Chapter 255: Benefit Sharing

Apple is different from Yahoo, Yahoo is Zhou Xin took the initiative to remind Yang Zhiyuan of the importance of mobile Internet.

Apple, on the other, realized that the mobile Internet could become the future after seeing the Mphone1.

Before and after the launch of the Mphone1 app store, Zhou Xin would talk to Yang Zhiyuan about this topic every time he met with him, hoping to make Yahoo a member of the MOS ecosystem.

Yahoo is not as good as it was at the end of the 20th century, standing on the throne of the Internet first and looking down on other Internet companies, and now Yahoo is the head of the second-tier technology enterprises in Silicon Valley and the tail of the first-tier technology enterprises.

This does not mean that Yahoo is not important, Yahoo is still a large Internet company with a lot of cash flow and a large number of partners, if it can take the initiative to become a member of the MOS ecosystem, it will be of great help to the improvement of the MOS ecosystem.

Another important reason is that Zhou Xin hopes that Yahoo will not fall so quickly, and he does not want to see the global search engine market dominated by Baidu.

It does sound strange that Baidu can dominate the global search engine market, but it is true, after merging with Google and going public, Baidu has become the role of Yahoo before, calling the wind and rain in the capital markets of Silicon Valley and the Internet.

If Yahoo is given enough time and resources to develop its search engine technology to a level that is not much different from Baidu's, then Yahoo can make trouble for Baidu in the search engine market, and even threaten Baidu's dominance.

Zhou Xin hopes that the situation in Silicon Valley will be more chaotic, and the fewer monopoly enterprises the better, and if a few Internet companies such as Google, FB, Apple, Microsoft, and Amazon are formed, it will be too boring.

The fewer monopolies, the more room for NewPay and Mphone to play.

"Mobile Internet is the future, this is not my subjective speculation, this is the law of development in the real world, compared with computers, mobile phones can be used anytime and anywhere.

For users, they need to find the computer, then sit in front of the computer, turn on the computer, open the web page, and log in, before they can get feedback. Mobile phones are different, people carry their phones with them, and even the step of turning on the phone is omitted, and they only need to gently open the screen and click on the app to get the latest feedback.

The time it takes for each user to get feedback and give it is greatly reduced, and the advantage is not simply additive, but the effect of one plus one is greater than two.

Jerry, the mobile Internet is the future, Yahoo is currently difficult to compete with Baidu in the traditional Internet field, the mobile Internet is different, this is a gold mine that has not yet been explored. ”

This is the original words of Zhou Xin and Yang Zhiyuan when they talked, of course, for Yahoo and even Yang Zhiyuan, it is naturally impossible to change their strategy simply because of Zhou Xin's words, Zhou Xin's words just gave Yang Zhiyuan new inspiration.

For Yang Zhiyuan, he even has to wonder if Zhou Xin has ill intentions, after all, Zhou Xin is Baidu's largest individual shareholder, and he holds even more shares in Baidu than Baidu's founder, Robin.

Could this be to get Yahoo to give up its ambition to compete with Baidu in the traditional Internet field?

After Yang Zhiyuan returned, he organized the company's internal and external business consulting institutions, technology media, etc., and made a detailed due diligence report.

The report found that Mphone1 users spend an average of half as much time on the mobile Internet as the traditional Internet, and Mphone2 users spend more time on the mobile Internet than on the traditional Internet.

This makes Yahoo, which has already entered the field of mobile Internet, even more determined to make a big turn and elevate the mobile Internet to a more important position than the traditional Internet. As for why Zhou Xin reminded Yang Zhiyuan, Yang Zhiyuan can only understand that in Zhou Xin's heart, Matrix is more important than Baidu.

It's normal to think about it, Matrix is a pro-son, Baidu is an adopted son at best, or an adopted son who is fostered in someone else's house.

Zhou Xin and Steve Jobs put it another way: "Smartphones are an important development direction in the future.

But Apple does not need to rush into this field, smartphones and music players are different, requiring a lot of investment, and if Apple fails to enter rashly, it will have a great negative impact on the company's overall business situation.

Apple can wait a little longer. ”

Zhou Xin, as the major shareholder of Apple, naturally makes sense to say this, Apple is unbeatable in music players, occupying more than 70% of the high-end market, and Sony is out of breath.

