Winning the new financial era
Chapter 195
Chapter 195
"Mr. Zhang, since you want to promote the merger of Huimin Bicycle and Baimo Bicycle, you should show your sincerity.
2 million US dollars, this price is too low.
You know, Baimo has 37 bicycles, and its fixed assets alone have hundreds of millions of yuan. "
Fu Weiwei looked at the young but cunning founder of Huimin Bicycle in front of her, and her face flushed with anger.
"Junior Brother Yida, your quotation is indeed low. Think about it, if Huimin and Baimo merge, how much scale effect will it produce?
The scale effect generated by this alone is enough to pay for the acquisition of Baimo bicycles.
After the merger of Huimin and Baimo, there is no need to beat them to death. How much marketing expenses can be saved? "
Li Bing also spoke, and began to make financial calculations for Zhang Yida.
"As far as I know, the latest round of financing of Baimo Bicycle has a post-investment valuation of only 2 million U.S. dollars!
And that is the valuation given by financing. We have all started businesses and understand the market.
The purchase price must squeeze out a certain amount of bubbles.I will not squeeze the bubble anymore, so I will give you 2 million US dollars. "
Zhang Yida said generously that he didn't know that Fu Weiwei had already had private contact with Pang Lei.
If I knew, I'm afraid I wouldn't be so calm.
Li Bing and Fu Weiwei looked at each other and nodded slightly at the latter.
Fu Weiwei added: "Leech Financial Services has already contacted us, and the quotation given is a pre-investment valuation of 8 million US dollars, and it is ready to invest 4 million US dollars in us."
watt?Jack Ma's brain is showing off?
Zhang Yida couldn't believe what Fu Weiwei said, how could Jack Ma offer you such a good deal?
In his previous life, he seemed to be Baimo invested by Penguin!Ahri has changed in this life?
"Boss Fu is joking, the difference in size between Baimo and Huimin is five times, and the pre-money valuation of our latest round of financing is only US$5 billion.
Moreover, we are the industry leader and have a certain premium.
How could Baimo Bike be valued at US$8 million. "
Zhang Yida shook his head again and again, expressing his disbelief.
"Mr. Zhang, don't believe me. Ari's people told me that they want to complete the strategic layout and control the traffic entrance.
So they are willing to give us financing at this valuation.
I think Ahri's people are still very discerning, seeing the true value of our Baimo bicycles.
Mr. Zhang, don't talk about him anymore, just give him a quick word!
If it is lower than the $8 million offer, we will switch to the Ahri camp. "
Fu Weiwei began to force the palace. Before she came, she had discussed with Li Bing that even if she wanted to sell the company, she had to sell it for a good price, and she had a satisfactory explanation for both the employees and the shareholders.
The idea is tricky!
Despite Fu Weiwei's outstanding acting skills, Zhang Yida still didn't believe that Ari would give such a high valuation and financing amount.
He guessed: All Fu Weiwei did was to raise the value of Baimo Bicycle and get a higher purchase price.
But Ari had already made a move, and Zhang Yida was really flustered.
Bicycle has the foundation, and Ali has the funds.The cooperation between the two will definitely become a serious problem for Huimin Bicycle.
Losing a bet is a trivial matter. What Zhang Yida is afraid of is: everyone will engage in a marketing war together, and the industry will be wiped out in the end.
"Okay, Mr. Fu, let's talk about it! No matter how you value Baimo, it won't be worth 8 million U.S. dollars."
"That's more than $2 million!"
Fu Weiwei said without showing any weakness.
"Analyzing from multiple data dimensions such as industry influence, number of bicycles, cities covered, number of users, and number of orders, Baimobike's valuation will not exceed 2.5 million U.S. dollars.
Huimin Bike can quote up to US$2.5 million, which is also our bottom line. "
Zhang Yida wanted to acquire Baimo Bicycle to increase its market share.
However, this must be based on a reasonable purchase price.
Wanting to pay Weiwei's sky-high asking price, it has reached 8 million US dollars, and Zhang Yida can only sit back and pay back the money.
"We could drop $5000 million, but $7.5 million is our bottom line.
We also need to explain to employees and shareholders who hold equity and options. "
Seeing that Zhang Yida gave in slightly, Fu Weiwei also lowered the price a bit.
