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Chapter 352(1/2)

Even more powerful than a tiger

In the afternoon, Hu Yang received a call from Yang Chenglin, saying that he wanted to meet and talk.

Hu Yang still met Yang Chenglin in the hotel cafe.

"Mr. Hu, after I went back last time, I talked with the two co-founders. I won't go into the specific details. Now we have put forward the latest conditions. The three of us hope to retain 20% of the shares and

A seat on the company's future board of directors."

Yang Chenglin and the three others do not have the same opinions, and this condition is the result of mutual compromise between them.

"Director Yang, other conditions are easy to negotiate, but the shares are not negotiable. In this way, I can leave you 5% of the shares, and the other two founders each have 2.5% of the shares."

Hu Yang flatly rejected the other party's condition of retaining 20% ​​of the equity and would not give them a board seat. He would rather pay more in cash.

"Mr. Hu, the conditions you gave us are far from our expectations. If you only leave us this small share, I don't think my partners will agree."

Yang Chenglin gritted his teeth and wanted to work harder. He was quite satisfied with the conditions offered to him by Hu Yang, but the other two co-founders each only had 2.5% of the equity, and it would be difficult for him to explain it after he returned.

"Dr. Yang, you know Ripper's situation better than I do. I might as well open up the skylight and speak out. How long can you last if you can't get investment? Three months? Half a year? I'm actually just interested in you as a person, and

Not interested in your company."

Hu Yang’s words are half true and half false, but they also explain well why the equity given to the three co-founders is inconsistent.

Yang Chenglin smiled bitterly and understood that Hu Yang was right. It would be difficult for the company to persist for more than half a year.

"Anyway, thank you Mr. Hu for your consideration. I will try my best to convince them both. As for the purchase price, I hope you will make a quotation."

Yang Chenglin didn't say the price in his heart. He had already made conditions for the equity, so it was best to let the other party come up with the price.

"It's easy to talk about the quotation. I think we will come up with a price that satisfies everyone. Dr. Yang, I won't hide it from you. If I can successfully acquire Ripper, my performance will be guaranteed. The specific situation will be waiting for you.

We’ll talk about it later, I just want to give you an explanation first.”

Yang Chenglin didn't know the situation of Hu Yang's domestic holdings and equity participation, but he could guess some of it. Therefore, Hu Yang's words hit his weak spot.

When he started his business as Ripper Company, Yang Chenglin was also very ambitious. But the reality is very cruel. With the technical strength and market competitiveness of Ripper Company, it is really not an ordinary difficulty to develop and grow.

Yang Chenglin was very tempted, but the company did not belong to him alone. He had to discuss it with his partners.

Afterwards, he didn't stay long. After coming out of the hotel, he drove back to the company.

When the company was started, the conditions in all aspects were not very good, and the office location was chosen in a relatively remote and dilapidated office building.

When Yang Chenglin and the two co-founders of Liangwai finished talking about today's meeting, they were very unhappy.

"Yang, does that Mr. Hu you are talking about look down on us? I'm not concerned that you have more shares than me, but what he did is very hurtful."

"Hey, it sounds like it's good that they can leave us some shares. According to our current situation, if we delay it any longer, we might not be able to sell it for even one dollar. By the way, Yang, the purchase price offered by the other party is

How many?"

The situation was stronger than the people. No matter how unconvinced the two co-founders were, they could just complain. In the end, they still did not have the courage to refuse Hu Yang's acquisition.

"The purchase price hasn't been announced yet. If everyone doesn't object to the equity arrangement, I can ask Mr. Hu to make an offer now."

Yang Chenglin sighed. The acquisition by the other party was basically a foregone conclusion. The only thing he could still fight for was the acquisition price.

"Yang, let's forget it today. If we act too aggressively, others might take the opportunity to lower the price."

Several people sat in the office worrying about the gains and losses, and finally decided to ask Yang Chenglin to discuss it tomorrow.

Hu Yang was much more relaxed. After Yang Chenglin left the hotel, he knew that the acquisition of Ruipo should be successful.

The next day, Yang Chenglin called in the morning and made an appointment with Hu Yang to meet.

"Dr. Yang, let's go to your company to talk today. I'll leave in an hour."

When he went to Ruipo Company today, Hu Yang seemed more formal. Not only did he bring Shao Qing and Lin Yan with him, he also specially called Director Yu of the research institute.

Because Riper had just been founded and did not have any amazing core technologies, Hu Yang considered directly using the name of Charming Technology Chip Design Company to make the acquisition.

"Mr. Hu, I have brought two people with relatively strong technical ability from the research institute. If there are specific technical issues involved, the three of us can give clear opinions on site."

Director Yu was very well prepared and even considered this issue.

Hu Yang smiled and nodded in greeting, which was a silent compliment. He felt that Director Yu's ability was much stronger than he thought.

When they arrived at Ripper Company, Yang Chenglin and the other three co-founders had been waiting downstairs for almost twenty minutes.

"Mr. Hu, everyone, welcome to Ripper Company."

Yang Chenglin introduced Hu Yang to his partners, and then the two parties briefly introduced each other and went upstairs together.

"Yang, there are a lot of people here today, let's just go to the conference room directly."

Riper Company did not expect that Populus euphratica would mobilize so many people to come. Originally, they prepared a small reception room for Yang Chenglin to talk to him alone.

Yang Chenglin nodded and led everyone to the conference room.

