Chapter 85: Venture Capital Comes to the Door (1st Update)

In the early summer morning, the moist wind gently swept in, penetrated through the glass window, slightly brushed everything, and quietly walked away. The light of daylight also occupies every corner, painting the door with a dreamy white color.

Chen Chen's family was eating in the house, Chen Chen quickly finished eating, and after saying hello to Jiang Ya, he drove directly to Chen Ya's takeout.

The reason why Chen Chen went out so early was because yesterday when Chen Chen was shopping with his family, Wu Dong suddenly called and said that a venture capital company came to the door and said that he wanted to invest in Chenya Takeaway, and the two sides made an appointment to meet at Chenya Takeaway Company at eight o'clock this morning to formally discuss.

Today, Chen Chen mainly wanted to understand the ideas of these venture capital institutions, not immediately financing, although Chen Chen had the idea of financing, but the time still had to be pushed back, at least after the May Day holiday.

The senior management of Chenya Takeaway actually knew that Chen Chen was interested in financing, which was told to them a few days ago when Chen Chen asked them to sign option stocks.

Chen Chen: They made a rough valuation of Chenya Takeaway Company, and also had a rough idea of how many shares they expected to release, and they formulated an expansion plan based on this.

Although the plan has been formulated, some preliminary preparations have not yet been made, and there are more things that need to be prepared, because the scope of expansion this time is relatively large.

Chen Chen: Their goal is to directly capture one-half of the market in the Yangtze River Delta urban agglomeration, which has a total of 26 cities, accounting for 2.3% of the country's area.

Although it seems to be relatively small, it contributes 1/4 of the country's GDP, and the potential of this market is very huge, so Chen Chen and they must be fully prepared, and when the time comes, they will directly start to expand.

And Chen Chen made two preparations, in addition to financing, Chen Chen also asked Wu Dong to go to the bank to inquire about the loan, and the bank didn't want to deal with them much at first.

But with the discovery of Chen Ya's takeaway platform, the situation has gradually changed a lot, the day before yesterday when Wu Dong came to attend Chen Xin's birthday banquet, he mentioned to Chen Chen that if necessary, the bank can provide large loan services.

So Chen Chen is not in a hurry to raise funds now, he just sent the company's local promotion team to the target market first, and first explored the situation, the current situation is quite good, and the acceptance of their platform by merchants is not bad.

Of course, there is another reason, that is, the market of the magic capital, this side has not been completely stabilized, the magic capital is their basic plate, even if the next expansion is not smooth, as long as Chen Ya takeaway guards the market of the magic capital, there will be no shortage of opportunities to start over.

The most important thing is that as long as Chen Chen prepares these things, when raising funds, they will be able to greatly increase the valuation of the entire company, and they will be more confident to ask those venture capital institutions for money.

As for Jiang Ya, she has an important task today, that is, to formulate a travel strategy with Chen Xin at home, they plan to travel on the 28th and spend the May Day holiday in advance, after all, there are too many tourists on May Day.

When the time comes, there will be no joy of traveling, and the most important thing is that there is no need for Jiang Ya over there, so Jiang Ya didn't go.

At about half past seven, Chen Chen arrived at the company, and as soon as he walked into the company, he saw Wu Dong explaining things to the front desk.

Chen Chen raised his feet and stepped forward, Wu Dong also noticed Chen Chen, walked over quickly, and said:

"Mr. Chen, you are here so early!"

Chen Chen nodded and said:

"Didn't you come very early, after all, you are the first venture capital institution to come to the door, how can you say that you should pay attention to it, the other party has not arrived yet, right?"

Wu Dong smiled and said:

"Haha, Mr. Chen is right, they haven't come yet, but just now their person in charge said that they have already set off, and they should be there soon."

Immediately, the two walked and chatted towards Chen Chen's office, and Chen Chen asked:

"What I told you to check yesterday, did you find it?"

Wu Dong laughed and hurriedly said:

"That's for sure, their information is in my office, just now I explained to the front desk that after you came, notify me in time, and I will send it to you."

Chen Chen praised:

"Yes, Fengyuan Investment Company, right, you go and get it first, I'll take a look at it first, I know myself and the other."

Wu Dong immediately went back to his office to get the materials.

As soon as Chen Chen came to the office and sat down, Wu Dong came over with the papers.

After putting the information on Chen Chen's desk, Wu Dong said:

"Mr. Chen, you look first, I'll go outside and keep an eye on it, and I'll notify you when the other party comes."

Chen Chen waved his hand and said:

"Okay, then you can get busy first."

After Wu Dong left, Chen Chen looked down at the document, glanced at the ten lines, and quickly browsed the information roughly, and had a little number in his heart, but after reading it, he was also a little disappointed in his heart.

At the same time, I also made a decision in my heart, that is, unless their valuation of Chenya Takeaway far exceeds Chen Chen's bottom line, or there is no larger investment institution to come to the door, otherwise it may be that Chenya Takeaway's trip, whether it is now or in the future, Fengyuan should not be able to get up.

There is no other reason, it is purely because the scale of this venture capital institution is not very large, and Chen Chen believes that accepting their investment will not help the company very much.

On the one hand, considering that they may not be able to come up with enough funds for a while, you must know that Chen Chen's bottom line is quite high, and he requires the money to arrive quickly. On the other hand, considering their background, on the whole, they are not the best choice for Chenya takeaway.

Fengyuan Investment Company is a medium-sized investment company, headquartered in the magic capital, the boss's surname is Du, and he is a native of the magic capital, so he can be regarded as self-made.

After more than ten years of development, the company now has billions of assets and a good reputation in the industry.

This Mr. Du is a well-known figure in the magic capital, and he must still have some connections to develop Fengyuan to the point where he is today, but unfortunately, Chen Chen's goal is the whole country, and Chen Chen is not very satisfied with the situation of this company.

You must know that Chenya takeaway is not really short of money, if the early stage is a city by city, the company's existing funds are enough to support, and in the medium term, it can directly snowball rapid development.

However, Chen Chen took into account the particularity of future competitors and the catering industry, so he planned to accept financing, and directly wanted to quickly start this stage in the early stage, and the subsequent development could also reduce some unnecessary troubles.

Therefore, Chen Chen has two prerequisites for selecting venture capital institutions, one is that the capital chain is sufficient, and the other is that the background is strong, and the best one must be satisfied with both.

Of course, if the business is not benevolent, Chen Chen will not offend them for no reason, there should still be a number of courtesies, and after determining the way to deal with them, he waited for them directly in the office.

When the time came to seven fifty, Wu Dong knocked on the door and walked in, saying:

"Mr. Chen, the people from Fengyuan Investment have come, there are four people in total, I just took them to the conference room, Director Ding and Director Wang are entertaining them, should we go over now, or will we go over again later, and dry them first?"