Chapter 252: Crazy Critical Attack! Liao Feng is in a terrible state!
"No need to wait for President Wu. She gave me full authority to represent her."
At the board meeting, Liao Feng spoke directly.
"Mr. Wu and I agree that we are willing to accept the offer from Yahoo Group and SoftBank Group. What do you think?"
As soon as these words were spoken, all the shareholders present began to talk about it.
For a moment, it seemed completely unacceptable.
The main reason was that everyone's expectations were completely raised, and they thought the valuation would be $1.5 billion or $1.6 billion. But after spending so much time and effort, the valuation was still around $1 billion.
How much is this? The gap is too big.
Miyazaki was silent for a while. "We have three major business clusters and two hit games in our hands, but our market value is still not as high as Shanda Group? It is only supported by one game, Legend."
The shareholder sent by Sohu said, "Isn't there any rush? After all, negotiations are all about pulling back. It's normal for the negotiations to take more than half a year."
Liao Feng said slowly: "We have been working on this from the beginning to the end for several months, almost half a year."
"Of course, I also respect everyone's opinions very much."
"But I have to tell you a fact, that is, the first to strike is the strongest, and the last to strike will suffer. We have competitors."
Miyazaki: "Isn't it true that there is no possibility of cooperation with the Lightning Group?"
Liao Feng: "It's Alibaba. They are also in in-depth negotiations with Yahoo Group, and their progress is not much behind ours."
"I still say the same thing. I respect everyone's opinions very much. If Yahoo Group absolutely cannot change the price, should we cut off the possibility of cooperation and just sit back and watch Yahoo give this huge investment to Alibaba?"
"It can be said that once this opportunity is lost, it will never come back again."
“Do you have the courage to keep working on the project, and with extraordinary financial reports, push the company to the Nasdaq and get a huge valuation?”
"If you have confidence, then I will fully obey your opinion. The worst that can happen is that we will be listed two or three years later. The worst that can happen is that we will have to fight harder."
The whole place fell silent.
Capital is always weak, and this is especially evident at this time.
Accepting this offer and this valuation, although there is a big gap with expectations, there is still profit to be made.
Miyazaki: "Mr. Liao, in order to welcome this investment, the cost we paid in the past few months is almost 100 million US dollars."
More than $100 million, a little bit more.
From buying out "Perfect World" to obtaining the exclusive operating rights of "World of Warcraft" in China, plus the money spent on CCTV Spring Festival Gala in order to maintain the huge prosperity of Facebook.
Everyone took a big gamble.
Burning 100 million in exchange for 300 million US dollars, plus a portion of Yahoo China's shares? But the shares in hand will be greatly diluted.
Liao Feng: "I know that I didn't make as much money as expected from this deal. But it's still a big profit, isn't it?"
"More importantly, by securing this large investment, we can achieve two strategic goals."
"The first goal is that with the endorsement of Yahoo Group and SoftBank Group, we are one step closer to listing in the United States. An IPO in the United States will be our wealth feast."
"The second goal is to cut off Lin Xiao's retreat and completely block his internationalization route."
Then, Liao Feng continued: "According to our agreement with Yahoo Group and Softbank Group, once the two parties complete the strategic cooperation, we will immediately set up the overseas department of Renren Group. Yahoo Group, Renren Group and Softbank Group will jointly acquire Zuckerberg's THE FACCES in the United States and completely kill Lin Xiao's American Facebook."
"And Ms. Wu Lingxi will become the global president of Renren Group."
"I think everyone should have seen her ability in social networking sites. In the domestic market, she still won despite a strong competitor like Facebook. And when she went overseas, with the backing of Yahoo Group and SoftBank Group, do we still have any rivals?"
“Not at all!”
"In about a year at most, we will be able to create another Renren Group!"
"Everyone knows that the United States is the center of the world's Internet industry. With the same scale, the valuation there is many times higher than ours."
"After acquiring The Faces, we have already achieved half of the success in the North American social networking industry. The next step is to continue to replicate and expand."
“When we create another Renren.com or Renren Video overseas, what will our valuation be?”
"That's not $3 billion, but $5 billion, or even more!"
