Chapter 862: The withdrawal of shares from the Ba people

The day of August 12 was tense and exciting, and when he returned to the company in the afternoon, Chu Yuanxi found that Qi Yu and Yang Yuanmei had finished communicating. When finalizing the preliminary schedule and project team structure with Qi Yu last weekend, she asked Yang Yuanmei to be transferred to be the executive producer.

Yang Yuanmei and Qi Yu are old colleagues in the Pengfei period, and they may be more lubricated when they cooperate with each other, and Yang Yuanmei is a jack-of-all-trades, eating is fragrant but doing anything is fine, although it can't be particularly professional, but it is just right to pull her to make up the pot at this stage.

According to Qi Yu's planning, the only thing that needs to be tested at present is Bai Sha, and he has to be appointed as a choreographer, just like Fang Shiling's positioning of high civilization when he was planning.

Then Zhu Wei became the boss behind the scenes for the first time, responsible for allocating resources.

When Chu Yuanxi returned to the company, several beauties were holding a WeChat conference call, arguing over the composition of the cast. Chu Yuanxi hurriedly patted Zhu Wei and Yang Yuanmei, and interjected: "You give me a little bit more, don't leave Taishan Terrace behind the cast, okay? ”

"Hey, Chu Yuanxi is back?" Qi Yu asked on WeChat, "Chu Yuanxi, look at our lineup, including the choreographers you pulled, all of them are newcomers, okay?"

"Rest assured, there is no experience that money can't buy. If there is, then you have to add money. ”

Chu Yuanxi said a few words and left, mainly because he couldn't and didn't allow himself to pay too much attention to this kind of thing. The things he needs to be concerned about are that Baidu Kuaishou announced today that he invested 450 million $ in something, and the official announcement was made, and the headlines were out. This is a major event that may have a profound impact on the industry, and it needs to be analyzed carefully.

In fact, is it really a win-win situation to introduce Baidu Kuaishou's traffic? If you pat your head and think that it is a win-win, it is a lack of reverence for traffic, especially for the community, huge traffic may change the atmosphere of the community.

In fact, there is a lot of new sinking traffic. Just yesterday, August 11, Yenching University withdrew from the special enrollment in a certain place, because the scores were too bad, and as a result, the two sides got up and got on a hot spot. In the past, with a certain atmosphere, this kind of thing for a reason at least would not be ridiculed on the head of Yenching University, and those two famous schools have a protective aura. But yesterday, it actually caused a group ridicule like raindrops, which stunned Chu Yuanxi.

Push forward a day, last Saturday, a well-known female writer who lives in a high-end community in the magic city ran to the Internet to show off her wealth because the toilet was blocked in heavy rain and no one came to fix it. Because he is too hypocritical, he prides himself on being a Top5 person, and he happens to expose that he lives in a house of 20 million yuan but his mentality is less than 200 yuan, and he is also ridiculed by the group. In the past, this level of lyricism is still well-known writers, and it is also excusable, not at all, but there are too many sinking users now, and the community atmosphere has quietly changed.

Therefore, the problem of user growth actually needs to be carefully sorted out. Especially when their monetization sources are mainly advertising and knowledge payment, especially when knowledge payment is not as powerful as getting an APP, any operation mistake may cause an avalanche.

In the turn of the day, there were three major events on the 13th Jianghu. The first one was that the video and picture social networking site Tang Bu Hot, which had competed with Facebook, was sold, and the transaction price was only 3 million $, which was thrown away like garbage. You must know that in 2013, when Yahoo acquired Tang Buhot, it spent a full 1.1 billion!

But the thought that Yahoo did this is surprisingly harmonious. In '98, Yahoo could buy Google for $1 million, but Yahoo didn't do it. In 2002, the acquisition was launched again, and the opening price rose to 3 billion, and Google felt that it could negotiate, and the counteroffer was only 5 billion, but Yahoo was cowardly again.

In 2006, the year after the completion of the share swap investment with Alibaba, Yahoo fell in love with Facebook again, and the opening price was also 1 billion $+ shares, which was the same as investing in Alibaba. It was really a golden age for investors, and bargains at this price point were everywhere, but Facebook happened to have some minor problems internally, and Yahoo immediately cut the money to 850 million.

