Chapter 2523 Want to Start a Company Again?
Compared with Hoffman who likes to stay in the United States and Silicon Valley, Milner prefers to travel around the world.
Of course it's not that he likes it, but Milner can only travel around the world in order to do business, connect with partners, and discuss efforts to deal with the market.
So he came to Rongcheng for the second time within three months.
Sitting in the sunshine room on the top floor of a five-star hotel, the air conditioner makes the room very comfortable. Milner is very comfortable drinking moderate vodka produced in Russia and looking at the starry sky outside.
"When I was outside, I was ashamed to say that I like vodka, because in the upper class in Europe and America, vodka is only drunk by rude people." Milner sighed: "But when I was young, my family was very poor. The first time I drank was vodka, and it was winter, after drinking it, I felt warm all over, and I felt a little more refreshed when I read a book.”
"Things from one's own country, things from one's childhood memories will always occupy a very important position." Xiao Qi laughed, "However, in order not to be isolated from the crowd, one will always make compromises of one kind or another. It’s also understandable.”
Milner nodded, "So I used to think, if I got to the point where I miss you, will I do my own way? The answer is no, because I am already very old, and it is impossible for me to be as young as you Like other people, they do things that don't match their age and experience."
Xiao Qi couldn't help laughing and said: "Are you saying that I am stubborn and willful, and that I don't conform to the customs and rules of the business world at all?"
"That's not true, it's just that I envy Qi Shao, who can do things according to his own heart and don't care about other things." Milner said with a smile, "At least I can't stand the pressure and dare not open up at all. Open APP STORE permissions go out."
Although the valuation of APP STORE has been rising continuously in the past two years, it has also suffered a lot of troubles.
The most important thing is that it controls almost all APP developers in the world, has a powerful and unparalleled influence, and the entire APP STORE is a closed system, so it is naturally said to be unfriendly competition.
If it weren't for the developers signing the agreement before. Let them cooperate with the Microsoft store and the Android store, and the APP store must be split if it is not possible.
In his previous life, Gang Leader Qiao did not encounter such a thing. The reason is that Apple's major shareholders are all important large companies in the United States, and the entire interests are owned by Americans. Of course, they will be lenient.
But now most of the shares of APP STORE are in the hands of Xiannv Company, so of course some people will deliberately come to make trouble.
APP STORE Therefore, there have been constant lawsuits in the past two years, and even the leader of Joe's gang is lamenting that this is completely cheap Xiao Qi's Mario Law Firm. How many opportunities for exercise does the APP STORE provide them?
Even so, Xiao Qi, Qiao Gangzhu and Li Jianxi did not intend to give in. This is related to the foundation of the future establishment of the three companies. How can it be shared by others?
Anyway, the monthly profit of APP STORE has skyrocketed to 4 billion US dollars. Excluding the necessary server increase and cloud storage layout, there is now about 1 billion US dollars left every month. In addition to the profits, it is used for lawsuits The expenses are not too much.
But there is one thing worth noting. That is, it has been 8 months since the monthly sales reached 60 billion U.S. dollars in November last year, but the sales have dropped directly to 50 billion U.S. dollars.
Although many developers gave up the 20% profit share. Choosing a non-exclusive contract has increased the net profit margin of APP STORE to 8%. This is an increase of 1 billion US dollars from the previous 3 billion US dollars, but the decrease in turnover is not a good thing.
The reason is that, on the one hand, the market has gradually stabilized. It is not like when the smartphone was just launched, everyone would buy everything they saw, and bought a lot. Now people are much more rational.
On the other hand, the number of users has not actually increased much. Without more people joining the use of smart phones, the turnover will naturally not increase.
on this point. Xiao Qi, Qiao Gangzhu and Li Jianxi all have a clear understanding.
Maybe in the next step, the sales of APP STORE will continue to decline, and even the profit margin will also decline.
But none of that matters. APP STORE is not judged by temporary wins or losses. What it has to do is to do every detail well and firmly grasp the hearts of users, so that it can always become the overlord of leading smart APP applications.
Of course, the current net profit of 4 billion US dollars per month is already very, very scary. The envy and hatred of countless people is also an important reason why they attack APP STORE one after another.
Thoughts flashed by.
Xiao Qi nodded and said: "It's really not easy for us Hua people, you Russians, to make some achievements in Europe and America. But because I have reached this point, I have no reason to give up or give in. Only If you keep going, you will live up to your hard work.”
