Because in the future, Facebook will continue to burn money on a large scale, and it will not consider making a profit at all in a short period of time, and it is impossible to make a profit.

Then, Facebook will have several rounds of financing.

The later rounds of financing will not only look at the specific development of the company at that time, but also refer to the valuation of the first round of financing, so in this first round, it is best to find a venture capital that can give the highest possible valuation and is not so greedy for shares.

Hearing Yu Wenfei say that the company has a plan for financing, Principal Lin became interested, and he turned his head to look at Principal Li: "Our school has a venture capital company, and Yu Wenfei's situation should be a very high-quality investment target!"

In 2000, Modu Jiaotong University created a venture capital company named "Modu Jiaotong University Venture Capital Co., Ltd."

This company is a company specializing in venture capital jointly funded by Modu Venture Capital Co., Ltd., the People's Government of Xuhui District, and Modu Jiaotong University.

The company is backed by the "Magic Jiaotong University Entrepreneurship Fund" and has strong advantages in capital, technology, talents, and policies. The fund is mainly used to invest in high-tech development and industrialization projects in the Modu Jiaotong University and Xujiahui Science and Technology Intensive Zone.

President Li nodded again and again and replied, "Yes, it is indeed very in line with the investment requirements of our venture capital company. ”

But then he remembered something, and said with a wry smile: "Yu Wenfei's project is very good, but it's too good, we may not be able to invest." ”

Principal Lin was puzzled and asked, "Why?"

He does a lot of academics, and he doesn't know much about these complicated businesses, but President Li does.

He explained: "Our venture capital companies mainly invest in technology companies that are just starting out, and the investment amount is generally about one million, and the maximum investment will not exceed one million. But Yu Wenfei's company is too large! Once the financing starts, the company's valuation is likely to be billions! We can't afford to invest it......

Principal Lin was dumbfounded, and he didn't expect that the answer was that the school couldn't afford it.

Suddenly the atmosphere became a little awkward, I wanted to give Yu Wenfei a little help, but it turned out that people had "grown up", and they couldn't help if they wanted to.

Yu Wenfei chuckled lightly and took over the topic: "Personally, I welcome the school to invest in Star Technology Company, and the investment does not have to be paid by an investment company, but it can also be jointly invested." The first round of financing may also be the best opportunity for the school to become a shareholder, so don't miss it. ”

He wants the school to take a stake, provided of course that he doesn't take too many shares.

If the background is not hard enough, you will be honestly waiting for three days to be checked at both ends, because it is too sensitive and too important!

In China, the state will not let go of the media easily.

Therefore, Yu Wenfei hopes that Jiaotong University, as his alma mater, is a famous school with strong strength and influence throughout both political and business sessions, and can become a shareholder of the company.

In this way, in the future, when Facebook develops to a certain scale and its influence is so great that it attracts the attention of the government, Jiaotong University will be able to solve too many troubles for itself.

He doesn't value the money of Jiaotong University, but mainly comes for the influence of Jiaotong University.

is also taking the money of an investment company, why not find someone with a strong background who can bring more help to yourself.

As for some investment banks that only have money and no background, then let them wait.

If you really want money, it won't be long before there will be a lot of VCs waving banknotes and making their own prices.

In fact, the company's phone has been almost blown up by major VCs!

They all consulted whether Star Technology had financing plans and wanted to send investment to the door.

Even in the cold winter of the Internet, companies like Star Technology and Facebook still exude dazzling light.

As long as you are not stupid, you can see how brilliant the prospects of this company are, are there any fools who do VC?

Apparently not!

However, Yuwenfei refused all of them, and did not say anything to death, but said that the company's funds are still enough, if you want to invest in Star Technology, please leave your contact information and wait for the notice.

Today, seeing that President Lin and President Li are interested in investing in Star Technology, then of course he will not let go of this opportunity.

............

Hearing Yu Wenfei's words, Principal Li's eyes lit up.

That's right, as long as the school can invest in shares, it doesn't need to be the main investment, find a strong big investment bank to cooperate, and the school's venture capital company can follow the investment.

Investing in Star Technology, the school is not to make money, but mainly to express its support for Yuwenfei.

And tie the two more closely.

The two principals could see that the young man in front of them was obviously better than they originally imagined, and the future was limitless.

So when he has not yet soared into the sky, the school will help him to the greatest extent, so that he can brand Yuwenfei and Star Technology on Jiao Tong University, and only then can he achieve the effect he wants.

"Yes! Lao Li, you should hurry up and do this, don't there are many students in our school who go to work in investment banks after graduation, you can see if there are strong investment banks and contact them. This is their junior company, let them not calculate too much, and it is also appropriate to bring up the junior, haha......" Principal Lin said with a smile.

Thin body, but loud laughter.

............

Graduates of Modu Jiaotong University, in the venture capital industry, there are also several well-known figures.

For example, Xue Chunhe, Managing Partner of SoftBank China Capital.

Many people know that SoftBank invested in Lao Ma's Ali and obtained unimaginable returns.

But few people know that SoftBank invested in Alibaba, in which Xue Chunhe played a great role.

The story of SoftBank and Ali has been interpreted in the folk as "Lao Ma made a great deal of power, convinced Softbank Son Zhengyi, and obtained $20 million in financing in 6 minutes", but the real version is far from limited to this.

In October 1999, when the preparations for China's SoftBank Fund were coming to an end, Son came to China and selected a number of well-qualified Internet projects to meet with Morgan Stanley. Sunil Gupta, an analyst at Morgan Stanley Asia Internet Research, thought of his old friend Jack Ma, and he was recommended to Son.

Son gave each interlocutor a chance to present their project within six minutes. After the statement, Jack Ma's team received initial approval from Son and his investment team, but Son was not sure whether to invest in Jack Ma at this time.

At this time, a noble person who reversed the fate of Alibaba, Xue Cunhe, the head of SoftBank China Fund, appeared.