Chapter 327 of the main text: Difficult persuasion

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"Well," Mayer muttered, "there might be a way for Schmidt to change the conditions of his recruitment, not to hire people with a pure business background, but to do sales with people who also studied computer science, but who were interested in business."

Feng Yiping suddenly became enlightened, yes, isn't this the best of both worlds?

"Thanks, I've got to do their job right away, good night!"

"Wait," Mayer looked at the time, "what good night is there at this time? Good morning, disturbing a young lady's sleep in the middle of the night, you say, how to compensate me?"

"I'll mention it next time we meet," Feng Yiping hung up the phone again. ◇↓◇↓ point ◇↓ small ◇↓ said,

"Wait, we're all worried about you, you must be safe over there,"

"Thank you, bye!"

Feng Yiping didn't want to laugh at her, who did that "we" include, hung up the phone in a hurry, he thought for a while, organized the language, and then called Page, he, like Jobs, was not a person who could listen to opinions lightly.

Page really didn't sleep, "Feng,"

"Paige, don't worry, no matter what, I will definitely support your choice, as long as it is a matter of the board of directors, I will stand on your side unconditionally,"

"Thanks, I knew we had the same goal," Page was happy, but also a little tired, "I wish I could have known you sooner, for example, in '99,"

In '99, you definitely didn't look down on me.

I could have come up with $25 million, but I couldn't provide any other support from Sequoia and KPB.

"There's a view, which you don't necessarily agree with, but I think Schmidt and our goal. It's also the same, Paige, sometimes, we should also think about him, after all, he has to directly bear the pressure of those two VCs,"

Paige didn't speak.

Proud as he is. How can one accept what Schmidt did?

It's just that, as an EO, of course, he will control the company's finances, which has limited a lot of Schmidt's power as an EO.

Is it possible to set up a budget and appropriations committee? Page seriously thought, at least limiting his power in this regard.

"Page, we have nearly 2,000 employees, not hundreds of people before. Think about it, if it weren't for Schmidt's day-to-day routine work, as well as a lot of external liaison and communication work, would you and Brin be able to concentrate on our work as we are now?"

This, Page admits, is now being developed several products at the same time. If he is also an EO, that is the time spent developing the product. There must not be much left, "another EO can still do these things,"

It seems that after yesterday's incident, he really had a big opinion about Schmidt.

"You can be sure, the next EO. Won't there be friction with us? After nearly a year of running in with Schmidt, at least in many ways, there is a tacit understanding, do you want to repeat this process again?"

Paige didn't speak again.

"To be fair, we should acknowledge Schmidt's ability to do his job, and as a founder. Originally, we should unite a force that can be united to serve the company, why can't we let go of the previous estrangement and talk frankly?"

"From Schmidt's personal point of view, he definitely hopes that the company can succeed, after all, the two companies he was in charge of before, it is not accurate to say that they failed, at least, during his tenure, they did not succeed in turning the situation around, we Google, may be the last chance to create a brilliant career, what do you say?"

"The contradiction with him must be easier to solve than the contradiction with those two venture capitalists, right?"

Michael Moretz and John Doerr, although some of Silicon Valley's best-known venture capitalists, are also happy to play the role of God's hand in the startups they invest in, not only as funders, but also as designers, consultants, strategists, and even executors.

It can also be said that they are the "coaches" of the entrepreneurial team, not only deciding the playing time and candidates, but also providing reliable and powerful logistics support for all people, reducing the possibility of entrepreneurs taking detours.

But no matter how much work they do, VCs and founders always have a huge, irreparable divide.

Venture capital is essentially a money-making business, and it is most concerned about the safety and return of its own funds, so it is natural to hope that it will withdraw safely after making a profit.

It's not that there are no people like Warren Buffett who advocate long-term investment in venture capital, but there are definitely very few such people or such projects.

And many entrepreneurs, at the beginning, are really not for money, but more for their own feelings, ideals, or dreams, so they care more about their products and treat their products as their own sons.

Venture capital is different, he generally treats the entrepreneur's company, or product, as a girl to be married, as long as the return is reasonable, it is very good to send it out to be a child bride.

