Chapter 268: Can't refuse
Hanging up the phone, Lu Xingsheng and Li Feng went downstairs and returned to the pavilion.
While drinking tea, Lu Xingsheng took out his mobile phone, found a name named Pan Huiyun, and then dialed it.
"Hey, hello!" a slightly magnetic voice came from inside.
"Hello Mr. Pan, I am Lu Xingsheng, the general manager of 'Diesheng Investment Company', I heard that your original news network is launching the first round of financing?" Lu Xingsheng asked.
"Yes, Lu always wants to participate in the first round of investment in our website?" Pan Huiyun was pleasantly surprised, the A round of financing of the original news network has been launched for several months, and there has never been much progress. He was already tormented by this.
Without enough funding, the original news network simply could not develop. However, if Internet companies do not develop, it means that they are facing elimination.
"I don't know what Mr. Pan's valuation of the original news network is?" Lu Xingsheng asked.
Pan Huiyun suddenly hesitated, although the original news network is a media website with a very low threshold and no core competitiveness, but after his efforts in the past few years, he has barely been able to break even. This is stronger than most media websites of the same level.
The first round of financing has always been difficult to achieve, not because OriginalNews has no investment value, but because of his high valuation of OriginalNews Network, reaching $10 million.
He thinks the original news network is worth the price.
Therefore, in anticipation of the first round of financing, he wants to release about 33% of the shares and inject $5 million into the website.
Unfortunately, those investment companies all feel that his valuation is seriously overvalued. Especially some small investment companies, as soon as they heard his valuation, they hung up the phone directly and didn't bother to talk about it.
After thinking about it, Pan Huiyun changed his strategy, put aside the valuation for a while, and introduced: "Our original news network has been able to break even, although the traffic is not large, but the forwarding and sharing rate of news on our website is extremely high, which shows that our content is recognized by users." As long as I have enough funds, according to my plan, I will make every effort to build an APP. I'm confident that I can grow it into a top 30 news app in terms of users within three years. Three years later, if we start the B round of investment, I believe that the valuation of the original news network will reach more than 50 million US dollars......"
Pan Huiyun talked for a long time, but Lu Xingsheng never said a word, leisurely accompanying Li Feng to drink tea.
This made Pan Huiyun a little suspicious, this Lu always didn't really listen to his introduction.
After talking for more than ten minutes in one breath, Pan Huiyun, who felt a little like playing a stand-alone game, finally stopped, and he muttered: "In the first round of financing, I valued the original news network at 10 million US dollars. ”
"Mr. Pan's courage is commendable. Lu Xingsheng smiled.
Pan Huiyun was not surprised, Lu Xingsheng's reaction was ten times stronger than those investors who hung up the phone directly. This attitude at least shows that there is hope.
He took a deep breath and said, "Mr. Lu, our website is in contact with internationally renowned investment companies such as SoftBank and IDG, hoping that the first round of financing can be led by them. Although it has not yet been negotiated for valuation reasons, it is only a matter of time. Being able to win the favor of internationally renowned investment companies such as SoftBank and IDG undoubtedly proves the development potential of our original news network......"
Lu Xingsheng laughed dumbly, as an Internet company, he either has a hand in technology or content, or can brag and tell stories, or both. If you have both, with a little luck, the possibility of soaring into the sky is extremely high. Only one of them, unless you are very lucky, at most you can only guarantee that the site will barely be eliminated.
This Mr. Pan, as shown in his investigation materials, has a hand in making content, and he is a little out of the flow in terms of bragging and storytelling.
At the very least, the that Mr. Pan bragged made him feel very stiff.
Taking advantage of Pan Huiyun's panting, Lu Xingsheng spoke: "I don't plan to follow. ”
"Mr. Lu wants to lead the investment?" Pan Huiyun was stunned, and suddenly felt a little embarrassed in his heart. If the investment is led by those internationally renowned investment companies, it can not only prove the development potential of the original news network, but also a big news that can greatly improve the popularity of the original news network.
