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   Chapter 1140 He Is A Dirty Dog

Vengeful Girl with Her CEO By Mei Jiao Characters: 8016

Updated: 2019-10-25 00:13


Hearing Alan's words, Eric was visibly stunned. With a confused expression, he asked, "Why do you say that?"

Alan pointed to one of the terms of the agreement and said to Eric, "What Mr. Mu transferred to you is just the voting rights related to the policies in the daily management of the company, not the full management rights. Besides, he has reserved the right to transfer shares and the right to sign separate contracts. In this case, you have no right to make the decision to dilute his shares."

After thinking for a moment, Alan added, "That is to say, if you want to exchange a 20 percent stake for an investment of 15 million dollars, you should get Mr. Mu's authorized signature first, or all three of you should transfer 20 percent of your shares in total to us."

Alan picked his cup up from the table and took a sip of coffee. Then, he continued, "Moreover, according to what you just said, I find it hard to believe that the valuation of Creator Networks would be more than 75 million dollars before even the second round of financing. After all, you're not able to achieve a high rate of profitability in the mass market, which will be fatal to the company. For now, our valuation of Creator Networks does not exceed 35 million dollars. This means that you can exchange a 20 percent stake for an investment of 7 million dollars. This is the most reasonable offer I can give."

Alan's statements upset Eric. He immediately argued, "Sir, I think Mr. Mu would approve of our financing plan. Moreover, although we don't have a mass-market profit model right now, it doesn't mean that we won't have one in the future."

Alan smiled. "Eric, Sequoia Capital's investment strategy is very simple. My teacher, a genius in the investment world, once said, 'Invest in the track, not the racer.' But my investment strategy adheres to the 'people-oriented' principle."

Seeing the puzzled look on Eric's face, Alan explained, "The world today is different from how it was 20 years ago. The track is important, but we should pay more attention to the racer. I've gotten a general idea of your company from our conversation just now. Although you've occupied a dominant position in the current software market, it seems that you don't have a clear idea about the company's operations. Once you get competitors, I think you'll be in deep crisis."

Eric tried to argue, but Alan stopped him

bout it, but he didn't succeed in doing that."

Hearing Charles's words, Linda was a little surprised. "How could he do that? Although you've given them part of the voting rights, they still don't have the right to make decisions without consulting you. And either way, they should have told you about the matter."

Charles smiled. "It's nothing serious. I've reserved the right to carry out separate negotiations as well as the encumbrances of shares. That way, Eric will be unable to dilute my shares without my consent. It's probably because Alan found out about this that the negotiation between the two companies failed this morning. Thanks to Wiseman's advice, I was able to keep my shares in the company. So, it's important to have a good assistant."

Linda was still angry. "Eric is a dirty dog! When he was in deep trouble, you're the one who helped him out. But now, he has become an ingrate."

Charles stretched and let out a yawn. Then, he looked at Linda with gentle eyes and said, "It's normal. After all, the amount of this round of financing will be about tens of millions of dollars. Since the valuation has quickly reached 100 million dollars, it will surely be a great temptation for anyone."

Linda was so surprised that she didn't notice a small pit in the road and drove over it, causing the car to jolt violently. Then, she immediately turned her attention back to the road. However, after a short while of driving with full concentration, she said, "The valuation has reached 100 million dollars? That's incredible! But I heard that it was just a software project!"

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