Chapter 1158 Showing Off
When we met Randolph again, the bandage on his head was gone, but his overall condition was worse than when we met yesterday.
Yesterday, he was still very high-spirited, but today, after his mood calmed down, he thought about the consequences of yesterday's incident, and it was inevitable that he would have some recurrences.
"In view of Netflix's recent weak development and the severe competition it currently faces, many institutional shareholders are actually not very interested in continuing to hold Netflix shares,"
The situation related to Randolph being suspended by Hastings overnight has been further confirmed. In the restaurant, Cummins assured Randolph and roughly informed Randolph of the current acquisition progress.
"Hastings is right, Netflix's fundamentals are still good," Randolph couldn't help but explain for the company he founded. "This year's growth is actually not bad, but it just came out of the Internet winter. A lot of resources have been allocated to deal with competition from Wal-Mart,"
"Randolph, we don't have any other meanings," Feng Yiping picked up the wine glass and clinked it with him, "One of the reasons is that after nearly three years of ice age, Internet companies have recovered one after another this year, so in comparison, Netflix’s performance is not stellar,”
This year, although the stock prices of Internet companies in the United States have not increased astonishingly by dozens of times like the three domestic portals, the stock prices of large giants such as Microsoft have improved significantly.
Among a large number of Internet companies, Netflix's performance is indeed average.
"I'm sorry Feng, I didn't mean anything else," Randolph said a little embarrassed. This role change was a little difficult to do for a while.
"I understand," Feng Yiping nodded. "I think the biggest shortcoming of Netflix's work this year is that it spends too much energy on defense. There must be some shortcomings in the power allocation used for offense and expansion."
Randolph thought for a while, "Feng, you are right, it is true,"
"In fact, this also reflects the management of Netflix from the side. Of course, it is mainly due to Hastings's lack of confidence. What's wrong with Wal-Mart joining in? Let's just say that in the field of DVD rental, online DVD rental only now accounts for the entire market share. How much, less than 20%,”
"To put it another way, the gap is the potential. Correspondingly, at least most of the resources should be used for market development instead of passive defense,"
"I know that Walmart's comprehensive strength is strong, but Netflix is the pioneer in this field after all and has a very good foundation. Isn't the most effective way to deal with competition is to do everything possible to expand its advantages?"
"Always paying attention to Wal-Mart's every move, and its quick reactions, strategically speaking, have fallen behind," Feng Yiping said while holding a glass of wine.
He said so much not to show off, but to give Randolph, an important supporter who joined midway, a clear and intuitive understanding of his own vision and abilities.
What I saw and heard through other channels was not as impressive as hearing my clear and reasonable analysis face to face.
Feng Yiping achieved his goal perfectly.
Randolph put down his knife and fork and thought about Feng Yiping's words intently. The more he thought about it, the more sense it made.
"Feng," he raised his glass excitedly, "you are so right, you should say this on our board of directors,"
"I feel like there is something wrong with some of the company's arrangements. Everyone is obviously working hard, but the results are not good. Now it is clear that there is something wrong with the direction of our efforts,"
"You are indeed as talented as I heard,"
He couldn't help but compare Feng Yiping and Hastings, and found that, at least from now on, Hastings was obviously inferior to the young man in front of him in terms of attitude and vision.
"I also want to go to Netflix's board of directors to express my views as soon as possible, but it's up to Randolph to think more about this,"
"As for my opinions, it's not surprising, because you are insiders, and sometimes your thinking is inevitably limited to a limited framework. Outsiders like us can't see it clearly,"
"Don't worry Feng, Hastings can't take away my seat on the board of directors in a short time. I will do my best to explain the pros and cons to the directors. Believe me, I am still popular on the board of directors." ," Randolph said.
Hastings' determination and Feng Yiping's tolerance made him have no hesitation at this moment.
