Rebirth of the Entrepreneurship Era - v2 Chapter 383
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Hearing Xu Yiyang’s question, President Ma said embarrassingly: “Mr. Xu, let’s be honest, we must also prepare for the future!”
“Tencent can’t rely on mobile QQ business to earn some cash flow, we still have to seek a farther capital route!”
“In the final analysis, listing is the ultimate goal. If Mr. Li can become our shareholder, then our future capital route will be more secure, and I believe Mr. Li will definitely help us a lot, and many of us Unavailable resources are the best choice for you, me and everyone!”
After listening to him for a long time, Xu Yiyang smiled indifferently and asked him: “Mr. Ma, why did the Li family get rich by making a fortune?”
Mr. Ma said without hesitation: “Real estate.”
Xu Yiyang asked again: “Then I ask you, the Hong Kong property market crashed three years ago. Have you seen them help their owners?”
“This one……”
Seeing that President Ma was speechless for a while, he seriously said: “The Li family is a very standard traditional capitalist, like a landlord in the feudal era. Their profit model lies in squeezing and looting, not exporting and training. He thought Investing in you is not to support you in doing a career, but to take advantage of your rapid development and come in early to occupy a hole and borrow you to make a fortune. If they really want to support you in doing a career, they It will appear when you are the most difficult, rather than waiting until you are profitable.”
Immediately afterwards, Xu Yiyang said: “If you let him in now, he may not bring any resources that are beneficial to you except money. On the contrary, I’m sure that he will cash out when you really need him in the future. .”
“President Ma, you remember one sentence, capitalists like this will not nurture dreams, they will only reap dreams.”
President Ma did not expect that Xu Yiyang would be so repulsive to the investment intention of Master Li Jia’er II.
He originally thought that Xu Yiyang would be as excited as himself for the Li family’s favor.
After all, the Li family’s energy in Hong Kong is huge, and the Li family has a stake. In the future, Tencent wants to go public in Hong Kong, which is easy.
Xu Yiyang’s strong denial made him cool for a while.
President Ma knows clearly that Xu Yiyang is now the real controlling shareholder of Tencent. After all, he has 40% of the shares in hand, and he has locked 15% of himself and the team in advance through the mobile QQ business. According to the current trend, these 15 % Of the shares are already his.
Therefore, once Xu Yiyang’s agreed goals with the team are reached, Xu Yiyang will hold 55% of Tencent and become Tencent’s largest shareholder.
In his previous life, when the newspaper industry in South Africa was at its peak, Tencent’s shareholding also reached 50%, but it was reduced to about 33% after the listing.
In this case, if you want to introduce new capital, you must let Xu Yiyang nod.
Although Xu Yiyang gave himself enough voting rights, his own shares have been diluted a lot. If Xu Yiyang is unwilling to dilute his shares to the second son of Li Family, he will have to dilute all the remaining 45%.
He couldn’t help it, and he couldn’t transfer 20% from the remaining 45%. In that way, the interests of himself and the team had already been ceded too much before the listing.
However, he really hopes that he can lead the Li family into the field and endorse Tencent, so he can only find a way to convince Xu Yiyang that everyone will jointly transfer 20% of the shares to the second son.
So, he explained very seriously: “Mr. Xu, I know you may have some objections to the Li family’s business model, but to be honest, what we want is their money and their resources. As for how they made a fortune, we Don’t worry about it.”
Xu Yiyang seriously said: “Mr. Ma, if Tencent is really short of money now, you have to melt the money of the Li family. I naturally have no objections. However, if there is no shortage of money, I have to give up the shares to the Li family and let The Li family came in, I personally feel that it is not wise enough.”
President Ma saw Xu Yiyang with a firm attitude and sighed, saying: “Mr. Xu, we can also have an in-depth discussion with Li Gongzi. 10 times PE is only his quotation. I think we can talk 15 times and ask him 3 billion yuan. ‘S valuation is almost US$360 million. What do you think?”
Xu Yiyang said: “President Ma, my personal opinion is that there is absolutely no need for financing at this stage, whether it is the Li family’s money or Bill Gates’ money, there is no need to finance it.”
As he said, Xu Yiyang said: “They want to add icing on the cake, but we don’t need our current situation at all. Our performance has just ran up, just ran for more than a month, what is the urgent financing? At this time, we should let go of ourselves. It’s reasonable to let the capital market see our stamina and see our greater value when we run for a year, and at that time, we must at least raise funds at a valuation of about US$1 billion;”
“We will refinance another round with US$1 billion a year later, and continue to rush for one year of performance, and then prepare for listing. After the listing, the market value will be at least US$3 billion. If we give half a year for the performance to continue to improve, the market value will definitely rise. Hong Kong is still in the United States, and it can have a market value of at least US$5-6 billion. If the performance is better, the market value of more than US$10 billion is also very promising. Why do you want to raise Li’s money at a valuation of US$200-300 million now? “Is the Li family’s money inlaid with gold?”
President Ma sighed: “Mr. Xu, I understand everything you say, but… but I really think that if we can bring the Li family in, the future path will be better.”
Xu Yiyang said in a solemn tone: “Mr. Ma, just say it, I don’t agree with financing.”
President Ma also said with some grudge: “The final decision is on our side! If we decide to raise funds, President Xu can also choose to follow the investment if he does not want to dilute the shares.”
Xu Yiyang frowned.
It seems that President Ma’s willingness to let the Li family enter the field is extremely strong.
