As soon as Jiang Xiaobai's funding was in place, the two billion from Ding Haijian was also in place. Additionally, the other five major families, after their encounter with Jiang Xiaobai last night, were embarrassed to take shares without contributing funds, so each family also contributed two billion.
The starting capital of twenty-two billion was an impressive figure in the internet industry. Once they found a good project and achieved initial success, the Series A funding would roll in like a snowball, quickly increasing the company's market value to over a hundred billion.
After Series A funding, there would be Series B funding, and if necessary, Series C funding could be pursued. The company formed by the collaboration of these seven families would increase its market value dramatically like a snowball, eventually reaching the massive market values similar to many internet giants. Of course, the bubble would also be large, far less enduring than real industry under impact.
