Back to the company, Su Hua immediately talked to the founding team about the whole process of negotiation with Zhang Yida today.

"Zhang Yida really said that?"

The one who spoke was a glasses otaku, wearing a shirt, and at first glance he looked like a technologist.

In fact, he is indeed from a technical background, his name is Chen Yixiao, and he is the co-founder of Kuaishou.

He was in charge of the product in Renren.com, and he was also the real founder of Kuaishou, at that time Kuaishou was still called "GiF Kuaishou", making dynamic and funny pictures.

Su Hua was the only Kuaishou who joined later, and Kuaishou had been in business for several years at that time.

"yes, $5 billion, all cash. ”

Su Hua smiled: "If you agree, the four of us here will be wealthy." ”

This is not a joke, Su Hua joined halfway, and the original team of three people, including Kuaishou Angel Investor and Chen Yixiao, diluted 50% of the shares to him and the team he brought.

Of the 50% shares, 40% was given to Su Hua, and the other 10% was given to the team brought by Su Hua.

Chen Yixiao and the other two founders saw their stake drop from 80 percent to 40 percent.

Angel investor Morningside Capital shares fell from 20% to 10%.

After four rounds of financing, Su Hua personally has 20.42% of the shares, and Chen Yixiao's three original Kuaishou founders add up to this amount.

Yin Xin and Yang Yuanxi, who have fewer shares among the four, also have two or three point shares.

If the company is sold at a price of $5 billion, it will immediately receive more than $100 million in cash.

Chen Yixiao can probably get seven or eight billion US dollars, and Su Hua has the most, with more than one billion US dollars.

It is true that all four of them are wealthy!

So Chen Yixiao, Yin Xin, and Yang Yuanxi all smiled all over their faces.

Several of them are programmers, and their ideas are very direct, and they don't like to hide their emotions.

Su Hua looked at the three of them and asked again, "You three, do you plan to sell?"

"I think it's almost there, with Shake in front, we will double the data if we are fast.

200 million daily active users, this is almost the limit!

Then the company goes public, and the market value may be more than 10 billion US dollars.

If you cash out, you will have to wait a few years, and you won't be able to sell it for so much money......"

Yinxin people are relatively straight, and they directly began to analyze.

However, he looked at Su Hua, whose face was slowly darkening, and his voice was quiet.

For Su Hua, the three original founders of them were both respectful and afraid.

Jing, because Kuaishou is in their hands, they have not been able to become bigger and stronger, and they almost died because they couldn't raise funds.

In Su Hua's hands, he immediately turned decay into magic.

At the beginning, their angel investor Zhang Fei wanted to introduce a CEO to them, and the price was to sell 50% of the shares.

At first, they still had opinions, but later they learned how much the 50% stake was worth.

Without Su Hua's words, what if the three of them held 80% of the shares? The company might have collapsed for four years.

I'm afraid, although Su Hua is a programmer, he is very assertive.

Before joining Kuaishou, he also created several businesses, all of which were CEOs.

One of them started a business, and he successfully exited through mergers and acquisitions, achieving financial freedom.

So when facing Su Hua, the three of them were always a little unconfident and psychologically weak.

After Su Hua joined Kuaishou, he started the reform in a big way.

The three of them were criticized by Su Hua a lot, but it turned out that Su Hua's decision was correct.

Over time, they became accustomed to seeing Su Hua's face and acting.

Seeing that Su Hua's face was not good, they knew that something bad was wrong and that they had said the wrong thing.

"Brother Hua," Chen Yixiao hurriedly came out to play the round, "and we're just joking."

You name it, you can do what you want. Whether it's mergers and acquisitions, or fight against Shake to the end, it's up to you. ”

Su Hua's face was slightly pale, "I also respect everyone's opinions." After all, Kuaishou has everyone's part.

But ......"

Su Hua glanced at the three of them, "Can we not let our eyes light up when we hear about $5 billion?"

Is $5 billion high? There are also investment institutions offering $8 billion to invest in us!"

Yang Yuanxi scratched his head, "With a valuation of $8 billion, people will invest tens of millions of dollars, which is different from the $5 billion pure cash of this merger and acquisition!"

