Rebirth of the 92 Business Tycoon
Vol 4 Chapter 47: Not kind
Chapter 47—Unkind
Google, the door of the meeting room.
"Hi, Feng," Peppa gave Feng Yiping a warm hug. To be honest, Feng Yiping refused to do this action, "Brother, did you sleep in the office again last night?"
"It seems more than last night," Page actually thought about it.
No wonder it!
"Hi, Feng," he was hugged by a bear from behind as soon as he drove the smell from his nose. From the furry touch, he knew that this was Brin with a beard.
What kind of evil did I make?
However, with such treatment, Schmidt, who was standing by with a smile, was actually very envious in his heart. He really hoped that, like Feng Yiping, he could be as close as Peppa and Brin.
After sitting down, Feng Yiping looked at the two, and his face was full of red light, and he was very happy, "Is there anything happy? Has the development of our new product been completed ahead of schedule?"
Page and Brin smiled, "That's not true. Of course, everything is going well. As for the happy thing, isn't there a thing in front of me?"
"You said, what is the right price for Yahoo?"
Is this the situation? How could Google now agree to be acquired?
"Does this option exist?" asked Schmidt, who was also confused about the situation, "it shouldn't exist."
"Of course there is no such option, but, quotation, you can have," Feng Yiping found that when Page said this, he seemed to think of something, and laughed extraordinarily, and Brin did the same, he seemed to be finally finally The meaning of waiting until this day.
In this, is there any internal information that you don't know?
Looking at the happy two, Feng Yiping glanced at Schmidt, and found that he was also completely unknown, shrugged helplessly at Feng Yiping.
The reason for this is really only known to Page and Brin.
For Yahoo and Google, it can be said to be a vivid interpretation of the typical back wave pushing the front wave and the front wave dying on the beach.
It can also be said that love and kill each other, the evil fate of karma.
Google once hoped to be acquired by Yahoo, but Yahoo refused; Yahoo hopes to acquire Google, but Google refused...The final result, of course, everyone knows, Yahoo went bankrupt, and Google is capable of taking over, but it depends on whether it wants to.
Even, one of the biggest mistakes in the history of high technology listed by some people is that Yahoo, which once had the opportunity to acquire Google, missed such a good opportunity for nothing.
In fact, drawing such a conclusion is not very objective.
Yahoo had the first opportunity to acquire Google in 1997.
Page and Brin, who were still studying at Stanford, successfully developed BackRub (web crawler—the core technology of Google’s search engine. Yahoo at that time, as the most successful portal site in the world at the time, had already gained the limelight. No difference.
It is said that Page once took his own results to Yang Zhiyuan and Filo, hoping to sell his own technology at a price of 1 million US dollars, but Yahoo has no intention to buy it.
Based on this, many people said that if Yahoo decided to acquire Google at that time, there would be no subsequent decline.
But those who said that ignored a big problem. They only saw the success of Google afterwards, and then took it for granted that Google would be equally successful when it came to Yahoo.
Not at all.
With only Google's core technology, without Page and Brin, can Yahoo make another Google based on BackRub?
Obviously not.
Google's success is inseparable from the efforts of Page and Brin, in addition to technology.
This can be seen from the outcome of those companies acquired by Yahoo.
Over the years, Yahoo has spent a total of nearly 20 billion U.S. dollars to acquire many companies that seemed promising at the time. Unfortunately, most of these acquired companies disappeared silently. Without a trace.
If it has not been acquired by Yahoo, and if those companies persist, there may be companies like Google that have developed better than Yahoo later.
In short, after being rejected by Yahoo, Page and Brin continued to improve their technology and established their own Google company in 1999. The entire investment of the company was also their self-raised $1 million.
At that time, thanks to the intensifying Internet bubble at that time, Yahoo's market value was close to 130 billion U.S. dollars!
It is the Internet industry, the first company with a market value of over 100 billion US dollars.
