Tao Liangchen
Chapter 265 Pre-Festival
Su Yehao enjoyed a leisurely life, unwilling to seek trouble.
He hadn't completely let go of the company, but many tasks that he, as the founder, should have done personally were assigned to highly paid professional managers. As a result, the several start-up teams developed methodically. In half a year, they applied for registration of more than two hundred patents, and the total number of daily active users quietly exceeded sixteen thousand.
As long as the number of users maintained a high growth rate, customer acquisition costs would continue to be spread out.
Once it dropped to a reasonable level, it was believed that the market's valuation of tAt would increase accordingly.
The main reason why venture capital firms didn't like tAt was that, compared to investment, the number of users seemed too small, meaning it cost more than a thousand Hong Kong dollars to acquire a loyal user, an undeniably staggering price.
The reason for this was that Su Yehao strived for perfection and invested a large sum of money in the early stages of development to improve the product's features, such as flashy personal outfits, personal spaces, and various small games.
It could勉强也算是磨刀不误砍柴工. (Barely considered as sharpening the knife does not delay the work of chopping wood).
With successive upgrades, users frequently reported program crashes.
After investigation, it was found that too many old computers couldn't keep up with the performance, and many dial-up connections were too slow. This made Su Yehao both amused and annoyed. He was arranging for experts to study a reasonable update schedule to maintain user engagement while being only slightly better than his competitors.
This was to avoid revealing all his cards at once, attracting competitors to imitate him, which would easily backfire.
He heard from John Chow that some people in the company were planning to leave and start their own business, seeking development in the instant messaging market.
After asking around, he learned that some people had signed non-compete and confidentiality agreements. Su Yehao decided to nip the bud in the cradle, instructing the legal department to issue warnings directly. The saying that a prime minister's belly can hold a boat did not align with his interests.
...
In the blink of an eye, Hong Kong University had just started the semester, and it was already time for the Lunar New Year holiday.
Including the two-day weekend, there were a total of five days off. Su Yehao booked a private business jet in advance and took Nangong Tian to Tokyo first.
Jiang Yu didn't follow; she decided to return to Casino to accompany her parents.
As for Nong Qingying and Yin Liuli, Su Yehao had made arrangements in advance and took time to meet with them separately.
This explained why the leather sofa chairs in the cabin were so comfortable, yet Su Yehao still asked the flight attendant for a cushion to support his lower back.
Before boarding the plane.
Su Yehao received a call from the board secretary of Yahoo, who informed him that after the company's stock price rose to seventy US dollars, the board felt that the single-share price was too high, which was not conducive to the later market circulation, so they decided to consider a stock split.
As one of the major shareholders, the board regularly maintained communication with him, and documents were sent promptly, which had become commonplace.
As early as the end of June last year, Yahoo had already implemented a "two-for-one stock dividend" resolution, and this time they planned a "one-for-one" split.
In other words, Su Yehao's shareholding would double, but the stock price might be cut in half.
In his opinion, each stock split meant that Yahoo was developing strongly, and it was also conducive to the appreciation of the stock value in his hands, so there was no reason to refuse.
For example, holding one million shares, each worth seventy US dollars, would be worth a total of seventy million US dollars.
After a one-for-one split, the shareholding would reach two million shares, the proportion of the total share capital would remain unchanged, the stock price would "fall" to forty US dollars, but the total value of the stock would rise to eighty million US dollars.
Stock splits are conducive to stock price increases, which is a common practice in the financial world. After all, a single stock price that is too high will reduce the investment enthusiasm of retail investors and invisibly raise the investment threshold.
In Su Yehao's view, short-term fluctuations had little impact.
Anyway, he had already decided to hold it for the long term, and he didn't plan to throw away this printing machine until the internet bubble might burst.
He went to sleep as soon as he got on the plane, with a pillow, eye mask, and earplugs, nothing was missing.
After more than three hours of flying, the Gulfstream business jet landed on the outskirts of Tokyo.
Dai-Ichi Kangyo Bank arranged for a board member who also served as a director to greet Su Yehao at the airport. They specially found two comfortable Mercedes-Benz business cars for him to use during his trip to Japan. The interiors had been modified, with spacious space and exquisite decorations.
The so-called "director" is responsible for assisting the president in corporate management, with a status similar to that of an executive director.
Su Yehao himself had a lot of loans, and considering that he also had a wealthy father who also cooperated with Dai-Ichi Kangyo Bank, he was inevitably valued.
After the gray-haired director briefly conveyed the goodwill of their president, he threw the rest of the work to the public relations department. A middle-aged woman, with a young and beautiful girl, smiled and bowed frequently. Her English pronunciation was quite standard, and communication was not a problem.
After Su Yehao got into the car, he turned to look at the pretty little PR girl.
Seeing this, Nangong Tian joked, "Do you regret bringing me along? It looks like they've already arranged everything for you. Maybe there are beautiful women in kimonos, serving you in a hot spring, feeding you fruit, all enchanting and beautiful."
"Could anyone be more beautiful than you? Fruit not fed by your own hand is never sweet enough."
Su Yehao said reflexively, then explained, "Don't get me wrong, I just think she looks like a celebrity."
"If they're pretty, you say they look familiar. Men really can't be trusted..."
After joking for a while, as the car set off, Nangong Tian's attention shifted to other things, planning to go shopping in Ginza, find the best restaurant in Tokyo, and see the Tokyo Tower at night.
Speaking of her understanding of this place, she mainly learned it from *Tokyo Love Story*.
It is said that she watched it when she was in junior high school, and cried so hard, regretting that the male and female protagonists could not be together.
Su Yehao's impression of this place was average. He just came out for a walk with a tourist mentality, and also with the intention of investigating and learning from competitors.
Whether it was the upcoming financing of the home appliance industry or the internet venture capital industry, Japan was ahead of the game. If the business grew bigger and bigger in the future, it would be inevitable to deal with them, so it was definitely right to learn about it in advance.
He casually flipped through the tourist guide. The bank had already made a detailed itinerary plan based on Su Yehao's needs.
After visiting Tokyo today, he would go directly to the hot spring hotel at the foot of Mount Fuji tonight. Tomorrow, he would visit the headquarters of Dai-Ichi Kangyo Bank and three home appliance manufacturers in Tokyo, all of which had cooperation with Dai-Ichi Kangyo Bank and were in trouble, willing to be acquired or financed.
The day after tomorrow, he would depart for Sapporo to continue skiing and soaking in hot springs, and investigate home appliance manufacturing companies.
Japanese banks are accustomed to providing consulting services to customers, including development planning, data collection, auditing and restructuring, and so on.
Before making this itinerary, someone had communicated with Su Yehao. At the moment, they also listed a lot of traditional Chinese version of the company's data, a thick stack, covering finance, real estate, hotels, the Internet and so on. It is estimated that they wanted to take this opportunity to let Su Yehao acquire or provide funds, and strive for a win-win situation for all parties.
Without exception, these companies on the data were all customers of Dai-Ichi Kangyo Bank, and some of them still owed loans to the bank and were unable to repay them.
Knowing what the people in the bank were planning, Su Yehao didn't mind, but instead, he was in high spirits, with a wonderful mentality of digging for gold on Taobao, carefully reading these materials...