"KPCB Venture Capital is willing to invest in Meituan with Sequoia Investment," Douglas said. Although Mark Kwam held the cusp this time, if the two venture capital institutions join forces, they can indeed share the risks. "But this time, KPCB Venture Capital will get Meituan's board of directors' right to make decisions!"

At such a big price, Douglas naturally wants to get something. For a long time, KPCB has invested in the industries under Chuke Technology, but it is actually just an investment, but has never obtained the right to make a decision. This time Douglas wants to go further.

Chen Chu looked at Douglas. Even if Meituan reaches the level of Oriental Network in the future, it will not have much impact on Chuke Technology. For example, on Dongfang.com, although Chen Chu and Chuke Technology are nominally the largest shareholder, they have sold a lot of their equity in succession to cash out. Now they hold less than 40% of the equity in Oriental Network.

In addition, Cao Guowei, Qin Changqing and others have equity, and they can get more than 50% of the decision-making power, but this is enough for Chen Chu and Chuke Technology to have absolutely controlling stake in Oriental. After all, except for some of the equity in the hands of institutions, the rest are in the hands of investors of all sizes around the world.

However, today Douglas suddenly mentioned this, which made Chen Chu look at him more. Although KPCB venture capital cannot affect Chuke's technology now, Sina's example is right in front of him!

Seeing Chen Chu's eyes, Douglas's heart suddenly jumped and said to Chen Chu, "Chen, KPCB venture capital, will never interfere with Chuke Technology and its industries. We are just to cooperate better with Chuke Technology and Meituan, etc.."

Chen Chu is different from the founders of the industry that KPCB venture capital invested in in the past. Like in the past, KPCB venture capital basically made trouble and made the founders leave sadly, but when it comes to Chen Chu, KPCB venture capital did not dare to move around.

On the one hand, Chuke's technology industry is really important, and Chen Chu has the ability to turn the tables. On the other hand, Chen Chu is not only willing to cooperate with them, but is willing to use their resources and funds, but is also very vigilant and does not give them the opportunity to interfere in Chuke's technology.

For example, when Oriental.com went public, Chen Chu distributed the equity of Oriental.com to multiple institutions, and no one could dominate, threatening Chuke Technology's management rights.

But KPCB Venture Capital is really worried. Just like this time, KPCB Venture Capital has no say at all. No one can feel comfortable watching the cabbage that has finally grown and is urged by another pig.

Therefore, if KPCB wants to increase its voice within Chuke Technology, if someone wants to share the pie in the future, they can also object!

Chen Chude's eyes swept over Douglas. Mark Kwam, who was beside him, originally wanted to speak, and he didn't want to see anyone competing with them for Chuke's technology industry again, but when he saw Chen Chude's eyes, he closed his mouth again.

Chen Chu suddenly laughed, which made the slightly solidified atmosphere finally relax. Looking at Douglas, Chen Chu said, "Of course, KPCB Venture Capital has invested in so many industries in Chuke Technology, so it will naturally be able to enter the board of directors!"

"KPCB Ventures can enter Meituan's board of directors, but I also have two small conditions. I also hope that Director Douglas can agree!" Chen Chu said.

Douglas, who had just breathed a sigh of relief, raised his heart again. The old fox Douglas felt that when he was facing Chen Chu, he suddenly started to feel pressure. When he went to those investment companies in the past, they were all founders and management of those companies. They were afraid to see him, but when they arrived at Chen Chu, they turned around.

"Chan, please tell me!" Douglas could only say with a tough bullet.

Chen Chu nodded, picked up the wine glass and took a sip, "In the future, when KPCB venture capital, or Sequoia Investment, wants to withdraw from Meituan, the equity held must be repurchased to Chuke Technology!"

"The second article, KPCB venture capital and Sequoia Investment enjoy the priority investment rights of Meituan. When Meituan needs funds in the future, KPCB venture capital should continue to support Meituan, or Chuke Technology will find new investors for Meituan!"

When he heard Chen Chu's words, Douglas and Mark Kwam were a little surprised and wondered what Chen Chu's words meant.

The first one is naturally simple, that is, if they withdraw from Meituan one day, their equity can only be repurchased to Chuke Technology. Although this is a bit pitfall, Douglas is familiar with Chen Chude's style and knows that this is what Chen Chu always did.

The second article, however, is said. Chen Chu agreed to KPCB venture capital join the board of directors of Meituan, and also has the right to make decisions and has obtained priority investment rights. But at the same time, he also dug a hole for them. If Meituan needs money in the future, the two venture capital investors are unwilling to continue investing.

Chuke Technology can use the first agreement to repurchase their equity, or sell the equity they get and sell it to a new investor. It seems that Chen Chu is "exhausting" to prevent them from getting hurt!

