That night, in a restaurant box not far from the Fiada Building, Gu Song really saw Brother Xiaoma. Eight] Eight] Reading] Book, .2√3.¢o

Not only is he there, but there are 3 Penguin Five Tigers.

Although Gu Song's own industry is not small now, he still has a feeling of seeing a superstar.

He respectfully shook hands with Little Pony, and Little Pony shook hands with him respectfully.

What Brother Xiao Ma thought in his heart was that people were more popular than people, and he was worried about money, this guy was already throwing money everywhere at such a young age.

"Sanshi and I were in the same month of the same year, and I heard him say that thanks to the strong support of Mr. Gu, the situation of the network has improved in an all-round way. After sitting down, Brother Xiao Ma and others are not fundamentally different, and they are also close to each other with the help of common acquaintances.

Gu Song sighed that he had the blessing of wealth and industry, and even Brother Xiao Ma had to get closer to him.

But he didn't forget the purpose of today: "If I call him Brother Ding, then I will call you Brother Ma." Mr. Li didn't say it thoroughly today, but now that the founders of Brother Ma are here, I don't know what kind of idea it is?"

Brother Xiao Ma and several brothers glanced at each other, sighed and said, "Frankly speaking, this was originally a decision we made when we were desperate, but now we are unwilling. ”

Gu Song listened intently: "How do you say it?"

"Compared with Mr. Gu's current skillful operation of playing investment by himself, we were all too naïve at that time. Brother Xiao Ma came to the ass first, and then said, "Twice rong, we are eager to melt a little more money and put it in our pockets for storage, QQ is too expensive." For this, as long as we can still have the greatest right to speak, we feel that we can accept it. ”

"MIH was valuing us at the time, $60 million far more than we expected. But this time, Rong is not in the form of a capital increase by new shareholders and dilution of shares by the original shareholders. 20% of Pacific Century Digital was sold, and IDG only kept 7.2%. ⊙√ ⊙√ eight ⊙√ read ⊙√ books, .2 ● ≥ mih accounted for 32.8%, but the penguins did not leave working capital. The shareholders have changed, the valuation has increased, but there is no money in the pocket, how can this be done? At that time, the penguins were burning money every day, but there was no income. ”

When Brother Xiao Ma talked about those days, Li Qing and the others all smiled bitterly.

It's really unbearable, on the one hand, more and more users recognize their products, and on the other hand, there is no income and they can't find money to maintain operations.

Brother Xiao Ma sighed: "MIH is very confident in us and has proposed a listing plan. In order to go public, the financial system must begin to be standardized, and the operating structure must be adjusted. These are all secondary, first of all, the important thing is that the working capital must be sufficient, and the listing must be successfully completed in the best attitude. It was in this context that we signed a convertible bond with MIH. Everyone's shares were 13.5% out, and $60 million was exchanged for $8.1 million, which has allowed the penguins to survive to this day. ”

Only then did Gu Song know that his guess was indeed not wrong.

46.3% does not exceed the bottom line of the founding team of Brother Pony to have the right to speak, if % is excluded from IDG's 7.2%, Brother Pony they still have 46.5%.

But the difference of 0.2% is really ...... Agreeing to this plan, in addition to the real need for money, is also really for the purpose of going public.

"Since someone was willing to invest in Penguin at a valuation of 60 million at that time, why didn't they choose to introduce new shareholders?" asked Gu Song suspiciously.

Brother Xiao Ma shook his head: "Where was the time at that time? To be honest, we didn't think it was worth $60 million ourselves. At that time, how much was the net worth?

Gu Song was really moved by Mih's boldness.

At that time, let alone 60 million, 10,000 dollars, the investment may be successful.

But it's too late to say anything now. Gu Song smiled: "Let's talk about the current matter." Do you mind if MIH gets that 13.5%?"

Brother Pony said with a bitter face: "Of course I mind." Actually, MIH is a good investor, but he always wants to get a higher percentage of the shares, which is too risky for us. ”

Gu Song nodded, he is also a person who does his own company, and the founding team's right to speak is too critical. Listening to Brother Xiaoma's current troubles, I'm afraid he hasn't done the design of AB shares yet, unlike Ma Jack, who designed all this early.

"Since that's the case, what do you think about the 13.5% stake now?"

Xiao Ma said: "For us, the ideal situation is to borrow money for redemption, I don't know if Mr. Gu accepts it, we can give 30% annual return." ”

Gu Song shook his head: "Nearly 10 million funds, I invested in other places, and the annual return is far more than 30%. Brother Ma, you still have to talk about the actual plan. ”

Brother Pony is helpless. During this period of time, in order to solve this problem, they did not think of a lesser way.

It is a time when the market is tight, and it is indeed difficult to raise such a large amount of money. Penguin is not listed, and the profit data is also unstable, even if it wants to make equity pledge loans, it has not found a way to agree.

Seeing that the date for MIH to exercise the transfer of equity was getting closer and closer, Li Qing also had to find a way, so he contacted Jian Yushu.

Xiao Ma said: "If Mr. Gu wants this 13.5% equity, the price is much higher than 60 million US dollars, and MIH's priority is in hand." ”

Gu Song asked: "You directly said how much money you need to operate it." ”

Brother Pony looked at each other again before he said, "If the new management wants to enter, you have to pay double the price." You take that 13.5% stake and you're giving MIH twice as much as $8.1 million. ”

That's $16.2 million.

Last time Yanjing turned into a relationship, Flint Capital received a $30 million partner investment. Gu Song can get this money now.

But he didn't expect that the penguins would be in such a way and under such conditions.

"Is this the terms you agreed with MIH?" Gu Song asked.

Brother Pony shook his head: "It wasn't written that it could be done in this way. If you want to do it, you need to talk to MIH. If Flint Capital lends us private, we only need to buy it back with 10 million. The latter part of the equity, we can also hold it on behalf of Flint Capital. But presumably you won't agree to this way, so let's convince Mih. ”

Gu Song was stunned for a moment, if he held it on his behalf, it would be much more troublesome to pledge or sell it later.

"What if, like Brother Ding, I enter the game, and then the voting rights are directly delegated to you?"

Brother Xiao Ma was overjoyed: "Mr. Gu is willing to entrust us with the right to vote?" ”

Gu Song nodded: "Emphasizing the flint capital and the domestic industry resources I have now, presumably these things are also useful for the development of penguins, and the certainty of listing in the future is a little greater." ”

Brother Xiao Ma let go of the big things in his heart, and it would be good if someone was willing to take action.

This time, the people at the table seem to be like a family.

When the wine was drunk, Gu Song grabbed Brother Xiaoma's shoulder and said: "I just can't bear our listed company in Huaguo, and the largest shareholder in the future will be foreign!"

Brother Pony said yes.

"If Brother Ma wants to make a game, then you must talk to me!"

"Of course, you have Aiyou.com in your hand!"

"You can't make a game site too!"

"Well, I don't have that idea. ”

"Do you still have a 5-digit QQ number?"

“…… There are some dead numbers that have never been used. ”

Gu Song was overjoyed: "Write it off and give it to me!" 11 Baidu read the latest chapter of "The Life of Rebirth as a Champion of Literature" for free for the first time.