Rebirth: Dominating The World, Starting From The Campus Network
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"Mr. Lu, please talk about your conditions," Xue Cunhe said.
Although Lu Yi's words made them feel a bit uncomfortable, they were still prepared to listen first. If it's not a big deal, they can just pat and scatter.
"The equity structure of future technology will adopt the" ab share "system, where investors only have voting rights but no decision-making power, and I must have one veto power over the company."
After Lu Yi finished speaking, Liu Wen couldn't sit still.
"Mr. Lu, your desire for control is too strong. This condition is obviously advantageous to you, and there is no guarantee for us investors. It's too unfair."
Huang Zhen also said, "Not bad, I can't accept such conditions. Without decision-making power, it's just fine. But if you have even the veto power in your hands, if you squander our investor's money, wouldn't our losses be huge?"
Although Xue Cunhe did not speak, it was obvious that he could not accept this condition.
Lu Yi refused at all: "The decision-making power and veto power of the three CEOs must be in my hands. Because only I, as the leader, can lead the campus network to overcome difficulties.".
I don't want the future because I don't have the veto power to propose doing something, and if you don't agree or have any expectations, just reject it directly. That would be too hindering the company's development
Liu Wen said bluntly, "Mr. Lu, forgive me for being blunt. VC's mind will only agree to this condition if it gets caught by the door and he goes crazy."
Lu Yi didn't care at all and said, "I dare to propose this condition because I have confidence and the ability to run the company well. In one sentence, when investing in me, don't say anything, don't ask anything, don't do anything, don't think about anything, just lie quietly and wait for the money to be counted!"
Xue Cunhe was shocked by Lu Yi's arrogant and boundless tone.
In the past, it was the founders of companies who came to them for investment, promised them various harsh conditions, and showed them great respect, fearing that they would be unhappy and not be able to get the investment.
It's better now.
They personally came to Future Technology and expressed their willingness to invest, but as a result, Lu Yi had a nose full and asked them not to say much or ask much, just to look at it.
What kind of thing is this!
They have never encountered such a crazy founder before!
Shouldn't it be an investment talent or a master?
How do you feel now that Lu Yi, the investor, is the real master, and they are the grandchildren?!
Xue Cunhe and the three of them looked at each other, wanting to just shake their sleeves and leave.
But I don't want to leave!
Because they are indeed very optimistic about the future of the campus network, and through the chat just now, they have more confidence in the future of the campus network.
So this is very complicated.
They want to be grandsons, but Lu Yi is even more powerful than them. He wants them to be grandsons. Who can argue with him!
"Mr. Lu, how can you attract investment with your attitude? Investors will be scared away by you!" Xue Cunhe said with a bitter smile.
Lu Yi smiled and said, "Aren't the three CEOs still sitting here?"
Immediately, he put away his smile and said seriously, "I'm not crazy, but responsible to investors, to myself, and to the business I do. Otherwise, I would have directly agreed to Weihard's recruitment. Isn't an annual salary of one million meters fragrant?"
"What I want is to trust my investment, not to come in with a skeptical investment. If you think I can't succeed, why invest in me? If you think I can succeed, then don't doubt anything. Give me the money and wait to count it!"
Xue Cunhe and the three of them exchanged a glance, and in the end
"Alright, Mr. Lu, we have agreed to your condition! I'll see if you're sharp tongued or if you're capable enough. I'll take a gamble!"
Seeing the three people agreeing, Lu Yi also breathed a sigh of relief and smiled, "Since that's the case, then the three bosses, let's talk about specific investment matters next."
The next thing is a bargaining process.
Finally.
Under the absolute dominance of Lu Yi, Xue Cunhe and his team agreed to Lu Yi's proposal: the three of them invested a total of 9 million yuan, with Lu Yi giving up 6% of the equity. After financing, the future technology valuation will be 150 million yuan.
At the same time, reserve 15% equity as an option pool to recruit talent for the company in the future.
And this 15% equity is issued by the founder.
The reason why the three of them agreed to this plan is somewhat conservative.
After all, they agreed to Lu Yi's previous conditions.
If it were true that each person invested 10 or 20 million yuan, and if Lu Yi was just exaggerating, wouldn't they have suffered a huge loss.
3 million, whether it's more or less, they can still accept it even if it goes down the drain.
After completing the angel round financing, the weight ratios of major shareholders of Future Technology are:
Option pool reserve: 15%
Lu Yi: 79%
SoftBank: 2%
IDG: 2%
Deep Venture Capital: 2%
Say a word.
Liu Hong, Zhang Hai, Han Feng, and Lan Lan each have a 1% stake, which was agreed upon by Lu Yi before starting their own business, as the four of them are one of the founders of Future Technology.
However, Chen Fan has discussed with them that after the company goes public in the future, it will be taken out of the reserved option pool.
If taken out now, it will continue to be diluted in the subsequent financing process.
And Du Qing has 0.25% equity.
Because the other party's technology is indeed impressive, such talents naturally need to be retained, so rewarding 0.25% equity is considered a way to attract them.
After reaching an agreement, it's time to sign the contract.
Because Future Technology has not yet established a legal department, Lu Yi found a consultant at a law firm to help review the contract. After confirming that there were no issues, the contract was officially signed.
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