Chapter 113 A Big Loss

Yang Zhiyuan called Nvidia a pit.

Su Yehao, who had just gotten off the car, smiled without saying a word.

Among graphics processor suppliers, Nvidia's position is equivalent to that of Intel. It holds a large number of patented technologies and has already built an unshakable barrier.

Su Yehao had read the report on Huang钻 (Huang Zuan) computers and knew that there wasn't even a suitable alternative graphics processor on the market right now, presenting a situation of complete dominance.

The ample cash flow brought about by technological monopoly has already put Nvidia on the path of a virtuous cycle. As long as there are no accidents, it is estimated that it can remain popular for at least another twenty years. Even Su Yehao has been tempted more than once to buy Nvidia stock.

If Yang Zhiyuan really does as Jensen Huang says, he probably won't disappear directly from the top of the rich list in the future.

All that can be said about this is:

The success of most wealthy people often only comes from grasping a fleeting moment of inspiration, combined with good timing and luck, to stand out and achieve great success.

Even with money and resources on hand, it is too difficult to replicate this success.

Like Bill Gates, his most dazzling achievement is still Microsoft. Larry Ellison of Oracle is also guarding a business and working hard for more than twenty years.

After Steve Jobs left Apple, he only created Pixar Animation Studios.

Although this animation studio is also very good, having successively launched works such as "Toy Story" and "Monsters, Inc.", he was the Steve Jobs who created Apple and was at the same starting line as Bill Gates back then.

Compared to Gates, who has been sitting on the throne of the global rich list for many years, doing computer animation is obviously a bit lacking.

After all, Yang Zhiyuan isn't Su Yehao, who holds a large number of unicorn companies. Yahoo's stock price has rebounded in recent years, and it still has a market value of more than 30 billion US dollars. Of course, he can't clear his stock and invest it in Nvidia.

In fact,

The Yahoo board of directors, including Yang Zhiyuan, believes that the reason for the company's stock price decline is not only due to Google's market share grab, but more importantly, the Internet bubble of 2000. They feel that Yahoo is at a reasonable price range.

Even if Google doesn't grab the search engine market share, it is likely to be grabbed by companies like Microsoft. Losing in normal competition is simply losing.

Therefore, Yang Zhiyuan really didn't mean to complain about Su Yehao. He even prepared to promote cooperation between Google and Yahoo earlier, but it was rejected by the board of directors.

In addition, he had the idea of acquiring Google, but it was rejected by the board of directors in the end.

Unlike other Internet companies, where founders can often retain control, Yahoo didn't have the popular dual-class stock structure when it was being financed.

Yang Zhiyuan has basically lost control of the board of directors, which has led to a relatively chaotic management within Yahoo, somewhat like "too many cooks spoil the broth." It is often affected by meaningless internal friction.

He is also aware of this, so he has been gradually cashing out and reducing his holdings, betting some chips on Yan文字(Yan Wenzi) Group and Google...

When Larry Page and several Google executives arrived, Su Yehao drove John Zhou to the craft beer workshop he mentioned.

This beer house is located in the Palo Alto area, only a few minutes away.

After exchanging pleasantries and ordering beers, Jensen Huang asked curiously in English, "Boss Su, why are you free to gather tonight? I was originally planning to go to the movies, but Yang brought me here directly."

Su Yehao told the truth and replied:

"I only arrived in the evening. I slept for almost nine hours on the plane. If I don't drink some wine tonight, I'm afraid I can only stay awake until tomorrow morning, I mean local time. It's been a long time since I came to Silicon Valley. Let's have some fun tonight. I just want to know what interesting things have happened in Silicon Valley recently."

Larry Page is no stranger to everyone present. This guy had a whim and suddenly grew a goatee. He looked a bit strange. He said in a calm tone:

"Silicon Valley is still the same. The newly emerged unicorn companies, I mean those with valuations exceeding ten billion US dollars, are all in your hands, Boss. Companies like PayPal, Google Video, Google Travel, and Yan Wenzi's Instagram are all big hits in the first half of this year. Some game companies are also particularly popular. Some people have already called this year the Su Yehao Year. Your net worth should exceed Gates's, right? You know, Boss, you also have a large number of Chinese Internet companies."

He spoke a little fast. It didn't matter to others, but Su Yehao needed to slow down a bit.

Yang Zhiyuan interrupted lazily, "Hey, hey, that's a bit too much. I thought tonight was just a casual chat, but now it feels like bullying. Google is stepping on my Yahoo, and it's developing so well. The acquired subsidiaries are succeeding one after another. Why can't I encounter such good things?"

Su Yehao replied half jokingly and half seriously:

"I'm serious, clear out your Yahoo stock, invest one-third in Nvidia, and leave the rest to me to manage. If you have several billion US dollars in cash, it won't be a problem to increase it tenfold in ten years. I'll only charge you 20% of the management fee. It's a very cost-effective deal."

Not only Yang Zhiyuan, but everyone else present also thought Su Yehao was joking.

Hearing these words,

Yang Zhiyuan didn't take it to heart at all, and said with a smile, "The richest man in the world is indeed different. When I first met you, you weren't as arrogant as you are now. This is a conspiracy. If Yahoo loses me, it will have no way to compete with Google at all, right?"

Su Yehao was speechless.

The beer was quickly served, along with snacks like onion rings and popcorn. More than a dozen people sat around, chatting about all sorts of random topics.

Due to the presence of outsiders, Larry Page and John Zhou didn't mention any company secrets. At most, they gossiped about other companies.

For example, Amazon's online store is losing a lot of money. While suffering huge losses, its stock price is soaring. And someone from AOL is entangled in a sex scandal. The shareholders of Time Warner Group are probably already spitting blood in anger.

Jensen Huang then spoke and asked Su Yehao:

"I remember you cooperated with Apple to establish a subsidiary. There are rumors outside that you are preparing to develop a handheld computer and also developing an operating system specifically for it? I wonder if there will be opportunities for cooperation between you and my Nvidia then. Now me and other executives are waiting for your company, Boss Su, to help us with the OEM production of the new models. The number of orders is likely to be two or thirty percent higher than the numbers we talked about before."

The handheld computer project is a facade; smartphones are the core.

Su Yehao paused for a moment, organized his words, and replied:

"Of course, I welcome orders. AsmL should be supplying Micron soon, and I won't be the only OEM factory in the future, so there's no need to worry too much about production capacity. There will definitely be opportunities for cooperation in the future, but the project with Apple is mainly just to build some large-sized Walkmans. The rumors outside can't be fully believed. It's just adding video viewing and e-book reading functions to the iPod. There's no technical content."

The official government has a war propaganda department, and Su Yehao deeply understands its essence.

Jensen Huang and Yang Zhiyuan were originally thinking about whether there was an opportunity to get involved, but upon hearing these words, they immediately lost interest in that Apple Smart company.

Last year, a company called Archos had already launched an MP4, which wasn't anything new.

It is estimated that it will take another two or three years before everyone present comes to their senses and says – Build your sister's large Walkman!

…