Yangcheng.
A valuable Western meal and a bottle of red wine worth six figures. Guan Jinyue raised her wine glass and touched it lightly with the wine glasses of Nanli Wang Song and his wife.
The crisp sound of glass clinking stirred up the bright red wine in the glass.
"cheers."
“Today, I can eat caviar and matsutake mushrooms and I will be full.”
The joyful mood makes everyone unwilling to restrain their emotions. Why bother? After working hard all year round, what about a little indulgence today? Shouldn't we indulge in such a joyful day?
After the live broadcast economy suddenly opened up the wealth flow code, 'play more' became valuable and capital poured in. SoftBank ultimately failed to become the winner of this round. Rebus took on part of the firepower for Wei Tao, leaving Sun Part of Zhengyi's anger was directed at Duo Wan.
There began to be some bad news about Duowan from the outside, and it was already a clear plan on the table. If you and I are not partners, we are potential enemies. Capital will not get benefits, and the projects I am optimistic about will not get benefits. To, whoever gets it is my enemy.
For the projects I am optimistic about, I should make the money. This is the confidence of top capital.
However, top capital is not the same. Is Rebus afraid of you, Sun Zhengyi?
The well-known international investment institution led the investment this time, and the 20% equity ratio provided by Duowan was 15%. The capital represented by Liu Qin acted as the main follow-up investor this time to ensure that his own shareholding ratio was 20%. It was diluted to 16%, followed by another 5% investment, raising it to 21%.
Guan Jinyue secured the last valuation discount from the original investors for Wei Tao, and also participated in some investments, diluting her proportion from 17% to 15%. For this reason, she also signed some supplementary agreements on behalf of Wei Tao to carry out these equity investments. The corresponding restrictions have been imposed, and even if he refinances in the future, he must accept the corresponding proportional dilution and is not allowed to make additional investments. Generally speaking, in this round of financing, Wei Tao, as the original investor, recognized his status as the big winner, but outsiders did not recognize it without knowing it. Those who knew a little bit did not feel that he had taken much advantage.
In the end, only 1% of the company's shares originally reserved for technology were left. Lei, Li and Wei Tao claimed this part of the equity and used money to make these poor brothers get rich first.
By this time, every inch after the decimal point is a matter of competition. The original founding team left, leaving the following technical team with a very low voice in the company. They are not qualified to directly control the previous 3% of technology stocks, so they can only Treat it as a reward waiting to be distributed in the future. Now that a few senior executives want to use it, it is reasonable to keep 1% and give some cash rewards to the company's initial technical backbone and veteran employees.
This round of financing is valued at US$600 million. Every little bit is enough to change everyone's destiny. Lei and Li continue to maintain a synchronized shareholding ratio, each holding 24% of the shares, ensuring their absolute The core position, and this result also gives everyone a full understanding of the future development of 'Duowan'. If you don't get on the bus this time, I'm afraid there will be no chance.
With this financing of over 100 million U.S. dollars, Duowan will not be short of money for a long time to come. This also means that once Duowan finalizes the final result, not only the media attention will decline, but the capital will also be lost. They left the scene one after another, as far away as they could.
Because in their eyes, 'Duowan' no longer has any value. The valuation of the B-round financing is so high. Even if it is a gold mountain, it is a gold mountain that will be mined after it has an owner, not the kind of gold that has just been mined. Only then did the sharp corners of the gold mine appear.
I didn't get a chance to get on the bus, so I turned around and commented on 'Duoyuan': "It's too high. It's not that Waiwai cannot be copied."
If I can't get it, then I don't want it to be good. If a few words can ruin it, I'm happy to see the joke.
Guan Jinyue could celebrate with Nan Li and Wang Song, but Rebus and Li Xueling had no time to celebrate. They took the money and spent heavily on the hardware and software facilities required for the entire platform to ensure that Waiwai Voice could run during the operation. , maintaining the stability of giving users a good experience.
Guan Jinyue and the three of them just got together and had a big meal. After this meal, they still need to devote their energy to work. Today, Nan Li no longer resists working under Wei Tao, but takes the initiative to take responsibility. When Guan Jinyue is not here for a long time, she will act as a representative, even if she does not directly participate in meetings. , will also get the corresponding meeting materials as soon as possible and send them to Guan Jinyue and Wei Tao to ensure that they, as shareholders of the company, can receive the information smoothly and quickly.
In the hotel room, she was drinking alone in front of the floor-to-ceiling window, holding a glass of wine. Outside the window was the beautiful night view of Yangcheng, with busy traffic and flashing neon lights. She picked up the glass and drank it all in one gulp. Guan Jinyue's eyes showed a hint of drunkenness, and she turned around and lay on the bed. He murmured a word, slowly closed his eyes, and immersed himself in the feeling of being slightly tipsy. It was hard to sleep alone at night.
"If you win the championship, I won't be too bad either."
Guan Jinyue knew that Nan Li might not understand, and Wang Song certainly didn't understand why she had to sign those supplementary agreements on behalf of Wei Tao. She obviously suffered a loss, so why should she celebrate? Overall, we did not take advantage of this financing process.
Because she understands Wei Tao and knows what the other person really thinks.
'Duowan' is not a business, it is not an incubation project that has put a lot of effort into it. It is just a venture investment. Maximizing profits is what Wei Tao wants in his heart.
