Chapter 499: Exchange Baidu's shares with me
Baidu’s biggest dream at the moment is to take over Yiting.com and then add new mp3 searches based on the engine. However, if you can’t get over Yiting.com, it will be too time-consuming and laborious to make your own mp3 search engine. After all, most users who are currently doing mp3 listening and downloading online gather on Yiting.com, and Yiting.com has done a very good job in meeting users’ vertical needs. Once users have the idea of listening to songs and downloading songs, they will directly open e-tip and will not click on Baidu.
Although Baidu in later generations occupied most of the market share in the domestic search engine market, they had no chance to get involved in some vertical fields, such as online shopping. When a user wants to buy a piece of clothing, he will subconsciously open Taobao and search for clothes directly on Taobao. Few people will use it. This is because Taobao has already gained users in this regard in online shopping, and Baidu has no competitiveness.
The same is true for music right now. Even if you launch your own mp3 search, because Li Mu started nearly a year earlier, it is difficult for them to catch up. The only good solution is to integrate Yiting.com.
Tan Yaocheng's mission today is to find a way to convince Li Mu to use various conditions to lure Li Mu to take advantage of Yiting.com's shares. However, he did not expect that Li Mu's nose was more flexible than a dog. As soon as Baidu heard about the rise of the mp3 market, Li Mu had already done industry analysis and competitor analysis.
I felt helpless, but Tan Yaocheng still had to grit his teeth and try to convince Li Mu: "You can only maintain Yiting.com now. It is difficult to have a chance to cash out quickly, but if you sell it to Baidu, you can cash out tens of millions or even over 100 million in a very short time. This is a real benefit."
Li Mu said: "Old Tan, where do you hear from? Who told you that I can only support Yiting.com? To be honest, I am not only not going to give up Yiting.com, but also preparing to take advantage of the current opportunity of the industry's rise."
As he said that, Li Mu took out the prototype of the mango mp3 player from his pocket. This was specially brought by him when he came to meet Tan Yaocheng today.
Li Mu handed the mangp3 player to Tan Yaocheng and said, "Look at this."
Tam Yaocheng asked in surprise: "Is this an MP3 player?"
Li Mu nodded.
Tan Yaocheng asked in confusion: "Why are you showing me this?"
Li Mu smiled and said, "Look at the back."
Tam Yaocheng turned over mangp3 curiously, looked carefully at the line of words behind him, and almost vomited blood on the spot.
“Yiting.com customized machine?”
Tan Yaocheng looked at Li Mu in amazement: "You have started playing with hardware?!"
Li Mu smiled slightly: "No, I just want to take advantage of the rise of the mp3 market and the great opportunity of the sales of mp3 players increasing significantly, and then add some popularity to Yiting.com.
Tan Yaocheng was shocked and couldn't help but say, "I really can't see through you. Should you customize this mp3 and sell it yourself?"
Li Mu said without comment: "The influence of hardware is very strong."
Tam Yaocheng carefully looked at the mp3 in his hand and said in surprise: "This player is very beautiful, much better than the ones on the market. Mango, which brand?"
Li Mu smiled slightly, and said with a slight expression: "My."
"What?" Tan Yaocheng's eyes were almost falling out: "Is this brand yours? What's the situation? You have created a hardware brand yourself?"
Li Mu didn't want to reveal his hardware layout, so he waved his hand and said, "This is all for Yiting.com. I have ordered 100,000 units of this machine from the OEM factory and will start selling it next month. At that time, Yiting.com's popularity will increase by another level."
Tan Yaocheng looked at Li Mu without any movement for a long time. After a long time, he sighed: "Brother, when are you going to be a search engine?"
Li Mu asked him: "What's wrong?"
Tan Yaocheng said with a sad face: "Now, except for search engines, you have not intervened, almost all of you have already dabbled in the rest of the world. You must leave us some way out!"
Li Mu said: "Don't worry, I have no interest in search engines."
Tam Yaocheng asked: "What about mp3? Are you really going to do this thankless thing with all your might? You must also know in your heart that you can basically make no money by searching for mp3, listening, and downloading..."
Li Mu smiled and said, "I am not short of money at the moment, so some projects do not require them to be profitable. Let's keep them first."
Tan Yaocheng was anxious and said, "I have been working together for so long, so you can give us some chances, right? mp3 is so important to us now. If you are not satisfied with my offer, we can discuss it in detail, which will always satisfy you."
Li Mu said: "Old Tan, it's really not suitable to always reject you. Let's make a suggestion. Next month, the mp3 customized by Yiting.com will arrive. At that time, we will estimate the price of Yiting.com again based on the sales of this batch of Yiting.com customized machines. But I don't want you to pay, you can use Baidu shares to replace it with me."
