Rebirth of Cyber ​​Hegemony

Vol 3 Chapter 1099: : Removal of Yahoo Chairman

We didn't follow, this sentence made Chen Yu extremely comfortable.

he knows.

The $500 million is not that Yahoo can't get it, but that Yang Zhiyuan didn't have the courage to come up with $500 million.

After all, Weibo is not Yahoo’s main business. Their main business is portals.

If you put it on the portal, they might still be able to follow.

But in other businesses, they can only shrink their strategy and compete with Huanyu Technology in a defensive manner.

But Yahoo is no longer the Yahoo of the year.

In the search engine business, Yahoo lags behind Google.

In the video business, Yahoo lags behind Universal Video.

In the portal business, Yahoo was gradually caught up by AOL.

Mailbox business, this is Yahoo’s first business and still has an incomparable advantage.

But the mailbox business is already a sunset business, and it doesn't have much strategic significance anymore.

Let's look at the others.

For instant messaging, Yahoo is completely marginalized.

For e-commerce, Yahoo is confused.

In the game, Yahoo seldom intervenes.

If you really want to say, some of the businesses that Yahoo can get are getting less and less.

In the future, if there are no surprises.

Yahoo may not even have much value in their portal business.

This is why Yahoo will sell itself for billions of dollars.

You know, Yahoo back then was a super giant with a market value of nearly $200 billion.

Time is also fate.

Many people in later generations analyzed why Yahoo failed.

He used to be such a bullshit.

He could have become Google’s old son and Microsoft’s son, but he sold as cheaply as his grandson, and eventually became an abandoned son of the Internet.

Some people say that Yahoo is not well positioned for itself.

Some people say that Yahoo has not seized the opportunity in the mobile Internet era.

Others said it was because of Yahoo's large organization.

No one can say what I really want to say.

Even Yang Zhiyuan, the founder of Yahoo, can't tell.

This may be a philosophical question.

However, Chen Yu would not consider this philosophical issue.

But Chen Yu didn't consider it, others would consider it.

"Mr. Yang, Director Ferro has submitted an application for an extraordinary board meeting."

"What do you call a board meeting?"

"Director Ferro did not say clearly."

"Then refuse."

"But Mr. Yang, according to the regulations, Ferro's shareholding ratio exceeds 10%, and we have no right to refuse."

"This guy."

Yang Zhiyuan has some headaches.

Although this Ferro is a director of Yahoo, he has been arguing about Yahoo.

But after all, Ferro is also helpless about the proportion of shares represented by the capital.

Since there was no way to refuse, Yang Zhiyuan could only agree.

Yahoo held an extraordinary board meeting the next day.

Yang Zhiyuan is the founder and CEO of Yahoo, as well as the chairman of Yahoo.

He took the seat of chief.

Looking at Filo, Yang Zhiyuan asked: "Director Filo, I don't know what you want to do for this extraordinary board meeting?"

"I think Yahoo has had a problem with its recent operations, and I want to discuss it with you."

"I have always been in charge of Yahoo's operations, Director Ferro, do you have any suggestions?"

"I don't dare to advise, but there are indeed a few issues that must be resolved."

"Let's talk about it then."

Yang Zhiyuan didn't give Fei Luo a good face, he wanted to hear what Fei Luo wanted to do.

"I think we have not had much performance since Yahoo acquired Facebook, and spent too much money on Facebook, and Facebook does not have too many profitable points. He and our portal business do not have much. The intersection."

As soon as Fei Luo said, Yang Zhiyuan snorted: "Fei Luo, do you know the Internet? Facebook is a social networking site. Social networking sites have a natural stickiness to the Internet. Take a look at Huanyu Group's Friends Network. They are just the market value of a Friends Network. It's hundreds of billions of dollars."

"But it's Friends.com, obviously Facebook is not as good as Friends."

"Although it is not comparable, social networking is a major trend in the future, and we must promote it in this area."

"But the money spent is too big."

"No matter which aspect does not need to spend, what the Internet fights is money."

Yang Zhiyuan was angry when he said about this expense.

This made him think of talking with Chen Yu again.

Isn't Chen Yu threatening him with money?

If it wasn't for the capital behind these guys like Ferro to be JJYY in front of him, it would be impossible for him not to follow up.

Facing Yang Zhiyuan’s questioning, Filo did not distinguish Yang Zhiyuan, but continued to say: “Second, Yahoo’s main business is portals and mailboxes. I think we should focus on portals and mailboxes. But for some time now, We at Yahoo do almost everything. We have to do search engines, social network lines, and e-commerce to follow up... Although this seems feasible, these entries have delayed our main business. At present. AOL's IP traffic has already surpassed our trend. If it is really overtaken by AOL, it will definitely be a disaster."

"Filo, what you said is right. So, you're going to be the CEO of Yahoo."

Yang Zhiyuan sneered.

Regarding the second point, he didn't bother to argue with Filo.

If Yahoo does only portals and mailboxes, it will die.

The Internet business is so large, if the various businesses are not deployed, the future Yahoo will have no place in the entire Internet world.

In fact, the listing of Huanyu Group greatly stimulated Yang Zhiyuan.

They are clearly the world's number one Internet company, but why is the market value far lower than that of Huanyu Group.

They are obviously the role models of the world's Internet companies, but any friend network, Huanyu Video, or Weibo can take them down.

It is precisely at this point that he wants to enter this area even more.

"Of course I don't have this ability."

Ferro shook his head and said.

"If you don't have this ability, then leave the meeting."

Yang Zhiyuan didn't want to say anything with Filo.

He is the founder of Yahoo, the chairman of Yahoo, and the CEO of Yahoo.

What Yahoo wants to do, how to do it, and how long it will take is his business, and it has nothing to do with others.

It's just that Yang Zhiyuan thought so, but the following sentence made Yang Zhiyuan's heart stunned.

"Mr. Yang, the meeting has just begun."

"how?"

"Mr. Yang, as you said, I naturally don't have the ability to serve as Yahoo's CEO, but I think we can hire a new CEO."

"Hire a new CEO?"

Yang Zhiyuan stared at Filo.

He naturally knew what Ferro meant.

Although he is the founder of Yahoo, he is also the chairman and CEO of Yahoo.

But this is not the most important thing ~www.wuxiaspot.com~ Who has the final say in the company, not the founder, nor the chairman, nor the CEO.

It's shareholders who have the final say.

Which shareholder or group of shareholders holds the highest proportion is determined by which one.

Once the shareholding ratio of certain shareholders has reached a certain level, the chairman can be dismissed and a new CEO can be hired.

If Yang Zhiyuan's holdings of Yahoo shares are relatively large, there is no need to worry about the removal of the chairman.

But if your shareholding ratio is relatively low, sorry, every minute you are in danger.

Yahoo's development was pretty good before, and Yang Zhiyuan was fine.

But once Yahoo's development is very mediocre, then there is a problem with Yang Zhiyuan as the chairman and CEO.

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