Chapter 928 Huge Valuation
"Sequoia Capital, 20 billion"
When Shang Fuhai saw the content on this note, he was really surprised this time.
He had thought about this number himself, but he didn't expect others to really quote him this price. He felt it was unlikely, but he never expected that someone actually quoted this price during the second round of bidding for the C round of financing.
Chen Nanpeng sat quietly in his seat, as if the content on this note was not written by him. The expression on his face was as calm as eating and drinking water, without any sensation.
Wang Qiong bowed slightly, sat back, and said coquettishly: "Mr. Chen, you are very unauthentic. You have raised the price one level at once."
That’s right, in their eyes, 10 billion is one level. Even if you quote 19.9 billion, it’s still this level. But after passing the 20 billion threshold, it’s another level.
Chen Nanpeng said indifferently: "It's okay. Didn't Boss Shang say just now? Based on the average of the six-digit quotations, I was too cautious during the B round of financing and finally got nothing. Look at it, in just one year, the auctioneer has increased by at least 5 times."
"Why did I regret last time? This time I had to report a little higher. At least I could take a position first and I would not lose money in the future. Besides, let's talk about it, if your quotations are all low later, wouldn't I just pull my quotation down?"
Speaking of this, he paused for a moment and suddenly said happily: "Yeah, don't you say that, I didn't think about this just now. If I lowered my offer later, wouldn't I make a profit first? Tsk tsk!"
This brain circuit is really amazing, and everyone here is speechless.
However, they were also amazed that the Red Wolf was still a Red Wolf after all, with a thin figure and a pair of silver-wired eyes on her face. She looked very literary, but when she really started, he was not vague at all.
At the same time, they were upset and the other nine capital parties knew a place to say goodbye to them.
That's right, all the quotations have been disassembled and spread out by Liang Rubo on the conference table. Apart from Honglang Chen Nanpeng, no one else has given the valuation of the photographer's short videos with a price of more than 20 billion yuan.
But what is even more surprising is that the second-ranked quotation was actually 18.9 billion yuan invested by Tencent, filled out by Yu Chaohui.
The third place is the 18.5 billion investment from Pan Atlantic.
Good guy, these two investors who were ranked at the bottom just now have now reached the top three. How determined did they make? They actually added a valuation quotation of 100 million yuan at one time. Is it not for the money to be used as money?
Not only did many people at the scene be surprised, but even Shang Fuhai was shocked. How could it be?
He looked up at Yu Chaohui and Chen Xinhai, who was investing in the Atlantic, and these two birdies were not good things. They quietly won two places in one fell swoop, and they were really tempted.
Next, the fourth one was Haina Asia. Wang Qiong was secretly shocked. Her offer this time was 17.8 billion US dollars, which was 1 billion US dollars more than the first round of round C financing. She felt that it should be enough. She would definitely win the first place without saying that she would steadily, but the top three should always have it.
But this time she really didn't expect that she would not be able to win the first place, not to mention that she would be the top three.
If the shooting short video only has 4 places to raise funds today, she will become the tail of the crane.
"It's all a group of lunatics, which seriously damaged the market. I have to complain about you!" Wang Qiong secretly complained in his heart.
But she never thought that in the eyes of nearly 100 people just now, she was the one who destroyed the market the most, but the retribution came a little quickly, and she was now able to taste this.
Jack Ma was speechless because his offer was 17.5 billion, and he was ranked fifth.
"Old Shen, you group of animals." Jack Ma complained without any scruples.
The eyes were turning back and forth behind the glasses. After hearing Jack Ma’s ‘evaluation’, Chen Nanpeng clasped his fists and arched at Jack Ma: “Dr. Ma, each other!”
"..." Jack Ma widened his eyes, you shameless.
Baidu Venture Capital, the sixth place, ranked eighth in the first round of quotation, and now it has surpassed the price all at once. The quotation has suddenly increased by nearly 3 billion, which is almost up to the valuation of the B round of Bake Short Video financing.
The remaining Saiya Fund, Jianhong Trust, Henry Capital and Hualian Holdings directly lost their qualifications.
But in fact, the difference between Henry Capital's quotation for this round is US$17 billion, which is only US$100 million from Baidu Venture Capital.
Ma Yu, an investor who came to Henry Capital today, wanted to slap himself when he saw the quotation gap between himself and Baidu Venture Capital.
But the truth is that. If you or not, I will go up and down. It’s so cruel. If you want to make this money, sometimes you have to be a little cruel to yourself.
Shang Fuhai looked at the investors of Henry Capital and the other four companies with regrets: "Mr. Jin, Mr. Gong, Mr. Ma, Mr. Li, I am really sorry this time. I also want to continue to cooperate with you to seek development, but things go against my wishes. I pay attention to one rule in everything. I am sorry this time."
Ma Yu of Henry Capital wanted to say something, but when he said something, he swallowed it again. Nothing said at this time is meaningless, and he is willing to accept the loss. That's the reason.
