Chapter 2699 Still has to be a translator

Li Yanhong originally planned to arrange a place for Jiang Xiaobai to live, but Jiang Xiaobai had too many places to live after coming to the capital. He had several places in his own house that he couldn't live in. In addition, there were arrangements such as the reception office in the capital.

There was no need for Li Yanhong to make arrangements. After Li Yanhong invited Jiang Xiaobai to dinner, he made an appointment to meet with investors in the evening, and Li Yanhong left.

At this time, Jiang Xiaobai also obtained the information of the investors who met this time. To be honest, the investors behind Baidu were basically all Citi Capital.

The first financing amount was US$1.2 million, invested by two companies, Citigroup IP and PCF.

The capital side that came over this time was Citigroup's IP company. Jiang Xiaobai looked at the information in his hand and said with a smile: "I found that this capital side has a soft spot for the figure of one million US dollars.

Penguin's Yingke investment was US$1.1 million, and now the IP company's investment is US$1.2 million.

I have a soft spot for the number one million."

Zhang Jun nodded: "The price that foreign capital gives to these emerging start-up companies is basically around this amount, about one million US dollars. This is the upper limit of many venture capital companies. They are unwilling to pay more for fear of

The risk is too great.

If the company is missing, it won’t be enough to produce the product. If we talk about it again, entrepreneurs will not be willing to take more shares, so about one million is a suitable number.”

That's what Jiang Xiaobai said, and continued to look through the information in his hand. Although Baidu has not been listed yet, there are many shareholders behind it. In addition to this IP, congratulations to pcf company, there are also two companies, DFJ and IDG.

"There are IDGs everywhere, and there are really a lot of IDG investments." Jiang Xiaobai said with emotion. He chose four companies, and the two companies he is now in contact with have IDG investments.

To say that these capitals have really good vision, Baidu and Penguin are still unknown until now, but now there are people who take a fancy to them at a glance.

However, Penguin has already cut off the shares, and now it depends on how much of Baidu’s shares he can get.

Jiang Xiaobai is familiar with the style of doing business in venture capital. They are all people who do not see rabbits but don't spread eagles. This investment casts a wide net. If it looks good, if you feel that there is a future, you can invest a little, but whether it will have any effect in the future?

How effective it is is another matter.

However, they will definitely not pay any compensation. We are now experiencing the Internet winter, and the shares they hold have not been disposed of, or in other words, the shares they still hold are all promising.

When the Internet bubble burst, many people took over the business, but as for the capital, they had already made a lot of money, and the risks were borne by the entrepreneurs and subsequent takeovers.

"You can contact IDG later and see if IDG is willing to give up the Baidu shares it holds. Anyway, one company is selling it? Two companies are selling it? Now that the Internet is in the cold winter, give up your shares as soon as possible. Money matters.

, it’s true to be safe." Jiang Xiaobai ordered Zhang Jun.

Zhang Jun nodded with a wry smile, and settled for safety. If IDG was willing to settle for safety, it would have been settled long ago, and there would be no time to wait until now.

Just like the Penguin shares held by IDG before, if IDG no longer wants it, it will take the initiative to find someone to take over.

If people have been silent for such a long time, it must be because they are optimistic about whiteness and think that whiteness has a bright future. If you let people sell the things you are optimistic about and keep the money in your pocket, how can they listen?

Jiang Xiaobai looked at Zhang Jun's expression and knew what Zhang Jun was thinking. After thinking about it, he sighed and said: "Well, if you pay more, you have to give it a try. How come you know it won't work even if you don't even try it?"

Woolen cloth?"

Zhang Jun nodded. This is the truth. The only thing that can impress the capital is more money. As long as the money is in place, there is nothing that is non-negotiable for the capital.

In the evening, Jiang Xiaobai, Zhang Jun and others arrived at the hotel booked by Li Yanhong on time. Representatives from the IP company had already arrived. Two foreigners, Jiang Xiaobai and Zhang Jun, could not speak English well.

Jiang Xiaobai can communicate on a daily basis, but when it comes to professional terms, or he speaks a little faster, he sounds like he doesn't understand much.

If in life, there are some gestures and more daily words, then there will definitely be no problem, but this professional negotiation is different.

Li Yanhong had no choice but to act as a translator with a grimace in the middle. What kind of thing is this? Even if he is the middleman, he still has to be a translator.

Jiang Xiaobai also looked at Zhang Jun and reprimanded: "Look what you have done. You didn't prepare a translator for such an occasion and asked Mr. Li to be our translator. Are you so arrogant?"

Zhang Jun accepted the training honestly. This time, he really didn't expect that his main investment scope and business scope were in China, and the most talented people under his command were all old guys recruited from Longcheng.

However, everyone can speak a little English, and their academic qualifications are not low. Even when they entered Huaqing Holding Group, all of them had either a college degree or a bachelor's degree. Although they were not major universities, they were still highly educated.

At that time, even a high school graduate was considered a cultural person.

But it won't work now. I don't understand English at all and have no way to communicate. However, Song Xin was always in charge before.

Song Xin came back from studying abroad, so when she took them out, she didn't need to communicate with them at all, so she never had the awareness to equip a translator. After Hu Jinshan came, not to mention Hu Jinshan's level, there was no need to go out of his way to

Prepare a translation.

As a result, when I followed Jiang Xiaobai out this time, I found that the two of them had become deaf.

Let’s not talk about using an intermediary. Is it appropriate for Mr. Li, the founder of Baidu, to be the translator? The key is that Mr. Li is not one of our own.

If Mr. Li picks up the translation of this thing, then they are completely deaf and cannot understand it at all. They can only believe what Mr. Li said.

Although the possibility of this kind of thing is not very high, it is not impossible.

"It's okay, Director Jiang. I'll just translate. It's okay." Although Li Yanhong was complaining in his heart, he continued to comfort him. The two sides continued to eat and chat. Li Yanhong felt a little uncomfortable being the translator, but it didn't matter.

The solution. Who knows? If I had known earlier, I could have found a translator in the company myself.
Chapter completed!