Internet 2010

Chapter 91: financing

Wang Qiangdong, a student at Guangnan University, took a part-time job last month and became an app promoter.

At first he was skeptical about the job. Can promoting mobile applications make money? Wang Qiangdong is really unheard of.

But Wang Qiangdong, who was in urgent need of money, finally gave it a try.

"Nah, nah! Interrupt! Shit, what is Dongzi playing. Can you be more professional when you paddle?" the roommate shouted anxiously.

And Wang Qiangdong can't, of course, it's not you who brought me to play games just kidding, I'm waiting for the salary text message.

"Ding!"

When Wang Qiangdong heard the voice, he felt excited, "Come here!"

"Dear user, your current mobile phone bill balance is 18.31 yuan, which is not enough to deduct the cost of this month's package. Please recharge before the 24th."

"Honey, Dongzi is still playing! Fucao, what does it mean to leave the keyboard with both hands."

Wang Qiangdong was impatient, why didn't he come, waiting for emergency help in Jianghu. What time is it.

"Grass. This Dream Valley promotion is not a liar, right?"

He groaned inwardly, feeling that things were going to go bad. And he also thought that sometimes the company will meet weekly, and the team leader will give them encouragement and teach them promotion skills. How to say, "Joining Dream Valley Promotion, a monthly income of 10,000 is not a dream..."

Wang Qiangdong felt a chill in his heart, and when he thought of other eager employees, he seemed to be asking, "I am a mother. I have been to the mobile phone stores around the university town this exam month. It's a big loss."

"Ding!"

"[ICBC] Dear Mr. Wang Qiangdong, your account ending in 2010 received 6,218 yuan at 14:00 on July 15, 2010. Summary: Pay wages on your behalf. Your current account balance is 6,220 yuan."

Wang Qiangdong saw that the balance increased from two yuan to more than 6,000, and his face turned from cloudy to sunny, "It's awesome, haha."

......

Beijing on July 21.

As soon as Lu Zhou got off the plane, he took a taxi to Dongcheng.

In the past one or two months, dozens of agencies have asked Luzhou about the advertising financing of Dream Valley. However, after listening to Lu Zhou's valuation intention, most institutions thought he was crazy.

In the current market, there are only three that can rank first, Menggu, 91 and Peadou. The Second Army is mostly a team that has followed suit since the emergence of Dream Valley. The most famous is Qihoo's 360 assistant, and then the creative workshop has supported a team called Application Exchange, and Anzhi, who has a delicate relationship with Shanda, also went online last month.

Most domestic capital institutions take Li Guanfu's operations seriously, "Lao Li is helping Wandou to find the A round. How can your classmate Lu, He De, get such a high valuation in the A round?"

Lu Zhou naturally didn't take them seriously. This financing is the same as falling in love.

After talking for a long time, let the other party know what kind of person you are, then you can hit it off, and if you can't even get past the initial impression, then there is probably nothing to talk about.

However, a few accepted the offer, but there were quite a few additional terms. Compared with the two, Luzhou finally decided to complete the financing of Dream Valley advertising through Lin Xinhe's DCM and Rebs.

This financing was put on the agenda due to the continuous promotion of Menggu Advertising. Now a large amount of cash flow of Menggu Advertising has to be invested in the promotion of the ground, and sooner or later other competitors will also join this craze. The money can't be too tight, and the financing is financing.

The reason for choosing to cooperate with Lin Xinhe is also very simple. First of all, Lin Xinhe contacted him personally and talked about some key points in detail.

So many VCs came to ask Lu Zhou, this is the only big guy who contacted him personally. The other party Zai Xinlang and DCM have been struggling in the pond of Huaxia Internet since their early years, so getting to know Lin Xinhe is only good and not bad.

As for Rebs, "Let's add the onion seedlings. Who makes DCM unwilling to fill up."

The preliminary verbal agreement between the three people has been reached. Dream Valley Advertising is valued at US$100 million, 10% of the shares are raised to 10 million, led by DCM with US$9 million, and Rebs with US$1 million.

