Chapter 59 Accident

Chapter 59 Accident
The employees of CMB International present here all understood that the significance of Guangjia Technology’s products lies not in civilian use but in military use, so the investment managers of Morgan and Sequoia did not even blink an eye at this offer.

If it is only used for civilian ocean cargo and business class aircraft, it will not be worth the price in the short term.

This valuation is not excessive considering the future potential of this technology.

Zhao Tiankui's face changed, and he immediately said, "I'll report this to the leader. This should be considered an emergency."

Although it is nonsense to conduct a comprehensive industrial survey, private enterprises that can develop military technology have all gone through untold hardships and have a long process from project establishment to implementation. However, state-owned enterprises like CMB International have internal emergency response mechanisms for similar incidents.

When they were formulating the mechanism before, they were thinking about how to issue early warnings and take precautions if a large amount of sensitive data leakage like this happens again after the Didi incident.

The people who originally formulated the mechanism did not expect that this would be the scenario in which the mechanism would be triggered for the first time.

At Light Armor Technology, after returning to Lin Jia’s large flat in the XH area, Chen Yuanguang said with emotion: “Today went much more smoothly than we expected.

They didn’t ask the questions you were thinking about.”

Lin Jia hung his coat on the vertical hanger, took off his hairband, walked to the sofa and sat down: "This is what they call man proposes, God disposes.

Sequoia and Morgan must have seen an opportunity that others didn't.

Maybe they are optimistic about you, or maybe they think this technology has great potential. Musk is going to Mars, and this is a very important prerequisite technology. Will Musk come to acquire it?
In short, there is definitely an information gap between us, the domestic investors, and the two foreign investors, Morgan and Sequoia.

Just now when I was on the road, I asked someone. William Hu is very famous in the field of biomedicine investment. He raised the price by 100% for billion without blinking an eye. I heard from people I know that this has never happened before.

Yuan Guang, I underestimated your business acumen." Lin Jia said with emotion.

She was not optimistic about this direction at first, and was even less optimistic about the price quoted by Chen Yuanguang.

She felt that these investment institutions were crazy to accept a company that was still at the animal testing stage and call for a valuation of tens of billions, especially in this capital winter.

Lin Jia discovered that since starting his business, Chen Yuanguang had become more and more opinionated, so she did not try to persuade Chen Yuanguang beforehand. She hoped that after Chen Yuanguang had hit a wall himself, she would try to persuade him and the effect would be better.

The result was that the 10 billion RMB valuation was too low. Lin Jia then realized: Lin Jia, Lin Jia, didn’t I know long ago that I can’t look at Yuanguang with the eyes of ordinary people? How could I forget it again?

Prestige is built by repeatedly being proven right by others when they don't think you're right.

With a valuation of 150 billion RMB, this is still a huge achievement in the initial stage. Lin Jia feels a little guilty for taking % of the shares for nothing.

"Yuan Guang, I'd better return the 5% of Guangjia Technology shares you gave me. Its value has far exceeded my expectations." Lin Jia said.

High EQ: the value is far beyond expectations; low EQ: I don’t deserve to get so much for nothing.

Chen Yuanguang thought that the impact of real money was still greater. No matter how good the experimental results were before, Lin Jia was always unhurried. Now that financing is underway and institutions have voted with money on human hibernation technology, Lin Jia's thoughts have probably changed.

Others don’t know, but Chen Yuanguang knows that Morgan and Sequoia definitely made a lot of money from this investment.

However, Chen Yuanguang did not lose out. The background of these two investment institutions was enough to obtain clinical approval in most parts of the world.

Chen Yuanguang replied: "Lin Jia, you think too much. Without you, can Light Armor Technology still be called this name?
To put it bluntly, it was you who helped me negotiate the start-up capital for Guangjia Technology. Even earlier when we were at Jiangnan University, the birthday gifts you gave me were worth thousands or even tens of thousands of yuan. When I hadn't made any money from writing yet, I gave you gifts worth only a few hundred yuan, and you never despised them.

It’s just 5 percent, and it’s nothing as we’ve come so far.”

Lin Jia was very touched and admired her own accurate vision. She also remembered the words the fortune teller gave her when she was born, which could bring prosperity to those around her, and not just ordinary prosperity. Most businessmen are superstitious.

Their family's business expanded only after she was born. It was precisely because of these that, even though she was a woman, her position in the family could not be shaken by Lin Qinghua's illegitimate children.

Lin Jia didn't believe in these things before, she just regarded this as a talisman. With Chen Yuanguang's rapid rise in the past two years, she began to believe it. It was too effective.

After Chen Yuanguang finished speaking, Lin Jia's eyes were a little moist. "Yuanguang, we must sign an agreement. All the voting rights of my shares will be given to you. In this way, as the proportion of investors' shares increases in the future, your control will not be shaken."

The equity that Chen Yuanguang gave to Lin Jia was an initial equity with a one-to-one ratio of voting rights to equity.

Chen Yuanguang did not refuse this time: "Okay."

Just as the atmosphere was becoming more ambiguous, Chen Yuanguang's phone rang. He stretched out his hand and gestured, "Sun Renjie's call. I'll take it first."

Sun Renjie is a very clear-headed person. They have worked together for such a long time, but the other party would never call him after get off work for no reason.

"Hey, Renjie, go ahead."

Sun Renjie's tone was calm, but Chen Yuanguang could hear a hint of anxiety in it: "Yuanguang, Li Ming and Hou Rui are both leaving, and seven of the ten masters are leaving. Their resignation applications have already been initiated in the internal OA.

I called Li Ming and Hou Rui, but no one answered. "

When Sun Renjie said he was leaving, Chen Yuanguang turned on the speaker and waved for Lin Jia to come over and listen.

"Renjie, what do you think?" Chen Yuanguang asked.

Sun Renjie said: "It is very likely that he was poached by someone, and it is definitely related to the investment sharing meeting this afternoon.

Now I suspect that after hearing about the great value of the company's technology, they all plan to go out and work there. I just don't know whether they were poached or if they have other ideas of their own.

This kind of unified action is likely due to someone poaching them.

I am now thinking of looking for a network security company to check whether they have copied the company's experimental data.

But we are also afraid that the network security company we hire may copy our data.

Because the value of light armor technology has far exceeded expectations, our previous measures are completely inadequate."

Sun Renjie continued, "In addition, I asked the law firm we work with to help us re-examine the confidentiality agreement we signed with these employees. There is an upper limit for civil litigation, and the value does not match the upper limit."

After listening to him, Chen Yuanguang comforted him, "Renjie, don't worry. The experimental data is nothing. I have encrypted the specific methods. They can't take anything away."

 I will briefly explain this chapter. Unlike the previous two books, Zheng Li, the protagonist of The Mage, has superpowers and can solve all problems with magic. Zhou Xin, the protagonist of Semiconductor, was an experienced entrepreneur before his rebirth, so he can consider everything.

  The protagonist of this book, Chen Yuanguang, was just an online writer and a college student before he acquired Future Technology. His considerations in the process of starting a business were definitely insufficient. Lin Jia's macro and one-sided knowledge required him to step on many pitfalls one by one before he could know how to avoid them in the future.

  But later on, the protagonist will grow quickly and avoid making the same mistakes again.

  
 
(End of this chapter)