Chapter 719: With the whole industry
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Chris is much easier than Eric. "According to the initial assessment, Ian and Steve will each receive 3 million shares, Jeff Locke for 2 million shares, and Tina Brown for 1 million shares. According to Wall Street's current $5 billion valuation, they will use the equity incentive plan to directly enter the ranks of billionaires. The possibility of their four departures is extremely low. In addition to them, there are another large batch. Middle and low-level managers and excellent employees will receive a maximum of 200,000 minimum 10,000 shares of equity awards. These people may be heavily squandered, but will not have much impact on Yahoo."
Yahoo’s total share capital is about 100 million shares. According to the current Wall Street valuation of Yahoo’s $5 billion, the price per share is equivalent to $50. After the implementation of this equity incentive, Yahoo will generate dozens of millionaires at a time.
The imitation of the portal is very difficult. To maintain a leading position for a long time, it is necessary not only to invest heavily in technology research and development to establish patent barriers, but also to avoid the loss of core employees as much as possible. This is also the main reason why Eric originally formulated this equity incentive plan. If you can't get enough of these management and excellent employees, those who have accumulated enough experience in Yahoo will soon be able to copy the Yahoo! mode with the support of their competitors.
Although Chris is not too worried about Microsoft's attempt to dig, Eric does not think so. Microsoft certainly knows Yahoo's internal equity incentive plan, but still tempted Steve Mitnick, which shows that they have made preparations for more cost.
Yahoo’s equity incentives will eventually be finalized by the end of July, but there is no free lunch in the world. These shares are not only rewards Yahoo’s management for the past few years, but also rewarded employees who are rewarded. Within Yahoo!
According to the original agreement, if the employee accepting the equity award chooses to resign within five years, the stock in the hands will not only be forcibly redeemed by Yahoo at the price of the equity award, but the resignee will also be restricted from engaging in any Internet related issues for the next five years. work. Otherwise, you will face huge claims. The speed of the Internet industry can be calculated almost monthly, leaving the industry for five years, almost completely eliminating it.
Eric believes that July will be a very important watershed for Yahoo. The Internet industry has just begun to rise. With the opportunity to make a fortune overnight, before the official implementation of the low-equity incentive plan in July, there will definitely be a group of Yahoo employees who, under the driving of more lucrative interests, choose to give up the lucrative equity incentives that are about to be transferred to other homes. Even stand on your own.
After considering it for a moment, Eric gradually realized that since he could not stop the loss of employees, he could use Yahoo's leading position in the industry to do everything else. It is known that Yahoo is now the target of many emerging Internet industry companies. Some of Yahoo's Internet products have even followed the trend, but there are no latecomers who can threaten Yahoo's industry status.
Since Yahoo's every move will be studied or even imitated, then Yahoo can try to lead the latecomers to astray.
The portal model is certainly not long-lasting, but like the Internet bubble of the next few years. Yahoo can also over-package the portal model on the surface, portraying a bright future far beyond its actual development potential, so as to put the main energy of several major competitors in the portal business. While Yahoo can go the right way in private, many examples in memory have proved that the rapid rise and decline of a giant company has never been a capital or technology, but a strategy.
If you can't walk on the right path, even if you burn $10 billion a year, it's no good. The past Nokia, the year when Apple was rushed to the throne of the mobile phone market. R&D capital investment is still far beyond Apple, but in the end it can only quit the mobile phone market.
I sorted out the general idea, and unconsciously, Eric’s hand holding the pencil had already written a line on the notebook in front of him.
Chris is commonplace in the situation where Eric often falls into thinking. Did not bother, see what he started writing on the notebook, the probe glanced, curious: "What are you writing?"
Eric handed over the notebook, and Chris found that there were eight completely strange characters.
"This is... Chinese characters?" Chris knew that Eric would speak Chinese. He always thought it was amazing. However, there is no meaning to find out. After all, Eric is a miracle. He simply assigns Eric to the category of genius.
Eric nodded and explained: "There was a rebellious rogue in the ancient times. In the critical period of his career, he used these eight words and succeeded in becoming an emperor."
