return to bolang life

Chapter 260 Integration and Marketing
Whether it is euphemistic or not, it does not affect that this is a question about the distribution of benefits.

Since Bolang intends to get involved in the Weibo business, he has already prepared an investment plan and investment model internally.

At what price to take the shares, a detailed reference and calculation has been carried out.

How many shares to take is Wen Liang's own judgment, and the reference value is no less than 10%.

Before mentioning this matter, Wen Liang had already read the summary information from all aspects, so he naturally had an idea in his mind, and without much hesitation, he said bluntly: "20% of the shares of the new company."

"We will devote resources to ensure that the Weibo business can be listed in the US as soon as possible."

Zhang Sanshi raised his brows lightly, the range was very small, and it was hard to notice if he didn't pay attention. Obviously, he was somewhat surprised by the gentle lion's big mouth.

20%, a full one-fifth of the share, so there is not much left for everyone.

Although the IPO will increase the number of shares issued, the ratio will never exceed the fixed number of 100%.

Even if the IPO is diluted proportionally, since this is obviously a pre-IPO financing round, the 20% ratio can be diluted very little.

Shen Nanpeng was obviously a little surprised by this number.

On the contrary, Liu Chiping, who raised this question, was not too surprised. He has dealt with Wen Liang a lot, so he can still get a little bit of Wen Liang's veins.

Yes, Wen Liang is a person who is very particular about cooperation and win-win, but this win-win also includes himself.

Otherwise, it is not called cooperation and win-win, but charity.

Considering that Bolang even needed to endorse Weibo’s US listing in this investment transaction, the pre-IPO round accounted for 20% which is not too much.

Therefore, Liu Chiping expressed his attitude: "We have no objection here. Bolang needs to spend resources to integrate the Weibo business. This is also conducive to sorting out resources and making the value more concentrated."

Zhang Sanshi and Shen Nanpeng exchanged glances without showing any emotion, and then Zhang Sanshi spoke first: "Let me coordinate with Director Cao of Sina."

"Let me coordinate the resources of all parties." Shen Nanpeng continued.

The two sang together, expressed their respective attitudes, and agreed with Wen Liang's proposal.

They have two plans.

One is to take advantage of Bolang's opportunity to invest in the Weibo business to unwind part of their shares. This is a last resort choice.

The second is to coordinate in the middle to achieve a balance of interests of all parties.

After all, to be honest, Wen Liang can take the initiative to propose to solve the Weibo business, which is very good news for them, and it is also a model case for everyone to make a fortune through cooperation.

As for Bolang’s expansion of Sina Weibo and White Goose Weibo, two sub-businesses that were originally valued at at least US$40 billion in one fell swoop, to the point where the total valuation of US$20 billion cannot even be negotiated. It's better to forget this kind of thing.

After all, you have to understand the vulnerability of Internet business.

Besides, Wen Liang is also serious about selling favors, at least he can rescue Hillhouse and Sequoia from the investment quagmire of Weibo.

As for who drove them into the quagmire in the first place, choose to forget it.

Who hasn't been beaten when they are away from home.

right.

Benefits come first. Benefits come first.

.........

That afternoon, Wen Liang walked into Sina Weibo with a few people swaggeringly.

Cao Guowei personally received him.

Mr. Jia will accompany you.

Mr. Jia, who met Wen Liang face to face for the first time, was in a very sad mood at this moment, and the smile on his face was very 'brilliant'.

Cao Guowei greeted warmly: "Welcome Mr. Wen to visit our company."

"Welcome Mr. Wen." Mr. Jia also said.

Wen Liang took the initiative to shake hands with Cao Guowei and Mr. Jia, and said enthusiastically, "Thank you, thank you Director Cao."

He also said: "It's the first time we meet, Mr. Wang, please take care of me."

Mr. Jia hurriedly said, "Mr. Wen, please take care of me."

About half a year ago, he also thought about crushing the damn Bolang Little Orange Book, and then strode into Bolang's office area to enjoy the fruits of victory.

However, today is different from the past. Bolang, who seemed to be easily crushed at the beginning, has become a giant in the Internet industry.

Any little sign of trouble can make people in the industry excited.

Mr. Jia couldn't be more clear about this in his heart.

Mr. Jia is more aware that it doesn't matter whether he feels sad or not in the current matter, the interests are the most important.

With the mediation of Shen Nanpeng, Zhang Sanshi, Liu Chiping and other capital, Bolang's investment in Weibo was quickly finalized a cooperation memorandum.