The previous share capital structure of Menggu Advertising was very simple. At the earliest, Luzhou held 85%, Fang Qiang 10% and Phaeton 5%. With the expansion of the team, Luzhou takes 10% of his own shares as the future option pool, the 10% is held by Luzhou, and the remaining 75% is still owned by Luzhou.

Through the dilution of the A round, Luzhou's shares will also become 67.5%.

And Lu Zhou came to the capital today to make an appointment with Lin Xinhe and Rebs about the financing of Dream Valley Advertising.

The taxi traveled between the ring roads of the capital and finally arrived at the location of DCM on Chang'an Avenue.

Lu Zhou looked at the time, about an hour earlier than the agreed time.

After he got into the building, he came to the front desk, "Hello, I'm Lu Zhou. I'll meet Mr. Lin Xinhe at 3 o'clock this afternoon. Please confirm."

The girl at the front desk had her signature smile on her face, "Hello. Please wait a moment."

After dialing the internal number to get Lin Xinhe's approval, the girl led Lu Zhou into the company.

Throughout the DCM, there were not many people and many places were empty. Lu Zhou followed the front desk to Lin Xinhe's office, but to Lu Zhou's expectations, Rebs actually came in person.

Lu Zhou confirmed the Monkey King's deity with just one glance. He nodded slightly, "President Lin, President Lei."

Rebs saw that Lu Zhou had some life, and he also said with a smile, "The young man came early. I was thinking of coming early to communicate with Lao Lin."

When Lu Zhou heard that Rebs called Lin Xinhe, he also knew in his heart. It turned out that the two had known each other early, otherwise the million-dollar investment would not have caused Rebs to come over in person.

Lin Xinhe also greeted Lu Zhou, "Sit down. Talk slowly. Lao Lei is not here to pass the letter, Lu Zhou, take it easy."

When Rebs heard that Lin Xinhe broke his old bottom, he shook his finger and looked at Lin Xinhe with a smile.

Lin Xinhe didn't say anything, "Haha. That's not it. It's such a silly thing to let you Rebs come to DCM as a guest."

Rebs shook his head, it seemed that Lin Xinhe didn't accept the conditions he put forward.

"That's fine. I'll just say it straight. Lu Zhou, I have a suggestion for you to listen to. Talk about it if it's suitable, or if it's not."

Lu Zhoujing watched the "wrestling" between the two in less than half a minute, "President Lei, please speak."

"I have no objection to the financing of Dream Valley Advertising~www.readwn.com~. I can sign it today according to the initial discussions. As for the board of directors, I personally want to fight for a seat. Of course, my share capital is far If it's not enough, it's up to classmate Lu to give him a chance."

Lu Zhou watched Rebs calmly say this "sucked" thing, and his heart was also speechless. Do you really think I'm stupid? This onion seedling wants to rebel?

After this financing, Menggu Advertising will also set up a board of directors. According to the agreed minimum share capital ratio, Lu Zhou will occupy three seats, Fang Qiang will have one seat and DCM will have one seat.

The lead investor occupies a seat, which is almost a routine practice in the A round, and the introduction of DCM as a director of Dream Valley Advertising also has great benefits.

Since large capital institutions have infiltrated this field, the directors of the capital side can often provide legal, accounting, and financial assistance to startups.

And for Rebs, that's another way of saying it. The change from five seats to six seats means that Lu Zhou’s control will become weaker, and at the same time, the rice phone itself will not be a distribution channel in the future. This part of the business overlaps with Dream Valley advertising.

This Luzhou also understood why Lin Xinhe just had the meaning of "turning his face".

Lin Xinhe had contacted him before and knew that he was not a novice, so it was absolutely impossible to agree to Rebs' proposal. Naturally, Rebs can only share a seat with DCM to achieve this goal.

"Mr. Lei, why don't you talk to Mr. Lin. It's okay for the two of you to have a seat together. As for the transfer ratio, I don't plan to change it here."

"Old Lei, it's the same sentence, don't talk about it." Lin Xinhe stretched out his hand with a smile.

Rebs naturally smiled and didn't care, after all, the chances of it being possible were almost zero.

But he was also secretly scolding his investment manager, "Get started early! Follow the investment."

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