Chapter 271 Passing by
Chapter 271 Passing by
Ordinary People Culture Media Co., Ltd.
The atmosphere in the conference room was warm and solemn.
Tang Song pushed the door open and walked in. "Sorry, I just had something urgent."
"It's okay, it's okay, Mr. Tang, please take a seat, and let's continue!" Liu Fangbo stood up and waved his hand with a smile.
Lin Muxue quickly stood up and helped Tang Song pull out the chair.
After everyone sat down again.
Liu Fangbo continued: "Boss Tang, we are very sincere, and we also feel your importance to ordinary people.
Our company has abundant distribution resources and the professional team that Liyuan brought from Hangzhou, and I personally have some shares in the Yancheng Ancient Town Film and Television Base.
The short drama track is still in its infancy, and we have great potential in the future.
It can be said that all we lack is funding.”
"Yeah, I understand." Tang Song nodded slightly and looked at the documents in his hand.
The pre-investment valuation is 4000 million.
The company originally planned to raise RMB 1000 million in its Series A round of financing.
In this way, Liu Fangbo, who owns 68% of the shares after financing, will still have absolute control over the company and will be able to continue to maintain control over the company in the next round of financing.
However, after more than an hour of contact, his attitude changed significantly.
Relaxed and reasonable investment terms, clear obligations and powers, trust and support for the company's management...
The letter of intent provided by the other party was very reasonable and complete, and the attitude was very sincere, which were things that other investment institutions had never given.
Of course, what is more crucial is the strength demonstrated by Tang and Song.
After a brief negotiation, Liu Fangbo sincerely expressed that if possible, he hoped to increase the amount of financing this time.
Adequate financial support will also allow the company to reap the big piece of fat in the short drama market as soon as possible.
"Mr. Tang, you can carefully consider this." Liu Fangbo looked at him and said, "Even if we don't agree, we are very willing to implement the existing agreement."
After Tang Song pondered for a moment, he whispered to the investment manager beside him.
For investors, increasing investment to acquire more equity is a very risky thing.
It is necessary to comprehensively consider the value and potential of the invested company, the competitive situation in the industry, and the impact of excessive control on the founding team.
The system task [Capital Newcomers] has very strict requirements for effective venture capital.
He needs to participate in person to truly complete reasonable investment.
...
At noon.
After further negotiation between the two parties.
Tang Song stood up and stretched out his hand with a smile, "Mr. Liu, Mr. Guo, I wish us a smooth cooperation. I believe in your team and project, and look forward to fruitful results in the future."
Liu Fangbo and Guo Liyuan breathed a sigh of relief, their faces filled with joy that was difficult to conceal.
"This is an important step for our Fanfusuzi Culture Media to move towards glory. Thank you Mr. Tang for your trust and support!"
“It’s been a pleasure working with you! Our skit team will never let you down!”
Guo Liyuan's voice trembled slightly with excitement.
The final negotiation results far exceeded their expectations.
Tang Song will invest 2400 million yuan in one go. After the new TS (letter of intent to invest) comes out in the afternoon, we can start preparing for DD (due diligence).
Everything was many times better than she had imagined.
After this round of capital increase and share expansion, the new equity structure is: Liu Fangbo (53%), Tang Song (38%), and Guo Liyuan (9%).
The post-investment valuation is 6400 million yuan.
There is no board of directors for the time being, and Liu Fangbo will still serve as the executive director.
Tang Song has a veto power on major matters, as well as the right to know, the right to participate in decision-making, the right to supervise, the right to priority liquidation, etc.
The sunlight shines through the clouds into the conference room, forming patches of golden light.
As the CEO of a company valued at 6400 million yuan that is about to complete its Series A financing, Guo Liyuan, who is only 26 years old, is excited.
Looking at Tang Song, this alumnus who was as bright as a star, he shook the other's hand vigorously.
A new chapter in her life is about to begin.
All those young talents who once chased after her will be left behind by her.
