RBCT Chapter 1102 Wisdom Collision (8K)
Chapter 1102 Wisdom Collision (8K)
Chapter 1102 Wisdom Collision (8K)
The conference room at Unicom headquarters was silent.
Mr. Fang wants to go, and if he is not allowed to go, it is like tossing a coin into the sky in a dilemma, knowing the answer in his heart before it falls.
However, the positioning of Yixin's valuation has changed from 3 million US dollars to 30 billion US dollars. This kind of divergence needs to be digested even if Mr. Fang is extravagant.
Yesterday's internal discussion in China Unicom, based on Yixin's current situation and development prospects, gave a valuation range of 6 million to 10 billion US dollars, and the strategy formulated today is red face and white face...
But the growth of Yixin during the Spring Festival is too astonishing, Mr. Fang can justify himself by dispelling doubts...
Wu Yunjun hesitated, and Huo Kaixiang, Tu Xueli and other Unicom executives also pondered silently when they saw this.
Seeing that the people from China Unicom were silent, Fang Zhuo gave his family a look and asked them to distribute Yike's internal summary of Yixin's series of marketing activities during the Spring Festival.
Yixin doubled the number of users in just a few days. Such data was taken out to be included in textbook cases. Unicom executives got the internal materials and looked at them carefully. There was only the sound of pages turning in the office for a while. .
Seeing that Wu Yunjun was also studying seriously, Fang Zhuo reached out to pick up the teacup and took two sips of tea that was not too hot.
Actually, that Tu Xueli's question just now was very good.
Do you value the development of Yixin or the development of Yike Department?
Is this still an option?
Fangzhuo will indeed actively explore the profit model of Yixin, but it will never give up its simplicity. It can be listed, but the prospect will not be so inflated.
However, this does not mean that China Unicom's investment will lose money. It can make money if it makes money. It doesn't need to make so much money. This is not a diode.
This kind of psychology is undesirable.
All in all, Fang Zhuo came to China Unicom this time with sincerity and willingness to talk about cooperation with each other.
Yixin's Spring Festival marketing was a great success, which opened up the position with Penguin Letters, but it does not mean that it completely defeated Penguin's layout in the field of mobile communications.
Just as the influence of the hippopotamus incident will pass, the influence of the red envelopes during the Spring Festival Gala will also pass.
From October to the present, Penguin has not announced the number of users of the letter, but Yike's internal assessment is that it has at least 700 million active users or more.
Where does this silent pursuit come from?It is also the QQ traffic that Penguin is proud of.
The diversion of letters from QQ is simple and rude, but the effect is immediate.
Since the launch of Yixin on National Day last year, many voices in online public opinion have claimed that they will not use Penguin products, but it is the silent majority that really determines the success of the competition.
Just like the 3Q war, the 360 at that time won widespread sympathy from the public opinion, as if everyone wanted to choose 360, as if the penguin had no living space at all, but the fact is that the installed capacity of 360 has plummeted, silent Most of them directly uninstall the less-needed side.
This is what Yi Xin faced before the Spring Festival Gala.
And will the red envelopes of this Spring Festival Gala be the victory?
Even if the number of users in Yike has doubled today, it is not so optimistic, let alone Fang Zhuo himself-Penguin can still continue the diversion of QQ, so it can still silently catch up, and it can also burn money to send red envelopes , You can even spend a lot of money on the cooperation of the Spring Festival Gala in the next year, and you can also do a Spring Festival Gala marketing.
In the past, WeChat vigorously expanded electronic payment with the red envelopes of the Spring Festival Gala, but the electronic red envelopes that were active on the stage of the Spring Festival Gala were not limited to that year. The competition between the giants lasted for several years. Yes, Douyin has paid a lot of money...
Now, Yixin has taken a surprise move and made two leading positions, but after the popularity subsides, most of the Penguin traffic's silence strikes again. How can Yixin keep the lead?
Penguin can flow slowly, and it is difficult for Yixin to bring in a third explosive marketing traffic in a short time.
