Rebirth: I don’t want to be a leek anymore

Su Zhe nodded and said: "I agree with your judgment, you will follow this case personally, and you must solve it within two months, you also said that the valuation is very high now, and it will be better in the future, which means that time will make the cost rise quickly." In order to facilitate this investment, I authorize you to invest in this case by 30% of the valuation, with a target of 10%, and if it cannot be reached, try to invest as much as possible. "

This task is very arduous, Byte has already passed the E round, the current shareholder structure is complex, and the lowest grade are domestic investment funds, and there is no shortage of international consortia.

But Meng Wanqing won't talk to the president about difficulties, she is the head of the department, she talks about difficulties, do you want Su Zhe to solve the troubles? If so, she doesn't deserve such a high salary.

She moved very quickly, and when she returned to her office, she immediately began to contact her personal connections, and found a way to reach the top management of Bytes, and even President Zhang Ming.

He used to work at Goldman Sachs and also has certain connections in the investment circle. Byte has reached the E round, and many domestic funds have invested, including many people who know Meng Wanqing.

Soon she got the contact information of one of Byte's vice presidents in charge of financing through a friend.

Instead of making a direct call, she started editing text messages.

"Hello, Mr. Zhou, take the liberty of interrupting. I am Meng Wanqing, Senior Investment Director of Goldman Sachs Asia Pacific, and I want to discuss investment matters with your company, I don't know when it is convenient for you, I will call you.

Meng Wanqing didn't say that she had jumped to Jiushen, because now the name Jiushen is not famous at all. There is a high probability that bytes that are not short of investment will not be ignored. If a technology company does not lack investment, it will only accept investment with resources. For example, international investment banks can help you list overseas and open up local government relations. And domestic companies like Ali Jingdong have no shortage of second-generation figures in the investment funds behind them. It's just that many ordinary people don't know.

The text message was quickly replied, and Mr. Zhou said that he could talk to her at three o'clock.

It is impossible for any technology company in the world to refuse to talk to Goldman Sachs, even if it does not need financing, but it will not be offended, because there is no need to offend such a hugely influential international investment bank.

At three o'clock in the afternoon, Meng Wanqing dialed the phone number of Vice President Byte Zhou on time.

"Hello, Mr. Zhou, I'm Meng Wanqing."

"Hello Director Meng, I'm Zhou Zifeng."

"I'm glad to be on the phone with you, I wonder if I can make an appointment to visit Mr. Zhou?"

"We have just rounded E, and we have no financing plan for the time being."

"I know this, Byte raised $2 billion in the last round, and there is no shortage of money at present. However, the short video track is now very optimistic. I got internal information that Tencent is about to focus on entering this field, and the launch is a subsidy of 1.5 billion. You also know that Tencent's own drainage ability is very strong, if you add money to subsidize users. This trick will cause the short video track to enter the state of burning money between Kuaidi and Didi back then, burning 50 million a day that year, and now it has been 18 years, and you can't burn more than 100 million a day? I wonder, how much of your $2 billion budget can be set aside for the subsidy war? "

The other side is silent, Meng Wanqing won't come up with you to talk about valuation, talk about premium. Beat you up first, that's her strategy.

Although Tencent also invests in short videos, it is not a strategic focus, and the investment is insufficient, which gives Funny a huge space for development. Finally, when the scale effect and user Xi are cultivated, Tencent can't catch up if it wants to.

And technically, comic has a powerful algorithm ability and a push mechanism. It's not like you can catch up in a day or two, you have money, but the comics in the back are not short of money. And hollowed out Baidu's algorithm department, and the top batch of algorithm engineers in China were basically mined to bytes.

But at this point in time, although commas have taken off, they have not yet reached the era of national comics. If Tencent enters the war at this time and invests a large amount of resources, Byte will feel huge competitive pressure. Then cash reserves will be extremely important, and this is the core negotiation strategy that Meng Wanqing has thought of in a short period of time.

Seeing that the other party was silent, Meng Wanqing continued to press the code, she said: "If the subsidy war starts, Tea's current sharing strategy will be completely blocked by Tencent." They will not let any links on WeChat and QQ appear to be funny. It can also be labeled as a virus or risk. You should understand that I'm not alarmist, you know them better than I should know, and they will! So do you guys really think $2 billion in cash reserves is safe enough? There was

a long silence again, but this time, Meng Wanqing did not continue to speak.

Finally, Zhou Zifeng spoke: "Thank you Director Meng for the reminder, I will report to Mr. Zhang." If you have time tomorrow, come to Kyoto and let's meet and talk.

Meng Wanqing, who had been tense, finally showed a smile on the corner of her mouth at this moment. She replied quietly: "Okay, I will book a ticket for tomorrow morning, the specific time, please notify me by text message after Mr. Zhou arranges it." Looking forward to seeing you. "

Okay, Director Meng, let's meet."

After hanging up the phone, Meng Wanqing exhaled a long breath, and the seemingly relaxed conversation, in fact, she was not too sure.

Jiushen Investment is just starting out and has no reputation. There is only money, but the last thing that the investment world lacks is money. In addition to money, resources, relationships, and influence are what unicorn companies like Byte care about. They want you to empower them, not just money.

Fortunately, the first step was successful, as long as the other party is willing to meet, then there is hope.

Meng Wanqing sorted out her thoughts and quickly calmed down, she still had a lot of work to do. Refine the analysis bytes and strive to find more pain points. Then for Zhou Zifeng, she has to investigate carefully.

She quickly gathered her team and began a conference analysis of the battle. No one should think about leaving work tonight, and everyone will work overtime to prepare for tomorrow's meeting.

At this time, in Su Zhe's office, he was chatting with Li Hezhen.

"President Su, you can, it's too fan." Vice President Li gave a thumbs up and exaggerated.

Su Zhe waved his hand shyly and said: "Come on, I'm also stiff, the company is open, what can I do, follow the TV series to learn, and draw a scoop according to the gourd."

Li Hezhen began to play treasure, stood up, and said with a serious face: "Then I will also officially report to the president, some time ago, I listened to your instructions to use 20% of the position to do T, and made a total profit of 7.8 billion." After the policy came out, I locked my position.

Su Zhe frowned cooperatively, and crossed his hands on the wide desk. Then he said, "Hmm... Vice President Li, he did a good job. Worthy of my trust in you, I hope you will make persistent efforts and create more brilliance. "