Rebirth 1990: I have three golden fingers

Chapter 258 Series B financing, post-money valuation of 4.8 billion yuan

At the beginning of September, the residual heat of summer has not completely subsided, but the footsteps of autumn have quietly arrived.

Just in time for the freshman semester, the Jiaotong University campus is already bustling with excitement. Groups of freshmen dragging their luggage with excitement on their faces walked into the school gate full of longing, with expectations for the future shining in their eyes.

Hualian Supermarket in Ximen is the busiest time during the school season.

In front of the supermarket, a stall has been set up to sell packages of daily necessities for freshmen, such as three-piece toiletry sets, five-piece sets, ten-piece sets, etc., which are slightly cheaper than purchasing individual items and are very popular among students.

The freshmen were very curious about this student supermarket. They were shocked when they heard from their seniors that it was a startup supermarket for students from the third class of mechanical engineering in their senior year. It had successfully raised funds and everyone became a multi-millionaire.

It’s tens of millions of dollars, and it’s very difficult for most students’ families to come up with a few hundred dollars.

Not far away, there were several middle-aged people observing the flow of people and sales in the supermarket. They were investors from Huifeng Bank.

"The supermarket is not big, but it has no competitors. It has also signed an agreement to compete exclusively. As long as the number of stores increases, the profits will be very good, and it is suitable for advertising. Each university faces nearly 10,000 students. After graduation, they are the ones with the most potential. consumers,” one analyst told a colleague.

A colleague was slightly worried: "Students have limited spending power and the number of colleges and universities is limited. The development potential of supermarkets is very limited unless new profit-making projects are found."

"At least it is currently developing rapidly and is profitable. Don't underestimate Fang Bai. Maybe others will come up with new projects in time. Our investment projects are based on people."

After these people inspected Jiaotong University's supermarket, they went to other universities to inspect Hualian Supermarket. They were all so popular.

A few days later,

Fang Bai formally negotiated with the institution for the B-round financing of Hualian Supermarket Company.

After the A-round financing, the post-investment valuation was 2.5 billion yuan. At that time, there were about 100 stores, and now there are about 180.

Of course, valuation is not simply measured by the number of stores.

For this round of financing, Anthony Santos, director of Citigroup's capital management department, did not come to Huaguo again. He communicated directly with Fang Bai on the phone, and then sent someone to Huaguo to sign a financing agreement with Fang Bai.

In addition to Citigroup, Huifeng Bank also participated in the financing.

Huifeng Bank was invited by Fang Bai in the name of Xinghai Investment Company. Xinghai Investment Company is already well-known among international financial investment institutions. Huifeng Bank also has the idea of ​​investing in Hualian Supermarket Company and also wants to underwrite the listing road show.

The two parties hit it off immediately, and Huifeng Bank sent a team to Shanghai to inspect the company. After the inspection, they negotiated with Fang Bai.

The two institutions raised US$28 million each and each obtained 5% of the shares of Hualian Supermarket Company. The post-investment valuation of Hualian Supermarket Company was 4.8 billion yuan.

Hualian Supermarket Company received US$5,600 in financing, equivalent to 480 million yuan, and suddenly became rich.

It will take a certain amount of time to digest this huge amount of financing, so the company's listing time may be postponed to next year. The specific timetable needs to be determined based on the market situation.

After the financing was successful, Fang Bai told the news to his classmates.

The students in Mechanical Class 3 were extremely excited when they heard the news, and their values ​​​​increased again.

Even if the shares are diluted to 0.54%, each person is worth more than 25 million yuan.

In just a few months, his net worth has risen a lot, and his hard work over the past few months has paid off.

Next, they will continue to work hard to increase the valuation before going public. If the listing is successful, they will become real multi-millionaires with tens of millions of yuan.

On September 10, Hualian Supermarket Company held a grand media conference at the local Jiaotong University Auditorium in Shanghai to announce the success of Series B financing.

Media reporters were slightly surprised that the valuation of Hualian Supermarket was worth several billion yuan.

The next day, well-known print media such as Shanghai Financial News, Shanghai Daily, and Shanghai Evening News reported on Hualian Supermarket Company’s Series B financing.

At the same time, the local media in Hong Kong City also reported extensively.

These are all things Hualian Supermarket Company spends on publicity to prepare for its listing.

In Hong Kong City, some citizens began to pay attention to Hualian Supermarket Company. They were very curious as to why Huifeng Bank and Citigroup were willing to spend large sums of money to finance this little-known company, and even gave it a valuation of several billion yuan!

After Li Jiacheng, a wealthy man in Hong Kong, saw the report, he sighed: "This young man has so many connections. He was able to get financing from Huifeng Bank. No wonder he looks down on his own investment."

If the subscription price is good during the IPO, Li Jiacheng plans to subscribe for some.

But if the subscription price is too high, there is no need to invest.

He will definitely not do anything to lose money on investment.

Hualian Supermarket Company will be listed in Hong Kong City. Rich people from all walks of life in Hong Kong City are also concerned about it and have the same ideas as Li Jiacheng.

Regarding the B-round financing of Hualian Supermarket Company, reports discussing this related topic on various university campuses in Shanghai have become unprecedentedly popular. Everyone expressed their opinions, mostly from the 59 students who were envious of Fang Bai.

In particular, students from the School of Mechanical and Electrical Engineering of the same class at Jiaotong University were hit hardest.

Students from the same department, but because they were not assigned to Fang Bai's class, their fates were completely different.

The destiny of man is that choice is greater than effort.

Students who graduate this year are relatively lucky, but students who graduate two years later are very distressed.

In 1993, the relevant national departments officially proposed to reform the employment system of all-inclusive employment and "cadre employment" for college graduates, and implement an employment system in which a small number of graduates are employed by the state and the majority of graduates "choose their own careers" , that is, a dual-track system.

It is precisely because of the dual-track system that Xinghai Group is able to enter various universities for recruitment.

It is already September 1994, and various colleges and universities have heard rumors that the official implementation of non-guaranteed allocation began in 1996, and began to be implemented on a large scale after 1998. By 2000, the inclusive allocation system was completely stopped.

This is not groundless, but is a deliberate move by relevant state departments to allow students in colleges and universities to gradually adapt to this policy, so as to avoid causing social unrest. In fact, in 1985, relevant national departments had stated that they would reform the enrollment system for college students and the distribution system for graduates.

Sure enough, in 1987, there was the first "cold wave" in which college graduates were returned after being allocated, and the irrationality of the allocation system was highlighted.

The ones who were hit the hardest were probably the girls who initially rejected the pursuit of boys from Class 3 of Mechanical Engineering, such as Wu Qin, whom Cui Xiaoqiang initially pursued.

Wu Qin saw that the better Hualian Supermarket developed, the more she regretted it.

Recently, she visited Cui Xiaoqiang, but she was refused communication, which made her very hurt.

Wu Qin felt that she was a relatively kind girl. Although she rejected Cui Xiaoqiang at first, she did not say anything.

In fact, she still encouraged Cui Xiaoqiang to persist, after all, she gave him hope and warmth.

But what about him?

Don't he think he is going too far when he abandons her after becoming rich?

He used to often talk to me, and he even helped her fetch hot water at night. He was very happy as long as she just replied casually, but now that she has taken the initiative to talk to him, he is still not happy.

Now, she gave him more hope, but she decided not to pursue him.

Compared with Wu Qin, who is extremely regretful, Cui Xiaoqiang's current girlfriend Qi Ran feels very happy. Fortunately, she is smart, otherwise, she might not have her turn now.