The first thousand four hundred and eighty-two chapters achieve a win-win situation for the three pa
In the eyes of technology occupants, Li Mu is simply the most terrifying robber and bandit in Silicon Valley, but in the eyes of capitalists, they think Google has been wrong for so long and finally made the right choice in this matter.
Technology oters are not sensitive to capital operations. Many times, capitalists are pushing them to look at money. For companies like Google, Larry Page is not an expert in capital operations, so he has always been aware of capital operations in the early days. Other companies in Silicon Valley created by technology oters are the same.
Capital operation is when a company develops to a certain level and only has the opportunity to contact and learn things, it is like the upper level of a skill tree. Only when it comes to the skills, will it trigger this skill. This is the entrepreneurial trajectory of many Silicon Valley companies.
Entrepreneurs who do not understand capital operations often have a single addition. Just like Zhang San opened a skewer shop and found that the business was very good, so he saved money to open a second branch. When he opened the fourth one, Zhang San felt that he had developed to the extreme. If he opened more branches, he would not be able to take care of his energy.
At this time, capitalists will come to the door, first tell Zhang San how to operate capital, then give Zhang San a fund for rapid development, so that Zhang San can build a professional operation team, and then use capital to perform rapid fission. Four companies will become eight companies, eight companies will become sixteen companies, and sixteen companies will become thirty-two companies...
Li Mu forced Google to acquire muye&baidu, which is almost the same as a shell company, which actually gave Google an opportunity for fission development at the capital level. However, if you want to get this opportunity, you have to pay a cost. A 33.3% stake is the ticket.
In terms of nature, this is a bit like the relationship between a celebrity's agency and an artist. A powerful economic company has the ability to promote an artist and make him a top star. However, the premise is that the artist must sign a long-term contract with the agency with harsh conditions, and even hand over most of the income to the agency. It seems a bit harsh, but in fact it is a cooperation agreement that both parties agree to accept. Some celebrities turn their heads and sue the agency when they become popular, hoping to end the long-term contract early and gain freedom. This is actually a pure reflection of the lack of contract spirit.
Fortunately, there is no possibility of reneging or breaking the contract between Li Mu and Google. As long as the signature takes effect, Muye Technology will become a shareholder of Google, and he will also abide by the spirit of the contract and help Google further develop and grow in the non-Chinese search market.
To give a more appropriate analogy, Li Mu is the United States after World War II, with rapid development and strong capital; Google is Japan after World War II, which was once brilliant, but is now being sanctioned by the United States everywhere, and the possibility of turning over is slim. Suddenly, at some point, the United States decided not to sanction Japan, but to cooperate with Japan, which gave Japan a chance to subvert its destiny and turn over quickly.
The tech ottoman in Silicon Valley doesn't understand this, but Larry Page, as a person who has suffered, has deeply realized the importance of this.
...
The legal teams of both parties completed the polishing of the terms of the merger and acquisition contract as quickly as possible. Afterwards, Li Mu and Larry Page decided to hold a grand signing ceremony in Yanjing.
To be grand is the same psychological needs of both parties.
Li Mu wanted to make the signing ceremony more grand because he wanted to take this opportunity to send a signal to the technology resident and entrepreneurs all over the world. The specific content of this signal is: First, if I want to hit you, you will definitely not be able to beat me; Second, if you kneel down to me, you will not only not be beaten, but will get more;
Larry Page wanted to make the signing ceremony more grand because he wanted to take this opportunity to send a signal to all capital parties: Don’t be disrespectful to me like I did some time ago. I am now with my elder brother. My elder brother’s resources will allow me to develop rapidly. In the future, my elder brother may be the world’s number one, and I may be the world’s number two.
Since it is more grand, it is natural to invite all media to attend the event. Makino Technology is the host and has booked the entire main exhibition hall at the Yanjing International Convention and Exhibition Center. It has an area of thousands of square meters for the press conference, which can accommodate at least a few thousand audiences and reporters from various media.
All IT media, high-tech industry media and financial media around the world have received invitations from Makino Technology, and even invited founders, shareholders and executives of domestic and foreign companies.
During the negotiation of the terms of the contract, Li Mu did not bring Robin and any of Baidu's management to participate in the negotiation. This is because, in Li Mu's eyes, although muye&baidu is a joint venture between the two companies, Muye Technology is the major shareholder with 90% of the shares. Moreover, Baidu has signed a joint actor agreement with Muye Technology and gave up the voting rights corresponding to 10% of its shares. Therefore, any strategic planning and plan formulation of this company are fully controlled by Muye Technology. In this way, there is no need to invite one party to come in and cause trouble. Baidu only needs to wait quietly to make money.
