The conference room of Parkson Technology Company’s Shanghai office building.
Qian Jincai walked into the conference room with a document on his mobile phone. Many Parkson Technology executives who had already entered the conference room stood up to say hello.
"Mr. Qian."
"Money is always good."
"Mr. Qian."
Qian Jincai kept nodding meaningfully in response to the greetings from his old friends, then sat on the main seat and spread out the documents in his hands in front of him, and the entire conference room fell silent instantly.
Qian Jincai cleared his throat and said, "Let's have a meeting now. Well... Bigfoot already knows the theme of today's meeting. Let's share your opinions."
After Qian Jincai's words fell, the conference room suddenly became even quieter than before. Many senior executives seemed to have entered a state of trance by looking at their noses, noses, and minds.
Many company executives had hesitant looks on their faces, but no one spoke for a while. Finally, they sat on the left side of Qian Jincai and spoke to a somewhat balding middle-aged man, "Mr. Qian, this investment agreement has been completed." Sign, is that MM still MM?"
The conference room was eerily quiet, and many people seemed to hear his breathing. Qian Jincai looked at his right-hand man with a stiff face for a moment.
Then a forced smile appeared on his face, "Mr. Li's MM will always be MM, and Parkson will always be Parkson. The other party only took the shares, but it did not fully accept the operation and management rights. We still have the final say in company decisions." .”
Qian Jincai's words made many companies continue to look tense. Although he said this, the contract was indeed signed this way. But no one here is a fool.
It is clear that if Parkson really makes money in the future, then the so-called major shareholders who have taken away more than 91.3% of the shares will be damned if they have no idea about their management.
After all, capital is greedy, not to mention that once Parkson succeeds, it will not be an ordinary company. It will be another company after Shengda and Parkson that can create the myth of the richest man.
Although the shares held by the management at that time were very few, this could not stop the greedy fangs of capital. If capital would let go of such fat, it would not be capital.
Seeing that the atmosphere in the conference room was still solemn, Qian Jincai adjusted his sitting posture and leaned on the back of his chair, tapping his fingers slowly on the table a few times.
“We are embarking on this path now because we have no choice, because apart from us, CC is also in contact with other capitals, so we should hurry up sooner rather than later.
At the same time, no one in the capital is a fool. It is impossible to think that China’s Internet has hatched two golden chickens and look at MM with admiration.
Capital is much smarter than we imagined. Now MM’s income is indeed good, and its user base is several million larger. But as long as YY is weighing on its head, no capital is willing to invest in a company that will die sooner or later.
Therefore, we can only give up most of the company's shares and enter the international market as soon as possible, so that we can turn around with the help of the stock market. Otherwise, with MM's current slow death rhythm, the shares in our hands will be worthless in the end. "
Several Parkson Technology executives opened their mouths to say something, but in the end the words they wanted to say turned into sighs.
Without enough beneficial capital, Parkson will not be financed, let alone help Parkson go abroad and list on the US market. If their appetite cannot be satisfied, perhaps these capitals will choose YY with more stringent conditions for cooperation.
Because this kind of investment, anyone who is not mentally retarded knows that this is a sure-profit deal, just because you can get more benefits from MM or CC.
Even in the end, not only buying a golden egg, but even the golden chicken that laid the egg can be picked up and taken away. Only then will those capital leave Rising Sun Technology alone and choose to invest in CC or MM.
At the same time, the current situation is that if YY cannot go abroad in advance before its harsh conditions are accepted by Western capital, there will only be a dead end for MM.
Nowadays, MM in China seems to have high-level support. It imitates YY and still makes hundreds of millions in revenue every year. It seems to be very profitable, and it is three-thirds of the world with CC and YY.
But my own family knows their own affairs. The so-called three-cent world is just trying to put money in their own faces. The real situation is that the YY family is the only one, and the other two families are hiding in the corner and trembling.
The current situation of MM and CC in China is like prisoners being locked up in a cell and being tortured, with sheets of paper soaked in water taped to their faces.
They can only use their mentality of wanting to balance, stretch out their tongues to lick holes in the paper on their faces one by one, and then take a breath.
But as YY develops faster and faster, and has begun to build the prototype of a business empire, the paper covering the faces of MM and CC is getting thicker and thicker. Their tongues are no longer long enough, and death is only a matter of time.
Faced with such torture, who wouldn't want to struggle if there was a hope of survival?
What's more, this hope of survival still has the chance to sing as a freed serf. If you don't hold on to it tightly, what are you waiting for? Do you want to wait until it cools down?
"It's all YY's fault. If he hadn't pushed too hard, how could we have made such a choice?"
