170 Rejection
Zhou Yujie did not refuse directly, but instead smiled and said, "Mr. Li, if Google came to acquire Baidu when you first started your business and had some achievements, and asked you to be the president of Google Greater China, what would you choose?"
Li Yanhong frowned and glanced at Zhou Yujie. He understood the meaning. Zhou Yujie's ambitions had already been compared.
"In fact, many things in the future are coincidentals." Li Yanhong said with a smile without any other performance: "Just let's talk about the current three Bat giants, at the beginning of their business, Ma Yun, Ma Huateng or me, no one would have thought that we would have such a status today.
With Mr. Zhou’s current achievements, there is indeed a bright future, but I still say the same thing, Mr. Zhou, you choose social networking, and this path is not easy to go. This involves the core lifeline of Teng Xun. It would be fine if Quxin only stays on the mobile terminal. If you enter the PC terminal in reverse, it is probably not impossible to break out another 3Q war."
Zhou Yujie thought for a while and asked, "Mr. Li, it depends on what you mean. If you acquire Quxin, the ultimate goal is to divert Quxin to the PC?"
"Of course." Li Yanhong nodded and said: "Mobile terminals are more convenient than PC terminals. Didn't you, Quxin, grow up by seizing this opportunity?
However, the mobile market is still too small, and it is difficult to drive traffic and make profits and cannot be monetized. If you only stay on the mobile terminal, even if you gain users across the country, Internet companies will eventually make profits.
But as long as the Quxin users made on the mobile terminal are diverted to the PC terminal, all Tengxun’s mile mode Quxin can be copied directly, which is definitely a huge profit.
It’s just that it’s difficult to divert Quxin users to the PC side. PC users have long been accustomed to QQ. Quxin has a chance, but they also need a backup with strong traffic on the PC side, and a backup with traffic comparable to Tengxun.”
Li Yanhong looked at Zhou Yujie with a chuckling, and the meaning was already very obvious. Without Baidu, you Quxin can only play on the mobile terminal.
Zhou Yujie smiled and asked back, "Mr. Li is so unfavorable to the mobile Internet market?"
Li Yanhong frowned and said, "It's not that important. Now mobile Internet users are increasing at a rate of hundreds of thousands every day, but they still don't see a profitable way. The screen is too small, not suitable for advertising, too poor configuration, and not suitable for complex games. Even if it's too small for Alibaba, it will seriously affect Taobao's revenue.
Moreover, the current traffic is too expensive. The current mobile Internet market is more suitable for social, simple stand-alone games and other businesses."
"What Mr. Li said is indeed reasonable." Zhou Yujie said with a smile.
No wonder later Baidu completely declined in the mobile Internet era. In addition to the fact that the APP settings of the mobile terminal itself are very unfriendly to search engines, the team led by Li Yanhong also does not care about the mobile terminal market at all, but only regards the mobile terminal as a supplement to the PC terminal.
Among the three giants of bat, each of them almost missed the dividends of the mobile Internet. Tengxun also made WeChat because of Zhang Xiaolong. Otherwise, MiTalk could unify the mobile Internet market.
Alibaba only launched the Taobao APP in 2013. If it were other fields, it would have been defeated by mobile Internet entrepreneurs. The reason why there are no challengers is that shopping is not just an online service. Millions of offline merchants have become Taobao's moats. In addition, the control of the logistics industry and payment software has smoothly transitioned to the mobile terminal.
The ticket Alipay in Alibaba’s mobile Internet era actually relies on the accumulation of the PC era, not innovation.
The real upstarts in the mobile Internet era are actually Byte, Meituan, Didi, ofo, Ele.me, Xiaomi, etc. No matter whether they succeed or fail in the end, they are all the most dazzling groups of people.
Teng Xun and Alibaba were able to become giants in later generations because they were actually God's will, because they monopolized the market very early and converted it into capital.
Li Yanhong smiled and said, "However, I guess in ten years, the mobile phone hardware will come up, and the mobile terminal may really surpass the PC terminal. But in ten years, the changes have been too big for the Internet.
Mr. Zhou, you are a very capable entrepreneur. Shake it. Quxin’s cooperation with Meituan this time is extremely powerful innovation, which is amazing.
But in the Internet era, traffic and capital are the foundation. Tengxun is now negotiating with Lashou.com. As long as the acquisition is successful, then the huge amount of funds and traffic will be suppressed. Mr. Zhou thinks Quxin has a chance of winning?"
Zhou Yujie asked back: "Mr. Li, if Baidu acquires Quxin, how can he deal with the offensive of Tencent and Lashou? Should Baidu continue to cooperate with Meituan, or should he acquire a group buying website by himself like Xue Tengxun?"
Li Yanhong frowned and said, "I know Wang Xing from Meituan, too. It is unlikely that they will acquire Meituan, unless they are at the end of their lives.
If Baidu acquires Quxin, I will find a way to acquire Wowotuan. Our Baidu itself is also one of the shareholders of Wowotuan, but compared to Teng Xun's time-wasting behavior, I will fight quickly, even if I win it at a high price, as long as I can save time."
"I understand." Zhou Yujie smiled and said, "Mr. Li, thank you for Baidu's kindness, but Quxin will not be sold, so this time it will focus on financing."
Li Yanhong didn't care and continued: "Mr. Zhou, US$2 billion is not a small amount, and there is also Baidu's stock. Baidu's current market value is US$40 billion, but I believe that in 10 years, it will not be a problem to double four or five times.
I know you have several other software on your hands, and if you want, I can bid another $100 million to acquire Toutiao and AppTrea.”
"One hundred million US dollars?" Zhou Yujie was stunned. Quxin was valued at $500 million in more than three months, but unexpectedly, in Li Yanhong's eyes, Toutiao AppTrea is only worth $100 million, and it seems that he has taken advantage of it when he speaks.
However, thinking about the 14 years later, Zhang Yimin from Toutiao went to 31 companies in a month but failed to raise funds, and almost went bankrupt, which is enough to show how disdainful the capital has towards the content industry.
Li Yanhong proposed this million US dollars, probably because AppTrea has already become the first trend.
Zhou Yujie arranged the distracting thoughts in his mind and asked with a smile: "Mr. Li, how much do you spend a year? In terms of life?"
Li Yanhong was stunned for a moment, not understanding what Zhou Yujie meant, but he still replied: "The cost is not much, usually one million is enough. The security may be higher, but the company is responsible for this."
Zhou Yujie smiled and said, "People like us have actually been financially free for a long time. Direct cash does not mean anything to us, because as long as we are self-disciplined, we may not be able to spend 100 million in our lifetime. Even if we buy private jets, yachts, super luxury goods, etc., it is just a expense.
For me, I set up a company and started a business in the Shanghai Stock Exchange for a business, not to become an employee of Baidu, Alibaba or Tengxun. That would be too boring.”
Chapter completed!