After a short break, Lin Feng still put himself into work. Pen Fun Pavilion wWw. ｂiquge。 ｉｎfo

The first important thing was to meet with the general manager of the company's new investment and M&A department.

From the process of acquiring Haofang, Lin Feng found the weaknesses of Fengxing in investment and mergers and acquisitions.

In the past, Zhang Zhijiao was the most popular business negotiation of all sizes, but now Zhang Zhijiao, as the COO of the company, is also in charge of the two major departments of the most important game business group and the website media business group, and he has no energy to do acquisitions.

Moreover, the complexity of acquiring a company is completely different from that of previous small cases such as acquiring copyrights.

Legal, financial, due diligence, valuation, and negotiation require a very professional team to do all aspects of evaluation and practical operation.

Think about the previous life, whether it is Ali or Tencent, it costs tens of billions or even hundreds of billions of dollars every year for acquisition and investment, and finally forms the "Ali system" and "penguin system" covering all aspects of the entire Internet industry.

Under the frequent capital operation and satellite ecological layout, it continues to expand and expand again. From the traditional Internet to the emerging "Internet +", from search, e-commerce, social networking, to finance, logistics, health, manufacturing, culture...... It's getting bigger and bigger, and it's getting more and more intricate.

Behind this large network of capital, which covers countless fields of the Internet and mobile Internet, there is a secret battle between giants.

Of course, at this time, it is still the stage of BAT hard work and internal growth.

In the market, what can be bought, bought, bought, and snatched the acquisition target is Shanda, which is about to go public.

Lin Feng has his own systematic acquisition strategy, and he also knows Shanda's hole cards and goals, so he doesn't have to worry about Shanda for the time being.

In any large company, the person in charge of investment and M&A is the trusted confidant of the boss and is also an extremely professional elite.

When Lin Feng held a video conference in Shanghai, he proposed to upgrade the investment and M&A department that originally belonged to the enterprise development business group, which was aware of this.

After being recommended by headhunters, Li Dong personally interviewed and screened out several candidates, and after sending the resume to Lin Feng, Lin Feng saw the resumes and names of several people, and did not hesitate to hand-pick one of them.

Zhao Yihua, graduated from the Wharton School of Business, worked in the Shanghai Stock Exchange, and later joined the largest domestic venture capital institution in China Shenzhen Capital as an investment manager, with rich experience in pre-investment and post-investment management, and now Samsung Group as an investment manager, responsible for domestic investment business, the most important thing is that Lin Feng had heard his name in his previous life.

He was the first general manager of Tencent's investment and M&A department, and single-handedly established Tencent's investment and M&A system.

This guy is definitely a big bull.

As an M9-level employee (Fengxing's internal rank system, equivalent to the general manager and vice president of the business group), he was the first person Lin Feng directly agreed without an interview.

…………

"Yihua, come, sit, drink tea. Zhao Yihua came to Lin Feng's office.

Located on the 36th floor, the chairman's office, which is independent of the company's office area, is nicknamed the "wolf's den" by popular employees.

Almost all the important decisions of Fengxing Company, the core executives are produced in Lin Feng's office.

"Thank you, Mr. Lin. Zhao Yihua sat on the chair opposite Lin Feng, and respectfully took the tea cup handed over by Lin Feng across the tea case.

For Lin Feng, Zhao Yihua has also been well-known for a long time, he agreed to the invitation of headhunters, met with Li Dong and agreed to join Fengxing, there is also a big reason for the study of Lin Feng's experience, and he saw his keen vision and grand pattern in the Internet industry.

The first thing any investment manager needs to understand is the boss's strategy.

All acquisitions and investments are made in the service of the ultimate strategic goal.

So what he longed to meet was a boss like Lin Feng, in fact, the other choice was Shanda's Chen Tianqiao, but after analyzing the senior management structure of the two companies, he found that the nature of Shanda's family business was too obvious, and it was much better.

"I'm sorry, I've been running around all this time, and I haven't welcomed you to the company!

"Mr. Lin, you are too polite, Joe and Mr. Zhang are very good, and they have already talked to me about the next work. At present, the company's two most important acquisition cases, is Hao Fang and the starting point, I have begun to set up a project team, and I just want to find an opportunity to report to you. ”

Lin Feng nodded approvingly: "Very good, your movements are fast, so let's hear about it?"

"A completed acquisition needs to include research and preparation in the early stage of the merger and acquisition, negotiation and signing in the process of the merger and acquisition, and the integration of finance, human resources, business, assets, corporate culture and other aspects after the merger and acquisition. ”

"In the early stage of M&A, we need to set up an acquisition team that includes external lawyers, accountants, investment banks and internal personnel from relevant departments involved in the M&A company's business. Conduct detailed due diligence on the external legal environment, the property rights and organizational structure of the target company, the important legal documents and contracts of the target company, the assets, human resources, potential debts and other aspects of the target company, and then form an M&A plan. ”

"The M&A plan mainly includes: accurately assessing the value of the target company, determining the appropriate M&A model and M&A transaction method, selecting the optimal M&A financial method, and planning the M&A agenda. ”

"Specific to the case of Hao Fang, I have been with the company perennial cooperation with JunHe Law Firm, Deloitte Touche Tohmatsu have communicated, the financial adviser chose the domestic mergers and acquisitions of a relatively good new investment bank Yikai capital, internal personnel including investment and mergers and acquisitions personnel, game business group and software business group related personnel, because Hao Fang also has CGA website, website media business group also sent personnel to join the team. ”

Lin Feng nodded frequently when he listened, and asked curiously: "Who are these departments sending?" Most of the company's middle-level and above personnel are familiar to him.

"In addition to me, the investment and M&A department also has Zhang Ying, the investment manager, Mr. Yao of the game business group participated in Shanghai, and the headquarters sent Xu Chenglong, a member of the strategy committee of the business group; for example, Li Jun is in the software business group, and Zhang Zhao is in the website media business group. ”

Lin Feng nodded and smiled: "It's really all elite soldiers and strong generals in various departments, okay, I'll rest assured!"

After thinking about it, he said to Zhao Yihua: "Yihua, I respect the opinions of professionals very much, but at the same time, I hope that you will stand at the strategic level of the company to consider comprehensively, that is to say, we do due diligence in order to finally succeed in the acquisition, so we should pay more attention to listen to the opinions and requirements of the other party in the communication, the price can be appropriately relaxed, I want a team that will not be affected by morale and personnel after the acquisition, and can fight immediately." ”

"In addition, the risk aspect should also be paid attention to, and don't leave the tail. ”

"Yihua, you just arrived at the company, you took over this important project, I have confidence in you, I hope you can successfully win Haofang, for the company's next development to win a piece of treasure land. In the future, the team you lead will provide more new engines and elements for the company's continuous growth, find suitable targets, complete acquisitions, integrations, and continue to snowball in the process...... That's why I'm upgrading the M&A department to a first-tier department of the company. ”

Zhao Yihua showed an excited expression on his face: "Don't worry, Mr. Lin, I will do my best to do a good job!"

That's it, he likes such a boss with great courage and big vision!

Lin Feng smiled and nodded: "Then it's hard for you, take the team to Shanghai as soon as possible, and contact Haofang, I hope to hear the good news of Haofang's successful acquisition before March!"

"Yes, Mr. Lin. ”