18. Valuation of 200 million or US dollars?
Next to him, an amateur senior photographer who won the campus photography contest, Shen Yiyi took a single-lens reflex to take pictures of this scene.
With an angel round of investment of $10 million, which company has such a high starting point, it is estimated that it is on the top of other startups in the B or C round, the company is really powerful.
After picking people in, Lin Xiaoguang made a call and asked Han Xia to come over.
When he received the call, Han Xia was sunbathing beautifully by the outdoor bath of his villa, the morning sun was so soft, and when it touched the skin of the human body, it was so warm and comfortable.
"Isn't it? Angel investors came to her door so soon?" she was not surprised.
"The company's team has more than 300 people, and it is still rising rapidly, the project has started, the seed round of ideas, the angel round of the team, this is normal. Lin Xiaoguang explained.
"Then I'll come right over. ”
After a while, Han Xia came quickly, galloping, resolute.
Reporter, he called Graff and gave an informant.
"Lin, I don't think I can catch it here, so let's do it, when the time comes, the video conference, let's talk about it specifically, OK?"
"Okay. ”
The last time was a seed round of investment, IDJ Capital only came over with Graff alone, this time the angel round is obviously much more formal, in addition to CEO Hoffman, the chief financial officer has also arrived, a typical white European man in his early thirties, named Linna, and the chief legal officer, an elite lawyer in a suit and leather shoes, named Schmidt.
plus the remaining two entourage, and a bodyguard, a total of six people.
Han Xia walked into the WeChat network with his bag, and as soon as he entered the door, he was stopped by Tang Yuan at the administrative front desk: "I'm sorry, madam, may I ask ......?"
"I'm the co-founder, didn't Lin Xiaoguang tell you?" she smiled at the two little girls, and then stepped on her high heels and walked into the office area.
"Huh?" Tang Yuan and Huang Yixuan glanced at each other, a little surprised, the company still has a co-founder?
It's just that this co-founder is too beautiful, right?
Who is she?
When Han Xia came in, the investment talks had just begun.
Seeing her, Lin Xiaoguang's eyes suddenly lit up, today's Han Xia did not wear very leaky clothes like last time, probably considering that it was about to be noon and the sun was scorching, so he was still quite conservative, an off-white long-sleeved shirt with light khaki slim cropped pants, and a pair of pearl-colored high heels, only revealing beautiful hands, slender white and tender feet and neck, as well as delicate collarbones and a swan-like neck.
The hair is not well cared for, and it is still chestnut slightly curly long hair, combed to the edge, hanging diagonally on the chest, with a mature and charming style.
As long as it doesn't leak, he's satisfied, and it's okay if the makeup is mature, anyway, it's okay to be young.
With a smile on the corner of his mouth, he grabbed her arm without a trace, and walked over with a warm smile: "Come, Han Xia, let me introduce you, this is Hoffman, the CEO of Summit Fund......"
Get to know each other, exchange pleasantries, and the talks just began.
Lin Xiaoguang originally thought that Han Xia would make additional investments today, but he didn't expect that there would be no at all.
It is estimated that the funds involved this time are too huge, and 1% of the equity will cost 2 million US dollars, that is, 14 million yuan, and Han Xia, a rich woman, is also a little difficult.
IDJ Capital also made no additional investments.
As for the equity distribution plan, Summit Fund contributed 10 million US dollars, accounting for 5% of the shares, and the rest of the shareholders were released proportionally, Lin Xiaoguang released 4.15%, the option pool released 0.5%, IDJ Capital released 0.25%, and Han Xia released 0.1%, making up 5%.
At the same time, he personally took the initiative to take out 5% of the equity and put it into the option pool.
In ancient times, there was a miser, but he did the opposite, without blinking his eyes, he gave 5% of the equity, equivalent to 10 million US dollars, to the employees for free.
Hoffman got up directly, stretched out his hand and hugged him: "Lin, I believe that with a CEO like you, the employees of Weixin Network should feel honored, I firmly believe that only by knowing how to win-win can we go further, it seems that you and I coincide, and I have more confidence in Weixin Network." ”
"Thank you. Lin Xiaoguang smiled reservedly: "I always believe that the WeChat network is not my alone, it is owned by all employees, and I sincerely hope that they can realize their life ideals and achieve financial freedom here." ”
Wei Ying, Chen Shanshan, Yuan Fang, He Si, Zhuang Xuan, Xu Guowei and others next to him were also a little moved.
Such a boss is really rare, 10 million US dollars, if you say you give it up, you give it up, and if you say it is transferred to the employees, you will transfer it to them.
Han Xiamei stared at Lin Xiaoguang without blinking, somehow, at this moment, she actually felt that he was a little handsome, and he was really charming.
After the option pool was properly placed, Lin Xiaoguang stared at Hoffman again, and said: "On the basis of the valuation of 200 million US dollars and the financing of 10 million, I have another request, whether you agree or refuse, it will not affect our cooperation, I hope to sell 1% of the equity to improve my personal life." ”
"After all, I'm a CEO, and I don't even have a house or a car in Jiangcheng, which is a bit unreasonable, and it also affects the company's image. ”
Hoffman smiled and nodded directly: "Yes, people are actively involved in entrepreneurship, not just to improve their lives, I very much agree with one point, this requirement is very reasonable, so let's take over the 1% equity, we will take over the summit fund." ”
"Thanks!"
