"As you said, Facebook also has its own considerations. At present, domestic netizens do not approve of the social network model.

xiaoshuting.org

What's more, Penguin has also launched QQ Space. With its huge user base, the blow they have brought to small and medium-sized entrepreneurial SNS websites is disastrous."

Rao Lei carefully thought about what he said, and there is some truth in it. When comparing the number of users, who can beat QQ.

Now Penguin is also interested in this piece of cake, and it has a favorable geographical location. Facebook does not want to join in the fight and invest more resources in countries that let them run wild. This cannot be said to be a wrong choice.

After thinking about it, he stopped asking too much and said seriously: "If this is the case, Youyoumi cannot merge into Facebook as agreed before."

Lin Fan nodded. He had said this before, but he always said it as a joke and didn't take it seriously.

Rao Lei added: "Chen Yizhou is somewhat interested in Youyoumi, but the price he offered is not high."

Lin Fan asked: "I remember they came looking for you at the beginning of the year."

"right!"

Rao Lei explained: "At that time, Youyou could not find one million users, so Chen Yizhou offered a purchase price of US$5 million.

At that time, we felt that the price was too low, and we could not explain it to you, the investing shareholders.

After investing in us for a year, you can't let your work go in vain, right?

Therefore, although Youyoumi was a bit stuck in a growth problem at that time, we still gritted our teeth and persisted, hoping to see if we could create some miracles.

Another half year has passed. Although the number of users has doubled, it has not achieved that kind of exponential growth. The growth momentum is very slow.

At present, there is not much money in the company's account, the industry is gradually declining, and capital has become more conservative, making financing difficult.

I discussed it with Lao Liu and decided to sell it while the company can still maintain a certain market share in social networking sites.

Find a good home and sell it at a good price. This will give you an explanation to your shareholders, and it will also help your employees who work hard to keep their jobs and avoid losing their jobs.

If Facebook has no idea of ​​entering the Chinese market, after much deliberation, only Thousand Oaks Group is the most suitable.

Chen Yizhou came to us many times, but we never let go.

Because what I always remember is that you said Facebook needs a springboard to enter China."

Lin Fan understood, nodded and smiled: "I accept your offer, but Facebook has already decided that it will not consider the Chinese market for a few years."

"Okay, let's have a good talk with Chen Yizhou and try to negotiate a good price."

Rao Lei smiled reluctantly, "Of course, because Youyoumi doesn't have many users and the industry is gradually getting colder, no matter how high the acquisition price is, it won't be much higher.

You have to be mentally prepared, you are bound to not make a lot of money with this investment.

Here, I would like to apologize to you first for letting you down."

Lin Fan waved his hand, shook his head and said, "What are you saying? You are exaggerating."

Seeing that Lin Fan really had no grudges, Rao Lei stopped being pretentious and started talking about something off-topic.

While chatting, the car arrived at Zhongguancun where Youyoumi Company is located.

Yang Haoyong did not accompany him to visit Youyoumi. After arriving at the place, he got off the car and went back to Tsinghua Science and Technology Park alone. The office of Ganji.com was over there, not far away.

Lin Fan and Zhang Chenguang, led by Rao and Liu, went to Youyoumi's office again.

In Youyoumi's conference room, Lin Fan and several Facebook employees, Breyer and several Axel employees, as well as Rao Lei and Liu Jian were sitting on one side.

Sitting on the other side was a young man in his thirties who wore glasses and smiled like a Maitreya Buddha.

Beside the man, there were also several followers.

This is what the red-coated cannon calls "the smartest person in Hubei Province", also known as the King of Scams, a famous domain name hoarder, an expert in app store rankings, an uncrowned Silicon Valley synchronization assistant, and a stock trading expert.

Red Cannon once said, "The smartest person in Hubei Province is undoubtedly Chen Yizhou, the second is Lei Jun, and the third is himself."

Chen Yizhou glanced at the people on the opposite side and thought, "Isn't this just a small merger with so many people?"

He hid the question in his heart and said with a dull smile: "Today all the shareholders of Youyoumi are here, so let's just start talking?"

As the CEO of Youyoumi, Liu Jian took over the conversation and said: "Okay, let's get started!"

