Rebirth of the Entrepreneurship Era
Chapter 107 Love and love a family
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Xu Yiyang negotiated cooperation with Fang Junhui, exchanged contact information, and agreed to meet at the Hilton Hotel at eight o'clock tomorrow morning. Afterwards, he left the law firm and took a taxi to Hilton.
At this stage, luxury hotels like Hilton are still among the top luxury hotels in Guangzhou, so the occupancy situation of the hotel does not seem to be tight, and there are not many people.
What Xu Yiyang booked was a super-large luxury suite with an area of more than 100 square meters.
In his opinion, the price of 888 a night is already very cheap, but at the moment, it is worth one or two months' wages of ordinary workers in the mainland.
After checking in, he went to the room and took a look around. The living room outside was quite large, and there was a six-seater sofa, coffee table, and writing desk, which would definitely be enough for business talks tomorrow.
After resting in the bedroom inside, Xu Yiyang received a call from President Ma.
After answering the phone, a voice with a southern accent came and asked politely, "Excuse me, is this Mr. Xu?"
Xu Yiyang hummed, and said with a smile, "Hello, Mr. Ma."
Ma Huateng hurriedly asked, "Has Mr. Xu arrived in Guangzhou?"
Xu Yiyang smiled and said, "Mr. Ma, I've arrived. I'm staying at the Hilton Hotel. Room number is 1808. You and your lawyer can come here tomorrow morning. My lawyer and I are waiting for you here."
Ma Huateng smiled and said, "Okay Mr. Xu, then I won't delay your rest. See you tomorrow morning."
"okay, see you tomorrow."
...
At half past seven the next day, Fang Junhui had already arrived at the Hilton.
At 8:30, Ma Huateng also took a team member and two lawyers from Shenzhen to the Hilton Hotel in Guangzhou.
A group of people took the elevator to the door of room 1808 where Xu Yiyang was.
Ma Huateng took a deep breath, adjusted his mentality, and then pressed the doorbell of the room.
After a while, the door was opened from the inside.
When Ma Huateng saw Xu Yiyang, his first thought was, did I find the wrong room?
He subconsciously looked at the house number,
That's right, 1808, but why is it a young man who opened the door? Judging by his age, the oldest is no more than 20 years old, right?
Ma Huateng was a little confused, while taking out his mobile phone, he said to Xu Yiyang, "I'm sorry, I may have found the wrong one..."
Xu Yiyang recognized him, smiled slightly, and said, "You must be Mr. Ma, right?"
Ma Huateng has always been the most low-key one among the bigwigs in Huaxia Internet. He rarely shows his face in public, let alone hang out with entertainment stars, but even so, there should be no people in the whole country who don't know him.
At this time, Ma Huateng was wearing glasses, looking gentle and ordinary, like an ordinary white-collar worker.
But who would have thought that such an ordinary young man would turn out to be one of the top richest people in China in the future.
Hearing Xu Yiyang asking if he was Mr. Ma, Ma Huateng subconsciously responded, "I am..."
Immediately, he looked at Xu Yiyang in shock, "Are you Mr. Xu?"
Ma Huateng talked with Xu Yiyang on the phone, and was somewhat familiar with his voice. Although he had already recognized Xu Yiyang's voice, he still couldn't believe that the young man in front of him was Mr. Xu who wanted to invest 4.8 million in himself. .
He originally thought that his nobleman "Mr. Xu" must be at least a middle-aged man in his thirties with a successful career.
But unexpectedly, it turned out to be an immature young man.
Not only Ma Huateng was amazed, but even the three men who came with him were stunned.
"Come on, let's talk in the room."
Knowing that the other party met for the first time, Xu Yiyang must be surprised at his age.
However, he was very indifferent. Anyway, as a shareholder of Fujixun, he must have an ID card, and his age cannot be changed here, so he smiled and said to several people, "Come, please."
Ma Huateng stabilized his mind, doubting if this was a prank, but finally walked into the room with the mentality of what comes and goes.
Xu Yiyang invited them to sit on the sofa, and then called the hotel's catering department to deliver a few cups of coffee, fruit plates, and refreshments.
Afterwards, he pointed to Fang Junhui beside him, and said to Ma Huateng, "Mr. Ma, let me introduce you. This is lawyer Fang, who I invited to review the contract."
Ma Huateng hurriedly shook hands with Fang Junhui, then pointed to the man beside him, and said, "This is my partner, Zhang Zhidong."
Xu Yiyang had heard of Zhang Zhidong, he was quite famous in his previous life.
After shaking hands with Zhang Zhidong, Ma Huateng introduced two other people around him, both of whom were lawyers from a law firm in Shenzhen.
Ma Huateng couldn't help but asked Xu Yiyang, "Mr. Xu, I think you seem very young. I wonder if it's convenient for you to reveal your age?"
Xu Yiyang smiled slightly and said, "I am 18 years old this year."
Not only Ma Huateng, but the five people in the room all looked shocked.
18 years old?
18 years old with a few million to invest? This is too mysterious, right?
Seeing the astonishment of the five people, Xu Yiyang said with a faint smile, "I took an English training class in my hometown and made some money, so I'm going to invest in it, which can be regarded as planning a long-term financial management plan for myself."
"It happened that I used oicq for two months, and felt that the software was very interesting and promising, so I had the idea of investing."
Hearing what Xu Yiyang said so calmly, the five people present, including Xu Yiyang's own lawyer Fang Junhui, were all surprised from ear to ear.
At first I thought Xu Yiyang was a rich second generation, but unexpectedly, he was a self-made genius.
Ma Huateng thought to himself, at the age of 18, he took four to five million yuan to invest, and at the age of 28, he started a business project, but he has not yet found a profit model. dead.
