Rebirth of the 92 Business Tycoon

"In the past, I only heard you say how good these people are. I didn't expect them to do this kind of thing. They are not grand at all," Feng Yuxuan said with some disdain when Feng Yiping talked about it during dinner.

"It has nothing to do with the atmosphere or not,"

No matter how busy these two days are, Feng Yiping will definitely insist on coming back for dinner. My sister is so easy to come over, so she can't keep her from seeing her all day.

In addition, the food level at home in the past two days has obviously improved to a higher level. The dishes they cooked together really tasted better.

"You, it's going too smoothly. Our wedding company is currently the strongest company in China, and you are not the leader of the wedding company, so you can't feel the pressure."

"But you can imagine that if you were to start a wedding company in a provincial capital and compete with Jiasheng, which has an absolute advantage, you might understand some things."

"Don't just see the success of those big companies, and don't think that these things Page and the others do are very stingy because we have gone too smoothly and are already at the forefront of the industry."

"You can't realize the pressure of a small company to survive and develop in the cracks under the pressure of a giant, and you can't imagine how many successful big companies have killed many competitors-we may have done it too. A lot of such things,"

"You are more familiar with the wedding industry, and you must have heard of it, because we have an increasing market share, and some wedding companies with insufficient strength and general competitiveness have closed down, right?"

"If you want to talk about this, that's true," Feng Yuxuan said, "and more than one family was dumped,"

"However, I don't think that those companies were driven to death by me. They just use their non-standard management. From bosses to employees, their eyes are always on money, and they don’t care about satisfaction and reputation. collapse,"

Feng Yuxuan didn't want to smash other people's jobs on her back.

"Yes, we did not deal directly with the companies that failed, let alone stumbling on them, but do you know how many times Yahoo has played against Google? Let alone, because of Yahoo’s prosecution, the two companies are still fighting. lawsuit,"

This is also the usual method used by powerful companies to deal with less powerful competitors, usually by initiating patent litigation.

The victory of these lawsuits is not the most important thing, the main purpose is to disrupt your deployment, so you have to invest a lot of manpower, material and financial resources to deal with these protracted lawsuits.

Such a method is no stranger to Feng Yuxuan, because those domestic companies preparing to enter the world, without exception, have encountered such methods.

"Really, why are they so bad? What about the prosecution, will Google win?" Feng Yiping rarely mentioned these bad things before going home, and this was the first time Huang Jingping heard it.

"This is not the first time. It is still the same old tune. He thinks that some search technology used by Google infringes his patents. As for winning or losing, it is hard to say. Even if the state judges Google in victory, he can still choose to sue in the federal court. To put it bluntly, it mainly interferes with you and disgusts you."

"If a company of average strength, just these lawsuits can drag you down for a living,"

Feng Yiping now understands a little bit about why Peppa and Brin later insisted on making the prospectus out of date, and some literary youths wrote the seemingly imaginary "do not be evil" clause.

This not only means that Google will stick to more bottom lines in the future, but also that it will not do to others as it does not want to, and will not put pressure on other Internet companies that would cause them to close down.

Seeing that her younger brother was talking eloquently, Feng Yuxuan smiled, "Don't say that I don't understand anything. Why was I not willing to be in charge of the noodle restaurant at the beginning, because I still had this consideration?"

"Yes, you are wise," Feng Yiping was unwilling to expose her sister.

She didn't want to be in charge of the noodle restaurant, mainly because she could not keep up with her own ability. She faced a lot of internal pressure, not external pressure. There is no company in China that really threatens the taste of her hometown.

This is also a more comfortable decision Feng Yiping made.

Although Shaxian Snacks and Lanzhou Ramen are also blooming all over the country, the most common feature of these stores may be the same name.

Moreover, the taste of the hometown noodle restaurant that I created is more than an order of magnitude higher than the two in terms of grade, business philosophy and management mode.

Those two are still very primitive formats, and their hometown flavor noodle restaurants are truly modern chain enterprises.

"However, hearing what you said, I know how much pressure you are facing," Feng Yuxuan put down her chopsticks and rubbed her brother's head twice.

