Rebirth 2010: I add some points to be a boss

Chapter 79 I'll Give You One Billion
Xu Dong shook his head, apparently not approving this valuation.

Toutiao stands out among similar products and develops rapidly, but that is not why SUG values ​​it, nor can it be the core reason for SUG's investment.

"Mr. Chen, what do you say?"

Xu Dong's attitude was somewhat condescending, like an old senior, and he planned to test Chen Heyu's attitude first.

"Let's not discuss this valuation for the moment, Mr. Zhang, I would like to ask, after you get the 3000 million financing, how long will it take you to make this product reach the level of [-] million users?"

Chen Heyu smiled slightly, and put down the folders in his hand, these things are the same whether they are seen or not.

It's all clichés and beautified data to fool investors!
"Mr. Chen, I have the confidence to accomplish this goal, but the premise requires more financial support and a longer development time."

Zhang Yiming thought for a moment, then replied in a deep voice.

"So, my idea is either not to invest, or I will give you [-] million. The time to develop and grow is usually only two or three years. Once you miss it, you need a hundred times and a thousand times of effort, or even a hundred times and a thousand times of capital."

Chen Heyu said loudly, stunned everyone present, Xu Dong didn't expect him to be so courageous, Zhou Xiaoyu didn't expect the boss to spend half of the money in his account to fully compete for Douyin's A-round financing plan.

"Mr. Zhang, if I give you [-] million, how much equity can I exchange for it?"

Chen Heyu said with a smile, throwing the problem to Zhang Yiming.

The other party frowned. Originally, he only planned to raise 3000 million yuan. Now there is a funder who is willing to give [-] million yuan, but can he ask for it?

No!

After taking it, Shanhai Capital's shareholding ratio will be close to 50%. When it comes to the B round of financing, is this company owned by Zhang Yiming or Chen Heyu?

"Mr. Chen, you want me to work for you."

Zhang Yiming smiled and made a joke.

"Everyone has a document in front of them. Mr. Chen and Mr. Xu can write down their respective valuation expectations and take the highest value to win the bid."

Get straight to the point and waste no more time, he added.

The room fell silent in an instant, only the whispers of the three parties remained.

"Mr. Chen, how much should we write?"

Zhou Xiaoyu had his own considerations, but the boss's thoughts were more important, so he asked Chen Heyu for his opinion, for fear that he might not understand the boss's thoughts thoroughly.

"3.2 billion."

Chen Heyu observed Xu Dong's demeanor, and then whispered, although the other party's expression was full of disapproval, but the experience of the previous life told him that SUG Haina successfully won Douyin's A round of financing.

And in the C round of financing, this part of the equity was transferred to Hongshan Capital. In less than two years, the investment of 100 million US dollars has increased by [-] times.

In this life, with Chen Heyu's early intervention, SUG Haina still wants to spend 100 million US dollars to get 10% of the shares, which is obviously unrealistic.

Zhou Xiaoyu's eyes moved, and he was suspicious of Chen Heyu's decision, because the valuation in his heart was only 1.8 million.

It was far lower than Zhang Yiming's offer, and only reached 60% of Chen Heyu's offer.

In the end, of course, he would not stick to his own opinion, and solemnly wrote it down in the document according to Chen Heyu's plan.

After 10 minutes, the quotations from both parties were handed over to Douyin staff.

After Zhang Yiming took it, he opened it together, put the eye-catching quotations together, then smiled slightly, and said to Xu Dong: "Mr. Xu, I'm sorry, Shanhai won this round of financing."

"Impossible! What is Shanhai's quotation?"

Xu Dong had an unbelievable expression on his face, but he quoted a high price.

Zhang Yiming didn't answer, and turned his head to Chen Heyu, asking for his opinion.

"It doesn't matter, Mr. Zhang can tell you directly. I am also very curious about Mr. Xu's quotation."

Chen Heyu waved his hands.

"Shanhai Capital is 3.2 million, and SUG Haina's offer is 3.1 million."

