Chapter 164: Wang Juntao of 8848
When Lin Feng arrived at IDG China's Beijing headquarters, Xiong Xiaoge, the current president of China and known as "the first person to introduce venture funds in China's high-tech industry", was already waiting for Lin Feng in the office.
"Lin Dong, you're so young!" Anyone who meets Lin Feng for the first time is always the first thing he says.
"You're welcome, Mr. Xiong, I'm really sorry for your wait." Lin Feng smiled apologetically, and after a polite remark, he went straight to the point.
"Mr. Xiong, you should already know my intentions, I don't know what you think?" Lin Feng's offer is $3 million, but the floor limit is to buy a 5% stake in IDG's Baidu for about $4 million, of course, only 4% is left now.
Xiong Xiaoge was silent, silently watching Lin Feng. It is his habit to judge the purpose and intent of a person from their expressions, eyes, and subtle movements.
Although Lin Feng felt a little weird being looked at by a man like Xiong Xiaoge, he didn't care, and he didn't say much, he sat there comfortably, drinking coffee, and waiting for Xiong Xiaoge's reply.
After a long time, Xiong Xiaoge really couldn't get any usable information from Lin Feng, and his fingers tapped lightly on the table.
"Lin Dong, forgive me for taking the liberty of asking, why do you want Baidu's shares? Our IDG has invested in companies in China, such as Sohu, eBay, Tencent, etc., more than 60 websites or high-tech jishu industries, why are you so interested in our Baidu alone? Xiong Xiaoge was very interested in this topic.
"Hehe, trade secrets, forgive me for being difficult to answer." For Robin Li, Lin Feng can answer, but for a venture capital fund like IDG, Lin Feng doesn't need to answer at all.
Xiong Xiaoge touched a soft nail, but he was not discouraged, he thought about it and asked, "Lin Dong, you have the most haode online game company in China today, the second shijie, and the online trading platform 'Dingdang', as well as 10% of the shares of Tencent.com, and now you want Baidu's shares, what is your purpose?" Do you want to see the hunt, or do you want to dominate the domestic Internet? Or, just for fun? ”
Lin Feng smiled silently.
Xiong Xiaoge didn't expect Lin Feng to answer, just knocked on the side, anyway, a few words didn't take much effort, if it could be exchanged for usable information or intelligence, it would be worth it. It's a pity that Lin Feng's maturity in business far exceeds his age, and it also exceeds Xiong Xiaoge's speculation. Generally speaking, at the age of 21, you can obtain Lin Feng's current achievements and status, and it stands to reason that he should be flamboyant, arrogant, high-spirited, and unpopular. It's a pity that in Xiong Xiaoge's eyes, Lin Feng is like a cunning, sophisticated, and calm little fox.
If he can't see through Lin Feng, he can't blame Xiong Xiaoge, after all, he doesn't know that Lin Feng is a reborn person.
Xiong Xiaoge did not give up, and continued to knock on the side, he sat in this position in order to bring the greatest profit to the company, open his mouth, even if there is no gain, it is better than doing nothing.
An hour passed, Xiong Xiaoge saw that he really couldn't dig out any information from Lin Feng, but instead he had the mentality of "reluctant to let the child can't trap the wolf", and the little news he confided gave Lin Feng a lot of confidential information, which made Xiong Xiaoge quite angry in his heart.
After ordering someone to bring the third cup of coffee, Xiong Xiaoge no longer delayed time.
"Lin Dong, $6 million, this 5% stake is yours." Xiong Xiaoge no longer hesitated, and the threefold profit value was enough to hand over a perfect data to the company.
Lin Feng shook his head.
"Hehe, Mr. Xiong, you are too powerful, you invested 1.5 million last year, and in less than a year, you earned 3 times, and this money is too easy to make." Lin Feng shook his head with a smile, and secretly said vampire in his heart.
"But Lin Dong, don't you need these 5% shares!" Although Xiong Xiaoge does not have any other sources for the time being, he feels that Lin Feng needs the 5% stake very much.
"Yes, I need to, but it is at a reasonable price, after all, I am not a fool, but a businessman. Don't forget, the bubble of dot-com stocks has burst during the Nasdaq crash. Lin Feng said.
"Yes, but we are also businessmen, although the Internet bubble has burst, but Lin Dong don't forget, Google, which is the same nature as Baidu, is still strong, and the future prospects are limitless." Xiong Xiaoge is also-for-tat.
