City: From Inheriting a Courtyard To a Giant
Chapter 587:
Although he is a director of Hongmeng Pan Entertainment, his primary responsibility is not to be responsible for the company. He is responsible for the investment of Sequoia Capital that he represents!
In his opinion. Qin Yan made a serious mistake. So there is no need to give Qin Yan any face.
Qin Yan didn't give an explanation. 2 Then there is no end to it.
The opponent's anger. There was no disturbance in Qin Yan's heart, and he would not give it to the other party either.
With a little bit of face, he just looked down at his nails, "Is there anyone else who wants to say? I'll answer it together."
Seeing Qin Yan's indifferent attitude, all the directors were too angry.
Du Shangzhongshu of Softbank said in Chinese 1 "His Excellency Qin Yan!
Our economics experts believe that the field of cloud computing has some developmental background ... but not as big as you think.
Your strategic layout is too bold and optimistic, and the risk of failure is too high. So what Mr. Sun meant was that he hoped that Qin Jun could advance the "Hongjun Plan" more cautiously.
Venture capital Paul Fowler. "I
Fang agrees with Director Charles and Director Murakami. "
Hilton, Director of Stark Group: Carter has been instructed by his superiors a long time ago. First of all, he must maintain his own attitude. On this basis, unless necessary, he will fully support Mr. Qin Yan's operation of Hongmeng Pan Entertainment.
So, Hilton: Carter said very conservatively, "I think Mr. Chairman will not spend huge sums of money in the field of cloud computing for no reason. You must have your own considerations, but we still need an explanation."
Four of the five external shareholders expressed their views, only Ah Xiang remained silent, watching with a slightly blurred gaze.
Looking at Qin Yan. Some are intoxicated.
Qin Yan looked up at the screen, and after a while, he said calmly: "Explain. Why should I explain?
Mr. Charles, Mr. Murakami, Mr. Fowler, and Mr. Carter, if you have nothing to do in Kyoto, I suggest that you sign up for a tour group to take a good look at the four ancient civilizations and the splendid civilization of 5,000 years. The breath of civilization on the ground. Cultivate your heart and feelings.
As for how the company develops, and where it will go under my leadership, you don't need to shut down.
I know exactly what I'm doing and don't have to explain it to anyone
release. "
(PS. Ask for a recommendation ticket L for completeness I
.L
Chapter 469 Crazy Calculation! Investing in shareholder routines! (4/7)
Except for Ah Xiang, all four directors were furious, no matter how good-tempered they were. I can't bear it now.
But can't stand it. You have to bear it too! Chairman! Don't forget that the money you spend is the funds of all our investing shareholders.
But look what you did? You spent 40% of the Series B funding directly.
That's right. Investors have no right to predict the normal operation of the company, but you are responsible for our investment.
This financing should be used to expand the user scale of MicroBlog and WeChat. in the global market. rather than rushing in
A field where the front and the back are not clear. "
Qin Yan leaned against the back of the office chair and found the most comfortable lying position. Crossing his hands in front of him, he glanced at Sean, Charles: "You're wrong, this is only the company's first deal with IBM, and 75% of the B-round financing will be used to advance the "Hongjun Project" ".
As representatives of investment shareholders, you do have the right to ask where the funds go.
Well now it's over! I get it. , Wait for the financial audit report. Let's adjourn the meeting.
"..."
Sean, Charles still has the same attitude when he sees Qin Yan, and he doesn't know
What should I say next?
"Why, there is something else?" Qin Yan frowned. "Are you going to withdraw the shares? Bring it up now, and I will agree immediately."
"No, it's not!\" Facing Qin Yan's gaze, Sean Charles suddenly panicked
"No, then shut up." Qin Yan said coldly
After a while, no one spoke. Sean: Charles said angrily: I have never seen such an arrogant person!
After saying this, Sean:Charles quit the video conference angrily and helplessly. Other shareholders have also pulled out of the video conference.
Otherwise, what else can I do? The initiative is in Qin Yan's hands. All power structures of the company. They are all firmly in the hands of the other party.
Originally, the board of supervisors and the board of directors were to limit the excessive power of the company's top executives, but in Hongmeng Entertainment, it was completely Qin Yan's two-word hall, and no one could restrict any of his decisions.
These shareholders have nothing to do with him. It has been agreed at the time of financing, and investors are not allowed to choose the specific operation of the company.
The only time these investors are tough is in the conference room of Hilton's B round of financing, if they operate well. You can also be an uncle
.
But it's a pity that Qin Yan never gave them the chance to be grand masters.
Now that the money is in their pockets, I am their real uncle
Even if you want to divest, hehe, you have to agree with yourself. ICe & Qin Wen are not at all afraid of these directors, going to make small reports to their bosses, because no matter how much Hongmeng Entertainment discusses "waste" money", no matter how bad the industry insiders say, no matter how undervalued the valuation ...can't change the fact that-
The business potential of the company itself
field of cloud computing. except himself
, Others really can't see the return, but why do these smart technology giants in the industry enter this field one after another, are they all stupid?
Qin Yan was even skeptical. Foreign mainstream media bad-mouthed their Hongjun plan and desperately lowered the company's valuation. I'm afraid the investment shareholders within the company also contributed a lot. They have some small thoughts that can maximize their benefits.
For example, the Hongjun Project spent so much money. It will cost more money later. This will quickly consume the $500 million raised in the Series B round. At that time, Hongmeng Pan Entertainment will have to launch a C-round financing plan.
And now take the opportunity to guide the fishing boat._Depress the company's valuation
Low. During the C round of financing, they can get more shares at a very low price!
Leaving Hongjun Project aside, Hongmeng Pan Entertainment's other businesses are still expanding wildly, and the business potential is increasing all the time. The international version of Hongmeng Weibo, MicroBlog, has more than 400 million users worldwide. WeChat also exceeded 300 million __ and as long as Qin Yan nodded and agreed to enter the profitable stage.
The company's huge user base. It will shock the world with Hongmeng's terrifying realization ability
Anyway, whatever Qin Yan wants to do will not affect the value of Hongmeng Entertainment itself. Unless the core business is severely damaged, these
Investing shareholders will consider withdrawing their capital and transferring their equity in cash.
And now, even if Qin Yan buys it at a premium, they will definitely not sell the slightest bit of equity in hand.
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