Global monopoly of technology

Chapter 15 [The Obscure Agreement Trap (Three more recommended collections)]

However, it can also be seen that Xu Chenghua had previously thought that Luo Sheng was a college student, and he was a fledgling young man, so he was bullied and foolish, so he offered RMB 3 million.

Capital is profit-seeking by nature.

Xu Chenghua now also knows that he wanted to acquire Bluestar Technology with a total investment of 3 million. He was probably mocked by Luo Sheng for a while. The ghost knows that you, a college student, are so sophisticated.

But Xu Chenghua didn't feel embarrassed either. This is a very real problem. How much strength he shows can win the multiple weights of others.

Obviously, Luo Sheng's weight in the opponent's mind is much heavier than before.

After thinking about it for a while, Xu Chenghua said: "On behalf of Teng Xun, I valued Bluestar Technology after financing by 12 million, so I invested 3 million in the angel round of investment to obtain 25% of the company's shares and a veto."

Hearing this, Xu Yong and others have no objection to the head of Luo Shengdang Company, which is also 3 million. The previous wholly-owned acquisition, now only requires 25% of the shares, and the gap is not generally large.

It seems that the conditions are quite satisfactory. Xu Chenghua strives for the best interests for himself as much as possible. The general upper limit of angel investment in the Internet industry is 25% and the lower limit is about 8%.

Investors below 8% will definitely not agree, and they are too bad, while more than 25% is very unfavorable for the company's founding team, and too bad.

Therefore, the general equity ratio of angel investment transfers fluctuates in the range of 8% to 25%.

Xu Chenghua now knows very well that if the ratio exceeds 25%, with Luo Sheng's previously demonstrated ability, he would definitely refuse Tengxun's investment rather than ask for the money, or adjust the amount ratio.

The acquisition failed, and he hopes to win the angel round of financing at one time. Xu Chenghua knows that there must be many other VC investors who are interested in the blue space. Maybe they are already on their way.

Luo Sheng shook his head and said: "Mr. Xu, I very much agree with your current valuation of Bluestar Technology. I agree with this number, but the financing of 300 is too much for our company at this stage, and we cannot use that much for the time being. funds."

This answer was unexpected by Xu Chenghua, but it was reasonable after thinking about it, and he immediately smiled: "Since Mr. Luo is not satisfied with this plan, is there any other plan?"

The question is like that, but Xu Chenghua is 100% sure that the other party has a plan.

Luo Sheng said: "The calculation is still based on Mr. Xu’s valuation of 12 million after financing, but we only sell 8% of the equity, that is, 960,000 financing, and your company can only invest in Bluestar Technology as a financial investor. One last point, I will not share the company’s veto power."

"This..." Xu Chenghua hesitated for a while and couldn't answer.

And Luo Sheng's team members secretly smacked their tongues, and they can only express their personal feelings in their hearts. They are self-aware of their own abilities, and can't talk at all at all. Keeping silent is the greatest help to Luo Sheng.

Xu Chenghua looked helpless and said with a wry smile: "Brother Luo, your desire to control is a bit too strong. All the conditions are only beneficial to you, but for us, there is no guarantee at all. This is too unfair. No, I can’t accept it. I don’t have a veto. If I give you the money, and you young people spend it indiscriminately, wouldn’t my loss be heavy?”

The so-called financial investors do not aim to control holdings, but pay more attention to the returns generated by the invested companies.

After Xu Chenghua set it up, he added: "What do you think of Luo brother? I still invest 3 million in Bluestar Technology, but only occupy 8% of the equity. I hope to retain a veto. This is already The biggest concession is. If I continue to be a cliff, there is no way out. I am in fact responsible for investing in a lot of start-up companies. Angel investment has never been less than 20% of the equity and gave up a veto. "

In the end, Xu Chenghua secretly immediately got a new understanding of Luo Sheng, that is, this young man has a strong desire to control.

