I’m in Hollywood Chapter 719: With crooked industry
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Chris is much easier than Eric, saying: "According to the preliminary assessment, Ian and Steve will receive 3 million share awards, Jeff Locke is 2 million shares, Tina Brown is 1 million shares. According to Wall Street ’s current assessment of Yahoo ’s 5billion USD, They will use this equity incentive plan to directly enter the ranks of billionaires, and the probability of their four leaving is extremely low. In addition to them, there are also a large number of middle and low-level managers and excellent employees will receive the highest 200,000 minimum 10,000 This group of people may be stolen away by heavy money, but it will not have much impact on Yahoo. "
The total share capital of Yahoo is around 100 million shares. According to the current Wall Street valuation of Yahoo 5 billion USD, the price per share is equivalent to 50 USD. After the implementation of this equity incentive, Yahoo will generate dozens of millionaires at once.
The imitation difficulty of web portal is very low. If you want to maintain a leading position for a long time, not only should you invest heavily in technology research and development to establish patent barriers, you also need 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 the management and excellent employees cannot be surrounded by heavy funds, once those who have accumulated enough experience in Yahoo leave, with the support of competitors, they will soon be able to replicate the Yahoo model.
Although Chris is not too worried about Microsoft's attempt to dig corners, Eric does not think so. Microsoft certainly knows the equity incentive plan within Yahoo, but it is still testing Steve.Mitnick, which shows that they have made preparations for paying more.
Yahoo ’s equity incentive plan will be finalized at the end of July, but there is no free lunch in the world. These shares are not only rewards for the work of Yahoo management in the past few years. It also means that the employees who receive the rewards will be firmly bundled in the Yahoo company.
According to the original agreement, if the employee receiving the equity award chooses to resign within five years, the stock in hand will not only be forcibly redeemed by Yahoo according to the price of the equity award, but the resigned person will also be restricted from engaging in any work within the next five years Otherwise, work related to the Internet will face huge claims. The speed of development of the Internet industry can be calculated on a monthly basis, leaving the entire industry for five years. Almost means completely eliminated.
Eric believes that July will be a very important watershed for Yahoo. The Internet industry has just begun to rise, with countless opportunities to become rich overnight. Therefore, before the formal implementation of the equity incentive plan at the end of July, there will definitely be a group of Yahoo employees who will be driven by more abundant interests and choose to abandon the forthcoming generous equity reward transfer Other homes, even independent portals.
Considering a moment, Eric gradually realized. Since he can't stop employee turnover, he can use Yahoo's leading position in the industry to do all other things. You know, Yahoo is now the imitation of many emerging Internet industry companies. Some Internet products of Yahoo have even followed suit, but for the time being there is no newcomer that can threaten the status of the Yahoo industry.
Since Yahoo's every move will be studied or even imitated, then Yahoo can completely try to lead the latecomers astray.
The web portal model is certainly not sustainable, but it is like the Internet bubble in the next few years. Yahoo can also over-package the web portal model on the surface, depicting a bright future that far exceeds its actual development potential. In this way, the main energy of several major competitors is trapped in the web portal business. However, Yahoo can go the right way in private. Many examples in memory have proved that the key factor of the rapid rise and sudden decline of a Big Mac company is never capital or technology, but strategy.
If you ca n’t walk on the right path, even if you burn 10billion USD every year. It's also useless. previous life's Nokia, in the year when Apple Inc. was ousted from the throne of the mobile phone market, the investment in R & D funds still far exceeded that of Apple, but in the end, it could only withdraw from the mobile phone market.
Understand the general idea unconsciously. Eric has written a line on the notepad in front of him with the hand holding the pencil.
Chris was familiar with the situation where Eric would often suddenly think about it, and did not disturb. After seeing what he began to write on the notepad, the probe glanced at it, and was curious: "What are you writing?"
Eric handed over the notepad, and Chris found eight completely unfamiliar characters on it.
"This is ... Chinese characters?" Chris knows that Eric can speak Chinese. He always thinks this thing is very magical, but it does not mean to find the root. After all, Eric is a miracle for the whole person. He just attributed Eric to Within the category of genius.
