Gao Huaijun's performance made Wang Ji worried.

Now so many people are eyeing the ship of Hillhouse Technology, which means that there will be more competitors than expected.

According to his observations, more than 10 VC companies have exchanged business cards with Gao Huaijun at the Internet annual meeting in the past two days.

This does not include those big guys, people who can directly talk to Gao Huaijun.

Although Tang Yuan is Gao Huaijun's classmate, that is only the first step in the relationship, and when it comes to talking, it is still full of unknowns!

After all, in this state of hope and possible rejection, it's really a mentality!

After a hard day, on the afternoon of the second day of the Internet annual meeting, Gao Huaijun arrived at the Lijiacai private restaurant at No. 11 Yangfang Hutong by the Imperial Capital, Houhai, as promised.

Due to the small size of this private dining room, it can only fit 3 tables.

So Wang Ji has a lot of money, and he directly wrapped up the entire restaurant today.

Before entering the equity negotiation with Gao Huaijun, Wang Ji also wanted to show off his strength.

"I'm sorry! Mr. Wang, I have been a little busy in the past two days, and I am really negligent. As soon as they met, Gao Huaijun apologized to Wang Ji.

"Little, little! You come here this time, I invite you to eat, this old emperor is very distinctive Li family cuisine! Wang Ji said as he made a gesture of inviting inside.

Gao Huaijun smiled slightly as he walked inside, and said, "I don't know if Mr. Wang can tell me what is interesting about this Li family dish." ”

"The old man of the Li family, Li Zijia, he was in charge of the imperial dining room, and he understood some of the doorways, and then the family fell into the middle of the road, and the children and grandchildren of the family integrated those royal recipes in his memory, so it became the famous Li family cuisine in this imperial capital!" Wang Ji is quite familiar with this area, and he is eloquent when he talks about it.

"That's quite interesting, I thought the special dishes of the imperial capital were roast duck and burnt rings, and bean juice." Gao Huaijun sat down on the main seat and said with a smile.

"Hey! I can't get used to eating those things, in ancient times, they were all things invented by poor people, what kind of bean juice, like rancid, it was difficult to swallow. Wang Ji shrugged his shoulders and said helplessly.

Gao Huaijun on the side smiled dumbly, this Wang Ji is quite funny.

He immediately smiled, "Mr. Wang is quite funny, it seems that in addition to being busy with work, he also cares about life very much." ”

"Haha! I'm also a familiar person with both the imperial capital and Jiangnan. Take our dinner as an example, the imperial capital and Jiangnan are very different. Wang Ji personally poured Gao Huaijun a cup of pre-dinner tea and talked with a smile.

"Oh? What a different way. Gao Huaijun took a sip of tea casually, and became interested.

"Take our dinner as an example, the imperial capital and Jiangnan are very different!"

"This dinner in the magic capital, for example, I went to the magic capital on a business trip, and I wanted to have a meal with you through a friend, then this friend must have said that I would ask, and then ask you, and then say that there is time one day, and then this will be done, and I will not promise you on the spot."

"But when I arrived in the imperial capital, the dinner in the imperial capital was different: I know this Huaijun well, I was with him yesterday, I asked him to come whenever he wanted, I told him to come immediately!"

"However, this is not so easy to do, and people can't call them directly. But I've already promised someone, so what should I do? ”

"It's a misfortune today, he has a bureau in another place, otherwise we wouldn't have been able to come until after three o'clock. Or tomorrow? ”

"The next day, I found out that he hadn't come yet, saying that he was sick today, and he really couldn't come today, so can you wait another day, wait another day, and I will definitely make an appointment for you."

"On the third day, people still can't make an appointment, and they can't hold back, what should I do? Sit there and say, how stupid is this Gao Huaijun, so many young talents, why do you want to eat with him? ”

Gao Huaijun, who heard Wang Ji speak on the side, couldn't help laughing, "This imperial capital dinner, what you said is really vivid!" ”

This guy is really a wonderful person!

Seeing that the atmosphere was almost active, Wang Ji personally poured a cup of Moutai Feitian 52 for Gao Huaijun, and then said hello to Gao Huaijun, "Mr. Gao, I can congratulate you first!" ”

Gao Huaijun was stunned for a moment, and couldn't help asking, "Mr. Wang, why did you say hello to me as soon as we met?" ”

Wang Ji smiled and said, "I heard that the sales volume of your company's M3 has exceeded 40,000 units, and the sales have exceeded more than 80 million. ”

"During this time, although my main focus was on the development of the Internet, I was still very concerned about the electronic technology industry."

Gao Huaijun was dumbfounded.

He immediately smiled and said, "The M3 product also happened by chance, and during the Chinese New Year, a wave broke out, and the luck was a little better." At present, the sales volume of products has fallen. ”

"Now the sales volume every month is only a few thousand units."

In order to continue the hot sales period of M3 and attract more players, Hillhouse Technology once announced a high-profile sales node of 40,000 units, which is also the core reason for the attention of the VC industry.

He didn't know what Wang Ji's purpose was for inviting him over today, so he was sloppy and talked casually.

Wang Ji nodded, "That's also very remarkable, I just learned that during that time, M3 was even sold out in the Chang Triangle, and even in the imperial capital and the Zhu Triangle region, M3 also appeared." ”

"Holding such a big hen that lays golden eggs, no wonder Mr. Li dares to spend a lot of effort to raise a R&D team of more than 300 people, but the R&D sales ratio of more than 30% is a very difficult thing for a start-up!"

A hint of strangeness flashed in Gao Huaijun's eyes.

Although it is only a random two sentences, this Wang Ji can be regarded as a clear investigation of Hillhouse Technology.

In such a short period of time, the energy of this company is not as simple as imagined!

"Hillhouse Technology, in fact, is not so short of money, our current sales are okay, and our stall is not large, there is not so much fixed expenses that need to be involved in capital flow." Gao Huaijun settled his mind and replied directly.

"The exaggerated R&D and sales ratio, the internal and external channel system that urgently needs to spend a lot of money to build, and the overly concentrated product line, these are all things that need to burn money to maintain, and when the enterprise encounters a business crisis, there will be no VC to give money."

"I do a lot of investment, a company, often in the early stage of the most short of money, in the middle of the development, or even after listing, unless there is a very aggressive investment policy, generally will not be so short of money, the initial lack of money of the enterprise, is not a bad thing."

Wang Ji and Gao Huaijun touched their wine glasses and said slowly.

Gao Huaijun nodded.

Generally, after the enterprise has a certain reputation, the enterprise can even cooperate with the bank to extend corporate credit, or through the form of OTC bond trade to carry out multi-channel financing.

On the contrary, the enterprises in the early stage of entrepreneurship do not have much reputation, the banks do not trust them, and there are few natural collaterals that can be mortgaged, so generally speaking, it is difficult for small and micro enterprises to borrow, and they generally rely on the founder's self-investment funds to support it, or make a VC money in one go, and rush out of the most dangerous and deadly stage of the founding!

This Chinese person pays attention to talking about business at the wine table.

Wang Ji saw that the heat was almost over, and he couldn't bear it in his heart, seeing that the people from both sides were present at the moment, there was nothing to hide and hide, "I have heard that Hillhouse Technology is going to finance the A round recently, and I have also inquired about the quotation given to you by the industry, and Jiahe Investment came with sincerity today!" ”

。。。。。。

PS: Since tomorrow is the last day to watch the fourth round, I will update it at 23:50, please support!