Sina Weibo and White Goose Weibo will be independent from the original company and merged to form Weibo Company.

The resources of the two parties are exchanged, and the product name of "Weibo" is officially launched without any prefix.

Wen Liang attended the internal merger ceremony.

The newly formed Weibo company is valued at 121 billion yuan after the investment, which is about 19.3 billion U.S. dollars.

All are happy.

That night, a group of relevant personnel hosted a banquet to celebrate Weibo's move into a new era.

…………

After the entertainment, Wen Liang returned to the hotel and listened to the summary reports of each team non-stop.

Yuan Shiya led the team and basically finalized the second group studio.

He is a returnee with a master's degree from the Federal Institute of Technology (ETH) in Zurich, who is good at computer system architecture.

On the other hand, Ma Wenhou has achieved a lot in his work.

If all aspects can be negotiated, the returnee will also share some academic and research resources with a certain university.

This is the big cooperation framework Bolang needs.

Copy the cooperation model between Bolang and Huagong, and use the academic and research resources of universities to achieve better results.

So far, things are going pretty well.

In addition, it is the recent progress of the enterprise development department. Because Bolang is willing to open the entry port of the [Massive Value] platform, many companies that feel qualified have taken the initiative to approach Bolang.

Some companies are not headquartered in the capital, and that didn't affect their enthusiasm.

Of course, the corporate development department also took the initiative.

The results did not show up so quickly for the time being.

After all, normal investment business will go through rounds of negotiations. Of course... If Mr. Wen is willing to step in, this process will definitely be accelerated.

Such as Weibo business.

But of course, Wen Liang would not show up for ordinary tens of millions of business or even ordinary billions of business.

…………

…………

On Saturday, Wen Liang took the initiative to invite Lei Jun to have a cup of tea together.

Lei Jun was very friendly and went to the meeting with Lin Bing.

On the contrary, Wen Liang was alone.

After the inevitable pleasantries, Lei Jun said with a smile: "Mr. Wen has done a lot in the capital this time. I heard that he has arranged a lot of business affairs."

In addition to the inevitable greetings, business bragging is also inevitable.

Wen Liang also had a smile on his face: "A little movement is due to the praise of all the bosses."

"Speaking of which, I really didn't expect Mr. Wen to be familiar with the investment field." Lei Jun boasted again.

Hearing this, Wen Liang hurriedly said: "I don't dare to be praised by Mr. Lei. No matter what industry he is in, Mr. Lei is my predecessor and idol."

"Mr. Wen is over the top." Lei Jun said in a calm tone.

Speaking of which, Boss Lei's experience was very exciting.

A young genius born as a programmer, he was the CEO of Kingsoft before founding Xiaosaoliang, and he had a profound influence on the domestic Internet industry.

In addition, Boss Lei is the first batch of angel investors in mainland China.

He has invested in a lot of companies, and the most prominent one recently is YY Live, which has already been on the road show, and it is basically finalized to land on the US stock market in the second half of next month.

When Boss Lei started angel investing, Wen Liang was less than ten years old.

When Boss Lei stepped down as CEO of Kingsoft, Wen Liang was just in high school.

When Boss Lei founded Xiaosorghum, Wen Liang was preparing for the college entrance examination, not to mention a sprint.

Now when Boss Lei's Mi series mobile phones are in full swing in the domestic market, Wen Liang has just started investing in the business and is stepping up his deployment of the mobile phone business.

However, Wen Liang's worth is much higher than Boss Lei's worth can be counted.

Moreover, Boss Lei's current net worth mainly comes from Jinshan, not Xiaosorghum, which is very interesting.

After all, as far as Wen Liang knows, during this period of time, the valuation of Xiaosorghum has actually been between 50 billion and 70 billion US dollars, but it is not yet clear because the investment has not been fully finalized.

Wen Liang and Lei Jun went around twice to exchange greetings.

Then Wen Liang mentioned straight to the point: "May I ask Mr. Lei for advice, what does Mr. Lei think about the domestic mobile phone market?"

Lei Jun was not surprised by this. In the last phone call, Wen Liang had already stated that Bolang intends to get involved in the mobile phone industry. He sorted it out and replied: "It will go through a short period of chaotic development, and various manufacturers will divide the market from each other. I think in the end it will only be There will be a few players left."

Hearing this, Wen Liang simply spoke bluntly: "As far as I know, there are many big companies in the capital that intend to develop mobile phone business, and even Lao Luo, who teaches English, has frequently publicly stated his intention to make mobile phones. Mr. Lei thinks there will be some manufacturers left. "

Lei Jun was a little uncomfortable with Wen Liang's direct remarks, and quickly answered: "It's hard to say, after Apple set off the wave of the smartphone era, the industry is changing rapidly, and the future is hard to understand."

