I’m in Hollywood - Chapter 727

[Chapter seven hundred and nineteen with crooked whole industry]

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Chris is much more relaxed than Eric, saying: “According to the preliminary assessment, Ian and Steve will each receive 3 million shares, Jeff Locke will be awarded 2 million shares, and Tina Brown will be awarded 1 million shares. . According to Wall Street’s current valuation of 5 billion US dollars, they will directly enter the ranks of billionaires with this equity incentive plan, and the possibility of the four of them leaving is extremely low. Besides them, there are a large number of other Middle and low-level managers and outstanding employees will receive a maximum of 200,000 shares and a minimum of 10,000 shares, and these people may be poached with a lot of money, but it will not have much impact on Yahoo.”

Yahoo’s total share capital is 100 million Shares around, based on the current Wall Street valuation of Yahoo at $5 billion, the price per share is equivalent to $50.

After the implementation of this equity incentive, Yahoo will generate dozens of millionaires at one time.

The imitation difficulty of portal websites is very low. If you want to maintain a leading position for a long time, you must not only invest heavily in technology research and development to establish patent barriers, but also avoid the loss of core employees as much as possible.

This is also the main reason why Eric formulated this equity incentive plan in the first place.

If you can’t win over these management and excellent employees, these people who have accumulated enough experience in Yahoo will soon be able to replicate the Yahoo model with the support of their competitors.

While Chris isn’t too concerned about Microsoft’s attempts to poach, Eric isn’t.

Microsoft must be aware of this internal equity incentive plan at Yahoo, but it still tested Steve Mitnick, which shows that they have made a mental preparation to pay more.

Yahoo’s equity incentive plan will finally be finalized at the end of July, but there is no free lunch in the world. These shares are not only a reward for the work of Yahoo’s management in the past few years, but also mean that the employees who receive the reward will be firmly tied to the company. within Yahoo.

According to the original agreement, if the employee who accepts the equity award chooses to resign within five years, the stock in his hand will not only be forcibly redeemed by Yahoo at the price of the equity award, but the resigner will also be restricted from engaging in any Internet-related activities for the next five years. work.

Otherwise, you will face huge claims.

The development speed of the Internet industry can be calculated almost on a monthly basis. Five years away from the entire industry almost means complete elimination.

Eric believes that July will be a very important watershed for Yahoo.

The Internet industry is just beginning to rise.

There are countless opportunities to get rich overnight. Therefore, before the official implementation of the low-equity incentive plan in July, there will definitely be a group of Yahoo employees who, driven by more generous interests, choose to give up the upcoming generous equity incentives and switch to other homes.

even stand on their own.

After thinking about it for a while, Eric gradually realized that since he could not prevent the loss of employees, he could use Yahoo’s leading position in the industry to do everything else. You must know that Yahoo is now the imitation of many emerging Internet companies.

Some of Yahoo’s Internet products have even followed suit,

but for the time being, there is no latecomer that can threaten Yahoo’s position in the industry.

Since Yahoo’s every move will be studied and even imitated, then Yahoo can try to lead latecomers astray.

The portal model certainly won’t last long, but it’s like the dotcom bubble in the next few years.

Yahoo can also over-package the portal model on the surface, depicting a bright future that far exceeds its actual development potential, so as to trap the main energy of several major competitors on the portal business.

Yahoo, on the other hand, can go the right way in private. Many examples in memory have proved that the key factor in the rapid rise and fall of a giant company is never capital or technology, but strategy.

Burning $10 billion a year is nothing if not on the right path.

The Nokia of the previous life, in the year when Apple was ousted from the throne of the mobile phone market.

The investment in research and development is still far more than that of Apple, but in the end, it can only withdraw from the mobile phone market.

After sorting out the general idea, Eric’s hand holding the pencil had already written a line on the notepad in front of him before he knew it.

Chris is used to Eric’s frequent sudden thoughts.

I didn’t bother. Seeing what he started to write on the notepad, he took a look and asked curiously, “What are you writing?”

Eric handed the notepad over, and Chris found that there were eight completely unfamiliar characters on it.

“This is… Chinese characters?” Chris knew that Eric could speak Chinese, and he always thought this was very magical.

