At present, the Longyu team has separated the express navigation network project from the core team and recruited several non-core personnel for low-cost operation.

This in itself is a preliminary preparation for the sale, so that once the whole package is sold, the entire express navigation network will no longer have any involvement with Longyu's core team.

Today, Li Feng's stimulation of Xu Jinlin at the cocktail party was seen by everyone.

Most of the people at the scene didn't actually know Li Feng, but when they saw him coming with Professor Xie Changgeng, and the editor-in-chief of the "Economist" magazine came to him in person, they knew that this guy was not ordinary.

Therefore, everyone has also paid attention to the express car navigation network mentioned by Li Feng, and several investors have silently remembered it in their hearts, and plan to go back to learn more about this navigation website.

Li Feng came today for this purpose, to expand the popularity of the express car navigation network in the investment field, and to inflate its valuation through exaggerated publicity.

Although with the large-scale outbreak of the Internet economy, it is entirely possible to value a website in the future at tens of millions or even hundreds of millions, but there must be a prerequisite, that is, a large amount of investment in the website in the early stage.

This investment is not only money, but also human resources and technical reserves, and even requires a lot of trial and error costs.

These inputs are not easily visible, so they are easy to overlook.

In other words, if the express navigation network wants to achieve a valuation of hundreds of millions, it needs a lot of upfront investment and several years of good operation, if these prerequisites are not met, then the valuation of the website will fall into a long-term bottleneck after a short period of rise.

This is also a challenge that Internet companies need to face in the process of operation, that is, growth is not linear, and there will be different degrees of bottlenecks.

What Li Feng has to do is to sell the express car navigation network with the greatest value before the bottleneck period arrives, and get a good cash return.

"Hello, Li Feng, I am Fei Xuqiang from the Network Investment Department of Dahua Fund. At the reception, Fei Xuqiang handed over a business card with a smile, "In fact, we have been paying attention to the project of express navigation network, according to the meaning of Mr. Xu just now, we hope to negotiate the shareholding, the best full acquisition, I wonder if you have this intention?"

Li Feng's eyes flashed, and he looked at Fei Xuqiang in front of him.

Fei Xuqiang is about thirty-five years old, about 1.8 meters tall, with a flat head and distinct facial features, giving people a feeling of being capable.

"Oh, the acquisition of the express navigation network?" Li Feng smiled slightly, and did not say anything, "Where did Dahua Fund get the confidence to acquire our website?"

Fei Xuqiang did not show any eagerness, and controlled the rhythm of his speech: "According to what we know, at present, the shares of the express navigation network, the founder Long Yu's team accounts for 51%, and it is the controlling party, and you account for 49%. I would like to convey a message to the Longyu team through you, that is, we at UOB Fund are very interested in the express bus navigation network. ”

Fei Xuqiang's words actually mean quite clearly, that is, Long Yu has the right to decide whether to acquire the express car navigation network or not.

Li Feng just smiled slightly: "Yes, Long Yu's team is the controlling party, Manager Fei, so if you have any ideas, you can contact Long Yu directly, and you don't have to use me as a mouthpiece." ”

Before the formal negotiation, this kind of competition of hearts and minds is actually an important reference for evaluating the value of the project.

Sometimes it is difficult for the investor to assess the true value of the project, and it is difficult for the project owner to foresee what kind of offer the investor will give, so the period before this bargaining is also called the "heart-to-heart period".

Fei Xuqiang seems to be a veteran in this area, so at the beginning, he used the excuse not to make an offer, nor to evaluate the value of the express navigation network, but just went around in a vain attempt to capture Li Feng's weaknesses.

However, Li Feng didn't know the other party's words, so he bounced back directly.

This made Fei Xuqiang feel a little embarrassed.

Under normal circumstances, the investor, as the owner, has a slight upper hand in the status than the project owner, so in the tone of speech, it is okay to be slightly condescending, especially for the following small projects, and even many times, the investor can give an either/or choice, just do it, and pull it down if it doesn't work, and it is difficult for the project owner to fight for his own space in it.

But Li Feng is different, he has already guessed that this time Dahua Fund suddenly wants to acquire the project of Express Navigation Network, obviously because of his deliberate boasting that makes the boss Xu Jinlin feel unhappy, and he wants to use money to smash himself.

This is a typical characteristic of being willful, and as an investor, once the enthusiasm begins to be aggressive, then there will be a deviation in the purchase price of the project, so that the project has more room for premium.

Of course, Li Feng also saw this, Dahua Fund Company is currently a big business, and Xu Jinlin is also very generous, paying one or two million more, people of his level may not feel it at all.

Since Xu Jinlin is willing to be the leader of this wrong, let him have more blood, anyway, the blood of the Dahua Fund will not be exhausted.

"Okay, then I'll discuss it with the Longyu team. Fei Xuqiang decided to take it easy.

"Manager Fei, there is one thing I need to remind you that when I invested in the express navigation network before, although I did not want a controlling stake in the website, there was still an additional clause for this investment. Li Feng said, "That is to say, if any of the parties between me and the controlling party want to sell the shares of the express car navigation network, it must be agreed by the other party, that is, I have a veto power." ”

Fei Xuqiang blinked, which he didn't expect.

Due to the equity structure of the two parties, as long as Long Yu sells more than 2% of the shares, then Li Feng will become the largest shareholder of the express navigation network, and it is precisely because of this that the negotiation between the two parties in the sale of equity has become very necessary.

Of course, the setting of this clause also makes the two parties more closely bound together, and makes a more solid foundation for the future sale and cash-out.

"I understand, that is to say, can we acquire the express navigation network, does it matter if Long Yu said it, it doesn't count if you say it, it must be said by the two of you at the same time?" Fei Xuqiang's eyes flashed, and he seemed to feel a little difficult.

"It's understandable. Li Feng said, "At present, we are planning to carry out a deep cooperation with Wandu Search Company, so our valuation in the future may be very high. ”

Li Feng's words obviously have a ridiculous meaning, and the implication is that the express car navigation network will become more and more expensive, so expensive that you can't afford it.