Rebirth of the internet boss
Chapter 425 Acquisition Achieved!
Chapter 425 Acquisition Achieved!
At the beginning of the negotiation, Eric Schmidt said "pre-emptively": "Leo, regarding YouTube's acquisition, we have negotiated many times during the adjournment, and we still feel that $30 billion is a bit too outrageous.
This acquisition is impossible for the resolution of the board of directors, our final purchase price of Google is still 25 billion US dollars, of course, it is still fully paid with Google shares, plus a seat on the board of directors..."
As a result, before Eric Schmidt finished speaking, Li Feng waved his hand, and then asked straight to the point: "These are not important, so you Google agreed to our Fengrui's three conditions?"
Li Feng doesn't care about YouTube, isn't it just a matter of hundreds of millions of dollars!
Li Feng is more concerned about whether Google can join its own mobile operating system alliance "Android lineup". Compared with the entire mobile world, YouTube is nothing!
"Uh..." Eric Schmidt didn't expect Li Feng to turn around so quickly, but he still said quickly: "We Google has no problem with these three conditions, but we Google only have one requirement!"
As long as you can get Google done, your "Android lineup" will be half successful. Li Feng leaned forward slightly, and asked excitedly, "What's the request?"
"We Google can do our best to help Fengrui promote your Android system all over the world, contact third-party software development organizations, and fight against Apple's iOS system...including the US government, we Google can also coordinate, these are all fine,
Our only request from Google is: if possible, you Fengrui also support our Google to develop and promote our own mobile operating system! "
"This is impossible!"
Google also wants to "occupy the magpie's nest", and support Fengrui at the first step, and kick Fengrui away after Google has learned everything!
Li Feng didn't expect that Google would backtrack. This Eric Schmidt is really not a good guy, which made Li Feng gnash his teeth!
But Li Feng would never allow such a thing to happen, and he refused bluntly: "This is impossible, Google must join our Android lineup 100%, and must not develop its own operating system!
And this is a prerequisite for negotiation!If Google doesn't agree, then there is no need for YouTube to talk about it! "
The conference room suddenly became quiet, and Larry Page and Liu Zhiping next to them didn't dare to speak, and the whole atmosphere suddenly sank, with a feeling of "the mountain is about to come and the wind is full".
After a while, Eric Schmidt was the first to say with a smile: "Leo, don't be so angry! Is there anything we can discuss!"
Li Feng didn't appreciate it at all, and said directly: "This is our sharp bottom line, we can't touch it! Either talk about it, or leave!"
At this time, I saw Eric Schmidt's ability as the CEO of Google. How can he sit on the position of Google CEO without a bit of ability? He still smiled and said: "Leo, our Google is bound to win YouTube, which is good. , so that we can improve our Google ecosystem;
But your sharp Android system is also bound to win us Google. If your sharp Android system wants to succeed, you must need a strong ally, and it is also an American company that can compete with Apple!
Microsoft, it’s definitely not possible; Yahoo, he can’t take care of himself now; therefore, in the end, only we, Google, are suitable. I think we still have a basis for cooperation. You have what we need, and we also have what you need. This is the basis of cooperation. "
"Okay, Schmidt, I admit that you are right. We do have a basis for cooperation. Didn't I agree with Google's acquisition of YouTube?" Li Feng also said calmly.
"Leo, business negotiations are all about win-win, and these are far from enough. We paid real money for Google's acquisition of YouTube. Although we have not yet determined the final purchase price, it must be a major factor in creating the purchase price of the Internet world. Price!
And you Fengrui made us Google give up developing our own mobile operating system. Although I don't know if this mobile system will be successful, but now you Fengrui give too few conditions, and you can even say that there are no conditions! " Eric Schmidt said.
Li Feng is a bit too much, but Li Feng is not willing to pay too much price, but in order to win over Google, Li Feng can only say: "The acquisition price of YouTube can be 25 billion US dollars, plus a board seat!"
"Not enough. What we value is Android. I don't know about the future mobile world, but I know that since you value this Android, it must be of great value!" Eric Schmidt shook his head.
It seems that Google has taken a fancy to the Android system. This is "beating a snake and hitting seven inches", and you have to force yourself!Li Feng stopped talking for a while, and fell into deep thought!
