478 [Strong Man Broken Wrist]
Yitang.com's headquarters is located in Shenghai, so they sent their lawyer's letters quickly and sent them to Shenzhou Technology Company the next day.
Immediately, Yitang.com held another press conference to severely condemn Song Weiyang's smear and stated that if Song Weiyang does not apologize publicly, Yitang.com will prosecute the rumor-monger.com.
Song Weiyang immediately smiled and admitted his defeat, asking Sohu, Sina and NetEase to help publish an apology letter, with the following content: "Sorry, I shouldn't be talking nonsense. Yitang is not useless. Yitang's email address is actually quite good..."
Yitang Email is really good. There are always problems when it first went online, but gradually it was done well and became the same email address as NetEase.
But that's all. Apart from the email address, Yitang couldn't make any move. With a $50 million investment, he only did what he could do well with RMB 5 million.
Song Weiyang also said in the apology letter: "By the way, out of good intentions, I will analyze it for the seven MBAs of Yitang.com. Your 'Minghuang e-generation' business positioning is wrong. You want to introduce Western high-end fashion brands and life into China. This idea is feasible, but the customer base must not be Chinese young people aged 18-35. Perhaps, for you seven, the high-end life is ordinary, but Chinese young people do not have that high consumption capacity. Shoes that cost thousands of yuan a pair are not fashionable products, but luxury goods... Your website content is too complicated, greedy for big and complete, and has no characteristics. You copy a little bit from east to west, more and more complicated, and more and more chaotic... I would like to advise you, just make a good email, maybe you can kill NetEase email."
Yitang.com's ceo quickly replied: "Mr. Song has been living in China and is afraid he doesn't understand Western life. Our business concept is a very new and high-end Western concept. China is in line with the world, and Chinese young people are also in line with the world. Yitang is here to build a bridge for the East and West lifestyle. China's economy is developing rapidly, and young people's living habits are also changing rapidly. Ten years ago, there were not many private cars in China, but now they can be seen all over the streets. I believe that in two or three years, China's e-generation tribe will grow. Yitang.com will be the leading enterprise in China's e-generation life!"
Song Weiyang replied again: "Just be happy, I wish you good luck!"
This back and forth open letter attracted the attention of netizens and actually caused Yitang.com to have a high traffic.
Yitang.com's CEO is not making a fuss to sue Song Weiyang, and once again wrote an open letter to Song Weiyang, discussing the topic of e-generation online in a serious way, just to use Song Weiyang to attract more attention. However, in addition to the increasing number of users of Yitang's email, Yitang's other services were criticized by netizens.
"Why do you have to make trouble with them?" Ma Xiaoyun smiled.
Song Weiyang said: "It's boring."
Ma Xiaoyun has decided to lay off major global staff and considers removing the US headquarters. However, doing so involves too much, almost equivalent to breaking one's legs and arms, and it is necessary to make proper plans in all aspects.
Ma Xiaoyun, who was full of energy in the West Lake Sword Contest, held a company meeting when the sword contest ended and announced that Alibaba had entered a six-month state of emergency: "The next six months will be a very severe half year, and all employees are ready to work overtime at any time!"
Generally speaking, Ma Xiaoyun prohibits shareholders from viewing Alibaba's specific operating documents, and never shows fear in front of anyone. In the words of an Alibaba executive, even if Ma Xiaoyun only has one dollar left in his pocket, he gives people the feeling that he has 100 million yuan.
But Song Weiyang spent money to support him repeatedly at critical moments. This unlimited trust has been regarded as a true friend by Ma Xiaoyun. Now that Alibaba is facing difficulties, Ma Xiaoyun is the first to talk to Song Weiyang, and even knows the layoff plan before Cai Chongxin and others.
After the West Lake Sword Contest was over, Song Weiyang was invited by Ma Xiaoyun to his home, took out many specific documents for him to read, and then discussed Alibaba's strategic contraction together.
Song Weiyang flipped through the documents and said, "You have a mess of management."
Ma Xiaoyun smiled bitterly: "These documents are all kinds of problems found. Many things are not done without knowing them, but they find that they are too naive when they do it. Take the English website for example. I naively think that Americans are better in English. English websites should be located in the United States, and it is best to be located in Silicon Valley, which can facilitate technical management. As a result, after building the website, I found that Silicon Valley is all technical talents, and the trade talents needed for e-commerce must be airborne from San Francisco and New York to work, and many projects have to go back to New York to discuss, and the cost is inexplicably high. Also, the two sides have completely conflicted ideas between the talents in Silicon Valley and New York. A common decision will have to be quarreled for half a month, and I have to fly to the United States to handle it."
