My Age of Investment
Chapter 305: Divide the cake
Chapter 305 Dividing the Cake
It was night after and Wang Weicao signed the agreement. Xia Jingxing said goodbye to each other and asked Zhang Chenguang to drive, and went to the airport to meet Andrew and his party.
As soon as they met, Andrew immediately gave Xia Jingxing a warm hug, muttering with exaggerated expression:
"Dalun, you are calling here. I was having breakfast.
Knowing that the matter was urgent and there was no delay, I put down my chopsticks on the spot, took half a deep fried dough stick and went out.
The people who joined your company, got on the plane in a hurry..."
Listening to Andrew’s vivid storytelling, Xia Jingxing chuckled.
This dead fat man has this virtue. He is not serious, but he can always bring some joy to people.
Seeing the curious glances of passers-by around him, Xia Jingxing realized that the fat man was still holding himself, and the two seemed full of affection.
So he pushed Andrew away, patted the latter on the shoulder, and said, "Thanks, now I’m in the magic city. I will ask you to eat the most authentic magic city fritters tomorrow."
Andrew smiled, "You will naturally have to make up the fried dough sticks, but, for my hard work, can I add some compensation?"
Xia Jingxing smiled and said, "As long as you do the next thing quickly and beautifully, I will give you a big red envelope."
"Oh, big red envelope, I like it. You said it, don’t forget it!"
Andrew turned his head, looked at the two young white men in suits behind him, winking his eyes, "Two, if your boss doesn’t keep his promise then, you have to testify for me."
The two white men, both in their thirties, smiled and did not answer.
They are all employees of the Lichun Fund under Envision Capital. They just joined the company not long ago. Later, they will have to eat under Xia Jingxing. They don’t understand the boss’s temperament at the moment, so how dare to joke with the boss casually.
Xia Jingxing and the two employees shook hands again and exchanged a few greetings.
Lichun Fund has just started, he asked Liu Hai to help recruit two senior people with post-investment management experience, these two are in front of him.
is not a great person in the previous life. I can only say that talking is better than nothing. Some is better than nothing. It can help build the framework of the fund.
He is responsible for the pre-investment work, and the post-investment part is temporarily handed over to these two people.
You don’t need to be as good as the two, just master the basic skills.
The most commendable thing is that the two can speak Chinese and have worked in China for several years. This is also an important reason why Xia Jingxing decided to hire them.
Xia Jingxing greeted everyone in the car.
Although the interior space of the Mercedes-Benz S-Class is large, the two employees are all big white men, plus a two-hundred-pound Andrew, the back seat is full.
Xia Jingxing did not squeeze the back row, sat in the front passenger seat, and began to explain the situation of the two invested companies to the three.
When he heard that Xia Jingxing had invested in a video website, a strange light flashed in Andrew's eyes.
The light inside the car was dim, and it was night time, so Xia Jingxing didn’t notice the slight change in Andrew’s face, and continued to preach:
"Framework Media will launch a wave of lightning mergers and acquisitions next, so the investment funds need to be in place as soon as possible, focusing on their accounts, cooperation agreements...
Tudou.com is just a start-up company. There are five people including the founder and the boss. They focus on whether their company has any legal disputes, whether there are any hidden landmines..."
Both companies have achieved success in previous lives, but it does not mean that due diligence is unnecessary.
It is common to step on traps in the investment circle, and many of them have not been reported, including some well-known companies.
So the success of a business does not mean that it will not entrap investors, and the investment will be absolutely safe, and the process that should be followed has to be followed.
Zhang Chenguang quietly acted as the driver, and Xia Jingxing and the three people in the back seat discussed the two target companies.
When we arrived at the hotel, the three of them were settled down. Xia Jingxing planned to go back to the room to sleep, and Andrew stopped him.
The two came to the hotel's executive lounge and found a place where no one was sitting.
"What's wrong? Energetic and can't sleep, want to drink some alcohol?"
Andrew waved his hand, looked at Xia Jingxing with a serious face, and said slowly: "You invested in Tudou.com, which violated the non-competition agreement.
Tudou, as a video website in China, is also a potential competitor of YouTube.
