Ivanka's mention made everyone present cry and laugh, she meant to control the board of directors and shareholders' meeting, so that Sina's poison pill plan and NetEase and Sohu's one-vote veto power could not be passed. URL

Before the Nasdaq exchange, it was unable to obtain legitimate shareholders' rights and interests, and it was impossible to become a board of directors, although it had collected 33% of the shares of Sina shares, and due to the U.S. regulations to protect public companies and prevent hostile takeovers, it was still powerless to influence the shareholders' meeting and the board of directors.

As for the veto power of NetEase and Sohu, this seems to be even more troublesome, and the relevant clauses are written in the pre-listing agreement, which only needs to be launched in time, and the board of directors is just doing it.

Ivanka looked at the people sitting and smiled, she knew that maybe she had said the wrong thing, so she couldn't help but purse her red and round lips, and didn't dare to express her personal opinion.

Yu Jun was thinking deeply.

In the memory of the previous life, the difference between the three major portals before 2oo3 was not large, and the characteristics were not obvious. Sina's focus on news is good, but NetEase and Sohu are portals, and the attention of news is not weak.

And NetEase, although it relies on the number of 163 mailbox users and NetEase's free web space to glue some users, but it can't be said to be extremely good, mailbox, Sina and Sohu in 2ooo years on the fast follow-up, attracted a lot of users. There are not many netizens who have the mailboxes of the three major portals at the same time.

As for Sohu, when Zhang Chaoyang returned to China, he took Negroponte's venture capital, intending to create a first-generation search-style portal like Yahoo, and later transformed into a portal website, but it relied on Zhang Chaoyang's high exposure to bring a large number of views. In terms of mailboxes and news, Sohu is almost the weakest of the three portals.

This situation did not change until 2oo3, Sohu launched Tianlong Babu, NetEase launched Journey to the West, Sina Agency Heaven II, and for a time all turned their attention to online games, which was all due to the stimulation of the grand legend.

And the timeline is pushed back again, Sohu launched Sogou browser and input method, occupying a large number of netizens' desktops, and differentiated competition is revealed. NetEase continues to work its own online games, and Sina's focus on new things after the myth of Lineage II has disappeared, as evidenced by the success of its blog and Weibo.

Relying on the strong loyalty and inertia of the first generation of netizens, the number of views of the three major portals has been steadily occupying the top five domestic websites, and the other two positions belong to Baidu and Tencent.

But the current situation is a little different from history, first Shanda disappeared, Tencent is not very likely to appear, QQ has become Thunder Online and Ali, Bx exclusive instant messaging software.

Sina's position as a leading news portal was replaced by Thunder Online, which has a strong financial background and acquired enough paper media at the beginning of its construction, and a strong editorial team is incomparable to the three major portals, and the independent original news and netizen newspaper forums have formed a good interactive system.

To become the first Chinese portal, Thunder Online is not for nothing.

The impact of Thunder Online on the three major portals is also reflected in the financial report, although the market is pushed up by Xiling network business companies such as Fengyun Network, the overall advertising revenue is still limited.

To use a figurative analogy, although the pool is one-fifth larger, the number of people drinking water is two-fifths more, which means that the three major portals will become even more difficult in the days when they were on the original trajectory.

The success of the IPO has nothing to do with performance, and the Nasdaq does not pay much attention to the company's past financial reports, as long as it can guarantee that it will be profitable in the future.

After the listing, the three major portals will hand over their first annual reports one after another, although Unicom and Mobile's SP business can pull them along, for the same reasons mentioned above, the birth of Thunder Online will eat part of their cake, which causes their financial reports to look good and limited.

It is possible for the stock price to fall again, or even to be delisted.

But as mentioned above, the value of acquiring the three major portals may not be the same as Junyuan thought.

Sina's news value was replaced by Thunder Online, in the foreseeable future, online games, NetEase, Sohu's threat to Kingsoft and Thunder Online is also limited, after the acquisition of the legendary South Korean company, the Q version of the four famous novels is also under study, and Jin Yong, Gu Long's tour authorization is also negotiating.

The last time the old man went to West Lake to discuss swords, Yu Jun took Wu Yu to leave, but he was too late.

As for the browser、Input method,Kingsoft has long been launched,It's strange that Sohu wants to catch up。

Kingsoft is an important chess piece for Yu Jun in the online game and general application software market, and the huge research team of more than 5ooo people is not enough to use office processing software, anti-virus software and online game software.

At present, there is a shortage of more than 5oo software engineers in Kingsoft every year, and the best software development talents in China are in multinational companies such as Microsoft and Cisco, and second, in excellent domestic enterprises such as Kingsoft, Kingdee and Huawei.

