Chapter 243: Guaranteed Minimum of $50 Million, Striving for $100 Million

Sun Zhengyi looked helplessly at the Chinese young man in front of him who refused to take any advice, and he was full of doubts: For ordinary people, if they invest for three months and get a return of 5 times, where can they find such a huge profit opportunity?

This Li Xiaofan, what does he want to do?

"Mr. Li, do you know that our SoftBank Group has just acquired the COMDEX exhibition business of the world's largest computer expo under the American Interface Group?" Masayoshi Son asked.

"Well, I know..." Li Xiaofan smiled.

COMDEX is the abbreviation of Computer Distribution Exposition in English, and it is called Computer Distribution Industry Exhibition in Chinese. This exhibition was first initiated by the Interface Group in 1979 and is held every autumn in Las Vegas, USA. By 1995, it had a history of 16 years. It was the largest and most influential IT exhibition in the world at that time.

COMDEX attracted IT exhibitors from all over the world every year and has become the world's leading professional brand exhibition. COMDEX was the world's most authoritative IT exhibition at the time. The exhibition content covered the world's most comprehensive and latest IT technologies, including electronic and information products, software and application platforms, networking, and digital media. It had a very large influence in the global IT industry. Influence.

Two months ago, SoftBank Group acquired the business of COMDEX, the world's largest computer expo, from the American Interface Group for about US$800 million (approximately 80 billion yen at the time). At that time, SoftBank was just a company with an annual turnover of 200 billion yen. Even in Japan, compared to conglomerates such as Mitsubishi, Toyota, and Itochu, SoftBank is only a little-known venture capital company that has just gone public.

Therefore, when the contacts started, the industry commented that for SoftBank Group at the time, it seemed that it was overestimating its capabilities in acquiring the COMDEX business of the American Interface Group.

But at that time, Masayoshi Son believed that no matter what, he had to find a way to acquire the COMDEX business in the United States even if he borrowed debt and financing. Because going to the United States to acquire COMDEX, the world's largest computer expo, was undoubtedly a sign of the world's IT industry and Wall Street in the United States. Declaration: I, Masayoshi Son, am here, and I, SoftBank Group, are here!

This acquisition is undoubtedly the best advertisement with global influence in the IT industry.

Indeed, the $800 million acquisition by SoftBank Group two months ago shocked the global IT industry and Wall Street in the United States, making him and SoftBank Group famous. Everyone in the industry is asking about the fate of this previously unknown SoftBank company from Tokyo. What is it?

After successfully completing the acquisition of the COMDEX business, Masayoshi Son is currently at a vigorous and ambitious stage in his life. He believes that as long as he dares to spend money, there is almost nothing in the world that he cannot and cannot do!

"Mr. Li, there is always a price for every product, so please put a price on your 10% Yahoo shares!" Sun Zhengyi almost used a pleading tone, his heart: Li Xiaofan, don't be ignorant of flattery...

Who knew that Li Xiaofan just didn't want to do this?

Li Xiaofan continued to smile and said: "Mr. Sun, before Yahoo's IPO, I will definitely not sell these 10% of Yahoo's shares. However, on behalf of Yahoo's minority shareholders, I welcome you to increase your capital at the appropriate time in the second half of the year. Invest in our Yahoo company..."

Li Xiaofan's current thinking is that before Yahoo goes public, especially before Netscape goes public in August, he should try not to introduce new investors in the early stage to dilute the proportion of their old shareholders' shares in Yahoo.

Of course, SoftBank Group's final investment of US$100 million before Yahoo's IPO next year is still needed, which can significantly increase Yahoo's pre-IPO valuation.

"Mr. Li, is there really no room for negotiation?" Son asked.

Li Xiaofan bowed and said: "Mr. Sun, I'm really sorry. I suggest that you meet with several of our shareholders in September or October after Netscape is listed on Nasdaq in August and propose an acceptable solution to everyone." Capital increase and shareholding plan..."

Seeing that his words were so serious, it was the first time that Son met such a "stubborn" and shrewd business opponent, so he had to give up. He sighed softly and said: "Okay, Mr. Li, in that case, I'll take my leave now, and we'll see you later!"

"Mr. Sun, I have made a reservation for dinner on the east coast of Singapore. Why don't you stay and have dinner together?"

"Sorry, I have guests tonight. Let's make an appointment next time we have a chance..."

A frustrated Son left in a hurry with his assistant.

After Son Zhengyi left, Tang Xinyi asked curiously: "Fan, is the Yahoo company we invested in really that valuable now? You didn't even sell it for US$2 million for a cost of US$400,000?"

"Well, dear, I predict that after Netscape is listed on NASDAQ in the United States in August, it is very likely to set off a wave of investment in the Internet in Silicon Valley and Wall Street in the United States. At that time, the Yahoo shares we invested in may More valuable!”

"Really? Fan, I feel that the return on your investment is more profitable than my father's coal mine! It has been five times in a few months, how many more times do you want to sell it? Fan, are you? Too greedy..." Tang Xinyi started to worry at the end.

"Haha, dear, don't worry. We are now small and big, and we can't lose much. What we need most now is patience. Mr. Sun's visit today further proves that the Yahoo company we invested in "

Tang Xinyi said angrily: "Fan, are you qualified to come to my house to propose marriage? What does it have to do with this Yahoo company? As long as the two of us love each other, that's all!"

Li Xiaofan smiled and said: "Xinyi, you think too simplistically. This society is very realistic. As the ancient saying goes: it makes sense if we are well-matched! I am now qualified to be invited to your house for meals occasionally because I once saved To live your father's life, it is your father and your father Brother, please give me some respect. I must have a clear understanding of myself. If I go to your house to propose marriage at this moment, I will probably bring shame on myself! Even your elder brother would not agree..."

"Okay, Fan, how much do you think you will be able to come to my house to propose marriage to me after you are worth a lot?" Tang Xinyi said with a smile.

Li Xiaofan said softly: "Next year, we will guarantee a minimum of US$50 million and strive for US$100 million!"

After hearing this, Tang Xinyi shouted: "What, guarantee a minimum of 50 million U.S. dollars, and strive for 100 million U.S. dollars! Did I hear correctly? Fan, you are not talking about Japanese yen, are you?"

"Haha, please confirm, the minimum guarantee of 50 million is calculated in US dollars, USdoller!"