Rebirth of the internet boss

Chapter 119 Say "No" to Capital (Please be the first order! Please be the first order! Please be the first order!)

The boss of MIH, Cus Baker, is worthy of being an old fritter in the capital world, and he firmly grasps the rhythm of the negotiation.
Even Liu Zhiping had to follow the rhythm of Cus Baker. After all, he came here on his own begging, and he was always cut by a dwarf.

At this time, Cus Baker changed into a comfortable posture, and said to Liu Zhiping calmly: "Martin, how many times have I told you just now, our MIH is not short of money, MIH is not short of money, not short of money!
Why don't you understand? Our MIH can reach a cooperation with Fengrui. Not only can we sell Tencent's shares to Fengrui,
Can we also further boost the development of Fengrui Technology!Of course, we don't need voting rights, we only need dividend rights! "

At this time, Liu Zhiping also understood what Cus Baker meant. It turned out that Cus Baker had taken a fancy to Fengrui. He felt that Fengrui's shares were too small, so he wanted to take this opportunity to invest in Fengrui.

After all, after Fengrui acquires Tencent, it is equivalent to monopolizing the social network of the entire Chinese Internet, and its market value will definitely skyrocket!

It's not that MIH can't see the benefits of Fengrui's acquisition of Tencent. It would be great to take the opportunity to invest in an Internet company with more potential!

But Liu Zhiping knew that Li Feng attached great importance to Fengrui. Before coming here, Li Feng also gave Liu Zhiping a bottom line of up to 20% of the stock, and money can be negotiated.

Now it has exceeded the bottom line given by Li Feng, so Liu Zhiping said to Cus Baker, "I will communicate with our boss", and then went outside to call Li Feng.

China is 6 hours faster than South Africa. When Liu Zhiping met with Cus Baker in the morning, Li Feng just made a pot of green tea in Yanjing's office in the afternoon.

After the call was connected, Liu Zhiping quickly reported the acquisition of Tengxu to Li Feng, and also focused on the fact that South African MIH took the opportunity to invest in Fengrui.

When Li Feng heard that MIH of South Africa had no objection to the sale of Tencent shares, he was happy for a while; but when Li Feng heard that MIH of South Africa took the opportunity to invest in Fengrui, and that 20% of the shares were not satisfied, Li Feng was also silent .

Li Feng has always attached great importance to Fengrui's shares, and has always maintained his absolute control over Fengrui.
And now it's like my own child, who managed to raise it to such a big age, but was abducted by a woman from outside, who can bear it!
But this kind of decision involves the financing of the company's major strategy, and even this decision can change the market competition pattern. Only Li Feng can make this decision.

It is to be a "cold-blooded and ruthless" entrepreneur, always focus on "enterprise", for the development needs of the enterprise, it does not matter if the financing dilutes the shares, even if you only have 8% of the shares in the end, or even get kicked out;

He is also a "feeling and ambitious" entrepreneur. The company is centered on "dreams" and is willing to pay for "dreams". He does not pursue profits or shareholder returns, but just wants to do something seriously.

And Li Feng can choose now, and everyone should choose a simple path, acquire Tencent after financing, unify the social field,
Just like what Ma Yun and Ma Huateng did in their previous lives, even though they both held less than 10% of the shares in the end, they can still be the richest man in turn.

But in the end Li Feng's reply to Liu Zhiping was: "Up to 30% of the shares, no voting rights yet! And if there are more, then don't talk about it, just come back!"

Li Feng has always felt that he is an optimistic conservative, who likes to do things he can control. In the end, Li Feng chose a difficult road to glory.

Therefore, after receiving Li Feng's instructions, Liu Zhiping entered the room and said to Cus Baker: "Mr. Baker, Fengrui can sell 25% of the shares, of which 20% will be regarded as Tencent's shares, and the other 5% of the shares will need to be sold." MIH pays in cash."

Cus Baker still shook his head again and again, and said lightly: "Too little!"

Liu Zhiping didn't intend to ink any more, and directly revealed Li Feng's bottom line, and said to Cus Baker: "Mr. Baker, Fengrui can only sell 30% of the shares at most. This is our boss' bottom line."

Cus Baker still shook his head again and again, this time he said sincerely: "It's still too little! Martin, I'm the largest shareholder in Tencent now.
I am not too demanding, I want to become the largest shareholder of Fengrui, money is not a problem, I can invest as much as I want, and we don't need voting rights, just dividends!
Is this a difficult choice! "

This is indeed a difficult choice. For the reborn Li Feng, he doesn't believe in voting rights, AB shares, etc. Li Feng prefers to be in control of everything.

Liu Zhiping planned to make one last effort and said to Cus Baker: "Mr. Baker, isn't 30% of the shares enough?
Why do you insist on being the largest shareholder? Even Softbank can only finance 20% of Fengrui. There is one more condition.
Don't you think that if our negotiation fails, Fengrui will formally enter the field of instant messaging,
At that time, Fengrui and Tencent will be the real rivals. "When two tigers fight, one will be hurt." Now, Fengrui's first financing has a valuation of 5 million U.S. dollars, and now we have sufficient cash reserves.

And Tencent is less than 2 million US dollars, maybe your investment will be in vain by then. "

Cus Baker didn't take Liu Zhiping's "threat" words to heart at all, instead he smiled and said to Liu Zhiping: "Martin, you and I are both venture capitalists, if anyone in this world can win by having more money, then we have to compete what's the use

Enterprise competition ultimately depends on itself, on the team, on the business model, and capital is just a booster.

You know I like the F1 car the most. If you compare this to a racing game, the capital is the oil, the team is the car, the founder is the driver, and the car and the driver really determine the outcome of the game. I have never heard of anyone Rely on "oil" to win!
And now that you are coming in Fengrui, you don't have the home court advantage, and Tencent has been cultivating in the field of instant messaging for many years. I also believe in the team of Tencent!Besides, our MIH is not short of this money!

Martin, how about this, in the end I am making a concession, exchange 40% of Fengrui’s shares for 46.5% of Tencent’s shares, and I will add another 1 million US dollars in cash, how about it?
You can call now!Ask your little boss if he wants to! "

Knowing Li Feng's temper, Liu Zhiping directly refused, "I'm sorry, Mr. Baker, Fengrui will not sell so many shares. If this is the case, then I will also leave."

On the contrary, in the end, Cus Baker said a little depressed: "Martin, I just don't understand. The conditions I gave are very suitable for both emotion and reason.
Moreover, after the merger of the two companies, the market prospects are bright, but why does that Li Feng disagree? Does he have such a strong desire to control! "

Liu Zhiping also said apologetically, "Maybe it is!"

Finally, Liu Zhiping asked Cus Baker: "Mr. Baker, if we want the Tencent team to initiate an acquisition, will you obstruct it?"

Cus Baker still said generously: "No! Since they all agree to the acquisition, are afraid, and dare not compete, then I don't believe they can win in the end!"

(End of this chapter)