Rebirth begins with e-commerce

Betting agreements are not uncommon.

During the investment process, the financing party hopes that the company can get a higher valuation, while the investor is the opposite.

Simply put, one wants to get more money, the other wants to pay less.

At this time, in order to reach a cooperation as soon as possible, a compromise plan needs to be reached through an agreement.

Since the information between the two parties is asymmetric, the financing party is more aware of how much their company is worth, so it is necessary to protect their own interests through a betting agreement.

Luo Xiu remembered that in 2019, Prince Wang, known as the "national husband", was very popular for a while.

Everyone praised him as a business genius. In just a few years, he made 4 billion with the 500 million given by Lao Wang, and his assets increased by 8 times.

Of course, many people also said: That's because he has a good father, and I can earn 4 billion with me for 500 million yuan.

Unexpectedly, the business wizard went from making 4 billion to owing 2 billion overnight.

This day became the day with the largest number of divorces in the world, because Prince Wang’s online wives announced that they would unilaterally terminate the marriage.

When the prince is in trouble, his wife will disband.

It confirms the saying: Husband and wife are birds in the same forest, and they fly away when the disaster strikes.

Not long after, the family helped him pay off the debt. The wives realized that the 2 billion debt was nothing to his family, and they dragged their suitcases back one after another.

They claimed that the divorce was just a joke.

In fact, the so-called earning 4 billion yuan was just the valuation of Panda Interactive Entertainment. Later, the debt was 2 billion yuan because the bet failed.

Panda Interactive Entertainment, founded by Mr. Wang, has completed 6 rounds of financing, with a total financing amount of up to 1.65 billion yuan.

At the same time, a betting agreement was signed with the investors, including the terms of Panda Interactive Entertainment's listing within 5 years.

In the end, these financings were burned out and the gambling performance was not achieved. Panda Interactive Entertainment needed to repay the investors' 1.65 billion yuan and the agreed interest, totaling about 2 billion yuan.

It seems that the investor will make sure to make a profit, because if your project is completed, he can earn more. If the project is not completed, he can still get back the principal and interest.

There is no way, Panda Interactive Entertainment itself is not worth so much money. If you want to get more than one billion financing, you can only accept this kind of bet agreement. After all, the money is not caused by the strong wind.

In fact, Mr. Wang is also an investor. His capital once invested in LeTV and signed a bet agreement.

In the agreement, LeTV Sports promised to go public before December 31, 2018. If the listing fails, the equity must be repurchased in cash as agreed in the agreement. The repurchase price is an annualized 12% return for the investment principal.

According to this agreement, even if LeTV fails in the end, Mr. Wang can still get back his principal and has an annualized 12% return.

You should know that if this money is placed in Yu'ebao, it will only have an annualized 2% return.

Unexpectedly, Boss Jia fled to the United States and the betting agreement could not be fulfilled.

Others bet against you, but you can't escape after losing because you know that your parents are rich.

You bet with others, even though you win, others escape.

The reason why Yang Chen, who is from Chuangxing Capital, dares to boast about how much money you want and how much money I give you is because he comes with a bet agreement. Anyway, he can make any profit.

He dared to bet like this because he was not afraid that Luo Xiu would escape.

He knew that Luo Xiu had more valuable rice balls and Pinru E-commerce in his hands, and would not throw away the watermelon because of Zhiyin's sesame.

"What kind of achievements do Mr. Yang need me to achieve?" Luo Xiu asked.

The betting agreement is not impossible to sign, it depends on what the conditions are and whether you have the confidence to complete it.

"It's very simple. First of all, I asked Zhiyin to ring the bell and go public before December 31, 2015."

The ultimate goal of venture capital is to successfully go public and then cash out and leave the market.

Most bet agreements are aimed at this.

Luo Xiu nodded: "It's only more than three years, which is a bit difficult for me, but we will work hard for it."

"There is another condition. Before listing, each financing cannot be less than US$100 million, and the valuation of each financing can only rise, not fall."

