Chapter 182: You Taste Your Taste
The reason why Google will withdraw from China is that Google's corporate culture is not adapted to China's national conditions.
Since its establishment in 2006, the company has been providing information to the U.S. government, which is not allowed to provide information to foreign governments under Chinese law, but Google insists on doing so.
At the same time, under Chinese law, the Chinese government has the right to ask Google to assist in providing some information, but Google refused, and it escalated to a question of values.
If the original time trajectory is followed, Google will announce its final withdrawal from the Chinese market in March next year, and Zhang Yiyi is now forming a team to intervene in this matter, and there is still room for operation in a long time.
"Do your best, obey the destiny of heaven!"
At the end of the conspiracy between the two, Ding Le finally used these six words to encourage Zhang Yiyi. There were too many uncontrollable factors involved in this deal, and he didn't want to put too much pressure on Zhang.
In addition, Ding Le had a reason in his heart that he had not revealed to Zhang Yiyi. In a few months, Professor Li, Google's global vice president and president of Greater China, will announce his departure, and Professor Li will immediately establish "Innovation Works".
Even if Weibo fails to acquire Google China in the end, as long as Zhang Yiyi and Professor Li are online during the acquisition process, Ding Le's goal will be achieved.
Professor Li's resources and influence in the IT industry are far more powerful than the current Zhang Yiyi and Ding Le. In particular, since the beginning of the new millennium, he has successively written letters to Chinese college students, and later founded the "My Learning Network", which can be called a life mentor for Chinese college students.
What Ding Gushen decided to do has always been willful and casual. With Ding Le's authorization, Zhang Yi acted quickly, and he found Goldman Sachs, a Wall Street investment bank, to carry out specific operations.
In the final analysis, the stay of China's business is controlled by the US headquarters, and Zhang Yiyi's trick of taking a salary from the bottom of the kettle makes Ding Le still have high expectations.
After the conspiracy between the two ended, Zhang Yiyi briefed Ding Le on the recent development of Weibo. Since Weibo officially opened the public beta, the number of users has maintained an accelerated growth curve, and the number of registered users has exceeded 20 million, and the daily active users have reached 5 million.
"Now the average number of new users per month has reached 5 million, and with the development of 3G and mobile Internet in the future, this data will be further improved. ”
When it comes to the development of the company, Zhang Yiyi's excitement is indescribable.
"Accelerating development is a good thing, but we must always be vigilant against the risks involved, and we must be politically correct!"
Ding Le was not surprised by Weibo's achievements, and he once again reminded Zhang Yiyi to always be vigilant.
Weibo has a strong news media attribute, and has continuously witnessed all kinds of major news events since its establishment, and has now become the first source of many news. Google's withdrawal from China is due to failing the question of political correctness.
After talking about things, it was late at night, and at this time, Ding Le walked out of the Weibo building, and there was a gray scene between heaven and earth, and even the building opposite only leaked a rough outline.
Last year, the imperial capital hosted the Olympic Games, and the air quality improved for a while, but now it has taken a sharp turn.
"Alas, what the hell!"
While Ding Le sighed, he thought of the particularly popular song "Breathing Pain" by Malaysian female singer Liang Jingru.
At present, smog has not attracted people's attention, and PM2.5 is still only a professional academic term.
Early the next morning, Ding Le woke up from his sleep, and it was still gray outside the window. His itinerary today is to go to Autohome to visit Li Xiang.
Before coming to the imperial capital this time, Ding Le and Li Xiang had phone contact, and the young and promising Li Young wanted to start the B round of financing, and he had to get the support of major shareholders before that.
In July last year, Autohome suffered a cash flow crisis, and after Galaxy Investment invested in the shares, Autohome made great progress in this year, and of course, most of Ding Letou's $50 million was also burned.
Autohome's success has been sought after by many venture capital institutions, and investment managers have appeared in droves like hyenas.
Seeing that the cash in the company's account is dwindling day by day, Li Xiang, who has experienced a crisis, naturally does not want to repeat the mistakes of the past. On the other hand, the conditions offered by venture capital institutions are indeed exciting, and Li Qingqing's heart is contradictory at this moment.
At ten o'clock in the morning, accompanied by He Jun, Ding Le walked into the office building of the Autohome, and Li Xiang was already waiting for Ding Le's arrival in the hall downstairs.
In the office building, the telephone on the workstation is ringing one after another, the young and beautiful female employees are quickly tapping on the computer keyboard, and the employees walking in the aisles are all carrying the wind under their feet.
Ding Le saw the busy scene in front of him, and thought that the development of Autohome is indeed fast, and it is far more intuitive to walk around the scene than to sit in the office and read the financial report and analyze the data.
In the conference room, after a brief greeting between the two sides, they officially entered the talks.
Li Xiang introduced the company's recent development to everyone according to the usual practice. As his PPT turned page by page, and then transitioned to the next step of development, Li Xiang focused on the company's Series B financing plan.
Thirty minutes later, after listening to Li Xiang's plan, Ding Le said calmly: "According to our A round of investment agreement, in the B round of financing, we have the right to hold shares without dilution, and cutting off people's money is like killing parents, I have no objection to your financing, but the interests of Galaxy Investment cannot be damaged!"
"Mr. Ding, you can rest assured, we will strictly abide by the contract between the two parties, and the company is actually preparing for the IPO by promoting the B round of financing!"
Li Xiang couldn't help but breathe a sigh of relief when he saw that Ding Le had no objection, since Galaxy Investment became a major shareholder, he has always supported his work, and he has not dropped the chain at a critical time, which is indeed rare.
"What, the company is planning to go public?"
Hearing Li Xiang say this, Ding Le was a little surprised, this timeline is different from before his rebirth, is it because of his own intervention, which led to the early listing of Autohome?
"Yes, the company is growing better than expected, I want to go to the New York Stock Exchange to ring the bell!"
In front of Ding Le, Li Xiang did not hide it, he confessed his ambitions to Ding Le. Looking at Li Xiang's ambitious expression, Ding Le saw through it and didn't say anything.
On the surface, the introduction of venture capital is mainly to help the company improve its governance structure, but in fact, it is secretly to use the resources of venture capital in the regulatory layer to promote the company's smooth listing.
Surprise investment before listing, venture capital is like a black club, you product, you taste.
"Which venture capital firm are you going to work with?"
"Kleiner Perkins!"
During Ding Le's short sale of Wall Street, Xia Xiao provided a lot of background information about Wall Street investment banks and venture capital, so he is not unfamiliar with this name, Kleiner Perkins Huaying is the largest venture capital fund in the United States, KPCB set up a venture capital fund in China, KPCB has created Google, Amazon and many other investment myths.
"Then I wish you a speedy success!"
Ding Le smiled and sent his blessing to Li Xiang, and the listing of Autohome is also a happy thing for Galaxy Investment.
According to the original historical trajectory, after Autohome went public, the market value exceeded $8 billion at the highest. A few years later, Ping An became its largest shareholder when it acquired a 47.7 percent stake in Autohome from Telstra for $1.6 billion.
Therefore, referring to this plot, as long as Autohome is listed, Galaxy Investment will achieve dozens of times the investment income.
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