You call this entrepreneurship?
Chapter 340: No Calculation
Chapter 340: No Calculation
Qin Shaoyan sighed, "Sister Xu, you really can't blame me for this. I wanted to inform you, but my words don't count."
"I can only be considered an accomplice at best. The mastermind asked us to keep it strictly confidential and not disclose anything about the acquisition to the outside world. I even signed several confidentiality agreements. If you don't believe me, I'll send them to you."
"Forget it." Xu Xin did not intend to delve into the matter. It was all in the past. There was no point in dwelling on it any longer. A qualified investor should unite and focus on the money.
"Boss Qin called me. Do you have any advice?"
"I don't deserve your advice, this is mainly a business matter." Qin Shaoyan said sincerely, "Sister Xu, we have been working together for so long, we know each other well, and I will naturally think of you first if there is any benefit."
"YouTube was acquired by Microsoft, and the Chinese Internet market also became hot. As the leading domestic video website, Qvod's valuation also rose accordingly."
"I think it's time to start the next round of financing, in two months, what do you think?"
"Sister Xu, are you still coming?" Qin Shaoyan asked tentatively, "We are all family, we can discuss anything."
Xu Xin sighed, "I don't plan to follow. Video websites are hot, but you guys are spending too much money."
"We have little capital, so we'd better not go along with you guys." Xu Xin said jokingly, "Go ask those big VC institutions, they should be willing to invest."
"I don't really like dealing with other VCs. They're too greedy." Qin Shaoyan said with some regret, and then asked, "Qvod's shares are very valuable now. If Sister Xu wants to sell, I can help you contact the buyer."
"Hmm?" Xu Xin's heart moved, and then he smiled, "No, I'm still waiting for Qvod to go public, I should be able to make more money."
"Sister Xu is very confident in Qvod." Qin Shaoyan smiled.
"I have confidence in Mr. Qin." Xu Xin sighed, and then said, "Mr. Qin, please let me know if there are any new projects next time."
"No problem, we are family. I won't bother you anymore. You go ahead and do your work." Qin Shaoyan said goodbye with a smile and hung up the phone.
Qin Shaoyan now probably understood why Xiong Xiaoge was so angry. Not making money is more painful than losing money.
If Qin Shaoyan were given another chance to choose, he would still choose to work alone.
Notify you in advance?
Can I let you know this first?
If you knew it first, it would definitely be bad.
While humming a song, Qin Shaoyan called Zheng Nan of Sequoia.
"Mr. Zheng, good afternoon. Oh, it's night time over there. Sorry." Qin Shaoyan apologized, but he didn't take it seriously. "Mr. Zheng, how is your sleep quality recently?"
"Boss Qin, you've caused us so much trouble." Zheng Nan complained half-truthfully, "The YouTube incident gave us a big surprise, and it was more of a surprise than a joy."
"There are reasons for this, and I have something to hide." Qin Shaoyan once again said insincerely, "It's not that I don't want to tell you, it's not that I don't want to, but I really can't."
"I'm not blaming Boss Qin." Zheng Nan magnanimously changed the subject. "Boss Qin came to me so late, do you have any plans to make money?"
"Of course, my mission is to create value for investors." Qin Shaoyan said righteously, "I will naturally inform Mr. Zheng first if there is any good news. After all, Mr. Zheng, you are my first investor, unlike others."
Zheng Nan laughed, "Then I'm all ears."
"Now that the domestic video website market is booming, it should be easy for other video websites to get financing, and they will soon enter a fierce competition." Qin Shaoyan said seriously, "Qvod.com, as the number one video website in China, is definitely their main target."
"I think it's time to start a second round of financing to get more funds, which will facilitate future expansion and also help us cope with challenges from other peers."
"Now that Qvod's valuation has risen sharply, it's a good opportunity to buy in."
"As for the financing." Zheng Nan pondered for two seconds, "I'm still considering it. After all, the valuation of Qvod should be very high, and financing requires a large amount of money. This matter still needs to be discussed with other partners."
