As the busiest air traffic hub in China, Jianghai City not only connects the routes to major cities in China, but also has direct flights between it and many cities in the United States. Representatives of Accel and Greylock, who were most interested in the talks, had flown from the United States to Jianghai two days ago. The next day, representatives from Tencent Investment also arrived.

As the headquarters of the company, Yidong City, after all, the foundation is too thin, so far there is not even a public airport, the locals want to travel by plane, either to Jianghai City, or to the provincial capital, the distance is about the same, the drive is more than two hours.

However, although the runway with first-class conditions and facilities in the headquarters park cannot be used for public flights due to procedural reasons, if you want to take off and land private jets or business jets, you can apply in advance, and there is basically no problem with the company's good relationship with the military and the Civil Aviation Administration.

This time, the Facebook delegates came on a business jet and landed directly in the Yidong Park. In the past two years, Facebook has paid more and more attention to the Asian market, and its branch in Xiangjiang, which is also the headquarters in Asia, has rented a small business jet for a long time, and parked it at Xiangjiang Airport when it is not in use on weekdays. This time, Xiaozha did not come, but let the CEO of Xiangjiang Company as a plenipotentiary representative. This is also an acquaintance, a foreigner named Tang Liyang in Chinese. Last time, when Chen Wenhao went to Xiangjiang to talk about cooperation with a law firm, he met him.

Tang Liyang arrived in Yidong, and immediately had a secret conversation with Chen Wenhao and the two for several hours, and then took a few assistants to take the spaceship specially dispatched by Infinite Future Company and flew directly to Jianghai. Regarding the secret conversation between the two, no more than one hand was known in the entire park.

After meeting with Tang Liyang on Facebook, Chen Wenhao was ready to leave for Jianghai the next day. Listening to Jin Wei's meaning, the representatives of the two companies A and G are already in a hurry, if he can't come, it is estimated that the representatives of the two companies will go directly to Yidong to find him.

Before leaving, Chen Wenhao received a call from Jim across the ocean, he was no longer the head of Accel, just a month ago, several major shareholders suddenly defected, he was kicked out of management and replaced by another manager. Chen Wenhao and Jim had a good personal relationship, and they specially communicated with him at that time, which was both a comfort and an inquiry, but Jim himself was also a little confused at the time, and he was still looking around for news. This time I called suddenly, obviously I had something to gain, and it had something to do with Chen Wenhao's side. Otherwise, with Jim's experience and the city, he wouldn't have to complain about anything with his ex-partner.

Hanging up the phone, Chen Wenhao thought quietly for a few minutes, and couldn't help laughing: These big conglomerates are really ruthless in doing things, not to mention the interlocking, and the tricks are endless, if you change to another company, I'm afraid it will really be a headache. It's a pity that I ran into me, so I'm afraid I won't want to get my wish.

When he arrived in Jianghai City, Chen Wenhao did not go to meet other shareholder representatives first, but went to the office of Kamodo Company to meet and talk with the management and employees, which took most of the day. During this period, Zhong Dandan, as an assistant, received several inquiries from representatives of A and G, but Chen Wenhao ignored them at all, and asked Zhong Dandan to think of something to perfunctory. At this time, the fools could see that Chen Wenhao was hanging on the character of the group of shareholder representatives.

It wasn't until the end that Chen Wenhao spoke, "Inform them, let's talk about something tomorrow." "Come to think of it, the people of the A and G families have been hung empty for three days, and the momentum has also been worn off a lot.

******

"Mr. Chen, it was not easy to meet you. In your Chinese words, "

Chen Wenhao curled the corners of his mouth slightly, looking at the foreigner in front of him who greeted him, about forty years old, wearing a crisp haute couture suit, and formal leather shoes with brogue carvings, he was definitely handsome in terms of skin, whether it was with Eastern aesthetics or Western standards. At this moment, the person in front of him had a smile on his face, and what he said was full of resentment from the content, but it seemed very sincere when it came out of his mouth.

An old fox! Chen Wenhao defined him in his heart.

It was this man named Jonathan who kicked Jim out through the joint attack of several major shareholders of the board of directors, and then took Jim's place and parachuted into the position of the boss of Company A. The public part of his resume can also be called glittering - graduated from Harvard MBA, Silicon Valley startup made the company public, and then took the first pot of gold to play angel investment, which benefited a lot, until this time he became the CEO of Accel, one of the most powerful companies in the IT venture capital industry in recent years.

At the same time, Chen Wenhao also has information that has not been made public: Jonathan's full name is Jonathan Mellon, and he is a direct descendant of the Mellon family, and he is also a candidate who is focused on cultivating by the family in the same generation. Jim was suddenly ousted, not only behind the activities of the Mellon family, but also Rockefeller, Morgan, and more sources of funds, and behind many shareholder units there are shadows of manipulation by major American conglomerates. And he estimated that the reason why Jim was replaced was related to the fact that the two had a good personal relationship, and the consortium was not worried about having a candidate who was inclined to the opponent in this key position.

In comparison, the position of Size in Greylock is much more stable, and Size is also one of the representatives of the visiting company this time. However, as a well-known venture capital fund, it is also impossible to avoid the influence of the consortium.

The above information is from Xiaoka. As far as it is concerned, as long as it does not violate its basic laws, the network cannot be so big. Like the flow of funds of several major shareholders behind Company A, once the real data is intercepted, it becomes easy to find the bookmaker behind it.

