My Age of Investment

"I've prepared a hundred thousand dollars!"

Yang Haoyong said seriously, "This money is almost all of my savings. My brother also invested a little. He plans to resign and go back to China to start a business with me."

"Then you're almost giving yourself no way out!"

Xia Jingxing smiled and looked at this old man. He heard about the entrepreneurial story of Ganji.com in his previous life, and it was extremely hard.

I rented an office of 70 square meters and went to the community and college dormitories to distribute flyers.

A sea turtle, who gave up the comfortable middle-class life overseas and returned to China to start a business, is undoubtedly extremely powerful.

"There is no need to leave any way out!"

Yang Haoyong smiled and pointed at his head again, "This is the back road. If you lose, you can find another job, save up again, and start again."

"All right!"

Xia Jingxing nodded, "Do you think one hundred thousand dollars is enough?"

Yang Haoyong knew that the main event was coming, and shook his head again and again, "This is definitely not enough, I have already calculated, we need to develop a website, and we need to hire marketing personnel.

And it may be ground push, sweeping city by city, which requires a lot of manpower expenditure.

Only the website has been developed, the ground push has also achieved certain results, and the data of Ganji.com has also continued to rise.

At this time, we can go to the A round. "

Xia Jingxing nodded, Yang Haoyong and his brother Yang Haoran had a business before, but because they caught up with the Internet bubble, the financing was not smooth, and they failed directly.

The lessons of this failure should give the other party a clear understanding of which projects the venture capitalists want to invest in, or what kind of results they want to see.

"Okay, you can report a valuation to me. If it is within the scope of my mind, I can decide to invest in you."

Xia Jingxing's promise made Yang Haoyong overjoyed and asked, "Really?"

"I don't need to tease you!"

Xia Jingxing sat on the large boss chair and looked at Yang Haoyong with a smile.

Yang Haoyong just woke up at this time,

I was so excited to chat just now that I almost forgot the identity of the other party.

The CEO, who is valued at billions of dollars, has also invested tens of millions of dollars in Tesla and LinkedIn.

He didn't know where Xia Jingxing got the money, and guessed that he had pledged his equity.

No matter what channel the money is exchanged for, there is no doubt that it is a very rich man.

The plucked hairs are thicker than his thighs!

"I need to discuss it with my brother."

Xia Jingxing nodded, "Yes."

He pointed to the resignation letter on the table again, "I will approve this!"

A flash of firmness flashed in Yang Haoyong's eyes, "Approve it, I will hand over the work as soon as possible."

After Yang Haoyong left, Xia Jingxing called Luo Li into the office again, and talked about Yang Haoyong's resignation approval and how to fill the vacant head of the network security department after the other party resigned.

…………

…………

In a high-end restaurant in San Francisco, Xia Jingxing met Yang Haoran who was a few years older than Yang Haoyong.

The two brothers look exactly like they were carved out of a mold, and they have a good relationship.

In the previous life of Ganji.com, the two brothers held equal shares. Yang Haoyong was the CEO and Yang Haoran was the president.

Haoran Yang graduated from the University of Texas at Dallas. He previously worked in the Intel Technology Marketing Department and is currently the project leader in the network monitoring team of a listed company in Silicon Valley.

In terms of achievements, the elder brother Yang Haoran is currently ahead of his younger brother.

Yang Haoran was very enthusiastic and held Xia Jingxing's hand tightly.

"Mr. Xia, it's a pleasure to meet you!"

"Haha, you're welcome, just like Haoyong, just call me Darren!"

Seeing that Xia Jingxing's expression was not polite, Yang Haoran stopped calling Mr. Xia, and instead called Daelun.

"Daren, you are a leader in our Chinese circle!"

Yang Haoran gave a thumbs up and said with a smile, "I used to be in the company, and my foreign boss always said that you Chinese are only qualified to be grass-roots employees, you don't know how to communicate, you don't have innovation, and you're very uninteresting.

The last time the foreigner’s boss said this, I went back and said that Facebook was founded by the Chinese.

The foreigner shut up in an instant, left without saying a word, and left gloomily. "

Xia Jingxing looked at Yang Haoran, who was full of witty words and held people in the invisible, a little funny.

The same two brothers, Yang Haoyong's character is much more restrained.

And Yang Haoran's ability to serve as a middle-level management of a listed company is estimated to have accounted for a lot of factors.

Don't think that foreigners don't like flattering, otherwise how can Indians be in Silicon Valley.

The gong chips are staggered, and the cups are replaced.

After three rounds of drinking, Yang Haoran finally brought up the topic.

"Daren, Ganji.com is definitely a good project. I believe you will admit this, right?"

Xia Jingxing nodded, "Yes, the idea is good."

Yang Haoyong smiled and said, "Okay, let's go for this idea. It's not too much for us to ask for a valuation of 5 million US dollars?"

Xia Jingxing sneered, "Are you sure you didn't report an extra zero?"

