"Okay, okay, please, I'm right here at the front desk."

After a while, Li Zhibin went downstairs to pick up Chen Wei and went upstairs to the door of the luxury suite. Xu Xing finally saw the man who was the helmsman of Didi in his previous life.

…

In Xu Xing's impression, Chen Wei, an internet tycoon in his previous life, could only look at photos online to see what they looked like.

Now that the perspective has changed, seeing the respectful look of the elder in his previous life after entering the door really makes Xu Xing feel a little refreshed.

However, Xu Xing quickly adjusted. After Li Zhibin introduced each other, he briefly shook hands with Chen Wei, and they sat down at the desk.

Chen Wei took out his laptop and started introducing his entrepreneurial project through PPT.

Li Zhibin listened very seriously, while Xu Xing nodded occasionally, but his thoughts drifted to various consultations in his previous life.

Didi Taxi, the ultimate winner in the taxi-hailing field in its previous life, was supposed to make great progress and become a national-level taxi-hailing software in the following ten years.

However, due to the various tricks of its listing in the United States, Didi, a behemoth, was completely brought to the ground.

But at this time, Chen Wei probably hasn't thought about so many far-off things, and the eldest lady of the Liu family has not yet joined in.

Xu Xing listened to Chen Wei's hard work introducing the project, thinking about these things in his mind. After Chen Wei finished speaking, he just asked: "So you haven't made the finished product yet, right?"

"Uh..." When he mentioned this, Chen Wei felt very embarrassed and said helplessly, "I am not a technical person. I wasted a lot of time because I misbelieved in online outsourcing, but I promise to find a technology that I can cooperate with as soon as possible.

The team is just short of funds now."

"Then what advantage do you have here? You are not the only one making taxi-hailing software on the market." Xu Xing leaned back in his chair and said slowly, "If the taxi-hailing software hasn't been finished yet, then I will make it myself.

Isn’t one better than investing in you?”

"Mr. Xu's words are biased." Chen Wei shook his head and was very clear about his own advantages. "In fact, taxi-hailing software are all similar in function. The real difficulty lies in its promotion."

"I come from a sales background. I have been a regional manager and deputy general manager of the payment division in Alibaba. I have sufficient experience in this area."

"Internet software looks very high-tech, but in my opinion, initial development and growth essentially relies on local promotion teams and crowd tactics to expand and occupy the market."

“In this regard, I dare say that among the taxi-hailing software teams on the market, no one knows promotion and marketing better than me.”

Chen Wei was right in saying this.

He was born in a rural area. After graduating from college, he worked in circles and entered Alibaba's sales department. The fact that he could work step by step and reach the position of regional manager in his thirties is enough to illustrate his ability.

So Xu Xing said: "15% of the shares, 5 million. If the follow-up products can occupy a certain market share, I can also follow up on the A round."

Chen Wei was overjoyed when he heard the conditions given by Xu Xing, because this was the best condition he had received so far.

Although other investment companies are also willing to invest, and only need about 10% of the shares, they are only willing to give an angel round investment of about 2 million at most.

In comparison, although Xu Xing's request for 15% of the shares was a bit high, the angel investment of 5 million was enough for Chen Wei to capture a large market near Kyoto in the early stage.

However, just when Chen Wei was still hesitating whether to be more reserved and see if he could get more funds, Xu Xing added with a smile: "In addition, I can also help you make a taxi-hailing software. Follow-up

We can also provide you with technical support, you only need to be responsible for product promotion."

"Really?" When Chen Wei heard this condition, he was immediately excited.

…

Eleven o'clock in the morning.

In the restaurant on the second floor of Kaiyue Hotel, Xu Xing, Yan Chiju, and Li Zhibin had lunch here.

After signing a financing letter of intent with Chen Wei in the morning, Li Zhibin was chewing his food and asked a little puzzled: "Brother Xu, you also said that we can build a taxi-hailing software ourselves, so why invest in others?

"

"No matter how strong the promotion and marketing ability of Chen Wei is, can't we find someone who knows promotion better than him?"

"This is not the high-tech companies signed yesterday, or the kind of teams that have already made products and accumulated users. I feel that 5 million is not worth it."

Xu Xing glanced at Li Zhibin and just smiled: "Who said I won't do it myself? Don't put all your eggs in one basket."

