Chapter 515 Shitou and His Friends

A week passed quickly. Shi Lei thought that he would get busy once he had the investment, but he didn't expect that Yao Er had arranged everything properly. There was nothing that he could interfere with, even the occasional appearance in the company. , that group of people also turned a blind eye to him, and were too busy to even say hello to him.

Shi Lei doubted whether he was Qixuan's boss after all.

Yao Er also registered the offshore company for Shi Lei. The company name was a type that Americans like very much, called Stone and His Friends. Shi Lei thought the name was too tacky, but Yao Er told him that the full name of the famous Morgan Stanley's company is also Morgan Stanley and Friends, and the full name of the famous consulting firm McKinsey is also the same.

But Shi Lei still felt that the company name was too tacky, and Yao Er explained: "It has something to do with translation. The English used for registration is not that tacky. The full English name of your company is stone& Company." Shi Lei felt a little better now and was no longer such a country boy.

Within a week, Qixuan's technical team came up with the initial work. Although there were still many bugs that needed to be debugged, at least the interface and main functions were pretty good. The next step of debugging is related to GPS positioning. Although the module has been completed, the debugging must be combined with the satellite, which requires payment of fees in advance.

Fortunately, Shi Qiang notified Shi Lei that Zheng Xu's company had started the B round of financing. He had been in contact with several well-known domestic venture capital companies. Since Shi Qiang was definitely a potential stock in the eyes of investment banks, so The companies Shi Qiang found were very interested in investing.

In Shi Qiang's words, it's short and easy. It is estimated that the final venture capital investment can be obtained within two days. Now it is nothing more than making final confirmations with these companies on the valuation issue.

Shi Lei was very surprised. He knew that Shi Qiang was actually more familiar with large foreign venture capital companies. After all, he had started a business in Silicon Valley before. He didn't know why he wanted to find a domestic venture capital company. Isn’t it true that the larger the company you invest in, the more famous it is, and that it will be more advantageous for the company itself?

Shi Qiang told him contemptuously that for such small-scale companies, large foreign venture capital companies simply looked down upon them. Financing of less than 10 million US dollars was often an angel round in Silicon Valley, and at most it was pre-A. Just a round.

And just the next day, Shi Qiang informed Shi Lei that the venture capital investment had been confirmed, and three venture capital companies would jointly invest, and the company's final valuation reached 42 million soft sister coins.

Shi Lei was overjoyed and said, "Then my shares can be sold for 4.2 million?"

Shi Qiang once again said in an extremely contemptuous tone: "Please, you didn't participate in the A and B rounds. Your shares have been diluted, okay? Your current shareholding is only 8.1%. Zheng and I Xu has discussed it. According to our original agreement, the company decided to repurchase two of your shares. Zheng Xu did not agree with me to take over the remaining part personally, because except for the 10% that came in from the A round, I will not be able to take over the rest in this round. I want to pursue the investment, and he also promised me two points of management shares. He doesn’t want my shareholding to be too high. So, you have to find a company that can be used by me, Zheng Xu, and the three companies in the B round. An accredited investor will take over your remaining shares.”

Only then did Shi Lei understand that the original venture capital shares would still be diluted. He had actually seen this when checking the information, but he didn't pay much attention to it. Now he finally understood it through his own practice.

"Have you discussed the company's buyback with the three companies in Series B? Don't go back and make any mistakes."

"You don't need to explain this. You have to thank me for guessing in advance your intention to cash out after Series B. Otherwise, you would be very sad just for the board of directors."

Shi Lei was silent, he found that he really knew too little.

"In addition, you'd better inject the shares into your company first, otherwise, the tax alone will cost you hundreds of thousands. If it's a business-to-business business, the tax rate is relatively low."

Shi Lei agreed and told Shi Qiang that he would give him an answer as soon as possible about who would take over the remaining shares.

The first person who thought of it was Yu Banzhi, but Shi Lei felt that most Yu Banzhi would not be interested in such a small project.

He told Yao Er about his confusion, and Yao Er told him directly: "This is simple. The best way is to directly distribute the shares equally to the three companies in the B round. They will not be dissatisfied." More. However, since you still need my father to help you inject funds into your offshore company, you might as well ask my father directly if he is willing to take over."

Shi Lei's eyes lit up and he immediately called Yao Keji. Yao Keji had also heard about Zheng Xu's company. When he learned which three companies had invested in the B round of venture capital, he said there was no problem and he could follow the instructions of B. The round of valuation helped Shi Lei cash out his shares, but he needed to contact Shi Qiang directly.

It didn't take long, just about an hour later, Shi Qiang called.

"The matter of your cashing out has basically been settled. Yao Keji has taken over. The three companies have no objections. Come visit the company today and we will re-sign a contract. First, the company will repurchase 2% of the shares."

Shi Lei agreed and rushed directly to Zheng Xu's company.

Yao Keji also sent a lawyer to settle the matter of shares. After the three-party contract was signed, Shi Lei's shares were exchanged for just over 3.4 million in cash. After deducting three points of tax, Shi Lei received 3.3 million in cash. Yao Keji's lawyer transferred the equivalent amount of U.S. dollars to the company's account of Shitou and his friends on the spot based on the exchange rate of the day.

After Yao Keji's lawyer left, Shi Lei curiously asked Shi Qiang: "Yao Keji wants to talk to you directly. What did he talk to you about?"

"He asked me about the future development of this company. After all, everyone can see that this project will be limited to one year. Like the three previous venture capital investors, they all want to know whether we have the next project after the end of this project. planning. This is directly related to the future development potential of the entire company and also to the current valuation."

"So you already have a development plan for next year?" Shi Lei asked again.

"Please, you are no longer a shareholder of our company. I have no obligation to introduce our company's business to you, okay? Moreover, this is a commercial secret. Can you please stop prying around?"

Shi Lei slapped the table and turned his face and said: "Shi Qiang, are you sick? I'm just curious, can you stop acting like the father-killer and the enemy of me all the time? Do you believe that I can give you a call? Can you make that fox of yours stay away from you forever?"

Shi Qiang was silent. He was used to a business-like attitude, but he ignored that he and Shi Lei were friends first and then a cooperative relationship. The friendship between him and Shi Lei should obviously be much closer than the cooperative relationship. Without this relationship, it would never be possible for him to develop a cooperative relationship with Shi Lei.

"Okay, I apologize to you. I have been in the United States for a long time, and I am used to this rhythm of talking and doing things. Come on, I am busy enough this time. I will treat you to dinner tonight. By the way, thank you for setting me up. And Fox, she also said she wanted to thank you."

"Have you two established a relationship?" Shi Lei asked in surprise.

Shi Qiang nodded proudly, lowered his voice, and said mysteriously: "She spent the night at my place last night." The meaning was self-evident.

First update guaranteed. On the second day after the recommendation, I will strive for more updates and won’t make any promises.