2004 was definitely an extraordinary year.
From the listing of Sina at the beginning of the year, there was a list of vine training in the middle of the year, and at the end of the year, Shengda went public again.
Everyone seems to have said that several well-known Internet companies rushed to go public.
Countless Internet practitioners can't help but wonder whether the golden age of the Internet belonging to China is coming.
And Li Yanhong, who is white, also thinks so.
Since 2002, when Baidu imitated Google to launch auction rankings, Li Yanhong began to prepare for listing.
This year, in order to promote the listing, a lot of energy has been spent.
It's just that the current whiteness, the business model is too single.
Although it has barely made a profit through the auction ranking, the risk of listing is not small.
In order to ensure the stock price after listing, Li Yanhong intends to expand the product line of Baidu.
As the first step in expanding the product line, Li Yanhong looked at a website called hao123.
For Li Yanhong, the difficulty of developing this website is simply outrageous.
Just find a college student who has just learned to program and you can easily develop it.
But miraculously, hao123's daily visits are ridiculously high.
According to the data released by webmaster Li Xinping, the daily visits of hao123 have remained at 8 million for a long time, and the highest daily visits once reached 20 million.
You know, the number of Internet users in the country is currently just over 70 million.
The website with an average daily visit of 8 million, looking for the entire Internet, I am afraid that this is the only seedling.
Even if whiteness is in the limelight, it is not superior.
Since Baidu began to introduce auction rankings, Li Yanhong has discovered the preciousness of visits.
According to the evaluation of the value of traffic within whiteness, the traffic value of hao123 is at least 500 million.
And the webmaster of hao123 obviously did not understand the value of the website.
A homepage top advertisement, the monthly advertising fee is actually only 100,000 yuan.
After Baidu's internal calculations, all the advertising expenses of hao123 add up to each month, not even one million.
Coupled with the fact that at least 40% of Baidu's traffic is now imported from hao123 every month, Li Yanhong has become very urgent to buy hao123.
It's just that when Bai Du's side is ready to send someone over to communicate.
Li Xinping has actually sold the website.
This directly caught Li Yanhong off guard, after all, in order to buy the website, he scraped together 50 million in cash.
This is already half of the cash reserves of Baidu.
When Li Yanhong learned which company bought the website, he fell silent directly.
It was Starlight Group that bought hao123, and the price given by the other party was 100 million.
After receiving the quotation from Starlight Group, Li Xinping did not hesitate at all, and directly ran to Feicheng happily and reached a cooperation with Starlight Group.
After all, that's 100 million!
Although hao123's annual revenue is almost 10 million, it can also earn 100 million in ten years.
But who knows what will happen in ten years, and it is more important to put the bag in peace.
Li Xinping happily sold the website, but this directly put the entire whiteness in trouble.
You know, it was Starlight Network that bought hao123!
The volume of the starlight network is not comparable to the whiteness of the current one.
Moreover, hao123 has a very important drainage effect on whiteness.
If Starlight moved the mind of being a search engine, relying on the traffic of hao123.
Isn't whiteness directly born a strong competitor in China?
And as soon as this opponent was born, he had a volume of 40% whiteness!
This point, spending 100 million yuan to acquire Hao123 Starlight Group, it is impossible not to expect.
You know, Baidu's search department, many people have already mentioned leaving.
Behind this, it should be inseparable from Starlight Group.
Faced with such a situation, Li Yanhong has held meetings with several executives for a week, but he has never come up with a reason.
"Mr. Li, I think the current main thing is to see the attitude of Starlight Group, we have a meeting here, and we can't have a reason."
Vice President Liang Zhixiang spoke.
Hearing Liang Zhixiang's words, Li Yanhong couldn't help but show a wry smile.
Of course, he knew that it depended on the attitude of Starlight Group now, but Starlight spent 100 million to acquire hao123.
But at present, there is a total of less than 15 million US dollars in Baidu's account, which was just raised not long ago.
You must know that Li Yanhong is very cautious about financing, and has only accepted a total of three financings so far.
The founding team of Baidu currently holds more than 55% of the equity and 67% of the voting rights.
If you go to the door to contact Starlight Group now, you don't need to think about it, the other party will definitely open your mouth.
At this moment, Li Yanhong is also very regretful in his heart.
On the whiteness side, the drainage effect of HAO123 was discovered last year.
It's just that after studying the technical group on the whiteness side, it feels that the difficulty of hao123 replication is too low, and there are no technical barriers at all.
Coupled with the shortage of Baidu funds at that time, it has not been bothered.
I didn't expect that the humble gadget at the beginning would now become the lifeblood of Baidu.
Looking at the conference room, a group of demoralized executives.
Li Yanhong knew that he had to do something.
Taking a deep breath, as if he had made up some determination, he slowly spoke: "
In this way, I will personally go to Feicheng and talk to Zhang Xiaolong."
When the executives heard that Li Yanhong planned to go to Feicheng in person, they all breathed a sigh of relief, and finally recovered a little fighting spirit.
These executives really don't want to see Baidu compete with Starlight Group.
Not long ago, Sogou just launched a search engine, which has already caused Baidu a headache.
If there is another starlight at this time, Baidu's listing plan this time may not be small.
......
November 2.
Obviously, yesterday's Feicheng was still abnormally hot, but today it was cold overnight.
Within two steps of the pedestrian wearing short sleeves out of the house, he was frozen back and added clothes.
Li Yanhong was very fast, just after a meeting with senior executives, he bought a plane ticket and flew to Feicheng the next day.
Looking at this inconspicuous "small city", Li Yanhong was still surprised that Starlight Group was born here.
Turtle elites like Li Yanhong naturally cannot choose such a city to start a business.
After coming to Feicheng, Li Yanhong didn't want to delay for a moment and went directly to Starlight Group.
Entered Starlight Group and reported his identity.
Li Yanhong also met Zhang Xiaolong, the general manager of Starlight Group, as he wished.
Zhang Xiaolong has always been the vice president before, but a large number of things in the company require Zhang Xiaolong to personally appear.
The identity of the vice president is somewhat out of place.
And Wang Yiheng cares about the identity of the general manager.
Anyway, the salary is the same, and he just wants to concentrate on the Internet café business he is responsible for.
"Mr. Zhang, I've admired you for a long time."
Li Yanhong's posture was very low, and as soon as he came, he took the initiative to shake hands with Zhang Xiaolong and say hello.
"Haha, I have also been friends with President Li for a long time!"
No matter what, Li Yanhong is also an Internet senior.
Zhang Xiaolong should still give face.
After a brief exchange of pleasantries, Zhang Xiaolong took Li Yanhong to his office.
.........................
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