Chapter 1139

At nine o'clock in the morning, Edward found Chuangshi network's stronghold in the center of the city according to the address. With Edward's current position in the world, he seldom came to the door on his first meeting.

Eric, of course, did not dare to neglect them. They got up early to prepare. Because of their work, most of them were night owls. They would not get up until 11 o'clock at least.

Eric also specially changed a new blue shirt to look clean and refreshing.

The two sides finally met and introduced each other. Edward looked around and asked strangely, "why didn't your major shareholder, Mr. mu Chenhao come?"

Eric mentioned mu Chenhao when he saw Edward coming, so he was a little upset and said quietly, "Sir, there is something I need to clarify to you. We three are the actual founders of Genesis network, and mu Chenhao is just our angel investor."

Edward a Leng, then said with a smile, "so it is, sorry, you rise too fast, I haven't had time to do a good background investigation."

In fact, Edward had known for a long time, but after all, it was the scene, and he pushed the boat with the current.

Eric gave a reserved smile and then said, "it doesn't matter. There are a lot of people like you who have similar misunderstandings about us now."

Edward himself was born as a journalist. He exposed the fact that the president of the United States had an illegitimate child in the media. He had a very sophisticated eye on people.

Edward could see what Eric thought at a glance, so he couldn't help shaking his head and felt that the atmosphere of the founding team was not very good. Of course, Eric didn't know that. He took Edward upstairs and downstairs for a tour, and showed him the latest website and mobile application version of Genesis network, which is currently under development. Edward has always been observing with his heart, and his face has always been smiling.

After a tour, four people sat down on the first floor. Edward first said, "three gentlemen, you know, our investment success rate is very high. This is because we will be cautious before making any investment decision, but now we are only in contact for the first time, so we need to discuss a few issues with you, so that we can make the right decision

Edward took out a pair of gold glasses from his briefcase, put them on, took out his pen and notepad, "first question, what do you think of the future of the software you write? How big do you think this market will be in the future? "

Suddenly faced with such a problem, Eric hesitated and said, "we think that the software currently written will become a trend in the future, especially in enterprise level applications, it is likely to have better development, and it will improve the efficiency of dealing with problems in unit time."

"As for the total market volume..."

Eric looked at Edward and saw that he was still smiling, so he gritted his teeth. "I estimate that in ten years, our software market will reach about $10 billion." Edward didn't comment on Eric's answer. Instead, he bowed his head and said, "well, second question, just now you said that your company's software will grow into a ten billion dollar market in ten years, so how can you get revenue from this software? Is it just a charging model? For example,

if the charging mode is adopted, how to ensure the continuous growth of users

Hearing Edward's question, Eric pondered for a while. In fact, he has been thinking about this issue. Before investing, mu Chenhao asked him about the profit model. So Eric threw out the answer he had thought about for a long time to Edward, "in fact, just in the first question, I have given an answer. I am more optimistic about the future development of Genesis network in the enterprise. If a large number of enterprises can pay to use our software, we can

achieve sustained and stable cash income. "

Now Edward asked, "last year, the global top 500 invested $12.5 billion in network management. Do you think your company's software will eat up all of its share?"

Eric stammered back, "no, no, no, I mean ten years from now, the total investment in enterprise network operation and management at that time must be much larger than the current figure."

Edward said quietly, "that is to say, you have not found a very good profit point in the mass market?"

Eric's sweat came down. "Well, I think our main task now is to expand the number of users. With a certain number of users, there may be some changes and new profit points."

Edward continued to ask aggressively, "but you just said that your focus is on the enterprise market. If so, what you have done to expand the number of users is useless?"

Seeing the speechless Eric, Edward smiles, "OK, next question, what's your current ownership structure? How much financing do you want and how much equity are you prepared to give up? "

Hearing this question, Eric suddenly came to the spirit, he quickly said,"The three of us are currently founders and major shareholders, each with a 20% stake. In addition, you just mentioned that mu Chenhao owns 40% of the shares, but he does not have the management right. He has entrusted the management right in the equity to us. "

Eric looked at Edward again, still smiling, and then continued, "Dear Mr. Edward, you know the Internet industry is a money burning industry. We hope to exchange 20% of our equity for 15 million dollars of financing!"

Hearing Eric's request, Edward laughed, "just now you mentioned that the three of you own 60% of the shares, and the other 40% is in Mu Chenhao's hands. For the dilution of equity, is it to dilute the equity of both of you at the same time, or just dilute your 60% equity? "

Eric said without hesitation, "of course it's all. We'll dilute it in proportion!"

Edward stares at Eric for a moment, and then says, "can you show me the details of your previous share investment agreement? You know, not all your shareholders are on the scene now. I have to have a clear understanding of the rights of the shares."

Edward's request is very reasonable, any venture capital institutions will make the same request, so Eric readily agreed. Edward took more than ten pages of thick stock investment agreement and carefully reviewed it. Then he took off his glasses and rubbed his nose. "Mr. Eric, I'm sorry that if you can't get the authorization from Mr. mu Chenhao, even if Sequoia Capital is willing to invest in you, you can only dilute your equity."