Song Rushi organized a negotiation team within a few days and began discussions with the personnel from IDG. Since the tone had already been set, the progress was very smooth.
In the end, the financing agreement reached by Jiang Yizhou was basically consistent with what had previously been finalized with McGowan. The difference was that 15% of the financing amount was directly allocated to Jiang Yizhou as the founder, meaning Jiang Yizhou suddenly had money, not considering the debt from acquiring 5% of the shares before financing.
With a puzzled expression on Jiang Yizhou's face, Song Rushi, Schmidt, and others breathed a sigh of relief. They no longer had to worry about not being able to pay salaries. With Boss launching one plan after another, just the costs for servers and bandwidth were already substantial. They had been encouraging employees with the progress of financing.
Fortunately, this time, the $15 million received, after deducting Jiang Yizhou's portion, was at least enough to last until the end of 1997. If there weren't so many plans in place, several executives were concerned about whether Jiang Yizhou would occasionally come up with new ideas.
As for the next round of financing, they would have to implement an AB share system, or perhaps Jiang Yizhou would have sold the company. It was highly likely that America Online would take over, given its historical limitations. The products that Jiang Yizhou developed were exactly what it needed, having a sufficiently large user base!
Once qi occupied an undisputed position in the American market and began to expand into surrounding content products, firmly binding users, Jiang Yizhou felt that whether he continued or sold to America Online, there would be substantial rewards.
As for which option to choose, who knows? Until that time comes, he couldn't make a decision himself.
Currently, he still felt comfortable with around 55% of the shares.
This could only be attributed to the limitations of a startup, especially since he was in a domestic environment where the Internet was just beginning. Being able to secure venture capital through an Internet project was incredibly fortunate. If he had missed out on IDG because he was reluctant to part with shares, he wouldn't have achieved his current results.
In that case, he would probably still be learning how to develop a workshop-like Training Class into a company like New Oriental.
The hardest part of life is having a stop-loss line. For example, when living and working in a big city, what is the stop-loss line? It's a house. It can prevent you from worrying about not being able to buy one or repay its price and keep you from being on the brink of bankruptcy. Housing expenses can be one of the biggest expenditures for future wage earners.
Without initially giving up 40% of his shares, there wouldn't be today's valuation of over $100 million. Jiang Yizhou was very clear about this point.
After finishing his busy work, he couldn't wait to find Ding Zhengnan after the weekend. He wanted someone to share his joy with.
Facing Ding Zhengnan, Jiang Yizhou was unsure of his feelings because throughout this relationship, it had always been the girl who took the initiative. He had just passively gone along with it, even recently wanting to end things in a fit of anger due to her aunt's influence.
However, feeling the girl's sincerity and tenderness made him reluctant to let go. Perhaps this is also a part of love; Jiang Yizhou couldn't quite understand it, but he thought it might be worth continuing and giving it a try...
There are many moments in life that make one's heart flutter. A chance glance at someone captivating on the street could plant the seeds of love. Jiang Yizhou felt the same way; a girl who could go to such lengths for him had already raised his affection significantly.
"Ding dong... ding dong..." Jiang Yizhou stood in front of Lu Feiyan's apartment with a bouquet of red roses he bought from the flower shop. He didn't understand the language of flowers; he simply told the shop owner he wanted something for his girlfriend, and the owner helped him pick out a bouquet of red roses.
"..." The one who opened the door was Lu Feiyan, wearing an expression that was both displeased yet somewhat accepting, which made Jiang Yizhou feel equally uncomfortable.
"Come in and sit!" With Ding Zhengnan still there, Lu Feiyan naturally couldn't act too warmly. She coldly invited Jiang Yizhou to sit in the living room while she went to Ding Zhengnan's bedroom. "Ding Zhengnan, Jiang Yizhou is here."
Ding Zhengnan immediately felt delighted. Upon entering the living room, he didn't notice the awkwardness between his aunt and boyfriend; mainly because he hadn't expected their relationship to become so strained after only meeting a few times.
"Ding Zhengnan, this is the flower I brought for you!" Jiang Yizhou handed over the bouquet of red roses that he had been holding awkwardly. She should like this gift, right? With his limited romantic experience and superficial knowledge learned from romance dramas and movies, this was all he could think of.
Of course, if he had known that the meaning of red roses is "I love you," he wouldn't have given such flowers but rather yellow hyacinths, which signify "I'm happy to be with you." Although there would be no difference for Ding Zhengnan, it would mean a lot more to Jiang Yizhou.
"Aunt, do we have a vase at home?" Ding Zhengnan took the bouquet of roses and enjoyed inhaling their fragrance deeply before urging Lu Feiyan to find a glass vase and carefully arrange the flowers.
"Is this all you brought? Why not bring 999 flowers?" Lu Feiyan remarked as she watched her niece immersed in the art of flower arranging while speaking somewhat oddly with Jiang Yizhou.
After that incident, Jiang Yizhou not only did not have a falling out with her, giving her a chance to stir up trouble between them, but unexpectedly, it brought the two of them closer together.
Just a few days ago, an announcement from Ailumeisi Company caused a sensation in Silicon Valley. Ailumeisi received a $15 million investment led by IDG. Because this name was exactly the same as someone else's—specifically, the online name of the person next to her—she spent some extra time to learn more about it.
IDG invested $15 million for a 15% equity stake, valuing the company at over $100 million. Connecting these details with Jiang Yizhou made her attitude towards him improve.
When someone achieves accomplishments beyond your imagination, you cannot deny their success and excellence, and Lu Feiyan found herself in such a slightly conflicted state.
"That's quite a bit of money; I don't have much in my pocket!" Jiang Yizhou casually remarked. This was part of the reason; the other part was that he felt it was wasteful. Just look at how big this vase is; sending eleven is already enough. There’s no need for 999 when there’s no place to put them.
"Oh~~ How could a newly minted billionaire possibly be short on cash?" Lu Feiyan said meaningfully.
Jiang Yizhou shrugged, "No money means no money. It's just wealth on paper; it can only be realized when shares are sold or when going public. Do you really think capital games are that easy?"
"What are you guys talking about? What billionaire?"
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