Hong Kong variety show: I Am a Tycoon

Yahu is located in Silicon Valley, not too far away, so ten minutes later, Chen Jiajun arrived at Yahu's gate.

When Chen Jiajun saw Wang Zhiyuan and David Filo, he noticed that the two students who had previously seemed a bit green were gone.

Both men were dressed in expensive suits and wore rather smug smiles.

There is a big difference between arrogance and self-confidence, and Chen Jiajun could tell the difference at a glance.

Although they treated Chen Jiajun with great respect, the conversation quickly turned to the issue of company shares.

“The company is about to go public, and we plan to increase the total share capital,” Wang Zhiyuan said directly to Chen Jiajun.

Although they are the ones running Ya Hu, the real boss is Chen Jiajun.

Chen Jiajun owns 70% of the shares, so if the company's superiors increase the total share capital, Chen Jiajun will be the one who suffers the most severe losses.

However, at this stage, Yahu does indeed need a lot of funds for development.

So even though Chen Jiajun is a big boss, it's not easy for him to stop it.

However, there are as many as three ways to increase the total share capital.

The first method is to increase the share capital of all shareholders by a certain number of bonus shares. The number of shares held by the shareholders who receive bonus shares increases, and the share price decreases proportionally.

Then there's private placement, where shares are issued to specific targets, allowing the company to obtain incremental funds and increase its total share capital.

This approach is also the most advantageous for Chen Jiajun.

The last option is to issue new shares after listing, which is what Wang Zhiyuan and David Filo most want to do.

The reason I brought this up with Chen Jiajun today was to try and persuade him to issue new shares.

The two did a lot of preparation for this, intending to use their silver tongues to persuade Chen Jiajun.

Chen Jiajun immediately sneered, knowing what these two were up to.

So they refused without hesitation: "There's no problem with the company going public and issuing new shares, and there's no problem with diluting equity, but we'll still stick to the contract!"

“This…” Wang Zhiyuan and David Fello’s expressions changed immediately.

You should know that they had previously received investment from Chen Jiajun, and after three rounds of investment, Chen Jiajun firmly held onto 70% of the shares, leaving them no opportunity to maneuver.

Chen Jiajun said calmly, "I will only accept bonus share issuance and private placement. As for the shares to be diluted after the listing, I have no objection to following the rules!"

Chen Jun's words clearly showed that he had no intention of giving the two of them any face.

Despite being the founders of Ya Hu, Chen Jiajun can strip them of their management rights at any time if he wants, and even forcibly acquire their shares and kick them out of Ya Hu!

This made the two, who had been praised by the media, investors, and their peers, look extremely ugly.

"Mr. Chen, you're going too far. We're just discussing things, and you won't even give us the right to talk?" Wang Zhiyuan threatened, his face grim. "Without us, Ya Hu, we're nothing!"

Chen Jiajun said dismissively, "Oh? Is that so? So, how did YaHu manage to go public and become profitable? Whose plan did you use? Where did YaHu get its advertising revenue? Did you really think I couldn't make it in the internet industry without you?"

Upon hearing this, the two were struck dumb.

Their previous success had made them completely arrogant, and they believed that the company's development was based on their brilliant decisions.

But they seem to have forgotten that the source of YaHu's current advertising creativity is this very boss.

To put it bluntly, Chen Jiajun's forward-thinking approach means that even if he hired a professional manager, he could have turned YaHu into the world's largest internet company. It wouldn't matter whether Wang Zhiyuan and David were there or not.

Compared to Wang Zhiyuan's arrogance, David was more level-headed.

This guy is very familiar with the situation of these big American companies, and knows that their talents are nothing in the eyes of a "capitalist" like Chen Jiajun.

So he smiled and tried to smooth things over, saying, "Mr. Chen, please forgive him! He was just saying those things out of anger for the sake of the company!"

After saying that, David subtly pulled Wang Zhiyuan along, and Wang Zhiyuan quickly went along with it and said some nice things.

Chen Jiajun sneered inwardly, having already seen through their ulterior motives.

If it weren't for the fact that Ya Hu is about to go public, Chen Jiajun would have kicked the two of them out of management immediately, based on their mediocrity alone.

