Chapter 1713: One Month Goal
Two days later, in the company conference room.
After a few days, the company changed dramatically again.
Originally, I rented an office of about 100 square meters.
Now, it's a different story.
This one-story building was rented.
Moreover, the whole pattern has been re-planned, and it can be clearly seen that the president's office, finance room, technical department, etc. are simply separated from each other in the office area.
This change is a change from a grass-roots team to a regular army.
This made Qin Feng feel even more sloppy before, it was completely a grass team.
"Now that's decent!" Giselle looked around, a look of appreciation.
Before that, she threw the $1.2 million and felt distressed.
Because, it's too sloppy.
It made Giselle feel that he had thrown the money into the water.
Now it seems, it's pretty good.
"Now that everybody's here, let's have a simple meeting. "This is the company's plan for the future." You can take a look. ”
Britney and Giselle glanced at each other, and both picked up the project with a look of despair.
This project plan, they estimated, to say the least, there are twenty or thirty pages, full of text, and graphic descriptions.
For them, this is the book of heaven.
It's too painful to watch.
Dimon took one look, and was not surprised.
The two major shareholders, one is the hottest new star in the United States, and the other is a supermodel, and they have to be interested in this business project to have a ghost.
"Let me explain!" said Damon.
For the next hour, Dimon spat on the company's future plans.
Although Dimon has gone deep into the simplicity, it is still difficult for Britney and Giselle to listen.
"Okay, that's all for now. This time, the main reason is to determine the company's board of directors seats, as well as the financing plan. "Because of who they are, I don't think they want to come to meetings often." So, my suggestion is to reserve a board seat for both of you, and you can come to the company meeting at any time. ”
Britney and Giselle nodded.
"Then, during your absence, your voting rights will be given to Qin Feng. When you come, your voting rights will be exercised automatically. Dimon said.
Britney and Giselle nodded their heads.
It couldn't be better.
Dimon was not surprised by the result.
"Then there's financing. In the future, our company will raise $50 million in three months. And at the moment, based on the company's current market capitalization, I value it at about $10 million. So, after raising $50 million, the company's total share capital is $60 million. Dimon said this, sighing helplessly.
Originally, this kind of financing would have easily diluted Britney and Giselle's shares.
In fact, many companies will not raise so much money at the beginning. If the financing is too large, your own shares will be diluted.
Obviously, this is something that even startup teams don't want to do.
Therefore, it is generally about $1 million to raise first, or even less, about hundreds of thousands of dollars.
When the company has grown to a certain size, it will raise a second fund.
This time, there will be millions of dollars, or even one or two million dollars in financing.
And at this time, the company's valuation will also be very high. Even after the financing, the founder's shares will not be diluted too much.
Let's say the founder's stake is initially around 70%. Then the second time, it will be diluted by about 50%.
Then the company will operate again for a period of time, and will raise a third fund.
This financing is calculated in terms of 100 million US dollars. Of course, it also depends on the size of the company.
If the company is not doing well, then there will be less financing.
Usually at this time, the founder's stake is diluted to more than 30%.
But at this time, it is usually ready to go public.
Of course, if the company is large, then it will continue to raise funds.
Because in the early stage of listing, the larger the company, the more valuable the owner's shares will be.
At this time, it will continue to grow bigger and stronger.
Then the fourth financing is carried out according to the situation.
By the time the four rounds of funding are completed, the founder's stake is usually diluted to about 10%. Don't look at the small number of shares, but at this time, the value of the shares is high.
For example, Shuangma's shares are both around 10%, but they are both worth tens of billions of dollars.
However, Qin Feng was unwilling.
"Because it is the creation team, the $50 million financing only accounts for 30% of the total share capital. Dimon said helplessly.
If you want to change to any venture capital bank, you will not be able to agree to this money, and you will not invest.
Because it's not equal.
But Qin Feng took out the money himself, so there was no way.
As for Dimon's 5% stake, Qin Feng treats them equally, which can be regarded as a share after financing. Otherwise, the sacrifice will be gone.
"That's not to say that after the financing, our shares are worth a lot. Britney was surprised, "Hehe, that teacher, I won't have to work hard to record in the future, and I won't be short of money to spend." ”
Qin Feng's face turned dark. This girl wants to stick to herself every day in the future.
That's where things go wrong. Sticking every day, what should I do with the Qixi fairy?
But you can't refuse.
Otherwise, she might start crying.
Qin Feng had no choice but to nod.
"Am I not taking advantage of me?" Giselle frowned, thought about it, and looked at Qin Feng, "You don't have to take care of me like this!
With such financing, it is not Britney who takes care of it.
Between Britney and Qin Feng, it was a bad score. Of course, Britney doesn't care about money either. This share can be said to be Qin Feng's. But on their own side, they took so many advantages out of thin air.
She wasn't at peace with that.
Qin Feng smiled.
"It's okay, don't take this kind of thing to heart. Qin Feng smiled, "If you believe that I invest in my company, then you will naturally return the favor." ”
Giselle frowned.
"Okay, sister, don't care. My teacher is not short of money. Besides, don't you also believe in the teacher when you invest? Britney came over and took Giselle's arm and said.
Blindon's eyes and nose on the side looked at the nose, and the nose cared. This relationship is not something he is willing to get involved in.
Anyway, Qin Feng didn't care, and he wouldn't say anything more.
As long as Qin Feng is willing.
"Since there is no opinion, then it is decided. Dimon ended the meeting.
After that, he'll start to really make a big difference.
Of course, among them, there are two key ones, one is a third-party trading platform, and the other is digital currency.
These two, if done well, are too profitable.
Moreover, it is a terrifying existence that can leverage real money.
Of course, this also requires desperate money in the early stage.
"I NEED TO RAISE $10 MILLION IN A WEEK!" DIMON TOLD QIN FENG, "I WANT ALL STUDENTS IN COLLEGES AND UNIVERSITIES IN THE UNITED STATES TO USE FACEBOOK WITHIN A MONTH! IN THE FIRST MONTH, I WANT THE NUMBER OF REGISTERED MEMBERS TO EXCEED 1 MILLION!"