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Chapter 125 Fired the first shot of capital operation

Shang Fuhai thought he was full of calculating and was sure to win. Zhou Hongyi said, "Boss Shang, are you sure I won't take the shares of Sina? You may not know that I own 2% of Toutiao's shares, and this was taken casually during the B round of financing."

"..." Shang Fuhaimo said nothing and clawed.

Zhou Hongyi thought he was scared, so he looked at Wang Gaohua and said, "Old Wang, let's do this. I also received your shares at a premium of 3 times. What do you think?"

"How to pay?" Wang Gaohua asked, which was equivalent to his agreement.

This made Shang Fuhai's heart really hang up. He just felt that he had planned everything, thought through everything, and felt that he was sure to win, but he didn't expect that Zhou Hongyi would have another twists and turns. So is he rich?

Moreover, judging from what Wang Gaohua meant, he was about to agree to Zhou Hongyi's request, and Shang Fuhai felt that his heart was crushed.

Han Zhengyu also became nervous. His forehead and palms were covered in sweat. Chen Jingshu was not very happy. Unexpectedly, this matter would develop to this point.

But when asked about payment, Zhou Hongyi was a little embarrassed. He still smiled: "Well, Lao Wang, we have been friends for many years. You also know that I am the only one who says it. I will pay you 40% first, and I will pay the rest within one year. What do you think?"

"..." Wang Gaohua was speechless.

"(one_one)" Shang Fuhai stared at him.

Wang Gaohua felt sad. You, Zhou Hongyi, are obviously a king, but when you come to your head, it turns into bronze. It’s time to pay me in installments. The boat of friendship will overturn.

Shang Fuhai, who felt the air was a little hot, laughed directly, regardless of Wang Gaohua and Zhou Hongyi's embarrassing appearance: "Dr. Wang, I still said that, 3 times the premium, I will pay in full. You agree to us sign the contract. If you don't agree, I will turn around and leave. I will never disturb Mr. Wang for one more minute."

"You young man, don't be aggressive, okay." Zhou Hongyi really felt embarrassed, but there was nothing he could do, so Shang Fuhai guessed. Now Qihoo's existing funds have been invested in smart hardware. It was a big investment project, with investments of hundreds of millions or billions, and no profit can be seen for a while.

For this reason, the members of the board of directors were very dissatisfied with him. Many people even took advantage of the good market conditions and asked him to sell Toutiao's shares and exchange them for money first.

So after receiving a call from Wang Gaohua, Zhou Hongyi's main purpose was to come here. One was that he wanted to acquire this part of the shares privately, but there was a problem. His private money was spent into various projects and could not be withdrawn for a while. He asked him to take out 400 million to acquire this part of the shares at once, which was a big problem. So he just tentatively proposed the method of installment payment.

After he made a profit from his investment, he was well-off and it was still fine to pay it out within one year.

But the first goal was not achieved, so I simply followed the board of directors' intentions and cleared out Toutiao's shares and made profits.

You should know that they participated in Toutiao's B round follow-up investment for 2013 years and only received less than 4% of their shares. They invested only more than 3 million US dollars at that time!

Today, after the C round of financing, 360 did not follow up on the investment due to the board of directors' disapproval, and the shares were diluted to a little over two%. Even these were worth US$30 million on the basis of the valuation of 1.5 billion, which was only a lot.

In just two years, the inconspicuous investment at that time increased tenfold!

The shareholders of the board of directors were all very satisfied.

It was not until noon that Wang Gaohua didn't give up and wanted to sell more. Shang Fuhai tightened his teeth and stopped adding more money. Zhou Hongyi became a boater.

To put it in a word, you have no money and your back will not be strong anymore.

So what about the chairman of a listed company? You can’t even afford to pay for it. Even if you are listed on Nasdaq, no one will miss you.

At noon, the company's administration ordered the set dishes in a star-rated hotel outside and delivered them directly to the conference room.

In the tense atmosphere, the three waves of people ate lunch, and the negotiations continued.

At this time, it was not just Shang Fuhai who was fighting. Han Zhengyu and Chen Jingshu also showed their investment professional qualities and seized the fact that Wang Gaohua was currently short of money and continued to attack.

Zhou Hongyi was helpless, and he even hoped that the two parties would not make a deal. So he would contact Shang Fuhai in private to sell the shares held by 360 afterwards.

It is not clear how much money Shang Fuhai has, but he thinks that Shang Fuhai won't have much money left. If both of them really reach a deal, it must be his turn and the money may not be enough.

This verbal battle was slowly spent from noon to afternoon. The sun had turned to the back of the building and the indoor lighting was turned on in the conference room.

"Bang"

Shang Fuhai's face was covered with grease, his eyes were red, and his hair was messy. After nearly a day of intrigue, he was already very tired.

Fortunately, he is young and energetic. Compared with him, Wang Gaohua is in a worse condition. Zhou Hongyi is in a much better condition because he is watching the fun.

The two sides were still arguing, and Shang Fuhai suddenly stood up and his hands almost hit the conference table in front of him: "Dr. Wang, just say a happy thing if you agree. As long as you sign the contract, I will guarantee that the funds will be fully received within 15 working days."

Lao Shang clearly stated that I was just using money to smash you.

Wang Gaohua's mouth was gone, and no matter how many people drank, it didn't work. His throat was almost smoking. He just put a golden throat in his mouth: "Sign, sign... contract, I'll tell him to Director Cao."

He slapped his fingers on the notebook in front of him, ending the battle.

After striving for a long time, I didn’t fight for even a cent, and I almost lost 0.1 point.

As for the time when he said he wanted to contact Haina Capital and sell the shares to them at a low price, it would have been automatically filtered by his head now.

"Bang"

Shang Fuhai and Wang Gaohua held the two slender hands together, which meant that the deal was reached.

It was too late and there were no third-party notarizers. Shang Fuhai signed an agreement on behalf of Haifei Capital and Sina Weibo, represented by Wang Gaohua. Both parties stamped official seals, symbolizing that this contract with sympathy and legal effect with the formal contract took effect!

On June 3, 2015, Haifei Capital valued Toutiao for US$1.5 billion and acquired 5% of Toutiao shares held by Sina Weibo. Haifei Capital reached a deal with Sina Weibo at a high price of US$75 million, approximately RMB 470 million.
Chapter completed!
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