Chapter 145: Tencent and NetEase
Chapter 145 Tencent and NetEase
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The conversation between the two on an equal footing eased the originally tense atmosphere in the room.
Under the leadership of Zhang Lei, everyone served tea and poured water, and the atmosphere became a little more harmonious, and there was a feeling of chatting with friends. However, Ma Huateng and the others flew thousands of miles to London not to chat. And Guo Shouyun also knows that time is precious. So after a brief chat, everyone consciously got to the point.
"I brought the three of you here this time, mainly to talk to you about the development direction of Tencent and NetEase in the next ten years, as well as the equity structure and management methods of the two companies!" Guo Shouyun said solemnly.
Ma Huateng, Zhang Zhidong and Ding Lei were shocked, and after glancing at each other, their attention instantly focused. They came to London to meet Guo Shouyun this time to clarify this issue.
"Let's talk about the shareholding structure first! Originally, the plan that Hanhua talked to you about with the management holding 10% of the shares, I agreed. As for the remaining 90 percent, I am going to take another 41 percent of them to set up the Tencent Employee Stock Ownership Foundation and the NetEase Employee Stock Ownership Foundation, with the senior management of the two companies serving as the management of the foundation!"
Guo Shouyun's short but calm words shocked not only Ma Huateng, but even Zhang Lei and Li Yu on the side. If everything goes according to what he said, it means that although Guo Shouyun spent money to buy Tencent and NetEase, he once again ceded the company's decision-making power and control.
Employee stock ownership foundations, which are managed by the company's top management, have nominal equity but hold the voting rights represented by equity. Coupled with their own 10%, 51% of the voting rights absolutely crushed Guo Shouyun's 49%!
"Boss, are you serious?" Zhang Lei couldn't help but ask.
The nervous eyes of Ma Huateng and the others also looked at him. Looking at the nervousness and fiery flickering in their eyes, they obviously paid attention to Guo Shouyun's next words to the extreme.
"Hmm!"
Guo Shouyun nodded with a serious expression.
"But... Why?"
This is also what everyone is curious about. After all, pushing out the benefits that have already been eaten in the mouth is all too rare in the business world where intrigue and greed are rampant.
"There are three main reasons: First, if a company wants to go long-term, it must have a stable and purposeful leadership. Ma Huateng and Ding Lei are the most suitable and talented leaders. I believe in their leadership and business brilliance for the business. ”
"Secondly, although it is now the information age. But after all, China and the United States are separated by a Pacific Ocean, and their understanding and sensitivity to the market and user habits are far less than those of you who are in it. In order to avoid making wrong instructions without being aware of the situation, the two companies missed the opportunity for development. I think it's better to leave the real decision-making power of the company to you. ”
"Finally, and most importantly, the political risk. I believe that Huaxia will replace the current United States and return to its place in history. Tencent and NetEase are bound to be decisive star enterprises in the future Chinese business community. On the other hand, I am Chinese, but I am an American. At a time when friction arises in Sino-US relations, people like me holding a controlling stake in Tencent and NetEase will only bring policy risks to the two companies! Especially in a society like China, where political and business relations are sensitive, this risk will be further magnified, and it will even become a weapon for conspirators to attack Tencent and NetEase. ”
After a pause, Guo Shouyun took a breath, "The above three points are the real reasons why I made the decision to give up the controlling stake in the two companies and set up this equity structure." If you want to explain it like this, you all understand it!"
Not only did they understand it, but Guo Shouyun's words revealed his long-term planning and layout of Tencent and NetEase, as well as his understanding of China's political and business relations and national conditions, as well as his confidence in China's future economy, made them feel extremely shocked.
If this remark spreads, and Guo Shouyun's identity is high enough, it will definitely cause heated discussions around the world.
"What a shocking statement. Mr. Guo, do you really think that China's economy can surpass that of the United States?" After a while, Li Yu, who calmed down, couldn't help but say.
Although China's economy is developing at a rapid pace, few people think that it can surpass the United States of America, which has been sitting in the position of world hegemon for nearly a century! Especially Li Yu, a person who has been in China and the United States for many years and has a deep understanding of the gap between the two countries.
"Of course. Guo Shouyun nodded without hesitation, "Just look at the current economic development speed of Huaxia." It is only a matter of time before the United States is surpassed. ”
What history has proven, Guo Shouyun now has no pressure to say.
