Chapter five hundred and twentieth
Li Xiaojun couldn't be happy at all. Seeing that his first investment project was about to be signed, Chen Qiaoshan was ruined.
He was willing to refuse, but reason eventually prevailed. Chen Qiaoshan was not a false threat. If he really broke up, it would be hard to say who lost and who won.
Venture capital is high risk, and there are many projects that fail to invest. IDG Capital is no exception. Fortunately, compared with returns, the failure of a single project is nothing, but for Li Xiaojun, it is extremely important. After all, this is his first investment. If 5173 is really invested in his hands, it will definitely have an impact on his future career.
Li Xiaojun didn't speak, and Chen Qiaoshan was not in a hurry. Everything was on the table, and Li Xiaojun had no choice.
If he refuses, he will really raise a problem for Chen Qiaoshan. He can only create another 5173. Fortunately, the possibility is very low, and cooperation can only win-win. If he insists on doing his own thing, it will be more of a loss for both parties.
After pondering for a while, Li Xiaojun finally compromised.
Although he was dissatisfied with Chen Qiaoshan's aggressive attitude, in his heart, he was still optimistic about Chen Qiaoshan. If he missed Kang Sheng, he could not miss 5173 again. This may not be an opportunity.
Li Xiaojun dared to conclude that once Chen Qiaoshan completes the acquisition, IDG Capital will definitely pay much more if he wants to join the market, but he is confident that he will convince IDG's senior management because Chen Qiaoshan is a successful entrepreneur, Zhang Bingxin cannot compare with, and Kangsheng is the best proof.
The chances of successful people succeeding in starting a business are much higher than those of start-ups. This is the consensus in the venture capital industry.
"Mr. Chen, tell me, how do we cooperate?"
Dong Qifeng was a little surprised. IDG Capital is a veteran domestic fund, so it would be fine if it was threatened, but at least it would be a struggle. Why did it compromise?
Chen Qiaoshan had been planning for a long time and was waiting for this sentence.
He smiled and said, "It's very simple. I want to know the details of your financing agreement with 5173. Also, I hope you can notify Zhang Bingxin that IDG Capital will withdraw from financing negotiations from now on."
As long as IDG withdraws, there is not much room for Zhang Bingxin to choose. He has no funding channels. As long as competitors appear, the pressure will increase sharply and the hope of financing will become increasingly slim.
Li Xiaojun is not easy to fool. He questioned: "This is not right. Since it is a cooperation, how can I protect the rights and interests of IDG Capital?"
Chen Qiaoshan said: "Once the acquisition is completed, Qingshan Capital will not only inject capital, but also increase the development and promotion of its website, which requires a lot of funds. It is natural to start the first round of financing, and IDG Capital will be our first choice."
This is not a promise at all, but Li Xiaojun believed it. If Chen Qiaoshan spoke nonsense, he might have to hesitate. However, under the current circumstances, IDG will definitely be the first choice to raise a large amount of funds.
After the conditions were negotiated, Li Xiaojun did not hide it and notified Zhang Bingxin about the withdrawal of IDG Capital on the spot.
After the phone was hung up, Chen Qiaoshan took the initiative to extend his hand and said, "Happy cooperation." In his plan, 5173 will definitely carry out subsequent financing, and IDG Capital is undoubtedly the most suitable partner.
Li Xiaojun had no way out at this time. He held Chen Qiaoshan's hand and said, "Mr. Chen, I hope you can fulfill your promise of cooperation."
Chen Qiaoshan said with a smile: "Don't worry, I will definitely not disappoint you."
...
Zhang Bingxin was originally a bit complacent, and the dinner he prepared in the evening was to let Qingshan Capital compete with IDG to raise the offer, but who unexpectedly unexpectedly, one by one, and after receiving a call from Li Xiaojun, he was immediately panicked.
Zhang Bingxin soon realized what the problem was. He said he had quit after he had arrived in Jinhua. The problem must have been at this meal. He was very upset and would not have put two groups of people together if he had known it.
Now that things have come to this point, Zhang Bingxin can't imagine it, so he can only hope for Qingshan Capital. This time he made up his mind and must lower his posture tomorrow and not let Chen Qiaoshan run away.
Unfortunately, things are often unsatisfactory.
The next morning, we met again, and Chen Qiaoshan made a direct statement of his true intention to come to Jinhua this time.
"What, you want to acquire 5173?" Zhang Bingxin was so shocked that he stood up from the chair. This was obviously beyond his expectations. Without thinking, he shook his head and said, "What I want is financing, I won't sell 5173."
Chen Qiaoshan signaled a little, and Dong Qifeng met and said, "Mr. Zhang, let me introduce the situation. Qingshan Capital intends to build an online game trading platform and has already given a budget of 10 million yuan. The core trading procedures are also under development. The acquisition of 5173 is only part of the expansion. You might as well consider our suggestions."
Zhang Bingxin was even more shocked. The news was even more surprising than the acquisition offer.
The reason is very simple. The online game trading platform has low technical content and suddenly there is one more competitor, especially with sufficient financial support behind it. It is difficult for 5173 to have a chance of winning.
Without giving Zhang Bingxin the opportunity to refuse, Chen Qiaoshan said directly: "Mr. Zhang, you might as well listen to our conditions and don't rush to draw conclusions."
As he said that, he took out a piece of materials and handed them over, "This is our acquisition plan. Qingshan Capital plans to invest one million US dollars to acquire 5173."
One million dollars?
Zhang Bingxin's heart suddenly contracted and his adrenaline soared rapidly.
