330【Chicken Pecking】
The purchase of the Chinese website authorization of US$1 million is of course the lowest price of Song Weiyang.
Even if Song Weiyang said the $3 million buyout algorithm before, Ding Ming was only given $1 million when he was negotiating.
During the second meeting, Ding Ming spoke out his intentions, and it was more demanding than Song Weiyang's requirements: "300,000 US dollars, permanently buy out the authorization of pagerank's global Chinese websites, including Chinese websites in the United States, Singapore, Malaysia, Wanwan and other regions."
"Does there be Chinese websites in the United States?" Larry asked his friends.
Sergei said: "It should be."
Scott said: "The Huayuan.com of the United States is the world's largest Chinese website."
Larry immediately shook his head: "The price is too low, it costs at least $800,000, and the authorization of Chinese websites in the United States is not included."
Ding Ming said: "Then I will take another step back 400,000 US dollars, which must be authorized by the global Chinese website."
Three American technicians looked at each other and Scott said, "Sorry, we need to discuss it."
"Yes." Ding Ming smiled.
Zhang Chaoyang is not here today, he goes to Wall Street. In fact, his main purpose of coming to the United States this time is to attract investment.
Last year, several American companies were willing to raise funds, but Song Weiyang disagreed. It was not because he wanted to eat alone, but because he felt that the time was not yet. But with the end of last year, Sohu.com launched its own "smart search engine". Although it was limited in intelligence, it still gained recognition from netizens and the daily visits increased rapidly.
After this year's Spring Festival, Sohu.com's average daily visits have reached 180,000, second only to People's Daily Online in China.
At this point, the time is right and you can get in touch with Wall Street.
If you want to engage in the Internet in the 1990s, you must cooperate with Wall Street. Give up some of your equity and accept Wall Street financing so that you can seek listing in the United States. There is no way out for staying in China - unless you spend money for several consecutive years without asking for returns.
The same is true for Google. After Song Weiyang invests, he will inevitably cooperate with Wall Street, otherwise Google will not be Google and will never be able to become bigger.
...
Ding Ming sat there alone drinking coffee, while three American technicians came to the streets to discuss.
Larry said: "I think $400,000 is too little, and it's a buyout technology. If it doesn't include Chinese websites in the United States, I can still consider it."
Sergei said: "I think $600,000 is more reasonable. The Chinese website authorization in the United States cannot be given to them."
Scott said: "Larry, you were acting too anxious just now. You should ask for $1.2 million, how can you say $800,000?"
Larry said: "Then our base price is $600,000, but I'm fine if I give him $800,000?"
"Yes, but the authorization of the Chinese website in the United States cannot be given to him." Scott said.
Ding Ming is just a half-baked in commercial negotiations, but these three American technicians are not even half-baked. This is a negotiation called "Bai Chicken Pecking".
In 1998, the Internet in the United States had reached its peak, and it was even deformed. The bubble became bigger and bigger, resulting in the financing of any website with large traffic and advanced Internet technology that often raised tens of millions or even hundreds of millions of dollars.
Hundreds of thousands or millions of dollars, in comparison, it is a small amount.
...
The two sides started negotiations again and quickly became stalemate.
Ding Ming's quotation is: US$600,000, buy out the authorization of global Chinese websites.
Larry's counter-offer is: $500,000, but the Chinese website in the United States is not included.
Ding Ming suddenly smiled and said, "Do you know Song Weiyang?"
"I haven't heard of it." The three American technicians shook their heads immediately.
Ding Ming said: "Mr. Song Weiyang is the big boss of our Sohu.com. He is also the boss of China's second largest beverage and food company, the boss of China's largest general software company, and the boss of China's largest mobile phone manufacturer. By the way, he had an exchange with Mr. Bill Gates of Microsoft last year, which had a great influence in Chinese society."
Scott smiled and said, "It seems that Mr. Song is a very successful businessman in China."
Ding Ming said: "He just turned 22 not long ago and was still in the fourth grade of college. Before I dropped out of school and started a business, he was my college roommate."
"Oh, it's so awesome!" Larry exclaimed.
Sergei, who immigrated to the United States with his family from the former Soviet Union, did not hide his disgust expression: "This Song is probably the son of China, right?"
"On the contrary," Ding Ming said, "Mr. Song's father was the target of struggle and had to be an educated youth in rural China. Even after passing the exam, he could not go to college because his political review failed. Mr. Song founded a liquor company himself, but was imprisoned for several years because he wanted to obtain equity in his company."
Sergei sneered: "This is the case with the red country. My parents couldn't stand the persecution of the Soviet Union, so they immigrated to the United States through great difficulty."
Ding Ming said: "When Mr. Song's father was imprisoned, the family factory was on the verge of bankruptcy and was heavily in debt. Mr. Song was still in high school at the time, so he took over the family factory and turned losses into profits in two months. He took another year to enter the top 20 Forbes' China Rich List, when he had just entered college."
Scott admired him very much: "What a business genius!"
Larry asked: "So, what exactly do you want to express? Is this related to our negotiations?"
"What I want to say is that Mr. Song has a very accurate business vision, and he is very young and optimistic about the development of the Internet," Ding Ming said with a smile. "Mr. Song has a crush on your search technology and is willing to invest in helping you open a company in the United States."
"Larry, this is a good idea, maybe you should think about it seriously," Sergey said.
Sergey is the one who is most keen on starting his own company among these three. He only participated in the research and development of Google's search engine, and Google's algorithm technology has nothing to do with him.
Scott didn't care about this. He did not participate in the research and development of search engines, but just helped two friends discuss business.
The key is Larry's own thoughts!
Historically, these three people have been selling search engines for nearly a year, and no company is willing to cooperate. After listening to Li Yanhong's speech, they thoroughly improved search engine technology, and finally decided to start their own company.
The startup capital was mainly borrowed by Larry, who pieced together $1 million and started a business in the garage.
Alibaba's grandfather is an automobile worker and his father is a computer engineer, and he has no savings. But his brother is rich, and his brother is the co-founder of an Internet company. He can still take out hundreds of thousands of dollars with his teeth.
After thinking for a long time, Larry suddenly said, "I think I should go to China and communicate with Mr. Song in person."
"Of course." Ding Ming smiled.
Why didn’t Song Weiyang go to the United States by himself? Because it’s not necessary.
He is a big boss. When facing several potential entrepreneurs, it would be too much for the other party to appear in person, which is very unfavorable for negotiations.
Chapter completed!