This is the benefit of following the right people and choosing the right track.
Thinking of this, she took the time to send a message to Shen Yuyan, who was far away in the imperial capital and was also negotiating a letter of intent for investment.
...
Xu Qing stood there in a daze, eyes full of shock and disbelief.
The company is valued at 6400 million, so wouldn’t her 2% option be worth 128 million?
No way? No way?
I became a rich woman in the blink of an eye?
Of course, there is still a long way to go before options can be converted into equity, and she will also need to invest in the purchase based on a valuation.
But for her, a little money-grubber, the sudden surge in her net worth brought an incomparable shock.
She didn't do anything! She just owned a huge amount of hidden assets!
Um, that's not right! I gave Tang Song 4090!
Just as netizens said, this is a super artifact for boys!
Xu Qing clenched her fists excitedly, her eyes sparkling.
Why not give him another one!
"Xu Qing." A pleasant voice sounded in her ears, interrupting her YY.
When I looked up, I saw the tall and sexy Lin Muxue approaching me.
There is an intellectual and elegant smile on her face.
"Well, what's wrong, Ms. Lin?" Looking at her anxious look, Xu Qing couldn't help but pouting.
The damn green tea girl Liu Ruyan wants to bully my Qingqing again!
This is because Yanyan is not here, otherwise Xinjiyan would definitely give you some eye drops!
Lin Muxue raised her eyes slightly, took out a gold-stamped business card from her briefcase and handed it over.
In a gentle and friendly tone, she said, "Just call me Xiaoxue or Luna. This is my name tag. We can add each other on WeChat later."
Looking at the cute Xu Qing opposite her, she noticed Tang Song's gaze scanning over her.
She took Xu Qing's arm affectionately and put the business card in her hand.
No matter what, she must behave better in front of Tang Song and show her absolute loyalty to him.
However, if you really encounter this situation in the future, don’t blame me, Emperor Mu Xue, for slapping you in the face!
"Okay, thank you." Xu Qing took the high-quality business card and glanced at it.
【Lin Muxue, Senior Assistant of the Trust Committee of Slover (HK) Trust】
As a legal officer, Xu Qing naturally knew what this position meant, and subconsciously felt a little weak.
Lin Muxue raised the corners of her mouth, and after chatting with her for a few more words, she returned to Tang Song and quietly served as a foil.
Xu Qing let out a breath.
I took out my cell phone and started sending messages to my bestie.
……
Imperial Capital, Win-Win Technology Co., Ltd.
"The success of this financing is the result of everyone's joint efforts. I believe it is also a new starting point for Youjie Housekeeping's brilliant future!" Ren Mingyuan had a bright smile on his face.
There was warm applause in the conference room.
The originally tense atmosphere instantly became relaxed and pleasant.
After congratulating each other and exchanging pleasantries for a while, everyone set off for the banquet hall.
The company’s pre-investment valuation is 1300 million yuan.
The original equity structure of the company was: Zhang Tianqi (42%), Shen Yuyan (40%), Hou Shaoyuan (14%), Li Meixia (2%), and Wang Ning (2%).
Gongying Technology invested 600 million yuan, and Hou Shaoyuan followed with 100 million yuan.
The current equity structure is: Win-Win Technology (30.4%), Zhang Tianqi (27%), Shen Yuyan (26%), Hou Shaoyuan (14%), Li Meixia (1.3%), and Wang Ning (1.3%).
The company's founding team still retains absolute control of the company.
However, Win-Win Technology has added requirements for amendments to the company's articles of association in its investment terms, which will give it a veto over major matters.
In addition, there are strict confidentiality agreements, non-competition clauses, anti-dilution clauses, equity repurchase clauses, etc.
There are even restrictions on changes in the company's equity structure and adjustments to its business direction.
Looking at the signed "Letter of Intent to Invest" in his hand, Shen Yuyan felt relieved but also a little uneasy.
The biggest problem is naturally the clause of "payment in two batches".
