Nighttime.
Li Dong met someone from Morgan Stanley in his hotel room.
Morgan Stanley and JP Morgan were two of the top five investment banks in the US. Of course, after Lehman's collapse, there were only four investment banks left.
These two banks were originally one family.
In principle, Morgan Stanley was the son of JP Morgan Chase.
However, the outside world liked to refer to Morgan Stanley as Big Mo, and JP Morgan as Little Mo. It was a typical example of a big-headed son and a small-headed father.
It was not because Morgan Stanley was stronger than JP Morgan. In fact, Morgan Stanley was weaker than JP Morgan.
But in the investment field, Morgan Stanley was definitely stronger than JP Morgan.
Morgan Stanley had used their capital to its limit.
Morgan Stanley had done many well-known cases both domestically and overseas.
In China, Morgan Stanley had also reached the peak. Many well-known companies in the industry had accepted investments from Morgan Stanley, but all of them were scammed.
Yongle had been mentioned before.
As for Mengniu's side, Morgan Stanley actually loved to sign a VAM with local companies, and they always returned victorious.
Yongle and Damo's VAM ended with Yongle failing to complete the contract and had no choice but to rely on Gome. This was all Damo's doing.
Meng Niu was the same. They had signed a VAM with Damo.
Of course, Meng Niu's ending was better. They had completed their target, but it meant that Damo had made a fortune.
It was difficult for them to fulfill their conditions in a VAM.
But once they fulfilled their conditions, the profits would be unimaginable.
Li Dong had never felt that these financial institutions were the saviors of the world. They were more ruthless than anyone else.
But sometimes, one had to seek their help.
For example, this time, Li Dong had no choice but to cooperate with them. Furthermore, he had to cooperate with them as a victim.
Feng Yu had spoken to Damo's people privately. The other party was not stupid. They knew what Feng Yu was up to.
Actually, when Damo received the news, they were also extremely surprised. But soon after, they were extremely excited!
Because they knew this was their chance!
This was their chance to make a killing off Li Dong!
Their previous investment in Weibo had exceeded their expectations. At that time, Weibo was valued at 3.12 billion USD!
This was much higher than what they had expected. In fact, at that time, it was not a profit.
At that time, it could only be said that everyone was doing business as usual, and the investment banks did not take advantage of the situation.
But it was different this time!
Li Dong had arranged to meet the shareholders of Gome in private to discuss about the shares of Gome. His target was Gome. As one of the major shareholders of Gome, Damo had the upper hand.
Damo also attached great importance to it. The person in charge of the Hua Xia district was just a follower.
The headquarters of Damo personally sent an executive and a team to negotiate with Li Dong.
…
Most of the time, people felt that the big-nosed foreigner was very straightforward.
However, Li Dong did not think so.
Those who thought that these foreigners were honest and straightforward must have never seen those crafty capitalists!
As soon as the two sides started to talk, the big-nosed foreigner made a shocking statement. He told Li Dong in fluent Mandarin, "Gome is appraised by Morgan Stanley to be worth more than 20 billion USD!"
USD 20 billion!
More than 130 billion RMB!
Li Dong knew that the big-nosed foreigner would ask for an exorbitant price, but he did not expect him to ask for such a high price!
Li Dong looked down at his watch and said, "Sorry, I still have something to attend to. Let's talk later!"
After saying this, Li Dong was about to leave.
Damn it. Did he really think that he was an idiot?
130 billion USD and 7% of Gome's shares. Are you going to sell me more than 9 billion USD?
Previously, Damo owned 8% of Gome's shares. Later on, Damo reduced its share by 1%, which was even lower than Fukang. How dare he offer 6 times the price!
Even though they had just started to talk, Li Dong knew that there was no way to continue.
He had asked for 20 billion USD, and Damo was willing to cut it in half.
In the end, it was still worth more than 65 billion USD. Even at its peak, Gome could not reach this value.
Even with the unlisted shares, it was still not worth that much.
If Li Dong really started to talk, he could forget about lowering the price.
