651. A Piece of Scenery at a Dangerous Peak?
If you go public in the United States for financing, first of all, not to mention the US Financial Authority, it will first pull out a few layers of skin for you, and then the financial vultures on Wall Street will definitely not make you feel better.
Listing in Xiangjiang, no matter what, this is our own territory, and we will take care of it anyway, but if you want to be listed in Xiangjiang, it is not so simple.
First of all, the financial authority of Xiangjiang does not allow Wang Teng to implement the management of AB shares for the company, to put it bluntly, it is a management model similar to Google.
The external sales are ordinary shares, and the company's existing senior management has the decision-making shares that can determine the company's future direction.
After all, there are countless people now, carrying money bags, ready to enter the board of directors of the forty thieves, as long as the money is enough and the number of shares is enough, isn't it easy to enter the company's board of directors and participate in the future operation of the company?
At that time, if you Wang Teng is disobedient, the representatives of the Wall Street predators can easily connect in series, engage in a few dilution financings, and then kick you, the founder, out of the company.
This is what Wang Teng is most worried about and the most unwilling to see, although he also hopes that the company will be listed, but he does not want to lose the ability to control the company because of the dilution of shares.
After all, this company was developed by him, and when the time comes, those guys will honestly just hold some useless waste paper. You can squeeze into the decision-making level of the company. Finger the future development of the company. This was definitely not what he wanted to see.
But at that time, the situation was no longer something he could fully control, there were financial vultures from all over Shijie outside, constantly putting pressure on their forty thieves, and there was Yahoo inside, which was constantly stirring up the wind and rain, which made Wang Teng in a dilemma for a long time.
But the current Wang Teng doesn't know what will happen ten years later, and these things. Li Yifan knows quite well.
So now Yahoo's beautiful $500 million financing is a dessert, but if you really eat it, ten years later, this seemingly beautiful dessert will become a dose of poison!
And the current forty thieves company is not the same as the forty thieves company in the previous life, it has only been a year since it was created, and Alipay does not belong to this company, so the Americans are willing to come up with 500 million US dollars, and it seems that the cash is only 360 million US dollars, and their bullshit Yahoo Huaguo will be priced at 140 million!
This is a big pit, a big pit that must not be jumped!
Li Yifan felt a headache. He knew that Yahoo's proposal looked good, but now he was the only one who had come over. will know that this is a fragrant bait, if swallowed, it will be easy to say in the next ten years, but once the company waits until the day of listing, it is not easy to say.
And the most critical point is that the current president of Yahoo is still Yang Zhiyuan, but after a few years, he will be replaced by another American devil, he still remembers very clearly, when he read Wang Teng's biography in his last life, he himself once said that after Yahoo changed its president, Wang Teng once went to the United States to meet the new president of Yahoo in person, and wanted to provide some new ideas for the cooperation between the two sides.
It's a pity that the arrogant Americans, but they didn't give Wang Teng a good face, and even treated him as a small role, which made Wang Teng angry and returned, and since then, the relationship between him and Yahoo has rapidly deteriorated.
Later, in the financial crisis caused by the Americans, he made several moves and redeemed a lot of Alipay's shares in the hands of the Americans, which can be regarded as a breath of relief.
But the Americans have also seen the benefits of the Forty Thieves, and they have been keeping a close eye on the shares of the Forty Thieves website, and they just don't let go.
This also led to the situation of almost infighting among the forty thieves on the issue of listing.
"500 million US dollars, the appetite of these Americans is really not small!"
Li Yifan sneered, then turned his head and asked Wang Teng again: "Then the other party, what does he want?" ”
"Thirty-five percent of the voting shares, and forty percent of the right to distribute economic benefits."
Wang Teng did not hide it, after all, Li Yifan is his good friend and a good business partner.
"That's all?"
"Oh, by the way, they're also asking for four seats on the board."
"Hehe, the appetite is really not small!"
Li Yifan sneered again, and Wang Teng saw Li Yifan's attitude, and his heart suddenly chuckled, in fact, he said in his heart that he still hoped to get Yahoo's financing.
To be honest, the current Yahoo, although in the United States, has begun to show a decline, and has been challenged by many emerging electronic portals, especially the new Google, the impact on Yahoo is particularly serious, and now Yahoo has had to invite the original founder Yang Zhiyuan back, hoping to be able to regain its strength under his leadership and confront Google.
Although Yahoo has endured challenges in the United States and performed poorly, their business performance is still quite good internationally, especially in the English-speaking country circle, they are still well-deserved NO.1 portals in many countries, such as the United Kingdom, Canada, Australia and other places, they make a lot of money every year.
