This price is undoubtedly much higher than the current share price. After all, the total market value of the stock price is only more than $200 million. This is 50 million US dollars, holding 10%, which is already the original market price of 500 million.
This also surprised Yang Zhiyuan. At present, Yahoo does need money to maintain its operations. He firmly believes that the Internet spring is coming, and Internet companies will be profitable.
However, it takes time to wait. Before that, if it collapses, it won''t talk about any spring. Now, money is needed.
Yang Zhiyuan talked with banks and some investors. In view of the current Internet situation, these people are either not optimistic or put forward very harsh conditions.
Qin Feng''s condition is indeed very favorable. But to 10% of the shares, which makes Yang Zhiyuan still very cautious. Because there are too many shares. In particular, the individual holds 10%, which will pose a threat to Yahoo''s equity and him.
"I don''t want the right to vote. I just need a right to know." Qin Feng said.
"Don''t have the right to vote, just the right to know?" Yang Zhiyuan was surprised.
This condition is too generous for Yang Zhiyuan to refuse. Buy 10% of the shares at a premium of 200%, and then their shareholding ratio will not be changed. How can this keep Yang Zhiyuan from moving.
"In particular, I can transfer the voting right of this equity to you. I just want the usufruct. " Qin Feng threw out a chip again.
This time, everyone looked at Qin Feng. What was he doing? Be a money boy?
At this moment, even Yang Zhiyuan was stunned. What is Qin Feng doing?
This condition is too generous. Not equity, but also the voting right of equity to him, which virtually makes Yang Zhiyuan have higher control over Yahoo.
What is Qin Feng doing?
"Mr. Qin, are you kidding?" Yang Zhiyuan is a little suspicious.
Because such a good thing is better than pie falling from the sky. He must doubt whether Qin Feng is funny.
"No, that''s my original intention! The reason is very simple. I''m not stupid. On the contrary, I''m optimistic about Yahoo''s future. Of course, I just invest. One day, I will sell it! " Qin Feng said.
"If so, I think we can have a good talk!" Yang Zhiyuan invited Qin Feng and his group to Yahoo headquarters.
"You''re here for a while. I''ll hold a shareholders'' meeting and discuss it!" Yang Zhiyuan apologized.
"It''s all right. You go and be busy. We''ll just walk around!" Qin Feng said with a smile.
"What are you doing? 50 million to buy 10% shares, which Yahoo''s current stock market value is only more than 200 million, and you don''t even want equity! " Lisa was puzzled and asked, "just because the other party is also Chinese, so you help him?"
Qin Feng shook his head.
"Because it''s profitable!" Qin Feng smiled, "don''t worry, I won''t suffer!"
Not to mention anything else, in terms of stock price alone, Yahoo has a market value of hundreds of billions at its peak. Now, it is because of Internet enterprises that Yahoo is the first pure Internet enterprise.
I haven''t made any money yet. I haven''t made any money at all. This led to the listing, has not been profitable, so that investors are not optimistic. But soon, the spring of the Internet is coming.
Since Qin Feng has the opportunity to know Yang Zhiyuan, he will naturally invest.
This money will always be invested. Naturally, whoever invests will invest.
Of course, investing in Yahoo to make money is not Qin Feng''s only goal. In Yahoo''s history, there are three historical stages, which is Yahoo''s biggest regret.
The first is that Yahoo gave up when it could buy Google for $1 million. At that time, Google was just a thought and creation of Larry Page and Sergey Brin, because the operation was really difficult and had no money. They wanted to sell their equity and raise funds.
As a result, Yahoo doesn''t like it.
Second, Yahoo prematurely sold its shares in Alibaba, with a direct loss of hundreds of billions of dollars.
Third, when Yahoo was poor, Microsoft threw over an olive branch and bought it for $40 billion. Yahoo doesn''t want to. Then blue bought it for 45 billion, and Yahoo was still unwilling. Then, Yahoo has a market value of $45 billion.
Qin Feng doesn''t care about these three opportunities, the third one, including the second one. Because I will find Ma Yun in the future.
Qin Feng cares about the first. Now he can''t find Google. Qin Feng estimates that even if he goes to Sergey Brin and Larry Page, others may not bird himself.
Maybe it hit a wall like Qualcomm. Of course, it won''t be as bad as Qualcomm. However, they may not succeed, but they can be expected.
So, for Qin Feng, all he has to do is get the equity from Yahoo, and then, when Google comes to the door, Yahoo doesn''t want it, so he''s better.
One million to buy Google, you know, the market value of Google in the future will exceed $700 billion. That''s a big payoff ratio.
1 million, which becomes 700 billion, which is 100000 times the income ratio.
Therefore, this is why Qin Feng must take a stake, even if he suffers losses now.
But this reason, of course, can not be explained to everyone.
"Brother, I think I''ve suffered too much. 50 million will buy an equity that can''t vote. Are you so optimistic about this Internet enterprise? I haven''t made money, and I don''t know if I can make money! " Shi Dazhu is also persuasion.
"Of course you can make money! You can make money! " Qin Feng can only say so with certainty.
At the moment, everyone is also talking in Yahoo''s conference room. For Qin Feng''s sudden $50 million acquisition of 10% shares, everyone was surprised.
I didn''t expect such an acquisition. During this time, they are also wondering whether they need financing. Of course, it''s not very urgent. People outside are worried. But inside, they still have confidence. I believe that Internet enterprises can make profits and make money.
It just takes time.
At this juncture, Qin Feng''s $50 million came, which really made them a little overwhelmed. Accept it or not?
Accepted $50 million, which can alleviate their current financial situation, make them no longer worry about unprofitable things, and can continue.
From this level, nature is a good thing. However, for them, the consideration is whether they need to give up the 10% shares and whether they will suffer heavy losses in the future.
This problem is the reason why Yahoo headquarters has been arguing.
"Everybody, he doesn''t want equity. He''s just optimistic about the future of our company and wants to take shares. My personal wish is acceptable! " Yang Zhiyuan said in advance.
One of the most important reasons for his opening is that Qin Feng is willing to transfer this 10% equity voting right to Yang Zhiyuan. This is enough to give it enough voice in the company.
On this point, he agreed. Otherwise, he will consider it for a long time and may not agree. After all, $50 million is not urgently needed for Yahoo at present.