Sprinkle coins every day

"I think so too, but it's a pity that the group has no extra funds to inject into the Green Orange Group." Zhang Shuo spread his hands, and he is also powerless now.

Not even a small goal can be taken out.

"Is that possible to consider the franchise model?" Pei Weiping was already prepared, "In the past few days, the phone calls of the Green Orange Group have almost exploded, and they are all asking to join."

"Do you think that after the franchise is opened, quality control can be done well?" Zhang Shuo asked back.

"Uh, this..."

Pei Weiping didn't dare to guarantee it, and obviously knew that once the franchise was opened, it would inevitably be good and bad. "But right now is the time when users have the highest recognition for Qingcheng Xiaozhu. It would be a pity if we don't do something."

"Then get financing."

Zhang Shuo finally made up his mind, "Take out 20% of Qingcheng Group's shares and conduct a round of financing."

"What, what?"

This time not only Pei Weiping, Jiang Yue beside him was also shocked.

Is the sun coming out west?

All Germination executives know that Zhang Shuo, the big boss, has always been very resistant to financing. So far, the Germination Department has never raised money outside.

"Don't look at me like that."

Zhang Shuo himself is very calm, "I was opposed to financing before. First, I have a bad sense of capital. There is nothing to avoid. Second, I am opposed to financing at the start-up stage of a subsidiary. Not only is the valuation low, but it is easy to lose the right The dominance of the company. The situation has changed now.”

Since the development of Qingcheng Group, it has become half a giant.

It happens that there is a lack of development funds, so it is acceptable to give up part of the equity appropriately.

Zhang Shuo was able to change his thinking because he felt that the sprouting group's own hematopoietic ability and funds were limited, and it was impossible to take into account the development of all subsidiaries.

It can only be a trade-off.

Concentrating its own funds on the research and development of core technologies, for the Qingcheng Group, which focuses on local life services, it can be properly opened up.

I didn't expect to say how much profit the Green Orange Group could generate.

"The key is to ensure that the group still has a controlling stake in Qingcheng Group, and at the same time ensure that investors will not interfere with the daily operations of Qingcheng Group."

Although he agreed to raise funds, Zhang Shuo still drew two red lines.

These two red lines are to ensure that the business model of the Green Orange Group will not be subverted, the business conscience will not be tarnished, and Zhang Shuo's "ideal of beating workers" will continue to be practiced.

It will not change color immediately after introducing investors, and go with the capital.

That goes against Zhang Shuo's original intention.

If you look deeper, this is actually a foreshadowing planted by Zhang Shuo.

According to the current business philosophy, Qingcheng Group is following the route of "environmental protection, sanitation, and high cost performance", which is destined to be impossible to be a highly profitable enterprise.

Quite the opposite.

In terms of food hygiene, social security for delivery staff, and environmentally friendly tableware, a huge amount of guarantee funds will continue to be invested, further weakening the profitability of the Green Orange Group.

This obviously runs counter to the original intention of venture capital.

In the future, there will really be differences of opinion. With Germination firmly controlling the controlling stake in Qingcheng Group, the investment institutions that entered through financing must either accept the reality of low returns, or exit on their own.

maybe.

Qingcheng Group can also take advantage of this financing opportunity to prostitute a wave of investors' money for nothing.

Of course, if you are an investor who pursues stable and long-term value investment, it is definitely a very cost-effective deal to intervene in Qingcheng Group at this time, and it will not really make investors suffer.

If Qingcheng Group really becomes an investment black hole, that's not a good thing either.

"What about valuation?"

What Pei Weiping cares about is how much liquidity can be obtained through this round of financing.

"The specific valuation needs to be calculated by the Group's Investment and M&A Department. At the same time, it also depends on which assets will be merged into Qingcheng Group. My opinion is that the shares of Haode Map and the two assets of Qingcheng Building should be injected into Qingcheng Group, in order to increase the valuation of Qingcheng Group."

Injected into Qingcheng Building, the corresponding mortgage loan will of course be transferred to Qingcheng Group.

It can be said to kill two birds with one stone.

"In this case, the valuation of Qingcheng Group will go to 100 billion no matter what."

Pei Weiping was very excited.

To put it simply, the Green Orange Group has more than one billion worth of stores in Binhai City alone, and with the shares of Haode Map and Green Orange Building, the value of these alone is close to 30 billion.

No wonder the overall valuation is not high.

"Ten billion? Too low."

Zhang Shuo's heart is even bigger, "Have you ever thought about how much development potential and value the Green Orange Coffee, Green Orange Milk Tea, Green Orange Bicycle, and Green Orange Power Bank will have in the future?"

"Uh, this is really hard to evaluate."

Pei Weiping was also in a bit of trouble. The development potential of the Green Orange Group really couldn't be controlled by common sense.

In fact, the most important thing is that there is Zhang Shuo, a strategist like Zhang Shuo, behind the Green Orange Group. In addition to these new businesses now, it will also make efforts in taxi-hailing and community group buying in the future.

The potential is immeasurable.

Of course, these new businesses, without exception, are money-burning machines.

Even in 2021, the original time and space, the local life service sector of giants such as Ari and Meituan will still suffer losses due to investment in new businesses such as vegetable selling and community group buying.

The road to profitability is elusive.

It is precisely because of this that Zhang Shuo agreed with Qingcheng Group to let go of financing, and he could not keep sucking the blood of Germination.

"The valuation of Qingcheng Group should be above 150 billion no matter what."

Zhang Shuo set the tone.

It wasn't that he was greedy, the former Time and Space Qiandu spent more than 130 billion on the acquisition of Jiuyi Assistant.

Is it expensive?

Not expensive at all.