At that time, even the legendary Buffett and his Berkshire were reduced to Yahoo's background board, and it was a background board that was violently stepped on by investors. It is generally believed that Buffett is a figure of the past, like Yahoo! The company is the hope for the future.
The weak Google, in order to survive, in order to undertake its search business, has to rely on the nose of the giant Yahoo to survive.
Before reaching the cooperation intention, Google once had such a request, "Can you let Mr. Yang Zhiyuan or Mr. Filo come to our company and say a few words?"
This is also very easy to understand. Just like many domestic companies who can invite Erma Yili from BAT and later Rebs to give speeches at the company, the little Google at that meeting also looks forward to Yang Zhiyuan and Filo, At that time, the two biggest idols in Silicon Valley and the American technology industry came to show their faces in their companies, to encourage their employees and improve their company's style.
However, Yahoo does not step on such a request...
These two times, it should be Yahoo, the first wave that was finally shot dead on the beach, and the two most hurt to the back wave Google.
Naturally, such things are not a problem for Yahoo at all. They probably don't remember them at all.
Giants have always paid no attention to the shadows that they have deliberately or unintentionally brought to the weak individuals around them in the process of their growth, just like how did elephants care about the feelings of ants? Glancing at it occasionally is already a favor.
But for Page and Brin, this is an experience they will never forget and let go of.
Therefore, the psychological feelings of Page and Brin can be accurately summarized in a Chinese saying, that is, it is really thirty years in Hedong and thirty years in Hexi!
So these geniuses, like everyone else, are also very careful in some things.
"How about $3 billion?" Page asked.
"US$3 billion? Do they have such great courage? Look at the comparison with the previous two years. If you remember correctly, their current market value is only a fraction of US$100 billion at the peak of 2000," Brin said. Said with a nice smile.
Isn’t it right? In 2000, Yahoo’s market value reached more than 130 billion U.S. dollars. Now, it has dropped to more than 30 billion U.S. dollars, which is just a fraction of the peak.
"If the first round of quotations is less than 3 billion US dollars, it is not normal. I think at this price, Schmidt, the first round of quotations, can I trouble you?"
To be honest, Schmidt rejected such a thing from the heart.
However, Peppa and Brin are rarely in such high spirits. At this time, saying something cold water, or a serious warning, is very undesirable, and it can only make themselves a less popular person.
Offend Yahoo or offend Page and Brin, does this still need to be selected?
"Okay," he agreed simply.
"We'll leave the meeting if nothing else," Peppa rubbed his hands. "It's getting off work soon, Feng, go fight with us?"
Feng Yiping hurriedly refused, "I'd better be a loyal audience."
Rugby is not a sport for a beautiful young man like me.
"Listen to me, have a good fight, get out of a sweat, take a good bath, and then have a big meal. It's also a little relaxation for yourself, okay? I'll treat you!"
These two guys are really desperate this time.
"Hey, listen to you, you are ready to bleed," because they are in a great mood, they are rare to talk today and are willing to leave their work temporarily.
"Hi, Feng," Peppa and Brin greeted. Many farmers who were as sloppy as them called to change their clothes. Meyer stood in front of his office and waved to Feng Yiping.
"Hi beauty!"
Meyer has a very deep understanding of Feng Yi's lip service from time to time, but in fact he is really timid as a mouse. As long as he says something bolder than him, he is sure to shrink back.
So Meyer shook his head, "Some members of the advance team, feedback some situation...,"
After the WHO removed the capital from the epidemic area, Google immediately sent another team back to China. However, this time Mayer did not accompany it, but she was still paying attention to the progress there.
"I won't talk about work now," Feng Yiping waved his hand and sat on the sofa, "I will invite Peppa and them to dinner tonight. Come on, too."
"They are actually willing to go out for dinner now?" Meyer was a little bit disbelieved. Then, seeing Feng Yiping's hand, fumbling around on his sofa again, his face blushed.
She can clearly remember that time, Feng Yiping took a few bites of bread, snacks, and the clothes she changed from her sofa.
