"Where do you not meet in life...... Mr. Shi Wang Shao is really dedicated, and he has started to get busy before the year is over......"

Hearing this voice, Shi Guanglin and Wang Bin, who were standing at the door of the company and saying goodbye to Han Qichun, paused at the same time, Shi Guanglin's brows furrowed slightly, and then returned to normal, turned around and nodded to Xia Yun who came out of the reception room in the back. Pen ~ fun ~ pavilion www.biquge.info

"Mr. Xia laughed!"

Wang Bin glanced at Zheng Wei beside Xia Yun a few times, and snorted, "No way, we are all hard work, it's not easy to earn some hard-earned money, how can it be like Mr. Xia, you **** as a groom, changing brides every night is so merry and happy!" ”

Zheng Wei smiled, nodded to Han Qichun and said hello, and listened to Wang Bin's words.

Xia Yun smiled, "Wang Shao, you still love to joke so much, but then again, you are so active in saddling for Mr. Shi, really just to earn so much money for running errands, it is inevitable that there will be a bit of a price drop, Huai Shao, Zhou Shao and Brother Nan They all said, tossing and tossing and tossing, in the end, I don't know who to work hard for, why bother, why bother!" ”

Seeing Xia Yun mention Li Huai, Zhou Han, and Liu Haonan, who had vaguely isolated themselves recently, Wang Bin's face sank slightly, and he said unceremoniously, "I don't bother you about my affairs, Mr. Xia should first care about your sworn brother Mr. Zhao, I heard that he has caused a lot of trouble recently!" ”

Xia Yun basked slightly, "That must also be thanks to Wang Shao's love!" ”

Seeing that the smell of gunpowder in the words of the two gradually became stronger, Shi Guanglin shook his head at Wang Bin, smiled slightly and interjected, "Mr. Xia, you must have something to do here, we won't bother you, farewell!" ”

Without waiting for Xia Yun to reply, Shi Guanglin turned his head and shook hands with Han Qichun, who was standing aside, and said with a smile, "Mr. Han, I will send a professional team to discuss the details with you next Monday, and I wish us a happy cooperation in advance!" ”

Wang Bin sneered at Xia Yun, and without further ado, he turned around and left.

It wasn't until the two of them left the company that Xia Yun retracted his gaze, looked at Han Qichun, who was a little embarrassed, and asked with a smile, "Mr. Han?" ”

Han Qichun came back to his senses, and stretched out his hand to Xia Yun and Zheng Wei with a slightly wry smile, "Don't mind, Xia Yun, go here, come to my office to talk!" ”

……

In the general manager's office, the tea set on the coffee table was still slightly steaming, Han Qichun invited Xia Yun and Zheng Wei to sit on the sofa, cleaned up and then boiled water again, and made kung fu tea for the two.

Governing utensils, taking tea, waiting for soup, brewing tea, scraping foam, pouring cans, scalding cups, sprinkling tea, watching Han Qichun's skillful movements, Zheng Wei whistled, "Mr. Han, look at this posture, have you practiced for a long time?" ”

Han Qichun pushed the two cups of tea brewed in front of Xia Yun and Zheng Wei, and said with a smile, "I know you want to laugh at me for pretending, but usually when I think too much about things and my brain is a little messy, making a pot of kung fu tea does have the benefit of clearing my mind and calming down." ”

Xia Yun picked up the teacup and drank it all, and said with a smile, "Like now? ”

Han Qichun refilled Xia Yun with a glass, and said with a slightly wry smile in his mouth, "I just finished talking to you on the phone, and Mr. Shi and Mr. Wang suddenly came to the door, and I didn't even say hello, so I was a little caught off guard...... Later, I forgot the time while chatting, and I made you wait for more than half an hour, which is really embarrassing, but I think you shouldn't bury me for this little thing! ”

Xia Yun really won't, smiled and said in a deep voice, "What conditions did Shi Guanglin and Wang Bin give you?" ”

After a pause, he added another sentence before Han Qichun answered, "With your pragmatic character, you knew that I would wait outside, and you chatted with them for more than an hour, which shows that the conditions they set made you very tempted!" ”

Han Qichun was silent for a while, then sighed and said, "Everyone is an old classmate, and I won't go around in circles, I talked to them about three conditions!" ”

"First, the company's valuation is 100000000000000000000000000000000......00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 They'll help you get a third-party payment license...... Although I haven't signed the formal documents yet, I have already agreed verbally, and the formal negotiation and signing will begin next week, and as shareholders, you and Anne Foundation can send someone to participate in this matter! ”

Xia Yun glanced at Han Qichun deeply and fell into deep thought.

