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"It would be great if we could have 10 billion yen in funding."

After much hesitation and drinking more than half a cup of tea, Son finally spoke, "The current loan interest rate is much lower than before, and the additional cost of interest is really unnecessary. If this ideal situation cannot be achieved, 8 million yen is actually acceptable. First repay this year's short-term debt and interest, and then retain the turnover needs of subsequent product procurement and sales."

"It sounds like Mr. Sun prefers to borrow money rather than invest."

Fangyan picked up a Dorayaki and talked while eating.

"Mr. Fangyan, I will speak frankly then."

Son said bluntly: "I am confident that I can repay the money, so I prefer to borrow money. If it is an investment, given SoftBank's current situation, we will definitely have differences in the assessment of value. Moreover, for the company to introduce new shareholders, it is really necessary to have a sufficient understanding of Fang Yanjun. I hope that the shareholders who join can recognize my direction and help me in future development."

"I would like to know what you think the current valuation of your company is if you invest in SoftBank?"

Fangyan narrowed his eyes.

"$1 billion!"

Masayoshi Son looked confident and raised a finger.

When these words were spoken, Keiko Matsuzaka's eyes widened in shock. In her opinion, 100 million yen was scary enough, let alone 100 million US dollars!

Fang Yan said calmly, "1 million US dollars. It seems that Mr. Sun is very confident in SoftBank..."

Son Masayoshi said with a sharp look in his eyes, "Maybe Fangyanjun thinks I am boasting, but I dare say that as long as I come back and am no longer troubled by my illness, with Japan's status as the largest software distributor and the opportunity to be the first to develop an excellent company in the personal computer field, even Japan's SoftBank, which is now burdened with a debt of 10 billion yen and a new rival, will be worth at least 1 million US dollars!"

Fang Yan said coldly, "But I seem to have heard that when SoftBank was founded, it was 1000 million yen, and later Mr. Sun spent 1500 million yen to buy back the other party's shares. Even if we start counting from that time, has the value of SoftBank increased by a thousand times in just a few years?"

Son stared at him closely and asked, "Do you even know about something that happened a few years ago?"

"Yes."

Fangyan explained that as a consultant and deputy editor-in-chief of the library, when introducing computer software products to the bookstore prepared by himself and Kadokawa Leyi, he naturally had to do some research and compare prices from different sources. As a leader in Japan's personal computer industry, Softbank was bound to be a key focus.

"I have a basis for my $1 million valuation!"

Son said seriously: "I am confident that we can turn around the loss situation within a year. SoftBank, which has achieved an annual growth rate of more than 100% since its inception, will achieve at least a 40% compound annual growth rate in the next five years even if we face enemies. Within five years, SoftBank will be successfully listed with the rapid development of the personal computer industry and become a company with a market value of hundreds of millions of yen!"

"Even if I believe you and can reach 40 billion yen in five years, and calculate it with a 50% compound annual growth rate, SoftBank's current valuation should be around billion yen, right? And this round of valuation is so high, it may affect the next round, or even the IPO."

Fangyan reminded with a smile.

Masayoshi Son is also very aware of the consequences of his high valuation and quick financing.

For example, it will bring trouble to SoftBank's subsequent financing. After all, theoretically speaking, the valuation will increase in each round.

If the valuation in Round A is too high, the investment institutions will feel that the company is not developing that well and is not worth so much money during the Round B financing. At that time, the investors in the previous rounds will definitely negotiate to re-exchange the equity. They sold it to me at such a high price originally, but now the valuation is so low, so they must make up the difference.

It will also dissuade other investors who are still on the sidelines, so blindly overvaluing is equivalent to overdrawing future financing potential.

Unless before the next round of financing, the money from this round of financing can enable the company to achieve exponential growth.

But at the moment, Masayoshi Son can no longer take care of so many things. There are tigers in front and wolves behind, and SoftBank still has more than 10 billion yen in debt.

"Mr. Sun must also know that 1 million U.S. dollars is unrealistic for SoftBank at the moment, whether it is for me or for others."

