China Entertainment: Starting from 07 Kuainan

Chapter 247: Weibo battle, getting ahead of the game

Two days later.

Lu Yuan sent Zeng Li to the airport, and then went to Fanfou.com.

Today is the day to negotiate with Tengxun.

Although Lu Yuan is not responsible for the specific negotiations, as a middleman, he must be present.

If Fanfou.com were sold at a higher price, he would also be the beneficiary.

Lu Yuan invested 500 million in Fanfou.com and Hainei.com, each owning 14.8% of the equity, according to his original idea.

This 1000 million is equivalent to wasting money.

However, now there is hope for a return.

There are still three points of nails in the broken ship.

Fanfou.com has nearly 400 million registered users and about 80-90 daily active users, making it the first echelon of Weibo websites.

Moreover, Fanfou also has the reputation of being the first Weibo in China.

First, it’s very valuable.

Even if Fanfou.com is extremely stuck due to the review, the valuation of 5000 to [-] million is still possible.

The valuations of Internet companies are notoriously inflated.

Compared with last year, Fanfou.com's valuation has not even doubled, which is already considered slow.

If the transaction can be completed at a price of 4000 million, Lu Yuan can still make a small profit of 100 million on Fanfou.com.

As for the overseas network, it is definitely at a loss.

If you can get 200 million back, it's not a loss.

Anyway, no matter how big or small the loss is, in Lu Yuan's eyes, it is all profit.

but.

When he arrived at Fanfou.com, he found that the atmosphere was a little tense and solemn.

After listening for a while, Lu Yuan understood the difference.

Tengxun’s bid is not low.

The package price of the two websites is 7500 million, of which Fanfou.com is valued at 6000 million and Hainei.com is valued at 1500 million.

However, there are conditions for 7500 million.

Even the team packed together.

You must sign a minimum three-year contract and sign a non-competition agreement.

That is, after the contract expires and you leave your job, you are not allowed to work on Weibo-like websites.

And this is inconsistent with Wang Xing's expectations.

First of all, he will definitely not stay on Fanfou.com.

Group buying websites are a brand new track.

Just like founding Xiaonei.com and Fanfou.com, he is a pioneer in China.

Second.

It is impossible for him to force others to join Tengxun.

If you are willing to join, he will not stop you.

If you want to go with him, he will definitely not turn you away.

From the beginning to the end, Lu Yuan maintained the attitude of a bystander. No matter how intense the discussion between the two parties was, he never intervened.

All he does is pull strings.

Whether it succeeds or not is the choice of Tengxun and Fanfou.com.

However, in the afternoon, the merger and acquisition matter ushered in a turning point.

Seeing that Wang Xing and others were determined to leave, the people from Tengxun Investment Department proposed a new plan.

2000 million to acquire Fanfou.com.

When the negotiation reached this point, Lu Yuan slowly came to appreciate it.

See the picture poorly.

Tengxun seems to have lost money by acquiring a shell company for 2000 million, but from an investor's perspective, this transaction is not a loss at all.

Tengxun is a listed company.

By acquiring Fanfou, which is known as [the first Weibo in China], and placing it in the capital market, the effectiveness of this transaction will be amplified several times or dozens of times.

If the stock price rises for a day, everything will come back.

Perhaps Wang Xing didn't react immediately, but as they talked, he came to his senses.

From the beginning of the negotiation, Tengxun was probably trying to acquire it at a low price.

This knife cuts hard.

Even if he cuts him off from the waist, he won't stop.

In fact, if Wang Xing turns around and goes to Xinlang Building, Fanfou.com will definitely sell more than this, but he won't eat steamed buns to gain reputation.Selling to Tengxun at a low price is better than selling to Xinlang.

The former will only make you sick for a while, while the latter will make you sick for a lifetime.

soon.

The time came to four o'clock in the afternoon. After several rounds of verbal battles, Tengxun raised the offer to 3000 million.

Then it bites to death without moving.

Faced with the tough Teng Xun, Wang Xing could only use his trump card.

He told everything about Fanfou.com’s business plan.

This plan is the crystallization of the wisdom of their team. Even investor Lu Yuan also participated in it and contributed his own strength.

In fact, from Lu Yuan's perspective, he just talked about some of Weibo's future functions in advance.

Functions such as @someone, private messages, comments, forwarding, hot search rankings, celebrity certification, etc.

of course.

Boss Lu also contributed a lot of suggestions to the supporting marketing plan.

Celebrities and well-known big Vs will settle in to strengthen the interaction between celebrities and ordinary users, etc.

Seeing this business plan full of useful information, Liu Chiping felt a little embarrassed in his heart, but on the surface, he didn't feel any guilt at all.

Immediately afterwards, he was attracted by the content of the plan. He couldn't help but clap his hands when he read the excellent ideas.

"it is good!"

As soon as the words came out, Liu Chiping adjusted his mood instantly.

Made a mistake.

Taking the initiative to praise the negotiating opponent but leaving it aside during the negotiation is equivalent to actively losing the initiative.

If Wang Xing was just an ordinary entrepreneur, there would be no problem in maintaining the original bottom line even if he wiped everything out.

But he had to consider Lu Yuan's position.

If you really do this, wouldn't it be a slap in the face?

Lu Yuan is not only a star, he is also the boss of a cutting-edge media company.

Since the establishment of Star Media, all the film and television dramas it has released are hits, although not every one of them can compare with "Star You".

But what is the concept of 100% hit rate?
Those who engage in investment should pay more or less attention to metaphysics.

There is no benefit in being on bad terms with such people.

What's more, before he came to Yanjing, he personally reported to pony. Pony did not limit the specific budget, but only gave a general direction.

Be as decent as possible.

After a while, Liu Chiping closed the plan and gave a new quotation.

6000 million.

Take the initiative to double the offer.

In his eyes, the plan alone was worth 6000 million.

Tengxun is fully capable of doing what Fanfou.com cannot do, whether it is inviting celebrities to settle in, attracting traffic, or conducting reviews.

With this mature plan, the Weibo battle between Xinlang and Tengxun has not yet begun, and Tengxun is already one, or even several positions ahead.

Why should Xinlang fight them?
A few minutes later, Wang Xing and Tengxun’s people reached a consensus on a price of 6000 million, and packaged and sold all the assets of Fanfou.com and Hainei.com, including the project codes that have not yet been launched.

The price of 6000 million was not too far from what he expected.

If you don't have the Internet, you can't compete with Xinlang.

Then let Teng Xun fight.

Those things that could hold him back could not hold Teng Xun back.

"Pleasant to work with."

"Pleasant to work with."

Looking at Liu Chiping's outstretched hand, Wang Xing smiled and stretched out his hands.

"Mr. Liu, please be kind to Fanfouwang in the future."

"Haha." Liu Chiping smiled and nodded: "Definitely!"

From Tengxun's perspective, although the price of this acquisition is higher than expected, Fanfou.com's ecology is very mature.

The @ function, forwarding, celebrity certification, hot search rankings and other functions have also been made into demo versions. With slight modifications, the test can be launched online.

With Tengxun’s manpower and material resources, it only takes one month for the new Fanfou.com to be launched.

On the other hand, in Xinlang, it will take at least three months to half a year to start the internal testing.

For Internet products, time is the lifeblood.

Let alone three months or half a year in advance, even if it is only one month in advance, Tengxun can leave Xinlang Weibo far behind.

And if Xinlang wants to catch up with them, even if it goes smoothly, it still needs to pay several times or more than ten times the time.

(End of this chapter)