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VOLUME 1 Chapter 97 Who Invests Who? (Seeking Tickets!)

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    Zhang Ke had some surprises. He didn't expect Chen Xiao to take the initiative in the negotiation right away.

    He said: "Please tell me."

    Chen Xiao asked back: "What is the valuation of the 11181 website, Minister Zhang thinks?"

    I didn't expect Chen Xiao to ask such a question.

    Baidu internally actually conducted a preliminary evaluation of the 11181 website and the Changtian Technology Company established by Chen Xiao.

    During the evaluation, there were some surprises inside Baidu.

    Changtian Technology not only has a 11181 website, but also a laser Internet bar 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 bar management system, and the 11181 website has a wider market share.

    Especially the laser Internet bar management system, the design concept is very advanced, and because it is free to download and use, there is almost no rival once it appears in the market.

    Currently there is no similar type of Internet bar management software 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.

    Baidu's internal valuation of the 11181 website is more than ten million yuan.

    But Zhang Ke definitely can't tell the truth.

    Otherwise, it would be bad for Chen Xiao to sell the sky and ask for a price.

    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 meeting room.

    Hearing that the people on both sides opened their mouths and closed their mouths, they couldn't help swallowing.

    How old is Chen Xiao?

    He is only seventeen or eighteen years old.

    Just get a website, and it can be worth millions?

    Do you want to be so godlike?

    The staff member shed painful and difficult tears thinking that he only received a salary of more than 500 yuan a month.

    Human happiness comes from comparison.

    The pain of the same person also comes from comparison.

    The staff felt that compared with Chen Xiao, their lives were wasted.

    Whether it was millions or tens of millions, Chen Xiao did not argue with Zhang Ke.

    After all, valuation is just a valuation. The actual market value of some companies in a few years is much higher than the valuation, and some companies are also smashed after high valuations.

    Chen Xiao said: "Since Mr. 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 the 11181 website, and at the same time I want to exchange for 5% of Baidu's shares."

    Chen Xiao window wanted 5% of Baidu's equity, and Baidu would definitely not agree.

    But business is always something to talk about.

    What Chen Xiao said was just to provide a way of thinking about cooperation.

    Chen Xiao's bottom line is that 1% or 2% of the equity is fine, because exchanging the 11181 website for 2% of Baidu's equity is a free profit for Chen Xiao 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 pvs per day. This data is still growing every day. It is estimated that the number of visiting IPs per day this year should reach more than 1 million."

    "If we customize a whiteness search engine column on our homepage, I think it will be of great help to Baidu's promotion."

    The 11181 website is just a portal website.

    Its life cycle is at most 10 years.

    In the future, there will be more and more similar navigation websites, 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 Baidu's shares.

    Because Baidu will be listed on NASDAQ in 2005, the market value of that day will reach 4 billion US dollars.

    A 1% stake is $40 million.

    If Chen Xiao is willing to let go of Baidu's shares, put it in 2010.

    At that time, the market value of Baidu was 38 billion U.S. dollars, and 1% of the equity was 380 million U.S. dollars.

    Chen Xiao does thisIt also leaves a way out for myself.

    In case your own system fails, or you encounter some difficulties in the process of starting a business, there will be at least a few hundred million meters to squander after 10 years.

    Obviously, the current Baidu doesn't know what he will look like 10 years from now, and he is still struggling with his second round of investment and the current Internet bubble.

    Zhang Ke was a little dazed, but he didn't expect Chen Xiao to propose such a cooperation method.

    Swap equity?

    It is not impossible to do so.

    But this plan is not in Zhang Ke's plan.

    And the 5% equity proposed by the results made Baidu feel a little heartbroken.

    However, this idea of ??cooperation seems to be feasible.

    Zhang Ke has no right to make a decision now.

    But Zhang Ke is already excited now.

    Because what Baidu lacks most now is funds.

    If the cooperation is in the form of equity swap, Baidu not only does not cost a penny, but also can get the full support of the 11181 website, it must be a profitable business!

    Zhang Ke thought for a while and said, "I don't have the right to decide this kind of cooperation. I still need to report from the head office."

    Zhang Ke looked at Chen Xiao and couldn't believe that a seventeen or eighteen-year-old child could propose such a cooperation method.

    In fact, Chen Xiao has a second way of cooperation.

    That is the mutual betting agreement. Assuming that the 11181 website helps Baidu achieve market coverage, then Chen Xiao will automatically obtain as many shares of Baidu. On the contrary, if this goal is not achieved, then Baidu will obtain a corresponding proportion of 11181  Site Shares.

    However, Chen Xiao felt that if he proposed such a cooperation method, Baidu would be less likely to accept it than the first method, so Chen Xiao didn't mention it.

    The two parties have discussed the specific details of the cooperation.

    Zhang Ke's assistant kept typing on the laptop, recording the content of this conversation.

    After the meeting ends for a while, 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, agreed to make a phone call, and then left the Cultural Bureau.

    Chen Xiao, who returned home, let out a long sigh of relief.

    He was a little thankful that he had chosen the right technology points.

    Around 2000, it was indeed easier to get original funds for the Internet than for entities.

    Chen Xiao has already done what should 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 pieces at some point, and even the wheels were dismantled. I don't know where it went.

    On the roads of this era, there are not so many monitoring.

    Even if Zhou Quan went to report to the police, most things like this ended without a problem.

    Very depressed Zhou Quan walked home.

    Suddenly he felt his eyes go dark, and his head was covered with a sackcloth.

    "Who!?" Zhou Quan asked nervously.

    Before he finished speaking, he felt a pain in his back.

    He beat himself with sticks.

    "Oh! Don't hit, don't hit!!"

    In addition to the pain, it still hurts, Zhou Quan screamed loudly, but no one paid attention.

    I don't know how long it took for Zhou Quan, who was covered in blood, to wake up from his coma.

    In the alley, there is nothing but garbage and filth all over the floor

    Yanjing Baidu Headquarters.

    Li Yanhong looked at the email sent by Zhang Ke and fell into deep thought.
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