Fight to the third generation

Otherwise, shorts, slippers and short sleeves are his favorite way to wear in July.

Even $[-] a pair of crocodile leather shoes is still not as comfortable as slippers. Unfortunately, as a boss, you have to take care of your image.

When I saw Yang Zhiyuan earlier, he was only wearing jeans and short sleeves.

As a well-known super rich, he has already skipped the stage of relying on foreign objects to decorate himself. Even if he goes shopping in flip-flops, he will be judged as "approachable".

Unlike the gang of Wall Street elites who always like suits and leather shoes, they appear domineering.

After hearing Yin Liuli's question, Su Yehao said decisively:

"Before, it was just some scene talk. You don't need to worry about what goes in your left ear and out of your right ear. Google is in a period of rapid expansion. By the end of this year, the number of users is likely to exceed 1000 million. I know it has great potential. Why did you sell it so early? More importantly, Google doesn’t need me to worry about it. It has matured enough to learn to make money for me. It’s very difficult to get back such a good company after it’s sold.”

Yin Liuli continued to ask:

"Then why were you so conflicted before? Sitting in the car without saying a word, I thought you were threatened by him and just got angry."

Su Yehao sneered:

"Threat me? Yahoo can put a little pressure on me. Japan's Softbank has not yet dealt with my strength. Just now I was mainly considering whether to accept a financing. After all, Google burns a lot of money. I seem to be a little nervous. Just like Yang Zhiyuan I will not choose not to suppress Google because of my nostalgia for meeting me a few times, and I will not obediently offer such a good company with both hands because of Yang Zhiyuan's few words, and the other party is a Japanese company."

"Oh, you don't have to be angry anyway, I seem to be too stupid to help you with big business."

After Yin Liuli finished speaking, Su Yehao joked, "Be more confident and remove the word "like."

"???"

Smiling, Yin Liuli snorted softly, and then told: "The name of SoftBank in Japan is a bit special, the full name is called Software Bank, right? I seem to have seen news about it from the information, and cooperated with the bank to launch fund products. , to raise funds from Hong Kong City."

"Well, it is a venture capital company, similar to my KOKO Venture Capital. The difference is that I mainly use my own funds to invest externally, and it not only conducts external private placements, but also raises funds through listing. Now the market is good, and it is easy to make money when investing. , When the market turns cold and its wealth management products lose money, then the problem will come. Maybe I can find some money from outside in the future, expand the scale of investment, increase influence, and earn some pocket money at the same time... "

Su Yehao walked towards the Google company while talking. Many employees greeted him with nods and smiles when they saw him.

The outside world praises the boss of Softbank as very smart.

However, when it comes to looking for investment targets, Su Yehao has never been afraid of anyone.

The Softbank in this era is far inferior to the Softbank in Su Yehao's impression, with a total market value of only more than 100 billion US dollars.

When it was first listed in Tokyo last year, some brokerages recommended Softbank stock to him, and he would only buy it when he was overwhelmed. Compared with Sun Zhengyi, Su Yehao obviously believed in himself.

On the way to Silicon Valley, he just made a simple calculation. Although there are a lot of big projects invested in recently, the capital chain is still relatively healthy.

The Kai Tak Cyberport project mainly uses land in exchange for loans, which is equivalent to borrowing money from the bank to buy land. The entire development cycle is expected to be as long as ten years, and there is no need to spend too much money in the short term.

The City of Thousand Chips project can also obtain land from bank loans to build factories.

As for most of the wafer foundries and lithography machine research and development plans, the preparation process will take a long time, and it is estimated that the stocks invested in Yahoo, Amazon and other companies have been cashed out by then.

With Nasdaq rising again and again, the funds in the wealth management account have soared from about 30 billion US dollars a while ago to around 40 billion US dollars. If it continues to rise, there is still room for Google's expenses.

