Chapter 020: The advantage of Daguotian, compromise? It doesn't exist!
There is a standard in the investment circle. The so-called "unicorn" company refers to a company that has been established within 10 years, has a valuation of more than 1 billion US dollars, has received private equity investment and has not yet been listed. As a representative of explosive growth, "
"Unicorn" companies are considered to be the epitome of technological innovation.
The potential shown by Coastline Technology is more than 1 billion US dollars, and the valuation of tens of billions of US dollars is even conservative. Obviously, this is a super unicorn company.
However, this only shows the potential. No matter how high the valuation is, it is essentially illusory. Coastline Technology is still a start-up company without any profitable projects. It is basically in the early stage of burning money.
The early stages of start-up technology companies are basically in this state.
The number given by idg Venture Capital is quite satisfactory. As a seed round investment, it is comparable to angel investment. Two hundred million US dollars is an astronomical figure. Very few start-up technology companies can get two hundred million US dollars in seed round investment.
And investors only get 20% of the shares.
But then again, the prospects shown by Coastline Technology are also quite amazing. The value is almost within reach, and capital is naturally profit-seeking and greedy in nature. This move of idg Venture Capital is definitely not based on the situation of having too much money.
Flowers, but I know very well that I can't eat it alone and I don't think so, but I obviously hope to get the biggest share from this cake.
According to the speed at which technology companies are burning money, it won’t be long before round A, B, and C rounds of financing are launched. With the business prospects currently shown by Coastline Technology, if IDG Venture Capital Fund does not want its shares to be diluted, it must be
Follow the investment or even lead the investment.
After several rounds of financing, IDG Ventures may hold more than 30% of Coastline Technology's shares, becoming the second largest shareholder after the founder, and it is very possible that it may even be the largest shareholder.
Among the world's famous technology giants, only a few of whose founders hold more than 20% of the shares.
However, Shen Taoli obviously underestimated Ye Hua's ability and strong desire for control. If it hadn't been for that adventure, Ye Hua had founded Coastline Technology and developed holographic technology, and might have compromised and bowed to capital.
But as a man with golden legs and huge advantages, compromise? It doesn’t exist!
After mastering the core technology, if there is no financial support, he will start little by little. If he has the ability to develop the technology himself, Ye Hua has even thought that if he encounters resistance, he will open a private cinema by himself and use his own technology.
Are you still worried about not being profitable with holographic technology?
Opening a private cinema only costs a few million, and Ye Hua can still afford it.
It’s not like there are no companies that have succeeded without compromising with capital. A living person can still be choked to death by urinating. Ye Hua is a tough guy. A tough guy is like a boss who won’t look back even if he breaks through the wall.
Putting away his thoughts, Ye Hua pretended to be shocked and exclaimed: "Twenty million US dollars and more than one billion soft girl coins, how can you spend so much money?"
Shen Taoli was stunned, and said in his heart that the loss was huge. If he had known it, he would have offered 100 million US dollars, no, 100 million soft sister coins would have been fine. I had seen Ye Hua talking at the exhibition before, and every word and action was meaningful.
The style of a technology guru seems to be high-end now.
Now that the words had been spoken, he could not take them back, but Shen Taoli's confidence doubled, and he immediately smiled and said: "Haha, Mr. Ye, this is a sign of idg's sincerity. Although two hundred million US dollars is not a small amount, but a technology company During the start-up period, most people burn a lot of money, but not a lot...then your company agrees."
Shen Taoli waited for the other party to nod in response, but what was waiting was Ye Hua who said tactfully: "I'm sorry, Mr. Shen, Coastline Technology currently has no tendency to raise funds externally."
"Well, then let's get together next...what?" Shen Taoli didn't have time to react. When he came back to his senses, he immediately looked at Ye Hua in shock. This rejection was really unexpected.
Shen Taoli and his assistant looked at each other with doubts in their hearts. Looking at the other company's current company, it seemed that it was indeed not short of money. After all, a start-up company that was short of money could not afford the land rent of the central building.
Finally, when I saw Ye Hua being so confident and confident, could it be possible that the other party really had a strong background? After thinking about it carefully, I think it is very possible. There should be a powerful scientific research laboratory behind such a powerful technology. .
For a moment, Shen Taoli couldn't judge easily anymore. All the signs showed that the other party's background was not simple.
But he still didn't give up so easily: "Mr. Ye, do you think idg Venture Capital is not sincere enough, or is it due to other reasons? It doesn't matter, we can talk about anything."
"Mr. Shen's sincerity is beyond words, but Coastline Company currently has abundant funds, and external financing is not currently included in the company's development planning sequence." Ye Hua added again.
Seeing Ye Hua's statement, Shen Taoli had no choice but to express deep regret, but before leaving, he also took out a business card and told Ye Hua that if Coastline Technology Company had any financial difficulties, he could call him directly. .
It is obvious that Shen Taoli cannot give up so easily, but now he has not figured out the origins of Ye Hua and Coastline Technology, so it is difficult to make a judgment. At the moment, he should investigate clearly first.
Ye Hua personally walked the two visiting VC investors to the door. Shen Taoli did not forget to mention the issue of financing cooperation again, showing great sincerity, and finally left after exchanging a few words.
Qiao Wei, who was following her, also had admiring eyes in her eyes. Unexpectedly, Ye Hua, who had been reticent at classmates' dinner gatherings, was able to talk to these investors with ease from beginning to end.
Ye Hua watched the two VCs disappear from sight, turned around and threw the business card in his hand into the trash can without any hesitation.
Not long after, several groups of VC investors came to the company, including the famous SoftBank Investment. Investment funds from some Internet technology giants also came. Several groups came and several others left. Many of them left unwillingly.
Start-ups like Coastline Technology are typical of those who have abused VC thousands of times and chase them like first love. After all, you can’t make trouble with anyone but money.
…
In a hotel near the central building in Shangdu City, Shen Taoli stood in front of the window sill and looked at the central building. Hearing a voice coming from the mobile phone next to his ear, he said in shock: "What did you say? He has no background?" Is it a pure start-up team?”
A voice came from the other end of the communicator, "...the information we investigated shows this. If he really has a profound background, then he must have a rich background. Even we can't find a trace of it. It's better not to mess with such a person." Wonderful. However, I believe the former more. If he really has a background, why would he go to the International Electronics Show? That doesn’t make sense.”
"I know." Shen Taoli hung up the phone and looked at the central building with disdain and sneer gradually showing. At first, he was suspicious and thought he was a person with a background. He never expected that this would be the result. It turned out to be a technical person. Genius, business fool.
"One has no background, the other has no capital, the third has no connections, the fourth has no platform, and is still unwilling to share with VC. The help of capital will become your biggest resistance, and the best goodwill will become your greatest malice. I will educate you well." A lesson, young man."