As of February 2010, Penguin had 2 million active accounts, and the highest online account exceeded 5.62 million. According to last year's financial report, its Internet value-added service paid monthly users exceeded 1 million, and its mobile and telecom value-added service paid monthly users. More than 6100 million.
Giant Penguin still has an extremely solid foundation in the communications field.
Before Fang Zhuo, there is a problem that needs to be considered and solved. After the Spring Festival, can the increase in user traffic relying on Android hardware allow Yixin to maintain its lead and not be narrowed?
The answer is very difficult, because the opposite is Penguin, its basic traffic and innovation methods determine its tenacity and resilience.
Therefore, Fang Zhuo looked around and needed to bring more traffic to Yixin, but how many traffics in the world could match Penguin's traffic?
Coincidentally, Mr. Wu posted it on behalf of China Unicom, which has both traffic and resources.
As the saying goes, Lang is affectionate, and the concubine sees Lang as affectionate, which can be regarded as barely compatible.
As for the co-production method, whether it will cause trouble in the future, Yixin's current main conflict is to win the competition with Penguin, and only after winning can we talk about other things.
He wants to win but is afraid of trouble. There are few such good things in market competition. Fang Zhuo has always been a person who is not afraid of trouble. This time, he not only considers China Unicom, but also if China Telecom is willing to cooperate, he will not refuse.
As for mobile, it has its established Fetion, so there is probably no room for cooperation.
Regarding the operator's opinion on the communication software, Fang Zhuo has heard other news in the capital these days. A proposal meeting will be held next month, and China Mobile may have to make some articles.
If there is progress in cooperation with China Unicom this month, Fang Zhuo also hopes that the opinions within the operators will be divided next month instead of forming a joint force at the meeting.
Yixin not only wants to challenge Penguin, the overlord in the communication field, but also inevitably touches the business interests of operators, and still needs cooperation and development according to local conditions.
However, in order to prepare for this adaptation to local conditions, Fang Zhuo used the AB share equity structure for the first time in Yixin. By the way, he let the MIGA fund cover for financial investment a year ago, and injected the funds needed for the Spring Festival activities.
In this way, from the aspects of corporate structure, resource cooperation, marketing activities, hardware growth and other aspects, Yixin is expected to maintain vitality in the medium and long-term competition, and will not be silenced by the majority silent.
"Mr. Fang, based on the 18 access clusters you have built in three cities during the Spring Festival, Yixin is really Yixin from Yike."
Wu Yunjun put down the materials in his hand, both admiring and expressing his attitude.
Judging from the preparations disclosed in the document, Yike provided too much technical support for this Spring Festival Gala, so that it had a brilliant blow to Penguin, which even made Yixin look like a leather bag company.
"Yike is still a mobile phone company after all. We hope that the entire system can exchange resources and support each other's technologies, but also have fresh genetic collisions." Fang Zhuo said with a smile, "So, Yixin is a separate company. The same is true for companies such as Sogou and AutoNavi."
Wu Yunjun nodded. He can roughly understand Mr. Fang's strategy of linking and cooperating with the system ecology. As for whether he is right or not, the system competition against Penguin this time seems to be working well.
He thought very fast, tapped his fingers on the table but did not make a sound, and said slowly: "Mr. Fang, this 30 billion US dollars is 205 billion Huaxia coins. I believe Yixin will have a good prospect, but if you start with this estimate, just like you It is said that Yixin can learn from Penguin's value-added profits, but after all, there is no verification..."
Wu Yunjun saw that Mr. Fang wanted to speak, and motioned him to listen to himself: "We are sincere in cooperation this time, Mr. Huo, please show Mr. Fang our cooperation resources."
Huo Kaixiang took out the plan that was pressed down, got up and handed it to Mr. Fang.
This is the cooperation plan between China Unicom and Yixin.
Wu Yunjun took advantage of Mr. Fang to flip through the pages, and beat the side drum beside him: "Mr. Fang, I believe you have the funds to support the development of Yixin. Money is not money. It is important and unimportant. Yixin needs two things to compete with Penguin. There are two magic weapons, one is flow, and the other is flow.”