"What does rogue have to do with the emperor? Is this a fable? But why is it so short?" Chris asked several questions in succession.
Eric took the notebook back and smiled. "Your question can be explained in a few words. If you are interested, you can take the time to explain it to you. Or talk about the plan I just thought of. Boston is not planning to hold the Yahoo! Technology Alliance. And the ad network conference, I decided to advance this to the beginning of July, but also try to do a lot of momentum, um, so, during the period, another Yahoo network product launch conference will be held to promote our upcoming yahoopay payment through TV broadcast. Tools and other products."
"Eric, I don't quite understand. Yahoo's every move has been stared at by many people. If it is too loud, it will be of no benefit to us. Why do you want to do this?"
"Because, ah," Eric showed a sly smile, his fingers knocked on the technical text of the eight Chinese characters, saying: "I want to bring the whole industry."
Chris is about to continue to ask, the study door knocked, Joanna walked in, really want to say something, noticed the strange smirk on Eric's face and said: "What are you doing badly?"
Eric put away his expression and shook his head in a serious way. He said, "No, I am discussing a charity plan with Chris. I am going to donate money to the African bison. Help them control the scale of birth, tens of millions of heads a year. The great migration, Taixing division moved."
Joanna knew that Eric was **** and rolled her eyes. Road: "Well, what's the matter to talk about in the afternoon, eat."
Seeing Joanna leave, Chris couldn't help but smile: "African Bison, how did you jump from the Internet to this?"
"I caught the remote control in summer and summer last night. We were forced to watch an hour-long African savanna documentary." Eric smiled and got up and said: "Let's go eat, let's talk about it." topic."
Chris followed up and smiled. "Summer is so smart, I think she will be as good as you in the future."
“It’s not good or too good,” Eric spread his hand around the villa and said: “Her life is higher than all the children in the world. I am worried that little girl will not pursue anything in the future and want to rule the world. ”
"Haha."
The two laughed and walked out of the study. When I first arrived in the living room, I saw a small figure in Hawaii slamming through the small boots and ran out from the door. The eyes were wide open, and the face was full of a very common panic look. I saw Eric. Gram, the little girl immediately rushed up.
"Baby, what's wrong?" Eric quickly stopped and hugged Hawaii in his arms, feeling his daughter sticking to himself like a sloth, just opening his mouth and thinking of the expression on Hawaii's face. I immediately understood what I was looking at and looked at the door.
Chris is somewhat unclear, just think that he is probably the first time to see such a rich expression on the small face of Hawaii.
Little girl has not answered yet. The answer came from outside the door: "Hey, summer and summer, why do you see Dru's aunt to run? It really makes me sad. I won't read the bedtime story for you in the future."
Accompanied by this voice, Xiao Nizi wearing a light yellow trench coat walked into the door. When I saw Eric, I immediately rushed in three or two steps, and the relatives hugged and forced to kiss on the Hawaiian face attached to Eric, and then greeted Chris.
At noon, everyone chooses to barbecue. At this time, the living room can smell the fragrant barbecue. Eric holds Hawaii and continues to go out. He said to Xiaonizi who came over: "You are now a natural enemy in summer and summer. Read the horror novel to scare her."
Even so, there is not much blame in Eric's tone.
Hawaiian IQ is too extraordinary, he and Joanna are worried that the daughter's little brain will only have logic and lack of feelings. Xiao Nizi’s mischievous inaction, but let Hawaii have a little more normal children’s emotions, Eric knew that Xiao Nizi would never really hurt her daughter, so after discovering this, she was not too worried. on.
Xiao Nizi sneaked into her Hawaii’s face as she heard her father’s words, and looked at the little girl’s head and buried her head on his father’s shoulder. He smiled and held Eric’s arm and said, “Okay. Yes, Hanks also came to New York. He didn't come over, just asked me to say hello to you."
During the time when Eric was busy investing in the sp-day nt, the North American film summer file has been quietly opened. This year's summer movie is a large-scale movie, Fox's "Die Hard 3", released on May 19.
