My Age of Investment
Chapter 273: All routines
Chapter 273 It's All Routines
"I prepared a hundred thousand dollars!"
Yang Haoyong said seriously, “This money is almost all my savings. My brother also invested a little. He plans to resign and return to China to start a business with me.”
"Then you hardly leave yourself a way out!"
Xia Jingxing smiled and looked at this old man. He had heard about Ganji’s entrepreneurial story in his previous life.
rented a 70-square-meter office, and ran to the community or college dormitory to distribute flyers.
A sea turtle, giving up the comfortable life abroad, returning to China to start a business, the inner strength is undoubtedly extremely powerful.
"There is no need to leave anything behind!"
Yang Haoyong smiled, and pointed to his head again, “This is the way to go. If you lose, you can find another job, save up again, and set off again.”
"Ok!"
Xia Jingxing nodded, "Do you think one hundred thousand dollars is enough?"
Yang Haoyong knew that the highlight was coming, and shook his head again and again, "This is definitely not enough. I have already calculated it. We need to develop a website and hire marketing personnel.
And it may be ground push, sweeping the past city by city, which requires a lot of manpower expenditure.
Only the website has been developed, the local push has achieved certain results, and the data of Ganji.com has also been rising.
At this time, we can go to the A round. "
Xia Jingxing nodded. Yang Haoyong and his brother Yang Haoran had created a business before, but because they caught up with the Internet bubble, the financing did not go smoothly and they directly failed.
The lesson of this failure should give the other party a clear understanding of what projects the venture capitalists want to invest in, or what kind of results they want to see.
"Okay, you quote me a valuation. If it is within my mind, I can make a decision to invest in you."
Xia Jingxing’s promise made Yang Haoyong overjoyed and asked: "Really?"
"I don't need to tease you!"
Xia Jingxing sat in the large boss chair and looked at Yang Haoyong with a smile.
Yang Haoyong only woke up at this time. He was so excited just now that he almost forgot the identity of the other party.
The CEO, who is valued at billions of dollars, also invested tens of millions of dollars in Tesla and LinkedIn.
He didn't know where Xia Jingxing's money came from, and guessed that most of it was pledged equity.
No matter what channel the money is exchanged for, it is no doubt that it is a rich man.
Pulpated vellus hair is thicker than his thigh!
"I need to discuss with my brother."
Xia Jingxing nodded, "Yes."
pointed to the resignation letter on the table again, "I will approve this!"
A trace of determination flashed in Yang Haoyong’s eyes, "Approve, I will hand over the work as soon as possible."
After Yang Haoyong left, Xia Jingxing called Luo Li into the office again and talked about the approval of Yang Haoyong’s resignation and how to fill the vacant post in the cyber security department after the other party left.
……
……
In a high-end restaurant in San Francisco, Xia Jingxing met Yang Haoran, who was a few years older than Yang Haoyong.
The two brothers look just like carved out of a mold, and they are in a good relationship.
In the previous life of Ganji.com, the two brothers held equal shares. Yang Haoyong was the CEO and Yang Haoran was the president.
Yang Haoran graduated from the University of Texas at Dallas, and previously worked in the Intel Technology Marketing Department. He is currently the project leader in the network monitoring group of a listed company in Silicon Valley.
From the perspective of achievements, it is currently the older brother Yang Haoran ahead of his younger brother.
Yang Haoran was very enthusiastic and held Xia Jingxing's hand tightly.
"Mr. Xia, I am very glad to meet you!"
"Haha, you are polite, just like Hao Yong, just call me Dai Lun!"
Yang Haoran saw that Xia Jingxing’s expression was not polite, so he was no longer called Mr. Xia, so he called Dai Lun instead.
"Dalun, you are the leader of our Chinese circle!"
Yang Haoran smiled and said with a thumbs up: “I used to be in the company, and the foreigner boss always said that you Chinese are only worthy of basic-level employees, and you don’t understand communication and innovation. It’s very boring to look at things carefully.
Last time the foreigner’s boss said that, I went straight back and said that Facebook was founded by the Chinese.
The foreigner shut up in an instant, and left without saying a word. "
Xia Jingxing looked at Yang Haoran, who was invisible with the witty remarks, and was a little funny.
The same two brothers, Yang Haoyong's personality is much more restrained.
While Yang Haoran can serve as the middle management of a listed company, this personality is estimated to account for a lot of factors.
Don’t think that foreigners don’t like flattering, otherwise how Indians are in Silicon Valley.
The chips are staggered, and the cups are exchanged.
After the third round of drinking, Yang Haoran finally mentioned the topic.
"Dalun, Ganji.com is definitely a good project. I believe you will admit this too, right?"
Xia Jingxing nodded, "Yes, it's a good idea."
Yang Haoyong smiled and said, "Well, just go to this point. We want a valuation of 5 million US dollars, right?"
Xia Jingxing chuckled, "Are you sure you haven't reported an extra zero?"
