Chapter 177: High Fever in the Industry (I)

It's still good to be in my hometown, but no matter how good my hometown is, it's not a place to do business.

After spending the Chinese New Year in his hometown, Li Jiaming left a donation of 1 million yuan to Mr. Wang and Principal Chen for the expansion of libraries, student canteens, dormitories, and bathrooms in primary and secondary schools, and then returned to Beijing alone. As for the county, Li Jiaming could not trust the integrity of the principal Song, and he did not donate a dime to his alma mater for three and a half years. The teachers in the county also knew about this matter, and when Li Jiaming went to pay New Year's greetings with gifts, no one mentioned the matter, and even Teacher Wen and Teacher Lei kept silent, at most asking him to find a way to get more reference materials for super middle schools.

When I returned to the capital, I first went to the company's staff on duty to pay New Year's greetings, then went to the school to pay New Year's greetings to the teachers, and then asked a group of old guys to call them, and kept the news that the iPod was successfully developed by Hanhua Technology to ensure that the iPod appeared in front of the world with the American brand.

This is all to help the old brother, Li Jiaming, who is used to being generous, said happily: "There is no hope in the first half of the year, when I went to the hospital to pay New Year's greetings, Lord Xiao said that my thesis was taboo and had to be revised well, and then it was the American business, thesis defense, and graduation." When you graduate, I'll invite you to Las Vegas?

This is about the same, Lao Zhang took the hot milk handed over by Sun Weigang and put it in front of Li Jiaming, don't let this brother who has no alcohol drink 'live broadcast' again. Drinking, just have fun, fighting and forcing wine are all tasteless people.

"Jiaming, the company's stock price is too evil now. The company's performance obviously did not grow, but it stabilized the downward trend, and it actually broke through 14 billion, when do you think it will break?"

Who can guess this? Li Jiaming, who had just received the good news from Kyle, asked rhetorically: "Do you know how much he has carried up with Yahoo?"

"How much?"

"A broken company with a loss of more than 34 million yuan a year was actually shouted at a price of 2.1 billion! This world is so crazy that even if it collapses tomorrow, Lao Tzu will not feel strange. ”

Lao Zhang, who had been staring at this, was stunned, and said after a while: "No, yesterday's ABC news said that the final price of ITIES was 1.9 billion." ”

"Behind, I just received the wind, billion, yahoo is deciding whether to follow up. ”

Lose your marbles!

When the price remains the same, the number of components that can fit on an integrated circuit doubles approximately every 18-24 months, and the performance doubles. In other words, every dollar that can be bought for a computer will more than double every 18-24 months. The broken company that relies on providing free hosting services has been asked for 2.1 billion, what else is impossible?

The Internet in the United States has begun to have a high fever, and the same is true in China, with more than 40 web portals and more than 20 e-commerce websites, large and small, and 278 Internet companies crowded into the SOHU Building alone. In the past, yahoo (Huaguo) paid 5000 yuan to dig people in Lifang, which was an absolute high salary, just a year and a half later, the price code of those websites to sohu to dig people was at least 18000 per month, and even fresh graduates with no bullshit experience had a monthly salary of 5000.

Prosperity must decline!

"Winter is coming, and we have to prepare for the famine. ”

Li Jiaming's warning, Lao Zhang, who has been reminded many times, also thinks sohu's cash has to be kept in the account to survive the famine, and sogo search and sohu Tesco have to quickly agree to Goldman Sachs and Yahoo their financing, in case the bubble bursts, the valuation will not be so high.

As the domestic Internet hegemon, SOHU is no better than those small companies in Silicon Valley, and the regulations on investor protection, such as capital injection in batches and preferential liquidation, are not easy to use in front of people like Li Jiaming and Zhang Zhaoyang, and if you want to invest in them, follow their rules: keep the money, keep your mouth shut, and wait for the listing.

After everyone was full of wine and food, they went to Lao Zhang's high-end villa to drink tea and discuss the two stalls. Rao is Lao Zhang and Lao Gu's old scheming, and Li Jiaming was also taken aback by their black hearts.

600 million US dollars, in just a few months, they have transferred almost 200 million. If this is found out, several of them will have to go to prison!

"You come to investigate? Without domestic cooperation, the SEC (Securities and Exchange Commission) is a fart!"

Will the country cooperate?

If any official turns his elbow outward, the Ministry of Industry and Information Technology will first kill someone. Their subordinate enterprises do not have a small share of pork, and there is still a fee for laundering \/money, so if you want to legally transfer the assets of the joint venture, why don't you leave the money to buy the road?

In these years, support the bold and starve the timid, anyway, as long as you don't take risks. Li Jiaming didn't even ask about the procedure, and took the initiative to promise to let his remaining 200 million US dollars return to China to go through the accounts of Sohu Tesco and SOGO, and confirmed the evidence of strong funds.

"Hey, come on, the fake account has nothing to do with Lao Tzu!"

"Cut, who dares to talk more?"