Tan Yaocheng hurriedly asked Li Mu: "If Baidu takes shares to replace all the Yiting.com shares in your hands, would you like?"
"I'm willing, one hundred willing." Li Mu smiled and said, "As long as you give me a suggestion that satisfies me, I will definitely not refuse."
Tan Yaoxing Ke said: "Then I will discuss with Mr. Li tonight and let him give you a replacement plan as soon as possible."
Li Mu said: "Don't worry, after the customized mp3 I have been online, you can come up with a plan for me."
Seeing Li Mu's smart and calculating look, Tan Yao had to nod and asked Li Mu: "What channel do you plan to use to sell these mp3 players? The most test of hardware sales should be the sales channel."
Li Mu saw some doubts about Tan Yaocheng and nodded, "We have found a new channel for sale."
Tam Yaocheng continued: "Is the new channel? Is it competitive compared to those old brands with complete channels?"
Li Mu smiled mysteriously: "It is not certain whether it can be successful or not at the moment, so we can only look at the actual situation."
Li Mu can probably guess some of the current situation in Baidu. With the increasing number of netizens and the deeper understanding of the Internet, search engines have begun to become an indispensable part of most users' Internet access. Baidu's current trend is definitely becoming clearer and clearer, but for them, it is clearer but not even more clear, but there is no breakthrough. If Yiting.com's mp3 business can be integrated at present, it will be too great to promote Baidu.
Li Mu was not originally planning to take advantage of Yiting.com shares too early, because he had considered selling it to Baidu little by little and exchanging it for money, so it took three years to cash out a little by little so that the shares in his hands can be sold at a good price overall. However, if Baidu is willing to exchange Yiting.com for its shares, why not do it?
The future of Yiting.com is like a child with congenital defects. Its development prospects are incomparable to Baidu's development prospects. However, while Baidu is not that powerful yet, while Baidu's demand for Yiting.com has even reached a thirsty level, it will replace Yiting.com with a certain proportion of Baidu shares as soon as possible. Not only do I don't have to worry about Yiting.com's future affairs, I also become a shareholder of Baidu. When Baidu is listed on the Nasdaq in the future, this is another huge wealth.
How many shares of Yiting.com can replace Baidu, or how many shares of Baidu is willing to replace Yiting.com, it depends entirely on what height Yiting.com can reach next. If Yiting.com's customized mangp3 is extremely successful, then Yiting.com's value will be higher. Li Mu estimated that at least 66% of Yiting.com shares in his hand will be replaced by at least 66% of Baidu's shares. Baidu's valuation is not very high now, and this replacement ratio can be said to be relatively real. If Baidu's demand for Yiting.com is more urgent at that time, he will probably be willing to sacrifice more.
...
In a four-star hotel in Zhongguancun, Yanjing, Liu Xuebin, the former deputy director of the Tengxun QQ business unit, had just finished the whole day of meeting with Xin·Lang and dragged his slightly tired body back to the hotel. Liu Xuebin began to report the negotiation progress of today's day to the former Tengxun employees in the group. "The situation on Xin·Lang is that they have developed a 10 product, but because of the emergence of Makino Technology yy, they decided to redevelop a 20 version and then go online. Otherwise, the 10 product would have no competitiveness in front of YY, so after we came over, we directly merged with their original development team to develop a new version together."
Everyone has basically guessed the situation facing Xinlang for instant messaging. It must have been affected by yy, so they are preparing to form a large team to redevelop. The question that everyone is concerned about is what kind of treatment they can get, so they asked in the group.
Liu Xuebin said: "As for the salary issue, they are willing to give a coefficient of 13. Everyone has a stable bank statement within half a year, and what is the actual salary after tax, and after joining Xinlang, they can get 13 times after tax."
As soon as this salary and benefits were issued, it immediately caused a sensation in the group.
It’s not easy for everyone to live now. Not to mention taking the previous 13 times, it’s very difficult to get the previous 80% of the previous ones. So this treatment almost instantly captured the hearts of a large number of people. When they saw these treatments, their hearts had already flown to Yanjing.
Liu Xuebin also said: "I also fought for a settlement fee with Xin Lang. After everyone signs a contract, they can get a one-month salary settlement fee, which is used for everyone's travel expenses and renting houses from Shenzhen Stock Exchange to Yanjing."
The group was completely exploded. For many people, this was a transition from hell to heaven. A large number of people in the group were so excited that they were asking when they would sign a contract with Xinlang.
Some people who were a little more rational thought about Makino Technology and asked Liu Xuebin: "Mr. Liu, have you talked to Makino Technology? What kind of treatment can they give?"
Liu Xuebin said: "I made an appointment with them to meet tomorrow afternoon. Let's talk about it in detail then."
Chapter completed!