You call this entrepreneurship?

Chapter 177 Qin Shaoyan is untrustworthy

Xiong Xiaoge was on every possible guard against Qin Shaoyan's attack.

The B round of financing will not increase the price, but the C round of financing will be fierce.

what is this?
This is Chi Guoguo’s blackmail!
Tencent went public in June this year, with a market value of less than HK$100 billion.

The valuation of Alibaba Taotao is only US$25 billion.

How big is your campus network? How dare you ask for a Series C valuation of 200 billion RMB?

Zheng Nan from Sequoia was also so shocked that he couldn't even hold the cup in his hand. He looked at Qin Shaoyan with a look of disbelief on his face, "Mr. Qin, are you kidding us?"

"I've said it before." Qin Shaoyan said very calmly, "I am a very honest and trustworthy person. If you say it is five billion, it is five billion. If you say it is twenty billion, it is twenty billion."

"You just say whether you want to vote or not?"

"Are you taking me for granted?" Xiong Xiaoge stood up in shock and anger, "Why do you dare to ask for 200 billion?"

"I'm really sorry, Mr. Xu, 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."

"I have never seen anyone so shameless!"

Xiong Xiaoge returned to the car and sneered, "What do you think I said?"

Qin Shaoyan pushed back unceremoniously, "I want you 200 billion for the sake of our happy cooperation, and I want to give the two bosses a chance to make a fortune. If you don't recognize this valuation, I'll find someone else to invest." , I hope you won’t regret it when the campus network IPO is launched.”

Qin Shaoyan was still reviewing the situation here, and there was another knock on the office door.

"You can tell your conscience that you really have no regrets at all when you sold your Penguin shares?" Qin Shaoyan added simply.

"Is there any need to think about it?" Xiong Xiaoge said angrily, "Qin Shaoyan can definitely do this kind of thing. He is a liar when it comes to honesty and trustworthiness."

"It's a pity that I had some differences with Mr. Xiong and Mr. Zheng from IDG. They left first and today's meeting cannot be held."

Qin Shaoyan said confidently, "A real-name social networking site that has won the national market has its own unique business model and is profitable. Aren't these worth 200 billion?"

"Welcome, welcome!" Qin Shaoyan quickly stood up to greet him, "The Queen of Venture Capital is here. It's really a glorious event."

Xu Xin smiled and shook hands with Qin Shaoyan, "Mr. Qin is too humble. You are the most influential person recently."

I just haven’t seen Qin Shaoyan’s model before.

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."

"It's just a false reputation, not worth mentioning." Qin Shaoyan waved his hands and sighed, "I invited Mr. Xu to come over today. I originally wanted to talk about cooperation."

"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 be able to sustain it for long, so spend it with him first."

"Will I regret it?" Xiong Xiaoge was annoyed, "I, Xiong Xiaoge, have been working as a venture capital investor for so many years, and I have never regretted it."

After saying that, Xiong Xiaoge turned around and left.

Xiong Xiaoge snorted, "Even if Dazhong.com dies and Campus.com becomes the only website, it won't be worth 200 billion."

"Are you wasting it?" Zheng Nan hesitated for a moment, "Not so good."

Zheng Nan frowned, "If we don't agree to the condition of Series C valuation, he will definitely increase the price of Series B."

"I have three more words to say." Qin Shaoyan shouted after him, but Xiong Xiaoge and Zheng Nan obviously ignored this and stopped walking.

Zheng Nan shook his head. Over the years he has been investing, he has seen many strange entrepreneurs.

Qin Shaoyan felt a little regretful. Maybe his last words were too harsh and irritated Xiong Xiaoge.

"Your campus has CCTV news online and is already famous all over the world."

"I have long said that this person is full of evil, how can I believe his words." Xiong Xiaoge said with a straight face, "Deliberately gave Series B a low valuation to lure us, and then forced us to admit that Series C was overvalued. Worth, have you ever seen this kind of entrepreneur?”

Qin Shaoyan said calmly, "Dazhong.com won't survive long."

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."

Xiong Xiaoge's face turned red with anger, "Qin Shaoyan, don't go too far!"

"Let's take advantage of this time to finish the investment in Jingdong Mall first." Xiong Xiaoge took out his mobile phone, "Do you have Liu Qiangdong's phone number?"

Zheng Nan also had a sullen face, put the tea cup heavily on the table, and followed.

The secretary whispered, "Boss, Ms. Xu is here."

There are those who cheat and cheat, there are those who are bent on defrauding investors of their money, and there are also business geniuses who spend every penny.

"200 billion?!" Xiong Xiaoge snorted, "How can he open his mouth?"

……

Qin Shaoyan looked up and saw a woman in red standing at the door, looking at him curiously.

"..." Xu Xin almost stopped and could only smile and nodded.