It is precisely because of the good performance of iPod2 and iPod Zero that the Bluetooth chip produced by Xinxin will open up the situation in the market so quickly.

At first, Jobs thought it was because Zhou Xin didn't want Apple and Matrix to compete directly in the smartphone market, after all, one of the shares belonged to Zhou Xin, and the other was a large number of shares held by Zhou Xin, so he could avoid head-on competition in a differentiated way.

He even wondered if it was because Zhou Xin thought that Apple was a powerful rival and did not want Apple to enter this field, but it was not arrogant, since Zhou Xin would buy a large number of Apple shares, indicating that he recognized the value of Apple.

After the Mphone2 came out, Jobs no longer thought so, because the Mphone2 was almost his ideal mobile phone form, and it was difficult for him to imagine how to compete with the Mphone2 head-on in the smartphone field.

Not only that, if it is to compete with Mphone1, Jobs estimates that it will cost at least $500 million in research and development, and it will take about two years to achieve a comprehensive breakthrough and gain a firm foothold in the smartphone market.

After seeing Mphone2, Jobs couldn't estimate how much money he had to invest in research and development to occupy a place in the mobile phone market.

As a new player in the smartphone market, it is difficult for Apple to compete head-on with Mphone2, but this does not mean that he has to give up, but it has strengthened Jobs' determination to make smartphones.

Because Mphone2 has perfectly revealed the prospects and development direction of smartphones, there are not many markets with such potential and blank space, and the market for music players is too insignificant compared to mobile phones.

"That's right, Apple will enter the smartphone market, and we are already building a team internally to start working on it." Since the release of Mphone2, a lot of Jobs's Weibo content has revolved around smartphones and Apple's smartphones.

When Mphone2 attracted the attention of the entire Silicon Valley and even the world, Zhou Xin was negotiating the first round of financing of Matrix with various investment institutions.

After the news came out, the entire Wall Street boiled like a frying pot, originally thinking that Matrix had nothing to do with them, after all, it was the consensus of Wall Street that Zhou Xin was not bad for money.

Goldman Sachs deeply regretted why he gave Zhou Xin so much cash at one time.

Under the leadership of Goldman Sachs, Time Warner spent $70 billion to acquire Quora from Zhou Xinju, which was an opportunity of the times. At that time, Goldman Sachs had already smelled the crisis that the Nasdaq was hiding under the flowers.

Goldman Sachs is not a small institution, but a top institution alongside Morgan Stanley, JPMorgan Chase, Citigroup, Merrill Lynch and other institutions, and any wind and grass in them will cause a strong response from the market.

Under such a premise, it is almost impossible to get out of the Nasdaq crisis, and the acquisition of Quora is Goldman Sachs' strategy, under the pretext of acquiring Quora, selling shares of Internet companies in the primary and secondary markets, and some of the cash obtained from these shares becomes part of the acquisition of Quora.

In the acquisition of Quora, Goldman Sachs only needed to participate in part of Time Warner's financing, and other investment institutions also participated in the matter, only paying a small price, and sold most of the risk assets at hand before the crisis came, which is the strategy designed by Goldman Sachs to hide from the sky.

The final result proved that Goldman Sachs' strategy was extremely correct, becoming the top financial institution with the smallest losses under the Nasdaq bubble, becoming the best earner in that period, and actively detonating the bubble even made Goldman Sachs a conscientious institution in the eyes of American shareholders.

The only thing he didn't expect was that Zhou Xin's follow-up development was so rapid, and after getting 70 billion US dollars, Zhou Xin no longer had to rely on venture capital institutions, but venture capital institutions begged Zhou Xin to give him money.

So when it comes to making every decision, there is no absolute good or bad, you can only make trade-offs based on the situation at the time.

Didn't Goldman Sachs know the value of Zhou Xin in the Internet field when it made this decision? Obviously, they knew, but at that time, this value was not comparable to their investment in Internet companies in the capital market.

"Newman is too shrewd, he knows how to share benefits at such a young age, and compared with Newman, the founders of other Internet companies still take interests too seriously in their thirties."

"I don't think money is important to Newman, the joy of creating, the control of the business, and staying ahead of the times should be more important than the monetary gains.

