Chapter 25 Establishing an Investment Company

Cao Shen got into the car and immediately asked the system:

"How much money do I have left in my account?"

[13.2551 million]

You only regret not having enough money when you need it. Bianhe Semiconductor needs 4 million US dollars, which is not enough.

The investment is small, and the proportion of shares is also small. It is not appropriate to watch the opportunity slip away!

We will find a way to solve the problem of money later. For now, we have to set up an investment company to let the money of Tongcao Technology go through it.

So Cao Shen said to the system:

"Help me register an investment company, don't register it under Tongcao Technology, transfer all the money to the account of the investment company and convert it into US dollars."

[Oh, okay, I will register an offshore institution for you. ]

"Wait, let me think of a name first!" Cao Shen didn't want the system to come up with another stupid abbreviation as the company name.

[Humph! You have no chance. The name has been registered. It's called TC Capital.]

Cao Shen: "You just use all the capital letters? Can you be a little creative?"

[Not calling it WC is already good]

"Forget it, forget it. How much is it in US dollars?"

[According to the current exchange rate, the total is 1.8963 million US dollars]

[Host, what do you want to do by setting up an investment company? I'm not an investment system. I will never reveal investment secrets to you! ]

"Yeah, yeah! I know, but didn't I accidentally ruin the financing of Bianhe Semiconductor today? I feel guilty!

I humbly accept your education and plan to make up for it!

I must make up for it!

I want to invest my own money in him!

So, system, can you lend me some money?"

[Really? Cao thief, why do you suddenly have a conscience! It's hard to believe! 】

"People change. You see, I've been with you for a long time, and I have a clear sense of right and wrong, ideals, and human touch. Thanks to you, how much money can you lend me?"

[Uh, sorry, I can't lend you money, this is the rule...]

"So, you just support me to be a good person in spirit?"

[I... really can't do it]

"Forget it, forget it, I'll find a way myself!"

[Host...] The system went to face the wall.

Cao Shen began to count. It was mainly because of TT Technology's blind operation that ruined his business some time ago.

Under normal circumstances, with more than a month, he should be able to collect 4 million US dollars.

But I suddenly felt tight on hand...

It's almost the Spring Festival, and the technology deep throat has to pay wages. Although he has worked for less than a year, he still has to get a bonus.

After all, it's not easy for a startup company to be willing to work with you.

Calculating the money paid out for three months, plus other costs, it will cost about 2.5 million a month.

At least 200,000 must be reserved for that big thing.

Damn, I should have known not to buy such an expensive car! Can I return it?

Money, money, I hate not having enough money.

I hope the business of hosting and outsourcing APP production will not go wrong.

"Senior sister, please find Liu Jun's contact information and tell him that I plan to invest in him."

Cao Shen deliberately avoided exchanging mobile phone numbers with Liu Jun, mainly because he was afraid that Liu Jun, a technology geek, would ask him technical questions from time to time.

"Oh, I already have his mobile phone number. He just exchanged business cards with Mr. Liu when he helped move the car."

Zhang Beixin answered stiffly while concentrating on the steering wheel.

"Senior sister, you can do it!"

"Oh, I have something to discuss with you later. I'll take you downstairs first. Don't talk now and distract me!"

The female driver was also manic...

Suddenly I felt that my senior sister was very lucky. Parking a car could bring an investment opportunity.

Cao Shen was about to make a few more jokes, but seeing Zhang Beixin's unfriendly eyes, he quickly shut up. Safety is still the most important thing.

Finally, after a "Little Zhang Adventure", the car stopped downstairs of Cao Shen's apartment.

Zhang Beixin finally breathed a sigh of relief and turned around and said:

"You just said you want to invest in Liu Jun?"

"Oh, yes, I think Bianhe Semiconductor is good.

I have an investment company called TC Captical, which can invest in some projects."

"TC, Tech Cyber? This name is good, focusing on investing in projects in the field of technology?"

"Yes, it's Tech Cyber ​​Captical! Senior sister is right!"

"Okay, then I'll contact him first, and both parties will send an NDA (confidentiality agreement) to ask him to send you the company's business plan or something?"

"Okay, senior sister, the money of my investment company needs to be transferred back and forth for a month. Do you have a way to help me delay the payment time for about a month?" Cao Shen asked.

"No problem. For companies after round A, it usually takes about a month for investment institutions to contact the project and issue a letter of intent."

"Can we issue a letter of intent directly?"

"Oh, are you afraid that the project will be snatched away by someone else?"

"Yes, yes! There is a lot of money and few good projects these days."

"Sure, I will contact him first when I go back today and exchange NDAs. Once I receive them, I will send him a letter of intent, which will indicate a one-month exclusive lock-up period. Generally, investment institutions will require this.

After a month, spend more than a week to do due diligence or something.

Then issue the investment agreement. Generally, both parties to the investment agreement will revise the details, and with the help of lawyers in the middle to review, a week will pass.

After the investment agreement is signed, the payment can generally be made within five working days.

This will delay the whole process for nearly two months. Is that enough time?

If it is not enough, you don’t have to pay all at once. Some institutions will pay in batches. ”

“It should be enough…” Cao Shen has just come to this world not long ago, and the original owner has no knowledge reserve on the investment process. However, after listening to Zhang Beixin’s words, it seems that the investment institutions here are similar to those in the original world.

“Want to bargain? Investors usually bargain. ”

Haggle...

Yao Kun did say that if he really wanted to invest in Bianhe, he could bargain further.

But as both entrepreneurs, Cao Shen was more empathetic.

And after the system certification, Bianhe Semiconductor will be successful in the future.

Hagging the price a little bit doesn't make much sense, Cao Shen would rather have more shares.

Semiconductor companies are different from Internet companies, and the early "preparation" time is very long.

It is better to give more money, so that you can have more shares, and the company will have more development funds, so that it doesn't have to be tight.

In case there is a problem with the product, in case the next round of financing is not smooth, it is more stable to have more money in the account.

With money for development, you will not be too short-sighted and can have a longer-term plan.

"Sister, tell Liu Jun that I am sincere and hope to invest 5 million to hold 20% of the shares, so that the valuation remains unchanged and I can get more shares. ”

Cao Shen wanted to invest more money, semiconductors burn money.

But he didn’t have money, and he had to find a way to get an extra $1 million.

“Okay, I’ll discuss it with him.” Zhang Beixin nodded and continued:

“By the way, is your letter of intent for investment ordinary or do you need to add any special terms?”

“Well…” Cao Shen thought for a while: “Let’s add a veto power.”

“The other party may not agree to this, but I will try to talk to them.”

“Okay! Senior sister, you are very familiar with this process, why don’t you do business lines in Guangda?”

“I’m an assistant in Guangda, and I’m dealing with these processes all day long. Business lines need the ability to distinguish between good and bad projects, and I’m not very good at this.” Zhang Beixin smiled a little regretfully.

“It’s okay, I’ve seen more projects and summarized more experiences, and my ability has improved. "Cao Shen felt that Zhang Beixin had great potential. His networking skills and initiative were very good.

Investment requires talent, but it also requires diligence.

In fact, most people are not diligent enough to rely on talent.

"Well! I will work hard! However, I have another question about the development of Deep Throat Technology that I want to discuss with you. I have been thinking about it for a while and would like to hear your opinion."

Hmm?

Cao Shen was about to get off the car when he stopped.