Chapter 408: Becoming rich will still be an angel

"Helen, why did you say this? Is there any mystery?" Deng Feng, managing director of Northern Light Venture Capital, asked anxiously.

Because he had already booked the investment share of [Dajiang], he was naturally the one who was most concerned about.

Huang Yanhua smiled and replied slowly: "Let Marlon explain it to everyone, haha."

So everyone turned their attention to Ma Liang again.

Ma Liang spread his hands and pushed him directly to Wang Tao to take charge: "Don't look at me, let Mr. Wang come and uncover the answer for everyone!"

While speaking, he winked at Wang Tao.

"Okay, please come with me, all investors." Wang Tao stood up and led everyone out of the conference room again.

But he didn't go far, but came to the innermost office.

When the group first came to visit, they just took a quick look and did not introduce the specific functions and settings of each office.

And the innermost office looks like it is covered with a mysterious veil at this moment.

Because this is not another place, it is the secret R&D base of [Dajiang].

Lu Zhihui is leading a small team and is speeding up the development of a product that decides the future destiny of [Dajiang] - a multi-rotor drone.

"Mr. Wang, this is it." When Lu Zhihui saw so many people coming, he was shocked.

After all, multi-rotor drones are one of the core secrets of the company [Dajiang]. Not to mention outsiders, even many technicians in the company do not allow them to enter this office.

I had never mentioned this schedule before, so when I saw Wang Tao bringing a group of investors to the secret laboratory, he was also shocked.

Wang Tao waved his hand and introduced it dismissively: "Zhihui, it's okay. Just introduce the research and development progress of multi-rotor drone to all investors."

After all, as long as the key technical documents are not leaked, it will be fine.

"Okay!" Lu Zhihui then put down his guard and began to explain: "Everyone, this laboratory is developing the next generation core product of [Dajiang], multi-rotor drone.

Multi-rotor drones not only fly more flexible than ordinary helicopters, but also have stronger ability to adapt to extreme weather.

The most important thing is the super high stability, especially the ability to lift and drop during flight, or hover in the air, which is more than one level higher than that of ordinary helicopters.

This is a very amazing feature for aerial photography.

Because if these functions can be realized, the realm will not be improved by a little for aerial photography.

At present, we have developed a control system exclusively for multi-rotor drones based on the flight control XP2.0 system of [Dajiang].

The current R&D progress has exceeded 50%, which can achieve hovering and pulling down of drones.

The temporary technical difficulty lies in how to make multi-rotor drones achieve sudden brakes and stops. If this can be achieved, then multi-rotor drones will completely kill all unmanned helicopters.

The most important thing is that once the technical problems are solved, the company's multi-rotor drone products will face the vastest civilian market.

In that case, the market size in the future will be completely different from the same magnitude.”

Speaking of this, both Wang Tao and Lu Zhihui's faces showed excitement.

Because all this was carried out according to Ma Liang's plan, they were also moved by the bright future portrayed by this angel investor.

Once the development potential of multi-rotor drones was clearly seen, even the most stubborn Wang Tao quickly changed his concept.

He increased his efforts in product research and development and personally led the team to overcome technical difficulties.

If the financing is successful this time, then [Dajiang] will have the strength to recruit more R&D talents. I believe that the day when the multi-rotor drone product is released will be closer.

Then in the laboratory, Lu Zhihui briefly demonstrated the test flight process of multi-rotor drone products.

Although it is not mature and many functions cannot be implemented at present, it can already see the future prospects of the product.

Now, the investors present put down their contempt.

Especially those big guys who had regretted traveling for nothing before, even cursed at me in their hearts, and they almost misunderstood again.

You should know that the market size of civil-grade products is many times larger than that of industrial-grade products.

Moreover, products like [Dajiang]'s multi-rotor drone have not found any competitors on the market for the time being. This is a completely unique business.

Once launched into the market, the market share can almost reach more than 80%.

