My Age of Investment

"After the company is officially registered, I will introduce the AB share system."

Xia Jingxing felt that some words had to be said in the front, so as not to make a fool out of the back.

After speaking, he looked at Andrew and observed the reaction of the other party.

The AB share system is commonly known as "same shares with different rights".

Andrew is no stranger to this, after all, he is also an economic lawyer who has been in the business for ten years.

This system first appeared in the United States in the 1920s.

The original purpose of the establishment was to prevent hostile takeovers, but at that time, the listing of AB-share companies was always opposed.

Until the 1980s, hostile takeovers abounded, the market was chaotic for a time, and more and more companies began to adopt the AB share system.

Finally, in 1988 the United States allowed the listing of WVR companies.

In the technology circle, the AB share system is not very common at present, and it is a relatively niche product.

So Andrew asked the reason with a smile: "Daren, why are you thinking about designing this shareholding structure?"

Xia Jingxing looked into Andrew's eyes seriously and said, "I need to ensure that the founding team has control over the company, and the people at the helm must be our own people, so as to ensure that the big ship Facebook is about to sail safely docks, not in Hit an iceberg on the way.

Because there is no one who understands boat performance and the hydrological environment better than we do. "

Andrew smiled and didn't speak. It was very interesting to chat with this young man, because the other party always liked to cite scriptures to explain some truths.

This gave him the illusion that he was not chatting with a young man, but a peer of the same age.

"Daren, are you sure you want to introduce the AB share system?"

Andrew poured himself a glass of white wine and took a sip, it was extremely spicy in his throat.

Although it is not the first time to drink baijiu, but every time I drink it, I have an unusual experience.

Xia Jingxing nodded, "Of course, I'm not joking. Although this system locks up a lot of investors' rights, it's not a good thing."

The wine was too spicy, Andrew was sticking out his tongue, and after hearing Xia Jingxing's words, he asked, "Good thing? Where is the good thing?"

Xia Jingxing took the baijiu on the table and poured himself a glass, and said slowly, "The founder can focus more on product development and company operations, instead of getting caught up in endless guilt with investors. in the fight.

For investors, founders focus more on the development of the company, and when the company develops well, they can also reap more returns.

It's a win-win, isn't it? "

After finishing the conversation, Xia Jingxing picked up the white wine and toasted Andrew.

Andrew habitually touched a glass with Xia Jingxing, and only after drinking did he realize, "You shouldn't be of drinking age, right?"

"Oh, I made an exception today, but not next time."

It was only then that Xia Jingxing remembered that American law does not allow young people under the age of 21 to drink alcohol.

There are not so many regulations in China. Generally, you can drink it when you are 18 years old. No one controls you except your parents.

Western restaurants, supermarkets, and convenience stores will ask young customers to show their social security numbers or driver's licenses to see if they are of the drinking age.

The Chinatown side is okay, the culture and customs have always been self-contained, and with Andrew there, no waiter jumped out and refused to buy alcohol.

He looked at Andrew with a smile, "You're not going to report me, are you?"

"Unless you let me hold B shares."

Andrew's joking tone made it difficult for Xia Jingxing to discern his true intentions.

Xia Jingxing also knows that the AB share structure is not very popular in the technology circle, and it is not an easy thing to convince the other party.

Apple, Microsoft and Amazon, which were already listed at this time, did not use the AB share structure.

The watershed has to wait until Google went public in 2004. Since then, AB shares will become standard for technology companies, and are also accepted by venture capital institutions and angel investors.

"Half A shares, half B shares!"

Xia Jingxing glanced at Kristina and Puppy who were sitting beside him, and added: "Otherwise, they would not have the right to vote as you and Mr. Hennessy."

"I need to think about it."

Andrew smiled, thought for a moment and asked, "What's Mr. Hennessy's opinion?"

"I haven't talked to him about it yet."

Xia Jingxing knew that this could not be faked, so he did not fool Andrew and said the truth.

Andrew thought about it and said, "If Mr. Hennessy can agree to your conditions, I have no problem."

"Okay, let's talk about it today, and I'll arrange for everyone to sit down and talk tomorrow."

Xia Jingxing also knew that good things are not busy, and in the end it depends on the meaning of Old John, so he did not bother about this topic.

"Mr. Andrew, I'll bring you a dish! Your favorite old duck soup with sour radish!"

Hearing the sound, the four present turned their heads.

A fat Chinese man dressed as a chef came over with a black crock pot with a smile on his face.

"Brother Qiu!"

Xia Jingxing recognized the fat chef at a glance and shouted out.

Qiu Zhiyi was stunned for a moment, and saw a young man sitting next to Andrew looking at him with a smile and calling out his surname.

He stared at Xia Jingxing's face and thought about it carefully. He had some impressions, but he still couldn't remember the name.

Actually, it's not that Qiu Zhiyi's memory is poor. Xia Jingxing cut his hair so short that he probably wouldn't even recognize him when he got home.

"The international student who took the same flight as you to the United States, Xia Jingxing who is studying at Stanford, Xiao Xia."

Xia Jingxing also saw that Brother Qiu did not recognize him, so he reminded again.

"Oh~, I remembered, Brother Xia! It's you, why are you here?"

Qiu Zhiyi put the crock pot gently on the table and looked at Xia Jingxing with joy.

At this moment, he has a feeling of meeting old friends in a foreign land.

