Passing By

Ordinary People Culture Media Co., Ltd..

The atmosphere in the conference room was both warm and solemn.

Tang Song pushed open the door and entered. "Excuse me, something urgent just happened."

"It's alright, it's alright, Mr. Tang have a seat, let's continue!" Liu Fangbo stood up with a smile and waved his hand.

Lin Mu Xue quickly stood up and pulled out a chair for Tang Song.

After everyone sat down again...

Liu Fangbo continued, "Mr. Tang, we are very sincere and we can feel your respect for Ordinary People."

Our company has abundant distribution resources, as well as a professional team brought by Li Yuan from Hang City, and I myself have some shares in the Yan City Ancient Town Film and Television Base.

The short drama genre is still in its early stages, and we have a bright future ahead of us.

You could say that what we lack is simply funding.

"Yes, I understand." Tang Song nodded slightly, looking at the documents in his hand.

The Pre-investment Valuation 40 million.

The company originally planned to raise 10 million yuan in Series A Funding.

In this way, Liu Fangbo, who owns 68% of the shares after the financing, will still have absolute control over the company and will be able to maintain control over the company in the next round of financing.

However, after more than an hour of contact, his attitude changed significantly.

Flexible and reasonable investment terms, clearly defined obligations and rights, and trust and support for the company's management...

The letter of intent provided by the other party was very reasonable and comprehensive, and their attitude was also very sincere, which is something that other investment institutions have never given.

Of course, the most crucial factor was the strength demonstrated by the Tang Song.

After a brief discussion, Liu Fangbo sincerely expressed his hope to increase the amount of funding this time, if possible.

Sufficient funding will also allow the company to capitalize on the lucrative Short Drama Market sooner.

"Mr. Tang, you can consider this carefully," Liu Fangbo said, looking at him. "Even if you don't agree, we are very willing to continue with the existing agreement."

After Pondered for a moment, Tang Song spoke in a low voice to the investment manager beside him.

For investors, increasing their investment to acquire more equity is a very risky endeavor.

It is necessary to comprehensively consider the value and potential of the invested company, the competitive landscape of the industry, and the impact of excessive control on the founding team.

The system task "[Capital Newcomer]" has very strict requirements for effective venture capital.

He needs to be personally involved to actually make reasonable investments.

Around noon.

After further negotiations between the two parties.

Tang Song stood up, smiled, and extended his hand. "Chairman Liu and President Guo, I wish us a successful cooperation. I have confidence in your team and project, and I look forward to fruitful results in the future."

Liu Fangbo and Guo Liyuan breathed a sigh of relief, their faces beaming with undisguised joy.

"This is a significant step for our Fanfu Suzi Media towards Xiang Hui. Thank you, Mr. Tang, for your trust and support!"

"It's a pleasure working with you! Our short drama team will definitely not let you down!"

Guo Liyuan's voice trembled slightly with excitement.

The final outcome of the negotiations far exceeded their expectations.

Tang Song will invest 24 million yuan in one go. After the new TS (Letter of Intent for Investment) is released this afternoon, we can start preparing DD (due diligence).

Everything was many times better than she had imagined.

After this round of capital increase and share expansion, the new equity structure is as follows: Liu Fangbo (53%), Tang Song (38%), and Guo Liyuan (9%).

The Post-investment Valuation 64 million yuan.

There will be no board of directors for the time being, and Liu Fangbo will continue to serve as the Executive Director.

Tang Song emperors possessed veto power over major matters, as well as the right to know, the right to participate in decision-making, the right to supervise, and the right to priority liquidation.

Sunlight streamed through the clouds into the conference room, creating patches of golden light.

Guo Liyuan, only 26 years old, is thrilled to be the CEO of a company valued at 64 million yuan that is about to complete its Series A Funding.

Looking at Tang Song, a fellow alumnus who shines like a star, he shook her hand firmly.

A new chapter in her life is about to begin.

Those young talents who once chased after her will all be left behind.

This is the benefit of following the right people and choosing the right path.

