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Free Web Novel,Novel online - All in hlnovel.com -> Sci-fi -> Reborn in 1999 Unleashing the Era of Black Techno Chapter 706 Buying You, Telling You to Shut Up!
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- During this period of time, in order to obtain financing, the Xinlang Weibo team formed several working groups, went to the United States to carry out negotiations, and even stayed on Wall Street in the United States for three to five months.
However, due to realistic conditions, Xinlang still did not reach any cooperation intention with Wall Street capital.
This time Changtian Technology took the initiative to throw out an olive branch, and the Xinlang Weibo team did not dare to neglect at all. Of course, the boss led the team to go there in person.
For this kind of negotiation, Chen Xiao only needs to tell Wang Xiang what he wants, and all the negotiations are made by Wang Xiang himself.
Moreover, Chen Xiao was far-sighted and realized that with the expansion of the business scope of Changtian Technology, the fields of future investment may become wider and wider.
In order to facilitate Changtian Technology's investment or financing in third-party companies in the future.
Some time ago, Chen Xiao independently established Changtian Technology Yuanfang Venture Capital Company.
This time, Changtian Technology proposed to use cash to acquire the shares of Xinlang Weibo, which was completed by Changtian Technology Yuanfang Venture Capital Company.
Mr. Jia was of course very excited after seeing Wang Xiang.
Because this means that Xinlang Weibo is likely to come back to life.
In order to prepare for this negotiation, the Xinlang Weibo team stayed up all night for three consecutive nights, and improved on the basis of the information previously submitted to Goldman Sachs and Morgan.
The perfect content is mainly to explain the difference between Sina Weibo and Twitter, the localization of Xinlang Weibo and some advantages over Penguin Weibo.
Jia summation and the team are still quite nervous.
So after seeing Wang Xiang, Mr. Jia's first sentence was to apologize to Changtian Technology.
The content of the apology is of course that Weibo did not delete the false negative news involving Changtian Technology in the first place.
Jia Zong's words are very artistic.
What he said was false negative news about Changtian Technology, not all the news about Changtian Technology.
This concludes some of the information on Weibo - these information are rumors and untrue.
Reach out and don't hit the smiling face.
Mr. Jia's apology still made Wang Xiang and others feel very useful.
After a simple greeting, the two sides began to negotiate terms.
Mr. Jia still proposed the plan he had given to Goldman Sachs and Morgan - hoping to raise 200 million meters, but only gave 15% of the shares.
Negotiation Negotiation is, of course, bargaining.
In the current negotiations, Changtian Technology is still in an obvious advantage.
After all, Changtian Technology can buy Xinlang Weibo whether or not to buy it, and it does not have the only right to choose.
However, Xinlang Weibo needs financing, which is a real problem in front of Mr. Jia. Xinlang Weibo must be financed, otherwise it will die.
During the negotiation process, Xinlang Weibo was obviously at a disadvantage.
After all, Weibo has already found some capital from the United States, and the other party did not accept the conditions offered by Xinlang Weibo.
Wang Xiang was too lazy to talk nonsense with him.
The conditions have been laid out. If you want to sell, you will sell it, and if you don¡¯t sell it, you will pull it down.
Wang Xiang said: "Mr. Jia, our plan has clearly stated that it is cash acquisition of 25% of the shares, not a share exchange of subsidiaries or other financial means."
"And our money is paid in one go, without any strings attached."
"I think this condition, whether it is Sequoia Capital, the senior management or Morgan, will definitely not be able to make it."
It is really attractive to buy cash in one step!
Wang Xiang added: "And we made it very clear in the plan that we will not interfere with the operation of Weibo."
The acquisition of a 25% stake for 200 million meters is not the bottom line of Changtian Technology.
Chen Xiao is very clear about the value of Xinlang Weibo in the future.
So the price of Changtian Technology may go up
Now that it's all here, let's look at the price link.
? Both parties no longer talk empty words and falsehoods.
Mr. Jia said in a difficult way: "Can the purchase price go up again? Or can the shares go down?"
Xinlang Weibo was originally backed by the giant Xinlang of the portal website, so it was not short of money at all, and did not need financing.
Unexpectedly, the development has now found that competitors have risen, and I can't produce my own content, and the increase in users is not as much as I imagined, and I am short of money.
The most important thing is that Xinlang's large investment in the early stage has approached the limit. Weibo is still unable to make a profit, so there is thisSky Technology must have a veto power in order to protect our interests. "
"And we're going to protect our rights by taking part in changing the bylaws by which the board operates."
These conditions were all considered by Chen Xiao in advance.
After Changtian Technology acquired 25% of Weibo's equity, what it wants is not Weibo's little dividend.
With such a small dividend, Changtian Technology still doesn't like it, so it's better to sell more chips.
