At 8:50 on Saturday morning, Li Mu arrived at Baidu's office address in Yanjing. Baidu is in the midst of rapid development and expansion. Even on weekend mornings, there are still hundreds of employees working overtime. The Internet company's technology and product departments , working overtime is almost normal, and Li Mu has long been used to it.
When the girl at the front desk heard that he was looking for Jack Zhou, she hurriedly took him to a conference room. Jack Zhou had greeted her before. Today, an important guest was coming to discuss cooperation. He must be notified immediately when he arrived.
Li Mu had been sitting in the conference room for just two minutes. A man in his thirties, with a gentle appearance, wearing a suit, leather shoes, and rimless glasses pushed the door in. When he saw Li Mu, he was stunned at first. After a moment, Only then did he react and asked tentatively: "Are you Mr. Li Mu?"
Li Mu nodded: "It's me."
Jack Zhou was stunned.
After communicating with Li Mu several times via email, and combined with the two projects run by Li Mu, he used his own intuition to guess who Li Mu was. He always felt that this man must be between thirty and thirty-five years old. He must have had experience studying or even working overseas, and he may have even worked in a world-renowned Internet company. However, he never expected that the other person would look so young that he seemed to be only around 20 years old
Although he was surprised, Jack Zhou quickly calmed down, shook hands with Li Mu enthusiastically, and said after a few polite words: "Mr. Li, please wait a moment, our VP will be here soon."
VP is the abbreviation of Vice President. People in the industry like to use English abbreviations to express high status. Li Mu has long been accustomed to this, so he nodded without saying much.
As the person in charge of investment, Jack Zhou usually negotiates with the investees and engages in capital-level games. However, he communicated with Li Mu several times and failed to find any breakthrough point in Li Mu. This made him feel sad. I have always felt a bit frustrated. When I met today and found out that the other person was so young, this feeling of frustration became even more intense.
A few minutes later, three middle-aged men and a woman in her twenties came to the conference room. Jack Zhou hurriedly made introductions, focusing on VP Tan Yaocheng.
Li Mu has heard of this person's name before. He worked at Baidu in 2006 and retired after Baidu went public. Then he became an angel investor. He invested in many projects and was quite successful. He can be regarded as a big winner in life. .
Tan Yaocheng also didn't expect that Li Mu would be so young. In fact, he had set a facial image for Li Mu in his mind. He didn't expect that there would be such a big deviation. It was similar to Jack Zhou. He was shocked for a long time before accepting this reality.
Jack Zhou also introduced other people to Li Mu, such as the technical director and operations director. Li Mu didn't bother to remember their names because he knew that there was only one person he had to conquer right now, and that was Tan Yaocheng.
As for Baidu's technical director and operations director, do they have anything to do with me? These people will only work if they reach a financing agreement with Baidu.
Tan Yaocheng is also a person who pays attention to efficiency when doing things, so after a simple courtesy, he started to get straight to the point: "The main reason why I invited Mr. Li here today is because of Baidu's interest in Yiting.com and Tieba. Previously, Jack Zhou must have also talked to you. We have the intention to package and acquire these two businesses, and this intention is very sincere. I don’t know Mr. Li... "
Li Mu smiled slightly and raised his hand somewhat rudely to interrupt him: "Mr. Tan, regarding the package acquisition, I have made it clear in the email with Mr. Zhou a long time ago that I will not accept packages from any company. Acquisition intention.”
Tan Yaocheng did not expect that Li Mu would not even consider it, and would directly reject the package acquisition without asking Baidu's current intended price. Why would such a young man be so decisive in doing things, even to the point of being somewhat arbitrary? Is he too confident in himself, or is he too confident in the future of Yiting.com and Tieba
Although Li Mu refused so bluntly, Tan Yaocheng still did not give up. He smiled and said, "Mr. Li, don't you want to hear our latest offer? We communicated with investors as far away as Silicon Valley some time ago. Now The price quoted is much higher than the price Jack Zhou gave you before.”
Baidu is very optimistic about the two businesses of Yiting.com and Tieba, especially Tieba. This is simply a community artifact. With it, there will be a giant magnet to gather users. Combining Baidu's advantages will definitely create a community-based community. As a leader, they also made an English version of the current status, analysis and evaluation of these two businesses and sent it to investors in Silicon Valley. In the end, the investors gave a clear reply: If Baidu can package these two businesses, Investors will increase investment in Baidu by US$10 million.
It can be seen that investors are also very optimistic about the prospects of integrating these two businesses with Baidu.
Tan Yaocheng already had a new quotation for Li Mu before he came in. It was 25 million yuan, after tax. Even he felt his heart beat faster at this price. For a project that had only been started for a few months, such a high value was like the Internet. The wonders of the field.
As a result, without even dreaming, Li Mu said calmly at this time: "Believe me, Mr. Tan, with Baidu's current size, you can't afford the price of the package acquisition."
