You call this entrepreneurship?

Chapter 266

"What exactly did the people at YouTube talk about? Are the rumors outside true?"

Peng Xiaolin asked excitedly in a low voice.

Zheng Nan looked at the other party speechlessly and coughed, "Boss Peng, this matter involves commercial secrets, I can't disclose it."

"Boss Zheng, this is too rude of you." Peng Xiaolin was not willing to miss this opportunity. He finally managed to get hold of a person who knew the inside story. "They are all from the venture capital circle, and I don't see them often."

"I'm not asking about commercial secrets. I just want to know if the news the reporter wrote in the newspaper is true."

Zheng Nan paused for two seconds. "The newspaper adopted the unilateral statement of YouTube's shareholder representative and distorted the facts. We will refute this statement later."

"It's normal for reporters to write nonsense." Peng Xiaolin continued to ask, "So, you really want to sell Qvod for 2 billion?"

"That's not true." Zheng Nan denied directly, "We are still negotiating."

Peng Xiaolin said enviously: "YouTube's shareholder representatives have told reporters that the negotiations have reached the stage of discussing how to pay. It's meaningless for you to deny it, Mr. Zheng."

Zheng Nan was surprised and asked, "Did they say that?"

Peng Xiaolin took out a newspaper and pointed it to Zheng Nan. "These are the exact words of the YouTube shareholder representative outside the meeting. This can't be something the reporter wrote down randomly, right?"

"That's not what the other party meant. He was just giving an example." Zheng Nan didn't know whether to laugh or cry. "The negotiations haven't come to a final conclusion yet. We haven't even agreed on the price."

Seeing that Zheng Nan refused to reveal the truth, Peng Xiaolin had no choice but to let him go and instead found Hou Jingtao of Dachen Venture Capital.

"Boss Hou, you are also a shareholder of Qvod, right?" Peng Xiaolin asked with a smile, "We are so close, you won't just treat me lightly, right?"

Hou Jingtao was stunned for a moment, then said awkwardly: "We have sold our shares to SoftBank."

"Sold it?!" Peng Xiaolin looked at Hou Jingtao in disbelief, and then asked hurriedly, "What price did you sell it for?"

"SoftBank bought our shares at a valuation of $200 million," Hou Jingtao said with some pride. "I heard YouTube also negotiated an acquisition based on a similar valuation."

"Are you sure?" Peng Xiaolin asked hurriedly, "YouTube is really willing to pay so much money."

"That should be correct." Hou Jingtao thought for a moment, "I heard that YouTube raised $240 million in financing in the United States specifically for the acquisition of Qvod."

Peng Xiaolin was really envious and jealous now. "Two hundred and forty million US dollars, or two billion, just to buy a Qvod website!"

"You guys really made a profit this time. When will Lenovo Investment have such good luck again?"

Hou Jingtao also said in a complicated tone: "I just made a little money. Softbank and IDG made a lot of money this time?"

Peng Xiaolin heard the other party's tone was not right, and asked quickly: "What do you mean?"

"I heard that Qvod was not satisfied with the price offered by YouTube, and the negotiation broke down after only half an hour," Hou Jingtao said sadly. "Qvod was very ambitious."

"Ah?" Peng Xiaolin was shocked. "Two hundred and forty million dollars is not enough for them. How much do they want?"

"There are rumors that it is 360 million US dollars." Hou Jingtao said casually, "But this has nothing to do with me. I have already sold my shares to SoftBank. Alas."

"People are greedy, and they want more than an elephant." Peng Xiaolin said jealously, "How much money is needed to satisfy their appetite?"

Hou Jingtao suddenly changed the subject, "Boss Peng, I heard that you also invested in a video website. What does it look like? Let me see it and broaden my horizons."

"It's just an incubation project, not worth mentioning, not worth mentioning." Peng Xiaolin laughed.

"Mr. Peng, please don't be so modest. The size of a project is not important, but the track of the project." Hou Jingtao said with a smile, "Qvod.com was not that big when it was first established, but now it dares to ask for 2 billion to start."

"Now everyone is eyeing the gold mine of video websites and looking for entrepreneurial teams all over the world."

"Boss Peng, you are really quick. You got the upper hand this time. If you have a chance to make a fortune, don't forget me, your brother."

