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The tug-of-war with the capital giants at the negotiating table lasted for a long time.
An hour and a half later, Chen Yao and a group of men in suits and ties walked out of the conference room.
"Boss, how's the deal going?" Sun Zhennan ran over quickly.
The teachers and students around him are also curious, how much is Chen Yao¡¯s company worth?
Chen Yao raised the corner of his mouth: "Guess?"
"Your company has just been established not long ago, so it should be pretty good to have a valuation of 10 to 20 million US dollars, right?"
"How is that possible? He runs a technology company. Why is the valuation so low? It's at least 50 million US dollars."
"His company just got the license yesterday. How much is it worth? A few million dollars would be pretty good."
Sun Zhennan grabbed Chen Yao's arm and asked quickly: "How much is it?"
"You all guessed wrong." Cai Feifei smiled brightly.
She said one word at a time: "Doujiao Beast Company!"
"Wow!" There was an uproar around him!
It¡¯s a unicorn company. Isn¡¯t his company worth 1 billion US dollars? !
In the capital world, there are strict standards for being called a unicorn company.
? Only startups that have been established for less than 10 years and have a valuation of more than US$1 billion can be called unicorns.
Every year, Forbes releases a list of the world¡¯s unicorn companies.
In other words, the legendary trajectory founded by Chen Yao can enter the global unicorn list!
My God, his company has only been established for a long time. He just got the business license yesterday and he became a unicorn today!
From 0 to existing, and then to unicorn, this is definitely the fastest growing startup company in the world!
He just graduated today, and his classmates are so envious!
Sun Zhennan¡¯s breathing was a little heavy: ¡°Boss, what is the specific valuation?¡±
Chen Yao stretched out three fingers, with his index finger and thumb forming an O shape: "3 billion, US dollars!"
The eyes of the people around him were red, and they were beating their chests with envy.
It would be great if it were me. I don¡¯t have to work after graduation and can just buy a car and a house to raise a young model!
Chen Yao said in a calm tone: "I'm not very satisfied, it feels very average."
???????????????????????????????? This is just average. Owning a unicorn company worth 3 billion, this is just average.
????????????? Is it good for people to strive for a height that they can¡¯t reach in their whole life?
The students really wanted to rush over and press him to the ground and rub him, rub and rub again!
¡¡
Afterwards, the capital tycoons left, and top-notch luxury cars slowly drove out of the school.
In the evening, the school cafeteria.
The Last Supper.
Starting tomorrow, most of the students will enter the society and have to solve the problems of survival and life on their own. The last dinner at school will be particularly sumptuous.
Chen Yao and Sun Zhennan walked into the canteen and were about to line up for food.
Cai Feifei came over and said softly to Chen Yao: "Classmate Chen, I've got food for you, so you don't have to wait in line."
She put a lunch box in Chen Yao's hand. The dishes inside were all his favorites.
"Oh, why didn't I? My heart is unbalanced." Sun Zhennan covered his chest as if he was heartbroken.
"Yes, yes, monitor, why do you only give him food and not us?" The boys around him looked sour, as if they had eaten a handful of dog food.
Cai Feifei blushed and forgot for a moment that she looked a little fat.
"Chen Yao is my friend, so I should help him."
Sun Zhennan joked, "Friends? Monitor, I have never seen you be so gentle to Chen Yao before. What happened tonight?"
Cai Feifei said righteously: "Tomorrow we will all leave school and go our separate ways to do something for everyone so that we can leave some good memories in your hearts."
The students who said this couldn¡¯t refute this.
Chen Yao was too embarrassed to refuse the squad leader's kindness. He took the lunch box she handed over, thanked him and walked towards the dining table.
Professor Zhong Guoqiang waved, and Chen Yao walked towards him and sat opposite him.
"Professor Zhong, I still want to find you." Chen Yao said: "Who did you recommend to me?"
It is impossible for me to return to the company often, and I am not good at managing the company. I need to find a suitable person to serve as the president of the company.
Professor Zhong¡¯s GodHe smiled and said, "She's very strong anyway. You can meet her the day after tomorrow."
With Zhong Guoqiang¡¯s status in the industry, the people he recommends are definitely not ordinary people. Chen Yao nodded and ate his rice.
Professor Zhong ate a piece of beef and asked: "How was your negotiation with the capital side?"
Chen Yao shook his head: "The negotiation was not completed."
Professor Zhong was confused: "Why? Are you dissatisfied with the valuation?"
"No, the valuation is basically satisfactory." Chen Yao said: "The biggest problem is the equity ratio."
Capital is greedy. Chen Yao really realized this sentence just now on the negotiation table.
According to their financing plan, they are willing to invest US$2 billion in Legend Track and hold 66% of the company¡¯s equity.
Although you can get a lot of money, the price is high. You have to pay most of the equity, which Chen Yao cannot accept.
Subsequent negotiations and a game with capital giants made them make concessions. Their shareholding ratio was reduced to 55%, and Chen Yao's shareholding was increased to 45%.
And, adopt ab shareholding structure.
As the founder of Legend Locus, Chen Yao can control 80% of the voting rights. In other words, the company is still his and he still controls it.
With this AB shareholding structure, Apple founder Steve Jobs will not be kicked out of the company he founded.
But Chen Yao still couldn¡¯t accept the low equity ratio.
A capital tycoon said, young people, 45% is not low anymore. Look at the founders of technology companies in the world. How many of them own more than 20% of their equity?
Ten or two billion U.S. dollars is not a small amount. You can get about 10 billion RMB, which is a huge temptation for an entrepreneur.
But if he agrees to them, Chen Yao will definitely regret it in the future.
From now on, the value of the legendary track will be at least equal to one Ari + penguin.
Chen Yao felt a little sad because they controlled most of the equity and made most of the money at a discount to them.
But having said that, a start-up does not have much bargaining chips when faced with capital giants.
Even so, Chen Yao still will not compromise with capital.
Zhong Guoqiang drank chicken soup and asked: "Then how to solve your company's financial problem?"
Chen Yao ate potato shreds and said: "The road to capital financing is not closed, and the team will continue to negotiate with them."
"I am conceiving Plan B. Without compromising on capital, I can still hold 100% of the equity in my own hands."
Professor Zhong was surprised, how is this possible?
¡¡
After the meal, Chen Yao and Sun Zhennan walked out of the cafeteria.
There will be a graduation party later, and Chen Yao plans to sing a song with his dormitory brothers there to bring an end to his student days.
Chen Yao looked at Sun Zhennan: "Have the third and fourth children arrived?" (Remember the website address: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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