Reborn Nobleman: Starting From Eagle Sauce, He Made Hundreds Of Billions

Leave?

Xiong Xiaoge also wants to leave.

It’s such a shame for the capital.

But if he leaves, other capital institutions will rush to give money to Youtuan.com.

If he doesn’t leave, Su Chengyang’s valuation is far beyond his expectations.

Although Youtuan.com has great potential, many companies have been born in this field like spring rain.

Youtuan.com is leading now, but it may not be the last one laughing.

But from the current situation, Youtuan.com has a great chance of winning.

There is no way. Compared with other startups, the boss behind Youtuan.com is Su Chengyang, and no one knows how much money the other party has.

Just the acquisitions by Activision Blizzard and Perfect World, which have been exposed, have exceeded 5 billion US dollars.

Several of its games are hits, and it seems that they are not short of money at all.

There is a steady stream of money to invest.

These are not comparable to other startups.

Unless the people behind these startups can provide long-term blood transfusions, and the blood transfusions are for a long time, otherwise the chances of winning are not high.

“cough cough~~”

“Everyone, if you have any questions, you can ask me. I will definitely answer any questions I can.”After sending Su Chengyang away, Yao Wenjing returned to the conference room and looked at the representatives of several venture capital institutions with a smile.

He thought of what Su Chengyang had just said to him outside,”Don’t be timid, they want to invest now, not us begging them to invest!” Although Yao Wenjing had seen investors before, this was the first time he had seen such an awesome person. He really deserved to be the boss, that’s how awesome he was.

However, Su Chengyang played the good cop, and now it was his turn to play the bad cop.

“Mr. Yao, I would like to ask whether the data you provided is true or false?”

A representative of Hillhouse Capital asked.

Yao Wenjing smiled and said,”Of course it is true. The data provided to you can be held legally responsible. In addition, this is data from the past two days. The number of registered users and accounts that have traded will increase.”

Seeing Yao Wenjing’s resounding words, several people nodded slightly and approved the information in their hands.

“Mr. Yao, I have another question. Why does your company’s financial report show that it has been making losses all the time, and the amount of losses is getting bigger and bigger?”

“It’s very simple. We must first expand and strengthen the market before we think about profitability. Before that, Youtuan will not consider profitability. Our goal is to be the first in the industry and have a market share of more than 70%.”

“I know that there are many startups and even some Internet giants planning to enter the group buying market. We have anticipated this a long time ago.

Even if there are thousands of group buying websites in the future, we can still fight our way out and defeat all of their competitors.

No matter what capital is behind these companies, Youtuan.com has the confidence, strength and determination to defeat all competitors.”

Yao Wenjing said loudly and proudly.

That invincible look infected the three investment representatives.

In addition, Youtuan.com had already anticipated that there would be competitors following suit.

And he even said there were thousands of competitors.

He was still so confident and decisive.

This shows that they are not worried about following suit at all, and are not afraid of competition at all.

This can only mean that the other party has the confidence and can rely on it to win.

Although it is not clear why Yao Wenjing is so confident, as an investor, what he wants is the courage of entrepreneurs to move forward and ignore all competitors.

If even the founder has no confidence, what else do investors invest in?

On the other hand.

Su Chengyang returned to his office, called his assistant Sun Yixuan to give him a massage, and then closed his eyes to enjoy the attentive service from the secretary. He seemed to be relaxing, but his mind was not idle.

The valuation of 6 billion US dollars is very high for the three companies, but the future returns are also very high. Based on his understanding of Sequoia and Hillhouse, the probability of investment is very high, but it is not necessarily IDG.

IDG is strong, but Dragon IDG is still much weaker than the United States. However, Xiong Xiaoge is a man with good vision, and it is impossible for him not to see the advantages of Youtuan.com.

In short, it depends on the choice of the three companies.

If it doesn’t work, change to other companies. There will always be someone who will recognize this valuation.

Even if there is no one, it is not a bad idea for him to support it himself.

This is not the best choice, but if things really come to this point, let Oasis and Oasis participate in the A round of financing, and after gaining a larger market share, conduct a B round of financing and introduce outside capital.

But at that time, the valuation will be more than 6 billion US dollars.

“Chairman, how is the strength? ．｀ ．？”

Just as Su Chengyang closed his eyes and thought, Sun Yixuan’s soft voice came from behind him.

“Um~~”

“Good strength”

“This pinching technique is also good”

“Assistant Sun, I didn’t realize you were so talented. How do you know how to give a massage?”

“Thank you for the compliment, Chairman.”

Sun Yixuan said with a smile:”I learned it from the Internet”

“Learned online?”

“Well, I followed the video tutorial and found a pillow to practice before the exam. Practice makes perfect, and I learned it over time.

Su Chengyang said:”It’s a good thing to learn more.”

“This person, if he has one more skill, he will have more opportunities.”

Sun Yixuan echoed:”I think so too.”

“Dongdong~~”

Then there was a knock on the door.

“Come in”

“Chairman, they have already left.”

Yao Wenjing came in and took a look at Sun Yixuan who was massaging Su Chengyang, and then reported to Su Chengyang respectfully.

Su Chengyang opened his eyes, waved his hand, and motioned Sun Yixuan to leave. Seeing this, the latter left the office

“How is it going?”

