"Why are you here? Dad is talking about business!"
Wen Qingshan obviously knew the girl in front of him, so he tugged on the corner of her clothes, trying to get her out.
dad?
Gu Yun didn't react for a long time. Damn it, Wen Qingshan turned out to be your father!
No wonder Wen Jue had a complicated look on his face and was reluctant to go upstairs with him. Now it was all clear.
We agreed to use the money to make a name for ourselves, but ended up going around in circles. Isn't this the same as borrowing money from my father again?
Gu Yun looked at the father and daughter Wen Jue and Wen Qingshan again. They looked really alike.
There is no doubt that Wen Qingshan is an old handsome guy, with sword-shaped eyebrows and hawk-like eyes, and a high nose. Wen Jue has perfectly inherited most of the advantages of his facial features, and even exceeded them.
"Since you all know each other, let me introduce you again. This is the second largest shareholder of Coffee Justice, Wen Jue."
Gu Yun broke the awkwardness of the atmosphere. The other staff members were enjoying the show. Many middle-aged people in the team knew Wen Jue. It could be said that they had watched her grow up. They hadn’t seen her for a long time and didn’t expect that she would end up like this.
beauty.
What?
Second shareholder?
Wen Jue sat down next to Gu Yun, relaxed back in the chair, and crossed his legs.
Wen Qingshan looked at Wen Jue and Gu Yun in surprise, and then suddenly realized how big a company his daughter, who had just said she couldn't do anything with, had built.
While rejoicing in his daughter's growth and silently observing their sitting postures, Wen Qingshan suddenly discovered a small detail.
The Cartier blue balloons on their wrists seem to be... the same style?
What the fuck?
Wen Qingshan lowered his head and looked at the information brought by Gu Yun. There were two shareholders of Coffee Justice, with the proportions being 67% and 33% respectively.
My daughter only has 5 million in hand, but she can open more than 500 stores in half a year, accumulate more than one million customers, sell 5 million cups of coffee, and threaten to surpass Starbucks in the top companies in the country, accounting for 33% of the original shares?
Gu Yun is not short of the five million. The company can completely do it on its own. Why does it need to bring Wen Ju to play?
Before coming, according to the analysis of IDG's professional back-reporting team, if Coffee Justice can obtain financing and successfully operate new stores across the country, its valuation will easily exceed one billion US dollars.
After putting so much effort into bringing Coffee Justice to such a scale, this guy... wouldn't they pretend to start a business together but actually go out of his way to woo my daughter?
Wen Qingshan stared at Wen Jue's slight expression when he looked at Gu Yun, and suddenly became alert.
A girl who is emotionally controlled will always have eyes shining and a smile on her lips when facing the person she likes.
After reading all the information in front of him, it was Wen Qingshan's turn to be confused.
To vote or not?
There is a consensus in the venture capital circle that whoever is favored by Wen Qingshan is likely to achieve the first step in starting a business, because what he gets is not only entrepreneurial capital, but also entrepreneurial confidence.
Wen Qingshan, known as "the first person in domestic emerging industry venture funds", has invested in many well-known companies with his unique ability and has repeatedly achieved extraordinary success by turning stones into gold.
Wen Qingshan "Xiangma" has his own theory. When investing in a project, in addition to looking at the overall environment and direction, the most important thing is talent, not technology.
Being able to start from scratch and develop Paradise Technology and Coffee Justice to such a scale, Gu Yun is undoubtedly an entrepreneurial talent.
The most difficult judgment for an entrepreneur is to judge him personally. Investors want him to be healthy, to have strong learning ability, to think independently, and to listen to you carefully, but not to listen to you on everything.
Wen Qingshan has never liked entrepreneurs who are like lambs. During his last contact with Gu Yun, he found that Gu Yun is a typical self-made entrepreneur, full of wolf nature, insisting on absolute control over the park's technology, and not allowing outsiders to interfere at all.
But from another perspective, as Wen Jue's father, Wen Qingshan's real struggle is the relationship between the two.