After coming here for a long time, Li Feng said heavily: "[-]%!"
"What? I understand you, Leo!" Eric Schmidt asked.
"I mean, I can separate the Android system and give you [-]% of the shares of Google's Android system, and you Google must give up developing your own mobile system and fully support the development and promotion of the Android system." Li Feng said word by word. Said.
Eric Schmidt thought for a while, and then continued: "We want [-]% and your sharpness is [-]%. That's okay, not too much!"
"No, at most [-]%!" Li Feng refused.
"We can only take [-]%, but we must leave the North American market to Google!" Eric Schmidt fought again.
Damn it, this is really a deal, and everyone is bargaining with me!
"Crack", Li Feng slapped the table directly, and then said aggressively: "Schmidt, don't talk to me about conditions anymore, I say [-]% is [-]%!
This is the final bottom line, all my investments are [-] to [-] percent, and this is the final condition!
You now you just need to tell me if you agree or not! "
Seeing Li Feng's seriousness, Eric Schmidt retreated a bit, but he still said unwillingly: "Okay! [-]% is [-]%, we Google can go all out to support the promotion of the Android system,
But this all-out period is only two years. After two years, we at Google have the right to choose whether to continue to support, or have other options! "
This Eric Schmidt is really difficult to deal with. He was talking about shares just now, but now he is starting to work hard on the number of years!
However, Li Feng also replied directly: "No, two years is too short. We, Fengrui, have given you [-]% of the Android shares in Google. Five years, I want Google to go all out to support the Android system within five years!"
"This won't work, five years is too long, and no one can tell in the future. If you Fengrui fails, will we Google have to sacrifice in vain? We can see whether the future will succeed in two years. Enough!" Eric Schmidt argued.
"Let's say three years. The time is just right. It's not too long or too short. It's very good for all of us, and there is room for follow-up operations. I can make some concessions on YouTube's acquisition price.
The purchase price is $25 billion, and I can allow $5 million in cash, but that board seat must be permanent! "Li Feng said seriously.
Seeing Li Feng's expressionless attitude again, Eric Schmidt nodded in agreement again.
Now that the most critical things are settled, the rest is easy to talk about, and it is not as tense as before.
"Leo, the acquisition price of YouTube is the 25 billion US dollars you promised just now, of which 5 million US dollars will be paid in cash, and the rest will be paid by Google shares, plus a board seat!" Eric Schmidt strikes while the iron is hot.
"Okay, but I have a little suggestion about YouTube!" Li Feng said.
"What, why do you still have conditions? Didn't we finish talking just now?" Eric Schmidt was a little impatient.
"I didn't say anything else, I said it was about YouTube's future development?" Li Feng said slowly.
Eric Schmidt was terrified by Li Feng. Hearing what Li Feng said, he also asked, "Then what are your requirements for the future development of YouTube?"
"I hope that after Google acquires YouTube, YouTube can operate independently, while retaining the existing management team and setting up a dedicated board of directors or committee. Of course, Fengrui also needs to have a seat!" Li Feng suggested.
It's just that Li Feng is just a suggestion, isn't this clearly a request?So that Eric Schmidt also had to follow, who called Fengrui is the uncle!
The current YouTube management team is all recruited by Li Feng himself. Even after YouTube was acquired by Google, Li Feng still has a certain say in it, not to mention that after the acquisition is completed, Fengrui is a shareholder of Google!
"I can let YouTube operate independently and agree to give Fengrui a board seat, but I hope that in this $25 billion deal, the $20 billion that must be traded with Google shares can be traded with Google's new shares and additional shares. , the time is a bit long." Eric Schmidt.
Although Google is very rich, and the cash and related securities shares add up to more than 90 billion US dollars, this is not all cash, and Google itself has to retain a certain amount of cash flow, so it is most appropriate to issue new shares at this time.
"Yes, but we must guarantee that the transaction will be completed within one year." This time Li Feng was more forthright.
"Okay, then as long as YouTube fulfills the corresponding indicators, all management personnel can be retained, and I also hope that Mr. Chen Shijun can stay. He has done a very good job as the CEO of YouTube."
This time Eric Schmidt is also quite straightforward. It seems that everyone is unwilling to get too entangled in these small details, and after Eric Schmidt finished talking to Li Feng, he took a look at Chen Shijun next to him. He is also familiar with Chen Shijun, of course he very much hopes that Chen Shijun can stay.