"Lin Xiao is very capable and his Facebook is also very strong, so why did he fail miserably in the United States? Because the timing, location and people were not right."
"It is even more important to get on board at this time."
After these words were spoken, the shareholders looked at each other in bewilderment.
This is quite interesting. This is a story to tell.
Miyazaki: "We will acquire The Faces, merge it into our Renren Group, and finally list it as a package? Will Mr. Wu be in charge of overseas expansion?"
Liao Feng said slowly: "Yes!"
Everyone present looked at each other again.
Mr. Liao, you are really cruel.
In this way, Wu Lingxi has been working hard for everyone.
She pushed for the merger of Renren.com with all her strength. Now that the data has reached its peak, it has attracted investment from Softbank and Yahoo Group. Now she has been made the global president to create another Renren.com overseas.
Everyone may have different opinions about Wu Lingxi, but they still have great confidence in her abilities.
In this way, the prospects are really promising.
China's No. 1 social networking site, America's No. 1 social networking site, No. 1 video site, and if we expand into the European market.
Then this story is just out of this world.
By that time, a market value of thirty or fifty billion US dollars will no longer be a dream.
Once it goes public, everyone's shares will really increase by at least ten times.
Capital, after all, is about creating brands, concepts, and stories out of thin air.
Liao Feng said: "Mr. Sun Zhengyi and Mr. Yang Zhiyuan have been waiting for our reply."
"Then let's vote by raising our hands!"
"Raise your hands if you agree with this investment proposal!"
After a moment, everyone in the audience raised their hands.
This is why Lin Xiao does not want to be invested in on a large scale. They are really thinking about cashing in and thinking about the results all the time.
Especially since a considerable portion of Renren Group is Hong Kong capital, it is even more eager for quick success and instant benefits in this regard.
Liao Feng smiled. He was already confident about the result.
………………………………
The next day!
Renren Group couldn't wait to leak the news to the media.
Suddenly, similar headlines appeared on all portal websites and in many media headlines.
Renren Group, the winner! Facebook is out!
Leader Ergou lost his biggest strategic ally! Renren Group received the largest investment in Internet history!
Masayoshi Son eventually abandoned Lightning Group and chose Renren Group.
In other words, Renren Group has not yet gone public. If it were to go public, its stock would definitely hit the daily limit today.
Although Liao Feng was very anxious, he held a dinner in front of everyone to announce this great victory.
But whether it is inviting leaders, VIPs, or a large number of media, it takes time.
final……
A grand dinner is scheduled for February 25th.
In fact, the negotiations between the two sides have not yet ended, because they involve many details and will take a long time.
However, there will be a grand signing ceremony at this dinner.
Liao Feng and Wu Lingxi signed a strategic cooperation agreement on behalf of Renren Group, Softbank Group and Yahoo Group.
Because of the long-term battle, there always needs to be a result and a ceremony.
And this grand dinner, this signing ceremony.
It represents the fruits of victory.
………………………………
For this day, Wu Lingxi has already ordered several high-end dresses.
At this time, several major luxury brands sent more than a dozen custom-made jewelry, waiting for Wu Lingxi to choose.
"Xixi, you are the absolute protagonist tonight!"
"The biggest contributor to this victory is you."
"Without you, there would be no Renren Group today, and there would be no victory."
"I am a green leaf, we are all green leaves."
Liao Feng was standing by, helping Wu Lingxi choose her dress and jewelry.
On this point, Liao Feng really did not lie.
At tonight's banquet, Wu Lingxi is still the absolute protagonist and the most brilliant person.
She will be publicly announced as the global president, creating the illusion that I, the chairman of Renren Group, am also under the leadership of this global president.
One was to make up for it, and the other was to allow Wu Lingxi to continue working hard for their career.
You have built up Renren.com in China, so I will come to reap the fruits. I will then give you a promotion or a demotion, allowing you to continue fighting while we reap the fruits of victory.
"This is the white one!" Liao Feng said, "You have always worn mostly white, and... I dream of seeing you in a white wedding dress."
