Chapter 107: Blind Date and Love as a Family (Ask for Subscription!Ask for a Monthly Pass!)
Xu Yiyang and Fang Junhui negotiated cooperation, exchanged contact information, and agreed to meet at the Hilton Hotel at 8 o'clock tomorrow morning, and then he left the law firm and took a taxi to Hilton.
At this stage, a luxury hotel like Hilton is still a top luxury hotel in Guangcheng, so the hotel occupancy situation does not seem to be tense, and there are not many people.
Xu Yiyang booked a large luxury suite, with an area of more than 100 square meters.
The price of 888 a night is already very cheap in his opinion, 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 to take a look, the living room area outside is still very large, and there is a set of six-person modular sofa, coffee table, writing desk, tomorrow for talking about business will definitely be enough.
After resting in the bedroom for a while, Xu Yiyang received a call from Mr. Ma.
Answering the phone, a voice with a southern accent came, politely asking, "Is it Mr. Xu?"
Xu Yiyang snorted and said with a smile: "Hello Mr. Ma." ”
Ma Huateng hurriedly asked, "Has Mr. Xu arrived in Guangcheng?"
Xu Yiyang said with a smile: "Mr. Ma, I have arrived, staying at the Hilton Hotel, the room number is 1808, you and the lawyer can come directly tomorrow morning, and my lawyer and I are waiting for you here." ”
Ma Huateng smiled and said, "Okay, Mr. Xu, then I won't delay your rest, let's see you tomorrow morning." ”
"Okay, see you tomorrow. ”
......
At half past seven the next day, Fang Junhui had already arrived at Hilton.
At half past eight, Ma Huateng also took a team member and two lawyers to the Hilton Hotel in Guangcheng from Shenzhen.
The group took the elevator to the door of room 1808 where Xu Yiyang was.
Ma Huateng took a deep breath and adjusted his mentality, and then pressed the doorbell in the room.
A moment later, 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, yes, 1808, but why was it a young man who opened the door? Looking at his age, the oldest is only 20 years old, right?
Ma Huateng was a little messy, and while taking out his mobile phone, he said to Xu Yiyang: "I'm sorry, I may have found the wrong ......"
Xu Yiyang recognized him, smiled slightly, and said, "You should be Mr. Ma, right?"
Among the Chinese Internet tycoons, Ma Huateng has always been the most low-key one, rarely showing his head, let alone mixing with stars in the entertainment industry, but even so, there should be no people across the country who don't know him.
At this time, Ma Huateng was wearing glasses, looking at Si Swen and ordinary, looking like an ordinary white-collar worker.
But who would have thought that such an ordinary-looking young man would be one of the top richest people in China in the future.
Hearing Xu Yiyang ask if he was Mr. Ma, Ma Huateng subconsciously responded: "I am ......"
Immediately, he looked at Xu Yiyang in shock: "You are Mr. Xu?"
Ma Huateng was on the phone with Xu Yiyang, and he was a little familiar with his voice, although he had recognized Xu Yiyang's voice, he still couldn't believe that the young man in front of him was going to invest his 4.8 million President Xu.
He originally thought that his noble "Mr. Xu" must at least be a middle-aged man in his thirties with a successful career.
But I didn't expect it to be a young man.
Not only Ma Huateng was surprised, but even the three men who came with him were stunned in surprise.
"Come on, let's talk in the house. ”
Xu Yiyang knew that the other party had met for the first time, and he must have been surprised by his age.
However, he was very indifferent, anyway, as a shareholder of Tengxun, he must provide his identity documents, and his age cannot be changed, so he smiled and said to a few people: "Come, please inside." ”
Ma Huateng stabilized his mind, and had some doubts in his heart if this was a prank, but in the end, he still stepped into the room with the mentality of being at ease.
Xu Yiyang invited them to sit down on the sofa, and then called the hotel's catering department to deliver a few cups of coffee, fruit plates, and refreshments.
Then, 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 do the contract approval." ”
Ma Huateng hurriedly shook hands with Fang Junhui, then pointed to the man next to him and said, "This is my partner, Zhang Zhidong." ”
Xu Yiyang has heard of Zhang Zhidong, who can be said to be famous in his previous life.
After shaking hands with Zhang Zhidong, Ma Huateng introduced the other two people around him, both of whom were lawyers from a law firm in Shenzhen.
Ma Huateng couldn't help but ask Xu Yiyang: "Mr. Xu, I think you seem to be very young, I don't know if it's inconvenient for Fang 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 were all shocked.
18 years old?
At the age of 18, you will come out with millions to invest?
Xu Yiyang saw the surprise of the five people, and said with a faint smile: "I did an English training class in my hometown, and after making some money, I am ready to engage in investment, which can be regarded as planning a long-term financial plan for myself." ”
"I used OICQ for two months, and I felt that this software was very interesting and promising, so I had the idea of investing. ”
Hearing Xu Yiyang say so lightly, the five people present, including Xu Yiyang's own lawyer Fang Junhui, were all surprised to close their mouths.
I thought Xu Yiyang was a rich second generation, but I didn't expect that he was still a self-made genius.
Ma Huateng thought in his heart, people took four or five million to come out to invest at the age of 18, and he was 28 years old, and he got a business project, but he didn't find a profit model until he was exhausted.
sighed silently in his heart, Ma Huateng couldn't help but praise: "Mr. Xu is really a hero and a young man......"
