"Yes, I'm a person who advocates win-win!" Lin Xiaoguang smiled and nodded without hesitation.

As soon as he said this, many people present changed their faces slightly, and their thoughts were different.

After being silent for a while, Graff said: "In fact, according to what you said, the Pre-A round of micro-venture capital is an exclusive investment, giving the crowdfunder 3 times the return, which is not a loss to us, but the micro-message network, if there is no Pre-A round, this money should be yours, which is equivalent to giving the money that was originally yours to the crowdfunder." ”

Graff was right, and it was.

In the A round of financing, IDJ contributed 80 million or 90 million US dollars, accounting for 5% of the shares, and Weixin Network raised 80 million or 90 million, if the Pre-A round is added, the 0.4% of the shares of Weizhong Venture Capital will be withdrawn, and this part of the equity will be resold to IDJ Capital at a price of 6.4 million or 7.2 million US dollars.

At the same time, the Pre-A round will also dilute the equity proportionally, although the total is only 0.4%, Lin Xiaoguang personally released 0.2914%, the option pool 0.058%, the summit fund 0.024%, IDJ capital 0.019, Han Xia 0.0076%.

Without the Pre-A round, the money is from the micro-message network.

Coupled with the Pre-A round, it has no impact on investors, and the impact is on the company, which could have raised $80 million or $90 million, but now it can only raise $73.6 million or $82.8 million.

Dilution is nothing, after all, the equity has appreciated threefold accordingly.

"It doesn't matter if the micro-message loses a little, we just want to fully give the profits to every crowdfunder, so that they can feel the company's enthusiasm for them, although the number of micro-message registrations is rising, but I don't think that there will be many active users, the real supporters of micro-message, are crowdfunding participants. ”

Lin Xiaoguang's eyes sparkled: "Think about it, the first phase of crowdfunding has three times the return, and after the A round of financing conference, we also announced the start of the second phase of crowdfunding and three times the return, I don't know how many people will participate at that time?"

"Personally, I don't care about the money, I care about so many people, and they will support Weixin without hesitation. ”

"After all, if Weixin fails, their crowdfunding investment is tantamount to failure. ”

"Smack, smack!" Graff applauded, and then Victor shrugged his shoulders and held out his hand to applaud, causing everyone else to applaud, and applause resounded in the room.

"I have to say, Lin, you managed to convince me. Graff spread his hands.

Lin Xiaoguang smiled warmly, a little helpless: "At this stage, entrepreneurship is no longer just by throwing money, relying on plagiarism, you can win the giants, those of us who challenge authority, if we can't find another way to capture the hearts of users, no matter how prosperous the scenery is, it is just a mirror." ”

"You're calm!"

In front of foreigners, there is no need to be modest, he nodded: "I have always been calm." ”

"That's good, Weixin needs a calm CEO to lead the whole company forward. Graff nodded and stared at him again: "OK, I agreed to the $1.8 billion valuation and $90 million financing you said, so this time, do you want to cash out too?"

"Yes, I want to sell 1% of my stake to improve my life. Lin Xiaoguang nodded honestly.

"Yes, dear Lin, you are a billionaire now, although only on paper, but it is really necessary, and it is not necessary to be an entrepreneur to be poor forever, you can show your wealth. Graff agrees.

"Thank you!"

After the core clause is over, the next thing is much simpler.

At the end of the Pre-A round, with a valuation of 600 million US dollars, the shareholding ratio is 72.5586% for Lin Xiaoguang personally, 14.442% for the option pool, 5.976% for Summit Fund, 4.731% for IDJ Capital, 1.8924% for Han Xia, and 0.4% for Weizhong Venture Capital.

Then it opened a series A financing, with a valuation of $1.8 billion, raising $90 million, and each company released 5% of the equity in proportion.

At the same time, Lin Xiaoguang personally sold another 1% of the equity, and Weizhong Venture Capital sold the diluted 0.02%.

As a result, the shareholding ratio was released, Lin Xiaoguang 68.29076%, option pool 13.7199%, IDJ capital 10.51445%, Summit Fund 5.6772%, Han Xia 1.79778%.

At this time, Lin Xiaoguang proposed to make up an integer.

He personally gave away 0.0801% to the option pool, note that it is a gift, free, and the rest, he sold 0.08555% to IDJ Capital, 0.0228% to Summit Fund, and 0.00222% to Han Xia.

IDJ Capital has no objection to this proposal, and Summit Fund also said that there is no problem, but Han Xia said that he could not take out nearly 30 million RMB.

So Lin Xiaoguang lent her money for the sake of helping to raise funds this time.

In the end, the final shareholding ratio was released, Lin Xiaoguang personally accounted for 68.2% of the shares, the option pool 13.8%, IDJ Capital 10.6%, Summit Fund 5.7%, and Han Xia 1.8%.

Lin Xiaoguang personally transferred a total of 1.23577%, gave away 0.0801%, and cashed out 155,707,020RMB, that is, more than 150 million.

Among them, Han Xia needed to pay 27,972,000RMB, which he lent to the other party to buy this equity.

When the core terms were reached, Lin Xiaoguang, IDJ Capital Graf, Summit Fund Victor, and Han Xia were all happy.

On the one hand, the company's market value has increased ninefold from $200 million after the angel round to $1.8 billion now, and on the other hand, the option pool has increased by more than 10 million.

The specific details will continue to be discussed in detail on several occasions.