He believed that Mr. Fang would understand as soon as he heard it.
Yixin needs support from operators to provide mobile phone traffic, as well as China Unicom's user-scale traffic.
In yesterday's Unicom internal meeting, in addition to discussing Yixin's valuation, everyone was also discussing a series of issues such as the bargaining chips they could come up with, the competition between Yixin and Penguin, and so on.
In the competition between these two giants, money is not what matters, but resources are the most important.
China Unicom can provide the resources needed by Yixin. Of course, in turn, timely market response is also a means for China Unicom to attract users, just like the cooperation between China Unicom and Yike mobile phone has brought many 3G users.
Today, the cumulative number of Unicom users exceeds 1.6 million, which is a bargaining chip that needs to be valued by always lowering the value of Yixin.
Wu Yunjun very much agrees with the conclusion discussed yesterday. If there is no opponent like Penguin to follow suit, Mr. Fang can easily open up the communication business from PC to mobile terminal.
This time, the meeting room fell silent as Fang Zhuo flipped through the pages.
After a while, Fang Zhuo put down the document, nodded slightly and said: "Mr. Wu, this is the basis of our cooperation. It is because of the good cooperation between Yike Mobile and China Unicom that I trust China Unicom even more, and I am sitting here for the first time. "
The plan in hand is very detailed, including the resource support of China Unicom terminal, and the description of China Unicom's data package, and even has the prototype of a future-oriented "data card".
However, there is one striking detail on the document.
China Unicom's proposal only has its own name, but not the name of the partner company.
The reason why a chip is a bargaining chip is that it has weight, and this weight can be weighed on one end of the balance or on the other end.
China Unicom not only has good cooperation with Yike Mobile, but also has a good relationship with Penguin.
The vacant position of this plan may not only have the word "Yi Xin" written on it.
The discussion is mutual. There are not only China Unicom and Yike in the world, but also China Telecom and Penguin.
Who needs whom more?Who should benefit more?
Yixin showed real data growth during the Spring Festival, but Unicom hesitated and rejected the previous market value estimate.
Now that China Unicom has put forward a long-prepared cooperation plan, Fang Zhuo... naturally allows China Unicom to bargain.
The tea is cold, brew it again.
Taking advantage of the change of tea, Wu Yunjun changed the atmosphere to a less tense topic. After all, it was the Chinese New Year, and he preferred a more relaxed discussion, rather than approaching with a hard bridge and a hard horse like Mr. Fang.
Fang Zhuo circulated the documents in his hand to his family, signaling them to discuss the content of the cooperation plan with China Unicom. He also smiled and chatted with Mr. Wu about what he had seen and heard in the capital in the past few days.
I went to someone's house to pay New Year's greetings the day before yesterday, what happened to whose words I saw, I went to someone's house to pay New Year's greetings the day before yesterday, how did the family banquet taste like...
Fang Zhuo chatted casually, and the atmosphere calmed down.
When the discussions between Yike and Unicom faded away, Fang Zhuo took a sip of tea, coughed, and said to Wu Yunjun with a smile: "Boss Wu, we have a consensus, and cooperation will benefit both."
The topic is back to the topic.
Wu Yunjun nodded and said with a smile, "That's right, Mr. Fang, so we don't have to bite to death. If you open your mouth and shout 30 billion, I feel numb. I won't be able to explain it even after you ask me to go back."
Fang Zhuo put down his teacup and asked, "Mr. Wu, let's talk about a price. Let's have an intention first."
Wu Yunjun already has opinions written by many senior executives. To advance this cooperation today, at least there must be a basis for continued talks. The two sides will have a deeper contact in the future. Mr. Fang now has the intention of letting go, but ...
Cutting down from a valuation of 30 billion US dollars is two different concepts from rising from hundreds of millions to hundreds of millions of dollars.
The eyes in the meeting room were all on Wu Yunjun's face. He rarely felt a little fever in his back, and his thoughts went back and forth. It will be internal public opinion.
Finally, Wu Yunjun said slowly: "Mr. Fang, I think 20 billion US dollars is a negotiable figure. It is a figure that I can report to Mr. Chang."
