I am the only one who practices magic: I practice magic in the city
Chapter 404: Action is worse than Words
Chapter 404: Action is worse than Words (4816)
68 billion Mai Yuan, billion Da Zhou coins!
How long has YSearch been online? Three months? I don’t think so.
Three months ago, Youzi Technology just completed its first round of financing, with a valuation exceeding 126 billion Malaysian dollars.
Three months later, Ysou, a newly established wholly-owned subsidiary of Youzi Technology, has been independently valued at 68 billion yuan and completed its first round of financing!
what does this mean?
This means that the overall valuation of Youzi Technology has reached nearly 200 billion Malaysian dollars, equivalent to billion Da Zhou coins!
When Youzi Technology was valued at 126 billion U.S. dollars in the first round, it had already broken the record for the fastest time for a startup company to reach a valuation of over billion from its establishment.
In the history of the world's Internet, no private company has ever grown so fast.
Previously, the fastest growing companies such as Qianxun, FB, and Snapchat only broke through this valuation and achieved the honor of being a billion-dollar unicorn two years after their establishment.
It's okay for Youzi Technology, but other companies only developed their products after they were established. The previous product development time was relatively long. Even for FB, its products only started to be formalized after it obtained the first small amount of financing.
However, Youzi Technology is a company that was established after it developed artificial intelligence by chance and quickly put it into practical use. It is equivalent to a big hit at the start.
Moreover, the breakthrough in practical artificial intelligence can be regarded as the most important discovery in human history. The topicality and shock it has caused are far beyond the reach of other business model innovations. It is even a greater invention than the steam engine. It is not surprising that it has such a fast growth rate.
But the reason why Ysou has grown so fast, in addition to the innovative integration of AI into the search engine, is entirely due to incredible luck!
Not long after it went online, the Devil's Island incident occurred, which attracted a wave of traffic. Soon after, Qianxun failed. Before it could reap the benefits of Devil's Island, BlackRock gave it a big assist. Finally, Qianxun died suddenly, sending Ysou, a small company that had just been established not long ago, directly to the top spot in the Da Zhou search engine.
It almost makes people think that Youzi Technology is the mastermind behind these black swans.
Now if Yuzu Technology can successfully acquire Qianxun...
Wow, that’s taking off directly.
Ma Yun quickly made a list of 'possible enemies' and 'potential allies' in his mind. There were no friends in this conference hall, only opportunities and threats.
If Ysou really becomes the next Qianxun, is it good or bad for Ahri?
Ma Yun and Ma Hua Teng turned around to look at Fang Yu, then looked at each other and couldn't help but sigh, are the young people nowadays so fierce?
But think about it, the way of playing nowadays is indeed different from that in their time.
In their era, entrepreneurs were all stars and were keen on establishing their own image.
He appears on TV, does interviews, is keen on various business forums, and gives speeches whenever he has nothing to do. Not to mention Ma Yun, who is now known as the nation's dad, even Ma Hua Teng, who is naturally low-key and does not like to show off, has talked nonsense a lot.
Almost every first-generation Internet entrepreneur has left many legends in the world.
Perhaps only Du Jiuan, the boss of the Jiejiegao Group, basically refuses to accept any interviews. Apart from a dinner with Buffett, there are no widely circulated legendary stories about him.
Du Jiuan's younger brother Wang Zheng, who founded Bingxixi last year, is also making great strides in the e-commerce field. The number of its users has exceeded 100 million this month, but his style of doing things is very similar to that of Du Jiuan, and he rarely appears in public.
Don’t mention it, but entrepreneurs in recent years, whether it is Wang Xing, who originally had a flamboyant personality, or Zhang Yiming, who has strong self-control, no matter what their natural personality is, their basic external performance is similar to Du Jiuan, adhering to the principle of "hiding" in front of the public, and not exposing themselves if possible.
No matter whether the media says good or bad things about us, we will not report it. If our name is mentioned, the public relations department will come immediately to ensure the minimum exposure.