"After Huimin Bike completes the new round of 500 million car manufacturing plan, the number of bicycles will reach 672 million.
By comparison, there are only 37 Bicycles.
In terms of volume, we are more than 18 times larger than you.
For Baimo, the merger is the best destination.
In addition, except for some employees whose functions overlap with Huimin, most of Baimobike employees can come to Huimin to work.
Since Mr. Fu said he was thinking about the employees, then I will take care of your worries.
If it is a shareholder, it will be better to explain.According to the purchase price of 2.5 million US dollars, all venture capital shareholders of Baimobike can get a good return. "
"This offer is too low, I won't agree. If we can't reach an agreement, then we will accept Ahri's financing.
Although our current size is not as good as that of Huimin, we have Ari's support.
I believe that we still have the strength to fight. "
Fu Weiwei got up and wanted to leave, but Li Bing stopped her and said to Zhang Yida:
"Mr. Zhang, that's it. We've been thinking about it for two days, and we're going to give each other the most sincere offer.
Of course, it doesn't matter if we can't agree.
There is no benevolence and righteousness in business! "
In this way, the first acquisition negotiation with Baimo broke up unhappy.
……
"Mr. Zhang, we recently discovered a product called "Pinhaohuo", which is very similar to our Pinduoduo, and it also focuses on online group shopping.
The opponent is approaching menacingly, so we must guard against it! "
The staff of Pinduoduo reported to Zhang Yida Hui that Zhang Yida had some headaches, and the matter on the bike sharing side hadn't been settled yet, and Huang Xing's hard work had come to make things difficult for him again.
"Is the boss of the other company called Huang Xing?"
Zhang Yida asked.
"Hey, Mr. Zhang, how do you know? This Huang Xing is said to be an early member of Google China, or the favorite student of Duan Yongping, the godfather of electronic products..."
That's him, that's right!
Zhang Yida found Sun Yutong and explained the situation to him.
Sun Yutong scratched his hair and said, "According to what you say, the other party is indeed a strong opponent. We have to speed up."
"My preliminary plan is to take three steps, the first step is to expand product categories, the second step is to start financing, and the third step is to increase marketing efforts.
We have to get out of position. "
Faced with the threat of competing for good goods, Zhang Yida felt a sense of crisis.
Huang Xing is also a formidable person. Although he started running for a few months first, his advantage is not great, and he can easily be caught up by the opponent.
"Yida, why do I feel that you are a little flustered!" Sun Yutong said with a frown.
"This state is not acceptable, before the enemy moves, you will be in chaos first.
In a panic, how correct are the decisions you make? "
Sun Yutong is now on the same boat as Zhang Yida, so he is very concerned about the development of Pinduoduo.
"Ah, is there? Maybe the pressure has been too much recently! There is another problem with the shared bicycle. Sigh!"
Zhang Yida feels that he has been too anxious recently, and always wants to finish things in one go, in one step.
"The greater the career, the greater the pressure. Don't have too much psychological burden.
You are already ahead of 99% of your peers. "
Sun Yutong patted Zhang Yida on the shoulder and comforted him with a smile.
"Okay! I'll just adjust it! Don't worry." Zhang Yida rubbed his temples and said with a tired face.
"Then let's continue to discuss! Pinduoduo now has nearly 1000 million registered users, and most of them have only participated in 0 yuan shopping.
To put it bluntly, it was for rewards.
For this part of users, I think we need to increase some conversion efforts.
For example: Distribute some shopping vouchers for 20 yuan off when you spend 10 yuan, and daily necessities for 9 yuan and 9 free shipping.
First improve the user retention rate and cultivate users' shopping habits in Pinduoduo.
If there is a loss, it will definitely continue to expand in the short term..."
Sun Yutong continued to support Zhang Yida.
……
"Mr. Zhang, we have raised more than 8 million US dollars in this listing. How should we spend this much money?"
Yimin Wangjin went public, and Fan Hongyang also became a billionaire. He was very embarrassed. At this time, he was looking for Zhang Yida to ask for instructions on the next step.
"Save in the bank and earn interest!"
