Chapter 666
If audio player doesn't work, press Stop then Play button again
Barry thought for a moment and said, "mark! Take a step." he remembered that this was his office. He laughed at himself and said, "this is very important. I also have some spare money, but I didn't find any good projects..."
Mark knew what the guy wanted to do as soon as he saw him kick his ass. he said, "Barry, have you ever heard my record of losing or cheating my friend? This is the Alibaba share in Yahoo. We can retire early."
Barry's eyes brightened and said, "we'll find a way."
Yahoo was once the world's largest Internet company and the world's greatest company. It declined because of mistakes again and again.
The founder of Yahoo is Yang Zhiyuan. Twenty years ago, his position could not even match that of Google Larry; He was once Ma Yun's idol in his youth.
He founded Yahoo at the age of 26, led the world into the Internet era, changed the entrepreneurial landscape of Silicon Valley, and was known as the founder of the first generation of the network.
In 2000, Yahoo's market value once exceeded $125 billion. He has inspired generations of Internet entrepreneurs.
At first, Yahoo was set up on the campus network of Stanford University, just as the face-to-face book was set up on the campus network of Harvard University.
As more and more people visited Yahoo, the school was overwhelmed and kicked them out. Yang Zhiyuan designed a business model for realizing advertising traffic and sought financing from venture capital in Silicon Valley.
Unexpectedly, the company with only two people and a few broken computers has obtained an investment of nearly US $2 million from Sequoia Capital, and the company has no income.
This was once an Internet myth. Two years later, Yahoo went public with a market value of $39 billion.
Under the leadership of Yang Zhiyuan, Yahoo has changed from a website providing classified directories to a new media. Thousands of people enter the information highway through Yahoo, which is a necessary portal.
Since then, the era of portal website has opened, causing a group of followers and imitators. Sina, Netease and Sohu in China all imitate Yahoo.
When Yahoo went public in 1996, Yang Zhiyuan became a billionaire overnight. Then in four years, Yahoo's stock rose about 100 times.
In the first quarter of 1996, Yahoo's daily traffic exceeded twice that of its competitors.
At the end of 1997, the daily average number of visitors reached more than 90 million, more than the total number of visitors of all competitors. Even the boss of Netscape has to admit that Yahoo has surpassed other competitors.
Yahoo has become the darling of Wall Street, and Yang Zhiyuan's property has also gone up.
"At that time, the greatest happiness was not money. What made people feel good was that you were changing the world every day," Yang Zhiyuan said in an interview
In 1998, Forbes magazine launched the high-tech 100 millionaires. With a wealth of US $1 billion, Yang Zhiyuan jumped to the 16th place and became the richest Chinese in high-tech.
In 1999, Yang Zhiyuan and Philo have become the helmets of online media companies, with a market value of US $39 billion, while Yang Zhiyuan's paper wealth reached US $7.5 billion.
In 2000, Yahoo's market value once exceeded $125 billion.
The most beautiful battle: exchange US $1 billion for 40% shares and 35% voting rights of Alibaba.
Ma Yun accompanied Yang Zhiyuan to visit the Great Wall before and after his speech at the second world computer Expo in 1998. This is also the beginning of his long-term relationship with Yang Zhiyuan, who is four years older than Yang Zhiyuan.
On the court, everyone suddenly wanted to make a bet and let Wu Ying, CEO of UT Starcom China, compete with Ma Yun at a fixed point to see who played far away.
Only Yang Zhiyuan won the bet on Ma Yun. As a result, Wu Ying missed this shot, and the thin Ma Yun really won.
After playing, Yang Zhiyuan won't let Ma Yun go. Yang Zhiyuan smiled and walked side by side with him and said, "let's settle the deal.".
Yahoo handed over all its assets in China to aribaba, and then gave aribaba $1 billion. Yahoo has a seat on the board of directors of Alibaba after the asset merger, 40% economic benefits and 35% voting rights.
