In October, the weather turns cold.

Caoyang's career has paved a short distance and has not deviated from the track at present.

However, some things were a little confused.

His two small goals have not been completed yet.

My father-in-law is unwilling to invest and can't even make it to his own people.

Now Bomi's capital wants to go out, and outside capital wants to come in. At the end of October, Mr. Xiong Xiaoge found him.

Xiong Xiaoge is the person in charge of IDG in China.

IDG is an American investment company, with its full name called International Data Group, and is the largest information technology publishing, research, exhibition and venture capital company in the world.

It is also the first foreign venture capital investor to enter China.

In 1998, Xiong Xiaoge signed an agreement with China on behalf of IDG Capital, and would invest US$1 billion in Chinese high-tech enterprises within 7 years to support China in developing high-tech industries.

If you want to evaluate the most awesome investors in China, Mr. Xiong will definitely be in the top ten.

Xiong Xiaoge is considered a Chinese expert. He joined the American International Data Group (IDG) in 1991.

After he took over the Asia-Pacific affairs, IDG's projects that have been losing money in Asia for many years have begun to make full profits;

Later, this man took IDG to invest in China, setting a precedent for foreign venture capital. By 21 years, he had invested in more than 600 companies and successfully bet on more than 150 excellent listed companies. He made a lot of money in China, and the profits he brought to IDG alone were as high as billions of dollars each year.

...

The two met in a hot pot restaurant near Xidan.

Although it is a hot pot restaurant, the price is not cheap, and the average person is about 70 yuan.

In 2000, this was a high-end restaurant.

Xiong Xiaoge is from Xiangtan and likes to eat spicy food. Before ordering a restaurant, he specifically asked Cao Yang about his opinions. Cao Yang eats both northern and southern dishes, and there is no taboo, so he made an appointment here.

"I have lived in the United States for more than ten years, but I still can't eat the food there," Xiong Xiaoge said with a smile while squeaking the beef, "I can dream of the taste of my hometown in my dreams.

It's better for China."

"Yes, yes." Cao Yang nodded in agreement.

Mr. Xiong had met before. At that time, when Penguin held a shareholders' meeting, Xiong Xiaoge came on behalf of IDG.

IDG still holds 20% of Penguin's equity, and Cao Yang is still thinking about how to get this 20% over in his dreams.

The weather is so beautiful, now Mr. Xiong has come to him.

What should I say?

When Cao Yang thought of this, he couldn't help but burst into laughter.

...

But it is obvious that Mr. Xiong came today not to sell Penguin’s equity to him.

Cao Yang certainly wouldn't think that Xiong Xiaoge came to Beijing just to establish a good relationship with him, and having a simple meal.

Sure enough, after eating for a while, drinking a few glasses of beer, Mr. Xiong said straight to the point, "Mr. Cao, you know, I have always been very concerned about the development of the country, especially the domestic high-tech industry. I have always believed that the prospects are great and will definitely become a considerable development force in the future, even surpassing the United States.

Over the years, our IDG has invested in many companies in China. The principle we adhere to is to vigorously support the development of domestic technology companies and provide financial assistance to them.

I came this time, actually on behalf of IDG. We are very optimistic about the development prospects of your Bomi Company and hope to invest in your company and purchase some equity."

Cao Yang smiled slightly.

It's true.

Putting aside the positions of both sides, Cao Yang has a good impression of this person. Mr. Xiong looks about 40 years old and looks very friendly.

In Caoyang's memory, Xiong Xiaoge has vision and courage, courage and culture, and is very concerned about the development of the motherland.

At that time, many domestic companies could not do it without IDG support.

Moreover, IDG has an advantage. Investment is only responsible for spending money, and never asks about the company's management or participates in controlling the company's development. In other words, if you are short of money, it is very pleasant to ask IDG to get money.

If someone gives you money, you don’t care about you.

If you make money, you will be free if you lose money.

It's also a very conscientious enterprise.

In particular, Xiong Xiaoge has been fighting for benefits for domestic companies, and you can completely trust his character.

However, Cao Yang did not want to transfer the company's shares to IDG in his heart, nor did he want to work for Americans.

So he just listened quietly to Xiong Xiaoge's introduction without any expression.

Mr. Xiong looked at Cao Yang with anticipation. Seeing him look embarrassed, he wanted to persuade him, but was interrupted by Cao Yang:

"Sorry, Mr. Xiong, I have completed the financing round and have 40% of the equity sold. I can't sell it anymore."

Generally, in the first round of financing, the founder will not sell his equity too much. It is safer to start by raising the remaining 60% to 80%, which can avoid the deprivation of control in the future.

It is also more convenient to carry out the second round of financing.

Usually, a company will undergo several rounds of financing during its expansion process until it dilutes the founder's funds to a relatively low level.

So when Cao Yang said that he had sold 40% of the equity, it means that it will be difficult to carry out the second round of financing in the near future.

Moreover, in order to avoid the founder from cashing out, many financing venture capitalists will indicate in the agreement that the Creator cannot sell their equity in the next few years.

In other words, if Bomi really has completed a round of financing, then Xiong Xiaoge's possibility of acquiring the remaining equity from Caoyang is slim.

"Ah?" Xiong Xiaoge felt a little incredible.

Because he had specially done Bomi's back-tuning work before coming to Beijing, the company is very clean and has just been established. Now both products have shown outstanding strength and are a very promising company. It has not yet been raised in any way, which is very suitable for IDG.

Why did the equity be sold out in just a few days?

"Who did the equity be transferred to?" Xiong Xiaoge asked in disbelief.

"Mr. Xiong, I can't tell you about the business secret."

In fact, Cao Yang himself didn't know who to give it to him. He wanted to give it to his own people and let his father-in-law come in, but his father-in-law was afraid that he would get trapped.

Now Cao Yang wants to try it out with the National Bank, with a sincere heart and hopes to make money for the country in the future.

Hearing Cao Yang's reply, the regret on Mr. Xiong's face flashed.

But he quickly covered everything with a smile, "It's okay, if you want to give up the rest of the fuck, or if you want to make new financing in the future, you can definitely come to me.

The price offered by IDG will definitely satisfy you."

"Of course, of course, thank you Mr. Xiong for your care. I can only say that it's really a pity. It would have been a good idea if Mr. Xiong could have come here a few days earlier." Cao Yang said with a smile.

Seeing that he was so handsome and smiled so sincerely, Xiong Xiaoge didn't think about it in the direction of [lying].

In fact, it is easy to understand. Other companies are eager to get IDG investment, so who can recommend the God of Wealth that comes to the door?

"But Mr. Xiong, although Bomi's business cannot be completed," Cao Yang continued to smile with a shy face, "but I want to ask, if I want to acquire the remaining shares of IDG in Penguin, how much money should I pay?"

"Ha?" Mr. Xiong put down his chopsticks, looking like this man was crazy.

...

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