Give you 100 million

Author: This month once Teru Furukawa

Give you 100 million

Xu Dong shook his head, obviously not agreeing with this valuation.

Tiantian Toutiao stands out among similar products and is developing rapidly, but that is not the reason why SUG values ​​it, nor can it be the core reason for SUG's investment.

"Mr. Chen, what do you say?"

Xu Dong's attitude was a bit condescending, like an old-timer, and he planned to test Chen Heyu's attitude first.

"Let's not discuss this valuation for now. Mr. Zhang, I would like to ask, after you get the 30 million in financing, how long will it take to reach the level of 100 million users for this product?"

Chen Heyu smiled slightly and put down the folder in his hand. These things looked the same even if he didn't look at them.

They are all clichés and beautified data to deceive investors!

"Mr. Chen, I am confident that we can achieve this goal, but it requires more financial support and a longer development time."

Zhang Yiming thought for a moment and replied in a deep voice.

"So, I either don't invest in my idea, or I will give you 100 million. The opportunity for development and expansion is often only two or three years. If you miss it, you will need a hundred times a thousand times the effort, or even a hundred times a thousand times the amount of funds."

Chen Heyu said loudly, shocking everyone present. Xu Dong didn't expect that he had such courage, and Zhou Xiaoyu didn't expect that the boss would be willing to spend half of the money in his account to compete for Douyin's Series A financing plan.

"Mr. Zhang, if I give you 100 million, how much equity can I exchange for it?"

Chen Heyu said with a smile and threw the problem to Zhang Yiming.

The other party frowned. Originally he only planned to raise 30 million yuan, but now a funder is willing to give 100 million yuan, but can he take it?

cannot!

After taking it, Shanhai Capital's shareholding ratio will be close to 50%. When the B round of financing is completed, will this company belong to Zhang Yiming or Chen Heyu?

"Mr. Chen, you want me to work for you."

Zhang Yiming smiled and made a joke.

"Everyone has a document in front of them. Mr. Chen and Mr. Xu can write down their respective valuation expectations, and the one with the highest value wins the bid."

He added, get to the point and stop wasting time.

The room instantly became quiet, with only the whispers of the three parties remaining.

"Mr. Chen, how much should we write?"

Zhou Xiaoyu had his own considerations, but the boss's thoughts were more important, so he asked Chen Heyu for his opinion, fearing that he might not fully understand the big boss's thoughts.

"320 million."

After observing Xu Dong's expression, Chen Heyu said in a low voice that although the other party had a disapproving expression on his face, his experience in the previous life told him that SUG Haina had successfully obtained Douyin's Series A financing.

During the C round of financing, this part of the equity was transferred to Hongshan Capital. In less than two years, the investment of US$1 million increased fifty-fold.

In this life, with Chen Heyu's early intervention, SUG Haina still wanted to use 1 million US dollars to acquire 10% of the equity, which was obviously unrealistic.

Zhou Xiaoyu's eyes moved, and he remained doubtful of Chen Heyu's decision, because the valuation in his heart was only 180 million.

It is far lower than Zhang Yiming's quotation, and only 60% of Chen Heyu's quotation.

In the end, of course he would not insist on his opinion, but still followed Chen Heyu's plan and solemnly wrote it down on the document.

Ten minutes later, the quotes from both parties were handed over to Douyin staff.

After Zhang Yiming took it, they opened it together, put the eye-catching quotations together, then smiled slightly and said to Xu Dong: "Mr. Xu, I'm sorry, this round of financing Shanhai won."

"Impossible! What's the price Shanhai offered?"

Xu Dong looked in disbelief. He quoted a high price.

Zhang Yiming did not answer, but turned to Chen Heyu to ask for his opinion.

"It doesn't matter. Mr. Zhang can just tell you. I'm also very curious about Mr. Xu's quotation."

Chen Heyu waved his hands and said.

"Shanhai Capital is 320 million, and SUG Haina's quote is 310 million."

