"If we're only following with 5%, it shouldn't take $30 million, and the safety issue isn't too big..."
But just as the words were spoken, they were drowned out by opposition.
"Nan Peng, we definitely can't get the majority of Byte's equity this round. Once Tianhang hands all the voting rights to Zhang Yiming's team, they'll always maintain an absolute power above 67%, which is too dangerous."
"Nan Peng, we can't set a precedent!"
"$30 million isn't much, but it's an uncontrolled $30 million! No exit demand, no repurchase request, no priority... Charity isn't done this way!"
"Tianhang is messing around, let's just watch, we can't follow this."
"Bro, Zhang Yiming may indeed develop Byte well, but I'd rather spend $2 billion in the D round to secure the rights than gamble on winning this unguaranteed $30 million!"
"Yes, principles can't be broken. We are a professional investment institution; even if investing $1 million in an angel round, what is due must be demanded!"
