Becoming a Russian Oligarch After Rebirth
Chapter 290: Hit With Money_1

Chapter 290: Chapter 290: Hit With Money_1

On the Polar Bear Investment side, since Wang Ye had arrived, everyone else remained silent, allowing all the decisions to be made by Wang Ye.

After hearing Little Brother Ma’s words, Wang Ye smiled faintly.

He could understand Little Brother Ma’s feelings. He was scared of being broke. Finally encountering two "Gods of Wealth," he was now both surprised and delighted but also somewhat nervous.

He didn’t want to undersell because that would result in a loss.

At the same time, he didn’t dare to demand too much, fearing he might scare off the God of Wealth!

So all he could do was to express his attitude "within limits," trying to maintain a balance between being neither servile nor overbearing.

However, Wang Ye didn’t intend to put these people in a tough position. After all, they were his compatriots. Moreover, investing in Tencent Company certainly would bring enormous returns in the future.

Paying more now to maintain the bond between him and the founders of Tencent seemed necessary.

He said straightforwardly, "Well, I’ve also heard that they’ve valued Tencent at sixty million US dollars. But will they really give you twenty or thirty million US dollars in cash? Would you actually get that money?"

These questions left Little Brother Ma dumbfounded.

He didn’t know whether to answer truthfully or not, and he also didn’t dare to deceive them.

Who knows if the people at Polar Bear Investment already knew the details about the bid from South Africa’s MIH company...

If they did know, and he lied to them, that would be incredibly awkward!

Deputy Director Zhang, who was sitting next to him, was somewhat smoother. Since he had more dealings with investment companies, he intervened and smoothed things over, "Well, we shouldn’t casually disclose the details of their offer. But what I can share is that their offer is indeed generous and satisfying. With the investment from MIH, Tencent Company can at least keep going for another year and a half before seeking further financing."

Wang Ye nodded. He indeed didn’t know the specifics from MIH’s offer, only the general information that Milna had uncovered.

However, it didn’t matter, Wang Ye believed that, once they hear his offer, Little Brother Ma and his team would instantly forget about South Africa’s MIH company...

He flexed his fingers and randomly tapped the desk, producing a "bang bang" sound. Wang Ye was thinking with his brows furrowed.

Everyone in the meeting room was staring at this young man, because what he was going to say next would really determine Tencent’s future!

.........

"Valuation at one hundred million, we are offering fifty million to buy up fifty percent of the existing shares from the shareholders. Additionally, following the principle of equality, we will invest another twenty million in cash in the company. The remaining shareholders can also invest more, or they can choose not to." Wang Ye succinctly said.

Little Brother Ma blurted out, "In US dollars?"

"Certainly." Wang Ye smiled.

It meant that Wang Ye appraised Tencent Company at one hundred million US dollars!

It far exceeded the sixty million US dollar valuation by South Africa’s MIH...

More importantly, the investment plan Wang Ye gave was incredibly advantageous!

Fifty million in cash to acquire shares from all shareholders, this means that including Little Brother Ma and Little Superman among others, everyone could get a large amount of cash!

In addition, Polar Bear would add an investment of twenty million US dollars to the company to serve as operating funds.

The rest of the shareholders could also add funds proportionally, so everyone’s shares would not be diluted!

Wang Ye came here to make a decisive move, directly knocking Little Brother Ma and his team out with money!

In the current Internet winter, his offer was absolutely the best proposal. There could not be any other investment company that would bid higher than him...

.........

Little Brother Ma and the others couldn’t speak at this moment. They were all thinking anxiously.

If they accepted the offer from Polar Bear Investment, they needed to figure out how many shares they should sell for it to be appropriate, and in terms of additional investment, whether they should follow suit, or forfeit this option...

The current shareholder structure of Tencent Company was rather simple. Last year, they accepted a two million US dollar investment from Little Superman, who received twenty-five percent of the shares.

Apart from this, a state-owned enterprise in Peng City held fifteen percent of the shares.

The remaining sixty percent of the shares belonged to Little Brother Ma and the other founding partners.

Among them, Little Brother Ma personally owned thirty-five percent, and Deputy Director Zhang and the other five owned a collective twenty-five percent.

For this round of financing, Little Superman had already declared his intention to exit, and he indeed had the preemptive right to cash out. This was agreed upon in the previous round of financing.

Therefore, out of the fifty million US dollars from Polar Bear, Little Superman would take away twenty-five million US dollars!

Thinking about this, Little Brother Ma felt a bit of heartache.

Little Superman had hit the jackpot with this investment. He had paid two million last year, and within just one year, he made a tenfold profit!

But this was what he deserved.

After all, when Little Superman invested last year, the situation at Tencent Company wasn’t much better than it is now, they were also on the brink of bankruptcy...

Honestly, even now, including Little Brother Ma, no one really saw much of a future for Tencent’s software. Although it was a crucial component of Internet applications,

The user base was quite high, as was the usage frequency. In more professional terms, it had a high "monthly active user and daily active user rate". However, ultimately, every company needs to profit.

As for how to make a profit, nobody had an answer...

Take a look at the global leader in instant messaging software, ICQ. They were far superior to Little Penguin and popular worldwide!

However, in the end, they couldn’t figure out how to profit, and had no choice but to "sell themselves" to the American Online Company. Fortunately, they did sell for a good price, making the founder a billionaire!

Actually, the reason why Little Brother Ma and the others have managed to persist until now was not due to some grand vision.

Their ultimate dream was also similar to that of ICQ’s, to build up the company and sell it at a good price...

......

"That... Mr. Mikhail, could you give us some time to discuss this proposal?" Little Brother Ma asked nervously.

Wang Ye naturally did not mind and waved his hand as he said, "Of course, but please make it quick. I would like to finalize matters today. I have to return to Moscow tomorrow and can’t afford to waste much time here."

"Oh yes, of course, we’ll discuss it immediately, and we’ll not keep you waiting too long," Little Brother Ma quickly replied.

The founders of Tencent all got up and went to a small meeting room next door to discuss.

Except for the twenty-five percent shares owned by Little Superman, each person had to make a decision on how many of their own shares they would sell to Polar Bear Investment.

Obviously, it’s probable that no one would be unwilling to sell their shares now, considering the offered price was a once-in-a-lifetime chance...