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I am a chaebol in South Korea-Chapter 318: The crowd carried the sedan chair.
Chapter 318: The crowd carried the sedan chair.
"Children, look what the boss has brought for you." There
were more than a dozen pockets of delicacies in large and small packages, and they were all made of fine ingredients.
Korean beef, Boston lobster, sea crab...
"Wow, Dafa."
"These are all carefully prepared by Madam for everyone, so don't let her down and eat them all."
"Boss, we must It will be delicious."
Everyone bowed happily, rubbed their hands and waited expectantly for work.
Seeing everyone's performance, Yin Huina smiled and clapped her hands and said: "Okay, I know everyone can't wait. Today, you are allowed to leave work early."
"Yeah, long live the representative."
All afternoon, everyone in the company was having a gluttonous feast, and only Li Zhenyu stayed alone in the office, discussing the mortgage loan with Dennis Hall, who came from the country.
"Sir, the most valuable assets in your name, besides the shares of Berkshire Hathaway, are INS and Twitter with the highest value."
"Of course, your industrial development potential in South Korea is huge, but compared with these three "The risk is slightly higher than that."
To put it simply, South Korea's assets will have an automatic discount here. '
With assets of 30 million US dollars, only 20 million US dollars are left in front of Lao America, and only 10 million US dollars are left after entering the evaluation system. When the actual loan comes.
With assets of 30 million, it would be good to be able to lend 5 million.
The assets of Mingguo are different. With an asset of 30 million US dollars, no matter how discounted it is, you can still lend 20 million US dollars.
Look for connections, social background and various survey scores if they are sufficient.
Twenty-five million is not very difficult.
This is the company's unspoken rule, and Dennis Hall can only abide by it: "So, if you don't mind, it's better to use the assets of the country as collateral."
"If you use INS shares as collateral, you can get How much?"
Barrett Bank, Google Capital, Microsoft Investment Fund, Goldman Sachs, and Citigroup gave a valuation of US$1 billion.
But that was already half a year ago. In the Internet industry, half a year is already a long time ago.
It's like a reincarnation, with hundreds of companies established and closed down, and countless people pouring into this emerging field one after another.
Therefore, if Wells Fargo can only offer 1 billion, Li Zhenyu will not agree.
This is tantamount to self-destruction and a slap in the face of the five giants.
"1.5 billion."
Dennis Hall gave an offer, the reason why so many geniuses came to meet him.
Among them, the most important reason is to evaluate all the assets in his name.
Therefore, Dennis Hall is already confident.
"Not enough, Dennis, what is one billion enough for?"
Dennis Hall smiled bitterly. He really didn't understand, or he was just pretending to himself.
One billion US dollars, what a huge number that is.
When it came into his mouth, it was like a child's pocket money. Is this the unusual attitude of a genius?
"Sir, how much do you want, I will try to find a way."
"2 billion."
Li Zhenyu raised two fingers and smiled: "INS's valuation is at least 2 billion, so I agree to pledge 80% of the shares. Here you go."
Dennis Hall was deep in thought. This number was just close to the bottom line, but it was a little over.
The highest valuation given by the Risk Department is US$1.72 billion.
Now, he wants 2 billion, but he is willing to mortgage 80% of the shares.
US$1.6 billion in loans, what a huge performance.
"Sir, this price is too high."
Li Zhenyu raised his hand and smiled, and said: "I know that such a large amount is not yours to decide. I can give you time to ask for instructions."
What he wanted to say was finished by the other party.
So, I called and asked for advice. Is there anything else I can say?
Li Zhenyu plans to exchange 80% of INS's shares for US$1.6 billion in cash.
Then, the money will be used in other investments, so that INS's debt ratio will be as high as 80%, and his net worth will shrink significantly.
Then, another large amount of tax relief can be reduced.
"Not only that, the technology industry has support and discounts. If this aspect is operated properly, you can also get some cash subsidies."
"Really?"
Li Zhenyu looked up at Maya and asked, "Then I'll leave this to you. "
This is what I should do, boss. However, is the valuation of 2 billion too high?"
They have discussed before that the valuation of INS should be in the range of 1.5-1.8 billion.
The maximum will not exceed US$1.8 billion.
Now Li Zhenyu has raised the price by 200 million yuan without authorization, which is different from what they had discussed before.
But who makes him the boss?
The boss is willful and petty, what can she do as a subordinate?
"It doesn't matter. Even if you can't accept the offer, he will give you a new price. Just accept it when the time comes."
Business is nothing more than a game between you and me, a game between multiple parties.
Whoever can come up with exciting chips, or exciting products and prices, can firmly take the initiative.
Li Zhenyu's products are valuable and their potential is immeasurable.
And he himself is the target with the most investment value.
When investing, you often need to look not only at the product, but also at the person.
Wells Fargo is very optimistic about Li Zhenyu's future potential and believes that he will become one of the business leaders in the new era.
Even a disruptive innovation leader like Steve Jobs.
Therefore, after Li Zhenyu's quotation was conveyed to the headquarters, there was a response quickly.
"2 billion, the board of directors agreed."
"We value not only INS, but also your personal value and potential, sir. Wells Fargo is very much looking forward to having a deeper cooperation with you and maintaining this friendly cooperation."
To put it simply, It means that the other party wants to earn personal favors outside of business.
INS is not worth 2 billion U.S. dollars, but it is worth 2 billion U.S. dollars if you add in the favor of Li Zhenyu. We only agreed because of your face.
Therefore, you must remember that this favor from Fuguo must be repaid when needed.
"Fuguo has a long history and good reputation. I am also looking forward to in-depth cooperation with you."
The sedan chair was carried by everyone. Since the other party gave him enough face, he naturally wanted to reciprocate the favor.
"Maya, tell the legal department that the contract can be prepared."
"My people will help to finalize the details."
Just finalizing the contract will take one to two days.
During this time, Li Zhenyu arranged for him to stay at the Shilla Hotel and invited him to taste authentic Korean cuisine.
As a South Korean, you have to act like a South Korean.
However, no matter how many times I see the ramen set menu, it always leaves me with a shabby feeling.
Next time, just think of yourself as a Korean, and treat him as someone who worships foreigners. Next time, he will eat steak, which is better.
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