"Or, before that, can you join us in persuading some institutional shareholders," Cummins suggested. "In this regard, you will definitely be more persuasive,"
"No problem, which one is the most urgent?"
Feng Yiping is a little helpless, which is why he is a little reluctant to eat out now.
Whenever you eat out, no matter where you are, it will most likely end up being a work meal.
"Randolph," he called Randolph before getting in the car, "don't worry about one thing. I promise that in the end, the relationship between you and Hastings will be restored to what it was before."
Couples will divorce and brothers will fall out, but they can remarry after divorce and reconcile after falling out. In this regard, Feng Yiping also has a rough plan.
"Thank you Feng," people are emotional animals. Although he and Hastings have turned against each other, they have not become enemies. Over the years, some relationships have become habits. If the current situation can be changed, There's no harm in that, of course.
…………
At San Francisco Airport, the luggage brought back this time also needs to be pulled by a luggage cart.
Mike and others who have personal connections with Feng Yiping know that Feng Yiping doesn't like these things. They didn't come to the airport, but just called to greet him. The only outsider who came to the airport to see him off was Wu Xinyang.
Old-fashioned people like Mei Qiuping have a strong sense of regionality. When they meet compatriots abroad, they treat them as if they were fellow villagers. They really treat Feng Yiping's classmate as a junior. "Girl, it's not easy to be alone abroad. Be careful. If you have something to do, find Yiping or Jingping. Don't be shy. Also, remember to contact your family more often."
Wu Xinyang seemed to be really moved. She hasn't made any friends in Silicon Valley for such a long time.
It's not that no one asked her out at night. There were some people in the group who came with her, and there were also people she met at work in the past few days, but without exception, they were all men.
She didn't plan to get close to any opposite sex so soon. Feng Yiping's words were still ringing in her ears. She didn't want Feng Yiping to look down on her.
Zheng Jiayi is in Seattle. She has no one to talk to recently. No matter how strong she is, she is a girl who just arrived abroad. She went to Feng Yiping's house again on the weekend and really got close to these elders who were not arrogant.
"I remember, you should take care of your health,"
"Yiping, we are not asking you to use the back door. You should pay more attention to these people brought from China and be responsible for their parents," Mei Jianzhong said.
Feng Yiping thought that their parents were very happy to have such an opportunity, "Okay, Grandpa,"
"At the beginning of next month, remember to behave well. It's a pity that we can't wait," Feng Zhenchang pulled him and said, "That's a big deal, you must take it seriously,"
"I know," For such a thing, it doesn't matter if it's not his turn, but he was specially called, how can he neglect it, how dare he neglect it?
Huang Chengzhong didn't say anything, patted Feng Yiping on the shoulder, and said to his daughter, "Be good, I'll wait for you to go home for the New Year."
Amanda, who was always very obedient, was a little impatient. Several people hugged each other, and the two grandmothers kissed each other, which made her a little unhappy.
When she watched the plane take off, she was still a little happy, "Plane, our plane,"
However, on the way home, looking at the empty seats in the back of the car, she asked again, "It's so empty, where is grandma, where is grandma?"
…………
At Netflix, Wilson looked very upset and sat in Hastings' office, "My lawyer said that he was sabotaging, and I have every reason to sue him,"
"Wilson, I don't want to make a big deal about this," Hastings said, looking out the window.
"I know you are good friends with him, but Hastings, this is not an ordinary incident, this is a very serious crime," Wilson waved his hand and said, "I can't tolerate it,"
"No, Wilson, you should understand that the reason I made this decision is entirely for the benefit of the company," Hastings turned around and looked at Wilson and said, "If the news of the conflict between the co-founders of the company spreads, do you think it will have a positive impact on us?"
"In addition, don't forget that your position and your office all come from him,"
"Okay, I can not sue, then I ask for additional equity rewards, and a seat on the board of directors," Wilson said.
Hastings heard this, his eyes were cold.
PS: Thank you all for your support for another month!