Lin Fan looked at the two or three-story white yacht docked at the port and greeted everyone behind him with a smile.
"Yesterday we had a whole day of meetings and worked hard. Today we will take you to the sea to have some fun and relax."
Amid cheers, a group of partners and fund managers wearing colorful short-sleeved shorts boarded the yacht one by one.
Li Ying fell at the back. She was wearing a white sleeveless gauze dress with fluttering skirts, and her long black hair was constantly being blown by the sea breeze.
She held her hair down for a while, then 37%, then smiled at Lin Fan, who had not yet boarded the boat, and made an invitation gesture, "Mr. Lin, you go first!"
Lin Fan waved his hand and returned the gesture, "It's okay, ladies first."
Li Ying didn't refuse and got on the boat by herself.
Lin Fan was about to board the boat when he found Andrew who had ran onto the deck of the yacht at some point and was lying on the railing and winking at him.
"Where's Lin Nenmo?"
Lin Fan spread his hands, not wanting to talk to this damn fat man, but also wanting this service. If there were no female employees on the yacht, he would arrange it.
"Didn't you go to Lan Kwai Fong last night? Didn't you hook up enough?"
Andrew smiled "ahem" and showed a lewd smile.
After boarding the yacht, Lin Fan found that the interior was very luxurious, with leather sofas, beds, bathrooms, kitchens, and audio-visual entertainment systems.
After instructing the captain to sail the boat, Lin Fan got on the deck and stood with Andrew, watching the yacht slowly sail away from the port.
"Lin, hey, I asked you to go with me last night, but you didn't go. The nightclub you mentioned was really good..."
Andrew found a lounge chair on the deck and lay down, slowly began to reflect on the exciting nightlife last night, and took a look at Lin Fan.
"The girls in Xiangjiang are really open-minded, no worse than those in the United States.
I ordered a glass of wine last night and sat there drinking it alone, but guess what? One night, seven or eight girls came up to me and started chatting with me and invited me to drink.
The funniest thing, do you know what it is?
I was about to leave the nightclub, but a girl wanted to follow me to the hotel and wanted to open a "foreign meat restaurant".
The most outrageous thing is that the girl’s boyfriend is still there, arguing and arguing with the girl, but it’s all useless, the girl still has to follow me life or death.”
This time, Lin Fan rarely doubted the truth of Andrew's words, simply because this land was indeed too obsessed with foreigners.
He was not surprised at all that such a shameful thing happened.
"Lin, you don't believe it?"
Andrew took out his cell phone and began to look through the unclear photos for Lin Fan.
"Okay, okay, no need to read, I believe you."
Lin Fan waved his hand and asked: "Finally, did you take the girl away?"
Andrew smiled "hehe".
Lin Fan was too lazy to pay attention to such nonsense, stood up, and prepared to go down to the deck.
Andrew thought that Lin Fan's national heart was hurt and he was unhappy, so he quickly explained: "Hey, no, I quite look down on this kind of girl."
Lin Fan had already reached the stairs, nodded, and made an "OK" gesture behind Andrew's back.
In the cabin, a group of old men with an average age of over thirty years old were crying and howling, drinking and singing with a microphone, but not a single note was in tune.
Seeing Lin Fan approaching, Liu Hai moved his butt to the side to make way for a seat, and patted him with a smile, "Mr. Lin, sit here."
Lin Fan sat down and looked around. The crowd was divided into three or four groups, with people chatting, singing, drinking, and playing poker.
Li Ying was the only one sitting alone in the corner, looking at the large group of rough men in front of her and having to endure the devilish sounds filling her ears. She felt a little regretful in her heart. She should have stopped coming if she had known better.
Seeing Lin Fan glance at her, Li Ying thought for a while and walked towards the former.
Because there was too much noise in the cabin, Li Ying had no choice but to approach Lin Fan, lowered her body and said, "Mr. Lin, let me go to the kitchen to cook for everyone!"
Lin Fan smelled a faint fragrance and accidentally saw two half-covered white peaks under his collar, but he couldn't hear clearly what the other party was saying.
He looked away and said loudly: "What did you say? I can't hear you clearly."
"I said cook! Make lunch!"
Li Ying put her hands together, increased the decibels, and roared several times.
Lin Fan heard it clearly now and looked at his watch. It was only around nine in the morning.
What are you doing for lunch so early? I guess I'm a little bored.
So Lin Fan didn't force anyone to do anything difficult, nodded and said loudly: "Okay, let's go! Thank you for your hard work!"
Li Ying breathed a sigh of relief. With the boss's words, she could finally escape the boredom. She happily walked to the kitchen aside to work.
Lin Fan stayed in the cabin for a while, chatting with Liu Hai for a while, and felt a little bored, so he was ready to go to the deck again to get some fresh air.
At the entrance of the circular staircase, he happened to meet Andrew who was about to come down.
"Lin, why are you here again?"
"It's so boring down there, let me get some fresh air."