Whether the valuation of Qingcheng Group is high or not does not depend on the current value, but on investors' expectations for the future of Qingcheng Group. With the budding gold brand name and the current popularity, it is normal for the valuation to be high.

Not high is not normal.

"Also," Zhang Shuo looked at Jiang Yue, "contact Binhai City Venture Fund, Industrial Fund and Chengtou, or Chengtou in Yangcheng, Modu, Jingshi and other places to see if these investment institutions are interested. If they have Interested, then we will give priority to cooperation with these investment institutions.”

Don't look at Zhang Shuo's big mouth, and reported a valuation of 150 billion when he came up, but with the future development potential of Qingcheng Group, investing at this time is definitely a bloody profit.

In this case, of course, it is necessary to pay close attention to investment institutions with official backgrounds.

Fertilizer water does not flow into the fields of outsiders.

As for venture capital such as Scarlet Capital, the relationship between them has become such a mess. Even if Scarlet Capital gives a premium valuation of 200 billion, Zhang Shuo has no interest in cooperating.

"Should be interested."

Jiang Yue also understood.

She is very aware of how much pressure and criticism Germind is under because of the Department's refusal to raise funds from outsiders. Opening up now is also a relief.

Naturally, she raised her hands in agreement.

.........

The fact is also the same. After the news that the Green Orange Group will start the A round of financing was released, it immediately set off a huge wave in the investment circle, and countless investors came to hear the news like wolves.

The threshold of the Green Orange Group is almost broken.

"Heaven has eyes, Germination is finally enlightened." Some investors wept with joy.

"It's okay, it's okay, Meng Wang didn't get it right, and finally returned to rationality."

"I don't know if the other subsidiaries of the Germination Department will open their mouths."

Capital is indeed greedy.

Before the fat meat of Qingcheng Group was eaten, it began to think about other subsidiaries of Germina, such as Jade Bird Interactive Entertainment, Qinghe Technology, Qingyun Data, and Maili Technology, all of which are high-quality investment targets.

Gluttonous!

Facing the swarm of investors, Pei Weiping was not at all afraid, and calmly put forward three conditions.

1. Only 20% of the equity in the A round of financing is sold

2. Only accept financial investment, not strategic investment, let alone interfere with the daily operation of Qingcheng Group

3. In this round of financing, Qingcheng Group is valued at 160 billion

Since Zhang Shuo, the big boss, has made bold words, Pei Weiping naturally doesn't mind continuing to increase the price. Under the suggestion of the investment and acquisition department, he will comprehensively consider the green orange coffee, green orange milk tea, green orange bicycle, and green orange power bank. The development potential has increased the valuation by another billion, reaching an astonishing 160 billion.

This discourages many investors.

Large organizations like the Pirates Saint Group cannot accept that they cannot interfere with the operation of the Green Orange Group. If the management team of the Green Orange Group is allowed to fiddle with themselves, what are they going to do?

Small and medium-sized investment institutions cannot accept the high valuation of 160 billion.

The result is of course nothing but joy.

As soon as the three conditions are met, more than [-]% of the investors will be screened out at once, and only the investors with both strength and sincerity will be left.

Among them are institutions such as Binhai City Investment.

.........

"Student, can Fenglei Fund participate in the A-round financing of Qingcheng Group?"

Because of the limelight, even Chen Lu was moved.

"Forget it, the Fenglei Fund's funds should be saved and invested in other projects. The Qingcheng Group project is too big, and the Fenglei Fund is too small to handle."

Zhang Shuo injected [-] billion into Fenglei Fund, [-] million was invested in stocks, [-] million was purchased in corporate bonds discovered by Germination Group, leaving only [-] million funds left.

I invested in Bubble Mart before.

Green Orange Group's A-round financing needs to absorb a huge amount of 32 billion at one time. Even if it only subscribes 1%, it needs to take out 1.6 million in real money.

It is indeed not something Fenglei Fund can play.

.........

"Sprout, Zhang Shuo!"

Tan Chairen, vice president of Scarlet Capital, gritted his teeth, feeling very depressed recently.

He was publicly humiliated by Zhang Shuo at the Internet conference, and then his investment in Lansi Technology was abandoned halfway, and then he attacked Particle Fund, which ended in failure every time.

Lu Kai is not bragging.

As the former head of Huaxia of Pirates Saint Group, in terms of connections and skills in the investment circle, Tan Chairen is indeed not as good as a horse, and he is played around by Lu Kai.

It has become a joke in the venture capital circle.

On the contrary, Particle Fund, under the personal command of Lu Kai, frequently attacked cities and conquered territory, and made great contributions to the layout of the upstream and downstream industrial chains of Maigli Technology.

It is very eye-catching.

Recently, the A-round financing incident of Green Orange Group broke out. There were senior executives in Scarlet Capital, and they had the cheek to sign up, thinking that Germinal Group might use this to ease the relationship with Scarlet Capital.

Come and laugh away all grievances.

Unexpectedly, Germinal didn't give any face at all, and refused directly.

Make Scarlet Capital unable to step down again.

"This beam is really getting bigger and bigger." Tan Chairen's eyes were dark.

"Since Mengya doesn't know how to flatter, don't blame us for doing everything right. Doesn't Qingcheng Group want to make a big splash in the local life service field? Let's wait and see."

Scarlet Capital is not without cards. It has investments in Meituan and Dacong Dianping. It is also an investor in Dolphin Travel and Camel Travel. deep.

He really wasn't afraid of competing with the Green Orange Group.

.........

Tenda Building.

The second master has been really troubled recently. Tengda has just completed the layout on the game live broadcast track, and before it has time to celebrate, the local life service business has been hit hard again.

Wicked hey.

As a result, Erye hadn't waited for Da Cong Dianping's crisis public relations plan, and there was news that Qingcheng Group was going to raise a round of financing.