Rebirth

For a time.

There was a sound of flipping through the paper in the conference room.

Read the file roughly.

The people of Sequoia Capital just raised their heads.

I met the confident and sharp eyes of the soldiers. The heart secretly said a bad, this young erv chairman is obviously prepared, want to sell erv shares for a good price.

And there was plenty of preparation, and they were caught off guard by this document.

Do not give them the opportunity to question.

The soldiers rushed to open.

“Gentlemen, I think you have seen it too. Our erv is very profitable, has no debt, and has no bad assets. This is why you are here.”

“You may think that some companies have a high valuation and are not worth the price, but what I want to say is that the potential of erv is still far from being played out. What you see is only the erv now, I see, It is the future.”

“Your thoughts are actually the same. Start early and get the most investment income, but this is not in my interest. If it is not in our erv strategy, you need a little help.

Otherwise, if it is for money, I will not sell the shares, we erv’s financial report, get a large bank, loan billions of dollars, I think there will be no difficulty.

This point, I hope that you will keep in mind in the next negotiations. I am not a VC negotiation. We are not short of funds. We lack the vision, strength, and sincere partners. ”

The words are very long.

The meaning of the expression is also very clear.

You want to buy shares in me, not when I ask you, when you press the price, please pay attention to the wording.

really.

This is not the case according to common sense.

Let the people of each company suddenly get rid of the steps, yes, they want to make money, but others are short of money, and even the words also express a meaning: erv has a project to help.

“Excuse me, what is your help?” IDG’s manager, Winters, made the first speech.

He is a partner.

I have not heard of any big moves in erv.

“Sorry, this is something that board members can only know. Now let’s negotiate on the stock issue first, 20%, this is the stock I can get the most.”

Of course, if you double the premium on my $50 billion valuation, I can consider selling another 10% stake, otherwise I will not talk about it. The warrior made a debut.

“…”

This attitude of the chairman.

It’s stunned.

Double the premium?

When we are stupid, isn’t this confessing that you have $100 billion in paper? At this price, they can make a lot of money, unless the market value of erv is broken by $200 billion.

Representatives of each company look at each other in dismay

The $50 billion offer is too far from their estimate and the company must be notified to decide whether to continue to participate.

but.

Some companies have sent more people.

The representative of Microsoft said.

“Mr., 50 billion US dollars, I think far more than the actual value of erv, “war” after all is games, how long can be fire is unknown, other manufacturers are also constantly launching such online games.”

The soldier smiled. “I don’t deny this. However, why the number of online wars is constantly growing. I think your company should know that the core competitiveness of Warfor is not pure online games.

It is the progress that never stops. On the market, almost all of the games that follow our example are gradually unattended. With our technology, we can keep “War of Fire” in the first place of similar games.

The most important thing is, how do you know that we only have “War of War”, and no other online games will be available? ”

“Do you have a new game development plan?”

This is the case.

Many people are shocked.

A “war” is so hoisted.

One more, is this the confidence source of the game company’s valuation of 20 billion US dollars?

The warrior said: “Of course, the progress that never stops is the spirit of our “war”. I can tell you here that this is a game that will not be worse than “War of War.”

From the “war” listed.

The new game is already included in the plan.

Now it has been produced, there is more than one, but it is only temporarily hidden, people’s energy is limited, two equally fun games, will be divided into users of their own games.

Therefore, Tang Qing is not in a hurry to launch.

“Even if the game is not worse than Wars, the $20 billion valuation is still a bit high, because it doesn’t mean that the game company’s profits will double, and players will only play one game at a time.”

The representative of Samsung immediately seized the focus.

“You are right, but I have said that the player positioning of the new game is consistent with “War of Fire”? “War of Fire” is a man who likes adventure and blood, and the new game is positioned as a woman.” The soldier said.

“Women play less games, how can it compare with “War of Fire.”

“Don’t look down on women’s entertainment spending power, like cosmetics and costume jewellery, this World, never be a woman, don’t underestimate the spending power of women.”

“…” Samsung’s representative is speechless, I did not say a small woman.

But in the end, how to earn a woman’s money from the game, he still does not know.

“What does the game appeal to female consumers?”

Another person asked.

The Samsung representative looked around, and Sony’s people were much more direct than him.

“Sorry, trade secrets, no comment.”

“…”

I know.

Next.

Around the game company’s 20 billion US dollars valuation, the two sides have repeatedly argued, however, the soldiers are not a dime, not very loose, very angry, but no one gave up.

This is the valuation negotiation.

After a publicly recognized price, it will start trading. Of course, if a company immediately agrees, it can be traded now, but no such stupid company jumps out.

See you can’t hold each other.

They gradually turned their attention to the technically uncomplicated live broadcast software, which kept the players fresh and fresh compared to the almost terrifying game update speed of War.

Live software has no technical difficulty from the inside out.

at this point.

The warrior also admitted.

“You are right, this software is not a big threshold. Any one of your companies can take time to make it, compete with us, and occupy a considerable share with the user base.

However, this software you think only live broadcast? Of course not. Around the live broadcast, we can create a new kind of media, a new software ecosystem. Similarly, non-board members can’t know the content of our new project. ”

“To tell the truth, if you wait a year, even if you don’t go public, erv’s valuation can definitely exceed 100 billion US dollars, but unfortunately, now only 50 billion US dollars, I lost a lot.” The soldiers kept shaking their heads.

This scene.

The gas has broken a lot of people.

You lose a lot.

We are not going to lose, the valuation of 50 billion US dollars, you can not give it a point? This makes us talk about it, Boss knows, we don’t blame us.

