To be honest, this offer is a bit unexpected by Wang Ye, his ideal price should be about 90 billion, which is 50% higher than Jingdong.

Unexpectedly, Sequoia Capital and IDG actually came up and quoted a high price of 100 billion valuation, it seems that this is a must-win!

"So, what are the additional conditions?" Wang Ye began.

Zhou Da smiled slightly: "This condition should be very easy for Wang Dong to do." That is, it will be listed within two years, the effective registered users of the website will reach 100 million, and the annual sales will reach 50 billion! The net profit will reach more than 10%!"

These three conditions may not seem harsh, but when you think about it, each one is difficult to achieve!

Let's talk about the number of registered users first, less than a month after the launch of Meigou Online, the number of registered users has reached 56 million, and according to the thinking of ordinary people, it may reach 100 million users next month. But it couldn't be that simple!

Meigou Online was launched, and Wang Ye planned three waves of publicity activities in a row, one wave with greater intensity, which is equivalent to making almost all netizens pay attention to Meigou in the shortest possible time, which has achieved so many registered users.

But this also squeezes the potential of the later stage, how many Internet users in the country are there, according to the data released by telecom operators last year, that is, more than 200 million, less than 300 million.

Meigo.com also specializes in serving female users, which also removes more than half of the male netizens. In addition, in addition to those who are too old and too young, the real potential users may be about 100 million, or even less.

Now investors are asking for 100 million registered users on the website, which is a bit difficult to do.

As for the second requirement, the annual sales will reach 50 billion, which is no problem according to the current daily sales of 180 million. However, it is now the early stage of the website's launch, and the user's shopping enthusiasm is relatively high, and there may be a certain degree of decline in the future, so the annual sales of 50 billion yuan are not so easy to do.

The third requirement is that the net profit is more than 10%. This requirement, if put on industrial companies, is a joke, because most industrial companies can easily do it.

Again, this requirement is almost a joke when put on an Internet company, because no Internet company can do it!

At present, all Internet companies in the world are losing money if they have a certain scale, without exception! The difference is how much they lose! Take e-commerce as an example, Amazon, which has the highest market capitalization at present, is losing huge amounts every year! If it only loses a few hundred million dollars in any given year, investors will burn high incense, because usually this company loses billions of dollars a year.

What is outrageous is that Amazon has focused on losing money for 20 years and not making money, but its market value is climbing every year, and now its market value is as high as more than 100 billion US dollars, that is, trillions of yuan!

Why is there such a strange phenomenon, a company that is losing money every year, even huge losses, but all investors are chasing it and are willing to invest a lot of money in it to burn. It's because this company has imagination and room to grow!

"Currently, Amazon occupies an important position in two industries with the most room for value-added, namely online retail and cloud computing. Amazon has more room to appreciate than any other company, and in 2020 or so, it will grow to become the world's most valuable company!"

That's what JP Morgan's professional market analysts say in their assessment!

It can be seen that the loss of Internet companies is a normal operation, and no one takes it seriously. However, once such companies have both imagination, room for growth, and a stable and sustainable profit model, it will be a great deal.

"Your three requirements are really not ordinarily harsh. This valuation of 100 billion is not easy to get. Wang Ye shook his head and smiled bitterly.

"Haha, for others, it may be difficult, but for Wang Dong, there should be no problem. To be honest, it was with these three strings attached, that Jack and I were able to convince the board of directors to give Meigou such a high valuation. Zhou Da said frankly.

Li Xin was also speechless next to him, and sure enough, there was no good thing about pie in the sky. These investment banks are all thousand-year-old foxes, and they have become elites! How could it be easy for Wang Ye to get so much money, because there were so many harsh conditions tied together.

If it is valued at 100 billion yuan, then if you sell 20% of the shares, you can get 20 billion in cash! This amount is that Wang Ye has to be tempted.

With these 20 billion yuan, he can do too much! However, can these three conditions really be met?

"If I can't do it, what do I need to pay?" Wang Ye asked calmly.

This is the proper meaning, is it a bet, of course, there are rewards and punishments. Now the reward conditions have been opened, that is, to give a high valuation, high investment!

The punishment conditions are waiting for Zhou Da to come out.

"If you can't do it, then it depends on the extent to which you can do it, and according to the degree to which the goal is completed, please ask Wang Dong to transfer the corresponding shares to us unconditionally and free of charge! With that, Zhou Da pushed a folder over.

