Jasper knew that Yahoo was going to use their search engine.
He also knew that this partnership would help Google gather a large amount of technology and data, which would help them completely perfect the Google search engine.
Yahoo had only agreed to this partnership because they did not believe that the search engine domain would be a big profitable market. They merely saw the search engine market as a small direction for composite dot-com enterprises to gain more technology.
The fact that Google was willing to provide their technology for free meant Yahoo did not have to form a team of technicians to research search engine technology.
As such, it was already too late by the time Yahoo realized how search engines would become the gateway to the entire internet.
By that time, Google’s technology would already have been completely perfected and no matter how skilled Yahoo’s team of technicians was, there was no way for them to surpass Google’s technology in such a short time.
Not to mention that Google would already have taken a majority of users and market share, so they no longer needed Yahoo anymore.
Humiliated and angry, Yahoo then cut Google off. Not that Google minded, as their company became independent.
Thus began the rise of Google and the fall of Yahoo.
“I’m willing to continue investing,” Jasper replied.
Both Page and Brin were shocked by Jasper’s words.
“What are your requirements in return, Mr. Laine?” Page asked carefully.
Jasper smiled meaningfully. “From what I can tell, Google won’t need any other shareholders excluding the three of us. So I’d like at least 70% of the shares.”
Both Page and Brin frowned at that.
The duo had sensed the same thing on Jasper as they had on Morrison… Greed!
“But I will not interfere with the day-to-day operations of the business, nor will I interfere with your managerial rights,” Jasper explained unprompted as if understanding Page and Brin’s concern.
Page and Brin gasped. “Really, Mr. Laine?”
Jasper shrugged and replied, “We’re talking about a large business transaction here and I have no reason to joke about this with you. Of course, to ensure my interests, you will have to accept my requirement to control the company’s financial rights.”
Page nodded. “Of course, but your required percentage is too high.”
Jasper sipped on his coffee and smiled at Page.
Page took a deep breath and came to a tacit understanding with Brin through eye contact. He said, “It’s 70% of the shares, after all. That means we’ll have to kick the other shareholders out and minimize mine and Brin’s percentage. This… is costing us a bit too much.”
“Whether it costs too much or not depends on what you’re getting in return.
“For 70% of your shares, you will receive 150 million US dollars. I promise that the first 100 million will be transferred on the day we sign our contract and the second batch of 50 million will arrive after six months.”
Jasper’s words sparked Page and Brin’s ambition.
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