My rebirth is different

Page 671

Because everyone is using it for free, you can foolishly give money to people, isn't it stupid?

But only Yu Wenfei knows, or only he is willing to spend this money!

In the era when everyone is "whoring for nothing", if you talk about buying online broadcast copyrights, the price will really be so cheap that it will make people "cry".

No matter how you comment on Lao Jia about LeTV, there is one thing that no one can deny, that is, Lao Jia is really a person with a big structure. In terms of structure and vision, few domestic entrepreneurs can compare he.

When LeTV was first established, Lao Jia invested his limited funds in the acquisition of film and television copyrights. Many classic movies and TV shows were purchased at the price of LeTV, which was extremely cheap!

A movie can cost several thousand or tens of thousands of yuan, and an episode of a TV series can cost hundreds or even dozens of yuan!

This may seem like a fantasy after more than ten years, but it was indeed the case in a few years.

Because those film and television companies don’t pay much attention to online broadcasting. Anyway, there are pirated copies everywhere on the Internet. Suddenly someone came to tell you that I want to broadcast your company’s movies and TV series. How much should I give you?

This... It's too late to be moved, how can I have the nerve to charge more money!

In addition, Facebook has maintained a good relationship with many celebrities, and now Facebook's publicity capabilities are becoming more and more prominent. Many celebrities have long begun to pay attention to their Facebook, and interact with fans more and more.

Then the business department under Facebook went to their company to discuss copyright matters, and the treatment they enjoyed would definitely be different.

According to Yu Wenfei’s estimate, with a copyright budget of a few hundred million yuan, you can buy all the film and television and song copyrights you want. As for the copyright use period, of course it is long, starting from 20 years, and 50 years is not too much !In addition, it is best for this network broadcast right to be exclusive, so as to kill competitors in the "cradle" in advance!

…………

Within a few days after meeting with the investment banks, Facebook also received bidding documents from various investment banks one after another. Modu International Trust and Investment Company did not participate in the bidding because Mr. Liu met with Yu Wenfei in private.

This time, the International Trust and Investment Corporation is going to exchange the shares of Shanghai Pudong Development Bank with Yu Wenfei. That is to say, through the "back door".

Of course, Yu Wenfei would not put these shares of Shanghai Pudong Development Bank under the name of Facebook, because Facebook is not controlled by him alone after all, so putting it there would not benefit other shareholders in vain.

Some benefits can be shared, but some things can only be controlled by one person. The shares of Shanghai Pudong Development Bank belong to this kind of things that cannot be shared.

"Mr. Fei, let's not openly negotiate anything. For Facebook, we have also made an assessment and recognized that this company can reach a valuation of 60 billion US dollars now. So, our share replacement is directly based on this Let’s start with the valuation.” Mr. Liu said enthusiastically.

Of course Yu Wenfei has no objection, he understands Mr. Liu's meaning, because using Shanghai Pudong Development Bank to replace Facebook's shares, which already includes the city's "reward" for him!

If we really want to follow the process, the valuation of Pudong Development cannot be so low, and the valuation of Facebook may not be so high, all with additional conditions.

"Just do what Mr. Liu said! How about this, how much of the Shanghai Pudong Development Bank's shares can you take out?" Yu Wenfei asked straightforwardly.

Mr. Liu said without thinking: "[-]% of the shares, this is the upper limit!"

As for commercial banks, although there have been policies in recent years to liberalize foreign capital and private capital, this is a sensitive area after all, so it can only be done cautiously, and the steps should not be taken too far.

Like foreign capital, that is another unwritten rule. No matter how much money Citi spends, it is impossible to get more than 20.00% of the shares, and it is impossible to control Shanghai Pudong Development Bank.

For private companies, the upper limit is a little higher, after all, they are their own people, so this time, Yu Wenfei will be given [-]% of the shares!

The Shanghai Pudong Development Bank government's own valuation is 90 billion yuan, and 11% of the shares are [-] billion yuan, which is about [-] billion US dollars.

The current valuation of Facebook is 60 billion U.S. dollars, with a total share capital of [-] million shares, so each share is worth [-] U.S. dollars.

Therefore, Yu Wenfei will take out 900 million shares from his own shares to the International Trust and Investment Company.

Currently, Yuwenfei owns a total of 900 million Class B shares of Facebook.

After the transaction with the International Trust Company, there are still 6000 million shares left in his hand, accounting for [-]% temporarily, and due to the dual-level shareholding structure, Yu Wenfei still firmly controls the right to speak on Facebook.

