MTL - Internet 2010-Chapter 349 whatsapp acquisition one

The conversation between these two middle-aged men made Lu Zhou feel the so-called "thinking what others dare not think, doing what others dare not do".

Of course, one of the words was somewhat sarcastic.

Lu Zhou thought about it for a while. The questions about "technological longevity" and "technological immortality" have been continuously resonating this year. He feels that this is due not only to the progress of biomedicine, but also to the "Silicon Valley upstarts".

These "cyberpunk" CEOs are constantly funding this "immortal cause."

There are also various fantasy novels that describe the "Utopia" of the next generation. Lu Zhou himself may also be influenced by this kind of thinking.

He shook his head and said to Lin Xinhe, "Go, Brother Lin."

Lin Xinhe got up and said with a smile, "Why, why don't you talk to those two?"

Lu Zhou walked ahead and said, "Actually, I believe in this matter. Technology is ahead, and the concept of people will become more and more blurred. But seeing that they are also investors, there is really nothing to talk about."

Lin Xinhe smiled and didn't say much.

The two walked out of the restaurant side by side, but Lu Zhou's phone rang, showing Bao Bufan's number.

Lu Zhou, "Hey Mr. Bao, what's the matter?"

Bao Bufan said, "Mr. Lu, you and Lin didn't go far, right? Come over to the hotel's conference room if it's convenient. The other party has some situation and needs to explain it to you in advance."

Lu Zhou said, "Okay."

He immediately hung up the phone and said to Lin Xinhe, "It seems that this plan to go out and hang out is going to fail."

Lin Xinhe smiled and said, "The acquisition is important. Mr. Bao is so anxious, there must be important matters to decide."

Lu Zhou, "I'm not afraid of anything else, it's okay if I can't harvest it, I'm afraid that I will kill Cheng Yaojin halfway to raise the bar."

Lin Xinhe said curiously, "Then I don't think so. Although WhatsApp's quarterly growth rate is extremely fast, the number of users is only 40 to 50 million, so it should not attract much attention."

Lu Zhou shook his head and smiled, "It can't, Menggu can."

Not to mention anything else, Brother Jingu had contacted Menggu before, hoping to have some cooperation on the Seven Star Laboratory. Wechat and other product lines have attracted a lot of attention in China. As for other products, it is not impossible to say that there is an international counterpart watching Luzhou's actions.

Besides, it is not surprising that a company that can make Penguin and Menggu two Huaxia Internet companies come to the door one after another, whatsapp has more attention.

The two walked to the hotel conference room. After the door was opened, the employees of Neri Huaxing were still discussing hotly.

When Bao Bufan saw the two arrived, he got up to greet them, and then took the two to another small table.

He said, "Mr. Lu, in this way, I will first sort out the preliminary agreement that was negotiated before. Because the founder of whatsapp in the middle has sent some new requirements, it needs to be discussed individually."

Lu Zhou nodded slightly, "Well, you said."

Bao Bufan said, "First of all, the conditions given by Menggu Fang.

The initial offer was US$100 million to acquire 100% of the shares of the founding team, of which 50% was paid in cash, paid in three installments within half a year, and 50% was paid with new shares of WeChat.

The shares held by Sequoia will be converted into shares of Weixin at the exchange price of Weixin’s previous round of financing. And WeChat needs to give Sequoia another $50 million B+ round of financing.

In terms of management, whatsapp will operate as an independent subsidiary, managed by the original founder team. In principle, WeChat does not intervene in operations, nor prohibit it from competing with WeChat in the market. "

Lu Zhou nodded, this was the preliminary consensus reached by the three parties in advance.

He asked, "So, what does the new requirement mean?"

Bao Bufan said embarrassedly, "The other party may be a little dissatisfied with the 100 million offer. I guess that this may be the other party's influence from Sequoia. In terms of 20% of Sequoia's shares, there are less than 10 million shares after the conversion. WeChat shares.

If it is negotiated with the other party's new offer of 200 million, then the sum of the shares acquired by Sequoia can directly become the second largest shareholder of WeChat.

Moreover, the founding team also hopes that only 30% will be paid in cash, and the rest will be paid for by adding new shares in WeChat. "

Lu Zhou calculated for a while, and he really had to calculate it like this. Although he was the second largest shareholder, his shares seemed to be only around 5%.

The impact will not be too big. After all, it is not easy for WeChat to achieve today's results. Next, Luzhou plans to appropriately increase Cheng Xuyuan's shares. But that being said, it would cost an extra 100 million yuan, and Lu Zhou would not accept it, and the matter must be arguing.

Lu Zhou pondered for a moment and then said, "Mr. Bao, what we designed at the beginning was to follow the acquisition of WeChat, WhatsApp to operate independently, and Sequoia to provide financing assistance. So if it is really 200 million, the 30% is reasonable, because The financing provided by Sequoia is 50 million US dollars. If it is more, WeChat’s cash pressure is very large.

But that being said, things can't be what he said, I am what I am.

Let’s put it this way, MoLiao’s current monthly activity is around 30 million. After being valued at 100 million two months ago, the valuation has shrunk to $80 million due to management changes. Even according to whatsapp 50 million monthly living, that 160 million US dollars can also be pocketed.

But the fact is that Mochat serves a whole Chinese market and has a certain ability to monetize; the users of WhatsApp are scattered in many countries, and there is basically no monetization ability. This is not to mention 200 million, not even 160 million! "

After listening to Bao Bufan, he wiped away his sweat~www.novelbuddy.com~ It's about valuation. The father said that the public is reasonable and the mother said that the mother is reasonable. He was talking about a match, and it was naturally his middleman who was embarrassed.

The idea of ​​whatsapp is simple. No matter how good your WeChat overseas is, I can still occupy a place. If you talk to me about acquisitions, then you will have to pay a fortune.

Lu Zhou's statement on valuation is also reasonable, especially whatsapp has no commercialization plan. This acquisition will still lose money, and the price will naturally have to be pressed again and again.

Bao Bufan said, "Okay, Mr. Lu. We will try our best to discuss a range acceptable to both parties before tomorrow, so that tomorrow we can make decisions more smoothly. There are still some other small details, I will send you an email directly, not Waste of your time."

Lu Zhou, "Okay. We'll contact us if there is any situation."

After speaking, Lu Zhou and Lin Xin reconciled out of the conference room.

Lu Zhou said to Lin Xinhe, "Brother Lin, you need to be more prepared for this money issue. Be sure to mobilize 10 million US dollars of funds for WeChat backup."

Lin Xin and hehe smiled, this kid really looks like two people.

The money provided by Sequoia is not enough, and Chuangmeng will help to prepare it?

The reason is as simple as it could be. The offer that Luzhou can accept should be much higher than 200 million.

However, it is impossible for him to talk about this kind of thing to others.

"Hmm. Yes."

:. :