With the birth of the little one, Feng Yiping's exchange career in the United States is also coming to an end.

Although it is now one less class in the last class, Feng Yiping is not very active in this class, although this class on corporate mergers and acquisitions taught by Professor Black is also very helpful to him.

The content of each lecture on Professor Blake's topic is very solid, mainly because when the Internet bubble was booming a few years ago, those big companies with too much money to spend money on the same game provided Professor Blake with too many examples.

For example, in 2000, AOL and Time Warner merged, and the two companies were worth $350 billion!

You must know that more than ten years later, when Apple's market value was at its highest, it was about $500 billion.

In April this year, they announced their financial reports, which set the largest loss in a single quarter in the history of the United States, and it is estimated that in the history of the world, the company lost $54.2 billion in a single quarter, and the debt was as high as $28 billion.

Comparing these numbers, Feng Yiping suddenly felt that he was so poor, so poor and so poor!

The stock price has fallen from nearly $100 two years ago to less than $10 today, and Feng Yiping hated that he didn't pay attention to these things, so he missed such a good opportunity to short.

Professor Blake talked a lot about the reasons for this situation after the merger, and everyone also expressed a lot of opinions, such as the conflict between the management and the failure ...... of the integration of the company's culture.

But Feng Yiping believes that these two companies. It can only be said that the timing of the merger coincided with the bursting of the Internet bubble, and then 911, and the terrorist attack was also a big blow to their stock price.

But. Such a view is naturally difficult to express.

First, doesn't it just confirm the foreigner's view of China's backwardness and ignorance?

Yahoo was also very willful during this period, and in 99 years alone, it acquired Geoail for $5.7 billion and $3.56 billion, although Hotil is now operating mediocre. In the end, it also disappeared from Microsoft's product line, but on the whole, after all, it has been in operation for more than ten years, and in this comparison, it is not too much money. This merger and acquisition can almost be said to be successful.

It seems that as a legal person, the character of a company also seems to determine their fate.

For example, although it also missed the mobile Internet, Yahoo plummeted, and Microsoft was able to support Gates to become the richest man almost every year.

What determines the character of a company like Jiasheng? Mainly the character of Feng Yiping, a single major shareholder, these cases can be regarded as a wake-up call for Feng Yiping, if you want to realize your wishes, if you want to build a century-old company, you can't rely on your own foresight to make the company's character impatient and impulsive.

In addition, Feng Yiping is also a little really sorry for the father of WeChat, he developed foxil, sold in 2000, only sold for 12 million yuan, two years ago, hotil's price, is 200 times its price.

You say, if Mr. Zhang also sold his software for hundreds of millions of dollars, would he have had the motivation to develop WeChat later?

The last case is that Jill Amelio, the former CEO of Apple, spent $429 million to buy Next, which was founded by Jobs, and then, he was sadly driven out of Apple mercilessly by Jobs, who he spent a lot of money to bring back.

During the discussion, Hahn asked Feng Yiping with a smile, "Feng, what is your opinion on this case?"

This guy is not kind, he knows the relationship between Feng Yiping and Jobs, he is digging a pit!

"I think Amelio did the right thing, Apple can slowly come out of the trough, thanks to his merger," Jobs should be satisfied when he heard it!

"I think Jobs did the right thing, when it comes to corporate interests, you shouldn't care about some personal interests," said Jenner, the only woman in the group.

is worthy of being an intern in the White House, and someone who has personally experienced Uncle Sam's style of acting is really a bit ruthless.

Professor Black walked over with a smile, "Feng, are you interested in formally applying to our college? If you have this idea, I think I can provide some support,"

The professors of the school, who have more information sources than the students, know Feng Yiping's actions after arriving in Silicon Valley, and now no professor dares to underestimate this young Chinese exchange student.

"Thank you, Professor Blake, I have gained a lot from this year's study, and I am very willing to continue my studies here, however, you also know that I have a lot of things to do in China, so I still need to think carefully,"

Feng Yiping's words were not polite.

Stanford Graduate School of Business, both in terms of faculty and curriculum, is stronger than the current Tsinghua School of Economics and Management, and the teaching methods are also very different.

If you don't talk about anything else, let's just talk about some courses, Tsinghua University is definitely not as fast as Stanford.

The cases that the SEM will analyze may still be ten years ago, and for one reason or another, some classic cases may not be mentioned.

The Stanford case will not exceed five years at most, and there are no taboos when choosing, so naturally the latter is more helpful and inspiring for students.

"Well, if you think about it, I'm actually looking forward to what initiatives and results would you have if you stayed in school for another year?" Professor Black said with a smile.

If you stay for another year, you will naturally have something to do, such as having done so much preparatory work, and the Tesla that will be founded next year will definitely be indispensable for his participation.

It seemed to be an appointment, and after class in the afternoon, Provost Levitt came to Feng Yiping again, "Feng, the academic year is coming to an end, are you interested in transferring to the academy to study?"

Why are they so enthusiastic, do you want to make me proud?

In fact, famous schools and well-known graduates also have each other's backgrounds, for example, the average Stanford student will say that his alma mater is Stanford, and Stanford will also inadvertently say, what, HP, Google, or something, their founders are all cultivated by us.

What Feng Yiping did in his year at Stanford, as well as what he did before, let these professors and administrative officials know that this thing will not be an obscure guy in the future, at least in the business world, and it is worth making some efforts to win it over.

"Thank you and the college for your kindness, Professor Black also said this question, I personally would like to, but I have to consider other factors comprehensively, can you give me some time,"

"No problem, one more thing, I would say, if you decide to stay, then you're good enough to qualify for our scholarship," Levitt said.

He knew that Feng Yiping would definitely not care about this money, and he was afraid that he would not apply, but this was enough to express the sincerity of him and the academy.

So, whether to go back or stay, this is a question. (To be continued.) )