However, Chen Jiajun's tone has softened now, which means he has let the matter drop.

After a brief visit to Yahu Company and offering a few suggestions, he took Cao Weicai back to United Aerospace Capital.

"Boss, these two guys..." Cao Weicai said, making a throat-slitting gesture. Cao Weicai, let alone Chen Jiajun, could see through their arrogance at a glance.

Ambitious young people are the hardest to control, and Cao Weicai has already considered getting rid of them.

Chen Jiajun shook his head and said, "Let's be patient with them for a while and see how they perform after the IPO. If they cause any trouble, immediately initiate the process to kick those two out!"

"Having tasted the sweetness of capital, these two are no longer purely technical people. We must be wary of them! I don't want my investment to go down the drain!"

In another timeline, why did Ya Hu squander such a winning hand?
It's because Wang Zhiyuan became ambitious that he turned into a complete capitalist, rather than a leader of a company.

Even after Yahu became the number one internet company, it became even less ambitious and spent all its time thinking about how to make money.

In the end, they made several major mistakes in a row, which ultimately led to the demise of this leading internet company.

How could Chen Jiajun feel at ease letting this kind of person continue to lead Ya Hu?

Therefore, before making the investment, Chen Jiajun had already prepared a backup plan for Cao Weicai.

If Chen Jiajun wanted to, he could kick the two founders out at any time.

Cao Weicai nodded and said, "I understand, boss!"

"By the way, how's the listing process going?" Chen Jiajun asked Cao Weicai.

Cao Weicai shook his head and said, "These two guys are in a hurry, even more so than venture capitalists like us. I've tried to stop them several times, but I can't this time!"

Chen Jiajun frowned and asked, "Are there any hidden dangers?"

"Yahu has been targeted by Wall Street. I reckon there will be a buying frenzy after it goes public!" Cao Wei said with a headache. "Also, I've noticed that Wang Zhiyuan has been getting very close to a Japanese person lately. I wonder what they're up to!"

"A Japanese person?" Chen Jiajun nodded after hearing this. "I'll have someone investigate. What about your previous plan?"

Cao Weicai said with a hint of pride, "I've already met with people from the California consortium, but we're still in contact!"

"The other party is interested?" Chen Jiajun asked, somewhat surprised.

Cao Weicai shook his head: "How could that be? Our scale is still too small to attract the attention of a behemoth like the California Consortium!"

Cao Weicai then gave Chen Jiajun a strange look and said, "Moreover, we have some trouble! It concerns you, boss!"

"What trouble?" Chen Jiajun was taken aback.

"What happened in Colombia!" Cao Weicai said helplessly, "We've been targeted by the CIA!"

"Ha, the CIA!" Chen Jiajun sneered. "They still have the nerve to come looking for trouble with me? Let them come! The CIA has no law enforcement authority in the United States! And they wouldn't dare touch someone from Wall Street, would they?"

Cao Weicai nodded: "But they will definitely cause us some trouble! Especially your private armed contractor, boss."

Chen Jiajun sneered and said, "Let them investigate. I'm working through Interpol and have a license to be a private military contractor. What can they do to me?"

"What we need to pay attention to now is the situation with Ya Hu. Keep an eye on those two bastards and make sure Ya Hu goes public smoothly. Don't let them mess things up."

"I understand, boss!" Cao Weicai nodded.

……

Yahu's IPO attracted a lot of attention, especially from Wall Street.

They may not understand technology, but they definitely know how to make money.

Yahu's potential has shown them the potential of the emerging internet industry, so they have been seeking cooperation.

Unfortunately, YaHu's equity structure is too simple. Apart from the 30% equity held by the two founders, the rest is held by United Aerospace Capital.

Cao Weicai, the apparent controller of United Aerospace Capital, also comes from Wall Street, so many people approached him.

Even Cao Weicai's former employer, Citibank, sent people to find him.

Although they all knew that Cao Weicai would never give up the prize he had already acquired, they all wanted to give it a try.

Generally speaking, even if such a request is politely declined, these large companies will not have any objections.

But some people are different, like some Japanese people. (End of Chapter)