Chapter 193: The Dinner Party

Tang Feng is not an expert in negotiations, he just has his own bottom line, this financing should have been carried out in Haicheng, the reason why it was ordered in Beijing, because Tang Feng has long positioned YY as an international company, especially the establishment of the Beijing branch.

Mr. Smith is a businessman, but also a qualified businessman, and the price he gives is the same as the price given by SoftBank, both are $100 million, the only difference is that he is more far-sighted and agrees to a 10% stake acquisition.

Tang Feng was not very satisfied with the final result, and finally shook his head helplessly, " Mr. Smith, I appreciate your personality and rigorous attitude, I still have some views on your company's valuation of 100 million US dollars, maybe you only see the current YY, but you don't know his potential at all, China has a population of 1.3 billion, the Internet has just started in China, now the number of users is less than 10 of the population, the market potential is very large, 5 years will exceed the current United States, 10 years later, will be able to have a computer in every house, think about how far YY will develop by then?"

"Mr. Tang, for what you said, this is only the future, none of us can see what the future will look like, the Internet is just a new type of industry, the bubble in 2000, who could have predicted? We are businessmen, we only pursue profits, we can't make accurate comments on the future at all. ”

The 2000 dot-com bubble was a disaster for many venture capital firms, and now it has just subsided, Smith both affirmed Tang Feng's statement and expressed his concerns, and the two sides negotiated until more than 6 o'clock, but no consensus was reached.

"Mr. Smith, I will report to the headquarters on the conditions you give, and I also hope that your DFJ team will have a new evaluation of our YY, today it is not early, today I am on behalf of Yade Information Technology Co., Ltd. to welcome our distant friends to prepare a dinner. ”

Tang Feng felt that there was no need to drag it out, tomorrow Sequoia's people were coming, and he wanted to see the conditions given by Sequoia. Although the negotiation was unsuccessful, the two sides were still very happy, especially Smith was also very interested in Tang Feng's appetite, so he took the initiative to invite.

Smith did not refuse Tang Feng's invitation, he had studied China's national conditions before coming back, and said that he would talk about things at the wine table, although his Mandarin was not very good, at least general communication could still be done.

Yuelai Restaurant, in the bustling area of the capital, can only be regarded as ordinary, a 4-star restaurant, for their own guests neither seems to be rude, as a companion in addition to Tang Feng, Chen Yuhua in addition to Yang Chunxiu and Kang Lifeng.

Although Tang Feng didn't like this person very much, his face on the surface was still passable, at least he wouldn't be stingy enough to trouble him at this time.

During the banquet, "Mr. Smith, what do you think of Huaxia?" Tang Feng raised his wine glass and collided with Smith.

"Mr. Tang, Huaxia has developed rapidly in recent years, and has great potential, this time we came to Huaxia in addition to talking about cooperation, but also preparing to establish DFJ Huaxia, which will be left by Liang Shaoqiu to preside over the work. "Smith's alcohol consumption is very good, he has drunk half a catty since the banquet started, and he can't see anything like it at all, on the contrary, Tang Feng is a little dizzy.

Tang Feng shook his head, "Mr. Smith, you are welcome to invest in Huaxia, but I don't know what you want to invest in?"

Tang Feng was just tentative about this question, and through inquiry, he learned that the Internet tide rose 2000 years ago, and a large number of international VCs came to China like a market. After 2000, many of these VCs disappeared like bubbles. D****r Fisher Jurvetson (DFJ) became a minority group that stayed and continued to stick to the Chinese market.

The bursting of the Internet bubble in 2000 objectively made VCs, including DFJ, become cautious, but it failed to stop DFJ from exploring China.

In April and May 2000, John H. N. Fisher, the "F" in DFJ, learned through Scott Alchek that there was a start-up called "Baidu" in Huaxia, which was still in the midst of the Internet boom, and quickly became interested in this company focused on search technology.

Baidu's adjustment of the management team during the listing process can better reflect the capital face of DFJ ePlanet Ventures. Tang Feng only then knew that the consortium behind Baidu was Defengjie, and he had never paid attention to these in his previous life, and it was precisely because of this financing that he really understood Defengjie, not to mention that he was also one of Baidu's shareholders.

Since Baidu acquired Tieba, there was no disappointment, and with the assistance of Tieba, Baidu's search engine almost dominated Huaxia for a time, surpassing Yahoo and Google combined, and it was one step closer to becoming a giant in the future.

"Mr. Tang, with all due respect, I can't answer your question. Smith was very straightforward, and Tang Feng instantly understood, these are all trade secrets, and it seems that he is really a rookie.

Tang Feng's eating karma, but Chen Yuhua secretly laughed, she didn't expect that Tang Feng also had a karma when he could ask such a rookie question.

"Mr. Smith, forgive me for talking too much, and I am willing to be punished. Tang Feng said and took a big sip of the wine glass, Chen Yuhua frowned as he looked at it, and once again recalled the scene when he drank too much in his small shop.

"Mr. Tang, I am willing to teach you this friend. Smith said "Goo-dong" and took a big sip.

"Okay, since Mr. Smith is willing to make me a friend, then we are friends, since we are friends, I know more about the national conditions of China than you do, if you want to invest in China, I have some suggestions, I don't know if you are interested in entertainment?"

Tang Feng's words made Smith stunned at the time, "Entertainment?" Tang Feng nodded, "Yes, it is entertainment, the system of Huaxia has represented the national conditions of Huaxia, and it will really take off in the next few years. ”

Tang Feng's words made Smith completely fall into deep thought, maybe these words would change the history of DFJ, and after about 5 minutes, he looked at Liang Shaoqiu.

Liang Shaoqiu doesn't know much about the entertainment industry, Defengjie has always had a soft spot for the Internet industry in the past, and has never considered developing in the entertainment industry, but now when he hears Tang Feng's statement, he also lights up a light in his heart.

"Mr. Smith, I have never been in contact with the entertainment industry, and if I follow Mr. Tang's statement, I believe there must be a lot of potential. Liang Shaoqiu nodded affirmatively.