Reborn Entrepreneurial Giant.

Chapter 119 Yahoo turns

Chen Danni’s foreign language proficiency is not up to par, Chen Danlin cannot live without Jumei, and Zhang Yiwen is recruiting businessmen and is ready to clear out goods at any time, so although there are many women, no one can accompany him to the United States for travel, er, work.

When the international crude oil price rose to around US$75, his futures were about to expire and settle. These matters were arranged for Peterson of HSBC. The position of 60 barrels could make a profit of approximately 810 million, as well as the original principal of US$385 million. , his private money is much more, how can a man really have no money to use?

Yesterday, he and Chen Danlin invested 10 yuan to invest in Chen Ke to develop "Minecraft", accounting for 50% of the shares. Qu Li and Chen Danlin also shared [-]/[-]. They were not planning to make money anyway, so the distribution of equity ratios was a bit of a joke.The money is not enough, so I will give him more money according to the progress of game development. However, Chen Ke did not go back to school or his hometown. There are many great people here who can learn many things that cannot be learned in school.

"You really don't want my family to work in Jumei?" Although Chen Danlin was satisfied with Qu Li's approach, she felt something was wrong and returned to the bedroom to torture Qu Li.

"This is a matter of principle and cannot be compromised." Qu Li didn't want to fool her. A man's bottom line cannot be easily broken.

"Beeeeeeeeee~~~"

This is what God means. Qu Li is so stupid, but he doesn’t care about her. Inexplicably, Qu Li was kicked out of the room and almost moved in with Chen Danni...

Ahem, no, really not, how dare he.

A person flew directly from Yangcheng to San Francisco, and then contacted HSBC and asked them to arrange a driver and hotel for him. He couldn't let him take a taxi to go everywhere. I found it very troublesome last time. Later I learned that some travel agencies provide the whole trip. Accompanying driver service also costs extra.It is far better to open a company in the United States and then find a social worker. No one would think that workers in the United States do not need to lick the boss, right?

After a day of rest and waiting for the driver the next day, Qu Li went directly to Yahoo to find CEO Yang Zhiyuan, and then met Lu Qi. He got a promotion and a salary increase, and was responsible for developing a browser and an open source project, the famous Chromium.Don't ask why it has the same name as Google. It's probably because Google currently doesn't have an open source browser project.

"Why doesn't Jerry buy Twitter? Yahoo has a similar project?"

"I don't know either. He didn't ask me about this."

"Does your browser have a built-in web page translation function?" Qu Li chatted with Lu Qi about the browser, and he even drew a sketch of Chrome for Lu Qi.

"No, we don't have enough manpower now."

"Jerry..."

"Is it that this project has no profit prospects, which has a great impact on you?"

"There are reasons for this, and there are also reasons for Yahoo search." Lu Qi couldn't tell an outsider in too much detail, but Qu Li was too smart, and he was also Jerry's friend. We had discussed Yahoo's future together, and he himself was Qu Li agrees more and more with his idea.

As the two chatted, Yang Zhiyuan soon arrived, and everyone found a new place.

"I originally wanted to acquire Twitter, but in March this year NBC and Fox jointly established a video website called Hulu, intending to cooperate with Yahoo. I agreed and will soon invest $[-] million in Hulu." Yang Zhiyuan explained why he Without acquiring Twitter, Yahoo would become a laughing stock by abandoning Facebook. Investing in Twitter is nothing. It is better to invest funds in streaming media with more promising prospects.

"Who is the leader of Hulu?" Qu Li didn't ask. Yahoo already has video services, and it also invests in external video websites. What's the point?

"..." Everyone is discerning, and high-sounding words are meaningless. It's like Wanda teaming up with Baidu and Penguin to build e-commerce. It's such a big momentum. But in the end, who has ever gone to their house to buy something?Anyway, Qu Li has never opened their website at all.

People have the same mind and the same principles. It is impossible for Chinese businessmen and foreign businessmen to be two different species. The interests of the three-party cooperation are inconsistent. It would be strange if Hulu could succeed.

After Qu Li asked this question, he did not continue and talked about other things. Yang Zhiyuan made adjustments to the Yahoo portal, gave up some businesses, concentrated more funds on news information, strengthened media attributes, and the other core was of course the search engine.

"The three businesses of news, media, and video will become the core of Yahoo's future. Once I have a plan, I will submit it to the board of directors for approval."

"How about adding one more?"

"..." Yang Zhiyuan's reform plan was influenced by Qu Li, but he didn't expect Qu Li to be so ignorant. Did he really want to listen to your opinion?

"When I came to the United States this time, in addition to investing in Twitter, I also wanted to set up a branch to sell our own designed and produced clothing, sneakers and other products in the United States. Although you can use PayPal, their rates are relatively high, which is not cost-effective." Qu Li explains

In fact, PayPal's fees in this era were not that outrageous. The payment processing fee was about 2.4~3.4% plus US$0.3, and later gradually increased to 3.2~4.4% plus US$0.3 per transaction, and there was also a withdrawal fee of US$35 per transaction.Of course, if Qu Li opens a company in the United States, the rate for using PayPal is most likely 2.4% plus US$0.3.

"Online payment in the United States is very convenient..." Yang Zhiyuan deliberately refused. Yahoo closed their third-party payment PayDirect in 2004.

"I'm thinking about another level of issues, the needs of different industries and the convenience of payment. For example, the New York Times opens a subscription account on Yahoo News, and paying users can receive news pushed by the New York Times on the Yahoo website. Then they need What kind of third-party payment? I think fourth-party payment may be more suitable for them."

"Fourth party payment?" Yang Zhiyuan was stunned.

Qu Li was talking about Stripe. Anyway, he didn’t know the founder of Stripe. It might not be a good thing for Yahoo, an Internet company with Chinese origin, to grow.

"What do you mean by this?"

"I want to cooperate with Yahoo to establish such a fourth-party payment company." Jumei's payment channels in the United States do not have many problems. PayPal can be used, and you can also pay directly with credit cards, online banking, and even checks. There are many ways. But Qu Li felt that Yahoo was a very good platform, and while Yang Zhiyuan was in office, he had a good impression of him, so of course he wanted to take advantage of it.

"This matter is not urgent, let's talk about Twitter first..."

"That's fine, I'm optimistic about the development of this company in the mobile Internet era."

"Do you really want to build a cell phone?"

"Of course, it's already being done."

"How brave."

"I suddenly made a lot of money, and I thought that I would never be able to use it in my life, so I might as well do something more meaningful. Even if the mobile phone company goes bankrupt, I can still have enough food and clothing. At most, I won't be able to meet Jerry. La Here, Bridges and you, the world’s elites.”

"You too, when I was your age..."

"Age is nothing. In the Internet age, no one knows where a genius will pop up. Aren't there many such examples in the United States?" Zuckerberg will always be Yahoo's pain.