Rebirth: I Want to Surf
Chapter 84 Talking About Acquisition
"It was established at the end of last year. I heard it used to be called 91..."
"The company has nearly 40 employees, and its core business is mass mailing. It should have a lot of customer information, but it only offers a monthly subscription of 10 yuan, and the unsubscribe rate is relatively the lowest.
There is also an ingenious language chat service, which is the chat with the previous telephone communication station, but they do a very good job and the user stickiness is extremely high.
The latest business is a text message game, only one, not as early as Xunlong, but the user development is very fast, the stickiness is also very strong, I tried it..."
Zhao Xiaochen coughed twice, trying to hide his memories of the green hat wife, and said: "99's main business is just these, they have a characteristic, deeply cultivate each project, enhance its playability, and try to retain users as much as possible.
They are only in the capital, but their monthly revenue can be stabilized at 2 million.
If it weren't for the influence of Lanjispeed, which caused the chatter to dive, revenue to decline, and NetEase to make a lot of advertising money with the World Cup, they should be the first in the capital in the first half of the year. "
"Hiss!"
Everyone expressed surprise, a monthly income of 2 million is nothing, but a monthly income of 2 million in just one place is incredible!
"So you're targeting 99?"
"Yes, I think this company has great potential, winning them is equivalent to winning the capital market. And this website is very interesting, there are many, many..."
Zhao Xiaochen thinks of those diaries, chat rooms, photo albums, performance information... always seems to understand, as if this website is heading in a certain direction, but can't form an accurate theory.
He shook his head lightly to dispel distracting thoughts, and continued: "And they have entered a bottleneck, and the goal must be the National Network. If we wait for them to upgrade the National Network, we will talk again, then it will not be a price."
Everyone studied for a while and agreed with Zhao Xiaochen's idea.
"Go to contact separately, you must be quick!"
"We've fallen behind, we can't afford to slack off!"
…………
The 99 company's big shrimp, disguised as a small shrimp, surfaced for the first time.
The first time it surfaced, it was noticed by giants.
Yao Yuan was taken aback when he received Zhao Xiaochen's call, what acquisition are they talking about? Acquisition 99?
It's a wonderful feeling. He thinks about fun first, and it's only natural when he thinks about it again. In the eyes of outsiders, is the company a potential stock that is intensively cultivated? It is very worth buying.
He didn't refuse, and went to the appointment happily with the mentality of joining in the fun.
The place is in a teahouse, filled with incense, the young lady in red cheongsam is making tea soup with bare hands, with snow-white thighs, this tea is still serious tea.
"Longjing!"
Yao Yuan picked up the teacup, took a sip, closed his eyes slightly, and spit out two words.
"Mr. Yao is an expert!"
Zhao Xiaochen gave a thumbs up.
"I don't understand, I read what was written on the jar."
"..."
Zhao Xiaochen choked. Although he had just met him, he felt that this person was very incomprehensible, so he said straight to the point: "The conversation on the phone was sloppy. I take the liberty to ask you to come out. I want to talk about the acquisition."
"Well, I won't hide it from you, I have intentions, but it depends on the conditions."
"Naturally!"
Zhao Xiaochen was secretly delighted, and it would be easy to handle if he had intentions. Sina was absolutely generous this time, and the funding conditions they gave were amazing.
"Actually, I have been paying attention to your website since the Spring Festival. At that time, I felt that although it was small, it was full of whimsical ideas, and the creativity always surprised me.
I also do sp, to be honest, group posting is nothing, I can learn it after I am familiar with the rules, and I can learn it by copying it if I can’t. But the brand program is different, that is the core content of sp.
So I really like the voice chat business you are doing. Transplanting the communication station to the online voice chat is a brilliant idea! It's a pity that the platform is too small, if we merge the two into one, Sina has abundant resources and can expand it...and SMS games..."
Zhao Xiaochen has a bunch of blah blah blah blah. They are all about what Sina will do after the acquisition.
"..."
Yao Yuan knew that this was a necessary argument for the acquisition, but he was not very interested. It was polite enough not to yawn.
Zhao Xiaochen observed the situation, stopped decisively, and asked directly: "What does Mr. Yao have in mind, we can be open and honest, and avoid wasting time."
"Okay, I like how happy you are. 99 Company is my life's painstaking effort, and I think it's the greatest respect for it to directly negotiate the price."
"Ha ha!"
Zhao Xiaochen laughed and said, "Yes, yes, we are very optimistic about your company's prospects, so naturally we won't hurt our peace, 5 million US dollars..."
He paused, and added: "You can choose all cash, or some cash plus stocks."
5 million U.S. dollars, according to the current exchange rate of more than 40 million yuan, direct wealth freedom! Buy a few houses, buy a good car, deposit the rest in the bank, live a life of salty fish, and wait for death.
but……
Yao Yuan asked: "It is indeed very sincere, what about your terms?"
"You have demonstrated your ability to operate, we have great trust, and naturally hope that you can stay, and you will have maximum management rights.
If you have other ideas, such as wanting to continue working on sp and the Internet, then I believe you will understand that we need to sign a non-compete agreement. "
"Competition agreement? Oh, I understand."
Yao Yuan was also happy.
You are so stupid to spend a lot of money to buy your company, and then you use the money to start a new business and continue to work in the same industry... just play!
The sp will not start to decline until 2004, and it will not work after 2006.
He has two good years left.
With the current resources, Yao Yuan will have the confidence to reach an annual revenue of 100 million by relying on the text message business alone next year, even if the CRBT is not counted!
$5 million... a little bit.
But Zhao Xiaochen felt that he was very sincere, and Yao Yuan was here to join in the fun, so he was not interested in finding out the price, so he made a few foolish excuses to think about it, and he was evasive.
Sina's acquisition of sp this time is ostensibly to strengthen the SMS business, but in fact it is to raise the stock price.
Historically, Sina will acquire Guangzhou Xunlong at the beginning of next year at a price of 1/3 cash, 2/3 stock, and a total value of 20 million US dollars.
On the day of the acquisition, Sina's share price soared to US$8.33, resulting in a capital surplus of US$46 million.
…………
Yao Yuan returned to the company from the tea room, thought for a moment that this opportunity should not be wasted, and called a meeting for all.
He always held a meeting, but it was simple and clear, and the employees were very satisfied. This time it was the same simple and clear, but the boss stopped him when he opened his mouth.
"I just negotiated a $5 million deal."
"Sina wants to buy us for $5 million."
Hiss!
The meeting room was instantly quiet, and some people could hear the sound of breathing, and their mood was like a roller coaster, because Mr. Yao said again: "I refused!"
"We started from scratch and worked hard for a year until today. The wealth donated by others seems to be at our fingertips, but is that wealth ours?
No, we will lie in the trap carefully woven by the Internet giants and watch them take everything from us.
I could have taken $5 million and left you guys behind, but I didn't.
$5 million is a lot of money for everyone, and almost any dream can be realized. But unfortunately, I have a dream that can't really come true..."
Commander Yao looked around the audience and said, "That is to go through the wind and rain with you and a group of like-minded partners to work towards a common goal, see the rainbow together, and cheer for success together!"
"After last month's financial report comes out, I will formally apply for the National Network!"
(Bought an ergonomic chair...)
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