After sorting out Mihayou, all subsequent companies were taken down smoothly.
The difficulty simply wasn't on the same level.
On average, dealing with two companies a day, by the end of September, Han Lie had convinced the founders of more than 30 companies.
Some of them were startups, but most were companies that had developed to a relatively good stage of maturity.
So, the price wasn't exactly cheap.
The valuations were basically concentrated in the range of 100 million to 1 billion, with a shareholding between 15% and 30%.
Because the founders of very small companies are unlikely to have a strong impulse for financial management or the basic conditions for investment.
When facing startups, Tianhang has another strategy and doesn't have to rush to negotiate terms now.
The discovery of startups should be a natural progression as fame spreads.
Therefore, for now, it's only necessary to focus on companies around the A and B rounds stages.
