Chapter 444: Shang Fuhai's Dominance
Shang Fuhai was not panicked by their 'group attack'. He said slowly: "So in order to ensure your rights, I allow you to check the company's accounts regularly, and I also allow you to send people to the Finance Department of Beijing Parker. Another thing is that I am not permanently refusing to join all parties. At most, by the end of this year, before this, I need to ensure the purity and execution of Easy Payment."
He stressed: "I am also doing better for Yipai!"
Shang Fuhai has concerns, whether it is Yifu or short videos, they are all too young. They are so young that they have adult bodies when they just learn to walk. The consciousness cannot control the limbs and they cannot use this power smoothly. At this time, any foreigner with malicious intentions may make the system that is not very reliable.
This is something Shang Fuhai refused to allow.
He knew too many cases of the company he was eventually kicked out of the company he founded because of the equity dispute.
I won’t talk about the apple’s old Qiao, the Vanke’s old Wang, and the remaining fish and shrimps. Too many such allusions have happened.
Shang Fuhai absolutely did not allow this situation to happen to him, even if there was a little possibility, it was because of his strange thoughts that he gave such a very unreasonable requirement.
He is not as secure as he faces investment in CICC Fund or even from any other capital party.
But he also knew very well that if he had only one of them, and he would not play Yipai, there was no doubt that this would be possible. In the early stage, he could become popular by hyping Alipay to plagiarize his activity plan, and then attracting visits and traffic. Where can he do it?
Moreover, this "hype" can be over, and if it continues, there is no other benefit except showing his incompetence. Moreover, why did Lao Ma come here in person this time and say that he is a "young hero"? That's a joke.
Why did Lao Ma specifically mention "Yifu sue Alipay" when he first arrived, and also indirectly reminded Shang Fuhai that he had almost taken advantage of the popularity, so let's stop at it.
If he doesn't know how to advance or retreat, he will be really angry.
What is Alipay?
That is the lifeblood of Ali and an important pillar of Ali Empire.
Zhang Yiming, Wang Qiong, Yu Jianlin and Guo Shengguo were all silent. They could feel Shang Fuhai's determination. This was the first time they saw this kind of fun. They had no choice but to eat this piece of meat but didn't want to give up. They chose to give in.
"How many shares can you take out?" Wang Qiong asked him.
Shang Fuhai stretched out three fingers: "30%, I will give you 30% of the price, and give you 7.5% to each of your four families. You can see the price, but I won't force it."
"You have the special code, you are too embarrassed to say that you don't force it. If you really don't force it, can I give you one dollar?" Zhang Yiming felt so distressed.
Even Yu Jianlin and Guo Shengguo both felt liver pain, not to mention that Wang Qiong felt stuffy in his chest. If she stayed still, she would definitely have a heart attack.
Zhang Yiming called Wang Qiong, Yu Jianlin and Guo Shengguo went to discuss together. Investment and stake in Yifu, which is different from investing in the short video of the photoshooter. The short video of the photoshooter ultimately takes the path of capital financing, which means that he will go public in the end. At that time, it will be the time for them to truly enjoy the feast of wealth.
But Yifu will never go public. Shang Fuhai doesn’t need to emphasize this, they will know it themselves.
What is Yifu? It is a payment channel and a lifeblood. Will such things be used for financing?
As for why Shang Fuhai doesn’t hold Yifu’s equity 100% in his hands, is that possible?
Besides, it’s useless to do that. Shang Fuhai believes that if he really does that, he will not even have any hope to apply for a payment license in the future. Without taking photos, Yifu is just a black account and may be investigated one day. I really think that the state machine is a joke.
But now with today's Toutiao, Haina Asia, CICC and CICC Fund investment are different. None of these four capitals are casually recognized. Moreover, the background of CICC Fund investment is complex, and their relationship with the banking system is the most important thing that Shang Fuhai values.
Also in obtaining a payment license, CICC and CICC Fund investment can play a crucial role.
The existence of Toutiao is also to find an extra way out for Yifu.
As for Haina Asia, Shang Fuhai has other ideas, and he needs Wang Qiong, the capitalist.
In the end, on the issue of Yifu, how much money did Toutiao’s four capital parties give Shang Fuhai has always been a mystery. As the parties involved in the incident, no five shareholders, including Shang Fuhai, have disclosed it to the public.
Over time, this has become a mystery in the capital circle, a mystery that many people are curious about but have never answered.
After Yifu's problem was solved, the distribution plan for the B round financing equity of Paike Short Video was also released. Although Toutiao was the lead investor, Zhang Yiming did not take more shares. In the end, they chose to share the 20% of the equity equally, and one party had 5%.