The root cause of starting to consider external financing was that Su Yehao suddenly realized that he had been living alone for a long time, so that if Google was really suppressed by Yahoo, he didn't even have an ally who could help.

The so-called suppression is probably not limited to the commercial field.

If the media is used to leak user information or fabricate executive scandals and other news, it will definitely not benefit Google's growth momentum. These practices belong to the old tradition among American companies and can be used internally and externally. .

This is related to the atmosphere of money first in the United States. In order to win, it can be said that it will do everything.

Therefore, if you think about the worst in everything, you are probably right.

As long as the development of Google is curbed, Yahoo's market value may increase by tens of billions of dollars. The situation of being a dominant company will give investors more confidence in it.

Faced with such considerable benefits.

Even if Su Yehao trusted Yang Zhiyuan's character, he couldn't guarantee that other shareholders of Yahoo would not use tricks.

According to Yang Zhiyuan's previous statement, other Yahoo shareholders were obviously eyeing Google, and excluded him from Yahoo shareholders, forming a new small circle.

If you think about it further, Su Yehao considers himself an outsider, except for some illusory fame, his foundation is seriously lacking.

With Laomei's arrogance and xenophobic character, as the interests involved increase, it is difficult to guarantee that when Yahoo takes action, other institutions such as venture capital and funds will not seize the opportunity to do it together, or even affect other layouts.

After all these considerations, Su Yehao came up with the idea of ​​advancing Google's financing plan.

If it lasts for a while longer, there is a chance to get some more money back, and by the way, solve Google's development funds for the next two or three years. Anyway, investors will lose money at that time, and they can blame the poor market environment. With him, Su Yehao What does it matter.

When the industry enters the cold winter period and Yahoo has no time to take action against Google, it may be able to strive for a few years of golden development period.

Other companies care about market value and income, but Su Yehao only focused on traffic from the beginning.

So what other people see as a disaster is actually an opportunity in his eyes. Yanwen Group's winter plan was prepared last year, and Google has not yet settled down. It seems that it just happened to be able to take advantage of the opportunity of being targeted by Yahoo to make a reasonable announcement of the A round. Financing plan.

If you think about it from another angle, after you openly compete with Yahoo, you can reasonably sell your Yahoo stocks and put the money in your pocket, which can be called killing birds with one stone.

Before meeting with the people from Google, Su Yehao thought about these things first, and suddenly he was determined.

When he came to the top floor of the company, he called CEO Larry Page, Chief Technology Officer Sergey Brin, Chief Operating Officer Danielle Kenning, plus CFO, CMO and other executives to the meeting room.

After showing up, he pretended to be worried and said:

"Everyone, here comes our difficulty."

"Yahoo's Yang Zhiyuan asked me to sell Google to him, and the bid was only 12 billion US dollars. This is undoubtedly worried about our outstanding performance and trying to block our signal."

"Although the company is not that valuable now, in my eyes, the value of Google you have jointly built is at least 100 billion US dollars, and there is even hope that it will surpass Yahoo's achievements."

"Congratulations to everyone first, this proves that the value we created has already made Yahoo flustered, but the key is, what do you think should be done next..."

……

Chapter 570

Over the past six months, Google's development has been smooth.

The reason why Su Yehao was exaggerating was to unite the company and take the opportunity to make them continue their efforts.

If the news gets out, it may also make Yahoo throw a mouse.Although competition is the norm in Silicon Valley, it is enough to make Yahoo executives feel uncomfortable for a long time if they are labeled as narrow-minded and maliciously suppressing their opponents.

His voice just fell.

Danielle Kenning, Google's chief operating officer, immediately slapped the table loudly:

"That's right! The purpose of Yahoo's acquisition of us must be to hide it in the snow so that it can continue to occupy the search engine market. This is a monopoly!"

The purchase price of US$12 billion would have shocked Larry Page, Sergey Brin and others before, but now they are not so short of money.

