Completed Salted Fish's Self-help Strategy
Chapter 364
Even with the above benefits, the direct dilution of equity, chuyuanxi still feel a big loss, after all, he is ready to make a big profit, so he will use high profits for gambling. However, there must be a bet on gambling. Chu Yuan Xi since lion big mouth, presumably he took out the bet is also extraordinary.
Yuan Jing knew that the most valuable content today would be presented to him, and he held his breath.
Chuyuanxi said: "if the total operating net profit can not reach 200% of the previous round a valuation in the next three years, assuming that the current round valuation is 1 billion, and the main business will not earn 2 billion in the next three years, the founder team promises to compensate the investors for 40% of the equity before the current round of financing."
Yuan jingnaran: "you and other founders have been through the ditch?"
"No, but I personally own 40% of the equity of Ba Ren entertainment, and I have 10% of the options, so I have the ability to cover all the losses. However, it should be noted that I am talking about the "operating" net profit, that is to say, dividends will not be affected, and foreign investment will not be affected, regardless of the loss or gain. However, if the subject matter of M & A belongs to the main business, it needs to be counted. "
Yuan Jing sat at the table.
High gambling means that both sides take out things are high, it is impossible for chuyuanxi to take advantage of them, it is impossible for him to be invincible.
Chu Yuanxi's meaning is very clear, that is, as long as the money earned or lost through normal business activities is included in the statistical caliber, the money earned or lost through "non business activities" is not included in the statistical caliber, and the money earned from business operations can be dividends, which does not affect the statistical caliber.
A more understandable expression is: even if Chu Yuanxi takes all his money out to buy a house, and then the house price plummets, it will not affect the completion of gambling, because buying a house is a non business activity.
This condition is easy to understand. In gambling, what investors need to see is the earning power of Ba people's entertainment. As for poor investment, it's another matter. It's not something that must be concerned about in gambling.
This is no problem, the problem is Chu Yuan Xi promised the number! Assuming a pre financing valuation of 1 billion yuan, the operating profit and loss he will complete in three years is a net profit of 2 billion yuan! Is it possible to make 700 million yuan a year and 50 million yuan a month?
It seems possible to write 7 pieces of knowledge sharing every month
It's a big bet. Yuan Jing made a quick mental calculation. This commitment is quite stable. This 200 million investment will either increase to 800 million or get 56.6% of the equity of Ba Ren entertainment. Ba Ren entertainment will look like more than 350 million. You know, after the headline "gone with the wind", when he came, he was ready to accept a 1 billion valuation.
It seems that as long as chuyuanxi doesn't launder money or empty the company, it's cost-effective. However, he just didn't know where chuyuanxi's confidence came from? Is it because allin can open up money laundering without psychological burden? Are you overconfident?
Chuyuanxi is also sighing. He blames the world for being too salty. He doesn't have high spirits. Boss yuan, who is so ambitious and ambitious in the original world, is so cautious in order to make such an investment. He is guilty, guilty! Where is your confidence?
People with "ambition" may say at this time: are you such a bull? I don't earn your money. Good luck. In fact, it's not ambition, it's confidence.
Inexperienced people will lose interest because the proportion of loss is not ideal. What they are interested in is the kind of investment that can make hundreds of times and thousands of times. Only after losing hundreds and thousands of times can they gain experience.
People who are not confident will repeatedly calculate the loss to gain ratio to ensure that their investment is always profitable. In fact, what they calculate is what they can see, and traps are traps because they can't see. It's this kind of people who are easy to be trapped. They don't know that free things are the most expensive, and they don't know that "no matter how you look, you won't lose" is the source of loss.
Yuan Mu used to have the above three characteristics at the same time, and later became a professional under the guidance of her brother.
Microsoft's interview question "Pirates share gems" is the most telling one. Five extremely intelligent pirates are divided into 100 gems of the same value. The pirates first rank them, and then put forward the distribution scheme in order. If more than half of them agree, they will divide them according to this scheme. Otherwise, the person who proposed the scheme will be killed, and the next one will continue to propose the scheme. The question is how to put forward the plan of pirate 1?
In theory, the optimal allocation scheme of No. 1 is to give 97 to oneself, No. 2 to none, one to No. 3, two of No. 4 and No. 5, and the other to none. Among them, No. 1 will definitely agree, one of them will agree, and No. 3 will agree.
The problem is that if ordinary people go to No. 3, they will not agree. Instead, they will be angry.
However, when Yuan Jing made the 3rd, he would certainly agree that his mood had long been detached from ordinary people, which was very clear to chuyuanxi. He will not be angry, nor will he be misled by the temptation of hundreds or thousands of times of income, nor will he enter the loss trap.
