rebirth of cataclysm

"Mr. Schultz, it seems that you have put a lot of effort into me." Hu Mingchen shrugged.

"Children, there is a very philosophical old saying in China. Know yourself and the enemy and you will never be in danger. Although this sentence is about military affairs, it is the same in the business world. Of course, my example may not be very appropriate here. I did not mean it.

Treat you as enemies

Not only are we not enemies, but in my opinion, we should be friends and partners. To tell you the truth, I had no intention of coming to China on this trip, but you attracted me and prompted me to come in person.

"Schultz put his hands on his chest and rubbed each other.

"I am honored and flattered by you. I really couldn't imagine that it would be me who attracted you to China. I asked myself that I don't have such great influence and attraction. Mr. Schulz, don't you

Could it be that you made a mistake?" Hu Mingchen said as calmly as possible.

"Why do you want me to make a mistake? If I make a mistake, we won't be able to cooperate. But I ask myself that I should be right, and I haven't lost this confidence. You should not be twenty years old this year, right?

Before entering college, such a young man has already founded and run such a company. No matter in any country or region, it is very legendary, even far more than Bill Gates founding Microsoft."

Schultz said with a slight smile.

"Thank you for your compliment." Hu Mingchen nodded.

Schultz waved his hand and pointed at Hu Mingchen: "When I was your age, I didn't know shit and played around with my friends and friends all day long. I heard that you started doing it when you were less than ten years old.

It’s business, right?”

"What kind of business is that for me? My family is so poor that I can't find a way to solve the problems in life. It's not worth mentioning." After Hu Mingchen glanced at Luo Guancong, he waved his hand at Schultz and smiled at himself.

Hu Mingchen was not sure where Schultz heard the information he knew, but he believed that some of it should have come from Luo Guancong.

You must know that Chen Xuesheng has known Hu Mingchen a long time ago, and Chen Xuesheng was introduced to Chen Xuesheng by Wang Zhan. Relatively speaking, it is not unusual for Chen Xuesheng to know Hu Mingchen's past anecdotes. From his mouth, he told some senior executives,

It's also reasonable.

"Unexpectedly, your steps have gone further and wider. A few years later, you have entered the high-tech field. This makes me admire you. Let me tell you, for ipeng

I don’t have 100% confidence in this product. After all, there are too many mature mobile phones on the market now. I’m not completely sure about Pengbo Electronics either, but I’m optimistic about you. That’s why I care.

Let’s talk to you privately,” Schulz said.

"Is it that simple? You think so highly of me? As you said, I haven't even gone to college yet. Haha, I don't even think so highly of myself. I really can't imagine that you are so confident in me even though you are far away from the Pacific Ocean.

." Hu Mingchen was proud of Schulz's explanation, but also a little unconvinced.

"Haha, do you really have no confidence in yourself? Although we have only been together for two days, I can't see even a little bit of lack of confidence in you. On the contrary, you are a smart person, and you are still

A very confident person, I can feel this very clearly." Schultz said, paused, and then continued: "I have a philosophy, that is, talent is the most important, whether it is a company or a product.

, in the end it all depends on people

Management depends on people. Therefore, when choosing a partner, you must first choose people, secondly look at the company, and finally look at the product. As long as you choose the right person, even if the current product is not good, you will develop a better product.

With good products, even if the current company is not so complete, it can still be adjusted well. It is always changing. Therefore, under normal circumstances, I don’t care much about products, nor do I care much about the company. What I really value is the back of the company.

people."

Schultz's idea gave Hu Mingchen a deep impact. Of course, his idea exists more or less in everyone, but very few people will regard it as a rule to implement it.

I will make my choice based on this logic.

Schultz's ability to develop the company to such a large scale should be inseparable from his set of logic.

"Thank you, Mr. Schultz, thank you for teaching me a lesson. Since you already think so, I am not humble enough to tell you that I am indeed very confident in the company and products. Of course, the premise is that I

I believe my judgment is correct. We will definitely encounter difficulties of one kind or another on the road to development, but we believe that we can overcome these difficulties very well."

Once Hu Mingchen stopped being self-effacing, Schultz could immediately feel that Hu Mingchen's energy had changed a lot from a few minutes ago. Although he was young, he was full of confidence and vigorous energy.

God, it’s really easy to infect people.

"Hahaha, I just said I saw it right. Well, in this case, can we get back on track?" Schultz said with a hearty smile.

