Chapter 203 Aftermath and Comfort

Chapter 203 Aftermath and Comfort

After all, Liu Zhou is not an unknown person, but a public figure with a lot of traffic.

Therefore, the sensation caused by Liu Zhou becoming the major shareholder and new person in power of Sina was much greater.

Almost all media outlets were reporting on this incident; even major official media outlets such as CCTV and daily newspapers had mentioned it.

But many media outlets have no idea what exactly happened and try to process any little information they get.

The media, which knew a little about the situation, tried their best to analyze it.

There are too many news elements, and they are all over the place, and they are all spread in newspapers and on the Internet.

At the very least, the report that Liu Zhou and Duan Yongji had a fight at the board meeting was false.

How could Liu Zhou, a good young man who grew up under the red flag, break the rules and attack an elderly person?
This is clearly slander!

However, Liu Zhou didn't care much about the disturbances in the outside world.

Although Duan Yongji was removed from the position of chairman and temporarily took control of the board of directors, it is not yet time for the dust to settle.

So after the board meeting ended, Liu Zhou stayed at Sina headquarters.

First of all, I would like to thank my allies and partners.

"Mr. Chen, thank you so much this time. If it weren't for you, it wouldn't be so easy for me to defeat Duan Yongji."

"Haha, we each get what we need."

"Don't worry, the equity transaction between us can be carried out immediately, and I have already communicated with President Ding, and he welcomes Walden International to become a shareholder of Wangyi."

"There's no rush, you can take your time."

"Everything else has been prepared. Once we get approval from the SEC, our transaction will be officially effective."

"Haha, good job. Mr. Liu is indeed a man of swift and decisive actions."

"But I may have to trouble Mr. Chen to continue to serve as a director of Sina for a while."

"no problem."

"Thank you very much, Mr. Chen."

"You're welcome. You should be busy later. I won't bother you. I'll leave first."

After sending Chen Liwu away, Liu Zhou went to the chairman's office to find Jiang Fengnian.

The cooperation between Jiang Fengnian and Liu Zhou was reached with the help of Wang Zhidong and Chen Liwu.

In fact, in history, Jiang Fengnian resigned from the position of chairman of Sina this year because he felt too frustrated at Sina, and then concentrated on building his new company.

So after Liu Zhou and others found Jiang Fengnian and explained their purpose, Jiang Fengnian agreed to help without any hesitation.

For him, success or failure doesn't really matter to him.

Of course it would be better if I succeeded, as I could vent my anger on Duan Yongji.

If you fail, it doesn't matter. At worst you can just walk away.

But no matter what others think, Liu Zhou still has to thank them specifically.

"Mr. Jiang, thank you very much for your help today."

"Mr. Liu, you don't have to be so polite. The main thing is that you are well prepared. Wow, no one expected that Shanda's shares would be acquired by you quietly."

He was indeed a little shocked that Liu Zhou acquired Shanda's Sina shares, and it also made him look at this young man with new eyes.

In fact, like Chen Liwu, he is not very optimistic about the final outcome of his fight with Duan Yongji. Although he may win once, he may be overturned later.

But everyone underestimated him, and Liu Zhou dared to take action only because he was not unprepared.

“Haha, Chen Tianqiao was defeated by Sina’s poison pill plan and wanted to buy out my shares, but he had to give up after learning that we had signed a concerted action agreement.

So I tried to see if I could buy Shanda's shares and challenge Duan Yongji, but I didn't expect Chen Tianqiao to agree."

"No matter what, it is still Mr. Liu who is in charge. But don't underestimate Duan Yongji. He won't give up easily."

"I understand. So for the time being, please don't leave Sina so quickly, Mr. Jiang. I will immediately promote the cooperation with your company."

Jiang Fengnian prepared to leave Sina last year and established the New Media Group.

The company is mainly engaged in advertising agency, entertainment and distribution business.

This company later developed very well, focusing on the two industries of sports and entertainment, and achieving coordinated development through the mutual support of traditional businesses and broadband Internet.

New Media Group represents the advertising agency and distribution rights of ESPN, Star TV and other companies in China, and represents the advertising business of sports events such as the Chinese Super League, CBA, Premier League and NBA in China.

However, the New Media Group is just a start-up, and Liu Zhou also promised him that if he could control Sina, he would promote cooperation between Sina and New Media.

"There's no rush for this. Mr. Liu, you should sort out Sina first."

After chatting with Jiang Fengnian for a while, Liu Zhou left and found Mao Daolin.

To be honest, Mao Daolin is very capable.

Not only did he lead Sina out of the trough, but the path Sina is taking now is also planned by others.

He originally proposed the development strategy of TMT, namely technology, media and communications, and the "central kitchen" management concept.

Under the "central kitchen", Sina is divided into three major business groups:
Assist governments and enterprises to provide comprehensive network services;

News and information content portal; and integrated short message services, Internet access, and broadband services, that is, wireless value-added services.

