“Will the United States invade Canada?”
If we judge purely from the geography, geography, and politics during the war, it would be easy for the United States to annex Canada, and there would be many benefits. However, if we judge with reference to the world structure after World War II, the United States will never invade Canada.
The reason why it is impossible to invade Canada is also very simple. The main reason is that Canada is on the road and is moving closer to the United States wholeheartedly.
Under the influence of the United States' global hegemony strategy, the only thing Canada wants to do is to be a good neighbor to this hegemon. It even hands over its own national security to him, and just lives its own peaceful life. In this way, the United States has no It is necessary to go to war with Canada. Such a country with thousands of miles of borders does not defend itself at all, and cooperates deeply with itself in various fields. There is no need to fight against it even if it is all over the world.
However, if Canada also wants to learn from the United States and pursue a strategy of global hegemony, then the United States will definitely not allow such a competitor to survive under its nose. The first thing to do is to eliminate this opponent first.
Because of this, everyone can hear it, and the deeper meaning of Li Mu’s words is also obvious. If Google can be its own search engine and does not actively compete with Makino Technology in other fields, then Makino Technology will have no need at all. In five years, go grab Google’s search engine market.
If it were a month ago, Larry Page would definitely be full of dissatisfaction with Li Mu's remarks, but now, Larry Page is completely indifferent. He has corrected his mentality and regards Google as Canada. The Chinese philosophy made him realize an eternal truth: it is best to enjoy the shade under a big tree.
The entrepreneur who asked the question nodded slightly and said politely to Li Mu: "Thank you, Mr. Li, for your answer. The metaphor is very vivid. I understand what you mean."
Li Mu said nothing and nodded slightly.
Then, the host added: "Next, Robin from Baidu will answer your questions."
At this time, there were obviously not as many people raising their hands in the audience as there were when Larry Page answered the question just now. This is related to Robin's lack of personal influence on the one hand, and on the other hand, it is also related to Baidu's cooperation in this merger and acquisition. status is relatively marginal.
Out of politeness, Robin first chose a reporter from an overseas media to ask the question. After the other person got up, he asked: "Hello, Mr. Robin, we know that Baidu holds 10% of the shares in Muye & Baidu, which means that Baidu will own 10% of the shares in Google." After the merger is completed, Baidu directly owns 3.33% of Google's shares. The current value of this share in the capital market has exceeded 400 million US dollars. As far as I know, Baidu has not invested any money in Muye & Baidu, and can obtain it just by participating. Dividends of hundreds of millions of dollars, so I would like to ask, what do you think of Baidu’s huge profit?”
Robin was stunned and smiled: "What do you think? Of course it is a very successful cooperation with Makino Technology. How else can you think of it?"
The reporter asked: "Do you think Baidu's contribution and gain in the whole process are not equal?"
Robin smiled calmly and said: "If what you give and what you get are completely equal, business will be impossible. How can there be a completely equal business in the capital market? There is only one completely equal business, which is the bank's change business. What do you do? He gives you a hundred-dollar bill, and he gives you ten ten-dollar bills, and it’s reciprocal.”
The reporter asked again: "Don't you think Baidu's profits from it are a bit too high compared to Baidu's investment?"
Robin's expression was slightly unhappy, but he still suppressed his anger and said: "Investment is inherently full of opportunities and risks. Baidu only reasonably and reasonably received 10% of the benefits from the project in accordance with the cooperation agreement with Makino Technology. This 10% has no direct relationship with how much money Baidu invested, how much manpower and how much material resources. If you are not satisfied with Baidu making too much money from this cooperation, then you can ask Mr. Li later to see what he thinks about it. Do you have any comments?"
The reporter was choked by Robin and couldn't think of how to respond. At this time, Li Mu picked up the microphone and said with a smile: "Let me first make it clear that Makino Technology and I personally are very committed to each other. Since I and Robin After reaching a cooperation agreement and allowing Baidu to account for 10% of Muye & Baidu, it will definitely cash in the 10%. Whether the 10% represents 40 million, 400 million, or 4 billion, this is a must for a qualified entrepreneur. The basic quality of the equipment, so I think Baidu deserves every penny of profit it gets from it."
After a pause, Li Mu continued: "But I'm curious. In accordance with the agreement signed by both parties, we will honor and fulfill our commitments. With such a simple, direct, open and transparent cooperation, why do you think Baidu's profits are too high? Is it in your thinking? In this model, if you see your partner making money, do you still have any objections? If you have this kind of thinking, no one will be willing to cooperate with you in the future."
There was a roar of laughter in the audience, and the reporter blushed and said, "I'm sorry, there was something wrong with my point of view. I don't have any other questions. Thank you!"