Moreover, internationally renowned investment companies have more or less certain shares in major Internet companies, and their network resources are extremely extensive. If you can lead the investment in the original news network, you can use some network resources, which is extremely beneficial to the future development of the original news network.
An unheard of investment company is the lead investor, and I am afraid that there is no investment company willing to follow suit.
"I don't want to lead the investment, but I want to buy the original news network. Lu Xingsheng said indifferently.
"Acquisition?" Pan Huiyun was stunned.
"10 million US dollars, the acquisition of 90% of the shares of the original news network. Mr. Pan occupies 10% of the shares and is also the president of the original news network, with decision-making power. 'Diesheng Investment Company' has the power to lead the next round of financing, and does not interfere in any affairs of the original news network, and only has a certain right to make suggestions. Lu Xingsheng explained.
"This ......" Pan Huiyun was suddenly entangled.
The original news network is his hard work and dream for many years, if it weren't for his decision-making power. Otherwise, let alone 10 million dollars, even if it is 20 million dollars, he will not hesitate to refuse.
Lu Xingsheng smiled indifferently: "In addition, Mr. Pan's shares remain unchanged. Within a month, I will inject no less than $20 million into the original news network. Within half a year, the injected funds will not be less than 50 million US dollars. Within five years, there is no need for the original news network to generate any profits. ”
Pan Huiyun was a little dazed.
How optimistic does this have to be for the original news network to come up with this kind of acquisition plan?
You must know that the probability of being eliminated by small Internet companies is ridiculously high. Even those large investment companies can't afford to spend tens of millions of dollars on a small Internet company.
For example, those large investment companies, even if they are extremely optimistic about a small Internet company, generally spend a few million dollars to get 20 or 30 percent of the shares of the Internet company first.
When the Internet company gained a firm foothold and opened the second round of financing, it was the lead investor and threw more funds into it to try to keep the share of shares on hand or get more shares.
Then the third, fourth, fifth...... According to the development and potential of the Internet enterprise during that period, it is decided whether to participate in the financing.
If the Internet company goes bankrupt or is swallowed up or acquired by other Internet companies, it means that the investment has failed. If the Internet company is successfully listed, it will be the season to sell its shares and start harvesting. If there is still a very high potential for development or dividends after listing, it is a big profit.
Very few investment companies will directly acquire the other party like Lu Xingsheng, and then inject a large amount of money. This kind of acquisition of a website only happens frequently among Internet companies, in order to enrich their own ecological chain and expand traffic.
"I can't seem to refuse ......" After a long time, Pan Huiyun smiled bitterly.
$50 million, plus no profit for five years, allowed him to completely free his hands and move forward towards his dreams.
The only regret is that one day his dream will come true, but the original news network does not belong to him. At that time, he may not even occupy three percent of the shares in the original news network after several rounds of financing.
Capital is so strong and domineering.
"It seems that we have reached a consensus. Lu Xingsheng said with a smile: "I believe that under the leadership of Mr. Pan, the original news network will definitely become one of the large-scale portals." ”
"But at that time, the original news network doesn't belong to me......" Pan Huiyun's mood is a little low, this is like a family that is so poor that he can't open the pot, and suddenly a big family comes, saying that he wants to accept his child as a righteous son and bring it back to cultivate it well. He was happy for his children, but he was sad for himself.
"The relevant details need Mr. Pan to come to Cangnan City for an interview, and I hope that the acquisition can be completed within a day or two. ”
Lu Xingsheng could understand Pan Huiyun's mood at the moment, but he didn't say anything.
Capital is a crocodile with a big mouth open, which has always been cruel and bloody. If it weren't for the urgency of time, he would not have been able to directly offer Pan Huiyun such a generous condition. will only take one bite at a time, and slowly swallow the original news network into the stomach at the minimum cost.
"Cangnan City?" Pan Huiyun said with some surprise: "Mr. Lu didn't come to inspect the company's operations and financial data?"
"I'll ask my assistant to go for that. ”
Lu Xingsheng shook his head, Zhang Yudie was unable to move. He has invested in so many enterprises and companies, but he has never been out of Cangnan City once.
"Okay!"
Pan Huiyun nodded and agreed.