"Fantasy Technology's Series A financing must not be less than US$3 billion. This is our bottom line."
Lu Beifeng said after careful consideration.
The valuation of domestic and foreign Internet companies generally ranges from ten to fifty times earnings, while that of physical companies generally ranges from five to fifteen times.
There are very few stocks like Tesla with a price-to-earnings ratio of 180 times. After all, it is a monster in the global financial market and cannot be generalized.
They took 25 times the middle value, which is $2.8 billion, and rounded it off to $3 billion, which shouldn't be too much.
Ma Hongbo nodded, this valuation is quite reasonable.
He was really worried that Lu Beifeng had quoted a sky-high valuation, which would lead to the failure of Series A financing.
Based on the size of their company and its future development prospects, it deserves a valuation of US$3 billion.
Ma Hongbo asked: "Is the financing plan led by Dixing Investment? How many shares are appropriate?"
"10% of the shares are used for financing in round A, as well as round B, and the two rounds of CD depend on the situation."
Lu Beifeng continued: "As for the leading institution in financing, I will contact Liu Jian from Bank of China and ask them if they are interested in letting them be responsible for the Series A financing and lead the investment."
"Follow-up Dixing Investment will not follow up with any further investment."
"However, the parent company's shareholding cannot be less than 34%, and with domestic financial institutions, your shareholding cannot be less than 51%. This is a matter of principle..."
"The final decision-making power must be firmly in your hands, even if the financing fails, it doesn't matter."
"I understand, Mr. Lu."
Ma Hongbo nodded solemnly.
Lu Beifeng's explanation means that Fantasy Technology will be self-sufficient in the future. Dixing Investment will no longer give them blood transfusions, and they can only rely on themselves for everything.
With unparalleled charging technology in the world and an initial capital of 5 billion, Lu Beifeng has helped the company pave a road to the sky.
There has never been such a wonderful start for a company. If it still cannot grow, it will not be able to guarantee even the most basic self-sufficiency.
That means Ma Hongbo has his own problems and he should take the blame and resign.
After finishing the conversation with Ma Hongbo, Lu Beifeng called Liu Jian and explained his purpose of visit.
The other party said that they had heard of Fantasy Technology for a long time and were very interested in financing the market.
It's just that this company is wholly owned by Lu Beifeng, and many people in the industry know it.
But no matter how greedy he is, will he be more annoying than Lu Beifeng? So he didn't speak, and others wouldn't ask for trouble.
When Liu Jian learned of Lu Beifeng's intention, he smiled and said, "Mr. Lu, are you finally willing to let this golden pimple out?"
"What's the point of not giving up? If you have money, let's make it together." Lu Beifeng smiled brightly and was quite generous in his words.
"Haha~"
Liu Jianqian laughed a few times and believed him. He really thought that the researchers of their company were freeloaders.
When Fantasy Technology was promoted on a large scale on New Year's Day, it had already entered the sights of major domestic and foreign investment banks.
The lithium battery has a range of 500 kilometers and only takes 40 minutes to charge, which is twice as fast as the Tesla Super Charger with the same range.
This kind of charging efficiency can be described as invincible in the charging pile market at home and abroad.
Needless to say about the market prospects, once it grows, it will become a giant unicorn enterprise.
With the bonus of technology, their position will become very stable.
But they have also conducted an in-depth analysis and found that on average, investing in 10,000 charging piles requires 500 million RMB.
With today's new energy vehicle market stock, Fantasy Technology still needs a funding gap of nearly 60 billion.
As the stock of new energy vehicles increases in the future, additional investment funds will surely rise accordingly.
If they invest in this company, they should not even think about making a profit in the next twenty years.
For this type of enterprise, no one can live alone and can only rely on funds from the financial market to maintain development.
Because only investors in the financial market have the patience to wait for such a long time.
Twenty years, thirty years,
Fifty years is actually about the same.
As long as there are no challenges from new technologies, the company is destined to be profitable in the future.
This is also the reason why many Internet companies are losing money every year, but investors still flock to them.
Financial market,
What we are fighting for is the future of the enterprise.
But Lu Beifeng said that if we have money, everyone can make it together.
This is only half true,
If you take his words seriously, I'm afraid you'll still be counting the money for him after being sold by him.
After learning that Lu Beifeng planned to let Bank of China Investment lead the investment and be responsible for the financing project.
Liu Jian was a little surprised, but after thinking about it carefully, he understood the other party's intention and showed a dumbfounded expression.
Lu Beifeng's reputation on Wall Street is not as good as that of a bad street, but it's almost the same.
If Dixing Investment is still allowed to lead the investment and be responsible for the financing plan of Fantasy Technology, many people will worry that he will use another civet cat to exchange for the prince.
If they let Bank of China be responsible for financing, and the Chinese prefix is well-known, many people will reduce their worries.
The two simply finalized a rough financing plan, and then asked Ma Hongbo to follow up.
Seeing this, Ma Hongbo couldn't help but sigh, this is because there is someone behind the scenes who can do things easily.
Determine the financing plan directly in a few words.
If it were up to them to seek debt financing from a financial institution.
Although the financing valuation will not be less for them, a lot of company shares will definitely be taken away.
Stronger corporate leaders, such as Ahri's Jack, have small shares and still have management rights in their own hands.
Weak business leaders, such as Didi's Chen Wei, have few shares and no management rights.
The former or the latter will face the same problem, with the founder's shareholding ratio significantly reduced.
After all, there are always thousand-mile horses,
But Bole doesn't always have it.
Like them, they only raised 10% of their A-round shares and had a tough attitude. All of this is due to Lu Beifeng.
Busy until noon,
Lu Beifeng refused Ma Hongbo's proposal to eat out, and they planned to eat in the company canteen.
The company's cafeteria can, to a large extent, reflect the true appearance of a company.
The interior and exterior decoration of office buildings, production workshops, or company cafeterias are all very new.
This is Longmen District, an important town in Guancheng after all. It started to develop decades ago. It is not like the poor area of Tianhu where everything has to be built by oneself.
Local officials have money and understand that time is money. In order to attract investment and make it more attractive, they usually build office buildings and factories first, so that companies can move here and move in with just their bags.
The number of employees in the company is not large, including front-line production personnel, out-of-town promotion teams, and company clerical staff, totaling nearly a thousand people.
Years ago, after Lu Beifeng set the tone for factory uniforms, the color of factory uniforms for all his companies was mainly red.
Everywhere you go, there is a sea of red.
In order to keep quiet and not reveal his identity, Lu Beifeng and Lin Fan put on red factory uniforms.
There is no need for Zhang Jiali, she looks like a clerk in the company anyway.
After taking three company meal cards, they went straight to the company canteen.
Lu Beifeng knew very well that his handsome appearance made it difficult for him to keep a low profile, so he even put on a mask in return.
The office building is not far from the canteen, about five or six minutes' walk.
The cafeteria is divided into four areas and can accommodate a thousand people without any problem.
Lu Beifeng and the others arrived relatively late, and there were long queues in the four areas. Everyone was queuing up with stainless steel plates.
Only when you really go deep into the factory will you know that male hormones are strong, and what China's 40 million bachelors say is true.