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Zhou Buqi discussed with Zhang Chaoyang and then decided on a strategy.

Changyou's IPO cannot be affected.

This is the most important thing right now.

Therefore, Changyou’s internal management headed by Wang Fang cannot move for the time being, and there is no way to move. Once they are captured, there will always be new candidates to take their places. Time is so short that it is impossible to find replacements at once.

Let’s suppress it for now!

Leave enough time for 6-7 months first.

When Changyou is successfully listed in September and has established a firm foothold in the capital market, it will then carry out drastic reforms to the company's board of directors and management.

During this time, you need to look for outstanding talents in the market.

"However, we have to make some preparations in advance." Zhou Buqi thought that he should not be too careless. "Who is Changyou's current financial officer?"

"He Jie."

"How is he? Is he yours?"

"this……"

Zhang Chaoyang was quite embarrassed.

Zhou Buqi said angrily: "Even the financial officer is not yours?"

Zhang Chaoyang said helplessly: "At that time, Sohu's game business suffered continuous blows, and it could not continue at all. It was about to give up this business. Then Wang Fang appeared, and the promise I gave him was to let him be fully responsible for the game. plate, and later he succeeded, so I had no reason to restrict him.”

Zhou Buqi asked: "Doesn't that mean that everyone inside Changyou belongs to him?"

"It's not that..." Zhang Chaoyang waved his hand and acted very calmly, "I asked Wang Fang to make games. This is not an investment, but to find a person in charge of Sohu's game business."

The general meaning is that when Wang Fang started Changyou, it looked like starting a business, but it was not actually starting a business.

It is a game business developed with the support of Sohu.

Changyou is just a subsidiary of Sohu.

If you are starting a business, then the entrepreneurial team will have strong cohesion, be more united and loyal, be more resistant to pressure, and be more resilient.

Just like Hulu created by several major Hollywood giants, once strategic differences arise, Hulu executives will advance and retreat together and resign en masse.

Hulu is a real startup company.

Changyou does not follow this logic.

In essence, it is still the distribution of power.

The power of Changyou has never been in the hands of Wang Fang and his team, but in the hands of Sohu. As Lao Zhang said, fire whoever you want to fire, hire whoever you want to hire, and decide whatever strategy you want.

Power only pleases its source.

He serves whoever brings him power. For Changyou's executives, CEO Wang Fang controls their life and death... But in the final analysis, it is Sohu who controls their life and death.

Zhang Chaoyang said: "If you want to reorganize the management, you only need to move three people, CEO Wang Fang, President Chen Dewen and CFO He Jie. Other senior executives can be adjusted slowly."

Shi Jinglin smiled and said: "Those who understand current affairs are heroes."

Zhang Chaoyang smiled and said: "Yes, they are all smart people. As long as the situation changes, they should be able to adapt to the new environment in a short time. If they can't adapt, replace them."

Zhou Buqi nodded, "But no matter what, in the next six months, the financial power must be controlled. Wang Fang and his team cannot be allowed to use it arbitrarily. His current mentality is unstable and his character is completely distorted. Under such circumstances, it is impossible for him to make any good decisions. The new projects he invests in will fail nine times out of ten."

Zhang Chaoyang glanced at him and said, "You want to send someone?"

Zhou Buqi said: "Well, after Changyou goes public, it will need to raise at least 2.5 billion U.S. dollars. Such a large amount of money must be managed well. This is the capital for Changyou to expand into the global market. This group of people cannot be allowed to focus on the domestic market. Spending big. I would send a financial controller out there to ensure financial stability."

Send a financial director from Ziweixing to Changyou to obtain the approval authority for funds, thereby restricting Wang Fang's team's use of funds.

This can effectively reduce the losses Wang Fang will bring to Changyou in the next half year or so.

Zhang Chaoyang sighed. He is a good old man and obviously does not want to use such drastic measures. "This will intensify the conflict."

Zhou Buqi said calmly: "There will be no limit on expenditures at the business level, it is mainly investment. Such a large sum of money cannot be spent all, and it will be lost only if the investment fails."

Zhang Chaoyang was silent for a long time and said slowly: "Okay, I will handle this matter. I will find an opportunity to talk openly and honestly with Wang about this matter."

Zhou Buqi knew that he was in a difficult situation, so he said angrily: "This is easy to handle, there is no human relationship that can't be overcome. Just say... just say that I am very dissatisfied with your work, and I want to fuck you as the chairman." Then I will become the chairman myself. If you can no longer be the chairman, it will be natural for him to step down as the CEO."

Zhang Chaoyang was almost angry to death, "I think you are looking for a reason to deliberately target me, right?"

Zhou Buqi said angrily: "Who targeted you? I'm telling the truth. You're not a good chairman. If you don't want to delegate power, it's easy. I'll be the chairman first. Wait until I take care of Changyou." After that, I will step down and give you the position of chairman, okay?"

Zhang Chaoyang was angry and funny, "Do you want the whole world to laugh at me?"

"Are you going to retreat anyway?"

"retreat!"

