You call this entrepreneurship?

Chapter 333

Didn’t you say you wouldn’t sell it? Why are you asking for a higher price?

Qin Shaoyan said calmly: "Three hundred million."

Fan Wencheng smiled and said, "I remember when Qvod raised funds a few months ago, its valuation was $300 million."

Qin Shaoyan didn't say anything.

"Qvod.com is developing very fast now, and its valuation should at least double now." Fan Wencheng said to himself, "Based on the $600 million valuation, Yiku.com's valuation should be around $360 million. Calculated in RMB, it should be at least $2.9 billion."

"Mr. Qin, the purchase price you offered is at least ten times different. You are not sincere in discussing business."

Zhang Pingyi suddenly said in a deep voice: "Who are you? How dare you question President Qin? I let you sit here today to give Davis face, but you dare to point fingers at President Qin!"

"Do you think you can question Mr. Qin's status and identity?"

Fan Wencheng's face darkened. "Boss Zhang, what do you mean by that?"

"What do you mean?" Zhang Pingyi sneered, "Even Bill Gates, the chairman of Microsoft, has to be very polite to Mr. Qin. Who do you think you are? You have no right to sit here and talk about business."

"You can get out now!"

Fan Wencheng was furious, his face turned pale and blue. He looked at Zhang Pingyi, then at Qin Shaoyan, turned around and left.

Zhang Pingyi frowned, "A good drinking party has been ruined. What bad luck."

"It doesn't matter. Today's event is just right." Qin Shaoyan said with a smile, "We can eat by ourselves after they leave."

That evening, Davis from Microsoft called personally.

"John, I heard that you had a misunderstanding with my subordinates today." Davis' voice came from the phone, and his tone was unclear. "I'm sorry that this happened. I can apologize, and I hope it won't affect our cooperation."

"You don't have to apologize." Qin Shaoyan said slowly, "Because apologizing is useless."

"Walter?" Davis was stunned.

"Because he has affected our cooperation." Qin Shaoyan sighed, "My plans were disrupted by your subordinates. He almost ruined this acquisition."

Davis said somewhat awkwardly, "John, Yiku.com is not that important. Your Qvod.com can still develop well without acquiring it."

"You are wrong. Yiku.com is very important." Qin Shaoyan said righteously, "It is not Qvod that wants to acquire Yiku.com, but YouTube."

Davis was stunned, and soon asked in surprise: "What did you say? YouTube is going to acquire Yiku.com?"

"Isn't this what we agreed on before?" Qin Shaoyan asked, "YouTube is an important part of entering the Chinese market, and Yiku.com is a key springboard."

Davis suddenly remembered the previous plan. As a backup plan for the failed acquisition of Qvod, Yiku.com was born.

However, Yiku.com was still very young, and Davis was busy with work, so he simply forgot about the matter.

Now that Qin Shaoyan said it, he quickly remembered this matter.

Davis was a little excited. "Can we start the previous plan now? Has Yiku.com obtained the license?"

"I think it's time to start the acquisition." Qin Shaoyan said calmly, "I have a report from a research institute here. The size of Yiku.com has reached 60% of Qvod.com. I think the development of Yiku.com has exceeded my imagination. We can definitely start the plan."

"Can you send that report to my email?" Davis said urgently, "I want to see it."

"You will be able to see the report soon." Qin Shaoyan said as he sent the English version of the report to Davis' email.

Davis couldn't wait to open the report of the "China Internet Development Research Association" and browsed through it hurriedly, exclaiming from time to time, "John, this is incredible, has it grown to this point?"

"John, I'll ask my assistant to book a flight now, and we'll talk when we meet."

"OK." Qin Shaoyan smiled, "I'm looking forward to meeting you."

"Me too," Davis said excitedly.

...Davis arrived very quickly and flew directly to China on the same day.

The next morning, Davis came to visit with his assistant and senior executives of Yiku.com.

As soon as he entered the door, Davis came forward and hugged Qin Shaoyan enthusiastically, "John, you look thinner than last time, are you losing weight?"

"I was sick and my weight has never returned to normal," Qin Shaoyan said helplessly.

"That's such a shame." Davis patted Qin Shaoyan's shoulder, "I came too hastily this time. Next time I'll bring you some snacks made by my wife."

“Then I’m really looking forward to it.”

The two walked into the office, talking and laughing. Davis turned around, waved, and said sternly, "Fan, come here."

Fan Wencheng hurriedly followed with some panic, looking at Qin Shaoyan with a complicated expression.

"Apologize to Mr. Qin immediately," Davis urged, "quickly!"

Fan Wencheng gritted his teeth and bowed vigorously, "I'm sorry, Mr. Qin, please forgive me."

"Louder!" Davis said dissatisfiedly.

"I'm sorry, Mr. Qin!" Fan Wencheng bowed again.

Qin Shaoyan looked at Davis and said, "Forget it, we still have important things to discuss. Please ask those who are not important to leave first."

Davis glanced at Fan Wencheng and said, "Get out!"

Fan Wencheng's face turned red and white, and he turned around and walked out of the door in shame.

Qin Shaoyan and Davis were the only two people left in the office, making it a good place to discuss some important matters.

"Davis, you have read the report, right?" Qin Shaoyan asked.

"Of course." Davis said happily, "It can be seen that China's video website industry is developing very fast. There are hundreds of competitors, much more than in the United States."

"What surprised me even more was that Yiku.com has grown so well that it has become the second-largest video website in the market."

Qin Shaoyan suddenly asked, "What did the people from Yiku.com tell you? About the report?"

"They were great and humble," Davis said happily. "I haven't had time to look at the backend data, but they said there's no problem."

"There's no need to look at the data." Qin Shaoyan said with a smile, "The data in that report is not accurate. There are slight discrepancies with the actual data."

Davis reacted quickly and his expression changed. "You said this data is fake?"

"Calm down." Qin Shaoyan said nonchalantly, "It's the Internet, data fluctuations are normal, there's no need to make a fuss."

"Fuck." Davis was furious. "This is a serious matter!"

"YouTube doesn't care about these details." Qin Shaoyan smiled, "Let's just talk about normal business."

Davis was stunned for a moment, then asked tentatively, "According to the report?"

"Yes, let's talk about it according to the report." Qin Shaoyan said generously.

Davis smiled and said, "John, I love working with you. You're a great partner."

“How much is YouTube willing to pay for it?”

"Three hundred million dollars." Qin Shaoyan asked, "How is it?"

"Why another $300 million?" Davis frowned, then asked, "How is YouTube going to acquire it? Does it have that much cash?"

"Of course not." Qin Shaoyan said with a smile, "So I asked you for help."

(End of this chapter)