Yang Haoran said solemnly: “Dalun, I didn’t make a joke with you.
In this world, good ideas will never lack investors.
Sohu, Sina, Baidu, which one of them has not found a good entrepreneurial direction?
Charles returned to China with creativity and 170,000 US dollars. Just a few years later, Sohu was listed on the Nasdaq, which brought angel investors a hundredfold and thousandfold return.
You voted for hundreds of thousands of dollars in Ganji today, and maybe a few years later, you will get tens of millions of dollars. "
Yang Haoyong did not speak, but listened.
Xia Jingxing smiled, the other party really regarded herself as a novice.
"Okay, let me tell you this! When Facebook was valued at 5 million U.S. dollars, we had already won one hundred thousand students from the Ivy League school.
What does Ganji.com have? It's just an idea, no website, no data, can it be compared with Facebook in the same period? "
Yang Haoran was a little confused, and said with a smile: “Now and then, when the Internet bubble just happened, the market is sluggish, and Facebook’s valuation may have been underestimated.”
Xia Jingxing smiled, this old man is so foolish.
"Let’s not mention whether the valuation is underestimated, we have to discuss the importance of the 500,000 US dollars to Facebook at the time!
With the $500,000, we leased offices, leased more servers, expanded manpower, and pulled out a mature technology development team.
These have laid a solid foundation for Facebook to sweep colleges and universities across the United States. "
Xia Jingxing glanced at the two brothers, his voice raised eight degrees, "And if we hadn't received the half-million dollar angel investment at that time, Diaoyou.com might have stepped on our bodies.
I am pursuing valuation without any practical meaning.
You have to see how much value this money can bring to you. "
Yang Haoran smiled and said, “Dalun, let me put it this way. After the online market goes online, the data of 100,000 users will definitely not be a big obstacle.
We now have 100,000 U.S. dollars in our hands. If we put it in China, we can spend "800,000 U.S. dollars" in the United States.
We can wait until the money is almost spent, and after the data of Ganji.com is made, we can directly start the A round of financing.
The valuation of Series A financing is not just five million US dollars. "
Xia Jingxing smiled and said, "I admit that one hundred thousand dollars can withstand spending in China.
But, have you ever thought about it? Someone ran in front of you, got a large amount of financing, and quickly moved away from Ganji.
At that time, it will be another situation. "
Yang Haoran smiled and said, “Anyway, at this moment in China, there is no website for classified information advertising.”
"If you don’t have it now, it doesn’t mean you don’t have it next month. If you don’t have it next month, it doesn’t mean you don’t have it next month.
Underestimating the enemy is always the biggest threat to entrepreneurs! "
Xia Jingxing and Yang Haoran fought against each other.
Looking at the development of previous lives, Ganji.com's valuation of US$5 million is not too expensive.
But no one feels that the money is too much to burn. The same money, depressing the valuation of Ganji.com, can get more shares.
Yang Haoyong interrupted at this moment, "Dalun, then in your opinion, how much can Ganji.com be valued?"
Xia Jingxing said lightly, "One million dollars, half a million is considered to be my optimistic about you, and the other half a million is considered a good model."
Yang Haoyong shook his head, "Too little, we want an angel investment of 500,000 US dollars, but at most we can only dilute 10% of the equity."
Yang Haoran echoed his brother aloud, “Yes, Dai Lun, this million-dollar valuation is too despised.”
"I didn't look down on people. If I look down on people, I might not sit here today, so you guys are talking about this."
Yang Haoyong gave his younger brother a look, and the latter understood, and said, “Dai Lun, it’s better to do this. Let’s go back to China and set up Ganji.com for a period of time.
If the data is ideal, let's talk about the A round of financing.
If the data is not ideal, there is no need to talk about it. "
A good way to retreat is to advance.
Xia Jingxing guessed that the two brothers thought they had decided on themselves, but he just didn’t want to take it.
"Okay, then you will return to your country to operate for a period of time. When the time comes, let's talk about it."
After speaking, Xia Jingxing got up and grabbed his jacket, and smiled at the two of them, "Thank you for the dinner."
Then, he strode out toward the restaurant.
Yang Haoyong and Yang Haoran did not expect that Xia Jingxing would be so decisive, and they would leave without any muddle.
This is not in line with common sense?
Yang Haoran went to the counter to check out, and Yang Haoyong hurriedly chased it out.
Xia Jing walked and walked, glanced behind her from the corner, why didn't she catch up?
Will you play off?
So, he deliberately slowed down and waited for the fish to take the bait.
Sure enough, when he opened the door and was about to get into the car, Yang Haoyong chased him up.
"Daren, wait!"
Xia Jingxing pretended to be surprised and asked: "What's wrong? Did I drop something?"
After finishing speaking, Xia Jingxing also touched his pocket.
Yang Haoyong gave a wry smile, “I didn’t lose anything, I just finished eating, I want you to have a cup of coffee and digest it.”
(End of this chapter)
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