Reborn multinational giant

"President Fang, this is the situation. Now other shareholders agree to postpone the signing of a share increase agreement with Huizhong. Although Li Xueling has not expressed his opinion yet, I think he should mean it too!" April 1, April Fools' Day, Fang Zhe received a call from Li Shuo, who was dispatched by Huizhong to YY as a director.

On the phone, Li Shuo told Fang Zhe that just yesterday, Tencent sent someone to contact YY's senior management and expressed its intention to acquire Huanju Times, where YY is located, and the disgusting Ma Zong and Tencent at a price of no less than 200 million US dollars. Even before Huizhong and YY formally signed the share rights agreement, they interrupted the situation.

Although today is April Fools’ Day, Fang Zhe doesn’t think it’s Li Shuoxian’s okay joking with him. The previous Tencent did make a purchase request to YY in 10 years, but the price was 150 million US dollars. , I did not expect this event to happen in this life, and the price given by Tencent was even more than 50 million US dollars higher than the previous life, which is equivalent to more than 300 million yuan. Ma Zong and Tencent are really enough!

Fang Zhe thought about it carefully, and immediately understood why Tencent’s offer in this life would be one-third higher than in the previous life. Perhaps the main reason is that Huizhong is one of YY’s shareholders and Huizhong introduced steam to China. , So that YY in this life has better development and potential than in the past.

Nowadays, the total number of registered users of YY has approached the threshold of one hundred million, which makes QQ, which is also a PC software, feel a great threat. Coupled with the participation of Huizhong, Tencent has reason to believe that YY can continue. If it continues to develop, it will threaten QQ's nearly monopoly in the computer-side social networking field.

Although the business attributes and user portraits currently displayed by YY, most of the YY users belong to game players and entertainment users, but these users were originally considered by Tencent to be in the pocket of its own QQ. YY took away the QQ. Of game users, it is tantamount to threatening the important profit pillar Tencent wants to monetize through games.

In particular, YY and Huizhong’s steam China is as gluey as it is, and it makes President Ma feel uncomfortable. Therefore, now President Ma has also come to join Geying YY and Huizhong, especially Geying, who made a big splash at the IT summit. Fang Zhe.

Fang Zhe believes that even if Tencent is very interested and determined to acquire YY, it will not spend too much capital, because the core of Tencent is always QQ. Even if Tencent can really win YY, Mr. Ma must tie YY to In one framework, YY and QQ can be more differentiated, to make up for the areas and markets that QQ cannot reach, instead of grabbing users with QQ.

In addition, Huizhong and Fang Zhe, as one of the shareholders of YY, also do not want to see Tencent acquire YY. It can be said that Tencent wants to completely acquire YY, which is almost impossible.

Therefore, Fang Zhe felt that Mr. Ma and Tencent deliberately made this out this time, purely to make him sick.

However, it is one thing to understand the reasons for this, and how to deal with it is another matter. Let’s say that Li Shuo reports to him the attitude of other shareholders of YY and the largest shareholder and founder of YY, Li Xueling. Very interesting.

Among the shareholders of YY, in addition to Huizhong, Mr. Lei, and founder Li Xueling, there are also two other major shareholders and a group of small shareholders including the international venture capital fund GGV. For these shareholders, if the timing and return are right, That exit is also a very negotiable thing. After all, their main purpose of investing in YY is to make money.

In April last year, GGV invested 23 million U.S. dollars in YY. At that time, YY's valuation was only about 100 million U.S. dollars. Now Tencent promises to purchase at a price of no less than 200 million U.S. dollars, and it is still cash. The GGV investment alone will make a net profit of 2,000. More than ten thousand dollars.

Not to mention those shareholders who invested in YY earlier, so now that other shareholders of YY want to postpone the signing of the share increase agreement with Huizhong, it is not surprising that YY founder and chief executive Li Xueling can't make up his mind.

If Li Xueling agrees to sell YY, then with the shares he owns in YY, he can instantly become a real billionaire, instead of just an imaginary number propped up by valuation as before.

"You arrange for Li Xueling to meet with me. The sooner the better, don't delay the signing ceremony scheduled for next Friday!" Fang Zhe finished explaining to Li Shuo and hung up the phone, although his previous life Li Xueling did not accept Tencent's olive branch. Sell ​​YY, but the ghost knows whether there will be any changes in this life, even if Li Xueling or other shareholders sell part of the shares to Tencent, that is not what Fang Zhe would like to see.

In his previous life, Li Xueling made the decision not to accept Tencent’s acquisition and struggled for a month. Now Fang Zhe has no time to wait for him to do his own psychological struggle. The signing ceremony for the share increase agreed by Huizhong and YY will be next week. Fifth, Fang Zhe did not intend to postpone or postpone this matter. He increased shares in YY earlier, which is related to Fang Zhe's series of plans against Tencent.

On Sunday, April 4, in the private room on the third floor of the Century Restaurant in Wudaokou, Zhongguancun, Fang Zhe and Li Xueling, accompanied by Li Shuo and another high-level YY, were eating and chatting.

Although Huizhong became a shareholder of YY as early as last year, this was the first time that Fang Zhe met Li Xueling. The trivial matters between Huizhong and YY were also handled by Li Shuo. Fang Zhe’s only time YY related matters, that is, I specifically asked Mr. Lei to be a lobbyist, persuading Li Xueling and other senior YYs to agree to Huizhong's shareholding.

This time, Mr. Lei, as the third largest shareholder of YY, naturally knew about Tencent’s interception of Hu, but without exception, he was on the side of Fang Zhe and Huizhong. Tencent’s acquisition of YY, at best Let Lei always get a lot of wealth, but in contrast, he is more willing to sell Huizhong and Fang Zhe a favor, to better maintain his relationship with Fang Zhe and Xiaomi and Huizhong.

Mr. Lei originally planned to come over to help Fang Zhe be a lobbyist again today, but Fang Zhe refused. Mr. Lei helped Fang Zhe and Huizhong to be a lobbyist once. If he helped Fang Zhe and Huizhong again, it would inevitably damage him and others. The relationship between shareholders and founder Li Xueling.

Of course, even if Mr. Lei doesn’t care about this, Fang Zhe doesn’t want to owe more favors to Mr. Lei, which is much harder than money. Moreover, Fang Zhe is also very confident, using his ability to persuade Li Xueling to stand firmly with him Huizhong has given up the nonsensical idea of ​​selling YY to Tencent.

"President Fang, I would like to toast you first, thank you and Huizhong for your support and care of our company!" Li Xueling is also interested. Although he is more than ten years older than Fang Zhe, he clearly understands the mall. For the reason of speaking with skill, it can be said that in today's Internet industry, except for the three big bats and some who do not know how to promote, who should not call "Fang President" or "you" in front of Fang Zhe?