Wang Ye opened it and took a look, and it was really well prepared, and it was marked in detail that if the three conditions were not completed, to what extent and how many shares needed to be transferred.

In the worst-case scenario, it is even possible to pay the entire stake in your own hands!

Closing the folder, Wang Ye fell into deep thought, and in the large conference room, more than a dozen people on both sides all looked at him quietly.

Now wait for Wang Ye's decision!

Everyone thought that Wang Ye was making a very painful choice, and was considering whether he could achieve the three VAM agreements. However, what everyone didn't expect was that Wang Ye didn't take those three agreements to heart at all!

First of all, the direct sales model of Meigou.com, as well as the control of product suppliers such as Weiye Jahwa and Flower Story, and the agency agreements signed with Estee Lauder and L'Oreal, the profits can definitely be guaranteed. It's nothing more than paying attention to the cost of promotion!

As for registered users and annual sales, investment banks can't predict the future, and don't know that from this year, the domestic market has begun to enter an explosive period, and the number of network users has also increased significantly, so these two conditions, with the ability of Wang Ye, can be easily done!

What he is thinking about now is how to use it after getting the huge sum of 20 billion yuan! Such a large sum of money must not be put in the bank to eat interest, and a fool will do that.

So it must be spent, and it must be spent on the blade, and the prayer will have the greatest effect.

How to use this money had an idea before Wang Ye decided to accept financing and convene the board of directors of Weiye Jiahua.

However, at that time, he didn't expect that the valuation of Meigo.com could reach 100 billion, so the money he got was a bit beyond his estimate, and now he plans to adjust it slightly.

With a decision in his heart, Wang Ye got up with a smile and stretched out his right hand: "Welcome Sequoia Capital, IDG Capital." We'll be collaborators from now on!"

Listening to Wang Ye's words, Zhou Da and Jack also stood up happily, they knew that Wang Ye had accepted their request in full.

Sign the share transfer agreement, even if the investment is decided, just wait for the company's equity information to be changed later.

After investing such a huge amount of money, the two investment banks will certainly not let go, and after discussing with Wang Ye, they decided to send a resident director. This is customary, and Wang Ye readily agrees.

On May 19th, Meigou held a press conference to officially announce that it would accept the joint investment of Sequoia Capital and IDG, and this time a total of 20 billion yuan will be raised!

At the press conference, Zhou Da, partner of Sequoia Capital China, said with a spring breeze on his face: "I have been engaged in the investment industry for more than 20 years and have had countless successful investment cases. I have a rule that when you look at a company, you should look at the leaders of that company first. As for Mr. Wang Ye, CEO of Meigou.com, the financial reporters who may be present know that this is a person who is accustomed to success and miracles!

Jack, the representative of IDG, said passionately: "At first, I was skeptical about this amount, feeling that the valuation was too high and risky. But from the first time I met Mr. Wang Ye, all doubts and distrust disappeared! Mr. Wang Ye has such a charm that makes you believe that he can do anything!"

Business blows each other, not to mention that Sequoia Capital and IDG have put a heavy bet on Wang Ye this time, of course, they must spare no effort to build momentum for him, and they can't wait to shape Wang Ye into a business myth!

Wang Ye was not far behind, he told the reporters and friends present: "Sequoia Capital and IDG are both well-known big capitals in the investment banking industry, and countless successful investment cases in the past have also proved their vision. This time, they chose Meigo.com and chose my royal industry. And this investment will bring them huge profits in the future!"

None of them explained that the money was not actually invested in Meigou.com, but was only used to buy shares in Wang Ye's hands.

After listening to Wang Ye's speech, the audience applauded thunderously, and everyone celebrated the successful conclusion of this cooperation.

The reporters were very happy that they got a big news, which is a whole 20 billion yuan investment! It is more than 2 billion yuan when converted into US dollars! Not to mention, there is a big red envelope to get for participating in this press conference.

If there is anything else to say, I will send out the news when I go back, and blow it well! The sedan chair is carried by everyone, and everyone is willing to do the icing on the cake.

The joint investment banking group led by Son was still nervously calculating and discussing in the hotel, when they received a call from Meigou.com, officially informing them that the financing was over.

With a long sigh, Son was a little frustrated, he was also very optimistic about the development of Meigo.com, but this time he was robbed of investment opportunities by competitors.

But this is also a normal thing, after all, Sequoia Capital and IDG are also veteran investment banks, and their strength is not inferior to Softbank International.

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