Comparing Internet companies in China and the United States, Baidu versus Google, Tencent versus "must die", Alibaba versus Amazon, let alone Baidu and Google, the two are not at the same level.

But Tencent and "Must Die", Alibaba and Amazon have an amazing understanding of market value. Even when Alibaba first went public, its market value was higher than Amazon.

Today, just a few years later, Amazon has become the second company after Apple to have a market value of over one trillion US dollars.

Although it quickly fell below the trillion-dollar market capitalization threshold, Amazon’s market capitalization once exceeded one trillion U.S. dollars, and its current market capitalization can buy more than two Alibaba companies.

Moreover, Amazon has the highest price-to-earnings ratio, and Apple’s price-to-earnings ratio is 7. This is not bad, after all, Apple can be regarded as a hardware company.

The P/E ratios of other Internet companies such as Google, Microsoft, faebk, Tencent, and Alibaba are also between 3o and 5o.

Amazon's price-to-earnings ratio is as high as 200 times, which best represents that the market is more optimistic about Amazon's future, just like Bezos "focuses on long-term value" in his annual letter to shareholders!

And many analysts also believe that although Amazon lost the race to be the first to break through the trillion-dollar market capitalization, the winner of hitting the $2 trillion market capitalization is likely to be Amazon.

Why are Alibaba and Amazon, both e-commerce giants, so far apart in just a few years? That is Amazon's cloud computing as,

Although the concept of "cloud" has existed for a long time, Amazon was the first to provide IT infrastructure services to enterprises, and Amazon started doing so as early as 2006, and is already the world's largest cloud computing basic service provider.

And you will find that these four high-tech companies that have exceeded one trillion US dollars or are about to exceed one trillion US dollars all have one of the most basic and lowest-level services. Apple is based on is, Amazon is based on as, Google is based on andrid, and Microsoft is based on inds.

Of course, there is another possibility that Lao Luo acquired "Apple" in advance!

What is more awesome than "ecology" is the most basic "natural" things such as "soil", "water" and "sunshine". Only if you are given a piece of land can you plant grass and raise flowers... Only then can you form an "ecology"

possible,

This is why Li Feng attaches so much importance to Renren. Li Feng just wants to use Renren to evolve into the most basic Internet service provider.

The reason why Li Feng pays attention to Xunlei is because Xunlei can be somewhat close to the "cloud". Although it is far from the future "cloud computing", it can also go from the most basic download to "cloud storage" and then

To "cloud computing" or something...

The future of Fengrui is: "Using artificial intelligence to process big data in the cloud", "cloud", "artificial intelligence" and "big data" are the future of Fengrui.

Of course, that is all for the future. The most important thing now is to complete the acquisition of Xunlei!

"What is a cloud?" the two asked in confusion.

Li Feng said calmly: "The cloud is the network, the network is the computer, and this computer is tens of thousands of servers, a component-level brain connected through the Internet.

Unify a series of resources such as hardware, software, and network to realize data calculation, storage, processing and sharing..."

Not to mention Zhou Shenglong and Chen Hao, even Liu Zhiping thought Li Feng was a bit whimsical!

Seeing everyone's attitude, Li Feng understood it very well. Not to mention now in 2003, in 2009, when Alibaba first started doing cloud computing, he also suffered cynicism from the outside world:

Li Yanhong, an engineer at Lianbaidu, said, "Cloud computing is old wine in new bottles." Tencent product manager Ma Huateng said, "The concept is too advanced and we have to wait a thousand years."

Therefore, in the end, "Alibaba Cloud" became China's largest cloud computing service provider, but it is still far behind Amazon on a global scale.

Li Feng knew that "cloud computing" represented the future, so he took everyone's attitude to heart and said: "Don't underestimate yourself, and don't be too conceited. You must learn to look at the development of things from a long-term perspective, just like the current Internet."

Same, no one knows how it will develop.

You have to do it yourself to know whether you can succeed. I have full confidence in cloud computing. Just like electricity, it is the underlying facility of industrial society. Cloud computing will replace traditional IT equipment and become the underlying facility of the Internet world.

