Generally, venture capital is divided into seed, angel, ABCD and other rounds.
The earlier the financing, the more equity needs to be delivered, and the financing amount is smaller.
On the contrary, the later rounds go, the less equity needs to be delivered and the amount of financing is larger.
If a company can always be optimistic, there is a high probability that it will choose to go public after the C round.
Not to mention that the capital will cash out after listing, or choose to hold part of the equity for long-term benefit planning.
In short, for entrepreneurs, few people will refuse venture capital, because in addition to providing money, a good investor will bring industry contacts, advanced experience, and various kinds of help to the entrepreneur.
Chen needs venture capital the most.
The barrage had told him countless times that the future world was called ‘capital’.
Business wars in the future will still be fought for profit, but the one who must first burn money and occupy the market and bleed endlessly, and finally the one who crawls out from the dead will be the winner.
Without the support of capital, the probability of success in such a battle is 0, so the introduction of venture capital is a matter of time.
However, this timing needs to be controlled. Chen does not want to hand over a large amount of equity in exchange for small financing in the early stage, so the seed round is not considered.
For him, the most perfect time is to conduct an angel round or directly enter the A round after he has completed the initial construction of the group purchase, successfully created a replicable business model on Xueyuan South Road, and opened a website.
That should be a matter of next semester, and next semester will be next year.
Next year is 2009, and there is still one year left before the Thousand Regiments War, enough time for him to get a head start after raising funds.
Therefore, he must find a reliable VC, that is, a professional venture capital manager, to raise funds.
Zhao Yong is not only a future venture capital giant, but also Zhao Wanrou’s cousin. Is there any better partner than this?
And coincidentally, according to the information provided to him by the barrage, the famous celebrity Zhao Yong will not only get married at the end of the year, but he also believes in Buddhism.
Next year in 2009, the Temple of the Emerald Buddha in Magic City will donate 10 million to the foundation to establish the Juequn College Student Entrepreneurship Fund. This foundation will support full-time college graduates in Magic City to start their own businesses in Magic City in the form of subsidized loans.
At that time, the Ele.me team will become the first batch of beneficiaries after the establishment of the fund. Zhao Yong, as a judge, became acquainted with the investment in Ele.me
Therefore, Chen Zui forced a wave of targeted foreshadowing at the dinner table.
Not to mention this kind of metaphysical foreshadowing, what impact will it have on Zhao Yong after he gets married?
Anyway, if there is no achievement, it is just a child talking nonsense.
When it becomes more or less it will add some weight.
All in all, this wave is a sure profit and not a loss.
Just, it's a little bit abrupt.
As a result, Zhao Yong frowned, and Zhao Wanrou laughed: "When will you know how to tell fortunes?"
Chen Zui took a bite of mutton and said without blushing, "I feel it."
Zhao Yong: "..."
The topics he brought up before were all for the sake of his sister and to test this kid.
This wave of fortune telling really disrupted his rhythm completely.
So much so that he didn't know what to say next.
If he doesn't know what to say, he won't say it. Anyway, from the bottom of his heart, Zhao Yong feels that his sister and Chen Zu are not suitable. If the prediction is correct, this kid will probably mention his own entrepreneurial matters next, either to ask for advice or to flatter him.
, let’s ask myself about this uncle.
But no.
Next, Chen Zui didn’t mention a word about starting his own business and talked nonsense the whole time.
Even if Zhao Wanrou mentioned the future development of hot pot restaurants, he did not express his opinion and just eat meat, eat meat, eat meat.
eighteen years old
It's really edible
Zhao Yong didn't know.
Chen was stuck on a future point.
Waiting for him.
He is not in a hurry now.
…
…
The hot pot meal ends.
It can't be said to be enjoyable, nor is it tense.
Prejudices between people can never be eliminated with just one or two words.
Of course, Zhao Yong is still biased against Chen Zui, but it has to be said that Chen Zui, a pretty boy, at least has some discernment.
