Return to the countryside to engage in industry

Chapter 467
When Yu Weiqi said "with ulterior motives", Yang Zhenyu's heart tightened for a moment. He didn't expect Yu Weiqi to attack his opponent with such a tough attitude. Yang Zhenyu couldn't help but think of some festivals between ByteDance and Tencent, especially ByteDance Li Liang, the vice-president, made a tough statement about Tencent on Weibo.

Yang Zhenyu seems to feel that the Internet industry is no longer the era when the three giants of bat dominate the sky with one hand, and at least one player who does not admit to being cowardly has appeared.

Now that the talks with Tencent have collapsed, and he is facing a situation that is very likely to be flanked, Yang Zhenyu feels that he should simply express his attitude at this time, take the initiative to turn to ByteDance, hug this thigh, and get the investment first to survive.

Yang Zhenyu said bluntly: "Mr. Yu is respected in the industry, and he analyzes problems very thoroughly. He has been educated! This is also the reason why I rejected them."

He raised his glass with a smile and raised his toast, "Mr. Yu, thank you for your advice. I hope to have more opportunities to ask Mr. Yu for advice in the future."

Yu Weiqi likes Yang Zhenyu's current attitude very much. Since you want to take money from him, you must first express your thoughts. Yang Zhenyu's words are a bit cryptic, but it's not difficult to see his attitude. Yu Weiqi picked up his glass and greeted him, smiling He said, "Mr. Yang, Bytedance has always been committed to creating a good development space for partners, providing the best quality resources, and achieving the goal of complementing each other's advantages and making progress together."

Yang Zhenyu answered, "Mr. Yu, to tell you the truth, I have always maintained this attitude."

Whether it is intentional flattery or expressing Yang Zhenyu's true thoughts, this sentence makes Yu Weiqi feel very comfortable listening.

The two touched each other and drank.

Luo Yonghao smiled and said: "It's still early, if Mr. Yu has nothing else to do tonight, let's drink slowly, don't rush, and eat a la carte to fill our stomachs."

Yu Weiqi smiled and said: "There was still a dinner tonight, but in order to meet you Lao Luo and Mr. Yang, I have asked the secretary to push it away."

"Thank you, Mr. Yu, for your appreciation." Yang Zhenyu answered.

Luo Yonghao smiled and said: "It seems that my old face still has a bit of face in the circle."

"It is necessary, Lao Luo, no matter what others do, I will definitely give you face." Yu Weiqi said with a smile.

Yang Zhenyu had to admire Luo Yonghao for controlling the rhythm of talking, eating and drinking very well. He always kept people in a relaxed atmosphere, and he didn't have so many worries when talking about business.

After drinking a few cups and filling his stomach, Yu Weiqi looked at Yang Zhenyu again, his face flushed, and he smiled, "I only dare to try with old Robbie, and I can't compare with Mr. Yang. The person has been carried into the car, and while the consciousness is still clear, Mr. Yang and I will talk about the business first."

Yang Zhenyu raised his spirits, sorted out his thoughts, and waved to the waiter with a smile on his face, "Thank you for pouring a cup of tea for Mr. Yu."

"Thank you!" Yu Weiqi said to the waiter, and turned to Yang Zhenyu, "Mr. Yang, let's talk in private, just be casual. Let me hear your bargaining chips first. If there is any discrepancy between us, we can talk slowly."

Yang Zhenyu said bluntly: "5000 million, release 6.8% of the shares."

After hearing this, Yu Weiqi smiled and said: "I can feel Mr. Yang's confidence in your company, and I also believe that under Mr. Yang's leadership, the e-commerce platform of the small shop at the village entrance will gradually grow, but there is one thing we must understand clearly, Mr. Yang In short, you seem to be too confident in the valuation of your company, to tell you the truth, after hearing your quotation, I think your valuation of the village store is too high."

Yang Zhenyu answered, "Mr. Yu, our transaction volume reached 2.81 million during the Agricultural Products Festival, and our net profit exceeded 2500 million..."

Yu Weiqi raised his hand with a smile and interrupted Yang Zhenyu, "Mr. Yang, you don't need to repeat the data to me. I have read all the data of your company before I decided to meet you. The performance of the festival is indeed very good, and I also know that you are eager to get money from us for making these data. The better the data, the more money you may get. This is the most common thinking of every partner.

But Mr. Yang, the current valuation of the small shop at the entrance of the village cannot be calculated based on the standard of the Farm Products Festival, nor can it be calculated according to the algorithm when you first raised funds. "

Yang Zhenyu felt a little nervous, "What does Mr. Yu think should be calculated?"

Yu Weiqi said bluntly: "There are many methods for company valuation, including the commonly used asset-based method, income method, market method, enterprise value/earnings before interest and taxes, comparable price-earnings ratio method, etc., each valuation method is used in Different business status. If I remember correctly, from the launch of the village store app to the one year before the Farm Products Festival, your profit was only more than 2000 million. Of course, I believe that Yang is always bursting out for this Farm Products Festival Accumulate strength, but as an investor, I have to consider these factors. Overall, your company's profitability is not strong.

In addition, the net assets of Haodianjia E-Commerce Co., Ltd. are very low. I think you know this better than me. According to your previous valuation, I can completely regard it as a shell company.

Mr. Yang should agree with what I said, right? "

Yang Zhenyu was stunned for a moment, Yu Weiqi's voice sounded very gentle, but every word pierced his chest like a knife, he had to admit that Yu Weiqi had made sufficient preparations.

Yang Zhenyu came back to his senses and smiled, he couldn't tell that Yu Weiqi had the symptoms of drinking too much, or he was too young, and he easily believed what he said on the wine table. With Yu Weiqi's clear logic just now, he probably drank more than himself. Much better.

"President Yu's analysis is very comprehensive." Yang Zhenyu could only cater to him at this time.

Yu Weiqi said: "Mr. Yang, 5000 million, I can give it to you exactly, but I want 12% of the shares."

The attitude is a little firm.

In fact, according to Yu Weiqi's calculation, the valuation of the village entrance canteen is almost the number in Yang Zhenyu's mind, 5-6 million, but in order to win more benefits from investors, Yang Zhenyu deliberately raised it, but in Yu Weiqi's eyes, these little tricks, It's like being transparent.

At this time, Luo Yonghao deliberately gave Yang Zhenyu a look, the intention was obvious, and reminded Yang Zhenyu to accept it when he was good.

Yang Zhenyu understood what he meant, and turned to Yu Weiqi, "Mr. Yu, the agreements I mentioned earlier..."

Yu Weiqi interrupted: "I have no objection to the current development status of the canteen at the entrance of the village."

Yu Weiqi buried a foreshadowing here, and Yang Zhenyu did not overly speculate on his intentions. The reason is that after fighting against Tencent and Ali, Yang Zhenyu also realized that there are indeed certain problems in the operation of the small shop at the entrance of the village. It is difficult to go public on a large scale.

Yang Zhenyu answered, "Mr. Yu, I seem to have figured out the problem."

Yu Weiqi raised his glass and said, "Congratulations to Mr. Yang, I think this is just the beginning of our cooperation, and we will have more in-depth cooperation in the future."

Yu Weiqi used this to express his long-term attitude. If the development of the small shop at the entrance of the village increases the demand for ByteDance, ByteDance will make additional investment.

(End of this chapter)