China Entertainment 1997.

Chapter 99 Investing in Penguin QQ

Chapter 99 Investing in Penguin QQ

After the first day of contact, formal negotiations finally began.

Although Gu Yunkai is not optimistic about Penguin's future, he can't stand Cao Xuan's insistence that he is a part-timer, so naturally the boss can do whatever he wants.

The content of the negotiation is very simple. It is nothing more than that Cao Xuan wants to pay less and take more shares, and Xiao Ma and the others want to pay less and more money.

After nearly two days of discussions, the two sides basically reached an agreement.

Brother Xiao Ma and others gave up 40% of the shares, which was the largest share they could take out after several discussions. No matter how much, the controlling stake of their founding team would be unstable.

Brother Xiao Ma and their 40% stake hope to raise $220 million.

This price is not a random price, but the result of repeated calculations by the Xiaoma team based on future needs.

In 1999, the exchange rate between the US dollar and the RMB was 1:8.27, and 220 million US dollars was equivalent to more than 1800 million RMB, which is by no means a small amount now.

Even though Cao Xuan was mentally prepared, his eyelids jumped. This Internet is really not for ordinary people.

Winning an infant penguin will directly consume more than half of the cash in his hand, which is too expensive.

However, Cao Xuan did not lower the price. After all, if there is less money, Penguin can't develop, and his money is wasted. Cao Xuan is still clear about which one is more important.

Moreover, in the original time and space, Penguin also sold 40% of the shares at this price, indicating that the cost calculation of Xiao Ma did not deceive him.

Besides, this is 40% of Penguin's shares, not to mention 1800 million, even if it is increased tenfold, it is also a bloody profit.

However, Cao Xuan still tried to work hard. He invested 2000 million, but the shares accounted for 45%. At the same time, he was willing to entrust the daily business of Penguin to the Xiaoma team.

Brother Xiao Ma and others hesitated. At the critical moment, Cao Xuan made another remark. He endorsed QQ for three years for free, and cooperated with the promotion of QQ.

Cao Xuan's condition made Brother Xiao Ma and the others shine.

They had previously wanted to let QQ bind Cao Xuan's fame. With Cao Xuan's current popularity, they can greatly spread the influence of QQ in a short period of time.

It's just that Brother Ma and the others have been embarrassed to mention this.

After all, in the business of business, even if Cao Xuan is the majority shareholder of Penguin, Penguin is not his own after all, and the cost of endorsement for QQ must be calculated separately.

With Cao Xuan's current reputation, the endorsement fee for a year is at least several million, which is not something that Penguins can afford.

But now, Cao Xuan exchanged 5% of the shares in the form of three years of speech + cash. I have to say, it scratched the itch of Xiao Ma and several others.

40% is also sold, and 45% is also sold. Anyway, there is still a controlling stake. After a few discussions, Xiao Ma finally agreed to Cao Xuan's request.

So far, Cao Xuan (Jiaoyang Venture Capital) has won 2000% of Penguin's shares with 45 million + three-year commercial endorsement, becoming the largest shareholder of Penguin.

Even if the second round of financing, listing, etc. continue to dilute in the future, the remaining shares will be enough to make Cao Xuan proud.

Cooperation is reached.

Cao Xuan was very happy, and Xiao Ma and others were also smiling. Even the employees with Penguin were very happy and their jobs were saved.

That night, Cao Xuan, the new major shareholder, contributed capital and invited all employees to dinner in the name of the company.

At this party, Cao Xuan not only started to show his face, and then gave all the exhibition opportunities to the Xiaoma team, so that everyone was grateful, but also let go of the hanging heart.

Holding 45% of the first shareholder, he is still a famous and well-connected star.

Brother Pony and the others are also afraid of being turned against by Cao Xuan, but now it seems that Cao Xuan has no such intention.

Several people really want to have a good relationship with Cao Xuan. With the full support of his major shareholder, everyone can single-mindedly grow Penguin.

Everyone was thinking about building a good relationship with Cao Xuan, but they didn't know that Cao Xuan thought so too.

QQ is not such an amazing software, at least for now, just find some team can get it.

This is also the reason why Xiao Ma is looking for investment, and many people are dismissive.

Therefore, the real value of Penguin is not QQ, but the founding team of Xiaoma. It is precisely because Xiaoma and others optimize, innovate and upgrade little by little that there will be a huge penguin empire in the future.

