I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 156 Chapter 183-184: Hillhouse Technology, amazing valuation! (first sum)
This time, Hillhouse Group has divided the company into three different sub-sections: Hillhouse Technology, Hillhouse Chip, and Lingxiao Technology.

It is completely different from Series A financing.

This time, Gao Huaijun divested the assets of Hillhouse Chip and Lingxiao Technology, which were not within the scope of this financing.

Hillhouse Chip must maintain its independence in the later stage and carry out long-term research and development that lacks short-term benefits, so it is impossible to introduce foreign capital!

As long as Gao Huaijun maintains his independent status with Hillhouse Technology and conducts stable internal transactions, he can ensure the profits and business stability of Hillhouse Chip!
Lingxiao Technology currently only has one two-wheeled electric vehicle, and its product competitiveness and business volume are insufficient.

Therefore, Lingxiao Technology is currently unable to obtain a higher premium in the market.

And Gao Huaijun is not willing to let this company raise funds now.

All investment companies now are unable to evaluate the potential value of this company.

Gao Huaijun will naturally not go to great lengths to give away his shares!
anyway.

Currently, 70% of venture capital companies have given Hillhouse Technology a valuation of 120 billion yuan, while the 20% who do not understand the situation and just want to take advantage of casual contacts have given it a valuation of less than 100 billion yuan. Value, and less than 10% of companies have been given a valuation of more than 120 billion.

There is a saying in the football transfer arena, whoever has higher sincerity and pays more attention to you will give a higher transfer offer.

These companies with high valuations include domestic red-shirt capital and foreign large investment banks such as Morgan Stanley, Goldman Sachs, SoftBank, and Lehman Brothers!
Compared with the unknown Jiahe Investment during the A-round investment.

These companies undoubtedly have stronger resources. As long as they invest, the influence they bring is not just the money itself!

Supply chain, partners, distributors, consumers, local government officials, etc., at every level, as long as Hillhouse has obtained investment from these large companies, even if one of them invests, the bargaining chip gained may be greater than this round of financing.

Such a large volume can also give such a considerable PE value.

Gao Huaijun couldn't help but feel happy when he saw this number.

He did not expect that most of the venture capital investors with the highest bids came from overseas. The highest among them was Gao Sheng, who gave an astonishing preliminary valuation of 130 billion yuan!
It is the highest bidder among all companies. From a valuation perspective, overseas venture capital companies have greater confidence in Hillhouse Technology.

This valuation, calculated based on market capitalization, can basically rank among the top [-] unicorn companies in the world!

It's no wonder that domestic electronic technology started late, and there is no corresponding leading company that can match the international big brands. Venture capital companies that understand Huaguo's electronic technology industry are also rare, which is why the domestic Internet or some emerging electronic technologies The company's initial investment basically comes from overseas and Xiangjiang.

Now Hillhouse Technology not only leads the terminal product of smartphones, but also bears the pressure and develops system-level chips. This deep-water field that only world-class enterprise products are involved in can be said to have allowed these world-class Investment banks are paying attention!

At that time, Jiahe Investment purchased 7% of the equity based on an equity valuation of 10 million yuan. Now, in just over a year, even if Gao Huaijun unconditionally accepts Gao Sheng's offer, the market value has expanded to 130 billion yuan. The market value has expanded 20 times.

This expansion coefficient is rare even in China Street, not to mention in the history of Chinese financing!
It can also be seen from this how fast Hillhouse Technology has grown this year!
Anxious to eat hot tofu, Gao Huaijun did not have in-depth discussions with these venture capital investors after receiving their quotes. Instead, he asked Ning Yuan to blow the wind and let more private equity investors know about Hillhouse Technology. Fortunately, this Raise enough money in one round, take advantage of the fact that there is still enough hot money in the market, store enough food, and break through the financial crisis of 08 in one fell swoop!

. . . . . .

Sitting in his newly purchased Bentley, Gao Huaijun closed his eyes and asked Shang Yayan, "Which community do you live in?"

"I told you, I live in District Six of Luzhuang!" Shang Yayan said coquettishly.

"Haha! I'm sorry I forgot!" Gao Huaijun said awkwardly, "I think I've heard of this community? Where is it specifically?"

"On Luzhuang Road, between Zhongnan Road and Gonghu Avenue." Shang Yayan glanced at Gao Huaijun, and a trace of panic flashed in her heart as she spoke.

"Oh! I know, it's just that the community is very ordinary! Why did you move here?"

