DIG, Keying also understands the current situation, as an investment company, interests come first, so it will naturally make the most beneficial choice, and of course will not refuse to communicate with Yang Fan. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 Although when DIG and Keying quoted Qihang before, it was valued at $30 million, but now Yang Fan will not quote them at this price, but will quote $2.4 million for the shares of their two companies, which are 12% percent.

In other words, Yang Fan's current valuation of TX is $20 million, which is a very low price.

Although DIG and Keying acquired 40% of TX shares for just over $2 million in April 00. If you look at it according to this, the valuation of $20 million is now sky-high.

But the reality is that the situation of the two planes is completely different. That's right, the TX of the past is completely incomparable to the TX of the present.

In the past 2,000 years, there have been two rumors about TX, one is that QQ will be fully charged, which means that there are no free users, and the other is that TX will be sold, both of which have greatly affected the development of QQ.

Even in the past 2,000 years, they have closed new user registrations because QQ users have grown too fast and beyond their capabilities, which is a very rare example on the Internet, where others are desperately spending money on promotion to increase new users, but they close new user registrations because of the rapid increase in users.

The speed of development of this QQ has a very serious impact.

Now the situation is completely different, TX has not only never closed the registration of new users, but has increased its promotion efforts because of Yang Fan's early investment, especially after the Internet café alliance joined the promotion, QQ's users have increased greatly compared with the past two thousand years.

Similarly, the former TX had to wait for 01 year Mobile to launch the mobile Monternet to usher in the dawn of profitability, but now TX has achieved profitability as early as two months ago because of the Internet café recharge system that set sail.

In short, all this not only makes QQ's development much faster than it once was, but also shows its profit model in advance, even during the NASDAQ avalanche, it still makes investors raise their expectations for its future, so that the value of the two space-time TX is completely different.

On behalf of DIG, Ke Ying still came forward with Bai Hai and Zhou Gu, and after hearing Yang Fan's offer, Zhou Gu didn't think about it, he shook his head directly, and said categorically, "Impossible, this price is still lower than the price we purchased." ”

Yang Fan has a very bad impression of Zhou Gu, not even as good as DIG's Bai Hai, maybe because the black faces of the two families have always been the black faces of Zhou Gu, so after hearing Zhou Gu's words, Yang Fan sneered, "Doing business is originally a loss and a profit, how can you always make a profit!" ”

Hearing this, Zhou Gu immediately said, "The value of TX has not decreased!" ”

Zhou Gu's meaning is obvious, since the value has not decreased, how can the valuation be reduced.

In this regard, Yang Fan shrugged indifferently, "This can't be said to be wrong, indeed, the value for me has not decreased, and it may not be the same for others......"

It is undeniable that because Yang Fan holds a large number of shares, and now he has the upper hand in voting rights, with his huge layout on the Internet, as long as he sincerely makes trouble, TX is a hot potato for any person.

Bai Hai also understood this, and didn't want the situation to continue to stiffen, so he said simply, "We hold a total of 12% of the shares in our hands, three million US dollars, if you agree to take it!" ”

The price that Bai Hai is saying now is still lower than the price they bought......

Yang Fan groaned slightly, nodded and agreed, "Okay, just this price." ”

Now Yang Fan would not have been entangled in these hundreds of thousands of dollars, but if in the first half of last year, when Yang Fan's strength was insufficient, let alone hundreds of thousands of dollars, even hundreds of thousands of yuan, I am afraid he would be careful.

Especially when he set sail for the Ningcheng store of the network, Yang Fan had a gap of several million, and he had been scraping together, and at that time he didn't have so many ways to finance or borrow now, just like Yang Fan now obviously spends millions more dollars for TX, and he still doesn't feel too distressed.

First, it avoids him from having to draw people to build another company when he is most scarce in talents, and similarly, it also saves money in the most scarce funds.

