Great Power Army Reclamation

Chapter 1798 Yang Wei becomes chairman

Especially in the Internet industry, if you want to gain popularity, the most effective and only way is to provide it for free, and you have to provide them with the most convenient and considerate services, so that they will be willing to become your users.

Only after you have accumulated a large number of users can you make profits among this group. This profit-making is not about cutting leeks and charging others. Once you do that, your reputation will completely collapse, and then users will defect. After all, your competitors are always there. They're all staring at you.

Of course, when you become the absolute overlord of a certain industry, you can do this. At most, you will be scolded, but you will not be able to get a hair out of you. At that time, users can no longer live without it.

Just like your mobile phone number, young people who are inexperienced in the world can change it at will, but how can middle-aged people dare? Many contacts are not mentioned above. All kinds of registered things have this number. If you change it, changing these things will make you exhausted. This is an industry monopoly.

In fact, Xiao Ma was already able to cut some leeks properly at this time, but he has always refused because he promised from the beginning that this social software is free and will always be free. He is a man of his word, so he has to do it.

So after hearing Ye Feng's question, he was confused, a billion dollars! According to the exchange rate at this time, that is more than 8 billion yuan, and it can be burned for a long time. How could Brother Ma not be tempted?

But after hesitating for a while, he quickly calmed down. Although money is a good thing, if you lose your original intention just for money, then why do you need money? So he answered firmly:

"I can give you another 20% of the shares, but I can never give you decision-making and management rights, otherwise there will be no way to talk about this matter."

Ye Feng smiled and then gave a thumbs up: "Brother Ma is Brother Ma, deal! But I have one and only condition, which is the right to veto. Because we are the largest shareholders of the company, I have to be right. My shareholders are responsible and cannot spend so much money without even having the right to speak. Of course, we will not exercise this right easily."

"Okay, then it's settled!" Brother Ma slapped his thigh excitedly, people have to be reasonable, right?

The meeting of the board of directors was announced and the matter will be finalized today. Brother Xiao Ma has been waiting for the rice to be cooked.

Tencent's shareholder structure is relatively simple. Xiao Ma basically has the final say. The reason why the board of directors is convened is because everyone needs to get to know the new shareholders.

Because Ye Feng and the others bought shares in the name of the company, Ye Feng could actually participate on his own. However, he did not have time to stay in the country for a long time, so he could only let Yang Wei and the others stay here.

Brother Xiao Ma first announced the results of the discussion with Ye Feng. Everyone had no objection to the vote by a show of hands. Although another 20% of the shares were allocated, the shares in his personal name were reduced, but the value of the shares increased, and there was more money. ah!

Internet entrepreneurs are relatively young, and being young means that they are more receptive. So no one bothers about the shares. Along the way, I don’t know how many rounds of financing will go through. The shares will naturally become smaller. But when the company develops into a behemoth, even if it only invests 1% of the shares, the amount All are in billions.

We made introductions to people on both sides. When everyone found out that these young people actually spent money to acquire all two foreign-funded companies, they were naturally happy and accepted them happily. Especially when Brother Ma announced that Ye Feng would spend another eleven dollars to purchase 20% of the shares, everyone applauded together.

They have been selling shares in the past few years, and the shares in their hands have increased from 100% to 44% now. Although the shares have been decreasing, the company's market value has been rising like a rocket.

You know, they only invested hundreds of thousands in building this company. As the number of users increased, the company's size and market value continued to increase. Until Ye Feng's bid today, the company's market value has reached a terrifying height. Everyone's heart is trembling, that is joy!

At this time, Ye Feng stood up, stretched out his hand to stop everyone's applause, and then said softly:

"Although I was born and raised in the United States, I know that I am an out-and-out Chinese, a son of the military, and I am well aware of the exploitation and suppression of us by the West. I have always hoped to do something worthy of boasting for the motherland like my fathers did. So, in addition to this one billion, I decided to take out another four billion, which will not account for shares, but there is a condition."

Hearing the word "condition", Xiao Ma's heart tightened again. Although he now has a good impression of this young man, he does not have a basic understanding of his abilities, so he still resists his participation in company management.

But they haven’t said what the conditions are yet? He could only wait and wait for Ye Feng to finish speaking before expressing his position.

"My condition is that if the company still needs to continue financing by this time next year, then my four billion will have to be converted into 20% of the shares. If not, just return the money to me. "

"Okay!" Brother Ma was the first to slap the table and stand up. He didn't expect that after being nervous for a long time, he was directly given a score question. How could he ask for shares? This is lending money to the company in disguise! Four billion US dollars is enough to keep him burning for a long time.

Everyone started to applaud again, for these young people and for the company. With this money, the company can make another leap forward.

You must know that QQ users are calculated based on the number of people. Without going abroad, the domestic population base can be far behind companies like Europe and the United States.

And everyone understands that although it is currently burning money, this thing will be profitable sooner or later. Every software company understands this truth very well, otherwise who would be stupid?

After discussing the future development plan, the first shareholders' meeting attended by Ye Feng and the others finally concluded successfully. The meeting recommended Ye Feng as the chairman of the company, but Ye Feng declined. Instead, Yang Wei was asked to become chairman. And Xiao Ma is still the president and executive director, directly leading the company's business.

At the meeting, Ye Feng did not put forward any opinions or suggestions. Now that the company is developing well, he does not need to point fingers.

Brother Ma was obviously very satisfied with this. He kept sending them out of the gate and repeatedly asked them to come back often if nothing happened.

In fact, Ye Feng understood that it would definitely be around this time next year when he comes back. Because then you can determine whether you will increase your shares or get back your investment. In fact, he did not weigh the gains and losses of these two points, because they were not important. The development of the company was the most important.

Returning to the capital, Yang Wei took the initiative to propose a share distribution plan. Their generation is different from the previous generation. They like to be clear about what they do. Everyone's shares will not be divided equally without principle.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like