After Shang Yayan's reminder, Gao Huaijun remembered.

This community is only about ten minutes' walk from the villa area where he lives, which can be said to be quite close.

The environment here is very average. They are all returned houses by some local residents. They are mainly small two-bedroom and three-bedroom apartments. The apartments are generally small in size, the environment is not very good, and there is no elevator.

It stands to reason that as his secretary, Shang Yayan's annual salary has increased from more than 2 at the beginning to more than [-] now, which is considered a very good income in Xicheng, and she should not live in such a community.

It's easy to choose any one in the city center.

Faced with Gao Huaijun's question, Shang Yayan said a little unnaturally, "At that time, I just thought the environment in Binhu District was better, and Xicheng is not a big city, so I felt it didn't matter where I chose."

Gao Huaijun didn't think much about it, thinking that this was her private matter, and nodded slightly, "It won't be long before we raise the B round. The B round will raise at least one billion yuan. With such a large amount of money, you, as me, Secretary, do you have any ideas?"

Shang Yayan couldn't help but feel nervous. Although she did a good job in her usual work, this was the first time Gao Huaijun asked her such a major question!

"The company's software and hardware will definitely need to undergo a large-scale upgrade by then, right? Our current office area is not enough. Does Mr. Gao have any ideas about building his own commercial property next to Li Lake?"

"At the same time, our company is now bigger and has more people. We should quickly establish a talent entry and elimination mechanism and use systems to manage people!"

Gao Huaijun glanced at Shang Yayan in surprise and said with a smile, "You think so clearly, you have thought of everything I have thought of during this time."

Shang Yayan smiled slightly and said, "I am just guessing. After all, now we are getting clearer about the actions of round B. I am also thinking about the problem from the perspective of CEO Gao."

Gao Huaijun nodded, "You did a good job!"

“The forward thinking is very much in place.”

"However, there is one very important thing in this round of financing that I need you to do!"

"Oh? Does Mr. Gao have anything important that I need to do?" Shang Yayan asked curiously.

As a secretary and Gao Huaijun's closest person, she can indeed handle some things, but what does this have to do with financing?

"I need you to go on a long business trip to the beautiful country! I will not transfer all the financing money back to the country. I will place a sum of money in the beautiful country!" Gao Huaijun finally said, this big man Strategy, the most critical step: Shang Yayan!
Shang Yayan looked at Gao Huaijun with horror.

Her heart was pounding.

She knew that she would come into contact with Gao Huaijun's most important secret today!
【Chapter 184】

Gao Huaijun returned to the office the next day and carefully read the thick reply letters from investment banks.

It stands to reason that Hillhouse Technology comes from China, and venture capital investors in China know more about relevant information and insider information, so it will be easier for them to place larger chips!Now Hillhouse Technology's last round of financing only involved an ordinary small shareholder, and now that the market value has risen so much, there should be no shortage of companies to give it a try!

If you lose, it doesn't really matter.

The current market situation of Hillhouse Technology is that its listing is a sure thing, with more wins and less losses.

Earning less doesn’t mean making nothing.

Gao Huaijun asked the financial director in charge of the pre-IPO to estimate that the floating profits of more than 30% of small shareholders would be basically no problem!
"These venture capital companies with sufficient strength must have heard some rumors and felt that Hillhouse Technology would eventually choose foreign investment banks, so they were too lazy to invest!" Gao Huaijun read these valuable formal bid reply letters over and over again. After reading it, I thought to myself.

But it's normal to think about it.

In fact, Hillhouse Technology’s current Series B bid is already quite large.

The 10% shareholding has increased to more than one billion Chinese yuan, which is almost 2 million beautiful yuan.

For Huaguo Investment Bank, which can acquire a majority of a company's shares with tens of millions or even millions, this is not a good choice to use small to gain big.

The investment of this kind of company is just like investing in a huge movie production, it is generally based on big and broad interests.

The B round alone is no ordinary investment bank and can be played!
Therefore, in terms of valuation, overseas venture capital companies have greater confidence in Hillhouse Technology.

It is no wonder that the domestic Internet started late, and venture capital firms that understand the Internet are rare. This is why domestic Internet giants basically come from overseas, Hong Kong and Taiwan for their initial investment.

Technology companies in China generally cross the river by touching the beautiful country. Basically, every time a phenomenal technology company appears in the beautiful country, a corresponding company will appear in China.

