Qing Shan Qu Zui
Chapter 769 President Pei's Elusive Tactics (Seeking Monthly Tickets!)
Even though he had been trying his best to economize, the money was still not enough.
So, where the money would come from became a very troubling question.
He had already received a sum of money from Tengda, but hadn't made any achievements yet, so he was a little embarrassed to ask for more.
But if he didn't get money from Tengda, it would be even more difficult to get money from other places.
As a result, he didn't expect He Desheng to take the initiative to ask for additional investment while he was still struggling. This was really heartwarming!
This showed that Tengda was optimistic about the project, and it gave everyone a shot in the arm, both in terms of funding and confidence.
Therefore, President Liu was deeply moved and thanked He Desheng profusely.
He Desheng smiled and said, "Oh, there's no need to thank me so much. I'm just doing things according to President Pei's instructions."
President Liu on the other end of the phone quickly said, "I understand, in any case, thank you so much! Thank you, President Pei and President He, for your support and trust in our company!"
"My employees and I will work even harder!"
He Desheng also called the other two small companies that saw no hope of profit and needed additional investment. These companies were all pleasantly surprised and deeply moved.
Because in their view, Tengda and Dream Chasing Ventures' behavior was so heartwarming!
Although the situations of these small companies were different, and the probability of project success varied, most people sincerely wanted to make the project a success.
Because these companies' finances were supervised by Tengda, and they couldn't engage in any shady dealings, everyone's interests were aligned. If the project succeeded, not only would the investors make money, but the company's boss and all the employees would also make money.
And in this situation of capital shortage, Tengda's renewed generosity was certainly a very touching thing.
Finally, He Desheng dialed Meng Chang's number.
"Hello? President He!" Meng Chang's enthusiastic voice sounded on the other end of the phone.
He Desheng couldn't help but sigh. In the eyes of others, Meng Chang was truly a perfect entrepreneur, a perfect businessman.
His personal image was excellent, he had a good eloquence, his speeches were inspiring, his execution was very strong, he had a long-term vision, and he was always full of energy. He would put 100% of his energy into his work at any time...
All of these advantages were concentrated in one person. Even if there was a small flaw, most investors would subconsciously ignore it.
He Desheng said, "President Meng, congratulations. President Pei has decided to invest another six million in Cold Noodles Girl."
On the other end of the phone, Meng Chang was slightly stunned, then overjoyed.
Finally!
He finally got President Pei's follow-on investment!
Since creating the Cold Noodles Girl brand, Meng Chang had worked hard, from the initial PPT to the later press conference, to the recent stores and various marketing events...
He had done so much to impress the investors!
And among all these investors, Meng Chang cared most about President Pei. Because President Pei was a genius investor, as long as he could get President Pei's investment, getting other people's investment would be a cinch!
In fact, so far, many investors had approached Meng Chang privately, wanting to invest in Cold Noodles Girl.
But Meng Chang had not agreed.
Because in his opinion, these investors' conditions were too harsh.
Some wanted too many shares, some required signing a gambling agreement, and others required signing investment terms with investor's priority sale rights and restrictions on the transfer of founder's shares.
The so-called priority sale right meant that the investor and the founder agreed that if a third party wanted to buy shares from the founder, the investor had the priority to sell under the same conditions; while the restriction on equity transfer meant that the company agreed that before a certain stage (such as IPO or merger), the founder could not sell his shares.
In layman's terms, it was to restrict the founder from selling shares for cash.
This was actually a very common phenomenon, because for investors, investing in a project was investing in people. If they invested money and raised the company's valuation, but the founder cashed out and left the company, how could they guarantee the company's continued rapid development?
Investors certainly hoped that the founder would always live a tight-fisted life, so that they could go all out to start a business and make money for the investors.
And for Meng Chang, this was of course an unacceptable condition.
The purpose of my hard work is to cash out, but you won't let me cash out, how can that be?
Could it be that I really have to work hard for you for the rest of my life?
Therefore, Meng Chang did not accept this condition, but was waiting for an opportunity, waiting for an opportunity to increase his say.
If the company developed too fast and became a desirable commodity, and countless investors wanted to get a share, then naturally some investors would rush to invest, and Meng Chang would no longer need to sign these restrictive clauses.
And President Pei's follow-on investment was a good opportunity.
Because President Pei was seen by many as an investment trendsetter. President Pei's follow-on investment of six million in Cold Noodles Girl was a clear signal. Someone would definitely follow, and they would sign some relatively loose terms.
