Chapter 522: It's done
Li Xiaojun couldn't be happy, seeing that the first investment project was about to be signed, but he was disturbed by Chen Qiaoshan.
He had the heart to refuse, but reason prevailed after all, Chen Qiaoshan was not lying and threatening, if he really tore his face, it was really difficult to say who would lose and who would win.
Venture capital is high-risk, there are many projects that have failed to invest, IDG capital is no exception, fortunately, compared with the returns, the failure of a single project is nothing, but for Li Xiaojun personally, it is extremely important, after all, this is his first investment, 5173 If it is really smashed in his hands, it will definitely have an impact on his future career.
Li Xiaojun didn't speak, Chen Qiaoshan wasn't in a hurry, everything was on the table, and Li Xiaojun didn't have much choice.
If he refuses, he will really give Chen Qiaoshan a problem, he can only create another 5173, fortunately, this possibility is very low, cooperation can be a win-win situation, if he really insists on going his own way, it will be more than worth the loss for both parties.
After pondering for a long time, Li Xiaojun finally compromised.
Although he was dissatisfied with Chen Qiaoshan's aggressive attitude, in his heart, he was still very optimistic about Chen Qiaoshan, and if he missed Kangsheng, he couldn't miss 5173 again, which may not be an opportunity.
Li Xiaojun dared to conclude that once Chen Qiaoshan completed the acquisition, IDG Capital would definitely pay a much greater price if he wanted to enter the game, but he was confident that he would convince IDG executives that Chen Qiaoshan was a successful entrepreneur, and Zhang Bingxin could not be compared, and Kangsheng was the best proof of this.
Successful people have a much higher chance of success than start-ups, which is the consensus of the venture capital community.
"Mr. Chen, let's talk about it, how do we cooperate?"
Dong Qifeng was a little surprised, IDG Capital is a veteran fund in China, and it is just a matter of being threatened, so why should it be compromised?
Chen Qiaoshan calculated for a long time, waiting for this sentence.
He smiled and said: "It's very simple, I want to know the details of your financing agreement with 5173, and I hope you can inform Zhang Bingxin that IDG Capital will withdraw from the financing negotiations from this time." ”
As long as IDG withdraws, there is not much room for Zhang Bingxin to choose, he has no funding channels, as long as there are competitors, the pressure will increase sharply, and the hope of financing is becoming more and more slim.
Li Xiaojun is not easy to fool, he questioned: "This is not right, since it is cooperation, how to protect the rights and interests of IDG Capital?"
"Once the acquisition is completed, Tsingshan Capital will not only inject capital, but also increase the development and promotion of the website, which will require a large amount of capital, and it is logical to launch the first round of financing, and IDG Capital will be our preferred target," said Chen. ”
This is not a promise at all, but Li Xiaojun believes it, if Chen Qiaoshan is honest, he may have to hesitate, but in the current situation, if you want to raise a large amount of money, IDG must be the first choice.
The conditions were negotiated, and Li Xiaojun did not hide it, and notified Zhang Bingxin of the withdrawal of IDG Capital on the spot.
When the phone hung up, Chen Qiaoshan took the initiative to stretch out his hand and said, "Happy cooperation." In his plan, 5173 will definitely carry out follow-up financing, and IDG Capital is undoubtedly the most suitable partner.
Li Xiaojun had no way to retreat at this time, he held Chen Qiaoshan's hand and said, "Mr. Chen, I hope you can fulfill your promise of cooperation." ”
Chen Qiaoshan said with a smile: "Don't worry, I won't let you down." ”
……
Zhang Bingxin was originally a little complacent, but when he received Li Xiaojun's notice, he was completely panicked.
He prepared a dinner at night, just to want Tsingshan Capital to compete with IDG, but who knew that there were accidents one after another.
After receiving Li Xiaojun's phone call, Zhang Bingxin realized what the problem was, and only said to quit when everyone came, the problem must be in this meal, he was very annoyed, and he didn't put the two groups of people together if he knew it.
