"The word jumps on the Internet, this name is so strange." Xie Wanting said subconsciously.

"'Word jump' means the organization and distribution of information in the era of information explosion." Su Yu sighed with emotion in Xie Wanting, looked at Mr. Zhang Yiming next to Gu Xianyan, Mr. Zhang Yiming of the 'word jumping network', and asked, "Mr. Zhang, it should mean this, right?" ”

Zhang Yiming heard Su Yu's understanding, and his heart was very shaken.

Indeed, Su Yu's analysis of the meaning of 'word jumping' is the original idea in his heart when he founded the company.

"Mr. Su is also from network technology?" Zhang Yiming asked in great surprise.

"It's not!" Su Yu shook his head with a smile, looking at the future founder of the 'Internet giant' who is only 29 years old, has only been founded for a year and has not grown up at all, and replied, "I have just read a lot of relevant industry research reports on the 'mobile Internet', and I have probably guessed the meaning of Mr. Zhang's two words." ”

"Is Mr. Su also optimistic about the future of 'mobile Internet'?" Zhang Yiming saw that Su Yu could perfectly understand the meaning of the word 'word jump', and felt that he had met someone with the same heart, and for a while, he couldn't help but be a little excited, "Is Mr. Su optimistic about the development of the organization and distribution of information?" ”

"Very optimistic!" Su Yu said without hesitation, "It's a pity that I don't understand technology, I ...... originally."

Su Yu paused, glanced at Gu Xianyan, and then continued: "Originally, I wanted to invest in such a company, but after real research, there are basically few companies in the market that focus on this aspect of technology, and they are large-scale. ”

"That'...... What does Mr. Su think of our 'word hopping network'? Zhang Yiming couldn't help but ask.

The reason why he is here tonight is that the money raised in the initial stage of the 'word hopping network' has been burned, and in the basic situation of the industry where the 'mobile Internet' is still in full swing, he needs to raise more money to develop the company, occupy the first-mover advantage in the special technology track he has opened up, and take advantage of the east wind of the 'mobile Internet'.

And Gu Xianyan's DST investment company was the first investment institution he contacted after he made up his mind to raise money.

Of course, the reason why he came to DST Investments.

On the one hand, it is due to this investment company, which likes to invest in the domestic Internet industry, and he can get relatively favorable financing conditions; On the other hand, he had contact with Gu Xianyan before, and he could be regarded as friends.

"Very optimistic!" Su Yu replied firmly, "In the era of information explosion, people will waste a lot of time sifting through information, if we can accurately push useful information for everyone to see through a technical performance, its traffic acquisition and user acquisition will definitely get twice the result with half the effort." ”

"That's just as well!" Xie Wanting interjected next to her, "Every time I rummage through the market for useful information, I have to look for half a day, and now the search engine is not as easy to use as before, and it often wastes a lot of time in information retrieval and collection." ”

"I didn't expect my sister and Mr. Su to be so optimistic about the future of network information organization and distribution." Gu Xianyan was a little surprised and said, "I heard that Mr. Su's 'Yuhang Investment' company not only participates in secondary market investment, but also involves equity investment in the primary market, I don't know if Mr. Su is not interested in the project of 'word hopping network'?" ”

Su Yu never expected that Gu Xianyan would take the initiative to bring it up at this time, and he was very surprised in his heart, but on the surface, he was still full of smiles and said calmly: "The so-called gentleman does not take the favor of others, although I am optimistic about the future of the 'word jumping network', but since Mr. Yan, your DST has been in contact with this project, then I can't intervene sideways, right?" ”

"Su always thinks too much!" Gu Xianyan said, "The financing conditions that Mr. Zhang wants cannot be met by our DST alone. ”

"Won't it?" Su Yu was really a little surprised this time.

According to his impression, DST investment company is a powerful investment company, although it is a Russian-controlled investment company, but its financial strength should not be underestimated, it has also invested in many Internet companies at home and abroad, and basically, it is a large investment of more than 100 million US dollars.

"Mr. Zhang's demand is about 50 million US dollars." Gu Xianyan said, "But our DST investment company, on this project, only has a maximum amount of 30 million US dollars, and the difference of 20 million US dollars is also the key to my dinner with Mr. Zhang tonight." ”

"It's just that I didn't expect to meet Mr. Su here......"