“None of the three companies said they would invest immediately, but only said they would communicate.”

“I understand.”

Su Chengyang nodded and said,”Don’t worry.”

“In case the three companies don’t invest, it’s okay. Don’t worry about the funds.”

“Now let’s talk about Youtuan.com.”

Su Chengyang said:”There was no big publicity before, a big part of the reason was to save money and keep a low profile as much as possible. Now that the Youtuan.com incident has been reported and attracted the attention of so many investors, I don’t think it’s necessary to hide it anymore.”

“It’s time for a massive publicity campaign”

“Especially for online promotion, buy keywords related to group buying”

“In addition, regarding the brand, I think we can upgrade it and let our artists or celebrities endorse it, and advertise it at bus stations, taxis and subway stations.

There are also some office buildings, etc.

Tell the local promotion team to speed up the progress, cover as many cities as possible, seize the market, especially some important cities”

“Finally, inland cities like Chongqing and Chengdu in the west should also increase their promotion.”

“The economy in these places is relatively weaker than that in the coastal areas. They have a large population and relatively weak economic development. The frequency of group buying will increase a lot, so users in these places will be the focus of expansion in the future.”

Staring at Yao Wenjing, Su Chengyang said seriously

“Got it!”

Yao Wenjing said excitedly, rubbing his hands.

To be honest, he had wanted to do large-scale marketing for a long time.

It was Su Chengyang who had been suppressing him.

Now he finally let go and did a great job.

Three days later.

Sequoia, Hillhouse, and IDG came to Shanhai Building again.

After a period of negotiation, the three companies finally agreed to participate in the A round of financing of Youtuan.com at a valuation of 6 billion US dollars.

Among them, Sequoia, which has sufficient financial resources, invested 600 million US dollars, accounting for 10% of the total share capital.

Hillhouse and IDG invested 300 million US dollars, accounting for 5% each. In other words, Youtuan.com took out 20% of the shares and obtained 1.2 billion US dollars in financing.

The contract was signed.

Another week later.

The funds of the three companies arrived one after another.

The time came to July 3.

Youtuan.com announced this news to the public. In addition to demonstrating to those competitors who have sprung up like mushrooms after the rain, it also boosted the company’s confidence.

The news first caused a huge sensation in the company.

Then, when the news was released through Youtuan.com’s official account on Weibo, the entire Dragon Internet was boiling, and even the United States and even the global investment community were shocked.

The A round of financing was 1.2 billion US dollars.

Three months after the establishment, it was valued at 6 billion US dollars.

This is not only the company with the largest A round of financing in history, but also the craziest investment in the history of the Internet.

Countless media outlets exclaimed that it was crazy.

They claimed that it was crazier than the Internet bubble in the millennium.

However, in the face of external doubts, people from the three venture capital institutions all expressed their optimism about Youtuan.com when interviewed by reporters.

IDG’s Xiong Xiaoge even claimed:”¨‖ ¨‖ If the shares that Youtuan.com sold were not limited, the amount he invested would be even greater.”

Since they are all his own people now, Xiong Xiaoge is naturally happy to promote Youtuan.com, so that if Youtuan.com does well, he can also get more benefits.

Then, someone revealed the details of Youtuan.com.

It is a product of Shanhai.com.

It is said that the idea of this project came from Su Chengyang, and Yao Wenjing was just the executor.

Now Su Chengyang’s name resounded throughout Longguo again.

For a time, Su Chengyang became the idol pursued by countless young talents.

They all devoted themselves to the Internet.

They hoped to become like Su Chengyang, who created a company valued at billions of dollars overnight..

He is also the diamond-level marriage partner in the hearts of countless beautiful girls. It is said that a media has made a ranking list, asking girls which man they want to marry the most.

In this list, in addition to Li Yanhong, Xiao Ma Ge, Jack Ma and other old-fashioned wealthy people, there are also some (Wang Ma’s) (Wang Ma’s) rich second-generations, the so-called four young masters of Beijing.

More than 300,000 people participated in the voting.

Su Chengyang directly topped the list with more than 290,000 votes, crushing all the people on the list.

As for how much money Su Chengyang is worth, it has become the subject of discussion among countless people.

Foreign media also said that Like.

However, behind the cheers, many companies and entrepreneurs who run group-buying websites are as excited as if they had been injected with chicken blood.

Baidu, Alibaba, Penguin, Wangyi, Sohu, etc., well-known domestic Internet companies, and even game companies, have all set up group-buying projects.

With dozens of group-buying websites being born every day, they are rapidly developing in the land of Longguo.

For a time, various group-buying websites with different names emerged like mushrooms after rain.

In Yucheng, roar.

After seeing the news report, Su Lao and Liang Wenjie hurriedly called to verify.

Hearing about the matter from his son After it was true, the two were dumbfounded, looking at each other, not knowing what to say.

Finally, Father Su sighed again that he, as a father, did not live as well as his son.

After receiving the call from his parents.

Su Chengyang received more than a dozen calls in succession, from relatives of the Liang family, the Su family, and even the Qi family, who rarely visited, all called to congratulate.

Then there were a group of women who had relationships with Su Chengyang, and then some people he had met in Hong Kong before, and so on.

In short, the calls kept coming.

In the end, Su Chengyang was really annoyed and turned off his phone directly.

Now, the whole world is quiet..