"Really?"
No doubt, Xiangnu was very tempted.
Financing means the company will have cash flow, and many things can continue.
Li Yang said, "However, my friend wants quite a lot. He wants no less than 30% for the first round and demands lead investment rights for the subsequent rounds."
Li Yang didn't plan to ask for a pile of chips at once, as that would just kill the entire platform.
Gradually increasing, waiting until after four rounds to gain control is the best way.
Otherwise, it would be him playing alone, and few would want to accompany him.
Currently, Mouyu only has one round of financing; this cake needs to be bigger.
Round A financing was given by Red Shirt Capital with 30 million US Dollars. They definitely reached a lead investment agreement with Chen Jie, but... it's not Chen Jie calling the shots now.
If they are willing to sell their shares, Li Yang doesn't mind taking over.
"Then how much valuation do you think is appropriate for Round B?"
"1.2 billion."
