Chapter 1500: I am willing to be your investor

"Will the U.S. invade Canada?"

Judging purely from the geography, geography, and politics during the war, it was easy for the United States to annex Canada, and there were many benefits, but judging by referring to the post-World War II world pattern, the United States would never invade Canada.

The reason why it is impossible to invade Canada is also very simple, the main reason is that Canada is on the road and wholeheartedly moves closer to the United States.

Under the influence of the United States' strategy of global hegemony, the only thing Canada wants is to be a good neighbor of this hegemon, and even to put its own national security in charge of it, and only to live its own peaceful life, so that there is no need for the United States to go to war with Canada, and such a country with which it has thousands of miles of borders does not defend itself at all, and has in-depth cooperation with itself in all fields, and there is no need to fight him when it fights all over the world.

However, if Canada also wants to learn from the United States and follow the strategy of global hegemony, then the United States will certainly not allow such a competitor to survive under its nose, and the first thing to do is to eradicate this opponent first.

Because of this, everyone can hear it, and the deep meaning of Li Mu's words is also obvious, if Google is at ease to be its own search engine and does not take the initiative to compete with Makino Technology in other fields, then there is no need for Makino Technology to snatch Google's search engine market after five years.

If it was a month ago, Larry Page would have been full of resentment at Li Mu's remarks, but now, Larry Page doesn't care at all, he has corrected his mentality, and he regards Google as Canada, and the ancient Chinese philosophy made him realize an eternal truth: it is better to enjoy the shade under the big tree.

The entrepreneur who asked the question nodded lightly and said politely to Li Mu: "Thank you Mr. Li for your answer, the metaphor is very vivid, I understand what you mean." ”

Li Mu didn't speak, and nodded slightly.

Then, the host said: "Next, Baidu's Robin will answer everyone's questions." ”

At this time, the number of people in the audience who raised their hands was obviously not as large as the audience that raised their hands when Larry Page answered the question just now, which is related to Robin's lack of personal influence on the one hand, and Baidu's relatively marginal position in this merger and acquisition cooperation on the other hand.

Out of politeness, Robin first chose a reporter from an overseas media to ask questions, and after the other party got up, he asked: "Hello Mr. Robin, we know that Baidu accounts for 10% of the shares in Muye &Baidu, which means that Baidu will directly own 3.33% of Google's shares after the completion of Google's merger and acquisition, and this share is currently worth more than 400 million US dollars in the capital market. You can get hundreds of millions of dollars in dividends just by participating, so I would like to ask, what do you think of Baidu's huge profits?"

Robin was stunned and smiled: "What do you think? Of course, it is a very successful cooperation with Makino Technology, what else can you think?"

The reporter asked: "Do you think that Baidu's efforts and gains in the whole process are not equal?"

Robin smiled indifferently and said: "If you pay and get exactly the same, the business can't be done, how can there be a completely equal business in the capital market? There is only one kind of completely equal business, that is, the bank's change exchange business, you give him a 100 yuan bill, and he gives you 10 10 yuan, which is reciprocal." ”

The reporter asked again: "Don't you think that compared with Baidu's investment, Baidu's profits from it are a bit too high?"

Robin's expression was slightly displeased, but he still suppressed his anger and said: "Investment is full of opportunities and risks, Baidu is only in accordance with the cooperation agreement with Makino Technology, and reasonably share 10% of the benefits of the project, this 10% has nothing to do with how much Baidu has invested, how much manpower and how much material resources, if you are not satisfied with Baidu making too much money in this cooperation, then you can ask Mr. Li later, to see if he has any opinions on this." ”

The reporter was choked by Robin, and he didn't think about how to deal with it for a while, at this time Li Mu picked up the microphone and said with a smile: "Let me first make it clear that Makino Technology and I personally are very committed to it, since I have reached a cooperation agreement with Robin and let Baidu account for 10% of Muye &Baidu, I will definitely honor this 10%, no matter the 10% Whether it represents 40 million, or 400 million, or 4 billion, this is a basic quality that a qualified entrepreneur must have, so I think that every penny of profit that Baidu gets from it is what they deserve. ”

After a pause, Li Mu said again: "But I'm curious, according to the agreement signed by the two parties to fulfill and fulfill the commitments, such a simple, direct, open and transparent cooperation, why do you think that Baidu's profits are too high? ”

There was laughter in the audience, and the reporter blushed and said: "I'm sorry, it's my point of view that has a problem, I have no other problems, thank you!"

