Chapter 157 Penguin Financing
The next day, as soon as Luo Fan arrived at the company, Gao Meng came over with a serious face.
"What happened? Why is your expression so serious?" Luo Fan asked.
"Boss, someone from Penguin just sent a formal email to the company, saying that he wanted to make an appointment to chat."
"Penguin? At this juncture, Penguin's instant messaging software similar to StarChat should have started to develop. Wouldn't you come to us just to declare war?"
"Boss, what are you talking about? How could a penguin do such a thing?" Gao Meng said, rolling his eyes.
"Yes, then just ask them if they are free at 10 o'clock tomorrow morning! Since you want to meet, why not meet earlier to save the effort of guessing what they want to do."
Gao Meng nodded and turned to leave.
Ten minutes later, Gao Meng came to Luo Fan's office and told Penguin that they agreed to meet at 10 a.m. tomorrow.
At 10 a.m. the next day, Penguin's representatives arrived at Luo Fan's office on time.
A total of three people came to Penguin's side, one of them was Zhang Jian, an acquaintance of Luo Fan, but this time it was obviously not Zhang Jian, because Zhang Jian was following a man in his 30s wearing gold-rimmed glasses.
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"Mr. Luo, this is Mr. Wang Libin, the director of our department.
Mr. Wang, this is Mr. Luo from Xingyuan Technology Co., Ltd." Zhang Jian introduced the two of them.
"Mr. Luo, I have long admired your name, you are really young and promising!" Wang Libin said with a smile.
"No, Mr. Wang is too polite, please!" After speaking, Luo Fan led the three of them to the reception room.
Everyone took their seats. After some pleasantries, Wang Libin changed the subject and got down to business: "Mr. Luo, your company's Star Chat has been developing very well recently!"
"I just have better luck."
"Luck is also a part of strength! Mr. Luo, we are very optimistic about your Star Chat!"
"Mr. Wang means..."
"We want to raise capital for StarChat."
Luo Fan was a little surprised when he heard this. He didn't expect Penguin to make such a choice.
Luo Fan has always regarded Penguin as his imaginary enemy, but now Penguin actually wants to raise funds for Xingchao.
No, that’s not right, even if they raise funds, they can’t be considered a family. In the previous life, Xiaopozhan was also financed by Penguin, but the series of actions after Penguin’s video clearly regarded Xiaopozhan as an enemy.
For example, the anime adapted from your own IP will not be played on Xiaopo Station, and the up owners of Xiaopo Station are prohibited from commenting on some TV series with exclusive copyrights of Penguin Video.
Therefore, Penguin’s financing cannot be seen as a show of good will, but can be understood as a clarion call to declare war.
Penguin's own new social software is about to enter the market. They are very confident in themselves, but now Star Chat has become the trend. Even if their new social software can beat Star Chat in the end, it will probably be a miserable victory, and the price paid will never be
Small.
Star Chat even has a good chance of winning. Once Star Chat wins, it will pose a big threat to Penguin.
So Penguin decided to make two preparations. One was to start a full-scale war with StarChat, and the other was to raise funds for StarChat in advance. Even if StarChat won in the end, Penguin held a certain proportion of StarChat shares.
It's a total loss.
Luo Fan guessed what Penguin was thinking, and he had no objection to it.
In the early stages of the development of Internet companies, if you have money, you don’t need to raise angel rounds or A-level financing. This was the case for a certain period in the previous life. In subsequent periods, only some non-core companies will receive financing.
product.
Luo Fan also thinks so. Whether it is Penguin or any other giant, as long as the following subsidiaries are not Toutiao, games, and subsequent short video businesses, they will accept financing from all comers.
As long as Xingyuan's veto power can be guaranteed, you can do anything else.
Besides, if a young company wants to quickly occupy the market, in addition to money, it must also have sufficient resources. What venture capital companies send is not only funds, but also sufficient relationships, talents and the management of large companies.
model, so financing is basically a necessary operation and cannot be avoided.
Luo Fan had told Gao Meng and Cao Shuai before that he had never thought that he could develop his own company as a sole proprietor.
Luo Fan's idea from the beginning to the end is to rely on the memory of his past life and the big data technology that is ahead of the times to prevent Xingyuan's core business from being financed and other subsidiaries from being angel round financing. Xingyuan can guarantee a veto power.
enough.
Seeing that Luo Fan was silent, Wang Libin thought that he was not willing to accept financing, so he immediately persuaded him: "Mr. Luo, we come here with sincerity. With the financing money, your company can be more aggressive in product promotion in the future."
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Without the worry of money, your company only needs to consider the problems that may arise in the product when the number of the company's users increases significantly, as well as the talents the company needs, which is also very beneficial to the development of Star Chat."
"What Mr. Wang means is that your company will not interfere with the operation of StarChat?" Luo Fan asked.
"Of course, Mr. Luo can go to the industry for consultation. The companies we invest in have almost no interference in their operations and they all develop freely."
Luo Fan believed what Wang Libin said. Penguins were like this in their previous life. After financing, they basically would not interfere with the company's operations, and they did not need any voting rights. All they valued was dividends.
On the contrary, what Alibaba likes most is "micro-management". After financing, various leaders are parachuted in. Many companies have been eliminated by Alibaba's outsiders and insiders.
"Then how many shares of Star Chat does your company plan to acquire?" Luo Fan asked.
"Our plan is to acquire 30% of the shares for 500 million yuan, but the related technology of Star Chat must be made public to us!"
"This is impossible!" Luo Fan refused without thinking.
As for other things, it is easy to say that it is absolutely impossible for StarChat to disclose all its technologies.
It is indeed not difficult to use Shake and Moments, but after such a long period of testing on Star Chat, these two technologies have become very mature.
Open it directly to Penguin, and Penguin can just copy it and you won't encounter any problems at all.
When wx goes online in January next year, it will become wx equipped with Shake and Moments. Coupled with Penguin’s strong promotion, how can Star Chat still be used?
Wang Libin also knew that Xingyuan Technology Co., Ltd. would most likely not accept his condition.
But let’s talk about business! Just raise the price on the ground, pay back the money when you get there, and let everyone take their time.
After a lot of wrangling between the two parties, no one could convince the other. Luo Fan immediately said: "Mr. Wang, our Xingliao Rice also has shares. How about we wait for the rice representative to come and talk about the rest?"
"That's okay, then..."
"Let's do it this time tomorrow!" Luo Fan said.
Chapter completed!