China Entertainment 1997.

Chapter 151 Little Ma may earn blood, but Cao Daguan will never lose

Beijing, Baihua Recording Studio
Song recording was suspended, Wei Xixi, sound engineer and other staff left under Cao Xuan's signal, leaving only Cao Xuan and his trusted Hu Jing in the recording studio.

"Brother Ma, say, um, um."

Cao Xuan drank the fish soup brought by Hu Jing with a spoon, put his mobile phone to his ear with his left hand, and listened to Brother Ma talking in his ear.

At the beginning of this year, China's Internet ushered in its peak. Li Cucumber's several operations brought the Internet to the sky, and the market value of major Internet companies in China skyrocketed. Practitioners were all rejoicing.

At that time, Cao Xuan went to Shenzhen City, and Xiao Ma took him to drink and celebrate, planning to have a big fight.

However, when China's Internet was rejoicing, in the same March, the Nasdaq Internet stock market was slowly collapsing.

The stock market in China has slowed down a little bit, but it only lasted until the beginning of April, and then it began to fall wildly, with bubbles overflowing, and the Internet winter came.

Internet companies, which were originally sweet and sweet, instantly became poisonous. The stock market avalanche, the market value plummeted, and major capitals also tightened their wallets one after another, unwilling to invest.

It was at this juncture that Penguin ran out of money.

When the momentum of the Internet was just right, Brother Ma was not at all afraid that Cao Xuan would give up Penguin. Even if Cao Xuan had no money, with QQ's current market share, he could still attract additional investment.

However, now that the Internet winter is coming, investors avoid the Internet like snakes and scorpions, and Xiao Ma has no confidence anymore, and he is even afraid that Cao Xuan will let go and leave the market.

Penguin has not yet achieved profitability. Without the support of Cao Xuan, the big water hose, the company's funds will run out in at most half a month.

In fact, before this, Xiao Ma has already started to take some measures, even limiting the online time of users to reduce the pressure on the server.

He kept gritting his teeth and did not look for Cao Xuan, because he was afraid that Cao Xuan would sell his shares and run away after seeing the bad industry environment.

But seeing that the book funds were about to bottom out, Xiao Ma was so worried that he didn't sleep well for a few days and stayed in the office overnight.

If Cao Xuan saw Brother Xiao Ma now, he would definitely be startled by his appearance. His hair was disheveled, his face was burnt yellow, his eyes were dull and bloodshot, and his expression was extremely haggard.

The other founders were not much better, and their psychological pressure was even higher than when they were preparing to sell QQ last year.

After all, QQ was just started at that time, and the few people did not invest much, and it was not particularly distressing to give up.

And now QQ has a huge user base, with an investment of tens of millions. Even in the cold winter of the Internet, Penguin can maintain a market value of hundreds of millions. It is the largest company in China's Internet ranking.

The growth of Penguin and QQ, several people have put in countless efforts, and it is also their important asset. Seeing that the results are about to disappear, it is no wonder that there is no pressure in their hearts when they return to the pre-liberation.

It's not that they haven't thought about looking for others, but no one wants to go to the minefield of the Internet to hunt for treasures. Many Internet companies sell at the price of cabbage and no one wants them.

So after discussing for a long time, they still had to find Cao Xuan.

Before making the call, Brother Ma and the others discussed several wordings, thinking that even if they were cheating, they would cheat some money from Cao Xuan.

At the same time, the few people also prepared for the worst. If Cao Xuan chooses to withdraw, or even use the power of the major shareholders to force them to sell QQ to restore blood, how should they oppose it.

But unexpectedly, after the call was made, Cao Xuan didn't mean to blame or complain at all, but instead asked about the company's various business developments.

He also said that he was too busy during this time to take care of the penguins, and when he was free after a while, he went to Shenzhen City to have a look.

Several people looked at each other, seeing that Cao Xuan's tone was not bad, Brother Xiaoma became cruel and said his purpose.

want money!

In fact, Cao Xuan already knew it well. Although he was busy during this time, he never forgot to pay attention to the Internet.

The reason why he didn't call Penguin, but waited for Brother Xiao Ma to call him, was to wait for Penguin and Brother Xiao Ma to come to a desperate situation again, and he made his debut again.

Since you have to give money no matter what, then you must sell enough favors...

.........

