Fight to the third generation

This is the result of guessing Su Yehao with his imagination from the perspective of an ordinary person.

In fact, Su Yehao didn't get involved in Yahoo's specific management work at all, and he didn't even attend the shareholder meeting. He was just investing. Once he made enough satisfactory profits, he would immediately cash out and run away. There was no conflict of interest at all.

But Larry Page didn't know this, and asked, "You mean if the shareholding ratio is too low, it's not worth supporting us?"

"...That's right, if it is acquired by me, then it doesn't matter if you go all out to promote the anti-link search engine, but if you only want me to own a small amount of shares, I will definitely be the one who will suffer."

Su Yehao thought that it would be comfortable to talk to smart people, so he continued to laugh and said:

"Honestly speaking, with all the value of your anti-links, you can't buy ICQ's advertising space for three days. Of course, since we have the idea of ​​cooperation, I think we can talk first and reach a condition that satisfies both of us."

Both Larry and Sergey felt distressed at the moment.

Occasionally, I hear that some investors give too much, which makes entrepreneurs feel distressed. They didn't expect the same thing to happen to them.

Because the size of the company is too small, if you get more funds or resources, you will inevitably need to distribute a large amount of equity. At that time, it is very likely that you will lose the right to speak, and the founder team will be eliminated.

It is equal to selling a child raised by oneself, which is of course a headache.

Sergey opened his mouth at this moment, and asked tentatively: "Mr. Su, if you buy our anti-link company, how much are you willing to pay?"

Let Su Yehao think about this question for a few seconds.

Feeling that the bid was too low and the opportunity might be lost, he readily stretched out two fingers and told:

"For $200 million, your technology may be useful to me a little bit, but it is not worth so much money in my opinion. There are many companies that want to copy Yahoo's successful model, and there may be products that are more powerful than your algorithm. The reason why I I am willing to pay 200 million mainly because I am optimistic about your ability. As a Ph.D. in computer science from Stanford University and a good understanding of search engine technology, it is the talent I need."

After hearing this, Larry and Sergey were very excited, and they both drank to suppress their shock.

I have lived a hard life before starting a business, worrying about failure and bankruptcy. For the first time, someone appreciates their products and offers an "amazing" high price. I am so happy.

It's just a small company with thousands of users, Su Yehao is willing to ask for 200 million US dollars, which is undoubtedly very much, about twice more than their psychological price.

Larry Page couldn't help asking: "The founder of the Iron King Kong game company is our friend, and it was his suggestion to go to you. If we agree to your acquisition offer... can we continue to work in the company? "

"Yes, how much salary can you give us?" Sergey also asked.

"..."

Su Yehao was stunned after hearing this, his performance was different from what he had imagined.

Originally, I thought it should be a tug of war, saying something like "I can't lose the right to manage the company", or "Sorry, I am only willing to accept financing".

What about dreams?

What about entrepreneurial ambitions?

Why are you starting to talk about salary with yourself...

Chapter 406 The Birth of Google

It's no wonder that Larry and Sergey were easily swayed, it was because Su Yehao gave too much.

If agreed to be acquired.

Excluding the money that needs to be distributed to investors, the two of them not only have about $60 left each, but also get a dream job with a high salary.

There is no need to worry about funds and future, let alone worry about the failure of starting a business all day long, and worry about going bankrupt.

From September to the present, it took more than two months, and the number of anti-link search engine users has only increased from more than 1000 to more than 8000.

What's the use of an advanced algorithm? The actual experience is indeed not as good as that of the rich and powerful Yahoo.

In order to continuously optimize the anti-link search engine, I now have to pay more than 7 US dollars every month. In this way, new employees often leave and leave, thinking that the anti-link company has no future at all.

Dreams can't be eaten, but it is really delicious for Larry Page and Sergey Brin to go to work and receive wages of hundreds of thousands of dollars and continue to be a manager.

A purchase invitation of 200 million US dollars directly knocked them both out, and their eyes were full of excitement.

Look at Su Yehao again.

Drinking beer, seeing the expressions of these two, I guessed in an instant that the price was probably too high.

As the investment continued to make profits, money flowed into his name like a strong wind, and Su Yehao had gradually become numb to spending money.

Last year, when I bought a few boxes of sandalwood, I felt that it was expensive to spend thousands of dollars, but now I casually say 200 million US dollars, and my heart hardly fluctuates.

The changes are indeed huge.

After a short consideration, Su Yehao asked: "Are there any restrictions on equity in the angel round financing you accept? If you are willing to be acquired by me, you can give an annual salary of 25 US dollars. As long as the performance is good enough, there are also bonuses and equity rewards." .”

Sergey was about to nod his head in agreement, but suddenly realized that the company was not his own, so he glanced at Larry.

Larry Page swallowed.

