Chapter 107 Google's Development Path (Anti-piracy)
Seeing that the discussion between the two of them was getting more and more energetic, Zhou You had to dissuade and said: "You can discuss this matter later, let's talk about other issues first." Pen %Fun %Pavilion www.biquge.info"
I don't know anything about technology, and listening to such discussions is almost like listening to a book from heaven. Moreover, he did not want to listen to this topic. Google is just a tool for him, a tool to make money, a tool to enter the American market.
He came up with the concept of Google Maps only because even if he didn't mention it, by next year, Google would start to grow the business, not really for Google's good.
If it is possible, he hopes that Google will not develop and let the Baidu family dominate, but Baidu belongs to a company founded by Chinese.
Only then did the two founders realize that they had digressed, and laughed a little embarrassedly, so they could only pack up their thoughts in this area and get back on the normal track. "Evan, do you really think Microsoft's offer is too low?"
Zhou You nodded and said: "I'm not afraid that you will laugh at me for being arrogant, I am more optimistic about Google's development prospects than Microsoft, I believe that in about ten years, our market value can surpass Microsoft, and you will all become the world's super-rich." ”
The two of them froze, glanced at each other, obviously a little incredulous at Zhou You's words. Although they are all full of pride and expectations for Google's prospects, Microsoft was once the world's most valuable company, and the only company in the world with a market value of more than $500 billion.
Larry Page asked, "Why?" ”
Zhou You really can't explain that this is the truth, but without a suitable reason, it will only cause his words to become a joke, which has a great impact on his image, so he has to throw out another prophetic reason.
"BlackBerry can now use mobile phones to send emails and even use mobile phones to work. The development of computers has entered a mature period, and the development of Microsoft has also reached its peak. The next ten years will be a golden decade for the development of smart phones, and people can realize all the functions on the computer through their mobile phones, which will cause the decline of computers. When your mobile phone can listen to songs, watch concerts, watch TV, browse the news, and even make direct video calls, shop online, order food, book taxis, hotels, and complete bank payments, do you think that there is still room for development in computers that are not easy to carry? ”
The two of them were immediately attracted by Zhou You's remarks, because there were at least four new projects that were enough to make people's hearts appear in these words. One is a video site, the other is a video call, and although online shopping is now available, ordering food, taxis, and even hotels is enough to develop into a huge project. Finally, there is the concept of mobile banking, or online banking, which can even directly affect the revolution in the banking industry.
Google has always been interested in becoming a leading company in the Internet industry, and any of these projects can become Google's key development direction in the next few years.
Therefore, Zhou You was entangled again, and the two of them took turns to ask about everything, wanting to get more inspiration from Zhou You. At this time, he was no longer reluctant to travel to become an antique of Google, and even felt glad.
Just these concepts thrown out by Zhou You today can make Google have a clear development goal and create huge benefits for Google.
Traveling around is now not just a lighthouse, it's a shining gold mine. The two founders also really understood why Zhou You was successful. Although he has no professional technology, and he is not even a person in the Internet industry, he has a vision and imagination beyond ordinary people. This is very important for a high-tech company that focuses on innovation.
They even decided that if they had something to do in the future, they would have to ask more about it, although he would never become the technical backbone of a company, but he lacked a trustworthy helmsman for any company.
Zhou You almost made a fool of himself, because he didn't study many things at all, and just relied on his own experience in later generations to point out the direction of development. Therefore, he gave direct answers to some questions, but many more were dismissed without deep thought. Anyway, there are many things that are imaginary nowadays, and to really perfect them, it will take countless technicians to solve many real problems.
Without entering the stage of materialization, no one can prove that their development direction is correct. Of course, no one can prove what is true and what is false.
The second topic was taken off topic by Zhou You again, and this time, several people discussed it for more than half an hour before returning to the main topic and discussing the development direction of Google and Yahoo.
Yahoo's development is now mainly in the direction of portals and search engines, they occupy most of the search channels, but they are not satisfied, and want to change from a channel provider to a content producer. Jerry Yang threw a hydrangea at Trissemele, a Hollywood magnate with no Internet background and no technology, and asked him to take the helm of Yahoo in order to become a media company, not a high-tech company, and the core and operations of the entire company are further and further away from the right path.
In the beginning, Yahoo was essentially a content search company. But as it walked, Yahoo felt that it had to rely on its own content, so it headed for portals and media companies. And constantly develop new business, out of control. For more than a decade, Yahoo has not found a suitable positioning, the new business system is getting weaker and weaker, and the development ability has not been enhanced.
