Chapter 23:

"At the beginning of the business, several people partnered, basically there are two situations, the first is that several partners are grassroots, lack of funds under their hands, and invest and cooperate together. www.biquge.info The other is that one party does not have enough funds, but there is a doorway, and the other party has enough financial support, and the two partner to win and benefit each other. ”

"Your dad just started his business, using the first method, gathering a group of people to do it together, at that time in their team, only one person surnamed Liu has relatively strong resources, at the beginning one person accounted for 35% of the original equity, even your father, who contributed the most capital in addition to him, accounted for 20% of the equity."

"At that time, the first round of venture capital was very smooth, the oil industry was a profiteering business, plus your father was in charge, it only took half a year to successfully acquire a gas station in the name of the company, and the net profit reached 5 million in half, and then, the major shareholder surnamed Liu proposed to make it bigger and open the second round of financing, and the amount reached a terrifying 100 million! 100 million! ”

Mei Rong sighed with emotion, "Although it seems that 100 million is nothing now, in the eighties, 100 million was enough to buy a city." Such a huge price was actually offered by him. ”

"Since it's so outrageous, the board of directors probably won't agree, right?"

Mei Ruoxue said without thinking, I have never eaten pork, but I have seen a pig run, the family is running a business, and all decisions are decided by the person who holds more than half of the controlling stake in the board of directors, how much does the second round of investment cost, but it is not just a sentence surnamed Liu can make the decision, this truth Mei Ruoxue is still clear.

Although 35 percent of the shares surnamed Liu monopolized the head of this group of partners, he could not have the right to make a decision by one person without more than 50 percent of the shares.

"You think it's outrageous, right?"

The corners of Mei Rongting's mouth hooked up a mocking arc, and said with a wry smile:

"But it was such an outrageous resolution, and the board of directors passed it in one fell swoop."

"Tong ...... Passed!? ”

Mei Ruoxue's beautiful eyes were wide open.

"With such a large sum of money, how could they make a decision so easily?"

"Yes, originally, this resolution could not have been voted on at all, 100 million yuan, it's just a joke, even if you really want a second round of financing, 10 million is enough to choke. However, after the meeting of the directors, the resolution was finally implemented. ”

"Why is this happening? Isn't that surnamed Liu only 35 percent of the shares? ”

"Thirty-five percent is true, but except for a few shareholders, there are two shareholders who are on the side of the surname Liu."

Mei Rongting sighed, "Those two shareholders hold 12% and 14% of the shares respectively, plus 35% of the surname Liu......"

"Exactly 51 percent ......"

Mei Ruoxue was dumbfounded.

Fifty-one percent of the shares are held to implement a resolution, and there is simply no room for redemption......

"And where do they get their money?"

Mei Ruoxue's thoughts turned and she thought of the most critical place.

100 million funds, even if they want to invest, where will their money come from?

After all, their net profit in the first year added up to only five million, and they didn't say that they wanted to pull investment from other places.

"Money?"

Mei Rongting sneered, "At that time, your father also asked so, according to the shares, the three of them have a total of 51% of the shares, and if there is 100 million funds, they will have to increase it to 51 million from the original basis, and the remaining few people will also have to piece together a huge sum of 49 million according to their respective shares." ”

"How could they possibly scrape together such a large sum of money? If you have such a strong family foundation, why bother to find so many people to come out and start a business in the first place? ”

"However, the most incomprehensible situation eventually appeared."

Mei Rongting's voice seemed to become a little muffled.

"The group of people surnamed Liu really took out 51 million yuan at one time!"

Hearing this, Mei Ruoxue gasped, and her delicate and pink face was already occupied by indescribable shock at this time.

"They have such a background and resources, why did they pretend that they didn't have the money to finance and partner with their father in the first place?"

"Yes! Why, in that era, people who said that they would take out tens of millions of dollars, without any background, who would believe it, but this is the case. They take out so much, and your dad they must add to the corresponding proportion of the equity, if not, dilute the shares, just ask, in the face of 100 million total financing, how much can your dad have left under the dilution of the one or two million shares they originally held? Moreover, they were so lavish in the second round of funding, what about the third round, the fourth round? In the end, the equity of your father and the remaining shareholders will be diluted by those three people, until they are completely swallowed up in the end, and they will end up with nothing left. ”

"At that time, your father, who foresaw his future predicament, immediately made a decision and sold 20% of his original shares at a low price of 800,000 yuan and withdrew from the project. As for the other small shareholders, some came out with him, such as your Uncle Li Chen, and some were willing to stay where they were at the cost of diluting their shares, and as for the outcome, we didn't delve into it. ”

"Xiaoxue, you know, in every industry, you only see the first, there is no second, your father has expanded his territory in the oil industry and become the top oil tycoon in China, but in the end, he was forced out of this first pot of gold and cup circle, and the hard work of the past is completely nullified, if you want to start anew and set a new benchmark, at least in the oil industry, it can't be done."

"With a poor 800,000 yuan, your father left the oil company he founded himself. watched those ill-intentioned betrayers rely on their own hard work to suck money madly, while they have nothing. ”

When he said this, Mei Rongting's shoulders trembled slightly because he was too angry, although so many years had passed, the resentment in his heart still hadn't lessened.

"Fortunately, your father was able to keep his sanity in the fury at that time, and sold his shares in time and cheaply, otherwise, if he was busy for a few more years, the remaining equity would be diluted little by little, and in the end, let alone 800,000 yuan, he would not be able to get even eight yuan, not only would he lose the initial investment, but also let the fruits of his labor for several years be wasted."

"Since then, your father, who has tasted the taste of being pitted, has made up his mind."