When business comes to you, it becomes a hundred times easier.
This is the case for Wang Yaocheng's companies. Every day, various companies and investment promotion departments from all over the country come to negotiate, asking for investment, acquisitions, and partnerships.
late 20th century
In order to join the WTO, China has worked hard for 12 years. While negotiating with other countries around the world, it has continued to expand its reform and opening up, and its domestic economy is booming.
All provinces and cities across the country give top priority to economic development. Only the GDP theory is popular. All work achievements depend on the growth rate and ratio of the gross national product.
As a model student of domestic investment, the companies under the Wang Group are highly favored by investment promotion departments in various places. Almost every day, dozens of guests come to visit to discuss cooperation, projects, and investment...
In the end, the presidents and vice presidents of each company hid out, and they really couldn't cope with it.
This kind of happy trouble will continue for a long time. The reason is that our country is too big, local governments want to develop too much, and the enthusiasm displayed is overwhelming.
"Here, you three, please take a seat."
"Thank you, Boss King. I am Larry Page, and this is my partner Sergey Brin. We are all your admirers. I am so happy to see you this time."
"Hello, Chairman Wang, I am Ma Yun from Hangzhou. Thank you for taking time out of your busy schedule to meet me."
Wang Yaocheng shook hands with these three future great men one by one and said casually;
"Everyone has come from afar, please sit down and chat. This is ice-cold sparkling champagne. If you don't mind, have a drink. It tastes pretty good."
"Thanks!"
The host and guest are seated
Larry Page is an extrovert who takes the lead in promoting his own project; "Hi, Boss King, this web crawler project we designed has its own unique patented technology. Don't you, the venture capital managers of Red Hat and Yahoo!
How come, he doesn’t like our technology at all and thinks he is a scumbag.”
"A million dollars, right?"
"Yes, please believe that we are not asking for a high price. This patented web crawler technology is definitely worth the price. Sergey and I have personally tested it online and crawled specific..."
Wang Yaocheng smiled and waved his hand; "Okay, I invested in your project, and I will get a check for 1 million US dollars later. Likewise, your patented web crawler technology belongs to me. Let's talk about some relaxed topics.
.”
"Uh! Don't you...don't want to learn more about it?"
Larry Page was simply dumbfounded. His idol invested in the project without even listening to the project introduction. This was completely unexpected;
Is this a crazy situation?
"No need." Wang Yaocheng turned to Ma Yun and said, "I have also invested in your project. How much capital is needed? How many shares can I hold?"
"Well……"
Ma Yun was ready to hold back everything she wanted to say, her distinctive face turned red from holding back, she couldn't say a word, and she actually fell silent.
Wang Yaocheng explained; "Haha, what I value when investing in projects is people. What I value is the passion of entrepreneurs, their unswerving dreams, and their firm ability to pursue their dreams. You have come all the way to see me.
It already explains the problem, and it’s totally worth 1 million US dollars.”
"I and 18 partners founded the Alibaba e-commerce website, which is now officially launched. I think my project is worth 3 million US dollars. I hope to get your investment and... I can transfer up to 60% of the shares."
"That's 1.8 million US dollars. OK, no problem. You can sign the agreement and get the check after a while."
Wang Yaocheng happily snapped his fingers and confirmed it simply. This made the three future talents present unable to keep up with his rhythm and feeling a little dumbfounded.
"Hi...Larry Page, Sergey Brin, are you confident in your web crawler project?"
"Of course, we are very confident."
“Want to pursue this project as a career?”
"Uh...what do you mean?"
What I mean is that I want to be lazy and let you make the company bigger and stronger, so that I can sit back and enjoy the results without worrying about anything.
But you can't say that.
Wang Yaocheng pondered for a moment and said;
“The company has three options to consider for investment projects.
One, go back and enjoy the $1 million check.
Second, use 1 million US dollars or 800,000 US dollars to reinvest in this project. I will use angel round investment to help create the company and develop it, just like Yahoo Search.
Third, there is no need to invest cash, just participate in the creation of the company as a professional manager.
Enjoy the 3% share option pool of professional managers. Of course, this is not divided between the two of you, but shared with everyone in the company."
Larry Page was stunned for a moment, and then his eyes flashed with ambition. He looked back at the excited Sergey Brin and saw the same thing in his partner's eyes.
Wang Yaocheng knew clearly that these two were ambitious people and would never be limited to a mere US$1 million.
"You can discuss it privately and answer me later. I want to remind you that if you choose two or three, you will become a member of the Wang Group, a company under Arctic Ocean Holdings."
"Can I ask, is Yahoo Search now also a company under Arctic Ocean Holdings?"
