While the League of Legends was being tested in full swing, Su Chengyang quietly left Yanjing and flew south to Pengcheng.
He was accompanied by Lin Haishen and other members of the Oasis Investment Yanjing Branch.
At this time, Su Chengyang, who was sitting in the first class cabin, was holding a document about the”Dajiang” company.
That is, the company that later became famous in the field of drones and occupied the absolute dominant market share of the global civilian drone market.
This trip south was mainly to invest in this company.
In addition, he had to go to Hong Kong on the way.
In order to win this future leading company in the field of drones, Su Chengyang spent some time and specially used the gold finger to check the development history and financing details of Dajiang drones.
According to the original history, the company first raised funds in 2010 and received a $10 million investment from IDG.
Two years later, it received a $30 million investment from Penguin.
In 2014, it once again received a $100 million investment from multiple venture capitals.
The following year, it received another $150 million investment led by Penguin.
That is to say, before Dajiang went public, it raised a total of 4 rounds of financing, with a total of $290 million in financing, creating a unicorn with a valuation of more than $20 billion.
In terms of the scale of burning money, it is much smaller than those companies such as Magnesium Group.
The key is that Dajiang has great potential.
It has only entered the field of civilian technology. If it can enter the military field, it is estimated that the valuation can grow a lot….
At 11 o’clock, the plane landed in Pengcheng
“Hello, Mr. Su.”
The hotel’s airport steward and driver greeted him respectfully. Before coming, they had booked a five-star luxury hotel in Pengcheng through an online platform.
After a few simple polite words with the hotel staff, the group got in the car and drove towards the city center.
The hotel they stayed in was the JW Marriott Hotel Pengcheng.
It was opened in February this year.
Located in the core commercial center of Futian, it is considered one of the top five-star hotels in Pengcheng.
Su Chengyang stayed in the hotel’s executive presidential suite, which cost several thousand yuan a night. It had an independent swimming pool, bathroom, bedroom, living room, gym, etc.
The accompanying personnel also stayed in the executive suite, which cost several thousand yuan a day. There were not many guests in total. As a person, Su Chengyang can still afford this amount of money. After completing the settlement formalities and resting in the hotel for a while, he had his meal in the hotel restaurant and went straight to Dajiang Company.
Pengcheng in March is full of greenery.
The warm sunshine sprinkled all over the earth, and it didn’t feel hot when it shone on people.
Dajiang Company is located in the University Town Entrepreneurship Park in Nanshan District. It is not far from the hotel where we stayed. After sitting for nearly half an hour, we arrived at the Entrepreneurship Park. There were buildings of different heights nearby, most of which were less than ten stories high.
After asking the staff of the park, several people came to a seven-story house.
Dajiang’s initial capital of 2 million was from Wang Tao. Together with two classmates who did their graduation project together, the three of them jointly funded the establishment of the company. The parent company is in Hong Kong, but the actual office is located in a private house in Lianhua Village, Futian.
Among the team members, only Wang Tao has a technical background.
Later, his mentor also joined and brought funds.
Then the office moved from the private house to the entrepreneurial park in Nanshan District.
With the support of policies, it has developed all the way to where it is today.
However, the problem is that the funding has bottomed out.
Moreover, the research direction is not drones, but remote-controlled helicopters.
Seeing that the funding has bottomed out, just when Wang Tao was about to look for venture capital institutions to see if he could raise funds, a company in Yanjing called” Oasis Capital, an investment company, sent a letter, wanting to come for an inspection.
This was undoubtedly a life-saving straw for Wang Tao.
Especially after knowing that the other party was an internationally renowned investment institution, Wang Tao attached great importance to it.
Therefore, when the inspection time was confirmed, Wang Tao brought his mentor Li Zexiang to the bottom of the building to greet them.
When he saw that the leader was a young man who looked younger than himself, Wang Tao was a little surprised. He immediately thought of the rumors about Su Chengyang on the Internet.
After knowing that the person in front of him was very likely the”predecessor” who had successfully started a business in Silicon Valley, Wang Tao raised his glasses, exchanged a glance with Li Zexiang beside him, and then greeted him with a smile.
“Is it Mr. Lin from Yanjing?”
Wang Tao greeted Lin Haishen first.
He was not sure about Su Chengyang’s identity.
But Lin Haishen had a photo on the Internet, so Wang Tao could recognize him at a glance.
“Hello, Mr. Wang, this is the chairman of our company.”
Lin Haishen shook hands with Wang Tao, and then introduced him to Su Chengyang.
Wang Tao knew that his previous guess was correct, so he extended his hand enthusiastically and said,”Hello, Mr. Su.”
Su Chengyang looked at Wang Tao in front of him, a faint smile appeared on the corner of his mouth, and shook hands with him.
“This is our chief technical engineer and my mentor, Li Zexiang”
“Hello, Mr. Li.”
