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For Qihoo to transform, there must be a large number of unsuitable technical talents, followed by large-scale layoffs and new recruits. The technical team in the past had never made security products, and everything had to be started from scratch.

From search to security, the span is too large, and there is almost no technical overlap, which is a completely new field.

Therefore, for Zhou Hongyi, Zhou Buqi wanted to accept some of the search talents.

Zhou Hongyi also needed the three former vice presidents of Dongfang Weidian who had been discarded like shoes in Zhou Buqi's hands. Their team is full of security novices with no experience, so they need such experienced management personnel.

The two hit it off almost immediately.

Zhou Buqi hurriedly vaccinated, and jokingly said: "Don't keep all the good ones, throw out a batch of things you don't like."

Zhou Hongyi educated: "You, at first glance, you are not a programmer, and you don't understand technology. Computer technology is updated extremely fast and changing with each passing day. If you want to do well, you must delve into a certain direction. Once you get in, you want to transform. It’s all difficult. Qihoo’s transition to security will make it easier for programmers who are not good enough to adapt. They don’t have enough technology, and they can do the same thing. On the contrary, those who have in-depth research on search technology can’t transform and can only leave.”

"That's right, it's like falling in love. The more money, energy, and heart you put in, the harder it is to break up. Not because of the relationship, but because the investment didn't pay off."

"Well, ah, yes."

"Just like stocks, the more they fall, the more reluctant to sell."

Zhou Hongyi waved his hand, "Okay, don't be so obedient. If it works, it's settled. When I take control of the company and formulate a new strategy, a group of people will definitely leave. At that time, you will send The HR team is going to connect. It is estimated that it will take two to three months."

Zhou Buqi's eyes were full of tentativeness, "Only those employees who have left can I connect with? Isn't this still something you don't like? Or..."

Zhou Hongyi almost died of anger, and quickly interrupted, "What's the matter? You really want to poach my core backbone? Don't you also look down on your three vice presidents?"

have to!

It's too difficult to take advantage of such a boss.

However, after a round trip, it is impossible for Zhou Buqi to have a clear soup and little water, so that no oil or water can be seen.

Sure enough, Zhou Hongyi then mentioned a very important point, which was the purpose of his proactive visit today, "From now on, Qihoo 360 will be a competitor with Dongfang Weidian."

"Really?" Zhou Buqi didn't care, pretended to be generous, and smiled, "The opponent belongs to the opponent, and it doesn't affect our personal relationship. I haven't had time to thank you for the matter of He Yang."

Zhou Hongyi waved his hand, "No thanks, let's talk about shares."

Zhou Buqi feigned surprise, "What shares?"

"Qihoo's shares in your hands!"

Seeing him making jokes, Zhou Hongyi gnashed his teeth a little bit.

Don't think about it, with this attitude, it's impossible not to bleed a lot.

At the beginning, Qihoo did aggregate search and social search, especially social search, which had a lot to do with Friends.com and needed an interface. After several rounds of communication, Zhou Hongyi agreed that Zhou Buqi would get a 10% stake in Qihoo at the price of an angel round, worth 1 million yuan.

Now, he is coming out of the mountain, and he is going to start the A round of financing.

Dilute 20% of the shares, raise $20 million, and the company's valuation is as high as $100 million!

The 10% of Zhou Buqi's shares was diluted by 20%, and the remaining 8% was worth 8 million US dollars!

From now on, the two companies are in a competitive relationship, and in-depth cooperation is impossible. This share must be redeemed. Otherwise, just like Google holds shares in Baidu, it will cause great passiveness to Baidu.

Moreover, Zhou Hongyi was full of confidence in herself.

He believes that Qihoo's future is definitely more than 100 million U.S. dollars, and the sooner the shares are redeemed, the more profitable it will be.

"Oh, that share!" Zhou Buqi slapped his forehead, as if he just remembered it, his brows were furrowed, with a troubled expression on his face, "Old Zhou, if I sell it now, don't I suffer a big loss?"

Zhou Hongyi was about to die of anger, "You've lost money? The stocks you hold have increased by 60 times in just half a year! How can there be such a return on investment in this world?"

Zhou Buqi was talking about business, and said seriously: "Old Zhou, don't look like you can eat people. I know your level, and 100 million US dollars is an underestimate. I plan to hold it for a long time and make a lot of money. Such a good investment opportunity, it's a pity to leave halfway. How about... I'll give you another shot?"

Zhou Hongyi's face darkened, "I'm not in the mood to joke with you!"

Zhou Buqi smiled, this feeling of taking the initiative is really beautiful.

He started to steep the tea leaves and drank the fragrant Longjing tea, "Lao Zhou, from the conversation just now, I got a few pieces of information. First, Qihoo raised $20 million in financing; second, as the company In the transformation, a group of people under you are leaving. Most of these people followed you from Yahoo, and you ended up abandoning them by not doing search and security. The cost of leaving is not low, right? "

Not only is it not low, it is simply sky-high.

