Chapter 1029: Fierce Debate

The wind pressure formed by the helicopter propeller made Yang Wenyuan, who was sitting in the car, squint his eyes, and his originally hearty smile also looked a little gloomy. Pen "Fun" Pavilion www.biquge.info

David started his engine and looked up. "I still think you should listen to his opinion, online radio is not necessarily related to Yahu's inherent search engine business, and it will inevitably lead to the improvement of the company's management difficulty and the soaring management costs......

"Shut up, David, you don't even know what's wrong," he interrupted David's chatter with a loud shout, and Yang Wenyuan raised the window of the car hatefully. "Don't you know only technology?"

David started the car, glanced at Yang Wenyuan, and couldn't help but feel a little strange when he saw his gloomy face, but he still replied. "What I know, is the largest comprehensive Internet company in China's Internet industry, news, navigation, portals, search, are doing quite well, if only the technology was born in the United States, presumably even we will be under pressure......

Yang Wenyuan said. He obviously grew up on our shoulders, not only copied our ideas, but also poached more than a dozen programmers from the company's technical department, and he sent them to China through ICY Software to help him build the framework of Weizhi Technology......"

Listening to his story, David was a little puzzled. "Yang, what do you want to say?"

"What do I want to say? That's why I said that you are only suitable for sitting in front of the computer and developing programs, not for standing in the spotlight and making due contributions to the development of the enterprise!"

Yang Wenyuan's merciless ridicule made David a little embarrassed, he scratched his head and muttered that he was really not suitable for facing the media, not to mention the sense of accomplishment brought by the development of the program, which also made him feel comfortable and comfortable.

"David! we have changed from an entrepreneur to a business manager, it's not that I belittle your technical ability, but there are many technicians in the company who are smarter than you and know how to write programs better than you, I have already adapted to the new position and can face new challenges, but you still stay where you are and have not moved, this is not good!"

Yang Wenyuan's emotion made David's face a little red, but he didn't know how to respond.

However, Yang Wenyuan was not ready to get a response from him, and after sighing, he took out his mobile phone and called his female secretary, asking her to immediately arrange a meeting with the senior management of Goldman Sachs and other top investment banks to solve the problem of Yahu's equity.

When he finished calling, David spoke. "Yang, I always feel that you are too extreme in dealing with him, so far, the only thing he has interfered with in the company is the acquisition of this online broadcasting company, the investment of three billion dollars is indeed a big investment that needs to be carefully considered for the company, you ......"

"Do you really think that 3 billion yuan can be done? Let me tell you the truth, if the shares held by Cuban do not reach 5 billion US dollars by the end of the year, the difference needs to be made up by me personally! It is a VAM agreement, and it needs the company's stock price to be further boosted before it can really complete that agreement!"

David exclaimed. "What? 5 billion? Doesn't that mean that the price of online broadcasters is still more than 5.5 billion dollars?"

"Of course, the value of online broadcasters is underestimated, and I and IDG people believe that its real value is more than 10 billion! The sooner you buy, the lower the price, in the current financial market, as long as you have a little bit of technology and the Internet, you can raise more funds, if you don't take advantage of the good market now, you don't know how long you have to wait if you want to have a broad financing environment! Microsoft is mired in the antitrust bill, and Bill has angered judges and users for his inappropriate remarks, and I believe that the European market will not let go of this opportunity, one giant falls, more giants will rise, Yahu wants to become a 'great' company, it must be paid, and appropriate sacrifices need to be made......"

Yang Wenyuan's statement was very impassioned, as if he was facing an interview with the media, both in his expression and tone, he was full of confidence.

But David's face is getting more and more ugly, he always feels that the company's development has been fast enough, the company's stock price continues to rise, so that investors' expectations of the company's profitability are getting higher and higher, more and more demanding, but as an Internet search engine website, user experience is the most important to pay attention to and deep research, Yang Wenyuan has become so ambitious, become eager for quick success, he always feels that this development is not a good thing for the company.