But he didn’t mean to get to the bottom of it. After all, Eric was a miracle as a whole, and he simply attributed Eric to the category of genius.

Eric nodded and explained: “There was a rebel rogue in ancient times in the East. During the critical period of his career, he used these eight characters to successfully become the emperor.”

“What does the rogue have to do with the emperor? This is 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’t be explained in a few words. If you are interested, take the time to explain it to you. Let’s talk about the plan I just thought of. Boston is not planning to hold a Yahoo Technology Alliance. And the Advertising Alliance Conference? I decided to move this event forward to early July, and try to make it as loud as possible. Well, so, during the period, we will hold another Yahoo Network product launch, and promote our upcoming YahooPay payment through TV broadcast. Tools and other products.”

“Eric, I don’t quite understand. Yahoo’s every move has been watched by a lot of people. If it’s too loud, it won’t do us any good, why do it?”

“Because ah,” Ai said Rick showed a sullen smile, tapped his finger on the technical book with the eight Chinese characters written on it, and said, “I’m going to lead the whole industry. [ㄨ]”

Chris was about to continue his questioning when there was a knock on the study door. Knock, Joanna walked in, really wanted to say something, noticed the weird smirk on Eric’s face, and said, “What are you thinking about?”

Eric put away his expression and shook his head solemnly, Dao: “No, Chris and I are discussing a charitable plan, and we plan to donate some money to bison in Africa. Help them control the size of their births. The annual migration of tens of millions of animals is so exciting.”

Joanna knew that Eric was talking nonsense and rolled her eyes slightly.

Said: “Okay, let’s talk about it in the afternoon, let’s have dinner.”

Seeing Joanna leaving, Chris couldn’t help laughing: “African Bison, how did you jump to this from the Internet?”

“Yesterday Late Xiaxia hid the remote control. We were forced to watch an hour-long documentary on the African savannah,” Eric smiled, got up and said, “Let’s go to dinner first, and discuss the topic just now.

Chris got up and said with a smile: “Xia Xia is so smart, I think she will be as good as you in the future.”

”

It’s not good to be too good,” Eric spread his hands around the villa and said, “Her The starting point of life is higher than that of all the children in the world, but I am worried that the little girl will have no pursuit in the future, and wants to rule the world or something.”

“Haha.” The

two laughed and walked out of the study.

As soon as he arrived in the living room, he saw a small figure in Hawaii running in from the door, stepping on his little boots, his eyes were wide open, and his face was filled with a look of panic that is usually very rare. Ke, the little girl rushed up immediately.

“Baby, what’s the matter?” Eric quickly stopped and hugged Hawaii, who rushed over, in his arms. He felt his daughter cling to him like a sloth. He just opened his mouth and remembered the expression on Hawaii’s face just now.

Immediately understood something, looked towards the door.

Chris was a little unclear, but thought that it was probably the first time he saw such a rich expression on the little face of Hawaii.

The little girl has not answered yet.

The answer came from outside the door: “Hey, Xia Xia, why are you running away when you see Aunt Drew? It makes me so sad. I won’t read you a bedtime story in the future.

” The little girl in the yellow trench coat walked into the door.

Seeing Eric, he immediately rushed over in three or two steps, hugged him intimately, and forcibly kissed the Hawaiian face that was attached to Eric before greeting Chris.

At noon, everyone chose to barbecue. At this time, the living room could smell the fragrant smell of barbecue. Eric continued to walk out with Hawaii in his arms, and said to the little girl who followed: “You are now Xia Xia’s natural enemy, don’t want it in the future. Read horror novels to scare her again.”

Although he said that, Eric’s tone did not contain much reproach.

Hawaii’s IQ is so extraordinary that he and Joanna both worried that their daughter’s little brain would only have logic and lack of emotion.

Xiao Nizi’s mischievous and unintentional act made Hawaii a little more normal child’s mood. Eric knew that Xiao Nizi would never really hurt her daughter, so he didn’t worry too much after finding out about it. superior.

The little girl secretly glanced at her father and made a face in Hawaii when she heard what her father said. Seeing that the little girl immediately buried her head on her father’s shoulder, she giggled and took Eric’s arm and said, “Okay. , By the way, Hanks came to New York too, he didn’t come, just asked me to say hello to you.”