"I know that your 'Yuhang Investment' company, although it has been established for a short time, has made a lot of money in the financial market, and the investment of two or three hundred million US dollars should be nothing to Mr. Su, right?"

"It means ......" Su Yu understood, and said, "You DST will lead the investment, and we'll follow the investment with Yuhang Investment, and then complete the entire Series B financing plan of the 'Word Jump Network'?" ”

Gu Xianyan said: "Basically, that's what it means, of course...... If Mr. Su is unwilling, then I can only continue to discuss with Mr. Zhang, and our DST investment company will continue to introduce one or more investment institutions to complete the B round financing plan that Mr. Zhang wants. ”

"I don't know what Mr. Gu's DST company is currently valued at 'Word Hop Network'?" Su Yu asked, "If the valuation is right, I can follow suit." ”

"Since Mr. Su is interested...... We can sit down and talk slowly. Gu Xianyan said with a smile, "And I think that since Mr. Su is optimistic about the development of this direction, the market valuation that our DST can accept, Mr. Su should ...... It's also acceptable. ”

Zhang Yiming saw that Gu Xianyan persuaded Su Yu to participate in a few words, and he was very impressed in his heart.

In fact, the financing conditions he asked for this time were higher than the last time, and the DST investment company, under the persuasion of Gu Xianyan, gave the valuation of 'Word Hop Network' to him, which was also very beneficial to him, and significantly higher than the valuation level of similar network technology companies in the market.

And this is also the reason why DST investment companies are reluctant to participate after agreeing to lead the investment.

This made the Series B financing plan temporarily stranded.

"Okay!" Su Yu pretended to think for a while, then nodded, "Then let's find a place and talk about it!" ”

For him, a reborn person, in the context of knowing that the 'word jump network' will inevitably develop and grow in the future, no matter what price and valuation the other party offers, he will participate.

After all, compared with the market valuation of thousands or trillions of 'word hopping networks' in the future.

At this time, even if the valuation led by DST investment companies is 30% to 50% higher than the market average, compared with the explosive return on investment of hundreds or even hundreds of times after the subsequent development and growth of the company, the higher cost is basically negligible.

After Su Yu agreed......

Gu Xianyan and Zhang Yiming instantly became familiar with him.

In fact, the age gap between the three is not big, even among the three, the eldest Zhang Yiming is only five years older than Su Yu, so ...... In talking to each other, there are quite a lot of common topics, and there is basically no topic gap, age gap and the like.

It's Xie Wanting, after the three of them talked about it deeply, they couldn't say anything.

And the investment projects that the three of them talked about had nothing to do with her.

So, after walking out of the restaurant together, Xie Wanting said goodbye to the three of them and left under the escort of a Rolls-Royce that had been waiting for her for a long time.

Later, the three of them went to a quiet café and ordered a few cups of coffee.

Just sit down and start talking.

"Mr. Su, this is the project team of our DST investment company, for Mr. Zhang's 'word hopping network' company's several investigations, valuation of the original documents, you take a look, if there is no opinion, let's continue to talk." Gu Xianyan said, and passed several documents on his mobile phone to Su Yu using Bluetooth, "If there are some places that you think are inappropriate, you bring them up, and we will discuss them together." ”

Su Yu bowed slightly, received the document, and then looked at it carefully.

Then, about half an hour passed.

Su Yucai put down his mobile phone and said with a smile: "I didn't expect that after Mr. Zhang established the 'Word Jump Network' company, in less than a year, he has developed 12 apps in addition to the core product 'Today's Headlines', such as 'Connotation Jokes', 'Funny Embarrassing Journey', 'Connotation Comics', 'Good-looking Pictures', etc., which is amazing!" ”

"Thank you Mr. Su for the compliment." Zhang Yiming said with a smile, "I think as long as the algorithm of information organization and distribution is more mature, the scale of related applications, users, and traffic can be further expanded." ”

"12 apps, 65 million users." Su Yu said, "The quarterly growth rate of users is about 20%, according to this trend...... I don't have much of a problem with your DST's $500 million valuation, but ......"