"Okay." Fang Zhuo picked up his teacup again.
When Wu Yunjun heard such a word, his head suddenly became dizzy, it was broken, and the price was too high!
"Okay, Mr. Wu, let me talk about our valuation and pricing standards." Fang Zhuo put down his teacup and finished his euphemistic objection.
Wu Yunjun almost couldn't help glaring at each other.
"Mr. Wu, I'm not talking nonsense." Fang Zhuo said seriously, "This trip, we have also carefully explored a reasonable company value that can be recognized by both parties."
Yi Ke and his team all nodded in support. This trip was because it was Chinese New Year, but there were not many executives here, mainly to see their intentions.
"How to set the price, is it to discount the future cash flow, define the asset value of the user, or the price-earnings ratio to the price-to-sales ratio?" Fang Zhuo said, "We don't think it is suitable for a high-growth company like Yixin."
"So, we tried our best to find a target, and we think it is extremely appropriate to use it to measure the real value of Yixin over a period of time."
Fang Zhuo gave the answer: "Shenzhou Taiyue."
The executives of China Unicom were stunned. The name of this company is no stranger. Its full name is Jingcheng Shenzhou Taiyue Software Co., Ltd. Its main business is to provide IT services to large and medium-sized enterprises and administrative departments in domestic telecommunications, finance, energy and other industries. An overall solution for operation and maintenance management.
In other words, Shenzhou Taiyue provides technical solutions for the mobile Fetion business. .
To put it simply, the mobile company has outsourced Fetion's operations and technical support, and Shenzhou Taiyue is doing this job.
"75% of Taiyue's profits come from Fetion. How the market measures it, we think we can refer to this to measure the value of Yixin to a certain extent." Fang Zhuo continued.
Shenzhou Taiyue hit the listing twice, and finally successfully landed on the GEM of the Shenzhen Stock Exchange at the end of October last year.
"The market value of Taiyue at the listing price is 95 billion, and now the market value has doubled to 200 billion."
"It can be seen that the market still recognizes the shell of Fetion."
Fang Zhuo talked about Taiyue's data, and Unicom's executives simply verified it on the computer, which is naturally correct, and there is no need to fabricate this kind of data.
"Mr. Wu, Yixin is now the third largest instant messaging tool. Now I won't say how it compares with Penguin. There is indeed a big gap. It is indeed not an order of magnitude. It really needs to catch up."
"Then compare it with Fetion, the second largest instant messaging company. This is just a shell of Fetion."
"If China Mobile can spin off Fetion, its value will obviously be higher."
"You guys think $30 billion is expensive. Considering the consistent cooperation between us and China Unicom's resources and strength, I think it's okay to let it go, but Mr. Wu, you're too embarrassed to cut off 10 billion dollars with one mouth. One hundred million U.S. dollars."
"This……"
Fang Zhuo was helpless.
He shook his head: "Or, we can wait a little longer, wait until Yixin has a larger scale, and wait for you to approve the valuation of 30 billion US dollars, then we can talk about it."
Wu Yunjun listened to Mr. Fang's eloquent talk, and out of the corner of his eye, he caught a glimpse of someone nodding slightly on his side.
This Shenzhou Taiyue is used as the target of valuation...
"Mr. Fang doesn't need to run on us." Tu Xueli, vice president of China Unicom, said, "Mr. Fang, Shenzhou Taiyue is a listed company, and its market value is the result of these years of development. Yixin has just been established for 5 months. If you compare it directly, Is it reasonable?"
"Yixin will definitely be better than Taiyue in the future." Fang Zhuo said lightly, "I don't even have confidence in the prospects of this business, so I won't sit here and waste effort."
It's hard for Tu Xueli to refute, let's forget about others, this is Mr. Fang sitting in front of him...
She gave a vague "hmm": "Our valuation is not professional, I think it's okay..."
Fang Zhuo interrupted: "Wait, Mr. Tu, we are all professionals here."
He glanced at the team following him.