"Of course. Then I won't mince words. Mr. Schultz, we will not sell the company, so the acquisition proposal is basically out of the question. But I don't completely reject the investment. Of course, the price

It must be suitable, at least it must be suitable for me, otherwise, I will refuse it." Hu Mingchen said, neither humble nor overbearing.

"The price involves your company's current valuation. I don't know what your valuation of your company is? Also, how much equity are you willing to sell at most?" Schultz asked gently.

"Valuation...Mr. Schultz, since you mentioned this word, I believe you asked an appraisal company to do the appraisal. However, no matter what your appraisal conclusion is, it may have a very big difference with my psychology."

The gap. As far as I am concerned, if there is no product like IPeng, it may be worth 100 million US dollars, but with this product, it is worth 10 billion US dollars." Hu Mingchen said thoughtfully.

Hu Mingchen chose not to mention how much equity he was willing to transfer. If the other party does not even accept this valuation, then the transfer ratio will be meaningless.

"Haha, ten billion US dollars, you really dare to think about it. Why would the value of a product skyrocket a hundred times? You know, no matter how good the product is, it has not been introduced to the market and has not been adopted by consumers.

If you accept it, it's all just imagination. Don't you think your valuation is too high? In other words, don't you think that seven to eight billion US dollars, or even one billion US dollars, is a valuation with a huge premium?

" Schultz said with a smile.

It’s no wonder that Schultz laughed. The valuation of 10 billion US dollars is really a sky-high price. Even Luo Guancong sitting next to him was a little embarrassed. This was too daring to think and say. If it were him

If so, US$500 million would probably be about the same.

It's just that Hu Mingchen is the boss, and even if Luo Guancong thinks that he is too fanciful, it is impossible for him to propose any correction suggestions at this time.

"Mr. Schultz, you just said that you don't value products and companies. Why are you deviating now? Well, I just think of it as imagination. That is also my imagination. In my imagination, that's how it is.

This is facing you. If it were facing other people, maybe my valuation would be 100 billion.

U.S. dollars. My understanding and judgment tell me that my valuation is not high, but low. Again, I have confidence in the company and the product. Don’t look at the 100-fold increase I mentioned.

In fact, your investment also has the opportunity to increase tenfold." Hu Mingchen said confidently.

Hu Mingchen had no intention of falsely reporting the price. As he said, in his heart, the price was not high but low.

Deep down in his heart, he is not willing to sell the shares of Pengbo Electronics, just like he is unwilling to sell the shares of Aniu Company. These can create dozens or hundreds of times of profits in the future.

"Aren't you willing to give in a little bit? Aren't you worried about our company withdrawing and not cooperating? As far as I know, the door at AT&T is already closed."

"Mr. Schultz, it's good that I didn't increase my bet. I believe you are not the kind of person who takes advantage of others, but even if you are, it doesn't matter. To be precise, AT&T's door is only temporarily closed. To say the least,

Even if your company and AT&T are not willing to help and both boycott, it doesn’t matter. The worst thing we can do is find a few more companies to work together. North America is such a big market and there are so many peers.

As an independent company, at most the price we pay is just a little larger, and we believe that those costs will be earned back in a short time. It is actually the most beneficial to your company for us to talk at this stage. Otherwise, maybe a year later,

The initiative in the negotiation will be in my hands, and at that time, I may choose you." Hu Mingchen's words are not only confident, but also somewhat domineering.

Schultz stared at Hu Mingchen for more than ten seconds without saying anything, not knowing what he was thinking.

Ten seconds later, Schultz breathed a sigh of relief: "Okay, I believe your imagination, then it will be 10 billion US dollars."

As soon as Schultz's words came out, Luo Guancong's heart was filled with shock. Oh my god, no, just a few words like that, and a small medium-sized company skyrocketed a hundred times and became a large company worth 10 billion US dollars.

?

What kind of magical operation is this? I can’t figure it out, I can’t figure it out.

You have to throw away when comparing goods, and you have to die when comparing people. No wonder he is the boss, and no matter what he does, he can only be a part-time worker, at most a high-level wage earner.

Although I don't understand it, this is huge good news after all. If Pengbo Electronics is really worth 10 billion US dollars now, then the overall situation will be different, and his own status and worth will also be different.

When he first came to Pengbo Electronics, Luo Guancong felt a little bit surrendered. But now it seems that it is not a surrender, but a wise and correct choice.

Since Pengbo Electronics is worth 10 billion US dollars, if Schultz wants to invest, the amount of money coming in will not be small.