Chapter 1341 The Dust Has Settled!

During the closed-door discussions, Robin was always out of shape.

His mind has been thinking, thinking, he wants to understand a truth.

They are all looking for a backer, so just look for the biggest one.

Who is the biggest?

De Fengjie's total disposable funds are not even one-tenth of Li Mu's worth, so the best choice at this time is to stand with Li Mu.

Li Mu is a strong person, and sometimes he makes bad tricks, but Li Mu has one thing for sure. He will not kill the people who really stand behind him. On the contrary, as long as the people who stand for him are not evil, they will be steadfast. If you keep up with Li Mu's development, you will definitely get an unexpected huge harvest.

Of course, if you want to get on Li Mu's boat and become a member of Li Mu's ecosystem, you must sacrifice enough shares to Li Mu in exchange for his resources.

For Li Mu, his approach is very simple. A total of 25% of the shares are chains. The payment of funds and the investment of subsequent resources are meat. If you want to eat meat, you have to accept the chain. This is the serious way to play. Otherwise, If you want to eat meat but don't want to be chained, you will be chased and beaten to death.

In the big ecological strategy of Tengxun and Alibaba in the past life, I don’t know how many such chains are in their hands. The other end of these chains are all companies and teams that rely on them to survive.

Moreover, these two companies are targeting each other to the point that if you raise Tibetan mastiffs, I will also raise them; if you raise golden retrievers, I will also raise them; if you raise Erha, I will have to raise them. Biting and biting late, the money-burning wars that will break out in the subdivision field for a long time are like a dogfighting game between two big rich men.

The description of the company as a dog is not because Li Mu discriminates, but to describe this attachment relationship as appropriately as possible.

Robin is also faced with a choice right now, whether or not his company should depend on Li Mu to survive. If so, then be more straightforward, put a chain on the company, hand over the other end to Li Mu, and then wait for Li Mu's various resources, otherwise , Li Mu may cultivate a bigger and stronger vicious dog to compete with his own enterprise.

De Fengjie's Jimmy is very depressed. He has called Robin's name several times, but his eyes are still empty, and he doesn't seem to take himself seriously at all.

Jimmy knocked on the table, and De Fengjie, the representative, stated his request: De Fengjie could allow Baidu to give 25% of the shares to Li Mu, but De Fengjie asked to increase capital to avoid dilution of his equity, and they Other shareholders can also be allowed to cash out their capital increase.

That is to say, Defengjie would rather spend more than reduce its shares.

This means that the team headed by Robin, as well as other small shareholders, has another opportunity to cash out.

However, Robin wasn't interested.

The 25% dilution of the equity has made it extremely difficult for Robin to accept. If Defengjie does not dilute, he and the team will further dilute the shares in their hands, so that they can make up the 25% for Li Mu. In this case, the team's There are few shares left.

And Robin also knew very well that as long as Baidu got YiTing.com and Li Mu became a shareholder of Baidu and exported resources to Baidu, Baidu's market value would definitely increase.

In this case, the more shares are retained, the more benefits can be obtained from them.

De Fengjie is very smart, but Robin is not stupid.

Robin looked at Jimmy and said very seriously: "If Baidu decides to acquire Yiting.com and introduce Li Mu as a strategic shareholder, we will not accept any form of capital increase. As a major shareholder and founder with the majority of voting rights, have the right to make the final decision."

Jimmy knew that Robin was about to show his cards.

Now, everyone is no longer negotiating, but fighting for interests. Robin is like a forced demolition team. We must forcibly demolish Defengjie's current shareholding ratio, and Defengjie is like a nail house, he can't give up life or death. His own interests, at least at this stage, he can't compromise,

He needs to be a nailer for a period of time, and he will consider a compromise after the price of the land rises.

Since negotiation is useless, then everyone can only fight the bayonet!

If you really want to talk about who really has the right to speak, then basically you have already tried to see it. In this way, De Fengjie's interests may be threatened, so Jimmy also began to show his fangs, saying: "Robin, I I advise you to think about it clearly. Although Defengjie is not a top investment institution, we still have a certain say in the US capital market. If you don't take our interests seriously, then all US capital will treat you in the future. Stay away!"

Robin looked at Jimmy, smiled slightly after a while, and said disdainfully, "Jimmy, you are embarrassed!"

Jimmy frowned. "What do you mean?"

Robin smiled and said: "Don't threaten me with my future prospects in the US capital market, because you do not represent the US capital market, nor can you! If you really want to reject Baidu on behalf of US capital, then you can consider withdrawing capital, as long as you nod your head. Withdrawal, I will sell iron and pledge all the shares, and I will also collect enough exit fees for De Fengjie at a valuation of 120 million, but do you have such courage?"

Jimmy was speechless for a moment.