Bet on the wrong way to search, the future of content, and Yahoo loses a big picture. Later, it missed the content, the community, and the mobile Internet, which made Yahoo, which had a chance to win back a game, completely bury itself.
In the fast-growing Internet industry, failure to adapt to changes will be ruthlessly eliminated. However, Yahoo, which is on the cusp of the storm, has not made efforts to focus on technological innovation. Yang Zhiyuan once correctly predicted that in addition to e-commerce, community, content, search, and personalization are the four strategic cores of the future Internet, but Yahoo has not overcome any of them in technology.
Soon, Yahoo lost to Yibai in auctions, Google in search, Craig Lists in classifieds, and Facebook replaced Yahoo as the homepage of millions of people's browsers. These changes were eventually reflected in ad revenue, and Yahoo's revenue growth quickly stalled. As a result, Google, which used to be Yahoo's younger brother, once wanted to sell itself to Yahoo for a billion dollars, surpassed Yahoo's Facebook.
Of course, there are also some reasons behind this by the US government. Jerry Yang's Chinese identity, he is bent on taking the road of internationalization, and the abandonment of the American corporate label makes the US government uneasy, so he will later vigorously support Google, which has close ties with the government.
Zhou You made it clear that if Google wants to surpass Yahoo, it must insist on specialization, buy patents and technologies, and become an irresistible giant in its own field. Only in this way can we distance ourselves from other companies.
Yahoo now wants to be bigger and more comprehensive and develop horizontally, so if Google wants to surpass Yahoo, it must be specialized and refined and develop vertically.
This was also recognized by the two founders, who talked in the room until two o'clock in the middle of the night before finally ending the conversation without getting enough of it.
In this meeting, Zhou You almost took out all the things at the bottom of the box. But the effect is very good, at least, and now the position of Zhou You's shareholder is completely stable.
Now, even if there is external pressure to reduce Zhouyou's shares, the two founders may not easily agree, because they have regarded Zhouyou as a beacon for the company's development.
If Zhou You was willing to condescend to the chairman of the company, the two of them would not hesitate to agree, because there is nothing more important in the development of the company than a helmsman with a unique vision and keen touch.
But this is obviously impossible, Zhou You will not come to be the chairman of Google, he has more affairs than anyone else, and a Google is obviously not the whole of his life.
At the meeting on the second day, after listening to the work reports of the two founders, all the shareholders who attended the meeting agreed to reject the plan of Microsoft's acquisition, and at the same time, they also agreed with the mutual shareholding with Baidu.
On the issue of the company's listing, Zhou You had a fierce confrontation with the two founders. Because these two technical controllers are bent on using the auction method to go public, this can save a lot of shares, but this greatly harms the interests of the underwriters.
And in the United States, large financial institutions really can't be offended. In his previous life, because of Google's approach, not only did he offend Goldman Sachs, who was bent on supporting Google, and let the other party out, but even Morgan Stanley and Credit Suisse First Boston, which were the lead underwriters of the IPO, also treated Google's listing negatively.
As a result, Google was valued at $25 billion in 2003 and $38 billion in the first half of 2004, but its listing was repeatedly frustrated until October, and its stock price was severely suppressed, only $23 billion.
Doing so is a lose-lose situation, and in fact Google's interests are hurt even more. Because the value of the stock was suppressed, those investment institutions vigorously ate it, and by the end of the year, that is, two months later, Google's stock price had doubled, and those financial institutions still got what they wanted.
Zhou You insisted on going public in the traditional way and ceding some of its interests to financial institutions, so that Google's stock price would not be suppressed and would be treated in a focused manner. The detours taken in the previous life, Zhou You don't want to go through it again.
At this point, most shareholders are in the same sense as Zhou You, and Sequoia Capital and other institutions are well aware of the damage to the market caused by the ideas of the two founders. Breaking with tradition means rebellion, it means not being easily accepted by tradition, and it is purely a lose-lose situation.
After a heated debate, the two founders finally compromised in the face of reality and decided to underwrite the listing in the traditional way.
For this reason, Zhou You was still very happy when he left the United States. Because of his influence, another major event has been changed, Google will certainly not delay until the second half of next year to go public, and the stock price at the time of listing will no longer be just over $20 billion.
(To be continued.) )