Lin Fan and Braye looked at their noses, noses and hearts, resting on the sidelines without interrupting.

Chen Yizhou took an information report handed over by his entourage and said: "Currently Youyoumi has 1.8 million registered users, but the number of daily visitors is less than 300,000. This level of activity is not high enough!"

Liu Jian smiled slightly, "Mr. Chen, you haven't seen the proportion of active users of several other SNS websites. We still have one-sixth, and many other websites have less than one-tenth or one-twentieth."

."

Chen Yizhou pursed his lips, with a calm expression, and said slowly: "Everyone should be well aware of the current situation of domestic SNS. It is a bit unsustainable.

Thousand Oaks entered the game at this time and took a lot of risks.

We have been in contact for almost half a year, and we know each other well, so I won't be careless.

For six million U.S. dollars, we adopted an all-cash acquisition, paying it off in one lump sum, and we didn’t do any of those fancy things like installment payments.”

Liu Jian shook his head like a rattle, "This is too low. Our price in mind is US$10 million."

Chen Yizhou began to talk about the decline of the industry, various shortcomings of Youyoumi, and various risks after the acquisition.

In short, there is only one purpose, bargaining.

Although he had decided to sell the company, Liu Jian naturally wanted the price to be as high as possible, and he began to bargain back and forth with Chen Yizhou.

Since the two of them talked in English, they didn't worry that Breyer, a foreigner, wouldn't understand.

Chen Yizhou also studied abroad and speaks English fluently. Like Rao Lei and Liu Jian, he also attended Stanford University.

All three of them are MBAs from business schools.

Lin Fan felt sleepy after hearing that Youyoumi was selling it for 10 million US dollars, which was 4 million US dollars more than 6 million US dollars. Facebook only held 10% of the shares, so it could only share 400,000 US dollars.

His current stake in Facebook is very low. To be honest, with this little money, it is already difficult for him to be interested.

He might as well not interrupt and just be a quiet listener.

Breyer also had the same idea as Lin Fan. The main purpose of his trip was to invest, to make adjustments to Tudou.com and Youyoumi.

In fact, Breyer also accepted the fact in his heart. Youyoumi has almost proven to be a failure. It is enough to recover the cost. The pitiful profit can only be used as capital interest and cannot arouse much interest.

Although the two shareholders are not short of money and don't care about the price difference, Liu Jian still cares about it.

He and Chen Yizhou talked from morning to night, and finally came up with something.

"We are willing to pay $8 million!"

But Chen Yizhou added two more conditions, "US$4 million in cash and US$4 million in equity in Thousand Oaks Group."

Secondly, Mr. Liu and Mr. Rao, you two must join Thousand Oaks Group and continue to be responsible for Youyoumi’s business.”

While saying this, Chen Yizhou also glanced at Lin Fan, who was standing beside him.

He is very afraid of Lin Fan, and is most afraid of him introducing Facebook to China.

What puzzled him the most was that the other party actually agreed to sell Youyoumi to Thousand Oaks instead of letting Facebook take over.

Isn’t this giving me a great social network, Lao Chen?

After the price was quoted, the negotiation was temporarily suspended. Chen Yizhou and others left to avoid the situation. Rao Lei, Liu Jian, and Lin Fan and Breyer who stayed in the conference room began to discuss.

"I think the price is about the same, 8 million is 8 million, but according to the contract, our investors are preferred shares, and we want cash."

Breyer was very direct and pointed out that Axel wanted to withdraw in cash.

"No problem, all 4 million US dollars in cash will be allocated to Facebook and Axel first."

Liu Jian responded, and then he glanced at Rao Lei, who had been silent, "Lao Rao, Chen Yizhou wants us to join Thousand Oaks, what do you think?"

"I'm a little tired of starting a business and want to take a break!"

Rao Lei said with a smile: "Actually, you are the CEO and the one who is really in charge. Tell Chen Yizhou, can you join Thousand Oaks alone?

I know that you have been unwilling to let Youyoumi’s business end.

Join Thousand Oaks, get all their resources and support, and if you stick to it, nothing will turn around."
Chapter completed!