The matter has come to this point, Zhang Bingxin can't think about it, he can only hope for Tsingshan Capital, he has made up his mind this time, he must lower his posture tomorrow, and he can't let Chen Qiaoshan run away.
It's a pity that things don't go as planned.
The next morning, when they met again, Chen Qiaoshan bluntly explained his true intentions to Jinhua this time.
"What, you want to buy 5173?" Zhang Bingxin was so shocked that he stood up directly from the chair, which obviously exceeded his expectations, and after thinking about it, he shook his head again and again and said: "What I want is financing, and I won't sell 5173." ”
Chen Qiaoshan gestured, Dong Qifeng said, "Mr. Zhang, let me introduce the situation, Tsingshan Capital intends to do an online game trading platform, and has given a budget of 10 million, the core transaction process is also under development, the acquisition of 5173 is only part of the expansion, you may wish to consider our suggestions." ”
Zhang Bingxin was even more shocked, and the news was even more surprising than the takeover offer.
The reason is very simple, the technical requirements of the online game trading industry are not high, and suddenly there is one more competitor, especially with financial support behind it, and it is difficult for 5173 to have a chance of winning.
Without giving Zhang Bingxin a chance to refuse, Chen Qiaoshan said directly: "Mr. Zhang, you might as well listen to our conditions and don't rush to conclusions." ”
As he spoke, he took out a document and handed it over, "This is our acquisition plan, Tsingshan Capital plans to invest $1 million to wholly acquire 5173." ”
A million dollars?
Zhang Bingxin's heart beat violently twice, and his adrenaline soared.
Money is very valuable these years, one million dollars is enough for him to live a life of mastery, even Fang Xingdong, an Internet person who is also a fellow countryman, has become famous with his blog in China, but he only got one million dollars in financing, which also makes Fang Xingdong the pride of Jinhua Internet people.
Zhang Bingxin hesitated, on the one hand, there was a strong competitor, and on the other hand, he was tempted by a huge amount of money, and it was difficult for him to decide.
Zhang Bingxin knows that once he refuses to acquire, 5173 will face unequal competition, with his financial resources and ability, it is difficult to win in the competition, and the only opportunity is to find investors, but this is not easy.
Jinhua is in a safe corner, the Internet industry is definitely not as good as Beijing, Shanghai and Guangzhou, there are not many financing channels, and now it has lost the support of IDG, and the chance of winning is almost nil.
Thinking of Li Xiaojun, Zhang Bingxin's heart was cold, he could guess without thinking about it, the withdrawal of IDG Capital must be related to Chen Qiaoshan, the other party has connections and capital, he can't help but be a little depressed, what can he do to compete with others?
Zhang Bingxin had no intention of looking at the acquisition plan in his hand, his mind was already loose, without financing, 5173 could only stand still, and if he encountered a strong enemy, it would be difficult to even maintain annual profits.
If he agrees to the other party's conditions, he will not only be able to get a huge amount of money, but also have capital to start a business, which is better or worse, he seems to have an answer in his heart.
Zhang Bingxin sighed, Tsingshan Capital's offer was really appropriate, just higher than the valuation given by IDG Capital, and it was indeed a high price, which made it difficult for him to refuse.
After all, 5173 was established by him, and the relationship must be there, if he really sells it, he is still a little reluctant, but he can't say no, it's a million dollars, with the current income of the website, he can't earn this money in ten years, if he really misses it, and provokes an enemy, it's really hard to say what the result will be.
After thinking about it, Zhang Bingxin had to say: "Mr. Chen, your proposal is too sudden, I have to go back and think about it." ”
"Yes. Chen Qiaoshan replied very simply, he raised his wrist and looked at the time, "Mr. Zhang, we will return to Yanjing on our afternoon flight, and I hope to give an answer before leaving." ”
"So fast?" Zhang Bingxin panicked, the other party looked stunned, and he was really a little weak-hearted.
