Chapter 191 Bright Prospects
Xiong Xiaoge did not hesitate at all this time. He decided on the spot to raise Series B financing for Campus Network, and he directly wanted to take half of the financing share.
Just as IDG's lawyers were present, Qin Shaoyan called his legal team over again, and the two parties began to draw up a letter of intent.
After reading the plan, Xiong Xiaoge had completely given up and knew that it could not be delayed any longer.
The value of the campus network is becoming more and more prominent, and there are many venture capital investors who are eyeing it, and they all want to get a share of the pie.
Although IDG has priority investment rights, it cannot delay for too long.
What's more, Qin Shaoyan is obviously not in a hurry. He has other sources of funds on hand, and may even be able to get bank loans through connections.
Xiong Xiaoge is here to make money, not to vent his anger on Qin Shaoyan. He is also afraid that Qin Shaoyan will speak loudly again, and then the conditions for the valuation of 5 billion for Series B will no longer exist.
However, Qin Shaoyan was still very honest this time. He agreed that five billion would be five billion and did not increase the price.
After both parties successfully reached an agreement, the atmosphere became relaxed.
Qin Shaoyan smiled and said to Xiong Xiaoge: "Congratulations to Mr. Xiong, you have once again successfully obtained 10% of the shares of Campus Network. In the future, Campus Network will use amazing rates of return to prove Mr. Xiong's far-sighted investment vision."
"I hope so." Xiong Xiaoge also sighed, "We still have to rely on Mr. Qin to work harder to lead Campus Network to achieve great results again."
"After completing the layout next year, Campus Network can plan for an IPO. "Qin Shaoyan complimented: "I will need more guidance from Mr. Xiong. I am not good at dealing with brokers."
"Don't worry, just leave these to me." Xiong Xiaoge agreed happily.
Xiong Xiaoge also became happy when he thought that the campus network was going to be listed.
From establishment to listing, Campus Network only took three years, which is quite fast.
"Where is Campus Network going to be listed, Hong Kong or New York?"
"Of course it is New York." Qin Shaoyan said without hesitation, "A project as high-quality as Campus Network will definitely be available in the United States. It is so popular that the market value will definitely exceed five billion US dollars."
"Five billion US dollars?" Xiong Xiaoge was a little surprised, "Is Mr. Qin so optimistic?"
Xiong Xiaoge predicted it himself. It is quite good to estimate that the market value of the campus network can reach 3 billion to 4 billion US dollars. Unexpectedly, Qin Shaoyan dared to think even more.
"If the market value cannot exceed US$5 billion, wouldn't Mr. Xiong's investment in the campus network be in vain?" Qin Shaoyan said confidently, "Five billion US dollars is just a conservative statement. My goal is US$6 billion to US$8 billion. "
"Isn't this a bit difficult?" Xiong Xiaoge hesitated.
"It's not difficult at all." Qin Shaoyan waved his hand, "Facebook is the American campus network. Its valuation will definitely exceed 20 billion US dollars in two years. How can our original project reach this level? One-third of it.”
“What’s more, our business model is more complete. Just one online game can bring NetEase’s market value to US$8 billion.”
“Our campus. Once NetEase launches online games, they will definitely be better than NetEase.”
Faced with Qin Shaoyan's words describing a bright future, Xiong Xiaoge also felt happy, "Then I'll wait and see."
"When the online game project is completed in a few months, Mr. Xiong is welcome to come and take a look." Qin Shaoyan continued, "Bring your game industry professionals here, and I'll show you what a profitable online game looks like."
"Let Mr. Xiong have some reassurance, and see why I dare to ask for an estimate of 20 billion It’s worth the confidence.”
Xiong Xiaoge became more and more curious about Qin Shaoyan’s words. After all, this guy is very famous in the game industry.
Whether it is European, American or domestic insiders, they are all talking about him. Qin Shaoyan should have two brushes.
"Okay, Mr. Qin must remember to call me when the time comes, so that this old antique like me can open his eyes." Xiong Xiaoge nodded and agreed.
“It’s a pity that Mr. Zheng didn’t come today.” Qin Shaoyan sighed, “Otherwise, the Series B financing would have been finalized directly today.”
“It doesn’t matter, I’ll convince them at Sequoia. ." Xiong Xiaoge was in a good mood and started to make a big deal, "Even if Sequoia doesn't invest, I will find another venture capital institution for you to raise the Series B funds for you."
