Every time he thinks of this first venture capital fund from Zhao Zejun, oh no, strictly speaking, it should be called angel funds, Chen Wei has a very unreal feeling.

It seems that a poor man lost all his net worth in the casino just now, and suddenly a bag of 100 yuan bills fell from the sky and smashed in front of him.

Just half a year ago, he left Alibaba, and with him the head of Alibaba's B2B Capital Region business - not because Alibaba is bad, but because they are ready to start a business together.

The changes and progress brought to society by a top group company like Alibaba are multifaceted. For example, talents, Alibaba, Baidu, Zelianke, these Internet companies, just like Shaolin and Wudang on the rivers and lakes, have a foundation of exercises far beyond ordinary small sects, and continue to deliver outstanding talents to this rivers and lakes.

The ability is there, but the money is limited. He and Wang Gang, both of whom are ten-year veteran employees of Ali and middle-level cadres, add them together, let's get together and start a business project with 800,000 yuan: mobile phone taxi service.

Before starting their business, Chen Wei and Wang Gang carefully discussed the feasibility of the project.

It is difficult to take a taxi in China, which is the mainstream rigid demand of the public; there is a similar model abroad, the British taxi app Hailo has just received financing, and the direction seems to be feasible, but it cannot be completely copied; with the arrival of the mobile Internet, mobile phones are becoming more and more important.

In the past, it was Internet +, but now it is doing it, smart phone +, which is on the cusp.

The point is that this industry does not have a big climate in China, and although there are many competitors, most of them are regional. For example, the capital's industry boss, shaking and calling cars, is nothing more than occupying the market in an urban area.

This is an industry that is very suitable for entrepreneurs who don't have much capital to get involved in, and there are no predators.

However, this kind of industry that is interconnected with entities, at the initial stage, must burn money, and just promoting the APP is a lot of money. The 800,000 he made up was barely until the client was developed, and it cost him seventy-seven-eighty-eight.

After the software is done and put on the market, the next step is to find venture capital investment.

Chen Wei and Wang Gang are all from Alibaba, especially Wang Gang, who can be regarded as a regional high-level cadre, and has certain connections in the industry.

Wang Gang's connections are indeed extensive, and almost all the mainstream VCs in China can be online, who knows that after looking around, after the other party watched their demo APP, there was no follow-up.

The venture capital they demanded was also reduced from $5 million to $500,000, and last month the company's funds were completely cut off, and in the most difficult time, even as long as 1 million yuan, they could exchange a large number of shares in the company, but there was still no institution willing to pay.

Almost at the moment of despair, Zhao Zejun of Zelianke, the gods generally appeared in front of them.

Chen Wei can still clearly remember the feeling of seeing Zhao Zejun for the first time in his humble office: in his eyes, the other party is a golden Buddha statue.

The other party took the initiative to come to the door and promised to be willing to inject capital into Xiaotang Technology.

Zelianke, Zhao Zejun, is not at all Wang Gang, Chen Wei this level of entrepreneurs can come into contact with the figures, in their imagination, Zelianke Investment and Development Division of Qiao Xinyun are all characters on the cloud, but did not expect Zhao Zejun not only to come to the door in person, but also to stay in the capital, and they chatted for a whole week, from the investment itself, to the future development direction and model of online car-hailing, especially the latter, for the two of them who have just glimpsed the door, it is very inspiring.

Today is the day the contract is signed.

The company has no money, there are almost no administrative positions, and the work of the secretary is all undertaken by CEO Wang Wei himself, and he transferred the contract out and printed it, and reviewed it for the last time before Zhao Zejun came.

The most important clause in the contract is the amount of financing.

Xiaotang Technology carried out the first round of financing, and Zelianke injected 1 million US dollars in exchange for 40% of the equity of Xiaotang Technology.

To find an investor like Zelianke is not only money, but also the huge strategic significance that is difficult to measure with money, which is of course overjoyed. But when he saw the figure of one million dollars again, Wang Wei still had some indescribable feelings in his heart.

How to say, if there is no money, the funds of Xiaoorange Technology have bottomed out, and they can't hold on at all, this fund is life-saving money, after injection, it can not only maintain the normal operation of the company, but also enable the company to have more abundant funds, and the local rocking taxi to compete head-on.

However, there is still a long way to go from the original assumption. At the beginning of the business, Chen Wei and Wang Gang's estimate was 5 million US dollars, about 30% to 40% of the equity, and later as the contact of various venture capitals continued to be hit, this psychological expectation also continued to decline.

In any case, 1 million US dollars, 40% equity, still made him feel a little uncomfortable.

It's not that it's not a problem of lack of greed, but in the early stage of entrepreneurship, there is some expectation that the demand for future market burning money is insufficient, and one million dollars may not last long.

Chen Wei hesitated for a moment, today Zhao Zejun is here, let's talk to him seriously, I hope not to leave a bad impression on the other party.

Said Cao Cao, Cao Cao said.

Chen Wei welcomed Zhao Zejun and Qiao Xinyun, who came with him, into the office very enthusiastically, and as usual, began to talk about the online taxi industry, and talked endlessly for almost half an hour.

"Mr. Chen......" Qiao Xinyun looked at his watch and said with a smile: "We came to sign a contract today, don't you think?"

"Oh, yes, yes, yes. Chen Wei nodded suddenly, but did not move.

Zhao Zejun rolled his eyelids, looked at Chen Wei, and asked with a smile: "Mr. Chen, do you have any other ideas, or do you think it is inappropriate for us to negotiate the conditions before?" It doesn't matter, now that the contract has not been signed, anything can be discussed." ”

"Mr. Zhao's eyes are like torches, so I won't hide it. It has already been negotiated, but it is really embarrassing to talk about it at this time. Chen Wei politely said a few words and told Zhao Zejun his true thoughts.

It is hoped that the other party will increase the investment or reduce the equity requirement. It is better to invest more.

"Oh, how much?" Zhao Zejun asked.

Chen Wei hesitated and quoted a number: "One and a half million US dollars." After saying that, even he was a little embarrassed, which was equivalent to raising the original price by half.

How do you know that Zhao Zejun only thought about it for a few seconds, then nodded and said, "Yes." In this way, Mr. Chen, we will make a final decision, 40% of the equity, and I will take two million US dollars. ”

Chen Wei was prepared for Zhao Zejun's counteroffer, and even directly refused, he was stunned when he heard this, how can this be said, only the seller increases the price and the buyer counteroffers, how can there be buyers and sellers who increase the price at the same time?

Zhao Zejun is so optimistic about the prospects of the online taxi market?

"Of course, I have a few conditions. Zhao Zejun said with a smile.