"Yes, I am a person who advocates win-win!" Lin Xiaoguang smiled and nodded without hesitation.

As soon as he said this, many of the people present changed their faces slightly and their minds were different.

After a while of silence, Graf said: "In fact, as you said, the pre-a round of WeBank Venture Capital will make a three-fold return to crowdfunders. This will not be a loss for us. On the contrary, if WeXun Network does not have a pre-a round, the money should be yours. This is equivalent to giving the money that was originally yours to crowdfunders."

Graff is right, it is indeed the case.

A round of financing, Idj invested 80 million or 90 million US dollars, accounting for 5% of the shares, and Wexun Network raised 80 million or 90 million US dollars. If the pre-a round is added and Weizhong Venture Capital, which holds 0.4% of the shares, withdraws, this part of the equity will resell Idj Capital at a price of 6.4 million or 7.2 million US dollars.

At the same time, the pre-a round will also dilute equity proportionally. Although it is only 0.4% together, Lin Xiaoguang personally releases 0.2914%, option pool 0.058%, peak fund 0.024%, idj capital 0.019, and Han Xia 0.0076%.

Without the pre-a round, this money is from WeChat Network.

Adding the pre-a round, it has no impact on investors. The company has an impact. It was originally able to raise 80 million or 90 million US dollars, but now it can only raise 73.6 million or 82.8 million US dollars.

It’s nothing to dilute, after all, the equity has appreciated by three times accordingly.

"It doesn't matter if WeChat has lost a little. We just want to give full benefits to every crowdfunder, so that they can feel the company's enthusiasm for them. Although the registration volume of WeChat is increasing, I don't think there will be many active users. The true supporters of WeChat are crowdfunding participants."

Lin Xiaoguang's eyes shining brightly: "Think about it, the first crowdfunding will be tripled. After the A-round financing press conference, we will announce the start of the second crowdfunding, with tripled returns. I wonder how many people will participate at that time?"

"Personally, I don't care about this money. I care about so many people, so they will support WeChat without hesitation."

"After all, Weixun has collapsed, and their crowdfunding investment is equivalent to failure."

"Ba!Ba!Ba!Ba!" Graf showed approval and applauded first. Then Victor shrugged and then stretched out his hand to applaud, which attracted everyone else to applaud, and the applause rang throughout the conference room.

"I have to say, lin, you successfully convinced me." Graff spread his hands.

Lin Xiaoguang smiled warmly and felt helpless: "At this stage, starting a business is no longer the time to win the giants by simply spending money and plagiarism. If we, those of us who challenge authority, cannot find another way and capture the hearts of users, no matter how prosperous the scenery is, it will be just a mirror."

"You're very calm!"

There is no need to be modest in front of the foreigner, he nodded: "I have always been calm."

"That's good. WeXun needs a calm CEO to lead the whole company forward." Graff nodded and stared at him again: "Okay, the valuation you mentioned is 1.8 billion US dollars and 90 million financing. I agree. So, will you also cash out this time?"

"Yes, I want to sell 1% of the shares to improve my life." Lin Xiaoguang nodded honestly.

"Yes, dear lin, you are a billionaire now. Although it is only on paper, it is indeed necessary to realize it. It is not necessary to keep poverty for entrepreneurs. You can fully demonstrate your wealth." Graff agreed.

"Thanks!"

After the core clause is over, things will be much simpler next.

The pre-a round ends with a valuation of US$600 million, and the shareholding ratio is Lin Xiaoguang's personal 72.5586%, the option pool is 14.442%, the peak fund is 5.976%, the idj capital is 4.731%, Han Xia is 1.8924%, and WeBank Venture Capital is 0.4%.

Then start a round of financing, with a valuation of US$1.8 billion and a financing of US$90 million, and each company releases 5% of its equity in proportion.

At the same time, Lin Xiaoguang personally sold another 1% of his equity, and WeBank Venture Capital sold the diluted 0.02%.

Therefore, the shareholding ratio was released, Lin Xiaoguang was 68.29076%, option pool was 13.7199%, idj capital was 10.51445%, peak fund was 5.6772%, and Han Xia was 1.79778%.

At this time, Lin Xiaoguang suggested to make up an integer.

He personally gave 0.0801% to the option pool, noting that it was a gift, free, and other things, he sold it to idj Capital 0.08555%, at the same time, it was sold to 0.0228% to Pinfeng Fund, and 0.00222% to Han Xia.

Idj Capital has no objection to this proposal, and Tingfeng Fund also said that it is no problem, but Han Xia said that she cannot afford nearly 30 million rmb.

So Lin Xiaoguang lent her money to her for helping raise funds this time.

Finally, the final shareholding ratio was released, Lin Xiaoguang personally held 68.2%, option pool 13.8%, idj Capital 10.6%, peak fund 5.7%, and Han Xia 1.8%.

Lin Xiaoguang personally transferred a total of 1.23577%, gave away 0.0801%, and cashed out 155707020rmb, which is more than 150 million.

Among them, Han Xia needed to pay 27972,000rmb to the other party to purchase the equity.

The core terms were reached, Lin Xiaoguang, Idj Capital Graf, Victor, and Han Xia were all happy.

The management of WeChat Network is also very happy. On the one hand, the company's market value has increased nine times from US$200 million after the angel round to US$1.8 billion now. On the other hand, the option pool has increased by more than 10 million. Although it is small, it can also be seen that Lin Xiaoguang is not a stingy person.

