Since someone has already sent it to the door, Dai Xiyan decided to admit the best and quickly implemented this matter.

Because time waits for no one, Yanxin is indeed short of money to do marketing! Although Yanxin's profit model has not yet been found, no one is a fool, they all know that once the number of users of social software grows to a certain point, the potential is endless.

Aren't penguins an example?

The current shareholding structure of Yanxin is 30% of the shares of the legal person Xia Ye, 50% of the shares of Dai Xiyan, 7% of the shares of Lin Cheng, 2% of the shares of Zhang Yiming, and four core personnel of the other team, accounting for a total of 5% of the shares. The remaining 6% of the shares are ready to be reserved for current employees.

Since the early stage was basically funded by Dai Yan and Xiaoye Company, it is basically an angel round investment. A total of 15 million yuan was invested in leasing server equipment, advertising, employee salaries, etc.

The explosive growth of Yanxin data has made the valuation and potential of Yanxin more favored by capital. After just breaking the 10 million registered user mark at the end of November, the number of registered users reached 12 million in just five days.

In the end, after selection and many days of negotiations, it was finalized that Hongdou Capital and Duan Yongping personally invested a total of 20 million US dollars, accounting for a total of 20% of the shares.

As a result, the equity of other people in the company's start-up has also been diluted accordingly. The legal person Xia Ye accounted for 24% of the shares, the spokesperson accounted for 40% of the shares, Lin Cheng accounted for 5.6% of the shares, Zhang Yiming accounted for 1.6% of the shares, and there were four core personnel of the other team, accounting for a total of 4% of the shares, and the employee shareholding became 4.8%.

Although the financing process is negotiated, there are still many processes to go through in the middle, and the funds do not arrive so quickly. Although Yanxin is developing rapidly, it can't wait that long, and one of the conditions required by the endorsement is, of course, that $10 million will arrive in the account within a week, and the rest will arrive within 2 months!

As soon as the financing was known to the outside world, of course, there was an uproar, and no one expected that the company, which had only been established for about half a year, would obtain a $20 million Series A financing in such a quick time. Based on the investor's 20% stake, is the valuation of this young company already worth $200 million?

For a while, many laymen were incredulous and felt that Yanxin was a bit exaggerated. If they know that their future life and work are inseparable from their words, they may feel that they may still underestimate it at this time!

However, Yanxin Technology has not yet made an official announcement to the public. Everything has to wait for all the money to be in place, and the final conclusion will be made after the process is completed!

。。。。。。

Three days later, $10 million, nearly 70 million yuan, arrived in the company's account.

The money has arrived, and of course it has been expanded!

The first time was to rent two floors of office buildings that can accommodate more than 200 people, and Yanxin Technology also moved from the original small office to a larger office building.

The second thing is the expansion of personnel, finance, personnel, administration, legal affairs, and many other departments that have not been or simply ignored must be slowly equipped with personnel. The division of labor of the technical department has also begun to be standardized and clear, and there are many sub-departments under its jurisdiction.

It is said that money can make ghosts grind, and before the end of December, before the arrival of the solar calendar 2011, Yanxin moved to a new office.

During this period, the speed at which the endorsement spent money not only shocked the company's management, but also surprised the investors. But the result is still satisfying!

Yanxin cooperated with the operation service provider and invested 10 million yuan for marketing and download activation, so that the number of registered users of Yanxin increased by 5 million users at the original growth rate.

At the end of December, the number of registered users of Yanxin has reached 20 million!

.。。。。。。

Fengyu Building, 12th floor, the new office space of Yanxin Technology.

There were two people sitting in the office at this time, Dai Xiyan and Lin Cheng.

The current position is CEO, but he is often not in the company for his own reasons, and there are more furnishings...

Lin Cheng's position is CTO.

The experience or qualifications of the two may not be enough to take on such a heavy position, but this is the case with startups, which are very risky and rewarding.

There was a bag of Huazi on the table, and he gave Lin Cheng one and pulled one out himself.

When Lin Cheng saw it, he immediately stood up and bent down to point it to the sitting speaker, and then he also clicked it. Originally, Lin Cheng didn't know how to smoke, but with the recent high-intensity work pressure, Lin Cheng also learned to smoke a few occasionally to release the pressure.

Dai Xiyan looked at such a "diligent" Lin Cheng, a little uncomfortable, maybe when he went to his house, he would have to bend down and light a cigarette for him, and now he should receive some interest!

The reason why Lin Cheng is so "diligent" is actually not called courtesy, admiration and respect occupy more.

At first, he thought that the strategy after the launch of the letter was to slowly promote and grow, but he didn't expect the endorsement to directly spend tens of millions of dollars on such a large-scale marketing of a product that has not yet had any market feedback, and finally succeeded!

Of course, the respect that employees have for their bosses.

Lin Cheng never thought that he would become the CTO of a company in just a few months, and more importantly, if he was valued at the current company, he was already a multimillionaire, and when he thought of this, his fingers holding the cigarette couldn't help but tremble a little.

In the midst of swallowing clouds and spitting out mist, Dai Xiyan asked seemingly casually: "Lao Lin, haven't you been home for a long time?"

"Yes, I've been very busy lately, and I live in an apartment near my previous company, and if I calculate carefully, it seems that I haven't been home for almost half a year!"

"It's really hard, I've been a little free in the last few days, you better go home and take a look, you still can't relax during this time of the year!" the spokesperson reminded, the penguin should be about to make a move!

Lin Cheng smiled, sighed and said, "It's okay, I'll take the time to go back in the next few days." I'm ashamed to say that my home is not far from me, and I haven't been home to see it except for phone calls recently. ”

Dai Xiyan comforted: "In the special period, it should be better in the future." After a pause, Dai Xiyan added: "Go back and help me say hello to my uncle and aunt to apologize, but their son couldn't go home because he had worked for so long." ”

Lin Cheng smiled bitterly, "Mr. Dai, you are serious, it is inevitable for men to work hard in their careers, not to mention how could I have where I am now without you! My parents will definitely understand." ”

"That's good! But Lao Lin, don't say some things to the outside world, such as me, I'm still so young, saying it will make people feel that the company is unreliable! The company seems to be beautiful now, but in fact, crises are everywhere, we still have to pay attention to the details!"

"Okay, I will. Lin Cheng agreed, and after a few seconds of silence in the office, "Mr. Dai, do you have anything else?"

Dai Xiyan thought for a while and said to Lin Cheng: "Old Lin, in fact, there is still a very important thing to entrust to you. ”