Thinking of this, she took a moment to send a message to Shen Yuyan, who was far away in the Imperial Capital and was also negotiating an Letter of Intent for Investment.

Xu Qing stood there dumbfounded, her eyes filled with shock and disbelief.

The company is valued at 64 million, so wouldn't her 2% Stock Options be worth 1.28 million?

Really? Really?

I became a rich woman in the blink of an eye?

Of course, there is still a long way to go Stock Options be converted into equity, and she will need to make an investment based on a valuation.

But for this little money-grubber, the shock of her suddenly skyrocketing net worth was unparalleled.

She didn't do anything! And yet she amassed a huge amount of hidden assets!

Wait, no! I sent Tang Song 4090!

Just as netizens said, this is an amazing gadget for guys!

Xu Qing clenched her fist excitedly, her eyes sparkling.

Should we give him another one?

"Xu Qing." A melodious voice rang in her ears, interrupting her daydream.

Looking up, he saw the tall and sexy Lin Mu Xue approaching.

She wore an intellectual and elegant smile.

"Hmm, what's wrong, Madam Lin?" Seeing her feverish appearance, Xu Qing couldn't help but pout.

That despicable green tea Liu Ruyan is trying to bully my Qing Qing again!

That's why Yan Yan isn't here, otherwise I would definitely have had the Scheming Yan try to make things difficult for you!

Lin Mu Xue raised an eyebrow and pulled out a gold-embossed business card from her briefcase, handing it over.

She said in a gentle and friendly tone, "Just call me Xiao Xue or Luna. This is my name tag. We can add each other on WeChat later."

Looking at the dazed Xu Qing across from her, she noticed Tang Song's sweeping gaze.

She affectionately took Xu Qing's arm and placed the business card in her hand.

In any case, she had to behave well in front of Tang Song and show him absolute loyalty.

However, if we happen to meet in some situations in the future, don't blame me, the Emperor Mu Xue, for slapping you in the face!

"Okay, thank you." Xu Qing took the high-quality business card and glanced at it.

[Lin Mu Xue, Senior Assistant to the Committee of Slover (HK) Trust]

As a legal professional, Xu Qing naturally knew what this position meant, and couldn't help but feel somewhat powerless.

Lin Mu Xue smiled and chatted with her for a few more minutes before returning to Tang Song's side, quietly playing the role of a supporting character.

Xu Qing let out a sigh of relief.

She took out her Mobile Phone and started sending messages to her best friend.

Imperial Capital, Gongying Technology Co., Ltd.

"The success of this financing is the result of everyone's joint efforts, and I believe it is also a new Qidian for a brilliant future for Youjie Home Services!" Ren Mingyuan said with a bright smile.

The meeting room erupted in enthusiastic applause.

The tense atmosphere instantly became relaxed and pleasant.

After exchanging congratulations and pleasantries for a while, everyone set off for the banquet hall.

The company's Pre-investment Valuation was 13 million yuan.

The original company's shareholding structure was as follows: Zhang Tianqi (42%), Shen Yuyan (40%), Hou Shaoyuan (14%), Li Meixia (2%), Wang Ning (2%).

Gongying Technology invested 6 million yuan, Hou Shaoyuan followed up with an investment of 1 million yuan.

The current shareholding structure is as follows: Gongying Technology (30.4%), Zhang Tianqi (27%), Shen Yuyan (26%), Hou Shaoyuan (14%), Li Meixia (1.3%), Wang Ning (1.3%).

The company's founding team has retained absolute control over the company.

However, Gongying Technology added a requirement to amend the Company Articles to the investment terms, which will give it veto power over major matters.

In addition, there are stringent Confidentiality Agreement, Non-Compete Clause, Anti-dilution Clause, and share Repurchase Clause.

They even set restrictions on changes in the company's equity structure and adjustments to its business direction.

Looking at the signed Letter of Intent for Investment in her hand, Shen Yuyan felt relieved but also uneasy.

The biggest problem is naturally the clause about "paying in two installments".

