My Age of Investment

a week later.

The lawsuit between Dianping.com and Duoduo.com has started under the eyes of everyone.

Shen and Zhang have been running relationships and trusting people everywhere, the purpose is to delay the trial time and let the incident cool down.

After all, there are not so many people staring at it. If the lawsuit is really lost, it will be lost. Although it is also a slap in the face, it will not completely ruin the reputation.

As for the failure of this court, the two of them don't have that much energy, especially when more and more people are watching this case.

Xia Jingxing naturally saw through their trick, that's why he found a high-ranking official in Shanghai to expedite the trial of the case.

In addition, Xia Jingxing didn't waste the week's free time before the trial. He activated the krypton gold system, and the reporters waved their pens one after another, dedicating sensational "headline party news" one after another.

Under the hype of the media, the case of "the two major comment disputes" has attracted a lot of attention, and has almost become a "textbook case" in the "modern business case in the new century", which is of great educational significance and popularized by the public Business law, avoiding pitfalls in entrepreneurship.

In addition to the great increase in the reputation of the two Dianping, Vision Capital and Sequoia Capital have also broken the circle. Many people remember the names of these two companies and know that they can find financing from these two companies to start a business.

Especially those who plan to start a business, and those who are starting a business, pay close attention to this case. They plan to bring their own entrepreneurial projects to knock on the door as soon as the case is over.

Of course, which capital to knock on the door depends on the outcome of the trial.

The scene of the trial.

A solemn, solemn!

The first national emblem hangs high, and the judge sits upright, serious and unsmiling.

On the left and right tables below, the plaintiff Zhang Tao and his defense lawyer, and the defendant Kong Wei and his defense lawyer sat respectively.

This was the first time Xia Jingxing saw Kong Wei, he was not tall, he was wearing a pair of gold-rimmed glasses, he was white and gentle, he had thick eyebrows and big eyes, he didn't look like that kind of bad guy.

This former vice president of UT Starcom is a senior talent invited by Zhang Tao to join after three visits to the thatched cottage.

Now, because of the interests, and because of the chess players behind the game, the two sides are arguing in court.

Noticing the gaze from the audience, Kong Wei glanced at Xia Jingxing who was sitting in the front row, his gaze was cold and filled with hatred.

He looked away and looked at Zhang Fan on the other side of the front row, who was nodding slightly to him with encouragement in his eyes.

Sitting with Zhang Fan were several other founders of Dianping. They all pumped their fists to cheer Kong Wei on the stage.

Xia Jingxing? Rush against Su Ou? Lie Jia?

Zhang Fan turned his head and looked at Xia Jingxing coldly, then withdrew his gaze, and looked straight ahead without squinting.

He is also holding on now, the situation has become more and more passive, but it is impossible for him to surrender.

Because the result of surrender is the same, and the face is disgraced.

There are also many media reporters present today, all of whom are sitting in the auditorium.

Since it was a public trial, they were all authorized by the court, and they set up long guns and short cannons one after another, as if they were recording some important meeting or celebration.

After the court session, lawyers from both sides began to argue with each other, defending their respective parties.

Xia Jingxing felt a little drowsy after listening to all kinds of legal clauses and professional jargon.

If he hadn't crucified Sequoia completely in order to improve the topic, he would not have planned to appear in court in person.

But since it is already an enemy, it is natural not to leave any breathing room for the enemy.

It is advisable to use the remaining courage to chase the poor, not to be famous and learn to be the overlord!

The blood and tears of his predecessors told him that he is not a dead opponent, nor a good opponent.

After dozing off for a while, the trial of the case gradually reached its climax.

Dianping submitted a variety of evidence, including the non-compete agreement signed by Kong Wei and others, bank transfer records of 500,000 US dollars...

Kong Wei and Duoduo Dianping naturally denied it, claiming that they were coerced, but they couldn't produce any evidence of coercion.

The court is going to talk about the evidence!

The balance of victory is gradually tilting towards Dianping.

Then, the lawyer representing the plaintiff began to show various reputation and economic losses assessed by Dianping.

He also proposed to return the non-competition compensation, claim the same amount of liquidated damages, and compensate for various other economic and reputation losses, totaling 8 million yuan!

Like Dianping, Duoduo’s defense lawyer is also a well-known lawyer hired by Sequoia.

But it’s hard for a clever woman to cook without rice, and Duoduo’s party cannot provide evidence of coercion. Naturally, it is difficult to overturn the non-compete agreement. Although this big claim is defended hard, it can only be defeated a little bit.

