CHAPTER XXXVIII

As soon as Lu Shengtang thought of this, he couldn't help himself.

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

Lu Qianqian said without thinking, I have never eaten pork, I have seen a pig run, the family is a business, 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 Lu Qianqian 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 Lu Shengtang'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!? ”

Lu Qianqian'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."

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

"Exactly 51 percent ......"

Lu Qianqian 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?"

Lu Qianqian'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?"

Lu Shengtang 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 are 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."

Lu Shengtang'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, Lu Qianqian 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 several other small shareholders, some came out with him, such as your Uncle Liu Wenshan Liu, and some were willing to stay in place at the cost of diluting their shares, as for the outcome, we didn't delve into it. ”

"Qianqian, you know, every industry, only see the first, there is no second, your father has opened up 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 cup circle, the past hard work 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, Lu Shengtang'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."

"It's not so much an agreement, it's more a rule set by your father."

As soon as Lu Shengtang thought of this, he felt that his eldest brother was indeed a person of great wisdom.

"What rules?"

Lu Qianqian actually guessed something at this time.

"That is, every shareholder shall not acquire or swallow up the shares of the original shareholder under any pretext."

"Although businessmen are all profiteering, only your father is unwilling to rely on additional investment to devour other people's bets, and he is a rare businessman who is willing to adhere to morality."

He was unwilling to betray his partners who trusted him and were willing to work hard with him for the sake of this money. This rule was actually set by him for himself, otherwise after so many years, with his financial resources, he would have easily annexed the shares of other shareholders, but he didn't. He was betrayed once, knowing full well that it was a painful realization, so he didn't want to use the same trap to trap those who were fighting against the odds to help him, this was his morality. ”

At this point, Lu Shengtang sighed proudly.

"Your dad, he's a big hero."

Lu Qianqian was silent, but there was also a shock on her pretty face.

"Dad is really amazing, but uncle, I still don't understand, why did you compete with Lin Yuxiang for Uncle Liu's shares in the first place?"