Theoretically speaking, there is not much difference between the results of acquisitions and mergers between Aizhan and Bizhan. It is nothing more than a matter of distribution of shareholder equity.

But for Xu Xing, Chen Rui and Cheng Shaojie, it is a matter of control.

Whether Aizhan acquires Bizhan or Bizhan acquires Aizhan, it means that one party will have absolute control, and the acquired party will no longer have anything to do with the website.

But if the merger is chosen according to Chen Rui's statement, the equity of the final merged company will be divided among Xu Xing, Chen Rui and Cheng Shaojie.

Among them, as the largest shareholder of Bizhan, Xu Xing holds 95% of the shares. Once it is merged into the new company, it will be difficult to obtain a share distribution plan that satisfies Xu Xing based on Bizhan's current valuation.

But Xu Xing is not satisfied, which means Chen Rui must be satisfied.

Chen Rui himself only owns 30% of Aizhan's shares. Based on Aizhan's current market valuation, this share alone is almost the same as the valuation of Xu Xing's Bizhan.

This means that once the two parties merge, Cheng Shaojie will still be the largest shareholder and holds more than 50% of the shares.

Chen Rui and Xu Xing have similar shareholdings and share the remaining equity equally, each holding 20% ​​to 25% of the shares.

As long as Cheng Shaojie has the backing to ensure Chen Rui's CEO position, and Cheng Shaojie himself has little demand for the site, once Cheng Shaojie spins off the live broadcast business, Chen Rui will naturally be able to get the remaining money from Cheng Shaojie.

That part of the equity becomes the de facto controller.

Obviously, this result is something Xu Xing does not want to see.

"So what kind of merger method is it?" Xu Xing had some concerns in his mind, but he still asked.

"It's very simple, just calculate based on the valuation of the two companies." Chen Rui smiled and said, "Before, our valuation of Bizhan was 4 million, and Mr. Xu, your purchase price for us was 15 million, then

The two parties can merge according to this ratio."

If calculated according to this ratio, Xu Xing will only get 20% of the shares of the new company after the merger, Chen Rui will get less than 24%, Cheng Shaojie will get more than 55%, and Bizhan founder Xu Yi will only get a symbolic share.

There is still 1% equity left.

This shareholding structure is relatively reasonable for Chen Rui and Cheng Shaojie.

But for Xu Xing, after the merger of Aizhan and Bizhan, he became the third shareholder and lost control of the website.

Xu Xing fell silent.

Although he does not reject the merger, he even thinks that this plan is good, because once the merger is completed, the probability of Chen Rui choosing to leave is not very high, and he will continue to stay in the company to control the development of the website.

In this regard, with Xu Xing’s personal ability and energy, it is indeed impossible to promote the further development of Bizhan at present.

You know, the development history of Bizhan in the past life, although it is very simple to sum up, is nothing more than rectifying and optimizing the website, buying the copyrights of those high-quality dramas, acting as an agent for those popular two-dimensional games, and gaining income.

Then use slogans such as "no advertising" to attract more two-dimensional audiences to join Bizhan, burn a lot of money in the early stage to seize the market, and focus on the second dimension as the core.

After it stabilizes, it will gradually transform into a pan-second dimension, and even attract other ordinary netizens to join in, forming a new video website giant.

But this kind of thing is easy to say, but not so simple in practice.

If you ask Xu Xing to buy dramas and find suitable agents for mobile games, Xu Xing can definitely find the right one.

But in terms of the actual operation of the website, he is definitely far inferior to Chen Rui, a guy who has been immersed in the Internet for more than ten years, started his own business, and went through a complete set of company financing and listing procedures.

"We can talk about it, but the price and specific methods need to be discussed in detail." Xu Xing rubbed his chin and thought for a moment before replying to Chen Rui, "And I ask Cheng Shaojie to be present. As a major shareholder, even if he doesn't care about the development of the website,

At this critical moment, you won’t even come if you don’t come, right?”

"Mr. Cheng's side will definitely come." Chen Rui responded calmly, "However, Mr. Cheng's business is relatively busy. During the negotiation process, I will report the progress to him at any time. Unless it is a necessary critical moment, he should temporarily

No time to come over."

Anyway, from Cheng Shaojie's point of view, as long as he can ensure that he has more than half of the shares, the newly merged company can continue to inject blood into his live broadcast business. Whatever details Xu Xing and Chen Rui agree on will not affect him.

big.

The early stage of negotiation and pulling was definitely the most time consuming, so Cheng Shaojie didn't bother to come over, and it wouldn't be too late to come back when the result was almost finalized.

Xu Xing looked at Chen Rui, thought for a moment, and agreed temporarily.

After seeing Chen Rui off, he stood by the window and looked down at the busy traffic below the office building. Xu Xing stretched, and then said to Peng Yuxuan at the door: "Xiao Peng, help me contact Cheng Shaojie."

"Okay, Mr. Xu." Peng Yuxuan asked, "What do you want to say specifically?"

"Just saying that I am very interested in his live broadcast business and asked him what he thinks about the split live broadcast project and Series A financing."

…

As the end of November approaches, the takeaway platform Eatme has already blossomed on the campuses of five universities in Shanghai.

