Chapter 123: Chilled into ice
It's a matter of facts.
Judging from Hongshan Huaxia's current business and assets, investing 50 million US dollars accounts for 30% of the shares, and in Fan Liancheng's opinion, the price is already a bit high.
I was thinking of trying to invest the same amount of money, but could I try to take 40% of the shares.
Unexpectedly, Boss Zheng and Sequoia Capital of the United States only invested an additional $10 million, and they dared to raise the valuation of Hongshan Huaxia by tens of millions of dollars, and the premium was not tens of percent, but nearly 200%, which made him feel like he had been wronged on the spot.
Immediately, he was displeased and didn't want to continue talking.
Billy Howell, he thought that Boss Zheng had discussed with Fan Liancheng in advance, and the young super-rich man opposite was also willing to consider it, so he added at this moment:
"You should know that we at Sequoia Capital have the most advanced financing platform, and when we first started, we easily completed a $180 million private placement through our existing client base.
The money has already been invested in promising Internet companies, and the next batch of fundraising plans will start soon, and maybe some cool companies such as Alibaba, Facebook in the United States, etc., everything is possible, Hongshan Huaxia is definitely worth investing in, its development potential is excellent. ”
I really want to gamble and say that if it's really that good, then don't invest in yourself, isn't it stupid to share money with multiple people?
But Fan Liancheng held back.
The main reason is that I am more optimistic about the operation mode of Hongshan Huaxia, as well as the mature experience and team, except that the quotation is too high, other aspects are very good, thinking that if I really can't talk about it and give up, there is no need to tear my face.
Throw a peanut into your mouth, the salty taste is just right, the heat is just right, and it is suitable for the current drink.
Fan Liancheng put away his smile and said seriously:
"But at the current scale, the valuation is too high, even if you count the development potential. I admit that Sequoia Capital in the United States can indeed provide some help for mainland Internet companies to go public, raise funds, etc., but to put it mildly, there is no benefit in sight, right?
I'm a businessman, I'm willing to spend more money to gamble on the future, but if I invest at your price, my risk will be greater, you are evaluating those Internet companies, I also have to evaluate the performance of Hongshan Huaxia, if you spend 50 million US dollars, you can only get a quarter of the shares in the end, and you don't have any decision-making power, then I might as well create a new venture capital fund, listing financing channels can be completed through Goldman Sachs, through Morgan Stanley, etc., you should be more sincere. ”
Boss Zheng's expression was slightly helpless, and he subconsciously looked at Billy Howell.
Beforehand, he felt that the price was a little too high and his appetite was too big, and the previous offer was his offer, and the conditions discussed today were from the US headquarters of Redhill Capital.
In this kind of matter, Boss Zheng does not have much say in it, because he belongs to a small shareholder with more right to speak, and Hongshan Capital has a big head in the early days of its establishment.
It was right to think it was inappropriate, but it didn't mean to help Fan Liancheng speak.
As he said before, he decided to come up with the United States to come up with another 10 million US dollars, and the funding gap is not as big as it was a few days ago, and he will be sure to get a second round of private placement after a while, and even try to issue a renminbi fund in the mainland to raise more capital from the market.
Before coming today, I planned to try it out, and if Fan Liancheng agreed to better financing, I would have the opportunity to join forces with him in the future to offset the pressure from the US headquarters, so as not to be tied down in business.
It doesn't matter if it doesn't work, after all, he is not the only potential investor, and whoever he cooperates with is a cooperation.
Speaking carefully, it is also strange that Fan Liancheng did not make up his mind a few days ago, if he agreed on the spot on the night of taking a yacht to watch the night view of the Huangpu River, and Boss Zheng would be tougher with the US headquarters, maybe he could get 35% or even 40% of the shares for 50 million US dollars.
Investment is not like this, many opportunities are gone after hesitation, and then the price has risen when you think about it, which is the same as stock speculation.
Howell is a part-time worker, commanded by his boss, directed, running around the world, barely a senior white-collar worker.
I heard Fan Liancheng mention that the price was too high, and he didn't have the right to make decisions without authorization, so he just said: "This should be the reserve price, maybe you can give your thoughts, I will contact the headquarters and discuss it carefully with Neil." ”
“...... I plan to invest $30 million, accounting for 20% of the shares, which is also my reserve price. Okay, let's eat first, and then continue to talk about it, I'm afraid that people will misunderstand that we are arguing. ”
didn't come according to the price of that night a few days ago, Fan Liancheng also took a step back, and he had the right to suffer a little loss and gamble on the future.
As for whether it can be done, both sides have no bottom in their hearts.
This meal was not very enjoyable, only half of a bottle of wine was drunk, and it was wasted, so he simply carried the wine bottle and glass to find Zhao Sturgeon and his son.