Sighing silently in his heart, Ma Huateng couldn't help admiring, "Mr. Xu is really a hero out of a boy..."
Xu Yiyang smiled slightly and said, "Mr. Ma, let's not worry about my age anymore, let's talk about the details of the investment agreement."
"Okay." Ma Huateng nodded quickly, took out a draft document, handed it to Xu Yiyang, and said, "Mr. Xu, I need to confirm a few issues with you."
Xu Yiyang nodded and said, "Okay, Mr. Ma, please tell me."
Ma Huateng said, "The first one is that for this investment, you invested 4.8 million yuan in Fujixun at a post-investment valuation of 12 million yuan, and you will hold Fujixun 40 shares after the investment."
"That's right."
Ma Huateng said, "As the transferor, I will transfer 40 shares of Fujixun to you. As the transferee, you must first complete the capital injection into Fujixun within three days after signing the contract, and then we will receive the payment. It may take 5-10 working days to immediately change you into a shareholder of the company in the industry and commerce, do you see any problems with this process?"
Xu Yiyang nodded and said, "No problem, I will pay today after the contract is signed."
Ma Huateng said with some embarrassment, "The second problem is the use of funds. In theory, we are going to invest all 4.8 million in Fujixun's next operations, but my core and I The team, in order to maintain the operation of oicq, owed some debts, so I hope to communicate with you and allow us to cash out 300,000 from the 4.8 million. Of course, it’s okay if you don’t agree..."
After finishing speaking, he looked at Xu Yiyang nervously, afraid that he would refuse.
After all, the investment is invested in the company, and the money is reserved for the operation of the company.
At least in the initial stage of entrepreneurship, the founding team is not yet qualified to cash out.
However, at this stage, Fujixun's core team is already heavily in debt.
In addition to the company, their personal economic pressure is not small.
Although financing has solved the company's operational problems, their personal economic pressures still cannot be relieved.
Ma Huateng also knows that it is impossible for most investors to allow the team to cash out in the first round of investment, but he still hopes to try.
Otherwise, in the future, I don't know how long it will take for myself and my core team to recover.
What he didn't expect was that Xu Yiyang nodded without hesitation at all, and said, "No problem!"
Ma Huateng was overjoyed, and said gratefully, "Thank you so much Mr. Xu!"
Xu Yiyang nodded and smiled, "Let's talk about it later."
"Okay!" Ma Huateng continued, "The third question is that after you invest, we hope that you can transfer half of the voting rights corresponding to the shares to me. Otherwise, if new shareholders are introduced in the future, I am worried that the company will There will be big differences at the decision-making level, and I still hope to ensure that I have absolute voting rights as much as possible.”
"No problem!" Xu Yiyang said without hesitation, "Although I'm investing in projects, I'm actually investing in people. I believe in your ability, Mr. Ma, and I also believe that under your leadership, Fujixun will definitely have great development. .”
Although Xu Yiyang knew the development track of the Internet industry, he didn't know much about the specific operations of Internet companies.
So he invested in Fujixun, just wanting to take a ride to make money, and he didn't want to interfere with Fujixun's normal operations.
He is still a very self-conscious person. If he takes a ride to earn money, he will take a ride to earn money honestly. Unless he has to, try not to dictate to the driver.
In his previous life, under the leadership of Ma Huateng, Teng Xun had made brilliant achievements, so why would he bother to interfere with him?
When Ma Huateng heard that Xu Yiyang was so forthright, he gave himself all the voting rights. He was not only relieved, but also a little bit more grateful.
Ma Huateng said devoutly, "Thank you very much for Mr. Xu's trust!"
Afterwards, he asked the fourth question, saying, "Mr. Xu, there is one last question. For the 4.8 million you invested, we don't want any performance-based betting and repurchase requirements, because after all, the Internet industry It has just sprouted, and there are many unknowns..."
When investing, many investors will require performance-based betting.
For example, this year, Tengxun has 1 million users, and the investor decided to invest 4.8 million yuan, occupying 40% of the shares first, and then the two parties conducted a round of performance betting.
If Fujixun can do it, then the bet is successful, and the investor is willing to reduce the stake to 20;
If Fujixun can't do it, the bet will fail, and an additional 20 shares will be given to the investor, so that the investor will occupy 60.
Many entrepreneurial teams suddenly lost control of the company because they lost the bet.
As for the repurchase, it is more demanding.
When an investor thinks that the company has no prospects or wants to exit, he has the right to require the team to repurchase the part of his investment to ensure that their interests will not be lost.
Moreover, the general repurchase is accompanied by an annual interest rate, which is no different from a bank loan.
When the national husband Wang Sicong was a panda, the investment he took had a clear repurchase clause. If the project failed, the investor could ask Wang Sicong to repurchase the shares. The repurchase price is the investment amount plus 12% of the annualized rate of return.
That is to say, the capital invested 100 million in Panda and held 10 shares. One year later, Panda went bankrupt. Wang Sicong had to fulfill the repurchase obligation and use 11.2 billion with interest to repurchase the 10 shares.
This may not be a big problem for him who has a strong family background, but for an entrepreneurial team, it is tantamount to drawing a salary from the bottom of the pot, or even a bolt from the blue.
Many entrepreneurs, because of blind self-confidence, signed a repurchase agreement with capital, and finally the company closed down and could not fulfill the repurchase obligation, so they had to go to jail.
In fact, this is the real face of a capitalist, with money in one hand and a knife in the other.
Xu Yiyang naturally knew what Mr. Ma was worried about, and he said very straightforwardly, "Don't worry, Mr. Ma, I invest in you and neither ask for a bet against you nor ask for a repurchase. Since I invest in you, I will naturally trust you 100%. It’s just a family that loves each other, and they should advance and retreat together, even if all the money is lost, it doesn’t matter!”
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