Salted Fish’s Self-help Strategy

But there is another option for the company to buy back, so that all technical problems are directly overcome, as long as there is money. However, repurchase generally occurs in large companies that have formed. Only such companies have the strength to repurchase. They repurchase after the A round. Will you still raise funds later? Still burn money?

Therefore, even with Xu Xin's half-life investment experience, I have never seen it. However, as far as she knows, the Pakistani Group can just...

Xu Xin nodded, and thia nodded wildly: "Mr. Chu, what is your current valuation of the Pakistani Group?"

"27 billion?"

"So low?" Thia was disappointed, "In this case, our investment is only worth 1.8 billion now?" This is also a question of the A round company, which is the question of how much it was worth before the B round.

"Stop, how can it be 1.8 billion!" Chu Yuanxi hurriedly interrupted her obscenity, "You still have to pay me for the bet. More than half of the stocks on your account now will go to me immediately."

There was a burst of laughter below, but the atmosphere eased a lot. The person who had something good smiled and asked: "Why is it 27 billion instead of an integer? Is it to look detailed?"

"No. A round of 1.8 billion, which is exactly 15 times the 27 billion. It's easy to calculate. I'm not good at math, and the numbers are not tidy.

The following was another kind of laughter. Chu Yuanxi saw that the atmosphere was finally adjusted back to the normal path, and quickly said: "It's OK, let's talk about ten thousand things. In the end, all the problems still have to return to valuation and financing. On the forehead.

I think so. The entire round a releases 20 shares. The re_a round is valued at a scale of 3 billion. Let’s release 1.5 billion for the time being. 5. Let’s not do call auctions anymore. It’s too troublesome and unnecessary. Then, the subscribed friends, enjoy the share of re_a in round a and possible round a+. Assuming that you have taken away 1.5 billion shares in this round, you have 5 priority in the whole round a financing link. The parts beyond priority are the same as others. "

After listening patiently, Li Jingfei still has some strength, can't he just get a round? "

Chu Yuanxi's face suddenly showed a strange look: "What has given you the illusion that the valuation of round a and a+ is still 3 billion? Valuation is always a dynamic thing, and 3 billion is just the bottom line of round a. Ah. In this round, I don’t plan to over-raise. In the end, there must be a call auction process."

Li Jingfei almost fell and said to his heart that all the valuations you are talking about now are all on the head, OK? You estimate the value against the air! Co-author, we throw a bunch of air and still pick it up cheaply, hello?

Xiaokang’s financing is really different from that of the Pakistani people. When the Pakistani people did the valuation, Li Jingfei thought it was really cheap, because at that time, the Pakistani people had already made a lot of money in the self-media field. Activeness is real. Therefore, although many investors think 1.5 billion is too expensive, Li Jingfei feels that he is knowledgeable and not expensive! Not only is it not expensive, but it is also cheap to look at, so I close my eyes and pat my head.

The final time proved the correctness of this judgment.

But Xiaokang now has nothing but talents, and has not made any real achievements. Even the store has just been renovated, and it is still in the stage of ventilating the room. In Li Jingfei's eyes, he was different from the Ba people at that time. The support belongs to the support friend to the friend. When making money, you should not consider so many things other than transactions, and you should be responsible for your own money. Someone also told him that you should believe that Chu Yuanxi can make real achievements in the future, so you should bid money now, but this is not in line with Li Jingfei's trading belief that only eagles are sold when they see rabbits.

So he sat back angrily and decided to reconsider, mainly considering how much difference between the valuations of re_a, a and a+ can be? The most important thing in the early stage of investment is to balance risks and benefits.

There are not a few people who have similar ideas. It's not that Chu Yuanxi is not optimistic, but that it needs to be seriously considered. You must know that the market in the past two years is not clear in a cold winter. The thinking model of cash is king is deeply rooted in the hearts of the people. You can take the initiative with cash in your hand. It is much more flexible than throwing out the chips early.

But if Fang Shiling was here, she might have different ideas, because this situation seemed familiar. In fact, last year Chu Yuanxi told her that I would open a back door for you. Now you vote for me at a valuation of 1 billion. A few months later, when the A round of financing is officially raised, you can easily make a profit of 50. This is actually the difference between re_a and a. According to Chu Yuanxi's words, buying is earning, and the difference between the two financings that belong to the same round a is 50.

If Fang Shiling voted at that time, it would be a re_a round.

However, she has no money.

Chu Yuanxi did not intend to force investors to express their opinions on the spot, but after today's meeting, the formal fund-raising process must be entered, and a series of financing operations need to be completed. However, because Chu Yuanxi shouted a price instead of a call auction, it instantly added a huge amount of work to Yuan Mu, because she wanted to solve the problem of who to release how much.

