Chapter 827: Capital is ruthless

Chapter 827 Capital is ruthless

Yamaguchi Zeyuan and Suzuki Sanosuke received Yang Chen's news and immediately acted.

The two went directly to Boss Sun. No matter whether it was soft or hard, they had to convince him to sell all the equity to Yang Chen, and the price was calculated based on the valuation of 150 billion meters of gold, not even a penny more. .

If Boss Sun does not agree, then Yamaguchi and Xin Inagawa will persuade him to agree in their own way.

Boss Sun didn't expect that Yang Chen's relationship with Yamaguchi Zeyuan and Suzuki Zuanosuke would be so good.

If these 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 acquisition requirements.

If 4.5% of the shares are sold at the valuation of 150 billion Mijin, SoftBank’s investment in Douyin will get a 4.5 times return. In fact, this is already very good, and the whole group will definitely accept it happily.

But if Boss Sun doesn't sell the 1.5% to Yang Chen, what will happen to Yamaguchi Zeyuan and Suzuki Zuanosuke.

The Yamaguchi Group and the Inagawa Group are fighting every day, and they can really do anything.

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

For these two groups, murder and arson are commonplace, what is it that they dare not do?

Boss Sun hurriedly held a meeting of shareholders and the group's senior management to discuss the sale of Douyin's equity to Yang Chen.

Yang Chen offered such a favorable purchase price. Naturally, not only SoftBank is interested in selling equity, but Tiger Fund, Yuntou Fund, etc. are all interested in selling the Douyin equity.

As 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 three times the profit.

If you wait 3-5 years to make a move, and the market value of Douyin will be lower than the current reasonable valuation, isn't that a big loss?

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

Now that they can triple their profits right now, they don't want to miss the chance.

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

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

However, once all the equity in those institutions was sold to Yang Chen, Yang Chen's shareholding ratio was only 2% lower than Zhang Yiming's. This situation would be too unfavorable for Zhang Yiming.

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

Zhang Yiming held a general meeting as a major shareholder.

At the meeting, he made it clear that the major shareholders could not 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 bigwigs be frightened by him.

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

However, in line with the principle of friendly negotiation, the shareholders did not directly showdown with Zhang Yiming, but adopted a curve to save the country to achieve the purpose of selling equity.

For example, the representative of Yuntou Fund said: "We all understand Zhang Dong's thoughts. But Yang Chen has given too much. Douyin's current valuation of 100 billion meters is already too high, but he still has a 50% premium. Acquisition. It’s a bad thing to say. It’s really a question of whether Douyin can reach 150 billion meters in gold at its peak. Kuaishou, similar to Douyin, is a good example. It has been falling and falling since its listing. The same will be true of Douyin's listing. It peaks on the day of listing, and then falls all the way. Instead of selling at a low price and delaying it for so long, it is better to sell it at a high price now and invest in other projects with the money. I hope Zhang Dong can stand Think about it from the perspective of our investors, don’t just ask us how to do things from your personal standpoint.”

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

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

Who can resist getting a 3-4x gain right away?

Of course, if everyone cooperates, shareholders must take care of Zhang Yiming's feelings.

Therefore, the representative of Sequoia Capital proposed a solution to let Zhang Yiming repurchase the equity in their hands according to the valuation of 150 billion meters of gold.

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

Other shareholders responded, all agreeing to the solution.

However, Zhang Yiming himself does not agree.

When he sold his equity to these institutions, Douyin's valuation was only a few billion meters at the lowest point, and only 40 billion meters when it was high.

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

Besides, he can't come up with so much money to buy back the equity.

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

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

According to the valuation of 150 billion meters of gold, the 49% stake in the hands of other shareholders is equivalent to 73.5 billion meters of gold.

Zhang Yiming's 51.6 billion yuan wealth is mainly the company's equity, and he has very little cash.

This also means that the money in exchange for 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 for him to repurchase shares at a valuation of 150 billion meters would not work at all.

Even if he himself is willing to buy back with blood loss, he does not have this strength.

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

Shareholder representatives laughed.

With an illusory future, I want to convince 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 right of first repurchase. If you don't want this opportunity, then we can't do anything about it. We are an investment institution, not a charity hall. We pursue profits, not favors. If Mr. Zhang develops better works in the future, let's talk about cooperation. If Mr. Zhang doesn't buy back the equity in our hands, then we will sell it to Mr. Yang Chen. 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 human feelings or face.

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

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

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

Tiger Fund has achieved the current cash flow of more than 20 billion meters from a capital of several million. Can it be influenced by human feelings?

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

As soon as Tiger Fund made its statement, other shareholder representatives quickly expressed similar meanings.

Or, Zhang Yiming buys back the shares they hold.

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 think carefully before giving the final answer.

(End of this chapter)

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