Chapter 708: Reluctant to bear children but unable to trap the wolf
"AOL has already responded."
After the Lantern Festival, Jimmy called Yu Dong. After briefly talking about the sales of "Xiaoxiaole" and "Lianliankan", he suddenly changed the topic to AOL.
Although Deep Space Corporation has not publicly announced in the United States that Dong Dong will enter the U.S. market, AOL has already received the news first.
Of course, it is not only the Chinese media that pays attention to the Deep Space Annual Conference. Many American media are also paying attention to the developments here. News of the annual conference have been removed from reports a few days ago, including Dongdong’s entry into the United States.
"How did they react?" Yu Dong asked.
"At first, there was no response. When "Xiao Xiao Le" came out, icq announced that it would develop two new features. Later, after the sales of "Xiao Xiao Le" and "Lian Lian Kan" became better and better, AOL also
A press conference was specially arranged to talk about the development of icq."
Yu Dong nodded: "These reactions are normal. They shouldn't have any plans to compete with us for the time being, right?"
In Yu Dong's opinion, AOL had better not pay too much attention to them. In this case, Deep Space can continue to develop with Dongdong Qimimi. When icq itself collapses, Dongdong can successfully take over. In this case, Deep Space can
Save a lot of cash.
Although Deep Space currently has a lot of cash on hand, they have also had many plans in the past few years, which require a lot of money. With this money saved, they can do a lot of things.
"It's not certain yet, but even if they want to compete with us for money, we won't fight them head-on. After a while, I will release the news first and prepare to sell the shares of Deep Sky, and then release the news after a while.
Acquiring Google, going back and forth, and jumping sideways will definitely make them confused."
"Google?" Yu Dong heard a keyword, "We want to acquire Google?"
Jimmy smiled and said: "It's just a smoke bomb. We can't acquire Google now, but Google is still a company with great potential. They happen to be looking for funds. We can use it to stimulate AOL. After all, Google and AOL's business
There is overlap. When I released the news about acquiring Google, I sent out a signal to encircle and suppress AOL."
"How is Google developing now? Why can't we acquire them?"
Jimmy smiled and said: "The best opportunity has passed. If Page and the others hadn't established a company, it would have been better to have spent some money to buy out what they had. At that time, Page also approached Yahoo, but Yahoo didn't want it.
, if we go to acquire it now, we probably won’t be able to get it if we don’t have two to three billion US dollars.”
"Some time ago, Google released news that it wanted to raise funds. Sequoia Capital went over and asked, saying that a 10% stake would cost US$35 million. If it was US$15 million, I would definitely take action."
Hearing Jimmy's words, Yu Dong suddenly laughed. It turns out that business geniuses like Jimmy sometimes make mistakes.
According to the development of Google, you can buy 10% of the shares, let alone 35 million, even if you add zero.
"Are Sequoia Capital willing to take over?"
"I definitely don't want to." Jimmy smiled and said: "We are talking about it now. This matter will not be discussed for a few months. I estimate that the final transaction price should be between US$25 million and US$35 million.
Before, it was neither low nor high."
Yu Dong didn’t know much about Google’s financing history, so he naturally didn’t know whether what Jimmy said was right.
He pondered for a while and then said, "Is there any hope that we can get involved?"
On the day of the phone call, Jimmy was stunned, "Oh my god, Google is just a cover for me to stimulate AOL. I don't want to invest in it. Yes, Google's business overlaps with AOL, but wait until Google can threaten AOL."
, I don’t know how many years it will be, and we can’t wait until that time. Investing tens of millions of dollars now will not be conducive to our subsequent development.”
"We should have a lot of money on hand."
"Uh... I do have some cash, but you can't spend money like this. Uh... If you want to be optimistic about Google, how about we throw out a few million dollars and get one or two points for fun?"
"One or two points, this is not your character. You also know a saying, you can't let go of your children without trapping the wolf. You want to use Google to stimulate AOL, but the problem is that if you don't pay real money, AOL will be affected by it.
