Muye&Baidu.Inc…
It can be clearly seen from the name that this is a company jointly established by Makino Technology and Baidu. This joint relationship written directly on the name is very common in the West.
For example, the military brand Lockheed Martin is a new product of the merger of Lockheed Corporation and Martin Marietta Corporation;
For example, the luxury brand D&G is the product of taking one letter from the names of its two founders, Dolce and Gabbana;
In fact, Baidu is a soy sauce company in Muye&Baidu.Inc, but Li Mu is still willing to use this name to name the company. On the one hand, it gives Baidu a certain amount of respect, and more importantly, it allows people to see at a glance that Muye&Baidu.Inc is a company. A company that focuses on search engines. Although it is a new company, it has the genes of two Internet companies.
In addition, the name is also to send a message to Larry Page: Guys do what they say and do what they say.
Larry Page was really shocked by Li Mu.
He didn't expect that Li Mu's pace would be so fast, so fast. A few days ago, these were just words he negotiated with himself, but now they have become reality.
After the announcement of the establishment of Muye & Baidu. Inc, the first impact was the rapid increase in Baidu's valuation. In the capital market, Baidu's valuation increased by at least 30% overnight.
Secondly, Makino Technology itself has an additional bargaining chip that can be used to tell stories and increase valuation. This indicates that Makino Technology is about to enter the search engine field. This is a cross-border expansion in an absolute sense. For Makino Technology, There are hundreds of benefits and no harm;
Finally, the market generally downplays Google.
The current situation is extremely unfavorable for Google. With such a heavyweight competitor suddenly appearing in the market, Google's prospects have become extremely slim in an instant. First of all, it is clear that it will be difficult for Google to continue to develop. Secondly, the problem that Google will face next is not the problem of continued development, but the problem of how to defend its own power. The next development will be that Muye & Baidu.Inc will continue to encroach on Google’s share in the search engine field, and There is no higher-level traffic source behind Google, so the only thing they can do in the future is to subtract.
The market lost hope in Google, which directly led to the decline of Google's valuation in the capital market. The capital market's recognition of Google's valuation suddenly dropped from tens of billions to around 6 billion, and capital only gave them Judging the valuation, it is still unknown whether anyone is willing to take over Google's shares for US$6 billion at this time.
The attitude of the capital market suddenly became extremely cold, and the IPO that Google was preparing was also forced to be suspended, because the cooperative brokerage informed Google that if it continued to prepare for the IPO as planned, Google's market value would be far lower than originally expected, and if in the future If Muye & Baidu. Inc continues to have an impact on Google’s business, Google’s valuation will continue to decrease. It is possible that even if it is successfully listed next year, it may not be able to reach a market value of 10 billion US dollars. If Muye & Baidu. Inc is in the future If it brings a huge impact to Google in time, Google’s hope of going public will be in vain.
Internet companies themselves are bubble enterprises, and their valuation and market value are all supported by concepts and stories. Once the concept collapses and the story cannot be told, the company itself will collapse. Google's original concept was: the popularity of search engines among Internet users And the proportion of behavior will become higher and higher, and its impact on Internet users will also become greater and greater; the story is that it is currently the largest search engine in the world, and Google has no super rivals in this industry, and the future is bright.
But now, the concept is still there, but the story can no longer be told. If the story cannot be told, the collapse of market value is the inevitable result.
There are too many cases of bubble bursting in the history of the Internet. For example, AOL, with a market value of nearly 200 billion U.S. dollars, shrank by 98% in a few years; Renren, with a market value of more than 7 billion U.S. dollars at its peak, surpassed Sohu, NetEase, and Sina, and finally fell. to less than one-tenth of its peak market capitalization; and Jumei Youpin, a company that can only be described as haha...
Li Mu has just established a company with great fanfare, but it has already made Google feel the panic that the bubble is about to burst. This also makes Larry Page panic. If Muye&Baidu.Inc really launches Muye search in a few months, and If it is built into all YY products, Google's market value will probably fall below US$3 billion.
…
Just when the whole of Google was wailing, Fang Xudong came.
As a high-end technical talent who came out of Silicon Valley, Fang Xudong was called back to Silicon Valley by Li Mu at this time, and the signal sent was very obvious.
