Chapter 1140

Hearing Edward's words, Eric was obviously stunned. He asked, "why is this?" Edward pointed to one part of the agreement and said to Eric, "what Mr. mu Chenhao has transferred to you is only the policy voting right in the daily management of the company, not all the management rights, and he reserves the right to transfer the shares and the right to sign a separate contract. In this case, you have no right to make the decision to dilute the equity on behalf of Mr.

mu Chenhao."

Then Edward said, "that is to say, if you want to exchange 20% of the equity for 15 million US dollars of investment, either you get Mr. mu Chenhao's signature authorization first, or you three transfer 20% of the equity to us."

"What's more," Edward said after a pause and a sip of coffee on the table, "according to what you just said, it's hard to believe that before round B financing, the valuation of Chuangshi network would exceed $75 million, and it would not be able to make enough profit in the mass consumer market. This is the most fatal problem. At present, our valuation of Chuangshi network will not exceed US $35 million,

that is to say, US $7 million, 20% of the shares, which is a suitable number. "

After listening to Edward's narration, Eric was very depressed, but he continued to argue, "Sir, I think Mr. mu Chenhao will agree to this financing plan. Moreover, although Chuangshi network does not have a mass market profit model, it does not mean that it will not have one in the future!"

Edward laughed and then said, "Eric, Sequoia Capital's investment strategy is very simple. My teacher is an investment wizard. He once said," invest in the track, not the driver. "And my investment strategy is" people-oriented! "

Seeing Eric's puzzled look, Edward explained, "now the world is different from 20 years ago. The track is important, but the driver himself should not be ignored. Through the communication with you just now, although you occupy the leading position in the current software market, your operation idea seems not clear enough. If there are competitors like

, I think you will have a great crisis.

Eric wanted to retort, but Edward waved his hand to stop him. He continued,

"sorry, that's what I have to point out! And your attitude towards investors makes me feel unfriendly. So I'm sorry, even if it's a $7 million investment, we still have to consider it carefully for a period of time. "

Eric opens his mouth, but he can't say anything. He just feels bitter in his mouth.

Goldie Parker looked on coldly, sighed, but still said nothing. He knew Eric's character, and he was very conceited. If he mentioned mu Chenhao's problem at this time, Eric would be angry.

Edward softened his tone, then said, "I can give you another three days. You can sort out your ideas. I'm going to New York in three days. So before that, you should make a complete business plan and feasibility plan for me. "

Looking at the dejected Eric, Edward shook his head, and then walked out of the station of Genesis network and went on his own Mercedes Benz S600.

After Edward left, Eric suddenly said angrily, "we were all cheated by mu Chenhao!"

Gaudi Parker dissuaded, "Eric, the representative of Mr. mu Chenhao, once reminded us that there was a similar clause in the agreement, but we didn't notice it."

Eric said angrily, "if you had been more alert, how could we have been fooled like this?"

Gaudi Parker and another founder suddenly changed color and said, "Eric, it's your decision to accept mu Chenhao's investment. And I have also reminded you that you don't agree to discuss with mu Chenhao about Sequoia Capital's visit. "

Goldie Parker thinks he's really fed up with it. Eric is always like this. He blames others every time there's a problem, but he never reflects on himself. He always likes to put the blame on others.

Seeing the two partners with angry faces, Eric finally converges. Another founder, Hassan, is the least talkative one. His mind is on programming. Now even Hassan is beginning to be dissatisfied with him, which makes Eric both depressed and afraid.

Eric suddenly thought that he has only 20% of the shares in Chuangshi network. If Gaudi Parker and Hassan unite, they can completely crowd him out.

So Eric put on a reluctant smile and apologized, "I'm sorry, I'm wrong. That's not what I mean."

Gaudi Parker said, "Eric, Edward said that we have a problem with our attitude towards investors. It's estimated that what we said is that you excluded mu Chenhao, so we can't delay any longer. We must tell mu Chenhao about Sequoia Capital and discuss with him."

Eric was very helpless, but he had no choice but to say, "OK, you can contact him."

Goldie Parker takes a look at Eric, turns away and walks to his office.

On the other side, Xia qingkong, who was driving, saw mu Chenhao on the co pilot's face smiling after answering the phone, so he asked curiously, "what's the matter?"Mu chuckled and then said, "nothing. Sequoia Capital and the founder of Genesis network met and talked about venture capital."

Xia qingkong suddenly perked up, "good thing, how much do they plan to pay?"

Mu Chenhao said calmly, "it doesn't matter how much they pay. It seems that Eric wants to talk to Sequoia Capital without us, but he doesn't succeed."

Xia qingkong was a little surprised and said, "how can he do that? Although you gave them part of the voting rights, you should let them know Mu Chenhao said with a smile, "it's OK. I have reserved the right of independent negotiation and the lien on equity. He can't dilute my shares without my consent. It's estimated that Sequoia Capital also found this in the morning, so the negotiation ended in vain. These two points were reminded by my brain trust at the beginning, so it's very important to have a good hand. "

Xia qingkong is still indignant, "this Eric is not a thing, at that time he was desperate, you helped him, now he wants to throw you away."

Mu Chenhao stretched his waist, looked at Xia qingkong tenderly, and then continued, "it's normal. After all, this round of financing is almost tens of millions of dollars, and the valuation has reached 100 million dollars so soon. It's too tempting." Xia qingkong was so surprised that she didn't notice a small pit on the road. She ran over it and the car bumped. Then she quickly concentrated on looking at the road, but still said, "the valuation has exceeded 100 million dollars? Is that exaggeration? I heard it's just a software! "