It's just that Chen Shijun declined Eric Schmidt's kindness, and directly refused in person: "Thank you Mr. Eric Schmidt for your kindness, I plan to go out and relax after YouTube's handover, and then find something for myself Do."
Eric Schmidt thought that Chen Shijun was going to start his own business after taking a break, because people in Silicon Valley are like this, selling their own companies and starting a new business.
Eric Schmidt also regretted: "That's really a pity. I hope that Mr. Chen can succeed in starting a business in the future. Maybe we will have the opportunity to continue to cooperate."
Chen Shijun nodded, smiled and said nothing. He didn't say that he would stay at Fengrui after the break, and that he was doing some research in Fengrui X North American Laboratory. Of course, he didn't need to tell Eric Schmidt.
At this point in the negotiations, the basic framework of the acquisition agreement between Fengrui and Google on YouTube came out. As for the specific details, Liu Zhiping and others will complete the details. The agreement is roughly as follows:
1. Google acquired Fengrui’s YouTube for 25 billion US dollars, with a capital of 5 million US dollars, and the rest will be traded after additional issuance of new shares for a period of one year.And Fengrui has a Fengrui permanent seat on the board of directors.
YouTube, on the other hand, can operate completely independently, while retaining the original management team (not counting those who resigned on their own), and set up a special board of directors, Fengrui also has a seat.
2. Google joins Fengrui's "Android lineup". Within three years, it must go all out to support the development and promotion of the Android system. It must not support other mobile operating systems, and cannot develop its own mobile operating system without authorization.
Fengrui, on the other hand, made the Android system independent, and traded [-]% of its shares to Google for free. However, if Google violates the contract, Fengrui can also take it back for free; at the same time, Fengrui is not allowed to take back the shares before Google does not violate the contract. shares,
3. If Fengrui wants to acquire a U.S. fab in the future, Google must strongly support it and be responsible for helping lobby the U.S. government.
4. On the premise of not violating relevant laws and regulations, Google needs to help Fengrui with one more thing, which is the last of Li Feng's three conditions, and Li Feng is just in case!
(End of this chapter)
At the beginning of the negotiation, Eric Schmidt said "pre-emptively": "Leo, regarding YouTube's acquisition, we have negotiated many times during the adjournment, and we still feel that $30 billion is a bit too outrageous.
This acquisition is impossible for the resolution of the board of directors, our final purchase price of Google is still 25 billion US dollars, of course, it is still fully paid with Google shares, plus a seat on the board of directors..."
As a result, before Eric Schmidt finished speaking, Li Feng waved his hand, and then asked straight to the point: "These are not important, so you Google agreed to our Fengrui's three conditions?"
Li Feng doesn't care about YouTube, isn't it just a matter of hundreds of millions of dollars!
Li Feng is more concerned about whether Google can join its own mobile operating system alliance "Android lineup". Compared with the entire mobile world, YouTube is nothing!
"Uh..." Eric Schmidt didn't expect Li Feng to turn around so quickly, but he still said quickly: "We Google has no problem with these three conditions, but we Google only have one requirement!"
As long as you can get Google done, your "Android lineup" will be half successful. Li Feng leaned forward slightly, and asked excitedly, "What's the request?"
"We Google can do our best to help Fengrui promote your Android system all over the world, contact third-party software development organizations, and fight against Apple's iOS system...including the US government, we Google can also coordinate, these are all fine,
Our only request from Google is: if possible, you Fengrui also support our Google to develop and promote our own mobile operating system! "
"This is impossible!"
Google also wants to "occupy the magpie's nest", and support Fengrui at the first step, and kick Fengrui away after Google has learned everything!
Li Feng didn't expect that Google would backtrack. This Eric Schmidt is really not a good guy, which made Li Feng gnash his teeth!
But Li Feng would never allow such a thing to happen, and he refused bluntly: "This is impossible, Google must join our Android lineup 100%, and must not develop its own operating system!
And this is a prerequisite for negotiation!If Google doesn't agree, then there is no need for YouTube to talk about it! "
The conference room suddenly became quiet, and Larry Page and Liu Zhiping next to them didn't dare to speak, and the whole atmosphere suddenly sank, with a feeling of "the mountain is about to come and the wind is full".
