Chapter 930: Three Letters of Intent

Just when the outside world is paying attention to the battle between Yuanfang and Carrefour. ． update the fastest

On April 18th, Yuanfang Technology, which has been silent this year except for the announcement of financing, finally made some noise.

On April 18th, Yuanfang Mall, PP, Weibo, and Wanka finally broke through the barriers, and the four businesses can be used in one account.

The number one is universal, this is what Li Dong has asked for a long time ago.

However, with the increase of business and users in remote places, the original data center is not enough to provide such services for remote places.

Before the new data center is built, the remote side can only choose to rent the id service of China Telecom.

With the id service support from Telecom, Yuanfang finally has enough ability to break through the barriers.

For the first time, it has really been achieved, and the four major business accounts are interoperable.

As if everyone was not surprised enough, Yuanfang Technology announced that Yuanfang Video has officially won the broadcast rights of the Olympic Games.

Of course, it is only broadcast rights, and exclusive broadcast rights are definitely not possible.

In addition, Yuanfang Mall will merge with Wanjia.com in the near future, officially opening the o2o market, and further expanding its online and offline businesses.

The above is not all.

Yuanfang Technology has held back for several months, except for a battle with Taobao at the end of last year, there has been no movement.

And in the past few months, Yuanfang has been investing in Yuanfang's technology, so it is naturally impossible to just do something like this.

Yuanfang Technology also announced that starting from May 1, the mobile terminals of pp and Weibo will be officially launched.

As for the mall, the current mobile phone and network cannot support it.

The mobile terminal is launched, Yuanfang Mall and Wanjia.com merged, the four major business accounts are common, and won the Olympic broadcasting rights...

If Yuanfang Technology does not make a sound, it will be a blockbuster.

Of course, laymen watch the excitement, while experts watch the doorway.

When Yuanfang Technology announced its financing, there was so much noise suddenly, it was obviously Li Dong who was expressing his dissatisfaction.

He is telling the major investment banks,

He's getting impatient.

If the delay continues, Yuanfang may not continue to choose financing, just like last year.

Last year, the overall valuation of Yuanfang Technology was only in the early 2 billion US dollars, which directly doubled in half a year.

If it is delayed any longer, Li Dong may not even be willing to double it.

...

Li Dong was indeed dissatisfied.

These investment banks are too cautious, and he is a little irritable and impatient.

It has been more than a month since the financing was announced in early March.

In mid-March, he gave a minimum limit of 30 billion yuan.

The structure arrived in mid-April, and these institutions were still dawdling and waiting.

Li Dong knew what they were waiting for, when Yuan Fang ran out of money, and when Yuan Fang bowed his head and begged for help, then they could gain greater benefits.

Is 30 billion RMB much?

Not much at all, only 4.2 billion U.S. dollars converted into U.S. dollars, and the price of Weibo alone exceeded 1 billion U.S. dollars.

For the two major businesses of Yuanfang Mall and PP, the quotations given by them can exceed 3 billion US dollars.

You must know that the mall and pp are not in the incubation period, nor are they in the seed period, and are now in the mature stage.

Even if there is no backdoor listing, the mall and pp launched on May 1, 2006 will be able to operate and go public in another year.

A company that is shortly before going public, if it chooses financing at this time, it stands to reason that it should be robbed.

Even if the two major businesses of Yuanfang failed to achieve the first place, the potential is not low. After the mall merges with Wanjia.com, it may even overtake Taobao.

In this case, is $3 billion really appropriate?

Li Dong didn't bother to dawdle with them, he now understood that being in a hurry was not a business.

This time Yuanfang's financing was not smooth, on the one hand because of the bad market environment, and on the other hand because Li Dong's external signs of lack of money were too obvious.

Yuan Fang spends money like water. He just borrowed tens of billions last year and chose to raise funds in half a year. Obviously, he is telling others that I am short of money, very short of money.

At this time, the investment bank will naturally have to make a decision.

But they don't understand Li Dong. In Li Dong's view, time is money.

If these people are more happy, more straightforward, and quickly complete the financing at this time, let them take advantage of Li Dong's recognition.

But these people delayed time again and again, which made Li Dong miss a lot of opportunities. Even Li Dong went out to borrow money. These people are still making decisions, so he quit!

As soon as the news was announced, Li Dong asked Sun Tao to announce new financing plans to major investment banks.

The three major businesses of mall, pp, and Weibo do not accept unified quotations or unified financing.