After all, there is only one sign of whether a financing is successful: the funds arrive in the account.

However, given the circumstances, this is the best outcome they could achieve.

Wishing you all the best in the future!

In the luxurious and spacious banquet hall.

"It's a pleasure working with you all. You are all outstanding young people, and I look forward to your future."

The presence of Zhao Hongkai, the Chairman Ren and CEO of Gongying Technology, brought the atmosphere to its peak.

He was an angel investor in Gongying Technology, and in subsequent rounds of financing, he gradually replaced the original founding team and became the company's leader.

In fact, apart from Ren Mingyuan and another technical director, the other founders were all ousted from the management team during the company's development.

"Thank you for your recognition, Director Zhao."

"Clink, clink, clink—" Cups clinked, and fine wine was swallowed.

Zhang Tianqi and Hou Shaoyuan hadn't initially placed much importance on this round of financing.

Being in such an atmosphere, listening to the praise and recognition around you, it's hard not to feel a little smug.

At only 25 or 26 years old, their first startup has already completed its Angel Round.

Even if it's not a lot of money, it's still a significant achievement and talking point for them, enough to make them stand out in the family.

Hou Shaoyuan frowned as he looked at Ren Mingyuan, the senior student who had moved closer to Shen Yuyan.

She stepped forward, took the initiative to stop the senior student, and started chatting with him.

He was determined to have School Beauty Shen.

This investment of 1 million yuan is not a small amount for him, and he made many promises to his family for it.

He didn't want to see Ren Mingyuan get there first.

The slightly cool champagne danced in my mouth, "glug—", and as I tilted my head back slightly, the liquid flowed down my esophagus.

Shen Yuyan narrowed her eyes slightly, and gradually relaxed.

After more than three months of hard work, the TS has finally been signed.

The Post-investment Valuation successfully reached 20 million.

Just cooperate with the due diligence and wait for the payment.

She can now continue her business expansion.

Expand regionally, optimize and extend the domestic service system, increase investment in digitalization, improve brand building, and recruit new talent teams...

Furthermore, the smart home hub APP from Gongying Technology can be used to achieve efficient and high-quality traffic conversion.

Thinking of the bright future and looking at the jubilant scene before her, she couldn't help but take another sip of wine.

We can look for Guo Liyuan later. She is now the General Manager of a media company. Youjie Home Services's GG Business and brand building can definitely be cooperated with her.

Moreover, having a classmate or friend connection makes their collaboration more harmonious.

By the way, today is also the day for Ordinary People to negotiate letters of intent. I wonder if it went smoothly?

Will Tang Song deliver on his promise of at least 5 million yuan in investment?

With that thought in mind, she put down her wine glass and walked to the baggage check area.

I opened my beloved Gucci Dionysus bag and took out my Mobile Phone.

Immediately afterwards, I saw the above unread WeChat message.

Click to view.

[Li Yuan: "Yan Yan, I really don't know how to express my gratitude and excitement right now! This Series A Funding was made possible thanks to your and Qing Qing's help in connecting us. Don't worry, I will definitely arrange the 2% Stock Options I promised Qing Qing! May our friendship last forever! Thank you! Thank you so much!"]

Shen Yuyan was taken aback.

Having known Guo Liyuan for so many years, this was the first time she had ever seen the other party so excited.

According to her understanding, the Ordinary People are rooted in the Short Drama Market have already obtained two term sheets. Normal financing should not be this exciting.

Her intuition told her that something must have changed.

Open Xu Qing's chat box.

Immediately afterward, a photograph came into view, and Shen Yuyan's gaze became slightly unfocused.

Tang Song sat in the center of the conference table, wearing a white shirt. He was handsome and upright, exuding a strong sense of confidence and composure.

On either side of him stood a man and a woman with composed demeanor.

The men were impeccably dressed in suits, while the women wore elegant and capable outfits.

His eyes revealed shrewdness and decisiveness, and he exuded a powerful aura.

Shen Yuyan's eyes twitched as she read Xu Qing's message.