With the sound of the wooden hammer, the judge began to pronounce the verdict: the plaintiff, Dianping, won, and the defendant Duoduo Dianping was ordered to refund compensation, compensate Dianping for liquidated damages and various economic losses, totaling 8 million yuan.

The eight million yuan is the data obtained by the court after evaluating the specific economic losses of Dianping and the non-competition compensation that Kong Wei and others received from Dianping, which is very well-founded.

Dianping is very thieves. The 500,000 US dollars paid, which is called equity repurchase, is actually mostly non-compete compensation.

So that the whole thing is procedurally speaking, there is no problem at all.

Because according to the formal procedures, the two-year non-competition period is agreed, and within these two years, the original company has to pay 24 months of salary, that is, the non-competition compensation, and the minimum monthly compensation is not lower than the monthly average during the working period. 30% of the salary, the highest is no upper limit!

Otherwise, it wouldn't be fair. How can people support themselves if they don't work for two years.

Fu Jixun is a veteran in investing, and he will not make low-level mistakes in this.

The non-compete compensation is set very high. Similarly, the penalty for breach of contract is not low, which is the same amount as the non-compete compensation.

Because in principle, liquidated damages cannot exceed 1020 times the monthly salary!

But Fu Jixun gave Sao another hand, and directly paid 3.8 million yuan in non-competition compensation to the other four founders, which is equivalent to nearly 40,000 yuan per person per month.

This is higher than the wages of the four people when they worked in Dianping. Similarly, when claiming compensation, they claimed 3.8 million yuan in compensation, which seemed very reasonable!

The court finally adopted and supported this claim!

If the liquidated damages are too exaggerated, such as tens of millions or hundreds of millions, even if the lawsuit is won, the court will not support it.

Refund 3.8 million yuan of non-competition compensation, compensate the same amount of liquidated damages, that is, 3.8 million yuan, plus other types of economic losses, a total of 8 million yuan.

Fu Jixun had already done the calculations, and Sequoia's angel investment of US$1 million was just enough to fill in the hole, it was perfect!

In this matter, the only thing that can be criticized is the share repurchase price.

It was repurchased according to the pre-financing valuation of Dianping. It was valued at 1 million yuan, and 20% of the shares were repurchased at a cost of only 200,000 yuan.

This is also a knife that kills people without blood. In the hands of the boss, it depends on whether the boss is black or not.

Employee resignation triggers equity and option repurchase agreements, and unscrupulous bosses can initiate "ambush agreements" to repurchase according to the valuation of the last round of financing, or at a fixed price per share, but the number of shares can be There is too much room for manipulation.

But even if it is 200,000 yuan to repurchase shares, there is an agreement to support it, and the whole matter can't be wrong in terms of procedures.

When Kong Wei and the others signed the agreement, they didn't think too much about it at all. They thought that there would be a total of 500,000 U.S. dollars, and that it would be paid in one lump sum.

Later, Zhang Fan encouraged several people to plagiarize and start a business again, but they did not expect that there was a "secret hand" waiting for them here.

Now that the verdict was pronounced, Kong Wei and the co-founders in the auditorium realized that a big hole had been set for themselves and others.

Zhang Fan's face was livid, because he originally thought that the $500,000 was a share repurchase fund.

It wasn't until the two parties were about to go to court that he gradually realized that the non-compete compensation and liquidated damages were so high.

Add up a total of 8 million yuan in compensation, which almost paid out the entire company of Duoduo Dianping.

After the trial ended, reporters and audience left the venue one after another.

Zhang Fan sat in his original seat, and he stood up with several other co-founders of Duoduo Dianping when Kong Wei came down from the trial table.

On the other side, Xia Jingxing and Fu Jixun also stood up, greeted the victorious Zhang Tao with a smile, and thanked the defense lawyer.

Seeing the beaming smile on the other side, and the mourning concubine on his side, Zhang Fan felt furious, glared at Xia Jingxing, and said coldly, "Don't get too complacent, we will appeal. Even if we win the battle, so what?" , is 8 million a lot?"

After speaking harshly, Zhang Fan felt much better immediately, and led a group of people away arrogantly, as if they were the winning party.

Xia Jingxing and Fu Jixun looked at each other, and they both shook their heads and laughed. Do they care about the mere 8 million compensation?

Obviously not!

The scenery on the bridge is unique

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