Chapter 825: Yang Chen Is Really Going to Buy Douyin
Zhang Yiming was still very decisive in doing things, he immediately called Yang Chen.
However, Yang Chen was editing Weibo right now, when he saw an unfamiliar call coming in, he immediately hung up.
Zhang Yiming thought that Yang Chen was unwilling to talk to him, so he quickly communicated with Yang Chen through text messages.
Soon, Yang Chen's Weibo was edited and posted.
"It is said that Douyin's current valuation is 100 billion meters of gold. I don't know much about this industry, but I think the valuation made by professional institutions should not be wrong. I know that after several rounds of financing, Douyin's current shareholders have More than a dozen. The purpose of these shareholders investing in Douyin is nothing more than waiting for a high-level listing in the future to cash out. However, there is no news about Douyin’s listing, and there is still a three-year equity lock-up period after listing. This means that it will take a long time for shareholders to cash out. And no one can be sure of the market value at the time of cashing out. However, according to the stock price performance of Internet companies in the past two years, the valuation of Douyin after listing will only decrease. Alibaba has already fallen Three trillion yuan, the stocks of other Internet companies are all appalling, and I think Douyin is no exception. Instead of taking the risk of waiting for several years and possibly losing money, it is better to sell it at a good price now, right? I, Yang Chen, officially announced that I am willing to The valuation of 150 billion rice gold is the standard to acquire the shares of any Douyin shareholders. Interested shareholders can contact me, this opportunity is only one time, I don’t know how long it will take if I miss it.”
Yang Chen's Weibo post was posted, and it quickly attracted countless netizens to watch the fun.
"What am I talking about? The big deal is that Boss Yang bought Douyin, and he really did it. This is rich and willful."
"Haha... Look at my previous comment. I said that Musk was banned from Twitter, and he bought Twitter in a rage. Douyin just restricted the flow of Boss Yang, so it's better for Boss Yang to buy it , it’s not like he doesn’t have this strength.”
"Boss Yang is really so handsome. He doesn't talk too much, so he does what he says. Isn't it a current limit? I bought you, and I push my works every day. "
"Sure enough, the entertainment circle is not as good as the capital circle. Seeing how energetic the big melons in the capital circle are, I even feel that I have participated in it, and I feel a sense of enthusiasm."
"I also want to be as tyrannical as Boss Yang, who dares to offend me. I buy you and play casually."
"The valuation is 100 billion meters, but the premium is 50%. Calculate the equity value based on 150 billion meters, which is really arrogant! The premium of 50 billion meters is equal to the 50 billion meters. .If I were a shareholder, I would definitely sell it. Instead of waiting for the long-awaited listing and equity lock-up period to cash out, it is better to make money now."
...
At this time, Zhang Yiming was still editing the text message, which was already hundreds of words long.
At this time, the secretary called him and reported to him that Yang Chen was going to buy the shareholders' equity.
Zhang Yiming was stunned immediately, this kid is really ruthless.
If there is a disagreement, it will be acquired. The style of doing things is a bit like Musk.
Looking at the hundreds of words he had painstakingly edited, Zhang Yiming had no choice but to delete them, so he quickly logged on to Weibo to check the situation.
Seeing that Yang Chen was willing to purchase equity at a valuation of 150 billion yuan, Zhang Yiming himself was moved.
If it wasn't for worrying that he would not be able to control Douyin, he really wanted to sell his shares to cash out.
As a capital tycoon, Zhang Yiming certainly knows that the stocks of Internet companies are rich.
Pinxixi fell sharply, Ali Baba kept falling, and Kuaishou began to fall after it went public...
Life is tough for Internet moguls.
Some companies are no worse than Douyin, but they can't hold back the stock price and keep chattering.
Zhang Yiming can't guarantee that Douyin will rise after listing. He thinks that there is a high probability that it will follow the same chatter as other big Internet companies.
Regardless of the current valuation of 100 billion meters of gold,
After the real listing, the equity lifting period has come, and the market value may only be 50 billion or even less.
Therefore, Yang Chen is now willing to buy equity at a price of 150 billion rice, which is really very tempting.
Not to mention other pure investment shareholders, even Zhang Yiming, the controlling shareholder, was moved.
But Zhang Yiming knew he couldn't sell his shares, otherwise he would lose control of Douyin.
You can't give up the company you have worked so hard to build so easily.
If it is poor management and has been losing money, it is understandable to sell the equity.
Now Douyin can make stable profits of tens of billions of dollars every year, so there is no reason to sell the shares.
Zhang Yiming immediately sent a Weibo response to Yang Chen.
"x-on:杨晨, Director Yang is really domineering, exactly like the male protagonist in the overbearing president's novel. I called you just now, but you refused to answer, so I typed a few hundred text messages to explain to you, But I didn't expect you to declare on Weibo that you would buy my company before sending the text message. Here, I still want to express my sincere apology to Director Yang. No matter what is right or wrong, the responsibility for this matter really lies Here we are. Let’s talk about Dong Yang’s acquisition invitation. To be honest, I was moved after seeing your offer. However, Douyin is a product I worked so hard to make, just like my child. Director Yang Do you think it’s appropriate to snatch my child away now? We can talk on the phone or meet in person if we have anything to do, don’t work on Weibo. I’ll call you again, and I hope you can answer.”
After a while, Zhang Yiming really called Yang Chen again.
Seeing that it was the unfamiliar number he rejected just now, Yang Chen knew that it was Zhang Yiming calling, so he connected the call.
Zhang Yiming: "Oh, Director Yang, you have answered the phone. You see, if you answered the phone just now, you don't need to post on Weibo."
Yang Chen: "I really want to vibrate, but I'm afraid you will limit my stream, so I can only post it on Weibo."
Zhang Yiming: "Haha... Director Yang is so humorous. Director Yang really wants to buy shares in Douyin, right?"
Yang Chen: "Do you think I'll talk nonsense on Weibo?"
Zhang Yiming: "Does Director Yang simply want to invest in value, or does he have other ideas?"
After several rounds of financing, Douyin now has a total of 12 shareholders.
Among them, Zhang Yiming directly and indirectly holds 51% of Douyin's shares through personal holdings, company holdings, and family holdings.
The rest of the shares are all in the hands of well-known domestic and foreign investment institutions such as Tiger Fund, Cloud Capital, Softbank, Sequoia Capital, etc.
The combined holdings of these institutions are 49%.
Therefore, if Zhang Yiming doesn't sell the shares, Yang Chen can buy up to 49% of the shares from other shareholders.
But in this way, Douyin cannot be listed because there are only two shareholders, Zhang Yiming and Yang Chen.
In order to go public smoothly, the two must sell part of their shares to other strategic investors to expand the number of shareholders.
However, the purpose of Yang Chen's acquisition is for fun, and the video will not be restricted in the future, and he doesn't expect it to be cashed out after it goes public.
Therefore, whether it is listed or not does not affect Yang Chen's operation at all.
But Zhang Yiming is different, he wants to cash out through listing.
If he can't go public to cash out and get money, what's the point of him doing Douyin?
Therefore, Zhang Yiming was determined to prevent Yang Chen from acquiring the shares held by other shareholders, and he could not let Douyin's listing date be extended indefinitely.
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