In the eyes of technology house, Li Mu is the most terrible robber and gangster 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 houses are not sensitive to capital operation. Most of the time, capitalists are pushing them to look to money. For companies like Google, Larry Page is not an expert in playing capital himself. So in the early stage, he was always an afterthought in capital operation. In Silicon Valley, his companies created by technology houses are the same.

Capital operation is something that an enterprise will have the opportunity to contact and learn only after it has developed to a certain extent. It is like the upper level skill of a skill tree, which can only be triggered by the skill points along the way, as is the entrepreneurial trajectory of many companies in Silicon Valley.

Entrepreneurs who don't know how to operate capital often have a single addition route. It's like Zhang San has opened a kebab store and found that the business is very good. So he saved money to open a second store. When he reached the fourth store, Zhang San felt that he had developed to the extreme. When he opened more stores, his energy was totally ignored.

At this time, the capitalists will come to Zhang San's house, first tell him the way of capital operation, and then give him a fund for rapid development, so that Zhang San can build a professional operation team, and then use the capital for rapid fission, four to eight, eight to sixteen, sixteen to thirty-two

Li Mu forced Google to buy Muye & Baidu, which is almost equal to the shell company, in fact, it gave Google an opportunity of fission development at the capital level. However, to get this opportunity, we have to pay a cost, 33.3% of the shares, that is, tickets.

In nature, it's a bit like the relationship between a star's brokerage company and an artist. A powerful economic company has the ability to hold an artist and build him into a top star, but only if the artist has to sign a long contract with the brokerage company with harsh conditions, and even give most of the income to the brokerage company, which seems a little harsh, but it's true It's a cooperation agreement accepted by both sides. When some stars get angry, they turn their heads to fight with the brokerage company, hoping to end the long-term contract ahead of time and get freedom. This is actually a 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 to help Google further develop and grow in the non Chinese search market.

Take a more appropriate analogy, Li Mu is the United States after World War II, with rapid development and magnificent capital; Google is Japan after World War II, once brilliant, but now it is being sanctioned by the United States everywhere, with little chance of turning over. Suddenly at a certain time, the United States decided not to sanction Japan, but to cooperate with Japan, which gave Japan a subversive fate, fast The chance to roll.

Silicon Valley tech geeks don't understand this, but Larry Page, who has suffered, has realized the importance of it.

……

The legal teams of both sides completed the polishing of the terms of the merger and acquisition contract with the fastest speed. Later, Li Mu and Larry Page decided to jointly hold a grand signing ceremony in Yanjing.

Grandness is the same psychological need of both sides.

Li Mu wants the signing ceremony to be more ceremonious because he wants to take this opportunity to send a signal to technology houses and entrepreneurs around the world. The specific content of the signal is: first, if I want to hit you, you can't beat me; second, if you kneel down to me, you won't only be beaten, but will get more;

Larry Page wants the signing ceremony to be long It's more important because he wants to take this opportunity to send a signal to all the capital parties: don't look down on me as before. I have big brother now, and his resources will make me develop rapidly. In the future, big brother may be the first in the world, and I may be the second in the world.

Since it is to be ceremonious, it is necessary to invite all kinds of media to attend. Muye science and Technology Co., Ltd. has contracted the whole main exhibition hall in Yanjing International Convention and Exhibition Center. The area of thousands of square meters is used for the press conference, which can accommodate at least thousands of audiences and various media reporters.

All it media, high-tech industry media and financial media around the world have received the invitation from Makino technology, and even invited many founders, shareholders and executives of domestic and foreign enterprises.

When negotiating the terms of the contract, Li Mu did not bring Robin or any of Baidu's management to participate in the negotiation, because in Li Mu's eyes, although Muye & amp; Baidu is a joint venture between the two companies. However, Muye technology is a major shareholder holding 90% of the shares. Baidu has signed an agreement with Muye technology to act in concert, giving up its voting right corresponding to 10% of the shares. Therefore, Muye technology is the sole owner of any strategic planning and scheme formulation of the company. In this way, there is no need to invite another party to make trouble, Baidu just needs to wait quietly to make money.