"Hehe, it's a pity that Google has grown, but Baidu is still fragile like a baby, and Yahoo is looking at the Chinese mainland market, and the future prospects are unpredictable." Lin Feng saw that Xiong Xiaoge wanted to open his mouth, so he sealed Xiong Xiaoge's mouth in advance, "Mr. Xiong, don't forget the 8848 website, your company's profit value is low." ”
Damn it! Xiong Xiaoge scolded secretly in his heart. The so-called saying is too wrong, just this hour, in order to find out Lin Feng's purpose and bottom limit, he didn't say much, but he leaked out the dilemma of the 8848 website for a while, but he didn't expect to be caught by Lin Feng now, but he beat himself up.
However, Xiong Xiaoge's face did not change, and he did not let go of the price of $6 million.
"$4.3 million, I think this price should be enough to satisfy Mr. Xiong, if it is more, I don't want it. I'm different from you venture capitalists, you're here to make money, I'm here for what it does. Lin Feng knew that Xiong Xiaoge wanted to squeeze a little more of Baidu's profits, so he gave enough chips to make Xiong Xiaoge tempted.
$4.3 million! Earn nearly 2 times the profit in a year, this price is enough to make people excited. As Lin Feng said, IDG is different from some other large conglomerates, they only invest to obtain profit returns, and do not have any ideas about holdings, which is why IDG mostly invests in small amounts and diversifies investments.
After weighing it repeatedly, Xiong Xiaoge agreed to Lin Feng's offer and signed an equity transfer agreement with Lin Feng on the spot. As long as Lin Feng transfers the money into the IDG bank account within 15 days, the 5% Baidu shares belong to Lin Feng.
"Happy working together!" The two sides shook hands amicably, and this time each took what he wanted.
Lin Feng took the equity transfer agreement and left with a smile.
However, not long after Lin Feng went out, Xiong Xiaoge received a fax from Baidu about the increase in shareholdings, and when he saw the content of the fax, Xiong Xiaoge's face changed, and after thinking about it, he showed a deep smile and picked up the phone.
Lin Feng was just about to leave the IDG gate when he collided with a person head-on.
"I'm sorry, I'm sorry, I was thinking about things for a while, I didn't look at the road, and I bumped into you." The person who came was a man in his thirties who wore eyes and was embarrassed.
Lin Feng shook his head helplessly and picked up the documents on the ground.
"Hey, you are Lin Dong of the 'second shijie'." The visitor was suddenly surprised.
"You are?" Lin Feng looked at it carefully, this person never knew him.
"Hehe, I am Wang Juntao, chairman of Times Everest Technology Development Co., Ltd." The person who came stretched out his hand and smiled, but seeing Lin Feng's dazed face, he had to explain awkwardly, "It's today's my8848, the previous 8848." ”
"Ahh Are you Wang Juntao, the founder of 8848 website? Lin Feng was slightly startled.
8848 website is the flagship of China's e-commerce enterprises, and has been featured in Time magazine in the United States, and has also been listed in the top ten websites in China by Forbes magazine. However, it is a pity that, as I heard from Xiong Xiaoge's leaky words just now, after the bursting of the bubble of online stocks on the 8848 website, its investors continued to play the trick of "one in and one out" in order to cash out, which not only confused the equity structure of the entire company, but also directly destroyed the confidence and fighting spirit of the company's backbone and Wang Juntao, the founders.
Today's 8848, in addition to fame, is already an empty shell.
However, the reason why Lin Feng remembers 8848 is because of the big test of "Digital Survival" that caused a sensation across the country, in a closed space, with only one computer and one network cable, how to spend a week. Leaving aside whether this is hype or not, online shopping has gradually entered the attention of people since then.
"Hello, Wang Dong, I'm glad to meet you." Lin Feng hurriedly shook hands.
"Fortunately. Lin Dong, this is my business card, now I have something to do, go first, and invite you to tea when I have time! After the two exchanged business cards, Wang Juntao left in a hurry and urgently.
Looking at its back and whereabouts, Lin Feng estimated that he was going to discuss financing with IDG again. IDG used to be the largest shareholder of 8848, but when the Internet bubble burst, in order to protect its own interests, it transferred its equity, which also kicked off the countdown to the sinking of 8848. However, I don't know if my8848, which has been remodeled, can get IDG's favor again.
Shaking his head, throwing away these thoughts that had nothing to do with himself, Lin Feng went out.
At this moment, the phone rang.