svetikya Chapter 768
Chapter 768
After a quick wash in the bathroom, he returned to the bedroom, thinking of calling Ms. Wang.
After all, the two of them would return to Hangzhou the day after tomorrow, and by then Tang Shiyi's grandmother and her family would be there, so they naturally couldn't let her down, so they asked for safety reasons.
The phone rang for a while, but no one answered.
Qin Mo was a little surprised, and just when he was about to hang up, Ms. Wang finally answered.
"What's the matter?" Wang Xia's voice sounded a little tired, but she still asked with a smile.
Qin Mo was stunned and asked, "Mom, is Comrade Qin very busy at work recently?"
Wang Xia smiled and replied, "Yes, there is indeed a lot of work recently. Your father hasn't been home for two days."
Qin Mo was surprised, "So busy?"
Wang Xia explained, "Last time, the company negotiated another cooperation. The domestic and overseas markets are also expanding. Recently, your father and I have been busy with this matter. The company has been working non-stop for a month."
Qin Mo was surprised, "Even if this is the case, there is no need to rush the progress so fast, right?"
Wang Xia said unhappily, "Do you think we can decide this matter? The other company is also speeding up the progress of cooperation and has already divided most of the overseas market share. For your father's company, if this cooperation goes smoothly, it will be a step to heaven for the company. How can you let go of the meat that is delivered to your mouth? "
Qin Mo touched his nose and smiled awkwardly: "It seems to make sense."
Wang Xia then smiled and said: "And it's not just this matter. Recently, the company is busy speeding up the completion of financing. This time, the partner is not only Party A but also the investor of our company. The other party of the A round of financing promised to invest at least 50 million US dollars, and recently there are many venture capital and private equity that they know are also actively negotiating with your father about investment. It is estimated that the A round of financing can get at least 70 million US dollars. "
Financing is divided into angel rounds, A, B, C, and D rounds. The angel round is when the project has only one idea and someone takes a fancy to you and invests in you, because the angel round is the initial stage of the entire project, and the funds that can be raised are only in the range of one million to ten million Chinese yuan.
Angel rounds, A, B, C, and D rounds correspond to different periods of the company, the angel round and A round start-up period, B and C rounds growth period, and after D round is the maturity and expansion period.
Basically, if a company can reach the D round, it has completed all the financing processes and just needs to wait for the IPO.
However, if the company allows, there may be E and F rounds until the company's IPO is successfully listed.
Comrade Lao Qin's company is small in scale, and it is obviously impossible to raise funds according to the angel round, but it can only reach the standard of A round financing. After all, the company's market share is there, and compared with those large foreign trade groups in China, it can only be regarded as a small fish and shrimp.
"With this money, the company's subsequent development will get a qualitative leap. As long as your father's company can take up the overseas market share given by the other party and transform it into a mature business model after running out of scale, we can get more investment in the B round of financing. In addition, the other party's company and our company have a deep cooperation, which is equivalent to being tied to the same boat with our company. It is a situation of prosperity together. There is no problem of cutting leeks and running away after listing." Wang Xia continued.
Even Wang Xia found this incredible. You know, it was only the first time they cooperated with the other party, but the other party actually gave them such a big piece of cake for free, and was willing to act as an investor in the A round, which was almost crazy. Those who didn't know would think that their company was the other party's subsidiary!
There are not many companies in China that can get 50 million US dollars in the A round. For example, Xiaomi, the company of Wang Lei, who made the business joke "Friends are idiots", only raised 41 million US dollars in the A round of financing, and Didi, the leading online car-hailing company in China, was even worse in the A round, with only 3 million US dollars.
By comparing them, you can see how exaggerated the funds given by the other party are, and the other party is not a VC institution (professional venture capital institution). Normally, the funds for the A round of financing range from 10 million to 100 million yuan, which refers to the Chinese currency. This fund will fluctuate according to the company's project type.
If a normal VC were to evaluate and invest in Lao Qin Company, it would be good to get a small target price in the A round, and this is just a pure investment, but there is no such thing as giving away overseas market share.
Wang Xia felt that the other party's unscrupulous behavior of feeding her was like a pie in the sky, which was a bit unreal.
But the situation actually happened, which was outrageous!
If Qin Jianming was not much older than the other party, she would even suspect that Qin Jianming was the other party's illegitimate son who was living outside..
Qin Mo was a little uneasy after hearing this. The system reward this time was too awesome. How could this be a business noble? Surely they didn't send a real father?
It was so considerate!
But he soon complained in his heart, why was this damn system not so generous to him?
If he was given an investment of 50 million US dollars, wouldn't it take off on the spot?
"So, with this speed of progress, Comrade Lao Qin's company is expected to go public within five years?" Qin Mo thought for a while, then asked.
"If the progress is fast, there will be no problem in going public in five years." Wang Xia responded affirmatively.
"Dreamlike, now I really become a rich boy in Hangzhou?" Qin Mo joked to himself.
Wang Xia smiled and said, "Almost."
Qin Mo looked forward to it: "Tsk, so I can make a wish to Comrade Lao Qin again?"
"Go ask your dad yourself." Wang Xia replied with a smile.
"Hehe, he can't escape." Qin Mo laughed.
"By the way, what did you call this time?" Wang Xia asked.
Qin Mo explained with a smile, "Didn't I say that I would go back to Hangzhou with Shiyi this weekend? This time, Shiyi's grandmother and her family are here. I thought about asking about my grandmother and her family's situation, so as not to let them down."
"You are thoughtful, don't worry, not only your grandmother, but also your grandmother's family will be in Hangzhou tomorrow. They are very concerned about the marriage of your eldest grandson." Wang Xia joked.
Qin Mo was surprised, "Grandma and her family are here too?"
Wang Xia smiled and replied, "Well, your father notified them. Shiyi's family values us, and our family certainly can't look down on them."
"That's good, I thought Comrade Lao Qin didn't notify them." Qin Mo smiled.
"You let them down, but your father won't!" Wang Xia said unhappily, "Don't worry."
"If you have nothing to do on Friday, bring Shiyi back. Your grandmother and grandmother are thinking about this granddaughter-in-law." Wang Xia added.
"No problem, I'll go back on Friday night." Qin Mo responded with a smile,
"Well, if there's nothing else, I'll hang up. I'm not done with the company yet." Wang Xia said.
Qin Mo responded and hung up the phone on his own initiative. He smiled and was about to go out to share the news with Tang Shiyi who was reviewing in the living room. When he looked up, he saw a little head eavesdropping behind the door.
Qin Mo couldn't help but joked: "Xiao Tang, eavesdropping is not a good habit."
Seeing that she was discovered, Tang Shiyi pushed the door in, blushing and whispering: "You were too loud just now, I was curious..."