When Yang Zhiyuan asked Li Feng for financing, Li Feng was stunned! Could this be Yang Zhiyuan's strong sense of justice?

The reason why Li Feng was stupid was certainly not because Yang Zhiyuan wanted to invest in Fengrui so strongly, but if Li Feng remembered correctly, the money from Yahoo in his previous life should have been taken away by Alibaba.

It was precisely because of this money that Alibaba defeated eBay and later became Alibaba. Although later, when Alibaba became bigger, Mr. Ma claimed all day long that he had acquired Yahoo China, and also said that he regretted the acquisition of Yahoo.

What did Mr. Ma say, "Haha". With the size of Yahoo at that time, it would have been more than ten Alibaba purchases. And if it hadn't been for Yahoo's investment, it is not certain that Alibaba would have existed. Li Feng even thought,

If I really take this money in the end, can Ali still rise?

When Yang Zhiyuan saw that Li Feng had not responded for a long time, he thought that Li Feng was considering his financing opinions and quietly drank the tea that Long Xiaotian had just poured. At this time, he no longer said that he did not like drinking tea.

In fact, before coming, Yang Zhiyuan discussed with Sun Zhengyi the financing strategy when negotiating with Fengrui. One acted as a "white face" and the other acted as a "black face." That's why Yang Zhiyuan is so strong.

Of course, the reason why Sun Zhengyi is willing to play this role with Yang Zhiyuan is because Sun Zhengyi is no longer satisfied with this small share in Fengrui and does not even have the right to speak. This makes Sun Zhengyi feel uncomfortable. In the final analysis, it is also a matter of watching

I got on the big cake of "Feng Rui" and wanted to take a bite. After all, everyone could see that Fen Rui had a great "money" future.

Therefore, on the one hand, Sun Zhengyi mentioned that he had fulfilled the "gambling agreement" and gained Li Feng's favor. On the other hand, he also wanted to increase his voice through Yang Zhiyuan's financing. After all, SoftBank is also Yahoo's major shareholder.

Long Xiaotian next to him saw this kind of negotiation involving the company's equity for the first time. Even though he had some sharp shares, he was so frightened that he didn't dare to breathe. He drank tea alone and kept talking.

Pour some tea with the others.

And Yang Zhiyuan realized that the time was almost up, and directly said: "Mr. Li, don't you like gambling? Then let's bet big..."

Before Yang Zhiyuan could finish speaking, he was directly interrupted by Li Feng. Li Feng bent forward and said: "Mr. Yang, you seem to have misunderstood. Fengrui does not have any financing needs at the moment, so I'm sorry.

Already..."

Yang Zhiyuan "coughed" several times in succession, as if he was choking on a fish bone, and almost died from Li Feng.

For a while, the atmosphere was a bit awkward.

At this time, Sun Zhengyi stood up and spoke again: "Li Jun, Yang Jun is also eager to invest. Although his attitude is a bit bad, he is also optimistic about our Fengrui. Moreover, Fengrui has only raised funds twice, and each time it was

10%,

What's more, Yahoo's sincerity is also good. Not only does it have 1 billion US dollars in cash, but it also has the entire Yahoo China as a dowry. Yahoo China is worth at least 450 million US dollars, and doesn't Li Jun like technical talents the most?

There are also many technical masters,

And this also shows that Yahoo's pre-existing valuation of Fengrui is close to the valuation of 1.5 billion US dollars. I think Li Jun can think about it. Who would think that the money is too much! What if Yahoo invests money in Fengrui?

What about other competitors! For example, Shengda or something..."

After Son Zhengyi finished speaking, Li Feng also fell into thinking while drinking tea.

Li Feng did not put Sun Zhengyi's last threat in front of him. What Li Feng was thinking about was whether he wanted the money? Although Fengrui doesn't need the money now, as Sun Zhengyi said just now, there is really no shortage of that company.

Where's the money!

If so, how many shares should be diluted? What should Fengrui's valuation be? These are all a series of questions, and Liu Zhiping is not by his side yet, so he can't give himself a reference.

After a while, Li Feng thought for a while and said: "Since Mr. Sun has said it, I, Li Feng, have to give face. However, Yahoo's valuation of Fengrui is still a bit low. When MIH raised funds some time ago, our Fengrui

Calculated at US$2 billion..."