Sergey Brin turned his head quickly and said immediately:

"Once our company goes public, the market value is expected to reach between 20 billion and 30 billion US dollars. How dare Yahoo propose an offer of 12 billion US dollars? This is humiliating us, right. Obviously, our recent development trend has hoped to surpass Yahoo. Constantly devouring their market share, Yahoo's search results are all advertisements, which affects the user experience."

A marketing director heard that Su Yehao seemed unwilling to sell, so he raised his arm and pushed the glasses, telling him: "Maybe we should leak the news, if the company encounters malicious competition from Yahoo, it may win the sympathy and support of users. Yahoo has always promoted openness and inclusiveness, and its corporate image is damaged, but it is very beneficial to Google."

"Yes, yes, I've been waiting for Yahoo to make a mistake, and this may be an opportunity."

CEO Larry Page knocked on the table and added: "Yang Zhiyuan's acquisition offer represents Yahoo's recognition of our strength, which shows that we are doing the right thing."

Some people are really angry, and some people are surprised that Google can sell 12 billion US dollars.

Valuation is just valuation, and the purchase price is equal to cash, and the two cannot be confused.

After all, the company continues to lose money and burn money in exchange for the market, which has led to Google's low valuation in institutions. After all, it has not yet shown a mature, stable, and growing profit realization model.

Seeing that everyone was filled with righteous indignation, Su Yehao was deeply satisfied.

This shows that there is still a bit of cohesion between the top management, unlike the previous acquisition of ICQ, where one by one rushed to sell, and shareholders contacted him privately to help make suggestions and ideas, for fear that the transaction would not be completed.

Most of ICQ's original equity was in the hands of a group of venture capital institutions, but Google was the hard work of everyone present, watching it grow from small to more than 400 million users step by step.

In terms of feelings, of course there are.

The more critical point is that the vast majority of Google executives have not yet received equity and option rewards, and they can also see that Google has broad growth potential. good proof.

Since it is not good for them to sell the company now, they can get rich returns after continuing to develop Google well.

Comparing the two, it is clear at a glance which one is better. Everyone present can see that Yahoo’s acquisition of Google is not to develop it, but to spend money to eliminate disasters and settle troubles just like other giants.

It’s not true that there aren’t other good companies emerging in Silicon Valley, and elsewhere in the world, and many companies that got a lot of attention then quickly fell apart.

By merging and acquiring small companies, giants can keep key technologies in their own hands even if they cannot be integrated in the end, so as not to lose them to competitors.

The outside world likes to call this kind of giant's practice of stifling competitors and blocking technological innovation as "pinching mergers and acquisitions."

Don't ask why everyone present knows so well, just point out the key point, because they actually did the same.

This practice is too common. Google has acquired seven start-up teams this year, spending a total of more than 1000 million US dollars. By absorbing technical talents, it continuously optimizes product performance and provides users with a better user experience. Launched Google version 3.0.

Version 4.0 is also in the development stage, using a set of better algorithms to try to provide personalized advertisements.

The recent consensus among Google executives is to promote the company's listing as soon as possible. If you want to achieve an outstanding performance, increasing traffic monetization channels is undoubtedly the focus of your work.

At this moment.

Su Yehao knocked on the table, highlighted and told:

"I know that Google is an excellent company. It has outperformed the Kaomoji Group. Even in the face of fierce competition, it has continued to expand under your management. Selling Google as a whole is not within my scope of consideration, but for financial reasons Considering the situation, I think it’s time to start to consider the A round of financing, let’s leave this matter to Danielle, she has worked in a venture capital company and has more experience.”

"And Larry, you are in charge of rectifying the company and looking for weak points that may be attacked by the enemy. As far as I know, the Japanese SoftBank Group is also targeting us this time. People from venture capital institutions like to bite Hold on to your prey until you achieve your goal."

"According to my idea, we are looking for partners this time, preferably some powerful institutions that can provide other assistance to Google..."

heard.

All the executives sitting in the conference room became excited in an instant.

