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... it IPOs.
By then, it might just cause a domino effect.
So, there's nothing to regret about giving up on Xiaomi now.
Qi Hao's bottom line is USD 4 billion.
USD 45 billion is the post-funding valuation, and after the actual funding, Donghao Venture Capital can't maintain a 10% stake.
USD 4 billion is already a pretty good price.
Xiaomi is being hyped by venture circles; otherwise, with such a questionable valuation, you'd have to at least take a 30% ...
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