Yes, while saying that the other party has no prospects in the U.S. capital market, on the other hand, as a capital company in the U.S. capital market, it is desperately holding on to Baidu's shares. This is obviously a self-contradictory thing.

Jimmy lowered his face and asked Robin: "Is it really going to be this way? At least Defengjie is the first capital to help you create Baidu. Without us, you and Baidu would not be where you are today!"

Robin is also tit for tat: "I know that without you, I and Baidu would not be where I am today, so I have lived up to your expectations. When you invested in me, the valuation was less than ten million dollars, and now it has exceeded one hundred million. Now you withdraw and gain Nearly ten times the benefits, I am worthy of you!"

Jimmy said: "You should be grateful. Besides, Defengjie can help you a lot. After a year or two, don't you want to be listed on Nasdaq?"

Robin nodded: "I want to go public, but I don't have to rely on your help, Jimmy, open the skylight and say something bright, Defengjie is the booster of Baidu's launch vehicle, you have completed the phased tasks, I It has also given you considerable benefits in stages, but at the capital level, there is no way for you to directly cut off the relationship, so from now on, Defengjie can sit back and enjoy its achievements. In the future, the development of Baidu will also bring Defengjie. There is more room for profit, but the premise is that Defengjie should not be too greedy, let alone interfere in the company's operations. From now on, you are no longer the booster of the rocket, but the load of the rocket, which is safe and stable. Wait, Baidu can take you to a higher place, which is also your best choice."

Jimmy's face was extremely ugly. When he saw that Robin was no longer something he could influence, he stood up and said, "Robin, remember what you said today, you will regret it one day."

After all, he got up to leave.

Robin stopped him and said seriously: "The last sentence, do your duty as a 'load', Baidu can bring you at least a hundred times or even hundreds of times the investment profit in the future. From now on, Baidu will not accept it. Any investment of Defengjie, but welcome to cash out at any time of Defengjie!"

Jimmy exploded.

The meaning of Robin's words could not be more obvious. Defengjie can never increase his share of Baidu. On the contrary, he expects Defengjie to cash out quickly!

An angry Jimmy slammed the door away.

Robin breathed a sigh of relief after he left.

It's not a technical thing, but it's something that requires courage.

However, Robin didn't regret it at all.

If De Fengjie was not so greedy and accepted the fairest solution of equal dilution, then everyone would not tear their faces today. On the contrary, everyone happily waited for Li Mu to help everyone make more money.

However, Defengjie is an organization that fully pursues its own interests, and even pursues some extremes.

In this case, it can only tear the face.

After tearing the face, there is no need to think about the next problem.

Robin greeted his assistant and said, "Go and say hello to President Li's assistant and say that I have decided to accept his proposal."

15%+10%.

Robin is no longer ready to bargain with Li Mu any more.

Because De Fengjie is his own negative teaching material.

Excessive bargaining, but will lose more.

Instead of doing this, it's better to make a decision as soon as he gritted his teeth and stomped his foot just like when he had a showdown with Jimmy.

So, Li Mu came over with a smile on his face.

Seeing Robin with a determined face, Li Mu asked him with a smile, "Robin, are you thinking about it?"

Robin nodded and said with a smile: "Mr. Li, think about it, back against the big tree to enjoy the shade, and Baidu will rely on you and your ecosystem in the future!"

Li Mu smiled slightly: "It's impossible to rely on it, let's work together."

Afterwards, Li Mu began to talk with Robin about all the details of the cooperation.

1. YiTing Technology will replace 15% of Baidu's shares with 100% of its shares, and Baidu's existing shareholders will be diluted in equal proportions;

2. Li Mu purchased 10% of Baidu's shares from all existing Baidu shareholders at a valuation of 120 million. Li Mu invested 12 million US dollars in cash, and Baidu's existing shareholders were diluted in equal proportions. The current shareholders can cash out 50%;

3. In his personal name, Li Mu lent Baidu an interest-free cash loan of US$8 million for a period of three years;

4. Li Mu, on behalf of himself and the existing shareholders of EasyTing Technology, fully authorizes the voting rights and board seats corresponding to a total of 25% of the shares after the merger to Robin, and Li Mu himself and other shareholders will not interfere in any way;

5. The default search of YY123 will be permanently set to Baidu search, and popular keywords will be linked to the result page of Baidu search;

6. Before the official listing of Baidu, Muye Technology shall not engage in the development and operation of search engine products, and shall not hold more than 20% of the shares in other similar competing companies;

After negotiating these few details, Li Mu immediately asked the two-way affairs and capital operation teams to conduct in-depth docking, so as to solve all process problems extremely quickly, and demanded that the dust be settled as soon as possible.

For Li Mu, YiTing Technology and YiTing.com are really the boosters of his business empire rocket. Now that it has burned out all the fuel and achieved the expected effect, it is time to separate from it!