It is a common thing for Internet companies to raise funds in the process of development, and it can be said that the vast majority of Internet companies cannot escape financing if they want to develop and grow, or even more than once.

It is precisely because of venture capital financing that some Internet startup teams can create the myth of self-made.

We often hear about a company's first round of financing, second round of financing, Series C and the like, no matter what the name is, each financing has a clear purpose.

No team, no company, maybe it's just an idea from you and your friends, you think the idea is great, you want to implement the idea, but you don't have the money, it's simple, tell the general idea to the venture capital, and the venture capital will invest 1 million to 3 million yuan according to the situation to help the company start. This round of funding is generally referred to as a seed round.

The company was established, the team is basically there, three or five people have been working hard for a while, the product is about to be demo, and the money is almost spent, so you can only take this product that has not yet been demo to find venture capital to continue financing, generally at this time, the choice of financing object is still the venture capital company of the seed round, this round is called angel round, and it is also a round related to the success or failure of entrepreneurship, so venture capital will also be called angel.

After the angel round, the original idea has become a product and began to face the Internet, but there is not much data performance, and it is necessary to raise some money to support the company's continued development.

From the seed round to the pre-A round, it has been melted several times, because every venture capital will not give you much money, after all, you want a product at this time, and there is no user if you have a product.

Then there is the well-known A round of financing, called the first round of financing, this round of products has been launched, the development is good, more funds are needed to support the development of the company, this round of financing amount will be much higher than the previous rounds according to the product situation, many well-known myths of getting rich were born in this round.

B round of financing, the product is widely acclaimed, and the number of users continues to increase, but after the A round of financing is burned, the product still has not found a profit model, and can only continue to finance, and many cautious venture capital companies like to enter in this round.

C round of financing, after the last round of financing, the product found a way to make money, ending the state of only going out and not entering, but it is not enough to support the product, that is to say, the company may still be in a state of loss, this round of financing is theoretically the company's last round of financing, financing a sum of money to insist on the product turning losses into profits, how much this round of financing can be financed depends on talking.

So from the seed round to the C round, there are venture capital payers, and this is how the myth of self-made people comes from.

Of course, if you think that venture capital is doing this to serve the people, then you are stupid, capital is always unprofitable and cannot be early, each round of financing is to cut the flesh on the founder, the cost of equity financing is the highest, with a round of financing, the founder's shares are slowly diluted, and finally the founder is kicked out of the hard-working products to make a wedding dress for the venture capital is not nothing.

Relying on the cash cow of Aihua Supermarket, the campus network skipped the seed round and the A round of financing, so now the shares of the campus network are still in the hands of the founding team.

The shares of Aihua Technology are simple and clear, Wang Haoran is the company's largest shareholder, accounting for 80% of the shares, Xu Mingwen 10%, Lu Jing 5%, Liu Wenwen 5%.

Aihua Technology's upcoming round of financing is the B round of financing, and it is also the favorite round of financing of many venture capitalists, because this round of financing does not have a blind situation, the difference is to earn more and earn less.

So when the news of Aihua Technology's intention to raise funds came out, Xu Mingwen received a soft hand on the phone during this time.

Xu Mingwen put down the phone and said to Wang Haoran: "Dale Smith." ”

Wang Haoran put down the mouse in his hand, stretched his waist, smiled and said, "Another shark that smells the smell, why do you have to communicate in English?"

Xu Mingwen said with some excitement: "The executive vice president of Morgan Stanley Greater China has made several calls to me in the past two days. ”

Wang Haoran smiled: "Yo, have we all attracted the attention of the Yankees?"

Xu Mingwen said: "It is not surprising that Morgan Stanley has set its sights on China since the nineties of the last century, and many domestic giants have Morgan Stanley's figure behind the financing and listing, and I have specially understood that China Telecom, China Unicom, and Sinopec's IPO have cooperated with Morgan Stanley, and now they are also focusing on the Internet." ”

The office area is too small, Wang Haoran stood up and moved his body, as a hands-off shopkeeper, when he rented it, he did not assign an office to Wang Haoran, but Wang Haoran filled in a computer opposite Xu Mingwen's desk, and during this time, he shared an office with Xu Mingwen.

Morgan Stanley's abbreviation Da Mo is as famous in the investment industry as IDG, Softbank, and Sequoia, and Wang Haoran knew in his previous life, "In addition to them, there should be other venture capitalists interested in us, right?"

Xu Mingwen opened the information on the computer, looked at it and said: "There are many venture capitalists who are interested in us, at home and abroad, there are more than 20 large and small venture capital companies, I estimate that there should be more than a dozen of them who simply treat us as fools, among which Sun Zhengyi, chairman of SoftBank in the island country, contacted me twice, saying that he was very interested in us and wanted to meet and talk with us." ”

Wang Haoran thought for a while and said: "In this way, you put our initial financing plan into these people, and then send an invitation to these people, just say that we will hold a press conference this Friday, and this round of financing will be finalized after the press conference." ”

Xu Mingwen nodded, "There are two days left on Friday, will it be a bit rushed? Where is the press conference held? Do you need to invite the media?"

Wang Haoran said: "There is nothing rushed, we have revealed the news of financing for half a month, and the venture capital that is really interested must have checked us to the bottom, you can look at the location of the press conference, just rent a similar hotel, anyway, no one is here to eat, the media does not need to be deliberately invited, welcome to come, it doesn't matter if you don't come." ”

Xu Mingwen felt that it was a bit stupid to ask where the press conference would be held, the company couldn't even stand still, where could it be held if it wasn't outside?

Recently, I was too tired to talk to venture capitalists all day long, and I didn't use my mind to speak, so when I thought of this, I said: "Then you will go back then, I can't do it alone!"

Wang Haoran nodded, "Well, don't worry, I will come forward when the time comes." ”

After discussing the matter, the office fell silent.