Return to 88: Starting from Marrying My Sister-in-law

"I disagree."

Sure enough, Jiang Wanli did not agree with Xiao Jun selling all of his shares in Wanyan Company to Lu Yang.

"We agreed that no one is allowed to leave the company within two years. Even if someone wants to leave, they must obtain the consent of everyone present. Otherwise, the company has the right to declare the transaction invalid. Mr. Xiao, Mr. Lu, I advise you to think it over carefully."

In the meeting room with only four people, Jiang Wanli's face was full of anger.

He couldn't accept it.

At this critical juncture when the product is about to be launched, such a huge change in the company's equity will affect his voice in the company.

Even though he still believed in Lu Yang.

But if it is possible not to change, it is better to do so. This is a matter of principle.

Xiao Jun's face looked ugly. He didn't expect the other party to refuse so bluntly without leaving any room for communication.

What if it is really as the other party said?
Isn't this road blocked?
But he had no other choice but to mortgage all his houses and add 15% of the shares of Little Prodigy Company to barely convince his cheap father to agree to let Qian lend him million yuan to save his life!

Add to the previous 2.5 million.

That is 5.5 million.

Then the Xingfuyuan Community, which was his former entrepreneurial project, has now been mortgaged to the bank.

Fortunately in misfortune.

Unlike the complete collapse of Hailan's real estate industry, housing prices in Pengcheng were not affected at the same time and remained strong and prosperous.

The first phase of Xingfuyuan Community has been completed.

The second phase is now under construction and is almost completed, and pre-sales will be available soon.

There are houses in Phase 1 that are selling very well.

The occupancy rate is extremely high, far exceeding that of communities developed by surrounding developers in the same period.

The local banks in Pengcheng still give him face.

Agree to lend him 100 million.

The procedure is now underway.

But all these people added up were not enough, as there was still a shortfall of one hundred million. To make up for this shortfall of one hundred million, he had no other assets to sell or mortgage, and only the last shares of Wanyan Company were left.

Wanyan Company raised funds twice.

He has invested a total of 4500 million yuan, and now it has been less than a year. If he can sell it to Lu Yang for 5500 million yuan, he can still earn million yuan from it.

It can just fill this hole.

But if it is rejected today.

First, he was short of the 7.5 million yuan and had no way to fill the hole of the million yuan. He had to think of other ways, but he couldn't think of other ways in the short term. If he dragged it on like this, accidents could happen at any time. Once it eventually led to irreversible consequences, his life would be over, all his industries would be wiped out, and he might even become a deadbeat.

Of course he couldn't accept such an outcome.

I don't want to take any risks at all.

However, if I can’t sell it to Lu Yang, then I can only sell it to someone else.

But secondly, Wanyan Company currently has no income and has been spending money on research and development all along, having spent nearly 200 million RMB. Although it is almost coming to an end and the product is about to be finalized, its assets may explode at any time.

But who believes it?

Who can't be convinced?

Lu Yang was willing to pay a premium because he had a clear understanding of the prospects of the VCD market. In addition, Xiao Jun felt that he and Lu Yang were good friends. The other party agreed to pay a premium of 5500 million to acquire his shares. In addition to being optimistic about the company, the other party also wanted to help him.

But apart from Lu Yang, is there anyone else who can afford this price?

Xiao Jun understood the meaning of Jiang Wanli's words. He was simply worried that after he sold his shares to President Lu, President Lu would take advantage of the situation and completely enter Wanyan Company as a major shareholder, taking away the power in his hands.

In other words, he could sell the shares in his hands to anyone and the other party would have no objection, but he just couldn't sell them to Mr. Lu.

See this.

A hint of gloom also appeared on Mou Qizhong's face.

He agreed to invest out of complete trust in Lu Yang.

He had no idea about the prospects of the so-called digital compression, decoding and playback technology. This thing was high-tech and looked new, but it had nothing to do with what he was good at.

However, he believed in Lu Yang's vision when he learned from Xiao Jun that Lu Yang was willing to spend 4500 million to buy Xiao Jun's shares, which had only invested million yuan.

He had also been tempted to think about whether he should join in the fun and take part in it.
It can be moved by intention.

I didn't expect that even though this was something that both parties were willing to do, other major shareholders would stand up and oppose it.

What do you mean?
It turns out that we, the investors, have invested so much money, but we still can’t make the final decision on our own shares, right?

He is a man of humble origins.

He was not familiar with the twists and turns in these serious companies and was extremely disgusted, especially when Jiang Wanli stood out and clearly opposed the acquisition, which made him realize a sense of crisis.

If we replace him with Xiao Jun, and if he wants to cash out, will that not be possible?
Damn it, who gave me this right? Say it again if you dare?
Seeing Mou Qizhong's fierce eyes.

Lu Yang quickly changed the subject and said to the angry Jiang Wanli in a kind way: "Mr. Jiang, please don't be anxious. It's true that we had an agreement at the beginning, but it was only a verbal agreement and it can't form a legal regulation. Besides, Mr. Xiao also had his reasons. Now that he is in trouble, it is our duty as friends to help him. Don't you think so?"

