Li Mu suddenly said such a sentence, not only Jimmy was stunned, but everyone present was stunned.

Jimmy doesn't know where he offended Li Mu, this guy talked to himself so politely as soon as he came up, but Li Mu, a great god, he really can't afford to provoke, at the moment, a VC like Defengjie can be regarded as awesome in front of entrepreneurs, but in front of a great god like Li Mu, he is not even a fart.

The total size of the fund managed by DFJ is only one billion US dollars, and this money is not all their own, not to mention that he is the president of DFJ in Asia, even if the president of DFJ comes, Li Mu scolds him, he still dare not say anything.

Robin was surprised by Li Mu's attitude towards Jimmy, but he was happy in his heart, Li Mu at least helped himself out.

Jimmy is very strong in front of him, and even repeatedly points fingers at Baidu's business development, which makes Robin very unhappy in his heart, but there is no way, he takes Defengjie's money, and he has to give face to others.

Moreover, Baidu has not yet found a suitable profit model, and the entire development route is still burning money.

In fact, Li Mu thinks very simply, he talks to Baidu about mergers and acquisitions, this should be the operation of the business level, the existence of Defengjie should not appear in today's negotiation venue, he doesn't care how many shares Defengjie has in Baidu, how many shares you occupy is your own business, you communicate with Baidu in private, and even if you scold Robin in private, it doesn't matter, you can't care about it, but the two business teams negotiate, you have to intervene, it's a little fucking disgusting.

For Li Mu, Jimmy is an uninvited guest, so for such a person, why save any face, if you don't drive him out, you have already given him face.

Moreover, Li Muliu got this Jimmy over because he wanted to interfere in today's negotiations, so in order to avoid him being too much, he gave him a dismount first.

Subsequently, the two sides of the negotiation took their respective seats, and Li Mu glanced at Robin and said, "Robin, you start first." ”

Robin nodded and said, "Mr. Li, we have communicated with your team for several rounds before, and the intentions of the two sides have actually been highly unified, Baidu hopes to acquire Yiting Technology, and you also hope that Yiting Technology will be acquired, but we have not reached a consensus on the issue of valuation." ”

Li Mudao: "Robin, what is Baidu's current valuation?"

"Our last funding round was based on $65 million, and after this period of development, we are confident that Baidu can now be valued at $120 million," Robin said. ”

Li Mu asked him: "OK, you said it was worth 120 million US dollars, how did this amount come from?"

Robin explained: "This valuation is still quite reasonable, and our recent traffic growth trend in Baidu is relatively good, and it is ......"

Li Mu interrupted him with a smile and said, "Robin, although I don't want to interrupt you, but you have some answers that are not what you asked, my question is, how did the valuation of 120 million US dollars come about, was it given by an authoritative third-party agency, or did you say it yourself?"

Robin said embarrassedly: "Mr. Li, we estimate this amount, and we are still very sure......"

Li Mu waved his hand: "Robin, your data is meaningless, if you say that Baidu is worth 120 million US dollars, then OK, I said that Yiting Technology is worth 30 million US dollars, after you merge and acquire Yiting Technology, the total market value is 150 million US dollars, and my 30 million should account for 20% of the shares, then we have decided so happily, Baidu acquires 100% of the shares of Yiting Technology, and all shareholders of Yiting Technology will obtain 20% of the shares of Baidu after the merger, do you agree?"

Robin hurriedly said, "Mr. Li, this is too unreasonable......

Li Mu asked him rhetorically: "What's unreasonable? The public says that the public is reasonable, and the mother-in-law says that the mother-in-law is reasonable, you say that you are worth 120 million US dollars, and I say that I am worth 30 million US dollars, why are you reasonable, and I am unreasonable?"

Robin was a little dismayed by Li Mu's strength, and explained: "Mr. Li, the current UV and PV of Yiting Technology are more than an order of magnitude worse than Baidu, and Yiting Technology currently does not have a mature business model, and the development potential of search engines is much greater than the potential of vertical fields......"

Li Mu smiled: "Robin, the development potential of the search engine is very great, but don't forget, there is a Google behind you, I have reason to worry, in the future, Google will make efforts in the Chinese market, so as to continue to eat Baidu's market share, but, looking at the entire market, there is no opponent who can compete with Yiting.com in the field of online music and music downloading, and at that time, it is likely that users are using the Google search engine, but they are still listening to songs on Yiting.com, so you say, who has greater development potential?"

Jimmy had been listening to the narration of the translator around him in a low voice, and at this time he couldn't bear it, and said in English: "Mr. Li, I think you are confusing the public, Robin wants to talk about the development prospects of the two fields, just like an automobile manufacturing company, and a match manufacturer, even if the match manufacturer accounts for a high share in the industry, its development space is much worse than that of an automobile manufacturing company!"

