Rebirth in 1985

Chapter 815: Investing in Google

There is no doubt about Lu Shaohua's ambition. He wants to be a leader and bring the fields he is involved in to the top, whether it is Phoenix Computer, the developing Internet industry, retail and shipping, or the automobile industry. Lu Shaohua wants to bring all industries to the top and make him the first if he is second to none.

Phoenix Group is involved in many industries now, and Lu Shaohua is most concerned about Phoenix Computer, Phoenix Automobile and Phoenix Electronics. Speaking of Phoenix Electronics, we have to mention the meaning of Phoenix Electronics.

On the surface, Phoenix Electronics looks like a company, but in fact, it is enough to form a group because Phoenix Electronics has more than five companies under its umbrella, namely Phoenix color TV, Phoenix refrigerator, Phoenix DVD, Phoenix washing machine and other household products.

These things have also opened up the overseas market several years ago due to advanced technology. Although the current sales volume is not ranked first, it is always second or third. This is still the reason why Lu Shaohua did not exert his strength. If Lu Shaohua wanted to use his strength, then he would definitely push it to the top.

The newly established Phoenix Minerals and Phoenix Jewelry were also included in Lu Shaohua's list. They must all be developed and reach the top, leaving no one in the world able to compete with them.

At the same time, Lu Shaohua knew that he still had a long way to go to realize his vision, but Lu Shaohua was confident that he could accomplish his vision. After all, he was able to create the Phoenix Group in just ten years, and it seemed that there was nothing he could not accomplish.

What's more, Lu Shaohua has plenty of time. In the next few years, Lu Shaohua will focus his energy on this area and devote himself to developing all his industries and pushing them to the top one by one.

According to Lu Shaohua's plan, he will take eight years to complete all of this, until 2007. After completing it in 2007, he will face a new wave of financial crisis and then launch the ultimate plan.

No matter what he does, the first thing Lu Shaohua has to do is to plan it out, and then follow his plan step by step to complete everything.

At this moment, Lu Shaohua already had a rough plan in his mind, and he only needed to follow his plan. As for the first goal of this plan, there was no doubt that Lu Shaohua's first goal was the Internet company.

Lu Shaohua has arranged for Liu Mingzhang and others to take action and start acquiring the four targets he pointed out. After the acquisition is completed, Lu Shaohua will make further integration and then let it develop slowly before he starts the second step of the plan.

But before that, Lu Shaohua had to pay attention to one thing, and that thing was none other than Yahoo.

When Lu Shaohua asked Liu Mingzhang to contact Jerry Yang, the founder of Yahoo, Lu Shaohua had already decided that he would personally handle this matter. The next step was to see how Liu Mingzhang's contact went. If Jerry Yang was interested in selling his shares, that would be easier to deal with. If he was unwilling to sell, then Lu Shaohua would not be polite to him.

Yahoo is determined to win. Either it owns their shares or controls more than 51% of the shares. There is no other possibility.

……

Time is like water, years are like songs, and in the blink of an eye, three days have passed silently. Yes, three days have passed since Lu Shaohua arranged the acquisition plan for Liu Mingzhang and others.

On the morning of the third day, Liu Mingzhang and his colleagues had already reported back the information, and they were quite efficient.

According to Li Zongen's report, the acquisition of Google, which he was responsible for, has already achieved results. He used 30 million US dollars to acquire 30% of Google's dry shares. It's okay, it's dry shares, not ordinary shares. This kind of dry shares means that even if Google goes public in the future, you will still own % of the shares, and there will be no change.

In addition, Li Zongen also finalized an agreement with the two founders of Google, which is that there will be follow-up investments, and Li Zongen can increase investment at any time as long as Google is willing. Of course, there is also a clause in the agreement, which is that no matter what, the company represented by Li Zongen cannot acquire more than 51% of Google’s shares, nor can it take charge of Google.

The meaning is very clear. The two founders of Google did not want the company they founded to fall into the hands of others, so they made this specific agreement. However, in order to give Li Zongen some benefits, they also gave Li Zongen one director vote.

That is to say, when the board of directors is convened, Li Zongen has one vote of power.

Lu Shaohua knew very well that it was impossible to completely take Google into the account, so Lu Shaohua never thought of taking charge of Google from the beginning to the end. This also led to Lu Shaohua not issuing a kill order to Li Zongen, so Li Zongen did not feel too much pressure during the negotiations.

However, the lack of pressure does not mean that Li Zongen did not fight for his interests. A rough calculation shows that the acquisition of 1000% of Google's shares for US$30 million seems to be a high price on the surface, but with the future development of Google, this US$1000 million will increase thousands of times.

If Lu Shaohua had not pushed Phoenix Search into the global market to compete with Google, Google's final market value would have exceeded 600 billion US dollars. Now that he has acquired 1000% of the shares for 30 million US dollars, you can imagine how many times this 1000 million US dollars has increased.