Jiang Wanli's expression eased slightly.

But he still insisted on his previous statement, "I didn't say I won't help, but I can't lose my principle. If Mr. Xiao is really short of money, he shouldn't sell these shares easily. Although the company is not profitable now, we just need to wait a little longer. Once the product is offline, next year, at the latest, the company's assets will definitely skyrocket. Why can't we wait a little longer?"

Xiao Jun showed sarcasm on his face: But I have to live to wait until then.

"Manager Jiang, isn't what I just said clear enough? I'm waiting for money to save my life. So, if you object to me selling it to Mr. Lu, then you buy it. I can guarantee that Mr. Lu will never stand up and sing the opposite tune like you do."

Jiang Wanli's face froze.

Where does he get the money?

Part of the previous secondary financing was lent to him by Lu Yang, and he has not paid it back yet.

Seeing that his face was so stiff and he had nothing to say, Xiao Jun pressed on: "This is not okay, and that is not okay. Manager Jiang, is your purpose to force me, Xiao, to death?"

Jiang Wanli's face became uglier and uglier, and gradually turned pale. Especially since it was not only Xiao Jun who looked at him with such eyes, but also Mr. Mou, who also looked at him with such eyes. He shook his head and said, "I didn't, I, I just..."

It's becoming increasingly powerless.

Seeing that the time was almost right, Lu Yang signaled Xiao Jun not to push him too far and told him to wait for him to say anything.

"I have something to say. Please listen to me and then express your opinions."

Lu Yang stood up and tapped the desk with his fingers, attracting everyone's attention.

"We are all decent people, there is no need to argue fiercely, it's just that this acquisition case brings two faces to the people present.

That's the good side.

There is also a bad side.

Let me talk about the bad side first. The company had five shareholders before, and although their shares varied, the difference was not too big. Mr. Jiang, you and Mr. Sun, together you can firmly grasp the right to speak in the company. Mr. Mou, Mr. Xiao, and I, even if our shares are added together, are not as high as yours and Mr. Sun. You have 51%, and the three of us have a total of 49%. What are you worried about now?
Are you worried that I, Lu, will become a major shareholder?

If I take over the shares in Mr. Xiao's hands, I will become the largest shareholder among the remaining four shareholders of the company, right?

That's right.

But what’s the point?
The only person I can still join forces with is Mr. Mou, and Mr. Mou and I still hold 49% of the shares combined. You only need to firmly gain the support of Mr. Sun overseas, and the company's voice will still be in your hands. Isn't this the same as before?"

Jiang Wanli opened his mouth: Can it be the same? It must be different. You have already stolen my girl once before. Since Mr. Sun can support you once, he can support you a second time. I am the founder of a company and I am on the verge of being abandoned at any time. If it were you, wouldn't you be worried?
He didn't even have time to say anything.

Lu Yang was already talking about his second side. "I've talked about the bad side. Now let me talk about the benefits it brings to everyone. The valuation of a company is determined by the market. The more optimistic the market is about it, the higher its valuation will be. Everyone is here to make money, isn't that right?
But right now, our company has invested nearly 200 million RMB in research and development. What have we gained after spending these 200 million RMB?
A new audio-visual electronics product was obtained that transforms the new technology of MPEG image decompression into a player.

What we are facing now is to bring this new audio-visual electronic product to the market.

and then?
Is it possible to encounter new problems in the process?
What if the money is spent, the product is launched on the market, but it fails to gain a good reception?

Is this a possibility?
Without assumptions, everyone can imagine that the biggest beneficiaries of the popular VCRs and CD players on the market now are from European, American, Japanese and Korean manufacturers. On this road, the future is tortuous and the challenges are severe. There may be light, but it may not appear immediately. We should not rely on luck and be prepared for a protracted war. "

After hearing this, several people showed deep thought on their faces.

Obviously, what Lu Yang said makes sense.

"What does this have to do with your acquisition of Xiao Jun's shares? If you don't think highly of it, why would you pay such a high premium? I'm a little tempted."

Mou Qizhong grasped the key point.

As soon as these words were spoken, the stern expressions on the other people's faces began to relax. They put aside their previous deep thoughts and turned their eyes to Lu Yang.

Lu Yang nodded and smiled, "That's true, but I'm still optimistic about it. The birth of MPEG image decompression technology is revolutionary, and the VCD audio-visual player based on this technology is also revolutionary. Compared with the old-fashioned VCRs, it is smaller in size, easier to operate, with clearer images, higher sound recognition, and more convenient for families to use it, such as in the living room or bedroom. This is something that the old-fashioned VCRs can't match. Even if our products will be so-called cold and suppressed at the beginning, the market will sooner or later educate those who suppress it. Whoever embraces it earlier will win the future of audio-visual players.

But how long the future will be, and whether it will include our Wanyan company that invented it, I can’t say for sure. I’m not sure. I can only say that we should try our best to survive these first few years. As long as we can, the future will be bright.

