#1080 Clean up Yahoo
During the two days that Li Mu went to Los Angeles, several venture capitalists headed by Sequoia couldn't hold back.
He had been amazed by the constantly rising data of Muye Technology, but as soon as he turned his head, Li Mu ran to Hollywood again, and casually attended a charity dinner for a famous director, and he immediately became the focus of attention of the entire United States.
Li Mu has become the focus of society, and the number of users of YY and "Paradise Town" will continue to soar, and the increase in the number of users will inevitably drive the flow of the entire platform to improve.
For the current Muye Technology, the number of users and the flow of water are the keys to affecting the valuation.
If Muye Technology can wash all the netizens around the world and let them all become YY users, then Muye Technology may even become the most valuable Internet company in the world.
The most important reason why the industry has given such high estimates to Muye Technology and YY is that YY's user stickiness is too high, and the proportion of users paying is terrifyingly high.
Such products are almost invincible in this era. Even if other products can achieve the user scale of YY, they will definitely not be able to achieve the payment flow of YY. MSN and ICQ have never touched on value-added services. Out of the way, in the stage of the most prosperous user scale, the overall turnover of such a product does not reach 1% of YY's current overall turnover. There are simply too many ways for Li Mu to make money, and he wins because YY users are willing to add value to his complicated payment. Pay for the service.
YY is now spreading around the world at a staggering rate. Many Internet companies and analysts believe that YY is most likely to become the first super software to cover global netizens. In this way, it is very likely Standing on the position of the world's No. 1 Internet company, for such a company, venture capital has completely lost its previous arrogance, and all they can think about is one thing, to win the investment in Makino Technology as soon as possible.
The C round is definitely the last round of financing for Muye Technology. In the next step, Li Mu will definitely send it to Nasdaq, so now is the last chance for VCs to get on the car.
The executives of Sequoia have been hesitant about the final offer. The valuation of $22 billion has long since become a thing of the past. When Li Mu conquered the American audience at Harvard, the valuation of Muye Technology was equal to a few consecutive pulls. A daily limit, this kind of extremely important good news, some companies will never encounter it once in a lifetime.
Just before Sequoia executives were about to make an offer of $30 billion, it happened to be the time when Li Mu had just left Hollywood and returned to Silicon Valley. Anne Hathaway, who was in Hollywood, accepted the Hollywood Reporter, an authoritative Hollywood magazine, and the Hollywood Reporter. A joint interview with a TV station.
In this exclusive interview, most of the questions the media asked Anne Hathaway were about Li Mu.
no way,
The American people are particularly concerned about the emotional issues of this little American princess. Everyone is looking forward to the moment when her relationship with Li Mu is confirmed. Although Li Mu's Muye Technology represents a victory in China's Internet industry in the United States, it is not for the American people. It is said that if Li Mu can fall in love with an American girl, it is also a victory for the American people to a certain extent.
Media reporters asked Anne Hathaway a lot of questions related to Li Mu, such as how she and Li Mu knew each other, what was her impression of Li Mu, how the relationship between the two was and how the two would develop in the future.
Anne Hathaway did not dare to talk nonsense to the media, so she answered every question very cautiously. For example, she and Li Mu had only just met, and they were not familiar with her. As for her impression of Li Mu, she used worship more. This word completely described Li Mu as his biggest idol.
Seeing Anne Hathaway clarifying her relationship with Li Mu, a reporter from The Hollywood Reporter couldn't help but ask her, "Don't you have any plans to develop further with Li Mu?"
Anne Hathaway didn't know how to answer this sharp question for a while, and after thinking about it, she could only say: "I have no plans for this, and we are just ordinary friends who have met twice. Anyway, I'm more inclined to go with the flow."
The reporter asked her, "We've only met twice, so have you exchanged contact information?"
"Of course." Anne Hathaway said: "We added each other's YY friends."
Anne Hathaway confusedly made a media oral broadcast for YY, which raised the popularity of YY a lot again.
After some of Anne Hathaway's interviews were aired on television, it was like the straw that broke the camel's back, and Sequoia's board could no longer sit still.
The exposure of YY in the entire Western society is simply continuous and ubiquitous. In this case, it is impossible to wait for the topic of YY in the Western world to cool down. In this case, the longer you wait, the assessment of Muye Technology the higher the value.
The day after Li Mu returned to Silicon Valley, Ding Zhenglin told him that Sequoia adjusted its offer again. This time, Sequoia Capital gave Muye Technology a valuation of $30 billion.
$30 billion!
As long as Li Mu nodded, three billion dollars in cash would be credited immediately. This amount of money was of great significance to Li Mu's future world Internet strategy.
Li Mu was almost ready to agree, but suddenly thought of something that he ignored.
