Media Tycoon since 1999

Chapter 303 Don't want to transfer?Acting... (4 more tickets required)
After sitting down in the meeting room, Gao Yang said with a smile: "Mr. Zeng, I'm sorry, there are more than 51 investors in 20 people, and they haven't fully arrived today. Although I am the major shareholder, I can't make a decision with one word. "

Gao Yang wanted to see how big Goose Factory's appetite was, and how much he was willing to pay to acquire two Internet companies that had just been established less than a year ago.

Everyone else knew that it was impossible for Gao Yang to transfer the company, so they all smiled and watched the show.

The two sides began to talk, and Jin Yang and Fang Jian, as CEOs, briefly introduced the development of the two websites.

Afterwards, Zeng Qin officially stated his intentions: "Mr. Gao, Mr. Jin, Mr. Fang, and friends, we are optimistic about the development prospects of the two companies, 51.com and 51 Renren.

This time, I am here on behalf of the goose factory, and formally put forward an acquisition proposal to your company. The overall acquisition, or capital injection, is fine.

The acquisition of Goose Factory is a kind of cooperation. After the transaction is concluded, the operation team of the company's project will remain unchanged and will continue to remain stable. In the system of Goose Factory, matching relevant resources will lead to better development. "

Wu Ruohan answered, "Mr. Zeng, how much do you think our two companies are worth, and how much are you willing to pay for the acquisition?"

Zeng Qin didn't expect that a young girl would be the first to ask questions, and felt a little offended.

Gao Yang said: "Mr. Zeng, this Ms. Wu Ruohan is the CFO of our two companies. She is still young and a graduate student. She speaks outspokenly. Please forgive me."

Everyone else knew that Wu Ruohan did it on purpose, so they suppressed their smiles.

Zeng Qin smiled and said: "It's okay, Miss Wu is so young and promising, she's amazing.

That's right, if we buy the two projects as a whole, we can give your company an overall valuation of 850 million US dollars, or the equivalent of soft sister currency based on the exchange rate.

Then, the specific transaction method, all cash, or cash plus some equity in the goose factory, can be discussed. "

Wu Ruohan said again: "Mr. Zeng, are you kidding me? We bought Foxmail in September, and we spent almost 9 million US dollars."

Zeng Qin's expression remained unchanged, and he said with a smile: "Miss Wu, the transaction was negotiated. Mr. Gao, I don't know how your company valued these two projects. Let's talk about it."

Gao Yang said with a smile: "Mr. Zeng, we haven't calculated the valuation issue specifically, but the 850 million US dollars you mentioned just now is indeed too low, and it seems that there is no sincerity."

Zeng Qin said: "Mr. Gao, and friends, I am visiting your company this time to discuss cooperation. The maximum authorization of our board of directors is 1000 million U.S. dollars, or the equivalent soft sister currency. Based on this valuation, we We can discuss overall acquisition, or holding acquisition, you can talk about it.”

Wu Ruohan was about to speak again to choke someone, but Gao Yang gave him a sideways look, and dared not speak again.

Gao Yang said with a smile: "Mr. Zeng, I appreciate your company's respect, but I'm really sorry, before you, several companies have come to talk about this matter.

We also held a shareholder meeting and discussed this matter seriously. As a result, everyone unanimously decided that neither 51.com nor 51 Renren will be transferred, nor will they accept any capital injection.

We still have some funds, and we don't need to introduce new investors for the time being. "

Zeng Qin asked curiously, "Mr. Gao, can you tell me which companies have come to talk to you?"

Gao Yang said: "We don't need to hide anything about this. Big companies like Yiwang and Baidu have been here, and there are a few smaller ones. There is no need to mention it."

Zeng Qin suddenly felt that he was being played, Nimei, since she was unwilling to transfer, she still put on such a big posture and negotiated in a serious manner.

After chatting for a while, Zeng Qin got up to leave, and Gao Yang personally saw him off to the elevator entrance.

Zeng Qin also wanted to salvage it, saying that he would discuss with the company's board of directors when he went back, and perhaps increase the valuation by about 10%.