Among them, the best-run one is undoubtedly the Min University campus.

With more and more people ordering takeout in schools, and the gradual formalization of the E-Me takeout platform, students in the school can see deliverymen wearing blue vests from time to time at noon and evening.

Traveling around campus.

After reaching this scale, the EatMe takeaway platform finally attracted the attention of school leaders.

Especially when communicating with and visiting other schools, I also saw these little blue vests in other schools, which surprised Mei Hong, who had just served as the vice president of Min University.

"Is this an entrepreneurial project for students in our school?" Mei Hong, an academician of the Chinese Academy of Sciences with a background in computer software, couldn't help but ask the assistant next to him while holding the flyer that had been promoted and distributed when he came in from downstairs.

"Well, it should be." Looking at the label "Min University Student Entrepreneurship Project" on the flyer, the assistant nodded and asked back, "Do I need to help you check the specific information?"

"You can ask." Mei Hong put the leaflet on the table, took out his mobile phone and tried to download the Eatme APP according to the instructions, and then said, "Aren't you preparing handouts for open classes recently? Fresh examples around you.

, the effect is definitely stronger than other examples.”

As Mei Hong, who has just served as the vice president of Min University, there will be an open class in December, which happens to be on the theme of today's mobile Internet development.

Since the Eat.me food delivery platform has its own mobile APP platform, it is very suitable to use it to talk about in public classes.

When the assistant heard this, he immediately nodded and said, "Okay, I'll check it out right away."

"Don't worry yet." Mei Hong raised his hand to stop him and said with a smile, "I'll take a look at this thing. What do you want to eat for lunch? Just treat it as research funding expenditure."

The middle-aged assistant who had been with Mei Hong for more than 20 years laughed a little. He was used to Mei Hong's teasing in private from time to time. He just said: "Just watch it, I'm not picky about food."

Half an hour later.

Mei Hong and his assistant ate the lunch they had just delivered directly at their desks, with the information the assistant had just found beside them.

"Xu Xing, Zhang Nong, Lu Pengyou, Jian Jiashu." Mei Hong looked at the information displayed on the file and chewed on these names, "They all live in the same dormitory? I really miss them."

Thinking of his past college days, Mei Hong felt a little emotional, then he turned the page and continued reading.

"The actual controlling stake in the company belongs to this student named Xu Xing?"

"Yes." The assistant responded, "You can turn back and the situation will be explained."

"The company's initial capital was provided by this student named Xu Xing. It is said that he also came up with the idea for the food delivery platform, and several other classmates helped."

"It seems that the family should be relatively wealthy. They can spend hundreds of thousands to support the business. The family conditions should be very good."

"Yes." Mei Hong nodded, wrote down all this information, and continued eating.

…

At night, inside the Sino-Ocean International office building.

After Xu Xing finished his day's work, he stretched out on his office chair and yawned as he walked out of the office.

At half past nine, most employees in the company have already gone home from get off work.

As December approaches, two parkour games have almost completed testing. High-speed rail parkour and exciting skiing will both be officially launched in December.

At the same time, two studios under Tencent also released news in advance, saying that they would also have a new parkour game.

It can be said that there is a narrow road between enemies.

However, Xu Xing no longer pays too much attention to this aspect, and basically leaves it to Gong Ao to check. As long as the general direction of the game does not deviate, Xu Xing will not dictate too much.

As for the other three new games, including Rhythm King, Guardian Carrot and Junjiu Dress Up, they are all still under development.

Among them, Rhythm King and Junjiu Dress Up will probably enter the testing stage in December, while Guardian Carrot will be a little later and will have a chance to meet players until about a month next year.

Simultaneously with these games, the one that is about to be developed is Honkai Campus from Mihuyou Studio.

However, Xu Xing was not very optimistic about them as the Honkai Campus insisted on a pay-to-buy-out strategy.

Especially since they are still developing the iOS version, Xu Xing can at most provide a little help in promoting resources so that Honkai Impact Campus can log in to the WeChat Game Center on iOS.

However, among the many free games in the game center, it is unclear how popular the buy-out mobile game Honkai Impact Campus will be.

"Let's go back."

Xu Xing was thinking about this in his mind and walked to the workstations of Yan Chijuan and Xu Niannian.

The two of them have been working overtime until now, just waiting for Xu Xing to go home from get off work.

The three of them took the elevator together, just like they had been doing in the past few months, and they seemed to have basically become accustomed to the rhythm of commuting to and from get off work together.

"I want to have a late-night snack." Xu Niannian touched his flat belly and said, "How about buying some barbecue?"

"This is the third time you've had barbecue this week." Xu Xing glanced at her and reminded her, "Be careful of gaining weight."

"I'm very thin, okay? I can't get fat if I eat."

"From a certain perspective." Xu Xing glanced at her chest, nodded and said, "Indeed."

Xu Niannian noticed this guy's gaze and became furious. He slapped his head and angrily said, "I want you to take care of it! I want you to take care of it!"

"Isn't this for the sake of my future nephew?" Xu Xing smiled and took her hand away, not forgetting to tease.
To be continued...