Selling a coal mine for 100 billion: I feed half of the entertainment industry
10 Rejected investment

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Faced with Pony's acquiescence, Lin Xuan did not show any anger. Instead, he looked at Pony with a rare calmness at his age and said calmly,

"Pony, do you want to hear my offer?”

After Ma Huateng heard that Shenghua Investment behind Lin Xuan came from the coal industry, he had already decided not to let the other party invest.

After all, he had already planned to let Penguin go public in Hong Kong this year.

If the investor had a coal background, it might reduce the value of Penguin.

However, no matter what, after listening to the other party's offer, he also wanted to see how the rumored rich coal boss was.

"200 million USD to buy 40% of Penguin's shares.”

Lin Xuan directly gave the other party a valuation of 400 million US dollars, which was about 3.3 billion Chinese dollars.

In June 2001, South Africa's MIH company acquired 20% of the shares held by Li Zekai's Yingke, which was only 12.6 million US dollars.

In two and a half years, the 20% shares were worth 100 million USD.

In two years, Penguin's shares had increased by eight times.

In 2000, IDG Capital and Hong Kong Pacific Century Corporation invested in Penguin.

Back then, both parties had received 40% of the shares for 5.5 million USD.

It was equivalent to three years, and he had obtained a valuation of nearly 40 times.

To be honest, Pony was very tempted in an instant. He also saw Lin Xuan as a rich dog.

However, when he thought about how he and the other founders had just redeemed a small amount of shares in IDG and MIH in South Africa in August last year,

They would each hold 50% of the shares of South Africa's MIH.

At this time, Penguin could not even take out 40% of the shares.

Unless they chose to dilute the shares, the founder's shares would be greatly reduced.

This was very disadvantageous.

Of course, if Penguin could inject 200 million USD in cash, it would be very beneficial to the development of Penguin.

Many projects that lacked money could be developed, and they could expand their capital faster.

However, it was still the same sentence.

Lin Xuan came at the wrong time. At this moment, Penguin was preparing for the listing.

In addition, all kinds of businesses were doing well. No one in Penguin was stupid enough to sell their shares at this time.

"I'm sorry, Mr. Lin, Penguin has no plans to raise funds for the time being!”

Pony Ma said apologetically,

"I see!" Lin Xuan did not reveal any expression when he heard this and still said calmly,

"Then forget it. I'm just optimistic about the development of Penguin and want to invest a little. Since you don't lack money, I can't force you!”

He stood up from the sofa.

"Then I'll take my leave!"

"I'm very sorry!" Pony said.

Then, Lin Xuan left the office.

From the beginning to the end, Ma Huateng and Zhang Zidong had a cold and distant look.

He was not even willing to send her off.

When Lin Xuan walked out of the office.

Wang Jun, Fox, Rat, and Qiang Zi were all waiting outside.

As professional bodyguards, they didn't ask about their boss because it had nothing to do with them.

However, Wang Jun and the others could still see that Lin Xuan's face was terrifyingly gloomy when he left the office.

"Let's go!"

Lin Xuan said bluntly,

"Yes, sir!" Everyone followed.

When she walked out of the front desk of Penguin, Hu Xiaoxi, who was the receptionist, wanted to say hello.

However, when he saw that everyone, including Lin Xuan, had serious expressions and was unhappy, he could not help but sigh.

She immediately shut her mouth.

"What a pity. He's super handsome!”She thought to herself.

On the other side, Lin Xuan, who walked down the old building of Saige Digital, was actually a little furious.

He really didn't expect that his first investment in his life would end in failure.

In fact, Lin Xuan also understood the reason why Ma Huateng rejected the investment,

To him, Ace Corporation's investment could not bring Penguin any benefits other than money.

If he invested in Sequoia, a world-renowned investor like goldman sachs, then he would be able to invest in the company.

Penguin didn't have to reject him immediately. At least they had to talk.

"I still don't have enough reputation!" Lin Xuan sighed.

In fact, he had made a lot of preparations to come to Penguin today. If Penguin agreed to his investment,

He had a lot of experience in the future that could help the Twisted Mather Vine avoid many detours.

For example, the popular Qzone, QQ music, games, and so on.

If Penguin could take his advice, they could probably reach the peak many years earlier.

However, this was rejected by Ma Huateng.

However, Lin Xuan did not give up.

Soon, he contacted South Africa's MIH Vice President Wang Dawei through the Yellow Page.

Wang Dawei was one of the greatest heroes of Penguin's success in the future.

In 2000, when Penguin's capital chain was about to break, South Africa's MIH not only bought the shares of Pacific Century and IDG at a high price,

It was also because of MIH's funding that Penguin came back to life.

That was how he managed to last until the birth of DreamNet.

Otherwise, the penguin would have gone bankrupt long ago due to the lack of capital.

Therefore, it was said that Net University had saved Penguin.

