Chapter 104: Exposure to Google

(Thanks to the tip of the world's jerking off, today's second update, the third is a little later.) )

Just as Zhou You has done a lot of research about Google, the two founders of Google have also done a lot of research on Zhou You, a wealthy man.

When Paris first approached Google on behalf of Zhou You last November, Larry and Sergey thought it was an April Fool's joke.

An Asian billionaire whose wealth comes from the pharmaceutical industry and the treasure hunting industry, has nothing to do with the Internet industry. All of a sudden, the other party says they want to invest in their company, which is a bit abnormal no matter how you look at it.

What's even funnier is that since the other party is interested in investing in their company, they don't entrust a formal lawyer to come over, but let a celebrity who is famous in the fashion industry come forward, which is more like a farce.

Google is a company with ideals, not a toy for the rich.

So they did not hesitate to refuse each other.

But then, UBS's investment department stepped forward and let them know the sincerity of Zhou You, and also knew that the other party was not on a whim.

UBS is not a particularly large bank in the commercial banking world, but it is the largest private bank in the world. UBS does not have the largest number of deposits, but it has the largest amount of long-term deposits in the world.

Commercial banks have a lot of liquidity, but these money are depositors' funds and are always in circulation.

UBS, on the other hand, has the largest number of stable deposits in the world, due to the large amount of these deposits and their high stability. Therefore, the investment department of UBS is no worse than Goldman Sachs and Morgan Stanley, but they adhere to the principle of making a fortune in silence and rarely publicize their performance.

But how many of the world's largest companies do not have a stake in UBS?

Although their holdings in each of them are not large, they are a river of sand and rivers, and this wealth and influence is something that no company can ignore.

However, due to the bank's stable investment strategy, Google, which is in the development stage, has not yet entered the sight of UBS. They also don't invest in Google at this time, because what they are looking for is not high profits, high returns, but stable income, and they will not take any risks.

After careful consideration, Larry and Sergei decided to accept UBS's connection, not only because they were rich in travel, but also because they considered the social connections and industry influence that they could use after establishing a relationship with UBS.

Secondly, it is the condition proposed by Zhou You, he proposed to divide Google's shares into AB shares, and he can leave the voting rights to the two of them as long as the shares that do not have voting rights, so that there is no need to worry about the other party forcing the palace in the future and fighting for control of the company.

Of course, another important reason is that they Google is really out of money now, and now, they spend more money.

Internet crisis, what is a crisis? It is that there are opportunities in danger.

From large companies like Cisco, Microsoft, and Apple to small studios of two or three people, all high-tech companies and Internet companies have been hit hard by this cyber crisis.

Cisco has evaporated most of its market capitalization from the highest market capitalization of $500 billion, not to mention those small companies.

These small companies are Google's targets, and while they don't yet have obvious profit prospects, many of them have patents and ongoing growth prospects that are most important to Google's two founders.

Now that many small companies are in turmoil, it is a good time to acquire, and there will not be too many opportunities like this in the future.

So at this time, Zhou You was willing to come up with a huge amount of money to invest in them, and they were indeed a little moved.

When Zhou You, accompanied by a group of experts from UBS's investment department, entered the conference room of Google, Larry and Sergei were attracted to Zhou You at first sight.

This is not only because Zhou You is an Oriental, nor is it just that Zhou You is the youngest, but also because of Zhou You's momentum that looks at all beings, so that no one will not be attracted by him.

This is a strong, domineering young man who will not be ignored by anyone.

Thinking that he had killed fourteen people with his own hands, because the number of dead people had exceeded twenty, Larry and Sergei glanced at each other, and wondered if they were wrong.

Would such a powerful tycoon really be willing to stay away from the center of power?

But the subsequent contact quickly made them change their minds again.

With more than 10 years of Google's development history and experience, Zhou You knows better than anyone here what Google's two founders care about and value most.