Su Hua hurriedly stopped, "What's the difference? Since someone opened $8 billion, it means that we are worth the price."

It doesn't matter if the company sells it or not. If we really want to sell, we have to bite the price of $8 billion. ”

"Can Zhang Yida agree?"

Chen Yixiao's eyes widened, and he felt that $8 billion was too exaggerated.

Su Hua chuckled twice, "Now Zhonghe Group needs Kuaishou, not that we have to sell the company." ”

Chen Yixiao and the three of them nodded, since Su Hua said so, it must not be wrong.

After unifying the opinions of the founding team, Su Hua held another board meeting and threw out the blockbuster news that Zhonghe Group wanted to merge Kuaishou.

Investors exploded, some for and some against, with different opinions.

Penguin, Black Shirt Capital, Qiandu, and Ruixiang strongly support mergers and acquisitions;

Several institutions, including Chinese Cultural Industry Investment Fund, Light Source Venture Capital, DSTGlobal, DCM China, and Shunwei Capital, expressed neutrality and paid more attention to the price of mergers and acquisitions.

Morningside Capital, also known as Kuaishou's angel investment institution, objected.

At the board meeting, Zhang Fei, a partner of Morningside Capital, said very directly: "Kuaishou has found the right way to monetize business, and the revenue of live broadcast is hundreds of millions of dollars every month.

Why merge when there is a chance to go public independently?

I know that some of the shareholders are both shareholders of Zhonghe Group and Kuaishou shareholders, so they want to promote the merger of the two companies.

But have you ever wondered what this merger means for Kuaishou?"

Liu Zhiping directly choked and said: "Why is it meaningless, Didi merges quickly, magnesium group merges reviews, 58 merges the same city, and focuses merges and gathers people......

The merger of the two companies with the track can make the moat deeper and beyond the reach of latecomers;

At the same time, we can concentrate resources to open up overseas markets and launch an impact on the valuation of 100 billion US dollars......"

Shen Beipeng also came out to help Liu Zhiping, "Merging is the wisest choice." If the two companies start a subsidy war, Zhonghe Group has more than $5 billion in cash reserves.

What about Kuaishou? Do you have $500 million in cash reserves?

The disparity in strength is too great. First of all, whether you can win or not, you will definitely suffer more if you fight quickly.

The live broadcast business, which has just had the hope of making a profit, may fall into a quagmire, grabbing anchors and subsidizing users...... Enter a vicious circle. ”

Zhang Fei twisted his face to the side, several of you butts are crooked, and what you said is all nonsense, too lazy to entangle with a few of you.

He looked directly at Su Hua and said, "Su Hua, you are the CEO, you can decide! ”

Su Hua still respects Zhang Fei very much, if it wasn't for the other party to introduce himself to Kuaishou, he wouldn't be where he is today.

He heard Zhang Fei's dissatisfaction, and it seemed that he was unwilling to promote Kuaishou's merger and acquisition.

So he smiled and said, "Isn't this just to discuss with the shareholders?"

Zhang Fei was a little dissatisfied with Su Hua's Tai Chi, but on the board of directors, he couldn't openly scold him as the CEO.

sighed, and said with some disappointment: "Su Hua, you talk to them, I support you in whatever decision you make." ”

Seeing Zhang Fei's loss, Su Hua smiled apologetically at the other party.

Then Su Hua elaborated on what Zhang Yida had said to him.

"It's as simple as that, after the acquisition of Kuaishou, Zhonghe Group will end the domestic short video war and focus all its attention on the overseas short video layout.

If it can really achieve the point described by Zhang Yida, the short video platform under Zhonghe Group will reach 1 billion daily active users and 2 billion monthly active users. ”

Representatives of several neutral investment institutions couldn't help but nod, worthy of Zhang Yida, his ambition is really not ordinary!

"As long as the price is okay, we agree to the merger and acquisition!"

"The Chinese Cultural Industry Investment Fund agrees!"

"DCM China agrees!"

......

