Actually I just want to act

Chapter 350

Fang Jiming smiled and said, "Embedded advertisements, store positioning, and you can also find car manufacturers to cooperate with car GPS navigation systems, why can't you make money?"

Raymonda's eyes lit up: "Can it still be like this?"

"Our map framework has been built and is ready to enter the internal testing stage." Wen Liangping said, "We expect to generate billions of soft sister coins in this area every year, which is about [-] million U.S. dollars."

Raymonda naturally took it as a joke, and he believed more in the judgment of the company's valuation team.After all, he has experienced too much of this kind of thing, and he feels that these are all bragging data, and there is no real evidence.

After all, when it comes to financing, isn’t it just you fooling me, I fooling customers, and then fooling shareholders after IPO?
If one of the environments can't support it, it will naturally be over.

Raymonda smiled and said, "Your company is really a forward-looking company."

Of course Fang Jiming knew there was something in his words, didn't it mean that they only know how to brag? "Director Lei..."

Jiang Xingrui: "..."

Wen Liangping: "..."

Liu Chengping: "..."

Xu Xinyun: "..."

What the hell is Director Lei? Raymonda is someone's name. Hey, don't just change someone's surname!
Fang Jiming seemed to be okay, and said: "Let's talk about our main business, search websites and derivative products. Our search engine technology is similar to that of GG in Meilijian, and we are even better. We also develop Introduced image search technology, developed image search function, and a new type of forum such as Baidu Tieba. In China, we are the largest search site. At present, our company has reached a state of even profit and loss, among start-up companies , I haven’t found any other Internet company that can be as dynamic as our company.”

After Jiang Xingrui translated it, Leimonda pondered for a while, and said, "Fang Dong, I think we can talk about this. I heard that you are looking for an angel round financing of [-] million US dollars?"

At this time, 8 million U.S. dollars is equivalent to more than 5 million soft sister coins. Fang Jiming nodded and said, "Does Director Lei think that Baidu is not worth [-] million U.S. dollars?"

Raymonda said with a smile: "I remember, when WOO's angel round was valued, it was only $700 million."

Fang Jiming shrugged and said, "What about GG Company? As far as I know, GG Company just received an angel round of financing in December, with an amount exceeding US$[-] million."

"Indeed, GG Company is very similar to your company, but I think what Dong Fang needs to understand is that GG Company radiates Meilijian, as well as Europa, and it will even spread to Asia and China soon." Raymond Da said seriously, "So, how does your company compete with GG?"

Fang Jiming said: "We want to obtain funds, but also want to enter the European and American markets?"

Raymonda was taken aback for a moment, and then said, "Are you going to enter the Meilijian Market?"

"Are you surprised?"

Fang Jiming smiled and said, "Now that Meilijian is the world's largest Internet consumer market, we naturally want to make money."

Raymonda thought for a while and said, "Even so, it will be very difficult for your company to obtain $[-] million in financing."

Fang Jiming said: "Our advantage is that no matter how much you invest, our angel round of financing will replace 20% of the shares with [-] million US dollars. Until the replacement is completed, it is not limited to any investment bank, venture capital institution, private fund, etc. Investment. Everyone takes shares according to the proportion of the money they contribute, and I have always been very fair as a person.”

It was the first time for Lei Mengda to see such a confident company, and he couldn't help laughing: "Director Fang really knows how to joke..."

Fang Jiming said seriously, "I'm not joking."

At this moment, the valuation team of Hongshan Capital came in and showed the report to Raymonda.

After looking at it, Raymonda nodded and said a few words softly.Then all members of the valuation team took their seats behind Raymonda.

"Director Fang, why don't you take a look at this valuation report first?"

With that said, Raymonda handed over the valuation report.

Fang Jiming picked it up and looked at it, and immediately felt dizzy.Although his English is not very bad, Fang Jiming still feels very uncomfortable with the bunch of financial technical terms mentioned above.

Wen Liangping took the report, glanced at it and said, "Director Raymonda, I think this valuation report is seriously inaccurate. If Baidu's overall value is only $8000 million, then why should we work so hard?"

Fang Jiming also heard that his inner value is 5 million US dollars, and these profiteers and beautiful middlemen are only willing to give 8000 million US dollars, and 20% of the shares are 1600 million US dollars, which is more than 2000 million US dollars Soft sister currency.This is more than six times worse than Fang Jiming's expected [-] million soft sister coins.

"Director Lei, it seems that our expected prices are too different?"

Fang Jiming said calmly, although he had expected it earlier, these beautiful intermediaries could not afford to be early, so how could they do business at a loss. "If you are so insincere, then we seem to have no need to negotiate."

Lei Mengda was stunned: "Could it be that Fang Dong's bottom line is the valuation of [-] million US dollars?"

"Even GG can get a valuation of one billion US dollars, and if Baidu can't even get half of it, we have no motivation or funds to expand our business in Europe and the United States, so this valuation, I think, has not met expectations. "Fang Jiming said lightly.Although his tone was low, the firmness in his words surprised Raymonda and their valuation team.

You must know that Hongshan Capital is one of the top [-] investment institutions in the world, and even if their valuations are not accurate, there will not be too much difference.

Therefore, Raymonda thinks that Fang Jiming is crazy.

"Fang Dong, you can't be arrogant!"

Seeing that Fang Jiming was so young, Raymond thought he was taking care of his own face.But in front of money, and in front of a lot of money, face is the least valuable thing.

Fang Jiming said seriously: "I am very sensible, and I know how much Baidu is worth. In the future, Baidu will at least be a company with a market value of more than 500 billion US dollars. Therefore, for a valuation of only 8000 million US dollars, I think it is a insult."

Seeing that Fangming was so persistent, Leimonda also knew that there might be nothing to gain today, so he could only say: "Then let's go back and discuss it again, and make an appointment to talk about it, and try to reach an agreement?"

"There's no need to talk about it anymore. There's only the difference between agreeing and disagreeing. Or, you can just pay $1600 million and take 3.2% of the shares?" Fang Jiming said flatly, "Others that need financing , we will find other investment institutions to make up for it.”

Raymonda smiled: "Director Fang, you may not understand the rules of financing."

Fang Jiming smiled and said, "It doesn't matter what other people's rules are. My company follows my rules."

Raymonda shrugged, knowing that his trip might be in vain, he stretched out his hand and said, "Then let's do this first!"

Fang Jiming also shook hands in a friendly manner, and said, "Business is nothing but benevolence and righteousness. I hope that with the help of your publicity, we can spread Baidu's reputation."

No one translated this sentence, which made Raymonda confused: "What?"

(End of this chapter)