What is this concept? It is completely enough to support a company with a valuation of 10 billion yuan. When it reaches this level, it is qualified to call it a unicorn company.

If such a company has no investment value, then what kind of company is worthy!

All investors began to think in their minds that participation must be involved. The key is how big bets should be made?

Seeing that the atmosphere was almost set off, Ma Liang smiled and said, "Everyone, let's go back to the conference room to continue talking!"

Everyone could not wait, and followed him back to the big conference room just now.

More than a dozen investors turned their attention to Ma Liang again, waiting for him, the gamer to preside over the next process.

But they misunderstood again. Ma Liang did not speak, but gave a wink at the venture capital queen Xu Xin.

After all, the plan he made was completed before this. Today Capital Xu Xin, IDG Zhang Suyang, Jiyuan Capital Huang Yanhua and Tianhao Capital Chai Daren have already gotten on the bus.

[Dajiang Drone] The next round of financing has been finalized before today, with a round A financing of US$10 million and a valuation of US$50 million.

The investor was jointly invested by Xu Xin and four other companies, and Ma Liang also followed up with the investment for a round.

The allocation of investment shares is very fair. Each of them invests 2 million US dollars, and [Dafeng Capital] also invests 2 million US dollars, accounting for 4% each.

The last time Ma Liang invested 3 million Pre-A round, the valuation of [Dajiang] was RMB 10 million, and this time the currency unit was directly exchanged for US dollars.

Because [Dajiang] company also completed the VIE structure with the assistance of Ma Liang.

Since then, the financing will not be completed in domestic accounts, and most of them are settled in US dollars.

So after Xu Xin and Chai Daguanren invested in this round, the valuation of [Dajiang] company has increased by 34 times.

In other words, with the 200,000 angel wheel and the shares invested by Ma Liang's 3.2 million are now worth more than one million.

This is venture capital, which is sought after by countless people. The risk and return are proportional to the primary market. Making money is so cruel.

However, talking about investment aside from principal, it is called an outsider, and the primary market cannot create wealth out of thin air.

Under the premise that the principal is limited, no matter how high the multiple is, the actual return is still ceiling, and it is impossible to spend money without limit.

But even so, venture capital has attracted countless capital players to be obsessed with it.

Like venture capital queen Xu Xin, she was extremely excited to introduce the next round of capital bureau to a group of investors.

"Dear investors, I believe some old friends have learned in advance that the A-round financing of [Dajiang Drone] has been completed long ago.

The total amount of Series A financing is US$10 million and the valuation is US$50 million.

The investment will be jointly invested by Today Capital, IDG, GGV and Tianhao Capital, and [Dafeng Capital] will continue to follow up.

Today I’m calling you to come, and it’s actually about the Pre-B and B rounds of financing of [Dajiang] company.

Let me first talk about the Pre-B round, with the financing amount of US$50 million and the valuation of US$500 million."

As soon as Xu Xin said this, she shocked the audience again.

Only the old god Ma Liang was sitting there, thinking about how many times his investment would increase.

After the completion of the A-round financing, his original 33.5% stake will definitely be diluted.

Even with the $2 million invested in the A round, his shareholding ratio will also drop to about 30.664%.

Once the Pre-B round of financing is completed and the valuation is 500 million US dollars, the 2 million US dollars Series A round of financing will be 9 times, while the 3 million RMB invested in the Pre-A round will be 248.4 times.

The 200,000 yuan invested by the angel is even more exaggerated, and it is directly worth 434.7 times.

It is equivalent to the 200,000 yuan invested at the beginning. After the Pre-B round of financing is completed, the value can reach RMB 86.94 million.

If the investment costs are deducted in the three rounds, his total investment income will reach more than 900 million yuan.

Although this is just a valuation and cannot be fully cashed out for the time being, after calculation, individuals will be very excited.

Otherwise, if you want to get rich, you have to invest in angels.

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Chapter completed!