Kevinson must have come here with sincerity when he came to Changzhi this time.
As one of the largest investment companies in the world, idg is also the oldest venture capital institution in the United States.
They have many classic investment cases.
Investing in Penguins at their most difficult time is one of them.
When Changtian Technology encountered financial difficulties in its development, idg offered an olive branch to Changtian Technology, which was also hailed as a classic case by the western capital circles and recorded in textbooks.
idg certainly knows what the difficulties Changtian Technology is currently facing, and he will also give his own solutions.
Chen Xiao smiled and took a sip of tea.
His voice was very calm and gentle.
"Appreciate further details."
In Changzezhou in spring, the temperature is not too high.
But Chen Xiao likes to breathe fresh air, so the north and south ventilation windows of the office are all open.
But at this moment, whether it is Chen Xiao's senior management of Changtian Technology or the idg team, no one feels the slightest chill, and there is still some slight sweating behind their backs.
This is a testament to the tension in the negotiations.
The idg team is really eager to make this deal.
Kevinson took a deep breath and nodded to his assistant.
Zhuozhu immediately took out a document that was not too thick from the briefcase.
This is idg's plan.
Of course, the specific content of the plan must be far more than a few pages.
It was only during the negotiations that Kevinson's team condensed it down to a few pages of bullet points.
Chen Xiao didn't look at the specific plan, but handed the plan to Wang Xiang next to him.
Kevinson came here this time to express enough respect for Changtian Technology.
So in the contract, it is bilingual in Chinese and English.
Wang Xiang just read the first page of the contract, and his face changed instantly.
Kevinson explained to Chen Xiao: "Mr. Chen, I don't know if you have dealt with the US market in the past."
"In key areas, namely energy, technology and finance, although the US market will publicize that they are fair competition and open to the public, there are actually many invisible barriers."
Chen Xiao was very touched by what Kevinson said.
Of course, the United States will announce to the world that they are the freest and fairest market in the world, and they also welcome global investors to invest and products from all over the world to come to the United States.
The reason why the United States says this is not because they are so free or equal.
Rather, the United States has absolute technological confidence. He knows that after overseas products or technologies come to the United States, they will not be able to compete with local capital and technology.
However, whenever a company's products (mainly technology products) appear, whose technological content exceeds that of local companies in the United States, all the so-called fairness and freedom mentioned by the United States will be invalidated.
He saw Chen Xiao frowned slightly, and knew that Chen Xiao understood him very well. What did he mean by saying that?
Kevinson added: "Currently your company is facing certain difficulties. The US technology industry is already taking measures to make it difficult for your company's hardware products to enter the US market."
"I think this is only the first step, and it is very likely that there will be more tough measures later."
"Mr. Chen." Kevinson also took a sip of tea and said, "Currently, Changtian Technology's hardware partners are mainly Apple and HTC."
"There is no need to talk about Apple. It is a technology company in the United States, and its main market is also in the United States."
"So Apple and Jobs will definitely abide by some domestic agreements in the United States."
"They will not take any risks and lose the market in the United States."
"If the measures are a little tougher, Apple is likely to compromise."
Although Kevinson handed over the agreement to Chen Xiao as soon as he came up, he didn't just talk about the content of the plan, but analyzed with Chen Xiao why Changtian Technology needed this plan.
Kevinson said: "Although htc is a company in the Wanwan area of ??Xiaguo, the capital and market behind it are also in the United States."
"So I predict that there is no need to increase any pressure on the other side of the ocean, and htc will definitely compromise before Apple."
"By that time, Changtian Technology's hardware will definitely not be able to enter the US market."
"The U.S. market isEarn money.
And Chen Xiao's financing method at the beginning was completely different from the common start-up companies on the market, and also guaranteed the company's equity to the maximum extent.
It can be said that all the shares of Changtian Technology (except for the two listed subsidiaries) are in Chen Xiao's personal hands.
Although the senior executives of Changtian Technology own certain stocks, these stocks are only stocks in the option pool of the subsidiary, and they are only class B shares with dividend rights, not class A shares with decision rights.
The capital fund of Changtian Technology is completely different from the capital fund that Wall Street likes.
This is the reason why Changtian Technology's hardware is extremely powerful, and the customers Apple and HTC Motorola like it very much, but they are not seen by Wall Street after all.