Wu Lingxi's eyes fell on the white dress. It was indeed beautifully designed and very suitable for wearing at an engagement ceremony.
"A white dress with a sapphire necklace, perfect!" Liao Feng picked out jewelry again.
Wu Lingxi smiled and said, "Okay, I'll listen to you."
Liao Feng said: "Mr. Yang Zhiyuan, Mr. Son Masayoshi and I have discussed that in order to go international and global, we need to set up a joint venture company, and then put Renren, Renren Games, Renren Video and other business clusters under the name of this joint venture group. After acquiring The Faces in the future, it will also be under the name of this group."
Because if you want to acquire the Faces, then you will face the problem of how to name it.
Also called American Renren.com? No!
Because this is a typical Chinese word.
Since we need to continue packaging and telling new capital stories, it is necessary to create a bigger shell.
Liao Feng: "We have come up with several names, which one do you think is better?"
Next, he handed over a piece of paper with a few names printed on it.
Globalization means new names, new stories and new atmosphere.
Wu Lingxi suddenly said: "It's called META Group!"
Liao Feng was stunned. What does this name mean?
Beyond the Group?
Metadata Group? Because the concept of the metaverse will not be born for more than a decade, Zuckerberg changed the name of Facebook to META to show his determination.
Wu Lingxi said: "It's settled, it's called META Group."
Liao Feng smiled and said, "Okay, you are the global president, you have the final say, we will go and register everywhere now."
"Oh, and there's also a website address, which you need to register first, or spend money to buy it."
"As long as you are happy, everything is fine."
…………………………
February 24! Lin Xiao, Xia Xi, Gao Changhe, and Li Shuang all received an invitation.
meta dinner!
Quite interesting!
Xia Xi couldn't help but laugh and said, "Even the name META was given by you. It's really interesting."
"It's really a love-hate relationship!"
On the evening of February 25th! The Shanghai Exhibition Center was brightly lit.
After several days of preparation, the dinner became more formal.
There are many VIP guests.
There were many reporters, many capitalist celebrities, and officials from Shanghai in the audience.
Of course, there were not many stars present, or even almost no stars, because the standard of this dinner was relatively high, and only the rich or noble could attend, so stars were not qualified.
Even at this time, the conditions for online video live streaming were still very immature, but Renren Video still struggled to carry out pseudo live streaming.
The entire dinner was served in Western style.
There were about two hundred people attending the dinner, most of whom sat at a long table at the back.
People of noble status sat at the small table in the front, with four people at each table.
This arrangement was well thought out.
Because Liao Feng, Wu Lingxi, Son Masayoshi and Yang Zhiyuan will be seated at the same table.
And coincidentally, the four giants of Lightning Group were also sitting at the same table.
When Lin Xiao led three people into the banquet hall, a group of people were surrounding Liao Feng, Son Masayoshi, and Yang Zhiyuan, like stars surrounding the moon.
"Mr. Lin, what a rare guest, what a rare guest..." Liao Feng, wearing an elegant suit, saw Lin Xiao at first sight.
Lin Xiao: "Mr. Liao, you are dressed so handsomely tonight, are you getting married?"
"Boss Lin, you're kidding me." Liao Feng said, "But, they are indeed exactly the same."
Then, Liao Feng gently patted Lin Xiao's shoulder and said affectionately: "Boss Lin, I'm really glad you can come."
Then, he looked at Li Shuang and praised her, "Boss Li, you are truly stunning tonight."
Li Shuang: "Thank you Mr. Liao for the compliment, but compared to Miss Wu Lingxi, it still pales in comparison."
Liao Feng: "Thank you, thank you."
Then, he pulled Lin Xiao and walked towards Son Masayoshi and Yang Zhiyuan.
"Although it's not necessary, as the host, I will still introduce them to you." Liao Feng said to Lin Xiao: "Mr. Masayoshi Son of SoftBank Group, Mr. Yang Zhiyuan of Yahoo Group."
This sentence seems to be a declaration of sovereignty.
From now on, SoftBank Group is our overseas strategic ally.
Lin Xiao, I'm very sorry to cut off your international escape route.
