Chapter 46: Strong Negotiations
Zhu Qi forced himself to calm down, there were still big things to do today, and he couldn't lose face.
"Mr. Yu, wait a while, and our vice president will come over immediately. Zhu Qi smiled and asked Yu Song to sit down.
Yu Song nodded, sat down, and didn't say anything more.
Baidu's general investment was originally talked about by Zhu Qi, but the matter of sticking to the bar is too important, and the amount involved is too large, and Zhu Qi lost this qualification.
Zhu Qi was not convinced at first, after all, he didn't find a breakthrough point in Yu Song, but Zhu Qi attributed it to Yu Song being too powerful.
Until now, Zhu Qi found that the other party was so young, and the unconvincing in his heart had long since disappeared, and a sense of frustration followed.
Within a few minutes, two middle-aged men and a woman under thirty walked in, and Zhu Qi also hurriedly made an introduction, and the focus of the introduction was naturally Tan Yaocheng, vice president of Baidu.
Tan Yaocheng has heard of Yu Song, and he is indispensable in the rise of Baidu. But after Baidu's listing, this person retired after success, changed careers and became an angel investor, and did a lot of money-making projects.
When Tan Yaocheng saw Yu Song, he was also very surprised, he really didn't expect that Yu Song would be so young, which completely exceeded his estimate.
The two of them sat down and exchanged a few polite words, and then began to get to the point.
"I invite Mr. Li to come over today, mainly to talk about the post bar, Zhu Qi should have talked to you before, we have the intention of packaging and acquiring this business, and we are very sincere, I don't know Mr. Li's ......."
Before Tan Yaocheng finished speaking, he was interrupted by Yu Song.
"Mr. Tan, I have already made it very clear about the post bar, and it is impossible to package and acquire. Yu Song's tone was resolute.
Tan Yaocheng didn't expect Yu Song to be so resolute and didn't listen to his own conditions at all. Is this young man too arbitrary, or is he too confident in the future of Tieba?
Although he was rejected, although Tan Yaocheng was a little unhappy in his heart, he still asked with a smile, "Mr. Yu, don't refuse so quickly, don't you want to hear our latest offer?" After discussion by our board of directors, this price is much higher than before. ”
There is no way, Baidu is now imperative for Tieba, this is simply a catalyst for Baidu, which can make Baidu go a long way.
What's more, Baidu made a detailed analysis of the matter of Tieba and gave it to its behind-the-scenes investment boss.
After reading it, the investor responded clearly that if Baidu can win this post bar, it will continue to invest an additional $5 million.
What type of person is an investor?
It can be seen that the future of Tieba is optimistic about everyone.
After the discussion of the board of directors, the package price of Tieba has risen to 25 million, which is amazing.
Especially for a start-up Internet company, even Tan Yaocheng is a little envious.
"Can you tell me why?" Tan Yaocheng was a little unrelenting.
Yu Song said lightly, "It's very simple, if you buy it in a package, I'm afraid you can't afford this price." ”
Hearing Yu Song's words, the people in the conference room looked at each other, and the atmosphere was a little awkward.
Tan Yaocheng has been talking about business for half his life, and it is the first time he has seen such a crazy person, so he dares to say that Baidu can't afford it?
Newborn calves are not afraid of tigers!
However, in this way, Tan Yaocheng also saw Yu Song's true intentions, only financing, and don't talk about what is packaged and acquired.
"Haha, it seems that Mr. Yu is very optimistic about the future of the post bar!" Tan Yaocheng laughed.
Yu Song sat up straight and said seriously: "That's a must." Tieba will become the largest Chinese communication platform in the future, with at least tens of millions or even hundreds of millions of traffic every day, what do you say its future holds?"
Tan Yaocheng was really shocked now, but he didn't expect this Yu Song to have so much confidence in the post bar.
But after the shock, Tan Yaocheng felt a little funny in his heart, how could he be shaken by a young man's heart?
Tan Yaocheng shook his head and said, "I admit that what you said is very moving, and it is possible to achieve it." But don't forget, the current post bar has no capital injection, and there is no traffic support, so its development speed is not destined to be fast. ”
Tan Yaocheng pondered for a moment, and then said: "Once it is imitated by enterprises or individuals with a lot of traffic and funds, I believe that it will soon surpass your post bar, and it will not be able to raise its head to suppress it." ”
The meaning of this sentence is very simple, aren't you very good at Yu Song? But I'm even better at Baidu, as long as I imitate your model, can you still be awesome?
Yu Song smiled slightly, "I admit that the mode of sticking is very simple, and if you want to imitate it, there is no difficulty." However, no matter how good the imitation is, it is just picking up people's teeth. ”
Tan Yaocheng was about to speak, but Yu Song unceremoniously raised his hand to interrupt, "Besides, is the post bar so easy to plagiarize?"
If you've been paying attention to Tieba, you should know how fast Tieba's product development is now. In the past two days, we have just launched a personal post bar, as well as a sign-in function and a user level function.
