Back at school, Xu Yiyang sent Shen Lele back to the dormitory.
The first thing I did was to call my dad.
He was not very clear about the situation of the Chen family. Although the four members of the Chen family were inside, no one knew if there were anyone else in the Chen family.
If the news of the death penalty approval makes other Chen family members collapse, will these people seek revenge on their own family members
Therefore, he wanted to discuss with his father that from now on until Chen Xuesong's execution is completed, it would be best for his father, mother and sister to come to Zhonghai for a while.
After calling him and telling his father what he thought, Dad Xu said, "I've known about it for a long time. I didn't want to tell you because I was afraid that you would be mentally burdened."
As he said that, Dad Xu added, "Captain Li from the criminal police team came to the house in the afternoon and told us about this matter."
Xu Yiyang hurriedly asked: "What did Captain Li say?"
Dad Xu said: "Captain Li said that Chen Xuesong has no close relatives in his family. His parents only have an uncle and an aunt. His uncle is in your province. He went there during the third-line construction and has taken root there for decades. I haven't been back a few times in total, and his aunt has also married out of town."
Xu Yiyang said: "That's just in case, in case there are any friends in society who can stand up for him."
Dad Xu said: "Captain Li said that during the recent period, he will arrange for people to secretly protect me, your mother, and your sister."
"Is there such a service?" Xu Yiyang asked in disbelief.
Dad Xu said, "I guess I know you were on TV some time ago and have a lot of influence, so I'll take special care of you."
After saying that, Dad Xu added: "In short, you don't have to worry about us. It's not convenient for you if we go there. The main reason is that your sister is too nervous to study now and can't relax."
Xu Yiyang was relieved when he heard that someone from the criminal police team was protecting him.
He had also told his driver Zhang Chong before to organize some people and secretly take care of his family. In this way, the double insurance would be much safer.
Xu Yiyang returned to the dormitory, 309 was empty.
Zhang Junnan is busy in love, and the other four are enjoying the heating in the club, and they probably won't come back until the dormitory closes.
It was rare for Xu Yiyang to be alone in the dormitory and he rarely smoked. He unconsciously found a cigarette from the drawer, lit it and took a few deep puffs.
Chen Xuesong's death sentence, no matter what, formed a deadly feud with the Chen family.
It would be best if relatives from the side branches of the Chen family should not get involved in this matter. In this case, Chen Xuesong's parents and his sister Chen Xuefei would be sworn in with him if Chen Xuesong dies.
Xu Yiyang calculated in his mind that after Chen Xuesong's execution, among the three remaining people, his father should be the first one to come out.
His father's sentence is five years, and according to the law, the time served cannot be less than half.
In other words, if he is released, he will have to serve two and a half years in prison at the earliest. Calculating the time, he will have to wait at least two more years.
As for Chen Xuesong’s mother, she will have to wait at least another two and a half years.
Chen Xuefei was a bit cold. She was under the age of eighteen and received a maximum sentence of life imprisonment. According to the law, the actual sentence cannot be less than thirteen years.
In other words, after two years, I will start to keep an eye on Chen Xuesong's parents to see if they will cause trouble for me and my family after they come out.
As for Chen Xuefei, don’t worry about her problems again in 2012.
While he was thinking about it, Xu Yiyang's cell phone suddenly rang.
He looked down and never expected that it was a call from Mr. Teng Xunma.
Although he was a little surprised, Xu Yiyang answered the call immediately.
"Mr. Ma, hello."
"Hello, Mr. Xu!" Mr. Ma said with a smile, "How are you doing lately?"
"Very good." Xu Yiyang asked, "What about you? How are you doing lately?"
Mr. Ma said: "It's been pretty good recently. We've been working hard on promotion to increase users. Currently, the number of registered users of QQ has exceeded 6 million!"
"Six million?" Xu Yiyang said in surprise: "It's so fast! I thought it would take two thousand years to break through five million. It seems that your development speed is indeed very fast."
In my memory, QQ broke through the five million user mark in April 2000.
