Chapter 267: Brushing Past
Fanfusushe Culture Media Co., Ltd.
In the conference room, the atmosphere was enthusiastic and solemn.
Tang Song pushed the door and entered, "Sorry, had a bit of an emergency just now."
"No problem, no problem, please sit, Chairman Tang, let's continue!" Liu Fangbo stood up with a smile and waved his hand.
Lin Mu Xue hurriedly stood up and helped Tang Song pull out the chair.
After everyone sat down again.
Liu Fangbo continued: "Chairman Tang, our sincerity is very sufficient, and we have also felt your importance to Fanfusushe.
Our company has rich distribution resources, and a professional team brought by Liyuan from Hangcheng, and I personally have some shares in the Yancheng Guzhen Film and Television Base.
This track of short dramas is still in the starting stage, and we have a lot to do in the future.
It can be said that all we lack is capital."
"Mm, I understand." Tang Song nodded lightly, looking at the document in his hand.
Pre-investment valuation 40 million yuan.
The company originally planned an A-round financing of 10 million yuan.
In this way, Liu Fangbo, who owns 68% of the equity, still possesses the absolute control of the company and can also maintain control over the company in the next round of financing.
However, after more than an hour of contact, his attitude underwent a significant change.
Loose and reasonable investment terms, clear obligations and powers, trust and support for the company's management team...
The letter of intent given by the other party was very reasonable and perfect, and the attitude was also very sincere; these were things other investment institutions had never given.
Of course, the more critical point was the strength Tang Song displayed.
After simple negotiation, Liu Fangbo sincerely expressed that if possible, he hoped to expand the amount of this financing.
Sufficient capital guarantee could also allow the company to eat this big piece of fat meat in the short drama market sooner.
"Chairman Tang, you can consider this aspect carefully." Liu Fangbo looked at him: "Even if you don't approve, we are very willing to execute according to the existing agreement."
Tang Song pondered for a while, then communicated with the investment manager beside him in a low voice.
For an investor, increasing investment to occupy more equity is a very risky thing.
It is necessary to comprehensively consider the value and potential of the invested company, the industry competition situation, and the impact of excessive control on the founding team.
The system task 【Capital Upstart】 has very strict requirements for effective venture capital.
It requires him to participate personally and truly complete a reasonable investment.
…
At noon.
After further negotiation between the two sides.
Tang Song stood up, smiled, and reached out his hand, "Chairman Liu, President Guo, I wish our cooperation success. I believe in your team and project, and look forward to fruitful results in the future."
Liu Fangbo and Guo Liyuan breathed a sigh of relief instantly, their faces filled with joy that could not be hidden.
"This is an important step for Fanfusushe Culture Media toward brilliance. Thank you for Chairman Tang's trust and support!"
"Happy cooperation! Our short drama team will definitely not let you down!"
Guo Liyuan's voice trembled slightly due to excitement.
The final negotiation results far exceeded their expectations.
Tang Song will invest 24 million yuan at once. After the new TS (Investment Letter of Intent) comes out in the afternoon, they can start preparing for DD (Due Diligence).
Everything was far better than she had imagined by several times.
After this round of capital increase and share expansion, the new equity structure is: Liu Fangbo (53%), Tang Song (38%), Guo Liyuan (9%).
Post-investment valuation 64 million yuan.
Temporarily no board of directors is set up, and Liu Fangbo still serves as the executive director.
Tang Song possesses a one-vote veto on major matters, and also possesses the right to know, the right to participate in decision-making, the right to supervise, the right to priority liquidation, etc.
The sun shone into the conference room through the clouds, forming patches of golden light spots.
As the CEO of a company with a valuation of 64 million yuan and about to complete A-round financing, Guo Liyuan, only 26 years old, was surging with emotion.
Looking at this alumnus Tang Song, who was as bright as the stars, she shook the other party's hand hard.
A new chapter of her life belonging to her was about to unfold.
Those young talents she once chased would all be left behind by her.
This is the benefit of following the right person and choosing the right track.