This is also the beginning of Yahoo's decline from prosperity, there was still a chance to jump in 2008, Gates's father took 40 billion dollars in cash and hoped to accept it, but Yahoo Palace refused after fighting for a while, until 2016, 4.6 billion dollars sold to the operator Verizon.

This is also the time when Jack Ma was invested, otherwise Yahoo is estimated to be not as hot as soup now.

The first one is just a bit of a hilarity, and the second one has something to do with it, because Kuaishou, a stubborn company, has finally learned from the pain and launched their speedy version, which is the version of the copycat volcano. Isn't it just one step away from copycat Douyin? Lu Yu heard the wind and immediately established a string of independent accounts on Kuaishou to upload works suitable for the tonality of Kuaishou users.

What surprised Chu Yuanxi about this version is that it is actually a money-swiping version, the kind where users can get gold coins and withdraw money by watching short videos. And the quality of this APP is extremely high, especially in terms of optimization, it is extremely rare, after a small retreat, you can toss it casually and even press the phone to turn off for half an hour and then click on the window just now, you can throw off the starting point of the reading APP eight streets so far, the program of reading the text is estimated to be unable to apply for a job in Kuaishou.

With a volume like Kuaishou, if you go into battle shirtless to play with money, it can be seen to the naked eye that the DAU growth of its single APP will definitely draw a beautiful arc, because the so-called speed version of the APP is connected with the Kuaishou APP itself, and the user's attention and likes are the same system. That is to say, users who originally used the Kuaishou APP originally had to brush it for an hour every day, and after switching to the speed version, they could get extra money, and even Chu Yuanxi himself experienced it for a while.

The third thing has a lot to do with it.

As early as a long time ago, Zayi released a rumor, saying that he has been carrying out business development with an open mind, looking for business strategic partners, in order to bring more vitality and development to Kaola cross-border e-commerce and other business units.

Interpreting it as a human being means that the scumbag wants to sell koalas and begins to look for the next home.

On the 13th, there was a rumor, and Ali was ready to make a move. Chu Yuanxi saw that this was a rare and good opportunity, and hurriedly brought Yuan Yu and Liu Lu.

"So ......" Yuan said with a question, guessing, "Are you going to poach koala's executives?"

"It's not digging, how can it be called digging, it's the first contact. Chu Yuanxi typed out a list of Koala's executives, "The people above here, I estimate that they will have to leave Koala in no more than half a year, right." And I don't think we're well-off on the koala's dedication ban list,"

Liu Lu nodded, and said in his heart that Ali would do the tone of mergers and acquisitions, which was almost inevitable, and it might be a little less than half a year, but there should be few on this list that could last for a year. The key is that everyone knows in their hearts, once the merger and acquisition is reached, the subsequent process is almost transparent, and there is only one main theme for the incumbent executives, how to get enough benefits and then leave the company.

To get enough benefits, it is nothing more than options, and options, as a person who has left a start-up company, Liu Lu judged that the difference is based on the rank and entry time, and it is one-size-fits-all. The focus of the contradiction is nothing more than when to cash out the option, which is not to be guessed for the time being.

She looked at the list typed out by Chu Yuanxi again, there are those who are responsible for goods, those who are responsible for supply chain management, those who are responsible for sales, and those who are responsible for warehousing and logistics, which are all normal, how can there be people who are responsible for global stores?

"Hey, who said that we can't provide overseas shopping products if we do convenience stores? Although it is impossible to do koala logic in our model, it is always good to provide some differentiated high-priced goods, right? ”

"Okay, but many of the people on your list originally reported directly to the CEO of Koala, do we have the right positions and ranks?" Liu Lu continued to ask, "In our corporate structure, the middle and low levels are very delicate, and the senior management was simple and rude according to your meaning, showing the true colors of a start-up." ”

This problem is about the problem that the high-level of the well-off is very flat, and the president and vice president are below the director level, and Chu Yuanxi can directly plunge into the big middle platform structure, but it is not divided according to the business group or business department, it is still a project team system, and it is broken and reconnected with OKR.

