Fight To the Third Generation

Chapter 570: Pinch-Point Mergers And Acquisitions

The latest website: For more than half a year, Google’s development has been smooth.

The reason why Su Yehao exaggerated was to unite the company and take the opportunity to make them make persistent efforts.

If the news spreads, it may also make Yahoo’s side throw the mouse. Although competition is the norm in Silicon Valley, it is enough to make Yahoo executives feel uncomfortable for a long time in case of being careful and maliciously suppressing their opponents.

His voice just fell.

Google’s chief operating officer, Danielle Kenning, immediately clapped the table and said loudly:

“That’s right! The purpose of Yahoo’s acquisition of us must be to hide it in order to continue to dominate the search engine market. This is a monopoly!”

The purchase price of 1.2 billion US dollars used to make Larry Page and Sergey Brin drop their jaws. Now they are not so short of money.

Sergey Brin turned his head quickly and said immediately:

“Once our company goes public, the market value is expected to reach between $2 billion and $3 billion. How dare Yahoo make an offer of $1.2 billion? This is humiliating us, right? Obviously, our recent development trend has hope. Overtaking Yahoo and constantly eating away their market share, Yahoo’s search results are full of advertisements, which affect the user experience.”

Hearing that Su Yehao seemed unwilling to sell, a marketing director raised his arm and pushed the glasses, and said, “Maybe we should leak the news, if the company encounters malicious competition from Yahoo, it may win the sympathy and support of users. Yahoo has always promoted openness and inclusiveness, and its corporate image has been damaged, but it is very good for us at Google.”

“Yeah that’s right, I’ve been waiting for Yahoo to make a mistake and this could be an opportunity.”

CEO Larry Page, knocking on the table, added: “Yang Zhiyuan’s acquisition offer represents Yahoo’s recognition of our strength, and it shows that we are doing the right thing.”

Some people are really angry, and some people are surprised that Google can sell 1.2 billion US dollars.

Valuation is just valuation, the purchase price is equal to cash, and the two should not be confused.

After all, the company continues to lose money now, and the practice of burning money in exchange for the market has led to the low valuation of Google in institutions. After all, it has not shown a mature, stable and growing profit realization model.

Seeing that everyone was filled with righteous indignation, Su Yehao was very satisfied.

This shows that there is still a bit of cohesion among the top management, unlike the previous acquisition of icq, where one by one was rushing to sell, and the shareholders contacted him privately to help them come up with ideas, for fear that the transaction would not be completed.

Most of icq’s original equity was in the hands of a group of venture capital institutions, but Google was the hard work of everyone present, and watched it step by step from small to more than four million users.

Of course there are feelings.

The more critical point is that the vast majority of Google executives have not yet received equity and option awards, and they can also see that Google has broad growth potential. Under the shroud of Yahoo, it can develop to the scale it is today. Good proof.

Since it doesn’t do them any good to sell the company now, continuing to grow Google well will pay off handsomely.

Comparing the two, it is clear at a glance which is better. There are no fools present, and they can all see that Yahoo’s acquisition of Google is not to develop it, but to spend money to eliminate disasters and settle troubles, as is the usual practice of other giants.

Silicon Valley, and the rest of the world, isn’t really without other good companies emerging, and many companies that once gained a lot of attention then quickly fell apart.

By acquiring small companies, giants can keep key technologies in their own hands even if they cannot be integrated in the end, so as not to lose them to competitors.

The outside world likes to call this giant’s practice of stifling competitors and blocking technological innovation, which is called “pinching mergers and acquisitions”.

Don’t ask why everyone here knows so well, and point out the key points, because they actually do it.

This practice is too common. Google has acquired seven start-up teams this year, spending a total of more than 10 million US dollars. By absorbing technical talents, continuously optimizing product performance and providing users with a better sense of use experience, last month Just launched Google version 3.0.

Version 4.0 is also in development, with a better set of algorithms in an attempt to deliver personalized ads.

The recent consensus among Google executives is to promote the company’s listing as soon as possible. If you want to achieve an excellent performance, increasing the traffic and monetization channels is undoubtedly the focus of work.

At this moment.

Su Yehao knocked on the table, made a key point and said:

“I know that Google is an excellent company, it outperformed even the Kaomoji Group, and continued to expand under your stewardship even in the face of fierce competition. Selling Google as a whole is not in my scope, however financially Considering the situation, I think it is time to start thinking about a round of financing, and let Danielle take care of this matter, she has worked in venture capital firms and is more experienced.”

“And Larry, you are in charge of rectifying the company and looking for weak points that may be attacked by the enemy. As far as I know, the Japanese Softbank Group is also eyeing us this time. Those from the venture capital institutions like to bite the bullet. The prey does not let go until the goal is achieved.”

“According to my idea, we are looking for partners this time, preferably some powerful institutions that can provide other help to Google…”

heard.

The executives sitting in the conference room immediately became excited.

According to the recent conventional practice of Silicon Valley companies, after the A round, there will be at most one B round, and they will start to consider listing on the Nasdaq. Just in time to hit the big bull market, both founders and investors are often impatient to wait too long. Long.

Danielle Kenning nodded readily and replied, “No problem!”

Su Yehao continued: “This year, everyone, come on, let me say in advance that the bonus at the end of the year may reach the level of half a year’s salary, and it depends on your performance.”

Giving up six months’ salary as a bonus seems sincere even in the frenzy of Silicon Valley.

After simply finalizing the countermeasures, discuss the specific arrangements for financing. For example, in terms of equity, Su Yehao intends to release 20% first. He will no longer be as petty as Yanwen Group, and will go public directly without external financing.

To put it bluntly, this round of financing is actually a bit like digging a hole for others to jump in.

After the B round of financing is completed, the IPO will be listed, and the equity incentives for executives and employees will be included.

A total of half an hour short meeting.

At the end of the day, it happened to be lunch time, and the news about the year-end bonus and the 1.2 billion acquisition invitation spread rapidly within Google.

A bunch of “old” employees in Silicon Valley were simply overjoyed, while the newcomers who joined this year were stunned and asked around about joining the company this year and how the bonus will be calculated at the end of the year.

Not to mention the storm.

Many employees feel proud to learn that Yahoo is eyeing their own company.

It is not easy to be targeted by giants, which means that Google has strength…

ps: I can read the new chapters that are updated in real time outside. I have read two-fifths of it and returned to the old way. It was only about 12,000 in one day, and it was difficult to make a meal. I hope everyone can support the genuine version.

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