My Age of Investment

  Chapter 494 Use his own way to treat his body (seeking monthly ticket)

  Xia Jingxing squeezed her eyebrows, "In this way, you let him come and I will talk to him in person."

  Fu Jixun nodded, said good, and then went out of the office to call.

   Less than two hours later, Zhang Tao rushed to Jin Mao Tower.

"sit down!"

  As soon as Zhang Tao walked into the office, Xia Jingxing greeted him to sit down on the sofa.

  Zhang Tao felt a little nervous. During this period, his impression of Vision Capital and Xia Jingxing was the same as the stock price of Penguin, which fluctuated.

  At first, he had a good impression of Xia Jingxing; later, the expulsion of the co-founder gave him a glimpse of the cruelty of capital;

  Some time ago, Envision Capital’s new financing plan made him even more aware of the greed of capital.

   "I know everything, you want to replace the new financing plan with a debt-to-equity swap plan, right?"

  Zhang Tao nodded, and said sternly: "Mr. Xia, first of all, let me clarify that I am not the kind of short-sighted person.

  I can understand the new financing plan proposed by Envision Capital.

  But from my point of view, a founder’s point of view, the first round of financing will dilute the excessive shares, and the subsequent financing will be a lot of trouble.

  Furthermore, Mr. Fu said that he should also help Dianping introduce new executives. I have to take a part of the shares to win over these brothers and sisters who started their business together, right? "

  Xia Jingxing nodded, "It makes sense, but we owe it to consideration, so let's do it according to your plan!"

  Xia Jingxing agreed with this opening?

  This made Zhang Tao’s preparations for nothing come in handy and caught him off guard.

  Xia Jingxing's generosity also made Zhang Tao a little puzzled, what kind of medicine does the other party sell in this gourd?

  Xia Jingxing said solemnly: “Vision Capital is not a bloodthirsty capital. Our original intention is to “achieve each other with entrepreneurs and succeed together”.

  Dianping has experienced such a major personnel turmoil, the top priority is to supplement the shortage of manpower as soon as possible, so that the company can get back on track as soon as possible.

  Chinese entrepreneurs have always liked to copy the American model. In the future, there may be countless Chinese Yelps springing up like mushrooms.

  Dianping is the current leader, which does not mean that it is the ultimate winner.

  Let the past pass. People should look forward. Dianping should also focus on business and make the cake bigger as soon as possible.

  Now you propose a debt-to-equity swap plan and want to retain more equity. I think it is a good thing. It means that you look far enough and you are thinking about making the cake bigger.

  So, I decided to support you!

  Be aware that debt-to-equity swaps are generally given treatment for later projects.

  Dianping is just a company that hasn't even completed the A round, and there are still two things to say about future success or failure.

  Debt-to-equity swap is nicely said, but it is actually borrowing. "

  Speaking of this, Xia Jingxing shook his head and laughed, “We, Envision Capital is a venture capital institution, not a bank.

  You can inquire and find out how many companies are willing to accompany you to a start-up company in debt-to-equity swaps. "

   Zhang Tao was embarrassed, because Xia Jingxing was telling the truth.

   "Mr. Xia, listen to me..."

  Xia Jingxing raised his hand and stopped, "Okay, no more talk, since you need debt-to-equity swaps, then we will support you, that's it.

  I just hope that we don’t disappoint us. "

  Zhang Tao blushed a little, blushing for his previous careful thoughts.

  Xia Jingxing behaved so magnanimously, but instead he became a villain.

  Zhang Tao felt that he should have expressed something, he stood up abruptly, and solemnly said: "Mr. Xia, don't worry, I will never disappoint you."

  Xia Jingxing finally squeezed out a gratified smile and nodded, "Okay, stop twitching here, get the business done, and raise the valuation of Dianping, which is better than anything else.

  Have you heard of Tudou? The company that was established at the beginning of this year has been valued at 75 million U.S. dollars.

  In the early stage of entrepreneurship, Envision Capital invested in Wang Wei's angel round and took 33.33% of the shares.

   Then I directed Wang Wei to take down the online copyright of "Super Girl". Now that the valuation has risen, the SP business has earned back the copyright fees.

  Introduce Wang Wei to meet you another day. Everyone is starting a business, so you can communicate more.

  Okay, so be it, go ahead! "

  Zhang Tao nodded, and usually escaped from Xia Jingxing's office.

  To be honest, it was a big blow to him today.

  His proud career is a joke in front of Xia Jingxing.

  In addition, he also remembered Xia Jingxing’s various pointers to Dianping.

  If you do well, Dianping may not be the next Tudou.com.

  Tudou's matter has basically been spread in the entrepreneurial circle, and Xia Jingxing called a few words. In half a year, the valuation has skyrocketed by 25 times!

  And all this was given by Xia Jingxing.

After seeing Zhang Tao leaving, Fu Jixun walked into Xia Jingxing's office and asked with a smile, "What's going on, Mr. Xia?"

  "Give him a debt-to-equity swap plan. Dianping has just experienced personnel turmoil, and the founder must continue to maintain ample motivation for entrepreneurship."

  Xia Jingxing didn’t open a shantang. He saw this and prepared to release Dianping and borrow $500,000 to Dianping.

  $500,000 is not worth mentioning for Vision Capital.

  As for the 8.33% equity that was less acquired, there will be ways to increase the shareholding in the future.

  Because of the existence of debt-to-equity swaps and the existence of anti-dilution clauses, Envision Capital has basically locked in Dianping’s next round of financing in advance.

  At best, it means paying more, but Dianping can’t escape it.

  Fu Jixun thought that Xia Jingxing had taken Zhang Tao, but he let him go?

   "Mr. Xia, I just gave them the debt-to-equity swap plan for the A round of financing. Isn't it too cheap for them?"

  Xia Jingxing waved his hand, "Older pay, be more generous, the top priority is to make Dianping bigger, not to care about that little equity."

  Fu Jixun nodded, “That’s right, I just think that this public comment is too much, and few companies can toss like this.”

  Xia Jingxing smiled, “You are now a director of Dianping, and you need to help them more later.

   Zhang Tao is a bit indecisive and has soft ears.

   To be honest, he is a bit unsuitable for starting a business! "

   "Mr. Xia, don't tell me, I also found this kind of problem. If you are a powerful founder, how can you be framed by a few co-founders who have joined in the road?"

  Fu Jixun said and shook his head, “If it’s not that the public comment model is good, it’s really not worth the investment.”

   "If you don't have enough courage, you have to assist him. Let him recruit a few generals to supplement the founding team's shortcomings."

  Fu Jixun nodded, "It can only be so."

   "Hey, by the way, President Xia, Sequoia made trouble for us this time, just forget it?"

Xia Jingxing looked at Fu Jixun and asked, "What do you mean?"

  "In his own way, he will be treated as he is!"

  (End of this chapter)