Chapter 303 Don’t want to transfer? Acting... (4 more votes please)

After sitting down in the conference room, Gao Yang said with a smile: "Mr. Zeng, I'm sorry, there are more than 20 investors in 51 Renren. They haven't all arrived today. Although I am the major shareholder, I can't make a decision with just one word.

"

Gao Yang wanted to see how big Goose Factory's appetite was and how much money he was willing to pay to acquire two Internet companies that had just been founded less than a year ago.

Everyone else knew that it was impossible for Gao Yang to transfer the company, and they all smiled and looked like they were watching a show.

The two parties began to talk. Jin Yang and Fang Jian, as CEOs, briefly introduced the development of the two websites.

Later, Zeng Qin officially expressed his intention to come: "President Gao, President Jin, President Fang, and all friends, we are optimistic about the development prospects of these two companies, 51.com and 51 Renren.

This time, I am here on behalf of Goose Factory to formally propose an acquisition to your company, either as an overall acquisition or by injecting capital into a controlling stake.

The acquisition of Goose Factory is a kind of cooperation. After the transaction is completed, the company's project operation team will remain unchanged and will continue to remain stable. Matching relevant resources in Goose Factory's system will lead to better development."

Wu Ruohan answered: "Mr. Zeng, how much does your goose factory think our two companies are worth, and how much are you willing to pay to acquire them?"

Zeng Qin didn't expect that a young girl would be the first to ask questions, and he felt a little offended.

Gao Yang said: "Mr. Zeng, this Miss Wu Ruohan is the CFO of our two companies. She is still young and a graduate student. She speaks outspokenly. Please forgive me, Mr. Zeng."

Everyone else knew that Wu Ruohan did it on purpose and they all couldn't hold back their laughter.

Zeng Qin smiled and said: "It doesn't matter, Miss Wu is so young and promising, she is very powerful.

It’s like this. If we acquire two projects as a whole, our overall valuation of your company can be 8.5 million US dollars, or the equivalent value in soft currency based on the exchange rate.

Then, the specific transaction method, all cash, or cash plus part of the equity of the goose factory, can be discussed."

Wu Ruohan said again: "Mr. Zeng, are you kidding? We spent almost 5 million US dollars to acquire Foxmail in September."

Zeng Qin's expression remained unchanged and he said with a smile: "Miss Wu, the deal is all negotiated. Mr. Gao, I don't know how your company values ​​these two projects. We can talk about it."

Gao Yang smiled and said: "Mr. Zeng, we have not calculated the valuation issue in detail, but the US$8.5 million you mentioned just now is indeed too low. It seems there is no sincerity."

Zeng Qindao: "Mr. Gao, and friends, I am visiting your company this time to discuss cooperation. The maximum authorization of our board of directors is 10 million U.S. dollars, or the equivalent of soft sister coins. Based on this valuation, we

We can discuss overall acquisitions or shareholding acquisitions, both of which can be discussed."

Wu Ruohan was about to choke again, but Gao Yang gave him a sideways glance and did not dare to speak again.

Gao Yang smiled and said: "Mr. Zeng, thank you for your company's respect, but I'm really sorry. Before you, several companies have come to discuss this matter.

We also held a shareholder meeting and seriously discussed this matter. As a result, everyone unanimously decided that neither 51.com nor 51Renren will be transferred and will no longer accept any capital injection.

We still have some funds now, so we don’t need to bring in new investors for the time being.”

Zeng Qin asked curiously: "Mr. Gao, can you tell me which companies you have come to talk to?"

Gao Yang said: "We don't have to hide anything about this. Big companies like Yinet and Baidu have been here, and there are a few smaller companies, so there's no need to mention it again."

Zeng Qin suddenly felt that he was being played. Ni Mei, since she was unwilling to transfer, she still put on such a big show and negotiated seriously.

After chatting for a while, Zeng Qin stood up and left, and Gao Yang personally saw him off to the elevator.

Zeng Qin also wanted to save it, saying that he would discuss it with the company's board of directors when he went back, and perhaps increase the valuation by about 10%.

Gao Yang looked apologetic: "Sorry, Mr. Zeng, I am personally very grateful that an excellent Internet company like Goose Factory is willing to cooperate with a small company like ours that has just been founded.