"For a genius like me, these things are nothing, hey, what are you doing?" Feng Yiping tilted his head and looked at his sister very dissatisfied.

"What's wrong, your head is still tiger's butt, can't you touch it?"

Huang Jingping looked at their siblings bickering, feeling very coke.

Feng Yuxuan thought a long way when she watched her brother touch her hair a few times.

It should be from when I went home before the Mid-Autumn Festival in 1993. I saw my brother again after a few years. At that time, his face was so spoiled and not surprised. Taishan collapsed without changing his face, and it seemed that everything was under control. Emoji.

It's rare to hear him gossip so much today, and I know how much pressure is hidden behind his common expression.

Even a noodle restaurant that has grown to a certain scale, is not bad for money, and is not fiercely competitive. It takes so much effort to manage it by itself. From nothing to running so many companies, how hard is it for your brother?

Moreover, he is not like himself. He feels tired and can't cope with it. He can pick and choose something lighter to do. He doesn't have such a chance.

Anyone in the group can pick up children, but he can't, and all the pressure below will eventually pass to his younger brother's shoulders more or less, but he has maintained this state for years...

For the first time, Feng Yuxuan deeply felt the difficulty of her younger brother.

Originally because he seldom accompanies himself these days, he still has some minor dissatisfaction. Now he can fully understand that he really doesn't want to accompany himself, he is really busy.

"Jin Ling asked me to persuade you to take time to go on vacation. Originally, I thought she was hypocritical, but now it is really necessary. Just these days when I came, look at you, you are busy all day long, so you have to rest well. rest,"

"I don't think, I've got used to it a long time ago, and there may be really no time for the rest of this year,"

Not to mention domestic and other businesses in the United States, such as NEXTDOOR, which has major adjustments every month, and more and more things will happen to Google, the just-started Tesla and solar power. The company... is getting closer and closer to the deadline for approval by the relevant agencies, and it seems that it will not fail to pass, and the follow-up work, it is enough to be busy with it, and it can also spare time and luxury On vacation?

"Don't take too long, even if it takes one or two days at a time? Let's change places and moods," Huang Jingping also said.

"I try my best, but I still hope I can finish what I need to do first, and I can play it comfortably for ten and a half days before or after Christmas, or before the Chinese New Year."

…………

After smashing the Yahoo together, Page and the others seemed to be in uneasy mood. They might not be able to sit down in front of the computer temporarily. The next day, they pulled Feng Yiping over for a meeting.

"Hi Feng," Schmidt met first, "Is there a meeting?"

Hearing his question, Feng Yiping naturally shook his head, "No,"

Mr. Schmidt, recently did another thing that made Page very hot. At a dinner in Silicon Valley, he did not bring his wife to attend, but brought a beautiful woman as a company.

This is his old husband’s hobby, but it turned out to be in private, and this is the first time it has been made public.

Page is quite uncomfortable with such a phenomenon-even Schmidt's wife has long ignored such things. So far, he has not spoken to Schmidt for several days. There are some meetings, even more Don't notify him unless you notify him.

That guy has such a bad temper.

Later, Brin, who had not yet divorced at the time, broke out an underground romance with Amanda Rosenborg, who was in charge of the development of Google Glass. This Amanda was later invested under Rebs, Google’s deputy in charge of the Android project. President, Hugo Barra’s girlfriend.

The married founder, and his girlfriend, is really messy to say-it is said that Hu Ge left for this reason.

After the mess was stabbed out, it is said that Page had ignored Brin, a good friend, for several months.

In fact, strictly speaking, Peppa himself is not very clean. It turns out that he and Meyer have been disconnected from each other, so they should not handle it well. Anyway, when Peppa got married, he didn’t invite Meyer. The same When Mayer got married, he also refused to invite Page.

It seems that something has changed now, maybe because of Feng Yiping's intervention in advance, Page has become busier now and has no time to continue hooking up with Meyer, and Meyer seems to be a little bit refusing to blend...

All in all, speaking of it, Google’s Big Three hasn’t really set a good example in some things.

