My Age of Investment
Chapter 153: Valuation pressure
Chapter 153 Valuation Pressure
Kristina smiled suddenly, "I won’t tell you, you guess first."
"Kristina, what on earth do you want to say? Say it quickly, it's almost anxious to me."
The little dog saw the foreign girl smile and thought she had found some way to break the game.
Xia Jingxing also looked at the foreign girl, her eyes were full of inquiries.
The foreign girls are no longer on sale, and directly said: "There are still a few investment institutions that have not responded to emails."
Xia Jingxing's thoughts changed quickly, and he suddenly thought of a lot.
nodded and said, "I understand."
The little dog asked: "Which ones did not reply?"
"Sequoia Capital, Defengjie Investment, Kaipeng Huaying, just these three, and a few angel investors did not return our emails."
Kristina smiled and said, “Angel investors don’t talk about it, because they are more of a follow-up investment. Once there is top capital to invest in Facebook, they will definitely follow.
Let’s talk about the three VCs that have not responded to our emails, all of which are notoriously top-tier capitals.
Why don’t they reply to emails? Are you considering something?
Does not approve the pre-investment valuation of US$300 million, so you can simply reject it.
This shows that they are struggling or want to use procrastination tactics to put pressure on us. "
Xia Jingxing took a look at Christina very appreciatively. The babes are undoubtedly very smart, often digging out huge information value from small details, by analogy.
He continued with what the foreign girl said, “Kristina is right. The people in venture capital institutions have always been the smartest group of people.
If we can’t stick to it and ask them actively, our momentum will go down first, and the top capital will not let go of such an excellent opportunity for bargaining. "
The little dog frowned, "Then let's wait like this? What if the venture capital agency doesn't reply to us for a month or two?
They waited so long, we can't wait so long.
Now the decline of Dating.com is showing, it is a good time for us to expand our territory! "
Xia Jingxing looked into the eyes of the dog and said, “When we are hesitant and worried, the same goes for venture capital institutions.
They will also worry about whether they will be preempted by other institutions.
This is a rally, the competition is who has better patience. "
Seeing that the boss has said so, and the little dog is okay, so wait.
…………
…………
One day, two days, three days...a week has passed, and it has entered December.
Financing?
The media are very confused.
The long guns and short cannons are all set up. How about Facebook's financing?
Things become erratic and weird.
As for people who can’t meet Facebook, Diaoyou.com’s CEO Jonathan is the first one.
He shot directly through the media.
"The Chinese is lying, and the number of Facebook users has not exceeded 10 million at all. All of this is fake and a complete scam..."
Don’t say, this kind of conspiracy theory is very marketable.
And the story made up by Jonathan has noses and eyes, it looks like that.
The crowds are watching the show.
Some media want this wave of traffic, grab attention, follow behind to add to the flames, and post some innuendo articles.
"Where did Facebook's financing go?",
"Ten million users doubt the authenticity, count the various Internet scams",
"Business competition should have a bottom line"
……
Seeing the public opinion of the outside world, John and Andrew once again came to the Facebook company.
The old man John Da Ma Jindao sat at the top of the conference table and asked: "Dalun, how is the A round of financing going? There are many bad remarks from the outside world. I heard it and I am very worried for you. "
Old man John is really worried. After all, these three young people are still too young and have experienced too little business competition. I don’t know how unscrupulous and unscrupulous opponents are.
Xia Jingxing nodded, glanced at Yang Niu, and asked her to make a simple report.
"So, the three top capitals have been pretending to be ostriches?"
After listening to the report, Old Man John had a general understanding of the situation, and a gleam of turbid eyes flashed.
Xia Jingxing nodded, "Yes, we did not take the initiative to contact them, and they did not reply to us, but they did not send a rejection email."
Old man John tapped his finger on the desktop, thinking carefully.
"What are you going to do with the public opinions on the Internet, the media that spread rumors, and the CEO of Dating.com, Jonathan?"
Andrew domineering sideways, "Should I help you sue them right away? Andrew Law Firm hasn't taken such a large list for a long time."
"Slow down first."
Xia Jingxing shook his head, "Now that the financing has not been finalized, going to the lawsuit is just tickling those people.
Wait for them to be proud of it for a while, as long as the A round of financing is in place, the time for us to fight back will arrive. "
Andrew looked very regretful, "Well, for such a big list, if you want to go to court, you must take care of yourself."
John’s old hair expressed his opinion: “I agree with Darren to prosecute these people and the media for spreading rumors. I’m not in a hurry for the time being.
As long as the A round of financing is in place, these unfavorable public opinions on the Internet and rumors that slander Facebook will immediately go away.
The role of these clowns is not the key, the main energy cannot be involved, and must be placed on financing. "
The old man John had a serious face, “I even suspect that venture capital institutions are contributing to the public opinion, and even hiring the media to discredit Facebook.”
The little dog was stunned, "Isn't it necessary? What good are they doing like this?"
The old man smiled, "The benefits will be many. When you first raised the fund, when you faced this unfavorable public opinion environment, you had to make concessions on the valuation, and even on the financing terms."
The little dog nodded repeatedly, feeling that Old Man John was justified, and this society is so sinister.
For money, everyone can do anything.
Xia Jingxing also doubted whether venture capital institutions were involved in this wave of public opinion.
But there is no real evidence for this kind of thing, and we can only stay at the stage of doubt.
"Darren, what do you plan to do next?" Old Man John asked.
"I will definitely not call those venture capital firms that haven't responded to the news yet."
Old man John nodded, “That’s for sure. Now that you have reached this point, you can’t retreat. Once you retreat, it will be a valuation avalanche, and there will be various unequal clauses waiting for you.”
He looked into Xia Jingxing’s eyes, “What I want to know is how do you want to put pressure on venture capital? The old guys can’t sit still and take the initiative to contact you.”
"I'm not that capable."
Old John shook his head and smiled, "I believe you, you must have a way."
Hearing this, Andrew, Christina, and the dog also looked at Xia Jingxing.
"I have a few ways, but I don't know if it works or not."
There are ways, or a few.
Old man John couldn’t sit still anymore, smiled and waved his hand, “Don’t let us guess the riddle, please tell me any plans you have, which surprised me first.”
(End of this chapter)
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