Zhang Yida was burying his head in replying to the document, and he didn't even raise his head when he said this.
"Huh? Then it's better to use it for loans and investments."
Fan Hongyang said quickly.I thought: What nonsense is Mr. Zhang talking about?Is the operation of depositing a bank what a qualified financier should do?
"That's right. You know how to operate, and you still come to ask me.
I'm so tired every day, you can arrange some small things yourself! "
Zhang Yida finally raised his head and made fun of Fan Hongyang.
There are more and more properties under his name, Zhang Yida is now at his wits end, and began to look for a more effective management method.
"Hey!" Fan Hongyang laughed dryly, and then said, "I think Mr. Zhang has more ideas. With such a large amount of money, the method you proposed will definitely make more money back."
"I'm not so godly, I'm not the God of Wealth." Zhang Yida also found a problem, the people below are too superstitious about themselves, so they come to "Mr. Zhang" if they need anything.
"It's hard to say what the future will be like for the domestic P2P market.
We cannot put all our eggs in one basket.Next, Yimin Wangjin will go overseas, let’s go to Indonesia to be a P2P company first!
After figuring out the experience, it will be copied to other countries in Southeast Asia.
In addition, Yimin Wangjin also initiated the establishment of an industrial investment fund.
Do not invest in any other industry, but invest in Internet financial entrepreneurial projects and upstream and downstream industrial chains in various countries.
When it reaches a certain level, these "points" invested by various countries will be strung together into a "line" to form industrial interaction.
For example, if you go to Indonesia to build a P2P platform, you can invest in an advertising and marketing platform that cooperates on the capital side, and you can invest in consumer installment companies and Internet credit companies on the asset side.
If you can integrate these industrial chains well, you will definitely be able to create another Yimin Wangjin overseas. "
Zhang Yida has long set his sights on the overseas market, and plans to send Fan Hongyang overseas to dig for gold.
"Mr. Zhang, I probably understand that we set up a core P2P company in each country and invest in the upstream and downstream industrial chains."
"It doesn't have to be a P2P company, it should be adapted to local conditions.
Go to the layout early!
It was too late to have a hot mouthful of soup. "
(End of this chapter)
"Mr. Zhang, since you want to promote the merger of Huimin Bicycle and Baimo Bicycle, you should show your sincerity.
2 million US dollars, this price is too low.
You know, Baimo has 37 bicycles, and its fixed assets alone have hundreds of millions of yuan. "
Fu Weiwei looked at the young but cunning founder of Huimin Bicycle in front of her, and her face flushed with anger.
"Junior Brother Yida, your quotation is indeed low. Think about it, if Huimin and Baimo merge, how much scale effect will it produce?
The scale effect generated by this alone is enough to pay for the acquisition of Baimo bicycles.
After the merger of Huimin and Baimo, there is no need to beat them to death. How much marketing expenses can be saved? "
Li Bing also spoke, and began to make financial calculations for Zhang Yida.
"As far as I know, the latest round of financing of Baimo Bicycle has a post-investment valuation of only 2 million U.S. dollars!
And that is the valuation given by financing. We have all started businesses and understand the market.
The purchase price must squeeze out a certain amount of bubbles.I will not squeeze the bubble anymore, so I will give you 2 million US dollars. "
Zhang Yida said generously that he didn't know that Fu Weiwei had already had private contact with Pang Lei.
If I knew, I'm afraid I wouldn't be so calm.
Li Bing and Fu Weiwei looked at each other and nodded slightly at the latter.
Fu Weiwei added: "Leech Financial Services has already contacted us, and the quotation given is a pre-investment valuation of 8 million US dollars, and it is ready to invest 4 million US dollars in us."
watt?Jack Ma's brain is showing off?
Zhang Yida couldn't believe what Fu Weiwei said, how could Jack Ma offer you such a good deal?
In his previous life, he seemed to be Baimo invested by Penguin!Ahri has changed in this life?
"Boss Fu is joking, the difference in size between Baimo and Huimin is five times, and the pre-money valuation of our latest round of financing is only US$5 billion.
Moreover, we are the industry leader and have a certain premium.
How could Baimo Bike be valued at US$8 million. "
Zhang Yida shook his head again and again, expressing his disbelief.
