N-M Chapter 306 Valuation in Billions
Chapter 306 Valuation in Billions
Chapter 306 Valuation of One Billion
Although Wu Tao wanted Shen Youchu to join Mixue Ice Cream, business is business.
Even if the two get married, their assets must be clearly defined.
Moreover, Mixue Ice Cream is developing rapidly these days, and everyone knows it's a real money pit.
At the current rate, Mixue Ice Cream will have opened a thousand branches in less than three years.
Wu Tao adopted a two-pronged approach: self-operated and franchised stores, with a ratio of one to three. He opened one self-operated store and three franchised stores in each region.
This ensures seamless collaboration in subsequent logistics, management, and training.
Some investors have already endorsed Mixue Ice Cream at a valuation of 100 million, but Wu Tao certainly won't agree to that.
Although the initial investment was only five million, thanks to the unique milk tea recipe, his complete promotion plan, and the ample cash flow after Mixue Ice Cream became a hit.
Wu Tao directly announced a very surprising number, which even surprised Shen Youchu, who was usually calm and composed.
"Ms. Shen, there's no need to doubt it. Actually, if it weren't for you, I probably wouldn't have even considered collaborating with anyone else. Mixue Ice Cream is currently expanding rapidly. If we just continue step by step, its valuation will definitely exceed two billion in three years at most. So my current offer of one billion is a figure after repeated calculations."
Wu Tao patiently explained to Shen Youchu, not wanting her to think he was asking for an exorbitant price.
Shen Youchu had actually organized everyone at the company to calculate the valuation of Guangan Mixue Ice Cream before she came.
At that time, Shen Youchu thought that Mixue Ice Cream's valuation would not exceed 300 million at most.
Of course, Shen Youchu is still willing to accept the price Wu Tao has offered. It's normal for founders to have an inflated sense of value for their companies.
"Mr. Wu, I need to go back and discuss this further. However, I think with the meter you provided, the cooperation should be fine."
Wu Tao smiled and thought that Shen Youchu really was a very decisive and strong woman.
Wu Tao was not lying. Mixue Ice Cream's current development momentum means that it won't take three years for its valuation to reach or even exceed two billion.
Wu Tao simply didn't say that running a business to that level normally wouldn't be smooth sailing.
In business, everyone has their own cards to play. Wu Tao wouldn't really treat her like an ordinary wife; no matter what, she would always prioritize the Shen family's interests.
In arranged marriages, everyone has their own hidden agendas. They don't believe in feelings, nor do they easily trust other people's promises.
After saying goodbye to Wu Tao, Shen Youchu got into her car and left, leaving Wu Tao sitting there to wait for the guests.
Today, Wu Tao is not only meeting with Shen Youchu, but also with several other capital representatives.
Wu Tao plans to bring in three shareholders this time, and he now owns 60% of Mixue Ice Cream's shares.
Zhang Tao, Liu Feng, Chen Xiao, and Zhao Jun each own 10%.
This time, Wu Tao plans to transfer 30% of his shares. As for control of the company, he doesn't really care.
He originally created Mixue Ice Cream to help Zhang Tao, Liu Feng, Chen Xiao, and Zhao Jun.
It's a win-win situation for Wu Tao—it allows him to earn extra income and helps several of his good friends achieve their life goals.
Several subsequent investors who contacted Wu Tao realized that he was determined to calculate the valuation at 1 billion.
Although it differed from their expectations, the investors gritted their teeth and agreed in order to get on board as soon as possible.
Of course, their agreement doesn't count; this is just the first step.
Wu Tao still needs to investigate the other party. Mixue Ice Cream is not short of money, so why would it give up its shares? Isn't it just to get help?
The three new shareholders must demonstrate to Wu Tao what kind of support they can provide to Mixue Ice Cream.
If it were just about having money, then sorry, Mixue Ice Cream really doesn't need any new investment.
Zhang Tao, Liu Feng, Chen Xiao, and Zhao Jun are currently traveling all over the country to explore markets.
Wu Tao is the only one at home managing things, and lately he has had to obediently sit at the company every day.
The school has recently been promoting Wu Tao as a model of college student entrepreneurship.
This is related to the performance of teachers and leaders.
If a college student can use a few million yuan to build a star company with a valuation of one billion yuan, many people in the school will benefit.
Wu Tao had no choice but to cooperate with the school and accept interviews from several media outlets.
Wu Tao is not just an ordinary college student. He handled the reporter's interview with ease and also demonstrated the decisiveness and insight of a first-generation entrepreneur.
Watching Wu Tao's elegant and mature interview on TV, his girlfriends grew to like him even more.
Meanwhile, Mei Liangxin was working at a restaurant outside the school. Seeing Wu Tao's current success and excellence, she felt increasingly regretful.
She could have been Wu Tao's girlfriend, or even his future wife, but she ruined it all with her own hands.
She was just one step away from living the life of a billionaire. That's what's most devastating; having lost something and never having had it at all are two completely different things.
Wu Tao is now a popular figure on campus and a pioneer in entrepreneurship. The school has also applied for the title of Outstanding Young Cadre of Beijing for him.
While Wu Tao was achieving success, the school was also constantly building up his strength.
Originally a second-generation rich kid, Wu Tao is now even more sought-after. Senior and junior female students at school idolize him like a male god.
Even the male classmates admired Wu Tao, after all, he was able to start a business with his classmates, which clearly showed that he was a very loyal person.
It wasn't just Zhang Tao, Liu Feng, Chen Xiao, and Zhao Jun; Mixue Ice Cream was developing so rapidly that Wu Tao directly started recruiting on campus.
As alumni of the same school, whether they are currently enrolled or about to graduate, they are all willing to work at Mixue Ice Cream for a period of time.
Wu Tao offered very good compensation, far exceeding the market rate even for part-time work.
Such conditions naturally attracted many students to join.
With Zhang Tao, Liu Feng, Chen Xiao, and Zhao Jun as role models, many people hope that they can also become Wu Tao's friends.
With the news that Mixue Ice Cream is valued at 1 billion yuan, it means that Zhang Tao, Liu Feng, Chen Xiao, and Zhao Jun have directly entered the ranks of billionaires.
This is more convincing than any guy, and makes them the object of everyone's envy.
If they had known there was such a good thing, they should have groveled before Wu Tao.
At that time, many people were still mocking Zhang Tao, Liu Feng, Chen Xiao, and Zhao Jun behind their backs, thinking that they were all classmates and there was no need to be so realistic.
Many people even deliberately use them as a negative topic to criticize them.
Zhang Tao, Liu Feng, Chen Xiao, and Zhao Jun never paid them any attention. Although they now regret their past arrogance, they have forgotten the hypocritical nature they once possessed.