"This is normal." Song Weiyang said.
Ma Xiaoyun said: "It's so abnormal. The person in charge of Silicon Valley thinks technology is the most important. Because Silicon Valley is the center of the world's Internet, this theory of technological excellence has received support from many employees. The person in charge of the US headquarters is the vice president I poached from the Fortune 500 companies. This person has been in charge of Hong Kong City for a long time and believes that Alibaba should develop into the capital market. Now the technical and commercial talents in the United States have already started arguing, resisting each other, and dislike each other. I can't figure out who is right in China."
Song Weiyang said: "Don't listen to them, ask yourself."
Ma Xiaoyun said: "I don't know either. Alibaba has developed into a multinational company in just one year. The employees come from 13 countries around the world. I don't know how to manage them. I poached the vice president of the Fortune 500 to come over, just to let him manage overseas affairs, but he couldn't even handle the matters in the United States."
Song Weiyang smiled and said, "You all say you want to lay off employees and withdraw your US headquarters. Then just act and cut off all overseas branches."
Ma Xiaoyun said: "I can't start. Take the Gangcheng office as an example. They are all very good employees, including famous MBA, senior investment banking practitioners, and vice presidents and senior consultants of large companies. They abandoned their stable jobs and came to Alibaba, hoping that the company would gain something after going public. In order to recruit these people, I also divided a lot of company shares. When they dismissed them, they had to buy back the company's stocks, and the price of this stock is difficult to negotiate."
Song Weiyang smiled and said, "Ask your heart, what did you think in your mind when you founded Alibaba?"
"Make an e-commerce platform to help the circulation of goods in enterprises." Ma Xiaoyun said.
Song Weiyang said: "That's right. I want me to tell you, just cut off all overseas branches, and only one office in the United States. The branches and domestic offices in Hongcheng were also cut off, and the headquarters was moved back to Linzhou and rely on hundreds of thousands of small and medium-sized enterprises along the coast to develop."
Ma Xiaoyun said: "I have this idea, but I can't make up my mind. This means that all the achievements made by the company in the previous year have been ruined, and Alibaba will go back to the state of last fall."
"Die early and get older." Song Weiyang advised.
"I'll discuss it with Lao Cai again." Ma Xiaoyun hesitated. In history, he spent half a year making a decision.
Song Weiyang said: "It's up to you. If it were me, I would have cut off overseas institutions now. I can't become a fat man in one bite. Which world's Fortune 500 have you seen? It took a year to become a multinational company? If you take too big steps, it's easy to pull the eggs."
After Song Weiyang's two persuasions, and with the idea that he had, Ma Xiaoyun finally made up his mind. He turned around and appointed a new executive to be responsible for layoffs, and this time he directly laid off more than 70% of the company's employees. There were 40 foreign employees in China, but only 5 were laid off; there were 30 people in the Hong Kong City office, but only 8 were laid off; the United States was even more powerful, and only 3 people were left.
This is actually better than in history, because when Ma Xiaoyun decided to lay off employees, the Internet winter was even colder, and Alibaba didn't have much money anymore. Even the first 100 old employees (including Ma Xiaoyun and Eighteen Arhats), Alibaba directly laid off 50. Now layoffs are ahead of schedule, at least these old employees have been kept.
Song Weiyang didn't have to worry about it at all. Old Ma could handle this kind of thing. He turned around and called Zhang Chaoyang and said, "I sent the fax, some small suggestions for hinaren."
Hinaren is the alumni record that Sohu just acquired. The little suggestions given by Song Weiyang are actually a relatively complete business plan, roughly created according to Faebook. Even Song Weiyang was too difficult to speak first, and the alumni record was too stingy, so he directly asked Zhang Chaoyang to change his name to "Renren".
As for the current campus network, don’t worry, keep calling this name. If it really doesn’t work, people can change their careers and do Meituan takeout.
At the same time, due to the minor friction with Yitang.com, Song Weiyang also asked Zhang Chaoyang to add functions, allowing users to search for information on the English CET-4 and CET-6 exams on the website. This thing is the future service content of Yitang.com. It has not been done for the time being, so just intercept it directly, but you need to contact major universities.
Chapter completed!