But Mark Kwam and Douglas always felt that something was wrong, but they couldn't say it.

He looked at the two of them. Since Douglas, the old fox, had a good plan, Chen Chu would satisfy him. No one could tell how much Meituan would cost in the future, but it was definitely not a small amount.

Chen Chu is now "considering" KPCB venture capital and Sequoia Investment. If they cannot tolerate Meituan's losses in the future and are unwilling to continue investing, then there is a saying that the Meituan equity they hold will either be repurchased to Chuke Technology or sold to a third-party investment institution by Chuke Technology. As for how much it costs to sell and whether it is enough for the two venture capital institutions to recover their capital, it is unknown.

Sooner or later, they will have to pay back. They can't let them take advantage of the venture capital, and always give various harsh investment conditions. This time, Chen Chu has to do the opposite and set some investment conditions for KPCB venture capital. If you want to invest in Meituan, you have to accept these conditions!

Douglas and Mark Kwam could all feel that Chen Chu had offered a sky-high price, and seemed to have dug a "pit" for them, but they couldn't say anything. Today, they begged Chen Chu to invest in Meituan, rather than Chen Chu begging them.

Douglas and the others believed that it would not be so easy for them to come in today as long as they leave this door and want to come in. They are unwilling to invest in Meituan, and some investment institutions are willing to "take risks"!

Although Goldman Sachs, SoftBank, DST Consortium, Citi, etc. seem to be on the side of Lashou.com, as long as Meituan opens to these investment institutions, the above institutions may come in an instant.

Even if Lashou.com has great potential, compared with the "Chuke Group" background, Meituan invested by Chen Chu is far behind. Those investment institutions are not blind. Although they say that Lashou.com will be a banner in the group buying market, only they know who they think will win.

Do you think that Lashou.com, which is a grassroots background, can win a world, and will become a giant in the future, or will it be a halo of Chuke's technical background, and Meituan, which has not yet been defeated, is it better to have the skills of Chuke's technical support? I'm afraid those investment institutions will feel a little guilty if they win to death.

In the field of domestic Internet and technology, Chuke Technology has become a real giant, and it has a big fight with such giants in the domestic market. Even investment giants like Goldman Sachs are probably not so confident.

As long as Meituan is willing to accept investment from Goldman Sachs, SoftBank and other institutions, they are afraid that those institutions that invest in Lashou.com will change in hopes of change and will arrive at Meituan in an instant.

Moreover, even if you invest in Meituan, you really lose. For institutions such as Goldman Sachs, SoftBank, etc., it is not nothing. If you can use Meituan to get an entry ticket to invest in Chuke's technology industry, then it will be a big profit no matter how you are.

Meituan is just an introduction. If you can use Meituan to get the opportunity to invest in Facebook, Renren, SG Games, Daewoo Games, Onyx Technology, etc., then you probably would have lost your teeth if you are laughing at them. It would be a huge profit!

Thinking of this, Douglas, who has always been sophisticated, suddenly felt that there was no way out this time. Douglas wanted to slap himself twice. This time, he must have been confused by Mark Kwam, the mortal enemy. He mentioned the right to make a board decision to Chen Chu, and now he is trapped inside.

Mark Kwam on the side was not much better. When he looked at the old fox with a wrong look, he was just a disaster, but he didn't think about the right to make a decision, and he was also implicated.

Seeing the look of the two, Chen Chu felt that he needed to add a boost to the two and help them make a decision. "In a few months, Meituan will undergo tremendous changes, and even the entire group buying market will undergo tremendous changes. I can guarantee that Meituan's number of users and revenue will increase by at least more than double!"

In a few months, Onyx brand smartphones will appear, Meituan’s app will appear on the good Onyx smartphones, and the group buying business will also enter the hands of countless people. The entire Meituan business will naturally usher in explosive growth.

Listening to Chen Chu's words, Douglas and Mark Kwam became more and more surprised. Investing in Meituan seemed to be a trap, but if you don't invest, you would have missed an opportunity from an industry giant, making it more difficult for the two to make a decision for a while.

In the end, Mark Kwam gritted his teeth. Even if it was a loss, Sequoia Investment recognized it. In the Asian domestic Internet investment market, if it does not cooperate with Chuke's technical team, that would be the biggest loss!

"Sequoia Investment is willing to invest in Jin Meituan. I believe that this will be a new beginning for Sequoia Investment and Chuke technology!" said Mark Kwam.

Seeing Chen Chu's eyes turned to him, Douglas could only speak, "KPCB venture capital has made the same decision."

After a long time of busyness, Douglas and Mark Kwam walked out of Chuko Technology after signing the agreement. At this time, it was already dark outside. The two of them walked towards a small cafe on Chuko Technology's back street in a tacit understanding.
Chapter completed!