Chapter 286 March of Steel Torrent
"Mr. Shukla, I'm glad you came to China."
"Mr. Rong, I am also honored to meet you."
Appearing in front of Rongguang was a gentle young man of Indian origin. He wore gold-rimmed eyes and his whole body was very neatly decorated. Especially this person's last name - Shukla, which literally means pure white. That's perfect.
A Brahmin, the kind that makes the untouchables in India kneel down and lick him as soon as they hear his name.
However, Shukla has become very Westernized. He has very few of the indigenous Indian characteristics. At least he hides them quite well. Shukla also kept looking at Rongguang: "Rong, this is the project plan I made for OldK. If you are interested,
, you can ask someone to study it."
Shukla opened the laptop he carried with him. As expected, Asan is a PPT king, and they are very used to PPT to clear the way.
Rong Guang flipped through the document and looked a little weird: "Shukla, this is our project plan, you can also give us some advice."
Rong Guang opened his laptop and found the company's PPT text.
Shukla glanced at it, his expression also became very exciting. In terms of PPT, Rong Guang had learned from Asan, so naturally, the two PPTs were quite similar.
The two looked at each other and laughed. Shukla smiled and shook his head: "Sorry, Rong. I think many people have underestimated you. I am very lucky to have this trip to China. Can you introduce OldK's future goals?"
"OldK is a spun off independent company with a current valuation of US$82.5 million..."
"Sorry to interrupt, OldK is a bit too crazy, right? He really has such a high valuation." Shukla was a little surprised.
Rong Guang smiled: "OldK currently has 9.07 million users..."
"9.07 million?" Shukla was shocked. If there were such a number of customers, they would at least be one of the biggest players in the Internet in North America. How could it be unknown? How could it be despised and ridiculed?
"Haha." Rong Guang made a "be patient" gesture, "Shukla, this is indeed the number, but this number cannot withstand scrutiny. Among them, the number of users in mainland China is just over 7.4 million. These are all Putian
Technology sharing users. Many only understand Chinese, and their English accounts in OldK are just zombie accounts. In addition, there are overseas users, there are almost 800,000. Most of them are Hong Kong and Taiwan users, and they can actually be counted as Chinese users.
There are only about 800,000 real North American users so far."
Shukla nodded, this was the real situation, and returned to his common sense: "Rong, what do you need me to do? I mean, if I become the CEO of OldK?"
Rong Guang smiled slightly: "A few things: Within half a year, the number of users in North America and overseas increased to more than 5 million. And Series A financing started. The valuation of OldK at the time of financing cannot be less than 100 million U.S. dollars. Of course, the higher the better.
And you will be responsible for the next several rounds of financing, including roadshow listings. After listing on Nasdaq, try to increase the total market value to more than 1 billion US dollars!"
Shukla frowned slightly. This goal is a bit difficult, but it is by no means unachievable. After all, the IT circle must know about those zombie accounts in mainland China, and Wall Street must also know about them, but the leeks don’t know about them? At least there are enough, and they can
Fooled many retail investors.
“What about the equity situation?”
"According to the start-up agreement, Putian Technology will invest two amounts of start-up capital, totaling US$10 million. It will also attract traffic, business cooperation, development cooperation, etc., and will hold 30% of OldK's equity in the future. I will hold the remaining 70%.
Among them, 90%, that is, 63% of the equity, SoftBank holds 7% of the equity. When the A round of financing is completed, 33.3% of the equity will be released, which can raise at least more than 50 million US dollars. In the future, small language version development, application software development,
Burning money for promotion, etc., should be enough, right? The equity incentives for you and the start-up team will also be completed in the A round. Other employee equity incentives can be completely placed in the later rounds. This is also up to you to decide! Of course
, after the Series A financing, OldK and Putian Technology will be completely decoupled, and they will be two competing Internet companies."
"I understand." Shukla was a little curious, "Rong, why should we be divided into two families?"
"Policy risk factors. OldK will be listed on Nasdaq. Putian Blog will be listed on mainland China. Even if it cannot be listed, it will still be a privatized Internet company in mainland China." That's it.
“What about company management and personnel recruitment?”
“All according to Silicon Valley rules!”
"..."
In fact, with a clear goal, Indians are indeed very good executors. Of course, this requires that you have equal status, otherwise Ah San will be all kinds of unreasonable. As an internationally renowned director, at least in terms of status, Rong Guang should not
Being ostracized by India's upper class... right?
By the way, the problem in India is not about the caste system. Every society has its own social structure. If you want to break the reform? We should all know that it is a revolution and many people will die! Since Indians
Don’t you want people to die and want to change slowly? Just let them be happy and it’s none of our business?
There's no need to maintain that sense of moral superiority, just get what you need. It's just business.
Since each got what he needed, Rongguang got a qualified CEO, Shukla also got a position and a high salary, and they happily reached a cooperation.
After signing the contract, Shukla immediately rushed back to the United States and set up a management team vigorously and resolutely...
…
The year 2003 has finally entered, and the streets and alleys are filled with a cheerful atmosphere.
However, a "little shadow" has appeared in the south, which cannot be said here. Otherwise, a certain mythical beast is already ready to move.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Rongguang also started to live as a homebody. Together with his family, he declined all social activities. Anyway, there is a little cotton-padded jacket at home, wouldn’t it be fun to play with her?
?
However, a new advertisement suddenly appeared on the TV? It immediately exploded throughout China...
An ordinary household in the Mainland:
The father and son watched the advertisement playing intently. My mother happened to enter the room, glanced at the TV, and asked strangely: "Isn't that Dr. Fang, a soft-spoken doctor? Why did you choose him to shoot a recruitment advertisement?"
The son quickly introduced: "Mom, Rong Guang used to be an action star. And this is not a recruitment advertisement!"
Dad nodded: "It should be the sequel to "Lightning Chase". But this sequel is awesome? It even has tanks and artillery mounted on it, right?"
The son endured it and said nothing. Will he tell his parents that "Lightning Chase" will launch a new game? Have he and his friends already made an appointment to spend the night in an Internet cafe?
"This music is very nice. It makes people's blood boil. Haha." Dad laughed.
The son was finally able to show off: "Dad, that was composed by Rong Guang. It's the latest "March of the Iron Torrent"!"
"'March of the Iron Torrent'? Isn't that a powerful name? It's time to beat the little devil long ago."
"I don't think I'm a kid. I'm going to Southeast Asia this time."
"That's a pity. Anyway, the little devil will have to be beaten sooner or later."
"hehe."
Mom continued to wonder: "This music is really not foreign? Why doesn't it sound like it?"
"That's not true! This is made in our country!"
Finally, when the commercial ended, the family finally left the TV and returned to their daily lives...
Chapter completed!