Chapter 219 Takes 20% of penguin shares!!

“Unfortunately!”

Li Mingxuan was a little confused.

According to later history, penguins did not go all the way after going public in 2004.

“Yes, it was originally ready to go public next year, but who knows that after the U.S. stock market plummeted in 2000, so many things happened this year, and now the U.S. stock market has gone through several circuit breakers, and there is no sign of recovery at all, you say that penguins can go to the U.S. stock market now?”

“As for Hong Kong stocks, hehe, affected by U.S. stocks and all aspects, house prices in Hong Kong river plummeted by 70% this year, almost equivalent to a stock market crash!”

Yuan Wang said with a blank stare.

I took a sip of wine, but I heard him continue.

“And I heard that PONY horse, the money for several financings has been burned out, the major venture capital companies are not ready to invest, and he even wants to sell his shares now!”

As the son of the mayor of Huacheng City, Yuan Wang’s news can basically be said to be true.

“So which one is going to sell the penguin shares this time?”

Li Mingxuan asked.

“IDG Capital, they seem to be the venture capital companies that invested in Penguin in the first place, and since they are all ready to sell penguin shares, they must see that these shares are not worth much at all!”

Yuan Wang shook his head and said.

“IDG Capital! How many penguin stocks are they prepared to sell? ”

Li Mingxuan asked.

“Isn’t it, Master, you really want to buy it?!”

Yuan Wang was a little dumbfounded, he didn’t expect that he had analyzed so much, and the other party actually wanted to buy it.

And while 377 Penguin’s stock isn’t worth anything, that’s not a small number.

Even IDG Capital has plans to open and sell.

This is just the phone call from the investment manager, otherwise, Yuan Wang alone can’t eat it.

“You just have to tell me how many they have and what price they’re going to sell!”

Li Mingxuan said unmoved.

“Then I’ll ask you!”

So Yuan Wang called back the investment manager, and soon he said: “IDG has 20 penguin shares, if packaged, they ask for 23 million US dollars!” ”

“You asked the investment manager and IDG Capital to say, I bought $23 million!”

Li Mingxuan said.

As soon as these words came out, everyone in the box fell silent.

“What $23 million!?”

Wang Long put down the microphone and asked.

“Brother Long, is the master, ready to spend $23 million to buy the penguin shares!”

Yuan Wang said.

“Penguin, oh, QQ!”

Wang Long didn’t say anything when he heard that.

After all, as a member of the Wang family, he naturally knew Li Mingxuan’s identity.

$23 million is a lot for others, but for Splendid, it’s really a hairy thing.

Dig up a few more trains of wagon coal and iron ore and you’ll have everything.

However, the others did not think so, although they respected Li Mingxuan, it was because he was Wang Long’s master.

And who is Wang Long, a member of the wang family of the four major families of the imperial capital, and will soon become the dragon-riding son-in-law of the Ye family in Huacheng.

To put it bluntly, if there is no Wang Long, they know who you Li Mingxuan is!

Of course, this is also the state’s protection of Li Mingxuan.

There is no name for him on the Internet and various print media, and even the three words Li Mingxuan are forbidden if you go online.

These second generations naturally did not know who Li Mingxuan was.

However, now they see that Li Mingxuan will spend $23 million in one go and package up to buy 20% of the penguin’s shares, and this shock can be imagined.

At this time, Yuan Wang,The mayor’s salary was stunned.

After a while, he and the investment manager said, “You and the people at IDG Capital said that $23 million, 20 shares of Penguin, someone wants it!” ”

Suddenly, the investment manager on the other side of the phone was also a surprise, he originally wanted to let Yuan Shao buy some penguin loose shares, how in the blink of an eye it became a penguin stock that packaged the entire IDG investment, but as Yuan Shao’s investment manager, he naturally knew the identity of the other party.

So I didn’t dare to slack off at all, so I dialed the idG investment phone.

Some people are willing to buy this penguin stake for $23 million, packaged.

At this time, Xiong Ge, head of IDG Capital China, was also stunned for a moment after hearing his report on this matter.

He didn’t expect that the price he opened was really taken over.

In 1999, IDG Capital, the earliest venture capital firm for Penguins, invested $2.1 million and acquired a 20% stake, which was expected to go public in 2004.

With the development of penguins and the hundreds of millions of users of flower growers, there is no doubt that IDG Capital can return a wave of blood.

However, there was an unexpected storm in the sky, and Li Mingxuan made a big fuss in the beautiful country, causing an avalanche of US stocks and several times of fusing.

Until now there has been no sign of recovery.

IDG Capital immediately suffered the equivalent of the dot-com bubble of 2000.

Many of the investments in the beautiful country are seriously at a loss, so they have to sell the penguin stock that cannot see hope and return a wave of blood.

According to IDG Capital’s expectations, even if Penguins are listed, they may not be able to reach a ten-fold increase.

With $2.1 million, they made more than 10 times a profit in less than four years, which is already quite successful among investment institutions.

Therefore, Xiong Ge, head of IDG Capital China, after knowing that the investor was from Huacheng, was ready to go to Huacheng to complete the transaction in person.

After all, it is a $23 million business, and there is no room for sloppiness.

However, according to the previous agreement signed by IDG Capital and Penguin, it is necessary to notify their founders when the equity changes.

However, Bear Pigeon thought about it and decided to negotiate the matter first, and then notify the PONY horse people when it was time to sign the contract.

When the time comes for raw rice to cook mature rice, he quit the penguin quagmire, and there is no need to care about the PONY horses.

If there is something trivial, then let them find new shareholders.

So, the bear pigeon flew directly to Flower City the next day.

Wait until you come to the place agreed by both parties, Huacheng Jianguo Hotel.

Xiong Pigeon took the legal counsel, the secretary and others to see a very handsome young man.

The other party is wearing a well-tailored blue suit and a new white shirt, and the temperament is extremely outstanding.

It’s like a nobleman.

“Yes, Mr. IDG Capital Bear!”

Li Mingxuan directly held out his hand and said with a smile.

“Hello, you are Mr. Li, really a table of talents, I don’t know what kind of business Zushang did?”

Bear Pigeon smiled and held out his hand and asked.

“Oh, it’s just a little fight!”

Li Mingxuan said modestly.

Then several people sat in the conference room of the suite.

Although the bear pigeon did not inquire about the identity of the other party, he was able to come up with 23 million US dollars in one go.

The family must be extremely uncomplicated.

After everyone was seated, Li Mingxuan said directly: “I like to go straight, 23 million US dollars, if IDG Capital is willing to trade, today this money can reach your company’s account!” ”

“To be honest, I’m still very bullish on Penguin, but it’s a bit unlucky, and it’s no way to do it, so we agreed to the deal with IDG Capital!”

Bear Pigeon said with a smile.

“Happy cooperation!”

Li Mingxuan stood up and held out his hand with a smile.

“Happy cooperation!”

The bear pigeon also smiled and held out his hand.

Both parties to the transaction were satisfied, Li Mingxuan suddenly held 20% of the shares of Penguin, and IDG Capital received a return of more than 10 times.

Of course, a few years later, this transaction will also be the thing that IDG Capital regrets the most.

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