Zheng Hongrui's one-week trip to Ningzhou ended. He did not get the expected goals, but he got unexpected gains.
After leaving the airport terminal, Zheng Hongrui took a taxi back to the company.
At first, he and three other partners rented a warehouse of less than 20 square meters in the Sunshine Golf Building in Pengcheng and founded Lawo Intelligent Company here.
After half an hour's drive, Zheng Hongrui arrived at the building where his company is located.
Entering the warehouse, there were three men about his age crowded inside.
The warehouse is sloping, not very high, and the small open space is not sure whether it is 20 square meters or not. Anyway, it is just a small warehouse. This is the current workplace of Lawo Intelligence.
This is not so much an office space as a utility room.
When the three partners saw Zheng Hongrui, they all put down their work and looked at him in unison.
"Brother Rui, what's the result? Did you get the investment?" Wu Yi, the youngest member of the team, couldn't wait to ask when he saw Zheng Hongrui coming back from a week away. The other two members were named Wang Yan and He Changxing.
Four singles form the start-up team of Lawo Intelligence.
These three were originally colleagues of Zheng Hongrui. In the end, they were "fooled" into resigning and decided to go for it. So they jointly founded this company with money saved during their work. The four of them raised a total of 8 million in funds.
Zheng Hongrui invested the most. He invested all the 5 million yuan he had saved over the years. He Changxing and the three of them each raised 1 million, and each accounted for 12.5% in terms of capital ratio. Zheng Hongrui, who invested the most, accounted for 62.5% of Lawo Intelligent.
Equity.
Naturally, Zheng Hongrui is also their leader, and no one has any objection to this.
If they were not all single, they would not dare to ALL IN. You must know that starting a business is a road of no return from a narrow escape.
8 million is only enough to buy an ordinary house in Pengcheng. For a start-up technology company that wants to make a difference in the field of new energy vehicles, this amount of money is still a drop in the bucket. If you can save some money, just save it.
point.
At this time, Zheng Hongrui came to the computer table where he worked, moved his chair and sat down, then looked at his three colleagues and said, "I met Lu Ming and chatted with him for almost three hours. We had a pretty good chat."
joy!"
"What? Did you really see Lu Ming?" He Changxing, Wang Yan and Wu Yi all exclaimed surprisingly unanimously. After reacting, the three of them immediately cheered excitedly and swarmed up to Zheng Hongrui and surrounded him.
Wu Yi quickly said: "Brother Rui, don't try to seduce the brothers. Does your trick really work? We are all thinking about how you were kicked out."
Zheng Hongrui smiled and said: "It's a joke, of course it's true. Why would you lie to you about this kind of thing?"
He Changxing, who was next to him, smiled and stretched out his hand towards Wang Yan: "If you lose, bring me a hundred yuan. Hurry up, you can also transfer the online payment to me!"
Wang Yan, who lost the bet, had no choice but to take out a hundred-yuan cash and admit defeat.
Wu Yi quickly asked: "How much money does Lu Ming plan to invest in us?"
Hearing this, the other two partners also became interested, and immediately looked at Zheng Hongrui, their eyes full of expectation.
Tiansheng Capital's investment in the primary market is famous for its "kai". It is really generous and not short of money. Other VC institutions rarely invest more than 10 million in angel rounds, and Tiansheng Capital is famous for its investment in the primary market.
Sheng Capital always starts with 30 million.
Zheng Hongrui said: "Lu Ming didn't give me a penny!"
"What? Not even a penny?"
When Wang Yan and others heard this, they couldn't help but be stunned. Their expectant eyes were suddenly disappointed, but at this moment Zheng Hongrui added: "Not only did we not get investment, I also packed us up and sold us."
The three of them were confused again!
Zheng Hongrui smiled and said: "The general situation is like this. Tiansheng Capital has just established a wholly-owned new energy vehicle company Tianyu Yunchi. Lu Ming does not invest money in me, but he plans to poach me to take charge of Tianyu Yunchi."
Chi CEO position, no, to be precise, it’s us!”
The three of them continue to be confused!
"Brother Rui, what on earth is going on?"
As Zheng Hongrui explained the reason to them in detail, He Changxing and the other three also turned from shock to excitement. Wang Yan said excitedly: "Oh my god, is Lu Ming planning to let us take charge of Tianyu Yunchi? This
...Isn't he crazy? He dares to do this..."
One really dares to let it go? One really dares to take it?
Tianyu Yunchi was wholly-owned by Tiansheng Capital, and was destined to be born extraordinary. It was definitely not a grassroots team like their Langwo Intelligent. What made Wang Yan and others find it incredible was that Lu Ming dared to take such an important company.
