A few days after Changqing left, he called Zhang Yida and said on the phone:
“Mr. Zhang, on behalf of Goldman Sachs, I agree with Yimin Net Financial’s valuation of US$2 billion!
But we have a condition!"
"What conditions?"
Zhang Yida was calm in his heart. As long as Goldman Sachs's request was not excessive, he could agree to it.
After all, Yimin Wangjin is going to be listed in the United States next. It is an unfamiliar place and cannot do without the help of Goldman Sachs, a Wall Street giant.
"20% of the shares! Whether Yimin Wangjin is issuing additional shares or diluting it, give us 20% of the shares of Goldman Sachs.
Goldman Sachs fully supports the listing of Yimin Net Gold!
Package you as China’s Zuckerberg!
If you want to do it, make it bigger and make the listing more public. This will be beneficial to all of us."
Changqing said on the phone, his tone was very exciting, imagining the future scene where Yimin Wangjin’s market value would be tens of billions of dollars. Don’t feel too good about that!
After the first round of contact with Zhang Yida that day, he fed back the results of the contact to his superior, Big Nose.
After getting Zhang Yida's personal information and Yimin Wangjin's operating information, Big Nose's superiors immediately made the decision.
Vote! You must vote! Get more shares!
This is the Chinese version of Zuckerberg! An entrepreneurial hero! The story must be very touching to tell.
P2P online lending is sweeping China and the United States at this time, and the future is bright!
When it comes to picking up money, what else should you consider?
After receiving the instructions from his superior Big Nose, Changqing made the call excitedly.
While I was on the phone, I was thinking, if Yimin Net Financial earns a 5-fold return on this deal, how much dividends can I get out of the billions of dollars in profits?
Maybe it’s time to change to a yacht! The original one with a length of more than ten meters was still too small, making it inconvenient to do things.
It’s time to change to a three to forty meter long one!
Zhang Yida was also shocked. It seemed that the pie he painted was so tempting that it deeply attracted Goldman Sachs executives.
Not only does he agree with the valuation of US$2 billion, but he also wants to get more shares and make a fortune from listing in the future.
Refuse?
Why refuse!
"Okay, I'll discuss it with the management and early investors and get back to you as soon as possible."
Zhang Yida readily agreed and began to think about how to sell the 20% shares.
…
"What? You said that Goldman Sachs agreed to give Yimin Wangjin a valuation of US$2 billion and also asked to release 20% of its shares to them?
Is it okay to issue additional shares or transfer them?"
Xu Xiaoming looked surprised, then smiled broadly. Looking at Zhang Yida's young face, he sighed in his heart:
It’s really my money tree! Ruixiang just cashed out, and now it’s Yimin’s turn.
In addition, Pate.com and Huimin Bicycle are also developing rapidly, and it is estimated that the return on investment will be indispensable in the future.
Looking at Zhang Yida, the more he looked at it, the more he liked it, and he wanted to rush over and kiss him twice.
But after thinking about it, forget it. If it scares the children, they will be dumbfounded if they don’t play with themselves in the next project.
"Yida, what do you think? Are these 20% shares issued or transferred?"
After Shen Beipeng heard Zhang Yida talking about this great news, he was surprised for a few seconds, but he soon regained his composure.
It was he who introduced Goldman Sachs to Zhang Yida. He was on a business trip and did not participate in the first round of financing negotiations.
Unexpectedly, Zhang Yida's methods of demagogueing people became more and more sophisticated, and even Goldman Sachs was drunk with ecstasy soup.
Not only did they agree to a valuation of US$2 billion, they also had a heavy position of US$500 million.
He is also a venture capital investor, so naturally he will take a heavy position in a project when he knows that it is extremely promising.
"Investors should be given priority! When we raise funds, you will have the first right to sell."
Zhang Yida said calmly, giving priority to cashing out investors, which is one of the necessary conditions for every venture capital agreement.
Xu Xiaoming and Shen Beipeng will take the remaining share before it is the entrepreneurial team's turn.
Fan Hongyang and Zhuang Chuguang also looked at Zhang Yida with hopeful faces. After Yimin Financial Management and Yimin Puhui merged to form Yimin Online Finance Group, Fan Hongyang was promoted to CEO of the group and Zhuang Chuguang was appointed president, both of whom had a certain share of shares.
Especially Fan Hongyang, who is a member of the founding team and still has 4.5% of the shares after the last round of financing.
When Zhang Yida liquidated his shares in Huinong Dai, he personally transferred shares worth more than 6 million yuan from Yimin Financial Management shares to him as compensation.
More than 6 million yuan, which is almost 1 million U.S. dollars. At that time, his shares were valued at 1 billion U.S. dollars, which was converted to 0.1%.
His current stake in Yimin Wangjin Group is 4.6%, which is worth US$92 million based on a valuation of US$2 billion.
Before I knew it, I had become a billionaire!
Fan Hongyang was filled with emotions. Originally, he was just a middle-level operations director at Ali, but he switched jobs to Yimin to start a business with Zhang Yida.
In just over a year, he actually became a billionaire.
I felt a little excited, and at the same time I was very grateful to Zhang Yida for giving me this opportunity.
From the ordinary middle class, I suddenly jumped to the upper class.
Zhuang Chuguang is okay. He joined Yimin late, and most of what he got were options. It will take him several more years to convert all the options into equity.
However, he secretly did some calculations in his mind and concluded that based on a valuation of US$2 billion, his options would be worth several million US dollars.