"Next time, definitely next time." Peng Xiaolin was so proud that he almost floated to the sky.

This time we are really going to get rich!
The last time he called Xiong Xiaoge, the other party denied everything and refused to reveal any information.

Now it’s been exposed in less than a month.

Xiong Xiaoge is really greedy, as he is not satisfied with the sale of Qvod for 240 million US dollars.

But this is also a good thing, which shows that there is great potential in the field of video websites.

If you, Qvod, can do it, so can Tudou!
Peng Xiaolin immediately started to think about it in his mind and decided that Tudou must be launched online this month.

Then expand rapidly for three months, and then sell it, then you will be really rich!

Why don't you stay and run it yourself?

Are you kidding me? What kind of company are we?
Our motto is that it is better to buy than to make. How can we make money by operating it ourselves than by selling it to Americans?

Website development, maintenance, and operation all have costs, so it’s a very profitable business once you get them.

Any smart person would know what to choose.

Peng Xiaolin immediately called Wang Wei and asked, "Can your website be launched?"

"It will be ready soon." Wang Wei said repeatedly, "We have solved the main technical problems, and the rest is optimization."

"What are you waiting for? The market is so hot right now, everyone is eyeing the video website." Peng Xiaolong said impatiently, "Hurry up and go online!"

"This." Wang Wei hesitated for a moment, "Next week, we will go next week."

"No, the day after tomorrow at the latest." Peng Xiaolin raised his voice. "The YouTube people are still in Beijing now. The sooner they go online, the better. We need to show them the website."

"Prove to them that China has more than one video website. Qvod is just like that. What they can do, Tudou can do too!"

"Mr. Peng, our website is not perfect yet." Wang Wei said with great embarrassment, "There are some minor problems that have not been solved yet."

"Then we should release a test version first, at least people should see something." Peng Xiaolin said casually, "That's it, I'm going to hang up now."

……

"Everything is going well, there are just a few minor problems, don't worry I will handle it."

Davis hung up the phone with a smile, then sighed and looked at Qin Shaoyan who was sitting opposite him.

"John," Davis said sincerely, "We have been working together for two years, so we are friends after all."

"It's been one year and five months," Qin Shaoyan replied, "We are friends." "Since we are friends, we should talk openly," Davis said in a gentle tone, "We have had a tacit understanding since we cooperated on Facebook. This time, we made a wonderful cooperation on YouTube and took down that bitch Bowman."

"You are a shareholder of both YouTube and Qvod. If the negotiations remain deadlocked, you will suffer the most."

"Please persuade those shareholders not to be so greedy. Let's work together to get the negotiations back on the right track."

"Two hundred million dollars, how about that?"

Qin Shaoyan did not speak, but stood up directly, "I'm sorry, my friend, it seems that our friendship is only worth 40 million US dollars."

"Hey, wait a minute." Davis quickly stopped Qin Shaoyan, "Two hundred and forty million, I owe you a favor."

Qin Shaoyan sat back on the sofa and sighed, "Davis, you can see that it is difficult for me to convince my shareholders with such a small amount of money."

Davis was a little unhappy. "Your shareholders are too greedy! They clearly know that YouTube only has 240 million US dollars, and didn't we agree on that before?"

"The previous price was just what I agreed to. The shareholders have different opinions." Qin Shaoyan also sighed and said, "There's nothing I can do."

"Mr. Qin!" Davis said anxiously, "You agreed to this as a major shareholder of Qvod.com, but why do you not have as many shares as you did when you returned to China?"

"What the hell are you playing?"

"You think it's my fault?" Qin Shaoyan said angrily, "I never told you that I'm a major shareholder of Qvod.com, I just control most of the shares of Qvod.com!"

"Chao Neng Li Co., Ltd. was also an early shareholder, but they and I signed a concerted action agreement, and I was also a major shareholder of Chao Neng Li Co., Ltd. before."

"It's just that everything changed a little before I went to the United States. The vast majority of my shares in Chao Neng Li Co., Ltd. were taken away."

"Took away?" Davis was stunned for a moment, "Why was it taken away?"

