"Robin, please listen to Google's conditions.
If Baidu agrees to let Google increase its stake, we are willing to open up the source code of Chrome to Baidu and assist Baidu in developing its own browser.
I believe that if whiteness has the blessing of the browser, the current dilemma will not be a problem.
And now that there is competition from Bing, shouldn't the flow of money be the more the better?
Moreover, the more than $10 million on the Baidu account is not enough to compete directly with Starlight Group.
After Jason finished saying the conditions, he looked at Li Yanhong with a smile and showed confidence.
Although Chrome is still using Apple's open-source kernel, AppleWebkit.
But directly opening up the Chrome source code is not small for whiteness.
This can greatly reduce the whiteness browser development time, thus preempting the market opportunity.
After all, not only foreigners can't stand IE that never updates, but also Chinese netizens are tired of the card's deadly IE browser.
In addition, Google is developing its own browser kernel, and it will not be long before it changes the solution.
The current scheme is given to whiteness without any problems.
"Chrome's source code?"
Hearing the conditions given by Jason, Li Yanhong was indeed a little moved.
Although Baido has no plans to develop a browser, now that Google is in sight, it is indeed possible to try it.
With Chrome's source code, you can not only reduce a lot of development time, but also get a head start in advance.
And with the blessing of the browser, the whiteness product line will no longer be as monotonous as before.
"Mr. Jason, how much is Google going to take?"
Li Yanhong asked in a deep voice.
Faced with the conditions given by Jason, Li Yanhong finally compromised.
If you can get Google's assistance in development, it is also acceptable to release some shares.
Hearing Li Yanhong's question, Jason smiled slightly and said slowly:
"20%!" Google is willing to increase its stake in Baidu by another 20% at a valuation of $1 billion. Li
Yanhong was very cautious about Google's investment before, although he accessed Google's funds in the third round.
But only a small share was given.
At present, Google only holds a 2% stake in Baidu.
If it can increase its stake by another 20%, Google will be the second largest shareholder after Baidu's management.
"Mr. Jason, please don't joke, 20% is impossible."
Faced with Jason's proposal, Li Yanhong didn't think about it and directly refused.
At this time, 20% of the shares are released, and then wait until Baidu is listed.
The possibility of Li Yanhong losing control of Baidu was too great for him to bear.
And the $1 billion valuation did not meet his psychological expectations.
Jason also knew in his heart that it was impossible to directly acquire 20% of the shares.
But the business had to be done slowly
, and with round after round of negotiations, Google and Baidu finally reached a new financing agreement.
Google added 8% to its valuation of $1.1 billion.
After the deal, Google will hold a 10 percent stake in Baidu and get a board seat.
At this point, Li Yanhong also understood.
The purpose of Google's visit this time is to obtain more shares of Baidu.
The previous so-called acquisition of whiteness was just a bluff.
And Li Yanhong really doesn't want to tear his face with Google just like this time.
The release of 8% of the shares, although it has broken his original financing plan, is still within his acceptable range.
Moreover, Baidu has now received another $88 million in funding.
Finally, I have the capital to go head-to-head with Starlight Group.
As soon as he thought of Starlight Group, Li Yanhong couldn't help but want to scold his mother.
If it weren't for them, Baidu would be safely listed in the first quarter of next year.
......
"Congratulations Mr. Jason, this time helped Google get 8% of Baidu's shares, the credit is not small."
After leaving Baidu, the person in charge of De Fengjie smiled and said to the head of Google on the side.
"Hahaha, this time is thanks to Mr. Chris's assistance, otherwise it is really not easy.
This Mr. Robin's temper is fierce.
Jason smiled slightly and said slowly.
"It's good to say, as long as Google doesn't forget the conditions it promised before."
Chris waved his hand.
"Rest assured, even if the future whiteness loses in the competition in Huaxia.
Google is also willing to buy DFJ's shares for a billion dollars.
You can sell your shares to us at any time.
Jason swore assurance.
Chris breathed a sigh of relief and said with a smile.
"With Mr. Jason's assurance, then I can also rest assured.
I wonder what Mr. Jason has plans next? DFJ's side will definitely cooperate well. "
Originally, this time the market share of whiteness plummeted, and a competitor of equal strength appeared.
DFJ's investment in whiteness is basically a failure.
Although it will not be a loss, but take into account the emergence of strong competitors.
This investment, the income obviously did not meet expectations.
Just when De Fengjie's side hesitated, Google suddenly came to the door.
Took the initiative to sign a guarantee agreement with DFJ on whiteness.
The condition was for DFJ to assist Google in order to acquire more shares in Baidu.
And De Fengjie's side almost did not have any hesitation, and directly agreed to Google's conditions.
After all, the conditions given by Google, De Fengjie will not lose no matter what.
Whiteness failed, there is Google's guarantee agreement.
Whiteness is done, and DFJ can continue to hold shares in Whiteness.
"Thank you Mr. Chris for your kindness, but cooperation is not needed, I will go to Fat City next."
Hearing this, Jason shook his head.
And when Chris heard Jason say that he was going to Fat City, he was also stunned, and then showed a meaningful smile.
Is Google going to bet on both ends?
It seems that Google really wants to get the Huaxia market....
......
Feicheng, in Jiang He's office.
Jiang Hezheng, Zhang Xiaolong and Wang Xiaochuan discussed Bing's next development plan.
Although relying on the exaggerated traffic of hao123, Bing has set exaggerated results.
But as a newly launched search engine, Bing obviously lacks foundation.
And the most important heritage is brand recognition.
At present, when domestic netizens talk about search engines, the first thing that comes to mind is whiteness.
In this regard, Bing has not accumulated anything at all.
"Jiang Dong, I don't think you can rush the matter of brand recognition."
Wang Xiaochuan was the first to speak:
"In addition to the search engine project, Sogou also has an input method project, although it is still under development and has encountered many problems.
But after the input method is developed, it will work with a variety of products under Starlight such as hao123 to drain traffic to Bing.
I believe that Bing's brand influence will soon be formed.
Jiang He couldn't help but nod when he heard this.
Needless to say, the performance of Sogou input method in later generations, after its launch in 06, it became the top three Internet products in terms of user scale in just one year.
Even if there is competition between whiteness input method and iFLYTEK input method behind, Sogou is still the top two products in the market share.
"The idea of an input method is good, but how long will it take to develop?"
Jiang He turned to Wang Xiaochuan and asked.
"If you increase the number of project personnel now, it will take half a year."
Wang Xiaochuan thought for a moment and replied slowly.
Previously, when searching for Hu, the input method project was launched at the same time as the search engine.
However, due to the lack of manpower, the project progress of the input method has not been satisfactory.
However, in terms of technical verification, almost everything has been done.
Next, you only need to pile up manpower.
"It's been too long, and now it's the golden period of Bing's development.
After half a year, when the whiteness recovers from the current predicament, it will be difficult for Bing to surpass the whiteness.
Zhang Xiaolong discovered the problem at a glance and immediately said.
..............
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