Chapter 2187 Preparation
They even found it quite exciting to confront Wall Street and American financial institutions.
It is really hard to say that these guys in Silicon Valley, especially the founders of companies, have a good impression of Wall Street in the west, that is, the venture capital on Dune Road, or real Wall Street.
Not to mention being plucked out by Wall Street at various opportunities, such as when it was first listed.
Let's just say that from the day they started their own business, the two Wall Streets would never stop infiltrating them.
Or for some entrepreneurs, they feel that this is an honor and opportunity. If the company they founded can be favored by Wall Street, it means success to a certain extent, because it means the approval of those on Wall Street. So, this is also an opportunity to cash out.
But for most entrepreneurs who are interested in starting a business, the example of Yahoo is enough to wake them up.
Yahoo, which was originally a signature brand in the Internet field, has performed increasingly poorly in the past two years. It is completely driven by profit and only focuses on short-term interests. As a result, Yahoo's performance in the past two years has not been as good as before.
The important thing is that there is no possibility of reversal in this situation.
If we also take into account some traditions in the short history of the United States, that is, the traditional elites in the east and the original bumpkins in the west look down upon each other. In addition, the elites in Silicon Valley have inherent characteristics. The rebellious spirit….
Whether it is for Jobs, Page or Brin, such an opportunity is simply too good to be true.
Originally, you could only have various ways and channels to take advantage of us. Now, hum, I finally have the opportunity for you to kneel on the ground and sing about conquest.
They have been waiting for a long time and finally had the chance to realize their dream today. Therefore, they really think it is quite exciting!
Feng Yiping felt their emotions, which was great!
"So, what are the risks of this investment?" Jobs asked.
The phone in his pocket vibrated again.
This time, he didn’t even look at it, and immediately turned off the phone. Although he was already using an iPhone, what he brought today was not iPhone. Before that, the only person who had the opportunity to see him display a real phone was the operator’s new iPhone. Le's president.
Opportunities are good, optimism is optimism, but he is still cautious.
Without it, I was too impulsive when I was young. I sold my shares of Apple until I had only one share left. Therefore, my current net worth is not only incomparable to that tasteless guy Bill Gates, but also to these three juniors in front of me. There is no comparison. This investment of US$1 billion must be done with caution.
"In the final analysis, there is still the risk of finally honoring our contract. One is that some banks may not be willing to honor the original contract, and the other is that some banks may go bankrupt."
"But don't worry, considering the current situation, our problem is, at most, a question of how many times we can make money."
That means at least you will make money, that’s good!
"How did Wall Street get to where it is today?" Page asked.
In any case, the financial field is a field that the entire United States is proud of. It is a traditional elite field in the United States. But now it seems that there are such big problems in this field.
"There are too many reasons, but the most important thing is greed, greed that is divorced from reality,"
"We develop a product based on the actual needs of users. After development, we will also consider the user's feelings and continue to make various adjustments with the user as the center."
"But their only purpose is to make their performance bigger, because only by making their performance bigger can those banks get more handling fees, and they can earn more commissions,"
"But what is the basis for them to become big, they don't care at all,"
"For example, their foundation may be like this,"
"Page and I were betting against each other in a casino in Las Vegas. Page had been winning before, so this time, he bet 10 million. Then Brin thought, Page will still win, but Jobs, you I feel that it should be my turn to win, so you make a bet of 50 million with him that I will win, and the odds are three to one."
"Then, Gates, who had been watching the excitement, jumped out. He bet 100 million on whether Brin would win the bet between the two of you."
"Well, he really does that," Jobs interjected.
Although it was true, it sounded funny to Feng Yiping and the other three.
These two titans, as has been the case over the years, just like the East and West of the United States, have always disliked each other.
Feng Yiping smiled and said, "If the cycle continues like this, in the end, the bets related to this bet can easily roll into billions like a snowball, but its foundation is nothing more than the relationship between Page and I." It’s just a gamble worth 10 million,”
"I see," Jobs nodded.
"So, Wall Street has always been really playing a numbers game?" Page said.
Feng Yiping spread his hands again.
Isn't that the case, but they play so big and the profits are so high. There are too many people in this world who are still worried that Wall Street won't let them play.
However, although the reflex arc is relatively long, in this game similar to drumming and passing flowers, there will always be a time when the drum stops, and then it is no longer fun.
But all that has nothing to do with them.
"Such a large-scale financial crisis," Jobs was playing with the water cup again, but it was much easier than when he first started.
"You know more about this, Feng, what do you think will be the consequences when the crisis breaks out? Oh, no, what preparations do you think we should make in order to be unaffected by this crisis?"
This was the first time that Jobs felt that it was not easy to even ask the right question.
When investing in other projects, there would not be such a situation, because they could consult their own financial advisors, but this time, because Feng Yiping repeatedly emphasized that they kept their financial advisors strictly confidential.
"This is also the reason why I called everyone here today. For a company, in such a crisis, it is naturally the most secure to have the most cash in hand,"
"Of course, I believe that with the launch of the iPhone in a few days, and the subsequent launch of the iPhone, this epoch-making product that you have been preparing for so long to develop, Jobs, will definitely bring rolling cash flow to Apple even in the financial crisis,"
"Haha," Jobs smiled.
