Lin Feng looked back and thought about it, and it was also a little funny. Pen "Fun" Pavilion www.biquge.info

He really doesn't have a plan to raise money now!

In particular, Menglong Company has a good cash flow, and it will immediately enter the national layout and a period of rapid growth, so there is no need to let venture capital in now.

didn't expect that whether it was Yihong or Xu Xin, they all set their sights on Fengxing Company.

This made him entangled......

Fengxing company has now entered a platform period, step by step, while digging new talents, while optimizing the layout, waiting for the launch of the CRBT business. To be honest, although there is a lot of user traffic, just relying on ringtone downloads, from the perspective of profit and development, there is not much space, and it is quite a bit of a temporary feeling of raising people.

And with the money from the venture capital, he can now start the preliminary preparations for the online game business, and it is impossible to say that he is not tempted.

As for Xu Xinxiang, both companies .......

Seeing that Xu Xin's investment amount was more sincere, and he also recognized her personality and style, Lin Feng gritted his teeth and agreed.

It's just that the proportion must be reduced!

After Lin Feng thought about it, he quoted 10% of Menglong Technology's $15 million and 10% of Fengxing Technology's $10 million.

Xu Xin agreed without saying a word.

This refreshing and domineering, Lin Feng also has to be convinced.

In this case, IDG didn't have to refuse, Lin Feng asked Li Dong to contact Guo Yihong, and agreed to IDG's investment in Fengxing Technology, but the valuation should be at the price of Baring: 5% of $5 million.

Guo Yihong was shocked when he heard this price, which was too far from his original plan to get 20% of the shares!

Lin Feng: Is this the rhythm of shouting and paying back on the spot?

Then I heard that Baring Private Equity Asia had entered the agreement stage at this valuation, and then I sighed and was very depressed.

I'm afraid that there will be such a case robbed by competitors, and TNND will raise the price indiscriminately!

After Guo Yihong raised the case at the IDG presbyterian meeting, everyone talked about it, and 5 million US dollars is already a relatively high amount in IDG's investment projects at this stage, accounting for only 5%, which is a little difficult for everyone to accept.

Guo Yihong analyzed the advantages of Fengxing Technology from all aspects, especially the great recognition of Lin Feng, the founder, and his attitude impressed the eldest elder among the seven elders.

"Since Young is so optimistic about this company and Lin Feng, let's give it a try, maybe it will be another Baidu?"

Yang Fei (one of the seven elders, who led the investment in Baidu) answered next to him: "It's still different from Baidu, Robin Li has the core technology in his hands, and Fengxing Technology can't see any core competitiveness for the time being." ”

Guo Yihong pushed him back with a word: "I love music network is now the first in the industry, and the traffic has reached the top 400 of Alexa, and it is unique in the field of online music, and I can't find a competitor." ”

The implication is that this is not competitive? There is no competitor to be found.

Zhou Quan clapped: "That's it! No need to discuss, trust Yongy's judgment." This case can be voted. ”

………………

When it comes to financing, Lin Feng just needs to make a decision.

Li Dong is a senior investment banker, and he is familiar with due diligence, agreements, finance, etc. Lin Feng gave him full authority to get it.

Three days later, the parties signed a capital increase agreement.

Baring Private Equity Asia (Hong Kong) Investment Co., Ltd. signed a capital increase agreement with BJ Menglong Technology Co., Ltd. to invest US$15 million and acquire a 10% stake in Menglong Technology.

The previous shareholding structure of Menglong Technology was: Lin Feng 50%, Wang Hao 30%, Li Dong 15%, and Ye Weiyu 5%. After the completion of this round of capital increase, the company's equity ratio has become: Lin Feng 45%, Wang Hao 27%, Li Dong 13.5%, Baring Asia 10%, Ye Weiyu 4.5%.

The post-investment valuation of Menglong Technology is $150 million.

Fengxing Technology has signed a capital increase agreement with IDGVC and Baring Asia, in which Baring Asia invests US$10 million and obtains 10% of the equity, and IDGVC invests US$5 million and obtains 5% of the equity.

After the capital increase, the equity ratio of Fengxing Technology was changed to: Lin Feng 63.75%, Baring Private Equity Asia 10%, Wang Hao 8.5%, Li Dong 8.5%, IDGVC 5%, and Ye Weiyu 4.25%.

Fengxing Technology has a post-investment valuation of $100 million.

After the agreement was signed, Guo Yihong smiled bitterly at Xu Xin: "Mr. Xu is really amazing!"

Xu Xin smiled: "Young, aren't you also optimistic about the development of Fengxing Technology?

Lin Feng laughed and shook hands with the two of them respectively: "Yes, everyone will be a family in the future, please give more advice." “

…………

Xu Xin moved quickly, and on the second day after returning to SH, $20 million reached the dollar accounts of the two companies.

IDG moved a little slower, and the investment money arrived a week later.

With nearly 200 million more funds in his hand, Lin Feng's courage also increased.

Lin Feng announced the company's financing situation in the company, which lifted the spirits of all employees in the company.

With investment coming in, doesn't it mean that the company's development will be faster?

