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Chris was much more relaxed than Eric, saying, "According to the preliminary estimate, Ian and Steve will each receive 3 million shares, Jeff Locke 2 million shares, and Tina Brown 1 million shares. According to Wall Street's current valuation of Yahoo at $5 billion, they will directly step into the ranks of billionaires with this equity incentive plan, and the possibility of the four of them leaving is extremely low. In addition to them, there are a large number of middle and low-level managers and outstanding employees who will receive equity awards of up to 200,000 and minimum 10,000 shares, which may be poached by a lot of money, but it will not have much impact on Yahoo. ”

Yahoo's total share capital is around 100 million shares, which is equivalent to $50 per share based on the current Wall Street valuation of Yahoo at $5 billion. After the implementation of this equity incentive, Yahoo will produce dozens of millionaires at one time.

The difficulty of imitation of the portal is very low, and if you want to maintain a leading position for a long time, you must not only invest heavily in technology research and development to establish patent barriers, but also need to avoid the loss of core employees as much as possible. This is also the main reason why Eric formulated this equity incentive plan in the first place. If you don't have a lot of money to win over these management and good employees, these people who have accumulated enough experience at Yahoo will soon be able to replicate the Yahoo model with the support of their competitors.

While Chris isn't too concerned about Microsoft's attempts to poach people, Eric doesn't. Microsoft must have been aware of Yahoo's internal equity incentive plan, but it still tested Steve Mitnick, which shows that they are prepared to pay more.

Yahoo's equity incentive plan will finally be finalized by the end of July, but there is no such thing as a free lunch, and these shares are not just a reward for the work of Yahoo's management over the past few years. It also means that the employees who receive the reward will be firmly tied to Yahoo.

According to the original agreement, if the employee who received the equity award chose to resign within five years, not only would the shares in his or her hands be forcibly redeemed by Yahoo at the price at the time of the equity award, but the leaver would also be restricted from doing any Internet-related work for the next five years, or face huge claims. The speed of development of the Internet industry can be calculated almost in months, five years away from the entire industry. It almost means being eliminated completely.

Eric believes that July will be a very important watershed moment for Yahoo. The Internet industry has just begun to rise, with countless opportunities to get rich overnight, so before the official implementation of the equity incentive plan at the end of July, there will definitely be a group of Yahoo employees who will choose to give up the lucrative equity rewards that will be received and go to other companies, or even set up their own businesses, driven by more lucrative interests.

After thinking about it for a moment, Eric gradually realized. He can't stop the loss of employees, but he can use Yahoo's industry leadership to do everything else, and Yahoo is now a target for many companies in the emerging Internet industry. Some of Yahoo's Internet products have even seen followers, but for the time being, there are no latecomers that can threaten Yahoo's position in the industry.

Since Yahoo's every move will be studied and even imitated, it is entirely possible for Yahoo to try to lead those who come after it astray.

The portal model is certainly not going to last, but it's like the dot-com bubble in the next few years. Yahoo can also over-package the portal model on the surface, painting a bright future that far exceeds its actual potential. In this way, the main focus of several major competitors is locked in the portal business. Yahoo, on the other hand, can go down the right path in private, and many examples in memory have proven that the key factor in the rapid rise and fall of a giant company has never been money or technology, but strategy.

If you can't get on the right path, then even if you burn $10 billion a year. It's also for nothing. In the previous life, Nokia, in the year when it was ousted from the throne of the mobile phone market by Apple, still invested far more in research and development than Apple, but in the end it could only withdraw from the mobile phone market.

I combed through the general idea and unknowingly. Eric's hand holding the pencil had already written a line on the notepad in front of him.

Chris was accustomed to Eric's frequent sudden thoughts, and did not bother, seeing what he began to write on the notepad, he glanced at it and asked curiously, "What are you writing?"

Eric handed the notepad over, and Chris found that it was eight completely unfamiliar characters.

"It's ...... "Chris knew that Eric could speak Chinese, and he had always thought it was very magical, but he didn't mean to get to the bottom of it, after all, Eric was a miracle as a person, and he just simply classified Eric as a genius.

