MTL - Rebirth in a Perfect Era-Chapter 1765 Dead with Li Mu

Lu Yunhao has no substantial entrepreneurial experience.

All his understanding and understanding of entrepreneurship stems from his wishful thinking and passion.

He does n’t understand products, technology, operations, or capital, just like a person who does n’t know how to carry a gun to fight or even how to pull the trigger. Every day in his mind, he imagines that he will fight the enemy on the battlefield and build his career. Again, the ideal is full, but the reality is extremely skinny.

Such a person, doing things to say something nice is a bit romantic, but to say something awkward is that his mother does not care.

For example, when everyone else is doing things pragmatically, he has to open his mouth and shut his mouth to put the satellite. He always feels that the satellite is much more, and he will certainly succeed.

But the subsequent failure of entrepreneurship has proved to the world that entrepreneurship depends on doing things, not whimsical and arrogant.

Because of his inexperience and lack of rules, Lu Yunhao, who was born in the wild, was in front of Fang Ping, and opened up financing needs that Fang Ping had never seen before.

Transfer 80% of the shares in exchange for more angel round investments.

In entrepreneurial projects, the founder's rapid transfer of large shares is a minefield that must not be touched. This has been confirmed through many **** examples and has become one of the most important issues for entrepreneurs around the world.

But Lu Yunhao did the opposite.

Given 80% directly, once you come up, you have reduced your share to an extremely dangerous level, which is simply a taboo for entrepreneurship.

But Lu Yunhao didn't care at all. For him, after eating a meal, he doesn't have to be full, but he must eat well, eat well, and eat face.

Therefore, he is willing to give up a large number of shares, but the premise is that the project must support the pomp, and it is not a big problem to allow more shares to go out. The key is that the initial start-up funds must be sufficient, and only with more money can they be engaged. Make a big show and move.

Fang Ping and the Wall Street giant behind him did not expect to take so much of the original shares from this project.

In the eyes of those who do not understand, of course, you may feel that the more shares you own, the better, but Fang Ping is very clear that investors take shares, and it is by no means the more you take, the better, the more you take, others need to bear Responsibility will be reduced.

The ultimate purpose of investors is not to work hard to earn money by themselves, but to let others work hard and make money for themselves.

It's like opening a coal mine. If you own 80% of the shares, then you are the owner of this coal mine, not an investor. You must ask yourself all sorts of affairs in this coal mine.

If you own 30% of the shares, and there is also a large shareholder holding 70% of the shares, you will really have nothing to do, give the money, and go back to sit and wait for dividends.

There are hundreds of investment institutions, and there may be thousands of projects invested in them. Not to mention that these projects let them manage, even if they manage one, it is a headache, the investment institutions themselves are not the material for dry operations.

They are like real estate speculation groups that are scattered around the world. They only want to do business of buying and selling. As for the tedious process of buying land and building houses for sale, they do not want to participate at all and are unable to participate.

Therefore, Fang Ping was a little uncertain at once. Was it right to invest in Lu Yunhao?

However, now that the United States is in the early hours of the morning, none of Wall Street's big brothers got up, so Fang Ping couldn't report to Wall Street immediately, so he talked with Lu Yunhao for an afternoon first.

In the evening, Fang Ping personally entertained Lu Yunhao for a dinner.

At the dinner table, Lu Yunhao kept asking Fang Ping's investment intentions, but Fang Ping did not give him a clear answer, only that he needed to communicate with the US headquarters about the relevant matters before telling him the decision.

As for how long it will take to determine, Fang Ping was unable to give a clear answer.

Normal process, the investment needs to first get the investment project to the investment company's internal investment management meeting. After the meeting, if the investment intention is determined, then talk to the investee about the specific terms and make adjustments. You won't pay until you finish.

Therefore, it should take more than one week at the earliest.

If it is slow, it may not be possible in three or two months.

Lu Yunhao has been a little hard to ride.

He didn't know if he should return to Yanjing to continue work or wait for IDG news in Shanghai.

If he does n’t get a clear result, he just goes back. He ’s a little unwilling. After all, he ’s already prepared for the carp to jump the dragon gate. It ’s unknown whether he can jump the dragon gate now, but let himself go back to that fish pond Here, I am naturally unwilling.

However, if you continue to wait here, it is really difficult to get a clear reply at half past one. If you have been here for a long time, you have been doing nothing here for fear of being more anxious.

At this time, Fang Ping gave him a suggestion. It will be Friday tomorrow. Even if Lu Yunhao is going back, I am afraid that he will have to delay his work for a day. So instead of staying in Shanghai for a few days now, go back on Sunday.

