Start by trimming cow hooves

The performance of S electric vehicles is much better than the market expected.

Even high-end models priced at $50,000 or $60,000 have maintained a monthly sales level of thousands of vehicles. When the mid-to-high-end models with high volume are launched, the scale is likely to reach ten times the current level.

This greatly increases the possibility of S electric vehicles to survive, and the market valuation naturally rises accordingly. There are many venture capital institutions interested in it.

Su Rui then went to BuyMe for inspection.

Its sales in the second and third quarters of this year maintained a growth rate of more than 30%. The total transaction volume of goods in August exceeded 400 million US dollars for the first time, and the clothing sales platform has also been initially built.

This gave Su Rui an idea that he could actually let go, even if he didn't keep an eye on them all day, they could still develop very well.

In order to optimize the company's management structure and accurately find the most potential market positioning, Su Rui's companies have paid more than 200 million US dollars to consulting agencies this year to conduct a comprehensive review again.

Whether it is the organizational structure or the development direction of the enterprise, they have been sorted out quite well, and the management of each project is also very capable and experienced.

Therefore, during the visit, Su Rui only took a quick look.

The management was left to play the good guy and offend people, and now he only needed to be a mascot, responsible for controlling the general direction of financing, listing, marketing and publicity, and ensuring that these start-ups did not go astray.

He visited the company, met with local acquaintances, and strolled around Stanford University, where he was almost surrounded by students.

Two days passed quickly.

Suri slept until almost noon, and was thinking about what to eat for brunch, when he received a call from Amanda's secretary.

She reported that the Yahoo board of directors, after difficult negotiations, finally passed a resolution to sell Yahoo to him for $21.5 billion, and the news would be disclosed soon.

It is difficult to start a business, but it is very easy to sell it in a package.

The team responsible for the acquisition negotiations has already made preparations to take over Yahoo in full, and will still be managed by the current CEO in the short term until the split and reorganization are completed.

The equity of Alibaba and Yahoo Japan will be transferred to the Hong Kong World Island Group in batches. At that time, in addition to cash, real estate, patent library and Yahoo's main search engine business, the only valuable thing left is the agreement signed with Jifubao a few years ago.

The two parties agreed that when Jifubao goes public, Alibaba Group will pay Yahoo a lump sum of no less than 2 billion US dollars and no more than 6 billion US dollars in compensation.

Earlier, in order to successfully obtain the financial license, Jifubao was separated from Alibaba Group as a whole and forced to clear the shares held by foreign capital. Afterwards, it went to court to sue and finally reached a settlement.

Su Rui is not sure when Jifubao will be listed. Anyway, in his impression, Ant Financial has not been successfully listed until the accident happened.

According to Su Rui's idea, he will have to talk to Boss Ma about this matter in person sooner or later to avoid the compensation being far away.

However,

Because Dongjing Mall and Pinxixi are both owned by Su Rui, they are in a commercial competition relationship with each other. Now even about 20% of Alibaba's shares have been taken over by Su Rui. He is frantically grabbing the market share of Taobao. It is estimated that the scene will be quite embarrassing when he meets Boss Ma.

Before this, Su Rui contacted Boss Ma through an agent to avoid being confused by the other party's particularly powerful words and accidentally stepping into the trap.

After learning that the Yahoo board of directors agreed to the acquisition, Su Rui hurried to change clothes. After getting dressed, he realized something and asked Secretary Amanda:

"They just agreed to the deal, I can't wait to visit them. Will it seem too urgent and a bit arrogant?"

Secretary Amanda nodded and suggested:

"It's better to wait a few days until the contract is officially signed. It doesn't matter what the shareholders think. The main thing is that you plan to cut off many Yahoo departments, and those employees should not welcome you for the time being."

Yahoo's plate is a bit big. In the past, for the stability of the company, it has not dared to cut drastic layoffs and projects to avoid panic.

Taking advantage of the acquisition and restructuring, the Goldman Sachs team planned to lay off about 30% of employees in batches and cut dozens of departments and projects that could not generate revenue, which would effectively reduce the expenditure on labor costs.

This plan has been approved by Suri, and he has communicated with the Yahoo board of directors in advance. At that time, a month of handover time will be set aside, with the current management acting as the villain, and he will get a clean and refreshing Yahoo.

When the Yahoo board of directors disclosed the news to the public for the first time, it was only a few lines, but it attracted widespread attention in Silicon Valley, Nasdaq, Wall Street and other places.

Some Yahoo shareholders were so excited that they typed dozens of exclamation marks in the comments, praising the Yahoo board of directors for finally being reliable. Some shareholders couldn't wait to buy Netflix Entertainment's shares, hoping that Suri could use Yahoo to continue to divert traffic to this company and expand the scale of active users.

Even in Silicon Valley, sky-high acquisitions of more than 20 billion US dollars are not common. Google CEO contacted Suri as soon as possible and said that they could meet and talk when they were free.

Because there have been rumors that Suri is likely to sell Yahoo's core business.

When Yahoo's search engine was managed by the current board of directors, Google had no pressure and often ignored the existence of this old Internet giant.

However, as the deal was actually concluded, Yahoo's core business was in the hands of Suri, which made Google's senior executives restless. Suri has always been good at creating miracles.

Compared with continuing to let Yahoo develop, Google's board of directors has begun to seriously discuss whether it is necessary to kill competitors in advance and invest in the acquisition of Yahoo's core business.

Microsoft and Baidu are also quite nervous and are watching the latest situation carefully. Even Suri's dinner with SoftBank Group executives was interpreted as a signal that the two sides may reach a new cooperation.

Suri did mention that he wanted to use Yahoo Japan's equity in exchange for SoftBank's Alibaba equity, but SoftBank did not seem to be very interested and was more willing to buy it back in cash.

It can only be said that he is very smart, and SoftBank founder Masayoshi Son is not a fool.

The Japanese market is limited in size, and Yahoo Japan's potential is far less than that of Alibaba Group, which firmly occupies the first place in the mainland online shopping market.

Suri thought it would be good to get some cash. After only a few minutes of consideration, he agreed to SoftBank Group to buy back all Yahoo Japan shares held by Yahoo at a price of US$4 billion.

For SoftBank Group, although it paid a little more money, it solved the crisis of being held back by Suri in advance, and both parties were very satisfied with this verbal agreement.

Since Suri had wanted to take Yahoo search engine to develop in the mainland market, the family office had made some plans in advance through consulting companies.

According to the survey results of McKinsey Consulting Company, the mainland market is almost saturated, and the cost of acquiring customers may be relatively high, and the potential benefits are relatively average.

These data seem very discouraging in Suri's eyes (end of this chapter)