Chapter 404: Action is worse than Words (4816)
6.8 billion Mai Yuan, 42 billion Da Zhou coins!
How long has Ysou 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 12.6 billion yuan.
Three months later, Ysou, a newly established wholly-owned subsidiary of Youzi Technology, has been independently valued at 6.8 billion Malaysian dollars and completed its first round of financing!
what does that mean?
This means that the overall valuation of Youzi Technology has reached nearly 20 billion Malaysian dollars, equivalent to 130 billion Da Zhou coins!
When Youzi Technology's first round valuation was 12.6 billion Malaysian dollars, it had already broken the record for the fastest time for a startup to reach a valuation of over 10 billion yuan 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 FB only started to formalize its products after obtaining its first small amount of financing.
However, Youzi Technology was a company that was established after it had an existing product and developed artificial intelligence by chance and quickly put it into practical use. It was like starting with a bang.
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 rapid growth rate.
But the reason why Ysou has grown so fast is not only because of its innovative integration of AI into search engines, but also because of its incredible luck!
Soon after it went online, the Devil's Island incident occurred, which attracted a wave of traffic. Qianxun then 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 Youzi 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 room, only opportunities and threats.
If Ysou really becomes the next Qianxun, will it be good or bad for Ali?
Ma Yun and Mahua 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.
Entrepreneurs of their generation 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 low-key and not fond of publicity, has talked 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 does not accept any interviews. Apart from a dinner with Buffett, there is no legendary story about him that is widely circulated.
Du Jiuan's younger brother Wang Zheng founded Bingxixi last year, which is now also making great strides in the e-commerce field. The number of users this month has exceeded 100 million, but his style of doing things is very similar to Du Jiuan's, and he basically does not appear in public.
Don’t say it, but entrepreneurs in recent years, whether it is Wang Xing, who originally had a flamboyant personality, or Zhang Yiming, who has super 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 them. 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 Fang Yu is the same.
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 hype 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 the husband of the whole nation.
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.
It’s even impossible to find any revelations from Fang Yu’s classmates or friends online.
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 show them a "fencing showdown".
Is that reasonable? Is that reasonable?
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 make everyone 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 commit 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 “corporations” in dystopian science fiction novels and movies.
"Ahem."
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 the Qianxun Reorganization Emergency Coordination Group, 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 Equalization and the Department of Commerce will assist the 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 noticed that Zhang Siqing was talking about three days, not three working days.
It seems that the people above are really anxious.
Zhang Siqing paused for a moment and continued, "Since Great Zhou joined the international internet in 3041, the internet industry has grown from nothing to a major turning point and has now become a pillar industry driving Great Zhou's economy."
"All of the entrepreneurs here are the backbone of the Dazhou internet industry. I also believe that all of us have the same ultimate goal, which is to ensure that the Dazhou internet industry can maintain a prosperous and stable development."
"At this critical moment, I hope everyone can put aside prejudices, unify their thinking, aim to fully resolve the final problem, offer suggestions, and rely on healthy competition to maintain and optimize the order of Dazhou's internet market."
Having said that, Zhang Siqing paused again, and his eyes seemed to casually sweep over Qiu Hongyi who had just started the attack.
Qiu Hongyi couldn't help but feel a sinking feeling in her heart.
What's the meaning?
Relying on healthy competition? Does that mean I'm 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'd like to hear more from you entrepreneurs. Do you have any suggestions or additions to this report and plan? You are all professionals, and we hope to hear more of your insights."
“Is there any entrepreneur willing to share this?”
Zhang Siqing glanced around expressionlessly, but saw so many big men at the scene, all staring at each other, and no one took the initiative to speak.
"Since there aren't any, I'll call out names." Zhang Siqing nodded seemingly casually, "Mr. Ma from Ali, everyone knows you're a good speaker. You can start the conversation 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 mood and warm up the atmosphere.
Ahri's slang is - breaking the ice.
Ma Yun remained calm and composed. "Thank you, my lords and all my colleagues. I had not intended to express any opinion today. But after hearing what the Temple Minister said, I was deeply moved."
