My rebirth is different

Chapter 340 The Core Team of Star Technology

What price should Yitang sell? This question is also a headache for Pete and Mr. Tang.

Of course they want to sell as high as possible, but can the other party accept it?
Generally speaking, for a general acquisition, the acquirer should quote a price, and then the acquired party will see whether the price is suitable or not. If it meets the psychological price, it will sell it, and if it does not meet it, it will be negotiated.

But this time, the other party didn't offer an offer, and asked Yitang directly how much he wanted to sell.

This is more tricky. Pete and Mr. Tang want a high price, but they are afraid of scaring each other away.

You know, Yitang is not a sought-after company.

Otherwise, the other party wouldn't be so casual...

Looking at the attitude of the other party, it feels like buying if the price is right, and forgetting if it’s not.

Therefore, Pete and Mr. Tang discussed and discussed, but they didn't dare to ask for a high price.

In terms of cash, this company has a total investment of about 200 million US dollars, of which 5000 million is paid by the VC side, and the other 200 million is made up by Mr. Tang and several co-founders.

In terms of shares, the VC accounted for 50.00% one, Tang Zong and several partners accounted for 40.00% nine.

It can also be seen from this that VC was so optimistic about Mr. Tang's entrepreneurial team at the beginning. With just one entrepreneurial plan and a few core teams, it is worth nearly 5000 million US dollars!
But three years later, everything changed, how much I loved at the beginning, how much I hate now...

…………

"I think it should be no problem to report 2000 million US dollars." Mr. Tang said cautiously.

Pete immediately shook his head, he also wanted a high price, but the current Yitang is not qualified for this.

"Too high! Let me analyze it from a professional point of view. If it is an investment company to evaluate the current value of Yitang, it can be said to be worthless! Seriously, if there is no such star technology to come out and say If you want to acquire Yitang, even if you want to give the remaining 40.00% of the nine shares to our company, we don’t want it! Because that means paying millions of dollars in wages every month, which is a lot of money in a year. , but Yitang can't bring a penny of profit!"

What Pete said made Mr. Tang restless.

But he couldn't refute it, the current situation is like this, Yitang has become a bottomless pit, requiring continuous investment, but there is no output.

"Then how much do you think is appropriate?" Mr. Tang asked back.

"I can only calculate the residual value of Yitang's current hardware facilities, as well as the valuation of the technical team. The hardware includes servers, office facilities, and the remaining two years of the lease of this office building. It is a total of 500 million US dollars. As for I can say that the technical team is worth 500 million US dollars, but this needs to be recognized by the other party. If the other party thinks that Yitang's employees have high salaries and low abilities, then it is worthless." Pete shrugged after finishing speaking.

Mr. Tang was excited when he heard it, and said angrily, waving his arms: "My technical team is definitely the top in the country! How could it be worthless, even less than 500 million US dollars, at least 1000 million! In order to recruit these people , but there are thousands of choices, and some of the technical backbones were introduced by many friends."

Pete said indifferently: "So what? If you don't make achievements, you can't be called a talent."

After arguing for a while, the two reached an agreement and offered a price of 500 million US dollars, which left room for the other party to bargain.

The psychological price is 1000 million U.S. dollars. As long as the other party pays so much, they can take Yitang away!

…………

In the afternoon, at the gate of Yitang Company, Mr. Tang brought several senior executives of the company and Pete, the VC representative, waiting there.

People from Star Technology Company will be here soon.

"The other party wants to come, did you tell me on the phone? By the way, what is the name of the boss of Star Technology, and when did this company come out? I have never heard of it." Mr. Tang asked the assistant next to him.

Assistant Hui reported: "This is a newly established company that has not started specific business yet, but judging from the information provided by the other party, it has strong strength, and the company's registered capital is [-] million yuan!"

Mr. Tang was also a little tongue-tied. At that time, the registered capital of ordinary Internet companies could not be so high.

Even his Yitang was only 1000 million RMB when it was first registered. After receiving a large amount of funds from VC, the capital was increased to more than 4 million RMB.

What is the origin of this star technology? The company was just established with a capital of [-] million!
"The boss of Star Technology is called Yu Wenfei. I made a brief inquiry and it is said..." The assistant hesitated when he said this.

"It is said that what happened?" Mr. Tang asked strangely.

"It is said that I am still a college student. I am 19 years old this year. I heard this, and I don't know if it is true or not, but more than 90.00% of it is true, because Star Technology has recruited many students to do part-time jobs at Jiaotong University and Fudan University. Everyone knows about this." The assistant explained.

What he said not only shocked Mr. Tang inexplicably, but also the executives next to him, including Pete, were all dumbfounded.

Everyone only knew that a company called Star Technology wanted to acquire Yitang, but no one paid attention to who the other boss was, whoever he was, as long as the money was enough.

But now, who would not be surprised to learn that the boss of the other party is only 19 years old and a college student.

"No...you can't make a mistake, right?" Mr. Tang couldn't believe it.

Before the assistant could answer, he heard the roar of a sports car in the distance.

Everyone couldn't help looking in the direction of the sound. This is a science and technology park. There are many rich people, but there are not many sports cars.

Because the rich people here are all Internet entrepreneurs and bosses.

Even if buying a luxury car means buying a big Benz or BMW, who would buy a sports car?

No matter how rich your company is, it is all invested by VC. If you dare to drive a sports car, maybe VC will send someone to check the accounts the next day to see if you have embezzled the company's public funds.

……

I saw two cars speeding up, one in front and one in the back. The one in front was a fiery red supercar with a flat and wide body, like a monster lying on the ground.

The people present were all well-informed people, and someone immediately exclaimed, "Ferrari Enzo!"

No need to explain, everyone understands the price of this car.

As for the one in the back, it is much inferior. The silver Porsche Carrera is just a car worth two or three million yuan...

Looking at the direction in which the two cars were coming, it seemed that they were coming towards him.

"Could it be that 19-year-old boss in this sports car?" President Tang thought to himself.

Before he could figure it out, two sports cars had stopped in front of everyone, the butterfly doors opened, and a tall and thin young man came out from inside.

Of course, it was Yu Wenfei who came.

Sitting in the co-pilot was his secretary Hu Jingjing.

The Porsche behind is Wu Xiu and Effie.

This is also the current core leadership team of Star Technology, all of whom are college students...

(End of this chapter)