.

Then are you two willing to give it a try? Build the largest cloud computing management service provider!"

Both Zhou Shenglong and Zhou Shenglong are technology madmen, especially Zhou Shenglong's father is the famous "King Ming". Regardless of whether "cloud computing" is real or not, the two of them want to try it themselves.

Moreover, the two of them are not pedantic people. They know that Li Feng has a strong desire to acquire Xunlei, and "his arms cannot twist his thighs."

So, the two men directly changed their words to Li Feng: "Boss, you really let us be responsible for this 'cloud computing'."

Li Feng also understood what they meant and said happily: "Welcome to join Fengrui. You will feel that this is the most correct decision in the future.

Of course, we still have to complete Xunlei first. When Renren opens, it will be the time when we launch Fengrui Cloud.

And I think the two of you are more suitable for technology, not for being a corporate decision-maker."

This is not just something Li Feng said casually. Not every technical geek can become a leader like Ma Huateng, Li Yanhong, or Rebus.

In the previous life, Xunlei had such a good advantage. In 2007, the number of users was second only to QQ. It can be said to be second only to QQ as the "standard computer equipment".

Even Ma Huateng couldn't sit still at that time. In order to resist the impact of Thunder, Tencent launched QQ Tornado.

But in the end, Xunlei can defeat its opponents, but it cannot defeat this era!

Xunlei failed to keep up with the times, hesitated in front of the storm, and finally lost the opportunity for transformation, missing at least three excellent opportunities!

The first is the browser. I did not clearly understand the strategic and commercial interests of the browser. By the time I did, 36o had already come out.

The second is the video website. Xunlei itself is in the download business, and it clearly sensed the trend of video consumption from downloading to streaming media. Later, it also launched Xunlei Kankan, but it did not make a big effort to follow up, it just followed up.

Third, the biggest opportunity and the most unfortunate opportunity is the mobile app store, because Xunlei should be an app store on mobile phones by nature.

Unfortunately, it’s not that Xunlei didn’t do these things, it’s that they didn’t invest heavily in doing them and didn’t persist in doing them. The root cause is that they didn’t think clearly and didn’t see clearly.

The bottom line is that he doesn’t have Li Feng’s strategic vision. Why doesn’t Li Feng just play games and insist on entering the social field? It’s because Li Feng knows that the future is social.

Therefore, when the "Renren" project is launched, Li Feng will focus on all Fengrui's resources to promote the progress of Renren. When encountering difficulties, he will face them even if he changes people.

To achieve this, we must "strategy first", because "the strategy cannot be clearly seen, and it is absolutely impossible to surprise you tactically". Whether you pay attention to the strategy determines whether you will a11in your advantageous resources, and Li

Feng is also a11inrenren.com.

WeChat is the greatest top-notch app in China’s mobile Internet. Many people think that HatApp is better than Ehat. This is bullshit. It’s just because of the large number of people.

All of Faebk's apps, including Instagram, HatApp, and Faebkessenger, are not as valuable as Ehat. Just look at the market values ​​of Faebk and Tencent.

It can even be said that adding up all the apps in the instant messaging field such as hatsapp, 1ine, and kakata1k around the world, none of them is worth anything.

WeChat is a great product, yes!

Zhang Xiaolong is a great product, that’s right!

But the success of WeChat is due to Zhang Xiaolong. This is a big mistake!

The rise of WeChat is at least 0% due to Ma Huateng.

WeChat, this is not a surprise to Ma Huateng at all. Ma Huateng even picked up the name in advance because this matter is so important to Tencent, and several teams are working on it at the same time.

Zhang Xiaolong is just the winner who has been saved after the brutal competition within Tencent. It is also the result of the internal competition within Tencent. This is the "grayscale law" within Tencent.

If Zhang Xiaolong doesn't do it, then Bruce Lee or Wang Xiaolong. In short, someone must do it for Ma Huateng.

Without in-depth thinking and strategic vision, it is impossible to have an a11in mentality. There are no "surprises" in business, and there are no "quick moves". Everything is based on logic, your strategy, and how much investment is behind the strategy.

