Cutting-edge technology: Starting with individual stealth equipment

Chapter 66 7 Major VCs

Shen Yuxin nodded: "Yes, is there anything else?"

Lin Chuan thought for a moment and added, "By the way, I'm planning to change my residence. You can take some time to look for a private villa."

Upon hearing this, Shen Yuxin asked, "Are there any specific requirements?"

Lin Chuan briefly outlined his requirements for the villa's features, with a budget of around 3000 to 5000 million yuan.

Xin'an City is not a first-tier city; this price is basically enough to buy a top-of-the-line detached villa.

Moreover, the house's physical specifications and comfort are in no way inferior to those top-tier luxury homes worth hundreds of millions of yuan in first-tier cities.

Because land prices in Xin'an City are relatively cheap, and the liquidity of villas is weaker compared to first-tier cities.

Therefore, the overall price won't be that expensive.

After Shen Yuxin finished taking notes, she looked up at Lin Chuan, hesitant to speak.

"What's wrong? Just say what's on your mind."

Lin Chuan noticed her appearance and was quite curious.

Upon hearing this, Shen Yuxin bit her lip, glanced at Lin Chuan, then looked away, and said weakly, "Um, I'd like to live with you, that way... that way it would be more convenient..."

After saying this, Shen Yuxin's face flushed slightly.

She had this idea a long time ago, but she just couldn't bring herself to say it.

Lin Chuan smiled immediately, looked at her for a while, and then laughed, "Last year I told everyone to buy houses, and I was wondering why you didn't buy one. So that's what you were thinking, you little glutton."

Shen Yuxin said in a coquettish tone, "Senior brother~"

Lin Chuan smiled and agreed, "No problem. Once we've found a house, you can move in right away. It's really inconvenient to keep running around."

Shen Yuxin immediately beamed with joy and blinked her eyes.

She immediately went to the door and locked it from the inside, then returned and walked gracefully into her desk.

"Senior brother, this little glutton is hungry..."

……

afterwards.

Shen Yuxin was by the window. She opened the window to let in some fresh air and stood there to cool herself down.

At this moment, Shen Yuxin's face was filled with happiness, and the corners of her mouth involuntarily turned up slightly with a faint smile.

To be honest, she's becoming increasingly bold and proactive.

I used to be quite nervous playing like this, but now I'm not nervous at all, and I even know how to do it very well.

A moment later, there was a knock on the office door.

"Come in."

Lin Chuan responded.

Standing by the window, Shen Yuxin glanced back at the office door, but no one opened it to come in.

She quickly realized that the door was locked from the inside, which explained why it wasn't open. She then moved forward to open the door.

The person standing outside the door was Jiang Miaolan.

She entered the office and noticed Lin Chuan sitting on the sofa.

Then, Jiang Miaolan looked at Shen Yuxin again and said meaningfully, "Judging from the situation, it's been over for a while, and you still sneaked a bite without even calling me."

"Sister Lan, I didn't..." Shen Yuxin tried to brush it off.

Hearing this, Jiang Miaolan looked at her with a half-smile: "I have far more experience with these kinds of things than you. You think you can hide it from me? Look at the desk, even the marks from when Bigu sat on it haven't been cleaned up..."

Shen Yuxin immediately looked at the desk and was taken aback, realizing something was wrong.

She grabbed a few tissues and hurriedly went over to clean up the marks on the table, her face suddenly turning red.

Shen Yuxin: "..."

After a while, Shen Yuxin said, "I'll go and get busy now."

After saying that, he immediately headed towards the office door, fleeing as if in a panic. Behind him came Jiang Miaolan's laughter: "Remember to close the door behind you."

Shen Yuxin remained silent, quickened her pace, and left the office, closing the door behind her.

Jiang Miaolan withdrew her gaze, walked towards Lin Chuan, and handed him the documents she had brought.

"This is the restructuring progress report sent by Shenhong Group."

Lin Chuan opened the document and read it, then nodded in satisfaction: "Not bad, it's going quite smoothly. At this pace, it should be finished around May."

Jiang Miaolan, who was standing next to her, suddenly got up, locked the door from the inside, and then came back.

She looked at Lin Chuan with a smile.

On the other hand, Shen Yuxin, following Lin Chuan's instructions, contacted the investors and revealed DeepBlue Technology's financing intentions for this year.

These are seven capital institutions, including Sequoia Capital, IDG Capital, Matrix Partners China, and Goldman Sachs.

After receiving the invitation, all of these major capital institutions accepted it without exception.

The meeting was scheduled for three days later at Deep Blue Technology. Lin Chuan was too lazy to talk to them one by one, so he simply invited them all to come together, and he wasn't afraid of them teaming up at all.

After handling this matter, Shen Yuxin then began to entrust a real estate consultant to look for a villa.

It's worth noting that Shenhong Venture Capital did not participate in this round of financing for DeepBlue Technology.

Su Qingyue is the second largest shareholder of DeepBlue Technology after Lin Chuan. She knows that Lin Chuan will definitely be able to develop DeepBlue Technology, and she is certain that the company will receive strategic investment from the national team in the future.

Therefore, it's important to know when to stop while you're ahead.

Otherwise, the 1 million yuan previously given to DeepBlue Technology would not have been through debt financing, but rather equity financing.

……

Three days later, in the conference room of DeepBlue Technology.

Representatives from all seven venture capital firms were present. Any one of these VC firms is a top player in the capital market.

After waiting for a few minutes, a man and a woman entered the conference room.

It was none other than Lin Chuan and Shen Yuxin.

Lin Chuan sat down and glanced at everyone present, saying, "Let's get straight to the point."

He glanced at Shen Yuxin, who understood his meaning.

Lin Chuan's financing plan was immediately distributed to the seven investors.

Everyone immediately opened and read the financing plan, which mainly had five core points.

First, DeepBlue Technology's pre-investment valuation was 750 billion yuan, and the company plans to sell 20% of its equity in this round of financing.

Second, do not sign any form of performance-based agreement.

Third, after the financing is completed, the founders or DeepBlue Technology will have the right to force a repurchase of the 20% equity stake transferred in this transaction, based on the financing amount, at an annual premium of 50%.

For example, if a repurchase program is initiated one year after financing, the repurchase price will be 1.5 times the financing amount, 2 times after two years, 2.5 times after three years, and so on.

Fourth, the investors are not allowed to sell DeepBlue Technology's equity to any third-party institution or individual. It can only be repurchased by the founder or DeepBlue Technology. If the repurchase procedure is initiated, the investors cannot refuse.

Fifth, investors must sign a concerted action agreement with the founders.

Several core terms in this financing plan are extremely favorable to Lin Chuan and DeepBlue Technology, but very unfavorable to the investors.

The advantage for investors is the annual premium of 50%, which, if considered alone, represents a very high rate of return.

The premium is 50% annually, and the longer the investment period, the higher the return, and it is a fixed income.

You won't find another investment product in the world that can bring a fixed annual return of +50%.

The problem is that there are a series of restrictive clauses.

Firstly, the shares cannot be freely traded; they can only be repurchased by the founders or DeepBlue Technology.

The investors cannot sell to a third party, and once the buyback process is initiated, they cannot refuse.

Furthermore, Lin Chuan did not sign any performance-based agreement clauses, which means that the investors have no effective constraints on him.

Under normal circumstances, investors would never accept such a proposal, and no founder would dare to put forward such a proposal, because it is simply a pipe dream.

……