Chapter 256 I Really Don't Want to Participate
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In Mr. Li's eyes, Li Mu has come up with two plans of one day, one place, one life and one death, and these two plans are the same paranoid and radical, which makes him feel that there is no sense of disobedience, a paranoid person It's all like this. One thinks of genius and one thinks of stupidity. This kind of person is especially obvious in the war years. The most typical example is Hitler, the leader of fascism. The military concept of blitzkrieg pioneered the motorization of modern warfare, but he also committed two-front warfare. Military taboo, and ultimately lead to failure.
In fact, the current President Li himself does not know that he is also a potential paranoid.
In a certain year in the future, when Baidu was a great success, Li Mu once read an autobiography of Mr. Li. In that autobiography, Mr. Li was most satisfied with his Internet career for so many years: focus, he said that Baidu is the A company specializing in search, he only does business related to search, and disdains to do games and e-commerce.
However, when Baidu realized that what it really lacked was a complete ecological closed loop, it was too late to try to improve itself. Because of his so-called focus, Baidu missed the two Internets of e-commerce and games. The super sector of the industry. Later, when o2o became popular, Tencent and Ali began to fight from the field of mobile car-hailing, all the way to the field of food delivery and group buying, and the fight was in full swing. Only then did Baidu realize that it has fallen behind a lot, and it is desperate to catch up. , When you spend a lot of money on o2o, it's too late.
Mr. Li saw extreme paranoia in Li Mu, and even forgot that he also had the blood of paranoia flowing in his bones. He just felt that this young man was finally more like a mortal, because mortals make mistakes, and Li Mu never does easy things. He has made no mistakes in many major decisions from listening to the Internet to do the post bar to the establishment of Mumuye Technology and 3321.
Coupled with Li Mu's extreme optimism about mp3 today, he almost doubted Li Mu, a young man under 20, how could he have such courage and vision, but now he felt that Li Mu also had times when his vision was wrong, such as his Extremely bullish on navigating websites.
Mr. Li said: "I disagree with you on the prospect of navigation websites. I think the ceiling of this product is easy to touch, and it is purely a product that serves the primary Internet form, and it will be a matter of time to eliminate it. "
Li Mu waved his hand: "That's because you ignored its huge potential in terms of traffic gathering. With it, you can control millions or even tens of millions of netizens every day. If you push him, they will watch and play. What, if you use this traffic portal to provide in-depth services, you will be able to stir up the entire Internet industry."
Mr. Li was so directly denied by Li Mu, and he was a little unsure in his heart, and his tone became a little indifferent: "The navigation station does not have any products of its own, it is a hyperchain concentration camp, except for traffic and a bunch of hyperlinks,
It is an empty shell. If you want to provide in-depth services on the basis of the empty shell, it means that every service and every product needs to be developed and perfected by yourself. The cost of manpower and material resources is very high. Yes, once the capital chain breaks in the middle, the end can only be death! "
Li Mu frowned: "Who told you that it can only be death? What if I could live?"
Mr. Li was also angry and said sternly: "According to what you said, your survival rate is poor, even less than 30%! Now hao123 is the dominant player in the industry, it is too difficult for you to surpass him, he now has Traffic, word-of-mouth effect, and advertising cash flow income, what about you now? If you really start to burn money, is the money on paper enough for you to burn for three months? How much profit does it bring?"
"You have to understand one thing, as long as your traffic is lower than that of hao123, your traffic and income cannot be equal. Suppose hao123 has a monthly income of 100,000 with one million traffic, and you have 800,000 traffic, and even 50,000 per month. It’s hard to guarantee, the most important thing is that you have to keep spending money to buy traffic to surpass hao123, but think about it, will hao123 sit still? He is a project with light assets and high returns, unlike you still dragging a Muye Technology, he is a Earn hundreds of thousands a month, and the cost is not one-tenth. What about you? If he also spends money to buy traffic to compete with you, what will you do? If he also raises money in a fit of rage, what will you do? What advantages do you have?"
Faced with a series of questions from President Li, Li Mu snorted coldly and said in a bad tone: "My advantage is my brain! I have absolute certainty to kill hao123 in 2002. As long as you agree to increase your capital, I will be fine!"
"Impossible!" Mr. Li categorically refused: "In this situation, it is absolutely impossible for us to increase capital. This kind of capital increase is a bottomless pit. Using money to smash this bottomless pit will make the capital side completely lose confidence in Muye Technology. If you want to melt the B round, you can melt it!"
Li Mu also showed an attitude that he would never be persuaded, and said arrogantly: "I am a major shareholder, and I am now asking for a capital increase. If you refuse, then I will join another shareholder to increase the capital. How much will we increase? Shares must be diluted proportionally!"
