Chapter 49 Venture Capital
Chen Bin and Huang Xiaoyan, who were tired from the wedding, rested for a week after returning to M City to recover.
The four of them still returned to their previous lives, and even the schedule of sleeping at night did not change.
99 is the year of the outbreak of the Internet in China, this year many Internet companies have sprung up in China, and some companies can attract investment with some concepts.
Among the many Internet companies in China, Xiao Yuxuan's two companies have entered the ranks of leaders, so they are also among the many venture capitalists at home and abroad.
Most of the domestic venture capital in China are branches or subsidiaries of American and European venture capital in China. The most famous and powerful ones are, of course, 'Blackstone' and 'Red Earth'. And these two also coincidentally focused on Xuanyu Video and Xuanyu Online Article.
"Mr. Xiao, Mr. Jiang, the head of the Chinese branch of 'Blackstone' Venture Capital in the United States, would like to ask you to talk, please set a time. Han Xiaojing is now Xiao Yuxuan's special assistant, and in the company, she calls Xiao Yuxuan as President Xiao.
"You see when I'm free tomorrow, just set it, and then let me know. Xiao Yuxuan instructed that although she is not short of money now, Chen Bin said that she can contact foreign venture capitalists to at least understand the market and news of this industry.
Han Xiaojing took a look at Xiao Yuxuan's arrangements for tomorrow, except for a small meeting in the morning, there was nothing urgent, so she arranged the meeting between the two families at ten o'clock in the morning the next day. It's only been a year since she graduated, but Han Xiaojing watched the development of these two companies, and it can be said that these two companies are the children raised by her and Xiao Yuxuan. Now even the American 'Blackstone' venture capital has taken a fancy to Xuanyu, which makes Han Xiaojing very happy, and she is also looking forward to the meeting of the two families tomorrow.
When she returned home in the evening, Xiao Yuxuan told Chen Bin the news of her meeting with the American 'Blackstone' venture capital tomorrow, and wanted to hear what instructions and arrangements Chen Bin had.
"My original plan was to bring in venture capital after 2,000 years, around 02, so that the valuation of the company would be higher and our earnings would be maximized. I didn't expect Blackstone Ventures to want to step in so early. Although the timing is not right at this time, we can't push it out when it comes, because the 'Blackstone' venture capital is the vane of the industry, and if we push it, the subsequent venture capital will not have a good impression of us. This time, we only sold 10 percent of the original shares, and the value stuck at $2 million. Chen Bin thought about it for a while before saying. Now selling 10 percent of the shares for $2 million is indeed a bit of a loss, and in two years, the price could be doubled.
"Ah, our total investment in these two companies is now only more than eight million, less than ten million. Now selling 10 percent is worth $2 million, which means that the total value of the entire company is now $20 million, which is 170 million. It has risen 20 times in a year, which is really a huge profit. Huang Xiaoyan, who was on the side, listened, calculated an account, and shouted.
"Chen Bin originally said that it had risen 100 times in five years, but now it has only increased 20 times and he will sell it, is it any longer?" asked Joyna.
"I also think I can wait. Xiao Yuxuan also felt that it was a pity to sell now.
"I don't want to sell so early, but this 'Blackstone' venture capital can't be offended. We can't take all the profits, we only sell 10 percent. The latter shares, with the help of 'Blackstone', can also make back the lost money. Chen Bin explained.
"Okay, then talk to them as you say. Xiao Yuxuan said.
The next day, Xiao Yuxuan met Jiang Zhonghan, the director of the Chinese branch in the United States.
"Mr. Xiao, I heard that you started the company when you were in school, and you have such two large companies just one year after graduation, which is really worthy of being called 'Chinese Female Bill' in the industry. As soon as they met, Jiang Zhonghan put on a high hat for Xiao Yuxuan.
"It's the peers who have lifted it, big companies in Huaxia abound, and our Xuanyu can only be regarded as children. It's an honor to have your 'Blackstone' in favor. "Of course Xiao Yuxuan won't be blown down.
"Mr. Xiao, then I'm right to the point, I don't know if your company can give us a chance to cooperate. I think your company will inevitably be listed in Hong Kong or the United States in two or three years, and we have a lot of experience in this area. The cooperation between us and us must be a win-win situation. Jiang Zhonghan directly explained his intentions.
