Chapter 1007: Three Financings

Chu Yuanxi's words secretly said that Gu Hongru could find you to explain her path. But Pu Mingyi didn't hear it, and asked stupidly: "Then why are you still optimistic about me?"

"I'm not optimistic, my profit forecast has been significantly lowered, but I'm still willing to gamble. Chu Yuanxi said seriously: "Although I am doing model innovation myself, I don't understand technology, but I don't want to invest in model innovation." If I want to say that I am still willing to invest in people with cutting-edge technology capabilities to start a business, at least it has direct value to society. It's a pity that those who have the ability to make high-end chips, lithography machines, and vacuum evaporation machines, I can't invest in them. ”

"Bet?" Pu Mingyi never expected this answer, and asked with a grin: "Gambling on this is a lot of money, I calculate that it will take almost 50 million?"

"It seems that you haven't done enough homework, you go and ask Gu Hongru, I can't pay for it. In addition, you are poor, 50 million is definitely not enough. ”

Chu Yuanxi also made a self-criticism after saying goodbye to this more alternative talent, and after he returned from enthusiasm to calm, he found that he had floated, and money made people float.

It is undeniable that the external environment will definitely have an impact on people's judgment and psychology, if there are more than three billion in the account of the Ba people at this time, he will definitely not have any ideas, and he will not even think about going out to pick up cheap, because it is not enough. But with more than 30 billion, it is different, and the investment of about 100 million yuan becomes full of arbitrariness.

Is Pu Mingyi worth investing in? Or is the VR track worth investing in a technology master? This is really time-consuming. If Rebus waits until 2014 to engage in Xiaomi, then the value will really drop sharply, and the market may have some room for him, but it is almost impossible to take users as it has historically.

You know,2010Xiaomi is the "light of domestic products" in the smartphone industry,It's not that Xiaomi has a lot of light,But there is no other enough amount of light,Only some shimmers,Of course, Xiaomi was born bright。 At that time, there was nothing to do with China, so it was not a question of Xiaomi being praised as the "light of domestic products".

Judging that period of history, it is not too much to say that it is the user who has achieved Xiaomi's thoughts, but the user does not fall from the sky, but operates. Xiaomi first took the crucial step of being an Internet mobile phone solution integrator before it could gain the privileges of a unique operating user as a first-mover provider. Five years later? Don't think about using a series of monkey tricks, and the number of people who buy them is estimated to drop sharply.

And now in the subdivision of VR, Chu Yuanxi looked at it with his own business eyes, it was the situation at that time, technically it could be done, but no one did it, the first one to do it well ate crabs, and the latter to drink crab soup, this is the only place he feels has investment value.

And if Pu Mingyi really has technology, the situation may be much better than Xiaomi in the mobile phone circle, Xiaomi's surging chip is really not good, so he can only use Qualcomm and be stuck in the neck. But there doesn't seem to be such an insurmountable gap in VR technology, and there is no impenetrable patent blockade.

In fact, it is not very glamorous to really mix like Xiaomi, especially at the point in time of 2018, it is really super boring after the IPO. What is the reason for Xiaomi's considerable improvement in the past year? In fact, a very important reason is the rise of Huawei.

These are two big factories that love and kill each other, but Xiaomi should actually thank Huawei, and the same goes for other big factories that use Qualcomm processors. If it weren't for Huawei really breaking through Qualcomm's blockade, especially in the field of 5G, Qualcomm would have been able to jam Xiaomi's neck, so that you can do what you want, the price is not negotiated, or you will use MediaTek.

It is precisely because Qualcomm has lost its exclusivity that it has become humble and chip prices have become relatively reasonable. Therefore, although Xiaomi continues to call Qualcomm a father, without Huawei, this father does not care if it is called a son.

I hope Pu Mingyi won't be mixed up like this.