This marriage is far from being the same among the outsiders. At that time, YAHOO was a world-famous Internet company, while the core business of the company was still growing. Taobao has just been born. Qian Shu, Alipay, is like a newborn baby. In 2005, Yahoo exchanged US $1 billion for 40% shares of Alibaba, which is the most beautiful battle of Yang Zhiyuan in Yahoo. However, at present, aribaba is not listed, which can not reflect this.
This transaction has had a far-reaching impact on the fate of Yahoo and aribaba, and has completely changed the ecology and trend of China's Internet.
When Yang Zhiyuan was not Yahoo's CEO, he took out $1 billion to buy 30% of Ma Yun's shares. At that time and even now, the benefits of this transaction have not appeared. No one knows that this is Yang Zhiyuan's classic battle.
The loss of Google and the two lost Facebook (the original version), after the collapse of the Internet bubble in 2001, resulted in a sharp decline in YAHOO's revenue and a drop in share prices.
Yang Zhiyuan has also been trying to inject new vitality into Yahoo through M & A, spending a lot of money to "buy". In this process, Yang Zhiyuan either missed it or bought it wrong, and made a lot of mistakes.
Yahoo was once the world's largest search engine, but the search business has been carried out manually for many years, and the technology has not made great progress.
In 1997, he refused to buy Google for $1 million. What's more, he handed over the search function to Google, which virtually supported his competitors. A few years later, Google won't have a chance to buy again.
Similar mistakes also occurred in the face book. In 2006, Xiaozha agreed to sell the face book at the price of US $1 billion, but Yang Zhiyuan didn't understand the social network at that time and pressed the price to US $850 million. Xiaozha refused.
Later, the market value of face-to-face books was as high as $400 billion. I don't know how Yang Zhiyuan, who has read the recent news, feels now? Missing the face book is also regarded as Yahoo missing the last straw, but this is what happened in the original version, and the face book has not been listed yet.
Yahoo is using its last strength to bid farewell to this era
On July 25, 2016, American telecom giant Verizon announced that it would buy Yahoo's core assets for us $4.8 billion. Microsoft once wanted to buy Yahoo for us $44.6 billion, but now Yahoo has to accept the purchase price of US $4.8 billion.
The tragedy did not end completely. Yahoo was exposed to information leakage again. Verizon began to bargain again and wanted to cut another $1 billion for acquisition.
The giant will be so unbearable and powerless at the end of the curtain. Now Yahoo doesn't even have the strength to struggle and resist.
Yahoo's creation, growth, growth and fall perfectly show the whole process of an Internet company for people.
A once mighty enterprise has had such a big wave in just a few years. Perhaps, like American online in those years, the glory and decline of each enterprise are inseparable from the promotion of the times and the internal factors of the leadership core. Both internal and external factors caused the decline of Yahoo.
A successful founder is not necessarily a good leader?
Once trendsetters can only follow the trend of emerging Internet companies such as Google and Facebook. The search and social network technologies used by the latter are popular and have photographed predecessors such as Yahoo on the reef.
In today's rapidly changing market and rapid technological innovation, not only Yahoo, HP, Kodak and Sony are also in a bleak situation.
Fierce competition is like a big wave washing sand. High tech enterprises need to maintain the "battle mode" at all times, otherwise they will be easily eliminated by rising stars who are better at innovation.
After leaving Yahoo China, Zhou Hongwei, an internet tycoon who likes shooting, said: "the success and failure of any enterprise are caused by itself. Don't blame all external forces. As for Yahoo's failure, it can be summarized in two words from CEO to Yang Zhiyuan: stupid B."
He even said: "Yang Zhiyuan is a successful founder, but he is definitely not a good leader and is definitely not suitable for the position of CEO."
The decline of Yahoo and what Yang Zhiyuan did wrong should be the topic that Yahoo's board of directors should discuss. However, people should believe that there is no right or wrong in history. After all, as the founders of the Internet era, Yang Zhiyuan and case of American online have created the history of the Internet. This identity should not be erased.
