Coal Mine Sells Hundreds Of Billions: I Support Half Of The Entertainment Circle
Chapter Ten Investment Rejection
Faced with PONY Ma's acquiescence, Lin Xuan did not show anger, but looked at PONY Ma with a calmness rarely seen in this age group, and said flatly:
"PONY, would you like to hear my offer?"
Although Ma Huateng heard that Lin Xuan's Shenghua investment came from the coal industry, he had already decided not to let the other party take a stake.
After all, this year he has already planned to list Penguin on the Hong Kong stock market.
If the management has a coal-backed enterprise, it may reduce the value of Penguin.
However, in any case, after listening to the other party's quotation, he also wanted to see how the rumored coal boss who was not short of money was really not short of money.
"200 million dollars, how about buying 40% of Penguin's shares?"
Lin Xuan directly gave the other party a valuation of 400 million U.S. dollars, which is about 3.3 billion Chinese dollars.
You must know that in June 2001, the South African MIH company acquired 20% of the shares held by Li Zekai's Yingke, which was only 12.6 million US dollars.
In two and a half years, the 20% stake was worth $100 million.
Equivalent to two years, Penguin shares rose 8 times.
And if counting the investment in Penguin by IDG Capital and Gangjiang Yingke in 2000,
At the beginning, the two parties obtained 40% of the shares for US$5.5 million.
It is equivalent to more than three years, and it has obtained a valuation close to 40 times.
To be honest, PONY Ma was very excited for a moment, and he also regarded Lin Xuan as a big dog in his heart.
But thinking that he and other founders just redeemed a small amount of shares in IDG and MIH in South Africa in August last year,
Reach and South Africa MIH company each hold 50% of the shares.
At this time, Penguin couldn't take out 40% of the shares at all.
Unless you choose financing dilution, but in that case, the founder's shareholding will be much lower.
This is very disadvantageous.
Of course, if Penguin can inject 200 million US dollars in cash, it will also be of great benefit to Penguin's development.
Many projects due to lack of money can be developed, and capital expansion can be carried out faster.
Still, that sentence.
Lin Xuan didn't come at the right time. At this time, Penguin was preparing for the listing.
Coupled with the fact that all kinds of businesses are doing well, no one in Penguin is stupid enough to sell shares at this time.
"Sorry, Mr. Lin, Penguin has no plans to raise funds for the time being!"
PONY Ma said apologetically
"That's it!" Lin Xuan didn't show any expression when he heard the words, and said calmly:
"Forget it, I'm just optimistic about Penguin's development and want to invest in it. Since you are not short of money, I can't force it!"
After speaking, he stood up from the sofa.
"Then I will take my leave!"
"I'm very sorry!" PONY Ma said.
Immediately, Lin Xuan left the office.
From the beginning to the end, Ma Huateng and Zhang Zidong looked indifferent and rejected others thousands of miles away.
Not even willing to give it away.
Wait for Lin Xuan to walk out of the office.
Wang Jun, the fox, the mouse, and Qiangzi are all waiting outside.
As professional bodyguards, they didn't ask the boss about it, because it was none of their business.
However, Wang Jun and others still saw Lin Xuan's gloomy and terrifying face when he left the office.
"let's go!"
Lin Xuan said bluntly
"Yes!" Everyone followed.
When walking out of the Penguin front desk, Hu Xiaoxi, who was the receptionist, originally wanted to say hello,
But I saw everyone, including Lin Xuan, had serious faces, with displeasure written all over their faces.
She immediately shut up.
"It's a pity, what a handsome guy!" she thought to herself.
On the other hand, Lin Xuan who walked down the old building of SEG Digital was actually a little angry at this time.
He really didn't expect that the first investment in his life would end in failure.
In fact, Lin Xuan also understood the reason why Mahuateng rejected the investment,
Because for him, Huasheng Investment can't bring any benefits to Penguin except money.
If you invest in Sequoia, a world-renowned investor like Goldman Sachs.
Penguin may not refuse all at once, at least talk about it.
"It's still not famous enough!" Lin Xuan sighed.
In fact, he has made a lot of preparations for coming to Penguin today. If Penguin agrees to his investment,
He has a lot of experience in later generations, which can save Ma Huateng from many detours.
For example, the popular QQ zone, QQ music, games and so on in the future.
If the Penguins can take his advice, it is estimated that they can reach the peak many years in advance.
However, this was rejected by Ma Huateng.
However, Lin Xuan did not give up.
Soon he contacted Wang Dawei, vice president of flower planting at MIH in South Africa through the "Yellow Pages".
And this Wang Dawei is one of the biggest contributors to the success of Penguin in later generations.
In 2000, when Penguin's capital chain was about to break, MIH of South Africa not only bought the shares of Yingke and IDG with a lot of money,
Also because of MIH's financing, Penguin was brought back to life.
This is when Monternet was born.
Otherwise, perhaps this penguin would have gone bankrupt due to lack of capital chain.
So, Wang Dawei saved the penguins.
