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349. whatsapp acquisition 1

The conversation between these two middle-aged men made Lu Zhou feel the so-called "think what others dare not think, and do what others dare not do."

Of course, one of the words is somewhat sarcastic.

Lu Zhou thought about it and the issue of "technology immortality" and "technology immortality" have been aroused by the continuous response this year. He felt that this should be attributed to the progress of biomedical science, but also to the "Silicon Valley upstarts".

These CEOs who are born to advocate "digital punk" are constantly providing funds for this "immortal cause".

There are also various fantasy novels in the world that describe the "utopia" of later generations. Lu Zhou himself may have been influenced by this idea.

He shook his head and said to Lin Xinhe, "Let's go, Brother Lin."

Lin Xinhe stood up and smiled, "Why, why don't you talk to those two?"

Lu Zhou walked ahead and said, "Actually, I believe in this matter. Technology is ahead, and the concept of people is about to become more and more blurred. But seeing that they are investors, there is nothing to talk about, right?"

Lin Xin and Hehe smiled, but didn't say much.

The two walked out of the restaurant side by side, but Luzhou's phone rang, showing Bao Bufan's number.

Lu Zhou, "Hello, Mr. Bao, what's the matter?"

Bao Bufan, "Mr. Lu, have you and Mr. Lin not gone far away? If it is convenient, come to the hotel conference room. There are some situations between the other party, and you need to explain them in advance."

Luzhou Road, "Okay."

He immediately hung up the phone and said to Lin Xinhe, "It seems that the plan to go out and stroll is going to be ruined."

Lin Xinhe smiled and said, "The acquisition matter is important. Mr. Bao is so anxious, so there must be important matters to decide."

Lu Zhou, "I'm not afraid of anything else, it's okay if I can't get it. I'm afraid that Cheng Yaojin will come out to argue halfway through."

Lin Xin and curiously said, "I don't think so. Although whatsapp's indicators grow very fast every quarter, the number of users is only 40 to 50 million, so it should not attract much attention."

Lu Zhou shook his head and smiled, "It can't, Menggu can."

Not to mention anything else, Brother Zhengu has contacted Menggu in the hope of having some cooperation in the Seven Star Laboratory. Product lines such as WeChat have a lot of attention in China. As for others, it is not impossible to say that an international colleague is staring at Luzhou's movements.

Besides, it is not surprising that it can make Penguin and Menggu two Chinese Internet companies come to you one after another.

The two walked to the hotel conference room. After the door was opened, the staff of Neil Huaxing were still in hot discussion.

When Bao Bufan saw the two of them arrive, he stood up to greet them, and then took them to another small table.

He said, "Mr. Lu, in this way, I will first sort out the preliminary agreement that was negotiated before. Because the founder of whatsapp has issued some new requirements in the middle, some need to discuss it later."

Lu Zhou nodded slightly, "Well, you said."

Bao Bufan said, “First of all, the conditions given by Meng Gu.

The preliminary offer was made for US$100 million to acquire 100% of the founding team's shares, of which 50% were paid in cash, paid in three amounts within half a year, and 50% were paid in WeChat new shares.

The shares held by Sequoia are converted into shares of WeXun based on the exchange price of the previous round of financing of WeXun. WeXun needs to give Sequoia another US$50 million in B+ financing amount.

In terms of management, whatsapp will operate as an independent subsidiary and be managed by the original founder team. In principle, WeChat will not interfere in the operation, nor will it be prohibited from competing with WeChat in the market."

Lu Zhou nodded, this was the preliminary consensus reached in advance by the first three parties.

He asked, "So, the new requirement means?"

Bao Bufan said embarrassedly, "The other party may be a little dissatisfied with the 100 million quotation. I guess it may be that the other party was affected by Sequoia. Based on Sequoia's 20% shares, there are only less than 10 million shares of WeXun shares after the conversion.

If we talk about the other party’s newly proposed 200 million quotation, then the shares obtained by Sequoia can directly become the second largest shareholder of WeChat.

In addition, the founding team also hopes to pay only 30% in cash, while the remaining ones will be paid with new shares in WeChat.”

After Lu Zhou's calculations, he really had to calculate this. Although he was the second largest shareholder, his shares seemed to be only around 5%.

The impact will not be too great. After all, it is not easy for WeChat to achieve today's results. Lu Zhou also plans to appropriately increase Cheng Xuyuan's shares. But that's it, this is a waste of 100 million yuan. Lu Zhou is never allowed to accept it, so things must be arguing.

Lu Zhou pondered for a moment and said, "Mr. Bao, what we designed at the beginning was to follow the acquisition of WeChat, operate independently from whatsapp, and Sequoia provides financing assistance. So for 200 million, that 30% is reasonable, because Sequoia provides financing of $50 million. If it is too much, the cash pressure on WeChat is very great.

But then that's what he said, but he can't say anything, I am what I am.

Let’s put it this way, Mo Liao’s current monthly active users are about 30 million. After the valuation of 100 million two months ago, due to management changes, the valuation shrank to 80 million US dollars. Even according to whatsapp’s 50 million monthly active users, the 160 million US dollars can be saved.

But the fact is that Mollah serves a whole Chinese market and has certain monetization capabilities; whatsapp users are scattered in many countries and basically have no monetization capabilities. Not to mention 200 million, 160 million is not enough!”

Bao Bufan also felt a little worried after hearing this. As for the valuation, his father said that his mother had reason and said that his mother was just a matchmaker. The one who was embarrassed was naturally the intermediary.

Whatsapp’s idea is simple. No matter how awesome your WeChat overseas is, I can still occupy a place. Do you ask me to discuss the acquisition? Then you have to make a fortune no matter what.

Luzhou’s statement about valuation is also reasonable, especially whatsapp does not have any commercial plans. This acquisition will still lead to a loss of money, so the price will naturally be suppressed again and again.

Bao Bufan said, "Okay, Mr. Lu. We will try our best to talk about a range that both parties can accept before tomorrow, so that our decision will be smoother tomorrow. There are some small details, so I will send you an email directly, so I won't waste your time."

Luzhou, "Have. Let's contact us if there is any situation."

After saying that, Lu Zhou and Lin Xin left the conference room.

Lu Zhou said to Lin Xinhe, "Brother Lin, you should make more preparations for this money. Be sure to transfer 10 million US dollars of funds to WeChat for backup."

Lin Xin and Hehe smiled. This kid looks like two different things in front of others.

The money provided by Sequoia is not enough, so I still need Chuangmeng to help prepare for it?

The reason is so simple that it cannot be simple. Luzhou can accept the quotation that is much higher than 200 million.

However, he could not tell anyone about such a thing.

"Yeah. Yes."
Chapter completed!
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