"Mr. Xue was able to invest $1 million in Autohome, and it seems that he is very optimistic about the development prospects of Autohome!" Mu Qizhong said after listening to Li Xiang's words.

"I don't see the prospect of Autohome, I invest in Xiao Li" Xue Manzi waved his hand at Mu Qizhong and said, "A few days ago, Xiao Li gave me his Autohome plan. To be honest, at first, I thought that many websites had similar car sections like Autohome. Autohome specializes in car websites, and there is no other profit model except advertising, so I feel that there is no development prospect. Later, Xiao Li told me that 99 percent of the people who read car websites in the country are laymen. Autohome, on the other hand, is a website for laymen, not a professional car website, it is just a gathering place for car enthusiasts. After hearing this, I decided to invest in Autohome."

Hearing that Xue Manzi planned to invest because he valued himself, Li Xiang was a little moved, and his heart was more inclined to choose Xue Manzi as his partner.

"Papapa" Mou Qizhong clapped his palms and praised: "Mr. Xue's vision is good, and Mr. Li is indeed a partner worthy of investment." Of course, Autohome is also a good internet project"

After speaking, Mu Qizhong looked at Li Xiang and said: "Mr. Li, we already know the reasons and requirements for Xue's total investment in Autohome, do you also need to tell us about your financing requirements now, and where is the bottom line for selling shares?"

"Yes, Mr. Li, you should also tell me, how many shares do you plan to sell this time, and how much financing?" Chen Haipeng looked at Li Xiang from the side and asked with some dissatisfaction.

Li Xiang saw that Mu Qizhong and Chen Haipeng were both looking at him, coughed lightly and said:

"This time, I plan to sell 50% of Autohome's shares and raise $5 million."

"I'll subscribe for one million here" Xue Manzi heard this, raised his hand, and announced his existence.

Mu Qizhong and Chen Haipeng glanced at each other and nodded.

Mou Qizhong looked at Li Xiang and asked, "Mr. Li plans to raise $500, I don't know if you can accept a $1,000 business?" Our Epoch Ventures can invest $10 million, accounting for only 80% of Autohome's shares."

Li Xiang was a little surprised when he heard Mu Qizhong's words, Huaguo's Internet market had just opened, and everything was still in the exploration stage.

Investing in the Internet industry can be said to be a very risky behavior. It is rare for an investment company to invest so much in an Internet company before it has made a difference.

Many professional investment companies wait until other companies begin to make stable profits before spending huge sums of money to acquire or take a controlling stake.

Within a few days of the first days of Autohome, Epoch Ventures invested heavily to acquire most of the shares of Autohome, which is obviously something that only lay investors do.

Xue Manzi listened to Mu Qizhong's words, and looked at Chen Haipeng and Mu Qizhong like fools.

"Mr. Mu, are you serious?" asked Li Xiang in disbelief.

Now ideal, not long after graduating from high school, he has not seen so much money, and when he heard that the Autohome website he just developed could sell for 100 billion US dollars, Li Xiang felt dizzy.

Chen Haipeng nodded at Li Xiang, knocked on the table with his hand, and said:

"Of course it's true, I don't know, Mr. Li, do you think it's okay?"

Li Xiang didn't answer immediately when he heard this, but looked at Xue Manzi.

Xue Manzi nodded at Li Xiang.

Li Xiang received Xue Manzi's signal, nodded, and said, "You can consider it, but I don't know how you will manage the company after you acquire most of the shares of Autohome?"

Although Li Xiang also wants to package Autohome and sell it to Epoch Ventures, and then take the money he gets to do something else. However, Li Xiang still cares about the development of the company that has worked hard for him.

"We at Anno Ventures are only responsible for the acquisition, and the specific management is still managed by the management of your original company. At most, we have a few non-executive directors and a financial controller. Before the company goes public, we can also take out another part of the shares for rewards," Chen Haipeng shook his head and said.

"Alright then, I see. We'll talk about it today, and as for the follow-up signing, I plan to talk about it in a few days," Li Xiang said.

Li Xiang felt that his mind was in a mess, and he planned to have a good exchange with Xue Manzi and ask him if he wanted to agree to Epoch Ventures and sell 80% of his shares in Autohome for $10 million.

Mu Qizhong and Chen Haipeng also knew that the negotiation could not be completed overnight, and it would definitely take a few more days, so they nodded at Li Xiang and said, "Then you discuss it as soon as possible and give us an answer at any time."

Out of the meeting, Li Xiang and Xue Manzi sent Mu Qizhong and Chen Haipeng out of the building.

When they watched the car that Mu Qizhong and Chen Haipeng were riding in go away, Xue Manzi and Li Xiang returned to the office again.

"Why did Mr. Xue just let me sell the Autohome in my hand, and it was still 80 percent of the shares?" Li Xiang asked Xue Manzi as soon as he entered the office.

"I asked you to agree to sell, one is that the price offered is very reasonable, and you are now short of money. Xue Manzi said: "Another reason is that Internet investment is very risky. Many of today's Internet companies are struggling with difficulties. Do you dare to say that you think Autohome will definitely succeed, and since the other party can invest in you and continue to appoint your original management team, why don't you accept it? The biggest loss is just a few hundred million dollars in a few years."

What Li Xiang didn't know was that the hundreds of millions that Xue Manzi said would become five billion in ten years, and it would be US dollars. If Lee wanted to know, I don't know if he would regret it.

Li thought about it for a while, felt that what Xue Manzi said was very reasonable, nodded and said:

"Then Mr. Xue, do you think it's necessary for me to increase the financing amount?"

"Increase the financing amount?" Xue Manzi asked with some confusion.

"That is, to increase the valuation of Autohome," Li Xiang said with some embarrassment.

"No, since you have an intention, it's best not to change the amount at will, otherwise it is likely to disrupt this financing" Xue Manzi said: "And business negotiations are also very taboo to sit on the ground." If you have a bad reputation for liking to sit on the ground and start the price, you will be able to do other projects in the future, and it will be much more difficult to raise funds."

In fact, what Xue Manzi thought in his heart was: "If you ask you to temporarily increase the financing amount for the people of Era Venture Capital this time, you will definitely increase the amount for me next time."

In the final analysis, Xue Manzi is still a businessman, and he invested in Autohome in order to have rich returns in the future.

Today, agreeing to invest in Autohome, Xue Manzi is not kind. He just couldn't see the future of Autohome, so he only invested $1 million. Now there is an investment company that can provide financial support to Autohome, so that Autohome can go public ahead of schedule and reduce its investment risk.

As a businessman, how could Xue Manzi disagree, in the final analysis, angel investors are also businessmen.