I was reborn and stayed in school to lie down. I really don’t want to roll anymore!

Looking at Wang Xinxin in front of him with a smile on his face, he was lost in thought at the moment.

Regarding the R&D costs of robots, they have actually had a brief discussion within the company, but there is actually no fixed number.

It is not easy to come across such an opportunity, and Mr. Jiang is willing to provide such a large amount of funds.

They can neither ask for too much and make President Jiang feel that the Yushu company team is not sincere and force them to withdraw directly, nor can they be too conservative and leave the financial pressure to themselves.

In case the funding required is small and the capital chain breaks down halfway through research and development, Jiang Hao may not be willing to invest again at that time.

Wang Xinxin is clear about one thing: many investors make their investments based on trust and optimism about the other party, and make decisions on the spur of the moment.

No one can guarantee the future development trends and environment. After thinking for a while, Wang Xinxin simply talked directly to Mr. Jiang in front of him about the specific costs.

"Mr. Jiang, if we launch the robot project, our company's current 18-person R&D team will have to expand."

“It is expected that a team of nearly 100 people will be needed to be responsible for each module of the robot.”

"As for the employment costs of R&D personnel, it must be more than 30 yuan a year."

Jiang Hao nodded as he listened, and he agreed with this cost.

What Wang Xinxin is referring to is the enterprise employment cost of R&D personnel. The actual income of R&D employees has to be discounted.

After all, the company still needs to bear the other party's five insurances and one fund, including some additional expenses.

The income given to employees is roughly equivalent to 25 yuan a year. Compared with robot research and development, this income is only a relative average. It is not low but definitely not generous.

This means that the labor cost for R&D is 3000 million per year.

“What about other costs?”

...

"The rest is the cost of hardware R&D, design and manufacturing. A lot of robot hardware and spare parts still have to be designed by ourselves, especially some sensors, which are available on the market but do not meet the standards."

"I can't give you an exact figure for the cost of this."

A look of embarrassment flashed across Wang Xinxin's face, but he still gave Jiang Hao a reference.

"For our robot dog project, the cost of human resources is about 10-20% of the project cost, but the hardware cost of each project is hard to say."

"There are actually quite a few technical patents on the current robot dog that can be used in subsequent projects, but if a special component is stuck in the main project, the cost may rise sharply."

Listening to Wang Xinxin's rather costly words, Jiang Hao could feel the other party's sincerity, including his eager desire to invest in him.

At that moment, I silently made an estimate in my mind. If we take the most conservative scenario, the labor cost is considered at 10%, and the R&D cycle is two years.

The R&D cost of the robot project is RMB 6 million, which is 10 times the total valuation of Yushu Technology in the last round of financing.

It’s no wonder that the project has not been launched yet. If the project does not go smoothly, the company may be dragged down.

Of course, this is the most extreme case, where so much money is needed for R&D costs.

If all goes well, there may be results in a year. At the same time, the hardware research and development also goes smoothly, and the cost may be kept to just over 1 million.

But no matter what, the research and development cost of this robot must be over 100 million.

After some thought, Jiang Hao finally spoke amid the expectant eyes of this group of young people.

"For the robot project, I will invest 3 million RMB in you."

"There's no need to discuss the shares. I want 40% and I won't interfere with your operations."

After much hesitation, Jiang Hao realized that he could afford the 600 million yuan cost, but there was no need to do so.

It is impossible for him to create an infinitely comfortable environment for this group of young people through investment, so the necessary pressure must still be there.

The funding of 300 million is a bit stressful, but there is great hope that the project can be completed.

In addition, there is no meaning in normal pull on the shares.

The total valuation of Yushu Technology in the last round was only 6000 million, so it would be no problem for Jiang Hao to invest 3 million and directly buy the company.

But buying this company made no sense to him. The core of the company was an 18-member entrepreneurial team with Wang Xinxin as the core.

Once he bought the company and provided a guarantee for it, the other entrepreneurial team suddenly felt relieved of the pressure.

Anyway, it’s not their own company, so the success of the project has little to do with them.

Even the core employees of the team may quit their jobs and seek new opportunities because of the share issue as they no longer have pressure and expectations.

If Jiang Hao really wants to acquire the company, he will be asking for trouble.

He is here to invest in the team, not to buy the company.

He has to guarantee the shares of the founding team, and he can just take 40% of them.

In this way, Yushu Technology can be said to have truly entered the A round or directly the B round.

The company's valuation has officially reached RMB 7.5 million, and it also has funds for the research and development of robotics projects.

"No problem! Mr. Jiang, as long as you have 3 million, I promise to officially develop the first generation of robots, and ensure that the level of intelligence and practicality is not lower than the standards of robot dogs."

The moment he heard the 3 million yuan in funds, Wang Xinxin subconsciously took a deep breath, and his breathing suddenly became heavy.

The same goes for several other young people in the founding team around me. In the past, the amount of financing of tens of millions was enough to make them excited for a long time.

The investor who is willing to give 300 million at once is Mr. Jiang from Haijing Technology, a pioneer in the Internet industry and a role model for them.

This amount of funds, including Mr. Jiang's only 40% stake, made everyone extremely excited.

"Don't be happy too soon!"

"I won't transfer the funds all at once. I will transfer the funds to your company according to the progress."

"The first round of funding is 100 million yuan. At least the project team members must be in place and the project must be truly launched before subsequent funds can continue to flow in."

Jiang Hao still has to be on guard against the young company team.

After all, this was an enterprise that he had never heard of in his later years. If the other party really got the funds, they would just run away.

Well, for him, losing money is a small matter; making a fool of himself is the real deal.

He doesn't expect the investment to be profitable or that the robot will be particularly successful.

But it must meet the standards of the output from his investment of 3 million yuan.

"Boss Jiang, don't worry, we will definitely use the funds according to the standards."

"You can arrange for financial personnel to come to our company for supervision."

Wang Xinxin is still a little confused about such a large sum of money.

The largest amount of money in the company's account was still the financing received two months ago, but half of it was spent within a month of arriving.

Nowadays, even an initial investment of 100 million is an astronomical figure for their company.

Jiang Hao nodded silently at this and also intended to send financial personnel.

Considering the current size of Haoyue Technology, Jiang Hao is also planning to recruit a new group of financial personnel to share Lu Miaofang's pressure.