Your stimulation is temporary. Sun Tzu said, "If you advance forward and cannot be controlled, you will be able to attack the enemy. If you retreat and cannot pursue, you will be unable to catch up quickly. Therefore, if I want to fight, even if the enemy has high forts and deep ditches, he who has no choice but to fight me must attack."
He must be saved."
Although Jimmy has been in China for many years and speaks authentic Yanjing dialect, he has little exposure to classical Chinese. He was confused by what Yu Dong said in the second half.
"speak English."
Yu Dong smiled and said: "To put it bluntly, what is true is true, and what is true is false. If you want others to take action, you have to attack the places where they must be saved. Compared with instant messaging, the business involved in Google is more important to the United States.
Online is worried, after all, there was originally Yahoo, and now there is Google, and they will have no place to go."
"What you mean is that if we take 10% of the shares, we will drag AOL's attention to Google. Then we will just have to watch several of their companies fight together, and we will only have to pay
It’s only 20 to 30 million US dollars, which is much better than competing directly with AOL.”
Yu Dong raised his eyebrows. In fact, he didn't think so much. Many of them were done by Jimmy himself.
"Ahem, that's probably what I mean. You have a good understanding."
"Sun Tzu still has something, and I will buy a copy of Sun Tzu's Art of War later. In that case, I will contact Google in the next two days."
"Well, in this case, if the financing is called an acquisition, others will believe it more." Yu Dong smiled and asked, "How are you going to sell your Amazon shares?"
This chapter is not over yet, please click on the next page to continue reading! "Sell slowly, don't be too hasty, and the company is planning to continue splitting shares this year, and the stock price should still rise by then."
The current stock price of Amazon on the market is less than one hundred US dollars, but for Deep Space Company, it has risen from the original eighteen US dollars to more than three hundred US dollars, because Amazon has experienced two stock splits, one for two.
Three to one at a time is equivalent to taking it out six times.
The next time Amazon splits its shares, it will still be 2-to-1. The three stock splits add up to twelve times. By then, Deep Space will hold 150 million shares of Amazon.
If the price per share reaches $100 by then, the shares held by Deep Space will be worth $15 billion.
Of course, the so-called value is only on paper, and it is impossible to sell it.
Once Deep Sky makes a big move, it will definitely attract the attention of investors, and then the stocks held by Deep Sky will not be able to cash out at all.
The current strategy of Deep Space Company is to cash out slowly step by step, and cash out as much as it can.
Yu Dong knows that cashing out is a very long process and cannot be completed in a few days or months. Therefore, when the Internet bubble bursts, Deep Sky's shares may not be able to be cashed out much.
However, there is no limit to how much money can be cashed out. Before the bubble burst, no matter how much Deep Space Company cashed out, it was still a profit.
According to Yu Dong's estimation, before the bubble bursts, it should be possible to earn US$3.5 billion.
Precisely because he could cash out a lot of money later, Jimmy did not object strongly when he heard that Yu Dong wanted to invest in Google. After all, investing 30 million US dollars would not affect the operation of their company now.
"By the way, do you know why I fall in love with Google?" Jimmy suddenly said.
Yu Dong smiled and asked, "Why? Isn't it because Google has been developing very well during this period, and their business philosophy attracted you?"
"This happened later. I didn't know much about this company at first. It was Jeff who told me about this company."
"Jeff? Jeff Bezos?"
"Well, Jeff invested 200,000 US dollars in an angel round for Google before. I was very curious after hearing about it. After all, Jeff has a very unique vision. Then I went to find this company to learn more and found that this company is indeed
There’s something special about it.”
Yu Dong nodded. Jeff Bezos is indeed an investment genius. Yu Dong is not surprised at all that he can invest in Google.
With $250,000, Yu Dong didn’t know how many shares Bezos got, but if he started investing so early, he would definitely gain a lot in the future, and it is estimated that the income could be hundreds of times.