Kevinson said: "The plan I gave is calculated based on Wall Street's current valuation of Changtian Technology. Our valuation is 1 trillion dollars."
"My suggestion is that Changtian Technology will take at least 40% of the equity."
"For detailed data, we will have a detailed assessment. My personal suggestion is to take out no less than 40% of the equity. Of course, if you can take out more than 50% of the equity financing, it would be great."
"Of course in return, we will help Changtian Technology get listed on Nasdaq."
40% stake.
If there is no premium, the amount involved is also 400 billion yuan.
With such terrible funds, idg alone will definitely not be able to afford it.
idg will turn into a capital broker, attract some Wall Street capital that has a good relationship with him, and try his best to buy this part of Changtian Technology's stock.
Kevinson added: "Mr. Chen, if Changtian Technology is listed on NASDAQ in the name of the overall group, you, as the founder and shareholder, can cash out very reasonably."
"The benefits you can get are not just as simple as a few billion meters."
"And as long as Changtian Technology's genes (equity structure) are reorganized, you will be welcomed by Wall Street and American capital."
"Not only the hardware products of Changtian Technology, but also your company's Yinghuo operating system, and even some revolutionary products in the future, can be sold unimpeded in the American and European markets."
Kevinson spent almost an hour explaining to Chen Xiao the reason why he made this plan and the specific content of the plan.
After he finished speaking, he smiled and looked at Chen Xiao.
Chen Xiao was able to get to where he is today because of his excellence.
Kevinson believed that Chen Xiao was also a very smart person.
In the face of personal gains and losses in enterprise development and the so-called feelings, you will definitely make the most correct choice.
In the eyes of capital.
The least valuable thing is the so-called feelings.
The least valuable thing is also the so-called nationality.
Capital is the least emotional.
You talk about the country and emotions in front of capital, which will make those capitalists on Wall Street feel ridiculous.
Kevinson's remarks are quite correct.
Each one hits the point.
This is the reason why countless Xiaguo companies, especially Xiaguo's Internet and technology companies, are scrambling to get listed in the United States.
But Chen Xiao thinks he is not an ordinary person.
He was born again.
It is very clear in my heart that the initiative of a country's science and technology is much more important than the so-called capital and profits.
From the moment Changtian Technology was born, it was doomed not to be an ordinary Internet or technology company.
It is a scientific research enterprise responsible for the development and progress of Xiaguo's science and technology.
Chen Xiao has said it at high-level meetings more than once.
Changtian Technology is a scientific research company first, and a commercial company second.
The company's commercial activities serve scientific research.
In other words, the money earned by the company is used for scientific research and to help the country break through high-end technology.
The value of Changtian Technology is not financing or making money, but scientific breakthroughs.
Height determines vision.
Kevinson didn't stand at Chen Xiao's height, so he couldn't understand Chen Xiao's thoughts.
Wang Xiang handed over to Chen Xiao the investment plan that he had reviewed repeatedly.
Who knows that Chen Xiao still didn't read it.
Chen Xiao put the plan aside with a smile and said, "Mr. Kevinson."
"Longsky Technology is very eager to share our advanced products with people all over the world."
After Chen Xiao said this, Kevinson felt a little excited in his heart.
He felt that it was worthwhile for him to say it this time, and the cooperation was about to succeed.
Who knows that Chen Xiao changed his style again and said: "But it's a pity, if consumers all over the world can't appreciate the advanced products of Changtian Technology because of their country's policies, we can only feel sorry and sorry for them. "
Chen Xiao finally said to Kevinson: "Changtian Technology does have a valuation, but Wall Street can't afford it, and I don't bother to sell it."Hope to share our advanced products with people all over the world. "
After Chen Xiao said this, Kevinson felt a little excited in his heart.
He felt that it was worthwhile for him to say it this time, and the cooperation was about to succeed.
Who knows that Chen Xiao changed his style again and said: "But it's a pity, if consumers all over the world can't appreciate the advanced products of Changtian Technology because of their country's policies, we can only feel sorry and sorry for them. "
Chen Xiao finally said to Kevinson: "Changtian Technology does have a valuation, but Wall Street can't afford it, and I don't even bother to sell it."