Eric nodded and explained: "There was a rebellious rogue in ancient times in the East, who used these eight words in a critical period of his career to successfully become an emperor."
"What is the relationship between the rogue and the emperor, is this a fable, but why is it so short?" Chris asked several questions in a row.
Eric took the notepad back and said with a smile: "Your question can be unclear in a few words. If you are interested, take time to explain it to you. Let me talk about the plan I just thought of. Isn't Boston planned to hold the Yahoo Technology Alliance and Advertisement Alliance conferences? I decided to advance this matter to the beginning of July, and try to be as loud as possible. Well, during this time, another Yahoo network product launch conference will be held to promote our upcoming YahooPay payment tool and other products through TV broadcast. "
"Eric, I don't quite understand. Yahoo's every move has been stared by a lot of people. If it's too loud, it's not good for us. Why should we do this?"
"Because," Eric grinned, and tapped on the notepad with the eight Chinese characters, saying, "I want to take the whole industry crooked."
Chris is about to continue to ask. The study door knocked, Joanna walked in, what to say, noticed the weird grin on Eric ’s face, and said: "What bad thoughts are you playing?"
Eric put away the expression. He shook his head solemnly and said, "No, Chris and I are discussing a charity plan, intending to donate some money to African bisons to help them control their fertility scale, and the huge migration of tens of millions of heads each year.
Joanna knew that Eric was bullshit, rolled his eyes gently, and said: "Okay, what's the matter to talk about in the afternoon, and eat."
Seeing Joanna leave, Chris couldn't help laughing: "African bison, how did you jump from the Internet to this?"
"Last night Xiaxia hid the remote control, we were forced to watch the African Savannah documentary for an hour," Eric smiled. Get up and say: "Let's go to dinner first, and then discuss the topic just now."
Chris followed and smiled: "Xiaxia is so smart, I think she will be as good as you in the future."
“It ’s too good or bad,” Eric spread out his hands around the villa and said: “Her starting point in her life is higher than all the children in the world. Of. "
"Haha."
The two walked out of the study room with a smile. As soon as I arrived at the living room, I saw the little figure of Hawaii Pā Tà Pā Tà stepping on the little boots and ran in from the door. The eyes were wide open, and his face was still full of the usual rare panic look. Seeing Eric, the little girl immediately flew up.
"Baby, what's wrong?" Eric quickly stopped and hugged the Hawaii that threw it in his arms, feeling that her daughter clung to her like a sloth. Just opening, remembering the expression on the face of Hawaii, I immediately understood what I was looking at the door.
Chris is a bit unknown, so I just think. It seems that this is the first time I saw such a rich expression on the small face of Hawaii.
The little girl has n’t answered yet, and the answer came from outside the door: "Hey, Xiaxia, why would you run when you see Aunt Drew? It is really sad for me. I wo n’t read the bedtime story Oh for you in the future."
With this sound, small girl wearing a light yellow trench coat walked into the door and saw Eric, threw it in two or three steps, hugged intimately, and forcibly kissed the face of Hawaii attached to Eric, and only then Chris greets.
At noon, everyone chooses to grill. At this time, you can smell the delicious barbecue in the living room. Eric continues to go out holding Hawaii. To the following small girl: "You are now the natural enemy of Xiaxia, do n’t read it in the future. Horror novels scared her. "
Despite this, there is not much blame in the tone of Eric.
Hawaii IQ is too extraordinary, he and Joanna both worried that his daughter's small brain would only have logic and lack of feelings. small girl's mischievous and unintentional actions at the beginning made Hawaii a little more normal child's emotions. Eric knew that small girl would never really hurt her daughter, so after discovering this, she didn't pay much attention to it.
small girl secretly glanced at her Hawaii when she heard the words Papa. She looked at the girl and buried her head on her father ’s shoulder again. He smiled and held Eric ’s arm and said, “Okay. By the way, Hanks also came to New York, he did n’t come, just asked me to say hello to you. "
In the period when Eric is busy investing in sprints, the North America movie summer file has been quietly opened. This year's summer blockbuster blockbuster is Fox's "Die Hard3", which will be released on May 19.