But before that, we can't just do nothing.

Knowing that it will be blocked and coldly received after it is launched on the market, why not start hyping it up in advance?

Hypothesis.

I mean hypothetically.

We have raised funds twice in total, and the total amount is 2 million, right?
Our company currently has no products and no profits. We have invested more than 200 million yuan, and nearly 200 million yuan was spent on research and development. It is true that we have obtained some very important patents, but the outside world is not optimistic about us now. Am I right?

But if we say to the market at this time: No, you don’t understand, this company has epoch-making technology, and the 200 million real money it burned is valuable, and it will change the situation where future video players are monopolized by Europe, the United States, Japan and South Korea.

how to prove?

Let me give you the answer.

Everyone can brag, but real money will not lie. Once the acquisition with a premium of 5500 million is completed, the market trend will definitely change. Even venture capital companies that are not optimistic about it will have to re-evaluate our company and put our company's information back on the desks of those who have the final say.

And there is also a most practical benefit here. Once this acquisition with a premium of 5500 million is completed, regardless of whether the outside world recognizes it or not, the valuation of our company will rise along with it, and it will inflate by at least 100%. At the beginning, we invested a total of 2.5 million, including the technology investment. Now we value it at 6 million. Do you think it is reasonable?

That makes perfect sense, doesn’t it?”

Lu Yang's voice had just fallen.

Mou Qizhong's eyes lit up, and Jiang Wanli's eyes also lit up. No one doesn't love money. The purpose of doing business is to make money. If you can have both passion and making money, that would of course be the best result.

Lu Yang expected that they would be very interested in this topic, so he continued: "Of course, valuation is not something that can be realized immediately, unless we are willing to sell the company shares we have now. But what if we aim to make Wanyan Company a listed company?"

"Assuming that our previous two rounds of financing were the Angel Round and the A Round, then we will have a B Round or a C Round, and then go through the final listing. If everything goes well, then this internal acquisition by Mr. Xiao and I will definitely lay a solid foundation for our next two rounds of financing. At least we have the gimmick. If a venture capital company is optimistic about us, we can bargain with them openly. At least the company's valuation now starts at 6 million.

Just lie down and do nothing.

For example, Mr. Mou, you invested a total of 5200 million in two rounds of financing. Now you can earn at most 7000 million in less than a year. Is this a good deal?
And you, Mr. Jiang.

You invested in the company with your technology, and you have invested a total of 2000 million. If you just give your approval now, your net worth will soar to over million."

Lu Yang raised his thumb and said, "Such a mutually beneficial thing that benefits everyone, why would you oppose it instead of promoting it?"

Jiang Wanli was speechless when asked.

He wanted to say that Lu Yang was eloquent, but that was not the case at all. However, he had to admit that what Lu Yang said actually made some sense.

Horse riding.

Real money is invested and the company's valuation increases in return. Who dares to say it is not true?
"I don't think there's any need to argue anymore. Let's vote by raising our hands. I'm in favor, who's against?"

Mou Qizhong slammed the table and stood up.

He also considered whether he should sell some shares of Wanyan Company, but he could still barely hold on. However, his Sino-German Company's account would be empty. The working capital had been basically drained out, and a lot of it was in arrears with the suppliers. If something went wrong, it would be all over, and he might have to go to jail again.

He was taking a huge risk.

In order to fill the hole of 7.5 million yuan, it can be said that he has put everything on the line. Otherwise, even if he is the leader of private enterprises in the three southwestern provinces and once claimed to be the richest man in the country, he would feel very exhausted.

However, if Wanyan Company can be valued at 6 million yuan now, once any accident happens, he can completely save himself by selling part of his shares in Wanyan Company to raise funds.

Whoever opposes is Mou Qizhong's enemy.

Jiang Wanli moved his lips, but ultimately did not say a word of objection.

"Let's vote."

He agreed to the vote.

After sitting down, he looked at Lu Yang and Xiao Jun, "You two need to avoid suspicion. Next, I will vote with President Mou and President Sun. As long as two of us agree, I have no objection and will do as you say."

Xiao Jun immediately objected: "I don't agree."

Lu Yang shook his head: "I agree, let's contact Mr. Sun. I believe Mr. Sun will make the best decision for the company. A qualified businessman will not let go of any benefits."

Jiang Wanli sneered: "Even if it is just an illusory valuation?"

Lu Yang nodded and said confidently, "That's right."

Sun Yansheng was able to contact the four people present.

Although he has the best relationship with Jiang Wanli, both of them are technical experts and have common topics, while the other three are just technical freeloaders.

But Lu Yang was confident that he would win once the call was connected. "It's a pity for Brother Jiang. He will be even more depressed this time. Mr. Sun Yansheng has supported me twice. He will definitely be more worried about whether he can continue to be in charge of Wanyan Company. Although I don't have the idea of ​​taking away his power, what can I do if he wants to do so?"

(End of this chapter)