Thinking of this, she took the time to send a message to Shen Yu Yan, who was also negotiating the investment letter of intent far away in the Imperial Capital.
…
Xu Qing stood there blankly, her eyes full of shock and disbelief.
The company valuation is 64 million, wouldn't her 2% stock option be worth 1.28 million?
No way? No way?
I became a rich woman in the blink of an eye?
Of course, there is still a long way to go from stock options to equity cashing out, and it also requires her to purchase according to a valuation.
But for her, a little money-worshipper, the shock brought by the sudden increase in net worth was incomparable.
She didn't do anything! Just like that, she possessed a large amount of implicit assets!
Wait, no! I gave Tang Song a 4090!
Sure enough, just like netizens said, for boys, this is a super artifact!
Xu Qing clenched her fists excitedly, her eyes shining.
Should I send him another one!
"Xu Qing." A pleasant voice rang in her ear, interrupting her YY.
Looking up, she saw the tall and sexy Lin Mu Xue approaching.
With an intellectual and elegant smile on her face.
"Mm, what's the matter, Ms. Lin?" Looking at her flashy appearance, Xu Qing couldn't help but pout.
Damn green tea Liu Ruyan, trying to bully our Qingqing again!
This is just because Sister Yan Yan isn't here; otherwise, I must let the scheming Sister Yan Yan give you some eye drops!
Lin Mu Xue raised the corners of her eyes, took out a gold-stamped business card from her briefcase, and handed it over.
Her tone was gentle and friendly: "Call me Xiao Xue or Luna is fine. This is my nameplate; we can add WeChat later."
Looking at the naive Xu Qing opposite her, noticing Tang Song's sweeping gaze.
She affectionately grabbed Xu Qing's arm and placed the business card in her hand.
Regardless, she must perform better in front of Tang Song and show absolute loyalty to him.
But, if we really run into each other on some occasions in the future, don't blame me, Emperor Empress Mu Xue, for slapping your face!
"Okay, thank you." Xu Qing took the well-textured business card and scanned it.
【Lin Mu Xue, Senior Assistant to the Trust Committee of Slover(HK)Trust】
As a legal professional, Xu Qing naturally knew what this position meant, and couldn't help but feel a bit weak.
Lin Mu Xue raised her mouth, chatted with her for a few more sentences, and then returned to Tang Song's side, quietly acting as a foil.
Xu Qing let out a breath.
Took out her phone and started sending messages to her best friend.
……
Imperial Capital, Gongying Technology Co., Ltd.
"The success of this financing is the result of everyone's joint efforts, and I believe it is also a new starting point toward the brilliant future of Youjie Housekeeping!" Ren Mingyuan had a bright smile on his face.
Warm applause rang out in the conference room.
The originally tense atmosphere instantly became relaxed and pleasant.
Everyone congratulated and exchanged pleasantries for a while, and set off for the banquet hall.
Company pre-investment valuation 13 million yuan.
The original company equity structure was: Zhang Tianqi (42%), Shen Yu Yan (40%), Hou Shaoyuan (14%), Li Meixia (2%), Wang Ning (2%).
Gongying Technology invested 6 million yuan, and Hou Shaoyuan followed with 1 million yuan.
The existing equity structure is: Gongying Technology (30.4%), Zhang Tianqi (27%), Shen Yu Yan (26%), Hou Shaoyuan (14%), Li Meixia (1.3%), Wang Ning (1.3%).
The company's founding team still retained absolute control of the company.
But Gongying Technology added requirements for the amendment of the articles of association in the investment terms, and will get a one-vote veto on major matters.
Besides that, there are strict confidentiality agreements, non-compete clauses, anti-dilution clauses, equity repurchase clauses, etc.
Even restrictions were set on the company's equity structure changes and business direction adjustments.
Looking at the signed "Investment Letter of Intent" in her hand, Shen Yu Yan breathed a sigh of relief, but also felt a bit uneasy.
The biggest problem is naturally the "transfer in two batches" clause.
After all, there is only one sign of whether the financing is successful, and that is the arrival of funds.
