Life is like a play, it all depends on acting skills.
Li Mu really had a real understanding of this sentence today.
The paranoid attitude has successfully made Mr. Li have negative emotions towards himself. He is optimistic about the future MP3 market and is extremely repulsive to the planning of the navigation website. The solution now is to break through a layer of window paper.
The key depends on who breaks it first and how.
Mr. Li was afraid that Li Mu would force him to increase capital first and then split it. In that case, most of the funds would definitely flow to Makino Technology, and 80% of the money would be wasted. In his heart, he hoped to split it first. If Li Mu wanted to give Makino Technology I will refuse to increase capital. If I want to increase capital for Yiting.com, I will follow up with all my strength. Then when Li Mu is dragged down by the navigation website and when he encounters financial difficulties, he will find a way to get Yiting.com into Baidu's hands. inside.
Li Mu’s goal is to let Baidu leave Makino Technology directly and exchange Makino Technology’s shares for shares in Yiting. Li Mu can accept a threefold discount at most. That is to say, after the split, except for Baidu’s own shares in Yiting. The 10% of Makino Technology's 10% of the Internet will be converted into at most 30% for him, and Baidu will be allowed to occupy at most 40% of Yiting.com's shares.
However, Li Mu now feels that the price seems to be lower.
When Mr. Li saw that Li Mu was silent, the atmosphere suddenly fell into embarrassment. It was difficult for Tan Yaocheng to speak, and it was difficult for other VPs and directors to interrupt. Everyone just looked at me and I looked at you, maintaining a slightly weird attitude. of silence.
Li Mu's face was always ugly and uncertain, and he didn't know what he was thinking. But everyone saw that he was biting his lower lip and clenching his fists, as if he was going through an extraordinary struggle in his heart.
Mr. Li was the first to lose his temper and comforted Li Mu: "Actually, it's better to split it up first. Everyone has their own ideas. After all, we still have to work together in the future. Don't make it unpleasant because of this matter.
Since Mr. Li spoke first, Li Mu was no longer tense. After a few minutes of silence, he exploded!
He slammed the table, stood up suddenly, and said angrily: "Fuck, if you are not optimistic about the future development and are unwilling to increase capital, then let's just stop consuming each other. You can find an investment bank and change hands with Makino. Sell your shares and I’ll go talk to the new investment bank!”
Mr. Li is naturally not a short-sighted person. It makes no sense to sell it now and earn a few times the price difference. What matters is the future layout of the Internet. Seeing that Li Mu was so excited that he even wanted to break up, he hurriedly consoled him: "Li Mu, you don't want to So excited, it’s not that I’m not optimistic about everything, it’s just that I’m not optimistic about navigation websites. I’m very optimistic about MP3 online listening and downloading.”
Li Mu said angrily: "Okay, then I will break up the company and transfer all your shares in Makino to Yiting.com. From now on, you will only hold shares in Yiting.com. I will find an investment bank to do it myself for Makino Technology. You guys shouldn’t occupy the latrine and don’t poop.”
Shit and piss came out. In their opinion, Li Mu was really anxious.
After this series of superb performances by Li Mu, Mr. Li has long been eager to convert all the shares of Makino Technology into shares of Yiting. The reason why he did not dare to say this is because he is afraid of Li Mu's resistance. This is a clear sign that he does not trust him. He had to avoid risks by himself when planning the navigation website. He was afraid that Li Mu would not agree.
Now, when Li Mu said such words himself, he was immediately overjoyed.
MP3 is a big game that I am planning in my mind. It is extremely important. If calculated, it can not only avoid the risk of Li Mu's ambitious goals in Muye Technology, but also increase his share of Yiting.com. Why not
So, Mr. Li hesitated for a moment and asked Li Mu: "Tell me, how to calculate it? According to the current valuation, Tieba accounts for at least 70% of Makino Technology's valuation, and Yiting.com should only account for 30%." Yes, it’s two or three times worse.”
Li Mu waved his hand directly and said categorically: "Three times is impossible, don't even think about it. You are so treacherous and I haven't even pursued you to pursue it. You still want to triple it?"
Mr. Li knew that he had no initiative. He could either convert it into shares of Yiting.com, agree to Li Mu's request to increase capital, or do nothing and wait for Li Mu to dilute his shares. The first option was the only one at the moment. A good choice, so he asked Li Mu: "Tell me, what is the appropriate conversion rate? I think that after the split, 10% of Makino Technology's shares must be converted into at least 25% of Yiting shares."
"Dream!" Li Mu refused without hesitation: "It's just 20%, not a bit more! If you agree, we will sign an agreement quickly. I won't trouble you about navigating the website in the future. If you don't agree, I will Start increasing capital as soon as you get back, and you won’t be able to get out of it.”
Seeing Li Mu's decisive attitude, Mr. Li thought that this person was on the verge of losing control. If he wanted to confront him at this time, he would probably just slam the door and leave, and then directly start the capital increase, and he would be passive.
However, only converting 20% of the shares was still somewhat psychologically unbalanced, so he made a request: "After the split and conversion, Baidu will have priority to lead the investment in every subsequent round of financing of Yiting."