At this time, when Wang Dawei heard that a company wanted to acquire shares in Penguin, he would refuse it without even thinking about it.
Because it was like the first time he went to the old building of SEG Digital Science and Technology Park and saw the twisted vines, he was sure of the potential of penguins.
Now under his persuasion, MIH has invested a huge amount of money to occupy 50% of Penguin's shares.
Seeing that Penguin is about to start the listing plan, it is estimated that no company is willing to leave now.
However, as the vice president of the company, he also understands that there is nothing in this world that cannot be sold.
If the other party is really willing to pay a super high price.
This deal is also done, otherwise, once this matter is brought to the head office,
He is not easy to explain.
In this way, the two parties made an appointment to meet at the circular revolving restaurant on the top floor of the Penglin Hotel in Pengcheng at night.
After hearing the "Shenghua Investment" proposed by Lin Xuan, Wang Dawei was actually confused.
However, whether you have heard of it or not, as long as you have money.
He will not underestimate the other party. You must know that whether it is Goldman Sachs, Sequoia, Merrill Lynch, or Morgan Stanley, they have grown from small to big step by step.
"I am willing to pay 300 million U.S. dollars to acquire 50% of Penguin shares held by your company!"
Lin Xuan at the dinner table, said
Wang Dawei was also surprised when he heard the price. You must know that on Penguin shares,
MIH included the acquisition of Yingke and IDG shares, and the total amount did not exceed US$30 million.
Now you can get 10 times the profit at once. If MIH is just a pure investment company,
Perhaps this deal is likely to be able to be reached.
However, MIH South Africa is not only an investment group, but also the largest pay TV operator in South Africa. It is listed on Nasdaq and Amsterdam at the same time. It has invested in new media in emerging countries for many years.
In 1997, MIH entered the florist and participated in the investment of "Tiandu Youth Daily" and pulse network,
And as penguins become more and more important on the internet of florists, penguins at this time have become a part of MIH's strategic investment.
MIH hopes to use Penguin to increase its influence in the world's largest emerging market of florists.
It's not about money anymore.
However, Wang Dawei did not say the matter to death. After all, it involves a huge transaction volume of 300 million U.S. dollars.
It's not that he, the vice president of the flower planting area, can make decisions on his own.
"Sorry, I can't decide this matter, I need to report to the headquarters!"
Wang Dawei is very polite.
"It's understandable. Recently, I've been waiting in Pengcheng for Mr. Wang's reply as soon as possible!"
Lin Xuan said.
"Definitely, no matter whether the headquarters can agree to this transaction or not, I will tell Mr. Lin as soon as possible!"
Wang Dawei said.
However, even though it was said so, after waiting for three days in a row,
Lin Xuan only got a reply from Wang Dawei, and the MIH headquarters rejected Lin Xuan's offer.
In addition, I don't know how the news leaked.
The founder team of the company also strongly opposed Shenghua's acquisition of Penguin shares.
Ma Huateng also said that if MIH agrees to sell the shares, he will directly divest the QQ business from the company.
Even PONY Ma also said,
We are a technology company, how can we let a coal digger buy a share, and the price cannot be lowered.
On February 25th, seven o'clock in the evening, that is, four days after Lin Xuan arrived in Pengcheng.
"Sorry, Mr. Lin, the headquarters rejected your company's quotation, and PONY also..."
Wang Dawei repeated Mahua Fujiwara's words on the phone.
"I see, then thank Mr. Wang!"
After Lin Xuan said a few pleasantries with the other party, he hung up the phone.
Throwing away his latest Nokia 3200, Lin Xuan, who was wearing a silk nightgown, came to the large French windows of the hotel with a glass of red wine.
He looked into the distance.
From here, you can see the scenery of the Hong Kong River in the distance.
"Hmph!" Lin Xuan sneered.
In his previous life, he was an old man with billions of debts, but after his rebirth, he can own a billionaire.
The failure of this investment in penguins made him understand that even rebirth is not a panacea.
Don't take anyone for a fool.
As some novels say, you can buy Penguin with a sum of money, and then occupy this trillion-dollar unicorn enterprise,
This kind of thing is too taken for granted.
Of course, if it was Penguin's start-up, or in 2000 when Penguin was at its most difficult.
Ma Huateng does have plans to sell the penguins.
However, after that time period, such a thing is absolutely impossible.
The next day, on February 25, Lin Xuan left Pengcheng.
After all, there was no point in staying here any longer. Maybe if he was willing to spend money, he would definitely be able to get some original penguin shares.
However, this part of the stake must be very scarce.
And since Ma Huateng is unwilling, as the saying goes, a twisted melon is not sweet,
Naturally, Lin Xuan would not hang himself from a tree.
At this time, Ma Huateng, who was preparing for the Hong Kong stock market listing, would never have thought that,
The willful decision he made this time will personally ruin Penguin's future rise.
This is also in the future, something that he regrets so much that his intestines are green.
(PS: The new book asks for an ending, flowers, evaluation votes, your support is the motivation of the author)
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