Chapter 302: Buying Pinduoduo Shares Again (12/20, Boutique Plus Update!)

Feixiang Technology Chengdu Headquarters.

Wang Qian took the car to the underground garage, and then Chen Yaoyao immediately let go of Shen Lang's arm.

Shen Lang and Chen Yaoyao specially said that they can be more intimate in ordinary times.

But in Feixiang Technology, the two still need to maintain the previous mode of getting along, also in order not to let other employees say bad things.

Chen Yaoyao understands this very well, and this is not a big deal, as long as Chen Yaoyao can push Shen Lang down, it is enough, and nothing else matters.

In the conference room of Feixiang Technology, all the executives of Feixiang Technology gathered together.

Yu Chaoqun, as the director of Feixiang Technology when Shen Lang was away, stood up and said: "Mr. Shen, I have contacted all the capitals who have participated in the B round of investment before, and they are all interested in our C round of financing, and the general valuation has increased. ”

"Oh, are there any penguins?"

Shen Lang is most concerned about the Penguin investment department, and you must know that Penguin is still very important to the traffic diversion of Feixiang Technology, especially the level of traffic import port.

Yu Chaoqun also replied with a smile: "Of course, I specially communicated with Chen Zhijian of the Penguin Investment Department, they still have a lot of interest in our Series C financing, and they have the idea of leading the investment. ”

"Of course, if our Series C financing is valued at $1.5 billion, other capital than Penguin will not have the ability to lead the investment. ”

Shen Lang doesn't care who leads the investment at all, only cares about whether the valuation of the C round of financing can reach $1.5 billion.

"Chaoqun, what is the highest valuation given by capital now?"

"Only $1.3 billion, this is the highest valuation given by Penguin Investments, and it is also a valuation that other capital recognizes. ”

$1.3 billion?

Shen Lang was a little dissatisfied, and said to Chaoqun: "During this time, I will try to subsidize users as much as possible, and I need to get the data that the average number of users per day has increased again." ”

Due to the misappropriation of the deposit some time ago, the capital of the shared bicycle is generally cautious.

If Shen Lang hadn't been prepared in advance, he would have signed a special fund with ICBC to ensure the safety of users' deposits, otherwise Feixiang Technology's valuation would have dropped instantly.

Being able to rise steadily is already quite awesome for Feixiang Technology, but Shen Lang wants more than that.

At the end of the meeting, Shen Lang was still paranoid about valuation, especially in the current domestic market, where Feixiang Technology occupies a leading position.

The financing meeting of Feixiang Technology had just ended, and George took the initiative to come to the door.

"Shen, I just finished negotiations with Mi Yong from the Speed of Light Country, and although they rejected me for the first time, I think they have the possibility of selling their shares. ”

Shen Lang's interest in Pinduoduo has always been very high, and he is also crazy.

Whoever changes to Pinduoduo will go public in three years, and the valuation after listing will be as high as 30 billion US dollars.

George also knew Shen Lang's attachment to Pinduoduo's shares, so he especially negotiated with Mi Yong of the Speed of Light Country.

George's $2.5 billion valuation was directly rejected, which was not at all out of Shen Lang's expectations, with Pinduoduo's valuation of up to $2 billion in Series B financing, it was definitely a joke to give an extra $500 million to acquire Mi Yong's shares.

"Shen, can you tell me an acceptable valuation, so that I can negotiate again with Mi Yong of the Speed of Light Country. ”

George poured a glass of water, sat opposite Shen Lang and said.

"George, I can tell you clearly, again, as long as Mi Yongken gives an offer, even if it is a valuation of $4 billion now, I am willing to spend this money to buy his shares. ”

George was also a little amazed at Shen Lang's excessive dedication to Pinduoduo, I am afraid that Huang Zheng, the founder of Pinduoduo, could not have imagined that there was still someone in the world who trusted him so much.

"Okay, boss, since you said it, then I'll go back and continue to find Mi Yong in the Lightspeed Country, as long as he is willing to make an offer, I will definitely be able to take his shares. ”

Shen Lang also smiled and encouraged George: "I still say the same thing, as long as you can help me take the shares in Mi Yong's hands, I will help you take down Liu Wen." ”

George suddenly had motivation, and the last time he couldn't successfully have a hi with Liu Wen, it has always been a pain in George's heart.

With Shen Lang's promise, George immediately left Feixiang Technology to conduct a second round of negotiations with Mi Yong in the Speed of Light Country.

Three days later, George gave a piece of news that surprised Shen Lang a little, and Mi Yong of the Lightspeed Country agreed to negotiate with George.

For Shen Lang, as long as he can negotiate, what he is most afraid of is that Mi Yong of the Lightspeed Country is obsessed with Pinduoduo's shares.

As long as both parties are willing to buy and sell, all that remains is negotiation.

George has a talent for negotiation, and he and Mi Yong have negotiated many times in a short period of time, and the valuation of $2.5 billion was directly rejected by Mi Yong mercilessly.

Now alone, it has reached $2 billion in Series B financing, and Mi Yong feels that he will need at least $3 billion to make a move.

Of course, $3 billion is not the most important offer Mi Yong wants to accept, if George can reach 4 billion U.S. dollars, it will be the income that makes Mi Yong feel that he can wake up with a smile when he dreams.

People are always greedy, and George's direct rejection of Mi Yong's proposal, the $4 billion offer, is just a joke.

After George and Mi Yong negotiated many times, Shen Lang was also afraid of long nights and dreams.

Mi Yong's sale of shares will definitely trigger speculation for Huang Zheng, who has always been a cautious and cautious person.

And Huang Zheng is not an ordinary entrepreneur, he has many successful experiences.

Just Shen Lang saw in the information sold in Krypton Gold Mall that even after Pinduoduo's last financing before listing, Huang Zheng still occupied more than half of Pinduoduo's shares.

And the voting power is firmly in their own hands, even if it is a giant company like Penguin, it still does not have too much voting power, it can be said that Pinduoduo is almost Huang Zheng's word.

In the end, George and Mi Yong negotiated and completed the transaction at a valuation of $3.5 billion, and Mi Yong's 7% stake will be acquired by George's Prius Capital at a valuation of $3.5 billion.

The $3.5 billion valuation of the deal can be said to make Mi Yong wake up with a smile from his dream, of course, just the current dream.

If you wait until after the listing, Mi Yong will definitely hate George to death, and you never dreamed that the current valuation of $3.5 billion will become $30 billion by then.

Almost Mi Yong will make ten times less money than Pinduoduo when he goes public.

The problem now facing Shen Lang is how to raise more than $200 million to buy 7% of Mi Yong's shares.

If you want to buy 7% of the shares in Mi Yong's hands, you need 1.7 billion yuan, which is undoubtedly a huge pressure on the current Shen Lang.

Because the money in Shen Lang's money farming game cannot be discovered, if he takes out a billion at once, it may cause speculation and suspicion.