You call this entrepreneurship?

Chapter 233 Mr. Liu will definitely succeed

Qin Shaoyan chatted with Zhao Junkai for a few more words, then stood up to see off the guests.

"Mr. Qin, stay here." Zhao Junkai said quickly.

"Then I won't give it to you." Qin Shaoyan said with a smile, "I hope we can cooperate more in the future and win together."

"sure."

As soon as Zhao Junkai left, Liu Mingzu opened the door and walked in. He first admired Mr. Qin's photo at the front desk, then straightened his clothes before entering the company.

"Mr. Qin." Liu Mingzu greeted warmly as soon as he entered the door, "Happy New Year, Mr. Qin."

"Happy New Year, Happy New Year." Qin Shaoyan looked at Liu Mingzu walking in with a smile, "Please take a seat."

Liu Mingzu sighed after sitting down, "I didn't expect Mr. Qin's office to be so simple."

This office was later separated separately and was not very big. It was purely for Qin Shaoyan's office use.

"That's such a pity." Qin Shaoyan said with a look of regret, "Now is a good time for the development of Internet companies. Venture capital is really blind to gold and jade. Why can't Mr. Liu look down on such a good project? Woolen cloth."

Liu Mingzu sighed, "There are differences on the valuation. The valuation they gave is too low."

"Actually, I was looking for investment everywhere. I looked for a lot of venture capital in succession, but after several talks, there was no progress."

The company's funds were tight before, so they only considered saving money and practicality when decorating, and Qin Shaoyan wasn't the kind of person who was good at ostentation, so he made do with it.

At least it won't be as small as a department manager-level office.

Fortunately, the people who came before were all venture capitalists. Naturally, they had no objection to the simplicity of Qin Shaoyan's office. They just felt that Mr. Qin was too thrifty.

Normally, campus network employees have to queue up to use the conference room during meetings, so when guests arrive, Qin Shaoyan always brings them directly into his conference room.

But in the final analysis, Liu Mingzu is still an ignorant newcomer on the Internet, and he only listens to other people's advice when it comes to finding venture capital financing.

At the beginning, I didn’t even think about what I wanted to make the website like. I kept following the trend and copying the features of other websites.

"What to drink?" Qin Shaoyan took out another bag of tea, "I have black tea, green tea, scented tea, and oolong tea."

"Mr. Qin called me, did you have any instructions?" Liu Mingzu asked cautiously.

Liu Mingzu smiled and did not dare to answer the question.

"Those portals at the time didn't even know how to make money. They went directly to the NASDAQ in the United States. The founders are worth hundreds of millions."

After playing this way for a year, he almost lost money to death. Later, he came to his senses and realized that the website had to make money.

"Mr. Liu is too polite." Qin Shaoyan sat on the other side of the sofa, "I'm just an ordinary boss."

"Huh?" Qin Shaoyan was a little surprised, "That shouldn't be the case. Your website idea is good, and it can also make money. Even if the venture capital is not optimistic about it, they will still invest some money."

"Now the Internet industry is booming again. If you look at the new websites, each one is more lively than the last."

"Who says it's not?" Liu Mingzu was also a little depressed, "But it doesn't matter, my website is still making money anyway, and I don't have any shortage of funds on hand, so let's just leave it at that."

The entire venue is only more than 200 square meters. In addition to necessary facilities such as bathrooms, two small conference rooms and Qin Shaoyan's office were separated during the decoration.

"I heard that Mr. Liu's website is negotiating with venture capital for financing?" Qin Shaoyan asked casually.

"As long as the website data goes up, your valuation will have to go up somersaults, and then you will be able to go public directly at the right time. Your net worth will be several hundred million at the very least."

"Mr. Liu is just joking about what I've been told or not." Qin Shaoyan said with a smile, "I just wanted to have a chat with Mr. Liu. We had a good chat at the wine table before. There were so many people at that time that it was not suitable to talk more, so I thought that I’ll make an appointment with Mr. Liu, and let’s have a good drink and talk.”

"Oh, Mr. Qin said something harsh." Liu Mingzu said with a flattered expression, "Thank you very much, Mr. Qin, for taking this seriously. As long as you give me a call, I will be with you at any time."

So this office was used as a reception room. At first, it was only equipped with desks and chairs, and then gradually added sofas, tea sets, coffee machines and other equipment.

Liu Mingzu's eyes lit up, "Mr. Qin, please tell me in detail about making a fortune."

With more things, the space becomes much more compact.

