351. whatsapp acquisition 3
After a while, Parker came to the conference room, "Kum, Acton, you two come out and have something to confirm with you."
After looking at each other, the two stood up and left the conference room. Not long after, Bao Bufan also came to the conference room where Lu Zhou was.
"Mr. Lu, Mr. Lin." Bao Bufan nodded and signaled.
"Sequoia has never been willing to give up on the price of 200 million. The next negotiation is probably a protracted battle. The two need to be mentally prepared in advance."
Lu Zhou shook his head and smiled, "Mr. Bao, don't be under pressure. You can make appropriate concessions when it comes to price."
Bao Bufan was unhappy after hearing this, "Hey! Mr. Lu, this is really unnecessary. We Huaxing is entrusted by you, and we receive the commission you paid. With this alone, we will definitely not be able to ignore the interests of WeChat."
He then smiled, "What's more, in the eyes of the other party, we are originally in the same group. If we show weakness, it will be a problem for Sequoia to join the board of directors in the future."
Lu Zhou also smiled when he heard this. Bao Bufan was really a serious person. Of course, it was precisely because of this that Menggu's many financings frequently came to Huaxing to do a game.
For example, in addition to Huaxing, Orange Technology's financing was also another Fa organization to recruit business. Huaxing's valuation of Orange was 70 million, while another institution actually reported 120 million. At that time, Pan Feiwen signed a contract with another institution directly, but within two weeks he could only honestly find Huaxing. Because although the contract was signed, there was no way for investors to follow up, which was a waste of time and efficiency.
But to be honest, since Huaxing took over the orders from Mengguyun for 10 years, various businesses have been quite hot. As far as Lu Zhou knows, Huaxing has found JD.com for 1 billion US dollars in financing this year. To be honest, Menggu is a bit petty and stingy.
It’s also a benefit of being human and familiar with each other. Lu Zhou thought.
Luzhou Road, "Then I'll be fine."
After Lu Zhou finished speaking, he continued to ask, "Mr. Bao, is Huaxing currently preparing for the qualification application for underwriting of Xiangjiang brokerage and IPO?"
Bao Bufan suddenly felt a sudden stern when he heard this, and there was no leak of the news! You know, Huaxing has not yet announced this.
Bao Bufan said calmly, "Yes, Mr. Lu. I think if Mengguang wants to go public in Xiangjiang, it will be left to Huaxing to handle it."
He thought that it was not a secret anyway, so it would be better to sell a wave of business.
Lu Zhou laughed and said, "I naturally trust Mr. Bao. I think Huaxing also hopes to gradually transform from Fa to investment banking business. I am afraid that Mr. Bao will also be involved in the US stock and A-share IPO business.
At that time, I will still rely on Mr. Bao to support him."
After hearing this, Bao Bufan shook his head helplessly. Is this person so smart? He can see that he can see through things. He can see that Lu Zhou threw his business to Huaxing many times. First, he has indeed had sufficient business capabilities and was able to find financing, and secondly, it is also considered to be preparing for the future. Even if the underwriting business of Menggu Company listed in the future will inevitably be participated by multiple institutions, at least one person is familiar with it.
"That's it, let's talk about it later, Mr. Lu..."
And at this moment, Parker also brought Coomb and Acton from whatsapp back to the conference room.
Parker said, "Let's go, gentlemen. Let's get started."
......
The negotiations started at 9:30 in the morning and continued until 12:30 in the afternoon. The agenda early in the morning is the most important valuation issue.
After several confrontations, Lu Zhou could see that the two founders of whatsapp didn't care so much about whether the price was 100 million or 200 million. They completely threw the dominance to Sequoia. Anyway, you don't have to control it yourself, so you are not happy to be idle. With Sequoia's shrewdness, it is absolutely impossible to make them suffer losses.
The reason why Sequoia is so sensitive to the acquisition price is naturally because this price will ultimately affect the amount of shares obtained by WeChat.
But there is no doubt that everyone believed what Lu Zhou said: whatsapp just failed to win-win, and the future was better after being acquired.
On the scene, there are professionals on several sides. Occasionally, if there are objections to some terms, lawyers will come in to correct them. But if you really want to talk about it, it is really a virtue to bargain with the vegetable market.
"It's cheaper, the boss, that one is not as expensive as it sells."
"It's not expensive, girl. I've bought a lot of people recently, so it's hard to buy anywhere."
"Oh, then forget it, it's expensive."
"Oh no, I'll give you two cents cheaper."
"Get another onion seedlings, boss..."
Lu Zhou was stunned during the meal, remembering the occasional scene of visiting the vegetable market with Ye Qingchen.
He glanced at Bao Bufan beside him, and saw that his forehead was sweating like rain, and the collar of his neck had been wet. As for the water in the water cup, it was added and added.
Bao Bufan also looked at Luzhou, then wrote a few words on the paper. Luzhou thought about it and nodded to him.
Bao Bufan said, "In this way, 150 million yuan. Sequoia B+ financing round will be 5 million more."
Opposite the table, Parker looked a little embarrassed, and it was really uncomfortable to argue for several hours.
He whispered to Acton, and then said, "Mr. Bao, this is the case. But what Mr. Acton hopes is that based on this quotation, the computing service provided by Mengguyun can be provided for whatsapp for free for one year. In fact, the company's cash flow was limited before, so I hope it can understand."
Bao Bufan breathed a sigh of relief after hearing this, but Lu Zhou said in his ear, "The onion seedlings are a bit big. It is okay to supply some for free, but there are restrictions. This one is put on hold first and we will talk about it later."
Joke, who knows what kind of virtue you can make in a year? If it is really not limited to supply, it will be difficult to guarantee that Meng Guyun will have to bear huge losses.
After hearing this, Bao Bufan also communicated with Parker, but the few parties had no big opinions.
Parker glanced at the time, and then he said to his colleague beside him, "Jenny, ask the colleagues who were receiving him to order a few meals across the street."
"Gentlemen, don't mind eating and talking."
Road boat, "..."
He lowered his head and said to Bao Bufan, "These business negotiations are all like this today?"
Bao Bufan smiled awkwardly after hearing this, "Maybe it's Mr. Parker's personal style."
That's really a tm.
Lu Zhou smiled, "It's OK. Keep going."
Parker smiled slightly and then said, "After all, Mr. Lu, the return ticket you booked is tomorrow morning. I think it is necessary to squeeze out some time to avoid some details not having enough time to communicate."
Chapter completed!