Rebirth of the Cyber ​​Hegemony

Page 992

And let's look at others.

In terms of instant messaging, Yahoo is completely marginalized.

In e-commerce, Yahoo has been confused.

Yahoo rarely gets involved in games.

If you really want to say, some of the business that Yahoo can get out of has become less and less.

To the future, if nothing unexpected happens.

Yahoo even their portal business, may not have much value.

That's why Yahoo later sold itself for billions of dollars.

You know, Yahoo was a super giant with a market value close to 2000 billion US dollars.

Time and life.

Many people in later generations analyzed why Yahoo failed.

He used to be such a bullshit.

He could have been the father of Google and the son of Microsoft, but he was sold cheap like a grandson, and finally became an outcast of the Internet.

Some people say that Yahoo is not positioning itself enough.

Some people say that Yahoo did not seize the opportunity in the era of mobile Internet.

Others said it was because of Yahoo's large organization.

What to say, no one can say clearly.

Even Jerry Yang, the founder of Yahoo, couldn't tell.

This may be a philosophical question.

However, Chen Yu would not consider this philosophical question.

But Chen Yu doesn't think about it, other people will.

"Mr. Yang, director Fei Luo has submitted an application for an interim board meeting."

"What does a board meeting do?"

"Director Filo didn't say so."

"Then refuse."

"But Mr. Yang, according to regulations, Ferro's shareholding ratio exceeds 10%, and we have no right to refuse."

"This guy."

Yang Zhiyuan had some headaches.

Although this Filo is a director of Yahoo, he has been dictating Yahoo.

But after all, he is also helpless about the proportion of shares represented by the capital represented by Ferro.

Since there was no way to refuse, Yang Zhiyuan could only agree.

The next day, Yahoo held an interim board meeting.

Jerry Yang is the founder of Yahoo, the CEO of Yahoo, and the chairman of Yahoo.

He took the seat chief.

Looking at Fei Luo, Yang Zhiyuan asked: "Director Fei Luo, I don't know what you want to do in this extraordinary board meeting?"

"I feel that there is a problem with Yahoo's recent operations, and I want to discuss it with you."

"I have been in charge of Yahoo's operations, Director Filo, do you have any advice?"

"I don't dare to advise, but there are indeed a few problems that need to be resolved."

"Then say it."

Yang Zhiyuan didn't give Fei Luo a good look, and wanted to hear what Fei Luo wanted to do.

"I think we haven't had much performance since Yahoo acquired Facebook, and we spent too much money on Facebook, and Facebook doesn't have many profitable points. It doesn't have much to do with our portal business. intersection."

As soon as Fei Luo said, Yang Zhiyuan snorted: "Fei Luo, do you understand the Internet? Facebook is a social networking site, and social networking sites have a natural stickiness to the Internet. Look at Huanyu Group's friends network, they only have the market value of a friend network That's hundreds of billions of dollars."

"But that's Friends, obviously Facebook is not as good as Friends."

"Although it is not comparable, social networking is a major trend in the future, and we must make progress in this area."

"But the money spent is too big."

"Which aspect does not need to be spent, what the Internet fights for is money."

Yang Zhiyuan was angry when he mentioned the cost.

This reminded him of the call with Chen Yu.

Isn't Chen Yu just threatening him with money?

If it weren't for the capital behind guys like Ferro who had been jjyy in front of him, it was impossible for him not to follow up.

Facing Yang Zhiyuan's questioning, Filo did not distinguish with Yang Zhiyuan, but continued: "Second, Yahoo's main business is portals and emails. I think we should focus on portals and emails. But for a while, We at Yahoo do almost everything. We need to do search engines, social network lines, and e-commerce...Although it seems feasible, these entries have actually delayed our main business. At present AOL’s IP traffic has already surpassed ours, and it would be a disaster if AOL overtook us.”

"Filo, you're right, so you're going to be the CEO of Yahoo."

Yang Zhiyuan sneered.

Regarding the second point, he was too lazy to argue with Ferro.

If Yahoo only made portals and mailboxes, it would die.

The Internet business is so big, if the various businesses are not laid out, Yahoo will probably have no status in the entire Internet industry in the future.

