Metropolis: My Rising Life
Chapter 605
Chapter 605 Chen Dashao’s dimensionality reduction blow
“The company is developing too slowly? Haha, Mr. Lin joked. Actually, I think my company has developed very quickly.”
“…Look, I am not short of funds, talents, market and flow, so how can I say that development is slow?”
“You know that I just acquired the largest short video platform in North America. It can be said that my product is now the world’s number one in the short video field.”
“…And it has only been a few months from the establishment of the company to the launch of the product to its current status. How can you say that the development is too slow?”
Chen Yi spread his hands and said with a smile.
Lin Hai’s sentence was choked back, but he naturally didn’t feel much. After negotiating with people for so many years, of course he knew that Chen Yi’s statement was actually asking for money back on the ground.
When Chen Yi invited him to come here, it actually meant that Chen Yi wanted to accept the investment of the goose factory.
Lin Hai calmly took a sip of tea, knowing that this young man is not easy to fool, especially the other party’s identity is sensitive, and occupy this unicorn enterprise, in fact, their goose factory is not dominant in many things.
If Chen Yi is an ordinary entrepreneur, then the goose manufacturer has a big business, and can also be suppressed by resource replacement. However, people Chen Yi knows can mobilize a lot of resources, ~ it is difficult for the goose factory to suppress him.
Thinking of this, Lin Hai said straightforwardly: “…Previously, Nanxing Capital had exchanged 2 billion soft sister coins for 10% of the shares of Chen’s total enterprise.”
“…Our goose factory is also willing to use the same price in exchange for 2-0% of the shares!”
Chen Yi said with a smile: “… Mr. Lin said and laughed, now and then, now I think that our company’s valuation cannot be a mere three billion US dollars.”
“…Moreover, I won’t accept the 20% shares that the goose factory wants now.”
Chen Yi is not stupid. The current valuation of the company is not high. If too many shares are exchanged now, it is risky in the future.
He estimated that he would need a total of US$2.5 billion to US$3 billion to burn the company to go public. Not all of the money difference would be enough to burn it to the market.
This is the case for corporate investment. The closer you get to the start-up period, the less money you spend and the more shares you get.
Therefore, Chen Yi gave the Nanjiyue family a round of financing.
There will probably be a gap of up to 2.5 billion US dollars. In order to accelerate the company’s development, it is inevitable to spend some more money from the goose factory now.
But at the same time, it can’t sell too many shares to the goose factory. Starting as a social field, the goose factory actually wants not to invest, but to completely control its own business and turn itself into its subsidiary.
Therefore, if the shares owned by the goose factory are too high, even if you set a rule in the company’s articles of association, you may be directly taken away by the other party.
‘First set out a portion of the money from the goose factory, and then let the company’s development enter a rising period. When the company reaches a predictable listing, then use part of the shares to get the remaining two billion US dollars. ’
‘…In this way, at the end of the ipo listing, even if all the investors and the shares in my hand have shrunk, the shares I hold can still be around 35% to 40%. ’
‘According to the company’s articles of incorporation, I still have complete control of the company. ’
This is exactly what Chen Yi designed for his own company to go public.
At that time, based on the company’s stock price, Chen Yi estimated that 40% of the shares were about 40 billion US dollars, which was Chen Yi’s worth.
If you count the starting Pinduoduo, and the two companies together, Chen Yi estimates that his assets will exceed 100 billion US dollars. You can find him from the top of the Forbes rich list.
Because of mastering the core competitiveness, Chen Yi is not in a hurry. This is the advantage of technology.
“Then President Chen, what do you mean?”
Lin Hai asked tentatively, waiting for Chen Yi to offer his bid, watching the “bargain”.
“10%, this time I will only finance 10% of the shares of the goose factory, and the funds that the goose factory needs are this amount.”
Chen Yi raised four fingers, “…Four billion soft sister coins!”(Read more @ wuxiax.com)
This is almost US$600 million, plus the 300 million previously received from his father-in-law. This price is exactly the total value of Chen Yi’s previous acquisition.
Because the acquisition is not a one-off payment, Chen Yi can have a lot of money to burn slowly.
“Do you directly value your company at 40 billion? Isn’t that too high, President Chen?”
Lin Hai shook his head and smiled: “…Not long after your company was established, it was directly valued at 40 billion yuan? You must know that your company may not be able to go public in the end.”
“… Especially now that there are more and more short video apps on the market, and the competition is getting fiercer, even our goose factory is also developing it.”
“Why do you think your company is worth so much money?”