I secretly thought that I must perform better this year and try to get some options before going public.
Shen Beipeng was a little hesitant, wondering whether he should cash out part of his shares. Especially the strong optimism from Goldman Sachs made him even more uncertain.
Blackshirt Capital has a small stake in Yimin Group, only 8%. It originally invested US$50 million and is now worth US$160 million.
The book return only earned US$110 million, which made him a little unwilling.
Xin Yiheng said:
"Heishi wants to continue to invest, as long as he maintains 8% of his shares without being diluted."
Xu Xiaoming glanced at his old friend in surprise, but then he understood that his old friend was unwilling to give up and did not want to leave because he felt that he was making less money.
The Heishi family has a great cause, so let him go!
He glanced at Zhang Yida and said with a smile:
"You still have more than 70% of your equity, right? Are you feeling any pressure? I originally wanted to sell 1% and keep 1%.
If you are afraid of being diluted, I will liquidate all 2% of my shares!"
"There is no pressure, Teacher Xu, you don't have to worry about me, your little share has nothing to do with the overall situation.
Whether it’s clear or not is up to you!”
Zhang Yida still holds 71.9% of Yimin Wangjin's shares. Even if 20% of the shares are owned by him alone, he can still absorb it.
“Anyway, 2% is not much, so let’s clear it! Yimin Wangjin has no shares, but I still have shares in four companies: Huinongdai, Yimindai, Ruimin Financial Management, and Yimin Wealth.
You have to manage it well, I am going to gain 4 more listed companies!"
Xu Xiaoming made a joke to Zhang Yida. He said it was a joke, but in fact he was half serious.
After Yimin Holding Group splits Yimin Wangjin, each of the remaining four companies has the potential to be independently listed.
"Lao Fan, what are you talking about? Cash out part of it first, or leave it to be listed in the future?
U.S. stocks have a six-month sales restriction period. If we go public in the second half of the year, the lifting period will be in the first half of 2016."
Zhang Yida turned his attention to Fan Hongyang again and asked what he meant.
"It's better to wait for the listing! I feel like I'm still losing money by selling now. And I'm also the founding management team. Selling shares before the listing will not release confidence to the outside world, which is not very appropriate."
Fan Hongyang thought about it for a long time and felt that he still had to restrain his desires.
He actually wanted to sell part of his equity, but after thinking about it carefully, he felt that Yimin Wangjin's performance would definitely increase several times in the next few years, and it would still be too much of a loss to sell it now.
Before Zhang Yida could ask Zhuang Chuguang, he expressed his position:
"I'm not selling it either, just wait for it to go on sale!"
He doesn't have many shares in the first place, and he can't sell them for much money now. If he expresses his stance and unite the front with the management team early, he might be able to gain some favor from the leadership.
Zhang Yida nodded, it would be easier to handle after knowing everyone's attitude, he said:
"Let's do this! First issue an additional 10%, then transfer 10%, and then give 20% to Goldman Sachs.
The difference in the transfer will be made up by me personally."
Of course everyone had no objections to this and nodded in agreement.
Only a strange look flashed in Shen Beipeng's eyes. The Zhang Yida he knew was keeping his shares tightly covered.
The last time Ruixiang had such a good cash-out opportunity, they didn’t mention the cash-out point to improve their lives.
When it was Yimin Wangjin’s turn, why did he suddenly change his temper?
Don't dig any holes for me!
After the meeting, he stayed alone and asked Zhang Yida:
"Why did you change your gender this time? Do you want to cash out some shares?"
Zhang Yida was a little wary. Even his little moves were noticed by Shen Beipeng. He was really an old fox.
However, there was no timidity on his face, he smiled and said:
"It's not like I have no money! Lin Zhenyang bought a Ferrari on the street and showed it off to me every day.
I thought about it and felt that it was still necessary to improve my life.
Now four bags really weigh the same!
Even my salary was used to support Huimin Bicycle’s early start-up business.”
Seeing that Zhang Yida behaved normally, Shen Beipeng thought that maybe he was being suspicious!
There are many founders who have cashed out their shares before going public, and there is no shortage of people like Zhang Yida.
Moreover, the shareholding ratio of more than 70% is too high, and the shares are too concentrated, which is not good for post-listing circulation.
Goldman Sachs wants 20% of the shares, and the additional issuance of 20% or 10% will not have much impact on Zhang Yida.
“Okay, work hard and strive to have a market value of US$5 billion or more when it goes public.
I’ll follow you and make some money too!”
After Shen Beipeng joked with Zhang Yida, he relaxed and left.
After Shen Beipeng left, Zhang Yida was also thinking that Shen Beipeng had helped him a lot in the early stages of starting his own business.
But it is impossible for me to tell him that P2P will collapse in a few years, so you should cash out as soon as possible!
To say so is to be a lunatic.
P2P is developing in full swing, and I am still the boss of the leading P2P company. To say so is to harm my own interests.
Because investors are still in the same boat as you, if your own interests are compromised, their interests will also be compromised!
The gain outweighs the loss!
The key is, there is no basis for saying these things!
Why did you say that P2P will no longer work in a few years?
There are still two or three years before the industry breaks out into a full-scale crisis in 2017-18. Once Blackshirt is listed, we will naturally know how to cash out based on the stock price trend.
Don't worry about them yourself!
They are all professionals in finance, so each one depends on his or her own vision!
After thinking about these problems, Zhang Yida began to write and draw on the white paper on his desk, and calculated the transaction data of this financing.