Chapter 464 Bandai Company
Masayoshi Son looked steadily at the man in front of him.
My heart was uncertain for a while.
Although I think Xu Liang's words make sense, he is not the kind of person who gives up easily.
“Since Mr. Xu is not afraid of Yahoo Japan’s search, why should he be aggressive and use Bandai in exchange?”
"It's different."
Xu Liang shook his head.
“I don’t care, but it doesn’t mean that Hongmeng doesn’t care. I have to give an explanation to the people below, otherwise, why can I, as a competitor, enter Hongmeng’s Series B financing?”
Sun Zhengyi remained silent. moment.
"About Bandai, I will give you the answer later."
"OK, I'll wait for Mr. Sun's answer."
Then the two of them stopped talking about work, ate and drank, and wiped out the dinner prepared by Sun Zhengyi.
"By the way, I heard that Mr. Sun is good friends with Mr. Nobuyoshi Fujita, the president of Sanyo Foods Co., Ltd.?"
Xu Liang suddenly asked.
Although he was a little surprised, Son nodded.
"When I was studying economics at the University of California, Berkeley, we were alumni and good friends."
"Can you please Mr. Sun to help me make an appointment with Mr. Fujita."
"There is no problem in making an appointment, but I don't know Mr. Xu What's the specific matter? If Fujita asks, I can answer it easily."
"Let's wait until we meet. I'm not sure yet."
Seeing him shirk. Sun Zhengyi nodded and didn't ask any more questions.
Xu Liang stood up.
"I've already eaten. Thank you very much for Mr. Sun's hospitality."
Sun Zhengyi reached out his hand as he stood up.
"Every time I meet with Xu Jun, I benefit a lot."
"Excellent."
A brief handshake.
"Mr. Sun, I'll take my leave then."
"I'll see Xu Jun off."
Arrived outside the door and said goodbye again, Xu Liang got in the car and left .
Looking at the car silhouette in the distance, Son Zhengyi frowned tightly.
Originally, he thought that with Yahoo! Japan's industry influence, it could quickly expand into the Internet search field and surpass Hongmeng Bing in two to three years at most.
But after listening to Xu Liang’s analysis, it seemed that things were not as simple as he thought before.
In addition, the words he originally thought of to appease Xu Liang and Hongmeng were not used at all, and the matter was resolved.
Bandai is a listed company. After half a century of development and several ups and downs, the Yamashina family behind the company does not hold many shares.
With SoftBank’s power in Japan’s corporate world, it is not difficult to directly acquire 20% of Bandai’s shares.
Moreover, Xu Liang’s 10% commission is also very generous.
What you think is difficult is actually very simple, and what you think is simple is actually very difficult. This is Son’s current mentality.
After standing in front of the door for a long time, I woke up after the secretary reminded me.
“No matter what, now that the decision has been made, we can’t look forward and backward.”
Sun Zhengyi made a decision.
Successful people have their own pride, so he decided to take a gamble.
Took out his cell phone and called Masahiro Inoue.
"Inoue, it's me. Terminate the contract with Hongmeng, and the liquidated damages of 200 million US dollars will be paid in full."
When Hongmeng Bing signed a search service contract with Yahoo! , four years, liquidated damages of US$200 million.
It's not that Xu Liang didn't want to set a higher price, mainly because two years ago, everyone was a small company with a valuation of no more than 100 million US dollars, and a liquidated damages of 200 million US dollars was a sky-high price.
Not like now.
Don't say 200 million, let alone 400 million US dollars, Son would not hesitate to tear it up.
“Chairman, would it be too early to tear up the contract now? Hasn’t Hongmeng’s Series B round not been signed yet?”
According to the previous discussions between the two, after SoftBank’s investment in Hongmeng ended, , Yahoo Japan will tear up the contract.
“I don’t want to wait any longer. There are still two months left for Hongmeng’s Series B financing. I don’t know how many rounds of negotiations have gone through in the meantime. When it is finally finalized, it will probably be September or even October.
By then, Bing will become increasingly difficult to shake in Japan. "Then Hongmeng's Series B financing, you gave up?" "
"No. I agreed to Xu Liang's other conditions. "Masayoshi Son said.
Although Masahiro Inoue was a little curious, he wisely did not ask any more questions.
" Got it, I'll notify the lawyer immediately. ”
"The sooner the better."
"Hi."
On the way back to the car.
“Mr. Xu, does Hongmeng want to acquire Bandai?”
Lv Hui asked.
"The money from Series B financing will always be spent, and Bandai is a very suitable target. However, it is not easy to acquire, which requires a long-term plan.
SoftBank is the first step."
“Aren’t you afraid that Sun Zhengyi will regret after receiving Hongmeng’s B-round financing share?”
“Haha, of course not. Everyone is greedy, and Sun Zhengyi is even better.
If he rejects me, it means rejecting Hongmeng’s Series C financing opportunity and the financing opportunities of my other companies. Moreover, half of China’s Internet companies have financing from Hanhua.
If we deliberately make things difficult, SoftBank's development will not only be difficult, but it will also be much more difficult.
He can't be that stupid. "
Lu Hui nodded clearly.
As soon as he returned to Hongmeng Dongying Branch, Fukunaga Hideo came over in a hurry.
"Mr. Xu, I just picked up the phone. Call Yahoo! Japan and they will tear up the search service agreement they signed with us three years ago and compensate us US$200 million in liquidated damages. ”
"Masayoshi Son is very determined."
Lao Sun really showed him the determination of a successful entrepreneur.
"President, what should I do?"
"Salad. If Yahoo Japan wants to search, let him do it. As long as he doesn't join forces with Google, don't worry." Xu Liang said.
The current market environment is different from three years ago.
After three years of continuous development, Bing has successfully occupied 80% of Japan's search market.
No one knows better than Xu Liang how difficult it is to subvert a company when it has such a huge advantage.
Unless we enter the mobile Internet era, it is simply impossible.
Xu Liang's calmness calmed Hideo Fukunaga's panic.
“By the way, when Yahoo Japan’s $200 million in liquidated damages is received, you can go to the secondary market and exchange it for Bandai shares.”
"Bandai Company?"
Xu Liang nodded, "Bandai's business fits with ours. If we acquire more shares, the future cooperation between the two parties will be smoother."
Plan to acquire Bandai Company. , Xu Liang didn’t plan to say more until he had no idea.
Hearing what he said, Fukunaga Hideo didn't doubt anything.
I agreed and left.
However, although Hideo Fukunaga doesn't need to say much, Xie Wen must make it clear.
As the COO responsible for daily management of the company, only by keeping pace can the company develop rapidly.
“Bandai is indeed a good complement to Hongmeng’s pan-entertainment business. It can not only expand our offline channels and products, but also learn from their development experience to develop the domestic market, killing two birds with one stone.” Xie Wendao.
“Heroes think alike, I think so too.” Xu Liang said with a smile.
“Although Bandai is good, it is not easy to acquire it. It is not just enough to have money.” Xie Wen said.
"I will send emails to Bandai's shareholders, as well as officials from Japan's Fair Trade Association and the Ministry of Economy, Trade and Industry, inviting them to invest in Hanhua's funds, especially the Blue Dragon One Fund."
Blue Dragon One. The fund expires at the end of November.
Xu Lianghui will start fundraising work in advance.
Hearing this, Xie Wenxin felt relieved.
With the ultra-high profits of Qinglong Fund, whenever there is an opportunity, you will not miss it.
Once on board, there will be basically no obstacles if interests are connected.
"Mr. Xu, I think you can be more relaxed. The more people in the water, the safer it is."
"I know, don't worry."
(End of this chapter )