My Age of Investment

  Chapter 52: Meeting the Old and Knowing Another Country

   "After the company is officially registered, I will introduce the AB share system."

  Xia Jingxing felt that some things should be said in the front, so as not to have moths in the back.

  After speaking, he looked at Andrew and observed the reaction of the other party.

  AB share system, which is commonly known as "same share with different rights."

  Andrew is no stranger to this, after all, he is also an economic lawyer with ten years of experience.

  This system was first produced in the United States in the 1920s.

The original purpose of    was to prevent hostile takeovers, but at that time, the listing of AB-share companies had always been opposed.

  Until the 1980s, hostile takeovers were everywhere, the market was once chaotic, and more and more companies began to adopt the AB share system.

  Finally, the United States allowed the listing of same-share companies with different rights in 1988.

  In the technology circle, the AB share system is currently not very common and is a relatively niche product.

   So Andrew smiled and asked the reason: "Dalun, why do you want to design this equity structure?"

Xia Jingxing looked into Andrew’s eyes seriously and said: “I need to ensure the founding team’s control over the company, and the person at the helm must be our own, so as to ensure that the ship that is about to sail on Facebook is safely docked instead of on the shore. Hit an iceberg midway.

  Because there is no one who understands ship performance and hydrological environment better than us. "

  Andrew smiled and said nothing. It was very interesting to chat with this young man, because the other party always quoted scriptures to explain some truths.

  This gave him the illusion that the person chatting with him was not a young man, but a peer.

  "Dalun, are you sure you want to introduce the AB share system?"

  Andrew poured a glass of white wine on his own, took a sip, it was extremely spicy in his throat.

  Although it is not the first time to drink baijiu, every time I drink it, I have an unusual experience.

  Xia Jingxing nodded, “Of course, I’m not kidding. Although this system puts many rights of investors in a cage, it’s not a good thing.”

  The wine is too spicy. Andrew was sticking his tongue out. After hearing Xia Jingxing's words, he asked, "Good thing? What's the good thing?"

Xia Jingxing took the white wine on the table without a hassle, and poured himself a glass. Xu Xu said: "The founders can focus more on product development and company operations, instead of getting caught up in the endless relationship with investors. In the fight.

  For investors, founders are more focused on company development, and when the company develops, they can also reap more returns.

  This is a win-win situation, isn't it? "

  After the words, Xia Jingxing picked up the liquor and toasted Andrew a glass.

  Andrew habitually touched Xia Jingxing's glass, and only reacted after drinking, “You shouldn’t be drinking age yet?”

   "Oh, make an exception today, not the next one."

  Xia Jingxing only then remembered that American law does not allow young people under the age of 21 to drink.

  There are not so many regulations in China. Generally, you can drink it when you are an adult at the age of 18. No one cares about you except your parents.

  Western restaurants, supermarkets, and convenience stores buy alcohol. The other party will ask young customers to show their social security number or driver’s license to see if they have reached the age of drinking.

  Fortunately, the Chinatown side, culture and customs have always been self-contained, and Andrew is there, but there is no waiter who jumped out to stop buying wine.

  He looked at Andrew with a smile, "You won't report me, will you?"

   "Unless you let me hold B shares."

  Andrew’s joking tone made it difficult for Xia Jingxing to discern his true intentions for a while.

  Xia Jingxing also knows that the AB share structure is not very popular in the technology circle now, and it is not a simple matter to convince the other party.

  At this time, Apple, Microsoft and Amazon have not used the AB share structure.

  The watershed will have to wait until Google’s IPO in 2004. Since then, AB shares will become the standard for technology companies, and they have also been accepted by venture capital institutions and angel investors.

   "Half A shares, half B shares!"

  Xia Jingxing glanced at Christina and the little dog sitting aside, and added: "Otherwise, neither of them has the highest voting rights than you and Mr. Hennessy."

   "I need to think about it."

  Andrew smiled, and after thinking for a moment, he asked: "What's your opinion, Mr. Hennessy?"

   "I haven't talked to him about it yet."

  Xia Jingxing knew that this couldn’t be done, so he didn’t fool Andrew and told the truth.

  Andrew thought for a while and said, "If Mr. Hennessy can agree to your terms, I have no opinion."

   "Okay, let's talk about it today, and I will arrange for everyone to sit and chat together tomorrow."

  Xia Jingxing also knew that good things were not busy, and that he had to look at the meaning of Old Man John in the end, so he didn't bother with this topic.

   "Mr. Andrew, I will give you a dish! Your favorite sour radish duck soup!"

  Hearing the sound, all the four present turned their heads.

  A fat Chinese man dressed as a chef was walking over with a black crock, his face full of smiles.

   "Brother Qiu!"

  Xia Jingxing recognized the fat chef at a glance and shouted out.

  Qiu Zhiyi was taken aback, and saw a young man sitting next to Andrew looking at him with a smile and shouting his last name.

  He stared at Xia Jingxing’s face, and after thinking about it, he was a little impressed, but he still couldn’t remember the name.

  In fact, it’s not to blame Qiu Zhiyi's poor memory. Xia Jingxing had a super short haircut, and he probably wouldn't recognize him when he went home.

  "The international student who went to the United States on the same plane as you, Xia Jingxing, Xiaoxia who was studying at Stanford."

  Xia Jingxing also noticed that Brother Qiu did not recognize herself, so he reminded him again.

   "Oh, I remember, Brother Xia! It's you, why are you here?"