"People say that competitors are enemies, but I have always believed that competitors are not only not enemies, but rather Ali's benefactors. It is precisely because of so many outstanding and enterprising competitors that Ali has been able to achieve what it has today, and that the Dazhou Internet industry has 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 the support of others, Ma Yun became more at ease and acted 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 serious mistakes in recent years and is now suffering the consequences. However, it was not easy for Qianxun to win the competition with large international companies in the early days of Internet entrepreneurship and become such an outstanding company. Qianxun's contribution to the Great Zhou Internet should not be denied."
"I just read this report, or rather, the plan, and I saw that it has a fairly detailed plan for resolving Qianxun's crisis."
"Perhaps the higher-ups didn't want to interfere too much with the company's normal operations, so they didn't elaborate on this in the report. I noticed that the report didn't specify what would happen to the company's brand and operations after the acquisition of Qianxun."
"I personally believe that no matter who acquires Qianxun, it 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 Dazhou Internet's important intangible assets will not be lost."
"In addition, from the perspective of Dazhou Internet's security, it is also necessary to ensure the independence of Qianxun's future operations and brand. Otherwise, if problems arise among the large companies present here, the losses could be even 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, there would inevitably be restrictive policies from higher authorities, and there would also be public criticism. So, he simply proposed that no matter who acquired Qianxun, the independence of its elite team and brand must be guaranteed.
If it was Ali who acquired Qianxun, Ali must be very experienced in this area. All of Ali's acquisitions were nominally to guarantee the independence of the brand and operations, but in fact they were all hollowed out by the Ali Group.
When the time comes, whatever he says will be the final word.
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's face was filled with righteousness. He paused and continued, "Qianxun's incident has sounded a wake-up call for us all. This incident made me suddenly realize that if Ali encounters a problem that cannot be solved by itself and may endanger the security and stability of the Great Zhou Internet, 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 3 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've tentatively named this organization Momen."
"Love all, don't attack, value virtue and harmony. Next time any company encounters a similar problem and is unable to resolve it on their own and is in danger, they can apply for assistance from Momen. Momen will be obligated to resolve the safety issue for the problem company."
"I also call on all entrepreneurs present to join in and save others as you would save yourself."
"Ahli is only one of the investors. She does not participate in the daily operations and management of Momen, nor does she 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 administrative 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 are really good at pretending. You are dealing with Jin Yong in A Li and Huang Yi outside, right?
It sounds like you just came up with this scam on the spur of the moment to try to show off in front of your superiors.
However, despite the eye-rolling, with Ma Yun breaking the ice, the atmosphere on the scene did become more active. Wang Xing couldn't hold back his desire to perform and started speaking second.
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 Qianxun's excessive focus on revenue growth and income diversification, ignoring the fact that what really needed to be served were "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 numb pain. When asked, he said, "This is a big problem. We need to go back and have a 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 much here."
Seeing that almost everyone had said what they wanted to say, Wang Fujun coughed and was about to speak when he heard Zhang Siqing speak first: "Mr. Fang, since Youzi Technology has signed up to bid, 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 Qiu Hongyi had just received, many people's expressions became thoughtful.
Everyone's eyes turned to Fang Yu behind Ma Yun and Mahua Teng, but they saw Fang Yu talking to Zhou Shuzi beside him with a smile on his face.
Hearing Zhang Siqing's order, Fang Yu stood up. Standing behind Ma Yun with a height of 1.9 meters, he looked very oppressive.
"You are all seniors." Fang Yu smiled. "What you said just now was very insightful and I benefited a lot from it."
"I'm relatively young, and my vision and perspective aren't as broad as they used to be. Right now, I'm actually only concerned with one issue, which 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 gaze passed by couldn't help but feel suffocated and even a little panicked.
"That is, how can we get Qianxun back online as soon as possible?"
"I know this is a technical issue. Perhaps you, the seniors, have already reached a higher level than the technology itself, but the practical question remains: who can solve a problem that even Qianxun can't? How can we solve it? And how long will it take?"
"I have always believed that any plan cannot compare to actual action. Action speaks louder than words."
"So, my opinion is, since the report says Qianxun's mirror server has experienced 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 resolve the problem on their mirror server more quickly and thoroughly will win!"
(End of this chapter)
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