Li Mu transferred all the technical experts he relied on most to specifically solve the problem of building the technical team of Muye & Baidu. Inc. This means that from a technical perspective, Muye project of Muye & Baidu. Inc. has become Li Mu’s current technology priority. The highest level project.
This signal makes Google even more desperate.
Subsequently, Baidu's first engineering team followed Fang Xudong's footsteps and rushed to the United States. According to internal sources, this engineering team was only one-fifth of Baidu's expected manpower investment in the Muye & Baidu.Inc project, and the remaining fifth Four is working hard to apply for a visa to the United States.
Baidu's high priority means that the future team of Muye&Baidu.Inc will be able to use Baidu's existing technology to bring Muye search to the same level as Baidu in the shortest possible time.
This means that Muye may be available to users in just a few months.
Larry Page began to suffer from severe insomnia. He had not slept for 72 hours. There are many others at Google who suffer from insomnia like him.
Then, another piece of news came.
Muye&Baidu.Inc has rented a small and medium-sized office building of more than 5,000 square meters in Silicon Valley. This office building can accommodate at least three to four hundred people. What is more interesting is that this office building is located between Makino Technology Silicon Valley Branch and Google. , if we strictly measure the distance, it is closer to Google than to Makino Technology.
Muye & Baidu. Inc signed this office building, giving Google a greater sense of oppression.
The enemy is coming, the enemy is strong, the enemy is right beside you...
It was completely a sense of déjà vu as if troops were approaching the city.
At this time, more rumors began to emerge.
It is reported that Makino Technology will add Muye search to all non-Chinese products in the future;
There is also news that Makino Technology is preparing to integrate the overseas version of Tieba into the future Muye search engine;
There is also news that Makino Technology has reached a consensus with all music copyright holders that in the future, YYtunes content will be synchronized to the Web and diverted through the Muye search engine. In other words, in the future, users will directly search for certain music on the Muye search engine. For a song, Muye will automatically prioritize the genuine listening and downloading pages to the front, and this also includes the reviews of the song from all YYtunes users;
The even more frightening news is that Makino Technology is preparing to use Taobao Alliance’s advertising solutions on Muye, and in the first half year of the alliance’s launch, all advertising revenue will be subsidized to traffic owners, and they will not get a cent of the share they should get. This is equivalent to They started a price war directly with Google. Google lives on advertising revenue, while Muye & Baidu. Inc relies on Makino Technology.
The last one is the scariest. It is an almost unsolvable attack method for Li Mu.
Which profits do you rely on to survive, I will give away all these profits and let you lose your income plate.
Therefore, Li Mu's strategy is to suppress all sources of income of the other party and then compete with the other party for reserves. This should be the most brutal means of competition in the capital market.
The news circulating in the market for a while made the entire Google breathless. They had witnessed the death of Apple with their own eyes and witnessed Mango-ME's devastating destruction of Apple's profits. They could clearly feel Li Mu's pair of eyes. Invisible hands were firmly stuck on their necks.
Resist? nonexistent.
When Larry Page couldn't sleep for four consecutive days, Li Mu took Su Yingxue around and played around in California. He was in a happy mood.
Although Su Yingxue also enjoyed this kind of world between two people, she still cared about her parents far away in China. She held back her words for the past few days until after the clouds and rain in Wushan on the fourth night, she snuggled into Li Mu's arms and asked him: "When will we probably leave for home?"
Li Mu said: "We can't decide the time yet, are you anxious?"
Su Yingxue hesitated for a moment and said, "Fortunately, if something happens to you, I will wait with you."
Li Mu nodded and said with a smile: "I'm waiting for a signal. As soon as the signal arrives, we will immediately leave for home."
Su Yingxue asked curiously: "What signal are you waiting for? How long will it take?"
Li Mu smiled slightly and said: "I'm waiting for my opponent to give in. It won't be long, it will be a day or two."
Li Mu is really waiting for Larry Page to give in. Li Mu now knows clearly what Larry Page is thinking. He just wants to carry it on until his clues and weaknesses are exposed. However, Larry Page's idea is not It is possible, because in Li Mu's eyes, he has no ability to put any pressure on Li Mu. Without enough pressure, even if Li Mu has weaknesses, it will not be exposed.