But things have come to this, this is already the best result they can get.
Hope everything goes well in the future!
…
In the luxurious and spacious banquet hall.
"Happy cooperation, the three of you are all very excellent young people, I am looking forward to your future."
Gongying Technology's current chairman and CEO, Zhao Hongkai, arrived in person, pushing the atmosphere of the scene to the peak.
He is Gongying Technology's angel investor, and in the subsequent rounds of financing, he gradually replaced the original founding team and became the company's boss.
In fact, besides Ren Mingyuan and another technical director, the other founders were kicked out of the management team during the company's development.
"Thank you for Chairman Zhao's recognition."
"Ding, ding, ding—" Cups crossed, fine wine entered the throat.
Zhang Tianqi and Hou Shaoyuan originally didn't value this financing too much.
But in such an atmosphere, listening to the praise and recognition around them, they couldn't help but feel a bit floating.
Only 25 or 26 years old this year, the first company they participated in starting, completed the angel round just like that.
Even if the money isn't much, for them, it is also a result and talking point that cannot be underestimated, enough to make a big splash in the family.
Hou Shaoyuan looked at the senior Ren Mingyuan who was leaning toward Shen Yu Yan, and his brows furrowed.
He stepped forward and took the initiative to pull this senior, starting to chat.
For the school beauty Shen, he is determined to win.
The 1 million yuan invested this time is not a small number for him either, and he made many promises to his family for this.
He doesn't want to watch this Ren Mingyuan take the lead.
The cool champagne wandered in the oral cavity, "Gulp—", tilted his head slightly, and the wine liquid surged into the esophagus.
Shen Yu Yan narrowed her eyes, and the whole person gradually relaxed.
Worked hard for more than 3 months, and finally signed the TS.
Post-investment valuation successfully reached 20 million yuan.
Just need to cooperate with due diligence with peace of mind, and then wait for the transfer.
She can also continue her business expansion.
Regional expansion, optimizing and expanding the housekeeping service system, increasing investment in digitalization, perfecting brand construction, recruiting new talent teams...
And she can use Gongying Technology's smart home hub APP to realize efficient and high-quality traffic conversion.
Thinking of the beautiful prospects, looking at the jubilant scene before her, she couldn't help but drink wine again.
She can look for Guo Liyuan later. She is now the general manager of the media company, and Youjie Housekeeping's advertising business and brand construction can fully cooperate with the other party.
And with this layer of classmate and friend relationship, their cooperation can also be more harmonious.
By the way, today is also the day for Fanfusushe to negotiate the letter of intent, I wonder if it went smoothly?
Will the investment of at least 5 million yuan promised by Tang Song be fulfilled?
Thinking of this, she put down the wine glass and walked to the storage area.
Opened her beloved Gucci Dionysus bag and took out her phone from inside.
Immediately after, she saw an unread WeChat message on it.
Clicked to view.
【Liyuan: "Sister Yan Yan, I really don't know how to express my gratitude and excitement at this moment! The success of this A-round financing is all thanks to your and Qingqing's help in bridging the gap. Don't worry, I will definitely arrange the 2% stock option promised to Qingqing! May our friendship last forever! Thank you! Thank you very much!"】
Shen Yu Yan was stunned.
Having known Guo Liyuan for so many years, this was the first time she saw the other party so excited.
According to her understanding, Fanfusushe, which is rooted in the short drama market, has already received two TSs, so normal financing shouldn't be so exciting, right?
Intuition told her that there must be some changes in this.
Clicked on Xu Qing's chat box.
Immediately after, a photo came into view, and Shen Yu Yan's gaze was slightly lost.
Tang Song sat in the center of the conference table, wearing a white shirt, clear and upright, his body overflowing with thick confidence and composure.
On both sides of him were men and women with calm temperaments.
The men were in crisp suits, and the women were in elegant and capable suits.
Their eyes revealed shrewdness and decisiveness, full of aura.
Looking at Xu Qing's message, Shen Yu Yan's eyes jumped.
Industry analyst, financial analyst, legal consultant, data analyst, operations management expert...