"Boss Lin, I've also watched the movie 'The Last Days'. It's really well made." Liao Feng said with a smile, "I hope Boss Lin can produce more excellent movies in the future to bring glory to the country."
The irony is even stronger.
Lin Xiao, I admit that you make good movies, and I admit that you make good games.
But so what?
No matter how good a product is, it cannot defeat the power of capital.
So, you should focus on your promising career of making movies.
Lin Xiao: "Okay, okay."
Liao Feng: "Then Mr. Lin, please help yourself. I'm going to greet other guests."
Lin Xiao: "Mr. Liao, please do as you wish."
Then, the two men shook hands, with smiles on their faces.
Behind Liao Feng are the top executives of Renren Group, and behind Lin Xiao are the top executives of Lightning Group.
Countless reporters rushed to record this scene.
Even the title has been thought of.
"The winner is the king!"
The first super war in China's Internet lasted for a whole year, and now the results are finally emerging.
This handshake is the sign of victory or defeat.
Because Lin Xiao brought the top executives of Lightning Group to attend the META dinner.
at the same time!
Many people within the Lightning Group are working overtime.
Because, if the madness on Wu Lingxi's side had not happened.
Then, the Lightning Group itself will launch an all-round lethal attack.
A detailed report on traffic fraud on Renren.com.
There was also a fatal blow to the game "Perfect World".
And Liao Feng was involved in financial fraud, etc.
Because the investment agreement between SoftBank Group, Yahoo Group and Renren Group has not been signed, it can still be overturned.
However, the cost of this plan B is still a bit high.
The most crucial thing is that the fraud case of Yili Shen is not deep enough yet, and it is not thorough enough to put Liao Feng to death.
The best possible outcome is still Wu Lingxi's backstab.
That is the real use of little effort to achieve great results.
…………………………………………
Seven o'clock in the evening!
After several days of preparation, the much-anticipated META dinner officially began.
Liao Feng, Wu Lingxi, Son Masayoshi, and Yang Zhiyuan sat at the most magnificent main table.
Wu Lingxi was wearing the white dress and sapphire necklace, both of which were picked for her by Liao Feng.
Moreover, she smiled, which was rare, and the smile always stayed with her.
It’s really beautiful!
It’s really the ceiling of appearance.
Liao Feng came to the stage holding a glass of champagne and gently tapped the bottle in his hand.
Suddenly, everyone's eyes fell on his face. Tonight was truly his moment of glory.
“Dear Mr. Masayoshi Son.”
"Dear Mr. Yang Zhiyuan."
“Dear guests, good evening, welcome to the META dinner!”
"As we all know, 2004 was an extraordinary year."
"This year, the biggest war on the Chinese Internet was born."
"This war is unprecedented in terms of intensity and length."
“This is also a battle that will almost certainly go down in the history of the Internet.”
"But now, it's over."
“Peace is so precious.”
"Because Mr. Lin from Lightning Group is among the VIP guests tonight, and he is sitting down below."
Many shots immediately shifted to Lin Xiao's face.
"This dinner is not to celebrate victory, because I think there are no losers in this battle."
"After all, General Manager Lin of Lightning Group has achieved great success on the cultural front."
Although he kept saying that there were no losers, the face of the winner was obvious.
Mentioning this battle at the dinner party is to thoroughly emphasize our victory, a victory ceremony that was hard to hold.
"Over the past year, under the leadership of Ms. Wu Lingxi, Renren Group has achieved unprecedented success!"
"Our Renren.com has reached the pinnacle of Chinese website traffic."
“We have completely solidified our position as the world’s number one social network.”
"Not only that, within this year, we successfully incubated Renren Video and Renren Games."
“There’s no need to say more about Renren Video, the number of IPs per day has exceeded 10 million!”
“We have the world’s largest copyright library, which is more than five or six times that of competing websites.”
"And our Renren Games have achieved even greater success."
"Perfect World, our 100% self-developed game, had a peak online user base of over 360,000, setting a new record for domestically produced games. This is not only a victory for Renren Video, but also a victory for the entire Chinese gaming industry."
"We also have the exclusive rights to operate World of Warcraft in China. Mr. Allen, World of Warcraft will do very well in China under our operation."
