Lu Fei weighed up the ratio of his own equity base in AB shares. It also depends on how much he still has before going public, but it must be between 1:15 and 1:20.
Equivalent to 20% to 23% of the equity, not surprisingly still has more than 51% of relative control.
It's just "relative", and it's not a guarantee. Didn't Liu Edong get knocked down just like that?
He peeled off the shrimp shells and dipped them in soy sauce, "Take half and half, or the owner of the family who invests and the other investors, who has greater sincerity (money) and will (votes)?"
Xu Xin pondered for a moment. From the "different rights for the same shares", it can be seen that this person cares about control very much. If one more investor enters, the right to speak can be diluted and dispersed.
With few families and unified hearts, it is only a matter of a thought to abolish and establish.
"If Baring Asia is the main investor, please tell me the number."
"15%, $2.7 million."
After Lu Fei finished speaking, Xu Lei was suddenly startled. His chopsticks almost fell off his hands. He asked for 22.14 million RMB when he opened his mouth?
20%, doesn’t it cost 29.52 million, which is almost equivalent to 2 excellent total valuations?
Damn it, how dare you!
Lu Fei saw Xu Lei's shock and Xu Xin's contemplation, with a look of normality on his face.
I have a profit model, I have traffic, I have data, I have a story, I don’t lack anything. If conditions don’t allow it, I’ll make a PPT, otherwise I’ll have to trick you into asking for 3 million.
It’s not a euro, it’s a U.S. dollar!
With a snap, Xu Xin tapped the table and shook her head repeatedly.
Lu Fei remained calm and waited for bargaining. In fact, the $2.7 million was just a false shot, and the real psychological bottom line was around $2.4 million.
"This is a big thing to do, how can 2.7 million US dollars be enough?" Xu Xin said.
Lu Fei:0.0?
But I was just confused for a moment. After all, this is not the first time that the venture capital queen has done this. NetArt, Jingdong, Meituan, Three Squirrels, BESTORE...
High speed, high efficiency, high price.
"The current valuation of 8848.com is US$500 million, and Feigou.com's data is already a quarter of that. It only received US$3.6 million. How can it catch up with 8848?"
Xu Xin immediately made the decision, "I invested 5 million in Ding Sanshi before and got 20%. I will do the same this time. I will do the same for Series A of 5 million, 15%, 3.75 million US dollars!"
Lu Fei raised his eyebrows, "Oh my god, there's an unexpected surprise."
I originally planned to raise US$320 for 20% of the equity, but this time I got an extra US$1.8 million. Don’t underestimate it, it’s almost 15 million dollars!
Faced with a serious shortage of firepower and ammunition, he can directly upgrade from infantry and artillery coordination to infantry, tank and artillery combat.
If Angel Wheel is a cavalry company obtained by Li Yunlong, this time Te Niang is the entire cavalry battalion that has not been deceived by the brigade commander's phone call!
Xu Xin's generosity is not just that. She is generous and even a little greedy. If no organization is willing to eat the remaining 5%, Baring Asia has a huge appetite and will eat it in one bite.
Obviously, we are no longer optimistic about Feigou.com!
"Here's to you, Sister Xin."
Lu Fei raised his glass, drank it first as a gesture of respect, then filled up another glass and faced Xu Lei. Naturally, he also had to thank the broker.
"Dry!"
Xu Lei drank it down happily, his mood was high, he was excited and emotional at the same time.
Today we should invite reporters to take pictures of this scene and publish it in the newspapers. It will definitely be another legendary story that we will talk about!
He is a genius discovered by Bole. He is 17 years old, repeating his senior year of high school, starting a business in the middle way. He founded an e-commerce website in one month and raised US$5 million in financing. Let’s just say he is awesome!
Without a doubt, an Internet supernova.
Ding Sanshi and Zhang Chaoyang, the title simply says, "China's Little Bill Gates", that's a sect!
Are you scolding me?
Lu Fei's mouth twitched slightly, "God damn Bill Gates."
These days, the old Gates persona has not collapsed. He is at the peak of Microsoft, with unprecedented wealth and fame. There are also chicken soup articles for the soul in domestic publications such as "Reader" and "Yilin". He farts like rainbows, emm, just like deer clouds.
Before it overturned, it was indeed an appropriate metaphor.
Xu Xin agreed seemingly casually: "This proposal can be considered. The popularity of the founder of the website is very good for the website's valuation and image."
However, Lu Fei refused.
