Chapter 827 Capital Is Ruthless

Chapter 827 Capital is Ruthless

After receiving Yang Chen's news, Yamaguchi Zeyuan and Suzuki Sanonosuke took action immediately.

The two of them went directly to Boss Sun, no matter if they were soft or hard, they had to persuade him to sell all the shares to Yang Chen, and the price was calculated based on the valuation of 150 billion rice gold, not even a penny more. .

If Boss Sun disagrees, the Yamaguchi and Shininagawa families will use their own methods to persuade him to agree.

Boss Sun didn't expect Yang Chen to have such a good relationship with Zeyuan Yamaguchi and Sanosuke Suzuki.

If the two presidents are really willing to stand up for Yang Chen, then Boss Sun must carefully consider whether to agree to all of Yang Chen's purchase requests.

If 4.5% of the equity is sold according to the valuation of 150 billion meters gold, Softbank’s investment in Douyin will get a return of 4.5 times. In fact, this is already very good, and the whole group will definitely accept it happily.

But if Boss Sun didn't sell that 1.5% to Yang Chen, what would Zeyuan Yamaguchi and Saanosuke Suzuki do?

The Yamaguchi Group and the Inagawa Group fight non-stop every day, and they really can do anything.

It is no exaggeration to say that as long as they can force Boss Sun to agree to sell all the shares, they even dare to attack his family, or the company's shareholders and senior management.

For these two groups, murder and arson are commonplace. Is there anything they dare not do?

Boss Sun hurriedly held a meeting of shareholders and the group's high-level executives to discuss the matter of selling Douyin's shares to Yang Chen.

With Yang Chen offering such a favorable purchase price, it is natural that not only Softbank is interested in selling shares, but Tiger Fund, Yuntou Fund, etc. are also interested in selling shares in Douyin.

Just like what Yang Chen said on Weibo, instead of waiting until he doesn't know when it will be listed, and there is still a three-year lock-up period after the listing, it is better to sell it to Yang Chen with more than 3 times the profit now.

If you wait for 3-5 years to make a move, then the market value of Douyin will be lower than the current reasonable valuation. Isn’t that a big loss?

These investment institutions are just to make money, not to control Douyin.

Now they can triple their income instantly, and they don't want to miss the opportunity.

Yang Chen is busy contacting the heads of major investment institutions, and Zhang Yiming is not idle either.

Douyin's equity division is in the hands of those investment institutions, Zhang Yiming's position as a major shareholder will not be shaken, and there is no need to worry that those institutions will intervene in group management.

But once all the shares held by those institutions are sold to Yang Chen, Yang Chen's shareholding ratio is only 2% lower than Zhang Yiming's. This situation is too unfavorable for Zhang Yiming.

Therefore, Zhang Yiming must find a way to prevent the shareholders from selling their shares to Yang Chen.

Zhang Yiming held a general meeting of shareholders as a major shareholder.

At the meeting, he clearly asked the major shareholders not to sell their equity to Yang Chen, otherwise they would not accept their investment requests for all companies under the Digital Beat Group in the future.

However, how could these investment tycoons be frightened by him.

To put it bluntly, they have invested in more companies than Zhang Yiming can name. How can they be frightened by his words?

However, based on the principle of friendly negotiation, the shareholders did not have a showdown with Zhang Yiming directly, but took a curve to save the country to achieve the purpose of selling their shares.

For example, the representative of Yuntou Fund said: "We all understand Zhang Dong's thoughts. But Yang Chen gave too much. Douyin's current valuation of 100 billion meters is already too high, but he still pays a premium of 50% Acquisition. To put it bluntly, when Douyin is listed, whether it can reach 150 billion meters of gold at its peak is a problem. Kuaishou, which is similar to Douyin, is a good example. It has been falling continuously since its listing. It can be expected in the future It will be the same with Douyin’s listing. It peaked on the day of listing, and then fell all the way. Instead of selling at a low price and delaying it for so long, it is better to sell at a high price now and use the money to invest in other projects. I hope Zhang Dong can stand Let us consider the problem from an investor's point of view,

Don't just ask us to do things from your personal standpoint. "

Subsequently, representatives of Tiger Fund also expressed the same meaning.

Although other investment institutions did not speak, their attitudes were the same.

Who can refuse to get 3-4 times the income immediately?

Of course, when everyone cooperates, the shareholders must take into account Zhang Yiming's feelings.

Therefore, the representatives of Sequoia Capital proposed a solution, asking Zhang Yiming to repurchase their shares at a valuation of 150 billion meters.

In this way, shareholders get the benefits they deserve, and Zhang Yiming can firmly control Douyin.

Other shareholders responded and all agreed with this solution.

However, Zhang Yiming himself disagrees.

When he sold his shares to these institutions, Douyin’s valuation was only a few billion meters at its lowest, and only 40 billion meters at its highest.

Now he is asked to repurchase the equity at a valuation of 150 billion meters of gold, isn't he a blood loss?

Besides, he can't spend so much money to buy back the shares.

According to the reality of the rich list, Zhang Yiming's net worth is 340 billion Daxia coins and ranks second.

340 billion Daxia coins are equivalent to 51.6 billion meters of gold.

Based on the valuation of 150 billion meters of gold, the 49% equity in the hands of other shareholders is equivalent to 73.5 billion meters of gold.

Zhang Yiming's wealth of 51.6 billion meters of gold is mainly the company's equity holdings, and he himself has very little cash.

This also means that the money he got from selling all the shares he holds is not enough to repurchase the shares held by Douyin shareholders at a valuation of 150 billion meters.

Therefore, the shareholders said that the plan to let him repurchase shares at a valuation of 150 billion meters of gold would not work at all.

Even if he himself is willing to buy back at a blood loss, he does not have the strength.

Zhang Yiming immediately rebuffed: "That's definitely not possible. When I accepted your investment, the valuation of Douyin was not as high as it is now. How can I get so much money to buy back the shares in your hands? So, I can only hope that you can see it in the future." For the sake of our cooperation, don't sell the equity to Yang Chen. As long as everyone can do this, I will open up more cooperation opportunities to everyone in the future."

The shareholder representatives all laughed.

Using an illusory future to persuade them to give up 3-4 times the income, I really don't know what to say to him.

The representative of Tiger Fund said very directly: "We have given Mr. Zhang the priority to repurchase. If you don't want this opportunity, then we have nothing to do. We are an investment institution, not a charity hall. What we pursue is profit, not favor. If Mr. Zhang develops better works in the future, let's talk about cooperation. If Mr. Zhang doesn't buy back our equity, then we will sell it to Mr. Yang Chen. There is no way, he gave too much, We really can't find a reason to say no."

Foreigners speak and do things more directly, and they don't care about favors or face.

In their eyes, profit is the first priority, and Zhang Yiming's face can be ignored.

Capitalists are cold-blooded and ruthless, and only in this way can they make money.

If the mothers-in-law and mother-in-law are hesitant and haggled by the so-called human face, they will not be able to achieve their current achievements.

Tiger Fund has grown from a capital of several million to the current cash flow of more than 20 billion yuan. Could it be influenced by human feelings?

It can only be said that Zhang Yiming is still too young to experience the ruthlessness of capital.

As soon as Tiger Fund made its statement, representatives of other shareholders quickly expressed similar intentions.

Or, Zhang Yiming bought back the shares they held.

Or, they sold the equity to Yang Chen, in exchange for 3-4 times the income.

Now the decision is on Zhang Yiming's side, he can give a final answer after careful consideration.

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