Jian Hongcheng was dumbfounded!
He really did not expect this young man to be so arrogant.
One billion yuan, ten percent of the shares.
In other words, he believed that the current valuation of Sohu Weibo was more than one billion US dollars.
More importantly…
Wang Cong was talking about the first round of funding.
One had to know.
Any listed company had to go through several rounds of financing before it went public.
In other words.
If the first round of financing was so exaggerated, did that mean that the valuation would be even higher after the financing?
Jian Hongcheng looked at Wang Cong and remained silent for a long time.
After a while, he suddenly laughed."CEO Wang, you have a big appetite!”
Jian Hongcheng wasn't stupid after all.
To be able to become a senior partner of Sequoia Capital Asia, he naturally had his own strengths.
Moreover, he had to be careful.
Wang Cong had made it very clear.
He had no intention of selling his shares.
Sohu Weibo only accepted financing.
Moreover…
The share given was still very low.
The first round of financing was as high as one billion RMB, which was more than 100 million USD.
In other words.
Wang Cong's current valuation of Sohu Weibo had already exceeded one billion USD.
This guy really had a big appetite!
Hearing Jian Hongcheng's words, Wang Cong shrugged and said calmly,""Mr. Jian, you have to understand that it's not that I have a big appetite, but that Sohu Weibo is worth your investment. Believe me, after some time, you will feel that my valuation is too conservative.”
He was definitely speaking from the bottom of his heart.
If Wang Cong remembered correctly, when Weibo first went public, it was valued at eight billion US dollars.
It was close to 70 billion yuan.
Even if Weibo's listing in the US was not very effective, its market value would still exceed 5 billion US dollars.
This was Wang Cong's true confidence.
Of course.
Wang Cong was also deliberately trying to scam Sequoia Capital.
He didn't intend to keep his shares in Weibo.
After all, although the market value of a few billion dollars was not low, since it was going to be listed, the shares would definitely be diluted by continuous financing. In the end, there would only be about 20% left.
In that case, even if the market value was 10 billion, it would not be much.
To Wang Cong, this was just a springboard.
Looking at the confident Wang Cong, Jian Hongcheng did not speak for a long time.
He really hesitated.
After all, the price offered by Wang Cong was far from what Sequoia Capital had previously estimated.
But to be fair, just like Wang Cong said, Sohu Weibo had only been online for a month, and it actually had 100 million users. This in itself was shocking.
One had to know.
In the world of the internet, users represented everything.
To put it bluntly.
As long as you had enough users, no matter if the website was losing money or making money, people would invest in you like crazy.
Just like now.
No one knew better than Jian Hongcheng how attractive Sohu Weibo was in the investment circle.
Many managers of venture capital companies were probably already asking about Wang Cong and were ready to meet him for a chat.
If he really gave up on this opportunity, Wang Cong might meet with investors from goldman sachs or even jpmorgan chase tomorrow.
Thinking of this…
" President Wang, I don't have the authority to make decisions on this matter," Jian Hongcheng said slowly." Can you give me three days?"”
"Sure."
Unexpectedly, Wang Cong smiled and nodded in agreement."No problem."
He did not take this matter to heart at all.
Today, whether it was Sequoia Capital or other venture capital funds, the answer would be the same.
In Wang Cong's eyes, he was like a fisherman waiting for the right price.
Jiang Taigong fishing, willing to take the bait.
No matter who it was, as long as they were willing to pay, he did not mind cooperating with them.
Wang Cong's plan was to make Weibo public within a year.
It was even to the extent that…
He was already considering that if he could sell his shares for two billion dollars, he would abandon Weibo without hesitation.
After all, if he really had 2 billion USD, it would be equivalent to obtaining his first bucket of gold and he could create more wealth.
However, to be honest.
Wang Cong could tell that Jian Hongcheng was actually very moved by his suggestion.
After all, for Sequoia Capital, if they could really facilitate the eventual listing of Sohu Weibo, the profits would definitely not be low.
This book comes from：m.funovel.com。