Revisiting Future Path

The pulse of the 088 era pushes forward

Wei Dongsheng replied to Zeng Liqing: “I don’t have 10 billion US dollars or 10 billion RMB. However, you should know the profitability of Spring and Autumn Network. The monthly sales of "Ten Kingdoms Spring and Autumn" are setting new records every month. Chunqiu Network and Chunqiu Software have brought a net income of 890 million yuan. I admit that 10 billion US dollars is a bit of a boast, but 10 billion yuan, I am sincere. If you are willing to value Tencent at 10 billion yuan, and accept the amount In the annual installment payment, how many shares do you give up and how many shares I receive. In this way, do you still think I am telling a joke?"

At Zeng Liqing's side, the cell phone microphone was blocked again.

In about tens of seconds, Zeng Liqing's voice came again: "Are you sure that Tencent is valued at 10 billion?"

Wei Dongsheng: "Yes."

Zeng Liqing: "Are you sure to acquire Tencent's equity at a valuation of 10 billion?"

Wei Dongsheng: "Yes."

Zeng Liqing: "Do you want my shares?"

Wei Dongsheng: "Yes."

Zeng Liqing: "It is also 1% equity valued at 100 million yuan?"

Wei Dongsheng: "Yes."

Zeng Liqing: "If all 46.5% of the shares of our founder team are transferred, you are willing to pay 4.65 billion yuan in cash?"

Wei Dongsheng: "Yes."

Wei Dongsheng brought 30 years of memory to rebirth. He carefully studied the current companies such as Baidu, Alibaba, and Tencent, and knew that the team led by Ma Huateng was quite effective. However, in the memory of Wei Dongsheng's past life, it was Jia Wenqing and Tencent eighteen tigers who led Tencent to glory. On the other hand, in this world, without Chang Mingxia's imminent order, the trial of the online game industry "Triumph" has almost become a laughing stock for everyone to mock Tencent. Wei Dongsheng feels that the Ma Huateng team is not as good as Jia Wenqing's team. Tencent lacks the Ma Huateng team, and it may be possible to lead to glory faster under his own guidance.

Wei Dongsheng underestimated the role of Tencent's founder team.

If Ma Huateng's team is willing to continue to operate Tencent, Wei Dongsheng is too lazy to spend his mind to invade their property; if Ma Huateng's team is unwilling to continue operating Tencent, Wei Dongsheng will not try to keep it. Zeng Liqing said that when he transferred all the shares of the founder team, he was actually asking about their position in Wei Dongsheng's heart. Unfortunately, the result was very frustrating. What Wei Dongsheng valued was Tencent's long-standing brand recognition and user network in units of 100 million.

Zeng Liqing immediately expressed the attitude of the Tencent founder team: "We have contacted investment banks, and some investment banks have given very aggressive valuation suggestions, valuing Tencent at 15 billion yuan or 30 billion yuan. However, we know our own details. , Tencent’s life and death line is in the hands of Monternet, and after careful calculation, the revenue in 2003 was only 735 million yuan. Why is such a company valued at 30 billion? Relatively speaking, 10 billion is not So high. In fact, if we go to the US to raise funds, our psychological expectation for the market value of Tencent is only 10 billion yuan. If you are really willing to acquire Tencent's equity at a value of 10 billion in cash, we agree in principle."

Speaking of this, Zeng Liqing's conversation changed: "However, our founder team has feelings for Tencent and is optimistic about Tencent's future long-term development. We don't want Tencent to be merged by Chunqiu."

Wei Dongsheng understood what he meant: "In other words, you are not willing to sell the controlling rights?"

Zeng Liqing: "Yes."

Wei Dongsheng had no intention of annexing Tencent, so he took the initiative to take a step back and said: "I can accept the supplementary agreement without voting rights and not interfere with your normal operations. However, you should understand that with voting rights, I can protect my own interests; no voting rights. Right, I can only trust you unconditionally. The two situations are completely different, the risks are also different, and Tencent’s value to me will also be very different. If the transfer is a non-voting share, it must be discounted by half, that is, Tencent’s valuation 5 billion yuan."

Zeng Liqing did not immediately reply: "We will consider it again."

Chunqiu Network is a cash cow. Chunqiu takes a look at search engines and supercomputers as Wei Dongsheng’s main business, and investing in Tencent is just a matter of securing the basics.

Therefore, Wei Dongsheng opened his mouth for 10 billion U.S. dollars and shut his mouth for 10 billion renminbi. In fact, they were only face words of thunder but not rain. Tencent is willing to sell, and Wei Dongsheng is indeed willing to buy, but the payment date will definitely be delayed for a long time, and it is impossible to pay billions in cash within a year.

To raise funds for listing, there is an urgent need for quick money.

If Wei Dongsheng splits the 5 billion valuation into ten years, this rate of realization is absolutely meaningless to Tencent. However, it is impossible for Wei Dongsheng to desperately **** blood from the Spring and Autumn series companies for the sake of meaning and sacrifice his own development time to achieve Tencent's glory.

Wei Dongsheng can conclude that the equity transfer transaction is destined not to go too smoothly.

The valuation of US$10 billion and the valuation of 10 billion US dollars are nothing more than bluffing the team of Tencent founders such as Zeng Liqing.

There are really 5 billion funds, and Wei Dongsheng will use all of it to develop his own business.

Wei Dongsheng didn't care about the psychological dynamics of Tencent's founder team, so he drove back to his hometown.

Compared with the Spring Festival last year, the living environment of the old house has been significantly improved.

