Top of the big era
Chapter 2617 Talent Transfer Plan
The successful completion of UC Group's transaction gave the market great confidence. Not only was the acquirer satisfied, but the acquiree was also satisfied.
Purple Star's U.S. listing advisory group has already issued a proposal, and will next negotiate with major Wall Street investment banks to increase the expected issuance price of Purple Star.
Nowadays, the technology industry is booming, Internet companies are developing in a bubble, and their stock prices are rising.
It also sold UC Group, earning US$4.25 billion from Microsoft and US$1 billion from Baidu... Although the two transactions did not involve cash transactions after many negotiations, Microsoft and Baidu are both high-quality and good companies, and holding their restricted shares without voting rights will still be a promising investment.
The combined value of the two shares is now $5.25 billion.
After the lock-up period has passed, Ziweixing can sell these shares. By then, the value of these shares may rise to US$8 billion or even US$10 billion.
Zhou Buqi agreed very much with this proposal.
Selling UC is really a huge profit!
He has been secretly planning for this matter for five or six years. This is even the top secret of Ziweixing. Even many members of the decision-making committee do not know, that is, Zhang Yiming, He Yang, Guo Pengfei, and Meng Houkun know what happened. Something happened.
Don't look at UC Group's current business.
Its products such as UC Browser, UC Navigation Station, UC Paradise, UC Mobile Assistant, and UC Security Guard all have a huge user base.
However, a company's core asset is often not its business, but its talent.
Especially the Internet industry, which is highly innovative and changes rapidly.
Talent is the first competitiveness.
In the past few years, Zhou Buqi worked out a secret "talent transfer" plan with Zhang Yiming, He Yang, Guo Pengfei, Meng Houkun and others.
The truly top potential engineers, designers, product managers, marketing experts, etc. in the UC Group have been promoted or demoted one after another within a few years. They have left the UC Group and joined the UC Group. Ziweixing’s other products are online.
It can be said that the most valuable asset of UC Group has been drained away.
That’s not all!
The so-called talent transfer is not one-way.
Many talents in UC Group have been transferred to Ziweixing's business lines. If it continues like this, it will be a bit too obvious. Therefore, many talents from Ziweixing will also be transferred to UC Group.
All work adjustments are due to business needs!
Behind this is actually a bloody conspiracy.
For example, Ziweixing has a core old employee named Hong Gang. He once participated in the entrepreneurship of Xiaonei Network with Zhou Buqi, served as a project manager, and was one of the early leaders.
Too senior!
They are far more senior than the current M8 group senior vice presidents Liang Rubo, Zhou Feng, and Nie Caijun. Moreover, this person is loyal and has been promoted along the way and has become the senior director of M5.
Then something went wrong.
The ability cannot keep up.
The response to the rapid changes in the mobile Internet seems to be somewhat slow.
Guo Pengfei originally had a glimmer of hope and left the WeChat "emoticon pack" business to him, but many problems arose. It really doesn't work anymore. No president-level executive of the business group is willing to use such a senior and experienced veteran employee.
How to do it?
He was transferred to UC Group as vice president, in charge of UC navigation business.
Firing senior employees is a chore that every startup company has to go through and face after it grows and grows. Almost no one can handle this matter well.
If it is handled well, at most the old employee will not scold you after being fired; if it is not handled well, it will be a severance of friendship and friendship, and the good brothers who once started a business together will become mortal enemies.
This is so difficult.
Whether it is Mr. Liu, Mr. Ma, Mr. Ren, Mr. Zhang in China, or Yu Minhong from New Oriental, or foreign Bill Gates, Larry Ellison, Zuckerberg, Steve Jobs... Well, Steve Jobs should No, he was not the one who fired people, he was the one who was fired.
Ziweixing has not had any major disputes or differences in its handling of such matters.
This is definitely another miracle among Zhou Buqi’s entrepreneurial miracles.
The reason why he was able to do it was mainly due to the adoption of three strategies.
First, Ziweixing owns Ziweixing Engineering Institute.
The main mission of the Academy of Engineering is to provide IT services and help Internet colleagues do projects with certain technical thresholds that they cannot do. For Ziweixing, this is not difficult, it is equivalent to "retreating inwards".
For example, Cheng Binghao, Ziweixing's entrepreneurial veteran and first CTO, served as the dean of Ziweixing Engineering Academy after "retiring internally" and engaged in some outsourcing service projects.
In fact, there is no big development in this kind of outsourcing work. The lower limit is high and the upper limit is low. Many ambitious people are not willing to do it.
I would rather go to an emerging company and get a salary of 2,000 yuan than go to an outsourcing company to earn a salary of 20,000 yuan.
Because the former is full of imagination in the future. Once an emerging company develops or even goes public, 2,000 yuan may become 20 million yuan overnight. The latter has little imagination. His daily job is to take orders and work. It is a real job as a coder. Life is very clear and you can see everything at a glance.
