Chapter 132 Changing the Surname to Lin

Lin Lang shook hands with Li Yanhong and said, "Then I wish us a happy cooperation in advance!"

Li Yanhong said excitedly: "Thank you, Director Lin, for your appreciation!"

"I have no way of repaying your kindness. I will devote myself to the development of Baidu search engine and prove with my strength that Mr. Lin's vision is correct!"

Chu Yiren, who was standing aside, said in surprise: "No way, Alang?"

Lin Lang looked at the beautiful Chu Yiren, and then asked, "What's wrong, dear?"

Li Yanhong was secretly shocked after hearing this. He didn't expect that Lin Lang, the financier of the venture capital acquisition of Baidu, was actually the boyfriend of Chu Yiren, a female tycoon worth hundreds of billions.

Chu Yiren held the red wine glass elegantly, frowned slightly and replied: "You have not even done market research or actual inspection of Baidu, but you are ready to spend 65 million to acquire % of Baidu's shares. This kind of venture capital method of stupid people with a lot of money is too casual, isn't it?"

After hearing this, Lin Lang replied proudly: "Don't worry, dear!"

"I am very good at judging people. Mr. Li is a technology talent. Venture capitalist Mr. Li helped him realize his dream of starting Baidu. I am a hero who appreciates heroes."

Li Yanhong felt warm at heart after hearing this, and said in awe: "Thank you, Mr. Lin, for your appreciation! I will definitely live up to Mr. Lin's expectations and make Baidu the pride of Chinese search engines as soon as possible!"

Chu Yiren smiled affectionately and said, "My dear, since you have made up your mind, then you can go ahead and invest in Baidu."

Lin Lang said: "Mr. Li, let me formally introduce you. This is Chu Yiren, the chairman of the Truman Group, and also my girlfriend."

Li Yanhong hurriedly greeted him respectfully, "I have long heard of Mr. Chu's great name! I have long heard of you!"

Chu Yiren replied politely, "Nice to meet you!"

Li Yanhong greeted, "I never thought that our Director Lin and Director Chu are in a boyfriend-girlfriend relationship. They are simply a perfect match made in heaven!"

Chu Yiren smiled slightly.

Lin Lang patted Li Yanhong on the side of his shoulder and said admiringly: "Mr. Li will continue to serve as the CEO of Baidu. The company's management rights and the development rights of Baidu's search engine will still be decided by you."

"Thank you, Mr. Lin, for your trust. I will do my best!" Li Yanhong smiled from ear to ear.

Lin Lang continued, "I am only the chairman in name only as the largest shareholder of Baidu, and also the technical guidance director of Baidu's development department. I provide some rational suggestions and innovative guidance for the company's development direction and software development."

Li Yanhong exclaimed, "Mr. Lin, you also know software development?"

Lin Lang replied in a catchphrase: "I am not very talented, but I know a little bit about everything. Although I only know a little bit, it is enough to provide some functional innovation guidance for the development of Baidu search engine."

Li Yanhong smiled and replied: "Mr. Lin has such talent, Baidu is very happy to have him!"

Lin Lang looked at Chu Yiren and said, "Dear, please borrow your Truman Group's legal team to draft a business contract for me for the venture capital to acquire Baidu."

After hearing this, Chu Yiren replied, "Okay!"

Then, Chu Yiren took out her cell phone from her limited edition Hermès handbag and made a call.

Lin Lang said to Li Yanhong: "Mr. Li, let's move to the meeting room of the Truman Hotel to discuss the details of drafting the investment agreement."

"Okay, Mr. Lin!" Li Yanhong smiled.

The professional legal team of the Truman Group came forward to draft the contract for investment and acquisition of Baidu and guided Lin Lang and Li Yanhong in signing the agreement. Everything went very smoothly.

The investment and acquisition agreement stipulates that the investor (Party A) Lin Lang needs to transfer 3 million Chinese yuan to the account of Kyoto Baidu Netcom Technology Co., Ltd. within 5000 working days after the signing of the contract.

Previously, Lin Lang used the 7970 million Chinese Yuan in his futures account to pay off the 5520 million Chinese Yuan for the acquisition of Penguin Company in two installments. Now the balance in his futures account is 2450 million Chinese Yuan.

The bank mortgaged three buildings of Binjiang Haoge Real Estate for 3000 million Chinese yuan.

Linlang Venture Capital has just enough funds to acquire Baidu.

Of course, Lin Lang had three days to use 5450 million yuan of capital to speculate in the futures market with the help of the universal prompt system, and he could easily make or million yuan in short-term operations.

After the venture capital acquisition contract is signed.

Li Yanhong took the initiative to shake hands with Lin Lang and said very respectfully: "The future development of Baidu will all rely on the strong support of Director Lin!"

Lin Lang held Li Yanhong's hand tightly and replied politely: "From now on, the responsibility of Baidu's development and promotion will all be in your hands, Mr. Li!"

Li Yanhong said excitedly: "It's my job, please rest assured, Mr. Lin! I will go all out to develop the Baidu search engine successfully and devote myself to the work so that Mr. Lin can get a return on his investment as soon as possible."

Then, Lin Lang thanked the staff of Truman Group’s legal department.

After the Truman Hotel conference room was cleared, only Lin Lang and Li Yanhong were left.

Lin Lang pretended to be profound and said: "Mr. Li, please sit down. Let's talk about Baidu's entrepreneurship now. I will help you open up your Ren and Du meridians and give you a sudden enlightenment."

Li Yanhong respectfully lit a cigarette for Lin Lang and said with a smile, "Mr. Lin, you are really humorous. I am all ears for your advice!"