In the next two or three years, the money-burning competition in various fields will become extremely fierce. If you look closely, you will find that behind the scenes are basically Tencent and Alibaba, with some degree joining a group or something.

Then I basically never won once.

These giants in the industry rarely invest in angel round projects, and they will only look for relatively mature products in the A round. Otherwise, they usually wait for the B round of financing before entering the market to clean up the battlefield.

Most non-Tengxin and Alibaba players will basically have their market share squeezed at this stage. The smaller ones will disappear immediately, while the more powerful ones will barely survive, eat scraps, or face the risk of being acquired.

destiny.

Xu Xing has no plans to compete head-on with Tencent Alibaba in areas such as taxi-hailing during this period.

Now, relying on the advantage of foresight to obtain the angel rounds and A rounds of these past unicorn companies, it can be regarded as a first seat.

Even if you can't follow up later, you can still make a lot of money by selling the shares.

Today’s angel round investment of 5 million accounts for 15% of the shares. Even if there is no subsequent follow-up financing, the ratio can still be maintained at about 10% by the time of Series B, or slightly lower.

At that time, Didi Taxi's valuation was probably worth hundreds of millions of dollars.

By then, there will definitely be many investment institutions willing to take over the business, and Xu Xing is not worried about losing money at all.

The only thing we should worry about is whether after Xu Xing enters the game, his joining will cause a butterfly effect that changes the subsequent situation, causing Didi Taxi to be aborted and unable to compete with other taxi software in the early stage.

Otherwise, Xu Xing will not lose money no matter what.

What's more, he has other plans in this regard.

…

In the afternoon, Xu Xing and Li Zhibin met with the founders of entrepreneurial projects including Kushou, Zhihu, Honey Baby, Lvjia.com, and Future Life, and gained a lot.

This big move by Qunxing Investment Management Company has also triggered a huge amount of discussion in the investment circle.

You know, even though these companies could reach valuations of over one billion in previous lives, in the current period, investment institutions do not have Xu Xing's foresight advantage.

There are so many similar entrepreneurial projects on the market. It is actually very unsafe to decide on the target in the angel round.

Therefore, most professional investment institutions will basically only start investing in the A round. At least they must see specific product effects and market share before they start betting.

For example, Qunxing Investment Management Company threw out tens of millions in just two days. As a result, more than 80% of the projects were angel investment, which is really rare in the industry.

As a result, many people in the circle sneered at this operation.

Especially when I found out that behind Qunxing Investment was a new game company that had just emerged in the Shanghai stock market in recent months, I looked down upon Qunxing Investment's operation even more.

I just feel that Qunxing Investment has the mentality of a nouveau riche. They have money but no place to spend it. They were deceived by a few founding teams and spent their money.

It would be okay if the financing intention was torn up later. If the teams that had been negotiated in the past two days all signed the financing agreement, then it can only be said that Qunxing Investment was really taken advantage of.

However, these rumors have nothing to do with Xu Xing.

…

By the morning of October 3, Xu Xing had already put on casual clothes.

Yan Chijuan walked out of the bedroom. She had already put on a light green floral skirt. Her pink lotus-white arms and round shoulders were exposed. Her chest held up the graceful arc of the skirt, and the skirt was just right.

Beyond the knees, a section of snow-white slender calves was exposed.

Xu Xing sat on the sofa, admiring Yan Chijuan's simple outfit. He immediately stood up, looked at the time and said, "Yao Yuanyuan won't be able to fly to Kyoto until evening. Let's go out and have some fun today."

"Well." Yan Chijuan held a sunhat in his hand, put it on his head with both hands, lowered the brim of the hat in front, barely covering his overly happy and excited expression, and walked obediently to Xu Xing, "

Boss, where are we going to play?"

"Abin recommended a few places to me, why don't you go check them out?"

"Li Zhibin, do you want to go together?"

"Why is he going there? I have been in Kyoto for more than a month and I am probably tired of playing in these places." Xu Xing grabbed Yan Chijuan's wrist and walked out of the room, "We can go alone."

"Oh." Yan Chijiu responded in a low voice, trying not to appear too complacent, and kept up with Xu Xing's pace with brisk steps, "Then I want to go to Tiananmen to have a look, boss, is that okay?"
Chapter completed!