Chapter 410: Weakness is Original Sin
"In the field of search engines in the Chinese mainland market, there are two companies that Hard Gold Group has invested in. One is a local Chinese company, namely NetEase in Guangzhou.
The second is Yahoo. In September last year, Yahoo officially entered the Chinese mainland market and named it China Yahoo. When I invest in you, I am undoubtedly making recurring investments.
If the three of you compete in a competition, whoever loses will make my hard gold group suffer losses. This kind of reinventing the wheels is clearly unwise.
The reason why I am still interested in investing in your company is because of the focus and professionalism that struck me about the business model you described earlier. Kishimoto said eloquently.
"If you want 40% of our shares in Baidu, not only me, but also the core members of my team are unacceptable. ”
Robin Li did not reject the other party's investment of $10 million in his company. He began to bargain.
Masayoshi Kishimoto spread his hands and said with a smile: "I have a bad problem with this person, that is, I don't like to be rejected. Of course, you can choose not to accept my conditions.
However, I'm going to invest that 10 million dollars in your biggest competitor, and I'm going to keep adding to it. ”
Robin Li immediately felt the threat from the other party. Faced with such a situation, he did not get up and walk away.
In the capital market, it is necessary to rely on strength to speak, and weakness is the original sin. At this point, he fully understood things when he was still working in the United States.
I first returned to China from the United States with $1.2 million to start a business. For the average person, this is already an astronomical amount.
However, this is a drop in the bucket for entrepreneurs. Your own company is like a sampan, and the hard gold group is like an aircraft carrier, still nuclear-powered.
At present, it is the stage of the bursting of the bubble of the Internet economy, and it is more difficult for Internet entrepreneurial enterprises like themselves to successfully raise funds from the capital market than in the past.
Robin Li's rationality is telling him that even if it is an alliance under the city, it has to be signed. As Masayoshi Kishimoto said, Yahoo China, NetEase all have search engines.
Compared with themselves, these two companies also have a first-mover advantage. In particular, in addition to the first-mover advantage, Yahoo China also has a huge technical advantage.
Not only that, but there are many obscure search engine companies like their own company. What he can think of, others can think of as well.
In China, search engines are a novelty. However, this is not a new thing in the United States.
The reason why I chose this field to start a business in the first place was because I wanted to introduce good things from the United States to China. The most important thing is that he is very optimistic about the prospects of its development.
The silence in the small conference room was not something Kishimoto liked. His heart was at peace. I have long known in my heart that in the future BAT in Chinese mainland, the first B will be the weakest one.
For a period of time, Baidu was the most famous in terms of fame. Its market capitalization has peaked at $100 billion, and it has been hovering in the tens of billions of dollars for a long time.
Alibaba's market capitalization is as high as $500 billion, and Tencent's market capitalization of $500 billion is to the point where it can be described as equal.
The strength of these two companies is inseparable. The main operating businesses of each are different, so that the same investor will not be overlapped. Alibaba is in the e-commerce sector, while Tencent is in the online gaming sector.
"You don't have to reply to me now. Not only can it be thought about, but it can also be discussed in a meeting. Kishimoto broke the silence in the small conference room.
Robin Li could only respond to the word "good". Who allows "a weak country to have no diplomacy"? If its own company is small, it will not only face the danger of being bullied by the big companies at any time, but also face the danger of being crushed or eaten by other homogeneous companies at any time.
In the shopping malls where the law of the jungle preys, there are not many small companies like them that can survive. Among them, there are very few who can become bigger and stronger.
Relying entirely on one's own strength to carry out a development is tantamount to a fool's dream. In the Internet industry, there are not only big fish eating small fish, but also fast fish eating slow fish.
It's new technology. After a while, two years will be nothing. Situations like this are fairly common in the United States. Even if the current China does not have the same speed of replacement as the United States, it is still changing with each passing day.
Nowadays, there are not only people who have succeeded in studying in the United States and returned to China to start a business. Nor is he an irreplaceable figure.
Masayoshi Kishimoto looked up at the wall clock hanging on the wall of the small conference room and said, "Before I knew it, two or three hours passed like this." It's noon.
Regardless of whether the transaction between us is successful or not, benevolence and righteousness are still there. Our hard gold group should do its best to be a landlord. ”
When he said this, he paused deliberately, looked at his left and right again, and then said: "Since it is you who will be contacted, then you will accompany you."
As for the place, it's still an old place, Kiraku Premium Japanese Restaurant. Let the Chinese guests who have come from afar also have a good taste of the essence of Japanese kaiseki cuisine. ”
Of course, Robin Li and the others know that kaiseki cuisine is a high-class Japanese cuisine. It can be seen that the other party did not treat them slowly, but showed a kind of attention.
If the hard gold group really treats them slowly, there will not even be this business banquet. There should not be a small number of small companies like myself who come to seek investment.
"Just eat well, drink well, and have good fun. Kishimoto smiled.
"Thank you. Robin Li expressed his gratitude.
"We'll talk about it when you have a formal intention to sign with me. If there's anything else you need to ask, just ask the people you come into contact with. There's nothing wrong with that, it's their job after all. Kishimoto said bluntly.
Robin Li expressed his gratitude again and said, "Thank you. ”
"I have other things to do, so let's go first. After Kishimoto finished speaking, he stood up. When he stood up, the first reflex was the subordinates of his hard gold group.
One by one, they stood up in unison, and bowed forty-five degrees to him to say goodbye. Subsequently, Robin Li and others also stood up. They were not accustomed to bowing, so they paid attention to the farewell.
Without looking back, Kishimoto walked straight out of the small conference room. The person who followed him was still the head of the secretary's office, Mirai Yamada.