Chapter 2382: The Transforming SKYPE

On the day Buer was born, Xiao Qi bought SKYPE.

This American version of WeChat has one more function than WeChat, which is the function of the phone.

When you use SKYPE, you can not only chat, video, text chat, and transfer files, but also make calls to landlines, mobile phones, and domestic and foreign calls.

Of course, there is a fee to make a call, but this fee is far lower than the normal call fee, which is almost 10% of the price.

And if the person you want to contact also has a SKYPE account, then even if you are not in the same country, the cost of calling between you is free.

This function is known as the biggest challenge to the traditional communication industry, and it is also one of the important reasons for the rise of SKYPE.

However, for EBAY under the financial crisis, SKYPE is still a subsidiary with serious losses. The profits it creates are not proportional to its losses, and the burden is very heavy. The price of 2.8 billion US dollars, sold all SKYPE to Xiao Qi.

After Xiao Qi took over SKYPE, he didn't do much, but it was very important.

First, he found several elites with network experience from a headhunting company and let them join the executive team, which can be regarded as bringing innovation to this team.

Second, Xiao Qi advocated the acquisition of patents and intellectual property rights, so that SKYPE can actively build its own P2P network.

P2P network is the abbreviation of peer-to-peer, which means "partner to partner".

Specifically in SKYPE, as long as the P2P network is built, people who use SKYPE do not need to convey various messages and files through the SKYPE website server, but can send messages and messages to each other between two or several users. document.

This approach makes the communication between users easier and ensures the privacy of their communication, which will make more users like SKYPE and use SKYPE.

The third. Xiao Qi also announced that he will develop a new revenue stream, that is, vigorously develop the telephone function of SKYPE. Expand the business between Europe and the United States, so that more people can give up the original mobile phone bills and fixed-line phone bills, and use cheaper SKYPE calls.

To this end, SKYPE will establish its own marketing network in 28 countries in Europe and America within half a year to sell more airtime cards.

At the same time Xiao Qi also announced. Introducing paid video services, everyone is welcome to shoot the best videos, upload them to the SKYPE network, and set viewing fees to earn income.

WeChat’s emoji package policy has also been implemented among SKYPE users. Not only are the official emoji packages set, users can also set up emoji packages themselves, and upload and download income.

the fourth. Xiao Qi announced that SKYPE will cooperate with Internet giants such as Microsoft, GOOGLE, Chose girl, Facebook, Twitter, etc., and let SKYPE use their technologies. And realize the account information sharing of these websites of users, and become a more open and harmonious platform.

The fifth is the most important thing. After Xiao Qi announced these strategies, he transferred a huge sum of US$1 billion into SKYPE's account, stating that he hoped that SKYPE could use the money in a planned and purposeful manner within a year. Light, laying a solid foundation for SKYPE to become a century-old store.

At that time, the top executives of SKYPE knelt down.

They were originally dissatisfied with Xiao Qi's parachuting of several high-level executives to seize power, but now their eyes and hearts are full of 1 billion US dollars, and they can't see anything else at all.

You know, in EBAY for so many years, the US dollars in their hands are only 500 million US dollars. And there are so many in total!

Now the richest man in the world wants them to use it up within a year...

God!

SKYPE can finally pass the days of the upstarts and local tyrants on the Internet!

as the founding team. They had many ideas and many experiments, but they were not carried out due to financial constraints.

I sold it to EBAY in the past because I wanted their sufficient funds to serve SKYPE. As a result, EBAY was also a miser. After several years, there was no investment at all, and it was completely blind.

Now that he has been resold to the world's richest man, life is completely different.

Look at others, they have to use up 1 billion US dollars within a year, how generous and bold!

The middle and low-level employees of SKYPE are also very happy, because Xiao Qi also gave everyone a salary increase.

Although the increase is only about 10%, but in this financial crisis, not only do not layoffs, but also the salary can be increased, which is already very satisfying.

The high-level people have funds to operate, and the middle and low-level people have raised their salaries. With one mind, naturally the development has been smooth and fast in the past few months.