"But now many Western economists and commentators are arguing that China's export-oriented economy will not last long, and that it may collapse in two or three years like Japan and South Korea did before!" Li Yu continued with suspicion in his tone.
She has limited interest in the shareholding structures of Tencent and NetEase, which are not part of her management. On the contrary, Guo Shouyun's macro views on the economy can arouse her curiosity even more.
"A person who wasn't good at the beginning suddenly becomes good always comes with doubts and misunderstandings. However, history will prove that 'gold shines sooner or later'. It is not unreasonable that China has been glorious for 5,000 years and that civilization is endless!" After finishing with emotion, Guo Shouyun shook his head disdainfully, "In addition, if economists and commentators are always right, then there will be no economic crises again and again in the world." Facts have proved that more than 80 percent of the so-called economists are just a bunch of mediocre and liars who have won the eyeballs!"
"It seems that Mr. Guo has more confidence in the future of China's economy than we do!" After skimming over the latter sentence of his, Li Yu smiled.
"Of course! Although I am now of Chinese descent, I am also very concerned about the future of the motherland! After all, the bloodline is constantly separated!" After a pause, "Okay, let's get down to business." With regard to Tencent and NetEase, after the establishment of the ESOP Foundation, the two companies will not be listed again! This is also a prerequisite for the establishment of the ESOP Foundation. ”
Guo Shouyun can give up the management of the company to Ma Huateng, after all, he also wants these top business elites to bring the company to glory. But he does not want another capital to come in to replace his position as a major shareholder in Tencent and NetEase.
After the three of them looked at each other, Ding Lei said, "What if the management or employees want to sell their shares?"
"The sale of equity by management will be acquired by the Employee Stock Ownership Fund after being evaluated by a professional appraisal agency. As for employee equity, there is no question of it being sold. Because the employee's reward equity only has the right to earnings, no voting rights and ownership, once the employee resigns, the equity will be automatically withdrawn by the foundation! You can start by giving employees a grade. Employees who have just joined the company are level 1, and after two years of work, there is no bad performance level 2, and then they can be divided into level 3, level 4, or even higher according to their position and contribution. As for the specific grading criteria and reward and punishment conditions, you will discuss them internally after you go back, and then report the results to me. ”
Guo Shouyun said that these are the common management methods of high-tech companies in later generations. But now it's a management skill that is unheard of.
After he finished speaking, including Li Yu and Zhang Lei, there was a look of surprise and respect in their eyes. As for Ding Lei, let alone the three of them.
"That's the case with regard to the future equity structure of Tencent and NetEase. Do you have any other comments?"
"If it is not listed, then the way to raise funds...?" Zhang Zhidong hesitated.
Before being acquired by Guo Shouyun, they were tormented by the problem of insufficient funds, and the company almost collapsed, and it is still fresh in their memories!
"I can raise money through the issuance of bonds, and I will also invest in the company without shaking the current shareholding structure. Also, I believe that in the future, neither NetEase nor Tencent will have the problem of insufficient funds as before!"
Looking at Guo Shouyun's confident appearance, the three of them showed curious and inquiring expressions on their faces.
"Matthew!"
After glancing at them, Guo Shouyun greeted him. Matthew, who was standing next to him, immediately picked up the information that Guo Shouyun had explained and distributed it to everyone present. Even Li Yu and Zhang Lei were not left behind.
"I've studied the existing business models of Tencent and NetEase in detail, and found that although you are facing the same problem of capital shortage, it is difficult to solve it in the same way. For example, Tencent's problem is how to monetize traffic. NetEase's problem is the lack of more profitable content. I have prepared different solutions for you to solve your different problems. ”
"Tencent's solution is 'wireless value-added services', while NetEase's solution is 'online games'!
Looking at the people who nodded and read the information carefully, Guo Shouyun actually hoped that Tencent would make games, and NetEase would do wireless value-added services. But Ding Lei did not have Comrade Lao Ma's strong connections in the communication system. With the experience of his previous life, Guo Shouyun understands the importance of relationships and connections in the business field. In order to reverse the financial predicament of Tencent and NetEase as soon as possible, he adjusted the business models of both after careful consideration.
Of course, in the last life, NetEase and Tencent both made efforts in the field of online games and wireless value-added services at the same time, which is a natural competitive relationship. But now it is different, they are all their own companies, and naturally they must avoid internal consumption of resources.
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