Industry analysts, financial analysts, legal advisors, data analysts, operations management experts...

This... this is the investment team brought by Tang Song?

Compared to his stance, Gongying Technology seems to be playing around too much.

But how is that possible?

Where did he get these people? Did he hire a specialized consulting firm?

Soon, a woman to Tang Song's left caught her attention.

It was her!

Shen Yuyan was about to send a message to her best friend to ask about some financing details.

One message after another popped up.

[Qing Qing: "Yan Yan, this is infuriating! That Lin Mu Xue is such a green tea b*tch! When you get back, I'll give you a good rant!"]

[Qing Qing: "The financing for Ordinary People is going very smoothly, but our company has raised some revisions. We just reached an agreement, and the formal signing of the term sheet will be this afternoon. I'll send you a photo of the signing then."]

Shen Yuyan immediately replied, "I received Yuan Yuan's message. Just relax and wait for your 2% Stock Options incentive. Were you there? What was the final company valuation? How much did Tang Song invest?"

[Qing Qing: "You might not believe it, but I was shocked too. The Pre-investment Valuation by this Ordinary People was a staggering 40 million yuan!"]

Previously, the term sheet (TS) that Ordinary People received was valued between 30 million and 35 million, which was due to the significant undervaluation by investment institutions.

But to everyone's surprise, Tang Song was so generous, offering a high price of 40 million. No wonder Guo Liyuan was so excited.

[Qing Qing: "In addition, Tang Song personally invested 24 million, holding a 38% stake. Post-investment..."]

Upon seeing the figure of 24 million, Shen Yuyan's expression instantly froze.

I reached out and swiped the screen, repeatedly confirming that I hadn't misread it.

My heart clenched violently.

24 million? A lump sum of 24 million in cash? How is that possible?!

Even billionaires could not possibly come up with such A sum of money; their assets consist mostly of shares and businesses.

Taking a deep breath, she typed with trembling hands, "Is this money to be injected in multiple installments? Are there any performance requirements?"

[Qing Qing: "No, we'll sign the Investment Agreement after the due diligence is finished, and pay in full within a week. You didn't see the expressions on our Big Boss and Yuan Yuan's faces; they practically want to kneel down and call Tang Song their Godfather."]

[Qing Qing: "Okay, we'll talk later. Lin Mu Xue asked me to go to dinner with Tang Song."]

Shen Yuyan stood there blankly, her face growing paler and paler.

The Mobile Phone screen gradually went black.

"Yuyan, what are you daydreaming about?" Hou Shaoyuan, his face Hou Shaoyuan flushed, strolled over and handed her his wine glass. "Come on, let's have a drink. As the company's seed investor, I've watched Youjie Home Services under your leadership. I hope we can work hand in hand in the future and achieve great things!"

Shen Yuyan silently accepted the wine glass, but did not clink glasses with him.

She bit the rim of the cup with her red lips and tilted her head back forcefully.

"Glug glug—" He downed half a glass of champagne in one gulp.

Slightly tipsy, Hou Shaoyuan quickly asked with concern, "What's wrong, Yuyan? Are you alright?"

"It's nothing." Shen Yuyan pursed her lips, her eyes flashing with indescribable emotions.

Guo Liyuan, a once unremarkable Ordinary People, has far surpassed her, now valued at 64 million yuan.

What she found even more unacceptable was the significance behind Tang Song's 24 million investment.

Now that Youjie Home Services has signed a TS agreement, even if she wants to back out.

The other partners wouldn't agree, and Tang Song wouldn't invest in her anymore.

After all, he made it clear at the time that he would absolutely not invest if the founding team was not on good terms.

She suddenly realized where her unease came from when she confronted Tang Song in the restaurant at North City Garden.

It was intuition that was giving a warning.

A life-changing opportunity, the one she had dreamed of, slipped through her fingers.

At this moment, the blue sky and white clouds of the Imperial Capital outside the floor-to-ceiling windows seem particularly dazzling.

Shen Yuyan's eyes gradually reddened.