Chapter 330: Joining Forces with Google
Fengxing Group successfully went public, raising US$10.35 billion and a market capitalization of more than US$58 billion, becoming the largest Internet company IPO in history and the third largest Internet company in the world.
For Lin Feng, the biggest change in Fengxing's listing is the sudden improvement of his status in the global Internet industry.
Before Fengxing went public, although Lin Feng had already become famous, because of Fengxing's relationship in China, in the American Internet industry and in Silicon Valley, Fengxing has always felt like a small company and has no reputation.
After Fengxing went public, the market value of up to $580 surprised everyone, only to realize that Fengxing is already a big company after Google and Yahoo!
Lin Feng naturally rose and became a "big man" in Silicon Valley on a par with Larry Page, Sergei Brin, and Yang Zhiyuan!
Lin Feng and Fengxing have both become the hottest "stars" in Silicon Valley.
This obviously helped Lin Feng in his next series of strategic layouts in the United States.
On July 21, the second day of Fengxing's listing, after announcing the launch of the "green shoe mechanism", Fengxing's stock price did not continue the previous day's skyrocketing trend, and fell slightly during the session, but it still closed up by $3.53 to close at $76.42, which also made Fengxing's market value come to $62.28 billion.
This is also a relatively good trend, indicating that in the minds of American investors, the expectations for the popularity are still relatively high.
Moreover, because most of the placing shares were allocated to long-term institutions such as large public funds and insurance funds, many small institutions and retail investors in the market were not allocated stocks at all, so in the secondary market, the demand for popular stocks is still very large.
Seeing that the stock price was stable, Lin Feng was relieved, although at this time, as a "focus person" who attracted much media attention, there were a large number of media who hoped to invite him for an interview, but Lin Feng left New York in a low-key manner the next day and flew to Silicon Valley on the West Coast.
Moreover, this time to Silicon Valley, he was flying on Larry Page's private jet, a Boeing 767.
This is a second-hand plane that Larry Page and Sergey Brin bought together in 2005, although it only cost $15 million, but they hired an aircraft designer to spend $10 million on the facilities and renovations, including Brin's oversized luxury bed, Page's "state room", fitness room and piano, etc., and they also wanted to install hammocks and cocktail bars on the plane, transforming this plane into a "Party plane", so the cabin is very luxurious and comfortable.
When Larry Page learned that Lin Feng would also go to Silicon Valley, he specially invited him to take his private jet, in fact, he also hoped to have a more private space and time, and the two could communicate.
After all, in the past two days on the market, Lin Feng, as a "key person", has too many messy things, and he can't find time to talk to Larry Page secretly.
When Lin Feng invited him to participate in the listing ceremony of Fengxing, he threw out "Maybe we can talk about cooperation in mobile phones", which happened to hit a vague point in Larry's heart, and he was looking forward to what kind of cooperation Lin Feng, who has always been known as a "strategist" and "investment genius", and always has unexpected moves.
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At an altitude of 16,000 feet, in the cabin of the Boeing 767, Lin Feng sat on the sofa, picked up a wine glass and took a sip, looked around, and praised with a smile: "This plane is so beautiful, Larry." ”
Larry was obviously also very satisfied with his modification of the plane, and said with a smile: "It's nothing, d, this plane doesn't cost much, if you are interested in flowers, with your strength, you can buy a better one." ”
Lin Feng nodded thoughtfully: "Yes, maybe I should buy a plane, now China and the United States often run around, it is more convenient to have a plane." ”
Larry smiled: "Yes, it will save a lot of time, d, if you are interested, I can help you introduce one, Gulfstream's new V-SP, now called G550, this aircraft is very good, it is an upgraded version of the Gulfstream V, and it has made improvements in the original performance." For example, the reduction in air resistance has increased the range to 12,500 kilometers, which is the farthest range of any aircraft in this class, from New York to Tokyo and from Beijing, China, to Los Angeles. And it is equipped with more advanced electronic systems - the aircraft has enhanced handling, nearly 200 cubic feet of space, cabin entertainment, office, safety equipment, and galley equipment have been differently enhanced......"
Larry really likes airplanes, and when it comes to private jets, he gushes endlessly, and it's no wonder that he, Sergey Brin, and Eric Schmidt bought 8 planes, and even built their own airport.
Lin Feng raised his wine glass and clinked glasses with him: "Okay, then thank you for your recommendation, I am indeed very interested in buying one, and I will go to Gulfstream Company to have a look another day." ”
He has now cashed out $1.8 billion, although he already has a lot of business layout considerations in mind, and how to use these funds has been considered, but spending tens of millions or hundreds of millions of dollars to buy a private jet is nothing to him.
