If you make any more concessions, foreigners will look down upon you.

They will feel that their interests have been harmed and the matter has become an international issue, and Ruixiang's subsequent financing will be in trouble.

Ruixiang’s entire business layout needs to be expanded, especially its overseas business, and it may involve the introduction of sovereign wealth funds from multiple countries.

I can’t cut off my path to the future just for this round of financing.”

Zhang Yida's tone was firm and he would not give in even if he was beaten to death.

Several CEOs looked at each other, and finally the CEO of CPIC came out to express his position:

"Let's do this! Let's add another US$1 billion, and US$21 billion will be our final bottom line."

"Boss, let's do this! I'll sign a betting agreement with you, and we'll bet on the valuation of the next round of financing.

If the valuation of the next round of financing does not reach US$40 billion, I will transfer part of my equity to you as compensation."

Zhang Yida knew that no matter how hard he tried, he could never fool these bureaucrats.

To invest in Ruixiang or not? For them, it is not particularly important.

What do they think? They don’t seek merit, but they seek no faults.

If you invest in a sharp direction, the valuation is too high, and you lose money, you still have to bear the responsibility and make the decision.

In particular, investing in Ruixiang is not a small sum, starting from several hundred million dollars.

With such a large sum of money, what kind of problems could arise that would affect your career?

“How long will it take for the next round of financing? There is a time limit! It can’t be three to five years!

There is also equity compensation, what kind of compensation law? Let’s talk about it together!”

The CEO of ABC Investment felt that Zhang Yida's idea was quite good and asked again.

"The next round of financing is limited to within two years. If the pre-money valuation is not reached at US$40 billion, this round of financing will be based on US$21 billion.

No matter how many shares are missing, Ruixiang's management will compensate you."

The bosses stopped talking and began to weigh things up.

With this plan, they feel that the harvest can be guaranteed despite droughts and floods, and they don’t have to worry about taking risks or taking on responsibilities.

If Ruixiang's valuation exceeds US$40 billion within two years, their annual return on investment will be more than 20 points.

If it does not reach US$40 billion, Ruixiang's management will compensate them with equity and they will not suffer any loss.

As for the next round of valuation being less than US$25 billion, conventional venture capital itself has ratchet clauses. If the valuation drops, the management team will also need to make equity compensation.
Chapter completed!