"No, Yahoo Search has developed strongly enough. Its market value in March has reached 87 billion US dollars. It is now directly managed by the royal family fund, while the photo company and the YouTube video website are still under the control of Arctic Ocean Holdings because they are not qualified to be independent."
"What kind of ownership structure does the company adopt?"
"It is an AB two-tier equity structure. No matter how you raise funds in the future, your status as the second largest shareholder will not change. Moreover, as a qualified financial investor, we will not interfere in the company's management and will only exclude you from other aspects."
Interference, this can be written into the contract." Wang Yaocheng explained briefly.
Larry Page's face turned red with excitement and he nodded heavily; "Then we have no problem, option two."
"Won't we discuss it?"
"I will never object to anything Larry decides." Sergey Brin felt like he was in a daze, rubbing his hands nervously, but he did not say the wrong thing at the critical moment.
Wang Yaocheng asked; "Okay, how much are you prepared to invest?"
"Vote them all."
Wang Yaocheng looked at these two desperate guys, nodded appreciatively, and turned to ask Ma Yun, "Mr. Ma, has your project been finalized? Do you want to think about it again? Is there anything that needs to be modified?"
"Chairman, can our project team have decision-making power over the company's operations?"
"Yes, the treatment is the same as theirs, but finance must follow the world's accounting rules, which is the same for all companies. We only join as qualified financial investors in the angel round and do not participate in company management."
"Then I have no problem. Alibaba is willing to sell 80% of its shares."
"oh?"
Wang Yaocheng looked at Ma Yun in surprise and nodded in appreciation. He was indeed a heroic figure with great courage and decisiveness. He could see the twists and turns inside at a glance.
Ma Yun understands;
Whether you give up 60% of the equity or 80% of the equity, you don't have the controlling rights anyway. As long as the investor is a qualified financial investor and will not interfere in the company's specific operations, it is acceptable.
What's more, if ABC or even more rounds of financing are conducted in the future, the controlling stake will still be lost.
It's better to hold on to your thighs, stay close to the Wang Consortium and no one else dares to bully you, and you can also control the company's operating rights. This should be the best choice right now.
Now that the investment has been finalized, there is no need to hide it for these three entrepreneurs.
Wang Yaocheng said directly;
"Two gentlemen, Larry Page and Sergey Brin, I can see from you the passion for starting my own business. This is great and what I am most satisfied with.
You can think of a good name for your company, and then sign the relevant patent transfer contract, company creation and share distribution contract with a lawyer, and I will invest another US$9 million in angel round investment for your new company.
Considering that the two of you are personally involved in the management of the company and the investors are not involved in the management of specific affairs, there should be a share premium and a retained option patent pool for management and employees.
The final share allocation is 85% for the investor, 13% for the two of you, and 2% of the employee share option pool.
Well, I hope you two will satisfy me with your performance and you won’t regret the investment decision you made.”
When Larry Page and Sergey Brin saw Wang Yaocheng stand up and stretched out his hand, they quickly shook it gratefully and said, "Thank you for your interest. We have already decided on the name of the company and it will be called Google. Do you think this is okay?"
"As long as you like it, go find a lawyer."
"Oh, thank you boss."
Three times, five times and two times, the two future great men were dispatched. It took no more than five minutes. Ma Yun was sitting next to her and was a little dumbfounded.
Wang Yaocheng ignored him, thought about it and said, "Since you are so confident in giving up 80% of the equity, I will increase the valuation of your e-commerce website to 5 million US dollars. This time I will invest 4 million US dollars in angel rounds, and can
With our technical and other channel support, you can now go to a lawyer."
"Uh...Okay, goodbye, Chairman."
Ma Yun, who has always been eloquent, was full of words without speaking out. The total words she said before and after did not add up to 100 words, and the project was successfully negotiated.
All this made Ma Yunru fall into a dream, and she walked out with cotton balls under her feet.
When everyone left, Wang Yaocheng sighed slightly;
When a business reaches a certain level and is shrouded in a shining halo, good projects are pursued thousands of miles away and cannot be pushed out.
This is both a good thing and a bad thing, and it is really hateful.
It seems that the delisting process of Atlantic Business Machines Corporation can be started.
When "Fortune" magazine compiles the world's richest list, it generally does not include unlisted companies because it cannot accurately control their operating data and it is difficult to give accurate valuations.
You said it is worth 50 billion US dollars, but some people may think that it is not worth 10 billion US dollars, which will cause great controversy.
In this case, it is simply not included.
The urgent problem facing Wang Yaocheng now is that he needs to hide as much of his wealth as possible. The fewer icebergs exposed to the sea, the better, and the less attention from others, the better.
Knowing how to hide one's clumsiness is the truth!