HOWEVER, IN THE ASIAN MARKET, YAHOO'S PERFORMANCE CAN ONLY BE DESCRIBED AS AVERAGE, AND IN JAPAN THEIR PERFORMANCE IS VERY UNSUITABLE, IF IT WEREN'T FOR THE COOPERATION WITH SOFTBANK, THEY MAY HAVE BEEN DEFEATED BY EBAY.
And in 1999 after entering the Chinese market, it has been suppressed by three local websites in China, it can be said that in recent years has been losing money and making money, if it were not for their big business in the United States headquarters, I am afraid that this website would have announced its collapse long ago.
But even if it does not perform well in the Chinese market, Yahoo's current position in the Internet industry is still a giant that cannot be easily shaken, and the current forty thieves are just a small lotus seedling that has just shown its sharp corners compared to Yahoo.
People's annual gross profits can reach billions or even tens of billions of dollars, while on their own side, the gross profit of a year is less than 100 million dollars.
Therefore, in the face of the invitation for financing cooperation proposed by Yahoo, it is absolutely impossible to say that Wang Teng is not moved, not to mention that now it seems that the conditions proposed by Yahoo are cost-effective.
With 35 percent of the voting equity and 40 percent of the economic interests, according to the current scale of their own companies, people are willing to spend 500 million US dollars, which is definitely a big advantage.
What's more, they are still willing to take their Yahoo Huaguo to ride, don't look at the Americans can't run this website well, but if Wang Teng, who grew up locally, wants to play such a website, it is not very easy?
The most important thing is that he has long wanted to get involved in the business of this portal, not for anything else, but for the fuel tank and the search function.
These two items are the weapons to promote his forty thieves company and the leaky net, as well as Alipay!
So when you say that this deal is in front of him Wang Teng, can he be moved?
But now his best partner Li Yifan, Xiao Li doesn't seem to agree with this cooperation, which makes Wang Teng feel worried for a while.
"Xiao Li, you don't approve of this deal?"
Wang Teng's tone was slightly anxious, he was afraid that Li Yifan would reject the American's proposal with a blunt mouthful.
In fact, the reason why Yahoo was able to give such generous conditions this time was because he had a love affair with Yang Zhiyuan, the current president of Yahoo.
In 1998, Yang Zhiyuan, who stepped down as the president of Yahoo, traveled to China like a crane in idle clouds, and Wang Teng was his tour guide at that time, and the two had traveled together in the famous mountains and rivers in China, and formed a deep friendship.
But later, because he considered that he had stepped down, if he was meddling in the company's operation, it would cause gossip, and the Zuihou matter did not take shape.
BUT NOW IN THE SITUATION OF POOR MANAGEMENT, HE HAS COME OUT OF THE MOUNTAIN AGAIN, BECAUSE OF HIS UNDERSTANDING OF WANG TENG, HE KNOWS THIS GUY'S ABILITY, COUPLED WITH THE FIERCE COMPETITION BETWEEN E-COMMERCE AND EBAY, HE IS NOT A GENERAL UNDERSTANDING OF E-COMMERCE, SO HE IS VERY OPTIMISTIC ABOUT WANG TENG'S CURRENT OPERATION OF THE LARGEST E-COMMERCE WEBSITE IN HUAGUO, AND HE VALUES NOT ONLY THE DEVELOPMENT OF HUAGUO'S E-COMMERCE, BUT ALSO THE POTENTIAL OF HUAGUO'S FUTURE ECONOMIC DEVELOPMENT, SO HE WILL MAKE A DECISION IMMEDIATELY, gave Wang Teng such generous conditions.
Now Wang Teng is very moved by the olive branch extended by Yang Zhiyuan, but he is a little worried that Li Yifan will not agree, because Li Yifan's position in his heart is also very important.
"Brother Wang, is the company short of money now?"
Li Yifan's question made Wang Teng's heart sink, it seems that this is a prelude to disagreement, so how can I convince this kid, forget it, just tell him the truth.
"Yes, the company is very short of money now, and it can even be said that it has reached the point where it is not generally short of money."
Wang Teng's words surprised Li Yifan, how could this be, some time ago Wang Teng was still talking to himself on the phone, saying that now the daily transaction volume of these forty thieves has exceeded one million yuan, it is said that the development is good, how can there be a shortage of money?
"Our forty thieves company can be said to look beautiful now, but it is a beautiful peak, there is a cliff in front of it, and if you are not careful, you will be crushed!" (To be continued......)