Reborn 2005: The Internet Myth
Chapter 64 Successful Financing
Xiong Xiaoge quoted US$400 million, which is not US$400 million to buy 10% of 365. That would be outrageous and unrealistic at all.
This US$400 million is the current overall valuation of 365.
If Lei Jun agrees to the offer, IDG will pay US$40 million to Huoyun Group and take 10% of the shares.
If Goldman Sachs and Hillhouse agree, then the three of them will have another round of talks about who will lead the investment, who will follow the investment, and which company will get how much money in exchange for how many shares.
But when it comes to business, you have to ask for a high price and then pay back the money.
Of course, Lei Jun could not agree directly. He presented facts and data, and finally talked about US$460 million.
Approximately 3.68 billion yuan in Daxia.
All three families agreed, so Lei Jun gave up the office directly, and they had to let them talk about the rest.
Lei Jun stood on the balcony and looked at the continuous flow of vehicles below. He was quite high-spirited. He took out his mobile phone and called Wang Zheng: "Mr. Wang, the valuation of 365 Navigation is US$460 million."
"Well done!" Wang Zheng was running and stopped immediately when he heard this.
Wiping his sweat, he smiled and said: "Mr. Lei, it's time for you to stay at Mo'an's house. Do you want to come and be my neighbor?"
Lei Jun previously settled in the capital. After coming to Shanghai, he lived in a large flat rented by his company.
The company has raised so much capital, and Lei Jun has contributed a lot. Giving him a house is nothing.
"Then thank you very much, Mr. Wang." Lei Jun did not refuse, and added: "Mr. Wang, you are still great. Just the idea of a news commentary has raised the valuation too much."
Wang Zheng smiled and explained: "The core value that capital is optimistic about is the number of users and share of 365. Our other businesses should also work in this direction."
The most typical example is Goose Factory. After it has users and a share of the market, it can do whatever it wants and succeed in doing it.
Huo Yun will also develop to that point, but the goals and methods are completely different.
Wang Zheng did not participate in this financing negotiation and left it all to Lei Jun. On the one hand, he did not doubt the employment, but also because he really did not understand this aspect and needed more time to learn.
The three investment institutions quickly reached an agreement, with IDG leading the investment accounting for 4%, Goldman Sachs following the investment 4%, and Hillhouse following the investment 2.5%. IDG and Goldman Sachs obtained strategic shareholder seats. Hillhouse purely followed the investment, but also enjoyed the priority of Series B.
.
Of course, the most important thing about the investment agreement is the valuation. There are also many other rules and regulations, and it took two days to complete them.
After agreeing on a 15-day payment deadline, Lei Jun sent away the investment institution and immediately began to adjust the development plan.
Are you rich?
The company currently has more than 200 million in its books, plus the 370 million that is about to arrive, totaling 600 million in assets. How can it be done just by sitting there?
Spend it quickly and quickly transform it into Huo Yun's strength, otherwise Wang Zhengding's goals will not be achieved at all.
On Friday, there were some changes to the originally scheduled billiards activities.
Wang Hu and Li Tingting were developing very fast. They decided to go to the movies and refused the light bulb.
Seeing Wang Hu's winking expression, Wang Zheng certainly knew what he was planning.
It's just to let Wang Zheng and Ye Zi have some alone time.
Brother's kindness cannot be refused. Wang Zheng looked at classmate Ye Zi and said with a smile: "Why don't we stop fighting and go to the car show?"
Ye Zi was very interested and asked: "What car show?"
Wang Zheng said that the invitation letter was sent by the property management company yesterday. It was quite large and included various well-known brands.
Ye Zi readily agreed, and the two took a taxi to the exhibition center.
It has become a routine for Zhou Ruoyun to go back to his hometown every Friday, so at this time, Wang Zheng has no car. He decided to buy another one.
Because it was Friday, there were not many people at the auto show, and many manufacturers were still debugging lights and promotional materials.
Walking slowly side by side with Ye Zi, casually chatting about the appearance and brand of the vehicle, it was no different from a date.
After wandering around for half an hour, we finally stopped in the luxury car area.
Wang Zheng asked: "You have started to practice driving now. Is there anything you like more?"
Ye Zi pointed at a car in front of him, yearning for it: "I like that one."
Looking in the direction, Wang Zheng smiled a little, Wrangler.
Thinking of Ye Zi saying before that she prefers motorcycles, it’s not surprising that she likes Wranglers when it comes to vehicles.
That car was the Wrangler's classic red color, with black wheel arches, a soft top, and a longer trunk.
Wang Zheng walked in with Ye Zi and looked at the promotional materials, a 3.8L unlimited Rubicon, two-door and four-wheel drive.
After asking for permission from the staff, the two got in the car. The interior was really not that good. They were used to seeing futuristic design styles, and they really couldn't stand this slightly "simple" interior design.
But for off-road vehicles, the main focus is not the interior.
Seeing Ye Zi sitting in the driver's seat looking left and right, and pressing a certain button from time to time, Wang Zheng knew that she really liked this.
Moreover, this car is also an automatic transmission version, which is relatively easier to drive.
Compared to the Mercedes-Benz G Series and Hummer H2, Wang Zheng himself does like the Wrangler more, as it is younger and has a stronger atmosphere of freedom.
Then buy it.
The staff did not expect anyone to want to buy this car and explained: "Sir, this car is the latest long wheelbase version, the top version, and we only have this one. If you want to buy it, you need to wait until
You can only drive away after the car show is over."
There is actually no problem in buying this kind of show car. Brand new ones still need to be imported, which will take a long time.
So Wang Zheng paid the deposit on the spot.
After leaving the Jeep booth and continuing to wander around, Ye Zi was silent for a while, then raised his head and asked, "Aren't you afraid of regretting your decision to buy it so quickly?"
Hearing the meaning behind Ye Zi's words, Wang Zheng smiled slightly and said, "I'm even more afraid of missing it."
The topic was not continued, and the two of them continued to look at the car, but their shoulders were closer.
Going further down is the supercar area.
These super sports cars with cool looks and loud sounds have attracted most of the people. The standards of this auto show are quite high, with a Bugatti and a Rolls-Royce as the facade.
Wang Zheng passed several sports cars one after another, but Wang Zheng showed little interest.
Ye Zi asked strangely: "Don't all you boys like this? Why do you seem to have no interest in it?"
"I definitely like it if I like it." Wang Zheng explained: "I may buy one or two as a collection in the future and just drive them on a daily basis. It's too high-profile."
Ye Zi nodded, his beautiful eyes flashed, and he said seriously: "I have long noticed that you are very different from your peers. I didn't expect that you actually think the same way as my dad."
"What does Uncle Ye think?"
"It's always the case that this one is unsafe and that one is too high-profile. Anyway, you don't like the things I like."
Wang Zheng laughed, "What Uncle Ye said makes sense. But I found that you are still very obedient. Is it because the rebellious period has passed?"
Ye Zi curled his lips, "You will be suppressed immediately before the signs of rebellion arise. There is no rebellious period."
In the end, I didn't buy the sports car. I didn't like it because it was cheap, but I couldn't bear to part with it because it was expensive.
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