"Mr. Zhang, don't believe me. Ari's people told me that they want to complete the strategic layout and control the traffic entrance.
So they are willing to give us financing at this valuation.
I think Ahri's people are still very discerning, seeing the true value of our Baimo bicycles.
Mr. Zhang, don't talk about him anymore, just give him a quick word!
If it is lower than the $8 million offer, we will switch to the Ahri camp. "
Fu Weiwei began to force the palace. Before she came, she had discussed with Li Bing that even if she wanted to sell the company, she had to sell it for a good price, and she had a satisfactory explanation for both the employees and the shareholders.
The idea is tricky!
Despite Fu Weiwei's outstanding acting skills, Zhang Yida still didn't believe that Ari would give such a high valuation and financing amount.
He guessed: All Fu Weiwei did was to raise the value of Baimo Bicycle and get a higher purchase price.
But Ari had already made a move, and Zhang Yida was really flustered.
Bicycle has the foundation, and Ali has the funds.The cooperation between the two will definitely become a serious problem for Huimin Bicycle.
Losing a bet is a trivial matter. What Zhang Yida is afraid of is: everyone will engage in a marketing war together, and the industry will be wiped out in the end.
"Okay, Mr. Fu, let's talk about it! No matter how you value Baimo, it won't be worth 8 million U.S. dollars."
"That's more than $2 million!"
Fu Weiwei said without showing any weakness.
"Analyzing from multiple data dimensions such as industry influence, number of bicycles, cities covered, number of users, and number of orders, Baimobike's valuation will not exceed 2.5 million U.S. dollars.
Huimin Bike can quote up to US$2.5 million, which is also our bottom line. "
Zhang Yida wanted to acquire Baimo Bicycle to increase its market share.
However, this must be based on a reasonable purchase price.
Wanting to pay Weiwei's sky-high asking price, it has reached 8 million US dollars, and Zhang Yida can only sit back and pay back the money.
"We could drop $5000 million, but $7.5 million is our bottom line.
We also need to explain to employees and shareholders who hold equity and options. "
Seeing that Zhang Yida gave in slightly, Fu Weiwei also lowered the price a bit.
"After Huimin Bike completes the new round of 500 million car manufacturing plan, the number of bicycles will reach 672 million.
By comparison, there are only 37 Bicycles.
In terms of volume, we are more than 18 times larger than you.
For Baimo, the merger is the best destination.
In addition, except for some employees whose functions overlap with Huimin, most of Baimobike employees can come to Huimin to work.
Since Mr. Fu said he was thinking about the employees, then I will take care of your worries.
If it is a shareholder, it will be better to explain.According to the purchase price of 2.5 million US dollars, all venture capital shareholders of Baimobike can get a good return. "
"This offer is too low, I won't agree. If we can't reach an agreement, then we will accept Ahri's financing.
Although our current size is not as good as that of Huimin, we have Ari's support.
I believe that we still have the strength to fight. "
Fu Weiwei got up and wanted to leave, but Li Bing stopped her and said to Zhang Yida:
"Mr. Zhang, that's it. We've been thinking about it for two days, and we're going to give each other the most sincere offer.
Of course, it doesn't matter if we can't agree.
There is no benevolence and righteousness in business! "
In this way, the first acquisition negotiation with Baimo broke up unhappy.
……
"Mr. Zhang, we recently discovered a product called "Pinhaohuo", which is very similar to our Pinduoduo, and it also focuses on online group shopping.
The opponent is approaching menacingly, so we must guard against it! "
The staff of Pinduoduo reported to Zhang Yida Hui that Zhang Yida had some headaches, and the matter on the bike sharing side hadn't been settled yet, and Huang Xing's hard work had come to make things difficult for him again.
"Is the boss of the other company called Huang Xing?"
Zhang Yida asked.
"Hey, Mr. Zhang, how do you know? This Huang Xing is said to be an early member of Google China, or the favorite student of Duan Yongping, the godfather of electronic products..."
That's him, that's right!
Zhang Yida found Sun Yutong and explained the situation to him.
Sun Yutong scratched his hair and said, "According to what you say, the other party is indeed a strong opponent. We have to speed up."
