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MTL - Internet 2010-Chapter 326 Strange Chat Incident
The behind-the-scenes mastermind behind the Mo Chat Incident is busy in the office at this time.
Lu Zhou picked up the information presented by the investment manager of Chuangmeng Fund.
The reason for this change is simple, no matter idg, penguin or Mengguang, the former CEO Wang Bo has reached the point of being unbearable. And Chen Xu, one of the founders, is more effective in the middle, so it is not surprising that the three institutions combined Chen Xu to depose Wang Bo.
After all, investors are investing real money. Who wants the founding team to be mediocre?
And just now, the first gambling agreement signed by Wang Bo and Penguin has come into effect. Capital doesn't matter what your reasons are. In short, Wang Bo lost a total of 4 million shares to Penguin this time, accounting for about 3% of the total share capital of Mochao. As for whether the agreement at the end of the year can be triggered, it depends on the communication between Chen Xu and Penguin.
Right now, MoLiao's shareholding structure is unusually average and strange.
Before Penguin entered the market, the shares of the three founders were slightly even, but the advantage was that they started a business based on classmates and friends, relying on relationships to maintain the stability of the team, and then Wang Bolai spoke to the outside world.
But after Penguin came in, the company's performance declined, and the team itself had cracks.
After this adjustment of the gambling agreement, Mo Liao Chen Xu and Zhang Min are the first shareholders, each holding 22.5 million shares, followed by Penguin's 21 million shares and Wang Bo's 20 million shares. As for Chuangmeng and idg The two are less than 10 million shares.
Seeing this, Lu Zhou couldn't help but sigh, Wang Bo realized one hand, and then lost another hand, it only took less than a few months from the first shareholder to the present. Money may be a test. But if it is used to verify the relationship of friends, it may be easy to lose friends in the future. In fact, there is no need to try this.
It didn't take long for Lu Zhou to hear some noises from the door of the office. The person who came was Liang Xiaohui, the investment manager of Chuangmeng Fund.
Lu Zhou nodded at him, and gestured for him to sit down, "Sit."
Liang Xiaohui respectfully sat on the chair opposite Lu Zhou, and then went straight to the road, "Mr. Lu, Mo Chat's conference room has ended. The personnel change has been confirmed."
Lu Zhou said solemnly, "Well. So, are there any surprises in the new appointment process?"
With the three institutions and Chen Xu's seat, it is very easy for Wang Bo to fall. But it is still a bit troublesome to say that Chen Xu is in the position. Because on this issue, the penguins must have something to say, and some personnel must be placed in, which may become a variable.
Liang Xiaohui shook his head, "No, Wang Bo all abstained, and Zhang Min supported Chen Xu as president. But now the surprise is that Ali."
There was a smile on the corner of Lu Zhou's mouth, the constriction and binding force of the history of the secret passage was so great.
"Oh? So it seems that what you mentioned in your previous due diligence is true?"
Liang Xiaohui nodded in agreement, "Yes, Mr. Lu. Not surprisingly, Zhang Min and Wang Bo will sell his shares to Ali at a price of $0.8 per share, at a 20% discount."
Lu Zhou, "If there is a deal, what is the specific situation?"
Liang Xiaohui, "The first is to trigger the anti-dilution clause in the agreement signed between the founding team and Penguin B round. Penguin can obtain 5 million shares as compensation for the founding team as compensation for the decline in valuation."
Lu Zhou snorted and expressed his understanding that Penguin could get this "cheap", after all, the price of a single share in the B round was one dollar. But Chuangmeng and idg do not have such good things. The shareholding cost of the two companies is much lower than 0.8 US dollars per share, and they have already made a lot of floating profits. Naturally, it is impossible to get compensation.
Liang Xiaohui went on to say, "After the founding team compensated Penguin, if Wang Bo and Zhang Min's shares are all transferred to Ali, then Ali will hold more than 37 million shares, Penguin 26 million shares, Chen Xu 20.7 million, Chuangmeng and idg unchanged."
Lu Zhou calculated a little, if Ali was allowed to be like this, his shareholding would directly exceed the line of veto.
He asked, "How is the arrangement inside Chuangmeng?"
After listening to Liang Xiaohui, he presented the information to Lu Zhou, "Mr. Lu, this is the plan formulated by Chuangmeng."
"One is to acquire some shares of Wang Bo or Zhang Min with funds from the fund. The ideal acquisition share is 7 million shares, which will cost about $5.6 million at Ali's discount. Chuangmeng's share capital will rise to 16 million. "
Lu Zhou nodded slightly, the price was a bit expensive in his heart, but he wanted to come to Chuangmeng with his own set of procedures, so he didn't say much.
Liang Xiaohui, "Secondly, the issue of proxy holding of the original option pool. This part was originally held by Wang Bo on behalf of 9 million shares. Next, we will communicate with Chen Xu to push the board of directors to pass the plan of holding the option pool on behalf of Chen Xu. If possible, This plan can also add an option to expand the share of the option pool.
At present, the share of Motalk's option pool is far less than 10%. I don't think everyone will refuse to issue new shares to the option pool. After all, this is beneficial to the development of Motalk. "
After thinking about it, Lu Zhou understood the joint in the middle.
Chuangmeng bought 7 million shares, and Ali could only buy 30 million shares. After promoting the two problems of the option pool, Chen Xu’s own shares and the option pool held on behalf of him can overwhelm the foreign Ali.
Why can Chen Xu agree? The reason is simple. idg is a soy saucer, and Penguin Ali is a foreign monk. In the past two days, he has to think about placing his own chess pieces in Mochao~www.novelbuddy.com~ It seems that only the old club, Menggu, is more realistic.
Liang Xiaohui's plan seemed to win over Chen Xu, but in reality, Chen Xu had no choice at all. If you want to keep the right to speak, you can only rely on Menggu.
Lu Zhou, "What's idg's attitude?"
Liang Xiaohui said with a smile, "Penguin and Ali are all coming in to fight, how can they panic, at least wait for the three to be over. The attitude is naturally clear, just wait for the subsequent rounds, wait for the listing, and wait for the money. Others, they will not participate. "
Lu Zhou smiled when he heard it, the style of strategic investors and industrial investors is nothing more than that.
Lu Zhou knocked on the table, "Yes, the rest will be handled by the fund."
Liang Xiaohui listened and said, "Mr. Xinglu, then I'll go down and make arrangements."
"Wait." Lu Zhou stopped Liang Xiaohui.
He asked, "Contact Wang Bo about the acquisition of shares, and he will not refuse."
Liang Xiaohui, "Understood."
Lu Zhou then asked, "What is the consideration between Ali and Zhang Min?"
Liang Xiaohui smiled, "Mr. Lu, there are a lot of things to do, and it's not easy to put it on the face. But it's legal and compliant, that's right.
Of course, the other minor contradiction in this matter is that Zhang Min wants to cash in, but Penguin dare not accept it rashly, which gives Ali a chance.
However, many things have changed. If Penguin figured out, this time it is time to buy Zhang Min or Wang Bo's shares again, then it will depend on the negotiation skills of each company. "
After hearing it, Lu Zhou understood, and he said solemnly, "Well. Let's go down first."