Chapter 177 Qin Shaoyan is untrustworthy
Xiong Xiaoge was prepared for everything, but Qin Shaoyan was not prepared for this.
The Series B financing will not increase the price, but the Series C financing will come immediately.
What is this?
This is Chi Guoguo’s blackmail!
Tencent went public in June this year, with a market value of less than HK$10 billion.
The valuation of Alibaba Taotao is only US$2.5 billion.
How big is your campus network? Do you dare to ask for a Series C valuation of 20 billion RMB?
Zheng Nan from Sequoia was also so shocked that he couldn’t even hold the cup in his hand, and looked at Qin Shaoyan with a look of disbelief on his face, "Mr. Qin, are you kidding us?"
"I said before Passed." Qin Shaoyan said very calmly, "I am a very honest and trustworthy person. If it is said to be five billion, it will be five billion, and if it is said to be two hundred billion, it will be twenty billion."
"You just want to say whether you want to vote or not?"
"Are you taking me for granted?" Xiong Xiaoge stood up in shock and anger, "How dare you ask for 20 billion for this thing?"
Qin Shaoyan said confidently, "A real-name social networking site that has won the national market has its own unique business model and can make profits. Aren't these worth 20 billion?"
Xiong Xiaoge said angrily, "Dazhong.com is still You are alive and well. Yang Botao occupies half of the market. Is your campus network so confident?"
Qin Shaoyan said calmly, "Dazhong.com will not survive for long."
Xiong Xiaoge snorted coldly, "Even if Dazhong.com dies and Campus Network becomes the only website, it won't be worth 20 billion."
Qin Shaoyan pushed back unceremoniously, "Do I want you 20 billion or not?" For the sake of our happy cooperation, I want to give the two bosses a chance to make a fortune. If you don't agree with this valuation, I will find someone else to invest in it. I hope you won't regret it when Campus Network IPOs."
“Will I regret it?” Xiong Xiaoge was annoyed, “I, Xiong Xiaoge, have been doing venture capital for so many years, and I have never regretted it.” Do you really have no regrets about selling your Penguin shares?" Qin Shaoyan added simply.
Xiong Xiaoge’s face turned red with anger, “Qin Shaoyan, don’t go too far!”
After saying that, Xiong Xiaoge turned around and left.
Zheng Nan also had a sullen face, put the tea cup heavily on the table, and followed.
Qin Shaoyan hurriedly shouted, "Mr. Xiong, Mr. Zheng, please stay. I still have something to say."
The two of them kept walking and opened the door of the office. Walk away.
“I have three more things to say.” Qin Shaoyan shouted after him, but Xiong Xiaoge and Zheng Nan obviously ignored this and stopped walking.
Qin Shaoyan felt a little regretful. Maybe his last words were too harsh and irritated Xiong Xiaoge.
The two bosses left too quickly and did not give him a chance to perform.
Qin Shaoyan was still reviewing the situation here, and there was a knock on the office door again.
The secretary whispered, "Boss, Ms. Xu is here."
Qin Shaoyan looked up and saw a woman in red standing at the door, looking at him curiously.
"Welcome, welcome!" Qin Shaoyan quickly stood up to greet him, "The Queen of Venture Capital is here. It's really brilliant."
Xu Xin smiled and shook hands with Qin Shaoyan, "Mr. Qin is so humble. You are so humble." He is a popular figure recently."
"Your campus has been broadcast on CCTV news and is already famous all over the world."
"It's just a false name, not worth mentioning." Qin Shaoyan waved his hand. Sighing, "I invited Mr. Xu to come over today. I was originally going to talk about cooperation."
"Unfortunately, I had a little disagreement with Mr. Xiong and Mr. Zheng from IDG just now. They Let’s leave now. This meeting can’t be held today.”
Xu Xin was stunned for a moment, but quickly responded, "It doesn't matter. If we can't negotiate this time, it will be the same next time. As long as Mr. Qin sincerely cooperates, it doesn't matter if I run a few more times."
"I'm really sorry, Xu "General, just think that I owe you a favor." Qin Shaoyan said with great sincerity, "Next time I will help you invest and make a fortune."
"..." Xu Xin almost couldn't hold back and could only smile. nod.
......
Xiong Xiaoge returned to the car and sneered, "What do you think I said?"
Zheng Nan, who was sitting next to him, also sighed, "Mr. Xiong is still very good at predicting things. This Qin Shaoyan really has a back-up plan."
"I have long said that this person is full of evil, how can his words "Where's the letter?" Xiong Xiaoge said with a straight face, "Deliberately give us a low valuation for Series B, and then force us to admit a high valuation for Series C. Have you ever seen this kind of entrepreneur?"