The "chef" of the central kitchen is in charge of R&D, brand management, editor-in-chief's office and content management.

Under the concept of "central kitchen", Sina has established a centralized resource level, providing a resource sharing platform for the three main businesses, greatly improving business operation efficiency.

It also successfully transformed Sina's brand effect and customer resources into economic benefits, that is, monetization.

But after Mao Daolin left, Sina's development continued step by step, while the other two portals began to attack in an all-out manner and actively expand new businesses.

If you progress slower than others, you are regressing, especially in the rapidly changing Internet industry.

However, when Liu Zhou invited him to stay at Sina, Mao Daolin refused without hesitation.

It has been three years since he left Sina's management team and he no longer has the same ambition as before. Now that his last knot has been untied, he has nothing to worry about.

And because of his father-in-law, he is indeed not suitable to continue to serve as an executive at Sina or any other company.

Finally, he told Liu Zhou to deal with Duan Yongji as soon as possible, as he would not serve as a director of Sina for too long.

Liu Zhou had no choice but to regret missing out on such a talented person.

Compared with Mao Daolin's excellence, his successor Wang Yan seems relatively mediocre, but that does not mean that Wang Yan is not capable.

Because Wang Yan was once Wang Zhidong's direct subordinate, Duan Yongji often interfered in the management of the company when Wang Yan was the CEO.

This also greatly reduced his authority in the company, and he was unable to manage the company well, and he couldn't even follow the rules.

Wang Yan really comes from a prominent family. His grandfather, uncle, father and uncle are all not simple people. He has lived in the same compound with Mr. Qian since he was a child.

In addition to Wang Yan, Wang Zhidong's original direct subordinates also included Sina's vice president and editor-in-chief Chen Tong.

These two people were preparing to get closer to Liu Zhou under the introduction of Wang Zhidong.

Liu Zhou's disadvantage is now evident, which is that he has no foundation within Sina.

Liu Zhou didn't know Wang Yan and Chen Tong very well, but there was nothing he could do now. He had no one available and could only trust these two people for the time being.

Fortunately, Wang Zhidong did not agree to return to Sina, otherwise Liu Zhou would really be worried about him and they would inevitably fight again.

Otherwise, Liu Zhou would easily be sidelined by him.

Human nature cannot stand the test, especially when facing power.

This is also the reason why Liu Zhou must get the position of CEO.

Only by sitting in this position can he be the head of Sina's administrative management. It is not easy to sideline him.

After meeting Mao Daolin, Liu Zhou went to meet these two.

At this time, their identities have changed and they all feel a little unfamiliar with each other.

The only way to eliminate this strangeness is to get along with each other slowly in the future.

But now is not the time to take things slow. Liu Zhou didn't hesitate and directly arranged for them to appease the company's internal employees and try to reduce the turmoil in the company.

They are all veterans of Sina and they still have some influence on the employees below them. It will not be difficult for them to appease people.

Finally, Liu Zhou came to the office of CFO Cao Guowei.

Liu Zhou was a little conflicted about Cao Guowei.

This person is undoubtedly very capable. After taking over from Wang Yan as CEO of Sina, he spent two years squeezing Duan Yongji out of Sina.

Then in 09, it completed the MBO of Sina and held more than % of Sina's shares, completely ending Sina's history of having no controller.

Sina has also completely entered the era of Cao Guowei.

Moreover, Sina's only outstanding application, Weibo, was promoted by Cao Guowei and won the competition with Penguin Weibo.

It can be seen that he is not loyal to Duan Yongji either, but during this period of time, he should be getting closer to Duan Yongji.

What's more, at the board meeting, he cast an abstention vote for Duan Yongji, which also made Liu Zhou's idea of ​​​​purging him out somewhat wavered.

He wanted to talk to Cao Guowei before making a final decision.

However, Cao Guowei obviously knew Liu Zhou's intention. Before Liu Zhou opened his mouth, he said:
"Mr. Liu, I am not someone else's man. It was Mr. Mao who personally invited me to work at Sina.

Like Mr. Mao, I just hope that Sina can develop better and don’t want to get involved in those power struggles.”

"But wasn't it Duan Yongji who pushed you to the board of directors this time, and then prepared to have you take over Wang Yan's position?"

"Yes, the reason why I approached Mr. Duan was because Sina did not make much progress under Mr. Wang's leadership."

"Then you should also know that Mr. Wang cannot fully display his power."

"I know. So instead of wasting Sina's energy like this, it's better to let Mr. Wang leave."

Liu Zhou understood a little, but he didn't completely believe what Cao Guowei said. However, what he said next made Liu Zhou make up his mind.

"I can resign from my position as a director of Sina and continue to do my previous job.

But Mr. Liu, you were a director before and have never been involved in the Internet. If Sina continues to develop worse under your leadership, I will also resign and leave."

Am I being chosen?

Aren't you afraid that I will fire you now?

(End of this chapter)