Engaged for a long time.

More and more talk.

Such financing negotiations, they have not met for a long time, not the kind of epoch-making, or has become a small single horn beast company, there is no such treatment, and erv, already has the strength of a small single horn beast.

This is the most irritating.

Erv is growing too fast.

A few dazzling, it has grown to such a degree, there is no need for the so-called start-up period, and never asked for investment, hehe, more and more, more and more difficult to shake.

“Sir, this is going to be negotiated, we can hardly continue.” The people of Sequoia Capital frowned.

“It doesn’t matter. I have enough time. I can’t talk today. Tomorrow, I can’t talk about it tomorrow. I will do it next month, or even next year. At that time, my valuation is also rising. In fact, I like it like this.”

The soldier suddenly came up with a statement about ‘swearing people’.

“…”

Too shameless.

You like a string.

A negotiation, you want to talk about next year, is this putting pressure on them?

Yes, yes.

After talking for so long, the attention of the media can make erv’s valuation rise a lot.

“Sir, we all come with great sincerity and hope to cooperate with you. However, you are not allowed to do so. It is far beyond our valuation. We have not seen your sincerity. “The people of Sequoia Capital strongly suppressed the fire in their hearts.”

“My sincerity is that I can bring you benefits, not to the door, so that you are cheap, now the market value of erv is only 50 billion US dollars, I think, when it becomes 500 billion, you will not I will question my words again.” The soldiers glanced at them confidently.

“Five hundred billion? Do you think it is possible?” Qualcomm’s representative squinted.

“Of course, I can’t double it. I don’t think it’s a dream. If there is no confidence in this, erv will not go now. I can only say that after completing this round of financing, I will take the directors to see the real. Erv.”

“Real erv?”

“what is that?”

“…”

“Well, I know that you have no decision-making power, and you are saying so much. It is also for you to go back and have an account. At this time tomorrow, I hope that you will bring me good news.”

The soldier stood up.

“In addition, if you are interested, you can buy shares at my valuation after the end of this meeting. I don’t want to receive a call from the counter-offer, wasting my time.

To be fair, the purchase limit of a single company does not exceed 5%, the lower limit is 0.5%, cash can be accepted, and the designated equity swap can be accepted. Individual directors are not accepted for the time being. ”

“Goodbye.”

Finished.

The warrior turned and left.

It’s not good enough.

In the conference room, the representatives of various companies have a little bit of a turn, and this is over. This way back to explain, how to cross, this chairman is not polite.

but.

Personal charm is quite vivid.

Resolutely popular.

Clever and eloquent.

“How to do?”

“Is this gone?”

“unacceptable.”

“…”

At this time, idg’s Winters has packed up and stood up.

Loudly said.

“What should I do? I have been dealing with him for more than half a year. It is like this. He decides things. No one can convince him to change. It is very rigid, but he is very committed to it, absolutely speaking.”

“Winters, do you know idg long ago.” Next, Sony’s representative questioned.

“Where do I know where to go, I am not a shareholder of erv.” Winters shook his head.

“Also.”

“Goodbye, I have to go back and report.”

After that, Winters left with two secretaries.

The rest, I will give it to the board of idg to go to the headache. Everyone has not said anything about it, and he will not have any responsibility.

Go downstairs.

Winters realized that there was a group of reporters outside, just want to go to the back door, but it was too late, the reporters were well-informed, and the identity of Winters was not a secret.

“Mr. Winters, what is the size of the financing of erv, has it been completed?”

“Mr. Winters, what is the investment amount of the idg group?”

“Mr. Winters, why did you leave early, was it driven out?”

“…”

“I.” Winters was speechless.

Ask the question, you have to give me a chance to say it.

There is also the big chest sister paper, you are a little professional and versatile, what told me to be driven out, you are coming to interview financial news, ask related questions.

Although I don’t necessarily answer.

Fortunately, other people have come down at this time, sharing the pressure of interviews. This kind of thing, everyone is used to it, but Winters is the first to be surrounded by all reporters.

. . .

I finally got back to the car.

The representative of Sequoia Capital immediately called the boss and was also the helm of Sequoia Capital.

“What, what is it erv? How did you talk about it?” Sure enough, after listening to the $50 billion valuation, it is likely that the expected investment will be doubled, and how the opposite may be calm.

“The chairman of erv has a lot of things hidden, such as their second game, the future strategy of the live broadcast software, and even the real erv… It is difficult to effectively estimate this part of the unknown. value.”

Immediately, he gave the pot to the ‘enemy scheming’.

“Real erv?” I wondered over there.

He quickly said: “He said so, but only said that only board members can know, and also said that they can now buy them, up to 5%, first come first served.”

“Oh… this kind of negotiation is a bit interesting.” There was a silence.

“Yeah, half of the companies seeking investment, I can see the prospects at a glance, but the chairman of the board, with the success of “War of Fire”, I can hardly doubt.”

“You must have been riddled.” The opposite side asserted.

“Routine?”

“Forget it, we will discuss this matter with our board of directors. If you don’t let a penny, it will completely block our bargaining space. Hehe, interesting, one ring, you don’t lose it, this opponent is not simple.”

“This…”

“Just like this, wait for our news.”

“Yes.”

hang up the phone.

He was relaxed and finally passed back a point.

— Not my incompetence, but the other party is too cunning.

. . . .

Other companies have similar things, the warrior’s ring-and-click attack, the fight against their negotiators, but also the reasons, so that they startled.

Have a meeting to discuss.