The specific details and methods are discussed in detail.

The entire investment and financing meeting was held until five o'clock, and then, at the invitation of Lin Xiaoguang, all parties happily accepted the invitation from the press conference.

At 6 o'clock, the pre-a round, a round of financing and WeChat crowdfunding press conference officially began.

At the venue, major news platforms, Sina, Tencent, Nandu, Pengpai, and even Jiangcheng official media were all present. The entire venue was filled with reporters.

The rostrum, company image spokesperson, media manager Qiao Ziran, spoke on behalf of WeChat.

First, she stared at the people in the audience, confident and proud, and smiled reservedly, saying: "As of now, the number of registered users of WeChat has reached 25 million."

The audience caused a sensation. The public beta started at 10 a.m. on Wednesday. It has only been 56 hours now, with 25 million registered users. This speed is so terrifying. If this continues, in just 10 days, the registered users will exceed 100 million.

Many people look at the reporters of Tencent News.

If WeChat Company did not lie, then Weixin would have encountered the most powerful challenger ever.

Tencent News reporter was a little confused: "What?"

After Qiao Ziran announced the news, a reporter immediately raised his hand to ask a question. She clicked a few people and answered the questions one by one before continuing to announce the second news.

"Just just now, we reached a consensus with Idj Capital and Peak Fund on a round of financing. Given the impressive data on the product launch, the valuation of WeChat Network for this financing is US$1.8 billion and US$90 million. The final shareholding ratio is..."

After the announcement, it caused another shock to the whole market, with a $1.8 billion USD, which can be said to be just one step away from the unicorn.

The last unicorn saying was just a joke. Now it can be said to be a quasi-unicorn, full of real gold. After all, it has passed the recognition of professional investment banks.

With a financing of 90 million US dollars, that is, 6.3 billion rmb, and the angel round raised 70 million rmb, WeChat burned 25 million registered users. Now it has 9 times the cash last time. If Weixin does not check and balance, it can easily spend 1 billion users this time.

The B round of financing is estimated to become the second largest giant in the social field after Weixin.

Weixin really encountered a great enemy in his life.

A reporter was sharp-eyed and found that Lin Xiaoguang's personal holdings decreased from 72.85% to 68.2% now, but his net worth increased from 1.0199 billion rmb to 8.5932 billion, an increase of more than eight times.

Moreover, if you have better mathematics, you can tell at a glance that the numbers are wrong. You immediately asked: "Ms. Qiao Ziran, Mr. Lin Xiaoguang, the founder of your company, did you cash out this time?"

"Yes, there is." Qiao Ziran did not hide it: "Selling 1.23% of the shares and obtaining corresponding more than 150 million rmb."

The following caused a sensation.

"The founder also needs to improve his life. Please don't need to interpret too much, the next one!"

After answering several questions in succession, Qiao Ziran announced the third news: "WeXun Crowdfunding Entrepreneurship Fund, as of 3 pm, raised 16.96 million rmb in the first phase. At the end of this period of crowdfunding, the company established WeXun Venture Capital Fund with the first phase of crowdfunding, with a valuation of US$600 million, and invested exclusively in the pre-a round, accounting for 0.4% of the shares."

"After round A, 0.4% of WeBank Venture Capital's equity was diluted to 0.02%, sold to UBS Venture Capital Idj Capital, and received a corresponding 50.9 million rmb. This money will be returned to crowdfunding participants next working day."

Swish!

Many reporters on the scene stood up directly, what? There is also such an operation. WeChat took the initiative to make concessions. In just a few days, it made three times the profit. It’s so quicker to make money than grab money.

Qiao Ziran's reaction from the 50th stage continued: "At the same time, the WeXun crowdfunding startup fund will start the second phase of crowdfunding."

The three major news of the press conference were announced to end. She stood on the stage and answered the reporter's questions. At about the same time, Lin Xiaoguang came on stage, and then he brought Graf from Idj Capital, Victor from Tsuen Fund, Zhuang Xuan, the option pool representative, as well as WeChat crowdfunding entrepreneurial representative, Lu Renjia, a native of Jiangcheng, to come on stage, sign and take photos, and take photos.

Han Xia rejected the opportunity to make her public appearance on the grounds that she did not want to become famous.

Without her, it doesn’t matter. Too few people made their investment and financing statements in turn, first Graff.

"For investors, investing in a mature giant company will bring limited profits and doubling them is even more impossible. Compared with investment giants, I prefer startups. They are younger, and youth means infinite possibilities. I invested $1 million in the seed round to hold 5% of the shares. I believe that one day, even after many dilutions, it will bring me tens of thousands of times the rate of return."

Damn, the reporters in the audience were shocked.

A 5% equity, a return rate of tens of thousands of times, is calculated based on seven rounds of financing, and is diluted seven times, and each diluted 5% per dilution, the 5% equity will be diluted to about 3.5%, and a return of tens of thousands of times means that this part of the equity is worth at least US$10 billion, which means that Graff means that the market value of WeChat will reach US$300 billion.

I lay in a big trough.

Subconsciously, they felt a little incredible, but then they thought that once WeXun had 1 billion registered users and 300 billion market value, it would not be a matter of minutes.

After Graf's speech, Victor came on stage, smiled heartily, and then said: "Tingfeng Fund and I are both optimistic about Mr. Lin Xiaoguang. He is a noble person, a selfless person, and a person who is free from positive interests. I believe that only such people can bring about success in WeChat."
Chapter completed!