The average annual salary in Silicon Valley is more than 9 US dollars, but that refers to regular employees of regular companies. Even if they get a doctorate from Stanford University, the annual salary of 25 US dollars is a pretty good figure, and the temptation is great.

It seems that as long as you say a deal, the pinnacle of your life is in front of you, not to mention that the annual salary of 25 US dollars is just the basic salary, and there are additional opportunities to get bonuses and the like.

A start-up company with only a few thousand active users can sell for 200 million US dollars, which is definitely enough to make people drool with envy.

A few days ago, I heard that the Iron King Kong game company sold more than 200 million US dollars, and the two of them were also envious and jealous.

At this moment.

The same opportunity lay before him, and Larry Page felt extremely difficult, not knowing how to make a decision, so he asked Su Yehao again: "Then what about financing? If we accept your financing, what kind of cooperation do you want?" ?”

"...This requires a serious understanding of your company, and I have no way of confirming it for the time being."

Su Yehao just finished speaking.

Sergey couldn't sit still anymore, got up and tugged at Larry, and smiled at Su Yehao: "Please wait a moment, I will discuss it with him..."

Larry Page, who didn't know why, obediently followed Sergey out of the bar.

The two stood at the gate.

I only heard Sergey ask: "Larry, what do you think? I think his purchase price is very sincere."

"But I still hope to keep some shares. We have conceived the idea of ​​the anti-link search engine for more than two years, and it is difficult for me to suddenly hand it over to others." Larry said.

Sergey said decisively: "But he gave a good number, at least it proves that our hard work was not in vain, just like a girl who has been raised hard, marrying a good family and having a bright future is not bad. Besides, we will If you continue to work on anti-links, as long as your performance is good enough, you will still have the opportunity to receive equity rewards, and you may gain more by then."

Holding his eyebrows with a headache, Larry actually felt that Sergey was right. He told: "We don't need to rush to make a decision. We don't know what the financing plan is yet. Maybe we will get 100 million US dollars, and the company will be able to do it." Short of money."

"You can get 100 million US dollars, but you may not necessarily get the full support of ICQ and TVT. If he arranges someone to investigate and find that our company is not worth that much money at all, won't the two of us become people in other people's mouths?" Idiot?" Sergey continued.

The family conditions are very ordinary, and Sergey is very satisfied with the achievements he has made today, so he can't wait to seize the opportunity, and has no ambition to become rich.

Larry Page took a few deep breaths.

Even if it is a company they created themselves, Larry does not think that the value of his company can reach 200 million US dollars.

Suddenly realizing that what Sergey said made sense, Larry bit his thumb, folded his arms around his chest, walked back and forth for a while, and made up his mind to tell:

"Not only us, but other people in the team must also stay, even if it only sells for more than 100 million US dollars, they must retain 10% or 20% of the shares. In this way, it will not delay his support of our company, and wait until the number of users increases. Now, we can also earn another sum of money by holding shares, that’s all!”

After thinking about it, Sergey said cheerfully: "Okay! Then give it a try..."

It was already past ten o'clock.

Su Yehao drank some beer and suddenly fell asleep. The atmosphere of drinking tonight is not lively enough to enjoy himself.

After Larry and Sergey came back, they continued to chat with them for a while. Due to the existence of other investors, the two sides quickly reached an agreement.

The specific content is mainly a wholly-owned acquisition of 200 million US dollars, and an annual salary of 25 US dollars is offered to Larry and Sergey. Not only does it promise not to lay off employees for three years, but also gives other employees of the anti-link company a starting salary of [-] US dollars.

Besides.

It also agreed that as long as the anti-link company’s daily active users reach 100 million, it will give Larry and Sergey each 5% of the company’s shares, and promises to add anti-dilution clauses. Until the listing, they will each hold 5% of the company’s shares .

If you want to sell it, Su Yehao can also buy it back according to the market valuation, and has the priority to buy back.

This kind of condition, with the current scale of the anti-link company, is already quite kind.

Especially the option reward plan where the two together account for 10% of the shares, even if it is only 10%, as long as Su Yehao uses ICQ and TVT to fully promote and develop the anti-link search engine, this share is in the eyes of Larry and Sergey , is more precious than the shares held today.

100% of 50 million US dollars, and 1000% of 10 million US dollars, such a simple arithmetic problem, elementary school students know more about the latter.

Both parties were afraid of the other party's repentance, so they found a lawyer on the spot and signed a memorandum. Su Yehao first wrote a check for 60 US dollars, and then signed the formal agreement tomorrow.

With Larry and Sergey's right to speak, they can make decisions directly, and there is no need to discuss with other investors.

On the pretext that anti-links are not nice, Su Yehao suggested that they change the company name to "Google".

