Chapter 891

In mid March, Google's chairman's office was crowded with many people.

At this time, Li Feng, Larry and Sergei sat around a desk and signed their names on a document with pens.

"Pa pa..."

As Li Feng, Larry and Sergei signed their names respectively, there was a burst of warm applause around them, which also marked that their repurchase agreement was officially reached.

"John, thank you for your support!"

"Thank you, John!"

Larry and Sergei spoke one after another and said gratefully to Li Feng.

"Well, needless to say these words of gratitude. I don't suffer a loss, do I?"

"Well, John, when will Sergei and I pay you for the acquisition?"

"How... Did you raise the money?"

"Er... We talked to banks and investors. It's not a big problem."

"Do you need my help? Well, you can talk first. If the conditions are harsh, I can help you contact CSCB Silicon Valley branch. How about it?"

"Really, John, thank you so much!"

“…”

……

This time, they bought back 5% of their shares again. It's not that they don't want to buy back more. First, Li Feng is not willing to give up more. Second, they don't have so much money. After all, they are not a super rich family and it's not easy to raise funds.

In other words, they already have 15% of Google's shares, and this time Google negotiated according to the valuation of $400 million. I have to say that the valuation is really not high.

When Google was first founded, Li Feng talked to both founders about Google's future development plan. Although he did not put forward the bidding advertising model, the establishment of an independent portal search website in the future is also an established development direction, which is one of the reasons why Google will be sought after by Silicon Valley venture capital.

Many people believe that since St. John Lee had the idea of launching a search portal that belongs only to Google when he founded Google, according to Li Feng's consistent idea, he must have deep meaning. The biggest possibility is that there is a new profit model of Google. At the beginning, Yahoo was the profit model first proposed by Li Feng.

It has to be said that a group of people who can become the top in the world always have a very delicate mind. From the clues, I feel Li Feng's attention to Google, and Li Feng's forward-looking vision has been recognized by everyone. It is difficult for Google to be sought after.

As for paying a total of 10% of the shares again, Li Feng also thinks it is worth it. After all, for the time being, the company is really inseparable from the two founders, and this contract also makes various restrictions. For example, the two can only work in Google in the future unless they retire directly.

For example, the shares in the hands of the two people now, if the two people want to sell, the company has the preemptive repurchase right, etc., which limits the possibility of share outflow.

In short, the two were completely tied up this time, and there should be no such problems in the future.

To a certain extent, it is still a perfect strategy to rush outside and settle inside first.

……

Similarly, it has become a fact anyway, and Li Feng naturally did it generously. It is said that if Larry and Sergey talk about borrowing with the VC capital who encourage them, the conditions are too harsh and they will help themselves, which can also be regarded as an ambush in their hearts.

After all, if it weren't for the instigation and provocation of these dark water behind the scenes, even if Larry and Sergey really wanted to, they could only think about it in their hearts. Even if they were not and disgusting, they could make their hearts more comfortable.

After seeing off the company's lawyers and others, only five people remained in the office, including Li Feng, Eric and Larry.

"OK, we should celebrate the completion of such a signing, but we all know the current situation. Let's celebrate together after Google officially completes the financing. Today, let's simply have a glass of champagne. I think Larry and Brin, you two should not object!" After signing the contract, Li Feng said to them with a smile.

"John, where? Now Google is at its busiest time, and success seems to be right in front of us. We naturally hope that Google will get better and better. After completing this round of financing, we will celebrate the best at that time."

"OK, let's talk about the financing of Google and even Feixun."

"Recently, Eric helped us get in touch with a lot of people."

"OK, Eric, tell me about your recent contact?"

"OK, let me talk about it. Recently, Google has received too many financing quotations. There are..."

……

Listening to Eric barabara's narration, plus Larry and Sergei's occasional interruptions and additions, plus Li Feng's attention and understanding of some situations recently, Li Feng also has a detailed and clear understanding of Google's financing.

Recently, some investment institutions seem to have made an appointment. The overall valuation quotation of Google is between us $300 million and US $500 million, including Sequoia Capital, Intel investment group, KPCB and other large venture capital and investment institutions. They all chose us $500 million, the most undervalued value that Li Feng thought at that time.

According to Li Feng's idea, it was only 10% to raise more than $50 million, which was enough for Google to burn money until the end of the year. When it was appropriate next year, it launched its own portal and began to launch competitive advertising. Unfortunately, only 10% of the shares of these venture capital could not satisfy them.

For example, Sequoia Capital and KPCB all hope to obtain more than 30% of the shares. Of course, the financing scale of Li Feng's company has been used by investors in Silicon Valley and even the United States. Every time Li Feng's company financing, the scale is far larger than the first round of financing of Silicon Valley companies.

From the original Yahoo to Feixun, to today's Google and so on.

After discussing the situation of Google, we finally came to the conclusion that we can only negotiate slowly, but we also gave the bottom line. This time, we raised up to 20% of the shares. The more shares we gave up, the higher the financing valuation. Let's talk according to this plan.

"Eric, how are you talking with Da Mo and Goldman Sachs? If Feixun skips financing and goes public directly, will it be hindered?" After Google's discussion, Li Feng turned the topic to Feixun again and asked with a smile.

"Listing?"

"Isn't it financing?"

“…”

……

As soon as Li Feng's voice fell, Larry and Sergei asked in surprise. At this time, the two people were really shocked. They said that Feixun was preparing for financing. How did it suddenly become listed.

"It's nothing to be surprised. Today's Feixun has developed rapidly, achieved a balance of revenue and expenditure, and there is no lack of development funds. In this case, last time people from Damascus and Goldman Sachs came to the door and said that since it was financing, it would be better to go directly to Nasdaq for listing. I thought the proposal was good at that time, so I tried to contact it first." Li Feng explained with a smile.

"Wow... Eric, Congratulations!"

"Congratulations, John and Eric!"

Listening to Li Feng's explanation, Larry and Brin were shocked. Then they congratulated Li Feng and Eric Schmidt with envy.

"Larry and Brin, you two don't have to envy. I believe as long as you can keep a heart with the boss, I don't think the boss will treat you badly. You've been in contact with the boss for so long. You should also have a certain understanding of the boss and know who he is, don't you?"

"Well... Don't worry, Eric. Brin and I will be one with John in the future."

"Yes, yes..."

"You, don't worry. As long as we keep one heart, whether Feixun or Google, we will become heroes in the Internet era and surpass Yahoo in the future. I am very confident in this."

"Beyond Yahoo...!"

"Long live beyond Yahoo!!"

"Ha ha..."