Chapter 318: The Flower Sedan Chair is Carried by Everyone
"Kids, look what the boss has brought you."
There are more than a dozen pockets of delicacies in large and small bags, and all of them are the best ingredients.
Korean beef, Boston lobster, sea crab......
"Wow, Daihatsu."
"These are all carefully prepared by the lady for everyone, so don't disappoint her old man's heart, and eat them all."
"Inside, boss, we're going to have a good meal."
Everyone bowed happily, rubbed their hands and waited for the end of work with anticipation.
Seeing everyone's performance, Yin Huina smiled and clapped her hands and said, "Okay, I know that everyone can't wait, today, you are allowed to leave work early." ”
"Yay, long live."
One afternoon, the company was feasting, and Li Zhenyu was the only one in the office to discuss the mortgage with Dennis Hall, who had arrived from the moldy country.
"Sir, the best assets in your name, apart from the shares of Berkshire Hathaway, are the most valuable in INS and Special Promotion."
"Of course, you have a lot of potential for industrial development in South Korea, but the risk is slightly higher compared to the three."
To put it simply, South Korean assets will have an automatic 'discount' here in the United States. ’
Of the assets of 30 million US dollars, there are only 20 million left in front of Lao Mei, and only 10 million when they enter the appraisal system, and when they really take out a loan.
With 30 million assets, it would be good to be able to lend 5 million.
The assets of the mold country are different, 30 million US dollars in assets, no matter how discounted you are, you can lend 20 million.
Look for relationships, social background, and various survey scores are sufficient.
Twenty-five million is not very difficult.
This is the unspoken rule of the company, and Dennis Hall can only abide by it: "So, if you don't mind, it's better to use the assets of the mold country as collateral." ”
"If I use INS shares as collateral, how much money can I get?"
Barrett Bank, Google Capital, Microsoft Investment Fund, Goldman Sachs, Citigroup, the five giants give a valuation of $1 billion.
But that was half a year ago, and in the Internet industry, half a year is a long time ago.
Far away is like a cycle, with thousands and hundreds of companies founding, closing, and countless others pouring into this emerging field.
Therefore, if Wells Fargo could only give an offer of 1 billion, Li Zhenyu would not agree.
This is tantamount to cutting off the value of oneself and slapping the five giants in the face.
"1.5 billion."
Dennis Hall made an offer and spent so many days rushing to meet him.
Among them, the most important reason is to evaluate all the assets in his name.
Therefore, Dennis Hall has long been confident.
"Not enough, Dennis, what is 1 billion enough?"
Dennis Hall smiled wryly, he really didn't understand, or was he pretending to be with himself.
$1 billion, that's a huge number.
In his mouth, it is like a child's pocket money, is this the extraordinary attitude of genius?
"Sir, as much as you want, I'll try to find a way."
"Two billion."
Li Zhenyu put up two fingers and said with a smile: "The valuation of INS is at least 2 billion, so I agree to mortgage 80% of the shares to you." ”
Dennis Hall was deep in thought, this number was just close to the bottom line, but it was a little bit exceeded.
The highest valuation given by the risk department is $1.72 billion.
Now, he wants 2 billion, but he is willing to mortgage 80% of the shares.
$1.6 billion loan, that's a huge achievement.
"Sir, this price is too high."
Li Zhenyu raised his hand and smiled, and said, "I know that such a large amount is not up to you, I can give you time to ask for instructions." ”
What he wanted to say was preemptively finished by the other party.
So, call and ask for instructions, what else is there to say.
Mr. Lee plans to trade 80 percent of INS for $1.6 billion in cash.
Then, use the money for other investments, so that the INS debt ratio is as high as 80%, and his value will also shrink significantly.
Then, you can reduce the tax by a large amount.
"Not only that, but there are supports and preferential treatment for the technology industry, and if this aspect is operated properly, you can also get a part of the cash subsidy."
"Really?"
Li Zhenyu looked up at Maya and asked, "Then I'll leave this to you." ”
"That's what I'm supposed to do, boss. However, will the valuation of 2 billion be too high? ”
Previously, they discussed that the valuation of INS should be in the range of 1.5-1.8 billion.
The highest, will not exceed $1.8 billion.
At present, Li Zhenyu has raised the offer of 200 million yuan without authorization, which is different from what they discussed before.
But, who made him the boss!
The boss is willful and petty, what can she do as a subordinate?
"It doesn't matter, even if he can't accept this offer, he will give a new price, and it will be good to accept it when the time comes."
Business is nothing more than a game between you and me, and between multiple parties.
Whoever can come up with exciting chips, or exciting products and prices, will firmly occupy the initiative.
Li Zhenyu's goods are very valuable, and the potential is immeasurable.
And he himself is the most valuable investment target.
To make an investment, many times it is not only about the product, but also about the people.
Wells Fargo is optimistic about Lee's future potential and believes that he will become one of the business leaders of the new era.
Or even a disruptive innovation leader like Steve Jobs.
Therefore, after Li Zhenyu's offer was conveyed to the headquarters, there was a response quickly.
"2 billion, the board agreed."
"We value not only INS, but also your personal value and potential, and Phu Quoc is very much looking forward to having a deeper cooperation with you and maintaining this friendly cooperation."
To put it simply, the other party wants to earn a favor outside of business.
INS is not worth $2 billion, but with your Li Zhenyu's favor, it's worth $2 billion, and we agreed for the sake of your face.
Therefore, you must remember this favor of rich countries, and you have to repay it when you need it.
"Phu Quoc has a long history and good reputation, and I am looking forward to in-depth cooperation with you."
The sedan chair was carried by everyone, and since the other party gave him enough face, he naturally had to know how to repay the favor.
"Maya, tell the legal department that you can prepare the contract."
"My people will help you work out the details."
It takes one to two days just for the contract to be finalized.
During this time, Lee Jin-woo arranged for him to taste authentic Korean cuisine at the Shilla Hotel.
As a South Korean, you always have to behave like a South Korean.
However, no matter how many times you watch the ramen set, it will only give people a shabby feeling.
Next time, it's better to think of himself as a Korean in the moldy country, just think that he is a foreigner, and next time he will eat steak, steak is better.
(End of chapter)