Qin Shaoyan hurriedly shouted, "Mr. Xiong, Mr. Zheng, please stay. I still have something to say."

The two of them kept walking, opened the door of the office, and left.

"Then let's stretch him now?" Zheng Nan asked.

Xiong Xiaoge said angrily, "Dazhong.com is still alive and well. Yang Botao occupies half of the market. Is your campus network so confident?"

The two bosses left too quickly and did not give him a chance to perform.

"Yes." Zheng Nan took out his cell phone, "I'll send it to you."

"Let's talk to Liu Qiangdong first." Xiong Xiaoge suddenly asked, "I've never dealt with him. How is this guy?"

"Very capable." Zheng Nan said without hesitation. "It's very rare to be able to start from scratch and build such a big business."

Xiong Xiaoge also expressed admiration, "Jingdong Mall mainly sells electronic products, targeting students and white-collar workers. It perfectly matches 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. It is very good in terms of product quality, price and after-sales maintenance."

"How much money do they want to raise?" Xiong Xiaoge asked.

"2500 million U.S. dollars." Zheng Nan thought for a while, "The valuation is 2.5 million U.S. dollars."

"That is to say, only 10% of the equity will be released." Xiong Xiaoge frowned, "Why does it feel so familiar to me?"

"Qin Shaoyan owns 40% of the shares of Jingdong Mall." Zheng Nan added.

Xiong Xiaoge snorted coldly, "I knew this matter would definitely involve Qin Shaoyan's involvement."

Zheng Nan smiled and said, "The campus network business model depends on JD.com to maintain it. The two parties must be deeply tied."

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 take it seriously, "As long as something can be done, the money will be well spent."

Zheng Nan hesitated for a moment, "Mr. Xiong, you said... what if, I mean, what if Qin Shaoyan can really expand the campus network to 200 billion?" Xiong Xiaoge glared at Zheng Nan, "Of course I know he can Do it.”

"The question is, no matter how capable he is, can he do it within a year?" Xiong Xiaoge said unhappily, "He will have Series C financing next year and an IPO before 07. Isn't this just trying to make things worse for 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 cursed when he heard these words. Do you want me to resist?
What should I take?

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 put on your head? !
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 now is campus network, and the most popular fashion is to register for campus network, as if you are out without a campus network account.

Especially those college students who are simply following the trend blindly and brainlessly. They register immediately after seeing the publicity and call their friends.

Yang Botao has been so worried lately that his mouth is blistering and his hair is almost turning white.

When Li Wanzhou was kicked out of Yanjing in disgrace, he felt 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'm Yang Botao, and I'd like to talk about the next round of financing."

"Dazhong.com can release 40% of its equity. 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, "How did you know?"

"I also went to the campus network today. I originally wanted to talk to Mr. Qin Shaoyan about investment." Xu Xin did not hide anything and said directly, "He said with regret that Mr. Xiong and Mr. Zheng were not here today, so the investment matter was There’s no way to talk about it.”

"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, "He goes back on his word and is insidious and cunning."

Xu Xin was a little confused. Why was Xiong Xiaoge so resentful?

"Mr. Xiong, I've investigated Qin Shaoyan. His style of doing things doesn't seem like this, right?" 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 talking 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 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 very honest."

Xu Xin was completely confused. Is Qin Shaoyan honest or dishonest?

Mr. Xiong, what you said is inconsistent.

"Mr. Xiong." Xu Xin made it clear, "I want to invest in Jingdong Mall. Can you tell me whether I can invest?"

"You can invest!" Xiong Xiaoge answered clearly, "We at IDG are also prepared to invest."

"That's good." Xu Xin was completely relieved.

After Xiong Xiaoge hung up the phone, he looked at Zheng Nan, "Qin Shaoyan brought Xu Xin here too."

Zheng Nan thought for a while and said hesitantly: "Isn't he demonstrating against us?"

"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 someone else."

"We have priority investment rights, what are you afraid of?"

"The competition now is who has more confidence and can spend more money." Xiong Xiaoge said with confidence, "I don't believe that as an entrepreneur, he can use more energy than venture capital. If he doesn't have money, everything will be in vain."

Zheng Nan nodded, "So Dazhong.com must hold on. Later, I will help Dazhong.com introduce several venture capital investors to give it blood transfusions."

……

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 team of dedicated 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 a piece of cake.

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 200 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, and he wanted to take advantage of this opportunity to personally check out the advertising company's local promotions.

That's where the headquarters of Dazhong.com is located. Winning the Shanghai Stock Exchange is equivalent to giving Dazhong.com a heavy blow.

Not only is it very hurtful, it is also extremely insulting.

Moreover, the Shanghai Stock Exchange is his first step in opening up the national market, followed by Yangcheng and Pengcheng...

(End of this chapter)