I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

After looking at Jiang Hao and nodding, Mr. Ma continued talking with a smile.

“I am still very optimistic about Totoro Live.”

"Especially the live streaming platforms that mainly broadcast games are also quite compatible with many games of our Tencent Group."

"Speaking of which, the cooperation between our group and Totoro Company has been going quite smoothly so far."

“Why don’t we, Tencent, continue to invest or lead the round of C financing?”

After Mr. Ma finished speaking, he raised his glass again, and Jiang Hao did the same.

But his eyes swept towards Mr. Zhang who was beside Mr. Ma.

Jiang Hao didn't feel relieved until Mr. Zhang nodded at him.

A large part of the financing work for Totoro Live was promoted by Mr. Zhang’s people.

Especially after he and Qi Jie parted ways on bad terms last time, he contacted other investors and groups, including this meeting with Mr. Ma.

It was all Mr. Zhang's work behind the scenes, even though the meaning of this impromptu dinner was quite obvious.

But for the sake of being conservative, Jiang Hao decided it would be better to confirm with Mr. Zhang.

"I have always wanted your Tencent Group to continue investing."

As soon as he finished speaking, Mr. Zhang took over the topic and helped him move the subject forward.

"Boss Ma, since you are optimistic about Jiang Hao's Totoro Live, don't think about lowering the price!"

When this valuation was mentioned, everyone present couldn't help but get excited.

Even Mr. Qi's initial contract, which did not show much sincerity, was valued at US$14 billion.

Since Ma has spoken personally today, we estimate that the valuation is at least around 16 billion US dollars.

“I remember Totoro Live’s Series B round was $3.5 million, right?”

Seeing everyone nodding, Mr. Ma put down his chopsticks and pondered for a while.

“In fact, the number of people online at Totoro Live is still quite high, but the daily and monthly active users are still relatively low.”

"As for the number of registered users, there is no mandatory real-name authentication! I won't refer to it."

“Relatively speaking, I am quite surprised by the number of paying users.”

Don’t think that it seems that Mr. Ma came here at the last minute, but these are just the data he said.

Jiang Hao knew clearly that President Ma had already done a thorough study on Totoro Live.

Whether it is the analysis report given by the analysis team behind him or the homework done by Mr. Ma himself.

At least the attention on Totoro Live's financing this time is really not low.

"Jiang Hao, I have a question that you can help me solve first. Will Totoro Live continue with the D round of financing after the C round?"

In fact, Jiang Hao had already thought about this issue.

"Based on the current development, if the financing valuation you give is high enough and the development funds are sufficient, I don't expect to proceed to the next round after the C round."

"We are going to spend more money to attract a new wave of users, figure out the user experience and business flow and financial reports, and then we will prepare for an IPO directly."

In fact, there is generally no absolute rule that companies must wait for several rounds of financing before they can go public.

It’s just that most companies assume that they will only have the scale and development to go public by the C round.

Of course, many companies actually have C+ rounds, D rounds, and pre-IPO rounds.

For example, Didi later went through more than twenty rounds of financing before it was finally listed.

Jiang Hao's company still follows a relatively traditional development model, and even though he is a tinkerer, he doesn't have the skills to do that.

"If you are confident that you will only go for the C round, I will raise the price to $18 billion!"

As soon as Mr. Ma said this number, Jiang Hao had already started calculating it in his mind.

In fact, it directly pushed the valuation of Totoro Live to tens of billions of RMB.

At this price, even if Jiang Hao really goes public, it may not be much higher.

Of course, to some extent, a company that successfully enters the C round is already a large company recognized by the market.

The "big" of this big company not only refers to the number of employees, but also the business scale and industry ranking, both of which are in an absolutely advantageous position.

Including the more important C round and subsequent rounds of company valuations, they are not much different from the future market value after listing.

The most important thing about the final listing is to turn the valuation of the equity held by individuals into an opportunity to actually cash out on the stock market.

At that time, net worth will be the real wealth.

Maybe once it goes public, if everything goes well, its market value will double its current valuation.

If things don't go well, the market value may be just over 20 billion US dollars.

18 billion US dollars is definitely a high price, at least much higher than the reserve price in Jiang Hao's mind.

"I want at least 20% of the shares."

Jiang Hao originally thought that he came here tonight to finalize the general financing intention with President Ma.

Just to bring back the situation that was caused by the breakdown in talks with Qi Jie.

After all, it has only been a week since Totoro Live started its C round of financing.

To put it bluntly, many of the company's underlying detailed data reports have only been sorted out now.

But judging from the tone of Mr. Ma's speech now, it seems that he is trying to finalize the deal with him directly!

Sure enough, when the big boss comes to the dinner, even if it is a temporary group, it is definitely not just for eating and keeping in touch.

Jiang Hao first looked at the other people around him. After all, he was not the only shareholder of the company now.

Although the others are just capital providers and investors.

However, this kind of financing still requires the knowledge and consent of the majority of shareholders.

I glanced at Professor Zheng next to me, who was still sitting quietly in his seat.

He didn't really move his chopsticks, he just simply raised his glass a few times.

Seeing him looking at me, he nodded slightly. It seemed that he was quite satisfied with the price including the equity share to be transferred.

As for Lu Weiming standing aside, he was not distracted today and listened to their conversation attentively.

Looking at the plate in front of me, it was clean.

It feels like I haven't eaten a single bite since I sat down last night! This is really rare for Brother Lu!

At this time, he nodded in agreement.

Instead, after looking at Mr. Zhang for the last time, Mr. Zhang couldn't help but speak to Mr. Ma again.

"Boss Ma, I've already told you not to lower the price. You've already asked for 18 billion, so just make it a round number! 20 billion!"

"With Totoro Live's current development momentum, it is very likely to go public! I think $20 billion is a good deal!"

As he spoke, Mr. Zhang raised his glass and looked in their direction.

Professor Zheng immediately understood and raised his glass as well.

Then Jiang Hao, Lu Weiming, Gao Yan and others also raised their glasses.

"Mr. Zhang! You are making things difficult for me!"

"I've never collected such an expensive sum!"

Although Mr. Ma said that he was in trouble, he looked very happy on the surface.

Obviously, the actual amount, even the offer of 20 billion US dollars, did not exceed his expectations.

He had already raised his glass, and several of his assistants also raised their glasses.

"Bang~!"

“Happy cooperation~!” “Happy cooperation~!”