Vol 4 Chapter 48: No one is a saint

Yahoo's board of directors is more solemn this time.

But, 6 billion US dollars, right? That's not a problem. This is still a good deal. It was approved by a unanimous vote after almost no discussion for long, justdoit!

However, for negotiation consideration, Terry Semel came to Google again, three days later.

When he saw that it was Brin who came out to receive them this time, he was happy and worried.

The good news is that the co-founder came out. Will it pass this time?

The worry is that if another person is changed, the offer will not be raised again!

Seeing the group of Yahoo! Brin looked extremely happy and hugged Terry very warmly. "It's nice to meet you Mr. Terry. I'm really happy, you know, since we started our business, I have been looking forward to cooperating with Yahoo,"

Maybe it's because I'm thinking about it, so it should go smoothly? Seeing Brin's enthusiasm really doesn't look like a fake, Terry Semel thought.

However, without saying a few words, Yahoo unfortunately proved Murphy's law again, "I'm sorry Mr. Terry," Brin said with a very sorry, rather sad expression, "After several more urgent consultations and After repeated discussions, our board of directors felt that 10 billion US dollars is the most appropriate price point."

Seeing the frowning Terry Semel and the dumbfounded Yahoo group, Brin was so happy that he screamed, feeling that the whole person was much easier from the inside out.

Terry Semel stood up angrily, "I can't feel the sincerity of Google at all,"

"We are really sincere, you must know this," Brin said sincerely again.

The extremes of things must be reversed, pretending to be extreme, it is true that it is the same.

…………

This time, Yahoo’s board of directors has really been open for several days. There are two main points of contention. First, is Google really sincere? Second, is Google worth the price?

As the initiator, Terry Semel firmly believes that we should continue to talk to Google.

"It shouldn't be a problem whether Google is worth this price or not. When we decided to launch this plan before, we determined the psychological price of 10 billion US dollars."

"As for whether he is really sincere, I think that as long as there is a little hope, we should put in 100% effort. Facts have proved that our prediction of future trends is completely correct."

"Our mission at Yahoo is to always help people get the most and most desired information in the most convenient way. To achieve this goal, there are three conditions. One is comprehensive: the information is very rich; second, the world can find Useful information; three, brand: let the netizens all over the world know Yahoo!"

"These are very correct predictions. However, in the choice of roads, we are biased, focusing too much on manual content and ignoring technology-driven content."

"The result now is that we have more and more content, but it is always inferior to technology-driven content,"

At the beginning, Yahoo was not actually a portal site, but a content search site in essence, and the pages were more similar to later professional search sites.

But as we walked along, Yahoo felt that relying on search meant that "the content is still someone else’s." To stay on top, you must master the content yourself, so it moved quickly and turned towards portals and media companies.

Originally, this is not a problem. If content and search are both grasped and both are hard, Yahoo should always maintain its dominant position as an Internet company.

The problem is that when Yahoo decided to switch to content, they basically gave up on further research and development of search technology, and then simply abandoned this one.

At least, Yahoo has only 6 employees in charge of search business!

Now they have finally realized this problem, so, the best way is naturally to acquire an existing search company. Among the current search companies, Google, which is the top search company in the search field, is naturally Yahoo! Acquisition target.

The boss of a company in the Internet field is just so majestic. If it wants to acquire, it is also the strongest acquisition.

"After so many years of hard work, we have been ahead of all Internet companies in terms of content. What we lack now is how to let users quickly find what they need from our content, that is, search technology. I have to admit that Google is now the most successful company in this field."

"From the perspective of the company's strategic development, I hope that our most content can match the best search company, so that we can better leverage our advantages."

"Of course, we are not without other alternatives, but if we want other companies to have Google's help to us so much, we must at least acquire two or more companies. Maybe we will spend less money on acquisitions. Some, but integration is another big issue,"

"We have worked with Google for a long time, and we know this company very well. To be fair, this is a very promising company. Their team is also a very outstanding team. From an investment perspective, I also I feel that if I can invest in Google, it is also a very good choice."

"To sum up, shareholders, I still insist on launching an acquisition of Google," Terry Semel concluded his submission.

Looking at the discussion of shareholders, he insisted that his decision must be very correct, and it is a decision that is very beneficial to Yahoo.

What he worries now is whether Google has the sincerity to be acquired?

In fact, he probably had a judgment in his mind. From the quotation, it can be seen that the first time it was 3 billion, the second time was 6 billion, and this time it was 10 billion. This style is not in harmony with Google’s rigorous style. .