"Then I'll accompany you!"
After saying that, Andrew, who was about to go down to the deck, stepped back. After Lin Fan stepped onto the deck, he clung to him again like a follower.
Just as Andrew was about to speak, Lin Fan's cell phone rang in his shorts.
Lin Fan took out his cell phone and saw that it was Rao Lei calling.
As soon as I picked up the phone, an anxious voice came from the other end, "Mr. Lin, something happened!"
Through the phone, Lin Fan could feel Rao Lei's anxiety.
"Don't be anxious, tell me slowly, what's wrong?"
"When I was doing due diligence at Dianping's office today with a third-party accounting firm and a law firm, Zhang Tao got into a fight with his partner..."
Lin Fan frowned, "You mean, the founding team has differences?"
"Yes, when I heard the noise, I rushed to the conference room to take a look. As soon as they saw me coming, they stopped making noise. I asked them what they were arguing about, but they told me that it was okay, it was just a small business.
Disagreement.
I felt there must be a problem, so I went to ask Zhang Tao privately. He told me that Sequoia China approached several of his partners and offered a pre-money valuation of US$10 million, so the other members of their team
Several people were tempted and wanted to turn around and cooperate with Sequoia.
Zhang Tao felt that this was not good, and he had already signed an investment letter of intent with us. So, their founding team quarreled.
He wants me to ask your opinion on how to solve the problem."
Rao Lei on the other end of the phone had a headache. This was his first time taking over a project, and he was caught off guard.
"Did their team not read the term sheet or be blind to the law? The exclusivity period and confidentiality clauses are all legally binding. During this period, they contacted Sequoia and disclosed the details in our term sheet. This is a violation of the agreement. We can sue them at any time.
.”
Lin Fan's voice was cold. He took a long breath and suppressed the anger in his heart, "Tell Zhang Tao that if you want to talk, call him yourself.
Just tell him this and never change a word!"
After saying that, Lin Fan hung up the phone abruptly.
Looking at Lin Fan, whose face was ashen, Andrew asked in a low voice: "What's wrong? What happened?"
“There are startups that have taken TS and want to regret it!”
Andrew stood up and shouted loudly, "Then what are you waiting for? Let's go straight to the legal process!"
Lin Fan's eyes were cold, "The founding team was divided into two groups. One group secretly informed us and sought a solution."
Andrew was stunned, "Then how do you want to solve it? Let me tell you, maybe it's a conspiracy between the two gangs... a trick! The purpose is to force you to increase the valuation!"
Lin Fanxian glanced at Andrew, and it was not possible as the fat man said.
The next day.
Magic City.
A high-end hotel near Dianping.com.
The doorbell rang, Fu Jixun opened the door and saw Zhang Tao standing at the door, looking a little uneasy.
"come in!"
Fu Jixun's voice was calm and his whole person seemed very indifferent.
Before coming, Zhang Tao had guessed that there would be no good looks on this trip.
It was their fault first, and they had to stand at attention even if they were beaten. He was mentally prepared for this.
After receiving the message from Rao Lei yesterday, he quickly called Lin Fan, but the other party only replied with a dull "I understand."
Then without saying anything more, he hung up the phone.
Zhang Tao was in panic all night. When he went to work today with two dark circles under his eyes, he received another call. The caller claimed to be Fu Jixun, the managing director of Lin Capital and a partner of Jingzhe Fund.
Then, he found this place according to the hotel and room number sent by the other party.
"Sit wherever you like. There's water there. If you're thirsty, just take it yourself."
Although Fu Jixun behaved very politely, when he thought about it carefully, he felt a sense of alienation from others thousands of miles away.
Zhang Tao had a premonition that "before the storm comes", he carefully found an empty seat on the sofa by the window and sat down gently.
Fu Jixun has been carefully observing Zhang Tao's expression and movements.
This is the first fire for him as a new official. Whether he can ignite the fire neatly or not, the focus falls on the man in front of him who is five years younger than him.
In fact, after the yacht returned to the port yesterday, he didn't sleep well all night and stayed up late to check information about Dianping.com and its founding team.
After arriving in the Magic City this morning, he met with Rao Lei again, not missing a single detail, and understood the whole thing again.
Lin Fan is not sure whether it is "the other founders are turning against each other" or whether "Zhang Tao and several founders are teaming up to act as a couple".
It was no longer convenient for him to get involved in such dirty and tiring work, so he left it to Fu Jixun, in order to test the ability and skills of this new fund manager.
Fu Jixun sat down on the sofa opposite Zhang Tao, looked at the latter, and said in a cold voice: "Mr. Lin was very angry about the breach of contract. This is the first time that Lin's capital has been operating for more than a year.
Example of breach of contract..."
"Mr. Fu!"
Zhang Tao had a bad feeling and was about to interrupt, but Fu Jixun waved his hand to stop him, "Listen to me first. You have already breached the contract. This is an established fact."
