I just want to study hard
Chapter 239 The Power Struggle
Chapter 239 The Power Struggle
"The valuation of 2 million is probably the limit that all capital can accept at present. If it is higher, it may be difficult to attract large investment."
"For this financing, the tentative price per share is 10 yuan, and the fixed increase amount is..."
"After the financing is fully completed, please see the big screen for each company's shareholding ratio..."
The entire introduction process lasted only 20 minutes, allowing shareholders and investors to know what to expect.
The next step is the real question, whether the A-round investors want to increase investment and increase their holdings.
Because it was stated in the previous contract that the investor has a limited right to purchase.
Only if they all give up, can this part of the fixed increase be open to the public for financing and recruitment.
Of course, there will be certain disputes and compromises in terms of interests.
Today's meeting will probably end with a 'quarrel'.
Regarding the dispute at the meeting, Xiao Yuan was listening but did not express his opinion.
As for Yuanxing's shareholding ratio, it will be reduced to 57.3% after the completion of the B round.
Plus 10% of the founder team (original shares).
With a ratio of 67.3%, it has an absolute advantage.
In addition, in terms of equity, Yuanxing and the founder team hold 90% of the voting rights.
Therefore, there is no need to worry about the management power of the company being left behind.
However, Feixun obviously has other plans to open the B round this time.
At this time, he is clinging to the equity and wants to obtain greater autonomy and courage for investors.
The rest of the investors also maintained a common attitude of advancing and retreating with him.
It seems that Feixun has convinced all investors before the meeting.
They are now on the same front.
Regarding this point, Wu Yong and others had already guessed this point when Feixun left the 'eyeliner'.
Its final purpose must be to gain certain control rights.
I can't say whether it is good or bad, maybe Feixun is just to ensure that the investment will not fail.
Or think you can bring your company back on track when it's gone astray.
But for Wu Yong and others, the last thing they need right now is someone to tell them what to do.
"Mr. Wu, investors and investees should not be hostile. We should be close partners and trust each other."
"Our interests are the same. Everyone here wants to see the monsters develop better and better. Only in this way can everyone make money..."
"Of course, ideals can also be realized, and the result is the same."
"So, I don't understand why you place so much importance on rights."
"Without any right to intervene and intervene, how can we rest assured that we just put all the money into it?"
Fetion’s speech was unanimously approved by investors.
Even Dingfeng, who was optimistic about monsters at first and helped the company a lot, agreed with Feixun.
They need to be responsible for their money and for their companies.
To trust the investee completely blindly is like a gamble no matter how you look at it.
You must know that it is very simple for a company to grow from nothing, but to grow from a small age, the difficulty of every step up is geometrically soaring.
Wu uses the capabilities of his team, including the entire management.
Obviously, it has been unable to keep up with the development of the company. At this time, the team behind the capital should be involved.
Lead the company to success in a more professional, faster and more correct way.
Only decentralization can ensure that the company will not have problems.
But they hold on to the rights firmly, but they are unwilling to let go. This is also a common problem of most entrepreneurs.
I always think that since the company was founded by myself, it should be under absolute control by myself.
But don't they know their position in the company?
To be honest, the current management, except for Ma Wei and others who were recruited later, are all technical.
I don't know anything about management, and I just rely on my own ideas and cognition to forcibly lead the company forward.
It's okay when things go well, but once there are obstacles or crises.
Their means and abilities, including contacts and channels, will become fatal flaws.
"Mr. Wu, everyone, I understand your feelings, but please believe that we are not trying to take away the company, but to allow the company to have a broader platform and development potential."
At this time, Wu Yong, Wang Meng and others had already begun to hesitate.
Not only because of the lobbying of investors, but also because they have experienced the feeling of reluctance and weakness of insufficient ability.
The hesitation and anxiety when encountering problems and being unable to solve them.
The recklessness and panic when biting the bullet to solve the problem, the fear and rejoicing that one mistake will put the company into the abyss.
Every time I experience it, the persistence in my heart is shaken.