For example, the most intuitive improvement is that the number of SKYPE users has increased to 380 million. Among them, users of several major cooperative websites and people who also log in to SKYPE with the same account number have exceeded 13 million.

The call score, which best reflects the performance, also increased by 39% compared with the same period last year.

The total amount of recharge cards sold during the same period also exceeded 700 million US dollars, far exceeding market expectations.

At the same time, the various service upgrades launched by SKYPE have also played a very good role. According to the survey, their user viscosity has increased by 17%, even surpassing Facebook in the same period, second only to Twitter and Chose girl.

In just over two months, SKYPE has seen such an immediate change, which surprised everyone.

Most people don't credit the SKYPE team, but the genius boy's strategy and gold dollar policy.

If it wasn't for Xiao Qi's drastic reform of various measures, if it wasn't for Xiao Qi's throwing away 1 billion US dollars during this financial crisis, how could SKYPE change so much?

Investment banks including Goldman Sachs are very envious of Xiao Qi who has so much cash in his hand and can support him to complete so many company reforms.

According to Wall Street's calculations, the person with the most cash flow in the world should be Xiao Qi.

Under the financial crisis, the smart electronics industry, like Noah's Ark, was not affected at all.

As a leader in the smart electronics industry, Fairy Company's income is getting higher and higher, and Xiao Qi has no habit of spending money indiscriminately, and each investment is limited, and he does not spend money extravagantly.

The only few large sums of money were for disaster relief, but the cost was no more than 12 billion U.S. dollars.

Therefore, they believe that Xiao Qi should have cash worth more than 160 billion U.S. dollars in his hands. No one can figure out whether he is holding U.S. dollars, renminbi, Japanese yen, or euros. It is estimated that the strongest renminbi and Japanese currency Yuan mostly.

But only relying on Xiao Qi's several transactions, as well as every sale of Dream Pad, Dream Stars, and Dream Snow, they can roughly calculate it.

The only difficulty facing Wall Street is that Xiao Qi made the cost and profit data of Dream Pad, Dream Stars, and Dream Snow very secretive, and he divided his various profits into many parts, such as dividing patent fees, For example, according to the taxation systems of various countries, and then splitting and merging transfers back and forth in several financial free zones, etc...Anyway, analysts see it as foggy.

Also because of this, the 160 billion US dollars they estimated for Xiao Qi is a bit conservative.

But even this number has attracted the covetousness of countless investors and entrepreneurs.

Especially entrepreneurs who expect to be successful.

What they coveted was not only the huge cash flow in Xiao Qi's hands, but also Xiao Qi's reputation as the "king of investment".

There is a saying in both Silicon Valley and Wall Street.

"Once Xiao Qi is ready to invest or acquire your company, then congratulations, your company will be on the road to prosperity."

Leaving aside, doesn't the current SKYPE prove the excellence of Xiao Qi's vision?

Although Xiao Qi only spent 2.8 billion U.S. dollars to buy SKYPE, but if this momentum continues, it will only take a year or two for SKYPE to break through the market valuation of 10 billion U.S. dollars, right?

But envy is not envy.

First of all, you have to have Xiao Qi's financial resources, so that you can support SKYPE's development without any restrictions, and conquer cities and territories without any scruples.

Then you have to have Xiao Qi's keen mind, so that you can plan the most correct path for SKYPE, so that they can continue to integrate and develop.

These two conditions are not available to ordinary people.

Therefore, the success of SKYPE does not belong to EBAY, but to Xiao Qi.

Indeed.

A company with a market capitalization of just over 50 billion US dollars does not even have one-third of Xiao Qi's cash flow. How can they expect them to be as good as Xiao Qi and win the same victory?

However, for Wall Street and Silicon Valley, the more interested they are in Xiao Qi's investment, the more competition Xiao Qi will encounter in the company he wants to buy in the future.

There may not be too many easy acquisitions like now.

But Xiao Qi didn't care.

His main business has always been the smart electronics industry. In this regard, his layout has already been almost perfected. For other investments, if you can have it, you can have it.

After all, it is impossible for a person to take up all the benefits, one must learn to be content! (to be continued ~^~)

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