Regardless of coffee justice, Gu Yun is already financially free just from the income from Paradise Technology.
For such a young member of the rich list, it is normal for him to spend time, drink, go out and socialize. How can he only maintain a relationship with one girl?
After thinking about himself back then, Wen Qingshan definitely didn't want to see his daughter suffer from Gu Yun, and the family would end up in name only and repeat the same mistakes.
"Mr. Gu, after our back-end and due diligence, the approximate valuation of Coffee Justice is around one billion US dollars. We, IDG, can invest US$200 million and hold 20% of the shares, but there is a requirement."
Wen Qingshan was scheming and quickly thought of a way to check and balance Gu Yun.
"any request?"
"Retain 33% of Wenju's shares and only dilute your share."
Wen Qingshan thought very clearly. After diluting Gu Yun's absolute controlling stake, IDG Capital plus Wen Jue's shares would exceed 50%.
Under normal circumstances, shareholders holding more than 50% of the company's shares can maintain control of the company and have an absolute controlling position. Shareholders holding more than one-third of the shares can maintain veto power on particularly significant matters, such as the largest shareholder
Shareholders and the company's equity is relatively dispersed, it can be considered to be in a relatively controlling position.
With this Shangfang sword hanging over Gu Yun's head, perhaps he will realize that if he is sorry for Wen Ju in the future and the father and daughter join forces on the board of directors, he will lose the right to speak in a company worth billions of dollars.
However, will he agree to such harsh conditions?
"Can't."
"Can."
Two voices sounded in the conference room at the same time. Wen Qingshan looked at his daughter with surprised eyes, and Wen Ju lowered his head in embarrassment.
Which side are you on?
Gu Yun didn't think too much about it. To him, Coffee Justice itself was a company that came into being just to help Wen Jue find a good entrepreneurial project. Even his small goal was to wait for Coffee Justice to be listed on the capital stock market.
Successfully cash out and exit the market.
It doesn't matter to him whether he holds more or less shares, or whether he is the absolute controller of the company.
I have the golden finger of foresight and I can't make enough money at all. Is there any need to worry about such a trivial matter?
If he hadn't had the intention of making Coffee a just listing, it would have been best to go through several stages of equity dilution processes such as angel investment, VC, PE, IPO, and post-listing additional issuance before going public. He didn't even plan to contact IDG Capital to spend the funds.
Difficulties.
June of this year coincides with the start of the European Cup. The market for football is countless times larger than that of e-sports. The funds involved in football betting can easily reach hundreds of billions or even trillions. For him, it is just a low-key operation and double the amount.
Just dozens of times the cash.
Is it difficult to pick up money at major markets?
"It doesn't matter, just do as your father says."
Wen Ju was about to say that his equity could also be diluted, but was interrupted by Gu Yun.
Have courage.
Looking at Gu Yun who signed decisively, Wen Qingshan's evaluation of him became even higher.
Gu Yun obviously considered that his and Wen Ju's shares could affect his decision-making power, but he did not hesitate at all and made the judgment that was most suitable for the current situation.
After both parties stood up and shook hands, the financing was officially declared a success.
In May 2012, Coffee Justice announced that it would accept investment from IDG Capital and complete Series A financing of US$200 million with a post-investment valuation of US$1 billion, making it the fastest-growing unicorn in China. After completing the financing, IDG Capital Managing Partner Wen
Qingshan joins the company's board of directors.
According to industry insiders, Coffee Justice has deployed nationwide in a few months, received another US$200 million in financing and was given a high pre-investment valuation, which shows that the capital market highly recognizes its business model, entrepreneurial team and future prospects, especially in the current situation.
It is even more landmark in the context of capital tightening.
The true value of Series A financing is not mainly based on the individual shareholding ratios, but relies on the investors' connections, capabilities, and professional knowledge to finalize Coffee Justice's next strategic goals, implementation plan, and next round of financing plan.
.
After joining IDG Capital in financing, Coffee Justice already has the strength to challenge Starbucks head-on.
