Chapter 393: The Jealous Pony
This time, Li Xiaojun, one of the partners of IGD Asia, was in charge of the negotiations.
IGD's chairman is a foreigner, Jiang Gewen, Asia's president is Xiong Xiaoge, and Li Xiaojun is also a director.
In addition, there is also a well-known doctor of optical fiber - Zhou Quan.
After the establishment of Asia IGD in 1992, it has been six years to this year, as far as Li Feiteng knows, IDG has financed, controlled, and acquired more than 20 companies, involving a wide range of fields, in IT, there are NetEase, Soarc, Sitong Lifang, Guozhong.com, and now Tengxun.
IGD has tried to finance Li Feiteng's five companies, Qingmu, Longteng, Yunteng, Feiteng, and Tengda, but all of them have been rejected.
Although IGD is a long-term investment, it is already well-known in meddling in the management rights, such as Ma Huateng, Zhang Zhidong, Wang Zhidong, Zhang Chaoyang, Zhou Hongwei and other entrepreneurs have suffered losses in their previous lives, Li Feiteng will naturally not be fooled again, he would rather want the island country's SoftBank than IGD.
Seeing Li Xiaojun, he was a thin young man with glasses, who looked to be in his thirties, he held Li Feiteng's hand affectionately and said, "Mr. Li, I have wanted to see you for a long time, this time Mr. Xiong was originally coming, and I also robbed him." ”
"Hehe, it's an honor, it's an honor. Li Feiteng sneered, he turned his mouth and went straight to the point and said: "I think your IGD's withdrawal from Tengxun means that you are not optimistic about this company, and I just want to occupy the market as much as possible and stabilize the position of TM boss." Let's be honest. I wouldn't offer too high a price. ”
Li Xiaojun didn't expect him to start talking about business so soon. Some were caught off guard.
IGD has reduced the registered capital of Tengxun, the current registered capital is 3.4 million US dollars, IGD still owns 88% of the shares, in fact, Tengxun has always been IGD, but Ma Huateng is the founder and CEO.
Li Feiteng can ask for Teng Xun, but what is more important is Ma Huateng and his team, which has a total of 45 employees, but Zhang Zhidong has to go. It must take away more than half of the elite.
"Then how much price is Mr. Li ready to offer?" Li Xiaojun couldn't help but say that the actual reason why he came here was that Xiong Xiaoge was also looking for a home for Teng Xun, and in the exchange with Soarc and Sitong Lifang Group, but neither of them was interested at all, because IGD wanted to sell it for $4 million, which was $600,000 higher than the actual price.
This is the case with venture capital firms, even if the investment fails, they must try to earn a hard money, otherwise if they just protect the capital, the investment work will be in vain. It's equivalent to losing money.
"I think IGD should have been in a hurry to sell Tengxun a long time ago, you still talk about your price. See if you can scare me. Li Feiteng said lightly, he knows IGD well, there are not a few large IT companies in China, he himself accounts for five or six, and the rest can be counted clearly with his toes.
Li Xiaojun hurriedly smiled and said: "Mr. Li is really good at laughing, you invested 8.1 billion Hong Kong dollars in Hong Kong without blinking, and our price is very low, just 4 million US dollars." ”
"Just $4 million, you're not kidding me, are you?" Li Feiteng deliberately showed a surprised expression, but he was very calm in his heart, this price is not high, IGD did not have a lion to open his mouth, it seems that he really wants to make a move.
Li Xiaojun thought for a while, and he asked: "I also know that Mr. Li's entire net worth has been invested in the Xiangjiang stock market, if Longteng Company does not have too much capital, our IGD can use 88% of Tengxun shares to integrate into Longteng Company, accounting for only 6.5% of the shares." ”
6.5% of the shares?Li Feiteng's head was running quickly, and IGD actually valued Longteng at more than $60 million, which is really attractive.
He thinks about the future worth of $200 billion, IGD now uses the actual value of $3.33 million to get tens of billions of dollars worth of stocks, although this may be more than a decade later, but IGD has this vision.
Now for the sake of 3.33 million US dollars on the spur of the moment, the future will definitely regret it, Li Feiteng immediately dispelled this idea, although he is very short of money, Longteng Company does not have much capital, but 5 million US dollars can still be obtained, no matter how bad it is to let SoftBank inject a second capital, it is better than IGD to come in.
It is enough for Long Teng to have two real bosses, Li Feiteng is the big boss, and Son Masayoshi is the second boss, and if he wants an IGD, there may be some contradictions when the board of directors meets every year.
"Sorry, Longteng is no longer ready to accept any second VC financing. Li Feiteng pondered for a long time and said.
Li Xiaojun was very disappointed, he didn't expect Li Feiteng to be so stubborn, so he could only give up and said: "If that's the case, Teng Xun will have a minimum selling price of $3.8 million." ”
Ma Huateng saw that the two were chatting a little bit, and he interjected and said to Li Xiaojun: "A total of 12% of the shares of me and Zhang Zhidong have been transferred to Mr. Li Feiteng at a price of $41,000. ”
"This ......" After Li Xiaojun heard the news, his face was a little embarrassed, now Ma Huateng and Zhang Zhidong have completely withdrawn from Tengxun Company, Li Feiteng is obviously bound to acquire Tengxun, but he looks unwilling to pay a premium, which is really a headache.
He pondered for a long time, but could only stand up and sneer: "I'm sorry Mr. Li, I'll go out and make a call." ”
"Please. Li Feiteng stretched out his hand, he watched Li Xiaojun go out, turned his head and looked at Ma Huateng with praise eyes, and said, "Let's sign the contract in the afternoon, and they will talk nonsense." ”
Ma Huateng smiled and nodded. It turned out that he was lying, and the price of the shares was negotiated, but the contract had not yet been officially signed.
After the cooperation of the two, Li Xiaojun, who called back, finally said helplessly: "3.65 million US dollars, if Mr. Li doesn't want it, there are other companies willing to participate." ”
"OK, we worked together. Li Feiteng quickly stood up after hearing this, stretching out the hand of friendship, he didn't know whether Li Xiaojun was telling the truth or a lie, after all, he bought it at this price, and it was already very successful.
On the same day, IGD, Ma Huateng and Wang Zhidong sold their shares to Longteng for a total price of $369.1, and Fukagawa Tengxun disappeared from history on this day.
Subsequently, major media reported the news that Longteng completed the wholly-owned acquisition of Tengxun, and the news that Ma Huateng officially joined Longteng Buckle as vice president made many people not understand, especially after Li Feiteng's high salary of 50,000 US dollars was spread, it caused a riot in the Chinese IT industry.
"This Ma Huateng has caught up with the treatment of the CEO of a foreign-funded enterprise, and in just one year, the business has failed, why does Li Feiteng do something that does not conform to the norm?" Ma Huateng has made countless professional managers red-eyed, and they have made a cry in newspapers and TV stations in various ways, and they are very unbalanced in their hearts, trying to improve their treatment through public opinion.
Many foreign corporate headquarters have a particular headache, and they have a hunch that the annual meeting will evolve into a salary increase discussion. (To be continued......)