Rebirth of the 92 Business Tycoon

Chapter 3009 Still Need to Work Hard

On May 20, when Bloomberg released a report at noon with photos of George Riddle and Jeff Williams smiling and exchanging agreements, this patent acquisition case that attracted widespread attention finally came to an end.

As a result, it can be said that everyone is happy. Nortel's creditors unexpectedly received high returns, and Apple, the largest smartphone company, also obtained the patents they urgently needed.

Greatly improved their ability to deal with patent litigation.

Soon, some people also paid attention to the other party in this acquisition case. The companies of the current richest man and the former richest man joined together, but finally gave up voluntarily?

Everyone couldn't help but explore other reasons behind it. It stands to reason that billions of dollars should not be given up just like that, especially considering the situation facing Android and their poor patent reserves.

Experts are still speculating on the reasons. On the Internet, many people have begun to pay attention to news such as "Feng Yiping's first failure".

There are people who gloat over the misfortune and think that Feng Yiping finally has a time of failure, but there are also many who support him unconditionally.

On Quora, a question-and-answer website under NEXTDOOR, this topic is also very popular.

The world's first question-and-answer website has now become another unicorn company under NEXTDOOR. Many well-known investors have given it a valuation of at least $1.5 billion.

This is not surprising. Relying on NEXTDOOR's huge social empire and the good cooperation with Google, Quora can log in directly with Facebook, Twitter, Google and other accounts, so that Quora does not have to worry about how to develop users.

This is the reason why it is easy to get shade under a big tree and why the strong will always be strong.

The activeness of many bigwigs, including Feng Yiping, on Quora has also greatly increased its popularity and greatly improved user stickiness.

Up to now, Quora has become a favorite website for many people.

Therefore, in the afternoon, Feng Yiping received a report from Quora that more than a hundred users asked him questions directly, hoping that he would answer why he chose to give up.

Is there any government reason behind this?

Is it because companies represented by Apple jointly expressed opposition on the day the auction started, leading to the intervention of the US and Canadian governments?

Or is it because Apple has the Canadian high-tech company BlackBerry on its side?

It is said that after BlackBerry obtained preferential conditions such as tax exemption and subsidies from the government, they actually did not spend a penny. Is this unfair competition caused by government subsidies? ...

The reason why many people ask this question is that they fully believe that Feng Yiping's arrangement for such an acquisition case will be foolproof.

So, his failure can only be due to objective reasons.

This really touched Feng Yiping and made him a little ashamed.

These supporters gave him unconditional support. Their love was very pure, but he could hardly be considered a pure person.

At this time, he was not idle either. He, Mayer, and other company leaders working in the park were holding a meeting. The main force of the meeting was the team brought back by Cummins from Toronto.

Feng Yiping might be open-minded, but they could not be open-minded. At this time, they were all very depressed. After all, this was the first time they really messed up.

"Everyone," Feng Yiping cheered them up with a smile on his face, "I hope you can look at this result from a more positive perspective,"

"Of course, we also hope that, like the previous mergers and acquisitions, we can succeed smoothly this time, but this failure may not be without positive significance,"

He walked behind Cummins, who also had his head down, and put his hands on his shoulders, "How can this not be a failure to avoid us paying a high cost that far exceeds the value?"

Cummins' waist straightened a little, and the eyes of other members of the merger and acquisition team also brightened a little.

"Everyone will also think that our failure to acquire Nortel's patents actually more effectively guarantees our smooth acquisition of Motorola,"

"Although we can successfully bid for Nortel's patents, it will not necessarily have a negative impact on our acquisition of Motorola,"

"But now such a result undoubtedly completely eliminates such possible negative effects, isn't it?"

Cummins' waist straightened a little more, and the faces of other people in the team finally had a little more spirit.

Feng Yiping clapped his hands, the sound was crisp, "So everyone, raise your heads and stand up straight, this failure is nothing,"

"I still need everyone to go all out to acquire Motorola immediately,"

"I believe that everyone will use a clean and tidy victory to prove our strength,"

At this moment, everyone's emotions were finally fully mobilized.

And Mayer found that he really had a lot to learn from Feng Yiping.

Feng Yiping also walked back to his seat, "Of course, we must also sum up the lessons of this failure,"

"But I hope everyone will not spend too much time complaining about the betrayal of allies. I think everyone understands that each of us has responsibilities to bear, and they are also responsible for the interests of their companies by doing so,"

"This just reminds us that if we have to choose allies in the future, we must be more cautious, and, allies are also found by me, so the responsibility is on me,"

Cummins said immediately, "Feng..."

If Microsoft hadn't joined forces, if Intel hadn't joined, they would have given up before $3 billion.

With Microsoft, a powerful ally, sharing the burden, they could easily raise the price so many times.

Feng Yiping waved his hand to interrupt him, "I don't know if you have thought of another point. This time, one of the reasons why we finally failed was because our main opponent was Apple!"

"This is also the first time we have faced an old high-tech company like Apple,"

"Although we are very strong, we have to say that compared with high-tech companies like Apple, we have a big gap in all aspects,"

Rubin took a lot of effort to stop himself from shouting, "We also produce smartphones!"

"From this perspective, our failure this time is not incomprehensible,"

"Although we believe that one day we will be the most outstanding company in the world, but now, Apple is stronger than us,"

He looked at everyone, "We must admit this!"

"Facing the gap is the basis for growth and transcendence,"

Most people looked directly at him, and they were not discouraged.

This is good.

"I would also like to remind everyone that in the future, we will increasingly compete head-on with companies like Apple that are strong and have a rich history,"

"Can we ensure that the next time we compete with similar companies, for example, when competing with Microsoft, we will definitely have the upper hand?"

"So everyone," he glanced across everyone's faces again, "it's not time for us to be proud, we still need to work harder,"

"Although some of our companies have performed very well," he looked at Zuckerberg and his team, "For example, everyone knows that the current valuation of Facebook has exceeded 120 billion US dollars,"

This undoubtedly made everyone feel excited again.

Market value below 100 billion and above 100 billion are two different worlds.

Those above 100 billion can confidently call themselves a big company.

"But the biggest difference between today's era and the old era is that unicorn companies emerge in an endless stream, and even companies with a market value of more than 100 billion US dollars may appear every year,"

"Don't slack off, everyone," he said earnestly.

At this moment, many people, like Zuckerberg, looked at Feng Yiping with burning eyes. Feng Yiping's words successfully aroused their fighting spirit...

…………

At 10 o'clock in the evening, Feng Yiping logged on to Quora and answered the questions that netizens were concerned about, "The reason why the acquisition of Nortel Networks' patents was not successful in the end was not only because of the successful operation of the Apple and BlackBerry alliance, but also because we and our friends, Microsoft and Intel, agreed that the final price greatly exceeded our estimate of the value of this batch of patents..."

"Of course, it also has a lot to do with the fact that the plan I made was not thorough and perfect. I personally should be responsible for this,"

"I want everyone to know that I will make mistakes, and I may make mistakes again in the future,"

"But I will definitely learn lessons from this failure..."

"Thank you very much for your support and care, thank you everyone!"

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