"Davis, I have my own difficulties." Qin Shaoyan said helplessly, "I can't refuse the person who took the shares. It can be said that without him, I would not have everything I have now. Everything I have is given by him."

"It was originally just a normal change of equity. I didn't expect that everything would change after returning to Beijing."

“I can’t influence the shareholders’ opinions.”

Davis suddenly realized when he heard this, it turned out that Qin Shaoyan was a white glove.

Then it all makes sense. No wonder this guy with no background suddenly appeared and started a business with a large amount of capital.

It turns out there are people supporting them behind the scenes.

Qin Shaoyan might be the professional manager chosen by some powerful person. He has a clean record, no background, and strong abilities. He is simply the perfect candidate for white gloves.

Changes in equity are also normal. After all, Qin Shaoyan controls too many companies and funds.

Davis alone knew of four.

Qin Shaoyan established the TNB investment company in the United States and invested in many projects. Moreover, the equity of this company is very complicated and nested, making it difficult to say who the real boss behind the scenes is.

Although the logic was sound, Davis became even more desperate.

He originally thought that acquiring Qvod would be an easy matter, but now it seems that the interests of shareholders involved are too complicated.

"John," Davis said sadly, "you have to help me and try to convince those shareholders."

"Although Qvod is good, its value has reached a limit of 240 million US dollars, and it cannot be increased any further."

Qin Shaoyan hesitated for two seconds and said slowly, "I can help you try, but I can't guarantee it will work."

"We must think of a way." Davis held Qin Shaoyan's hand tightly, then took out a beautifully wrapped small box and stuffed it into Qin Shaoyan's hand, "A little gift."

"Uh, thank you." Qin Shaoyan put away the gift and said, "I'm so sorry."

After leaving the hotel where Davis was staying, Qin Shaoyan got into the car and casually opened the box. When he opened it, he found that it was also a watch.

It is a square watch from the Patek Philippe 5101 series, and it looks very valuable.

Qin Shaoyan laughed dumbly and shook his head, "Don't these foreigners know anything else besides giving watches?"

It is easy to receive gifts, but it is difficult to do things.

On the third day after arriving in Beijing, the YouTube team held a second round of acquisition negotiations with QVOD.

This time, Xiong Xiaoge and his companions were not present, but only sent deputies and assistants to take charge.

The person sent by IDG is still an acquaintance, Xiong Xiaoge’s right-hand man Zhou Dao.

At the beginning of the negotiations, Zhou Dao, obviously following Xiong Xiaoge's instructions, went all out and insisted on the price of 360 million US dollars.

He said very firmly that if the price could not be negotiated, there was no need to continue the acquisition negotiations.

Before other shareholder representatives could speak, the representative of Chao Nengli Co., Ltd. stood up and expressed his agreement.

The second round of negotiations ended faster than the first, and the only consensus reached by both sides was to hold a third round of talks three days later.

After the negotiations ended, the YouTube team left directly through the back door of the hotel, standing up the reporters at the door.

That night, Qin Shaoyan received a long-distance call from Bill Gates.

The two exchanged pleasantries, and then Bill Gates said happily: "John, I have recorded the video of completing the ice bucket challenge and uploaded it to YouTube."

Qin Shaoyan was overjoyed when he heard this and thanked him repeatedly, "Thank you for your support for charity and YouTube. You are such a good person."

"I will notify YouTube shortly and ask them to pin your video to the top of the homepage and mark it as a popular recommendation."

"These little things are not worth mentioning. They are all for charity and public welfare." Bill Gates said modestly, "We can invite more celebrities to join us to promote charity, and our Microsoft employees will actively respond."

What Bill Gates said is equivalent to Microsoft openly supporting YouTube, and he is determined to win YouTube.

"I am very excited about the prospect of cooperation between YouTube and Microsoft." Qin Shaoyan said excitedly, "With the support of Microsoft, YouTube's growth potential is limitless."

"It's all for charity." Bill Gates said casually, "By the way, John, how are the negotiations for YouTube to acquire the Chinese video website going?"

Qin Shaoyan answered truthfully about the current differences between the two companies and expressed concerns about the prospects of the negotiations.

After listening to this, Bill Gates smiled and said that this was a normal business negotiation process and nothing big.

(End of this chapter)