Chapter 2621: More Than Just That
Dealing with smart people is very efficient, because they know what you mean as soon as you start. Therefore, this meeting was very short and the effect was very good. Both parties achieved their goals.
However, after the meeting, Fang Yingzhi, who still had no eye contact with Feng Yiping, suddenly said, "I don't like this person, he has too many thoughts."
"What are these concerns and that concerns? In the final analysis, don't you hope that you can provide more protection for his company's future listing?"
"We invested money in him, but we still have to accept his favor? How can this make sense?"
Feng Yiping smiled and said, "As for you, your analysis is very thorough."
What Mr. Chen finally expressed was exactly what Fang Yingzhi said. He hoped that through his cooperation, he could gain Feng Yiping's support when he went public.
It is very difficult for domestic companies to go public in the United States and deal with the U.S. Securities and Exchange Commission and Wall Street underwriters, because ordinary domestic companies do not understand these very well and do not have many connections.
But with the support of someone like Feng Yiping, who has a huge influence on Wall Street, it is different. It can even be said that having Feng Yiping's support is half the battle.
"But when you say this, you are mainly just on our side,"
"It is true that we gave him money, but for him now, he is not short of money, right? If we don't invest, Son will also invest,"
"Moreover, our investment in his company will receive a pretty good return in the future. From this point of view, we really want to thank him,"
"It can't be compared with penguins, how much more rewards can there be?" Fang Yingzhi was a little disdainful.
Maybe this is the hatred of the house and the bird.
"The user scale and development potential do not seem to be comparable to Penguin. However, they are currently focusing on different directions. Because of Facebook, they will be packaged into one package, such as 'China's Facebook,'"
"Don't think it's vulgar, but there are many investors in the United States who will definitely fall for this trick,"
China’s Facebook, coupled with China’s largest population in the world, such packaging will surely deceive many American investors.
"There will really be good returns?" Fang Yingzhi was still a little unsure.
"At least, a return of 4 or 5 times can be guaranteed," Feng Yiping said. "I infer that this project can be successfully launched in the United States within two or three years."
Fang Yingzhi thought about it, and it was not impossible to get 4 or 5 times the return in two or three years.
Mainly because this time, the investment scale negotiated by SoftBank and Renren is relatively large, with an initial investment of US$96 million and an additional US$288 million next year.
The total adds up to more than 380 million. If there is a 5-fold return, then the 380 million will become at least more than 2 billion, which is quite impressive.
"In the future, I hope that your team will give more of their own opinions when deciding whether to invest in a project," Feng Yiping said, "although I can't guarantee how much they will listen."
The reason why he was not very interested in Xiaonei.com after its acquisition was mainly because he felt that after its listing, Renren gradually became a joke.
After mastering the results, he subconsciously ignored the process.
Take Yahoo as an example. The original Yahoo later became a joke. Their total market value was actually lower than the value of the Alibaba shares they held. In other words, the market felt that Yahoo itself had no value at all.
But that doesn't mean no one is making money on Yahoo.
For example, Son Zhengyi, while making a lot of money at Yahoo, he also established his reputation.
In the same way, although Renren later declined, if you invest in the early stage, withdraw some shares before the IPO, and sell some shares later, you can still get very good returns.
And his commitment is also the reason why Mr. Chen readily agreed to cooperate.
Feng Yiping took the initiative to withdraw from the company before and after the IPO, which means that he has no intention of controlling Renren. This will undoubtedly make Mr. Chen breathe a deep sigh of relief.
Otherwise, how could he feel at ease if he allowed a big boss like Feng Yiping to occupy 40% of his company's shares?
Maybe within minutes, his company would become a part of Jiasheng.
Fang Yingzhi was also a little dissatisfied with Feng Yiping's promise, "I also think, why do we take the initiative to declare that we will withdraw quickly when all other conditions are agreed?"
“Why not hold on to some of it and get more returns?”
"We shouldn't be treating him so favorably,"
Feng Yiping smiled and said, "The reason why I made such a promise is of course not because it also involves my personal need for his cooperation, so I am always humble to him."
"I promise so, so I have my reasons."
Fang Yingzhi looked at Feng Yiping's smile and cried out, "You mean..."
But she immediately lowered her voice, "You mean, after listing, the stock price will fall?"
"Escape as fast as you can," Feng Yiping said.
Because he doesn't know the specific process or how long it will take before the price drops after listing, so it is naturally the best choice to close it as soon as possible.
"But, is it possible? Facebook is developing so well. How could Renren not develop well?" Fang Yingzhi didn't believe it.
To be honest, although Feng Yiping really wouldn't do anything to Fang Yingzhi, he couldn't help but feel a little proud when he saw her like that.
As a man, who doesn't want to show off his extraordinary insights in front of a beautiful woman?
"There are many reasons, the main person in charge is different, the competitive environment is different... The most important thing is that the national conditions are different. Not all products that can develop well in the United States and the West will definitely have a bright future in China,"
Fang Yingzhi still looked a little unimaginable.
"I'll just say one point. Because of the cultivation of Penguin and the subconscious distrust of some domestic companies by users, when we need to fill in our real information online, many people will actually subconsciously resist it."
Penguin's nickname, while protecting our privacy and giving a layer of romantic color to the communication between friends who only know each other's nicknames, has also successfully led to some social trends of domestic users.
Compared to completely exposing their own information in front of others, everyone prefers to package themselves.
Looking at all our popular social software, whether it is QQ, WeChat, Weibo, Momo... all are without exception.
Not to mention Mr. Chen, a smart man, who is particularly concerned about how to operate other people's company stocks to make money while running his own company.
In Feng Yiping's company, if there is such a person in charge who does not focus all his energy on his job, he will immediately teach him how to be a man.
"Remember this matter firmly, and I will leave it to you to operate it. Of course, if there is any change, you must communicate with me in time,"
"Thank you for your hard work today!" Feng Yiping nodded at her, and walked out of the meeting room before Fang Yingzhi could react.
…………
In the evening, Feng Yiping once again lay on the lawn that was larger than a football field and looked up at the sky, "I may have to go back to the United States in the near future,"
"Ah?" Jin Ling sat up all of a sudden.
"I received a call from Chief Yang,"
"What happened to Yahoo? But Yahoo is what happened, and it has nothing to do with you,"
"It has nothing to do with Yahoo, Chief Yang, he came to help me and Masayoshi Son get along," Feng Yiping said.
Perhaps it was Chief Yang's call that made Feng Yiping decide to return to the United States. Jin Ling was obviously dissatisfied with him. "Is he used to being the leader?"
"Well, it's hard to say that. Chief Yang is just too honest," Feng Yiping corrected.
"So you accept his mediation and are ready to shake hands with Masayoshi Son?"
"How is that possible? Putting aside other things, do you think Masayoshi Son is the kind of person who can listen to advice?" Feng Yiping shook his head.
After failing to secretly target him with Wall Street, Masayoshi Son was about to openly snatch Twitter from him. He stood in the open from the dark, so how could he stop?
"Then what are you going to do in the United States?" Jin Ling asked immediately.
Are the two people in the United States so attractive to you?
Feng Yiping ignored the little emotion in Jin Ling's words, "Chief Yang's call reminded me of something,"
"So I'm going back this time to make the situation more lively. If I can push Masayoshi Son into the pit, it would be great!"