But now, his imagination is limited by the bad investment situation. Now, he can't put in Didi, headlines or even pinduoduo. It is impossible for investors to grow awesome, but that's another story.Seeing that Yuan Jing was deep in thought, Chu Yuanxi stood up and walked around the small teahouse twice before saying, "it's impossible not to gamble. It's impossible to invest 200 million yuan, accounting for 16.6% of the enterprises with a valuation of 100 billion yuan. Although this is only a hundred times, it seems that venture capital is not outstanding? But it's not the same 100 times that two million dollars and two hundred million dollars. "
"So it is." Yuan Jing didn't look up, his head was facing forward, staring at the tip of the needle in front of him, and said, "you know, inflation basically comes from inexplicable self-confidence, and you shouldn't be inflating now..."
"Ha ha ha ha --" chuyuanxi laughs happily again, "I'll tell you the truth. You think I'm inflated. If I say to you: let you invest in Ba people, I'll take you to make money, take you to fly, and let you find the right exit for the capital in the capital winter, will you treat it as heart to heart?"
Yuan Jing gave a wry smile: "the question is, do you think it's too easy to make money? What gives you the confidence to make so much money? "
"Eyes!" Chu Yuanxi pointed to his eyes: "from the perspective of people, I can see that your brother and sister and Li Jingfei are worthy of cooperation; I can see that uncle Sheng, Zhu Xiang and Jiaotu are able to help me do things. From the perspective of things, I can see that "Jingsheng anchor" has no good end; I can see that the snow project has potential. From the perspective of the market, I don't have to brag. I started with 4 million yuan and got a billion yuan valuation enterprise in five months. Even if I don't have confidence, you should have confidence in me! "
Then he went to Yuan Jing's back and said angrily, "look at you now. Do you look like the head of a 10 billion level fund? You don't look at the target of an enterprise, don't look at the ceiling, but look at the current valuation? You don't even have the courage to pat your head. You are not as good as an individual investor like Li Jingfei! What is the most important thing for investors in your mind? Tell me
"Yes Brave. " Yuan Jing bowed his head deeply. This is what he said after he made a series of large investments in 2008. It was a model of zhangbility in the investment circle.
Fan Li, a famous official in the spring and Autumn period, helped Gou Jian, the king of Yue, settle the state of Wu. He took Xi Shilang to Shandong Province to make pottery. He called himself the Duke of Tao and Zhu, and then began to do business. Within 20 years, he threw thousands of dollars into business. He could also become a world-famous business idol in the ancient times.
At that time, Yuan Jing also relied on his courage at the critical moment to bring Zheng de from an unknown small fund to a scale of tens of billions, and his prestige was so high that he made a great contribution to Zheng de Zhong.
Yuan Jing knew that the most valuable content today would be presented to him, and he held his breath.
Chuyuanxi said: "if the total operating net profit can not reach 200% of the previous round a valuation in the next three years, assuming that the current round valuation is 1 billion, and the main business will not earn 2 billion in the next three years, the founder team promises to compensate the investors for 40% of the equity before the current round of financing."
Yuan jingnaran: "you and other founders have been through the ditch?"
"No, but I personally own 40% of the equity of Ba Ren entertainment, and I have 10% of the options, so I have the ability to cover all the losses. However, it should be noted that I am talking about the "operating" net profit, that is to say, dividends will not be affected, and foreign investment will not be affected, regardless of the loss or gain. However, if the subject matter of M & A belongs to the main business, it needs to be counted. "
Yuan Jing sat at the table.
High gambling means that both sides take out things are high, it is impossible for chuyuanxi to take advantage of them, it is impossible for him to be invincible.
Chu Yuanxi's meaning is very clear, that is, as long as the money earned or lost through normal business activities is included in the statistical caliber, the money earned or lost through "non business activities" is not included in the statistical caliber, and the money earned from business operations can be dividends, which does not affect the statistical caliber.
A more understandable expression is: even if Chu Yuanxi takes all his money out to buy a house, and then the house price plummets, it will not affect the completion of gambling, because buying a house is a non business activity.
This condition is easy to understand. In gambling, what investors need to see is the earning power of Ba people's entertainment. As for poor investment, it's another matter. It's not something that must be concerned about in gambling.
This is no problem, the problem is Chu Yuan Xi promised the number! Assuming a pre financing valuation of 1 billion yuan, the operating profit and loss he will complete in three years is a net profit of 2 billion yuan! Is it possible to make 700 million yuan a year and 50 million yuan a month?
It seems possible to write 7 pieces of knowledge sharing every month
It's a big bet. Yuan Jing made a quick mental calculation. This commitment is quite stable. This 200 million investment will either increase to 800 million or get 56.6% of the equity of Ba Ren entertainment. Ba Ren entertainment will look like more than 350 million. You know, after the headline "gone with the wind", when he came, he was ready to accept a 1 billion valuation.
