Episode 40 The Next Legend 1

How important is Jun Mo's participation in variety shows to 'Donkey in the Rivers and Lakes'? Looking at Wang Lei, the reactions of Haiyan and Tao Ye are clear - two days before the show was recorded, they rushed to Shanghai together to cheer up Jun Mo. Pen | fun | pavilion www. biquge。 info

In fact, after more than a month of preparation, Jun Mo has predicted and sorted out the questions that the host and investors may raise, and when several partners came to the office, the four of them also did several rehearsals on the program process.

"Jun Mo, judging from our drills, I think there should be no big problem for the 'Donkey in the Jianghu' project to be approved by the program team, but is it really good for you to price 5% of the shares for 5 million?

Although Tuma's valuation of the platform at 10 million is a bit lower, but now that you suddenly raise the price to this extent, aren't you afraid that investors will be disgusted by our lion's big mouth? ”

Wang Lei is a typical technology nerd, and he has never interfered in daily platform operation and capital management. But if it really involves a big decision, he, a major shareholder, will not stay out of the matter, respecting Jun Mo's advice is one thing, blindly following is another!

In fact, Jun Mo originally wanted to make a clear question about this problem. It's just that he was too involved in the drill just now, and Haiyan and Tao Ye were also calm when they heard this financing request, so he ignored this detail. Now that Wang Lei has doubts, he naturally has to explain clearly:

"Making the financing offer higher in the show is actually beneficial to both the investor and the project party, and this skill is also taught to me by Mr. Peng.

The reason is very simple: if the investor in the program is interested in the project, it will definitely sign a letter of intent with the person in charge on the spot after the project roadshow.

What is the intention of cooperation, that is, when the cooperation is confirmed, the details must be renegotiated.

In other words, the financing intentions in the show do not necessarily have to be exactly the same as the final contract. Asking for a price and paying back the money on the ground is a natural truth in business dealings.

In addition, the valuation of the project is higher within a reasonable range, which is also convenient for the capital market to speculate on it in the future, and the equity value of our platform is seriously undervalued, so it is not too much to price 5% of the shares of 'Donkey in the Jianghu' for 5 million! ”

Haiyan and Tao Ye have been starting businesses for more than 5≦5≦5≦5 ≦, m.≈.co≧m years, and have long understood this kind of unspoken rules. What they are worried about is another thing: whether to bring up the matter of 'donkey in the rivers and lakes' signing a gambling agreement on the show!

Haiyan's advice is to mention:

Since the purpose of participating in the show is to find investment, it is natural to be clear about the main problems faced by the company. This matter has a crucial impact on the decision-making of investors, and if this matter is made clear in the program, as long as there are still investors who still choose to keep the light, then the chance of everyone being able to successfully cooperate in the end will be much greater.

Tao Ye's suggestion is the opposite:

The 'VAM agreement' is related to the ownership of the controlling stake, and under the premise that investors do not have an in-depth understanding of the 'donkey in the rivers and lakes', who would be willing to spend money to carry a sedan chair for a project with an uncertain future?

The transfer of 5% of the shares is actually an introduction, and normally speaking, the capital market is unlikely to spend too much money and energy on this proportion of shares in start-up companies. Therefore, after the intention agreement is signed, the holding ratio and investment amount must be renegotiated!

Jun Mo can have the opportunity to be on the show, which itself has great benefits to the brand promotion of 'Donkey in the Rivers and Lakes', even if the final financing is not successful, this advertisement can also play a role in publicity. Since success or failure is a win, why do you have to gamble on the company's weakest weakness to show the public?

For this question, Jun Mo did not think about it, and also asked Mr. Peng for advice, when Haiyan and Tao Ye spread out their thoughts, he also repeated Mr. Peng's answer at that time, Mr. Peng:

"The investors in the program group are all leaders in the industry, but no matter how strong their ability is, it is impossible to understand each project very thoroughly in one or two minutes.

At this time, when everyone chooses whether to invest in this project, the project itself can only be used as an important reference factor for their decision-making, and may not necessarily play a decisive role!

Another important factor to consider is the project leader, if this person can fully demonstrate their abilities during the project roadshow, and at the same time can earn their trust, the chances of success will be much higher.

It's not terrible to have difficulties in the process of starting a business, as long as you can clarify what the difficulties are? Just know how to fix it. What investors are really afraid of is that they do not understand these problems and difficulties, so they cannot judge whether they have the ability to control the project.

Since the problem must be solved, it is good to face it bravely! Strong self-confidence will also move the people around you, especially on the stage, this effect is especially prominent!

Therefore, my suggestion is to make this question clear, just grasp the timing a little, and try to drag the problem to the end! ”

******

On the afternoon of October 15, 015, the exciting moment finally came, Wang Lei, Haiyan, and Tao Ye accompanied Jun Mo to the studio hall of Modu Satellite TV, and when they heard the director start for a few seconds, the three of them patted Jun Mo's shoulder in turn, and then retreated together.

Hello everyone, and welcome to Modu TV. This is the recording site of the venture capital program 'Looking for the Next Legend', and I am the host Dae!

Here is a grand introduction to today's guests, 6 senior executives of investment companies!

found a very interesting question, although the guests here today have a large age span, there is a representative for each age group after 65, 70, 75, 80, 85, and 90. Was this deliberately arranged by the director team? Since this is the case, then I will introduce investors to you in turn according to the principle of giving priority to the elderly:

Mr. Wong Ka Ho is a partner of SoftBank Emgrand Investment

Ms. Ge Wei, Chairman and > of Huawen Investment

Mr. Zhang Yacheng is the managing director of Dongchuan Capital

Ms. Li Siyu is an executive director of Hope Island Financial Services Limited

Ms. Wang Yating > Qihui Media Limited

Mr. Zhou Haoyang, Chairman and > of 90 Capital

As the moderator, I am very honored to share the stage with all the business elites to witness the rise of future business legends. Let's briefly introduce the rules of the program:

The first part is a 60-second roadshow, and the person in charge of the entrepreneurial project will have 60 seconds to explain the project backstage of the program. If the guests are not interested in the project, they can turn off the lights, and when the number of lights left is greater than or equal to four, the contestants will have the opportunity to come to the stage to communicate with investors in depth.

The second link is the face-to-face meeting of venture capital, where investors ask questions and contestants answer!

The third link is the reversal of rights, where the contestants choose two from the investors who keep the light, and then they can make requests to the investors.

The fourth step is to select investors!

Well, let's start today's first entrepreneurial project 'Donkey in the Rivers and Lakes' 60-second roadshow!