The last loophole has also been filled, and this matter is done! The excited Lao Zhang took the initiative to take Li Jiaming's cigarettes to disperse, and he even smoked those who didn't smoke, and said excitedly: "Lao Gu's seven storage centers have been half built, and he has also joined the Industrial and Commercial Bank of China, the Agricultural Bank of China, and the Construction Bank to apply to the China Banking Regulatory Commission for the establishment of third-party payment tools. When the warehousing center is completed, it is estimated that the logistics side will slowly keep up, and he is ready to expand to the upper reaches of the Yangtze River. Jiaming, we still don't have enough funds, and we just contacted Yahoo and Goldman Sachs, and they are interested in venture capital.

You are more experienced in this area, which one do you think is better, and what kind of valuation is appropriate?"

Hehe, last time he got 10,000 US dollars, he defrauded Lenovo of 12 million on his backhand, and also officially established Li Jiaming's authority in this regard. Of course, Li Jiaming didn't expect Lao Gu to be so capable, he could build such a big stall in three or four months, and he could persuade the three major state-owned banks to build a third-party payment platform. This old boy didn't mess around in vain in Lenovo in the past few years, and it is estimated that he used asset transfer as a bargaining chip to get through the path of the Ministry of Industry and Information Technology. As long as the central ministries and commissions come forward to negotiate, there will always be unexpected results.

However, the major shareholders can only bully small shareholders, and cannot offend some other major shareholders who are also members of the board of directors, Li Jiaming thought about it and discussed: "Lao Zhang, Lao Gu, many things can't be hidden, so you can only shut up the insiders." ”

"Lenovo has no problem over there. ”

Lao Gu said that there is no problem, then there must be no problem, it is estimated that it is the piece of equipment procurement, Lenovo has eaten meat, so you have to let Yahoo also share a piece of meat. As long as the two major shareholders don't squeak, Chen Dong, who can't even enter the board of directors, is even less likely to be messy, and as for American shareholders and investment banks, they can't take care of it.

"Let yahoo in, we're going to make them drink soup when we eat meat. ”

"Hmm"

Lao Gu, who was drinking tea, took the phone on the coffee table, Li Jiaming turned it on to speakerphone, and several people hurriedly silenced it.

"Brother Zhiyuan, do you know sohu Tesco? Well, we have built seven warehousing centers, are talking with the three major state-owned banks about third-party payment, and have signed cooperation agreements with several logistics companies, but we are weak to expand to the upper reaches of the Yangtze River, is it interesting to join a share?"

"Is it interesting to lie to you? I borrowed 200 million yuan to Lao Gu in October, and you can check the accounts yourself. ”

"Don't come to this set, you can trust me, I can't trust you yahoo! When you took a stake in sohu, you said that you would only do search, and now you don't also cross the line? ”

Yang Zhiyuan on the other side of the phone knew very well what the other party was talking about, they had long been aware that there was a problem with SOHU's accounts, and several batches of investments were extremely unreasonable, and it was very likely that they were using the procedure to legally transfer SOHU's cash, but there was no evidence, and there could be no evidence, and it was decided by voting on the board of directors. Now Li Jiaming is taking the loan of 200 million yuan as a topic, which is to show that the remaining funds will not be moved, and he takes the initiative to give up investment opportunities to major shareholders, in exchange for their silence.

What should I do? If these things are left on hold in the United States, where the legal system is sound, the SEC will find out that the company is bankrupt and liquidated, and it will also send all the board members to prison, but it can be placed on the other side of the ocean, even if you can't find it.

After being silent for a while, Yang Zhiyuan, who was taking notes while talking on the phone, made a gesture to Tim, the CEO who had just arrived at the office, and changed Chinese to English: "Ming, this is an honest business society, how much do you want to value?"

This is really hard to estimate, Lao Gu stretched out a finger and signaled a billion dollars, but Li Jiaming opened his mouth. Now the whole industry is having a high fever, and if you don't kill people now, you won't have such a store in this village.

"It is expected to be a net loss in two years, and after two years it will break even, and after three years it will definitely be profitable. We are a partner who takes the initiative to negotiate financing with you, and it is not that we cannot find financing channels. Not to mention anything else, stock collateral alone can make Goldman Sachs and Citi pay green dollars.

The United States is the United States, China is the United States, and a rapidly developing economy will bring about rapid urbanization. There was no minimum wage and no comprehensive labor laws, and new farmers were forced to seek cheaper goods. E-commerce can remove the intermediate circulation link of goods, which is bound to bring price advantages!

No, if you like to evaluate, you can evaluate, anyway, our valuation is three billion. I, Lao Zhang, and Lao Gu are worth at least three billion yuan if it weren't for your face, I wouldn't talk to Yahoo.

Tim, are you around?

Tim, you heard me clearly! If you don't reply within 48 hours, we'll go to Goldman Sachs or Citi immediately!"

After speaking, Li Jiaming, who was used to being strong, hung up the phone, and several people gave him a thumbs up, only this guy can do such a black job.

On the other side of the ocean, the two looked at each other, and when they came to their senses, Tim was ecstatic.

"Jerry, we have to invest in SOHU Tesco! Believe me, if there is a second Amazon in Huaguo, Sohu Tesco and Ali are the most promising!"