I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 504 AB Equity Structure
With more than 20 likes and comments, I know you better than your colleagues.
More than 50, I know you better than your classmates.
More than 100, I know you better than your parents.
More than 200, I know you better than your husband (mother-in-law).
Over 300, I know you better than you know yourself!
This is the recent online evaluation of Haijing short video personalized recommendation.
A large number of tweets expressing fear of big data actually further promoted the development of Haijing short videos.
This is also one of the concepts that Jiang Hao is selling in this round of financing. At least the valuation will be raised a lot because of the overall big data.
"Mr. Jiang, after Haijing Technology's Series A financing, what are your next development plans?"
"Should we continue to spend money on promotion? Will Haijing be able to generate its own independent revenue in the future?"
Mr. Zhang, wearing a high collar, had a serious expression on his face at the moment, thinking about the business model of Haijing Short Video, including the way to make money.
After all, it is capital that specializes in A and B round investments in the Internet field, so it is natural for them to have judgment on whether a certain project can be promoted.
For example, Haijing short video. Based on the performance in the past month, no one here will deny how far it is before Haijing’s user registration reaches hundreds of millions.
But for an Internet company, profitability is ultimately what matters!
At least from his current perspective, the Haijing platform seems to have no better profit channel except for the advertisements on the app startup page.
"Mr. Zhang, don't worry about this. I have already considered the profit."
“At present, it is mainly initial promotion, focusing on cultivating excellent creators and attracting more user traffic.”
Jiang Hao had already done his homework on these issues, and now he immediately explained them to Mr. Zhang.
“Once the number of users reaches a certain level, we will start the next phase of the short video advertiser plan.”
“In fact, it is similar to the current long videos, except that some bloggers insert advertisements in the videos.”
"I plan to set up a third-party platform on Haijing and invite many merchants to publish promotional orders on this platform. Then many short video bloggers will accept the orders and the platform will take commissions from them."
Jiang Hao only used the traffic settlement revenue model in the initial few months.
In the later stage, you still have to return to the stable money you should earn. At that time, the traffic incentive will only be higher-quality videos or videos that the platform needs.
It is more important for bloggers to improve their own traffic conversion capabilities and enhance their business capabilities.
Haijing Technology earns this stable commission income, so that the current huge incentive funding pressure on creators will be eliminated.
The entire Haijing platform will gradually move towards stable development.
This proposal instantly made many investors present, as well as Mr. Ma, Mr. Lei and others, brighten up their eyes.
In any case, this model is very novel and feasible.
In other words, this pie is well drawn, at least everyone is willing to invest money to give it a try!
"Mr. Jiang, we have almost understood the specific information of Haijing Technology. Do you have any expected valuation?"
This was the first time Mr. Ma spoke after the meeting, and it directly brought the financing meeting into a critical process.
"Yes, but before we raise funds, I want to make one thing clear: the shares of Haijing Technology will be divided into A and B shares."
"Except for the incentive shares within my entrepreneurial team, the remaining shares are all Class A shares!"
“So I hope you can think carefully before deciding to invest.”
The meanings of Haijing Technology and the previous Totoro Technology are different in Jiang Hao's mind.
In his mind, Totoro Technology is used solely for making money, which can be said to be speculation.
Just think about making some money, the more the better.
As for whether the company can last long or whether he will be kicked out, he doesn't consider it at all.
But Haijing Technology is different. Jiang Hao has already achieved freedom with his wealth.
This company is more focused on enhancing its social influence and voice.
At the same time, it is also one of the only things that can arouse his interest after his inner excitement threshold is raised.
It has only been half a year since he became financially independent, and he has lost interest or desire in many things.
Even large amounts of spending couldn't give him much psychological stimulation, and he didn't have that kind of excitement he particularly desired.
Instead, it was the challenge and sense of accomplishment of starting Haijing Technology again and personally developing the company into a domestic and even truly international giant that became his new motivation for starting his own business.
Therefore, the AB equity split before the company's financing this time is also the most important item.
All Class A shares have one vote per share, but Class B shares have votes counted at a 1:20 ratio.
Jiang Hao asked Lu Miaofang and a team of lawyers to restructure the company's articles of association.
According to calculations, unless Jiang Hao and his founding team ultimately hold less than 11% of the shares after the company goes public, they will be eliminated. Otherwise, they will be sitting on the Diaoyutai.
In just a moment, the expressions of Mr. Ma and the Alibaba representatives became complicated.
On the contrary, Mr. Lei, Mr. Wang and other representatives of the capital parties remained calm.
Jiang Hao has suffered a lot of losses along the way, and now he is considered to be experienced.
Unless he lets go of the company voluntarily in the future, Haijing Technology will definitely remain under his control.
"The registered capital of Haijing Technology is 15 million yuan. At present, I am willing to take out 20-% of the shares to open up financing."
"My personal estimate is RMB 10-15 billion for the time being, but of course the specific circumstances of each company are different."
"The specific calculation will depend on the price you are willing to pay and the benefits it can bring to Haijing."
Upon hearing this price, many institutions breathed a sigh of relief.
Although the registered capital has increased tenfold, the actual number of users and potential of Haijing are much smaller.
This price is not high, and it can even be said to be a very standard valuation.
Now it depends on the actual price each company can offer or the benefits they can bring to the Haijing platform.
The meeting ended here.
Those who were interested remained in the conference room and were continued to be entertained by Zhang Jing and Yan Jiajia.
Those who were not interested or felt that the price was beyond their expectations had already stood up and left.
As soon as the Ali representative meeting ended, he made a phone call and left.
Obviously, Alibaba is not very interested in Haijing, which has AB shares.
As for Mr. Ma, he sat in his seat for a while with a frown on his face.
After a few minutes, he shook his head and said goodbye to Jiang Hao with a smile.
In the end, Jiang Hao had the first round of communication with Mr. Lei and Mr. Wang.
In any case, Mr. Lei has been chasing after him and wanted to invest in him since the very beginning, and he also gave him some additional conditions.
At the same time, he is the most down-to-earth person Jiang Hao has ever met, and the one who truly communicates with him on a daily basis as a friend.
"Boss Jiang, your Pixiu looks great!"
In the office on the 9th floor, as soon as Mr. Lei entered the room, his attention was already on the jade Pixiu that Brother Lu had just given him in the morning.
Of course, considering the clear view of the interior of his office, the only thing that can be mentioned is the jade Pixiu.
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