Chapter 134: Cashing Out a Big Sum
A few days after Changqing left, he called Zhang Yida and said on the phone:
"Mr. Zhang, on behalf of Goldman Sachs, I agree with the valuation of Yimin Net Gold of $2 billion!
We have one condition, though!"
"On what terms?"
Zhang Yida was not shocked in his heart, as long as Goldman Sachs' request was not excessive, he could agree.
After all, Yimin Netgold will go public in the United States next, and it is unfamiliar with the place, and it is inseparable from the help of Goldman Sachs, a Wall Street giant.
"20% of the shares! Yimin Wangjin will issue additional shares or dilute them, and give us 20% of Goldman Sachs' shares.
Goldman Sachs is fully committed to the listing of Yimin Netgold!
Package you as China's Zuckerberg!
If you want to do it, you should make it bigger, and the listing momentum will be bigger. It's good for all of us. β
Chang Qing said on the phone, his tone was very excited, fantasizing about the scene of the market value of tens of billions of dollars in the future, don't be too cool!
After the first round of contact with Zhang Yida that day, he fed back the contact results back to his superior's big nose.
After the big-nosed superior got Zhang Yida's personal information and Yimin's operation information, he immediately made a decision.
Vote! You must vote! You need to get more shares!
This is the Chinese version of Zuckerberg! The story must be very beautiful to tell.
P2P online lending is sweeping China and the United States at this time, and the future is bright!
What else do you think about picking up money?
After receiving the instructions from his superior, Chang Qing made this call excitedly.
While talking on the phone, I was thinking, if Yimin Netgold earns a 5 times return, how much can I pay dividends in billions of dollars of profits?
Maybe it's time to change to a different yacht! The original space of more than ten meters is too small, and it is inconvenient to do things.
It's time for another thirty or forty meters long!
Zhang Yida was also thundered, and it seems that the pie he painted was too tempting and deeply attracted Goldman Sachs executives.
Not only did he recognize the $2 billion valuation, but he also wanted to get more shares and make a fortune in the future.
Refusal?
Why refuse!
"Okay, I'll talk to the management and early investors and get back to you as soon as possible. β
Zhang Yida happily agreed, and began to think about how to get the 20% shares?
......
"What? You said Goldman Sachs agreed to give Yimin Net Gold a $2 billion valuation and asked for a 20% stake to be released to them?
Can it be issued or transferred?"
Xu Xiaoming looked surprised, then smiled again, looked at Zhang Yida's young face, and sighed in his heart:
Ruixiang has only cashed out a wave, and now it is the turn of benefiting the people.
In addition, the development of Petra.com and Huimin Bicycle is also in full swing, and it is estimated that the return on investment will be indispensable in the future.
Looking at Zhang Yida, the more he looked at it, the more he liked it, and he couldn't wait to rush over and kiss the two.
But if you think about it, forget it, if you scare the children, you will be dumbfounded if you don't in the next project.
"Yida, what do you think? Is this 20% stake an additional issue or a transfer?"
After Shen Beipeng heard Zhang Yida talk about this great news, he was pleasantly surprised for a few seconds, but quickly regained his composure.
Goldman Sachs' growth Qing was introduced to Zhang Yida by him, and he did not participate in the first round of financing negotiations when he went on a business trip.
Unexpectedly, Zhang Yida's demagogic methods became more and more sophisticated, and he poured Goldman Sachs into ecstasy soup.
Agree to a valuation of $2 billion, not to mention a heavy position of $500 million.
He is also a venture capitalist, so he naturally knows that this is an extremely optimistic situation, and he will only take a heavy position in a project.
"Investors first! At that time, when the financing was raised, you had the right of first refusal. β
Zhang Yida said lightly that giving priority to investors to cash out is one of the necessary conditions for every venture capital agreement.
Xu Xiaoming and Shen Beipeng eat the rest of the share, and it will be the turn of the entrepreneurial team.
Fan Hongyang and Zhuang Chuguang also looked at Zhang Yida with a look of hope, after the merger of Yimin Financial Management and Yimin Puhui into Yimin Netfinance Group, Fan Hongyang was promoted to CEO of the group, and Zhuang Chuguang was appointed president, both of whom have a certain share share.
In particular, Fan Hongyang, who is a member of the founding team, has a 4.5% stake left after the last round of funding.
When Zhang Yida cleared his shares in Huinong Loan, he personally transferred more than 6 million yuan worth of shares from Yimin Wealth Management to him as compensation.
More than 6 million yuan, almost 1 million US dollars, at that time, the shares calculated at the valuation of 1 billion US dollars were converted to 0.1%.
He now owns a 4.6 percent stake in Yimin Wangjin Group, which is $92 million at a $2 billion valuation.
Before I knew it, I had become a billionaire!
Fan Hongyang was full of emotion in his heart, he was originally just a middle-level operation director of Ahri, and he jumped to Yimin to follow Zhang Yida to start a business together.
In more than a year, he actually became a billionaire.
I was a little excited, and at the same time, I was also very grateful to Zhang Yida, who gave me this opportunity.
From the ordinary middle class, it jumped to the upper class at once.
Zhuang Chuguang is okay, he joined Yimin late, and most of the options he got were options, and it would take several more years for all options to be converted into equity.
But he still secretly converted it in his mind and came to the conclusion that at a valuation of $2 billion, his options could be worth millions of dollars.