The reporter was from a Silicon Valley media. They were quite indignant about Makino Technology's seizure of 33.3% of Google's shares. They always had a sense of justice that came from nowhere and wanted to express their unique opinions on this matter. This reporter He didn't dare to offend Li Mu, so he wanted to make a subtle mockery of Robin, but what he didn't expect was that he shot himself in the foot.
Then Robin got smart and chose a domestic media reporter for the next question.
The domestic media reporter obviously did not have as strong an angry youth mentality as the previous reporter. After he got the microphone, he asked Robin: "Hello Robin, what I want to ask you is that Baidu and Google are both search engine companies. You can say The most direct competitor, but Baidu now directly holds shares in Google, and both parties have a very in-depth cooperative relationship with Makino Technology, so how will Baidu and Google handle their relationship and business conflicts in the future?"
Robin explained: "Baidu holds shares in Google, which benefits from our cooperation with Makino Technology, but this is a matter of capital level, and the development direction of Baidu and Google will not be affected by this. In other words, Google In fact, there is still a deep competitive relationship with Baidu, but I think this is normal, so when the time comes, the handling methods of both parties should follow the normal business development process."
"Thanks!"
For the third question, Robin still chose a Chinese reporter. The other person stood up and asked: "Hello Robin, my question to you is: Will Baidu consider expanding overseas markets in the future? If so, then the focus will be In which areas?”
Robin smiled slightly and said: "We have always longed for overseas markets. When it comes to the focus, it is actually very simple. We will definitely give priority to expanding the overseas Chinese search market. After all, Chinese search is our strength, and there are overseas Chinese user groups. It is also very large and technically belongs to the 'domestic market located overseas', which is also easier for Baidu to develop."
"Thank you Robin, I've finished my questions."
The host smiled and said at this time: "Then it's time for Mr. Li Mu to answer questions. I believe many people have many questions to ask Mr. Li, so next, we will give the time to Mr. Li, Let him choose the questioner.”
As soon as he finished speaking, most people in the audience raised their hands.
Li Mulian hesitated for a moment and then chose a guest with a Chinese face to ask the question.
The selected guest stood up with excitement and said stutteringly: "Hello, Mr. Li, I am the head of an online novel entrepreneurial team. My question to you is, what do you think of online novels? Why? Makino Technology has not made efforts in the field of novel reading so far, and your future open platform, are you willing to open it to the novel team?"
Li Mu asked him curiously: "Can I ask first, what is the name of your product?"
"Qidian Chinese website."
"The starting point..." Li Mu suddenly laughed out loud and said, "To be honest, I have read novels on your website."
As soon as he finished speaking, the guest who asked the question looked in disbelief, and the surrounding media reporters and guests were also stunned. Li Mu is so busy, how can he still have time to read online novels? There is also this website called Qidian. When Li Mu mentioned it like this, I am afraid it will become popular, right
At this time, before the questioner could react, Li Mu continued: "Let me answer your questions one by one. First of all, what do I think about online novels? I think this is a very good product. You pay to read it online. The model is also a very excellent and advanced innovation. Although paid reading is still an industry with low ARPU value, I am still very optimistic about the future of online novels."
The so-called low ARPU value means that the average income of users in this industry is relatively low. Reading is very cheap these days, two or three cents per thousand words, and each book has a free chapter of two to three million words, so a Users may only need to pay a few cents to read novels for a day, and the average income of such users is indeed very low;
In comparison, the ARPU value of online games is much higher. Players spend at least one yuan per day just on card points. This does not include game recharges, prop purchases and other investments. Well-made games have an ARPU value per capita. At least several times or even ten times that of the novel;
The one with higher ARPU value is e-commerce. Currently on Taobao, the average order amount per order has reached more than 30 yuan, which is infinitely higher than that of novels.
After taking a sip of water, Li Mu continued: "As for your second question, why Makino Technology has not made efforts in the field of novels? The reason is actually that we do not have the energy to operate such a content industry project yet, because content work, especially Long-form content work requires a large number of authors and editors. For the time being, Makino Technology’s content focus is still on news, information and user-created short and medium-length content, and it does not have enough energy to build a novel industry from scratch;
However, if the time comes in the future, we will definitely consider bringing in your online paid novel reading model. This just answers your third question. We are naturally willing to open the open platform to the novel team, and even to everyone. The author is open. By that time, Makino Technology’s operating model should choose to directly acquire a relatively mature team from the industry, and then directly import Makino Technology’s resources for a quick hot start. If your team is interested in financing or being acquired , you can leave a contact information for my assistant Ms. Li Ziwei later, I am willing to become your investor! "
(End of chapter)