The reporter is from a Silicon Valley media, they are quite indignant at Makino Technology's 33.3% stake in Google, and always have a sense of justice that comes from nowhere, hoping to express their unique views on this matter, this reporter did not dare to offend Li Mu, so he wanted to implicitly mock Robin, but what he didn't expect was that he ended up shooting himself in the foot.

Then Robin learned to be smart, and when it came to the next question, he directly chose a domestic media reporter.

After he got the microphone, he asked Robin: "Hello Robin, I want to ask you that Baidu and Google are both search engine companies, you can be said to be the most direct competitors, but Baidu now directly holds shares in Google, and both sides have a very in-depth cooperative relationship with Makino Technology, so how will Baidu and Google deal with each other in the future, as well as business conflicts?"

Robin explained: "Baidu holds a stake in Google, thanks to our cooperation with Makino Technology, but this is a matter of capital, and the development direction of Baidu and Google itself will not be affected by this, that is to say, Google and Baidu are actually in deep competition, but I think this is normal, so the way the two sides deal with it at that time should also follow the normal business development process." ”

"Thank you!"

The third question, Robin still chose a Chinese reporter, and after the other party got up, he asked: "Hello Robin, I want to ask your question: Will Baidu consider deploying overseas markets in the future? If so, what areas will it focus on?"

Robin smiled slightly, and said: "We have indeed been yearning for the overseas market, when it comes to the focus, it is actually very simple, we will definitely give priority to expanding the overseas Chinese search market, after all, Chinese search is our strength, and the overseas Chinese user base is also very large, strictly speaking, it belongs to the 'local market located overseas', and it is easier for Baidu to develop." ”

"Thank you Robin, I'm done with my question. ”

The host said with a smile at this time: "Then it's time for Mr. Li Mu and Mr. Li to answer questions, I believe that many people have a lot of questions to ask Mr. Li, so next, we will give the time to Mr. Li and let him choose the questioner." ”

As soon as the words fell, most of the people in the audience raised their hands.

Li Mu hesitated for a moment, and first chose a guest with a Chinese face to ask questions.

The selected guest stood up with an excited face and stumbled and said: "Hello Mr. Li, I am the leader of an online entrepreneurship team, I want to ask you the question, what do you think of the Internet?

Li Mu asked him curiously: "Can I ask first, what is the name of your product?"

"Starting point Chinese network. ”

"Starting point...... Li Mu suddenly laughed out loud and said, "To be honest, I've seen it on your website. ”

As soon as the words fell, the guest who asked the question looked incredulous, and the surrounding media reporters and guests were also stunned, Li Mu was busy like this, and he still had time to watch the Internet?

At this time, when the questioners have not yet reacted, Li Mu continued: "I will answer your questions one by one, first of all, what do I think about the Internet, I think this is a very good product, your online paid reading model is also a very good and very advanced innovation, although the current paid reading is still a low ARPU value industry, but I am still very optimistic about the future of the Internet." ”

The so-called low ARPU value means that the average income of users in this industry is relatively low, and the reading in these years is very cheap, two or three cents per thousand words, and each book has free chapters of up to two or three hundred thousand words, so a user may only need to pay a few cents for a day, and the average income of such users is indeed very low;

In contrast, the ARPU value of online games is much higher, and players consume at least one yuan per day for point cards alone, not including other investments such as game recharge and prop purchase.

At present, on Taobao, the average amount of customer orders has reached more than 30 yuan, which is boundless.

After taking a sip of water, Li Mu continued: "As for your second question, why Makino Technology has not made efforts in the field, the reason is that we do not have the energy to operate such a content industry project for the time being, because content work, especially long-form content work, requires a large number of authors and editors.

However, if the time is ripe in the future, we will definitely consider bringing in your online paid reading model, speaking of which is just to answer your third question, we are naturally willing to open the open platform to the team, and even open to every author, at that time, the operation mode of Makino Technology should choose to directly acquire a more mature team from the industry, and then directly import the resources of Makino Technology to quickly start hot, if your team is interested in financing or being acquired, you can leave a contact information for my assistant Ms. Li Ziwei later, I am willing to become your investor!”