Chapter 020: Greater Advantage, Compromise? Inexistent!
There is a standard in the investment circle, the so-called "unicorn" enterprise refers to the company established within 10 years, valued at more than 1 billion US dollars, has received private equity investment and has not yet been listed, as a representative of explosive growth, "unicorn" enterprises are considered to be the concentrated embodiment of scientific and technological innovation.
Shoreline Technology has shown a potential of more than $1 billion, and the valuation of tens of billions of dollars is even conservative, and it is clear that this is a super unicorn company.
However, this is only to illustrate the potential, no matter how high the valuation is, but the essence is virtual, Coastline Technology is still a start-up, without any profitable projects, basically in the early stage of burning money.
In the early stage of start-up technology companies, they are basically in such a state.
As a seed round investment, this is an angel investment, 200 million US dollars is an astronomical amount, and few start-up technology companies can get 200 million US dollars in seed round investment, and the investor only obtains 20% of the shares.
But then again, the prospect of coastline technology is also quite amazing, the value is almost within reach, and capital is naturally profit-seeking, and the essence is greedy. IDG Ventures' move is definitely not because there is too much money to spend, but because he knows very well that he can't eat it alone and hasn't thought so, but obviously hopes to get the biggest share of this cake.
According to the speed of burning money of technology companies, it will not take long to carry out Series A, Series B, and Series C financing.
After several rounds of financing, IDG Ventures may have more than 30% of the shares of Coastline Technology, becoming the second largest shareholder after the founder, and even the largest shareholder is very likely.
The founders of the world's most famous tech giants can hold very few shares of more than 20%.
However, Shen Taoli obviously underestimated Ye Hua's ability and strong desire to control, if it wasn't for that adventure, Ye Hua founded Coastline Technology and developed holographic technology, maybe he would compromise with capital and bow down.
But as a man with golden thighs, a big advantage over the sky, compromise? Inexistent!
has mastered the core technology, without financial support, it is a big deal to start little by little, and have the ability to develop technology by himself, Ye Hua has even thought about it, once he is resisted, it is a big deal to open a private theater himself, and he is worried about not being able to make a profit with his holographic technology?
Opening a private theater is only a matter of several million, and this money Yehua can still come out.
It's not that there are no companies that succeed without compromising with capital, and the living can still be suffocated to death by urine, Ye Hua is a head iron baby, and the first iron is the master who will not look back after breaking through the south wall.
Putting away the thoughts in his heart, Ye Hua pretended to be stunned and exclaimed: "200 million US dollars, more than 100 million soft sister coins, how can so much money be spent." ”
Shen Taoli was stunned in his heart, and shouted in his heart that he had lost a lot, he would have opened 100 million US dollars if he knew it, no, 100 million soft sister coins would be fine. I saw Ye Hua talking about it at the exhibition before, and his words and deeds have a kind of taste of science and technology masters, but now it seems that he is looking at it highly.
Since the words have been opened, they can't be taken back, but Shen Taoli has doubled his confidence, and suddenly smiled: "Hehe, Mr. Ye, this is the embodiment of IDG's sincerity, although 200 million US dollars is not a small amount, but most of the technology companies burned a lot of money during the start-up, and it was not a lot...... Well, your company agrees. ”
Shen Taoli sat back and waited for the other party to nod and respond, but Ye Hua said euphemistically: "I'm sorry Mr. Shen, Coastline Technology has no tendency to raise external financing for the time being." ”
"Well, then let's go next...... What the? Shen Taoli didn't have time to react, and when he came back to his senses, he suddenly looked at Ye Hua in amazement, this refusal really came unexpectedly.
Shen Taoli and his assistant looked at each other, feeling puzzled in their hearts, and then looking at the current other party's company, it seems that they are indeed not short of money, after all, it is impossible for a start-up company that is short of money to afford the rent price of the central building.
In the end, seeing Ye Hua so confident and confident, could it be that the other party really has a deep background? If you think about it carefully, I think it is very possible that such a powerful technology should also have a strong scientific research laboratory behind it.
For a while, Shen Taoli was not very easy to judge, and all kinds of signs showed that the other party's origin was not simple.
But he still didn't die so easily: "Mr. Ye, do you think IDG Ventures' sincerity is not enough, or for other reasons, it doesn't matter if anything can be discussed." ”
"Mr. Shen's sincerity is nothing to say, but the coastline company is currently very well-funded, and external financing is not currently included in the company's development planning sequence." Ye Hua added again.
Seeing Ye Hua's statement, Shen Taoli had no choice but to express deep regret, but before leaving, he also took out a business card and told Ye Hua that if the coastline technology company had any financial difficulties, he could call him directly.
Shen Taoli obviously couldn't give up so easily, but now he didn't figure out what Ye Hua and Coastline Technology were, so it was difficult to make a judgment, so it was better to investigate it first.
Ye Hua personally sent the two visiting VC investors to the door, and Shen Taoli did not forget to mention the issue of financing cooperation again, showing full sincerity, and finally left after a few words of greeting.
Qiao Wei, who was following on the side, also had a look of admiration in her eyes, full of brilliance, but she didn't expect Ye Hua, who was silent at the classmate dinner before, to talk to these investors, and she was comfortable from beginning to end.
Ye Hua watched the two VCs disappear from view, and when he turned around, he directly threw the business card in his hand into the trash can, without the slightest hesitation.
Soon after, the company came back and forth several batches of VC investors, including the famous SoftBank Investment, etc., which were not absent, and some investment funds under Internet technology giants also came, and several batches were sent away, all of which were unwilling to leave.
A start-up like Coastline Technology is a typical one that has abused VC thousands of times and chased it like first love, after all, you can't get along with anyone you can't get along with money.
……
In the business metropolitan area, in a hotel near the central building, Shen Taoli stood in front of the windowsill and looked at the central building, heard the voice of the mobile phone next to his ear, and said stunned: "What did you say?" He doesn't have any background? Is it a pure start-up team? ”
A voice came from the other end of the communicator, "... The information we investigated shows this, if he really has a deep background, then it must be a background that is all over the world, and even we can't find out the slightest, so it's better to mess with such a person. However, I believe in the former more, if he really has a background, why would he go to the International Electronics Show? That doesn't make sense. ”
"Got it." Shen Taoli hung up the phone, looked at the central building and gradually revealed disdain and sneer, at first he was suspicious that he was a person with a background, but he never expected this to be the result, it turned out to be a technical genius and a business fool.
"One has no background, two has no capital, three has no connections, four has no platform, and I don't want to share with VC, the help of capital will become your biggest resistance, the best kindness will become your biggest malice, and I will teach you a lesson, young man."
……