For a mont.
Rustling of paper echoed through the conference room.
After skimming through the docunts,
the people from Sequoia Capital had just looked up
when they were t with a fighter’s confident and sharp gaze. They thought to themselves, "This isn’t good," realizing that the young ERV chairman, Tang Qing, was clearly well-prepared and wanted to sell ERV’s stocks for a good price.
Moreover, he had done his howork, catching them off-guard with the docunt.
Giving them no chance to question,
the fighter spoke first.
"Gentlen, as you can see, ERV has a very strong profitability, no debt, and no bad assets, which is why you are sitting here."
"You might think so of the company valuations in there are inflated and not worth the price, but what I want to say is that ERV’s potential has not been fully tapped. What you see is ERV’s present, what I see, is the future."
"Your thoughts are actually the sa, to get involved early and achieve the maximum investnt return, but this does not align with my interests. If it were not for the fact that our ERV strategy needs a little of your assistance,
Otherwise, if it were just for money, I would not sell any shares. With ERV’s financial reports, getting a loan of a few billion dollars from any major bank would not be difficult at all.
This is sothing I hope you will keep in mind during the upcoming negotiations. This isn’t a venture capital negotiation, nor are we short on funds. What we lack are visionary, capable, and sincere partners."
It was a long speech.
The aning expressed was also very clear.
It is you who want to take a stake in us, not begging you, so please mind your language when trying to drive the price down.
Indeed.
This kind of unorthodox speech
disrupted the steps of the representatives from the various companies. Yes, they wanted to make money, but it was the other who needed the money, and the words even conveyed another ssage: ERV needed help with a project.
"May I ask, what help are you referring to?" asked Winters, the manager from IDG, the first to speak.
As a partner,
he had not heard of any major moves from ERV.
"I’m sorry, that’s only for the Board of Directors to know. Let’s start with the stock issue. Twenty percent is the most I can offer.
Of course, if you are willing to pay double my valuation of fifty billion dollars, I might consider selling another ten percent of the equity. Otherwise, there’s no deal," said the fighter, drawing a line.
"..."
This attitude from the chairman.
It was outrageously arrogant.
Double the asking price?
Are we fools? This is indirectly admitting that your paper value is one hundred billion dollars. At this price point, their profit margin would not be much, unless ERV’s market capitalization exceeded two hundred billion dollars after going public.
The representatives from various companies looked at each other in dismay.
The fifty-billion-dollar quote was far too different from their estimations; they had to inform headquarters before they could decide whether to continue the negotiation.
However,
so companies sent more significant representatives.
The representative from Microsoft spoke,
"Sir, fifty billion dollars, I believe that far surpasses ERV’s actual value. ’Warfire,’ after all, is only a ga, and it is still uncertain how long it will stay popular, as other manufacturers are also continually introducing similar online gas."
The fighter smiled, "I don’t deny that. However, why then does ’Warfire’s’ online user count continually increase? I think your company should know that ’Warfire’s’ core competitiveness is not just as a re online ga.
It is about constant progress. All gas that try to copy ours gradually lose interest in the market. With our technology, ’Warfire’ can easily stay at the top among similar gas.
Most importantly, how do you know we only have ’Warfire’ and won’t have other online gas coming out?"
"Do you have plans for new ga developnt?"
Once this question was raised,
many were taken aback.
One ’Warfire’ had already been so successful.
If they launched another, could this be the source of confidence for a ga company’s twenty billion dollar valuation?
The fighter said, "Of course, never-ending progress is the spirit of ’Warfire.’ I can tell you here that it will be a ga not inferior to ’Warfire.’"
Since the launch of ’Warfire,’
the new ga had already been planned.
It had already been created, and not just one, but temporarily kept under wraps due to limited human energy. Two equally enjoyable gas would split the users of their own ga.
Thus, Tang Qing was in no rush to release it.
"Even if this new ga is not inferior to ’Warfire,’ a two-hundred-billion-dollar valuation still seems a bit high because this does not an the ga company’s profits will double. At any given ti, players will only play one ga."
Samsung’s representative quickly seized the key point.
"You are correct, but did I say that the new ga’s target audience would be the sa as ’Warfire’? ’Warfire’ is targeted towards n who like adventure and passion, whereas the new ga is aid at won," said the fighter.
"Won play gas less, right? They can’t compare with ’Warfire.’"
"Do not underestimate won’s spending power on entertainnt, just like with costics, clothing, and jewelry, never underestimate won, nor their spending power."
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"..." Samsung’s representative was speechless; I didn’t underestimate won.
But still, how to make money from won through gas, he did not know.
"How do gas attract female consur spending?"
Another person asked.
Samsung’s representative looked over, seeing that the person from Sony was even more direct.
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