This... is this the investment team Tang Song brought?
Compared with his momentum, it seems Gongying Technology is a bit too childish.
But how is this possible?
Where did he get these people? Found a specialized consulting service company?
Soon, a woman on Tang Song's left hand attracted her attention.
So it was her!
Shen Yu Yan was just about to send a message to her best friend to ask about some financing details.
Messages popped up one after another.
【Qingqing: "Sister Yan Yan, it's so annoying, that Lin Mu Xue is really a big green tea, when you come back, I'll complain to you properly!"】
【Qingqing: "Fanfusushe's financing is very smooth, but our company put forward some revision opinions, and it was only negotiated just now. Formal signing of TS will be in the afternoon, I'll send you the signing photo then."】
Shen Yu Yan replied immediately: "I received the message from Liyuan, wait for your 2% stock option incentive with peace of mind. Are you at the scene? What is the final company valuation? How much did Tang Song invest?"
【Qingqing: "You might not believe it, I was also scared, Fanfusushe's pre-investment valuation actually reached 40 million yuan!"】
Before, the TS received by Fanfusushe had a valuation between 30 million and 35 million yuan; of course, this was because investment institutions significantly suppressed it.
But she didn't expect Tang Song to be so atmospheric, actually giving a high price of 40 million, no wonder Guo Liyuan would be so excited.
【Qingqing: "In addition, Tang Song personally invested 24 million, holding 38% of the shares, post-investment..."】
Seeing the number 24 million, the expression on Shen Yu Yan's face instantly froze.
Reached out to slide the screen, confirmed repeatedly that she hadn't read it wrong.
Her heart twitched violently.
24 million? Take out 24 million yuan in cash at once? How is it possible!?
Even those billionaires would definitely not be able to take out such a large sum of money; their assets are more shares and industries.
Took a deep breath, she typed and replied with trembling hands: "Is this money to be injected in multiple batches? Are there hard requirements for performance?"
【Qingqing: "No, after DD (Due Diligence) ends, sign the investment agreement and pay it off within a week. You didn't see the expressions of our big boss and Liyuan, they wanted to kneel down to Tang Song and call him foster father."】
【Qingqing: "Okay, let's talk later, that Lin Mu Xue is calling me to follow Tang Song to eat."】
Shen Yu Yan stood there blankly, her face becoming paler and paler.
The phone screen gradually turned black.
"Shen Yu Yan, what are you doing here in a daze?" Hou Shaoyuan, with a slightly red face, paced over and handed her wine glass, "Come, let's have a drink. As the company's seed investor, I watched Youjie Housekeeping flourish in your hands bit by bit. May we work hand in hand in the future and show our great ambitions!"
Shen Yu Yan took the wine glass silently, but didn't clink glasses with him.
Red lips bit the rim of the cup, tilted her head hard.
"Gulp, gulp—" Drank half a glass of champagne in one breath.
Hou Shaoyuan, who was slightly tipsy, hurriedly cared: "What's wrong with you Shen Yu Yan? Are you okay?"
"I'm fine." Shen Yu Yan pursed her lips tightly, emotions difficult to describe flashing in her eyes.
Fanfusushe, with a valuation of 64 million yuan, classmate Guo Liyuan, who was not prominent before, has already walked far ahead of her.
What she couldn't accept even more was the meaning contained behind Tang Song's 24 million investment.
Now Youjie Housekeeping has signed the TS, even if she wants to go back on her word.
Other partners won't agree, and Tang Song won't invest in her again.
After all, he said clearly at the time that if the founding team is not harmonious, he will definitely not invest.
She suddenly realized that when she had a showdown with Tang Song in the restaurant at Beicheng Garden, where that uneasiness came from.
It was intuition warning her.
An opportunity that truly changed her life, an opportunity she dreamed of, brushed past her.
At this moment, the blue sky and white clouds of the Imperial Capital outside the floor-to-ceiling window seemed particularly dazzling.
Shen Yu Yan's eyes gradually turned red. ===== CHAPTER 268 =====
End of Chapter