Yang Haoran said solemnly: "Daren, I'm not joking with you.

In this world, good ideas will never lack investors.

Sohu, Sina, Baidu, which one of them has not found a good entrepreneurial direction?

Charles returned to China with an idea and US$170,000. Just a few years later, Sohu was listed on the Nasdaq, bringing a hundredfold and a thousandfold return to angel investors.

If you invest hundreds of thousands of dollars in Ganji.com today, you may reap tens of millions of dollars in a few years. "

Yang Haoyong didn't speak, just listened.

Xia Jingxing smiled lightly, the other party really regarded himself as a novice.

"Okay, let me tell you this! When Facebook was valued at $5 million, we had already won 100,000 students from the Ivy League.

What does Ganji have? Just an idea, no website, no data, can you compare it with Facebook in the same period? "

Yang Haoran was at a loss for words, and said with a smile: "At this time and another, when the Internet bubble just broke out, the market was sluggish, and Facebook's valuation may have been underestimated."

Xia Jingxing smiled, this old man is too good at nonsense.

"Leaving aside the question of whether the valuation is undervalued, we have to discuss the importance of the $500,000 to Facebook at the time!

With the $500,000, we leased offices, leased more servers, expanded our staff, and created a mature technology development team.

These have laid a solid foundation for Facebook to sweep the American colleges and universities. "

Xia Jingxing glanced at the two brothers, his voice raised an octave, "And if we didn't get the half-million dollar angel investment at that time, the dating network might have stepped on our corpses.

The ignorant pursuit of valuation is meaningless.

You have to see how much value the money can bring you. "

Yang Haoran said with a smile: "Dailun, let me put it this way, the data of 100,000 users will definitely not be a big obstacle after the market goes online.

We now have 100,000 U.S. dollars in our hands, and if we put them in China, we can spend "800,000 U.S. dollars" in the United States.

We can wait for the money to be spent almost, and directly start the A round of financing after the data of Ganji.com is available.

The valuation of the Series A financing is not just five million US dollars. "

Xia Jingxing smiled and said, "I admit that one hundred thousand dollars can be spent in China.

But, have you ever thought about it? Someone ran in front of you, got a large amount of financing, and quickly distanced himself from Ganji.

By then, it was another situation. "

Yang Haoran said with a smile, "Anyway, in China at the moment, there is no website for classified information advertisements."

"Not now, does not mean not next month, not next month, does not mean not next month.

Underestimating the enemy is always the biggest threat to entrepreneurs! "

Xia Jingxing and Yang Haoran fought against each other.

Although considering the development of the previous life, Ganji.com's valuation of five million US dollars is not too expensive.

Exchange good books, pay attention to the vx public account. [Book Friends Base Camp]. Follow now and get cash red envelopes!

But no one is worried that the money is too much to burn. With the same money, the valuation of Ganji.com can be lowered, and more shares can be obtained.

Yang Haoyong interjected at this time, "Dailun, in your opinion, how much can Ganji.com be worth?"

Xia Jingxing said lightly, "One million dollars, 500,000 is considered a good model for me, and the other 500,000 is a good model."

Yang Haoyong shook his head, "It's too little. We want an angel investment of $500,000, but we can only dilute the equity by 10% at most."

Yang Haoran echoed his younger brother, "Yes, Darren, this million-dollar valuation is too contemptible."

"I didn't look down on people. If I looked down on people, I probably wouldn't be sitting here today. You guys are talking about this."

Yang Haoyong gave his younger brother a look, the latter understood and said, "Dailun, it's better than this, let's go back to China to set up Ganji.com and run it for a while.

If the data is ideal, let’s talk about the Series A financing.

If the data is not ideal, there is no need to talk. "

A good move is to retreat.

Xia Jingxing guessed that the two brothers thought they were determined to eat themselves, but he didn't eat it.

"Okay, then you go back to China to operate for a while, and then we'll talk about it later."

After finishing speaking, Xia Jingxing got up and grabbed his jacket and smiled at the two of them, "Thank you for your dinner."

Then, he strode out of the restaurant.

Yang Haoyong and Yang Haoran did not expect that Xia Jingxing would be so decisive, and left without any hesitation.

Isn't this normal?

Yang Haoran went to checkout at the counter, and Yang Haoyong hurriedly chased him out.

Xia Jing walked and walked, glanced behind him from the corner of his eye, why didn't he catch up?

Will it play off?

So he deliberately slowed down and waited for the fish to take the bait.

Sure enough, when he opened the car door and was about to get into the car, Yang Haoyong caught up.

"Daren, wait!"

Xia Jingxing pretended to be surprised and asked, "What's wrong? Did I drop something?"

After finishing speaking, Xia Jingxing also touched his pocket.

Yang Haoyong smiled bitterly, "I didn't drop anything, I just finished eating, I want to invite you to a cup of coffee to digest."