This was a crucial step for Meng Chang!
Because his money was burning very quickly. If he ran out of money halfway, he would be in a very awkward situation.
Fortunately, President Pei made a move!
Meng Chang forcibly suppressed the joy in his heart: "Thank you, President He, thank you, President Pei, I will definitely..."
Before he could finish his words, he was interrupted by He Desheng: "Don't worry, President Pei has conditions."
"The condition is that you must absolutely keep the matter of Tengda's follow-on investment of six million confidential and not disclose any information to the outside world. This is a confidentiality clause in the investment agreement and cannot be violated."
Meng Chang: "?"
His mood was originally ecstatic, but hearing this was like being hit on the head, stunned.
Confidential?
Why?
Meng Chang felt very puzzled.
If it was other investors, they would generally restrict the founder from selling shares for cash. And Meng Chang boldly judged that President Pei would not do this, because President Pei seemed to have never arranged similar clauses when investing.
That was why he attached so much importance to President Pei's investment.
Facts had proved that his speculation was correct. President Pei had indeed not put forward similar restrictions, but he never expected that President Pei would have requirements for confidentiality!
This hit Meng Chang's weakness, not fatal, but very uncomfortable!
Did Meng Chang need this money? Of course he needed it. But his purpose was not just to let Cold Noodles Girl burn money for another month or two, but to leverage more investors' funds and raise the company's valuation.
In other words, this matter had to be communicated to the investors to have value.
Otherwise, it would just be six million in the pot, which would only allow Cold Noodles Girl to burn money for a while longer.
However, Meng Chang had no reason not to accept this money.
Because President Pei's money did not restrict the founder from selling shares for cash, which was much better than the conditions given by other investors.
Besides, Cold Noodles Girl's facade still had to be maintained, the money still had to be burned, and the capital chain could not be broken. Once it was broken, this show could not go on.
Therefore, this money was just stuck in a position a little higher than Meng Chang's psychological bottom line, regrettable to abandon, tasteless to eat.
On the other end of the phone, He Desheng asked, "Is there a problem?"
Meng Chang quickly reacted and hurriedly said, "No problem!"
He Desheng didn't say much, just encouraged him to work hard and hung up the phone.
Meng Chang breathed a sigh of relief, and a look of worry appeared on his face.
After the previous few experiences, Meng Chang was very clear that bargaining on this kind of issue was meaningless. President Pei was this kind of person who did what he said, and it was impossible for him to have the opportunity to bargain.
If he didn't take this money now, he might not be able to get it in the future. Compared with other money that restricted the sale of shares, it was more comfortable to have this money in hand.
Meng Chang couldn't help but sigh. President Pei was indeed unfathomable. From dealing with him until now, President Pei's every action seemed to make him very uncomfortable!
When Meng Chang first got the investment, he had to accept Tengda's assignment of a financial officer; now, the second investment had to be kept secret.
If he were to rate his satisfaction, Meng Chang's satisfaction was about 60 each time.
If this score was any lower, Meng Chang might have given up, and there would be no Cold Noodles Girl brand at all.
President Pei was able to keep this score just right, stepping on Meng Chang's psychological bottom line, letting him start a business, but always making some restrictions in some seemingly unimportant places, making Meng Chang very uncomfortable.
Now, what Meng Chang was most worried about was whether his thoughts had been seen through by President Pei?
Were these restrictions that President Pei made on him aimed at him, or at all investors?
Meng Chang was very clear that at the last press conference, President Pei had sent President Ma to warn him. This kind of confrontation between experts was like practicing Tai Chi, with both sides stopping at the point, never going too far, but never scratching an itch either.
President Pei's series of actions gave Meng Chang the feeling of an extremely calm wolf, following him from afar.
Seemingly casual, but also making people feel creepy.
This wolf might just be passing by and would not harm him, but it was also possible that it would suddenly accelerate and jump out in the next second, directly pouncing him to the ground and biting his throat.
President Pei's means of being so close and yet so far always maintained a certain distance from Meng Chang, neither infringing on his core interests nor giving up his threat.
There was a bit of a chill, but he would always doubt himself, wondering if it was an illusion.
This was very contradictory.
But as things stood, Meng Chang felt that he was only one step away from success, and there was no reason to give up.
Thinking of this, Meng Chang calmed down and made up his mind to continue executing the original plan.
Although President Pei had made some restrictions on him, he had not completely restricted him to death, and still retained some room for maneuver. Meng Chang felt that he could still operate a bit more.