City: No One Understands Finance Better Than Me

Chu Ge, "What's up with Douyin's short video project? I'm going to get in touch with their project leader!"

Chu Ge called the intelligence officer directly and asked him to arrange contact. He wanted to meet with the creator of Douyin's short video.

This investment, Chu Ge has always been at a stage of exclusion, including saying that the intelligence officer has probably collected all this information, but it has not been handed over to Chu Ge to see Chu Ge.

For the control of these short videos, it has always been in a stage of disgust.

He doesn't think these videos can make a big profit, and based on the current video situation, he still doesn't think these videos are in a good stage of development.

But unlike Chopsticks, the items covered in the Douyin short video and the rich page and operation experience are better than the Chopsticks short video, I don't know too much.

The overall control looks more like an optimization of the short video APP.

And this optimized experience made Chu Ge feel that Yixin only operated for more than 5 minutes, and he felt that it was indeed much better than the feeling that the chopsticks gave him.

Chu Ge told the trick in his heart, and after he came out, he ordered the intelligence officer to find out the file of the funny video.

"The bosses are in the capital now, and the founders are negotiating with Sequoia Capital, and they also want to seek investment~"!"

"According to the information we have collected, they can give up 30% of the shares if they want to reach the investment quota, but the investment capital must be more than 100 million! 39

Chu Ge nodded and said that there was no big problem, "What did Sequoia Capital say, Xu Ping must be hesitating again!

"He is really considering the wait-and-see stage. Xu Ping believes that the sudden emergence of this short video project has already caused aesthetic fatigue, and it has the same effect as chopsticks.

"He doesn't think Douyin can achieve such a big breakthrough.

This will be in a wait-and-see attitude, and the funds in hand are not very willing, and I want to vote for Douyin. "

After listening to these remarks, Chu Ge said that there was no big problem with these things. He returned to the magic capital and met Zhang Yiming, the founder of Douyin.

Zhang Yiming said excitedly to Chu Ge after seeing Chu Ge.

"I have always maintained a very good impression of Prophet Investment Bank, and if Prophet's peers can invest in us, we can abandon Sequoia Capital.

Chu Ge maintained a good wait-and-see attitude towards Zhang Yiming's excitement.

"The short music video has only 15 seconds of experience, so that everyone can experience different music creations in the process of 15 seconds, and maintain a strong degree of activity, which is indeed incomparable between Douyin and chopsticks. place!"

Chu Ge pointed out to Zhang Yiming, his intuitive feeling about Douyin.

Xu Ping has been comparing the difference between the two.

However, it was unable to grasp the essential difference between the two, which led to a misjudgment of Douyin by Sequoia Capital.

Sequoia Capital has always believed that this is just a similar APP software, but a different approach, using music playback and improvisation.

In this regard, there is no difference in the overall process, and the advantage of Douyin short video cannot be seen in this.

It is precisely because of this appearance that Xu Ping has a wait-and-see attitude towards this aspect.

The excitement expressed by Zhang Yiming is also his ill-spoken performance as a straight man in science and technology.

As a science and engineering major, he also invests and preaches, and he hits the nail on the head every time. It is even more straightforward that there is no so-called romance. Perhaps the feeling of a straight man is to hit the nail on the head.

Zhang Yiming's boldness really made Chu Ge feel bright.

Zhang Yiming may really be a good partner for him, but Chu Ge still elaborates on the views expressed by the overall Douyin one by one.

'I can provide you 500 million funds for the first round of financing, and I can make more investment in the follow-up, but I want to know how you plan to use this part of the traffic to realize the cash!"5

Zhang Yiming did not expect that Chu Ge would be the same as him, and he simply took out (Li Haohao) his own plan and the follow-up development plan, and handed it over to Chu Ge.

Chu Ge looked at the hundreds of pages of documents, and he simply flipped through it at this moment, and saw the follow-up implementation plan.

"We can cooperate, and the first batch of funds will be sent to you within 15 working days, the first batch of funds will be about 100 million within 5 months, and all 500 million funds will be paid. to your account!"

"But I want to own 35% of the shares.

"I know that you and your partner each own 30% of the shares, and the remaining 5% can be distributed as an incentive."