Chapter 684 Shi Lei’s Growth
What makes Shi Qiang hesitant is not which of the two projects, Qixuan or Flash Mob, has a longer lifespan.
In fact, when Shi Qiang had no intention of starting a business on his own and wanted to join Shi Lei's camp, the first thing he thought of was Qixuan.
Shi Qiang has a proud heart.
He comes from a wealthy family and has shown a very high IQ since he was a child. From elementary school to studying abroad in the United States, he was a top student all the way. He has failed to start a business several times, and that is only what he considers a failure. Failure to meet his own expectations is already a failure for Shi Qiang.
However, his so-called failure, in the eyes of most people, is already a success and cannot be successful anymore.
A Chinese person, in Silicon Valley, every company he started was valued at over 100 million US dollars a year later. Some have gambling agreements, and some are just a gambling between him and himself.
After returning to China, I wanted to take a break, but I came across Shi Lei's project.
Ever since, it was originally planned to achieve a valuation of 200 million in one year, but it only took half a year to achieve a valuation of 300 million.
All of Shi Qiang's setbacks were imposed on himself.
Of course he knew this, so his pride never diminished at all.
Shi Qiang's roughness is limited to his appearance. He looks like a prehistoric monster, but in fact he has a proud and sensitive heart.
Join Qixuan?
Who is Qixuan’s current core team?
Medicine two!
Dong Chiqing!
Xu Zhida!
The investor is Yu Banzhi.
Every person's background is above him.
Even in terms of abilities, except for Xu Zhida who has not yet fully demonstrated his personal abilities, the other three have already proven themselves.
In front of them, Shi Qiang's pride could only be self-arrogance.
Without too much thinking, Shi Qiang also understood that as a result of joining Qixuan, he would inevitably face a situation where he was the weakest member of the core team. This makes pride as strong as Shi Qiang, how can he accept it?
But the flash mob is different. In the flash mob, Shi Qiang can completely compete with Wei Xingyue. He can even expect Wei Xingyue to disappear behind the scenes like Shi Lei and only play the role of investor, while Shi Qiang can take sole control.
It's not that Shi Qiang is greedy, but that he is so proud that he simply cannot accept the reality of being inferior to others. This is why he joined Zheng Xu's company even though he was ready to take a rest.
Zhang Xiyue persuaded him a lot, but Shi Lei's words touched him the most.
Yes, choosing the flash mob can indeed maintain his superficial pride. However, how can Shi Qiang, who has a deep understanding of both Qixuan and the flash mob, not understand that the fate of the flash mob is likely to be short-lived in the end?
When Shi Lei and Wei Xingyue cash out and leave, what will he do? Facing today's dilemma again? Bringing a project to its end?
When Shi Lei pushed open the private room door, Shi Qiang also made the final decision.
"I will at least follow in the B round." Shi Qiang extended his right hand to Shi Lei.
Shi Lei smiled, he understood that Shi Qiang chose Qixuan.
Shi Lei said: "I will let you lead the round B round."
This was not a decision made by Shi Lei based on friendship, but precisely because Shi Lei did not want to be too emotionally involved in the investment field. He had already decided that Yu Banzhi would no longer be the lead investor in Qixuan's Series B round.
The appearance of Shi Qiang allowed Shi Lei to find the most suitable lead investor for Series B.
"However, Qixuan's Series B valuation will be very high. You have to be mentally prepared. If you don't want to use your family's money, it may be difficult."
Shi Qiang nodded. Of course he understood that when Qixuan announced the Series A, it had only developed the markets in two cities. Among them, the market in Imperial City had just opened, and it had already received a valuation of 500 million. Although based on Qixuan's development and its level of cash burn, Series B may only be a matter of two or three months, but Qixuan's valuation will likely quadruple by then. According to Shi Qiang’s understanding of Yaoer, the market valuation cannot reach 2 billion, and he may not be willing to announce Series B financing at all. This means that Qixuan’s Series B financing needs to reach at least 200 million soft sister coins.
"Don't worry, I'm not that pedantic. You can even promise me the right to lead the investment. How can I not accept funding from my family? What I need is a platform."
Shi Lei smiled and said, "Welcome to join."
"I will deal with the current company's affairs first. Tomorrow I will fly to Bao'an to meet with Tencent people and try to complete the entire acquisition within a week."
Only Shi Qiang dares to say that the acquisition will be completed in one week. Although it is not a big company, it still involves 300 million funds. Even for a behemoth like Tencent, it will take time to complete such an acquisition. of.
But Shi Qiang dared to say this, he must be sure of it, and Shi Lei didn't worry about it.
"Okay, I'll say hello to Yao Er. You might as well stay in Bao'an and don't come back. First, set up the structure of the branch. I plan to open the two markets of Magic City and Lingdong at the same time."
Shi Lei is confident to say this now. Even ten days ago, he would not have dared to say this.
After Qixuan completed the A-round financing, it had a total of 50 million funds, and the Imperial City market still needed heavy investment. The original plan of Yaoer was to open the Magic City market in August.
But now, due to the response of the flash mob and Qixuan, and the promotion of Qixuan, the money Qixuan needs to burn has been greatly reduced in terms of publicity. To occupy the market, the cost of product investment is actually a small part, and the majority is in publicity. The remaining funds, if squeezed, can speed up the pace of Lingdong Market.
Of course, Shi Lei also hopes that like Chongbai, Yangcheng, the capital of Lingdong Province, and Bao'an, which is across the water from Hong Kong Island, can be opened at the same time. However, due to financial constraints, he can only focus on Bao'an first. When the deposit on Qixuan Bicycles' books is enough to cope with a small-scale run, it will be the time for Qixuan to open the Yangcheng market.
Shi Lei has not discussed this with Yao Er yet, but in the past few months, especially in the process of forming the flash mob, Shi Lei has grown enough. He believed that Yao Er might also be thinking about this issue now. It's just that the opening of Lingdong Market still lacks a capable general, so Yao Er didn't mention it.
Now that Shi Qiang has joined, the biggest problem has been solved. After Yao Er learns about it, he will definitely think that this is good news.
After Shi Qiang figured it out, he was in a good mood, asked the waiter to open a bottle of red wine, and left the restaurant slightly tipsy.
Before leaving, Zhang Xiyue found an opportunity to whisper to Shi Lei: "There is a dispute over your request. We are waiting for the leader's final decision. If there is news, I will tell you as soon as possible."
Shi Lei nodded, waved goodbye to Shi Qiang and Zhang Xiyue, got into the car, and made a phone call to Medicine No. 2.
Yao Er's idea was exactly the same as Shi Lei's. Yao Er was overjoyed when he heard that Shi Qiang was interested in joining and planned to come in with funds during the B round.
He immediately said: "In that case, sir, I suggest that the two cities of Magic City and Bao'an be opened simultaneously."
Shi Lei laughed and said: "I have advised Titan not to come back after completing the acquisition with Tencent."
After Yao Er was silent for a while, he said with emotion: "Sir, you are growing up too fast. If this continues, you won't need my help soon."
"I think you should get out of Qixuan as soon as possible. How can Qixuan be Wolong's stage?"
Yao Er was stunned and laughed.
He understood that Shi Lei had grown faster than he imagined, and Shi Lei had already stood on a higher level.
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