The five million yuan that Wei Dongsheng ordered his employees to obtain from the copyright transfer agreement for acting was initially stored in the bank. Dad Wei cared that he and Wei Ma didn’t have the ability to make money. The money must be spent less. He simply left 5 million yuan in the bank as Wei Dongsheng’s tuition and fees, living expenses, wedding room fees, and his wife’s expenses. Funds reserve. After Wei Da participated in the election for the village director and the village party secretary, in order to support the village party secretary as a part-time village director, he had to use Wei Dongsheng's persuasion to use 5 million yuan in copyright. In addition to the expenses during the campaign, Dad Wei cashed out tens of thousands of yuan, sorted out the inside and out of the old house, and the dirt road in front of the house was also paved with cobblestones.

When Wei Dongsheng went home for the New Year, the old house already had the fresh taste of a small farmyard.

To prepare for the New Year’s Eve, the whole family of three sat down and chatted in the background music of the Spring Festival Gala.

Dad Wei often frowns recently, and thinks of his troubles when he chats: "Dongsheng, how is your company?"

Wei Dongsheng: "Very good."

Dad Wei: "You often run outside and talk to Dad, how can Shigan Village develop?"

Wei Dongsheng was stunned.

Before Wei Dongsheng could answer, Dad Wei talked about the difficulties of Shigan Village.

Shigan Village is on the fringe of the old revolutionary area. There are various harsh terrains that the old revolutionary area is used to, but it does not have the various state subsidies that the old revolutionary area should have. Shigan Village has no resources and no special products. It is inconspicuous in Xiangshan District, and it has no sense of existence in Panyang City.

In fact, Dad Wei used to be a very thoughtful village cadre. He held books to cooperate with the various promotion of the township government, persuading the villagers to plant fruit trees, plant Chinese medicinal materials, plant day lily, plant peas, etc., and strive to develop the planting industry based on the current situation. Unfortunately, these projects all ended in failure. Dad Wei also couldn't tell why these projects failed, but simply attributed to traffic factors, market factors, etc. Over time, Dad Wei lost his energy. Seeing Wei Dongsheng’s five million yuan in copyright, Dad Wei’s first thought was not how to use the five million yuan to make a career, but to consider how to preserve the value.

After Wei Da was promoted to the village branch secretary and village director, he still couldn't find the direction of development.

Not being enterprising and finding no economic growth point is not a big mistake of beheading. Shigan Village has been poor for so many years, and no one would expect Dad Wei to lead them to prosperity. Able to be successful, Dad Wei is already a qualified village secretary and village director.

However, the node of the times is very detrimental to Dad Wei.

Governments at all levels in Hedong Province have already raised calls for rural tax and fee reform. If the reform is implemented, within a few years, agricultural taxes will become history, and three mentions and five unifications will also become history. For farmers, this may be good news worth celebrating; for village committees, rural tax and fee reform is undoubtedly a bolt from the blue.

Three mentions and five unifications are the village-level three withdrawals and five township overall plans. Although the three mentions and five unifications are the burden on the peasants, it is also the foundation of the village committee. The operation of the village committee depends on village withdrawal and the township's overall plan to return subsidies. The state cut taxes for farmers, but it also took away the roots of villagers' committees, and villagers' committees and other grassroots organizations were instantly facing a crisis of blood loss.

Before Wei Dad, the village committee often relied on only privileges to eat for nothing, and accumulated a deficit of more than 300,000 yuan in IOUs. Some of these white bars have become "dead debts", and the creditors no longer dream about collecting them. For example, in one of the orders, the village committee owed a restaurant more than 60,000 yuan. The restaurant has now been bankrupt and closed. The restaurant owner and his family fled Shigan Village. The stop loss attitude draws a clear line from the Shigan Village Committee. Although the deficit of more than 300,000 yuan is large, it can be delayed again and again until the creditor gives up the recovery. As long as there are three mentions and five unifications to replenish blood every year, the village committee can maintain normal operations.

If three mentions and five unifications are lost, and the Shigan Village Committee loses its source of funding, the deficit crisis will really become a deficit crisis. If Dad Wei bankrupted Shigan village or led the village committee to the northwest wind, the position of the village party secretary and village director would certainly not be honor but shame.

It's good not to do it before it sucks; after it sucks, it's too thin to hope.

Dad Wei's embarrassment is because he is caught between bad and not bad.

When villagers talk about the decline of the village committee in the future, they will definitely call Dad Wei incompetent. This is why Dad Wei has been frowning all day after taking office as the village party secretary. Dad Wei couldn't think of a way and didn't have confidence in himself, so he asked his children for advice during the Spring Festival holiday.

Facing Dad Wei's cry for help, Wei Dongsheng was momentarily embarrassed and speechless.

In the previous life, Wei Dongsheng studied in Lutong City and started his own business in Yanjing City. He rarely returned to Shigan Village without incident. In the impression of returning home intermittently, Shigan Village is dying again and again. The young people, including Wei Dongsheng, are looking for new outlets in the southeast, northwest and northwest. If it were not for long holidays such as the Spring Festival, it would be hard to see young men and women in natural villages such as Weijiazhuang.

Shigan Village and Weijiazhuang are destined to decline in the future.

Wei Dongsheng has been away from home for a long time, and has long lost his affection for Weijiazhuang, because he never thought of leading his hometown to become rich.

Wei Dongsheng knew that Shigan Village was becoming more and more declining, and he felt that no matter how bad it was, it would not go bad, so Dad Wei had a taste of his long-cherished wish. To be honest, Wei Dongsheng did not believe in Wei's father's talent. If Dad Wei had the ability to lead Shigan Village to its revival, how could Wei Dongsheng waste Dad Wei's talents? He had already set up a layout to start a business with him.

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