The rebirth of the wife and children

124 Chapter 360

After hearing this, Zhou Hongyi stood up and said, "No problem. I also like to make friends with young heroes like Boss Shang. When you're done with work, you can take a few photos without any problem."

"Since everyone is here, let's sit down and chat." Wang Gaowei returned to his seat with a smile.

As the host, he was the first to speak: "If I have anything to say, I'll just say it. Today is really a coincidence. Boss Shang and Lao Zhou came here for the shares of Toutiao that Sina Weibo is going to sell. Tell me about it. Who should I sell it to?"

He looked embarrassed: "Oh, Lao Zhou and I have been old friends for many years. Manager Chen of Haifei Capital is also a friend I knew before. Selling to any of you will hurt the harmony of the other family. It's really embarrassing." me."

Shang Fuhai really wanted to slap him.

He came here in a hurry from Bo City, just because the other party said he wanted to chat with him face to face, but he didn't expect that after arriving, the other party would play such a trick, and he even found another investor.

Is it a trustee who competes with me to raise the price?Or do you really want to grab the 5% stake?

Shang Fuhai has no clue yet.

Zhou Hongyi's expression hardly changed, and he was still smiling. This is an essential skill for him to survive under the hail of bullets.

He has experienced too many scenes like the one in front of him.

When I was an angel investor in the past, including when I was a capital fund operation, I didn’t see what kind of situation. Compared with those who want to, it’s nothing to worry about now.

Besides...

"Boss Shang, I want to know, how much do you think Toutiao is worth now?" Zhou Hongyi looked directly at Shang Fuhai.

Shang Fuhai wondered, what does this mean?

Unable to understand, he still said: "15 billion US dollars."

"15 billion? Do you know what its C round valuation was last year?"

"Of course, 5 million U.S. dollars." Shang Fuhai said it directly. This is no secret, and there are reports everywhere on the Internet.

Zhou Hongyi continued to ask: "In other words, do you think that after this year's development, its valuation has tripled?"

"This price is still a bit inflated. I know that Sequoia Capital's current valuation is 2 times, and Heiner Capital's valuation is higher, 2.5 times." Shang Fuhai said.

Zhou Hongyi pinched the tip of his nose subconsciously, and asked, "Since you know that their valuations are all lower than yours, why do you still quote them so high?"

Shang Fuhai looked at Zhou Hongyi as if looking at a fool, "Old Zhou, what do you mean?"We are here to compete. Is it really okay for you to do this?

Why didn't I feel your hostility, hiding it?

He spread his hands and shrugged helplessly: "I'm not as famous as them, and the offer is less, will Mr. Wang sell it to me?"

This left the topic to Wang Gaoxiao.

Wang Gaowei shook his head: "Naturally, it is impossible. Sina Weibo is not short of money, and the directors have no intention of selling shares in Toutiao. I still hesitate to talk about it."

But when he said that Sina Weibo was not short of money, Shang Fuhai suddenly remembered something, which was a joke he read from the Internet.

It is said that not long after the end of Toutiao’s C round of financing, Sina Weibo and 360 both sold all their shares in Toutiao. It was the directors of Qihoo 360 who even forced Lao Zhou to clear the shares of Toutiao...

Just now when Wang Gaowei said that Sina Weibo was not short of money, Shang Fuhai suddenly flashed this "rumor" that he had seen before, and he was not sure whether it was true or not.

He thought for a while, and tentatively said: "Wang Dong, it must be very difficult for Sina Weibo to eat up the vacancy in the Weibo market left by Tencent and Netease."

Wang Gaowei subconsciously frowned into the word "Wang". He squinted his eyes and asked, "Boss Shang, what do you mean?"

"It's nothing, I just want our products to occupy a new market. What does it rely on? Advertising? Promotion? After all, it's money. Am I right?" Shang Fuhai recalled.

Then he ignored Wang Gaowei, and looked at Zhou Hongyi: "Dr. Zhou, 360 is free forever, and has occupied most of the market in the network security field, but I heard that you are now leading 360 to enter the smart hardware business and network technology. It’s different, the birth of every smart hardware product is also the accumulation of infinite amounts of capital.”

