Chapter 127: Successful Takeover
On the one hand, the company's market value is seriously undervalued, and he is absolutely unwilling to let go easily, on the other hand, it is uncertain about the future, at least after Yiwang intends to sell, no one cares about the situation, which is a silent blow to him by the market.
It was at this time that Zhuo Ziyuan's Youdao Capital appeared, and it had reached an agreement with the three shareholder institutions, which showed that Youdao was optimistic about Yiwang, and this attitude was very important, which made Ding Sanshi instantly feel like he had met a bosom friend.
Therefore, although he still maintains the posture of the CEO of a listed company, although Zhuo Ziyuan looks very young, and although in his opinion, Youdao Capital is only a small investment company, Ding Sanshi still treats Zhuo Ziyuan and his party as equals.
The group soon came to the conference room, and Xu Ziqiang and Lu Tao were interested in the company's accounts, assets, The stock price and market value are in contact with the team of Yiwang, Xu Ziqiang of course hopes to get the most shares of Yiwang at the lowest price, after all, these are his achievements, and he actually has no bottom in his heart, if he is the boss, he will definitely not come to the troubled waters of Yiwang, it is better to buy the bottom of the stock market with peace of mind, there are too many risks in Yiwang, for Youdao Capital, the investment is too large, once it fails, it will hurt the bones.
Therefore, Xu Ziqiang did not say that he was running to the failure of the negotiation, but at least he was also running to minimize losses, and the words that revealed people's scars during the exchange were not less, this is also where he is professional, the boss came with him, of course, the wicked person is done by his subordinate, and when everyone is red-faced, the boss can come out and say a fair word, which is also a consistent means of negotiation.
Just like Zhuo Ziyuan watched an ancient drama, the two countries were at war, and as a result, the envoys of the peace talks were in the process of negotiation, spitting and pulling each other, and they were going to do it if they didn't agree with each other, which was all done for the emperors on both sides, you see, even in an unfavorable situation in our country, our mission still did not give an inch, and the momentum was definitely not lost, in fact, the final result was not a word from the emperors of both sides.
During the negotiation, Ding Sanshi did not show any dissatisfaction, thinking that for a shopping mall veteran like him, such a situation is no longer strange, let his subordinates fight.
After finding an opportunity, Ding Sanshi walked out of the conference room, and before going out, he specially greeted Zhuo Ziyuan, "Zhuo Dong, the negotiation of the people below, we are not interesting to listen to, why don't I accompany you to go outside?"
"Well, I'm bored too. "Actually, what should be said, Xu Ziqiang has already said it all, Lu Tao has completed the information that should be checked, and now it is just upside down on the market value, and the attitudes of both sides have been clear.
Follow Ding Sanshi out of the conference room, come to Ding Sanshi's office, sit on the sofa, Ding Sanshi began to make tea, the traditional hobby of the Chinese people. Whether you understand it or not, it is necessary to pretend.
Ding Sanshi didn't speak, he soaked seriously, Zhuo Ziyuan didn't speak, just watched him make tea, compared with the professional tea-making videos he had seen, Ding Sanshi was far behind, but the exterior of this office was very good, there were woods, rockeries, small bridges, and flowing water outside, and it really had the same artistic conception as drinking tea.
Took the tea handed over by Ding Sanshi, smelled it, fragrant, really fragrant, slowly tasted it, let the tea flow in the mouth for a while, full of tea fragrance, straight to the brain, refreshed.
"Good tea. Zhuo Ziyuan couldn't help but praise.
"Zhuo Dong also understands tea?" Ding Sanshi saw Zhuo Ziyuan's movements and felt that Zhuo Ziyuan should be a tea friend.
"Hehe, Mr. Ding smiled, I don't know tea, I am usually entangled in the world, and I don't have time to cultivate such elegant sentiments, so I can only experience one or two of them. Pu'er, "Zhuo Ziyuan's knowledge of drinking tea is thanks to the efficient information transmission of later generations."
"Hehe, Zhuo Dong is upright and youthful, tea is indeed not very suitable. ”
"Mr. Ding called me over, he didn't want to discuss the tea ceremony with me. ”
"Zhuo Dong is really fast. Ding Sanshi said with a smile.
Zhuo Ziyuan didn't speak, drank the tea in the cup in one gulp, looked at Ding Sanshi, and waited for him to say.
Ding Sanshi was silent for a while, and then said, "Doesn't Director Zhuo have any intention of acquiring Yiwang as a whole, and is only willing to accept part of the equity?"
"Mr. Ding, I don't tell you, I still have self-knowledge, I believe that any company can only walk on the most correct path only in the hands of the founding team, and the management of any professional manager can only follow the ideas of the founder, otherwise it will deviate from the original intention of the creation, resulting in the enterprise can not last long. ”
"However, we prefer to sell in one piece. ”
Partners and management tend to sell and realize the equity, Zhuo Ziyuan can understand, but he doesn't understand why Ding Sanshi, as the main founder, also thinks this way, maybe it's just his temptation.
After thinking for a while, Zhuo Ziyuan asked tentatively, "I don't know what Mr. Ding's intention is after the sale of Yiwang?
