Internet moguls are being held hostage by the entertainment system!
Chapter 476 5 million US dollars is not enough, more money is needed!
Chapter 476 5 million US dollars is not enough, more money is needed!
Chen Xiu's series of questions plunged the meeting room into a deathly silence.
Sam and Ilya, the two representatives of Open AI, clearly did not expect things to develop to this point.
Their envisioned scenario was that after hearing the acquisition proposal, Chen Xiu would take the initiative to argue with Satya, the representative of Microsoft, so that OpenAI could remain in a stable position.
Unexpectedly, Chen Xiu's reaction was so calm and rational.
This is starting to feel a bit tricky...
"Cough cough."
Sam coughed twice and looked at Satir for help.
When faced with his pleading gaze, the Microsoft CEO didn't even lift an eyelid, as if what was happening had nothing to do with him.
Sam continued helplessly, "Show, regarding your Open AI LP company, we've offered a very good return on investment."
"how much is it?"
Chen Xiu just stared straight at Sam, ignoring all his preamble.
"Hmm... what do you think of an 80% return?"
Sam gave a tentative number.
Chen Xiu invested a total of $1.5 million in Open AI LP, and an 80% return would amount to $2.7 million.
If this were an investment product, such a rate of return would be quite substantial.
However, under the watchful eyes of Sam and Ilya, Chen Xiu only let out a sneer.
Are you kidding me?
"..."*2
Their hesitant faces betrayed their guilty conscience.
Chen Xiudao said, "The IPO and profit rate of the startups I invest in is 100%. Even the worst companies wouldn't have such a low return. Sam, you're insulting me!"
Sam Altman, his face flushed, managed to stammer, "Open AI is a non-profit company."
"Really? Wow, I didn't expect Microsoft to be a non-profit company. Mr. Satya, is your recently released financial report from last year credible?"
Satya Nadella, who had intended to remain uninvolved, sharpened his gaze behind his glasses upon hearing the phrase "yin and yang."
“Mr. Chen, this is a problem between you and Open AI. Don’t drag me into it.”
"I'm sorry, I thought you were the one who paid for the shares. It seems I misunderstood. You just happened to have some free time today, so you came here specifically to sit and listen to our conversation."
Chen Xiu unleashed a barrage of attacks, leaving the three opponents completely embarrassed.
Sam hesitated for a moment, then said, "Show, if you think this price is not right, we can talk about it again."
"OK, then please give us another quote!"
Chen Xiu continued to use the strategy of retreating to advance, employing a tactic of striking after the enemy has made its move.
To save everyone's time, he added, "If you're just considering increasing your offer from 80% to 100% or 120%, then we can go through the previous process again, and then you can start discussing it again."
"..."*3
Sam and Satya, whom he turned to look at, both showed a look of surprise on their faces.
Clearly, Chen Xiu had guessed correctly their method of fine-tuning the pricing.
Sam argued, "Show, you need to understand that OpenAI is a non-profit company..."
"According to the contract we signed, my maximum return on OpenAI should be 100 times the investment. Don't stare at me like that. Of course, I don't think you should pay me $151.5 billion. This is just a suggested figure for reference."
Chen Xiu successfully countered Sam's tactic of lowering expectations, and even raised the opponent's psychological expectations.
He knew that no matter how much Microsoft was optimistic about OpenAI, it wouldn't spend $151.5 billion to get involved.
This offer is severely inflated, but it provides a preliminary indication of Microsoft's bottom line.
Sure enough, after a few glances and some quiet discussion, Sam's revised offer sounded much more agreeable.
"Our latest offer is $5 million to acquire all shares of Open AI LP."
Chen Xiu remained silent, simply extending her fingers one by one.
He opened his palm completely, flipped it over, and said, "Is this the price you agreed on?"
"This is the final offer, and it will not change!"
Sam's gaze was intense and firm, emphasizing this point to prevent Chen Xiu from questioning him further.
Chen Xiu stared at him for a long time, then suddenly said, "No problem, this price is very reasonable. When do we sign the contract?"
Sam let out a long breath, and a barely perceptible hint of disdain flashed in Satya's eyes as she sat next to him.
"If you don't understand the offer, we can arrange for a lawyer to sign the contract within the next few days."
"Okay, you get ready, and I'll go back and get ready too. I still need time to raise the $5 million in cash."
"Uh-huh??"
Realizing something was wrong, Sam suddenly looked up and stared wide-eyed.
When he saw Chen Xiu preparing to get up, he subconsciously raised his hand and said, "Wait a minute, Xiu, what did you just say?"
Chen Xiu stopped what she was doing and looked at him with a smile.
I said, "You get ready, and I'll go back and get ready too."
"Next sentence."
"I still need time to prepare $5 million in cash."
