Chapter 221 14.1 billion yuan! Small goals are on fire!(1/2)
On May 13th, Yang Nian returned to H City to inform Muyang about Naixue’s work and venture capital situation.
As of today, Naixue has a total of 145 stores and a dozen physical stores in good locations.
The monthly turnover of a single store dropped from 2.8 million yuan last month to 2.65 million yuan, a decrease of about 350,000 yuan compared with the same period last year. It is estimated that it will continue to decline in the next few months. Although there are 15 more stores opened this month than last month
stores, but the pre-tax profits are exactly the same.
Nearly two months since the last share transfer, Naixue’s valuation has increased slightly, with several venture capital valuations ranging from 16.5 billion to 17.5 billion yuan.
Mu Yang knew that it was time to transfer the shares.
Can't wait any longer!
"Mr. Yang, let's start contacting the venture capital to discuss the transfer of shares, and try to complete the transfer in the near future to avoid long nights and nightmares." Mu Yang's eyes flashed with worry, and after thinking about it, he quickly made a decision.
"Yes, I also think it's time." Yang Nian agreed with the boss, "I suggest that the transfer be done within shareholders as much as possible, so that the approval of other shareholders is not required and it will be more efficient."
"Okay, you can try your best to facilitate it." Mu Yang agreed, as long as the transfer is completed as soon as possible, it doesn't matter if you make less money.
Two days later, May 15th.
Muyang and Sequoia Capital negotiated a share transfer. Naixue company was valued at 17 billion yuan. Muyang transferred 15% of the shares and Song Xuelu 4.706%. Both parties received a total of 3.35002 billion yuan;
On May 16, Muyang negotiated a cooperation with IGD Capital. Naixue company was valued at 16.8 billion yuan, and 15% of the shares were transferred and received 2.52 billion yuan;
On May 18, Muyang negotiated a cooperation with Jingwei Venture Capital. Naixue company was valued at 17.2 billion yuan, and 13% of the shares were transferred and received 2.236 billion yuan.
Sequoia Capital intends to become a major shareholder. On May 19, it will acquire the remaining shares of Muyang at a valuation of 17 billion yuan, and then acquire 15% and the remaining 0.1% of Yang Nian from Tianyuan Venture Capital at a premium.
.
In this way, Sequoia Capital holds a total of 60% of the shares and successfully controls Naixue.
In a few days, Mu Yang transferred a total of 54.242% of the shares, plus Song Xuelu's 4.706% of the shares, and the two received a total of 10.01716 billion yuan.
Mu Yang transferred another 34 million yuan to Yang Nian, and he actually received 9.18314 billion yuan, while Song Xuelu received about 800 million yuan.
Naixue company started operating in April last year, and Mu Yang successively invested less than 100 million yuan. Later, Naixue's development was all based on his own blood.
In just one year and one month, Mu Yang invested in Nai Xue, including Song Xuelu's shares, and the two of them earned a total of approximately 14.1 billion yuan before tax.
Mu Yang was able to earn so much mainly because he used the memory of his previous life and was the first to eat crabs.
Within a few days, Naixue’s major shareholder was no longer Muyang, but Sequoia Capital. After the news of Naixue’s shareholder change was exposed, many media and netizens were shocked. On May 20, it was directly listed on the
Hot news from several domestic portal websites.
Yang Nian resigned from the Naixue shareholders' meeting, and a professional manager selected by Sequoia Capital became the general manager.
Mu Yang agreed to attend the media press conference held by Sequoia Capital as previously negotiated with Sequoia Capital.
After all, the change of boss and vice president of Naixue cannot be concealed for long. If Mu Yang does not declare it in time, it is very likely to cause internal turmoil in Naixue. This is something Mu Yang does not want to see. After all, all employees of Naixue are
Many Chinese people rely on Naixue Company for their livelihood.
Nayuki's decline is another matter. It is something he cannot prevent. No one can guarantee that a company will never decline.
On May 22, Sequoia Capital held a Naixue Media press conference in the conference hall of the Hilton Hotel in H City.
Brown, the president of Sequoia Capital China, is a China expert and will attend the press conference with Mu Yang to stabilize the mentality of Naixue employees.
At ten o'clock in the morning, the media press conference officially began.
At the press conference table, only Mu Yang and Brown were present, and more than a dozen media came to interview.
The main reason is that Mu Yang is relatively famous, and the media pays more attention to the life of this young rich man. Naixue's valuation is nearly 20 billion, and the sudden transfer of the company is very confusing.
Brown said: "I have lived in China for many years. I can be said to be half Chinese and have feelings for China." Brown began to play the emotional card. He was most afraid that a large number of Naixue employees would resign, which would affect Naixue's normal life.
operations, and then affects the listing.
Sequoia Capital wants to swallow the big cake of Naixue. After their internal analysis, if the capital operation is good, they feel that the skyrocketing stock price of Naixue after the listing is not a problem. As for how to cash out after the listing, they have their own methods. For example, they can and
Other institutions conduct share swaps or share pledges.
For Mu Yang, who has no resource background, it would not be that easy to cash out during the sales restriction period after the listing.
Brown continued: "Except for the resignation of Naixue's deputy general manager Yang Nian, other middle-level leaders and store managers will maintain the current situation and will not change the leadership. At the same time, Naixue will maintain the current salary and benefit levels. This is what we at Sequoia Capital
What was promised to all employees of Naixue was also promised to Mr. Mu Yang, the former general manager of Naixue.