Xiong Xiaoge's mood. I left the campus network happily and called Zheng Nan when I got back to the car.
"Mr. Zheng, Sequoia, please prepare. We will finalize the Series B financing of Campus Network in the next two days."
Zheng Nan seemed a little surprised, "Mr. Xiong, your attitude has changed too quickly. Why don't we continue to stretch Qin Shaoyan?" "No more." Xiong Xiaoge sighed, "It's meaningless."
"Why is it meaningless?" Zheng Nan seemed a little unwilling, "Dazhong.com has already started to take action, and there will be results soon."
"Mr. Zheng, don't wait. What's Dazhong.com?" Xiong Xiaoge persuaded, "Yang Botao can't beat Qin Shaoyan."
"We at IDG are not planning to continue investing in Dazhong.com. You Sequoia people should also withdraw, otherwise it will be too late. ”
Zheng Nan was stunned for a moment, "But we have already invested in Dazhong.com."
"..." Xiong Xiaoge held it in for a long time, and could only comfort him, "Just spend money to buy a lesson."
Zheng Nan immediately became anxious, "Why spend money to buy a lesson? Mr. Xiong, please explain clearly."
"You come back first and go to the campus network to find Qin Shaoyan." Xiong Xiaoge said, "You After meeting him, you will understand why.”
Xiong Xiaoge let out a sigh of relief after hanging up the phone. Fortunately, he had recalled the people from IDG and canceled the financing project for Dazhong.com, otherwise it would have been really difficult. Losing money.
However, IDG still has some shares in Dazhong.com and must find a way to dispose of them.
……
“Cheers!”
At the signing ceremony of Dazhong.com’s new round of financing, representatives of the parties that had just reached an agreement each raised their glasses and greeted each other. Collided together.
Amid the crisp sound of the glass hitting, the crimson wine rippled.
Everyone had a smile on their face, especially Yang Botao, who was very high-spirited and exuded the confidence of a successful person.
After several rounds of fierce negotiations, Dazhong.com finally released 40% of its equity at a valuation of 2.5 billion, of which SoftBank and Lenovo accounted for the majority, dividing 30%, and the remaining 10% was provided by Hillhouse Capital Four companies including Dachen Venture Capital, Huaxia Sequoia Capital and Baring Investment won the bid.
With money in hand, Yang Botao became confident. He swept away his previous decadent and nervous state and regained the arrogant feeling he had at the beginning of his business.
Peng Xiaolin, the vice president of Lenovo Investment, came over holding a wine glass, clinked the wine glass with Yang Botao, "Congratulations to Mr. Yang, I hope Dazhong.com will reach a higher level."
"Thank you. Mr. Peng’s kind words,” Yang Botao responded with a smile.
The passionate exchange between the two people made everyone forget the previous tense negotiations. Li Wanzhou next to him suddenly remembered that his cousin secretly cursed Peng Xiaolin as a son of the beach.
"Mr. Yang, when the first batch of funds is received, will Dazhong.com start the Popular Stars event?" Peng Xiaolin asked casually.
“This event has already started.” Yang Botao said with a smile, “Our product manager has entered the preparatory stage. Everything is ready and all we need is Mr. Peng’s help.”
“Mr. Yang Don't worry, the funds will be available soon." Peng Xiaolin was very excited and promised Yang Botao, "I will urge them to pay when I get back."
"Thank you, Mr. Peng."
"But I still want to ask." Peng Xiaolin suddenly changed the subject, "Besides the popular star, does Mr. Yang have any further plans?"
"Of course." Yang Botao answered without hesitation. Said, “Next, Dazhong.com will make bolder attempts in the field of e-commerce and provide greater subsidies for users’ online shopping.” I call the offline site of the China University Student Home Project "
Peng Xiaolin was a little surprised, "It seems that the campus network has a similar project."
Yang Botao looked confused. Chang said: "I have been planning this plan since last year. I thought the market was immature before, so I didn't come up with it and let the campus network take the lead."
"But it doesn't matter, we have the advantage of being a latecomer."
"Then let's wait and see, waiting for the good news from Mr. Yang." Peng Xiaolin raised his glass with a smile, "When we wait for the Popular Stars finals, Don’t forget to invite me to participate.”
“I will definitely leave a VIP seat for Mr. Peng.”
Yang Botao and Peng Xiaolin clinked their glasses again and drank the wine. Drink it all, look at each other and smile.
(End of this chapter)