Chapter 1460: Self-deception
Google.
When Larry Page informed all the board members of Li Mu's latest asking price, there was a burst of scolding in the conference room.
In front of these American capitalists, Li Mu became a wicked capitalist who bullied and dominated the market, coerced and lured, made temporary intentions, and sat on the ground to raise prices.
Larry Page understands the feelings of these people very well, and it is indeed an unacceptable thing to ask them to dilute 15% of their shares, not to mention that after dilution, Li Mu will become a new shareholder of Google, a new shareholder with 15% of the shares and a value of tens of billions of dollars.
Although these people can see the benefits of Li Mu's stake in Google, they can't make an accurate measurement and judgment, which is greater than the direct loss of 15% of Li Mu's stake at a low price, or the net profit after Li Mu's stake? Larry Page insists that the latter is bigger, but some shareholders don't.
They feel that it is okay for Li Mu to want benefits, but this benefit must have a degree, even if he builds a highway, the toll cannot account for 15% of the entire car, this is no longer cooperation, it is robbery.
Subsequently, the results of the first vote, 78% voted against, and the new offer was not approved by the board of directors;
Larry Page hurriedly explained to the board members present: "Although the way Makino Technology sits on the ground and raises prices is hateful, we must be aware of the potential threat of Makino Technology, and if Makino Technology enters the search engine, then our future will be greatly affected!"
A shareholder said: "Makino Technology is about to complete the privatization acquisition of Apple, Li Mu will invest a lot of experience in enterprise integration, in this case, I don't think Li Mu has experience in the development of search engines, we are experts in the field of search engines, we know very well how an excellent search engine, how strong technical support and development cycle is needed, and when Li Mu launched his first search product, I believe we have successfully listed." β
This point of view has been agreed by many people, and some people echoed: "I admit that Makino Technology is very powerful, but he is not omnipotent, even if he is omnipotent, his energy and physical strength are limited, and it will take at least a year or two for Makino Technology to form a positive competition with Google in search engines." β
Larry Page shook his head and said, " If Li Mu wants to make a search engine, he will never develop a new one from scratch, he said last time, he can let Baidu's Robin open all Baidu's technologies and patents to him at any time, and then divide the world with Baidu, Baidu to do Huaxia local, Muye Technology to do overseas markets, in this way, Li Mu can directly have a self-owned search engine with Baidu search core overnight, and the next day can be embedded in all products, for rapid guidance, you know, Baidu's technical strength, and we are not too differentγ β
"Hahaha!" A shareholder laughed and said: "Larry, you are too easy to be deceived, right? Baidu will open all its technology patents to Makino Technology? Why is Li Mu so confident? This is the core wealth of an Internet company, how can it be so easily given to others? As for the matter of dividing the world, it is even more ridiculous, is Baidu willing to be a local search engine in China for the rest of its life? As long as you cooperate with Makino Technology, it is equivalent to directly locking yourself in the Huaxia market, and if you were you, would you agree?"
Larry Page explained: "You are ignoring Li Mu's influence in the Chinese Internet industry, and he is a shareholder of Baidu. β
The shareholder pursed his lips and said disdainfully: "I am a shareholder of Google, but I also invest in many Silicon Valley companies, does this mean that I will one day ask Google for Google's patents and technology?"
Larry Page retorted, "As I said earlier, you ignore Li Mu's influence in the Chinese Internet industry. β
The shareholder asked: "Let's put aside Li Mu's influence, let's talk about the possibility first, as far as I know, Baidu itself is also a Silicon Valley capital investment enterprise, the purpose of capital is development and expansion, Baidu's shareholders must also expect Baidu to go out of the door of the Chinese market, with overseas markets to seek breakthroughs, under this premise, how can they be willing to limit their scope of activities to China?
Larry Page said: "I think Baidu Robin's personality should be more stable as Li Mu said. β
At this point, one of the board members frowned and said, "Larry, do you know Robin?"
Larry Page said: "Strictly speaking, I don't know. β
The director said: "If you don't know him, how can you be sure what kind of character he is? Is it because Li Mu said that he is more stable, so you believe it?"
Larry Page was speechless for a moment, he really didn't know much about Robin, and he believed that what Li Mu said was mostly based on his own intuition and judgment, but such words were obviously not convincing, and it was better to hold it in his stomach than to say it.
