Chapter 082 - Looking for Management Talent

In addition to ICQ's preparations for going public, Mr. Wild also told Cang Yaozu that he had been contacted by Edgar Bronfman Jr. of Seagram, the parent company of Universal Pictures.

According to Mr. Wilder, Edgar Bronfman Jr. is also interested in ICQ. Now ICQ's many Jewish shareholders have made it famous in Jewish ethnic circles, and they all regard ICQ as their own sons, and there are many wealthy Jews who want to take a share.

In 1995, Edgar Bronfman Jr. bought 80% of MCA for $5.7 billion, when MCA was the parent company of Universal Pictures, and in 1998 Edgar Bronfman Jr. bought Polygram Records for another $10.4 billion. It's not a big deal, but it's all money-loss.

Edgar Bronfman Jr. wanted to get into the media industry, but when he did, he didn't do anything. Movies and music didn't play well, and finally merged Seagram and Vivendi, and then they were pitted by Vivendi, which was a complete tragedy.

Cang Yaozu has been dealing with the affairs of several companies in the past few days, and the person in charge of each company has to write a briefing to him, and if he has a different opinion, he needs to give instructions, or discuss it again or implement it immediately.

Since Cang Yaozu came to Citigroup in mid-December, the acquisition has not stopped, even during the Christmas holiday, and the holiday is a floating cloud in front of the acquisition. Successively acquired Hotmail, SanDisk, Marvel, Newton, MIPS, and created two companies, Netflix and Google, which is Cang Yaozu's record in half a month.

The reason why the money is spent so ruthlessly is mainly because the money in Cang Yaozu's hands is borrowed, and it is all about paying interest and income returns, if the money is idle in Cang Yaozu's hands for a long time, then he will lose to death. According to the fixed rate of return of 25%, it will only take 4 years, and Cang Yaozu will not have a single dollar in his hand, and he will have to return all the principal, which is terrible.

Therefore, money must be spent, and it is not possible to spend it, otherwise the interest and income returns alone can crush him, and money must be made and rolled up.

The companies acquired by Cang Yaozu are not big, and the profitability is not good, in the eyes of some people, they are not good stocks at all, but Cang Yaozu himself knows that this is what he thought about for many days before starting, and naturally there is no failure. Moreover, the acquisition has been cool for a while, and the acquisition has been cool, so cool that Cang Yaozu has stopped at all, even if just these acquisitions have made Cang Yaozu almost unavailable, but time is not waiting.

Melissa had just returned from Silicon Valley and complained to Cang Yaozu that she didn't have a day off during the entire Christmas and New Year holidays, and she was going on strike.

Cang Yaozu was speechless, everyone who should rest has rested, isn't it a break to participate in the drinking party? Forget it, it's rare that Melissa, a workaholic, doesn't want to work, so let's take a break.

So today the two of them came to see Jennifer Aniston renovate, Jennifer went to continue the discussion with the designer after making coffee for the two, she wanted to design a garage that could be driven underground, and also wanted to install an elevator, but the entrance to the garage and the elevator needed to have enough security.

Cang Yaozu and Melissa were lying on two lazy sofas in a viewing room in this villa, chatting without saying a word.

"You're hiring too slowly, you hire the right people and put them in the right places, and then you just have to make those important decisions, and it's never advisable to do everything yourself. It seems that I still have to build a corporate recruitment website, well, it can be called LinkedIn. ”

"I also want to delegate power, then there must be trustworthy people, and you are a piece of east and west, there are more and more companies, and the acquisition cases have been done one after another, and we can't digest so many companies. ”

"It seems that the bottleneck is still talent, let me think about it, this talent, in the field of science and technology? Well, the founders can't do it, these guys don't like to work for people, they work? Hey, I have a good candidate. ”

"Who are the candidates? You only know a few Citigroup social elites, it can't be the Reid you met that day or something, right?"

