Chapter 91: Willing to Take a Knife (II)

Friendship in the business field has always been unreliable, as long as there are enough interests, the boat of friendship will overturn.

This is not only very clear to Kyle, who is well versed in business rules, but also Li Jiaming. Therefore, Li Jiaming was not angry at all, and after seeing Robert, who took advantage of the fire to rob, he could still talk and laugh, as if someone else's proposal was to give him charcoal in the snow.

However, it is not rude to come and go. After everyone finished greetings, when drinking coffee, Li Jiaming said straightforwardly: "Robert, I cherish friendship very much, I have made an agreement with Ms. Agnese before, have you convinced her?"

The veteran Robert took a sip of the good Blue Mountain coffee and reminded, "Ming, that's the friendship between you and her, and it has nothing to do with the cooperation we are going to talk about. ”

This is impossible, and Li Jiaming does not believe that there is no Agnese in this financing case. Although Li Jiaming was not angry, he suddenly leaned back and said in a very stiff tone: "No, I can't sell E's shares twice, if you want to talk about it, you better reach a consensus with her." ”

Seeing Li Jiaming's stiff tone, the veteran Robert felt that he had a bottom in his heart, and hesitated: "Ming, have you thought about it?" Your company has given so many employees future shares, although the share is not large, but it gives everyone a hope.

E's investment is only about 200 million US dollars, and now it is valued at 2 billion, and a group of millionaires will be born. If you decline our request, your team will be dissatisfied. ”

There is no need to remind this, Li Jiaming also knows that not only those employees who have taken the futures shares want to introduce new shareholders, but perhaps Kyle and Wang Zhidong want to introduce strong new shareholders. It's not about trust, it's about how much your futures stock is worth. That's why Kyle has that wry smile when he's on the plane. He and Wang Zhidong can see how beautiful the future is, but they also want to put the fruits of struggle in their pockets, rather than being desperate like Li Jiaming.

But Li Jiaming said arbitrarily: "Robert, within four years, I will turn a small company with assets of less than $10 million into a department worth $2 billion." What do you think is the difference between me and God in their minds? As long as I don't make fatal mistakes, I am their God, so your concerns are non-existent. ”

Perhaps, Robert shrugged his shoulders to indicate that he did not disagree with this statement, but looked at Kyle. This guy has a 3% non-dilutable stake in Hanhua, and the introduction of new shareholders is beneficial to the whole company without harming his interests, and he can't object to it.

What kind of person Li Jiaming is, Kyle knows very well in his heart, and knows even more that this is the time to negotiate, even if he does not agree with the other party's strategy, he must cooperate with him.

"Robert, I support Ming's idea, our company is not short of cash flow. Oh, I forgot to tell you that Sohu Properties is about to list in Hong Kong, and Ming holds more than 30% of their shares. ”

This is a threat, if no agreement can be reached, the other party can promise to buy back shares from employees at a valuation of 2 billion. As long as the other party takes this step, the employees who hold the futures stock will settle down. In other words, it is impossible for the other party to consider giving Agnese shares priority after this financing case, and Robert, who had been mentally prepared, had to give up when he saw this.

"Ming, we value e at 2 billion, what do you think about it?"

If Kyle came to talk about this kind of work, it would definitely be a bargain, but Li Jiaming was used to cutting through the mess with a quick knife. Only by deterring the vultures can Kyle bargain with them.

"No, 4 billion is the bottom line, but we can give up 55% of the voting rights to ensure that e will be a real public company and not a subsidiary of HH. ”

E is indeed worth so much money in the long run, but Robert is in the financial business and has hole cards in his hand, how would he agree to this offer?

"It can't be!"

Li Jiaming looked at Robert with a look of contempt and mocked: "The Federal Reserve is about to cut interest rates again, and the anti-terrorist war is surprisingly smooth, do you think I don't know what you want to do?"

There are indeed a lot of free music in the hands of netizens, and there are also music format conversion software on the market, but so what? I heard that Intel is about to launch PentiumM, which means that the PC will usher in another upgrade, how much do you think those free music resources will be reduced?