Next time they go, will they increase their offer significantly again?

However, just like what he said just now, as long as there is a one percent chance, it is worth the 100 percent effort. What if an agreement is reached?

…………

Although what Terry Semel said is very reasonable, it is not a trivial matter to buy a company at a price close to one-third of the current Yahoo’s market value. It is really necessary to make such a decision, and shareholder consent is only the first Step, there is too much work to be done in the follow-up, for example, how to pay?

Yahoo now naturally does not have so much cash. It must be cash plus equity. Therefore, the design of the payment plan is very laborious.

Therefore, Yahoo did not reply to Google after a long time interval.

It doesn’t matter what Yahoo is busy with. Page, who hasn’t played yet, became nervous, “Did our last offer be too high?”

This is the third time he has asked Feng Yiping this question. It turns out that a guy like him with a determined mind also has times when he is not calm.

"Don't worry, definitely not," Feng Yiping comforted him, "We are absolutely worth the price now. What they are worried about should be the 10 billion yuan. Is it our final offer?"

But Peppa was still not sure after listening.

So, when Terry Semel came to Google for the fourth time, he felt very sincere enthusiasm for the first time. He could be called the well-dressed Page. When he saw them finally appeared, it was really like The same as seeing relatives.

Is it possible that this time is really okay?

"Page, this is our payment plan based on your company's final quotation. For this acquisition, we decided to pay part of the cash and pay the other part with Yahoo stocks. We hope to get feedback as soon as possible. "

Terry Semel hopefully handed the payment plan he made to Page. For this plan, the relevant departments of the company have been working overtime recently.

However, Peppa's actions caused his heart to sink. After Peppa took the plan that condensed a lot of his hard work, Peppa placed it on the conference table at will, without even having the will to open it.

Looking at Peppa’s face, he showed an absolutely heartfelt smile. He is still talking. Terry Semel’s heart sinks step by step. Such an expression and such a routine, he is not See you for the first time.

The gloomy breath that had been in my heart for many years finally had a chance to express it. In Peppa's heart, he was singing with joy. He was so excited that he stuttered, "I'm very sorry..."

Terry Semel watched Paige’s mouth keep opening and closing, his head buzzing, only vaguely heard the last number, "130,"

At this time, how could he still not understand the situation?

He stood up with an iron face, "Let's go!"

Looking at the Yahoo executives who had repeatedly begged and even prayed, they walked out of the meeting room griefly, sat lightly in a chair and turned around. Peppa, who looked up at the roof, laughed first, and then looked very different. lonely.

Brin walked in and patted him on the shoulder. "It's all gone, buddy,"

"Yes, it's all over," he wiped the corner of his eye, "but why do I feel a little empty?"

Yahoo, who had been dismissive of them many times, made several door-to-door bids and acquisitions. For both of them, it was a greater affirmation than a successful listing ~ www.wuxiaspot.com~ After finally removing the shadow that had been in my heart for many years, After finally thoroughly washing away all the humiliations of the past, just like after finally removing the burden, he felt a little empty with ease.

"How come? Think about how much work is waiting for us to do, think about the bright future we will definitely create," Brin said.

"Yes," Peppa stood up, and returned to his usual appearance, rarely ashamed, "I'm sorry,"

"Thank you Schmidt, thank you Feng, thank you for your cooperation,"

Feng Yiping can fully understand their feelings. This is not just the joy of the underdog finally succeeding in the counterattack. There are so many complicated emotions in it.

"Okay buddy," Feng Yiping patted him on the shoulder, "In the future, no one can stop our development and rise."

For Page and Brin’s plan this time, although he is already in his 30s, he does not advocate it, but he understands it.

From a human perspective, no one is a saint, everyone has his own emotions, anger, sorrow, love, hatred and hatred.

This is even more true for a carrier of interest, a company. The company that has been touted as a great or outstanding company, whether Microsoft, Cisco, Yahoo..., or later Google, is even more so. Probably a saint.

In the process of their rapid development, there is a lot of black history, which must be directly or indirectly, intentionally or unintentionally, causing many individuals and companies to cause more than 10,000 points of damage. But they, This familiarity turned a blind eye.

Moreover, it is also difficult for the public to pay attention to these. They will only welcome these successful individuals and companies with cheers and applause.

To be fair, these recent willful actions by Page and Brin did not actually cause substantial harm to Yahoo. (To be continued.)