Chapter 288 Barbecue Stand
Chapter 288 Barbeque Stall
Lin Xue finally agreed.
Tang Wan's speech was the last straw that broke the camel's back.
Seeing Lin Xue's hesitation, Tang Wan was not polite and said that according to the terms of the preliminary financing agreement, they had priority. If Tencent did not agree to the price, they would still take a certain share of the shares at this price.
Although he knew that Tang Wan was forcing him, Lin Xue did not dare to gamble.
If the price of Series C is higher, Tang Wan and the others will make money from their investment in Series B. Even if the price of this round of follow-up investment is higher, they will not necessarily lose money.
Ultimately, the more money Baike raises, the faster it develops, and the more valuable their shares are.
It was precisely because of this that Lin Xue tended to agree to Chen Zhihe's request.
A US$100 million financing is a big deal even for Tencent.
Of course, he didn't agree immediately, he just said that he needed to ask for advice before he could make a decision.
We are all veterans in the workplace. We all know how to avoid risks. It is correct to push the decision-making power to the top.
After leaving the conference room, Lin Xue walked back a few minutes later with a complicated expression, looked at Lei Jun, then at Chen Zhihe, pursed her lips, sat down, and said to Chen Zhihe: "The company has agreed to your price, tonight
We will prepare the contract and it can be signed tomorrow."
Chen Zhihe grinned, stood up and stretched out his hand to Lin Xue: "Happy cooperation."
Lin Xue held Chen Zhihe's hand and said, "Congratulations, Mr. Chen."
Chen Zhihe looked at Lin Xue with a smile, smiling happily.
At this time, Lei Jun also stood up, shook hands with Lin Xue, and said, "Then see you tomorrow."
Lin Xue saw that the two men were no longer as tense as before, and she felt a little suspicious that she had been tricked by them.
But now that everything has been negotiated, he can't say anything if he regrets it.
Not to mention the presence of outsiders, even the company’s senior management couldn’t get through.
I just lament that no one who is successful is simple.
He has a net worth of over 1 billion at a young age, and he is still a big worker.
Smiling and shaking his head, Lin Xue and his party left to pay their respects.
After Lin Xue and the others left, the only thing left was to deal with Tang Wan.
But Tang Wan had no intention of talking about this matter today. He just asked Chen Zhihe to talk about it over dinner in the evening, and then drifted away.
After this financing, Baike's equity structure has undergone great changes.
In the A round, Chen Zhihe had 75%, Lei Jun had 20%, and Rebus had 5%.
In the B round, Chen Zhihe had 72%, Lei Jun had 19.2%, Rebus had 4.8%, and Tang Wan and the others had 4%.
As of the current round C, Chen Zhihe has 57.6%, Lei Jun has 15.36%, Rebus has 3.84%, Tang Wan has 3.2%, and Tencent has 20%.
In order for Lei Jun to remain the second shareholder, Chen Zhihe needs to transfer 5% of his shares to him, so that his shares will be exactly 20.36%, a little more than Tencent.
Here, the shares of Lei Jun and Tencent cannot be moved. It is also troublesome for Tang Wan to want more.
She probably thought of this and didn't bring it up on the spot.
Lei Jun waited for Chen Zhihe's promise and returned to Yanjing after the negotiation.
It's not that easy to ask for money from his family. This time he needs more money and he needs to convince more people.
In the evening, Chen Zhihe waited for Tang Wan's call and asked him to go out for dinner.
To be honest, Chen Zhihe doesn't know how to face Tang Wan now.
Especially after sending Lin Qingxuan back to Fengshan, the relationship between the two had a breakthrough. When facing Tang Wan, he always felt a little guilty.
However, Tang Wan's reason for inviting him to dinner was to discuss business, and he had no reason to refuse.
Bite the bullet and pick up Tang Wan, Chen Zhihe originally wanted to take her to the place where she ate last time.
When he saw a barbecue stall on the roadside, Tang Wan was very interested and asked to give it a try.
Tang Wan was a guest, and it was difficult for Chen Zhihe to refuse.
It's not that Chen Zhihe thinks the roadside barbecue stalls are bad, it's just that they are somewhat not up to the mark.
However, Tang Wan was full of curiosity about this. When he was in China, barbecue stalls were not popular yet, and after he went to the United States, there were none there either. Today he somehow wanted to try it.
There was no other way, so Chen Zhihe had no choice but to take her to a barbecue stall at the gate of Jiangda, which had a storefront.
There were too many old men outside, many of them shirtless, which was somewhat indecent.
There is air conditioning in the room, so the environment is slightly better.
After finding a seat and sitting down, Tang Wan took the menu and read it with great interest, then called the waiter and ordered a lot of things.
Tang Wan didn't drink, so the two of them just ordered some herbal tea.
They say barbecue stalls are the most smoky places in the city, and they’re honest.
After ordering, Tang Wan did not talk to Chen Zhihe about business immediately, but instead looked around.
Maybe she was tired of going to high-end restaurants, and she felt that such an environment was not interesting at all.
Chen Zhihe is not like Tang Wan. No matter where you say it, Tang Wan is considered an elder. If she doesn't speak, Chen Zhihe can only find topics by himself.
"Aunt Tang...is this your first time in a place like this?"
Tang Wan smiled and said, "It's indeed my first time here, it's quite lively."
Chen Zhihe said: "Barbecue stalls are more about the atmosphere than just the taste."
Tang Wan nodded and did not continue the topic. He said, "What makes you think that you are so generous? Can your partner trust you?"
With a price of 80% and a 5% shareholding, it comes to 5 million US dollars. This is no small number.
Moreover, this is only the C round of financing, and Chen Zhihe’s shares are about to reach less than 50%. He can’t always take care of others like this.
She also investigated and found that Chen Zhihe had already given Lei Jun 10% of the shares.
In her opinion, Chen Zhihe is not a fool, there must be other reasons.
Chen Zhihe shook his head and said: "This is not a question of trustworthiness. I don't need so many shares."
Tang Wan asked: "Aren't you afraid of making wedding clothes for others?"
Chen Zhihe smiled and said: "To be honest, I am still a student. He is running the company itself. Who makes wedding clothes for whom is another matter. And I don't value the company's controlling stake."
Tang Wan frowned and asked, "Are you not interested in this, or are you not optimistic about visiting?"
There are only two reasons why you don't care about controlling shares: either you don't want to treat it as a business, or you think the company's development prospects are half-finished and you want to cash out.
She is an investor, so if it's the former, it's fine, but if it's the latter, it's a big problem.
Chen Zhihe said: "It doesn't count. It's unreasonable not to regard it as a career. After all, I founded it myself, but I won't devote all my energy. Lei Jun has done a pretty good job. As for
Whether it’s good or not, I can’t tell now. I have confidence, but who can say for sure what will happen in the future.”
Of course Chen Zhihe didn't tell the truth. There were some things he wouldn't tell anyone.
What's more, with his appearance, the future of shared bicycles may not be like its previous life.
Tang Wan was half convinced by Chen Zhihe's words.
She could understand that the financing equity was diluted and the shares had to be transferred to partners. Chen Zhihe's argument was not very convincing.
Moreover, she vaguely felt that Chen Zhihe seemed to do this on purpose.
Although she didn't know about Chen Zhihe and Lei Jun's acting, she was not Lin Xue. As a bystander, she felt that Chen Zhihe had premeditated it.
…
First update~
Wisdom teeth hurt, it was really killing me, I cried...
Chapter completed!