Chapter 33 Life with a net worth of 300 million dollars
"Is Robin Lee crazy?"
This is an issue that has been hotly discussed in the venture capital circle recently, because Xiong Factory’s decisive and generous approach this time is completely unlike his previous investment style.
Didn't you hear that the war investment department has been replaced?
Someone soon found out that this decision was made by the boss Robin Li personally. You must know that the more clingy a person is, when they really get aggressive, they can do surprising things by gritting their teeth and stamping their feet.
Everyone can only explain it this way.
No matter what the outside world speculates, no matter how many people in Beijing and Lin'an are scolding each other in the office, it has no impact on Lin Yidu.
He was explaining the source of the money to his team members in the office. Everyone except the senior sister had just learned of the shocking news.
120 million US dollars!
This number should not be compared with other taxi-hailing software, it can be counted among start-up companies in the entire IT industry.
When outsiders want to discuss the speed of wealth creation in this industry, they often use the phrase "unicorns in three years and Nasdaq in five years."
The so-called unicorns are startup companies with a valuation of more than US$1 billion. Nasdaq is the most commonly used exchange for listing U.S. technology companies.
Although the post-investment valuation of Wanli Travel is less than 1 billion, it has only been founded less than half a year ago!
All in all, this is a super bombshell.
"Big companies like BAT are different from ordinary venture capital institutions. After all, they are still enterprises rather than financial institutions, so when investing, they value strategic value and business synergy rather than economic returns."
"If I were dealing with venture capital, it would be impossible to get such a valuation and financing amount at this point in time."
Lin Yi explained it himself and found that his colleagues didn't care why Xiong Factory was willing to give money, as long as the money arrived!
Yep, morale is 100.
On the day the news was announced, Lin Yi once again received a wave of phone calls. He didn't have time to reply to them one by one until he was busy with all his work. It was already late at night when he returned to the dormitory.
Lin Yi is currently staying in Jingdian's dormitory. Because he often travels on business and leaves early and comes back late when he is in Beijing, he rarely meets his roommates.
But this time, when he went back, he found that none of the three people in the dormitory were sleeping.
After Li Jianguo dropped out of school, the school did not arrange for anyone else to live in their dormitory, and local Duan Yumin often went home, so there were only three "permanent residents" in the dormitory:
Zheng Xun, Wang Wenfeng and Lu Zilong.
Now the three of them were looking at Lin Yi who had just entered the door with strange eyes, making him wonder if he had something on his face.
"What's going on?"
Wang Wenfeng walked around him, looked at him carefully, and then said seriously: "Observe the difference between the physiological structure of billionaires and ordinary humans who are Muggles."
Lin understood this as soon as he heard this. Many people who called today also asked about this matter.
This calculation cannot be miscalculated. He actually got 12.8 million US dollars from the 20 million US dollars sold on the casual takeaway website, which was less than 100 million US dollars converted into RMB.
This time it's different.
The post-investment valuation of Wanli Travel reached US$500 million, of which Xiong Chang and Liu Jianni took a total of 24% of the shares without fulfilling the performance promised gambling conditions.
Normally, under such circumstances, there would be a chance to negotiate a valuation of 600 million with Xiong Factory, but Lin Yi was worried that Robin Li would not change his mind if he thought about it again, so he would rather acquire 4% more shares.
Calculated based on 500 million, Lin Yi accounts for about 80% of the remaining shares, and the rest belongs to senior sister, CTO Wang Kai, and is reserved for other team members.
In other words, after this round of financing, Lin Yi’s theoretical net worth has exceeded US$300 million!
This number is too abstract. What is the specific concept?
Calculated based on the U.S. dollar exchange rate and gold price in 2013, it is approximately equivalent to six or seven tons of gold.
Lin Yi himself was shocked when he thought of this. He also found this value-added speed incredible. However, his own reaction may be a little calmer because the US$300 million cannot be spent.
"The valuation of financing is just a reference. If this venture fails, then my shares in Wanli Travel will be worthless. You don't need to take it too seriously."
Lin Yi didn't want the people around him to have any change in their attitude towards him, but in reality it was impossible for them to remain indifferent at all.
His words were equivalent to indirectly acknowledging the title of billionaire. Although Wang Wenfeng and others did not know the specific number, they definitely understood that the unit was "100 million US dollars".
Zheng Xun hesitated and said, "Lin Yi, you are now an entrepreneurial star in the school. After the Youth League Committee's official account forwarded your financing news today, many people came to us to inquire about you."
"This time, not only are the classmates in the class making fun of you, but a bunch of people you know and don't know came over to ask questions. I'm not even sure if they are from the school."
"Of course we won't talk about your affairs outside, but you come and go alone in school every day, and you go out early and come back late. Do you have to pay attention to safety issues?"
He immediately added a few words: "We don't mean anything else, and you are welcome to continue living in the dormitory."
"The three of us have been waiting for you until now, just to remind you that your status is different now, so it's better to be careful."
Lao Zheng's attitude towards him was still different. When Lin Yi realized this, he sighed inwardly.
No matter what they said, beware of others having evil thoughts, this reminder came very timely, and Lin Yi himself didn't realize it yet.
As the saying goes, people die for money and birds die for food. Although Lin Yi knew that his wealth was temporarily empty, the robbers may not understand this.
As a billionaire, it's fine if no one knows about him. Now that everyone knows about him, he still lives in a student dormitory, which is indeed a bit out of place.
Lin Yicheng and the others thought it was too strange to bring a bodyguard in and out of the school, so he thought about it and said:
"I understand, I will find a house outside as soon as possible and move out. But no matter what, I will still belong to this dormitory, thank you brother."
In this life, I have not taken a few serious classes since college. If I move out of school, my short campus life will be over.
Fortunately, he doesn't worry about his graduation. It can be seen from the fact that the school's public account reprinted the news of Wanli's trip, which is still an achievement.
Lin Yi hugged each of them, and the atmosphere suddenly became a little sad, reminding them all of when Li Jianguo left at the end of last semester.
Thinking of Li Jianguo, Lin Yi had not seen this old man since he left Korea. Because he was busy with his second business start-up, and Lin Yi was not the chatty type, the two had little contact, and they still got it from their roommates.
I found out that he had already enrolled in school.
"When Jianguo comes back to China during the holidays, let's make an appointment to grill wings like crazy and have a late-night snack."
Some places may not be anything special, they just carry a period of youthful past, so they always have a special place in memories.
The three of them all nodded and agreed. Wang Wenfeng hammered him on the chest and said with a smile what they had agreed to a long time ago:
"As long as you are rich and noble, don't forget each other."