Chapter 1036 There is still a lot of time
When the three people from Ele.me and the three investors sat in the conference room again, the overall atmosphere reached its most serious moment.
Everyone's eyes are on Lu Heng, because Lu Heng's words will determine the direction of this financing.
A twenty-year-old young man might feel numb and uncomfortable under such gaze.
But Lu Heng didn't. He leaned on his chair, his eyelids drooped at the corners of his eyes, and he thought silently.
Ji Yue looked at the other two Ele.me founders and couldn't figure out the information on Lu Heng's face, so he wanted to get the answer he wanted from the faces of the other two younger people.
But it's a pity that Wu Mingming lowered his head and Xiao Jianguo turned his face sideways, making him return without success.
He looked at Xu Xin and Peng Lei unwillingly, and then spoke softly.
"Director Lu, two hours have passed. What is your decision?"
Lu Heng slowly opened his eyes and scanned the whole place with his bright eyes.
"For two hours, we three brothers talked a lot. Generally speaking, we are able to accept your conditions."
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Ji Yue couldn't help but breathe a sigh of relief. If he could accept it, that would be great.
Xu Xin also nodded secretly. She was looking forward to it. Ele.me would be the next NetEase and the next JD.com in her hands.
Peng Lei is determined that once the cooperation with Ele.me is reached, Alipay will have an easy future.
Her bets are not just on Ele.me, but also on other companies such as airlines and large department stores.
But in comparison, the benefits that Ele.me can bring to Alipay are the largest within the foreseeable range.
"but"
Lu Heng raised the corner of his mouth and saw that the three of them were intrigued again, and said with interest: "But we are a little timid. The business that three young people have spent the most important time in their lives to build with all their heart and soul, if in the end
, being kicked out would be so scary.”
As soon as these words came out, Ji Yue couldn't help but stiffen, and Xu Xin also put away her smile in embarrassment.
Peng Lei listened with interest. Her purpose was different and she had no idea about it from the beginning. Naturally, Lu Heng's words did not involve her.
This is an issue for Sequoia China and Capital Today to consider.
Ji Yue forced out a smile and said: "Director Lu, you are a bit unfounded. In the contract, we will definitely indicate that we will not interfere in the daily work of the original management team and fully respect your founder's ideas. This is also the case in the A-round investment
, the most common contract provisions.”
Xu Xin also echoed: "Director Lu, you are not as timid as you said. Whether it is your control of Hengcheng Group or your control of Youzi Technology, it is obvious to all. Ele.me is in your hands, how can you let it go?"
Is someone else in charge?”
After listening to the two explanations, Lu Heng just smiled faintly.
He looked at Wu Mingming on the left and Xiao Jianguo on the right, and said calmly: "It's useless to talk more. I have a condition. See if you can agree. If so, we can sign the contract tomorrow and hold a financing agreement.
Press conference. If it doesn’t work, tsk tsk”
Lu Heng didn't say the next words, but everyone knew what he meant.
If the three investors do not accept the conditions he is about to state, then there will be no further cooperation.
Ji Yue took a breath, suppressed the uneasiness in his heart, and said slowly: "Director Lu, tell me!"
"The board of directors has been established. Each of the three of you is an independent director and has the right to vote on Ele.me's major strategic decisions. Our three founders will also automatically become directors, and in the future, after the company's executives obtain a small amount of shares, they will also be attached to the three of us.
Before the next investor enters, major strategies must be decided by a vote by the six parties. But there will always be times when we can’t agree, so at this time, I will have a veto power!"
Ji Yue rolled his eyes and said: "Director Lu owns the largest share of shares, so you should have a veto power."
Lu Heng shook his head and chuckled: "It's not just that, even if my shares are diluted in the future and I am no longer the largest shareholder, my veto power will still be retained!"
Ji Yue's expression changed, but before he could speak, Lu Heng stated the conditions in full like a barrage of words.
"And, for future financing plans, my veto power is also effective! Shareholders with the same rights as me are not allowed to exist, and the shares of all large and small shareholders must be distributed with my permission.
If someone chooses to cash out and leave the market early, I will also have the right of first refusal to acquire their shares, and the second right of first refusal will fall on Mr. Wu and Mr. Xiao, and finally they can contact other shareholders and outside investors. All the shares that have not been approved by us
The shares transferred and sold by these three people are not recognized by us!
Of course, I will try my best to protect the interests of your shareholders, so please rest assured."
Lu Heng smiled brightly, spread his hands, and said frankly: "It will be easier for everyone to cooperate if we speak clearly. I hope you won't misunderstand my intention of doing this. I am not doing it for pure possessiveness, but for my hope in the company."
In daily management, avoid challenges from large and small shareholders. Ele.me needs your help, but its direction must follow the plans of our three founders!"
When Lu Heng finished speaking and lost the momentum to continue, the conference room fell into an unspeakable silence.
Peng Lei almost couldn't help but applaud.
This young man is really impeccable in his work!
The right of veto and the right of first refusal may seem like one condition, but they are actually two conditions.
The former confirmed Lu Heng’s absolute position in Ele.me and perfectly controlled the company’s management and direction.
They, shareholders, can only exercise their rights to supervise and make proposals, but they cannot change the plans made by founders such as Lu Heng.
The latter ensures that Ele.me will never be subject to a hostile takeover.
Ele.me will definitely continue to raise funds in the future, and the founders' shares will continue to be released, and their own shares will become less and less.
At this time, if someone purchases the shares of other small shareholders and increases their share to 50%, thereby completing a hostile takeover of Ele.me.
Lu Heng's right of first refusal determines that those privately traded shares are not recognized by law. Naturally, Ele.me will not be acquired by others without his consent.
No wonder Ji Yue and Xu Xin's faces turned so ugly.
Lu Heng was treating them as if they were tigers and wolves!
But for our side, these measures are innocuous.
Lu Heng smiled faintly, feeling very emotional in his heart.
The reason why Li Xiang was about to be kicked out was because he did not have the decision-making power of Autohome.
The reason why Sanlin Real Estate had to rely on Lu Jianchuan's company to act as a white knight to save them in the face of a hostile takeover from Yike was because Lin Sen's own strength was insufficient and he did not have the right of first refusal on the shares.
Lu Heng didn't want to see these scenes happen to Ele.me, nor did he expect that a white knight would appear to save him.
Therefore, at the source, he must strangle these possibilities.
By then, even if his shares are only 1% after countless rounds of financing, he will still be the absolute controller of Ele.me!
In this kind of matter, Ma Yun and Liu Qiangdong are definitely the best. No matter how few shares they hold, they will always be the two giants, Alibaba Group and JD.com.
Dominant, no one can shake their position!
Although Lu Heng was a latecomer, he also learned this skill and used it flexibly.
Now, it depends on whether the three parties in this first round of financing will agree to his conditions.
Peng Lei raised her hand at the right time.
"Alipay doesn't have any objections. My goal is to cooperate. Ele.me has so many shares that we have no use for them. So, I agree to Director Lu's request!"
Lu Heng nodded to him and thanked her for her support at this time.
Then, Lu Heng looked at Ji Yue and Xu Xin.
"Mr. Ji, Mr. Xu, where are you?"
Xu Xin said with a wry smile: "Let me think about it again!"
Ji Yue stood up with a livid face, "I need to make a phone call, I'm sorry!"
Lu Heng shrugged, "Okay, I don't have any objection. Anyway, there is still a lot of time today. No, I should say, there is still a lot of time for Ele.me!"
Chapter completed!