Rebirth of the internet boss

Chapter 204 Dictatorship (Second Change)

Li Yanhong also knew Li Feng's idea in his heart, that is, to take advantage of Baidu's listing before it was listed, and then cash out after listing.

It's just that even Li Yanhong himself doesn't know how much Baidu's stock can rise. Does Li Feng have such confidence in Baidu!
Of course, Li Feng is not full of confidence in Baidu stock, but too full of confidence in Baidu stock!Because of Google’s gold and jade in the front, when Baidu goes public next year, Baidu with the slogan “China’s Google” will become the strongest new stock in the United States in the past five years.
In the capital market, sometimes vision is more important!As long as your "imagination space" is bigger, the value of your stock will be higher!

Just like when Amazon loses more money, the stock rises faster, but when it makes money, the stock price falls, because the more you lose money, it means that you still have potential to tap, and the greater the "imagination space"; when you make money When it is time, it means that your potential has come to an end, and the "imagination space" is like this.

Therefore, when a Baidu listed under the name of "China Google", with the addition of the blessing of Chinese concept stocks, Baidu became prosperous on the first day of listing. The issue price was 27 US dollars, the opening price was 66 US dollars, and it closed at 122.54 US dollars, an increase of 353.85%, and if you buy it in advance now, you can at least have 5 or 6 times the income, which is much more than any real estate income.

But Fengrui needs money especially now. Whether it is the investment of Fengrui X laboratory or the construction of the "patent pool", it needs a lot of money, and it also needs a lot of money. Under normal circumstances, we can only sell some products with full potential to cash out. If we can get the original stock of Dianbaidu, then the value could not be better.

And Li Yanhong also knew that since Li Feng dared to give him 5000 million MY123 for free, the investment must be very large, so Li Yanhong asked Li Feng uncertainly: "Then Mr. Li, how much do you plan to invest?"

Li Feng turned around and asked Liu Zhiping, "Then what is the valuation of Baidu now?"

This is Liu Zhiping's strength. Liu Zhiping said directly: "Five or six billion US dollars, but I think the listing can reach more than 10 billion US dollars, but it is unlikely to exceed 20 billion US dollars."

Liu Zhiping’s valuation of Baidu is also reasonable, and the market expectations for Baidu are also reasonable, but everyone would have thought that when Baidu went public, the market value would soar to more than 36 billion U.S. dollars, with a maximum of nearly 43 billion U.S. dollars.
There are 8 billionaires, 50 multi-millionaires, and 240 millionaires alone. Baidu employees even turned the nearby BMW 4S store into the largest BMW 4S store in the country.

After Li Feng heard this, he thought about it and said to Li Yanhong: "We Fengrui invested 1 million US dollars, accounting for 15% of the shares of Baidu stock, and MY123 will give you free, and our shares will be cashed out on the day of listing, how about it?" ?”

Li Yanhong thought for a while, and replied: "It's okay, but I hope Mr. Li can promise me a condition?"

Li Feng didn't expect Li Yanhong to agree so easily. Based on the stock price after Baidu's listing, his 1 million US dollars can make at least 6 million US dollars in profit, which is faster than stealing money. Li Feng directly said happily: "You explain!"

Li Yanhong said: "Baidu hopes to reach a strategic partnership with Fengrui and carry out a series of cooperation in various aspects. Fengrui cannot develop its own search software, and it is our Baidu who promotes search. Of course, we will also Support Fengrui in all aspects, and will not enter social networking!"

oh!It turned out that Baidu had this calculation!
We, Fengrui, are not afraid of your entry into social networking. It’s not like you have never entered into Baidu in your previous life, such as Baidu space, Baidu HI, but Tengxun didn’t make a move, so you were finished!

Thinking of this, Li Feng replied lightly: "If this is the case, it will still be 1 million US dollars, but this time we need to account for 30% of the shares, and we also need corresponding voting rights. Of course, MY123 is still free."

It is also 1 million US dollars, one is 15% shares without voting rights, and the other is 30% shares with voting rights, and the difference here is Li Feng's promise of "not developing his own search engine".

If Fengrui occupies 30% of Baidu's shares, it is higher than Li Yanhong's shares, which is equivalent to Baidu's largest shareholder. Li Yanhong will definitely not want it.

Li Yanhong refused without even thinking about it, "Mr. Li, it's better to change the conditions, or 15% of the shares, it can still be negotiated."

Li Feng lowered the conditions again, "That's 1.5 million US dollars, only accounting for 25% of the shares. I feel very sincere.

Li Yanhong refused again: "President Li, it's not about money, even if it's 0.5 million US dollars, it's fine to only occupy 15% of the shares."

Li Yanhong's answer made Li Feng think about it for a long time: he only needs to make a promise, and he can get 15% of Baidu's shares, which seems quite attractive;

But in the previous life, even 360 and Sogou together accounted for nearly 30% of the Chinese search engine market, but now with its own strong blessing, even if it can’t compete with Baidu, it still can account for 40% of the share. !
And one is just a shareholder, and the other is the boss, so the control rights must be different!If this is the case, no matter how you calculate it, you are at a disadvantage!
Thinking of this, Li Feng said directly: "Forget it, let's go back to the original question and talk about Baidu's acquisition of MY123!"

Li Yanhong didn't say anything, he was just very disappointed, and from Li Feng's answer, Li Yanhong also knew that Fengrui had plans to enter the search. Facing Fengrui's enemy all of a sudden, Li Yanhong also lacked confidence!

However, the two quickly reached a preliminary agreement. Fengrui invested 6000 million shares in Baidu, accounting for 8% of Baidu's shares, which are only ordinary shares and are listed for sale;
And Baidu also got MY123 for free. Of course, MY123 has to keep the recommended positions of 5 Fengrui products from the beginning to the end.

Baidu also agreed. After all, the biggest purpose of Baidu's acquisition of MY123 is the traffic of MY123. As for the positions on it, it doesn't matter.

After the preliminary agreement was reached, Li Feng directly said to Li Yanhong: "Okay, Lao Li! No problem, since this is the case, you can talk to Zhiping directly for the rest!" After speaking, Li Feng went back to the experiment room.

Li Yanhong is not as powerful as Li Feng. Although he also controls the board of directors of Baidu, there are other shareholders in the board of directors. With such a large shareholding agreement, how can he know that other shareholders will be sold, so there must be a process.

And Li Feng not only absolutely controlled Fengrui's board of directors, but even implemented a dictatorial rule, directly disbanding the board of directors,
For Li Feng, at least during the period before his rebirth, Fengrui was going to implement a dictatorship. Dictatorship can concentrate on major tasks, reduce friction, improve efficiency, and let Fengrui develop at a high speed.

Of course, Li Feng also said, "If one day, I, Li Feng, can no longer continue to perform the position of CEO, or if one day, I can no longer meet everyone's expectations for this position, I will be the first to tell Ours!"

(End of this chapter)