"It would be best if...we could have 1 billion yen in funds."
Sun Zhengyi struggled again and again, and after drinking more than half a cup of tea, he finally spoke, "Now the interest rate on loans is much lower than before, and the additional cost of interest is really unnecessary. If this ideal situation cannot be achieved, 8 In fact, it is acceptable to pay off this year’s short-term debt and interest first, and then retain the turnover needs for subsequent product purchases and sales.”
"It sounds like Sun Jun is more interested in borrowing money than investing."
Fang Yan picked up a dorayaki and talked while eating it.
"Fang Yanjun, then I will speak frankly."
Son Zhengyi said bluntly: "I am confident in repaying the money, so I prefer to borrow money. If it is investment, given SoftBank's current situation, we will definitely have differences in the assessment of the value. Moreover, for the club to introduce new Shareholders really need to know enough about Fang Yanjun. I hope that the shareholders who join can recognize my direction and help my talents in future development.”
"I can hear what Sun Jun thinks his company's current valuation would be if he invested in SoftBank."
Fang Yan narrowed his eyes.
"$100 million!"
Son Zhengyi looked confident and stretched out a finger.
As soon as these words came out, Keiko Matsuzaka's eyes widened in shock. In her opinion, 100 million yen was scary enough, let alone 100 million US dollars!
Fang Yan said without changing his expression: "100 million U.S. dollars. It seems that Mr. Sun is very confident in SoftBank..."
Sun Zhengyi said with sharp eyes, "Maybe Mr. Fang Yan thinks I am boasting, but I dare to say that as long as I come back, I will no longer be troubled by the disease. With Neon's status as the largest software distributor and the first mover in the personal computer field Opportunities for excellent companies, even Neon SoftBank, which is currently burdened with 1 billion yen of debt and new rivals, are worth at least 100 million US dollars! ”
Fang Yan said coldly: "But I seem to have heard that when SoftBank was founded, it was 10 million yen. Later, Sun Jun spent 15 million yen to buy back the other party's shares. Even counting from that time, in just these few years, Has SoftBank’s value doubled? ”
Sun Zhengyi stared at him closely: "Does Mr. Fang Yan even know about this kind of thing that happened a few years ago?"
"Yeah."
Fang Yan explained that as the consultant and deputy editor of Bunko, when introducing computer software products to the bookstore prepared by himself and Kadokawa Rihihiko, he naturally had to do some research and compare products. As a leader in Japan's personal computer industry, SoftBank would inevitably is the focus of attention.
"My valuation of US$100 million is well-founded!"
Son Zhengyi said seriously: "I am confident that the loss situation can be reversed within one year. SoftBank can achieve an annual growth rate of more than 100% in the early days of its establishment. Even if it faces enemies, it will achieve a compound annual growth rate of at least 40% in the next five years." rate. Within five years, SoftBank will successfully go public with the rapid development of the personal computer industry and become a company with a market value of 100 million yen! ”
"Even if I believe you, if we can use 500 million yen as the end point in five years and calculate it with a compound annual growth rate of 40%, SoftBank's current valuation should be about 5 billion yen, right? And this round of valuation Such a high price may affect the next round or even the IPO.”
Fang Yan reminded him with a smile.
Son is also very aware of the consequences of his high valuation and rapid financing.
For example, it will cause trouble for SoftBank's subsequent financing. After all, theoretically speaking, valuations will rise in every round.
If the valuation of the A round is too high and the investment institution feels that the company is not developing that well and is not worth so much money during the B round of financing, then the investors in the previous rounds will definitely negotiate to exchange their equity shares and the original investors will have to exchange their shares. I was so high, but now the valuation is so low, I have to make up the difference.
It will also dissuade other investors who were still waiting and watching, so blindly overvaluing is equivalent to overdrafting future financing potential.
Unless before the next round of financing, the money from this round of financing can enable the company to achieve exponential and terrifying growth.
But right now, Masayoshi Son can no longer care about so much. There are tigers in front of him and wolves behind him, and SoftBank is still carrying more than 1 billion yen in debt.
"Sun Jun must also know that, whether it is for me or others, US$100 million is unrealistic for SoftBank today."
