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Moreover, due to competition from competitors, the financial pressure will be too high, and before going public, you have to sell your shares at a low price to raise funds crazily.

Penglai Pavilion has long entered the profit model and has begun a positive cycle.

You should know that when Penglai Pavilion first first came to its foreseeable position, a lot of capital came to them to raise funds.

However, with the lessons of the past, Mr. Wan, who was scared by capital, was very cautious this time.

For these capitals, he did not open his arms, but waited until Penglai Pavilion's development took a step forward before choosing the A round of financing.

When it was the A round of financing, Penglai Pavilion's valuation had already exceeded 100 billion soft girl coins!

This is already a phenomenon in the country!

The financing targets chosen by Penglai Pavilion this time are completely different from those in the past.

In the past, Mr. Wan might be more inclined to the capital represented by those Internet tycoons.

Because everyone is private capital and is engaged in the Internet, they are born closer.

But this time, Mr. Wan didn't hang them at all.

Firstly, he was cheated by these big guys last time, and secondly, after being with Xiao Feng for a long time, he no longer looked down on the situation of these big guys.

Don’t watch these guys pour chicken soup into the vast number of hanging silk in front of the camera every day and be life mentors.

But what about it?

What they value most is interests, and they are the kind of nonsense, and their eating habits are extremely ugly.

What's on the surface, what's all about it, what's all about it.

He instills poetry and chicken soup from afar in his mouth, but in fact he oppresses young people every day and tells them that this is a blessing.

When the other family passed thirty-five and the squeeze was almost done, they would fire the person.

With just a few bosses like this, Mr. Wan really wanted to stay away from them.

Because the purpose of their existence is to squeeze out the last copper plate on young people.

Mr. Wan is now a young man with ideals. What he wants to be an entrepreneur, not a capital animal with only money in his eyes.

So this time, Mr. Wan chose to cooperate with the state-owned system capital.

A part of the original stock was given to Xiao Feng, and another five percent was given to several state-owned banks, securities companies, and a top state-owned pharmaceutical company in China.

As for those capital tycoons in the Internet system, haha, I will all stand aside.

Although these state-owned systems' capitals are sometimes stiff in their attitude towards certain things.

But they also have one advantage, that is, they are different from those bigwigs in the Internet system, that is, they will not ask Mr. Wan to sign a bet agreement.

It will not require control of Penglai Pavilion.

It is true that the capital tycoons in the Internet system are used to give you a very high valuation.

Moreover, the valuation they give is often several times your own estimate, which makes you feel moved by their quotes at once.

For example, the capital of the state-owned system is relatively rigid because it is restricted by rules and regulations and likes to act according to the rules.

If you take out 5% of it, they will give you a very conservative valuation, which is worth 5 billion.

But those bigwigs in the Internet system will tell you, Oh! Brother, your company is amazing, this 5% of the shares are worth 500 billion!

But when you sign the contract in the end, you can see the difference.

Although the state-owned system has given 5 billion yuan, they will not ask for too much.

Because their purpose is that as long as your company continues to operate well, it can provide the society with stable employment, pay taxes according to the regulations, give me stable dividends, keep my assets worthwhile and increase their value steadily, that's OK.

After all, my assets belong to the country, so it’s OK if I have to be responsible to the country!

And they won’t ask too much for your company. If you ask them not to interfere in the business, they will definitely not interfere.

At best, a few people will be sent to exercise the rights of supervisors and will not interfere too much in the business.

And the capital of the Internet system is a completely different matter.

Yes, they evaluated you five percent of your shares to 50 billion.

But when signing the contract, they will say, brother, you see, I give you such a high valuation, we also take a lot of risks. Do you think we are signing a bet agreement?

By this time next year, either you will expand the company's profit scale to several times, or you will tinker with the company to list.

If you can't do it, then you will return my investment to me with principal and interest.

Or you give me as much shares in the company.

And ordinary company operators are probably already blinded by the huge number of 50 billion.

Damn, can five percent of the shares be exchanged for 50 billion?

And according to the company's current operating conditions, will it be a big deal to go public by this time next year?

So I was very happy to sign contracts with those Internet companies.

But these Internet capital companies are different from those of the state-owned systems.

The ultimate goal of capital investment in the state-owned system is not to make money. Their original purpose is to maintain the value of assets. If it can increase the value, it is best.

If the value cannot be added, then you cannot lose money!

Therefore, their tolerance limit is very high, and they will not interfere too much in the operation of your company, because what they fear most is to bear responsibility and infamy!

Such a pot will seriously affect the channels for officials to rise.

And the capital of the Internet system is a completely different matter.

They are not responsible to the state, they are only responsible to shareholders.

The biggest demand of shareholders is to maximize their interests and require the highest return on capital.

So they invested you 50 billion, and after that year, they would take back several times the real money, or even more.

And it is impossible for you to not allow them to participate in the management and operation of the company.

Even if they say they won’t participate, they will send someone to secretly learn the operating model of your company, or even secretly contact the backbone of your company, and if they find opportunities, they will want to secretly poach them.

Because what they always think about is maximizing interests.

If your company is well run and the legal department is very good, give them no loopholes in the contract preparation.

Then they won’t make trouble, they will wait for your company to raise BCD rounds and then go public and cash out.

But if your company's legal department is of average level, the contract signed for them is full of loopholes.

Haha, then you can wait!

Even if your company is running pretty well, the people they put in will be fussed and cause trouble for you in the company.

Infighting and internal friction are a big way to drag you down anyway, so that you cannot achieve your goals on time before the contract is terminated in the coming year.

Cannot go public or double the company's performance.

In this way, they will force the palace, either you will lose money with principal and interest, or you will give them more shares.

Most people will choose their shares, and when their shares increase, the company will gradually become their playthings.

At that time, they will kick you out, and your company will eventually become their company.

Then they packaged and beautified the company, then used various resources to speculate, and finally took it to the stock market to crazily cut leeks.

Basically, three years later, a company that was originally thriving will be destroyed by them.

Unless this company is technically unique, it will become their ultimate core asset.

However, this is not often the case.

There is another situation where you are a very strong person as a company leader.

When the people they inserted were in trouble, they put them in a strong suppression so that they could not make trouble.

Then they will think of another way to destroy you.

For example, they will set up another company similar to yours, because the person who has inserted it has basically learned the structure and concept of your company.

It will be easy for them to set up other counterfeit companies. At the same time, they will send people to quietly contact your company's technical backbones and then dig your corners.

How many people can resist the temptation of high salary and high positions they give?

The final result is that although you saved the company, you were seriously injured.

And they will also set up a copycat company to compete with you on the market and fight price wars.

And they will eventually defeat you in the market by relying on the advantages of capital.

Thinking back then, the first Internet company founded by Mr. Wan was destroyed by two capital tycoons in the Internet industry.

It is also because of this that he hates the capital of the Internet system.

So this time he chose the capital of the state-owned system. Although this group of people is rigid in many aspects, they all have to act according to the rules.
To be continued...