Chapter 1032: Thirty Years Hexi
The General Electric Appliances business was jointly taken over by Alcatel Mobile and Panda TV. In the future, various home appliances such as washing machines, dishwashers, and baking machines produced by General Electric Appliances can be labeled with three brands. Alcatel Mobile, Panda TV, etc. can be labeled on the machines.
The logo of General Electric Appliances.
Although you have to pay a brand licensing fee to General Electric every year, it is definitely worth it. General Electric Appliances is an "old brand" in America. Even if the recession is bad, the recognition is still very high.
Directly using the brand of general home appliances can avoid the risk of crazy advertising to expand the market.
Coupled with Panda TV and Alcatel mobile phone brands, it can be used to play cards. One product is launched in three categories: ordinary, mid-range and high-end for users to choose from.
As the person in charge of General Electric Appliances, Ma Shutes also wildly touts the revitalization of the American home appliance industry, the restoration of the glory of the American home appliance industry, and the return of the American home appliance business to the 20th century, when the whole world bought American products.
The era of televisions, radios, and record players!
While shouting slogans, Mashutes moved all the General Electric Appliances production lines away. No matter how he did it, the slogans must be shouted anyway.
As long as the slogans are louder and the public relations expenses are higher, no one can question Mashutes' words. He is not alone in this. America's major manufacturers have already started playing tricks.
Why is Detroit, America's automobile city, getting worse and worse? Ford, General Motors, Chrysler and other major car brands have all moved their production lines to Mexico, Eastern Europe, Asia and other places. Their slogans are still
Not as loud.
At Google headquarters, Excite CEO George Bell and several senior executives were sitting quietly in Google's conference room, like lambs waiting to be slaughtered, waiting for the executioner's selection, but there was nothing they could do.
Once upon a time, Excite's board of directors and senior executives claimed in an internal email to employees that within three years, Excite would become one of the top ten Internet companies in America and become a giant company like ICQ and Yahoo!
Excite also spent US$6.7 billion to merge with at home gorp to form the top two search giants in America. At that time, the leader in the search industry was Yahoo, but that was also the most prosperous time since excite was founded.
But things were changing, and who would have thought that Excite’s success would be short-lived. When Yahoo cut off its arm and outsourced its search business to Google, Excite thought their opportunity was coming, but who knew it would be a mudslide!
Without the slightest precaution, Excite spent every last penny in his pocket in order to merge with AT Home GORP Company. When the Nasdaq collapsed, the stock fell into nothing and could not be sold. There was no money to be made from the issuance of stocks and no money from the issuance of bonds.
When people subscribed, the bank not only refused to lend the money, but also asked Excite to repay the money. Excite collapsed overnight.
Shut down the server, stop operations in Canada, England and other places, and then lay off 900 employees. The entire Excite has less than 1,500 people. This is almost a knife to the main artery. This is not enough, we also need to
If we continue to lay off some employees, if no one invests in Excite, then George Bell himself will probably be kicked out, and the entire Excite will basically close down...
Excite is basically the state of the entire Silicon Valley Internet companies in the past year. They build high-rise buildings, entertain guests, and then the buildings collapse. Those who are more lucky can make money by running away early, while those who are unlucky can only wait to die, especially
The founders of Silicon Valley companies are going bankrupt one after another. How can Silicon Valley venture capital firms and Wall Street let them go?
Countless Silicon Valley company founders have bought luxury homes, sports cars, yachts, and private jets by cutting leeks. Silicon Valley venture capital companies and Wall Street institutions are taking them away bit by bit. If they can’t cut the leeks anymore, they can only eat them.
It’s a big help. Anyway, Wall Street institutions and American Bank will not admit defeat, and they will have to take back some of it!
It looked like George Bell, who was more than ten years older, was sitting there with a sense of twilight in his body, especially when he thought that the acquirer he was going to meet today was the same one he had humiliated before, even sending him to his door.
The purchase price of $10,000 was something that even George Bell was unwilling to offer Google.
Thinking of the next scene, George Bell's face became even more sad. The other Excite executives were all worried about how good they would be. They all knew the grudges between Google and Excite, and they didn't know how Google was going to handle it.
them!
