We are all reborn, who wants to be the richest man?

The reaction of capital is always quick, and the sense of smell is always sharp.

Just when Luo Nianzhong woke up on his custom-made extra-large bed and was still reminiscing about last night's success, the capitalists had already gathered in the office building of the New Territories Start-up Building.

Far Eastern Asian Capital, Far Eastern Bank, and Hang Seng Bank.

Hong Kong's HSBC and Standard Chartered, as well as Wall Street's Morgan Stanley, Citigroup, Goldman Sachs and other capital giants all rushed over immediately.

As for those mid-sized banks and institutions, these are the people who are like, "Who are you looking for?"

They are not even qualified to meet.

“The post-money valuation is US$50 million, which I think is a very high and reasonable valuation.

You must know that United Lighting is a team of less than ten people. Although it holds technology patents, it does not have any company assets. The price we offered by Goldman Sachs is already very high."

Goldman Sachs set the tone, and no other investors objected. This is a tacit understanding.

No matter who United Lighting chooses in the end, the tone will be set first.

As for the subsequent private contacts between each company, it is nothing more than a matter of how much the increase will be.

The foundation of 5000 million US dollars is laid here, and if you double it, it will only be million US dollars.

The two representatives of United Lighting, Amano Hiroshi and Van Bier, were not satisfied with Goldman Sachs' offer, which was far from their expectations.

Their expectation is that the pre-money valuation is US$13 million and the Series A financing is US$ million, accounting for about % of the total equity.

If calculated according to Goldman Sachs' post-money valuation, if they raise US$30 million according to their idea, this will account for % of the equity, which is impossible for the two of them to accept in any case.

"This valuation is unacceptable to United Lighting. It is too different from our expectations.

You should understand that we at United Lighting are not short of money at all. As long as we license our patents, many manufacturers around the world will give us money.

Now we just want to make this pie bigger, maximize our interests, and shareholders will naturally get the maximum profits."

This is the benefit of industry. Unlike the Internet, if you don’t agree, I will turn around and support your opponent.

But industries are different. They have core intellectual property rights and patents. Looking at it now, it is impossible to find another way around United Lighting's patents. To put it simply, will it be their turn to invent blue LED?

“You are right, United Lighting can indeed do this, but it also means that United Lighting has lost its future and missed an opportunity to become a major lighting manufacturer in the world.

Just relying on these patents, we want to be valued at 100 million US dollars. This is probably the most valuable patent series in the world, and I believe that no one can accept it."

Here, instead of numerous banks and investment institutions, there are only two groups.

One is the Wall Street team headed by the bitter rivals Goldman Sachs and Morgan, and the other is the Far East team headed by Liang Botao.

As for HSBC and Standard Chartered, although they are local gangsters in Hong Kong Island, inviting them is more out of politeness.

With the status and background of United Illuminating, and the support and help provided by the Far Eastern Angel Wheel to United Illuminating, HSBC and Standard Chartered have no chance at all. Maybe they themselves know that they are just here to brush their faces.

This is also the tragedy of HSBC and Standard Chartered in the past two years. Surrounded by wolves externally, there is also a tiger watching covetously internally.

In the technology industry on Hong Kong Island, any company with some achievements and ideas will always first consider the Far East bank when financing, and then the foreign capital. People will choose these two banks only if neither party wants them.

This includes Far East Group's influence in the technology industry. The most important thing is that HSBC and Standard Chartered cannot help financiers in this regard in terms of experience and connections.

Standard Chartered has never invested in a well-known technology company, but HSBC has, but what is the result? The Jianing case is still brought up frequently.

So these two banks, let alone follow them to drink soup, just leave people to lick the bottom of the bowl after finishing their meal.

Goldman Sachs, Morgan Stanley and United Illuminating are engaged in a war of words, with neither side giving in.

Seeing that the situation was deadlocked, Damo gave in.

"In this way, let's each give in. Calculated at a post-money valuation of US$8000 million, how about United Lighting's financing of US$ million?"

Amano Hiroshi and Van Bier looked at each other and understood each other's thoughts.

Van Beer shook his head and said that United Illuminating would not give in.

“No, US$100 million after investment is our final bottom line.

If you all don’t agree, then I’ll wait for someone with sincerity to come.”

To be honest, let alone US$100 million after the investment, even at the pre-investment valuation, there are many banks and institutions willing to take the money. The development prospects are really good, and you can see through it at a glance.

However, both parties know that this money is not so easy to obtain. United Lighting values ​​the shareholders' personal connections more.

Just like Wall Street, choosing Wall Street means that you can more smoothly enter the market of the beautiful country and its younger brothers.

If there is no Wall Street giant, can you try to sell your product smoothly?

This is not an emerging industry. Wall Street can analyze the scale of production value and will not let you rise easily.

Like environmentalists, various antitrust reports, etc., they will never let you promote LED so smoothly. They are waiting for your patent to expire.

There is no doubt that there are too many inventions in this world, especially in beautiful countries.

This is also the reason why they dare to lower the price. Sometimes strength is a kind of value. This value cannot be measured by money, but it is much more important than money.

So despite Van Beer's tough words, Goldman Sachs was not moved at all.

"I think there are differences between us, and negotiations cannot be completed in one go. If we communicate more, we will give more time to understand each other."

What do you need to know more about? For such a start-up company, the liquidity, operating conditions, and technology patents are all clear at a glance.

This is why banks such as Goldman Sachs are exerting pressure, and they also have more time to go back and do their homework to see how big this market is.

Another point is to find someone to see if they can spare United Lighting's patent, although they also know that this is very difficult and almost impossible to achieve in a short time.

Wall Street capital left, as did HSBC and Standard Chartered, the two soy sauce actors, and the Far East Department led by Liang Botao, who had been silent throughout the whole process, also stood up.

Before leaving, Liang Botao came to Amano Hao, looked at him meaningfully and patted him on the shoulder.

"Sometimes, failure is more valuable than success."

After speaking, Liang Botao also left with others, leaving only the two people looking at each other.

To be honest, Amano Hiroshi and Van Bier had some complaints about Liang Botao not speaking up for them just now.

Far East Bank invested in their angel round, and at this time the interests of both parties were bound.

If Far East had spoken for them just now, it would be impossible for Wall Street capital such as Goldman Sachs not to consider it.

First of all, the Far East Group has connections and allies in the beautiful country. There are also factories of various sizes built by the Far East Group in the beautiful country. All the companies add up to dozens or hundreds. This makes the Far East Group have a strong presence in many continents of the beautiful country. Very vocal.

Another Wall Street capital is very flattering to the Far East group. Next is the peak period for Far East companies to go public. It is impossible for any Wall Street bank to exclude itself from this capital feast.

So if Liang Botao talks, Wall Street will not pick up the sesame seeds and lose the watermelon.

But now, both of them saw something unusual in Liang Botao's expression and language.

In this case, just wait and it's over.