Since Lei Xiaojun said he wanted to invest in Second-Life Star, he had done his research on the MCN industry and had an approximate valuation in mind.
He was prepared for the fact that, because of Mr. Chen's involvement, Second-Life Star's valuation would be higher than a typical MCN of the same level.
But when he saw Mr. Chen's financing proposal for Second-Life Star, he was a little dumbfounded.
He had thought it would be an investment of a few hundred million at most, but what was he seeing now?
3 billion for a 20% stake?
That put the valuation at 15 billion.
He subconsciously felt it was absurd.
But as he examined the proposal's contents more closely, he grew increasingly surprised, finding it almost incredible.
It wasn't because of the price, but because there was nothing wrong with any of the proposed projects.
He hadn't expected an MCN company to be capable of so many different ventures.
