Chapter 133: Tencent

On September 5, Fang Yi returned to Guangzhou alone, and Zhou Xin was left behind to prepare to purchase gifts for him.

At the Hilton Hotel in Guangzhou, Fang Yi met Peter and his team who came from Yanjing, and in the hotel's western restaurant, Fang Yi hosted a banquet for them, Peter held up champagne and said, "First of all, thank my team, we have completed Baidu's investment project together, secondly, thank our boss Fang for the grand banquet, and finally thank us for our own efforts to invest in the team of the century."

Fang Yi took the lead in applauding and said, "Peter is so polite, I should thank some members of our team, you have come to China from far away Europe, working hard for our common things, some time ago you used your own efforts to prove your worth, you are the best" Then Fang Yi raised his glass and toasted to everyone, and then continued, "Tomorrow we will embark on a journey again to meet greater challenges"

After the meal, in Peter's suite, Fang Yi drank the tea poured by Zheng Rongjun, raised his thumb and said, "Peter, your trip to Yanjing this time is very beautiful, not only completed our first round of investment in Baidu, but also finalized the next second round of investment, which is great."

Peter said, "Boss, are you really so optimistic about Baidu?"

Fang Yi nodded and said, "Peter, this is the second time you have asked me about my confidence in Baidu, I am very confident in him, in a few years you will see that his high growth rate, their Baidu search engine development has been completed, right?"

Peter nodded and said, "Yes, when we left, they had already completed all the development of the search engine, but the first round of our investment was also exhausted, and now they are waiting for the second round of funds we signed up."

Fang Yi calculated the recent funding situation in his heart and said, "When will the second round of 8,000 million funds need to arrive at the latest?"

"20 million needs to arrive before September 12, and the remaining 60 million needs to arrive before October 12," said Peter, handing a contract to Fang Yi.

Fang Yi looked at the investment contract and said, "This time you can talk about Baidu's valuation of 320 million yuan, which is also a very good result, in this way, we will own 33.5% of Baidu's shares, and we can send two representatives to their board of directors, you can do these things, but in terms of operation and management, we should try to give the founder the greatest respect and autonomy, and don't do things that dominate the people."

Peter smiled and nodded, "Boss, what's the second project you're looking for for us?

For the team led by Peter, Fang Yi is very appreciative, in terms of personal ability, they are not the top people on Wall Street, but they are experienced, and the team formed by bringing them together has strong combat effectiveness, Fang Yi said, "In Shenzhen, not far from Guangzhou, Rongjun, you come to tell Peter about your contact with the other party during this time."

At this time, the Tencent pony boss had just finished the negotiations with Guangdong Telecom, offering 1 million, and the other party only promised to give 600,000, and at the same time, IDG's financing negotiations with Hong Kong Pacific Century Digital also ended in failure.

Peter listened to Zheng Rongjun's introduction and said, "Boss, we will rush to Shenzhen tomorrow, they are very tight now, I think I can negotiate a very good share for you"

Fang Yi shook his head and said, "Peter, I am very happy that you have this idea, because you are thinking about the company, the same is the attitude we have just now corresponding to Baidu, we must give enough respect to entrepreneurs, and at the same time we can not transform entrepreneurs into workers, if they need funds, we Century Investment can invest in them, for those companies with potential, if we have too many shares for their investment, then we can try to keep a certain number of shares, we can finance the enterprise, instead of investing." In this way, entrepreneurs will continue to maintain their entrepreneurial enthusiasm and move forward along the established path, otherwise we will eventually find a few high-priced workers, and I think it is meaningless to be such an investor."

Peter nodded, and also agreed with Fang Yi's statement, because the company is Fang Yi's, the boss's culture is the culture of the enterprise, and the height of the boss determines the height of the enterprise. But he still asked suspiciously, "Boss, then don't say too much, how much is it, I need you to give me a standard, otherwise I can't carry out the next work"

Fang Yi thought for a while and said, "35%, I think the most of this share is better, if there are other investment banks, investors follow up to occupy the other majority of the shares, we need to completely stand on the side of the entrepreneur, so that the entrepreneur has enough weight to dominate the company's operation and management."