Speaking of this, Lei Jun also bluntly expressed his 'fear': "We are also trembling, walking on thin ice."

As if he didn't know what to do, Wen Liang kept asking: "Which aspect of the industry does Mr. Lei think has a long history?"

Lei Jun didn't understand Wen Liang's intentions, but just said along the way: "If I have to say it, I think it is the level of capital investment and profit output."

"Motorola and Nokia are both because of unsatisfactory financial statements, not because they can't continue."

Wen Liang showed a clear face: "So that's the case, thank you Mr. Lei for your enlightenment."

Lei Jun waved his hand quickly: "Mr. Wen is polite, let's communicate with each other."

Later, Wen Liang mentioned another thing: "This time I came to Beijing, I heard that China Mobile found your company at the beginning of the year. I hope that your company can make a TD mobile phone and drive the domestic industrial chain by the way."

Lei Jun said frankly: "It's like this. The development is not going well. The first generation of products has come out, but it's not ideal. It should be launched in the middle of next year."

Wen Liang changed his mind and said in a serious tone: "If there is an opportunity, I hope to cooperate with your company. We have conducted cooperative research with Huagong on IC design, and have done some design and development of components."

Hearing this, Lei Jun's expression changed, and he said with a smile: "If Mr. Wen is interested, we will find a time to visit your company's product line in IC design."

Wen Lianglian said: "Welcome to your company's team."

"..."

Until they got in the car with Lin Bing and left, Lei Jun and Lin Bing didn't even think about what kind of medicine was sold in Wen Liang's gourd.

In the car, Lin Bing asked directly: "What does Mr. Wen mean this time?"

"I'm not sure. Now it seems that the rumors may be true. Bolang has invested a lot in the mobile phone business." That's all Lei Jun could say.

Lin Bing was also a little dumbfounded: "Boss Wen seems to be learning from the scriptures, but I didn't expect it to end up being a sales promotion."

Lei Jun said: "Bolang has a high probability of acquiring Xingchen Studio. If it invests heavily in hardware, it will most likely be the most competitive among new players!"

"It's not like playing with tickets." Lin Bing pondered, "I couldn't tell anything when I met him for the first time, but his vision is definitely not simple. He is more talented than you were back then, and his appearance in the capital this time is also very extraordinary;
Not to mention Hillhouse, Sequoia, White Goose, and many parties who gave him airs today, let’s say that he opened up and settled in and easily completed the integration of Internet businesses, and the business of Weibo can be said to be played by him in the palm of his hands. "

Lei Jun just hummed and said nothing, his brows were furrowed.

He also didn't understand where Wen Liang was making trouble.

In fact, Wen Liang didn't have any complicated ideas, he just felt that the public had always said that Boss Lei had no structure, so he went straight to the test.

Judging from Boss Lei's attitude, his judgment on the market is fairly accurate, but he lacks judgment on the external environment.

This may have something to do with Xiaosaoliang's easy access to foreign investment such as Temasek.

However, smooth financing environment does not mean other aspects.

As for pitching.

This is normal.

Bolang Lab's non-core hardware development and HGIC's IC Lab don't make a living. Apart from SoC, it's easier to spend money on other things.

At this stage, there is no technical bottleneck, only patent barriers, and the main focus is on baseband patents.

There is really nothing to say in this regard. 1G, 2G, and 3G have been around for so many years, and there is nothing to do except to pay patent protection fees to Qualcomm and other companies.

4G and 5G can only be said to come slowly, and Bolang Lab is also burning money.

Li Ze was not idle either.

After Wen Liang made the decision before the festival that it was time to burn money, Bolang, through internal development and cooperation with the domestic industry chain, can provide almost a full set of chips needed by smartphones at this stage.

Including but not limited to baseband, power management, radio frequency, power amplifier, audio and video decoding, Bluetooth chip, front-end module.

Of course, among so many, Bolang's real energy is only related to baseband communication.

Other aspects are investment and cooperative development, and the difficulty is not great.

In addition, SoCs that are not self-developed and only partially designed have also been tapped by TSMC.

Batteries are provided by the domestic supply chain.

As for the memory, flash memory, and screen, the current stage mainly relies on Samsung Electronics to solve the problem, and the relevant cooperation plans with other manufacturers are still under internal deliberation.
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(End of this chapter)