Both of them were interested in making friends with each other, and naturally the more they chatted, the more enthusiastic they became, and the conversation started all over the place.

Liu Mingzu was stunned for a moment. In fact, he was just an amateur player.

Because the website’s positioning is not clear and I haven’t thought about what to do, it’s just half-dead.

In his imagination, for a rich man like Qin Shaoyan, not to mention how luxurious the decoration is, the office must be dozens of square meters.

I heard that Huli.com could make money, so I invested money to build such a website.

"Hundreds of millions?!" Liu Mingzu's body shook violently and he asked in disbelief, "Mr. Qin, are you telling the truth?"

Liu Mingzu smiled bitterly, "What about financing, that's all what I brag about outside."

"Of course it's true." Qin Shaoyan said confidently, "You are also engaged in the Internet, so you should know this business."

Liu Mingzu was very surprised when he saw Qin Shaoyan's office for the first time. It was completely different from what he thought.

"After all, your website can still make money, and it has its own unique market positioning. New concepts and new types of websites have always been the favorite of the capital market."

Qin Shaoyan said: "Now is the hot spot of the Internet. If we can get venture capital money, we can quickly expand the scale of the website, seize the market, and attract users like crazy."

"Mr. Liu's words are wrong." Qin Shaoyan said seriously, "If you are doing the Internet just for fun, then leave the website alone. If you want to make a fortune, then your idea is wrong."

"No, no, no." Liu Mingzu waved his hand quickly, "I can just drink water. How dare I bother Mr. Qin to make tea for me personally."

How dare I treat you as an ordinary boss?

As soon as my brain started to work, a solution came to me. After various attempts, I finally found a way to make money.

"Ashamed." Liu Mingzu said excitedly, "Actually, I'm just making a small fuss, and I'm not at the same level as Mr. Qin, a master like you."

"Mr. Qin, please give me more advice."

"Guidance is out of the question. I just deal with venture capital a lot and have some experience." Qin Shaoyan waved his hand and said modestly.

Qin Shaoyan casually talked about a few tips on negotiating with venture capital investors, as well as some things to avoid.

Liu Mingzu was mesmerized by what he heard and fell to the ground in admiration. He wished he and Qin Shaoyan would chop off the chicken head and burn it with yellow paper on the spot.

Of course, Liu Mingzu just wanted to think about it. After all, his and Qin Shaoyan's identities were too different, so he didn't dare to take the risk.

He has been around for so many years, relying on his ability to observe people's emotions and understand people. He knows very well that there are some things he can do and some things he cannot do.

Liu Mingzu complimented, "Listening to your words is better than ten years of reading. Only after meeting Mr. Qin did I realize that this sentence is not an exaggeration at all."

"A little experience from you is enough for me to learn for many years."

Then Liu Mingzu sighed again, "It seems that it is difficult to get venture capital money."

Qin Shaoyan asked curiously: "How much money can you make from your website?" "The monthly income is not fixed. Sometimes it is less than 100,000, and sometimes it is more than 300,000." Liu Mingzu made a rough estimate, "Excluding the cost , I made nearly three million a year.”

"Then what is the venture capital valuation of your website?" Qin Shaoyan continued to ask.

Liu Mingzu was a little embarrassed and said cautiously: "I value it at fifteen million."

"Less!" Qin Shaoyan waved his hand, "Fifteen million is too little. Why should you multiply this figure by ten?"

"Ah?" Liu Mingzu felt guilty, "Mr. Qin, my data does have some moisture, but not much."

"That's not what I'm talking about." Qin Shaoyan said in a tone of hatred that steel cannot be made into steel. "I said if you multiply your data by ten, wouldn't you make a profit of 3 million? The valuation must be more than 30 million."

"When you negotiate with venture capital, you have to start at 50 million, and then tell them that the valuation can exceed 100 million within a year."

"..." Liu Mingzu was a little confused. In these three or two sentences, his website's valuation exceeded 100 million?
It's that simple?
"Mr. Qin." Liu Mingzu asked cautiously, "This valuation of over 100 million...isn't it a bit exaggerated? Even if I dare to say it, the venture capital investors must dare to believe it."

"It's not an exaggeration, it's not an exaggeration at all." Qin Shaoyan said categorically, "With the scale and size of your current website, you can earn three million. Then, with the financial support and development, can you earn more."

"The reason why you can't make profits now is because your size limits you, so you need to find investment to increase the scale of your website."

"What are you investing in?" Qin Shaoyan said in a deafening voice, "What you are investing in is the future!"

