Chapter 1306 The Beginning of the Acquisition Feast?

Xiao Qi will not tell him that the listing of oil prices is a historical trend, and there is no way to resist it.

The boy just continued: "Then let's talk about the first company first!"

"Qi Shao, please tell me!"

"I want to acquire a social networking site called Linken. They were established in 2003 and are developing well now. This year's revenue is expected to be around 10 million US dollars. I am willing to pay 200 million US dollars to buy all their shares. "Xiao Qi talked eloquently: "And I guarantee that in the future, I will invest no less than 50 million U.S. dollars every year. If the company's PO goes public, the company's executives and employees will be rewarded with 10% of the shares!"

The stock price of a company listed on PO is generally not determined by the price-earnings ratio of net profit, but by the estimation method of annual revenue expectations.

Xiao Qi remembered that the valuation of general technology and Internet stocks is about 8-15 times their expected revenue for the year. The higher the multiple for them, the higher the price of the PO issue.

Linken is a professional social networking site. To put it simply and easily, it is an electronic resume database for companies and individuals. It is not used for making friends, but for work contacts. It is highly professionally targeted.

The specific mode of operation is that a company and an individual put their professional needs, professional abilities, related industry associations, etc. on the social networking site Lynken, and establish and share colleagues and friends. Various information about social circles and relevant company circles.

You can think of it as a job-related online company where a company recruits employees from here, employees come from the company from here, friends introduce jobs to each other... [

Lynken are not directly involved in company recruitment, but they hold a detailed database of career information about companies and individuals.

After a few years or more than ten years of accumulation, this database is the most valuable asset at the core. Any website or company is too far behind, so there is no way to catch up with them.

What Xiao Qi likes is that they are now starting to build a database that will dominate professional social networking sites in the future.

The company that the teenager wants to buy must have its own core resources. This kind of core resource will not be surpassed by others within decades, and it can always maintain the leading position.

Only such a company can keep growing and bring continuous wealth to the Xiao family.

As a professional broker of Citibank, Wade has paid a lot of attention to the emerging industry-the website. After not finding Linken's information in my mind. He knew that the company that Xiao Qi wanted to buy was not a company favored by experts from Citibank. At least not yet has shown its potential.

For such a little-known company, Xiao Qi is willing to buy their equity at an estimated 20 times revenue, which is a bit too generous.

"Since the success with K, there are now more than 200 various social networking sites in the United States, with an average of 20 opening every month, and an average of 30 closing down every month." Wade said in detail what he had seen and heard: "They Many people are trying to cheat money. After receiving investment from venture capital companies, they immediately squandered the funds and declared bankruptcy. They took the money they got from doing accounts and went to Hawaii to bask in the sun and play with beauties...or directly It’s just that it has entered a dead end, without any growth point support, it will only allow more and more funds to be poured into this bottomless hole..."

Listening to Wade's kind advice, Xiao Qi nodded slightly, but at the same time sighed, it is not difficult to be one step ahead. But it is too difficult to cross the time distance of three to five years.

Lynken has not been very high on American social networking sites from beginning to end. Generally, they are not seen in the top five, and the better ones are ranked in the top ten. Compared with social networking sites with high exposure such as k and r, it seems a bit inconspicuous.

But it is not born to be dazzling. Linken has been a professional professional social networking site from beginning to end. It builds social circles for companies and people in the workplace, and obtains their social networks with permission. The database becomes the core resource of the company.

This company went public with a US$45 po in 2011, and once reached a market value of US$10 billion, but then declined rapidly, and it has been rising and falling in the range of 60-70 for a year.

But no one expected that when the financial crisis came to an end, its stock price began to rise instead. After Xiao Qi was reincarnated and reborn, its highest stock price exceeded 250 US dollars per share, and its total market value exceeded 25 billion US dollars. , the average fluctuating market value of the year has also stabilized at 20 billion US dollars, which effectively countered the remarks of investment banks that "Linken will inevitably become another typical example of the bursting of the Internet bubble".

For a company like Linken, Xiao Qi will not sell the shares he bought, because this is wealth that can be handed down from generation to generation. As long as people still need work and the company needs to recruit staff, then Linken's shares are hard currency , absolutely worth the money!

"I have considered all the risks you mentioned." After Wade finished speaking, Xiao Qi said harmoniously: "But my elite team is very optimistic about this company, what I need is to own it! Wade, can you Help me realize this wish?" [

Seeing Xiao Qi's persistence, Wade thought for a while, and said: "I will try my best, but it's rare, you have to tell me your bottom line, otherwise it's easy to talk about it. Americans rarely have Entrepreneurs who sold 100% of their shares!"

Xiao Qi said confidently: "At least 80% of the shares, the price can be increased to 400 million, and the annual investment is not less than 100 million, and when the PO is listed, they will be allocated 10% of the shares."

Wade couldn't help exclaiming: "This condition is too generous!"

"That's because they can bring me more profits." Xiao Qi smiled, "Then, Wade...after this transaction is completed, I remember that Citibank charges diamond VIP users with a service fee of 12% ? The sooner it is completed, the cheaper it is to buy, I will add rewards of varying degrees, and please work harder!"

"Hehe, Mr. Qi, you're out of touch now! I promise to complete the task as soon as possible!" Wade assured, patting his chest.

Those who come from the United States do not regard money as their life, and the more money they make, the happier they are, without any mental burden.

For his own future and money, Wade has made this task his top priority recently.

PS:

After writing a lot of these high-tech websites, Xiucai seemed to feel that these are not difficult, if I go, it should be fine! However, this is also an afterthought, haha!