The next day, Peter took his team to Shenzhen, met with the boss of Xiaoma and his team, because of Zheng Rongjun's communication with him in the early stage, Peter and his team quickly carried out work, in view of Tencent's current financial situation, it only took three days, Peter and his team made a market valuation of 50 million yuan for Tencent.

Boss Pony didn't expect Century Investment to give such a high valuation, but they couldn't sell it after looking for many places, and said, "Mr. Peter, you didn't make a mistake in this valuation, right?"

Peter turned his head to look at Boss Pony and said, "Mr. Ma, please don't doubt our professional ability, this valuation of 50 million is only derived from our boss's unique recognition of you."

Boss Pony said, "Do I know your boss?"

Peter smiled and said, "I don't know about this, but I think my boss knows you well, Little C, you know, right?"

Boss Pony said in surprise, "Of course I know Little C, I can make a product that has not yet been listed, just with a press conference, 100,000 units were sold in a burst of publicity, it turns out that your Hong Kong Century and Chengdu Century are one."

Peter smiled and said, "It's also to blame that we didn't make it clear to you, although our office is located in Hong Kong, this is mainly because our boss understands the living habits of us foreigners, as well as Hong Kong's financial status in the world, and set up an office specifically for us, in fact, our Century Investment Company is registered in Chengdu, and our Century Investment and Century Technology are the same boss's industry."

Boss Pony said with such an expression, "If I have the chance, I must get to know your boss, I am very curious about what kind of character he is."

Peter smiled and nodded, "Of course, you will definitely meet him, you will be surprised to see him, if it weren't for his little C to be listed globally soon, he would have come with us this time"

Boss Pony looked at Peter with some doubts, muttering in his heart, I don't know him, what's so surprising, Peter seemed to guess what Boss Pony was thinking in his heart and said, "Okay, okay, don't talk about it, if you have anything to say with him, let's talk slowly, his English is too bad, and your words will definitely be more than what I say, Mr. Ma, how much capital do you need to invest in Tencent now?"

Boss Pony didn't expect that the investment of Century Company would be this routine, not to say how much he wanted to invest and how much investment share, but to directly ask others how much money they wanted, is it difficult for me to say that I can give as much as I want?

Peter didn't answer directly, "When I came, our boss explained that he thinks most of your company, and the largest share of our investment in you is 35%, which is 17.5 million based on your valuation."

Boss Pony didn't expect the boss of Century Investment to be so generous, he looked back at his partner for a moment of eye contact, and then said, " Mr. Peter, we now have more than 5 million users, daily server maintenance is a huge expense, according to the recent plan, we need nearly 20 million yuan of funds to be able to build our game platform, although we dare not expect your century to invest so much money for us, but with 17.5 million, we save a little in all aspects, and there should be no problem in completing the platform construction"

Peter smiled and said, "Why can't I give you 20 million, it seems that our boss really knows you very well, although we can only invest 17.5 million of your funds, but the part of the funds that exceed the investment amount, our boss said, you can use financial institutions to borrow money to lend you, you only need to pay us the bank interest for the same period"

Boss Pony and his team members stood up all of a sudden, looking at Peter in disbelief, this century investment is a gold owner's father, Pony Boss really wants to hug Peter, the old man, for a few bites, and the pony boss who has eaten enough of the suffering of no money, sighed in his heart, and finally found a big tree to be byside.

Next, the Tencent team and the Century Investment team began to discuss the specific issues of investment, in the case of Peter for the first batch of investment, how to invest and other aspects of the green light, it only took one afternoon to reach the preliminary terms, on September 6, Century Investment will be transferred to the first investment of 5 million yuan, October 6 to invest 15 million, the specific legal documents to be discussed by the relevant lawyers, and then signed.

At this point, the shackles of funds that have been pressed on the boss and his team for two and a half years have been successfully untied, and Tencent, a big bull with 5 million customers, will set off a huge storm like a trapped dragon in the sea.