“Concentrate your efforts to thoroughly understand the Internet financial business first, and then slowly penetrate into the traditional financial business.”

Xu Xiaoming nodded with satisfaction and said with a smile:

"Classmate Zhang Yida, you have successfully convinced me. Tell me about your valuation of the company and your financing share!"

"Valuation of US$200 million, Series A financing of US$50 million, releasing 20% ​​of equity, post-money valuation of US$250 million."

Zhang Yida said something shocking.

Zhou Chengdong's eyes widened. This kid Zhang Yida gave him too many shocks today. The old man has a bad heart.

Xu Xiaoming didn't mean any ridicule and asked calmly:

"How did you get the $200 million valuation?"

"We have already made a net profit of 36 million yuan this year. This kind of event will be held at least once more this year. To be precise, it is already being planned. We have already negotiated with several customers in Guangdong Province, and the total promotion cost budget is 4,000 yuan.

Wan, the net profit that Ruixiang Technology can obtain is roughly 24 million."

"Conservatively estimated, this year's net profit will not be less than 60 million. Based on a PE valuation of 20 times, it is 1.2 billion yuan. The current U.S. dollar to RMB exchange rate is 613.2 billion U.S. dollars, which is 1.226 billion yuan! This is a PE valuation

The model counts!”

"Based on the number of users, one user is worth 1,000 yuan, and with more than 1.1 million users, it is almost 1.2 billion yuan!"
Chapter completed!