Become the richest man in the world starting from the rebirth of college entrance examination

Lin Hui knew that it was normal for Zhou Hao to build a website. After all, the initial capital of Wangwa.com was earned from the four people from Dreamtime. Based on Lin Hui's relationship with them, this matter was not a secret at all.

Zhou Hao didn't hide it, nodded and said with a smile: "I built a music listening website during the summer vacation, and a post bar some time ago."

Lin Hui said: "I heard that these two websites are very popular and have a lot of traffic?"

Zhou Hao said: "It's not bad, but it's far from reaching my goal."

Lin Hui asked again: "When the website develops to a certain scale, your investment will be very large, right?"

Zhou Hao said: "Yes, when it reaches a certain scale, investment in all aspects will increase exponentially. The initial investment in the website is only a few thousand yuan a year, but if it develops too fast, millions a year will not be enough."

Zhou Hao thought about future video websites. They would have to pay huge costs for server space and bandwidth in the future. This cost is so huge that it is almost unimaginable for today's Internet companies.

Lin Hui asked Zhou Hao: "Let's put it this way, the more you invest in it, the harder it will be, right?"

Zhou Hao nodded and said: "I feel struggling now, so I am ready to talk about financing."

Feeling that Lin Hui seemed to be very interested in this matter, Zhou Hao asked tentatively: "Brother Hui, if I talk about the next round of A-round financing, and a big company will lead the investment, would you be interested in joining the investment to have a little fun?"

Lin Hui's eyes lit up: "Are you willing to let brother in?"

Zhou Hao felt that Lin Hui and he had a good temperament, and he also had vision and ideas, and had helped him a lot. If the two of them could reach a community of interests, they would definitely be able to do a lot of things that he could not do, so he deliberately let Lin Hui Check out stocks on Wangwa.com and Tieba.

Besides, I have always been eyeing the future real estate markets in Beijing, Shanghai, and even Yangcheng and Shenzhen. But I don't know shit about real estate. If Lin Hui is here, the two of them may be able to get a share of the real estate market together, so diluting a little of my shares and letting Lin Hui come in is a good thing.

So Zhou Hao immediately offered an olive branch: "To be honest, Brother Hui, originally I was only planning to dilute 10% of the capital in the A round. If you are really optimistic, I can give you five points of shares in the A round. If you follow the investment behind the capital, you will enjoy the same treatment as the lead investment capital.”

Equal treatment means that when investing, you will enjoy the same treatment on valuation, cash out, increase and decrease of holdings, etc.

For example, when Zhou Hao chooses capital, he will give a certain preference based on the resource strength of the capital.

For example, if a company with resources like Baidu invests in itself, I can give it a 30% discount on the psychological price. Because they have strong resources, they can make Wangwa.com and Tieba develop faster, but if it were an ordinary investment bank, Zhou Hao would not discount or even raise their prices.

If Zhou Hao talks about Baidu's A round, Baidu will definitely get a lower price, but if there are other capitals to participate in the investment, it will not be such a good treatment. But generally speaking, those who follow the investment have high hopes for the project, and there are big companies leading the investment. Even if they don't get the same treatment as the leading investor, they will still invest.

The treatment Zhou Hao gave Lin Hui was that even if he was a follow-up investor, he could also enjoy the treatment of a lead investor. He was treated equally. This was a big discount.

Although Lin Hui is not involved in the Internet, he is also very knowledgeable about financing and investment. As soon as Zhou Hao said these words, he knew that this younger brother was not in vain. Although the shares were only 5%, he did not understand the Internet at all. The future is also very good.

So, Lin Hui said: "Brother, don't regret it. I am really interested in the Internet, but I just don't know how to join. If you are really willing to dilute 5 points of your shares to me, I will keep it!"

Zhou Hao smiled slightly: "Brother Hui, since I said it, I will definitely not regret it, and this is only the A round. If it reaches the B round and the valuation increases, and you want to cash out and leave, I will communicate with the investors and give you priority to cash out. ; If you still want to invest in round B, I will give you the same treatment, and we will negotiate the specific points."

Zhou Hao's words were equivalent to giving Lin Hui a guarantee.

The A round came in with a valuation of tens of millions. When the B round valuation increased several times, or even more than ten times, if Lin Hui wanted to leave, Zhou Hao would definitely help and let him transfer the shares directly to the B round investment. Otherwise, it is guaranteed that he can withdraw all the principal and interest.

