ps. Present today's update, by the way, pull a vote for the starting point 515 fan festival, everyone has 8 votes, and the vote will also give the starting point coin, kneel and beg everyone to support and appreciate!

After several tentative confrontations, Chen Fan found that he really had nothing to do with Yang Yun, the little witch. Pen? Interesting? Pavilion wWw. ｂiquge。 ｉｎfo

There are also a lot of things in this time umbrella and depth, and he hides in the company out of sight, so he can only secretly hope that Su Yu's nature will be straighter and not be spoiled by Yang Yun......

******

After moving out of the Chaofan Internet café, Guardian Company rented an office on the 12th floor of China Resources Building in Songzhou Chengnan Development Zone.

After receiving venture capital, Deep, Guardian, Umbrella Technology, and Umbrella Computer Technology have made a series of adjustments.

The Guardian Company became a wholly owned subsidiary of Deepin Corporation, and the original shareholders of Guardian Corporation received a pro rata $25 million and an adjusted 8.12% equity interest in Deepin Corporation.

After the adjustment, Umbrella Technology owns 70.68% of Deep's equity, and Walden, IDG and Sequoia Capital each own 7.07% of Deep's equity.

The remaining 8.12% of the original shareholders of the Guardian Company hold personal shares, Chen Fan 10%, Chaofan Internet Cafe 20%, Liu Wenhuan 10%, Deng Wenhua 10%, Zhang Lei, Dai Lidu and other 9 people at the beginning of the business, a total of 30%, and other employees.

The distribution of the acquisition price of 25 million US dollars is also according to this ratio: Chen Fan 2.5 million, Chaofan Internet Cafe 5 million, Liu Wenhuan 2.5 million, Deng Wenhua 2.5 million, Zhang Lei and other 9 people 7.5 million, and other employees a total of 5 million.

The acquisition of Guardian Company with 25 million US dollars and 8.12% of the deep equity seems to be very expensive, but in fact, the Guardian is still a slight loss, because it originally owned 50% of the equity of the depth, and after the acquisition, the 50% equity was cancelled free of charge, and the equity price of the three venture capitalists who lowered the depth of investment was also realized here.

However, the merger and acquisition of the guardian is the premise that the three venture capitalists are willing to accept the offer, and from the perspective of the guardian company, the shareholders have not invested much, and it cannot be said that they have suffered a loss if they can get 25 million US dollars and retain 8.12% of the shares.

After the in-depth acquisition of Guardian, Chen Fan proposed to absorb personal investment with the equity of Umbrella Technology.

Umbrella Technology originally had two shareholders, Chen Fan 80% and Liu Wenhuan 20%.

In addition to solving the problem of its own funds, the internal financing of Umbrella Technology is also aimed at adjusting the equity structure of Umbrella Technology. Therefore, although Chen Fan also had $2.5 million in his hand, he did not participate in this financing.

Umbrella Technology turned out to be just a leather bag company registered through an agent, without a penny of its own funds.

Now, after the adjustment of the company's framework, Umbrella Technology owns 70.68% of the shares of Depth and 50% of the shares of Umbrella Computer, becoming a holding company.

At this time, the equity of Umbrella Technology is very attractive. In the end, Umbrella Technology raised $18 million with an 18% new stake (adjusted 15.25%), and Chen Fan's stake was also diluted to about 68%.

In general, the result of this financing is that the deep payment of about 21% of the shares to get 50 million US dollars, the shareholders of Guardian Company gave up the shares of Guardian to get 15.25% of the shares of Umbrella Technology and 4.5 million US dollars in cash, Chen Fan in 80% of the shares of Umbrella Technology was diluted to 68%, and still has 2.5 million US dollars in cash.

After the three ventures made their investments, they did not just let Deepin Company go, but left personnel to help Deepin Company further formalize its management and improve its corporate governance structure. At the same time, they also deepened their influence on Deepin, including forming and improving the board of directors, becoming a member of the deepin board, etc.

Deep companies also need the help of venture capital funds, not to mention that it is much easier to recruit professional management and technical talents than before.

With the injection of venture capital, Deepin has abundant funds.

However, whether to let go of his hands and feet to burn money when he has money, Chen Fan has different ideas from the venture capitalists.

After the financing, Deepnet will be listed on the NASDAQ, which is the common goal of Umbrella, the three venture capital funds and Goldman Sachs.

But Chen Fan and venture capital funds have disagreements on how to go public.

The three venture capital funds hope to deeply burn money and increase website traffic, influence, and revenue on a large scale, and it is acceptable to incur a large amount of losses in the process, and even further additional investment.

Chen Fan believes that the deep company must not incur losses in 98 years, and must use the products of the guardian company to generate pre-tax profits of more than 1 million US dollars.

The disagreement arose because of the different Nasdaq listing standards that the parties wanted to agree on.

There are three criteria for listing on the Nasdaq national market.