Fang Yan shook his head, "You can't convince others with empty words, let alone don't forget about 'financial due diligence.'" Seeing Masayoshi Son's face changed drastically, Matsusaka Keiko was puzzled and asked in a low voice: "What is financial due diligence?" Investigate?”
Fang Yan explained, "After the investor reaches a preliminary cooperation intention with the club to invest, the investor can conduct on-site investigation and data analysis of all matters related to this investment in the club..."
Son thought for a while and then took a step back: "Half! My bottom line is that after the funds come in, the total valuation will be 8 billion yen."
8 billion yen is currently approximately US$6,000, although it is still higher than the highest valuation currently given by financial institutions.
Fang Yan touched his chin and stopped when he thought it was okay.
Of course, given Softbank's current internal and external troubles, it can take advantage of the situation and lower the price, but he doesn't want to leave a bad impression like a vampire. After all, it's not a one-time deal. In the future, he has to keep his head down and not look up again. Good to meet.
Anyway, this guy will bring SoftBank to hundreds of billions of dollars in the future, and he can make a lot of money for himself.
As soon as he thought about this, he no longer hesitated and said: "Based on the post-investment valuation of 8 billion yen, I can give you 1.2 billion, accounting for 15%, and I promise you that I will not interfere with your business decisions. If you don't take the initiative to speak , I will not ask for additional investment to increase my shareholding ratio, but If SoftBank needs more financing, I must have the same valuation as others to pursue investment, but you don’t limit my qualifications for pursuing investment. In fact, I can always support your strategic decisions and keep my share ratio correct. You will make a lot of sense.”
Son was already a little surprised when he heard that he could agree to a valuation of 8 billion yen.
And when he heard that what he took out was neither 800 million yen nor 1 billion yen, but 1.2 billion yen that exceeded his expectations, Son was even more overjoyed. Faced with a powerful enemy who was eyeing him, The more money you invest in SoftBank, the better.
Although 15% of the shares is indeed a bit too much, Fangyan's promise not to interfere with SoftBank makes Son feel more at ease.
Please...you...collect_6_9_书_吧 (六//九//书//吧)
"In addition, I have a condition, that is, the 5% of the shares I own will be held by Qingzi on my behalf."
Fang Yan looked at Masayoshi Son on the left and Keiko Matsuzaka on the right.
"Eh?"
Matsuzaka Keiko was shocked when she saw that 5% of the shares were equivalent to 400 million yen. Even if she spent a lifetime filming movies, she would not be able to earn that much money. Although she could feel his good intentions, she still He wanted to refuse firmly, but before he could speak, the back of his hand was lightly tapped.
"Look at you, you're in a hurry, you're just holding it in place."
Fang Yan gave her reassurance, "If I do this, there is a reason why I do it."
Son Zhengyi was puzzled: "I wonder if Mr. Fang Yan can tell us something?"
Dialect said that making Matsuzaka Keiko a shareholder of SoftBank can not only use the aura brought by the star itself to bring visibility to the company's operations and publicity, reduce the marketing cost of the project, but also help SoftBank, which is currently plagued by negative news, transfer Pressure from public opinion.
This is one of the reasons why so many companies in later generations are willing to accept celebrities as investors!
At this point, he grinned: "And one more thing, you are Korean-Japanese, and Keiko is also Korean-Japanese. She invested in your SoftBank, which can be regarded as a fellow villager helping a fellow villager."
Hearing the last sentence, Sun Zhengyi was a little overjoyed: "Really?"
Matsusaka Keiko nodded and said that her mother is Japanese and her father came to Japan from South Korea.
Sun Zhengyi took the opportunity to build a friendship, "It just so happens that when I first started my business in the United States, I had a very good partner who was also Chinese. Do you know why we can get together? Because my ancestors, In fact, I also migrated to South Korea from China first. I am a descendant of the great Chinese military strategist and the author of "The Art of War"! ”
Fang Yan almost spit a sip of tea into his face. Is this an ancestral recognition skill passed down by the country's ancestors?
But he at least wanted to order Bilian. At any rate, he was talking about people who migrated from China, not that Sun Wu was Korean.
The grandson of a grandson is really such a grandson! Why don't you just say you are a descendant of the sun? (End of chapter)