Since Yahoo was completely delisted and privatized by Xiao Qi, people have been wondering about the next step for Yahoo, a former Internet pioneer.
Most people feel that Yahoo's problems have become irreversible, and Xiao Qi cannot revive it.
It was not until Xiao Qi appointed a new president on November 16, that is, after returning to Chengdu, that the speculation was cleared up.
The president appointed by Xiao Qi is Kang Deyue, 58 years old, one of the most famous professional managers on Wall Street.
Kant also had a nickname at the same time, called "The Splitting Expert".
In other words, he is best at splitting up a company's assets, leaving with the best assets, leaving a mess in the end, thereby destroying the company.
As soon as the news came out, it immediately caused an uproar.
What does Xiao Qi want?
Do you want to completely destroy Yahoo?
Take Yahoo's best resources and then lay off more than 10,000 Yahoo employees?
How cruel is this?
Suddenly, many people, including those who were originally dissatisfied with Xiao Qi, immediately jumped out and yelled.
"What's wrong with the U.S. government? Xiao Qi is allowed to do something that is obviously against business ethics?"
"Yahoo is the pride of the United States. Xiao Qi cannot be allowed to take away Yahoo's good assets and leave the empty shell to the United States! At the same time, there are still thousands of jobs, what should we do?"
"The Ministry of Commerce should stand up! Although Xiao Qi wholly owns Yahoo, the American spirit should not be like this!"
"Look, the Chinese are devouring our wisdom step by step!"
"Xiao Qi is so cruel and ruthless, we can't let him continue to be so arrogant!"
"..."
However, the new president of Yahoo, Condor, didn't see it that way, and he accepted the interview immediately.
"Haha. I am speechless for these people. First, Yahoo is Mr. Xiao Qi's company, and it is a wholly-owned company. How to deal with Yahoo's assets is Mr. Xiao Qi's own business! Should I handle my belongings?
Do you still want to agree? This is the American spirit?
Second, everyone knows the current situation of Yahoo. It is very serious! If drastic reforms are not carried out, I am afraid that more than 10,000 people will be unemployed in the end! We are only discussing the future now, and we have not said that we will lay off all employees.
You just made the decision for us, what a waste of worry!
Thirdly, I solemnly declare once again that the entrustments given to me by Mr. Xiao Qi are all in compliance with legal provisions and business ethics. Anyone who dares to insult us will definitely be taken to court!"
Kande's attitude was very tough, but not many people believed his righteous words.
Because Kandeyo has been involved in at least 20 companies splitting up companies in his career. No matter how you look at it, Yahoo is always on the verge of being split up!
In fact, this is actually the case.
The task Xiao Qi gave Kande was to deprive Yahoo of the excellent assets that Xiao Qi needed, and then see who wanted the remaining assets of Yahoo. If not, then continue to split them up and reconcile all the patents.
After taking the investment in hand, completely log out of Yahoo.
Then more than 10,000 Yahoo employees around the world were directly declared unemployed.
All right.
From Kande's perspective, Xiao Qi was really cruel.
If Xiao Qi hadn't offered him a reward of 50 million US dollars, he would never have done such a thing. It was so offending!
But Franklin's power is infinite, especially when there are 500,000 Franklins. That made Kande directly give up his conscience and agreed.
In the following days, Kant's appointment was in the limelight, appearing in the news anytime and anywhere.
At one moment he said that he was going to sell Spanish Yahoo to a European investment company, and at another he said that he was urgently communicating with Oracle. He hoped that Ellison, a good friend of Xiao Qi, could acquire Yahoo's assets. Some people even photographed him and the Japanese company
A certain consortium company also met, possibly to discuss purchase and sale matters.
Although Xiao Qi did not receive a penny less in salary, Yahoo's employees were panicked because of this, and almost all work was paralyzed.
Employees kept holding up signs at the gate of the company's headquarters, begging Xiao Qi not to lay off employees or close Yahoo.
But they don't know that even if Xiao Qi doesn't lay off employees, they will still drastically lay off employees if they encounter such a cold female CEO in the future, and then continue to sell the company's assets to support Yahoo.
Xiao Qi had no feelings for Yahoo at all. After getting the shares of Alibaba and Yahoo Japan that he wanted, he was ready to sell the remaining Yahoo and leave.
The remaining Yahoo actually still has good assets, such as portals in various countries, which all have a certain influence.
Yahoo’s search engine is also very good.
In addition, there is Yahoo's online advertising. Because there are many portals and cover many areas, the total revenue from online advertising is very high, second only to Google.
