Chapter 830 We Refuse

Is there such a coincidence? Feng Yiping suddenly felt a little ironic, and he couldn't help but think of the poem, "You stand on the bridge to see the scenery, and the people who watch the scenery look at you upstairs,"

I just had some ideas about Netflix, and Amazon has been following me so quickly, and has already sent a team to make a formal quotation.

I have to say that the reason why these giants can become giants seems to be no luck at all. The group buying business has just been launched, and it has received so many cooperation invitations. Not to mention, Amazon has decided to acquire it so quickly. This kind of vision, especially this Feng Yiping was really amazed by his ability to act.

You know, Amazon is now a real big company. Group buying went online on the 18th, and they came up with an acquisition plan after the 20th. It seems that there is no big company disease, which is especially rare.

He felt a little honored. After all, it was a kind of affirmation for him that a well-known big company like Amazon took a fancy to the company he founded.

However, what followed was anger, yes, anger!

If in the past, Amazon was very interested in the small business that he relies on for a living, then he would be so happy and happy that he could not find the north. Even small is a well-known figure.

I am also the third largest shareholder of a star company like Google. Although Amazon is now better than Google, Feng Yiping knows that in a few years, Google will throw it away by a light-year distance, and then he will be in Google shares, which may be equivalent to Amazon's total market value.

The most important thing is that NEXTDOOR is the company he has invested the most in, and it is also the company that has entrusted and carried the most hope for him. A format like NEXTDOOR allows him to quickly embed many business models in the future - mobile Those business models that are popular in the Internet age can all be added to it.

At present, in addition to the basic social functions, only small games, comments and group buying have been added. The next step is to add the function of posting photos, likes and comments under the homepage of each family, and of course, advertising...

In short, his idea is to build NEXTDOOR into a comprehensive social networking site based on real information, and then create a personal version. If it doesn’t work out, it will kill Facebook directly in the bud. No, Maybe it won't even have a chance to sprout.

The development area, of course, is not limited to the United States.

He very much believes that as long as there are no major problems, according to the current development trend, it is not difficult to achieve such a goal. A company with such a prospect, you want to buy it as a whole with only $1 billion? What an international joke!

Up to now, I have directly invested more than 400 million, okay? The key is that there are already so many users who like this website, not to mention other business models later, as long as you start advertising on the homepage, plus once a day Is it difficult to make a net profit of millions of dollars a day through group buying?

You Amazon, it seems that you have just come out of the plight of loss!

So he said to Buchanan without hesitation, "Not interested at all, you turn them down for me,"

Buchanan was not satisfied with this condition either. He mainly felt that the bid was too low. He knew very well that according to the current development momentum, it is not impossible for NEXTDOOR to have a market value of over 10 billion when it goes public.

"What's the reason?"

"Let's just say it firmly, no matter now or in the future, no matter what kind of acquisition method, we are not interested,"

Hearing such news in the middle of the night, he is sleepless now. Although he rejected Amazon's proposal, he believes that a company like Amazon is definitely not a good stubble, and will never let it go. It is necessary to predict its possible next step. trend.

The past few years in the School of Economics and Management and the School of Business have not been for nothing. He now knows very well about acquisitions and anti-acquisitions. If Amazon fails to make a good-faith acquisition, it will definitely be a hostile acquisition. Thinking of this, he immediately called Huang Jingping again.

"Didn't go to the company?" He heard the laughter of his daughter next to him, oh, he immediately remembered that according to the Gregorian calendar, today is just his daughter's first birthday, but they still follow the old family rules, celebrating the birthday of the lunar calendar, which is the beginning of April 9, which happens to be the 9th of this month, has already been celebrated.

Of course, compared to the battles between the day of her birth and the day of the full moon, her daughter's first birthday is very simple because she is not there. Huang Jingping doesn't want to hold any party, so she stays at home. Feng Yiping sings her birthday to her daughter through video Song.

"Take your daughter to play today?"

"Yeah, I'm with Lisa and I'm taking Aman to the playground to play, why haven't you slept yet?"

"There is something temporarily,"

Yes, these foreigners do not have the concept of our lunar calendar.

"What's the matter, is it troublesome? I also have something to do. I have received a lot of gifts in the past two days. Those who came during the full moon have given them all. What should I do?"

"Then ask Lisa how to deal with it." Lisa and Mike both have two children, and they should be very skilled in these businesses. "Now this matter really has something to do with you. Listen to me,"

…………

Andy Wilke, head of Amazon's M&A department, led his team to sit in the small conference room of NEXTDOOR. Maybe the question he raised had too much impact on the CEO named Buchanan. After he hurried out, he didn't think about it. Arrange for someone to accompany you.

However, Wilke was very satisfied with Buchanan's reaction. If he heard such news suddenly, he would not be surprised at all, but it would be very troublesome. Such a big reaction just shows that this matter is very operable.

But, isn't the time for his discussion too long? Agree or not interested at all, there should be a general answer first, specific things, that still needs to be discussed.

Wilke stood up, pulled up the sunshade on the window, and looked at the busy employees. If he was at Microsoft, Apple, or Intel, he wouldn't do this, but who said this is just a company that hasn't been listed yet? What about small companies?

He observed the busy employees outside. This is a very young team, but also a very confident team that is very proud of their company, which can be seen from the expressions on the faces of those girls and boys.

Several other employees of the M&A department also followed, looking at this newly established company with a little curiosity. In the United States, in Silicon Valley, it has become a unicorn company (valued at more than 1 billion US dollars) before it goes public. The situation is not too common, and it must have its unique features, but, hehe, no accident, this company will be a part of its own group.

