Chapter 485 (1/2)
In the morning of the next day, Li Mu held a discussion meeting in the company. First, he said that Xin Lang was going to do instant messaging software. Then, he led the discussion to how to win hao123.
As for hao123, Li Mu doesn't need to say too much. All the people sitting here are senior Internet users. Naturally, he knows hao123, the first personal station in China.
At first, we didn't understand why Li Mu wanted to collect hao123. Such a navigation website with low technology content and making money by relying on strong traffic is very useful for traditional Internet enterprises. But for the company with client-side products as the core, the meaning is not big.
But when Li Mu said at the meeting that he wanted to be a portal, everyone understood Li Mu's intention.
New wave needs to do instant messaging and compete with Muye technology for talents. It seems that Li Mu is angry and wants to teach new wave a lesson or kill it.
So we started to talk about hao123.
People of technology schools support to build a navigation website imitating hao123, use the strong flow of YY to support, and then use the cash flow of YY to promote in the whole network, or even to cover the promotion offline. It's sooner or later to surpass hao123, but people of operation school prefer to acquire with full capital. With the current profitability of hao123, Li Xingping has a net income of at least 300 in one year The initial valuation will not be less than 10 times of the net profit, so if you use money to collect, 30 million is the least, and it is not sure whether Li Xingping will agree.
Li Mu also thinks it's too difficult to buy hao123 directly because of its low operating cost and high advertising income. It's just a hen that can lay golden eggs. 30 million yuan can't be sold by itself unless it's replaced with the shares of Muye technology.
But Li Mu didn't want to buy hao123 at such a high price, which is not as strategic as Baidu, so Li Mu raised his expectations at the meeting.
”If you want to find a way to take down hao123 with only money, the price can't be too high. I don't want to be the wrong leader.”
When we were confused for a while, Ding Jian, director of the business department, asked, ”can we call first and then buy?”
Li Mu said, ”yes, tell me what you think.”
Since Ding Jian was dug by Lin Qingya from a multinational company to Muye technology, he hasn't really done a big project, and Muye technology hasn't launched a formal acquisition yet. Today, Li Mu says he wants to finish hao123, and he immediately has the momentum.
Ding Jian carefully combed his thoughts and said: ”now hao123 is the best time. There is no competitor, the operating cost is very low, the user flow is great, and the advertising and ranking income is very high. At this time, the other party is also the most powerful psychologically. He has such a healthy business model, and he will not be interested in any company finding him to buy Interesting. It's too expensive to impress him. ”
Li Mu nodded, and Ding Jian was right. A person can make a net profit of several million yuan if he is light and easy in a month. Even in front of Bill Gates, he will not lose his confidence unless he takes a very high price to compromise.
At this time, Ding Jian said: ”if we also do a navigation website, we don't need to invest too much in this aspect, and then we use YY to guide the navigation website, as long as we let people know that we are doing this, and let them think that we should spare no effort to push forward this thing, I think with the momentum of Makino technology in the Internet industry, hao123 must He will be very nervous. He only has hao123, but we have too much. When he is nervous, worried and scared, we will talk about the purchase with him, and his psychological price will be greatly reduced. ”
Ding Jian's strategy of fighting first and buying later may be the best way to meet Li Mu's requirements at present. Otherwise, with the increasing value of Internet traffic, Li Xingping's income will be higher and higher. At that time, it will be too difficult to take his hao123.
In the last life, Li Xingping got tens of millions of cash from Baidu and Baidu stock that is far beyond this value. Although the specific amount of Li Mu is not clear, it can be imagined that the actual income of Li Xingping should be calculated in billions. If his Baidu stock has been in hand, the actual remuneration may even be higher.
Ding Jian's suggestion is very reasonable and feasible. It's not uncommon for the Internet industry to buy things first. Moreover, many companies have benefited a lot from the success of this game. These four words have inspired Li Mu to a certain extent, and Li Mu has been wondering why his predecessor Baidu wants to accept hao123.
According to Mr. Li's urination, it's obviously not reasonable to buy hao123 at such a high price. He also has huge traffic. However, the technical threshold of navigation website is so low that it's outrageous. Baidu can make a difference if it does something a little. Why pay such a high price to buy hao123?
However, when he thought that the time node of the acquisition of hao123 was 2004, Li Mu's heart suddenly opened.
There is only one reason - to go public in the United States.If Baidu doesn't have to go public in 2004 to succeed, they will not spend so much to buy hao123. If the plan to go public is two years later, President Li will definitely do hao123, either kill her to replace her, or be afraid of him, and then both sides shake hands and make peace, and take away hao123 at a low price. It's impossible to watch him take away so much profit from his own hands lightly Benefit.
To put it bluntly, everything is what we need.
If Baidu wants to go public, it needs to blow more bullshit and tell more stories to the market. Taking hao123 will give them more capital to boast and tell more stories. When Baidu wants to gain more benefits, it will naturally ignore the small sections and make Li Xingping more profits, as long as he actively cooperates with his own strategic planning.