Leave it to their grass-roots team!
At the end, Zheng Hongrui looked at the three of them and said seriously: "Brothers, Tianyu Yunchi became a unicorn-level company the moment it was established. For our small team, it has risen to such a high height all of a sudden.
You may not be able to adapt, no, you will definitely not be able to adapt. This is a huge challenge and an unprecedented opportunity."
After the three of them calmed down, they all nodded involuntarily when they heard this. They suddenly became the core senior managers of a large company. It was really difficult to adapt. They might cause trouble, or even big trouble.
.
Zheng Hongrui continued: "After being merged into the name of Tianyu Yunchi, Lawo Intelligence will no longer exist. Mr. Lu handed over the baton of Tianyu Yunchi to me. I can't get carried away. Frankly speaking, everyone's abilities are not high enough yet."
No matter what, it’s the same for me, but I have to be.”
"So, I can't promote you all to senior management positions in a short period of time. You have to start as middle-level managers and prove that you have this ability. Only then can I promote you to the top to convince the public and serve the land."
Let me give you an explanation, can everyone understand me?"
After all, Tianyu Yunchi is not an ordinary start-up company. Behind it is the resource integration of large-scale capital institutions such as Tiansheng Capital. The enterprise framework can be quickly established. The speed of development is completely incomparable with Lawo Intelligence. Many things in the start-up stage
You can jump directly to it.
"No comment!"
"understand!"
"no problem."
The three people set an example one after another. They also knew that Zheng Hongrui's arrangement was right. After all, all the guys from the grass-roots team were promoted, and they themselves had no idea.
But as long as the top leader is Zheng Hongrui, it is easier to climb up than others. There is a big difference between being relevant and having nothing to do. Climbing up from below is also more convincing to the public, otherwise other industry elites who have descended from the air will definitely question it.
Before they had any qualifications, they had to accumulate qualifications for promotion. They also knew that Zheng Hongrui, who also had no qualifications but was admired by Lu Ming and took over the baton, would definitely face greater pressure and greater doubts. This was for sure.
"I obtained 20% of the equity for the team from Mr. Lu, and divided it equally according to our allocation ratio. I hold 12.5% of the equity of Tianyu Yunchi, and each of you holds 2.5% of the equity." Zheng Hongrui said: "
Although it has been diluted, it is more valuable. In the future, Tianyu Yunchi's valuation will reach 100 billion. This 2.5% equity can be worth 2.5 billion. As long as the company grows up, the potential to become a billionaire is also in the future.
Can be expected.”
Wang Yan and the others naturally have no objection. Previously, 12.5% of the equity of Lawo Intelligent was worth up to 1 million. If the company dies, the value will return to zero. Now after being merged into Tianyu Yunchi, although it has been diluted to 2.5%, what is the gold content?
It has soared ten times or hundreds of times, and with the support of Tiansheng Capital, it is impossible to return to zero even if it dies.
Zheng Hongrui said in a deep voice: "Because you have taken advantage of it, you must start from the middle and grassroots level. You must walk on thin ice and face the abyss and forge ahead. Brothers, don't think about taking advantage and not doing anything. Mr. Lu
It’s not that easy to win. He didn’t sign a weighted average anti-dilution clause, which means that Tiansheng Capital can dilute our shares through continuous financing. Don’t forget how Zuckerberg put him
You will know that the shares held by the co-founders have been diluted."
Zheng Hongrui added: "But I won the option pool reservation, which clearly stipulates that those who have made outstanding contributions to the company can receive equity incentives. With the equity reserved in the option pool, even if the financing is diluted in the end, as long as I can get
With equity incentives, our interests can be protected, provided we have the strength to match it."
Wang Yan and the other three nodded without saying a word.
Zheng Hongrui said: "To be honest, based on the valuation of Tiansheng Capital's unicorn, the fact that we suddenly have a nominal worth of hundreds of millions is not worthy of the name. We have not yet proven that we can match it, and Tianyu Yunchi will definitely continue to do so in the future.
If we don’t raise funds from the parent company, our equity will definitely be further diluted, so in the final analysis we still have to achieve results to truly match the fact that we are worth over 100 million.”
He Changxing nodded and said: "I understand, capital is not a philanthropic person, and people like Mr. Lu cannot be fooled, but we will prove how much strength we have to match our worth. There will be no complaints if we can't get up. We will lie down at the edge of the well and take a look in advance.
This is an unprecedented opportunity, and there is nothing to say if it falls through."