Chapter 573 Can I reach the top of the rich list?

International Trust and Investment Corporation can go through the back door and reach a deal with Yuwenfei privately, but other investment banks are not so lucky, they can only make quotations according to the highest price they can accept, otherwise they may not be able to enter the second round of financing negotiations meeting.

Citibank gritted its teeth and filled in the acceptable valuation of "65 billion US dollars"!They are not only here for the shares of Facebook, but don't forget, they also have the qualifications of underwriters for Facebook's IPO.

Similarly, HSBC is not to be outdone, and the figure on the quotation sheet is not small, 62 billion US dollars!

Deutsche Bank is more cautious and only reported a valuation of US$58 billion.

As for the rest of the investment banks, some are not qualified for IPO underwriting, and some are not too optimistic, and their quotations are lower than those of these banks.

Three days later, Facebook announced that Citibank and HSBC were shortlisted for the second round of negotiations, and all other investment banks were out.

The negotiation this time is much more serious, because this time it will directly determine who will win the financing quota of Facebook and the qualifications of the listed underwriter!

On the Citibank side, Bourne is leading the team, and next to him are his assistants, legal counsel, and senior investment managers.

Across the long conference table, sitting opposite was the representative of HSBC Bank. To Yu Wenfei's surprise, he met his old acquaintance!

When the representatives of HSBC came in, Yu Wenfei was taken aback for a glance. He pointed to a man in his early thirties and asked, "That...you are not from Hang Seng Bank..."

He couldn't remember this person's last name for a while, but when he was a high school student, when he went to Xiangjiang to buy the shop king, he applied for a loan at Hang Seng Bank, and it was this gentleman who received him.

Buying a shop king, applying for a bank loan, and registering Xiangjiang Company, that is the beginning of Yuwenfei's legend.

If he had been stuck at the bank loan level back then, it is estimated that he would not have such a big career now, so Yu Wenfei still has an impression of this person.

Sure enough, he did not mistake the person. Seeing that Yu Wenfei recognized him, the representative of HSBC Bank burst into a smile, stepped forward two steps quickly, stretched out his hands, and said respectfully: "Mr. I work in Hang Seng Bank, and now I'm transferred to HSBC, my surname is Luo, you can call me Xiao Luo."

Naturally, Yu Wenfei would not call him Ronaldinho. This person was obviously a round older than himself. He smiled and said, "Manager Luo! It's a pleasure to meet you. You must have been promoted, congratulations."

Seeing this scene, the representative of HSBC was secretly proud of himself.

He also inadvertently learned that Ronaldinho and Yu Wenfei had such a friendship, so this time he specially brought Ronaldinho over to participate in the negotiation. Add a little impression points.

…………

The second round of negotiations officially started, and Yu Wenfei still asked Cai Congxin to host, while he sat on the sidelines and looked at everyone with a smile.

"Okay, let me announce one thing first. Mr. Yu Wenfei, the major shareholder of Facebook, has reached an agreement with Modu International Trust and Investment Company in his private name to transfer 900 million Facebook shares in hand, so leave it to everyone The share is not much. Facebook will also issue 1000 million additional shares this time, accounting for about [-]% of Facebook’s post-financing share. This proportion of shares will also be Facebook’s third largest shareholder, second only to Yu Yuwenfei and Modu International Trust and Investment Company."

Cai Congxin announced loudly.

The representatives of Citibank and HSBC did not express anything on the surface, but they were envious and jealous in their hearts.

I still have to work hard to negotiate, desperately grabbing the 1000 million additional shares, but the Shanghai Magic City International Trust easily took away 900 million shares!

This person can really piss people off.

Now that the negotiation is getting to the point, there is actually no complicated process. It is nothing more than giving the shortlisted investment banks an opportunity to ask more sensitive and in-depth topics and learn what they want to know.

After all, when it was the first time, some things on Facebook, especially those involving commercial secrets, naturally couldn't be told to everyone.

But this time, I can properly disclose some.

Citigroup took the lead in asking: "May I ask Mr. Cai, when is Facebook expected to turn losses into profits?"

Cai Congxin smiled and replied confidently: "Facebook's hardware investment has come to an end, and the next expenditures are nothing more than software and manpower expenditures. With Facebook's current influence on the domestic Internet, we don't even need to promote it. Expenditures in terms of expenditure. Facebook will be able to come up with a beautiful annual report by next year at the earliest, or the year after the next at the latest!"