Rebirth of the World’s Richest Man

Chapter 2781: The price is too high

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Jiang Xiaobai and Zhang Jun communicated with the IP company through Li Yanhong. The two parties mainly focused on the price of the shares held by the IP company.

The IP company came all the way from abroad and is already very sincere and ready to sell its shares. Now it is about the price. Jiang Xiaobai believes that if this is negotiated, then nothing else will be a problem. .

IP and the others invested together with PCF two years ago. At that time, they invested 600,000 US dollars, a total of 1.2 million US dollars. It was considered an angel round investment. 2.4 million Series A shares with limited conversion, a total of 600,000 US dollars. It's equivalent to more than 20 cents per share.

Now, in this Internet winter, and Baidu has not been listed on the market, the valuation is not easy to calculate.

But in September last year, during the first round of financing, Baidu’s price valuation per share had reached a little more than one dollar.

What kind of concept is this? That is to say, if according to last year's situation, the IP company's investment only took one year, and the stock price would have quadrupled.

In other words, the original 600,000 US dollars has increased to 2.4 million US dollars, but this is not the IP company's goal. They have greater expectations.

But I didn't expect that we would encounter the Internet winter period. There was no way to do it. Once the Internet cold wave came, to be honest, it was really difficult to say this valuation.

When they bought it, it was more than 2 cents per share, but now at this valuation, the IP side is like a lion with its mouth wide open, asking for 2.5 US dollars per share, which directly means ten times the profit.

Six hundred thousand U.S. dollars, I want to directly turn it into six million U.S. dollars.

Zhang Jun's eyes widened immediately: "Are you trying to steal money?"

Li Yanhong's mouth twitched and he translated that the price was too high and they couldn't accept it.

"Our minimum is $2.25. This is our bottom line. If it is any lower, there is no need for us to give up our shares." The representative from IP said.

Jiang Xiaobai said with a smile: "The price is still high. Last year, the valuation of the last financing was one US dollar per share. It has only been ten months and the price has more than doubled. It is not like this at all." High growth rates.”

"In the first year, our income quadrupled. In the second year, I think it will be no problem to quadruple our income again. From the angel round of investment to the first round of investment, now that you have completed the acquisition, The second round of investment is coming soon, and I believe that the stock price of the second round of investment will double again, and not only this price..."

The IP company was very aggressive and talked back and forth about the price.

But Jiang Xiaobai can understand it. Since the IP company wants to sell things, it must want to make a profit. Otherwise, why wouldn't the IP company hold shares?

Yes, it is the cold winter of the Internet industry, but it is the cold winter of the Internet industry. IP companies have invested a total of 600,000 US dollars. 600,000 US dollars is a big number for ordinary people at this time. If you can make some money, If it's money, everyone is willing to sell it.

But for a venture capital company like IP, 600,000 US dollars is really a small amount of capital, and it doesn't matter at all.

If Li Yanhong hadn't found them and wanted them to give up their shares, they wouldn't have even thought about it.

The two parties talked back and forth at the dinner table for an hour. Jiang Xiaobai came up with a price of US$1.50 per share, but the IP company's price was US$2.25 per share. There was still some dispute between the two parties. There are many gaps.

When the dinner was over, the people from the IP company rested in the hotel. Li Yanhong sent Jiang Xiaobai and Zhang Jun away. At the door of the hotel, Li Yanhong looked at Jiang Xiaobai with some worry and said: "Director Jiang, the price at the IP company is very high. I We’ve tried our best here, but there’s nothing we can do, and it’s probably useless to communicate with them anymore.”

Jiang Xiaobai could see that Li Yanhong really wanted to promote this business and wanted Huaqing Holding Group to invest in Baidu. However, Li Yanhong was also powerless regarding matters related to the capital.

Jiang Xiaobai stretched out his hand and patted Li Yanhong's arm to comfort him: "Well, don't worry, money matters can be easily solved. As long as it's similar, I will invest in your Baidu company no matter what. Otherwise, if word spreads, I will be like Jiang Xiaobai." It seems like you can't even spare this little money, don't worry, if nothing else, just because you have worked so hard during this period, I can't let your hard work go to waste."

Li Yanhong was stunned, and felt a little emotional when he saw Jiang Xiaobai and Zhang Jun getting into the car and leaving. Jiang Xiaobai's words and deeds were completely different from the capital he came into contact with when he was in Citigroup.

But what I have to say is that Jiang Xiaobai's way of speaking and doing things can really make people feel comfortable sometimes.

It is not only about pursuing interests, but also about the style and sense of loyalty in the world. Normally, this way of doing things will not go far in the business world, but Jiang Xiaobai has become one of the top five in the world. Founder of a top 100 company.

At the same time, Mr. Duan was having dinner with Mr. Liu.

It's just that the atmosphere at the dinner table was a bit disharmonious. Mr. Liu felt very comfortable eating. After all, the place arranged by Mr. Duan was very high-end, and the various dishes were all delicious and delicious.

But Mr. Duan was not like this, drinking glass after glass of wine.

"Mr. Liu, you are the person in charge of our Taishan Club. You have to make the decision for us. Jiang Xiaobai has gone too far. He said that if he joins our Xinlang Company, he will join Xinlang Company.

You said no matter what, I am also the major shareholder of our Xinlang Company, right? Is this correct? As a result, Jiang Xiaobai only communicated with Wang Zhidong and then started to contact other shareholders.

This doesn’t respect me at all. Am I still the major shareholder? Actually, Jiang Xiaobai doesn't disrespect me, it means he doesn't take our Taishan Association seriously at all. I don't care, the key is Mr. Liu? Can our Taishan Club be able to swallow this breath?

Could it be that we in Taishan will let Jiang Xiaobai bully us in the future? "

Mr. Duan shouted angrily and kept shouting, but Mr. Liu was just an old fox. Not only was he not angry at all, but he felt a little proud.

It turns out that there was some business competition between him and Huaqing Holding Group. Jiang Xiaobai dealt with him over and over again. As a result, everyone else was watching the fun. Well, now finally It's your turn.

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