Chapter 940 Thirty years in Hexi
Chapter 940 Thirty Years Hexi
The home appliance business of GM was jointly taken over by Alcatel Mobile Phone and Panda TV. In the future, various home appliances such as washing machines, dishwashers, and baking machines produced by GM Appliances can have three kinds of brands. The logo of General Appliance.
Although it has to pay a brand authorization fee to General Electric every year, it is definitely worth it. General Electric Appliances is an “old brand” in America, and even in the recession, the recognition is quite high.
Directly using the brand of General Electric Appliances can avoid the risk of crazy advertising to open up the market.
Coupled with the brand of Panda TV and Alcatel mobile phone, it can be used in conjunction with playing cards. One product has three grades of ordinary, mid-range and high-end products for users to choose from.
As the person in charge of General Electric Appliances, Mashutes is also crazy about revitalizing the American home appliance industry, revitalizing the glory of the American home appliance industry, and bringing the American home appliance business back to the 20th century, when the whole world bought American production The era of TVs, radios, and record players!
Shouting slogans on his lips, Mashutus moved all the production lines of General Electric Appliances, no matter how he did it, the slogans must be shouted anyway.
As long as the slogan is loud and the public relations fee is high, no one can question Mashutes’ words, and he is not alone in doing this. The major manufacturers in America have already started playing tricks.
Why is Detroit, the city of automobiles in America, getting worse and worse? It’s not that Ford, General Motors, Chrysler and other brands of auto giants have moved their production lines and put them in Mexico, Eastern Europe, Asia and other places. Their slogans are still Not equally loud.
Google headquarters, Excite President George Bell and several executives sat quietly in Google’s conference room, like lambs waiting to be slaughtered, waiting for the executioner’s choice, but there was nothing they could do.
Once upon a time, Excite’s board of directors and executives still claimed in internal emails to employees that within three years, Excite would become one of the top ten Internet companies in America, and become a giant company like ICQ and Yahoo!
Excite also merged AtHomeGorp with US$6.7 billion before, forming the top two search giants in America. At that time, Yahoo was the leader in the search industry, but that was also the most glorious time since Excite was established.
But Feng Shui takes turns, who would have imagined that Excite’s prosperity was just a flash in the pan. When Yahoo broke its arm and outsourced its search business to Google, Excite thought their opportunity had come, but who knew it would be a mudslide!
Without the slightest precaution, Excite spent the last penny of his pocket in order to merge AtHomeGorp. When the Nasdaq crashed, the stock fell into a dog and could not be sold, and the issuance of stocks could not make money, and the issuance of bonds was unsubscribed , When the bank not only refused to lend money, but asked Excite to pay back the money, Excite collapsed overnight.
Shut down the server, stop operations in Canada, England and other places, and then dismissed 900 employees. The entire Excite has less than 1,500 people. This is almost a knife to the main artery. This is not enough. Continue to lay off some employees. If no one invests in Excite, then George Bell himself will probably be kicked out, and the entire Excite will basically close down…
Excite is basically the status of the entire Silicon Valley Internet company in the past year. High-rise buildings, banquets, and building collapses. If you are lucky, you will make money by running ahead of time. If you are unlucky, you can only wait for death, especially The founders of Silicon Valley companies are now going bankrupt one after another. How could Silicon Valley venture capital firms and Wall Street let them go.
The founders of countless Silicon Valley companies, who bought luxury houses, sports cars, yachts, and private jets by cutting leeks, are taking them away bit by bit from Silicon Valley venture capital companies and Wall Street institutions. Help the big players, Wall Street institutions and Bank of America will not admit it anyway, they have to get some back more or less!
It looked like George Bell, who was about ten years old, sat there with a look of old age, especially when he thought that the acquirer he was going to meet today had been humiliated by him, and even sent him to his door, seventy-five The purchase price of 10,000 dollars, which George Bell is unwilling to offer Google.
Thinking of the next scene, George Bell’s face became even more sad. The other Excite executives were all uneasy. They all knew the grievances between Google and Excite, and they didn’t know how Google would concoct it. them!
