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694. Mixed joys and sorrows

Regarding Yangyi Culture, in fact, before Ma Huatong contacted the other party... To be precise, it was before the other party took the initiative to contact him, but he had never heard of it. Later, it was just because the other party had made such a bold investment that he became curious and due attention to this company and even the people who founded it. However, even so, he did not get much information, or the information from Yangyi Culture itself was only a little bit.

In fact, a company that included the pre-foundation period was only a few months. To some extent, the two founders were just temporary intentions. How much information did they have to investigate? So, it was not that Ma got too little useful information, but that Yangyi Culture itself was very simple, and they did not need to investigate it deliberately.

As far as the two Penguin Empire shapedrs learned, Yangyi Culture is just an emerging enterprise in the cultural industry. It may be very special, and the popularity is relatively strong in certain fields. However, this explosiveness has nothing to do with their Tengxun, because the two have nothing to do with them. If the Internet instant messaging is also related to the cultural field, then only madmen or fools may believe this statement, at least Ma Huateng will not believe it. After entering a more detailed investigation in this era, the two learned that Yangyi Culture's current business has covered many aspects such as book publishing and distribution, animation industry, tourism and catering, online reading, etc. If the above things are vertically viewed, they do belong to the category of Chinese traditional culture, but instant messaging is impossible to get involved in any of them.

However, Yangyi Culture's business is not a big secret. When we finally learned that Yangyi Culture also had a large business department under Yangyi Network. And after Yangyi Network received the information that Yangyi attached the most, Ma Huateng and Zhang Zhidong both felt a little clear at the same time. Especially the latter, we couldn't help but subconsciously worry and worry: "Old Ma, you said that Yangyi Culture is willing to invest such a big investment in us, and its blood transfusion ability is extremely limited. In the first round of investment, it was specially stated in the contract that we cannot accept any other capital injection except Yangyi Culture. Do you think this is a conspiracy of them?"

"Conspiracy, what conspiracy?" Although they founded a career together and were like-minded friends, the two people's ideas on specific affairs were actually very different. In later generations, there were even special Internet media to conduct a detailed analysis of the two. Perhaps those reports were not direct interviews with them, so they had some meanings. However, after this report was published, a large number of those who saw the content expressed more or less agreement with the above statement. Zhang Zhidong may be familiar with the specific business aspects of Chengdu and is still on the Ma Huatong. But as for the real helmsman of the Penguin Empire, the latter is the only one, and it can only be the latter.

So although it is the same thing, the two people's views on this matter often come to different or even completely opposite views.

It’s like this time, after hearing the concerns of his old partner, Ma Huateng asked with a smile: “Why is it a conspiracy? Do you think Yangyi Culture’s investment is actually malicious. What they really want to do is to annex our Tengxun Company or something?”

"There is that capital in this world. It is true kindness and is truly loved by those entrepreneurs? No one can do this. Even if it is known as the most humane soft voice in the industry, it may not be a good person. The father of Internet investment is more concerned about the methods and methods of acting because of the influence of Eastern culture, so he only gives the outside world an impression. But in fact, if the party who accepts the investor cannot bring them enough returns or does not accept their control, the consequences will definitely be completely different." Zhang Zhidong nodded, obviously he has no good feelings for those invested capitals: "Even if it is Lao Ma, don't you have this view? You may have to give up on the false before accepting the investment, but you don't mean to be disgusted with that kind of vampire?"

"Why did I feel like I have that kind of illusion... I picked up a bowl and ate and put down my chopsticks to curse my mother?" Ma Huateng laughed twice with a self-deprecating smile, and then said cautiously: "But it is exactly the opposite of your view of Yangyi Culture. I think they are optimistic about us and have no ambition to break through our bottom line."

"How to say it?" Zhang Zhidong has always been convinced of his old friend's views on the general trend of the industry.

