Rebirth of the internet boss

Chapter 319 Confused Li Yanhong (Second Update)

In addition to the three major portals, as well as Shengda, Alibaba, and Tengxun, the three "threats to Fengrui" companies, Li Yanhong of Baidu also received the invitation letter for the Fengrui F1 conference.

Looking at the simple and elegant invitation letter in his hand, and then looking up at the towering Fengrui Building in front of him, Li Yanhong couldn't help sighing with "envy, jealousy and hatred", "It was agreed to hit the street together, but you secretly became a god ",
Back then, Fengrui and Baidu lived together in the Ideal International Building. One was on the [-]th and [-]th floors, and the other was on the [-]th and [-]th floors. Now, after three years, Fengrui has built his own headquarters building, and his own Now it is still working in the Ideal International Building,
So Li Yanhong held Fengrui's invitation letter and looked forward to it. When Baidu is successfully listed, the first thing he will do is to build a "Baidu Building" like "Fengrui Building".

However, at this time, Li Yanhong was holding Fengrui's invitation letter, but fell into deep thinking. What made Li Yanhong fall into thinking was not the Fengrui F1 conference, but the Baidu listing plan that worried him now. Or to be more certain, it was more because of the visit of Google CEO Eric Schmidt just now,
It is definitely not easy for the CEO of Google to visit Baidu in person, and the purpose of Eric Schmidt’s visit to China this time is also very simple, which is to acquire Baidu as a whole.

Google’s acquisition of Baidu is understandable from a corporate perspective, and Google itself is also an early investor in Baidu. Even if Google still owns 2.6% of Baidu’s shares,
If a company wants to grow bigger, acquisition is the best way, especially since the business capabilities of Google and Baidu are complementary, then it is perfect, and Google can also achieve the goal of monopolizing the world.

This can be regarded as Google’s last chance, and Schmidt also did his homework in advance, and persuaded Li Yanhong to “pull and kick”: listing is not fun, there are a lot of messy rules, Baidu can choose not to list, Google can acquire Baidu at a high price, or continue to invest in Baidu, and the two parties can form a closer cooperative relationship.

In short, Google's acquisition of Baidu is hello, me, hello, everyone.

However, Li Yanhong was still quite stubborn. After Schmidt proposed the idea of ​​acquiring Baidu, he did not ask the other party what price to offer, and directly rejected it face-to-face. "Our listing is like pouring out water, which cannot be recovered."
Besides, who the hell wants to be the second in charge, I am ready to sprint for an IPO now, the road show is over soon, and I can still accept your acquisition,

It's like spending money on health care, taking off all your clothes, and when you are about to "raise your gun and get on the horse", someone suddenly comes and says to yourself, "Dude, don't be stupid, I will pay double the price to get you Leave the girl below to me", which is simply "uncle can bear it, aunt can't bear it".

However, when the "hero" came, Li Yanhong also suddenly thought that Google must have something to rely on for daring to propose an acquisition at this time. You must know that the top two investors behind Baidu are American venture capital, especially the largest investor Defeng. Jie (DFJ) has a shareholding ratio as high as 28.1%, which is higher than Li Yanhong's 25.8%.

There is nothing wrong with this. There is no Chinese venture capital in the current capital market. Even domestic banks are unwilling to lend money to Internet companies. A model of success.

Although Baidu plans to implement a dual structure of AB shares after listing, Li Yanhong is still afraid of any mistakes before the listing. More importantly, Goldman Sachs, the underwriter in charge of listing Baidu, is too strong, and the underwriting price given to Baidu is too low. To go public in the US, you have to rely on Goldman Sachs,

For a while, Li Yanhong was also a little confused, and now that the listing has started, he couldn't stop at all. At this time, Li Yanhong suddenly discovered that the 8% of Baidu shares in Fengrui's hand was still very important.

So, Li Yanhong put down the invitation letter in his hand, took out his mobile phone and called Li Feng directly, but the call was never connected, "Didn't Li Feng come back? Could it be that he is on a business trip again?"
Then Li Yanhong called Li Feng's office. After the call was connected, Li Yanhong asked, "I'm Li Yanhong from Baidu. Didn't Mr. Li come to work today? Or, what time is convenient for you? I'll pay a visit."

Song Jia answered the call, and Song Jia still replied neatly: "Hello, Mr. Li, our Mr. Li will go back early this morning, and I will tell him when he comes back."

After hearing Song Jia's reply, Li Yanhong was still worried, so he picked up the phone and sent Li Feng a text message.

And what about Li Feng at this time? !

he is still sleeping?no!

He is indeed busy with business now. At this time, Li Feng and Liu Zhiping are visiting Mayor Hu Zhengming, accompanied by Deputy Mayor Li Dongmin.

In fact, when Li Yanhong called just now, Li Feng already knew about it, but this was Li Feng's first official meeting with Hu Zhengming, so Li Feng directly turned the phone to silent.

At this time, the meeting between the two has come to an end, and Li Feng has also received a clear promise from Hu Zhengming's boss, that he will make an appearance at Fengrui's F1 conference at that time.

Li Feng also hastily expressed his thanks: "It is a great honor for Fengrui to allow the leader to take time out of his busy schedule to participate in our Fengrui summit."

Hu Zhengming also just entered the year of "Destiny", and said very politely: "I am also very honored to have a long talk with a genius like Mr. Li, and I feel much younger.

In particular, President Li's views on many things are indeed very forward-looking, and I have also benefited a lot. No wonder Secretary Liu called me in person just now and asked you to come over later. "

Secretary Liu? !The one who can make Hu Zhengming call "Secretary Liu" must be Secretary Liu Tongxin.

Li Feng is already very satisfied to be able to invite Hu Zhengming to participate in the meeting. After all, Fengrui's current size is not something to be afraid of at all. Besides, Fengrui's F1 conference can only be regarded as a corporate summit.

Therefore, Li Feng directly asked uncertainly: "Secretary Liu will still attend our Fengrui F1 conference?" Liu Zhiping next to him trembled directly.

Hu Zhengming said with a smile: "Mr. Li, I'm not attending the meeting, but Secretary Liu wants to meet you later, and wants to meet the youngest and most amazing entrepreneur in our Republic."

As soon as Li Feng heard that he had misunderstood, it was an honor to be summoned by the secretary, and it could be regarded as an affirmation of Feng Rui.

(End of this chapter)