Lu Yunhao thought about it before, but he promised to go back. It didn't make much sense to go back tomorrow. He would just wait until Sunday.

After having dinner, Fang Ping asked Lu Yunhao to return to the hotel to rest first, while he himself returned to the office to prepare a video conference with senior officials from the United States to report the situation and progress there.

As it happens, the time in the United States has already arrived in the morning. For the capitalists, it is the prime time for the start of the day.

During the video conference, Fang Ping told the big brothers in the connection about the conversation with Lu Yunhao today.

After learning about Lu Yunhao's attitude and ideas, many Wall Street big guys could not help shaking their heads. Some people said, "This Lu Yunhao doesn't seem to understand the company's operation at all. All imagination, 20 million US dollars to him, may not really do What happened? "

"Yes." Someone echoed: "Which founder gave 80% of the capital in the angel round as soon as he came up? This way of playing, he was out after two rounds of financing! Who would ask for such investment conditions? ? "

"In my opinion, this guy is just funny! Expecting such a person who doesn't know capital at all to go against Li Mu, it is simply a dream!"

A bunch of Wall Street big guys, you say nothing to me, and it will do nothing for Lu Yunhao.

But at this moment, Kurt, the CEO of IDG Capital, suddenly said, "Everyone, we think this Lu Yunhao is a layman in the capital circle, but, have you thought about it, Li Mu is actually a layman."

This sentence silenced everyone at the meeting.

CEO Kurt continued: "If Li Mu is really a capital-savvy person, he would have been with us for a long time. He can help us make money. We can help him maximize the market value and help him cash in the greatest amount. Wait for him. If you have enough cash, you should become a capitalist on Wall Street, not just an entrepreneur in the Internet field. In this way, not only can he continue to be the leader in actual business, but he can also hoard capital in the capital circle. Eventually he developed into a top capitalist, but what did he do in the end? He actually treats us as enemies and wants to stand on the opposite side of us. Isn't such a person a layman in the capital circle? "

After everyone heard, they nodded.

Indeed, Li Mu is not a material for capitalists at all, but even so, he has made Makino Technology and Taobao Technology what they are now.

This proves that a serious person does not need to be proficient in capital operations to get things done.

Kurt went on to say, "I think that although Lu Yunhao does not understand capital, he can at least see the situation and has a certain influence. Since we can't find a more suitable person in the short term, we might as well let He gave it a try. The urgent task now is to move as quickly as possible before Li Mu is hungry across the entire Huaxia area. Otherwise, once this good opportunity is compromised, who will do it? It can't be successful! "

One word awakened the dreamer.

Everyone realized that the key now is not to pick up Lu Yunhao's shortcomings, but to let Lu Yunhao run the business as soon as possible, and first occupy a pit where Li Mu has not yet touched.

Giving Lu Yunhao 20 million US dollars is not a problem for these Wall Street gangsters ~ www.novelbuddy.com ~ The reason they are tangled is because their thinking mode has always been loyal to their interests. They are worried that the 20 million US dollars will be thrown in only to accompany The lunatic is raising the ground.

However, it seems that the most suitable candidate right now is Lu Yunhao. The timing is urgent, and they can no longer afford to consider more.

Therefore, everyone hurriedly adjusted their thinking and began to formally follow-up investment planning based on Lu Yunhao's situation.

Everyone soon made a decision to invest Lu Yunhao in an angel investment of 20 million US dollars, accounting for 80% of the shares, so that Lu Yunhao could start the first stage of work as soon as possible.

If Lu Yunhao did well in the first stage, everyone continued to vote for Lu Yunhao in the second stage. At the same time, as a reward, 20% of Lu Yunhao's shares could not be diluted. If Lu Yunhao's performance can still satisfy shareholders, his shares can be retained until B round of financing.

The reason to give Lu Yunhao the benefit is to ensure that this guy has enough shares in his hands. Otherwise, if he has only a single digit left in his hands in a few rounds, he is likely to pick at any time.

The specific investment of 20 million US dollars was led by IDG to invest 50%, and the remaining 50% was invested by five other Wall Street investment institutions at a rate of 10% each, and the subsequent rounds A and B to C , And the six investment institutions will continue to invest in this 5: 1: 1: 1: 1: 1 ratio.

There are two ultimate ideal outcomes these Wall Street big men envision:

First, the cumulative investment is no more than 300 million US dollars, and then sold at a price of no less than 3 billion U.S. dollars, so it is sold to Makino Technology or other companies.

Second, the cumulative investment is not more than 500 million US dollars, and then listed on US stocks with a market value of not less than 5 billion US dollars. From the US secondary market, a huge amount of one billion US dollars is raised, and Li Mu continues to die.