Chapter 162 Launch of Series A financing
Fang Ping thought for a long time before he said, "That's it!" The time is set for five days, and you will go down in the name of Future Technology to officially send an invitation letter to investment banks at home and abroad who are interested in our Future Technology! ”
"Okay, I'll arrange it right away!"
Su Xiaoxiao nodded and left Fang Ping's office.
Fang Ping also continued to get busy.
A day later, according to Fang Ping's requirements, Su Xiaoxiao officially issued a Series A financing invitation letter to domestic and foreign investment banks in the name of Future Technology.
This invitation, like a depth charge, detonated in the entire investment banking circle, causing a boil.
It has even spread from the investment banking circle to the Internet industry.
Almost all employees in the Internet industry know that there has been no financing, relying on their own funds, step by step to the position of social giants, and even become the first domestic future technology to go abroad to be financed.
They all know very well that the A round of financing of Future Technology will definitely become the largest financing case in the history of the domestic Internet.
This makes them envious, but also a little curious, how much money can be raised in the A round of financing of Future Technology, is it more than 20 billion US dollars rumored by the outside world, or more!
Compared with the curiosity of practitioners in the Internet industry, the investment banking circle is crying, this future technology is finally willing to raise funds.
And we were finally able to follow aboard the boat and eat meat and soup.
While crying with joy in the investment banking circle, large and small limelight companies have taken action, domestic venture capital to the magic capital, and foreign venture capital to China.
All of them moved quickly, for fear that they would not be able to catch up and miss the opportunity.
Of course, they also know that the reason why Future Technology launched Series A financing is not because of lack of money, but because of the selection of partners. Therefore, many venture capitalists did not expect to get the lead position in the A round of financing of Future Technology.
are aimed at the co-investment of the A round of financing of Future Technology.
The conditions for co-investment are relatively relaxed, as long as you agree with the valuation given by Future Technology, have a certain strength, and are willing to pay.
In these years, who is in the venture capital circle, who does not have much strength.
Gradually, over time.
The day of Future Technology's Series A financing is here.
Because of the large number of people who came to participate in the A round of financing of Future Technology, Fang Ping did not choose to talk in the conference room of Future Technology's office area, but arranged it in the conference center of a five-star hotel.
On this day, Fang Ping came out of school early, and came to the parking lot of the conference center of the star-rated hotel under the greeting of Su Xiaoxiao's car.
"Brother Fang Ping, you are here!"
Fang Ping had just gotten out of the car when two familiar figures approached him.
Fang Ping saw that it was none other than Wang Hong and Xu Dewen of the Huashang Group.
couldn't help but be surprised: "Brother Wang, Brother Xu, why are you here?" ”
"I'm here to play with Lao Wang!"
Xu Dewen smiled and said: "Besides, the future technology will launch a round of financing, such a big scene is really not to be missed." ”
Fang Ping said modestly: "Brother Xu said that he was joking, it was just a financing case, it was not a big scene!" ”
"Brother Fang Ping, you are humble. Future Technology's Series A financing can be said to be highly anticipated! There are hundreds of large and small venture capital companies that come today! ”
On the side, Wang Hong shook his head and said: "Among them, almost all of the top ten international venture capital companies are here!" ”
"This kind of grand occasion is the first time in the history of domestic venture capital!"
Fang Ping was stunned: "Are there so many here?" I remember that there were only about 20 invitations we sent out! ”
"Fang Ping, do you really not know, or do you pretend not to know? Now in the venture capital circle, who doesn't know that future technology is a sweet spot, and who doesn't want to take a bite. ”
Xu Dewen rolled his eyes, glanced at Wang Hong, and joked again: "Don't you see that Lao Wang is already in a hurry!" ”
The corners of Fang Ping and Su Xiaoxiao's mouths twitched, they wanted to laugh but it was not suitable to laugh, they both endured it, it was extremely uncomfortable.
However, Wang Hong didn't care at all, but said with concern: "Brother Fang Ping, how many shares are you going to give up this time, and what is the estimated low price in your heart?" ”
"Uh..."Fang Ping hesitated.
Wang Hong thought that Fang Ping was reluctant to say it, so he hurriedly said: "Of course, if you don't want to say it, it doesn't matter." I'll find out later! ”
"Uh, there's nothing you can't say!"
Fang Ping saw the nervousness on Wang Hong's face, shook his head and said, "This time I am ready to transfer twenty percent of the shares." The lowest estimated price is at least $38 billion! ”
"Shhhh So much? ”
Wang Hong took a breath of cold air and said in some surprise.
He remembered that the last time he asked Fang Ping to invest in Future Technology, the valuation was still 18 billion.
It's only been a long time, and the valuation has almost doubled.
And the unit is still calculated in American knives.
Such a big increase can simply scare people to death.
Xu Dewen also secretly smacked his tongue, even if his family's assets are growing, but no company's assets can grow as rapidly as future technology!
Money printing is not as fast as the growth of technology assets in the future.
Fang Ping shook his head: "It's not much, there are more than 200 million users of Future Technology in China." The international version of the user has also reached 130 million, and starting from the United States, radiating to neighboring countries, the number of users is still growing rapidly. ”
"The international version of Happy Farm has a daily turnover of 70 million US dollars. Eighty percent activity. ”
"In the future, the number of registered paying users has also exceeded 100 million, nearly more than 200 million."
"Brother Fang Ping, I'm convinced! When it comes to making money, I'm afraid there is no one in this world who can compare to you! Wang Hong was stunned and sighed.
Fang Ping smiled and changed the topic: "Brother Wang, how much are you going to vote today?" ”
"Ahem, I'll take a look first, take a look first!" The corners of Wang Hong's mouth twitched and he smiled awkwardly.
He didn't expect the Huashang Group behind him to lead the investment, but only stared at the co-investment position, contributed some money, and occupied a little stake in Future Technology.
But now listening to Fang Ping's mouth, the valuation is more than 30 billion US dollars, according to the proportion of 20% of the shares, the financing amount is more than 7 billion US dollars.
He was worried that his little money would be enough to participate in financing.
Especially today, there are hundreds of venture capitalists, and the competitive pressure is even more terrifying.
Fang Ping raised his eyebrows, probably understood what Wang Hong meant, saw through it or not, and smiled: "Well, then let's go over together!" Don't let those God of Wealth wait too long! ”
Wang Hong and the others nodded, greeted Fang Ping together, and walked towards the conference center.
Not long after, Fang Ping and his party came to the conference center.
Sure enough, as soon as Fang Ping walked into the conference center, he saw hundreds of people sitting in the conference center, and he was glad that the financing location was placed in this conference center, and he believed that Wang Hong said that hundreds of venture capital institutions had come.
"The people of the future technology are coming!"
At this moment, I don't know who shouted, almost everyone in the venue looked back at Fang Ping and his party, and greeted them one after another.
Fang Ping watched the crowd surge, and his scalp was numb, but he still maintained a smile on his face, and took Su Xiaoxiao and others to step forward, and greeted and greeted representatives of various venture capital companies.
After a round of greetings, Fang Ping and Su Xiaoxiao said goodbye to Wang Hong and the others, walked straight to the front of the conference center, and met with the staff of Future Technology.
Soon, the time was almost up, and Fang Ping walked up to the main and table.
Future Technology's Series A financing officially began.