Li Mu said impatiently: "Okay, okay, from now on we will only finance you! Hurry up and sign the contract, I'm so fucking annoyed."
Anyway, it is finally going to be sold to you. MP3 is nothing to others, but to Baidu, which is engaged in search business, it is definitely a huge treasure.
Mr. Li slapped his thigh: "Okay, it's settled. Let the legal department draft the contract now. We'll sign it today."
Li Mu said: "I can't sign today because I don't have the contract seal."
Tan Yaocheng saw that Mr. Li was eager to sign the contract and said hurriedly: "The contract is not simple yet. Just call someone and ask someone to help bring it over."
Mr. Li also nodded in agreement: "Yes, I signed it today to save you from having to make a trip next time."
Li Mu thought that the contract seals of Makino Technology were all in the company and were jointly kept by Lin Qingya and Kong Lingyu. He simply asked her to send them over and signed the contract quickly to avoid long nights and dreams.
However, the play still had to be performed. Li Mu said disdainfully: "It's okay to sign the contract, but if I don't tell you, it's really not interesting for you to do things!"
Tan Yaocheng said with a smile: "Don't say that, everyone is working for each other."
Li Mu ignored him and called Lin Qingya.
Li Mu hasn't contacted Lin Qingya in the past few days. Suddenly she saw Li Mu's phone call. Lin Qingya was a little nervous. As soon as the call was connected, Li Mu said: "Qingya, please come to Baidu now with our contract seal." , find me a lawyer by the way."
Lin Qingya asked in surprise: "Do you want to sign a contract with Baidu?"
"Yeah." Li Mu said with a somewhat unhappy tone: "They are unwilling to take risks and are pretending to be cowardly. They want to transfer all their shares to Yiting.com."
Mr. Li and Tan Yaocheng looked at each other, smiled awkwardly, and said to themselves that Li Mu was dissatisfied, so let him go with the sarcasm.
Lin Qingya was stunned for a moment on the phone. She didn't expect that Li Mu was still worrying about this matter a few days ago, but he would succeed today? Why does he still look unhappy for such a great thing
After a moment, Lin Qingya understood that Li Mu was acting.
Lin Qingya couldn't help but sigh in her heart, her boss was so shrewd that he could even trap Baidu in even if he dug a hole, she couldn't believe it.
However, Lin Qingya did not dare to delay and said hurriedly: "Our company has a cooperative law firm, I will contact them now."
"Well, I'll wait for you here."
When Tan Yaocheng saw that Li Mu had hung up the phone, he asked tentatively: "Li Mu, what company name are you going to register after Yiting.com is spun off?"
Li Mu said angrily: "YiTing Technology."
Tan Yaocheng asked hurriedly: "Yanjing Yiting Technology Co., Ltd.?"
Li Mu nodded: "I have thought about the name before. This name can be registered."
Tan Yaocheng rubbed his hands and smiled and said: "Okay, let's use this company name to draw up a contract. The main subjects of the contract are Makino Technology and us. It states that after the split of Yiting.com, it will be merged into Yanjing Yiting Technology Co., Ltd., and then the conversion will be The ratio is written down, and in the future, there will be the issue of the split of funds from Makino Technology, and we have to have a good talk."
Li Mu said: "There is nothing to talk about. Let's go with the conversion ratio. Since the shares of Makino Technology are converted into twice the shares of Yiting, then split the current assets and cash of Makino Technology into three parts, and Makino Technology into two parts. A copy of Yiting Technology.”
Mr. Li nodded in agreement and said, "It's fair. We have no objection."
Li Mu said angrily: "Don't worry, I will never take advantage of you for a penny. When the time comes, the team and hardware will be converted into cash and calculated together."
Tan Yaocheng hurriedly complimented: "We are sure that you can do what you want, so we will do as you say."
Li Mu sat at Baidu for half an hour. Lin Qingya walked into the conference room with a man in his thirties. As soon as he saw Li Mu, Lin Qingya hurriedly said: "Mr. Li, let me introduce to you. This is Lawyer Chen from our cooperative firm."
Li Mu greeted Lawyer Chen and told him the details of what was finalized with Baidu today. After Baidu's legal affairs team drafted the contract, Li Mu asked Lawyer Chen to go over it and make sure there were no problems before signing the contract. He signed his name on it.
Mr. Li, who was looking relaxed, also signed the contract readily. Then the two parties exchanged contracts and agreed on a time limit. Li Mu would complete the split of Makino Technology within half a month, and Baidu would hire a professional accountant. An auditing company will come to conduct the audit. By then, Baidu will hold 30% of Yiting.com and will completely withdraw from Makino Technology.
Li Mu has achieved his original goal. Now Baidu is of little significance to him. When he is ready to seize the top spot from Tencent, the search engine will be of little significance to him. Compared with the savings of letting them get off the bus early With the capital, this business is definitely worth it.
Baidu also feels that it has achieved its goal, avoiding projects that are destined to ruin the market, and increasing its shareholding in Yiting.com. Yiting.com will definitely have a bright future in the future.
After coming out of Baidu with the contract in hand, Li Mu finally breathed a sigh of relief, and the smile he had suppressed for a long time emerged. Goodbye, Baidu, now that you are down, I can take off.
(End of chapter)