"John, now you are a new billionaire and famous all over the United States. Why don't you come to Silicon Valley? Are you afraid we'll treat you?" When everyone was seated, don Valentine joked with a smile.
"Hey, Mr. Valentine, didn't you also buy some shares of Netscape? Why didn't you sell it yet?
And I borrow money from you. You're still safe. You don't have to worry at all. You don't have to worry about this and that all day.
In a short period of half a year, the 50 million borrowed at the beginning has become 60 million. Is there a more profitable business than this? " Li Feng replied with a smile.
"Ha ha..." hearing Li Feng's teasing response, there was laughter in the conference room.
"Yes, I was still talking about how John gave Tang the money. You know, we are friends. Why didn't John come to me.
Anyway, I'm also called John, isn't it? It's cheap, don. He made a lot of money. " That's not true, joked John dur of KPCB.
"Wow, ha ha..." hearing John Dole's teasing, the meeting room burst into laughter again, as if the previous fierce debate had not happened.
......
"You are all cheated by this boy. Before he mortgaged Yahoo shares, I was still wondering why he suddenly paid me back. It turned out that this round of Yahoo investment, he wanted to talk again."
Tang Valentine saw that Li Feng personally came to Yahoo and knew what Li Feng meant. I have to say that these people are still human spirits. No, Li Feng said, and others reacted.
If the shares are still mortgaged to Sequoia, Li Feng's share rights will be held by Sequoia. Now Li Feng has returned the funds and taken back Yahoo's shares. Obviously, he has his own idea for this round of financing.
"Hehe, we are all for the good of Yahoo, isn't it? Let's talk about the latest progress." Li Feng said with a smile.
"John, in fact, the basic views are the same, that is, there are still some differences in valuation. We insist on 2 billion, and their current offer is up to 1.6 billion, which is still under discussion." Yang Zhiyuan said with a smile. In fact, Li Feng already knew these before.
"In other words, 20% of the shares will raise US $400 million, right?" Li Feng said with a smile.
"Indeed."
"Well, I'm willing to admit the valuation of your management. If they don't want to, I can invest." Li Feng smiled at the crowd and said.
......
"John, you can't eat alone." Well, everyone was worried when they heard Li Feng's words. Someone directly said that Li Feng couldn't eat alone.
"Ha ha... You see, don't you all want to? In fact, you all know that Yahoo is still very good. I also talked to Yahoo Yang Zhiyuan and the management. They are going to be listed in the first half of next year. I believe Yahoo can give us a rich return."
"Well, now that it's all like this, let's all flow down." Don Valentine interrupted at this time.
Well, next, Sequoia, KPCB, IDG, hatch capital, Softbank, AOL, etc. stayed.
In addition to some old friends before Li Feng met, he also met new capital forces - hatch capital and Softbank, which are also acquaintances. At the same time, Li Feng also saw a new investor - Softbank.
"John, I've never seen an investor like you." John dur joked at this time.
Now that they all agreed, everyone laughed.
......
"Ha ha, everyone, in addition to being an investor, I'm also one of the founders of Yahoo. At the same time, I get along well with Yang Zhiyuan and David. I'm a good friend. Of course, I hope Yahoo can develop smoothly, don't I?"
"Well, Yahoo has brought you a valuable return, hasn't it?"
"Indeed, without Yahoo, there would be no me now. I always have to be grateful, right?" Li Feng said with a smile.
Hearing Li Feng's words, everyone smiled and nodded. Everyone likes to make friends with people who know how to be grateful.
Seeing everyone laughing and reaching an agreement, Li Feng thought that if he didn't know the future development of Yahoo, I wouldn't come.
Well, if everyone knows what he thinks, it is estimated that they will take back their praise and can't change Li Feng's villain behavior.
Next, we will discuss the issue of shares.
......
Considering his own situation, Li Feng invested 50 million again and obtained a 2.5% stake in the new Yahoo. As for others, Li Feng is too lazy to manage. Let them argue.
At the same time, half of the shares in this financing have no voting rights in the board of directors, which is negotiated by everyone.
Li Feng's previous 17.5% shares were diluted to 14%. Finally, Li Feng still has 16.5% shares in Yahoo. He thought that he would wait for listing next.
Yes, after discussing with Zach, Li Feng counted their shares together and put them all into the investment company, and Zach also obtained 1% of the shares of the investment company. In this regard, Zach also agreed, saying that you gave it all, and it's OK to work together.
At the same time, the 50 million has hollowed out all the funds on the book of the investment company. After completing all the formalities and signing the contract, people naturally celebrated.
Although he was still red faced before, when it was determined, he talked and laughed again. It made Li Feng feel that life was like a play and a play like life.
With the formal conclusion of Yahoo's financing negotiations, Yahoo's valuation and the news of successful financing naturally began to spread to the outside world, both industry practitioners and the media were amazed.
With a valuation of 2 billion, how many enterprises have done it for a lifetime, and the market value is less than 2 billion, while Yahoo has only two rounds of financing, and the valuation is 2 billion. In the end, are the people who heard it wrong or the people who invested it crazy.
Naturally, a new round of Internet boom has been fired again.
......
Naturally, there are praises, and there are blacks. This is the world. Especially when Li Feng took the lead in admitting the valuation of Yahoo's 2 billion, Li Feng naturally attracted a lot of attention. At the same time, it is inevitable that he will be regarded as a "trust", although Li Feng doesn't care.
"2 billion, this is Yahoo!" This was the front page headline of the Wall Street Journal the next day.
The daily believes that Yahoo's valuation of 2 billion is an investment worthy of investment. At present, the market value of Netscape far exceeds 2 billion. The daily clearly puts forward the concept that Yahoo should far exceed Netscape and believes that Yahoo represents the Internet.
So as to start a comprehensive introduction to Yahoo, from the beginning to Li Feng's first angel investment, to development and the first venture capital, the next Yahoo's development all over the world and the latest round of financing.
Let people have a comprehensive understanding of Yahoo for the first time, and express surprise at Yahoo's silent completion of the layout of the English area and Europe.
At the same time, he praised Yahoo's goal of laying out the world next and believed that Yahoo's management was a wise leader, which would make Yahoo a representative and banner of the Internet.
In the next few days, newspapers all over the United States began to track the news of Yahoo. From the founder to the management to various venture capital institutions, they became the target of many media.
......
Naturally, among the people, Yang Zhiyuan, David Philo and Li Feng are naturally the focus of attention, especially Li Feng has once again become the focus of the American media.
After all, I just paid attention to it not long ago. With the financing of Yahoo, Li Feng has once again become the focus. Many media even call Li Feng the focus of news, and can become the focus of everyone everywhere.
Especially with the Wall Street Journal's renewed attention to Li Feng, Li Feng's previous investment in Microsoft and Cisco was exposed. Naturally, Yahoo's shares and a number of new companies, the Wall Street Journal launched a page a few days later.
The title of "the youngest billionaire wealth creator" was crowned on Li Feng's head, which made Li Feng, a 15-year-old boy, attract extensive attention in the United States again.
The focus on wealth is always the most eye-catching, and so is this time.