Cao Chenghui said again: "In the angel round financing stage, it is of little significance for Quantum Beat to conduct pre- or post-investment valuations now, and the risk is also the greatest. Since I plan to invest this money, I must be prepared to lose money. Venture capital
Well, the money from the stars is not brought by strong winds, so you can make an offer first."
The investor's aura is pretentious, and Mr. Cao has always been good at pretending to be X.
As soon as these words came out, Xu Jingren and others subconsciously looked at Fang Hong, thinking that this VC was indeed difficult to deal with. He could take the initiative in this way. If he wanted less money and more equity, he would get a big advantage. Otherwise, he could refuse.
.
Regarding this issue, Xu Jingren's roommates didn't know how to value Quantum Beat, and they didn't know how much money to get or how much equity to sell.
You can only look at the boss!
After a while, Fang Hong said in a deep voice: "5 million, selling 8% of Class A equity, what does Mr. Cao think?"
When Xu Jingren and his roommates heard the price quoted by Fang Hong, their hearts beat wildly.
Good guy!
Want so much as 5 million to sell only 8% of the equity?
That is to say, the overall valuation of Quantum Beat is now 62.5 million yuan? Then the equity ratio held by everyone is worth 8 million yuan?
For these young college students, this is absolutely an astronomical figure.
Cao Chenghui immediately said readily: "Okay."
When Xu Jingren and the others heard this, they were shocked again. Did they agree? The roommates didn't react for a while. They were thinking that there must be a bargaining session, right?
But then, Cao Chenghui added: "But I have a request. Quantum Beat's equity structure is an AB share structure. In theory, if I invest this money, I will have no right to say anything. If you use it to mess with me a little bit,
There is no way, this is a huge risk for Qunxing Capital, so I want Quantum Beating’s veto power, otherwise I would rather invest this money in Fanfou than in Quantum Beating.”
Fang Hong immediately said cheerfully: "Okay!"
To sing double yellow and perform a show, you need to go through the entire process.
Cao Chenghui smiled and stretched out his right hand. Fang Hong also extended his hand immediately. The two shook hands and reached a consensus.
Fang Hong looked at Xu Jingren and the others again: "Brothers, I'm going to sign the contract with Mr. Cao. See you later."
The roommates nodded repeatedly, feeling almost uncontrollably excited. Fang Hong couldn't hold back his anger when he saw them like this. They needed more experience to be good at it.
Cao Chenghui also got up and the two of them left the studio together.
Several roommates immediately lay down by the window. After watching Fang Hong and Cao Chenghui get into the BMW and drive away, everyone finally couldn't hold it any longer, and the five of them shouted collectively!
"Fuck! Fuck! Fuck...5 million is negotiated like this?" Lou Gaoyuan was so excited that he couldn't help himself.
"This is how I became an eight millionaire..." Yuan Jie looked like he was thinking about life.
"Five million!" Wang Ping roared excitedly: "We are developed!"
"Boss is awesome!" Sun Xin roared.
"Okay, brothers, calm down a little. Seeing how far you have come, it's not time to celebrate yet." Xu Jingren said immediately. In fact, he was also very excited inside, but as the CEO of Quantum Beat, he still had to pretend.
Calm down for a while.
After a while, several roommates finally digested it, but everyone's face was rosy, obviously the excitement had not completely subsided.
After receiving 5 million in angel round financing, several roommates increasingly felt that this career was promising. At the same time, Fang Hong's prestige and influence in their minds were further strengthened, which also helped Fang Hong's reputation and achievements.
There is a corresponding increase in points, but it can be ignored compared to Cao Chenghui.
After all, Xu Jingren and the others do not have any influence themselves.
…
"Boss, I didn't mess up my performance, did I?" At this time, the driver of the BMW driving on the road became Cao Chenghui. The driver hired before was a temporary worker and had already settled the money.
Fang Hong is now moving from the co-pilot to the back seat of the car. The car is driving towards Binhu Community. The contract and other matters have already been settled, and now he is going to get the documents.
"Good acting. You will keep this persona from now on, and there will be Pre-A round, A round, B round and other rounds of financing." Fang Hong nodded with satisfaction.
Cao Chenghui was also very happy to receive the boss's approval.
Fang Hong added: "Follow me. I hope you don't stop at personality. Go back and recharge your batteries. The position of General Manager of Stars Capital cannot be secured by qualifications alone. Your ability must be in place."
"I understand, boss!" Cao Chenghui nodded solemnly.
"I hope that the position of general manager is yours, not the end. I also hope to see you on the board of directors one day." Fang Hong said, let's draw the pie first. Drawing the pie is a basic skill necessary for a boss.
.
"I understand, I will definitely live up to your expectations, boss!" Cao Chenghui was very excited. He understood what he said, which meant that even if the boss wanted to promote you to the board of directors, you still need to provide results as support to prove to others that you are qualified.
Sit on the board of directors, so that it will not be difficult for the boss to promote you, and you can convince the public.
"By the way, boss, when will the company expand its staff?" Cao Chenghui mentioned casually while driving. Currently, Cao Chenghui is the only commander of Qunxing Capital, and Fang Hong does not appear in the list of Qunxing Capital employees.
"No rush." Fang Hongyan said concisely and comprehensively.
In fact, he also wants to expand the number of employees and make the company as regular as possible as soon as possible, but first he has to recruit generals, that is, find the leader. Cao Chenghui is not qualified to take on this important task now. Of course, Fang Hong himself is fine, but what he wants to do is behind the scenes.
Take control of everything, do not directly go out to do things personally, and do not directly appear on the list of senior executives of Star Capital.
Fortunately, we are not in such a hurry at the moment. Another thing is that the scale of funds is not yet in place. Fang Hong now has more than 12 million, and he has raised 5 million for Quantum Beating. This will definitely be transferred to the company of Quantum Beating and cannot be misappropriated.
Moreover, once the product is launched, it will start to burn money, and it is not very affordable.
…
Cao Chenghui drove his boss to Binhu Community and separated. When he got to the house, he took out the contract materials. Fang Hong returned to Quantum Beat Studio alone with the materials.
"Hey, you guys are having trouble?"
When Fang Hongqian entered the room, several buddies directly lifted him up and coaxed him to sit on the sofa.
"It turns out that it is a wise choice for you to form the brain of our team and be our leader." Sun Xin said with a smile: "Brothers must raise money tonight to give me a good show!"
Seeing some friends making a fuss, Fang Hong immediately said: "Okay, okay, stop making trouble and let's talk about business."
After hearing this, everyone quickly calmed down. Fang Hong also felt that several roommates were now full of enthusiasm and full of confidence and expectations for their careers and future.
fine.
Fang Hong took out the materials and looked at the roommates sitting together and said: "After we introduce capital, Quantum Beating's equity will also change accordingly, and everyone's shareholding ratio will also be diluted in equal proportions."
Everyone nodded.
Fang Hong added: "The changed equity structure is that 18.40% is reserved for the option pool, which dropped to 11.96% for the five of you, to 13.80% for me, and 8.00% for Qunxing Capital. In addition, Qunxing Capital asked for a board seat and
One vote of veto power, so Quantum Beat’s board of directors increased to seven seats.”
Several roommates nodded silently again. Although the equity was diluted, the total value increased because this investment gave Quantum Beat a valuation of more than 60 million. This is the first time that the company has a relatively fair value. Xu Jingren
They never expected that the company's products would be worth so much before they were even launched.
Fang Hong handed them the materials one by one and said, "Sign them all. I will go to the Industrial and Commercial Bureau to register the equity change later."
