0685 Timing of listing

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For Eric who followed from the sidelines? Schmidt, Robin Li, Sergey? Brin, Larry? For Goog1E executives like Paige, they were both curious and in awe of the woman, who had so many formal and "unofficial" titles that they couldn't help but cheer up.

For example, her unofficial title has "Imperial Empress", compared to Zhang Ruoxi's "Hidden Queen", the meaning is completely literal! said that she was not Song Chen's favorite woman, who would believe it? In addition to the "Empress of the Empire", this woman also has playful titles such as "Song Chen's Mistress", "Song Chen's Executor", "Prime Minister of the Chinese Business Group", and "Imperial Prime Minister......

And what really makes the people of the Chenxing system feel awe-inspiring is precisely the official title! After stepping down as the president of China Chenxing Group, she has the following titles on her head: "Vice Chairman of China Chenxing Group", "General Manager of Hong Kong Chenxing Group", "Director of Strategic Planning Office of Hong Kong Chenxing Group!" Especially for the last title, the newly established Strategic Planning Office consists of three major authorities: the Finance Group, the Human Resources Group, and the Strategic Planning Group!

The finance team is responsible for all capital flows inside and outside the group, and has the right to take care of the daily operations, investment and M&A projects of its subordinate units!

The HR team is responsible for human resources policies and employee welfare, and has the power to appoint president-level managers under Song Chen's approval, while the personnel authority of the middle and lower levels is returned to the company's supervisors, so as to avoid the abuse of power in the strategic planning office and conflict with the relaxed corporate culture of the group's subsidiaries.

The strategic planning team plans the long-term strategy of the group and its subsidiaries, and this authority will fully reflect Song Chen's control and implementation of the strategic direction of the subsidiaries! It is worth mentioning that this authority also acts as an intelligence center, and some members of its subsidiaries around the world will receive business intelligence locally and report it in writing to the Strategic Planning Team!

Originally, it was planned for Zhai Yan to manage the three core departments of public relations, legal affairs, and supervision while managing finance, personnel and strategic planning, but in this way, Zhai Yan's power was too great, although Song Chen was not worried about the situation of "the tail is difficult to fall". But I don't want Chenxing Group to give outsiders a "top-heavy" wrong impression! As a result, the functions of the original strategic planning office have been greatly reduced.

Even the chairman's office, which was supposed to be set up under the strategic planning office, that is, let Fan Xue and Idei Ayaka give Zhai Yan a hand, but after Song Chen's consideration, it was also stripped out and still reported to him alone! In this way, this office is still a "Qingshui Yamen" with limited power, not to mention that Zhai Yan, who wants to control Song Chen's "office lace news", is dissatisfied, even if she doesn't want to be a subordinate to Zhai Yan, Izui Caixiang has complained to Song Chen many times: "What about the 'responsible aspect'?" ”

Song Chen could only comfort her, and at the same time vowed that "in the near future" she would definitely become a strong woman standing in the foreground!

Such a position setting not only allowed Zhai Yan to continue to exert influence to control the Chinese business group, but also shrouded the entire Chenxing system, truly becoming the "imperial queen" under one person and above ten thousand people. The power is boundless!

Of course, as a check and balance on this huge power, the decision-making level of the two groups in China and the United States are the core members of the strategic planning room, among them, Cai Chongxin, the new president of China Chenxing Group, is also the deputy secretary-general, and firmly occupies the position of "Chenxing third person"! Goog1e Chairman Eric? Although Schmidt later joined Chenxing, Song Chen deliberately used his knowledge of the engineering profession and the international market to make him the director of the "Strategic Decision Committee" and the director of the Nomination and Remuneration Committee Liang Zhiquan. Andrew, Director of the Audit Committee? The three Freeman are in charge of the relevant work of the two major business groups in China and the United States, and report directly to Song Chen!

The power of several core executives infiltrates each other, such as Andrew, the financial officer of goog1e? Freeman, Tong GuΓ² Audit Committee can intervene in the audit work of China Chenxing Group. All investments and finances in China are subject to the right to intervene; On the other hand, Tsai Chongxin, as the second candidate in the strategic planning office, gave Andrew ? Freeman still has the power to wear small shoes!

The members of the strategic planning room are all core or veteran members of the Chen Galaxy company, and there are certain qualifications restrictions. Ensure that the team members resolutely implement the strategic intent of the headquarters, while violently interfering with the local company, is disgusting!

Arguably. In this reorganization of the power structure, the elites who joined the Chenxing Group earlier had their own gains, and they all found their own positions in the seven newly established departments of the secretary's office, forming a "responsible strategy after the emperor's management; After the minister, the implementation of the strategy", the three committees in a relatively independent posture to balance the strategic planning office.

On the one hand, such a power structure prevents possible ** behaviors, and on the other hand, it is also a surveillance of each other, preventing one person from monopolizing power and reducing Song Chen's influence on the group!

