Reborn, you call this an honest person?

Chapter 86 Pinxixi's First Round of Financing

The more than 4000 million yuan of Pinxixi still needs to be spent. As for where to spend it?That must be an ad.

The four major portals, a family of 500 million, blogs, forums and other places where the Internet can gather, Wang Heng spends money on advertising,
In the end, Pinxixi only had less than 1000 million funds left to operate,

This time Wang Heng distributed benefits to the entire network enterprises, and soon all the news about Pin Xixi's disadvantages disappeared online. Wang Heng was equivalent to paying protection fees.
And Wang Heng intends to learn from Pinduoduo, spending hundreds of millions of dollars to advertise on the entire network every year.
As long as you surf the Internet, you can see Pinxixi's advertisement no matter which website you are on.

As for what the media says in reality, Wang Heng doesn't care at all. Anyway, those people don't go online, so they can listen to it as a story at most.
With such a combination of punches from Pin Xixi, the plate was basically stable.

As for why we still need to raise funds to provide benefits, firstly, the 12 billion is not for the users, but for the higher-ups, and this cannot be regretted.

The second fight Xixi started by cheating. If everyone is not allowed to divide the meat, he will eat alone, and he will definitely not end well. The more investors, the safer.
So this is why after the financing announcement was issued, apart from users scolding Xixi, as for Internet companies, even his opponent, Jack Ma, did not dare to jump out.
…………

At the beginning of August, a group of well-dressed business people ushered in the International Conference Hall of Hangzhou World Trade Center.

Wang Heng's Pinxixi financing meeting will be held here,
Since Wang Heng promised to donate the [-] million raised to the urban construction of Hangzhou, the standard of this financing meeting was relatively high, and an official representative also came to the scene.

Xiao Yan accompanied Wang Heng to greet the guests at the gate of the World Trade Center. Although Xiao Yan looked very polite at this time,
In fact, her heart was completely intoxicated by the artistic conception of the high society she imagined. When she stepped here, she could not go back.

It can be said that ordinary people can no longer satisfy her heart, unless there is a businessman like Wang Heng or a higher level pursuing her,

This kind of strong woman can also be said to be the ultimate gold digger. What she takes a fancy to is not a man's body, nor money, but status...

Fanghua in reality, milk tea girl is this representative,

In fact, this was also Wang Heng's intention. He deliberately cultivated Xiao Yan into such a person step by step, because only this kind of woman would not care about the love of men.

Many of the bigwigs here are well-known in the investment circle, but Wang Heng was an ordinary person in his previous life, and the only person he knew was Bernie Ma,

So no matter who came, he would always accompany the smiling face. Fortunately, Bernie, as the person who pulled him into the circle, introduced him by his side.

Wang Heng smiled and exchanged business cards with these bigwigs, even if his network was initially established,
Whether it is useful or not is unclear at the moment, and Wang Heng has never thought that something will happen to him, and these people can give him a hand.

This time there are more than 30 investment companies, with a huge financing of 12 billion, which is the only one in the first round.

But it’s not outrageous. Wang Heng took out 1.21 million venture capital, and tens of millions of users only valued it at 30 billion, which is very reasonable.

There are many such cases in Internet investment,
For example, Wang Heng invested in Youku with a domain name, with a venture capital of 300 million US dollars.
A few months after its establishment, it is ready to start financing with few users. The first round of valuation is 4800 million US dollars, and the first financing is 1200 million US dollars, which is equivalent to a 16-fold increase.
In 99, Bernie Ma sold 50 RMB to Tencent, but no one wanted him, but IDG and Xiao Li gave him a valuation of 500 million US dollars, which was directly multiplied by 100 times.
In 00, when Tencent was in trouble, IDG and Xiao Li were unwilling to invest again. At this time, another boss MIH came and directly valued Tencent at US$6000 million, which is equivalent to an eleven-fold increase.
IDG and Xiao Li chose to withdraw, so the investment myth of 11 times the investment profit in less than a year is famous all over the world, and the world calls it the little giant.

The legend of the little giant is still circulating in Xiangjiang...but it won't be long...

That’s why investing in the Internet is so miraculous. As soon as the money is invested, the valuation may increase exponentially within a month.
Pinxixi has tens of millions of users, and Wang Heng seems to have stabilized it, but the current valuation has not changed.

That is to say, as long as you invest in Pin Xixi, you can turn around and Pin Xixi will increase in value by 5 times. This is equivalent to Wang Hengbai giving them money to earn.

So all the bosses who came here were smiling, and Wang Heng also laughed, loss does not exist,
He plans that Pinxixi will be in business for at least 5 years before going public.
And in the past five years, at least 5 billion will be burned. Where will the money come from?Isn't it these big guys?
Besides, there will be a financial crisis in the future, he doesn't know the exact time, anyway, everyone will be miserable when the time comes,

Now that he helps them spend more money, it will be much easier for him to take back Pin Xixi...

……

When the meeting time was up, Wang Heng took the folder to the podium,

Don't look at Wang Heng being a wimp in his previous life. He has done a lot of things in this life, so he doesn't panic about this kind of speech.

It is said that financing is to tell stories to investors. Wang Heng can't make up a good story, and he will not reveal his true plan.

So he directly copied Jia's speech, and wrote such a sentence when he came on stage,

"Let's suffocate our dreams!"

After finishing writing, Wang Heng turned his head and said to the investors in the audience,
"My dream is to turn Pinxixi Mall into a cheap shopping platform with hundreds of millions of users, so that all ordinary people in China can shop at Pinxixi Mall......

Let me tell you a statistic. There are 14 billion people in the domestic market. On average, as long as one person spends 1400 yuan on Pinxixi, the marketing of Pinxixi will exceed 10 billion yuan. Even if only [-]% of the profit is taken, it will be huge. horrifying,

Pinxixi Mall uses the method of pulling people's heads to bring in many people who don't know how to surf the Internet. Some people think this is useless data, but I don't think so.

Since he can register with Pinxixi, it means that his family or friends will be able to surf the Internet.
So they can also shop online, and they can let their family members or friends who can surf the Internet purchase on their behalf.
As long as Pinxixi adheres to the principle of low prices, each Pinxixi user will be followed by a market that is geometrically multiplied.

The first thing Pinxixi needs to do is to cultivate the market and cultivate user habits. In a few years, Pinxixi will have hundreds of millions of users, with an annual turnover of trillions.
So 30 billion is not the end of Pinxixi, nor is 300 billion. 3000 billion is the destination of Pinxixi, and it is also my dream.

Let us join the big family of Pinxixi and suffocate for our dreams! "

Wang Heng dare not say 3 trillion, because that is not telling a story, but an accident.

Even if it is 3000 billion, many people at the scene felt that what Wang Heng said was a bit exaggerated, but almost no founders did not exaggerate the data when financing, so everyone understands.

Although it is not as exaggerated as 3000 billion, it must be far more than 30 billion.

So the investors asked about the use of the financing funds, (Although everyone knows that Pinxixi.com also announced it, but this is a necessary procedure.)
After the founder’s defense, the investors began to share the cake, no, the investment,

With Tencent as the lead investor, 20% of the shares have been determined long ago. For the remaining 20%, two companies will each get 5%, eight companies will each get 8%, and four companies will each get 1%.

Although 0.5% is not much, it still costs 1500 million, which was already a large investment for domestic investment companies at that time.

(End of this chapter)