According to the recent practice of Silicon Valley companies, after the A round, there will be a B round at most, and they will start to consider going public on Nasdaq, which happens to hit a big bull market. Both the founders and investors are often impatient to wait too long. Long.

Danielle Kenning nodded readily and replied, "No problem!"

Su Yehao continued: "Everyone work hard this year. Let me tell you in advance that the bonus at the end of the year may reach the level of half a year's salary. The specifics still depend on your performance."

Taking out six months' salary as a bonus, this kind of strength seems full of sincerity even in the frenzied Silicon Valley.

After simply finalizing the countermeasures, discuss the specific details of the financing arrangements. For example, in terms of equity, Su Yehao plans to release 20% first, and will no longer be as petty as the Yanwen Group, and go directly to the IPO without external financing.

To put it bluntly, this round of financing is actually a bit of digging a hole for others to jump in.

When the B round of financing is completed, the IPO will be listed again. Counting the equity rewards for executives and employees, Su Yehao plans to take about 50% of the shares at that time, and bring others to make a fortune.

A total of half an hour short meeting.

It happened to be lunch time at the end, and the news about the year-end bonus and the 12 billion acquisition invitation quickly spread within Google.

A group of "old" employees in Silicon Valley were overjoyed, while the newcomers who joined this year were stunned, asking everywhere how to calculate the bonus at the end of the year when they joined the company this year.

Not to mention the storm is coming.

Knowing that Yahoo is after their company, many employees feel rather proud.

It is not easy to be targeted by giants, which means that Google has strength...

Chapter 571

Don't worry about Su Yehao.

After he confirmed that he was about to raise funds, Google's COO Danielle Kenning immediately released the news, telling others that Yahoo was trying to acquire Google for $12 billion.

This can be regarded as a warm-up for Google’s financing in advance. First, a reserve price is finalized. When the representatives of venture capital institutions actually start to contact, the quotation will only be higher than 12 billion US dollars.

Larry Page and the others can see that Yang Zhiyuan and others have begun to fear Google's performance and try to kill it.

And how could those venture capital managers who rely on their eyesight not realize the key point.

Su Yehao had a premonition that Google's financing would be more lively in the future, so after receiving a report call from Danielle Kenning, he took the initiative to contact Lin Youfeng, the vice president of KOKO Venture Capital's Silicon Valley office, and asked him to come Help out Google.

Financing is risky. I told you in advance that you can’t agree to all gambling agreements. At the same time, I tried to shout out a price of 20 billion U.S. dollars. This will help eliminate institutions that are not strong enough...

at the same time.

Yang Zhiyuan and Mamoru Hirosue, Senior Vice President of SoftBank Group, finished their Texas Hold'em game and went to lunch together.

Today's poker game was originally prepared for Su Yehao, he left early, and the group soon dispersed.

Hirosue Mamoru is only 34 years old this year. He studied at the University of Tokyo and later went to the Yale School of Management for further study. He is an old employee who joined Softbank when it was first established. Now he has become Sun Zhengyi's right-hand man and stays in the United States all year round to take care of business. .

this time.

Hirosue Mamoru asked in English:

"Jerry, do you think the boss of Google will resell the shares to us? I have been using Google's search engine recently, trying to know myself and the enemy. I must admit that I have begun to surpass Yahoo in terms of user experience and search accuracy. Yes, the scary thing is that it has a set of algorithms, and as the number of users increases, the search results will become more and more accurate."

"...If you ask me, I don't know, but if I earn more than ten times the profit in half a year, I will probably sell it. The problem is that Su Yehao is very rich, and he was not short of money since he was a child. When I grow up, considering the prospects of the market, it is about [-]-[-] to agree or not to agree.”

Google has shown sufficient potential, but the user base is only about one-eighth of Yahoo. Yang Zhiyuan has made money in the past two years, and his mentality has become more and more Buddhist. At this moment, he said calmly: