The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 228 Yahoo doesn’t give face, Chen Daojun’s other plans
"The MP3 developed by Seahan was successful. President Moon just called to report on the situation. The current MP3 can hold 30-40 songs, and the sound quality of the songs played at the same time is even better than that of a mini CD. Quite a few. Now ready for mass production!"

Wu Shixian happily reported this good news to Chen Daojun, and at the same time brought up a problem Seahan encountered, "It's just that President Moon thinks that they still need to set up a music website to provide music download channels for MP3 in the future. They are not good at the Internet, boss, what do you think we need to do?"

Hearing that MP3 will be put into mass production soon, Chen Daojun is also very happy.Regarding the construction of this music website, Chen Daojun is also very clear, if this music website does not develop or is not done well, then the many song copyrights he purchased before will be in vain.

"Let Seahan Company outsource the music website project to Nexon Game Entertainment Company. They can make complex computer games. Isn't it easy to make a music website?" Chen Daojun quickly had an idea. His Nexon company can be called The top Internet company in Bangzi Country, why should I look for other companies?

"Okay boss, then I'll contact President Kim later!" Wu Shixian said with a smile, "But Nexon has a lot of ongoing projects, President Jin may have some opinions!"

"It's hard work for those who can! Who made Nexon the number one Internet company in Bangziguo?" Chen Daojun said nonchalantly, "Goldman Sachs is looking for suitable Internet R&D personnel, and it is estimated that there will be one soon. news."

……

"In the past few days, I have paid attention to Amazon in the US stock market. The stock price is still rising. It is unbelievable! The cumulative increase has almost reached 10 times. This Internet project is too profitable, right? Now I understand why you are so anxious, boss I want to build an Internet shopping platform." Wu Shixian thought of Amazon, which he has been paying attention to for the past few days, and completely refreshed his understanding of the Internet shopping platform. This thing is similar to a cash cow!

Regardless of the performance, as long as the number of registered users continues to increase and the platform is profitable, then the shopping platform will be considered a success, and the company's market value will rapidly inflate like a balloon, reaching an astonishing amount!

"So, it would be a pity if we missed this opportunity to make a lot of money." Chen Daojun replied with a smile. Just relying on a shopping website like Amazon can now achieve a market value of billions of dollars, Then when their Internet company is established, and then refer to the operating model of Ali Baba and Jingdong in the previous life, even if they want to reach a scale of hundreds of billions of dollars, it is absolutely possible!

……

George looked at Chen Daojun curiously, "Chen, I heard you were chatting with someone just now. Have you developed a device that can replace the mini CD player?"

"Yes! I bought an electronics company before. One of the projects they were promoting was to develop a compact music player, but I didn't expect it to be completed so soon!" Chen Daojun replied with a smile, Seahan's MP3 development speed is faster than Much faster than the previous life.

"That's really good! You must know that the price of records in the beautiful country is not cheap! As for the mini CD, although it is small, a CD only has 4-5 songs. If you want to listen to different songs, you have to buy a large number of CDs. "George said with some emotion that he wanted to buy MJ's records before, but he bought them from others at a higher price.

"Hahaha! I didn't expect you to like MJ just like my brother!" Chen Daojun was a little surprised. He thought that George, an old SP, would only like female singers. One. But I haven't bought the song copyright of the singer from the beautiful country yet."

"... Tell me earlier! Let me help you get in touch! PolyGram, Universal, Warner, and Warner Records, I have acquaintances!" George raised his eyebrows at Chen Daojun showing off, as a friend with broad Goldman Sachs investor, George's "hunters and dog friends" can be regarded as all over the entertainment circle of the beautiful country.

"It's really yours! You have to introduce me to me in two days!" Chen Daojun patted George on the shoulder and said with a smile.

"no problem!"

-----split line-----

When the two returned to the Goldman Sachs headquarters, Chen Daojun was a little annoyed by a news conveyed by his subordinates.It turned out that Yahoo was invited to discuss cooperation with them before, but in the end Yahoo rejected the proposal.It is said that Yang Zhiyuan, one of the founders, is very unimpressed with investment institutions like Goldman Sachs, and he does not want to dilute their equity again after introducing new investment institutions.

"This Yahoo is really arrogant!" George couldn't help complaining, if there is no capital investment to cheer up Yahoo's stock price, this Internet company with an annual profit of less than 10 US dollars is just a fake, a der!

"Since Yahoo is not willing to invest, let's change the target! Microsoft and Pingguo are also good choices!" Chen Daojun was not angry. Anyway, after the Internet economic bubble burst in 2001, Yahoo's market value would plummet. It will soon be surpassed by a rising star like Google.

And from the perspective of future results, Yahoo's own management team is not very capable. After 2001, even Yang Zhiyuan's frequent management changes failed to reverse Yahoo's decline, and eventually fell completely from the altar.

"That's right, anyway, there is no Yahoo, and there are other companies! By the way, what about the Sun company? Shouldn't it be rejected too?" Seeing that Chen Daojun didn't care, George was no longer angry, but continued to ask his subordinate Sun company Attitude.

"Sun is willing to meet with us! According to the information we have, their current financial situation seems to be not very good." The subordinate said gloatingly.

"Ahem, that's really a bad thing!" Chen Daojun said with a smirk. If Sun was as "tough" as Yahoo, then his investment plan would have to be readjusted. After all, there are two companies with investment value in a row. The company rejected their investment proposal, which was somewhat disrespectful to Goldman Sachs Group!

"Chen, if you don't laugh when you say this, I may believe that you are sympathizing with Sun." George laughed from the sidelines. Difficulties, they have the opportunity to invest in shares!
"Chen, you said before that Pingguo and Microsoft are also good investment targets? But the status of these two companies has been very mediocre in recent years!" As soon as he returned to the office, George An couldn't bear the doubts in his heart and asked.

One of these two companies produces computer equipment, and the other produces computer systems. However, it seems that there have not been many epoch-making products in the past few years, and the company's stock has not changed significantly. What is the basis for Chen Daojun to be optimistic about them?

(End of this chapter)