Fangyan shook his head, "You can't convince others with just words, and don't forget the 'financial due diligence'." Seeing that Son's face changed drastically, Matsuzaka Keiko was puzzled and asked in a low voice: "What is financial due diligence?"

Fang Yan explained, "After the investor reaches a preliminary cooperation intention with the company to be invested in, the investor can conduct on-site investigation and data analysis on all matters related to this investment in the company..."

Son pondered for a while and gave in: "Half! My bottom line is that after the funds come in, the total valuation will be 80 billion yen."

80 billion yen is currently equivalent to about 6000 US dollars, which is still higher than the highest valuation that financial institutions can give.

Fangyan touched his chin and thought that he could quit while he was ahead.

Of course, given SoftBank's current internal and external troubles, it can take advantage of the situation and push down the price, but it does not want to leave a bad impression like a vampire. After all, this is not a one-time deal, and they will meet again in the future, so it is better to leave a way out for the future meeting.

Anyway, this guy will bring SoftBank to hundreds of billions of US dollars in the future and make a lot of money for himself.

With this thought in mind, he said without hesitation: "Based on the valuation of 80 billion yen after the investment, I can give you 12 billion, accounting for 15%, and I promise you that I will not interfere with your business decisions. If you don't take the initiative, I will not ask for additional investment to increase my share ratio. But if SoftBank needs more financing, I must have the same valuation as others to follow up, but you don't have to limit my qualification for follow-up investment. In fact, I can always support your strategic decisions, and maintaining my share ratio will be of great significance to you."

Masayoshi Son was a little surprised when he heard that he could agree to a valuation of 80 billion yen.

And when he heard that the amount he took out was neither 8 million yen nor 10 billion yen, but 12 billion yen, which was beyond his expectations, Masayoshi Son was overjoyed. Facing a strong enemy who was eyeing him covetously, the more money invested in SoftBank, the better.

Although a 15% stake is indeed a bit too much, Fangyan's promise not to interfere in SoftBank makes Masayoshi Son feel more at ease.

"In addition, I have another condition, that is, the 5% of shares I own will be held by Qingzi on my behalf."

Fangyan looked at Masayoshi Son on the left and Keiko Matsuzaka on the right.

"Eh?"

Keiko Matsuzaka was shocked. 5% of the shares was equivalent to 4 million yen. She could not earn that much money even if she worked in movies for a lifetime. Although she could feel his good intentions, she still wanted to refuse firmly. But before she could open her mouth, she was patted on the back of her hand.

"Look at you, you're anxious again. I'm just holding it on behalf of others."

Fang Yan gave her a reassurance, "I do this for a reason."

Son was puzzled: "I wonder if Fangyanjun can tell us something?"

Fang Yan said that allowing Keiko Matsuzaka to become a shareholder of SoftBank can not only utilize the halo of the star to bring visibility to the company's operations and publicity and reduce the marketing costs of the project, but also help SoftBank, which is currently plagued by negative news, to divert pressure from public opinion.

This is also one of the reasons why so many companies in later generations are willing to accept celebrities as investors!

At this point, he grinned and said, "And there is another point. You are of Korean-Japanese descent, and Qingzi is also of Korean-Japanese descent. Her investment in your SoftBank can be regarded as a fellow villager helping a fellow villager."

Hearing the last sentence, Son was a little overjoyed: "Really?"

Keiko Matsuzaka nodded and said that her mother was Japanese and her father came to Japan from South Korea.

Son took the opportunity to establish a friendship, "What a coincidence, when I first started my business in the United States, I had a very good partner who was also Chinese. Do you know why we came together? Because my ancestors actually migrated from China to Korea. I am a descendant of the great Chinese military strategist, the author of The Art of War!"

Fangyan almost spit a mouthful of tea on his face. Is this a skill passed down from one's ancestors?

But at least he should give some credit, because he said they migrated from China, instead of saying that Sun Wu was Korean.

The grandson of the grandson, you are such a grandson! Why don't you just say you are the descendant of the sun? (End of this chapter)