These words came to Milner's heart.
If he was not a Russian, how would it be so hard to do investment business now?
Isn't it because the United States has always hated Russia, so even bringing him is not welcome?
Shaking his head, Milner put these things behind him, put down his glass and said, "Qi Shao, I'm here to congratulate you this time. We bought 10% of Facebook for 4 billion US dollars, and 600 million US dollars for Twitter30 % of the shares, it is the largest shareholder of Twitter and the top five shareholders of Facebook. Hehe, some people in the United States are saying sourly that our fund is increasing assets for Miss Tang Mingxiang!"
Tang Mingxiang is the largest shareholder of Facebook.
Because of Milner's investment, Tang Mingxiang bought 40% of Facebook's shares for 8 billion US dollars. In just two years, the value has skyrocketed to 12.8 billion US dollars, an increase of more than 50%.
It is impossible for most people in this world to earn 4.8 billion US dollars in their lifetime, but Tang Mingxiang earned it in two years, which is unbelievable.
Xiao Qi smiled slightly, "Actually, it's because of her good vision. Facebook's future growth is worth looking forward to. Our investment can at least earn five or six times."
"I think so too." Milner nodded and said, "Although Facebook is much more valuable than Twitter, its growth rate will be much higher and its profits will be much higher."
"Yeah, you have worked hard this time." Xiao Qi said, "Are you going to rest for a while, or continue to work?"
"The Zulily flash sale website has just recruited staff, and I have to keep an eye on it. I won't be resting recently." Milner shook his head.
"Then, do you still have spare time, can you help me set up a few more internet companies?" Xiao Qi asked indifferently.
"Do you still want to start?" Milner was stunned. "How many entrepreneurial ideas do you have in your mind? Will you give other entrepreneurs a way to survive?"
Since Xiao Qi said that he wanted to start a company, according to Milner’s previous understanding of Xiao Qi, he must have started it with an expected valuation of at least 1 billion US dollars. Only Xiao Qi could create several companies worth billions of dollars at once. Can think of it, only Xiao Qi can have this ability.
"These are all things I've thought of in the past few years. I don't necessarily know whether it's right or not, but I think it's quite interesting, so let's do it first!" Xiao Qi shrugged. "Don't be so surprised, think about Edison. Compared with him, I am simply far behind!"
Edison invented thousands of items in his life, so he is naturally a genius.
On weekdays, everyone compares Xiao Qi with Edison, and because of Edison's genius, Xiao Qi is not regarded as such a strange character.
Milner nodded and shook his head again, "Tell me, what kind of company is it?"
"The first one is a crowdfunding website, which means that creative individuals or companies can put their R&D and creation projects on this website to raise funds from everyone. It's called crowdfunding for short." Xiao Qi spoke frankly. And Tan said, "The initiator needs to specify how much money he needs and what return he will give to the investors. Only when the investors agree to their terms and the funds raised meet the demand can the project cooperation be established. In the project After the establishment, the website will withdraw 5% of the funds for operation and profit.”
Milner closed his eyes and thought for a while, with a serious expression on his face, "This is to build a platform for middlemen, right? It's easy to create a website, but the most important thing is to supervise the funds and review the qualifications of the initiators. It can’t be a way to cheat money.”
"It's like this." Xiao Qi smiled, and turned to the second item: "When I browse the web, especially when I browse pictures, I always have to use the mouse to click on the page again after I see the bottom. page, which makes me feel a little cumbersome. So I thought, can I invent a program, so that every time I turn to the bottom of a webpage with pictures as its main content, it can load new pictures by itself, Just let me continue to look down. To use an image as an example, it is in the form of a waterfall, pouring down continuously."
"Is this just a little trick?" Milner didn't understand.
"Wouldn't it be interesting if I set up a photo social networking site based on this program, so that everyone's photos can be displayed on one page?" Xiao Qi asked.
"Uh... I don't know about this, but it's a bit too simple!" Milner still insisted on his own opinion.
"Simplicity is not the reason why you can't develop. Just find a professional team to handle this matter for me." Xiao Qi didn't explain too much to him, "I will do these two first in the past few months, plus Zulily Flash Buy the site!"
"it is good!"
Milner readily agreed.
Anyway, Xiao Qi paid the money, he just needs to take the lead in finding a technical and management team.
Whether it is losing money or making money, it has nothing to do with him. Only by running errands for Xiao Qi and building relationships can he have the most important contacts. (to be continued ~^~)