However, when the signing ceremony began, Li Mu decided to invite Robin to the scene as the second signing representative of Muye&baidu, signing with him with Larry Page.
Although Baidu cannot interfere in actual operations, Li Mu cannot throw Baidu aside when reaping results. The signing ceremony is also a strategic achievement of Baidu. Moreover, the company names are jointly named after Muye Technology and Baidu. Then the signing representative representing the company Muye&baidu cannot be just a representative of Li Mu. This is a kind of respect for partners.
When Robin received Li Mu's invitation, he didn't react at first, and then he politely declined: "Mr. Li, it's enough for you to represent muye & baidu at the signing ceremony. I won't cause trouble, but don't worry, I will definitely be there for such a major matter."
For Robin, he actually hoped to show off his face at this signing ceremony, but as a passenger who made a lot of money by taking a ride, he felt a little embarrassed. He always felt that it was good to make money in silence, and there was no need to compete with Li Mu for halo, so he politely rejected Li Mu's invitation.
But Li Mu insisted: "robin, this is a good opportunity for you to show your face in front of Western capital. You must know that as a company developing in the Chinese market, Baidu needs to ensure its exposure in front of Western capital. Sometimes, the valuation of a company is not necessarily determined by the company itself, and there is also the pursuit of capital. As long as the capital can be snatched up, the value of a dollar may exceed one hundred. On the contrary, if a hundred yuan is cold in capital, it is even worth less than one hundred."
Robin actually wanted to agree, and his polite refusal was just out of respect for Li Mu, but he didn't expect Li Mu to persuade him to agree. So he thought for a moment and said gratefully: "I understand Mr. Li, thank you for your care, then I will all follow your arrangements."
Li Mu nodded with satisfaction and said, "The most important thing about the signing of the contract that day is our speech before the signing ceremony. I have also arranged time for you to give a speech. At that time, Larry Page from Google will be the acquirer, and then you and me will take turns to give speeches as the representative of the acquired party. Then, your speech will be scheduled before me."
"Okay, Mr. Li, I will follow your arrangements."
Robin said, feeling a little more grateful to Li Mu. He knew that Li Mu's intention of making this arrangement, so he asked Larry Page to give a speech first because Larry Page was Party A and should be ahead of him. Li Mu asked himself to be ahead of him, because he was worried that if he would be in a bad mood if he gave a speech later.
Li Mu also said: "Because I am the chairman of Muye Technology and have absolute controlling stake in Muye Technology, and muye&baidu is a subsidiary of Muye Technology absolutely controlled by Muye Technology. So according to legal principles, I should be the actual representative of Muye&baidu's signing contract. Therefore, I will sign the actual contract with Larry Page in advance in advance. At that time, our on-site signing ceremony will only be in a formality, so there will be three signatures and signing offices on our on-site contract. Google is Party A, and there are one signatures and signing offices. We are Party B, and we have two signatures and signing offices, one for you and the other for me. When we are on-site, we sign three agreements and exchange them with each other. The signing ceremony will be completed."
robin hurriedly said, "Mr. Li, I understand."
Li Mu nodded and said, "There is another thing about capital operations."
robin said: "Please say it."
Li Mu said: "After the signing ceremony is completed, muye&baidu will be officially acquired by Google, and then Muye Technology will open the gates to Google in the non-Chinese search field. Google's valuation will definitely rise. Muye Technology and Baidu are both shareholders of Google. Muye Technology holds 29.97% of the shares and Baidu holds 3.33% of the shares. In this way, Muye Technology and Baidu will also rise. It is inevitable that Google's valuation will return to more than $10 billion in a short period of time. It will not take long to stand online at $15 billion. If you continue to obtain resources from Muye Technology, Google's market value should be able to stand at more than $20 billion by the end of this year or at the beginning of next year;
At that time, Google will definitely launch ipo. Due to its good concept and good prospects, Google ipo will definitely be smooth sailing and gain high recognition from the capital market. In this way, Google's market value will definitely soar after its listing. If Google's market value exceeds US$40 billion, even if 20% of the 3.33% in your hand is diluted, it will be more than US$1 billion. In addition, Baidu's own business will grow and grow, at that time, you can prepare for ipo."
Robin asked: "What do you mean is Baidu wait until Google IPo is successful before applying for IPo?"
"That's right."
After Li Mu said that, he added: "After you both have ipo, it's time for Muye Technology to ipo. As companies owned by Muye Technology, your two companies will succeed in ipo first, which will have a great auxiliary effect on Muye Technology's ipo. In this way, Muye Technology's ipo will be larger. The three of us cross each other, support each other, and incubate each other's concepts. The final result is that the market value of the three companies will usher in a sharp increase, achieving win-win results for the three parties."
Chapter completed!