However, our internal investors did have a meeting to discuss this matter. The vast majority of investors, accounting for more than 60% of the shares, are unwilling to transfer or accept capital injections from new investors.

They are all young and energetic and want to insist on doing it themselves..."

Zeng Qin took his assistant and left a little depressed.

Gao Yang returned to the conference room, where a group of people were having fun.

Gao Yang sat down and lit a cigarette: "I tell you guys, don't be too happy, even though big companies like Goose Factory have taken a fancy to us and think our project is very good and want to eat it in one bite.

However, 51.com and 51Renren are just starting out at best and have a bright future.

On the road to Internet entrepreneurship, there are too many lessons learned from past mistakes. We must not become complacent.

After the Spring Festival, 51.com’s Modu Station and Special Zone Station will be online one after another. As for 51 Renren’s current user scale of less than 10 million, it is nothing.

Today, it is estimated that there are close to hundreds of millions of Internet users in the country. We are still on the road of hard work, and it is still very early.

Only if it has passed the market test in the start-up stage, developed steadily, and first realized traffic realization, and then realized capital realization through listing, can it be called a success.

Success is achieved by being down-to-earth and working hard all the way.

Just like the solar industry media of Jiaoyang Company, it has achieved a revenue of 100 million in three years. It seems to be developing very fast. But it is also one issue of magazine, one event after another, and one single business. Brothers and sisters are not afraid of hardship or tiredness, and work hard.

came out.

Internet projects are very different from traditional paper media. If we accidentally make any major mistakes or errors that affect the company's image, we may destroy the Great Wall overnight..."

Wu Bo smiled and said: "Gao Yang, don't worry, everyone is proud and confident, not complacent."

On January 20, the solar terms were extremely cold, and snow and sand fell from the sky in Beijing.

Today, Gaoyang and the top executives of 51 City held a half-day meeting to discuss and arrange the launch of local channels in Shanghai and the Special Economic Zone after the Spring Festival.

Technically, there are no problems and we are already ready.

The focus is still on replicating the successful model in Beijing and establishing an editorial and operations team.

It is necessary to send a team of managers from the capital to the Magic City and Special Economic Zone, and then recruit employees locally.

Finally, Chen Sen volunteered to go to Shanghai to form a team.

Jin Yang said: "Chen Sen, Feng Lan is going to have a baby this year."

Chen Sen said: "It's okay, everything is difficult at the beginning. I stayed in the magic city for a year and then came back. I flew out every week or every half month. After the Spring Festival, I brought my mother and mother-in-law to the capital."

Gao Yang thought for a while: "Chen Sen, thank you for your hard work. You can support me for a while, and you can withdraw at any time when the team can operate normally. Our Magic City Station and Special Zone Station will not pursue business after they go online.

, or the goal is to develop user and merchant registration.

When I returned to my hometown during the Spring Festival, I went to talk to CPI boss Feng to see if CPI could support a few capable manpower to solve the problems of website construction and development in Shanghai and the special economic zone.

In 2005, it was very important for the development of 51.com. 51.com finally left the capital.

Yueju Company is also planning to open a branch in the special zone of Shanghai this year, so that it can develop simultaneously with 51.com.

In addition, if the research company is registered after the Spring Festival, it will also have personnel in Shanghai and the special economic zone.

Coupled with the local branch of Jiaoyang Company, these four projects should try to consider a certain degree of synergy.

Chen Sen, please think carefully about the coordination of various projects in the regional market and make an internal coordination plan for everyone to discuss and confirm.

After the Spring Festival, we established the 51 Group soon, and then you took up a position at the group level to coordinate and solve the problem of coordinated development between projects..."

Jin Yang said: "This arrangement is the best."

Fang Jian asked: "Chen Sen is going to the Magic City for a year, so it will be a bit troublesome for 51 people."

Gao Yang said: "Yuan Ye wants to join our company. Lao Fang, please work harder this year. Let Yuan Ye give it a try in terms of business. At this stage, 51 Renren still focuses on developing users and traffic. In terms of business, it doesn't matter.

Too hasty."

Fang Jian thought for a while: "If Yuan Ye comes over, he should be able to step up..."
Chapter completed!