  Qiu Zhiyi put the earthen jar gently on the table and looked at Xia Jingxing with joy.

  At this moment, he has a feeling of meeting old friends from another country.

  Although I haven't known Xia Jingxing for long, it can even be called the fate of one side, but I can talk about it for a few hours on the plane.

  He quickly took a look at the guests at the table with Xia Jingxing and found that besides Andrew, there was also a small Asian man, a big Yanma.

  Looking at the age, he guessed that it should be classmate Xia Jingxing.

   "Are you inviting classmates to dinner?"

  Xia Jingxing nodded and said, "Yes!"

   "I said I would invite you to dinner last time on the plane, but unfortunately you never came.

  I can find an opportunity this time. I must treat you to a meal. "

  Qiu Zhiyi looked at Xia Jingxing and said with a simple face.

  Xia Jingxing noticed that Qiu's forehead was full of sweat, and there was a yellow stain on the chest of the white chef's uniform.

  Just looking at these, he knew that the other party's work should not be easy.

   "Brother Qiu."

  Xia Jingxing smiled and said, "I take my thoughts, and there is no need to treat them."

   "How can this work."

  Qiu Zhiyi was not happy, "You finally came here, and you are so predestined, it just happened to be in our store, and I have to invite it."

  "Are you still working now? Sit down and have a drink?"

  Xia Jingxing got up, pulled out a chair next to him, and made an invitation.

  Qiu Zhiyi looked down at his stained and soot-smelling clothes, fearing that it would cause the Xia brothers and friends to be unhappy, so he declined, "Forget it, I have to go to the back kitchen to help, next time."

   "Qiu, do you know Xia Jingxing?"

  Andrew can understand Chinese, so he asked.

  Qiu Zhiyi smiled and said, "Yes, we are friends. Hey, Mr. Andrew, do you also know Brother Xia?"

  After finishing speaking, Qiu Zhiyi also looked at Xia Jingxing, with some curiosity in his eyes.

   "Yes, we are also friends."

   Andrew simply replied that he didn’t know the relationship between Xia Jingxing and the chef surnamed Qiu, so he didn’t say much.

  The foreign girl and the little dog do not understand Chinese, and they have no idea what the three of them are talking about.

  Xia Jingxing introduced Qiu Zhiyi in English and told them: This is my friend, and I happened to be a chef here.

  The little girl and the little dog greeted Qiu Zhiyi enthusiastically, hello, and shook hands with the latter.

   "I remember you came to work with your relatives, right? Go and talk to your relatives. If you finally meet, sit down and have a drink."

  As soon as Xia Jingxing's voice fell, Andrew also reached out and made a "please" gesture, which was very friendly.

  The foreign girl and the little dog know, and they all smile and look like they are welcoming.

   Seeing this, Qiu Zhiyi stopped being hypocritical. After returning to the kitchen to say hello, he came back and sat down next to Xia Jingxing.

After a few glasses of wine, Xia Jingxing, Qiu Zhiyi and Andrew began to chat.

  Because Andrew's law firm is upstairs, and Andrew likes Chinese culture, he often eats in this restaurant downstairs.

  Not only that, sometimes customers come to consult the law and want to invite Andrew to dinner, but Andrew also brings them here for dinner.

  Over time, Andrew has also become a frequent visitor and VIP of the restaurant.

  The owner of the restaurant, Qiu Zhiyi’s cousin knew that Andrew likes to drink old duck soup, so he told the people below to give a dish from time to time.

  Today, the store's business was booming, and the waiters were very busy, so Qiu Zhiyi ran over to serve the food, and happened to ran into Xia Jingxing.

   "Oh, yes! Andrew, you are still a VIP."

  After listening, Xia Jingxing teased Andrew.

   "Brother Xia, Andrew's lawyer is very good, and their family has a good reputation in Chinatown.

  I heard from my cousin that when their family just came to the United States, when they bought this store, they still asked the old Mr. Andrew for help. "

  A faint smile hung on Andrew's mouth, which is also an important reason why he returned to Chinatown to inherit the family business.

  Because here, he can get a kind of respect, instead of being called the "New York lawsuit stick."

  "Hey, brother Xia, how did you meet Andrew's lawyer? Did something happen? Do you need help?"

  Xia Jingxing smiled, thinking that this guy Qiu is really good, a very humane person.

   smiled and said, “I asked Andrew’s attorney to consult about patents, so I met.

  Nothing happened, thank you Qiu for your concern. "

  Qiu Zhiyi didn't ask deeply, but nodded, "It's okay, after all, this is someone else's turf. What kind of lawsuit is really involved in it is still very troublesome for us Chinese."

  You still have a great future, and sometimes take a step back and broaden the sky. "

"Um!"

  Xia Jingxing nodded, he understood the meaning of Qiu Ge's words, half caring, half teaching.

  After a meal, when Xia Jingxing went to pay the bill, the waiter informed: I have already bought it.

  Don't think about it, it must be Qiu Ge's handwriting.

   Brother Qiu sent a group of them to the door and waved to Xia Jing, "Be careful on the way back! Come sit down when you have time and call the phone number I wrote to you."

  Xia Jingxing smiled at Brother Qiu, took out the small note with a series of phone numbers in his pocket, and manually entered the numbers into the phone book of the mobile phone one by one and saved them.

  He didn't expect to meet Qiu here, so he invited himself to dinner.

  Ape dung, this thing is really unclear, unclear.

  Of course, he will not take advantage of others, so he will ask Brother Qiu again in the future.

  (End of this chapter)