Chapter 1120 The Best Choice

Hastings was really annoyed. He was very proud of himself and his company. He believed that he led Netflix and was subverting the industry.

Blockbuster, which had previously disdained him, was now copying his model. This was the best proof.

But Feng Yiping actually said that his model, like Blockbuster's most primitive model, was about to become obsolete?

He simply denied the part he was most proud of over the years. This was something he could never accept. He endured it again and again and didn't say "how dare you?"

This was actually normal. Just like if someone were to say to Nokia's chairman and CEO Jorma Ollila or the newly appointed Motorola CEO Ed Sander, "Hey, guys, you're on the wrong path,"

or "If you keep going like this, you won't have many good days left," they would probably be treated as mentally ill immediately.

Hastings took a deep breath and tried not to get angry. No matter what happened next, at least for now, before he knew why Feng Yiping was so sure of his cards, he couldn't tear his face off.

This was also another aspect that annoyed Hastings.

Since the meeting in Napa Valley and after listening to Buchanan's words, he and his subordinates have combed this industry over and over again.

However, no matter how hard they tried, they still couldn't even touch the edge of the blue ocean they had vowed to talk about again and again. If you still mention it now, does it really exist?

"Mr. Feng, this is also one of the main reasons why I have always wanted to meet with you. Which direction is the correct direction you mentioned, the new model you mentioned?"

"I think you should know the answer when you ask this question," Feng Yiping said with a smile. Even a fool wouldn't answer his question!

Hastings naturally knew that Feng Yiping would definitely not answer directly if he asked so directly, but it didn't cost anything to ask.

"We have considered all aspects of the factors many times, and we always think that our current model is the most advanced," Hastings stared at Feng Yiping and said.

Feng Yiping shook his head.

Yes, when Nokia agreed to be acquired by Microsoft, its president said, "We did nothing wrong, but for some reason, we lost!"

"This is a question of vision," Feng Yiping said bluntly.

"Since you think our model is also going to be outdated, why are you still so interested in Netflix?" This is also something Hastings can't figure out.

"Buchanan should have made this question very clear to you?" Feng Yiping said, "The reason why I want to acquire Netflix is ​​mainly for you and the team you lead."

Facts have proved that Hastings and his team have done a good job in this matter, so there is no need for him to go to the trouble of forming another team.

Moreover, although he has repeatedly belittled Netflix, these subscribers who have become accustomed to Netflix's services are also very valuable assets.

"I think that you can withstand the pressure and make Netflix to its current scale, so as long as you are on the right path, you will definitely make this business bigger and more glorious,"

"Glory?"

"It will be quite glorious," Feng Yiping stood up, "Mr. Hastings, what do you think of me?"

Hastings was speechless about Feng Yiping's change of topic again. He asked the same question, what do you mean? Do you want me to praise you?

"Let's not talk about my other investments, just talk about my acquisition of Coin Star. What do you think is the purpose of my acquisition of Coin Star?"

"After I acquired Coin Star, did I reorganize and sell it, or transfer its high-quality assets, or use Coin Star to finance the next capital operation?"

"None of them!"

Hastings nodded. He had to admit that at least from the current point of view, Feng Yiping's investment in Coin Star was indeed not speculation.

"Not only did I not weaken it, I also invested more financial and material resources to promote its better development. Facts have proved that I have indeed used this ability to develop Coin Star, which has been in a stagnant period, better, right?"

"Today's Coin Star has greatly improved its market performance and shareholder returns compared to before I acquired it?"

Hastings nodded again. He also couldn't deny this. "Your series of operations have indeed made Coin Star a new look."

"So, you don't have to worry about my purpose of acquiring Netflix. I solemnly reiterate to you that the reason I want to acquire Netflix is ​​to develop Netflix better,"

"Same "Just like when I acquired Coinstar, I now have a very complete plan for how Netflix will develop after the acquisition."

"Let me tell you this, we have already made all the preparations for the acquisition of Netflix. We naturally hope to get the support of the directors headed by you, so that we can merge in harmony and make this business bigger together."

"Of course, if you and the board of directors resist, we also have a backup plan. I believe you are also clear about this."

Hastings is of course clear. After he clearly rejected Buchanan for the first time, NEXTDOOR was obviously still moving forward step by step as planned, and their intentions can be seen.

"If it weren't for my admiration for you and your team, do you think it would be difficult for me to launch a similar company now? Don't deny this, Mr. Hastings,"

…………

"It seems that there are few choices for the upstream supply of cobalt oxide, but lithium carbonate," Cummins looked at the summary report on the upstream supply chain handed over by his subordinates in front of him, "put aside the other regions for now, and focus on finding out what carbonate can be provided in China. Lithium companies,"

This is not only because the group currently only produces lithium batteries in China, but considering other factors, Jiasheng can more smoothly get involved in the key upstream industry of lithium batteries in China.

