Zhou: 360 will not be out, should be "I quit."

Recently, Sohu, Sogou and Tencent reached a strategic cooperation agreement, Tencent to Sogou injection 448 million U.S. dollars, and its Tencent search business and other related assets into the Sogou. After the deal was completed, Tencent gained a 36.5% per cent stake in the dog's total dilution and increased to around 40% in March 2014. Before this, the outside world thought "the Tiger swallows the dog" several is a foregone conclusion.

Today, Qihoo 360 in the competition for Sogou to defeat is one of the topics. For the competition to buy Sogou defeat, the client of Qihoo 360 founder and chairman of Zhou and Sogou CEO Wang Xiaoquan What is the view? "Chinese entrepreneur" magazine reporter tracking Sogou is the acquisition of the incident, the Zhou, Wang Xiaoquan and acquisition of the parties close to the interview, for you to solve the case of the acquisition of Mystery Dog. Today, we first launched the Qihoo 360 chairman Zhou to the acquisition of the feelings of the event.

Zhou: "I quit."

Qihoo 360 is the one to buy Sogou, but in the scramble for Internet access, Zhou is always a dreaded opponent. Even 360 of employees are joking about dividing the internet into two groups, 360 and its small partners, and the enemy of their gnashing of teeth.

360 staff natural Identity Zhou in Sogou case "active give up" said, two company temperament difference is too obvious, if according to the original plan, Wang Xiaoquan and Xiangdong position equal President, integration and increase resistance, team fusion is almost impossible to complete the task. One argument is the first to buy Sogou rumors, 360 of employees do not believe that the capital out of profit for the release of information, until July, 360 company CFO Xu Zuori in an interview with Reuters admitted that they are in contact with the dog, they really believe.

Lost Sogou, perhaps 360 more is not reconciled, the body may not have the outside imagination that "pain." Search is only a fruit on the roots of a developed plant, safety is the ultimate 360 bottom line. browsers, search, and all future new products are "long" from safe products. 360 position in the field of security is absolutely unshakable. Zhou always called himself an entrepreneur, but compared to the same volume, 360 of the more frugal, regardless of the anniversary of the search products, or "Matrix" starring Keanu and Zhou 祎 dialogue are held in the new office, but the 2013 Internet security conference venue set in the National Convention Center, three days, Extremely grand.

According to this logic, and then listen to the old week how to say Sogou, its meaning from broken.

There are a lot of rumors and speculation about Sogou, and some people say my face is green. Very simple, we do and Sogou talked about, then Sogou and Tencent, Baidu are talking, several cross talk. We and Sogou not talk about the collapse, is I quit.

Why do we give up? The reason is slightly complicated.

First, the Tao is different from the other, the acquisition of the idea of mutual recognition. Frankly, Sogou from the 2004 development period count up to now a full ten years, 360 do search before Sogou known as the second, but to Baidu has no effect on the search market more and more concentrated, more and more monopoly. The share of the last 360 searches has gone to 20%, and I want to make it happen. Made to change this pattern, the monopoly of the market break. This is a priority objective. For this priority goal, I would like the company to issue shares, dilute my stake, Sohu Zhang Zhang can become an important shareholder, many founders are unwilling to do so.

Ogawa is different from me. He may prefer to control the company now, with more power of speech. Sogou also has a large shareholder of 80%, so he would like to find a major shareholder in and Sohu hedging, so that two big shareholder is equal, finally he can have the biggest right of speech. Of course, if and to 360, from a major shareholder to another major shareholder, the situation has not changed. So everyone's sense of the pattern is not the same, said the straightforward point, for Ogawa to be able to overturn Baidu, the search engine (pattern) break is not the first purpose, the purpose is to control the right.

The second is the conflict of values. 360 in Search can quickly win 20% of the share is not entirely dependent on the power of the channel, things do not do well, channels and strong users will not be used. Therefore, we and Baidu competition must form a difference, Baidu search engine because of excessive commercialization and auction ranking mechanism, medical ads more, accounting for the proportion of income to 30%-40%. I do not want to earn this money, we have publicly announced that we do not receive medical advertisements. In turn, compare Sogou, if the product is not better than Baidu, cleaner, and after the hair, why do you surpass Baidu?! Ten years to make such a share is very important because there is no difference with Baidu.