Of course, Chu Yuanxi suddenly proposed to invest in Pu Mingyi, in fact, there is another consideration, that is, to show that "the master is not bad for money", not only is it not bad, but there is still room to invest abroad.

The urine nature of capital has always followed the Matthew effect, at least Chu Yuanxi's worldview, they all like to go where there is no shortage of money, and they lack interest in paying attention to those who are most short of money. Just like banks, troubled enterprises need money the most, and how can they turn around their losses without new funds? But they are also the most difficult to borrow. Even if you don't want to make a loan, the bank can kneel down and beg you to make a loan! Therefore, it has never been easy for small and micro enterprises to obtain financing.

On this day, a very important news came from the capital market, the management loosened the restrictions on refinancing, and there were many highlights in three consecutive blockbuster documents. Of course, whether it is good or bad depends on where the butt sits, you must know that in the bear market in 2008, refinancing is one of the three culprits that drove the stock market down, and the Shanghai Composite Index hit from 5520 to 1664.

Therefore, the reaction of the capital market is also strangely calm, not joyful, nor mournful. This is because there are many ways to refinance, such as private placement, which is a relatively preferred way for capital to participate. In fact, Chu Yuanxi now has a certain reputation in the capital circle, and Ba Ren also has a serious investment company, and private placement can also participate.

The next day, Gu Hongru immediately joined the group chat, and Pu Mingyi finally knew that the opposite party was nominally an entrepreneur, but in fact he was a big dog.

Of course, this news also spread outward through Gu Hongru, and after another day, the entire investment circle would know about it. This is because Chu Yuan Xi clearly said that he does not require solo throwing, anyone can vote, and even lead or follow the vote, which is called "idle move" in Go, and it is not necessarily whether it is an idle move.

In short, Gu Hongru found out what he was doing, so he began to give full play to his characteristics as a small expert in human resources, forming the founder's plate on the one hand, and the investor's bureau on the other.

During this time, Ke Jie, a national player of Go, also made a joke, because he took the course of Go in Mizuki, and was known as a villain for a while.

However, he seems to have miscalculated, this course is called Go and Culture, and the final exam questions are likely to be like this:

1. The story of "Rotten Ke" is from the book "" of the () Dynasty. "Rotten Kepu" comes from the writings of () the writer of the dynasty ().

2. The author of the Go life-and-death problem "Theory of Fayang" is ().

3. In the famous Battle of Huangshui, the winner of the chess battle between Xie An and Xie Xuan was ()?

I believe that the teachers of the elective courses are very willing to polish the exam questions.

On the same day, DingTalk finally collapsed gloriously.

During this time, Ali showed a solid foundation, and when other live broadcast software either dropped or got stuck or blocked the live broadcast of the teacher in the political class and biology class, DingTalk always insisted on not having problems and not giving the flowers of the motherland any chance. Many employees with children have found that their family relationships are harmonious, and children are beginning to understand the difficulties of their parents' work.

So the live broadcast industry is more promising! In a few years, these children will be more accustomed to rewarding anchors after work. Until February 17...... This day is the day of the beginning of the school year, and many schools choose to open online, not only primary and secondary schools, but also universities such as PKU and Mizuki, which are also open as planned, and Mizuki alone has more than 3,000 courses for online teaching.

Moreover, schools that use live broadcasts do not consider the waste of network resources at all, and even raise flags and broadcast drills and the like. This is similar to the traffic of Double Eleven, concentrated and rapid, learning has collapsed, and the wisdom tree has also collapsed, how can DingTalk be alone? After all, I just made a DingTalk online begging for mercy B station video last night, and I can't get rid of the masses.

This sudden situation has brought the debate within Xiaokang on whether to use DingTalk or WeChat Enterprise Edition from a close match to an abrupt end.

In the past few days of resumption of work, in fact, there are only two main tasks on the well-off side, the first is to develop an internal APP for eating. In this special period, solving the security problem is the core, and the most important thing to solve in the security problem is how to eat to be safe.

