Rebirth Starts From 2006 - Chapter 394

After putting away the mobile phone, Chen Yang looked up, and the other three people also made the same movements, and couldn’t help but smile knowingly.

Xiao Ma picked up the chopsticks and spoon again, and said with a smile, “Oh, I hope to go home tonight for a reunion!”

Things are finalized, can’t I go home? If I leave now, I can still catch up with afternoon tea.

It is said that Xiao Ma is also a person who enjoys life. Every morning, with his wife and daughter, he goes to a five-star hotel for morning tea, and the tip is more than the meal price.

As a result, I came to Guangzhou, followed someone to the fly restaurant every day, and ate for seven days in a row,

Tsk tsk, I guess my heart is bleeding!

Lao Li nodded with emotion, “Although we can’t make it in time for dinner, it’s okay to have a supper.”

What food is in Guangzhou, fart, he will never come again!

At least I don’t eat with someone when I come here, it’s too bad!

Seeing Lao Zhang nodding repeatedly in agreement, the corners of Chen Yang’s mouth curled up slightly. It seemed that they were satisfied with the result.

At this time, Lao Zhang wiped his mouth, turned to look at Chen Yang, “I have a little question.”

Chen Yang glanced at him, “What?”

Lao Zhang grinned and said with a smile, “As for the Jingdong you invested in, can you come up with 50 million US dollars? Do you want my brother to help?!”

This is no nonsense. At the beginning of the year, Jingdong’s valuation was only 20 million U.S. dollars, and Chen Yang used 10 million to get 49% of the shares. Now the money is probably almost spent.

Building a warehouse and doing logistics is a waste of money, let alone 50 million US dollars, maybe now Lao Liu can’t even get 10 million soft sister coins!

Xiao Ma immediately rolled his eyes and said with a smile, “If Jingdong plans to raise funds, our Goose Factory can follow suit.”

Lao Li also nodded quickly, “Qiandu can also follow, but I dare not say if there are too many, there is still a drop of 10 to 20 million dollars.”

Lao Zhang rolled his eyes unceremoniously, why didn’t you say anything just now, you have to wait until I ask.

Regarding the enthusiasm of the three, Chen Yang was quite calm, shrugged and smiled, “This money was half-loaned and half-given to Jingdong by Honggu Capital. Since you are interested in this, you can, but you can only wait for the next time. “

Before the three of them could react, Chen Yang smiled again, “However, how much do you plan to give to this company’s valuation?”

Um?

Shouldn’t Lao Liu bring this up?

Xiao Ma was the first to speak, and said with a smile, “Valuation must be recognized by both venture capital parties. I will arrange for someone to do a due diligence later. However, I remember that when you invested in Jingdong, it seemed to be for It’s only been less than a year, so I guess 50 million should be more reasonable.”

Both Lao Zhang and Lao Li nodded slightly. Based on their understanding of Jingdong, this is indeed a relatively fair valuation.

But Chen Yang grinned and shook his head noncommittally. Under the doubtful eyes of the three, he ate a wonton first, and then said slowly, “Last year, Jingdong’s annual turnover was 80 million. Guess, this year How much are your sales?”

The three of them looked at each other, Xiao Ma squinted his eyes and thought about it, and made a bold guess, “160 million?”

Doubling a year, that’s awesome!

Chen Yang shook his head slightly, stretched out his finger and pointed upwards, and ate another wonton.

Lao Li frowned slightly, “Could it be two hundred million?”

With an increase of 150%, I am afraid that the valuation of 50 million US dollars is too low.

Chen Yang still shook his head and continued to point upwards.

Lao Zhang’s face was full of disbelief, he didn’t even eat the dumplings, put down his chopsticks, and turned to look at Chen Yang, “Maybe there will be 300 million?”

When Lao Li and Xiao Ma heard this, they couldn’t help laughing.

Seeing Chen Yang’s calm face, the smiles on their faces gradually disappeared.

What are you kidding?

Quadruple a year?

Just kidding me!

If this is the case, then Jingdong’s valuation will at least go above 150 million US dollars!

This is not a question of how much the turnover has increased, but it shows that the model is on the right track, the direction is correct, and it has been recognized by the market and consumers, so that such a high growth rate can be achieved in the early stage of development.