Many senior veterans were difficult to fire, so they were assigned to work in the Engineering Academy, where they enjoyed high salaries and adapted work, which was equivalent to a semi-retirement state.
Second, "Ziwei Galaxy" has many affiliated companies.
Many people are very capable, but they just can't meet Ziweixing's needs. He cannot be downgraded, and he is not willing to go to Ziweixing Engineering Institute to enjoy a semi-retired life. What should we do?
You can go to related companies to use your remaining heat.
For example, Wang Haoyang was once the first CFO of Ziweixing. Later, when his abilities could not keep up, he joined Yuanwei Group as CFO. With his ability, it would be a bit overkill to manage the accounts of Yuanwei Group. Now he is basically the second person under the president.
Another example is Wang Haiyang. He used to be the CHO of Ziweixing in the early days, but later his ability couldn't keep up. At Zhou Buqi's suggestion, he joined YY and served as YY's executive director, senior vice president and CHO, continuing to work hard on the front line of the Internet.
If you can no longer be a senior executive in Ziweixing, you can represent Ziweixing as a director or senior executive in other affiliated companies of the "Ziweixing" and continue to shine.
For example, Zheng Hailong, the current vice president in charge of marketing business at JD.com, was previously the vice president of Ziweixing and was He Yang’s right-hand man.
Ziweixing has two directorships on JD.com, one of which is represented by Zheng Hailong.
However, if a senior employee is not willing to go to Ziweixing Engineering Institute to receive a high salary and retire, nor is he willing to be assigned to work in other affiliated companies, he is not very capable and still thinks that he can do anything within Ziweixing. A big undertaking, what should I do?
This is the role of UC Group.
This is also the third path chosen by Zhou Buqi to arrange for senior veterans - to transfer these senior and influential senior employees to UC Group!
Zhou Buqi had seen data before. In 2011 alone, Ziweixing sent more than 90 senior employees to UC Group, including 37 middle- and senior-level executives above M4.
From the perspective of an onlooker, in order to support the development of UC Group, the group headquarters can be said to have exhausted its manpower and material resources and sent many meritorious soldiers to support.
This level of support is simply too great!
In fact, this is the secret layout of Zhou Buqi, Zhang Yiming, He Yang, Guo Pengfei, Meng Houkun and others.
The rising stars in UC Group who are young, quick-thinking, good in technology, strong in product capabilities, and have a deep understanding of the mobile Internet have all adjusted to Ziweixing's business lines.
Ziweixing's human burden has been dumped on UC Group.
Now, UC Group is sold in two to Microsoft and Baidu.
All your troubles are solved once and for all!
After getting rid of such a huge human burden, Zhou Buqi believes that Ziweixing's future development will be difficult to encounter any internal crises.
It is also appropriate for Ziweixing's issue price to be higher.
Zhou Buqi packed his bags and gathered his troops, Shi Jinglin, Zhen Yu, Ning Yaxian, Aunt Xue, Sun Wanran, Ning Lu, as well as several secretaries such as Guan Nanqing, Han Yalan, Li Shuruo, Zhang Zetian, and Wang Yanan and Chen Yan came together from China, plus seven or eight docile and exquisite Japanese maids.
The whole team sets off and goes to New York together!
This is a big deal!
Not to go to New York to negotiate with Ziweixing's underwriters to adjust the IPO issue price, but to participate in the most important Nasdaq case this summer - the spin-off listing of PayPal!
Zhou Buqi attaches great importance to this.
Unlike the previous listings of Ziweixing Global, Ziweixing Digital Media, Changyou, Yuanwei Group, Jieyu Media and other companies, PayPal is not Zhou Buqi's company. He seized the opportunity to grab it.
Personal authority, influence and control are less strong.
For other companies, it doesn’t matter if their IPO fails.
If PayPal's IPO fails, the expected shares are not sold or the issue price drops sharply, it will seriously affect Boss Zhou's future control of PayPal.
So much so that the day before the IPO, Zhou Buqi was actually a little nervous.
At this juncture, Aunt Xue, who is mature, gentle and charming, can help resolve his nervousness better than other young and beautiful girls.
Aunt Xue saw him frowning alone in the study. She stood at the door, pulled her hair around her ears, pursed her lips and teased: "There are so many beauties in the house, and you are so cold?"
Zhou Buqi looked up at her and sighed, "Not in the mood!"
Aunt Xue walked over, sat lightly in his arms, held his head in her arms, gently stroked his hair with both hands, twisted her body a few times, and felt his body He looked strange and said jokingly: "Not in the mood? Isn't this a very quick reaction?"
"Stop seducing me!"
Zhou Buqi is angry and funny.
Aunt Xue gently rubbed his forehead and advised softly: "There will always be troubles at work, so you can't trap yourself, right? No matter how hard a man is as iron, he can turn into a woman. Wrap your fingers softly. I have arranged everything, go and relax."
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