And this is indeed what Zhao Yong needs, he needs to talk to his sister alone.
Zhao Wanrou drove her cousin home.
Zhao Yong was chatting about home affairs in the car. When he returned to the house, he was not in a hurry to speak. Instead, he first took out the gifts and specialties specially brought for his sister from the suitcase.
"My mother asked me to bring you a box of cosmetics. She said yes, but I don't know where to go."
"My dad asked me to bring you the Dingsheng cake. Didn't you tell me it was delicious last time?"
"Also, I brought this for you."
As he spoke, Zhao Yong took out a stack of resumes, which were all young talents he met in Shanghai.
Zhao Wanrou was not interested in this before, and of course she is even less interested now. She just sat cross-legged on the sofa and asked, "Are uncle and aunt in good health?"
"Be brave. Your uncle goes fishing when he has nothing to do. There is a fishy smell in the house every day."
"Your aunt is now obsessed with square dancing. Sometimes she dances with the old man. Your uncle is very dissatisfied. The two of them often quarrel over this, haha."
As he spoke, Zhao Yong put down and closed the suitcase, sat down next to Zhao Wanrou, and finally started the formal conversation: "How did you divide the shares in the hot pot restaurant?"
As a VC, this is what he worries about the most.
Chen Zuizi couldn't bring himself to mention this before. It would be fine if there was no trap for the pretty boy. If there was, he, as a cousin, would have to help his sister avoid this trap in advance.
Zhao Wanrou couldn't understand her cousin's thoughts, so she got up and went to the study room and took out all the business plan written by Chen Zui, as well as the equity allocation and other documents.
After handing everything to Zhao Yong, she sat on the sofa and turned on the TV.
So in the spacious living room, Zhao Yong used rustling sounds to soundtrack the bloody idol drama on TV.
The two brothers and sisters who hadn't seen each other for a long time, one seemed to be very engrossed in watching TV, and the other was concentrating on flipping through documents.
Fifteen minutes later, Zhao Yong's hand stopped moving.
Zhao Wanrou finally stopped watching the idol drama and looked at him: "Have you finished watching it?"
Zhao Yong pondered for a moment and put the documents aside.
There are no pitfalls in the contract, which is good, otherwise it will cause trouble in the future.
The share distribution ratio is also very reasonable, with my sister absolutely holding 50% of the shares.
The only drawback is that Chen Zui has veto power, but in terms of profits, he actually signed a gambling agreement, and only more than 20 branches will receive dividends.
If he can open more than 20 branches, then Chen Zui will certainly deserve 30% of the dividend rights.
In other words, there is no problem with hot pot restaurants.
But the problem lies in that hot pot restaurant’s business plan. The problem is not that it’s not bad, but that it’s too good.
The concept is advanced, the execution is strong, the thinking is clear, the details are in place, and the planning is very complete.
Since becoming a VC, Zhao Yong has read countless business plans every day, and this plan is undoubtedly among the best.
So he had to ask: "Is this what Chen Zui wrote?"
Zhao Wanrou raised her head and said arrogantly: "Otherwise."
Zhao Yong: "That's because I underestimated him."
Zhao Wanrou agreed, and then said: "Brother, I especially understand what you would think after you suddenly came to Songcheng and saw that I found a little boyfriend."
Zhao Yong: "Normal people have it, okay. I care about you too."
Zhao Wanrou: "But actually, in your eyes, Chen Zui's shortcomings are nothing more than that he is a little younger and a little prettier."
Zhao Yong sounded awkward, but it was true.
Zhao Wanrou added: "Besides these two shortcomings, you will really find that he has a fatal flaw in the future."
"What?"
Zhao Wanrou looked at her cousin and said seriously: "Talent."
Zhao Yong: "..."
"Brother, you won't be jealous of him, right?"
"I don't."
"Brother, you were still secretly wearing skirts when you were eighteen."