011 Yahoo Value 2
Looking at the stunned crowd, Li Feng was amused, obviously, Li Feng's proposal startled them.
"Why, guys, are you scared?"
"Oh mygod, Holy Son, you are really a blockbuster, but it surprises us, originally we discussed the valuation of 100 million, we thought it was overestimated, but compared with your valuation and ideas, Holy Son, we feel that we are really living in vain. David Ferro was the first to react, but he jumped up in shock, and then replied excitedly.
"Wow, David, didn't expect me to surprise you?"
"Of course, in fact, you've been frightening us all along, aren't you," he said and shrugged at Yang Zhiyuan and the others.
"Okay, everyone, what do you think of the Holy Son's proposal?" Yang Zhiyuan immediately took over the topic and then asked the people seated.
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"You should know that I gave this share by John, I don't understand the Internet, listen to you. Zach shrugged and said casually.
But apparently everyone heard it, and the shares were given by others, and of course what he said was what it was.
"Tim, you're the general manager of the company, how about you talk about it?" Yang Zhiyuan asked Tim Cook again.
"Jerry, and everybody, obviously we're miscalculating the situation, anything can happen on the internet, and if we miss the opportunity, someone else will take the lead, obviously we're missing out on the global market.
If we can implement the global development strategy and occupy the gateway market share in the global market, then our previous valuation is going to be invalidated, which is my negligence as a general manager, and I have to apologize to the directors.
Therefore, I agree with the Son's valuation, but I think we can set a range, let's say a valuation of $300 million to $500 million. β
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"Okay, we've basically agreed, and it's time to get in touch with the capital, Tim, tell everyone how many offers and inquiries we've received so far. β
"Yes, at present, the clear quotation includes 4 capitals such as Sequoia Capital and AOL, which are basically between 30 million and 100 million, and have not exceeded 100 million.
The rest of the telephone inquiries are more than 10, including angel investors and other individual investors, and many are waiting for our clear answer, so it can be said that we have attracted the attention of most of the investment capital in the capital market. β
"Well, we don't need so many venture capitalists, don't we, just a few strong leaders. Li Feng interjected at this time.
"Yes. Tim replied affirmatively.
What Li Feng didn't know was that because of his own reasons, Yahoo's development was much more beautiful than in his previous life, and the same valuation was much higher.
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"So, Tim, all you have to do now is make a plan for global development, and the funding that is needed, and then we reply to all the capital that asks us.
We are valued at 500 million and are ready to raise about 100 million yuan. When the time comes, we're going to have a global development strategy, and I think those investors will be interested. β
Yang Zhiyuan was also ruthless at this time, and said directly according to Li Feng's quotation.
"Okay, I'll get ready right now. With Yang Zhiyuan and Tim's affirmative reply, as soon as the words fell, everyone in the conference room was excited.
"Okay, guys, let's look at the key battle, if we succeed, then we will create a new myth of Silicon Valley. Yang Zhiyuan also said excitedly at this time.
Immediately, everyone basically reached the Yahoo valuation issue, which was the end of the main content, and then Tim left the conference room first.
At this point, there are only 4 initial shareholders left in the entire conference room.
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"Okay, ladies and gentlemen, let's discuss that according to our development, the development of listing and financing in the future is a necessary process, so there needs to be a charter for the reward of employees in the company, that is, shareholding.
Let's talk about how many shares we take out to let employees enjoy the company's dividend income, I heard that we are ready to raise funds, and the company's internal staff discussions have been very fierce recently, and we need to put forward a proposal as soon as possible to calm people's hearts. β
"I think it feels a little bit early now, according to my idea, after the second round of financing, the equity incentive plan will be launched, and then there can be a clarity. Li Feng first put forward his own opinions.
Think about it, now there are more than 10 people in the whole company, and when the time comes, it will be funded, and what will happen to the rest of the people who are listed.
"I also agree with the Holy Son's proposal, after all, our company is too few people now, and the company is in its infancy. David chimed in.
"Of course, we can promise that if the company goes public, it will definitely start the share incentive plan before the listing, and this will need to be appeased by the company's leadership.
You can start with a rough plan. For example, if the company takes out 10% of the shares, how much can the management take, how much the employee shares, there is a rough articles of association, and it also needs to be explained when raising funds this time. Li Feng said with a smile.
Immediately, the others all smiled and nodded, which was basically confirmed.
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"What do you think will be the next companies or individuals to become our partners?" asked Li Feng with a smile.
"Hi, I'm not going to say anything, Jerry, you can talk about it. David Ferro plucked himself out first.
"According to the strength of our company, the scale of financing, in fact, we can remove a lot of small companies and weak individuals, so it is nothing more than a few large venture capital companies and a few large fund capital.
We're not just attracted to VC firms, we're attracting the giants of Wall Street.
For example, in addition to Silicon Valley venture capital such as Sequoia Capital, there are also some Wall Street funds, such as the Morgan Fund, maybe they will form a group, and they will join forces if they can't eat it. β
"Wow, I'm relieved to hear you say this, anyway, it's basically agreed, and it's up to you then. β
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"What?" Yang Zhiyuan and David Ferro both looked at Li Feng with shocked expressions.
"Do you want me, a little arm and a little leg, to deal with those capital predators, be careful that I sue you for child abuse. β
βshitοΌβ
Looking at Li Feng's innocent and clean handsome face, Yang Zhiyuan and David Ferro couldn't help but burst into foul language.
Obviously, Li Feng came to visit, mainly to explain his requirements to everyone before financing, and then he didn't care, and the two felt more and more that they were fooled by Li Feng at the beginning.
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"Okay, okay, it's a big deal that after the successful financing, I'll celebrate the two of you, it's okay.
Look at the two of you, and I'll help you find a dozen beautiful women to celebrate your success. β
"Fuck off, but Li Feng, you still have to be there when the financing negotiations are held, after all, you are also the original shareholder. Yang Zhiyuan said to Li Feng, and David also echoed on the side.
Li Feng finally nodded and agreed, but it also showed that it was mainly them talking, and his own people had basically reached an agreement anyway.
In fact, Li Feng's trust is still very touched. After all, in the relationship of vital interests. Li Feng's unreserved trust and let the two of them talk and make decisions directly was indeed beyond the expectations of the two.
I thought that Li Feng would also participate in this financing. It was also because of this that the two still felt that they wanted Li Feng to get involved, even if they were watching from the side.
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They have already finished talking about business, so the four of them chatted happily in the conference room, and laughed from time to time, which caused everyone in the company to be puzzled.