Wind Rises 2005

Chapter 269 The Big Appetite

"Uh, what's your name, please?"

As soon as he sat down in the coffee shop, Wang Tao asked anxiously.

However, Boss Wang, who comes from a middle-class family, is still generous. At least he rushed to pay for the coffee, and he didn't dare to let Ma Liang treat him.

It was only mid-morning, and there were not many people in the coffee shop, so it was convenient to talk about things.

So Ma Liang introduced generously: "My surname is Ma, and this is my legal advisor, Lawyer Lin."

As he spoke, he handed over his business card that had just been printed out a few days ago. The information on it was exaggeratedly simple, just two lines of information.

[Maliang]
[139xxxxxxxxx]
In the lower right corner, there is an email address attached in extremely small characters, and there is no other information on the business card.

If it weren't for the [Gale Capital] logo on the upper left corner of the business card, I wouldn't know what he was doing just by looking at such a simple message.

Generally speaking, the simpler the business card, the bigger the coffee.

After all, this cup of tea is still pretending. Although he is not a big guy at all at the moment, it does not prevent him from experiencing the feeling of a business bigwig first on his business card.

As for [Gale Capital], it is his newly registered investment company.

Now that I have decided to walk on two legs, with one end in business and the other in investment, it is also reasonable to register an investment institution.

As for the word gale in [Gale Capital], it is purely Ma Liang's bad taste.

Going back to the era when the wind rose, he, a reborn tycoon, is bound to create a bigger wave of venture capital.

I dare not say anything else, as far as the investment success rate is concerned, there should be no investment tycoon who can compare with him, a reborn man with foresight.

"Uh, Mr. Ma, I wonder what kind of business you want to talk to me about?" Wang Tao looked at the business card and started to stutter.

Venture capital institutions?

Although he had fantasized about this situation, Wang Tao never thought that capital would come to him so soon.

But what [Gale Capital] is, he has never even heard of it.

But it is only 2006 now, and the domestic VC/PE industry has just waited for the wind to come. Many investment institutions are newly established, and it is normal that they have never heard of them.

2005 was the year when the wind rose, and this is by no means a casual invention.

How many industries have started to take advantage of the wind this year, directly crossed several steps, and ushered in huge development.

In the history of the development of Huaxia venture capital industry, 2005 is an era worthy of being recorded in history.A large number of foreign funds have entered, and local venture capital has also ushered in a new life.

In the summer of 2005, well-known venture capital firms in Silicon Valley jointly organized a trip to China.

This event was regarded as a watershed in China's VC/PE industry. After that, a large number of foreign funds set up institutions in the mainland.

Among them, the most representative one is the establishment of Sequoia Capital (China).

Different from other US dollar funds, when Sequoia Capital sets up funds in every market in the world, it will choose investors who are familiar with the local culture and have an Internet sense to cooperate.

This time, they chose Shen Nanpeng, the founder of Ctrip.

It is precisely because of this choice that Shen Nanpeng and Sequoia Capital changed the entire history of venture capital and Internet in China.

With the establishment of Sequoia, a group of foreign-funded funds were established one after another: Deng Feng and Northern Light, Zhu Lei and Cybernaut, NEA, AcceI Partners, SVB and other foreign-funded institutions soon established investment branches in the mainland.

At the same time, the China Securities Regulatory Commission also released a pilot plan for stock reform, opening up trading channels between the primary and secondary markets.

This famous pilot program is exactly the "full circulation of shareholding reform" recorded in the history of Huaxia Capital. Since then, the exit channels for local venture capital projects have become smoother.

Before 2005, local venture capital faced an extreme dilemma.

The fundraising is not in place, and the investment cannot be withdrawn. Many investors are confused and questioned this industry.

After 2005, local VCs “broke out of their cocoons and became butterflies” and gradually entered the stage of history.

Entering 2006, the domestic venture capital circle has begun to show a thriving scene.

Angel investment also began to take shape at the beginning of this year. Zhou Yunfan, CEO of Kongkong, Yang Lei of Northern Lights, and Zhou Hongyi of 360 all joined the ranks of angel investors.

