I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

It seems that Alibaba's target share this time is 10%.

As a platform that will work closely with Haijing in the next two years, Jiang Hao has considered the market share.

After all, it is the lead investor and a partner for at least the next two years.

A 10% stake is acceptable.

The valuation of 500 billion euros has already reached Jiang Hao's psychological expectations.

With such a huge amount of financing, Jiang Hao doesn't want to be greedy anymore and still hopes to make a quick decision.

"Okay, 10%, a valuation of 500 billion."

Judging from the current situation, Haijing’s financing funds are absolutely sufficient this time.

It is sufficient for subsequent large-scale expansion and development, including large-scale development in various fields.

Seeing Jiang Hao agreed, Mr. Ma showed joy on his face.

It was worth it that he had reached a cooperation with Haijing and communicated with Jiang Hao in advance.

Now everything has paid off. Although the valuation is not low, Haijing is indeed worth the price!

Judging from the current development of Haijing, there is a high probability that it will become a global social entertainment platform, and its market value after listing is even more worth looking forward to!

Not to mention the current cooperation between Taobao and Haijing. The two parties can work together to truly fully develop the live streaming e-commerce track!

This is a new growth point for Alibaba’s stock price and the entire group.

"Boss Ma, I need this money to be fully paid into the company account within two years."

Compared with the B round of financing, although the valuation is not low, after the actual financing, each company will receive hundreds of millions of dollars.

This time, the C round increased tenfold.

Especially Alibaba, the lead investor, received a one-time cash payment of US$50 billion.

It is definitely impossible to transfer this amount of money all at once. Even for the three first-tier domestic companies BAT, this amount of funds needs to be prepared.

Including turnover from banks and payments from various channels.

If it weren't for the fact that the stock market, real estate and other industries are booming and are also experiencing rapid inflation, more than 30 billion yuan in cash would no doubt be an astronomical figure.

The amount of money that an excellent company can raise through a formal IPO may not be as much as Haijing’s this time.

"Boss Jiang, don't worry about this."

"The first batch of funds will be deposited into the company's account within this month, totaling 15 billion euros."

"Next year, 25 billion euros will be remitted, and I guarantee that the final 10 billion euros will be remitted within two years."

When it comes to this amount of funds, trouble begins.

The risks are relatively high, and no one can guarantee whether the money can be fully remitted to the company.

Fortunately, Alibaba’s Jiang Hao is confident that the financial situation will not be bad in the next two years.

If it really happens that in the future, when major groups begin to lay off employees and the stock market is sluggish, he may have to give more consideration to the timing of this financing.

After finalizing the deal with Mr. Ma, the lead investor, subsequent financing matters became much simpler.

Tencent and Baidu each acquired 480% of the shares at a valuation of 1.5 billion yuan.

As for the capital side, Zhang Jing was responsible for the preliminary communication.

By the time Jiang Hao arrived, the quarrel had already started.

The valuations are relatively clear, especially when Mr. Ma proposed a valuation of 500 billion Euros. In fact, all of these companies accepted this price.

The only issue that became more intense was the dispute over the market share.

After all, the three BAT companies alone hold 13% of the shares, and there are currently 7 capital companies that still hold the remaining 11%.

This is a difficult situation. You can’t possibly not get even 1% of the shares in one round of financing, right?

Among them, BlackRock Capital had the most objections.

As one of the largest capitals in the world, it mainly manages the capital of listed companies.

The last round of B round of Haijing was abandoned because Haijing’s expectations, including the high valuation, were not met.

Of course I regret it now!

You can make concessions on valuation and give a higher valuation, but you want to have a larger market share.

I hope to make up for the wrong decisions made in the B round of financing.

Capital companies also have their own specialties, some specialize in venture capital, and some specialize in the secondary market.

In the field of venture capital, even a strong firm like BlackRock Capital finds it difficult to have the vision and courage of Sequoia, IDG, Gaoling and others.

After several companies discussed it with each other, they naturally still reached no result.

For certain investments, people in the industry can make concessions to each other.

But when it comes to tangible interests, especially for Haijing Technology, a company with unlimited future potential, no concessions can be made.

In the end, it’s still the price that counts.

"550 billion USD, I want 4%!"

In terms of funds, BlackRock is indeed more confident than the other companies.

Of course, the most important thing is that no one wants to follow this valuation, it’s too high!

At the same time, this valuation and the remaining shares will dissuade several companies from investing.

Jiang Hao himself was naturally happy to see these capital companies quarreling with each other and raising prices!

It’s just that no one is a fool, everyone is limited to a certain range.

The entire C round of financing was finally completed on the afternoon of the third day.

After all, the amount of funds raised this time is too large, and many details including the time of funds receipt need to be strictly agreed upon.

Haijing’s future major development also requires sufficient financial support.

Finally, after all the discussions were completed, the financing situation came to an end.

After the entire C round of financing, Haijing’s valuation fluctuated between 480 billion and 550 billion US dollars.

After the financing, Jiang Hao and the founding team still have the highest equity, accounting for 51.2%.

Among them, Jiang Hao himself holds 38.2% of the shares, the founding team holds 7% options, and the remaining option pool to be distributed is 6%.

Alibaba is currently the largest shareholder, holding 12.4% of the shares.

Baidu and Tencent each hold a 3.9% stake.

Gaoling Capital eventually holds 4% of the shares, while Sequoia Capital and IDG each hold 5.2%

BlackRock Capital holds a 4% stake, SoftBank Capital holds a 4% stake, and Lei holds a 3.2% stake.

Professor Zheng, Lu Weiming and Yang Tianhao's shares were diluted to around 1%.

Mr. Wang from Meituan was the individual financier invited by Jiang Hao as a friendly invitation this time. He eventually held a few tenths of a share, which means he participated in the financing.

A total of 101.6 billion euros were raised this time.

Approximately 30 billion euros will be deposited into the company's account within the next month.

It can be said that all the funding issues of Haijing’s current projects have been solved!

At the same time, the huge amount of financing exceeding 10 billion US dollars can be said to be the largest financing case for domestic enterprises this year or in recent years.

The results of this financing quickly attracted attention from across the province and even the country!

On the evening when the financing was officially finalized, Jiang Hao was still entertaining many investors when news started to spread on the Internet.

"Haijing Technology's financing of over 10 billion yuan came to an end today!"

"A new giant in the domestic Internet industry! Valuation exceeds 500 billion US dollars!"