I Won a Prize of 100 Million at the Beginning, and I Became a Capital Boss

Yi Zhongnan and his team focused on inspecting Ke's artificial intelligence laboratory, which mainly develops innovative technologies for Ke's content platform.

The person in charge of the artificial intelligence laboratory is Luo Ronggui. He is a graduate of the Yao class of the School of Computer Science at Shuimu University. He joined the department through the Genius Youth Program of the Slope Group.Luo Ronggui's salary is the highest in the genius youth plan, with an annual salary of 201 million yuan.

It is very common for graduates of the School of Computer Science at Shuimu University to get a salary of 40 to 200 yuan in domestic Internet companies, but it is very rare for a starting salary of more than [-] million yuan after graduation like Luo Ronggui.

The media also took a look at the resumes of the young geniuses of the slope group, and found that most of them came from top schools such as Shuimu University, Yenching University, Huagong University, Jiangchu University, and Puhai Jiaotong University. Luo Ronggui is a doctoral student born in the 90s, but this group of geniuses The teenager also has Wu Qiulei, the only undergraduate student, who graduated from the School of Mathematical Sciences of Yenching University.

Luo Ronggui introduced Ke's latest research and development results to Yi Zhongnan, Shen Nanpeng, Xiong Xiaoge and others. The pictures processed by Ke are very clear and can accurately mark the outline of any instance in the picture.

Zheng Wentong introduced the application scenarios of this technology to Yi Zhongnan, "Weiyin users upload a large number of pictures every day or, before, some users found their family members through Weiyin."

"We can use these technologies to achieve precision, help users find lost family members, and also help public security organs arrest fugitives. The identification success rate is 99.97%." Luo Ronggui introduced the results of this technology to Yi Zhongnan.

Yi Zhongnan was very happy, and said to Luo Ronggui: "Internet companies need to have a sense of social responsibility. Your work is for the benefit of the present."

After praising Luo Ronggui, Yi Zhongnan said to Zheng Wentong: "Zhu Sheng's idea of ​​'accumulating grain widely, building walls high, and becoming king slowly' is also applicable to the current situation of the department. Seeing your investment in technology research and development, the district is very concerned about it. Ke's development is very confident, and Secretary Yuan in the city is also very concerned about Ke. When I went to a meeting in the city, the leader even mentioned you. By the way, what happened to the mobile game "Arad's Wrath"?"

Zheng Wentong called Qu, "Leader, this game really has nothing to do with me. I guarantee that the Slope Group didn't get a dime from this game. Penguin said that I led the development of this game, purely It’s nothing, why should I do such a thankless thing.”

Yi Zhongnan said: "Now it's a game of chess in the national economy. Penguin also has a lot of industries and investments in other districts. Penguin's lawsuit against the game operator of "Arad's Wrath" has been postponed again and again. It is not good to make it too ugly. Secretary Yuan's It means that Puhai is an international metropolis, and it cannot bear the bad reputation of local protectionism, which is not conducive to the city's investment promotion work."

Zheng Wentong nodded in agreement, "Secretary Yuan is right. This is also the purpose of my proposal to establish the Puhai Internet Court."

"Because the business license of the previous operator of "The Rage of Allard" has been cancelled, and the current operator is in Gan Province. If it is an Internet company in Puhai City, I can help say hello. Our slope group is also in Gan Province. Without an investment project, it is difficult to mediate between Penguin and the game company.”

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"Now Penguin claims that this game company copied their game "dnf". In fact, Penguin claims that it is the copyright of "dnf". This kind of lawsuit itself is very complicated to obtain evidence, so it will inevitably be time-consuming and labor-intensive." Zheng Wentong said .

"For example, Douyu and Huya did not have our permission, and the contracted anchors of their platforms live-streamed our game "Peace Elite". After we sued Douyu and Huya, the lawsuit dragged on for more than half a year, and finally ended in mediation." Zheng Wentong Say.

Yi Zhongnan was transparent when he saw Zheng Wentong, and the conversation that followed was relatively easy.Zheng Wentong also introduced to Yi Zhongnan the work direction of the slope group in the second half of the year.

The Institute of Biomedicine of Huagong University and the Howard Hughes Medical Institute of Massachusetts Institute of Technology have become cooperative research units.The two research institutes will send researchers to each other's research institutes for internships, which will not affect the credits and graduation of students from both sides.

Zheng Wentong invited Yi Xin to join the list of the first batch of exchange students. After consulting her father, Yi Xin politely declined, but she can participate in the scientific research team project sent by Huagong University.

In addition to this, Yi Zhongnan also asked whether the slope group really intends to launch a new energy vehicle project?Zheng Wentong also told the truth that he only has this intention at present. Only after the successful acquisition of Zhongchu Machinery Group, the slope group will start the new energy vehicle project. Zheng Wentong does not intend to let other automobile companies to OEM the slope group's new energy vehicles.

Puhai City already has Tesla as the benchmark for new energy vehicle projects, and it is certainly impossible for slope-based new energy vehicle projects to land in Puhai.It is indeed possible for Yi Zhongnan to be transferred to another sub-provincial city next year to serve as the main leader, so it is only normal for him to take a look at the new energy project of the slope group.

