Chapter 358: Financing?
First of all, the method of demolishing the east wall and making up the west wall was ruled out.
However, if you want to expand your business, you need a lot of money, according to the current business situation of Guoxing Global Purchase, the best way to ensure smooth expansion without being dragged down by the capital chain is financing.
Wang Qiang was silent for a moment.
Originally, I thought that I would wait for the company to be stronger, and then raise money, because then I could raise more money.
It's just that the development speed of global shopping is much beyond my expectations.
Of course, the speed of burning money is not slow, with sales of 16.5 million and a loss of nearly 1.5 million, if you really open another 25 to 35 stores, the loss in the global shopping store is probably nearly 3 million, which is 36 million per year.
No way.
The money must be available as soon as possible.
has missed the point of Yahoo, Wang Qiang does not want to miss the point of Amazon again, so he must let Guoxing Trade bring him a sum of money that is enough to be an angel investor, or a few sums.
Financing has become imperative.
After thinking about it for a while, Wang Qiang decided to discuss it with Lao Zhu, as for Boss Wang, he has no decision-making power, and he is afraid that if he says it now, Boss Wang will make additional investment, and then the shares will be concentrated in Boss Wang's hands, is it better to give decision-making power or not to give decision-making power?
I don't have the ability to wrestle with the behemoth of Hongmen, so it is better to find other investment companies for financing.
Didn't Sequoia Capital come to the door a while ago?
After figuring it out, Wang Qiang made an internal call and asked Lao Zhu to come over.
Not long after, Lao Zhu came.
"Xiao Wang, what's wrong? I'm busy here. Lao Zhu pushed the door and came in.
Wang Qiang smiled and pointed to the chair, "Close the door, let's chat in the name of the company's shareholders." ”
"Hey, what are you talking about, anyway, you have the final say, I will support it with both hands. Lao Zhu didn't say a word.
"Brother Zhu, you sit down first. Wang Qiang said.
Lao Zhu was obedient to him, and since he said this, he closed the door, sat down on the chair in front of the desk, and then looked at Wang Qiang quietly, wanting to hear something.
"Just now we talked about the expansion of global purchases, the company doesn't have enough money, you know, right?" Wang Qiang started first.
Lao Zhu nodded.
Wang Qiang continued, "I think, let's raise money, otherwise there will be no money for development." ”
"That's it?" Lao Zhu showed enough trust, waved his hand and said: "You just make a decision, what else do you need to discuss with me, Xiao Wang, let me say a word, the company is developing better and better under your leadership, I only took out a few dollars at the beginning? Now that I am worth more than 10 million or 20 million, I still need to ask me what I am doing? ”
Hearing this, Wang Qiang felt warm in his heart, although Brother Zhu is well-known in the company for not caring about things, but he trusts himself 100%, not to mention all kinds of help when he didn't make a fortune at the beginning, even the opportunity to make a fortune was brought by Lao Zhu, otherwise how could he know Boss Wang, let alone raise 50 million.
Now that he wants to raise money, Lao Zhu didn't even ask how much he financed or how much the shares would be diluted, so he let himself operate, and he couldn't live up to it.
Even so, Wang Qiang still said: "The idea in my heart is to sell about 30% of the shares in exchange for a financing amount of 100 million to 150 million." ”
Speaking of this, Lao Zhu worried: "Only 30 percent of the shares are transferred, can we get so much money? Besides, when it comes to financing, it is generally the investment company that finds someone to evaluate the assets, and then the premium is higher, not as much as we want." ”
Wang Qiang said with a smile: "That is to say, but there are no absolutes in the world, the potential of global purchases, I think it is too much money to sell 30% of the shares, if it is not for the urgent development of the lack of money, I will sell 20% of the shares at most, and the asking price is more than 200 million." ”
For example, in the later Alibaba, Ma Yun asked Son for 20 million US dollars, and the shares sold by Alibaba at that time were really worth so much money?
It's certainly not worth it.
Didn't Jack Ma let Son see the potential of Alibaba in six minutes?
Now Guoxing does not need to say the potential of global purchases, there are so many investors and investment companies to come to the door, Wang Qiang believes that it is not difficult to exchange 30% of the shares for 100 million to 150 million.
After discussing with Lao Zhu.
Wang Qiang notified Boss Wang and Lao Yao's wife and daughter, saying that the company was going to carry out financing, and Boss Wang was also a smart person, so he didn't hear him ask for money, so he simply didn't say anything about financing.
Make the first call.
Wang Qiang prefers Sequoia Capital, a top investment company in the United States, with money and power, if Sequoia Capital becomes a shareholder of the company, it will definitely help if it wants to go public in the United States in the future.
Toot beet, the call goes through.
Don Valentine's voice came from the other side, "Hello, I'm Don Valentine. ”
"Hello Mr. Valentine, I'm Wang Qiang of Guoxing Trade, I don't know if you remember?" Wang Qiang said in a very polite tone.
Don Valentine immediately said, "Remember, remember, how about it?"
Wang Qiang pondered for a moment and said, "Yes, I have already thought about it, and I have a general financing intention." ”
"Tell me, if I think it's good, go back and make a letter of intent for financing, and I will send someone to China to talk to you in detail. Don Valentine said.
Wang Qiang said truthfully: "I am ready to sell 30% of the company's shares for $20 million. ”
In fact, this price is a bit inflated.
However, he believes that if the other party is sincere, the price will not be too low in the future, and he will push the boat down the river and just get the financing done.
However, to his surprise, Don Valentin, who had previously said that the price was negotiable, did not hesitate to veto at this moment: "At most 10 million dollars." ”
Wang Qiang frowned, "I'll think about it again." ”
Hung up the phone.
There was no bargaining, because the other party was obviously suppressing the price, otherwise it would be absolutely impossible to offer 20 million US dollars by himself and directly press it to 10 million.
Sure I want financing?
So take advantage of the fire to rob and desperately suppress prices?
After thinking about it, he decided to settle for the next best thing, and called the phone number of an investment company in Hong Kong, which was called by their vice chairman before, showing enough sincerity.
Wang Qiang probably repeated what he had said to Don Valentine to the other party, but the asking price was still high, 160 million RMB.
"Wang Qiang, your asking price is too high, although we have not carefully assessed the actual value of Guoxing Trade, but roughly the number of points, your company's valuation is at most 70 million to 80 million, I think so, you sell 30% of the shares, we bid 50 million, which is already a lot of premium. ”
This person Wang Qiang remembers very clearly, he was very polite when he called him last time, a mouthful of "Wang Sheng", in Hong Kong, adding a "Sheng" after the surname shows enough respect, but now he has changed his attitude, directly calling Wang Qiang's name, and the tone is not so friendly, as if Wang Qiang asked to come to the door.
Before, the other party came to the door first.
When you came to the door, you said that the price was negotiable.
Now I tell you that when you are willing to accept financing, the price is so hard?
Wang Qiang replied directly, "No, even if I can't raise money, I won't look for your company again!"
"Wang ......" The man was blinded by the words, and hurriedly wanted to add something.
But Wang Qiang didn't give a chance at all, and hung up the phone directly.
I want financing, and your price is suppressed so hard?
Okay, it's a big deal, now I won't raise money, grit my teeth and persevere, and when the global purchase is bigger, do you want to invest? I will let you contribute more money!
His temper has come up, and he is determined to make these investors regret that they didn't take more money out today, but Wang Qiang still doesn't believe it!