After a while, Eric Schmidt was the first to say with a smile: "Leo, don't be so angry! Is there anything we can discuss!"
Li Feng didn't appreciate it at all, and said directly: "This is our sharp bottom line, we can't touch it! Either talk about it, or leave!"
At this time, I saw Eric Schmidt's ability as the CEO of Google. How can he sit on the position of Google CEO without a bit of ability? He still smiled and said: "Leo, our Google is bound to win YouTube, which is good. , so that we can improve our Google ecosystem;
But your sharp Android system is also bound to win us Google. If your sharp Android system wants to succeed, you must need a strong ally, and it is also an American company that can compete with Apple!
Microsoft, it’s definitely not possible; Yahoo, he can’t take care of himself now; therefore, in the end, only we, Google, are suitable. I think we still have a basis for cooperation. You have what we need, and we also have what you need. This is the basis of cooperation. "
"Okay, Schmidt, I admit that you are right. We do have a basis for cooperation. Didn't I agree with Google's acquisition of YouTube?" Li Feng also said calmly.
"Leo, business negotiations are all about win-win, and these are far from enough. We paid real money for Google's acquisition of YouTube. Although we have not yet determined the final purchase price, it must be a major factor in creating the purchase price of the Internet world. Price!
And you Fengrui made us Google give up developing our own mobile operating system. Although I don't know if this mobile system will be successful, but now you Fengrui give too few conditions, and you can even say that there are no conditions! " Eric Schmidt said.
Li Feng is a bit too much, but Li Feng is not willing to pay too much price, but in order to win over Google, Li Feng can only say: "The acquisition price of YouTube can be 25 billion US dollars, plus a board seat!"
"Not enough. What we value is Android. I don't know about the future mobile world, but I know that since you value this Android, it must be of great value!" Eric Schmidt shook his head.
It seems that Google has taken a fancy to the Android system. This is "beating a snake and hitting seven inches", and you have to force yourself!Li Feng stopped talking for a while, and fell into deep thought!
After coming here for a long time, Li Feng said heavily: "[-]%!"
"What? I understand you, Leo!" Eric Schmidt asked.
"I mean, I can separate the Android system and give you [-]% of the shares of Google's Android system, and you Google must give up developing your own mobile system and fully support the development and promotion of the Android system." Li Feng said word by word. Said.
Eric Schmidt thought for a while, and then continued: "We want [-]% and your sharpness is [-]%. That's okay, not too much!"
"No, at most [-]%!" Li Feng refused.
"We can only take [-]%, but we must leave the North American market to Google!" Eric Schmidt fought again.
Damn it, this is really a deal, and everyone is bargaining with me!
"Crack", Li Feng slapped the table directly, and then said aggressively: "Schmidt, don't talk to me about conditions anymore, I say [-]% is [-]%!
This is the final bottom line, all my investments are [-] to [-] percent, and this is the final condition!
You now you just need to tell me if you agree or not! "
Seeing Li Feng's seriousness, Eric Schmidt retreated a bit, but he still said unwillingly: "Okay! [-]% is [-]%, we Google can go all out to support the promotion of the Android system,
But this all-out period is only two years. After two years, we at Google have the right to choose whether to continue to support, or have other options! "
This Eric Schmidt is really difficult to deal with. He was talking about shares just now, but now he is starting to work hard on the number of years!
However, Li Feng also replied directly: "No, two years is too short. We, Fengrui, have given you [-]% of the Android shares in Google. Five years, I want Google to go all out to support the Android system within five years!"
"This won't work, five years is too long, and no one can tell in the future. If you Fengrui fails, will we Google have to sacrifice in vain? We can see whether the future will succeed in two years. Enough!" Eric Schmidt argued.
"Let's say three years. The time is just right. It's not too long or too short. It's very good for all of us, and there is room for follow-up operations. I can make some concessions on YouTube's acquisition price.
The purchase price is $25 billion, and I can allow $5 million in cash, but that board seat must be permanent! "Li Feng said seriously.
Seeing Li Feng's expressionless attitude again, Eric Schmidt nodded in agreement again.
Now that the most critical things are settled, the rest is easy to talk about, and it is not as tense as before.
