Chapter 234 Breakthrough
Douglas Collinger looked at the new cooperation plan given by Chen Chu in his hand and couldn't help but look at Chen Chu. The current cooperation plan can actually be said to be a brand new plan, which is completely different from the previous plan for KPB venture capital and the United States online exchange.
After a long time, Douglas Collinger looked at Chen Chu, "Mr. Chen, this agreement is really different from the requirements of AOL!"
Chen Chu looked at Douglas Collinger who was hesitant and laughed, "Director Douglas Collinger, this new agreement not only involves American Online, but also involves KPB in person!"
"As long as Chuke Technology reaches cooperation with AOL, not only AOL, but KPB will also participate in this cooperation!" Chen Chu said to Douglas Collinger.
Douglas Collinger's expression changed, which was why he didn't leave directly when he saw this new plan proposed by Chuke Technology.
Chuke Technology's new solution, iq is incorporated into Renren Technology, and its foreign business is all incorporated into Facebook. The brand belongs to Facebook and has become an important part of Facebook.
Chuke Technology overturned the shares of Facebook, which American Online wanted most, and adopted another method. As long as the merger of iQ and Renren Technology is completed, Renren Technology can promote American Online to invest in multiple industries under Renren Technology, including Renren Music, Autohome, and Hainet!
"We did not refuse. As long as the cooperation is completed, we can give American Online the priority investment and allocation of equity to Facebook and Renren!" Chen Chu said with a smile.
This sounds good, but there is a prerequisite, that is, before listing, American Online can invest in Facebook or Renren to obtain a portion of its shares, but the premise is to go public. If it is not listed, there is naturally no way to talk about it.
In other words, it seems that the difference is not big, but in fact, if you want to get it, you don’t know how long it will take, or you want to use money to buy Facebook, Renren.com’s shares, all depends on what Renren Technology plans!
Chen Chu gave mainly Renren Music and Autohome projects, which allowed the United States to invest online in Renren Music and Autohome. In other words, this cooperation, Chuke Technology gave iq in exchange for investment opportunities for IQ when I could get the equity allocation, as well as Renren Music and Autohome!
It may be inaccurate to say that you make money by yourself, but it is true that you don’t want to lose a penny. Chen Chu, the Facebook that American Online wants the most, doesn’t give you a penny, and there is no money or anything else, let alone mention it!
Douglas Collinger loosened the tie around his neck and the plan in front of him, no matter how he looked at it, it was full of malicious intentions towards AOL.
In fact, there is not much content. I just want to take the iQ but I am unwilling to pay much money. However, the above mentioned KPB makes Douglas Collinger a little moved.
This plan also gave KPB a priority share allocation on Facebook and Renren.com. You can use funds to purchase it when you go public. In addition, there is a more important point, that is, KPB can also invest in Autohome and Renren Music. Finally, it is a strategic cooperation between KPB venture capital and Chuke Technology. In the future, Chuke Technology needs financing, and it is preferred to cooperate with KPB.
Chen Chu looked at Douglas Collinger. This plan was not so much a cooperation with American Online, but rather a cheaper KPB venture capital investment.
This time, KPB venture capital gained much more than AOL. Chen Chu wanted to see how powerful KPB has, and he could tell the dead to survive, so that AOL signed this agreement!
Seeing Douglas Collinger a little hesitant, Chen Chu took out the last straw that broke the camel's back, "Chuke Technology expects that a new project will begin in the near future. As long as this cooperation is completed, the next project, KPB will be our largest partner!"
Douglas Collinger smiled bitterly. He didn't doubt what Chen Chu said. As for what the new project is, he doesn't know now, but if Chen Chu can tell it, it will definitely not be a small project. For KPB, how could he be willing to miss it!
"I'm not sure the AOL board will not pass, but I will do my best to reach this cooperation!"
Douglas Collinger stood up and reached out to Chen Chu. He looked at Chen Chu and felt that negotiating with Chen Chu was more difficult than fighting with those old foxes!
"Chan, I hope we can reach a cooperation in the future!" Douglas Collinger said, "I hope this is the beginning!"
"Of course!" Chen Chu also looked at Douglas Collinger, "Good news for Director Douglas Collinger!"
Looking at Douglas Collinger's hurried departure, Du Jianzhao couldn't help but say to Chen Chu, "Will the American Online agree to this plan?!"
This is almost equivalent to the fact that American Online gave iQ to Renren Technology for free, and then waited for the preferred share allocation that I don’t know when I could get, and finally gave money to invest in Renren Music and Auto.com. No matter how you think about it, it all felt that something was wrong!