The entire investment and financing meeting was held until five o'clock, and then at the invitation of Lin Xiaoguang, all parties gladly accepted the invitation to the press conference.

At six o'clock, Hilton Hotel, Pre-A round, A round of financing and WeChat crowdfunding conference officially began.

At the venue, major news platforms, Sina, Tencent, Nandu, The Paper, and even Jiangcheng official media, all attended the venue, and the entire venue was full of reporters.

On the rostrum, the company's image spokesperson, and Qiao Ziran, the manager of the media department, spoke on behalf of the WeChat network.

First of all, she stared at the crowd in the audience, confident and proud, while smiling reservedly, and said: "Up to now, the number of registered users of Weixin has reached 25 million. ”

The audience immediately caused a sensation, the public beta started at 10 o'clock in the morning on Wednesday, and it has only been 56 hours now, 25 million registered users, this speed, too terrifying, if it goes on like this, as long as 10 days, the number of registered users will exceed 100 million.

Many people looked at the reporter of the goose factory news.

If WeCom hadn't lied, Weixin would have faced the most formidable challenger ever.

The reporter of the goose factory was a little confused: "What?"

After Qiao Ziran announced the news, a reporter immediately raised her hand to ask questions, she clicked a few people, answered the questions in turn, and then continued to announce the second news.

"Just now, we reached a consensus with IDJ Capital and Summit Fund on Series A financing, in view of the current product launch data, the financing of Weixin Network is valued at 1.8 billion US dollars, financing 90 million US dollars, and the final shareholding ratio is ......"

After the announcement, it once again caused a shock in the audience, $1.8 billion, this time it can be said that it is only one step away from the unicorn.

The last unicorn was just a joke, but now it can be described as a quasi-unicorn, full of real gold, after all, it has been approved by professional investment banks.

Financing 90 million US dollars, that is, 6.3 billion RMB, angel round financing to 70 million RMB, Weixin burned 25 million registered users, and now with 9 times the cash last time, if weixin is not checked, this time can easily smash out 1 billion users.

In the B round of financing, it is estimated that Weixin will become a giant second only to Weixin in the social field.

Weixin really met the enemy of his life.

Some reporters were sharp-eyed and found that Lin Xiaoguang's personal shareholding has decreased from 72.85% to 68.2% now, but his worth has increased from 1.0199 billion RMB to the current 8.5932 billion, an increase of more than eight times.

Moreover, there is a good math, and it can be seen at a glance that the numbers are wrong, so I asked at the moment: "Miss Qiao Ziran, Mr. Lin Xiaoguang, the founder of your company, has you cashed out this time?"

"Yes, there is. Qiao Ziran did not hide it: "Sell 1.23% of the equity and obtain the corresponding more than 150 million RMB." ”

The following immediately caused a sensation.

"Founders also need to improve their lives, please don't have to read too much into the media, next!"

After answering a few questions one after another, Qiao Ziran announced the third news: "Weixin crowdfunding venture fund, as of three o'clock in the afternoon, the first phase of the fundraising raised 16.96 million RMB, at the end of this phase of crowdfunding, the company established a micro-crowd venture capital fund with a valuation of 600 million US dollars, and invested in the Pre-A round alone, accounting for 0.4% of the shares." ”

After the A round, 0.4% of the equity of WeVenture Capital was diluted to 0.02% and sold to UBS Venture Capital IDJ Capital to obtain the corresponding 50.9 million RMB, which will be returned to the crowdfunding participants on the next working day. ”

Swish!

Many reporters at the scene stood up directly, what? There is also this kind of operation, Weixin took the initiative to make profits, and in just a few days, it made a three-fold profit, which is faster than grabbing money.

Qiao Ziran reacted to the audience and continued: "At the same time, the Weixin crowdfunding venture fund started the second phase of crowdfunding. ”

The three big news of the press conference were announced, she stood on the stage, answered the reporter's questions, and at about the same time, Lin Xiaoguang came to the stage, and then put Graff of IDJ Capital, Victor of Summit Fund, and Zhuang Xuan, the representative of the option pool, as well as the representative of Weixin crowdfunding entrepreneurship, Lu Renjia, a native of Jiangcheng, please come to the stage, sign and take a group photo.

Han Xia refused the opportunity to make a public appearance on the grounds that he didn't want to be famous.

Without her, it doesn't matter, too few people have made investment and financing speeches in turn, first Graff.

"For investors, investing in a mature giant company, it brings limited profits, and doubling is even more impossible, and compared to investment giants, IDJ and I prefer startups, they are younger, young means infinite possibilities, I invested $1 million in the seed round to account for 5% of the shares, I believe that one day, even after many dilutions, it can bring me tens of thousands of times the rate of return. ”

, the reporters in the audience were shocked.

5% equity, tens of thousands of times the rate of return, based on seven rounds of financing, diluted seven times, an average of 5% each dilution of 5%, the 5% equity will be diluted to about 3.5%, tens of thousands of times the return, which means that this part of the equity is worth at least $10 billion, that is, Graff means, the market value of Weixin will reach $300 billion.

Lay down in a big groove.

Subconsciously, they felt a little incredible, but then they thought about it, once Weixin has one billion registered users and a market value of 300 billion, it will not be a matter of minutes.

At the end of Graff's speech, Victor came to the stage, smiled heartily, and then spoke: "Summit Fund and I are very optimistic about Mr. Lin Xiaoguang, he is a noble person, a selfless person, a person who has detached himself from positive interests, I believe that only such a person can bring WeChat to success." ”

......