The Black Card - Chapter 1424

[Chapter 1421 Variables of investing in Goldfinger Cards]

In July, the two companies Shi Lei invested in the United States entered the financing stage. When they each received financing, Shi Lei called up the investment Gold Finger Card and conducted an income inquiry. .

At this time, the company that originally had a lower valuation had reached a valuation of more than 80 million US dollars. They got more than 8 million in investment as they wished, and the acquisition process was not difficult.

The company with a higher valuation has also reached a valuation of close to 700 million U.S. dollars. The financing process is also fast and the execution ability is even higher than that of another company.

Shi Lei entered the name of the first company and the investment amount of 8 million on the investment gold finger card. The query time was three months later.

The results of the inquiry made Shi Lei feel quite overjoyed, because three months later, the eight million investment turned into about fifteen million.

This means that by the settlement date, the company’s value has increased by nearly 90%.

On the last settlement date, the company’s valuation was only over 60 million US dollars, which meant that Shi Lei’s original investment would be worth more than 30 million US dollars on the October settlement date.

After excluding the US$12.5 million achieved in the previous quota cycle, Shi Lei’s investment increased in value to US$17.5 million in this quota cycle.

After converting it into soft sister coins, this is already very close to 120 million.

However, this joy is only temporary, because the basic profit point of this investment in this quota cycle will reach as much as 500 million.

Continue to enter the name of a company with a high valuation. At the same time, Shi Lei entered an investment amount of 70 million, and the time was also set in three months.

What surprised Shi Lei was that after entering the numerical value this time, the interface for investing in the Gold Finger Card remained blank for a long time, as if the mobile phone suddenly lost the network and was searching.

After waiting for two or three minutes, Shi Lei still couldn’t wait for the result. Shi Lei’s brows furrowed tightly.

Suddenly, Shi Lei’s phone rang. He took out his phone and saw that it was the person in charge of the company calling.

Shi Lei answered the phone.

The other party’s voice was obviously a little excited, and Shi Lei couldn’t understand a word he stammered.

Shi Lei’s English was pretty good, so he could communicate normally, but it was not his mother tongue after all. The other party spoke so strangely, and Shi Lei was a little helpless.

“Don’t be excited. What happened? I remember that you have just received the investment and are about to sign the investment agreement, right?”

The other party was still babbling so hard that Shi Lei couldn’t understand. He seemed to hear someone in the background. cheer.

Shi Lei had no choice but to ask patiently: “Calm down first. If you are like this, I can’t understand what you are saying at all. My English ability is limited, but based on what you are saying now, I don’t think even your wife can understand it.” Right?”

The other party took two deep breaths, and Shi Lei found that all the sounds in the receiver disappeared. It must be that the other party covered the receiver.

After a full minute, the other party came online again.

“Mr. Shi…”

Shi Lei smiled: “Is your mood stable now?”

The other party said a little embarrassed: “It’s really exciting. We have been stuck on a technical point, and just a few minutes ago , that technical point has been overcome. Now our people are working hard to check the calculation.”

Shi Lei frowned and said: “The technical point has been overcome, do you mean that the product will be greatly improved?”

The other party took a deep breath. He said in a tone of voice: “Yes, if the results of the calculation can be finally confirmed.” “

How long will the calculation take?”

“At least one day.”

“Then you call me…?” Shi Lei seemed to already know who the other party was. Got it.

The other side paused again and said: “Once the breakthrough of this technical point passes the final verification and is announced, our company’s valuation will increase by at least 50%. So, we…”

The other party He suddenly became hesitant and seemed unable to speak.

Shi Lei had already understood the other party’s thinking and said: “So, Series B financing seems inappropriate because you think that after breaking through this technical point, the company’s valuation can exceed one billion?” “

Mr. Shi, if we sign an investment contract soon, He reneged on the agreement at this juncture and said that the company’s valuation needs to be re-examined. Will this…?”

The other party was obviously hesitant. After all, the current valuation is 700 million, and the amount of financing is only 70 million US dollars.

If, as he said, the company’s market value increases by about 50% because of this technical breakthrough, then the company’s valuation will suddenly exceed one billion.

As a result, 10% of the equity financing will reach more than 100 million U.S. dollars, which is a shortfall of 30 million U.S. dollars in investment.

Shi Lei thought for a while and said: “Do you think the difference in the financing amount of 30 million US dollars is more important than the increase in the company’s market value?” The

other party was silent for a while and said: “But, after all, it is 30 million US dollars. With these 30 million U.S. dollars, we can do a lot of things.” “

But your credit system is also broken, which will give you a very bad reputation in the investment circle. Of course, the agreement has not been signed yet, so you will regret it. Normal. However, I used to be an entrepreneur, and now as an investor, this investment has nothing to do with me. I personally think that a company with a good reputation system is far more important than that 30 million US dollars. More. Brother, your goal is to eventually build the company into a company with a market capitalization of tens of billions or even higher, instead of worrying about the financing amount of only 30 million US dollars.” The other party

took a deep breath. Said: “Mr. Shi, what should we do now? If we just sign the contract like this, it will not add more credibility to the company.”

Shi Lei nodded and said: “Tell the other party that the technical points you have been working on have finally made new breakthroughs. Therefore, everyone needs to invest in the verification of this research, and the signing of the investment agreement needs to be delayed.”

“Then what?”

“Then, when your calculations pass and this technical point is really conquered, then continue to sign the contract with the other party. Remember, don’t ask for a penny more. These 30 million will be the beginning of the company’s good reputation. .”

The other party sighed and said with great trepidation: “That’s 30 million US dollars. This 30 million will at least delay the company’s next round of financing for a few months.”

Shi Lei understood that if the financing was delayed for a few months, it would be enough. It means that the company still has money to operate, which means that the company’s valuation will further increase.

“I’ve told you the truth. This is a lesson learned from experience as an entrepreneur. It’s up to you to decide what to choose.” After saying that, Shi Lei hung up the phone.

At the same time, he also understood why the investment in the Goldfinger card would not yield results for a long time, because the black card also needed to be recalculated, and the company’s valuation would become higher because of this technological breakthrough.

More importantly, the person at the helm of the company has not yet decided on the final choice.

Whether to raise funds at a valuation of 700 million or a possible valuation of 1 billion will definitely have a great impact on the value of the company in three months.

And this decision is the biggest variable in the company’s valuation three months later. Even if it is as omnipotent as a black card, it still needs to wait for this variable to become quantitative.

Shi Lei returned to the interface of investing in the Golden Finger Card in his mind. He saw that the coordinate system was finally generated and the curve had already appeared.

This means that the person at the helm of that company made the final decision.

3

(End of this chapter)