"That's fine. I should be the chairman of Changyou. If Changyou only does domestic business, it doesn't matter who becomes the chairman. But now that Changyou wants to develop overseas markets, I am more suitable."

Zhou Buqi was not reserved at all and pointed out the pros and cons of the situation openly and openly.

Zhang Chaoyang said: "Then it's settled. I'll go talk to Wang Fang. Then...all the responsibilities will be passed on to you. You can't stand his behavior and you want to fire him!"

Zhou Buqi smiled and said, "Okay, I'll take the blame!"

…

During this Chinese New Year, you have to spend time with your family.

Lao Zhang came in the morning, had lunch, and went back to his hometown to spend the holidays with his parents in the afternoon.

On the way back from the airport, Shi Jinglin was still worried about gains and losses. She looked at Zhou Buqi, who was acting as the driver, and asked, "Is this the solution?"

"what?"

Zhou Buqi was driving, quite seriously. There is a layer of ice floes on the road in the Northeast which can be very slippery, so be extra careful. The main reason is that I have had too few driving opportunities over the years, I am too unfamiliar with it, and my driving speed is relatively slow.

Shi Jinglin tilted her head, "Chairman, Mr. Zhang just agreed like this?"

Zhou Buqi glanced at her and said amusedly: "What can I do if I don't agree? Changyou is in such chaos internally, someone has to take responsibility, right?"

"Isn't it too utilitarian?"

"The main thing is the development of the international market. Lao Zhang is getting out of tune day by day, and I can't help it... Anyway, I have to pave the way for Changyou's international development. If you look at the current domestic online games, they are either agents from the United States, or They were agents from South Korea. They made money, but it was all divided up by foreigners. You know "Dragon" and "World of Warcraft", right?"

"Um."

Shi Jinglin nodded lightly.

Zhou Buqi said: "From last year's financial report, the revenue of "Dragon Movie" last year was 360 million US dollars, ranking fourth after "Fantasy Westward Journey", "Perfect World" and "World of Warcraft". Online games. However, the net profit of "Dragon" last year reached 190 million US dollars, and the net profit of "World of Warcraft" was only 75 million US dollars. This is a foreign game, and the money was divided by Blizzard."

Shi Jinglin said: "It seems that the game agency model is quite a trap."

Zhou Buqi said: "That's right, so Shanda would rather go to court than create a copycat version of "Legend" and refuse to share the profits with the Koreans."

Shi Jinglin analyzed and said: "So Changyou wants to change this model?"

Zhou Buqi nodded, "It is best for Changyou to develop best-selling games, and then let foreign game publishers act as agents to harvest foreign players."

Shi Jinglin was amused, "Is this possible? Domestic games... I think the localization is quite serious, and they can't go out."

Zhou Buqi said: "So there are two ways to go together. One is to acquire excellent foreign game studios, have the foreign studios develop the games, and then promote them globally, just like the completed layout of "League of Legends" and "F1 Racing". Another way is to wait for this group of young people born in the 1980s and 1990s in China who have an international perspective to grow up. The younger they are, the more hopeful they are."

Shi Jinglin was a little worried, "Is it innovative enough?"

Zhou Buqi said with a smile: "Games don't require high technology. It's mainly about innovation in business models... More precisely, it's about analyzing the weaknesses of human nature and then seizing the pain points to create business models. MLM It’s the best business model that takes advantage of human weaknesses.”

Shi Jinglin rolled her eyes at him and slapped him, "Don't engage in illegal activities!"

Zhou Buqi said with a smile: "Who is doing something illegal? I'm talking about business innovation... This thing is actually just like football, it's all about pinching the top. Foreign countries have a strong accumulation of technology, so they pinch the top all the way from the bottom to the top. Those are all elusive technologies. Football is essentially a technological breakthrough. Business innovation is different. There are no secrets in this thing. This type of breakthrough does not require bottom-level accumulation. The more intense domestic business competition is, The richer the levels of pinching, the more competitive the seedlings will be. In the past few years, the domestic business level was low and there were too few good companies. The top companies that were picked were actually just like that. In a few years, you will see Well, every guarantee is world-class, so it’s no problem to challenge overseas markets.”

Shi Jinglin's big eyes blinked, "Let's have a good chat when we get home!"

"Are you interested?"

"Um!"

"Um?"

"Are you going to fire Changyou CEO Wang Fang?"

Shi Jinglin's beautiful eyes flashed with hope and expectation.

Zhou Buqi saw it right away and was shocked, "What are you doing? Are you going to become the CEO of Changyou?"

Shi Jinglin tilted her head and looked at him, "No? I don't want to sell milk tea anymore. It's boring and not innovative at all. It's more challenging to do the Internet."

Zhou Buqi didn't know whether to laugh or cry, "Your hobbies change so fast! They change every day! Wouldn't you be more specialized?"

"Are you dedicated?" Shi Jinglin snorted, with a look of contempt on her face, "He Feifei, that cousin of Ning Lu, a little beauty... Huh, don't think I can't understand what you are planning!"