On the contrary, it's Larry Page himself. Can he withstand the pressure that Li Mu puts on him? Li Mu made a series of intensive moves in a very short period of time. Almost every move was made entirely to target Google. It was equivalent to giving Larry Page a set of ultra-high-intensity combo punches, which was enough. His blood volume was blown to the max. Therefore, in Li Mu's judgment, Larry Page would not be able to carry it for long. Once he could no longer carry it, he would definitely give in to him again.
Therefore, the time for Li Mu to return to China is very simple. When Larry Page gives up, will he immediately leave to return to China and meet Larry Page? nonexistent.
Li Mu's guess was correct. The next day, Larry Page and all Google shareholders couldn't hold on any longer.
Li Mu's actions are too intensive, large and highly targeted, which means he is using his main army to surround Google, waiting for the moment of general attack. This has basically made the market despair of Google's future. Now it has No one wants to invest in Google, even if its valuation keeps falling.
If this continues, Google will have shrunk by more than half before Muye is launched.
Originally, as long as 15% was diluted to Li Mu, Google's valuation could receive a major positive stimulus and rapidly increase. But now, they have a good hand and they are playing to pieces.
As a result, Google's shareholders held another discussion. In this discussion, everyone attacked and blamed each other at first, but in the end they discovered that in this farce, each of them made a fatal mistake.
Larry Page wanted to compromise at the first opportunity, but the shareholders were unwilling;
After the shareholders realized Li Mu's determination, they wanted to compromise, but Larry Page held back again, thinking that Li Mu might be bluffing, so he might as well take a look before making a decision;
Seeing now, half of the body is buried in the ground.
After tearing it apart for a long time, everyone found that there is no way for anyone to shirk this responsibility. It is like everyone fell into the septic tank at the same time. No one has no smell, and there is no point in tearing it up like this. , can only increase internal friction.
After recognizing this reality, Google struggled to reach a consensus that it was meaningless to continue to blame each other. The best way to stop losses was to seize the time to make up for mistakes.
As a result, the shareholders finally decided to let Larry Page meet with Li Mu on behalf of Google. This time, Google admitted its defeat. The shareholders collectively diluted 20% of the shares to Li Mu, and the shares were increased from 15% to 20%. %, the price is US$4 billion, which is 33.4% lower than the previous US$6 billion. There is a huge gap between the two offers, and the losses behind them are extremely heavy.
But for these shareholders who are completely confused, they feel that as long as Li Mu agrees to invest in Google, guarantee Google’s previous conditions, and at the same time stop Muye & Baidu.Inc’s project, Google’s market value will rise again, so the pain will only be Temporarily, as long as the person is not dead, the cut meat will grow back sooner or later.
Therefore, Larry Page hurriedly contacted Li Ziwei, hoping to make an appointment with Li Mu again.
Li Ziwei had already received instructions from Li Mu. The original words were: "If Larry Page calls you and says he wants to meet me, you should tell him that I will return to China soon and will not have time to see him. If he is If he calls in the morning, tell him that my plane will take off in the evening; if he calls in the afternoon or evening, tell him that my plane will take off the next morning."
When Li Mu quietly ran to Hollywood with Su Yingxue, Li Ziwei received a call from Larry Page.
"Hello, Miss Li." Larry Page greeted, with a hint of embarrassment and confusion in his tone.
"Hi, hello Mr. Page." Li Ziwei asked him with a smile, "What can I do for you?"
Larry Page said in a very sincere tone: "I would like to have another interview with Mr. Li Mu. I wonder if Ms. Li can convey this to me?"
When Larry Page was talking, Li Ziwei had already looked at her watch twice and repeatedly confirmed the time. It was now 4:30 pm local time in Silicon Valley.
When Larry Page finished his request to meet with Li Mu, Li Ziwei responded immediately without half a second: "I'm very sorry, Mr. Page, Mr. Li's plane will take off to return to China tomorrow morning. Before that, he We are not prepared to accept any guests or any form of meeting request.”
"What did you say?!"
(End of chapter)