The four people at the top of Google are just a clear spring, Feng Yiping thought.

Oh, no, he shook his head immediately, boasting that he would be slapped in the face, in this matter, he is no better than them, well, no one is perfect!

Schmidt would never know that Feng Yiping had thought so much at this moment, "What do you think of the listing strategy that I discussed with you these days?"

"I think it's good, but you also know that the key to these things is that Page and the others agree."

"At least after you agree, I will discuss with Page and the others."

"Why don't I drop by to explore Page and their opinions for you?"

"Then please, thank you!"

Watching Feng Yiping go to Peppa’s office, Schmidt was actually not very happy. I am too old to attend a banquet with a female companion. You, a young man, must also express dissatisfaction. Can you show me some respect ?

…………

"Feng, bring the door," the two good friends are there. After the Yahoo incident, Feng Yiping always feels that there are some small changes in the temperament of the two. They seem to be more mature and younger. Some, some contradictions, but, in general, it is still a good change.

"The three of us first talked about the issue of listing," as Feng Yiping expected, Page was also talking about this topic.

"Not Schmidt?"

"Let’s unify our opinions first," Brin answered his question. "Otherwise it would not be Schmidt attending the meeting. It is Sequoia and KPCB’s turn to attend the meeting, Moretz and Dole."

This too, those two, are authentic directors of Google.

"We have been thinking about the issue of listing, not to mention the details, there are two core points," Page turned on the computer and began to talk.

"First of all, in order to make our IPO pricing more reasonable, we don't want to give the pricing power to those investment banks on Wall Street, but instead want to use auction pricing, that is, Dutch auction pricing,"

"There are many advantages to doing this. It can guarantee the interests of our shareholders to the utmost extent, give retail investors the opportunity to buy our original shares, and reduce the commissions paid to investment banks accordingly."

"How do you feel Feng about pricing through Dutch auctions?"

"Now Google is qualified to use this method," Feng Yiping did not answer directly.

IPO pricing is the biggest problem facing listed companies. From the perspective of shareholders, if possible, of course, the higher the better, the more their wealth will be.

However, this is not that simple. The price is set too high. The most likely consequence is to scare away investors and make the issuance fail.

However, if the price is too low, the issuance is easier to do. However, this will greatly damage the interests of shareholders.

The most reasonable pricing is to look at the degree of rise and fall on the first day after the IPO ~ www.wuxiaspot.com~ or the degree of rise and fall for a period of time afterwards.

Regardless of other factors, the smaller the increase or decrease on the first day of the IPO, the more reasonable the price. On the contrary, the greater the increase or decrease, the more unreasonable.

For example, Du Niang was listed on the Nasdaq in 2005 and set a record of a 354% increase in the stock price on the first day. People who don’t know much about it may still cheer for it, "Look, our domestic companies , How popular and promising,"

However, Mr. Li and other shareholders of Du Niang must be bleeding in their hearts, fearing that they would want to devour the people from Credit Suisse First Boston Bank, the issuance consultant they hired.

This record-breaking skyrocket directly illustrates a problem. The IPO pricing is seriously low, and it is no problem to at least double it.

At least double it!

Page's Dutch auction, this diminishing auction method, can actually arrive at a reasonable market price level.

"What else?" Feng Yiping asked.

Peppa and Brin were a little suspicious. This problem was a big one, but Feng Yiping abnormally did not support them in the first time.

"The second and equally important point is that we want to use a dual-shareholding structure, ordinary A shares, 1 share and 1 voting right, while we hold B shares, 1 share and 10 voting rights."

"Page, Brin, you have been very hard for a while, and I have been very busy recently. It just so happened that my sister came to the United States recently," Feng Yiping did not respond positively, "Is that good? Let's take two days to go to Tahoe. Lake vacation, then discuss these issues, what do you think?"

Page was obviously a bit dissatisfied, but Brin was smooth, "Your proposal is very good, haha, I like Lake Tahoe the most, but unfortunately, now it is estimated that the snow on the mountain has melted and you can't ski," (to be continued.)