As for the business methods, they are all clean and ruthless.
The product is high-profile, but the individual is low-profile.
Now it seems that the same is true for Fang Yu.
Even if we exclude the halo of being the first person in modern artificial intelligence, the fact that a college student has a net worth of 10 billion yuan after one year of entrepreneurship can keep the media hyped for more than half a year without spending any money.
Coupled with Fang Yu's own image and family background, he can easily become the new national idol and husband of the people.
But now, although it is well-known in the circle and ordinary people have heard of Orange Big Model and Y Search, they hardly know the boss’s name and background.
We can't even find any revelations from Fang Yu's classmates or friends on the Internet.
This was completely unimaginable a dozen years ago.
In other words, Fang Yu didn't know what Erma was thinking. If he knew that Erma thought he, Wang Zheng and Zhang Yiming were the same kind of people, he would have to use "fencing skills" on them both.
Is that true? Is that true?
I make money by promoting technological progress, while Bingxixi and Toutiao make money by exploiting "human weaknesses" and magnifying "human evil". How can they be the same?
If Qianxun is still the kind of unscrupulous businessman who sells kitchen knives to others even though he knows that the other party is a gangster, then Bing Xixi and Toutiao are the kind of quack doctors who deliberately spread the Book of the Golden Flower in order to get everyone to go to them for self-castration surgery.
At most, Chihiro is an accomplice of the tiger and is passively committing evil. If the tiger itself does not do evil, Chihiro's behavior itself does not cause any harm.
But these two are actively bad, and the entire company's business model is based on exploiting "human weaknesses".
Not unlike “the Corporation” in dystopian science fiction novels and movies.
"Cough cough."
Just when everyone was shocked that Ysou had completed its first round of financing, Zhang Siqing, who had been silent, coughed twice.
"As the leader of Qianxun's reorganization emergency coordination team, let me say a few words."
"For this Qianxun bidding, all companies that meet the requirements can submit their application materials within the specified time. The Bureau of Standardization and Commerce will assist Yian Prefecture in completing the review of all company application materials within three days."
Having said this, Zhang Siqing paused.
Some of the big guys present listened carefully and keenly discovered that Zhang Siqing said three days, not three working days.
It seems that the people above are really anxious.
Zhang Siqing paused for a moment and continued, "Since Da Zhou joined the international Internet in 3041, the Internet industry has grown from nothing to something, and has undergone a major transformation. It has now become a pillar industry that drives Da Zhou's economy."
"All the entrepreneurs present here are the backbone of the Internet industry in Dazhou. I also believe that the ultimate goal of all of us is the same, which is to ensure that the Internet industry in Dazhou can maintain a prosperous and stable development situation."
"At this critical moment, I hope everyone can put aside their prejudices, unify their thinking, aim to perfectly solve the final problem, offer suggestions, and rely on healthy competition to maintain and optimize the Internet market order in Dazhou."
Having said that, Zhang Siqing paused again, and his eyes seemed to casually sweep over Qiu Hongyi who had just launched an attack.
Qiu Hongyi couldn't help but feel a sinking feeling in her heart.
What do you mean?
Relying on healthy competition? Does that mean I am not engaging in healthy competition?
Fortunately, Zhang Siqing just glanced at him and did not continue the topic, but started talking about business.
"So, today we still want to hear more opinions from entrepreneurs. Do you have any suggestions or additions about this report and plan? You are all professionals, and we also hope to hear more insights." "Is there any entrepreneur who would like to share?"
Zhang Siqing glanced around expressionlessly, only to see so many big shots at the scene, all of them staring at each other, and no one took the initiative to speak.
"Since there is no one, then I will name them." Zhang Siqing nodded casually, "Mr. Ma of A Li, everyone knows that you are good at speaking, you can start it and set an example for everyone."
Ma Yun had long guessed that he would be the first to speak.
Because of his status in the underworld and his ability to fool people, he is usually asked to speak first in such occasions, to lighten the atmosphere and warm up the audience.
Ahri's slang is - breaking the ice.