Excite doesn’t want to sell himself to Google, but the Internet industry is living like this nowadays. Everyone is tightening their belts and barely getting by. Even Yahoo, the landlord, has no money left. The new Yahoo president Semel is raising money from everywhere. It doesn’t even look like this.
Don’t go to excite company.
Even companies that were slightly interested, after learning about Excite’s dark history and knowing that they were sworn enemies of Google, immediately lost interest and even deleted their business cards and emails, for fear of being tainted with bad luck!
Are you kidding me? The Internet industry is currently at its peak thanks to Bruno's help. Which company is willing to take the risk of offending Song Yang and acquire Excite? Even if it is bought back, so what? Can it survive in the Internet industry?!
After going round and round, when facing bankruptcy after Christmas, Excite could only send it to the door and beg Google to acquire it. Before the Nasdaq collapsed, Google got Song Yang and KPCB Venture Capital to invest in it.
With a huge amount of US dollars, and backed by the North American Global Investment Fund, there is no shortage of money at all!
There was a sound of footsteps outside the door, and then the conference room door was pushed open. George Bell did not dare to neglect, and quickly stood up with a group of senior executives to greet him.
Erin, dressed in professional attire, brought Larry Page, Sergey Brin and other Google executives into the conference room.
Irene, who was wearing black-rimmed glasses, looked at George Bell. George Bell, who was looked at by Irene, unconsciously lowered his head slightly and cultivated his energy. For so many years, Irene has been in a high position.
, the icq empire, which has been in charge of a market value of more than 300 billion U.S. dollars, now naturally has absolute momentum when facing people like George Bell.
"George, this is Erin, the current CEO of Google. I don't think I need to introduce you further. You've already seen Larry and Sergey!"
Also coming along the way was Khosla, the KPCB partner who led the investment in Google, and said to George Bell with a smile on his face.
Seeing George Bell groveling in front of him, cautiously fearing to offend Google, Khosla couldn't help but feel a little "heartbroken" for his old friend. Of course, it was only for a few seconds, and the rest was just lucky that George Bell had originally
When asked to choose between Excite and Google, Khosla made the right choice!
When Khosla asked KPCB Ventures to use US$100 million in exchange for 10% of Google's equity, it seemed like he was being ripped off, but time proved Khosla's vision.
Now Google is the largest search giant in America, with a market share of more than 73%. It is almost the only one company, including Microsoft MSN, IE browser, Yahoo, and a bunch of icq and snow in the Bruno camp.
Leshan online game platform, PayPal, eBay, Amazon, Wikipedia, Firefox, etc. all use Google as the "default" search engine.
Alcatel mobile phones and Apple computers even set Google search to factory settings. That is, as soon as the user turns on the mobile phone and uses the computer, it is Google search. The Symbian system will also be equipped with Symbian mobile phones, and the unified default is to use Google.
search engine.
Google's Google has already soared into the sky. In the current slump of the Internet industry, KPCB Ventures, Goldman Sachs and other Silicon Valley venture capital and Wall Street institutions have still pushed Google's valuation to more than 10 billion US dollars.
If the time went back to a year ago, Google’s valuation would have been estimated to be over $50 billion!
Khosla even heard rumors that in order to restore Nasdaq as soon as possible, Silicon Valley venture capital firms, Wall Street institutions, the Federal Securities Commission and other institutions were preparing to "create a god" again, and Google was their target, and even urged
Let Google go public quickly!
Khosla's investment will definitely not be a loss. It just depends on how much KPCB can make from Google.
"Larry, Sergey, nice to see you again!"
George Bell took the initiative to reach out to Larry Page and Sergey Brin, with a flattering smile on his face, as if hoping that they would let him and Excite go.
"We didn't even think of it!"
Looking at George Bell in front of them, Larry Page and Larry Page, who had wanted "revenge" before coming, were greatly disappointed. Just like when they were wearing boxing gloves and preparing for a life-and-death duel, the other party suddenly knelt down.
There is no feeling of happiness, just boring...
Erin glanced at Larry Page and saw that they seemed to have no intention of returning George Bell's ridicule to them, and they were no longer going around in circles with George Bell.
"For $300 million, Google can acquire excite!"
Chapter completed!