Reborn since 1993

Chapter 511 Boil the Frog in Warm Water

As the female head of Feiyan Technology, Yao Luoying led Feiyan Technology to complete its listing. Not to mention inland areas, ports, Japan, Singapore and other places, even in America, she is at the ceiling level for female professional managers.

Moreover, Yao Luoying has read some of Li Dongling's plans for the future of Feiyan Technology and Himalaya. In the next few years, Feiyan Technology and Himalaya website will definitely continue to transform, which will consume more energy and they may not even have time to take care of other things.

Everyone’s choices in life are different, and different choices will lead to different outcomes.

Yao Luoying is not the type of professional maniac. She doesn't want to spend all her energy and time on this.

In addition, Yao Luoying knows her own limitations. In the future, Feiyan Technology and Himalaya Radio will both expand rapidly. She is not capable of managing Feiyan Technology now, not to mention the further expansion of Feiyan Technology. Instead, retiring at the height of her career may be the best option!

"As you wish, Queen of the Internet!"

Li Dongling smiled and pinched Yao Luoying's nose. When Yao Luoying heard this title, she felt a little amused and gave Li Dongling a blank look.

The Queen of the Internet is the new title given to Yao Luoying by "Barron's". Looking around Silicon Valley, there is no trace of a female leader at all, so Yao Luoying stands out.

This crown of the Internet Queen belonged to Morgan analyst Mary Meeker, Google's Sheryl Sandberg and others in the previous life, but now it is worn on Yao Luoying's head, and she is also crowned the first generation Internet Queen by the media!

After all, Himalaya Radio is now a leader in the Internet industry, and Feiyan Technology was listed as an Internet company. It has both an identity and performance. So why can't Yao Luoying wear the crown of the Queen of the Internet?
Yao Luoying was washing in the bathroom of the villa, while Li Dongling took out several documents of Feiyan Technology and started reading them. This time he came to America, he mainly did three things. The first thing was to find supporters for Feiyan Technology and then take it public!

This task has been completed by about 70%. Next, as long as Feiyan Technology itself does not encounter any major changes, with the support of Sequoia Capital and Citi, listing on NASDAQ is a foregone conclusion.

In this round of financing, Feiyan Technology gave up a total of 28% of its equity to Citi, Sequoia Capital, Netscape, and Yahoo!, and Dongling Hi-Tech still directly holds 40% of Feiyan Technology's equity!

However, part of this 40% stake will be publicly issued, another part will be handed over to Cyberport, and another part will be given to domestic companies such as Hanxi Guotou. Finally, after the listing, Dongling Hi-Tech's stake in Feiyan Technology is estimated to be around 22%.

It seems that Feiyan Technology's equity is somewhat dispersed, but after listing, Dongling Hi-Tech is still the largest shareholder of Feiyan Technology.

In addition, Yao Luoying, Ren Yuefeng and other senior executives of Dongling Hi-Tech who hold shares in Feiyan Technology, including Cyberport, have also handed over their voting rights to Dongling Hi-Tech, so there is no need to worry about power falling into other people's hands.

For the transferred equity, Feiyan Technology has basically established an interest alliance in America. In the future, Sequoia Capital, Citi, Yahoo, Netscape, etc. will all stand on the side of Feiyan Technology. When someone targets Feiyan Technology, they will definitely cheer.

Short-selling institutions like Muddy Waters, which want to short Feiyan Technology, should first consider whether their teeth are in good condition. Otherwise, it is very likely that they will not get a bite of meat, but instead their teeth will be broken!

Furthermore, the equity of Feiyan Technology is dispersed among Dongling Hi-Tech, Cyberport, and Zhixing Foundation, which makes it easier to cash out. It doesn’t need to be so conspicuous, lest the leeks run away as soon as Dongling Hi-Tech starts to cash out. Instead, it is not easy to scare away the leeks by cashing out through companies such as Cyberport.

However, Feiyan Technology is not completely safe. There are many challengers in both hardware and software. Feiyan Technology is now being studied under the microscope by many companies. If it stands still, Feiyan Technology will be replaced sooner or later.

Next, Feiyan Technology's hardware business and mini radio business will have to continue to be maintained. The size of this thing will become smaller and smaller, but the function will become more and more powerful. Although it is a sunset industry, there is no problem in continuing it for more than ten or twenty years.