However, when preparing for the signing ceremony, Li Mu decided to invite Robin to the site as the second signing representative of Muye & Baidu to sign with Larry Page.Although Baidu cannot be involved in the actual operation, Li Mu cannot put Baidu aside when reaping the results. The signing ceremony is also a strategic achievement of Baidu. Moreover, the company's name is jointly named by Muye technology and Baidu, so it represents Muye & amp; The signing representative of the company, Baidu, can't just be Li Mu alone, which is a kind of respect for the partners.

When Robin received Li Mu's invitation, he didn't respond to it. After a while, he politely refused: "President Li, it's enough for you to represent Muye & Baidu in the signing ceremony alone. I won't go with it. But you can rest assured that I will be there for such a big event."

For Robin, he also hoped to show his face at the signing ceremony, but as a passenger who makes a lot of money by car, he felt a little embarrassed. He always felt that it would be nice to get rich in a dull voice. He didn't need to compete with Li Mu for glory again, so he politely refused 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 need to know that Baidu, as an enterprise developing in the Chinese market, needs to ensure its exposure in front of western capital. Sometimes, the valuation of an enterprise is not entirely determined by the enterprise itself, but also the pursuit of capital. As long as the capital can be robbed, It is possible that the value will exceed 100 yuan. On the contrary, if the attitude of capital is cold, it will not even be worth 100 yuan. "

Robin actually wanted to say yes, but he refused only out of respect for Li Mu. But he didn't expect Li Mu to persuade him to do so, so he thought for a moment and said gratefully, "I understand president Li, thank you for your care, so I'll listen to your arrangement."

Li Mu nodded his head with satisfaction and said, "the most important thing about signing the contract that day is our speech before the signing ceremony. I've also arranged a time for you to make the speech. When Google's Larry Page will be the acquirer, he will give the speech first, and then you and I, as representatives of the acquiree, will give the speech in turn, and then your speech will be arranged before me."

"Good Mr. Li, I'll do whatever you want."

Robin said that he was more grateful to Li Mu. He knew the purpose of Li Mu's arrangement and asked Larry Page to give a speech first, because Larry Page was Party A, so he should be first, and Li Mu let himself in front of him, so he should be worried that his speech after him would be cold.

Li Mu added: "because I am the chairman of Muye technology and have the absolute control of Muye technology, and Muye & Baidu is the subsidiary of Muye technology, I should be Muye & amp; amp; amp; amp; amp; nbsp; in accordance with the law; The actual representative of Baidu signing the contract, so I will sign the actual contract with Larry Page in private in advance. At that time, our on-site signing ceremony will only take one form, so there will be three signing places on our on-site contract, Google is Party A, one signing place, we are Party B, two signing places, one for you and the other for you For me, when we are at the scene, we sign three agreements and exchange them with each other. The signing ceremony is completed. "

"Mr. Li, I see," said Robin

Li Mu said, "one more thing is about capital operation."

"Please," said Robin

"After the signing ceremony, Muye & amp; Baidu will be formally acquired by Google, and then Muye technology will open a floodgate for Google in the field of non Chinese search. Google's valuation is bound to rise. Muye technology and Baidu are both shareholders of Google, with Muye technology holding 29.97% and Baidu holding 3.33%. In this way, Muye technology and Baidu's valuation will also rise. Google's valuation will return to 10 billion US dollars in a short time It's inevitable to be above RMB yuan, and it won't take long to stand on the $15 billion line. If we continue to get resources from Muye technology, the market value of Google will be above $20 billion by the end of this year or the beginning of next year;

at that time, Google will launch IPO. Because of its good concept and prospect, Google IPO will be smooth and get a higher recognition in the capital market However, in this way, the market value of Google will surely soar after it goes public. If the market value of Google breaks through 40 billion US dollars, even if 3.33% in your hand is diluted by 20%, the market value will be more than one billion US dollars, plus the development and growth of Baidu's own business, then you can prepare for IPO. "

Robin asked, "do you mean Baidu will wait for Google IPO to succeed before applying for IPO?"

"That's right."

Li Mu said, adding: "after the IPO of both of you, it's time for Muye technology to IPO. As the holding company of Muye technology, the successful IPO of both of you will play a very important role in the IPO of Muye technology. In this way, the IPO Model of Muye technology will be bigger. The three of us will cross, support and incubate each other The end result is that the market value of the three companies will increase dramatically and achieve a win-win situation. "

"I see." Robin said without hesitation, "we will strictly follow the rhythm of your plan then!"