The Yahoo reporter scolded himself at the Harvard press conference, and his promise to develop an English-language portal and vigorously develop a YY mailbox has not been fulfilled.
So Li Mu immediately made two decisions.
First, immediately pay a lot of money to dig up content teams in English portals such as Yahoo, which is a real big money, and directly give more than five times the treatment to ensure that a strong English content operation team can be quickly won. As long as the content team arrives, they can directly open one on YY. The English version can meet the needs of the English portal, and the launch is just around the corner;
Second, immediately shut down YY Mail's support for sending and receiving on behalf of Yahoo Mail;
The first one takes time to execute step by step, but the second one is too crisp.
Li Mu will use tough means to force mailbox users to stand in line.
YY's mailbox function is indeed very powerful, and it is irreplaceable for business people. YY's email reminder function is extremely convenient, not to mention that it has embedded a whole set of Fail-like sending and receiving functions, as well as YY's exclusive online service. Preview function, in this case, even if YY users do not register YY mailbox, they will definitely use YY mailbox to send and receive other mailboxes. Use Yahoo Mail on YY and use the full suite of YY Mail features.
However, when YY stopped supporting Yahoo Mail for sending and receiving on behalf of Yahoo Mail, YY users of Yahoo Mail could no longer use YY's own mailbox-related functions to support their own Yahoo Mail.
This trick is the bottom line that Li Mu played for Yahoo. YY users who use Yahoo Mail, if they want to continue to use YY's strong support for the mailbox function, must replace Yahoo Mail and choose any other mailbox except Yahoo.
As a result, Muye Technology announced: "Because of a technical problem with the internal interface of YY mailbox, it is currently unable to support the sending and receiving support for Yahoo mailboxes, please all users know!"
Muye Technology did not say that it was deliberately blocking the support for sending and receiving on behalf of Yahoo Mail, but adopted the rhetoric of "technical problems", which is mainly to occupy a reason first. I did not intend to stop support for Yahoo Mail. It just had to be stopped because of technical issues, and I have absolutely no idea when it will resume, maybe tomorrow, maybe not next year.
Such rhetoric is basically impeccable, because in this way, even if the whole world knows that Muye Technology is intentional, no one can accuse Muye Technology of anything wrong.
The mailbox sending and receiving function is a free additional function of YY mailbox. Muye Technology itself is not obliged to provide 100% support for the sending and receiving function. Totally reasonable and legal.
As soon as the announcement of Muye Technology was launched, Yahoo immediately realized the huge influence of Muye Technology.
At present, about 40% of the mailbox users of Yahoo Mail have used the sending and receiving function of YY Mail to facilitate all their operational requirements for Yahoo Mail within YY's software environment. Now YY stops supporting Yahoo Mail, and these 40% The user was instantly stunned.
Yahoo's stock price fell 7% because of this incident, which shows the proportion of email services in the entire Yahoo system.
YY is Li Mu's closed ecological product. He let YY mailbox support sending and receiving on behalf of other mailboxes, which is just equivalent to opening a little gap in YY's closed ecology, but for Yahoo mailbox users, they are for the super experience of YY mailbox. , had to give up Yahoo Mail immediately, register other mailboxes instead, and gradually transition to other mailboxes.
In the face of such a super high viscosity product as YY, those users who have to choose one or the other, almost all choose YY, so the loss of Yahoo Mail users is huge!
A large number of Yahoo mailbox users began to migrate their mailboxes to other platforms, and this was just the beginning of Li Mu's anger against Yahoo. Not only mailboxes, everyone was still waiting for Li Mu to fulfill all his promises, that is, the bigger baby of Yahoo! Sub-Portal.
Muye Technology subsequently released an open recruitment letter for the content personnel of high-paying recruitment websites in the United States. Although it did not clearly state the purpose of the content personnel of Muye Technology’s recruitment website, everyone knew that Li Mu really wanted to make an English version of YY.com. Once YY 's English version is online, with YY's pop-up window, Li Mu can almost monopolize traffic resources.
Li Mu's approach made the entire US online applaud, because everyone had seen the scene of the Yahoo reporter attacking Li Mu, and they all felt that the Yahoo reporter was too arrogant. Now Li Mu is suddenly angry and fights back, which is in line with the United States. People's values, they are just looking forward to YY being able to bring some greater impact to Yahoo, so that Yahoo can know the price of arrogance and arrogance.
As a result, online public opinion scolded Yahoo, saying that Yahoo was self-inflicted this time, and it really responded to what Li Mu said at the press conference: "It is impossible for Yahoo to affect Muye Technology at all. On the contrary, Muye There are many ways in which technology can affect Yahoo!"