naruto-story Chapter 92: Preparing to Buy "Timely Sharing" for 500 Million
Chapter 92: Preparing to Buy "Timely Sharing" for 500 Million
The next morning, as dawn broke.
Ye Fan lay on the bed, half asleep. He opened his eyes with a slight frown, and something suddenly came to mind.
I quickly reached for my phone from beside the bed.
I opened my phone and checked the website for equity transfer of small and medium-sized enterprises.
The page loads quickly, and lines of listing information scroll by.
at last.
A familiar yet unfamiliar company name catches the eye: "Timely Sharing of Internet Technology".
"I knew it."
This insignificant little company in Jinling in its past life is now hanging alone in the transfer section, ignored by everyone, and will eventually disappear silently.
Its founder, Xiang Hao, must be going through his darkest hour right now.
This is not just an ordinary company; the prototype of its product is a key part of its vision for a future social media empire, and a crucial element in combating the public opinion storm surrounding "Big Eyes."
ByteDance is just an investor.
He knew that the future battlefield would not only be in technology, but also in the high ground of public opinion.
In my past life, "Big Eyes" was reduced to "Toilet," and the scene of all kinds of outrageous remarks and malicious guidance rampant was still vivid in my mind.
Controlling your own self-media platform that can guide healthy public opinion is a moat on the road to becoming a future giant! "You can never be too careful," especially when it comes to core technology terminals, those "big players" will swarm in like sharks smelling blood.
Swipe quickly with your finger to open the details page for "Instant Sharing".
Listing price: 500 million. The description was written earnestly, yet tinged with a touch of tragic grandeur.
Without further hesitation, Ye Fan sprang up from the bed, his bare feet touching the floor. He dialed Xiang Hao's contact number on the webpage while grabbing his clothes from the floor and putting them on.
On the other side at this moment.
Jinling.
The air seemed to freeze in the small, cluttered office.
Xiang Hao sat blankly in front of the computer. The background data for "instant sharing" on the screen was glaringly bleak. The user growth curve was almost a dead horizon, and the activity level had plummeted.
He looked exhausted, his eyes were sunken, and he stared blankly at the gray sky outside the window.
The decision to put the property up for sale was like a dull knife, repeatedly cutting into his heart.
This is the culmination of several years of hard work by him and a dozen brothers; every comment in the code carries their dreams and warmth.
He firmly believed that the concept of "timely sharing" was more advanced and focused more on connecting user value than "Dayan," but the market cruelly slapped him in the face.
Reality is cold.
For two consecutive months, salaries have not been paid, and office rent is also in arrears.
His brothers trusted him and stayed up with him through countless sleepless nights, but now they are facing the predicament of running out of food.
They are no longer the idealistic young people who only have themselves to feed; behind them are children crying for food and heavy mortgage and car loan payments.
His current concern is not the reluctance to sell the company, but whether his subordinates will be able to continue working for the company after the sale.
If not, then his employees will need to find new jobs, which takes time and effort, and they will also need to do internships, etc.
It will take a long time before you have a stable income.
"500 million..."
Xiang Hao muttered bitterly to himself.
After deducting back pay and repayment of debts incurred over the years to maintain operations, almost nothing remains of this figure.
He couldn't even afford to leave these loyal companions a decent severance package.
He was almost consumed by a tremendous sense of powerlessness and guilt.
He scratched his head in frustration, his gaze falling on the page where the transfer information was edited.
His fingertips hovered over the keyboard for a long time, and finally, with an almost tragic determination, he typed out an additional clause:
[Important Additional Condition: If the acquiring party subsequently decides to dismiss any of the company's existing employees (list attached), it shall pay each employee severance pay of no less than three months' salary.]
After adding this line, he leaned heavily against the back of his chair, as if he had used up all his strength.
Since it was listed two days ago, I've received several phone calls, and without exception, they all came up with aggressive tactics right off the bat, even more ruthless than buyers on Xianyu (a Chinese online marketplace) in later generations.