Blizzard Vice President Allen also attended the META dinner, sitting at the table next to Masayoshi Son.
"It was precisely because of the fruitful results in 2004 that we attracted the respected Mr. Masayoshi Son and Mr. Chi-Yuan Yang."
“That’s why we have this dinner. Renren Group will reach a strategic cooperation agreement with SoftBank Group and Yahoo Group.”
"Here, I would like to thank our helmsman, Ms. Wu Lingxi, once again."
"You are the one who has led us to where we are today."
Liao Feng continued to tap the champagne, leading the audience to applaud.
All the cameras present were focused on Wu Lingxi's face.
The audience burst into warm applause.
"2004 was an extraordinary year, and in 2005, we will create brilliance."
“Renren Group has the responsibility and mission to lead the Chinese Internet to the world.”
"So, I officially announce that the META Group is officially established!"
“The establishment of this group is a sign of our international expansion.”
"Renren, Renren Video, Renren Games, and future overseas subsidiaries will all be under the META Group."
"In 2005, we will spend at least $200 million on overseas expansion."
"And the first global president of our MTEA Group is, of course, Ms. Wu Lingxi, who has made great contributions."
"Ms. Wu, from now on, I, the chairman of Renren, will be one of your soldiers." Liao Feng smiled and said, "President Wu, please take care of me and give me more guidance in the future."
Everyone's eyes were once again focused on Wu Lingxi's face.
Countless people looked at him with envy.
This woman, who has reached such a high position at such a young age, is more than just a favored one.
Therefore, Liao Feng's deception was really strong. This move of raising the price in the open but lowering the price in secret was played extremely beautifully.
Then, Liao Feng said slowly: "Next, welcome Ms. Wu Lingxi, the global president of META Group!"
Then, the audience burst into warm applause again.
Even the lights in the venue were dimmed.
A beam of light shone on her body.
Wu Lingxi stood up and picked up the microphone: "Dear guests, please wait a moment, I will be there soon."
Then, she left the banquet hall directly and went to the backstage lounge.
After arriving at the lounge, she took off her white dress live in front of a large mirror, even stripping it off completely.
Then she took out her Nokia N90, faced the mirror, and took another nude photo.
Once again sent to a familiar mobile phone number.
Lin Xiao's phone vibrated. This phone originally belonged to Xia Xi, but now it belongs to him. It was like a ripe melon falling off the vine, and then it was handed over to you to pick.
He couldn't help but take it out and open the MMS.
Fuck...
Damn, this crazy woman, I will never dare to anger her again.
Xia Xi glanced over and then glared at him fiercely.
……………………
Soon, Wu Lingxi changed into a black dress and put on a red jewel necklace.
Then, he appeared on the stage again.
The beam of light shone on her once again.
For some reason, she looked even more gorgeous in the black dress.
Moreover, her lipstick was very light before, but now it is a real flaming red.
It is really gorgeous and alluring.
She came to the center of the stage and stood next to Liao Feng.
but……
The entire stage was still dark, and the beam of light still shone on her alone.
But Liao Feng's voice rang in everyone's ears.
His voice at this moment was full of magnetism, and extremely gentle and affectionate.
"Tonight is so special."
"To the point that I want to do private things first and then public things!"
"I have a distinguished guest, playing the harp and the flute!"
"Xixi, Miss Wu Lingxi!"
"I bought this engagement ring a year ago, but I never took it out."
"Because you are so dazzling that I don't have the courage to take it out."
"But tonight, there are countless guests who give me courage."
"Career is career, love is love."
"Today I want to steal a little time to fulfill my love."
"Ms. Wu Lingxi, will you marry me?"
"Let me protect you for the rest of your life, okay? Let's stick together through thick and thin, okay?"
Then, another beam of light came down and shone on Liao Feng.
He knelt on one knee, held up the ring, and proposed to Wu Lingxi.
“Click, click…”
Countless cameras and video cameras recorded this scene.
Luxurious and romantic.
All the distinguished guests held their breath, ready to applaud at any time.
