Chapter 595: Acquisition from Google

The global competition between Groupon and Yelp has matured the market, but Yelp, which has more money and users, is the absolute leader in this market. By the end of this year, Yelp will have more than 100 million registered users worldwide and could exceed $1 billion in sales. As their internal executives put it, "I've seen high-growth companies, but I never thought that what we called high-growth was really just the square of Yelp's growth rate." ”

Supporting such a pace of development must be accompanied by the rapid consumption of funds, Yelp has opened almost all major cities in Europe and Japan, South Korea, Hong Kong, Macao and Taiwan, and now it is about to raise funds again. However, the reason for Zhou Shi's early meeting in the United States was not for financing, but for Google's proposed acquisition.

"Are you sure they're not mistaken?" Zhou Shi looked at Shen Haoyu and asked, acquiring a company controlled by a billionaire himself, Google is so confident?

"Yes, they directly made a $5 billion acquisition offer!" said Shen Haoyu

"Are they serious?" Zhou Shi

"I've repeatedly confirmed that Google can even give us hundreds of millions of dollars in security deposits before we start acquisition negotiations, and if the acquisition fails due to external reasons, those deposits are ours. "Shen Haoyu

"Then let's talk to them!" Zhou Shi's expression changed several times, and then he burst out with such a sentence.

"Okay, I'm going to say no...... Wait, what?" Shen Haoyu came back to his senses

"Go talk to them about buying or buying shares?" Zhou Shi

"Are you going to sell Yelp?" Shen Haoyu never thought that with such a well-developed company, how could Zhou Shi have this idea?

"No, not yet, I'm just taking the opportunity to show the outside world that Yelp isn't essential for me. "Zhou Shi

"In other words, if the conditions are right, you are willing to sell it?" Shen Haoyu, although judging from Zhou Shi's development, selling a well-developed company does not seem to be nothing. However, he exhausted his efforts for the development of YELP, did he get such a result?

"There's nothing wrong with that, but there are some things you don't understand. "Zhou Shi

"Do you have any plans?" Shen Haoyu

"There is one thing that is not very likely to succeed, and I have been a little hesitant, but after thinking about it for a long time, I still plan to do it, although it is ......" Zhou Shi

"Can you tell me something?" Shen Haoyu

"Can I trust you? This project is tens of billions of dollars. "Zhou Shi

.......

"I promise......" Shen Haoyu was silent for a long time, and finally made a promise

"I want to buy ......" Zhou Shi

"How is this possible?" Shen Haoyu exclaimed

"How could it be, my fund has already acquired 9.9 percent of the company's shares. "Zhou Shi

"But that's not enough......" Shen Haoyu

"Dreams still have to be had, what if they come true?" Zhou Shi

"Do you want it to buy YELP?" Shen Haoyu

"That's right, if I can go through the share swap, in addition, I sold less than a third of my Apple shares, bought 4.9 percent of its shares, and I am also buying warrants, maybe about five percent. As long as YELP can be sold for a good price, I believe it will fall into my hands. "Zhou Shi

"This company is terminally ill, is it necessary?" Shen Haoyu

"Any company has its value, and all we have to do is make its value visible. "Zhou Shi

"But why contact Google?" Shen Haoyu seemed to be persuaded by Zhou Shi

"It's just a strategy, and revealing our intentions too early will undermine our purpose for this acquisition. "Zhou Shi, he was going to tell Shen Haoyu and other senior executives about this at the end, but the successful acquisition of AIA made him more confident, and even if the target is exposed at this time, it is nothing, and it may not be impossible to succeed if he directly fights for strength. And when the time comes, he will also take the initiative to expose his thoughts.

Shen Haoyu is not a fool, and naturally knows that in terms of business strategy, it is most beneficial for YELP to let Google help raise prices. It's just that Zhou Shi feels a little sorry for Google, from the time he started his business to the present, it seems to have been cheated several times, especially taking away a lot of opportunities from Google. Next time it should really pit Microsoft and Apple, anyway, these two are too strong, and they don't contribute much to human society, and most of the time it is Google who leads the era.

Out of embarrassment for not being known, Zhou Shi specially asked Eric Schmidt to meet, but it was not for Yelp's business. Although he has no money, it does not mean that he cannot make waves in the capital market. When he completely controls AIA, his cash flow will naturally be abundant, which should not be elaborated, right? Warren Buffett is because he has a very large insurance company, so he can continue to buy and buy during the financial crisis, creating the myth and legend of his stock god. In fact, the biggest rich man in the domestic A-share market is not a bank, and there are many restrictions on the bank's funds, and insurance companies can use much more money than banks.

"I wonder if Google is interested in Motorola?" Zhou Shi, he finally decided to cooperate with Google, not anymore, but to facilitate Google's acquisition of Motorola Mobility.

"We're an Internet company, and we're not interested in mobile phone companies!" Schmidt

Of course, Zhou Shi will not believe it, although Google's acquisition of Motorola will have a great impact on Time Android, but the impact on Apple will be even greater. While Microsoft's acquisition of Moto is in the best interest of Time Shell, he is not confident. At this time, Microsoft's CEO is Ballmer, this guy is the same generation as Bill Gai, and his thinking is limited, and it is difficult to make a big breakthrough. Just like now, they have long launched a mobile operating system, but it is still the operational thinking of the PC era, and there are too many requirements for mobile phone manufacturers. For example, the use of the indos phone system only after reaching a certain configuration standard, which severely limits the freedom of mobile phone manufacturers. In order to prevent the fragmentation of the system, Time Android also used this measure at first, and later after Pichai presided over, it changed its method and moved closer to Google Android. In other words, between Apple's IOS and Google's Android, learning from each other's strengths and maintaining a delicate balance in the middle.

"Google wants to give up Android? Can you sell it to me. "Zhou Shi

"No, no, no, one of our most important strategies. "Schmidt

"So Motorola is probably a company that Google has to buy, right? It has more than 17,000 patented technologies and 7,500 patent applications in the process. With these patent protections, the blows suffered by Samsung and LG will not be repeated, and the real Android industry chain will be perfected. "Zhou Shi

"But what's in it for you, Google won't work with Time. Eric Schmidt directly put an end to Zhou Shi's fantasy, Time Android also cannot provide patent protection for mobile phone manufacturers who use it, except for those mobile phone manufacturers with strong technical strength, it is difficult for those small manufacturers to use Time Android's system, of course, it is different in Huaxia. Zhou Shi has a great grasp of monopolizing the domestic mobile phone operating system market, except for Apple IOS, Google Android will not have much market size in China.

"The Apple mobile phone is the biggest competitor of Guoke, I think this reason is enough!" Zhou Shi

"Of course, that's a good reason. Schmidt, "Google has enough strength to buy Motorola." ”

"But Google shouldn't mind having a powerful friend!"

Thanks to Manmanfei for the two monthly passes

(End of chapter)