It's just that in this way, the stacking of power will inevitably produce the side effects of unclear rights and responsibilities, and when encountering mutual accusations, it will be necessary to test Zhai Yan's means and control power! What Song Chen can do is to combine his strategic vision with Zhai Yan's execution to ensure that the direction of the entire group moves forward along the blueprint he has set up!

Different from the landscape scene outside the building, the building has a unique landscape, with black, blue, red, yellow, green, orange, pink and other multiple colors forming hundreds of meters of pipes running through the entire building! They are painted in different colors not only for the sake of beauty, but also to easily distinguish the purpose of each pipe.

For example, the bright pink pipes are the cold water pumped from the chiller, while the green pipes are the hot water sent to the outdoor cooling towers...... In addition to these colorful pipes, there are also white high-pressure water pipes, which are cleaned and filtered, so that in the event of a fire, this clean water will not contaminate the electronic equipment!

In addition to the fact that the water from these high-pressure pipes is clean, some of the cooling pipes do draw unprocessed, muddy water from the outside rivers with the simple aim of using alternative water sources to avoid wasting drinking water, which is sufficient for cooling.

Although this water is also treated, the process is much simpler than drinking water.

The pipes are not the only ones in the center, and the cables are also regularly colored, which makes it easier and more efficient for the employees to work in the center.

Under the guidance of the person in charge of the data center, Song Chen and his party walked through the long corridor and entered the server room! More than 4,000 servers are neatly placed on the stands, and thousands of 1Ed lights are flashing blue, which is spectacular and beautiful!

The number of centers is measured in containers, and one container can hold 1,100 assembled servers. A number of containers can be placed in one computer room, because the center has just been in operation, and there is still a lot of space outside!

Although there are large air conditioners and water cooling equipment that constantly send circulating cold air in, and plastic chains keep the cooling air in the computer room and block the heat outside, this computer room covering thousands of square meters still gives people a very stuffy feeling!

Eric? Schmidt said proudly: "There are about 45ooo servers assembled and launched in this center, including Chenxing Network, IBM blade servers and assembly servers entrusted by Alibaba Group, close to 5ooo units!" There are still more than 2,000 of our own GOOG1E compatible servers that are still being assembled, and these huge computing power can temporarily meet the business of GOOG1E and our brother companies! We at the Ministry of Energy have also applied for electricity support from Nextera Energy to cover all the electricity consumption here! ”

Zhai Yan said thoughtfully: "It's like a whirlpool devouring a huge amount of electricity here, just supporting the power cost of the center. At least a few million dollars a year, right? ”

"A few million is enough at present, but in the future, there will be more construction of the center, and the scale of the server will also be huge, I am afraid that the cost of this area will be at least 100 million!" Song Chen shook his head, his expression was not heavy, but he looked very free!

Eric? Schmidt and the others nodded yes.

"When I first acquired the land, because the land price here is relatively cheap and the tax is not high, there is still a lot of vacant land waiting to be built in the entire ShujΓΉ Center!" Robin Li said. "We have a certain amount of redundancy in our current data processing, and when all the hardware we purchase is assembled, there will be about 10,000 servers, which is estimated to be the most optimistic growth rate of goog1e at the moment. At least three years, there is no need to worry about the number of jΓΉ processing ......"

Before Robin Li finished speaking, Song Chen shook his head and said, "No! Not enough! ”

Isn't that enough? Eric? Schmidt and the others looked at each other, even Zhai Yan couldn't help but want to complain that his man was a little greedy!

Who knew that Song Chen smiled: "There is redundancy in server processing. It doesn't mean that this is a waste of investment strategy, on the contrary, this is a new business model! ”

Sergei? Although Brin was unhappy with Song Chen's preference for Chinese colleagues, he had no doubts about Song Chen's own genius. His eyes lit up and he asked, "Are you saying that the excess amount of jΓΉ processing can be sold to a third-party merchant!" ”

Song Chen said with a smile: "Assuming that Chenxing Network and Alibaba Group are in financial distress and have no spare funds for server and bandwidth investment, then the best choice is to hand over server operation and maintenance to a third-party IDC, which is a 'infrastructure-as-a-service' model similar to telecom services, and the disadvantage is that the profit margin is insufficient!" In addition, there are two better ideas, that is, we open the basic network facilities to third-party merchants, and also provide them with supporting services, such as our own platform application, we provide users with access to all or part of the application of WÈN, and we can also provide a complete application that can be used directly! The former can be called 'Platform as a Service', while the latter can be called 'Software as a Service'! ”

Eric? Schmidt was empowered, and he excitedly said, "For example, the enterprise resource management system...... It's a visionary and creative idea, and as a non-trader, you're a genius! If we can open an Enterprise Resource Planning (EPR), then we can save a lot of SMEs the pain of buying an expensive EPR system, because they can directly use our services and use the Internet to access our platform! Isn't it? ”

In the face of other people's admiring eyes, Song Chen, who had seen similar services from Taobao outlets, waved his hand, not at all arrogant, but waved his hand and said: "It's very simple to come up with some ideas, and the implementation of the details depends on your brainstorming!" At present, this digital center can temporarily meet the basic needs of our North America, South America and even the world, but in this way, Europe, which also has a huge number of digital processing, is inevitably a little blank! So next year I hope to invest in a small number of centers in Europe! ”

