Chapter 66 Financing Negotiations
Chapter 66 Financing Negotiations
Lin Yaxian, wearing an elegant celadon-themed halter dress, walked in slowly and said, "The phone you made is even better than I thought. When your phone is on the market, I will definitely buy one!"
Xu Shenxue smiled and said, "When the Pro version is ready in a few days, I'll give you a Pro version. How about the pink and purple one?"
Lin Yaxian said: "Okay, thank you in advance!"
The two men sat on the sofa and had just exchanged a few words when there was another knock on the door. Then an assistant came in: "Boss Xu, the investors have gone upstairs and are waiting in the conference room!"
After hearing this, Lin Yaxian immediately said, "You go and do your work first, I want to go back too!"
"I am very happy today to witness the birth of the first smartphone for Chinese people!"
Xu Shenxue looked at the time. It was about five o'clock. He wanted to have dinner together later, but seeing how impatient those investors seemed, he was afraid that he would have to talk with them for a long time tonight.
He immediately said, "I'm afraid I'll be busy until late. I'll ask the driver to take you back, and then we'll check on the situation in the evening. Let's have a midnight snack together if we have time!"
Lin Yaxian said: "There's no need to arrange a car. The driver at home is already waiting downstairs. As for the midnight snack, I'll arrange it for you? A small celebration for you?"
Xu Shenxue said: "Okay, I'll call you when I'm done here!"
After hearing this, Lin Yaxian turned around and walked out.
When he was leaving, he happened to see Secretary Li, and immediately smiled and said, "Secretary Li, Brother Xu and I have an appointment to have a midnight snack to celebrate tonight. I want to do a small show to liven up the atmosphere. Do you have any recommendations?"
After hearing this, Secretary Li paused for a moment and said, "Ms. Lin, I don't really understand this either..."
Lin Yaxian looked puzzled after hearing this: "Oh, is that so? I thought you were a professional and knew more. If that's the case, there's nothing I can do. I'll find someone else to do it!"
"By the way, Brother Xu might be too busy to eat later. I'll arrange for someone to bring dinner over. You can pick it up then!"
Secretary Li said, "Well, Mr. Xu... Mr. Xu usually orders working meals from Yunhai, so there's no need to deliver..."
Lin Yaxian said: "The food cooked by the chef at home is always cleaner and more sanitary than that cooked outside. Just hand it over and I will tell him!"
After saying that, without waiting for Secretary Li's response, he stepped out and nodded and smiled at Secretary Li: "Secretary Li, goodbye!"
Secretary Li smiled and said, "Ms. Lin, take care!"
At this time, Secretary Qian appeared from the office next door and said, "Is this Mr. Xu's girlfriend? She's so powerful, it's scary to look at her..."
Secretary Li saw Secretary Qian like this and immediately said angrily: "If you also have a billionaire father, you can also be so powerful!"
They were all women who wanted to climb into Mr. Xu's bed, but Secretary Qian was hiding because she was not an accompanying secretary... And today she had to follow Mr. Xu, and was poked by Miss Lin from time to time...
Damn, as a personal secretary, do I have to endure this kind of humiliation?
Suddenly, she had the urge to resign...
Don't get me wrong, I just said that I was simply resigning from my job, I didn't say that I wanted to leave Mr. Xu's big golden leg. We have massaged each other so many times, how could I leave easily? That would be stupid!
But Secretary Li was also worried. If he resigned, he would have less time to see Mr. Xu, and what would happen if Mr. Xu forgot about him?
He doesn't look like a sentimental person!
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On the other side, Xu Shenxue had also arrived at the large conference room of Zhiyun Technology next door. There were about twenty or thirty people in the conference room at that time.
In addition to representatives from multiple investors, there were also senior executives of Zhiyun Technology such as Kong Weiquan.
After Xu Shenxue entered the conference room, the door was closed because the conference room was well soundproofed, and the curtains were drawn. People outside had no idea what was being discussed inside, and could only occasionally hear more intense voices coming from inside, but they couldn't make out what was being said.
Occasionally someone would come in to deliver coffee or tea. The place was filled with smoke and there was a group of men in suits, many of whom were smoking, and many of them had red faces!
However, everyone in the entire company is actually paying attention silently!
Because they all know that a financing negotiation that will determine the fate of the company and their fate is taking place inside.
The financing negotiations between Zhiyun Technology and various investment companies actually began in January, and even the due diligence had been carried out and completed in advance.
The remaining differences between the two parties are nothing more than valuation, financing quota, share distribution and other issues.
Although both parties have reached a clear intention on investment and investment is certain to take place, the specific method of investment still needs to be discussed.
Because this is a huge financing with a minimum financing amount of hundreds of millions of US dollars, the valuation of the entire company may reach 1.1 or 1.2 billion US dollars.
Converted into Hua Xia Garden, this would mean an estimated value of 70 to 80 billion!
A huge number that countless people would never even dare to hope for in their lifetime!
Such a huge scale of financing, not to mention one percentage point, even a few hundredths of a percentage point, would involve millions of dollars, or even tens of millions or even more in future profits.
The discussion among all parties was quite tangled.
Around seven in the evening, the two sides adjourned the meeting temporarily. A group of people from the investment fund went to have a working lunch and contacted their respective headquarters to discuss negotiation strategies.
Xu Shenxue and other people from Zhiyun Technology also had their meals separately and discussed follow-up countermeasures.
At this time, the dinner that Lin Yaxian had arranged for someone to deliver also arrived. It was typical home-cooked dishes, and there was also a very good traditional soup.
Xu Shenxue sent a message in reply to express his thanks, and then started to eat. The food tasted quite good, relatively light, and quite different from what he ate in a restaurant outside.
Because there were a lot of meals delivered, Xu Shenxue simply invited Kong Weiquan, the financing general, to eat together.
The two people talked while eating.
Kong Weiquan said: "The valuation of 1.15 billion US dollars is probably their bottom line. It's hard to negotiate any higher!"
"As for the share, it's not a big problem. Giving up 15 percentage points in total will allow us to obtain sufficient funds!"
“As for the option pool, it will be established by all shareholders after the A round. Although they objected to this, I don’t think it will be a big problem!”
Xu Shenxue also said while eating: "We should try our best to get a higher valuation. With an additional 100 million or 200 million in valuation, we can get hundreds of millions or even tens of millions more in financing, which can do a lot of things!"
"We have many places to spend money later. If the funds raised this time are not enough, I am afraid we will have to raise funds again soon. We should raise more at one time to support the company for a longer period of time, and then raise the valuation. In this way, we will have more initiative when we conduct the B round!"
"Talk as much as you can!"
"Now that the product has been released, we are waiting for the money to mass produce and conduct subsequent research and development of the flagship phone. Every day of delay will affect the future development of Yifen Zhiyun Technology!"
“We know it, but they know it too!”
"So now it's not just us who are anxious, they are anxious too!"
(End of this chapter)