I secretly said in my heart that I must perform better this year and strive to get some options before going public.
Shen Beipeng was a little hesitant, not knowing whether to cash out some of the shares. In particular, Goldman Sachs' strong optimism made him even more uncertain.
Blackshirt Capital has a small stake in Yimin Group, only 8%, and it invested $50 million at the beginning, which is now worth $160 million.
The paper return only earned $110 million, which made him a little unwilling.
εΏδΈδΈθͺ says:
"The black shirt wants to continue to invest and maintain 8% of the shares without being diluted. β
Xu Xiaoming glanced at his old friend in surprise, but then he also understood that the old friend was unwilling and didn't want to leave the scene because he didn't want to make too much money.
The black-shirted family has a big business, let him go!
glanced at Zhang Yida and said with a smile:
"You still have more than 70% of the shares, right? Is there any pressure? I would have liked to sell 1% and keep 1%.
If you're afraid of being diluted, I'll liquidate all 2% of my shares!"
"There's no pressure, Mr. Xu, you don't have to worry about me, and your little shares have nothing to do with the overall situation.
It's up to you whether you clear it or not!"
Zhang Yida still holds 71.9% of the shares of Yimin Netgold, that is, 20% of the shares are all owned by him, and he can also eat it.
"Anyway, it's not much than 2%, so let's clear it! Yimin Netfinance has no shares, and I still have shares in the four companies of Huinong Loan, Yimin Loan, Ruimin Wealth Management, and Yimin Wealth.
You have to manage well, I'm ready to harvest 4 more listed companies!"
Xu Xiaoming made a joke about Zhang Yida, saying that it was a joke, but in fact, he was also half-serious.
After Yimin Holding Group split Yimin Netfinance, each of the remaining four companies has the potential to be listed independently.
"Lao Fan, what are you saying over there? Cash out some of it first, or leave it for listing in the future?
U.S. stocks have a 6-month restriction period, and if we list in the second half of the year, the lifting period will be the first half of 16. β
Zhang Yida looked at Fan Hongyang again and asked what he meant.
"Let's wait for the listing! I think it's still a loss to sell it now. And I'm also the founding management team, and it's not very appropriate to sell shares before going public, and I don't have enough confidence in the outside world. β
Fan Hongyang thought about it for a long time, and felt that he still had to restrain his desires.
He actually wants to sell some of his shares, but after thinking about it carefully, he feels that the performance of Yimin Netgold will definitely increase several times in the next few years, and it is still too much of a loss to sell it now.
Before Zhang Yida asked Zhuang Chuguang, he said:
"I'm not going to sell either, let's wait for it to be listed!"
He didn't have many shares, and he couldn't sell them for a few bucks now, so if he expressed his stance early and united with the management team, maybe he could still fight for a good impression of the leader.
Zhang Yida nodded, knowing the attitude of everyone, it would be easy to do, he said:
"Let's do it! issue an additional 10% first, then transfer 10%, and make up 20% to Goldman Sachs.
The difference between the transfer and the transfer shall be made up by me personally. β
Of course, everyone had no opinion on this, and nodded in agreement.
Only a hint of discoloration flashed in Shen Beipeng's eyes, and Zhang Yida in his cognition covered the shares tightly.
The last time Ruixiang had such a good cash-out opportunity, I didn't say that I would cash out to improve my life.
It's the turn of Yimin Netgold, why did you suddenly change your character?
Don't bury me in any holes!
After the meeting, he stayed alone and asked Zhang Yida:
"Why did you change sex this time?
Zhang Yida was a little vigilant, his little action was noticed by Shen Beipeng, he was really an old fox.
However, there was no timidity on his face, and he said with a smile:
Lin Zhenyang bought a Ferrari on the street and showed it off to me every day.
I thought about it and felt the need to improve my life.
Now it's really the same weight as four bags!
Even the salary was used to support Huimin Bicycle's early entrepreneurship. β
Shen Beipeng saw that Zhang Yida was behaving normally, and thought in his heart, maybe he was suspicious!
There are many founders who cash out their shares before listing, and there is no shortage of such a person as Zhang Yida.
Moreover, the shareholding ratio of more than 70% is too high, and the shares are too concentrated and not very good for post-listing circulation.
Goldman Sachs wants 20% of the shares, and the additional issuance of 20% or 10% will not have much impact on Zhang Yida.
"Okay, work hard, and strive to go public, with a market value of $5 billion.
I'll make some money with you!"
After Shen Beipeng made a joke with Zhang Yida, he relaxed and left.
After Shen Beipeng left, Zhang Yida also thought in his heart that Shen Beipeng had helped him a lot in his early entrepreneurship.
But it is impossible for him to say that P2P will collapse in a few years, so you should cash out as soon as possible!
To put it that way, is a madman.
P2P is in full swing and developing well, and he is still the boss of the head P2P company, so to put it is to compromise his own interests.
Because investors are still in the same boat as themselves, if they damage their own interests, they will also suffer from their interests!
Pay for one's whistle!
The point is, there is no basis for saying these things!
Why did you say that P2P wouldn't work in a few years?
There are still two or three years to go before the outbreak of a full-scale crisis in the industry, and the black shirt is listed and naturally knows to cash out according to the stock price trend.
Worry about them yourself!
They are all professional in playing finance, each with their own vision!
After figuring out these questions, Zhang Yida began to write and draw on the white paper on his desk, and calculated the transaction data of this financing.