Chen Ze couldn't laugh or cry about the conflict between the two, but he couldn't let the conflict between the two continue to escalate, so he had to tell Li Mu to avoid Lin Lin for the next two days and go find her to mediate. Wait for two days. When SugarClub shareholders meet, I will coordinate on the spot and try to get the two of them to turn the page.
Li Mu didn't say much. Since Chen Ze said that, he didn't offer any opinions.
After seeing off Du Wei, Li Mu and Zhang Kexuan drove away. Zhang Kexuan took Li Mu back to the National People's Congress. The two made an appointment to have dinner with Chen Wan tomorrow, and Zhang Kexuan drove away.
Li Mu got off the bus at the entrance of the National People's Congress, but did not go back to his dormitory. Instead, he crossed the overpass to Yucheng Garden. The first thing he did after returning home was to turn on his computer and write a plan. This plan was to be shown to Baidu. The name of the plan was: About Yi The split of Tingwang and Tieba and the development strategic planning after the split.
It’s also time to “invite” Baidu out of Makino Technology.
While Li Mu was immersed in writing the plan, Lin Lin drove a Mercedes-Benz to the Central Conservatory of Music and saw her younger brother Lin Chu at the school gate. Lin Chu was kicked in total and had a big footprint on his chest that he couldn't bear to wipe away. Waiting for Lin Lin to come over and show it to her.
The huge footprints were extremely eye-catching and dazzling to Lin Lin, who doted on her younger brother very much. She gritted her teeth and asked, "Where is Shepherd Li?"
Lin Chu said: "The grandson ran away with a friend of his."
Lin Lin asked: "You didn't stop him?"
Lin Chu lowered his eyelids: "How dare I stop him? There are two of them, and they are both half a head taller than me."
Lin Lin asked: "Who kicked you? Was it Li Mu?"
Lin Chu said: "No, it's his bastard."
Lin Lin asked again: "What does it look like?"
Lin Chu shook his head: "Wearing a mask, I can't see my face."
Lin Lin immediately took out her mobile phone and called Chen Ze. As soon as the call came through, she went straight to the point without saying anything: "Chen Ze, if you don't find that bastard Li Mu for me within half an hour, we will live forever together from today on." contacts!"
Chen Ze comforted him with some embarrassment on the phone: "Linlin, there is actually just a small misunderstanding between you and Li Mu. Just let it go and it will be fine. We will still be friends in the future..."
"Who is his friend?" Lin Lin said angrily: "If you don't find him, then I will go to the National People's Congress to find him myself!"
Chen Ze said hurriedly: "Linlin, please don't get excited. Why don't you tell me where you are, and I'll go find you now. Let's talk about this in person. What do you think?"
Lin Lin immediately said: "Then you should be at the entrance of the Central Conservatory of Music within twenty minutes!"
"Okay, I'll be there in fifteen minutes!"
…
In this plan, which Li Mu called a strategic plan, he made a bold move to separate Yiting.com and Tieba. He wanted to keep Tieba in Makino Technology, and then re-registered Yiting Technology and split Yiting.com. , after the split, the previous shareholding structure of Makino Technology was moved to Yiting.com. In other words, overall the shareholding ratio of everyone has not changed. What has changed is from holding shares in Makino Technology to holding shares in Makino Technology and Yiting.com. Yiting Technology.
The actual impact of this kind of split on shareholders is almost zero. However, the next most important thing is the shareholding ratio before the split.
In other words, Makino Technology is now going to be split into two companies. So how should the company’s hardware, human resources, and funds in the account be allocated? Li Mu’s allocation method is: Makino Technology’s current team will still remain in After the split, Makino Technology will retain 70% of its operating funds, and the remaining 30% will be given to Yiting Technology for team expansion and daily operations of Yiting.
Tieba is inherently worth much more than Yiting.com, so this distribution method is reasonable.
The most important thing is the strategic planning of the two companies after the split by Li Mu, the absolute controlling shareholder.
Li Mu first proposed in the plan that all shareholders should increase their capital before the split. The capital increase will be based on the equity structure. A total of 20 million cash will be added. 70% of the 20 million will be left to Makino Technology after the split.
Next, there is the development plan after the capital increase. Li Mu’s plan for Yiting.com is very simple: set up a new team, do daily maintenance and operations, spend appropriate money to buy some traffic, and ensure that it is always the first place in the audition website. .
In addition, Li Mu also made some bold predictions about the future development prospects of the MP3 market: With the continuous popularization of MP3 hardware in the future, users will gradually eliminate existing recorders, walkmans and CD players and turn to convenience Fast digital music is getting closer, so online listening and MP3 downloading will be a huge market in the future. Li Mu even boldly predicted that MP3 search volume will account for at least 20% of Internet users' search behavior in the future.
This sentence was written specifically for Baidu. When Baidu saw this sentence, if they seriously thought about the possibility of this sentence, they would be very confident in "recruiting" them from Makino Technology. .
