Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 178 Big accident Big surprise

"Okay, I'm very happy," Feng Yiping was very happy. He made the decision so quickly.

According to Page's meaning, Google has agreed to accept his investment. Although it went too smoothly, he couldn't help but think about the reasons behind it, but, no matter what, just agree, nothing is more delightful than this.

It should be said that by chance, he really happened to choose a very suitable time.

Page and Brin agreed so quickly, in addition to the urgent hope that the company they founded could grow faster, they also had the consideration of using him and his funds to consolidate their control.

Their concern is not redundant.

In Silicon Valley, stories of capital driving away founders are common, such as Apple, Compaq, Cisco, etc., and Sequoia Capital is a veteran of doing these things.

What made some founders even more disappointed was that Sequoia and the others did this, but instead received a lot of praise, believing that they could not only find suitable startups, but also find the most suitable professional managers.

In fact, objectively speaking, this is not wrong. For example, Schmidt, whom they found for Google, proved that he is indeed a very outstanding CEO.

So that is, if you wait until they get along well with Schmidt, or Google has higher revenue and good efficiency, you want to invest, not to mention doors, not even windows!

For example, they accepted investment from Sequoia Capital, and in addition to capital and other conveniences, Sequoia also brought them real benefits. Sequoia allowed another company that it invested in large amounts, Yahoo, to hand over all the search business to Google.

When accepting Feng Yiping's investment, what he values ​​is not his money, but his forward-looking vision. It will bring great benefits to the company's development.

"Is there any Chinese food?" Feng Yiping, who was in a good mood, didn't want to go into the twists and turns now, he asked with a smile.

"Yes, but not many," Page was also very happy. Accepting Feng Yiping's investment was also a good thing for him to win multiple goals.

…………

To be fair, although Google's buffet did not have as many dazzling options as it was later, it was not like the rich man who could eat high-end products such as lobster at a very low price, but it definitely tasted better than the canteens of most domestic companies.

However, for the first time people who eat in their buffet restaurant, I'm afraid no one will carefully examine the dishes and taste.

Unlike the restaurants with music flowing in common, or the restaurants that are gentle and elegant, not talkative to each other, Google's restaurant is very lively and very lively.

During working hours, engineers who are immersed in their own world take this opportunity to communicate with each other, and are adversely affected and driven by the two founders. Their communication can often be said to be arguing.

However, some high-pitched tone just show their enthusiasm for work. When you are in it, you can clearly experience the vitality. In the words of some leaders, this is a combat-ready team. Then it is easy to draw a conclusion that this is a promising company.

In addition to the excitement, there is another feature here, that is, fast!

They eat quickly and speak quickly, which means that their brains are turning very quickly. As soon as you express your opinion and refute, Feng Yiping feels vaguely that this is not eating, but it is a debate, and it is not an ordinary debate, but more like a paper defense...

Page and Brin are the same. Feng Yiping has truly seen their usual way of getting along. In front of Feng Yiping, the two of them argued over a problem.

That was a very professional question, and Feng Yiping couldn't understand it very well. However, there were two words that appeared frequently, and he could understand it very well, "Idiot" and "Idiot".

These two words seem to be dedicated to the ending of each sentence, which is roughly similar to "over".

Seeing Feng Yiping a little surprised, Brin smiled and said, "You will get used to our state in the future,"

Page said, "We often disagree with each other,"

Brin immediately continued, "But we have no fundamental differences,"

Page, “In fact, we often have surprisingly consistent ideas,”

Is this performing crosstalk? Feng Yiping also continued, "It can be seen that sometimes your opinions are so unanimous that they will scare others."

"Haha, right? We feel so, too," the two good friends looked at each other and laughed.

Anyway, Feng Yiping felt that the canteens in his company were too different from that. How many brilliant ideas can he come up with after a meal here?

…………

"I think it's a bit strange. Why are the specifications of office desks and chairs in the company not consistent?" Page asked with a smile when he went to their office after dinner.

"When we moved here to work, the bubble burst and a large number of companies went bankrupt. The office equipment you see was acquired from those that went bankrupt," Brin explained.

"What a coincidence?" Feng Yiping said, "At that time, several executives came here to do business. The current small software company was established at that time. On the way back, I specifically instructed them to purchase office equipment for two containers at a low price, mainly computers and printers, etc.."

"Haha, how did you say that? The heroes have similar views," Page smiled.

Bolling opened a glass door. It was a compartment of more than ten square meters. It was a long workbench against the wall. "This is our office. It will probably not have much space to allocate to you in the future."

"It's pretty good," said Feng Yiping. "I started my business in my first year of high school, and it was not until my sophomore year, that I finally had my own office,"

The small office that was renovated in the storage room during his freshman year was subconsciously eliminated by him.

"You haven't worked in the garage," Page sat down. "Feng, Brin and I, welcome your investment. We just discussed it and accept your $150 million investment, accounting for 15% of the shares. How about it?"

He was still impatient, and after a few gossips, he came up with the main topic.

Although it is said that it has to wait for financial accounting, the main decision-making power is still in the hands of Page and Brin. For example, what is the current valuation of the company and how much share can it be allocated to Feng Yiping?

The plan he mentioned was the result of repeated discussions with Bollinger.

Feng Yiping didn't say anything for a while, and Blin asked, "Do you think the valuation is too high? We think this should be a relatively objective number. This year, we have the confidence to achieve revenue of at least 200 million,"

Feng Yiping didn't say anything, not because he disagreed with the plan, but was excited! He thought that he could give him a maximum share of 10%, but he ended up giving him 15%.

15% Dear! By the time it went public in 2004, how much would your 15% be worth? $2 billion, or $3 billion?

In short, it is estimated that the total market value of many listed companies will be higher than that of many listed companies. This is a big surprise and a big surprise.

"This plan is very reasonable, I have no objection. For me, it is the most important thing to work with you and work for a common goal,"

Page and Brin then relaxed. They really didn't want to lose a partner like Feng Yiping who knew the future of this industry better than anyone else.

Bolling poured three cups of coffee, "I wish us a happy cooperation!"

"Please rest assured that I will always be consistent with you on the board of directors and be a strong backing," Feng Yiping took the initiative to express his opinion.

Feng Yiping's statement was also what Page and the others hoped for.

The company he founded has grown from the valuation of 75 million in the first round of financing to the current 1 billion yuan, which is the result of their full commitment, and the company is also the crystallization of their efforts, so naturally he is unwilling to lose power.

"Haha, then we must have always been the majority, come on, do it!"

"Actually, I personally have another suggestion. In order for the company to develop better and faster, the more sufficient the funds, the better. My current financial situation is good. In China, I also have a car website and a fast hotel, and I am planning to list on the Nasdaq. Relatively speaking, the funds are still sufficient.

If the company needs it, I am willing to continue investing in this valuation and the name of the investment company. Of course, in order not to affect the board of directors, I give up my voting rights in this part of the investment. At the same time, I promise that in order not to affect possible strategic cooperation after listing, as well as incentives for new employees in the future, I will sell the shares occupied by this part of the investment after listing is lifted, or the company will choose to repurchase them.

In short, my starting point is that I hope to contribute more to the company, whether now or in the future.”

Such a delicious cake can naturally eat one more bite and eat one more bite. Moreover, your own franchise can also help Google avoid many detours. It’s great to try again! (To be continued.)

:
Chapter completed!
Prev Index    Favorite Next