Chapter 280: I don't have a vocabulary to scold people
Yesterday, Vinegar Tan heard You Meng want to talk on the phone in the office, and also said that today the financial director of indle aromatherapy would bring someone over to OK Technology to talk "casually".
Why did the legendary "first round of negotiations" directly dispatch the big boss, Cheng Rin, the current CEO of indle headquarters?
At that time, it was well said that INDLE Aromatherapy this time was "meaningful", casually investing a little money, accounting for a small share, and reaching a substantive cooperation between the two companies.
Make the shareholder structure of OK Technology look more eye-catching, which is convenient for future financing and listing.
At the end of the day, OK Tech isn't as struggling as Vinegar Tan thought before.
Moreover, her boyfriend, Mr. OK, is in the London financing market, but everyone wants to grab the "golden bait".
Mr. OK has the chips to pick up the capital slowly.
This kind of small investment is even more trivial for the fragrance empire of INDLE.
Not to mention the CEO of indle, even if the financial director comes, it seems a little too grand.
At first, Vinegar Tan thought that You Meng wanted to take him to greet him, in response to this kind of grandeur.
turned out to be much more "grand" than she expected.
What's going on?
Is it because of Zuo Zai's cousin's super influence at the INDLE headquarters?
Or is there some reason why Vinegar Tan doesn't know about it?
Vinegar Tan has a particularly bad premonition, and she is still the kind of person who has a hot sixth sense.
Sure enough, after a negotiation that was originally just very casual, indle Aromatherapy directly controlled OK Technology and bought most of the shares in You Mengxiang's hands.
You Meng wanted to come out after the meeting and say that OK Technology and indle Aromatherapy hit it off, and it would be equivalent to becoming a subsidiary of indle Aromatherapy in the future.
You Meng wanted to also say thank you.
The cousin who has vinegar Tan sits in the middleman, and the whole negotiation is different.
indle Aromatherapy directly used the current valuation to buy 50% of the OK Technology shares in You Mengxiang's hands.
This is a very generous act, and buying 50% with a whole valuation means doubling the company's valuation and then buying it.
took the pro who could have bought the entire company, and got half of the shares of OK Technology.
You Meng wanted to say as if it was a great thing, but Vinegar Tan was not stupid.
She had no way of accepting and understanding this sudden outcome.
There is nothing wrong with indle technology only taking half of the equity of OK Technology, but what is the difference between this and buying the entire company?
Vinegar Tan has seen the shareholding structure of OK Technology, although You Mengxiang is the only source of entrepreneurial funds, but You Mengxiang originally only accounted for 71.2% of the shares.
The remaining 28.8% of Youmeng wanted to use technology shares to distribute to the entrepreneurial team and the laboratory in cooperation with Imperial College London at the beginning of the business.
Vinegar Tan couldn't understand the smell of numbers before, but after studying it for more than a month, he already knew very well that what You Meng wanted to do now would have infinite possibilities in the future.
As soon as you open your mouth, you have to buy 50% of the shares, what is the difference between this and the lion's big mouth?
There is nothing wrong with doubling the current valuation, but the entire market and technology of OK Technology are now in a reserve period, and in the foreseeable future, it will enter an explosive period.
The valuation of OK Technology may increase many times in the short term, which is why You Meng wants to insist on not raising funds too quickly.
You Meng didn't think about "selling" the company at all, otherwise he wouldn't have even accepted the investment of Yuri Milner, the "global godfather".
Not to mention anything else, if you want to increase the valuation and accept Yuri Milner's money, the valuation may skyrocket in an instant, and it may more than double.
Vinegar Tan built a bridge for his cousin's investment in OK Technology on a whim, how did he make You Meng want to "lose" the company?
Did Cousin Zuo Zai already know that there would be such a situation?
Why is it completely different from what was agreed between them?
This is simply an act of "killing ripeness".
It is not the first time that Shuai Youyou has negotiated with the "capital".
You Meng thinks it's not that he doesn't have a penny, but only one idea, a self-made entrepreneur.
He has always been relatively cold towards investors, except for the "global godfather", most people who want to invest in OK Technology are avoided.
Hearing that You Meng wanted to say that he promised to sell 50% of the shares to Indle Aromatherapy, Vinegar Tan was directly frightened.
You Meng wants to have only 21.2% of the shares left, which is equivalent to making You Meng want to give up the controlling stake in the company he founded.
The development of a company is risky, and there is nothing wrong with this statement.
This is also why angel investors can get a lot of shares with a small amount of money.
The further back you go, the more money you need in round A, round B, round C, and round D, but you get fewer and fewer shares.
But it is rare to take 50% of the angel directly on the first investment.
Such an equity structure can easily make entrepreneurs lose the motivation to start a business, not to mention, it will also bury huge hidden dangers.
With a new structure, it is difficult for You Meng to have the possibility of dilution of the shares in his hands.
This means that it will be difficult for OK Technology to get other investments in the future.
The founders will also lose control over the direction of the company.
If this is the life and death of the company, if you don't take this money, you will not be able to pay wages and will go bankrupt, so it is still understandable.
But OK Technology, which You Meng wants, is not very short of money, and it is not at the threshold of life and death.
You Mengxiang has never asked for angel investment, and has persisted until now.
Xiao Vinegar knew that he was unprincipled towards Shuai Youyou.
Could it be that You Meng wanted to pimp his own thing, and he became unprincipled, right?
Vinegar Tan's heart is very uncomfortable.
What happened in just two and a half hours of the meeting?
If she had known this, she would definitely participate in today's meeting regardless of her identity.
Maybe she couldn't understand anything, she couldn't do anything, but she could at least stop You Meng from wanting to sign such an outrageous transfer agreement.
Vinegar Tan was full of depression, she studied medicine in college, and learned to the point of being a little isolated from the world.
So much so that her sensitivity to business now is estimated to be not as high as when she lived in Xiamen in junior high school.
Before the coming-of-age ceremony, at home, I can often listen to Vinegar Daddy talk about some company things.
In the past few years, Vinegar Tan has abandoned almost everything except medicine.
Vinegar Tan wants to scold people a little, but the last thing Vinegar Tan has been wanton from small to big is scolding.
If you want to scold people, you don't have a sense of vocabulary, which makes the degree of grievance of vinegar Tan further rise.
After hearing that You Meng wanted to sell 50% of the shares, he couldn't listen to anything else, so he called Zuo Zai's cousin immediately.