Last night, Fan Xiaopang tormented Cao Mang until midnight. This time she won for the first time. She knew that Cao Mang had just been squeezed by Sakurai Yumi, otherwise she would not dare to be so arrogant.

"You bitch, how dare you laugh at me? Wait until I recover and see how I deal with you." Cao Mang held his waist and went out early in the morning.

Before Cao Mang left for the capital, he asked Sakurai Yumi to help make an appointment for Baidu Li Yanhong.

In February 2000, Baidu sold 2.4 million convertible preferred shares at 0.25 cents per share in exchange for $1.2 million in financing, but the money did not last long.

By September 2000, Baidu once again found its previous investors and sold 9.6 million convertible preferred shares at US$1.04 per share, giving Baidu US$10 million to continue its development.

Baidu was still very cheap at this time. How could Cao Mang let Baidu go? He believed that they would not refuse to buy back the shares of Venture Capital at three times the price.

...

At around 10:30, Cao Mang was led by the front desk to Li Yanhong's office.

"Hello, Mr. Cao." Li Yanhong greeted with a warm smile.

"Hello, Mr. Li, I have been a close friend of you for a long time." Cao Mang said with a smile.

"Mr. Cao and I have been close friends for a long time. Our company is using Qilin's products." Li Yanhong replied politely.

"I am also using Baidu's engine. After all, Baidu understands Chinese better than Google." Cao Mang said with a smile.

Li Yanhong felt as if he was enlightened when he heard Cao Mang's words, and then Li Yanhong shouted "Okay" three times in a row.

"I wonder what Mr. Cao is here for this time?" Li Yanhong asked with a smile after the two sat down at the tea table.

"I came here for two things. The first thing is to ask Mr. Li for help in acquiring the stocks sold by Baidu. The second thing is to acquire Baidu's shares." Cao Mang said with a smile.

Good guy, it turned out that the other party came to ransack the house.

"Mr. Cao, Baidu has no idea of ​​selling shares for the time being. As for if you want to acquire the shares that have been sold, you can directly contact IP and PCF." Li Yanhong refused without thinking.

Firstly, it is because Baidu is not very short of money now, and secondly, it does not want to sell the company's shares at a low price, otherwise Baidu will not raise funds in the form of convertible preferred shares.

"Mr. Li, do you know how many users Qilin has?" Cao Mang asked with a smile.

"I don't know." Li Yanhong shook his head. After all, Qilin has never released this data.

"Kirin has 280 million users so far, and 90% of users are using Kirin. If these users are imported into Baidu, Baidu will definitely become China's number one search engine.

In addition, 90% of the Internet cafes in the country are currently maintained by the Kylin Network Alliance. Whose software the Internet cafes use to access their websites is something that the Kylin Network Alliance can control.

In addition, 99% of computer users have Kirin Computer Manager installed. If Baidu is not willing to cooperate with Kirin, Kirin will have no choice but to develop its own search engine." Cao Mang said with a smile.

Kylin Network Alliance can control which software is used to access which website in an Internet cafe. Ninety-nine percent of computer users have Kylin Computer Manager installed.

If Baidu is unwilling to cooperate with Kirin, Kirin will have no choice but to develop its own search engine.

Good guy, Li Yanhong finally understood. The other party was obviously threatening him when he said these words.

No, this is not a threat, Qilin can really do it.

"I wonder how many shares of Baidu Mr. Cao wants?" Li Yanhong asked with a dark face.

Although he really wanted to fall out with Cao Mang, Baidu didn't have the capital.

"Kirin repurchases the stocks that Baidu has sold, plus US$10 million and the interface of Kirin Universe as bargaining chips, to acquire 49% of Baidu's shares." Cao Mang said with a smile.

"Kirin cannot interfere with Baidu's operations, and Kirin cannot interfere with subsequent financing." Li Yanhong said after three minutes of silence.

Robin Li actually wanted to resist, but he couldn't resist at all. Compared with the two, he was like an elephant and an ant.

There is no opponent that can compete with Qilin in this situation.

Ninety percent of the users come from Internet cafes. Unless computers become as popular as ordinary home appliances in three to five to seven years, and the real Internet era arrives, they may still have a little hope to compete in the arena at that time.

"Yes, but domestic capital must be given priority in financing. I don't want too much foreign capital involved," Cao Mang replied.

"Mr. Cao, it's a pleasure to cooperate." Li Yanhong stretched out his hand and said with a smile.

Oh, this kid, his face changes faster than turning the pages of a book. His face was dark just now, but now he is smiling.

"Mr. Li, it's a pleasure to cooperate with you. I'll leave it to you to buy back the shares. Just tell me the price after we've negotiated." Cao Mang shook hands with the other party and smiled.

"Mr. Cao, aren't you afraid of eating a section in the middle?" Li Yanhong asked with a smile,

Li Yanhong found it a bit incredible that Cao Mang actually left this matter to him and could earn tens of millions with just a few simple operations.

"As long as Mr. Li doesn't treat me as a fool." Cao Mang laughed.

"We are all partners now. Since Mr. Cao believes in me so much, how can I let you down?" Li Yanhong said with a smile.

When Baidu signed a contract with venture capital, these preferred shares were redeemable, but the interest was much higher than the market, and 16% interest was required to be paid every year.

"Then I'll trouble Mr. Li." Cao Mang replied.

The matter was finished and Cao Mang was about to leave. Li Yanhong wanted to retain Cao Mang, but Cao Mang declined.

It was nothing more than wanting Cao Mang to have a meal with the seven founders of the company.

"Mr. Li, I came to Beijing this time not only to invest in Baidu, but I also have other things to do and my schedule is tight. Let's have dinner together next time we have the opportunity."

None of these founders accompanied Li Yanhong to the end.

So there is no big difference whether you see it or not.

...

Because Liu Tianxian had no classes in the morning, he ran to Cao Mang's courtyard early in the morning. Unfortunately, he didn't see anyone. At this time, Fan Xiaopang was still lying on the bed and sleeping in. Huang Xiufen was the only one chatting with her.

I didn’t leave the courtyard until noon.

"Master, you came back just after Miss Qianqian left." Huang Xiufen said after seeing Cao Mang return.

"I haven't seen this girl send me text messages either," Cao Mang said.

"I guess I was afraid that you were busy, so I didn't bother you." Huang Xiufen said with a smile.

"Have you gotten up yet?" Cao Mang asked.

"I didn't see anyone in the morning, so they were probably still sleeping," Huang Xiufen replied.

"I understand. Sister Huang, please ask the chef to prepare lunch." Cao Mang said.
Chapter completed!