Chapter 537: I Want to Go to Mars

The restructuring of the New Globe Group is relatively large, and I am afraid that it will not be completed until January 2003.

Now that Barry Diller is in charge, he needs to overhaul and group the group's management structure in more detail.

Among them, the most important measure is the implementation of the committee system!

The committee system means that when making major decisions, the members of the committee meet together to make decisions, check and fill gaps, and reduce risks.

This is the system created by Barry Diller when he was at the helm of Paramount, and it has received amazing results.

Brings Paramount back to life in one fell swoop.

Under the leadership of Michael Eisner, why has Disney been able to train so many top world-class managers? Even the CEO of eBay and the CEO of Hilton Hotels were all under Michael Eisner.

It is because Michael Eisner used to be the younger brother of Barry Diller, and his management philosophy was learned from Barry Diller.

In other words, Disney now implements a committee system!

For example, the management committee, the remuneration committee, the project committee, the creative committee, the dubbing committee, and so on.

This kind of committee system has obvious shortcomings: the organization is bloated and inefficient, the executives have to be busy with meetings every day, the workload is increased, and the administrative level is prone to confusion.

However, there are many advantages: it can brainstorm ideas, which is conducive to cultivating talents, it can reduce risks, effectively control costs, and it can better coordinate the relationship between various departments, which is easy to manage.

Barry Diller briefly told Donn, and he approved it directly.

The committee system will be implemented immediately!

For creative enterprises, this committee system is too important.

For example, the technical committee -

Pixar Studios and Slywood Studios both have software technology and belong to the film and television entertainment department, Dolby Laboratories and imax have hardware technology, Blizzard and Netflix also have software technology and belong to the interactive entertainment department, and STA TV Network and USA TV Network also have related technical support.

How to effectively integrate these technologies is very difficult.

However, by selecting some people from these companies, setting up a technical committee, and discussing together in the technical coordination, the problem can be solved perfectly.

In other words, replace the CTO with a technical committee.

After all, it is difficult for a single technical function to take all of the technologies under the New Globe Group, including computer software, audio channel frequency, TV channels, IMAX and many other aspects.

This kind of technical committee for brainstorming is necessary.

Another example is the Creative Committee.

There are too many creative departments under New Universal, not only film and television, but also comics, music, studio design, game design, publishing design, etc., all of which need creativity. Through a creative committee, the creative talents of various departments can be concentrated, and cross-departmental coordination and cooperation can be solved.

One of the first policies that Barry Diller pursued when he took office was the committee system, and Donn had no reason to refuse.

Barry Diller also took a bold step and launched eight committees in one go: the Management Committee, the Strategy Committee, the Creative Committee, the Remuneration Committee, the Investment Committee, the Technology Committee, the Film Projects Committee, and the Audit Committee.

Jack Welch, as a shareholder of New Universal, became Chairman of the Board of Management. This position is mainly for the advice and supervision of the management's management methods, and it is enough to fish for three days and dry the nets for two days, without affecting his retirement life.

Barry Diller, who is also the chair of the Creative Committee, has already spoken internally about making New Globe the most innovative company in the world!

……

With the arrival of Barry Diller and Jeff Zucker, Don's work pressure has eased.

He was both relaxed and guilty.

Relaxedly, he doesn't have to worry about everything, he can push more work to them, and even he has already stated that in addition to TV series and movies with an investment of more than 100 million US dollars, which require his approval, he will not participate in other film and television projects. As for the management of interactive entertainment, television media and other departments, he will not be involved.

Guiltily, Barry Diller and Jeff Zucker's work attitudes are too far behind Donn.

Barry Diller never goes to work later than 7 a.m. every day. What's even more terrifying is that Don can often receive his work emails at one o'clock in the morning.

Jeff Zucker is similar, when he worked at NBC, he was a famous workaholic, sleeping for more than 4 hours a day, and he also had meetings with his subordinates during meals. It's hard to imagine that this is a cancer patient.

Fortunately, his assistant Tosca Musk said to him: "It's better, your work is easier, and they are happy that you have given up power." ”

When Don heard this, he was very happy.

Tosca Musk said again: "By the way, my brother has something to look for you. ”

"Elon Musk?

"It seems to be a company business. ”

Don nodded, he is the majority shareholder of PayPal with a 55% stake. He has never been involved in the management of the company, and now that Elon Musk is looking for him, something big must have happened.

"Could it be that he wants PayPal to go public?"