Eric nodded and explained: "There was a rebellious hooligan in ancient times in the East, who used these eight words to successfully become the emperor during the critical period of his career. ”

"What does the rogue have to do with the Emperor, is this an allegory, but why is it so short?" Chris asked several questions in succession.

Eric took the notepad back and said with a smile: "Your question can not be explained clearly in a few words, if you are interested, I will take the time to explain it to you." Anyway, I decided to move this forward to the beginning of July, and try to make it as loud as possible, well, to hold another Yahoo Network product launch event during the event, and to promote our upcoming YahooPay payment tools and other products through televis. ”

"Eric, I don't quite understand. Yahoo's every move is already being watched by a lot of people, and if it's too loud, it won't do us any good, so why do it?"

"Because," said Eric, smiling wickedly, tapping his fingers on the notepad with those eight characters written on it, "I'm going to take the whole industry crookedly." ”

Chris was about to continue asking, when there was a knock on the study door, and Joanna walked in, really about to say something, noticing the weird evil smile on Eric's face, and said, "What are you trying to do again?"

Eric put away his expression. Shaking his head solemnly, he said, "No, Chris and I are discussing a charity plan to donate some money to African bison to help them control the size of their fertility and the migration of tens of millions of heads every year." It's too exciting. ”

Joanna knew that Eric was talking nonsense, rolled her eyes slightly, and said, "Okay, let's talk about something in the afternoon, dinner." ”

Seeing Joanna leave, Chris couldn't help but laugh and said, "African bison, how did you jump from the internet to this?"

"Last night Xia Xia hid the remote control, and we were forced to watch an hour-long documentary on the African savannah," Eric smiled. He got up and said, "Let's go to dinner first, and then we'll talk about the topic later." ”

Chris got up and said with a smile: "Xia Xia is so smart, I think she will definitely be as good as you in the future." ”

"It's not good to be too good," Eric said, spreading his hands around the villa, "She has a higher starting point in life than all the children in the world, and I'm afraid that the little girl will have no pursuit in the future, and will want to rule the world or something." ”

"Haha. ”

The two laughed and walked out of the study. As soon as I arrived in the living room, I saw a small Hawaiian figure running in from the door with small boots on it. Her eyes were wide open, and her face was full of a panicked look that was usually very rare, and when she saw Eric, the little girl immediately pounced.

"Baby, what's wrong?" Eric quickly stopped and hugged Hawaii in his arms, feeling his daughter cling to him like a sloth. As soon as he spoke, he remembered the expression on Hawaii's face just now, and immediately understood something, and looked towards the door.

Chris was a little confused, just felt. It seems that this is the first time I have seen such a rich expression on my little Hawaiian face.

Before the little girl could answer, the answer came from outside the door: "Hey, Xia Xia, why do you have to run away when you see Aunt Drew, it really makes me sad, I won't read you bedtime stories in the future." ”

With this voice, Xiao Nizi, who was wearing a pale yellow windbreaker, walked in the door, saw Eric, rushed over in three or two steps, hugged him affectionately, and forcibly kissed the Hawaiian face attached to Eric's body before greeting Chris.

At noon, everyone chose to barbecue, and at this time the living room could smell the fragrant smell of barbecue, Eric continued to walk out with Hawaii in his arms, and said to Xiao Nizi who came over: "You have become Xia Xia's natural enemy now, don't read horror novels to scare her in the future." ”

Still, Eric didn't have much reproach in his tone.

Hawaii's IQ is so extraordinary, that he and Joanna have worried that their daughter's brain will be only logical and emotionless. Xiao Nizi's original mischievous unintentional act made Hawaii a little more normal child's emotions, and Eric knew that Xiao Nizi would never really hurt her daughter, so after finding out about it, she didn't take it too seriously.

Xiao Nizi made a grimace at Hawaii who secretly glanced at her when she heard her father's words, and when she saw the little girl, she immediately buried her head on her father's shoulder, grinned, and took Eric's arm and said, "Okay, by the way, Hanks also came to New York, he didn't come, he just asked me to say hello to you." ”

During the period when Eric was busy investing in Sprint, the summer season of North American movies has quietly opened, and the opening blockbuster of this year's summer file is Fox's "Die Hard 3", which will be released on May 19.

