Extraordinary Genius

1091. Chapter 1091 Chapter Baidu (Request for a ticket)

Li Yanhong, a turtle of the country, worked in the search mechanism of the country. At that time, the largest search engine Corporation, and invented the super-chain analysis technology, a basic search engine patent technology, and applied for a patent in the country.

He always wanted to be China’s own search engine Corporation, instead of continuing to work for others. To this end, he has returned to China every year for several years.

Until last year, he found that the time was ripe. From the listing of Sina and other companies on the Nasdaq in the United States, it can be seen that China’s network development has begun to blow out, which is a good opportunity for him to start a business.

So he resolutely returned to China and pulled up his partner Xu Yong, and then recruited several graduate students from Beijing University and Tsinghua University. What excites them most is that an associate professor at Jingcheng University has joined them. The technical director of their Corporation.

By the way, the organization he founded is called Baidu.

However, their funds are too small. The money of Li Yanhong and Xu Yong, in addition to buying computers and renting hotels, there are not many left, but also to pay wages and life for employees? The professor at the University of Beijing is even more poor. If it is not without funding, it may not join them.

So, at this time they intend to pull a partner.

Originally, Xu Yong is a family of three portal websites, Sina, NetEco, and Fox. They have just been listed, have money, and are also in line with the Corporation.

After their Baidu Corporation search engine goes live, they can just use the website to make a profit.

However, Li Yanhong expressed opposition, so that they would easily be merged by those websites. They saw this kind of Corporation in Silicon Valley. They just got a good job and they were merged. It was too far from their dream of starting a business.

Besides, he also has this patent for hyperlink analysis technology. With this basic patent, he is qualified to negotiate with many large venture capitals.

At this time, he noticed the over-the-counter advertising of Taihua Consulting Corporation. It is said that the three portal websites have the venture capital of the Corporation, and the reputation is very good.

……

“This is your plan? Your name is Li Yanhong?” Sun Lijie asked as he looked at the plan.

“Correct.”

“You are not expected to make money in this plan for three years. Are you wrong?” Sun Lijie asked curiously. Other Corporation pulls venture capital, can’t wait to tell him, get venture capital, and be profitable the next day.

Why is this different? It is expected that it will not be profitable within three years? And this Li Yanhong, the name he is familiar with, is not the one that Chief Feng told him to focus on.

Li Yanhong cautiously replied: “I didn’t make a mistake. According to our plan, it is really difficult to make a profit in the first three years. We need to invest too much. Not only in research and development, but also in advertising. But after three years, I The guarantee form is just a bidding search, we can get back to the book, there are some ads, etc. We can definitely make a profit.”

“You said that you need a million RMB investment, and then you only give us 49% of the shares?” Sun Lijie 嗤said with a smile.

Your Corporation, if you don’t count your patented technology, it is now two million. What is your patent so high?

“Chief Sun, my invention, is the basic invention of a search engine. There is a Corporation called Google in the country. I don’t know if you have heard it. I have provided search engine services to Yahoo and other portal websites, and I am starting myself. After doing the independent search engine website, many investors are looking forward to the listing of this Corporation, and claim that after the Corporation is listed, the stock price will inevitably break through 100 billion!”

“What do you mean, your Baidu Corporation, can you compare with Google?” Sun Lijie asked.

“For the time being, I can’t, but I am confident that Google is definitely not our opponent in Chinese alone. Because only China people know Chinese Chinese!”

“How many people are there in your Corporation?”

“Ten, count me.” Li Yanhong is not very funny.

“It’s only ten people, the scale is too small. I heard that Google has an idea to enter the China market. When the website uses Google’s search engine, how do you compete with others?”

“Because Google’s engineers are mostly in the country of Mi, they are not familiar with the grammatical habits of Chinese. There are certainly many mistakes and omissions in it. And we are all engineers in China, all of which speak Chinese, and naturally have more advantages. The most important thing is , we are the company of China, should it be protected?”

“One billion RMB investment, I can decide, but your share is too small. I am sure that except for our Corporation, no one will give you so much investment. We want 70% equity, have voting rights. That kind of, I think this is more reasonable, you can go back and discuss with your partner.”

“Chief Sun, will you make the Corporation you created, someone else’s?” Li Yanhong asked.

“That depends on what is going on. If the price of the other party is high enough, it is not impossible to sell it. I think you may have heard that the three major portal websites in China currently have shares in our Corporation. If you accept With our conditions, the search engine services of these three portal websites can be handed over to your Baidu Corporation.” Sun Lijie said easily.

Compared to this, the three companies will still give it, provided that the technology of this Baidu Corporation is good enough. But people with a basic invention patent for search engines should not be too bad.

“Chief Sun, your conditions are very attractive, but I can’t promise. I won’t let the company that I worked hard to create, and finally fall into the hands of others. How do I hear that the major shareholder of NetEco Corporation is Mr. Ding Lei. What?” Li Yanhong refused.

“You don’t worry, you may not know, you can go to Sina, fox and other organizations to inquire. Are we intervening in the operation of their Corporation? Even we have been helping them. Didn’t you find out, Sina and other Corporation? The major shareholder is our Corporation, but the Chairman is someone else.”

“That doesn’t work, unless it is stated in the contract, the vast majority of you get non-voting stocks.” Li Yanhong insisted.

“So what do you think is the appropriate ratio?”

“30% is not low, and the rest are non-voting stocks,” Li Yanhong said.

“Forty-nine percent, you still have the most voting stocks. And I remind you that the longer the delay, the harder it is for Baidu to develop. Google is developing very fast in the country. By the way, it reminds you. Google also has a big Boss investment. If we set up a Chinese search engine based on Google, do you think there is any better development in your organization?”

Li Yanhong’s eyes wide, what did he say, his big Boss, and also participated in Google’s investment? Is Feng Yu a shareholder of Google?

As a result, it seems that his patented technology is not too great. Others can open it and do the same.

Li Yanhong bite his teeth: “Well, forty-nine percent of the voting rights are given to you, a total of 70% of the shares, when can we invest?”

Sun Lijie laughed at Hehe and said: “A signed contract will be available on the same day!”

……