This is both self-confidence and a habit of keeping secrets. Even though he himself has already explained to Feng Yiping and others that they are developing iPhones, and asked Google and Facebook to develop supporting software for iPhones, and even asked Feng Yiping's optical industrial park to develop ideal glass panels for iPhones.
"What about us?" Page asked.
"For Google, we will be more cautious in deciding our M&A projects from now on," Feng Yiping said.
For Google, whose revenue and stock price have been rising, they have spent a lot of money in the past two years.
According to the information received by Feng Yiping, there are already five acquisition projects under discussion, and some of them have been sued by competitors such as Microsoft and Yahoo to the Federal Trade Commission (FTC).
"That is, keep more cash in hand," Page said immediately.
"Yes,"
"But it's not that we won't acquire. We still have to acquire projects that help increase our revenue, that is, projects that can promote our online advertising," Feng Yiping said.
In such a big situation, saving money is inevitable, but open source is equally important.
And Google's current revenue still mainly depends on advertising.
It seemed that all the problems had been solved. Feng Yiping smiled and asked them, "So, can we serve the food?"
"Come on, I'm starving," Brin said.
"Come on," Jobs said, "We have to toast you."
It's not often that Jobs can say a toast.
Feng Yiping gave an order, and then, like them, turned on his phone, read text messages, and listened to messages.
"By the way, Steve, how are you preparing for the press conference?" Page asked casually.
"Well," Jobs, who was also looking at his phone, responded casually. After realizing Page's question, he frowned, "Can I finish this lunch easily?"
Feng Yiping and the others couldn't help laughing again.
From his reaction, it can be said that the current preparations for Apple's crucial press conference are obvious.
However, it is impossible for him to tell the current problems he is facing. Naturally, he will not tell Feng Yiping and the others that although there are only a few days left, the probability of no problems with the iPhone during their rehearsal is 0.
"I believe there will be no problems on the day of the press conference," Feng Yiping said.
But he didn't know if there would be no problems, because he had not paid attention to this crucial press conference of Apple.
"Well, there will be no problems," said Jobs.
He could not accept the possibility of any problems in this press conference.
"Just, are you sure you won't go on stage to introduce Facebook?"
How much importance Jobs attached to this press conference can be seen from who he invited to the stage.
Not only the president of the operator Xingler, who cooperated with them, but also Chief Yang and Schmidt will speak at the press conference.
This is naturally to support Apple, but it is also an opportunity to promote its own products.
As the founder of Facebook and the entrepreneurial idol of the world's youth, Jobs hopes that Feng Yiping can also speak on stage.
"I won't go on stage," Feng Yiping said with a smile, "This is the most important press conference for you and Apple. If there are two Chinese faces on the stage, I am worried that it will have a bad impact on the products you released."
So this is the reason?
Jobs was stunned for a moment, "Feng, although this is not a glorious thing, your concerns are indeed reasonable."
If two Chinese people appeared in succession at such an important Apple conference, it might indeed have a bad impact.
What's more, because of the failure to reach an agreement with Chinese operators, Apple's first generation iPhone has been determined not to enter the country.
One of the conditions for Apple's cooperation with Xinggele is that Xinggele will subsidize Apple 10 US dollars for each iPhone.
But for the telecommunications companies in our great China, I help you sell mobile phones, and I also subsidize you? Are you kidding me?
This is also one of the reasons why many people in China had to spend a high price to buy parallel imported phones from Hong Kong at that time.
Page patted Feng Yiping, and Brin also patted Feng Yiping, as if to apologize.
No matter how loud you scream, racial discrimination in the United States, especially discrimination against Asians, exists objectively.
Jobs took a sip of the soup and said, "How about I ask Yahoo to replace someone with Filo or Semel?"
One of the two people he was talking about was the other founder of Yahoo, another chief, David Filo.
Semel is the president of Yahoo, so he is qualified to take office.
Feng Yiping said quickly, "It's really not necessary."
The reason why he did not go on stage was not only to reduce the possible adverse impact on Apple, but also to downplay the fact that Facebook was founded by himself.
"Zuckerberg will complete this task perfectly. I believe you will also like him,"
Because Feng Yiping had just read some articles in this area.
Maybe it was because Jobs and Zuckerberg were both considered artistic youths, or maybe it was because they were both good at subtraction. Anyway, later on, the Silicon Valley person that Jobs admired most was Zuckerberg.
Of course, Feng Yiping estimated that this was also due to Jobs's dissatisfaction with Google. Who made Google launch Android at that time?
So he showed his appreciation for the founder of Google's biggest rival.
"Really?" Jobs asked.
"Yes, he also admires you very much," Feng Yiping said.
This is not true.
Although Jobs later said many times that the Silicon Valley person he admired most was Zuckerberg, what was heartbreaking was that Zuckerberg said that he most wanted to be like Bill Gates.
This is another version of the sad story that he likes him, but the person he likes the most is his enemy.
When Jobs was already very excited about the press conference, it would be better not to mention such a heart-wrenching thing.
"Here's to our investment," Feng Yiping raised his glass.
"Jing Feng," Jobs said.