Rebirth of the internet boss

Chapter 174 Interest Exchange
Shengda's acquisition of Sina is only part of Sheng Tianqiao's "box plan", and it is the most important part. Sheng Tianqiao mainly values ​​Sina's advantages in online media, unlimited value-added services, and strong influence on netizens. Disney Online" is very beneficial.

Both Shengda and Sina are listed on NASDAQ. Sina's equity is relatively dispersed, and the largest controlling shareholder does not exceed 10%. Sina's internal and management hold 12.64%. The company's shareholding ratio is no more than 20%.

Once Shengda's shares exceed 20%, Sina's board of directors can be reorganized, and four of Sina's institutional investment shareholders are also shareholders of Shengda, holding 18.59% of Sina's shares, which means the merger of Shengda and the above four With the shareholding of the joint shareholders of Sina and Shengda, Shengda's holding ratio will reach 38.59%, and it has already controlled Sina security and has a veto power.

When Sina's Cao Guowei visited Li Feng, Shengda had already spent 1.2 million US dollars to acquire about 10% of Sina's shares, and Shengda had also reached agreements with many investment institutions, and the stock transfer was only a matter of time.

To be honest, although this was the first time Cao Guowei met Li Feng, Cao Guowei knew the neighbors downstairs, including Li Feng, very well.

When Fengrui was just starting out, the cooperation between Fengrui's MY123 and Sina was negotiated by then CFO Cao Guowei. Later, Fengrui also moved to the Ideal International Building, and the two companies became neighbors upstairs and downstairs.
I just didn't expect that Fengrui would soar into the sky in the future, and now it has become the top Internet companies in China with Sina, and Fengrui is even better than Sina in some aspects.
They all have their own headquarters buildings, but they still lack some influence, otherwise, I wouldn't come here to find Fengrui's help in person now,
And just now Fengrui's comprehensive suppression of Tencent, and the elimination of Lianzhong, and the ability to compete with Shengda, let Fengrui faintly feel like China's number one Internet company,

Of course, even if it was the first time they met, facing such an immature Li Feng, Cao Guowei did not underestimate Li Feng's youth. As the founder of Fengrui, he must be able to firmly control such a large group company at this stage. not simple character,

Even Cao Guowei was a little envious of Li Feng in his heart, who wouldn't want to own a company that really belonged to him!
So when we met, Cao Guowei even felt a little "low-spirited". After all, he came to ask for help, whether it was asking for help or borrowing money. The moment you opened your mouth, you had already admitted that you were "not as skilled as others".

Cao Guowei, who was upright and square, greeted Li Feng briefly, and said straight to the point: "President Li, although this is the first time we have met, Xinlang and Fengrui are brothers, and this time Shengda’s surprise attack on Sina is not only related to our Xinlang, but also related to the development of Fengrui...

And once Shengda successfully acquires Sina, it will really form a complementary business, and it will become a super large Internet company integrating portals, games, news, and entertainment, and the pressure on Fengrui will definitely be self-evident...

So, whether it's for our brother's unit or for the sake of Fengrui, I still have to ask you to help..."

Although what Cao Guowei said was a bit "flattering", he still told Li Feng "with emotion and reason", and presented the facts and reasoned with Li Feng, all because he wanted Fengrui to contribute money and efforts.

However, Li Feng choked Cao Guowei to death with one word, "Since there are so many benefits from your merger, why don't you join forces?"

Cao Guowei was directly stunned: "..."

To be honest, Li Feng didn't care whether Shengda bought Sina at all, even if Shengda did buy Sina, so what!Regardless of how many Internet companies have emerged in future generations, there are only three BAT companies that can really build an ecosystem, even TMD, which is very popular now.

Besides, my current enemy is only Tengxun, and the rest are nothing to be afraid of. As long as Tengxun is killed, it will not be a matter of time before the three major portals become four major portals. At most, only a small pop-up window is needed That's all.

Li Feng knew what Cao Guowei was thinking, who wouldn't want to be the boss!Since I can be the boss, who wants to be the second.

Li Feng didn't make Cao Guowei look bad either, and said with a smile, "Then what kind of help do you need?"

Cao Guowei said embarrassingly: "I hope Fengrui can provide some funds, or Fengrui can buy Sina's stock in the secondary market to stop Shengda."

Li Feng remembered that Sina in his previous life had no choice but to implement the "poison pill plan", which means that in order to prevent malicious takeovers, shareholders other than Shengda can use their right to buy tickets to buy Sina's additional issuance at half price. New shares, which means that if Shengda wants to acquire Sina, it must pay twice the price.

So, Li Feng asked: "Why don't you implement the poison pill plan, and now Shengda has only acquired 10% of the shares?"

Regarding this, Cao Guowei said helplessly: "Now Xinlang does not have so much cash, even if we implement the poison pill plan, we still need some funds, so we think it will be used as a last resort."