When Lin Hui heard this, he was amazed at Zhou Hao. How could this kid have such a deep understanding of capital at such a young age? If it wasn't face to face, I would have thought I was chatting with a venture capitalist in his thirties or forties.

However, Zhou Hao's words also made Lin Hui very happy, and he immediately said: "Brother, I won't be polite to you! When you talk about the A round, I will directly follow the investment in my own name!"

"Okay!" Zhou Hao smiled slightly. It was obvious to both of them that Zhou Hao wanted Lin Hui to get in the car, and Lin Hui also wanted to get in the car. Then they would hit it off and enjoy the scenery together.

Lin Hui didn't just want to see the scenery at this time, he just wanted to take Zhou Hao's ride. He didn't care whether the ride could make money or not. He just felt that he should be tied up with Zhou Hao. Let the two have more possibilities in the future.

Thinking of this, Lin Hui said again: "Brother, I got a new piece of land, three kilometers southeast of the city, Guan Shilou, do you know?"

Zhou Hao nodded. Guanshi Tower is not famous yet, but it will become a landmark in Yao'an in the future. With the development of the city, the city will continue to develop to the southeast. In the next few years, it will be the most expensive place in Yao'an.

Lin Hui said: "Construction of this land will start early next year. There are many investors, but my brother is the major shareholder. If you are interested, I will personally give you five points. What do you think?"

Zhou Hao smiled awkwardly: "Brother Hui, the real estate you develop can easily cost hundreds of millions. Five points will cost at least several million more. I can't afford it!"

Lin Hui smiled slightly: "That's the total cost you mentioned. The start-up capital is not that high, just tens of millions is enough. The rest depends on bank loans and internal pre-sales."

Zhou Hao asked in confusion: "Internal pre-sale?"

"Yes." Lin Hui smiled: "There are many shareholders in a real estate project, and there are many people who want to participate in the project with money but cannot get in. After the project starts, in order to withdraw funds as soon as possible, a certain proportion of the house prepayment will be allocated. Selling to these people is also a way to collect funds as quickly as possible.”

Zhou Hao nodded and said with a smile: "Thank you Brother Hui for your kindness. I don't dare to say anything specific. Let's keep it for me first. If I can afford it by then, I can join in with Brother Hui. "

Lin Hui laughed: "No problem, if you don't have enough cash, I can lend it to you."

Since the two had similar ideas and both hoped to be tied to each other's interests, they had a particularly enjoyable meal.

Zhou Hao thought that his Wangwa.com and Tieba were still personal in nature. When the time came to talk about the A-round, it would definitely be corporatized. Instead of being blind when the time came, it would be better to get this done first and prepare to return to the capital to register the company.

However, it is a holiday now, and registration will have to wait until after the National Day. However, you can go to Beijing to find a specialized agency for help, which can save a lot of trouble.

Lin Hui has always been curious about Zhou Hao's expected valuation of Wangwa.com and Tieba. Zhou Hao said lightly: "According to different investors, the valuation should be between 50 and 80 million."

Lin Hui was completely stunned: "So high?"

Zhou Hao nodded: "Actually, this valuation is not high."

With the current development momentum of Tieba, if a round of financing is carried out in October or November, with its millions of registered users and millions of daily active users, the valuation can be at least tens of millions. The Internet valuation is originally There is a lot of room for redundancy, because the Internet has never looked at current profitability, but future development prospects. To put it simply, it can be said in two words: "concept."

Kaixin.com in later generations can get millions of dollars in round A financing, which means that the valuation of round A reaches tens of millions of US dollars. If it raises US$2000 million in round B financing, its valuation will be over million US dollars. In other words, In just a few months from round A to round B, the valuation has increased several times or even higher, which shows the importance of the concept.

Music listening will be popular for at least five to eight years in the future, and Tieba will be popular for fifteen to twenty years. Even if these two major products are just prototypes, discerning investors will give them high valuations.

Lin Hui was obviously frightened by this valuation. He couldn't convince himself of the feasibility of this valuation, but he didn't care too much. Anyway, as long as there was capital to lead the investment, he would follow the investment. He didn't understand the Internet, but the capital did. Ah, what's more, he believed in Zhou Hao and would not hesitate to invest millions in him.