Nortel Networks' patents and talents are something Xiao Qi must keep in his hands.

The reason is very simple. Nortel Networks' technical patents in optical fiber, 3G, 4G, network switching, wireless communications, etc. are all world-class. If Xiao Qi wants to continue to develop, he must obtain these patents and talents.

Especially talent is the most important.

Once you have a patent, it is currently protected for 20 years. Maybe more than half of the time for many patents has passed, leaving only a few years of patent licensing benefits.

But with talents who can continuously develop new patents, you can ensure that your patent monopoly can continue.

I have never heard that a company's patent barrier can be achieved by just a few or dozens of patents. At least hundreds or thousands of patents are issued continuously, and then they continue to introduce new ones over decades.

Only this can constitute a long-term patent monopoly.

In this regard, Intel and IBM are both leaders.

Even though their reputation and strength are usually not as good as those of emerging companies, their real potential strength is scary - haven't you seen that the US government, national defense, scientific research and other institutions use their products?

It’s impossible for a company like this to go bankrupt! Is the name of a government-supported enterprise a joke?

As for absorbing these large numbers of experts and technicians, it will greatly increase the burden on Mingxiang Holdings' North American laboratories, and the expenses will skyrocket, so that is not a problem.

The size of Mingxiang Holdings' North American laboratory has never been too big for Xiao Qi. If a Chinese company wants to develop high technology, you can't get past these European and American experts who have received advanced education and use foreigners to fight for their own careers.

That is undoubtedly a good thing.

Moreover, these experts are not those in China who just rely on their qualifications. They have real talents and knowledge, and they can contribute their own strength and intelligence to Xiao Qi, making money from them, earning several times or even dozens of times the investment.

, it’s not that difficult.

In addition, Xiao Qi’s other most important acquisition was the wholly-owned acquisition of Yahoo.

He came up with this plan after his previous bid for the Alibaba shares owned by Yahoo was rejected. This was not about venting anger at all, but because their rejection made Xiao Qi feel suddenly enlightened.

There are many good things about Yahoo, including search engine patents, various company stocks, strong R&D personnel... etc. As the first listed Internet company in the United States, Yahoo has a deeper foundation than Google.

For the same amount of money, not only can you get shares of Alibaba, but you can also get so many accompanying gifts. No idiot would be willing to do so!

According to the history of previous lives, Yahoo will reach its lowest price in history at the end of this year - with a market value of only US$12.7 billion.

It is conceivable that Yahoo's management has failed to turn such a large company into a company whose net assets are higher than the market capitalization. Chairman Yang has once again proved to the world that good company creation

The truth is that managers are not necessarily good managers.

Of course, it was impossible for Xiao Qi to be so belated as to negotiate acquisitions with Yahoo's important shareholders and buy their shares on the stock market at that time.

Buying stocks is not like what is written in the book. Today, Yahoo only has 12.7 billion U.S. dollars. If you spend 12.7 billion U.S. dollars today, you can fully control Yahoo. This is obviously just a dream.

Yahoo's equity is very complicated, including management shareholdings, institutional shareholdings, retail investor shareholdings, tradable shares, etc., let alone one person. Just give you dozens of elites in a department, and you can make it happen within two or three months.

It was a very impressive performance to handle the entire acquisition within one hour!

During this period, it is possible that the value of Yahoo's shares will increase, and you will need a premium to buy from institutional investors. Forced acquisitions and privatizations will also require a premium...

People who want to buy the lowest price and care about every penny are definitely not people who want to do big things!

Because you don’t know at all whether anyone will compete with you by then, let alone what surprises there will be.

Therefore, after Tong Wencong completed the privatization of imax, Xiao Qi began to prepare Yahoo-related information. Once the financial crisis began to break out in September, he could immediately engage in contact and negotiation with Yahoo's shareholders to strive for the best solution.

Complete the acquisition of Yahoo's shares as quickly as possible.

Of course, the acquisition of Yahoo is not just that simple. First of all, the US Antitrust Commission, Fair Trade Commission and other places will pay close attention to this incident.

