Too much Investment

However, it can be seen from this that Xu Chenghua had previously thought that Luo Sheng was a college student, and he was a bully and a flicker, so he offered a price of 3 million.

　　The nature of capital is driven by profit.

　　Xu Chenghua now knows that before opening 3 million, he wanted to wholly buy Blue Star Technology, which was mostly ridiculed by Luo Sheng for a while. The ghost knows that you are such an old school student.

　　However, Xu Chenghua does not feel embarrassed. This is a very realistic question. It shows how much strength can win the weight of others.

　　Obviously, Luo Sheng's weight in the other's mind is much heavier than before.

　　Xu Chenghua thought for a while and then said: "On behalf of Teng Xun, the valuation of Blue Star Technology was 12 million, so I invested 3 million in the angel round investment to obtain 25% of the company's shares and a veto."

　　Hearing this, Xu Yong and others have no objection to Luo Sheng being the head of the company, which is also three million. Before the wholly-owned acquisition, only 25% of the shares are now required, and the gap is not ordinary.

　　Seemingly very satisfactory conditions, Xu Chenghua strives for his best interests as much as possible. Angel angel investment in the Internet industry generally has an upper limit of 25% and a lower limit of about 8%.

　　Investors who don't agree with less than 8% are too bad, while those who are higher than 25% are very unfavorable and too bad for the company's founding team.

　　Therefore, the proportion of equity transferred by angel angel investment generally fluctuates between 8% and 25%.

　　Xu Chenghua is now very clear that if the ratio exceeds 25%, the ability demonstrated by Luo Sheng before is definitely to refuse Tengxun's investment rather than want the money or adjust the amount ratio.

　　The acquisition failed, and I hope to win the angel round of financing at one time. Xu Chenghua knows that there must be many other VC investors who fancy BlueSpace, maybe they are already on their way.

　　Luo Sheng shook his head and said, "Mr. Xu, I very much agree with your current valuation of Bluestar Technology. I agree with this number, but the financing of 300 is too much for our company at this stage. funds."

　　This answer was unexpected by Xu Chenghua, but it was reasonable to think about it, and then smiled: "Since Mr. Luo is not satisfied with this plan, is there any other plan?"

　　The question is so, but Xu Chenghua is 100% sure that the other party already has a plan.

　　Luo Sheng said: "It is still calculated based on Mr. Xu's valuation of 12 million after financing, but we only transfer 8% of equity, which is 960,000 financing, and your company can only invest in Bluestar Technology as a financial investor. And one last point, I won't share a veto of the company. "

　　"This ..." Xu Chenghua couldn't answer for a moment after hesitating.

　　The members of Luo Sheng's team secretly whispered, and they could only express their personal feelings in their hearts. They still knew their own abilities. At the moment, they have nothing to say. Keeping silent is the biggest help to Luo Sheng.

　　With a helpless expression, Xu Chenghua said with a bitter smile: "Brother Luo, your desire to control is a little too strong. All the conditions are only for you, but for us, there is no guarantee at all. This is too unfair. Now, I ca n't accept it. I do n't have a veto. In case I give you the money, you young people will spend it arbitrarily. Would n't my loss be serious? "

　　The purpose of the so-called financial investors is not to control the shares, but to pay more attention to the returns that the invested enterprises can bring.

　　After Xu Chenghua set it up, he added: "Brother Luo, if you look at it, I still invest 3 million yuan in Bluestar Technology, but only 8% of the equity, I hope to retain a veto right. This is already The biggest concession, if I will be a cliff in the future, there is no retreat, I will not hide the fact that I was responsible for investing in a lot of startups, angel round investment has never been less than 20% of the equity and give up a veto.

"

　　At the end, Xu Chenghua secretly immediately gained a new understanding of Luo Sheng, that is, this young man has a strong desire to control.