After Naixue is successfully listed, our shareholders will provide material rewards to employees who have contributed to Naixue in accordance with the agreement with Mr. Mu Yang."
After the reporter asked Brown two questions, he turned to Mu Yang.
"Excuse me, Mr. Mu, why did you sell Naixue? Aren't you optimistic about Naixue's development?" asked a reporter from Net One's financial column.
"Naixue is currently developing well and has extremely high profit margins. However, my personal energy is limited. I am currently fully devoted to scientific research and Xinghai Group affairs. Rather than being unable to take care of Naixue, it is better to sell it and give it to those who have the energy and interest.
I believe that under the leadership of the new leader, Naixue will develop better." Mu Yang felt a little "regretful" and said "helplessly", "But to be honest, for Naixue, with or without me,
For me, there is no difference at all."
Mu Yang did not say what Naixue's future development will be, only the current situation. He also directly avoided answering whether he was optimistic about Naixue's development.
"What is Naixue's current valuation, and how much did Mr. Mu Yang get from it?" a reporter asked.
Mu Yang knows that this issue is of great concern to them. If they and the venture capital are unwilling to expose it, it is estimated that outsiders will not know the specific valuation. But the public knows that Naixue’s last financing was valued at 15 billion yuan, and they can guess that the current
There is no way to hide the approximate valuation. It is better to admit it generously. This is also what the venture capital company means.
"The current valuation is about 17.5 billion. In fact, I didn't get much money. I invested so much, and after paying taxes, I made a few small goals."
"Mr. Mu, what is a small goal? How big is your small goal?"
Mu Yang smiled and said: "Well, this is just a joke, but it's not wrong.
As big as the heart is, so is the stage. The heart and the stage are a process of gradually enlarging. Before graduation, many students say they want to be millions or even billionaires, but they have no goal.
Wanting to be a billionaire is the right direction to strive for, but it is best to set a small goal that can be achieved first, divide the big goal into countless small goals, and then implement it. My small goal is to earn one
100 million."
"Then what Mr. Mu means is that you only made a few hundred million from Nai Xue? Do you believe it?"
"That's what I mean. If you don't believe me, there's nothing you can do about it." Mu Yang smiled lightly. Anyway, he didn't admit that he had made more than 10 billion.
If someone is careful and calculates carefully, they can still figure out how much money Mu Yang earns.
However, Mu Yang just refused to admit it, so what could they do to him?
"What industry is Mr. Mu planning to invest in next?"
"There are no plans yet. We will focus on industry."
"Mr. Mu, with your current wealth, you should be among the top ten richest people in the country next year. What do you think about this?"
"To be honest, I don't know how much money I have, and I'm not interested in entering any rich list. I think everyone should focus on the people in need, not the rich list." Mu Yang solemnly said
said.
It is estimated that after the media interview, some people will help him calculate how much wealth he has.
At the same time, he will also calculate how much money he donated.
Thinking of this, Mu Yang simply decided: "I have a charity plan for a long time, and I just want to take this press conference to announce that I will establish the Xinghai Charity Foundation, and the first batch of donations will be 100 million yuan. From now on, I will donate 100 million yuan every year."
Based on the operating conditions of Xinghai Group, 1% of the profits will be donated to the charity foundation."
"Mr. Mu, who are the main people supported by these donations?"
"No limit, I prefer to do education, mainly in education."
As soon as he finished speaking, a reporter asked: "Mr. Mu, does the Xinghai Charitable Foundation accept third-party donations?"
Mu Yang said: “We don’t accept third-party donations, mainly because we don’t have enough energy to manage them.”
In fact, there is a reason why Muyang does not accept third-party donations.
First, if Mu Yang accepts third-party donations, the donations must be open and transparent. If he does not do well, he will be criticized by the public, and he will even be asked whether the third-party donation money has gone into his pocket.
Even if he is not greedy, he will be corrupted by some thoughtful people, and Mu Yang will not be able to clean him clean no matter how hard he tries.
If he makes a donation himself, he has the final say on how much he wants to spend and how he spends it. He can make it public if he wants to, and outsiders cannot interfere.
If someone wants to vilify him, there is no need for Mu Yang to clarify, there will be netizens who will criticize them: Mu Yang donated the money himself, how they spend it is none of your business, ask yourself how much you donated first.
Second, if he accepts third-party donations, it will offend some charities.
After all, there are only so many people who do good deeds. If the donation goes to his personal charity foundation, then other charities will receive less donations.
Mu Yang didn't want to care about other charities, he just did his own thing, and he didn't want to offend others and cause trouble for himself.
If you do something good for yourself and then offend others for no reason, you will definitely feel unhappy.
Mu Yang plans to donate 1% of Xinghai Group's pre-tax profits every year. If Xinghai Group's pre-tax profits this year are 6 billion yuan, then he will donate 60 million yuan.
How to use the donations? He planned to let Song Xuelu be in charge of the Xinghai Charity Foundation.
Mu Yang answered many questions at this media press conference. The main reason was that he felt that Nai Xue had nothing to do with him anymore, and it was really broken off from then on.
I still have some feelings for Nayuki.
Unlike Yang Nian, after she resigned from Naixue these days, she felt very dull and did not want to attend the media conference. Mu Yang gave her time to adjust her mentality, and when her mentality normalized, she would take over Xinghai Investment Company.
To be continued...