At this time, when Wang Dawei heard that a company wanted to buy Penguin's shares, he didn't even need to think about it.

It was just like the first time he went to the old building of the Saige Digital Technology Park and saw the hemp vine. He had already confirmed the potential of the penguin.

Now, MIH, under his persuasion, had invested a huge sum of money to occupy 50% of Penguin's shares.

Seeing that Penguin was about to start its listing plan, no company would be willing to leave now.

However, as the vice president of the company, he also understood that there was nothing in this world that could not be sold.

If the other party was really willing to pay an extremely high price.

This was a good deal. Otherwise, once this matter was exposed to the head office...

He couldn't explain himself.

Just like that, both parties arranged to meet at the revolving restaurant on the highest floor of Pengnian Hotel in Peng City that night.

When he heard Lin Xuan mention Shenghua Investment, he was confused.

However, regardless of whether he had heard of it or not, as long as he had money.

He would not underestimate the other party. After all, whether it was goldman sachs, sequoia, merrill lynch, or morgan stanley, they had all grown up step by step.

"I'm willing to pay 300 million USD to buy 50% of Penguin's shares!”

Lin Xuan said at the dining table,

When Wang Dawei heard this price, he was also shocked.

MIH, including the acquisition of the shares of Yingke and IDG, did not exceed 30 million US dollars in total.

If MIH was just an investment company, they would be able to earn 10 times the profits.

Perhaps this deal could be reached.

However, MIH in South Africa was not only an investment group, but also the largest pay-TV operator in South Africa. It was listed on both NASA and Amsterdam. It had invested in new media in emerging countries for many years.

MIH entered the flower industry in 1997 and invested in Capital Youth Daily and Pulse Network.

As Penguin became more and more important in the Internet of flower plantations, Penguin had become a part of MIH's strategic investment.

MIH hoped to use Penguin to increase its influence in the world's largest emerging market.

This was no longer a matter of money.

However, Wang Dawei didn't say anything. After all, it involved a huge transaction amount of 300 million USD.

It wasn't up to him, the vice president of the flower planting area, to make the decision.

"I'm sorry, I can't make the decision on this matter. I need to report it to the headquarters!”

Wang Dawei was very polite.

"I understand. I've been waiting in Pengcheng for CEO Wang to give me a reply as soon as possible!”

Lin Xuan said.

"Of course. Regardless of whether the headquarters agrees to this transaction or not, I'll tell CEO Lin as soon as possible!”

Wang Dawei said.

However, even though that was what he said, after waiting for three days in a row...

Only then did Lin Xuan receive a reply from the MIH headquarters. The MIH headquarters rejected Lin Xuan's offer.

In addition, he did not know how the news had leaked out.

The company's founder team also vehemently opposed Shenghua's acquisition of Penguin shares.

Ma Huateng also said that if MIH agreed to sell the shares, he would directly divest the QQ business from the company.

Even Pony Ma said,

We're a technology company. How can we let a coal miner become a shareholder?

February 25th, 7 pm, which was four days after Lin Xuan arrived in Peng City.

" I'm sorry, Mr. Lin. The headquarters rejected your company's offer. Also, Pony has also…"

Wang Dawei repeated Matcha Fujiwara's words over the phone.

"I understand. Thank you, CEO Wang!”

After saying that, Lin Xuan exchanged a few pleasantries with the other party and hung up.

Casually throwing away his latest noika 3200, Lin Xuan, who was wearing a silk nightgown, came to the hotel's large French window with a glass of red wine,

He looked into the distance.

From here, one could see the scenery of the harbor river in the distance.

"Humph!" Lin Xuan sneered.

In his previous life, he was a deadbeat who owed billions of dollars. However, after his rebirth, he could become a billionaire.

The failure of his investment in Penguin made him understand that even rebirth was not omnipotent.

Don't treat anyone as a fool.

It was like some novels said that one could take out a sum of money to buy Penguin and then occupy this trillion-dollar unicorn enterprise.

This kind of thing was too obvious.

Of course, if it was a start-up of Penguin, or in 2000, when Penguin was at its most difficult.

Ma Huateng indeed had plans to sell the penguin.

However, after that period of time, this kind of thing was absolutely impossible.

The next day, which was February 25th, Lin Xuan left Peng City.

After all, there was no point in staying here any longer. Perhaps if he was willing to spend money, he could definitely get some Penguin shares.

However, this portion of shares was definitely very rare.

Moreover, since the hemp vine was unwilling, as the saying goes, a forced melon is not sweet.

Lin Xuan naturally would not hang himself on a tree.

Ma Huateng, who was currently preparing for the listing of Hong Kong stocks, would never have thought that

His willful decision would personally ruin Penguin's future rise.

This was also something that he would regret until his intestines turned green in the future.

This book comes from:m.funovel.com。

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