Chapter 516 The Valuation of Series A Will Exceed 300 Million

Shi Lei had no interest in eating with Shi Qiang, let alone making light bulbs for him and Zhang Xiyue.

After Shi Lei declined, he made an appointment with Dong Chiqing.

After Qixuan completed the preliminary APP construction, Dong Chiqing went to the company and basically affirmed the initial work done by Shi Lei and Yao Er. He also said that he had already tied the knot with the education department and was just waiting for Shi Lei's investment to be in place. He can also inject funds into Qixuan.

After receiving Shi Lei's call, Dong Chiqing happily went to the appointment, and the two made an appointment to meet at the tea house in Dazhong Pavilion.

Dong Chiqing and Xu Zhida came together. The three of them met to confirm the equity distribution and the investment in Qixuan.

Since Qixuan is now Shi Lei's sole proprietorship, and the urban bicycle APP has been basically developed, Yao Er has also contacted a bicycle factory, and the design drawings have been released, and its characteristic is two words - strong. All this, Dong Chiqing gave an estimate of around 13 million.

After confirming that Shi Lei's capital investment was five million, Dong Chiqing said that he would invest eighteen million into Qixuan.

As for the distribution of shares, Dong Chiqing and Shi Lei each hold 45% of the shares, and the remaining 10%. The current two technical teams each hold 2.5%, and the remaining 5%. Reserve it for future management incentives and employee incentives.

In this way, Qixuan's valuation reached 40 million yuan. Dong Chiqing and Shi Lei reached a consensus that the A round will be launched after the company's valuation reaches 300 million yuan.

Shi Lei was not optimistic about this figure at first. After all, if a company with actual assets of only over 20 million yuan wanted to be valued at 300 million yuan, that would be an increase of more than ten times. This seems a bit out of reach.

Dong Chiqing told him that according to the operation plan formulated by Yao Er, once they start this project from Wudong University, they will invest at least 5,000 bicycles at one time. The number of users at that time will be easy to increase under the guidance of the university. Breaking through ten times the number. The second step of the plan is to try it within the urban area of ​​Wudong. It is estimated that it will take about a month for the number of users to exceed 100,000.

Coupled with the reverse diversion of users from Zheng Xu's company, it is not too difficult for the number of users to exceed 150,000 in about a month. By that time, with 150,000 users in one city and expanding to other first- and second-tier cities, the overall value of Qixuan's project will geometrically double.

"Three hundred million is just a relatively conservative valuation. My idea is that we must get at least six to eight million US dollars in round A financing. In other words, our valuation must be higher than 60 million US dollars. This That is more than 300 million. In fact, I am more inclined to reach more than 80 million, which is 500 million soft sister coins. Believe me, the capital market is very crazy. Even when Mr. Yu returns to China, he may first treat you There is interest in this project, and when the time comes, with him leading the investment, capital will flock in. Within two months, our Qixuan’s valuation will only be higher than you think.”

Shi Lei couldn't agree on this, so he made a phone call to Medicine No. 2. Medicine No. 2 said that Dong Chiqing's idea was idealistic, but it was not particularly difficult to achieve the goal of 300 million within two to three months. Moreover, the more than 20 million cash invested by Dong Chiqing and Shi Lei, in Yao Er's view, is enough to last for several months. The A round will definitely be launched in two months, and he will try his best to achieve a valuation of 300 million. above.

Faced with Yao Er's reply, Shi Lei was a little confused. He couldn't figure it out. He was poor six months ago, but now he has millions of properties. However, Dong Chiqing and Yao Er were worried about him two months later. The estimated net worth of over 100 million is really incredible.

Dong Chiqing smiled again and said: "Don't think that your net worth will suddenly rise to over 100 million in two or three months. In fact, this is just numerical wealth. By then, Qixuan will still be Squeezed into the small office now, the number of employees will not be much more than now. Most of the work, bicycle delivery and bicycle maintenance are contracted by external companies. It is impossible for us to do this ourselves. To put it bluntly, The company’s valuation and wealth are just paper wealth, and it is very difficult to cash out. I bet that starting from the A round, every venture capital institution will ask us not to cash out, but to Let the shares continue to appreciate on this basis until they are suitable for listing. Only at that stage can you truly become a billionaire."

Shi Lei was confused again.

He originally thought that after more than half a year of growth, he had reached a level that was very close to these second generations. However, with a series of recent events, he was able to see more and more clearly the gap between himself and these second generations.

There is still a lot of work that needs to be done, and Shi Lei is only slightly better than the original Diaosi.

Shi Lei may have made great progress in dealing with people, but when it comes to facing capital and career growth, Shi Lei is still far from enough.

"Okay, I have no problem. However, my funds currently only have more than three million, and the remaining gap of more than one million will have to wait until next month to get it."

Dong Chiqing laughed loudly and said: "I don't need your more than one million. Although more than ten million is not much, I also need to inject it from the offshore company to Qixuan, which will take a certain amount of time. Within three days, my funds will be As for your funds, as you said, it will be in place within a month. No matter what, the eighteen million is enough to last the second fever for a month."

This was purely for Shi Lei's sake, otherwise, if it were another partner, Shi Lei would never be allowed to invest money again after a month.

Shi Lei had originally thought that if Dong Chiqing didn't agree, he could only use the investment gold finger card to try it. Fortunately, with more than three million in equity, if it could be shorted, it might not be impossible to increase it to five million. possible. Now that Dong Chiqing has relaxed, Shi Lei is not in a hurry.

However, the independent funds awarded by the black card are only 1.5 million, which means that Shi Lei actually still has a funding gap of 200,000. It’s only 200,000 yuan, which should be very easy to do with the help of the investment gold finger card.

Dong Chiqing had a dinner with the education department in the evening, and he originally wanted to drag Shi Lei to attend, but Shi Lei said that it was Dong Chiqing's relationship and he didn't want to get too involved. Dong Chiqing was also very satisfied with Shi Lei's gesture. It was a reasonable gesture in the first place.

Back in the apartment, Shi Lei looked at the recent stock market prices. He had to make up the shortfall of 200,000 as soon as possible.

Without much effort, Shi Lei selected two stocks. After checking them with the investment gold finger card, he found that one of them had an increase of five points in two days. In this case, it was almost the same.

Of course, the market was closed at this time, so Shi Lei could only wait until tomorrow morning to buy it.

There was a knock on the door, and Shi Lei knew it was Song Miaomiao without even looking.

This crazy woman, since the Song family invested 100 million in Wei Xingyue and she successfully served as Wei Xingyue's assistant, she stayed in Wudong openly, and she actually quickly bought an apartment in the apartment where Shi Lei lived. suite.

After becoming neighbors, Song Miaomiao came to bother Shi Lei whenever he had nothing to do, and Shi Lei was used to it.

Guaranteed second update