This has a big problem, if we merge after the Sogou continue to maintain medical advertising revenue, then I will be equal to their own face. When we take over, we must give up the income. But Ogawa wants independence, not only independently responsible for the product, but also independent of the revenue, the revenue is lost he is of course more insecure. So there is a clash of values on this. These two conflicts make it difficult to talk about.

Third, gossip and some invisible people are involved. I do not know who, suddenly put out a lot of wind, such as the team to run away, a giant prepared a 200 million of dollars in the door, such as a search giant said, come on, join us, in addition to the CEO does not give you, other places can give you.

Lao Zhang in the press conference said a word, I feel a little bit against my own, he said if the Sogou to 360 is to the Sogou crushed. This is half right, old Zhang into 360 of the majority of shareholders, that support 360 what's wrong with it? According to the original plan is most advantageous to Lao Zhang, but not the most advantageous to Ogawa.

In my opinion, any market share is false, because the market share is also made by people. As long as I agree with Lao Zhang's request, because the most important thing to buy a company is to collect people, collect the team. The big shareholder of the company is Lao Zhang, I can continue to do. But if you keep going down, the team could crash. When you're 2 billion, you buy a company, and someone takes one-tenth of the money and digs it out, which is a bargain.

I can also drag people to talk, I do not ally with you, I do not want to let others and you allied, but to Sohu I can not use this strategy. And Lao Zhang know so many years, Lao Zhang in a lot of key time to survive me, the 3Q war when I was a bit. We can all add a limit to the team in the takeover, but who is the Biggest Loser? It's old Zhang. If I and Lao Zhang continue to push, this kind of tear child like two people Rob children, dare to tear the last man will win.

All the transactions, the eventual success will depend on the integration of the team and so on, to my EQ and IQ, Tsinghua Engineering male or I this cock silk more complex. Although there are many ways to retain the team can be used, the giant said 100 million, 200 million U.S. dollars to dig people, we can afford the money, but finally my judgment is that the company old Zhang is not control, I find the wrong negotiator, and then we give up. So I negotiated with Lao Zhang, had to be friendly to say forget, finally I said that this company is not surnamed Zhang. That's what I mean.

I now see Zhang Chaoyang, see Sohu CFO Yuchuyan, I think can frankly face them. I am worthy of you, I did not use dark means to delay you or to dig your team. In other words, Ogawa's purpose has been achieved, he has taken care of old Zhang. I'm not surprised to hear that, when I hinted at the Internet conference, why don't you guys understand? And I think we're both good friends! They let me predict, I say, Tencent will make a deal that is valued at 3 billion dollars this year. I already know, why do everyone say I heard the news face Green Ah, I only feel surprised that the price is too low. Before the Sogou only a shareholder's time Zhang is uncertain, now come more shareholders, do you think this company Charles Zhang still have a say? So he bet on one, "Sogou + Tencent" soon to kill 360. But if not kill 360, Sogou what product is not, then two years you say this company what?

Actually originally I gave Ogawa to do the deduction, I said Ogawa you are mistaken a bit. You have not had a fierce dispute with Baidu, because you have never succeeded in making Baidu feel threatened. Today, if not 360, Baidu does not bird you, this is the greatest contempt for you. Baidu every day to find someone black me, only to show that it is afraid. If you have the opportunity to enlarge the share, all the things that Baidu did to me today will hit you, you can not afford to carry it.

Second, you go to Tencent, no problem, but Tencent is not to do search, but to let you hit me. There are two possibilities. The first is that you shot me, but really, I'm dead when you two merge? Do you believe that? It's going to take years to kill me. Fight with me to the utmost. If you don't knock me down, you'll have a break. But at this time Baidu development where, you Wang Xiaoquan know? Even if you kill me, it's 35 later. At that time, PC search There is no know, then Baidu, Tencent has been absolutely dust and go, this is called abandoning the son, this is called "Assembly number"!