While Eric was busy investing in Sprint, the North American film summer program has quietly opened, and this year’s summer program has opened. The blockbuster is Fox’s “Die Hard 3”, which will be released on May 19.

The sequel, which cost Fox $90 million, didn’t do well in previews, and with blockbusters such as “Jurassic Park 2” and “Batman Returns,” there is little hope of a North American box-office explosion.

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 ahead of schedule , in order to make arrangements for overseas distribution during the summer vacation.

“Die Hard 3” really “lives up to expectations”, with only $29 million at the box office in the first week. For a 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 26, was the second week of the summer vacation.

The show was Warner’s “Fair Game”, which was accidentally intervened by Eric. The cost of this action film was 50 million US dollars. The heroine was changed from Cindy Crawford to Claudia Schiffer. I heard that The script has also been greatly revised, but I don’t know how it will work. Eric has not paid attention to the box office information for the time being.

“Forrest Gump” is scheduled to be released on June 9. Eric will hand over the film to Flower Pictures for personal distribution. Drew will come to New York to lead the crew on a publicity tour. roadshow.

“You help me say hello to him too,” the three walked out of the villa, Eric handed Hawaii to Joanna, rolled up his sleeves and walked to the barbecue to help, and continued to the little girl beside him: “You guys When will you leave New York?”

“Today Hanks is going to record “The Reno Show”, we will go to Washington tomorrow, and the next stop will go directly to Miami, and then go back to the West Coast, starting from Seattle,” Xiao Nizi said about her own During the trip, he picked up a bunch of chicken wings from the table and stood beside Eric and roasted them, saying: “Eric, Amy heard that Kirk Cortrian has recently started contacting MGM again. A friend saw Kirk Cortrian and Frank Makasso at a party last week.”

Eric paused while flipping the barbecue, then shook his head and said with a smile, “Let’s eat first, I’ll give Frank Marcasso a call at night, and you can just focus on the release of “Forrest Gump”.”

“Well,” the girl nodded, she just reminded Eric that as long as Ai Rick knew, she wouldn’t worry about these things.

For the current MGM, in addition to the 007 series, several other profitable film series “Charlie’s Angels” and “Resident Evil” are all under Eric’s control, and the copyright of “Wonderful Night at the Museum”, which will be released in the summer, is also under the control of Eric. at Flower Films.

Without Eric’s approval, Crédit Lyon would never have been able to sell MGM for a good price.

As for Kirk Cortrian, the Las Vegas tycoon, Eric will definitely not allow him to go into Hollywood and mess around again.

Over lunch, Eric and Chris discussed at length plans to use Yahoo to lead other competitors astray.

The current Internet environment belongs to the era called Internet 1.0 by later generations.

During this period, users just came into contact with the Internet, and they are both dazed and curious about all the information on the Internet. Therefore, the portal website that acts as a content guide appears to be very promising.

But in fact, for users, this period is only the initial stage of users’ understanding of the Internet. When they become more and more familiar with the Internet environment, the attractiveness of portals that can only provide them with customized content will be greatly weakened. Generate a variety of personalized needs.

Therefore, after the accumulation of Internet content in the 1.0 era, the Internet 2.0 era gradually opened to meet the personalized needs of users. Although the portal website has not been completely eliminated, it has also become a chicken rib. Network products such as search engines that provide users with information retrieval needs and blogs that meet users’ social needs have begun to flourish.

What Eric wants to do is to use the advantages of Firefly Group and Yahoo’s media resources to maximize the development prospects of the portal website as much as possible through high-profile publicity, and to focus the main competitors’ attention on the portal website business.

Then, while maintaining the dominant position of Yahoo’s portal website industry in the 1.0 era as much as possible, make arrangements for the opening of the 2.0 era in advance.

Yahoo temporarily canceled the IPO plan, and it does not need to release any details in the next few years, so this plan is very feasible.

In the process of this splendid bubble being blown up, even if some people can stay awake, unless Eric is unlucky and encounters a difficult opponent like Microsoft, Yahoo has enough strength to make this part of the sober people in advance. Embrace or destroy.

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[End of this Chapter]