To put it mildly, when you copy our current version of the post, maybe we've gone to version 2.0, or even version 3.0.
Plagiarism is very simple, but innovation is the only indicator that an Internet company can survive in the market. ”
Yu Song is very right, the post bar is so powerful, Baidu also wants to follow the trend, but it can't do it!
Why? Because the update of Tieba is happening too fast!
You always take something that users have already played, why should users buy it?
Besides, the sticker bar has greatly improved the stickiness of customers, if your product does not have a shining point, why do you compete for users from the sticker bar?
Yu Song's words were a bit harsh, but Tan Yaocheng pondered, the most powerful thing about Tieba now is not its mode, but its update speed.
If you can't keep up with the pace of others, you can only be beaten passively.
Yu Song saw that Tan Yaocheng didn't speak for a long time, and continued, "Just now Mr. Tan said that my funds and flow are insufficient, and I am not afraid to tell you the traffic data of Tieba." Now there are more than 1 million registered users and more than 300,000 daily active users. What's more, it's only been less than two months since Tieba was officially launched, and with such a fast traffic growth rate, what else do I have to worry about.
As for funding, it's really my weakness right now, but I believe that if I spread the news of Tieba financing, then there will definitely be a lot of people looking for me. ”
After listening to Yu Song's words, Tan Yaocheng sat up straight, "Let's talk about the conditions of your financing." ”
Yu Song was overjoyed in his heart, the old fox finally relented, but he was calm on the surface, without showing a trace.
"With a valuation of 50 million, I only diluted 10% of the shares in Series A. Yu Song said it very lightly, but everyone in the conference room heard it.
Tan Yaocheng was not calm in an instant, and said loudly: "50 million? impossible, we will only accept 35 million at most, and the shares must account for at least 30%. ”
There is no hope of packaging and selling, and in terms of valuation and shares, Tan Yaocheng does not want to return at a step.
"This issue is not discussed, since Mr. Tan, if you don't agree, then there is no need for us to talk about it anymore, let's talk about it another day!" Yu Song stood up directly, and left after speaking.
Now it's Tan Yaocheng's turn to be confused, so you just leave? Do you think you're buying something from a street stall? Do you still want to force yourself to keep you, and then obediently comply?
Dream!
Tan Yaocheng thought very simply, this must be Yu Song's strategy, he can't give in, he must be in a dilemma.
But before Tan Yaocheng could stand up, Yu Song had already walked out of the conference room, and Zhu Qi wanted to go up to stop him, but stopped halfway through.
"President, what should we do if the people are gone?" Zhu Qi had no choice but to ask Tan Yaocheng for help.
Tan Yaocheng almost spurted out a mouthful of old blood, is this guy really gone like this?
"What are you doing here, hurry up and chase people back!" Tan Yaocheng shouted loudly.
Zhu Qi was a little depressed in his heart, this is obviously your own talk to him, what does it matter to me?
But complaining is complaining, Zhu Qi immediately ran out of the conference room and caught up with Yu Song, who was going out.
"Mr. Yu, please wait a moment. Zhu Qi called out to Yu Song.
Yu Song turned around and glanced at Zhu Qi, "Is there anything else?"
"Yu Song, there may be a little misunderstanding between us, how about we go back?" Zhu Qi said with a smile.
"If we can't reach a consensus, I don't think there's any need to talk about it. "Yu Song said very clearly, if you don't agree, I won't go back.
Zhu Qi didn't expect Yu Song to be so difficult to deal with, and there was no room for negotiation at all!
"Well, I'll go back and ask, and you can wait a minute. ”
Seeing Zhu Qi pushing the door in, but there was no one behind, Tan Yaocheng's face was as black as the bottom of the pot, this guy is really gone?
For Tieba, Baidu's first goal is naturally to package and acquire, but if it really doesn't work, the shareholding must be achieved.
But now, people don't talk to you, how can you make a difference?
If this project is really smashed by yourself, then you can still get mixed up in the company?
Fortunately, Zhu Qi hurriedly relayed Yu Song's words, which made Tan Yaocheng's heart settle down a little.
Tan Yaocheng was a little annoyed in his heart, this Yu Song really didn't get in the oil and salt, but he really couldn't do anything about him!
"10% is 10%! You hurry up and call him back!" Tan Yaocheng compromised.
Back in the conference room, Tan Yaocheng's face was a little ugly, and Yu Song's attitude became cold, and he directly said all his conditions.
The first two conditions, Yu Song has said before, the valuation is 50 million, and Baidu's A round can only raise 10%.
The third condition is that Baidu cannot interfere with its own operations.
Fourth, Baidu should give Tieba the greatest traffic promotion support. Regarding the keywords of Tieba, the search results must be ranked in the top three.
Fifth, Yu Song needs to cash out 20% of the financing amount, that is, Baidu financing 5 million, but not all of the 5 million goes to the domain company, of which 20% goes to Yu Song's private pocket.
Hearing Yu Song's conditions, Tan Yao Chengqi couldn't say anything.
Are you here to talk about things? You're here to rob, aren't you?