What's more, Lin Feng does have a need, whether he is flying from Hong Kong to Beijing, or to New York, Los Angeles, or Silicon Valley, he often has to run around, and it will be much more convenient to have a private jet, and he doesn't need to go to civil aviation every time, although it is first class, the comfort and freedom are also much worse.
If you make money, you should enjoy it properly, otherwise why make so much money?
If you don't spend it, it's just a bunch of numbers, or a bunch of paper, and it's meaningless.
However, the topic of buying a private jet is mentioned casually, and the focus that Lin Feng really wants to talk to Larry Page about is the smartphone business!
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After the preemptive acquisition of Android, Lin Feng has been thinking about how to make all mainstream mobile phone manufacturers use the Android operating system like in the previous life, you know, all mobile phone manufacturers in the world unite to encircle Apple, which is the key to Android's real success and become the world's mainstream smartphone operating system.
The reason why Android was successful in the previous life was that Google led the establishment of 34 mobile phone manufacturers, software developers, telecom operators and chip manufacturers, and formed an Open Handset Alliance with 84 hardware manufacturers, software developers and telecom operators, free licensing and open Android source code, which allowed almost all mobile phone giants and operators in the world to support and adopt the Android system.
You know, now in the mobile phone market, Nokia and Motorola are still unshakable supergiants.
Symbian, on the other hand, is supported by mobile phone giants such as Nokia, Sony Ericsson, Panasonic and Samsung, accounting for 41.2% of the smartphone operating system market.
According to the development trajectory of the previous life, next year, Nokia will buy Symbian and go all out to promote the Symbian system.
In addition to the mainstream Symbian system, various companies and manufacturers are also developing their own mobile operating systems, such as Microsoft's indos Mobile (M) system (later upgraded to the new P system), Canada's RIM Blackberry (Blackberry) system, etc.
To be honest, before Apple's iPhone did not exist, the so-called smartphone market was still very chaotic, and the so-called "smart" was just a mobile phone that could send emails and could surf the Internet very "hard". It is a far cry from the "smartphone" in the true sense of the word that came later.
And this is also a very frustrating thing for Google.
Mobile software was one of the worst performing areas of technology at the time, not only did it lack enough bandwidth to surf the Internet smoothly, but it was also very ineffective and could only run the simplest software. When Google wanted to pre-install search into those smartphones, it found that the amount of software development was huge.
At this time, there was no standard for the entire smartphone industry, and almost every phone ran its own dedicated software. In other words, software written for Samsung phones is not compatible with Motorola phones and is not compatible with Nokia phones. Not even a company's software platform is interoperable. For example, there are several versions of the Symbian system alone.
In short, the mobile phone industry is a big cash-burning hole for any developer, and most people are discouraged. The most lucrative business isn't writing apps for mobile phones, but mobile software testing companies that make sure your app is compatible with all phones on the market.
"We develop software for about 100 mobile phones, and we can only develop one mobile phone at a time." The frustration of Larry Page and Google at the time is evident in this statement.
And all this has made Google start to think about how to make a breakthrough in the smartphone market.
Mr. Page and other Google executives knew that someone would eventually solve the phone industry's conundrum, and their biggest fear was that Microsoft might end up solving the problem. Because at this time, Microsoft is still the richest and most powerful technology company in the world, and has made some progress in the mobile phone software market with indosCE. Although the indosCE smartphone is still a niche product, if it succeeds (like the iPhone later), Google's entire business will be in jeopardy.
So, in fact, although Android has not been acquired, there is now a team within Google that is secretly developing smartphones and smartphone operating systems!
And Lin Feng knows that everything Google has done is in vain, and even the giants such as Nokia and Motorola, which are still in the sky, do not know that their end is coming!
If nothing else, in two or three months, Apple's iPhone will be born!
There is no doubt that it will change the world!
Therefore, Lin Feng must also pull Google into the camp of Android and Xphone, the giant that will still be the world's largest Internet company in the next ten years, is his strong ally and support for Android and Xphone to fight against IOS and Iphone!
I didn't dare to talk to Google before, because Fengxing was too weak, and it was easy to be bullied by customers and take away the initiative and control.
But now after being listed, the market value is more than 60 billion US dollars, although it is still not as good as Google, but basically it has the strength to enter the game and negotiate with Google on an equal footing!
Lin Feng is going to invite Larry to visit the popular Silicon Valley Research Institute this time, take a look at the Android system and Xphone mobile phone, and let him know that the new era of "smart phones" has come!
And if you don't want to be won by Apple, then, cooperate with Fengxing!
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