In fact, this is also due to Li Feng's reasons. One is that Shengda went public ahead of schedule, and because of the recent popularity of several online games, it raised a lot of money. The other is Xinlang's own reasons. It was a fiasco, and Xinlang ran out of cash in his hands.

Li Feng thought for a while and said: "We Fengrui can buy some shares of Xinlang, and I can even ask my friend in the United States to help with a fund to buy some, but the money will not be too much, that is, 3000 million or 4000 million. In dollars."

Cao Guowei said happily: "That's enough. There aren't many stocks left in the stock market. Thank you Mr. Li for your support. It's all right. I'll go back first."

When Cao Guowei just left first, Li Feng was stopped directly, Cao Guowei was still a little puzzled, what did Li Feng mean, only heard Li Feng said lightly: "Mr. You will not let us do it for nothing."

As soon as Cao Guowei heard it, he knew that Li Feng was angry. He was only thinking about the benefits and forgot to mention the conditions, "Mr. Li, you can rest assured. After the matter is completed, no matter how many Sina shares Fengrui bought in the end, we will pay a premium of 20% The repurchase may only take a long time, and we will not let our friends suffer."

"not enough!"

Cao Guowei emphasized again: "Mr. Li, we are using the future market price, not the current purchase price."

Li Feng replied indifferently: "Not enough! From my point of view, all investments are not as good as investing in myself."

Cao Guowei said with an ugly face, "Mr. Li, what do you think we should do?"

Li Feng said without changing his face: "I need you Sina alone."

"Who?" Cao Guowei asked curiously.

Li Feng said: "Chen Tong, and I heard that your relationship with him is not very good!"

Sina's long-term overly dispersed shareholding structure has also formed a deadly hotbed of "factional struggles" within Sina.

The reason why Li Feng chose Chen Tong was because he valued the No.1 Internet portal in China and the editor-in-chief of Sina.com. It was easy for Li Feng to promote a portal website, but the most important thing for a portal website was the content. It took almost ten years to reach the achievement of Sina.com.

Although Cao Guowei didn't know why Li Feng chose Chen Tong, Cao Guowei still recognized Chen Tong's ability, but for Cao Guowei, "Three-legged toads are hard to find, and there are plenty of people with two legs." Sina left anyone. , This is also the time for Cao Guowei, who has just taken the position of CEO, to reshuffle the Sina structure and nominate his direct descendants.

However, Cao Guowei was still very uncomfortable. He could call up his direct descendants, and he could also eliminate dissidents, but he didn't need to let an outsider like Li Feng take command.
But in the end Cao Guowei said calmly to Li Feng: "Okay, but I can't decide this, I will tell Chen Tong, I don't know exactly how he will do it."

Li Feng saw that Cao Guowei was dissatisfied with him, so he didn't take Cao Guowei's words at ease. Instead, he said with confidence: "Old Cao, open your eyes, don't think that this is me threatening you. Now that Chen Tong is staying in Xinlang, for you, It's no good for him, you just need to call him here.

And besides the capital investment just now, I also promise that after a while, I will give all of Shengda's online games a hard blow, at least half of the number of his online games will be cut in half, so that he will have no time to trouble Sina. "

Cao Guowei asked curiously again: "Mr. Li, what are you going to do?"

Li Feng smiled without saying a word, but finally said: "This is our business secret, you Xinlang don't have online games now, just sit back and watch the fun."

Cao Guowei also said embarrassingly: "I was the one who was abrupt, so I'll wait and see. Thank you Mr. Li for your support. There's nothing to do this time, so I'll go back first." went upstairs.

Investing in Xinlang, you don’t need to say anything to Keng Shengda, Li Feng will do it, not only for disgusting Shengda, but also for a kind of financial return, as long as the price is right, you can buy Xinlang’s Is it possible to sell the shares to Shengda?
Looking at Cao Guowei far away, Li Feng couldn't help but think that almost all great companies have a great founder, Apple's Jobs, Microsoft's Bill Gates, a company without a founder is doomed to have no great success,

In fact, Cao Guowei has done a good job in Xinlang, but a professional manager often pays more attention to the stock price and the interests of shareholders, and according to foreign media statistics, almost all of them are family businesses that can truly last forever, because professional managers Often the pursuit of short-term benefits,
And Li Feng also thought of this, who will take over Fengrui's next generation?

Liu Zhiping?no!A professional manager is definitely not enough, Fengrui’s person in power must have a technical background; Zhou Wei, it’s okay, but he likes technology too much and is not suitable for management;

The rest are Wang Xing, Long Xiaotian, Wang Xiaochuan, Zhou Feng are all good... anyway, I am very early, the mobile Internet has not yet come, even 2018 is still many years away.

(End of this chapter)