Wind Rises 2005

Chapter 381 You Are Still Ruthless!

"Your request is too embarrassing, IDG has never had such an investment precedent.

Mr. Ma, I'm really sorry. It seems that we can only cooperate again when we have the opportunity in the future. "In the office, Zhang Suyang, a partner of IDG, finally rejected him after listening to the financing conditions.

What kind of existence is IDG? It is a well-known large investment institution in the venture capital circle all over the world.

I don’t know how many projects are invested every year, and unicorn companies are not a big deal, so how could they agree to such excessive financing conditions.

Not to mention Zhang Suyang, who is like a godfather in the Huaxia venture capital circle, many entrepreneurs are begging to support him, let alone Ma Liang's temper.

There are two successful investment cases of Ctrip and Home Inns in unicorn companies. They have boasted enough in this life, and of course they have the capital to be proud of.

The other party refused so flatly, and Ma Liang didn't want to force it.

Originally, the 20 billion valuation alone was enough to make many investors quit, not to mention that he had to cash out in advance.

If he didn't scold the street on the spot, he would already be doing Boss Ma a lot of face.

So Ma Liang replied politely: "It's okay, Mr. Zhang doesn't need to be too polite, we still have a chance to cooperate in the future."

"Yes, yes, Mr. Ma, you voted for [Dajiang UAV] before, we can work together on that project." Zhang Suyang hurriedly added another sentence.

He asked his investment manager to do some research and found that the prospect of [Dajiang] was really good.

If we can make a game together, in Zhang Suyang's opinion, it will be much more attractive than Ma Liang's catering business.

Ma Liang was courteous for a while, then very politely sent this President Zhang away.

There is no need to be angry because people don’t invest in business. After all, you are a capital tycoon, and there may be more project cooperation in the future.

But having said that, Ma Liang was somewhat disappointed with Zhang Suyang.

The same is true for Li Yongjin who met last night. They all rejected his financing request, which is a bit surprising.

A partner of IDG and an executive director of JAFCO Asia are so petty. Compared with Xu Xin, the queen of venture capital, he is far behind.

If it wasn't for the fact that the two of them got mixed up and went back, they still lacked some structure.

In the afternoon, Ma Liang welcomed the second investor in the office, Huang Peihua (of GGV Capital).

It is still the same process, the same negotiation skills, but the result is very different.

"Mr. Ma, you mean Mr. Xu of Capital Today has decided to invest?" Huang Peihua confirmed very seriously.

Ma Liang replied calmly: "That's right, the total investment in the three projects is [-] million."

"It's really worthy of being the queen of venture capital. This courage makes many bigwigs in the venture capital circle feel inferior." Huang Peihua couldn't help sighing.

Ma Liang smiled slightly, and then asked, "Mr. Huang, what is your decision?"

"Vote, since Boss Xu has such courage, then I can't be underestimated by Boss Ma." Huang Peihua readily agreed.

To be fair, GGV Capital, a USD fund, is much richer than Capital Today.

Ma Liang was very happy when he heard the words: "That's great, Mr. Huang is generous!"

This person in front of me is indeed a well-known sign among the female investors in the Huaxia venture capital circle in the previous life, and her reputation is indeed well-deserved.

They have also voted for many unicorn companies, and escorted many companies to list on NASDAQ, with a remarkable record.

"Mr. Ma, don't be so busy being happy.

You must know that I am different from Mr. Xu, and I am not the only one who has the final say on GGV Capital, so the investment amount is not as high as today's capital.

How about this, let’s vote 5000 million for 【Liupo Braised Chicken and Rice】.

As for the other two brands, each is 2500 million, which just makes up a whole number. Do you think it's okay? "Huang Peihua said it unhurriedly.

This is already very interesting, Ma Liang may not agree: "Okay, that's great, thank you Mr. Huang for your strong support!"

Although not as much as Xu Xin invested, the total investment of [-] million yuan is also very large.

Compared with Zhang Suyang and Li Yongjin, the female partner of GGV Capital in front of her is obviously of a higher level.

Today's capital invested [-] million yuan, plus [-] million yuan from GGV Capital, a total of [-] million yuan was obtained.

Although he can only cash out [-] million for the time being, the big problem has been solved for Ma Liang, at least he doesn't have to worry about not having the strength to follow up on Twitter's next two or three rounds of financing.

