Li Rui met Wang Tao in the cafe of Shangri-La Hotel.

Wang Tao is only five years older than Li Rui, with sparse hair, a little square cheek, wearing black-framed glasses, and a small mustache on his chin. From the outside, he can't tell the appearance of the future "drone tyrant".

It's more like a young entrepreneur who can be seen everywhere on the streets of Pengcheng, with an ambitious passion flashing in his eyes.

This person is extremely smart. He was admitted to the Xiadong Normal University in Haizhou in 1999. After studying for three years, he dropped out of school and went to Hong Kong Island University of Science and Technology to re-study.

In 2004, he participated in the Yazhou robot competition and stood out in the fierce competition of more than 500 people to win the first place in Hong Kong and the third place in Yazhou.

After graduating from undergraduate studies, he founded Kaijiang Company, specializing in "model aircraft". At that time, few people could have thought that he would make a small "model aircraft" industry of hundreds of billions or even trillions of industries!

Li Rui and Wang Tao shook hands, sat down and exchanged greetings.

Wang Tao was a little anxious: "Mr. Li, let's go straight to the point. Does Xingrui Capital have the intention to invest in Xinjiang?"

This man is a genius of technology, not necessarily a business genius. Such urgent questions made him at a disadvantage from the first step.

Li Rui couldn't help but remember the "genius" creativity that Wang Tao had created for auction investment several years later. What kind of training did time give him, and gave him a world of difference?

Li Rui said calmly: "I am indeed more interested in your company. I have investigated your data before. Last year's sales were... three million, right? Then your valuation of the company was 5,000.

Wan? I want to know, what reason is this valuation based on?"

Sales are three million, so there is no need to mention profits.

As for market share, whether this market exists or not is a question. It is mainly exported to some foreign geek users, and no one knows how long it can last.

Maybe the technology is worth a little money, but the valuation of 50 million is really scary. It’s a damn thing to be able to raise funds, unless the other party is also a reborn person like Li Rui!

"Our technology is the world's leading, and it is a blank market, with great potential for development..." Wang Tao said endlessly. He was not the only arrogance and stubbornness of a science man, but his eloquence was considered a sensation.

Yes, "...Kaijiang's future development direction and next-generation products have been determined. As long as the funds are in place, it will soon occupy the market and become a unicorn enterprise in this field!"

Li Rui knew that Wang Tao's bragging had basically achieved all his achievements.

In the future, Kaijiang will occupy 80% of the global drone market share. With its super high market share, Kaijiang's annual sales exceeded 30 billion in 2020.

It only took ten years to open Xinjiang from three million to three hundred billion.

Kaijiang's valuation is also rising steadily. As a giant in the drone industry, the capital market has given a valuation of more than 200 billion yuan, ranking seventh on the list of Xiaguo unicorns.

Li Rui will definitely not miss such a future unicorn, but he is no longer the person he was reborn. At that time, he had neither fame nor resources but only money. He could only earn shares in his company by spending money.

Now he is not only a member of the rich list, but also has a clear and complete industrial chain.

Therefore, every investment in Li Rui now pays attention to cost-effectiveness. Even if the valuation of 50 million yuan is only a drop in the bucket compared to the future value of Kaijiang, Li Rui cannot let Wang Tao ask for a sky-high price.

And Li Rui could see that Wang Tao needed money very much!

Li Rui guessed correctly, Wang Tao was short of money recently.

In the beginning, Wang Tao and several friends formed a company that raised 2 million yuan. The entire team had only four employees. In addition, Wang Tao was a stingy person who refused to share the equity. Almost all the people who started their business together left.

If it weren't for Wang Tao's mentor Li Zexiang, who was at the Hong Kong University of Science and Technology, who took the initiative to work as a technical consultant in Kaijiang, and also brought some outstanding students who had taught from the Ice City University of Technology, Kaijiang might not be able to hold on at that time.

It was also Li Zexiang who helped Kaijiang get an investment of 2 million yuan from Hong Kong Island University of Science and Technology. Kaijiang developed the first generation of helicopter flight control system xp3.1, which gained a firm foothold in this field.

Although this system sold three million in sales last year, it was a drop in the bucket compared to the subsequent R&D costs of Kaijiang.

Recently, Wang Tao is preparing to start a new project, but his funds are short of money and has to go to see investors everywhere, but he has encountered walls everywhere.

This time he came to meet Li Rui, which is already the fifteenth group of investors this month. If he fails to succeed, the new project will be ruined.

"I am indeed very interested in your company, but I really can't accept your valuation." Li Rui said, "Or why both of us go back and think about it."

Wang Tao's face looked a little ugly, but Li Rui is an investor and is not his subordinate. He cannot lose his temper. He can only say patiently: "In fact, this valuation is based on market potential and the overall technical level of Kaijiang. Our future..."

There was another rumor, and Li Rui did not interrupt.

"... In short, I don't think this valuation is too big. If Xingrui can invest, it will definitely get considerable returns in the future!" Wang Tao said.

Li Rui really wants to laugh.

Wang Tao still doesn’t understand that what is financing is not technology or market, but a kind of gambling!

Even if an investor has a glamorous resume, there are countless failure cases.

Everyone sees that Sun Mingyi invested in Ali, Wang Jieqiong invested in Huawen hot spots, Zhu Xiaohu invested in DD ofe Hay Being ofo, Zhang Lei invested in Penguin Jingdong, Professor Li invested in many successful companies,

But who would know that behind the investment of a successful company, they also invested in dozens and hundreds of failed companies?

There are so many books on venture capital on the market, and I have said countless reasons. Some say we should pay attention to the market, some say we should seize the opportunity, and some say we should invest mainly in people, but in fact we are all successful people.

It is pure nonsense to find theoretical support for yourself from the perspective of the situation.

Investing is gambling. No one knows whether this game can be won before opening the trump card. Of course, it can be said whatever you want after winning. If you lose, you can only blame your bad luck.

Li Rui's advantage is that he knows what the trump card is and whether he can win this game. He is not based on luck or theory, but completely the prescient of the rebirth.
Chapter completed!