Chapter 292 The Story of a Young and Promising Person

Chapter 292 The Story of a Young and Promising Person

The prince was ill and had a mental illness, so he packed his bags late one night and set out from the hospital directly to London to feed the pigeons.

Jin Xiu then resigned without taking any blame, simply because someone had to do something to serve as the final fig leaf.

Mr. Qu met with people from Jiaotong University's Enterprise Investment Group. After carefully reading the project cooperation terms three times, he disbanded the FA service team on the spot and declared defeat.

The negotiations surrounding Grapefruit Capital's super voting rights and the next round of financing have lost their meaning, because "Education Power" is not a K12 education product. Its core is a "political propaganda" tool.

Perhaps the business model of live education and office management service providers has a considerable degree of market value, but this just shows its practicality as a propaganda tool.

Mr. Qu is willing to use his life and property as a guarantee. When the product is officially launched in the near future, the publicity department will be the first to come forward and ask for investment. This is not a free commercial investment behavior in the market, but a principle.

Because the moral hazard of venture capital institutions holding startups hostage does not exist, principled investing does not care about this.

Either they insist on rejecting the financing and give up a product with unlimited prospects; or they accept the financing and watch the AB equity structure being triggered, and Grapefruit Capital using its super voting rights to sweep the board of directors and completely clear Banana Entertainment out of the management structure.

The benefits are growing, the losses are relatively reduced, and Xie Jingxing has set aside at least three months for them to digest their impulsive emotions.

A spent bow cannot pierce a thin silk cloth - Mr. Qu, who was good at delaying tactics, received a positive response.

When they were forced to resign from the CEO and board positions and surrender all negotiation initiative, they did not have the courage to die together. Three months later, as they watched the "education powerhouse" gradually take shape and the iron rice bowl market slowly opened the door to convenience, it was laughable that they still refused to negotiate.

So Prince Wang began to worry. In the future, he could make a lot of money through Panda TV, and everyone would praise him for being a good son because he was born in Rome and worked hard to start his own business in Rome.

However, he lost the actual control of the company, the corresponding social influence, and most importantly, the life achievements.

[The board of directors will be expanded to 9 seats, the board of directors and shareholders' meeting charters will be revised, an external professional manager will be hired to serve as CEO and chairman, the shareholding will be diluted to less than 50% in the next round of financing, and Banana Entertainment can retain 2 board seats. ]

Xie Jingxing was waiting for his flight at the airport. He was browsing Weibo and saw a netizen who had met Prince Wang in London. He thought about it and sent him a WeChat message.

"mascot."

Three words flashed through the mind of Tang Man, who was accompanying him. This was a good thing. He Chuan, who was responsible for the subsequent negotiations, could be more relaxed.

Qihoo 360, on the other hand, was not willing to accept its fate. Zhou Hongyi said in a sarcastic tone in his circle of friends that he had been tricked by a certain young man who did not do any good for others and called him a senior on the surface, but secretly deceived and cheated him behind his back.

There is no way. It's his own fault for being greedy. He took advantage of the opportunity to obtain the pledge of Panda TV shares held by Banana Entertainment, and also obtained the personnel management rights of Panda TV from Grapefruit. He wanted to have his cake and eat it too but didn't want to offend anyone. The end result can only be that he offends both sides.

Now Qu Dejun was very suspicious about what role he played in this internal struggle. After all, he was the one who revealed that Xie Jingxing was willing to give up his super voting rights, but he was not satisfied with Prince Wang's strong counterattack for self-protection.

"Hire an external CEO candidate as soon as possible and get Zhang Juyuan out. An operations employee who is responsible for recommending resources can embezzle millions in two months. If he can't pay it back, send him in too."

The overall situation was settled, and Xie Jingxing had no mercy at all. He had given Qihoo 360 a chance, but they didn't cherish it then and now they were complaining about it, so they should just die.

Tang Man shrugged helplessly. After Panda TV introduced relevant state-owned shareholders in the next round of financing, Grapefruit Capital’s super voting rights would have to be handed over.

As the saying goes, power expires if it is not used. It is necessary to resolve the executive faction of Qihoo 360 before this. Zhou Hongyi's insignificant fuss at this time will be of no use except to encourage the young people to take more severe actions.

All I can say is that being "cheated" is not unreasonable, and that's why I'm not as skilled as others and I'm willing to accept the loss. The old predecessors have to make way, the world is eager to hear stories about young and promising people.

…………

【I'm willing to admit defeat. I lost. 】

Three days ago, the cash flow of Dongguan Zhaoxin Communications, a knockoff machine assembler, ran out. Chairman Gao Min wrote this suicide note and committed suicide by turning on liquefied gas at home.

Three days later, Meizu Blue 1, which was officially launched for sale thanks to the great success of the concert, hit the market with a price of 799 yuan, aiming at Redmi, and low-end copycat phones were the first to suffer a bloodbath.

With the butcher's knife raised high and capital chasing after it, Meizu will sign a new round of strategic financing agreement in Beijing.

Tianyin Holdings, a leading company in offline mobile phone sales channels, brought in three investment institutions to invest a total of 5 million yuan and acquire a 1.55% stake.

The overall valuation of Meizu Group jumped by 335 billion yuan, and Taihe Capital held shares worth 31.5 billion yuan. The return on investment in half a year was nearly 60%, with an investment income of 11.5 billion yuan.

Tianyin Holdings is a listed company. Recently, due to the positive news of its investment in Meizu and the overall upward trend of the stock market, its own stock price has doubled in a single month.

The demise of copycat mobile phones will bring happiness to millions of families, and all parties will benefit, even Yu Tong.

