Chapter 1617 Preparation and Progress

Xiao Qi must hold the patents and talents of Nortel Networks.

The reason is simple. Nortel's technology patents in optical fiber, 3g, 4g, network switching, wireless communication, etc. are world-class. If Xiao Qi wants to continue to develop, he must obtain these patents and talents.

Especially talent is the most important.

If you have a patent, the current protection period is 20 years. Maybe more than half of the time of many patents has passed, and there are only a few years of patent licensing benefits left.

But with talents who can continuously develop new patents, it can ensure that your patent monopoly can continue.

I have never heard of a company whose patent barrier can be achieved only by relying on a few or dozens of patents, or at least hundreds or thousands of patents that are continuously issued, and then continue to introduce new ones in decades. This can constitute a long-term patent monopoly.

Don't look at their usual reputation and strength as if they are not as good as emerging companies, but their real potential strength makes people feel terrible-haven't you seen that the US government, defense, scientific research and other institutions use their products? Such a company, it is impossible for you to want it to go bankrupt! Is the name of the government-supported enterprise a joke?

As for absorbing these large numbers of experts and technicians, it will greatly increase the burden on Mingxiang Holdings North American Laboratory, and the expenses will skyrocket, that is not a problem.

The scale of Mingxiang Holdings’ North American laboratory, Xiao Qi has never been too big, a Chinese company wants to develop high-tech, you can’t get past these advanced-educated European and American experts, use foreigners to fight for your own business, That is undoubtedly a good thing.

What's more, these experts are not domestic experts who just eat their qualifications. They have real talents and knowledge, and they can all contribute their own strength and intelligence to Xiao Qi. It is not difficult to make money from them, several times or even dozens of times the investment.

In addition, another most important acquisition of Xiao Qi. That is the wholly owned acquisition of Yahoo.

He had this plan after the previous offer for the shares of Alibaba owned by Yahoo was rejected, and it was not about venting anger at all, but because of their rejection, which made Xiao Qi feel suddenly enlightened.

There are many good things about Yahoo, such as search engine patents, various company stocks, strong R&D personnel... etc. As the first Internet listed company in the United States, Le is even deeper.

It is also spending so much money, not only can you get shares in Alibaba. You can still get so many accompanying gifts, no idiot would want to!

According to the history of the previous life, yahoo will reach the lowest price in history at the end of this year-the market value is only 12.7 billion US dollars.

It is conceivable that Yahoo's management has failed to turn such a large company into a state where its net assets are higher than its market value, and Chairman Yang has once again proved it to the world. The truth that good company founders are not necessarily good managers.

Of course, Xiao Qi couldn't be so slow-witted, and at that time, he would talk to Yahoo's important shareholders about acquisitions and go to the stock market to buy their stocks.

Buying stocks is not what it says on the books. Today Yahoo only has 12.7 billion US dollars. If you spend 12.7 billion US dollars today, you can fully control Yahoo. This is obviously just a dream.

Yahoo's shareholding is very complicated, with management holdings, institutional holdings, retail holdings, tradable shares, etc., let alone one person. Even if you are given dozens of elites in a department, you can complete the entire acquisition within two or three months, which is also a very powerful performance!

During this period, it is possible that the stock value of Yahoo will increase, and you need to pay a premium to buy from institutional investors. Compulsory takeover privatization also requires a premium...

People who want to buy the lowest point, people who care about every penny, are definitely not people who do big things!

Because you don't know at all whether someone will compete with you at that time, let alone any surprises.

Therefore, after Tong Wencong completed the privatization work of imax, Xiao Qi began to prepare information about Yahoo. Once the financial crisis broke out in September, he could immediately devote himself to contacting and negotiating with shareholders of Yahoo, striving for the best possible outcome. The acquisition of yahoo's shares was completed at a fast speed.

Of course, the acquisition of Yahoo is not that simple. First of all, the US Anti-Monopoly Commission and Fair Trade Commission will pay close attention to this incident.

Generally speaking, if they find out that Xiao Qi is making an acquisition, their first reaction is to judge that the acquisition is illegal and order Xiao Qi to stop the acquisition—because these companies in the United States that involve network security are not allowed to be acquired by a company. controlled by the Chinese.