Several neutral investment institutions no longer insisted, and have turned to the side that agreed to the merger.

Liu Zhiping and Shen Beipeng smiled, and the situation was very good.

Everyone on the board of directors was happy, but only Zhang Fei was expressionless and didn't say a word, looking a little lonely.

After the meeting, Zhang Fei walked into Su Hua's office.

"Mr. Fei, sit down!" Su Hua greeted the other party with a smile.

"Why don't you insist?" Zhang Fei's eyes were sharp, and he directly questioned Su Hua.

If he changes to someone else, even if Su Hua doesn't get angry, he will say a few words.

But Zhang Fei is different, he is not only an angel investor of GIF Kuaishou, the predecessor of Kuaishou, but also his own Bole.

He smiled and pressed Zhang Fei to sit on the sofa, looked up at the ceiling, sighed, and slowly explained.

"That's it, are you afraid of Zhonghe Group and Zhang Yida?"

Zhang Fei also laughed, what kind of broken reason is this? You just told me that I want to cash out 1 billion US dollars at one time, and I won't have to worry about it for the rest of my life, it's better than this reason.

Just now, Zhang Fei's face sank like water, Su Hua smiled, and now it's the other way around.

Su Hua said with a heavy face: "Zhonghe Group has so much cash in hand, if it is really used as a subsidy for the sinking market, the impact on us is unimaginable.

I roughly speculated on my own, and it was basically impossible for Kuaishou to kill Shake Vision.

Unless there is an intervention by the executive force!

On the contrary, I think that we in Kuaishou are more likely to be interfered by administrative forces than they are.

The reason is simple, sometimes the tone of the content is indeed a little too vulgar.

Also, it's not interesting to be ranked second all the time.

If Zhonghe Group keeps beating us, I am afraid that it will cause a decline in the number of users, or a slowdown in growth, and the valuation will also be seriously affected.

Never underestimate the power of market subsidies!

Zhang Fei shook his head and said: "Zhonghe Group is not just looking at one product, and the funds that can really be used to fight the subsidy war with Kuaishou are 2 billion US dollars."

Moreover, if the $2 billion is spent, it will nurture the taste of users and make the benign business model.

This is a double-edged sword, hurting the enemy and hurting yourself!"

"But as long as they curb Kuaishou's development, they succeed. ”

"Then they don't care about the overseas market?" Zhang Fei said with a smile, "It's you who think too much of your opponent, in fact they are just scaring you." ”

Su Hua firmly believes that Zhang Yida did not scare himself, this is a ruthless person who burned $3 billion in shared bicycles.

Will he burn four or five billion dollars in the field of short videos? There is this motivation and strength, and there is a precedent.

Su Hua didn't dare to gamble, and the consequences of losing the bet were very serious.

On the one hand, there are billions of dollars within reach, and on the other hand, there is a void after the failure.

"What about Zhang Yida?" Zhang Fei asked again.

Su Hua thought for a while and replied: "He is good at being strategic and forward-looking, you can see by looking at our shareholders' meeting, how many investment institutions are biased towards him." ”

Zhang Fei nodded, silently, Zhang Yida was able to influence Kuaishou.

It's really a bit of a ...... to be an opponent with this kind of person Pressure!

Listening to Su Hua's analysis, Zhang Fei is also reflecting, is he too optimistic?

Kuaishou really fought with Zhonghe Group, I'm afraid it really won't be good.

In addition, Su Hua is indeed rational and wise enough, and he peels off the cocoon from probability and various strength analysis.

In the end, it came to the conclusion that "it is better to be acquired than to be confrontational"!

Zhang Fei patted Su Hua on the shoulder and said with a smile: "It's decided, then let's do it!"

"You're not objecting?"

Su Hua was very happy to see that Zhang Fei had finally figured it out, after all, he really didn't want to have disagreements and contradictions with Zhang Fei.

"No objection!"

Zhang Fei shook his head, and said seriously: "You must negotiate a good price to come back, I believe Zhang Yida doesn't want to fight this battle." ”

"Don't worry," Su Hua smiled, "I have to grind to 8 billion US dollars." ”