"My preliminary plan is to take three steps, the first step is to expand product categories, the second step is to start financing, and the third step is to increase marketing efforts.
We have to get out of position. "
Faced with the threat of competing for good goods, Zhang Yida felt a sense of crisis.
Huang Xing is also a formidable person. Although he started running for a few months first, his advantage is not great, and he can easily be caught up by the opponent.
"Yida, why do I feel that you are a little flustered!" Sun Yutong said with a frown.
"This state is not acceptable, before the enemy moves, you will be in chaos first.
In a panic, how correct are the decisions you make? "
Sun Yutong is now on the same boat as Zhang Yida, so he is very concerned about the development of Pinduoduo.
"Ah, is there? Maybe the pressure has been too much recently! There is another problem with the shared bicycle. Sigh!"
Zhang Yida feels that he has been too anxious recently, and always wants to finish things in one go, in one step.
"The greater the career, the greater the pressure. Don't have too much psychological burden.
You are already ahead of 99% of your peers. "
Sun Yutong patted Zhang Yida on the shoulder and comforted him with a smile.
"Okay! I'll just adjust it! Don't worry." Zhang Yida rubbed his temples and said with a tired face.
"Then let's continue to discuss! Pinduoduo now has nearly 1000 million registered users, and most of them have only participated in 0 yuan shopping.
To put it bluntly, it was for rewards.
For this part of users, I think we need to increase some conversion efforts.
For example: Distribute some shopping vouchers for 20 yuan off when you spend 10 yuan, and daily necessities for 9 yuan and 9 free shipping.
First improve the user retention rate and cultivate users' shopping habits in Pinduoduo.
If there is a loss, it will definitely continue to expand in the short term..."
Sun Yutong continued to support Zhang Yida.
……
"Mr. Zhang, we have raised more than 8 million US dollars in this listing. How should we spend this much money?"
Yimin Wangjin went public, and Fan Hongyang also became a billionaire. He was very embarrassed. At this time, he was looking for Zhang Yida to ask for instructions on the next step.
"Save in the bank and earn interest!"
Zhang Yida was burying his head in replying to the document, and he didn't even raise his head when he said this.
"Huh? Then it's better to use it for loans and investments."
Fan Hongyang said quickly.I thought: What nonsense is Mr. Zhang talking about?Is the operation of depositing a bank what a qualified financier should do?
"That's right. You know how to operate, and you still come to ask me.
I'm so tired every day, you can arrange some small things yourself! "
Zhang Yida finally raised his head and made fun of Fan Hongyang.
There are more and more properties under his name, Zhang Yida is now at his wits end, and began to look for a more effective management method.
"Hey!" Fan Hongyang laughed dryly, and then said, "I think Mr. Zhang has more ideas. With such a large amount of money, the method you proposed will definitely make more money back."
"I'm not so godly, I'm not the God of Wealth." Zhang Yida also found a problem, the people below are too superstitious about themselves, so they come to "Mr. Zhang" if they need anything.
"It's hard to say what the future will be like for the domestic P2P market.
We cannot put all our eggs in one basket.Next, Yimin Wangjin will go overseas, let’s go to Indonesia to be a P2P company first!
After figuring out the experience, it will be copied to other countries in Southeast Asia.
In addition, Yimin Wangjin also initiated the establishment of an industrial investment fund.
Do not invest in any other industry, but invest in Internet financial entrepreneurial projects and upstream and downstream industrial chains in various countries.
When it reaches a certain level, these "points" invested by various countries will be strung together into a "line" to form industrial interaction.
For example, if you go to Indonesia to build a P2P platform, you can invest in an advertising and marketing platform that cooperates on the capital side, and you can invest in consumer installment companies and Internet credit companies on the asset side.
If you can integrate these industrial chains well, you will definitely be able to create another Yimin Wangjin overseas. "
Zhang Yida has long set his sights on the overseas market, and plans to send Fan Hongyang overseas to dig for gold.
"Mr. Zhang, I probably understand that we set up a core P2P company in each country and invest in the upstream and downstream industrial chains."
"It doesn't have to be a P2P company, it should be adapted to local conditions.
Go to the layout early!
It was too late to have a hot mouthful of soup. "
(End of this chapter)
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