Li Zexiang is a middle-aged man in his fifties, with sparse hair. It can be seen that this science and engineering man has stayed up late to think.
After knowing the identity of the person in front of him, Li Zexiang shook hands politely.
“”Everyone, please come in.”
After some greetings, Wang Tao invited everyone to enter the building.
They nodded and went to the sixth floor.
Dajiang only occupies a small area.
After entering the company, there were not many people. At a glance, there were only about 20 people working.
For a startup company, it was not small.
The group was taken to the conference room.
“Everyone, please take a seat.”
After Su Chengyang sat down, he looked at Wang Tao opposite him with a sharp gaze, his face solemn, and said in a concentrated voice:”Boss Wang, I won’t waste my words. This time I came here mainly to discuss cooperation. Well, to be frank, I am optimistic about your technology in remote-controlled drones, and hope to���”Work together.”
Without waiting for Wang Tao to speak, Su Chengyang clapped his hands, and Lin Haishen stood up and took out a document and handed it to Wang Tao.
Su Chengyang said,”This is our offer. Mr. Wang and Mr. Lin can take a look first.”
Su Chengyang’s strength and decisiveness made Wang Tao and Li Zexiang a little uncomfortable.
The two opened the document and took a look. When they saw that the investment was 20 million US dollars and the shares accounted for 70%, they couldn’t help frowning. It’s not that Su Chengyang’s price was low, on the contrary, the price was far beyond their expectations.
The reason for frowning was that Su Chengyang wanted too many shares.
70% of the shares is equivalent to losing the controlling rights of the company. The two did not want the company they worked hard for to be kicked out one day.
Wang Tao and his mentor Li Zexiang looked at each other, then Wang Tao turned his head and looked at the opposite side, with a calm face. Su Chengyang said,”We are very satisfied with this price, but Mr. Su, we don’t want so much money for the time being.”
Su Chengyang raised his eyebrows:”Then how many shares do you plan to transfer?”
“30%”
Wang Tao added:”Eight million US dollars!”
Su Chengyang shook his head:”Too little………..”
“So, I’ll take a step back and still pay 20 million USD, I only want 67% of the shares…………”
“You don’t have to worry. I’m just investing. I’m not here to compete with you for control of the company. I won’t kill you after you’ve done your job.”
After a pause, he looked at Wang Tao solemnly,”In addition, as a major shareholder, I will support Mr. Wang without hesitation. This will never change until we cash out and leave.”
Wang Tao’s face showed a hint of kindness. He was not surprised that Su Chengyang could guess his thoughts.
After all, his words just now revealed that he was afraid of being kicked out.
After thinking for a while, Wang Tao still felt that the shares were too much. Although Su Chengyang had promised, who knew whether the future would really be as he said now.
“Mr. Su, look at this”
“13 million US dollars, we will transfer 51% of the shares.”
Su Chengyang frowned, showing a trace of displeasure on his face.
“What? Mr. Wang doesn’t believe in my character anymore?”
“If Mr. Wang is really worried about losing control of the company, he can add a clause when signing the equity transfer contract to let Mr. Wang manage and exercise the company’s voting rights.”
“call~~”
Wang Tao’s eyes moved slightly, and he was caught by Su Chengyang’s words.
If Su Chengyang really added one more clause to the equity transfer contract and gave him the voting rights, it would be able to ensure that he would not be kicked out.
“Mr. Su, we need to discuss this matter, what do you think?”
“OK, this is my business card.”
“I will stay in Pengcheng for one day and leave for Hong Kong the day after tomorrow. I hope to receive good news from Mr. Wang before I leave.”
After handing over the business card in his hand, Su Chengyang stood up and prepared to leave.
“I’ll take Mr. Su.”
After accepting Su Chengyang’s business card, Wang Tao stood up and took the initiative to take Su Chengyang……
“Chairman, I don’t think this remote-controlled helicopter company is anything special. Is it worth investing so much money?” Sitting in the car rented by the hotel, Lin
Haishen asked.
He really couldn’t see why this Dajiang company was worth investing in. The helicopter products it has been researching have not sold a hundred orders. Such a company, even if it has potential, is not worth so much money. At best, it is worth a few million US dollars.
“The company is nothing special, but their research is still valuable. It’s just that they are looking for the wrong application direction now. If they make corrections and adjustments, there is still a bright future.”
“Moreover, when investing in a company, we should not look at the present, but the future.”
“Besides, this time I am investing in people, not companies.”
Sitting in the business car, Su Chengyang said with sparkling eyes
“oh…”
Lin Haishen nodded thoughtfully.
“Master, don’t go back to the hotel yet, let’s go to Pengcheng Bay Houhai.”
Su Chengyang suddenly said
“”Okay, sir!” the driver replied, and then turned around and headed towards Pengcheng Bay in Nanshan District.
“Chairman, why are we going to Houhai?”
Lin Haishen asked doubtfully.
Su Chengyang said calmly,”We are going to see a place.”
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