Rebirth 1999: Opening up the era of black technology

Zhang Ke was a little surprised. He didn't expect that Chen Xiao would take the initiative in the negotiation.

He said: "Please speak."

Chen Xiao asked back: "What does Minister Zhang think the valuation of the 11181 website is?"

I didn't expect Chen Xiao to ask such a question.

Baidu actually conducted a preliminary evaluation internally on the 11181 website and Changtian Technology Company established by Chen Xiao.

When evaluating, there was some surprise within Whiteness.

Changtian Technology not only has the 11181 website, but also a laser Internet cafe management system.

These two things are actually complementary.

There is a free download link for the Laser Internet Cafe Management System on the 11181 website, and as long as you install the Laser Internet Cafe Management System, your web page will automatically be locked on the 11181 website.

At present, the provinces and cities surrounding Jiangcheng are using the laser Internet cafe management system, and the 11181 website has a wider market share.

In particular, the laser Internet cafe management system has a very advanced design concept, and because it is free to download and use, it has almost no rivals once it appears on the market.

Currently, there is no similar type of Internet cafe management software on the market.

According to this trend, in less than two or three years, Internet cafes in most cities across the country should use this management system, and the web pages of these Internet cafes will also be locked at 11181.

Baidu’s internal valuation of the 11181 website is more than 10 million yuan.

But Zhang Ke definitely cannot tell the truth.

Otherwise, it would be bad if Chen Xiao suddenly asks for a higher price.

Zhang Ke said: "If this development trend continues, the valuation should be more than one million."

Staff from the Cultural Affairs Bureau mixed water for everyone in the conference room.

I couldn't help but swallow as I heard people from both sides chatting about millions.

How old is Chen Xiaocai?

He was only seventeen or eighteen years old.

Just build a website and it can be worth millions?

Do you want to be so awesome?

The staff member shed painful and difficult tears thinking about how much he only received a salary of over 500 yuan a month.

Human happiness comes from comparison.

Similarly, people's pain also comes from comparison.

The staff felt that if they were compared with Chen Xiao, their lives would be in vain.

Whether it was one million or ten million, Chen Xiao did not argue with Zhang Ke.

After all, valuations are just valuations. The actual market value of some companies a few years later is much higher than the valuation, and some companies have been shattered after high valuations.

Chen Xiao said: "Since Mr. Zhang has valued the 11181 website at more than one million, can we cooperate by exchanging shares?"

Chen Xiao said: "I can give up 20% of the shares of the 11181 website, and at the same time I want to exchange for 5% of the shares of Baidu."

Chen Xiao Window wants 5% of Baidu's equity, but Baidu will definitely not agree.

But business always has to be discussed.

Chen Xiao said this just to provide an idea of ​​cooperation.

Chen Xiao's bottom line is 1% or 2% of the equity, because exchanging the 11181 website for 2% of Baidu's equity is a free profit for Chen Xiao, just money without any risk.

"I think this way of cooperation can unite the two companies more closely, and we can cooperate better, rather than a simple buyer-seller relationship."

Chen Xiao came up with a set of data, which is the current number of daily visits to the 11181 website.

"Currently, the 11181 website has about 800,000 IPs and 3.2 million PVs every day. Such data is still growing every day. It is estimated that the number of IPs visited every day should reach more than 1 million this year."

"If we customize a white search engine column on our homepage, I think it will be of great help to Baidu's promotion."

The 11181 website is just a portal.

Its life cycle is more than 10 years at most.

In the future, there will be more and more similar navigation websites, and competition will become increasingly fierce.

Therefore, selling at the right time at a good price is the most correct approach.

Now it is quite cost-effective for Chen Xiao to exchange 10% of the website's shares for 1% or 2% of Baidu's shares.

Because Baidu will be listed on Nasdaq in 2005, the market value on that day will reach 4 billion US dollars.

1% of the equity is $40 million.

If Chen Xiao is willing to put Baidu's shares into 2010.

At that time, Baidu's market value was US$38 billion, and 1% of its equity was US$380 million.

Chen Xiao also left a way out for himself by doing this.

If your system fails, or you encounter some difficulties in the process of starting a business, you will still have at least hundreds of millions of dollars to squander in 10 years.

It is obvious that the current Baidu does not know what he will look like in 10 years. He is still struggling with his second round of investment and the current Internet bubble.

Zhang Ke was a little dazed, but he didn't expect that Chen Xiao would actually propose this method of cooperation.

Swap equity?

This is not a bad idea.

But this plan is not part of Zhang Ke’s plan.

Moreover, the proposed 5% equity stake caused Baidu some heartache.

However, this cooperation idea seems feasible.

Zhang Ke has no decision-making power now.

But Zhang Ke is already moved.

Because what whiteness lacks most now is funds.

If we cooperate in the form of equity swap, Baidu will not only not spend a penny, but also get the full support of the 11181 website. It will definitely be a sure-profit deal!

Zhang Ke thought for a while and said: "I have no decision-making power on this kind of cooperation. I still need to report to the head office."

Zhang Ke looked at Chen Xiao and couldn't believe that a kid of seventeen or eighteen years old could come up with this kind of cooperation.

In fact, Chen Xiao has a second way of cooperation.

That is the mutual gambling agreement. Assuming how much market coverage the 11181 website helps Baidu achieve, then Chen Xiao will automatically obtain how many shares of Baidu. On the contrary, if this goal is not achieved, then Baidu will obtain a corresponding proportion of 11181

Shares of the website.

However, Chen Xiao felt that if he proposed such a cooperation method, the possibility of Baidu accepting it would be lower than the first method, so Chen Xiao did not mention it.

The two parties have discussed the specific details of cooperation.

Zhang Ke's assistant kept typing on his laptop, recording the content of this conversation.

After the meeting is over, Zhang Ke will immediately report the current situation to the company, hoping that the company can make a decision as soon as possible.

Chen Xiao and Zhang Ke exchanged phone numbers and agreed to contact each other by phone before leaving the Cultural Bureau.

Chen Xiao breathed a sigh of relief when he returned home.

He was a little lucky that he chose the right technology points.

Around 2000, it was indeed easier to get initial capital for the Internet than for entities.

Chen Xiao has already done everything that needs to be done, and the only thing left is to look at the time.

And Zhou Quan is regretting his choice.

The Fukang car parked in the alley was smashed to pieces at some point, and even the wheels were removed and it was unknown where it went.

There are not so many surveillance systems on the roads in this era.

Even if Zhou Quan went to report the matter to the police, most cases like this would end in vain.

Zhou Quan, who was very depressed, walked home.

Suddenly, his eyesight went dark, and a linen bag was covered over his head.

"Who!?" Zhou Quan asked nervously.

Before he finished speaking, he felt a pain in his back.

He hit himself with random sticks.

"Ouch! Don't hit, don't hit!

"

In addition to pain, it was still painful. Zhou Quan screamed loudly, but no one paid attention.

I don't know how long it took, but Zhou Quan, covered in blood, woke up from his coma.

In the alley, there is nothing except garbage and filth all over the floor...

Yanjing Baidu Headquarters.

Li Yanhong looked at the email sent by Zhang Ke and fell into deep thought.