Each of these three criteria has its own requirements in terms of minimum number of investors, minimum public float, total market capitalisation of public shares, minimum offer price, market maker, operating history, asset position, pre-tax earnings and corporate governance.

For Deepin, the difficulty of meeting these three criteria varies.

For Deepin, the key to Standard 1 is a pre-tax profit of $1 million, and for Deepin, as long as it does not burn a lot of money and incurs too many expenses, it is not too difficult to achieve Standard 1 with the income of the Guardian Management System.

In these years, it is simply unreasonable for Internet companies not to lose money, and the venture capital fund initially wanted to let the depth reach the standard three as soon as possible.

The key to criterion three is total revenue and total assets of $75 million (or pre-tax earnings of $75 million).

It is impossible to make a pre-tax profit of 75 million US dollars in a short period of time, and it is easy to have a total asset of 75 million, as long as you raise a little money.

Chen Fan believes that the total revenue of Shenshen Company should reach 75 million US dollars, and no matter how much money is burned, it will take 2000 at the earliest, and it will be too late to go public at that time.

Standard 2 does not require income or pre-tax profit, but Standard 2 requires the company to be established and operated for at least two years.

This time, the disagreement between Chen Fan and the venture capitalist was only a small friction, and the interests of both sides were still the same.

And now the end of the year is just over three months away. In the end, the two sides reached an agreement: in 98 years, Deepnet first expanded non-cost investments such as fixed assets, with the goal of achieving a profit of 1 million US dollars; After entering 99 years, the deep network has further expanded in an all-round way.

Although this skirmish was successfully resolved, Chen Fan and Liu Wenhuan still realized that they could not rely too much on venture capitalists, and it was still necessary to seize the initiative in personnel by themselves.

Chen Fan is not involved in the specific affairs of the company's operation, and after the company's framework is straightened out, his affairs are gradually reduced.

At the end of September, he was bored to participate in a local recruitment of a deep company.

Wang Bin later joined Deepin and is now the HR Manager of Deepin. He is somewhat familiar with Chen Fansuan and knows that the Chen family is the largest shareholder in depth. After the company's financing adjustment, Chen Fan took the position of assistant to the chairman of the umbrella company, which can be regarded as the senior management of the parent company.

Wang Bin was very helpless that Chen Fan suddenly came to participate in the in-depth recruitment, and Chen Fan came to play at all.

This recruitment is aimed at civilian personnel, mainly to recruit secretaries.

Wang Bin, as an in-depth personnel manager, did not need to participate in this kind of recruitment. He was confused about the prince of the head office who suddenly came to participate in the in-depth grassroots recruitment work, so he had to accompany Chen Fan to participate in the recruitment.

Chen Fan didn't pay much attention to this kind of recruitment, he just had nothing to do with Yang Yun at school, skipping class to kill time.

He pulled Wang Bin to sit in the corner of the interview table and whispered, commenting on the girls who came to apply for secretarial jobs.

The personnel in charge of recruitment in the personnel department were more serious and asked more professional questions because of Wang Bin's presence, but Chen Fan was whispering to Wang Bin on the side.

Chen Fan whispered to Wang Bin: "You know that two girls come to apply for secretarial jobs, one is graduated from a key university but has no work experience, and the other is an ordinary school graduate but has secretarial experience in a regular company, which one should we recruit?" ”

Wang Bin responded politely: "As a newly established company, we should choose the one with work experience. ”

Chen Fan shook his head and whispered to him: "The one with the best looks should be recruited." ”

Wang Bin has a black line.

Chen Fan asked again: "If both of them are beautiful, and the one who graduated from a key university is a foreigner, and the one who graduated from an ordinary university is a local, which one should we recruit?" ”

Wang Bin knew that Chen Fan was messing around, and he was not fooled.

He asked rhetorically, "Which one should I recruit?" ”

Chen Fan told him without shame: "The one with bigger breasts." ”

……

Chen Fan was indeed fooling around, he was just angry with Yang Yun at school, and he was a little bored when he came to the company, so he made a boring joke with Wang Bin.

If Wang Bin took this kind of joke seriously and recruited people indiscriminately, it could only mean that he couldn't do a good job as a personnel manager, so Chen Fan didn't take this matter to heart.

However, what Chen Fan didn't expect was that he made a boring joke with Wang Bin at the in-depth job fair on a whim, which did not have an impact on the in-depth recruitment, but a few days later, the deep-in company recommended a "good-looking, big-breasted" secretary to the umbrella technology company as his full-time secretary.

The news of the entry of this "good-looking, big-breasted" secretary quickly made him reap Chen's mother's dissatisfaction and Yang Yun's contempt.

[It's about to be 515, I hope to continue to hit the 515 red envelope list, and the red envelope rain will be able to give back to readers and promotional works on May 15. A piece is also love, and it must be better! 】