Chapter 351: Borrowing Money from Black-Hearted Capitalists (3/4)
2ooo Wan plus the current 8ooo million, this is 100 million, as long as Lin Zheng is willing to transfer 1o% of Yahoo shares and 1o% of IcQ shares, 100 million will be in hand immediately, for many people, after hearing this price, they are afraid that they will immediately cry and shout, hugging Tang. Valentine's thigh demanded that the contract be signed immediately, but the problem was that Lin Zheng felt that he had lost a lot.
"8ooo million? Mr. Valentine, are you sure you're not calling Hanako? ”
Lin Zheng chuckled angrily, "full of anger" and "chuckle" seem to be two extremely contradictory words that should not appear together at all, but the expression on Lin Zheng's face at this moment is indeed a chuckle full of anger, "If I tell you that the company's servers in Japan and Europe are about to be opened, even in the most cautious situation, we have reason to believe that by the end of next month, IcQ's global users will exceed 1ooo million......"
Lin Zheng looked at Tang. Valentine glanced at it, "1ooo million global users, and this number is still growing rapidly every moment, Don, what do you mean by that?" ”
What does that mean? This means that with the continuous development of network technology, perhaps in two or three years, IcQ will have more than 100 million users in the world...... 100 million!
When I think of this number, Don. Valentine felt dizzy and almost unsteady: no matter what the product is, as long as the number of users reaches 100 million, it means that the influence is incomparable, and he still underestimates Inetbsp; Yes, if IcQ has hundreds of millions of users around the world...... And that's almost no doubt...... As long as their operator is not a stupid pig, it means that this is a company with a market value of no less than 300 million US dollars, considering that with the exhibition of technology, the price of personal computers will be lower and lower, and the penetration rate will be higher and higher, this number may exceed 200 million, 300 million...... By that time, IcQ's market capitalization will most likely reach $1oo.
This figure is obviously extremely staggering, 1o% of a company with a market capitalization of $1oo billion...... The price of $8ooo million is indeed a call for Hanako.
But Don. Valentine, of course, has his own reasons. If he was stumped by Lin Zheng so simply, he would not have become one of the four major venture capital kings in the United States, "Lin, I admit that what you said is possible, but this is only a possibility, you can't take the possibility as a reality, and I am a businessman." A businessman who aims to make money, I only believe what I can see......" Speaking of which, Don. Valentine chuckled, "Okay, $100 million, that's the highest price I can offer." ”
Sequoia Capital is playing small and big ventures. Although their total scale is enough to make the vast majority of domestic companies ashamed at this stage, in terms of the actual scale of funds that can be used, compared with those giants in the financial market, Sequoia Capital is actually not much.
Lin Zheng sighed, he really couldn't understand Tang. How could Valentine's self-feeling be so good, but even if the other party was Don. Valentine, Lin Zheng doesn't plan to give him face anymore. "Tang, first, I do need to do something next, and I do need some money, but that doesn't mean I have to sell all kinds of shares I hold to raise funds; Second, I have no intention of selling my IcQ shares; In the end, although you have always said that you came with sincerity, I did not see your sincerity at all. Forgive me for being so direct, but...... All I can say is: 'Sorry, I'm sorry. ’”
"It's a shame, but...... Well, I believe that we will always have a chance to cooperate in the future. "Don. Valentine was very personable, stood up and took the initiative to shake hands with Lin Zheng, ready to say goodbye.
Since Lin Zheng is unwilling to sell the shares in his hands. It is impossible for him to be strong, although he has the ability, but if he really does this, his reputation in this industry will be notorious. There will be no one to work with you in the future...... For venture capital firms, credit and reputation are crucial, and he will not ruin his own sign because of such a small thing.
But looking at Don who was about to say goodbye. Valentine, Lin Zheng's heart suddenly moved: That's right, he really needs money, and Tang. Valentine does have money in his hands, although it is impossible for him to sell his shares, but can everyone cooperate in another way, "Tang, although I am not ready to sell the shares I hold, I think we can actually cooperate in another way." ”
"Oh?" Don, who was just about to get up. Valentine suddenly stopped and looked at Lin Zheng with some puzzlement: Since you are planning not to sell your shares, how can we cooperate?
"While I'm not going to sell my shares, I wonder if Sequoia Capital is interested in making money?" Lin Zheng smiled at Tang. Valentine asked.
