Venture capital has been developing in the Celestial Empire for some time, and in fact, there has been a relatively mature model. However, Tang still wants to take a look at SoftBank's appetite first. The school intranet is not very short of money now, and each of them also has a profit of more than 30 million, and it doesn't matter if you can't talk about it for a while.

"Mr. Tang, SoftBank is very interested in the intranet, but Jiang Hui, the founder of our team's intranet, is more interested, and the way we cooperate depends on the next communication with Mr. Jiang," said Mr. Xiong.

Mr. Xiong's words are not perfunctory. For venture capitalists, the key to determining whether a company will succeed is whether it has a strong founder, a market with great growth potential, and evidence that it will succeed so far.

Of these three things, the most important is a strong founder. Most investors will be the first to judge whether the company they are interested in will look like a winner or a loser, and once they have formed their opinion, it is difficult to change it.

Every startup has reasons why it's worth investing in and why it's not worth investing in, and if investors think your company is going to be a winner, they'll focus on those reasons why it's worth investing in, and if they think your company won't be a winner, they'll focus on why it's not worth investing in.

For example, a startup may face a wealthy market, which is a good reason to invest in, but at the same time, its sales cycle is sluggish, which is not a good reason to invest in. If investors are impressed by the company's founders, they will say they are willing to invest because the company faces a wealthy market, and conversely, they will say they are reluctant to invest because of the company's sluggish sales cycle.

However, judging from the achievements of Jiang Hui, the founder of the school intranet, in just half a year, Tang Wenwen feels that although Mr. Xiong's reply did not answer his question positively, it was a good reply for the school intranet. After all, the most powerful thing about a school intranet is that it has a strong, visionary founder.

"I understand what Mr. Xiong meant, so let's go back and set a time for the next meeting," Tang said.

"No problem, I am looking forward to meeting Mr. Jiang, he is currently the brightest rising star in the Internet industry of the Celestial Empire, in just half a year, he has gone through a road that many people can not finish in a lifetime, several companies have achieved very outstanding results, and SoftBank is looking forward to more extensive cooperation with Mr. Jiang", Mr. Xiong said.

……

Next, Tang Wenwen took SoftBank and his entourage to visit the office area of the school intranet, and briefly introduced the development of the school intranet.

"Mr. Tang, I think this office area is quite large, but many seats are still empty, how many employees are there in the school intranet now?", Mr. Xiong asked.

"Now there are more than 60 regular employees and more than 70 internships, and we have several major businesses in progress, and it is expected that the number of regular employees will exceed 100 soon, and some vacant areas are used as reserve land," Tang said.

"This floor is all about the school intranet, right?" asked Mr. Xiong.

"The 11th, 12th and 13th floors of this building are currently the office space of Jiang's company, and the 12th floor will be used as the office space of the school intranet in the future, and additional floors will be leased according to the situation," Tang said.

While visiting the school intranet, Mr. Xiong has been adjusting his opinion on the school intranet. The current intranet is different from those small companies that have been created, which is obviously on the right track, and it is estimated that it will be more difficult for SoftBank to easily obtain the conditions that it is satisfied with.

In fact, Mr. Xiong came today, not only on behalf of the opinions of SoftBank Celestial, but also on behalf of the SoftBank Celestial Empire, the development of the intranet in the island country is also good, which has attracted the attention of investors in the island country, and SoftBank President Masayoshi Son even personally called Mr. Xiong to consult the development of the intranet.

"Isn't it convenient for us to go to other companies for a simple visit?", Mr. Xiong said.

This question is actually a bit abrupt, after all, the content of today's negotiations is related to the intranet of the school, Tang Wenwen didn't expect that Xiong would suddenly propose to visit other companies, but fortunately, Tang Wenwen himself often goes to other companies to take a look, if you simply take a look at SoftBank, it shouldn't matter.

"No problem, but the thirteenth floor is still being renovated, and I can't see it now, let's go to the eleventh floor to have a look," Tang said.

……

After the visit, everyone returned to the conference room, and after a brief greeting, SoftBank and his party left the school intranet.

Tang Wenwen immediately called Jiang Hui and reported today's situation.

"Mr. Jiang, the above is the general situation today," Tang said after introducing today's events.

"SoftBank wants to see me and talk about the conditions, do you think they really want to talk to me or are they just perfunctory?" Jiang Hui asked.

"On the one hand, they must want to confirm the situation of the company's founders before making an offer, and on the other hand, it is estimated that the development status of the intranet is a little different from what they knew before, and they need to discuss it internally before they can make a condition," Tang said.

"Okay, when Mr. Xiong makes an appointment with you for the second round of negotiations later, you can arrange for me to talk to them. Don't be in a hurry, at least in a week," Jiang said.

"Okay, I see," Don said.

……

Just when SoftBank and his delegation came to the intranet to negotiate, IDG and Sequoia Capital and other investment institutions also received the news. The circle of venture capital is actually very small, and various companies will exchange some investment information between each company, intentionally or unintentionally, and sometimes several companies will cooperate to make joint investments. Especially in the future, when the amount of VC is getting larger and larger, in order to share the investment risk, it is often one institution that takes the lead, and several others work together as a round of financing.

After Mr. Xiong of SoftBank returned to the company, he quickly arranged personnel to re-evaluate the school intranet. The relationship between the school's intranet and Korn Ferry, Korn Ferry, Korn Ferry, and Facebook, as well as the relationship between Korn Ferry and Du Niang and Penguin, need to be included in the evaluation. At the same time, in order to win the first round of financing of the intranet as soon as possible, it is also necessary for SoftBank to adjust the previous opening price, according to the previous valuation of the intranet of the intranet by SoftBank Tianchao, it is believed that the intranet is worth about four or five billion. But according to what we learned today, if we talk about it at a valuation of four or five billion, we will definitely not be able to take it, and it will become a wedding dress for other investment institutions when the time comes.

(End of chapter)