After he finished speaking, he didn't wait for the two to answer, and he continued to say: "I was in the catering industry at first, and 80% of my upfront expenses were spent on restaurant promotion, advertising, In terms of marketing activities and other expenses, that is to say, the line of my business has a fast return on payment and a decent profit, which allowed me to survive the initial stage..."

"Boss Shang, technology companies are different from physical companies. Besides, Sina Weibo and 360 have both been successfully listed on NASDAQ. We are not short of money." Wang Gaowei said.

It’s okay if he didn’t emphasize this, but once he emphasized this, Shang Fuhai deepened the credibility of the rumors. In essence, they are both personalized reading terminals, and you are essentially at odds with each other. Rather than saying that Sina Weibo is desperately fighting for the market gap left by Tencent and Netease, it is better to say that the two of you will grab it again, and Sina Weibo will take the next step. You will also compete for resources with today's headlines, so in essence, the direct competition between the two of you is like this, am I right..."

After he finished speaking, without waiting for Wang Gaoxiao to answer, he clenched his right fist and smashed his left palm, as if he was excited to discover a new world: "So, Sequoia Capital, which invested in Sina Weibo and Toutiao at the same time, only gave you 2 shares in your hand." The valuation is twice the premium, and Haina Capital, which invested in Toutiao itself but has scruples about Sina Weibo, only gave 2.5 times the price. After all, your Sina is bigger now, and they have scruples. I said right?"

"In this case, everything can be explained." Shang Fuhai's excitement was only for a short while, and his brows were squeezed together again: "But it's not completely right, there must be problems that I don't know about, but there are still problems that I don't know. It doesn't matter, Director Wang, I'll give you a three-fold premium, what do you think?"

Qihoo 360 actually owns a small portion of Toutiao’s shares. This was part of the co-investment in Toutiao’s B-round financing. During the C-round financing, 360 actually wanted to follow-up the investment, but it was given by Lao Cao of Sina Weibo. grab the first...

But none of this has anything to do with Shang Fuhai. He has one and only one goal now, to win the shares in Sina Weibo, and he doesn't have much money.

There was some silence in the meeting room, and this silence gradually turned into dullness as time went by, and the atmosphere became extremely depressing.

Shang Fuhai is happy to see such a situation happen.

Just now I learned that Zhou Hongyi's rushing out of the sky was as if they were forced by the heavy rain to hinder their speed when they came, and things that were obviously smooth sailed had a side effect.

But at this moment, Shang Fuhai combined his vague memory to figure it out, so he didn't worry anymore. He believed that Lao Zhou had no money, at least he didn't have such a budget.

Chapter 125 Fired the First Shot of Capital Operation

Shang Fuhai thought that he was full of calculations and had a sure chance of winning. Zhou Hongyi said: "Boss Shang, you are sure that I will not take over the shares in Sina? You may not know that I own 2% of Toutiao's shares. This was obtained at the time of the B round of financing.”

"..." Shang Fuhai remained silent, numb.

Zhou Hongyi thought he was scared, so he looked at Wang Gaowei and said, "Old Wang, how about this, I also accepted your shares at a three-fold premium, what do you think?"

"How to pay?" Wang Gaowei asked, which was equivalent to his agreement.

This really made Shang Fuhai's heart hang. Just now, he felt that he had calculated everything, thought everything through, and felt that the winning ticket was in his hands, but he didn't expect that Zhou Hongyi would make twists and turns again. Does he have any money?

Moreover, seeing what Wang Gaowei meant, he was about to agree to Zhou Hongyi's request, and Shang Fuhai felt his heart burst.

Han Zhengyu also became nervous. His forehead and palms were covered with sweat, and Chen Jingshu was not feeling well either. She didn't expect this matter to develop to this extent.

But when asked about the payment, Zhou Hongyi felt a little embarrassed, and he still smiled: "Well, Lao Wang, we have been friends for many years, and you also know that I am a man of one mind, so I will pay you 4% first." , I will pay the rest within a year, what do you think?"

"..." Wang Gao was speechless.

"(one_one)" Shang Fuhai stared.