This sequel cost Fox 90 million USD, but the response was not very good during the screening stage. With the coming of "The Lost World: Jurassic Park", "Batman Returns" and other blockbuster films, North America Box Office has little hope of breaking out. Fortunately, Bruce Willis, like Arnold Schwarzenegger and Sylvester Stallone, has a very strong Box Office appeal overseas, so Fox decided to release "Die Hard" in North America in advance in order to distribute overseas distribution during the summer period.
"Die Hard3" is indeed "to live up to expectations". In the first week, Box Office was only 29million USD. For the cost of 90 million, this result can almost be described as bleak. Fox has determined that this series will be refrigerated for a long time.
Yesterday, May 26th was the second week of summer. It was Warner's "fair game" that was accidentally intervened by Eric. The cost of this action film was 50 million USD. Heroine was changed from Cindy Crawford to Claudia Schiffer. I heard that script has also been greatly modified, but I don't know how it works. Eric hasn't followed Box Office information yet.
"Forrest Gump" is scheduled to be released on June 9, Eric will hand over the film to Flower Films for personal release. Drew will come to New York, just to lead the crew to tour the publicity. In previous life, the familiar term is roadshow.
"You also say hello to him," the three of them walked out of the villa, Eric handed over Hawaii to Joanna, rolled up their sleeves and walked to the grill to help, continued to small girl beside him: "When do you guys Leave New York? "
"Today ’s Hanks is going to record the" Reynolds Show ", we will go to Washington tomorrow, and then go directly to Miami at the next stop, and then go back to the West Coast, starting from Seattle," small girl said of his itinerary, picked up from the table A string of chicken wings stood beside Eric and roasted, saying: "Eric, Amy inquired about Kirk. Ke Terry An recently started to contact Metro Goldwyn Mayer again. One of her friends saw Kirk. Ke Terry An on party last week. And Frank Makasso. "
Eric's hand to turn the barbecue stopped, then shook his head and smiled, "Let's eat first, regardless of him. I will call Frank Makasso at night, you can concentrate on the release of" Forrest Gump "."
"Well," the girl nodded, and she just reminded Eric that as long as Eric knew, she would not worry about these things.
For the current Metro Goldwyn Mayer, in addition to the 007 series, several other profitable movie series 《Charlie's Angels》 and "Resident Evil" are under the control of Eric, and the upcoming summer release of "Night at the Museum" copyright is in Flower Films. Without the approval of Eric, Crédit Lyonnais S.A. would like to sell Metro Goldwyn Mayer at a good price.
As for Kirk. Branch Terry, the casino tycoon, Eric will definitely not allow him to enter Hollywood blindly.
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 called Internet 1.0 by future generations. During this period, users have just come into contact with the Internet and are at a loss and curious about all the information on the Internet. Therefore, web portal, which acts as a content guide, seems promising. But in fact, for users, this period is just the initial stage of users' understanding of the Internet. When they become more familiar with the Internet environment, the appeal of web portal, which can only provide them with customized content, will be greatly weakened, and users will begin to produce Various personal needs.
So, after the accumulation of Internet content in the 1.0 era, it became very rich, and the Internet 2.0 era to meet the personalized needs of users gradually opened. Although web portal has not been completely eliminated, it has also become a chicken rib and provides information retrieval for users. Internet products such as demanded search engines and blogs that meet users ’social needs have begun to flourish.
What Eric wants to do is to make use of the advantages of Firefly Group and Yahoo media resources, and to expand the development prospects of web portal as much as possible through large-scale publicity, so as to trap the attention of major competitors in the web portal business.
Then, while maintaining the dominant position of the Yahoo web portal industry in the 1.0 era as much as possible, we will lay out for the opening of the 2.0 era in advance.
Yahoo has temporarily canceled the IPO plan. In the next few years, no detailed information needs to be published, so this plan is very feasible.
In the process of this gorgeous bubble being blown up, even if some people can stay awake, unless Eric is unlucky to meet a difficult opponent like Microsoft, Yahoo has enough strength to wake up this part in advance Those who recruited, or destroyed.
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