While they are growing fast, the company is clearly developing and growing faster.
"The company's development is too fast, and there is no time for you to adapt and learn." The words of Ding Feng's representative almost expressed Wu Yong's heartfelt feelings.
But let him let go like this, Wu Yong is really not reconciled.
He was afraid that capital would bring the company into unknown territory, and even used some means to cash out.
In the end they are left with a broken mess, and walk away with a full harvest.
Isn't this kind of news?
Almost every day, it will be staged in the circle, but with a different object.
Wu Yong invested too much guilt in the company, and the sunk cost made it impossible for him to say the word 'let go' easily.
"Mr. Wu." Hearing someone calling him, Wu Yong, who was in a tangle, looked up.
Just met Shang Xiao Yuan's encouraging and firm eyes, smiled between the eyes and said: "I think the company should slow down appropriately and settle down, so that both the personnel and the market have time to digest."
"Our current expansion seems to be going smoothly. But according to the reports from the front line, it can be seen that the entire team is already in a state of tension and may collapse at any time."
"If it continues, if a certain link fails to keep up, the entire project will be affected, and it will even involve the current market."
"As long as we can keep our feet on the ground, with the current progress, no one can keep up with us."
"Once you are in a mess, but give your opponent enough time and space, it is not impossible to come from behind."
Xiao Yuan's speech freed Wu Yong from his "inherent" thinking, yes, why must he let himself keep up with the company's development.
Slow down appropriately, give yourself some buffer time, and give the team time to breathe.
The precipitation of the market, the fermentation of word-of-mouth, the selection of talents and the supplement of backup, these tasks have been postponed for a long time.
If this continues to be postponed, it will become a problem sooner or later.
Today, if the management cannot keep up, investors will take over. Tomorrow, the team will not be able to keep up, and investors will take over.
The day after tomorrow, wouldn't the whole company become theirs?
Wanting to understand this, Wu Yong turned his head and looked at the representative of Feixun, the hesitation in his eyes became full of vigilance, "Damn old man, you are so bad!" '
(End of this chapter)
"The valuation of 2 million is probably the limit that all capital can accept at present. If it is higher, it may be difficult to attract large investment."
"For this financing, the tentative price per share is 10 yuan, and the fixed increase amount is..."
"After the financing is fully completed, please see the big screen for each company's shareholding ratio..."
The entire introduction process lasted only 20 minutes, allowing shareholders and investors to know what to expect.
The next step is the real question, whether the A-round investors want to increase investment and increase their holdings.
Because it was stated in the previous contract that the investor has a limited right to purchase.
Only if they all give up, can this part of the fixed increase be open to the public for financing and recruitment.
Of course, there will be certain disputes and compromises in terms of interests.
Today's meeting will probably end with a 'quarrel'.
Regarding the dispute at the meeting, Xiao Yuan was listening but did not express his opinion.
As for Yuanxing's shareholding ratio, it will be reduced to 57.3% after the completion of the B round.
Plus 10% of the founder team (original shares).
With a ratio of 67.3%, it has an absolute advantage.
In addition, in terms of equity, Yuanxing and the founder team hold 90% of the voting rights.
Therefore, there is no need to worry about the management power of the company being left behind.
However, Feixun obviously has other plans to open the B round this time.
At this time, he is clinging to the equity and wants to obtain greater autonomy and courage for investors.
The rest of the investors also maintained a common attitude of advancing and retreating with him.
It seems that Feixun has convinced all investors before the meeting.
They are now on the same front.
Regarding this point, Wu Yong and others had already guessed this point when Feixun left the 'eyeliner'.
Its final purpose must be to gain certain control rights.
I can't say whether it is good or bad, maybe Feixun is just to ensure that the investment will not fail.
Or think you can bring your company back on track when it's gone astray.
But for Wu Yong and others, the last thing they need right now is someone to tell them what to do.
"Mr. Wu, investors and investees should not be hostile. We should be close partners and trust each other."
