"Mr. Wang, let me introduce to you, this is Su Wang, the chairman of our Yuntong Technology Co., Ltd."
Yuntong Technology is the company registered by Qin Jiong, and micropayment is a project of the company.
"Chairman?"
Wang Yue was a little surprised when he heard Qin Jiong's words. They were both entrepreneurs in the capital. He and Qin Jiong had communicated at an entrepreneur conference. Although it was brief, the two had at least met face to face.
Wang Yue was actually quite envious of Qin Jiong's company. When he first started his business, he received five million in venture capital. In contrast, when he returned to China to start his own business, he worked hard on his own without any
Capital is optimistic.
However, Wang Yue also knew that he was a graduate of Shuimu University and had studied in Massachusetts, and his network of connections was completely incomparable. To put it bluntly, he was like a grassroots entrepreneur, while he was a second-generation entrepreneur.
Especially when Qin Jiong contacted him a few days ago, he asked someone to find out that Qin Jiong's company had received a huge amount of financing again, which made him even more envious.
From the time he returned to China in 2002 to now, he founded Inspiry Technology Co., Ltd. However, after all these years, he only received a venture capital investment in 2007, and it came from abroad.
He was very high-spirited at the time, but reality gave him a big slap in the face, because he found that the company was slowly falling into a quagmire, and even investors said: "Your company can survive for five years without investing money.
I won’t be able to survive even three years after investing money.”
Wang Yue is very optimistic about the prospects of QR codes, but it is really difficult for the company to find a profitable direction at present. It has been promoting the Internet of Things technology for many years, but it is not known how many years it will take to reach the application level.
In order to survive, Wang Yue even asked the company to help companies such as Metersbonwe, Nike, and McDonald's do some small activity programs, which were indeed related to QR codes, but this was not what he wanted.
The technical requirements of QR codes are not high and the application prospects are unclear. This is the reason why capital is unwilling to come in. And an industry without capital willing to come in is basically a stagnant water. This has been reflected in his company of more than 20 people.
You can feel it as it is the largest QR code company in China.
"Hello, Mr. Wang, I'm sorry to bother you."
Seeing that Wang Yue seemed to be distracted, Su Wang smiled and extended his hand. Wang Yue reacted and quickly shook hands with Su Wang, then led Su Wang and Qin Jiong towards his office.
"Mr. Su, Mr. Qin, please come and sit in my office."
Although the chairman Qin Jiong mentioned was too young, Qin Jiong would not deceive himself in this regard. He still had to treat people who could casually invest tens of millions of dollars carefully.
When they arrived at Wang Yue's office, Wang Yue personally poured a glass of water for Su Wang and Qin Jiong, and then sat down on the sofa.
"Mr. Wang, let me get straight to the point. In fact, I am very optimistic about the application prospects of QR codes. I have only one purpose for coming here this time, which is to invest in Mr. Wang's company."
Last night, when Su Wang was lying in bed, he carefully recalled the clues about the company Inspiry and Lingkong.com. The information about Inriy was completely blank, but the information about Lingkong.com reminded him of a lot.
thing.
As for Mr. Xu from Lingkong.com, Su Wang couldn't say first of all whether he was technically great or not, because he was not a professional. He didn't know whether the technical content of the scan was high or not, but in later generations, almost any software could do it.
After scanning the function, he estimated that the technical content was not too high, and it was probably more of an idea.
Secondly, Su Wang remembers that when blockchain technology was popular in his previous life, and with the help of Bitcoin, when various virtual currencies became popular, Mr. Xu also launched a currency called Code Chain Coin.
Facts from his previous life proved that those who made virtual currency just left to make some money by cutting leeks, so from this aspect, his impression of Mr. Xu was not very good.
In comparison, the Mr. Wang in front of me is more reliable, at least he is a real technical doer.
Not to mention Su Wang's inner thoughts, Wang Yue, who was sitting opposite Su Wang at the moment, was stunned by Su Wang's words. When his company currently saw no prospects, there was still someone who wanted to invest in his company?
You know, it is not that he has not had contact with capital in this year, but most of them declined politely, or a few just had a purely speculative mentality and offered ultra-low prices to those who wanted high-value shares.
kind.
"Mr. Su, are you kidding me?" Wang Yue's first thought was not suspicion.
"I am not joking, let alone in front of Mr. Wang. I am indeed very optimistic about the prospects of QR code technology. So, if Mr. Wang is interested, we will continue to talk. If he is not interested, then
Forget it.”
"interested in!"
Wang Yue answered without thinking. After answering, he realized that he was a little too excited. Wasn't this clearly telling the two people in front of him that his company was currently short of money?