While maintaining the market share of mini radios and multi-functional emergency radios, we must also launch automotive-grade radios, audio equipment, etc. as soon as possible to enter the huge market for automotive audio equipment. The global automotive industry will basically maintain its explosive growth for the next 20 to 30 years. As long as we can gain a firm foothold in this industry, it will not be a problem to reap the benefits for a decade or more.

In terms of hardware, Feiyan Technology's future plan is to focus on two major businesses: mini radios and car audio equipment. In terms of software, it will focus on Internet radio and future music platforms!

As long as the hardware and software businesses are successful, Feiyan Technology will basically be formed, and there will not be too many changes in the future. As long as it can reap the dividends from the automotive industry and the Internet music platform, Feiyan Technology will not have a bad time.

In the future, reaping profits on Nasdaq for a decade or so, no, it should not be a problem to create profits for investors for ten or twenty years!

Putting down the documents in his hand, Li Dongling rubbed his cheek. After arriving in America, Li Dongling was actually on edge, but now he could finally relax a little.

Apart from the Feiyan Technology matter, the other two matters are also in progress and have shown some signs of progress. After Li Dongling finishes dealing with these matters and attends the Yahoo IPO at the end of the month, he will return to China at the beginning of next month.

It has been several months since Li Dongling came out. There is still a lot of things in the country waiting for Li Dongling to deal with. Moreover, it is not only the internal affairs of Dongling Hi-Tech, but also many matters of companies such as Torch Group, which also need Li Dongling's approval!

In addition to Feiyan Technology, the second thing to do in America is to recruit a leader for the chip production base of Dongxin Semiconductor that is about to be built.

The third thing is also related to Doxin Semiconductor. The MIPS architecture chip developed by Doxin Semiconductor requires the support of the Microsoft system. Li Dongling hopes that Microsoft and Doxin Semiconductor's chips can also establish an alliance relationship!

Only in this way can computers equipped with Donxin semiconductor chips avoid being confined to the domestic market and enter overseas markets. Only when enough people use computers equipped with Donxin chips can this chip survive!

In the past, after the first domestically produced computer chip, Loongson, was developed, it was a "backup" for a long time. In other words, any domestic company or project that needed the chip would not choose to use Loongson unless they had no other choice.

A big part of the reason for this is that the Microsoft system is not compatible with the Dragon chip, which means that various software do not support this chip.

Until the emergence of domestic operating systems, no matter whether domestic computer operating systems are easy to use or not, at least they are available, and the days of this chip can be better. Li Dongling also knows that if he really hopes to survive by relying on Microsoft and other companies, given the habit of backstabbing by American companies, he will definitely turn against them at any time.

But in the short term, Doxin Semiconductor needs Microsoft's support. Only after it survives can it make plans. As long as Doxin Semiconductor can gain a foothold in the chip and computer industries, it can secretly cooperate with Kingsoft to develop its own operating system.

If Microsoft ever falls out with Doxin Semiconductor, Dongling Hi-Tech will simply launch its own operating system to compete with it, but that will probably happen in more than a decade.

But we must always be on guard against others, and it's never wrong to make plans early, just like HiSilicon, which was supported by the Chrysanthemum Factory. After several years, it finally turned the tables and became the main wife!
Of course, what Li Dongling needs to consider now is how to win the support of Microsoft. It may cost a lot to expect Microsoft to develop an operating system that supports the Dongxin semiconductor chip version!

……

On a business jet flying to New York, Li Dongling, Yao Luoying, Zhou Hualiang, Larson and others were in the cabin.

This business jet was chartered and leased by Zhou Hualiang. Several stewardesses on the crew were flying around in the cabin like butterflies through flowers. For the client who leased the plane this time, several stewardesses wanted to show their charm.

Users who can charter a plane are generally not cheap, especially this time, the crew heard that there is a big financial sponsor among the clients.

For several tall and good-looking flight attendants, they naturally do not want to miss the opportunity to meet the big money sponsor.

The cabin crew of American Airlines are completely different from those of other airlines around the world. There are many middle-aged women working there, and there are even flight attendants who have been on the crew for thirty or forty years.

Sometimes on American Airlines planes, you see middle-aged aunts and uncles as staff. They may not be retired, but newly recruited flight attendants and stewardesses. Many of them are from police stations, firefighters, nurses and even teachers, and are recruited into the airline after retirement or unemployment.

