Unlimited modification of Shenhao
Chapter 172: Borrowing chickens to lay eggs (page 12)
In the quiet conference room, the three old smokers were puffing away.
It involves a valuation of 70 billion, which is also the highest investment project Black Ant Capital has ever invested in.
Even for Bubble Mart, when they invested, it was only valued at 7 million.
The valuation of Spicy King is almost 10 times that of Bubble Mart.
This is an investment of several hundred million, almost squeezing out all the funds they had to recruit by begging their grandfather to sue their grandmother.
"Mr. He, are you really determined to invest in Hot King?"
Zhang Peiyuan looked at He Yu with an extremely serious expression.
Among the three partners, his status is slightly higher.
Black Ant Capital was also co-founded by him and He Yu.
"Even if you all object, I will use the privilege of compulsory investment. I have an intuition that missing out on the Hot King will make me regret it for the rest of my life!"
He Yu also knew that he could not hide his feelings from his old partner, so he spoke his true feelings honestly.
"Then vote!"
Zhang Peiyuan smiled and made the final decision.
"I believe in Mr. He's vision, I believe in your professionalism, and I believe in the strength of Shengxuan Group. If our investment fails, we will have to start over again."
"Since Mr. Zhang has made his decision, we also support Mr. He."
Chen Feng and Yang Cheng looked at each other and knew that their arms could not twist their thighs, so they both expressed their agreement.
Although the valuation of 70 billion is indeed high.
But La Wang’s terrifying turnover and net profit are indeed worthy of this valuation.
Moreover, Dong Qi had spent nearly 5 million before this to expand La Wang's stores.
The current valuation of 70 billion is not too outrageous.
After reaching a consensus with several partners, He Yu immediately called Yuan Li.
When he learned that Qi Sheng was in Hangzhou, He Yu immediately booked a ticket and flew there.
……
He Yu got off the plane and ordered a Didi.
Arrive at the Banyan Tree Hotel located in Xixi Wetland.
Qi Sheng, who was having an outdoor BBQ with the three kids, smiled and nodded at He Yu, who was brought over by Gu Feng.
"Director Qi, I am He Yu, the founder of Black Ant Capital. It's not easy to meet you."
He Yu said half with emotion and half with a joke.
"People who are too easy to see mean that they are not valuable either."
Qi Sheng smiled disapprovingly.
"Uh... that's true."
He Yu was speechless and became more and more interested in Qi Sheng.
"Try my handiwork."
Qi Sheng naturally handed the roasted chicken wings to He Yu without being too polite to him.
This is the confidence the system gave him.
Even if Lawang does not raise external funds, it is just developing a little slower.
"I happen to be hungry too, so I won't be polite to you."
He Yu took a bite without politeness and was instantly amazed, giving a thumbs up.
"Your barbecue skills are simply amazing!"
"As long as you like it, we can talk after you are full. This is also the way of hospitality in our hometown."
Qi Sheng looked at He Yu who hesitated to speak, smiled and waved his hand.
"it is good."
He Yu smiled freely and simply did as he pleased.
While eating skewers, he quietly looked at Qi Sheng.
Although Qi Sheng is only 23 years old, he has a calmness that far exceeds his age.
This is naturally very important to investors.
Many times, investing in a company is more about investing in the founder.
And Qi Sheng is undoubtedly the most important soul figure of La Wang.
The young and beautiful three little ones gave He Yu a different impression of Qi Sheng.
Romantic!
Think about it, if you have billions of assets at such a young age, how can you be short of women around you?
Even a man like him, who is ordinary in appearance and height, usually has a constant stream of beauties.
There are very few people who work in finance who are short of beautiful women around them.
What's more, investors like them control hundreds of millions of funds.
I am already tired of going to all kinds of business KTVs.
“The view from this Banyan Tree is really nice!”
He Yu looked at the scenery outside the courtyard and couldn't help but praise it.
Because it's outside in the yard.
While eating barbecue, you can watch the water system of Xixi Wetland flowing slowly in front of the yard.
The willow trees are blowing in the wind, and eating delicious barbecue makes you feel more relaxed and comfortable.
Gee, this Director Qi really knows how to enjoy life.
“Soon this won’t be called Banyan Tree.”
Qi Sheng smiled and opened the champagne that had been in the ice bucket for a while, poured a glass for He Yu and handed it over, pointing to the living room.
"Thank you."
He Yu took the champagne glass, and some of the cold wine went into his throat, which made him feel more relaxed.
"I just heard you say that this place will soon no longer be Banyan Tree. Is there something unexpected?"
He Yu followed Qi Sheng into the living room and sat opposite him.
"It's a small adjustment within the group. I just bought a hotel next to the West Lake."
"When the renovation is completed, the Banyan Tree will be listed. When Mr. He comes to Hangzhou on business, he can come and support it."
Qi Sheng was sitting on the sofa, sipping champagne, not in any hurry to talk about business.
"Uh...bought a hotel?"
He Yu doesn't pay much attention to the hotel industry.
Except for real estate companies, few people will spend hundreds of millions to acquire hotels.
It will take at least ten years to recover the cost.
Far inferior to investing in the Internet or new consumption tracks.
"It's not worth mentioning, let's talk about business."
Qi Sheng smiled and waved his hands, not intending to brag.
"Okay, regarding the 70 billion valuation proposed by Director Qi, we at Black Ant Capital can accept it. I wonder how many shares you plan to release?"
He Yu didn't need to think about it to know that the hotel next to the West Lake must be sky-high.
Without a few hundred million, it would definitely not be possible.
Even though he knew that Banyan Tree Group had nothing to do with La Wang, he still couldn't help but be shocked by Qi Sheng's wealth.
Even the astronomical valuation of 70 billion is not difficult to accept.
"Black Ant Capital is a Series A shareholder, and I plan to give you 3% of the shares."
Qi Sheng was reluctant to release too many shares.
The expansion of La Wang does require funds.
It's not his character to develop slowly.
Naturally, we can only borrow chickens to lay eggs.
Use venture capital money to develop your own business.
When the time comes, we will acquire the shares back, and it will be a perfect closed business loop.
With the power of compulsory acquisition, he naturally does not worry about venture capital being unwilling to sell shares.
As long as it is based on the current market value or valuation, the system will let the venture capital sell the shares obediently.
Of course, venture capital investors like Black Ant Capital that entered Series A will definitely make a lot of money.
But sometimes the eye that can find gold is the most important.
Spicy King is so popular that many people are optimistic about it.
The only one who dares to make up his mind to invest so quickly is Black Ant Capital.
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