The marketing department began to plan several major activities, and the technical department was also thinking about opening new technical projects and multi-point R&D funds.

What's even more unexpected is that Lin Feng waved his hand and rewarded all employees of the three companies with an Ericsson T68 mobile phone.

Shocked everyone!

The boss is so arrogant!

You must know that now there are nearly 600 employees in the three companies combined, and the market price of a T68 is now 4880 yuan, and Lin Feng will scatter a small 3 million at once!

Lin Feng has his own plans in his heart.

On the one hand, I also hope to boost everyone's morale, so that everyone can feel that the company's development is closely related to them, and also share the joy of the company's growth.

On the other hand, it is also to let everyone better understand the company's business.

Ericsson T68 is now the first 256 color screen mobile phone on the market, support GPRS function, support version 1.2.1 WAP browser, support EMS (picture text message) and MMS (MMS) multimedia information, can easily send and receive pictures and ringtone signals, can also send and receive email, support Bluetooth technology, with infrared interface, to solve the problem that Ericsson could not download ringtones directly from the Internet before.

This mobile phone can meet almost all business forms in the current mobile value-added field.

Lin Feng asked that after everyone gets the mobile phone, they must provide the test report of each business line to the technical department, whether it is the download of pictures, screensavers, or website ringtones, whether there are problems with WAP browsing and games, whether they are convenient and easy to find, etc.

Let them try it out by themselves, find problems by themselves, and make suggestions by themselves, which can also be regarded as an internal business training for all employees.

For Lin Feng, 3 million was not a problem before financing, and now it is even more of a small amount of money.

Menglong, Fengxing, and Fenghua are all very excited, which company has such company benefits? !

Li Dong could only shake his head in admiration.

After all, he is the boss, and he would never think of such a decision.

…………

Both Baring Private Equity Asia and IDG have announced the news of the financing to the outside world, which has also caused shocks in the media and the industry.

The Internet companies that are struggling to survive are about to collapse.

How many companies have fallen in this round of Internet winter! Our days are running out, and we can't find investment everywhere, but these two companies are good, and they have found $25 million at once!

MD, if this money is invested in me, my company will come to life immediately......

Lin Feng is really famous in the Internet industry this time!

………………

With such a large amount of money, Lin Feng certainly wouldn't let the money be put in the bank to earn interest.

I discussed it with Li Dong.

First of all, the pace of Menglong Technology should be greatly accelerated: the establishment of Shanghai Branch, Chang'an Branch, Rongcheng Branch, and the previous Guangdong East Branch, forming four regions, covering the main regions of the country.

Each branch has an office, which is located in each province, and the sales team in the office is responsible for business access, and the marketing team contacts the media for cooperation.

The main personnel of the branch are dispatched by the headquarters, and some are recruited locally. The staff of the office are mainly recruited locally, after all, the operator and the media have local characteristics, and the local resources and contacts can be well utilized. Form a nationwide business layout as soon as possible.

It happened that during this time, Li Dong recruited many high-end talents, and there was no suitable position for the time being, so he put the position of deputy director of each department first, so that they could be familiar with the company's business. This time, they were all sent.

When it comes to the position of local princes, Li Dong doesn't dare to make his own decisions.

Lin Feng also got busy, interviewing these people one by one to understand their personalities and abilities.

The general manager of the four branches, Lin Feng's initial idea was that he must be the company's entrepreneurial veteran.

From the perspective of overall view and ability, it seems that it is not as good as the high-end talents who come in later, but at this stage, loyalty is still the first, after all, the business model is simple, and these people also have experience.

At the beginning, these people who joined the company and followed Lin Feng and Sha Hong to run business access are now all supervisors at all levels of the marketing department and sales department.

In the East Guangdong Branch, Lin Fengrang and Sha Hong were the first to go to East Guangdong to register a branch, and Liu Qiang, who had been staying in Guangzhou after Sha Hong came back, took over, which was also regarded as a correct name and reward.

The Shanghai branch was taken over by Wang Lei, the sales supervisor who was responsible for the access to the Shanghai market and successfully won the business cooperation of SH Oriental Channel.

The Rongcheng branch was handed over to Zhao Yi, who connected to Jiangsu and Zhejiang provinces for the company.

The Chang'an branch let Han Zhaoyin, who was the first to follow him to run the capital mobile access, and later served as the deputy director of the sales department, who is a native of Chang'an and is familiar with the local situation.

The general manager of the branch enjoys the treatment of the regional director, and is at the same level as the director of the marketing department and the director of the sales department of the company's headquarters.

As for the sales directors and marketing directors under the branch, they can let Li Dongxin's newly recruited talents go.

The treasurer must be directly under the head office.

Next, register local branches, transfer manpower, find a company address, and recruit locally.

After more than a month of busy work, it was possible to set up four branch shelves.

The overall architecture of Menglong Technology suddenly seemed much larger, and it looked like a big company.

It can be said that it is ready to go.

The management details behind Lin Feng were handed over to Li Dong to deal with.

He began to ponder the next step in the development of Fengxing Technology.