Chapter 103 Signing a Contract
Yu Song said strongly: "Incompetent people always make all kinds of excuses, with my brain, this kind of thing will not happen!"
Speaking of which, Yu Song decided not to reason with Mr. Li, just to make Mr. Li feel that he was hopeless.
Mr. Li's voice was raised, "Do you know how high the cost of manufacturing a smart phone is now? Do you know how difficult it is to develop an Internet product that is compatible with smart phones? Even if you start burning money from now, how long can you burn it? A month or three months?"
Another point you yourself just said is that if you fall behind, you will be beaten.
Now your company is a blank in terms of smart phones, and other people's smart phones have occupied the market. People have an income of 1 million yuan a month, and you only have 100,000 yuan at most! What do you use to fight with others?"
Speaking of this, Yu Song knew that his goal was about to be achieved, and his tone was even more unkind, "Hmph! I am in charge of my company! I am confident that I can kill other smart phones!"
Mr. Li said angrily: "Then it is impossible for us to agree to your capital increase! This is simply playing with fire!"
Yu Song said strongly: "I am the largest shareholder, if you don't agree to my capital increase, then I will unite the other two shareholders to increase their capital, and then your shares will be diluted!"
Mr. Li said disdainfully: "The market price of the domain company is at least 300 million, and if you ask for a capital increase of 30 million, it will be equally divided into each point of shares, that is, a little more than 200,000, and Baidu will only need to pay about 2 million."
Even if we don't pay these two million, according to the current stock price of the domain company, we Baidu will not be diluted much. ”
Yu Song smiled: "Mr. Li, you were not present during the A round, you can ask Mr. Tan, how did we sign the contract?"
Mr. Li had a bad premonition in his heart, "How was the contract signed?"
Tan Yaocheng had a bitter face, and said helplessly: "There is a clause in the contract that once there is a problem in equity or capital increase, it will be solved according to the valuation of the last financing, not according to the current market price!"
Mr. Li's face darkened, "How can you sign like this?"
Tan Yaocheng was a little embarrassed, "Yu Song was relatively strong at that time, and I told you about the situation, you said that you wanted me to act cheaply..."
Yu Song said coldly: "Mr. Li, if you refuse to increase your capital, my 30 million will come in, and Baidu's shares in the domain company will not be much." ”
Mr. Li said, "What do you mean? Do you force us to increase our capital?"
Yu Song smiled: "Mr. Li, what you said is wrong. The choice is yours, either increase the capital or wait for the share dilution. ”
This is the threat of Chi Guoguo, but Yu Song said it as if he was innocent.
Mr. Li is now in a dilemma, on the one hand, he is reluctant to post it, and on the other hand, he doesn't want to follow Yu Song to take risks and get a smartphone.
If you don't follow Yu Song's capital increase, Baidu's shares will be diluted, and you can't take up shares in Tieba, which will be too big a loss for Baidu.
It would be good if Yu Song could split it first and then increase the capital, just keep an eye on the post bar by himself, and take care of the life and death of your domain company.
Thinking of this, Mr. Li had a flash of inspiration, if the future of the domain company is not in addition to the situation, will Yu Song sell the sticker bar to realize his smartphone dream?
At that time, Baidu will do a good job of taking over the market, take a little more shares of Tieba, and even achieve holding is not a difficult thing!
Mr. Li pretended to think for a while, "Since Mr. Yu has already decided, then we will not interfere with the split of your company." We have only one requirement, and that is to increase the capital after the split. ”
Hearing this, Yu Song's heart was in his heart
ecstasy, but he suppressed the excitement in his heart and feigned anger: "Mr. Li, what do you mean by this?
Mr. Li smiled, "Don't get me wrong, I didn't mean that." It's just that Baidu's focus at this stage is not in this area, and we really can't cooperate. ”
Yu Song was afraid that he would regret it, so he asked, "Is that after the split, you don't want to participate in the capital increase and follow-up plan of the domain company?"
Mr. Li knew that this could not be concealed from Yu Song, nodded and said, "That's right, we do not participate in Yugong's capital increase and follow-up development plan." ”
Yu Song nodded expressionlessly, he didn't say a word, but he was already laughing wildly in his heart.
Finally kicked Baidu out!
While Yu Song was happy, Mr. Li was also in a good mood.
What the Internet is most afraid of is this kind of person who is indomitable and does not leave a way out for himself, and Yu Song is now this kind of person.
What Mr. Li is most afraid of is the capital increase before the split, so that most of the money will definitely be put in the domain company by Yu Song.
According to Yu Song's plan, there is no need to think about this part of the money, it must be burned by Yu Song, and I am afraid that there will be no benefit.
But after the split, Yu Song asked to increase his own capital, and he could just choose to increase his capital, as for the domain company, I'm sorry to play by yourself!
If the company has a financial problem, and then buy the shares of Tieba, Baidu may take the Tieba into its own hands.
For Song, his goal today is also achieved.
After the split, Baidu will definitely hold on to the post bar, and once they ask for a capital increase, they will definitely not agree to increase the capital of the domain company.
