Chapter 429: Bet Bigger
Yu Youcheng really did what he said, and after leaving the table to call Luo Bingnan, he continued to chat with everyone.
After lunchtime, the cooking chef invited from Redwood City was really exquisite, and the whole table of Chinese food was prepared, and under the persuasion of Mr. Yu, Hu Yiting, Tong Mu, Wu Tong, and Wang Qi were all a little drunk.
After the meal, Mrs. Yu suggested that everyone play mahjong, and Mr. Yu said that he had never touched this thing when he went to work before, but now he finally retired and played two.
So Hu Yiting sent Tong Mu as a representative, sat opposite Wu Tong, and played cards with Mr. Yu and his wife.
"But I won't. The child pastor said urgently.
"I'll teach you that. ”
"Well, well, you sit next to me. ”
Hu Yiting watched the battle beside Tong Mu, and saw that she played very stinky at the beginning, and finally figured out the rules after a circle, and the fight became more and more smooth, and said with a smile: "Okay, I must be a good player in the future." ”
Tong Mu touched a card, and after playing a card, he covered his mouth and smiled: "I haven't won a handful, where is a good hand, just talk nonsense." ”
Mrs. Yu grabbed a clean self-touch, clapped her hands happily and said: "The little boy touches it well, you don't touch it, where can I touch this one, hehehehe, Auntie will make dumplings for you at night." ”
Tong Mu smiled: "Then I'll help you roll the skin." ”
Mrs. Yu collected the chips from the three families, and said with a smile while stacking cards: "You can also roll the skin, this is really good! Hu Yiting, you have found the right wife, hehehehe, I bought fresh lobster from the dock market early in the morning, the chef just helped me chop the filling, let's make shrimp dumplings at night." ”
The game played to nearly five o'clock, Luo Bingnan called, Mr. Yu answered for a long time, and when he came back, he said that he would not play, and Hu Yiting and Wu Tong talked about business.
Mrs. Yu is a big winner, she won more than 3,000 US dollars in one afternoon, she couldn't close her mouth with a smile, Mr. Yu didn't win or lose, Wu Tong won more than 1,000, only Tong Mu's family lost, Hu Yiting smiled and hugged her and comforted her for a long time.
Coming out of the chess and card room next to the Yu family's study, Tong Mu followed Mrs. Yu to the kitchen, Wang Qi also offered to help, Hu Yiting and Wu Tong followed Mr. Yu back to the living room and sat down.
"Luo Bingnan helped me inquire clearly, and it was the New York Besse-in-all Group that made the angel round seed investment for Amazon. ”
"Jack of all trades...... You mean Blackstone Investments, right? It's a very famous company, I've heard of it. Hu Yiting nodded.
"Yes, it's Blackstone Investment, Luo Bingnan and Blackstone's investment manager inquired, saying that Bezos took the initiative to find them, because Blackstone had a director who knew Bezos on Wall Street before, so he was very relieved of him, so he gave him an angel round of seed funds, $1.5 million, accounting for only 10% of the equity, which suddenly pushed the company's valuation to $15 million. ”
"Blackstone is very powerful, and the seed round is not in a hurry to ask for more equity, which has pushed the overall valuation to the sky, amazing!" Hu Yiting praised.
Yu Youcheng saw that Hu Yiting knew the Tao very well here, and nodded approvingly: "Yes, the less equity the seed round occupies, the easier it is to push up the valuation, and Blackstone is a veteran in this industry." Luo Bingnan told me that now Blackstone is looking for a home, and they plan to release 5% of the equity to Series A investors, and Amazon intends to take out another 15% of the equity, so that a total of 20% of the equity, the goal is to introduce three or four more investment institutions, each of which will take about 5%, to push the valuation to more than $30 million, and then do another B round, and then go all out to prepare for the listing. ”
Hu Yiting said: "In this way, we went in round A and gave $1.5 million to account for 5% of the equity, while Blackstone recovered all the principal of $1.5 million in just a few months! Amazon received a capital injection of up to $4.5 million." ”
Yu Youcheng stretched out three fingers: "Three months, only three months." ”
Wu Tong smacked his tongue and said: "It's really a good deal, Heishi has made a lot of money, and the income of 100% in three months is simply usury." ”
Yu Youcheng said with a smile: "Luo Bingnan said that the concept of e-commerce has just become hot now, otherwise Blackstone can't speculate on the valuation so quickly, there are currently a total of five institutions that are interested in the A round, I asked him to help us register, Bezos should know soon, tomorrow I will go to Seattle to talk to him, see if he is welcome, next month's A round we will invest 5% Go in, I estimate that there is a certain amount of moisture in the news that Luo Bingnan got from Blackstone, and it shouldn't take 1.5 million, which does not rule out the element of Blackstone's boasting. ”
Hu Yiting said indifferently: "I think we can take more, Mr. Yu, you tell Bezos that we can monopolize the A round, let Blackstone give us 5%, Amazon give us 10%, for this 15% equity, we can pay 15 million US dollars to help them push the valuation to 1500 million US dollars in one go!"
Yu Youcheng gasped in shock: "So much! Hu Yiting, are you sure you want to put all your eggs in one basket? It's too risky to do so!"
I think Amazon is a good company that is one in a million, and such a good company can't be found with a lantern, and it's 10,000 times better than those small projects that come to the door with information and beg for funds...... No, don't sell stocks for two years! Firmly lock up and hold!"
Yu Youcheng's heart beat hard: "Hu Yiting, you play so big, I'm a little worried, you are now coming fast and a lot, and I have worked hard to save this money, and Wu Tong is the same." ”
Hu Yiting piled up a warm smile and said: "My vision will never be wrong, but in order to be responsible for you and Sister Wu, I can sign a gambling agreement with the company, and once this investment fails, I will personally take out the money to compensate you and Sister Wu for all losses." ”
Yu Youcheng swallowed his saliva, put his heart back in his stomach, and felt that Hu Yiting was really wealthy, since he was willing to take all the risks, if he wanted to stop it again, it would be a little too petty.
Wu Tong said sincerely: "Thank you, Mr. Hu, since this is the case, I don't have any opinions, I will listen to Mr. Hu's arrangement." ”
Yu Youcheng also nodded: "Since Hu Yiting is so resolute, then I believe you!"
Hu Yiting said with a smile: "In the future, you will know that I am right, and by that time, you will definitely have become billionaires." ”
Wu Tong smiled: "Somehow, I think Hu is always right, hehehe." But in this way, we don't have much money left, and after deducting the company's operating expenses, there are probably more than four million more to invest, that is, we have to focus on those seed round projects. ”
Hu Yiting said: "Don't worry, if it is not surprising, Amazon will soon be listed, and when the time comes, we will use Amazon's shares as collateral, and we can also lend money from the bank to make investments." ”
Yu Youcheng nodded: "The financial industry is like this, money is the right way to play, as long as there is a right one, the next one will be all the way, as long as the risk is controlled, do not increase leverage, we can continue to play." So...... So this first one is even more important...... Hu Yiting, you made a big bet this time. ”
After speaking, Mr. Yu breathed a sigh of relief: "I didn't expect to have such an exciting time after retirement, hehehe, it's really a rare experience." ”
Hu Yiting picked up the latte in front of him: "Mr. Yu, do you like this feeling?"
Yu Youcheng smiled: "Don't say it, there is a feeling of returning to youth, full of energy, hahahaha." ”