Therefore, the well-off organizational structure below the middle level of management seems to outsiders to be very complicated, but at the director level, it is very unfavorable to see the president directly.

"Is this a problem......" Chu Yuanxi scratched his nose, "I think this question is like this, if the other party thinks that Koala is very awesome, and he is married to Xiaokang, and he is wronged if he is not a CXO or a vice president, then pull it down, let's withdraw our intentions." Xiaokang doesn't need so many VPs and CXOs. ”

"Damn!" Liu Luxin said that you are a younger brother? You take the initiative to hire others, and your posture is so high, is it appropriate? You don't need so many CXOs, but you have even hired the chief scientist, hey!

Chu Yuanxi saw that Liu Lu was rude, of course she knew what she was thinking, and suddenly laughed, "You have to think like this, how much is the slag koala worth? It's not more than 15 billion ¥, right? This volume is average, and the GMV is average." If an average company's executives are parachuted into a high position where all of us hold high positions, then our ceiling will be visible to the naked eye, which is impossible. We will start with 300 billion yuan in the future, and the position of senior executives is very expensive, and we will not easily seal the official position and make a wish. ”

Yuan Yu suddenly said: "I think what Chu Yuanxi said is right, Liu Lu, you think, we recruit like this, it seems that we are serious and cautious, this is what ambition looks like." Anyone who comes, has never worked in the company, and does not understand the details, just because he has a relatively bright resume and is entrusted with important tasks, and the title is more than a cow, this is the style of a small company, and we are the most taboo when we make early investments. ”

got Yuan Alfalfa's affirmation, Chu Yuanxi directly made a decision, "Hey, if you look at Yuan Alfalfa's observation perspective, it makes a lot of sense, let's peel off all kinds of glamorous adjectives of the target company, don't care about how many cross-border e-commerce and market share it is in the Celestial Empire, just look at the valuation, this matter is very clear." If it has a valuation of hundreds of billions, then it is awesome, the executives in it are amazing, and those with a valuation of only 10 billion can relax, this logic is fine, right?

I mean, Yuan Alfalfa, you can help Liu Lu get to know these people through Zheng De's relationship and express the attitude of our side. We are thirsty for talent, but 'talent' is shown by doing tasks, and we get task rewards through OKRs. We leave space and opportunities for talents to give full play to their talents, which is the advantage of our system, and we must explain clearly when communicating. ”

Arranged to work, Chu Yuanxi thought that there were three major events today, but there was a bigger one in the evening, the girl in the fan circle went out late at night and violently slaughtered the external network.

This makes people have to sigh, the other side of Kowloon is really at a critical moment, even the girls in the fan circle have burst out with huge energy, and it also allows those brain-dead people who like to control comments on Instagram Twitter to see what kind of control methods are professional control reviews, emojis and smooth slips can make some people angry to death.

If you look at it from the perspective of the game, it becomes even clearer, the big families there are like the upper elves in the mountain of Yamaguchi, they think that their loyalty will usher in a god, and the result is the Burning Legion.

It was August 16, Saturday, the day when Li Jingfei and the Modu Syndicate withdrew their shares in the Baren Group. Some people resigned and returned to their hometowns, and some people rushed to the field in the starry night, and it happened that tomorrow would be the roadshow of the A round of financing of the well-off, and they were all in the same room.

There were only four people in the huge conference room: Chu Yuanxi, Dobby, Li Jingfei and Yuan Yu, which seemed quite deserted. Chu Yuanxi spread out the contract prepared by the three parties and put it on the table, with five big words written on it: "Share withdrawal agreement", and the first line below is: In line with the principle of voluntariness, XX signed this agreement and stated the following matters XXX.

Although today is only the form before the payment, but this withdrawal is still more particular, and most of the shares repurchased by enterprises are cancelled, so as to reduce the share capital to increase the profit per share. However, considering that the Ba people are in a relatively special stage of entrepreneurship, Chu Yuanxi decided to adopt a relatively rare way to lock the recovered equity into the equity warehouse, waiting for new investors to buy it in the future, or use it for equity incentives.