Now Yahoo is in decline every day and can only make a living by eating old money. Mark and Barry don't pay attention to the former big man, but can be used as the object of bullying and making ideas, give them courage, and dare not make the idea of fat meat in Microsoft and valley singers.
Barry believes that mark points out the big fat meat. Because mark has achieved a series of great successes, his investment object and goal are the object of countless people. Many people invest with mark. Now mark's investment object has always been highly confidential. It's not easy to invest with mark.
Mark can point out the direction, which is quite good for Barry, but Barry still asked, "how are you sure that this aribaba will become a big company?"
Mark said, "this is my personal secret. You can choose not to believe it, but Time Warner must implement this rule and try to get the equity of the company. As for the people in the board of directors, I will visit them and persuade them."
He refers to the sale of some non core industries in exchange for funds to obtain the funds needed for the development of the group. They want to invest and must also obtain funds. This channel is nothing more than self financing or borrowing. In addition to financing, dilution of equity is the sale of assets. Mark is more inclined to sell some industries that are about to become obsolete and decline.
As a media giant, Time Warner owns all businesses in the media industry and is also the winner of all media industries. However, with the progress of the times, some industries will inevitably become sunset industries. Mark is going to cut into these industries.
Please report us if you find any errors so we can fix it asap!
Barry thought for a moment and said, "mark! Take a step." he remembered that this was his office. He laughed at himself and said, "this is very important. I also have some spare money, but I didn't find any good projects..."
Mark knew what the guy wanted to do as soon as he saw him kick his ass. he said, "Barry, have you ever heard my record of losing or cheating my friend? This is the Alibaba share in Yahoo. We can retire early."
Barry's eyes brightened and said, "we'll find a way."
Yahoo was once the world's largest Internet company and the world's greatest company. It declined because of mistakes again and again.
The founder of Yahoo is Yang Zhiyuan. Twenty years ago, his position could not even match that of Google Larry; He was once Ma Yun's idol in his youth.
He founded Yahoo at the age of 26, led the world into the Internet era, changed the entrepreneurial landscape of Silicon Valley, and was known as the founder of the first generation of the network.
In 2000, Yahoo's market value once exceeded $125 billion. He has inspired generations of Internet entrepreneurs.
At first, Yahoo was set up on the campus network of Stanford University, just as the face-to-face book was set up on the campus network of Harvard University.
As more and more people visited Yahoo, the school was overwhelmed and kicked them out. Yang Zhiyuan designed a business model for realizing advertising traffic and sought financing from venture capital in Silicon Valley.
Unexpectedly, the company with only two people and a few broken computers has obtained an investment of nearly US $2 million from Sequoia Capital, and the company has no income.
This was once an Internet myth. Two years later, Yahoo went public with a market value of $39 billion.
Under the leadership of Yang Zhiyuan, Yahoo has changed from a website providing classified directories to a new media. Thousands of people enter the information highway through Yahoo, which is a necessary portal.
Since then, the era of portal website has opened, causing a group of followers and imitators. Sina, Netease and Sohu in China all imitate Yahoo.
When Yahoo went public in 1996, Yang Zhiyuan became a billionaire overnight. Then in four years, Yahoo's stock rose about 100 times.
In the first quarter of 1996, Yahoo's daily traffic exceeded twice that of its competitors.
At the end of 1997, the daily average number of visitors reached more than 90 million, more than the total number of visitors of all competitors. Even the boss of Netscape has to admit that Yahoo has surpassed other competitors.
Yahoo has become the darling of Wall Street, and Yang Zhiyuan's property has also gone up.
"At that time, the greatest happiness was not money. What made people feel good was that you were changing the world every day," Yang Zhiyuan said in an interview
In 1998, Forbes magazine launched the high-tech 100 millionaires. With a wealth of US $1 billion, Yang Zhiyuan jumped to the 16th place and became the richest Chinese in high-tech.