Before Li Feng finished speaking, Yang Zhiyuan gave his own answer: "Then Fengrui will invest 2 billion U.S. dollars, and we, Yahoo, will invest 1 billion U.S. dollars, plus Yahoo China, accounting for 35% of Fengrui's shares is not too much.

"

Li Feng shook his head repeatedly and said: "That was before MIH's financing, but it will be different after the financing. Fengrui has successfully acquired Tencent and has monopolized the entire social field, and online games are also one of the top overlords.

To be honest, if MIH didn’t hold a large number of Tencent shares, I wouldn’t have let MIH invest in Fengrui, so I think Fengrui would need at least US$3 billion now..."

Before Li Feng could finish speaking, he was interrupted again by Yang Zhiyuan, who directly exclaimed: "Mr. Li, how do you calculate that China can have such a powerful Internet company!"

Li Feng waved his hand and said, "Don't worry about how I calculated it. I think Fengrui is worth just this much. So let me ask you, what is Xinlang's current market value?"

"One billion U.S. dollars," Yang Zhiyuan said.

"What about Shengda Network?" Li Feng asked.

"About 1.2 billion U.S. dollars." Yang Zhiyuan said.

"Then the entire Shengda Group is worth almost 2 billion US dollars. It's just not worth it, but it's about the same. You see, our online game field is no worse than Shengda. Now we only have one online game, and we also have "World of Warcraft"

kind of epic masterpiece,

In the social field, we are now the absolute overlord, and we will launch our portal in a while. Even the editor-in-chief of Xinlang was hired by me, the same one you met when you first came here.

Xinlang Gashengda equals Fengrui, and this is not a simple addition. I have a huge number of Internet users on social media, which can be directly monetized by importing them into my online game field. My valuation algorithm is very reasonable. Fengrui is worth 30

Hundreds of millions of dollars, right?”

At this time, Yang Zhiyuan was confused by Li Feng and subconsciously said: "Yes, it's worth 3 billion US dollars."

On the other hand, Sun Zhengyi, who was standing next to him, said: "Li Jun, these are all post-IPO market values, and they all have a certain price-to-earnings ratio. Besides, the current ex-ante valuation of Fengrui cannot be calculated like this."

At this time, Yang Zhiyuan realized that he had been knocked unconscious by Li Feng just now, which made Yang Zhiyuan feel very embarrassed.

Yang Zhiyuan, who felt a little embarrassed, was really annoyed this time. Yang Zhiyuan stood up directly and said: "Mr. Li, let's not worry about valuation or market value. We, Yahoo, will add Yahoo China with 1 billion US dollars, accounting for Fengrui's post-financing share."

30% of the shares.”

Just when Li Feng was about to speak, Yang Zhiyuan shouted again: "Mr. Li, don't you like to bet? Then let's bet big too!

Didn’t you just say that Fengrui could be worth US$10 billion in three years and US$30 billion in five years? But the time you mentioned was the last time SoftBank raised capital, and it should be one year less now.

And you have already agreed to the 10 billion U.S. dollars. Then we will use four years as the limit. If Fengrui can be worth 30 billion U.S. dollars, I will lose another 10% of your shares. On the contrary, if you lose, you will lose another 10% of your shares.

How about giving me 10% of the shares, Mr. Li, let’s take a gamble or not!”

At the end of the story, Yang Zhiyuan's expression was a bit ferocious. He was almost taken into a ditch by Li Feng just now. This made Chief Yahoo very unhappy. Even Long Xiaotian, who was silent next to him, was startled.

"shoot!"

Li Feng directly tapped the tea table in front of him, which not only shocked Long Xiaotian, but also Yang Zhiyuan and Sun Zhengyi.

After Li Feng patted him, he stood up and said to Yang Zhiyuan: "Okay! It's no wonder he is the chief of Yahoo! He is indeed so heroic! In that case, should we make a bigger bet?

Taking four years as the boundary, if Fengrui can be worth 50 billion US dollars, you will lose 20% of my shares. On the contrary, if I lose, I will give you another 20% of the shares. How about it, Mr. Yang, I can’t bet.
Chapter completed!