Cao Xuan held his mobile phone in silence for nearly a minute, and the hearts of the brothers Xiao Ma on the other end of the phone were all raised in their throats before Cao Xuan finally spoke.

"How much funding gap is there?"

"2000 million...1000 million is also fine. The company is now cooperating with China Mobile on a project. If it is possible, it can relieve part of the financial pressure."

For fear of scaring Cao Xuan away, Xiao Ma took the initiative to cut off half of the funds, and kept emphasizing that Penguin had found a way to cash out to encourage Cao Xuan.

But in fact, Xiao Ma is not sure how much profit Monternet, which cooperates with mobile companies, can make. Anyway, let's talk about it first.

Monternet came out?
Cao Xuan was overjoyed. Although he didn't know much about how this project worked, he remembered that this project saved many Internet companies, and Penguin began to make profits from then on.

In other words, as long as you survive this difficult period, you don't need to transfuse penguins with blood.

"2000 million..."

Cao Xuan muttered, and began to calculate how much cash he still had.

Fan Xing's money can't be moved, he only has the salary of "Swordsman" and commercial endorsement.

Before, the Septwolves had already offered 450 million yuan for a year, and if it goes down, 500 million yuan is still possible, and the two-year contract is 1000 million yuan.

There is also a backgammon repeater, which is also being negotiated, 700 million in two years, but it is said that they are also in contact with Master Xing at the same time, and they don't know who they will choose in the end.

These two are considered high prices, and there are two products with a somewhat low bid. If you accept them, you can still add up to 800 million.

After deducting the tax and adding the money in Cao Xuan's hands, 2000 million can still be squeezed out.

Besides, the money is not sent all at once, as long as it is delayed for a few months, Cao Xuan's new album will be released, and the money can be collected without selling himself as an endorsement at a low price.

Thinking of this, Cao Xuan finally opened his mouth amidst the anxiety of Xiao Ma and the others.

"Brother Ma, I will call you 1000 million before the end of the month, and I will take care of the remaining 1000 million before the end of the year. It's still the same sentence, you just do your work, and I have the money."

Brother Xiao Ma and the others did not expect Cao Xuan to be so happy, and they were overjoyed, but also very moved.

At this juncture, Cao Xuan didn't say a word of sarcastic remarks, and just took out 2000 million yuan. Compared with other investors who ran away and even disturbed the company, he was like an angel.

But the brothers clearly settled the accounts, after all, 2000 million is not a small amount, and Cao Xuan is not doing charity, so we need to clarify what the money is.

Cao Xuan gave Penguin two methods.

One is a bridge loan. The 2000 million is a personal loan from Cao Xuan to Penguin. In the future, Penguin will repay the principal with interest after it makes a profit.

The other is to use 2000 million as financing, discuss with both parties, and then allocate a certain percentage of equity to Cao Xuan.

Cao Xuan naturally wanted to take the opportunity to take more shares, but he already had 45% in his hands, and any more would have threatened the controlling stake of Xiao Ma and others.

It's okay to say now, but when the penguin grows bigger in the future, it is likely to arouse the vigilance of Xiao Ma and others.

Cao Xuan didn't want to cause disputes, so he hoped to keep his shares at a relatively safe share.

But Cao Xuan didn't want the shares, and Ma and the others wanted to tie him up with the shares this time.

After all, Penguin does not yet have a profit model, and it is under too much pressure to carry 2000 million foreign debts.

Moreover, the Internet is currently in a cold winter, and they don't know when it will end. They tied Cao Xuan with the 4000 million shares they bought.

So Xiao Ma and others insisted on financing, Cao Xuan couldn't persuade him, and finally Cao Xuan took the initiative to buy at a high price, only 4% of the shares.

The founder team such as Brother Xiaoma holds 51% of the shares and still maintains an absolute controlling stake.

At the same time, the two sides signed a deepening agreement again, Cao Xuan promised not to participate in company management and other matters, and to ensure the dominant position of Xiao Ma and others in Penguin as much as possible.

What Cao Xuan did was not cowardice, but to reduce conflicts of interest in the future. He came here to make money, not to fight for power and profit with Brother Xiao Ma.

Maintaining the absolute voice of founders such as Xiao Ma in Penguin seems to have ceded Cao Xuan's interests, but it ensures the smooth operation of Penguin and prevents the company from being disturbed by high-level strife.