Google, which was blown away by butterfly wings, is back after all.

In fact, it doesn't matter whether you change the name or not, but Su Yehao thinks that changing it to Google is more in line with metaphysics. It seems that it is easier to succeed and it is more valuable...

Chapter 407 Find a Nanny

the next day.

After successfully signing the formal contract.

From the company's account, Su Yehao paid the full amount in one go to the anti-link company, which is Google, which has not changed its name yet.

Not just that.

He also found someone to rent another office building, planned to customize a database and data management system from Oracle, and started recruiting staff as soon as possible. It is estimated that the initial investment will be about 600 million US dollars.

With this investment, it is enough to let Google's soft power and hard power collectively climb several steps, and the shotgun changes.

The two founders felt more and more that it was very correct to ask for equity. The 5% option reward for each was equivalent to 30 in investment.

As long as 100 million users can be attracted, these shares are very valuable.

Larry Page is complacent about it.

The fact is, even if they asked each to keep 10% or even 15% of the shares, Su Yehao would still agree. After all, he never thought that he would spend time and energy on the development of the search engine by himself, and at the same time, he would be able to make a fortune. The effect of buying horse bones.

If Google can develop again, Larry and Sergey can make money smoothly again, and the cooperation between the two parties will be happy.

In this way, for KOKO Venture Capital and Su Yehao, the future venture capital and private equity investment projects will be much smoother, and Google can be regarded as a successful case and publicized when investing.

The 5% option reward has already saved Su Yehao money.

In order to support those two, Su Yehao not only asked them to cooperate with TOT to learn from each other's strengths, but also specially recruited a talent from KOKO Venture Capital to help them deal with trivial matters not related to R&D.

Ms. Danielle Kenning, so chosen...

Just finished lunch at noon.

Danielle Kenning learned the sad news that she was about to be transferred to serve as a temporary operation officer from the personnel director of KOKO Venture Capital. The first thing she thought about was who she had offended, or why she was demoted?

She had just been to Antilink last night and of course knew how small the company was.

After hearing about this unreasonable arrangement in her opinion, she patted the table with the personnel director on the spot, but the other party had no choice but to tell that it was Su Yehao's decision, and that she could not help at all.

then.

Danielle Kenning inquired about Su Yehao's whereabouts, angrily ran to the door of his mansion, rang the doorbell and asked to meet.

Su Yehao had met her several times, and immediately decided to let her in.

When Danielle Kenning came to the spacious living room, she found that the servants were packing their luggage, and there were also some luxury packaging boxes such as Hermes, Cartier, and Bulgari.

At this time, Su Yehao came down from the stairs, with a smile on his face, and told him, "It just so happens that I'm planning to meet you sometime, and I'm going to fly to Tokyo in the afternoon, and I'll be counting on you from the anti-link company in the future." .”

"...But I don't want to be a babysitter at all, and it's still such a small company. When the headhunter came to me, he didn't say that he would change my position easily. I think I did a good job in KOKO Venture Capital, why should I be transferred? Walk?"

Although Danielle Kenning has a strong character, she still forcibly suppressed her resentment in front of Su Yehao and kept as calm as possible.

She has worked on Wall Street for many years, and she has long been used to the atmosphere where money is paramount and the strong are respected.

Efficient, albeit snobbish.

Even though he was more than ten years older than Su Yehao, Danielle Kenning still admired him.

Holding a heavy stake in Yahoo, acquiring ICQ, creating TVT, etc., have all achieved amazing profits, earning at least one billion U.S. dollars a year.

She works in KOKO Venture Capital, so of course she knows exactly which projects Su Yehao has invested in.

Recently, it has started to acquire third-party companies. In Danielle Kenning's view, it is a stroke of genius. It has the opportunity to revitalize the revenue data of ICQ and TVT in one fell swoop.

Take Iron King Kong, which she is in charge of, as an example. After the acquisition, several advertising spaces were set up in ICQ and TVT respectively, attracting more than 70 players in a week. Even with preparations in advance, the server crashed several times.

From this point of view, it is time to continue to flex its muscles around ICQ and TVT, and it is easy to make achievements. Of course, Danielle Kenning does not want to be transferred outside to be a "nanny".

Su Yehao rummaged through the pile of presents prepared for the girls, randomly picked out an Hermes crocodile leather bag, and when handing it to her, he said with a smile:

"It is because I think you are doing a good job, so I introduced you to anti-linking, oh yes, it will be renamed Google. I was told that its algorithm is more advanced, as long as the user data is large enough, the search results provided are also good. It will be more precise. I plan to treat it as another TVT training, referring to the scale of funds. If you do a good job, I will let you try to serve as its chief operating officer. In the future, the option rewards and bonuses should be higher than now. More."

After taking the handbag, Danielle Kenning looked dazed.