Li Mu looked at him and gave him a friendly smile, but Jimmy didn't know why, and felt a coldness from Li Mu's laughter.

Li Mu smiled, stretched out a finger, and said to Jimmy in English: "First, I already told you just now, just listen and talk less." ”

After speaking, he stretched out another finger: "Second, if you talk to me about capital issues, I am willing to listen to you say a few words, but if you talk to me about specific businesses in the Internet field, your views have no value for me to adopt;"

Subsequently, Li Mu stretched out another finger: "Third, the analogy you just made is obviously belittling my easy-to-hear technology, if Baidu is an automobile manufacturing company, then easy-to-listen network must at least be a tire manufacturing company, and Baidu's current position in the industry cannot be ranked in the first line in the automotive field, correspondingly, Baidu is at most the French Peugeot or Citroen in the automobile manufacturing company, and Yiting.com is Michelin or Bridgestone in the tire field!"

Speaking of this, Li Mu looked at Jimmy and said seriously: "And you, like a certain bank that lends money to Citroen, even went to the business cooperation level between Citroen and Michelin to make a big fuss, do you have the qualifications?"

Jimmy didn't know how to refute for a while, Li Mu's spoken English was a mess, and his speech was also bad, Jimmy was not an opponent at all.

Robin desperately held back a smile, and only after Li Mu finished speaking and Jimmy lowered his head to show weakness did he continue: "Mr. Li, if you have any opinions on the valuation, we can find a third-party audit company to audit and evaluate our company, and see how much the third-party authoritative company recognizes the valuation of our two companies." ”

Li Mu waved his hand: "Robin, don't go around me, what audit companies can do is audit at the level of net assets and accounts, can they see the future development direction of the industry? Can they see the future development potential of each enterprise? If they can't see it, then what are they going to audit? We are all Internet companies, what are the net assets? In addition to a bunch of computers, computer rooms and patents, what net assets do you have?"

Robin has a big head, and Li Mu sometimes doesn't play according to the routine, and he is too strong, so sometimes he finds another way, but wants to go around the other party and let the other party treat his way as a road.

Li Mu saw that Robin was thinking, so he opened his mouth to stop him from thinking deeply, and said: "Robin, I insist on replacing 15% of Baidu's shares with Yiting.com, which is impossible to regress, and I can tell you very frankly as a friend that Yiting.com is Baidu's vote, and the choice given to you now is not a matter of not merging and apportioning Yiting.com, but a question of whether you want to get on Muye Technology's car and my car;"

"If you accept this petition, I can give you a promise that Makino Technology will not consider making a search engine in the next five years, and will guide all the resources related to the search engine to you;"

"If you don't accept this vote, then out of this conference room, Baidu is the enemy of Makino Technology, I can dig your people, dig Google people to make a search engine by themselves, or you can go to Google to cooperate, together to set up a Google Makino joint venture, to jointly develop the Chinese market, and even I can invest in other people like you who are interested in making search engines!"

Robin looked at Li Mu dumbfounded, exclaimed, and asked, "Mr. Li, didn't you tell me last time that you weren't going to be a search engine?"

Li Mu nodded, and said without changing his face: "Last time was last time, I have changed my mind now." ”

"How can you do this......" Robin looked at Li Mu depressedly, looking deceived.

Li Mu smiled and said, "Robin, do you want to say that I am a person who does not believe in my word?"

Robin nodded immediately and didn't speak.

Li Mu laughed twice and said happily: "Robin, don't let your subjective likes and dislikes affect your judgment, this will make you look childish and cute." ”

After that, Li Mu said again: "Let's put it this way, if you have a dog and want to sell, I want to buy it, and after paying the money, I said I'm sorry I won't buy it, please return the money to me, this is really my words without faith." ”

"But!" Speaking of this, Li Mu paused deliberately, looked at Robin and said with a smile: "For example, you still have a dog, and then one day you ask me if I want to raise one, I said I don't want to raise one, but after a while you saw that I had a dog, and then you came to accuse me of not believing in my words, this is not a question of whether I have faith or no faith, but whether you are a person who is simply a little too much! I just want to raise something? I don't have one fucking happy, I raise ten!" That's what happened at home!

All the staff of Makino Technology couldn't control their laughter, and the employees from Baidu couldn't help laughing one by one, and they were extremely uncomfortable.

On the other hand, Robin, he was immediately red-faced by Li Mu's words.

He also reflected in his heart, he was too simple, and he blamed Li Mu for not being trustworthy here, which was indeed a bit too simple.

What is the significance of Li Mu's verbal statement? He could say yesterday that he didn't want to do a search engine, but today he can also slap the table and say that Lao Tzu wants to do it again, and he doesn't need to be responsible for anyone at all, so who can do anything to him?