Lin Hai’s remark is not a mockery, but in the negotiation is to suppress it in this way, so that the least cost can be exchanged for the most benefits.
Chen Yi laughed and said: “…If the goose factory is really confident in its own R&D in the field of short video, why should it raise money for me? Wouldn’t it be better for you to invest in your own R&D if you have the money?”
“… Moreover, although various short video platforms have sprung up on the market now, I still have a strong competitiveness.”
“That’s technology, it’s the core algorithm. Goose Factory has such a deep research on short video, so it must have studied our products.”
“Not to brag, at least within a year, it is estimated that no one on the market can surpass our current technology.”
“…For this type of product, what is needed is speed, to seize the market and users, and even if it is a year later, when the algorithms of other companies catch up, we will stand still?”
“A slow step is a slow step. I think Mr. Lin must understand it well.”
Chen Yi’s words made Lin Hai frown.
Because Chen Yi talked about the point that makes the goose factory most melancholy, and that is the core algorithm.
The other party is very strong in this aspect of confidentiality work, and the goose factory does not know where Chen Yi’s core algorithm comes from. It is almost the same as Temohei Technology.
Others are still developing algorithms, and you have all been updated for at least a year. This technological gap can no longer be made up simply by money.
Seeing Lin Hai’s silence, Chen Yi smiled again: “…If the goose factory is not interested, I don’t mind letting Ali invest in it, just because Ali wants to make a difference in the social field.”
·· ·····Find flowers 0 0
“…Pay b is a failure in the social field, but Jack Ma must be particularly interested in short videos and attacking the goose factory by relying on short videos.”
Chen Yi’s words are already half-threatening, and there is also a kind of meaning that you like to vote or not to vote.
“Our goose factory has the richest experience in the social field. Only if you accept our investment, Mr. Chen, can you get the most benefit.”
Lin Hai said quickly.
Chen Yi said, “…That’s why I looked for the goose factory first, but if the goose factory fails, I can only find other capital.”
“…It just so happens that our other product is about to go online, so it doesn’t matter if it is exposed at this time, just show it to both of you.”
Chen Yi took out two documents and handed them to Li Shengjie and Lin Hai, they are the Kuaishou who will be online soon.
The two took it and looked at the things in their hands in detail. After seeing Chen Yi positioning Kuaishou as a sinking market, Lin Hai’s expression changed.
This is almost the general. Chen Yi’s hand is simply a dimensionality reduction attack on the current short video platform, which does not leave a way to survive.
…….. … …….
Immediately, Chen Yi looked at Li Shengjie and said, “…Brother Li, do you want to trust me? If you trust me, I am willing to sell you 5% of the shares at a valuation of 40 billion.”
Now about 25% of the shares are exchanged for more than one billion US dollars of funds, which is enough for the company to enter a period of rapid development.
Then wait for the company to grow, and exchange about 25% of the shares for the next about 2 billion US dollars.
In this way, Chen Yi has 10% to 15% of the shares available for ipo listing, and the numbers are very safe.
Of course, the next financing can’t just go to the goose factory, it needs a lot of capital to enter the market, so as not to let a certain company have too many shares.
“Haha, I came here to find Brother Chen for this matter. Since Brother Chen has said so, can I still refuse Brother Li?”
Li Shengjie raised his brows and smiled.
“Brother Li is still refreshing!”
Chen Yi laughed too.
If you are in the future, you will of course know that the goose factory is actually making a lot of money.
But now only Chen Yi himself knows that he will succeed, so it is not so easy to ask others to pay, especially the failure of ofo, which has brought a haze to countless capitals.
To say that this ofo was done by Chen Yi.
Three billion U.S. dollars. If you rely on the system and the level remains the same, it will take about twenty years to make up three billion U.S. dollars.
This makes Chen Yi slander, the system is not powerful!
Lin Hai listened to Chen Yi and Li Shengjie’s words, and suddenly suspected that Li Shengjie would not be a trust.
He hesitated and said helplessly: “…I need to go back and discuss this matter with other management.”
Even so, Chen Yi knew that the investment was actually right.
He immediately said: “…I hope Mr. Lin can move faster. The company is short of money. The sooner your funds arrive, the better.”
“…By the way, don’t install installments, you have to pay all at once!”
Lin Hai almost rolled his eyes, grandma’s, you’re really good at it, didn’t you just say that your company is not short of money!
However, the form is stronger than the human, and he can only agree. zero.
Read more @ wuxiax.com. Chinese MTL Fan-Fiction/Second Element novel can be read @ HotMTLNovel for free.
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