Chapter 516: The valuation of the A round will exceed 300 million

Shi Lei has no interest in eating with Shi Qiang, let alone going to be his and Zhang Xiyue's light bulbs. Pen Fun Pavilion wWw. biquge。 info

After Shi Lei refused, he made an appointment with Dong Chiqing.

After Qixuan completed the initial APP construction, Dong Chiqing went to the company, basically affirmed the initial work done by Shi Lei and Yaoer, and said that he had already pulled the line from the education department, and he could inject funds into Qixuan as long as Shi Lei's investment was in place.

After Dong Chiqing received a call from Shi Lei, he happily went to the appointment, and the two made an appointment to meet at the tea house in the Big Bell Pavilion.

came with Dong Chiqing, as well as Xu Zhida, and the three of them met to confirm the distribution of equity and determine the investment in Qixuan.

Since Qixuan is now Shi Lei's sole proprietorship, and the APP of urban bicycles has been basically developed, Yaoer has also contacted a bicycle factory, and the design drawings have also come out, which is characterized by two words - strong. All this, Dong Chiqing gave a valuation of about 13 million.

When it was determined that Shi Lei's capital investment was 5 million, Dong Chiqing said that he would take 18 million to inject into Qixuan.

The distribution of shares is that Dong Chiqing and Shi Lei each hold 45% of the shares, the remaining 10%, the current two technical teams each hold 2.5%, and the remaining 5% is reserved for future management rewards and employee rewards.

In this way, Qixuan's valuation has reached 40 million yuan, and Dong Chiqing and Shi Lei have reached a consensus that the A round will be opened after the company's valuation reaches 300 million yuan.

At first, Shi Lei was not optimistic about this number, after all, the current company with actual assets of only more than 20 million yuan, if it wants to reach a valuation of 300 million, it is equivalent to a more than ten times increase. This seems a bit out of reach.

Dong Chiqing told him that according to the operation plan formulated by Yao Er, once they start the project from the university in Wudong, they will invest at least 5,000 bicycles at one time, and the number of users will easily exceed ten times the number under the guidance of the university. The second step is to try it within the urban area of Wudong, and it is estimated that the number of users will exceed 100,000 in about a month.

Coupled with the user reverse flow of Zheng Xu's company, it is not too difficult for the number of its users to exceed 150,000 in a month or so. At that time, when the number of users in a city is 150,000 and expands to other first- and second-tier cities, the overall value of Qixuan's project will be doubled geometrically.

"300 million is just a relatively conservative valuation. My idea is that we need to get at least $6 to $8 million in Series A, which means that our valuation must be higher than $60 million, which is more than $300 million. In fact, I prefer to reach more than 80 million, which is 500 million soft girl coins. Believe me, the capital market is crazy, and even when Yu Dashao returns to China, he may first become interested in your project, and when the time comes, he will lead the investment, and capital will flock to you. In less than two months, the valuation of our Qixuan will only be higher than you think. ”

Shi Lei was indifferent about this, so he made a phone call from Drug 2, and Medicine 2 said that Dong Chiqing's idea was more idealistic, but the goal of 300 million was not particularly difficult to achieve within two to three months. Moreover, the more than 20 million cash invested by Dong Chiqing and Shi Lei, in the opinion of Yao Er, is enough to burn for a month, and the A round will definitely be launched in two months, and he will try his best to achieve a valuation of more than 300 million.

Facing Yao Er's reply, Shi Lei was a little confused, he couldn't figure it out, he was still poor half a year ago, but now he is sitting on millions of assets, but Dong Chiqing and Yao Er have an estimate of his net worth of more than 100 million two months later, which is really incredible.

Dong Chiqing smiled again at this time and said: "Don't think that your net worth will rise to more than 100 million in two or three months, in fact, this is just a digital wealth." At that time, Qixuan will still be crowded into the current small office, and the number of employees will not be much more than now, and more of them will be contracted by external companies, bicycle delivery and bicycle maintenance, which cannot be done by ourselves. To put it bluntly, the company's valuation and wealth are only rich on paper, and it is very difficult to cash out. I bet that starting from the A round, every venture capital institution will require us not to cash out, but to allow the shares to continue to increase in value on this basis until it is suitable for listing. Only at that stage will you be able to truly become a billionaire. ”

Shi Lei was stunned again.

He originally thought that after more than half a year of growth, he had reached a level very close to these second generations, but a series of recent situations have made him more and more able to see the gap between himself and these second generations.

There are still a lot of things that need to be worked on, and Shi Lei is only a little better than the original one.

He may have made great progress in dealing with people, but in the face of capital and career growth, Shi Lei is far from enough.

"Well, I'm fine. However, I only have more than 3 million funds at the moment, and I have a gap of more than 1 million that will not be available until next month. ”

Dong Chiqing laughed and said, "There is no shortage of your more than one million." Although more than 10 million is not much, I also need to inject it from an offshore company to Qixuan, which will take a certain amount of time. My funds will be in place in three days, and as for your funds, according to what you said, they will be in place within a month. No matter what, this 18 million is enough for a second burn for a month. ”

This is purely for Shi Lei's sake, otherwise, if he is replaced by other partners, he will never allow Shi Lei to invest money after a month.

Originally, Shi Lei also thought that if Dong Chiqing did not agree, he could only use the investment gold finger card to give it a try, but fortunately, with a share capital of more than three million, it may not be impossible to turn to five million under the premise that he can be shorted. Now that Dong Chiqing has relented, Shi Lei is not in a hurry.

It's just that the independent funds rewarded by the black card are only 1.5 million, that is to say, Shi Lei actually has a funding gap of 200,000. However, with only 200,000 yuan, it should be easy to do with the help of investing in a cheat card.

Dong Chiqing had a dinner with the education department in the evening, and originally wanted to take Shi Lei to participate in it, but Shi Lei said that it was Dong Chiqing's relationship over there, and he didn't want to get involved too much. Dong Chiqing is also very satisfied with Shi Lei's posture, which is originally a reasonable gesture.

Back at the apartment, Shi Lei looked at the recent stock market, and he had to make up for the gap of 200,000 yuan as soon as possible.

It didn't take much effort, Shi Lei selected two stocks, and after checking them with the investment gold finger card, one of them rose by five points after two days, so that it was actually about the same.

Of course, the market is closed at this time, and Shi Lei can only wait until tomorrow morning to start.

There was a knock on the door, and Shi Lei didn't need to look at it to know that it was Song Miaomiao.

This crazy woman, since the Song family injected 100 million yuan into Wei Xingyue's investment, and she also successfully served as Wei Xingyue's assistant, she stayed in Wudong in a grand manner, and she actually bought a suite in the apartment where Shi Lei lived.

became a neighbor, Song Miaomiao came to bother Shi Lei when she had nothing to do, and Shi Lei was used to it.