Chapter 059 Discovering New Business Opportunities
Hao123 in the previous life can be regarded as a legend, because its founder Li Xingping only graduated from high school and then worked as a network administrator in an Internet cafe without any start-up capital. He maintained it by himself and promoted it from the Internet cafe to various places.
Forum promotion gradually developed in this way. After 5 years of development, by 2004, it entered the top 30 Alexa rankings, and was finally sold to Baidu for tens of millions.
There are different opinions on how high it is. Some say 50 million plus a small amount of stocks, while others say 10 million plus a small amount of stocks. However, Zhuo Ziyuan seems to think that the first option is more likely, because Zhuo Ziyuan feels that Alexa ranks among the top
30’s navigation website is more than this price, because it can bring very considerable traffic and advertising revenue. In addition, at that time, Baidu was not the only one, and there were several competitors.
However, it is also possible that it is the second type, because Li Xingping only graduated from high school, and may not know the true value of the website, or does not understand negotiation strategies at all. This was also said in his previous life.
However, no matter what, Zhuo Ziyuan feels that selling cash is a very loss-making transaction. If it were him, he would definitely exchange them all for Baidu shares. Even if he gives up his voting rights, as long as he pays dividends, once Baidu is listed,
The value of the stock will definitely skyrocket.
Looking at such a simple web page in front of him, Zhuo Ziyuan suddenly saw a way to make money. He could also develop a navigation website. When his ranking on Alexa goes up, he would sell his navigation website to Baidu and exchange Baidu shares. However,
When the time comes, we will need to find someone who is proficient in investment banking. At the very least, Zhuo Ziyuan has no idea about Baidu’s valuation at each stage.
In addition, I don’t know how to create a website, and promoting it is very troublesome. It’s not impossible to recruit someone to do this. The problem is, what if the other person is doing it and feels it is valuable, and he goes to play it himself? Zhuo Ziyuan is not very good either.
To prevent it, the reason why Li Xingping was able to rank his website so high in his previous life was because no one paid attention to the navigation website in the early days. It was not until 2003 that anyone discovered this market, but it was too late. Hao123 had already occupied it.
has reached more than half of China’s Internet users.
After much deliberation, Zhuo Ziyuan felt that it would be better to approach Li Xingping directly. Instead of acquiring it, he would retain some of the shares. Of course, he would have to hold the majority share, so that he would not have to step forward. Li Xingping would still be responsible for the website, and it would be sold in his name in the future.
Able to maintain a low-key style.
Now there is just an opportunity to talk about acquisitions, that is, the Internet bubble is about to burst, the Nasdaq stock index plummets, and the stocks of all Internet-related companies have plummeted. The stocks have fallen below the issue price, falling to one-tenth, then
It's a common thing, and many companies go bankrupt directly.
In fact, the bursting of the Internet bubble is not only an opportunity for acquisitions, but also an opportunity for bargain hunting, because Zhuo Ziyuan knows which of the more famous companies have survived in the end. He only needs to look at the stock trends to see that those that have plummeted in the past two years will continue to decline in more than ten years.
If it is still strong at the end of the day, just buy it at the bottom, and then you will make another big profit.
The point is that he didn't notice the opportunity to make a fortune when he was planning before. The problem is that at this time, many Internet companies are listed in the United States, and he does not have US dollars. Moreover, Zhuo Ziyuan has not made much money in the past two years, and it would be even more difficult to convert it into US dollars.
No more. Now that the state controls foreign exchange, it is easy to import and tight to export. If you want to exchange a large sum of money for US dollars, it is really impossible to do it without any problems.
However, Zhuo Ziyuan felt excited when he thought of the opportunity to invest in one of China's three major Internet giants. If he could invest in all three giants, he wouldn't have to do anything. Why should he wait for opportunities to speculate in stocks?
The dividends are enough to last you a lifetime, and you have the status of a shareholder of the three giants, so don't be too happy.
Forget it, let’s stop such daydreams. I don’t have the capital. The opportunity of Baidu is right in front of me. I can’t give up. The rest is to help my father open a convenience store chain.
Thinking of this, Zhuo Ziyuan didn't want to wait for a moment. He spoke directly to Liu Yang and got off the plane to go home. He had a landline at home, so he could call Lu Tao. Zhuo Ziyuan planned to use the law firm to find out about the current situation of Hao 123.
After all, law firms have many channels.
At this time, Zhuo Ziyuan felt that he should have a mobile phone, otherwise it would be really inconvenient to call Lu Tao if there was anything urgent in the future.
After thinking about it, Zhuo Ziyuan went directly to the mobile store of the Cultural Palace without going home. He looked at the mobile phones and was really disappointed. These mobile phones were too ugly. He directly found a Nokia mobile phone, Zhuo Ziyuan's first mobile phone in his previous life.
I bought it before going to college, it was also a Nokia, I forgot what model it was.
Finally, I saw a mobile phone that is not particularly ugly and is in line with Zhuo Ziyuan’s aesthetics, the 3210. It supports receiving Chinese text messages, but it only supports the English input method. There is nothing I can do about it. At this stage, there are mobile phones that support Chinese input.
But it's ugly, and Zhuo Ziyuan doesn't want to send text messages, because the current mobile phone input method is really inconvenient.
So I spent 1,500 to buy 3210, and chose a phone card. I directly reported the mobile phone number I used in my previous life. Yes, I still have it, and I saved 200 yuan.
Zhuo Ziyuan is a long-term person. This mobile phone number has never been changed since he got it. The same is true for his QQ number. It is probably not called QQ at this time, but should be called OICQ. Zhuo Ziyuan has never applied for a QQ number because he does not have one now.
Although the early accounts could be sold for money, Zhuo Ziyuan felt that it was not necessary to earn even this amount of money.
After buying the mobile phone, Zhuo Ziyuan immediately called Lu Tao. As soon as the other party connected, Zhuo Ziyuan said directly, "Hello, Lawyer Lu, I am Zhuo Ziyuan. This is the new mobile phone I bought today. Please save it and I can help you later.
Call me, or text me, and I’ll take the time to call you back.”
"Okay, Mr. Zhuo, you finally bought a mobile phone. I can contact you as soon as possible in case of emergency." Lu Tao was very happy.
"I have something to talk to you about today. Your law firm should be able to assist in acquiring companies, websites, etc."
"Yes, we can handle all legal aspects and conduct due diligence on the company you acquire. However, specific negotiations still require professional personnel. We can check the terms of the acquisition contract to ensure that nothing goes wrong." Lu Tao felt a little bit
It was unbelievable that he had just published a few books, so why did he jump to the point of making an acquisition? He didn't know what Zhuo Ziyuan wanted to do and how big he was planning to do, so he was more conservative.
"Well, let me tell you something. I want to acquire a website called Hao123. Your law firm should be able to help investigate the situation of this website and the contact information of the registrant. I will negotiate with the other party in the future. I will need to
The law firm will draw up the contract." Zhuo Ziyuan thought for a while and decided that he should do the negotiations himself, but the contract should be more rigorous.
"That's no problem. We will investigate this website as soon as possible. I wonder when Mr. Zhuo is going to talk to the other party?" Lu Tao knew that Zhuo Ziyuan was serious, and the investigation information was simple.
"The acquisition is not urgent at the moment. Please help me investigate the situation of this website first, and make phone calls after investigating. The remuneration will be in accordance with the rules of your law firm." Zhuo Ziyuan took the initiative to mention the remuneration.
Chapter completed!