Xu Yiyang smiled slightly and said, "Mr. Ma, let's not worry about my age, let's talk about the details of the investment agreement." ”
"Good. Ma Huateng nodded hurriedly, took out a draft document, handed it to Xu Yiyang, and said, "Mr. Xu, I need to confirm a few questions with you again." ”
Xu Yiyang nodded and said, "Okay, Mr. Ma, please speak." ”
Ma Huateng said: "The first one is that in this investment, you will invest 4.8 million yuan in Tengxun at a valuation of 12 million yuan after investment, and hold 40% of Tengxun after investment. ”
"That's right. ”
Ma Huateng said: "I as the transferor, to transfer 40% of the shares to you, you as the transferee, must be signed within three days after the contract is signed, first to the company to complete the capital injection, and then we will receive the money, immediately in the industry and commerce to change you to the company's shareholders, it may take 5-10 working days, do you see this process is not a problem?"
Xu Yiyang nodded and said, "No problem, I'll pay today after the contract is signed." ”
Ma Huateng said a little embarrassed: "The second problem is the use of funds, theoretically speaking, we are going to invest all the 4.8 million yuan in the next operation of Tengxun, but my core team and I owe some debts in order to maintain the operation of OICQ, so I hope to be able to communicate with you and allow us to cash out 300,000 yuan from the 4.8 million." Of course, if you don't agree......"
After speaking, he looked at Xu Yiyang nervously, for fear that he would refuse.
After all, the investment is invested in the company, and the money is reserved for the company's operation.
At least in the initial stages of the startup, the founding team is not yet eligible to cash out.
However, at this stage, the core team of Tengxun is already heavily in debt.
In addition to the company, their personal financial pressure is not small.
Although the financing solved the company's operational problems, their personal financial pressure was still not alleviated.
Ma also knows that most investors can't allow the team to cash out in the first round of investment, but he still wants to give it a try.
Otherwise, I don't know how long it will take for myself and my core team to recover in the future.
What he didn't expect was that Xu Yiyang didn't hesitate at all, so he nodded very happily and said, "No problem!"
Ma Huateng was overjoyed, and said gratefully: "Thank you so much Mr. Xu!"
Xu Yiyang nodded and smiled, and said, "Let's move on." ”
"Okay!" Ma Huateng continued: "The third question is that after you invest, we hope that you can transfer half of the corresponding voting rights of the shares to me, otherwise, if new shareholders are introduced in the future, I am worried that there will be a big difference in the company's decision-making level, or I hope to try to ensure that I personally have absolute voting rights." ”
"No problem!" Xu Yiyang said without thinking: "Although I am investing in projects, I am actually investing in people, I believe in your ability to Mr. Ma, and I also believe that Tengxun will be able to make great progress under your leadership." ”
Although Xu Yiyang knows the development trajectory of the Internet industry, he does not know much about the specific operation of Internet companies.
Therefore, he invested in Tengxun, just to make money by car, and did not want to interfere with the normal operation of Tengxun.
He is still a very conscious person, and he honestly hitchhikes to earn money, and as a last resort, try not to point fingers at the driver.
In his previous life, under the leadership of Ma Huateng, Fuji Xun made brilliant achievements, so why did he bother to interfere with him?
As soon as Ma Huateng heard that Xu Yiyang was so refreshing, he gave all the voting rights to himself, and he was not only relieved, but also a little more grateful.
Ma Huateng said with a pious face: "Thank you very much for Mr. Xu's trust!"
Subsequently, he said the fourth question, saying: "Mr. Xu, there is one last question, the 4.8 million you invested, we don't want to have any performance gambling and repurchase requirements, because after all, the Internet industry has just sprouted, and there are many unknowns......
Many investors will ask for a performance bet when investing.
For example, this year, Tengxun has 1 million users, and the investor decided to invest 4.8 million, accounting for 40% of the shares, and then the two sides will conduct a round of performance VAM, and the requirement for the VAM is that Tencent will reach 10 million users within one year.
If Tengxun does it, the bet will be successful, and the investor is willing to reduce the stake to 20%;
If Tengxun can't do it, the bet will fail, and an additional 20% of the shares will be given to the investor, so that the investor will account for 60%.
Many entrepreneurial teams lose control of the company all of a sudden, all because they lose the bet.
As for buybacks, it's even harsher.
When the investor believes that the company has no prospects, or wants to exit, he has the right to ask the team to buy back the part of the shares he has invested in to ensure that their interests are not lost.
Moreover, generally repo is subject to an annual interest rate, which is no different from a bank loan.
If the project fails, the investor can ask Wang Sicong to repurchase the shares, and the repurchase price is the investment amount plus an annualized rate of return of 12%.
That is to say, the capital invested 100 million in Panda and held 10% of the shares, and a year later Panda went bankrupt, Wang Sicong had to fulfill the repurchase obligation and repurchase the 10% of the shares with 112 million with interest.
This may not be a big problem for him with a strong family background, but for an entrepreneurial team, it is tantamount to a salary draw from the bottom of the kettle, or even a bolt from the blue.
There are many entrepreneurs, because of blind confidence, signed a repurchase agreement with capital, and finally the company went bankrupt and could not fulfill the repurchase obligation, so they could only be imprisoned.
In fact, this is the real face of the 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 happily: "Mr. Ma rest assured, I invest in you, neither ask for gambling, nor ask for repurchase, since I invest in you, I will naturally trust you 100%, in the future, we will all be a family that loves each other, and we should advance and retreat together, even if the money is lost, it doesn't matter!"