How much does the ice and snow company plan to invest?
The next moment, Mr. Zhang looked up and asked.
“At least 20% of the shares, at market price!” Feng Bing said with a smile.
Market value is fictitious.
Although ByteDance's market value has reached 11 billion, the investment valuation will certainly not be that high. Therefore, Feng Bing's proposal to invest based on market value shows great sincerity!
Mr. Zhang did not agree immediately, saying he needed to go back for a meeting.
Mr. Zhang takes this matter very seriously.
After leaving the restaurant, he immediately went to the company and asked his assistant to notify other senior executives and directors to come to the meeting.
ByteDance Meeting Room.
Initially, the board members and senior management were unwilling to accept the investment from Bingxue.
But after Boss Zhang revealed that Star Entertainment, Sunday Mall, and Ice and Snow Investment were owned by the same person, everyone's attitude changed.
However, 20 percent of the shares is too much.
Some have suggested cross-shareholding with Sunday Mall.
the next day.
Mr. Zhang arranged to meet with Feng Bing again.
This indicates that ByteDance can accept a maximum of 10% investment from Ice & Snow Investment, but can also contribute another 10% of its shares to exchange for 10% of Star Network's shares.
Although StarNet has not yet raised any funds, its market value is already very high, with an external valuation of $15 billion.
Therefore, it is not fair for ByteDance to exchange 10% for 10% of Star Entertainment.
Feng Bing could not make the decision directly on this matter.
After calling Gao Yan for instructions, Gao Yan offered a condition: if ByteDance agreed to invest 15% in Bingxue, he could exchange 10% of Xingchen Network's shares for 10% of ByteDance's shares.
It's worth noting that in Gao Yan's vision of the next five years, ByteDance's market value has already reached $100 billion.
It seems like we're at a disadvantage now.
We may not necessarily suffer losses in the future.
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