Vol 2 Chapter 185 financing
After Wan Yan and Shen Nanpeng finished their meal, they drove back to the hotel outside the main campus of Fudan University. Wan Jianfeng, the general manager of Thunder Entertainment; and his good friends, you sister Yin Youyue who returned from studying in the UK, and Lan sister Yu Lan, who has a strong background in Beijing and has a well-known and ladylike temperament, are waiting for him.
Yin Youyue is tall and tall, about 171, elegant and picturesque, with long hair fluttering, and asked with concern: “Xiaoyan, how is the situation?”
Wan Yan is 20 years old this year, 1.83 meters tall and handsome. He is from Haizhou, his father is a civil servant, and his mother is a businessman, all of which are considered successful in the local city. So, he was able to come up with a thunderous entertainment when he was in college.
Wan Yan shook his head gently, sat on the sofa in the living room, and said in a depressed mood: “Sister You, President Shen suggested that I bow my head to Dragon Ball Live and seek cooperation. Otherwise, Thunder Entertainment’s valuation will continue to decrease. , Huya cannot surpass Dragon Ball Live.
With the development of the Dragon Ball live game business, they will surpass yy, and 9518 will become the platform with the largest number of daily active users. According to the logic of the current Internet industry, even if it does not make money, as long as it has daily life and scale, then this company is valuable. ”
Yin Youyue frowned slightly. ,
Wan Jianfeng rubbed his face.
The famous lady Yu Lan said: “Xiaoyan, don’t listen to him. You do what you want. We all support you!”
Wan Yan said with a wry smile: “Sister Lan, I think President Shen’s subtext is probably that if I don’t cooperate with Dragon Ball Live, Hongbin China will not help endorse the valuation of Thunder Entertainment!”
His company has yet to raise money.
The valuation is an evaluation that Hongbin China helped to carry out, and the financial circle in the magic capital also recognizes the evaluation report of Hongbin China.
With that said, Wan Yan sighed softly, “I still find a chance to chat with that Boss Cao. To be honest, if he changes the target of poaching from Liujianfang to Thunder Entertainment, my company may collapse directly. !”
The female anchors of Thunder Entertainment are good-looking, skilled in business, and have done a good job on major live broadcast platforms. But to say that they don’t aspire to be actors, do you think it’s possible? I’m afraid it’s a swarm to run. Moreover, as a brokerage company, his deterrent power to female anchors is far less than that of the platform! The platform can be settled by card income.
Yin Youyue thought about it and said, “Xiaoyan, I know Cao Su’s assistant Leng Yutong, and look back to see if there is any chance in the past two days.”
“Sister You, thank you!”
Yin Youyue laughed and shook hands with him, “You’re welcome!”
Yu Lan didn’t show her inner emotions on her face.
…
…
When you go to a city, you should first stay in a hotel, preferably a presidential suite, so that there is a service team to ensure logistics. Then go to work. Cao Su was already familiar with such a set of procedures and was a little numb.
Therefore, on the evening of the 9th, Song Jingying and the others were taken care of, and the contract was signed the next morning.
The signing ceremony of financing was held by Cao Su in the multi-functional conference room on the 3rd floor of Shangri-La Hotel on the Bund. A total of three venture capitalists participated in the A round of financing: Hongbin China, Hillhouse Capital, and Jinshajiang Venture Capital.
There was no media present, all Dragon Ball Live and the staff of the three VCs were taking pictures and taking pictures.
Cao Su sat at the rectangular conference table, picked up a pen, and signed the financing contract that had been reviewed and confirmed by multiple lawyers. With the help of the financial staff, he signed his name one by one!
He suddenly understands why some bosses have to retire the company’s legal representative when they retire. Otherwise, the workload of this signature is terrible! I heard that some state-owned enterprises let young people be their legal representatives in order to facilitate the signing.
Shen Nanpeng from Hongbin China, Zhang Lei from Hillhouse Capital, and Zhu Xiaohuo from Jinshajiang Venture Capital signed the agreement.
The subordinates are by the side, ensuring the smooth signing process of the bosses.
“Mr. Cao, congratulations!” Shen Nanpeng put down the pen and shook hands with Cao Su.
Cao Su smiled and shook hands with him: “Mr. Shen, it’s a pleasure to cooperate!” This is the second time he has seen Shen Nanpeng. The first time was in Shencheng and I talked to him about various issues in the live broadcast industry for two hours.
This big man in the investment field is currently quite famous in China, and he is second only to bat.
To be more precise, it is second only to the investment departments of Ali and Tencent. Because Hongbin Capital does not have as much money as these two companies! Now all startups have their last VC round called a “bat” round! Actually there are two.
As for Baidu, the former Internet leader, it has shown a decline in January 2014. They didn’t do what Google did in the US!
In the current hot battle between Didi and Kuaidi, Tencent and Ali’s capital are the leaders. That’s enough to illustrate the point. Baidu is slipping from the throne just relying on the cost-effective business of search advertising!
Zhang Lei from Hillhouse Capital and Zhu Xiaoyu from Jinshajiang Venture Capital came over to shake hands with Cao Su and exchanged greetings. This is the first time we meet each other.
