To be honest, this offer was a bit beyond Wang Ye's expectations. His ideal price should be around 90 billion, which is 50% higher than JD.com.

Unexpectedly, Sequoia Capital and IDG came up and quoted a high price of 100 billion valuations. It seems that this is a must-have!

"So, what are the additional conditions?" Wang Ye spoke.

Zhou Da smiled slightly: "This condition should be easy for Mr. Wang to achieve. That is, it will be listed within two years, the effective registered users of the website will reach 100 million, and the annual sales will reach 50 billion! Net profit will reach more than 10%!"

These three conditions do not seem to be harsh, but if you think about it carefully, it will be difficult to achieve each one!

Let’s talk about the number of registered users first. In less than a month after Meigou is online, there have been 56 million registered users. According to the general idea, it may reach 100 million users next month. But the fact cannot be so simple!

With Meigou online, Wang Ye planned three waves of publicity activities in a row, one wave is more intense than the other, which means that almost all netizens noticed Meigou.com in the shortest time, which has achieved so many registered users.

But this also squeezed out the potential in the later stage. There are only a total of Internet users across the country. According to the data released by the telecom operator last year, it is more than 200 million, less than 300 million.

Meigou.com is a professional service for female users, which requires removing more than half of male netizens. In addition, in addition to those who are too old and too young, Qiqi’s direct sales model, and who control products such as Weiyejiahua and Huazhishi, he also signed an agency agreement with Estee Lauder and L’Oreal, the profits are definitely guaranteed. It’s just to pay attention to expenses in promotion!

As for registered users and annual sales, investment banks cannot predict the future. They do not know that starting this year, the domestic market has entered a period of explosive growth, and the number of Internet users has also increased significantly. Therefore, these two conditions can be easily achieved with Wangye's ability!

What he is thinking about now is how to use the huge 20 billion yuan after receiving the huge sum of money! Such a large sum of money must not be placed in the bank for interest, so a fool would do that.

So it must be spent, and it must be spent on the blade, praying for the greatest effect.

How to use this money, I had an idea before Wang Ye decided to accept financing and convene the Weiye Jiahua board of directors.

However, at that time he did not expect that the valuation of Meigou.com could reach 100 billion, so the money he received was a bit beyond his estimate. Now the plan needs to be adjusted slightly.

After making up his mind, Wang Ye stood up with a smile and stretched out his right hand: "Welcome to Sequoia Capital, IDG Capital. We will be partners in the future!"

After hearing Wang Ye's words, Zhou Da and Jack also stood up happily. They knew that Wang Ye had accepted their request in full.

Sign a share transfer agreement, and the investment is settled, just wait for the company's equity information to be changed later.

After investing such a huge amount of funds, the two investment banks certainly would not let go. After discussing with Wang Ye, they decided to send a permanent director. This is a practice, and Wang Ye happily agreed.

The matter has come to an end. On May 19, Meigou.com held a press conference and officially announced that it would accept joint investment from Sequoia Capital and IDG, and this time it will raise a total of 20 billion yuan!

At the press conference, Zhou Da, a partner of Sequoia Capital China, said with a look of spring breeze: "I have been in the investment industry for more than 20 years and have had countless successful investment cases. I have a principle, that is, to look at a company, first, the leader of the company. For Mr. Wang Ye, CEO of Meigo.com, all financial reporters present know that this is a person who is used to success and to create miracles! I don't worry if I invest the money in him!"

Jack, the representative of IDG, said passionately: "At the beginning, I was skeptical about this amount, and I felt that the valuation was too high and there was risk. But from the first meeting with Mr. Wang Ye, all doubts and distrust disappeared! Mr. Wang Ye has such charm, making you believe that he can do anything!"

Businesses are bragging each other, not to mention that Sequoia Capital and IDG have put a heavy bet on Wang Ye this time. Of course, they have to spare no effort to build momentum for him, hoping to shape Wang Ye into a business myth!

Wang Ye was not willing to fall behind. He told the reporters present: "Sequoia Capital and IDG are both famous big capitals in the investment banking industry. The countless successful investment cases in the past have also proved their vision. This time, they chose Meigo.com and Wang Ye. This investment will bring them profits that are rich to exceed their imagination in the future!"

They did not explain that the money was not actually invested on Meigou.com, but was just used to acquire shares in Wang Ye.

After listening to Wang Ye’s speech, the audience burst into applause, and everyone celebrated the successful conclusion of this cooperation.

The reporters were very happy that they got a big news, which was a total investment of 20 billion yuan! It was more than 2 billion yuan if it was converted into US dollars! What's more, there was a big red envelope to get when attending this press conference.

If you have anything else to say, post the news when you go back and have a good time! Everyone is carrying the flower sedan chair, and everyone is willing to do the icing on the cake.

The joint investment banking group led by Masayoshi Son was still nervously calculating and discussing in the hotel, and then received a call from Meigo.com and officially notified them that the financing was over.

With a long sigh, Masayoshi Son was a little depressed. He was also optimistic about the development of Meigou.com, but this time his competitors snatched the investment opportunity.
Chapter completed!