Of course, you should be high-profile when you should be high-profile, but now is not the time to be high-profile. The Internet winter is coming soon, and you will be a hero if you survive it, otherwise it will be just a joke.
When the time comes, this won’t be flattering, it will be flattering!
Zhang Chaoyang and Chen Ou are putting the cart before the horse. They are obviously engaged in the Internet, but they promote themselves as entrepreneurial stars. They are foolish and short-sighted.
As a result, one went to sell power banks and the other took classes online.
"Come on, let's eat the food. The food is cold."
Xu Xin nodded with satisfaction, her eyes shining brightly.
She did it on purpose just now, just to see if this young man would be good with such results.
Obviously, I found a treasure this time!
…………
There was a lot of fun on the table, and the banquet came to an end after half an hour.
Xu Lei had to go to work in the afternoon, otherwise he would have to give Lu Fei a foot bath in the KTV sauna and give him a good rub.
His face was flushed, he had a toothpick in his mouth, and he swaggered away with a big belly, ready to take a nap while there was still half an hour left for lunch break.
When I arrived at the office, two doorkeepers, General Hengha, were standing at the door. One was Wang Jun, and the other was Liu Chuanzhi’s secretary.
"Mr. Liu is looking for me?"
"Mr. Liu hopes that Mr. Xu can go there immediately," the secretary said.
Xu Lei returned to the office to drink a cup of tea without any haste. Before entering Liu Chuanzhi's office, he used breath freshener to cover up the smell of alcohol in his mouth, took a deep breath and exhaled, and said tentatively:
"Secretary Qiao, did Mr. Liu say you have anything to do with me?"
Secretary Qiao quietly revealed that it was related to Feigou.com, then knocked on the door and watched Xu Lei enter the room with a solemn expression.
Liu Chuanzhi held scissors in one hand and a watering can in the other, carefully repairing the potted plants, "Has Feigou.com raised funds again?"
"It's melted."
"How many?"
Liu Chuanzhi sprayed water on the potted plants, and suddenly heard Xu Lei say 5 million US dollars. He narrowed his eyes and kept his hands in perfect order. After all, he was an old fox who had practiced under the locust tree for thousands of years.
He switched to using scissors to cut off the branches, again and again, to resolve the awkwardness in his heart.
What’s special is that Joyo.com, an e-commerce website invested by Lianxiang himself, started with a starting price of RMB 10 million and was helmed by Lei Jun. With such a strong alliance, a small website with a mere investment of RMB 1.75 million was able to take the lead.
What’s even more irritating is that Feigou.com’s current valuation of 20% is already two and a half times that of Joyo.com!
What made him even more angry was that the funds used by Lu Fei, a high school student, were all money from a sneak attack on Lianxiang's domain name registration!
The bullets that were equivalent to hitting Lianxiang were all sent by Lianxiang.
The most annoying thing is that I once had an investment opportunity in front of me, but I didn't cherish it...
The more I think about it, the angrier I get, and the more I think about it, the more I lose. The scissors cut faster and faster, and more and more branches fall off.
Xu Lei was keenly aware that something was wrong in the atmosphere, and repeatedly comforted him, saying, "Being fat first is not called fat, and then fat will collapse the kang", "Lei Jun is a famous person, and there is no empty person under the great reputation. Sooner or later, Joyo.com will accumulate more and more"...
But I secretly cursed in my heart: I gave you the opportunity but it was useless.
This is only Series A. If there are Series B and Series C, if Lu Fei is really allowed to list Feigou.com, its market value will be hundreds of millions of dollars. You, Master Liu, will regret it!
"We have fulfilled our promise to introduce financing. Next time, please don't step in to help and do your job well..."
Liu Chuanzhi put down the scissors and kettle, his eyes sharp.
"Yes, Mr. Liu!"
Xu Lei silently endured the wave of resentment, returned to the office, complained to Lu Fei, and boasted:
"Brother, I got scolded by Mr. Liu because of you."
Lu Fei directly suggested that it would be better for my brother to resign his position and live happily on Feigou.com. As I started my hegemony, I still lacked Xiao He Xunyu's counselor and steward. If I defect now, I will not lose my position as a prince in the future.
Job hopping?
Xu Lei couldn't help but feel moved. Maybe it was out of loyalty and appreciation before, but he didn't have this idea. Now it's like a seed in his heart, growing crazily.
"No, I promised my old man that I will stay in Lianxiang for at least this year. When the time comes, I will be in dire straits, and you will need support!"
Lu Fei said: "The seat is vacant and you are welcome at any time."