Open business day-to-day

Chapter 413 Conditions
In the blink of an eye, another month passed, and the time came to August.

In the morning, Lin Rui received the reward again.

System: The company under the user's name is developing well, the potential is further extended, and various businesses are advancing in an orderly manner with excellent performance.

According to the salary model deduction, the reward amount for this month is 45 billion.

Not bad, meeting Lin Rui's expectations.Next up are rewards for daily quests.

System: The user's daily task completion rating is 52, and 50.00% of the reward will be used as an additional reward. The reward amount is 23 billion.

The total reward amount is 68.4 billion, do you want to receive it?

Lin Rui naturally took it.

After thinking about it for a while, 8.4 million was transferred to his personal account, and 60 billion was transferred to the Xingkong Technology Group account.

Now, let the funds in the Xingkong Technology Group account exceed [-] billion again.

However, the money was spent again before it warmed up.

Next, at least 60 billion will need to be injected into the newly established Huizhong Mall to build logistics and sales networks across the country and prepare for the official operation of Huizhong Mall.

……

After dealing with the funds, Lin Rui began to think about the financing of Weiyang Technology.

During the recent period, the financing negotiations have been going smoothly. The only thing that makes Lin Rui unhappy is that there is still a gap between the valuation and the standards in his mind.

For such a long time, after communicating with so many venture capitalists, the valuation that everyone agrees with is 580 billion US dollars.

Compared with the valuation of 550 billion US dollars offered by Goldman Sachs last month, it has increased by 30 billion US dollars.

Looks good, but is only good.

Lin Rui has already seen that the valuation of 580 billion US dollars is already close to the upper limit of these venture capital, and there is not much room for it to rise.

It is useless to increase the valuation through negotiation.

If he is not satisfied with this valuation, he has to use other methods to increase the valuation level of Weiyang Technology.

There are many ways to increase the valuation. Lin Rui thought about his own advantages.After thinking about it for a while, I realized that my biggest advantage is being rich, and getting richer and richer.

Compared with other entrepreneurs, he is not short of money at all.

In order to survive and develop, other entrepreneurs have to raise money everywhere and sell their equity at a low price, but he doesn't need it.

Because he has money himself, he can support the development of the company.

In fact, this point has already been revealed in this financing negotiation.

If Weiyang Technology didn't have those rich and powerful investment behaviors in the past, it would have already established a person who is not bad for money in the eyes of these venture capitalists.This negotiation cannot go smoothly, and it is impossible for them to offer such a high valuation as soon as they come up.

It will grind slowly and talk slowly, consuming your patience and energy. It is best to delay until your company's cash is spent, so that you have to raise funds and accept their conditions, and you will be severely bargained and underestimated.

Weiyang Technology does not have any of these weaknesses that other start-up companies often have, and even the financing is not because of lack of money, but mainly because they want to accelerate the company's development and let capital help Weiyang Technology better integrate into the international market.

So, how to make use of the fact that the money is not bad, so that Weiyang Technology can get a higher valuation?

The most commonly used method is to increase or even exaggerate the value of the enterprise, and blow up the prospects of various businesses and projects.Describe how promising the future is, how vast the space is, and how much growth potential there is.

However, if Weiyang Technology is a small company, facing domestic small and medium-sized venture capital, and the investment case this time is not large, this method still has some effects.

Today, Weiyang Technology, as the world's largest unicorn company, has countless eyes on it.

The various projects of Weiyang Technology and the value of all aspects of the company have long been studied one by one by the most professional people.

It is too difficult for the founder to fool so many elites around the world by bragging, stirring up emotions, giving a speech, imagining the great prospects of the future, and even Lin Rui can't do it.

Not to mention that you are facing the world's top venture capital, not domestic small and medium-sized venture capital, and they don't accept this at all.

Lin Rui didn't intend to do this either.

He wanted to increase the valuation of Weiyang Technology in another way, and make these venture capitalists willing.

Lin Rui's mind was running fast, grasping the idea that he was not short of money, and the money would be more and more, and started a brainstorming session.

After a long time, he thought of a very simple and crude method.

Why are venture capitalists so cautious and dare not increase the valuation significantly, because the higher the valuation, the more money he needs to pay and the greater the risk he takes.

The so-called venture capital, is to take risks to invest.

