Rebirth: Dominate The World, Starting From The School Network
Chapter 40 Magnification Move
Is it so direct?
Lu Yi was stunned by Xue Cunhe's words.
He is ready to stand up and make a big pie for the venture capital institutions present, and tell (fudge) his views on the future of the Internet to the new venture capital institutions.
result.
Xue Cunhe asked directly as soon as he came up: Just tell me, how much do you want!
As for other venture capital institutions, none of them objected.
All right.
Since investors are so happy, Lu Yi has no reason to hesitate.
This also saves him from having to waste his brain cells on how to trick investors' money into his own pocket.
Lu Yi held out two fingers and said: "This time I plan to raise 20 million... Well, Mi Jin, give up 10% of the equity."
As soon as these words came out, the smiles on the faces of Xue Cunhe and others froze.
20 million gold, transfer of 10% equity, equivalent to a company valuation of 200 million gold.
Based on the current exchange rate of 8.2, it is equivalent to more than 1.6 billion.
Before that, they all asked people from the company to evaluate Xiaonei.com, and the data obtained was that the current valuation of Xiaonei.com was between 800 million and 1 billion.
But now Lu Yi has raised the valuation by as much as 600 million as soon as he opened his mouth, which is hard for them to accept.
If the premium is only one or two billion, they can still accept it.
An overflow of 600 million means that they have to spend a lot more money to get the same equity.
They are not a charitable organization, so how could they suffer such a loss?
really.
After Lu Yi finished speaking, the representative of Goldman Sachs said: "Mr. Lu, we do not deny that Future Technology is an excellent Internet company, nor do we deny the development potential of Xiaonei Network, but you offered 20 million meters of gold, but only sold 10% equity, some lions are opening their mouths."
It's not that they can't come up with the 20 million meters of gold. Even if it's 200 million meters of gold, they can come up with it.
But for 20 million meters, according to their valuation of future technology, Lu Yi has to give up 16% of the company's equity.
Now Lu Yi has only given up 10%, which is more than half. Then they have suffered a big loss.
No investment institution is willing to suffer such a big loss.
Don't underestimate this 6%. Once Future Technology goes public and grows into a giant, then this 6% equity can be worth tens of billions. If they agree to Lu Yi's conditions, the future losses will be at least one billion. up.
Morgan's representative also said: "Mr. Lu, according to our valuation of future technology, the current valuation of future technology is between RMB 800 million and RMB 1 billion. If you want to raise RMB 20 million, it is no problem, but you must give up RMB 16 million." % equity is enough!”
"That's right! Mr. Lu, we are here sincerely. You are not sincere at all."
"Mr. Lu, we will agree to invest only if we give up 16% of the equity for 20 million yuan."
"..."
Representatives from several venture capital institutions talked to each other.
Business cooperation is a process where you make an offer and I counteroffer, and the reactions of these venture capital representatives were also what Lu Yi expected.
Xue Cunhe said: "Mr. Lu, if you want to raise 20 million yuan, there is no problem. Our ten institutions will definitely be able to raise it. However, you must give up at least 15% of the equity. This is the bottom line."
The representative of Goldman Sachs said: “Mr.
Faced with the aggressiveness of the institutions, Lu Yi smiled and said: "Boss, I think the plan I proposed to sell 10% of the equity for 20 million meters is very reasonable."
"Mr. Lu, what is reasonable? You can't treat us investors as fools just because we are optimistic about the school network." Someone said dissatisfied.
Lu Yi looked over and said: "Mr. Xu, please be patient and listen to what I have to say. After I finish speaking, if you feel that the proposal I just made is not good, OK, I won't force it. All the bosses will leave or stay by then. I will never stay."
When Lu Yi said this, the eyes of everyone present were fixed.
According to Lu Yi's words, it means that he is going to make a bigger move.
I just don’t know what the ultimate move is and whether it can impress them.
"Every boss has been paying attention to the development of our school network. In the past month, the school network has developed rapidly. The user base has exceeded 10 million, and the number of active users has reached 7 million."
“I think one of the reasons why the bosses valued Xiaonei.com at RMB 800 to 1 billion is because the copycat websites on the market have copied our original likes function and likes ranking list. This affects the pace of continued development of our campus network."
Xue Cunhe and others nodded.
indeed.
Nowadays, copycat websites such as the campus network copy the campus network.
If Xiaonei.com cannot come up with other hot ideas, then the growth of Xiaonei.com users will face great challenges.
"This is what I want to tell you today."
"Our company is already brewing a big move. If this move continues, except for the three websites that are copycats of our school network, except the campus network, classmates network, and Renren.com, all other copycat websites will be completely wiped out. "
"As for the three campus network companies, even if they are not wiped out, they will be beaten to death by our stick!"
As soon as these words came out, Xue Cunhe and others' eyes lit up.
What a loud tone!
Is this the rhythm of unifying the world?
I just don’t know what the ultimate move Lu Yi is talking about is?
Their curiosity was aroused.
Seeing that the curiosity of all the CEOs had been piqued, Lu Yi said with a smile: "Next, our school network will hold an online selection event for national college beauties..."
Lu Yi talked about the school beauty selection event.
After Xue Cunhe and others heard this, they all stared at Lu Yi with their eyes wide open, as if they were looking at monsters.
They really wanted to open Lu Yi's brain to see how long Lu Yi's brain was, and he actually came up with such a surprising idea!
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