Of course, different times also mean different equivalents of money. Today's 1000 million US dollars is equivalent to 7000 million RMB. In addition, Google was founded not long ago, and it is still unclear what the future will be like. It seems a bit expensive.

This is what outsiders think. For Lu Shaohua, it is worth it, and very worth it. In addition, Li Zongen has signed an agreement with the founder of Google to make additional investments, so this means he will have the next chance.

In Lu Shaohua's memory of his previous life, when Google was just founded, they were looking for venture capital everywhere. However, with the emergence of the Internet bubble, many venture capital companies did not dare to invest in Google, which ultimately made it difficult for Google to find venture capital.

Now that Lu Shaohua has taken advantage of the situation, it has to be said that it is a good opportunity. If the two founders of Google have used up the 1000 million US dollars invested by Lu Shaohua and the company is out of money, they will definitely look for someone to invest again. This is another opportunity for Lu Shaohua.

Therefore, when Li Zongen mentioned the agreement for additional investment, Lu Shaohua called Liu Mingzhang without even thinking about it and asked Liu Mingzhang to keep 2000 million US dollars in reserve funds on the company's books. Once Google needed investment, Lu Shaohua would agree to buy 2000% of the shares for 10 million US dollars.

In short, Lu Shaohua just said one thing: as long as Google asked for investment, Lu Shaohua would satisfy them as long as they could get more shares.

In addition to allowing Liu Mingzhang to keep the 2000 million US dollars, Lu Shaohua also specifically asked Liu Mingzhang about the situation at Yahoo.

There is no doubt that Liu Mingzhang and his team were completely convinced by Lu Shaohua's words. They did their best to complete the tasks assigned by Lu Shaohua. If Liu Mingzhang had not been speculating in gold futures and oil futures these days, he would have completed this task long ago.

However, due to the lack of energy, the negotiations between Liu Mingzhang and Yahoo have been in a semi-stagnant state, which has led to the slow progress. Of course, this is also partly due to the fact that Jerry Yang is not willing to sell his shares.

Being reluctant to sell is one thing, but whether or not it is necessary to sell is another.

Jerry Yang and another founder were both technicians. They did not have much experience in managing a company and were not clear about the company's future development path, which caused Jerry Yang to be a little worried.

Liu Mingzhang has made it clear that if Jerry Yang and his team are willing to sell their shares, Phoenix Group will send experienced executives to help them manage the company. Yes, it is to assist, not to occupy. No matter how many shares of Yahoo Phoenix Group acquires, Jerry Yang will always be the CEO of Yahoo.

More importantly, Liu Mingzhang expressed his sincerity, saying that if Jerry Yang was interested in acquiring the company, the chairman of Phoenix Group would personally go to the United States to negotiate with them.

Who is the chairman of Phoenix Group?

That's Lu Shaohua.

Who is Lu Shaohua? No one in the business world doesn’t know Lu Shaohua. He is over 20 years old, but has created a miracle and become a super-rich man with a net worth of over billion US dollars.

Such super-rich people are often mysterious, but they are willing to go to the United States in person just to acquire a small company like Yahoo.

Yahoo may be considered a large company, with a market value exceeding 10 billion US dollars, but compared with Phoenix Group, it is nothing.

Jerry Yang was very clear about this. More importantly, the person who called him was the well-known Vice President of Phoenix Group - Liu Mingzhang.

Who is Liu Mingzhang? It is true that he is the deputy executive president of Phoenix Group, but people outside know that Liu Mingzhang represents the financial world. He is a financial genius in Asia and an internationally renowned financial expert.

Isn't it strange that such a person came forward to negotiate with him to acquire Yahoo?

Maybe if Phoenix Group sent someone from its investment department to negotiate with Jerry Yang, Yang would still think it was nothing. But if they sent an Asian financial genius or an international financial expert, the situation would be different.

Yang Zhiyuan had no doubt that if he refused, Liu Mingzhang would use some means to forcefully and maliciously acquire Yahoo. There was no other way, because Yahoo was already a listed company.

Also, Jerry Yang thinks long-term. If, Jerry Yang means if, if Yahoo is acquired by Phoenix Group, what will it get? It is undeniable that Yahoo will develop further under the background of Phoenix Group.

Apart from anything else, just hearing that Yahoo was acquired by Phoenix Group would inevitably stimulate the rise in stock prices. After all, Phoenix Group is a large group with a market value of hundreds of billions of dollars, and investors have absolute confidence in Phoenix Group.

However, Yahoo was founded by Jerry Yang after all. Just like Lu Shaohua founded Phoenix Group, he treated his creation as his own child. It is emotionally unacceptable to sell his child.

This is also the biggest reason why the negotiations between Liu Mingzhang and Jerry Yang were slow.

……