167: The practical application of blitzkrieg: intercepting Sequoia Capital China!

Wang Tao was not some inexperienced rookie.

He... wait, he actually was a rookie entrepreneur starting his first business.

Although his initial startup team had all left midway, the addition of his mentor allowed him to safely navigate the rough patch.

Wang Lin hitting him with a massive move right at the start of the meeting truly overwhelmed him.

Currently, DJI's development had actually reached a slight bottleneck.

To break through this bottleneck now, they either had to heavily invest in research and development, or connect more with Institutions to gain capital assistance and utilize talent from various sources.

But Wang Tao had great ambition; he disdained relying on talent provided by Institutions.

Because his dream was for all DJI drones in China to use their own proprietary materials.

Therefore, the choice of personnel for his own company and the use of certain key materials had to be developed internally.

These endeavors required enormous amounts of funding.

Wang Tao had discussed things extensively with people from Sequoia before, and while he felt their offer was decent, it wasn't astonishing.

But today, after just one meeting with Wang Lin, Wang Tao was completely won over by Wang Lin's extravagance.

A valuation of 2 billion USD!

This meant they were now a large enterprise with a market value of over 15 billion.

Wang Lin was also very considerate, only asking for 1.5% of the shares and investing over 200 million.

Seeing Wang Tao's interest, Wang Lin continued to strike while the iron was hot: "How about it? If you feel the funding amount doesn't meet your requirements, we can increase it further!"

"I am highly supportive of the drone industry in China!"

"How about we take 3% of the shares and invest 60 million USD?"

"Moreover, and most importantly, I absolutely will not interfere with any of your company's decisions!!"

Seeing Wang Tao hesitate, Wang Lin started raising the stakes again.

Not interfering with company decisions is an absolutely unbeatable weapon when securing funding for a startup team!

Interfere?

This issue was meaningless to Wang Lin; he didn't understand drones at all.

All he knew was that DJI would be incredibly powerful later, to the point where even the Beautiful Country couldn't sanction it.

As for the rest, he was clueless.

Since he had arrived at this point in time and met this guy, why wait? Just secure the deal and be done with it.

60 million USD!

Over 400 million.

Wang Tao stood up and paced. His company was currently developing a new drone model and desperately needed funds.

He pondered for a moment and said, "President Wang, could you allow me to make a phone call?"

Wang Lin smiled and gestured with his hand: "Of course. Call me when you've decided."

After speaking, Wang Lin returned to his office.

Inside the office, Li Yuanyuan had never seen Wang Lin so impatient.

She was pressed down under the desk by Wang Lin, but she still felt confused: "Are drones really that important?"

Wang Lin sighed in relief, enjoying the unique sensation, and slowly replied, "It is important. This guy is a talent. If we don't secure him today, Sequoia China will probably snatch him up."

Damn it, the chips I just threw out were a bit excessive, making me feel very heated.

Fortunately, Li Yuanyuan was truly capable; her hot figure and baby face were certainly not exaggerated.

On the other side.

Wang Tao was calling his mentor.

"Yes, they calculated the valuation at 2 billion USD, and only want 1.5% or 3% equity, depending entirely on our funding needs."

"He told me he wouldn't interfere with decision-making power, and that can be written into the cooperation agreement."

Wang Tao nodded repeatedly.

Listening to the voice on the other end, he nodded in agreement: "I also think that in the initial stage, we don't need to introduce too much capital; we need those who are truly sincere toward us!"

"I know channels are important, but I've also researched Junlin Finance's strength. They might become even more powerful in the future!"

"While it's true they are investing in us this time, aren't we also investing in them and acknowledging them!!"

"I believe that Brother Lin, the legendary figure in the stock market, will achieve far more in the future. If we bring in this partner now and bet correctly, we stand to benefit immensely!"

The two chatted for a long time.

Finally.

Wang Tao made up his mind to sign the contract today.

He would do this to reciprocate Wang Lin's sincerity.

Back in the office.

Just as Wang Lin entered Sage Time, he received a notification.

They had finished their discussion.

Wang Lin raised an eyebrow, looking at Li Yuanyuan, who was cleaning up beside him.

He thought to himself, it seems Wang Tao already made up his mind, otherwise, why would he decide so quickly, taking less than an hour?

Entering the conference room again.

Wang Lin noticed that Wang Tao's smile toward him was much brighter.

It wasn't the perfunctory kind.

Wang Lin also showed a smile.

It looks like I made the right choice going all-in!!

Wang Tao looked at Wang Lin and said, "We have decided to sign the agreement for 3% equity, but the term that you will not interfere with the company's decision-making power must be included in the agreement."

Wang Lin laughed: "Naturally. Furthermore, we can transfer the decision-making rights for this 3% equity back to you! For a period of 10 years!"

10 years!

Brother Lin seems truly sincere!!

In 10 years, too many things can change.

But once this agreement is signed, the matter is settled.

Next.

Both parties signed a preliminary cooperation intent.

For the remaining time, the other personnel from both sides began working on further optimization plans based on this cooperation intent.

The most critical elements—investment amount, valuation, and equity percentage—were settled between the two of them in just a few words.

As for the remaining investment methods, Wang Lin waved his hand grandly and said, "If your company needs the money, the 60 million USD will be deposited in a lump sum. If not, it will be deposited in batches!"

"Regarding the exit mechanism, honestly, I never planned to exit. 60 million USD is absolutely worth me living and dying together with DJI!!"

"To put it bluntly, it's only 60 million USD. You can go ask around how much I've earned in the stock market since the beginning of the year!"

Wang Lin's arrogant demeanor did not provoke Wang Tao's dislike.

Because he genuinely knew that Wang Lin had been earning massive amounts during this period.

Wang Tao now considered Wang Lin one of his own, or at least a partner.

Since the two were roughly the same age, he said enviously, "Brother Lin, you are still the best! I actually dabble in stocks too; beijing-tianjin-hebei integration is just too incredible."

Wang Lin was not surprised to hear this.

Most high-income earners have a concept of wealth management.

Wang Tao was no exception.

However, he only treated it as a game; his true career was still his drones!!

Chatting with Wang Tao about stock market matters.

Wang Lin also breathed a sigh of relief. Finally.

He managed to snatch DJI's funding deal right before Sequoia did!!

He forced his way onto this vehicle!!