Chapter 131 Venture Capital Acquisition

Lin Lang and Chu Yiren looked at each other, and they both understood that this could be a major business opportunity.

So, Lin Lang looked at Wang Jianlin and said, "We are willing to consider the possibility of cooperating with Wanda. However, the specific details need further discussion."

Wang Jianlin nodded, raised his glass and said, "I am very much looking forward to reaching cooperation with the Truman Group and Director Lin."

Chu Yiren said, "Director Wang, I can put aside some work and set aside two hours between 3 and 5 pm tomorrow to discuss cooperation with you in depth in the conference room of the Truman Group headquarters."

"Okay, okay! I will definitely attend the meeting on time." Wang Jianlin smiled from ear to ear.

The three of them clinked their glasses with smiles, drank a glass of red wine, and then exchanged business cards.

"Mr. Lin, goodbye!" Wang Jianlin took the initiative to shake hands with Lin Lang and say goodbye.

Lin Lang shook hands politely and said, "Goodbye, Mr. Wang!"

After saying goodbye to Chu Yiren with a smile, Wang Jianlin walked away with a smile on his face.

After Wang Jianlin left.

Chu Yiren looked at Lin Lang and asked, "Dear, do you also think Wanda Plaza is very promising?"

Lin Lang replied: "Not only is it very interesting, it is extremely interesting!"

Chu Yiren asked with a smile: "Then tell me?!"

Lin Lang replied: "The Wanda Plaza that Wang Jianlin plans to build in Haihai is just a large commercial center with a single big box style. It doesn't take into account the surrounding facilities at all."

"The Truman Group only provided land as a stake and co-invested with Wang Jianlin in the Wanda Plaza in Shanghai. The share of profits is very limited."

After hearing this, Chu Yiren said, "Then the Wanda Plaza in Haikou doesn't seem to be very promising, does it?!"

Lin Lang continued with a smirk, "Let's drag Wang Jianlin into the trap and trick him, and we'll make a lot of money!"

"How do we trick this old guy?" Chu Yiren pursed her lips.

Lin Lang replied in a pretentious manner: "The Truman Group took out a piece of land and jointly invested with Wang Jianlin in the large commercial center of Wanda Plaza in Haikou."

"If the Wanda Plaza in Haikou becomes popular, it will radiate and drive the development of surrounding businesses."

"The Truman Group takes Wanda Plaza as its center and builds commercial pedestrian streets, five-star hotels, business hotels, office buildings, high-end apartments and other commercial projects in the surrounding areas, creating a huge urban complex that integrates shopping, leisure, catering, culture, entertainment and other functions to form an independent large-scale business district."

"The most important thing is the large business district in Haihai City. In addition to the Wanda Plaza single large commercial center, Wang Jianlin can get a piece of the pie."

"The remaining Truman five-star hotel, business hotel, commercial street pedestrian street, office buildings, high-end apartments and other commercial projects were all invested and built by Truman Group on its own land. The huge profits have nothing to do with Wang Jianlin."

"hey-hey……"

Chu Yiren exclaimed after hearing this: "Alang, your imagination is extraordinary. Your grand business layout model is not something that ordinary people can come up with."

After hearing this, Lin Lang thought to himself, "I have traveled back from the future. I know the twenty-year development history of Wanda Plaza, including the early, middle and late stages, and the operating models of the four generations of Wanda Plazas. I know them like the back of my hand."

"The Wanda Plaza that Wang Jianlin is currently investing in is only the first generation model. I will directly build all the surrounding supporting facilities and create a fourth generation Wanda Plaza large-scale commercial district to open up the minds of this old guy Wang Jianlin."

After reading it, Lin Lang replied modestly: "I am not talented, I just know a little bit about venture capital business planning, just a little bit! Just a little bit."

Chu Yiren smiled with admiration, and intimately held Lin Lang's arm and teased: "I like the way you pretend to be low-key, but are actually pretending to be cool."

"How much venture capital are you going to invest in Wang Jianlin's Wanda Plaza project?"

Lin Lang replied with a smirk, "Sister Yiren, just invest the money at Truman Group. No matter how much money you make, it will be given to our Lin family as a dowry. Your money is mine. Why should I invest in Wanda Plaza in Shanghai?"

"Hey……"

"Alang, you are plotting against me now, aren't you?"

Lin Lang hugged Chu Yiren's soft waist and said with a chuckle, "Wife, you have to be more diligent and make money for me. From now on, every penny dropped from the sea will belong to us, the chaebol couple."

"Alang, you are ready to eat soft rice and hard food. Now you start calling me wife, right?"

Lin Lang replied: "Sister, I was just joking with you. How could I plot against you?!"

"For a business like Wanda Plaza that has a huge investment amount, a long investment cycle, and a slow return on investment, an angel investor like me who likes to make quick money will naturally let your Truman Group invest."

"My investment area is more inclined towards the fast-growing Internet industry."

"Alang, your little calculation is correct. You saved my sister's life from the death plane. After we got married, the Chu Group's family business naturally became the common property of the couple."

After hearing this, Lin Lang raised his eyebrows and said, "Sister Yiren, can you please call me husband for me?!"

Chu Yiren replied shyly: "I'm a little embarrassed and embarrassed to say it out loud~"

Then, Li Yanhong approached Lin Lang and Chu Yiren with a glass of red wine and a big smile on his face. After smiling at Chu Yiren, he took the initiative to shake hands with Lin Lang and said, "Hello, Mr. Lin! I am Li Yanhong, the founder of Baidu."

It is obvious that Li Yanhong did not come for Chu Yiren, because the Truman Group prefers to invest in the real economy, so Li Yanhong came for the angel investor Lin Lang.

