Chapter 1483 The Different Philosophies of the East and the West

For capital, sufficient concepts and prospects are equivalent to sufficient value. Li Mu has experienced the golden period of the rapid development of the Internet industry for more than ten years, and has a very deep understanding of this principle.

It is based on this understanding that he knows how to create a multi-win situation in front of the capitalists, whether it is a win-win situation or a triple-win situation, as long as the operator has a big enough pattern, far-sightedness, and solid control, all can be achieved.

The concept that Li Mu gave to Google is: the world's largest search engine, non-Chinese search engine, is the undisputed No.1 in any language field, and there is no opponent in the world, the only one capable of defeating it is Muye Technology has also become its godfather. With Muye Technology as its backing, it is impossible for Microsoft, Yahoo or any other company to threaten Google's position. Google will be invincible in the field of search engines. ;

The concept that Li Mu gave to Baidu is: the world's largest Chinese search engine, also backed by Muye Technology, and even Google cannot have a substantial impact on its core business, it will divide the world with Google, and in Muye Technology Peaceful coexistence under the coordination of Google will ensure its position in the Chinese search engine. Compared with before, the current prospects are bright, and it has a 3.33% stake in Google, which is a huge increase in its own market value. In this way, although Baidu may lose its overseas market in the future, the capital market did not expect it to snatch overseas market resources from Google. From the perspective of the capital market, Baidu can hold the Chinese search market. has been the greatest success;

The concept that Li Mu left to himself is: Muye Technology has become a shareholder of the world's two largest search engines, locking in the dividends of the search engine market in advance. In the next ten or twenty years, a considerable part of the mission of Google and Baidu is to replace Muye Technology To make money, Li Mu did not pay any substantial price for this. He just sent the search needs of his own users to Google and Baidu respectively. For Li Mu, it was not a loss of resources, but a loss of resources. in-depth development;

Three different companies are completely different but do not conflict with each other, and can form complementary concepts, which lays the foundation for the three companies to form a win-win situation in the capital market, which is hugely attractive to capital.

Soon, the capital market conducted an in-depth analysis of Google's acquisition of Muye&Baidu. Their forecast of Google's prospects was almost the same as Li Mu, and even more optimistic than Li Mu. They believed that Google's valuation will be able to stand at the end of the year. A high of $20 billion, and doubling it the following year, followed by an IPO, will definitely not encounter any resistance.

And they are even more optimistic about the prospect of Muye Technology, because Li Mu's current "godfather" status has begun to be prominent on a global scale.

Muye Technology owns the shares of two search engines, Baidu and Google, and has stifled traffic and viscosity users at the source. In the future, even if Muye Technology itself does not engage in any search engine business, the dividends of this piece have been steadily eaten. Based on the capital market's estimation of the search engine market prospects,

In the future, Muye Technology may create a market value of hundreds of billions of dollars just by relying on this part of the shares.

It's terrifying to think about.

Let’s not talk about the business you own. The business you own has a potential market value of hundreds of billions of dollars. A company like Muye Technology is already a super giant in the Internet industry.

It is precisely because of this understanding that the valuation of Muye Technology in the capital market has exceeded 100 billion US dollars. If Muye Technology decides to conduct a new round of financing now, the capital can be given at least 12 million US dollars. If Li Mu has plans to launch an IPO next year. As long as it is announced, the capital will definitely give a higher premium in order to catch up with the last chance, not to mention $150 billion.

Without Li Mukeng, Google's valuation has fallen to within the five billion range, and it may continue to decline in the future;

After being bitten by Li Mu, Google's valuation will not only return to more than 10 billion, but may also exceed 40 billion next year. This huge contrast has given those doers and techies a huge stimulus.

The capitalists' renewed optimism about Google's prospects made these doers and technologists suddenly realize that capital operations were not the additions in their minds, but the multiplications like Li Mu, which originally seemed like Google suffered a big loss. Because of Li Mu's manipulation, after it was really put on the capital market, Google has gained great benefits!

Google's "lucky experience" has made many companies look forward to joining Li Mu's ecosystem and becoming the next Google by sacrificing part of their equity.

After YY landed in the United States with the momentum of raptors crossing the river, Paradise Town and Plants vs. Zombies swept the world like a storm, YYtunes integrated music lovers around the world, and Apple was acquired by Muye Technology, Li Mu once again Shocked the entire Silicon Valley and Wall Street.

This time, Li Mu used the conspiracy left by his ancestors in China to stage an unparalleled capital show for Silicon Valley and Wall Street.