Seeing that Li Dong was about to leave, Big Nose laughed and said, "Mr. Titan, you are in too much of a hurry. We can talk about business slowly …"
Before he finished his sentence, Li Dong said with a dark face, "Who is Mr. Titan? If Mr. Bill wants to find Titan, I can help you put up a missing person advertisement. But Titan is already extinct. I am afraid you will not be able to find him! "
Li Dong did not dare to compliment the taste of foreigners.
Maybe Big Nose felt that calling Li Dong Mr. Titan would help to get closer to him. But to Li Dong, what the hell!
Long before this title appeared, he felt that it was a title for a stupid gorilla.
Now, it had even become a habitual phrase. Li Dong was grateful that he did not give the big-nosed man a good beating.
Too lazy to argue with him, Li Dong said directly, "The current market value of Gome is only 3 billion USD. This is definitely beyond the market price.
You should know what I'm here for.
I am too lazy to bargain with you. 5% of Weibo shares in exchange for Gome shares in your hands.
If you can agree, we will do it quickly. If you can't, then there is nothing to say.
If Gome is not in my hands, then I will join forces with Suning and the other families to encircle and annihilate Gome.
At that time, it is hard to say whether the shares in your hands will still be worth money.
And I have an early advantage here. Even if we divide the spoils after the encirclement, the profits will not be too low.
At the very least, we have taken over Gome online.
After the second round of financing, Weibo was valued at 3.12 billion USD. Now that Weibo has opened up the European channel, the Asian section has also expanded in scale and increased influence.
And in the domestic section, our users continue to skyrocket, and our market share is climbing.
Now is not financing, but using my fixed shares in exchange. After the third round of financing, you will get greater benefits.
Your 7% of Gome shares is worth about 200 million USD.
And now, if I am willing to sell 5% of Weibo shares, it will definitely be more than 200 million USD!
Those who are familiar with me, Li Dong, know that I'm a straightforward person when it comes to doing things.
Previously, your people also participated in the financing reception, so you know how I do things.
Usually, I will never use Weibo shares to exchange for Gome shares, because it will cause me a huge loss.
Now that we have this opportunity, it is actually something that both of us need.
Of course, if you think that Gome shares are more profitable than Weibo, then we will pretend that we never met today.
But please keep this a secret for me, Mr. Bill. This is also a basic business principle. As a world-renowned investment bank, I think Morgan Stanley will not do something that will damage your reputation for such a small matter. "
Hearing this, Big Nose hurriedly said, "Of course not. Keeping secrets for our clients is our basic principle! But Mr. Li said that Gome is worth less than 3 billion USD, that is impossible! Also, using 5% of Weibo shares to exchange for 7% of Gome shares … Oh my God! "
Big Nose looked at Li Dong in disbelief, shock, and disbelief.
"Weibo has only been established for less than two years, officially launched in the second half of 2007. And Gome was established in 1987, 20 years before Weibo. Also, Weibo has not yet started to make a profit and is still in the investment stage, while Gome's system has long been mature, and it has always been the number one retail company in Hua Xia. It is a super retail giant on par with Wal-Mart, and Mr. Li wants to use Twitter to exchange for Wal-Mart shares … "
Big Nose's expression was as if he was going crazy, which made Li Dong laugh. "Mr. Bill, we are all adults, so don't waste each other's time.
First of all, Gome is not Wal-Mart, and Weibo is not Twitter.
Secondly, according to what you said, whoever is established earlier is better, then Far away can completely withdraw from the business world.
Nowadays, any roadside stall may be established earlier than Far away.
There is no point in talking about this.
Weibo's 5% shares, after three rounds of financing and the subsequent dilution after the listing, can at least maintain about 3.5%.
And according to my estimation, Weibo's market value can reach at least 50 billion USD!
So, you have made a big profit.
1.75 billion USD, more than 12 billion RMB. You said that Gome is worth 20 billion USD, even if I admit this, you have made a profit.
I told you, Mr. Bill, that I am a very direct man.
I usually do not treat my friends unfairly with the price I offer.
Of course, if you are not willing to exchange Weibo shares, I have no objection. Next, we can talk about the cash acquisition.
1.5 billion RMB, a premium of 10%, for the current Gome, the price I offer is also very benevolent.
If Morgan Stanley does not agree, someone will be willing.