Yes, at that time, one million could buy QQ, but that was just buying a software. He still has to pay extra money to set up a new company and build a new QQ server to run QQ, and the two million injected into TX is simply not enough.

If Yang Fan had to choose, he would rather raise millions of dollars now than millions of yuan at that time, and now it would be much easier for him to borrow or borrow......

For example, now Yang Fan can borrow from Liu Qingfeng.

Regarding Yang Fan's purpose of coming to the door, Liu Qingfeng said speechlessly, "You borrowed money again, let's talk about it, how many times have you done this?" You borrowed money to take a stake in Google, borrowed money to invest in BD, and now you have to borrow money to expand your shares in TX, how do I feel that you are always using my money to make money? ”

Yang Fan smiled, "Isn't this that Qihang is developing too fast and the accumulation of funds is seriously insufficient." ”

Don't look at the two cash cows of the Qihang Network, but now whether it is the Qihang Network, the continuous expansion of the Qihang Game, or Yang Fan's continuous layout on the Internet, they are rapidly consuming funds, which is completely a state of making ends meet.

Up to now, the foreign debts and loans owed by the entire Qihang Department have exceeded the 200 million mark.

Last year, I owe a lot of money to Google, and I borrowed a lot of money in the name of Qihang High-tech Incubation Park before going abroad this year, and with the legend of Qihang Game, Q Westward Journey continues to develop, and the cash returned is not enough to increase the server, so Qihang Game now owes a lot of money......

However, now as the growth rate of legends is slowing down, the pace of server opening is also slowing down, and funds have been flowing back.

Game companies are like this, the initial investment in servers is very large, but most of the servers are one-time investments, and then they will sit on the profits.

Liu Qingfeng was also more aware of the situation of Qihang, shook his head and said, "You were fortunate to have chosen an industry like online games and Internet cafes that return cash very quickly, otherwise at your current speed of expansion, the capital chain would have collapsed long ago." ”

Saying that, Liu Qingfeng had to admire the speed of development.

Speaking of which, in fact, he knew Yang Fan at this time last year, and it has only been about a year now, but in this year, his industry seems to have expanded dozens of times...... In the first half of last year, the Qihang network also had two stores in Zhuocheng and Ningcheng, but now the Qihang network not only has more stores in the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen, but also seven or eight are under construction.

At that time, Yang Fan had neither Google shares nor BD shares...... Even if Yang Fan is thriving in his hands now, the sailing game that has long reflected the attributes of the gold-producing giant beast has neither been established nor launched as a game.

In short, Liu Qingfeng felt that in the blink of an eye, the entire Qihang Department would have a ******, and the speed was so fast, as if the expansion schedule of other excellent enterprises was based on years, but Yang Fan's expansion was based on months......

That's right, Yang Fan is different every month, and the pace is far faster than Liu Qingfeng imagined, thinking about it, Liu Qingfeng sighed, "Say, what conditions do you give me?" ”

Yang Fan said, "The 12 percent of DIG and Keying, half of us." ”

After a deep groan, Liu Qingfeng nodded, and he could be regarded as agreeing to Yang Fan's proposal. Before, I was afraid that there would be a big premium to get those three key shares from Macau, but Liu Qingfeng raised 15 million, but he didn't expect to be siphoned off, and he didn't spend the money. Unexpectedly, he used it now, and all twelve points were only more than 20 million, so he didn't need to raise much more.

Although it was said before that it was rectified by Liu Qingfeng...... Now the situation is different from what the two discussed, but Liu Qingfeng has no complaints. There is no way, who told him to be shabu-shabu, but Yang Fan made a big comeback through Zhou Tong's actions, including forcing DIG and Keying to sell shares at a low price, which was basically the credit of Yang Fan, and he basically didn't intervene.

If it weren't for Yang Fan's lack of funds in his hands, or if he got rid of him directly, Liu Qingfeng wouldn't have anything to say.

A pay, a return! (To be continued.) )