"I haven't thought about it yet, I think it's more about looking for opportunities and starting a new business. Ding Sanshi shook his head and said.
Zhuo Ziyuan heard this, smiled indifferently, Ding Sanshi saw it, and without waiting for Zhuo Ziyuan to speak, he frowned and said, "What, Zhuo Dong thinks it's ridiculous for me to start a business again, and thinks that if I fail, the next project will not succeed?"
"Hehe, no, I'm a fan of the general authorities of Xiaoding, Mr. Ding has obviously walked such a long way on the road of entrepreneurship, and he already has a profitable direction, why do you want to abandon the basics and start all over again?" Zhuo Ziyuan did not change his attitude towards Ding Sanshi, and still said lightly.
"Oh, Zhuo Dong thinks that we have a future for Yiwang. ”
"Of course, Mr. Ding has developed an online game of Journey to the West, isn't this a good profit point, I believe you have also seen the popularity of the legend, the game will become a person's spiritual needs, and the future will be indispensable. And with the growth rate of domestic netizens, advertising fees and membership fees will only increase, why should Mr. Ding give up the cake of the future of Yiwang, and look for eggs that don't know where?"
Zhuo Ziyuan's analysis is very consistent with Ding Sanshi's psychological prediction, but in the current situation, almost no one is optimistic about them, and even he himself has doubts about himself.
"Zhuo Dong really thinks so?" Zhuo Ziyuan's words were like a shot in the arm, opening a gap in the dark curtain, which was the only positive answer Ding Sanshi had heard in the past six months.
"Of course, the premise is to survive this suspension crisis. Mr. Ding can sell part of the equity to Youdao, which can be regarded as a disguised guarantee, even if this crisis cannot be overcome, there is still capital that has come all over again, the equity of other people in the easy-net team, as long as they are willing to transfer, I will also take over, the premise of this time is that the personnel of the easy-net team can not change much, at least Mr. Ding can not find another entry. Moreover, Mr. Ding has this money, and when he resumes trading, he can also officially announce the recovery of a certain percentage of shares at a price of 1 US knife, which can also ensure that the stock price will not continue to fall, strengthen the confidence of shareholders, and if necessary, we can also cooperate with the repurchase. ”
Ding Sanshi glanced at Zhuo Ziyuan deeply, did not speak, and began to brew the tea in front of him again, he needed to weigh the pros and cons.
Zhuo Ziyuan is not in a hurry, give him enough time to think about it, through this conversation, he is already confident that Ding Sanshi will choose to cooperate with him instead of packaging and selling it as a whole, after all, he is a child raised by himself, as long as there is a glimmer of life, he will never let go easily.
After drinking two glasses, Ding Sanshi finally spoke, "You should know about the Three Musketeers of the Internet, right?"
Zhuo Ziyuan nodded, the three musketeers of the Internet are talking about the founders of the three domestic portals, Yiwang, a certain wave, and a certain fox, they are in the domestic IT industry, but the existence of the big brother, how could Zhuo Ziyuan not know, that is, in his previous life, he was not very clear because of school, but in this life, he paid special attention to the Internet, of course he knew.
"Among the three of us, I was the first to found Yiwang, a year earlier than them, when the three of them took 500,000 start-up capital, began the road of entrepreneurship, but on the way to introduce capital, one step later than them, Zhang Yang in the establishment of a certain wave, from the capital to get 20 million RMB of funds, but also the reason why he was the first to go public, to say that my easy net is not as good as him, at most it is slow in the financing speed. ”
"One step is slow, one step is slow, but the advantage is that you have an absolute equity ratio in NetEase, and there will be gains and losses. Zhuo Ziyuan didn't expect Ding Sanshi to sigh first, and took over the conversation, Zhuo Ziyuan believed that if it weren't for Ding Sanshi's excessive desire to control the company, or excessive suspicion of the capital side, he would definitely not still hold more than 50% of the equity after listing.
You must know that since its inception, the three portals have been in a state of loss, which can be seen that Ding Sanshi is really short of money and has no way to carry out financing, and the financing range is quite small, but Ding Sanshi is willing to take out more shares to capital institutions, and the development of Yiwang will definitely not be left behind.
Ding Sanshi once again took a deep look at Zhuo Ziyuan, but he didn't expect that this young man not only looked calm, but also had a vicious eye, and he could see the reason for Yiwang's backwardness at a glance.
"Yes, I was really wary of capital before, but I was worried that if I was not careful, I would fall into their trap, and in the end the entire founding team would be kicked out, isn't Apple the best example. ”
"Mr. Ding rest assured, the basic principle of our Tao is to respect the founding team, absolutely not to participate in the management of the company, and the voting rights can also be held by the founding team, of course, the premise must be that the company is developing well, and we have not transferred the company's shares. We have only two goals for the establishment of Dao, one is to promote the rapid development of domestic Internet enterprises and promote the social process, and the other is to make money. Zhuo Ziyuan knew that the Internet boss on the other side wanted to make his own statement.