Such a company can no longer be viewed from the perspective of a startup company. As long as the operation direction is correct, it can be treated as a quasi-listed company.

If you don’t get in the car when it’s 100 to 200 million US dollars, it may increase ten times in a blink of an eye.

Chen Yang took a sip of the soup, looked at the three of them with a smile, then leaned forward slightly, and said in a low voice, “Tell you guys secretly, don’t tell others!”

Then, under the strange eyes of the three, Chen Yang spit out a number, “350 million!”

peat oh

The three gasped, you looked at me, I looked at you, and they all saw the absurdity on each other’s faces.

For a self-operated e-commerce platform, the annual turnover has more than quadrupled?

This is a big joke!

Chen Yang lightly tapped the table twice, and added fire to them, “There is still more than one week left in this year, and it’s Christmas and New Year’s Day, so it’s normal to add more than 10 million!”

In other words, Jingdong’s sales in 2007 will reach more than 360 million, which is more than 4.5 times that of last year!

Looking at the three people who were in a daze, Chen Yang laughed softly, “We, Honggu Capital, discussed this with Lao Liu. The 50 million US dollars and 20 million are low-interest loans, which will be repaid within three years, or the debt will be transferred shares, the other 30 million is additional investment, accounting for 10% of the shares!”

Calculated in this way, now Honggu Capital’s valuation of Jingdong is 300 million US dollars, and then one plus one minus, now Honggu Capital holds 54.1% of Jingdong’s shares, not only becoming the largest shareholder, More mastered the absolute controlling stake,

If it wasn’t for the same as the previous paragraph, it was indicated that half of the voting rights would be given to Lao Liu, Lao Liu would really not necessarily agree.

In fact, this investment is early. If it can be delayed for another year, no, even if it is delayed for half a year, when the financial crisis breaks out and most of the capital is seeking self-protection,

Even if Lao Liu bids Jingdong a higher price in his heart, in order to prevent the company from closing down, he has to accept the low valuation given by the capital. At that time, the 30 million yuan may be able to directly get back 30% of the shares. .

It’s just that Chen Yang doesn’t like to do things to the extreme, that’s what my dad always said, you have to live with your conscience,

The conscience of a businessman is not not to make money, but not to make the last penny. This is true for Director Yao of Donghe Real Estate, and the same is true for Lao Liu of Jingdong.

What’s more, if the capital is too greedy, it will get out of control sooner or later, such as the case of Lehman Brothers, which is about to die soon, so it’s better to take it easy.

Compared with making more friends and making more money, sometimes the former may earn more.

When the three of them were still being silly, Chen Yang laughed and said, “If you want to vote, you should hurry up. When our President Qin talked with Lao Liu at the beginning of this year, he asked Lao Liu to predict the sales in the next three years. Guess what is his prediction for next year?”

Pony frowned slightly, four and a half times is definitely impossible, and the barbaric development must be disciplined, no matter how wild the model is, it cannot rush forward.

However, if the model is correct and initially recognized by the market, the increase will not be low. Therefore, about twice should be a reasonable range.

Then he said, UU reading www.uukanshu. com “700 to 800 million?”

Lao Zhang and Lao Li Qiqi nodded, obviously agreeing with this value,

Chen Yang smiled and raised a finger, “Old Liu’s prediction is one billion!”

Xiao Ma was stunned for a moment, but he didn’t say anything more. The increase of more than two times and nearly three times is acceptable!

Chen Yang threw the last wonton into his mouth, wiped his mouth with a tissue, and said with a smile, “This fifty million dollars is specially prepared for the big data project. Before the big data comes out, the help to Jingdong can be said to be zero,

So, I plan to prepare another 50 million US dollars for him within one to two months. If you are interested, you can join this time. Well, let’s call it the B round of financing. “

No other investors participated in the additional financing this time, which can be counted as the A+ round, and the subsequent formal financing will be the B round.

While Lao Zhang and Lao Li were still thinking, Xiao Ma only pondered for two seconds and asked a key question, “After the B round, how much will the sales next year be?”

Chen Yang applauded lightly, looked at him and smiled, “My expectation is 1.5 billion!”