My rebirth is different

Chapter 483 Throwing Money at Him

Chapter 483 Throwing Money at Him
On the way back to Shanghai from Hangzhou, Yu Wenfei and Hu Jingjing sat side by side in the back.

Although Hu Jingjing has not dropped out of school and is still studying, but after working for a while, she does not look like a young college student, but more like a beauty in the workplace.

Today she is wearing a black and gold-edged professional suit, which looks like it should be from Chanel.

With her income, she naturally cannot afford such expensive clothes. It is estimated that the family's business has been doing well recently and the cost of living has risen again...

The car drove smoothly, and the driver in a suit was sitting upright, concentrating on driving.

Yu Wenfei sat in the back row, opened the small table, and put a laptop on it, frowning at the information on the computer.

Hu Jingjing was a bit bored, looked around for a long time, couldn't help it, and asked Yu Wenfei curiously: "President Fei, our company has so many people, and now you are at the helm, why do we need to recruit people from outside? And give him shares."

It is normal for her to have such questions. Should company executives be trained internally or recruited from the outside? This is a problem faced by many companies.

Besides, an old employee like her has been working hard with Yu Wenfei since Jiale.Up to now, there is still no chance to get the original shares of Facebook. How can an outsider come here to be the CEO, with an annual salary of nearly [-] million, and a lot of original shares.

This made Hu Jingjing a little unbalanced.

Yu Wenfei smiled, and patiently explained to her: "Jingjing, you have to know that some talents cannot be cultivated internally! Take people like Cai Congxin as an example, who graduated from an Ivy League school with a doctorate in law and economics. He has work experience in a large law firm, has worked in investment banking, is proficient in finance and law, has an international perspective, and has many contacts in the venture capital circle. Tell me, how can our company cultivate such people from within?"

People like Cai Congxin are not ordinary so-called elites in the workplace, they are top talents!
It is impossible to cultivate such a person internally. He needs to train for many years. He has work experience in many large companies and is one of the best.

In the end, it came to the fore.

Talents like Cai Congxin are neither worthy nor affordable for small companies.Yu Wenfei believes that Ali’s platform is too small, and a company like Facebook would be more suitable for him. In the future, if he has to formulate the company’s development strategy by himself, Cai Congxin will control the company and implement it, and he will definitely achieve greater results.

Hu Jingjing nodded ignorantly, she still can't understand how rare a talent like Cai Congxin is!

Needless to say about long-term matters, after taking down Cai Congxin, the company’s valuation will not be too much for this financing, and it will be no problem to increase another two to three hundred million yuan, and VC will accept it willingly.

…………

After returning to the company, there was no news from Xue Chunhe. They should be communicating and evaluating with Softbank headquarters. After all, it is a huge investment of hundreds of millions of dollars, so we must be cautious and careful.

That's fine, after Cai Congxin finishes dealing with Ali's affairs in a few days, he can directly participate in the negotiation with Softbank after he comes to report.

Cai Congxin is more familiar with Softbank than Yu Wenfei. After all, Ali’s big benefactor is also Softbank, and the two sides have dealt a lot.

Taking advantage of this gap, Yu Wenfei called in the company's legal counsel, and he had to make up for some procedural loopholes first, so as to save trouble in the future.

Under Yu Wenfei's instruction, the legal consultant drew up a contract, the main content of which was the agreement on user resource sharing and technology interoperability between Facebook and Star Technology.

Although Star Technology is the holding company of Facebook, Facebook will go through multiple rounds of financing in the future, and there will be many shareholders. Some things still need to be clarified in advance.

The contract stipulates that Facebook and Star Technology, the two companies share their user resources for free.In other words, Facebook's user data interface is open to Star Technology and can be directly connected.And vice versa.

At the same time, in terms of technology, the two parties can communicate with each other and carry out cross-licensing, which is also free.

Yu Wenfei is leaving a way for the launch of WeChat in the future. The WeChat project department belongs to Star Technology, but its launch must rely on the user resources of Facebook.But when WeChat gets started, it can in turn feed back on Facebook.

It's okay to say that the two projects belong to the same company, but they have separated now. Facebook will have many shareholders in the future. If this matter is not clear now, it will be a big trouble in the future.

Now both companies are dominated by Yuwenfei, and they still hold 100% of the holdings, so there is no problem at all in signing such an agreement.

After this matter was settled, Yu Wenfei was relieved. Next, he waited for Cai Congxin to come over and negotiate with Softbank for financing.

…………

While Yu Wenfei was busy poaching people, Xue Chunhe had already flown to Tokyo with his assistant, and he was going to the headquarters to report the initial adjustment of Facebook and the results of negotiations with Yu Wenfei.

The headquarters has always paid close attention to this investment.

