Chapter 1252 Crazy
To talk about other things, Renren Film and Television may not be able to give too many temptations, but when it comes to experience, resources, and technology, Robert Kingsor has something to say.
Behind Renren Film and Television is Renren Technology supporting it. In terms of strength alone, not to mention the entire Chuke technology, Renren Technology alone is not much weaker than Google.
Especially this year, Renren Technology has begun to be commercialized on a large scale. Renren and Facebook occupy the social markets in the East and West, and it is almost making money every day. The outside world predicts that Facebook and Renren's future potential will probably not be lower than Google.
This is not the case with the sub-brands below Renren Technology, such as Twitter, Skype, LinkedIn, Line, etc., which have great potential, almost capturing all the global social users. If Renren Technology is willing to induce tube traffic, then Google may not be able to compete with it.
A Google searcher is probably far from the digital entertainment operation of Renren Technology.
Sundar Pichai's face was a little bad. Compared with Renren Film and Television's advantages, almost all of them became disadvantages, and they were even hung up and beaten. Sundar Pichai wanted to say, Renren Film and Television did not follow the routine, and it was agreed to fight alone, but it ended up bringing a bunch of reinforcements!
When he entered the conference room, Larry Songsini, who was sitting beside him with a tense face, also spoke to several founders of Tube, "In the future, Tube is in Silicon Valley, I will be responsible for all legal issues!"
With Larry Songsini's current status and strength, saying this means that in Silicon Valley, Tube will no longer have to be afraid of any lawsuits, and it will be handled by Larry Songsini and the law firm behind him.
Larry Songsini is one of the most famous lawsuits in North America and the most influential lawyer. The lawyer group he has under his command has made countless opponents afraid.
At this time, Smith, Xiao said to Chen Shijun, Joyd, Kareem, Chad Hurley and others who exchanged several words from time to time, "When I went to Yanjing before, when I met Chen, the founder of Chuke technology, he mentioned several people to me and said that he was very interested in meeting you!"
When Smith Jr. mentioned Chen Chu, Chen Shijun and others, he couldn't help but look at him. Chen Chu has only been to North America once and has not participated in many interviews, but it does not hinder Chen Chu's popularity in Silicon Valley now.
In a few years, Chuke Technology has gone from an unknown small company to now becoming a world-renowned existence in the entire technology industry, and even placed it on the same level as Microsoft.
Chuke technology still has a bit of mystery in the eyes of the outside world, but in places like Silicon Valley, Chuke technology has become legendary, just like Microsoft, Yahoo and others in the 1990s. Today's Chuke technology also has amazing influence among the younger generation. After all, Chuke technology is closer to them.
Chen Chu's influence is also amazing. After all, compared to Bill Gates, Bezos's group of famous figures who have become famous in the last century, Chen Chu is younger, and also makes more young people feel within reach. It seems that he is the second Chen Chu, and compared to the next Bill Gates, countless people are more moved.
When he heard Smith mention that Chen Chu was going to meet them, Chen Shijun and the other two looked at each other, and couldn't help but look forward to it, "Chen, do you want to meet us?"
"certainly!"
Smith Jr. said with a smile, "Chen has always been very interested in emerging technology projects and their founders, and is willing to help those projects grow. You should have some understanding of Twitter. It is the first one that Chen proposed to invest. They can meet each other if they have time."
Chad Hurley, Chen Shijun and others looked at each other. As the most famous technology company in North America and Silicon Valley recently, Tube and Twitter are both expected. Twitter is a new social brand under Renren Technology. They all know that it was discovered by Chen Chu, which surprised them. At the same time, they couldn't help but think of rumors from the outside world that Chen Chu, the founder of Chuke Technology, has an amazing investment vision and has never failed once since his debut!
If you want to say the only mistake, Chen Shijun and the other three couldn't help but look at Robert Kingsso, who was unaware of the people, actually chose Robert as the president of Renren Film and Television. As a result, Renren Film and Television suffered a huge loss of over one billion US dollars this year, which was a terrible loss.
Robert Kingsso, who was watched by several people, always felt that their eyes seemed meaningless, which made him feel something was wrong for a moment.
When Sundar Pichai saw the attention of the tube management, he was completely attracted by Renren Film and Television. Compared with Renren Film and Television, the conditions proposed by Google are incomparable.
This made Sundar Pichai helpless and took a deep breath. Sundar Pichai was about to enter the topic directly. No matter how good the conditions were, the key was to bid. Whoever offered the price was higher and who had the advantage, the rest were all sarcastic!