Therefore, when Tong Wencong was preparing information, he still needed to throw a lot of money to the lobbying giants in Washington.

There is a very strange law in the United States, that is, the Lobbying Act. Lobbying companies and lobbyists must be registered to be eligible to lobby, and this law also stipulates many rules and regulations. It is called to restrain and let lobbyists It is more transparent, but it is actually breeding chips for transactions.

But fortunately, there are these endless lobbying companies in the United States, more than 25,000 registered lobbyists, and more than 100,000 indirect service teams, which make every decision of the US government full of conspiracy and transactions.

Yahoo cannot be sold to Chinese people, but if Xiao Qi uses them to lobby, and then make some promises, such as not moving out of the United States, working as usual, etc., it is probably feasible.

The only thing the young man has to pay is a large sum of money. Hundreds of millions are small, and it may even cost more than one billion US dollars to complete the whole process, which can be described as a huge cost.

But how could Xiao Qi be a loser in business?

He has paid so much, and naturally he has gained more!

Think about the 40% stake in Alibaba alone. By the end of 2013, it is conservatively estimated that it has exceeded 60 billion US dollars. Not to mention the above-mentioned, Yahoo also has other assets, patents, etc. in its hands.

In fact, it is precisely because Yahoo has such ample capital in its hands that 12.7 billion US dollars is just an unexpected and unreasonable value. After a few months, this value will almost double, and it has not fallen since then.

If you want to acquire what you want, then this time, you must prepare properly and hit it with one blow!

While preparing for the acquisition of Yahoo, Hoffman has been busy with Xiao Qi's new round of investment in the United States to establish a company.

The foursquare social networking site started its public beta in November, and officially went online in December. Soon, through the novel sharing function, with the real-time support of the powerful network wifi, and the support of sufficient funds given by Xiao Qi, it was immediately available on the Internet. Among young people in North America, a youth storm of social networking sites has been set off.

People in Europe and the United States like social networking sites the most. Speaking of which, they are free and open enough, but they still think that the Internet is better, more interesting than reality, and can escape many negative things in reality.

Therefore, social networking sites are very popular in the United States.

But another aspect of popularity is that the competition is very fierce.

There are dozens of well-known and well-known social networking sites. If you don't have any real skills, it is difficult to stand out under the shadow of those giants.

Foursquare is undoubtedly a social networking site with novel ideas. The main slogan is geographical sharing and timely sharing, so that friends can pay attention to their own journeys, business trips, etc., which is cool to themselves, but cool to others. It's like visiting that place with a friend.

For any website to become famous, it needs the support of advertisements.

With Xiao Qi's restructuring funds to advertise, foursquare became the coolest website in a short time, the number of registered users exceeded 23 million in one month, and the number of active users per week also exceeded 8.45 million, making it the 9th most active website in the United States The social networking site is completely beyond everyone's expectations.

Of course, in addition to the reasons for advertisements and novel ideas, there is also the reason why Hoffman has built the interior of the website very well. Whether it is uploading geographical locations, or uploading comments and photos, etc., the structure is real. There will be no problems such as network jams, continuous failures, etc., giving people a very good user experience, and naturally attracting many young people.

As for the game development of gool game, Hoffman really found 15 game development teams in the industry, and nervously developed "Happy Farm", "Happy City", "Texas Hold'em", "Coffee World", "Pet Community", "Bejeweled Blitz" and so on have been transformed into real games, and several of them have entered the public beta. It is expected that they will be able to log in to Yspce and other social networking sites as early as mid-January.

The construction of airbnb's website is not a difficult problem. The problem is that at the beginning of its opening, it invites families from various places to join the plan.

This is not something that can be done online, and offline promotion is also very important. Hoffman’s team has already started to travel to various tourist destinations in the United States, using advertisements and other publicity, and began to promote this concept. Now it seems that The effect is not bad, but if you want to reach a preliminary scale, I'm afraid you really need to wait a few more months.

No matter how the situation is going, everything is going to be good in the end. (to be continued..)