Objectively speaking, there is nothing wrong with venture capital doing this, for the founders of the company, such as Page and Brin, Google is their only child and hope, but for Sequoia and KPB, they have invested in too many companies, among which they are engaged in similar businesses to Google, and there are not one or two, there is no reason to just hold you in the palm of your hand and spoil it.

"In short, I think that we and Schmidt do not have a fundamental conflict, and he has helped us resist the pressure of those two venture capitalists. ”

At the same time, he strengthened sales, although there was a consideration for making the performance look better and allowing him to add points in front of Moritz and Doerr, but wouldn't it be beneficial to the company?

You should have seen his results, compared to the same period last year, the revenue in the first quarter was 230% of last year, and most importantly, he did these things while not interfering with your product development, right?"

That's the last word.

"I'll admit that he's done some work," Page finally easily affirmed Schmidt, "It's just that, you know, I think Google should be a technology-driven company, not a sales-driven company, and our core strength should be constantly developing and improving products, and it should be engineers, not people who only know how to talk about it."

"Of course we agree with this, but there's no denying that sales is also important, right? Even if you're still an EO, you can't just have product engineers in the company, and you don't have a team in charge of sales."

"I'm not against forming a sales team, I just think that the people he hires are not the best candidates,"

It seems unrealistic to want to change Page's resentment towards business students, "What do you think of this, in the future, our sales team will also require an engineer background?"

"That's good, we don't want to face a bunch of who can't even explain the company's products," Paige said, visibly uplifted.

It seems that Mayer's idea did speak to his heart.

"Then I will convey your opinion to Schmidt?"

"Okay,"

"Isn't there no need to hold a board meeting?"

"You see, you've settled the matter for discussion at this board meeting,"

Feng Yiping just wants to take Google's shares and easily share a lot of money in the future, but he doesn't want to get all kinds of troubles.

"Page, my opinion, please also think about it, if you think Schmidt is a person to work with, it is better to accept him completely and let him become a member of our big family.

At the same time, please think about it with Brin, and clearly confirm the division of labor between everyone, so as to ensure that this kind of thing does not happen again."

"Okay, I'll seriously consider your opinion,"

It is naturally easier to convince Schmidt, who gave him a small voice in the company?

So, by the next morning, Moretz and Dole, who were closely following Google's movements, got the news that Google's conflict yesterday had been eliminated.

At noon, when talking to Dole on the phone, Moretz sighed, "It seems that our young man has become more and more mature,"

"Michael, don't be pretty," Dole said unceremoniously, "I regret that I didn't take advantage of such a good opportunity, don't think I don't know, you invested in Google back then, mainly to protect Yahoo's flank,"

This is to the point, and Moritz has no objection.

Yahoo was in full swing and had a very successful business model, and Google, most people, including him, didn't think it could make money from advertising, but.

Yahoo also had a search business back then, and in '99 it invested in Google, really just to protect the security of Yahoo's flank, an important asset in his mind.

This is the difference between a venture capital master and an ordinary venture capitalist, the master will organically integrate the companies he invests in, while the average venture capital does not have such an opportunity or such ability.

It's a pity that he rarely looked away, Google, a rising star, relies on advertising, and the benefits are getting better and better.

Yahoo, on the other hand, has not only risen weakly, but also has a downward trend, and the many failed large-scale investments and mergers and acquisitions in the past two years have also weakened the foundation of this former empire.

It is not impossible to expect Google to surpass Yahoo in the future.

…………

At this time, Feng Yiping was already thinking about other problems of Google.

The current Google is also his important asset, if it still follows the original trajectory, after going public next year, the value of his shares in Google should be higher than the market value of Yijia.

At the beginning, the investment in the name of the institution, the 5% to be reduced at the time of listing, after cashing out, can just come in handy.

And he now believes that in addition to the conflict between the founder and the EO, other aspects of Google need to be improved.

For example, Google's internal ruthless kind, to put it nicely called discussion, to be honest, is no different from a quarrel atmosphere, in the early days of entrepreneurship, when everyone is familiar with it, it is very good, a big argument, can get the best results, and everyone will not turn their faces.

However, now that the expansion is so fast, if we still adhere to the previous style, the relationship between senior executives will never be harmonious, and it is estimated that the cooperation between various departments will naturally be impossible.

This situation also needs to be corrected urgently. (To be continued.) )