"These conditions can be raised, but may not be realized. Renren Technology has more than one company!"
Sundar Pichai said coldly, "It makes the Tube sober up a little bit, and no matter how good the conditions are, they need to be implemented, but the conditions of Renren Film and Television do exceed Google."
"I think it is the best choice to cooperate with Google. Google has been in contact with you for more than four months. Everyone's goals are the same, so that Tube will become the best website in the video industry, not the second one!"
Sundar Pichai reminded Chen Shijun, Chad Hurley and others that tempting tube to follow Google may not be the first, but following Renren Film and Television will definitely be the second, and will never become the boss of the online video industry.
"Google is willing to increase the acquisition price by another part, and complete the acquisition with Google equity and part of cash, with US$850 million!" Sundar Pichai once again raised the acquisition price, as if at the Skype negotiating table, this was the second time that both parties had directly bid.
After the price was offered, Sundar Pichai stopped watching the tempting tube. He had to fool everything he should have. Now he would look at which Google and Renren Film and Television offer a higher price.
"This acquisition, KPCB Venture Capital is willing to provide guarantees for Renren Film and Television. I hope to induce tube to reach cooperation with Renren Film and Television, which will also gain the friendship of KPCB Venture Capital!" Douglas Collinger said, and he highlighted the KPCB Venture Capital brand. In North America, KPCB brand is still very useful. He came here today to show the attitude of KPCB Venture Capital.
After Douglas finished speaking, Mark Kwam also spoke, "We will bear the acquisition cost of Renren Film and Television this time!"
Mark Kwam said vaguely, not mentioning Sequoia Investment, but those sitting in the conference room knew who he represented, even if he was wearing a vest.
Sequoia Investment and KPCB venture capital have expressed their support for Renren Film and Television. In addition, the North American Trust Investment Bank, Renren Technology, the parent company of Renren Film and Television, and the acquisition group represented by Smith, who were present today, are obviously more wealthy.
"For Renren Film and Television, we chose to bid 900 million US dollars, including 300 million US dollars in cash, and some equity in Renren Film and Television!" Smith Jr. whispered a few words to Robert Kingsso, and also offered a quote, and raised the price to 900 million US dollars at once, which seemed to be inevitable.
The group of people sitting in the middle of the seduce tube felt a little dizzy. When Sundar Pichai was 800 million US dollars just now, they felt that it was a sky-high price. Renren Film and Television took action and directly raised 900 million US dollars. Even if they were dreaming, they never thought that seduce tube could be so valuable!
When Sundar Pichai heard Smith’s bid, he wondered if the playboy in front of him had sent him to make a fuss. If he continued to compete so hard, it would probably be a sky-high price.
However, thinking that Google had no way out this time, Sundar Pichai could only grit his teeth, "Google is willing to pay all the price to lure tube!"
"Ninety-three million, after joining Google, Tube can retain its original management team."
Sundar Pichai has come up with the best conditions, that is, after acquiring Tube, it will be managed by the three major founders. This condition is amazing.
"Ninety-five million!"
Smith, the price was increased directly, without any intention of giving in. The entire conference room had become quiet. Every time the bid on both sides made the hearts of the entire conference room tremble. People with bad hearts were about to start taking medicine at this time.
The reporters and media around the building were still in a dark group. Everyone waited until the afternoon, but they still had no intention of leaving. Everyone knew that there would definitely be a big news today, but the difference was just how big the news was.
A well-informed big-name reporter kept inquiring about the specific situation in the conference room through his connections. Until the reporter of the California State News, he saw the latest news and couldn't help but scream, "Google's quotation has tempted tubes more than one billion!"
With a bang, the reporters and media surrounding the office building were immediately in chaos. The news was really amazing. Although there were rumors that the tube was worth one billion US dollars, that thing was just a talk. Now Google's offer has reached this point. It is conceivable how intense the conference room is now.
"Google really offers such a price?"
Some media reporters couldn't believe it. A small video website with a total user base of less than 60 million, but it was really hard to believe that it dared to sell a billion US dollars.
At this time, another local media, a reporter from "Silicon Valley Business Weekly", couldn't help but shout, "My God, they are really crazy. Renren Film and Television's quotation has exceeded 1.1 billion US dollars!"
The entire scene became quiet inexplicably. If it weren't for the fact that a group of large and thick-waisted security personnel stood at the door of Datou, these reporters and media would have rushed in with screams. The news from these news would have made many media feel crazy. They really wanted to record this historical picture.
Chapter completed!