Rebirth of the internet boss

Chapter 544 Giving Face and Not Giving Face
The Chinese value face very much, and it is even more important to be rejected by others, so in China, learning to reject people is a very important thing.

Especially the people who ate with Li Feng today are all prominent figures in the domestic financial circles, and they either start with the word "中" or "国",

Moreover, Li Dongmin could be invited to come forward in person. Li Feng not only had to take into account their face, but also Li Dongmin's.

What's more, Li Feng's Alipay may have opportunities to cooperate in the future, and they will definitely be used. Even if they refuse in the end, they have to give enough face.

So Li Feng also put in a lot of effort to save face, relying on the strength of the wine, he said directly, "Brothers, although this is the first time we have met, it feels like we have known each other for a long time, and since Brother Li is here today, I Just show it to the brothers directly.

In fact, Fengrui’s financing this time is not because of money. It is estimated that a few brothers only need to watch our Fengrui opener conference this time to understand that our biggest purpose is to promote our Android system.
As for the system field, it is mainly the world of Laomei, and for the future development of Fengrui, our financing targets this time are mainly American investment institutions, so I can only say sorry to the brothers!I'm really sorry! "

In fact, Li Feng has already asked Liu Zhiping to keep 20% of the financing share in private, and distribute it to non-US investment institutions. Based on Fengrui Technology's minimum valuation of 300 billion US dollars, the financing scale is 10%. 20% of the total is also 6 million US dollars.

But this kind of real hole card, how can I say it as soon as it comes up, first say how difficult it is, and then give me sweet dates to eat, that is the right way.And there are non-US investment institutions here, not only domestic investment institutions, but also many investment institutions in Europe, Asia and other countries.

And Li Feng's low-key handling has also won the understanding of all the investment bosses, oh, so there is such a thing!
Besides, although Li Feng gave a few faces, everyone knew that if it wasn't for Li Dongmin, they might have been able to talk to Li Feng.

But there are also many who are unwilling to give up. For example, Zhang Tiantian of China Investment Capital relied on his own strength in the investment industry to directly ask Li Feng, "Mr. Li, what I want to say is that our domestic investment institutions Foreign countries also have some strength, maybe we can help too!"

"Uh... well, it's not that I look down on domestic investment institutions, the main reason is that strong dragons can't overwhelm local snakes. After all, they are in the United States..." Li Feng explained.

Before Li Feng confiscated it, he was interrupted by Zhang Tiantian, who said bluntly, "Mr. Li, I also heard news that many well-known foreign investment institutions are actually not optimistic about Fengrui's launch Android system, I don’t know if it’s real or not?”

After Zhang Fengtian finished speaking, Li Dongmin's face turned ugly. If you raise money, you can raise money. If you can get a deal, you can get a share.

The key point is that Zhang Toyota's attitude makes people very uncomfortable. He is really shameless. I don't know who is taking the initiative now!

However, Li Feng's belly is much better now, so he also smiled, and said directly and calmly: "Yes, there is such a thing, and 16 investment institutions have already left, almost ordinary investment institutions,

But isn’t financing itself an investment in the future, and is this also a mutual choice?If Mr. Zhang thinks it's not good, he can invest in it! "

Although Li Feng said it very calmly, his attitude and tone have already been revealed. You can raise your opinion if you have any opinions, but don't be shameless. I didn't force you to invest with a gun!

Li Feng made Zhang Tiantian a little bit embarrassed all of a sudden, but there are still other people who are very eye-catching. After all, there are no simple characters who can do this. Maybe they have already discussed it. Let Zhang Toyota deliberately came out to sing "red face".

At this time, Shan Ziqiang, the president of China Development Bank Finance, came out to sing "Bad Face" again, and he also smiled and said: "Mr. Li, look at what you said, did we come here because we value Fengrui? Otherwise, we wouldn't deliberately Mayor Li is invited,

And we are also very optimistic about Fengrui. After all, Fengrui is now the leading high-tech enterprise in China, and we must also strongly support it!
It's just that we are not an ordinary company after all, we also have our superior unit, the main reason is that Fengrui's starting point for this financing is a bit too high..."

When Shan Ziqiang said the last voice, he probably felt embarrassed. It’s not that everyone doesn’t want to invest in Fengrui, but mainly because Fengrui’s financing conditions are too high.
The valuation alone starts at 300 billion US dollars, which is directly higher than 90% of the listed companies in the world. Therefore, these people invited Li Dongmin because they wanted to get rid of Li Dongmin's relationship and let Li Feng lower the financing standards for his "own family". .