"Shen Nanpeng's words are very reasonable. Ke's way out is not inside. Now the city has begun to sort out the information on overseas investment of Puhai enterprises. If you wait until next year to buy Atletico Madrid, it will not be so easy. .” Yi Zhongnan said.

Yi Zhongnan now also pays more attention to Zheng Wentong's economic judgment. Zheng Wentong was able to develop the slope group into a large consortium with assets of nearly [-] billion in just three years, starting with a capital of [-] million. Investment institutions are ranking the best investors At that time, Zheng Wentong and Shen Nanpeng were also bright for a while.

Yi Zhongnan had other work to do in the afternoon. Zheng Wentong sent Yi Zhongnan to the parking lot first, and then returned to the company to chat with Shen Nanpeng and Xiong Xiaoge.

Before the Spring Festival next year, Kehui will start the C round of financing, and the valuation of Kehui will be around 100 billion US dollars.Sequoia Capital will continue to follow suit, and idg Capital will transfer part of its equity to other newly joined investment institutions, such as the SoftBank Vision Fund.

If Zheng Wentong wants to redesign the shareholding structure of the same share with different rights before the C round of financing, he must convince Shen Nanpeng and Xiong Xiaoge at the same time. It's easier for Ahri, who can't do anything alone.

If Ari, Sequoia Capital, and idg Capital form a group, it will be more difficult for Zheng Wentong to implement different rights for the same share.

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When Shen Nanpeng heard that Zheng Wentong planned to implement different rights for the same shares in Keke, he subconsciously raised an objection.

"You told me before that the science and technology will be dual-listed on the US stock market and the Hong Kong stock market. Now the Hong Kong stock exchange still implements one share one right, and the policy has not changed. Are you planning to give up the plan to list on the Hong Kong stock market now?" Shen Nanpeng Ask Zheng Wentong.

"Now that Chinese concept stocks are delisted from the U.S. stock market, returning to the A-share market or the Hong Kong stock market is a high probability event. Of course, I will not give up the Hong Kong stock market. But I don't think the Hong Kong Stock Exchange will continue to adhere to the policy of one share, one right. If the Hong Kong Stock Exchange is used as a dual primary listing place, it is imperative for the Hong Kong Stock Exchange to revise the policy of one share, one right.” Zheng Wentong said.

The investment department of idg capital is mainly engaged in financial investment. As long as it is an investment project that Zheng Wentong participates in, idg capital will eventually get a good return.Unlike Shen Nanpeng, he didn't care about the number of voting rights at the shareholders' meeting.

Shen Nanpeng said to Zheng Wentong: "Borrowing a line from "The Name of the People", the top leader has absolute power. If you concentrate the company's voting rights in your own hands, it may not be beneficial to the development of the company. Dark. I have seen too many company decision makers because of a wrong decision, the company finally went bankrupt.”

Zheng Wentong disagreed with Shen Nanpeng's words, "Mr. Shen, your Sequoia Capital has invested in thousands of companies in China, and countless companies have gone public. When you invest in Internet companies, you like to find templates for companies. Ah Fox’s template is eaby, JD.com’s template is Amazon, and Ke’s template is ByteDance.”

"If you compare running a business to a marathon, your investment institutions will only run with us for a period of time at most, and there is no way to persist to the end. You cheer for us players, pass water and towels, but we players themselves can decide what to adopt. Such a running strategy."

"I admit that when I first started to create Ke, I adopted the method of following Byte. Wei Toutiao and Toutiao have many similarities. But since I founded Weiyin, ByteDance has changed from a leader to a chaser. We They bought musical.ly, and they bought zynn right after that.”

"I hope that the number of overseas users of Keke can catch up with the domestic market, and the proportion of Keke's overseas revenue can exceed about 50%, so that we can achieve differentiated competition with Penguin."

"Kehui entrusts Deutsche Bank to issue a bond with a total price of 10 billion US dollars in overseas markets. This loan will be used to acquire tiktok and Mutong Technology, and Kehui will provide stock cash to complete the transaction."

After the acquisition of tiktok, the slope group can return the loan provided by the Cheung Kong Group.After Keke completes the C round of financing, Keke will use the raised funds to repay the bank loan.

Zheng Wentong also introduced to Shen Nanpeng and Xiong Xiaoge the use of funds for technology research and development. In the next five years, the intensity of investment in technology research and development will reach about 15%.The department will carry out more cooperation projects with major universities across the country. The artificial intelligence department of the department has carried out a number of cooperation projects with Shuimu University, Huagong University and Puhai Jiaotong University. The department will pay research and development funds to these three institutions.

The so-called intensity of R&D investment refers to the proportion of the R&D expenditure of a company to the revenue of the year.For example, assuming Ke’s 17 revenue is 40 billion RMB, according to the ratio of 15%, Ke’s R&D expenditure will not be less than 6 million RMB, which is more than 90% of state-owned enterprises.

Shen Nanpeng finally let go, "Although the scale of the department is still small, Mr. Zheng's desperate technology, industry and trade route really requires you to retain enough voting rights, otherwise it will cause controversy in the company. If before the C round of financing, The Hong Kong Stock Exchange agrees to different rights for the same shares, so Sequoia Capital can agree that Mr. Zheng retains the vast majority of voting rights. The time for the C round of financing should not be later than the end of 18 at the latest."