I promised that I would go over and sit, and there should be a number of courtesies.
Even if he fell into the thief's den, there was nothing to do, and two glasses of white wine were in his stomach, and he was already a little upset when he left......
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The big companies weren't so quick to make a decision, and they didn't answer until this Friday night.
Hongshan Huaxia may begin to feel that Fan Liancheng's investment is dispensable, but in fact, Fan Liancheng also has an ambiguous attitude towards whether to invest or not.
After all, if you have money in hand, you don't have to worry about having no place to invest.
If the stock market is at an all-time high and could collapse at any time, it means that there may be an opportunity to buy the bottom after the crash.
In the early years, for a long time after the Internet bubble in the United States, the stock prices of many high-quality companies were far undervalued, and many investors who sold at that time have earned more than ten times or even dozens of times their profits until now, and it is difficult to guarantee that similar scenes will not occur again.
Taking a step back, Fan Liancheng really has the strength to create a venture capital fund company by himself, which is nothing more than a difference between whether he is willing to implement it, and there is no need to hang himself from a tree, so he never took the initiative to call Boss Zheng to ask about the progress.
On the weekend, he accompanied his friends to the West Lake, and Han Xiaowen also took two friends with him to have a meal outside the building, visited the Lingyin Temple, and also visited a few pieces of land by the way, which were received by the people of the branch.
It's like eating and drinking in a different city and forgetting about it on Monday.
......
After being interviewed by the Finance Channel, the video has been edited and broadcast, and the response is mediocre.
Fan Liancheng thought that this matter was over, but he did not expect that the mainland stock market would rise one after another, and the so-called "financial experts" appeared out of nowhere and began to step on him to attract attention.
This evening.
He was sitting at his desk, watching an American drama on his laptop, when he accidentally noticed a push news with his name written on it.
clicked in and read it, and found that he was commenting on his interview, and said that it caused heated discussions in the Tianya community.
There are thousands of online stockholders, and now most of them are gathered in the Tianya community stock market forum, Fan Liancheng also often watched their remarks some time ago, and later found that it was either good news or miserable sales, which was mixed with a bunch of "industry bulls" who paid to teach externally, mainly some leek views that fell with the wind, and rarely came to peep at the screen after clearing A shares.
When I came to the forum in confusion, I saw a person named "Economist Zhuge Qiu" who wrote a long article analyzing his views, refuting the remarks he said during the interview, and continued to be bullish on the mainland stock market.
After reading a few paragraphs, Fan Liancheng began to get impatient, quickly swiped down, and roughly flipped through the ten lines at a glance, and found that in the final analysis, there was actually one sentence: the reason for the stock market to rise is reasonable and sufficient, and the market is still healthy.
In addition to this post, there are several more below, and there are thousands of comments.
Some people scolded him for Fan Liancheng being a straw bag, and some people said that he was the stupid toad who sat in the well and watched the sky, taking the opportunity to attack him personally, with a strong sour smell between the lines, and belittled him for relying on Lao Tzu more.
Even if he cultivated some "immunity", he couldn't help but be angry when he saw these remarks, and the more Fan Liancheng looked at it, the more angry he became, and he decisively began to register an account, ready to go back.
found that the name "Fan Liancheng" was used, "Fan Liancheng himself", "Fan Liancheng himself" and so on were also registered, frowned to search for it, and was surprised that the guy who registered his name actually scolded everywhere with his profile photo, as if he was afraid of not being noticed by others.
At the beginning of the message, it was all "If you don't change your name, you can't change your surname, Lao Tzu is Fan Liancheng, don't call your father soon......"
Looking at it again, after taking a few deep breaths before gradually calming down, Fan Liancheng went to register a "Dylan Fan" again, and this time it finally succeeded.
I wanted to write something and go back, but after pondering for a long time, I didn't find a suitable entry point, reasoning with a group of gamblers who gambled on red eyes?
was a little vigilant to the enthusiasm of others before, but when he was scolded by these people, they were all cold into ice cubes, to put it mildly, whether others are dead or alive has little to do with him Fan Liancheng.
After thinking about it, in the end he only left the words "wait and see", and he didn't even bother to prove himself, so he only reminded those who used their names and were more active to leave a message, saying that if they added to the chaos, they would talk to the lawyer.
It can take twenty years to build a good reputation, and it only takes five minutes to ruin it, and if Fan Liancheng had thought of this, he would probably have done things differently and would not have ventured to an interview.
Fortunately, I was used to calming down, and after classifying those people into the hopeless category, I didn't bother to think about it anymore.
After all, being scolded for a few words will not delay him from driving the fat dragon to have supper, let alone scolding the money in the account......
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