I am not saying that it has to be you. Of course, if you think that kicking me, Li Dong, will give Gome a better future, then I will congratulate you.
But if you try to make trouble, then I will say the ugly words first.
In the end, you may lose all your investment in Gome. As a professional financial institution, you do not need me, Li Dong, to remind you of this possibility. "
"Mr. Li …"
"…"
At the end of the day, one of them belittled the value of Weibo, and the other belittled the value of Gome.
Li Dong felt that Gome was not worth much, and that 20 billion RMB was an overestimate.
On the other hand, the big-nosed man felt that Weibo was a bomb packaged by capital institutions. Not to mention the previous 3.12 billion USD, even 2 billion USD was not worth it.
At the end of the discussion, Li Dong said impatiently, "13.5 million shares. If you can accept it, we will settle it in three days. If not, we can call it quits.
To put it bluntly, I do not have time to waste on Gome.
If I cannot meet my expectations, I must hurry up and carry out the next step of my plan.
I know the style of you investment banks. You think that such a big deal can be negotiated for a year and a half.
But to me, time is money.
A year later, I may have earned a Gome.
At this time, every day delayed is a loss for me.
Now, I am willing to exchange 13.5 million shares. In ten days to half a month, I may offer 10 million shares of Weibo. If Mr. Bill thinks that I, Li Dong, cannot be trusted, you can try. "
Li Dong was not polite to these people from investment banks.
They were all here for money and benefits.
If you gave them a chance to make money, they would even be willing to call you father.
But if you did not give them a chance to make money, it would be useless even if you called them father.
It was all about benefits. It was okay to play the emotional card with people in other industries, but to talk about friendship with these global capital institutions, they would not even know how they died.
Weibo had a total capital of 260 million shares, 13.5 million shares was actually less than 5.2%.
If they really exchanged for 7% of Gome's shares now, it was hard to say who would gain and who would lose.
At least in terms of value, Damo would still be at a loss.
After all, after Li Dong invested in Gome, the subsequent impact of good news might pull up the value of Gome.
But it was Li Dong's success and Li Dong's failure.
Once the deal between Li Dong and Damo failed, he would either withdraw from Gome or start to make new arrangements to suppress Gome.
No matter what, Gome might suffer a crushing defeat in the end.
By that time, Gome's shares would not be worth much.
On the other hand, although Bill said that Weibo was worthless, in fact, the internet industry had been the most profitable industry in recent years. It was the industry with the highest return on investment.
It was not uncommon to get a return of ten times or even a hundred times.
In terms of industry, it was impossible to achieve such a high rate of return on investment other than taking a bath and sleeping.
Damo was willing to exchange.
But before they came, Damo's appraisers and experts felt that 7% of Gome's shares could be exchanged for the equivalent value of Weibo.
That was to say, 7% for 7%.
In addition to the 3% of Weibo's shares, their total shares in Weibo would reach 10%.
They would become the second largest shareholder of Weibo after Far away.
With such an advantage, even if they continued to raise funds, Damo would still be able to take the initiative in the Weibo project.
If Weibo was listed, they would be able to get a high return on investment in the future.
But now, they could not even exchange for the equivalent value of Weibo. Of course, Bill was not willing to do so.
Li Dong did not say anything when he was not willing to do so.
This time, he wanted to exchange for a lot of investment banks. If the offer was too high, Weibo would be gone.
Although Li Dong did not care much about Weibo's assets, it did not mean that he could not live with money!
It was inevitable for Weibo to be listed to make money. If it was not for the fact that he did not have money now, he would not want to exchange for it.
Seeing Bill's expression changing, Li Dong looked at the time again and said, "Mr. Bill, how about this? You all can go back and discuss this. I still have guests to attend to. Sorry."
Big Nose was stunned. Everyone else was stunned too!
What the hell!
This was the first time that someone from Damo was asked to leave!
Before they came, they felt that they had the upper hand. Why was it the other way around now?
They were surprised and surprised, but Li Dong did not care.
The so-called upper hand ultimately came from the interests. Vampires only cared about their interests. There was no need to talk about etiquette with Big Noses.
Of course, this also depended on the person and the situation. In public, Li Dong had to pay attention to the manner of a nation of etiquette.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
