Chapter 97: Who is investing in whom?
Zhang Ke had some surprises. He didn't expect Chen Xiao to take the initiative in the negotiation.
He said, "Please speak."
Chen Xiao asked, "What does Minister Zhang think the valuation of the 11181 website is?"
I didn't expect Chen Xiao to ask such a question.
Baidu has really conducted a preliminary assessment of the 11181 website and the Changtian Technology Company established by Chen Xiao.
At the time of evaluation, there were some surprises inside the whiteness.
Changtian Technology not only has 11181 website, but also laser Internet cafe management system.
These two things are actually complementary.
There is a free download link of the Laser Internet Cafe Management System on the 11181 website, and as long as you install the Laser Internet Cafe Management System, your web page will be automatically locked on the 11181 website.
At present, the provinces and cities around Jiangcheng are using the laser Internet cafe management system, and the 11181 website has a wider market share.
Especially the laser Internet cafe management system, the design concept is very advanced, and because it is free to download and use, there is almost no rival when it appears in the market.
At present, there is no Internet cafe management software of the same type on the market.
According to this trend, in less than two or three years, Internet cafes in most cities across the country should use this management system, and the web pages of these Internet cafes will also be locked at 11181.
The internal valuation of the 11181 website by Baidu is more than ten million yuan.
But Zhang Ke must not be able to tell the truth.
Otherwise, it would be bad for Chen Xiao to sell the sky for a while.
Zhang Ke said: "If this development trend continues, the valuation should be above one million."
The staff of the Cultural Affairs Bureau mixed water for everyone in the conference room.
Listening to the millions of people on both sides opened their mouths and closed their mouths, I couldn't help swallowing.
How old is Chen Xiaocai?
Only seventeen or eighteen years old.
Just get a website, can it be worth millions?
Want to be so godlike?
The staff member shed painful and difficult tears thinking about his salary of more than 500 yuan a month.
Human happiness comes from comparison.
The same human suffering comes from comparison.
The staff felt that compared with Chen Xiao, their whole life was in vain.
Whether it was one million or ten million, Chen Xiao did not argue with Zhang Ke.
After all, valuation is just valuation. The actual market value of some companies after a few years is much higher than the valuation, and some companies are also broken after the high valuation.
Chen Xiao said: "Since President Zhang's valuation of the 11181 website is more than one million, can we cooperate by exchanging shares?"
Chen Xiao said: "I can give up 20% of the shares of 11181. At the same time, I want to exchange 5% of the shares of Baidu."
Chen Xiao Window wants a 5% stake in Whiteness, and Whiteness will definitely not agree.
But business is always something to talk about.
Chen Xiao said this just to provide a cooperative idea.
Chen Xiao's bottom line is 1% or 2% of the equity, because exchanging the 11181 website for the 2% equity of Baidu is a waste of money for Chen Xiao, just money without any risk.
"I think this way of cooperation can unite the two companies more closely, and we can cooperate better, rather than a simple buyer-seller relationship."
Chen Xiao took out a set of data, which is the current daily traffic data of the 11181 website.
"At present, the 11181 website has about 800,000 IPs and 3.2 million pv every day. Such data is still growing every day. It is expected that the number of IPs accessed every day should reach more than 1 million this year."
"If our homepage customizes a whiteness search engine, I think it will be of great help to Baidu's promotion."
The 11181 website is just a portal.
Its life cycle is more than 10 years at most.
In the future, there will be more and more similar navigation sites, and the competition will become more and more fierce.
Therefore, it is the most correct way to sell at a good price at the right time.
Now it is quite cost-effective for Chen Xiao to exchange 10% of the shares of the website for 1% or 2% of the shares of Baidu.
Because in 2005, Baidu will be listed on the Nasdaq, and the market value of the day will reach 4 billion US dollars.
A 1% stake is $40 million.
If Chen Xiao is willing to put the shares of Baidu again, put it in 2010.
At that time, the market value of Baidu was 38 billion US dollars, and a 1% stake was 380 million US dollars.
Chen Xiao did this to leave a way out for himself.
In case your own system fails, or you encounter some difficulties in the process of starting a business, there will be at least hundreds of millions of meters of knives to squander after 10 years.
Obviously, the current Baidu has no idea what he will look like in 10 years, and he is still struggling with his second round of investment and the current Internet bubble.
Zhang Ke was a little stunned, but he didn't expect that Chen Xiao actually proposed this kind of cooperation.
Swap shares?
It is not impossible to do so.
But this plan is not in Zhang Ke's plan.
Moreover, the 5% stake proposed by the effect made Baidu feel some pain.
However, this kind of cooperation seems to be feasible.
Zhang Ke does not have the right to decide now.
But Zhang Ke is already heartbroken now.
Because what the whiteness lacks most now is funds.
If we cooperate in the form of equity swap, Baidu not only does not spend a penny, but can also get the full support of the 11181 website, it must be a sure-fire business!
Zhang Ke thought for a while and said, "I don't have the right to decide this kind of cooperation. I still need the head office to report."
Zhang Ke looked at Chen Xiao, unbelievable that a seventeen- or eighteen-year-old child could propose this kind of cooperation.
In fact, Chen Xiao has a second way of cooperation.
That is the mutual gambling agreement. Assuming how much market coverage the 11181 website helps Baidu achieve, then Chen Xiao will automatically get as many shares of Baidu. On the contrary, if this goal is not achieved, then Baidu will obtain the corresponding proportion of 11181 Site shares.
However, Chen Xiao felt that if he proposed such a cooperation method, the possibility of Bai Du accepting it was lower than the first method, so Chen Xiao did not mention it.
The two sides have discussed the specific details of the cooperation. UU Reading
Zhang Ke's assistant kept typing on the laptop, recording the content of this conversation.
After the meeting is over, Zhang Ke will immediately report the current situation to the company, hoping that the company can make a decision as soon as possible.
Chen Xiao and Zhang Ke exchanged phone numbers, and after agreeing to make a phone call, they left the Cultural Affairs Bureau.
After returning home, Chen Xiao breathed a sigh of relief.
He was a little fortunate that he had chosen the right technology points.
Around 2000, it was indeed easier to get the original capital to do the Internet than to do the physical.
Chen Xiao has already done all the things that need to be done, and the rest is the choice of time.
And Zhou Quan is regretting his choice.
The Fukang car parked in the alley was smashed to shreds at some point, and even the wheels of the car were dismantled and did not know where it went.
On the road of this era, there is not so much monitoring.
Even if Zhou Quan went to report to the police, most of the things like this would end in vain.
Very depressed Zhou Quan walked home.
Suddenly he felt dark in front of him, and a sackcloth was covering his head.
"Who!?" Zhou Quan asked nervously.
Before he could finish speaking, he felt a pain in his back.
The stick hit himself.
"Oh! Don't fight, don't fight!"
In addition to the pain, it was still painful, Zhou Quan screamed loudly, but no one paid attention.
I don't know how long it took, Zhou Quan, who was covered in blood, woke up from the coma.
In the alley, except for the garbage and filth all over the floor, there is nothing...
Yanjing Baidu Headquarters.
Li Yanhong looked at the email sent by Zhang Ke and fell into deep thought.