"Our interests are the same. Everyone here wants to see the monsters develop better and better. Only in this way can everyone make money..."
"Of course, ideals can also be realized, and the result is the same."
"So, I don't understand why you place so much importance on rights."
"Without any right to intervene and intervene, how can we rest assured that we just put all the money into it?"
Fetion’s speech was unanimously approved by investors.
Even Dingfeng, who was optimistic about monsters at first and helped the company a lot, agreed with Feixun.
They need to be responsible for their money and for their companies.
To trust the investee completely blindly is like a gamble no matter how you look at it.
You must know that it is very simple for a company to grow from nothing, but to grow from a small age, the difficulty of every step up is geometrically soaring.
Wu uses the capabilities of his team, including the entire management.
Obviously, it has been unable to keep up with the development of the company. At this time, the team behind the capital should be involved.
Lead the company to success in a more professional, faster and more correct way.
Only decentralization can ensure that the company will not have problems.
But they hold on to the rights firmly, but they are unwilling to let go. This is also a common problem of most entrepreneurs.
I always think that since the company was founded by myself, it should be under absolute control by myself.
But don't they know their position in the company?
To be honest, the current management, except for Ma Wei and others who were recruited later, are all technical.
I don't know anything about management, and I just rely on my own ideas and cognition to forcibly lead the company forward.
It's okay when things go well, but once there are obstacles or crises.
Their means and abilities, including contacts and channels, will become fatal flaws.
"Mr. Wu, everyone, I understand your feelings, but please believe that we are not trying to take away the company, but to allow the company to have a broader platform and development potential."
At this time, Wu Yong, Wang Meng and others had already begun to hesitate.
Not only because of the lobbying of investors, but also because they have experienced the feeling of reluctance and weakness of insufficient ability.
The hesitation and anxiety when encountering problems and being unable to solve them.
The recklessness and panic when biting the bullet to solve the problem, the fear and rejoicing that one mistake will put the company into the abyss.
Every time I experience it, the persistence in my heart is shaken.
While they are growing fast, the company is clearly developing and growing faster.
"The company's development is too fast, and there is no time for you to adapt and learn." The words of Ding Feng's representative almost expressed Wu Yong's heartfelt feelings.
But let him let go like this, Wu Yong is really not reconciled.
He was afraid that capital would bring the company into unknown territory, and even used some means to cash out.
In the end they are left with a broken mess, and walk away with a full harvest.
Isn't this kind of news?
Almost every day, it will be staged in the circle, but with a different object.
Wu Yong invested too much guilt in the company, and the sunk cost made it impossible for him to say the word 'let go' easily.
"Mr. Wu." Hearing someone calling him, Wu Yong, who was in a tangle, looked up.
Just met Shang Xiao Yuan's encouraging and firm eyes, smiled between the eyes and said: "I think the company should slow down appropriately and settle down, so that both the personnel and the market have time to digest."
"Our current expansion seems to be going smoothly. But according to the reports from the front line, it can be seen that the entire team is already in a state of tension and may collapse at any time."
"If it continues, if a certain link fails to keep up, the entire project will be affected, and it will even involve the current market."
"As long as we can keep our feet on the ground, with the current progress, no one can keep up with us."
"Once you are in a mess, but give your opponent enough time and space, it is not impossible to come from behind."
Xiao Yuan's speech freed Wu Yong from his "inherent" thinking, yes, why must he let himself keep up with the company's development.
Slow down appropriately, give yourself some buffer time, and give the team time to breathe.
The precipitation of the market, the fermentation of word-of-mouth, the selection of talents and the supplement of backup, these tasks have been postponed for a long time.
If this continues to be postponed, it will become a problem sooner or later.
Today, if the management cannot keep up, investors will take over. Tomorrow, the team will not be able to keep up, and investors will take over.
The day after tomorrow, wouldn't the whole company become theirs?
Wanting to understand this, Wu Yong turned his head and looked at the representative of Feixun, the hesitation in his eyes became full of vigilance, "Damn old man, you are so bad!" '
(End of this chapter)
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