The news that Xiaomi Technology is going to raise funds has just been released.
It attracted the attention of many venture capital bigwigs.
After all, now Xiaomi Technology has proved with their practical actions that they are enough to take a share of this market in China.
Moreover, it is very competitive!
Originally, when he was in the angel round, Lin Chen directly spent 10 billion yuan and got 40% of the equity, and at the same time helped Xiaomi Technology get on the fast track.
The company, which was valued at 25 billion by Lin Chen, now has a product and has been tested by the market, and it is worth at least 100 billion!
So after learning that Xiaomi Technology was going to refinance, they all gathered in Xiaomi Technology.
Risk Peak Investment, Baidu, IDG, Sequoia Capital, Today Capital, Hillhouse Capital.
This time, a total of 6 venture capital investors came.
Among them, the people who came from the last three families all smiled when they saw it.
Old friends.
Shen Nanpeng of Sequoia Capital, Xu Xin of Today Capital, and Zhang Lei of Hillhouse Capital.
The three of them are now old acquaintances, and they started talking as soon as they met.
The remaining three, although not too familiar.
But in this circle, although I am not familiar with it, I basically know everyone.
One or two come and go, and they can also say a few words!
Shen Nanpeng said with a smile: "Lao Xu, Lao Zhang, this is here to throw money again, you venture capital is quite rich!"
Zhang Lei also smiled and said: "We are rich? We are not as rich as the famous Sequoia, after dividing up Weibo last time, we have taken a fancy to this Xiaomi technology again this time?!"
Xu Xin sighed and said, "Okay, okay, don't block it here, Mr. Lei is still waiting!"
Several people chatted and walked into the VIP conference room of Xiaomi Technology.
When the tea was on everyone's table, Rebus also stood in the center, smiling at everyone.
He said: "I am deeply honored to be here today with so many powerful venture capital bosses! Before starting, I can explain to you one point, Mr. Lin of angel round investment, he has already said that he will not participate in this investment, and the equity should be diluted as much as possible.~!"
This is the case.
It made all these people present let go of some of their worries.
If Mr. Lin also comes over to raise the price, I'm afraid they won't be able to grab Mr. Lin at all.
That guy is a stud if he doesn't agree with him.
But fortunately, Rebus is actually a well-known venture capital boss in the market, and he naturally understands this kind of thing, and to create a company, it is necessary to attract more capital.
In this way, the road ahead can be a little easier.
After all, an institution's power is limited.
Only by having a stake in more institutions can we take a better path in the future.
So after hearing Rebus's words, the eyes of these people present suddenly lit up.
Boy.
That's good news.
I just don't know how much equity Rebus is going to release this time, and what is the upper limit of his psychological price?
But that's where they need to go.
Afterwards.
Let's get to the point.
Rebus said with a smile: "This time, we need to add a new production line for financing, which is expected to be the youth version of Zeng Jia's Xiaomi mobile phone, or another other mobile phone production line, as well as the research and development of Xiaomi mobile phone 2nd generation!"
These are the top priorities of Xiaomi Technology.
The former enriches the product line, while the latter focuses on core products.
Hearing Rebus's appeal, everyone present nodded.
Rebus is an old entrepreneur, and his words have won the hearts of those present.
Since there is no problem with the need for financing, it is now a matter of how much valuation!
on this.
Rebus is also very frank, he said: "According to the valuation on the market today, our Xiaomi technology is about 100 billion valuation, this time we will also release 20% of the equity, that is, financing 20 billion, I don't know if you have any opinions?!"
As soon as this remark came out. (If you read a violent novel, go to Feilu Novel Network!)
Everyone present looked at each other.
Nima.
For such an old fox of venture capital, he really can't take advantage of it at all.
Rebus said three words, but they felt that each of them could not be refuted, because they spoke to their hearts.
Look at me, people, and I'll look at you.
In the end, it was Zhang Lei of Hillhouse Capital who spoke: "Rebus is worthy of being an old man in the venture capital industry, the price you said is really not up or down, just right, this makes us really cut down and not easy to cut!"
Shen Nanpeng of Sequoia Capital and Xu Xin of Today's Capital both nodded when they met each other.
At this price, they are more agreeable.
No one takes advantage of it, and that's the normal price in the market today.
However, the other few, Xianfeng Investment, IDG, Baidu and other three venture capitals, are a little frowned.
The price was unexpected.
You know, a year ago, there was still nothing in this Xiaomi technology.
But Lin Chen's 10 billion investment directly put Xiaomi Technology on the fast track.
After that, the 2,000 yuan Xiaomi mobile phone became an instant hit again.
Now it is even more expensive to tell the price code with a valuation of 100 billion, and depending on the situation, these three venture capital funds are also very satisfied.
That's going to be hard.
The valuation they give internally is about 70 billion.
But now it seems that the three of them will be able to finance the 20 billion yuan.
However, Baidu's venture capital boss gritted his teeth and said, "We also agree with this valuation!"
Finally.
Half an hour later, a total of four institutions invested in this round of financing of Xiaomi Technology.
They are Baidu, Sequoia Capital, Today Capital, and Hillhouse Capital. (Gone)
Among them, Sequoia Capital led the investment, accounting for an investment share of 6 billion.
Today's Capital and Hillhouse Capital have shared a share of 5 billion by themselves.
Baidu got an investment share of 4 billion!
For several of them, it can be regarded as a great joy.
However, it was a trip between Dangerous Peak Investment and IDG.
But they also understand that after getting the 20 billion investment, I am afraid that the rise of Xiaomi technology will go further.
20 billion will be smashed, and I am afraid that the development speed of Xiaomi technology will be even faster.
But they can't help it.
The boss behind them gave so much authority, even if they called to apply, the reply they got was up to 80 billion, and the price of 100 billion was not estimated at all.
Seeing that the other four were wealthy, they casually took out these billions.
They are also very envious.
.。
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