There are also many long-standing sayings in the venture capital circle. For example, if you invest in ten start-up companies, at most only one will survive.

Just like Softbank, from the last century to the present, it has invested in more than 100 Internet companies in China, but only a few Ali companies have survived to this day, and more than 90.00% of the five investments have been in vain.

This is the risk that venture capital needs to take. Although success will make a lot of money, failure is the norm.

The same is true for Weiyang Technology Investment Fund. After investing in so many start-up companies, half of them died within a year, and the money invested in these dead start-up companies was naturally in vain.

The same is true for this financing case of Weiyang Technology. Although it seems that Weiyang Technology is developing smoothly now, it has the opportunity to become a giant in the global social field in the future.

But who can tell?

If one day, we suddenly encounter a black swan, Weiyang Technology will fail, or its management will be poor, its value will drop rapidly, or its development will not meet expectations.

These VCs naturally lost money, and the money was wasted.

That's the risk they need to take.

As the old saying goes, high returns require high risks.

The riskier the investment, the higher their expected return.

Because only higher returns can balance the part of the money they lost in high risks.

Just like the previous example, if you invest in ten start-up companies, only one can survive, then the money they lost in the first nine companies and the company's profits must be earned back from the last company.

Fortunately, the development of Weiyang Technology is stable, and the risk they take in investing is relatively small, so they can give such a high valuation all at once.

If Weiyang Technology has several very powerful competitors who may die at any time, then the valuation may be cut by more than half.

The more risk these VCs take, the more they need to use lower valuations and generate more returns to spread out their risk costs.

To sum up, Lin Rui gradually came to a conclusion that for the same company, the higher the risk, the lower the valuation; the lower the risk, the higher the valuation.

Although the risk of investing in Weiyang Technology is not too high, these venture capital institutions have also taken certain risks.

If you want to increase the valuation of Weiyang Technology, you need to exclude the risks that venture capital has to bear.

With no risk, venture capital can naturally give a higher valuation.

How to eliminate the risks that venture capital needs to bear and give a higher valuation, Lin Rui already has a plan in mind.

For example, for this financing, you can promise a condition to the major venture capital

For the equity released by Weiyang Technology in this financing, after three years, shareholders have the right to unconditionally withdraw their shares, and Weiyang Technology will return the original amount of the capital invested.

For example, you invested one billion US dollars in the financing of Weiyang Technology. After three years, you felt that Weiyang Technology was not developing well, and the investment was lost.

According to this agreement, you can withdraw your shares unconditionally, and Weiyang Technology will return the original amount of the billion dollars you invested.

In this way, the biggest risk of investing in Weiyang Technology is gone, at most three years of interest will be paid.

As long as the capital is kept, the interest is nothing to the venture capital.

Once this condition is added, the risk that venture capital needs to bear is gone, and there is even the possibility of making a fortune in the future. Why do you have no reason not to increase the valuation of Weiyang Technology.

Even if you don’t increase, so many venture capitalists will not be polite when they see this kind of opportunity that is basically stable and not losing money, and will snap up this investment opportunity.

With this provision, is there any risk to Lin Rui?No!
He now has a reward of 70 billion per month, and it will reach tens of billions per month in the future. After three years, how much will the system reward?How much can his net worth reach?
Although it is hard to guess, there are definitely more than now.

With this premise, after three years, even if these venture capitalists feel that they have lost money in investing in Weiyang Technology and want to withdraw their shares, it will be nothing to Lin Rui.

Even if the scale of this investment can reach tens of billions of dollars, Lin Rui doesn't think that after three years, he won't even be able to come up with tens of billions of dollars.

Even if the shares are withdrawn, tens of billions of dollars have been used for free for three years, so what is there to be dissatisfied with?

Thinking of this, Lin Rui made up his mind.

Came to the company in the morning, finished the work at hand, and asked the secretary to call Zhao Yan over.

"Boss Lin, you are looking for me."

Lin Rui nodded: "Old Zhao, sit down and talk, how are the negotiations going in the past two days?"

Zhao Yandao: "Other aspects are going well. In terms of valuation, these VCs seem to have a tacit understanding, killing 580 billion US dollars."

Lin Rui said thoughtfully: "It seems that the valuation of 580 billion US dollars is already close to their upper limit."