Gao Yang looked apologetic: "I'm sorry, Mr. Zeng, I am personally very grateful that an excellent Internet company like Goose Factory is willing to cooperate with a small company like ours that has just been established.

However, our internal investors did have a meeting to discuss this matter. The vast majority of investors, accounting for more than 6% of the shares, are unwilling to transfer or accept capital injections from new investors.

They are all young and energetic, and want to insist on doing it by themselves..."

Zeng Qin took his assistant and left feeling a little depressed.

Gao Yang returned to the meeting room, where a group of people were having fun.

Gao Yang sat down and lit a cigarette: "I told everyone, don't be too happy, even though big companies like Goose Factory are interested in us, they think our project is very good, and want to eat it in one bite.

However, 51 Tongcheng and 51 Renren are at best just getting started and have a bright future.

There are too many lessons learned on the road of Internet entrepreneurship, and everyone must not be complacent.

After the Spring Festival, 51.com’s Shanghai Metro Station and Special Zone Station will go online one after another. As for 51 Renren’s current user base of less than [-] million, it’s not a big deal.

Today, it is estimated that there are close to hundreds of millions of netizens in the whole country. We are still on the road of hard work, and it is still very early.

Only by passing the market test in the start-up stage, developing steadily, first realizing the realization of traffic flow, and then realizing capital realization through listing, can it be called success.

Success is all down-to-earth and hard work.

Just like the solar energy industry media of Sunshine Company, it has achieved a revenue of [-] million in three years, which seems to be developing super fast. It is also a periodical, one event after another, and a single business. from.

Internet projects are very different from traditional paper media. If one is not careful and makes a major mistake or mistake that affects the company's image, we may destroy the Great Wall overnight..."

Wu Bo smiled and said, "Gao Yang, don't worry, everyone is proud and confident, not complacent."

On January 1th, the solar term was extremely cold, and snow and sand fell in the air in the capital.

Today, Gao Yang and the senior management of 51.com held a half-day meeting to discuss and arrange the launch of local channels in Shanghai and the special zone after the Spring Festival.

In terms of technology, there is no problem, it has already been prepared.

The focus is to replicate the successful model in Beijing and establish an editorial and operation team.

It is necessary to send a management team from the capital to Shanghai and the special zone, and then recruit employees locally.

In the end, Chen Sen volunteered to go to Shanghai to form a team.

Jin Yang said: "Chen Sen, Feng Lan is going to have a baby this year."

Chen Sen said: "It's okay, everything is difficult at the beginning. I came back after a year in Shanghai, flying every week or every half month. After the Spring Festival, I brought my mother and mother-in-law to the capital."

Gao Yang thought for a while: "Chen Sen, that's a hard work for you. You should give it a shot first, and you can withdraw at any time after the team can operate normally. After our Shanghai Metro Station and Special Zone Station go online, we will not pursue business for now. , or to develop user and merchant registration as the goal.

When I go back to my hometown during the Spring Festival, I will talk to Mr. Feng of CPI to see if CPI can support a few capable people to solve the problem of website development in Shanghai and the special zone.

In 2005, it was very important for the development of 51.com, and 51.com finally went out of the capital.

Yueju Company is also planning to open a branch in the Special Zone of Shanghai this year, so let's develop at the same time as 51.com.

In addition, the research company will be registered and established after the Spring Festival, and will also set up personnel in Shanghai and the special zone.

In addition to the local branch of Sunshine Company, these four projects, try to consider a certain degree of coordination.

Chen Sen, you should think about the coordination of various projects in the regional market and make an internal coordination plan for everyone to discuss and confirm.

After the Spring Festival, we will soon establish the 51 Group, and then you will take a position at the group level to coordinate and solve the problem of coordinated development between projects..."

Jin Yang said: "This arrangement is the best."

Fang Jian asked: "Chen Sen went to Shanghai for a year, so 51 people will be in trouble."

Gao Yang said: "Yuan Ye wants to join our company. Lao Fang, you have to work harder this year. Let Yuan Ye try the business. At this stage, 51 people are still focusing on developing users and traffic. In terms of business, there is no need Too fast."

Fang Jian thought for a while: "If Yuan Ye comes over, he should be able to stand up..."

(End of this chapter)