Seeing that neither of them mattered, Zhang Yiming smiled and spoke slowly.

When Zhou Xiaoyu heard this, his expression darkened, and he realized that he had made a mistake in his judgment in this battle. He had misjudged the market prospects of Douyin, and also misjudged SUG Haina's determination to win this round of financing.

Then he looked at Xu Dong, secretly hating in his heart: "Who are you pretending to show to your old bastard, who is shaking his head and looking dissatisfied?"

"Mr. Chen, I have neglected my duty. I will write a review to you when I get back to the company."

After thinking about it, Zhou Xiaoyu immediately admitted his mistake with a little shame on his face.

"There is no need to review. Who can make no mistakes in his life? Just remember this lesson. You are my senior in the venture capital circle. You should know more about opponents like Xu Dong."

Chen Heyu smiled and typed a few words.

"Mr. Chen, congratulations."

Xu Dong quickly adjusted his mentality and came over with a smile to congratulate him. He did not feel unhappy about his defeat.

The main purpose of his trip was to convey the goodwill of the big boss to Zhang Yiming, a new Fujian businessman.

But now, the other party has the support of Shanhai Capital and is not short of funds. He can only change his goal and focus on Chen Heyu.

To be precise, it was placed on Kangaroo Flash.

"Mr. Xu, admit it."

Chen Heyu smiled faintly.

After receiving this round of financing, he holds a total of 23.5% of the total equity in Douyin. He is already the second largest shareholder of Douyin, with a future value of US$30 billion. He feels somewhat proud.

"At two o'clock in the afternoon, there will be an internal exchange meeting for the venture capital circle on the second floor of Yanlong International. Is Mr. Chen interested?"

"SUG Haina Capital, as the sponsor, is qualified to invite new people to participate."

Xu Dong asked.

"Oh? That's right. That's too troublesome for Mr. Xu. I'll go with Mr. Zhou in the afternoon."

Chen Heyu didn't think much and directly agreed. With him, Shanhai Capital can basically control the investment trend in the next ten years. However, in the next ten years, it will have to rely on Shanhai Capital's own strength and influence.

Why were both E-commerce Ma and Penguin Ma willing to seek investment from Rebus? It was not because they debuted early and were famous.

"No problem, Mr. Zhang, you are the host, you will make arrangements at noon."

Xu Dong, who is also from Minzhou, smiled and patted Zhang Yiming.

"How dare I disobey Mr. Xu's words? Mr. Chen, Mr. Zhou, let's go to the fifth floor for dinner."

Zhang Yiming smiled and said that although Xu Dong was out of this round of financing, there were still rounds B, C, and D... and he would not be stupid enough to offend investors.

During lunch, Chen Heyu learned that this exchange meeting brought together most of Yancheng's local and overseas venture capital institutions, and even some entertainment companies, to get investment tickets for the movie.

Seeing Xu Dong's ambiguous words, Chen Heyu immediately understood that in his previous life, some female artists' so-called escort business associations were most likely like today's.

"Mr. Chen, I heard that you also opened a film and television company. It seems that we are all of the same mind."

Xu Dong squinted his eyes and said with a smile.

"Lao Se Pi!"

Chen Heyu commented in his heart, with a calm expression on his face, and his ability to play tricks on the spot was already very experienced among a group of old foxes.

"Thinking about it this way, the artists who have signed contracts with Shanhai Film and Television are quite lucky. At least I have never thought about using these people to exchange for commercial resources for myself."

After the meal, the three parties slowly dispersed. After agreeing on the signing time with Zhang Yiming, Chen Heyu gave instructions to Zhou Xiaoyu.

"We will go to the exchange meeting in the afternoon together. By the way, Liao Feng is also coming."

"Okay, Mr. Chen."

Zhou Xiaoyu responded, then left with Liao Feng and returned to the room to rest.

Gentlemen, go to bed early and wish everyone happiness and success.
Chapter completed!