Fortunately, the cooperation with Yunke University can fully guarantee that there will be no labor shortage in Xiling's IT, software and Internet enterprises from the beginning of this year to the next few years.

After the summer vacation of this year, the School of Logistics Management of Yunnan University of Science and Technology will be opened, and even the talent bottleneck of fast logistics will not appear.

According to the number of views, Thunder Online occupies nearly 2.55 of the five major domestic portals, and the other 25 are shared by the three major portals, and the remaining O.55 belongs to the Galaxy Network.

In this case, whether it is necessary to acquire the three major portals requires Yu Jun to think deeply.

He held his forehead and muttered, but Ellison and Donald didn't bother him, and the two of them went to the bar and sat down, poured two glasses of brandy, and drank them with ice cubes.

Wang Bing, Chu Haowei, and Yi Mingyao didn't disturb his thoughts, so they leaned on the sand and waited for him quietly.

But Ivanka's pair of sea-blue eyes had been staring at Yu Jun, although her expression seemed to be very calm, she was waiting for him in her heart, wanting to see what way to reverse the situation.

"Don't do it!"

Yu Jun pondered for a long time before he patted his legs and said such a sentence, but everyone present was stunned.

"What do you mean?" Wang Bing frowned, put the wine glass he had been holding in his hand on the coffee table and asked.

"No acquisition," Yu Jun looked at his slightly stunned gaze and said, "This is the same as getting married, it is about love and concubine, both parties must be interesting, and there will be no fights when they get into bed, and the piano will be harmonious." ”

Wang Bing smacked his lips: "I have done so many layouts, it took two or three months to acquire more than 3o% of the stock price of each website, almost all the outstanding shares have been collected, and the stock price has also risen four or five times, and now I say that I won't buy it?" Well, I don't ask you why, what to do with the shares in your hands? ”

"If the three websites are willing to buy them, they can sell them cheaper, but they can't lose money."

Yu Jun is now a little interested in acquiring these three major portals, just like he said, if the two parties are not interested in living together, they insist on pulling two men and women together, isn't it a bit of a match?

And he also figured it out, leaving these three websites, the color in the pool will also become more, if the acquisition is really completed, Thunder Online is only one opponent in China, will it make employees inert?

This may be the only benefit to be gained from abandoning the acquisition.

In any case, Yu Jun has lost interest in Sina, NetEase and Sohu.

"I'll arrange it." Yi Mingyao got up and said.

The acquisition was entrusted by Thunder Online to Thunder Fund, and Yi Mingyao was responsible for specific affairs.

Watching him leave, Chu Haowei said in Chinese: "Will it affect the overall layout of Thunder Online, and will it fail to meet your requirements in terms of media control?" ”

Chu Haowei's position determines that he is second only to Wang Bing and Wei Jing among the people close to Jun, this is naturally a member of the Xiling Department, and Lin Zixuan is another person.

There is also a relationship between Min Rou, Chu Haowei's trustworthy Cheng dù is very high, and many things, Wang Bing knows, he knows.

Yu Jun also consciously did this, Chu Haowei manages financial instruments and hedge funds, which does not mean that he does not need to see the big picture, but also needs to have a long-term vision and insight.

"I thought about it, if Xiling really controls Sina, NetEase and Sohu, the central government will not allow it."

Seeing a big one, even if it is an online media that I don't know much about, it is a big thing from the perspective of the upper echelons who are good at propaganda work.

Ivanka suddenly asked in jerky Chinese, "What is Nimon doing in Shuo (what are you talking about)?" ”

Yu Jun was stunned for a moment and laughed.

Chu Haowei and Wang Bing glanced at each other, the corners of their eyes were also crooked, and they were holding back a smile.

"Ahem, Ivanka is studying Chinese at Georgetown University," Donald said as she walked over with a wine glass, "and she used to want to learn Korean." ”

"Oh? So why give up? Yu Jun asked curiously.

"A country that needs the protection of the United States, their language is not worth learning." Ivanka said with a sweet smile.

Yu Jun understood what she said, which meant that South Korea does not need to use Korean, but only needs English to communicate.

I'm afraid this is not quite correct, although the little stick is under the wings of the United States, he still slaps his swollen face and becomes a fat man, and in the presence of friends, he will never speak English, and even if he can, he will not speak it, otherwise he will be despised by his friends.

But why should you learn in the first place?

"I set a time for Paulson's secretary, tomorrow at three o'clock in the afternoon, on Wall Street." Ellison waved his phone and said, "Don't tell me you don't have time." ”

"Of course there is time." Yu Jun said with a smile, how could there be no time to meet with the future US Treasury Secretary.

……