So in order to gain more benefits this time, and to prevent Wei Tao from becoming a thorn in the side of Rebus and Li Xueliang, she signed the supplementary agreement on behalf of Wei Tao. In the future, they will no longer participate in the investment and give up all voting rights on shareholdings. If there is any future financing, a certain degree of cash will be needed to maintain the balance of equity. Lei and Li have the right of priority to repurchase.
………………
No. 1 Anshun Street.
In the master bedroom on the seventh floor, Wei Tao, who had just come out of the shower in his nightgown, looked at the copy of the supplementary agreement in his computer mailbox. He didn't have much taste for red wine, but he was okay with sparkling wine.
With a glass of ice sprite, he sat on a chair by the window with his legs crossed. He didn't understand and had no interest in the cigars given by others, but he occasionally lit one, and the unique fragrance wafted out, and he didn't resist.
Facing the supplementary agreement, he thought of Duowan's current valuation, which meant that he didn't need any money at the moment, otherwise he wouldn't mind cashing out everything now. This Li Xueling is indeed not a broad-minded person. If Rebus hadn't been the mediator, it might have been difficult for the two of them to cooperate now.
Obviously in order to win over himself, he was willing to prevent capital from SoftBank from entering forcefully, and he was willing to dilute his shares less. However, he regretted it at the critical moment. Who could he show his face to? Do you really think I don’t dare to pull out all the stops and give you a knife in the back?
The phone rang. Wei Tao smiled when he looked at the name reserved in the phone book. Look, it had to be Rebus. The difference was just a difference.
He took a sip of ice sprite, burped, and answered Rebus' call.
"Before the IPO, unless we encounter special funding needs, we will not raise funds again."
"Waiwai's voice is only of this size." Wei Taodao didn't reveal the secret out of spite. He knew that the other party thought so too.
A project that will be worth billions of dollars in the future. Compared with the initial angel investment, the multiple will be enough to satisfy any investor and investment institution in the world. There is no doubt that Duowan is successful. But the outside world said that it was the second penguin, which was flattering, so Li Xueliang would be arrogant and thought that this was the goal of an idealist.
It was difficult for Rebus to attack him, and Wei Tao had no identity to speak to. He did not have much contact with Li Xueliang, but the relationship between them changed many times. Everyone was worried about Rebus's dignity, and many others were worried about it. Don't force yourself to speak from your own standpoint.
Rebus's laughing voice came, obviously not intending to answer this question, nor did he want to continue this topic: "Have you looked at that rotten Apple company in Eagle Sauce Country?"
Both Android and Apple are available. 】
Wei Tao sat upright in the comfortable chair, concealing the excitement in his voice: "Have you decided?"
Rebus: "Let's try it first. Do you want to come in and have some fun? Let's talk about it first. The money you threw in may be wasted."
Wei Tao: "If I say I have confidence in you, will you think I'm flattering you?"
Rebus laughed: "The key point is that I just have an idea. I have no confidence. Huawei has not made it yet. Apple is still exploring. This is how we make preparations in advance."
Wei Tao smiled and said, "I have so much money now that I have nowhere to put it."
"Haha, okay, if you really want to explore, I'll bring you one. There is a stupid Mr. Wei with a lot of money, so we don't have to throw our money into it. Invest it in other blades, don't spend it on things that are not accurate. On the back of the knife.”
It's just a joke. Wei Tao is not worried at all. Even if Rebus no longer has confidence, once a project is launched, even if it is only in the early stages, he will not maliciously remove this part of the cost from the initial project start-up funds. Lose.
Spend it, it doesn’t matter if you do preliminary research for a year or two, and it doesn’t matter if you spend money. If it really costs 18 million US dollars, I will be happy, otherwise I will have to worry about what Rebus can give me in the initial angel round. How much share is set aside?
………………
A smoky environment and noisy voices.
The smoke has permeated the environment so much that it affects the view. When you lift your nose and smell it, non-smokers enter this environment rashly. Choking and coughing is a basic operation.
Chen Biao, Yu Shuangxi, and Lao Song, the latter presents a desperate image at the poker table. There is no need to pretend. Lao Song only needs to bring out his self half a year ago to perfectly present this image.
When he was at the table, he looked like he was desperate to lose. He was blushing and thick-necked, and he was ruthless in his attacks. He basically didn't look at the cards because he was bored. Some people were bored with him. Three thousand or two thousand, he didn't even look at the cards. Typical of that. He looks like a loser in gambling.
Chen Biao was holding a cigarette in his mouth, and he looked young and energetic, looking like he loved everyone. He would say a few words during the game, asking everyone to obey the rules, and no one should touch the cards on the table.
"Don't move around. Just leave the boring card there. If you touch the card with your hand, you can read it."
Yu Shuangxi's image as an honest person was scolded, but he just said "oh" and quickly took back his hand.
Chen Biao looked sideways at the man and woman sitting across from him. The man was thirty-four or five years old and looked very energetic. I saw it when he came here. He was tall. Even though the woman wore heavy makeup, she couldn't hide her appearance. The fact is that the man is much older, so he has been sitting next to him and playing with him.
"Brother, be careful when you put money out, be slow and don't throw it away."