Chapter 312 Competition for Equity
The next day, Yao Le woke up from a hangover and rubbed his aching forehead, his thoughts still a little hazy.
After calming down for a while, Yao Le reached for a bottle of water, unscrewed the cap and took a sip.
Then I looked up and found that it was almost noon, and suddenly I woke up with a jolt.
Oh, Yao Le, Yao Le, we can't continue to degenerate like this, we still have business to do.
Yao Le hurriedly searched for his clothes and reached out to touch but couldn't find it. He hurriedly jumped out of bed and started looking for it.
After looking around, I only saw a new set of clothes on the table, with the labels on them not cut off.
And the wallet and mobile phone are right next to it.
Yao Le rushed over to grab his phone and found that it had been turned off. He pressed the power button hard but couldn't turn it on, and he began to panic.
When I reached out to touch my wallet again, I found that it was wet and all the bills inside were soaked in water.
Yao Le was stunned. What happened?
After he put on his new clothes and left the room, he bumped into Song Daorong.
"Boss Song." Yao Le walked over eagerly, "What happened yesterday? My clothes..."
"Oh." Song Daorong smiled, "Little Yao, There's nothing you can do. You drank too much last night and when you were returning to the hotel with your assistant, you accidentally fell into the fountain and got soaked all over."
"I asked someone to buy you another one. Put on new clothes. The hotel took your clothes to be washed.”
"Ah?!" Yao Le was confused. He fell into the fountain after drinking too much last night. Why didn't he remember it?
Song Daorong asked with concern: "What, did you lose something? I remember I picked up my wallet for you."
"It's not about money." Yao Le was anxious, " It’s my cell phone.”
“Oh, it’s probably soaked in water,” Song Daorong said casually, “It doesn’t matter, Xiao Wang, bring me my spare cell phone and give it to Boss Yao.”
< br>The assistant immediately took out a golden mobile phone, Nokia 8800, from his briefcase.
"This..." Yao Le was a little embarrassed, "Why is this so embarrassing?"
His own mobile phone only costs more than 2,000, and this phone is worth 8,800.
"It's just a mobile phone, take it and don't delay the business." Song Daorong said nonchalantly.
Yao Le quickly took the phone, pulled out the SIM card from his phone and inserted it into the new phone, and then started to look through the address book.
“Hey, why can’t I get through?” Yao Le tried repeatedly, and finally found that the SIM card seemed to be broken.
Yao Le was immediately dumbfounded. He had agreed to meet with Editor-in-Chief Liu of Xiangnan Satellite TV today. What should he do if he can't contact him now?
......
Editor-in-chief Liu glanced at the retouching fee on the table inadvertently, his eyes full of surprise, "Has Kuaibo acquired PP Company?"
" After the acquisition, we are now a company." Liu Yuanrui said with a smile, "They are a small company with few people and equipment, so it is difficult to achieve great things. Only by joining the big platform of Qvod can we develop better."
Editor-in-Chief Liu’s eyes fell on the polishing fee, and he thought thoughtfully, “Then you did this online simulcast project instead?”
"No." Liu Yuanrui explained, "They are still doing this project. We brought them here just for this project."
"They just changed the company. What should be done and who should do it has not changed. , it’s just that the name of the company that signed the contract is different.”
Editor-in-Chief Liu smiled, “That’s it, the brand was changed after a long time.”
For Editor-in-Chief Liu. For us, the current situation couldn't be better.
Anyway, the above said hello that the project should be given to Yao Le and others. It doesn’t matter whether they are called PP Company or Kuaibo Company, they just need to be the same person.
After signing the contract with Kuaibo, you can still get the refinancing fee, and it will not violate the above meaning. This is simply a win-win-win situation.
Editor-in-Chief Liu swept the table without leaving a trace and cleaned it up, "Then sign the contract quickly and finalize this matter as soon as possible."
2005 Super Auditions for female vocalists started in March, and it's already June now, and three of the five major singing areas have completed the finals.
The national finals will begin in mid-July, and they will be broadcast live nationwide on Hunan Satellite TV.
If we don’t hurry up and delay for ten days and a half, it will be too late by then.
Liu Yuanrui was overjoyed when he heard this, "Thank you very much, Chief Editor Liu, and wish us a happy cooperation!"
Turning his head, Liu Yuanrui picked up his phone and called Qin Shaoyan, "Mr. Qin, I have taken over Xiangnan Satellite TV. "Hmm?" Qin Shaoyan was a little confused, "What did you do?" It's been done by us!" Liu Yuanrui said with a smile, "We have made an agreement with you and we can sign the contract right away."
Qin Shaoyan was stunned for a moment, "How did you do it? ”
"Yes, although there were some twists and turns in the process, luckily I lived up to my destiny!" Liu Yuanrui said proudly, "Spend some effort on public relations, plus a little bit of life experience and business wisdom."
