Zhou Shi finally made it much easier. Companies like Anwago (Broadcom, which wants to acquire Qualcomm in the future), Micron Technology, and ARM that are not within the scope of his plan do not need him to ask. For example, Micron, the market in the memory industry has stabilized, and everyone is much more rational, so price increases have become a trend. With the expansion of market share, Micron, which has a stable position, naturally wants to be listed, and several private equity companies trapped in it also want to untie the set, and Zhou Shi also wants to partially cash out......

As for Anwargao, in order for it to continue its legend in the future, Zhou Shi's stake in it must be reduced, so as not to bring unexpected trouble to Anwargao due to his Chinese status. In addition, if a company like Avago can expand as it did in the previous life, it will have several major benefits, firstly, to find a relatively safe way out for the private equity funds of Galaxy Capital and Sixiang Fund, and secondly, after the acquisition of Avago, it will be integrated, and Spreadtrum can take this opportunity to acquire some properties that are beneficial to itself but are usually difficult to acquire directly. This was the case with Silver Lake Capital and KKR in the previous life, and Anwargo swallowed Elephant's $37 billion acquisition of Broadcom a few years later, which was acquired by borrowing more than $17 billion in debt. Among them, for financial institutions such as private equity, lending money to New Broadcom is a good opportunity to make money.

Also cashing out is Milbank Securities, the world's largest securities company. Since its listing, there has been a lot less cooperation with Galaxy Capital, which is expected. After Peng Guoyu and other teams of the Vermilion Bird Fund were disbanded, half of them went to Meibang Securities, and the others were either poached by other institutions or started their own businesses. Because of this, Lu He, Peng Guoyu's master and apprentice and Galaxy Capital gradually drifted apart.

At the beginning, Goldman Sachs, Citigroup and other institutions separated Zhou Shi and Lu He (did not write this process), Zhou Shi in order to avoid greater losses, and in order to make some strategic adjustments, the company's financial focus on China and Southeast Asia, only after a series of communications, agreed to make Meibang Securities independent, and gave a series of preferential conditions to Lu He, by the way to clean up some hidden dangers.

The biggest use of Meibang Securities to Zhou Shi is its connections and financial big data, rather than its potential and profitability. Financial big data, cloud computing is contractually constrained, there is no need to be afraid in the short term, as for the network now that it is no longer needed, leaving the market may not be a bad choice.

It is good to have the assistance of the staff group, which can straighten out the relationship between its various companies and facilitate Zhou Shi's decision-making. It is the right time to accumulate thick and thin hair, and compete with the world's heroes!

(End of chapter)