My Fintech Empire

Sure enough, Mr. Zhang also bluntly replied: "I talked with Mr. Liang all night before, and the decision to dissolve the company was also prompted by this. Qunxing Capital has responded to the short video track. In a sense, this track's Even Fang Hong recognized the prospect, which shows that my judgment was correct and that I was right to bet on the general direction of the short video track."

The investor from DST-Global nodded: "This is quite insightful."

Mr. Zhang continued: "I just told you the reason for disbanding the company. Facing a super giant like Qunxingxing, there is a fast player next door eyeing it. There is a high probability that we will not have a chance to break through in the mainland market, so I discussed with Mr. Liang, Quickly cut the knot and dissolve the mainland company, immediately go overseas and start a new business, go to places where the influence of the galaxy cannot be radiated, so that you don’t have to face this behemoth. From the current point of view, European and American Internet giants are not interested in the short video track. Or we haven’t reacted yet, but this is our opportunity.”

It turned out that this was the case, and the investors of DST-Global suddenly realized that it was no wonder that Liang would always give him the full scoop.

At this time, Mr. Zhang said: "I will announce the dissolution of the company in two days. Your previous investment equity will be valued at 97.93 million yuan. Within half a month, I will transfer the money to your designated account and let you complete the divestment."

The investors of DST-Global were once again surprised when they heard this. Withdrawing their capital at this converted price, not only did they not lose money, but they also made a small profit of more than 10 million, which is a loss of time cost. It would be great if another person could recover half of the cost. Not bad.

But he was even more surprised by Mr. Liang's operation. Judging from the level of support, he was very optimistic about Mr. Zhang.

After a while, the investor from DST-Global immediately made a decision in his mind, and immediately called back with a smile and pretended to be dissatisfied: "I said, Lao Zhang, can a business that makes a sure profit without losing money still be called a venture capital investment? People who don’t know think that DST can’t afford to lose? You don’t want to call me for this money, and I don’t want it even if you call me!”

They are all smart people, and they are all good people. They all understand some things without saying them too straightforwardly, and if they are said too straightforwardly, they are not beautiful.

Of course Mr. Zhang knew what he meant. He said firmly that he didn’t want it, so he really didn’t want to pay a penny? Obviously you can't do this, but you really can't send the money over, because they already know what they mean, don't you want to go overseas and start a business again? You don’t need to call the money, you just calculate the price and invest in the company you start overseas.

To prompt the investors of DST-Global to make such a decision, Mr. Liang had to pay attention to his support. Taking money directly was of little significance. If Mr. Zhang went overseas and became a big success, he would lose money to his grandma's family.

What's more, with Mr. Liang's support, and Mr. Zhang's move to dissolve the company, even if he fails to start a business overseas in the future, he will not lose all his money. After all, Mr. Zhang's courageous operation to accept responsibility It is very popular among investors in the capital circle, and intangible credit has been improved.

If the situation were different, even Mr. Liang, who supported him, would have run away with the bucket. He would definitely send people to pursue the case as soon as possible. It would be impossible for him to have the upright and awe-inspiring attitude he has now. Capital would turn its back and be ruthless. A matter of minutes.

Finally, Mr. Zhang called back and said: "Otherwise..."

Mr. Zhang suggested on the spot that DST use the money to invest in a new start-up company that he was about to go overseas to start a new business, and rounded up 100 million to finance the new start-up company.

In response, the investors of DST-Global got the reply they wanted, and this was a natural outcome.

The two chatted for a while and then ended the phone call successfully. Mr. Zhang immediately called other investors. As a result, the previous investors were surprisingly unanimous in not wanting the money, did not mention the withdrawal of capital, and invested in him again at a discount. of new startups will also invest an additional amount in the new round of financing.

They are all human beings, and only fools will actually take money. If nothing else, having Mr. Liang support him so strongly shows something in itself.

How can one do VC without some risks? What's more, what Mr. Zhang said makes sense. The track that All Stars Capital attaches great importance to also shows that the future is promising. Mr. Zhang's failure in the country is just because his opponents are too strong. If you win this deal, you will make a lot of money.

Therefore, after some weighing, these investors decisively chose to follow the company, which not only gave Mr. Zhang some face, but also had potential expectations of high returns in the future. It was not difficult to make the choice.

Mr. Zhang's dissolution of the company was brought about by a happy situation, which is also relatively rare. Normally, this kind of thing often results in constant disputes and even goes to court. This kind of thing is not uncommon.

This happy situation is also reflected in the fact that although Mr. Zhang disbanded the company, the vast majority of employees still stayed. The core team members did not disband with the company, but signed contracts with the new company.

Mr. Zhang was very encouraged by the smooth and rapid transition, and the aftermath was handled perfectly, which was a good start for going overseas.

With the support of various investors, Mr. Zhang’s new start-up company has already locked in US$100 million in Series A financing in advance before it has been registered, skipping the angel round of financing. Mr. Zhang is also working hard in the following days. son, focusing all his energy on moving to overseas markets.

…

The time comes for Wednesday, December 16th.

At about 16:00 in the afternoon, an outsider came to the Jingxinju Villa. It was Yu Chenliang. He came to Fang Hong's private residence in a formal suit and leather shoes. Along the way, he knew very well that he could come to the Big Boss's private residence to meet him. The level of treatment of the people they meet is only qualified by the first-rate bosses in the galaxy such as Qin Feng, Xu Jingren, and Chen Yu.

Yu Chenliang appears calm and calm on the surface, but he is actually very excited inside now. Not many people in the entire galaxy can enjoy this kind of treatment. Being able to come here to meet the big BOSS is an extremely important thing that needs to be reused. A strong signal, of course he knew this.

But at this moment, Lin Yun took Yu Chenliang into the villa, took him to the living room on the first floor, and left. There was only one person sitting on the sofa in the living room, and it was Fang Hong.

"sit down."

Hearing the calm voice from the big boss, Yu Chenliang immediately responded and sat down. This was the first time he had such close contact with the legendary founder of Star Capital offline. Although he was much older than him, At this moment, the big BOSS's superior aura makes him quite cautious. This has nothing to do with age or seniority.

Fang Hong didn't pay attention to this, and immediately said: "It has been half a month since Douyin was launched, and it has started very well, but this is due to the support of the resources of the entire galaxy. A good start is what it should be. But the birth of good products It doesn’t happen overnight. It requires a lot of polishing in the early, middle and late stages, so the overall team strategy is very important. I’ll hand over the short video section to you, tell me your plan.”

Hearing this, Yu Chenliang nodded quickly, and immediately took out a document from the briefcase he brought with him. This was a strategic plan for the development of Douyin that he had drafted. Today, he made a report to the big BOSS in person for this purpose. With this meeting.

…