Chapter 315
Everyone except Dmytro Svystun grew hesitant. One of them objected, "Mr. Svystun, one billion for only 10% of the shares… I’m afraid this is not in line with what the boss instructed…"
They were authorized to invest one billion for at least 15% equity.
Dmytro, however, held his ground. "We’ll take it even if it is only 10%."
Aubree wasn’t short on money. What she truly lacked were connections and influence. Every one of her streaming platforms and short video apps was a cash cow. Dmytro knew she wasn’t someone who could be constrained by investment amounts. That was why he moved quickly to secure the deal once he ascertained GrabCheap’s future potential.
In other words, Aubree had no shortage of potential partners if Manchotech were to walk away from the negotiating table.
Aubree approached Manchotech because their two flagship social media platforms dominated the social media landscape with an unrivaled presence.
“Let me give Mr. Marchuk a call first,” Dmytro proposed.
He was referring to Tryfon Marchuk, CEO of Manchotech. Aubree demurred, “Sure. One billion is no small sum, after all. There’s no need to rush. Please take your time to discuss before making a decision. But our offer remains unchanged. One hundred million for one percent."
Dmytro stepped outside the room briefly. When he returned, he said with a beaming face, “Ms. Miller, all the terms we proposed earlier still stand, but we have one additional requirement to add to the contract. If you’re okay with this, we can sign right away."
“We want to include a clause of Right of First Refusal in all of your future projects,” Dmytro stated.
‘One billion to invest in Aubree, this potential star. That’s why Tryfon Marchuk is the boss…’ Dmytro sighed inwardly. His boss simply gave the green light straightaway to sign the contract with the revised terms.
For Aubree, adding this additional clause was to her advantage. With Manchotech holding two powerhouse platforms, even if other platforms went under, Manchotech would remain standing. Thus, she affirmed with a smile, “It’s our pleasure to work with you."
After securing Manchotech’s investment, Aubree’s entire team was abuzz with excitement. What excited them wasn’t the one billion, but the fact that they had established a relationship with the tech giant.
Though they did collaborate previously, it was due to the Turner Group pulling strings. Back then, they could only meet a mid-level executive. They would never get a chance to meet someone of Dmytro Svystun’s level.
But now, they not only secured Manchotech’s collaboration based on their own merits, but the tech giant was also vying to work with them.
The contract was swiftly revised, and both parties inked the deal.
As soon as the Manchotech representatives left, a staff member from the Bree Technology team gave a whoop.
“Does this mean we can finally launch our offline marketing campaign?”
Another cried excitedly, “We can push out more promotions to attract more merchants!”
Birgitte began muttering, “In that case, we really have our hands full. I’d better get the planning team started on drafting a new proposal…” She was itching to get started on the next phase as well.
However, Aubree said calmly, “Hold on. We still have Tengu to consider. Nestor, what’s the word from their end?”
Nestor, who was in charge of external investment communications, said, “Tengu Gruppe still seems to be undecided, but they’re open to meeting with us.”
Aubree replied, “It’s understandable they’re hesitant. After all, we’re in the same business, and they’re worried we might outrival them. But as long as we show sufficient sincerity, collaboration shouldn’t be a problem."
She quickly split her team into two groups. One group would keep up the pressure on Tengu Gruppe while the other would plan the next steps for GrabCheap.