Rebirth in a Perfect Era Chapter 1765: With Li Mu die

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Lu Yunhao has no substantial entrepreneurial experience.

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

He does n’t understand products, technology, operations, or capital. It ’s like a man who does n’t know how to carry a gun to fight a war, or even how to pull the trigger. Every day he imagines himself fighting on the battlefield. The enemy and the meritorious cause are the same. The ideal is full, but the reality is extremely skinny.

People like this, it ’s romantic to do things better, but it ’s harder to say, but it ’s his mother ’s tone.

For example, when others are doing things pragmatically, he has to open his mouth and close his mouth to put the satellite. He always feels that if the satellite is put in too much, he will surely succeed.

However, the subsequent entrepreneurial failures proved the truth to the world. Entrepreneurship relies on doing things, not on whims and ostentation.

Because there is no experience, no rules, Lu Yunhao, who was born in Nojiko, opened a financing demand that Fang Ping had never seen and heard before Fang Ping.

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

In the entrepreneurial project, the quick transfer of a large number of shares by the founder is a minefield that must not be touched. This has been confirmed by many **** examples and has become one of the most concerned problems of entrepreneurs around the world.

But Lu Yunhao did the opposite.

Give 80% directly, and reduce your shares to an extremely dangerous position as soon as you come up, which is a taboo for entrepreneurship.

But Lu Yunhao doesn't care at all. For him, he doesn't necessarily have to eat enough to eat a meal.

So, he is willing to give up a large number of shares, but the premise is that this project must support the platoon, let more shares go out, there is no big problem, the key is that the initial capital must be sufficient, only the money In order to make a big show, a big move.

Fang Ping and the Wall Street crocodile behind him did not think about taking so many original shares from this project.

In the eyes of people who do n’t understand, they may think of course that the more shares they take, the better, but Fang Ping is very clear that investors do not take more shares, the better, the more, The responsibilities that others need to take will shrink.

The ultimate goal of investors is not to work hard to make money on their own, but to make others work hard to 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 ’ll have to personally deal with various matters in this coal mine. possible.

If you can take 30% of the shares, and there is a large shareholder with 70% of the shares in it, you really do n’t need to control anything, give the money, go back and wait for dividends.

There are hundreds of people in investment institutions, and there may be thousands of projects invested in their hands. Not to mention that these projects let them manage, even if they let them manage one, it is enough headache, the investment institution itself is not dry. material.

They are like real estate speculators circling around the world. They just want to do the business of buying and selling. As for the cumbersome process of buying land and building a house, they do not want to participate at all, and are unable to participate.

Therefore, Fang Ping was a bit undecided. Was it the right thing to invest in Lu Yunhao?

However, now that the United States is in the early morning, Wall Street gangsters are not getting up, so Fang Ping cannot report to Wall Street immediately, so he chatted with Lu Yunhao for an afternoon.

In the evening, Fang Ping personally hosted 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, but said that he needed to communicate with the US headquarters about relevant matters before informing him of the decision.

As for how long it takes to determine, Fang Ping cannot give a clear answer.

In the normal process, the investment needs to get the investment project first and get it in the investment company ’s internal investment management meeting. After the meeting, if the investment intention is determined, the specific terms and the back tone will be discussed with the investee. The payment will be made after all the processes are completed.

So, the fastest time is more than one week.

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

Lu Yunhao has always been a little difficult to ride a tiger.

He does n’t know if he should go back to Yanjing to continue working, or IDG news such as Shanghai.

If he ca n’t get a clear result and go straight back, he feels a little unwilling. After all, he has already prepared for the carp to jump the dragon gate. It is not yet known whether he can jump the dragon gate, but let himself go back again In that fish pond, I am naturally unwilling.

However, if you continue to wait here, it will be really difficult to get a clear reply at 1:30. If you spend a long time, you may be more anxious if you have been doing nothing here.

At this time, Fang Ping gave him a suggestion, that tomorrow is Friday, even if Lu Yunhao went back, I am afraid that he would have to delay a day's work, so instead of doing so, it is better to stay at Shanghai for a few days and go back on Sunday.

After thinking about it, Lu Yunhao promised to come down. It does n’t really make sense to go back tomorrow. Simply wait until Sunday.