For Xiaokang, the easiest solution to think of is to directly solve the employees' three meals through their own fresh and hot meal supply capacity, and the cost is the lowest.

Of course, this has to be wronged brothers, and they eat in isolation at their workstations. But no matter how Nordic queuing and exam-style dining you are, eating in the cafeteria is no safer than this way of eating.

It's just that if you don't give people a choice, there will definitely be people who can't stand it after a long time. Personnel need to be managed, and the essence of management lies in mutual compromise, rather than one-sided command. Chu Yuanxi, who was born as an operator, must understand this, so he needs to develop an ordering system for employees.

After all, the well-off supply system is relatively strong, with its own fresh food factory, sufficient logistics, and hot meal processing for hundreds of people, of course, it is not a problem, and even the Ba people are also stained. Therefore, the company can let the young men choose from dozens of dishes, and then use the power of big data to quickly eliminate the unpopular, plus a wishlist function, which is enough to satisfy the vast majority of people.

Developing this app is very simple, just take out a framework from the well-off life app to do subtraction.

It's also a subtraction, and it's not so easy to provide community control software to the bigwigs of relevant departments, Chu Yuanxi bragged at the time that it was completed in 4 days and tested in two days, and the demand was set on the 13th, which was already 96 hours later, and it was only after it was handed over to the test team that it would be packed into a package.

And when it was said that the test was conducted for two days, this word was also spit out internally. This kind of testing in the face of the public, and of a national nature, must take into account extreme testing rather than ordinary testing. But in this situation, if you want to do the limit test but can't open it manually, the society is not a normal state, and people who want to put together the limit test can't get it.

So it can only be tested by robots, and the unreliability of robot tests is very obvious, but fortunately, Chu Yuanxi found out about this fatal problem not too late, so he went to Xue Ming for help at that time.

So Xue Ming didn't sleep for almost two days, and made an AI robot to simulate various possible behaviors of users.

In fact, Chu Yuanxi was very worried when he suddenly received the report that the test team was difficult to carry out the test, and now he can finally take a breath. The next stage is to get into financing.

There are three financings below, the first of which is the simplest, Pu Mingyi's angel round of financing. This financing is because Chu Yuanxi said that he is a Buddhist investment and is willing to go to the bottom, so the speed of progress is extremely fast, and the only thing that is tangled is the valuation.

Normally, this kind of high-tech enterprise, even if there is no seed round, directly enters the angel stage, and it is unlikely to be less than 50 million.

But Pu Mingyi actually has no value except for the head on the item, and even the co-founder team is helped by Gu Hongru. And in terms of his personality and ability to handle things, teaming up with people he doesn't know is like forming a wild team in a game dungeon. Whether the team members listen to the command of the regiment commander, whether they can run the position, whether the tank can hold the hatred, whether the DPS will be OT, and most importantly, whether the regiment commander will command or not? These are all questions, and they all have to be resolved.

In short, Chu Yuanxi felt that the possibility of smashing the market was extremely high, so he could only accept a relatively high bet, and did not dare to accept a too high valuation, and the angel round of 50 million was absolutely unacceptable. In particular, other investors may not have such an intuitive understanding of Pu Mingyi, maybe he took the lead in recognizing others and followed him, the possibility of the Ba people leading the investment is very great, why don't the people who lead the investment recognize it?

Even Chu Yuanxi had another idea at one point, and summed it up with Gu Hongru, whether to persuade Pu Mingyi to accept the position of co-founder CTO, and find someone with real organizational and management skills to be the leader.

Or it's not impossible for co-CEOs. The CTO is responsible for technology, and the CEO is responsible for business planning and management, which is a harmonious entrepreneurial model.

As a result, Gu Hongru spit out fiercely: "Don't be like this, Xiao Chu, you spare me!"

"What? He's having a hard time communicating? I'll just tell him personally. Chu Yuanxi felt that his idea was reasonable, but he couldn't talk about it?