"Jiang is still old It's so spicy!" Qin Shaoyan praised, "Our people from Qvod.com are in Tanzhou. I'll ask them to join you."
"In addition, I will ask Kou Hongfei to fly over today. What's the matter? You can just go to him directly.”
“Brother Liu did a great job in this matter.”
This matter was indeed beyond Qin Shaoyan’s expectation. He had killed Liu Yuanrui before. To send them away is to find them something to do.
He placed his main hope on Edward's team, but what he didn't expect was that Edward, who had always been invincible, made no progress at all.
But the three coal bosses went on a killing spree and actually won the team battle after a quick operation.
Although Qin Shaoyan didn't know how they won, they did win.
The people from Qvod.com quickly signed a contract with Xiangnan Satellite TV, and the two parties formally reached a cooperation.
At the same time, Qvod.com held discussions with Hunan Satellite TV on further cooperation between the two parties, and the other party also expressed great interest.
Qvod.com is the largest video website in China, with more than three million registered users and hundreds of thousands of active users every day.
Not only that, behind Qvod.com is the largest social platform in China, Campus Network.
Campus Network has expanded rapidly on the Internet in the past two years, with nearly 10 million registered users, making it the top social platform on the Internet.
This top streamer is the only one, no one else.
The traffic of various BBS, communities and blogs that are popular nowadays is not as high as that of the campus network.
Other websites find it difficult to understand why the campus network is so popular.
Is the campus network that interesting?
Xiannan Satellite TV doesn’t care why the campus network is so popular. They only care about what benefits this largest social platform on the Internet can bring to them.
The bigger the platform, the bigger the influence.
The campus network is also the most popular and active social platform, so advertising on it is naturally much better than other social networking sites.
At the same time, the user groups of the campus network are all school students, basically young people, who are potential users of Super Girl.
Qubao.com also proposed a series of publicity plans, including hot search topics, website linkage activities, Internet voting, PK rankings, etc. It can be seen that they are well prepared.
After a short discussion, Xiangnan Satellite TV quickly reached a cooperation agreement with Qvod Network and Campus Network.
......
"What? Qvod.com?!" Yao Le was dumbfounded after hearing the news.
He wondered if he hadn't woken up.
Who am I?
Where am I?
What happened?
A lot happened in just one day.
The original agreement to cooperate with Xiangnan Satellite TV was blocked, and the contract was signed very quickly, so he didn't even have time to react.
"Drinking will cause trouble!" Yao Le slapped himself hard on the forehead.
If I hadn't been drunk, I wouldn't have fallen into the fountain or broken my phone.
If the phone is not broken, I will not lose contact with Chief Editor Liu.
If we don’t lose contact, this cooperation will not be snatched away by Qvod.com. Such a good opportunity was missed.
When Yao Le was feeling regretful, Song Daorong appeared again, persuading him with gentle words: "Brother Yao, isn't it just a cooperation? If you don't achieve anything, it won't happen. Why should you be so depressed?"
< br>“This shopping mall is like a battlefield. Everyone makes mistakes. I don’t always succeed in doing business.” Luck.”
“It’s better to come back next time. Opportunities are everywhere in this era.”
"What you have to do now is not to be angry here, what you have to do is to look for the next opportunity."
Yao Le also knew that what Song Daorong said was right, but he still blamed himself in his heart.
"I have also inquired about this matter. Hunan Satellite TV chose to cooperate with Qvod. It is obvious that Qvod can bring them more benefits." Song Daorong began to analyze, "What do you want? Ah, you are just a small company that has just been established, with only a few users in total.”
“Renjia Kuabo.com has millions of users, it is the largest video website in the country, and it also cooperates with a campus network. Why are you comparing yourself to others?”
“Xiannan TV dislikes the poor and loves the rich. This is human nature.”
Yao Le sighed. He also knew that in terms of strength alone, his small company could not compete with Kuaibo.com.
It’s just that this time I lost a little unfairly.
Originally, he wanted to win the cooperation with Hunan Satellite TV. This would give him more confidence when talking to investors and give them more confidence. By the way, he could also raise the price when talking about valuation.
Now that the cooperation has failed, it is inevitable that investors will have other ideas.
When Yao Le was thinking wildly, Song Daorong said with a smile: "The past is in the past, we still have to talk about our affairs."
"Ah?" Yao Le was a little confused, "What's the matter?"
"Of course it's about financing. Are you stimulated by the failure of the cooperation?" Song Daorong asked.
Yao Le was surprised and delighted, "Boss Song, are you still willing to invest in our company?"
"Of course, otherwise why would I follow you everywhere?" Song Daorong pretended to be displeased. , "I'm not full."
"This, this, this, I didn't mean that." Yao Le was so excited that his thoughts were confused, "How much are you willing to invest?"
"Think about the two conditions yourself." Song Daorong stretched out two fingers, "The first condition is a valuation of ten million."
Ten million?