< br>Zheng Nan shook his head. Over the years he has been investing, he has seen many strange entrepreneurs.
There are those who cheat and cheat, there are those who are dedicated to defrauding investors of their money, and there are also business geniuses who are always willing to pay every penny.
I have never seen Qin Shaoyan’s model before.
"20 billion?!" Xiong Xiaoge snorted, "How can he open his mouth?"
"I have never seen such a shameless person!"
Zheng Nan frowned He frowned, "If we don't agree to the condition of Series C valuation, he will definitely increase the price of Series B."
"Is this even necessary?" Xiong Xiaoge said angrily, "Qin Shaoyan will definitely be able to do this kind of thing. What about honesty and trustworthiness? He is a liar."
"Then let's stretch him out now?" Zheng Nan asked.
"Yes, give him a try!" Xiong Xiaoge nodded, "He has recently spent almost all the money from a round of financing on campus online. He probably won't last long, so spend it with him first."
"Just spend it. ?" Zheng Nan hesitated, "Not so good."
"Let's finish the investment in Jingdong Mall first." Xiong Xiaoge took out his phone, "You have Liu Qiangdong's phone number. "?"
"Yes." Zheng Nan took out his phone and said, "I'll send it to you."
"Let's talk to Liu Qiangdong first," Xiong Xiaoge suddenly asked. Have dealt with him, how is this person?”
"Very capable." Zheng Nan said without hesitation, "It's very rare to start from scratch and build such a big business."
Xiong Xiaoge also expressed admiration, "Jingdong Mall mainly does Electronic products are aimed at students and white-collar workers, and perfectly fit the user group of the campus network. The two websites can be said to be a perfect match and complement each other.”
“I have investigated this Jingdong mall, and it has a very good reputation and product quality. , price and after-sales maintenance are all very good.”
“How much money do they want to finance?” Xiong Xiaoge asked.
“25 million U.S. dollars.” Zheng Nan thought for a while, “The valuation is 250 million U.S. dollars.”
"That is to say, only 10% of the equity will be released." Xiong Xiaoge frowned, "Why do I feel so familiar?"
"Qin Shaoyan holds 40% of the equity of Jingdong Mall." Zheng Nan added .
Xiong Xiaoge snorted coldly, "I knew this matter would definitely involve Qin Shaoyan's involvement."
Zheng Nan smiled, "The campus network business model depends on Jingdong Mall to maintain it. Both parties It must have been deeply bundled."
Xiong Xiaoge suddenly said, "Jingdong Mall is going to follow the footsteps of Campus Network and expand its market across the country."
Zheng Nan nodded, "70% of this financing will be invested in the construction of the logistics system, including its own express company, after-sales maintenance sites, the establishment of three large-scale warehousing centers in Yanjing, Shanghai, and Yangcheng, and 26 urban distribution stations. "
Xiong Xiaoge didn't care, "As long as it can be done, it's money well spent."
Zheng Nan hesitated, "Mr. Xiong, just in case... I will. What if Qin Shaoyan can really scale the campus network to 20 billion?" Xiong Xiaoge glared at Zheng Nan, "Of course I know he can do it."
"Question. No matter how capable he is, can he do it within a year?" Xiong Xiaoge said dissatisfiedly, "He will raise Series C financing next year and IPO before 2007. Isn't this just trying to trick us?"
Xiong Xiaoge said as he picked up the phone and dialed Yang Botao, "Yang Botao, listen, there is nothing scary about the campus network. Just hold on!"
Yang Botao, who looked haggard, almost yelled when he heard this. Let me hold on?
What should I use to support it?
The money received from Dazhong.com has almost been burned, and it has basically bottomed out. It is hard to say whether it can maintain it.
Don’t have money to pay for it? !
Previously, it was expected that Dazhong.com would push up its valuation through crazy expansion and scale to obtain the next step of venture capital.
As a result, he was stunned by the combination of punches from the campus network. He was defeated continuously and had no power to fight back.
Not only has the number of recent registrations on Dazhong.com dropped sharply, but the number of daily active users has also been cut in half.
The hottest topic on the Internet right now is campus network. The most popular fashion is to register for campus network. It seems that you are out without a campus network account.
Especially those college students who are simply following the trend blindly and brainlessly. When they see the publicity, they will sign up and call their friends.
Yang Botao has been so worried lately that his mouth is blistering and his hair is almost turning white.
Before, Li Wanzhou was kicked out of Yanjing in disgrace. He thought that his cousin was too weak to do such things as causing trouble.
When Yang Botao faced Qin Shaoyan's pressure, he realized that it was not his cousin Taicai, but Qin Shaoyan who really didn't act according to common sense.
We can no longer be so passive, this is no longer an ordinary business competitor.
Must hit hard!