Lin Zheng, who had made up his mind, was in a good mood at the moment, if he could convince Tang. Valentine, the exhibition funds of the smartcity project don't have to worry.
"Of course, as long as we are within the scope of Sequoia Capital's business, we are interested in a profitable business." Tang Dynasty. Valentine raised his eyebrows, he was a little curious about what Lin Zheng was going to say next.
Since Don. Valentine already knew that he needed money, so Lin Zheng didn't hide it secretly, and said frankly, "I do need a sum of money recently, I borrowed $150 million from Sequoia Capital with 2o% of IcQ shares as collateral, and the interest rate is 2o% higher than the bank loan interest in the same period, and the term is two years, how about it?" ”
Borrowing money from Sequoia Capital at an interest rate higher than bank loans is also Lin Zheng's helplessness.
First, get a loan of about 100 million US dollars from China? In this era when the country's control over foreign exchange is still very strict, and such a large-scale use of foreign exchange requires cabinet approval, it is not necessary to think about it, Lin Zheng is still a little self-aware, and he thinks that he does not have such great energy...... Even if there is such a large amount of energy and such a large amount of funds, it will take at least half a year from the beginning of the discussion to the establishment of the project to the final approval.
The companies in Lin Zheng's hands are undoubtedly high-quality resources, but the fatal problem is that whether it is Yahoo or IcQ, although everyone knows their potential, but the bank does not recognize this, they prefer collateral that can be seen and touched...... If Lin Zheng has an 8-inch wafer production line, then there is no problem at all to borrow hundreds of millions of dollars from the bank, but unfortunately, Lin Zheng does not have this thing, and the value of the company in his hand has not been recognized by the bank, and if he does not get recognition, he will not be able to get a loan from the bank.
What did you say? You can use Microsoft stock as collateral to borrow money from a bank or directly to Bill. Gates borrowing money?
In fact, the bank not only wants you to use Microsoft shares as collateral, but also wishes that you can't pay back the money, but Lin Zheng plans to keep this stock for future maneuvering...... Wait until you need money urgently but can't do it, and then hit the idea of this stock; As for Xiang Bill. Gates borrowed money for this point and he doesn't seem to have talked to Bill. Gates is familiar with Cheng Dù who can borrow money, right?
Bank borrowing 2o% higher than the interest rate of bank loans in the same period? Tang Dynasty. Valentin was a little moved.
As we said before, although Sequoia Capital is a venture capital company, Sequoia Capital cannot support itself solely on the income of venture capital, their sources of income are diverse, and even one of the main sources of income is the share dividend income of each fund.
"$150 million is not a small amount," said Don. Valentine shook his head slyly, "Lin, although I am very optimistic about your IcQ company, I don't think that a 2o% stake in IcQ company can be worth $150 million...... I think a 4o% stake is a good idea. ”
This product is really thick enough, just now it was about to offer $100 million to buy 1o% of IcQ's shares, which is still a price with room for further bargaining, but now, in the blink of an eye, 1o% of the shares have shrunk to less than $4ooo dollars.
In order to be able to convince Lin Zheng, he even did not hesitate to make a small threat, "Hehe...... Lin, apart from Sequoia Capital, I don't think anyone else can come up with $150 million to make a big gamble. ”
Tang Dynasty. Valentine had even made up his mind in his heart that if he had the chance...... If you don't have a chance, you have to create as many opportunities as possible...... Mess up what Lin Zheng is going to do, and then the 4o% IcQ shares will become Sequoia Capital's, can you really hold 4o% of the IcQ shares, and the interest rate of 5o% higher on the bank loan in the same period is considered a yarn?
"Is there no other company other than Sequoia Capital that can take this business?" Lin Zheng laughed at it weirdly, "I wonder if kpcB is interested in this business?" ”
kpcB? Tang Dynasty. Valentin felt as if he had been slapped in the face.
kpneterperkinscaufie1d & Byers, also known as Kleiner Perkins Huaying, when Sequoia Capital was proud of its classic cases of investing in Apple, Oracle and Cisco, many people forgot that kpcB, the largest venture capital fund in the United States, also gave birth to Compaq, an American personal computer giant, sunmicrosystems, an operating system company that can wrestle with Microsoft, and Lotus, a software company that has just been acquired by Big Blue IBm for $3.2 billion.
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