　　At this moment, Luo Sheng's team members almost wanted to say to him: Quickly agree, the price of 3 million yuan has been reduced from the initial wholly-owned acquisition to 25%, and then to the current 8%. Boss, you are still not satisfied. How about it?

　　My heart is too big!

　　Luo Sheng smiled calmly at this moment: "Mr. Xu, I am curious why you are so obsessed with having a veto right?"

　　Xu Chenghua didn't answer immediately. I recalled what I said before and confirmed that there was nothing wrong with it. I smiled: "In fact, it is 960,000 or 3 million. For Teng Xun, there is not much difference, just a small sum. This is the case, but we treat funds as a resource. We don't want to waste any resources. We hope that it can be used where it is needed. "

　　"A vote of veto is not a concerted action agreement. We do not interfere in the company's operations. We just want to say a few words as investors when your team may be extravagant and wasteful. After all, you are all young Man, although I am optimistic about you, it is one yard at a time, isn't it? "

　　It can be said that Xu Chenghua's remarks are well-founded, reasonable, and very sincere. Even several members of Luo Sheng could not help but nodded in agreement with his words, and his favorability continued to rise.

　　Xu Yong's reaction was also seen by Luo Sheng, and he couldn't help but sigh: In the end, it is a group of innocent young people. If Brother Ma is given a vote of veto, community B is bound to usher in a disaster. This is a demon trap disguised behind an angel's face.

　　The team members did not see the mystery in it, Luo Sheng did not blame them, nor did they think that they were not good enough, so that young people without any experience and experience could see as well as their own two-persons. It is really difficult for them, too harsh.

　　At this point, Luo Sheng felt that it was time to pierce his true face in the showdown, and saw him slowly: "Mr. Xu, is this really the case? But I don't think so, maybe you still underestimate my judgment force."

　　Xu Chenghua's heart jumped slightly, and she was shocked, but still deluded: "I don't understand what you mean."

　　Xu Yong and his team of six people are at a loss, are there any secrets that cannot be revealed?

　　Luo Sheng smiled and said, "If I guess correctly, your company estimates that another wave of people is working overtime to build a new website that mimics the BlueSpace model. Then based on this, we will deduced on the spot what may happen Mr. Xu, you may wish to be a referee. I am right or wrong, you can judge it in your heart, and you do n't need to say. "

　　At this moment, Xu Chenghua's heart was called a wonderful one. His expression was indifferent. It wasn't that his expression management was in place, but he was directly circling.

　　Luo Sheng gestured and continued, "If I agree to sell the company, then the development teams that imitate BlueSpace may merge with each other, and I gradually lose the right of control and operation. Second, if I do not agree to sell the company, your company will fall back to invest in my company as an investor, and must try every means to obtain a veto of the company. At the moment, the company is finished. "

　　Luo Sheng changed his posture and tilted Erlang's legs, and spread his hand, "How do you say that? Although a vote of veto cannot vote for a company to do something, a vote of veto can veto a company to do something. Here comes the problem. If we exchange positions, I take the helm of Tencent. With this veto, I can easily and indirectly kill BlueSpace and make my own website higher. "

　　"How to do it? It's also very simple. For example, BlueSpace decided to use a fund to launch a new content and find a reason to vote down. BlueSpace decided to use a sum of money to develop the market and find a reason to vote down ... In the case of a negative vote, BlueSpace stagnated or even regressed during the golden period of development. However, the imitated website under my banner is expanding wildly, and the market share is growing. When it is too large, BlueSpace is completely unable to counteract the Matthew effect. When it's formed, I can throw him into the trash. "

　　Speaking of which, Luo Sheng could not help but close his eyes, revealing a hearty expression, and after a while he opened his eyes and looked at Xu Chenghua with a look of dullness, saying: "Take 3 million The price was simply to kill BlueSpace and replace it. It was too tempting ... Mr. Xu, what do you say? "

　　In this living room, except for the smile, it is still Luo Sheng, but everyone else seems to be petrified, and after he finishes speaking, the needle is audible.