The money is very valuable these days, and one million US dollars is enough to make him live a life of superiority. Even Fang Xingdong, an internet man who is also a fellow villager, became famous with his blog in China, but he only received one million US dollars in financing, which also made Fang Xingdong the pride of Jinhua Internet people.
Zhang Bingxin hesitated. On the one hand, there was a strong competitor and on the other hand, it was tempting to make a huge amount of money, which really made him difficult to make a decision.
He could think that once the acquisition is refused, 5173 will face unequal competition. With his financial resources and ability, it will be difficult to win in the competition. The only opportunity is to find investors, but this is not easy.
Jinhua is in a corner, and the Internet industry is definitely not as good as Beijing, Shanghai and Guangzhou. There are not many financing channels. Now that I have lost the support of IDG, my chances of winning are almost gone.
When Zhang Bingxin thought of Li Xiaojun, he felt a chill in his heart. He could not even guess that IDG Capital's withdrawal must be related to Chen Qiaoshan. The other party has connections and capital, so he couldn't help but feel a little depressed. What should he use to compete with others?
Zhang Bingxin was unintentionally looking through the plan in his hand. His mind was already relaxed and he had no financing. 5173 could only stay on the spot. If he encountered a strong enemy, it would be difficult to maintain annual profits.
If he agrees to the other party's conditions, he can not only get a huge sum of money, but also have capital after starting a business. Which one is better or worse, he actually has the answer in his mind.
5173 After all, he built it with one hand, so there must be feelings. If he really sells it, Zhang Bingxin will still be a little reluctant to let it go, but he can't say anything to refuse. Facing a million dollars, he can't control it.
With the current revenue of the website, I can't make this money for ten years. If I miss it and attract another enemy, the result will probably be even worse.
After thinking about it, Zhang Bingxin had to say, "Mr. Chen, your proposal is too sudden, I have to go back and consider it."
"Yes." Chen Qiaoshan answered very simply. He raised his wrist and looked at the time. "We will return to Yanjing in the afternoon, hoping to get a reply before leaving."
"So quickly?" Zhang Bingxin was panicked. The other party seemed to be calm. He was really guilty.
Chen Qiaoshan looked relaxed, "Mr. Zhang, you should be very clear that it is not difficult to rebuild a 5173. The acquisition is just a part of the plan. I can't stay in Jinhua all the time. I hope you will make a decision early."
Although this was very peaceful, Zhang Bingxin's pressure increased sharply. Chen Qiaoshan was obviously not ready to delay it. Regardless of whether it was true or false, he did not dare to ignore it. "I will not delay it as soon as possible."
…………
Chen Qiaoshan is indeed not ready to stay in Jinhua for too long. He has already set a schedule. Whether it succeeds or not, he will definitely leave.
The air ticket was at 6 o'clock in the evening. After lunch, I rested for another two hours. Chen Qiaoshan and Dong Qifeng checked in and left the hotel and headed straight for Yiwu Airport.
On the bus, Dong Qifeng asked, "Mr. Chen, let's go back like this? What if Zhang Bingxin agrees to sell it?"
"IDG Capital has done due diligence, and the details of Li Xiaojun have sent it to my email address. They can't do anything, so don't worry, Zhang Bingxin is a smart person, he will agree. As for the follow-up process, you and Liu Chang are responsible."
Dong Qifeng's mind moved, "I? This is not OK, Mr. Chen, I don't understand these."
Chen Qiaoshan waved his hand, "No one was born to know it. Just remember a few key points."
"For 5173, the first step is to only accept financial power. Liu Chang is responsible for this. I greeted her and would choose the right financial settlement. Then it would be split up. A R&D center was established in Yanjing, so that Zhang Bingxin could serve as a deputy general manager in Yanjing Company. Only customer service and trading specialist were retained in Jinhua."
Dong Qifeng asked, "Zhang Bingxin is still there?"
"You must stay." Seeing that he was puzzled, Chen Qiaoshan explained: "It is impossible to pay the full amount of the acquisition. This is to prevent problems in the merger and acquisition. This is also a practice. Generally, there is a two to three-year agreement period, and the amount is paid according to the principle of 622, 60% of the first year, and the remaining two years are paid."
Speaking of this, Chen Qiaoshan couldn't help laughing. In the securities industry, 622 is also famous and is a joke in the financial industry.
622 is a synonym for Guotai Junan. Whenever the immediate reward for contracting projects is issued, Guotai Junan can delay four years. It only starts to pay 60% in the second year, 20% in the third year and 4 years. It is difficult to get a job-changing financial dog. This is why he gets the hat of 622.
Chen Qiaoshan thought that maybe recruiting coders can learn it in the future. Being generous is one thing, but talents still have to be retained.
The airport bus was halfway through, and Zhang Bingxin called over. No accident happened, so he agreed to the acquisition offer.
Chen Qiaoshan was nothing, but Dong Qifeng was secretly surprised.
Beside Chen Qiaoshan, only Dong Qifeng is from Jiangsu and Zhejiang, and only he can get away. There is no doubt that this is an opportunity.
Chen Qiaoshan was not prepared to change his itinerary. After discussing the project, his task was completed. As for the rest of the work, there was no need to do it yourself.
"Old, please stay, first contact Zhang Bingxin, understand the situation clearly, and do everything according to the regulations. Liu Chang will bring people here in the next two days. She will assist you in completing the integration. As for those who are out of date, I will tell Yao Yong to ask him to help you take care of it for two days."
"Okay, Mr. Chen." Dong Qifeng agreed very simply.
Chapter completed!