Besides, just because Cao Xuan doesn't care about things doesn't mean that everyone can really ignore this major shareholder who owns nearly half of the shares.

Cao Xuan strives to be a good shareholder who is detached from the outside world and is trusted by the founder's senior management. Few people still have to think of him while lying down and watching Xiao Ma make money for him.

As for 2000 million to buy 4% of the shares, it is actually not a high price.

原时空2001年6月份，MIH花费大概3200万美元收购了企鹅百分之46.3%的股份，换算下来，平均每1%股份花费570万+人民币。

Therefore, it is not a loss for Cao Xuan to spend 2000 million to buy the 4% of the shares.

Cao Xuan didn't lose money, Ma and the others felt that they had made money, and even felt a little guilty, feeling sorry for Cao Xuan.

Cao Xuan is kind.

He raised Penguin with money by himself, repeatedly put the company in danger, and even used his own reputation to advertise on QQ to attract business.

Fully respect their founding team, not only do not randomly intervene in the company's management on a daily basis, but would rather take less shares in times of crisis, and suffer losses for themselves, and also ensure the controlling stake of their founding team, so as not to let them be overwhelmed.

I also treat them as friends in private, and never put on celebrity airs. Last year, during the Chinese New Year, I specially mailed gifts to each family, including the elderly and children. They are considerate and heart-warming.

For such a good brother and a great kind person, they still plot against others, and their conscience is really hard to bear.

Brother Xiaoma and the others are thinking that next time Cao Xuan comes to Shenzhen, he must sincerely make amends. He treats us as national servants, and we must repay him as national servants.

On the other end of the phone, Cao Xuan encouraged Xiao Ma and the others, encouraging them to cheer up and face severe challenges, and he will always stand behind them.

Even Cao Xuan said that even if Penguin loses, it doesn’t matter, money is a small issue, the relationship between the brothers is the first, the big deal is to change the project to make a comeback, and then he will invest in Balabala for them.

Brother Xiao Ma, who has never seen this before, was so moved that tears almost fell down. If Cao Xuan was in front of him, he probably would have pulled the burnt yellow paper and begged for help.

.........

"Okay, Brother Ma, I will arrange for Lao Gu to watch over the follow-up related matters, um, I will go there when I have time..."

After hanging up the phone, Cao Xuan wiped the tears from the corners of his eyes. He was too involved in the performance just now, and he was emotional.

Just as he was about to continue drinking fish soup, he turned around and saw Hu Jing looking at him strangely, Cao Xuan was puzzled.

"What?"

"Are you fooling people?"

"Whatever I say, I mean it sincerely. It's not like you haven't heard the words from the bottom of my heart. 2000 million, I agreed without much hesitation."

"right."

Hu Jing began to doubt her own judgment just now, and muttered: "Who made your eyeballs keep rolling just now, it looks like you have some bad idea."

"Nonsense, when did I make a bad idea, they were still on the phone thanking me just now."

Cao Xuan refuted it righteously, then turned his head and asked casually: "By the way, when will your parents leave?"

"In a few days, why are you asking this? I'm afraid my mother will leave without soup, don't worry, I've learned it all, and if it doesn't work, I'll buy it in a restaurant."

"The soup is not important, the main reason is that I am afraid that your parents are gone, and it will not be safe for you to live alone."

"What's so unsafe about that?"

Hu Jing didn't care at all, while Cao Xuan was persuasive, even scaring her with the news that a single woman in a village in the capital was robbed.

Hu Jing was a little scared at first, but then she came to her senses, slapped the table and said angrily.

"You rolled your eyes again, and said, are you thinking of something."

"I am upright and upright. I am completely concerned about your safety. Don't stain my innocence with your dirty thoughts."

"Pooh."

Hu Jing spat, Cao Xuan failed, and began to sell miserably again.

He said that he didn’t have anything to eat when he went home from recording songs at night, and the food outside was unhygienic. He had diarrhea after eating, and went to bed hungry every night.

Of course Hu Jing would not believe these nonsense, but the crux of the matter is not whether Cao Xuan's words can deceive Hu Jing, but whether Hu Jing is willing to be deceived by him.

So, Hu Jing said she was disgusted, but before leaving, she left Cao Xuan the apartment key, acquiescing that Cao Xuan could go to the house for dinner.

(End of this chapter)