Chapter 29

CHEN Ye wrote down the work schedule for Zhou Xiao in the coming week.

"At 9 a.m. on Monday, Kelly Hotel held talks with Sequoia Capital representatives, at 3 p.m. on Monday, Linhai tea house and Hillhouse capital negotiated, and at 10 a.m. on Tuesday, Fusen Hotel held talks with today's capital."

CHEN Ye said: "this is a selection of several venture capital companies, and there are seven or eight. If you don't see it, there will be no arrangement."

Zhou Xiao patted CHEN Ye's head and said, "if you make progress, add chicken legs for lunch."

Chen ye turned her eyes directly, "return the chicken leg. I have been working voluntarily for nearly two months!"

Zhou Xiao said with a smile, "continue to eat instant noodles at noon."

In fact, Zhou Xiao hopes to wait for a completely complete Xiaguo venture capital institution. Unfortunately, in today's highly internationalized capital, there is basically no.

The founder is Xia Guoren's Hillhouse capital, and his initial self is also from the Yale University Investment Fund in the United States.

Therefore, Zhou Xiao needs to retain his own interests to the greatest extent, and can not let Anyang purely become a tool for foreign capital to make money.

On Monday morning, people from Sequoia Capital had been waiting for a long time in the small conference room of Kelly hotel.

"Hello, Mr. Zhou!" A young man saw Zhou Xiao and greeted him. This is Zhang Yu, the contact person.

Zhang Yu said: "President Zhou, this Peter Li, President Li, a top student of Harvard Business School and a returned Chinese, is the head of venture capital for medical and health projects of our company."

Peter Lee looked at Zhou Xiao up and down, and Zhou Xiao also looked at him.

It's yellow skin and black hair. What else can I do, Peter Lee.

"Hello." Zhou Xiao is still a polite handshake, and then gives details to the company and the detailed description and potential of the annex mask mud to Peter Lee.

Zhou Xiao also said, "though the facial mask is not able to slow down the aging of human skin, it can maximize the condition of the facial skin and make the skin of the consumer at the best condition of her age."

"Our products will definitely become the necessities of the vast number of consumers, especially female consumers in the future, and the technology of microbial mask is only safe."

Anyang's information Sequoia Capital has been studied very thoroughly, so Zhou Xiao doesn't need to introduce it.

Peter Li came up with Sequoia's plan: "Sequoia Capital will inject $10 million within half a year. President Zhou, this capital should be enough to show that we are very optimistic about the prospect of your company. You can see the relevant agreements."

President Li said: "according to this agreement, Anyang will carry out the equity restructuring of the company, and we will obtain 20% of the shares of the company, that is, 1% of the shares of 500000 meters.

At the same time, we will have an additional attachment. If two years later, Anyang's profit exceeds 20 million yuan, Anyang can recover no more than 10% of the equity for every 1% of the shares of 1 million yuan. If Anyang's large profits are less than 20 million yuan, Sequoia Capital will automatically acquire a new 20% equity of Anyang, that is, Sequoia Capital owns 40% of Anyang. "

Sequoia Capital's agreement in this way must be quite optimistic about Anyang.

No matter what industry, it is absolutely profiteering to have advanced monopoly technology. Two years later, no matter whether Anyang can meet the standard of share repurchase or not, Anyang must be able to go very long, and Sequoia is making money.

"10 million meters knife!" CHEN Ye, acting as Zhou Xiao's secretary, swallowed her saliva.

In those days, Zhou Xiao joked that he would give CHEN Ye and Wang Yulan shares. If the negotiations with Sequoia were successful, more than 1% of the shares would be 500000 meters! More than three million soft sister coins!

CHEN Ye worked hard in Tianxin for a year, and her annual salary was only more than 100000 to 200000, which was more than 3 million at once.

CHEN Ye is a little dizzy. She looks at Zhou Xiao and thinks whether the boss agrees or not.

Zhou Xiao smiled, put down the agreement and said, "since President Li thinks Anyang will grow, do you ask for too many shares? President Li will look at my information and have a cooperation plan formulated by us."

Peter Li frowned. The conditions given by Sequoia were quite good. What was the man still picking? He turned over the information and there was an agreement given by Zhou Xiao.

The agreement states that Sequoia injects 10 million meters of knife to obtain 10% of class B shares (with a term of 5 years). Class B equity, with only dividend right.

Peter and Li are angry. Where is the investment plan? This is Anyang looking for Kay, who borrowed money!

Anyang will certainly be in the construction period in the first five years at the initial stage of its birth. Who knows how much profit there is! What if there's no profit!

Peter Lee still maintained his demeanor, shook his head and said, "I have been in the medical and health investment industry for so many years. I've never seen such a cooperation agreement. President Zhou, I think you should seriously consider it. 10 million meters is not a small number. "

Sequoia rarely makes venture capital in the daily chemical industry. If Anyang's products were not excellent and blown up by stars on the Internet, Sequoia Capital would not come here, and Peter Li would not negotiate with Zhou Xiao in the name of medical health.

The negotiation fell into a stalemate. Zhou Xiao absolutely did not accept the conditions given by Sequoia. On the contrary, Sequoia absolutely did not accept the conditions put forward by Zhou Xiao. Finally, the two sides broke up unhappily.

On the way back to the company, CHEN Ye said excitedly, "Mom, 10 million meters! Zhou Xiao, you don't agree! "

Zhou Xiao said calmly: "in fact, Anyang only needs about 10 million soft sister coins, but in the early stage of entrepreneurship, the most valuable thing is the shares. I can't accept 20% of the equity."

Zhou Xiao has a bottom line in his heart. Anyang is just the beginning. He can exchange part of his equity for the investment funds of the angel round.

In the future, Anyang will be stripped out of Zhou Xiao's technology system, so Anyang's equity will not affect the equity of the company in the future.

But even so, a 20% stake is too much!

CHEN Ye was a little depressed and said, "venture capital institutions, not charities, must be profit oriented."

Of course Zhou Xiao knew this truth and said, "so I need to find a condition that everyone can accept."

Peter Li didn't talk to Anyang, so he went back to Shanghai on the same day.

On the way, he kept complaining: "how many companies are starting businesses and how many public die in the seed stage! There are hundreds of projects waiting for me to investigate in my mailbox. Anyang is really excellent, but his excellence is not worth the price he said! "

Peter Lee seemed to be choked by Zhou Xiao. "A young man talked to me about monopoly advantage? Xinlang microblog is not monopolized or didi online car Hailing is not monopolized! These companies become excellent and monopolized because of our investment! What is he Anyang! "

As CHEN Ye said, non mercenary venture capital institutions are not excellent venture capital institutions. If the income of investing in Anyang can not meet expectations, they will not start.

Anyang was targeted by capital, but the collapse of talks with Sequoia made the capital world boiling.

There are more sincere companies waiting to meet Zhou Xiao.