"Dr. Yang, everyone, today, on behalf of Charming Technology Chip Design Company, I formally send you an acquisition proposal... We will invest US$2.1 million to acquire 90% of the equity of Ripper."

As soon as Hu Yang sat down, he went straight to the point and gave a clear purchase price.

Here, Hu Yang also specifically said that 5% of the shares will be left to Yang Chenglin, and the two co-founders will each have 2.5% of the shares.

Of course, from the moment the contract is signed, all assets of Ripper (including but not limited to various technologies, patents, brands and other assets) belong to Charming Technology Chip Design Company.

After Hu Yang finished speaking, Yang Chenglin and others did not recover for a long time.

This bid greatly exceeded their expectations. When the company was founded, the three people invested a total of US$500,000, and now, the company has less than US$200,000 left in its account.

They had discussed before that as long as the other party's bid was higher than US$1 million, they would agree to be acquired.

"Of course, I also have some small requirements. Dr. Yang and the two co-founders must commit to serving the new company for a certain number of years. Dr. Yang must have served the company for 7 years, and the other two must have served the company for 5 years.

, you can resign only after resigning. After resigning, the non-competition period will be one year. As for the salary package in the new company, you can rest assured."

The reason why Populus euphratica raised the purchase price was because of this condition.

Yang Chenglin exchanged a few words with the two partners in a low voice and agreed happily. Just kidding, the Ripper Company, which is about to go bankrupt, can sell it at such a price. Why should there be any dissatisfaction?

The job requirements actually don't matter. These three people all have technical backgrounds. As long as the salary is appropriate, where do they do things differently?

The failure of this entrepreneurial venture was a blow to all three of them. It may take a long time to restore confidence.

"Mr. Hu, my partners and I are honored to be under your banner. I am here to express my opinion that the three of us will do our best to serve the company in the future."

The two parties reached an agreement, and Yang Chenglin and others quickly changed their mentality and began to regard Hu Yang as their boss.

In the afternoon, under the witness of lawyers from both parties, Charming Technology Chip Design Company and Ripper Company signed an acquisition agreement.

The acquisition payment will be received within 72 hours. After the acquisition is completed, the company's registered capital will be changed to US$10 million.

"Director Yu, I am considering that Ripper will absorb and merge your research institute through an acquisition. I will suggest that you be the CEO of Ripper, and Dr. Yang will be your deputy."

It was said to be a suggestion, but in fact it was tantamount to a decision. Hu Yang then only needed to tell Yan Hanzhang.

Yesterday, Hu Yang had called Yan Hanzhang, and Yan Hanzhang would fly to the United States in the next two days to handle the various matters related to the acquisition of Ripper Company.

Director Yu and others were left behind, and Hu Yang took Lin Yan, Shao Qing and the others and left the Ripper Company.

"Mr. Hu, congratulations on your successful acquisition of Ripper. Our chip design company is definitely more powerful than ever. So where are we going to go next?"

Lin Yan also didn't expect Hu Yang's acquisition of Ruipo to be so smooth. So there was a gap in her itinerary.

Hu Yang came to the United States this time. On the one hand, he wanted to inspect Huijia Venture Capital and other companies. On the other hand, it was mainly about the acquisition of Ripper.

Now, these two goals have been achieved, so Lin Yan asked this question.

"Everything is done, of course we are going back. It's rare that you still want to stay here and smell the sweet air of America?"

Hu Yang was in a good mood and casually told Lin Yan a joke.

It's a pity that Lin Yan didn't know about this. She took a breath seriously and said: "I didn't notice the sweet smell in the air. Boss, you must be fooling me."

"Haha, if you say no, then you won't. Assistant Lin, let's arrange the route. Let's go back to the deep sea. Mr. Yan will come over and handle the rest of the matters here."

It is impossible for Hu Yang to participate in specific affairs. Now that the agreement has been signed, he can naturally return to China.

Two days later, Yan Hanzhang arrived in San Francisco. At the same time, Populus euphratica returned to the deep sea,

"Brother Hu, you are going to the United States very quickly this time. Why don't you stay there for a few more days?"

Chen Jialin hadn't seen Hu Yang for a long time. He specially arranged a dinner that day and invited Liu Jia and Tian Sichun to attend.

"Last time I went to the United States, I visited many places, but this time I was too lazy to go around. Mr. Chen, how are you doing at Nishite Technology recently?"

With Chen Jialin here, Hu Yang rarely asked about the affairs of Nishite Technology, so I just asked in passing today.

"Original Stone Technology's orders are still fully booked. Thanks to us building a second production base, otherwise production would definitely be affected."

At present, the company's PHS OEM business is basically stable, but its mobile phone OEM business is showing an upward trend month by month. Coupled with some other consumer electronics products, Nishite Technology has no worries about orders.

Then, Hu Yang asked Tian Sichun and Liu Jia about their studies at Shenhai University, and both of them said they were doing well.

Tian Sichun likes foreign languages, so he chose English major. Liu Jia chose business management major.

Liu Jia's cafe and Tian Sichun's dessert shop are still in operation, and they have hired managers to avoid confusion at both ends.

"A Yang, the study tasks this semester are very heavy, and I don't dare to miss classes casually. When the winter vacation comes, you can take us to see the snow, okay?"

Tian Sichun wanted to go to Xijiang, and Liu Jia and Chen Jialin also wanted to go, so they made an appointment to go skiing in Xijiang after the winter vacation.
To be continued...
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