And because the VIE structure has been prepared in advance, the cash-out part of the equity transaction is directly carried out overseas, and even tax is exempted.

The [-] million cash-out funds, Ma Liang can use LP capital injection at any time to directly invest in the private equity fund of [Gale Capital].

I have to say that the VIE structure is a great invention, and it is simply too convenient for domestic founders.

It is not only beneficial to capital operation, but also has strong protection.

Comrade Ma in his previous life took advantage of the loopholes in the rules of the VIE structure and put Softbank and Yahoo together.

Unilaterally did not recognize the VIE agreement and forcibly split Alipay from Alibaba.

As a result, Softbank and Yahoo had nothing to do with Comrade Ma. Although a compensation agreement was signed later, generally speaking, the two investment institutions lost a lot of money.

Ma Liang's small business, of course, can't do such a dishonorable thing.

But the VIE structure is extremely convenient for his capital operation.

Usually, the VIE structure will set up many affiliated companies, including WFOE (wholly foreign-owned enterprise), offshore equity entity BVI company (Xiangjiang shell company), Cayman company (overseas listed entity) and so on.

Through a series of connected transactions and profit distribution methods, not only can funds be easily deployed, but also the original shareholders and founders can be exempted from part of the tax burden of personal income tax.

These operations are all legal and compliant, and are not considered tax evasion.

It can only be said that the capital operation methods of the rich are far beyond the imagination of ordinary people.

Now that there are huge investments from two big institutions, Capital Today and GGV Capital, I will have more confidence in negotiating with other investment institutions.

In the next few days, Ma Liang kept receiving visits from various investment institutions.

The negotiation method remains the same, with a tough batch.

Although most investors chose to give up after listening to his financing conditions, there are still some ruthless people who are willing to follow up.

This includes Wu Shenjun, a partner of Jinshajiang Venture Capital who had met once.

Although not that powerful, Mr. Wu also invested a huge sum of 3000 million yuan, and the three brands each contributed 1000 million yuan.

Wu Shenjun had personally witnessed Ma Liang's counterattack all the way from his infancy, so he knew the roots and the bottom line.

Although he didn't pay too much attention in the middle, but now that Ma Liang is about to soar into the sky, he can't sit still. There is no reason why such a reliable founder should not invest in it.

……

Seeing that this round of financing was about to be full and the window was about to close, Chai Jin finally came to his door.

As soon as Ma Liang explained the situation, Chai Daguan was completely dumbfounded, and only hated himself for taking it lightly and coming too late.

During this period of time, Chai Jin ran around again to conduct a new round of fundraising for the second phase of the fund.

Boss Chai has great ambitions, and the second phase of [Tianhao Capital] private equity fund directly went to talk about the scale of 20 billion.

But he had just raised 5 million yuan, so he had to rush to talk to Ma Liang about investment.

Mr. Chai is in a panic. If he comes a few days later, the financing quota of the three projects of the younger brother will be divided up, and nothing will be left for him.

As soon as he heard that the situation was urgent, he immediately flew back to Shanghai.

"Brother, you are still ruthless!
If I have to come a little later, wouldn't it be impossible to invest a dime? " Chai Jin complained angrily.

Ma Liang shrugged, and replied with an innocent face: "I told you on the phone, brother, and you didn't take it to heart."

"Kao, as far as your financing conditions are concerned, even an investor will not agree easily.

Who the hell would have known that there would be so many people on the pole, all of them looked like the money was blown by the strong wind." Chai Jin responded angrily.

Ma Liang smiled smugly: "Brother, are you still voting or not?"

"Is there even a need to ask? You must vote!
I don't care, bro, you have to release more credit.

On average for the three projects, [Tianhao Capital] invested 1.5 million yuan, and as an angel investor, I also invested 1.5 million yuan.

If I make up [-] million yuan, I will have face when I say it.

I happen to still have some money lying in foreign banks to earn interest, so I might as well invest it with you. " Chai Jin demanded with a deadpan face.

The more you play private equity, the more enthusiastic Chai Daguan is.

The capital game is so much fun, and the quick money coming in is much more enjoyable than doing traditional business before! ——
PS: I personally think that this part of the investment and financing content is quite important. There are a lot of dry goods in it, which can be regarded as a small climax of the business line.

However, it seems to be too far away from the lives of most book lovers, and the feedback is not very good.

Fortunately, it is almost finished, and a new plot will be launched next, thank you for your support!

(End of this chapter)