Chapter 296

"President Fang, that's the case. Now other shareholders agree to postpone signing the share increase agreement with Huizhong. Although Li Xueling hasn't made a statement yet, I think he should mean the same!" on April 1, April Fool's day, Fang zhe received a call from Li Shuo, who was sent by Huizhong to YY as a director.

On the phone, Li Shuo told Fang Zhe that just yesterday, Tencent sent someone to contact YY's senior management and expressed its intention to buy YY's huanju times company in cash at a price of no less than US $200 million. The disgusting Ma Zong and Tencent even disrupted the situation before Huizhong officially signed the share increase agreement with YY.

Although today is April Fool's day, Fang zhe doesn't think it's Li shuoxian's fault. It's okay to joke with him. In the previous life, Tencent did make a purchase request to YY in 10 years, but the price at that time was US $150 million. Unexpectedly, this happened in this life, and the price given by Tencent was US $50 million higher than that in the previous life, Equivalent to more than 300 million yuan, Ma and Tencent are really enough!

Fang zhe thought carefully and then understood why the quotation of Tencent in this life is one third higher than that in the previous life. I'm afraid the main reason is that Huizhong is one of the shareholders of YY. Huizhong introduced steam into China, so that YY in this life has better development and potential than that in the previous life.

Now, the total number of registered users of YY has approached the threshold of 100 million, which makes QQ, which is also a PC software, feel a great threat. Coupled with the participation of Huizhong, Tencent has reason to believe that allowing YY to continue to develop will threaten QQ's near monopoly position in the field of computer-based social networking.

Although most of YY users belong to game players and entertainment users in the business attributes and user portraits currently displayed by YY, these users were originally considered by Tencent to be in the bag of their own QQ. YY robbed game users in QQ, which is tantamount to threatening Tencent's important profit pillar of game realization.

In particular, YY and Huizhong's steam China are like glue, which makes President Ma feel uneasy. Therefore, now President Ma has also come to take a step to catch YY and Huizhong, especially geying, Fang zhe who made a big show at the IT summit.

Fang zhe believes that even if Tencent is very interested and determined to acquire YY, it will not make too much capital, because the core of Tencent is always QQ. Even if Tencent can win YY, President Ma will bound YY in a framework to make YY more different from QQ, and make up for the fields and markets that QQ can't touch, rather than competing with QQ for users.

In addition, Huizhong and Fang Zhe, as one of YY's shareholders, also don't want to see Tencent acquire YY. It can be said that Tencent's complete acquisition of YY is almost impossible.

Therefore, Fang zhe felt that Ma and Tencent deliberately made such a move this time just to disgust him.

However, to understand the reason is one thing, and how to deal with it is another. Far from it, it is worth pondering the attitude of other shareholders of YY reported to him by Li Shuo and Li Xueling, the largest shareholder and founder of YY.

Among YY's shareholders, in addition to Huizhong, President Lei and founder Li Xueling, there are also two other major shareholders and a number of minority shareholders, including the international venture capital fund GGV. For these shareholders, if the timing and return are appropriate, it is also a good thing to exit. After all, their main purpose of investing in YY is to make money.

In April last year, GGV invested yy23 million US dollars. At that time, YY's valuation was only about US $100 million. Now Tencent promised to buy it at a price of no less than US $200 million, and it was still cash. GGV's investment alone made a net profit of more than US $20 million.

Not to mention those shareholders who invested in YY earlier, so it's not surprising that other shareholders of YY want to delay signing the share increase agreement with Huizhong. Li Xueling, founder and head of YY, can't make up his mind.

If Li Xueling agrees to sell YY, with his shares in YY, he can become a real billionaire in an instant, rather than just an imaginary number supported by valuation as before.

"The sooner you arrange for Li Xueling to meet me, the better. Don't delay the signing ceremony scheduled for next Friday!" Fang zhe told Li Shuo and hung up. Although Li Xueling didn't accept Tencent's olive branch to sell YY in his previous life, who knows if there will be any variables in this life, even if Li Xueling or other shareholders sell some shares to Tencent, That's not what Fang zhe likes to see.

In his previous life, Li Xueling made a decision not to accept the acquisition of Tencent and struggled for a month. Now Fang zhe has no spare time to wait for his own psychological struggle. The signing ceremony for the share increase agreed by Huizhong and YY is next Friday. Fang zhe does not intend to delay or delay this matter. Increasing the share of YY early is related to Fang Zhe's series of plans for Tencent.

On Sunday, April 4, in the private room on the third floor of Wudaokou century restaurant in Zhongguancun, Fang Zhe and Li Xueling, as well as Li Shuo and another senior manager of YY, four people chatted while eating.

Although Huizhong became a shareholder of YY as early as last year, this is Fang Zhe's first meeting with Li Xueling. Before, the trivial things between Huizhong and YY were handled by Li Shuo. Fang Zhe's only thing related to YY was to find president Lei as a lobbyist to persuade Li Xueling and other senior executives of YY to agree to Huizhong's shareholding.

As the third largest shareholder of YY, Mr. Lei naturally knows about the cutting of the beard by Tencent. However, without exception, he is on the side of Fang Zhe and Huizhong. The acquisition of YY by Tencent can at most give Mr. Lei a lot of wealth. However, by contrast, he is more willing to sell Huizhong and Fang Zhe, so as to better maintain his relationship with Fang Zhe, Xiaomi and Huizhong.

President Lei originally planned to help Fang zhe become a lobbyist again today, but Fang zhe refused. President Lei would just help Fang Zhe and Huizhong become a lobbyist. If he helped again, it would inevitably destroy the relationship between him and other shareholders of YY and founder Li Xueling.

Of course, even if President Lei doesn't care about this, Fang zhe doesn't want to owe more favor to President Lei. Human favor is much more difficult than money. Moreover, Fang Zhe is also very confident. With his own ability, he persuaded Li Xueling to stand firmly on his side and Huizhong and give up nonsense ideas such as selling YY to Tencent.

"President Fang, I'd like to propose a toast to you first. Thank you and Huizhong for your support and care for our company all the time!" Li Xueling is also interesting. Although he is more than ten years older than Fang Zhe in age, he obviously understands the reason why shopping malls speak according to his ability. In today's Internet industry, in addition to the leaders of bat and some people who don't appreciate it, Who can't say "president Fang" or "you" in front of Fang zhe?