Salted Fish’s Self-help Strategy
Chapter 1: On tearing, you are all scum!
Life is one's own, live as you are. Even if it is a pool of stagnant water, it must make waves--Chu Yuanxi.
January 2018, the office of the president of Xiaokang Life.
said it was an office, but it was actually a huge multifunctional hall, but Chu Yuanxi was the only person in the empty hall at this time. Everyone was kicked out, and the smart speaker closed his mouth wittily. Chu Yuanxi slumped on the sofa like Ge You, her bones languishing, thinking about her life: What is she trying so hard to do?
He just interrupted a fierce tearing force.
Because the A-share market does not accept the different rights of the same shares of listed companies, it is necessary to solve the historical problem left by the well-off society in order to IPO in the country-a two-layer equity structure, different voting rights of the same shares.
The share reform has always been a secret topic in this new Internet giant that has been established for less than two years. As Xiaokang rises like a rocket, the closer it is to the listing threshold set by Chu Yuanxi, the more sensitive this topic is.
There are many investors who are determined to stand in the same trench with him, such as his funder Bole, the brother and sister Yuan Jing and Yuan Mu of Zheng De Fund. But there is no shortage of short-sighted people, holding a small amount of trivial rights such as holding Class B stocks, and always wanting to eat more. Each lion opens his mouth, wishing to jump to the moon to make a price. It is simply weird.
What about holding Class A shares? Only accept 1:1 share swap, sit still in Diaoyutai, 1:0.99 will not work. Want to shrink Laozi's shares? nonexistent!
For them, they always have a dream. What if Chu Yuanxi compromises? If it doesn't work, it will be consumed. If it doesn't last this year, it will be next year. Even if they are happy to go public later, with the current momentum, the valuation will be higher later.
They don’t think about how many potential opportunities will be lost to a well-off life after going public a year later, it’s good now!
In the past, the Hong Kong Stock Exchange missed Ali because it did not accept different rights in the same stock, and regretted the Hong Kong Stock Exchange. What does this show from the side? It shows that Ali did not solve the historical problem of different rights in the same stock, which shows that this problem is really difficult to solve! Now it was Chu Yuanxi's turn to have a headache.
Chu Yuanxi's head hurts! Because the two-tier shareholding structure makes him, as a president with a low shareholding but extremely heavy voting rights, the company's common major issues can be settled in one sentence. However, at this step of the share reform, he did not have enough funds to liquidate uncooperative investors, even if the giant Zheng De Fund was his concerted action.
This is a pot left over from the beginning of the business, and he can only carry it by himself.
Xiaokang is an asset-heavy start-up company established in early 2016. It uses convenience stores + shared bicycles as an entry point to obtain big data, first forms a currency cycle, and then relies on cycling games and artificial intelligence to drive community social use scenarios. Relying on the ultimate social segmentation, it breaks through the penguin social chain barriers like a burst, and becomes a challenger that Penguin Ali must be alert to.
The current well-off valuation is in the hundreds of billions, and the value is here.
In order to be able to run wild on this empty track, the company was naturally extremely hungry for cash in its early days. Needless to say, bicycle-sharing is very profitable after the modularized convenience store is built, but if it is promoted from scratch, it burns money!
This makes Chu Yuanxi want money to death. After several rounds of financing, gambling, and incentives, the shareholding ratio has been fluctuating more than ten percent from beginning to end. It has also caused Xiaokang's equity to be very scattered, and investors are diverse.
When the flowers are in bloom, this is not only a shortcoming, but a bright spot of the company. Chu Yuanxi and the investors complement each other, and also created a good story in the domestic Internet circle!
Story? Good peat! Ideals can tell stories. Before this incident, Xiaokang was very ideal and had agreed to be each other's angels, but today, the angels took off their masks and Chu Yuanxi had to face reality.
At the beginning, this AB stocks with different rights held him up to the clouds, but now the backhand is a smash, smashing his head.
Because Chu Yuanxi has always adhered to the goal of domestic listing, the investment agreement will always include a liquidation plan, and he has long guarded against this day.
The only thing needed for liquidation is money. However, time is also fortunate, the well-off development is too fast, passing Chu Yuanxi's ideal expectation, so fast that his ability to raise liquidation funds can not keep up with the rate of valuation increase, and the liquidation plan has completely become empty talk.
"Scum! You are all scum!" He clenched his fists, his eyes like torches. At some point, he really wanted to broadcast today's meeting, so that entrepreneurs who are still on the road will have a good look at how they get caught up with their steps!
This is an era of big data + artificial intelligence, a paradise for entrepreneurs, but fate has also secretly marked the price of success.