Regardless of his opinion, Zhang Bingxin couldn't help but feel a little strange when he saw the Shanghai watch on Chen Qiaoshan's wrist, Chen Qiaoshan was so young, he opened his mouth to be a million dollars, so he wore an old Shanghai?
Fortunately, with Li Xiaojun's endorsement, his doubts quickly dissipated.
Chen Qiaoshan's face was relaxed, "Mr. Zhang, you should know very well that it is not difficult to redo a 5173, the acquisition is just a part of the plan, I can't stay in Jinhua all the time, I hope you still try to make a decision as soon as possible." ”
Although these words were very peaceful, Zhang Bingxin's pressure increased suddenly, and Chen Qiaoshan was obviously not ready to drag it out.
Whether it is true or not, Zhang Bingxin does not dare to ignore it, "I will delay it for too long as soon as possible." ”
…………
Chen Qiaoshan really doesn't plan to stay in Jinhua for long, he has already booked a ticket for the afternoon, whether it is successful or not, he will definitely go.
The ticket was at six o'clock in the evening, after lunch, and rested for two hours, Chen Qiaoshan and Dong Qifeng left their rooms and rushed to Yiwu Airport.
Sitting on the bus, Dong Qifeng asked, "Mr. Chen, let's go back like this?" What if Zhang Bingxin agrees to sell?"
"IDG Capital has done due diligence, and the details have been sent to my mailbox, Zhang Bingxin can't do anything, don't worry, Zhang Bingxin is a smart person, he will agree. ”
"As for the follow-up process, you and Liu Chang are in charge. ”
Dong Qifeng's heart moved, "I, Mr. Chen, I don't understand this." ”
Chen Qiaoshan waved his hand and said casually: "No one is born with it, you just remember a few key points." ”
"For 5173, the first step is only to take over the financial rights, this part of Liu Chang is responsible, I have said hello to her, will select the right financial settlement, and then set up a research and development center in Yanjing, let Zhang Bingxin to Yanjing Company as a vice president, Jinhua only retains customer service and trading specialists. ”
Dong Qifeng asked, "Is Zhang Bingxin still left?"
"Gotta stay. Chen Qiaoshan saw that he was puzzled, so he explained: "It is impossible to pay the full amount of the acquisition money, this is to prevent problems in the middle of the merger and acquisition, which is also a common practice, generally there is a two-to-three-year agreement period, and the payment is paid according to the principle of 622, and the first year is paid sixty percent, and the remaining two years are paid." ”
Speaking of this, Chen Qiaoshan couldn't help laughing, in the securities industry, 622 is also famous, and it can be regarded as a joke in the financial industry.
622 is the name of Guotai Junan, whenever the immediate reward of the contracted project is issued, Guotai Junan can delay for four years, and it is only in the second year that it begins to issue sixty percent, and the third and fourth years are two percent each.
Chen Qiaoshan pondered, maybe in the future, farmers can also learn from it, generosity is one thing, but talents still have to be retained.
The airport bus was only halfway through when Zhang Bingxin's phone called, and there was no accident, and he agreed to the acquisition offer.
Chen Qiaoshan was nothing, but Dong Qifeng was secretly pleasantly surprised.
By Chen Qiaoshan's side, only Dong Qifeng is from Jiangsu and Zhejiang, and only he can pull away, there is no doubt that this is an opportunity.
Chen Qiaoshan is not ready to stay, after talking about the project, his task will be completed, as for the rest of the work, there is no need to do it himself.
"Lao Dong, you stay, first contact Zhang Bingxin, find out the situation, do everything according to the charter, Liu Chang will bring someone over in the next two days, she will assist you to complete the integration, as for the laggards, I will explain to Yao Yong and let him help you take care of it for two days." ”
"Okay, Mr. Chen. Dong Qifeng agreed very simply.
For him, 5173 has more upside than the laggards, and this is a great opportunity that must be seized no matter what.