It turns out that "drunkards don't mean to drink", this is to let me lower the conditions, but why, just because we belong to the same country and a family, I should lower the conditions and be like a dog!
Li Feng felt awkward and panicked, why do idiots always like to treat others as idiots!He also silently crossed Zhang Fengtian in his heart.

At this moment, Li Dongmin also kicked Li Feng under the table, and his eyes were quick to wink. They were "adding drama" just now, don't be fooled, kid!

Li Feng also gave Li Dongmin a "both understand" look, and then said directly: "Brothers, it's getting late, since everyone has talked about it, and there are no outsiders, I will finally talk about my conditions." .

The scale of Fengrui’s financing this time is not high, that is, 10% of the shares, and we also gave it to the US investment institutions at the beginning, but I can make the decision and save some for the brothers. If it is not enough, the share will not be high. , about 10% of this financing,

As for the financing conditions this time, I won't make any restrictions. I'll just use the minimum conditions of our financing institution this time. How about it?If that doesn't work, all I can say is sorry. "

When Zhang Fengtian, Shan Ziqiang and the others wanted to say something more, Li Dongmin directly decided, "Well, I think Mr. Li's arrangement is very good. Not only can it raise funds, but it is also on the lowest terms. I can't think of a solution to talk about it." !

Ok, deal!Besides, Fengrui is our Huaxia company. It’s hard to put it bluntly. Even if Fengrui failed in the end, everyone paid for the innovation of Huaxia’s enterprise, and the leaders will definitely not blame it! "

The cooperation between Li Feng and Li Dongmin is also a tacit understanding. After Li Dongmin finished speaking, Li Feng also continued: "Okay, then I, Li Feng, thank you brothers, thank you for your recognition of Fengrui. As for the specific negotiation, it will be more direct at that time Just find our President Liu Zhiping!"

Seeing that the two masters, Li Feng and Li Dongmin, both said that, everyone couldn't say anything more. After all, this time Fengrui's financing is still Fengrui's initiative.

The key things are done, and I am full of wine and food.

After everyone left, Li Feng and Li Dongmin were also lying on the sofa, talking without a word.

"Brother, for me, it's hard for you this time, not only asking you to pay, but also making you smile." Li Dongmin patted Li Feng on the shoulder and said.

"Brother Li, what are you talking about? My success, Li Feng, is also due to your contribution. During SARS, we Fengrui and Tengxun..." Li Feng said.

But before Li Feng finished speaking, he was interrupted by Li Dongmin, "Okay, don't talk about the past, you kid, and don't give me ecstasy. It was then, and now is now. It's not the same.

But to be honest, when I met you for the first time, I knew you would be successful, but I really didn't expect that you would be so successful, let alone me, even many leaders have to look up to you , maybe I really need you in the future! "

"Brother Li, look at what you said, when the time comes, I, Li Feng, will definitely do it for you!" Li Feng promised.

"Okay, you kid, take care, I'm really leaving in two days, and I don't know if we can meet more often in the future." Li Dongmin sighed.

"Then I wish you, Brother Li, a smooth journey and a high promotion every step of the way!" Li Feng said with a smile.

"It's a smooth journey. It seems that I have to drive."

"Ha ha…"

******
Because domestic investment institutions have a relationship with Li Dongmin, Li Feng wants to save face; but for other investment institutions, Li Feng is "used to them", and those who want to negotiate terms leave directly.

Even James Gao Wen, the president of Morgan Stanley, who wanted to use Fengrui to promote the Android system this time and lower Fengrui's financing conditions, was directly excluded by Li Feng, let alone other institutions.

Therefore, after excluding 20 domestic investment institutions from the remaining 5 investment institutions, as for the remaining 14 investment institutions, they will be settled by Li Feng within a few days, and the general financing plan is basically finalized up.

Among them, Li Feng's biggest intentions are Sequoia Capital, Goldman Sachs and IDG Capital.

Especially for Sequoia Capital, not only did the founder Don Valentine come forward in person, but the conditions are very high, the key is that the attitude is very good!
Moreover, Don Valentine followed up from the beginning, and even followed Li Feng from the United States to China, and from China to the United States. This attitude is really unreasonable.

It seems that many people can succeed because of another reason, and attitude is the most important thing!
Don Valentine also said: "Leo, I don't need to say anything else. You can see my attitude. I, an old man, have followed you around the world. Although the investment community is not optimistic about Fengrui this time. The Android mobile system launched, but I am personally very optimistic, because venture capital is gambling, and gambling is the biggest bet, so I am willing to bet on Fengrui!"

