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Chapter 199 The Poison Pill Project is finally launched!

Chapter 199 The Poison Pill Project is finally launched!
Monday, May 5.

As the saying goes: Some people are happy while others are sad.

Rengyu's depression turned into a happy worry when he came to Zhang Shuo. He didn't expect that Zhao Xiaohu's excavator drove so fast that he almost hollowed out the Tenda Weichat project team.

Qinghe Technology joined so many developers at once, which made the situation of senior brother Wang Yan even more embarrassing.

Many of the people who came were the development backbone of the Weichat project.

There are even two industry leaders.

"Why don't you come to Germination Holdings, big brother, as the director of the technology center, and be responsible for the establishment of the Germination Technology Center, how about it?" Zhang Shuo suggested with a smile.

He's not on a whim.

With the rapid expansion of Qingcheng Technology in the past few months, coupled with the complex and changeable external environment, the shortcomings of Qingcheng Technology's own weak technology development capabilities have become more and more exposed.

After all, it is a new company that has only been separated for less than half a year.

Moreover, Green Orange Retail itself is not a "parent company" that is stronger than development.

There are two solutions.

One is to make up for the technical shortcomings of Qingcheng Technology and equip a stronger development team.

The second is to activate the budding holding technology center, so that it can truly play the supporting role of the holding company's technology center, and comprehensively provide technical services for Qingcheng Technology, Qinghe Technology, Qingyun Data and other subsidiaries.

Zhang Shuo obviously chose the latter.

Because with the rapid expansion of the germination system, the establishment of the technology center is a move that must be taken sooner or later. Just as Wang Yan is facing job adjustments, the technology center has a suitable helm.

It is impossible to transfer Wang Yan to Qingcheng Technology.

Of course, Zhang Shuo did not say that Wang Yan was directly promoted to the position of CTO of Sprout Holdings.

Even Zhao Mingchuan is just the director of operations.

With the establishment of Maili Technology, Germination is no longer a pure Internet company. Its technology spans two different fields, the Internet and manufacturing, and it is difficult to set up a chief technology officer position.

No one can be proficient in technology development in multiple fields at the same time.

Even within Qinghe Technology, when Zhao Mingchuan was promoted to general manager, he also canceled the position of chief operating officer and replaced him with the director of operations.

In terms of organizational structure, it should be leveled with other subsidiaries as much as possible.

The same is true.

If Wang Yan raises Germination Holdings this time, Qinghe Technology will no longer set up the position of chief technology officer, and will replace it with the position of technical director.

"can."

Wang Yan agreed very readily. Although some outsiders called him Weixin's father, Wang Yan knew that Zhang Shuo was the soul of Weixin.

The title of Wei Xin's father will only make Wang Yan feel hot.

Therefore, Wang Yan did not have much regret for no longer leading the development of Weixin. Instead, he breathed a sigh of relief and looked forward to making more achievements in new fields.

Moreover, the position of Director of Technology Center of Germination Holdings is also very attractive.

At least a promotion.

"In addition to providing technical support for the subsidiaries of Germination, the technology center also has a very important responsibility, which is to serve as an incubator for new projects. The development task is actually not at all easier than when you were at Qinghe Technology. You have to be mentally prepared. Zhang Shuo reminded with a smile.

"Project incubator?"

This was the first time Wang Yan had heard of such a thing.

"Look at this."

Zhang Shuo didn't explain too much, and directly handed over a planning document.

It contains the three main software that he expects to use to implement the poison pill plan, namely Panda Live, Motu Xiuxiu and Frog Browser, and the development difficulty is not low.

Once the software development is complete, it can be handed over to an independent subsidiary for operation.

After the operation has reached a certain scale and gained a certain market share, it will be able to introduce venture capital at that time, or simply package and sell it to giants such as Qiandu and Ari.

It can not only alleviate the external pressure of Gerd, but also bring very considerable financial returns to Gerd.

Why not?
"You want me to be a software dealer." After reading the plan, Wang Yan's scalp tingled.

How is this not easy?
It's just killing him, okay? !
"Then why don't you do it? Each project has its own project bonus, and it's very rich." Zhang Shuo was like a devil, and hit Wang Yan's weakness directly.

"Dry!"

Wang Yan hesitated.

Who told him to still owe Zhang Shuo 5 million "mortgage"?In addition, his wife is pregnant, and a gold-swallowing beast is about to usher in the family. No way, he can only bow down for five buckets of rice.

For the bonus, you have to fight for anything.

"But I also have one condition. I want to transfer some developers from Qinghe Technology to join the technology center." With such a heavy development task, Wang Yan must also have a development team that can be used easily.

"no problem."

Zhang Shuo readily agreed, "You can even transfer some of the developers who jumped from Tenda this time to the technology center to enrich the talent pool of the technology center."

In order to make room for Zhao Xiaohu, Zhang Shuo transferred the two giants Zhao Mingchuan and Wang Yan from Qinghe Technology one after another.

It is really impossible not to guard against it.

Although the two parties have signed a strict non-competition agreement, Zhang Shuo does not want to say that Qinghe Technology will become an independent kingdom where Zhao Xiaohu has the final say.

That's never a good thing.

"Okay!"