"It's not Reed, he just wants to be the founder, and it seems that this guy is really right by the name Lead. Although I haven't studied abroad, and I don't know those social elites, I really know a little bit about this candidate, she is very extraordinary, I think she can form the troika of my super business empire with you and Sister Li. ”

"Hey, it's still a super empire, a super empire with a lot of debt, is it also a woman? Tell me, I don't believe there are better female CEO candidates than me. ”

"This is really not worse than you, your advantage is in finance, investment and financing, mergers and acquisitions, but she is a good hand in the company's operation, you are a little more professional than her, she is a little more comprehensive than you. ”

"Heh, who the hell can make you so optimistic?"

"She and you are an alumnus, and she is also from Harvard Business School, and her name is Sheryl Sandberg, do you know each other?"

"She, of course I know, she graduated in the same year as me, although she is not in the same major as me, but she is very good, I joined Phi Beta Kappa in the same year as her, and her mentor was very optimistic about her and brought her into politics. Last year, her mentor, Mr. Summers, became Citigroup's deputy secretary of finance, and Sandberg served as the minister's chief of staff. ”

"What the hell is Phi Beta Kappa?"

"The Citigroup University Honor Society, also known as the Honors Society of Fitauffy, has chapters in every university, and we are members of a chapter, and we usually have contacts, although not much. She is in politics and has a good future, how can she come to work for you?"

"What future can you have in politics, you can be president, and now Citigroup has never had a female president. Politics is very boring, let's formally invite her, once not twice, twice if it doesn't work, then five times or six times, and give her the position salary and share options.

I prefer to let her be the CEO of ICQ, and she will cooperate with you to complete the listing of ICQ, give her a 1% share option, and also give her a guaranteed repurchase clause, 1 billion US dollars guaranteed, only 3 years to become a billionaire, and go to NASDAQ to ring the bell, I don't believe she is not impressed.

By the way, she is also Jewish, and this can also be exploited, our ICQ company has a lot of Jewish shareholders. ”

"Heh, the two industries you are involved in are science and technology and film and television, there are many Jews, what's so unusual, many companies are like this. ”

"Anyway, this Miss Sherrill will be handed over to you, dig her up as soon as possible, let's create a big scene together, the helm of an Internet company with a market value of 100 billion must have an incomparable attraction. ”

"I thought this position was mine? Melissa shook her head slightly, expressing her disappointment.

"There are such positions. I feel like Sherillar is more social. You can be the CEO of Google, Google now has two things, spending money and R&D, R&D is in charge of Larry and Sergey, and you just take care of the finances.

Don't look at the initial stage, Google still needs ICQ to incubate, but Google is also a company with a market value of 100 billion, and the search engine will be the first stop for people to go online in the future. ”

"Google is also a company with a market value of 100 billion? Seriously? Ah Yao, if the companies in your hands are all with a market value of 100 billion, then you will be terrible. ”

"Of course, the head enterprise of the Internet is a portal like Yahoo, a browser company like Netscape, and an Internet access service provider like Mi Guo Online, but the Internet has been developing, and the future will be the world of search engines, social networks and e-commerce platforms.

Although Yahoo has a search business, they are just a little joke, and as soon as Google comes out, it is naturally a leading company in the search field.

ICQ's shares are actually very reluctant to be scattered, but there is no way, one is that I am short of money, and I can also lay out other industries in exchange for some cash, and the other is not to scatter some shares out, I am worried that ICQ will be stuck when it is listed.

Melissa, I can tell you clearly that the position of Internet companies is very important, if ICQ becomes the first instant messaging company to go public, then it can exert enough pressure on companies of the same type, as long as it does not make too big mistakes, the development of ICQ will definitely not be bad. In the future, the market value of 100 billion yuan is just the beginning, and the market value of 500 billion and 1 trillion yuan is the goal of struggle. ”

"The prospects are so good, aren't you afraid that those guys will see the money? For example, taking advantage of your lack of cash flow, putting pressure on you in other industries, and taking the opportunity to snatch your ICQ company? And then you will go bankrupt? You have so much debt, I think you can pay it back?"