Yang Botao picked up the phone, pulled out a stack of business cards from venture capital institutions, and started calling for help.
"Hello, are you Lenovo Investment?"
"I am Yang Botao, and I would like to talk about the next round of financing."
"Volkswagen Net can release 40% of the equity, and we are very sincere.”
……
After Xu Xin left the campus network, she felt that something was a little strange, so she called Xiong Xiaoge directly.
"Mr. Xiong, this is Xu Xin." Xu Xin said straight to the point, "Why did you go to the campus network today and leave so soon?"
Xiong Xiaoge immediately became alert, "You How did you know?"
"I also went to the campus network today. I originally wanted to talk to Qin Shaoyan about investment." Xu Xin did not hide it and said directly, "He said with regret that today. Mr. Xiong and Mr. Zheng are not here, so we can’t talk about investment.”
“Mr. Xiong, what happened?”
Xiong Xiaoge frowned, "Is Qin Shaoyan trying to get you to invest?"
"I tell you, you must not listen to Qin Shaoyan, he is a liar!"
"Ah?!" Xu Xin was stunned, "Liar?"
"Yes, he is a liar!" Xiong Xiaoge said decisively, "Back on his word, insidious and cunning."
Xu Xin was a little confused, what about Xiong Xiaoge? So much resentment.
"Mr. Xiong, I've investigated Qin Shaoyan. His style of doing things doesn't seem like this, does he?" Xu Xin hesitated for a moment and couldn't help but retort.
"That's because you don't understand him!" Xiong Xiaoge snorted coldly, "Despite his young age, he is full of evil ideas, and you can fall into his trap by accident."
"He likes to talk nonsense the most. You must not listen to him. The campus network is a big trap!"
"What campus network?" Xu Xin was a little surprised, "Qin Shaoyan wants to talk to me about investing in Beijing. "It's about Jingdong Mall."
"Oh, Jingdong Mall." Xiong Xiaoge pondered for two seconds, "This project is really good, you can invest in it."
"Oh." Xu Xin breathed a sigh of relief, "Mr. Qin sent me some information about Jingdong Mall, and I think it's pretty good."
Then Xu Xin asked worriedly : "Mr. Xiong, Qin Shaoyan won't do anything with the data, right?"
"No way." Xiong Xiaoge replied, "He is really good at doing things, and he is still very honest."
Xu Xin was completely confused. Is Qin Shaoyan honest or dishonest?
Mr. Xiong, what you said is inconsistent.
"Mr. Xiong." Xu Xin simply made it clear, "I want to invest in Jingdong Mall. Can you tell me whether I can invest?"
"You can!" Xiong Xiaoge answered clearly, " We at IDG are also prepared to make an investment."
"That's good." Xu Xin was completely relieved.
After Xiong Xiaoge hung up the phone, he looked at Zheng Nan, "Qin Shaoyan also brought Xu Xin here."
Zheng Nan thought for a while and said hesitantly: "Isn't he talking to me? Let’s demonstrate?”
"Without Xu Xin, there would still be Wang Xin and Liu Xin." Xiong Xiaoge didn't care at all. "There are so many venture capital investors in China, and you can't stop him from finding others."
"We have priority for investment. , what are you afraid of?"
"The competition now is who has more confidence and can spend more money," Xiong Xiaoge said confidently, "I don't believe that he can spend more money than a venture capital investor. Everything is in vain."
Zheng Nan nodded, "So Dazhong.com must hold on. Later, I will help Dazhong.com introduce a few venture capital investors to give it blood."
……
Although this event almost spent all the money from the last financing, Qin Shaoyan was not panic at the moment.
He brought in his own dedicated team of lawyers, from Junde Xinheng, to draft a loan agreement.
A sum of funds was dismantled from Lobiden Company to maintain the company's operations.
If all the money is spent, Qin Shaoyan plans to ask Brother Zhang for help and get a loan from the bank.
With the reputation of the campus network, it is also an easy task.
He has enough confidence to spend time with venture capital investors such as Xiong Xiaoge and Zheng Nan.
If he doesn’t have the strength, he dares to open his mouth and shout about a valuation of 20 billion. Just dream.
After Qin Shaoyan completed the fund lending, he immediately took a plane and rushed to the Shanghai stock market.
The Shanghai Marathon was about to start soon. Taking advantage of this opportunity, he wanted to personally check out the advertising company's local promotions.
That's where Dazhong.com's headquarters is located. Winning the Shanghai Stock Exchange is tantamount to giving Dazhong.com a heavy blow.
Not only is it very hurtful, it is also extremely insulting.
And the Shanghai Stock Exchange is his first step in opening up the national market, followed by Yangcheng and Pengcheng...
(End of this chapter)