Wind Rises 2005

Chapter 564
Just when the conference room was almost silent, Deng Feng from Northern Light Venture Capital finally spoke: "Mr. Ma, Mr. Xu, do you two know about this in advance?"

When Boss Deng speaks, the weight is different after all.

The limelight queen Xu Xin quickly shook her head: "I don't know anyway. As for whether Mr. Ma knows, you have to ask him!"

After saying that, he looked at Ma Liang with a puzzled expression, quite questioning and blaming.

I have to say that Wang Tao played this skill really well, and he had the intention of driving a wedge between Ma Liang and other investors.

If I hadn't been prepared, this kid would have succeeded.

"Mr. Deng, I only learned about it from Mr. Zhang when I was watching the test flight downstairs. If you don't believe me, you can confirm it with him!"

Although he was happy to see someone disrupt the situation, he still had to pick his own at this moment.

Zhang Sanshi was indeed a good person, and he immediately took over the words: "That's right, I only secretly told Mr. Ma right after the test flight."

He just didn't respond, and this conversation aroused people's suspicion even more.

I don't know if this guy reacted quickly on the spot, or if he and Wang Tao had already discussed it. In short, it made the water even more muddy.

At this moment, all the capital tycoons looked at Ma Liang and Zhang Sanshi in a very strange way.

You two are fooling idiots here. Only the devil would believe this if you didn't discuss it in advance!
"Mr. Ma, what do you think?" Cui Wenli, the founding partner of Maxing Investment, who was also a capital tycoon who followed up on the previous round, asked directly.

Ma Liang shrugged and responded innocently: "Mr. Cui, I'm just here to keep you company today, and I don't plan to invest in this round.

You can do whatever you want without asking me for my opinion.

However, I personally guarantee that no matter what the outcome is, [Dafeng Capital] will not cash out in advance.

[Dajiang] I am still optimistic about the company in the long term and will stay with it until it goes public. "

As soon as this was said, it was hard for other investors to say anything. After all, they didn't want to cash out, so the hype valuation was simply untenable.

"Haha, what Brother Ma said is, whenever he retreats, I will retreat."

Chai Daguan was also a man who could follow the wind and immediately agreed. He would hold Ma Liang's thigh tight to death anyway.

It doesn't matter if we advance and retreat together, even if Brother Ma asks him to take over, he will dare to take advantage of it.

After getting along for a long time, he became more and more understanding of his brother's humanity. As good brothers, how could Ma Liang be willing to let his brother suffer.

As a result, venture capital queen Xu Xin was even more ruthless: "If this is the case, then we [Capital Today] will also invest 1000 million U.S. dollars in this round, and you can decide on the remaining amount."

"Mr. Xu is so happy, so let me follow suit again. It's not much, just 500 million US dollars!"

Deng Feng of Northern Light Venture Capital took a look at the situation and immediately took a stand.

Whether it is Xu Xin or Deng Feng, they are both well-known business cards in the Chinese venture capital circle. The nature of their statements is completely different.

How the two of them made the decision is unknown to everyone, but they actually paid cash to follow the investment.

Everyone had nothing else to think about and started shouting one after another.

"The total quota is only 8000 million U.S. dollars. As a result, you two took another [-] million U.S. dollars, and there are still more than a dozen investment institutions left. How can you divide it enough?"

"That's right, don't play like this!"

"Mr. Xu, Mr. Deng, you all bought your tickets in the last round, so you should have priority to get equity.

Valuation aside for now, even if Mr. Zhang wants to invest, he will have to wait until the next round. "

The speaker was none other than the previously suffocated capital boss, Chen Liwu, chairman of Walden International. He was determined to hold more shares in Dajiang.

So now he was not afraid of offending anyone and directly targeted Zhang Sanshi.

As a result, Zhang Sanshi didn't take it seriously at all, and then said: "Mr. Chen, why bother?

You can continue to divide the [-] million quota as agreed before.

As for our Hillhouse Capital, we can directly round up another 20 million yuan. Anyway, the valuation of Series B is 10 billion U.S. dollars. Direct financing of [-] million U.S. dollars will only transfer [-]% of the shares.

It is exactly in line with the previously set ratio, and it does not disrupt the financing plan. "

I have to say that although Zhang Sanshi is not a good person, he is really good at spending money. This time, he will be completely fooled by the capital bosses here.