Ma Yun said calmly, "Thank you all, my colleagues. I was not going to express any opinion today. But I was deeply moved by what Si Qing said just now."
"People say that peers are enemies, but I have always believed that peers are not only not enemies, but are actually Ali's benefactors. It is precisely because of so many excellent and enterprising peers that Ali can achieve today's career and the Great Zhou Internet industry can become the most competitive part of the global Internet."
"Everyone may know that I entered the industry relatively early. I had already started an Internet business a year before Da Zhou joined the Internet industry. In fact, what I started out with was similar to Qianxun, Da Zhou Yellow Pages, but I failed miserably."
There were a few scattered laughs at the scene. With people cheering him on, Ma Yun became more at ease, acting like a master.
“So I know very well how difficult the search engine industry is.”
"It may not be right to speak for Chihiro now, but we must look at any issue dialectically."
"Qianxun has made many very serious mistakes in the past few years and is now suffering the consequences. However, it is not easy for Qianxun to win the competition with international large enterprises in the early stage of Internet entrepreneurship and become such an excellent company. Qianxun's contribution to Dazhou Internet should not be denied."
"I just read this report or plan, and I saw that it has a relatively detailed plan on how to resolve Qianxun's crisis."
"Perhaps the higher-ups didn't want to interfere too much with the normal operations of the company, so they didn't elaborate in detail in the report. I noticed that the report didn't specify what would happen to the brand and operations of the company after Qianxun was acquired."
"I personally believe that no matter who acquires it, Qianxun should at least retain its operational and brand independence. This is not only a respect for Qianxun's efforts over the past decade, but also to ensure that the important intangible assets of Dazhou Internet will not be lost."
"In addition, from the perspective of the security of Dazhou Internet, it is also necessary to ensure the independence of Qianxun's future operations and brand. Otherwise, if there is a problem, the losses caused by the big companies present here may be greater than Qianxun's."
When Ma Yun said this, almost everyone understood his intention.
This guy is really bad.
He knew that even if Ali or Penguin acquired Qianxun, some restrictive policies would inevitably be introduced, and it might also be criticized by the public. So he simply proposed that no matter who acquired Qianxun, the independence of the elite and brand of Qianxun must be guaranteed.
If it is Ali that acquired Qianxun, Ali must be very experienced in this regard. All of Ali's acquisitions were acquisitions that nominally guaranteed the independence of the brand and operations, but in reality they were all hollowed out by the Ali system.
When the time comes, it won’t be up to him to decide what to do.
But if Qianxun is acquired by Youzi Technology or other companies, under this premise, without as much talent pool as Ali, it will be even more difficult to absorb Qianxun.
Ma Yun looked righteous and stern. He paused and continued, "Qianxun's incident sounded a wake-up call for all of us. This incident made me suddenly realize that if Ali encounters a problem that it cannot solve itself and may endanger the security and stability of the Internet in Dazhou, as a large company, there will be almost no one to help us solve the problem, and we will not trust others to help solve the problem."
"Therefore, Ahri plans to invest 30 billion Great Zhou coins to gather cybersecurity elites from around the world to form a completely non-profit third-party cyber emergency rescue organization. I have tentatively named this organization - Mo Men."
"Love all, don't attack, value virtue and harmony. Next time any company encounters a similar problem and is unable to solve it on its own and is in danger, it can apply for help from Momen. Momen will voluntarily solve the safety problem for the problem company."
"I also call on all entrepreneurs present to join in and save others as you would save yourself."
"Ahri is only one of the investors. He does not participate in the daily operation and management of Momen, nor does he share data with Momen."
"I suggest that Yi'an Prefecture take the lead in establishing a Great Zhou Internet Security Mutual Aid Association, which will serve as the management body of Momen."
“These are some of my thoughts.”
After saying this, Ma Yun bowed to the elders at the top and sat back in his chair.
As expected of Ma Yun, he really knows how to make his presence felt.
Everyone at the scene applauded quietly and rolled their eyes.
