Chapter 250

As soon as the news that Renren was about to open Series C financing was released, it directly caused an uproar, followed by Facebook’s Series C financing. The two companies are vying for each other, and no one wants to fall behind.

Although Facebook has fallen behind, it is also an international social software with a market share of close to 40%, which has good strength.

Therefore, after hearing the news of the financing, everyone became excited.

It’s just that the price is too high, 16 billion dollars? Then, a share of one point will cost 160 million dollars. Just to maintain the shares without shrinking, you will have to pay several hundred million, let alone continue to invest.

But there are still many people rushing to it, because it swells too fast, and it reminds everyone of Yahoo around 2000. The stock market crash directly ushered in the winter of the entire Internet world.

However, in the face of huge interests, countless investors are still surging, because everyone is not Yahoo 130, nor is Facebook.

Now Renren and Facebook have achieved profitability, and the profitability is not small.

Everyone made a profit of at least 200 million dollars this year, which is pure profit!

This is where they recognize everyone’s valuation the most. It has been able to make blood by itself, and it will grow larger and larger in the future.

According to the original company financing, it should not be what it is now, but everyone is a freak, no way, just like Facebook is a miracle product.

It is necessary to confirm what stage the company is in and how much money can be financed. The development stage of the company can be simply divided according to the rounds, or you can calculate how much money needs to be financed. A certain premium.

According to the current industry common sense, the current financing rounds in the domestic market can be roughly divided into: seed round, angel round, Pre-A round, A round, A+ round, B round, C round, BAT round, Pre-IPO Round and IPO round.

These are the financing rounds encountered in the development of the entire enterprise, which are academic divisions divided academically or according to the size of the project and the financing time.

Needless to say, the seed round and the angel round. Su Cheng has done it himself. At the beginning, it was round a, and then round b to the current round c.

The seed round usually only has an idea and a team, but there is no specific product, and there is no product demo.

The angel round usually means that the team has been formed, the product has a demo, and there is a preliminary business plan for the product. This round is the angel round.

The A-round products have matured, have complete and detailed business models and profit models, have a certain position in the segmented field, and have a reputation among consumers.

Even if you are still at a loss, you can choose a professional venture capital institution to conduct A round of financing.

Everyone started financing at this step.

Round b is equivalent to burning a round of money. The business model of the project has been initially verified by the market, the business has also been expanded to a certain extent, and the project has achieved greater development.

At this time, the company may need funds to support the development of new product lines and businesses. It can persuade investors in the previous round to follow suit and find new investors to join. It can also attract private equity (PE) to join the project. Promote the project later.

In round c, the project has matured, and the project is already the top three in the subdivision field, and it is ready to go public.

At this time, in addition to the need to further expand new business, it can also lay a good financial foundation for supplementing the closed-loop business and preparing for listing. The financing amount is between hundreds of millions to billions.

This is the step that everyone is going to take now. As for the subsequent financing is to prepare for the listing, it is strategic and easy. This is the process in the traditional sense.

After Su Cheng had dealt with the mobile phone alliance, he turned his attention to Renren’s C round of financing, because this will be the last round of financing before going public.

How fast it was to burn money in the first place, now it is easier to raise money. Although there is still about $100 million in round b financing on the account, loving you does not mean that you have to choose financing after the funds are burned out.

It usually starts to contact the capital side within 3 months before the funds are burned out, and then completes the financing work in the next 1 to 2 months.

However, things are completely different when it comes to Su Cheng.

“Tell them that this is the last round of financing. After the financing is completed, everyone will prepare for the listing and will no longer accept any capital funds. This is the last chance to get in the car. Love will come!”

Qin Weimu spit out his tongue, the boss is really getting more and more domineering, but think about it when the A round of financing was so domineering, it was really cowhide!

A natural business genius!

The outside world’s name for Su Cheng has changed again and again!

None of this is important, and Su Cheng doesn’t care, but he knows one thing, as long as everyone completes the financing, even if they have not yet been listed, he is also the richest man in the Mainland, and even the richest man in Asia…

Because this is just one person, he also has everyone’s game platform, future technology, cornerstone technology, Polaris entertainment and so on.

After completing Renren’s C round of financing and completing the merger, he will shift his sights to other industries that can be listed.

Except for Yunge Search, Bib, Renren Music, Renren Film and Television, etc., he is not planning to go public.

Even if it is listed, it will be listed on Hong Kong stocks or large A-shares in the future, and will no longer go overseas to list.

At that time, such a company would be the Zhenhai Shenzhen of the stock market, but everything has to be done step by step.

On December 6, a group of investors gathered together and came to the hotel prepared by Su Cheng. This financing meeting will be held here.

This time the financing was quite low-key. Before notifying the original investment institutions, Su Cheng requested confidentiality and handled it in a low-key manner.

Therefore, it was calm.

This time, not only Su Cheng, but also Wang Xing came back. In one year, riddet and poker combined with everyone’s close cooperation, and it was for this reason that they suppressed Facebook.

“I’m thin, but your results are very good. I’m very satisfied. The two softwares are well developed.”

Wang Xing still sighed, “But the profit direction is not easy to find.”

Su Cheng smiled and shook his head, “Is it because everyone of us makes too much money? Otherwise, how can we make money everywhere? We also need to lose money. This is our strategic policy, and it’s not the time yet. Not bad, but look at it in the future. In this era, everything is changing too fast, so you don’t have to worry about the direction of profitability. Even if we lose, we can still make up for it from everyone.”

Wang Xing points to the catalog. Although the results are very impressive, he is still a bit unwilling, but that’s all.

“So, after this round of financing, it will be listed?”

Su Cheng nodded and said with a smile, “This is natural, and everything we are doing now is preparing for the listing!”

Wang Xing was a little worried, “But I look at the current economic situation in the United States is not so good!”.



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