It means, the three major businesses, this time Li Dong is going to talk about each item!

Okay, second child, don't you guys look down on me? Let me not talk about the mall and pp first, let's talk about Weibo first!

Weibo has over 100 million registered users, 20 million daily active users, more than 25 million Weibo posts per day, and 50 million advertising revenue in the first quarter of 2008.

50 million doesn't seem like much, and the monthly revenue is less than 20 million.

But don’t forget, how long has Weibo been online and established?

In such a short period of time, Yuanfang Weibo has found an entry point and realized profitability. What kind of concept is this!

No one will refute the well-deserved boss in the country.

The second child doesn't like it, but the boss can take a fancy to it, right?

And when it is disassembled, everyone has the strength to enter.

The value of the previous three items added together is too high. Some small and medium-sized institutions do not even have the opportunity to quote, and are completely monopolized by a few major investment banks.

Now Li Dong gives others opportunities, the more competitors there are, the greater the benefit to the enterprise.

It's not that Li Dong didn't think of this before, but what he wanted at that time was a quick solution, a one-time fix, one-time money to the account, and help him.

But now the time has been delayed instead, and Li Dong is not willing to take advantage of those guys any more.

...

Faraway Building.

The release of the new financing plan means that the major institutions will start quoting again and start competing.

We talked for more than a month before, and it was almost a waste of time.

Sun Tao is also very tired these days, and he said tiredly: "The major investment banks are very dissatisfied, thinking that we are deceiving them, and we need to give them an explanation."

Li Dong snorted coldly: "Explain what? It's a good thing I didn't ask them for an explanation!

If I knew that the financing was not going well, why should I waste time looking for them, and how many things I have been delayed.

You tell them that this financing is the last chance, it’s fine if they don’t want to enter, and even if there is another financing in the future, Yuanfang will blacklist them!

These days, investment banks are not the only ones.

When the financial crisis comes, the market environment is not good, but this time is also an opportunity.

How many financial oligarchs dare not invest if they have too much money, because they can't spend it in their hands.

Besides, the market environment is good, and they want to enter Yuanfang Technology with 30 billion yuan, which is almost a dream. "

Sun Tao smiled wryly, the financing this time became more and more complicated.

While the two were chatting, Bai Su knocked on the door and entered.

Seeing Li Dong's eyes, Bai Su said softly: "Mr. Li, the financing project team just received several letters of intent."

Li Dong glanced at Sun Tao, who shook his head and said, "The plan has just been announced, so I don't know who voted for it."

But both of them understand that it is definitely not an ordinary organization that is so fast and that Bai Su hastened to report.

Li Dong asked: "Who submitted the letter of intent?"

Bai Su didn't speak, but handed several letters of intent to Li Dong.

Li Dong picked up the top one and looked at it, and then said with a sense of deja vu: "horizons venture investment fund?"

As soon as he finished speaking, Sun Tao asked a little strangely: "Mr. Li's private fund?"

Mr. Li in his mouth, of course, does not mean Li Dong.

But Li Dong understood right away, and asked in surprise, "Harbor Investment?"

"Well, I didn't expect a Golden Phoenix to be attracted just after the business was split." Sun Tao smiled and said, "It seems that Weibo is quite popular."

Of course, Sun Tao wasn't too surprised or shocked.

The Horizons Fund has been spreading the net in the past few years, and Lao Li's confidante has helped him invest all over the world.

At the end of last year, Horizons Fund also invested US$60 million in aebook.

Now that I have taken a fancy to domestic microblogs, it doesn't seem too strange.

Whether it's not surprising or not, Sun Tao was still a little curious and said, "What's the price Mr. Li offered?

He is the richest Chinese man, rich..."

Li Dongbai glanced at him, and Sun Tao was joking with himself.

Money is money, but rich people are not fools, they really think their money is for nothing.

As Li Dong expected, the price offered by Victoria Harbor is not too high, 1 billion US dollars.

In fact, this quotation has been exceeded in the next few negotiations.

The $1 billion offer from Victoria Harbor is not worth exclaiming.

Li Dong tapped on the table lightly, thought for a while and said, "Mr. Sun, do you think we can talk?"

The quotation given by Victoria Harbor was not high, but who made Lao Li famous.

Money is not the main thing this time, but fame.

Borrowing Lao Li's name to advertise, the effect should not be too bad.

Sun Tao and him also had the same idea, nodded and said: "It can be discussed, but you can't sell too many shares, just express your intentions, which means that the other party is involved.