As soon as Wu Lingxi said "I agree", the whole audience cheered and applauded. Although many people were really envious and jealous, why do you, Liao Feng, have both a career and such a top beauty?
This was of course another kidnapping.
In Liao Feng's opinion, Wu Lingxi would definitely agree to such an important occasion because she could not afford the cost of rejection.
"Promise him!"
"Promise him!"
Below, the shareholders and senior executives of Renren Group shouted loudly.
Then, the whole audience followed suit and shouted: "Promise him, promise him!"
"Give me the microphone." Wu Lingxi said with a smile.
Immediately, someone handed her the microphone.
The whole audience was silent again, waiting for Wu Lingxi's response, although the response was still formulaic.
It lasted for a long while, a pause of more than ten seconds.
"It is said that a marriage without love is immoral." Wu Lingxi said slowly: "So, I can't agree to your proposal, Mr. Liao Feng!"
As soon as these words came out, the whole audience was stunned.
What does this mean? Wasn't this proposal planned? "Mr. Liao Feng, both of our families have worked very hard to promote this love."
"But I'm really sorry. I've tried hard and have been trying for several years, but I still can't do it."
"I don't love you, so I can't accept your proposal!"
Not only did he reject me, but he also said "I don't love you" in front of everyone. It was so cruel.
Fuck!
Now everyone in the audience was completely stunned.
I couldn't believe my ears.
But the reporters present were almost going crazy with joy.
Exciting, exciting, too exciting! Who could have thought that tonight's feast would yield such a big harvest? And Liao Feng seemed to be struck by lightning.
In an instant, I was almost completely unable to move.
Then he immediately stood up and went to hug Wu Lingxi.
"Xixi, it's okay, it's okay..."
Wu Lingxi took a step back and stared at him coldly: "You, don't touch me!"
"In addition, I don't agree with Mr. Liao Feng's theory of victory!"
“This is indeed the first major battle for the Chinese Internet, but just now you kept saying that under my leadership, we won a huge victory and achieved brilliant achievements?”
"No, no, no!"
"I think we didn't win, we lost!"
"Yes, I did create Renren from scratch."
"I did make Renren reach the peak of traffic and user registration numbers."
"But it was also the biggest mistake of my life."
"I deeply regret that all this happened. If I were given another chance, I would definitely start from scratch, from zero to one, from one to two, from two to three, and from three to everything!"
Everyone was shocked again when they heard this.
You, what do you mean by that? Are you being modest? It's like what Ma Yun said later, "The thing I regret most is founding Alibaba" or something like that? Although this famous quote hasn't happened yet, everyone is still thinking in that direction.
I still can't believe it completely. Wu Lingxi, the most critical person, would carry out the most crazy backstabbing at this most critical moment.
No one would be so crazy, this is completely self-destructive. How many shares do you, Wu Lingxi, have in Renren Group? How much effort have you invested? Are you willing to destroy it like this? Wu Lingxi's voice continued.
"Renren is a complete failure. No matter how brilliant, successful, and popular it may seem, it is still a failure!"
"It's like a castle in the air!" "It's so hasty and so weird."
“It’s just like Renren Games and Perfect World, which are half-finished products hastily made by capital.”
“I would like to advise all entrepreneurs not to be too obsessed with the game of capital, but to do their best to complete their work.”
At this time, female public relations people in suits had appeared and came onto the stage from all directions.
Then...
The stage lights dimmed.
The four female public relations officers stepped forward and tried to drag Wu Lingxi away by force.
However, the light that had just been turned off lit up again.
The scene of four female public relations officers surrounding Wu Lingxi was completely exposed in front of everyone and was frozen in place.
Wu Lingxi said slowly: "This is no longer my home court, and this is not my game."
"You don't need to take me away."
"I can go on my own."
"I will not take on the position of global president of META Group."
"In addition, I will completely resign from all positions at Renren Group."
"Finally, I would like to advise Mr. Yang Zhiyuan to be cautious, cautious, and cautious again!"
……………………
Note: Benefactor, do you have any monthly tickets in your pocket? I beg you very much, thank you very much! (End of this chapter)
Continue read on readnovelmtl.com