Hearing the turn in Su Yu's words, Gu Xianyan and Zhang Yiming were slightly nervous in their hearts.

His eyes were fixed on Su Yu's face.

But seeing Su Yu smiled, he continued: "At the current stage, several major Internet giants have begun to race wildly, and the layout is already the trend of the 'mobile Internet' field, and the future traffic competition will definitely become more and more intense, I am thinking...... In the face of direct competition from these Internet giants, Mr. Zhang's Series B financing, totaling $50 million, is not enough to burn in the next year or two? ”

"If you want to play, let's play a big one!"

"How about I increase my capital from the $20 million I originally planned to invest to $100 million?"

"Mr. Su plans to invest $100 million?" Gu Xianyan's eyes widened in shock.

When Zhang Yiming heard Su Yu's words, his heart was also extremely shocked, he didn't expect that under such a high valuation, the other party would actually take the initiative to increase capital.

"Enough, enough, $50 million is enough." Zhang Yiming hurriedly replied, "I am grateful that Mr. Su is so magnificent, but for our 'word hopping network', the financing needs of 50 million US dollars are enough." ”

$50 million in financing needs.

It was Zhang Yiming and several partners of the company who carefully determined it after repeated calculations.

This can ensure that the company can develop steadily under the tide of 'mobile Internet', and at the same time, it will not be diluted too much by financing institutions early on, and lose a lot of development rights and profits in the future.

Ultimately......

This is not the first time he has started a business.

Although he understands that the development of the company is inseparable from the financial support of investment institutions, and in the extreme outbreak cycle of business, it is inevitable to raise funds, but in fact, after several entrepreneurial experiences, he is still very wary of the entry of investment institutions, and it is impossible to set aside a lot of equity shares in his hands early.

Therefore, it is recommended that Su Yu take the initiative to increase his capital.

Although it seemed that he could take advantage of it and allow the company to obtain more cash flow, he still decisively refused.

"That's a shame!" Su Yu sighed slightly.

The investment of 20 million US dollars, according to the valuation standard of the leading DST investment company, can only occupy 4% of the current equity interest in the 'word hop network'.

All I can say is...... Better than nothing!

Of course, compared with the trillions of market valuations of 'Word Hop Network' 10 years later, this 4% equity can still be worth tens of billions.

However, such a premise is also in the case that the 'word jump network' does not continue to raise funds and the shares are not continued to be diluted.

And Su Yu knew that this was basically impossible.

"Then let me add one." Su Yu paused and continued, "If you have no opinion on this one, then I will vote without hesitation." ”

"On what terms?" Zhang Yiming asked.

"Priority for follow-on financing." Su Yu said with a smile, "That is, the 'word jump network' in the future C round, and even during the preparation period for listing, PE stage financing, we' Yuhang Investment 'all enjoy the same valuation conditions, priority to lead the investment, what do you think?" ”

Zhang Yiming pondered for a moment, nodded and said, "Yes!" ”

Su Yu's so-called priority does not have much binding force on him, and even on the 'word hopping network'.

After all, at the financing stage, it doesn't matter at all who leads the investment, whose money is not money? Not to mention...... According to the understanding of this period of time, he has already understood that the young man named Su Yu in front of him, who is much younger than him, has gone farther than him on the road of entrepreneurship, and his future prospects are limitless.

Making such a friend who is in charge of a 10 billion private equity institution will not suffer a loss for him.

"Then there's nothing wrong with that." Su Yu smiled and said, "In the past few days, I asked the head of my company's venture capital department to dock the follow-up signing matters, as long as the contract is signed, the investment funds will be received immediately, this point, please rest assured that Mr. Zhang will not delay your company's business promotion." ”

"Good!" Zhang Yiming responded, "It's still Mr. Su's happy." ”

Su Yu said with a smile: "A good investment project, there is no need to hesitate at all, I am also very happy to meet Mr. Zhang and Mr. Gu today." ”

"It's still Mr. Su's atmosphere." Gu Xianyan couldn't help but praise.

For the $20 million project, Su Yu only read the research report for more than half an hour before making the final investment decision, and if it weren't for Zhang Yiming's refusal, the other party was ready to invest $100 million directly, which made Gu Xianyan simply breathtaking, and had to admire it from the bottom of his heart.

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