Chapter 244 See me, you can see the future(1/2)
In the garage, Larry Page was discussing the future of the company with his partner Sergey Brin with a serious face: "Man, I think it's time for us to discuss the next development issues."
In August, Google was founded as a private equity company. The two received $100,000 in angel investment from David Filo, one of the founders of Yahoo, and then pieced together funds from family and friends.
After raising a million US dollars in start-up capital, we finally embarked on a prosperous entrepreneurial journey.
But after two months, all the money had been burned, and Google's funds were in a dilemma.
Sergey Brin is deeply worried about this: "We really need to talk about it. You know, our idea is very cool, and it has even attracted the attention of many investors, even two large investment institutions, Sequoia and KPCP.
Everyone is optimistic about us, but listen to me man, we have to find a way to get the money, otherwise we have to consider selling shares."
Both of them are graduates of Ivy League schools and have excellent IQs, so they both see how broad the future application prospects of Google's search engine are on the Internet.
Today's Internet is mainly used by business elites or a group of programmers with a very high baldness rate in the industry. However, the emergence of portals has shown that with the popularity of computers, more and more ordinary people have begun to choose to surf the Internet.
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At this critical juncture of change in the era, whoever can seize the opportunity to meet the Internet needs of ordinary computer users will be able to take the lead in the "new world" that has just been opened up by the Internet, and then control the future.
Just like in the Age of Discovery, those countries that were the first to discover and land in the New World could harvest wealth like wheat, become famous, and even dominate the world.
Search engines are definitely the most critical link in the future Internet industry, because they are the easiest channel for ordinary people to obtain information from the Internet.
As long as we master this channel, Google’s future is limitless.
The Google search engine is great, and the two have strong technical skills, so they have received rave reviews online. There are many people using Google, and there will be more and more people using it.
But now there is a small problem that bothers Larry Page and Sergey Brin, two young Silicon Valley technology geniuses - Google doesn't make money.
Yes, Google still has no way to make profits so far. All its businesses are purely burning money. Among them, just renting servers and broadband is causing losses every minute and second.
The funds they finally managed to raise and borrow are almost at the bottom.
The two knew that what they were making was cool and that it would definitely change the world, but the problems they faced now were very real.
It's like the person on the opposite side wants to hit you. Even though you know how he punches and how hard he uses it, you can't avoid it.
One word, frustrated.
The two people knew that this technology could change the world, but they didn't know how to use this technology to make money.
Some people are suitable to be scientists, while others are suitable to be businessmen.
Unfortunately, neither Larry Page nor Sergey Brin have yet awakened their business talents.
Sergey Brin thought about it, and finally persuaded his partners: "I know you don't want to, but if we don't sell some equity now in exchange for the company's development, the company may not be able to continue.
By that time, the equity in our hands will be worthless."
Larry Page thought about it and realized that this was also the case.
In magical America, there is never a shortage of wonderful ideas.
Creative geniuses are everywhere, but successful people are rare.
Although the two people are very confident in their creativity, other geniuses think so too.
It would be an exaggeration to say that it can be turned into a product.
So, now Google's purpose is clear.
That is to survive.
If you can't survive successfully, then everything is gg.
"I have to admit that what you said makes sense, but..."
Just when Larry Page wanted to say something, the phone on the table next to him rang a slightly harsh tone.
"Who would be calling at this hour?"
Larry Page picked up the receiver with doubts.
"hello?"
From the opposite side, a slightly immature voice came: "Hello, Mr. Page, I am Lu Yiming, the boss of Future Capital. My employees must have been in contact with you in the past few days, right?"
Larry Page has been annoyed by Li Yiwen in recent days. Although Li Yiwen is willing to invest, he doesn't even bother to think about it.
After all, in his eyes, Google is a company destined to be great, and his career does not need a rustic shareholder from the mysterious East. After all, the other party can no longer provide any other form of help except money.
Therefore, Larry Page was annoyed when he heard the words "Future Capital". After Lu Yiming reported his family name, he said impatiently: "I have already said, I don't need to invest now."
Faced with Page's bad attitude, Lu Yiming still smiled, and his tone of voice was even more confident: "Mr. Page, are you sure you don't need it? As far as I know, Google should be short of money at the moment. You guys
There is no profit model. Even if the future prospects are great, you have to think about how to survive first, right? How about I pay twenty times the price?"
Google's initial investment was only a million dollars in total.
