Chapter 205: Shocking the Audience [2/5 Update]
At ten o'clock in the morning, Masayoshi Son and his interpreter were greeted by Xiaoli from the airport to Qingmu Information Technology Company.
No one was waiting for him at the door, Xiaoli took him directly into a hospitality office, and then went to the president's office to inform Li Feiteng and a few people.
"Here we are, right? Li Feiteng saw Xiaoli, he put down the unfinished cigarette in his hand, strode to the office next to him, made a gesture to Miss Chang Zimei, the translator who had been waiting for a long time, walked out with her, and smiled at Hou Jianhua: "Go, accompany me to meet this God of Wealth!"
Hou Jianhua smiled and said, "Okay, I also want to meet this legendary godfather of the Internet." ”
In the humble hospitality office, Li met Mr. Masayoshi Son, a bald, five-foot-tall, unattractive Korean-American island native Masayoshi Son, who is known as the "godfather of the Internet" because of his large holdings in Internet companies, and a few years later, Son's SoftBank has controlled the market price of listed Internet companies by 8%.
Some people also call him Son crazy, because in Yahoo last year, he invested $100 million, and shortly after this month, Son sold 2% of Yahoo's stock for $410 million, making a net profit of $390 million.
Last year, Mr. Son bought a 30 percent stake in Yahoo for $100 million.
Even if Li Feiteng was a reborn, he had to admire the short man of this island country, a god of wealth who was richer than him.
However, if Son knows that Li Feiteng obtained windfall funds in Soros's sniping of Korean won, and actually accepted venture capital, then Son will definitely leave angrily immediately, because this is clearly a big hole. If you have money yourself, you don't invest in your own company. Instead, let others invest.
It's a pity that Li Feiteng and Soros signed a confidentiality agreement. And Soros also deducted a lot of "handling fees" from his funds, so no one knows that Li Feiteng has a large amount of money overseas.
Seeing that Sun Zhengyi really brought a female translator, but Li Feiteng still let Chang Zimei walk in front, he smiled and stretched out his hand to Sun Zhengyi who stood up, and greeted: "Welcome to my company, Mr. Sun Zhengyi, I am honored by your arrival." ”
Translator Chang Zimei spoke in advance, which directly made the translator next to Son Masayoshi useless.
"Thank you. Mr. Li Feiteng, please forgive me for my presumptuous visit, the results of Qingmu portal are too shocking, this year's publicity effect is about to be transmitted to our country, Qingmu portal is determined to become China's first, which makes me very excited, successful businessmen will not miss any investment opportunities. Son explained his intentions with a smile, paused, and continued: "But what I am most concerned about is Mr. Li's actions in the stock market, last year's great bull market in China. Mr. Li made a lot of money in the stock market and rapidly developed a new type of computer bar industry. Now the scale of Feiteng Group is so large, Mr. Li, you are also very rich, I don't know if you need funds?"
After listening to the words of Chang Zimei, Li Feiteng smiled slightly and explained: "Of course you need funds, Mr. Sun may not know the specific situation of Feiteng Group, it is a large company that has risen by relying on bank loans and government policies, although it is profitable, but it is used to do real estate industry, in fact, I am very short of money." ”
Li Feiteng paused, and he smiled brightly: "Mr. Sun's arrival is very surprising, the outside world has always misunderstood that I have a lot of capital, in fact, I have a headache for the huge capital needed for the development of the portal. ”
"And, I've been waiting for someone to invest. ”
After listening to the other party's translator, Sun Zhengyi turned around and asked his interpreter again with great certainty, and then asked curiously: "Li Feiteng is waiting for someone to invest, who is it?"
"It's you, Mr. Sun!"
Sun Zhengyi opened his mouth in surprise, and he smiled thoughtfully: "Why?"
"Because only you can truly see the value of the Internet!" Li Feiteng praised without hesitation, and at the end, he said casually: "Of course, there is Sequoia Capital that has the same vision as you, but I didn't wait for Sequoia, I waited for you." ”
Sequoia Capital is a legend in the VC industry, and Li Feiteng compared Sequoia Capital to Masayoshi Son, which made Masayoshi Son very happy, he smiled and said: "I understand, Mr. Li, I think we can start formal negotiations, I want to know, Mr. Li, how much do you think your company is worth?"
Li Feiteng smiled slightly, he looked at Sun Zhengyi and said: "I think it's actually very simple, Mr. Sun's successful case of investing in Yahoo is right in front of you, Qingmu Portal is determined to be the first brand in China, not to mention China's population, and the potential value of future netizens, it is this first, how much does Mr. Sun think it can be worth?"
Son smiled and said, "I invested in Yahoo because Yang Zhiyuan persuaded me, and I accepted his price." ”
Li Feiteng understood that this was kicking the ball back, of course he knew that it was impossible for Son Masayoshi to say the price first, he did not continue to shirk, and said with a smile: "Our Qingmu portal currently has a great brand influence, and has two brands, the first is 123 business mailbox, our company is the first in China to launch a free mailbox service, with a user base of more than 200,000 people. ”
"The second brand is hao123 Internet navigation, I think Mr. Sun may not know, our hao123 has been able to make a profit of 300,000 US dollars per month, and coupled with the advertising profit of the portal, the average profit of Qingmu Information Technology per month exceeds 500,000 US dollars, and the most important thing is that it is the king of domestic traffic, with hundreds of thousands of visits per day, which is incomparable with other portals. ”
"The most important thing is my Feiteng Group, which is the largest and arguably monopolistic hardware platform in China, and there is no doubt that it is the golden soil that guarantees our success. ”
After talking about these advantages, Li Feiteng paused for a moment, and then he said with a smile: "A portal that will definitely succeed, I dare not say that it is now comparable to Yahoo, but to become the first stop in Asia, we have full confidence, so I estimate my company at 200 million US dollars, the bottom line of financing is less than 50%, and the one-time acceptance of financing funds is more than 50 million US dollars, below this price, I do not accept." ”
After Hou Jianhua listened to what Li Feiteng said, he felt that his legs were a little unstable, and he said in the conference room just now that the valuation was 125 million, but now it has directly become 200 million US dollars, and he does not accept financing below 50 million US dollars!
In the end, it was Li Feiteng, and as soon as he opened his mouth, he shocked the audience.
After listening to the translator's unfluent answer, Son's face also changed slightly, he didn't expect Li Feiteng's financing conditions to be so harsh, a one-time financing of 50 million US dollars, accounting for only 20% of the shares, which made his determination to raise funds a little shaken. (To be continued......)
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