While chatting, Zhao Xiaolong came back, and when he saw me and Xia Qing here, he hurriedly came over and greeted him with a smile, "Mr. Xia, Lao Gao, why are you here?" Don't say hello either! ”

Seeing that Zhao Xiaolong was sweating profusely, he felt like he had run a long way, the clothes on his body were also wrinkled, and his hair was even more stranded, greasy, obviously he hadn't taken care of it for a long time.

"Xiaolong, you're just going to meet the investors?" Xia Qing said with a smile, obviously it was a little inappropriate for Zhao Xiaolong to dress up and go out to meet people.

Zhao Xiaolong listened to Xia Qing say this, rubbed his head a little embarrassedly and smiled awkwardly: "I haven't been working with the technical team to adjust bugs in the past few days, I really don't have time!" ”

"Mr. Zhao is really tired enough these days, hey, the people in the technical department are working on the floor every day! Lo and behold, even the tent sleeping bags have been moved! Xiang Meng Nunu pointed to the five or six tent sleeping bags in the corner.

Awesome! This is the state that entrepreneurs should have! Hearing Xiang Mengmeng say, I couldn't help but give Zhao Xiaolong a thumbs up in my heart!

I remember when I first came into contact with Zhao Xiaolong, I was a little uneasy about this technical nerd, after all, we invested 9 million in this project at one time, and our hearts were still a little empty.

Although Zhao Xiaolong came out of Penguin, there is no problem with technology and vision, but in the past two years, many people have resigned to start a business, and few have successfully reached the top.

Even if a technical expert like Penguin comes out, if you can't find the right direction, guess the rhythm, and don't put in a lot of effort to do things, the probability of failure is very high.

After all, entrepreneurship is a life-and-death affair, and it is not as light as it is described in movies and television.

After a few pleasantries, Xia Qing then asked, "How is it?" What do investors say? ”

"After chatting for less than an hour, the other party seems to be quite satisfied, after all, our app has only been online for less than two weeks, and the number of registered users, user stay time and user feedback and other aspects of the data are very good, so investors are quite interested."

Zhao Xiaolong adjusted his breathing, stopped to drink saliva and continued: "However, we are not short of money for the time being, the money you invested in Sister Miao and Mr. Xia before is still in the account, and now there are almost 20 million!" ”

"You haven't moved the money we invested before?" I couldn't help but ask in surprise, Sister Miao and we have invested a total of 22 million in tens of millions of projects, and the projects have been launched for so long, Zhao Xiaolong actually said that there are still 20 million in the account! This is not scientific!

"There are not many places to spend money now, the office is free, the server bandwidth is hundreds of thousands a month, and the biggest expenditure at present is the salary of employees, we have recently dug some people over, and this expenditure is a little bigger, so ...... It didn't cost much. However, because we are going to do promotion next, we have to spend a relatively large amount of money on this piece. Also, we don't have a profit yet, so we have to prepare no less than half a year's reserve fund in the account. Zhao Xiaolong crossed his fingers and counted it for us.

Listening to Zhao Xiaolong calculating the accounts, I was also estimating in my heart. No wonder the Internet has developed so fast in the past two years, and the development of the real economy has been slow, because apps like tens of millions of them don't need stores! How much money do you have to save!

When I used to work in Longmai, although I was just a salesman, I also knew that the annual rent of any store under Longmai Real Estate was less than 100,000 yuan or more than hundreds of thousands, and the entire Longmai Real Estate spent at least tens of millions of dollars a year on rent alone, not including decoration, hardware, personnel and other expenses.

Longmai real estate and tens of millions of apps, the comparison between the two compartments, the high and low!

As long as there is no offline store and personnel expenditure, tens of millions of real estate agents such as Longmai Real Estate will directly reduce more than half of the expenses.

"Xiaolong, don't save the money you should spend!" Xia Qing said after listening to Zhao Xiaolong.

"Mr. Xia, I know this! During this time, I was mainly doing development, and when I did promotion next, it was estimated that I would spend money like water! Zhao Xiaolong said.

"Xiaoya can help over there!"

"Well, Sister Xiaoya has already contacted us, and the news that came out two days ago was what they helped us do, but it's just ......" Zhao Xiaolong said and stopped, as if he was a little embarrassed, seeing me and Xia Qing listening carefully, so he continued: "There are still some bugs in the project, after the media reported it, there were some minor problems, and I am working overtime these days!" ”

"Just now, we heard Mr. Meng say, if there is a problem, solve the problem, and after the problem is solved, just follow your rhythm. Doing anything will inevitably have all kinds of problems, and you shouldn't be too anxious. What about Xiaoya, let's do a good job of communication, right? Their marketing methods are truly amazing! In the promotion stage, there are still many opportunities for you to cooperate. Xia Qing said slowly.