"Thank you, Blackstone, for taking a fancy to us. We are also very clear about the strength of 'Blackstone'. We really want to go public after 02 years, depending on the situation in the international industry, if the situation is good, the time can also be advanced to the second half of 01 year. In terms of going public, we do need the help of Blackstone. After discussion with the company's leadership, we can only give up 10% of the shares at most this time, I wonder if Mr. Jiang is satisfied?" replied Xiao Yuxuan.
"Ten percent, of course we're not satisfied. No matter what the price, we want to receive forty percent of your company's shares. So, I hope Shaw can always raise this amount a little more. Of course, Jiang Zhonghan wants to receive as much as possible.
"Mr. Jiang, this is the resolution of our company's board of directors, and I have no right to change it. I think there will certainly be more opportunities for our two to work together in the future. ”
"Okay, then let's talk about the 10% price first, I don't know what your company's price is?"
"The total price of 10 percent of the shares is $2 million. ”
"Ah, two million dollars. Mr. Xiao, this price is too high. As far as we know, your company's total investment is less than 10 million RMB. At a total price of $2,000,000,000,000 for 10 percent of the shares, your company is now worth $170,000,000. It has risen more than ten times in a year, which makes us unprofitable. "Jiang Zhonghan wants to keep the price down.
"Mr. Jiang, we all know that high-quality companies in the Internet industry can have an input-output rate of more than 100 times. We are now transferring at 20 times the input-output rate, and you can at least 80 times the profit, and our price is very reasonable. Of course Xiao Yuxuan will not give in, she is still a little distressed. This is a child she raised with her own hands, and now she has to share a part of it with others, how can she not feel distressed.
In the end, Jiang Zhonghan still accepted Xuanyu's offer, because the price was indeed reasonable.
In the afternoon, the two parties signed a contract for the transfer, and at the same time, the two million dollars were also received immediately.
Just after signing the contract with Blackstone, European 'red earth' venture capital also came to the door, and it was only one step late.
In the end, Xuan Shou also transferred 10 percent of his shares to Red Earth Ventures, but the price was $2.5 million. It was only one step late, and it cost an extra half a million dollars, and there was no way for the 'red earth' venture capital.
In three days, he earned 4.5 million US dollars, or 37 million yuan, which made the three girls so excited that they couldn't sleep all night. It's real money, and it's all in the bank card.
"Husband, what should I do with this money? I can't even think of how to spend it. Why don't you open two more companies?" Huang Xiaoyan tasted the sweetness of opening a company and going public, thinking about whether to do it again and make the money bigger.
"When there is more money, it becomes data, and I am numb now. I feel like a million is enough for me to spend a lifetime. Joyna felt that the money was too much for her, too much to be of use.
"I feel a little empty when I have money, but I still have a sense of steadfastness in my work. Xiao Yuxuan was not happy about the money.
"There are people in all areas of the Internet, and it is difficult for us to pick up the leaks. However, the Huaxia Internet has only just started, and many people have the overall idea, but everyone lacks one thing, that is, money. Now, we have the money, and we have a venture capital company, and we can invest the money and take money from those good Internet companies. It's like 'Blackstone' and 'Red Clay' took our money. "Chen Bin has a plan.
"Yes, we only made twenty times the shares we sold, but 'Blackstone' and 'Red Earth' made seventy or eighty times more, more than us. Of course, Huang Xiaoyan saw who made more money, but she didn't see that they were already in the bag, and the profits of 'Black Stone' and 'Red Earth' were just hanging gardens.
"It's a good idea to get a venture capital company, but who will be the name this time? Master Chen, venture capital will just hang your name, don't push us out again. Xiao Yuxuan said.
"Yes, this time in the name of the eldest master, we are all on strike. Both Huang Xiaoyan and Joyna knew that this venture capital company was the core of all Chen Bin's careers, so they didn't want to take advantage of it.
"Okay, then put my name on it, and the company will be called 'Spring' Ventures. Chen Bin clapped his head.
Ten years later, the most famous spring venture capital in China was born.