And this is Li Feng’s biggest advantage! The most long-term strategic vision, and even a gambler’s mentality!

After successfully completing the acquisition of Xunlei, Fengrui successfully acquired Focus Media, but this time it was a shareholding, not an acquisition, and the shareholding ratio was also very small.

In fact, Li Feng’s targets for this acquisition were Haofang, Xunlei and Qianqianjingting. Originally, Li Feng had no intention of investing in Focus, and he didn’t even think of Focus.

But one day, when Li Feng and Liu Zhiping were taking the elevator upstairs together, and Liu Zhiping was reporting work to Li Feng, Li Feng suddenly remembered it.

At that time, Liu Zhiping said to Li Feng: "Boss, according to your plan, Qianqianjingting and Xunlei have been won, and the contracts have been signed.

Now we are left with Haofang, and Haofang is also talking about it, but the founder of Haofang has never given us a positive reply."

Li Feng asked: "What's the reason? Do you know? Is it about money? As long as it's no more than 3,000,000 US dollars, you can talk about the rest. This is related to the launch of our YY and cannot be ignored."

Liu Zhiping said: "I don't know why. Last time I proposed 25 million US dollars, and Haofang's founder Li Lijun basically agreed. But after two days, he suddenly became unwilling. I don't know what happened."

, said let’s continue talking!”

Li Feng thought about it and said: "It's just the end of the month and it's still early in February. Let's not panic. You can find out the reason first and then continue talking. As long as it doesn't delay the final promotion."

At this moment, a real estate opening advertisement suddenly appeared on an LCD screen in the elevator.

"The hot spring elevator bungalow is exclusive to the upper class life - Nanhua Kangcheng Phase II stands above the bustling city, in the center of the city - Jindu Washington, with an average price of 7,000 yuan/square meter."

At first, Li Feng didn't react at all, he just muttered to himself: "The house is so cheap now, and I won't be able to spend more time with you in the future!"

Liu Zhiping thought Li Feng was talking to him and didn't hear him clearly, so he asked: "Boss, what did you say?"

Just when Li Feng wanted to say "It's okay" and looked at "Advertising Planning, Focus Media" on the LCD screen, Li Feng suddenly remembered that Focus Media should have just been established now.

Now the investment point Focus not only has a fund to report, but also has an offline promotion channel, which is also conducive to the offline promotion of Fengrui.

Moreover, Focus’s target group is still high-end users such as urban white-collar workers. At present, Renren’s online promotion is basically saturated, and it has not been promoted offline, whether it is the promotion of Renren, “Happy Farm”, or yy’s promotion

, couldn’t be more appropriate.

Therefore, Li Feng said to LCD and Liu Zhiping: "Give me more investment in this, Focus Media! We don't require a controlling stake in this, but the more shares, the better."

Liu Zhiping asked: "Is this promising?"

Li Feng said: "This is a great prospect. Didn't you notice that when we came in, we couldn't do anything except chat in the elevator? We couldn't talk on the phone or move around.

And as long as you open your eyes and watch his advertisements, you have to look at them. When a person is in a time and space that is more boring than advertisements, is it okay to look at advertisements?"

Liu Zhiping suddenly realized and said: "Boss, you are absolutely right, and if it can cover the entire commercial office building, it will be equivalent to sweeping away the entire white-collar group in China."

Li Feng said: "Yes, that's what I mean. You can go to Magic City later to talk about Focus's shareholding, and then check out the Haofang acquisition."

Then, Li Feng said: "Jiang Nanchun is a handsome man. Not only did he create the business model of building TV, but he also has strong connections and execution capabilities in the advertising industry.

Focus's success lies not only in proposing a new concept, but also in quickly gaining market recognition for this model, and in quickly turning the concept into a profitable model. He has this ability.

Therefore, it is impossible to acquire Focus, and there is no need for us to acquire Focus. Our future advertising business will be on Renren. This time it is just a financial investment. Let us learn how to advertise in advance."
To be continued...