Chapter 42 Allies

044, Allies

Tang Wen knew that Xiao Wang and Qin Feng had come to him. His efforts would definitely attract some people's attention. As for why Tang Wen dared to offer 500 million US dollars for two companies that were not online?

Haha, I didn't ask you to invest in me. Tang Wen was thinking that he would slowly throw out the bait, so it would be better to drag it out directly.

Want to participate? Sure, how to choose is your own business. And Xiao Wang is obviously the representative of the group of investors in the Beijing circle this time, and Qin Feng is from Shanghai. As for the people in Guangjun who can't come to the table, Tang Wen is too lazy to meet them.

Tang Wen saw through it but didn't say it. At present, Didi Takeout has rapidly won most of the national market with Tang Wen's 400 million funds. It is not far from the definition of 70% and 30%.

What needs to be done now is that before other capitals have reacted, Tang Wen's minimum requirement is to continue to spend money to strive to win 70% of the national market this month.

As for the thousand-group war on Earth in the future? Haha, the market has been taken over, so it’s meaningless to spend more money. Besides, the backbones of Kusou Waimai and Ele.me’s operation and strategy formulation have been almost poached by me.

I have money and people here, what can others use to compete with me. As for the intervention of capital? Tang Wen doesn’t care about it. He set up his own company just to have a cover when withdrawing cash in the future.

Three days after returning to Shanghai, Zhu Hui secretly ran away from home.

When Tang Wen received Zhu Hui’s call, he was quite troubled.

“Is this the legendary thousand-mile delivery?” Tang Wen lay in the Hilton presidential suite and looked at Zhu Hui who was still sleeping on the bed and muttered to himself with a smile.

“Husband, sleep for a while.” Zhu Hui hugged Tang Wen and yawned lazily.

“Baby, you sleep for a while. I’m going out to discuss business.” Tang Wen kissed Zhu Hui’s pretty face.

“Yeah, bye, husband.” Zhu Hui was tired of it.

After going out, Tang Wen came to the hotel conference room where Xiao Wang and Qin Feng were already waiting there.

"Oh, Old Tang, you are really so fancy." Xiao Wang, a fellow student, said with a smile.

"It's just so-so." Tang Wen squinted his eyes and sat down on the sofa.

After the three of them chatted for a while, Qin Feng and Xiao Wang put forward their own conditions.

"Currently, CITIC, Goldman Sachs, and Sequoia are all very interested in your Didi Waimai. I wonder how much shares you plan to take out for financing this time." Xiao Wang was not interested in the negotiation, so this task was given to Qin Feng to speak.

"I still mean that, 40% of the shares for 400 million US dollars, anyone is welcome. For the three major companies, only MQ and Catfish are considered at present." Tang Wen said directly.

"Tsk tsk, Old Tang, you took out 40% of the shares for the first financing. Isn't this a bit too exaggerated? This is not conducive to your control of the company in the future." Xiao Wang asked with a frown.

"Well, Xiao Wang is right. What I mean is that you should take out about 20% this time and raise 200 million US dollars so that the venture capital can rest assured." Qin Feng said after thinking for a moment.

After listening to the two, Tang Wen felt that he was a bit abrupt. Before, he had only considered how to quickly establish a large unicorn company so that he could withdraw cash properly, but he had not thought about the concerns of venture capitalists.

"It is said that Kuso and Eleme have already started looking for venture capitalists. Old Tang, you'd better hurry up." Qin Feng reminded.

"It's okay, they are not a big deal." Tang Wen said proudly.

You should know that Tang Wen now has the confidence to say such things. In terms of market value, Kuso Waimai and Eleme do not have as much money as Tang Wen is burning now. In Tang Wen's eyes, they are already the third in the definition of 7:3.

"Okay, then, help me make an appointment with interested venture capitalists in the afternoon. Didi Waimai's 20% stake raised 200 million US dollars. I am very welcome to interested venture capitalists." Tang Wen said to Qin Feng.

"Well, I'll notify them for you." Qin Feng and Xiao Wang nodded.

After sending the two away, Tang Wen sighed, "Alas, I am still too narrow-minded." Tang Wen, who was a loser in his previous life, would never consider so much. After the two people's advice, he realized that if he wanted to create a unicorn, he still needed the help of capital.

Although he had a mysterious money-swiping APP, he had never considered the feelings of venture capitalists. After all, people invest in you because they are optimistic about your development potential. If you cash out so much for the first time, it will make others think that you are here to fool investors.

In the afternoon, Tang Wen called the four people of Konka over and gave each of them 2% of the shares. Under the contract formulated by Zhou Xu, they can cash out part of it during the second round of investment.

But the four people are not stupid. Now Didi is burning so much money that it has attracted the attention of so many capitals. Who would be stupid enough to cash out before going public?

After signing the contract, the four people became more confident. Ye Jie and Jiang Tao knew that Konka and others had signed a share agreement, and the two began to work harder and harder. If you want to be rich, you have to work hard.

In the afternoon, a large group of venture capitalists came to the meeting room of Hilton. At Zhou Xu's suggestion, Tang Wen accepted the first venture capital of 50 million US dollars for 5% of Sequoia's shares, 30 million US dollars for 3% of MQ's shares, 50 million US dollars for 5% of Goldman Sachs' shares, and the remaining 8% was taken by Shenlong Bank with 6%, Qin Feng and Xiao Wang took 0.5% respectively.

As for why he chose MQ instead of Maoyu, Tang Wen was attracted by the popular mobile MQ client. Using this to open a breakthrough is much better than Ali's traffic entrance.

And the MQ in this world is similar to WeChat in Tang Wen's world.

As for Shenlong Bank, it was their electronic payment license. Tang Wen had never considered this before, but under Zhou Xu's suggestion, Tang Wen still chose Shenlong Bank.

The next day, the news that Didi Waimai raised 200 million US dollars went viral on the Internet. Konka took the opportunity to launch the webmaster service, allowing the webmasters of each region to manage the areas under their jurisdiction, and the headquarters would send supervisors to inspect from time to time.

The establishment of supervisors can not only deter webmasters in various regions, but also make the headquarters a lot easier.

Wang Xing of Kusou Waimai completely gave up resistance and chose to give up the food delivery market and turn to study the group purchase of the future. Eleme accepted the angel investment of Maoyu and obtained an investment of 5 million US dollars.

Konka, who is now in charge of Didi Waimai, was dismissive of this. 5 million is not even a fraction of Didi's financing this time. With the help of financing, Didi has completely occupied the first-tier and second-tier cities in China, and is currently developing third-tier and fourth-tier cities.

Zhang Xu of Ele.me also began to expand after receiving support from Maoyu. Born in Shanghai, he moved his headquarters directly to Hangzhou County, after all, that was Maoyu's territory.

Tang Wen was also very happy when he heard the news. Maoyu Ma Xin is very ambitious at present. However, his shortcomings are also obvious. Social networking has always been Maoyu's shortcoming.

So Tang Wen chose MQ for this round of financing. As for the follow-up? Let alone, this market will always belong to capital. Tang Wen just hopes that Maoyu will not fall too early, otherwise Liu will be too boring.