Lin Lang took a puff of his cigarette and replied, "Then let's start talking about some business plans for Baidu's startup and guidance on the functional innovation of Baidu's search engine."

"Mr. Li, can you first tell me to what extent your technical team has developed and applied the Baidu search engine?"

Li Yanhong replied truthfully: "Because the search portal of Xiaguo is firmly controlled by the three major portals, Sina, NetEase, and Sohu, after we were founded, Baidu did not make a search engine directly facing users like Google, but chose to provide search technology for portal websites."

"At present, Baidu has only been established for half a year, and it has become the number one website search technology service provider in Xiaguo."

"However, when I thought Baidu had established a firm foothold, the Internet bubble burst this year, and countless Internet companies went bankrupt. Websites such as Sina, NetEase, and Sohu were also forced to cut spending and terminated their cooperation with Baidu one after another."

"At present, our Baidu customers are almost gone, and they are about to collapse in this Internet bubble."

"That's why I decided to sell off 65% of Baidu's shares in exchange for 5000 million venture capital from Mr. Lin, so that I could transform Baidu into an independent search engine website for end users."

After hearing this, Lin Lang exhaled smoke and said, "This is what they call "no destruction, no construction, destruction before construction, good times after bad times."

"Although Google was founded a year earlier than Baidu and has become the first choice for domestic netizens, Baidu still has a large market share."

"To put it bluntly, whoever controls the search portal is equivalent to controlling the PC era. Mr. Li, do you agree with my point of view?"

Lin Lang is ten years younger than Li Yanhong, but he is more powerful than the older Li Yanhong in terms of style.

"I agree." Li Yanhong nodded.

Lin Lang continued, "Currently, our only competitor at Baidu is Google, but the Americans are very arrogant in running Google, thinking that Xiaguo is a small market and they have no idea about the search needs of Xiaguo users."

"Even Google didn't even consider the search needs of Xia Country's billion-plus population. It's bound to fail and will withdraw from the Xia Country market sooner or later."

Li Yanhong was shocked and said, "Mr. Lin, you actually predicted that Google might withdraw from the Xiaguo market in the future?"

Lin Lang flicked the ash off his cigarette and confidently asserted, "It's 100 percent certain, and within ten years, Google will definitely withdraw from the Xiaguo market."

Li Yanhong's eyes lit up after hearing this, and he rubbed his hands eagerly and said, "If Google really withdraws from the Xiaguo market, then Baidu's chance to take the lead will come!"

Lin Lang said, "Mr. Li, don't be too happy too soon. After all, Baidu is taking advantage of Google by creating an independent search engine website for end users."

"You have to withstand the pressure, dig deep, research and develop, break through and innovate in algorithms and search technologies, constantly understand user needs, and fight Google to the death with all your strength."

Li Yanhong patted his chest and replied: "I am absolutely not afraid of technology, I will just do it!"

After hearing this, Lin Lang smiled and said, "Mr. Li is a technical talent who returned from Silicon Valley. I absolutely believe in your abilities."

Why does Lin Lang trust Li Yanhong so much?

Facing a strong rival like Google, Li Yanhong launched the "Lightning Plan" in a last-ditch effort. He personally led a technical team of only 15 people to compete with Google's R&D team of 800 people, and ultimately won.

It only took Li Yanhong nine months for Baidu to surpass Google in terms of page response speed, content update frequency, and Chinese search experience.

Then, Lin Lang pretended to be profound and said: "Mr. Li, now I am going to start hammering at the blackboard and tell you the key points."

"Director Lin, please go ahead and talk. I'm all ears."

Lin Lang said: "All the search engines currently on the market, including Google and Yahoo, are rubbish. The search engine services they are providing are just web search engine network tools with too few functions."

"Search engines on the market don't have functions like image search and MP3 music search."

"We, Baidu, have launched an independent search engine website for end users. We need to innovate in search functions, provide users with a better experience, and surpass search engines such as Google and Yahoo."

Li Yanhong's eyes lit up after hearing this, and he asked hurriedly, "Director Lin, how can we innovate Baidu's search function?"

Lin Lang replied ambitiously: "In addition to the regular web search function, our Baidu search engine will also launch image search, news search, video search, music search and other functional categories. Once launched, it will be a king bomb and kill other search engines instantly."

(The search functions proposed by Lin Lang had not yet been launched that year.)

(Google launched the image search function in 2001. It was not the direct image search that we have now, but the search results that displayed images.)

After hearing this, Li Yanhong slapped his thigh, stood up from his chair, and said in shock: "Director Lin, you really woke me up with your words!"

"I'm suddenly enlightened now!"

"After Director Lin's guidance, our Baidu search engine suddenly has a research and development direction!"

"For the Baidu R&D team I lead, it is actually not difficult to develop classification functions such as image search, news search, video search, and music search."

"The difficulty is that we never thought of launching this kind of independent search classification function on traditional search engines."

Lin Lang crossed his legs and said with smoke blowing out of his mouth: "As long as our Baidu search engine launches the above classification function when it is officially launched, it will be loved and praised by the majority of netizens because of its far-leading technology."

"By then, Baidu will be stronger than Google, Yahoo and other search engines, with a surge in registered users, and will take over the market share of Chinese search engines in one fell swoop."

Li Yanhong, unable to conceal his excitement, said with great respect: "Director Lin is indeed not an ordinary person!"

"With Chairman Lin investing and contributing to guide the direction of Baidu, it is only a matter of time before Baidu becomes the world's number one Chinese search engine."

"How did you come up with these advanced ideas, Mr. Lin?"