After the end of the day's inspection of water world animation business, Zhuke did not leave Silicon Valley, but went to Lingying company, which is in the same building as water world animation.
Before the deadline, LinkedIn has been established for more than a year.
From scratch, Zhuke personally invested 45 million US dollars, which is quite a lot, at least more than 90% of the Internet companies on the market.
Of course, the results are remarkable.
Jeff Weiner is worthy of being the first meritorious person who brought Lingying company into glory in the original time and space. Under his leadership, Lingying company has finally made a breakthrough.
There are 11.72 million registered users in the United States;
Overseas, well, there are more than 600000 registered users in Mexico and Canada;
According to the latest issue of the Goldman Sachs Journal of finance, the 14 month old Lingying group is estimated to have a market value of 62-70 million US dollars.
Among the thousands of Internet companies newly established in less than two years, LinkedIn ranked sixth in terms of market value.
This achievement is enough to overlook many Internet companies.
Of course, this is to exclude Microsoft, IBM, Oracle, Amazon, Yahoo and other Internet giants.
After all, the newly established Lingying company is quite different from them.
Well, even in the future it will be very different.
"Boss, although the number of our users has come up at present, from the daily growth in the last two months, we have already fallen into a bottleneck period. We need to increase our efforts to develop overseas and seek more users." CEO Jeff Weiner suggested.
However, Zucker shook his head.
The number of users!
In the field of Internet in the United States in the late 1990s, the number of users is the mainstream of the development of this era!
Pull allies, expand shareholders, bank lending
In a word, we should increase the number of users by constantly burning money.
"Boss, as long as we have more users, we can be more favored by the market."
What Geoff Weiner means is to let LinkedIn expand its shares and increase its strong shareholder allies.
"I don't agree!"
"I understand what you said, Jeff," he flatly vetoed. But you have overlooked a major premise! "
"What?" Jeff Weiner frowned.
Zhuke pondered: "don't you think the current Internet market, whether it's founders or investors, is too enthusiastic? There is a saying in the Far East that flowers are like cooking oil with fire
“.......”
Jeff Weiner is also a senior intellectual, but I beg your pardon, he is not a celestial expert.
He doesn't understand!
Full of question marks.
Zhu Keshen said: "today's Internet market is in full swing. In my opinion, it is turbulent. The market's expectation of Internet companies is far higher than the actual situation today. A careless move is likely to trigger a huge financial crisis! "
E-tois toys, an online toy sales website, has an annual turnover of only a few hundred million US dollars, and its profit is even at a loss. However, its market value is as high as nearly 10 billion US dollars.
R-tois toys, which is also engaged in toy sales, is an entity chain enterprise of toy sales. Its annual turnover is as high as US $6 billion, but its market value is only US $4.2 billion, far less than that of e-tois toys.
This is obviously extremely unreasonable!
Are those investment institutions all idiots?!
no
On the contrary, they are all smart!
They don't care what will happen in the future, as long as they can earn a quick sum of money, regardless of the future flood. The people who suffer and bear the loss will always be the common people who are known as "leeks".
"Jeff, this market is so abnormal that I would rather see the development of LinkedIn slow down than see the collapse of LinkedIn under the crisis!"
Zhu Kejian is determined.
"But, boss, the opportunity is so rare now, if..."
Jeff Weiner tried to argue, but he was interrupted by Zucker.
Zhu kechen said: "I don't care how other people expand their shares, how they pull their allies and how they expand overseas rapidly. The first thing we have to do is to make our own basic set and work hard to cultivate the American market, but wait for the right time. Well, it's like Amazon in Bezos. "
"All right." Jeff had to compromise.
Amazon shopping mall in Bezos, in today's Internet, it is a wonderful flower!
Other Internet companies are expanding stocks, pulling allies, burning money, trying to expand the global market strategy. Well, Yahoo is like this;
But Amazon is different!
"Stabilize the basic disk, deeply cultivate the basic disk, and maintain the stable growth of the profit amount in the pursuit of the growth of the number of users."
"An enterprise that can always make profits is more recognized and welcomed by the market than a hundred enterprises that make losses."
——Jeff Bezos.
In 2000, after the Internet crisis broke out in an all-round way, Internet giants such as Microsoft, Yahoo, IBM, Oracle, and so on, all of them suffered great losses, with their market value plummeting and heavy losses.
But only Amazon mall is different!
Although its share price has also dropped from 45 yuan to less than $2, it is one of the few profitable Internet companies after the new quarter's financial statements are published.
Since then, Amazon has soared to become the most expected and recognized Internet enterprise in the market.
It is also because of Bezos's business strategy that Amazon has always maintained the highest single share price!
"Look, Jeff. What's the rush for such a smart guy as Bei baldheaded to vigorously explore the overseas market now? "
Chucker said with a smile: "so it's not that I don't want to pull allies and expand stocks now, but that I'm not in a hurry and don't need to!"
stand firmly and fight steadily!
This time, Zhuke is not in a hurry!
LinkedIn now has an estimated market value of $62 million to $70 million, but it is still unprofitable.
At a loss!
"Therefore, your primary task now is to increase the number of users, so that Lingying can make profits as soon as possible and lay a good foundation." Chuckles.
"OK, boss."
Jeff Weiner now agrees with Zucker. Of course, it's useless for him to disagree.
He's not the boss, he's just an executor!
Not long after, Zucker left.
In the car, Zuker murmured: "it is not yet the right time to pull allies. At least, before the outbreak of the Internet bubble, it must not be done, otherwise it will be done if it fails."
.......
The next day.
Zhuke also inspected SpongeBob house, the first industry he created.
At the same time, Zhuke also looked at the sales of SpongeBob house last month.
At present, in addition to the seven stores opened at the beginning, SpongeBob house has expanded to 19 stores. In addition to downtown Los Angeles, it has also established stores throughout California.
After all, California is the home of Zucker!
Last month, 19 SpongeBob houses reported a total of $23 million;
The profit is 4 million US dollars, excluding all expenses and costs;
Of course, the most gratifying is the online mall!
Since 1996, SpongeBob house has cooperated with Amazon mall to develop online sales services. Thanks to the foresight of Zhuke's walkers, it has won the peripheral copyrights of popular movies. Last month, SpongeBob house reported a revenue of US $17 million and made a profit of US $4.5 million.
The profit ratio of online mall is higher than that of physical store!
"Hashimoto taro, you did a good job!"
After all, he did a good job. Much better than the original James Sean.
"Thank you boss for your praise!"
The little devil, taro Hashimoto, bowed respectfully to Zhu Keshen.
After a chat, taro Hashimoto made an application to Zhuke.
"Boss, a few days ago, I attended an exhibition of peripheral products and toys and met a man named Bryant Ben, who is a very talented person." Mr. Hashimoto said.
"Well, tell me more about it."
Zucker's a little interested.
It's mainly the name of Bryant Ben, which Zhuke always feels familiar with.
"The first watch" is presented. Sorry for being late!