If Cao Xuan can establish a deep personal relationship with the core of these penguins, it will definitely benefit him immensely.

Therefore, Cao Xuan specially stayed in Shenzhen for a few days, while handling various contracts and procedures for financing, while actively cultivating relationship with Xiao Ma.

And Brother Ma and the others thought so too. The two hit it off and the relationship developed by leaps and bounds. Soon, "Brother Ma" and "Old Cao" began to call each other.

Even Brother Xiao Ma took the initiative to invite Cao Xuan to be a guest at his house, but Cao Xuan did not give in. He inquired about his family situation and came to the door with a gift.

At this time, the house where Brother Ma lived was a residential area. From the point of view of Cao Xuan, who owned several properties, it was indeed an ordinary family...

At Brother Xiaoma's house, Cao Xuan met Sister-in-law Xiaoma, but he didn't know if it was the latter one. After all, Brother Xiaoma hid too tightly, and Cao Xuan couldn't match the number.

As for the penguin princess Ma Manlin who [sends Q coins on her birthday], it's a complete rumor.

The girl in the online data was born in 92. Brother Xiao Ma had not graduated from college at that time. How could he have a daughter in his spare time? He even tweeted that he wanted to fall in love with Young Master Wang. door.

That night, the host and guests enjoyed themselves.

The little brother who drank a little too much and expressed his gratitude to Cao Xuan emotionally, thanking him for saving the penguin and himself.

Cao Xuan felt ashamed. After all, without him, there were other people investing behind him, and he didn't know what to say.

all in wine...

After the ordinary family gathering, Cao Xuan was about to leave the Shenzhen market, but Gu Yunkai didn't leave to help deal with the follow-up investment affairs.

Cao Xuan is only responsible for signing and cooperating with the endorsement promotion plan formulated by Penguin.

On September 9th, when Cao Xuan returned to the capital, the money in his pocket had shrunk by more than half, but his net worth had soared countless times.

If calculated according to the peak market value of Penguin, Cao Xuan's shares can easily make him the richest man in the world.

Unfortunately, it doesn't count.

Cao Daguanren's "dream of the richest man" is not only very far away, but he has to work hard to make money to return blood to his small treasury.

The last time I was in the magic capital, I was in the Shenzhen market a few days ago. I looked at the houses, but I was so greedy, I had to stock up on a few sets. I would go back next time, and there would be a place to stay.

Returning to Beijing in September, Cao Xuan is going to participate in the rehearsal of this year's National Day Gala.

This year is the [-]th anniversary, and the above attaches great importance to it, and specially held a number of evening parties. Cao Xuan, a popular brother in the mainland, was appointed to attend.

This is a great honor for Cao Xuan, and at the same time, it is also an official recognition for him.

As far as Cao Xuan knows, most of the people attending the party this year are members of the national team. Pop singers can be counted on one hand, and all of them are top singers in the Mainland.

From the late 90s to the early [-]s, many singers were dubbed as party singers, but in the industry, how many people wanted to go to the party could not get on the show.

Especially in major parties, if you can perform on stage, it proves that the official recognizes you, and the roots are right and seedlings are red.

No matter how high your business achievements are, even if you are an Asian king, you are only a singer, but if you are officially recognized, you are a singing artist, and your level is completely different.

 Thanks for the 10000 reward for being really ignorant, for being the four helmsmen of this book, thanks for the open-minded 2000 reward, Jin Yi 1500 reward, dig Fuwa 1500 reward, Lao Zhu is a skinny 1000 reward, Xiaoxian Bookworm 134's 1000 reward, it is difficult to name 1 Rewards for Patient 700, 500 Rewards for Ruilai, 500 Rewards for True Qingmang, 500 Rewards for Bubut Kulin, 20181114231752190 Rewards for Book Friends 500, 200 Rewards for Sleeping Monica, 20210804172051157 Rewards for Book Friends 100, Star Companion Moon 123's 100 reward, young hero walking slowly without giving 100 reward, book friend 20210804172051157's 100 reward, who doesn't have a net name 100 reward, book friend 20210804172055157's 100 reward, living like fireworks and flowers 100 reward, meteor rain season 100 reward, 100 rewards for Shu Zhenjun, 100 rewards for Dark Demon, 100 rewards for 100, [-] rewards for Krusin

  
 
(End of this chapter)

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