In this regard, Lao Zhou is still good, and he has paid a lot of severance pay.

In the previous life, Qihoo raised 20 million US dollars in March, Zhou Hongyi returned, and the company's strategic reorganization, recruitment and dismissal took more than half of it in two months. There was no other way. In June, it urgently raised 5 million US dollars at the price of the A round; the company needed to transform and launch new products, but the funds were still insufficient. Five months later, the B round of financing was launched in a hurry.

At this time, the valuation of Qihoo 360 was already 250 million US dollars, diluted 10% of the shares, and raised 25 million US dollars.

Zhou Hongyi felt like being tricked, and was very displeased, "Then what do you want?"

"Hold it for a long time."

"impossible!"

Zhou Hongyi flatly refused.

What are you kidding?

Zhou Buqi is an angel investor, and his status is higher than that of the capital institutions that came in later. In the early days, it was a strategic partner and had a seat on the board of directors. In other words, he can check the company's internal accounts and some internal information at any time.

The two sides are competitors, what is the difference between this and going to the battlefield shirtless?

Zhou Buqi said: "I think Qihoo will have to launch the B round of financing in a year or two, then I will leave. Lao Zhou, we are friends, but we have to talk about business, who doesn't want to earn more money?" Pen?"

Zhou Hongyi was no longer in the mood to drink tea, and regretted it so much, he felt that he shouldn't have been soft-hearted and let this kid get into the game. It's just that who would have thought, how long it took for him to become the leader in the domestic security market and a competitor.

"Xiao Zhou, you have to leave this time."

"What about the price?"

"I won't let you suffer, just follow the A-round valuation."

In other words, the company's overall valuation is 100 million U.S. dollars, and Zhou Buqi's shares are worth 8 million U.S. dollars. Calculated at the current exchange rate, the price is 63.7 million Huaxia coins!

Zhou Buqi felt that the hand holding the teacup trembled slightly.

too excited!

It's too easy to make money, right?

Sure enough, capital games are the best way for money to make money.

"Is it a little less?" Zhou Buqi steadied his mind and remained calm, "The relationship between supply and demand determines the market price, and a vicious acquisition will command a premium."

Zhou Hongyi took a deep breath, very irritable, "How much do you want?"

Zhou Buqi said calmly: "I think at your level, after a year or two... maybe even a few months, Qihoo's valuation can double. Old Zhou, it's okay. ,I'm in no hurry."

"You are not in a hurry, I am in a hurry!"

Zhou Hongyi was about to leave violently, and suppressed his anger and said: "Xiao Zhou, it's almost done. This investment is enough to be included in textbooks, isn't it enough to earn enough? Even our friends can't do it like you. $10 million! Final offer!"

Zhou Buqi hurriedly appeased, "Don't, don't get excited. If you have something to say, why are you in a hurry? Lost your demeanor. Okay, then I will sell your favor, take a step back, and transfer 10 million US dollars to you. However, I have a Additional conditions."

"explain!"

Zhou Hongyi let out a long breath of relief.

Just say yes.

Zhou Buqi said: "It's still a matter of the technical team. I think... when you join the job, I can send an HR team to follow you and make things clear to the technical talents who do the search. I'm not strong on those who are willing to stay. Dig; if you are willing to leave, you can't force it to stay."

This is fair competition.

Who is more attractive?

Join Ziweixing and continue to do search-related businesses, even other Internet businesses. But the security field is different, it is a completely different direction, and the underlying logic is different.

Staying in Qihoo 360 and making security products... Can it really beat the thriving Dongfang Weidian?

I don't know if he was forced into a hurry, Zhou Hongyi didn't even think about it, and agreed on the spot: "No problem! Let's do it like this! I will find a venture capital institution to take over your shares, and it will be settled within a month."

Zhou Buqi was a little surprised, "Find someone else to take over? Don't you want to take it? 10 million US dollars is nothing to you, right?"

"You don't need to worry about that. I still have something to do, so I won't stay any longer."

Zhou Hongyi seemed to be in a bad mood, he didn't want to talk any more with this cannibal college student, so he patted his butt, got up and left.

...

The new semester will start soon.

In the Xiaonei forum, there was a sticky post highlighted in red and bold.

"In the new semester, what kind of gift will Xiaonei give you?" "

"Xiaonei.com is a website for college students. Its purpose is to serve college students across the country and solve their difficulties in study and life. Last year, we launched Micropoint Security Guard and Micropoint Antivirus to protect everyone's computer security. We also launched The job-seeking website for fresh graduates has deepened the operation mode of group buying.”

"In the new semester, Xiaonei.com has prepared more gifts for the students. A little disclosure, there is a magical input method, a surprise diary, a train ticket buying platform for colleges and universities, and a nationwide The website for female college students allows girls to have their own private space and chat about some topics among girls. Of course, there is also the most important thing, the welfare sign-in of Xiaonei, which will be launched soon!"

"As long as you sign in every day, you can receive benefits!"

"Students, please look forward to it."