The sequel cost Fox $90 million, but the response was not very good during the test screening stage, and under the menacing arrival of blockbusters such as "Jurassic Park 2" and "Batman Returns", there is little hope of a North American box office explosion. Fortunately, Bruce Willis, like Arnold Schwarzenegger and Sylvester Stallone, has a very strong box office appeal overseas, so Fox decided to release "Die Hard" in North America in advance in order to deploy overseas distribution during the summer season.

"Die Hard 3" also did 'live up to expectations', with a box office of only $29 million in the first week, which can almost be described as dismal for a cost of 90 million, and Fox has confirmed that it will refrigerate the series for a long time.

Yesterday, May 26th, was the second week of the summer season. The release is Warner's "Fair Game" that was accidentally intervened by Eric, this action movie cost $50 million, the heroine was changed from Cindy Crawford to Claudia Schiffer, I heard that the script has also been greatly revised, but I don't know how it works, Eric has not paid attention to the box office information for the time being.

"Forrest Gump" is scheduled for June 9, Eric handed over the film to Flower Pictures for personal distribution, and Drew will come to New York to lead the crew to tour the promotion, which is a roadshow in the more familiar terms of the previous life.

"You can say hello to him for me," the three of them walked out of the villa, Eric handed Hawaii to Joanna, rolled up his sleeves and walked to the barbecue grill to help, and continued to Nizi beside him, "When are you leaving New York?"

"Today Hanks is going to record 'The Renault Show,' we're going to Washington tomorrow, and we're going straight to Miami for the next stop, and then we're back on the West Coast, starting in Seattle," Nizi said about her itinerary, picking up a string of chicken wings from the table and standing next to Eric to roast them, "Eric, Amy heard that Cork Cortrian has been working with MGM again recently, and a friend of hers met Cork Cortrian and Frank Maccasso at a party last week. ”

Eric flipped his roasting hand and paused, then shook his head and said with a smile: "Let's eat first, leave him alone." I'll call Frank Macasso in the evening, and you can just focus on the release of Forrest Gump. ”

"Well," the girl nodded, and she just reminded Eric that as long as Eric knew what to do, she wouldn't worry about these things.

For MGM now, in addition to the 007 series, several other money-making movie series "Breaking Bad" and "Resident Evil" are under Eric's control, and the copyright of "Wonderful Night at the Museum" to be released in the summer is in Flower Pictures. Without Eric's approval, Crédit Lyon could not afford to sell MGM for any good price.

As for Cork Cortrien, a casino mogul, Eric will certainly not allow him to enter Hollywood again.

After lunch, Eric and Chris discussed at length plans to use Yahoo to lead other competitors astray.

The current Internet environment belongs to the era known as Internet 1.0. During this period, users were new to the Internet and were both confused and curious about all the information on the Internet, so portals that acted as content guides appeared to be promising. But in fact, for users, this period is only the initial understanding of the Internet, when they become more and more familiar with the Internet environment, the attractiveness of portals that can only provide them with customized content will be greatly weakened, and users begin to have a variety of personalized needs.

As a result, after the accumulation of Internet content in the 1.0 era, it has become very rich, and the Internet 2.0 era to meet the personalized needs of users has gradually opened.

What Eric wants to do is to take advantage of the media resources of Firefly Group and Yahoo to amplify the development prospects of the portal as much as possible through large-scale publicity, and to lock the attention of major competitors on the portal business.

Then, under the condition of maintaining the dominant position of the Yahoo portal industry in the 1.0 era as much as possible, the layout was made in advance for the opening of the 2.0 era.

Yahoo has temporarily canceled its IPO plans, and it doesn't need to release any details for the next few years, so the plan is very feasible.

In the process of this brilliant bubble being blown up, even if some people can stay awake, unless Eric is unlucky enough to meet a difficult opponent like Microsoft, Yahoo has enough strength to recruit or destroy this part of the sober people in advance.

[Thank you for your continued support, this time from the 515 Fan Festival of the Writer's Hall of Glory and the General Election of Works, I hope you can support it.] In addition, there are some red envelopes on the Fan Festival, get one and continue the subscription!] (To be continued.) )