In 1999, Yang Zhiyuan and Philo have become the helmets of online media companies, with a market value of US $39 billion, while Yang Zhiyuan's paper wealth reached US $7.5 billion.
In 2000, Yahoo's market value once exceeded $125 billion.
The most beautiful battle: exchange US $1 billion for 40% shares and 35% voting rights of Alibaba.
Ma Yun accompanied Yang Zhiyuan to visit the Great Wall before and after his speech at the second world computer Expo in 1998. This is also the beginning of his long-term relationship with Yang Zhiyuan, who is four years older than Yang Zhiyuan.
On the court, everyone suddenly wanted to make a bet and let Wu Ying, CEO of UT Starcom China, compete with Ma Yun at a fixed point to see who played far away.
Only Yang Zhiyuan won the bet on Ma Yun. As a result, Wu Ying missed this shot, and the thin Ma Yun really won.
After playing, Yang Zhiyuan won't let Ma Yun go. Yang Zhiyuan smiled and walked side by side with him and said, "let's settle the deal.".
Yahoo handed over all its assets in China to aribaba, and then gave aribaba $1 billion. Yahoo has a seat on the board of directors of Alibaba after the asset merger, 40% economic benefits and 35% voting rights.
This marriage is far from being the same among the outsiders. At that time, YAHOO was a world-famous Internet company, while the core business of the company was still growing. Taobao has just been born. Qian Shu, Alipay, is like a newborn baby. In 2005, Yahoo exchanged US $1 billion for 40% shares of Alibaba, which is the most beautiful battle of Yang Zhiyuan in Yahoo. However, at present, aribaba is not listed, which can not reflect this.
This transaction has had a far-reaching impact on the fate of Yahoo and aribaba, and has completely changed the ecology and trend of China's Internet.
When Yang Zhiyuan was not Yahoo's CEO, he took out $1 billion to buy 30% of Ma Yun's shares. At that time and even now, the benefits of this transaction have not appeared. No one knows that this is Yang Zhiyuan's classic battle.
The loss of Google and the two lost Facebook (the original version), after the collapse of the Internet bubble in 2001, resulted in a sharp decline in YAHOO's revenue and a drop in share prices.
Yang Zhiyuan has also been trying to inject new vitality into Yahoo through M & A, spending a lot of money to "buy". In this process, Yang Zhiyuan either missed it or bought it wrong, and made a lot of mistakes.
Yahoo was once the world's largest search engine, but the search business has been carried out manually for many years, and the technology has not made great progress.
In 1997, he refused to buy Google for $1 million. What's more, he handed over the search function to Google, which virtually supported his competitors. A few years later, Google won't have a chance to buy again.
Similar mistakes also occurred in the face book. In 2006, Xiaozha agreed to sell the face book at the price of US $1 billion, but Yang Zhiyuan didn't understand the social network at that time and pressed the price to US $850 million. Xiaozha refused.
Later, the market value of face-to-face books was as high as $400 billion. I don't know how Yang Zhiyuan, who has read the recent news, feels now? Missing the face book is also regarded as Yahoo missing the last straw, but this is what happened in the original version, and the face book has not been listed yet.
Yahoo is using its last strength to bid farewell to this era
On July 25, 2016, American telecom giant Verizon announced that it would buy Yahoo's core assets for us $4.8 billion. Microsoft once wanted to buy Yahoo for us $44.6 billion, but now Yahoo has to accept the purchase price of US $4.8 billion.
The tragedy did not end completely. Yahoo was exposed to information leakage again. Verizon began to bargain again and wanted to cut another $1 billion for acquisition.
The giant will be so unbearable and powerless at the end of the curtain. Now Yahoo doesn't even have the strength to struggle and resist.