As for why this is so, it is of course because it is for the sake of cheapness. America is a nation of airplanes, and a large proportion of airplane travel occurs. Moreover, when most Americans fly, they mainly sit in economy class, and not everyone can afford to sit in first class.

For American Airlines, what it wants to do is to reduce costs as much as possible, especially for flights that mainly have economy class seats. What they actually make money from is passenger traffic. The more people they can cram into the cabin, the better, and the lower the salary for the crew, the better.

So, is it more expensive to hire a retired or unemployed middle-aged employee, or to hire a young flight attendant in her twenties who is good-looking and tall? Which of the two jobs is more stable? Without a doubt, it must be the first one who is willing to work like a slave for the airline company for the sake of her family and children...

Many young and beautiful stewardesses choose to join the crews of business jets. These business jets are mainly served by large customers who are wealthy and willing to pay for the services of these young stewardesses. After all, people who spend a lot of money to buy a flight probably don't want to see a middle-aged stewardess serving them.

For young flight attendants on business jets, it would be the best if they could get to know a big money sponsor, become his or her boyfriend, or even marry into a wealthy family. Even if they can't marry into a wealthy family, they would be willing to date for a while and get a large sum of breakup fee.

Larson was pretending to read a magazine. When he saw a stewardess wearing a shorter uniform than the average stewardess, she walked past him again. He couldn't help but say, "Fuck, sooner or later, I will buy a private jet and let these girls join the crew as stewardesses!"

"Li, do you need me to operate your private jet?!"

Larson put down the magazine in his hand and asked Li Dongling, who was whispering with Zhou Hualiang, and gave Li Dongling a look that every man could understand.

Li Dongling is planning to book a private jet this time, which will make traveling more convenient in the future. Not only Li Dongling, but also the senior executives of Dongling Hi-Tech sometimes need to use it when they need to travel urgently.

Hearing Larson's words, Li Dongling glanced at Yao Luoying beside him. He naturally knew what Larson was planning. It was nothing more than putting some "efforts" on the stewardess of the private jet crew. Yao Luoying didn't seem to pay attention to this side, but Li Dongling saw that Yao Luoying's ears were obviously perked up.

Buying a private jet is expensive, but what is even more expensive are the storage costs, repairs, maintenance, insurance, fuel, crew salaries, etc. after the purchase. These logistical costs are equivalent to buying a new aircraft in a few years.

But this money has to be paid. If you don't hire a complete set of professional crew members to serve this private jet, do you have to fly the plane yourself? Comparing your hobby with other people's jobs, you are still betting your own life!
In addition, repairs and maintenance must be checked every time you go out. None of these steps can be missed, otherwise you would be playing with your life.

After spending such a large sum of money, it would be a waste if you don’t hire a few “qualified” flight attendants to serve on your private jet.

"Li, if you need me, I can take care of it. The founders and presidents of large companies in America all register their cars under the name of the company!" Larson said to Li Dongling out of "good intentions".

Feiyan Technology has just received a huge amount of financing. Although, according to the agreement, this money is to be used for Feiyan Technology, the major shareholder cannot withdraw the money and squander it.

However, if one really wants to use tricks to take away this huge sum of money, there are plenty of ways to do it, for example, Feiyan Technology can buy private jets, villas, etc., and then sell them to Li Dongling at the original price.

After that, it was a bold move. After Li Dongling bought the private jet, he rented it to Feiyan Technology. All subsequent expenses were borne by Feiyan Technology, and Li Dongling had the right to use these private jets, villas, yachts, etc.

In the past, so many founders of Internet companies in Silicon Valley began to spend lavishly after receiving large investments from venture capital companies. Logically, there were of course requirements for the use of those investments, but the money was still cashed out through various outrageous operations.

In fact, Larson's words were also a hint to Li Dongling that if Li Dongling needed it, he could, under the permission of American federal law, openly, reasonably and legally help Li Dongling cash out the hundreds of millions of dollars of investment that Feiyan Technology had received.

Li Dongling smiled and shook his head, then said to Larson, "There is an old saying in the inland areas: impatience can ruin big plans, and greed for small gains can lead to big losses. Feiyan Technology must now focus on going public!"

(End of this chapter)