Wall Street Legend

Mr. David Geffen was kind, and Ye Dongqing reciprocated. He called Reed Hastings, the current CEO and founder of Netflix, and asked him to help him contact Mr. Geffen to see if there was anything he could do. There is no possibility of cooperation.

Regarding Netflix, he has been treating it with less control and less questioning. Obviously, he has not treated Apple, Amazon, Tencent and other companies with the same care. This is mainly because the current development ideas are fine and Ye Dongqing does not need to spend too much thought. , just follow the current development ideas and slowly expand the market. It will take time to compete with the traditional video rental giants.

He has invested more than 400 million U.S. dollars in Netflix. The amount of funds is not large. It has brought him nearly 100 million U.S. dollars in returns over such a long time. The current total market value is just over 4 billion U.S. dollars, and he holds 100% of the shares. Thirteen, investment may be increased in the future, but the specific amount is limited. Nowadays, the focus is still on the mobile intelligence industry and surrounding fields, and we are continuing to look for companies worthy of investment. After all, there is still so much cash lying on the company's accounts, so much that it is only Can continue to increase its holdings of Amazon shares.

After asking Laura to come over, I made a call. After returning to the hotel, I had dinner and then looked at Facebook’s recent financial statements. I will visit Apple tomorrow and also visit Amazon’s California logistics warehouse. , as a major shareholder, you can’t just invest and just ignore it.

Speaking of Facebook, just yesterday, its number of global users exceeded 220 million. This refers to registered users. The average daily number of users is as high as more than 130 million, which is already a very dazzling number. In addition, there are Many accounts that no one has logged in to for six months in a row cannot bring any benefits to the company at all, and can only make the publicly announced numbers more beautiful.

The original profit model is no longer suitable, and advertising is still the focus. However, third-party application sharing and game sharing models are also being explored. Recently, Facebook has also considered optimizing the previous advertising promotion model and adopting a more accurate advertising matching model. Facebook It has mastered various data of more than 100 million users, including interests, occupations, home addresses, etc. These are all data very related to personal consumption tendencies.

After it is put into use, it will probably be able to attract more advertising resources and increase the price slightly. Mr. Jeff Bezos of Amazon attaches great importance to Facebook's user resources and has already placed a lot of ads. What's next? There may be deeper cooperation. Last time, Mr. Bezos mentioned it in front of Ye Dongqing. As for how to cooperate, a charter that satisfies both parties has not yet been drawn up.

It is certain that FB can bring a large number of users to Amazon. The question now is how much benefit Amazon can give FB. Ye Dongqing has shares in both companies, but Amazon is not his Amazon after all. There is no reason for him to If you cut the meat and feed it to other shareholders, you still have to settle the accounts clearly.

A super data processing center is under construction in the Santa Clara County area. The total initial investment is about 300 million US dollars, including supercomputers and several very large databases. This investment was paid for by FB itself. Ye Dongqing did not spend any money. Money, he hopes to use this data processing center to provide users with faster and more accurate supporting services. Skype has been sold, Whatsapp instant messaging program and Youtube will also be able to use it in the future, and Amazon and Apple may also join. , there is no reason to duplicate construction, and it can save a lot of money in the long run.

Recently, many Internet companies have spent a lot of money to develop this thing. What is called a cloud computing platform? Ye Dongqing didn't know much about it, but a group of experts said it could be done, so he agreed.

Laymen cannot interfere too much with the affairs of insiders, so Ye Dongqing only makes suggestions and formulates development directions for these Internet companies. The specific implementation links are left to the most professional people. Over such a long time, they have developed a tacit understanding, such as The person in charge of Facebook, Whatsapp, and YouTube will only tell him the increase or decrease in the number of users, financial income and expenditure, etc., and the user reviews, which he himself will use frequently and find out some shortcomings. at.

It’s hard to imagine that he relied on this little knowledge to develop these companies. In fact, there are many founders who do this. If the boss knows everything, then why do he pay so much salary to the supervisors? .

…

The bed was very comfortable, the room was very clean, and there was a beautiful woman sleeping next to me.

Such an environment should be very suitable for rest, but Ye Dongqing didn't fall asleep. It was already past two o'clock in the evening, and his head was already filled with all kinds of thoughts and news.

The issue that makes Ye Dongqing so entangled is of course a major issue. The issue he is considering is how to achieve broader resource sharing on the basis of maintaining the advantages of each company, so that the companies under him can help each other and complement each other, such as Amazon and Facebook, and to a certain extent, Facebook’s user adhesion can greatly promote Amazon’s performance growth, and Amazon can also stimulate Facebook’s advantages in online merchants.

After much deliberation, the final conclusion was that in addition to in-depth cooperation, the two companies could also merge and use Facebook's cash flow to fill Amazon's hole. He was shocked by this idea, and finally decided to do so because a backdoor listing was not cost-effective. After rejecting it, I then thought about WhatsApp, which has replaced AOL's ICQ program, and considered whether to acquire the ICQ department and convert their users into users of Facebook and WhatsApp chat programs, at a cost of more than one billion U.S. dollars. With hundreds of millions of global users, it seems that it is not a loss, but Ye Dongqing is sure to seize ICQ's current market share in the next time, which means that it is a waste of money.

In the end, he didn't come to the best conclusion. This made Ye Dongqing feel that his brain was not full. It seemed necessary to ask some experts to help make suggestions to achieve the greatest degree of complementary advantages, which was directly related to the future development of his industries. How far.

He didn't remember when he fell asleep. When he woke up, Mahi had already finished his morning run and had come back and taken a shower.

She asked: What do you want to eat? How much bread would you like to send?

Have you eaten?

Um.

Then there's no need to help me prepare. Do you want to stay in the hotel to rest today, or go shopping in San Francisco, or be my secretary and accompany me to the company? Ye Dongqing asked.

...I'll accompany you to the company. You went fishing yesterday and I was just watching TV in the room. But I may not be able to accompany you tomorrow. I found out on the Internet that there is a Monet exhibition in San Francisco.

Monet? I have a painting by him at home. I'll let you enjoy it slowly when the time comes...