Chapter 649 The domineering president vs. the financial predator
The next morning, Li Feng got up early, made an appointment with Lin Yuting and Jin Wenyan, and came to Silicon Valley.
He agreed with Merrick and the others to meet at half past eight in the morning, and after nine o'clock, Weiner from the Aurora Fund would also come over, so the time given to Li Feng and the others to discuss was only half an hour.
The car arrived at the door of the Ark Company, and the three of them got out of the car, only to see that Merrick and others had already greeted them at the door.
Time was pressing, and although Li Feng and Merrick and the others were only meeting for the first time, they didn't have time to chat with each other, but went straight to the point.
"I heard that someone from the Aurora Fund came to visit the company yesterday and put forward a request to acquire or buy shares, what do you think about this issue?" asked Li Feng.
"The other party is Weiner, the head of the Aurora No. 8 Fund, a very well-known figure on Wall Street. This person has a domineering style, and when he heard that some entrepreneurs in the industry offended him, he immediately supported their rival companies, so that the people who offended him could not get along in the industry. Merrick sighed and said.
"Aurora Fund has indeed set foot in the field of Internet investment, and the head of Aurora No. 8 you are talking about is a master of investment on Wall Street, and they have taken a fancy to the Ark Company, which is actually reasonable, after all, the company's growth is there, and they can't see it. Li Feng said, "I heard that the offer given by the other party is still good, and the plan of 100 million US dollars for an overall acquisition is still rare among small and medium-sized startups in Silicon Valley, what do you think?"
"I don't think this plan is suitable for us, after all, we are not short of money now, since the company's platform gathered the first batch of investors, we have been able to maintain daily operations through the platform, and now we have generated some profits, so we have no consideration of financing in the near future. "In addition, the growth of the platform is very good, and the investors who enter every day, whether they are institutional or individual, are growing rapidly, with these investors, the platform has a flow, and the cash flow we can obtain through the way of commission will only get bigger and bigger, and the effect is much better than we expected when we started the business." So at this speed of development, we will soon be able to break through the other party's quotation range through our efforts, and in the future, we hope to make the company a large-scale platform of 500 million US dollars or even 1 billion US dollars, so we are not willing to agree to their offer. ”
Merrick is right, but his estimate is still a little cautious, the future Ark investment platform will become a 10 billion dollar super-large platform, and even single-handedly changed the investment logic of the entire Internet entrepreneurship circle, in this case, the current 100 million US dollars is simply not enough.
Therefore, Merrick's choice to reject the other party is a very wise decision, and it also fully illustrates his strategic vision, which is several levels smarter than those entrepreneurs who want to get a handful of escapes.
"That's true, we have a lot of growth in the future, we are optimistic about the company's prospects, and now is not a good time to sell shares or sell the company, Vanguard Fund will not sell it, and I believe that neither will you as the management of the company. Therefore, we still have to guard our shares and further make the platform bigger and stronger. Li Feng said.
That being said, but Weiner's temper is well known to everyone in the industry that if he doesn't get him to achieve his goal, he might start a new business and develop our competitors in the industry, and if that happens, we're probably going to have a lot of trouble going forward. Merrick said.
"You don't have to worry about this, although the business model is easy to copy, but if you want to do your own products and services well, do them in place, and form a reputation and brand in the industry, it is definitely not so easy. If Weiner is going to cultivate a competitor to the Ark platform, or create a similar platform himself, then they will follow the logic of Wall Street and make this platform nondescript, and we are fully capable and advantageous to defeat them. Li Feng said, "So at this point, you don't have to worry too much. ”
Li Feng's words relieved the management of Merrick and other Ark companies, after all, Li Feng is a bigwig in the Chinese Internet entrepreneurship industry, with rich industry experience, and his vision of seeing problems is also very accurate, so what he believes will basically not deviate too much.
"Then we will listen to you, and I hope you can help us in this negotiation, so that Weiner will not be too upset. Merrick said.
Li Feng nodded, for Weiner, Li Feng didn't know the other party's temper, but he knew that this kind of Wall Street financial predator naturally had a condescending sense of superiority over grassroots entrepreneurs, which might make the negotiation a little difficult.
Fortunately, he is now the chairman of a large group company and a shareholder of the Ark platform, even if Weiner does not give face to Merrick, he still has to give Li Feng a little face.
Lin Yuting has never seen Weiner, a predator, but in the textbooks of William Business School, she has already seen his name, and many case classes in the business school are based on his early fame, which also makes Lin Yuting full of curiosity about this big man.
About ten minutes later, a black Maybach sedan pulled up at the gate of the Ark Company, and Weiner and his assistant got out of the car.
As soon as Weiner saw Li Feng, he immediately stretched out his hand: "Mr. Li, I am fortunate to have heard about you on our respective occasions, but I have never had the opportunity to meet you, I didn't expect to see you in Silicon Valley today, I am really very happy." ”
"Mr. Weiner, you are a legend on Wall Street, and I have seen you in various business classics in the past, and I would love to meet you. Li Feng stretched out his hand.
Merrick obviously felt that after Li Feng's arrival today, Weiner's attitude became much gentler, and the feeling of condescension suddenly disappeared, it seems that Li Feng is indeed not simple.
"I came to the United States this time to visit, by the way to see my investment here, I didn't expect to meet such a coincidental person from Wall Street here, Mr. Weiner, I have learned about your visit to the Ark Company yesterday, are you planning to invest?" asked Li Feng.
"Yes, we are very optimistic about the future development prospects of the Ark company, besides, this is a company invested by Mr. Li, and it is absolutely wrong, so we plan to invest in or acquire, of course, the price we give is definitely far beyond the market, you can rest assured. Weiner said.