Wang Gaowei is bitter. You, Zhou Hongyi, are obviously a king, but your head has turned into bronze. At this time, if you pay me in installments, the boat of friendship capsizes.

Shang Fuhai, who felt that the air was hot and dry, laughed directly, and laughed loudly regardless of the embarrassment of Wang Gaowei and Zhou Hongyi: "Wang Dong, I still say the same thing, 3 times the premium, I will pay in full, and you agree to sign the contract with us." If you don’t agree, I will turn around and leave, and I will never disturb Wang Dong for one more minute.”

"You young man, don't be aggressive." Zhou Hongyi really felt ashamed, but he had no choice but to let Shang Fuhai guess. Now Qihoo's internal funds are all used to invest in smart hardware. That's a big deal Many investment projects cost hundreds of millions and billions of dollars, and they don't see profits for a while.

For this reason, the members of the board of directors were very dissatisfied with him, and many people strongly asked him to sell the shares of Toutiao and exchange them for money first, taking advantage of the good market conditions.

So after receiving Wang Gaowei's phone invitation, Zhou Hongyi came here for two main purposes. One is that he wants to buy this part of the shares privately, but there is a problem. His private money is poured into various projects. It's too difficult to ask him to take out four or five billion yuan to buy this part of the shares, so he tentatively proposed the method of installment payment just now.

After his investment makes a profit, he will have ample money, and it is no problem to pay it off within a year.

But the first goal was not achieved, so they simply followed the board of directors' wishes, cleared the shares of Toutiao, and cashed in the profits.

You must know that they participated in Toutiao’s B round of co-investment in Toutiao in 13 years, and only took less than 300% of the shares. At that time, the investment was only more than [-] million US dollars!

Today, after the C round of financing, because the board of directors is not optimistic, 360 has not followed up with the investment, and the shares have been diluted to a little over 15%. Even these, on the basis of a valuation of 3000 billion, have already It's worth [-] million US dollars, just a little more.

In just two years, the initial humble investment has multiplied tenfold!

Shareholders on the board are satisfied.

It lasted until noon, but Wang Gaowei still didn't give up and wanted to sell more, Shang Fuhai gritted his teeth and refused to add more money, Zhou Hongyi became a complete boater.

To paraphrase a word, if you have no money in your hand, you will not be strong enough.

What about the chairman of a listed company, you can't even pay for it, even if you are listed on NASDAQ, no one will ignore you.

At noon, the company's executives ordered a set of dishes at a star-rated hotel outside, and delivered them directly to the conference room.

In the tense atmosphere, after the three waves had a hasty lunch, the negotiations continued.

At this time, it was not just Shang Fuhai who was fighting, Han Zhengyu and Chen Jingshu also showed their investment professionalism, grasping the fact that Wang Gaoyu was currently short of money and attacked continuously.

There was nothing Zhou Hongyi could do to help, he even hoped that the two parties would not make a deal, so that afterward he would contact Shang Fuhai privately to sell the shares held by 360.

I don't know how much money Shang Fuhai has, but he thinks, Shang Fuhai doesn't have too much money left. If the two sides really reach a deal, then when it's his turn, there may not be enough money .

This confrontation slowly passed from noon to the afternoon, the sun had turned to the back of the building, and the indoor lighting was turned on in the conference room.

"Snapped"

Shang Fuhai's face was covered with grease, his eyes were red, and his hair was messy. After nearly a day of intrigue, he was already very tired.

Fortunately, he was younger and more energetic. Compared with him, Wang Gaowei was in worse condition, while Zhou Hongyi was in much better condition because he was watching the excitement.

The two parties were still arguing, Shang Fuhai suddenly stood up, almost slamming his hands on the meeting table in front of him: "Wang Dong, if you agree or disagree, just say a word, as long as you sign the contract, I will guarantee that the funds will be fully paid within 15 working days." The amount is credited."

Old Shang made it clear that I was throwing money at you.

The saliva in Wang Gaowei's mouth was gone, no matter how many people he drank, his throat was about to smoke, and he just swallowed a golden voice: "Sign, sign... the contract, I'll tell Chairman Cao."

He tapped his fingers weakly on the notebook in front of him, ending the battle.