It seems that as long as chuyuanxi doesn't launder money or empty the company, it's cost-effective. However, he just didn't know where chuyuanxi's confidence came from? Is it because allin can open up money laundering without psychological burden? Are you overconfident?
Chuyuanxi is also sighing. He blames the world for being too salty. He doesn't have high spirits. Boss yuan, who is so ambitious and ambitious in the original world, is so cautious in order to make such an investment. He is guilty, guilty! Where is your confidence?
People with "ambition" may say at this time: are you such a bull? I don't earn your money. Good luck. In fact, it's not ambition, it's confidence.
Inexperienced people will lose interest because the proportion of loss is not ideal. What they are interested in is the kind of investment that can make hundreds of times and thousands of times. Only after losing hundreds and thousands of times can they gain experience.
People who are not confident will repeatedly calculate the loss to gain ratio to ensure that their investment is always profitable. In fact, what they calculate is what they can see, and traps are traps because they can't see. It's this kind of people who are easy to be trapped. They don't know that free things are the most expensive, and they don't know that "no matter how you look, you won't lose" is the source of loss.
Yuan Mu used to have the above three characteristics at the same time, and later became a professional under the guidance of her brother.
Microsoft's interview question "Pirates share gems" is the most telling one. Five extremely intelligent pirates are divided into 100 gems of the same value. The pirates first rank them, and then put forward the distribution scheme in order. If more than half of them agree, they will divide them according to this scheme. Otherwise, the person who proposed the scheme will be killed, and the next one will continue to propose the scheme. The question is how to put forward the plan of pirate 1?
In theory, the optimal allocation scheme of No. 1 is to give 97 to oneself, No. 2 to none, one to No. 3, two of No. 4 and No. 5, and the other to none. Among them, No. 1 will definitely agree, one of them will agree, and No. 3 will agree.
The problem is that if ordinary people go to No. 3, they will not agree. Instead, they will be angry.
However, when Yuan Jing made the 3rd, he would certainly agree that his mood had long been detached from ordinary people, which was very clear to chuyuanxi. He will not be angry, nor will he be misled by the temptation of hundreds or thousands of times of income, nor will he enter the loss trap.
But now, his imagination is limited by the bad investment situation. Now, he can't put in Didi, headlines or even pinduoduo. It is impossible for investors to grow awesome, but that's another story.Seeing that Yuan Jing was deep in thought, Chu Yuanxi stood up and walked around the small teahouse twice before saying, "it's impossible not to gamble. It's impossible to invest 200 million yuan, accounting for 16.6% of the enterprises with a valuation of 100 billion yuan. Although this is only a hundred times, it seems that venture capital is not outstanding? But it's not the same 100 times that two million dollars and two hundred million dollars. "
"So it is." Yuan Jing didn't look up, his head was facing forward, staring at the tip of the needle in front of him, and said, "you know, inflation basically comes from inexplicable self-confidence, and you shouldn't be inflating now..."
"Ha ha ha ha --" chuyuanxi laughs happily again, "I'll tell you the truth. You think I'm inflated. If I say to you: let you invest in Ba people, I'll take you to make money, take you to fly, and let you find the right exit for the capital in the capital winter, will you treat it as heart to heart?"
Yuan Jing gave a wry smile: "the question is, do you think it's too easy to make money? What gives you the confidence to make so much money? "
"Eyes!" Chu Yuanxi pointed to his eyes: "from the perspective of people, I can see that your brother and sister and Li Jingfei are worthy of cooperation; I can see that uncle Sheng, Zhu Xiang and Jiaotu are able to help me do things. From the perspective of things, I can see that "Jingsheng anchor" has no good end; I can see that the snow project has potential. From the perspective of the market, I don't have to brag. I started with 4 million yuan and got a billion yuan valuation enterprise in five months. Even if I don't have confidence, you should have confidence in me! "
Then he went to Yuan Jing's back and said angrily, "look at you now. Do you look like the head of a 10 billion level fund? You don't look at the target of an enterprise, don't look at the ceiling, but look at the current valuation? You don't even have the courage to pat your head. You are not as good as an individual investor like Li Jingfei! What is the most important thing for investors in your mind? Tell me
"Yes Brave. " Yuan Jing bowed his head deeply. This is what he said after he made a series of large investments in 2008. It was a model of zhangbility in the investment circle.
Fan Li, a famous official in the spring and Autumn period, helped Gou Jian, the king of Yue, settle the state of Wu. He took Xi Shilang to Shandong Province to make pottery. He called himself the Duke of Tao and Zhu, and then began to do business. Within 20 years, he threw thousands of dollars into business. He could also become a world-famous business idol in the ancient times.
At that time, Yuan Jing also relied on his courage at the critical moment to bring Zheng de from an unknown small fund to a scale of tens of billions, and his prestige was so high that he made a great contribution to Zheng de Zhong.
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