Robert, the era of records is over, and the future is the era of digital music. ”

When it comes to transactions that cost hundreds of millions of dollars, Robert also tore off his gentleman's face and threatened: "es/Store itself does not produce music, it is just a sales channel." ”

Although the United States is a country governed by the rule of law, Li Jiaming never thinks that there will be fewer transactions under the table than in China, but he doesn't know where the other party has the confidence, although yle has been an executive at IBM, but it is far from the real high society, and he can only rely on himself to force the other party to show his cards.

"Good, this channel accounts for more than 80% of the genuine music sales market, and you will sloppily value it at 2 billion?"

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Needless to say, Li Jiaming interrupted very rudely: "Robert, let me remind you that in a sense, you, or your interests, must be realized through us. If we refuse to cooperate, you will get nothing. ”

"Ming, do you know what will happen if you reject us?"

Of course, we know that there will be a second e, or even several, on the market immediately, but so what? Monopoly means huge profits, and there is only one monopoly digital music sales company in a short period of time, and only by packaging this company can those vultures maximize their profits. As long as he agrees to e's benefit sharing, the major shareholders of those record companies will take the initiative to protect their interests, and Li Jiaming does not believe that these greedy vultures will give up an opportunity to make a windfall.

After a moment of silence, Robert saw that Li Jiaming had no intention of backing down, and said with a wry smile: "Ming, you are an irrational choice. ”

That's right, if you want to ask for someone, you have to put on an aggressive posture to scare whom? These white people are all virtuous, and they always have an inexplicable psychological advantage, and they think this is a hundred years ago?

"No, despite the influence of 911, e's sales have been growing. We're expecting sales to be over $1.5 billion by this time next year, and you're valuing a company with annual profits of more than $300 million at $2 billion, plus predictable inflation, which in itself is unfair. ”

Li Jiaming's words seem to be reasonable, but in fact, they also reveal a threat, according to the anti-monopoly law of the United States, the record company has given e authorization and sharing, and it will inevitably give the same treatment to other music websites. They can negotiate to delay the agreement with other websites until after the e-listing, but only if Li Jiaming must cooperate with them, otherwise the bureau will not be able to do it at all.

And Li Jiaming is not without concessions, music sales sites like e, even if their growth is not high, and the stock market is now sluggish, but it is not difficult to break through 20 times the profit in the market. If you continue to release good news, it can even reach more than 50 times, but the problem is that Li Jiaming's interests cannot be damaged. In the business field, there has always been a good thing for everyone to share, how can there be a good thing that cannot be profitable? Moreover, Li Jiaming thinks that his website is worth 4 billion, so he will not suffer such a dumb loss.

After thinking about it for a long time, Robert said in a deep voice: "Ming, what if we lobbied Congress to legislate to make the online copyright of musical works exclusive?"

Li Jiaming's heart trembled, and Kyle's face also changed color, this is a plan! If Congress can be legislated, then the future digital music sales market will be occupied by record companies, and all music websites will depend on their snorts.

"Robert, this is no joke, OK?"

"No, I'm not kidding you, our lobby is already lobbying in Washington. The current music websites have a record of infringement, which has caused huge losses to the major record companies, and you have protected the copyright from the beginning, and we may not be able to lobby successfully. ”

Kyle immediately reacted, those music sites are not very strong, and they can't compete with their own websites at all. If the legislation is successful, the record company will certainly be able to take the initiative, but its own company can also trample all its opponents under its feet, and the future will be a battle between its own company and the record company.

Li Jiaming also thought of this, and hurriedly said: "Robert, you can use unfair principles to force other music websites to compensate you." ”

"Yes, that's the real reason we value E at $2 billion. ”

! A 100-dollar business accounts for 90% of the shares, which is not as good as a 10,000-dollar business with 10%.

"I wish us a long way", Li Jiaming picked up the coffee on the table, signaled to the vulture Mr. on Wall Street, and then finished drinking and prepared to leave.

"Ming, can you start preparing?"

Li Jiaming is not optimistic about the short-term recovery of the stock market, but no matter whether the other party can succeed in lobbying, even if it is a good thing to drag those websites on the grounds of infringement, so he said very happily: "Find Kyle, he is the CEO."

"What about valuation?"

"I said he was the CEO."

Robert couldn't help but be angry, his hole cards were turned over, this bastard still didn't let go?