Li Feng didn't expect that Don Valentine would be so "gambling". After all, no Chinese had ever done a mobile operating system, and even he wasn't sure about it, so he dared to gamble, and he gambled with real money!
"Leo, I pay attention to efficiency in my work, and I prefer to support it with practical things. Our valuation of Fengrui was 320 billion U.S. dollars, and now I plan to increase Fengrui's valuation to 350 billion U.S. dollars. How about it!
The only principle of my investment is to invest in people!Others think you will fail, I believe you will succeed!It will be successful, because I am very optimistic about you, Leo!At least in my many years of investment experience, I have never seen such a wise person, so I believe you! "Don Valentine said in one breath.

Then what else is there to consider? Don Valentine, the "Father of Silicon Valley Investment", is so good at bragging, it made Li Feng intoxicated, and Don Valentine's bowl of "chicken soup for the soul", Li Feng said. Feng felt embarrassed.

Well, don't stop, you can keep blowing for a while.

The key is to have the support of real money, just like subscriptions to novels, everything else is false, and only subscriptions with real value are the greatest support for authors!

Another point is that the official subscription sites for this book are Qidian and QQ Reading, and the rest are all pirated copies!

Li Feng also said: "Old Tang, don't say anything. Since you are so optimistic about me, then I can guarantee that your Sequoia Capital is the one with the most financing."

With Li Feng's words, Don Valentine felt relieved. He paid so much not only for Fengrui, but also for Fengrui's future investment. After all, Fengrui is doing very well.

Don Valentine also said: "Leo, speaking of it, we are also old partners. The "Sequoia Capital China Fund" established by our two companies investing in Shen Nanpeng is doing well now. I hope we will have more development in the future." Chance."

Don Valentine didn't talk about it, Li Feng forgot, Fengrui, Shen Nanpeng, and Sequoia Capital jointly established a China investment fund as early as September 2005, "Sequoia Capital China Fund", Among them, Fengrui provided a "RMB fund" of RMB 9 million.

Li Feng also understood what Don Valentine meant. It would be a good thing to cooperate more in investment, and Li Feng readily agreed.

If Don Valentine of Sequoia Capital is optimistic about Li Feng's investment, then Goldman Sachs invested in Fengrui to serve as the underwriter and the main underwriter of Fengrui's IPO.

Originally, Douglas Fagan, vice president of global investment at Goldman Sachs, valued Fengrui at 320 billion U.S. dollars, but when he learned from Li Feng that Sequoia Capital had raised Fengrui's valuation by 350 billion U.S. dollars, he finally thought about it. Agreed, but his condition is that he wants to be the main underwriter of Fengrui's listing.

But this was rejected by Li Feng, "President Douglas, Fengrui's listing is hard to say, I plan to be in 2012 when Fengrui's [-]th anniversary, this is too far away from now, I can't give you a guarantee,
But I can agree to let Goldman Sachs be the underwriter of Fengrui’s listing, but the main underwriter has to wait, but I can also guarantee that Goldman Sachs will be the priority. Under the same conditions, Goldman Sachs will definitely be chosen. After all, our president Liu Zhiping is from Goldman Sachs. , I very much recognize the level of Goldman Sachs. "

Since Li Feng said so, Douglas Fagan, the vice president of Global Investment of Goldman Sachs, has no objection, and expressed his willingness to accept it. He just hopes that Fengrui can go public as soon as possible, and he can't insist on pursuing the [-]th anniversary deliberately.

If Sequoia Capital and Goldman Sachs Investment Fengrui have potential demand, then IDG Capital is more for a kind of sentiment.

In particular, Fu Qiang's expression of "voting for you" also made IDG Capital pay a little price. Others invested 350 billion U.S. dollars, and he invested 360 billion U.S. dollars.

Of course, IDG Capital is not the highest, there are other investment institutions.

After the three major American venture capital institutions have been settled, the rest is easy to talk about. Li Feng directly "selects the general from the crippled team" and "whoever gives the most money will choose whoever" principle,

In the end, three companies were settled, namely, the "Abu Dhabi Investment Fund" of the United Arab Emirates, the investment group "DST" of Moscow, Russia, and the "Temasek" of Singapore, all of which were negotiated at a price of 3 billion US dollars.

As for the domestic ones, after Liu Zhiping finishes talking, choose two more, but you have to remove Zhang Fengtian from CIC first, so that you can pretend to be forceful and useless!

(End of this chapter)