Rebirth in a Perfect Era Chapter 1483: Different philosophy between East and West
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For capital, sufficient concepts and prospects are equivalent to sufficient value. Li Mu has experienced a golden period of more than ten years in the rapid development of the internet industry, and has a very deep understanding of this truth.
It is based on this understanding that he knows how to create a win-win situation in front of the capitalists, whether it is a win-win situation or a triple-win situation, as long as the pattern of the trader is large enough, the vision is far enough, and the control is reliable. achieve.
The concept that Li Mu gave to Google is: In addition to the world ’s largest search engine and non-Chinese search engine, it is the undisputed No.1 in any language field, and there is no opponent under the world, the only one capable of defeating Its Muye Science and Technology has also become its Godfather, with Muye Science and Technology as a backing, no matter whether it is Microsoft, Yahoo or any other enterprise, it is impossible to pose a threat to the status of Google, Google will become an invincible body in the field of search engines ;
The concept of Li Mu for Baidu is: the world ’s largest Chinese search engine, also backed by Muye Science and Technology, even Google is unlikely to have a substantial impact on its core business, it will be dichotomy with Google, and in Under the coordination of Muye Science and Technology, it will coexist peacefully, which will ensure its position in the Chinese search engine. Compared with the previous, the prospects are now very good, and it has a flat share of Google3.33%, which is an improvement in its own market value. A huge addition, it seems that Baidu although may lose the overseas market in the future, but the capital market has not expected it to **** the overseas market resources from Google. From the perspective of the capital market, Baidu can hold the Chinese search market, Already the biggest success;
The concept left by Li Mu is: Muye Science and Technology has become the shareholder of the two largest search engines in the world, and the dividends of the search engine market have been locked in advance. Google and Baidu will be replaced in the next ten or twenty years. Muye Science and Technology makes money, and Li Mu has not paid any substantial price for this. He just sent his own search needs to Google and Baidu, which is not a loss of resources, but resources for Li Mu. In-depth development;
Three different companies, three completely different but not in conflict with each other, and can form a complementary concept, which has laid the foundation for the three companies to form a win-win situation in the capital market, which is hugely attractive to capital.
Soon, the capital market conducted an in-depth analysis of Google ’s merger and acquisition of Muye & Baidu. Their outlook on Google is almost the same as that of Li Mu, and even more optimistic than Li Mu. They believe that the valuation of Google is in By the end of the year, it will be able to reach the high level of 20 billion USD, and it will double in the following year, followed by an IPO without any resistance.
And they are more optimistic about the prospects of Muye Science and Technology, because Li Mu's current "godfather" status has begun to stand out globally.
Muye Science and Technology owns shares of two search engines, Baidu and Google, and chokes traffic and viscosity users at the source. Even if Muye Science and Technology does not engage in any search engine business in the future, this bonus has been steadily taken into the mouth. Based on the capital market's estimation of the prospect of the search engine market, in the future Muye Science and Technology will rely on this part of the shares, it is possible to create a market value of 100 billion USD.
Thinking about it is terrible.
If you do n’t talk about the business you own, the business you own own shares has the potential of 100 billion USD market value. A company like Muye Science and Technology is already a super giant in the internet industry.
Because of this understanding, the capital market ’s valuation of Muye Science and Technology has exceeded 100 billion USD. If Muye Science and Technology decides to conduct a new round of financing now, the capital can be at least 12 million USD, If Li Mu has the plan to conduct an IPO next year, as long as it is announced, capital will definitely give a higher premium in order to catch up with the last chance, and 150 billion USD is not a problem.
Rather than being pitted by Li Mu, the valuation of Google has fallen within the five billion range, and it may continue to decline in the future;
Being pitted by Li Mu, the valuation of Google can not only return to more than 10 billion, but may also exceed 40 billion next year. This huge contrast has given great incentives to those who work and technology.
The capitalists ’renewed optimism about the prospects of Google has made these doers and technology homes suddenly realize that capital operation is not an addition in their minds, but a multiplication such as Li Mu, which originally looks like Google has suffered a big loss Thing, because Li Mu's trades, so that after it is really placed in the capital market, Google has obtained great benefits!
Google's "lucky experience" has caused many companies to look forward to it, looking forward to joining the Li Mu's ecosystem and becoming the next Google by sacrificing some equity.
Following YY's raptor crossing the river log in America, Paradise Town and Plants War Zombie(s) is sweeping the world like a storm, YYtunes allows global music lovers to integrate, and Apple is included in Muye Science and Technology, Li Mu Once again shocked the entire Silicon Valley and Wall Street.
