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墨書 Inktalez
Ding Sanshi extended a finger and cautiously said, "One million? Ten to fifteen percent?"
Wangyi was something he had put together with fifty thousand RMB from himself and a few friends, and he held the majority of the shares, occupying more than half.
If he could exchange ten to fifteen percent of the shares for one million RMB in financing, that would already be quite good. The current Internet practitioners in China were far less confident than later entrepreneurs who casually talked about tens of millions in Dollar financing and unicorn valuations. If someone boasted like that now, very few investors would be willing to continue the conversation.
There were fewer than five hundred thousand registered computers in the country, and the number of internet users might be slightly higher. Even if they started an Internet service, how many users could they attract? Entrepreneurs who bragged would find themselves kicked out by investors. Only the United States had a sufficiently large market to support such valuations.
Of course, Instant Messaging was an exception because of random number registrations and various large accounts; it was normal for the registration numbers to exceed the number of internet users. Instant Messaging focused on active user metrics, such as monthly and daily active users.
Xu Xin frowned. Offering fifteen percent equity for early financing seemed reasonable. As domestic Internet was influenced by the wealth myths of Zhengyi Technology and Jiang Yizhou, various Internet startups emerged, and entrepreneurs began to understand venture capital better. Domestic venture capital also gradually borrowed from Silicon Valley's mature experiences.
At least operations like offering forty percent equity in the first round of financing out of necessity would no longer occur.
With more choices available, there was no need to hang on to one company. News had reported on Jiang Yizhou's early financing where he gave away too much equity, and this time he became a lesson learned.
However, if given another opportunity, Jiang Yizhou would still accept it because there were no other venture capitalists interested in investing in the short term.
But one million? If it were in Dollars, that would be outrageous; it only showed his appetite was too big. Xu Xin tried to ask, "Renminbi?"
"Yes! One million Renminbi for fifteen percent equity!" At this moment, Ding Sanshi did not sense the deeper implications and directly confirmed the unit; in his view, it was already quite a high demand.
"I'll give you 800 thousand, but I want 20% equity. If you agree, we can sign the agreement right away!" Although Xu Xin was cautious, encountering Ding Sanshi—who had not yet been influenced by wealth myths—made her feel that 800 thousand Renminbi was already quite conservative given her position with fifty million Dollars having nowhere to invest.
Ding Sanshi hesitated slightly but quickly let go of his concerns; what was there to struggle over when the company's value had multiplied twenty times? "Okay, I agree!"
Unlike history as it originally unfolded, this time Ding Sanshi established Wangyi ahead of time and secured financing before selling 16 Mailbox.
As for voting rights and other advanced operations like dual-class shares, Ding Sanshi didn't even mention them. The programmers starting businesses domestically hadn't seen much of the world yet; perhaps returnees like Zhang Chaoyang knew about such matters, but under the currently unfriendly environment for entrepreneurs, he didn't have the qualifications to make such demands.
Stepping out of what had just been renamed Panda Venture Capital, Ding Sanshi felt a sense of relief—not due to a lack of confidence but because he originally had no leverage and was in a weak position.
Ding Sanshi found a public phone booth by the roadside, inserted his card, and called Ma Huateng.
"Ma Huateng, it's me!" After being connected through the front desk, Ding Sanshi heard Ma Huateng's voice and couldn't wait to speak, "Let's talk! I'm feeling a bit excited right now!"
Ma Huateng was friendly and had a good relationship with Ding Sanshi. Seeing that he didn't have much work on hand, he agreed to meet.
When they arrived at the café downstairs of Zhengyi Technology, Ding Sanshi immediately pulled Ma Ge into a lively conversation, "I didn't expect you to reach this position; it's so enviable!"
His face was full of joy, not so much out of envy but rather waiting for Ma Ge to ask him about it.
"Just luck. Did you succeed in your funding?" Ma Huateng knew he had come to the capital to discuss financing matters. The internal discussions about establishing an investment and acquisition department at Zhengyi Technology had stirred people's ambitions, and many were considering starting their own businesses.
With the threshold set at needing to work at Zheng Yi for three years, having an approved business plan, and being more suitable for entrepreneurship rather than internal project initiation, they finally managed to calm most of the staff down. Most of them had only been in the company for a few months, with the longest being just over a year.
This also informed him about Xu Xin's intention to invest in friends.
"Of course, 1 million Renminbi for 10% equity. I'm going back this time to make a big move; you better be careful. It would be interesting if I knocked you off your pedestal!"
Ma Huateng felt somewhat speechless; he had called him out just to hear this. "Yeah, got it!"
Seeing that he couldn't pique Ma Ge's interest further, Ding Sanshi got straight to the point. "I don't know anyone in the capital; do you know any lawyers who can help me review the agreement?"
"Aren't you worried that the person I find might scam you? That would also be a company owned by our boss!"
Ding Sanshi waved his hand dismissively. "Are you that kind of person? If so, just pretend I didn't say anything!"
"Alright! I'll help you get in touch!" Ma Huateng had no choice but to agree.
...
Returning to start a business was used as an excuse by Song Rushi and others, serving as a goal for realizing personal value. However, upon landing back in the capital, he found it wasn't as simple as he thought.
After several discussions with Lu Feiyan about entrepreneurial directions, nothing came of it. The reason seems to be that she wants to break free from Jiang Yizhou's influence, so she is unwilling to borrow from the ideas that Jiang Yizhou has already realized, nor is she willing to seek help in an extravagant manner.
"As such, I signed you up for a matchmaking event this afternoon. Do you want to go?" Mother Song knocked on her daughter's door and called out to Song Rushi, who was in her room pondering good ideas.
Since Song Rushi had truly resigned and was staying at home without a job this time, she hadn't shared her romantic life with her parents. Such matters were hard to express; her parents had traditional views and would not accept it.
If she had refused the first time, it would have been fine, but now she was getting deeper into it and was no longer just a reluctant victim.
For these two reasons, her mother kept signing her up for matchmaking events with comments like, "You're just sitting around anyway, and you're not getting any younger; it's time to find someone to marry," while intentionally or unintentionally introducing potential partners.
This time, Mother Song was less concerned about age; as long as the age difference was no more than five years, it was within the acceptable range.
"Mom~ I can't. I don't have time to participate; I have a date with someone else this afternoon," Song Rushi said helplessly as she opened the door and saw her mother's determined expression, pleading for mercy.
Her temperament was quite gentle, and she had generally complied with her mother's actions a few times. However, feeling her mother's determination later made her resolutely refuse.
"Who is it? Where do they live? How old are they? What's their height?" Mother Song instinctively began to ask.
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