Although he and Xia Jingxing didn't know each other for a long time, it could even be called a one-on-one relationship, but they were able to chat for a few hours on the plane.

He quickly glanced at the guests at the same table with Xia Jingxing, and found that in addition to Andrew, there was a small Asian, a big ocean horse.

Based on his age, he guessed that it should be Xia Jingxing's classmate.

"Are you inviting your classmates to dinner?"

Xia Jingxing nodded, "Yes!"

"Last time I said I wanted to invite you to dinner on the plane, but unfortunately you never came.

This time I have an opportunity to invite you to dinner. "

Qiu Zhiyi looked at Xia Jingxing and said honestly.

Xia Jingxing noticed that Brother Qiu's forehead was full of sweat, and there was a yellow stain on the chest of the white chef's uniform.

Just looking at these, he knew that the other party's work should not be easy.

"Brother Qiu."

Xia Jingxing said with a smile, "I have my mind, so I don't need to treat guests."

"How can this work."

Qiu Zhiyi was unhappy, "You finally came here. You are so lucky. You just happened to be in our store. I must come and invite you."

"Are you still working? Why don't you sit down and have a couple of drinks?"

Xia Jingxing got up and pulled out a chair beside him as an invitation.

Qiu Zhiyi looked down at his clothes that were covered in stains and smelled of oily smoke. He was afraid of causing the unhappiness of Brother Xia's friends, so he declined, "Forget it, I have to go to the back kitchen to help, next time."

"Qiu, do you know Xia Jingxing?"

Andrew understood Chinese, so he asked.

Qiu Zhiyi smiled and said, "Yes, we are friends. Hey, Mr. Andrew, do you also know Brother Xia?"

After finishing speaking, Qiu Zhiyi also looked at Xia Jingxing with curiosity in his eyes.

"Yes, we are also friends."

Andrew simply replied that he didn't know what the relationship between Xia Jingxing and the chef surnamed Qiu was, so he didn't say much.

Yang Niu and Xiao Dog don't understand Chinese, so they don't know what the three of them are talking about.

Xia Jingxing introduced Qiu Zhiyi in English and told the two of them: This is his friend, who is a chef here, and happened to meet him.

The little girl and the little dog greeted Qiu Zhiyi warmly, hello non-stop, and took the initiative to shake hands with the latter.

"I remember you came here to work with your relatives, right? Go and tell your relatives, I've finally met you, sit down and have a couple of drinks."

As soon as Xia Jingxing finished speaking, Andrew also reached out and made a "please" gesture, which was very friendly.

The foreign girl and the puppy understood, and they all smiled at each other, a look of welcome.

Seeing this, Qiu Zhiyi was no longer hypocritical. After returning to the kitchen to say hello, he came back and sat down beside Xia Jingxing.

After a few glasses of wine, Xia Jingxing, Qiu Zhiyi and Andrew began to chat.

Because Andrew's law firm is upstairs, and Andrew likes Chinese culture, he often goes to the restaurant downstairs for dinner.

Not only that, sometimes clients come to consult the law and want to invite Andrew to dinner, and they are also brought here for dinner by Andrew.

Over time, Andrew has also become a frequent visitor and VIP of the restaurant.

The owner of the restaurant, Qiu Zhiyi's cousin, knew that Andrew likes to drink old duck soup, so he told the people below to deliver a dish from time to time.

Today, the business in the store was booming, and the waiters were very busy, so Qiu Zhiyi came to serve and happened to meet Xia Jingxing.

"Yo, yes! Andrew, you are still a VIP."

After Xia Jingxing finished listening, he made fun of Andrew.

"Brother Xia, Andrew is a very good lawyer, and their family has a good reputation in Chinatown.

I heard from my cousin that when the family first came to the United States and sold the store, they still asked old Mr. Andrew for help. "

Andrew had a faint smile on his mouth, which was also an important reason why he returned to Chinatown to inherit the family business.

Because here, he can get a kind of respect, instead of being called "New York lawsuit stick".

"Hey, Brother Xia, how did you and Lawyer Andrew meet? Did something happen? Do you need any help?"

Xia Jingxing smiled and felt that this brother Qiu was really nice, a very human person.

With a smile, he said, "I consulted lawyer Andrew about patents before, so that's how I got to know each other.

Nothing happened, thank you brother Qiu for your concern. "

Qiu Zhiyi didn't ask any further questions, but nodded, "It's fine, after all, this is someone else's territory, it's quite troublesome for us Chinese to get involved in a lawsuit.

You have a great future ahead of you, and sometimes you take a step back. "

"Um!"

Xia Jingxing nodded, he understood what Brother Qiu meant, half caring, half teaching.

After the meal, when Xia Jingxing went to pay the bill, the waiter told him that he had already bought it.

Don't think about it, it must be Brother Qiu's handwriting.

Brother Qiu sent a group of them to the door and waved to Xia Jing, "Be careful on the way back! Come and sit when you have time, and call the phone number I wrote you."

Xia Jingxing smiled at Brother Qiu, took out the small note in his pocket with a string of phone numbers written on it, manually entered the numbers into the phone book one by one, and saved them.

He didn't expect to meet Brother Qiu here, and he invited himself to dinner.

This thing, ape dung, is really unclear and unclear.

Of course, he won't take advantage of others, and he'll just ask Brother Qiu again in the future.