This sequel cost Fox $90 million, but the response during the screening period was not so good. In the midst of the "Jurassic Park 2" and "Batman Returns", the hope of the North American box office broke out. Fortunately, Bruce Willis, like Arnold Schwarzenegger and Sylvester Stallone, has a very strong box office appeal overseas, so Fox decided to release Tiger Galleon in North America in advance. In order to facilitate the overseas distribution during the summer period.
"Die Hard 3" also does not live up to expectations, the first week of the box office is only 29 million US dollars, for the cost of 90 million, this score can almost be described as bleak, Fox has confirmed that this series will be refrigerated for a long time.
Yesterday, May 26th, it was the second week of the summer file. The release was Warner’s "Fair Game", which was accidentally intervened by Eric. The cost of this action film was $50 million. The actress changed from Cindy Crawford to Claudia Schiff. The script has also undergone major revisions, but I don’t know what the effect is. Eric has not yet paid attention to the box office information.
"Forrest Gump" is scheduled to be on June 9th, Eric will hand the film to the flower film industry for personal release, Drew will come to New York, just to lead the crew to carry out the tour propaganda, with the familiar term of previous life is Road show.
"You also help me to say hello to him," the three men walked out of the villa, Eric handed Hawaii to Joanna, rolled up his sleeves and went to the barbecue to help, and continued to Xiaonizi next to him: "You guys When did you leave New York?"
"Today Hanks wants to record "Renault Show", we will go to Washington tomorrow, and then we will go directly to Miami at the next stop, then go back to the West Coast and start from Seattle." Xiao Nizi said his journey and took it from the table. A string of chicken wings stood next to Eric and roasted. "Eric, Amy, I heard that Cork Cotrian has recently started to contact MGM, a friend of hers last week. I met Kirk Cortrien and Frank Makasso at a party."
Eric flipped the barbecue and paused. Then he shook his head and smiled. "First eat, no matter what. I will call Frank Makarso at night, and you will concentrate on "Forrest Gump". It will be released."
"Well," Shantou nodded, and she just reminded Eric that she wouldn't worry about these things as long as Eric had a heart.
For the current MGM, in addition to the 007 series, several other profitable movie series "Jian Jiaowa" and "Resident Evil" are under the control of Eric. The upcoming "Museum of the Museum" copyright in the summer file is In the flower industry. Without Eric's approval, Lyon Credit Bank would like to sell MGM for a good price.
As for Cork Cotley, the casino tycoon, Eric will certainly not allow him to enter Hollywood and toss.
After lunch, Eric and Chris discussed in detail the plan to use Yahoo to lead other competitors astray.
The current Internet environment belongs to the era that is called Internet 1.0 in later generations. During this period, users have just been exposed to the Internet, and they are both curious and curious about all the information on the Internet. Therefore, the portal that acts as a content guide appears to be very promising. But in fact, for the user, this period is only the initial understanding of the Internet by users. When they become more and more familiar with the Internet environment, the portal attraction that can only provide them with customized content will be greatly weakened, and users will start to Produce a variety of personalized needs.
Therefore, after the accumulation of Internet content in the 1.0 era has become very rich, the Internet 2.0 era that meets the individual needs of users has gradually opened up. Although the portal website has not been completely eliminated, it has also fallen into a rib, providing users with information retrieval needs. Web products such as search engines and blogs that meet the social needs of users are beginning to thrive.
What Eric wants to do is to use the firefly group and Yahoo's media resources advantage to expand the prospects of the portal website as much as possible through large-scale publicity, and to focus the attention of major competitors on the portal business.
Then, in the case of maintaining the dominant position of the Yahoo portal industry in the 1.0 era as much as possible, the layout of the 2.0 era will be laid out in advance.
Yahoo temporarily canceled the ipo plan, and it is not necessary to publish any detailed information in the next few years. Then, this plan is very feasible.
In the process of this smashing bubble being blown up, even if some people can stay awake, unless Eric bad luck encounters Microsoft's difficult opponent, Yahoo has enough strength to let this part of the awake in advance. Calling, or destroying.
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