Seeing that Larry Page had nothing to say, the director pressed step by step: "Larry, in my opinion, you are completely frightened by Li Mu, and the gun in Li Mu's hand not only has no bullets, but it may even be just an imitation gun, just like the usual trick used by those guys who dropped out of high school to rob convenience stores, an imitation gun, a hood, point a gun at your head, and threaten you that if you don't take out the money, he will blow your head!" In fact, Li Mu just used a set of intimidating remarks to scare you, and after you came back, you added fuel to Li Mu's intimidation, and then helped Li Mu to intimidate us. β
Speaking of this, the director hurriedly said: "Of course, I'm not saying that you have the intention of harming Google's interests, but your personal judgment is somewhat affected by Li Mu." β
Larry Page said with some annoyance: " Jesse, it's really irresponsible for you to say that, everything I do is to make Google develop better, otherwise I don't have to repeatedly low in front of Li Mu and desire a cooperation opportunity, and the point I want to state today is that you don't want to be swayed by the other party's offer, when we are ready to take out 5 points to Li Mu, each of you thinks that the idea is very good, and you all agree with it, and at the same time, you all recognize Li Mu's strength, thinking that Li Mu's stake in Google will bring a great boost to Google, but now, Li Mu opened his mouth to 15% of the time, not only did you refuse, but also began to subconsciously look down on Li Mu's actual ability, which is inconsistent!"
A shareholder said: "We were also influenced by you before, so it affected the subjective judgment, in fact, now think about it, Li Mu can't help us in a short period of time, as long as we seize the opportunity to rush again, Li Mu can't catch up with us in the next two or three years, why not?"
Larry Page felt desperate, he kept shaking his head, and said: "In the final analysis, you are just unwilling to make sacrifices for interests, and it is normal to be unwilling to sacrifice, but I still hope that everyone can face the reality, you think about it carefully, because of the increase in other people's offers, you begin to feel that other people's things must be a pile of useless garbage, which is standard self-deception." β
"Let's vote again. The head of the board of directors said: "If we continue to argue, there will be no result, we will vote again, if everyone still refuses to stand in the majority this time, then we will refuse, if everyone thinks the contract brought back by Larry is acceptable, then we will sign and vote for a best-of-three system." β
Larry Page rubbed his temples and voted, he wasn't sure at all.
However, in this case, voting is already the best solution.
A few minutes later, the results of the vote came in: 73% were opposed.
Larry Page didn't expect to say so much, and the naysayers just dropped from 78% to 73%, which had no impact on the outcome at all.
In view of the fact that the results obtained in the first two times were very consistent, the board of directors immediately announced that it would reject Li Mu's request for a 15% stake in Google.
Larry Page shook his head helplessly, and admonished: "Ladies and gentlemen, Li Mu gave us 24 hours, which means that we have at least one afternoon and one evening to revise the decision we made, I still hope that everyone can accept Li Mu's offer, although it seems that we have lost a lot, but in fact it ......"
Before Larry Page finished speaking, the director pouted and said, "Larry, please stop being alarmist here, we have already given the final result about Makino Technology, and this final result is: "No!"
β¦β¦
The 24 hours agreed with Larry Page are about to pass, and Li Mu still hasn't received any news about him, and Li Mu has roughly understood Google's decision in his heart.
Just when there were still 10 minutes to 24 hours, Larry Page called Li Mu, and as soon as the phone was connected, he said very dejectedly: "Mr. Li." I'm very sorry, but after a day and a night of negotiations, our board of directors was unable to accept your 15% offer, and I think this cooperation had to be terminated early. β
Li Mu nodded lightly and said, "It doesn't matter Larry, there is an old saying in Huaxia that says that buying and selling is not benevolent and righteous, although we have not been able to cooperate this time, we are still very happy to be friends with you." β
Larry Page smiled bitterly in his heart, when did you treat me as a friend? My whole person is now about to be forced into a nervous breakdown by you, but he said: "Mr. Li, I hope we can have a chance to cooperate in the future." β
Li Mu nodded and said with a smile: "Yes, I hope it will be as soon as possible!"
Larry Page said, "I hope so!"
Li Mu smiled: "It's not a wish, it's a certainty!"