In fact, the listing of Huanyu Group greatly stimulated Yang Zhiyuan.

They are clearly the number one Internet company in the world, but why is their market value far lower than that of Huanyu Group.

They are obviously the role models of the world's Internet companies, but they can be beaten by random Friends, Huanyu Video, and Weibo.

It was precisely because of this that he wanted to enter this area even more.

"Of course I don't have the ability."

Filo shook his head and said.

"If you don't have this ability, let's end the meeting."

Yang Zhiyuan didn't want to say anything more to Fei Luo.

He is the founder of Yahoo, the chairman of Yahoo, and the CEO of Yahoo.

What Yahoo wants to do, how to do it, and how long to do it for how long is his business and has nothing to do with others.

It's just that Yang Zhiyuan thought so, but the following sentence made Yang Zhiyuan's heart tremble.

"Mr. Yang, the meeting has just begun."

"how?"

"Mr. Yang, as you said, I am naturally not qualified to be the CEO of Yahoo, but I think we can hire a new CEO."

"Hire a new CEO?"

Yang Zhiyuan stared at Fei Luo.

He naturally knew the meaning of Fei Luo's words.

Although he is the founder of Yahoo, he is also the chairman of Yahoo, and he is also the CEO of Yahoo.

But this is not the most important.

Who has the final say in the company, not the founder, nor the chairman, nor the CEO.

But shareholders have the final say.

Which shareholder or which shareholder group holds the highest proportion is the one that has the final say.

Once the shareholding ratio of some shareholders reaches a certain level, the chairman can be dismissed and a new CEO can be hired.

If Yang Zhiyuan held a relatively large share of Yahoo, he would not need to worry about the dismissal of the chairman.

But if your shareholding ratio is relatively low, sorry, you are in danger every minute.

Before the development of Yahoo was not bad, Yang Zhiyuan lived in peace.

But once Yahoo's development is average, then there is a problem with Yang Zhiyuan's position as chairman and CEO.

Chapter 1100: Today's Headlines

"Is this what you mean, Filo, or what everyone else means?"

Yang Zhiyuan now knew that things were not as simple as imagined.

"I agree with Ferro's proposal."

Another director suddenly said at this moment.

"Count me in too."

"I think there should be more changes at Yahoo."

All of a sudden, on the board of directors, five directors successively agreed to Ferro's proposal.

"you……"

Yang Zhiyuan opened his mouth, and then didn't say any more.

He knew that although Ferro had said it, these people had already reached an agreement in private.

Moreover, based on the shareholding ratio of the capital behind the four of them, their share capital has exceeded 50%.

In other words.

No matter how much Yang Zhiyuan objected, it would have no effect.

"Dismiss."

Yang Zhiyuan's face was ugly.

He knows that today the board of directors cannot make a decision to replace the CEO, and he still needs to pass the votes of all shareholders' meetings.

However, this is just a process.

After a period of time in the future, not only will he lose his position as CEO of Yahoo, but he will also lose his position as chairman of Yahoo.

At most, he can retain a seat on the board of directors, as well as the false name of the so-called founder of Yahoo.

Two weeks later, the media broke a heavy news that Yahoo founder and CEO Jerry Yang resigned from all Yahoo positions.

Yes.

Rather than being dismissed through a general meeting of shareholders, it is better to resign by yourself.

Although Yang Zhiyuan was very unwilling in his heart, he had no choice.

"Unexpectedly, the founder of Yahoo was also kicked out."

"There was Jobs before, and Jerry Yang later. Capital has always been bloody."

"In fact, it is not necessarily wrong to drive away Jerry Yang. Although Jerry Yang is the founder of Yahoo, it is wise for him to leave Yahoo when the founder cannot adapt to the development of Yahoo."

The major media are talking about it.

It's a pity.

There is also rational analysis.

But no matter what, Yang Zhiyuan's departure symbolizes the end of an era.

"Mr. Yang, are you really resigning all Yahoo positions?"

"What to do with it, even if it's a place of honor, it's useless."

"makes sense."

Chen Yu was a little surprised by Yang Zhiyuan's resignation.

You know, if the historical process of the previous life is followed, it will be several years before Jerry Yang resigns from Yahoo.