"Leo, the acquisition price of YouTube is the 25 billion US dollars you promised just now, of which 5 million US dollars will be paid in cash, and the rest will be paid by Google shares, plus a board seat!" Eric Schmidt strikes while the iron is hot.
"Okay, but I have a little suggestion about YouTube!" Li Feng said.
"What, why do you still have conditions? Didn't we finish talking just now?" Eric Schmidt was a little impatient.
"I didn't say anything else, I said it was about YouTube's future development?" Li Feng said slowly.
Eric Schmidt was terrified by Li Feng. Hearing what Li Feng said, he also asked, "Then what are your requirements for the future development of YouTube?"
"I hope that after Google acquires YouTube, YouTube can operate independently, while retaining the existing management team and setting up a dedicated board of directors or committee. Of course, Fengrui also needs to have a seat!" Li Feng suggested.
It's just that Li Feng is just a suggestion, isn't this clearly a request?So that Eric Schmidt also had to follow, who called Fengrui is the uncle!
The current YouTube management team is all recruited by Li Feng himself. Even after YouTube was acquired by Google, Li Feng still has a certain say in it, not to mention that after the acquisition is completed, Fengrui is a shareholder of Google!
"I can let YouTube operate independently and agree to give Fengrui a board seat, but I hope that in this $25 billion deal, the $20 billion that must be traded with Google shares can be traded with Google's new shares and additional shares. , the time is a bit long." Eric Schmidt.
Although Google is very rich, and the cash and related securities shares add up to more than 90 billion US dollars, this is not all cash, and Google itself has to retain a certain amount of cash flow, so it is most appropriate to issue new shares at this time.
"Yes, but we must guarantee that the transaction will be completed within one year." This time Li Feng was more forthright.
"Okay, then as long as YouTube fulfills the corresponding indicators, all management personnel can be retained, and I also hope that Mr. Chen Shijun can stay. He has done a very good job as the CEO of YouTube."
This time Eric Schmidt is also quite straightforward. It seems that everyone is unwilling to get too entangled in these small details, and after Eric Schmidt finished talking to Li Feng, he took a look at Chen Shijun next to him. He is also familiar with Chen Shijun, of course he very much hopes that Chen Shijun can stay.
It's just that Chen Shijun declined Eric Schmidt's kindness, and directly refused in person: "Thank you Mr. Eric Schmidt for your kindness, I plan to go out and relax after YouTube's handover, and then find something for myself Do."
Eric Schmidt thought that Chen Shijun was going to start his own business after taking a break, because people in Silicon Valley are like this, selling their own companies and starting a new business.
Eric Schmidt also regretted: "That's really a pity. I hope that Mr. Chen can succeed in starting a business in the future. Maybe we will have the opportunity to continue to cooperate."
Chen Shijun nodded, smiled and said nothing. He didn't say that he would stay at Fengrui after the break, and that he was doing some research in Fengrui X North American Laboratory. Of course, he didn't need to tell Eric Schmidt.
At this point in the negotiations, the basic framework of the acquisition agreement between Fengrui and Google on YouTube came out. As for the specific details, Liu Zhiping and others will complete the details. The agreement is roughly as follows:
1. Google acquired Fengrui’s YouTube for 25 billion US dollars, with a capital of 5 million US dollars, and the rest will be traded after additional issuance of new shares for a period of one year.And Fengrui has a Fengrui permanent seat on the board of directors.
YouTube, on the other hand, can operate completely independently, while retaining the original management team (not counting those who resigned on their own), and set up a special board of directors, Fengrui also has a seat.
2. Google joins Fengrui's "Android lineup". Within three years, it must go all out to support the development and promotion of the Android system. It must not support other mobile operating systems, and cannot develop its own mobile operating system without authorization.
Fengrui, on the other hand, made the Android system independent, and traded [-]% of its shares to Google for free. However, if Google violates the contract, Fengrui can also take it back for free; at the same time, Fengrui is not allowed to take back the shares before Google does not violate the contract. shares,
3. If Fengrui wants to acquire a U.S. fab in the future, Google must strongly support it and be responsible for helping lobby the U.S. government.
4. On the premise of not violating relevant laws and regulations, Google needs to help Fengrui with one more thing, which is the last of Li Feng's three conditions, and Li Feng is just in case!
(End of this chapter)
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