Zheng Wei was also moved, "One billion! Voting Rights Proxies! There is also a third-party payment license! No wonder you just looked at them like a bustard to a prostitute...... This time, their sincerity is very sufficient, and it is clear that the carriage and horses will be directly with us! ”

After a pause, he looked at Han Qichun with some dissatisfaction, "Not to mention anything else, this AB share model and voting rights proxy agreement are clearly guarding against us, right?" ”

Han Qichun smiled and didn't refute, just looked at Xia Yun calmly.

If he still had a little guilt and weakness of betrayal about Xia Yun before, today he negotiated these three conditions, but when he faced Xia Yun again, he was very frank, and he thought that he had done nothing wrong.

In business, these three conditions are enough to give an explanation to Xia Yun and Anne Fund, and also make him determined to accept the venture capital of Zhongda Group.

Shi Guanglin's previous quotation valued Sihai Network at 250 million, but now it has directly quadrupled, which can definitely be regarded as a conscience price, and Xia Yun and Anne's investment in the fund have also returned richly...... Xia Yun's investment of 25 million has become more than 100 million in less than two months, and the return rate of Anne Fund is even higher!

Based on this alone, Xia Yun and the Anne Foundation have no reason to question his actions.

What's more, there are two additional conditions for the latter.

Nowadays, most enterprises, especially Internet companies, burn too much money before making a profit in the early stage, and the entrepreneurial model is different from the traditional methods in the past, most of them are borrowing chickens to lay eggs, and they need to continue to raise funds in the growth process of the company, and they also need to take into account the problem of equity dilution after the company's control is lost, and he Han Qichun is no exception.

A common solution to this problem is a two-tier shareholding structure, which is commonly referred to as the weighted voting rights and AB share model.

The most famous example of this shareholding structure is Google, where each A share has one voting right and B shares have ten voting rights each, and the founders Brin, Page and CEO Schmidt hold B shares, and investors hold A shares with different rights, which makes the three people control the company more than 50%, thus protecting the company from short-term pressure and bringing more flexibility to the company's long-term development.

However, if the founder has too few shares, and the AB share model cannot ensure its absolute control, a new model emerges, which is the voting rights proxy agreement that Han Qichun said.

Taking Facebook as an example, as of December 31, 2011, Facebook had issued a total of 117 million Class A shares and 1.759 billion Class B shares before going public. The company's founder, Mark Zuckerberg, holds 534 million Class B shares, or 28.4% of the total Class B shares. This ratio does not ensure Zuckerberg's absolute control, so the design of its two-tier shareholding structure also includes a voting proxy agreement, which all Facebook investors in the first 10 rounds of funding will need to sign with Facebook, agreeing to authorize Zuckerberg to vote on behalf of shareholders on certain occasions that require them to vote, and this agreement will remain in effect after the IPO is completed. With 30.5% of the proxy voting rights and 28.4% of his own Class B shares, Zuckerberg has a total of 58.9% of the voting rights and has absolute control over Facebook.

In addition to these two models, there are some other methods, such as Alibaba's partnership system, but considering the actual situation of Sihai Network, Han Qichun still chose Facebook's voting rights proxy model.

Now Sihai Network has only experienced two rounds of investment, a total of three shareholders, Han Qichun accounts for 61%, Anne Fund 27%, Xia Yun Charity Fund 11%, because of Han Qichun's personal friendship with Xia Yun and the reason that everyone did not care much about it in the early stage, did not implement the AB share model, but if investors are introduced, and the voting rights of investors are in the hands of Han Qichun, the rights of Anne Fund and Xia Yun Charity Fund are naturally weakened, Zheng Wei said that Han Qichun is not wrong to guard against them.