As a result, the final shareholding ratio was released, Lin Xiaoguang 72.85%, option pool 14.5%, Summit Fund 6%, IDJ Capital 4.75%, and Han Xia 1.9%.
The voting rights were 744.9 for him, 6 for Summit Fund, and 4.75 for IDJ Capital.
The others, similar to IDJ Capital's seed round investment, are the only one that has one more, building a VIE structure.
Lin Xiaoguang registered and set up a BIV company controlled by individuals in the British Cayman Islands - Lingdu Holdings, Lingdu Holdings + Option Pool BIV Company + Hanxia BIV Company, as well as IDJ Capital and Summit Fund, jointly funded the establishment of Cayman Weixin, with no change in shareholding ratio, and then the offshore company Cayman Weixin, which is jointly controlled by the founders, co-founders, management and venture capitalists, holds 100% of the shares of Gangcheng Weixin, and Gangcheng Weixin will set up a wholly-owned subsidiary in the mainland - We-Tech China WFOE (i.e. Wholly Foreign Owned Company), and then We-Tech China signed a series of agreements with Jiangcheng We-Tech.
Through these agreements, the parent company, Cayman WeChat, ultimately controls the domestic company, Jiangcheng WeChat.
This is the general framework, and the rest of the specific details are perfected by the two legal affairs, which is why the chief legal officer of the summit fund came here.
When the agreement is signed, the payment will not be sent at the first time, and it will be reviewed and confirmed to be correct.
But it's already time to hold a financing conference.
At 2:50 p.m., the media in Jiangcheng after being notified, as well as major domestic media, gathered at the Hilton Hotel.
At three o'clock, the press conference was officially held.
Yuan Fang, as the host, presided over the press conference as a whole, and Wei Ying, on behalf of the micro-news network, came to the stage to announce the news that the micro-news network received a $10 million angel round investment from the Summit Fund, with a valuation of $200 million and a release of 5% of the equity.
The audience was shocked.
, Weixin Network has been registered since today, it has been less than a month, from a market value of 1 million yuan to 1.4 billion yuan, it took less than a month, and it has expanded 1400 times, too magical, right?
Is it so easy to invest in entrepreneurship now? Or is it easy to cheat everyone stupidly with money?
Someone from Sina News whispered below: "The seed round of $1 million is understandable, but the valuation of $20 million is a bit unrealistic, acquaintance socialization has long been played badly, this idea is worthless, and I don't know how Lin Xiaoguang fooled investors?"
"yes, this $200 million valuation is even more magical, it sounds like a dream. ”
The people from the goose factory news glanced at each other, a little dignified.
"With a valuation of 200 million US dollars, 10 million US dollars in financing, and more than 70 million RMB, I feel menacing, and it's a rice chat if I can't get it right, what's wrong with it in China?
"Just look at the jokes.,Anyway, I don't think the micro-message has the possibility of success.,So many people on the Internet are clamoring to uninstall QQ uninstall weixin.,In the end, it's not a mouthful of integrity.,Mi chat is half-dead.,I guess it's the same.,It's just a clown who jumps off the beam.,Jump happily now.,Die fast in the future.,Let's see.。 ”
"That's right, we'll see. ”
The people of the UC department of the cat factory smiled: "After DingTalk, another product, launched the road to impact weixin, the goose factory is still so domineering and unpopular, this one by one, more and more good shows, I really think, Mr. Ma should probably invest in this micro-news, even if it can't break the monopoly of weixin, it can become this rice chat, and this investment can be regarded as earned." ”
The colleague next to him shook his head: "Just at his anti-996 anti-blessing remarks not long ago, he provoked Mr. Ma, and now he still wants to invest, dreaming, right?"
"I've never seen such an iron-headed person, doing acquaintances and socializing, and it's clear that you're fighting with the goose factory, and you're just fighting with the goose factory, and what do you say about anti-996 and anti-blessing, isn't this clearly aimed at Mr. Ma? ”
On the stage, Wei Ying stepped aside after announcing the general plan for the financing.
Next, Lin Xiaoguang represented Weixin and Hoffman, CEO of Summit Fund, and the two signed the investment agreement under the camera.
After signing their names, the two held them up together and announced them to the public and the media.
Camera flashes came and went, clicking, and the rostrum flickered, constantly murdering film.
The press conference came to an end, and finally Wei Ying announced a news: "Weixin products will be tested on time at 9 am on July 22, countdown to 20 days, no deletion, as for the internal test qualifications, you can get it on Weixun's official website Weixun, the number is limited, first come, first served." ”
And then that's the end of the press conference.
As soon as it ended, reporters and photographers from major platforms immediately sent pictures, videos and manuscripts to the company, and it didn't take long for the news on the major platforms about the angel round investment in Weixin to be released on the whole network at the same time.
UC: "Shocked, Lin Xiaoguang, the youngest billionaire in history, the secret of success turned out to be ......"
Goose Factory News: "An unknown start-up company received an angel round of $10 million investment and entered the field of acquaintance socialization. ”
Sina News: "The angel round is valued at 200 million US dollars, unprecedented and unique ......"
......