I'm back in 1990

"David, I originally thought it would take me a week to convince you, but now it seems there's a reason why you've succeeded!" Huang Xiaochuan, adhering to the old adage of giving a sweet treat after a beating, timely offered this free compliment to the fake foreigner.

Huang Xiaochuan seized the opportunity to pour a bellyful of inspirational platitudes into this fake foreigner, David Young, who listened with nods of approval and regarded these platitudes as gospel.

The dispute over the CEO was thus resolved, but David Young still wanted to hear Huang Xiaochuan's advice on Yoho's future development.

Huang Xiaochuan tapped the tea table lightly with his fingers and pondered for a moment.

"Brad's approach, in a sense, is building a moat for Yoho, which is a sound idea. However, as Clausewitz, the famous Prussian strategist and military strategist, said in 'On War,' 'The best defense is a good offense!' Therefore, the next step is to find new technological breakthroughs."

Huang Xiaochuan already had the answer to this question: "Video! With the development and popularization of broadband technology, a wave of self-created content by individual users has emerged. On web pages, users share their experiences and pictures with netizens. The next thing should be video. Imagine, a dynamic, vivid and colorful piece of content. The dissemination rate and the emotional value it gives to users are unimaginable for text and pictures."

He then posed another question: "Huang, although the technology is nearing maturity, copyright and broadband costs remain issues. Dynamic video consumes many times more data than text and images, doesn't it?"

Huang Xiaochuan smiled and said, "I've looked at Brad's acquisition list and found that there are a few small companies that do video compression technology and community. I've also studied the ut website you mentioned and found that they have a problem, which is that they don't know what they really need."

Huang Xiaochuan didn't keep him waiting long and shared his thoughts: "I believe that as long as we can solve the problems of video sharing, dissemination, and monetization, we can firmly grasp the next wave of internet development dividends."

"Huang, I understand. I want to do this, but you're the major shareholder, I need your support!"

Huang Xiaochuan smiled and said, "That's no problem."

I would recommend that video business be elevated to a key strategic development goal for Yoho in the next phase, and I would also recommend that you be in charge of this.

Huang Xiaochuan then added, "Have you noticed that, besides video, the emergence of mobile internet is also beginning? Although the mobile internet experience we have now is still very poor, I think this is an inevitable trend for future development. You'll understand once you go back and carefully study the technical data of 3G networks. I believe that in the near future, once 3G networks are fully deployed and coupled with suitable equipment, the world will be completely different from what it is now."

"Mobile Internet? It can't be that fast, can it?" Hearing this new term at the moment still feels a bit ahead of its time.

"You can't always keep your eyes on the computer desktop. You need to broaden your thinking. Imagine that in the future, every internet user will have a mobile device in their hand. They can use this device to access Yoho's social network anytime, anywhere, use the search function, and share all kinds of information, including the videos I just mentioned. Technological explosions happen because of the aggregation of fragments of technology. So what you need to do is to do your piece of the puzzle well."

Huang Xiaochuan smiled, picked up his teacup, took a sip, and said, "I will give you all the support you need. You just need to invest all your resources in video and future mobile terminal technologies."

After putting down his teacup, Huang Xiaochuan added, "David, the second phase of the internet technology revolution has only just begun. We must ensure that we remain part of it, rather than being eliminated by others using newer and better technologies."

After reaching an agreement on the important topics, the conversation became much more relaxed, and David Young took the initiative to talk about his family.

"Huang, you know what? She's an angel. I think about her all the time. If Laura hadn't been only three months old, I would have brought her along too." David Young beamed with joy as he spoke of his newborn daughter.

Back when Huang Zeji and Huang Ruiying were born, his feelings were no less than those of David Young.

"Huang, are your two children alright?"

"They are both very good. My son is rather quiet, while my daughter is too lively, which has always been a headache for me!" Huang Xiaochuan took the opportunity to share some of his troubles.

The two chatted like that until dinner time!