Completed Salted Fish's Self-help Strategy

Chuyuanxi side of laughter, and Ba entertainment do neighbors Pengfei technology inside the same harmony. Li Zhaokai and Gu Shujun come out of the left eye studio and report their good news to their father before they return to the company. The main investor of Pengfei technology is Daxia investment, which is also an old private equity company in China. Yu Qiang, the manager in charge of this investment, rushed to Pengfei immediately.

After listening to Li Zhaokai's words, Yu Qiang's state can be described as: excited at a loss. So when Li Zhaokai returned to the company, he was already waiting for them in the conference room with a big stomach.

They are all old friends. Yu Qiang doesn't have to be polite to Li Zhao. He pulls his tie and directly asks, "I already know the plan. You want to cross-border IP investment. This should have brought the head of the IP investment department, but I want to know your specific needs first. "

"30 million." Li Zhaokai is not ambiguous, "it depends on Zheng De's asking price. In addition, Pengfei has invested 10 million yuan from its own funds."

"Wait a minute, will the 30 million yuan be directly invested in your partnership or Pengfei, and then Pengfei will switch to your partnership?"

"Go straight to Pengfei." Li Zhaokai's abacus is ringing. After financing, Pengfei will have 40 million capital reserves, which is enough.

"To Pengfei?" Yu Qiang is not surprised, "what is the valuation?"

"It's the valuation of round d before." Li Zhaokai pretended not to care.

"How could that be?" Yu Qiang was elated and said, "when you do round D, how much is your cash flow, profitability and PE? How much is it now? How can it be

"But if you want to reduce the valuation, will it trigger a ratchet?" Gu Shujun interjected, "then we are in big trouble."

Ratchet is a common term in financing. In order to ensure the interests of investors, it is a compensation measure when the valuation is reduced. Usually, when the ratchet is triggered, the company will have a lot of trouble, because the entrepreneurial team needs to cut its own flesh.

Yu Qiang said: "there's no way. According to the previous valuation, it's too high. I have to have past reasons to persuade the company."

Li Zhaokai rubs his eyebrows. Of course, it's troublesome, but he can't help it. After thinking about it, he said: "there are still some things to say. The purpose of this investment is very clear, the expected rate of return on capital is also considerable, and this IP will have a long tail effect. If the valuation is calculated after the investment income is recorded, the valuation of Pengfei will exceed that of round d before."

"That's not enough. What you say is anticipation, not reality. Our investment companies always have to avoid uncertainty, even if I am very optimistic about your investment plan. " In fact, Yu Qiang is optimistic. After all, the word "Spring Festival stall" is glittering.

"Then we can capitalize our R & D expenses." Li Zhaokai some guilty said, "so at least from the perspective of PE is no problem."

The so-called capitalization of R & D expenses is a kind of financial magic. Calculating R & D expenses as intangible assets can not only "reduce" expenditures, but also "increase" profits, making the financial statements very good-looking and fully in line with accounting standards. But it doesn't generate any real cash flow.

Many listed companies like to use this move to beautify their financial statements. The one who is best at using this financial magic is a TV company that will return home next week. Accountant Jia plays this trick very well. Technology companies can be counted as R & D investment expenditure is generally very high, Pengfei technology is of course the same.

Yu Qiang knocked on the table, stretched his neck and said, "it's useless! This is to fool A-share leeks. Do you want me to lose my head in the company? Why don't I give you an idea? "

"Go ahead, please."

"Layoffs." Yu Qiang's huge tonnage returned to his chair, and the three thousand yuan swivel chair trembled.

"Only when I get excellent projects and cut some redundant staff can I persuade the company. You have to know that we have discussed the issue of Pengfei for many times. Why did we gradually become mediocre from a cash cow? Especially your profitable projects are still profitable. The conclusion is that redundancy is the most important reason, so strategic layoffs are essential. "

Li Zhaokai nodded quickly: "no problem. In fact, we have noticed this. We have been doing it all the time, but we don't do much. Then I'll start strategic downsizing now, and you'll go back to the company and make a report. Let's work together and try to do it as soon as possible? "

"Well, I can't afford it. I have to race against time. It's true that the movie is almost online. Is it time to play this game? "

Gu Shujun was relieved: "as long as Zheng de fund cooperates, there will be time."

"Well, how much valuation does Zheng de require for this project? Can you tell me? "

Li Zhaokai and Gu Shujun looked at each other. Gu Shujun said, "it's not settled yet, but the meaning of the left eye God is that Zheng de will spit out as much as he takes."

Yu Qiang was drinking mineral water, puff on the spray, cough for a long time just looked up, panting and said: "Lao Gu, are you teasing me? She won't agree even if you take yuan Mu's day off. That's Zheng De, great. Don't throw it in the water. You won't take advantage of it! Don't say Zheng De, we can't afford to lose this man in summer! "Gu Shujun had no choice but to smile bitterly, "I know. If only I could get this kind of diamond beep every day! The problem is that the left eye God doesn't know where to get his confidence. He must lower the price, and I have to talk to Yuan mu. I've really beeped the dog... "

Li Zhaokai waved his hand: "Mr. Gu, you'd better think about who to cut off first. We'll talk about the beedog later. At least fifty people have to be laid off? "

Gu Shujun nodded and pondered: "marketing department, now the function of marketing department is not clear, and its use is not big. Just add chaos and don't do anything, cut the market first!"

Li Zhaokai nodded: "the reason can be sufficient, N + 1 can save the province."

Gu Shujun chuckled: "reason, look at me."

Yu Qiang was satisfied with the smile: "layoffs will not have a real impact on your company, right?"

"No, No. The earth turns away from everyone. " Li Zhaokai waved his hand and sent Yu Qiang away.

Gu Shujun turned his face and went into Chen Qi's office. He asked her to print out her attendance sheet and said contentedly, "you go to inform Qi Yu, because she is absent from work, and her business is not up to standard, and she does not participate in business training. Therefore, she is dismissed without compensation."

Chen Qi looked at him in wonder and said, "Qi Yu is absent from work?" She picked up the attendance sheet to have a look. It's true that Qi Yu has no attendance record for several days this month.

At this time, she suddenly remembered that a while ago, the company organized a staff training for the marketing department, and she was the leader of the team. As a result, Qi Yu asked for leave and didn't go. Wait a minute. She remembers clearly seeing Qi Yu come with a fake note that day, but Qi Yu's attendance sheet is blank that day?

She suddenly understood, took a breath, quickly nodded and left the office. A moment later, the voice of Qi Yu suddenly rang out in Pengfei technology, and many people could hear it: "I clearly handed in the fake slip!"

"What did you do in those days?" she said

"I've gone through the sales formalities. I have to work on weekdays."

"Ah? Where do you live now? "

"I rented a living room nearby. I just moved." Speaking of this, Qi Yu's eyes are a little red. The so-called hall partition is a partition in the living room. In other words, it's like a Beipiao if you want to share with others.

She clenched her little fist and said with a little hope, "sister Chen, please check it for me. I must have handed in the fake slip those days."

"I handed in the slip, but I didn't approve it."

Just at this time, Gu Shujun actually came out and said haughtily, "don't you always say you're not going to do this broken job and go live to earn money? It's just fulfilling your wish. Anyway, your ability to do this job is not good. It's good to get rid of it as soon as possible. "