After all, there is only one sign of the success of financing, and that is the arrival of funds. But at this point, this is the best result they can get.
I hope everything goes well in the future!
...
In the luxurious and spacious banquet hall.
“It’s been a pleasure working with you. You three are all very outstanding young people. I look forward to your future.”
Zhao Hongkai, the current chairman and CEO of Win-Win Technology, attended the event in person, pushing the atmosphere to its peak.
He is an angel investor of Win-Win Technology. In subsequent rounds of financing, he gradually replaced the original founding team and became the boss of the company.
In fact, except for Ren Mingyuan and another technical director, several other founders were kicked out of the management team during the company's development.
"Thank you Mr. Zhao for your recognition."
"Ding ding ding--" the cups clinked and the wine flowed down their throats.
Zhang Tianqi and Hou Shaoyuan did not take this financing too seriously at first.
But being in such an atmosphere, listening to the praise and recognition around me, it is inevitable to feel a little elated.
They are only 25 or 6 years old this year, and the first company they participated in starting has completed its angel round.
Even if the money is not much, it is an achievement and topic of conversation that cannot be underestimated for them, enough to make a big splash in the family.
Hou Shaoyuan frowned as he looked at his senior Ren Mingyuan who was getting close to Shen Yuyan.
He walked up to the senior, took his hand and started chatting with him.
He was determined to win the heart of Campus Beauty Shen.
The 100 million yuan investment was not a small sum for him, and he made many promises to his family for it.
He didn't want to see Ren Mingyuan take the lead.
The slightly cool champagne flows in the mouth, "gulp", and the head is slightly raised, and the wine flows into the esophagus.
Shen Yuyan narrowed his eyes slightly, and gradually relaxed.
After more than 3 months of hard work, I finally signed the TS.
The post-investment valuation successfully reached 2000 million.
Just cooperate with the due diligence and wait for the payment.
She can also continue to expand her business.
Regional expansion, optimization and expansion of domestic service system, increased investment in digitalization, improved brand building, and recruitment of new talent teams...
In addition, you can use the smart home hub APP of Win-Win Technology to achieve efficient and high-quality traffic conversion.
Thinking of the bright prospects and looking at the joyous scene before her, she couldn't help but take another sip of wine.
You can look for Guo Liyuan later. She is now the general manager of a media company. Youjie Housekeeping’s advertising business and brand building can be fully cooperated with her.
And with the relationship between classmates and friends, their cooperation can be more harmonious.
By the way, today is also the day when ordinary people are negotiating letters of intent. I wonder if it goes smoothly?
Will Tang Song fulfill its promise of an investment of at least 500 million yuan?
Thinking of this, she put down her wine glass and walked to the baggage storage area.
Open your beloved Gucci Dionysus bag and take out your cell phone from it.
Then I saw the unread message on WeChat above.
Click to view.
[Liyuan: "Yanyan, I really don't know how to express my gratitude and excitement at this moment! This round of A financing was successful thanks to your and Qingqing's help in the middle. Don't worry, I will definitely arrange the 2% option promised to Qingqing! May our friendship last forever! Thank you! Thank you very much!"]
Shen Yuyan was stunned.
After knowing Guo Liyuan for so many years, this was the first time she saw her so excited.
According to her understanding, the ordinary people who are rooted in the short drama market have already obtained two TS. Shouldn't they be so excited about normal financing?
Her intuition told her that something must have changed.
Click on Xu Qing’s chat box.
Then, a photo came into view, and Shen Yuyan's eyes were slightly dazed.
Tang Song sat at the center of the conference table, wearing a white shirt, looking handsome and tall, exuding confidence and composure.
On either side of him were a calm and composed man and woman.
The men's suits are neat and tidy, and the women's suits are elegant and capable.
His eyes reveal shrewdness and decisiveness, and he has a strong aura.
After reading Xu Qing's message, Shen Yuyan's eyes twitched.
Industry analysts, financial analysts, legal consultants, data analysts, operations management experts…
This...is this the investment team brought by Tang Song?
