Chapter 239: "What You Will Go Must Be Given First"

Life is unsatisfactory **, but the remaining one is a spring breeze proud, Schmidt is such a person, he was originally the CEO of Sun Microsystems, because he was favored by the venture capital, he became the CEO of Google in the middle of the year, in the words of the head of venture capital, because Sergei Brin, Larry Page, the two founders are too young, for fear that they will do things that should not appear because of their young impulse, find them a "nanny" until they "become adults", to put it bluntly, find them a emperor to watch the maverick two.

Although Google is a new search company and has not yet seen a timetable for profitability, Schmidt sees an opportunity in it, which is why the CEO of a $200 billion company would give up his good remuneration and power to work for a "tiny" company with a market value of only $300 million.

Of course, George did not have malicious speculation in Calus's words that Schmidt had foreseen the decline of Sun Micro before the outbreak of this Internet storm, and wanted to withdraw as soon as possible, after all, although he is nominally the CEO of Sun Microsystems, there is a board of directors staring at and restricting him, and the power of the company is not in his hands, and what he wants to do must go through some bargaining.

The important thing is that as the CEO of the company, he can understand everything about the company, such as the financial and market reactions, and after Microsoft specializes in microcomputers, the enterprise system is his own.

But the capacity of the market is so much, the company has developed to the ceiling and it is not so easy to expand, and it is definitely a wise move to abandon the ship without adjusting the bow in time to change the direction of operation.

In this way, you can keep your achievements on your resume forever, and show your most glorious moment to others, as for the pick-up man and the back-up man, it has nothing to do with him, and it is the most important thing to protect yourself in times of crisis.

The later development is also the timing of Schmidt's withdrawal is very good, which is not reminiscent of his departure because of the company's problems, but also leaves a very large, small but noble position for the successor, so that the latecomers are very grateful to themselves to a certain extent, as for the chain reaction caused by the Internet bubble, it is a natural disaster** has little to do with him.

He jumped from a giant to a small incubating company, as the most brilliant founder of Sun Microsystems, at least the vision is still there, he synthesized all the relevant search news and companies in the market, and came to a conclusion, that is, the company wants to develop rapidly, and the advantage is to keep staking the ground, with the power of capital to catch up and those who come after drowning in the river.

Because there is no accurate direction of profit, Schmidt is still racking his brains to come up with a perfect answer to bring Sergei Brin and Larry Page, who have been rejecting him, the relationship between the two did not expect that a phone call from Calus gave him hope.

There is no need to rush to come up with a plan and run it, which can give Google enough time to develop itself, expand the market, and when it occupies enough market share, profitability will not be a problem, and it is also a good opportunity for him to prove himself in front of Brin and Page.

The meeting with Calus became a meeting between the two old hooligans, during which neither of them mentioned the investment, but in the short period of a few minutes at the end of the separation, the two finalized the general direction and share of the investment, and Callus promised to borrow interest-free money to Google instead of George, in exchange for an undilutable share, of course.

Undilutable shares, Schmidt did not immediately agree to this, after all, the company's shares are mainly in the hands of Sergei Brin and Larry Page, and there are not many shares in the hands of venture capitalists, and he has just entered the company and has not received an equity award.

What's more, he can call the shots this time, after all, he learned the final bottom line in advance from Sergei Brin and Larry Page, but he didn't get any authorization for the undilutable shares, and more importantly, the undilutable means that no matter how many latecomers George's investment is, he will stand firm and hold these shares, unless he loosens his mouth or lets go, otherwise it is impossible for others to make his shares less.

This is a very difficult thing for them, but Sergey Brin and Larry Page's maverick and unique polytechnic men's ideas are just different, and they didn't expect to agree after hearing the conditions proposed by Calus, just a little exchange.

The two didn't want to go through the board discussion at all, but directly set the tone, and after Sequoia and other venture capitalists knew about it, no matter how much they roared and expressed their dissatisfaction, it was impossible to change it, and Schmidt was on the side of Brin and Page at this time, making them feel like they were shooting themselves in the foot.

In fact, the reason why Page and Brin agreed to such a harsh article was only because they wanted to express their dissatisfaction, after all, they could not accept that the company they founded had a CEO parachuted in to restrict their planning and actions.

If it weren't for the fact that Franklin and everyone else in the end were on the same page, they would have flipped the table and started anew.

George couldn't laugh or cry when he heard what had happened, but he was more glad that if it weren't for the rebellion that had provoked Sergei Brin and Larry Page, his plan wouldn't have been so easy to accomplish, and he got a big package.

However, after this incident, the heads of those venture capitalists will also put away those careful thoughts in their hearts, have suffered a loss, and have a memory, their investment path is too smooth, too strong, and the way of picking peaches to drive away the company's founders has been tried and tested on the road of their growth, and it is time for them to reflect.

Not everyone is so obedient that they can do whatever they want, and it also lets them know that there are new opponents watching their field, so that they are no longer unique.

Before the new opponents are not completely integrated into their positions, they must be restrained, otherwise when everything is spread, they will be greatly resisted by the entrepreneurs, especially the people who came to pick their peaches at the time of the crisis gave very loose conditions, so loose that they all felt a kind of unreal, just believe them like that, let them squander the investors' funds at will without restrictions, the board of directors, the finance is not even a single person.

In particular, Schmidt told Calus, the invisible shareholder of Caluss Vois, that Cagliati, who was of Italian origin, had asked him when the capital had become so tender, and where had the greed, cruelty and gore gone!