Lin Lang recognized at a glance that the thirty-year-old man in front of him was Li Yanhong, the founder of Baidu who would be worth over 100 billion yuan in the future.

So, Lin Lang shook hands with Li Yanhong politely and asked, "Mr. Li, do you know me?"

Li Yanhong smiled and replied, "Ma Huateng and I are friends in the Internet industry. I heard from Ma that your venture capital acquired Penguin and that you are an angel investor with great vision and courage, so I came to try my luck with Mr. Lin."

Lin Lang is a time traveler and he knows very well that according to Baidu’s development timeline, Robin Li founded Baidu in the year 2000.

At that time, the newly founded Baidu was a downstream industry chain of the Internet industry, and only provided search technology to Internet of Things companies such as Sina. To put it bluntly, it relied on other companies for its livelihood. Baidu was just in its infancy.

In other words, Baidu has not yet transformed from a downstream technical service provider to an independent search engine website for end users.

So, Lin Lang replied: "I see, since he is a friend of our Penguin Ma President, he must be Lin's friend. Nice to meet you, Mr. Li!"

Li Yanhong replied politely: "Same here!"

Then, Li Yanhong introduced himself and said, "I graduated from Kyoto University with a degree in information management, and then went to the State University of New York at Buffalo to complete a master's degree in computer science. I have served as a senior consultant for Dow Jones & Company, a designer of the real-time financial information system for the online version of the Wall Street Journal, and a senior engineer at Infoseek."

"I decided to return to China to start a business at the end of last year. At the beginning of this year, I founded Baidu and hold the patent for the 'hyperlink analysis' technology."

"I hope to get some venture capital from Mr. Lin to help Baidu accelerate the development and promotion of Baidu's search engine."

In the millennium, the domestic search engine market was a blank.

Linlang Venture Capital's acquisition of Baidu was absolutely in line with the trend of the times and took off directly.

So, Lin Lang held up the red wine glass and said elegantly: "Mr. Li is a top student at Kyoto University and has experience in Silicon Valley. I am very optimistic about you. We can discuss the venture capital investment in your Baidu search engine in detail."

After hearing this, Li Yanhong was overjoyed and started talking incessantly about Baidu's "hyperlink analysis" technology patent, which outlined the future development prospects of Baidu's search engine.

Chu Yiren was not very good at investing in the Internet field, and was completely confused by what she heard.

Lin Lang's eyes lit up when he heard this, because at the beginning of Baidu's business, the initial investment amount was only 120 million US dollars, and the current valuation of Baidu is only 3500 million Chinese yuan.

"Mr. Lin, after listening to me for so long, are you willing to invest in our Baidu company?"

Li Yanhong looked at Lin Lang expectantly, his expression somewhat nervous.

Lin Lang smiled and replied, "Boss Li should have heard Ma Huateng say that Lin's venture capital habit is to have an absolute stake. I wonder how much of your company's equity Boss Li plans to give up in exchange for venture capital financing?"

Li Yanhong replied, "That depends on Mr. Lin, how determined he is to support our Baidu startup and how much venture capital he wants to invest."

Lin Lang replied arrogantly: "Lin can spare no effort to fully support the development and application promotion of Baidu search engine, and continue to increase investment in stages until Baidu search engine ranks first among Chinese search engines."

Li Yanhong laughed so hard that he couldn't stop, and said excitedly: "There are many good horses, but it's hard to find a good horse trainer!"

"If Mr. Lin is really willing to spare no effort to help me realize my entrepreneurial dream, then it would be best for Mr. Lin to be the majority shareholder of Baidu with absolute control."

"We at Baidu are willing to offer 55% of our equity in exchange for 3500 million Chinese Yuan of venture capital financing from Mr. Lin. What do you think?"

The current valuation of Baidu is only 3500 million Chinese Yuan.

Li Yanhong exchanged 55% of Baidu's equity for Lin Lang's 3500 million venture capital financing, which is not a loss at the moment, and he even made a profit.

Unexpectedly, Lin Lang replied: "I am willing to invest 5000 million Chinese Yuan to acquire 65% of Baidu's shares. No matter how you calculate it, Mr. Li, you won't lose money, right?"

5000 million Chinese Yuan could have directly acquired all of Baidu's shares, so why did Lin Lang only purchase 65% of Baidu's shares at a premium and specifically reserve 35% for Li Yanhong?

Because the development of Baidu search engine must be led by technical talents like Li Yanhong, who must work hard for several years to achieve full success, Li Yanhong must be given some shares, otherwise who the hell will continue to develop Baidu?

Could it be that Brother Lang led his own technical team and spent several years focusing on developing Baidu successfully and raising funds for its IPO?

Brother Lang spends all his time enjoying life. He should leave the hard work to Li Yanhong and his technical team.

Upon hearing that Lin Lang, an angel investor with a lot of money and a fool, was willing to pay 5000 million Chinese yuan at a premium to venture capital to acquire 65% of Baidu's shares, Li Yanhong was shocked and agreed without hesitation.

"Director Lin is truly the God of Wealth!"

"With a wealthy sponsor like Director Lin investing in our Baidu company, why should we worry that Baidu's search engine won't be a huge success?!"

"Deal, deal!"

Li Yanhong couldn't hide his excitement and shook hands with Lin Lang. He happily sold 5000% of Baidu's shares for 65 million Chinese yuan, which made him rich overnight.

Why is Li Yanhong so happy?

Because Li Yanhong, who had just returned to China to start a business, was recognized by Lin Lang and received venture capital, he transformed from a small-time Internet entrepreneur into a multi-millionaire with a considerable fortune.