Chapter 492 Catching a Sheep
Looking at the business card in front of him with only a name and a phone number, Li Yanhong knew what it would mean if one day he dialed the number on this business card.
At that time, his life may have undergone earth-shaking changes in an instant. From a senior engineer to the founder of a search company, his identity, status, and worth may have undergone earth-shaking changes!
After hesitating, Li Yanhong put away the business card, nodded to Li Dongling, and walked out of the office.
Li Dongling touched his chin. If Li Yanhong returned to China and jointly established a search company with Tianya Company, then, as an investor in Yahoo and Soxin Company, Li Dongling would not be able to operate it and let Tianya's The search department directly merged the search businesses of Soxin and Yahoo in Asia, directly becoming the largest search company in Asia!
Of course, these things are still unknown, so Li Dongling can only make some backup plans to prepare for the future.
......
"Robin!"
Steve Kihir, who had just finished discussing the new investment contract and equity allocation with Zhou Hualiang, saw that he was back Li Yanhong called Li Yanhong by his English name and took him aside.
"What did Li talk about with you?" Steve Kihir stared at Li Yanhong closely. He noticed the scene where Li Dongling left Li Yanhong just now.
"It's nothing, just some things about my hometown," Li Yanhong looked at Steve Kihir's eyes, thought for a moment and said, "And ask me if I have the intention to go back to the mainland!"
Listen Hearing Li Yanhong's words, Li Yanhong obviously saw that Steve Kihir breathed a sigh of relief. What Steve Kihir was most afraid of was that Li Dongling promoted Li Yanhong to Soxin High School as an investor and major shareholder. He even replaced him as the founder.
It’s really normal for Steve Kihir to have this idea. All ethnic groups in America sign up for each other. After all, Li Yanhong is from China, and Li Dongling is also from In China, it is completely normal for Li Dongling to promote Li Yanhong to serve as the agent of the Zhixing Foundation in the information search company.
Hearing that Li Dongling had no intention of letting Li Yanhong replace him, Steve Kihir returned to his normal state, "Robin, I understand your feelings, but the mainland is still an Internet desert, and Internet users I don’t know if I have 50,000 yuan, so what’s the use of going back?”
“Souxin needs you, we all need you. As long as Souxin can be listed, you can become a millionaire or a multi-million dollar millionaire! " Steve Kihir painted a pie for Li Yanhong.
Li Yanhong did not refute what Steve Kirsch said, but just smiled and agreed. However, judging from the size of the drawn pie, Li Dongling gave it to Li Yanhong, but the identity of the partner, Steve Kirsch It seems that I have been searching a lot, and I am not willing to divide the equity, and I am not willing to let Li Yanhong join the ranks of senior executives.
"Steve, this is the latest agreement. Zhixing Foundation and Yahoo will invest two million US dollars in Soxin Company in exchange for 35% of Soxin's equity!"
Zhou Hualiang will be a A drafted agreement was handed over to Steve Kircher, waiting for him to sign, which meant that Zhixing Foundation would become the majority shareholder holding 55% of Souxin’s shares.
Zhixing Foundation previously acquired 25% of Souxin’s equity, and now it has joined forces with Yahoo to invest US$2 million in Souxin. Zhixing Foundation received 30% of Souxin’s equity, and Yahoo took 5 % of Soxin’s equity.
Zhou Hualiang has some doubts about this investment. Now that he has become a major shareholder through stock speculation, he is really not sure whether Soxin can recover his capital in the future.
After all, the average survival period of a newly established company in Silicon Valley is only a few months. Silicon Valley Internet companies whose names can be remembered are all survivors who survived rounds of fighting. As for those who did not survive, Well, the grass on the grave is several feet high, and it has long been forgotten...
As the general manager of Tanglin Hi-Tech America, Tanglin Hi-Tech also has Feiyan Technology, Zhixing Foundation, etc. America's business is all managed by Zhou Hualiang, including the investment in Soxin. Zhou Hualiang will also be responsible for it in the future. He has to consider these.
But it was Li Dongling’s decision to add a letter search, and Zhou Hualiang could not refute it. He only hoped that this investment would not lose money in the future.
Steve Kihir looked at the agreement in front of him and knew that if he signed it, he would lose his status as a major shareholder, but there was no other way. At the moment, Soxin was about to run out of food, so he didn’t sign. , what else can be done.
As for losing controlling rights, it is common for founders in Silicon Valley. Founders of companies such as Cisco, Yahoo, and Apple have also lost controlling rights.