If, according to what he said, he finally diluted his shares to the second son of Li Jia, if he did not cooperate with the diluted shares, he could only increase the capital.
I myself have a headache for money. At this time, how can there be capital to increase the capital of Tencent with a market value of RMB 230 billion?
Not to mention more than one billion.
Not to mention more than one billion, he can’t even get more than ten million.
If you can’t get the money, you still have to sacrifice shares.
After all, the company’s final say is in the hands of President Ma. If he insists on financing this money, he has no right to deny it.
President Ma’s words already had a hint of threat. Xu Yiyang could hear that he was determined to let the Li family enter.
Xu Yiyang was a little irritable.
On the one hand, I feel that I have been betrayed to some extent, on the other hand, I am also sighed by President Ma’s short-sightedness.
It seems that the bigwigs of later generations did grow up bit by bit. On their growth path, they also made many wrong decisions and sometimes had a blind spot.
Let the Li family enter the field, in his opinion, it is no different from Wu Sangui’s introduction of Qing soldiers into the customs.
However, now that Wu Sangui is determined to let the Qing army come in, he can only think of another countermeasure.
So, he asked President Ma: “Is Li Gongzi really optimistic about Tencent?”
“Yes.” President Ma hurriedly said: “After our first month’s income came out, the capital circle was very optimistic about us. We can now be said to be the most profitable Internet company in the country, there is no one.”
“Well.” Xu Yiyang asked again: “What is his target share? Only 20%? Or hope more?”
President Ma said: “Li Gongzi means more and more good, the more the better. He said that he is sure to let us be listed in Hong Kong at the end of next year or the year after. For him, naturally, he hopes that the more shares the better.”
Xu Yiyang thought for a moment, and said to him: “So President Ma, after all, it matters a lot, you give me a moment to think about it.”
“Good!” Hearing Xu Yiyang’s willingness to consider, President Ma immediately got excited and asked, “How long does President Xu need?”
Xu Yiyang said: “I’m at the airport now and I’m going to Hong Kong to participate in the exchange between the school and the University of Hong Kong, or wait for me to come back, what do you think?”
President Ma heard that Xu Yiyang was going to Hong Kong and hurriedly said: “Mr. Xu, would you like me to arrange for Li Gongzi? After you arrive in Hong Kong, talk to him in person?”
In general, President Ma said: “Actually, you can communicate with Li Gongzi about the issue of personal cashing. If you want, you can transfer some more shares to Li Gongzi. I believe Li Gongzi is also willing to eat. If According to the valuation of 2 billion yuan, if you give him 10% of the shares, you will get 200 million in cash.”
Xu Yiyang heart said, President Ma, you’re a little white-eyed wolf, right?
I helped you so much. As soon as the second son of the Li family came, you immediately fell to him?
Not only do I have to dilute the shares and let Li Gongzi bring funds into the market, but also want me to transfer the shares to Li Gongzi personally. Do you want me to withdraw directly and replace Li Gongzi as your major shareholder?
It seems that this kind of shareholder who does not have sufficient background and who made a small investment at the beginning will be rejected after the company develops.
This may also be why men are rich, and they are becoming more and more dismissive of their wives.
Take 10% of Tencent shares and exchange RMB 200 million in cash with Li Zekai. Are you treating me like Li Zekai?
Wasn’t he the one who took 20% of Tencent shares and exchanged more than US$12 million with the South African newspaper industry, and was still complacent?
The history is really ironic, and now Little Superman changed his identity all at once, and began to remember his Tencent shares.
Although Xu Yiyang was a little angry in his heart, he didn’t show anything to Mr. Ma.
He knows that President Ma has been inclined to Li Gongzi in his heart, and it is useless to say more.
What I really want to do now is to fight for a time window, first find a way to mediate, and then find a solution. UU Reading www.uukanshu.com
So he said: “After I arrived in Hong Kong, I might have to talk about things first. So, let me think about it first. If I have time to see him, you can help me make an appointment.”
President Ma immediately agreed to say, “Okay, Mr. Xu, let’s communicate anytime if we have any questions.”
Hanging up the phone, Xu Yiyang put away the phone expressionlessly, thinking about the cause and effect of the incident secretly.
At this point in time, less than a month before the Internet bubble burst.
Internet companies, capital circles, and Wall Street are still in the dark. Everyone is madly throwing money into the Internet in order to realize the investment myth of doubling in half a year, doubling in a year, and doubling in two years.
However, the greater the madness, the greater the crisis.
If he wants to delay the pace of Li Gongzi’s shareholding in Tencent, as long as he waits until mid-March and the Internet bubble bursts, then he will turn around and run without having to drag himself.
However, Xu Yiyang vaguely felt that there seemed to be some opportunities in it.
However, he now has no money and no foreign exchange, as if he has the opportunity to do nothing.
In the meantime, Xu Yiyang felt that after careful consideration, it should still be done.
At this moment, he suddenly felt someone patting his shoulder.
Looking back, it was Shen Lele.
When Shen Lele saw Xu Yiyang answering the phone, she was distracted, and asked with concern: “Are you all right?”
Xu Yiyang shook his head and said, “It’s okay, just thinking about things.”
Shen Lele smiled slightly and said, “Board the plane, go to the queue.”
“Okay.” Xu Yiyang nodded gently and joined the queue to register with Shen Lele.
Boeing 747, loaded with hundreds of passengers, took off at Zhonghai Airport and went straight to Hong Kong Island!