Mr. Guo, sorry, today, only the auctioneer’s short video shares were sold in this venue.” Liang Rubo also felt humorous.

But he also firmly sent a signal to others that eBay and Yifu are non-selling products, at least as it is currently.

Guo Shengguo was a little disappointed, but he was not allowed to be disappointed any longer on the scene.

After Liang Rubo finished his lecture, he then entered today's theme stage.

Before Liang Rubo went down, he said: "My mission today is over. My boss will come on stage to tell you some things about the specific financing of the Paike APP."

Shang Fuhai also tidied up his collar and stepped to the middle of the front end of the venue. After standing at that point, he felt that he had seen the whole world with his eyes, including Lao Ma, which gave him a sense of satisfaction and accomplishment that he had never had before.

"Old Ma, Lao Ma, you have today too." Shang Fuhai shouted in his heart.

The expression on his face did not change at all: "Everyone, I won't say much nonsense. Let me tell you about today's financing rules."

"Compared with everyone present, I am still a pure newcomer in this industry. I will be more tolerant of any mistakes and do things wrong. Next, I will briefly talk to you about the financing situation of the Paike APP since its establishment."

"Before the formal financing, I will talk about some old-fashioned issues. The project of Paike APP has been my exclusive investment since its inception. It has invested more than 100 million product development expenses and 600 million product promotion funds. 100 million of the promotion expenses are used to pay for the headline recommendations and traffic of Toutiao. Other expenses are mainly used for customer withdrawals and product promotion expenses. In the future, we will definitely continue to invest more funds to promote and promote, so in the next time, I cannot guarantee that it will make a profit..."

"In addition, the A round of Paike APP has raised 10% of its shares with Toutiao with a valuation of US$1.5 billion. I have promised Mr. Zhang's round of financing today, which is also led by Toutiao."

"As for the quotes on the Paike APP, I don't make any judgments, but I have the right to terminate a price that does not meet my psychological expectations." Shang Fuhai finally made a domineering declaration.

At this moment, no one came out to refute. Even Lao Ma, who was listening with his head raised, finally gave Shang Fuhai a smile that affirmed the other party.

Since they arrived here today, it means there is a profit here. The one in front of them is their God of Wealth and cannot be offended.

After Shang Fuhai finished speaking, the question arose. Someone from the investor asked: "Boss Shang, how many shares are planned to raise funds this time."

Shang Fuhai directly stretched out two fingers: "20%, but I want to make it clear that I will take out 5%-10% of my personal shares to allocate them to my R&D team and company executives, including future employee shareholding and the company's backward option pool plan."

In order to keep Parker Technology clean and control, Shang Fuhai had never raised funds from outside before Toutiao entered these plans, and he raised research and development and project promotion by himself. It was difficult for him to do this during that period, but he was also awesome.

Han Zhengyu, who were busy running back and forth in the crowd to take care of the scene, Song Yutong and Liang Rubo suddenly heard Shang Fuhai's "preaching". They were excited. They knew and understood in their hearts that Shang Fuhai was about to fulfill his promise.

Although other investors, including Toutiao, Shang Fuhai has already said that he took out this part of his shares and would not dilute their shareholding share, so none of these people opposed it.

Moreover, it is better to make employees and executives hold shares, and in a sense, it also reduces Shang Fuhai's shareholding ratio, and they can even redirectly acquire them from employees or executives in the future.

Before coming here, they only knew that Shang Fuhai was clamoring for the B round of financing of Paike Short Video, but what caught them off guard was that so far there were only two shareholders of Paike Short Video, one of Shang Fuhai himself, and the other was Toutiao, which accounted for 10% of the equity. So where did they go to reason?

"This guy is too poisonous, right?" someone whispered.

But I didn't dare to say it out loud. Shang Fuhai was their God of Wealth in the venue today.

Even if Lao Ma understands this truth, if he is not optimistic about the project of the Photographer Short Video APP, why would they do it to travel thousands of miles back and forth at the end of the year?

At this time, isn’t he good to enjoy the family happiness of the family at home?

"Boss Shang, tell me your valuation bottom line." Some of the more than 30 capital parties couldn't help it.

Shang Fu Haizong only released 20% of the equity to raise funds.

This is a little more, it’s really fast and slow.

Besides, Toutiao has to lead the investment, which also means that one place has been removed naturally, and how many more investment places can there be left?

2?

Or 3?

I really can't be sure.

Everyone looked at the young face in front of the crowd, which looked so cute, but this personality was simply an old man, and it didn't match his face at all. There was no problem with saying that he was cunning and was as tragic as a ghost.

