Chapter 1064: Feeling Grateful
Chapter 1064: Feeling Grateful
The show "I'm Back in 1990" is full of classic quotes, so come and find resonance.
Three days later, Attorney Fang, who was in charge of the angel investment, came to Yang Rui's coffee shop. Accompanying her was the investment vice president surnamed Chen, as well as his entourage. They were there specifically to assist Tang Ruixuan in completing this angel investment.
The sudden influx of people into the coffee shop surprised Yang Rui. Usually, there aren't many people coming to drink coffee at this time in the morning, but today was unusual.
Just as Yang Rui was lost in thought, Tang Ruixuan arrived.
Yang Rui noticed that all the people who looked like business elites who were drinking coffee in the store had stood up.
Tang Ruixuan politely shook hands with each of them.
"Thanks for your hard work!"
"Thank you for your help!"
Yang Rui then realized that these people had come here because of Tang Ruixuan.
Yang Rui quickly greeted Tang Ruixuan.
"Xuanxuan!"
"Hello, Sister Yang, may I borrow this place for a moment? I'm sorry to trouble you."
While busy preparing guixia for Tang Ruixuan, Yang Rui waved her hand with a smile, "What are you saying! I should be thanking you!"
The preliminary plan has been finalized. Tong Hua's startup was valued at 750 million before the investment was completed. After Tang Ruixuan invested 500 million, the company was valued at 1250 million, and Tang Ruixuan held a 40% stake.
However, Tang Ruixuan plans to make some adjustments to the equity structure.
"Attorney Fang, there's a detail I'm planning to adjust."
Upon hearing this, everyone present turned to look at her.
Everyone was momentarily stunned.
Attorney Fang responded quickly, "Okay, I'll draft a new share allocation agreement right now."
But then she added, "Ms. Tang, this allocation is legally feasible, but as a lawyer, I must remind you that once the shares are registered in your uncle Huang Xiaochuan's name, it means that the voting rights and profit rights of these shares belong to him, and you can no longer dispose of them unilaterally."
Tang Ruixuan had clearly thought this through beforehand. She nodded and said, "I understand. I will discuss it with my uncle and ask him to authorize me to vote, while he will retain the right to receive the profits."
"Then I have no other questions." Attorney Fang nodded. Who says rich kids are brainless? None of the ones she's met are simple-minded.
Tang Ruixuan immediately called her uncle Huang Xiaochuan and told him her idea. Huang Xiaochuan was surprised but also pleased. Therefore, he did not refuse Tang Ruixuan's kindness and would sign a concerted action agreement to authorize Tang Ruixuan to vote.
At eleven o'clock, Tong Hua also arrived. He was a little uneasy. He took a deep breath at the door before walking into the coffee shop.
After exchanging greetings with everyone, Tong Hua sat down opposite Tang Ruixuan, but he was still a little reserved, as this was the first time in his life he had experienced such a scene.
Without any pleasantries, they went straight to the point.
"Mr. Tong, this is the latest version of the capital increase and share expansion agreement. We have already explained the key terms in detail in our communication the day before yesterday, but I still suggest that you read it carefully again from the beginning."
As he spoke, Attorney Fang pushed a document in front of Tong Hua.
Tong Hua nodded, opened the document and began to read it carefully. To be honest, the legal terms on it made him dizzy, but he still tried his best to read it line by line.
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When he saw Article 4, Paragraph 3, he paused for a moment.
"What's the deal with this voting rights delegation?" He looked up at Tang Ruixuan.
But Tong Hua's expression still seemed somewhat confused.
Seeing this, Vice President Chen smiled and explained: "Mr. Tong, this kind of structure is very common in angel round investment. Ms. Tang's arrangement ensures the decision-making efficiency of the startup team and provides reasonable protection for the rights and interests of your supporters. For you, you only need to deal with Ms. Tang as the shareholder representative."
Tong Hua thought about it and felt it made sense, so she continued reading.
When he saw Article 8, which covered the preemptive right, co-sale right, and anti-dilution clauses in subsequent financing, he looked up again and expressed his confusion about this article.
Attorney Fang immediately explained: "These are standard protective clauses, mainly to prevent the founding team from introducing new shareholders without notifying investors after the company grows larger, or the founders from selling shares at a low price. The investment guide that Vice President Chen sent you has a detailed explanation."
Tong Hua nodded, his attitude appearing very honest: "I've read it, but to be honest, there are many parts I still don't understand."
Then Vice President Chen said gently, "Mr. Tong, you don't need to think about fully understanding all the terms right now. You just need to remember one thing: the purpose of these terms is to protect the common interests of both you and Ms. Tang, not to restrict you. When your company develops in the future, you will understand the function of these terms."
At this moment, Tang Ruixuan said, "Senior, if you're really worried, you can hire a professional lawyer to review it for you. I'll cover the fees."
Tong Hua quickly waved her hand: "No need, no need, I believe you."
Not long after, Tong Hua turned to the last page, where the equity structure table clearly stated:
Pre-investment valuation: 750 million yuan.
Capital increase amount: 500 million yuan.
Post-investment valuation: RMB 1250 million.
among them:
Tang Ruixuan (angel investor): invested 250 million yuan, accounting for 20%.
Huang Xiaochuan (angel investor): Invested 250 million yuan, accounting for 20%.
Tong Hua stared at the three characters "Huang Xiaochuan" on the equity structure table, her eyes widening, her mouth opening and closing, but she didn't know what to say for a moment.
Of course he knew the name.
Asia's richest man, a very legendary figure.
His business empire spans multiple industries, all of which are leading companies. Many entrepreneurs have regarded him as their idol.
Tong Hua felt her head buzzing.
He finally managed to lift his head: "This yellow one?"
Tang Ruixuan nodded: "You guessed right, Huang Xiaochuan is my uncle."
Tong Hua found it unbelievable: "Your uncle? Huang Xiaochuan, Asia's richest man, is your uncle?"
At this moment, Attorney Fang and Vice President Chen stopped what they were doing and watched this scene with smiles. They were already used to it.
Tang Ruixuan pushed the coffee cup in front of Tong Hua: "Senior, why don't you have something to drink first?"
Tong Hua then understood why Tang Ruixuan was able to easily obtain all kinds of computer hardware and access the latest computer technology.
He recalled the investors he had previously contacted, who were either uninterested or offered a few hundred thousand yuan in exchange for controlling interest.
Thinking of this, he couldn't help but feel grateful.
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