Chapter 747: Negative Teaching Materials
"After my partner and I discussed it, we plan to take out 15% of the company's shares and raise $50 million......"
On the stage, the contestants confidently introduced their financing plans.
"Fifty million?" Li Yadong couldn't help frowning.
He now has a copy of the information in his hand, which is about the other company.
Although the company has been around for five years, it is still very small, with only 37 employees and rented offices, more like a studio than a company.
In addition, they currently have very few products in hand, and there are three software still under development, and this Rainbow Of Colors software is the only one that has been developed.
For such a company, whether the total value is 50 million US dollars, there is a question mark, and now it is delusional to use 15% of the company's shares to raise 50 million US dollars.
Doesn't that mean that in the hearts of this player, the actual value of their company has exceeded 300 million US dollars?
Inevitably too confident.
Not to mention Li Yadong, after the introduction of the contestant's financing plan, even the three guests couldn't help frowning.
"Mr. House, with the current size of your company and the products you own, and the 15% stake to raise $50 million, will this asking price be too high?" Ms. Mira spoke first.
"Ma'am, this may seem like a lot, but it's not that high at all, you see, we still have a few great software in development, and that's not the point, it's our team. We have the best software R&D team in the United States, even compared to the R&D team of large companies like Microsoft, we don't lose much in terms of ability, and investing in us is investing in the future......"
The players are as confident as ever.
Li Yadong can also see that this guy is a megalomaniac, just making an image processing software, trying to compare with Microsoft's R&D team, it's really a bad thing.
In view of this situation, he was not prepared to consult other people's opinions, and said directly: "I'm sorry, we are not interested in this financing plan." ”
"Huh?" the player looked confused and stammered: "Didn't you say that when you enter the financing plan, you will definitely invest?"
Without waiting for Li Yadong to speak, Michael on the side had already explained: "Mr. House, you may have misunderstood, entering the financing plan can only show that we are interested in your project, but it does not mean that we will definitely invest, and the final decision is entirely up to us." ”
Michael was not surprised by Li Yadong's approach, on the contrary, he felt that it was the right one.
This House, who is obviously the leader of this company, admits that their software is not bad, but if the leader of a company is this character - blindly high-profile, blindly confident. In his experience, it is impossible to go far.
"You ...... If it feels like the amount of financing is too high, we can discuss it again!" House said with some anxiety.
50 million US dollars, it is indeed an inflated price, this is what he considered, but who made this Asian consortium arrogant, let's report it first, in case the other party agrees?
In fact, the price in his heart is acceptable for 30 million US dollars.
"I'm sorry, but we're not going to talk about it anymore. Li Yadong waved his hand, and his attitude was very crisp.
"Hmph, what kind of garbage show are you guys, deliberately playing with people!" House snorted coldly and brushed his sleeves away.
So far, House has become the first representative of a company to enter the introduction of financing plans, but still has not been able to obtain financing.
This also made the players who were waiting in the background nervous, and they all thought about their financing plans to see if there was anything inappropriate.
"It seems that as Mr. Michael said earlier, there may be some misunderstandings about our players. Will walked on the stage at the right time and broke the embarrassment with a bright smile, "I want to state here that there is no provision in this program that indicates that the contestants will definitely be able to obtain financing after entering a certain link, and it can only be said that the more they go to the back, the more likely the contestants are to obtain financing."
"So here, I might want to remind the players who are about to take the stage in the future, don't waste your hard-won opportunity, and try to come up with what you think is more reasonable to impress our investor delegation.
"Speaking of which, I would like to interview Mr. Li, I believe that many viewers and friends also have questions, since you have let Mr. House enter the financing plan introduction link, then why did you refuse him without hesitation, and even did not give him a chance to bargain, is it because his financing amount is too high, which caused your dissatisfaction?"
Will said as he paced down the stage to the round table.
"Part of the reason. Li Yadong nodded, but he wanted to hide something, "In my opinion, the financing plan proposed by Mr. House is not sincere, and 15% of their company's shares are obviously not worth 50 million US dollars." That's not the main reason, though.
"Do you remember what Mr. House just said? He thinks that his team is already on par with Microsoft's R&D team, and to be honest, I really disagree with that, if that were the case, their company would not be the size and reputation it is now after five years.
It was because of this sentence that I lost interest in Mr. House's company. In my investment philosophy, the product is secondary, the most important thing is people! A company leader, of course, must have self-confidence, there is no doubt about this, but this self-confidence is not blind, we can be confident in our products, but for the leaders in the same industry, since they do better than us, there must be their superiority, we must be humble and awe-inspiring, to learn their strengths, make up for our shortcomings, rather than blindly thinking that 'Lao Tzu is the first in the world'. Believe me, that's not half the best for the business. ”
"Wow!" Will exclaimed, "Audience friends, do you feel like you've earned it?" Anyway, I think it makes a lot of sense, even if I'm not an entrepreneur, I believe that if there are people in the audience who run a business, this will definitely be very helpful.
At the same time, this incident also tells us a truth - disaster comes from the mouth! I hope that our next players can learn this lesson.
"Okay, without further ado, let's continue our show and invite the next contestant to the stage!"
Not to mention, House's negative teaching materials have indeed achieved remarkable results, and the next contestants on the stage are more humble than the other.
After a black brother Die came on stage, he looked like a Japanese devil, bowing 90 degrees and having no fun.
But unfortunately, if there is no real material, no matter how humble the attitude is, it is useless.
What is even more ruthless than the first issue is that the representatives of the investment group with the roundtable seats this time have passed four players in one go.
Again, it's not that their products or projects are bad, it's just ...... That's not what Li Yadong needs.
But then again, when a person's attitude is good enough, there is always something to be gained.
The sixth player is a living example.
She is also the only woman to be the only woman to take the stage so far.