"Okay, Zhuo Dong is refreshing, I am not ambiguous, in fact, I originally intended to sell Yiwang as a whole, but Zhuo Dong's words made me suddenly, as long as Zhuo Dong is willing to take over the shares of Yiwang, the price can be completely according to those investment institutions, I will convince the whole team, I also know that Youdao is willing to accept the equity of Yiwang at this time, and it is also a great risk. For the risk, Ding Sanshi of course knows why no institution is willing to accept Yiwang, because the risk is too great, the loss is on the one hand, the suspension is on the other, and there is also a concern that there are two similar portals of the same size or even better market performance, rather than jumping into the pit of Yiwang, which has an unknown future, it is better to find opportunities to invest in potential start-ups.
"Oh, Mr. Ding is so refreshing, I can't be stingy, I can't make Mr. Ding embarrassed, in this way, I can add 10% to the shares in the hands of individual shareholders of Yiwang on the basis of the prices of several previous capital institutions. Of course, Zhuo Ziyuan will not be stingy, he hopes that Ding Sanshi will run Yiwang well, otherwise his investment will be wasted. And the current price is nearly 20% less than the 1 US knife expected by Zhuo Ziyuan.
"Okay, Zhuo Dong is magnificent, Zhuo Dong's friend, I have made up my mind. Ding Sanshi clapped his hands and said.
"Since it's a friend, then don't always call this and that Dong, I'm young, and you're an Internet senior, I'll call you Lao Ding, you can call me Ziyuan or Xiaoyuan, how, Lao Ding?" Zhuo Ziyuan took the initiative to reach out, and he still admired these entrepreneurial seniors.
"Okay, Ziyuan, then we have a good cooperation. Ding Sanshi also shook Zhuo Ziyuan's hand heavily.
"Haha, then let's go to the conference room and talk, don't let them fight inside. Zhuo Ziyuan joked.
"Okay, I'll call your people over and I'll communicate directly with the team in the conference room, and when it's almost over, you guys will come back." Ding Sanshi got up and walked out as he spoke.
"Let's go over together. Zhuo Ziyuan immediately followed, Ding Sanshi was polite, he couldn't take it for granted, the necessary respect must be reflected.
"Okay, together. Ding Sanshi replied happily, with a sincere smile on his face that had rarely been seen in half a year.
Pushing open the conference room, the personnel on both sides were still in a tense situation, but seeing the two bosses come in with a smile on their faces, everyone showed a smile together, it was obvious that the two bosses had negotiated with each other, and both of them were relatively satisfied.
didn't say much, Zhuo Ziyuan took his own people to Ding Sanshi's office, and Xu Ziqiang automatically took over the work of making tea, but his level of making tea was far higher than Ding Sanshi's tea.
After talking about the results of the conversation with Ding Sanshi and telling everyone, Xu Ziqiang hesitated and said, "BOSS, you are really optimistic about Yiwang, I always feel unreliable in my heart." ”
"Don't worry, my money is not blowing in the wind, Penguin, a start-up, I have invested so much capital, Yiwang, a company that has been listed and has a profit model and development plan, the price is still cheap, I have no reason to give up. Speaking of penguins, Mr. Xu, you also have to add a lot of money to buy as much equity as possible in the hands of the entrepreneurial team and executives, if Brother Xiao Ma is willing to pretend, the price is negotiable. ”
Lu Tao listened on the side, the corners of his mouth couldn't help twitching, your money is no different from the wind, just write a novel, you can be as old as a million dollars, the wind is not as strong as you.
What Mr. Zhuo said is that theoretically, listed companies are always more insured than entrepreneurship, but the current situation of Yiwang is indeed not very optimistic, so Mr. Zhuo will no longer consider it, or wait for a while to see. Lu Tao also persuaded.
"No, just start if you like it, hesitate, you can't do big things, the opportunity doesn't always exist, in a few months, it's likely that they won't need us. Without further ado, I think we can draft a contract template now. ”
Ding Sanshi was still very powerful, and quickly gave Zhuo Ziyuan a reply, he persuaded everyone to agree to Zhuo Ziyuan's offer, and in the afternoon they would discuss the proportion of equity transferred by each person and the details of the contract between the two parties.
After a hearty lunch, Lu Tao and the in-house counsel of Yiwang began to draft the equity transfer contract and voting rights holding agreement, while Ding Sanshi and his team discussed the proportion of the equity transfer.
The teams on both sides are more efficient, and the two bosses were present, and all the agreements were completed in one afternoon, and the team of Yiwang also negotiated the transfer of the equity ratio to Zhuo Ziyuan, a total of 18%, Ding Sanshi alone contributed 12%, and a total of 8 other people transferred 6%.
This transaction cost Youdao 4.3 million US dollars, and Zhuo Ziyuan also owns about 24% of the equity of Yiwang, which is already the largest shareholder except Ding Sanshi, and such a large shareholding ratio of a company is actually not the choice of ordinary capital companies, unless it is very, very optimistic, the general capital institutions are to reduce their holdings after listing, and get back the early investment, but who let Zhuo Ziyuan have a lifetime of experience, he is very confident in his investment, not to mention, ten times and a hundred times the return, he is confident.