Rebirth 2010: I add some points to be a boss

Chapter 78 When the A round of financing is in progress

Chapter 78 When the A round of financing is in progress
the next day.

Chen Heyu woke up, took the elevator to the restaurant on the 11th floor after washing, and there were already customers in twos and threes.

The five-star standard hotel breakfast is rich in variety and full of tricks.

Western style: all kinds of toast, bread, pastries, yogurt, vegetable salad, milk, juice, coffee, fruit, etc.

Chinese style: soy milk, steamed buns, pancakes, steamed dumplings, dumplings, fried rice, glutinous rice balls, etc.

"I want a bowl of beef noodles."

Chen Heyu walked around half a circle, selected the steaming noodles, and said to the chef who was cooking the noodles. The other side nodded and replied, "Sir, you sit first, I will call you in three minutes."

"it is good."

Hearing this, Chen Heyu went to get some steamed stuffed buns and some fruits, and chose a seat by the window to sit down.

When Zhou Xiaoyu and Liao Feng arrived, he had already finished his breakfast and was resting on a chair with a cup of hot milk in his hand.

"Mr. Chen, good morning!"

"morning."

He glanced up at the two of them. They were dressed differently from their usual suits and leather shoes. They were both wearing simple T-shirts and shorts, with disposable hotel slippers on their feet.

Holding the dinner plate in his hand, Zhou Xiaoyu is a combination of bread and coffee, and Liao Feng is a combination of rice porridge and side dishes.

"Today's financing seminar, there is no need to worry about funds and the current value of Douyin. While maintaining competitiveness, we will strive to win more equity shares."

Chen Heyu took a sip of milk, and ordered again.

"Mr. Chen, I understand."

Zhou Xiaoyu knew that this project was highly valued by Chen Heyu from the very beginning. On the premise of having the priority financing right, it is very beneficial for Shanhai Capital to take the lead in this round of financing.

"Eat first, see you later."

After Chen Heyu said hello, he returned to the room directly, put on a royal blue suit, stood in front of the mirror, and instantly became calm and heavy, with a bit more mature temperament.

He went straight to the conference hall on the third floor. Zhou Xiaoyu and Liao Feng were also dressed in business suits, and they were standing at the door to exchange greetings with Zhang Yiming.

"Mr. Chen, long time no see."

When Zhang Yiming saw the benefactor, he left Zhou Xiaoyu enthusiastically, and greeted him with a smile.

"Mr. Zhang, you are a little unkind this time. The company lacks funds for development. You can contact Lao Zhou at any time. There is no need to recruit a third-party venture capital."

Chen Heyu pretended to be angry, and sent the other party off.

"I'm sorry, I'm sorry, Mr. Chen, I can't help it..."

Zhang Yiming smiled bitterly, and then explained that as a Fujian businessman, he could not have entered the business world without the help and support of his fellow villagers.

This time, the intervention of SUG Haina Capital was also influenced by the Fujian Merchants Guild, so he had to give up part of the benefits in return for the help of the big boss of the Fujian Merchants.

"Mr. Zhang, I understand your difficulties, but in the eyes of the Fujian Chamber of Commerce, Douyin is just a small start-up company, and the financial support it can give is very limited."

"We, Shanhai Capital, are different. We may not be able to compare with SUG in terms of capital scale, but when it comes to the importance of this round of financing, it is definitely far superior to SUG."

Chen Heyu chuckled lightly, his tone affirmative.

"Thank you Mr. Chen for your trust."

Zhang Yiming nodded gratefully. A thousand gold is easy to get, but bole is hard to find. He remembers clearly the poor and poor situation in the initial stage of entrepreneurship. It was Shanhai Capital's 800 million funds that put him on the fast track.

Only then did Tiantian Toutiao 1.0 be born!
Only then did it attract the attention of the Fujian Chamber of Commerce!
It's just a matter of business, for the benefit of the company and future development, under the same conditions, he will choose Shanhai Capital.

But if the gap is too big, he can only turn to SUG Heiner.

