Wall Street Legend
Chapter 369 3G
2005 is just over a month away, and many plans are now on the agenda.
For example, fund arrangements, etc. need to be prepared in advance. There are still not enough "bullets" in hand. The main reason is that I was too greedy before and wanted to spend every penny for investment.
These Internet companies now mainly rely on the transfusion of Tamsui Investment Group for development. Facebook's profitability is pretty good, but there are many places to spend money. It supports a large number of people and needs to constantly expand to seize the market. It's good to keep profits low. It's better not to squeeze too hard for the time being. Expansion is the first priority.
As for companies such as Youtube and Whatsapp, the current revenue they bring is simply not enough, and they can only rely on Facebook and Tamsui Investment Group to support their development.
I don’t have cash cows on hand, and I’m currently not raising money or selling shares. I occasionally have some minor worries about money. There were a few times when Ye Dongqing even thought about going to the bank for a loan, but later I felt that I could hold it in longer, so I gave up again, and I kept trying. It's not a big problem for a while.
This is one of the reasons why he wants to delist Green Mountain Coffee and start a hedge fund, so he can have fun and make more money at the same time. Fortunately, most of the big customers at Tamsui Investment Group are here for compound interest. As long as there are no problems with Ye Dongqing's business, there will definitely be people who dare to keep putting their money with him, earning a return of nine or ten points every year. Rate, where can I find such a good project?
Therefore, although it does not continue to absorb funds and can only withdraw funds, there will occasionally be some investors trying to withdraw their capital, but they are only the initial small investors and will not put any pressure on the company's capital flow.
All projects of the Golden Island Financial Management Company founded in 2002 were axed by Ye Dongqing as early as August this year. More than 95% of the employees left with compensation, and the remaining The elite were left to deal with other matters.
Kanak is now helping in the hedge fund department. This guy has followed Ye Dongqing for a long time, and was later sent to California to develop the market. He got millions of dollars just from the results, including the money earned from investments. , his net worth may be tens of millions of dollars. Now that he works on a hedge fund project, the salary is definitely not as high as when he was working as a salesperson for Golden Island Financial Management Company, but he can still earn millions of dollars a year.
Like Ye Dongqing, he doesn't want to be idle even when he is rich. In fact, with so much wealth, he can live the rest of his life in no matter which country he is in, and he even bought a white Ferrari very coquettishly.
As long as they were old employees who chose to stay when Freshwater Fund was first acquired by him, Ye Dongqing did not treat them badly. Niu 13, which he had boasted about at that time, had already been realized, and the worst ones had received millions of dollars from him.
When talking about this group of people, we have to talk about Ms. Vigo. He originally managed the Freshwater Fund but chose to leave his job and go out to start his own business with others. Now he has no news and is probably living in a mediocre way. It's not like he is a relative of his own, so leaving means leaving. Ye Dongqing has almost forgotten this person and has never taken the initiative to call him. Ms. Vigo didn't hesitate at all when she left.
Looking back, Ye Dongqing did not retain Ye Dongqing at that time, which was probably the right decision. Mr. McCord did a pretty good job after taking over, and he hardly had to worry about it...
With the help of past memories, the products developed are relatively mature, and at the same time they accurately capture user needs and fill the gaps.
If this still fails, it would be better to hit the wall head on. Ye Dongqing has read the data of various companies one after another. Except for the force majeure that the YouTube video sharing platform is currently experiencing, the data of other companies are very beautiful.
Especially for Whatsapp, the number of global users has exceeded 100 million at an alarming rate. It has eliminated the ICQ program that kept making errors. America Online has indeed been unable to recover. Recently, Time Warner seems to have the idea of selling it, with an asking price of US$4 billion. No one who was taken advantage of would be willing to take over.
At the beginning of this century, the merger of Time Warner Group and America Online can be said to be one of the most painful lessons. Several years later, Time Warner is still in trouble. The executives who promoted the merger have long since resigned in despair. People are willing to hire them, fearing bad luck.
After reading the information, I thought about it for a while, and after calling Mr. McCord to discuss it, I planned to squeeze out another 500 million US dollars from the account in the near future as follow-up operation and promotion funds.
These days, it is not enough to do all the publicity, but also to look at the growth rate of global Internet users. The best result is to develop simultaneously, and slightly exceed it. Facebook and the chat program Whatsapp have done it, and the user growth rate is higher than the growth rate of Internet users. , but it has almost hit the ceiling.
After thinking of this, Ye Dongqing used a computer to check the number of netizens and the development of next-generation network transmission technology.
The first generation of analog mobile phones that came out in 1995 could only make voice calls. The second generation of digital mobile phones such as GSM and CDMA that appeared from 1996 to 1997 added the function of receiving data, such as receiving emails or web pages. Since "2000" "International Mobile Telecommunications Plan" came out, and 3G is now in full swing.
Large-scale 3G network deployment around the world began last year. Hutchison Telecom opened Europe's first 3G network in Europe last year. In the same year, Verizon Telecom also launched 3G services in the United States. This year is the development of 3G. During the rapid development period, many operators successively launched 3G services in major countries such as the United Kingdom, France, Germany, and Italy.
Launching it is one thing, but large-scale commercialization is another. Without the limitation of poor network transmission speed, YouTube would not have developed so slowly.
With the opening of 3G, Microsoft felt that it had gotten a big deal from Ye Dongqing. This was referring to Skype. They thought that in the near future, the Skype instant voice program would have a wider market, but they did not expect the video call technology. It has already been developed in the team under Ye Dongqing, and is just waiting to be put into the market as soon as the network speed becomes faster.
The more he learned, the more aggrieved Ye Dongqing became, because Apple still failed to complete the development of smartphones. It may be due to the lack of previous experience. There were bumps and bumps in the entire development process. Coupled with technical limitations, it might not be possible. We won't be able to see prototypes until the middle or end of next year. A piece of hardware that can use Skype to make calls, similar to the iPod-touch, should be the first to be launched on the market.
After waiting for such a long time, it would be okay to wait any longer. However, Ye Dongqing decided to let Jobs end his semi-cultivated state in advance, and then use his iron-blooded wrist to squeeze the R\u0026D staff. There must be carrots and sticks. With Jobs, Compared to this, Cook’s method still seems a bit too mild...
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