Robin Li frowned slightly and asked, "Is it too urgent!" After all, we goog1e are not listed companies, and investing in this number of centers has made it difficult for us to do so, unless you complete the financing work with Meisheng Group and SoftBank Group! ”

Song Chen shook his head and said, "At the beginning, Paypa1 introduced the capital of Meisheng Group for ARM, and our negotiations with Meisheng Group about GOOG1E and Baidu have not yet been completed. Once Meisheng Group becomes the third largest shareholder of GOOG1E, and SoftBank Group will definitely pursue it in order not to dilute its equity, then I don't want to introduce other venture capital for a few years! ”

Zhai Yan heard the sound and knew the elegance, and said with a smile: "I finally decided to let go, I don't want to drag it out any longer?" [Note: When I first wrote that Song Chen introduced the capital of Meisheng Group, I looked back and only wrote the A round of financing of Paypa1 and omitted the B round of financing of Goog1E and Baidu (the first round was started by SoftBank), which is a big mistake, and I apologize here!] And began to prepare to fill this pit - looking back on the previous article, there are really a lot of pits...... Some can be turned around, and some can only be seen by the general! 】

Song Chen nodded: "The budget for investing in this center is 800 million US dollars. Since the facilities and equipment inside are not fully installed, there are still 300 million US dollars not yet put into use, plus GOOG1E still has 300 million US dollars in cash and cash equivalents on its books, it stands to reason that the liquidity is quite sufficient! However, taking into account the investment plan of the European Digital Center and the budget for the acquisition of the company, and considering that the huge amount of 800 million US dollars is the exhibition capital borne by the two major shareholders of the headquarters and SoftBank in proportion, I think it is more appropriate to show our sincerity to the Meisheng Group now! ”

Speaking of which, Song Chen's vs Eric? Schmidt, Larry? Page and others laughed: "And I know that many middle and high-level employees of goog1e have long been looking forward to the company's option incentive plan, I can't help but say something!" ”

Larry? Paige, Sergey? Brin. Robin Li, Goog1e Human Resources Officer Zachi? Roy Rig and other high-level executives had different excited expressions, but Eric? Schmidt and Andrew the Treasurer? Freeman shook his head together, Andrew? Freeman said: "Regardless of the external capital environment, it is not optimistic. Judging from the internal exhibition plan, goog1e is not suitable for listing in the next few years, unless the boss is willing to put goog1e on the chopping board and let Wall Street slaughter! ”

"Oh?" Song Chen looked at Andrew, who was forty or fifty years old but in good spirits, rather surprised? Freeman, asked with a smile. "Freeman, then you see, when is it better for goog1e to be listed?"

Andrew? Freeman vs. Eric? Schmidt apparently communicated several times. They looked at each other, and then muttered: "When our goog1e company has an annual revenue of $5 billion, then Wall Street will give us at least 8 times the price-to-earnings ratio and a valuation of $4oo billion!" Only then can we get more active bargaining power from investment banks! On the contrary, the gentlemen of Wall Street will seek a price that we should not have paid but cannot afford to pay in the process of our IPO! ”

This is Lao Chengmouguo's words, and it is also an answer that Song Chen has not thought of, he asked meaningfully: "Then what do you think of the listing of Chenxing Network, Ctrip.com and 8848?" ”

Andrew? Freman said proudly: "Benefiting from the Internet bubble economy that became crazy at the end of the 2O century, including Ctrip, which has already achieved net income from the beginning, whether it is 8848 or Chenxing, the stock prices of the three companies are high and not worth scrutinizing!" At this time, whether it is slaughtered by the investment bank or not, there is an extremely huge arbitrage space for the parent company! And I know that the boss had already cashed out billions of dollars when the shares of the three major listed companies were at the highest price before the collapse of the NASDAQ market, which is a well-known thing, and there were many news in the newspapers at that time! ”

Song Chen nodded.

Andrew? Freeman smiled and continued: "After the collapse of the NASDAQ stock market, although Internet companies were full of grief, large Internet companies with huge scale and stable operations survived! At this time, whoever is tougher and smarter can survive this economic crisis! What makes our goog1e more attractive than Chenxing Network and 8848 is that we have achieved good revenue as early as 2ooo year, and if it weren't for the huge financial deficit caused by the JΓ™ Center plan, our company can be called the most beautiful company since the NASDAQ stock market crash! Under such circumstances, we cannot voluntarily stretch out our heads and let those well-dressed speculators slaughter our brainchild! ”

Eric? Schmidt also said with a smile on his face: "This is also my advice, I think, if the listing is unavoidable, it is better to choose the most favorable time for us to go public!" ”

Song Chen and Zhai Yan nodded again and again after hearing this, and Zhai Yan asked: "There is a question, if goog1e is not listed, will it be troubled by enterprises, the masses and the government on sensitive ** issues?" (To be continued......)