Luo Xiu thought for a while and said, "Although we are very confident that we can complete it, the ugly words are ahead. What if the above conditions are not met?"

"If it is not reached, the financing party will repurchase all the shares, and the price is 10% of the annualized return of the investment principal."

"I understand, I need some time to think about it."

"You have 24 hours, and we hope we can sign the contract successfully at this time tomorrow."

...

...

The two shook hands and said goodbye.

Luo Xiu picked up the landline on the desktop and notified the secretary to cancel all trips for the past two days.

He needs to calm down and think carefully about whether this bet is worth the bet.

One hundred million US dollars say that it is not much more, and it is not much less, but it is enough for me to buy a large amount of music copyrights and open up a world.

Although his wealth is very large now, his valuation is all fake and he can't afford much cash.

Rice balls have the largest market value, but they lose money every year, let alone make money.

The money earned by Pinru E-commerce is all filling the losses of rice balls.

If Zhiyin wants to develop rapidly, she must follow the financing route.

At this time, the soulmate was still a child. In the eyes of most investors, this child has great potential, but it definitely cannot reach the value that Luo Xiu wants.

Therefore, if you want to get this money, you must sign this bet.

The other party also saw this.

After Luo Xiu thought it through, he took the initiative to meet with the other party the next day, and reviewed the contract with the legal affairs officer, and then signed the first betting agreement in his life.

"I really like to talk about cooperation with a cheerful person like Mr. Luo. As expected, young people are still motivated to do things."

"You can take 100 million US dollars and get it as soon as you say it. Yang is more comfortable than me."

The two of them held each other tightly with their right hands, facing the camera together, with a professional smile on their faces.

The next day, major financial news and portals published this picture.

"Luo Xiu once again succeeded in starting a business? Zhiyin received a US$100 million Series A financing for Chuangxing Capital, with a valuation of up to US$1 billion"

"Music playback software that rises due to the rise of the voice of the voice, Zhiyin received US$100 million in Series A financing for Chuangxing Capital"

"Another giant participated in dividing the music industry, Zhiyin received $100 million in Series A financing for entrepreneurial capital"

Different people feel different when they see such news.

Ordinary melon-eating netizens only stared at $1 billion in their eyes, lamenting that this young man named Luo Xiu was too easy to make money.

Just like in the future, they lamented that Mr. Wang easily earned 4 billion.

"Is this Luo Xiu so amazing? It's less than a year since Zhiyin came out, and he made him earn 900 million US dollars."

"What a god, I can only say that it is too easy for rich people to make money, and we ordinary people only earn a few thousand yuan in salary when we fight to the death."

"If this continues, the rich will become richer, and the poor will only become poorer and will never be able to turn over."

"You can't say that. Luo Xiu seems to have started from scratch, and his family has not given him any support."

"He has an average family background, but he has a good father-in-law. I heard that he has already married into the family."

"The Guan family's daughter should be a fat woman of 200 pounds. Even if Luo Xiu's little body is rich, he doesn't know how many years he can live."

...

This is what ordinary netizens say, some envy and some hate.

In the eyes of industry insiders, there is another view:

"This Luo Xiu is too greedy. One hundred million US dollars is not that easy to get. I guess the bet agreement is very harsh."

"The betting agreement is just a superficial trap. The most important thing is that the first financing is valuation of US$1 billion. So how much will your next financing be valued? It is definitely not going to decline, right? You may not be able to make the next financing. At that time, the company you have worked hard to establish may be taken away and a wedding dress for others."

"This trap is too obvious. Even if Luo Xiu has no experience and does not understand the truth, won't the people around him persuade him?"

"He has been so successful in the past few years. People will inevitably inflate him, and the people around him may not be able to persuade him."

"I don't want to have $100 million in front of me? I'm afraid it would be difficult for me to get rid of this temptation."

"Only by controlling your own desires can you achieve great things. If it were me, I would only get 10 million and return the remaining 90 million."