A neutral city should be chosen for merger negotiations.
Thanks to Lao Zhu's guidance, the meeting was held, and the place he finally chose was a hotel in Pengcheng.
The people present were not complicated either. Lao Zhu and Dai Wei were still on the opposite side. Goose Chang did not show up directly, but Lin Yi was accompanied by Hu Weiwei and Wang Xiaofeng.
When these two people received the news from Lin Yi, they did not agree immediately, but they did not express opposition.
Generally speaking, both Hu Weiwei and Wang Xiaofeng have a relatively flexible attitude and are prepared to act according to circumstances, and do not have the idea of "having to fight to the death."
It cannot be said that they are not determined enough for their career.
Hu Weiwei was originally a layman, and Wang Xiaofeng was just a manager before. He entered the shared bicycle industry and got to where he is now. The harvest in one year is enough for him to last a lifetime.
Lin Yi didn't specifically communicate with Li Bing, but the two of them probably passed the meeting before coming, and they should have obtained the other party's permission.
He just specifically explained to Majek that mergers were not uncommon in the industry, so the latter had no objection.
In short, during the negotiation, Lin Yi was basically the one doing the talking.
On the other side, Lao Zhu was leading the conversation, with Dai Wei occasionally adding a little bit. It is worth mentioning that his attitude towards Lin Yi was indeed very different today, and it seemed that he had gained some points.
They talked relatively smoothly at first.
Because both Xiaohuangche and Mobike had received merger suggestions more than once when they were constantly raising money and burning money, and they were mentally prepared for this.
Therefore, although the models of the two companies are completely different, there is no essential difference in their business models after all, so they can hit it off on many details.
This progress originally excited both sides, but huge differences soon emerged.
"After the merger of the two companies, Wanli Travel will become the largest shareholder. We should appoint the chairman of the board, and at least one director seat will be reserved for Goose Factory."
Lin Yi's request is not excessive. They have just preliminary negotiated a merger between the two parties at a ratio of 1:1. In this case, after the merger, Wanli Travel's shareholding ratio will still exceed 20%.
Before the merger, the chairman of Mobike was still Li Bing, who had long been ineffective. The goose factory on the other side of Xiaohuang Bicycle did not interfere too much with them, so it was Dai Wei himself.
For Lao Zhu and the investors he represents, board seats are not their primary concern because they cannot be allocated to them.
But Dai Wei is different.
"no!"
He expressed his objection almost subconsciously and spoke out before he could understand the reason. This behavior received a warning look from Lao Zhu's eyes.
Dai Wei had a problem the last time he discussed investment with Lin Yi, so this time Lao Zhu specifically reminded him to pay attention to his attitude.
Because Lin Yi can veto the merger with one vote. If things cannot be reached, he can talk slowly, but if he offends someone, it will be completely unfair.
Dai Wei originally listened, but Lin Yi couldn't find anything wrong with his attitude today.
However, when he heard that Lin Yi, or someone designated by Lin Yi, was going to take the position of chairman, he still instinctively felt that something was wrong.
While the atmosphere was slightly stagnant, he had already figured it out.
This meeting between Dai Wei and Lin Yi was not a settlement of old feud, at least it was polite, and there was nothing unusual about it.
But he still clearly felt Lin Yi's perfunctory attitude towards him.
That means disapproval.
Dai Wei has a good background. He may be a proud and sensitive young man, but he is definitely not stupid.
He still remembered Lao Zhu's reminder before coming, so he didn't show any impoliteness, nor did he take advantage of Lin Yi's attitude to talk about things.
"I fully support this merger, but after the merger, I hope that our new company will still be run by ourselves, rather than by investors."
Dai Wei did not directly say that he would serve as the chairman, but he could see that Hu Weiwei and Wang Xiaofeng opposite him had no obsession with this.
What's more, even if they have any ideas, Dai Wei feels that his conditions are completely enough to defeat them and win the position of chairman.
"No, there is no need to discuss this matter."
Although Lin Yi's tone was calm, his opinions were unquestionable.
Dai Wei's feelings are correct.
To put it bluntly, Lin Yi has never trusted him. If he can work honestly and honestly, as discussed previously, Lin Yi will not object to remaining CEO.
But if he wants to go further and want to make a statement, there is no way for him to do so.
Dai Wei's heart sank after hearing this, and he became even more worried.
Xiaohuangche has raised seven or eight rounds of financing in the past two years, and its equity has been severely diluted. It will not be easy for him to maintain control after the merger.
This is also due to the decentralized control of Mobike, and neither Hu Weiwei nor Wang Xiaofeng can form strong competition with him.
So his opponent became Lin Yi.
Lao Zhu saw that he was nervous about this issue, so he smoothed things over and said, "How about this? After all, there are many differences between Xiaohuang Bicycle and Mobike. I'm afraid it won't be smooth sailing when they get used to each other."
"In order to ensure their respective rights, both parties retain a veto power, which will be exercised by Dai Wei on the yellow car side and Wanli Travel on the Mobike side."
"As for the position of chairman, it can be decided by shareholders' vote."
Lao Zhu gave Lin Yi a hint, meaning that he would support him on the chairman's matter, so that both parties would have an explanation.
Dai Wei didn't say anything either.
He knew that it would be difficult for him to get more support from investors than Lin Yi, but with a veto power in hand, at least the CEO should be able to secure his position.
However, Lin Yi refused directly: "I don't want to play house with you and play a game of mutual veto. We have just discussed that the one-vote veto power of both parties will be invalidated at the same time, so there is no need to waste time again."
"I still say what I said, this matter is non-negotiable."
Although the shareholders' meeting is the company's highest authority, generally speaking, few matters need to be handled at this level.
Therefore, the most direct manifestation of the company's management authority is the board of directors, and Lin Yi does not intend to give in on this.
He had thought about it before. Dai Wei could only play the role of a tool man at most. If he didn't obey, he would just step aside.
Lin Yi believes that in the post-merger board of directors, it is impossible for Dai Wei to make a huge difference.
Maybe it was the word "playing house" that offended Dai Wei, or maybe it was Lin Yi's attitude that offended him. In short, his expression suddenly changed after hearing this.
In Dai Wei's view, Lin was given enough face today, but the latter made no secret of his intention to marginalize him, which is absolutely unacceptable.
He will never let go of the little yellow car!
Dai Weiteng stood up and said sonorously: "I think this merger should be based on mutual respect between both parties, rather than a unilateral annexation of whom."
“Xiaohuangche and Mobike have been working hard on the bicycle sharing track for a long time, not just to make wedding clothes for Wanli Travel!”
He also wanted to pick up Mobike's Hu Weiwei and Wang Xiaofeng with him, but the latter two knew which side they were on, so they didn't say a word.
They had already accepted that after the merger of the two companies, whether it was Dai Wei Hua Shi or Lin Yi Hua Shi, they would inevitably end up marginalized.
Now it seems that there are still variables?
Seeing their reaction, Dai Wei just sneered. He felt that it was embarrassing to be in the company of such unambitious opponents, so he turned around and left without taking them seriously.
Only Lao Zhu was left sitting there in a mess.
As for Lin Yi, he is reflecting: Am I too damn good-tempered?