Normally, if they discover that Xiao Qi is making an acquisition, their first reaction is to determine that the acquisition is illegal and order Xiao Qi to stop the acquisition - because these companies in the United States that are involved in network security are not allowed to be acquired by a person.

Controlled by the Chinese.

Therefore, when Tong Wencong was preparing intelligence, he also needed to spend a lot of money on lobbying giants in Washington.

There is a very strange law in the United States, that is, the Lobbying Act. Lobbying companies and lobbyists must be registered to be eligible to lobby. This law also stipulates many rules and regulations, which is called to restrict and allow lobbying.

It is more transparent, but it actually creates bargaining chips for transactions.

But fortunately, the United States has these endless lobbying companies, more than 25,000 registered lobbyists, and more than 100,000 indirect service teams, making every decision of the U.S. government full of conspiracy and transactions.

Yahoo cannot be sold to Chinese people, but if Xiao Qi can lobby through them and then make some promises, such as not moving out of the United States and continuing to work as usual, then it is probably feasible.

The only thing the young man has to pay is a large amount of money. Hundreds of millions is a small amount. The whole thing may cost even more than a billion dollars, which is a huge expense.

But how could Xiao Qi be a person doing loss-making business?

He has paid so much, and naturally gained more!

Think about Alibaba’s 40% stake alone. By the end of 2013, it was conservatively estimated to have exceeded 60 billion U.S. dollars, not to mention the other assets, patents, etc. mentioned above that Yahoo has in its hands.

In fact, it is precisely because Yahoo has such abundant capital that US$12.7 billion is just an unexpected and unreasonable value. In just a few months, the value will almost double, and it has not fallen since then.

If you want to acquire what you want, you must be well prepared this time and hit the target with one strike!

While the acquisition of Yahoo was slowly being prepared, Xiao Qi made a new round of investment to establish a company in the United States, and Hoffman has been busy with this.

The foursquare social networking site started its public beta test in November and officially went online in December. Through its novel sharing function, the real-time support of powerful network wifi, and the sufficient financial support given by Xiao Qi, it was immediately launched in

Among young people in North America, there has been a youth storm of social networking sites.

People in Europe and the United States like social networking sites the most. Speaking of themselves, they are free and open enough, but they still think that the Internet is better and more interesting than reality, and they can escape many negative things in reality.

Therefore, social networking sites are very popular in the United States.

But another aspect of popularity is that competition is very fierce.

There are dozens of well-known social networking sites. If you don’t have any real skills, it will be difficult to stand out in the shadow of those giants.

Foursquare is undoubtedly a social networking site with novel ideas. It focuses on geographical sharing and timely sharing, allowing friends to pay attention to their own journeys, business trips, etc. It is cool to me, but cool to others.

It felt like I had visited that place with my friends.

To become famous, any website needs the support of advertising.

With Xiao Qi's restructured funds for advertising, foursquare suddenly became the coolest website. The number of registered users exceeded 23 million in one month, and the number of weekly active users exceeded 8.45 million, making it the 9th most active website in the United States.

The social networking site completely exceeded everyone’s expectations.

Of course, in addition to advertising and novel ideas, there is also the reason that Hoffman has built the website very well. Whether it is uploading geographical location, uploading comments, photos, etc., the structure is solid.

There will be no problems such as network lag or continuous failure. It gives people a very good user experience and naturally attracts many young people.

As for the game development of goolgame, Hoffman indeed hired 15 game development teams in the industry, and nervously developed "Happy Farm", "Happy City", "Texas Hold'em", "Coffee World", "Pet Community",

"Bejeweled Blitz" and so on, have been transformed into real games, and several of them have entered public beta. It is expected that they can be logged into Facebook, MySPCE and other social networking sites as early as mid-January.

Building the website of airbnb is not a problem. The problem is to invite families from all over the place to join the plan at the beginning of its opening.

This cannot be done online. Publicity in various places offline is also very important. Hoffman’s team has begun to go to various tourist attractions in the United States to promote this concept with advertisements and so on. Now it seems that

The effect is not bad, but if we want to achieve a preliminary scale, I am afraid we really need to wait a few more months.
Chapter completed!