"I'm sorry," Buchanan pushed open the door with a smile, and saw several people standing in front of the window watching without looking out. , There are too many things, today's group buying is too hot, and the number of people online at the same time exceeds expectations, which puts pressure on the operation of the website for the first time,"

"It's okay, Apple's new product, understandable,"

Apple's ipod3, on their website, is now in limited supply, not to mention that NEXTDOOR is still discounted today. Of course, Buchanan said this, which made him more interested in the user base of this website.

Could he be paving the way for a price increase?

"I don't know if your company's board of directors has any opinions?" Wilke asked. The next step is probably to bargain, he thought firmly.

"The board of directors of the company entrusted me to tell you that we are very honored, but we are not interested in any form of mergers and acquisitions, no matter now or in the future," Buchanan felt very happy when he said this.

There aren't many opportunities to turn down a company like Amazon, and there aren't many opportunities to turn down a billion-dollar deal.

Looking at the guys looking at each other, he felt more refreshed, just like drinking iced cherry juice every day, "Of course, we are looking forward to the opportunity to cooperate with your company in other businesses in the future,"

This is his own supplement. Whether it is a person or a business, it is best to speak a little moderation, not to go too far. Many friends are better than many enemies.

"Mr. Buchanan, have you fully submitted our acquisition plan to your company's board of directors?" Wilke's assistant asked.

This is a bit impolite, after all, no matter what the other party says, he is also the CEO of a company.

Wilke glanced at his quick-tempered assistant, is there a need to ask about this? Of course, such an important document will be submitted to the board of directors in its entirety.

"Mr. Buchanan, I apologize for Hunter. I would like to ask, why did your company's board of directors disagree with our acquisition plan? Is it because of the offer?

Our team has considered many factors for this quotation. If we understand well, your company’s total revenue last year was less than US$100 million, so it must be a loss. The quotation of US$1 billion is all in cash, we think Very sincere.

Of course, if your company does not agree with this price, we can negotiate again, but, you know, this may require your company to provide financial statements to support the price increase, because the information we collect may not be comprehensive.

In addition, regarding the specific arrangements after the acquisition, we also have a very careful plan. You and your team will have good positions and salaries. If you have any opinions on this, we can also discuss it."

Acquiring a company is not buying something, as long as the price is right, it involves many issues, such as the arrangement of the original employees, especially the arrangement of the original management, which is very important.

It is simply to buy things, one-time purchase of 1 billion US dollars of goods, and many other issues must also be considered.

"I'm sorry, I have clearly conveyed the opinions of our board of directors to everyone, I'm sorry everyone, let everyone make a waste of time, please,"

After Wilke said such a big thing, Buchanan didn't have any opinion at all, and he was going to see off the guests now.

"Wait, can I trouble you to tell your company's board of directors that our purchase price can be increased to 1.5 billion US dollars, 1.5 billion! All in cash,"

Seeing that Buchanan had no intention of haggling at all, Wilke felt that something was wrong and offered the highest price he could offer.

"I'm sorry, it has nothing to do with the acquisition plan or the price." Hearing that he raised it by 50%, Buchanan was slightly taken aback. It is more reasonable than US$1 billion and US$1.5 billion, but it is also That's all.

Is there really nothing to talk about? Wilke took out another document from his bag, "This is another plan of ours. It is not a merger by absorption, but a shareholding acquisition. Can you pass it on to your board of directors? In fact, this is a win-win plan. We The cooperation between the two companies will be very helpful to improve the performance of your two companies."

Buchanan didn't even accept this document. He knew how many venture capital investment requests his boss had rejected, so how could it be possible for people to control it? "I'm sorry, we really don't have this consideration now,"

"Mr. Buchanan," Wilke stood up, "do you want to pass on this plan again? I think your company's board of directors should also admit that in the field of e-commerce, we, Amazon, definitely have an advantage. Being able to cooperate is naturally good for both of our companies, right?"

These words are faintly threatening. Cooperation will benefit both parties, and non-cooperation will be detrimental to one party.

But these words really don’t scare Buchanan. The group buying on his website and Amazon are two different concepts. Moreover, even if Amazon also engages in group buying, it doesn’t matter. The overlapping customers of the two companies must be very few.

And those Amazon customers, how can there be such stickiness as NEXTDOOR registered users?

With more and more sub-sites, the services provided by the website will become more and more perfect and more considerate. There will only be more and more registered users, and the stickiness will only increase. With these loyal users, there is still what to worry about

Even if there is a 1/10,000 possibility that Amazon's next arrangement will affect the group buying business, that's not a concern. Group buying is just a small part of the business of its own website.

"Mr. Wilke, let me reiterate the opinion of our board of directors. We are not interested in any form of mergers and acquisitions. Of course, it is not ruled out that we will have mergers and acquisitions in the future. Therefore, this is another plan of yours. There is no need to pass it on at all, sorry everyone, please!"

Do these guys who call themselves big companies feel good about themselves like this? Can't let others refuse?

"So, can I have an interview with the members of your company's board of directors?" Wilke still did not give up.

"Sorry, except for one," Buchanan pointed to himself, "all members of our company's board of directors are currently not in the United States,"

is that so? Wilke knew that was not the case, "So sorry to bother you, Mr. Buchanan, I believe we will still have a chance to meet,"

"Goodbye everyone!"

Hehe, meet again, is it possible? Buchanan looked at the group of people who were obviously unwilling to leave, and felt that the chance of seeing him again was very slim. He knew very well that his boss was not something that could be moved by money.