Chapter 166: Ding Lei Asks for Advice [Seven Changes]
Ding Lei looked directly at Xiong Xiaoge, and his head was ready to say the price of NetEase.
Xiong Xiaoge had already valued NetEase before he came, and he said with a smile: "We raised $1 million, accounting for 50% of the shares, what does Mr. Ding think?"
Ding Lei's face changed slightly, but he knew that this was just Xiong Xiaoge's temptation, and he still needed to say something.
"Is Mr. Xiong's valuation of NetEase only $200? Yahoo's IPO share price is as high as $500 million, Microsoft recently announced a $400 million acquisition of Hotmail email service provider, we NetEase as China's first technology provider to develop a Chinese mailbox system, Mr. Xiong also underestimated NetEase, and underestimated me Ding Lei. ”
After Xiong Xiaoge heard Ding Lei's words, his old face was slightly red, and he was silent for a long time and said, "How much does Ding always think NetEase is worth?"
"$1 million, up to 10% of NetEase's shares. Ding Lei's indirect statement that NetEase is worth $10 million.
Xiong Xiaoge naturally couldn't accept this price, but he didn't know how much money Ding Lei needed, so he asked, "Then how much money do you need?"
"$3 million is enough at the moment!" Ding Lei laughed.
"$3 million, 40% of the shares. Xiong Xiaoge took a step back, he felt that this was already very good for NetEase.
"Mr. Xiong, my bottom line is 31%, if you can't make a decision, please go back and discuss with the headquarters first. Ding Lei stood up and smiled, he was driving away.
"Okay, then I'll come back the day after tomorrow. Xiong Xiaoge knew that he was in a bit of a hurry, and now Ding Lei had just earned his first pot of gold. Don't be in a hurry to need capital, wait for everyone to calm down for two days. I believe that a reasonable financing price can be reached.
Seeing Xiong Xiaoge away, Ding Lei hurriedly called Li Feiteng. He needs to ask Mr. Li.
Recently, Li Feiteng has no time to worry about the company's affairs, he is planning to arrange Gao Yuanyuan's immigration, as well as various things to have children in the future, he is like an ordinary young man who accompanies her to eat and go shopping every day, puts his girlfriend first, and puts his career down temporarily.
However, Li Feiteng knew that NetEase was actually invested by IDG Capital, and he was very surprised.
In the previous life, NetEase did not get venture capital so early, and Ding Lei began to pay attention to the portal in the second half of next year. After increasing the traffic, he earned advertising fees every month, and finally invested $5 million in the general manager of Baring Private Equity Asia, and then went public in Nardas.
It can be said that NetEase is the IT company with the least venture capital in China, and Ding Lei has a strong ability to make money, making software and games, until it went public after 2000, and after the stock rose sharply. He still controlled 58% of the absolute shares, so he became the richest man in the mainland that year.
These are all told by Ding Lei in his previous life, if Li Feiteng didn't want to make a smart phone, his Longteng would not accept venture capital. Because he is not short of millions of dollars, all he lacks is that he needs a foreign venture capital group to fuel the flames.
Because it is not so simple for Chinese Internet companies to want to go public in Nardas. Li Feiteng's background in China will hinder the pace of Longteng's listing.
In an old restaurant. Li Feiteng came to see Ding Lei alone, and the dishes were already ordered on the table. The two were not polite, Li Feiteng sat down, saw that there was liquor, and said with a smile: "Not bad, how much is IDG financing?"
"3 million, I quoted 31% of the shares, just wait for the next confrontation to see if the negotiation can be successful. Ding Lei said with a smile.
Li Feiteng nodded, this price is already very good for NetEase now, of course, the premise is that Ding Lei doesn't know that after NetEase went public for 7 years, the highest price per share is $90.
Recently, Li Feiteng is also thinking that he actually has the capital to set up a venture capital company, and unlike other venture capital companies, Li Feiteng is well aware of the changes in Internet finance, and he only needs to use capital to snowball in the stock market.
To put it in layman's terms, Li Feiteng is rich, he has become lazy, and he wants to make money by speculating in stocks, instead of being a down-to-earth dragon.
For example, investing in NetEase's stocks, as soon as NetEase went public in the second half of 2000, it encountered the bursting of the Internet bubble, and the stock price was only a few dollars.
At present, the stock prices of Microsoft, Apple, Yahoo and other companies are not very high, so it is also extremely profitable to start now, sell at the high before the bubble, buy at the dip, and hold it all the time.
This kind of thought is like a devil wrapped around Li Feiteng's head, if he studied finance, he would definitely do it, but the stock market is more unpredictable than the Internet, and he has always suppressed himself with reason to prevent him from indulging in the stock market.
Li Feiteng was very scared, he couldn't make Buffett, but became a street beggar.
Ding Lei was eating vegetables, he put down his chopsticks and asked, "You said that I have a VC in my interest, why don't you have a dragon yet?"
"Venture capital thinks I'm not short of money!" Li Feiteng waved his hand indifferently, Long Teng is not in a hurry for funds now, otherwise he would have taken the initiative to pull venture capital.
Li Feiteng's idea is to wait for the second half of next year to be completed, Longteng will set up a holding group, Qingmu Portal Network will be independent, Buckle Independent, Yunteng Games will be independent, and the group headquarters will control the absolute shares, dismantle the company, and accept venture capital financing and listing.
Qingmu portal must be listed before 2000, and the buckle and Yunteng games can only be listed in China.
For Li Feiteng's company, listing is equivalent to starting work on the money printing machine, and money will continue to pour into Li Feiteng's personal pocket.
It is not that the company needs funds for development, and in terms of development needs, Li Feiteng has his own advantages.
"Brother Li, do you think I can succeed this time?" Ding Lei threw out the worry in his heart, his psychological essence was not strong enough.
"If you want to talk about financing, it doesn't matter, or that sentence, when the financial crisis subsides, almost in the second half of next year to the year after next year, foreign venture capital will continue to pour into the country, Microsoft is not spending 400 million to acquire Hotmail email, just by virtue of this, you will not lack venture capital to come to the door, IDG is just earlier than others, you don't have to be in a hurry, even if it is not negotiated, we can still do big. ”
Li Feiteng's words reassured Ding Lei, he nodded heavily, and decided to stick to the bottom line of 31%.
"Do it well, I'll do my best to make games in the next two years, and I'll go to Xiamen City next year, and there will be fewer opportunities to meet in the future. ”
Ding Lei nodded, he knew that Li Feiteng spent a lot of money on Yunteng games, and he didn't know what kind of business purpose Li Feiteng was for, the domestic game market was too sluggish, did Yunteng want to go abroad directly? (To be continued......)