The scale of Baidu Company at this time was not very large, but this was also a characteristic of the early stage of the Internet industry. In addition to becoming bigger after it went public, it was just a few people getting together at the beginning, and then they had two computers.

Program software can be developed.

Many people who have no money even rent servers. Anyway, in the early stage, they only need a room and a few people, but the later promotion and the like are matters later.

We really don’t need many people in the early stage.

But the amazing thing about the Internet industry is that just a few people can create a lot of value. Unlike labor-intensive industries, which can require many people, the profit is only a little.

Speaking of which, the emergence of the Internet industry is also a huge challenge to the original traditional industries. In the past, everyone worked hard to build factories, recruit workers, purchase raw materials, and then produce finished products and find distributors to sell them.

After the final payment is made, labor costs will be deducted. If the product is popular, product upgrading will also be considered, and the company will be made bigger and stronger bit by bit.

It will take several years before the issue of listing can be considered.

To sum up, the initial investment is large, the profit is not high, and it takes a long time. Only when it is finally listed can it be considered successful.

But the Internet industry is different. The initial investment required is small, the time is short, the listing is relatively fast, and the time for stock appreciation is relatively short.

Li Yanhong enthusiastically introduced their search engine to Jiang Xiaobai, but Jiang Xiaobai was a layman. He didn't understand these technical things and couldn't understand them at all.

However, he still smiled and encouraged. After a while, Zhang Jun called and said that the negotiation had been completed. The final price was 1.8 US dollars per share, which was slightly higher than Jiang Xiaobai's bid.

"Okay, you prepare the contract and sign it with them. I'll sign it in a moment."

After Jiang Xiaobai said casually, he was about to hang up the phone. Li Yanhong on the side asked with some confusion: "Director Jiang, do you want to sign the contract directly? Do you want to prepare a press conference or something?"

"Is it necessary?" Jiang Xiaobai asked subconsciously. This is a multi-million dollar acquisition. It is really nothing to Huaqing Holding Group. Is holding a press conference a bit too exaggerated?

When Li Yanhong heard this, he was also a little embarrassed. According to his idea, this was Jiang Xiaobai of Huaqing Holding Group investing in their Baidu. Baidu's shares were changed. At that time, some news media and reporters would be invited to come and publicize it. This would be important to their Baidu.

It's also a piece of propaganda.

It can also enhance the confidence of other shareholders. What's more, if the acquisition price of Huaqing Holdings Group is publicized, it will also be a gesture for them to buck the trend in the Internet winter.

So he still wanted to publicize it, but he also understood Jiang Xiaobai's feelings. This multi-million dollar acquisition was really nothing to Jiang Xiaobai.

Asking Jiang Xiaobai to inform the media reporters is indeed a bit of a fuss. Even for such a small acquisition, people would be disgusted by notifying the media reporters. At that time, it would just be to sell Jiang Xiaobai's face.

However, if the announcement is made in the name of whiteness, the media reporters who come will be just two or three kittens and puppies, which will have no publicity effect at all.

Jiang Xiaobai looked at Li Yanhong's troubled look, smiled and said: "If you want to notify the media reporters to hold a press conference, just do it. I will just ask Zhang Jun to participate when the time comes."

Jiang Xiaobai has made up his mind not to participate. He personally attended these multi-million dollar acquisitions. This shows that he attaches great importance to this matter. If he didn't know, he would have thought that something had happened to Huaqing Holding Group. Such a small thing

All acquisition cases require your own personal presence.

What's more, if he appeared, it would be easy to heat up Baidu and promote Baidu. Jiang Xiaobai had no objection, but if the publicity was excessive, Jiang Xiaobai would be afraid of any changes in Baidu in the future, and if there would be any slack as a result.

In my heart, I felt that I could sit firmly on the Diaoyutai and become famous.

That is hurting Baidu. As for the millions of dollars he invested to test the waters, to be honest, it doesn’t matter if Jiang Xiaobai lost all of it, because the name Baidu in his previous life was worth millions of dollars.

"Okay, Director Jiang, then I will make arrangements." Li Yanhong felt relieved after hearing this.

"By the way, IP holds shares in your company. I'm also going to contact you to see if I can acquire it and let you know in advance." Jiang Xiaobai said.

Li Yanhong nodded and wanted to ask if he needed help. The IP company only held 2.4 million shares. Because it was an angel round of investment, it was not too much. Jiang Xiaobai only acquired the shares held by the IP company.

If the two million and four hundred thousand shares come in, they will be just a small shareholder.

Jiang Xiaobai is definitely not willing to be a small shareholder with his status. If the investment companies under Huaqing Holding Group have similar styles, but Jiang Xiaobai takes action and becomes a small shareholder, how can he be willing to do so?

If you don't invest, you will definitely need to hold a considerable share of the shares if you want to invest.

Li Yanhong himself was prepared for this. In addition, he paid special attention to Jiang Xiaobai's investment in Penguin and directly took 40% of the shares. The shareholding ratio of Penguin's founding team has reached

to a dangerous level.

Because there is only 11% of the shares, Jiang Xiaobai can hold the shares. It is actually very dangerous for the founder team's shareholding ratio to reach the controlling ratio. At this time, if the capital acquires part of the shares from the founder team.

Then it's just a controlling stake.

Don't say that the founder team is single-minded. When facing capital, as long as the price is enough, there is no need to be single-minded. After all, the purpose of starting a business is to make money. Now that capital is willing to give money directly, as long as it is in the heart.

Why don't you give me the price?

As for friendship and the like, in the face of money, there is no so-called loyalty, only betrayal.

What's more, the founder team itself will have conflicts when the company develops to a certain level, not to mention the involvement of capital.

Therefore, generally speaking, if the company's shares are too controlled by capital, or if one company is dominant, the founder will buy back part of the shares from other founding team partners to achieve the purpose of holding shares and controlling the company.
Chapter completed!