The 25% equity is mainly to let Changtian Technology have a sense of participation, and has an advantageous position in the future Internet network discourse power.
In the future, Weibo will become an important position of online public opinion, even an irreplaceable position.
After Changtian Technology owns 25% of Weibo's shares, Chen Xiao believes that if Changtian Technology is not happy with all the news related to Changtian Technology on the Weibo platform, then the relevant news will definitely not be released. Not to mention the unfriendly remarks against Changtian Technology.
This is the significance of 25% equity.
The one-vote veto power is to ensure that Changtian Technology can protect its own interests from infringement in the future operation of Weibo or in the process of refinancing and IPO.
Funding and equity are easy to talk about, but the one-vote veto makes Jialai hesitate.
Jia said: "Mr. Wang, please give us some time-related information, and we will report to the head office."
Wang Xiang's facial expression became serious at this time, "Mr. Jia, we only give you two hours, I hope you can reply to me in two hours. Changtian Technology will do what it says, if two Hours later, we have not received a definite reply from your company, and this negotiation will be put on hold indefinitely."
Jia Lai also became nervous, because he believed that every word Changtian Technology said must be implemented. This is the influence and credibility of a company outside.
Jia said: "Two hours is two hours."
Jia Lai quickly returned to the hotel with the team, and then called the chief engineering company to apply for a video conference.
Before the two-hour limit, Xinlang's top management finally reached a consensus - agreeing to the acquisition agreement of Changtian Technology.
Jia Lai immediately informed Wang Xiang of the headquarters' decision, and the two parties immediately signed a financing agreement.
Changtian Yuanfang Venture Capital, a wholly-owned subsidiary of Changtian Technology, purchased a 25% stake in Xinlang Weibo with cash worth 250 million dollars. After the acquisition, Changtian Technology will own 25% of the equity in Xinlang Weibo. 25% of voting rights plus one veto of the board of directors.
The shareholding structure of Xinlang Weibo is as follows.
Heart wave: 70%
? Long Sky Technology: 25%
? Xinlang executives (individual) 5%:
After the cooperation was signed, Jia Lai and his team returned to Yanjing very excitedly, and the financial matter was resolved, which is definitely good for Xinlang Weibo.
Weibo immediately announced the relevant news, which attracted the attention of the media industry and made Penguin nervous.
In the media circle, this is how everyone commented on the equity acquisition agreement this time.
"When Changtian Technology was attacked in the public opinion circle, the measures they took were not only to fight back against the attacker, but to acquire part of the equity of the platform media."
"If you scold me, I'll buy you and shut you up! Pride!"
And the most worrying thing is of course the penguins.
Weibo was not first invented by Xia people, but was modeled after foreign Twitter.
In the first half of 2010, the number of tweets on Twitter has exceeded 5 billion, and the valuation of Twitter has reached tens of billions of dollars.
It's because of seeing how popular Twitter is that Xinlang started Weibo, and Penguin immediately followed up.
Penguin is just waiting for Xinlang Weibo to run out of money, and his own Weibo can achieve a monopoly in the industry.
Unexpectedly, Changtian Technology actually invested in Xinlang Weibo at a price of 250 million meters, which made Penguin Weibo face severe challenges.
When it comes to money, Penguin certainly thinks he is rich, but compared with the technology giant Changtian Technology, Penguin's little money is really nothing.
Shenzhen City, Penguin Headquarters.
The Penguin Weibo business group quickly assessed the impact of Changtian Technology's acquisition of 25% of Weibo's equity.
And at the headquarters of Xinlang Weibo, it seems that in order to submit the nomination certificate to Changtian Technology, Mr. Jia ordered that all negative topics about Changtian Technology on Weibo be clipped (deleted), and the negative news of Xinyan Media was specifically included. It was Hu Ming's negative news that made the headlines.
This time, Xinyan Media's Weibo exploded!
Except insults, all insults.
"What is your intention to ask a Hanjian to write a commentator's article criticizing Changtian Technology, which has made great contributions to the country in the field of science and technology?"
"Xinyan media is too disgusting, and the food is too ugly. I strongly demand that Hu Ming be fired."
"When will junk media go bankrupt?"
The senior executives of Xinyan Media are very nervous at this time, and there are still 12 hours before the deadline given by Changtian Technology.nbsp; This time, Xinyan Media's Weibo exploded!
Except insults, all insults.
"What is your intention to ask a Hanjian to write a commentator's article criticizing Changtian Technology, which has made great contributions to the country in the field of science and technology?"
"Xinyan media is too disgusting, and the food is too ugly. I strongly demand that Hu Ming be fired."
"When will junk media go bankrupt?"
The senior management of Xinyan Media is very nervous at this time, and there are still 12 hours before the deadline given by Changtian Technology. - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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