Reborn Millennial Gamer

Chapter 56

"Share swap?"

Lu Huateng and Zeng Liqing looked at each other, greatly surprised.

Lu Fei took out a piece of paper, on which two companies were written, Donglu was on the left, and an arrow was drawn pointing to the penguin on the right, with "cash + equity" written on the arrow.

"You not only have cash and equity, but after the acquisition, your team retains control over Penguin. Unless there are major decisions, I will not interfere and reserve an option pool for you. What do you think?"

I have to say that this idea is indeed feasible and attractive.

If the replacement is successful, they will get rid of the bleak penguin, and suddenly become the shareholders of Feibu favored by capital, which seems to be a good thing.

The key is that they continue to control the penguins!

Zeng Liqing glanced at Lu Huateng, and Lu Huateng also glanced at him, making eye contact. They didn't leave in a hurry, but asked tentatively:
"What is Mr. Lu's valuation of Penguin?"

"800 million to 900 million dollars." Lu Fei said.

Lu Huateng felt that the estimate was underestimated. After one year of hard work, he burned through 1 million US dollars. It was only this little, and he still had to pay 220 million US dollars.

Lu Fei put down his pen, "Do you still think there is room for a premium price for penguins?"

"Our number of users is still increasing rapidly." Lu Huateng picked up a pen, wrote down a few numbers on paper, and drew circles over and over again in the line "AOL (America Online) acquired ICQ for US$2.87 million."

"But you don't have a profitable model, otherwise it wouldn't be my turn, right?"

Lu Fei saw their expressions change, obviously hitting a weak point, the office was instantly quiet, and the air became solemn.

In fact, chat tools are not difficult to make.

QQ can copy ICQ, and Lu Fei can completely copy future QQ, defeating Lu Huateng.Now QICQ has not been renamed QQ, and the interface is not as personalized as later generations.

But the heart is more than enough, and the strength is not enough.

Feigo.com, Caifubao, plus QQ, 500 million US dollars is not enough to burn, and the manpower is not enough, otherwise why keep Lu Huateng and the others?
Even if someone has the energy but is behind in time, China Mobile will launch "Monternet" in mid-January 01. Penguin immediately finds a channel to monetize the traffic, revives it, and takes off in an instant.

At that time, the acquisition is impossible to acquire!

He looked at the two people who were silent, and said lightly: "Although you don't have it, I do. I have an idea that can make Penguin profitable."

In an instant, like a heavy bomb, it exploded in Lu Huateng's head, buzzing, and his confused eyes were full of heat.

Mr. Lu, get me out of here!

Lu Fei had a straight face, the Buddha only crossed his own (self) people.

Zeng Liqing took a deep breath, "Then, how much cash is Mr. Lu going to take, how much shares of Feigo.com in exchange for our 55% equity?"

"You misunderstood, it's not Feigo.com, it's Donglu Group."

"Donglu Group?!" Lu Huateng and Zeng Liqing were shocked.

Lu Fei nodded and crossed his hands.

Now it is still diluting the equity of Feigou.com, will it continue to raise funds?Feigou.com swallowed Penguin and became bigger and stronger. Didn’t it cost IDG and Carlyle Capital in vain?
"Donglu Group not only has Feibu, but also Caifubao. There will be more industries in the future. If you agree, Penguin will be the third one. The valuation is not much bigger than Feigou."

"If Mr. Lu invests in Penguin, we welcome it."

Lu Huateng adjusted his glasses, wavering, "We have to go back and think about buying Penguin."

"Mr. Lu, give me an answer as soon as possible."

Lu Fei's tone was strong, and he felt that the force was not strong enough. He glanced at the computer screen and suddenly screamed, "It's not good!"

"What's the matter, Mr. Lu?"

Lu Huateng was puzzled, and looked in the direction of his gaze, and saw that the Nasdaq stock market had turned blood red, and the entire screen was falling, and the stock index was like a flood, pouring endlessly.

"This this……"

The eyes of Lu Huateng and the others widened, they were terribly horrified. The last time they saw such a terrifying scene was the financial tsunami.

The corner of Lu Fei's mouth was slightly raised, and he added: "The Internet bubble has completely burst!"

