Chapter Seventy-Five: A Bumpy Capital Injection
Li Shenghao finally completed the preparations needed to fly to South Korea, but before he could ask Liu Feng to book a plane ticket, Lena's mother's phone call made Li Shenghao have to temporarily postpone his trip to South Korea. Pen @ fun @ pavilion wWw. biqUgE。 info
It turned out that as early as the beginning of this year, Li Shenghao thought of an important thing that he almost forgot on New Year's Day because of a sentence from his younger brother Li Shengyuan.
That morning, he got up early to practice martial arts and returned to the living room, just in time to see his younger brother Li Shengyuan pestering Lisi's mother to go out to play. However, Lisi's mother had to prepare breakfast, and her mother, Li Wanshu, was a little cold and uncomfortable because the weather suddenly became cold and cooled, so Lisi's mother and Lena's mother were responsible for breakfast these days.
Originally, Li Shenghao was going to take over, but the three mothers disagreed. There are three mothers here, and they don't want Lee Sung-ho to waste his time in the kitchen.
I finally got up early to go out once, but my mother didn't have time yet. happened to see Li Shenghao coming back from martial arts, so Li Shengyuan shifted the target to his brother.
Li Shenghao went back to the room to change his clothes, and then went out with his younger brother to breathe fresh air. The other youngest brother, Lee Sung-min, was still asleep, and it was estimated that he would not get up until breakfast.
Took my brother around in a big circle outside.
Because of the cold, Li Shengyuan's little face was red from the cold, but he was very happy. He is 10 years old this year and 9-year-old Lee Sung-min likes to play behind his brother's ass very much.
But I can't always see Li Shenghao's figure, either going to school or going to do something, sometimes I can't see it a few times a month, not to mention the two years that the three brothers are separate.
The two children, who have gradually become sensible, slowly know that this eldest brother is very powerful, so their admiration for him is increasing day by day, almost surpassing their father Li Chenlong.
Although I don't see it often, Li Shenghao remembers to buy two copies for his two younger brothers every time he sends snacks to Xiao Jing. So the two of them miss Li Shenghao very much, as long as Li Shenghao will be home and see that he has time, these two little clever ghosts will get into the eldest brother's room and pull Li Shenghao to play together.
Because both parents have told them not to mess with the things in their brother's room casually, so although they play crazy with Li Shenghao every time, they never mess with anything in their brother's room, they just pull Li Shenghao back to their room to play.
When Li Shenghao carried Li Shengyuan to the door of his house, there happened to be a cuckoo calling in the tree, Li Shenghao was still strange, they all said that the cuckoo is the messenger of spring, how can there be cuckoos in this spring, shouldn't they spend the winter in Africa?
And Li Shengyuan was also attracted by the cuckoo in the tree, and pointed at the cuckoo on the tree with his little finger and called: "Brother, brother, Guluo, Guluo!" ”
It was precisely because of his younger brother Li Shengyuan's words that Li Shenghao finally remembered that he had a very important thing to do. That's Google!
Happy, he immediately kissed Li Shengyuan's red face, and then ran into the house with him in his arms.
While eating breakfast, Li Shenghao mentioned this matter to Lina's mother.
"Mother Lena, can you have time to help me look up Google, a privately held company that we founded in 1998 in Mountain View, California. The founders were supposed to be two Stanford University students, Larry Page and Sergey Brin. Now the CEO of this company should be Eric Schmidt. ”
Lena and Liz wondered why their precious son suddenly cared about the company.
Li Shenghao saw that the whole family was looking at him with puzzled eyes, so he had to start from scratch and use his knowledge before crossing to popularize it for them.
In the end, Li Shenghao said with a very serious attitude and tone: "Dad, mother, don't look at this company is still unknown, but in less than 5 years, it will be famous all over the world, believe my judgment." ”
"The era of the future belongs to the Internet. Looking at the speed at which Microsoft and Oracle are growing, I estimate that Google will be the next Fortune 500! ”
Hearing Li Shenghao's evaluation of Google, the family members also paid attention to it.
"Son, will we use the private funds prepared for you or the funds of the S.H Investment Fund to operate this time?" Li Chenlong asked.
"Dad, this time I estimate that it will take a stake in Google, which will cost about $50 million if it goes well, and if there are any changes and accidents, it may rise to 100 million. I would like to use the private money you left me this time, but in the name of an investment fund. And the shares are still in the names of Lisi's mother and Lina's mother, and when Shengyuan and Shengmin become adults in the future, it can be regarded as an adult gift from me, the elder brother, to them. ”
Hearing Li Shenghao's words, whether it was Lisi, Lina or Li Chenlong, Li Wanshu was very surprised. I didn't expect this smart and sensible child to love his two younger brothers like this.