She picked up a document and threw it at Feng Yiping, "What are you looking for?"
"What else can I look for?" Feng Yiping looked innocent, "You don't know my recent movements, of course you are looking for coins in it."
Although he knows that this is not his true purpose, his reason is very strong and legitimate, but Meyer is not covered, "Your shamelessness really grows faster than your age,"
"Maybe I'm with you often," Feng Yiping said smoothly.
Seeing the other side glaring at him, he said immediately, "Don't be busy, Page and they decided to play a game. The most beautiful beauty in our company is not there. How can those guys be motivated? Let's go, let's go together,"
In this case, Meyer still likes to listen, "Then wait for me,"
Feng Yiping looked at the busy Mayer, but his thoughts drifted far. Speaking of which, the person in front of him is also the last CEO of Yahoo. It is difficult for Feng Yiping to imagine how much Mayer will bear under such circumstances. What kind of pressure do you feel inside?
Anyway, it won't be easy to think about.
When Meyer looked up, he saw Feng Yiping staring at him in a daze. In his eyes, he seemed to be pitying?
She wanted to ridicule, but finally did not say it.
I have to say that Xiao Xianrou's gaze is quite lethal even for a sister like her. Her heart beats faster, and then she involuntarily raised her head and abdomen to show her best side.
…………
Terry Semel, chairman and CEO of Yahoo!, who is full of Huafa, arrived at Google with a capable team.
The reception at Google was also very grand. CEO Schmidt was personally waiting at the door of the company, and he was very enthusiastic. The enthusiasm made Yahoo's group feel as if they were already a family.
As everyone knows, this is Schmidt's effort to make Terry less complaining about himself later.
In short, the talks went smoothly unexpectedly. Three hours later, Yahoo and his party left Google excitedly. Terry Semel’s bag contained all the conditions that Google proposed.
Moreover, Google’s offer was lower than their expectations.
Terry Semel quickly convened Yahoo's board of directors and reported on the first round of talks.
"3 billion dollars?" Many directors asked.
Even if Yahoo is not as good as the previous two years, but Yahoo at this time is also not bad for money. For a company like Google, the $3 billion offer is really very cost-effective.
"Then what else to consider? Of course I agree."
…………
Terry Semel led the team to Google for the second time, only to find that the person receiving him was a very young Asian guy, "You must be Feng, lucky to meet!"
"Hello Mr. Semel, please sit down,"
"Feng, on behalf of Yahoo's board of directors, I formally agree to your offer," Semel said straightforwardly as soon as he sat down.
"Sorry, entrusted by Google's board of directors, I am sorry to inform you that most of Google's shareholders do not agree with the first round of quotations."
“They believe that US$3 billion is far from enough to show the value of Google. After several rounds of intense negotiations, Google’s board of directors decided that US$6 billion is a fair price.”
"Of course, other conditions remain unchanged," Feng Yiping emphasized.
The enthusiastic group of Yahoo ~www.wuxiaspot.com~ immediately wilted, but Terry Semel was not among them. He had already estimated that this kind of repetition was $6 billion, right, but it did not exceed that. Their final offer.
"I express my outrage at your company's behavior,"
Feng Yiping spread his hands very innocently, "I also ask Mr. Terry to understand that we must respect the opinions of shareholders."
"Your company's new offer, I think it overestimates the market value of Google, and we cannot accept it,"
"Moreover, the offer this time is exactly twice that of the previous one. It seems that this is not a very rigorous decision. I want to know, what is the basis for your price increase?" Terry Semel knocked on the table and said.
"This is the financial basis for our quotation." Feng Yiping took out a report prepared by Page and the others. "I'm sorry, this is the resolution of our board of directors. This point cannot be changed."
"Then we need to call a board of directors to discuss,"
"I understand that we are waiting for good news from your company, and we are also looking forward to our next meeting," Feng Yiping said with a smile. (To be continued.)
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