After Jiang Hui returned to the company, the investment agreement of the Dream Band will be signed soon, but there are still some procedures that need to be filed with the government department.

After Tudou, YY Live, and Autohome received new capital injections, they quickly accelerated the pace of expansion.

Considering the shortage of experienced managers in several companies, and everyone in the Dream Band has rich backgrounds, there must be many suitable candidates to recommend them, which can be regarded as a bumper for their investment, after all, there is no one in the company to watch, and everyone has no common heart after throwing down 20 million.

Zhang Mengze and the others saw that Jiang Hui really sincerely asked them to recommend management personnel, but they did not shirk it again. Zhang Mengze recommended a finance and legal counsel to Tudou and YY Live, He Qingquan recommended a human resources and public relations person to each of the two websites, Chen Yu recommended a deputy general manager and technical personnel to Tudou, Li Minghua recommended a deputy general manager and finance to Autohome, and YY Live recommended a content moderator and marketing personnel.

Dream Band recommended these people at least have five years of work experience, most of them are in their thirties with more experience and energy are more abundant talents, although their level has to be observed, but from the resume, they are all talents, if no one recommends, they may not be able to look at sites such as Tudou, which was founded not long ago.

Just when Tudou was waiting for a new development channel, Meituan's financing finally came to fruition.

After the failure of the last investment in the intranet, IDG Capital quickly learned from its experience and valued Meituan at a higher price than SoftBank and Sequoia Capital, and was willing to raise 20% of the financing at a valuation of 300 million.

Jiang Hui plans to meet with IDG Capital personnel during the final round of negotiations to determine the terms of the negotiations.

……

IDG Capital Celestial Empire Branch.

"Isn't Meituan still satisfied with our valuation?"

"That's not true, now the last round of negotiations is basically to go through the conditions and everyone's rights and obligations again, and their President Jiang will also attend."

"He is finally willing to show up, he is so difficult at a young age, and in a few years, the Internet world of the Celestial Empire will be his world."

"No, the biggest Internet companies are now several major portals, and it should not be so easy for the companies under the Guanghui Group to surpass these old-timers."

"It's hard to say, Jiang Hui has too many ideas in his head, so he will release an atomic bomb if he doesn't want to, so that the industry can't guard against it."

"This is also the fact that most of the companies under the Korn Ferry Group are original, rather than imitating others. This makes it difficult for the outside world to figure out their routines."

"Yes, but this kind of talent is the most attractive to our venture capitalists, and it is both loved and hated to subvert an industry or create a new investment direction by investing in an idea."

……

Meituan has now developed to the point where it has to set up offices in major cities across the country. At least in addition to the imperial capital, places such as Shanghai and Yangcheng and Jiangcheng in central China need someone to work there for a long time to speed up negotiations with merchants in various regions.

According to the current valuation of 300 million, 20% of the financing is 60 million. The 60 million is estimated to barely support Meituan until the end of this year, and it will be necessary to conduct a second round of financing at that time. However, at that time, it was definitely not a valuation of 300 million, and it was estimated that it was at least more than 1 billion, and if it could get rid of competitors, then it was not impossible to have a valuation of 2 billion or 3 billion.

The last financing negotiations between Meituan and IDG Capital were arranged in the new office area of Meituan on the 13th floor of the Polytechnic Building. The rapid development of various companies soon occupied all three floors of office space, and there was no place to recruit a few more batches of people. However, fortunately, the seven or eight floors upstairs are also already under renovation, and it is estimated that they will all be put into use in two months, and everyone will have a more relaxed environment for eating, exercising, and office.

is about to become a partner, so Jiang Hui personally went downstairs to greet Mr. Song and his party from IDG Capital.

After greeting people at the office for a while, Tang began to review the latest situation of Meituan and the content that everyone had agreed on in the previous negotiations.

"Mr. Jiang, our IDG Capital is very sincere in developing together with Meituan, Meituan has only been established for a few months, and we have already given a valuation of 300 million, which is also very rare for our company, of course, this is also Mr. Jiang, your creativity is too attractive," Mr. Song said.

In fact, if Jiang Hui hadn't sprinkled the plate too much in the past few months and operated Meituan alone, it would have been valued at more than 300 million yuan now, but there are gains and losses, relying on Meituan alone, it will definitely not be as powerful as the current Tudou, Douban, etc.

"Meituan is exploring a new gold mine, and no one has paid attention to this area before. At present, we have developed the market of the imperial capital more maturely, and some businesses are also being carried out in cities such as Shanghai and Yangcheng. Next, Meituan will fully launch related businesses in major cities across the country, and the valuation will definitely exceed one billion by the end of the year. Mr. Song, this is definitely a high-yield investment," Jiang Hui said.

"Haha, I hope that Meituan can develop rapidly as Mr. Jiang said, so that IDG Capital can also try the feeling of pressing the treasure," Mr. Song said.

"Meituan will not let you down, so let's go through the relevant conditions again," Jiang Hui said.

Next, everyone went through the rights and obligations of both parties after the financing, and Jiang Hui agreed that IDG Capital would appoint a deputy general manager and deputy finance minister to Meituan after the financing, and would also selectively consider other marketing personnel recommended by them.

Since the two sides were more clear about each other's conditions and requirements, this negotiation became a united conference, a victorious conference, and even the two sides had prepared an investment agreement in advance. At the end of the negotiations, the relevant agreement will be countersigned, and all that remains is to go to the government department to revise the relevant information.

At noon that day, Jiang Hui entertained Mr. Song and his party in a restaurant near the company. Jiang Hui called the current heads of various departments of Meituan to meet with the staff of IDG Capital, and Jiang Hui estimated that the vice president they sent should be the most likely one of the negotiators.

Lang has a concubine who is interested, and this meal is naturally very enjoyable for both the guest and the host.

In the afternoon of the same day, the news of IDG Capital's stake in Meituan spread.

Unconsciously, there are already 500,000 words, thank you for your continued support, and I hope to continue to spare monthly tickets, recommended tickets and reward red envelopes in the future. Thank you very much!

(End of chapter)