Chapter 114 Gambling Agreement
Ma Teng's face changed repeatedly, and his heart sank.
Could it be the news leaked from within the company?
Could it be that Zhibei revealed to him?
He couldn't think of the reason, so he had to ask directly: "There is a problem with the poor financing recently, but how did you know, Brother Yi?"
Yi Feng smiled mysteriously and said, "Your version has been updated slowly recently, and the product does not have the ability to monetize, so it is not a big deal to keep burning money."
"So... this is what I guessed, but I didn't expect it to be right."
Ma Teng looked a little embarrassed, but he didn't expect that the company's dilemma would still be seen.
However, it was revealed that someone told him that Ma Teng was unsure, but he could not make more suspicious.
"Feng Shen, you just said that you can cooperate with us. Is there any way you can do it?" Zhang Zhibei was straight and asked Yi Feng's solution.
He was really anxious.
QQ is the hard work he and his team have worked together to develop, and they don’t want to end up in vain.
Ma Teng shook his head secretly, but he didn't expect that Zhang Zhibei was so anxious. In this way, the delicate balance between himself and Yi Feng would be broken!
I was not confident when chatting later, so I must have been at a disadvantage.
But Zhang Zhibei said all the requests, and he had no choice but to say, "Zhibei is still too impatient. Brother Yi, don't mind."
Yi Feng smiled: "I can understand Brother Zhibei's mood."
"I just said that there is room for cooperation, and... there is indeed a way to help Penguin QQ overcome the current difficulties."
Zhang Zhibei looked excited and asked hurriedly: "What's the solution?!"
Ma Teng was also very moved and listened with all his ears.
When he first came here to see Yi Feng, he also wanted to monetize the 361 project, and then he produced blood and transfusions for Penguin Company to overcome the difficulties.
Now that he heard that Yi Feng had a solution, he naturally wanted to listen.
Yi Feng stretched out a finger and said calmly: "First, financing, first, financing continues to expand servers, maintains enterprise operations, and product development."
Zhang Zhibei and Ma Teng were stunned and then looked at each other.
What is this?
If I can really raise funds, I won’t come here anymore.
"Uh, Brother Yi, we are indeed seeking financing, but you also know that the US stock market is in a crisis of Internet bubble, and the Asian financial crisis has only been more than a year. Now it is too difficult for Internet companies to raise funds. Private people
Capital is also very cautious.”
"The current environment is not easy to raise funds, where can I go to raise funds?" Ma Teng sighed.
He had thought about selling Penguin Company for several nights and starting over.
Yi Feng smiled and said, "Mr. Ma, the reason why I said that is naturally my reason."
Ma Teng was stunned, savored his words carefully, and suddenly said in surprise: "Can you... Brother Yi, can you raise funds for us?"
Yi Feng nodded, "I can invest one million in your Penguin Company."
"Uh...one million? But..." Ma Teng was a little disappointed, feeling that one million would not solve the problem at all.
But his words were directly interrupted by Yi Feng.
"Mr. Ma, don't be anxious, listen to me." Yi Feng's tone began to increase and became stronger.
Because he is now the one who takes the initiative.
"Oh, I'm worried, please tell me, Brother Yi." Mr. Ma smiled bitterly, feeling that Yi Feng was now holding it.
"I not only invested in Penguin Company for one million, but I can help Penguin Company achieve revenue of more than 10 million in one year!" Yi Feng said confidently.
Ma Teng and Zhang Zhibei don’t understand Penguin QQ’s profit model, but he understands it.
A revenue of tens of millions per year is no problem, and there are many ways. Now QQ is the largest social software in China, with user registrations reaching 5 million and real-time online users reaching 100,000!
But this year is also the most difficult year for Penguin, and there is a risk of bankruptcy at any time.
"What?! Thousands, tens of millions of revenue?!" Zhang Zhibei and Ma Teng spoke in unison, both extremely shocked.
They didn't know where Yi Feng got his confidence, but looking at Yi Feng's appearance, they didn't seem to be joking.
There is no need to joke about this.
Ma Teng took a deep breath and calmed down a little.
Such conditions are extremely attractive. Although the investment of one million is not much, the revenue of tens of millions is even more exciting.
He didn't even doubt Yi Feng had such ability to independently develop 361 software and started a business at a young age. He was definitely not a fool.
But if he can get such conditions, he must have what he wants!
Ma Teng looked at Yi Feng and asked calmly: "Brother Yi, you must have requirements for this condition, right?"
Yi Feng poured him a cup of tea and smiled and said, "Indeed, I just said that I am very interested in Penguin QQ, and I also recognize its prospects. After all, I am using QQ myself."
"I invested one million yuan and it was just a stepping stone. Later, I participated in the operation of Penguin Company and helped Penguin Company do it."
"Indeed, I have a requirement. If you don't say secret words, you can invest one million in cash, and I want 10% of the equity."
"If I can achieve more than 10 million revenue within a year, I want an absolute controlling stake of 51%.
Ma Teng and Zhang Zhibei were silent when they heard this, and each had their own thoughts.
Zhang Zhibei originally had few equity shares, so he didn't care. What he cared about was whether QQ could survive, and then successfully earn tens of millions of dollars and develop.
But Ma Teng is different. He has the most equity, currently holding 40% of the shares. Idg and Telecom invested US$2.2 million in the previous year, each accounting for 20%. The three parties combined are 80% of the shares, and the remaining 20% of the shares are
Zhang Zhibei and three other co-founders were divided together.
Ma Teng drank the tea poured by Yi Feng, and did not rush to speak, but was thinking carefully.
There is not much investment of one million to get 10% of the equity. For Penguin, which is short of money now, this money can be said to be a life-saving spring.
However... if you achieve a revenue of tens of millions, you must obtain absolute controlling stake...
He cannot make decisions independently of this because he does not have absolute control over the shares.
But he was also very moved by Yi Feng's revenue of tens of millions. If he could do that, Penguin Company could be said to have been revitalized.
Only by living can he achieve victory, which is what he understands.
If rejected, it is still unknown whether Penguin can survive this year.
"Brother Yi, are you really sure to achieve a revenue of tens of millions within one year? Really?" Ma Teng asked solemnly.
"If, I mean, what if, you can't do it?"
"Do you dare to make a bet agreement?"
Yi Feng naturally understood what the betting agreement was, which means that both parties agreed to bet on something, which often comes with conditions when investing and financing.
For Yi Feng, it would be better to make a bet agreement!
"Of course, Mr. Ma, we can make a bet agreement. If I can't achieve a revenue of tens of millions in a year, I can add 5 million yuan in investment and not add equity."
"If I can achieve tens of millions of revenue within a one-year period as promised, I will get 51% of the absolute controlling stake."
"I can sign this bet agreement with all shareholders of Penguin Company." Yi Feng smiled, with a calm expression and a confident tone.
When Ma Teng heard that if he failed to make a bet, he would add 5 million yuan to invest instead of additional equity, he was even more interested.
If Yi Feng really gets tens of millions of revenue within one year, it would be okay to give him 51% of the absolute controlling stake.
Because of the annual revenue of tens of millions, the company's market value can reach hundreds of millions, and the value of the equity in each person's hands will increase by tens of times.
After hearing this, Zhang Zhibei was very excited and wanted to agree to Yi Feng immediately. Just as he was about to speak, he was interrupted by Ma Teng raising his hand.
Ma Teng narrowed his eyes, stared at Yi Feng, and smiled and said, "Brother Yi's proposal is really good, but this matter is of great importance, and I still need to discuss it with other shareholders."
Chapter completed!