Zhang Lei is also very famous in the investment world. He also graduated from Yale and has invested in Tencent and JD.com. In 2005, Tencent’s market value was only $2 billion. Hillhouse Capital invested $20 million.
However, some information about Hillhouse Capital was vaguely searched on the Chinese Internet. Go and find out who this person taught at Yale University, and you will understand if you have an intersection with that circle. The source of funding behind this man is the Yale Foundation.
We need to have a concept. First, startups need VCs. Is the so-called vc. Where did the VC money come from? Don’t say that he sold his previous company shares to get it!
That’s not what it’s like to be a venture capitalist. The money of venture capital companies is taken from various funds, such as school funds, family funds, sovereign funds of oil trenches, etc., as well as various rich people themselves.
For example, Morningside Capital, which invested in Xiaomi, is behind the money of the Chen family on Hong Kong Island. Their home is more famous at Plaza 66 in Jinling!
Zhu Xiaohuo of Jinsha River Ventures became famous in the domestic venture capital circle because of his investment in Didi. Of course, he is not a big player yet.
There is still a big player in the venture capital world, Xu Xin from Capital Today. It is the Bole of Jingdong’s strong son! And the famous idg, the person in charge is Xiong Xiaoge.
Shen Nanpeng said with a smile: “Mr. Cao, I prepared a dinner at the restaurant on the Bund at noon to celebrate our cooperation. Everyone went to participate. After chatting with you about the live broadcast industry in Shencheng last time, I benefited a lot! Let’s eat together. Let’s chat!”
His assistant confirmed with Dragon Ball Live, and the signing is complete. No other business activities have been arranged. Because it’s almost ten o’clock now. But this will not work!
In business, the most important thing is to communicate with people.
The point of view he said in front of Wan Yan actually came from Cao Su. The profit of the live broadcast industry is in the show, and the traffic is in the game. With the current industry model, if you want to stay ahead, the key lies in the game!
Zhang Lei said with a smile: “Mr. Cao, as a front-line operator in the live broadcast industry, Lao Shen said so, I really want to hear your opinions!”
Cao Su said humbly, “You two love each other. I’m just a superficial opinion!”
“Ha ha!”
Shen Nanpeng said: “Let’s go, let’s chat at the dinner.”
…
…
Song Jingying, who was in charge of the personnel and financial affairs of Dragon Ball Live, smiled and stood beside Cao Su, watching him communicate freely with the people in charge of the venture capital.
Her ex-husband’s family can be described as a wealthy family, but if you really talk about wealth, I am afraid it really does not have 200 million US dollars.
And he did it in less than half a year. It is truly admirable!
Although there is a difference between wealth on paper and actual wealth, but this talent, such ability, which woman has met, can not admire it? She watched the Dragon Ball live broadcast all the way to get here, and there is a brighter future ahead.
Cao Su has a very precise grasp of the development of the live broadcast industry. Even though his energy is already engaged in film and television, the entire Dragon Ball live broadcast is still moving forward along the strategy he set! He is the leader!
Leng Yutong stood next to Song Jingying. She was 1.77 meters tall. She leaned over and smiled and said, “Sister Song, just keep your eyes closed. Someone from the company is taking pictures.”
Financing, usually send a message. Or, hype. But it won’t make too much waves in the media. Ordinary netizens will not pay attention to these news.
However, with the blessing of VC stars like Hongbin China, UU Kanshu www.uukanshu.com plus the performance and growth rate of Dragon Ball Live, this is almost skyrocketing!
The future of Dragon Ball live broadcast is, at worst, a unicorn. He did so.
The industry should also shake.
Song Jingying is a 26-year-old beautiful young woman. She is not as shy as a girl. Instead, she uses her tail fingers to lightly tuck the hair on her temples. She smiles slightly, elegantly and elegantly.
…
…
Shen Nanpeng booked a box in the restaurant on the Bund, and the teams of the four companies took their seats. After serving the wine and food, Shen Nanpeng, Zhang Lei, Zhu Xiaohu and Cao Su chatted while eating.
Because Dragon Ball Live is the active party in this financing, 20 million US dollars is only 10 shares, plus one board seat.
Talking about the topic of live broadcast, Zhang Lei asked a little about the school: “Mr. Cao, what do you think of the future of Dragon Ball live broadcast?”
Cao Su did not simply answer the listing. This is what everyone understands. Now that you accept VC, even if the founders and teams don’t want to go public, that’s up to you. VCs are all about cashing in.
Moreover, he has already used the [Project Detector] to detect it, and the business of live broadcast will not last long. It will decline after five years, and the traffic will be gradually occupied by short videos.
Nor does he aim to use Dragon Ball Live as his foundation in the internet industry. He threw his hand to Li Hangyi at the beginning. The two areas that can be used as the foundation are social e-commerce and short video social networking.
“I have observed that most of the Internet companies in the past few years have one thing in common, that is, they will die out in three to five years. The capital’s outlet will shift rapidly. After the tide recedes, if there is no profit, then life will be very difficult.”