For example, Google corresponds to whiteness, Twitter corresponds to scarf, and Facebook corresponds to campus network!

Hillhouse Technology is completely different from Baidu, Bibo, and Xiaonei. This company has gone on its own unique path, creating first-class smartphones, forming a chip design team, and building its own technology moat step by step. Moreover, it is relatively Deep technical moat!

And with a R&D team of several thousand people, the value of this is really not comparable to that of a company that makes money through marketing!

This place is the core reason why it meets the taste of those beautiful Chinese companies!
"So luxurious! This should be gold-plated paper. Good guy, this piece of paper costs hundreds of dollars. This is a thick stack. Don't treat money as money, right!" Gao Huaijun touched the gold-plated bottoms. Each piece of paper has a logo on platinum inlaid with gold. This is the first time I have seen the luxury of these big companies!

"I learned that many foreign banks actually have rare tender documents of this specification, but they are usually used by companies with corresponding big blue-chip potential. The cost of a single tender document is hundreds of thousands of dollars, which is too luxurious. Got it!"

“I didn’t expect that we would receive this kind of paper from five companies at once!”

“When I was a Senior Manager (senior manager with the signing authority) at KPMG (KPMG Huazhen, one of the four major international accounting firms), I audited so many pre-IPO tender documents, but only a few of them were large companies. The company has used this kind of bidding paper!" Huang Jue, the financial director of Hillhouse Group, who was standing aside, was also amazed and felt that these companies were exaggerating.

This kind of bidding document actually only costs hundreds of thousands to produce, but it shows the investment bank's recognition of this company!
This means that their emphasis on Hillhouse Technology is actually no longer at the stage of selecting potential stocks.

They feel that Hillhouse Technology has great potential to be listed on the Nasdaq main market!
Huang Jue was also shocked by the reaction of these big companies!

When he first came to Hillhouse Technology, he initially thought that Hillhouse Technology was just a high-potential company.

Unexpectedly, this company has come under the scrutiny of so many top investment banks!

Moreover, not only has he entered the discerning eye of so many top investment banks, but the most important thing is that he still has room to choose!

Each of these big investment banks is as proud as a white swan. In Huang Jue's eyes, they are like that proud little princess.

However, the current posture of kneeling and licking.

It made him feel incredible!

Gao Huaijun stood up and walked around the office for nearly 10 minutes before he made up his mind and said to Huang Jue, "This company, help me make an appointment with their person in charge!"

Huang Jue looked over suddenly. The bidder said: Merrill Lynch, several beautiful English cursive characters!
He couldn't help but look horrified!
How could it be possible, how could it be Merlin Securities’ turn!
. . . . . .

Since Merlin Securities sent the investment tender document to Hillhouse Technology, it has put a dedicated senior vice president in charge of communicating with Huang Jue.

At the beginning, they were also full of confidence. They felt that based on their strength and network (the relationship between the beautiful Chinese version), wouldn't this little Hillhouse Technology quickly run over and kneel down to lick it?
However, when they found out that Gao Sheng and Xiao Mo had quoted prices, their mentality became somewhat unbalanced.

After all, it is actually a bit difficult to steal prey from these companies!

Just when they felt faintly disappointed and had not received a reply from this company for a long time, they were about to give up.

Hillhouse Technology, here’s the news!
　Rebirth 2010: I add some points to be a boss

　　Spirit +10!Physique +10!

　　Chen Heyu was reborn in 2010, and gained a point system to reshape a perfect life.

　　In this life, he didn't have any big pursuits at first, he just wanted to earn a few small goals, hoard land and buy buildings, and be a charterer waiting to die.

　　until!

　　AI intelligence comes out!

　　Domestic chips were born!

　　New energy vehicles sweep the world!
　　Chinese mythology blockbuster, sweeping Haolaiwu!

　　Tens of thousands of mechas pierced the sky and crossed the Pacific Ocean!
　　"You call this industrial waste?!"

　　"Yes, the civilian version of Pangu 1.0 is mainly used as a means of transportation for urban white-collar workers to commute to and from get off work..."

　　Facing questions from overseas journalists, the CEO of Future Technology spoke frankly.

　　A relaxed and non-toxic novel with some big bosses, the title of the book is also called "The First Time to Get Rich, Please Advice", "What Grade, Dare to Compete with Me for the Richest Man in the World", "Rebs' Working Diary", "Mass's Diary" K: I feel like I've been living in his shadow."

　　
　
(End of this chapter)