Investing is a very personal matter and a very rational matter. I knew it before, why did the one who just now didn’t learn to learn from the Red Wolf, so he quoted a sky-high price when he came up.
To interpret it in other people's words, I don't care about the price, I just want to get a quota steadily.
Jin Shuzhen from Saiya Fund and Gong Jiazhao from Jianhong Trust also clasped their fists and shook them: "Since that's the case, Boss Shang will have a date later!"
Li Hongjiang of Hualian Holdings was also free and easy. He stood up and said, "Boss Shang, I remember that Yigo.com, a subsidiary of your group, will also raise funds next month. Our Hualian Holdings is better at helping promote online retail platforms. Next time we raise funds, please consider us."
"Okay, Mr. Li said so. I must give you a face. I will give you a chance and I will keep the seat. In the end, it depends on Mr. Li's strength." Shang Fuhai said happily.
It sounds quite pleasant, but it seems like I didn't say anything.
Li Hongjiang also heard it, and in the end he had already made a quote to speak, which was understandable. Shang Fuhai's blunt emphasis on this is nothing wrong. It is better than saying in person or behind the scenes.
After the four of them went out, the small conference room suddenly became much spacious.
Shang Fuhai was not too long-winded: "Everyone, we have agreed on the rules, so I won't repeat them anymore. Next, I will calculate the benchmark price..."
Before he could finish his words, Yu Chaohui said, "Boss Shang doesn't have to forget it anymore. We have already calculated it, the average is 18.3 billion!"
"18.3 billion..." Shang Fuhai looked around and saw Liang Rubo nodding. He was not good at math and oral arithmetic and had not calculated it yet, but it seemed like this number, that's right.
After pondering for a moment, he looked at the remaining six investors: "Since that's the case, I won't say much nonsense. See what the price is."
He mainly said this to Wang Qiong, Jack Ma and Li Linfeng of Baidu Venture Capital, and only the three of them had quotations below 18 billion.
For the three companies of Sequoia Capital, which have a quotation of more than 18.3 billion, this problem obviously does not exist.
Chen Nanpeng even looked happy. The price is OK, but it is 1.7 billion yuan cheaper!
Wang Qiong nodded directly: "Yes, no problem."
Lao Ma also said, "Fortunately, there is still a profit!"
Li Linfeng of Baidu Venture Capital was a little hesitant. The final offer was 1.2 billion yuan higher than his offer. This was not a small amount. After several considerations, he nodded and agreed.
Wang Qiong, a celebrity in the investment circle, is not afraid of it. Lao Ma, the god of the Ali Empire, has no hesitation. What else is he afraid of? There is no reason!
Besides, even Lao Ma said with certainty that 'there are still profitable', and he could make a deal after he went back.
"Since we all agree, let's not talk about anything else. Next, let's talk about the situation. Parker Technology plans to raise US$1 billion this time to use the cost of the company's development in the future. As for how to allocate it..."
Before he finished speaking, Chen Nanpeng became anxious again: "Boss Shang, let's make up for it and raise 6 points, one percent of our six families."
Shang Fuhai looked at him in surprise. Lao Shen was so active today, is there any problem?
However, there is no time to consider those now. Chen Nanpeng's proposal was approved directly. Yu Chaohui wanted to take more, but whether it is Wang Qiong or Jack Ma, it is not easy to mess with. Chen Nanpeng's red wolf is even worse.
After scanning my eyes, I realized that everyone here is so nice to meet!
Among the shareholders of Parker Technology, Wang Qiong and Jack Ma are already here, and Zhang Yiming and Yu Jianlin who are still outside are the most important thing, Shang Fuhai, the absolute major shareholder, and this matter is passed.
After this round of financing, Shang Fuhai still holds % of Parker Technology's shares, and he gave up following investment. After all, his personal shareholding ratio is too high. If it is not diluted, others will not feel at ease.
Toutiao will also hold a % stake in Parker Technology.
After the C round, Haina Asia and Alibaba Investment Group, which entered the B round, will each hold 5.7% of the shares. CITIC Construction Group, which also entered the B round, will continue to hold 4.7% of the shares of Parker Technology.
Sequoia Capital, Tencent Investment, Pan Atlantic Investment and Baidu Venture Capital, which entered the C round, will each hold 1% of Parker Technology's shares.
At the end, Shang Fuhai said: "Everyone, each of you transfers to Parker Technology for 183 million US dollars, and you will complete the transfer within one month. There is no problem."
Seeing everyone nodding in agreement, Shang Fuhai continued: "But we are ugly, if the payment is not paid overdue, I will not wait for anyone here after the due."
Wang Qiong said: "Brother Shang, this 183 million is not a small amount, and it takes time for us to prepare money."
"Okay, Sister Wang has spoken. I must give this face. Why not do this? The deadline for others is 1 month, and I will give Sister Wang a month and one day." Shang Fuhai said with a smirk on his face.
Wang Qiong was happy to hear it, but after he finished listening, he was so angry that his stomach aches: "Get out!"
Chapter completed!