But it's different for us, money is power, it's a social resource, we must participate in Matrix's financing, compared with traditional mobile phones, the advantages of smartphones have been very obvious, and Matrix's position in this field is equivalent to Microsoft's position in the personal PC era.

We missed the early Microsoft and can't miss the next Microsoft, and the mobile phone will be no less than the huge market of the personal computer. ”

When Microsoft went public, Goldman Sachs was Microsoft's sponsor and market maker.

A market maker is a licensed dealer in the securities market who continuously quotes the buying and selling prices of certain specific securities to investors, accepts the buying and selling requests of public investors at that price, and uses their own funds and securities to trade securities with investors.

To put it simply, it is a market maker in the secondary market, Goldman Sachs participates in all Microsoft transactions as a market maker, whether it is buying or selling, the proportion of traded stocks remains above double digits, which is a very amazing number.

Goldman Sachs had a lot of money in the process of Microsoft's listing, but there is still a regret, that is, Goldman Sachs did not participate in venture capital in the primary market before Microsoft's listing.

That is far more efficient than working as a coolie in the secondary market.

"What Newman wants, Goldman Sachs can also give him, we have been operating in Washington for decades, Newman works with us, we can help him distribute the benefits perfectly."

"I still don't understand how Newman, as a Chinese, understands the rules of the game in Washington so well, and Matrix has only shown its potential, so he thought of tying up more people to help Matrix's development.

If Bill Gates could understand this truth back then, things would not have ended up like this, and he would not have been forced to leave Microsoft. ”

"Yes, what surprised me the most was that Newman didn't understand this truth until he got started, but he understood it from the beginning, Riot Games and Microsoft shared the benefits, Quora said to sell without hesitation, and I even later doubted that Newman would still sell it to us even if we didn't offer such a high price.

NewPay is also the first to share benefits with investment banks, Newman knows how to share every step and how to use the power of others.

Other entrepreneurs, especially young entrepreneurs like Newman, are almost always arrogant, and only when there is no way to do so, they will think of using external forces.

There is no way here, not to say life and death, but like they want to expand and lack funds, they will not find a way until that point in time, Newman can always predict the development stage of future events long in advance, and think of countermeasures in advance.

It also makes it almost impossible for us to control Newman. ”

"Newman is special, he is so unique, that's why Wall Street takes Newman's project so seriously, even if it's a project with very limited investment and returns such as building a fab in China.

If it weren't for Newman's title, this kind of project would only be seen by those manufacturing companies, how could Goldman Sachs and Citigroup be involved. ”

When Zhou Xin revealed the news that Matrix was going to accept external financing through the mouths of Bill Gates and some Wall Street executives, financial institutions around the world from Wall Street to the City of London to the financial center of the Lion City moved.

However, only the top financial institutions of Americon are eligible to participate, they are the best resource brokers, and only they can help Zhou Xin find the families and institutions that have the most social resources at Ameriken, and can act as intermediaries to smoothly convey benefits to these organizations, and by the way, they will rub a layer of oil in them.

Only by tying these people to the chariot called Matrix, which is actually Xinxin Technology, can Zhou Xin get enough time for development.

Exchanging space for time is a strategy set by Zhou Xin a long time ago, and this is also the strategy chosen by Huaguo later, why did he not join forces with the difficult brothers in the north to sell U.S. bonds in 08, to put it bluntly, it is to exchange space for time.

At that time, the sale of US bonds may have won a short-term tactical victory, but strategically it would have completely lost time.

Zhou Xin only chatted with those top investment institutions, because he knew that from now until 08, the Elephant Party will gain most of the power in Washington, so he will be more inclined to the traditional forces of the Elephant Party.

The Elephant Party itself lacks tentacles in Silicon Valley, and has begun to decline under the new medium of the Internet, although it was put together by Bush and obtained some power in the Internet field with the help of it, but these are not enough.

If you want to compete with the donkey party in the Internet field, this power is far from enough.

So when the news broke, the traditional forces of the Elephant Party were much more active than the Donkey Party.

I was going to add more, but there were too many trivial things on the weekend and I didn't find time to make time, and I found time to add more later, and the 4,000 words owed will definitely make up for it!

(End of chapter)