Low-key tycoon

Chapter 91-Meeting of Partners

You can search "Low-key Tycoon Search Novels (www.soxscc.com)" in Baidu to find the latest chapters!The second semester of the sophomore year is nearing the end unknowingly. During this period, the order and the hungry point have been in a see-saw state. As long as one has planned a discount, the other will follow up immediately, and the users will enjoy it. Consumers care The problem is how to eat good food for less money.

The two tigers competed, and ultimately cheaper consumers, at least most ordinary consumers think so.

As soon as the course was over, Li Mingrui visited Xu Xiaoping and President Penguin Ma. He took out the Series C financing plan compiled by professionals and explained the current situation of the company to the two.

As the company’s largest shareholder, President Ma also expressed his understanding that although Penguin has a wealth of money, after all, it burns real money. The company also needs to use a new round of financing to consolidate the company’s capital base and facilitate the exit of some early-stage capital investment. This is the so-called "profit making appearance."

The food delivery industry is now booming, so Li Mingrui has no shortage of investors. As long as Li Mingrui nods and agrees, the capital who is willing to join will have to line up to request a ride on the express train.

Before each financing, the company will find professionals to evaluate the company, and the financing shares are divided according to the latest valuation, so the venture capital investment in the early stage investment company spends relatively little money, but can occupy more shares , And although the venture capital that joined later has invested a lot of money, it can only hold a small share.

Since the order is in full swing, it has always been in an advantageous position in the competition with Hungry Dian, so the order is currently the leader of the food delivery industry, so it is seen by many investors.

Li Mingrui did not have the downfall when he first started his business. Now Li Mingrui sits in his office, and investors will come to ask if he needs financing.

According to the latest valuation, as the company that operates this popular software, Yuan Times Information Technology Co., Ltd. has also risen to a very high price of 2 billion U.S. dollars, which means that even Li Mingrui only has a percentage. For ten of the shares, he can have a worth of 2 billion yuan. Moreover, before the new round of financing has begun, Li Mingrui's shares are far more than 20%.

After venturing with major shareholders such as Penguin and Zhen Fund, and after the shareholder meeting was held, everyone almost agreed to open a new round of financing as soon as possible, prepare sufficient ammunition, and face opponents at any time.

After discussing the specific operation details, the general meeting of shareholders passed a vote on specific financing matters led by the management led by Lu Sheng. With the support of the board of directors and most of the shareholders, Lu Sheng's financing plan went smoothly. There are giants like Penguin. As an endorsement, the venture capital almost completely accepted the company’s shareholding conditions. Even if the conditions were very harsh, the venture capitalists still chose to accept it. They invested a large sum of money, but they obtained very few rights. Almost only dividend rights were left. Still flocking.

After the new round of financing, Li Mingrui's shares fell to 20%. Fortunately, Li Mingrui consulted Chen Yuan from the beginning and designed a set of operating systems that ensured absolute control of the company in advance.

Seeing that the junior year is about to start, Li Mingrui will deal with the matters at hand as soon as possible and prepare to return to school related matters. As both parties are currently replenishing their energy, the calm and the waves are temporarily calm, which is a moment of tranquility before the storm.

The junior needs to change campus, so Li Mingrui came directly to the campus of GL District to report. Since the school allowed to adjust majors during the junior year, Li Mingrui, in order to ensure that he could graduate smoothly, followed Ji Xiaoran and Ma Suyan to adjust to finance majors. For Li Mingrui, it is not very important what diploma to get, as long as he can graduate successfully in the end.

After meeting the new counselor, Li Mingrui and Ji Xiaoran were of course assigned to a dormitory. This also brought Li Mingrui a lot of convenience. Li Mingrui can find out what's going on in the school at the first time.Xuanxuan Book Bar www.xuanxuanbook.com

As an old fritters in a junior year, Li Mingrui is now blatantly skipping class. At first, Ma Suyan said a few words about him, but then he simply ignored it. As long as Li Mingrui treated her as before, she would be satisfied.

The school moved to Jinling City, which allowed Li Mingrui to deal with the balance between school and career calmly. He usually stayed at the company the most, and only rushed back when the school occasionally had problems.

Sitting in the office, looking at the cars coming and going outside the window, Li Mingrui seemed dazed, but in fact he was thinking about the company's development.

At present, the management led by Lu Sheng is very responsible. In addition, the old employees were extremely desperate at the beginning, so they were basically in important positions and were basically sent out to take charge of the affairs of various branches. Only Liu Yishou and Wei Caijun remained at the headquarters. Wait for management.

The company has grown to such a scale after just over a year of development. This makes Li Mingrui uneasy and always feels dreaming, but everyone around him, even Lu Sheng, told Li Mingrui that this is normal because The Internet industry is like this, as long as you are in the air, even a pig can fly.

Li Mingrui feels deeply worried about the current people's enthusiasm, especially when the company is not yet profitable.

In order to defeat the opponent as soon as possible, the order was placed and the starving point invariably used a money-burning battle, which made both sides in a huge loss, although the flow is very beautiful, but the rider took the commission and there was not much left.

Li Mingrui notified several partners to hold a meeting. This can be said to be the highest-level meeting of the company. Under normal circumstances, it will not be held. Only when the company is alive or dead, will a partner meeting be held.

As the spokesperson of Zhen Fund and the boss of the company’s management, Lu Sheng was absorbed among the partners as it should be. Another is the spokesperson of Penguin. The rest are Li Mingrui’s people, so Li Mingrui is in partnership People have an absolute advantage, which was deliberately designed to be this way, so even if Li Mingrui shares only a small portion, he can still firmly control the company.

"The reason why we are convening today is mainly to discuss the company's future development. At present, the company is in huge losses. This is also what I am worried about. If a company has been unable to make a profit, I think this is extremely abnormal. ."

"However, almost all Internet companies lost money in the early stage. We have data in this area to confirm this." Lu Sheng did a lot of research on the Internet, and he wanted to dispel Li Mingrui's concerns.

Li Mingrui disapproved, saying: "I don't know if this is a common condition of the Internet, but from the perspective of an entrepreneur, an unprofitable company is extremely unreliable and extremely unstable. Once the market fluctuates, It is easy to cause shocks. Now we can still rely on financing money to support the company's development, and then? We can't always rely on financing.

Everyone fell silent, because what Li Mingrui said was the truth.

"So we need to beat our opponents as soon as possible, so that we can end the burning subsidy as soon as possible. By that time, it is estimated that the company will be profitable and will be self-sufficient at the least."

"Then how do we defeat the opponent? Continue to burn money?" Li Mingrui asked the ultimate torture.

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