Rebirth: From Internet to the Sea of ​​Stars

Chapter 251

Su Cheng felt a little weird listening to Wang Xing’s words. How did you find out?

“what’s the situation?”

Wang Xing expressed his worries, “I have seen countless real estate companies in the U.S. in order to promote real estate, even lending houses with zero interest rates, and there are more and more subprime mortgages. I am afraid this thunder will explode.”

Su Cheng smiled at the corner of his mouth, “Isn’t this something you can understand? Who told you?”

Wang Xing was a little embarrassed, “Liu Fei said!”

Su Cheng snorted, “That’s it. These things are not something you should know, and don’t tell them. Now the economic situation is very good, but don’t talk too much.”

“Then you are ready to go public for a long time?”

Su Cheng thought for a while, “between April and June? How is it?”

Wang Xing nodded.

But what Su Cheng thinks is that the period between October and December is a good opportunity to make a fortune. By that time, it will be possible to escape the sales period. Since 2008, the economic crisis will come, so time and opportunity!

“Everything is unclear now, you will know in the future, things are not that simple.”

Wang Xing nodded and said nothing.

Zhou 17wei smiled and said, “Okay, don’t talk about it, let’s finish our work first!”

The three of them took a deep breath at the same time, “Let’s go, we should enter the arena too, today is our first negotiation! Get ready for a protracted battle!”

The three people smiled at the same time, no matter which step they took, everything became clear.

Even if they wait to go public, they still hold at least 3 points of shares in their hands. According to the current valuation, it is nearly 500 million dollars.

Why are you still dissatisfied with 500 million dollars in two years?

Pushing open the door Su Cheng strode in, and financing negotiations are about to begin!

“Everyone, everyone’s C round of financing has officially kicked off today. You are all old friends, and I won’t say much about other things. Those who can come here recognize everyone’s valuation. Then let’s go directly to the topic.”

A group of people with old gods are there, they are all old acquaintances, what else can they do?

The previous verbal battles have passed, and those who can do it here agree with everyone’s valuation, so this time it can be said to be quite interesting.

“Okay, this time we plan to release about 8 points of shares and plan to raise 1.3 billion dollars, so let’s start the distribution!”

As Su Cheng’s voice fell, there was silence around him.

Now that the company has gone, it can be said that the basic model is quite mature.

According to the original shareholding ratio:

Su Cheng: 53%

Wang Xing: 3.608 percent

Around one: 3.608 percent

Goldman Sachs: 6 percent

Sequoia: 6 percent

SoftBank: 5 percent

icbc: 5 percent

Morgan: 3%

Microsoft: 1.74 percent

Google: 1.1 percent

Huajin Securities: 1.12%

Option pool: 10.824%

In the two rounds of financing, excluding the shares held by Su Cheng in the option pool, there are still 53% of the shares, which can be said to be quite artistic.

And the company also has two founder shareholders who hold 7.2% of the shares, and the capital’s shareholding ratio is about 29%.

There are reasons for skipping the angel round and round a, but there are also reasons for Su Cheng to control the shares. Why does he want to release the shares when he has money?

But it is different now, in order to be able to quickly open the market and win development opportunities.

Although only about 8% of the shares released this time, it was the financing that everyone invested the most this time.

Because some local shareholders from all over the world need to join in!

Needless to say, the first reason for financing this time is to lay the foundation for listing, and the second reason is money, so this time it is said that the proportion of shareholders will not be reduced.

In the end, the shareholding ratio derived from a quarrel also became like this:

Su Cheng: 48.5 percent

Wang Xing: 3.1%

Around one: 3.1 percent

Goldman Sachs: 5.8 percent

Sequoia: 5.5%

SoftBank: 6.1 percent

icbc: 6 percent

Morgan: 5 percent

Microsoft: 1.8 percent

Google: 0.8 percent

Huajin Securities: 2.5%

Other: 3.6 percent

Option pool: 8.2%

A total of $1.32 billion was raised. In general, Su Cheng is still very satisfied. After the c round, there will be no other financing plans directly, which means that Renren will go public directly.

“OK, our financing is almost complete. We will start the listing plan in January next year, and the plan will be officially listed in March to May next year. Thank you for coming. We will hold it in other halls. Thank you dinner, welcome everyone to come, say again, happy cooperation!”

There are a group of people who want to cry and others who want to laugh. Financing is really difficult because you have to ask others to consider how popular your business is at first, but when it gets bigger, you have to balance the interests of multiple parties.

This time it is obvious that Su Cheng has strengthened the shares of SoftBank, Ai Cun Wu Cun and even Hua Jin, and weakened Mi Fang’s capital.

Because the next ipo will release at least a part of the shares, and these shares will flow to them, so if you don’t strengthen it now, it may be very uncomfortable in the future.

But Su Cheng still controls 48.5 shares. Although 5.5 points of shares are subtracted this time, as a company that is about to go public, the founder’s high shareholding ratio is unbelievable.

But this time it is not so simple. Su Cheng released 8.5 points of shares to his fund. On the surface, his shareholding ratio has been reduced to 40, which seems to be much more normal.

But it was still very high, but it was harmless.

Renren’s financing this time is generally very successful. With the money raised this time, he can continue to expand, and most importantly, he can really start operating the merger of the two companies.

Of course, the listing plan must also be implemented at the same time.

Generally speaking, it is generally considered that the period from the submission of a listing application to the stock exchange to the official listing is a quiet period, usually 3-5 months, but in fact the quiet period is not mandatory.

As a company that is so optimistic in the market, everyone’s listing is really just a trip to the past happily all the way.

It is too simple.

But even so, Su Cheng is going to get busy. 2007 is coming soon, and the timeline has come to the most critical time point, so at this time it will definitely become more and more busy.

Once the negotiations here are over, Su Cheng doesn’t care about the capital. If it’s not for your resources, why should I accept your investment?

Therefore, everyone has a better understanding of Su Cheng. He has a strong capital and is only for the benefits of cooperation. What do you say?

No way, this benefit is too fragrant. Now one point is 100 million. What about the future? It may be 1.62 billion or even 2 billion knives, so no matter how hard you can stand Su Cheng’s temper, you have to endure it.

In fact, after enduring it, these guys discovered that it was actually not that unbearable.

As soon as the negotiations were over, Su Cheng returned to his office and dialed Noah’s contact information. .