Chapter 173: Penguin Shares

"That's a pity......" After Li Hong's clear refusal to reply, Brother Xiao Ma couldn't hide the loss and regret on his face.

The game division has always been the top priority of the Penguin Group's internal sequence. If it weren't for that, his little brother, as the chairman of the Penguin Group, would not have traveled thousands of miles to make this trip.

Unfortunately, this was ultimately rejected by Li Hong. Although he had been prepared before he came, Xiao Ma was still extremely disappointed at this moment.

However, after being honed in the business world for a long time, he did not put this disappointment on his face for the first time, but silently put it in an unknown place in the depths of his heart.

"Since Mr. Li is unwilling to be acquired by our penguins, I wonder if there is any possibility for the two of us to cooperate?" Little Pony finally asked.

Li Hong noticed that the cooperation used here by Brother Xiao Ma was obviously not literal. After thinking about it, Li Hong understood what Brother Xiao Ma wanted to do.

Brother Xiao Ma can't make an acquisition, so he turns into a share!

This caught Li Hong off guard, after all, he never thought that with the scale of a penguin, he would even think about buying shares if the acquisition could not be successful.

To be honest, Li Hong is really a little tempted at this moment.

With Penguin's stake, they have a lot to gain from their fists. The first is to get a decent cash flow, which can make the fist return a wave of blood. The second is to get a sustainable channel of cooperation, and it's still an extremely powerful channel.

The third is that after Penguin becomes a shareholder, whether it is in game production or distribution, their riots will be taken care of and protected. This is much better than the previous lonely struggle.

So, Li Hong asked curiously: "Mr. Ma, how do you want to cooperate?" ”

With these words, he has already revealed his desire to cooperate to Brother Xiaoma, and the rest depends on what Brother Xiaoma thinks.

Brother Xiao Ma stretched out five fingers and said with a smile: "500 million US dollars, I want 49% of the equity of my fist, not dividend shares, but Class A shares with voting rights." ”

"It's impossible, you can't take so much at once." Li Hong can't accept this result, there is nothing wrong with the quotation, but there are too many shares.

Once 49% of the shares are given to the penguins, their fists are no different from losing.

Even if he, Li Hong, still holds 51% of the shares, who knows what will happen in the end. Or what if Riot goes public?

"30%, this is the bottom line of the fist, no matter how much it is impossible." Li Hong said seriously.

More than 30%, he, the majority shareholder, may be overturned at any time. Don't talk nonsense about absolute control, if you can really control absolutely, how did those bosses who hold more than 50% of the company's shares be overthrown?

As a social person, Li Hong is not a stupid white sweet. He would not be naΓ―ve enough to think that with 51% of the shares in his hands, he would be absolutely safe.

Even the boss who holds 100% of the shares has the possibility of losing all his property overnight and the company changing hands. He didn't dare to say anything about absolute safety, the only thing he could do was to try to beware of the actions of investors after bringing them in.

30% of the shares, this is Li Hong's bottom line. No more than that would be impossible, he wouldn't be so stupid.

Penguin's channels and promotions, while valuable, are definitely at the top of 30%. More than 30%, then it is not they who earn, but the penguins who earn.

Brother Xiao Ma thought seriously for a while, then nodded and said, "Yes, then 30%." But the penguin can only pay $300 million, and this money is not enough to buy your shares, but to inject capital into your fist. ”

Generally speaking, investors invest in a business, and there are usually two options for funding.

Take Xiao Ma Ge's investment fist as an example, if his $300 million is enough to buy 30% of the fist shares in Li Hong's hands. The final gain of Brother Xiao Ma was 30% of the shares, but the fist did not have a penny, and 300 million US dollars became all the assets owned by Li Hong.

But if the $300 million is injected into the fist, then Brother Pony also gets 30% of the shares, and there is still $300 million in cash flow within the fist. This is equivalent to investing only 200 million US dollars in disguise to get 30% of the shares. After all, if the company has cash flow after investment, then according to the shares, Brother Xiao Ma also has a share.

This way of injecting capital into the enterprise is a common practice of investment. After all, if you buy enough shares directly from the founder, maybe the founder will run away immediately after taking the money. In the end, the invested company did not have a penny, but fattened the founder.

Enterprises like Penguin and Alibaba, the initial investment is this model. Therefore, their business can develop rapidly, but in the early stage of entrepreneurship, even if they get a huge amount of venture capital, the founders still have little money.

Brother Xiao Ma made this request, not only for peace of mind, but also to save money for himself.

However, Li Hong also has no opinion on this plan, anyway, it is useless for him to use this money. If it's really for the money, why doesn't he just sell his fist to the penguins?

Money is enough for this thing, and more or less is not a good thing.

After talking, Brother Xiao loosened the tie on his neckline and said with a smile: "Happy cooperation!" ”

"Happy working together!" Li Hong also smiled and reached out to shake Brother Xiaoma.

From this moment on, their fists were in the same camp as the penguins. Penguin's coveted customer base is still being promoted, and they can enjoy it with their fists.

"Brother Pony, can you help promote the S1 World Finals?" Li Hong asked.

For this finals, they can be said to be busy up and down their fists. But Rao is so, and the promotion effect is not very satisfactory. If it weren't for the world's No. 1 prize pool, their promotion would have failed a long time ago.

But that was before, and now that a gold master father has been brought in, and he is also a particularly capable gold master father, why not let him help promote it?

"That's no problem, I've also learned about the goddess Lianmeng, and professional events can really promote the game. In this way, I'll give you an S-level promotion package inside Penguin. Brother Pony patted his chest and said.

I have to say that Brother Xiao Ma is still very righteous. Since everyone is a family now, there will be no less for you.

What is the Penguin In-House S-Level Promotion Package? Li Hong didn't know about this thing, but he could guess that it was extraordinary.

"This kind of package, in general, is not given to outsiders. Only within Penguin will we use new software or business group projects when they are born. There is only one game in the gaming industry that has enjoyed this treatment, and that is 300 million elementary school students. ”

As soon as these words came out, Li Hong instantly understood what the concept of this Penguin's internal S-level promotion package was. Of course, the statement of this package is estimated to be deliberate by Brother Xiaoma, and there is definitely no such thing as a package on the internal documents. But it does fit the definition of a package, so let's take a look at the level of this thing.

Even Penguin's own game, only one of the 300 million primary school students has been promoted to this game, and none of the others have been played. It is conceivable that Brother Xiao Ma is really righteous this time.

"Brother Yibo Yuntian Xiaoma, Penguin Fist is open in five or five!" Li Hong said with a smile.