The Era of Magic Technology

Chapter 34: Negotiating with the Giants

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Taking a look at Li Chengfeng, one of the biggest reasons Wang Xiao hired him at the time was to borrow Baidu's connections. After all, if you can borrow Baidu's resources at the beginning, it will definitely be a great thing for Maneng Technology Software.

Wang Xiao shook his head at Li Yanhong, and said with a smile: "Manager Li and I also have a cooperative relationship. Mr. Li is here this time to buy our company? Can I hear what Mr. Li thinks?"

Li Yanhong and Wang Xiao sat down together, and said bluntly: "Yes, I personally used your company's products yesterday, which surprised me. I really didn't expect that we could develop such a technical thing in China. Assistant is the best voice-activated software I have ever used. You must have some understanding of the market, so I will not belittle your software on purpose. I am very sincere in coming here this time, since someone has already valued your company at two One billion in shares, then I will invest 2.5 billion in a wholly-owned acquisition, all in cash, or exchange equity with Baidu."

If it is an equity swap with Baidu, then Baidu will make more money; because Baidu has a higher market value, it can annex Magic Technology with a very small amount of equity, without consuming a lot of liquidity.

Zhou Weimin, the investment consultant in charge of the negotiation, gave Li Yanhong a wink, indicating not to be so direct, and then said: "Mr. Wang, although your company's software is good enough, it has not passed the market test..."

Wang Xiao interrupted Zhou Weimin's speech with a wave of his hand, shaking his head and said: "My stuff has not passed the market test, so I have not accepted investment. If you want to invest in Baidu, it must be very promising. Why not wait half a month later Let’s talk about our company’s software after it’s officially launched?”

A trace of disappointment flashed in Li Yanhong's eyes, knowing that this time the negotiation would definitely fail, and Wang Xiao's knowledge and confidence exceeded his imagination. He thought that with the 2.5 billion in cash, some people might become unconscious and trade with him. This was also his only chance to win the magic assistant in advance.

If the Magic Assistant goes on the market and causes a sensation, will there still be a chance to eat alone?

Obviously there will be none at that time, and the major Internet giants and even foreign high-tech giants will definitely take action. No one in this world is a fool who will not see good things!

Li Yanhong was a little worried about gains and losses, and asked: "Mr. Wang is so confident?"

Wang Xiao nodded: "If an entrepreneur has no self-confidence, the probability of failure is close to infinite. When Mr. Li founded Baidu and became an Internet giant along the way, didn't his confidence and hope support you to persevere at the beginning?"

Li Yanhong's expression became serious, and he didn't speak, because he really believed in Baidu's rise back then, so even when he couldn't pay his salary, he never thought of selling Baidu.

Wang Xiao continued: "Brother Li from our company should have talked to you about cooperation. Baidu's mobile software assistants don't have a high share in the app market. You have also tested our company's products. You should know Market prospects. Our cooperation is definitely a win-win result.”

Li Yanhong was noncommittal about this.

Li Chengfeng said in a timely manner: "Actually, yesterday afternoon I received a call from Pain, wanting to cooperate with us."

Pain News did indeed call, after all, there was a reporter from Pain Technology at Maneng Technology's press conference half a month ago, and they even interviewed Wang Xiao, but the interview draft has never appeared yet. Tongxun is also optimistic about Magic Technology, and proposes cooperation, wanting to see the products of Magic Technology.

Li Chengfeng didn't refuse or agree at that time, so he waited until he saw the negotiation with Baidu. Releasing this kind of news at the right time now can increase the bargaining power.

Li Yanhong really frowned. He felt the pressure when he heard the pain news, nodded and said: "Cooperation is not impossible, our Baidu has an absolute advantage in the domestic PC and mobile search markets, pain news in this respect Not as good as us. If we want to cooperate in depth, then I want the exclusive authorization of the magic voice assistant..."

Wang Xiao chuckled, looked at Li Yanhong, a domestic tycoon, without showing any weakness, and said calmly: "One month, if Baidu is sincere. I will give you an exclusive authorization for one month, and it will be impossible if it lasts longer."

Li Yanhong's eyes flickered with halo, he shook his head and said: "One month is too short, I want an exclusive license for five years. You don't need to pay a cent for advertising during this period, and we Baidu will spend as much resources as possible to help you promote and achieve a win-win situation."

Both Li Chengfeng and Zhang Xuewen shook their heads lightly at this. This would almost kidnap Mana Technology to Baidu, so they definitely couldn't agree.

"It can only be one month, and it will be impossible for it to be longer. This is because our company has just started, so we will give you the exclusive authorization of Baidu. In the future, any products of our company will not accept exclusive authorization, no matter how long the exclusive authorization is." There will never be any more."

Wang Xiao said in a confident tone, and also expressed his determination not to give in.

Li Yanhong fell silent all of a sudden, looked at Wang Xiao carefully, and frowned, obviously thinking about the pros and cons of cooperation.

The others also fell silent, watching the exchange of words between the two. Li Chengfeng even developed a little admiration for Wang Xiao. He had worked in Baidu for several years, but he still dare not talk to Li Yanhong like that, let alone put forward such harsh conditions to Baidu.

The other people in Mana Technology watched anxiously, fearing that Li Yanhong would refuse, and then have a deadlock with Mana Technology. If Baidu takes action to suppress Maneng Technology, with the energy of this Internet giant, it will definitely be a huge blow to the fledgling Maneng Technology.

Only Wang Xiao had a determined expression, as if he already knew the answer.

Finally, after ten seconds, Li Yanhong nodded slowly, his eyes flickering, and said calmly: "Okay, one month is one month. However, I want to sign another contract, and you have to promise me that if you can When technology needs financing, at the same price, we, Baidu, have the priority to invest in equity.”

Wang Xiao thought about it, and there was no loss to herself, anyway, anyone's money is money.

Immediately, he stood up and shook hands with Li Yanhong, saying, "It's a pleasant cooperation."

Li Yanhong also smiled and said: "It's a happy cooperation."

Wang Xiao took a look at Li Chengfeng and said to Li Yanhong: "The general manager of our company will discuss the specific details of the contract with you, and just ask me to sign it when the time comes."

Li Chengfeng nodded to show that he knew, and a trace of excitement flashed in his eyes.

Mana Technology has finally taken its first step.

After reaching a cooperation agreement with Baidu, it is equivalent to having a backing and guarantee.

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