Why are you preparing $5 million?
Having grasped the key point, Sam stood up abruptly, his brows furrowed, staring intently at Chen Xiu with his blue eyes.
Chen Xiu shrugged and said, "5 million US dollars, isn't that your final offer?" "Yes!"
"You also said it won't be changed, which means this price is what you consider the most reasonable?"
"Yup!"
Sam stared at Chen Xiu with a puzzled look, not understanding why he would emphasize such obvious things.
Chen Xiu mimicked their way of speaking, spreading his hands and saying, "Since you think Open AI's 49% stake is worth $5 million, then I'll offer $5 million to buy it from you."
"After the transaction is completed, I can hold 98% of the shares, and you can retain the remaining 2%, with all other conditions remaining the same. Is this approach acceptable?"
Sam and Ilya were stunned, and Satya was also taken aback.
Once he came to his senses, Sam quickly waved his hand and refused, saying, "Our shares are not for sale; that was agreed upon from the beginning!"
"why?"
"Because our company is a non-profit organization!"
"After Microsoft joins, can you continue to maintain this level of performance? Even if you can, the successes you achieve together with Microsoft will still be commercialized by them. How is that any different from your direct involvement?"
Chen Xiu's cold questioning startled Sam, and Ilya beside him also showed a thoughtful expression.
Seeing Chen Xiu's formidable fighting prowess, Satya Nadella, who had been merely observing, finally couldn't help but speak up.
"Microsoft will not interfere with the management of OpenAI, that's something I can guarantee."
"Oh, Mr. Satir, are you willing to personally intervene in the negotiations?"
Chen Xiu said with a smile, her momentum undiminished.
Satya adjusted his glasses and cut to the chase: "Mr. Chen, are you truly sincere about this deal?"
"Of course! Please believe in my sincerity. If the price is right, I am really willing to cash out my shares."
Chen Xiu countered each move with a counter-strategy, rather than choosing a strategy of relentless confrontation.
Sam pursed his lips, thinking: After all this time, it still comes down to money.
Satya believes that if it were just a matter of money, it would be easier to negotiate, as Microsoft is a large and powerful company and doesn't need the money, but people shouldn't be taken advantage of.
"You think a price of $5 million is inappropriate?"
"It's not enough, we have to pay more!"
Chen Xiu responded directly.
This sudden change in negotiation style surprised the three people on the other side, but Satya still felt that money was not an issue.
Do you have a more suitable offer in mind?
How about doubling it?
Just like when she stretched out her fingers, Chen Xiu flipped her palm over.
This casual gesture made Satir feel like she had been fooled, while Sam and Ilya were surprised. But to be fair, the words and the gesture were quite fitting...
"Are you kidding me?"
The same words that Chen Xiu had just said to Sam were now being returned to him verbatim by Satir.
Chen Xiu's response was very serious: "No, this is indeed the price I can accept right now."
What is your basis for this claim?
Satir's face was ashen; if he knew Chinese, he probably could have uttered a phrase like "wishful thinking."
Chen Xiu glanced at Sam, who had withdrawn from the negotiations, and said, "I heard from Sam that Microsoft is expected to invest $10 billion to develop Azure supercomputing technology with OpenAI. That's one of my reasons."
Satir glanced at Sam sideways, her expression turning dismissive.
"Our investment does not equate to value..."
"You'll only be willing to invest if the future value exceeds the current investment!"
Chen Xiu interrupted Satir, not intending to continue arguing with him about the issue of values, but instead offered another option.
“Mr. Satya, if you think this price is too high, you can withdraw from this negotiation on behalf of Microsoft. I will help OpenAI find a new partner regarding the subsequent development of AI.”
"There are so many internet companies in the world, and Microsoft is not the only one that can see the future. There will always be choices. Just like how I was unwilling to sell my shares earlier, but I am now willing, as long as you can afford the price."
"A billion US dollars is just my current valuation of the shares I hold. Perhaps in a year or two, the price will be different."
After speaking, Chen Xiu sat back down and quietly awaited Satir's decision.
Upon hearing his words, Sam and Ilya's expressions also became inscrutable.
Satya looked at Chen Xiu with an unpredictable expression, her deep brown pupils gradually becoming hollow and unfathomable.
Time passed slowly, and the four people sat facing each other, the air in the reception room seemed to freeze.
Finally, Satya Nadella's shoulders relaxed.
His lips curled into a slight sigh: "This price is still way over budget..."
"Dong dong!"
A crisp, clear knock interrupted Satya's words.
The four people, including Chen Xiu, were stunned for a moment, then turned to look at the door.
Then, the glass sliding door with privacy film was pushed open, and a face with furrowed brows and downturned lips peered in from outside.
"Hello, aren't you guys done yet?"
(End of this chapter)
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