…
After talking to Yu Dong on the phone, Jimmy first contacted Jeff Bezos, and then contacted Larry Page and Sergey Brin through Jeff Bezos. The two parties had an in-depth and friendly exchange.
and discussion.
Although the financing matter cannot be decided immediately, Jimmy has roughly understood Larry Page's psychological price through this exchange.
During this financing, many venture capital companies contacted them, among which KPCB and Sequoia Capital had the deepest contact. However, they have not reached a conclusion due to the issue of shares.
Larry Page's idea is simple: sell 9.7% of the company's shares and obtain at least US$35 million in financing.
But in the face of this condition, neither KPCB nor Sequoia Capital agreed. They believed that 9.7% of Google's shares were not worth so much money at all, and asked them to either give out more shares or collect less.
money.
It has been nearly a month since Sequoia Capital first contacted Page and the others, but Page and the others are still clinging to the $35 million figure.
In fact, Jimmy can see that US$35 million is not their bottom line, and it is not impossible to drop it further, to between US$2,000 and US$25 million.
But if Deep Space wants to win these 9.7% of the shares, it cannot spend time with Larry Page and others. It must make a quick decision without giving Sequoia Capital time to react.
So two days later, Deep Space Company went to Google's office with a financing plan.
In the financing plan that Jimmy brought, Deep Space Company was willing to raise a total of US$28 million to obtain 9.7% of Google's shares.
Seeing Jimmy's financing plan, Page was immediately confused.
Two days ago, when he heard Jeff Bezos say that Jimmy James, the boss of Deep Space, wanted to talk to him, he didn't think about financing at all. After all, the impression given by Deep Space was that it was not a company.
investment company.
They have indeed made several very good investments, such as Amazon and Flash Print, but the way Deep Space invests in these companies is different from venture capital.
Flash Print is the most obvious. Deep Space Company directly cooperated with Ingram to branch out the company, and it was also busy setting up factories and doing publicity.
Even after talking to Jimmy on the phone, Page didn't feel that Deep Space wanted to invest in them.
Although Jimmy asked about some financing matters on the phone, he spent most of the time talking about their company's plans, and Jimmy also enthusiastically shared with them Deep Space Company's next plans and layout in the network industry.
In Larry Page's view, the conversation between them the day before yesterday was more like a business exchange between company leaders.
But what he didn't expect was that less than two days later, Jimmy came to their company with a financing plan and offered very generous conditions.
You know, Sequoia Capital and KPCB are willing to give 22 million US dollars combined, which is 8 million US dollars behind Deep Space Company, and these 22 million US dollars are still from more than 10 million US dollars.
It has been ground up all the time.
Of course, Larry Page was not dazzled by this contract. After discussing it with his partner Sergey, he decided to ask Sequoia Capital again to see if he could make another bid.
But what they didn't expect was that Sequoia Capital didn't quite believe it, because in their opinion, the 10% of the shares was only worth 25 million US dollars at most, and if it was any more, the risk would be great.
.
Rigorous investment companies like Sequoia Capital are very rational when facing an investment. They believe in data. Unlike Deep Space, whether to invest or not depends solely on the mood of the boss.
Regarding what Page and others said, Sequoia Capital understood it as a means to raise the price, and told Page and others that the last mentioned price of 25 million US dollars was really no way to increase it.
…
In this blitzkrieg, deep space finally won the final victory.
In fact, when Deep Sky decided to enter the market, it was already doomed to win, because Jimmy had prepared 35 million US dollars for 10% of Google's shares this time. It was impossible for Sequoia Capital to compete with Deep Sky.
After all, they need to be responsible to their investors, but in Deep Space, Jimmy only needs to be responsible to himself and Yu Dong.
He doesn't even need to take responsibility for himself.
Once Yu Dong sees something, he has a strong decision to get it. If Deep Space does not come forward to raise funds this time, Jimmy doubts that Yu Dong will invest in Larry Page and the others out of his own pocket.
Yu Dong's current personal pocket must be able to draw 35 million US dollars, and it is very easy.
Chapter completed!