Chapter 58: Buy It, Buy It, Buy It

After talking to his senior sister, Lin Yi found his CFO.

"Jenny, we need to sell a batch of stocks, most of which are in the hands of my senior sister, and some of me, with a total value of about $1 billion."

Liu Jianni's heart jumped, and the first thing she asked was not about stocks: "Have you two decided to part ways?" ”

Lin Yi patiently explained: "Don't be nervous first, I didn't have a falling out with my senior sister, and there was not even any conflict or unhappiness. ”

"For reasons you already know, Senior Sister can't continue to work with me on Wanli Travel, so I decided to find another place for her."

"I have my eye on a good target, and I'm looking to sell it recently, and $1 billion is the capital I've prepared for this acquisition."

"I know that at this time, as co-founders, my sister and I are both reducing our holdings of the company's shares at the same time is a bad sign."

"The reason why I'm going to reduce my holdings and participate in the merger that is being prepared for her is to show the outside world that there is no rift in our relationship."

"Despite this, there must be a lot of work to be done on the investor's side, so I can only trouble you to explain it to them."

Jianni Liu probably understood what he was thinking.

The post-investment valuation of Wanli's latest round of financing is $55 billion, and Lin Yi's own shares are worth more than $7 billion.

Correspondingly, Li Moyan's net worth is already $1.4 billion, and he is also eligible to be on Forbes.

If the two of them cash out $1 billion together, and Li Moyan is the main one, her shareholding in Wanli Travel will drop by about half, but she can still retain the status of the second largest individual shareholder.

The changes on Lin Yi's side were relatively small, and they did not have a big impact on his control of the company.

In this way, Li Moyan's departure can be interpreted as the pursuit of other personal careers, rather than an irreconcilable contradiction with Lin Yi's travel of thousands of miles.

"This ...... It makes sense. Although there will inevitably be various speculations on the part of investors, the company's current operation is stable, so it has nothing to do with the overall situation. ”

Liu Jianni had reminded Lin Yi before, but the relationship between them was a private matter after all, and she had no way to interfere.

As the CFO of Wanli Travel, when Lin Yi and Li Moyan already had plans for the company, she could only cooperate as much as possible to make the impact of this change on the company smaller.

"If any of the important shareholders have questions about this, such as Factory A or who, you can ask them to come to me directly."

After Lin Yi made such an explanation, he asked: "It shouldn't be difficult to come up with a billion dollar stock, right?" I know that there are deals between investors in private. ”

This means that Wanli Travel has not yet been listed, and there is no need to reduce its holdings after the IPO, and you can get the money by directly pledging.

Liu Jianni replied truthfully: "It's not difficult, but if you have enough time, of course, you should be prepared to communicate in advance, and it will be safer to release it in batches." ”

"Are you in a hurry?"

Lin Yiyi: "It's impossible to talk about being in a hurry, but it's better to hurry up as soon as possible, after all, the subject I am going to talk about is also a tiger's mouth." ”

Liu Jianni didn't plan to ask, but hearing him say this aroused her curiosity a little.

As a former professional venture capitalist, she should be very sensitive to the rumors of transactions in the venture capital market, but after all, she has been the CFO for several years, and her attention to things related to non-travel fields is definitely not as good as before.

Listening to Lin Yi's meaning, it is obviously a project with a large span.

"What are you going to buy?"

……

Lin Yi didn't plan to sell Guanzi, but the app he wanted to buy was really not famous, and even if he said it, no one might know it.

At least domestically.

Its icon is a pink jiggling note in a circle on a white background, officially known as musically, and is currently popular among teenagers in the United States, with 5 million daily active users.

It's a short music video app, but it wasn't invented by Americans.

Lin Yi went to Shencheng to find the two founders of this company, not only is no one outside the industry know, but also has a bad reputation in the industry.

The key appearance is also bizarre.

One of the two founders is named Yang Luyu, with very small eyes, small curly hair, and studs; The other is named Zhu Jun, who has long hair and a beard, and is dressed like a Taoist priest.

If Lin Yi hadn't known that he hadn't found the wrong person and met such two punk youths on the street, he wouldn't have believed that this was the founder of an important short video app.

After some introduction from the two sides, Lin Yiren's fame is now far better than that of the other party.

"I'll just say it bluntly, I'm here today because I heard that Musically, which you founded, is looking to sell and is interested in participating in this acquisition."

The two people on the other side actually felt bizarre.

Of course, they will not be lonely and unfamiliar with Lin Yitang's "head of the new three", but the key is that the business of Wanli Travel has nothing to do with their musically?

"Since Boss Lin is quick to talk, then I will forgive us for being blunt, there is such a thing as the sale you mentioned, but I didn't expect you to be interested in it."

Lin Yi understood what they meant, and he had to let them know that he wasn't playing on a whim, but he couldn't be too eager to let the other party handle it.

"To tell you the truth, this time I actually represent Wanli Travel, as the two of you think, there is very little room for business cooperation between the two sides."

"Actually, I represent my partner, and you may know that Ms. Li Moyan, the president of Wanli Travel, is very optimistic about the short video industry and is ready to devote herself to a new career."

As soon as he said this, Yang Luyu and Zhu Jun believed it a little, and as for why Lin Yi came forward instead of Li Moyan himself, they didn't bother with this little detail.

However, they are more concerned that if Lin Yi and the two are buying on behalf of individuals, it is even more unlikely that it will be of any help to the development of Musically.

"Boss Lin, to be honest, it's not that our two brothers boast, musically talked about many potential mergers and acquisitions, I can't see what advantages you have."

Lin Yi didn't deal with them much, but came up with his usual killer feature:

"I'm outbidding them."

Yang Luyu and Zhu Jun glanced at each other, and did not look excited about the fuss, but replied with confidence:

"There are a lot of people we talked about just now, which may not be specific enough, including the American social giant Facebook."

"Boss Lin, I don't mean to offend, we know that you are the fastest emerging talent in the industry in the past two years, but we don't think you will have much advantage in terms of bidding."

"Actually, we don't just focus on bidding, musically is not looking to sell because of poor management, we want to find a good home for it, we are looking forward to a longer term development."

In order to prove that he had done work before he came, Lin Yi also took out some dry goods.

"I know very well your situation, musically has never been able to get rid of the label of teen toys, and its growth in the United States has hit a bottleneck, sideways for a year."

"On the other hand, when you want to return to China to expand, you find that you have been cut off by other competitors, and one of them is almost a pixel-level replica of you."

"You also have a core problem is that the technical force is weak, and the gap in the algorithm is obvious, which is an important reason why you don't have the confidence to compete."

"You just mentioned that you hope that Musically can have better development after the merger, and we coincide with this wish."

"To prove my sincerity, I have one more piece of information to add to both."

"I'm coming over today, in addition to representing me and my partner just now, I can also represent Xiongchang and Li Robin."