…………

"Back in March, the Nasdaq was on the brink of collapse.

51 Internet companies are facing depletion of cash flow, declining stock prices, cashing out of executives, and rising investment risk aversion. It is difficult for these companies to refinance.

The bubble finally burst, and the U.S. stock market was in turmoil.Investors began to sell in panic. In less than three days, the Nasdaq index plummeted by 13%, and on December 12 alone, it fell by more than 6%..."

Lu Fei browsed the "Wall Street Journal". The advantage of being with a group of high-achieving students is that they don't know where to ask, stumble, and barely read it.

The eyes moved back to Nasdaq, it was called a red, blood flowed like a river, it was so bright, and even Microsoft, Apple, and Amazon were plummeting.

Not to mention Net Arts, New Wolf, and Sohu, the crazy diving is not yet a climax. After the stock market crash broke out, Xin Wolf is only 1 dollar per share, and Sohu and Net Arts are only a few cents.

Lu Fei rubbed his hands. Instead of being frightened by the cold winter of the Internet, he was even more excited. The time to buy the bottom is coming.

"You can still laugh?" Xu Lei pouted.

"If you don't laugh, do you still cry?"

Lu Fei shook out a cigarette from the cigarette case and threw it over: "You run to me all day, you are in Cao Ying and your heart is in Han, why don't you resign and work with me now."

"How stupid am I? The dot-com bubble and NASDAQ have collapsed. Now I'm abandoning my position as the department manager of Lianxiang and jumping on your ship?"

Xu Lei lit his cigarette, "Can this small boat of yours withstand this tsunami?"

He said so with his mouth, but his body was honest, and he ran right away.

Lu Fei calmly said: "Don't panic, Feigou.com will not die, Donglu will not die, and the Internet will not collapse. The 500 million dollars in my hand are enough for me to live until the day when the Internet recovers."

"If you know, save some money."

Xu Lei frowned: "I heard that you still have to spend money and equity to buy QICQ. It's not difficult. You can just make one yourself. Why spend millions of dollars to buy one?"

"If one million users can be cashed out, wouldn't it be a piece of cake?"

"Realize it? If you can think of how to realize it, our Lianxiang has already invested, and you can still take advantage of it?"

"Lu Huateng looked for you, then what?"

"I haven't even passed the first level of the investment department." Xu Lei took a breath.

"As expected of Lianxiang's vision."

Lu Fei sneered, and asked: "How about we make a bet, I can make Penguin profitable. If profitable..."

"Even if I give you a penny of profit, I will resign from Lianxiang and come to you as the vice president!"

Xu Lei stuck his neck, in fact, he was looking for reasons for job-hopping.

After all, even penguins who are recognized as unable to make money can make money, even in the cold winter of the Internet.

This person must be the Lord of England!

…………

"Ah."

"Ah!"

Lu Huateng grabbed his hair with both hands and pulled it hard. His hands are full of hair. Since he founded Penguin, he has lost a lot of hair, and he is struggling to survive every day.

It has only been a few days since the Nasdaq crashed, and the Internet industry has become a catastrophe that major investment institutions avoid, not even giving them the opportunity to meet and drink coffee.

Not to mention a penguin like a bottomless pit!

Seeing Zeng Liqing approaching, he hurriedly asked: "How is it, how is it, what does Lianxiang say?"

"The report was rejected by the investment department before it was handed over to the investment president Zhu Linan."

"Yingke, what's IDG's attitude?"

"It's hard for them to protect themselves now. Li Zekai's side is very ambiguous. They want to follow up for a while, and they say they need to take another look at a while. I can't believe it."

Lu Huateng said: "Where is the new wolf? Didn't Zhidong say that Mr. Wang came to our place?"

Zeng Liqing sighed deeply: "Yeah, I still locked him in the office and didn't let him leave, but there was still nothing to say. Zhidong was out of luck. He called and said that we only had less than 60 yuan left in our finances, and we couldn't find any more money. By the end of the year."

Lu Huateng said anxiously: "Let's try again. Lu Fei said he has a way to make a profit, and we can think of a way too."

"Advertising, members, Xu Chenye and the others are already doing it."

"What do you think about selling numbers?"

(End of this chapter)