Mr. Li said: "It doesn't matter, the current valuation of Muye Technology is at least 300 million yuan. You have to increase the capital by 20 million yuan, which is only 200,000 yuan. We only need to invest 2 million yuan in Baidu. If We refuse to pay the two million, and if you convert it at the current valuation, we will not lose too much."
Li Mu said coldly, "Mr. Li, were you not there when we signed the contract? We clearly stated in the contract that we signed with President Tan that in the event of a dispute over equity or capital increase, we agreed to resolve it according to the company's last financing valuation. Not according to the market value, so I tell you clearly, if you refuse to increase capital, and I and other shareholders increase capital by 20 million, your shareholding will almost be cut in half!"
Mr. Li's face froze, and he asked Tan Yaocheng, "Is it signed like this?"
Tan Yaocheng nodded embarrassedly: "I told you about the situation at the beginning, Li Mu was relatively strong in this area. At that time, you meant that to ensure the success of financing, some issues could be compromised..."
President Li's face suddenly darkened: "Are you trying to kidnap us?"
Li Mu said with an expressionless face, "I said, you don't need to increase the capital, just wait for the dilution."
President Li thought for a moment with a cold face. Li Mu is a major shareholder, and he has the absolute right to ask for a capital increase. If he agrees to increase the capital, everyone will pay their respective share of money in proportion. If they refuse, it is normal to have their shares diluted, but President Li is very The paradox is that the mp3 business is really promising, but the navigation website project is really bleak. He doesn't want to follow the separation of Muye Technology and experience success and failure at the same time. However, if he refuses to raise funds, Baidu will be here. The proportion of the two businesses will be diluted proportionally, which is even more painful.
Li Mu's plan to navigate the website is too dangerous, and if Li Mu wants to split the company, he has to increase capital before splitting it up. Isn't this a fool? If he can split first, take Yiting.com into another shell, and then ask for a capital increase in the name of Muye Technology, he will not be so entangled now, and the big deal will let you dilute the shares of Muye Technology Well, anyway, there is no future plan, and it is very likely that the Tieba will be dragged down in the end, so I don't care that much on my side, as long as I can keep the 10% of Yiting.com.
Thinking of this, Mr. Li's eyes suddenly flashed a few bright lights, and he suddenly thought of a possibility, a kind of predicament that businessmen fighting on two fronts most often fall into.
If Li Mu falls into the quagmire of navigation websites in the future, if no one is willing to continue investing in Muye Technology, his Muye Technology will be on the verge of death. With Li Mu's paranoia, he will never let his project fail. He will definitely think about it. The way to raise funds is to maintain the navigation website and wait for the dawn.
And Li Mu's most obvious choice at that time was to sell the shares of EasyTing.com, and then pursue investment in Muye Technology.
If Baidu can do a good job in the acquisition at that time, take advantage of Li Mu's two-line battle, and want to take more shares of Yiting.com, it would be very easy to think about it, even if it is possible to obtain a controlling stake.
Mr. Li thought so, so he didn't think that Li Mu's paranoia was a bad thing, he pretended to be contemplative, and after a long silence he said to Li Mu: "Why don't you do this, if you insist on splitting, then we won't have any more. Intervention, however, our only requirement is to split up and then increase capital."
When Mr. Li said this, Li Mu was so excited that he was about to reveal his secrets.
He realized what Mr. Li meant. He no longer wanted to stay on the boat of Muye Technology. Since Muye was going to be split into two boats, he wanted to shift the focus to the Yiting.com boat. If he can't be the master, and he doesn't want to take advantage of it and throw money into it, he can be in a semi-give-up state and let himself toss and toss. As long as he ensures the development momentum of Yiting.com, he can guarantee the return on investment.
This was even better than Li Mu had expected. He originally wanted to intensify the conflict first, and then when the conflict became uncoordinated, he took the initiative to propose separation, but he didn't expect that President Li had already expressed this meaning, and the situation seemed to be more proactive.
Li Mu suppressed the excitement in his heart, but deliberately expressed his dissatisfaction and asked, "Mr. Li, what do you mean? Are you just not optimistic about my future plans for Muye Technology?"
President Li sneered: "It's not that I'm not optimistic, it's just that you and I have different focus points. To be honest, I'm interested in a navigation station, but I definitely don't want to make a navigation station myself."
Li Mu forced to ask: "Then you want me to split first, do you mean that after I split, I increase the capital of Muye Technology and do the navigation website, and you will not participate?"
Mr. Li knew that he couldn't hide it from Li Mu, and now he has no right to speak in Muye Technology, so he can only talk to Li Mu, so he nodded and said, "To be honest, I really don't want to participate."
Li Mu nodded and didn't speak, his face turned black and his heart was overjoyed...
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