Yahoo's creation, growth, growth and fall perfectly show the whole process of an Internet company for people.
A once mighty enterprise has had such a big wave in just a few years. Perhaps, like American online in those years, the glory and decline of each enterprise are inseparable from the promotion of the times and the internal factors of the leadership core. Both internal and external factors caused the decline of Yahoo.
A successful founder is not necessarily a good leader?
Once trendsetters can only follow the trend of emerging Internet companies such as Google and Facebook. The search and social network technologies used by the latter are popular and have photographed predecessors such as Yahoo on the reef.
In today's rapidly changing market and rapid technological innovation, not only Yahoo, HP, Kodak and Sony are also in a bleak situation.
Fierce competition is like a big wave washing sand. High tech enterprises need to maintain the "battle mode" at all times, otherwise they will be easily eliminated by rising stars who are better at innovation.
After leaving Yahoo China, Zhou Hongwei, an internet tycoon who likes shooting, said: "the success and failure of any enterprise are caused by itself. Don't blame all external forces. As for Yahoo's failure, it can be summarized in two words from CEO to Yang Zhiyuan: stupid B."
He even said: "Yang Zhiyuan is a successful founder, but he is definitely not a good leader and is definitely not suitable for the position of CEO."
The decline of Yahoo and what Yang Zhiyuan did wrong should be the topic that Yahoo's board of directors should discuss. However, people should believe that there is no right or wrong in history. After all, as the founders of the Internet era, Yang Zhiyuan and case of American online have created the history of the Internet. This identity should not be erased.
Now Yahoo is in decline every day and can only make a living by eating old money. Mark and Barry don't pay attention to the former big man, but can be used as the object of bullying and making ideas, give them courage, and dare not make the idea of fat meat in Microsoft and valley singers.
Barry believes that mark points out the big fat meat. Because mark has achieved a series of great successes, his investment object and goal are the object of countless people. Many people invest with mark. Now mark's investment object has always been highly confidential. It's not easy to invest with mark.
Mark can point out the direction, which is quite good for Barry, but Barry still asked, "how are you sure that this aribaba will become a big company?"
Mark said, "this is my personal secret. You can choose not to believe it, but Time Warner must implement this rule and try to get the equity of the company. As for the people in the board of directors, I will visit them and persuade them."
He refers to the sale of some non core industries in exchange for funds to obtain the funds needed for the development of the group. They want to invest and must also obtain funds. This channel is nothing more than self financing or borrowing. In addition to financing, dilution of equity is the sale of assets. Mark is more inclined to sell some industries that are about to become obsolete and decline.
As a media giant, Time Warner owns all businesses in the media industry and is also the winner of all media industries. However, with the progress of the times, some industries will inevitably become sunset industries. Mark is going to cut into these industries.
Barry thought for a moment and said, "mark! Take a step." he remembered that this was his office. He laughed at himself and said, "this is very important. I also have some spare money, but I didn't find any good projects..."Mark knew what the guy wanted to do as soon as he saw him kick his ass. he said, "Barry, have you ever heard my record of losing or cheating my friend? This is the Alibaba share in Yahoo. We can retire early."Barry's eyes brightened and said, "we'll find a way."Yahoo was once the world's largest Internet company and the world's greatest company. It declined because of mistakes again and again.The founder of Yahoo is Yang Zhiyuan. Twenty years ago, his position could not even match that of Google Larry; He was once Ma Yun's idol in his youth.He founded Yahoo at the age of 26, led the world into the Internet era, changed the entrepreneurial landscape of Silicon Valley, and was known as the founder of the first generation of the network.In 2000, Yahoo's market value once exceeded $125 billion. He has inspired generations of Internet entrepreneurs.At first, Yahoo was set up on the campus network of Stanford