It seems that I solved their financial problem in advance, allowing them to develop much faster.
Mr. Ma smiled and said: "Yes, Mr. Xu, our development momentum has been very good recently, so I have an idea to conduct Series B financing in the near future."
Xu Yiyang's heart skipped a beat.
Financing again? But I don’t have much money left.
I just finished investing in Alibaba some time ago, and then I will invest in SuperX. Then I have to open a store and stock up on goods, and I only have ten to ten million in hand.
Although Jiayang Education has some surplus, it still needs to invest a large amount of money for its own development, so it cannot use it for its own emergencies, and the key is, it can't use it much.
More importantly, Tengxun's current development momentum is so good. If it raises funds now, its valuation will be at least three to four times or more than the last time it invested.
The last time I invested, it was based on a valuation of 12 million.
This time, it is estimated to be valued at at least 60 to 70 million.
So, Xu Yiyang hurriedly asked him: "What is your financing valuation plan this time? How many shares are you planning to sell?"
Mr. Ma said: "Now the development speed is relatively fast, and the popularity of the Internet continues to increase. Now some capital has extended an olive branch to us, so I plan to raise funds based on a valuation of 20 million US dollars, sell 15%, and raise 3 million U.S. dollars or equivalent in RMB.”
Xu Yiyang said in surprise: "Twenty million US dollars? Can capital afford this price?"
"Yes." Mr. Ma said: "With capital from Hong Kong, as well as capital from the United States and South Africa actively contacting us, there should be no problem with this price."
With that said, Mr. Ma added: "I'm calling you mainly because you signed a preferential investment rights before, so I want to ask you whether you are going to follow the investment this round or dilute your shares with us." ?”
Xu Yiyang did ask for the right of priority investment, which meant that he could refuse to dilute his shares and at least participate in the investment for his own part.
If you participate in the investment, you will have to contribute 40% of the total financing plan of US$3 million, which is US$1.2 million. Equivalent to nearly 10 million yuan.
If you can't afford this ten million, you have to choose to dilute your shares and give 15% of your 40% to capital, which is 6%.
After diluting it, 34% will remain.
34% of Tengxun shares still seems like a lot, but because he knows the huge potential of Tengxun in the future, he will feel painful even if it is diluted even a little bit.
In this round of financing, the total dilution is 15%, which means that Mr. Ma’s team holds 60% of the shares and they have to release 9% of the shares.
If you not only do not dilute the shares, but also want to get the 9% of the shares that Mr. Ma's team plans to dilute, then you need to pay $3 million alone, which is almost more than 25 million.
How can I have more than 25 million now
So, Xu Yiyang immediately asked him: "Mr. Ma, when do you specifically plan to raise funds? In other words, when will you need the money?"
Mr. Ma thought for a moment and said: "We are already a little stretched on funds, so we have to start running after New Year's Day."
As he spoke, Mr. Ma said with some melancholy: "Mr. Xu, to tell you the truth, although our user base has grown rapidly, the biggest problem is that we have not yet found a good profit model, so the company's books are only If you don’t enter, the expenses will be relatively high.”
"I understand." Xu Yiyang wanted to calm him down first, so he said: "In this case, you should focus on the company's operations first, and give me some time to think about the financing to see whether to join the investment or not cast."
"Mr. Xu, are you considering investing fully?"
Mr. Ma was a little surprised. He didn't expect Xu Yiyang to be so supportive and optimistic about him, and even wanted to invest in the entire B round. How confident does he have to be in himself
The key is that I can't find a profit model now, and I'm not very confident about the future.
After thinking about it again and again, he said to Xu Yiyang: "Mr. Xu, please give me a clear answer as soon as possible, because I have made an appointment with these capital companies to meet and chat after New Year's Day."
"OK." Xu Yiyang breathed a sigh of relief and said, "I will give you an answer after New Year's Day."
After hanging up the phone, Xu Yiyang felt a little anxious.
The funding gap in my hand is too big. There is only one week left before New Year's Day. Where can I get so much money
(End of chapter)