Otherwise, we help them work. "

"That's the reason." Li Dong said with a smile: "It is indeed possible to talk, and the rhythm of the opening is not bad.

Money is not the main thing, I can accept 1 billion US dollars, but it depends on the appetite of the other party.

If they ask for too much, I will not agree. If they ask for less, we can continue the discussion. I need his name, and he needs benefits. This is the best way to cooperate. "

Sun Tao nodded and said, "Then I will contact Victoria Harbour."

"Yeah." Li Dong smiled and said, "The first copy gave me a surprise, so I would like to see whose second copy it is."

With that said, Li Dong picked up the second document.

After taking a look, Li Dong smiled and said, "It's indeed a surprise, guess whose?"

Sun Tao smiled wryly and said, "How do you guess this, please give me some hints."

"Internet companies."

"Internet companies..." Sun Tao thought for a while and his eyes lit up, "Baidu?"

"bingo!"

Li Dong didn't ask him how he guessed it, but it's not hard to guess.

There are only a few well-known Internet companies. It is impossible for Ali to invest in Yuanfang, and Tencent will not invest in Yuanfang if it plans to develop Weibo itself.

Others may invest in distant places, probably Baidu.

Yuanfang actually talked with Baidu last year, but then the conversation collapsed.

Now that Baidu is actually interested in Weibo, Li Dong is not too surprised, but he is still a little happy and said: "Yes, the advertisement is a good gimmick.

Both Victoria Harbor and Baidu are optimistic about Weibo, and this alone is enough to promote it.

Similarly, what I value about Baidu is not money, but technical support. Baidu can focus on talking about it here. "

Sun Tao nodded to express his understanding. Yuanfang has always hoped to get Baidu's technical support and project cooperation.

As the largest search engine in China, Baidu has far more users than Yuanfang and Ali.

If you can really get technical support and drainage from Baidu, it doesn't matter if you don't make money on Weibo.

After reading the above two, Li Dong is even more looking forward to the third one.

Bai Su gave three letters of intent in total, and the last one is definitely no worse than the first two.

After Li Dong opened the file and took a look, he shook his head and said with a smile: "Come on, this is interesting, I didn't expect Weibo to attract so many people's attention.

It was sent from Softbank, and our three businesses are packaged, and they will not support the development of our mall.

But Weibo has no business conflict with the mall, and now that it is split, Softbank actually came. "

Before Yuanfang’s three businesses were packaged, in order not to affect Ali, Softbank did not make a move even though it was a little tempted.

Now that Li Dong was about to break up the conversation, Softbank was immediately moved.

Li Dong felt a little proud, but he soon heard Sun Tao shaking his head and saying, "It's hard to talk about Softbank."

"How to say?"

"Mr. Li, don't forget our purpose, the money raised is to be diverted to other projects.

All Softbank wants is Weibo, how could it be possible for us to misappropriate it.

If we spend our money on malls or supermarkets, the result will be the same, and Yuanfang Mall will only get stronger and stronger.

It’s okay to switch to other small investment institutions of Ali. Whether the two invest, the profit and loss will be the same.

Softbank is different. They have invested too much in Ali and are too deeply involved.

They don't want to see our mall get up, so the money raised will only be used on Weibo. "

At this time, Li Dong also woke up, nodded and said: "That's true, so there is nothing to talk about with Softbank?"

Sun Tao laughed and said, "We can still talk about it, just as I told you, even if it doesn't work out, it's fine to advertise.

Ali's largest investor has taken a fancy to us Yuanfang. You said, what will everyone think when the news spreads?

Of course, let's not talk about Weibo, if the words are vague, others will think of the mall. "

Li Dong gave a thumbs up and said with a smile: "I didn't expect that you have learned this set now, yes!"

Sun Tao couldn't help laughing, and Bai Su beside him also laughed.

After reading three letters of intent in succession, Li Dong is in a pretty good mood. Regardless of whether it succeeds or not, at least Weibo's reputation will be completely established now.

Victoria Harbor, Baidu, and Softbank are not fools, and they are also well-known. They are all optimistic about Weibo. Doesn’t it mean that Weibo has a bright future.

Li Dong laughed for a while, and finally said: "Let's make a quick decision, we can't delay any longer, Carrefour is still waiting to use the money."

Sun Tao nodded hastily and regained his composure.

This time, I really can't delay any longer. If it continues, Li Dong may question his execution ability.