Dong Qiangqiang's Story of Leaving Germany

Chapter 690 690. Profit
The visitor looked about 30 years old, with short brown hair common to Germans, and a pair of gold-rimmed glasses on the bridge of the nose. Because of the hair, the cheeks and cheeks looked extraordinarily thick and thick, and there were faint green stubbles on the chin.There is no sophistication and maturity of adults between the eyebrows and eyes, but it looks like a teacher, giving people an inexplicable sense of intimacy. There is a light beige backpack on the right shoulder. When entering the door, he looks around. people.

"He's here." Duanmu didn't continue to talk about the topic just now, and at the same time deliberately lowered his voice to tell Dong Qiangqiang the identity of the other party, "Tom Wilson, the vice president of Rising Venture Capital."

He stood up while greeting the other party warmly: "I am here, Mr. Tom Wilson."

Dong Qiangqiang realized that the other party was one of the potential investors, so he stood up obediently without asking any more questions about the topic just now.

The host and guest were seated, and the two sides made a brief self-introduction to each other, and then exchanged a few words about the weather in Hamburg and the situation of the German economy, and then got straight to the point.

Duanmu opened his laptop, ready to briefly and quickly go through his business plan.

Unexpectedly, as soon as he said a few words, Tom stopped him with a kind smile: "Mr. Duanmu, wait a moment."

Duanmu, who was interrupted, seemed unsatisfied, but stopped obediently. "If there is something I didn't understand or you didn't hear clearly, I can say it again."

"This is the second time we have met, we have studied your business model." Tom looked at Duanmu with a smile, "We are interested in what you want to do, so we will meet here again now. He picked up the coffee cup and took a small sip.

"Thank you very much for your appreciation." Duanmu replied politely and picked up his coffee.He had a premonition that the other party had something to say.

The other party seemed to be very friendly, which was beyond Dong Qiangqiang's expectation. He thought that this time he would meet the difficult questions thrown by the other party like the last road show, but it was the second time that the two parties met.He secretly glanced at Duanmu, only to find that he didn't look very happy, which surprised him.

“While we have no doubts about your business, I must admit that there is a flaw somewhere. If you can fix it, there is an opportunity to close the company’s seed round.”

Hearing that the other party finally started to criticize, Duanmu couldn't help being excited.As the old saying goes, praise is the spectator, and belittling is the buyer.Since the other party said so, it means that this matter is really interesting.

"I don't know what your so-called 'flaw' refers to?" Duanmu suppressed his excitement and gently put the coffee cup in his hand on the table.

"The valuation of the company does not conform to the usual practice." Tom adjusted his glasses, "You can't take my statement as some kind of hostility. There will always be information asymmetry between investors and entrepreneurs. When investors realize the actual value of the company It’s not surprising that this kind of cognitive gap existed before.”

"So what do you think?" Duanmu asked calmly.

"20 Euros for 20% of the company's shares, with a valuation of 100 million Euros," Tom directly showed his cards, "There is a prerequisite."

Dong Qiangqiang took a deep breath: The old man's condition is to invest 10 Euros to account for 20%, and the valuation is 50 Euros. In just a few days, the investment amount and valuation have doubled. Is this what Duanmu just wanted to say? emergencies?But what kind of emergency is this?This is simply a pie in the sky.

"Prerequisites?" Duanmu frowned slightly.

"You have to leave your current company and start your own business full-time. If you can't do that, we can't pitch," Tom said lightly.

"Just this one?" Duanmu hesitated for a few seconds and asked, "There are no other (conditions)?"

"Just this one." Tom glanced at his watch.

"We need to discuss it," Duanmu quickly gestured between himself and Dong Qiangqiang with his index finger, "When is the latest I have to reply to you?"

"At 12 noon the day after tomorrow, if I don't receive your call, this condition will be void." Tom stood up, straightened his clothes, then stretched out his right hand in a friendly way, and smiled, "I look forward to your call."

"We'll call you as soon as we think about it." Duanmu also stretched out his hand, shook both hands cleanly and then let go.

Tom walked out of the café quickly without delaying a second.

The whole process took less than 10 minutes.

"This...is over?" Dong Qiangqiang felt unbelievable, "He just invested 20 yuan in you without asking anything? Are all Germans so rich? Can you also help me find an investor? I have a trading company, There is also a travel company, if it is not enough, I can open another one... I am not greedy, give me 10... oh no, 5 euros is enough..."

"They want me to do it full-time." Duanmu said after a few seconds of silence, there was no joy on his face that Dong Qiangqiang thought would appear, but a bit of disappointment.

Dong Qiangqiang keenly noticed the change in Duanmu's mood, and tactfully replaced his next teasing with a serious question. "What do you think? Want his (money) and not the old man's (money)?"

"Let's talk after listening to the next person's conditions." Duanmu drank the coffee in one gulp.

The people of Blacksburg Capital dressed very casually, and entered the cafe with a casual outfit and a pair of sneakers.If he hadn't reported his family background, Duanmu and Dong Qiangqiang would have thought he was a student at the University of Hamburg.

After the routine road show, Anderson also readily quoted the price. "As written in your business plan, the 50 euros account for 25%."

When he spoke, he didn't use the honorific "you" that should be used between strangers, but the "you" of the same generation, but Dong Qiangqiang and Duanmu have no time to care about this now.

Because the other party has just approved Duanmu's original wish: the company's valuation is 200 million euros, which is double the bid of Rising Venture Capital just now.

Anderson's casual speech gave Dong Qiangqiang an extremely unreal illusion. He felt that he was dreaming, just like the feeling he felt when he was chased up a tree by a wild boar for the first time.

"What are the additional conditions?" Duanmu asked nervously, "Must be a full-time entrepreneur?"

"We have no mandatory requirements in this regard. If you have not signed a binding agreement such as non-compete with your current company," Anderson shrugged, "we don't care."

"I should not have signed with the company." Duanmu said firmly, "But I have signed documents such as confidentiality agreement, I need to verify it again."

"Don't be afraid to sign the confidential documents. If you need our lawyers, we can help you." Anderson said with a smile, "These are easy to solve."

Dong Qiangqiang looked at Duanmu, the meaning in his eyes seemed to say: Your kid is lucky to be lucky today.

"We usually don't make things difficult for entrepreneurs in matters such as valuation and investment amount," Anderson changed the subject, "but we are not without requirements."

Dong Qiangqiang and Duanmu's hearts "thumped" at the same time, and they asked in unison: "What request?"

"Profit." Anderson smiled ghostly, "We only care about profit."

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(End of this chapter)