You're still destroying the Ma Mo Men. You're really good at pretending. You're dealing with Jin Yong inside A Li, and you're dealing with Huang Yi outside, right?
It sounds like you just came up with this scam on the spur of the moment to show off in front of your boss.
However, despite the eye-rolling, with Ma Yun's ice-breaking, the atmosphere on the scene did become more active. Wang Xing could not hold back his desire to perform and was the second one to speak.
Wang Xing sang a different tune from Ma Yun, saying that the core reason for Qianxun's failure was not the safety failure problem that Qianxun encountered, but that Qianxun was overly focused on revenue growth and income diversification, ignoring the fact that what really needed to be served was "people". The real problem with Qianxun was the management and corporate culture. No matter who acquired it, drastic changes had to be made to Qianxun so that Qianxun could be reborn.
Afterwards, Yang Yuanqing from Illusion, Ding Lei from Pig Farm, Shen Nanpeng from Hongshan, Chen Wei from Didi... also began to express their opinions one after another.
Even Qiu Hongyi, who had just been humiliated, took three minutes to explain why 720 was the most suitable acquirer.
It was just a pain in the neck. When asked, he said, "This is a big problem. We need to go back to the meeting to discuss and study it before we can report to you all. Penguins don't fight unprepared battles, and I don't want to brag, so I won't say more here."
Seeing that almost everyone had said it, Wang Fujun coughed and was about to speak when he heard Zhang Siqing speak first: "Boss Fang, since Youzi Technology has signed up to participate in the bidding, don't you have anything to say?"
Most of the people at the scene were smart people. After hearing what Zhang Siqing said, combined with the rejection that Qiu Hongyi had just received, many people had thoughtful expressions.
Everyone's eyes involuntarily turned to Fang Yu behind Ma Yun and Mahua Teng, only to see Fang Yu talking to Zhou Shuzi beside him with a smile on his face.
Hearing Zhang Siqing's order, Fang Yu stood up. His 1.9-meter height gave him an oppressive feeling as he stood behind Ma Yun.
"You are all seniors." Fang Yu said with a smile, "You just said a lot of things from a high-level perspective, and I benefited a lot from them."
"I am relatively young, and my vision and perspective are not high enough. Now I am actually only concerned about one issue, which happens to be something that none of my predecessors have mentioned."
"What are the prerequisites for resolving Qianxun's crisis? What are the key steps?"
Fang Yu glanced at the crowd, and everyone whose eyes passed by couldn't help but feel suffocated and even a little flustered.
"That is, how can we get Qianxun back to visit as soon as possible."
"I know this is a technical problem. Maybe the seniors have already surpassed the technical level. But when it comes down to reality, the question is still - who can solve the problem that Qianxun can't solve? How to solve it? How long will it take?"
"I have always believed that any plan cannot be better than actual action. Action speaks louder than words."
"So, my opinion is that since the report says that Qianxun's mirror server also has the same problem, we can use Qianxun's mirror server to hold a skills competition. All potential acquirers who have passed the pre-qualification will participate at the same time. Whoever can solve the problem on its mirror server more quickly and thoroughly will win!"
(End of this chapter)
You'll Also Like
-
Call of the Other World: Rebuilding the Glory of Zhenbei
Chapter 107 6 hours ago -
Under One Person: From the moment I become a stand-in, I’m no longer a human being!
Chapter 103 6 hours ago -
Sword from Songshan
Chapter 186 6 hours ago -
Traveling to Douluo Ma Hongjun, the ancestor of martial spirit, the Phoenix!
Chapter 169 6 hours ago -
Goku's Journey to Another World from Naruto
Chapter 288 6 hours ago -
Perfect World: Reincarnation
Chapter 261 6 hours ago -
Black Basketball: A false start
Chapter 328 6 hours ago -
Shennong Sequence
Chapter 289 6 hours ago -
Ke Xue: This police officer is too martial
Chapter 2024 6 hours ago -
I directed the mythical revival in Tokyo
Chapter 225 6 hours ago