In the eyes of technocrats, Li Mu is simply the most terrible bandit and bandit in Silicon Valley, but in the eyes of capitalists, they think that Google has been wrong for so long and finally made the right choice in this matter.

Technophiles are not sensitive enough to capital operations, and many times it is capitalists who push them to look at money, and companies like Google, Larry Page himself is not an expert in playing with capital, so he has always been an afterthought in capital operations in the early days, and other companies in Silicon Valley created by technophiles are the same.

Capital operation is something that an enterprise will have the opportunity to contact and learn after it has developed to a certain extent, just like the upper level of a skill tree, and the skill will be triggered by the skill point all the way, and the entrepreneurial trajectory of many companies in Silicon Valley is like this.

Entrepreneurs who don't understand capital operation, the entrepreneurial route is often just a single addition, just like Zhang San opened a kebab shop, and found that the business was very good, so he saved money to open a second branch, and when he opened the fourth, Zhang San felt that it had developed to the extreme, and then opened more branches, and his energy could not be taken care of at all.

At this time, the capitalists will come to the door, first tell Zhang San the way of capital operation, and then give Zhang San a rapid development fund, let Zhang San build a professional operation team, and then use capital to carry out rapid fission, four into eight, eight into sixteen, sixteen into thirty-two......

Li Mu forced Google to acquire Muye &Baidu, which is almost equivalent to a shell company, in fact, it is to give Google an opportunity for fission development at the capital level, but if you want to get this opportunity, you must pay the cost, and 33.3% of the shares are the tickets.

In terms of nature, this is a bit like the relationship between a star's agency and an artist, a powerful economic company has the ability to support an artist's debut and make him a top star, but the premise is that the artist must sign a long-term contract with the brokerage company with harsh conditions, and even hand over most of the income to the brokerage company, which seems to be a bit harsh, but it is actually a cooperation agreement that both parties agree to accept. Gaining freedom is simply a manifestation of the absence of the spirit of contract.

Fortunately, between Li Mu and Google, there is no possibility of remorse and breaking the contract, as long as the signing takes effect, Makino Technology will become a shareholder of Google, and he will abide by the spirit of the contract to help Google further develop and grow in the non-Chinese search market.

To take a more appropriate analogy, Li Mu is the United States after World War II, with rapid development and strong capital; Google is Japan after World War II, which was once brilliant, but is now being sanctioned by the United States everywhere, and the possibility of turning over is very small, and suddenly at a certain moment, the United States decided not to sanction Japan, but to cooperate with Japan, which gave Japan a chance to subvert its fate and turn over quickly.

Technophiles in Silicon Valley don't understand this, but Larry Page, as someone who has endured hardships, is deeply aware of the importance of this.

……

The legal teams of both parties completed the polishing of the terms of the M&A contract as quickly as possible, and then Li Mu and Larry Page decided to jointly hold a grand signing ceremony in Yanjing.

Ceremoniousness is the same psychological need of both parties.

Li Mu wanted to make the signing ceremony more solemn, because he wanted to take this opportunity to release a signal to the world's technology nerds and entrepreneurs, the specific content of this signal is: first, if I want to beat you, you will definitely not be able to beat me; second, if you kneel down to me, you will not only not be beaten, but will get more;

Larry Page wants to make the signing ceremony more solemn, because he wants to take this opportunity to send a signal to all the capital parties: stop looking down on me all the time like some time ago, I am now a person with a big brother, and the resources of the big brother will allow me to develop rapidly, and in the future, the big brother may be the first in the world, then I may also be the second in the world.

Since it is to be grand, it is natural to invite all kinds of media to attend, Makino Technology is the east, and the entire main exhibition hall is contracted in the Yanjing International Convention and Exhibition Center, with an area of thousands of square meters for the press conference, which can accommodate at least thousands of visitors and reporters from all walks of life.

All the IT media, high-tech industry media and financial media around the world have received invitations from Makino Technology, and even invited founders, shareholders and executives of many domestic and foreign companies.

When negotiating the terms of the contract, Li Mu did not bring Robin and any of Baidu's management into the negotiation, because, in Li Mu's eyes, although Muye &Baidu is a joint venture between the two companies, Makino Technology is the majority shareholder holding 90% of the shares after all, and Baidu once signed a concerted action agreement with Makino Technology and gave up 10% of itself The voting rights corresponding to the shares, so any strategic planning and program formulation of this company are fully decided by Makino Technology, so that there is no need to invite one more party to come in and make trouble, Baidu only needs to quietly wait to make money.

However, when the process of preparing for the signing ceremony began, Li Mu decided to invite Robin to the scene as the second signing representative of Muye &Baidu and sign with Larry Page with him.