Compared with his attitude, it seems that Win-Win Technology is being a bit too frivolous.
But how is this possible?
Where did he get these people from? Did he find a specialized consulting service company?
Soon, a woman on Tang Song's left attracted her attention.
It turned out to be her!
Shen Yuyan was just about to send a message to ask her best friend about some financing details.
Messages popped up one after another.
[Qingqing: "Yanyan, this is so annoying. That Lin Muxue is such a green tea. When you come back, I will complain to you about it!"]
[Qingqing: "The financing is going very smoothly here at Fanfu Suozi, but our company has proposed some revisions. We have just negotiated and the formal signing of the TS will take place in the afternoon. I will send you a photo of the contract then."]
Shen Yuyan replied immediately: "I received the message from Yuanyuan. Just wait for your 2% stock option incentive. Are you at the scene? What is the final valuation of the company? How much did Tang Song invest?"
【Qingqing: "You may not believe it, but I was also shocked. The pre-investment valuation of Fanfusuzi was 4000 million yuan!"】
The TS that Fanfu Suozi received before was valued between 3000 million and 3500 million. Of course, this was because the investment institutions had drastically lowered it.
But I didn’t expect Tang Song to be so generous and actually offered a high price of 4000 million. No wonder Guo Liyuan was so excited.
【Qingqing: "In addition, Tang Song personally invested 2400 million, accounting for 38% of the shares. After the investment..."】
When Shen Yuyan saw the number 2400 million, the expression on his face froze instantly.
Reach out and slide the screen, repeatedly confirming that you are not seeing it wrong.
My heart twitched violently.
2400 million? 2400 million in cash all at once? How is that possible!?
Even billionaires cannot come up with such a large sum of money. Their assets are mostly shares and industries.
Taking a deep breath, she typed a reply with shaking hands: "This money needs to be injected in multiple installments, right? Are there any rigid performance requirements?"
【Qingqing: "No, we will sign the investment agreement after the DD (due diligence) is completed, and the payment will be made within a week. You didn't see the expressions of our boss and Yuanyuan. They wanted to kneel down and call Tang Song their godfather."】
[Qingqing: "Okay, let's chat later. Lin Muxue asked me to go to dinner with Tang Song."]
Shen Yuyan stood there blankly, his face becoming paler and paler.
The phone screen gradually went dark.
"Yuyan, what are you daydreaming about here?" Hou Shaoyuan, with a slightly red face, walked over and handed her the wine glass. "Let's have a toast. As the company's seed investor, I have watched Youjie Housekeeping prosper little by little in your hands. I hope that we can work hand in hand in the future and achieve great things!"
Shen Yuyan took the wine glass silently, but did not clink glasses with him.
She bit the rim of the cup with her red lips and tilted her head back.
"Gulp, gulp—" He drank half a glass of champagne in one gulp.
Hou Shaoyuan, who was a little tipsy, asked with concern: "What's wrong with you, Yuyan? Are you okay?"
"It's okay." Shen Yuyan pursed her lips, her eyes flashing with indescribable emotions.
Guo Liyuan, an ordinary person with an estimated value of 6400 million yuan, was once not very prominent, and her classmate has now gone far ahead of her.
What was even more unacceptable to her was the meaning behind Tang Song’s 2400 million investment.
Now that Youjie Housekeeping has signed the TS, even if she wants to go back on her word.
The other partners would not agree, and Tang Song would not be able to invest in her again.
After all, he made it clear at the time that he would never invest if the founding team was not in harmony.
She suddenly realized where the uneasiness came from when she had a showdown with Tang Song in the restaurant in North City Garden.
It is intuition that is giving a warning.
A truly life-changing opportunity, an opportunity she had always dreamed of, had passed her by.
At this moment, the blue sky and white clouds of the imperial capital outside the floor-to-ceiling windows seem particularly dazzling.
Shen Yuyan's eyes gradually turned red.
(End of this chapter)