Zhao Xiaolong nodded and said, "Understood!" I have already communicated with Sister Xiaoya, and their promotion will follow our project in the future, and they have all communicated! ”

"That's good!" Xia Qing said, "By the way, what do you think about the new investor?" ”

"Well, we just chatted, and the other party is quite interested, but I ...... I haven't figured out if I need to accept new investment, and as I said, we have enough money on our books until the end of the year! Now because the project has just been launched, although the valuation given by the management is not bad, I still want to think about it again. ”

"What is the valuation given by the management?" I asked.

Zhao Xiaolong didn't speak, and gestured with a 2.

"200 million?" I couldn't help but ask excitedly, you must know that when we decided to invest in Zhao Xiaolong, the valuation given by Sister Miao and us was 22 million.

22 million is already a big investment for a project that only stays on PPT. In this more than a month, the project has just been launched, and if the valuation given by the investor is 200 million, then it will be nearly ten times the return!

This return is already beyond our estimates, you must know that our previous investment in Zhao Xiaoya's project, when we finally exited, it was only five times the return!

The movie "33 Days of Love" co-invested by us and moti is only more than four times the return if it is based on the box office of 1 billion!

If the capital now gives 10 times the valuation of 10 million, then wouldn't we make 90 million from changing hands?!

Hearing Zhao Xiaolong's news, Xia Qing and I couldn't hide our excitement on our faces, you must know that even in the stock market, stocks with tenfold returns are rare!

Even predators like Soros and Warren Buffett may not be able to invest in many stocks with tenfold returns in their lifetime!

What a stroke of luck!

Seeing me, Xia Qing, and Xiang Mengmeng, who was sitting on the side, were all excited, Zhao Xiaolong added a little mechanically: "It's 200 million, yes, but it's 200 million U.S. dollars!" ”

"I'll it! Xiaolong, what do you say? The valuation given to us by the capital is $200 million?? I asked, opening my mouth wide.

"Hmm!" After Zhao Xiaolong finished speaking, his face was red, and even his eyes were shining, obviously he couldn't hide his excitement about the valuation given by the capital.

"Oh my God! We're rich! Xiang Mengmeng sat on the side and said proudly, because the company's valuation is high, as a senior executive introduced by the company, Xiang Mengmeng was promised a 1% option, although the 1% option is not much, but if multiplied by 200 million US dollars, it is also 2 million US dollars. $2 million is tens of millions of soft girl coins!

This is the rhythm of turning white and rich overnight! No wonder Xiang Mengmeng is excited!

"Mr. Meng, don't get excited! If the other party assumes to vote, it is conditional. Zhao Xiaolong saw that Xiang Mengmeng was about to jump up excitedly, so he whispered.

"On what terms?" Xiang Mengmeng winked and said.

"To put it simply, they have two conditions: one is that they have high requirements for revenue and profitability, and the other is that the company's executives cannot cash out. In addition, their funds are received in batches according to the progress of our project, not all at once. ”

"Huh? I can't get any money! Xiang Mengmeng looked a little lost after listening to Zhao Xiaolong.

However, Xia Qing and I listened to Zhao Xiaolong, and we didn't have time to comfort Xiang Mengmeng, who wanted to become a rich woman, Xia Qing followed the conversation: "That is, what Mangrove Capital gave was a gambling agreement?" ”

Zhao Xiaolong nodded, indicating acquiescence.

Mangrove, the investor who approached Zhao Xiaolong this time, is the world's three most well-known VCs, and it is also the US dollar capital second only to IDC in domestic investment projects.

Similar to IDC, which invested in Zhao Xiaoya, Mangrove has invested in nearly one-third of the most well-known technology companies in China since it entered China in the mid-90s.

Mangrove and IDC's current investment in technology companies and innovative companies can be said to account for half of the country, and there are several giants with a valuation of more than $10 billion, as well as more than a dozen unicorn companies with a valuation of more than $1 billion.

To put it simply, if any company is invested by a giant like IDC or Mangrove, it means that it has entered the circle of the $1 billion club, and its project is more likely to succeed.

Because whether it is IDC or Mangrove, these powerful foreign-funded institutions have not only money, but also rich experience and resources.

Compared with them, domestic institutions like our Qingtian Investment can be said to meet aircraft carrier formations, and the two are not of the same magnitude at all.

However, these institutions also have their characteristics, that is, the terms of investment are often more harsh, after all, they are capitalists, and everything is to pursue maximum profits.

Moreover, the conditions mentioned by Zhao Xiaolong do not seem to be particularly harsh at present, and their purpose is nothing more than to ensure a stable founder team and a predictable profit plan after their investment enters.

And the valuation they gave to tens of millions this time is not 200 million yuan, but 200 million US dollars!

I did a quick calculation in my mind, that is: our return this time is not 10 times, but an astonishing 60 times! If all our shares are transferred and converted into money, it will be more than 500 million soft sister coins!

O God! O earth! I'm a little excited, too!

At the moment, I want to be quiet!