"I'm Cui Xiu, deputy director of Yike Investment. I used to do investment business at Barclays." Cui Xiu, a member of Yike's accompanying team, said.
"I am Yan Yandao, deputy director of Yike Investment. I came from Deutsche Bank last year and have been doing market research." Yan Yandao, another member, said reservedly.
The third person wanted to talk but was stopped by Fang Zhuo with a wave of his hand.
Tu Xueli looked at Huo Kaixiang at her side, Mr. Huo also came from a financial background, so he can talk at this time, so we can't let this scene be weak.
Huo Kaixiang took a sip of tea, coughed twice, but couldn't see the eyes of his colleagues.
"Mr. Fang, no matter how prominent your investment background in Yike is, it must be biased towards yourself." Unicom executive Luan Hongxing pointed out a point.
"I'm just talking about professionalism." Fang Zhuo smiled, "Then what do you say? Find an objective and independent third party? I still hope that these data will continue to be kept secret."
As long as the data of the red envelope marketing of the Spring Festival Gala has the billion-level interaction disclosed by CCTV, it is enough. Yixin does not plan to disclose the growth of its own user numbers for the time being.
Huo Kaixiang's eyes lit up, he glanced at the BOSS first, and then said: "It's not impossible, Mr. Fang, you said you are good, we have our own ideas, and it is difficult for everyone to measure accurately. Let's find an investment institution to serve as a reference." .”
"Which organization dares to judge me?" Fang Zhuo smiled slightly, "Don't you Unicom prepare someone to be in charge of the evaluation today? It doesn't mean that you all have no professional background."
Several people's eyes fell on Huo Kaixiang. There were quite a lot of people yesterday, and Huo Kaixiang played this role today.
Fang Zhuo couldn't help laughing. It turned out that the one who shouted 3 million US dollars first was the most professional one.
"The opinion given by China Unicom, Mr. Fang must also think that it is from our own position. In this way, we can use it as a reference. I have a friend who is a partner of Qile Venture Capital. He has a good reputation in the industry and first-class professional ability. I have also been immersed in foreign countries for a long time, I wonder if Mr. Fang knows Yan Chaobin?" Huo Kaixiang regained his spirits.
Fang Zhuo shook his head, not all investors knew him.
Seeing that Boss Fang no longer objected, Huo Kaixiang took out his mobile phone and called Yan Chaobin, a partner of Qile Venture Capital, after seeking the opinion of the BOSS, inviting him to attend today's meeting as a non-voting delegate.
While he was on the phone, seeing that it was approaching noon, Fang Zhuo smiled and invited a group of people from China Unicom to go outside for lunch.
Wu Yunjun flatly refused, there is no reason to let the guests come to treat them.
The two of them said this, but Huo Kaixiang's conversation was not smooth.
"Mr. Yan, you put off the afternoon's work. I'm in a hurry for this project." Huo Kaixiang held the phone, feeling a little embarrassed. He wanted to invite a third party, but he didn't expect that the third party didn't want to come.
Fang Zhuo glanced at Huo Kaixiang and said, "Mr. Huo, just say I'm here."
Huo Kaixiang only mentioned the nature of the project, not the person.
Hearing Mr. Fang's words, he said again: "Mr. Yan, Yike's Mr. Fang is also here, and he is talking about the project over there."
After two seconds, the call ended and the invitation became effective.
Wu Yunjun asked in surprise: "Mr. Fang, didn't you just say that you don't know Mr. Yan from Qile Venture Capital?"
Fang Zhuo replied calmly, "Yes, but he must know me."
Not all investors know me, but all investors must know me.
Fang Zhuo saw that Huo Kaixiang's face on the phone was not very good, and said with a smile: "Mr. Huo, I offend a lot of people. If there are too many lice, it doesn't itch. If Mr. Yan is called out for the New Year, he will only blame me, no will blame you."
Huo Kaixiang looked a little better, knowing that Mr. Fang was giving him a step down. This is not a matter of offending others, it is purely not enough face.
It will take time for an objective and independent third party to come over, but we can have lunch together just at noon.