Although the actual operation of Baidu can not interfere, but when the harvest results, Li Mu can not throw Baidu aside, the signing ceremony is also a strategic achievement of Baidu, and the company name is jointly named after Muye Technology and Baidu, then on behalf of Muye &Baidu The signing representative of the company can not be just Li Mu alone, which is a kind of respect for partners.

When Robin received Li Mu's invitation, he didn't react at first, and only after a while did he politely refuse: "Mr. Li, it is enough for you to represent Muye &Baidu alone at the signing ceremony, and I won't make a mess with it, but don't worry, I will definitely be present for such a major matter." ”

For Robin, he actually hopes to be able to show his face at this signing ceremony, but as a passenger who makes a lot of money by ride, he is also a little embarrassed in his heart, and always feels that it is already good for him to make a fortune in silence, and there is no need to grab the halo from Li Mu, so he politely declined Li Mu's invitation.

But Li Mu insisted: "Robin, this is a good opportunity for you to show your face in front of Western capital, you must know that Baidu, as a company developing in the Chinese market, needs to ensure exposure in front of Western capital, sometimes, the valuation of the enterprise is not necessarily all determined by the enterprise itself, as well as the pursuit of capital, a dollar of things, as long as the capital can be snatched up, the value may exceed a hundred, on the contrary, a hundred yuan of things, if the capital attitude is cold, then he is not even worth a hundred." ”

Robin actually wanted to agree, and the refusal was only out of respect for Li Mu, but he didn't expect Li Mu to persuade him to agree, so he thought for a moment and said gratefully: "I understand Mr. Li, thank you for your care, then I will listen to your arrangement." ”

Li Mu nodded with satisfaction and said: "The signing of the day, the most important thing is our speech before the signing ceremony, and I have also arranged time for you to speak, when Google's Larry Page is the acquirer, he will give a speech first, and then you and I will take turns to give a speech as a representative of the acquired party, and then your speech time will be arranged before me." ”

"Okay, Mr. Li, I'll let you arrange everything. ”

Robin said, feeling a little more grateful to Li Mu in his heart, he knew Li Mu's intention to make such an arrangement, and let Larry Page give a speech first, because Larry Page was Party A and should have come first, and Li Mu let himself be in front of him, probably worried that he would encounter a cold spot if he spoke behind him.

Li Mu said: "Because I am the chairman of Makino Technology and have an absolute controlling stake in Makino Technology, and Muye &Baidu is a subsidiary of Makino Technology that is absolutely controlled, so according to legal theory, I should be the actual representative of Muye &Baidu to sign the contract, so the actual contract, I will talk to Larry in advance. Page signed in private, and when the time comes, our on-site signing ceremony is just a formality, so there will be three signatures on our on-site contract, Google is Party A, there is a signature signing, we are Party B, there are two signatures, one is for you, one is for me, when we are on the spot, we sign three agreements, and then exchange with each other, and the signing ceremony is completed. ”

Robin hurriedly said: "Mr. Li, I understand." ”

Li Mu snorted and said, "There is one more thing, which is related to capital operation. ”

Robin said, "Tell me." ”

Li Mudao: "After the signing ceremony, Muye &Baidu will be officially acquired by Google, and then Makino Technology will open the floodgates to Google in the field of non-Chinese search, Google's valuation will definitely rise, and Makino Technology and Baidu are both shareholders of Google, Makino Technology holds 29.97% of the shares, and Baidu holds 3.33% of the shares In this case, the valuation of Makino Technology and Baidu will also rise, Google's valuation will return to more than $10 billion in a short period of time, and it will not take too long to stand on the line of $15 billion, if you continue to obtain resources from Makino Technology, at the end of this year or early next year, Google's market value should be able to stand above $20 billion;

At that time, Google will definitely start the IPO, due to the good concept, good prospects, Google IPO will definitely be smooth sailing and obtain high recognition from the capital market, in this way, Google's market value after listing must soar, if Google's market value exceeds 40 billion US dollars, even if you dilute 3.33% of your hand by 20%, the equivalent market value is more than one billion US dollars, plus the development and growth of Baidu's own business, at that time, you can prepare for the IPO. ”

Robin asked, "You mean, Baidu waits for a successful Google IPO before applying for an IPO?"

"That's right. ”

Li Mu said, and added: "After the two of you are IPO, Makino Technology should also IPO, and your two companies, as enterprises held by Makino Technology, will have a successful IPO, and will also have a great auxiliary role in the IPO of Makino Technology, so that the scale of Makino Technology's IPO will be larger, and the three of us will intersect with each other, support each other, and incubate each other's concepts, and the final result is that the market value of the three will usher in a sharp increase to achieve a win-win situation for the three parties." ”

"I see. Robin said without hesitation: "When the time comes, we will strictly follow the rhythm you planned!"