Looking back on 2009

Chapter 284 Unexpected Reaction

The conference room fell silent.

Lin Xue's words were half a reminder and half a threat, and everyone reacted.

Lei Jun frowned, and glanced at Chen Zhihe.

Before this, the two had discussed each other's possible moves, but they didn't expect the other party to be so domineering.

Chen Zhihe chuckled and said, "So, it's really a gift in the snow, what else?"

Lin Xue was a little hesitant, and Chen Zhihe's reaction was a bit beyond his expectation.

Every time you invest in the past, this trick is almost always beneficial.

Those small companies can't refuse them at all, because if Tencent is optimistic about a product, if they can't acquire or invest in it, they are fully capable of starting a new one in a short period of time to come up with a competing product.

Relying on their huge user base and user stickiness, they will soon be able to pull users into their camp.

Since then, the development of small companies has almost collapsed.

Of course, it is not all a bad thing to let Tencent enter the game, otherwise many people would not be proud of Tencent's investment.

Not everyone has full confidence in their products, and Tencent can offer too many benefits.

Not to mention the comparison, they are willing to give money, which is not comparable to ordinary investment institutions.

The only problem is, they give more and take more.

Unable to figure out what Chen Zhihe was thinking, Lin Xue stopped guessing. According to the planned strategy, she said in a deep voice: "Besides, the college market of Baike Company is almost saturated, I think you are also aware of it. At this point, we began to lay out the urban market. But the urban market is not comparable to colleges and universities, no matter in terms of capital investment, urban management access, or operational difficulty, it is not comparable to entering a college.”

Raising her voice, Lin Xue continued: "This requires a lot of funds and a certain amount of experience in government coordination. You don't have it, but we all have it."

Chen Zhihe nodded and said, "Boss Lin makes sense, so what do you think?"

Lin Xue said in a deep voice, "We want 20%."

This was the result of the collective discussion of the investment department before coming here, and the company's top management also agreed.

In fact, they have already paid attention to Baike Company, but Tencent generally does not invest in the AB round, and it does not mean much to them if it does not reach a certain scale.

On the one hand, they don't care about the risk. The most important thing is that there are too few start-up companies that can survive in the market. If they can persist until the C round, it means that the company does have potential, and this is the time for them to make a move.

Baike is the only one in the market. In the beginning, they didn't like the university model of Baike. They felt that the market was too small and there was little potential for development.

It's not that they haven't considered that Bike will operate in the city, but most people think that the market acceptance will not be very high.

However, the expansion of Baike is too fast. Among young people, this green and convenient mode of transportation is very popular.

And Shenzhen is a place where young people gather, so it can be said to be a city of young people.

In addition, green and environmentally friendly travel has become a hot spot recently. As the pioneer of reform, Shenzhen City is very likely to be accepted by the management.

This made their hearts flutter.

In particular, Baike's recent research in the Shenzhen Stock Exchange confirmed their judgment.

20% is indeed a bit too much, but they are Tencent.

If they get too little and the income is too low, they don't need to invest at all.

In the final analysis, it is a market law that big fish eat small fish, which has nothing to do with morality.

"impossible."

"I disagree."

Lei Jun and Tang Wan shouted out at the same time, expressing their opposition.

The reason for Lei Jun's objection is very simple. His current shareholding is only 20%. If Tencent also wants 20%, then he is not even the second largest shareholder.

Since the development of the company, he has devoted all his attention to his work, simply because visiting customers is his own business, and because Chen Zhizhen basically doesn't intervene much.

If he becomes the third largest shareholder, it's really hard to say who will have the final say in the company, at least they are definitely not as good as Chen Zhihe.

Lei Jun welcomes Tencent's investment, because the company has indeed been burning money until now.

But they want so much, he can't accept it.

Tang Wan's objection was completely considered from Chen Zhihe's point of view.

For investors, it doesn't matter how much Tencent wants.

On the contrary, their arrival can also help Baike develop better, which can be regarded as beneficial to her without any harm.

But from Chen Zhihe's point of view, Tang Wan felt that Chen Zhihe would definitely not agree.

Baike is now developing very well and has a bright future. Even if there is no Tencent, some institutions are willing to enter the market. Why should so many shares be given to Tencent?

Concentrating so many shares in the hands of one institution is too risky.

Contrary to everyone's expectations, Chen Zhihe laughed.

Regarding Lin Xue's request for 20% of the shares, Chen Zhihe neither agreed nor disagreed. Instead, he looked at Lin Xue with interest and said, "If this is the case, your sincerity is not enough."

When Lin Xue heard this, her face was filled with surprise and uncertainty.

If you want 20% of the shares for one bite, no sincerity will matter.

Chen Zhihe didn't seem to object, this is the most important thing.

This shows that there is something to talk about.

Before coming, he felt that this trip must be a tough battle, so there was the scene of overwhelming others at the beginning.

Unexpectedly, as the founder, Chen Zhihe didn't seem to object?
However, this doesn't make sense.

Could it be that there is something wrong with Baike?
Generally speaking, unless the company has problems, as a founder, who is willing to let their equity be diluted?
The experienced Lin Xue was confused by Chen Zhihe's attitude and didn't know what to say.

Originally, he had already made plans to continue persuading him, but before the words came out, the other party just refused to accept the offer.

This made Lin Xue feel depressed as if she had punched cotton.

Leaving aside Lin Xue's uncertain face, Lei Jun, Tang Wan and Wu Sheng all looked at Chen Zhihe when he saw what he said.

Lei Jun's eyes are the most complex, with doubts, puzzlement, and a hint of dissatisfaction.

But Tang Wan and Wu Sheng simply didn't want to understand why Chen Zhihe would say that.

Chen Zhihe shook his head at Lei Jun, and patted him on the shoulder, telling him not to be restless.

After thinking about it for a long time, she couldn't understand what Chen Zhihe was thinking, so Lin Xue simply stopped thinking about it. Anyway, the research on Baike was comprehensive enough, so there must be no major problems.

Therefore, Lin Xue said: "Of course, if you agree to a 20% stake, in addition to Tencent's comprehensive drainage, we can guarantee that the next round of financing will introduce institutional investment, and the amount will not be less than 5 times the amount of this round of financing. .Of course, this is applicable if you dream of achieving the corresponding performance."

Chen Zhihe asked back, "Do you have a letter of intent for investment?"

Lin Xue smiled and said, "Of course."

……

　First update~
　　
　
(End of this chapter)