Tang En couldn't help but have such a thought in his mind.

In the previous life, PayPal went public in May this year.

However, in this life, PayPal has not gone public because of Donn's investment, and he supports the young Elon Musk to manage the company, which is fully funded.

At present, PayPal is already the world's largest online payment platform, and it has long generated profits.

Donn made a call to Elon Musk and asked what the hell was going on.

As a result, he got a shocking answer - Elon Musk wants to sell PayPal!

Don didn't hesitate at the moment, called his assistant Tosca and secretary Ella, and flew straight to Silicon Valley on the same day.

……

"What? You said eBay was going to buy PayPal?" Don sat in Elon Musk's office, his face odd.

Elon Musk said: "That's right, Ms. Whitman is very sincere, and he offered a price that I simply can't refuse." ”

The Ms. Whitman in his mouth is the current CEO of eBay.com, Meg Whitman, the senior vice president of Disney back then, and left in a bad mood after failing to compete for the position of president.

Don glanced at him, "How much?"

"The price she offered reached $1.2 billion!" Elon Musk's eyes were bright and bright, "You know, our annual profit will not exceed $20 million, which is already sky-high." ”

Based on the current M&A price of a company in the U.S. market, on average, it is 8.7 times the operating profit of the acquired company for the year.

In other words, normally speaking, the price of 170 million US dollars is enough.

The offer of $1.2 billion is indeed full of sincerity!

Before Don could speak, Tosca Musk frowned and said: "Brother, YPAL is an Internet company, and YPAL can generate profits during this time period, which means that this company has very broad future prospects!"

Elon Musk pondered, "$1.2 billion is just the first bid, and there is still a lot of room for negotiation." eBay is currently the world's largest e-commerce website, with branches in more than 40 countries around the world, and this combination of e-commerce and online payment is more in line with the long-term interests of both companies. ”

Don En smiled and shook his head again, "Elon, to be honest, are you short of money?" With my understanding of you, PayPal has finally become the world's largest online payment platform under your operation, and even began to make profits, but you, the founder, want to quit, which is puzzling. ”

Elon Musk was a little embarrassed and embarrassed.

Tosca Musk raised his eyebrows, his face was very strange, "Brother, you don't really want to realize your dream, do you?"

"Huh?" Don was drinking coffee when he paused, "Dreams?"

Tosca Musk hesitated, and when he saw that his brother didn't react, he bluntly said, "He wants to die on Mars!"

"Poof!"

Donn squirted.

Elon Musk's old face turned red, "I believe I can do it! In June, I signed up for SpaceX, and I started the first step to Mars!"

Tosca Musk was speechless in shock.

Tang En was also slightly stunned, and after a while, he swallowed his saliva, "Elon, you mean...... Do you want to put more of your experience into SpaceX than PayPal?"

Elon Musk nodded without hesitation, "That's right, I'm going to Mars!"

Tosca Musk slapped his head and couldn't laugh or cry.

This brother, for as long as she can remember, has been fantasizing about his Martian dream, growing up, opening a company and making money, and really wants to put it into practice.

What a madman!

Unexpectedly, another madman appeared.

Tang En slapped his thigh and said excitedly: "Okay! Go to Mars, I support you!"

"Huh?"

Musk's brother and sister exclaimed in unison.

"Boss, you...... You're not, aren't you?" Tosca Musk was stunned.

Elon Musk was even more incredulous, "Donne, you...... Are you serious?"

Tang En squinted his eyes and said lightly: "There is a kind of person who is a madman in the eyes of others, but a genius in my eyes. In my opinion, only those who are crazy enough to think that they can change the world can really change the world! From this point ......" he said, pointing at Elon Musk and then at his chest, the corners of his mouth hooked, "We are the same kind!"

Elon Musk's face turned red with excitement, and tears were about to flow out.

There is a sense of fatalistic confidant.

Although he is in Silicon Valley, his "idea" of exploring space and landing on Mars has been subjected to countless cold eyes and ridicule, and SpaceX has been established for more than 3 months, and he has not received a penny of investment.

For the sake of his dream, he could only raise money by himself and invest by himself.

Unexpectedly, what Silicon Valley refused, Donn Walker from Hollywood, agreed with him in a high-profile manner!

What kind of social mission is this?

"Donn, so you agreed to sell PayPal to eBay?" Elon Musk was so excited that he was about to breathe.

"No!"

Don shook his finger, very resolute.

Elon Musk, almost vomited blood!

Big brother, play with me, right?

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