Excite doesn’t want to sell himself to Google either, but what is the Internet industry these days, people are trying to get by by tightening their belts. Even Yahoo, the landlord, has no money left. The new CEO of Yahoo, Semel, is going around raising money. Not on Excite.
Even if there is a company with a little interest, after inquiring about the black history of Excite and knowing that they are rivals with Google, they lose interest in an instant, and even delete their business cards and emails, for fear of getting bad luck!
Are you kidding me? Bruno is the most prosperous Internet industry now. Which company is willing to take the risk of offending Song Yang to acquire Excite? !
Going around, when facing bankruptcy after Christmas, Excite can only be delivered to the door, begging Google to acquire it. Before the Nasdaq collapsed, Google got Song Yang and KPCB Venture Capital to smash it. The huge amount of US dollars, and backed by the North American Global Investment Foundation, is not short of money at all!
There was a sound of footsteps outside the door, and then the door of the conference room was pushed open. George Bell didn’t dare to neglect, and quickly led a group of executives to greet him.
Irene, dressed in business attire, brought Larry Page, Sergey Brin and other Google executives into the conference room.
Irene, who was wearing black-rimmed glasses, looked at George Bell. George Bell, who was being watched by Irene, lowered his head slightly unconsciously, taking care of his body. For so many years, Irene has been in a high position , the ICQ empire, which has been in charge of a market value of more than 300 billion US dollars, now naturally has absolute momentum when facing people like George Bell.
“George, this is Irene, the current CEO of Google. I don’t think I need to introduce you. You have seen Larry and Sergey!”
Coming with him, KPCB partner Khosla, who led the investment in Google, said to George Bell with a smile on his face.
Seeing the groveling in front of him, he was careful not to offend Google’s George Bell, and Khosla couldn’t help but feel a little “heartache” for his old friend. Of course, it was only for a few seconds, and the rest is just fortunate. George Bell When asked to choose between Excite and Google, Khosla made the right choice!
At the beginning, Khosla asked KPCB Venture Capital to exchange 100 million US dollars for 10% of Google’s equity.
Now Google is already the largest search giant in America, with a market share of more than 73%, and it is almost dominating one company, including Microsoft MSN, IE browser, Yahoo, and a large group of ICQ and Snow in the Bruno gang camp. Leshan online game platform, PayPal, ebay, Amazon, Wikipedia, Firefox browser, etc., all use Google as the “default” search engine.
Alcatel mobile phones and Apple computers even set Google search to the factory settings, that is, when the user turns on the mobile phone or computer to use, it will be Google search, and the Symbian system will also be equipped with Symbian mobile phones, and the unified default is to use Google. search engine.
Google’s Google has been soaring for a long time. In the current downturn in the Internet industry, KPCB Venture Capital, Goldman Sachs and other Silicon Valley venture capital and Wall Street institutions still blow up Google’s valuation to more than tens of billions of dollars. If the time goes back to a year ago, Google’s valuation is estimated to dare to blow out more than 50 billion US dollars!
Khosla even heard rumors that in order to restore Nasdaq’s vitality as soon as possible, Silicon Valley’s venture capital firms, Wall Street institutions, the Federal Securities Commission and other institutions are preparing to “make gods” again. Google is their chosen target, and even urged Go public with Google!
Khosla’s investment will definitely not lose money. It depends on how much KPCB can make from Google in this wave.
“Larry, Sergey, nice to see you again!”
George Bell took the initiative to reach out to Larry Page and Sergey Brin, with a flattering smile on his face, as if he hoped that they would let him and Excite go.
“Neither did we think of it!”
Looking at George Bell in front of him, Larry Page, who still wanted “revenge” before coming here, was disappointed, and when they were about to fight a life-and-death duel with boxing gloves on, the other party suddenly knelt down, There is no happy feeling, just a dull feeling…
Irene glanced at Larry Page and the two of them, and saw that they didn’t seem to want to return George Bell’s ridicule to them, and they weren’t going around with George Bell.
“300 million dollars, Google can buy Excite!”
(end of this chapter)