The financial tycoons on Wall Street, everything they do is to cash in more profits, and Wall Street does not care about the future development of a company, what they hope is to be able to cash out quickly after entering and earn enough profits in a short time......

Noticing that he was distracted, Yang Wenyuan reached out and patted him on the shoulder. "David, what are you thinking? Look at the road!"

"Yang, I still don't think it's appropriate, Fu doesn't look like the kind of person who likes to sacrifice friendship for profit......

Yang Wenyuan laughed. "David! You are too indecisive, and you are too kind! You must know one thing, when you succeed, you will not lack friends around you, there is an old saying in the East called 'share joy and sorrow but not common prosperity', that kid is successful with the help of our success, but he is actually a robber, a thief! He has robbed us of the market we should have occupied, and also stole the ideas of us and other Internet companies, such a person is despicable and shameless, the sooner we get rid of him, the closer we are to success!"

Speaking of which, Yang Wenyuan saw that David wanted to open his mouth to refute, so he patted him on the shoulder again. "David, do you know a term, online commerce?"

"What do you mean by online commerce?"

"It is an Internet company that sells goods that were originally sold in supermarkets and convenience stores on the Internet, so that people can buy things without leaving home......

"Huh? Isn't that a similar company to Amazon?"

Seeing that his attention was successfully diverted, Yang Wenyuan smiled proudly. But the company I'm talking about sells everything, cola, drinks, rice, biscuits, as long as it can be sold, it is put on the Internet for sale, I think once this kind of enterprise develops, it will replace the traditional distributors, sellers, online business companies do not need a façade, no advertising, no warehousing costs, There is no need for a factory, this is a disruptive enterprise, a kind of enterprise that will wipe out all traditional stores, and it will be able to generate a turnover far from the ...... that a company like Amazon can match."

David wondered. "Yang: But the problem is that labor in the United States is quite expensive, and if you want to set up such an online business company in the United States, the transportation and distribution costs alone are unbearable, and if a can of Coke is delivered to the customer, it will only increase the price by two or three dollars, which is not competitive!"

"No, no, no, I didn't say that I want to set up such a company in the United States, I'm talking about a Chinese Internet company, where many cities have a very high population density, and labor is quite cheap, and it only takes a few months to make a profit, and if you can squeeze the cost between the retail end and the production end, then even if there are transportation and distribution costs, the terminal price is far cheaper than the retail price!"

"Are you saying that the company has been successfully launched?"

Yang Wenyuan smiled proudly. "Of course, the future of this kind of enterprise is quite bright, I have already successfully injected capital into Yahu through IDG, don't look at the initial price is only one million US dollars, but once this company successfully lands on the NASDAQ, the market value of Yahu will definitely rise by billions, or even billions of dollars, which is enough to make up for the paper loss that I may inject......

David simply parked the car on the side of the road, turned his face and said in astonishment. "How much stake can I get for a million dollar injection?"

Yang Wenyuan proudly opened his two hands. "Yahu and IDG jointly own 55% of its shares, and according to the relevant regulations on the listing of foreign companies on the NASDAQ, if this online business company wants to land on the NASDAQ, its non-US equity cannot exceed 20%, and eventually the founder of this company will be expelled from the company, and millions, or even tens of millions of dollars can get a company with a market value of more than 10 billion, do you think this kind of transaction is cost-effective?"

"Of course it's worth it!" exclaimed David, but his face became a little ugly when he thought about it. "But the founder of this company is a little pitiful, and the company he founded has to give up his heart and soul because of the NASDAQ listing regulations, which is really sad......"

Yang Wenyuan frowned. "David! It's not right for you to think so! Your behavior is called a woman's kindness! The risk of venture capital is very high, and if one or two of a hundred companies can succeed, it is already a good result, and besides, Yahu can participate in its first round of capital injection, is it not because these top investment banks want to be able to obtain shares of our company? In order to prevent us from falling victim to the equity war, then naturally someone needs to become a victim......

David finally understood, and exclaimed in amazement. "What are you talking about? Do you mean that forcing Fu Zhengyi to transfer Yahu shares to investment banks is the basis for Yahu to make money with venture capital?"