The above aspects are the important reasons why Microsoft values Yahoo, and according to Kant's travels in the past few days, it is actually found that Google also has a lot of interest in Yahoo.
However, even though I was interested, the prices they offered were not high.
Watching Xiao Qi deprive two assets, especially the well-operated Japanese Yahoo assets, Microsoft gave 8 billion US dollars, and Google gave even lower, only 6.8 billion US dollars.
Xiao Qi bought Yahoo for a total of 20 billion U.S. dollars. Considering that 40% of Alibaba's shares will be worth 80 billion yuan in the future, this amount alone is enough for Xiao Qi to make a lot of money, not to mention that Sun Zhenyi is planning to use 6 billion yuan.
NTT shares in exchange for 35% of Yahoo Japan shares.
So in fact, at this price, Xiao Qi could just sell it, but the young man couldn't stand the idea of Microsoft and Google taking advantage of the situation.
After all, at this stage, the two assets Xiao Qi divested are not the most important. In fact, Yahoo's plummeting has already fallen below its net value. Now Yahoo's value is at least more than 10 billion US dollars.
In the previous life, Yahoo's market value almost bottomed out and rebounded to US$20 billion in 2009. At that time, Alibaba and Japan's Yahoo also did not show their strength.
So Xiao Qi asked Kande to continue the negotiation. Anyway, there are many rich people in Europe, America and Japan. With a brand like Yahoo, there will always be people who are interested. Anyway, Xiao Qi is not in a hurry.
Even if the operation during this period is loss-making, it still costs more than 10 billion US dollars. Otherwise, if Xiao Qi sells things or shares in the future and everyone is rushing to bargain, will he still be able to do business in the United States?
Of course, the sale of the Yahoo company is not something that can be accomplished overnight. After all, it is still during the financial crisis, and everyone has become much more cautious about their investments.
Xiao Qi predicts that the negotiations can be concluded before March 2009, which would be considered good.
Therefore, a few days after hiring Kan Deyue, Xiao Qi also hired another fire-fighting expert, the famous Chen Shouzong.
The first time he appeared in Xiao Qi's sight was in November 2013, when Xiao Qi was reincarnated. BlackBerry, which was in deep trouble, announced that it would hire Chen Shouzong as their president at the cost of US$80 million in cash and stock options.
It is expected that this famous fire-fighting expert will help BlackBerry regain its hope.
Then Xiao Qi went to find out why BlackBerry placed its hopes on this Chinese person.
Chen Shouzong is a native of Hong Kong. He came to the United States to study in college. He graduated with a master's degree from the California Institute of Technology and then worked in many high-tech companies.
He has been the chairman of Syba Color Software Company since 1998. As a result, every time a company is about to go bankrupt, someone will ask him to come to the rescue. With his strong strength, he has repeatedly brought these companies into ruin.
Back from the dead, that's why BlackBerry paid such a high price in 2013 and asked him back to help as the last straw.
Since even BlackBerry can trust him and he has so much successful experience in the electronic software industry, there is absolutely no problem in letting Chen Shouzong sort out Yahoo's assets and maintain normal operations and development for a few months.
Faced with Xiao Qi's personal phone call invitation, Chen Shouzong, who had nothing to do recently, agreed after thinking for a day.
Not only because Xiao Qi personally invited him, not only because Xiao Qi gave him a super high salary of 30 million US dollars for half a year, but also because of the reputation and challenge of "having been entrusted by the Fairy Company to solve difficult problems", which made him very willing to try it.
Bundle.
Now Yahoo is like this. The higher the price at which Yahoo is sold, the stronger Chen Shouzong's ability is. This is the best challenge to make himself famous all over the world!
The American media was originally clamoring loudly, but when they saw that Chen Shouzong was appointed as the chief operating officer, they began to murmur in confusion.
On the one hand, there is the splitting expert Kan Deyue, and on the other hand, there is the fire-fighting expert Chen Shouzong. This combination is really a bit strange.
The only explanation is that Xiao Qi saw that Yahoo was really hard to sell, so he asked Chen Shouzong to sort out Yahoo and take care of it before taking action.
However, a dilapidated Yahoo has a different status in the hearts of Americans than a Yahoo that has improved.
Selling Yahoo after its situation has improved will at least ensure that the Yahoo brand will still exist, employees will not be significantly laid off, and American pride will not be affected.
It seems that this is an acceptable plan? (To be continued, please search Piaotian Literature, the novel is better and updated faster!