Chapter 228.9 Small Acquisition (Part 2)
"How to calculate the valuation?" After being silent for a while, Wang Yun finally talked about some substantive issues.
"According to the detailed investigation we entrusted by several consulting companies, we will calculate according to Dazhong.com's current market share, positioning, revenue, etc..." Zhou Bo said while handing them thick materials, "Our The valuation is about RMB 6 billion, if you can come up with better data than this, then we can discuss it again.”
Wang Yun, Wei Zhangbei and several senior executives carefully read the information.
Of course they knew the situation of Dazhong.com very well, but they couldn't help but gasped when they saw the information that Zhou Bo handed over.
There is no other reason. The information and information listed above are really too detailed.
Whether it is revenue, expenditure, market share, etc., it is clearly written, which is much more accurate than the summary materials made by Dazhong.com.
And the asking price of 6 billion is not unreasonable.
In fact, the current valuation of Dianping.com can probably reach RMB 5 billion from contacts with several angel investment companies.
But the valuation of RMB 5 billion is only for the convenience of various angel investors to raise funds and obtain shares.
Now Chose girl has given 6 billion, which has already increased the valuation by 20%, but it just meets the rules of overpaying when acquiring.
One is a shareholding, and the other is a wholly-owned acquisition, so the prices are naturally different.
Although Dianping.com is one of the three major online group buying websites in Huaguo, the problem is that the current group buying market is far smaller than it will be four years later.
After all, the current habit of online group buying consumption is not so regular in China. After more than a year of mixed group buying inspections, many people do not like online group buying consumption. This is related to the business ethics of the past few decades. The reason why Chose girl can develop so quickly in Europe and the United States is precisely because of the good business reputation of the United States and Europe.
Xiao Qi knew that the Dianping.com in the future would fully integrate the users of computers and mobile phones. It will reach a valuation of more than 30 billion, but now they are only worth 6 billion.
Wang Yun and the others also have a full understanding of this.
"I heard that in the companies acquired by Qi Shao and Ms. Tang, the management can obtain a certain amount of shares. I wonder if we will have such benefits after a wholly-owned acquisition?" Wang Yun did not raise any objections to the purchase price. , but another question arises.
"These management shares have certain conditions." Zhou Bo did not deny, "But firstly, it depends on the strength of these acquired companies, and secondly, it depends on their contribution to the company. If your contribution has won the boss's approval, it is entirely possible to obtain shares in the company.”
Wang Yun and the others nodded slightly as they listened. But it is inevitable that I will be a little disappointed.
They originally thought that after the company was acquired, they and others would be able to obtain about 10% of the shares immediately, and then they would be both managers and minority shareholders, and life would be very nourishing.
But I didn't expect that Tang Mingxiang didn't give shares at the beginning, which was different from what they learned about Fairy Company or Mingxiang Venture Capital.
But on second thought, this is very normal.
Unless you are very, very optimistic about the capabilities of these managements, you will give them shares from the beginning. It's not rigorous or it's a bit of a joke.
Of course Tang Mingxiang is not one of the two, on the contrary she is very smart, so there may be a performance appraisal. Only by succeeding can you get shares and greater power.
You want to say that a group of entrepreneurial leaders on Dianping.com are willing to sell their shares?
Of course I would!
On the one hand, they are entrepreneurs from Huaguo. At the beginning, I was full of enthusiasm. After a period of time, I found that my overall view and ability could not keep up, and it was easy to bring the established company to the point of decline.
On the other hand, the purpose of entrepreneurs in Huaguo is not to "change the whole world" like Gangzhu Qiao, and it is absolutely impossible to "increase the competitiveness of Huaguo's electronics industry" like Xiao Qi. They are more In order to make money, make yourself rich. Become a well-known rich man, honor his ancestors.
It is different from the previous life. Seeing the prospect of a group buying website, Dianping.com did not launch its first financing in 2007, but relying on the efforts of several founders, through borrowing money and loans, etc., it finally made it to the current Weiwei profit the point.
Therefore 100% of the shares are in the hands of a group of management.
If everyone sells these shares, the few can get three to five billion yuan, and the large ones can get up to 1 billion yuan. Even Wang Yun can get more than 2 billion yuan. This is a very huge asset.
With this money, even if they don't do anything for the rest of their lives, they don't have to worry about life problems at all.
