Chapter 234: The Alliance Under the City
All eyes were instantly focused on this shareholder.
Although this shareholder can be regarded as the most handsome person present, the reason for looking at him is definitely not because of lust.
He is a shareholder of 360, and Zhou Hongwei, the helmsman of 360, has not yet received news, how does he know that the other party intends to 'talk'?
He privately contacted Zelianke and Tencent?!
The shareholder shrugged his shoulders and looked relaxed, and said, "What's the problem? Everyone, I'm just a venture capital worker, I don't need to be responsible for someone's dream, the rise and fall of a certain industry, and my biggest professional ethics is to ensure that the capital of my institution preserves and appreciates." I think most of you here are like me. Now 360 is no longer a question of whether it can appreciate, at the very least, to preserve the value of our respective investments. ”
"Johnson, don't forget, who is the person who really has the decision-making power in 360!"
Zhou Hongwei's face sank slightly, and he said, "At the shareholders' meeting, I can listen to your opinions, but it doesn't mean that I have to accept your suggestions." There is no such thing as a 100% safe investment, and you should have known that a long time ago. ”
"Of course, I respect and acknowledge your decision-making power. ”
The shareholder representative named Johnson still shrugged: "As a community of interests in the same boat, I am only planning for the interests of our collective." Since Zelianke Tencent has put forward a proposal for contact, why should we refuse, after all, the current situation is too bad. ”
Regardless of whether this 'Johnson' eats inside and outside, and knows foreign countries, but his words are not wrong at all, the current situation is really too bad, as long as there is any possibility, 360 should seize it.
Other shareholders also have their own ideas. At present, 360 has not yet been listed, and their investment has not been recovered.
As Johnson said, what is the most important thing in investment? In fact, it is not about making money, but about the safety of funds, and this is what can be said about making money.
Several other shareholders withdrew their eyes and looked at Zhou Hongwei again.
"I don't think you want to, Mr. Zhou, because your stubbornness will make 360 completely die, right?" Johnson said.
Zhou Hongwei was silent for a moment.
He is not against the other party's contact, but at present, 360 is too passive, and the other party's request for 'contact' will definitely make 360 unable to bear the demand.
"Johnson, since you say so, you must have reached some intentions with the other party?" Zhou Hongwei showed a wry smile, "What do they want?"
"Mr. Zhou, you really misunderstood me. I'm just a matchmaker. As I said, I respect your decision-making power. Johnson smiled: "What you want and what you can give, you still need to discuss." ”
"Okay, I'll meet Zhao Zejun as soon as possible. ”
"Oh no, Mr. Zhou, you misunderstood again. Zhuang Sen said: "It is Zhao Zejun, Ma Huateng, Ma Yun, Li Yanhong, Lei Jun as the leader, this group of representatives of the main enterprises of the anti-360 alliance, jointly elected representatives to negotiate with you." ”
Zhou Hongwei's eyes lit up.
But that anger didn't come out after all.
Mount Tai is overwhelming, and no human power can compete, and any company, after suddenly losing more than 80% of the market users, will not have any good choice.
The same goes for 360.
On the third day of the end of the board of directors, that is, the weekend of the second week after the release of the 'joint declaration', a 'business meeting' between the senior management of anti-360 alliance enterprises and 360 senior management was held at the Shangri-La Hotel in Jianwu City.
This is Zhou Hongwei's second visit to Shangri-La Hotel in a short period of time.
The same place, even the same people, is a thing.
It's not exactly the same person, this time, Zhou Hongwei is facing Zhao Zejun and Ma Huateng, who represent all the major enterprises of the entire anti-360 alliance.
Before coming, Zhou Hongwei's think tank team planned a complete and thorough plan to ensure that the interests of 360 were maximized.
Or, to the maximum, to reduce the losses of 360.
But it didn't come in handy.
Zhou Hongwei really experienced what is called the 'alliance under the city'.
At the beginning of the meeting, after three greetings, without waiting for Zhou Hongwei to open his mouth to cut into a roundabout, Zhao Zejun and Ma Huateng glanced at each other, and directly set out a few conditions.
If the Anti-360 Alliance ceases incompatible 360 behavior, 360 must:
First, 360 publicly apologized, admitting that it had used improper means to slander QQ, WeChat and other products, and stopped all incompatible and hostile behaviors with WeChat, QQ, Kingsoft Poison and other products, and compensated the other party for losses.
As for the amount of compensation, the amount is small, and together, less than a million. It's just symbolic.
This sounds difficult to accept, and it is difficult to get over the face, but it is not unexpected, and it is expected by Zhou Hongwei.
Uncomfortable too. In the end, who is the first to do the crime, who is incompatible with whom, and who is morally corrupt...... These questions are meaningless, and it is a basic principle to judge right and wrong by success or failure, and to admit mistakes by losers.
Second, 360 immediately opened the last round of financing, Zelianke, Tencent, Baidu, Alibaba, Xiaomi Technology, Kingsoft, Jingdong and other 8 companies, injected 360.
Specifically, Zelianke and Tencent each have a controlling stake in 360, no less than 20%, Baidu Alibaba's holding, each not less than 10%, and the remaining 4 companies jointly holding no less than 10%.
The equity requirement is also expected, because this is the core interest of 360, and it is impossible for the other party not to make a request.
But Zhou Hongwei's face instantly sank: "This proportion is too high!"
According to this requirement, these seven companies will occupy at least 70% of the equity of Jinshan!
"Mr. Zhou, don't worry, listen to me......" Zhao Zejun didn't speak this time, it was Ma Huateng who spoke.