Lisi and Lena, in particular, are even more happy that this son is better than their own.
Three days later, Lena's mother figured out the Google company's profile.
"Baby, the information about this company has been figured out, but it seems that we are a little late, it is said that they have just received $25 million in capital injections from two venture capital funds, Sequoia Capital and Kpcb, and sold 5% of the shares." Lena was a little entangled and said to Li Shenghao.
I didn't expect it to be a little late, but Li Shenghao would not give up this opportunity, otherwise it would be more difficult in the future, and after discussing with Lena's mother, I went to talk to them in the name of S.H Investment Fund to see if I could get the desired result. In the end, Li Shenghao and Lisi's mother, Lena's mother, and father Li Chenlong decided to exchange $100 million for 30% of Google's shares.
"Baby, isn't $100 million a lot, although its prospects are not bad, but the profit prospects are not very clear now, and its annual profit is less than $7 million." Liz was a little skeptical.
"Mother Lis, you must know that although its output is very small now, its prospects are really very good. And now it is also the best opportunity for us to inject capital, otherwise in 1 year, people may not agree to our capital injection no matter how much money they have. Li Shenghao said confidently.
Although I was still a little skeptical, everyone still agreed with the level of evil shown by this demon in business, so in the end everyone agreed.
It wasn't until Lis's mother and Lena's mother came into contact with each other that they realized that their son's estimate was still very accurate. Although they have put up $100 million, neither the two founders, Larry Page and Sergey Brin, nor the current CEO, Eric Schmidt, have been very enthusiastic about the investment.
So Li Shenghao thought of another way to buy shares.
He asked Lis's mother to talk to her for the time being, and then asked Lina's mother to go all out to buy Pyra Labs, the owner of Blogger, a pioneer in leading web logging services.
It was because of the unexpected situation in the acquisition of Pyra Labs that Lena also knew that she had called Lee Sung-ho, who was about to go to South Korea.
After temporarily postponing his trip to South Korea, Lee Sung-ho estimated that the acquisition of Pyra Labs was likely to meet Google.
In his memory, Google's acquisition of Pyra Labs was completed in February, and now it may be because the emergence of the S.H Investment Fund has delayed their time a little, so it is not completed in early March.
Now it's time to rush for time, let's see who moves fast!
It turned out that the acquisition was almost completed, but Pyra Labs proposed a $5 million price increase, and Lena's mother was angry about it, but Li Shenghao knew that if the acquisition was not completed this time, it would be even more difficult to take a stake in Google in the future.
So he quickly asked Lena's mother to agree to the other party's terms, but he put the account on Google, and by 2006 he would have doubled the money from Google.
Because Li Shenghao already knows how to operate, the most important thing now is to take a stake in Google. Only by getting Pyra Lab in hand can we grasp the initiative in negotiations with Google.
When the acquisition was completed, Li Shenghao was finally relieved, as long as Pyra Lab was in hand, I believe it would be much easier to invest in Google this time.
There is another reason why Li Shenghao did not tell his family that in addition to making a lot of profits by taking a stake in Google, there is also the future of Android, which will be his killer weapon against a giant in South Korea.
In the end, it took a week to finally reach a funding agreement with Google.
S.H Investment Fund contributed $100 million to acquire a 28% stake in Google, Inc., and S.H Investment Fund is not involved in the company's day-to-day management, personnel appointments, and future policies and decisions.
The reason why Li Shenghao gave up so many rights and interests was because the other party agreed to Li Shenghao's proposal that the company will not participate in the dilution of equity in the future, whether it is listed and issued shares, or mergers and acquisitions.
Because of this incident, Li Shenghao had to stay in the United States for 10 more days, which also made Li Shenghao think of another thing, which will happen in the Celestial Empire in May this year.
It seems that he still has to go back to the capital before going to South Korea and discuss it with his grandfather and uncle.
At the beginning of next year, he will have to prepare a large sum of money for this matter.
But fortunately, I am still prepared for this matter, but this matter is not easy to operate in the Celestial Empire, it seems that I have to plan well in advance, and there will be any accidents when the time comes.
At this time, in an apartment in a city with beautiful scenery and pleasant environment in the Celestial Empire, the person who was sleeping did not know that he was remembered by Li Shenghao, and was still immersed in sleep.
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