Reborn Entrepreneurial Giant.

Chapter 210 Yahoo Lucky

Qu Li invested US$5000 million in a pure electric car company that was in dire straits. This was seen by everyone at Vision Investment as an irrational and foolish move.

"Don't worry so much, I believe in Musk." Qu Ligangang said arbitrarily, and then began to explain: "You know SpaceX, on September 9 this year, the Falcon rocket was successfully launched for the fourth time this year..."

"..." Everyone is still confused

"SpaceX has strategic value no matter which country it is in, is that true?" Looking at the companies or countries around the world that are capable of launching rockets, you can clearly understand how awesome SpaceX is.

"Musk has many friends in Silicon Valley, including the founder of Google. The upper echelons of the United States should have noticed Musk and his company. SpaceX should be able to get large orders to keep this company alive.

Let’s talk about the automobile industry. General Motors is about to go bankrupt, and only Ford, the three major American automobile brands, has some dignity left. Let’s not talk about enterprises, but think about the American automobile industry, or the hollowing out of the manufacturing industry.

With the outbreak of the financial crisis, many people have talked about the negative impact of the hollowing out of the U.S. manufacturing industry. So after the presidential change, it should be understandable that policies to support the manufacturing industry will be introduced. Ao Guanhai said that he would support new energy and environmental protection industries... …”

The President of the United States has been de facto confirmed on November 11, and there are still processes to go through. Ao Guanhai is the successor, so many people are studying him, including investment institutions such as Vision.Aoguanhai later supported new energy and environmental protection industries, information and Internet industries, biological and medical industries, space and marine industries, all industries in which the United States has an advantage.

Looking at the problem from a higher perspective, Tesla's value is completely different. Qu Li spent US$5000 million to acquire 10% of Tesla's additional shares.Musk was so excited that he almost danced for him, but he stopped him. It was too exciting.

He left Tesla and went to Yahoo. At the beginning of the year, Microsoft wanted to acquire Yahoo at a price of US$31 per share for a total price of US$420 billion. Yahoo's board of directors authorized CEO Yang Zhiyuan to raise the price, and the deal fell through.

In the following months, the subprime mortgage crisis intensified, Yahoo's stock price plummeted to $10, dissatisfied investors joined the board of directors, and a series of turbulence occurred. Yahoo founder Yang Zhiyuan was used as a scapegoat.

Qu Li's affairs came to an end, and he happened to come over to comfort Yang Zhiyuan, a good old man.If he has enough capital, he may take the opportunity to acquire more than 5% of Yahoo's shares, and then join the board of directors to transform into mobile Internet. Unfortunately, he is a man of few words.

"Yahoo's annual revenue exceeds 70 billion U.S. dollars, and its profit is only 5 million U.S. dollars. There are still many opportunities." Qu Li is envious. Jumei's market value is less than 15 billion U.S. dollars.

"But the market doesn't recognize it." Yang Zhiyuan was a little unmotivated. He thought he could control the situation, but he failed in the end.

"The mobile Internet wave has begun. If Yahoo seizes the opportunity..." Qu Li has proved with the development of Glory that the mobile Internet has a bright future.

"Hey, that's not my business." Yang Zhiyuan looked downcast.

"What will Lu Qi and the others do if you leave?" Qu Li knew that he did have a certain influence on Yahoo. For example, the minimalist Chrome browser was developed by Lu Qi, but Google seemed to have given up on this plan.

"Browsers plus search engines are effective, and they will not give up." Yang Zhiyuan did not notice the huge value of Chrome at this time. It is no wonder that Firefox is excellent.

Yang Zhiyuan has done a lot at Yahoo this year, giving up many marginal businesses, focusing on news and information, improving the user experience of Yahoo Mail and Yahoo Messenger, increasing investment in search and video, and cooperating with Apple and Google to develop Mobile APP.

Even if Qu Li takes over, he will be able to achieve this level of achievement. The rest depends on execution. This involves internal management and power struggles, which are not what honest people like them are good at.

Yang Zhiyuan had lost his temper after this tribulation, and Qu Li did not say much. Although he was concerned about Ah Li's affairs, he was not suitable to express any opinions.Besides, he had no idea about Yahoo, but he felt a pity for this good old man who had helped him.

After chatting with Yang Zhiyuan, Qu Li made an appointment with Lu Qi: "Are you going to stay at Yahoo, or are you going to leave?"

"I haven't thought about it yet." Lu Qi was stunned.