As the current winner, Tencent actually suffered heavy losses, and the biggest benefit was taken away by Zelianke.
In the end, this negotiation with 360 is the last and best opportunity for Tencent to recover some of its interests, which is one of the profit conditions given to Tencent in the cooperation agreement between Zhao Zejun and Ma Huateng.
Tencent has to take a bite out of 360.
Ma Huateng interrupted Zhou Hongwei's words and continued: "Our seven companies must not only have shares, but also have the corresponding decision-making power in the board of directors. Of course, this is just to prevent 360 from going back to the old ways one day. Under normal circumstances, we support your decision. ”
"This is impossible!" Zhou Hongwei almost slapped the table and stood up, and shouted in a gaffe: "You are not negotiating, you are blackmail!"
More than 70% equity, more than 70% decision-making power, 360, whose the hell is it?!
"Extortion...... Ma Huateng smiled coldly, and said negatively: "This seems to be the patent of 360, if it wasn't for the hegemony of 360, how could it have come to this point?"
Speaking of which, Ma Huateng is also annoyed by 360.
If you hadn't done all this, how would the situation have come to this point? Do you think I want to get to where I am today?
If it can be replaced, Ma Huateng would rather not have anything, restore the original state, and take Zhang Long and WeChat back to Tencent.
It's a pity that it's impossible to grab Zelianke's meat to the mouth, so you can only make up your mind on 360.
"Mr. Zhou. Zhao Zejun opened his mouth and said lightly: "The negotiation table is an extension of the battlefield, I hope you can figure out a fact, today we are sitting here, just to make a summary of the results of the previous battle, not to bargain." If you can't get it on the battlefield, do you still want to get it at the negotiating table?"
Zhou Hongwei's face was as black as the bottom of a pot.
"360 has lost 80% of the market and users, and at this time, we put forward 70% of the equity and decision-making requirements, so it seems very reasonable. You can refuse, then then, you can't even keep the remaining 30%. Ma Huaten said.
Zhou Hongwei knew that at this time, at the critical moment of 360's life and death, no matter how much he felt 'humiliated' and suffered great losses on the battlefield, he must also earn a point at the negotiation table.
"At this time, opening 360 financing cannot be explained to shareholders, and it is not in line with the laws of the industry. ”
Zhou Hongwei took a deep breath, shook his head and said: "According to the current situation of 360, the valuation will inevitably be greatly affected, and it will even be inferior to the previous round of financing." ”
After speaking, he sneered: "In the last round of financing, the valuation of the company has shrunk significantly, and at this time, your intervention is a robbery with open fire." Shareholders and relevant laws cannot be explained, and it will even lead to the inability of 360 to be listed at all. ”
Zhao Zejun looked at Ma Huateng, smiled, and said, "We have already considered this. Mr. Zhou, you can rest assured, in the next round of financing, we suggest that we value according to the development of the scale of 360 before the 3Q war, we dare not say that the premium, at least it is also a parity in 360, and it will definitely not let you and the shareholders before 360 suffer!"
After speaking, he looked at Ma Huateng, and Ma Huateng nodded.
Zhou Hongwei was stunned.
Based on the valuation of the company before the 3Q war?
Predictably, almost all of 360's shareholders are willing. Compared with the previous investment, it is likely to be wasted, and now the conditions given by the other party show that the investment of all shareholders can not only be recovered, but also make a big profit, and some shareholders will even take the opportunity to transfer 360 shares.
However, you must know that according to the valuation before the 3Q war, the market value of 360 is very high, and 70% of the equity is conservatively estimated to be about 5 billion.
Evenly shared, Zelianke and Tencent each have to come up with more than one billion real gold and platinum.
It's not that these two companies can't come up with this money, but taking out such a large sum of money at one time obviously has a lot of pressure on both companies, and their main business is not venture capital after all.
And it is currently the stage of 360 ups and downs, and whether this investment can recover its costs in the future is still two words.
As for several relatively small enterprises such as JD.com, they are in the stage of needing funds for development.
Needless to say, Jingdong is somewhat similar to the Zezi system, taking the industry + Internet, and is in a state of lack of money all year round; As for Jinshan, the top priority is to seize the blank market left by 360.
It is too stressful for these companies to come up with cash on a scale of 100 million at one time.
"By the way, I would like to add that the funds of the other four enterprises will be borne by Zelianke, and in exchange, Zelianke has their decision-making power. Zhao Zejun added lightly.
Zhou Hongwei was even more surprised, and looked at Zhao Zejun in disbelief.
In this way, Zelianke's family will have to bear 30% of the capital, almost 2000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
It's not that Zelianke can't take out this money, but with so much money at one time, Zelianke also has to smash the pot and sell iron, Zhao Zejun's next days are not enough? !
Zelianke, where did he get so much money? Could it be that he used Zeye as collateral?
Moreover, the other party made it clear that he wanted to completely dismantle the control of 360 and turn himself and the entrepreneurial team into a 'part-time team'. But after experiencing this turmoil, the rise of 360 has suffered a heavy setback, and the future development prospects are worrying.
"Mr. Zhao, in order to dismantle 360, would you rather stick money into it yourself?" Zhou Hongwei asked.
"Of course not. Zhao Zejun smiled, "Next, there is a third condition." ”
And also?!
Zhou Hongwei almost vomited out a mouthful of old blood, the previous two requirements, one made 360 lose face and reputation, and the other made 360 almost collapse, at least in a monitored state, and now the third one has come out!
Is there an end?!