Becoming a Russian Oligarch After Rebirth
Chapter 289 Want More_1

Chapter 289: Chapter 289 Want More_1

Little Brother Ma and his team were elated about the pleasant development. They skipped lunch and focused their attention solely on the discussion of the afternoon’s affairs.

In the end, they decided that as long as Polar Bear Investment could offer better terms than the South African MIH company, they would accept the Polar Bear’s offer.

After all, when comparing the two companies, the Polar Bear indeed had more solid financial strength.

This would also be very advantageous to Tencent.

Because in that case, Polar Bear Investment would not easily cash out their shareholding but would prefer to act as Tencent’s cornerstone investors!

When Tencent needs to finance for further expansion in the future, they might not need to go around seeking an investment company. The Polar Bear could continue to provide continuous financial support!

Of course, the "better terms" came with requirements.

First, Little Brother Ma hoped for a higher valuation from Polar Bear!

Although South Africa’s MIH gave a superficial valuation of 60 million US dollars to Tencent, they did not invest based on this valuation in actual fact.

They were only willing to spend 14 million US dollars to buy 35% of the shares, and they prioritized the purchase of the 25% shares from Little Superman of Xiangjiang.

Little Brother Ma and the other founders could only give up 10% of their shares.

The remaining six million US dollars was used for equity financing, which required Little Brother Ma and his team to also contribute according to their share ratio...

With this calculation, everyone might have to return the money they just received!

Even their shareholding might end up being diluted significantly.

MIH’s argument was that the global internet was now facing a downturn, it was impossible to invest fully based on valuation, and a certain amount of "discount" was needed.

However, without the appearance of Polar Bear Investment, MIH’s investment plan had already far exceeded the expectations of Little Brother Ma and his team!

Even if they only took out six million US dollars for 50% of the company’s shares, they would still accept it...

Second, Little Brother Ma hoped that the Polar Bear would be more generous.

Unlike South Africa’s MIH, they didn’t want to give up many shares, but not receive much cash.

After discussing for years, honestly said, they haven’t seen much money yet, who wouldn’t want to get millions of US dollars to improve their lives...

After discussion, everyone unanimously agreed with Little Brother Ma’s opinions.

They made a decision to follow this strategy in the afternoon negotiations!

.................

Soon it was two p.m.

Deputy Director Zhang’s phone rang, he looked at the screen, his face full of joy, "Here they are! It’s Milna who called. "

"Answer it quickly." Little Brother Ma also said nervously.

After a few grunts on the phone, Deputy Director Zhang hung up the phone and reported to everyone: "Polar Bear’s people will be downstairs soon, their boss is coming!"

"Let’s go, let’s all go downstairs together to meet the distinguished guests," Little Brother Ma hurriedly said.

Everyone got up and left the meeting room, came down to the office building, and was ready to welcome the arrival of the Polar Bear team.

The weather in Peng City at the end of August was extremely hot.

After standing in the gateway for a few minutes, everyone was sweating profusely, but they didn’t care at the moment.

As everyone was watching eagerly, Little Brother Ma’s eyes suddenly lit up, reminding everyone, "They should be here; everyone, be alert!"

Two old black Benzes were seen approaching one after another.

As expected, the two cars stopped in front of the building. With the "bang bang" sound of the car door opening and closing, Bald Milna and a few others got out of the car.

At first glance, Little Brother Ma saw the young man surrounded by people like a star among the moon!

He was a bit dumbfounded.

Because the young man not only seemed young, but he wasn’t a Russian in his imagination.

Instead, he was a black-haired, black-eyed...Chinese?

He was still in a daze, and Milna stepped forward quickly and introduced: "General Ma, Manager Zhang, this is our President of the Polar Bear Investment, Mr. Mikhail. Oh, by the way, he is a Chinese-Russian, he can speak Chinese. It will be convenient for all of us to communication in future, haha."

Wang Ye naturally saw Little Brother Ma too, although it was a "young" Little Brother Ma now, there wasn’t much difference between the fair-skinned, gentle, glasses-wearing Little Brother Ma and his looks after more than a decade.

He greeted, in Mandarin: "General Ma, nice to meet you."

Little Brother Ma was startled and quickly regained his composure, a wide smile on his face, "Nice to meet you, Mr. Mikhail, welcome, welcome, I didn’t expect you to speak Chinese so well."

Everyone made a few brief exchanges, but the weather outside was too hot to continue chatting there.

Under the leadership of Little Brother Ma, everyone walked into the office building.

......

From the looks of this office building, it was clear that the current situation of Tencent was not very good.

Inside the decrepit and mix-matched office building, there were laborers coming and going, carrying goods. There were no proper passenger elevators, only two humongous goods lifts, making creaking noises when in operation...

Apparently, Little Brother Ma felt a little embarrassed and chuckled awkwardly: "After financing, the company plans to relocate, and we’re just bearing with this for a while now."

Wang Ye didn’t seem to mind, casually saying, "Many great companies started from a garage, like Microsoft, Apple, and others. I believe, when Tencent looks back at its current predicament in future, it might seem like a beautiful story."

His words delighted Little Brother Ma!

Clearly, this demonstrated Mr. Mikhail’s optimism in Tencent, even comparing it to Microsoft and Apple!

When everyone arrived at the main conference room, they each took a seat.

The makeshift conference table, composed of several tablets, was extremely basic.

The founders of Tencent and representatives from Polar Bear Investment sat on either side of the large conference table.

Little Brother Ma, representing Tencent, expressed a warm welcome before heading into the main point.

He spoke seriously: "We don’t have anything to hide about Tencent’s current situation, we are indeed in a challenging spot. However, our company is now the number one instant internet communication software in the mainland,both in user count and market share, we are the undisputed leader!

It is based on this factor that South Africa’s MIH company has proposed a decent investment plan."

We were almost in agreement, but then Polar Bear Investment began to contact us.

I hope that today, we can both be straightforward and demonstrate sincerity.

We strive to quickly reach a mutually satisfying plan."

Otherwise, we may have to accept MIH’s offer."

His words were reasonable, soft yet still firm!

The implication being, don’t even think about taking advantage of us!

Although Tencent is going through a rough patch, it has a bright future ahead. Otherwise, you wouldn’t be eager to invest, right?

What you have your eyes on is Tencent’s future, right...