C36

036th Yanjing

Wei Dongsheng thought quickly: "So, you want to open an internet cafe?"

Huo Yongshan shook his head. "What do you mean 'no bonus, no bonus.' That's all your money. "The core of the equipment trading business is the source of the goods. With an endless supply of equipment, even idiots can turn into money by now. I do not have the qualifications to receive a 30% bonus."

Firstly, Huo Yongshan didn't understand the process of money laundering, and secondly, he wasn't willing to accept dividends that were outside of his capabilities, so he simply allowed Wei Dongsheng to do as he pleased: "I had communicated with other Internet Cafe owners before, and heard that the Internet cafes in the big cities have been changing their liquid crystal displays in the recent two months. In the future, my Internet Cafe will keep up with the times and not need a single CRT monitor. I will use all of my LCD to make it the first Liquid Crystal Display Network Cafe in Wu Ping County. Liquid crystal displays are more expensive than CRT displays, but they are also limited in price, so it doesn't even cost 700 thousand yuan. "

Wei Dongsheng said, "It's better to make a total of 7 million, it's more convenient to calculate."

Perhaps Huo Yongshan felt that seven hundred thousand was not as exaggerated as that ten million, and did not continue to hold on: "Alright, I'll keep the rest of the money for you."

Wei Dongsheng took in Huo Yongshan's 7 million yuan dividend as a new round of venture capital investment, and then, the two brothers began to calculate Huo Yongshan's share, "If you invest 7 million yuan, I will invest 21 million yuan. The initial capital would total 28 million yuan, and the one yuan would be converted into one, that is, you own 7 million shares, which is 25% of the total; I own 21 million shares, which is 75% of the total. My initial start-up plan was to operate my online games like Chen Tianqiao was doing Legend. At that time, I would have to introduce other partners to fill in the gaps in sales channels and operating channels, and the specific shares would constantly change accordingly. However, I can guarantee that your shares are definitely non-diluted. "

Non-diluted shares are the terms of financing.

Many people think that the undiluted shares are the tool of civilian entrepreneurs because of the fine misunderstandings that arise from the literal sense of the word. They dream of rebirth until 1999, when they would invest 5 million yuan in Tencent, ask for 40% of the shares and sign the undiluted terms. Then, no matter how many investors come along, no matter if they're waving $2 million or $100m, their own share will always be 40 per cent and they'll be able to grab Tencent's future market capitalisation without worry.

This kind of thought was a dream.

Day and night.

Undiluted shares, not played like this.

Even if the resurrected use their legal knowledge, using the equity loophole to sign the so-called 40% "never dilute" clause, and then face $100 million in financing, ignoring the board's opinion and insisting that they must maintain their 40% stake. If that happens, the result is certainly not surrender on the part of investors and management. Instead, the original shareholders and management used up 5 million yuan of your investment, hollowed out all of Tencent's fixed assets, and then resigned en masse and formed a new vest company with investors who brought in $100 million in investment. Former shareholders run the company while using legal cases to drain your capital, and buy back Tencent at a low price when the reincarnated are in distress.

Capital markets are not pure white sheep, and even if the law allows so-called never dilute, capitalists will never comply.

As long as you want to raise money, as long as you want to go public, dilution of equity is unavoidable.

The so-called non-dilutability usually refers to the non-dilutability of the interest. For example, in the first round of financing, a start-up was valued at one hundred million yuan, and an investor signed a 10% non-dilution clause. In the second round of financing, only sixty million yuan was valued at the start of the second round of financing, and the so-called non-dilution clause would take effect. The non-dilution clause, which only protects investors' legitimate profits, only protects investors' investments from being maliciously diluted, not protecting the greed that makes you a fat man in one bite, and even less protecting you from seizing hundreds of billions of dollars in value for 5 million yuan, is the underhanded rule of the investment community.

Therefore, the word 'cannot be diluted' was not as wonderful as he had imagined.

Most of the time, though, it sounds good enough.

For example, the current Huo Yongshan.

Hearing the word 'cannot be diluted', although Huo Yongshan did not understand what was going on, he felt that Wei Dongsheng was truly loyal.

