Fortunately, this is only a preliminary talk about whether you can cooperate and the premise of cooperation, without Song Ru he can deal with it himself, these words are a meaning, whether you can cooperate depends on whether you can show enough sincerity.

Since McGovern, the founder of IDG, has personally stepped in, Jiang Yizhou can also feel the other party's ambition.

"I hear you've come up with a new plan? I wonder if you can show me something? McGovern didn't answer, but changed the subject, referring to Jiang Yizhou's latest social networking plan.

He was quite interested in this, and heard very good comments from some of his peers.

"Of course, Mr. McGovern, it's my pleasure!" Jiang Yizhou is bragging now, but he is not timid at all, even if those products are now he doesn't know if the people who wrote them have been recruited.

The reason why Jiang Yizhou broke away from the original plan of simply making QAIM bigger and stronger and then selling it for a good price, and then becoming an angel investor, is because he found that it was a good idea to really want to maximize the profits of these products he created, and to bring up social networks early.

The biggest use of instant messaging is an Internet entrance with strong user stickiness, but without a variety of content products around the follow-up, its value cannot be reflected, and in the end it can only decline like the original ICQ.

Although I don't know if this product will survive in the United States, how do you know if you don't try it?

And nothing has been made yet, but with a plan, at most a few PPTs, the valuation may be doubled, why not, anyway, as long as it is not the last taker, the investment will not be lost.

The original ICQ, a thin piece of software can sell for 287 million US dollars, and with such a complete set of social networks, Jiang Yizhou feels that he has to double it no matter what.

"What a great young man, I'm more interested in investing in you now, I remember you're only 18 years old," McGovern heard his complete plan from Jiang Yizhou personally this time, and felt that he had indeed come to the right place.

He and Xiong Xiaoge summed up the contracts they had signed before, and I have to say that the one million dollars was a considerable risk at the time, but now it seems that they have indeed picked up a big bargain, if the plan proposed by Jiang Yizhou is indeed feasible, there is no problem with valuing the entire company at hundreds of millions of dollars.

The only question is what about the next financing? First of all, does the 40% stake belonging to IDG China need to increase its capital in the same proportion? In this financing, can IDG, the IDG on the US side, participate in it?

But in the current state, presumably this little guy can't wait to dilute this 40%, and dilute so much in the first round, even if it is a helpless choice, it does not prevent him from looking at himself unpleasantly.

If the second round of financing is completed, Jiang Yizhou's stake will drop to less than 50%, making him unable to develop the company with peace of mind, which every investor does not want to see, and the importance of the founder to a start-up is self-evident.

"I heard that QIM was originally released in China, why did it move to the United States?" McGovern continued to greet Jiang Yizhou, asking questions curiously.

"Volume, because in the global Internet market, at present, only the market in the United States is large enough to feed social products, and the value of social products is proportional to the square of the number of users,"

Jiang Yizhou calmly explained, "At present, in China, even if every netizen registers for QIM, it is only a volume of 100,000 levels, but in the United States, it took me three months to reach the million level, and it will grow even more every month!" ”

The more the three of them chatted, the more cheerful they became, and in the end, McGovern finally said his thoughts, "IDG China will sell part of the shares due to performance reasons, 5% before financing, and this part of the funds will be pledged to you with your shares, and I hope to get 15% of the financing line, led by IDG, 15 million US dollars!" ”

Jiang Yizhou was shocked by McGovern's generosity, financing and bonds, these are two different concepts, both believe that the invested company has profitability and repayment ability, but bond investors are far less profitable than financing, especially companies like Arumes, which are even more sure.

He made a rough calculation, after such financing, he still holds about 55% of the shares, as for why IDG used his 5% in exchange for the lead right of this financing?

Jiang Yizhou is just a small guess, maybe it is indeed as he said, performance, IDG China's performance, because there is no successful investment and exit performance, even if it sells 5% of the shares of Arumes through mortgage, it is also a brilliant performance.

It is indeed a little taken for granted, but Jiang Yizhou lacks a sufficiently smooth source of information, so he can only think of this.

According to McGovern, the valuation of $100 million is already an amount that he is willing to accept, because the company really has no money, even if it does not have the 5% condition, it is the highest bid compared to other venture capital.

Is it really good to go straight out so high? Jiang Yizhou was a little unhappy, which was really exciting, but the price of a dollar was not competitive, and it was really not much fun.

"Mr. McGovern, it's a pleasure to work with, but we still need to communicate well in terms of details!" Jiang Yizhou stretched out his hand with some excitement.

McGovern also warmly shook Jiang Yizhou's hand, "Of course, I am very optimistic about your future, and it is worth my investment!" ”

Xiong Xiaoge also applauded on the side, today he witnessed a company with a valuation of hundreds of millions of dollars, all of which came from this young man who had just become an adult, it was really emotional, whether he was old.

……

"You mean a $100 million valuation?" Song Ru is also a little excited, in Silicon Valley, everyone hopes that one day they can soar to the sky and become a member of the NASDAQ or NYSE to ring the bell.

The founder is only Jiang Yizhou, and she is very likely to stand on that stage, anyway, from being deceived home by her parents, a little discouraged, to accidentally coming to Jiang Yizhou, and then managing a company with a bright future, and growing together with it, I can only sigh the impermanence of fate.

If I hadn't resigned and returned to China, I probably wouldn't have encountered such a good opportunity to meet this freak.

"By the way, talk to them slowly, as long as you get the financing before the end of March, and maybe the valuation can go up again!" Jiang Yizhou is very relaxed, sitting on the single sofa, relaxing all over, so comfortable!

"I know, I'll do it right away!" She didn't dare to agree with Jiang Yizhou's slow talk, because there was really not much money in the account, and if this was the case, she might not be able to get the money for the mid-month salary, and things were not as optimistic as Jiang Yizhou imagined.