Chapter 6 The Brilliant Smart Man
‘Superman’ is ‘Superman’.
Zhou Wenqiang made him understand what 'angel investment' was just a few words.
Li Jiacheng pondered for a while and nodded slightly. Zhou Wenqiang was right. This way of investing and holding shares was indeed fair.
In fact, except for pornography, poison, and gambling, any serious business is the most risky in the early stages of development. It is easy to fail in investment and eventually lose all your money.
Those who are willing to invest in the early stages can indeed afford the word "angel".
But the angel is not the Virgin.
Take risks, of course, you need to get higher returns.
Therefore, when signing the contract, angel investors will require the addition of an "anti-dilution clause" to ensure that the shares they invest in in the early stage will not be diluted due to the expansion of the scale of their later business. This is also a legitimate interest demand.
"A Qiang, although I don't know how you thought of such a clever investment method as 'angel investment', I won't ask.
I just want to figure out whether your 'anti-dilution clause' could be abolished because my business will go public in the future?"
"Jiacheng, I really want to praise you again with a sharp look!
Now that the Hong Kong Island government has not opened the stock market to Chinese companies, do you think of the future listing?”
Zhou Wenqiang couldn't help but sigh that Li Jiacheng is worthy of being a business genius. Although it was his first time to come into contact with "angel investment", he still quickly found the key point.
After a company goes public, whether angel investment should be diluted shares is the most likely place to argue and conflict between angel investors and entrepreneurs.
Li Jiacheng can actually prepare for the future and think of this problem in advance. This vision alone has surpassed countless entrepreneurs.
Fortunately, I am from the real world in the future, otherwise I would have been unable to defeat this ‘Superman’.
After Zhou Wenqiang told his thoughts, Li Jiacheng was not embarrassed and smiled calmly: "When doing business, of course, you have to be a villain first and then a gentleman. I don't want to hurt my relationship in the future."
"Well said, I'm actually the same."
Zhou Wenqiang nodded: "Jiacheng, if you want me to dilute the shares invested in the angel round after listing, then you must have the conditions for equivalent exchange.
For example, during the angel investment stage, or even after I go public, I must have a veto power for major decisions related to the development of the company.
Of course, the veto power is only for major decisions of the company. As for the daily management and operation of the company, it is up to you to make the decision.
If I were asked to choose for you, I would not easily give up a veto.
Of course, you have to choose for yourself in the end.”
Perhaps others don’t understand Li Jiacheng, but Zhou Wenqiang knows it too well. With this person who is used to being tough in business, he will definitely not agree to have a veto. As a result, he can only agree to never dilute his shares.
As for normal management and management, it would be enough to leave such troublesome things to "Superman". Why bother with your own efforts? Zhou Wenqiang doesn't want to live like Li Jiacheng, and it would be useless to have much money.
Li Jiacheng began to fall into deep thought, his eyebrows kept beating.
Compared with shares, he actually valued more the actual control of the company. Zhou Wenqiang said that even if he promised Zhou Wenqiang's shares would never be diluted, he would definitely not want to give up a veto.
For him, it was like a sharp sword hanging above his head.
However, it is also extremely risky to promise Zhou Wenqiang that he will never dilute the shares.
In Shangyan, even if he is a friend, he will consider the first thing he wants is interests. Zhou Wenqiang holds 49% of the shares and refuses to agree to dilute the shares after listing. Then, he will have to rely on the founder of the company to dilute the shares.
This is something that a company must do on its listing.
When a part of his 51% stake is diluted, Zhou Wenqiang can still gain control of the company with the 49% stake he holds, and then he will suffer a great loss.
"A Qiang, I can agree to your anti-dilution clause, but there is a condition."
Li Jiacheng said: "We need to change the content of the contract.
I invest 22,000 Hong Kong dollars and obtain 45% of the shares. You invest 28,000 Hong Kong dollars and obtain 40% of the shares.
In the future, whether the company raises funds again or goes public, if it needs to dilute its shares, it will first use the 15% we reserved. If it is not enough, I will take out the shares under my name to ensure that your 40% shares will never be diluted.
Do you think my proposal is OK?”
Zhou Wenqiang said unanimously: "Jiacheng, has the company name and business scope been determined?"
"I think so, Aqiang. Although we are just investing in a small factory now, we still have to consider future development, so I want to register a company.
The name is 'Yellow River Industrial Company'."
Applause sounded, Zhou Wenqiang nodded and smiled, "We thought of going together. I took out real money and not just to invest in your plastic factory.
Jiacheng, the cooperation is pleasant, we can sign a contract."
"you......"
Li Jiacheng suddenly woke up and pointed at Zhou Wenqiang and said, "Aqiang, you won't tell me that you didn't consider asking for 49% of the shares from the beginning, right?
The conditions you put forward before are actually just to make our negotiations smoother?"
Zhou Wenqiang picked up a piece of steamed ribs, chewed it gently in his mouth a few times, and nodded: "Actually, even if it is only a 30% stake, I will consider it.
Jiacheng, you are a 'kind person', which makes me very relieved."
Li Jiacheng is an old-fashioned businessman. Although he is also ambitious and values interests, he is the most important thing. Even if he has not signed a contract, Zhou Wenqiang is not afraid that he will regret it.
And only Zhou Wenqiang knew that if Li Jiacheng followed the original trajectory, he would have to hesitate for a long time before he would finally be shameless and ask his uncle for investment. Even later, he married his cousin Zhuang Mingyue, and was regarded as a novice who was a slutty person.
His appearance is like a real angel coming. Li Jiacheng will only regret it unless he is so smart.
Li Jiacheng said laughing and crying: "Aqiang, I really admire you more and more. What a powerful word."
"Haha, it's average, don't praise me anymore.
Well, the investment matter has been negotiated, and I have something to ask you here.”
Zhou Wenqiang said as he took out two ID papers, one of which was his own and the other of which was Lei Luo: "You should have connections to help me get two certificates of graduation from the sixth, right?
If I want a real academic certificate, it is not a fake product that can be obtained for twenty yuan."
Although Li Jiacheng is just a sales manager now, with his means, his connections will definitely be stronger than Zhou Wen forced Lei Luo.
Moreover, the mainstream education industry in Hong Kong is still a church school. As far as Zhou Wenqiang knows, the relationship between Li Jiacheng's uncle's family and the church is very good, and as long as he is a big shot at his uncle's level, he can do it as long as he is willing.
If the Li family cannot get a graduation certificate of only two sixth in Chengdu, Zhou Wenqiang really needs to reconsider whether he should invest in him.
That must have met a fake Li Jiacheng.
The Li family did not disappoint him and nodded: "I can do this, how long will you do it?"
"Two days later, it will be this teahouse and this table, I'll wait for you."
"Okay, I will bring two graduation certificates in two days. Not only will I have a certificate, but I will have a school resume and test scores for each semester, which are all ‘real’.
At the same time, I will also bring us an agreed contract.”
Li Jiacheng put away two pieces of identity paper and smiled and said, "Aqiang, see you the day after tomorrow."
Until he left, the Li family did not ask Zhou Wenqiang what he wanted to do with his graduation certificate.
Chapter completed!