After the completion of the B round of financing of Paike Short Video, the shareholding ratios of each party are as follows.
"Paike Short Video completed its Series B financing with a valuation of US$3.5 billion. After the financing is over, Shang Fuhai holds 72% of the equity, of which 5%-10% of the equity will be distributed to the company's senior management and technical team and employees as the option pool of Beijing Parker Technology. The behind-the-selling company executives will incentivize options."
"After the round of financing, Toutiao has held a total of 13% of the equity of Paike Short Video."
"Haina Asia, CICC and Alibaba's strategic investment department each hold 5% of the shares of Paike Short Video"
Among them, Haina Asia, CITIC Construction Investment and Alibaba strategic investment paid 175 million US dollars in financing to Jingcheng Parker Technology Co., Ltd., totaling a total of US$525 million.
Toutiao paid 1.59% of Shang Fuhai's equity through equity s After the completion of this transaction, Shang Fuhai occupied 6.59% of Toutiao's equity and became the fifth largest shareholder after SIG, DST, Sequoia Capital, Zhang Yiming and his team. Of course, even after completing this round of equity swap, he is still the shareholder with the least holdings of Toutiao.
But Shang Fuhai didn't care. He knew very well that as long as he found a way to protect these shares, he would be worth billions of dollars in the future.
Not to mention that Shang Fuhai is still thinking about participating in Toutiao's Series D financing again. He will definitely find a way to get some equity at that time.
"Old Zhang, Sister Wang, Mr. Zhou, Mr. Yu, Mr. Guo, the green mountains will not change, and the green water will flow forever. We will have a date in the future." Before leaving, Shang Fuhai and Wufang bowed their fists.
After finishing the matter here, Shang Fuhai handed over the remaining work to Liang Rubo, Song Yutong and Han Zhengyu to handle it. He also told Han Zhengyu to make a senior executive option shareholding plan and employee shareholding plan.
He has prepared the shares of Paike Short Video, but he will not simply give them to these executives. He must have a charter and a restraining framework.
At the same time, Liang Rubo released the news that Jingcheng Parker Technology Co., Ltd. completed its round B financing through special channels.
Financing is the first step, being recognized by capital is the second step, and achieving consensus among multiple parties is the third step. Taking advantage of this successful financing, then going back to stir-frying cold rice is the fourth step, and then continuing to form a cycle from the first to the third step, this is the key point.
Let everyone see the value of short videos from customers.
Be prepared for the next round of financing at a good price.
Not to mention how much sensation it caused after the news was broadcast, even Alibaba's boss Ma personally attended the financing and equity dispute and provided a hot news for the round of financing of Paike Short Video. The media one by one seemed to smell the bloody flies and kept digging deeper news from it.
After Shang Fuhai returned from the Kaidley Hotel, he rushed directly to Union Hospital.
Only his uncle is here, and his grandfather is lying on the hospital bed, with a bit of rosy and healthy look on his face.
Although it was a minimally invasive thrombectomy surgery, it was also an operation. Grandpa was still a little weak, but when he saw Shang Fuhai coming in, the smile on his face was so bright.
"The sea, come and sit here." Grandpa patted the chair next to him with his other hand without needles.
When his uncle Zhou Xiuqing saw him coming, he quickly asked him: "Fuhai, you're done with your business."
"Well, I've finished all the work. The rest will be waiting for my grandfather to be discharged from the hospital, so we'll go home." Shang Fuhai said.
As for what he was busy with, Shang Fuhai didn't say anything, and his uncle couldn't understand it.
While chatting with my grandfather, Shang Fuhai took the time to find Hu Guohua.
"Doctor Hu, my grandfather is fine now."
Hu Guohua nodded with certainty: "Mr. Shang, please rest assured. The best use of thrombosis removal to subsequent oral medications. The old man has no other conditions. I just went to check and recovered well. According to the old man's age, he can be discharged from the hospital in at most one week."
If it is someone else, Hu Guohua may arrange for the other party to be discharged from the hospital in four or five days, or be transferred to a local hospital for subsequent recuperation.
"Doctor Hu, I have a private question to ask for advice." Shang Fuhai thought about it, but he still told his grandma about his situation and asked him if there was any better way to nourish his body.
This incident also stumped Hu Guohua. He was just a doctor, not a god. Apart from traditional Chinese and Western medicine, there was no other magic medicine. For example, problems such as deterioration of body functions and aging of organs are normal. They completely follow the rules of birth, old age, sickness and death. Where can there be any nourishing medicine?
Even nutritional supplements do not play a particularly important role.
Monk Hu Guohua and Fu Hai said this seriously, so he relaxed and told him to do it according to the doctor's instructions given to Dr. Chen Feng, and he had no better way.
Chapter completed!