My rebirth is different

Page 562

As soon as he sat in his office, Cai Congxin asked the leaders of several major departments to send all the relevant data.

He will spend one night to take a serious look at all these things, because tomorrow, the people from Softbank will come!

Yu Wenfei has already said that letting him lead this negotiation can be regarded as a test for him.

Cai Congxin himself is very good at this. Don't forget that he has worked in an investment bank for several years, and with his background in a law firm, negotiation is of course not a problem.

Perhaps, in terms of negotiation skills, he is better than Yu Wenfei.

This night, until three or four o'clock in the middle of the night, the lights in Cai Congxin's office in office building No. [-] were still on. He didn't know when he went back to the apartment to rest.

…………

On March [-]th, early in the morning, Cai Congxin came to find Yu Wenfei as soon as he arrived at the office.

Although he only rested for three hours last night, he was still full of energy without a trace of fatigue.

"President Fei, I have something important to talk to you about." He said bluntly.

"Sit down, have a cup of coffee?" Yu Wenfei smiled and beckoned him to sit down.

"I think our offer was low in the last negotiation!"

As soon as he sat down, Cai Congxin said something surprising.

"Oh? The valuation of 32 billion is still low? That's US dollars, Mr. Cai read it right, right?" Yu Wenfei said jokingly.

"Of course I know it's US dollars, and I also know that Sina's current market value is 32 billion. This price should be based on Sina's market value. But I still think that Facebook is seriously undervalued!" Cai Congxin said with a serious expression as he leaned forward.

"Then how much do you think Facebook should be worth?" Yu Wenfei asked rhetorically.

"If the market value of Sina is 32 billion US dollars, then our Facebook must be worth at least 40 billion! This is still based on the current development trend. If you include several projects in preparation, it can be even higher!" Cai Congxin Said without hesitation.

Yu Wenfei frowned. The market value of Facebook will of course be very high in the future, even to an unimaginable level!

But the problem is that no one will recognize it now. You value your company at one trillion dollars, and you firmly believe that it will be worth the money. If VCs don’t recognize it, then what’s the use of it...

After all, the company needs to raise funds. If it wants to get other people's money, it needs to be recognized by others.

The reason why Cai Congxin came to Yu Wenfei early in the morning was to reach an internal agreement before the meeting with SoftBank to increase the valuation of Facebook.

Last night, after carefully studying various important data of Facebook at this stage, he found that everyone underestimated Facebook.

This website is not just a simple blog site, it is a huge sticky and all-encompassing social platform!

It is no exaggeration to say that comparing various data, Facebook is no worse than Tencent's QQ in terms of social attributes.

The two just have their own strengths. QQ is more convenient in one-to-one network communication, while Facebook has more advantages in content and one-to-many social interaction.

And there is one point that many people ignore.

That is what QQ can do, Facebook can also do, such as one-to-one network communication, in fact, Facebook now has this function, the background private message is just that.

It's just that this function is not so easy to use, or Facebook has not tapped the potential of this function.

But what Facebook can do, QQ can't do anything...

For example, after a star enters the site, fans can interact with the star in real time conveniently and directly. Can QQ do this?

Like a grassroots netizen who became popular overnight and became a big V with millions of fans, can QQ do it?

For example, on Facebook, you can directly know what kind of person the other person is based on the content of their Facebook, which is not possible with QQ!

Isn't it said on the Internet that when you chat with your QQ friends, you don't know whether the person sitting opposite the screen is a person or a dog...

In addition, since Mei Muzi and Sister Fu Rong became popular years ago, Facebook has really exploded on the Internet.

The user group is no longer limited to fans of Yu Wenfei and many celebrities, and the age group has also begun to explore. In the past, there were many users in their teens and early twenties, but now many users in their thirties have also joined in.

The growth rate of new users is extremely amazing!

It has only been a few days since Yu Wenfei negotiated with Xue Chunhe from Softbank last time, and the number of website users has grown from more than 8000 million to nearly [-] million!

Perhaps, just today, the total number of Facebook users will exceed [-] million.

The more Cai Congxin analyzed, the more he felt that Yu Wenfei's asking price was too low last time!

Besides, Facebook didn’t have me last time, but now I’m here too, how could it be the same price as before.

To put it bluntly, Cai Congxin believes that his arrival is also a support for Facebook's price increase!

Chapter 487 It's Different This Time

Although Softbank has made several major investments in the mainland, Masayoshi Son has not come much.

Under normal circumstances, Xue Chun and the team here first screen the projects, and then submit them to the headquarters. After discussions at the headquarters, the fancy projects will let the corresponding entrepreneurs fly directly to the Softbank headquarters in Tokyo.

Because it is SoftBank's territory, it naturally has a psychological advantage in negotiations.

But this time, Sun Zhengyi also had to personally dispatch to the magic capital.

This time is different from previous investments. Facebook is not a start-up company like Ali and UT Starcom who were eager to ask for money.Facebook is already the leading social platform in China, and VCs eager to send money to it can line up from the Bund to Xinzhuang Science and Technology Park in Minhang District!

The reason why Softbank was able to get this opportunity was only because Xue Chunhe and Yu Wenfei were alumni, so they got this honor.

Therefore, the active-passive relationship is reversed.

"Chunhe, why did Cai Congxin suddenly switch to Facebook? This has a great impact on Ali."

In the Jinmao Tower, SoftBank China Office, Masayoshi Son is talking with Xue Chunhe.

In Ali, Softbank is also a major shareholder, and of course Cai Congxin got the news of his job-hopping immediately.

"After getting the news two days ago, I had a phone call with Mr. Cai, and he told me that Ali is very good and will definitely grow into a big company in the future. But...Facebook, a company with greater potential! He thinks Going to Facebook is a better choice than staying in Ali." Xue Chunhe shook his head and smiled wryly.

In order to leave Ali, Cai Congxin gave up all subsequent equity incentives, and even agreed to let Ali's existing shareholders give priority to the acquisition of the [-]% of the shares he had already obtained.

Sun Zhengyi came here this time, and he had to deal with this matter by the way.

Lao Ma's founder shareholders obviously don't have that much money to buy the shares in Cai Congxin's hands. How can Ali be worth several hundred million dollars now, and a 1000% stake is almost [-] million dollars.

This money is estimated to be paid by Softbank.

The chunky Sun Zhengyi sank into the soft sofa. He took off his glasses, took out a tissue and wiped them carefully.

It took a while before I put on my glasses, "Cai Congxin holds the shares, we will buy them back! China is a big manufacturing country with rich human resources and low labor costs. Being an e-commerce platform has inherent advantages. I am still optimistic about Ali's future. But even Cai Congxin said that he is more optimistic about Facebook, which makes me more interested in Facebook. We have to be prepared, this person is not easy to deal with, and I think this negotiation will not be too smooth.”

Although Cai Congxin is not a major shareholder of Ali, he left a deep impression on Sun Zhengyi.