Although the private rooms in the KTV are all soundproofed, I don’t know if the quality is poor. It seems that every one I have been to can’t block any sound.
So in the hall, Chen Zui and Zhao Yong could still hear the sounds of ghosts crying and howling in various private rooms. Six o'clock was now the beginning of the prime time period, so naturally it was not a suitable place to talk about big things.
After walking out of the KTV, facing the wind and snow, the two of them wrapped their clothes and went to a nearby cafe.
The coffee shops on Xueyuan South Road all have a special feature, that is, there are a lot of small booths. You can see it as soon as you stand up. The men and women in every booth are chatting without any serious business. Most of them are very serious, no.
They're biting each other, that's how they get started.
The two chose a role.
Ordered two cappuccinos.
Dou Di Zhu doesn’t want to throw this away these days, and Grandpa Lu hasn’t shown up yet, so it doesn’t matter. Cappuccino is still cappuccino, and the taste is just okay.
After sitting down, Zhao Yong just got to the point: "Stop talking and get straight to the point. Tell me when you want to raise funds, how much money you want, and how many shares you want to pay."
Chen Zui took a sip of coffee and said simply: "I won't consider the seed round. I want to go straight to the angel round or the A round."
"The angel round is fine, I suggest you just go for the angel round."
"May I?"
"Can!"
Zhao Yong made a decision directly: "Twenty percent equity, five million, I will directly invest in your angel round, but I need approval from the headquarters. I hope you will give me an excellent planning document like that of a hot pot restaurant, and wait until I go back to apply.
Finally, you may need to come to the magic city and give a speech in front of everyone."
Chen Zui coughed, and suddenly a smile appeared on his face: "Brother"
Zhao Yong: "..."
Originally, the situation between the two was very business-like, but after hearing the words "Big Brother", he felt that the nature was about to change.
Chen Zui: "Actually, the angel round is also a big loss. I still want to directly raise the A round."
Later in the round, the equity paid was the same, but the funds received were hundreds of times higher.
Of course, the company also needs to have a certain scale so that investors can not only see the profit model, but also the current industry situation in a practical way.
As far as Chen Zui is concerned, the Series A round is far away. Unless he can successfully replicate the group buying in university towns in the three northern provinces, he won't even think about it.
But of course he had his own reasons for saying that.
"It's impossible. Without financial support, you are purely relying on yourself to save money while expanding. When will you be able to meet the standards of the A round? It will take one year, two years, three years, or you will graduate from college. I think it will be done by then.
There are more group buying products popping up, and once you lose the first-mover advantage, you are not the only one and you will lose more!"
Zhao Yong’s words are no problem.
But this was not what Chen was planning at all.
He coughed: "Brother, to tell you the truth, since you think so highly of me, do you want to invest in me privately?"
Zhao Yong: "..."
"If you don't want five million, you want half a million."
"They are all family members, and the equity is easy to negotiate."
"As long as I have 500,000 yuan now, I think I can expand the group buying business to the three northern provinces."
"When the time comes, wouldn't it be great if you and Jinjiang Venture Capital, who are behind you, come in to invest in Series A!"
Zhao Yong: "..."
He didn't know why Chen Zhi could shamelessly say such things.
But I have to say that his proposal is very tempting.
In fact, the reason why angel investments in this world are called angels is that, in addition to providing help in times of need, most angel investors are family members, relatives, and friends of entrepreneurs.
Equity and other things are also important to these people, but the more important reason is trust.
And Chen Zui's performance in the past twenty days is indeed trustworthy.
He also thinks that group buying can be done.
If you invest by yourself, the equity can be smaller, and the key benefits will be divided entirely by yourself.
Five hundred thousand is an astronomical figure to ordinary people. To him, it is actually not a small amount, but it is not nothing either.
So Zhao Yong is caught in a dilemma
Chen Zui was still whispering to the devil
"I know that as investors, you are a little unprofessional when it comes to private investment, but we are different, uncle, what do we have to do with each other?"
"And if you think about it, Jinjiang Venture Capital will also come in in the A round, and your institution will not be eliminated, so there is no need to bear any burden."
"But we agreed, if we can reach the scale of Series A and other investment banks come to me, I will do business. It will be up to who gets more money and asks for less shares."
"Do you think this is true?"
Zhao Yong: "..."
Chen Zui coughed again: "And"
Before the conversation continued, Zhao Yong knew something and what happened next.
She is Chen Zui's sister, his sister
Of course, Zhao Wanrou would not be able to afford half a million yuan.
If she gets it, she and Jinjiang Venture Capital will have to wait for the Series A round before entering. The key issue is that if he can reach the Series A round, as he said before, it will definitely attract the attention of the capital market.
It's hard to negotiate the price.
Chen Zui, the little fox, came prepared today.
The key point is that he really made the right calculation. He is indeed optimistic about the group buying market and Chen Zui. His performance makes him a backup.
Zhao Yong thought for a while and took a deep breath: "Fifty thousand is fine, and equity is easy to talk about, but there must be one thing. We must first negotiate the price of Jinjiang Venture Capital in the A round. It is fixed and cannot be changed."
This proposal was successful. Zhao Yong used his own money to advance the advance payment for a small project. Although the private investment of 500,000 yuan was a private investment, because of the special terms, he also made it reasonable and well-founded.
Jin Jiang Venture Capital’s decision to retain a backup plan does not constitute a violation of professional ethics.
Chen Zui nodded in agreement.
Then they started arguing about how much money they would raise in Series A and how much equity they would pay.
The intention is confirmed, but negotiations have just begun.
…
Time passed quietly, and when it was almost twelve o'clock, the coffee shop was about to start proofing.
Both Chen Zui and Zhao Yong showed the characteristics of being careless, stingy, and unwilling to give in.
So we probably won’t be able to finish talking today.
Zhao Yong didn't know that Chen Zui never thought about confirming anything today, so as soon as they stopped talking, he didn't mention a word and took Zhao Yong back to the KTV.
In the KTV private room, everyone who had been singing for almost five hours was still very excited.
As soon as Chen Zui and Zhao Yong came in, they received a warm welcome.
After all, Zhao Yong has fought side by side with everyone, so when he looked at the children in front of him, although he didn't know some of them, he knew most of them, and he felt a little friendly for a moment.
Zhao Xiaokai served him wine first without saying anything.
With one look, Wenwen immediately sat on his right side. She was familiar with this job.
Chen Zui asked: "Brother Yong, what do you want to sing?" while raising the bottle of wine.
Just when Zhao Yong felt that something was wrong, his sister also sat on his left side.
Zhao Wanrou smiled happily: "Brother, take a sip."
Zhao Yong took a deep breath, but still drank
He wasn't sure if this was to form a group to cheat.
I can only say that it seems to be the case, but not entirely.