Chapter 44 [Draw the pancake first (plus more)]
Cao Chenghui said again: "At the stage of angel round financing, it is of little significance for Quantum Jump to do pre-investment or post-investment valuation, and the risk is also the greatest. Since I plan to invest this money, I am ready to be in vain. Venture capital Well, but the money of the stars is not blown by the wind, so let's make a price first."
The investor's aura is pretentious, and Mr. Cao has always been good at pretending to be X.
As soon as these words came out, Xu Jingren and a few others subconsciously looked at Fang Hong, thinking that this VC was really difficult to deal with. He could take the initiative in this way. If he wanted more money and gave less equity, he could take advantage of it, otherwise he could refuse. .
On this issue, Xu Jingren and his roommates don’t know how to evaluate Quantum Beat, and at the same time they don’t know how much money to take and how much equity to sell.
Can only see the boss!
After a while, Fang Hong said in a deep voice, "5 million, 8% of Class A shares, how does Mr. Cao feel?"
The report of 5 million is because the company needs so much money to develop at present. As for only taking 8% of the equity, it is of course to increase the company's overall valuation level. It will be released at the end of the subsequent financing stage, such as D round and E round financing. Other employers enter the market to take over.
But when Xu Jingren and his roommates heard the price quoted by Fang Hong, their hearts jumped wildly.
Good guy!
So many 5 million to sell only 8% of the equity?
That is to say, the current overall valuation of Quantum Beat is 62.5 million yuan? That big guy's shareholding ratio is worth 8 million yuan?
For these young college students, this is absolutely astronomical.
Cao Chenghui said immediately, "Yes."
Xu Jingren and the others were shocked again when they heard it, so they agreed? A few roommates didn't realize it for a while, and they were wondering why there should be a bargaining session, right?
But then, Cao Chenghui added: "However, I have a request. The equity structure of Quantum Jump is AB shares. In theory, if I invest this money, I have no right to speak. If you use it to mess with me a little There is no way, this is a huge risk for Qunxing Capital, so I want a veto from Quantum Beat, otherwise I would rather invest this money in Fanfou than in Quantum Beat.”
Fang Hong immediately said cheerfully: "Okay!"
Singing a double reed, acting requires a full set of procedures.
Cao Chenghui smiled and stretched out his right hand, and Fang Hong immediately reached out, and the two of them reached a consensus when they shook hands.
Fang Hong looked at Xu Jingren and the others again: "Brothers, I'm going to sign a contract with Mr. Cao, see you later."
Several roommates nodded repeatedly, and their excitement could not be restrained. Seeing them like this, Fang Hong needed a lot of practice, so he couldn't hold his breath.
Cao Chenghui also got up by the way, and the two left the studio together.
Several roommates immediately leaned over to the window, and after watching Fang Hong and Cao Chenghui get into the BMW and drive away, everyone finally couldn't hold back, and the five of them shouted wildly together!
"Damn! Damn! Damn... 5 million is settled like this?" Lou Gaoyuan couldn't contain his excitement.
"My brother has become an eight millionaire just like that..." Yuan Jie thought about life.
"Five million!" Wang Ping roared excitedly: "It's developed!"
"Big boss!" Sun Xin shouted.
"Come on guys, calm down, it seems that you are so promising, it's not time to celebrate yet." Xu Jingren said immediately, in fact, he was also very excited inside, but as the CEO of Quantum Beat, he still had to pretend to be calm all at once.
After a period of time, several roommates finally digested it, but everyone's complexion was rosy, obviously the excitement had not completely subsided.
After receiving the 5 million angel round of financing, several roommates felt more and more that this career was promising. At the same time, Fang Hong's prestige and influence in their minds were further strengthened, and it was also helping Fang Hong's reputation and achievements. The corresponding increase in points, but it can be ignored compared with Cao Chenghui.
After all, Xu Jingren and the others are not influential yet.
...
"Boss, I didn't screw up, did I?" At this moment, Cao Chenghui was the driver of the BMW driving on the road. The driver he had hired before was a temporary worker, and he had already paid for it.
