Actually I just want to act

Chapter 52 Acquisition?No talk

The steak, pasta and borscht were brought out, and Ling Changyun gave them priority to Fang Jiming.

Fang Jiming also abided by etiquette, and waited for the dishes to be served before saying "please" to each other, and then began to eat.Left knife and right fork, Chinese people these days pay great attention to the use of Western tableware.In fact, Fang Jiming didn't care at all. In his opinion, knives and forks are tableware that the Chinese have discarded. Archaeological circles have unearthed Chinese bone knives and forks more than 4000 years ago, which proves that knives and forks are not so practical.

Trouble aside, the chopsticks are not flexible enough.

If he didn't think it was necessary, Fang Jiming would have liked the waiter to bring up the chopsticks directly.Is it okay to eat the steak sandwiched, take a big bite, it's all up to you.

Squeaking and slicing the steak, Fang Jiming was waiting for Ling Changyun to speak.

Little did they know, Ling Changyun was also waiting for Fang Jiming to speak.

Talking about business is actually about arrogance, whoever can't help but speak first, it means that there is something to ask for.However, Fang Jiming was very patient.Just kidding, people who can endure loneliness and code, that is the existence that can not communicate with others for a day!Ling Changyun was also a programmer. Two boring gourds were together, and a western meal was almost finished. Ling Changyun picked up the wine glass and wanted to clink with Fang Jiming: "Mr. Fang, I toast you."

Fang Jiming smiled slightly when he saw Ling Changyun holding a red wine glass.He pinched the handle of the red wine glass with his fingers, shook the glass lightly, and touched Ling Changyun obliquely.As for Ling Changyun, he actually held the wine glass with his whole palm in the posture of drinking foreign wine.

Why can't you drink red wine with the palm of your hand?

It's simple, because foreign wine needs to be warmed up to taste good, while red wine needs to be cooled down to sober up.Remember this and people won't laugh at you.But Fang Jiming didn't mean to look down on Ling Changyun. In fact, no matter how he drank it, it was wine, even in his stomach.Anyway, Fang Zhiming couldn't taste any difference in the red wine held in various positions, they were all bitter and pungent.To give Fang Jiming a choice, he would rather drink rice wine, which is not only nutritious but also sweet.

Let's put it this way, you are a successful person, no matter how you hold the red wine glass, you are a successful person, and no one dares to despise you.If you are not a successful person, no matter how correct your posture of holding the red wine glass is, no one will look up to you because of it.

Clink glasses and drink it all down.Ling Changyun looked proud, but Fang Jiming thought he was not strong enough to drink, so he took a sip.

Ling Changyun said with Jiu Jin: "Mr. Fang, to be honest, I treat you to dinner because I like your hao123."

Fang Jiming was not surprised, and said flatly: "I may not be able to afford my asking price."

Ling Changyun was taken aback for a moment, thinking that Fang Jiming was really interesting.Because although he couldn't tell Fang Jiming's age, looking at Fang Jiming's appearance, he would definitely not be over 30 years old, and he might even be a student who had just graduated from school. "Mr. Fang, why don't you make an offer?"

Fang Jiming said slowly: "First of all, an acquisition is impossible. If it is an acquisition, it is out of the question. Financing is possible, but I want to retain at least 51% of the equity in order to control the development direction of the website. The financing I accept, and The largest shareholder, the equity of the first round of financing, cannot exceed 30%. Let’s put it this way, this is the investment red line in the international capital market. If the asking price exceeds 30% of the equity, the founders have no motivation to continue their business.”

Ling Changyun became more serious. He didn't expect Fang Jiming to be very good at financing!

You know, Jiuzhou Network Company was cheated in this way, and actually gave out 40% of the equity in the first round of financing.If it weren't for the development of online games later, and Ling Changyun's second round of financing by diluting the equity, I am afraid that Jiuzhou Company will change hands.Now, Ling Changyun's equity is very precarious, accounting for 45%.If another major shareholder hostilely acquires the shares, I am afraid that Jiuzhou Internet Company will really change ownership.

"Then I want 30% of the equity, 500 million!" Ling Changyun felt that the price he gave was already very, very high, and it was a premium financing.

However, how can there be financing that is not at a premium?

If you are not optimistic about this company, why do you invest in it?Isn't this too much money to burn panic!

Fang Jiming smiled, and said very calmly: "500 million, I can only give you 5% of the equity."

Ling Changyun was taken aback, he found it very funny: "It seems that Mr. Fang has great confidence in his website?"

Fang Jiming would definitely not say that when Baidu acquired hao123 wholly-owned, it cost 5000 million plus Baidu's part of the equity.Of course, according to insider information, in fact, Baidu only spent 1000 million, and the rest was priced in equity. 1000 million plus Baidu's equity valuation of 4000 million is considered very good.

Ling Changyun did not expect Fang Jiming to be so reticent, 500 million, which was already a huge amount of money in China in 2000.

"Dr. Ling, I am really optimistic about the navigation website. According to my statistics, hao123 adds more than 100 new users every day. The growth in the first three days has exceeded [-] million for the entire Shenghai alone. Such a huge user base, It is the best choice for traffic import. As long as the website is interested in showing its talents on the Internet, it is impossible to ignore the navigation website. And my technology can be said to be one or two years ahead of the times. That is to say, within one or two years, I It will definitely occupy the top traffic of the navigation website. By then, the number of users will reach tens of millions, and Director Ling probably understands what this number of users means, right?"

In fact, Fang Jiming did not express his judgment.

These days, 95% of Internet users are rookies, so as long as hao123 occupies 90% of the market, then in 2000 there will be more than 2000 million Internet users, at least 1800 million will use hao123 to navigate the web.Even if the conversion rate is only 30%, the number of clicks will exceed 500 million.If the conversion rate exceeds 50%, then there are nearly ten million clicks!

Tens of millions of levels!

Which website dares to underestimate hao123?

How could hao123 be worth only 500 million? !

Traffic is justice!
This is the case in the Internet world, big heads take all.Fang Jiming is well aware of this, so he is up for grabs.Of course, if someone is willing to pay 3000 million, Fang Jiming will sell it too.Navigating the website will only become more and more difficult to do. With a high valuation, selling it early is the best choice.

Ling Changyun laughed, and said, "Mr. Fang is really a great talent!" In fact, Ling Changyun had already cut off the idea of ​​recruiting Fang Jiming, because he knew that people with skills, ambitions and even understanding of the market would not Willing to live under others.After thinking about it, Ling Changyun continued: "Then I want 30% of hao123's equity! I'll pay 3000 million!"

Fang Jiming was taken aback for a moment, this indeed exceeded Fang Jiming's expectations.

Because in Fang Jiming's opinion, 3000 million can buy hao123.

"Cash?" Fang Jiming asked cautiously.

Ling Changyun shook his head and said, "No, I will only give you 1500 million in cash, and the remaining 1500 million will be exchanged with you for 5% of Jiuzhou Network's equity."

(End of this chapter)