After eating, Fang Ping asked Lu Yunhao to return to the hotel to rest, and he himself returned to the office, preparing to hold a video conference with senior officials from the United States to report on the situation and progress.

Exactly, the time in the United States is already in the morning. For capitalists, it is the prime time for a day to start work.

In the video conference, Fang Ping told the big brothers in the line about the situation of chatting with Lu Yunhao today.

After learning about Lu Yunhao's attitude and ideas, many Wall Street gangsters couldn't help shaking their heads. Some people said: "This Lu Yunhao doesn't seem to understand the company's operation at all. Everything is based on imagination. 20 million USD gives him something that may not really be able to do anything. Come."

"Yes." Some people echoed: "Why would the founder give 80% of the capital in the angel round? This gameplay, after two rounds of financing, he himself is out! Who will take the initiative to ask for this Investment conditions? "

"In my opinion, this guy is just ridiculous! Expect such a person who doesn't understand capital at all to go against Li Mu, it's simply a fool's dream!"

A bunch of Wall Street gangsters, you said nothing to me, and Lu Yunhao lost everything.

But at this moment, Kurt, CEO of IDG Capital, suddenly said, "Everyone, we all think that 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, help him maximize cash out, etc. With enough cash in his hand, he should be transformed into a Wall Street capitalist, not just an entrepreneur in the field of internet. In this way, he can not only continue to lead the real business, but also continue to be in the capital circle. Hoarding capital eventually developed into a top-notch capitalist, but what did he do in the end? He turned us into enemies and wanted to stand against us. Isn't such a person a layman in a capital circle? "

After listening, everyone nodded.

It is true that Li Mu is not a material for capitalists at all, but even so, he still made Muye Science and Technology and Taobao technology as it is now.

This proves that a person who does things seriously does not need to be proficient in capital operation, but he can do things well.

Kurt went on to say: "I think that this Lu Yunhao although does not understand capital, but he can at least see the situation and has a certain influence. Since we will not find a more suitable person in a while, Let him give it a try. The priority now is to move as soon as possible before the Li Mu has spread out the Ele.me in the entire China range. Otherwise, once this good opportunity is missed, who will do it? It ’s impossible to succeed! "

In short wakes up the dreamer.

Then everyone realized that the key now is not to pick Lu Yunhao's shortcomings, but to let Lu Yunhao run the business as soon as possible, first to occupy a hole in the place that Li Mu has not yet touched.

For Lu Yunhao, 20 million USD, it ’s not a problem for these Wall Street gangsters. The reason why they are entangled is because their mindset has always been loyal to their interests. They are worried that this 20 million USD will only smash into the madman.

However, it seems that the most suitable candidate at the moment is Lu Yunhao. The time is tight, and they can no longer allow them to consider more.

So, everyone adjusted the thinking of hastily and began to formally follow up the investment plan based on Lu Yunhao's situation.

People quickly made a decision to invest in Lu Yunhao ’s angel investment 20 million USD, accounting for 80% of the shares, and let Lu Yunhao carry out the first phase of work as soon as possible.

If Lu Yunhao did well in the first phase, and everyone continued to vote for Lu Yunhao A in the second phase, as a reward, Lu Yunhao ’s 20% shares can not be diluted. If Lu Yunhao ’s performance can still satisfy shareholders, his shares can be Keep until the B round of financing.

The reason to give Lu Yunhao the benefit is to ensure that this guy has enough shares in his hand. Otherwise, if there are only single digits remaining in this guy ’s hand for a few rounds, then he is likely to pick the pick at any time. Too.

The specific investment of 20 million USD is led by IDG to invest 50%, and the remaining 50% is invested by another five Wall Street investment institutions at a proportion of 10% each, and the subsequent rounds A, B and C The six investment institutions will continue to invest in accordance with the ratio of 5: 1: 1: 1: 1: 1.

There are two types of final ideal results expected by these big guys on Wall Street:

The first kind, the cumulative investment does not exceed 300 million USD, and then sell it at a price of not less than 3 billion USD, and then sell it to Muye Science and Technology or other companies, this does not matter, the higher the price;

Second, the cumulative investment does not exceed 500 million USD, and then is listed on US stocks with a market value of not less than 5 billion USD. From the US secondary market, a large amount of billion USD-level capital is raised, and it continues to die with Li Mu.