"Mr. Zheng, if you want to sell your shares, please let me know." Qin Shaoyan said with a smile, "I can contact the buyer and I am willing to buy it."
"Of course, of course." Zheng Nan said perfunctorily, "I will inform Mr. Qin." "Mr. Zheng." Qin Shaoyan suddenly lowered his voice, "Chao Nengli Co., Ltd. wants to sell some of its shares to cash out. Do you need me to help you make connections?"
Zheng Nan was startled and asked subconsciously: "How much do they want?"
"The price must be lower. We are family, and we will definitely not let President Zheng suffer any loss." Qin Shaoyan said mysteriously, "You, I, and he know this. I have not informed the fourth party."
"Oh oh." Zheng Nan realized that he had just spoken out of turn and said slowly, "I still need to discuss this matter with other partners. When I come to a conclusion, I will be the first to inform President Qin."
"Then I'll wait for good news from President Zheng." Qin Shaoyan hung up the phone with a smile.
The situation is clear now. Today Capital will not follow the investment, but Sequoia will definitely follow. SoftBank is rich and powerful so there is no need to worry. The only thing left is Xiong Xiaoge's attitude.
It doesn’t matter if Xiong Xiaoge doesn’t invest. Anyway, Qvod is so popular that there are many VC institutions willing to invest in it.
As long as Qin Shaoyan spread the word, people from VC institutions would line up outside the office the next day.
However, Qin Shaoyan is not interested in money now. The funds on hand of Qvod.com are enough to last until the beginning of next year, so he can naturally wait slowly.
Now that he has fanned the flames of the video website industry, other peers in the industry should be unable to sit still.
In the past few days, there have been constant messages in the QQ group of the "Anti-Qvod Alliance", with hundreds of messages flooding the screen every day, and small and medium-sized websites are excitedly discussing the current industry situation.
Every day there are websites breaking the good news of getting investment, and there are bound to be a few words of congratulations from people in the group filled with envy and jealousy.
The spring of the industry has really arrived.
There is rarely any news about big video websites like Tudou and Youku. They are probably busy raising funds and developing their websites. Now that they are rich, they naturally look down on their poor brothers.
……
The flight that Xiong Xiaoge was on arrived in the United States the next day. Qin Shaoyan personally led people to greet him and expressed his importance.
"Boss Xiong." Qin Shaoyan saw Xiong Xiaoge coming out of the corridor and greeted him enthusiastically. "Thank you for coming all the way here. I have prepared a welcoming banquet. Should we go to the hotel first or to the villa where I live?"
"Let's go to your place first." Xiong Xiaoge threw the luggage to his assistant, asked him to take it back to the hotel, then turned around and got into Qin Shaoyan's car.
As soon as he sat down, his secretary Xiao Chen handed him a hot towel and said, "Boss Xiong, wipe your face."
Xiong Xiaoge took the towel and wiped it without saying a word, then let out a long sigh and said thank you.
"Boss Qin, you have a good trick." Xiong Xiaoge said calmly, "You played this trick brilliantly."
"YouTube and Yiku.com were sold at a good price, and the valuation of Qvod.com was also raised. I admire them."
"Mr. Xiong, thank you for your praise." Qin Shaoyan said modestly, "This is purely coincidental. I didn't expect that Microsoft's acquisition of YouTube would also boost the value of Qvod."
"The YouTube acquisition was decided a long time ago. We had been in talks with Microsoft before, and the two sides never stopped communicating until the right time came to reach an agreement."
"I didn't expect all these things to happen at the same time. It's such a coincidence."
"Yes, it's just as coincidental as if it was planned in advance." Xiong Xiaoge said sarcastically, "Boss Qin made a lot of money this time, right?"
"Let me do the math. YouTube is worth $23 billion, and e-Ku is worth $3 million, which makes $26 billion."
Qin Shaoyan was stunned. "Where did the $26 billion come from? Mr. Xiong, you are not good at math."
(End of this chapter)
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