Among Meizu's current round of financing, 0.33% of the shares were personal shares sold by Huang Zhang to cash out, with Grapefruit Capital being the buyer. This small transaction would not have required Tang Man to follow up for more than half a month.

However, the actual situation is that Xie Jingxing acquired this 0.33% of shares personally, and then transferred it to Yu Tong's brother-in-law from her mother's side. The brother-in-law even asked with a big face if he could get a director position.

It doesn’t matter whether I get a salary or not. The main thing is that it’s hard to find a job in the past few years because the environment is bad. All my friends are executives of this technology company or founders of that financial company. I feel embarrassed to go out without a title!
For this reason, Tang Man had to go through the trouble and come to Beijing in person to sign the investment agreement in order to fight for it.

"Haha, she is really my daughter-in-law."

In the snowy courtyard, the copper pot was bubbling with steam, and the sister-in-law pursed her plump red lips and stretched lazily, showing off her beautiful figure. Jealousy, naked jealousy.

Xie Jingxing sneered and shook his head in disdain. The beautiful and gentle female scientist could not escape the trivialities of family life. She lay in bed at night and said in a sweet voice that she had a good relationship with her brother-in-law from her mother's side since childhood, and asked us to do some investment work in a fair and impartial manner, and give us the right amount of money.

He had the nerve to jump out of bed and pick up a calculator to do the math, but a calculator couldn't figure out the bad debts of favors.

"During this period, those useless people in our family have been to your house to eat and take things, right?" Yu Nian became more excited when he didn't get a response.

Xie Jing Xing smiled slightly: "So I'm looking for you to take it back."

"Don't even think about it. If you still say something like "hundred billion semiconductor fund please leave", I can't do anything about it." Yu Nian restrained his expression and refused seriously.

It was normal for large families to have ups and downs. Now, among her generation, she was the only one who had the ability to deal directly with Xie Jingxing, and she still took advantage of her peers.

Now that they have obtained a marriage certificate, their interactions will naturally become more straightforward. In her opinion, the 100 billion semiconductor fund is a very thankless business.

"Just helping me look at the speech."

Xie Jingxing scooped out the mutton from the copper pot, piled it up in the bowl, and then covered it with a layer of pickled cabbage and poured half a bowl of Erba sauce. He left it alone for the first time, then put the whole plate of mutton into the copper pot. When the mutton in the bowl was no longer hot, he picked up the bowl and ate a mouthful of mutton, pickled cabbage and sauce.

Yu Nian frowned as he watched. It was quite normal to eat hotpot at this time last year, but why did it look like everyone was starving this year?

"I will use this speech at the annual economic summit in a few days."

Xie Jingxing is a bit of a rogue. Sister-in-law, you don’t want me to say the wrong thing, do you?

Yu Nian was so angry that his head hurt. "You have been talking with Demon City for so long without any progress. You should have realized the complexity of this. Not everyone wants you to join. The Finance Department just set up a 100 billion fund, and you set up a 100 billion fund right after. Where will the leaders put their face?"

"Put it under my feet." Xie Jingxing replied vaguely while chewing the mutton.

It comes again and again. Yu Nian is speechless. This kid has rebelled more than once or twice.

But the fact proves that nothing big has been done. If it rains, and my mother wants to get married, let her get married. Anyway, it is not her who is seeking death and becoming a widow.

"I'm a little hungry, so my eating manners are a little ugly."

After finishing two plates of mutton, Xie Jingxing burped slowly and wiped his mouth leisurely: "If you think about it carefully, I have offended many people since I entered the industry, but with Old Xie and your grandfather around, I have an absolutely fair business environment."

"Business is business. This is very idealistic. Talent, ability, or qualification that most people pursue their whole lives but cannot obtain? I don't know how to define it."

He paused for a moment and said, "So I don't care at all about what you just said about eating and taking things. This is also fair."

Yu Nian understood. He had an excellent investment environment and had paid the cost for it, so he had reason to utilize the so-called "absolute fairness" talent to the fullest.

"You asked me before where the motivation for struggle comes from. Now I can give you the answer. Stay hungry." Xie Jingxing reminded him as he remembered something.

Yu Nian nodded: "You asked me to do something for you at that time, so you owe me a favor, right?"

"uh-huh?"

Mr. Xie is not a person who refuses to pay his debts. He took the initiative to bring it up because he wanted to pay it back.

"You seem to have quite an appetite when you eat. Eat two more plates of mutton. I'm on a diet and can't eat much. I'll just feast my eyes on it."

Yu Nian smiled faintly: "Why? Two plates are not enough or too much. If you are full, don't force yourself."

"..."

Like to pretend, but get slapped in the face in seconds. Mr. Xie tried to stand up straight, but his slightly swollen belly protested strongly.

Yu Nian deliberately teased him. If he didn't say he was full, then he wasn't. Master, please give me two more plates of mutton. Don't be shortchanged!

What are you talking about? I, Chef Yu Defu, will not be able to eat less of your meat. Just wait and see.

Two plates of mutton weighed one pound and four ounces. Xie Jingxing ate until his throat was sore and he retreated against the wall. Before leaving, he gritted his teeth and said something cruel, "See you at the economic summit in a few days. I will specially thank you for your help in this paper at the end of my speech."

He learned his lesson this time. Without waiting for Yu Nian to speak again, he pretended to be cool and then ran away with his back bent.

I only dare to walk on flat roads. If I step on a stone, I will vomit. I urgently need to do some physical exercise to digest the food.

So Xie Jingxing went straight to another courtyard. Yuan Jin had been bullied badly by Zhou Fenglan recently. Hehe, he wanted to see how she was bullied.

(End of this chapter)