Rebirth, you call this an honest man?

Chapter 191 Throwing Coins

In general, inventions such as practical tools that need to be popularized can only charge low patent fees. You cannot make a fortune by relying on these alone.

For example, QR codes, even if they are trillion-level payment gateways, cannot make a lot of money. Therefore, Wang Yue and his company have never been famous. Wang Yue has not been able to become a billionaire by relying on QR codes.

rich list,

If it were a company like WeChat or Douyin, Wang Heng would definitely not be so rampant. After all, such companies are really valuable.

Wang Heng's arrogance is because he wants to find an excuse to give more money and let Wang Yue develop practical technology for mobile phone QR codes sooner.

The basic technology of QR code is Japanese, and Japanese companies have long disclosed the world patent, so anyone can use it for free.

Wang Yue's QR code patent is an upgraded product based on the basic QR code. It can also be patented and is a global patent.

Just like if you invent a chair, and then the chair becomes a public patent, and I invented a functional chair based on the chair, I can also register a patent.

Wang Heng was so arrogant that he not only made the old man opposite him angry, but also made all the investment companies in the room lose their temper.

But Wang Yue didn't want to laugh at this time, for fear that everyone would fall out and no one would vote in the end, so he would draw water from a bamboo basket and get nothing.

"Bosses, harmony brings wealth, harmony brings wealth."

The old man who shouted out $500,000 might have some power, but he just shouted, "$1.5 million, 40% equity."

Wang Heng immediately said,

"Your offer is US$500,000, US$2 million, 40% equity."

"$3 million!"

"You are worth 500,000 US dollars, 3.5 million US dollars!"

"$4 million!"

"You are worth 500,000, 4.5 million US dollars!"

"$10 million!"

At this moment Wang Heng suddenly stopped,

"Old man, congratulations on winning the bid for 10 million US dollars. Please pay!"

The old man who raised the price actually only had the authority of one million U.S. dollars, and all the shouting after that was just nonsense made out of anger.

Everyone present, including Wang Heng, knew that Wang Yue even smiled bitterly. He thought Wang Heng had messed up his good investment meeting.

Not to mention this kind of price bidding, even after signing an investment contract, there are many startups whose funds have not been transferred. In the end, there are startups that are taken over by the investment company and dragged to death.

Not to mention this kind of childish bidding,

The old man looked at Wang Heng's nonchalant look and felt that it was more of a joke than him, so he retorted,

"Boy, if you can, come up with $4.5 million, and we'll all watch."

Wang Heng took a few steps forward. Wang Yue immediately stood up and gave his chair to Wang Heng.

Wang Heng sat on Wang Yue's boss chair and took out his checkbook, tore out a piece and put it on the table.

Then I tore another one...

There is no way to limit the amount of checks. You can only fill in a maximum of 500,000.

In Wang Heng's film and television works, we often see wealthy families pretending to be cool and handing out blank checks. They thought they could just fill in the numbers casually.

After he applied for a check book, he learned that there was a limit and it was only supported by foreign banks, not domestic ones. There were no private checks in China, and only the employer could issue checks.

The people present are all involved in venture capital, and they basically understand and recognize each other.

So everyone was surprised to see Wang Heng tearing up the check.

Two pieces, three pieces, four pieces... Wang Heng tore up nine pieces, plus the one he filled in at the beginning, a total of ten pieces were placed on the table.

"I'll put together a round number, 5 million U.S. dollars. I only need 49% of the shares. I can directly sign the contract and cash it out. Old man, you can take out 5.5 million U.S. dollars and I'll give it to you."

"You!" The old man glanced at the 10 checks on the table and was speechless. If he didn't say that he couldn't get out 5.5 million US dollars, even 1 million US dollars would have to be reviewed by the company and then paid.

The intermediate process may take a few days to a week faster, or may take a few months slower.

For people like Wang Heng who sign in seconds, this kind of power is only available to a few limited people except for the big bosses of investment companies. The old man obviously does not have it.

Wang Heng was so young, so everyone regarded him as a rich second generation like Principal Wang. Suddenly, no one dared to argue with Wang Heng anymore.

Then both of them smiled and said blessings to Wang Yue, and exited Wang Yue's office.

On the Internet, they dare to attack this kind of rich second generation anonymously, but in reality, they are not that stupid when they fight face to face.

Of course, the old man also slipped out of Wang Yue's office. After everyone left, they immediately inquired about Wang Heng's background. With such a rich second generation coming to the investment market who doesn't know the details, I'm afraid it will be difficult to perform well during this period.

When Wang Heng and Wang Yue signed the contract, they only made one requirement: to develop QR code applications. The most important thing is to have a quick response when scanning the code, preferably more than 0.01 seconds. The other one is to register a global patent.