Zhao Yan nodded silently: "According to our analysis, 580 billion US dollars has indeed reached their upper limit, and even if we continue to negotiate, it will not go up too much."

Lin Rui nodded and said, "Since that's the case, there's no need to be too entangled. I have another idea here, you can refer to it."

Zhao Yan asked curiously, "What do you think?"

Lin Rui smiled and said, "I plan to add a condition to this financing."

"All venture capitalists participating in this financing can unconditionally withdraw their shares at the original price after three years of investment."

After listening to the conditions in Lin Rui's mouth, Zhao Yan was taken aback: "Lin... Mr. Lin... This is not possible! Since you have invested money in, you will be prosperous with the company, and you will lose both. How can you unconditionally withdraw the shares at the original price?"

"This kind of regulation is too risky for the company. If the company encounters setbacks in the future, what will they do if they withdraw their shares?"

Lin Rui smiled and said, "Leaving aside the issue of withdrawing shares, do you think the company's valuation will increase if this condition is met?"

Zhao Yan thought for a while and said, "Needless to say, with this kind of condition, they have no risk themselves, and at most they will pay interest for a few years. There is no reason not to increase it."

"With such good conditions, even if the valuation rises sharply, there will definitely be a large number of venture capitalists vying for investment places."

"It's just that if they really withdraw their shares after three years, what will the company do?"

Lin Rui smiled and said: "You don't have to worry about this, if you really come to withdraw the shares after three years, I will naturally handle it."

"Besides, it's okay to withdraw the shares. We have used such a large sum of money for free for three years, so what's the point of dissatisfaction?"

Now that Lin Rui had a solution, Zhao Yan didn't ask any more questions.

Thinking about the conditions that Lin Rui just mentioned, Zhao Yan felt a little hot inside. As long as this condition is said, those VCs will definitely go crazy.

For these VCs, risk is unavoidable, only a matter of size.

The conditions offered by Lin Rui completely eliminated the risk of venture capital, and the only thing that needs to be considered is how much to gain in the future.

Such a rare business with stable profits and no losses will definitely arouse their greatest enthusiasm, and no venture capitalist can refuse.

At this time, Lin Rui said again: "I heard that among the several domestic investment funds, only Gao Ling has reached a valuation of 580 billion U.S. dollars, and the others have all withdrawn."

Zhao Yan nodded and said, "Shenzhen Venture Capital and CDH Investment reached 550 billion US dollars, so they gave up."

"The pension fund, the National Venture Capital Fund, was much more solid, giving a valuation of up to $510 billion and then dropping that too."

Lin Rui pondered for a moment and said: "For this financing, it is necessary to attract some state-owned assets, especially the national team, which is good for the company's domestic development."

"You can talk to them about the conditions I mentioned just now. I believe they will be interested."

Zhao Yan nodded in agreement and said, "The national team's investment has always been prudent, and they rarely take risks. Such conditions are just right for them, and there is no reason to refuse."

Lin Rui said: "That's good. Under the same conditions, try to attract some state-owned assets to enter the market."

Zhao Yan nodded: "Understood, Mr. Lin."

Lin Rui smiled and said: "Okay, I have nothing to explain, and I will leave it to you to handle the next matter!"

Zhao Yan had a confident smile on his face: "Don't worry, Mr. Lin, we promise to raise the valuation of Weiyang Technology to another level."

……

As soon as the matter at hand was dealt with, the secretary Shen Fei sent a piece of data. The domestic users of WeChat have reached 1.36 million. In just one month, the number of new registered users has increased by 600 million, which is the growth rate in recent months. Record.

Lin Rui was surprised, but also felt normal. In the past month, Weiyang Technology has become very popular on the Internet.

As the world's largest unicorn, it has just launched its A-round financing and has become the largest Internet company in China, catching the attention of countless people.

Coupled with the title of Lin Rui's richest man, there was a lot of trouble.

Countless people were amazed, and naturally started to pay attention to WeChat, and many who hadn't registered registered.

The number of WhatsApp users abroad has now reached 4.85 million, an increase of 500 million compared to last month.

The global users of WeChat directly reached 6.2 million, an astonishing growth rate.

If this data is presented to the venture capital, it will not be able to better reflect the development speed and potential of Weiyang Technology.

(End of this chapter)