Zhang Yiming saw that the two of them didn't care, so he smiled and spoke slowly.

Zhou Xiaoyu's expression darkened when he heard this, and he realized that he had made a mistake in his judgment in this battle. He misestimated Douyin's market prospects, and also misestimated SUG Haina's determination to win this round of financing.

Then he looked at Xu Dong, secretly hating in his heart: "You bastard old bastard, shaking his head, with a dissatisfied expression on his face, who is he pretending to be?"

"Mr. Chen, I have neglected my duty. I will write a review for you when I return to the company."

After thinking it over, Zhou Xiaoyu immediately admitted his mistake, with a little shame on his face.

"The review is exempted. Who can never make mistakes in his life, just remember the lesson from this time. You are my senior in the venture capital circle. You should understand opponents like Xu Dong better."

Chen Heyu smiled and typed a few words by the way.

"Mr. Chen, congratulations."

Xu Dong quickly adjusted his mentality, came over with a smile to congratulate him, and was not upset about his defeat.

The main purpose of his trip is to convey the big boss's goodwill towards Zhang Yiming, a new Fujian businessman.

But now, the other party has the support of Shanhai Capital, and there is no shortage of funds. He can only change his target and focus on Chen Heyu.

To be precise, it was placed on the kangaroo flash.

"President Xu, admit it."

Chen Heyu smiled lightly.

With this round of financing, he holds a cumulative total of 23.5% of the shares in his hands. He is already the second largest shareholder of Douyin, with a future value of US$300 billion. He is somewhat proud of himself.

"At two o'clock in the afternoon, on the second floor of Yanlong International, there will be an internal exchange meeting for the venture capital circle. Is Mr. Chen interested?"

"As the sponsor, SUG Heiner Capital is qualified to invite newcomers to participate."

Xu Dong asked.

"Oh? That's right, I'm going to trouble Mr. Xu. I will go with Mr. Zhou in the afternoon."

Chen Heyu didn't think too much, and agreed directly. With him, Shanhai Capital can basically grasp the investment direction of the next ten years, but in the next ten years, it has to rely on Shanhai Capital's own strength and influence.

Why E-commerce horses and Penguin horses were willing to ask Rebs for investment at the beginning? It was not because the other party debuted early and became famous.

"No problem, Mr. Zhang, you are the host, you can arrange it at noon."

Xu Dong is also from Fujian, and he patted Zhang Yiming with a smile.

"Mr. Xu said, how dare I refuse, Mr. Chen, Mr. Zhou, let's go to the fifth floor for dinner."

Zhang Yiming said with a smile, although Xu Dong is out of this round of financing, there are still B, C, and D rounds to follow...he will not be so stupid as to offend investors.

During lunch, Chen Heyu learned that most of Yancheng's local and overseas venture capital institutions, and even some entertainment companies had gathered in this exchange meeting.

Seeing Xu Dong's ambiguous words, Chen Heyu suddenly understood that in his previous life, the so-called wine accompanying merchants of some female artists were most likely to be like this today.

"Mr. Chen, I heard that you also opened a film and television company. It seems that we are all like-minded."

Xu Dong narrowed his eyes and teased.

"Old color batch!"

Chen Heyu commented in his heart, his face was calm, and his level of acting on the spot was already mature and proficient among a group of old foxes.

"Thinking of it this way, the artists who signed with Shanhai Film and Television are considered lucky. At least I never thought about using these people in exchange for commercial resources for myself."

After the meal, the personnel from the three parties slowly dispersed. After agreeing on the signing time with Zhang Yiming, Chen Heyu gave Zhou Xiaoyu instructions.

"We will go to the exchange meeting in the afternoon. By the way, Liao Feng will also come."

"Okay, Mr. Chen."

Zhou Xiaoyu responded, then took Liao Feng away, and returned to the room to rest.

　Gentlemen, rest early, I wish you all a happy and smooth life.

　　
　
(End of this chapter)