After talking to his senior sister, Lin Yi called for his CFO.
"Jenny, we need to sell a batch of stocks. Most of them are owned by senior sister, and there is also a part of mine. The total value is about US$1 billion."
Liu Jiani's heart skipped a beat, and the first question she asked was not about stocks: "Have you two decided to part ways?"
Lin Yi explained patiently: "Don't be nervous first. Senior sister and I didn't have any quarrel. We didn't even have any conflicts or unpleasantness."
"For reasons you already know, senior sister cannot continue to work with me while traveling thousands of miles, so I decided to find another position for her."
"I have my eye on a good target and I am currently looking to sell it. US$1 billion is the capital I have prepared for this acquisition."
"I know that at this time, as co-founders, my senior sister and I are reducing our holdings of the company's stocks at the same time, which is a bad signal."
"The reason why I want to reduce part of my holdings and participate in the merger and acquisition prepared for her is to show the outside world that there are no rifts in our relationship."
"Nevertheless, there must be a lot of work to do on the investors' side, so I can only trouble you to explain it to them."
Liu Jianni probably understood what he was thinking.
The post-money valuation of Wanli Travel’s latest round of financing is US$55 billion, and Lin Yi’s shares are worth more than US$7 billion.
Correspondingly, Li Moyan's net worth is already US$1.4 billion, and he is also qualified to be listed on Forbes.
If the two of them cash out US$1 billion together, and Li Moyan is the main shareholder, her shareholding ratio in Wanli Travel will be reduced by approximately half, but she will still be able to retain her status as the second largest individual shareholder.
The changes on Lin Yi's side were relatively small and had no major impact on his control over the company.
In this way, Li Moyan's departure can be explained as pursuing other personal careers, rather than having an irreconcilable conflict with Lin Yi in Wanli Travel.
"This... makes sense. Although investors will inevitably have various speculations, the company's current operations are stable, so it has nothing to do with the overall situation."
Liu Jianni had warned Lin Yi before, but the relationship between them was a private matter after all, and she could not interfere.
As the CFO of Wanli Travel, since Lin Yi and Li Moyan had already made plans for the company, she could only cooperate as much as possible to minimize the impact of this change on the company.
"If any important shareholder has questions about this, such as Factory A or whoever it is, you can ask them to come to me directly."
After Lin Yi made this explanation, he asked: "It shouldn't be difficult to sell stocks worth US$1 billion, right? I know there are private transactions between investors."
This means that Wanli Travel has not yet been listed on the market. After the IPO, there is no need to reduce the holdings at all. You can get the money by pledging directly.
Liu Jianni answered matter-of-factly: "It's not difficult, but if you have enough time, of course you have to be prepared to communicate in advance and release it in batches."
"Are you anxious?"
Lin Daodao: "It's not a big deal to be in a hurry, but the sooner the better. After all, the target I'm planning to discuss is about grabbing food from the tiger's mouth."
Liu Jiani had no intention of asking at first, but her curiosity was slightly aroused after hearing what he said.
As a former professional venture capitalist, she should be very keen on the rumors of transactions in the venture capital market, but after all, she has been a CFO for several years, and her attention to non-travel related matters is definitely not as good as before.
From what Lin Yi said, it is obviously a project with a long span.
"What are you going to buy?"
…
Lin Yi didn't intend to sell it off, but the APP he wanted to acquire was really not well-known, and even if he mentioned it, no one might know it.
At least that's the case domestically.
Its icon is a pink trembling note in a circle with a white background. Its official name is Musically. It is currently mainly popular among teenagers in the United States, with daily active users reaching 5 million.
This is a music short video APP, but it was not invented by Americans.
Lin Yi ran to Shanghai to find the two founders of this company. Not only were they unknown outside the industry, they were also relatively unknown within the industry.
The main appearance is also weird.
One of the two founders is Yang Luyu, who has very small eyes, curly hair, and earrings; the other is Zhu Jun, who has long hair and a beard and dresses like a Taoist priest.
If Lin Yi hadn't known that he was looking for the wrong person and met these two punk youths on the street, he wouldn't have believed that they were the founders of an important short video APP.
After an introduction between the two parties, Lin Yi's own reputation is now far greater than that of the other party.
"Let me tell you two straight, I came here today because I heard that Musically, which you founded, is looking for sale and I am interested in participating in this acquisition."
The two people opposite actually found it strange.
Of course they are not ignorant enough to recognize Lin Yitang, the "head of the new three giants", but the key point is that Wanli Travel's business has nothing to do with their Musically, right?
"Since Boss Lin is quick to talk, please forgive us for being frank. You are talking about selling, but I didn't expect you to be interested in it."
Lin Yi understood what they meant. He had to let them know that he was not just playing on a whim, but he couldn't act too eager to let the other party manipulate him.
"To tell you the truth, I am not actually representing Wanli Travel this time. As the two of you think, there is very little room for business cooperation between the two parties."
"Actually, I represent my partners. You may know that Ms. Li Moyan, the president of Wanli Travel, is very optimistic about the short video industry and is ready to devote herself to a new business."
When he said this, Yang Luyu and Zhu Jun believed it somewhat. As for why Lin Yi came forward instead of Li Moyan himself, they didn't care about this small detail.
But what they are more concerned about is that if Lin Yi and two people are acquiring it on behalf of individuals, it is even less likely to be of any help to the development of Musically.
"Boss Lin, to be honest, we two brothers are not boasting. Musically has talked with many potential merger and acquisition targets. I don't see what advantages you can have."
Lin Yi did not deal with them too much, but instead used his usual trump card:
"I outbid them."
Yang Luyu and Zhu Jun looked at each other, not making a fuss or getting excited, but answered confidently:
"Just now we said that we talked about many targets, which may not be specific enough, including the US social giant Facebook."
"I don't mean to offend Boss Lin. We know that you are the industry's fastest rising star in the past two years, but we don't think you will have much advantage in bidding."
"Actually, we don't just focus on the bid. Musically is not seeking to be sold because of poor management. We hope to find a good home for it and look forward to longer-term development."
In order to prove that he had worked before coming here, Lin Yi also came up with some useful information.
"I understand your situation very well. Musically has never been able to get rid of the label of a teenager's toy. Its growth in the United States has encountered a bottleneck and has been sideways for a year."
"On the other hand, when you wanted to return to China to expand, you found that you had been blocked by other competitors, and one of them almost copied you at the pixel level."
"You also have a core problem that is your weak technical strength and obvious gap in algorithms. This is an important reason why you have no confidence to compete."
"You just mentioned that you hope Musically can develop better after the merger. We share this wish."
"To prove my sincerity, I have one more piece of news for you two."
"I came here today. In addition to representing me and my partner as mentioned just now, I can also represent Xiong Factory and Robin Li."