"These are the reasons why I am willing to merge with Baidu, if you have any other ideas, you can mention them, if you agree to merge we are negotiating specific terms with them, if you don't want to merge with them, then forget it. After coming back, the next day, Zhou Shi held a working meeting and said that Baidu wanted to acquire Tieba's idea, as well as Zhou Shi's own idea.

"I agree with Zhou Shi's idea, if we don't suffer a loss in this merger agreement, then I agree. Wang Feng stood up as soon as possible, what did people say, the two major shareholders agreed, and came to ask them. Not surprisingly, no one made any suggestions.

A few days later, at the board meeting, Zhou Shi proposed the merger again, which did not surprise him, basically no one objected, it may have been premeditated a long time ago!

"Since everyone agreed to the merger, I have two more requests. One is that Time Company and Time Network will stay, and nominally we are divesting assets other than Time Network and blogs to be acquired by them. The other is that we have a valuation of 100 million. Zhou Shi said the request unhurriedly

"Mr. Zhou, we are very willing to have a valuation of 100 million, but it is too unrealistic. "Fu Xiang

"I have a reason, one is that the other party needs us more in this merger, and the other is that we have a lot of value to them, and we will have a new product launch in a few days, and I believe everyone will have a different opinion," Zhou Shi explained

"What product?" asked Xiong Xiaoge

"Mr. Wang said, I'm a little tired, you guys talk first" After speaking, Zhou Shi walked out of the conference room, always feeling uncomfortable.

Fortunately, the price of crude oil exceeded $50, and the wave stabilized.

On October 10th, the new version of Discuz, the free version was officially launched, relying on the traffic of Tieba, as well as the publicity in some webmaster forums, the general community software associated with Baidu search was launched, and soon received a large number of downloads. Excellent performance, easy to use, stable and safe compatibility plus one-click migration method, quickly received a large number of recommendations.

Then post it, you know, experienced registered users are simultaneously migrated to the time blog, and paying attention to the post bar boss is to pay attention to the user's blog. And add a special tag to those who have a lot of attention to distinguish ordinary users, and almost all public figures also have a big V logo, as long as they pass the review of the time blog, you can add V. A series of actions have led to a rapid growth of blog users and continuous increase in user engagement. Time blogging almost instantaneously surpassed other blogging sites such as blogs.

However, Time Company, which was already preparing to relocate, stopped, and representatives of Baidu Company officially entered Time Company to participate in negotiations, and people from Time also went to Baidu to investigate.

At this time, Yahoo announced that its market share in September reached 48 percent. With a market share of nearly 50 percent, it almost monopolizes the search market in China. For a time, news of the fall of the Chinese search company spread all over the Internet. The blog took the opportunity to launch a heated discussion on "Is the domestic search finished?", "The significance of search engines to national strategy", "What's wrong with Baidu"

"Yahoo monopolizes the Chinese market" and "Does Google still have a chance?". The novel attention, comments, forwarding and liking once again allowed Time Blog to take the opportunity to grow. With Zhou Shi's allocation, Yin Yue has a new experience in guiding public opinion, and it is handy to operate the promotion of blogs.

Yahoo kept attacking Baidu and Google on the Internet, making Zhou Shiyuwen profitable.

Baidu had to speed up the negotiations, and there was a lot less entanglement in some details. However, blogs that have already demonstrated the power of public opinion have not been abandoned by Baidu. Zhou Shi except for Time.com (that is, Douban), all other assets must be merged into Baidu. In the end, Zhou Shi compensated the other shareholders with $1 million and obtained the complete time network and brand.

Zhou Shi also made huge concessions for other products to be renamed Baidu in the future, and all independent domain names jumped to Baidu, collectively referred to as Baidu Tieba, Baidu Know, Baidu Experience, Baidu Encyclopedia, Baidu Blog, Baidu Discuz.

In terms of equity, according to the ratio of 1 to 3, Time.com is 100 million US dollars, and Baidu is 300 million US dollars. The company's employees keep their current jobs, and employees on both sides are paid equally for equal work.

At this time, only the problem of Zhou Shi remained, and Zhou Shi was always a little reluctant to stay in the merged company. He felt that staying in the company would not only be detrimental to Baidu's development, but could also lead to infighting in the company. If employees on both sides fight back and forth, the gains may outweigh the losses. Moreover, Li Shuaige's controlling stake now has a lot of problems. After the merger, Zhou Shi actually held 14 percent of the shares, and Robin Lee was roughly 20 percent. Although it is still the largest shareholder, it is likely to lose control.

There was really no choice but to do so, Baidu proposed an incentive plan, and within three years, Baidu's search market share reached the first place, and more than 40% of the share. The company's equity incentive can be obtained, with a maximum of 1.5%. They are 0.5 percent for more than 40 percent of the market share, 1 percent for more than 45 percent of the market share, and 1.5 percent for more than 50 percent of the market share. It can also be allocated to 5% of the profit in the year of exercise. In the face of such sincerity, Zhou Shi had no other reason to shirk, and finally agreed to the job requirements and served as Baidu's COO. However, the bull card plan was proposed, and Robin Lee's shares were converted into Class B shares, with 10 votes per share and one vote for each other share. The board of directors agreed to the plan, but it will not be implemented until after the listing.

The whole merger plan is unusually fast, and the news was released at the end of October, and the contract was officially signed in mid-November. The relocation began, and at the end of November, the two companies were merged.

Many, many things happened in the middle, such as Monday, October 18th, when the moon was dark and the wind was high, and Zhou Shi's crude oil futures were about to expire. Zhou Shi and Wang Xirui closed their positions at an average price of $55. The profit situation is 12.5 million in institutional accounts, 3.78 million in securities accounts operated by Wang Xirui, and 2.22 million in Jiasheng accounts. After repaying the financing, plus the margin and the like, Zhou Shi has a total of more than 15 million US dollars in cash. This does not include 100,000 shares of Google stock.

The two people who were very excited finally broke through the last obstacle and reached the bliss of life.

It's true: the flower path has never been swept by guests, and the pengmen has been opened for you today.

It is also: lonely and secluded grass and streams grow, and there are yellow orioles singing in the deep trees.

The spring tide brings rain and comes in a hurry, and the wild ferry is unmanned and self-controlled.

After tossing all night, neither of them went out to class the next day, staying in the room to savor the afterglow of passion. Then, Zhou Shi, who finally tasted the taste of meat, scored a brace and achieved a wonderful hat trick.