Chapter 2077 Fierce Debate
After flying to Silicon Valley, Feng Yiping drove directly to Google without going to NEXTDOOR or going home.
He didn't speak during this whole journey.
In the parking lot, he bumped into Mayer.
When he got out of the car, Mayer just got out of her old BMW with her mobile phone, "Feng, long time no see!"
"Long time no see," Feng Yiping finally had a smile on his face, "How are you doing?" He and Mayer walked side by side towards the office building.
Downstairs from Google, people were still coming and going, and people greeted him from time to time.
Mayer turned slightly sideways towards him. To outsiders, it looked like he was talking about work, but what he actually said was, "For the past few nights, every time I passed by the bar, I struggled a little."
"Perhaps, if you don't come back, I will randomly enter a bar on my way home tomorrow night and pick one at random."
Feng Yiping felt a little itchy, what a bitch!
"Haha," he said loudly, "at work, you will always encounter many difficulties, but when you overcome all the difficulties, the sense of accomplishment at that moment is the most unforgettable and impressive for you, isn't it? ?”
Mayer was speechless and actually took the opportunity to teach me a lesson? Her voice also became louder, "That's not necessarily the case. If you are troubled by a problem for too long, those days will be very painful. But if you divide a big problem into many small problems and overcome it a little bit every day, you will have success every day. A small sense of accomplishment is exhilarating,"
An employee who passed them on a scooter was a little impressed. These two are really dedicated!
Every day? "Do you know anyone who knows the art of cloning?" Feng Yiping asked in a low voice.
"I don't know, but I can teach you some lessons on how to allocate your time wisely," Mayer said, soft yet strong.
Feng Yiping could tell that she enjoyed the process of bickering.
This is Google’s damn corporate culture!
When he raised his head, he saw that the instigator was in front of him, with his hands on his hips, watching them talking, and a person next to him was listening attentively.
Suddenly, Feng Yiping was tapped on the shoulder, "Hi," he looked back and saw Brin getting off the scooter. He greeted Mayer first, "Martha," followed by a tight hug. He called Feng Yiping and said, "Man, welcome back,"
Page must have solved the problem at hand. He left the person beside him and took a few steps towards this side, "You didn't even go home first?"
"One is at work and the other is in kindergarten. I can't see them when I go back," Feng Yiping said.
"That was mostly Schmidt's opinion," Page explained.
"I know," Feng Yiping nodded.
Mayer looked at the small piece of fresh meat in front of her between Page and Bryn, pursed her lips and nodded. She felt that every cell in her body, from the inside to the outside, was full of vitality.
Although it was already noon, she felt that a beautiful day had just begun.
…………
"Feng, welcome back," when Schmidt walked into the conference room, Feng Yiping and the other three were already there.
"Long time no see Schmidt," Feng Yiping shook hands with him.
"How's it going? Work in China is going well, right?" Schmidt asked with a smile.
"The progress of China's work has been reported in detail in the email. I think there is no need to waste time on this issue," Feng Yiping said.
"So I'm a little confused. Regarding whether to acquire Baidu, I think we have already reached a consensus, right?"
His attitude wasn't very good.
Schmidt was still smiling, "Yes, Feng, we all understand that, but now, the situation has changed somewhat. We believe that if we can acquire Baidu, it will have an impact on both our global layout and the development of our Chinese business." A huge help,”
Before Feng Yiping could speak, he rushed to say, "You also understand that the $5 million we invested in it was originally to pave the way for the subsequent acquisition, right?"
"I don't want to know what has changed now? Is it because its IPO is imminent? I just want to say that we have all had contact with them. Page and Brin, do you think they are willing to be acquired by us?"
Page and Brin thought about that visit. They actually gave everyone a holiday there. They were wary of Google. This showed that it was not easy to acquire Google.
They also recalled the meeting with Robin in Australia earlier, when they had not officially started their business. He was a very quiet person, good at listening, and did not express his opinions easily.
Generally speaking, once such a person makes a decision, it should be difficult to change it.
"Schmidt, you have been there too, what do you think? Do you think they are happy to be acquired by us?"
"I admit that they are very wary of us, or in other words, they are far from friendly, but this just shows that they also recognize our strength. In this way, there is the possibility of acquisition, isn't it?"
"Yes, generally speaking, it is true that strong companies acquire weak companies, but this naturally does not mean that weak companies are happy to be acquired by strong companies," Feng Yiping said.
"Otherwise, why did we reject it repeatedly when Semel came to make an offer?"
He recalled that when Yahoo came to acquire Google, he failed and was humiliated.
The example was moved out.
"Haha Feng, you should understand that their team is different from our team, Robin is different from Page and Brin," Schmidt said.
"We have all had contact with them. I don't know what you think of them. I only know one thing clearly. Starting from the founder Robin, they have a very significant characteristic, that is, they value profit very much. This is another favorable factor for us to acquire them,"
"Of course, I admit that they should also have the idea of changing the world and serving the public,"
Feng Yiping felt quite uncomfortable with Schmidt's words.
Although what Schmidt said was somewhat reasonable, although Feng Yiping was with Google, it was a domestic company after all, and the people Schmidt was talking about were compatriots after all.
We can talk about some issues ourselves, but it is still a bit harsh when outsiders talk about them.
"So, you are sure that we can acquire them, especially at this time, before their IPO?"
"Yes," Schmidt was very confident. "I think, in the past few months, they must have clearly understood how complicated it is to go public. There are too many related laws. If one is not handled properly, not only will the IPO be hopeless, but it may also bring irreparable negative impact to the company."
"They don't have to go public at all. We can acquire them, or we can continue to invest in them and form a closer cooperative relationship between the two parties."
"As for the acquisition, I think this is not a problem. What will their market value be after they go public? Optimistically speaking, $1 billion or $2 billion?"
"We will double it to $4 billion. Then on the basis of $4 billion, we can also pay a 50% premium and acquire it at a maximum price of $6 billion. Do you think they will be tempted?"
Feng Yiping admitted that they might be tempted.
Because according to some previously published documents, Wolf Factory's revenue last year was only $14.2 million, and according to some news he received sporadically, although Wolf Factory has high expectations for this IPO, they are absolutely not confident that the market value will reach $4 billion.
According to that calculation, the total share capital of Wolf Factory is more than 32 million shares, and the issue price must be more than $120 per share. No matter how much they love money and how brave they are, they will not set such a high issue price.
"And $6 billion, even if it is cash, we don't have any problems now," Schmidt said easily.
"Schmidt, I appreciate your optimism, but I don't understand where your optimism comes from? After all, you are facing a company that occupies more than 70% of the search market in a country with more than 100 million netizens and a total population of more than 1 billion."
So, Feng Yiping's contradiction lies here. Although his impression of Wolf Factory is not good because of its later actions, because of his identity, he is sometimes proud of Wolf Factory's achievements.
"The favorable factors you mentioned that can facilitate our acquisition are actually the factors that make it difficult for us to acquire the company,"
"Yes, they focus on interests. Because of this, do you think they can make a bet that their company's market value will be higher than 6 billion US dollars in the future?"
"I think your offer will be a reason for them to firmly think so,"
"We can imagine that on the eve of our listing, if Microsoft came and said, don't go public, your market value after listing will definitely not reach 40 billion US dollars, how good would it be for us to buy it for 60 billion US dollars?"
"What do you think our first reaction would be?" When he was excited, Feng Yiping couldn't help knocking on the table twice and almost stood up.
PS: It's so early again, so it's worth encouraging with some cute votes!