Chapter 336: Penguin takes a stake in Twitter China

Baidu's matter is difficult to solve, Robin Lee is deep-rooted, and the purpose of capitalists is to make money, only Zhou Shi is different, he has capital squandering. Even if he wants to fight Robin for control of Baidu now, he is not sure of winning. Wall Street may seem to be able to take and offer small businesses, but when a company puts up a hard shield, there is often no way to force it to buy. Hostile takeovers, which were popular in the last century, are rarely seen today, because entrepreneurs control their own enterprises and have many counter-measures, so that hostile takeovers are often more costly, and the gains often outweigh the losses. Baidu is not a small company anymore, with a market value of nearly $10 billion, and Galaxy Capital, which has scattered resources, does not have that strength.

Zhou Shi couldn't guess why Yin Yue said that he thought of the friend network, and now Su Yunan's position is obviously impossible to be below her, and there may be opportunities in the future. But former and present friends, and now superiors and subordinates, don't they feel embarrassed?

Shortly after 360 released the Buckle Bodyguard, Penguin announced that they had invested in Twitter China, becoming the second largest shareholder after the founder, with 18.8 percent of the shares. Only then did Zhou Shi remember that Twitter China was not his.

"Mr. Zhou, this is the consequence of your connivance against the bones, see if you dare to be so tolerant in the future!"

"What's the matter, who is the anti-bone boy?" asked Lei Jun

"It's not that Twitter China's Wang Xin!" Su Yunan

"What's going on!"

"Hmph, you ask him, I'm too lazy to say, disgusting!" Su Yunan pointed at Youwei

"Here's the thing, when Mr. Zhou had YouTube, he had been developing overseas for a long time, and the affairs of the friend network were basically handed over to Wang Xin to deal with, at that time, Sequoia Capital wanted to invest in the friend network, Mr. Zhou felt that the timing was not good, and he didn't agree, Wang Xin and Sequoia may have hooked up like this, deceived the superiors and subordinates, excluded dissidents, and set up Mr. Zhou's ......" With Yu Wei's explanation, Zhou Shi has more memories of what happened at the beginning, hey, Wang Xin's talent is undeniable, although the technical strength may not be very strong, but the learning ability is very good, as a rich second generation, it is really not easy to rely on the family to develop until now. Zhou Shi also thought clearly, he suddenly made a fortune from a poor and a white man at that time, Wang Xin's own conditions were much better than Zhou Shi, but he achieved nothing, and it was understandable that he had various ideas in his heart. And Zhou Shi didn't have much confidence in the competition between Friends and Penguin, let alone Facebook. However, Wang Xin led the friend network to open up this market, for example, Wang Xin earned 1 million from scratch, and Zhou Shi earned 100 million from 100 after taking over, and then gave it to Lei Jun and others, hoping that they would earn from 100 million to 1 billion billion. In any case, the first pot of gold is the most difficult.

"Mr. Zhou is really ......," Lei Jun didn't know what to say when he heard it.

"You're thinking about it from my point of view, but if you think about him, you won't be so angry. I just paid attention and gave funds, and he was working on the rest of the development of the friend network alone, including the entire entrepreneurial team, and he was in charge. He has no days and nights, almost no vacation, most of the time he stays in the company, Friends Network can stand firm in the market, he is indispensable, and I have long accepted the shares of his company, and he was invited as a partner, Friends Network had his share at that time. Therefore, I think that the dispute between the two shareholders of this company is not a simple superior-subordinate relationship between me and him. "Zhou Shi

"It's really incorrigible that you're still talking for him!" Su Yunan

"Although he left the company, he didn't do anything to be sorry for us!"

"That's a contract!" Yuvi whispered

"Can you still talk well!" Zhou Shi

"Originally, he was in order to keep Twitter's shares, you see he didn't have Mr. Zhou's guidance, he originally gave him a maximum of 85 percent of the shares, and a minimum of 50 percent, but he only got 65 percent, and the continuous financing in the past few years is to dilute Mr. Zhou's shares, and finally reduced Mr. Zhou's shares to less than 18 percent this time" Su Yunan

"Mr. Zhou should really learn from Old Man Liu, his approach to Sun Hongbing is called Gao Ming!" Lei Jun heard this, and also felt that Zhou Shi had no means.

"It's okay, Wang Xin is not mature, and he needs more tempering to become a big tool" Zhou Shi explained, he has the memory of his previous life, and originally thought that Wang Xin was very disgusted with venture capital at this stage, and with the lesson of Sequoia, he may be more cautious, but he didn't expect Zhou Shi to let him go to the opposite side, and he was more proficient in venture capital.

"But you yourself said that the biggest competition with us is not only Baidu, but also Twitter! "Su Yunan

"It seems to be true, what can you do?" Zhou Shi

"Why don't we set up a Twitter and Twitter China competition?" said Su Yunan

"Twitter China has Twitter's brand license, and Twitter also holds some shares, and it's hard to separate them. Zhou Shi explained

"Then what do you say we should do? I'm talking about a company similar to Twitter!" Su Yunan

"Twitter and Friends have a lot of repetitive features, and we don't have to compete with ourselves. "Lei Jun

"Is it just watching Twitter China grow and develop? When the time comes, we will cooperate with Tengxun Penguins and suppress the network of friends?" Su Yunan

"Let's think about it! Or you can come up with a concrete plan, and we'll come to the meeting and discuss it. "Zhou Shi is getting lazier and lazier, no, it should be for everyone to have more opportunities to perform.

This time, the 3Q war is not the same as the previous life, the market dominance of the penguin is not obvious, at least the instant messaging tool MM bound to the friend network has more than 100 million users, and the daily active users have also got three ~ a quarter of QQ. Zhou Hongyi and others don't want the friends network to dominate, so even if the companies on both sides have enmity, Zhou's crackdown is not so strong. It wasn't until a few months later that Penguin Butler was launched, with an interface and features that greatly mimicked 360, while learning 360 and giving away a free genuine Norton antivirus for half a year, which exacerbated the conflict between the two sides. It's just the hors d'oeuvres for both sides.

"Mr. Zhou, I'm sorry, I can't come to Friends' Network!" Yin Yue suddenly called

"Why?" Zhou Shi was puzzled

"After Robin Lee knew that I was going to come to Friend, I didn't know what to think, and I insisted that Time Friend was in the non-compete clause, and I resigned but couldn't come to the company!" Yin Yue

"Why is he so pitiful, even if he doesn't agree, why don't you say it in advance!" Zhou Shi was furious

"He may have wanted me to leave a long time ago!" Yin Yue

"I'll ask him, why?" Zhou Shi

"Forget it, Mr. Zhou, this matter is obvious, everyone will have to deal with each other in the future! No need, just be careful!" Yin Yue

"Hey~~~" Zhou Shi felt tired for no reason

(End of chapter)