And Fang Hong is now also transferred from the co-pilot to the back seat of the car. The car is driving to the Binhu community. The contract has already been settled, and now he is going to get the documents.
"The performance was good. From now on, you will keep this character design, and there will be multiple rounds of financing such as Pre-A round, A round, and B round." Fang Hong nodded in satisfaction.
Cao Chenghui was also very happy to be affirmed by the boss.
Fang Hong added: "Follow me, I hope you don't stop at the persona, go back and recharge your batteries. The position of the general manager of Qunxing Capital is not stable based on seniority alone, and the ability must be in place."
"Understood, boss!" Cao Chenghui nodded solemnly.
"I hope that the position of general manager is your starting point, not the end point. I also hope that one day I can see you in the board of directors." Fang Hong said, let's draw the cake first, and the cake is the necessary foundation for being a boss Skill.
"Understood, I will live up to your boss' expectations!" Cao Chenghui was very excited. He understood what he said, which means that even if the boss wants to promote you to the board of directors, you still need to support yourself with achievements to prove to others that you are qualified Sit on the board of directors, so that it will not be difficult for the boss to promote, and he will be able to convince the public.
"By the way, boss, when will the company expand its staff?" Cao Chenghui said casually while driving. At present, Cao Chenghui is the only commander of Qunxing Capital, and Fang Hong did not appear in the list of Qunxing Capital's employees.
"No hurry." Fang Hong said concisely.
In fact, he also wants to expand the staff so that the company can become less formal as soon as possible, but first of all, he has to get some generals, that is, get the head of the company. Cao Chenghui is not enough to take on this important task now. Of course Fang Hong himself has no problem, but what he wants to do is behind the scenes Take control of everything, don't go directly to do things in person, and don't directly appear on the list of executives and employees of Qunxing Capital.
Fortunately, I am not in such a hurry at the moment. The other thing is that the capital scale is not yet in place. Fang Hong now has more than 12 million yuan, and he has raised 5 million yuan for Quantum Beat. Moreover, the product will start to burn money when it goes online, which is not very affordable.
...
Cao Chenghui drove the boss to the Binhu community and left. He went to the house and took out the materials for preparing the contract. Fang Hong took the materials and returned to Quantum Beat Studio alone.
"Hey, how many of you are crazy?"
When Fang Hongqian entered the room, several buddies lifted him up and raised him high, and coaxed him to sit on the sofa.
"Facts have proved that it is a wise choice for you to form the brain of our team and be our leader." Sun Xin said with a smile: "Brothers must crowdfund tonight and ask the boss to have a good time!"
Seeing a few buddies making a fuss, Fang Hong immediately said: "That's all, all right, don't make trouble, let's talk about business."
Hearing this, everyone quickly quieted down. Fang Hong also felt that several roommates are full of enthusiasm now, and they are also full of confidence and expectations for their career and future.
fine.
Fang Hong took out the materials and looked at several roommates sitting together and said: "After we introduce capital, Quantum Beat's equity will also be changed accordingly, and everyone's shareholding ratio will also be diluted in proportion accordingly."
Everyone nodded.
Fang Hong added: "The changed shareholding structure is that the option pool reserves 18.40%, the five of you all drop to 11.96%, I drop to 13.80%, Qunxing Capital accounts for 8.00%. In addition, Qunxing Capital wants a board seat and One veto, so Quantum Beat's board of directors has increased to seven seats."
Several roommates nodded silently again. Although the equity has been diluted, the total value has risen, because this investment gave QuantumDance a valuation of more than 60 million. This is the first time that the company has a relatively fair value. Xu Jingren They never thought that the company's products were worth so much money before they were launched.
Fang Hong handed them the materials he brought and said, "Let's sign all of them. I'll go to the Industrial and Commercial Bureau to register the equity change later."
...
Ps: Brother Moe is indeed yyds, and the app has also reached the top 10. It’s a bit surprising. The volume and price are rising. If Brother Moe tops the urban classification new book list on the app, top5 will be updated, and top3 will be updated again. Top1 will continue to add updates, monthly tickets, recommended tickets, favorites, follow-ups, etc. can all contribute to the ranking]