Several people in the conference room looked embarrassed.
Tan Yaocheng was shocked again. Who is this kid? Isn't it too arrogant to just say that Baidu can't afford it without even asking for a quote
However, Tan Yaocheng combined with the information revealed by Li Mu before and roughly guessed Li Mu's real intention, which was to only raise funds and not sell.
Tan Yaocheng asked: "Mr. Li is very optimistic about these two businesses? What do you think the future development prospects of these two businesses are?"
"Let's put it this way." Li Mu leaned forward slightly and said to several people with full confidence: "If I compare the future prospects to a grenade, then Yiting.com is just a fuse pull ring on the grenade."
At this point, Li Mu made a circle with his fingers and said, "Please note, it's just the keychain-like pull ring on the fuse that goes on your finger. It's an entry point I found in the field of online music listening and downloading. , as for Tieba, it is the fuse of grenades, and the fundamental purpose of the existence of Yiting.com and Tieba is to detonate real grenades. Therefore, if you ask me what the future development prospects are, you can compare the power of fuses and grenades. .”
Tan Yaocheng frowned, the fuse could only be a fuse, how powerful could it be? It's just insignificant. How can it be compared with a grenade? To put it another way, what Li Mu means is that the current Yiting.com and Tieba are nothing at all. The two together are just a fuse for his grenade. This kid is so arrogant at such a young age. It’s really Is it good
Tan Yaocheng decided to sound a warning to the young man in front of him, and said in the tone of an experienced person: "Although Tieba's model is very creative, you lack enough traffic and financial support after all. Once this model has a large amount of traffic and funds, If companies or individuals use it to imitate it, I believe it will soon surpass your Tieba and suppress it until it can’t hold its head up.”
The so-called company with a large amount of traffic and funds in his mouth is actually talking about Baidu itself. The implication is nothing more than a warning to Li Mu that if he rejects Baidu, Baidu can catch up with him in minutes.
Li Mu said: "If a company or individual wants to imitate my Tieba, it is indeed not difficult, but even if they imitate Tieba after me, they are just followers without goals."
As soon as the word "Following Dog" came out, everyone could feel the ridicule from Li Mu. In fact, when they saw Yiting.com and Tieba, their first thought was to follow the trend and launch similar products...
At this time, Li Mu ignored the embarrassed expressions of the people present and continued: "If any of you here have been paying attention to Tieba, then he must know how fast Tieba's product development speed is. In more than a month, we not only launched Singer Tieba was launched, and the Tieba sign-in function and membership upgrade system were launched. Immediately afterwards, we launched a celebrity Tieba including all film and television singers, variety show hosts and other celebrities from the two sides of the Taiwan Strait. Immediately afterwards, we launched more Powerful function, that is, user-generated post bars! Let me ask, which company can achieve such a fast and high-quality product update speed? For other companies, it will take at least half a year or even longer to achieve it. Bar?"
What Li Mu said is indeed true. This kind of product development pace is simply inhuman. The reason why Tieba can do this is because Li Mu understands the success or failure of various Internet products in later generations. Every function he asked Kong Lingyu to develop was developed in his previous life. Others spent a long time researching, developing, and trial-and-error, and finally accumulated successful experience.
Tan Yaocheng also fell into deep thought. Although Li Mu's words were harsh, they were true. The product updates so quickly, and the functions of each update are almost amazing. It is really difficult to imitate this kind of person. Just now If you imitate someone else's 1.0 version, someone else's 3.0 has already been released. If you don't have such a strong product development team, you will never be able to catch up.
Seeing that Tan Yaocheng didn't speak for a long time, Li Mu cleared his throat and said again: "Mr. Tan just mentioned traffic and funds. What you may not know is that Tieba now has more than 4 million registered users, and its daily active users exceed 200,000, with such a rapid growth rate, do you still have to worry about traffic? Even if others have stronger traffic, but don’t have such a high conversion rate and viscosity as Tieba, it is basically useless.”
"In addition to traffic, there is also funding. I admit that funding is the bottleneck for my next development, but I think financing is just to make up for this problem. I believe that even if I don't take Baidu's money, I still don't have to worry about financing."
Tan Yaocheng crossed his hands on the table, glanced at Li Mu, nodded slightly, and asked: "If you want to raise funds, what are your conditions?"
The third update, let’s fight! One chapter has 3670 words, the other has 3483 words, and now this chapter has 3161 words. The three chapters together have exceeded 10,000 words! From the time it was put on the shelves to now, Buge’s daily updates have exceeded 10,000 words! For an office worker who gets up at 7:30 in the morning to go to work and doesn't get home until 8 in the evening, it is really too hard and hard. There is almost no time for relaxation and leisure. He works continuously every day just to write this book. Live up to your mission!
(End of chapter)