So, after the pleasantries, Zhou You said straight to the point: "In China, I also invested in an Internet search company and an instant messaging company, and in both companies, I also have a large stake, but I left all the voting rights to the company's founders." Personally, I am very optimistic about the future of the Internet. However, I am not a businessman and do not want to focus my limited energy on the operation and development of the company, so I have always adhered to the principle of only investing and not interfering. ”

Larry asked curiously, "What does Mr. Zhou think of himself as?" ”

"Adventurer!" Zhou You lay on the conference table, looked at the two of them seriously, and said: "I like adventure, I don't like ordinary life, so you don't have to worry about me being interested in the management of a company." It's not so much that I like to invest in companies I like, but that I like to invest in people. The two of them can develop a company to this stage in two years, and I value the business ideas and vision of the two more important, so you don't have to worry about the development rights of the company that I will snatch in the future. I am more expecting that due to the smooth development of the company, the U.S. government will conduct a security review of my shares and reduce my shares. ”

Everyone laughed.

If it is an ordinary company, the U.S. government certainly doesn't care who controls it. When the U.S. Department of Security can be released, it means that the company has developed into a leading enterprise in the industry.

At this time, the US Department of Security will use intelligence security as an excuse to control the scope of power of non-US shareholders.

Let's say the simplest examples, Yahoo and Google.

In all the media publicity, Yahoo's Jerry Yang is portrayed as a technology controller, not a good entrepreneur. The media advertises the failure of Yahoo and the rise of Google at all levels, not politically, but purely corporate behavior.

But all discerning people know that these are just tricks of the US government, and the real reason is that the founder of Yahoo is a Chinese, so it must be suppressed.

If it is just a simple corporate action, then why did Yahoo Japan still control most of the search business in Japan until 2016?

Therefore, if Google is a small company, the US government will not make a move, and when Google can challenge Yahoo, Zhou You will be slowly forced to make a move no matter how much equity he has now, and he will only be allowed to hold no more than five percent of the shares at most.

Only Sequoia's representative Faulkner was a little displeased, and Zhou You, as a Series B investor, directly gave up his voting rights, which was also a big impact on them, with this precedent, and then refinancing in the future, the two founders of Google will have more requirements for future investors.

He cleared his throat and said: "Mr. Zhou, you have also heard of investing in our company in China, and the industry you are in has nothing to do with the Internet industry, but why are you so keen to invest in Internet companies?" ”

Although Sequoia's power is great, Zhou You doesn't care at all, because he doesn't care about them, the industry predators.

So, he smiled and said: "Not only that, I also have a great interest in other Internet companies, and I will continue to pay attention to the development of the Internet industry in the future." Whether it's search engines, instant messaging, video sites, online games, mobile phone intelligence in the future, and virtual communities, I have a great interest. ”

In these words, Zhou You deliberately revealed some heavenly opportunities, which immediately aroused everyone's interest.

Although Zhou You doesn't know much about this industry, he also knows a lot of familiar development history, and has a forward-looking industry that knows better than anyone else.

From vinyl records to cassette tapes, from CDs to MP3s that have appeared today, Zhou You only used a simple example to let everyone understand the future of music development in Internet music.

This example is also deliberately illustrated by Zhou You, because the intellectual property protection in the United States is relatively perfect, so there is a development prospect for Internet music in the United States, if it is in China, until more than ten years later, there is no music website that has developed.

As for other aspects, they asked again, and Zhou You didn't care, he didn't want to change the development of history casually, he still wanted to take this exam to make money!

What's more, the two founders of Google haven't taken the bait yet, so why bother telling them all the hole cards.

If the contract is signed, I will choose some irrelevant development direction to tell them, and let them value themselves as a shareholder who is not in power.

The first day of the meeting was friendly, and the appearance of the carriage and horses at the beginning of the tour also won the favor of the two founders. At the very least, they don't have to worry about Zhou You's interest in controlling the company, which is very important for two budding entrepreneurs.

In their hearts, Zhou You's words about the future development trend of the Internet industry are very credible.

Although Zhou You said that he was not a businessman and an adventurer, everyone believed that even if Zhou You was not a good manager, he was also an excellent strategic investor, which changed their views on Zhou You's layman to a certain extent.

That night, Zhou You entertained the two founders who had secretly come over in the hotel where he was staying, and the three of them had a conversation about the future development of the Internet industry.

After they determined that Zhou You had no interest in the management of the company, they had already accepted the investor in their hearts.

However, this is only a premise, and it will take complicated negotiations to accept Zhou You as a shareholder. (To be continued.) )