For more than half a year, Google's development has been relatively smooth.
The reason why Su Yehao exaggerated was simply to unite the company and take the opportunity to let them continue their efforts.
If the news spreads, it may also make Yahoo take action. Although competition is the norm in Silicon Valley, if it is labeled as being petty and maliciously suppressing its opponents, it will be enough to make Yahoo executives uncomfortable for a long time.
He just finished speaking.
Danielle Kenning, chief operating officer of Google, immediately slammed the table and said loudly:
"That's right! The purpose of Yahoo's acquisition of us must be to hide it in the snow so that it can continue to dominate the search engine market. This is a monopoly!"
The acquisition price of US$1.2 billion would have shocked the jaws of Larry Page, Sergey Brin and others in the past, but now they are not so short of money.
Sergey Brin's head turned quickly and he said immediately:
"Once our company goes public, the market value is expected to reach between US$2 billion and US$3 billion. How dare Yahoo put forward an offer of US$1.2 billion? This is humiliating us, right? Obviously our recent development trend has shown promise.
To surpass Yahoo and continue to eat up their market share, Yahoo’s search results are all advertisements, which affects the user experience.”
A marketing director heard that Su Yehao seemed unwilling to sell. At this moment, he raised his arm to push his glasses and told: "Maybe we should leak the news. If the company encounters malicious competition from Yahoo, it may win the sympathy and support of users.
Yahoo has always promoted openness and inclusiveness, and its corporate image has been damaged, which is actually very good for us at Google."
"Yes, that's right. I've been waiting for Yahoo to make a mistake. This could be an opportunity."
CEO Larry Page knocked on the table and added: "Yang Zhiyuan's acquisition invitation represents Yahoo's recognition of our strength and shows that we are doing the right thing."
Some people are really angry, and some are surprised that Google can actually sell for 1.2 billion US dollars.
Valuation is just valuation, and the acquisition price is equal to cash. The two cannot be confused.
After all, the company's current practice of continuing to lose money and burning money in exchange for the market has led to Google's institutional valuation being consistently low. After all, it has not yet demonstrated a mature, stable, and growth-oriented profit realization model.
Su Yehao saw that everyone was filled with indignation and was deeply satisfied with this.
This shows that there is still some cohesion among the senior management. Unlike the previous acquisition of ICQ, where everyone was rushing to sell, and shareholders contacted him privately to help with suggestions and ideas, for fear that the transaction would not be completed.
Most of ICQ's original equity was in the hands of a group of venture capital institutions, but Google was the hard work of everyone present, watching it grow from a small to more than four million users step by step.
When it comes to feelings, of course there is.
The more critical point is that the vast majority of Google executives have not yet received equity and option awards, and it can also be seen that Google has broad growth potential. Being able to develop to the scale it is today under the shadow of Yahoo is the most important thing.
Good proof.
Since there is no benefit to them from selling the company now, they can get huge returns after continuing to develop Google well.
Comparing the two, it is clear which one is better. No fool present can see that Yahoo acquired Google not to develop it, but to spend money to eliminate troubles as other giants do.
It’s not true that there aren’t other good companies emerging in Silicon Valley and other parts of the world. Many companies once gained widespread attention and then quickly fell into decline.
By acquiring small companies, giants can keep key technologies in their own hands to avoid losing them to competitors, even if they cannot be integrated in the end.
The outside world likes to call this kind of giant mergers and acquisitions that stifle competitors and block technological innovation.
Don't ask why everyone present understands so well and points out the key points straight to the point, because that's what they actually do.
This practice is so common. Google has acquired seven start-up teams this year, spending a total of more than 10 million US dollars. By absorbing technical talents, it continuously optimizes product performance and provides users with a better user experience. Last month
Google version 3.0 has just been launched.
Version 4.0 is also in the development stage and uses a better algorithm to try to provide personalized advertising.
The recent consensus among Google executives is to promote the company's listing as soon as possible. If you want to achieve an outstanding performance, increasing traffic monetization channels is undoubtedly the focus of the work.
At this moment.
Su Yehao knocked on the table and highlighted the key points:
"I know that Google is an excellent company that is outperforming even the Kaomoji Group and continues to expand under your management even in the face of fierce competition. Selling Google as a whole is not within my scope, however for financial reasons
Considering the situation, I think we can start to consider raising Series A financing, and leave this matter to Danielle. She has worked in a venture capital company and is more experienced."
"And Larry, you are responsible for rectifying the company and looking for weak points that may be attacked by the enemy. As far as I know, the one who is targeting us this time is SoftBank Group. Those people from venture capital institutions like to bite us the most.
Don’t let go of the prey until you reach your goal.”
"According to my idea, we are looking for partners this time, preferably institutions that can provide other help to Google and are very powerful..."
Hear the words.
The executives sitting in the conference room instantly became excited.
According to the recent common practice of Silicon Valley companies, after the A round, there will be at most a B round, and they will start to consider listing on the Nasdaq. It happens to hit the bull market, and neither founders nor investors often have the patience to wait too long.
Long.
Danielle Kenning nodded readily and replied: "No problem!"
Su Yehao continued: "Everyone, please work hard this year. Let me tell you in advance that the bonus at the end of the year may reach the level of half a year's salary. The details still depend on your performance."
Giving up six months' salary as a bonus, this kind of intensity seems sincere even in the frenzy of Silicon Valley.
After simply finalizing the countermeasures, we discussed the specific details of financing arrangements. For example, in terms of equity, Su Yehao planned to release 20% first. He would no longer be as petty as the Yanwen Group and go public directly through IPO without external financing.
To put it bluntly, this Series A round of financing actually means digging a hole for others to jump through.
After the B round of financing is completed and the company is listed on the IPO, Su Yehao plans to hold about 50% of the shares by then, including the equity awards to senior executives and employees, so that he can help others make a fortune together.
The short meeting lasted for half an hour in total.
When it ended, it happened to be lunch time, and news about the year-end bonus and the 1.2 billion acquisition invitation spread rapidly within Google.
A group of "old" Silicon Valley employees were extremely happy, while the newcomers who just joined this year were dumbfounded and asked around how to calculate their year-end bonuses when they join the company this year.
There is no talk of a storm coming.
Knowing that Yahoo is eyeing their own company, many employees feel quite proud.
It's not easy to be targeted by giants, which means Google has strength...
PS: I can read new chapters that are updated in real time. I have lost two-fifths of the reading and am back to the same old routine. I only get about 1,200 reading in a day. I earn an average of 4 cents per subscription. It is difficult to make a living.
, I hope everyone can support the genuine version.