"That depends on how strong Douglas Collinger and KPB are!" Chen Chu was not in much rush. If AOL gave up the priority allocation of shares, Chen Chu was willing to give the other party a sum of funds.
After Douglas Collinger returned to the hotel, he immediately encrypted the phone with satellites and began to report to the KPB board of directors across the Pacific. Today's negotiations.
Douglas Collinger naturally understood that Chen Chu was using KPB to achieve his goal, but they were still willing to accept it because it was profitable. As long as the merger was completed, KPB could make a big profit and make a name in Asia!
This merger led by KPB Venture Capital must have spread and quickly fermented in the entire technology industry.
There are many different speculations. AA Online has repeatedly denied that it will not sell its iQ business and claimed that the iQ business is an important part of AA Online.
The same is true for Chuke Technology. It is in a state of confinement and does not mention this matter at all. The downstairs of Renren Technology are full of reporters. This is the domestic technology industry. Its first acquisition of overseas companies in overseas companies is naturally attracting much attention. Even CCTV Finance has sent a few young reporters to join in the fun.
No one knows what the specific content is, but KPB venture capital Wall Street has begun to have intensive contact with American Online, and is led by a director-level figure and sent a lobbying team to lobby against American Online.
When the outside world sees the KPB venture capital attitude, they all know that this cooperation will probably not be too simple, and may be beyond expectations.
There are constant news coming out and fermenting on major media and portals. Regardless of whether it is true or false, it has attracted countless people's attention. This is Oriental Technology Company's first acquisition of Western technology business, and it is not an exaggeration to attract attention. Maybe when we look back at the wave of technology in the future, all this will be recorded in history today.
The villas in the suburbs of Yanjing are still busy, especially as the temperature rises, the number of people coming here to escape the summer heat begins to increase.
The newly established large open-air swimming pool attracted many people from the villa. When Chen Chu passed by, he could see a thin figure of fat swallows next to the swimming pool, which made everyone passing by ripples in his heart.
Li Xing, who was following Chen Chu, immediately stood upright when he saw these things. He was still a little restrained about them.
Chen Chu patted his shoulder and said to Li Xing with a smile, "Don't be nervous!"
Li Xing took a deep breath. It was his first time here. After he arrived, he realized the difference here, which made Li Xing feel a little stressed.
When they saw Chen Chu and Li Xing, many people in the villa showed curious figures. There were very few people who had seen Chen Chu and Li Xing. Li Xing and the others probably had some impressions, but Chen Chu and the others had no impressions at all.
It was not until Qin Changqing, Wei Mengqi, and Cao Shengli came out to greet the capital in person that the people in the villa felt that Chen Chu and Li Xing had a special identity.
Qin Changqing had a smile on his face. When he saw Chen Chu and Li Xing arrive, he immediately reached out to Chen Chu, and the people who saw this scene in the villa were surprised. He didn't know what Chen Chu came from, but actually asked Qin Changqing to extend his hand on his own initiative.
Looking at Li Xing, Qin Changqing couldn't hide his excitement and said to Li Xing, "I'm sure I'm not wrong. Brother Li is indeed not an ordinary person!"
Cao Shengli held Li Xing in one hand and pulled him directly into the room. He was indescribable intimacy, "Old Li, no matter what, I have to have a drink with me!"
Qin Changqing, Cao Shengli, and Wei Mengqi were unhappy. They had only earned millions of dollars before. But the valuation of Autohome has exceeded hundreds of millions of dollars!
In other words, in less than a few months, their investment has increased by at least several times. How can they not make Qin Changqing and the others happy?
After entering, Cao Shengli poured a glass of wine for Chen Chu and Li, and then looked at Chen Chu and asked urgingly, "Old Chen, you didn't say clearly on the phone, how much is the valuation of Autohome now?"
Chen Chu glanced at Li Xing and drank a glass of wine. The wine should have been passed by Cao Shengli from him. He could not see it on the market. "You have to ask Li Xing this, but the Autohome is under his control!"
"Don't keep it in hiding me, just tell me!" Cao Shengli couldn't help but say.
Li Xing put down his wine glass and remembered the news that came today, which made Li Xing feel a little excited. "Today, the news came from KPB that AOL is interested in investing in Autohome. According to their estimates, AOL can offer a price of no less than 70 million US dollars and get no less than 10% of Autohome shares!"
Chapter completed!