In the meeting room of the Softbank headquarters building, Xue Chunhe, dressed in a neat suit, was standing in front of the large projection, talking freely.

On both sides of the big conference table, there are senior executives from the headquarters, including Chairman Sun Zhengyi.

After introducing the relevant situation of Facebook in detail, Xue Chunhe also talked about the last meeting and negotiation between the two parties.

Finally, he said loudly: "This is the current situation. Facebook plans to sell [-]% of the shares, and the financing expectation is [-] million! If you have any questions, please ask them."

After hearing what he said, the executives whispered to each other. Everyone knew about this investment project of Facebook in advance, and of course they were no strangers.

The chief of the conference table sat a short, fat man in his early fifties with gray hair, and he looked unremarkable, but this was the man who was in charge of the Softbank empire and held hundreds of billions of dollars in huge funds.

Sun Zhengyi is a very decisive person, as long as he sees a project, he will never hesitate.

In many investments, he usually only chats with entrepreneurs for a few minutes before deciding whether to invest or not.

Moreover, as long as he makes the move himself, there is no small amount.

It is normal to start with tens of millions, and it is also common to start with hundreds of millions.

This investment in Facebook is also controlled by him personally.

In China, Softbank has also invested in several large projects in the past two years, and Ali’s 2000 million yuan is still not in the front row.

Like UT Starcom, Sun Zhengyi and Wu Ying only met once, chatted for 5 minutes, and invested 6000 million US dollars!

"Mr. Xue, what do you think of Yu Wenfei?" He asked calmly.

This is his habit, investment depends on people first.

Xue Chunhe was familiar with his style of doing things, so he was prepared for this question, and answered, "Yu Wenfei, a young genius, became the best-selling author in China when he was in high school. His income from royalties has already been paid for by his books alone." Over [-] million! In addition, in addition to Facebook, he actually controls Knorr, the largest supermarket chain in East China! This supermarket has the same model as Costco in the United States. It is a membership system. It has been open for more than half a year. It is a super big store, and the single store sales are astonishing! It can be seen that Yu Wenfei's talent is also amazing in how to do business. I don't need to introduce Facebook. It has only been online for a few months, and it has already done it among similar websites. The undisputed No. [-]. As for those competitors, there is basically no hope of catching up.

This person, if let me evaluate him.If I could describe it in one word, it would be amazing! "

What he said was a big compliment to Yu Wenfei.

Obviously, this is his junior, and he does have a lot of good grades.

Regardless of public or private, Xue Chunhe hoped to achieve this investment, so in front of Sun Zhengyi, he did not hesitate to praise him.

Sun Zhengyi nodded repeatedly. An investment of [-] million US dollars is not an unacceptable figure for him. As long as Facebook and Yuwenfei have enough potential, no matter how much money they have, he will not frown.

"Then, without further ado, within two days, we will be ready for investment negotiations. Two days later, I will lead the team to Shanghai to meet Yu Wenfei again!" Sun Zhengyi said.

His so-called investment negotiation preparation is nothing more than discussing internally first, how much money to spend, what is the upper limit, and then how many shares are required, and what is the acceptable lower limit!
These things must not be considered only during negotiations, but need to be determined in advance.

Negotiations are nothing more than to strive for the greatest benefit.

That is, pay as little money as possible and get as many shares as possible...

During the internal discussion, Sun Zhengyi made a suggestion, that is, there is no problem with the investment amount, and [-] million US dollars can be given!

If the other party is not satisfied, a little more is fine, with a cap of [-] million.

but……

For ten percent of the shares, he is not satisfied.

"For a company like Facebook, the number of registered users will exceed [-] million immediately! In addition to the financing of at least [-] million US dollars this time, it is estimated that this amount of money is enough to support them to go public. Even if it is not enough, at most there will be another round of financing .In the second round of financing, we should have little chance, because at that time we will consider the issue of listing, and it is more necessary to introduce American investment banks. If we only get [-]% of the shares this time, then the next round of financing After that, if it is diluted, the shares in our hands will be too few!

Therefore, we must take this opportunity to take as many shares as possible.I am also very optimistic about this company, and its potential will definitely not be lower than that of Alibaba. "

For Sun Zhengyi's suggestion, most of them agree, and capital is greedy.

While Sun Zhengyi is generous, he has a bigger appetite.

When Alibaba first raised funds, he actually wanted to give 5000 million U.S. dollars. Why did Lao Ma and Cai Congxin reject it directly, and only asked for 2000 million U.S. dollars.

It's because he wants too many shares...

Obviously, Sun Zhengyi took aim at Facebook again this time, and was going to use money to smash Yu Wenfei.

He didn't believe it anymore. In front of hundreds of millions of dollars, that young man who was less than 20 years old would not be tempted.

(End of this chapter)

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