The Millennium Semiconductor Survival Guide
Chapter 43 Poaching Amazon's Corner
Hu Zhengming was not surprised that Yahoo wanted to acquire Riot Games, but the price offered by Jerry Yang in the conversation with him still made him speechless.
Two billion US dollars, if Zhou Xin thinks the price is low, it can still be negotiated.
In other words, two billion US dollars is just the base price.
Yang Zhiyuan also said that if Zhou Xin is willing to join Yahoo, Yahoo is willing to exchange shares, and the price can continue to rise.
It only took Zhou Xin three months to go from $100 million to $1 billion.
And it's cash, Zhou Xin only needs to nod, which opened Hu Zhengming's eyes.
He even had the idea of starting a business in the Internet industry.
Berkeley itself is in the San Francisco Bay Area, very close to Silicon Valley, but none of his previous students chose to start a business in the Internet field.
Even starting a business is in the direction of integrated circuits.
At its best, the profit is only a few million dollars.
It didn't give him such an intuitive and violent impact like Zhou Xin.
If Hu Zhengming had so much money, he would really have the confidence to fight Cadence.
Zhou Xin is also not surprised, because no matter now or in the future, regardless of Huaguo or American's Internet giants, the most direct way for everyone to solve their problems is to acquire.
Even if the liquidity on the books is evacuated by half, Microsoft will acquire Blizzard.
To know that when Microsoft acquired Blizzard, Blizzard was just a shell, it may not be right to say that.
But all the producers of Blizzard's well-known games have left Blizzard, and Blizzard almost only has IP.
You must know that it is also the acquisition of IP. Disney’s acquisition of Marvel only cost 4 billion US dollars, while Microsoft’s acquisition of Blizzard cost 68 billion US dollars, and it is in 2022 when the economy is not good and the Federal Reserve continues to raise interest rates.
Although Zhou Xin has never seen the arrogance of Microsoft’s acquisition of Blizzard, when he was operating Xinxin Technology to go public, he still heard from friends in the investment circle about the arrogance of Goose Factory and Ari when they acquired Internet companies.
"Jerry, does he want to buy all of my shares, or part of them?" Zhou Xin asked.
Zhou Xin didn't know much about Jerry Yang before. The only thing he knew was that Yahoo had invested in Ahri, and that Jerry Yang had served on Ahri's board of directors.
Of course, he later resigned from Ari. Until Zhou Xin left, Yang Zhiyuan was still a member of Didi’s board of directors, and said that the entrepreneur he admired most was Cheng Wei, the founder of Didi.
When I met Yang Zhiyuan before, apart from his strong accent and the iced Bock coffee that day, I didn't have any other impressions.
"I don't know, Jerry just said that if you want, he will meet you again."
Hu Zhengming continued: "Bill Gates also owns part of the shares, but the controlling stake is still in your hands.
So I guess he should be planning to buy all the shares in your hands.
As long as he gets all the shares in your hands, after Yahoo gets a controlling stake, Gates has no choice but to sell all the remaining shares to Yahoo.
Or just enjoy the benefits without participating in the operation.
Although Gates is not involved in the actual operation of Riot Games now, the concept of control in your hands is completely different from that in Yahoo's hands. "
Zhou Xin smiled: "It's better to help me reject Jerry.
I don't want to sell Riot Games, at least not right now.
I was afraid that I would not be able to sleep after hearing the price Jerry offered, and I would go back at night.
Regret your choice.
So it is better not to listen. "
Zhou Xin is very calm. In this day and age, what he needs to do is to fight with others as well as himself.
Fight against your inner desires.
In fact, Zhou Xin believes that the valuation of US$2 billion is higher than the actual value of Riot Games, but Riot Games is an integral part of his overall structure.
After Zhou Xin made his decision, Yang Zhiyuan, who was not far from San Francisco, soon found out, and he said helplessly to Kevin: "Newman rejected us.
And the latest news I got is that Newman went to meet with the vice president of Goldman Sachs, and that Riot Games should be going public independently.
We can activate the alternative, you go and talk to CEOcity in person. "
Although Kevin came up with the idea of moving the hot posts in the Riot Electronics community, it was another executive who took the blame and was fired.
This is called the law of taking the blame in the workplace.
Even if you do something wrong, as long as your status is important enough, someone will help you take the blame.
"Warren, I need you, you're CFO at Amazon, but you're never going to be CEO with Bezos.
But after coming to NewPay, you will directly become the CEO, responsible for the whole company.
I will only be in charge of operations at the strategic level. "
Warren Jensen, Amazon's chief financial officer, was about to say no when he received an offer from a headhunter.
At present, Amazon is the number one existence in the subdivision of e-shopping, and the entire Internet industry is thriving. As Amazon's CFO, there is no doubt about his salary or future development prospects.
But Warren changed his mind when the headhunter suggested that it was Zhou Xin who wanted to poach him.
Although Amazon’s market value at this time was as high as more than 20 billion U.S. dollars, from 1998 to 1999, its market value soared by 855%.
But Amazon has never been profitable, and its net loss has quadrupled compared to the same period last year.
As Amazon's chief financial officer, Warren knows that Amazon will not be able to turn a profit in the next three years.
Even Wall Street analysts believe that Amazon is unique in order to promote the stock market, and that it will make money sooner or later.
But Warren knew that the more they made, the more they lost, until they couldn't afford it.
So when new opportunities arise, Warren will also consider them.
Compared with Amazon, Riot Games, which has achieved profitability as soon as it is established, is undoubtedly a good choice.
Although Riot Games is far inferior to Amazon in terms of valuation, he is the chief financial officer at Amazon, and he is the person in charge at Riot Games.
"Newman, I want to hear your plan for Riot Games' future strategy.
Is it to become the publisher of all video games and build a unique and influential electronic community, other than these two things?
Do you have any other more radical ideas. "
Silicon Valley is big, but it's also small, and what Jerry knows, Warren knows too.
He thought that Zhou Xin asked him to be the CEO for the subsequent listing of Riot Games.
In the listing process, a CEO with sufficient financial experience is undoubtedly crucial.
But Warren knew in his heart that if he decided to switch from Amazon to Riot Games, he would definitely not be willing to serve as CEO only in the process of going public.
He hopes to run the business for a long time.
Even if he leaves Riot Games one day in the future, Warren also hopes to accumulate enough experience in running a company.
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