"I think it's best to leave. Yahoo is not a real Internet company. Google and Facebook are more suitable for you, and so is Microsoft." Qu Li sincerely felt good for him.

"If you want to go to Google, I persuade Larry Page to buy Chrome; if you want to go to Facebook, I can also introduce you to Zuckerberg; I am not familiar with Microsoft, but Wang Jian, Lin Bin and others are all from Microsoft... …”

"They are all big companies, you think highly of me." Lu Qi said with a smile.

"If you think about start-ups, I have exactly three options here. One is a game company that develops games similar to DOTA; the other is Twitter. Their founder team is not good, and neither I nor the people at Sequoia are interested in it. But Twitter is a good idea. If you go there, you have a chance to become the CEO of this company; the last one is Tesla, the man who founded SpaceX and successfully launched the rocket. Tesla is a start-up that manufactures pure electric cars. enterprise……"

"Why are you..." Lu Qi felt strange. He and Qu Li had not met a few times, but the Chrome he developed was greatly influenced by Qu Li. He was almost half of his product manager. From a minimalist appearance to an expanded A strategy of one major update per month and one minor update per week.

"It would be a pity if a talent like you languishes at Yahoo. I originally wanted to invite you to Jumei to be the CEO, but I'm worried that you won't look down on my little broken company. Besides, this is just my personal idea, and I haven't worked with you yet." Others communicate…”

"You didn't even invite me, how did you know I would refuse?"

"I am just a junior high school student. People at home and abroad have always laughed at me, and it has even affected our school recruitment. Many students from well-known universities believe that a company controlled by junior high school students must not be a good company..." Qu Li rarely revealed his heart.

"That's because they have less knowledge. Academic qualifications don't mean everything. For Jumei to be what it is today, I think you should play a major role, otherwise your company wouldn't be so peaceful..." Lu Qi is not stupid, Qu Li runs two companies at the same time Company, he can see news about Jumei and Honor from time to time in the United States. He has no ability to do it. If the management of Jumei does not recognize Qu Li, the employee turnover rate will be so low. Do you really think others are fools?

Ali Baba's stock price fell by nearly 80%, and Jumei's stock price fell by less than 60%. Investors in Silicon Valley and Xiangjiang have already made their choice!

"But Jumei does have a lot of problems now. Let me introduce the situation. Can you help me analyze it?" Qu Li was cunning. He said he wanted Lu Qi to be the CEO, but in fact he wanted to see more of him. ability.

"Okay, I want to get to know Jumei." Lu Qi accepted the test calmly

“At the beginning, I just wanted to be an online fast fashion clothing e-commerce company, danin, which is to learn from Spain’s Zara and combine Internet information technology with the traditional clothing industry.

Trouble is trouble, but the gross profit margin is very high; later I felt that Japan's Uniqlo seemed more suitable for men's consumption, with reliable quality and few styles, so I imitated their model and established the Xiangyun brand; Jumei started out as cosmetics, and big brands don't worry about sales. Small brands have high gross profits. If you build your own brand, you can achieve 100% gross profit..."

Qu Li talked about his entrepreneurial process, including the choices he made at each transformation, including the central platform model that coordinates all centralized operations, as well as the three major platforms of Jumei, Shopee and Juhuasuan, Juyun Technology’s technology accumulation, Jupay’s Financial technology, Riyue Fenghua's self-operated brands and services all Jumei Logistics.

"Why should we keep the glory of the sun and the moon? I think we can give up completely." Lu Qi asked his own question after hearing this

"I think both Jumei and Amazon are essentially retail companies that must follow certain objective laws and eventually lead to price competition. Looking at world-renowned retail companies such as Wal-Mart and Costco, self-operated brands have become their main Source of profit. Where e-commerce can surpass traditional supermarkets and hypermarkets, including Amazon, I think it may be the ability to integrate the entire supply chain..."

"This is something that the company needs to consider later. Isn't Jumei short of money?"

"Lack of money, I can only guarantee that if Jumei Company goes bankrupt within three years, it will definitely not be due to lack of money. In addition, the situations in China and the United States are different. China is the world's factory..."

"I kind of understand, but please give me a week. I want to try for the position of CEO of Jumei..." Lu Qi heard this and knew that Qu Li had clear logic and was not a confused person, so he was interested.

"Okay, I'll wait for you in Yangcheng." Qu Li said with a smile, the heroes of the world are in my midst