Chapter 1357 Dinner Party
Ele.me has actually not experienced many rounds of financing since its development.
Lu Heng’s two consecutive investments were actually angel rounds. The real A-round investment came from Sequoia and Capital Today.
From that time, Ele.me received a large amount of funds to expand its market to first-tier cities across the country.
This is actually quite incredible for an Internet company that is developing extremely fast.
The scale is so large, but the number of financing rounds experienced is so few.
The main reason lies in the co-founder Lu Heng.
In the early days, the entire company was basically supported by Lu Heng's funds alone.
But that's all.
If Ele.me wants to go further and expand its market scope to second- and third-tier cities, the resources required will be even greater!
It is almost difficult to accomplish this with just a few existing shareholders.
Lu Heng will not put too much weight on Ele.me. The company has grown up, and the next road cannot be supported by himself.
Moreover, Lu Heng's funds have a more important purpose.
For example, Didi Taxi will be a very expensive thing in the future.
Therefore, Ele.me’s Series B financing is imperative!
This round of financing is extremely important, not only to obtain a large amount of funds, but also to have more powerful shareholders join in. At least it must be as good as Alipay, allowing Ele.me to draw on the other party's resources.
The rumor has been released, but in fact, not many venture capital investors have come to contact us.
In other words, there are not many who have the strength.
The reason is also clear to Xiao Jianguo and others.
Online food ordering has always been a new thing. Everyone saw the prospects, but also saw the huge risks. No one dared to enter the market rashly.
And besides Ele.me, several similar companies emerged last year, and they are still very powerful.
Needless to say, Baidu Waimai is inseparable from Ele.me at the level of elite white-collar workers. That is to say, in other areas, Ele.me, controlled by Xiao Jianguo, has been suppressed.
The rising star, Meituan, is coming in force.
Less than three months after its establishment, various functions have been launched one after another. In addition to food delivery, it also has hotel, ktv, leisure and entertainment functions.
His ambition is evident!
Its founder, Wang Xing, has an even more impressive resume than Xiao Jianguo, Wu Mingming and others. He came from Tsinghua University and is the founder of Renren. He has been working hard in the domestic Internet industry for nearly ten years.
There are also some other competitors. Although they are not threats, they cannot be underestimated.
With so many candidates to choose from, various venture capital institutions will definitely consider them carefully and invest in the best.
Although he felt helpless about this situation, Xiao Jianguo was not discouraged.
He believes that all interested investors are not fools. No matter how strong others are, for now, the leader of the domestic food delivery platform is still hungry!
All you need to do is wait patiently and bargain again when the time comes.
However, judging from Wen Chu’s previous words, it seems that the development of the matter has completely tilted to his side!
This unicorn evaluation comes from several well-known investment banks that are interested in investing in Ele.me.
In other words, they are very optimistic about Ele.me, and now they are just waiting for an entry opportunity, a suitable opportunity!
Since they value it so much, then when the time comes, they can wait for the price and sell it!
Although it is only two or three sentences, it reveals too much information.
Xiao Jianguo and Wu Mingming looked at each other with understanding expressions in their eyes.
Wen Chu looked at this scene and smiled without saying a word. He had deliberately released this information, and it was considered a good friend.
Lu Heng sat aside, sighing in his heart.
This is probably the benefit brought by the power of connections!
Just some information from other sources may allow Xiao Jianguo and the others to gain more benefits in the subsequent financing negotiations.
Converted into an amount, it can be as little as one million, as much as tens of millions, or even take the initiative.
This is actually the same direction as the circle of contacts that I have been actively building.
But compared to Wen Chu, what I did was still too slow.
The other party has an entire Great Wall Society with a circle all over the world, but my own perspective is still in China.
But fortunately, now that I have joined the Wenchu line, I may be able to further expand my circle.
"By the way, our Great Wall Club plans to hold a medium-sized dinner party in the United States in January. If you are interested, I welcome you to participate!"
Chef Wen suddenly issued an invitation and looked at the three of them with a smile.
Xiao Jianguo was a little hesitant, as the time in January was a bit sensitive.
Before the Spring Festival, it is the busiest time for most companies in China, and Ele.me is no exception.
Especially since the B-round financing plan is in progress and January is the time for negotiations between all parties, he is a little worried about the time conflict.
Wu Mingming looked at Lu Heng, "Chief, what do you say?"
Lu Heng pondered and said, "I think we have to ask Chef Wen to introduce us to what this dinner will be like."
Wen Chu didn't get angry at all when Lu Heng called him by his first name.
In his opinion, Lu Heng was fully qualified to talk to him on an equal footing.
He thought for a moment and then said slowly: "The full name of this dinner party is the Great Wall CEO Dinner Party. It is a unique high-end private party event of the Great Wall Club. Every year, we organize it regularly in major cities around the world, focusing on different themes or industry hot spots.
Invite people with different backgrounds and interesting stories to be guest speakers.
Interested members of the Great Wall Club, founders of start-up companies and executives of well-known companies are invited to sign up to participate. Through offline gatherings, elites from all walks of life are provided with opportunities for full communication and ideological collision."
At this point, Chef Wen suddenly smiled and said, "You may be familiar with the guest speaker this time, Lu Heng."
Lu Heng blinked, and for a moment he was slightly surprised and said, "Is it Mr. Lei?"
Chef Wen nodded.
Lu Heng smiled. There were not many people he knew well and were qualified to be guest speakers among the big guys from all walks of life.
Li Xiang is one of them, he has enough seniority.
Liu Qiangdong, Li Xueling and others also count. After all, they have achieved excellent results in their respective fields. But for now, it seems that there is no need for them to give lectures. They can only participate in dinner parties.
Therefore, after excluding those who have this qualification and ability, only Lei Jun is left.
Wen Chu explained: "Brother Jun is actually one of the shareholders of the Great Wall Club. He invested 300,000 yuan in start-up capital for me when it was first established. Although it is not much, Brother Jun's support in other aspects is no less than 500 million yuan."
Dollar’s worth!”
After hearing this, several people were a little curious.
In the spirit of chatting with friends, Chef Wen explained some more details from that year.
The establishment of the Great Wall Club was not as smooth as it seemed. At least its reputation as a literary chef could not attract so many early members.
Lei Jun put a lot of effort into this.
Not only did he provide start-up capital, but he also accompanied Wenchu on a tour in Silicon Valley, USA, introducing the Great Wall Club, attracting investors, and lobbying influential members to join.
He even specifically endorsed and gave speeches for the Great Wall Association.
"This time Brother Jun is giving a speech at the dinner party. It is not so much about exchanging experiences, but more about building momentum for his Xiaomi technology! He is determined to do this, so I naturally have to cooperate with him and set up the stage for him!
"
Wen Chu said with a little excitement, this scene seemed quite loyal to others.
Lu Heng thought about the current progress of Xiaomi Technology and couldn't help but nod.
It’s time for Lei Jun to start building momentum. It’s almost time to launch Xiaomi Technology’s flagship product!
"Then I will definitely go!" Lu Heng replied, his eyes swept over Xiao and Wu, and he muttered: "As for you, I think we may have to discuss it. The two people in charge of Ele.me are both here.
Leaving is not a good idea after all."
The two of them nodded, understanding what Lu Heng meant, but they would have to discuss who would go in private.
And judging from what Wen Chu said, although this kind of dinner party is of high quality, it is not actually very large in scale. In terms of attractiveness, it is far inferior to some high-end summits.
Chapter completed!