This time, Li Mu used the conspiracy left by the China ancestors to stage an unparalleled operation of capitalism on Silicon Valley and Wall Street.
The capital market listens to more routine operations such as acquisitions, mergers and acquisitions, investments, shareholdings, splits, mergers, etc., as well as unconventional operations such as monopolies, malicious competition, and malicious mergers and acquisitions. "Malicious mergers and acquisitions" incidents have rarely occurred in world capital markets.
Li Mu finally allowed Google to accept the acquisition of Muye & Baidu.Inc at a huge price. In fact, it was a successful textbook-level "malicious merger" case.
The reports of Silicon Valley and Wall Street about this merger covered almost all front-page headlines, but everyone ’s views have serious two sides. One side feels that Li Mu's operation is unparalleled and impeccable, and it can even be written as a classic case in finance. In the field of textbooks, the other party feels that the operation of Li Mu is really a bad precedent for the capital market. In the future, such "malicious mergers and acquisitions" may emerge in endlessly.
However, a report in the Wall Street Journal analyzes the practice of Li Mu's from another angle. The author of this report is named Rui-Liu. It seems to be a Chinese or Chinese descendant. Comment on Li Mu's "Maliciously Acquired":
"Westerners have their own set of philosophy of life, the same is true of the Orientals, the two cultures are very different, it is destined that it is difficult for Westerners to learn the strategies of Orientals, and it is difficult for Orientals to learn the logic of Westerners. The Orientals, especially the China people, from the generation of the ancestors, have paid attention to everything and then moved. This makes the China people's routines for doing things much more complicated than the Westerners. In the eyes of the Westerners, there are only one or two solutions The matter of the plan, in China, there will be many kinds of solutions because of the strategy. "
"The most representative of these is the debt solution. In the West, there are basically only two kinds of debt solutions, either to pay or not to pay. In the eyes of Westerners, there is no such thing. There are three kinds of solutions, but in China, there are countless solutions for this kind of thing. For example, Li Mu's "malicious acquisition" of Google is not common in the West, but in China, especially in China private, such Cases happen almost every day. "
Rui-Liu gave an example to Western readers in the article: "Assume that A and B are business partners, and A owes B 500,000 yuan, but the two parties still have cooperation, and the amount of cooperation and the production When the profit is much greater than 500,000, B ’s demand for 500,000 debts will become weak and lack of confidence. Unlike Westerners who do business, all accounts are sorted out clearly, and one code is one code; "
"Aalthough does not directly rely on these 500,000 debts, but he will work hard to come up with a solution that is more suitable for him. At this time, he thinks that he has exactly an Audi A6L that has been driving for five years. When the car was purchased at China five years ago, it was exactly half a million, but the current market price is at most 200,000, so he said to B: Sorry, I have a little tightness recently, and the debt of 500,000 is not temporarily It ’s convenient for you, but my A6L came from 500,000. If you drive this car away, we will clear the bill. ”
"A really meant to be released to B. In fact, you either accepted this car to offset 500,000 debts, or waited indefinitely, maybe 500,000 won't even get a point. Such The solution is incomprehensible and unacceptable in the eyes of Westerners, but in China, most people like B will choose to accept this seemingly inappropriate sale, because for them, it is not hurtful. At the same time, the best solution to recover losses as much as possible; "
"So, the ultimate practical solution to this debt is: A gave B a car worth up to 200,000 yuan, offsetting his and B ’s 500,000 debts. It looks like A is very shameless. , But it is undeniable that this is indeed a legal transaction you like and I wish. From this point of view, A is successful. He succeeded in legally resolving 500,000 debts with the actual value of 200,000, which is China common "malicious mergers and acquisitions" among the common people. "
This article caused a lot of repercussions on Silicon Valley and Wall Street. Many people are discussing the cases mentioned in the article, discussing this East-style strategy, and using it as a measure of Li Mu's "malicious acquisition" Standards, many people were surprised to find that Li Mu ’s method of selling Muye & Baidu to Google has a very big similarity to the car-to-debt mentioned by Rui-Liu in the article. Use tricks instead of violence to let the other party willingly accept a clearly unreasonable and unfair cooperation.
But there is a passage in Rui-Liu ’s article that Western elites recognize very well. He said: “In fact, any commercial transaction is strictly unfair. The actual material cost of a bottle of Coca-Cola may be only a few dollars. Is it fair to sell in the United States for almost USD, a gap of dozens of times, is it fair? Is it fair for middlemen to buy a certain product from the supplier at the price of 1USD and then sell it to users at the price of USD? "
"Since Coca-Cola can sell half a gallon of water and white sugar and other additives to three USD, why can't Li Mu sell a company worth 10 million USD to billions of USD?"