However, Li Dongling was quite polite to Steve Kircher. Although he took away the controlling stake, he did not directly interfere with the operation and management of Soxin. This made him feel a little more at ease. Compared with the Silicon Valley gang, Venture capital companies are here, this is already quite "friendly"!
... After Steve Kircher left, the founders of the GeoCities website and ASK, David Burnett and Gruner, came to Li Dongling's office.
"Li, it's an honor to meet you!"
When Gruner faced Li Dongling, his attitude was quite respectful. He and David Burnett Especially for newcomers to Silicon Valley, Li Dongling is an absolute "big shot."
Souxin and Souxin are both search companies. Souxin is having a hard time, so how can ASK fare better? On the GeoCities website, we have met with some investors, but ASK has always been rejected. None of those venture capital firms bothered to meet Gruner.
“Ask is different from other search engines. We plan to design it as a natural language engine that can answer user questions!
The first thing it gives is the answers that may exist in the database. It allows users to get answers as quickly as possible when searching for the same question. If there are no similar questions in the database, the website will be linked! "
Gruner told Li Dongling about the Ask search! The concept, in fact, is more similar to the search concept of later generations.
During the war in the search industry, each search company did not allow other search engines to crawl their own databases. Whether a search engine is useful or not actually depends on the amount of database and web page content. This is also the reason why it is difficult for emerging search companies to develop, because the database has no content at all, so who is willing to use it?
After listening to Gruner's words, Li Dongling just nodded, and then looked at David Burnett. The latter also talked about the concept of the GeoCities website, which mainly uses the Internet to record time and allow users to store photos, etc. On the GeoCities website!
“ASK and GeoCities website, I believe that you will become a company remembered by countless users in the future.
We all know the purpose of Gruner’s coming, Zhixing Foundation is willing to Invest!”
Li Dongling’s words made David Burnett and Gruner look happy. Unexpectedly, Li Dongling was willing to invest in their website. The Silicon Valley venture capital investors who arrived were very critical of them. In the end, they went back to discuss the matter, and then there was no news from them.
“Zhixing Foundation can invest one million US dollars each in ASK and GeoCities website, requesting 41% equity of ASK and 35% equity of GeoCities website!”
Li Dongling said to Gruner and the two of them. When they heard Li Dongling's quotation, they had different expressions on their faces. Gruner was obviously moved, while David Burnett was a little hesitant.
No matter what their reaction was, Li Dongling continued, "If necessary in the future, Zhixing Foundation may also recommend Yahoo or even Netscape to invest in ASK and GeoCities websites!"< br>
Li Dongling left an ambiguous sentence for David Burnett and Gruner to guess. If they are invested by Yahoo or Netscape in the future, the chance of listing will greatly increase. If the listing fails, it may also be acquired. , it depends on how they guess.
As for what Li Dongling said, Gruner and Gruner did not doubt it. After all, Li Dongling was one of the shareholders of Yahoo. The first person to invest in Yahoo, could he still deceive them into making melons and eggs?
Li Dongling feels that Yahoo’s tiger skin is almost being used as wool. In the future, in the realm of Silicon Valley and the American Internet, Li Dongling will have to pull out Yahoo’s tiger skin anyway.
As for the invested websites such as Soxin, ASK, and GeoCities, if the listing fails, they will have to be given to Yahoo and Yahoo will acquire them at a high price...
Anyway, Li Dongling is not the only one who did this. The people carrying the sedan chair really thought that in the previous life, Yahoo was just like swallowing up dates, spending a lot of money and acquiring so many useless companies. How did it come about?
There are even some acquisitions that outsiders may not understand, but Yahoo just does it. Why, because these acquired companies are backed by members of Yahoo’s board of directors, Silicon Valley venture capital, and Wall Street institutions. !
Just like Souxin, if it is supported by Sequoia Investment, then Souxin has no hope of listing, and Sequoia Investment does not want the money invested in Soxin to be wasted, what should we do? The simplest thing is The way is to merge the two companies it invests in, which will not only solve the problem, but also make a lot of money!
During the Internet frenzy, no matter how hard you try, the stock price can rise sharply, which is naturally due to the frequent occurrence of various violent operations. In the previous life, Yahoo made so many large-scale acquisitions, not because it wanted to acquire them, but because of the board of directors, Investors want it to acquire it, but Yahoo is actually like a fat sheep whose wool is being squeezed out by all parties!
...
On Li Dongling's side, under the banner of Zhixing Foundation, he invested in several Internet companies such as Souxin and ASK.
Larson is also recruiting suitable Himalayan podcast creators according to Li Dongling’s request.
In the game between the New York Knicks and the Chicago Bulls, Larson's eyes were focused on the players sitting next to the water fountain on the bench.
(End of this chapter)