Wang Yan is also a smart person, and he can see through everything he knows.

"Then it's settled."

You don't need to be polite with the big brother Zhang Shuo, and the big deal was finalized in a few clicks.

…………

When Zhang Shuo was adjusting the personnel of Qinghe Technology, good news came from the beautiful country one after another.

First, Cao Yanhua announced the good news.

He has finalized the main contract terms with EPIC and expects to complete the signing within a week.

The main cooperation internally includes:

Jade Bird Mutual Entertainment invested US$6500 million to purchase 10.5% of the issued share capital of EPIC, and at the same time enjoys the priority right to subsequent purchase of share capital, as long as it does not touch the 50% red line.

original time.

In July 2012, Tenda acquired 7% of the issued share capital of EPIC for US$3.3 million.

Acquisition costs are about the same.

The acquisition cost of Jade Bird Interactive Entertainment is slightly lower by 6 million US dollars, which is also due to the different time points.

With the involvement of Jade Bird Interactive Entertainment in EPIC, the difficulty will increase exponentially if Tengda wants to invest in EPIC in the future. In addition, Jade Bird Interactive Entertainment enjoys the priority investment right.

Basically, it is tantamount to announcing that Tengda is doomed to miss EPIC in this life.

It can also be regarded as a kind of revenge for Tengda's previous disturbance in the purchase of Riot's mobile game image authorization by Jade Bird Interactive Entertainment.

Come out and hang out.

Sooner or later you have to pay it back!

At the same time, Jade Bird Interactive Entertainment will invest another 500 million US dollars to jointly establish a subsidiary with EPIC in Binhai City. Both parties will each hold 50% of the shares and will jointly be responsible for developing the Chinese market.

The subsidiary will also cooperate with Jade Bird Interactive to develop the engine of "Black Myth" and other matters.

It can be said.

Cao Yanhua's trip basically achieved all the previously preset goals.

The price to pay is that Jade Bird Interactive Entertainment expects more than 400 million profits in May, all of which will be invested in this investment, and basically will not bring any profit returns to the holding company.

Maybe even post a 20 million upside down.

With the improvement of the entrepreneurial level, the system's algorithm for experience value has also become more intelligent, and there is no need for Zhang Shuo to play the trick of "subsidiaries hand over profits to the holding company, and then the holding company allocates funds".

For example, the funds invested in EPIC this time are allocated directly from Jade Bird Interactive Entertainment's account, and the profit generated by Jade Bird Interactive Entertainment in the current month is used. The system will automatically calculate the double experience value of "profit + expenditure".

Zhang Shuo will not suffer.

So far, Jade Bird Interactive Entertainment has also become the first first-tier subsidiary of Sprout to invest independently.

This is also a step to be taken sooner or later.

Although it is said that Germination Holdings has set up an investment and mergers and acquisitions department, as the subsidiary's business lines continue to expand, it is impossible to say that all investment and acquisitions must be personally handled by the holding company.

Like before Qingcheng Technology acquired a local group buying website, the investment and acquisition department only played a supporting role.

Sooner or later, each subsidiary will develop independently.

…………

On the other hand, with Lu Kai in charge of the beautiful country, a breakthrough has been made in the negotiations with the Thief Saint Group.

The two parties have signed a cooperation framework agreement.

The rest is to negotiate the cooperation details and contract details one by one.

According to the framework agreement, the international investment bank headed by Pirates Saint Group will lead the A-round financing of WiChat, a subsidiary of Sunshine Holdings located in the beautiful country, with an investment of 4.5 million U.S. dollars and a 55% stake in WiChat.

First round of financing.

Sunshine Holdings handed over the controlling stake in WiChat.

In return, the newly established WiChat company not only skipped the angel round of investment, but also had a valuation of as high as $8 million in the A round of financing.

It can be said to be a record.

The international investment bank headed by Pirates Saint Group can be so generous not only because Sunshine Holdings gave up enough shares, but also because Weixin has already gained market recognition in China.

This has raised the valuation of WiChat in a disguised way.

You don’t need to go through rounds of financing like many startups do.

if things go well.

After one or two rounds of financing, WiChat can basically go public.

so.

From the perspective of the Thief Group, this is also a very cost-effective investment.

At the same time, the cooperation framework also specifically stipulates that out of the US$4 million obtained by WiChat in its A-round financing, US$2 million will be used to acquire the WiChat products held by Qinghe Technology.

The remaining US$2.5 million is the company's subsequent operating expenses.

It's like saying.

No matter how much return Sun Holdings can obtain from WiChat in the future, at least as soon as the cooperation is implemented, Germination will obtain a net profit of 2 million US dollars.

It's good enough.

In order to persuade Pirate Saint Group to speed up the negotiation process, after obtaining Zhang Shuo's approval, Lu Kai even made concessions on the nomination of the company's CEO.

Willing to accept someone from Pirates Saint Group as the CEO of WiChat.

Don't do this.

It is also difficult to gain the trust of these international capital predators in a very short period of time.

After this magical operation, Sunshine Holdings will transform itself from the parent company of WiChat to become one of WiChat's investment companies.

Basically no longer intervene in the daily operations of WiChat, and just wait for the listing to make a profit in the future.

(End of this chapter)

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