After fighting for a long time, I didn't fight for even a dime, and even almost lost 0.1 points.

As for the words about contacting Haina Capital and selling the shares to them at a low price, it was automatically filtered by the head at this moment.

"Snapped"

The two slender palms of Shang Fuhai and Wang Gaowei were joined together, which represented the conclusion of this deal.

It was too late in time, and there was no third-party notary. Shang Fuhai, on behalf of Haifei Capital, and Wang Gaowei, on behalf of Sina Weibo, initially signed an agreement. The legal contract has come into effect!

On June 2015, 6, Haifei Capital valued Toutiao at US$3 billion and acquired 15% of the shares held by Sina Weibo. Haifei Capital paid a high price of US$5 million, or about 7500 million yuan. Deal with Sina Weibo.

This is also Haifei Capital's first shot in the field of capital operation.

Chapter 126 Exposure and the Mystery Buyer

In the evening, Wang Gaowei formally invited the three members of Shang Fuhai and Zhou Hongyi's team to hold a grand celebration dinner together.

At the end of the dinner, Zhou Hongyi smiled and asked Shang Fuhai if he wanted to take a group photo.

Shang Fuhai hurriedly asked Han Zhengyu to take a few group photos of the two with his camera. After taking the photo with Zhou Hongyi, Shang Fuhai took some photos with Wang Gaowei.

He is ready to cherish these group photos. This is the first time in his life that he meets a big boss who was once elusive. Now he has confronted each other in reality and reached a cooperation.

After parting in the evening, Shang Fuhai received a text message from Zhou Hongyi, asking him if he was interested in buying another part of Toutiao's shares.

Shang Fuhai suspected that he drank too much and had problems with his eyes.

All the way back to the residence, he took out his mobile phone to take a closer look, and he was sure!

Shang Fuhai thought too much, but because he spent a whole day of tension today and drank a lot of wine in the evening, Shang Fuhai was too tired, he forgot to reply a text message to Zhou Hongyi first.

This night, Zhou Hongyi took out his mobile phone several times and waited for a reply. He suffered from insomnia.

When Shang Fuhai woke up the next morning, he vaguely remembered that he had forgotten something, and when he saw the second text message Zhou Hongyi sent him, he yelled strangely.

He hurriedly called Zhou Hongyi, the boss.

"Director Zhou, I can buy the shares in your hands"

"But I don't have that much money now"

"You must promise that I will pay in installments within one year." Shang Fuhai said three sentences to Zhou Hongyi, and Zhou Hongyi hung up the phone immediately after listening to the angry Zhou Hongyi.

Wang Bazi, you promised to pay off the 7500 million U.S. dollars to that old boy Wang Gaowei, and my 3000 million U.S. dollars has become an installment payment again. You are clearly looking down on me, Zhou, ah!

In the next few days, Shang Fuhai kept dealing with Wang Gaowei and Zhou Hongyi, and also called Li Chuanqing from time to time, reminding him to transfer the money as soon as possible.

The payment of 3 million yuan was enough for Li Chuanqing. He didn't regret procrastinating. On Monday of the second week, which was the fifth day after Shang Fuhai arrived in Beijing, all the money arrived in the account.

Another day later, Han Zhengyu began to execute the liquidation of Western Securities according to the plan. He finally liquidated all 77.39 lots at a high price of 7846, and cashed out more than 6000 million.

Then there were various transfers of 7000 million from the two branches, and the remaining funds in Shang Fuhai's hands were also pooled together. In the final calculation, the total funds were more than 5.1 million, which was much better than originally expected.

After paying the balance to Sina Weibo, he still has less than 4000 million left, which is already very good.

Just after he paid the money and the two parties reached the deal, Shang Fuhai found Zhou Hongyi with the balance in his hand.

But the thing is, according to Zhou Hongyi, the shares in his hand have been bought by Haina Asia.

It is also paid in full at a premium of 3 times, and the transaction is instant!

Shang Fuhai was depressed, he obviously flew to a piece of meat near his mouth, and just watched it fly away again.

It took more than 10 days to come to the capital this time. Although he had perfectly achieved the original goal, he still felt that there was a fly in the ointment because of Zhou Hongyi's time.