As for making money, Wang Heng left a message, don't worry, go to him again when you have no money. The market will tell Wang Yue when he can start making money.

Wang Yue stared blankly at the checks and contracts on the table, always feeling like his company was being taken care of.

After leaving Wang Yue Company, Wang Heng did not plan to go back so early and stayed in the capital for a few more days. It happened that Qiangzi's JD.com was almost at the end of its rope, so he decided to do it all at once.

From now on, Pinxixi, hosted by Sun Yutong, will sell fake products and go low-end.

JD.com, hosted by Qiangzi, sells genuine products and goes high-end.

One low-end and one high-end, walking steadily on two legs.

Of course, Wang Heng would not be so reckless. As someone who has experienced this, he must be more cautious.

If you start your own business, you can do anything, and your investments are always successful. Although no one will study him, you are not afraid of ten thousand, just in case.

Besides, if he still has some money, he will use it to support domestic entrepreneurs.

……………………

The Capital Innovation Investment Conference, organized by the government, invited dozens of venture capital funds, angel investors, and hundreds of innovative companies.

Wang Heng was naturally not an invitee. Hengda Group had never done venture capital before Wang Yue, but he could also enter the venue.

In fact, there are dozens of innovative companies from all over the country who come to the capital to look for opportunities. Without invitations, companies that can prove themselves can get in, but they do not have the right to speak on stage.

I can only try my luck to find investors after the meeting is over.

Wang Heng proved that he was a capable investor, so he was quickly invited to the front row.

After the organizer finished his opening speech, several large venture capital companies made speeches, and then innovative companies took the stage.

Generally, when the government holds this kind of investment meeting, the representatives are companies with very good data, and they are basically companies that have been making profits since they opened.

The financing is for expansion. Of course, if it is true or not, you have to verify it yourself.

In any case, companies like JD.com that are losing money and waiting for life-saving help cannot be on the stage. In fact, this kind of investment conference is just the icing on the cake. It only looks at the recent good or bad.

For example, Tencent, Ali, etc. have been losing money in the early stage. Enterprises that no one in the country is optimistic about and have no support will not be able to come to power.

Wang Heng will naturally not invest in these icing on the cake companies. After the adjournment,

Wang Heng opened a small hall, copied a list from the organizer, and held his own investment meeting...

…………

Qiangzi brought his company's information and was explaining to an investor in a painstaking manner.

"JD.com sold more than 20 million yuan last year and more than doubled this year. Our goal next year is 100 million yuan, so as long as you invest 10 million yuan in JD.com, next year you will be given back shares in a company with a market value of over 100 million yuan."

"Can you tell me how much money JD.com made this year?"

Qiangzi was a little embarrassed when asked. The sales of 50 million were basically guaranteed or even at a loss. The company did not earn any operating expenses.

After JD.com moved from physical stores to the Internet, it also followed Tao Bao and Pinxixi in data processing, so there was no profit at all.

Although Tao Bao and Pin Xixi have set examples, many people believe that the leading Internet companies eat meat and cannot drink the rest of the soup.

For example, Baidu, such as QQ, so no one is optimistic about JD.com, and it is famous for making large investments in online shopping. If it takes tens of millions to take such a big risk, naturally no one dares to invest.

Seeing that he couldn't be convinced, Qiangzi had no choice but to find another one.

At this time, his cell phone rang, and the caller was an unknown number. Qiangzi wanted to hang up.

After all, it was prime time at this time, and he would try his best to catch an investor. However, his girlfriend Xiao Jing had a sharp eye and recognized the phone number.

"Wait a minute, Brother Dong, don't hang up, the opportunity has come."

"What's wrong, Xiao Jing!"

When Qiangzi was still confused, Xiaojing grabbed Qiangzi's mobile phone and answered the call. Soon a girl's voice came out,

"Hello, are you Liu Dong?"

Xiao Jing quickly replied,

"Hello, I am Liu Dong's lover. Are you Hengda Investment Company? Did you choose JD.com?"

"Well, please come to the conference hall on the third floor with your company certification materials and financing ppt."

"Okay, thank you for choosing your company, we will be there soon!"

After Xiao Jing finished speaking, the other party hung up the phone. At this time, Xiao Jing gave Liu Dong the phone and pulled him towards the elevator.

"It's too late to explain. While you were talking about investment, I received news that a big boss came to this investment meeting.

I heard that his investment is purely based on fortune. No matter how much your company loses, he will just cut the check if he likes it.

His first investment was the one who made QR codes. Someone else invested US$500,000, but he directly invested ten times US$5 million, and he paid the money on the spot.

I just heard in less than half an hour that he signed more than 10 checks. Let’s leave quickly. If we’re late, he might have spent the money.”