"Mr. Chen, Mr. Zhou, let's advance to the conference room. Mr. Xu from SUG Haina will be here soon."

Zhang Yiming leads the way in front right.

Chen Heyu looked at the watch and thought to himself: "Sug Haina may just be interested in Douyin on a whim."

A few minutes before the start of the meeting, the other party arrived slowly. The man walking in front of him had a flat head and square face, a black suit with a checkered shirt, and his shiny leather shoes made a rhythmic "da da" sound.

"Mr. Chen, this is the managing partner of SUG Haina Capital, Xu Dong."

"President Xu, this is..."

Xu Dong interrupted Zhang Yiming forcefully, and then said with a smile: "Mr. Chen, I have admired your name for a long time. Sure enough, a hero is born as a boy. I was still studying when I was the same age as you. How can I know how to do business?"

"President Xu, you're being polite. I'm still studying now."

Chen Heyu replied with a smile.

"Although there are many students studying, few are as outstanding as you."

Xu Dong smiled, shook hands with him and continued: "Mr. Chen, Kangaroo Flash will send the next round of financing. You can also consider our SUG Haina. In addition to funds, we can also provide help in terms of contacts and business circle resources. "

"Thank you Mr. Xu for your favor. If there is a need for funds in the future, I will definitely consider SUG."

Chen Heyu casually said that Kangaroo Flash is now the only one, and the cash flow and profitability are very healthy. First, there is no shortage of funds, and second, there is no shortage of investors.

But the influence of the Fujian business circle should not be underestimated. Although he refused, he still showed sincerity and enthusiasm.

When Xu Dong saw this, he didn't take it seriously. He was able to lead a company from scratch, from weak to strong, in such a short period of time, and won the initiative in two rounds of financing by playing games with a group of old foxes. This kind of person How can it be simple?
Taking this opportunity to establish contact, gain the friendship and trust of the other party, and book Kangaroo Flash in advance for the next round of financing is more important to Xu Dong than investing in Zhang Yiming.

After all, in the eyes of venture capital institutions, Kangaroo Flash is already a fat meal, and Douyin is nothing more than shredded pork.

Then, the presentation officially began.

"Our team's core product, Tiantian Toutiao, has once been among the top ten downloads of cutting-edge software in the App Store since its launch in August, with an average daily active user of 10+ and daily new users of more than 5000..."

"Currently, the new strategy is mainly focused on two aspects:"

"The first is free resources. In this regard, daily new customers account for 70%, mainly relying on the built-in sharing function and article sharing function of the software..."

"The remaining 30% are mainly paid channels, focusing on APP Store advertisements, thousand-degree rankings, and BBS streaming advertisements..."

Zhang Yiming opened the PPT, stood in front of the projection screen, and confidently introduced the current company situation and product development progress.

"Mr. Zhang, have you made any achievements in content creation?"

Chen Heyu's question directly fell on him. Zhang Yiming didn't have enough money to buy traffic, so how could he be willing to spend money on content?
"Ahem, I will introduce the content at the end."

Zhang Yiming felt a little guilty. 100% of the graphics and text content in the software came from the Internet, and Toutiao played the role of distributing recommendations.

It seems that there is no problem, but because there is no original authorization, there are not only copyright disputes, but also possible regulatory penalties, which will have a negative impact on the company.

In the last life, Zhang Yiming only had extra funds to increase investment in content after receiving several rounds of financing.

Start the user-generated content plan and use real money to build content barriers for products.

Chen Heyu smiled, as long as the goal is achieved, he didn't break the casserole and ask the end.

"In this round of financing, the founder team's expected valuation of the company is 3 million yuan, and the maximum share transfer ratio is 10%."

Zhang Yiming finally said, and selectively ignored the content creation issues raised by Chen Heyu.

During the angel round, Shanhai Capital exchanged 800 million funds for 15% of the equity, with a valuation of 5300 million at the time.

Now, just an information app with a daily activity of [-], can it be worth this amount?
 Good evening, gentlemen~
  
 
(End of this chapter)

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