Zhang Tao opened his mouth, but he didn't know how to defend himself. His face was ashen and he was at a loss.
Fu Jixun glanced at Zhang Tao and continued expressionlessly: "People need face and trees need bark. It is impossible for Lin Capital to continue to cooperate with people without professional ethics.
Therefore, we decided to terminate due diligence and abandon our investment in Dianping.”
Zhang Tao was about to breathe a sigh of relief, but Fu Jixun added, "Of course, according to the requirements of the agreement, Dianping.com needs to compensate us for breach of contract equal to the investment amount, which is US$2 million."
"Ah, $2 million?"
Zhang Tao exclaimed, and then stood up excitedly to defend, "Mr. Fu, even if we sell Dianping.com, we won't be able to raise so much cash."
"That has nothing to do with us. Everything will be done according to the contract."
Zhang Tao's eyes were dull, and he felt regretful and very uncomfortable.
According to industry practice, after receiving a TS from a certain venture capital institution, almost no entrepreneur will wait for the due diligence to be completed and for the financing to arrive smoothly, because this is too passive!
Signing a TS does not mean that the due diligence will be successfully passed, and passing the due diligence does not mean that the venture capital institution will successfully invest money.
Although there are "exclusivity periods" and "confidentiality clauses" in TS, smart entrepreneurs will maintain certain contacts with other venture capital institutions so that if financing fails, they can quickly find another company.
Of course, this kind of contact should not be too close, so as not to violate the red line and lead to a breach of contract.
Just two days after they got the TS from Lin Capital, Sequoia China came to visit them.
So, he asked his partner Kong Wei to maintain a certain degree of contact with Sequoia Huaxia, just as a backup, and he was not planning to change the company.
As a result, his partner Kong Wei was fed some kind of ecstasy by Sequoia people. After he came back, he kept proposing to replace Lin Capital.
Several other founders also support Kong Wei's idea, and plan to create some obstacles for due diligence so that, without breach of contract, Lin Capital will voluntarily give up investing in them, and then they can easily defect to Sequoia China.
Already.
Zhang Tao is a relatively decent person and feels that after signing an agreement, there must be a contractual spirit.
And in his opinion, Lin Fan is obviously an Internet expert, understands marketing and operations, and has given many good ideas to Dianping, which is priceless.
As a result, he and several other founders were in a stalemate and started arguing in the conference room. Rao Lei noticed the commotion and asked him to find out the truth. 鵵婲小徾网
When Zhang Tao heard the compensation of two million US dollars, he felt as if the sky was falling, and began to explain his difficulties to Fu Jixun.
"...Mr. Fu, you now understand, right? Our company doesn't have that much money at all. If we have to compensate, then Dianping can only go bankrupt.
Personally, I am very inclined to Lin Capital, mainly because my partners have inappropriate thoughts."
Fu Jixun had almost figured out the pulse, and it turned out that those few rat droppings were the other founders.
"You are the major shareholder and the original founder of Dianping. They are all the "co-founders" you introduced one after another.
They are said to be partners, but they are actually small shareholders and employees."
Fu Jixun showed a hint of ruthlessness, "In this case, you should make a decisive decision, clean up the family, and maintain the purity of the team."
Zhang Tao frowned, "Kong Wei turned out to be the vice president of Zhang Lingtong and a senior executive of a listed company. I invited him here because I thought he could help me manage the market, operations and other aspects of work. In fact, he did a good job.
very nice."
Fu Jixun shook his head and scolded: "What a big mistake! Character should be put first.
If your character is not good, no matter how capable you are, you can't take it. We at Lin Capital also follow this investment logic. As long as there is a problem with your character, we will not invest in the project no matter how good it is."
Zhang Tao looked troubled, "Mr. Fu, can we negotiate the amount of compensation?"
Fu Jixun waved his hand and stared at Zhang Tao with bright eyes, "There are only two ways before you now, either to compensate for the loss of Lin's capital or to clean up the family!
Lam Capital is still willing to invest in a clean Dianping.com.”
Zhang Tao understood. He wanted to drive several other members of his team out of the company.
In fact, once something like this happened, Lin Capital could no longer tolerate the existence of those troublemakers.
Zhang Tao is not stupid, and he quickly figured out the link. Lin Capital's demand for compensation was false, and the real purpose was probably to force him to expel those partners.
After thinking about it, Zhang Tao calmed down a lot and said: "If they leave, Dianping may fall into turmoil."
"We can tolerate "business adjustments" and even help Dianping introduce more senior talents."
Fu Jixun smiled, "I have served as a director at Baidu before, and Mr. Lin also serves as a director at Ali and many technology companies in the United States.
Domestic first-tier Internet companies or Silicon Valley technology companies, as long as you need them, talents from these companies can be introduced to Dianping.
People can only grow new, healthy flesh by digging out the abscesses. The same goes for companies when they are sick. Never hide your illness and avoid medical treatment!"
Zhang Tao was silent, his eyes flickering a little.