This time, the magic capital syndicate was neat, only one came to Dobi, and the other was Anqi. He was the one who matched the deal at the beginning, and he was also the initiator of the capital injection on the side of the Magic Capital Syndicate, and he has made a meritorious contribution no matter how he looks at it, but he is not very happy to look at it.

Yuan Yu chatted with Li Jingfei and Dobby, but Chu Yuanxi directly pulled An Qi aside and asked him about his current situation.

During this time, Angel had closed his café, because he didn't make money, he barely managed to lose money, and became a part-time worker for real estate.

Chu Yuan Xixin said that the profit margin of the café is simply very high, how can it not make money? It turned out that the interlacing is like a mountain, people do not make freshly ground coffee, the gross profit margin is high, but the cost is also huge, and the turnover rate is hugely low, and there is nothing left after the deduction.

"In that case, are you interested in returning to your old business?"

Chu Yuanxi asked very quietly, and Angel Huo Ran was excited, "What's the situation?"

"The situation is more complicated, but anyway, your game company has also been handed over, and the café is not open, and I don't think it's interesting for you to be in front of white gloves, and there has been no progress for more than a year. ”

Angel was stunned, because after barely squeezing into the circle of the Modu consortium, she found that her position was more embarrassing than that of a fund manager. The fund manager is still a high-level white-collar worker, with a set of rules, and contributes his experience like a tool man and asks for returns.

And he didn't have any formation, and he became a scout role similar to that of a football club.

The main reason for this is that he doesn't have much money himself. Only with money can there be a share, it is an investor, it is a person in the circle, there is wisdom and vision but there is no money, although it looks very lively, looking around for various investment opportunities, but the return model is very vague.

Take the investment of intermediary Ba Ren Entertainment as an example, if there is no Anqi, the money of the magic capital syndicate will definitely not have anything to do with Ba Ren. This is not to say that Chu Yuanxi does not need the magic capital syndicate, he needs, very much needs an investor who is willing to give a high valuation to invest in the A round of Ba Ren with Zheng De, and there are not so many investors who are willing to admit a valuation of 1.5 billion to finance Ba Ren at that time.

To this end, Chu Yuanxi has made various efforts, given lectures to investors, led the investment of snow projects, etc., but in the end, it was the magic capital syndicate that was thousands of miles away and invested in.

Therefore, Angel has made a lot of contributions and endorsements to the communication and mutual trust between the two sides in the middle, so that the Magic Capital Syndicate can make this determination, recognize this high valuation that others are not willing to recognize, and finally come to this day, no matter what happens in the middle, it can be regarded as a happy one.

But Angel himself has nothing to rejoice about, he has gained a little fame, just like the scouts found Cristiano Ronaldo Messi. But unless you become Mero's agent, the direct income is very small, at least not comparable to the income from the one-year investment of the Magic Capital Syndicate.

So Chu Yuanxi felt that it was time to pull Anqi over, if Zhao Jie was sold, although Zhao Jie would always be left behind with Ali's tone, but in a short period of time, at least a year will not return to the Ba people. The colleagues of other Ba Ren games are similar, so if you want to start again, you can't rely on Wenhui alone.

And Anqi, whose character is valuable and trustworthy, is born in research and development, understands games, has made good products, and has also been the CEO of a game company, isn't this a ready-made candidate?

Unexpectedly, when his brain circuit was spinning, Angel also thought about it a lot, and then asked: "Are you talking about the old business of games or investment?" Actually, I think I should be able to invest. ”

Speaking of this, he lowered his voice, looked at the three investors over there, and whispered, "At least it won't be better than Li Jingfeicai." I just don't have the start-up capital. What's the matter, you put hundreds of millions of dollars in me to start it?"

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Push this book again, Cheng Zhi's "Taishi of the Tang Dynasty".

Anyway, the comment area was recently cast by the Silent Warlock, but the sudden increase in rewards made the author feel warm. It turns out that the old readers can still express it to me in this way.