"At the same time, two other aspects of analysis must be conducted to predict the future development trend of lithium batteries and the development trend of industries that also require the use of these two raw materials. Based on the trends in these two aspects, we will see whether it is necessary for us to integrate these two upstream industry,"

"Based on this premise, it is most economical to calculate how much resources we invest in integrating these two industries,"

"Okay," the subordinate listened and took notes.

"Let's do this for now," Cummins nodded, glanced at the office opposite again, and might as well have been tapped on the shoulder, "Hi,"

"Mike? What's wrong?"

Mike smiled and looked towards the office opposite, "Are you curious or worried?"

This is what I was talking about.

“A little bit of both,” Cummins said.

He had nothing to do today so he came here to take a look. He couldn't understand the current situation. The two people over there were standing in front of the window, as if they were watching the scenery. They were not engaged in art. Yeah, the rain is hitting the trees, what’s there to see?

"Haha, don't worry," Mike held his hands, "From my experience, there is no negotiation that Feng can't control. Come, come to my office, he finally agreed to our full advertising. You are experienced, take a look at our plan Is there anything missing,"

"This is really good news,"

Before choosing to accept the appointment of Huaqiang, Cummins naturally had an in-depth understanding of the status of several Huaqiang companies in the United States. Naturally, he could see that the biggest and most profitable aspect of NEXTDOOR was advertising.

However, Feng Yiping unexpectedly repeatedly postponed this opportunity before. Many people were puzzled, but Cummins admired him very much for this. Not everyone can remain unmoved in the face of a large amount of income that can be expected.

He also understood Feng Yiping's decision. The reason why he did this was not because he didn't know or looked down upon the benefits, but to attract more users in the hope of getting greater benefits in the future.

It seems like now is the perfect time?

"We are launching more and more functions, and several professional evaluation agencies have given positive reviews. NEXTDOOR's large-scale advertising now will bring some inconvenience to users. However, this small inconvenience will It will never cause them to stay away from our site,"

"Since Feng Du is sure, then this time must be the most suitable," Cummins glanced over there again and saw Hastings just turning around and saying something excitedly to Feng Yiping.

…………

"I think I understand,"

"Understand what?" Through the window, you can still hear the rustling sound of light rain falling on the trees and grass. The water in the sand has boiled again. This weather and his arrangements are very strange. It has softened the atmosphere of today's tense and very important negotiation.

"As for why you insist on acquiring Netflix," Hastings said excitedly, "There may be one of the reasons you mentioned. Our team is rare,"

"Of course," Feng Yiping said.

"The most important point," Hastings put his hands on his hips, feeling that he was finally in the upper hand at this moment - even though he still didn't know which direction Feng Yiping was talking about, "You lack time, right?"

He laughed happily, "It is indeed as you said. It is now easy for NEXTDOOR to launch a company similar to Netflix. However, your plan must have time requirements. You will wait until you start a new company to launch it. If the development is on track, it must exceed this time requirement, am I right?”

Feng Yiping was really a little surprised. As expected, none of these guys were easy to fool. Combining some of his own words, he actually guessed this so easily.

"You are indeed very keen," Feng Yiping did not hide it. He nodded, "You are right, this plan has time requirements, but this deadline is not as important as you think now,"

"Just because I am a perfectionist and hope to get things done in one step. I set the deadline myself. If it exceeds a certain period of time, the subsequent work will be more troublesome, that's all."

"The main thing is that I very much hope to work with your team to make this business bigger. I insist that you are the best person in charge of that company in the future,"

When he said this, he was actually putting his position higher than Hastings, but the latter didn't care about it at this time.

It was a rare moment that he caught one of Feng Yiping's weaknesses and gained an upper hand. Hastings, who had been a little hesitant, finally felt at ease, "Thank you for your recognition. I am naturally qualified for all jobs in this industry. However, I still hope I can find a way,"

He held Feng Yiping's hand and said, "Nice to meet Feng. Goodbye."

Since Feng Yiping has a time limit, then when that time limit comes, he will definitely find out what it is, and then he will know which direction he has been talking about.

"Trust me, Hastings, this is your best choice, good for you and Netflix," Feng Yiping sent him to the door calmly, "Or you can choose another way, but I can tell you for sure that, like Redbox, you may cause me some trouble, but that's all, the final outcome will not change at all,"

"Really? I admire your confidence, I have to say that we have another thing in common, that is, we are equally confident," Hastings smiled, "Goodbye!"

Looking at his back that suddenly became brisk, Feng Yiping sighed. Sure enough, God will not be overly partial to anyone, and will not let everything develop according to his wishes. At least now, every acquisition intention of his cannot be as smooth as Coin Star.

However, Feng Yiping believes that this will definitely be possible in the future. After he has acquired several companies and led them to achieve great progress and development, the subsequent acquisition targets will not resist his mergers and acquisitions without some particularly strong reasons.

"Did the talk go well? I see Hastings is so happy," Cummins, who was still paying attention to this side, came over and asked.

"What makes him happy may not be a good thing for us. Follow Plan B,"

"Huh?" The so-called Plan B is the plan other than the friendly merger and acquisition.

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