"If there is really an unspeakable purpose, why should they invest in us? Just open a price to buy what we are trying on now, and everything will be solved soon? According to what I learned before, although their business is still in the traditional cultural industry, the Yangyi Network Business Department is the most optimistic department of the small shareholder, and it has also proved its optimism with practical actions. And what it is developing is relatively advanced search engine services in the Internet field. With such human resources, do you think they will be troubled by a small instant messaging software? Taking out one or two million to establish a project is enough to develop software that meets the most basic communication needs. Continuing to invest about 500 to 8 million yuan will allow their communication software to gain a foothold in the market and surpass us."

Speaking of this, Ma Huateng paused for a moment, and then added: "I mean surpassing Teng Xun, who has not received capital injection."

"So for such a company that is as insignificant as a little ant compared to other limelight, but compared with Tengxun before, it is a huge player, needs to calculate us?"

"But what do you mean by PCCW? They are even companies in the telecommunications field, and there are some venture capital properties. Didn't they also like our software?" Zhang Zhidong was a little confused. He was not dissatisfied with the idea. During the years of cooperation, the two of them also knew each other very well. So in this kind of major event that concerns the company's future, no one can act on their own by their loyalty. Zhang Zhidong asked this now. It's really just because he doesn't understand.

"You have heard that, PCCW. I originally planned to give up on us, but because the first investment amount of 800,000 US dollars was too high, they only planned to give out 500,000. If Yangyi Culture hadn't been intercepted, they might have put forward the subsequent offer? Of course, if Yangyi Culture hadn't been intercepted, maybe I had agreed to the investment price of 500,000 US dollars. These are not clear, so I can only say that my fate is unpredictable." Ma Huateng sighed: "So from the beginning, the attitudes of both of them towards us and towards this investment are different."

Hearing this, Zhang Zhidong also came back to some taste and added: "What you mean is that PCCW is just like many investors, but it is not the kind of confidence to buy and leave. So it is best to take out a sum of money and win if you lose. Yangyi Culture is not a professional venture capital institution, but it comes directly to show great sincerity because it is sincerely optimistic about us?"

"That's what it means. Otherwise, why do they have to squeeze out more than five million when they do not accept any risk capital injection and their current revenue and expenditure can only maintain the most basic micro-profit situation? For them, especially the Yangyi Network, can support more than two more months of funds for investment in our investment?" Ma Huatiao smiled slightly with a frown: "Look, isn't this optimistic about what we are? And at the same time, they did not make any acquisition requirements. They didn't even have a slight idea of ​​similar ideas. Are they not a good investor?"

"I can't say this, I can't say it. It's like you are interested in, not our Tengxun Company or instant messaging software." Zhang Zhidong couldn't help but smile bitterly, and his eyes looked at Ma Huatiao with two teasing words.

"Your statement is a bit meaningful, and I think it's basically the case. But one thing is that I want to correct the following two people who like them, not any of us." Ma Huatiao laughed, and then his brows couldn't help frowning even more: "Of course, this kind of investor is good and bad for us. They appreciate and favor us. This situation is a very good situation for you and me, but the problem is that the other party is not a professional investment institution. If we need a second round of financing in the future and they can't afford to pay, that's a problem."

"The contract is not specified. If we cannot prepare enough funds when needed, then the terms that do not allow third parties to enter can be changed as appropriate." Zhang Zhidong was a little puzzled and looked at his partner and hoped that he would explain.

"It is indeed allowed to change, but the problem lies here. At that time, I also saw that they were willing to let go of this clause, so when I was happy, I forgot to make clear conditions, such as what is necessary, and what to change as appropriate, which leaves a lot of room for operation, and just one can be changed, and when I saw it, I inevitably had some disputes."

"Forget it, what do you think about so much? There must be a road before the car arrives at the mountain. Those investors who do not need to worry about the second round of financing, we have to worry that the other party can easily take out the financing, which will further dilute our shares in the company and affect our decision-making power over the company."

Zhang Zhidong patted the other party on the shoulder. Faced with this situation, his decision was far less than that of Ma Huatuan, so he could only try his best to make himself and make his partner feel more at ease: "How can there be perfect in this world? You can only choose a path that looks relatively less unacceptable."
Chapter completed!
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