450 million, 380 million, and there was even an outrageous one who was only willing to offer 350 million and demanded the immediate dismissal of the staff.
Now that he's added this condition, it will definitely make the sale even more difficult.
Just then.
A phone rang, breaking the silence.
The dead silence was abruptly shattered by the piercing sound of a telephone ringing.
Xiang Hao shuddered and looked at the screen; it was yet another unfamiliar number from out of town.
He took a deep breath, suppressing his frustration and despair, and tried to make his voice sound professional as he answered the phone:
"Hello! This is Timely Sharing, I'm Xiang Hao."
His voice had a slight, barely perceptible hoarseness.
On the other end of the phone, a young but unusually calm voice came through, on speakerphone, with the sound of clothes being put on in the background:
"Mr. Cheng, hello. My name is Ye Fan. You're planning to sell your instant sharing company for 500 million, right?"
Xiang Hao responded:
"Yes, 500 million is already a very cheap price. If I weren't short of funds, I definitely wouldn't sell it at this price."
He tried to explain the product's potential and the team's experience, hoping to gain some room for negotiation.
however.
His words were calmly interrupted by the other party:
"500 million is no problem."
"Um!"
Xiang Hao was stunned, wondering if he had misheard.
No bargaining? Before he could even process this surprise, the other party abruptly changed the subject:
"But I have one condition."
Almost simultaneously, Xiang Hao blurted out, with a do-or-die determination:
"Um... besides the price, I have one more condition!"
Both of them paused for a moment.
Xiang Hao quickly said:
"You go first!"
His heart was in his throat, fearing that the other party's condition would be to clear the area immediately.
Ye Fan's voice remained steady, revealing no emotion:
"Mr. Xiang, please tell us your terms first."
"it is good."
Xiang Hao was silent for a moment before saying:
"Mr. Ye, my condition is that if you decide to lay off our original employees after you buy the company, please be sure to pay them at least three months' salary as compensation! I know this request might be difficult... but they are all brothers who have been with me for many years, with families to support, mortgages, car loans, and children's schooling... suddenly losing their jobs is why I..."
"no problem!"
Ye Fan readily agreed.
"what!"
On the other side, Xiang Hao was completely dumbfounded; the enormous shock left his mind blank.
I said there's absolutely no problem with your conditions.
Ye Fan continued:
"My question is precisely that you need to keep the original team."
Xiang Hao was so excited he almost knocked the notebook off the table.
Ye Fan asked:
"I'm flying to Nanjing the day after tomorrow. Mr. Xiang, do you have time? We can meet and discuss this in detail."
"Okay, okay! See you the day after tomorrow! Mr. Ye, take care... oh no, I mean, you're busy!"
Xiang Hao held the phone until the dial tone came through, still in the position of answering, his face filled with unbelievable joy and excitement.
Several seconds later, he abruptly put down the phone and slammed his fist hard on the table!
"Very good!"
He let out a low growl, his eyes burning.
He desperately wanted to rush out of the office and tell every one of his colleagues this incredible news! But he held back. Years of entrepreneurial experience had taught him that without a signed contract and real money, all verbal promises were just empty words.
He couldn't let his hopes be dashed. He forced himself to sit down, but his trembling hands and violently heaving chest betrayed the turmoil within him.
.......
Get it done.
The 500 million yuan purchase of the "Timely Sharing" team and its initial form was not a burden, but rather a reflection of the value he placed on Xiang Hao's character and the team's cohesiveness.
This deal was worthwhile! He sees this team as the seed for the future of "Weme".
Ye Fan had originally planned to fly to Jinling today, but he needed to return to his hometown tomorrow for a graduation banquet and ancestral worship at the ancestral hall, which was an important event that couldn't be delayed. The time was a bit tight.
Therefore, he set the date for the day after tomorrow.