Taking out 20% of the equity share in this round means that Shang Fuhai still owns 72% of the equity share after this round. Even if he promises to take out 10% of the shares as an option pool reward, he still has 64.8% of the equity share, which is still so high.

Toutiao still has 8% of the equity share, but Toutiao leads the investment. Among these 20% of the equity share, how much does Toutiao occupy?

Zhang Yiming was hiding in a corner with Wang Qiong and discussing. Wang Qiong said that he would have to occupy a place in everything. She agreed to Zhang Yiming in advance, but Shang Fuhai is so thief now that he took out such a little equity.

This is a bit inconsistent with her idea.

Old Ma began to think about it, and he asked Zhou Hang beside him: "Xiao Zhou, what do you think?"

"Mr. Ma, we have no say in today's financing round." Zhou Hang said, but one sentence made Lao Ma shut up in depression.

As Zhou Hang said, they have no say, and the one who really has the say is Zhang Yiming from Toutiao.

No matter how prominent Lao Ma has, it is useless to have a chance to have a reputation outside.

Shang Fuhai looked directly at Zhang Yiming: "Lao Zhang, what kind of reserve price do you think is suitable?"

Zhang Yiming started to curse in his heart, "You can't think of me for good things, but you will take me all these bad things."

He didn't want to be criticized either. Wang Qiong next to him gave him a trick. After listening, Zhang Yiming smiled.

He didn't go to see Shang Fuhai: "Everyone, let's have a simple thing today. In a while, the assistant will send a piece of paper to every capital party here. You will write your psychological price and name on the paper. In the end, someone will collect all the liest price. I will invite the most influential Mr. Ma on the scene to check the results together. What do you think of this method?"

"Yes!" Then someone responded.

This is a common method in some cases. At least many of them have used it before, and they have used it more than once. They don't find it strange at all.

Not long after, an assistant began to issue a unified A4 blank paper and a mark neutral signature pen to the 32 capital parties present.

Each capital party found a place that others could not see and began to write down its own quotes on paper.

Ali's Lao Ma was no exception. He also put the end of the sign pen with a cap under his chin and made a contemplative look. Lao Ma's eyes were spinning rapidly, and a light called wisdom flashed on the alien's big head.

Sure enough, rich people even look so unique when thinking about problems, and are blessed by halo.

Lao Ma also communicated with Zhou Hang for a while, and finally shook his head at Zhou Hang and wrote his own psychological quotation himself.

This matter is not complicated, even very simple, less than ten minutes, and everyone's time to think about it is included and everything is done.

Zhang Yiming indeed invited Lao Ma to read all the vetting lists. Lao Ma was even more charming. He promised to all capital parties with his own personality that he would never neglect his duties during the supervision process.

A sudden sentence popped up and directly triggered the scene.

Lao Ma is really interesting. Every time he looks at a vetting list, he will look up at a certain direction in the crowd, then raise his eyebrows and mouth to make surprise and incredible statements, making the people waiting for the result grit their teeth hatefully, wishing to beat him up.

Shang Fuhai looked around and found it interesting, but he had already agreed to Toutiao as the lead investor in this round. As long as the final valuation quotation is satisfactory, he would ignore the rest and let Zhang Yiming distribute it to avoid others being dissatisfied with him.

By the way, this is also the responsibility and obligation of Toutiao as the leading investor in this round.

Among Lao Ma's various weird emoticons, the statistics of the shady price quotation have finally ended.

Finally, after Lao Ma nodded in agreement, Zhang Yiming personally wrote four squares on a note and gave the note to Shang Fuhai.

When Shang Fuhai saw the result, he was really surprised.

I saw that it said ‘3.5 billion US dollars’.

"Wori, do you need to be so cruel?" Shang Fuhai was really surprised.

It’s not that the price is too low, but it’s too high.

The last round was in December. Zhang Yiming finally gave a high valuation of 1.5 billion US dollars in helplessness and confusion in the Bocheng store of the Haifei cafeteria at that time. However, he didn't expect that in less than two months, these people could even give a valuation of 3.5 billion US dollars. This doubled all of a sudden. Can you really accept this offer?

Shang Fuhai finally stopped thinking about those things, and he began to read the results: "Paike Short Video is valued at US$3.5 billion in this round, led by Toutiao, followed by Haina Asia, Alibaba Capital and CITIC Construction Investment..."

As soon as I heard about this high valuation, 80% of the people present knew that they had stopped.
Chapter completed!