Chapter 683 - Agreement Reached (Three More Breaks 10,000, Ask for Subscription Recommendation)
In his office, Zhou Bing met the vice president who came to visit Youyou, Zhao Xudong.
He is at the helm, and now the most popular game company on the Chinese Internet - Yoyo Games, which has "World of Warcraft", "League of Legends", which are popular all over the world, as well as "Crossfire", "Dungeons and Warriors", and "Swordsman Love III", which are extremely popular in the Chinese market and are also in the first tier.
Even their second-tier product, Tennon's value plus its current potential is valued at $50 million. ”
Zhou Bing knows very well that the potential of this website has already been almost tapped under today's operating model.
If Tencent pushes forward step by step, the valuation of Kaixin.com will only deteriorate.
He knew he didn't have much room for bargaining, but he still wanted to try......
"Mr. Zhao, I think even a "Stealing Vegetables" game is worth 50 million, right?" Zhou Bing scratched his hair and smiled bitterly.
"Half a year ago, maybe it was worth it. Zhao Xudong stared at the other party and said flatly, "Valuation is a thing that changes rapidly. Sometimes just three days apart can make a big difference, especially now. ”
Zhou Bing was silent, as an Internet person. Of course, he had heard the popular saying that Internet companies were only three months away from going out of business.
Three months ago, you were a rising upstart, but three months later, you're a thing of the past.
Such examples abound.
If Zhou Bing chooses to look for an investment company at the peak of Kaixin.com, then the initiative is in his own hands.
"How many shares do you want to buy?"
"This time, it's not financing, it's a direct purchase of your equity. So we need to buy the stocks in our hands from Mr. Zhou and several venture capital institutions. Yoyo wants to be the second largest shareholder after your startup team, but we want to have a veto. ”
Zhou Bing pondered for a while and said, "I will arrange a time for Yoyo's representatives to meet with several venture capital companies such as Northern Lights to discuss the sale of shares." As for the veto...... If Yoyo promises to maintain his position as a second shareholder and not increase his shareholding, I can say yes. ”
Zhao Xudong said with a smile: "No problem, cooperation must be sincere." ”
The right of veto can negate the proposals and suggestions of the other side, but it cannot deprive the other side of its rights.
In Zhou Bing's view, Youyou has a veto power, and it can't be more arguing and discussing between the two sides, but it will not affect his identity as the helmsman.
A veto, compared with a controlling stake, is the latter likely to cause the company's power to change hands and the founder to be kicked out.
The former only adds some voice and exercises the duties of shareholders, although it will be ridiculous, but it will not cause the company to change its surname.
The two sides concluded the first round of negotiations and agreed that the second round of negotiations would be held as soon as possible.
Zhou Bing is also anxious, because every day of delay, the active users of Kaixin.com are decreasing at a rate visible to the naked eye under Tencent's offensive.
......
At the beginning of August, Yoyo officially issued an announcement that the company officially acquired part of the equity of Kaixin.com, and the two companies signed an agreement and officially became a strategic partner.
At the same time, Liu Yun posted an intriguing Weibo on Weibo: I have always believed that in the Internet era, IT companies can achieve a win-win cooperation model. Investing in others and creating the right entrepreneurial environment may lead to better returns in the future.
Many onlookers were excited, and they felt that Liu Yun's Weibo was blatantly satirizing the penguin.
And Lei Jun, who was far away in Yanjing and was preparing a Xiaomi mobile phone, pouted his lips disdainfully: Win-win cooperation?