Twenty times, that is, Lu Yiming is willing to acquire Google's shares at a valuation of 20 million. This is definitely an "appalling" price increase for a company that has been established for less than three months.
However, Larry Page chose to refuse without hesitation.
"You're right, we at Google do need money, but Mr. Lu, we don't need your money."
Larry Page obviously has a clear plan for Google's future. He is not the kind of novice who rushes into starting a business and is open to investors.
Google does need money, but Larry Page has long made up his mind that he will never sell himself to investors casually. What he needs is a shareholder who can provide Google with various strategic values, rather than a shareholder who has nothing but money.
of Asian rhinoceros.
Obviously, in his eyes, Lu Yiming is such a bumpkin who has nothing but money. This is not in the interests of Google and cannot provide the value he needs.
Before Lu Yiming could continue speaking, Larry Page hung up the phone.
At the Bonin Hotel, Lu Yiming sat on the soft bed, looking out at the starry sky through the floor-to-ceiling windows with some melancholy.
Making money is really not an easy thing, especially when dealing with those smart entrepreneurs, it is even more frustrating.
If anyone in China were in Larry Page's situation and suddenly heard that someone was buying it at a price of twenty times the price, he would probably agree without even thinking for a second.
But Larry Page is obviously not an impulsive person. He has a shrewd mind and clearly sees the true value of Google.
So he wanted to wait a little longer.
But Lu Yiming didn't want to wait.
If you wait a little longer, Google will raise the price.
In my memory, by June next year, Google will receive an investment of US$25 million from Sequoia Capital and KPCB, two top venture capital funds, and will get out of its financial crisis and skyrocket.
By then, Google will become invulnerable, and it will be extremely difficult to become a shareholder of the other party.
Because of the support of capital giants behind it, Google will evolve into a complete entity, and its shareholders will all be various top financial institutions on Wall Street or the super rich in the United States.
At this time, Lu Yiming was not good enough to compete with such an opponent.
Therefore, for Future Capital, this is the only opportunity to acquire Google shares at this time. If it comes back, it is basically impossible. At most, it will go to the secondary market to buy some leftovers left by others.
As a reborn person, is it reasonable to go to the secondary market to pick up garbage?
Not reasonable at all.
Therefore, Google must be taken down before things are irreversible!
But, how to get it?
Lu Yiming thought about it carefully and suddenly had another idea.
He picked up the phone again and dialed Larry Page's number.
"Mr. Larry Page, or me, Yiming Lu of Future Capital."
When Larry Page received the call, he wanted to scold her, but after all, he claimed to be a noble race, and he really had no quality to scold. He took a deep breath and said: "Mr. Lu, I think what I just said has made a lot of sense."
Let’s be clear, Google doesn’t need your money.”
Compared to Larry Page's violent temper, Lu Yiming looked confident and calm at this time: "Even if Google doesn't need my money, Google definitely needs me."
Larry Page laughed angrily at Lu Yiming's words. He shook his eyebrows involuntarily and said in a joking tone: "Google needs you? Mr. Lu, I heard that you are in Xiangjiang now. According to the time zone, Xiangjiang should be now
It’s still late at night, right? Are you sure you’re not talking in your sleep?”
Although he was ridiculed by Larry Page, Lu Yiming was not angry at all, but nodded very seriously: "Of course I'm not talking in my sleep, I'm talking about dreams with you. Larry Page, I just
Let me ask you something – do you want to change the world?”
Larry Page scoffed again: "Yes, but what does this have to do with you?"
The corner of Lu Yiming's mouth curled up, and an expression of secret joy suddenly appeared on his face: "You want to know? Then come to Xiangjiang, and when you see me, you can see the future."
Larry Page was stunned when he heard this, and then became angry: "It's inexplicable. You are simply unreasonable. Don't call me again if you have nothing to do. I'm very busy. Not everyone in this world is as leisurely as you."
, mr Lu!”
In Larry Page's view, Lu Yiming is probably a spoiled rich second generation from the East, with his eyes set above his head, uneducated and ignorant, and only squanders his family's wealth to find some fun in his boring life.
He despises such people because he now lacks a rich father who can let him spend money freely.
Just when he was about to hang up the phone again, Lu Yiming's voice came again: "Want to know how to make Google profitable?"
It was as if a restraining spell had been cast on Larry Page, his hands hanging in the air, as hard as stone.
“Want to know how to make Google profitable?”
To be continued...