In the field of entrepreneurship, many companies think that everything will be fine when they get investment, and some start-ups even take the favor of investment institutions and the ability to raise money as their main goal.

As everyone knows, the fundamental purpose of investment is to make profits, in order to make money, no matter how fanciful the reasons for investment can not change this, in order to ensure that the return as soon as possible, investors will set many terms, and for the investee, these terms will bring all kinds of restrictions and constraints, the most important of which are three.

First, the dispatch of financial personnel with cronies, usually similar to the chief financial officer or financial director, is what almost all investors will do as soon as they give money, which is equivalent to setting up an "east factory" in the enterprise that can control the financial power.

Second, even if the investor holds more shares, even if the company has a small number of people, anything important and important must go through a board of directors with even three or four people, which will seriously slow down the speed and efficiency of the company.

Third, and most importantly, the amount of financing is too small to meet actual needs, but if you accept a larger amount of investment and sell more shares, you will sow the seeds of a struggle for control of the company in the long run.

The struggle for control is staged almost every day in the corporate circle, and it is more bloody and dumbfounded than any imaginary palace fighting drama, and Tang Mo has a lot of deep feelings.

In June 2001, Wang Zhidong, the founder of Sina.com, the fourth largest shareholder and CEO at the time, and the nickname of "King of the Internet", was suddenly dismissed by the board of directors. At the same time, Duan Yongji, the second largest shareholder of Sina, reversed the previous posture of support and trust, and publicly bombarded Wang Zhidong for not being qualified for his duties, and after several rounds of back and forth between the two sides, Wang Zhidong raised the white flag and withdrew from Sina.

In 2008, Zhang Lan, the wealthy mother-in-law of the star big S and the head of South Beauty, introduced an investment of 200 million yuan from CDH Capital, and signed a "VAM agreement" when financing: if South Beauty could not be listed at the end of 2012, it would need to repurchase the shares held by CDH at the agreed rate of return.

As a result, the South Beauty listing plan died abruptly and triggered the repurchase clause, and Zhang Lan raised money everywhere to no avail, which made CDH Capital, which was eager to exit, start the lead sale right to find a receiver, and the trigger of the lead sale right made the very normal share sale a very serious company liquidation event...... The dominoes fell one after another, Zhang Lan, who had been brushing dishes for many years and had worked hard to lay the foundation of South Beauty after returning to China for many years, was forced to leave the house, and Zhang Lan's son Wang Xiaofei's nickname as one of the "Four Youths in Beijing" was even more beaten to the dust, and even the big S marrying into a wealthy family became a big joke.

In 2014, Wu Changjiang, the founder and CEO of NVC Lighting, and Wang Donglei, the major shareholder and chairman at the time, fought for the control of NVC, and they each held an "official press conference" at the same time.

NVC Lighting was originally from the grassroots, and was founded by Wu Changjiang and two classmates surnamed Du and Hu who invested 450,000 yuan, 275,000 yuan and 275,000 yuan respectively, but because Wu himself likes to gamble and often takes money from the company's account to pay off gambling debts, Du and Hu are ready to dilute their equity, and the news leaks. According to a report by Phoenix Finance and Economics, on the night of the three people's "separation", Wu Changjiang, who was supported by dealers and suppliers, was full of bright sword equipment in the conference room and only allowed Du and Hu to enter, and the two had to sign and agree to transfer shares and quit NVC.

However, Wu Changjiang was very righteous and promised to pay 80 million cash "break-up fees" for each of them, and in order to raise money, Yan Yan, the chief partner of SoftBank SAIF, accepted 22 million US dollars from SoftBank, so that Yan was a big member of the board of directors, and then in order to balance SoftBank SAIF, Goldman Sachs investment was introduced in 2008, and as a result, SoftBank was very dissatisfied and immediately increased its capital to the largest shareholder, and in 2011, after NVC was listed, Schneider was introduced to force Wu Changjiang to "quit for the second time".

After more than a year of struggle such as dealer protests, supplier out-of-stock, and tens of thousands of employees on strike, in order to take power again, Wu Changjiang recruited Wang Donglei, chairman of Dehao Runda, to enter in December 2012, so he was able to return to the NVC power center and gradually resume the CEO position, but only a little more than a year later, he turned against Wang Donglei, and this time, Wu Changjiang fell behind, completely lost control, and NVC Lighting entered the era of Wang Donglei.

……

Each of these living cases, each written in a book, can write millions of words casually.

Far from it, let's just say that Tang Mo once worked in the cat factory, in order not to let the control be affected by the acceptance of investment, specially designed a set of 36 people composed of a "partnership system", the partner committee is responsible for the company's daily operations and decision-making, investors only make financial investment and do not interfere with management, but because the system is not widely accepted, it once brought huge trouble to the cat factory, so that it intends to be listed on the Hong Kong Stock Exchange but was rejected, fortunately, the NASDAQ exchange is willing to "make an exception" received, but also made the domestic trading market lose a trillion-dollar market value of the giant company.

Therefore, if you want to seek investment, Tang Mo would rather start with the people around him, firstly, the fertile water will not flow into the fields of outsiders, and the opportunity to make money must be left to his own people first, and secondly, no matter what, acquaintances who understand it are always easier to communicate than strangers, and it is not easy to turn against each other because of interests, at least not for petty profits.

Therefore, whether it is the well-known Red Pine Capital or other obscure investment funds, Tang Mo does not intend to accept the olive branch handed by them, at least not at this stage.

After briefly explaining that Sister Zhang replaced the previous Sister Zhang's "old certificate" with the catering service license, Tang Mo left the Dandan Restaurant.

On the way back to the rental house, Tang Mo played with the book list for a while, and saw a frequent interaction with the single master "Dongwang Gong Xi" in the comment area of his book list strongly recommended a new book called "Let Go of the Magician", and looked through it with curiosity, and found that it was a newcomer work of nearly 200,000 words, two-dimensional classification, fantasy, and darkness, but the quality of the text is not bad, at least as a newcomer, it is very smooth, plus the author's pen name "Fu Xiaodemon" It's really Tang Mo's favor, although he may be a big man, but he still wrote a long review and added a book list.

After adding this book, Tang Mo found that his book list had not been on the list of new books for a long time, and many readers in the comment area, including Huo Qingqing's loyal fan "Qingqing Riverside Grass", protested, so he was ruthless and found two new books to add.

One is the old author's Xianxia work "My Barbarian Ancestor" opened with a new vest "Double Knife Rainbow", although from the perspective of an old bookworm, this book has its own persuasion effect regardless of the name, introduction, or the first few chapters, which will turn away many new readers, but Tang Mo felt that it was not bad after testing the poison, and the author's last book had thousands of average results, and the long-term quality should be guaranteed, and there is no burden on recommending it.

As for the other book, it is a test of the waters "Journey to the West: Killing the Immortals and Cutting the Buddha" opened by the 10,000-person single master "God Sealer" with a vest "Thousand Years of Ups and Downs".

In Tang Mo's view, because of the relationship between the management of the book list, the big single owners read more extensively, so no matter how poor the quality of the book is, there is a bottom line, and because the plot of this book is promoted quickly, the reading experience is indeed relatively burning, as an extension of "Journey to the West", it is also in line with some of the ideas contained in the original work, so he also decisively added the book list.

After adding the book, Tang Mo couldn't help but sigh, there are really more and more single masters who write books, do you want to open a book too?