Rebirth of the World’s Richest Man

   Chapter 2703 Unwilling to be a minority shareholder

The scale of Baidu Company was not very large at this time, but this is also a characteristic of the early stage of the Internet industry. In addition to the fact that it has grown bigger after it went public, at the beginning, it was just a few people gathered together, and then there were two computers. Program software can be developed.

  Many people who have no money even rent servers. Anyway, there is a room in the early stage, just a few people, and the promotion in the later stage, etc., that is a matter in the later stage.

   It is true that not many people are needed in the early stage.

   But the magic of the Internet industry is that even just a few people can create great value, unlike a labor-intensive industry that can require a lot of people, but the profit is just that.

  Speaking of the emergence of the Internet industry, it is also a huge challenge to the original traditional industry. In the past, everyone worked hard to build factories, recruit workers, import raw materials, and then produce finished products and find channels for sales.

   After the final payment, the labor cost will be deducted. If the product is popular, the replacement of the product should be considered, and then the enterprise will be bigger and stronger bit by bit.

   It will take several years before the issue of listing can be considered.

   To sum up, the initial investment is large, the profit is not high, and it takes a long time, and the final listing can be regarded as a mix.

   However, the Internet industry is different. The investment required in the early stage is small, the time is short, the listing is relatively fast, and the time for share appreciation is relatively short.

  Li Yanhong was enthusiastic about introducing their search engine to Jiang Xiaobai, but Jiang Xiaobai was a layman. He didn't understand these technical things at all.

   But he still smiled and encouraged. After a while, Zhang Jun called and said that it had been negotiated. The final price was 1.8 US dollars per share, which was slightly higher than Jiang Xiaobai's bid.

   "Okay, you prepare the contract, sign it with them, and I'll just sign it after I've signed it."

  Jiang Xiaobai was about to hang up the phone after talking casually. Li Yanhong asked in a tangled state, "Jiang Dong, do you want to sign the contract directly? Do you want to prepare a press conference or something?"

   "Is it necessary?" Jiang Xiaobai asked subconsciously, this is a multi-million dollar acquisition, which is really nothing to Huaqing Holding Group. Is it too exaggerated to hold a press conference.

Li Yanhong was also a little embarrassed when he heard the words. According to his idea, Jiang Xiaobai of Huaqing Holding Group invested in their whiteness, and the shares of whiteness were changed. When the time comes, some news media and reporters will be invited to publicize it. This will affect their whiteness. It's also a propaganda.

   It can also enhance confidence for other shareholders, not to mention, if the acquisition price of Huaqing Holding Group is publicized, it is also a gesture for their whiteness to rise against the trend in the cold winter of the Internet.

   So he still wants to promote it, but he also understands Jiang Xiaobai's feelings. These multi-million dollar acquisitions are really nothing to Jiang Xiaobai.

   To ask Jiang Xiaobai to inform the media reporters is indeed a bit of a fuss. Even for such a small acquisition case, it is disgusting to inform the media reporters to come here. At that time, it is just to sell Jiang Xiaobai's face.

   But if the notification is made in the name of Baidu, the media reporters who will come at that time will be two or three cats and dogs, which will not achieve the effect of publicity at all.

  Jiang Xiaobai looked at Li Yanhong's embarrassed look, smiled and said, "If you want to inform the media reporters to hold a press conference, just do it, then I will let Zhang Jun participate."

Jiang Xiaobai made up his mind not to participate. He personally attended the multi-million dollar acquisition. What he knew was that he attached great importance to this matter. If he didn't know, he would think that something happened to Huaqing Holding Group. All acquisitions require your own presence.

What's more, if he appeared by himself, it would be easy to stir up the whiteness and promote it for the whiteness. Jiang Xiaobai has no opinion, but if there is excessive publicity, Jiang Xiaobai is afraid that the whiteness will change in the future, and if there is any slack due to it. In my heart, I feel that I can sit firmly on the Diaoyutai and become famous.

   That is to hurt the whiteness. As for the millions of dollars invested in the water, to be honest, it doesn't matter that Jiang Xiaobai has lost all of it, because the name of whiteness in the previous life is worth millions of dollars.

   "Okay Director Jiang, then I'll make arrangements." Li Yanhong was relieved when he heard the words.

   "By the way, the IP side holds shares in your company. I'm also going to contact you to see if I can buy it and say hello to you in advance." Jiang Xiaobai said.

Li Yanhong nodded and wanted to ask if he needed help. This IP company only holds 2.4 million shares, because it is an investment from an angel round, not too much. Jiang Xiaobai is just acquiring the IP company that holds the shares. If the 2.4 million shares come in, it is just a minority shareholder.

  It is definitely unwilling to be a minority shareholder in the capacity of Jiang Xiaobai. If the investment company of Huaqing Holding Group is similar, but Jiang Xiaobai is a minority shareholder, how can he be willing.

   If you don’t want to invest, if you want to invest, you must occupy a considerable part of the shares.

Li Yanhong was prepared for this. In addition, he had paid attention to it before. Jiang Xiaobai invested in Penguin and directly won 40% of the shares, which has already allowed the Penguin founding team to hold a share of to a dangerous level.

  Because there is only 11% of the shares missing, Jiang Xiaobai can hold the shares, and the founder team's shareholding ratio can reach the shareholding ratio, which is actually very dangerous. At this time, if the capital buys a part of the shares from the founder team.

  Then it will be directly controlled.

Don’t say that the founder team is single-minded and so on. When facing capital, as long as the price is enough, there is no single-mindedness. After all, the purpose of starting a business is to make money. Now the capital is willing to give money directly, as long as it is in the heart. Why not give the price.

   As for love and the like, in the face of money, there is no so-called loyalty, only the bargaining chips of betrayal are not enough.

   What's more, the founder team itself will have conflicts after the company develops to a certain extent, not to mention the intervention of capital.

  So generally speaking, if the company's shares are too much owned by capital, or if one company is dominant, the founder will buy back part of the shares from other founding team partners to achieve the purpose of holding and controlling the company.

   However, Jiang Xiaobai's reputation is still very good, and Li Yanhong has not heard about the repurchase of shares from other people.

   (end of this chapter)