Wandering the world of film and television begins with the golden years

Li Haoyu is so insistent on sticking to the exact amount of funding he's raising.

"If Haotuan.com only raises one or two million yuan, it will be difficult for it to survive the subsequent internet winter."

"Then it's better not to raise funds at all; it's just throwing money down the drain."

"When opportunity knocks, you have to sprint like crazy, grow rapidly, and become the number one brand in the industry, so that other companies have no chance. Crisis is also the best opportunity for development, so I need at least one million dollars."

Xu Xin frowned upon hearing this, but did not refute it.

Xu Xin remained silent for a long time before saying, "I must say, the possibility you mentioned does exist, and it makes a lot of sense."

Li Haoyu remained calm and composed, unfazed by either praise or criticism.

"Thank you, thank you for your recognition."

Li Haoyu thought to himself, "You said these things yourself in an interview in later years. It would be strange if you didn't think they made sense!"

From the first moment he saw Xu Xin, he knew that Xu Xin was a difficult person to deal with.

To successfully secure investment, a drastic measure is necessary.

Never underestimate the other party!

"Mr. Xu, you've not invested in the good group you're in now. It's an insignificant app with less than 100,000 users."

"Instead, we invest in the best leaders in the entire consumer sector!"

"No matter who you are in the investment industry, you will always have to face one challenge: choosing the right sector. 💀☜ 69ˢĦ𝓾ⓧ.𝓒𝕠M 🐨💚"

Britain was the most developed country in the 19th century, the United States in the 20th century, and now that opportunity has fallen on China. The biggest investment opportunity of the future is in China, right now, and now is the best time to heavily invest in China.

We have the world's largest middle-class consumer group and the world's largest consumer market. Behind Haotuan.com lies a trillion-dollar consumer market.

Haotuan will continuously optimize the entire industry chain, build its supply chain, establish a powerful ground sales force, and tackle challenges one by one. Ultimately, relying on its deep understanding of people's basic needs for food, clothing, housing, transportation, and entertainment, Haotuan will stand at the forefront of the industry, build a localized lifestyle ecosystem, and become a unicorn-level listed company.

We cannot use the current situation to determine the future of the group.

Good venture capitalists have the vision to see through the fog before their eyes.

Seeing future growth...

These "nonsense" words had little effect on Xu Xin, but Li Haoyu had to say them anyway.

It's important to understand that the ability to make grand promises is also a reflection of an entrepreneur's capabilities.

She thought for a moment and said, "Here's what I'll do: I can give you 5 million RMB. 3 million is the value of your software and users, and the remaining 2 million is my confidence in you personally and your business model."

Li Haoyu finally understood that even top venture capitalists are sometimes just like the aunties at the market, meticulous and calculating.

Li Hao, equally unyielding, argued vehemently and launched into a frantic defense. 🐨🍟 ➅❾ş𝔥Ữⓧ.C𝓞𝕞 🐤🐼

"HaoTuan.com's features address many pain points for college students, making it very attractive to them."

"Shanghai Province is also piloting this approach, replicating the methods of Xishan Province in Shanghai, and the results are very encouraging, proving that the business model is feasible."

"Meituan's products offer a good user experience and excellent service; at the same time, we are constantly accumulating user data and continuously optimizing it. This is our key to standing out from many other software companies in the future."

"Localized lifestyle services, with food delivery at its core, are Haotuan's most important strategic businesses. For other major internet companies, food delivery is just one of their businesses. This raises the issue of resource allocation, which is based on strategic priorities, making it difficult for them to compete with our all-out allocation."

He spoke eloquently about everything from market prospects to competitive strategies.

Li Haoyu remained unmoved by Xu Xin's offensive, refusing to budge on the valuation.

Li Haoyu had considered mortgaging his house or even borrowing money to allow Haotuan to develop for a while longer. With more time to develop and hundreds of thousands of registered users, he could negotiate again, and the situation would be much better than it is now.

But in addition to funding issues, there is also the urgency of time.

Now that Capital Today has found a good team, other investment institutions are not to be underestimated. If they do not accept investment this time, countless competitors may appear soon. Therefore, this idea must be abandoned.

More importantly, Li Haoyu not only wanted to raise funds, but also wanted to obtain various intangible resources and endorsements from investment capital.

This is a weakness that HaoTuan.com cannot currently overcome; its foundation is too shallow.

The investment cannot be delayed any longer.

Li Haoyu was also particularly eager to finalize the investment in Tuanwang as soon as possible. As long as the money hadn't arrived in the account, there was always a possibility of change.

Of course, the prerequisite for finalizing an investment is that the financing price must be appropriate.

The coffee shop was bustling with people coming and going, noisy and lively.

For Xu Xin and Li Haoyu, this investment has reached its most critical stage, and all that's left is for them to compromise and make the investment happen.

Li Haoyu has now decided to take the initiative and break the current deadlock.

He proposed a plan to invest $100 million, dilute 15% of the shares, and set up a cash bet.

This means that if Haotuan.com fails to meet its performance targets, Li Haoyu will have to pay hundreds of thousands of US dollars in compensation, but the benefit is that it will not affect the equity ratio between the two parties.

The essence of betting is that it involves giving something for a price.

Although both betting and gambling involve probability, they are fundamentally different.

In gambling, both parties hope the other loses, while in a bet, both parties hope the one receiving the financing wins, in order to achieve a win-win outcome.

Xu Xin shook his head. "You young man really don't follow the usual path. You should know that gambling is a double-edged sword. If you can't fulfill the bet, you'll end up with a considerable debt. Why bother?"

"Wouldn't the problem be easily solved if you were willing to release a few more shares?"

Li Haoyu countered with, "So you think starting a business isn't worth persisting with?"

Xu Xin didn't refute, but instead said with a hint of admiration, "I don't know what your trump cards are, but being too confident might lead to a lot of trouble."

Li Haoyu remained expressionless. "President Xu, you're overthinking it. I also wish I had a good father who wouldn't make me work hard, but unfortunately, I don't."

Xu Xin continued, "Then aren't you afraid of failure?"

Li Haoyu asked seriously, "Of course I'm scared. I always thought that HaoTuan was only a few months away from bankruptcy. But starting a business in the internet industry is like surfing. You have to seize the opportunity to ride the wave. Being smashed to pieces and riding the waves are separated by a fine line."

Xu Xin's face darkened; this answer was truly speechless!

But at the same time, Xu Xin secretly applauded the young man's confidence.

They dared to declare a "trillion-dollar market value" target to investors and were also willing to take on performance-based agreements.

This kind of person is either a crazy person spouting nonsense or a true entrepreneurial genius.

She admired Fang Lihaoyu for daring to take on debt to start a business, which was no easy feat.

Xu Xin glanced at his watch and smiled, "It's getting late. I have a video conference to attend later. Are you really not going to reconsider?"

Li Haoyu remained silent.

The next second, Xu Xin smiled brightly and said to Li Haoyu, "Then let's do it your way. I believe you won't let me down."

Li Haoyu breathed a sigh of relief, stood up, and extended his hand to shake mine:

"Mr. Xu, it's a pleasure doing business with you."