University, just as the face-to-face book was set up on the campus network of Harvard University.As more and more people visited Yahoo, the school was overwhelmed and kicked them out. Yang Zhiyuan designed a business model for realizing advertising traffic and sought financing from venture capital in Silicon Valley.Unexpectedly, the company with only two people and a few broken computers has obtained an investment of nearly US $2 million from Sequoia Capital, and the company has no income.This was once an Internet myth. Two years later, Yahoo went public with a market value of $39 billion.Under the leadership of Yang Zhiyuan, Yahoo has changed from a website providing classified directories to a new media. Thousands of people enter the information highway through Yahoo, which is a necessary portal.Since then, the era of portal website has opened, causing a group of followers and imitators. Sina, Netease and Sohu in China all imitate Yahoo.When Yahoo went public in 1996, Yang Zhiyuan became a billionaire overnight. Then in four years, Yahoo's stock rose about 100 times.In the first quarter of 1996, Yahoo's daily traffic exceeded twice that of its competitors.At the end of 1997, the daily average number of visitors reached more than 90 million, more than the total number of visitors of all competitors. Even the boss of Netscape has to admit that Yahoo has surpassed other competitors.Yahoo has become the darling of Wall Street, and Yang Zhiyuan's property has also gone up."At that time, the greatest happiness was not money. What made people feel good was that you were changing the world every day," Yang Zhiyuan said in an interviewIn 1998, Forbes magazine launched the high-tech 100 millionaires. With a wealth of US $1 billion, Yang Zhiyuan jumped to the 16th place and became the richest Chinese in high-tech.In 1999, Yang Zhiyuan and Philo have become the helmets of online media companies, with a market value of US $39 billion, while Yang Zhiyuan's paper wealth reached US $7.5 billion.In 2000, Yahoo's market value once exceeded $125 billion.The most beautiful battle: exchange US $1 billion for 40% shares and 35% voting rights of Alibaba.Ma Yun accompanied Yang Zhiyuan to visit the Great Wall before and after his speech at the second world computer Expo in 1998. This is also the beginning of his long-term relationship with Yang Zhiyuan, who is four years older than Yang Zhiyuan.On the court, everyone suddenly wanted to make a bet and let Wu Ying, CEO of UT Starcom China, compete with Ma Yun at a fixed point to see who played far away.Only Yang Zhiyuan won the bet on Ma Yun. As a result, Wu Ying missed this shot, and the thin Ma Yun really won.After playing, Yang Zhiyuan won't let Ma Yun go. Yang Zhiyuan smiled and walked side by side with him and said, "let's settle the deal.".Yahoo handed over all its assets in China to aribaba, and then gave aribaba $1 billion. Yahoo has a seat on the board of directors of Alibaba after the asset merger, 40% economic benefits and 35% voting rights.This marriage is far from being the same among the outsiders. At that time, YAHOO was a world-famous Internet company, while the core business of the company was still growing. Taobao has just been born. Qian Shu, Alipay, is like a newborn baby. In 2005, Yahoo exchanged US $1 billion for 40% shares of Alibaba, which is the most beautiful battle of Yang Zhiyuan in Yahoo. However, at present, aribaba is not listed, which can not reflect this.This transaction has had a far-reaching impact on the fate of Yahoo and aribaba, and has completely changed the ecology and trend of China's Internet.When Yang Zhiyuan was not Yahoo's CEO, he took out $1 billion to buy 30% of Ma Yun's shares. At that time and even now, the benefits of this transaction have not appeared. No one knows that this is Yang Zhiyuan's classic battle.The loss of Google and the two lost Facebook the original version, after the collapse of the Internet bubble in 2001, resulted in a sharp decline in YAHOO's revenue and a drop in share prices.Yang Zhiyuan has also been trying to inject new vitality into Yahoo through M & A, spending a lot of money to "buy". In this process, Yang Zhiyuan either missed it or bought it wrong, and made a lot of mistakes.Yahoo was once the world's largest search engine, but the search business has been carried out manually for many years, and the technology has not made great progress.In 1997, he refused to buy Google for $1 million. What's more, he handed over the search function to Google, which virtually supported his competitors. A few years later, Google won't have a chance to buy again.Similar mistakes