"You can earn 3 million now. As the scale of the website expands, the market will also expand. Will you be able to earn 30 million in the future?"

“Is your website worth 100 million?”

Liu Mingzu was stunned for a moment, then nodded subconsciously, "That makes sense."

"So I dare say that the valuation of 100 million is definitely reasonable." Qin Shaoyan said very confidently, "I still have this vision, otherwise how could I make the campus network so big? No one can compare with me Know more about the Internet.”

Yes.

Liu Mingzu felt excited. The man in front of him started from scratch and built the campus network all the way.

Qin Shaoyan is also at the top in the Internet industry. Is there anyone in the entire industry who understands the Internet better than him?

"I admire Mr. Qin's ability very much." Liu Mingzu said sincerely.

Qin Shaoyan then changed the topic, "Of course, I agree with this valuation, but venture capital will not agree."

"From a profit perspective, they lower the valuation out of instinct. It does not mean that your website is not worth it."

"You're very good at negotiating with VCs."

Liu Mingzu said quickly: "Please give me some advice from Mr. Qin. If the website successfully raises funds, I will be very grateful."

"Thank you." Qin Shaoyan waved his hand and said lightly, "I just want to make you a friend, there is nothing else in my heart."

"President Qin is so righteous!" Liu Mingzu cupped his fists and raised his hands, saying gratefully.

"What's wrong with you? I'm not the principal." Qin Shaoyan coughed, "By the way, I remember Mr. Liu's family is in the coal mining business, right?"

"Ah?!" Liu Mingzu was stunned, "Yes, my father has several mines."

"Then Mr. Liu's family must not be short of cash." Qin Shaoyan said, "Let your father give you a sum of money. You can build the website data and then pay it back after financing."

"Uh..." Liu Mingzu hesitated immediately, his expression seemed a little tangled.

"Mr. Liu?" Qin Shaoyan was a little surprised, so he asked aloud, "Is there any problem?"

"What is your father?"

"That's your dad."

"Oh, let my dad pick up the investment website." Liu Mingzu hesitated for a moment, "This is a bit difficult."

"What difficulty?" Qin Shaoyan was very surprised.

"My dad, he's a bit conservative in his ideas." Liu Mingzu smiled awkwardly, "He doesn't know much about the Internet, so it's a bit difficult for him to invest money."

Qin Shaoyan was even more surprised. Didn't he say that all coal bosses were rich and willful?

It is difficult to get money for his son to do business. It seems to be a bit different from the coal boss I know.

But think about it, Liu Mingzu is starting a business after all, not just eating, drinking and having fun.

As the saying goes, the second generation of rich people are not afraid of losing their fortunes, but they are afraid of the second generation of rich people starting their own businesses.

As soon as you start a business, you will spend money much faster than squander it.

Thinking about it this way, Liu Mingzu's coal boss father cannot be said to be conservative, but can only be said to be experienced.

Qin Shaoyan thought for a moment, then smiled, "Then tell your family that this money is not an investment, but a loan."

"Whether it works or not, you have to give it a try. As long as the listing is successful, this small amount of money is nothing."

"Now is the time when the Internet is booming. If you miss the opportunity in the past few years, you will have to wait until the next time."

"It's only a few million. Once you build the website, you can be in the spotlight."

"These days, even a pig can take off as long as it stands on the wind."

Liu Mingzu looked very entangled, as if he was weighing something.

Qin Shaoyan struck while the iron was hot, "If your website is listed, its market value must be over one billion."

"A few million dollars is worth it. Is there any better investment than this?"

When Liu Mingzu heard this, his body trembled and he made up his mind, "Then I will give it a try."

"Well, how can you know if you don't try it?" Qin Shaoyan said with a smile, "I'm actually quite optimistic about your website. I'll give it a try if I get a chance."

"Really?!" Liu Mingzu was full of surprise.

"Of course it's true." Qin Shaoyan pondered for two seconds, "But we have to wait until the venture capital side signs the agreement with you first. After all, I have a good relationship with IDG, so it's hard to grab their projects first."

Liu Mingzu nodded to express his understanding, but the passion in his heart burned.

Qin Shaoyan's approval is enough to prove that he has done the right thing and his website has great potential.

A bright future lies ahead, how can you know if you don't give it a try?

Now as long as we can get financing from venture capital, we can get financing from Qin Shaoyan, then the website will be stable.

But in order to get venture capital financing, you have to make money from your own father first.

Liu Mingzu sighed in his heart, the old guy is not that easy to talk to.

(End of this chapter)