Fang Zhuo didn't talk about business any more, so he casually chatted with these China Unicom executives after the New Year's Eve.
He can talk too much, this time he won't talk about domestic affairs, only overseas affairs.
How did Yike mobile phone find an American operator at that time, and why was it still upstairs to discuss cooperation in a tense atmosphere on the day of the mobile phone launch...
How Wall Street's Hedge Funds Belittled Echo's Stock and Launched a Media Offensive...
How did Yike and Google agree on the independent operation of the Android company...
Fang Zhuo's talk was something that had never been reported by the media, and he was so eloquent that even the executives of China Unicom were fascinated by his eloquence.
Half an hour later, Yan Chaobin from Qile Venture Capital arrived.
"Let's stop talking, let's solve the Wu Zang Temple first. What I'm talking about is worth 1 million yuan. Don't forget to add it to me this afternoon." Fang Zhuo closed the topic, then looked at Yan Chaobin, who was said to be very professional, and shook hands to say hello. "Mr. Yan, I'm sorry to trouble you this time, we just want to hear your opinion on the communication project."
Yan Chaobin shook hands firmly, but he was really a little excited.
New Year's Eve, who wants to work?
But if it's Mr. Fang... if it's the VC tsar who pulls the bear left and the dog right, then it's not impossible.
Yan Chaobin heard Mr. Fang say this, and then looked at today's battle and guessed what the project was. What else could such a communication be besides Yixin, which shined during the Spring Festival?
A small banquet at noon, because the meeting will continue in the afternoon, everyone did not drink, only drank fruit juice, and wished the New Year.
When Wu Yunjun took Fang Zhuo around the headquarters, chatted some gossip, and then returned to the meeting room, Yan Chaobin had already read the materials of China Unicom and Yixin.
And, I also listened to Yike's valuation target, Shenzhou Taiyue, a company whose profits depend on the Fetion business, and this high dependence on a single business involves high risks.
However, such a single is just used to measure Yixin with similar positioning.
Wu Yunjun took his seat, and Fang Zhuo took his seat.
Yan Chaobin put down the information, and talked about his views simply and forcefully: "30 billion US dollars is no problem, and it is no problem if it is higher. The prospect of Yixin is very good. Its dependence on Yike is different from that of Taiyue on Fetion. It's very solid."
Shenzhou Taiyue failed to go public twice. These two failures were due to excessive reliance on Fetion. An important reason for the third success was the effective improvement of the dependency relationship—the contract was changed from one year to three years, so that it will be stable. too much.
Wu Yunjun glared at Huo Kaixiang, is this the person you found?He belongs to Yike, right?Is it because you, the joint party, always make games in the conference room?
Seeing that there was no objection, Yan Chaobin took a breath, and talked about his views on the future communication market incessantly. The more he talked, the more excited he became. If China Unicom cooperates with Yixin, it will really change the sky of this huge market.
30 billion US dollars, a valuation of 30 billion US dollars is not enough!Hurry up and get in the car!
"Cough, Mr. Yan, Mr. Yan, it's fine." Fang Zhuo interrupted Yan Chaobin, looked at Wu Yunjun again, and said dumbfoundedly, "Just use it as a reference."
Wu Yunjun said resentfully, "Well, as a reference."
He even had some suspicions that this person and Mr. Fang knew each other before, but Huo Kaixiang really did it on a whim, and this reference... doesn't count.
"Mr. Yan, you don't need to talk about the data you read today. If you have time, I will treat you to Shanghai." Fang Zhuo said to Yan Chaobin.
Yan Chaobin's expression remained steady: "Well, Mr. Fang, I'm just telling the truth. Mr. Wu, I can only say that the communication market has a huge stage."
Wu Yunjun gave a "hmm" and signaled Huo Kaixiang to ask this unreliable venture capital partner to go out.
The scene in the meeting room was a little deserted.
Third-party investors recognized Taiyue's target...