also occurred in the face book. In 2006, Xiaozha agreed to sell the face book at the price of US $1 billion, but Yang Zhiyuan didn't understand the social network at that time and pressed the price to US $850 million. Xiaozha refused.Later, the market value of face-to-face books was as high as $400 billion. I don't know how Yang Zhiyuan, who has read the recent news, feels now? Missing the face book is also regarded as Yahoo missing the last straw, but this is what happened in the original version, and the face book has not been listed yet.Yahoo is using its last strength to bid farewell to this eraOn July 25, 2016, American telecom giant Verizon announced that it would buy Yahoo's core assets for us $4.8 billion. Microsoft once wanted to buy Yahoo for us $44.6 billion, but now Yahoo has to accept the purchase price of US $4.8 billion.The tragedy did not end completely. Yahoo was exposed to information leakage again. Verizon began to bargain again and wanted to cut another $1 billion for acquisition.The giant will be so unbearable and powerless at the end of the curtain. Now Yahoo doesn't even have the strength to struggle and resist.Yahoo's creation, growth, growth and fall perfectly show the whole process of an Internet company for people.A once mighty enterprise has had such a big wave in just a few years. Perhaps, like American online in those years, the glory and decline of each enterprise are inseparable from the promotion of the times and the internal factors of the leadership core. Both internal and external factors caused the decline of Yahoo.A successful founder is not necessarily a good leader?Once trendsetters can only follow the trend of emerging Internet companies such as Google and Facebook. The search and social network technologies used by the latter are popular and have photographed predecessors such as Yahoo on the reef.In today's rapidly changing market and rapid technological innovation, not only Yahoo, HP, Kodak and Sony are also in a bleak situation.Fierce competition is like a big wave washing sand. High tech enterprises need to maintain the "battle mode" at all times, otherwise they will be easily eliminated by rising stars who are better at innovation.After leaving Yahoo China, Zhou Hongwei, an internet tycoon who likes shooting, said: "the success and failure of any enterprise are caused by itself. Don't blame all external forces. As for Yahoo's failure, it can be summarized in two words from CEO to Yang Zhiyuan: stupid B."He even said: "Yang Zhiyuan is a successful founder, but he is definitely not a good leader and is definitely not suitable for the position of CEO."The decline of Yahoo and what Yang Zhiyuan did wrong should be the topic that Yahoo's board of directors should discuss. However, people should believe that there is no right or wrong in history. After all, as the founders of the Internet era, Yang Zhiyuan and case of American online have created the history of the Internet. This identity should not be erased.Now Yahoo is in decline every day and can only make a living by eating old money. Mark and Barry don't pay attention to the former big man, but can be used as the object of bullying and making ideas, give them courage, and dare not make the idea of fat meat in Microsoft and valley singers.Barry believes that mark points out the big fat meat. Because mark has achieved a series of great successes, his investment object and goal are the object of countless people. Many people invest with mark. Now mark's investment object has always been highly confidential. It's not easy to invest with mark.Mark can point out the direction, which is quite good for Barry, but Barry still asked, "how are you sure that this aribaba will become a big company?"Mark said, "this is my personal secret. You can choose not to believe it, but Time Warner must implement this rule and try to get the equity of the company. As for the people in the board of directors, I will visit them and persuade them."He refers to the sale of some non core industries in exchange for funds to obtain the funds needed for the development of the group. They want to invest and must also obtain funds. This channel is nothing more than self financing or borrowing. In addition to financing, dilution of equity is the sale of assets. Mark is more inclined to sell some industries that are about to become obsolete and decline.As a media giant, Time Warner owns all businesses in the media industry and is also the winner of all media industries. However, with the progress of the times, some industries will inevitably become sunset industries. Mark is going to cut into these industries.