At that time, they can replace the shares of the domain company with the shares of the post bar, that is to say, Baidu already has 10% of the shares of the post bar, and the remaining 10% of the shares of the domain company, Yu Song can let Baidu exchange it for 10% to 20% of the shares of the post bar.
However, according to Mr. Li's performance today, Yu Song feels that 15% is enough.
When Yu Song was pondering, the atmosphere in the conference room was a little dull, and Mr. Li saw that Yu Song had been thinking for a long time, and he was a little anxious.
Mr. Li was the first to speak, "Mr. Yu, I think it is better to split the business first, and then talk about it later? After all, we have great differences now, and we can't get any results from talks." ”
Seeing that Mr. Li spoke, Yu Song couldn't hold back any longer, he pretended to be very angry, "Forget it, I don't think there's any need to talk about it." Since you don't want to increase your capital, it's better for everyone to split up and go their separate ways!"
Mr. Li said in surprise: "Mr. Yu, what do you mean by this?"
"What do you mean?" Yu Song said coldly, "What I mean is that you directly sell the shares of the domain company! I want to find a new investor!"
Mr. Li naturally won't take this conversation, and now sell the shares of the domain company, that is, make a difference, the most important thing is that the post bar is of great significance to Baidu, and Baidu can't let go easily.
Tan Yaocheng said with a smile: "Mr. Yu, don't be excited! We are still very optimistic about the post bar, as for the smart phone you said, Baidu does not have enough strength to set foot in this field now, you have to understand!"
I have to say that Tan Yaocheng's words are very beautiful, which not only gave Yu Song face, but also showed Baidu's position.
When the time came to test his acting skills, Yu Song pulled his face and said with a threat in his tone, "Okay, I'll split these two businesses tomorrow, and you can count Baidu's shares in the domain company to the post bar! In the future, you won't occupy the shares of the domain company, anyway, you are not optimistic about him!"
This remark of being strong in the outside is Yu Song's last stubbornness when Mr. Li hears it.
In fact, Mr. Li has been waiting for this sentence, and he can't wait to replace all the shares of the domain company with a sticker. I didn't dare to say it before, because I was afraid that Yu Song would go against him.
A paranoid person can't do anything with him, he has to follow his wishes so that he can take out what he wants.
You see, isn't Yu Song automatically saying the result he wants now?
However, Mr. Li was reserved for a moment, and then said, "Mr. Yu, how do you want to convert?"
There's no way, now people are swordsmen and I am fish and meat, and Mr. Li himself has no initiative.
If he didn't follow Yu Song's wishes, he would break the jar and really ask for a capital increase, and he would have no way back.
Yu Song thought for a while, "According to the current valuation, Tieba accounts for about 60% of the valuation of the domain company, and 10% of the shares of the domain company will be exchanged for 15% of the shares of Tieba!"
Mr. Li immediately objected, "This is impossible! at least 20%!"
15% is too low, Mr. Li can't accept it, he must fight for it again!
Tan Yaocheng also spoke at this time, "Mr. Yu, 15% is too little." At the beginning of the Series A financing, we have made a lot of concessions, do you think we are also making a slight concession now?"
Now this result has reached Yu Song's expectations, but if he agrees too easily, it will arouse Baidu's suspicions.
Yu Song thought for a while, and said very unhappily: "Okay, 20% is 20%! However, you have to add some money!"
Tan Yaocheng asked, "How much?"
Yu Song said: "Two million!"
Mr. Li hurriedly agreed, for fear that Yu Song would regret it.
Tan Yaocheng saw that Mr. Li was a little anxious, so he said, "Mr. Yu, why don't you sign the contract today?"
Yu Song said: "Sign tomorrow, I didn't bring the company seal today." ”
Tan Yaocheng said with a smile: "This is not simple, just ask someone from your company to bring it over." ”
Mr. Li also nodded and said, "That's right, I signed it today, so that you don't have to run again tomorrow." ”
Yu Song thought about it too, and signed it early, so that he would not have many long nights and dreams. But he said, "You guys are really too cowardly, as if I will regret it tomorrow." ”
Mr. Li and Tan Yaocheng smiled on their faces, but in their hearts, they were saying that we are really afraid that you will regret it!
After Yu Song finished speaking, he directly dialed Jiang Zheng's phone and asked him to come to Baidu with the official seal.
Jiang Zheng was a little puzzled at first, "You want to sign a contract with Baidu?"
Yu Song said: "Yes, they saw my development plan and coaxed it, and they wanted to replace the shares of the domain company with the post bar." ”
Mr. Li and Tan Yaocheng were a little embarrassed, but it was better to let Yu Song vent some, lest he regret it.
Jiang Zheng didn't understand a little, two days ago, the boss was still thinking about how to kick the white rabbit out, but now that the goal has been achieved, why is he a little unhappy?
By the way, the boss is now in Baidu, so he must be acting!
But two days ago, the boss told him that he was going to kick Baidu out, and the two of them discussed it for a long time, but they didn't come up with any good solutions.
But what's going on now? The boss kicked Baidu out of the game quietly?
Jiang Zheng was very curious, what kind of pit did Yu Song dig to let Baidu be fooled so easily?