Besides, Zhou Bo also said that after selling the company, Chose Girl will still hire them as a group of managers and let them be responsible for the development of the Huaguo market. Not to mention the high salary and generous salary, there will be additional share rewards if they do well. This is also a very attractive condition!
The most important thing is that Wang Yun and his group of managers have brought Dianping to its present stage. When faced with the tough attacks from Meituan and Nuomi, they no longer have the confidence to grow Dianping.
Now that they have lost the pioneering courage to start a business, they don't have much attachment to Dazhong.com. After selling it, being a senior professional manager is also a very decent and rich job.
"I know what Miss Tang means." Wang Yun looked at his own face, and said in a harmonious voice: "Mr. Zhou, you have worked hard from a long distance. Please go to the hotel to rest for a while. Let's discuss it here. At that time, we will give you an accurate answer, do you think it is okay?"
When facing Zhou Bo, Wang Yun didn't have any power advantage, so he spoke naturally and very politely.
And he didn't delay in replying, probably because he knew that Zhou Bo didn't have that much patience.
As for the issue of the company handover, there is no need to rush. After the agreement is reached, the specific details need to be discussed for a while. The entire transaction is completed, and it will have to go in April anyway. The most important thing now is an attitude.
"it is good!"
Zhou Bo nodded and didn't say much.
In fact, from his point of view, Tang Mingxiang didn't need to buy such a small company. Even if he didn't have a foundation in the country, but the small boss had plenty of money, it wouldn't be a problem at all to just buy a Huaguo version of Chose girl.
It is best to do any business by yourself.
But because it was Tang Mingxiang's request, Zhou Bo could only follow orders.
...
When Zhou Bo left the meeting room accompanied by the manager of the public relations department, the expressions on the faces of the remaining executives from Dazhong.com became enthusiastic.
"Hehe, it seems that Tang Mingxiang really thinks highly of us!" Chief Financial Officer Zhong Cun took a sip of tea, "Although 6 billion is not too high, it is not far from our psychological distance. How about it? Do you want to fight for more?" a bit?"
The founders of Dazhong.com were classmates when they were in college. They have worked hard together for so many years, and their relationship is very good. Of course, they will not be unfamiliar with each other.
Wei Zhangbei shook his head, "I don't think it's necessary. According to Tang Mingxiang's ability, and with Xiao Qi's supervision, I'm afraid the purchase fee cannot be changed. Talking about it will only annoy them."
"I think so too." Lei Wantian, director of the logistics department, said, "To put it bluntly, we still lack the strength to bargain... If Chose girl is ours, then we don't need to talk about acquisitions, even capital injection or not. Let's see if we're happy."
Everyone laughed.
Wang Yun smiled and shook his hands, "Since everyone thinks so, then we agree on the price."
While several people nodded in agreement, a bright smile appeared on their faces again.
"But although we can't negotiate on the price, we can still talk about other aspects." Wang Yun then changed the subject, "The operation of Dianping.com, investment costs, the treatment of our group, etc. can all be discussed in In the future detailed negotiations, let's talk about it carefully."
"But if we're like this, won't they be unhappy?" Wei Zhangbei was very honest, and then said, "After selling for such a large sum of money, and keeping the current position, and asking too much, Tang Mingxiang Will there be any opinion on us?"
"That's not true." Zhong Cun said, "I know Tang Mingxiang, and I know her temper. This woman is famous for being bold and a heroine. As long as you are capable and reasonable in doing things, then she She won't mind. And most importantly, she has been developing in the United States, and her business thinking is very close to that of Americans, so she has no objection to this normal way of bargaining at all."
"That's good." Lei Wantian then reminded, "But we also have to consider Xiao Qi behind her... I don't know, so she is Xiao Qi's woman! Thinking of becoming one of the affiliated companies of Fairy Company , I was a little excited."
"Who isn't?" Wang Yun smiled bitterly, "Xiao Qi was still in high school when I started my business, but in just a few years, he climbed such a high mountain, while I was still looking up at the bottom of the mountain. Sometimes I have to think, there is a kind of genius in the world, which will make you unattainable."
Several people also very much agree with Wang Yun's statement.
It is definitely anyone's dream to reach Xiao Qi's stage in his career.
Not to mention that companies in Huaguo cannot look up to them, there are not many companies in the world that can compare with Fairy Company.
What is a genius?
This is genius! !
Xiao Qi is a genius! ! ! (to be continued ~^~)
PS: I forgot to thank the brothers who donated to Xiucai Zongzi these two days, thank you for your gifts! !