The atmosphere of the ensuing meeting was a bit somber. As a regular shareholders' meeting held at the end of each year, Jin Wei honestly reported the business situation in the past year, especially the situation in the last month, and the impact of a series of tactics of the opposition alliance on the business of Kamodo is indeed obvious:

Nearly half of the paid users of Kamodo Intelligent Software are from Europe and the United States. In the past month, the due payment rate of users in Europe and the United States has dropped to 40%, which means that sixty percent of users choose not to pay after the payment period expires. Previously, this indicator had never fallen below 80%. The due payment rate for domestic users has also fallen below 60%. Not only that, but all indicators such as the number of new users and the payment rate of new users are declining. In addition, the promotion of intelligent module customization business has also encountered resistance, and some European and American companies that have been negotiated have also begun to have an ambiguous attitude, and even directly overturned the agreement......

At the end of the report, everyone behaved differently. Facebook's Tang Lichao didn't say a word, and the Tencent representative looked down at the report paper, as if to find a flower on it. Only A and G are a little eager to try. Chen Wenhao's eyes swept over, and he didn't stop him, so he let you perform your own freestyle, "If you have any opinions, you can speak." ”

Jonathan and Si Ze exchanged glances, and Si Ze spoke as a representative, "May I ask Mr. Jin and Mr. Chen, in the face of IB competition and government pressure, does the company have any countermeasures?" ”

Jin Wei glanced at Chen Wenhao and replied, "The company is about to promote preferential activities and give a free trial period for a certain period of time to new and old users." At the same time, the company will also strengthen cooperation with local governments in China, and if the IB restricts us, we can also restrict them. ”

Jonathan answered, "Why bother to make you die? Isn't there a saying in China that 'harmony makes money'? He sat up straight and put his hands on the conference table, "I have some friendship with the senior management of IB Company, and if Mr. Chen is willing, I can be a peacemaker." In fact, IB is also interested in cooperating, there are only two suppliers in the market, so why tear each other down. ”

"What kind of cooperation is it?" Chen Wenhao was noncommittal.

Jonathan slowed down, "First, IB and Kamodo have cross-equity, the market value can be discussed, and a satisfactory amount can definitely be given, but the proportion cannot be less than 35%; Second, the two sides should open up AI technology to each other. As long as Mr. Chen agrees, the IB can ensure that the partners and the authorities change their minds; Thirdly, many companies in the United States are very eager to get a stable supply of high-performance batteries, if Mr. Chen can provide a new source of 8Gh of batteries every year, the price is calculated at the market price, and all your products will enter the American market without any hindrance. ”

He tapped his fingers on the conference table a few times and added, "Mr. Chen is a smart person, he must know how to give up a little equity, but he can reap more benefits and the market, and the management of the company is still in your hands." ”

These conditions are not only not hard to say, but quite sincere. If you change to someone else, you may have happily agreed, not only without losing the management power of the company, but also sharing the monopoly profits with competitors, and at the same time expanding the market size. It's a pity that it doesn't work for me.

Chen Wenhao smiled and did not answer directly, but asked, "If I remember correctly, your company is also a shareholder of Kamodo now, how can you make me feel like you are helping others speak?" ”

Jonathan shrugged, "I guess it's an illusion. In my opinion, these conditions are precisely what helps to protect the interests of the company. ”

"Perhaps." Chen Wenhao's face straightened, "But I don't agree." ”

"Mr. Chen, you don't pay attention to the rights and interests of shareholders!" Jonathan propped his hands on the table in protest.

Chen Wenhao shook his middle finger at him, "Considering that your new appointment may not be familiar with the business, I kindly remind you that please take a closer look at the part of the contract when A became a shareholder, about the voting rights of the board of directors." ”

Jonathan stood up, "I also want to remind you that if you insist on doing so, we can ask for a withdrawal of shares, although we do not have a majority of voting rights. In this market situation, the withdrawal of shares by shareholders will significantly reduce the value of the company's market value. And the American market, and even the European market, will be closed to you forever. Please also think carefully. ”

Chen Wenhao's expression remained unchanged, and he didn't pay attention to him, just looked around the venue, "Who else has the same idea, and you can also choose to withdraw your shares." ”

Company G's Si Ze also stood up and stood with Jonathan. After waiting for a while, seeing that the others still did not move, Jonathan glared at Tang Lichao fiercely, ignored the representative of Tencent Investment, and dropped a sentence, "Mr. Chen, I hope you don't act rashly, I look forward to your new decision", and left the conference room with Si Ze.

Chen Wenhao sat still and didn't move, A and G companies made this move, as he expected, it was just the old routine of saluting first and then soldiering. In fact, the main reason is that the opponent can use too few cards in the shareholders' agreement, when he signed the share transfer agreement, he not only firmly grasped the majority of the voting rights of the board of directors, but also had many restrictions on the transfer of shares by other shareholders, such as the inability to transfer shares without his permission. However, in order to make the rights and obligations relatively equal, it is also stipulated that once the performance declines sharply, the shareholder unit not only has the right to withdraw the shares, but Chen Wenhao has the obligation to buy the withdrawn shares at a price of a set coefficient. This setting coefficient is a bit complicated, in short, it is based on paying users and corporate revenue, and the current situation is that the value of this coefficient is about twice the price of the company.

It is estimated that the other party has also made two preparations for the use of a withdrawal of shares, one is to test Chen Wenhao's cash flow, if there is a lack of money to eat, there will be a lot of means to play in the follow-up, and the other is if Chen Wenhao's cash flow is sufficient, then after they completely withdraw, they will exert more ruthless competitive means to suppress the development of Chen Wenhao's company.

But they may soon discover that they are likely underestimating both Mr. Chen's cash flow and his coping methods.