Reborn Entrepreneurial Giant.

Chapter 295 Price Negotiation

"League of Legends" is officially released in the United States. Vision Investment still holds more than 35% of the shares of Riot Games. There is no rush for the Chinese version. This game has many competitors in the United States, and it may not be successful now.Moreover, Vision’s investment in Kingsoft Holdings has not yet been settled, and everyone needs time.

Qu Li left New York and returned to Silicon Valley. He did not participate in the negotiations with Google. He went to Tesla to chat with Musk and exchange experiences. Well, what good experience could Musk have? Is he talking about Dogecoin?

Therefore, under the guidance of the "great" Musk ten years later, Qu Li participated in mining, with the goal of saving 5 million Bitcoins through various methods within 100 years.There is no need to explain how to achieve it. Anyway, it is easy for the rich and powerful Qu Li to do it.

Bitcoin is definitely not a legal currency, but to say whether it is a "currency" would be to deceive oneself. The definition of currency seems to be a general equivalent. As long as more people recognize this thing, Bitcoin will have the value of existence.There are many examples in reality, including gold and silver in the past, banknotes today, and gods, Buddhas, and gods that are inconvenient to mention.

The reason why the courts of various countries do not recognize Bitcoin is because the decentralized virtual currency based on the blockchain is uncontrolled.It can be compared to gold. Buffett has always said that gold has no value, but in reality, it may exceed US$2000 per ounce.Bitcoin is in a sense more valuable than gold and is too convenient for certain people.

Because of the great nature of speculation, the control of the market by someone behind the scenes, and the possibility that Bitcoin will disappear naturally, for the vast majority of ordinary people, participating in Bitcoin speculation is dozens of times more risky than speculating in stock futures.

But Quli is not ordinary, and he does not want to limit himself to the country, so he will definitely retain a large amount of overseas assets. This unrestricted Bitcoin is one of his inevitable choices.

Lu Qi and others were about to leave Silicon Valley and return to China. They each explained their reasons for the choice of Google Zhongguo and Shopee, and then everyone initiated a vote.

Once Google's domain name is returned, Google China's 30% market share may die prematurely, but it is valuable in terms of search. Not only can it divert traffic to Jumei, but there are nearly 700 high-quality employees who are willing to Acquisition of cool news for talents, naturally yearns for Google Zhongguo, it is not expensive anyway.

As for Google Play, nothing can be seen yet, but the market potential is very large. Qu Li mentioned to Schmidt that he hopes to take on the responsibility of security review and optimize user experience through this application market.It should be because of Android's lack of cooperation, so HonorPlay has stricter restrictions and requirements on application development, and cash support has been added for this purpose. If he is really asked to be responsible for domestic GooglePlay, there will be a conflict of interest between Jumeihui and Honor. Another troublesome question: "What are you going to do?"

Schmidt and the others didn't think it through. Many things needed time to explore. Only Qu Li was cheating. He knew that Android would tighten the authorization later and used various means to forcefully promote Google Play. In the end, the user experience of Android gradually caught up with or even surpassed that of iOS. .

We couldn't reach an agreement on Google Play in a short period of time, so we put it on hold for now. When it comes to Google China, Jumei is very determined not to tie it to the Shopee deal.

After several struggles, Google finally gave in. They didn't have many chips in their hands, and they had a lot of inexplicable persistence. If they didn't give in, the negotiation would collapse, so they had to talk about price.

Even in 2009, Google China still maintained a growth rate of 60%, and its revenue was almost half of Baidu's. If calculated based on Baidu's current market value of approximately US$140 billion, there is no way to talk about it.

The market value of Baidu's stock price nearly quadrupled in 2009, while Jumei's stock price only rose three times.Okay, let’s not talk about whiteness. Google will take back the Google domain name, leaving the Google and guge domain names. Within three years, Google will automatically direct visits from domestic IPs to guge.There is also a gmail mailbox. User data will not be left to Jumei, but a buffer period will be given to the user. The mailbox data can be cloned to gmail with a Guge domain name.

There is no need for Qu Li and others to go into details like this. What is important is the price. After all this trouble, how much market share can Google China retain? 10% or 20%?What about revenue growth?

You must know that Sogou’s highest revenue ten years later will be US$11.2 billion, with a net profit of US$9880 million.How much revenue and profit can Google achieve if it does not withdraw from the domestic market?After all, their integrity is not too low, and they will not sell fresh cowhide advertisements on the Internet.As the second largest player in the market, its gross and net profit margins are not as good as those of the largest player. This is common sense.

At the beginning, Google was not prepared to collect money, and it obviously recognized this, but now Jumei wants to pay, but it doesn’t want to pay too much. How much is appropriate?

Qu Li gave his plan to give up Jumei’s overseas business and let Google acquire Shopee shares with US$10 billion and inject US$5 million in capital in exchange for up to 45% of Shopee’s shares.Among them, US$5 million was paid with all the equity of Google.

The value of Google Zhongguo is severely discounted, but the 30% market share is real. The 2001 in 3721 was worth US$1 million. Even if the Google Zhongguo in 2009 did not have the blessing of the Google brand, selling for US$5 million should be considered normal, right?

"The potential of the Zhongguo e-commerce market is so huge. I hope that Jumei can occupy more than 35% of the domestic market share and obtain stable profits. On this basis..."

"The domestic market is our foundation. Shopee is of course important, but it will distract us. I'm afraid it will be difficult to take care of both ends..."

"Jumei is a technology and service company based on the supply chain. This is not an empty talk, it is a real pursuit. I believe that Google's 700 high-quality talents can play a key catalytic role in improving Jumei's search and cloud computing capabilities. effect……"

"Of course, I don't think leading technology is the key to a company's success. If we keep Shopee, our market value may be higher and we can make more money, but wealth is not my only pursuit. I hope Jumei can become a company that benefits mankind." Enterprises that contribute more to society.”

"Cloud computing, artificial intelligence, big data, intelligent recommendation algorithms and blockchain, I think these are more satisfying than simply making money..."

Qu Li deceived people in the video conference and discussed with senior executives in Jumei. In the end, as expected, he convinced them and agreed to the exchange of Google China and Shopee in the vote.

However, Google is not satisfied. They want to acquire Shopee completely. Otherwise, who would be willing to invest in it at a high price of US$35 billion?It is not impossible to complete the acquisition. Qu Li shouted out a high price of US$50 billion.

The market value of the company will be as high as the person is bold, but no matter how wealthy Google is, it is impossible to acquire it at such a price.But you have to know that the role of financial innovation is to help both parties reach deals in ways that go beyond your imagination.

Someone soon made a plan: Google bought a stake in Shopee at a valuation of about US$35 billion, and at the same time obtained a right to acquire the remaining shares in Jumei at a specific price within three years, ensuring that the total acquisition price would not be less than 50 billion US dollars.