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The Penguin team needed to discuss, so Yi Xiaohai took Li Xuanyu out for a walk.
After they left, Sister Dan was the first to put forward her opinion.
"Xiao Teng, I suggest you stick to the original financing plan, so as to ensure that the shares are not seriously diluted."
"I agree with Sister Dan."
Zhang Danqing opened his mouth to support.
Of the five people, two have already expressed their stance.
"I think we can consider Mr. Yi's suggestion."
Zhou Chen put forward different opinions.
"I have learned about the situation of corporate financing. If you have more money, you will lose more equity, which is detrimental to subsequent financing, but if you have less money, you will not be able to hold on!"
Corporate financing needs to be reasonable.
When more money is taken and the company¡¯s valuation is relatively low, more equity will be released, squeezing the equity space for subsequent financing. With less money, it is difficult to meet the initial development needs of the company, and it may not even be able to survive the next round.
This requires managers to consider a more appropriate limit.
Brother Dong also expressed his opinion.
"Xiaochen is right. We have experienced days when we had no money. If an extreme situation occurs, we may face such a dilemma again."
"But our original intention when creating the software was to sell it, not to continue operating it. Now with this financing, we can increase the number of users to 500,000 in the next two months, and then sell it at a good price."
Sister Dan and Zhou Chen insist on continuing the paging business and are not optimistic about Penguin Software.
¡°But Penguin Software was mainly developed by Zhang Danqing, and he has deep feelings for Penguin Software.
"Sister Dan, if the number of users increases sharply, maintenance costs will also increase. If we have no money to set up servers again and the experience is poor, users will be lost, and all the early efforts may be in vain."
"We have done data simulation before, and our user growth will not exceed 500,000 by the end of this year. Your worries are completely unnecessary."
"I think what Mr. Yi said makes sense. We get money to promote it. If there is a real surge in users, how should we deal with it?"
"He said that just to let us ask for more money so that he can get more shares. He is a businessman. Can you believe what he says!"
Facing the pressing pressure of Sister Dan and Zhou Chen, Zhang Danqing seemed a little weak.
But he was very determined to get more money.
Because he wanted to continue the business rather than sell it.
Brother Dong is relatively rational. He is not thinking about selling or not buying, but about the troubles the company may encounter in the future.
"Whether we sell Penguin Software or not, the ultimate goal is to make money. If we want to sell the software, we also need good data and prospects recognized by investors. Zhang Danqing's worries are not wrong. If we are short of funds and lose users, Who is willing to accept this mess?"
Brother Dong was older, so what he said still held more weight, so no one spoke.
"However, Sister Dan and Xiaochen's considerations are reasonable. We cannot give too many shares, so I suggest adding some funds on top of 500,000, but it cannot exceed 2 million US dollars."
Brother Dong is quite thoughtful.
500,000 is too unsafe, and 4.5 million is too much. To balance it out, 2 million is more appropriate.
The four of them were discussing, and Xiao Ma was silent and did not speak.
Initially, their main purpose of developing Penguin was to sell money.
But now, he is indeed a little hesitant.
He doesn¡¯t want to sell.
If you don¡¯t sell it, you will need funds to operate it well, and 500,000 will definitely not be enough.
"Xiao Teng, what do you think?"
"How about we get 4.5 million"
He said something shocking, and all four people stared at him.
"Xiao Teng, if you take 4.5 million, our equity will be diluted very seriously!"
"Xiao Teng, 4.5 million is too much."
Sister Dan and Brother Dong agree that they cannot take 4.5 million.
Brother Ma looked at his friends and asked:
"I think the amount of financing we get depends on our positioning of Penguin Software. If we sell it, we will add a little on top of 500,000. If we continue to operate, we will get enough funds."
Brother Xiao Ma¡¯s personality is relatively gentle, but at this time, he is very domineering.
"So, it all depends on our attitude. I want to decide now the future direction of Penguin Software, whether to sell or keep it."?¡¡±
He looked at the four people.
Sister Dan hesitated for a moment and was the first to express her position: "I agree to sell."
Zhou Chen followed closely: "I agree to sell."
"I agree to continue operating."
This is Zhang Danqing¡¯s opinion.
This time, Brother Ma expressed his opinion first: "I agree to continue operating."
Since the establishment of Penguin Company, they have encountered difficulties and had many disputes.
When they disagree, they will vote to resolve the matter.
The situation is now 2 to 2, and the decision-making power is handed over to Brother Dong.
Brother Dong smiled bitterly.
Getting financing should be a happy thing, but with them it turned into a big PK for the entrepreneurial team.
"You are posing a problem for me!"
"Brother Dong, you are the oldest, so in the end it is more appropriate for you to make the decision."
Brother Xiao Ma is the main business owner, but when they encounter differences, they respect Brother Dong¡¯s opinions more.
"I won't make a decision for the time being. I want to see Mr. Yi's valuation of the company."
Brother Dong just wants to compromise and get about 2 million.
¡°But all four of them wanted to take the extreme route, and he had no choice.
¡°Brother Dong, I¡¯ll leave it to you to decide on the negotiation at that moment.¡±
It is now 2 to 2, and the final decision is made by Brother Dong, so the subsequent negotiations are left to Brother Dong.
¡¡
In order to give them enough time to discuss, Yi Xiaohai and Li Xuanyu went out for a walk and bought two ice creams to eat.
The weather in Pengcheng is really too hot.
When he came back, he found that the person negotiating had become Brother Dong.
"Have you thought about it?"
"Mr. Yi, before I answer your question, can I know how many shares you want if you raise $4.5 million?"
The five people all looked at Yi Xiaohai nervously.
Sister Dan and Zhou Chen hope that Yi Xiaohai will speak up, so that there will not be so much controversy, and Brother Dong may support selling software.
Brother Xiao Ma and Zhang Danqing hoped that Yi Xiaohai would not be too harsh.
But Yi Xiaohai didn¡¯t play by the rules: ¡°I¡¯ll give you 4.5 million, but you have the final say how many shares I¡¯ll give you.¡±
??The five of them looked at me and I looked at you, completely confused.
Brother Dong had already drawn a line in his mind, but now he has no need to use it at all.
"Mr. Yi, please stop joking"
"I'm not joking. If you think that 4.5 million can give me 50% of the shares, I have no objection. If you give me 1% of the shares, I will accept it. It all depends on you."
Yi Xiaohai went downstairs for a walk and realized that his proposal of 4.5 million might cause disagreements within Penguin.
He doesn¡¯t want to break up the Penguin team, so the best way is to let them decide an appropriate share ratio
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