On the premise that it is beneficial to the company, Chu Yuanxi has always considered investors, but now he is out of control. He can't balance the interests of everyone, unless he sacrifices a little equity of himself and the management. That's the abacus for those Standard Chartered.
Of course this is impossible!
"What am I doing so hard? Going on the market, going to the Nima market! What do I want to do!"
In fact, he still has the last way to complete the liquidation. As long as he is willing to pledge shares to the bank, then the banker will break the threshold of a well-off society. But this is Qishangquan, and Xiaokang's rise time is too short after all, and internal strength is not enough to support it. After the liquidation, if there is any error in the listing process, or even as long as the process is delayed beyond expectations, he will turn from "one pole of the Internet" into the biggest laughing stock.
Chu Yuanxi roared, and then slumped back into the sofa. Who can actually blame it? Wasn't it caused by his insistence on listing in China? Domestic listing is his ideal. If he relaxes, he would go to Hong Kong for an IPO six months ago. Anyway, the VIE structure will have to wait for the AB stock issue to be resolved under Yuan Mu's insistence.
Is this another collision between ideal and reality? Listing can allow the well-off to develop by leaps and bounds, realize many key mergers and acquisitions that cannot be promoted now, and enable Chu Yuanxi to achieve his ideals in strides. But the reality is a quagmire. If the ideal clear current is injected into the quagmire, there will always be a day of pollution.
Such as today.
It's quite late. The Xiaokang headquarters is located in the prime area of the Imperial Capital. Outside the window, there is a long night and thousands of lights.
Unsatisfactory things are often eight or nine, and no one can talk about it. On this night, he felt extraordinarily lonely. There were many bed partners with long chests and thighs, and there were no people who could listen to him.
He simply lay down on the sofa, turned on the vibrato and brushed it up.
Chu Yuanxi is obsessed with using Douyin. There are hundreds of millions of bean sprouts in China, but like him, it is quite rare to find out the background sounds of the Douyin explosions.
Of course, this is due to the fact that he has the assistant to the president who can call, recognize the background sound and then check the seat, such a horrible job, he certainly can't do it himself. Those recognizable ones are okay. Some background music clips can't be recognized by sound recognition software at all, so you have to ask grandpa and grandma to search for human flesh.
picked up the new BGM list printed by the assistant lady from the coffee table, and Chu Yuanxi glanced at it, it was so long! One of them was marked with a big red X, which is she said that she really did her best.
Chu Yuanxi can imagine the diss expression of the young lady.
"Well, there is only one I didn't find, so hard work..."
He knew how tiring this kind of human flesh search was, and silently gave his little sister a like.
In fact, it's not that Miss Sister has never fought, but she is still reluctant to resign because of this. But, everyone knows that Chu Yuanxi "a gentleman can deceive him", so the young lady even questioned him face to face that the chairman is not doing his job properly during working hours!
It's a pity that Chu Yuanxi went back easily: Douyin, it's just a pastime for you (Miss Sister: No! I don't have one, I don't play), but it's an investment hotspot for me. If there is no awareness of what the hottest outlets are doing anytime and anywhere, UU reading www.uukanshu.com would not have become a giant. Therefore, what I do is serious.
This excuse caused 10,000 critical strikes on the young lady.
Chu Yuanxi, since he quit his job and joined the bike-sharing company in 2014 to start his own business, he has twice bet against potential outlets. In four years, he has thrown a lot of money and has a smooth journey. Now he is indeed qualified to call himself an Internet giant. Now that he has decided to shame, Miss Sister rolls her eyes to show that I believe you, it's strange, what else can she do?
In fact, Chu Yuanxi really thought that at the beginning. The hottest point is that you don’t need to invest, but you have to understand that this is a basic skill.
Then he came and went, and he was brainwashed by the vibrato's "Guanermoyin".
Douyin, it can make people forget the pain for a short time, can make people focus instantly, and there is a deep knowledge hidden in it. Chu Yuanxi didn't want to use mental opium to anaesthetize himself, but at this moment, he did need to escape reality briefly.
just walked to Chu Yuanxi, the reality is really not so easy to escape. Although Moyin was able to hear his ears, his thinking couldn't get around: "In the beginning, it would be great if there was no such eagerness for quick success... If there is no well-off in the world today, how good would I be to rebuild a well-off one..."
His consciousness is a little fuzzy. In fact, he was very tired for a while, tearing up with investors is the second brain cell drain, second only to tearing up with partners.
He wanted to just sleep like this for a while, and then, he felt that he suddenly entered a strange state, all kinds of feelings gradually faded and lighter, the sound in the smart speaker was also slowing down, and every note seemed to have been slowed down by magic. , Becomes pentatonic.
Then he felt his eyelids heavier and heavier, his vision became blurred, and then he felt as if he was floating, and his consciousness became blurred with one click, two times...
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