Over [-] million U.S. dollars were invested when it first started. Except for a handful of special cases in China, almost no one in the country was doing this.This is not a quasi-IPO round, is there any need to play it so big?
"Mr. Zhang, after all, you are also a latecomer. Even if the financing amount becomes [-] million US dollars today, we will have to wait until everyone has divided it before we can get your turn."

Cui Wenli, the founding partner of Maxing Investment, responded unceremoniously, not saving face for Zhang Sanshi at all.

Everyone finally bought a ticket, but you suddenly came to disrupt the situation.

Not only did you deliberately inflate the valuation, but you also wanted to pick the biggest peach. How could you let this guy succeed?

Zhang Sanshi still didn't take it seriously when he heard this: "No problem!
Then please seniors, please discuss it as soon as possible. After you finish dividing the cake, I will pick up the leftovers for everyone.

But before the ugly words come out, if the remaining shares are too small, don’t blame me for continuing to bid! "

He was mentally prepared. After all, he didn't buy any tickets in the previous round. He had to make this move in order to get enough shares in this round.

One hundred million US dollars is actually just a smoke bomb.

Hillhouse Capital was still at the beginning of its business, so it didn't have that much strength.Unless he continues to go to Wall Street to kneel down and lick LPs, he will not be able to handle investing so much at one time.

Everything he had done before was already discussed with Wang Tao, so he acted like this regardless of his face.

If you really want to talk about it, he just invested tens of millions of dollars in this round to survive.

But he had to get these tens of millions of dollars, so in the end he even threatened them.

It means that we all have some sense. If the share left to me is too small, I will continue to drive up prices.

"That's pretty much it, so just wait until we've finished discussing it." Cui Wenli nodded with satisfaction. At present, he no longer cares about face for his own interests.

As a result, the big guys began to discuss each other word by word, but this time there was no need to fight.

After all, the financing amount was expanded from US$[-] million to US$[-] million, which instantly made the situation much more comfortable. The atmosphere at the scene immediately became more harmonious, and there was no more blushing and thick-necked scenes.

Originally, everyone was preparing based on the quota of [-] million U.S. dollars. The restrictions were suddenly relaxed, and we didn't plan to really invest too much.

Not to mention that IDG and GGV Capital, which had previously invested, have no plans to follow up.

Even Brother Xiao Ma didn't know whether he was influenced by Zhang Sanshi. He didn't come today. He just sent an assistant to attend the meeting.

I have to say that this round of financing is very variable, and it is completely different from what Ma Liang had expected.

Chai Daguanren, Xu Xin, Zhang Suyang, Deng Feng, Huang Peihua and others looked at each other, and everyone smiled meaningfully.

By now, the Capital Bureau can declare a great success.

In the next round, those institutions that were the first to invest can do so at any time if they want to cash out and exit.

Even if you want to cash out this round, judging from the competition on the spot, there is actually no problem.

But if you exit now, the return on investment will not be so exaggerated, it will be just a normal level.But if you wait another round, the concept will be completely different.

In the next round of financing, I wonder if [Dajiang]’s company’s valuation will reach 50 billion US dollars?
If that were the case, everyone would have at least a tenfold return on investment, which is enough to brag about.

If the valuation could be higher, it would be a nightmare.

Even if only half of the shares are withdrawn in the C round and the remaining half is withdrawn in the D round, there will be at least a profit of over [-] million US dollars. This achievement can definitely become famous in the venture capital circle.

Ma Liang doesn't care so much, he will hold the shares of [Dajiang] to the end anyway.

Before the C round of financing, he did not even plan to disclose the stock exchange merger and acquisition between [Dajiang] and [GoPro] in advance, lest Wang Tao cause trouble again.

The more money invested by the investment tycoons, the happier he will be.

After all, this economic crisis will last for a long time, and making hardware is very expensive. The more funds [Dajiang] has, the better it can develop.

If it raises US$2 million in this round, it will be enough for [Dajiang] to squander it for a while, and it will be able to live quite well until the mobile Internet breaks out completely in 2010.

When the funds are in place, [Dajiang] should be completely stable, and Ma Liang no longer has to worry about Wang Tao ruining the company.

As for whether Xu Xin and others will cash out early and exit in the future, it doesn't have much impact at all.

If you have to ask his opinion, there is only one sentence: Don't worry about me, you can do whatever you want!

(End of this chapter)