Chapter 684: Spinning Off Yahoo (Part II)

Forbes Global Rich Edition was released, Zhou Shi's net worth of less than $25 billion ranked fifteenth in the world, and Li Bancheng ranked ninth in the world. In fact, if his family fund is counted, its ranking can rise to surpass Li Bancheng, but that doesn't mean anything in his opinion.

On the second day of the announcement, Yahoo's stock price soared by 10 percent, and the company's market value exceeded 29 billion, and on the third day, Yahoo's stock price continued to rise, and Zhou Shi announced the end of the plan to increase his holdings, and his holdings of Yahoo shares reached 40 percent.

As the company's management and controlling major, Zhou Shi's increase in holdings is a sign that he is extremely optimistic about Yahoo's future. At the same time, in-depth interpretations of Yahoo's organizational restructuring began to appear in the mainstream media, and there were more optimistic voices.

"Yelp isn't a group buying company, it's not an OTA company, it's a service company. This is what Yahoo has emphasized many times, "All our efforts are to optimize the allocation of resources through the Internet, meet everyone's basic life needs, and provide better services for everyone." ”

"Although Yelp's group buying development has encountered difficulties, group buying is originally a key to open life services, and the market for group buying may be limited, but they attract traffic through some high-frequency life services, and then divert traffic for low-frequency and high-profit services, which is right. Someone analyzes it like this

"Yelp has opened the function of buying movie tickets online, consumers can choose seats online, this service itself is not profitable or even loss-making, but by buying movie tickets, people have noticed services such as group buying and hotel reservations, and naturally some people will buy them, and Yelp will expand its own customer base. ”

"Deep learning and artificial intelligence are undoubtedly the way of the future, which can also be seen from Google's investment, but for Yahoo AI is a lifesaver, for Google this is just a supplement. The two don't take the same amount of attention, but it's telling that they are involved in this field almost at the same time. "Author of a science and technology column

"Deep learning combined with search engines is a genius idea, and if it can be realized, Yahoo has the potential to make a huge impact on Google in the search space. We want to be more tolerant of Yahoo~~"

"Yahoo's continued investment in cybersecurity and internet infrastructure despite such a difficult situation is in itself a testament to the fact that they are a forward-thinking company. ”

"Yahoo's products have greatly improved the user experience, Yahoo Messenger has continued to climb in the three major mobile app stores, and it is almost surpassing WhatsApp, Yahoo News has also jumped to the forefront of the news reading section, and Flickr has regained its appeal to me. There is no doubt that Yahoo's mobile transformation has been a success. ”

"LinkedIn is an undervalued business, with more than 150 million users worldwide, which is nowhere near as good as Facebook & Friendster, but the value of a single user is much greater than that of F&F. They are the kings of the workplace social field and low-key Internet headhunters. ”

"The future world is the world of data, Yahoo's adjustment is in line with the development trend of the world, taking data as the starting point, which means that they will pursue the concept of product is king, and only a huge number of users will have huge data. Yahoo's products will not be centered on commercial interests because the way they monetize has changed."

More and more voices appeared on the Internet and major media platforms before and after Zhou Shi's increase, and at this time, Karl Icahn also announced his holdings.

"Yahoo is grossly undervalued, and Yahoo's current organizational structure isn't working very well. The existence of the same company as Yahoo and Yelp has even created a constraint. I believe that the appropriate changes are good for Yahoo, and I will push for the separation of Yahoo and Yelp!" The Wolf of Wall Street shocked the world as soon as he made a move.

Although it is not known whether Karl Icahn is a neuropathy, according to Karl Icahn's past performance, Yahoo's stock price also rushed to a market value of $30 billion again at this time. This guy is not a good person, he launched a proxy battle at Yahoo in '08, and the previous CEO, Carol Butz, was recommended by him. However, although his original selection was not suitable for Yahoo, how could he be much better than Marissa Mayer, it is not a question of ability, but a matter of integrity. Many of Mayer's actions at Yahoo in her previous life are not normal, including giving her friends at Google high-paying positions in key positions, so most of the collapse of a company starts from within, and Sister Mei, if not the culprit of Yahoo's collapse, has not had any good effect. Of course, it is difficult for Sister Mei under Zhou Shi to harm Yahoo.

Not to mention the grudge between Carl Icahn and Yahoo, Zhou Shi has already occupied a dominant position anyway, and if he is unwilling, Carl Icahn can't do anything.

At this time, Facebook was about to go public, and it didn't have much to do with him, but unfortunately he made an offer to Time at this time, wanting to buy Instagram and members of this project team.

"What do you think?" Zhou Shi asked Pichai

The development of Time is actually similar to Yahoo, and the most well-known of Time is the two open source projects of Time Android and Chrome browser. Then there is Time Cloud and WhatsApp and WeChat, which operate in the East and West respectively. After Ng reached Yahoo, Time Holdings made another adjustment. It is divided into Android Division, which has Felix voice assistant, map, UC browser, cloud storage, weather calendar, etc.; Cloud Computing Division, which has public cloud and NetSuite; Big Data and Mobile Internet Division, which has Chrome browser, Time Music, WhatsApp, WeChat and Instagram, etc.; followed by Time Financial Services has payment tools similar to PayPal (including mobile payment), Square offline payment, payment services for other companies, and an Internet wealth management platform similar to Ping An Lufax that is in preparationFinally, there is the cash cow company of time, time games, in addition to the three major profit sources of penguins, DNF, CF and LOL, there are also a series of well-known mobile games, stand-alone such as Plants vs. Zombies, Angry Birds, cutting watermelon, cutting rope, farm, escape, etc., as well as through F&F and other platforms to promote and expand the game platform that keeps pace with Steam and has a faint surpass.

Time Holdings has not accepted any external financing, so it can be seen from the above that time is now in addition to time games have been profitable, Android has begun to break even, and other cloud computing, big data and financial services are in serious losses. In addition to the two major funds of Galaxy Sixiang that support the development of time, it is also a one-time income obtained by the equity of each company. Lu Qi, who knew a little about time, naturally knew that there was a possibility of a successful acquisition. In the previous life, Facebook had a market value of more than $100 billion and was supported by Instagram, how could Zhou Shi be willing to let it go?

(End of chapter)