If it is a call auction, because the price is fluctuating, anyone who bids the price can buy it, regardless of the quota. But with the Buy it Now model, if there are many applicants who want to buy more, and if there are more wolves and less meat than 5, she will be bald.

But this is exactly what Yuan Mu should solve as a cfo.

Soon the meeting ended, Yuan Jing accompanied the investors to leave, and Yuan Mu led Xu Xin to the small meeting room. Xu Xin looked inside, Chu Yuanxi was sitting firmly on the Diaoyutai, and was drinking a tea cup inside.

Xu Xin entered the door, sat in front of Chu Yuanxi, and looked around: "You are... you've ambushed five hundred axemen, ready to throw a cup without taking money?"

"Sigh... seems to be a good idea?" Chu Yuanxi laughed, put the tea cup in front of Xu Xin, and made the water, "In fact, Yuan Jing suggested that I tell you about the real goal of being well-off."

"The real goal?" Xu Xin just picked up the teacup and put it down. She thought that she was brought here alone to discuss some behind-the-scenes transactions. After all, she has the biggest coffee position, and she knows it herself. If you get her right, you can get a lot better People, this kind of thing can be said to be an eternal classic drama in the investment circle. It has existed in the past, and it will be repeated many times in the future.

"Yes, the real goal." Yuan Jing hurried over after sending away the VIP, and sat next to Xu Xin after entering the door. Yuan Mu sat next to Chu Yuanxi to accompany him, and the two brothers and sisters sat face to face in a row. From the standpoint of their identities, they were also the masters, which made Xu Xin feel quite strange.

Just listen to Yuan Jing said: “Chu Yuanxi’s primary goal is blockchain and ai to grab Baidu’s business, and the high-level goal is new retail cannibalize dogs Dongali and 724. Then, the ultimate goal is to use social to attack Penguins.”

"Not mobile payment?"

Yuan Mu nodded: "Yes, Sister Xu, it's not mobile payment. Mobile payment can be said clearly. Anyway, I want to do it. No one can do it. It will not cause vigilance."

Xu Xin calmly said, "Socializing can also be said clearly. Anyway, I want to do it. No one can do it. It will not cause alertness."

"It would be great if Penguin Baba thinks the same way." Chu Yuanxi took a sip of tea leisurely. "What I said just now is too tired. I have to conceal my true intentions and make me attractive. It can kill my brain cells. A lot of death."

"Huh? So do you think you can make it?" Xu Xin developed a little interest, not because of other things, just one thing. All social actors are basically big publicity, in order to raise money for themselves, but also to give The product pave the way, wishing to make a world-famous one, has never been so hidden and tucked like Chu Yuanxi.

Only those who truly feel that they are a threat to Dragon Father will cause Dragon Father to strangle him, and those who feel extremely good about themselves will hide their social interactions.

"Yes, I'll show you this." Chu Yuanxi said and took out a piece of material. "This material has only been seen by the two of them and Liu Lu, and it is a way for me to build a social life by cycling in a convenience store. The whole world knows that Xiaokang wants to engage in social activities. Today, with you, there are five people."

"Then I can't read it~www.wuxiaspot.com~ I haven't considered whether or not to take such a big responsibility." Xu Xin took the document but did not open it. Although this is not necessarily a routine, it does not necessarily depend on her, although Yuan Jing is trustworthy, and Chu Yuanxi is doing great things, but as a person with rich experience and good human relationships, he knows the destiny of fifty. , Will not act rashly.

"It's Meng Lang." Chu Yuanxi didn't expect Xu Xin to be so cautious and couldn't help but glance at Yuan Jing.

Just as Yuan Jing was about to speak, Xu Xin waved his hand: "Socialize. Actually, I am very interested in it. I really want to do it. But Xiao Yuan, you are also an old man in the investment circle. You also know that our group of people is patient in socializing. After spending time and time again, the consumption is too cheap. It caught our eager mood and cut the sickle to death. It is really hard to describe.

So, Xiao Chu, to be honest, if you are socializing, it is suitable to find people like coal bosses to invest in you. You will be stunned and have passion but no burden. If you have ideals, you don’t need money. As for me... I can’t come up here. Deny others without understanding. "

"So what do you mean?"

"I want to test you. Instead of knowing your secrets and your social secrets, I'd better find out if you are a social agent. What do you think?"

Xu Xin observed the expressions of the three people carefully. Yuan Mu looked very guilty. This is her strength and honesty; Yuan Jing is always invisible to Mao, which is also his strength. Chengfu; and Chu Yuanxi, Chu Yuanxi is very relaxed and crazy, like a social expert, just like you ask questions, this...Is it Alipay, why can’t I not socialize? Many people have given answers to this question, but I haven't seen it too satisfactory. Is it an open question? Who can answer it accurately...I told Jack to dig him over hahahaha"