Rebirth: From Cottage To Big Money

Zhang Yiming is having a meeting overnight!

The slow hand company also had meetings overnight. Unlike Zhang Yiming, the slow hand here did not hold a meeting in the technical department, let alone call people from the technical department, and insisted on saying something. That is to say, the manager of the technical department participated in the meeting, but the manager of a technical department has actually gone beyond the scope of technical personnel, but is an executive of a company.

The content of the two meetings is also very different, the slower side is more in operation.

"There is a big fire on short video apps, which is already predictable, at least in terms of speeding up and reducing fees, it is foreseeable."

Su Hua's background is extraordinary. He is a graduate of two prestigious schools in China. After graduation, he worked for many giant companies, such as Gouge, Qiandu, etc., and then he ran out to start his own business. Both entrepreneurs ended in failure, and the slow hand was already the third entrepreneurial venture, and when they first started their business, they almost ended in failure, because they were doing GIF animations at the time. The situation is not as good as imagined.

If it weren’t for the fact that he didn’t look right and made a decisive transition from GIF to short video, there might not be a slow company, and they would encounter a lot of difficulties during the transition. It has just been transformed and new technologies need to be funded. If there is no financial support, how can they make it through?

Perhaps with his personal ability, he can get a certain amount of investment, but he will definitely not be as successful as he is today.

And there is only one reason for success, that is, when they were preparing to transform to make short videos, Longyue Ventures came to it. If you want to be more accurate, it is not Longyue Ventures that came to the door, but that he was lacking at the time. Capital, and Longyue Ventures has also invested in many Internet companies, and has also shown a lot of limelight in the venture capital industry. He took the initiative to ask about it.

I asked Longyue Ventures if he was interested in investing in his company, but I never expected that Longyue Ventures agreed in one breath. The agreement was very simple. Up to now, this is still a mystery.

You need to know that venture capital companies are very rigorous in doing things. He went to the door and just asked about it. It turned out to be good. People didn't say anything, only the name of the company, and then agreed to invest. Nothing else. This is very unreasonable. If he weren't at the headquarters of Longyue Ventures, he would have doubted whether he had encountered a liar.

Only he did not know that the investment project of the slow-handed company was set up in Longyue Venture Capital as early as, or it was named by An Ran himself. The internal evaluation has been carried out long ago, and many investigations have been carried out. All things are After I figured it out, it was almost a matter of sending a team to contact with it. It turned out to be good. You came to the door by yourself. Naturally, there is nothing more to say, that is, the investment is saved and a lot of things are saved.

So I know this mystery.

"Now our development prospects are very good!"

The company’s operations director is full of confidence, and the company is indeed very good. Their operations department even made an estimate: “The department has conducted a series of evaluations, plus the current speed increase and fee reduction. We are confident and confident. We will wait until next year’s At that time, to achieve 300 million users, user activity will not be less than 50 million, or even higher. It is not impossible to reach 80 million. It is very difficult to achieve 100 million active users. "

"Currently the active users and the ratio of registered users are about 5:1, that is, there are 5 registered users and 100 million active users. This has fully demonstrated that our viscosity is very good. With this wave of speed increase and fee reduction, I believe it can usher in a wave of big increases. Of course, if the company has some bigger moves, it is best, and it can even make better results. For example, by next year, the registration volume will reach 500 million or 600 million, and the number of registrations will exceed 100 million?" There is something in the words of the operations director.

"I know what Director Lin means."

Su Hua smiled bitterly, his old subordinates, old partners, how can they not know, but the words are somewhat tactful: "Everyone knows that our company has some lack of funds. It should be said that the previous financing has been burnt. It’s a lot of money. Originally, at the end of last year, a new round of financing was launched. We and you know it too, but it has been delayed until now and it has not been finalized. The reason why this happened, I I think you know it too."

"President Su... We all know that, in fact, in this regard, we don't have to avoid it at all!"

The vice president also gave a wry smile. He is one of the founders' team, and he also holds a certain amount of shares in the company. It is the original stock type. He has great power. He also has his own interests, that is, he does not hold that many shares. , After all, there is still less right to speak: “People in the industry know that Longyue Ventures does not value the right to vote. Or perhaps, they value the right to vote, but they have more They are still entrusted to the founder team, and they hold the voting rights. In fact, they are more to prevent some accidents from happening, and then the founder team is taking the company's way astray."

"They are really just a pure investment company. They have no interest in the operation of the company and the struggle for power. They are very pure. As long as we don't make some major mistakes, I believe the problem is not very big. If you find them for financing, or this round of financing, can they lead the investment?" The vice president finally asked tentatively.

It is not without reason why the new round of financing has been delayed until now.

The reason lies in Longyue Ventures. They are not entirely trying to leave Longyue Ventures. In this round of financing plans, there is also Longyue Ventures. The difference is that Longyue Ventures has become With the investment, the share that can be released is not very large, and Longyue Ventures has no problem, and it does not say that it needs more.

However, there is no problem with Longyue Ventures. This time, the other venture capital companies that led the investment and the other venture capital companies that followed the investment have problems.

They want a bigger share, and can't give them a bigger share, they quit.

The bottom line of the previous negotiations has reached the need to give up all the shares of Longyue Ventures to satisfy the three venture capital companies. Doesn't this mean that you want to kick Longyue Ventures out of the game?

Things can't be done like this!

Standing on their founder team, there is nothing wrong with doing so, but given the reputation of Longyue Ventures and the fact that they never interfere with internal operations, they kick people out of the game and completely ignore them. From the conscience and morality, it is very difficult to live. , Let alone a non-interference operation of Longyue Ventures, is the venture capital company that the founder team welcomes.

…….

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