Reinventing the Millennium

In late August, Sina.com welcomed its leader.

As the company's CEO, Wang Yan has been working tirelessly and diligently, but when everyone, including the media, mentions Sina, Fang Zhuo's name cannot be avoided.

Fortunately, Wang Yan himself didn't care about this situation.

The board of directors authorizes the management, and the management is responsible to the board of directors. Sina's internal operations are doing very well, which makes many people who have been expelled or left on their own have mixed feelings. How could the predecessor be like this...

When Fang Zhuo inspected Sina, he still got the feeling of "Why are the eyes here at Sina even hotter than Yike?"

The main purpose of his trip to Sina was to take a look at the plans for the Weibo project.

After witnessing the competition in the school network and the development of foreign social networks, he and Wang Yan and others agreed that it was timely for Sina to personally promote a more popular social network that conforms to the development of the times.

Moreover, when Penguin focuses on the acquaintance social field, Sina no longer uses Xiaonei.com as an agent, but chooses to end the game directly. This will certainly make Penguin hesitate in its competitive strategy. After all, it already has A social networking product that invests resources into.

After Fang Zhuo learned about the Weibo project in the company, he couldn't help but listen to Sina's current business lines.

Although it is always said that the portal model cannot keep up with the vast development of the Internet, and people today are more talking about e-commerce, social networking, and search, Sina, as a partner of the Olympic Games, undoubtedly has a way to seize the peak of the portal website. a feeling of.

With the Olympics on our doorstep, this aura makes Sina feel very proud.

Fang Zhuo held two small meetings in the conference room. When he came out, he chatted with the employees at their desks. He wanted to go to the president's office to exchange some temporary opinions, but the employees suddenly started to make a fuss.

"Mr. Fang, say a few words!"

"Tell us a few words, Mr. Fang!"

The sudden burst of enthusiasm from everyone was unexpected by Fang Zhuo, but as long as new employees came in at Sina, they would inevitably have to hear about the goodwill acquisitions, decisions and bets on the wireless business, the introduction of World of Warcraft, and the focus on the Olympics. decisive decision...

Now that he has met the real person who has been the richest man in the mainland for three consecutive years, coupled with the recent confrontation with Lehman, his passion is like a volcano ready to explode, and it has finally reached the moment of venting.

Fang Zhuo listened to the increasingly uniform voices, saw the employees standing up at the work stations behind him, and glanced at the smiling Wang Yan and other senior management next to him. He could only wave his hands at everyone to suppress the noise.

But, what to say?

He felt that there was nothing much to say. Sina was operating very smoothly, and it was not like he encountered any major setbacks or suddenly had new achievements.

Fang Zhuo pondered again and again, but he couldn't ignore everyone's eager eyes, so he could only say concisely: "When I returned to Sina today, I just sighed, Sina is still very new!"

Wang Yan took the lead, followed by warm applause.

When he returned to the CEO's office, Fang Zhuo said in a dumbfounded voice: "Brother Wang, don't act like this in the future. It's too grandiose."

Wang Yan felt very innocent, so he almost raised his hands and swore: "Mr. Fang, this is definitely everyone's initiative. I'm not that kind of person, and I can't do this."

Fang Zhuo was suspicious: "Don't try to flatter those people, I don't need it, and Sina doesn't want this kind of trend."

"The main reason is that Mr. Fang doesn't come to Sina a few times a year, and everyone is very excited when we see him once." Wang Yan said seriously, "Mr. Fang, this is what people can do, and everyone's enthusiasm for the Internet is still there."

People's hearts are available, but what they can't get is causing commotion.

Fang Zhuo believes it for now.

He nodded slightly and said: "Sit down and let's figure out the time plan. According to the development of the school network, the second quarter of next year may be a good launch point for Weibo."

Wang Yan has a slightly different opinion: "I think the school network is spreading its tentacles into the office. Such development may make the competition with Penguin more intense and fiercer. Since Penguin has injected traffic into QQ alumni, although it has temporarily stopped in the school ecosystem, , but its growth rate will definitely affect the overall strategic pace."

He paused and continued: "According to estimates and QQ alumni's revelations, in just half a month, they have added hundreds of thousands of new registered users, which will definitely exceed 100, and the speed is quite astonishing. Yes, Penguin is indeed the number one traffic source on the domestic Internet."

"I feel that by the middle of next month, Penguin may catch up with Xiaonei.com in terms of user volume alone. Moreover, Wangxing's customer acquisition cost is one yuan, while Penguin's is much less."

As Wang Yan spoke, he gave Xiaonei.com a qualitative picture: "Xiaonei.com needs to step up its actions and investment now. Since it is targeting the office user group, it has to spend more money to catch Penguin off guard."

Fang Zhuo silently pondered whether it was necessary to promote the school network to raise funds again.

After a while, he said: "Let Wang Xing and the others have a meeting the day after tomorrow, and we can study it further."

Wang Yan nodded. He was very interested in the competition with Penguin and the latter's competitive rhythm.

…

While Fang Zhuo and Wang Yan were thinking about promoting Xiaonei.com to speed up competition, the couple at Dangdang.com were already quietly raising money.

Buy back shares!

This is the consensus they reached after various exchanges, including intense, peaceful, and confrontational situations, and Fang Zhuo's shares must be bought back at a premium.

As long as it can be listed, it will be worth it.

However, even if you buy, you cannot use the company's liquidity.

Therefore, Li Guoqing and Yu Yu began to look for third parties and pledge equity to obtain funds for repurchase.

The development of Dangdang in the past six months has indeed been good, which has also increased the value of the equity in the hands of the couple, so things have progressed quickly.

Because it involved changes in shares and the board of directors, Li Guoqing and Yu Yu decided on the general matters and opened a board of directors. They also invited Fang Zhuo's associate Xiong Xiaoge, thinking of clearing out this investor together.

However, this was just by the way. When Xiong Xiaoge insisted on staying, he was not forced to do so.

This meeting finalized things, and Li Guoqing and Yu Yu took the opportunity to express their strong confidence in the company's prospects.

However, when the meeting ended, Xiong Xiaoge found strangely that several managers were dull or listless.

He found a familiar vice president and talked about Dangdang's IPO expectations, and finally asked: "Aren't you happy that Mr. Li and Mr. Yu have eliminated the interference from competitors? Dangdang has a promising future!"

"Hey, don't mention it. I saw Mr. Fang coming over a few days ago, and today I saw people from ICBC and Mr. Xiong coming over. I thought Dangdang was going to be acquired by Tesco." The vice president shrugged, "I'm leaving. When I entered the conference room, I was ready to welcome Master Wang... I didn't expect..."

He sighed: "The pressure of competition is even greater now."

As someone who owns shares in both Tesco and Dangdang, Xiong Xiaoge doesn't know how to respond. This, this can be considered acceptable.

I have been answering the phone, handling everyone's housework, and will get up early tomorrow to code a chapter.