At this moment, Luo Sheng’s team members almost wanted to say to him: Hurry up and agree. The price of 3 million yuan has been reduced from the initial wholly-owned acquisition to 25%, and then to the current 8%. Boss, why are you still not satisfied? What?

The heart is too big!

At this time, Luo Sheng smiled calmly: "Mr. Xu, I am more curious why you are so obsessed with having a veto right?"

Xu Chenghua didn’t answer immediately. He recalled what he had said before and confirmed that there was nothing wrong with it. He smiled and said, “Actually, 960,000 or 3 million is good. For Teng Xun, it’s not a big difference, it’s just a small amount of money. So, but we treat capital as a resource. We don’t want to waste any resources. We hope that it can be used where it should be used."

"The one-vote veto is not a concerted action agreement. We do not interfere in the company's operations. We just hope that when your team may be extravagant, you can say a few words as investors. After all, you are all young People, although I am optimistic about you, one yard goes to one yard, right?"

It can be said that Xu Chenghua's remarks are well-founded, reasonable, and very sincere. Even several of Luo Sheng's team members could not help but nod silently in agreement with him, and their favorability for him continued to rise.

Luo Sheng's reaction to Xu Yong and the others was also in his eyes, and he couldn't help but sigh in his heart: It's a group of innocent young people, if you really give Xiao Ma a veto, the B community will surely usher in the disaster. , This is a demon trap disguised behind the face of an angel.

The team members did not see the mystery. Luo Sheng did not blame them, nor did he think that they were not good enough, so that young people without any experience can see them as thoroughly as people of two lives like themselves. , It's really hard for them, and too harsh.

At this point, Luo Sheng felt it was time for the showdown to expose his true face in person, and saw him slowly: "Mr. Xu, is this really the case? But I don't think so, maybe you still underestimated my judgment. force."

Xu Chenghua's heart jumped slightly, secretly shocked, but still pretending to be puzzled: "I don't understand what you mean."

Xu Yong and his team of six are at a loss. Is there any hidden secret in it?

And Luo Sheng smiled, and said: "If I guess right, your company estimates that another group of people are working overtime to build a new website that mimics the blue space model. Then we will deduct it on the spot. There are several situations that may happen, Mr. Xu, you might as well judge whether I am right or wrong. You can judge in your heart, and you don't need to say it."

At this moment, Xu Chenghua's heart is so wonderful, his expression is indifferent, not because his expression management is in place, but directly confused.

And Luo Sheng gestured and continued: "If I agree to sell the company, the development teams that imitate the blue space may merge with each other, and I will gradually lose the dominant and operating rights. This is the first type; the second type, if I do not agree to sell the company. Your company will go back and invest in my company as an investor, and must find ways to obtain the company's veto power. The moment the company gets the veto power, the company is finished. ."

Luo Sheng changed his posture with Erlang's legs folded, and said, "What do you say? Although one vote of veto power cannot vote for the company to do something, one vote of veto power can veto the company to do something. Then Here comes the problem. If we switch positions, I take the helm of Teng Xun. With this veto, I can easily and indirectly kill the blue space website and put my own website on top."

"How to do it? It is also very simple. For example, Blue Space decided to use a sum of funds to launch a new content, find a reason to reject it; decide to use a sum of funds to open up the market, find a reason to reject it... In the case of a veto, the blue space has stagnated or even regressed during the golden period of development. However, my imitating website is expanding wildly, and its market share is getting larger and larger. When it is so large that the blue space is completely unable to Contend, when the Matthew effect takes shape, I can throw him in the trash can."

Having said this, Luo Sheng couldn't help but close his eyes with a hearty expression. After a while, he opened his eyes and looked at Xu Chenghua with a dull face, saying: "With a small 3 million yuan The price is easy to get rid of the blue space and replace it. It's too tempting... Mr. Xu, what do you think?"

In this living room, except for the smiling face, it was Luo Sheng, but everyone else seemed to be petrified, and as he finished speaking, the needle fell in the audience.

...