Fang Zhuo opened his mouth to break the silence: "Mr. Wu, we have talked about all the data, we have read all the information, and we have said all we should say. I have confidence in Yixin. I have confidence in Yixin and China Unicom. We also have confidence in the win-win cooperation, so how about we make an appointment to meet Chairman Chang another day?"
Wu Yunjun was still a little embarrassed: "Boss Fang, it's not that I don't have confidence, it's that Yixin's price is really..."
"US$28 billion. Let's talk about the cooperation between the two parties on this basis. China Unicom will hold no more than 30% of the shares. Yixin's independent operation will not be disturbed. We will seek to go public in the future." Fang Zhuo slashed himself, indicating the basic conditions, and extended Extend your right hand and hang in the air.
Wu Yunjun looked at Mr. Fang, and seeing that no one else in the conference room had any objection, he stretched out his right hand and sighed, "Mr. Fang, I hope you, Yi Xingui, are worth it."
After the valuation intention is finalized, the two parties will continue to negotiate on this consensus, and may involve multiple cooperation methods.
Fang Zhuo let go of his hand and said with a smile, "Mr. Wu, this is definitely a win-win situation."
Wu Yunjun also showed a smile: "Mr. Fang, let's make this win-win situation even more."
……
It was not until the evening that Yike’s negotiation team left Unicom’s headquarters. The valuation intention was finalized, and there were still many rules and regulations, including Yixin’s AB share ownership structure, Unicom’s resource value, and so on.
After sending off President Fang and his party, Vice President Huo Kaixiang smoked a cigarette before knocking on the door of President Wu's office.
He walked in and saw that Mr. Wu was still studying Yike's Spring Festival marketing summary.
"Yixin is really good this time." Wu Yunjun asked Mr. Huo to pour tea by himself, amazed, "If its user growth is revealed, Penguin's stock price will still fall, um, but Mr. Fang is also a cautious person."
Yixin is advancing so fast, Mr. Fang is thinking about the traffic resources for the next step, and thinking of cooperating with China Unicom to advance, he is really prepared for danger in times of peace.
Huo Kaixiang waited for Mr. Wu to finish sighing, and then said carefully: "Yeah, Fang is always a cautious person. It can be seen from the fact that he used the Yike patent to trap and kill hedge funds. He knows where his flaws are, and he can often use them in reverse. Such a defect."
After hearing this, Wu Yunjun put down the materials, and said with a smile, "You have an opinion and don't speak it to his face? Come here now and tell me what?"
"I don't have an opinion, I'm..." Huo Kaixiang thought for a while, "I think Fang is always the kind of person who spends all the money in the frying pan. Yixin's business model and development prospects all depend on Based on his decision-making, is this risk difficult to control?"
Wu Yunjun didn't speak.
What would Huo Kaixiang say: "Mr. Tu said before that this is a comparison between Yixin and Yike Department. How will Mr. Fang choose? If he insists on not letting Yixin make large-scale profits, then even if we have a seat on the board of directors What can he do? Is he the kind of person who accepts our instructions?"
The specific cooperation has not yet been finalized, but the risks seem to be condensed on the head of Yike, but this Mr. Fang has an extremely cold personality.
Huo Kaixiang never believed it. If China Unicom had an opinion, Fang would always listen to it.
"Then why didn't you push him out when he was about to leave?" Wu Yunjun asked.
"This, isn't Yixin very attractive." Huo Kaixiang said helplessly, "Mr. Fang gave Yike's disadvantages to hedge funds last year, but now he seems to be giving us Yixin's advantages."
This is Yixin, which has exploded and grown during the Spring Festival. How to push it out?
Wu Yunjun picked up his teacup and snorted coldly: "Yes, Yike's launch of Yixin is definitely a strategic move. It is now in the lead and the future situation is very good, but the problems you mentioned do exist, but don't worry."
Huo Kaixiang's spirit lifted, Mr. Wu was so confident, how could he counterattack?
He looked at the boss with piercing eyes.
Wu Yunjun took a sip of tea slowly, then spit the tea back into the cup, and said leisurely, "Don't worry, you have to trust the wisdom of future generations."
Huo Kaixiang: "..."
hiss……
(End of this chapter)