After listening to Huang Zheng's words, Lu Fan directly asked the key question.
At this time, Pinduoduo was just starting out and had not yet received angel investment.
Huang Zheng's purpose in attending the charity gala at the Xinkai Hotel was to find investors to provide angel investment for his company.
He believed that with a substantial angel investment, he could develop Pinduoduo.
At that time, Series A, Series B, and Series C funding will follow one after another.
"Chairman Lu, the investment I need is 10 million."
"As for the shares, I can give you 25 percent of the shares."
Huang Zheng told Lu Fan his prepared reply.
This is the data he arrived at after careful calculation.
In other words, in Huang Zheng's mind, Pinduoduo is now worth about 40 million yuan.
This is the valuation he received from a professional appraiser!
"Too low!"
Upon hearing that he would only receive 25% of the shares, Lu Fan immediately frowned.
Twenty-five percent of the shares, even though it already accounts for a quarter of the company's shares.
However, this is only the beginning.
If Pinduoduo develops well, it will eventually start raising funds through ABCD, or even EF theories.
Once Pinduoduo raises funds, his shares will inevitably be diluted.
After five or six rounds of financing, he'd be lucky to have two or three percent of his 25% stake left.
Lu Fan was definitely not satisfied with this shareholding ratio.
Because if Pinduoduo's market value can reach 100 billion US dollars by then.
Even a two or three percent stake can be worth two or three billion US dollars.
Two or three billion US dollars might be an astronomical sum for others.
After all, an investment of 10 million Daxia coins can be exchanged for two to three billion US dollars a few years later, which is more than 10 billion Daxia coins.
This is already a profit of nearly 1000 times.
Anyone would be very happy.
But for Lu Fan, two or three billion US dollars was just a small matter.
He doesn't even look at it!
He wouldn't even bother with profits that don't start at 10 billion US dollars.
Continue read on readnovelmtl.com