After comforting Huo Yongshan to lower the chance of a fire in the backyard, Wei Dongsheng rushed to the Panyang City train station at exactly the right time. In 2002, there were still no high speed rail, so the journey from Panyang City to Yanjing was still quite far. Fortunately, it was not the peak season yet, so Wei Dongsheng was able to arrive at the Panyang City train station at 6: 30 PM.

Clang clang clang. Fourteen hours later, Wei Dongsheng arrived at the western station of Yanjing. Wei Dongsheng had lived in the Yanjing for many years in his previous life, but his impression of the Yanjing s were mostly from the landscapes and favors of 2010 onwards. For example, the train that Wei Dongsheng and Ji Susu would frequently pass through in the future, the Line 13 subway, had only started operating on September 28, 2002.

The hotel slept with its head covered. It was nine o'clock in the evening when they woke up. Wei Dongsheng started up his PowerBookG4 laptop. The network verified that it was connected to the intelligent life forms such as cyanobacteria, green algae, and orange algae that were thousands of miles away.

The sixteenth Congress of the Labour Party was convened from 8 to 14 November 2002 to elect a new leader. The leader of Jing Minqiang's wife family, Gong Qixing, had successfully entered the Cabinet. Although he was not one of the nine great elders, he was still one of the fifteen great elders. The 24 Cabinet Elders were the top political clubs in the Hwa Country, every seat could not be underestimated, and being chosen as a Cabinet or a Cabinet was two different concepts, two different lives.

Gong Qixing and his other friends also gathered at the Yanjing to act as support for the competition. They were able to resolve the unnecessary trouble in time. Before Gong Qixing entered the pavilion, Jing Minqiang did not dare to have the leisure to relax for even a moment. After Gong Qixing entered the pavilion, he had to lower his head and listen to Gong Qixing's teachings, firmly remembering which benefits he could seek for in the future, and which benefits he had to give up.

Jing Minqiang being disregarded by the Gong Family meant that the Gong Family was not willing to invest all of his political and economic resources into him. If Jing Minqiang dared to go against Gong Qixing's national chess game plan, then it would not be a question of disrespect. In the eyes of others, Jing Minqiang was a big shot, but in the whole of Gong Family, he was just a chess piece that could be exchanged with benefits at any time. He had to unconditionally sacrifice himself to serve Gong Qixing. At the end of November, after the adjustment of Gong Family's new five-year plan, Jing Minqiang finally had some free time of his own.

This was also the reason why Wei Dongsheng had only come to the Yanjing at this time.

It was useless to be early.

Wei Dongsheng had ordered the blue algae to invade the China Netcom Headquarters to find clues about Jing Minqiang, and then followed the vines to invade Jing Minqiang's usual desktops and laptops. Every time Jing Minqiang's computer and cell phone were connected to the network, it would be promptly monitored by Bluegrass. As a result, his itinerary was firmly grasped in Wei Dongsheng's hands. The schedule showed that if no accidents were to happen, Jing Minqiang would go to the China Unicom Headquarters on West Dan Bei Street in West City tomorrow to take care of some trivial matters.

Wei Dongsheng then investigated the information of the China Unicom Headquarters and discovered that the China Unicom Headquarters had just moved into a new location at the beginning of October, number 133 of West One North Street. Wei Dongsheng complained that the information available online during 2002 was really little. He went to sleep early that night and woke up early. He rented a car and lurked near the Hwa Country Bank Headquarters. When Jing Minqiang arrived at the West Dan North Street, he saw Jing Minqiang's familiar face. Wei Dongsheng quickly carried his notebook out of the car and adjusted his pace, bringing Jing Minqiang far away from him.

Time was almost up, Wei Dongsheng suddenly increased his speed and dashed into the building.

The security guard naturally would not ignore them and used a card to stop Wei Dongsheng. "Sir, we need to register here."

Wei Dongsheng ignored the security guards and shouted towards Jing Minqiang's figure: "Third Uncle, wait for me."

The security guard was stunned.

Wei Dongsheng, who was dressed like a human and carried a shiny PowerBook G 4 notebook computer in his arms, was obviously not a blind person who could be forced into action. Furthermore, Jing Minqiang was accompanied by the company leaders. When Wei Dongsheng called him Third Uncle, the security guards could not help but hesitate for a short period of time. Because of the security guard's slight hesitation, Wei Dongsheng avoided his obstruction and chased after Jing Minqiang and the others into the elevator.