If you want to use your affiliated company Vision Capital to invest in them, you must get the written approval of Facebook shareholders. "
Xia Jingxing nodded. He thought that Andrew was looking for him for something. It was because of this.
smiled and said: "I know, I have just signed an agreement of intent at the moment, and no formal investment has been made. Lock the project first to avoid accidents.
I’m planning to discuss with you, President John, Breyer and other shareholders tonight, when it’s daytime in the U.S.
For a very small company, set up the layout first.
If you don’t allow it, I will withdraw the investment intention agreement. "
Andrew nodded, “It’s fine if you understand, I thought you ignored it, don’t leave any handles.
I personally have no objection, but you have to convince several other shareholders, especially Breyer.
At that time, the investment friend Youmi also invested in Facebook and Axel. You'd better bring him this time. "
Xia Jingxing frowned, because he didn't want to take it with anyone.
But thinking about it carefully, it is indeed unrealistic, so I took out my mobile phone and called the shareholders one by one.
Hoffman, Peter Thiel, Mark Pincus and other small shareholders who are soy sauce naturally have no objection, and are happy to give a favor.
Old man John was a little harder to deal with. After Xia Jingxing said some good things, the old man thought about friendship and agreed.
was really hit by Andrew, and the hardest thing to send was Breyer.
"Dalun, you can't do this. Now the oil pipeline is still developing rapidly. If you don't return to the United States, you go to invest in Chinese video sites. I really don't know what to say about you.
I suggested to you before, don’t go for venture capital, first steadily put Facebook on the market.
After the company goes public, whatever you want to do is up to your mind, no one will restrain you.
But now you put too much energy on Vision Capital, which has greatly affected the normal development of Facebook and YouTube. This is undoubtedly very wrong..."
Xia Jingxing listened to the endless spit on the phone, and looked at Andrew, who spread his hands at him, with an expression that he had expected long ago, and was not surprised at all.
Xia Jingxing knew that the benefits were not enough, so Breyer was full of grievances, so he said: "Well, let me discuss with the founder of Tudou. A round of financing let Axel invest."
"This is not...investment."
The end of the phone was silent for a while, and then faintly said: “If you let Axel participate in Tudou’s angel investment, I can be the master and let the fund issue a disclaimer.”
Xia Jingxing knew that this would happen. No one who can make an investment is a fool.
"After a while, we have only talked about a one-million-dollar investment. The founder is definitely not willing to dilute the equity anymore."
"Then you let Axel invest half a million dollars, and our two funds will have half each."
Xia Jingxing was naturally unwilling, and had a fierce argument with Breyer.
"...Mr. Breyer, there is no need to make trouble because of such trivial matters. Facebook and YouTube are the most important."
The other party has been reluctant to give in, Xia Jingxing simply took out the important weight and began to put pressure on Breyer.
Brayer heard this and was silent for a while before continuing: "Okay, that's OK, Axel must invest in the A round of financing."
"Don't worry, if the founders disagree, Envision Capital will sell you some of the old stocks."
Brayer heard this promise, and finally got a little balance in his heart.
In his view, China has repeatedly copied the American Internet model and has achieved success.
Tubing’s online video model will succeed in China in the future. It is obvious that there is almost no need to question it.
But it is not certain whether the successful company is called Tudou.
Xia Jingxing let them enter the game later. Although the rate of return is lower, the risk is relatively small.
Hang up Breyer's phone, Xia Jingxing discovered that it was late at night unknowingly.
"Are you ready?"
Andrew, who was sitting next to him, looked at Xia Jingxing with a smile.
"Well, it's just about dividing the cake. As long as the knife is good and the cake is cut well, nothing can be said about it."
Andrew nodded, smiled and said, "After listening to you guys, I regretted it a little bit. Didn’t you agree too quickly?"
"You don't want to invest in Tudou Internet cafes?" Xia Jingxing was taken aback for a moment.
Andrew smiled, "I just made a joke with you. But Breyer is right, you should focus on Facebook.
Let’s return to the United States early, just leave it to me. "
Xia Jingxing nodded, "Okay, I will leave tomorrow."
(End of this chapter)
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