Every day, the capital market hears a lot of conventional operations such as acquisitions, mergers and acquisitions, investments, shareholdings, splits, mergers, etc., as well as unconventional operations such as monopoly, malicious competition, and malicious mergers and acquisitions. "Events rarely happen in the world capital market.

Li Mu made Google finally accept the acquisition of Muye& at a huge price, which is actually a textbook case of "malicious acquisition".

Reports about this merger in Silicon Valley and Wall Street covered almost all the front-page headlines, but everyone's opinions were seriously contradictory. One side felt that Li Mu's operation was unparalleled and impeccable, and it could even be written as a classic case in a textbook in the financial field. The other party felt that Li Mu’s actions really set a bad precedent for the capital market. In the future, such “malicious mergers and acquisitions” may emerge one after another.

However, a report in the Wall Street Journal analyzed Li Mu’s approach from another angle. The author of this report is signed Rui-Liu, who seems to be a Chinese or a Chinese. He commented on Li Mu in the article. "Malicious M&A":

"Westerners have their own set of philosophy of life, and Easterners do the same. There are huge differences between the two cultures, which makes it difficult for Westerners to learn the strategies of the Easterners, and it is also difficult for the Easterners to learn the logic of the Westerners. , especially the Chinese people, since the generation of the ancestors, they always pay attention to planning and then act. This makes the Chinese people's way of doing things much more complicated than the Westerners. In the eyes of Westerners, there are only one or two solutions. , In Huaxia, there will be many solutions due to strategy."

"The most representative of these is the solution to debt. In the West, there are basically only two solutions to debt, either repayment or not repayment. In the eyes of Westerners, there is no third solution for this kind of thing. However, in China, there are countless solutions for this kind of thing. For example, Li Mu's "malicious acquisition" of Google this time is not common in the West, but in China, especially among Chinese folks, such cases occur almost every day. It's all happening."

Rui-Liu gave an example to Western readers in the article: "Suppose A and B are business partners, and A owes B 500,000 yuan, but the two parties still cooperate, and the amount of cooperation and the profits generated are huge. When it reaches 500,000, B's appeal for the 500,000 debt will become weak and lacking in confidence, unlike Westerners who do business, all accounts are sorted out clearly, one yard for one yard;"

"Although A won't directly relinquish the 500,000 debt, he will try his best to come up with a solution that is more suitable for him. At this time, he thinks that he just has an Audi A6L that has been driven for five years. When the car was purchased in Huaxia five years ago, it was exactly 500,000 yuan, but the current market price is only 200,000 yuan, so he said to B: I'm sorry, I'm a little tight recently, and the 500,000 yuan debt is temporarily inconvenient. You, but my A6L is 500,000 yuan, or you drive this car away and we will clear the account."

"What A really wants to release to B is: you either accept the car to offset the 500,000 debt, or you wait indefinitely, and you may not get a cent at the end of the 500,000. Such a solution is In the eyes of Westerners, it is incomprehensible and unacceptable, but in China, most people like B would choose to accept this apparently inappropriate deal, because for them, it is not hurtful, and at the same time. The best solution to recover the loss as much as possible;"

"So, the final practical solution to this debt is: A gave B a car worth only 200,000 at most, offsetting the half-million debt between him and B. It seems that A is very shameless, but it must not be Deny, this is indeed a legal transaction that you love and I wish. From this point of view, A is successful. He successfully settled the debt of 500,000 yuan with the actual value of 200,000 yuan. This is the common people of China. Common 'malicious takeover'."

This article has aroused great repercussions in Silicon Valley and Wall Street. Many people are discussing the case mentioned in the article, discussing this oriental strategy, and using it as the standard to measure Li Mu's "malicious acquisition". Many people were surprised to find that Li Mu's method of selling Muye&Baidu to Google is very similar to Rui-Liu's article on paying off debts with cars. Use violence to make the other party willingly accept an apparently unreasonable and unfair cooperation.

But Rui-Liu's article also has a passage that is very recognized by Western elites. He said: "In fact, any commercial transaction is strictly unfair. The actual material cost of a bottle of Coca-Cola may only be a few cents, but In the U.S., it’s almost a dollar, a difference of dozens of times, is it fair? The middleman buys a certain commodity from the supplier at a price of one dollar, and then sells it to the user for a few dollars, is it fair?”

"Since Coca-Cola can sell half a gallon of water mixed with white sugar and other additives for $3, why can't Li Mu sell a $10 million company for billions?"