In order to dispel Baidu's concerns, Li Mu also analyzed the feasibility of MP3 listening downloads on the entire Internet based on existing legal loopholes. After his analysis, he came to a conclusion: now is the best time to engage in digital music at no cost, so Yiting.com is destined to have a bright future in the future.
After finishing writing about the plan for Yiting.com, Li Mu started another paragraph and began to write about his "bold plan" for Tieba.
Li Mu’s first sentence was scary. He felt that Hao123 would become the traffic overlord in the future and would become the only way for the majority of netizens to access the Internet. Therefore, Hao123 has great development prospects in the future and may even be the lifeblood of the domestic Internet in the future. , Therefore, Li Mu’s plan is to start advertising and attract investment immediately after Tieba becomes independent, and use the advertising fees plus the cash flow after the capital increase to build a new Hao123.
Li Mu deliberately overestimated the value of Hao123 and deliberately showed his enthusiasm for Hao123, just to make Baidu realize that he had exhausted his talents. Although Hao123 seems to have strong traffic now, its profitability is average, and his future profit margin will be limited to senior experts. Internet people can also foresee that it will definitely reach a bottleneck, and the height of this bottleneck will not be very high.
People at Baidu especially understand Hao123. Like Baidu, Hao123 is a traffic entrance, but it is not a place where traffic accumulates. Users will only transfer here, and both of them lack the ability to retain users. If they cannot retain users, they are destined to fail. There is no way to deeply explore the potential value of users. It is precisely because of this that Baidu later worked hard to develop a series of products such as MP3, Tieba, Zhiba, Wenku, Encyclopedia, etc. Therefore, Baidu now should clearly know the true potential of Hao123 and value.
The reason why Baidu will acquire Hao123 in the future is, on the one hand, to integrate this traffic overlord and increase Baidu's traffic. On the other hand, it is also to prepare for listing in the United States. However, if they are asked to build Hao123 by themselves now, they will definitely not do it. would be interested.
What Li Mu wants is to make them disagree with his plan. When the time comes, Baidu will definitely send people to negotiate with him and try to persuade him to give up the idea of making a navigation website. But what he has to do is to use his absolute controlling capital to make this choice. Go your own way.
Li Mu's plan for establishing a navigation station is also very ambitious. His goal is to complete it in early 2002, and at all costs, the traffic volume must exceed Hao123 by October 2002.
It is basically an impossible task, but Li Mu is very confident in his planning. Now that Tieba has users and traffic, it can in turn deliver traffic to the navigation station. Although this only solves a small part, the remaining You can use advertising revenue and cash flow to finance it. You can buy traffic everywhere, and you can find major software vendors to build it in. It doesn't matter if you don't have enough money. We will start Series B financing in the first half of next year. If it doesn't work, you can still increase capital. In short , I will never give up until I achieve my goal.
Finally, Li Mu expressed his optimism for the navigation station in a long text, and even firmly believed that once a navigation station can catch up with Hao123, and the navigation station and Tieba are bundled together, Makino Technology will definitely become the top Internet site in China. One of the companies.
After writing the entire plan, it was almost ten o'clock in the evening. Li Mu sent the plan to his mailbox and planned to call Tan Yaocheng for an interview tomorrow. Then he would show the plan to him to see if he would What a reaction.
That night, Xinwen Lianbo did not broadcast the news about the leader's inspection of 3321, but arranged it to be broadcast on the evening news at 10 p.m. Tan Yaocheng had just finished a meeting at the company. The investment in Makino Technology was quite successful. Big BOSS and the investment bank behind it They are all very satisfied. Today, the investors specially came with a director to give Baidu a signal at the high-level meeting: Makino Technology has a very good future development space. The investors hope that Baidu can be more proactive in future financing actions and win more for Baidu. The ultimate goal of obtaining more equity is to control Makino Technology. In order to achieve this goal, investors are willing to provide sufficient funds.
Investors from Silicon Valley even said that if they can control Makino Technology as soon as possible, Baidu is expected to be listed on Nasdaq in early 2003. This plan surprised Baidu executives. Their planned listing time should be as early as 2004. At the end of the year, because their current bidding model is still being explored and the profit model is not clear enough, three years is already a relatively optimistic estimate.
After this meeting, Baidu's top executives were very excited. All they could think about was how to operate through capital. They gradually took Makino Technology into their arms. Tan Yaocheng dragged his tired body back home, not even bothering to change his shoes. I didn't want to move on the sofa, thinking about this problem over and over in my mind, but for a while I couldn't find any clues.
The key is that this guy Li Mu is difficult to deal with. He is the youngest Internet genius Tan Yaocheng has ever seen. He is extremely business-minded and difficult to deal with.
His wife came over and urged him to take a bath and relax. Tan Yaocheng waved his hand lazily, picked up the remote control and turned on the TV. He casually changed channels. When he switched to CCTV, his eyes were immediately attracted to Li Mu in the picture. Living.
(End of chapter)