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 how much the other party quoted, he also wanted to see what kind of rich coal boss that was rumored to be.
"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.
At that time, both parties received 40% of the shares for 5.5 million US dollars.
It was equivalent to three years, and he had obtained a valuation of nearly 40 times.
To be honest, in an instant, the horse was very tempted. It also saw Lin Xuan as a dog.
However, when he thought about how he and the other founders had only redeemed a small amount of shares of IDG and South Africa's MIH in August last year,
they had reached a 50% stake with 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 invested 200 million dollars 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 arrived at the right time. At this moment, Penguin was preparing to go public.
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 guys 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 decisively,
"Yes!" Everyone followed.
When they walked out of the front desk of Penguin, Hu Xiaoxi, who was the receptionist, originally wanted to greet them,
but she saw that everyone, including Lin Xuan, had serious expressions and was unhappy.
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 any benefits to Penguin 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.
"My reputation is still not enough!" 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 Twisted Maw 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 "
Wang Dawei was one of the greatest contributions to 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, but
also revived the company with MIH's financing.
That was how he managed to last until the birth of DreamNet.
Otherwise, the penguin would have gone bankrupt because of the lack of capital.
Therefore, it was said that Net University had saved Penguin.
When Wang Dawei heard that a company wanted to buy Penguin's shares, he didn't even need to think about rejecting 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 had invested a huge sum of money to occupy 50% of Penguin's shares under his persuasion.
Seeing that Penguin was about to start the 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 would not be able to 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.
After hearing Lin Xuan's "Shenghua Investment", Wang Dawei was actually confused.
However, regardless of whether he had heard of it or not, as long as he had money.
He wouldn't 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!”
At the dining table, Lin Xuan said
that Wang Dawei was also shocked when he heard this price. One had to know that
MIH, including the acquisition of Yingke and IDG shares, did not exceed 30 million US dollars in total.
If MIH was just an investment company,
this deal might have been successful.
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.
In 1997,MIH entered the flower industry and participated in investing in the Capital Youth Daily and the Pulse Network.
As Penguin became more and more important in the flower industry, 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 US dollars.
It wasn't something that he, the vice president of the flower planting area, could make.
"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, although that was what happened, Lin Xuan waited for three days before
he received 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.
Pony Ma even said,"
We are a technology company. How can we let a coal miner become a shareholder? Isn't that a drop in value?"
February 25th, 7 pm, which was four days after Lin Xuan arrived in Peng City.
"I'm sorry, the headquarters of Lin declined your offer. Pony is 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 floor-to-ceiling 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 company.
This kind of thing was too natural.
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 the 225th day of the month, 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 went, a forced melon was not sweet.
Lin Xuan naturally would not hang himself on a tree.
At this time, Ma Huateng, who was 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 would turn his intestines green with regret in the future.
(P.S.: New book, flowers, review tickets, your support is the author's motivation)
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