“As the haze of the bursting of the Nasdaq bubble gradually dissipates from people’s heads, and people look back at the time when the entire capital market was enthusiastic about Internet companies, Time Warner’s acquisition of Quora will definitely be regarded as a sign of the Internet bubble. landmark event.
This sky-high acquisition, which was called the acquisition of the century at the time, put Time Warner in the limelight for a while. Quora was the star product that attracted the most attention in Silicon Valley at the time, and it is still one of the best Internet products in the world today. . After Time Warner acquired Quora, its stock price soared rapidly, with an increase rate of more than 500%.
By comparing the financial reports before and after Time Warner acquired Quora, we can find that in terms of revenue, Quora has quickly become the second largest business under Time Warner Group, second only to the original pillar industry of Time Warner's HBO. From a profit perspective, Quora is Time Warner’s largest source of profit. Therefore, judging from the results, there is no problem with Time Warner’s acquisition of Quora, but there are too many issues worth discussing about the price. Is Quora really worth US$90 billion? From today's point of view, it is obviously not worth it. It has to be cut in half and then cut in half again.
But in the environment at the time, this transaction couldn't be more common sense. A large number of companies that are far inferior to Quora can be sought after by the market with just ".com" in the company name. The market value exceeds 10 billion US dollars, and the Nasdaq bubble After the collapse, these companies either went bankrupt or their stock prices fell to 1% of their original value. Compared with these companies, Time Warner's acquisition of Quora looks like a very good deal.
But in any case, Time Warner's acquisition of Quora left countless talking points for the outside world. After Newman left Quora, he also maintained a superficial respectability and said nothing about Quora. After the Nasdaq bubble burst, the outside world has been making noises. He said that he wanted to bring Newman back to take charge of Quora, but Newman never responded directly to this, as if Quora had nothing to do with him.
Quora is a die-hard supporter. From the beginning, they opposed Time Warner's acquisition of Quora, and then they became accustomed to it, and then no one mentioned Newman and Quora anymore. This change happened because Newman kept a low profile and remained silent about this matter. This is why the collaboration between Newman and Quora after many years can stir up such a big stir on the Internet, because in a sense it takes us back to the era of the Internet entrepreneurship boom.
This cooperation is a win-win for both parties. For Mphone users, being able to browse Quora on Mphone is undoubtedly a huge benefit. Mphone will have more places to attract new users. For Quora, they can Trying more possibilities and entering the mobile phone market may help them reverse the current trend of Quora's declining appeal to users."
The cooperation with Quora was the result of Zhou Xin's first-hand planning, because the developer conference itself had no hot spots. Cloud services are something that today, the outside world doesn’t even know what’s going on, let alone discuss it. Wouldn’t the outside world think that this is a more automated IDC hosting? Not to mention that this is a new company and a new cloud launched by Zhou Xin. Even if the cloud service is launched by Microsoft, it will not cause any splash at the beginning.
As for other applications that can be logged into the Mphone, purchased and downloaded through a computer, and updated via synchronization to the mobile phone, none of these can bring explosive points.
Zhou Xin needs a way to let Mphone users know immediately that Mphone's store function will be online. Users need to be allowed to use this function, instead of waiting for users to adapt to the new function after it is launched.
Under this premise, cooperation with Quora is the fastest way to achieve the goal. If you do a user portrait of the Mphone user group, you will find that more than 70% are senior Internet users. For them, the combination of Quora and Newman is naturally topical and attractive.
The renewed cooperation between Newman and Quora is also big news for the media. They will let most people know about it and will publicize the significance of this event in endless articles. In what way Quora and Newman collaborated again? of. Together with this, we will introduce the Mphone Developer Conference and the Mphone App Store.
After receiving this news, many Mphone users would even stay in front of their computers, waiting for the Mphone app store to open for download.
In the past six months, Mphone has been receiving rave reviews since its launch, and users who have used it deeply think it is an excellent product.
Not long ago, Amerikan's most authoritative consumer product evaluation magazine "Consumer Reports" launched an evaluation of Mphone. In the evaluation, it said that Mphone is the best mobile phone to date.
If you take away the price factor, then Mphone is the best mobile phone.
"Consumer Reports" has a strong influence on Amerikan. "Consumer Reports" has been published since the Great Depression and has a history of 80 years. This is the first time that they have such a high evaluation of a mobile phone. .
Consumer Reports is not the only traditional media to have such high praise. As time goes by, the outside world gradually realizes the advantages of Mphone. It is definitely not just as simple as moving Internet applications to mobile phones. It has brought A new way of interacting and a new concept.
The Mphone App Store further promotes the intelligence of Mphone.
After the Mphone App Store was launched in mid-July, more than 50% of Mphone users updated their mobile applications within a week.
In the Mphone App Store download rankings, Quora firmly occupies the top position, firmly pushing down a number of applications such as Apple Music Store, "Prince of Persia", and "FIFA".
It seems that once Quora comes out, other applications can only compete for the second position.
Judging from background observations, in just one month after the developer conference in July, more than 50 small and medium-sized enterprises registered as Mphone developers.
The construction of the overall application ecosystem has already begun. For Zhou Xin and Matrix, they only need to wait for the maturity of network, storage, screen and other technologies, and then personally start the mobile Internet era.
When Silicon Valley was abuzz with the renewed cooperation between Newman and Quora, Hu Zhengming had already completed the handover procedures and boarded a flight from San Francisco to Zhangjiang.
"Professor, please feel free to communicate with me if you need anything. I expect to return to China at the end of this year to attend the Chinese Internet Conference.
I wish you all the best after going to Zhangjiang. "
After Zhou Xin put Hu Zhengming on the plane, he was thinking about having a chat with Zhang Zhongmou the next time he came to San Francisco.
Relying on Hua Hong Semiconductor alone, the efficiency of many technical verifications is obviously not high. Although Xinxin Technology will have a head-to-head confrontation with TSMC sooner or later, this does not affect the current situation of picking up TSMC's wool first.
"Laoguan, long time no see." Over at Shenhai, Guan Jianying came to pick him up at Pudong International Airport. Hu Zhengming greeted Guan Jianying after getting off the plane and shook hands.
Guan Jianying said: "Yes, I haven't been back to Silicon Valley for more than a year. There are too many things here, and everything has not been on track.
Now, Chenming, you have to come and clear this mess with me bit by bit. "
Hu Zhengming asked: "Laoguan, tell me briefly about the situation. Newman fooled me here. He will definitely only pick good places to talk about. I have already come over. If we want to do this together, we still need to face the difficulties head-on." Courageous.
So let’s be direct and talk about the problem directly. "
(End of chapter)
