I’m Almost Losing to a Muggle

Angel round, 20 million, 49%. If possible, please sign on this, and it will be credited soon after signing. The impassioned speeches of the students did not make Pei Qianlong's blood warm a little bit. .

49% is too much, we can take out 30% financing at most.

The first investment is the most difficult. It is impossible not to bleed, but how much is also a problem.

The investment and financing of entrepreneurial projects can be simply divided into seed, angel, A, B, C, and D rounds according to different time points of the project. In actual operation, the traditional order of investment and financing can also be jumped out of, of course, depending on the different operation stages of the project. and investment value.

The seed is simple, that is, there is nothing, and if you can flicker, you will be given money.

The angel round is when the project has a prototype, has the first business model, and has accumulated some user resources. The investment amount is generally 1 million to 10 million, and the project valuation is around 50 million yuan.

There is ABCDEFG behind..., as long as someone votes, it is not a dream to vote in the Z round.

The shareholding ratio of angel investors generally does not exceed 30%.

There is currently no formula for calculating company valuations for seed rounds and angel rounds of financing. This is the real estimated value. Because your product has not been launched yet, or there are no users, or the value of users has not yet been reflected.

In short, in the seed round and the angel round, even the founders themselves don’t know how valuable the entire project is, and investors don’t even know the value of the project.

David also has no idea how much his project will be worth in the future.

But he is confident and feels that it is absolutely impossible for 20 million yuan to take away his 49% of the shares. Isn't this a joke? You are an old demon from Montenegro.

However, no matter how confident he is, he still faces a practical problem: the strong demand for funds in the initial stage, the company’s initial valuation is limited, and they will suffer greater equity dilution in rounds A, B, C, and D...

This is inevitable.

In fact, any entrepreneur goes through this stage.

Just lie down, don't struggle, just put on a show, if you are struggling too hard, other investors may pat their ass and leave.

In the final analysis, there is still nothing.

If you think it’s a loss, why don’t you consider the risk for other investors.

49% is too much, we can take out 30% financing at most.

David repeated it again, and his little friends held their breath, adding a bit of dignified atmosphere to the scene.

However, Pei Qianlong just pursed his lips and sat there quietly.

He didn't speak, just looked at these students calmly.

Obviously everyone seems to be considered the same age, but a few students have the embarrassment of seeing teachers and parents when they were young.

If you take away 49% at once, no one will be willing to raise money in the future. David quickly found another reason. He couldn't let the investors go away, but he couldn't be too humble.

Thirty million, 45%, this is my bottom line. Pei Qianlong finally spoke.

The voice is slow, but it has undeniable magic power.

Frankly speaking, when it comes to playing psychological tactics, a hundred Lin Dongs combined can't compare to Pei Qianlong.

Of course, Lin Dong has money, he only needs to play money tactics.

40%, up to 40%, we have already made a lot of concessions. This project will definitely succeed in the future. We are different from those grassroots teams. In the end, David was unable to refuse the funding under his nose.

If there is no more funds, they will go bankrupt.

In this case, no matter how good the project prospect is, it is useless.

It's rare to meet such a generous local tycoon. If you don't catch it, you will wait for those so-called investment tycoons who hold millions or even hundreds of thousands to occupy tens or twenties.

In fact, there are very few people who throw out 30 million in Angel Wheel.

Ten million is at most.

Those investment companies that operate normally in the industry generally invest in hundreds of projects in the seed round or angel round every year, and each invests only a few million yuan.

There are hundreds of them, and ten of them can enter the A round of financing. Then they can burn incense and fulfill their vows.

Twenty million, 40%. It was impossible for Pei Qianlong to back down all the time. He accepted 40% of the share, but the funds were cut off.

Several students looked at each other.

Finally, David stood up and apologized, and took several partners to the bedroom to discuss.

They finished the discussion very quickly. After all, David took the majority of this project, and the other four partners only cooperated, and the proportion was very small.

Fifty million, 45% share.

Obviously, the charm of money is still great. They want to do too many things and need too much money.

Twenty million is really too little.

Neither are necessarily enough to burn them to the end.

If it can't be burned, the project will be completely over, and it is meaningless to keep 45% of the share.

Therefore, they originally talked about 40% of the share, and now they take out 5% more in exchange for more funds.

Money is such a thing, it's really easy to make people's minds go crazy.

After all, if the other party can pay 50 million to buy their 45% share, what does that mean?

This shows that their project is valued at over 100 million!

This is just an angel round of investment.

No matter how confident David and his little friends are, at least at this stage, more than 100 million is enough to shock their young hearts.

David's family is in good condition, but he has never been exposed to so much money since he grew up.

Pei Qianlong remained silent for a while as usual, which made David and the others feel agitated, thinking that he was going to refuse.

Then he nodded slowly: Deal.

Get the contract again, talk about the details, and talk about your views on this project.

It was only then that David realized that the person in front of him was not a sudden idea, nor was he someone who could be fooled casually.

He is shrewd.

As for Dalong Technology, they have never found out anything famous.

And Pei Qianlong kept his identity secret, which made them feel like they were on a thief's boat.

However, Dalong Technology has everything, and the phone number of the Migrant Workers' Injury Bureau can also be checked, so they have nothing to do about it.

Pei Qianlong didn't even give anyone his mobile phone number.

Just left a fixed line.

Said that something can make this call during working hours.

The second target is a girl named Hu Wei, and Worship Technology Co., Ltd., which she founded in January this year.

Unlike David, who was born in the second generation and studied at Peking University, Hu Wei was born and graduated from a three-school college. After that, she worked as a car reporter for ten years. At the beginning, her monthly salary was only 3,000 yuan, excluding rent and daily expenses. There is not much left to spend.

The year before last, she went to the United States to participate in the Consumer Electronics Show and saw the hope of high-tech cars. She wanted to persuade her boss to open a new column of Auto and Technology, but she was questioned Where does the advertising revenue come from?

In a fit of anger, Hu Wei decided to go it alone, and in 2014 founded a new car technology media.

And this year, having been immersed in the travel industry for ten years, she also saw the bright future of shared bicycles, and founded Worship Technology in January.

The starting point collapsed, yesterday's can't go out