In particular, the well-known Tongzhou Electronics will be listed on the Shenzhen Stock Exchange's small and medium-sized board in the few days since Ma Liang came to Pengcheng.

This represents the first successful exit of Huaxia's local venture capital in the domestic capital market, and the local venture capital has also ushered in an epoch-making node, and the two investment institutions of Dachen Venture Capital and Shenzhen Venture Capital have become famous.

After that, the era of local venture capital officially came.

When the previous BAT and a group of Internet companies first started their businesses, why did they find foreign capital for financing? It was not because they were obsessed with foreigners and did not care about domestic money.

But the local venture capital industry hadn't really started at all at that time, and it was not so difficult to raise funds in China.

Not to mention the turn of the millennium, even now in 2006, those coal bosses who got rich only know how to invest in the film and television industry to promote actresses, and few people understand what venture capital is.

Investment institutions want to find them to raise funds, so it is not easy for directors to bring actresses to their door.

Therefore, the era of Feng Qi is of great significance, representing the complete take-off of China's economy.

It is precisely because local venture capital started to rise this year, and many well-known investment institutions in later generations were established this year, so Wang Tao was not too surprised by Ma Liang's business card.

Thinking that he is the rich second generation of some family, he also started venture capital after learning from other capital bosses.

Although [Gale Capital] has never heard of it, it is also his best encouragement so far for Wang Tao, who is on the road to start a business.

After all, the fact that Ma Liang came to him on his own initiative meant that he was very optimistic about his project. Does this mean that his entrepreneurial project has been recognized by the capital market?

Thinking of it this way, Wang Tao's little thoughts couldn't help but become active.

Seeing his excited expression, Ma Liang seemed to understand something, so he went straight to the topic: "Mr. Wang, do you have any financing plans?"

"Thank you President Ma for your approval, to tell you the truth, I have indeed thought about it.

However, our company has just been established and has not opened to the outside world. I wonder where you got our information from? "Wang Tao still asked cautiously.

After all, his postgraduate study in Xiangjiang broadened his horizons there, so he is not a country bumpkin who knows nothing.

Ma Liang quickly explained: "Have you participated in the Pearl River Air Show before? I learned about your project from there, and it took me a lot of effort to find out.

I am personally very interested in the field of drones, and I am looking for potential start-up companies to invest in. "

"I was still wondering, it turned out to be like this, it seems that it is really fate.

I don't know how much Mr. Ma plans to invest, and how many shares does he want us to sell? "Wang Tao asked immediately.

Ma Liang saw that he was moved, and immediately quoted his own price: "100 million, 20% of the shares; or 200 million, 30.00% of the shares."

"Mr. Ma, are you talking about U.S. dollars?" Wang Tao asked cautiously after being stunned.

Now it was Ma Liang's turn to be confused, he had no idea that the other party's appetite was really big, and he opened his mouth to ask for US dollars as soon as he came up.

He could only helplessly explain: "Sorry, Mr. Wang, the settlement unit is RMB!

After all, your company has just been established, and you haven't even developed a mature product yet. The risk is very high for me to invest in you so early, and it is also a possibility of betting on the future. "

"Here, Mr. Ma, the valuation you quoted for our company is too low. Please forgive me for not accepting it." When Wang Tao heard that it was RMB, he refused without thinking.

Seeing this, Ma Liang could only persuade him: "Mr. Wang, my offer is very sincere.

You can go to the industry to inquire. For a start-up company like yours, which has not even developed a product, the valuation is already very high. "

"I'm so sorry, Mr. Ma!
My company is not short of money at the moment. If the valuation is so low, I will not consider it for the time being. "Wang Tao was dissatisfied with his offer and firmly rejected it.

Seeing that the other party was unmoved, Ma Liang stopped insisting.

After all, investing in this kind of thing is the same as doing business. What you want is what you like and what you want. If you can't agree, you can let it go first, and then bargain later.

(End of this chapter)