Chapter 1096: 0 Degrees

Li Yanhong, from the United States, once worked in the United States Soxin Company, the largest search engine company at that time, and invented hyperlink analysis technology, a basic search engine patent technology, and applied for a United States patent.

He has always wanted to be Huaxia's own search engine company instead of continuing to work for others. For this reason, in the past few years, he has returned to China every year for inspection.

It wasn't until last year that he realized the time was right. From the listing of Xinlang and other companies on NASDAQ in the United States, it can be seen that Huaxia's network development is about to start to blow out, which is a good opportunity for him to start a business.

So he resolutely returned to China, and recruited his partner Xu Yong, and then recruited several graduate students from Capital University, Tsinghua University, etc. What excited them most was that an associate professor from Capital University also joined them and became The technical director of their company.

By the way, the company he founded is called Qiandu.

But their funds are too small. Li Yanhong and Xu Yong don't have much money except for buying computers and renting hotels. How about paying wages and living for the employees? The professor at the Capital University was even poorer. If he hadn't been unable to get funding, he might not have joined them.

So, at this time they planned to recruit a partner.

Originally, Xu Yong was interested in one of the three major portal websites, including Xinlang, Wangyi, and Ruohu. They had just gone public, were rich, and matched with the company.

After the search engine of their Qiandu company is launched, it can be used by the website to make a profit.

But Li Yanhong objected, so they would be easily merged by those websites. They saw many such companies in Silicon Valley, and they were merged just as they started to improve. That was far from their dream of starting a business.

Besides, he still has the patent of hyperlink analysis technology. With this basic patent, he is qualified to negotiate with many big venture capitalists.

At this time, he noticed Taihua Consulting Company, which was advertising overwhelmingly. It is said that the three major portal websites all have venture capitalists from this company, and their reputation is very good.

...

"This is your plan? Your name is Li Yanhong?" Sun Lijie asked while looking at the plan.

"right."

"In your plan, it is estimated that you will not make any money within three years. Did you make a mistake?" Sun Lijie asked curiously. When other companies recruit venture capital, they can't wait to tell him that if they get the venture capital, they will be profitable the next day.

Why is this different? It is not expected to make a profit within three years? And this Li Yanhong, his name is very familiar to him, isn't it the one that Mr. Feng told him to focus on.

Li Yanhong replied cautiously: "I am not wrong. According to our plan, it is really difficult to make a profit in the first three years. We need to invest too much. Not only in research and development, but also in advertising. But after three years, I promise PPC search alone can make us pay back, and there are some advertisements, etc., we can definitely make a profit.”

"It says on it that you need an investment of 100 million RMB, and then you are only willing to give us 49% of the equity?" Sun Lijie sneered.

Your company, if you don't count your patented technology, is only two million now. Why is your patent valued so high?

"Mr. Sun, this invention of mine is a basic invention of a search engine. There is a company called Gu Ge in the United States. I don’t know if you have heard of it. It provides search engine services for portal websites such as Yahoo! I started to build an independent search engine website again, and many investors are looking forward to the listing of this company, and claim that after the listing of this company, the stock price will definitely exceed 100 billion US dollars!"

"did you mean,

Is your Qiandu company comparable to Guge? "Sun Lijie asked back.

"Not yet, but I am confident that in terms of Chinese alone, ancient songs are definitely not our opponents. Because only Chinese people can understand our Chinese language better!"

"How many employees does your company have now?"

"Ten, count me." Li Yanhong was a little embarrassed.

"Counting you are only ten people, the scale is too small. I heard that Gu Ge has an idea to enter the Chinese market. When the time comes, the website will use Gu Ge's search engine. How can you compete with others?"

"Because most of Guge's engineers are Americans, they are not familiar with the grammatical habits of Chinese, and there must be many mistakes and omissions in it. However, we are all engineers from China, and they all speak Chinese, which naturally has an advantage. The most important thing Yes, we are a Huaxia company, so we should be protected, right?"

"An investment of 100 million yuan, I can decide, but your shares are too small. I'm sure, no one will invest so much in you except our company. We want 70% of the shares, there is The kind of voting rights, I think this is more reasonable, you can go back and discuss it with your partners."

"Mr. Sun, will you let the company you founded belong to someone else?" Li Yanhong asked back.

"It depends on the specifics. If the price offered by the other party is high enough, it is not impossible to sell it. I think you may have heard that the three major portals in Huaxia currently have shares in our company. If you accept If we meet our conditions, then the search engine services of these three major portals can be handed over to your company Qiandu." Sun Lijie said relaxedly.

Compared with this point of face, the three companies will still give it, provided that the technology of this Qiandu company is good enough. But for those who have patents for basic inventions of search engines, their technology should not be too bad.

"Mr. Sun, your terms are very attractive, but I cannot agree to them. I will not let the company I have worked so hard to build end up in the hands of others. How did I hear that the major shareholder of Wangyi Company is still Mr. Ding Lei What about it?" Li Yanhong refused.

"Don't worry, maybe you don't know very well, you can go to Xinlang, Ruohu and other companies to inquire whether we have intervened in their company's management? We have even been helping them. Didn't you find out, Xinlang The major shareholder of the company is our company, but the chairman is someone else."

"That doesn't work either, unless it is stated in the contract that most of the shares you get are non-voting shares." Li Yanhong insisted.

"Then what ratio do you think is more appropriate?"

"Thirty percent is not low, and the rest are non-voting shares." Li Yanhong said.

"Forty-nine percent, you still hold the most voting shares. And let me remind you, the longer the delay, the harder it will be for Qiandu to develop. Guge's development is very fast in the United States. By the way Tell me, Gu Ge also has investment from your big boss, if we set up a Chinese search engine company with Gu Ge as the core, do you think your company can have any great development?"

Li Yanhong's eyes widened. What did he say, his big boss also participated in Gu Ge's investment? Is Feng Yu still a shareholder of Guge?

In this way, it seems that his patented technology is not too great, and others can do it without him.

Li Yanhong gritted his teeth: "Okay, I will give you 49% of the voting rights, and a total of 70% of the shares. When will the investment we want arrive?"

Sun Lijie said with a smile: "If you sign the contract, you can get it in the account on the same day!"

...