Chapter 781 (1/2)

In fact, the issue of charity is a little sensitive for Simon. Amy Pascal just joked and stopped. Instead, she said, ”I just got the news this morning that Vivendi has decided to promote sandy littwatt and bill michanik as the CEO and President of Disney respectively. Maybe next week, she will announce her resignation, and frank wells will retire. ”

Simon also got the news and nodded, ”I know.”

At the end of last year, Vivendi group has been looking for a suitable professional manager for the company. However, some of the candidates Vivendi is looking for have expressed their refusal, including CAA president Michael owitz, former Spielberg's right-hand aides Frank Marshall and Catherine Kennedy, Hollywood gold medal producer Joe silvo and even several senior executives of danielis entertainment group.

What the circle probably realized, coupled with Vivendi's conservative decentralization, these external candidates successively refused.

In desperation, Vivendi had to promote senior executives from within Disney.

Sandy littwatt is Disney's vice president and head of legal, and bill michanik is Disney's president of home entertainment, which distributes video and television.

They were respectively promoted to CEO and President of Disney, equivalent to two consecutive promotions.

However, in terms of actual functions and powers, they are only one level up.

According to Simon's information, after sandy littwatt was promoted to CEO, he was actually in charge of the business of former president Frank wells, mainly the administrative affairs of enterprise personnel and legal affairs. Bill michanik, as president, will directly manage the production business that was once run by Jeffrey carsenberg.

The core corporate strategic planning and financial power, which should belong to the CEO, are directly controlled by Vivendi headquarters.

This is not the result that Vivendi's board would like to see.

However, there are not so many good things in the world when we are unwilling to delegate power and want professional managers who are good enough.

In private, she has discussed how to deal with Disney after it was acquired by Vivendi group for more than one time. At this time, Amy just talked about it with Simon. When she saw that her boss already knew about it, she didn't say much, and then said, ”Eisner is trying to invest in the Internet field, partnering with owitz, and has finalized a project. I had dinner with Nancy in Morton last night I met them in the dining hall and chatted with them. It's a very interesting idea. ”

Simon was a bit surprised and asked, ”is Eisner well?”

Amy nodded: ”it's ok now. It's just that the original quadruple bypass surgery is very risky. It's ok if I can survive.”

Michael Eisner had heard that danirey entertainment would have been able to establish a universal studios in Europe before her heart attack relapsed. At that time, he almost failed to rescue him. Simon had learned about it earlier.

Frank wells, Disney's president, who should have died in a skiing accident last year, escaped because of Simon's influence. If Eisner died unexpectedly because of the news he released, Simon would feel guilty. Just business competition has not reached the level of killing people, let alone Hollywood.

Simon nodded slightly, skillfully holding some Chinese fried noodles in the plate with chopsticks, and asked with a smile, ”what project did Eisner invest in?”

Amy took a sip of the juice and said, ”probably, it's a workplace social networking site. This is the idea that owitz came up with. As you know, owitz is very good at managing contacts. He thinks it's possible to move the real business model of contacts to the Internet. Unlike those recruitment sites that can only deliver their resumes, this workplace social networking site can let you know Users directly establish their own contacts in some circles and show their resumes more intuitively. Moreover, after forming one circle after another, they can get more accurate recruitment or application targets through mutual recommendation, and social network members can also recommend each other. ”

Simon across the table became more familiar with it and soon understood it.

This is LinkedIn in my memory.

In the past, because of the failure of competing for power in Time Warner, Terry Semel left to be the CEO of Hollywood Yahoo. This time, because of the support of danielis entertainment, Semel has more and more advantages in Time Warner Group, and is likely to become the next chairman.

Unexpectedly, Michael Eisner, who left Disney ten years earlier, turned to Silicon Valley.

When Amy finished, Simon was silent and asked, ”Simon, what do you think?”

Simon looked back, nodded with a smile and said, ”it's a good idea. The key is whether they can find the right business model.”

The former LinkedIn was acquired by Microsoft in 2016 with a huge sum of more than 26 billion US dollars, which shows the feasibility of the idea of this workplace social platform. The key is whether Eisner and owitz can find a business plan that can make the website sustainable in the future.

In the end, ideas are never worth money.Just like LinkedIn, Simon doesn't believe that there will only be one workplace social networking site in Silicon Valley. It's just that LinkedIn finally stands out.

Across the table, Amy listened to Simon and said, ”so, Simon, are you interested in this project?”

Simon looked up at Amy as if he understood something and said with a smile, ”esner, they asked you to ask?”

Amy shook her head and said, ”no, but I think since they told me so much last night, I just want you to know. Maybe it's better if you're willing to invest. ”

Simon said, ”isn't there a shortage of money for the two eisners?”

Amy shrugged: ”you know, it's not just about money.”

Simon thought a little and understood.

First of all, Amy Pascal, Michael Eisner, Michael owitz, they are all Jewish.

This is a typical mutual help between Jews without conflict of interest.

Secondly, as Amy said, if they didn't mean to let Simon know, Eisner and his wife would not have explained their projects in such detail at a casual dinner, which is obviously to attract Simon's attention.

As for money.

Of course, Eisner and owitz are not short of money. It must be easy to take out millions of dollars to start up. However, the two apparently still maintain a certain habitual thinking of Hollywood.

The first rule of Hollywood film investment: never spend your own money.

The same is true for Silicon Valley.

You can only see the success of Yahoo, Google and Amazon, but you don't know that behind these successful websites, more than 90% of the projects have gone astray in the end, and the hundreds of millions of investors haven't even heard.

Moreover, if Simon is willing to invest in Eisner, it can not only ease some of the friction between the two sides in the past, but also get the support of the westero system.

That's what matters.

Now there are more than one image sharing website in Silicon Valley. Why instagram, which has been established for only half a year, is the business model of this website so excellent?