There are a lot of troubles in China, there are many problems that he is not used to but difficult to solve, and if he doesn't encounter them, he just cares, and he always wants to do something when he encounters them. However, he also knows how to be measured, and most of the time he just gives opinions and does not make decisions for the management. Where is the ceiling of an enterprise, often depends on the difficult choices they face, and he doesn't want to care about how Sunac chooses. Zhou Shi's original intention of investing in real estate enterprises was not to adapt the real estate industry, but to make money and open up the outflow channels of Sixiang Fund.

In the financial industry, some companies are short of money, and some companies are not investing channels, of course, this time it changes according to time. As a predator in the financial industry that is second to none in China, Sixiang Fund has a good reputation and can at least make money. Since the four trillion yuan, the domestic inflation is very strong, the capital is overflowing, the wealthy class who lack investment channels, a large part of the investment channel is invested in real estate that only rises and does not fall, and then the state restricts purchases, these funds are either trapped, or idle, the risk of the stock market is too great, so all kinds of private banks, trusts, private equity and other investment institutions for the rich have risen. With its excellent investment record and brilliant performance at home and abroad, Sixiang Fund is naturally favored by many people. Although it is impossible to provide excess returns like Xu Xiang, nor do similar activities with any institution, the steady and legitimate income can still attract many people.

Sixiang Fund's investment in real estate is a relatively safe way out for Zhou Shi to find for his funds. The history of previous lives has proven that these companies are very successful businesses, and it is relatively safe to lend them money, and the yield is good. Even if there is a suspicion of related party transactions now, when the market is good in the future, the stock price of the real estate company will explode, and Sixiang will empty the stock again, and then the long-term cooperative relationship has been established and the company has grown, even if there is no such business, it will not find a place to invest.

After finishing his domestic affairs, Zhou Shi finally flew back to the United States. Time is almost the same thing as taking a stake in Sony and Warner Music, although it doesn't have much to do with him, but Yahoo's thing has something to do with him, and before he left, he was planning to invest in Netflix and cooperate with Netflix for membership promotion activities. Netflix's membership has seen a big decline this year, and there seems to be no other way to recover this decline than to make yourself more attractive. There are many ways to increase your attractiveness, but in general it is to make yourself more valuable. For example, the self-made drama "House of Cards" that is being filmed, such as cooperating with YELP members.

Yelp membership includes online payment offers, member rates, member-only privileges, access to ongoing group deals without having to participate in group purchases, and more. Because YELP's services have been extended to hotels and B&Bs, the value is still very large, and it can also be said to be YELP's transformation, turning group buying into online life consumption. Yelp is also negotiating partnerships with credit card issuers to offer special offers to users who pay with certain brands of credit cards, and is even preparing to launch co-branded credit cards with banks like Citigroup Huamei. Of course, these are small amounts of money, and even if Yahoo's Stripe Pay can get a certain fee share as an acquirer, it is not much. The important thing is to change the spending habits of consumers through various offers.

Silicon Valley advocates doing things with a low head and focusing on one's own things, rather than looking at what competitors are doing, Zhou Shi can't do it, he thinks about how to trick people in China, and he won't become pure and good when he returns to the United States. The group buying industry has begun to lay off large employees, and many small and medium-sized group buying companies have gone bankrupt or started to transform. Yelp's competitor in the market is Google's Groupon, and Google, which has deep pockets, doesn't know what to think, but still invests heavily in Groupon. You must know that Google's most profitable thing is advertising, and now it has three big burdens, and its future development is not ideal. Google's video services are nothing but YouTube, and there is an old Motorola in terms of smartphones, I'm afraid it's hard to run wildly, and now it's investing heavily in local life, learning the development of yelp everywhere, even yelp wants to acquire Seamless, the largest food delivery company in the market, because of the news leak, Google used the financial advantage to cut off the beard, Yahoo had to transfer some of yelp's employees to develop on their own, and at the same time acquire another slightly smaller food delivery company, GrubHub, it's really hard to say。 Fortunately, Yahoo, which has been moving constantly, has been recognized by the capital market again, and its stock price has stabilized at more than $40 billion, with a continuous upward trend. In fact, part of the reason for the last Yahoo stock price turmoil was that Zhou Shi was behind the scenes in order to control Yahoo's board of directors, otherwise, it would be difficult for a short-selling institution to really affect Yahoo's stock price so much.

Yahoo also refinanced at this time, so that its debt ratio exceeded 50 percent, no way, if you want to develop, you have to have money, now is not a good time for equity financing, the best way is to borrow money, debt-to-equity can also be, anyway, the interest rate is so low now, Yahoo's bonds are not junk bonds, the actual interest is really not high, anyway, it is impossible to exceed 10%.

"Google is eyeing us?" Zhou Shi came back to talk to them about the acquisition of the food delivery company.

"Who called you the pioneer of this industry!" Chen Shouzong

"Am I still wrong?" Zhou Shi said with a smile

"Now a lot of people outside are talking about Simon's contribution to the Internet industry, talking about your web 2.0, video services and social networks a few years ago, saying that Google plagiarism is also no way, who makes you see the future too clearly!" Marissa Mayer

"This can't be true, right?" Zhou Shi

"The reality is so cruel!" Chen Shouzong

"Damn, there are still problems with excellence, they won't still fight for Google, right?" Zhou Shi

"Not really, not so shamelessly!" Mayer

Zhou Shi's development in the United States did not happen overnight, from the very beginning of the concept of web 2.0, and then there were friends, Facebook, and YouTube. With the improvement of Zhou Shi's status, he finally put the name of the father of web2.0 on Zhou Shi, which is not only to recognize Zhou Shi's ability, but also to excuse himself. I didn't expect to be excused enough to tolerate a big company like Google bullying a small company like Yahoo. Uh, well, Yahoo isn't a small company, it's just less than a fifth of Google's market capitalization.

"Then we should be careful in our future development plan, we can't easily leak it out! Find a time to pit Google!" "Zhou Shi, Made, Google shouldn't be so shameless to learn everything from Yahoo, so how can it compete? The double standard is too serious, but the business model is something that anyone can learn, and the competition still has to fight for operation in the end, and I don't know if Google has the gene to do life service e-commerce.

"Can we take the opportunity to promote Simon and show what we're capable of?" said Marissa Mayer

"It's completely possible!" Chen Shouzong, who doesn't know if he borrows his strength! As long as Zhou Shi doesn't object, there is a lot to talk about in his entrepreneurial legend.

"Simon can explain his thoughts more to the public, let everyone know what kind of person you are, make it easier for the public to accept your existence, and also let Yahoo be evaluated more objectively. "Marissa Mayer

"Good!" Zhou Shi didn't drag mud and water

(End of chapter)