Su Wang and Qin Jiong looked at each other and smiled. Wang Yue's attitude showed that the situation of his company was similar to what they investigated, and it was indeed almost at the end of its rope.
"Mr. Wang, I am very sincere. My goal is to acquire no less than 40% of your company's shares. Please quote a price."
After hearing Su Wang's words, Wang Yue was a little hesitant. The other party looked very cheerful. This proved that the other party was not short of money, but it did not mean that he could speak freely. No rich man
They are fools, except for the rich second generation.
Let’s talk about those coal mine owners. Although the Internet has been ridiculing these people as wealthy nouveau riche, those who really treat them as wealthy are fools.
"In 2007, the company received two million US dollars in financing, and I paid 30% of the shares. Mr. Su, you want 40% of the shares now, and I'm afraid I can't get it."
Wang Yue shook his head. In addition to the venture capital and his shares in this company, several core members of the team also have shares. If another 40% is taken out, the shares in his hands will be less than 10%.
"Is it possible for the American company to choose to divest and transfer its shares?" Su Wang expressed his suggestion.
"There is room for this operation, but I estimate that the price charged there may be quite high."
When he said this, Wang Yue was a little embarrassed. In fact, his company's current valuation is already lower than in 2007, but those investment companies are so fucked up. If they take the initiative to sell their shares, they may
They will sell at a low price to stop losses, but if someone comes to them, they will be very aggressive no matter what happens to the company. At least they must earn enough interest.
"Of course we need to talk about this. Then 30% of the shares plus 10% of the shares, Mr. Wang can accept it."
"If you add the 30% shares, I can accept it." Wang Yue thought for a moment and replied.
40% of the shares is almost equivalent to owning most of the company's shares. He, the founder, currently only has 43%. Although he is a little distressed and reluctant to part with it, if the company really dies, no matter how many shares he has, it will only be 43%.
A piece of waste paper.
"Twenty million, I will pay 20 million to acquire 40% of your company's shares."
Su Wang reported his own price, which was a conclusion he reached after analysis.
In 2007, the first investment company spent US$2 million, which is equivalent to about 13 million, to acquire 30% of the shares, which is equivalent to 10% of the shares, which is a little more than 4 million.
Because Wang Yue's company has not made progress in the past two years, but has been stuck in a quagmire, the price of 20 million is considered a premium acquisition.
"Okay, but I need to communicate with the investment company in the United States first."
After pondering for a moment, Wang Yue agreed to the offer, because he actually made money from the offer, and the other party did not take advantage of his company's unclear development prospects to squeeze the company's value, which was considered very conscientious.
"Okay, then I will wait for the good news from Mr. Wang. This is my contact number. Mr. Wang can contact me as soon as there is a result. Of course, I hope it can be finalized before the year."
Su Wang stood up, but Qin Jiong didn't say much from beginning to end, because this time he was just a facilitator, and the merger between Su Wang and Wang Yue did not involve Yuntong Company.
However, he probably had some guesses about Su Wang's purpose of acquiring Wang Yue Company, and it might have something to do with payment, because from the information he investigated about Wang Yue Company, there was mention of QR code payment technology, but there was no mention of it.
It’s just accepted by the market.
Naturally, Qin Jiong didn't know that the reason why Su Wang wanted to acquire this company was to prepare for future mobile QR code payment. Since Alipay has already regarded micropayment as a competitor, it would be inappropriate for him to come back without reciprocating.
Naturally, we have to prepare some return gifts here.
To be honest, the explosion of mobile payment in China is inseparable from the function of scanning QR codes to pay. As long as you get these patents, Alipay will either pay me obediently or use another technology. But Su
I hope Alipay will choose the former, because it is so convenient to scan the QR code to pay.
"By the way, if I remember correctly, UC at this time does not belong to Ali, so why don't you become a spoiler?"
After walking out of the gate of Inspiry Technology Company and bidding farewell to Qin Jiong, Su Wang looked at the blue sky and suddenly the idea came to his mind. The market value of some giant mobile apps in later generations was not very high at this time.
If you do Meituan, you will definitely have to compete with Alibaba. If you do mobile communications, there will be a battle with Tencent. So this is the right time to lay out the mobile Internet industry.
"It seems like we should register an investment management company."
While Su Wang was thinking about these issues, interesting things were happening in the Entrepreneurship Park of Shuimu University.
ps: Writing urban business war articles is so tiring. It takes several hours just to look up information. Jiudeng even studied the past and present of QR codes, QR code patents, and whether patents can prohibit others from using them.
No wonder an author friend said that when writing an urban novel, you really have to understand astronomy and geography, and you can chat with people while eating and drinking, and you can make a few sentences about everything.