Xiaojing has a registered permanent residence in the capital, and her parents are senior executives within the system. Naturally, she is more well-informed than Liu Dong.

After listening to Xiao Jing's words, Liu Dong subconsciously touched his hair. The person who called just now was a female voice. He thought the boss of Hengda Investment was also a woman.

In his heart, only women do things based on their eyesight.

When they arrived at the door of the conference hall on the third floor, Liu Dong and Xiao Jing saw four bodyguards at the door.

After showing their IDs, the two of them quietly entered the hall, found a seat and sat down quietly.

At this time, on the stage, a founder of a cosmetics company was introducing his company.

"Okay, you don't need to say anything." Wang Heng interrupted the other party's explanation.

When the other party is disappointed,

Wang Heng then said, "How much do you want?"

The founder of Proya, when he heard Wang Heng’s last words, his worries suddenly turned into joy.

"We need $2 million to develop new products."

"OK, US$5 million, 40% equity."

Wang Heng didn't talk nonsense. As long as he heard a slightly familiar name, it would be 5 million US dollars, and he also wanted a lot of equity. Generally, angel investment is 20-40%, but he would be better off directly investing 40%.

Wang Heng is willing to spend more money because the financial crisis is about to happen. If you give more money at this time, it will be easier for these venture capital companies to survive.

Although Proya has a registered capital of 200 million, this thing is just deceiving people. JD.com was registered in 2004, and its registered capital is still 500 million.

Proya has also seen Wang Heng’s investments a few times. This person said that he would just throw away the money casually, and he asked for 40%. If you don’t agree, then you can leave.

If you ask for a few million dollars, he will re-quote you $500,000 and 50% of the equity. The bargaining price will make the two founders shed tears on the spot.

In just two times, nearly twenty companies at the scene basically understood Wang Heng’s temper.

When I call you here, I will tell you that he has chosen you. As long as the money is not excessive, you can get money. If you are good, it is 5 million, usually between 1 million and 3 million, and the shares should not be less than 30%.

After Xiaojing sat down, she secretly called Liu Dong on her mobile phone to read the information, telling him not to make the same mistakes as the previous people.

Wang Heng was really fooling around. Apart from JD.com and a few companies whose names he was familiar with, he grabbed all the others casually.

Some previous companies that he had no impression of had basically spent 1 million US dollars, but he was happy to increase it to 2 million or 3 million US dollars.

Of course, there are also those who are clever and rebel against General Wang Heng.

For example, when a founder of a company was asked by Wang Heng how much money he wanted, he asked for US$8 million.

Wang Heng said directly, "USD 800,000, 51% equity."

The man was so angry that he wanted to rebel on the spot, but after taking one look at the 4 bodyguards, 4 lawyers, and 2 secretaries around Wang Heng, he had no choice but to shake his head and leave.

This is the only one who got Wang Heng's quota but didn't get the money. Even the one with 500,000 reluctantly signed the contract.

Companies that received investment from Wang Heng signed contracts with Wang Heng's lawyer, while those that did not receive investment continued to give speeches.

If someone speaks nicely, Wang Heng will ask others to say more, but the money is still 1 million US dollars and shares. Of course, he only takes a symbolic 30% of the shares.

With Wang Heng's approach, at the beginning some founders said how many shares they were willing to give up.

When they saw Wang Heng pretending not to hear anything, everyone did not mention the equity issue and only talked about how much money they needed.

Regarding the shares, Mr. Wang Heng, you can have as much as you want. If you really can't afford it, you don't have to accept it.

To be honest, Liu Dong has some opinions about such a willful investor, and he only wants to give up 20-30% of his equity.

It's just that Tao Bao has been suppressing him too hard recently, and the company seems to be unsustainable. He has no choice but to suppress his temper and continue to sit there.

Tao Bao couldn't beat Pin Xixi, so he bullied JD.com, started brand certification, and sold genuine products.

After Wang Heng sent away several companies, another company he specially selected was chosen, DJI, which makes drones.

Drones initially give the impression of being toys, and they are high-end toys, so financing is difficult.

The founder of DJI came on stage and said a few words, and Wang Heng made a direct decision.

"$5 million, 40% equity, next place."

Wang Heng was so fast that the founder of DJI was stunned on the stage.

Why did he say that DJI makes drones, and Wang Heng immediately approved it, and it was also the second highest angel investment of US$5 million today.

A group of people in the audience looked at the founder of DJI with envy in their eyes. No one cares about equity now. They only want 5 million US dollars.

You must know that most start-up companies only have 2-30 employees, such as QR code company and DJI company.

There are also some companies that sell packages of 500,000 RMB but no one wants them, such as QQ,

So those who can get 1 million US dollars are very happy. As for those who get 5 million US dollars, it is equivalent to winning a super jackpot.

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