"No, it's not a difficult problem to communicate. It's that he really does the same thing as the CTO, and when the time comes, pointing fingers at others will be unjustifiable, and it will be easier to be yellow. It's better for you to give him the title of CEO!"

Chu Yuanxi suddenly felt that the future was dark, these tens of millions of people were going to suffer! Maybe they couldn't wait to invest in the A round before they were already yellow? This is the first battle in the real sense of the word as an investor after he crossed over, and it should be auspicious!

"The question is, Pu Mingyi, does he have the ability to manage? If you look at his resume, he may be able to do planning or something, but what about management?"

I only heard Gu Hongru say: "Xiao Chu, although my sister is not a few years older than you and Yuan Yu, my experience is still relatively rich. ”

What does this mean? Chu Yuanxi was stunned for a moment, and then came out of Brexit: "You want to go out of the mountain in person?"

"Yes, he lacks a COO who knows him and he knows the other co-founders. I can only do this thing, and I find everyone. ”

Chu Yuanxi shouted in her heart at that time, "", this matter is getting bigger and bigger? Gu Hongru's coffee position in the investment circle is definitely much higher than Yuan Yu's, but because she took her grandfather's class, and she hasn't taken over for a few years, she is always easy to be looked down upon. Including Chu Yuanxi himself, he was the same before, but he didn't expect his determination to be so big!

"Then what should you do if you come out to start your own fund?"

"Part-time, you can do two start-ups at the same time, and also be the CFO of peak visual effects, I can't be a part-time COO?"

The second financing is the financing of peak visual effects, and Yang Jiangang started the B round of financing before Xiaokang.

However, he never came to Chu Yuanxi to exercise his eloquence, but only sent an email as a notice to the Series A investors.

The writing in this email is still relatively simple, talking about what the peak visual effects have done during this period after the A round of financing, such as the establishment of a dedicated developer operation team and the establishment of a complete set of operation methods to provide R&D support. A dedicated developer group and community have been established, as well as developer training courses, live classes, developer articles, etc., to provide technical knowledge support.

At the same time, I also wrote about the feelings of this time, which is nothing more than the development of the engine is particularly painful, and the company needs to continuously simplify the very complex functions until the average player is likely to understand it, and also need to face various possible bugs and optimization problems. It's a cliché, and it's always true.

Finally, the purpose and goal of the plan to finance the B round, this part fully summarizes Chu Yuanxi's suggestions, saying that in order to promote, in order to incubate the ecology of high-end communities, in order to promote business signing, etc., only in an unimportant position to continue to develop platform functions and optimize the user experience Yunyun.

Finally, it is the proposed valuation of the B round, and Yang Jiangang's offer is 1.6 billion, twice as much as after the A round of investment, which is extremely restrained. However, the financing he wants is 400 million, that is, he will directly share 25% of the share, and his appetite is not small.

Fortunately, Yang Jiangang's recent operation made Chu Yuanxi feel that this appetite could still be satisfied. It would be nice if the peak visual performance produced a heavyweight representative style on the Internet, and it could not be the official customization of the IP of the Ba people, it must be from the hands of UGC, it would be very convincing.

Now the peak visual performance is actually "Animal Company", which is quite embarrassing, because even the IP has been transferred to Ali along with Baren Games, and even Disney's related businesses have also been transferred. Of course, this business itself also had a great positive impact on the evaluation value of the Ba Ren game at that time, so Chu Yuanxi did not lose money, but Yang Jiangang lost it, he only retained the distribution rights of the peak visual effects version of the animation "Animal Company......

However, although there are no masterpieces that meet the conditions, the influence has been initially reflected, because those UGC users who use peak visual effects have sent out new crown-related knowledge videos on Douyin, which have been well disseminated after being promoted by the Ba people, attracting many UGC users on Douyin to run over and use them, thereby driving the further inflow of ordinary users.