Chapter 719: Capital Games
"I don't think you're an outsider, so I'll tell you straight, our company has been in a state of loss so far, and it really needs funds to invest in shares, but it also has to bear a lot of risks, why did you choose to come in at this time?"
Ye Shanshan smiled faintly and replied: "It seems that you don't know much about the capital market. ”
I scratched the back of my head a little embarrassed, to be honest, I really don't understand, even why Jiang He would vote for me 100 million without scruples, I still can't understand his operation.
Ye Shanshan paused, and then said to me: "I'll give you a real example, you should understand." ”
I sat down and listened intently.
"It was also very difficult for our group to start its business at the beginning, and I heard my father say that it took five years of continuous losses to gradually make a profit...... Including Jianghe Group, in fact, I know this company very well, they have also lost hundreds of millions of dollars before, and there are many well-known companies that you are familiar with, but in fact, they have not made a profit until now. ”
After Ye Shanshan paused, he continued: "Although they are all losing money, the shareholders of all their companies are worth more than 100 million, including Jiang He, although his group has lost tens of billions, he himself is still worth more than 10 billion...... Project investors are also making a lot of money, do you know why? ”
I shook my head and replied with a smile: "If I knew, I wouldn't have been played around by capital." ”
"To put it simply, the investor earns money from the equity premium, not your company's dividends, including the angel investment given to you by Jianghe, do you think he really cares about dividends?"
I didn't speak, and continued to listen to her.
"In venture capital, venture capital, your purpose is to raise your valuation, and then you can turn the money into equity premium and price-earnings ratio, if you can cash out in the secondary market, then it's best, if you can't wait to exit in the primary market...... To put it simply, no investor is here to earn dividends. ”
The more I listened, the more confused I became, and at the same time I felt the gap between myself and them.
I have always felt that I can get what I want by doing things in a down-to-earth manner, but those who really make money in this society are actually playing with capital.
Seeing that I was at a loss, Ye Shanshan said to me patiently: "Actually, these An Lan know better than me, you don't have to worry, I'll give you another example and you will understand." ”
I nodded and continued to listen.
"If an angel investor invests you in a project and you sell 10% of the equity, the market value of your company is 50 million. At this time, investors did not benefit...... If another investor invests 50 million in you in the next round, and you sell 20% of the equity, the market value of your company will be 250 million...... However, at this time, the 10% equity of angel investors was at a premium of 25 million, a full fivefold increase. ”
Speaking of this, Ye Shanshan took a sip of water and continued: "When you get round B, you get another 500 million investment, and you sell 20% of the equity, and the market value of your company becomes 2.5 billion. At the beginning, the angel investor premiumed to 250 million, a fifty-fold increase...... Whether it is the C round or the D round in the future, it is all like this. ”
I listened quite carefully, and I was really more serious than when I took the college entrance examination.
I also think I'm not stupid, and after listening to Ye Shanshan's two examples, I finally understood that this is the capital game.
Ye Shanshan asked me at this time: "Now you should understand why some companies seem to be in a state of loss, but their shareholders are making a lot of money, right?" ”
I smiled and said, "Understood, to put it bluntly, it's all the next investor's money earned, right?" ”
Ye Shanshan was amused by me, and she said: "You can also understand it this way, of course, provided that your company has the ability to create value." ”
"Do you think my company has the ability?"
"At present, there is a possibility of this, especially your logistics base, once it is operational, I believe that someone will take the initiative to contact you."
After a slight pause, Ye Shanshan added: "In addition, I would like to remind you that if you want to raise money, don't use products and profit dividends to attract investors, what they need is valuable projects." Valuable projects need to have four elements: first, the market space must be large; Second, the group coverage of users must be large; Third, it needs to have the ability to fission and support; Fourth, there must be a business model that can be implemented. ”
I nodded heavily and replied, "I understand, so the reason why Jianghe gave me angel investment before was actually the biggest reason for me to be a logistics base, right?" ”
You can also think so, in fact, there are many Internet celebrity companies, large and small, and they no longer have the ability to support, and there is no business model that can be implemented...... It is precisely the combination of the Internet and traditional e-commerce that allows people to see the market space. ”
I understand now that this is the case, but it is really better to listen to your words than to read a book for ten years!
I smiled and said, "Miss Ye, you must have been a very capable investor before, right?" ”
Ye Shanshan shook her head and smiled: "I actually just inherited the family business, and the older generation worked hard, and An Lan actually knows these things better than me." ”
I smiled and said, "But she never told me that." ”
"It's understandable that when I was with Rui Rui's father in the past, I didn't talk to him about business things, and he wasn't interested."
After speaking, Ye Shanshan stood up and said to me: "Okay, let's talk about it here, wait for you to go back and inform Jiang He, and we will talk about the shareholding in detail." Rest early and good night. ”
Back on the bed in the room, I habitually lit a cigarette before going to bed, and then tried to digest the words that Ye Shanshan had just said to me.
I think what I should do now is not to attract investment, but to do a good job in front of me, first of all, I must do a good job in the Internet celebrity business department, and only with stable resources can I drive the logistics base.
After that, I will have the opportunity to make my own brand, and then I will be able to form a complete industrial chain.
Thinking of this, the blood in my heart boiled again, and I could even meet the future.
……
I got up early the next morning, and after having breakfast together, I took Rui Rui to school with Ye Shanshan.
We changed into parent-child outfits and really looked like a family of three.
The events in the games are all related to personal interaction, such as tug-of-war, relay running, three-person four-legged and so on......
The sports meeting is also very exciting, the school in order to hold this personal sports meeting is to increase the relationship between children and parents, do not care about winning or losing, but the children are very competitive.
But because of the parent-child interaction activity, there are no awards, the most important thing is the final talent show, I heard that there are rewards.
But we didn't prepare talents, and the parents of other children were ready, some singing, some dancing, and some acting in sketches.
At this time, a little girl came to Rui Rui and asked Rui Rui, "Liu Rui, when are you and your parents performing?" What kind of show are you preparing? ”
Rui Rui looked at me very embarrassed, then at Ye Shanshan, and I also glanced at Ye Shanshan.
Rui Rui shook her head at the classmate and said, "We didn't prepare a talent show. ”
A boy next to him echoed when he heard it: "Liu Rui, your parents won't know anything, right?" Ouch, what a shame. ”
I looked at the boy who spoke, but I couldn't refute it.
Rui Rui also lowered her head in disappointment, but at this time, Ye Shanshan suddenly said: "Who said that we don't have a talent show, we are ready." ”