Han Qichun does not deny that in the development process of the company, Xia Yun has helped a lot and is very grateful, but brothers belong to brothers, business belongs to business, when some signs of trends appear, what to do and what to do, he doesn't want the company he worked so hard to create finally fall into Xia Yun's hands.

However, these two conditions certainly made Han Qichun excited, but what really made him decide to accept Zhongda Group's venture capital was the third condition.

Third-party payment license!

The third-party payment license, also known as the "payment business license", is an industry access system established by the central bank to regulate the development order of the third-party payment industry. Originally, payment was only between banks, UnionPay and central banks, but with the vigorous development of e-commerce, in order to support the normal conduct of online transactions, third-party payments with enhanced credit functions for online transactions have gradually developed, such as Alipay, which has formed a great influence in the payment system.

In order to strengthen the supervision of non-financial institutions engaged in payment business, the People's Bank of China officially promulgated the Measures for the Administration of Payment Services of Non-financial Institutions in June 2010. The Measures stipulate that non-financial institutions providing payment services need to obtain a Payment Business License in accordance with the regulations before they can become payment institutions. This is where the third-party payment license comes in.

This license is not something you can apply for if you want to, starting from the first certificate issued to Alipay in May 2011, the first batch of 27, the second batch of 13 in September, the third batch of 61 in December, and the fourth batch of 96 licenses in July this year......

There are thousands of related enterprises in the whole ****, and a total of 197 licenses have been issued so far!

And Han Qichun received the news that after this batch of licenses, for various reasons, the signs of tightening the approval are very obvious, and it will be more and more difficult to apply for a payment license, and there are even rumors that because the impact on the traditional banking industry is too great, the application entrance for a third-party payment license will be completely closed in a few years, and the existing licenses will begin to be rectified, and the unqualified ones will be banned!

With the qualifications of Sihai Network, it is fortunate to be able to successfully apply after two or three years under normal circumstances!

This is a big cake that Han Qichun can't refuse, and it is also the entrance ticket for the company to step into the field of capital and finance.

For the sake of this license, Ma Yun would rather bear the infamy of not abiding by the contract, and take advantage of the state's stipulation that the payment license must be domestic, bypassing the Alibaba board of directors and Yahoo and Softbank. For a total price of 332 million, Alipay was spun off and transferred to Zhejiang Alibaba Commerce Co., Ltd., a domestic enterprise controlled by itself, and the control agreement of Alibaba Group over Zhejiang Alibaba Commerce Co., Ltd. was terminated, and it was relatively independent from Alibaba Group.

This happened in 2011 Alipay equity dispute is boiling and attracting worldwide attention, and the forces of all parties have crossed the sea to show their powers, and the final wrestling result of a tearing war is that Ma Yun is backed by the country's superior technology, and Yahoo and SoftBank can only pinch their noses and admit it.

On July 29, Alibaba, Yahoo and SoftBank formally signed an agreement on the equity transfer of Alipay, Alipay continued to provide technical support to Alibaba Group, and Zhejiang Alibaba E-commerce Company promised to give Alibaba Group a one-time cash return after listing, with a return amount of 37.5% of Alipay's IPO price at the time of listing, and a return amount of not less than 2 billion and no more than 6 billion US dollars.

The minimum is 2 billion US dollars, and the cap is 6 billion US dollars, which looks like a large amount, but with Alibaba's development trend and the transaction volume of more than one trillion this year, when Alipay can go public or needs him to be listed, the market value of tens of billions of dollars is really no different from playing.

Even a complete outsider like Han Qichun can see that this wave, Yahoo and SoftBank have lost a lot!

After pondering for a long time, Xia Yun finally raised his head and looked at Han Qichun, "Qichun, if I resolutely disagree with Zhongda Group's entry, what will you do?" ”

Han Qichun was slightly stunned, seeing that Xia Yun didn't look like he was joking, his face slowly became serious, "Xia Yun, whether it is the company's equity structure now, or what we said at the beginning, the specific operation of this company is up to me, you can't interfere!" ”

"And the introduction of Zhongda Venture Capital, the company injected a lot of money, and got a third-party payment license, which is a great good thing for you and me and the company, I can't think of any reason for you to disagree!" (To be continued.) )