"It's just YY's fault. In such a large domestic market, one company has to dominate it and not give other peers room to survive."
"It's all YY's fault, and we are forced to have no choice."
This is the excuse that many Parkson executives use to compromise. Although this excuse is very shameless, they can't find any other excuse to comfort themselves except this excuse.
"Mr. Qian, when we sign this financing agreement, we are going abroad. We may even be listed in the United States, but here in China...especially those lawsuits..."
Someone spoke, and the atmosphere in the conference room, which had found an excuse to be more relaxed, suddenly became more solemn.
Why are the above cases delaying YY's lawsuit against MM and CC for plagiarism?
Isn't it because they feel that neither MM nor CC can compete with YY together, so they can only sideline and hope that the industry can have a competitive atmosphere and prevent YY from monopolizing it?
If they dared to sign such an agreement with foreign capital that almost sold off all their property, the people above who were helping them with Xini would definitely point their noses in the girl's nose and scold Erwuzi.
In other words, if there is no peace once this agreement is signed, then those lawsuits will undoubtedly be lost, and the domestic territory will need to be completely abandoned, and a large amount of compensation will also have to be faced.
"I have discussed this with people at venture capital, and their opinion is that these lawsuits can be dragged on. We can make foreign language servers for promotion, and we can drag on as long as we can."
"Then if we lose the compensation in the end..."
"If the English server is successfully built and MM is successfully launched abroad, then if the domestic lawsuit is lost, MM can apply for bankruptcy. Rest assured that the management's shares will not be affected by the bankruptcy of domestic MM. This is very much written in the contract. clear."
“File for bankruptcy!”
Some people exclaimed, and many people had a look of resistance on their faces. After all, they have put a lot of effort into the domestic industry.
But hard work comes before profit... This is obviously a way to escape from the golden cicada's shell. Ignore the lawsuits for now, just empty out all the valuable things of MM and transfer them abroad.
Then after waiting for the lawsuit to be lost, Parkson will directly file for bankruptcy to avoid huge penalties. This move is cruel and cruel, and MM's losses will be negligible by then.
But this also eliminates the possibility of them returning to the country in the future. After all, no one who is teased like this will be able to let such a young man return to the country.
"Quiet." Qian Jincai knocked on the table and shouted.
The conference room, which had become a little noisy, became quiet.
“Originally I didn’t want to tell you this, but for the sake of my colleagues over the years, I’m going to tell you to give you a chance to make a choice.
I don’t want you to go abroad with me in the future and find out that this matter will cause any conflicts. If you are willing to sell your shares now, you can repurchase them according to the current MM stock price.
If you don’t want to sell your shares and decide to go abroad with me to do something big, then it’s best to keep it a secret and let’s fight through everything possible.
In fact, today's meeting is not discussing this matter. The contract has already been signed. I didn't sign it without telling you. We have discussed the process for this matter in advance. At the same time, the company's major shareholders have sold their shares to venture capital investors.
When the other party came to me to sign a contract, they already held more than 60% of Parkson shares. If I did not agree to this financing agreement.
Then they will use their absolute controlling rights to reorganize the company's board of directors, and by then even the last remaining ten percent of our management's shares..."
Qian Jincai didn't say any more. Many of Parkson's senior executives looked a bit ugly. They were obviously very angry about the foreign devils' move to force people into the palace, but they had no choice.
Either get out now or follow suit. The foreign devils did not give them a third option.
"Mr. Qian, I need to think about it. I suddenly have to go abroad to work. My wife and children are still in China..."
"As long as you are willing to go abroad with us, the venture capital company will help everyone here obtain a green card in the United States. You will definitely get it within three years. This clause can also be signed in the agreement."
The green card is still very attractive to everyone. Many people even fake marriages and are bullied in various ways just to get an American green card.
Qian Jincai still hopes that the current team can be brought out completely, because only in this way can Parkson start all work immediately when it goes abroad, and there will not be too many problems before going public.
Foreign IT technology is indeed better than domestic technology, but no matter how powerful people are, they will not be able to integrate into Parkson's team and successfully launch MM in Europe and the United States. Then, no matter how powerful technical talents are, they will be useless. For this reason, money comes into play. very clear.
That's why we strive for so many benefits for the company's technical department and management during negotiations. Of course, besides making money, there are other selfish motives.
That is, the important technical departments and management are still his own, which can help him better control the company.
In this way, even if he has very little control over the company abroad, as long as he still holds the management and decision-making power of the company, he is qualified to talk to those investment capitals.
If this position is also lost, then he will completely become a puppet in the wind shooter. He can only move however the opponent wants, without any room for autonomy.
