Learning can be a critical hit, I make a little progress every day

As a well-known capital in China's investment field, Canglang Capital has also begun to pay attention to angel investment in recent years in order to obtain high returns through high risks.

Its market development manager Xiong Tao pays attention to some emerging companies in the market almost every day. If he likes them, he will reveal his willingness to invest.

It's nothing more than spending some spare money.

If the venture capital is successful, it is equivalent to obtaining a high return on investment.

In the past two days, Xiong Tao heard from a friend about the newly emerged group buying model of Meituan.com. His strong investment acumen made him react immediately and realized that this was a very good investment direction.

For this reason, after inquiring from many parties, he contacted the boss of Meituan.com, a Peking University entrepreneurial student, Jiang Yichen.

Entrepreneurial students are good!

Entrepreneurial college students generally don't have much money, and have never seen much money. When talking about investment, they don't need much money at all to get a large number of shares.

Although the investment risk is also high, the return rate is high.

If you are lucky and the negotiation is good, the return rate on investment will be at least 10 times in 3 to 5 years.

With a hint of joy, Xiong Tao soon met Jiang Yichen.

The young and handsome Jiang Yichen surprised him for a moment

"Hello, Mr. Xiong"

"Mr. Jiang is young and promising.

Xiong Tao was surprised for only a moment, and then he immediately smiled.

"Mr. Jiang was very young, but he was brave enough to start a business and created Meituan.com, creating an online group buying model. He was really bold."

"Manager Xiong, you are too kind, but I am not being modest. Our Meituan.com leads the group buying industry and will expand rapidly in the future and become an indispensable part of people’s lives. Jiang Yichen was not modest and talked about future development.

Because he knew that these angel rounds are simply about making money.

Unless they are good friends of the founders and they trust and support each other immensely, any other investment is just to make more money.

Although they will not ask to seize control, they will have higher requirements for the rate of return.

Xiong Tao then asked directly,"How many employees does your company currently have?"

"Currently, there are more than 20 employees, and the initial plan is to expand to about 200 people within 2 months, fully covering the Kyoto and Tianjin markets, and exploring the Shanghai, Guangzhou, and Shenzhen markets."Jiang Yichen said very confidently.

With the conviction buff, Xiong Tao believed what Jiang Yichen said when he listened to his speech, and did not doubt whether he could do it.

But Xiong Tao, who had experienced investment negotiations for a long time, reacted quickly and still listened to Jiang Yichen's introduction with a smile.

At present, Meituan.com has a very good development momentum. In just over 7 days, more than 50 activities have been carried out, and the group purchase funds have exceeded 32 million yuan!

Among them, Meituan.com's gross profit is also nearly 2 million yuan!

Hearing Jiang Yichen's introduction, Xiong Tao was not calm at all.

So awesome?

So profitable?

According to what Jiang Yichen said, Meituan.com's valuation is at least hundreds of millions!

Xiong Tao's eyes turned, and he did not question the data Jiang Yichen said, but quickly judged the amount of his investment and the shares he had already occupied.

Originally, I thought I would get 40% of the shares for 10 million, but now it seems impossible.

"Canglang Capital is willing to invest 20 million yuan for angel investment, requiring a 35% stake, not participating in company decision-making and operations, and exiting with a 10-fold return on investment within 5 years."

Xiong Tao thought for a while and stated his conditions.

Jiang Yichen listened and smiled and said,"20 million yuan?"

"Mr. Jiang is joking. How could it be US dollars? It's Huayuan."Xiong Tao laughed, but he was a little unhappy in his heart.

This college student must be dizzy with starting a business. 20 million Mijin is equivalent to 136 million yuan, which only accounts for 35%. That means Meituan.com's current valuation has reached 400 million.

A newly established company dares to boast of a valuation of 400 million. This is too confident.

With the current scale of Meituan.com, with more than 100 million, Xiong Tao believes that it can directly set up a new group buying website.

After all, this group buying model does not have much new technology.

It is nothing more than a pioneering vision and choosing an online group buying model with development prospects.

Jiang Yichen shook his head,"No, I'm telling the truth."

"Although Meituan.com was established not long ago, you should be able to judge our development prospects from our revenue and development situation," Jiang Yichen said calmly,"To be honest, our revenue situation is very good, and financing is just to speed up the promotion and make money faster."

"Of course, the rewards to you will be faster."

Xiong Tao shook his head and said with a smile,"Boss Jiang, you are asking for too much."

"30 million Huayuan, 35%, how about that?"Xiong Tao gave in.

Jiang Yichen flatly refused,"I can only give 8%"

"That's such a pity."Xiong Tao stood up,"I value talent. Seeing that Mr. Jiang is young and has entrepreneurial spirit, I want to give him angel investment, but what can I do? Young people ask for too much."

Jiang Yichen also stood up, his voice steady and firm,"Manager Xiong, since we can't reach an agreement, I'm leaving. See you next time if we're lucky."

Seeing Jiang Yichen leaving, Xiong Tao was very annoyed.

He thought that the other party was a college student. No matter how good his startup was, he would think 10 million yuan was a lot.

But he didn't expect that the other party would be so tough.

He must use a valuation of 400 million. It's only 35% of the shares, but he actually asked for 20 million.

This is simply outrageous.

However, he was very reluctant.

The young man in front of him was steady and confident, and the company had a very good development trend. This was a very high-quality start-up company.

Especially since it has just started, there are unlimited possibilities in the future.

Thinking of this, Xiong Tao said loudly,"Mr. Jiang, please stay."

Jiang Yichen stopped and looked back, his face indifferent,"Manager Xiong, do you have any other advice?���"

"The 20 million MiGold issue is too far from our expectations, but I am still very optimistic about the development of your company. I would like to ask the leader, how about we talk about it next time?"

"Of course."

Jiang Yichen raised his lips slightly,"However, Manager Xiong can also see that our Meituan.com is accelerating its promotion and expansion. When our merchants and user resources grow again, the valuation will change."

"……"

Xiong Tao was speechless. From what Jiang Yichen said, it seemed that the valuation would increase again tomorrow, and the proportion of shares would decrease again!

This young man is really not a good negotiator!

As he was talking, Jiang Yichen's phone rang.

"Mr. Jiang, Baisha Capital called and wants to discuss financing with our company."

"Oh, Baisha Capital?"

Jiang Yichen answered loudly without hesitation, and his eyes also swept over Xiong Tao's expression.

The flesh on his face seemed to twitch a little.

……