Yao Le's heart almost skipped a beat with excitement. At the beginning of the year, his company's valuation was only four million, but now it has more than doubled.
“But we want 40% of the shares.” Song Daorong said calmly.
“Huh?!” Yao Le almost jumped up and asked for 40% of the shares. Then we will have no fun in the future.
"If you are unwilling, you can listen to the second condition." Song Daorong said with a smile, "I will give you five million, and you will sell the company to us in cash and pay it off in one lump sum."
" After we take over the company, you can all stay, or you can get some options, how about that?"
Yao Le was stunned for a while.
……
It wasn’t just Yao Le who was confused after hearing the financing conditions, the rest of the PP company’s entrepreneurial team were also confused.
Jiang Mingsheng sat in the main seat, holding a wine glass and said with a smile: "This is the situation, please think about it carefully."
Other members of the team immediately started a heated discussion.
Now there are two conditions before them. One is to agree to let the coal boss buy shares, but 40% of the shares is definitely not acceptable. They can give up 30% at most.
The disadvantage is that too many shares have been given away, which will be disadvantageous for subsequent financing.
The advantage is that a large amount of funds can be obtained in a short period of time, which can allow the company to develop quickly.
The other one is to sell the company, cash out directly and get 5 million, and then divide it among several people.
The disadvantage is that he changes from a company partner to a senior wage earner and loses control of the company.
The advantage is that everyone can get a large amount of money quickly, can continue to work in the company, and can get some options, and they don’t have to worry about financing in the future.
Then the team soon had disagreements, and some people supported the coal boss to take shares.
Some people want to sell their shares directly and cash out. After all, starting a business is too tiring, the initial income is not much, and the risks of starting a business are high. It is not certain whether it can succeed.
Soon everyone fell into a fierce quarrel. No one could convince the other, and no agreement was reached in the end.
Jiang Mingsheng told Liu Yuanrui what happened and asked what to do next.
Liu Yuanrui chuckled, "Do you think they are willing to sell the company?"
"I think it's quite embarrassing." Jiang Mingsheng scratched his head.
It is true that young people are passionate and easy to fool, but it is difficult to change the things they are sure of, especially when some people are living on their dreams and it is difficult to buy them with smaller profits.
Some people in the team just want to start a business, dream of becoming the second Bill Gates or Qin Shaoyan, and insist on sticking to the company to start a business.
"It doesn't matter. If you don't want to sell, don't sell." Liu Yuanrui was not anxious at all. "Call those who are willing to sell and buy their shares privately."
"Then what? "Jiang Mingsheng asked.
"Then we will continue to talk about financing. It would be good to get 30% of the shares." Liu Yuanrui smiled slightly, "As long as we hold more than 33% of the shares, we will have a veto power."< br>
“With a veto power, they can’t even try to accomplish anything, they will all be messed up by him.”
"The company is struggling to survive. They don't even want to sell it. They can buy it cheaper at that time."
Jiang Mingsheng laughed, "This is called luring the wolf into the house."
"A few College students are still young and don’t even know how to play with company equity but they still want to start a business.” Liu Yuanrui sneered.
Jiang Mingsheng quickly contacted several partners individually and reached an intention to purchase some shares.
After bargaining, Liu Yuanrui, Song Daorong and Yao Le finally reached an agreement. The three coal bosses exchanged 3 million RMB for 30% of the equity.
Then adding the equity taken from other people, the equity of the three coal bosses reached 34.5%.
At first Yao Le and others didn't think anything, but soon they saw the dangers of the three coal bosses.
The first thing the coal boss did when he came up was to ask for an audit of the accounts. Yao Le and others were immediately confused.
Account checking, what account should be checked?
The financial systems of start-up companies are not perfect, and they do not have this awareness. Don’t expect a group of college students who have not yet graduated to sort out their accounts.
Moreover, the accounts of start-up companies in the early stages are a mess, and it is impossible to check them clearly.
The coal boss showed a very tough attitude at this time. If the accounts are not checked clearly, the company will stop doing it and all business will be suspended.
Then a professional audit team was stationed in the company. The number of the entire audit team was twice that of the company's employees. After arriving, they audited the accounts vigorously and in detail.
The audit team checked for a week and couldn’t sort out the bad debts. However, they were not in a hurry and still strictly implemented the shareholders’ requirements.
But Yao Le and the others collapsed, how can they work if they continue to investigate like this.
The audit was just the beginning. The coal bosses soon launched another attack. They proposed to remove Yao Le from the position of general manager on the grounds of their mistake of not winning the cooperation with Hunan Satellite TV.
Of course, this proposal was quickly rejected by the entrepreneurial team that controlled the majority of the shares.
But the coal boss resorted to another big move and launched a lawsuit against Yao Le and others.
Yao Le and others were almost crying, they all found it difficult to understand.
Are these coal bosses investing millions in the company just to destroy it?
What good does this do to coal bosses?
(End of this chapter)