With the official start of the financing meeting.

Byte's staff also walked out one after another, appearing in the venue with a financing bidding intention form.

Chu Man, who had just left, also appeared in front of Gu Cheng again with several staff members holding documents.

At her command, thick stacks of papers were neatly placed on the table.

"Mr. Gu, this is all the financial reports and business growth of Byte Leap from April 1, 2014 Series C financing to the present, you can briefly check it.

In addition, this is the bidding document for this Series D financing, on which you can fill in your psychological valuation and intention share, and Mr. Gu can rest assured that this bidding letter of intent can be obtained by no one except for the seven board members who are responsible for the D round of financing. ”

Seeing that the staff had already put down the financial report information, Chu Man also carefully placed a gray-brown cowhide document bag in front of Gu Cheng...

"Thank you for your hard work."

Gu Cheng bowed slightly and greeted politely.

It wasn't until Chu Man's back gradually disappeared that Gu Cheng turned his head to look at Lin Xiao: "Fill it in directly?" ”

In this financing meeting, Gu Cheng did not bring a large group of professionals like other investment banks.

The so-called financial statements and business statements Gu Cheng couldn't read, but because he had the memory of his previous life, he didn't mean to check these things.

He just needs to know that in five years, the valuation of bytes will exceed $400 billion.

When Lin Xiao heard this, he nodded lightly and said, "Fill in the numbers I told you, and then just sit back and wait for the notice." ”

"Don't you have to say hello?"

"What should be said has already been said to the byte decision-makers, so there is no need to repeat it.

In addition, I just asked that Chu Man to remove the seat of the Forest Group, sitting here is already equivalent to passing on information, if Zhang Yiming still doesn't understand, then he is not qualified to be the president of Bytes. ”

Gu Cheng bowed slightly, and then took out a page of bidding documents with an inexplicable fragrance from the cowhide bag, and first filled in the [Valuation] column with 9 billion US dollars.

Later, he also wrote an 8% in the [intended equity] column.

As for the other columns, Gu Cheng didn't even look at them, and finally wrote his name and company name in the signature office.

After all, it's just a bidding document, and it's not a contract with legal benefits, just fool around a little...

If it is a formal financing contract, then the regulations in the contract are hundreds or thousands, even if you invite the most professional lawyers, you have to study for a period of time before you dare to formally sign, and it is often hundreds of millions of billions of investments, who dares not to take it as a thing?

After Gu Cheng finished signing, he had just put the documents back into the kraft bag, and the byte staff who had been on the sidelines also glanced at him in surprise...

You know, this round of bytes is reserved for a full hour.

Although the major capitals have probably collected most of the detailed information of Byte Leap before participating in this financing meeting, they still have to do some superficial work, right?

On the other hand, Gu Cheng's side went from sending the document to signing.

There are no more than 3 minutes in between.

Are these young people just coming to join in the fun?

Although I was puzzled, out of professionalism, the staff also came over and asked: "Mr. Gu, has your company's bidding documents been filled in?" ”

Hearing this, Gu Cheng also raised his head slightly, glanced at him and said, "That's right." ”

"That's right, if Mr. Gu doesn't need to reconfirm, I will seal the document bag with fire paint to ensure that the information you fill in will not be known by other unrelated people."

Nodding, Gu Cheng didn't say much, and gently pushed the document bag in front of the staff.

Although the document sealing is just a simple process, the staff is also very serious and serious, and there is even another staff member to take pictures for backup...

Gu Cheng looked at this scene and was also a little curious.

Zhao Tai, who had been sitting next to Gu Cheng, looked at Gu Cheng's expression, and also leaned sideways and explained in his ear: "This is the basic process of the bidding meeting.

Don't look at you as a simple fill-in, but in the eyes of the outside world, it's a top-secret document.

There are more than 20 seats on the board of directors of bytes, but only 7 people are directly responsible for this financing, and the others are only work assistance, that is to say, only these 7 people have the qualifications to directly view the major capital bidding documents, once leaked, it is a trade secret to be exposed...

If it affects the financing process, maybe these staff members will go to jail and take it seriously. ”

Hearing Zhao Tai's explanation, Gu Cheng nodded and made it clear.

Although the wealth status has gone up, because of the lack of experience, the experience is still a little weak.

However, Gu Cheng didn't slap his swollen face and become fat, he didn't know how to pretend to understand, he still had to study when it was time to study, because he knew that no matter how white he was, no one dared to despise him.

And in the area of other capital companies, it behaves much more professionally...

Almost every company, regardless of its size, brings in professionals who carefully look through financial reports and business documents to make a final assessment before raising a fund.

Time passes slowly...

Compared to the tense atmosphere of other companies, Gu Cheng's side is much more relaxed...

A few young people don't seem to have put this financing into their hearts at all, and are still chatting about some inconsequential things.

"Brother Lin, two days ago you said to help me get a bulletproof car like yours, what happened?"

Listening to Gu Cheng's inquiry, Lin Xiao also smiled softly and said, "I have already handed over the application for you, and when the resources on the military industry are approved, it should be able to start manufacturing."

But don't worry, I'll hand over this car to you in three months at most. ”

Before Gu Cheng could respond, as if he had thought of something, Lin Xiao continued: "But I have to tell you in advance, the customization fee starts at 60 million, you must call me as soon as possible, and the approval of various departments must confirm the payment, otherwise you can only blame yourself if the delivery time is delayed." ”

"Understand, it's only tens of millions, and I'm not going to drag it out.

But I can tell you, since you want to do it, you must get me the best one, don't save me money, there is no big money, I am still willing to spend a little money to enjoy it. ”

"Then it's estimated to be hundreds of millions."

"It's just tens of millions more, and the difference is not big."

Lin Xiao: "......"

Principal Wang: "......"

Zhao Tai: "......"

Gu Cheng didn't see their speechless expressions, but thought slightly in his heart, when he was tired of playing in China, he would definitely have to go abroad for a while, and it would definitely be worth spending 100 million to ensure his safety.

And Lin Xiao also said that it is normal to be troublesome to go through the official approval, and Gu Cheng also understands it very well.

But what seemed to be a very normal conversation between the two reached the ears of several other people, but it was another Versailles remark...

Principal Wang glanced at Gu Cheng with some envy.

He coveted Lin Xiao's bulletproof car for more than a day or two, and even begged him to apply for one, but it was not approved, and Gu Cheng simply opened his mouth, and Lin Xiao promised that it could be delivered within 3 months...

That's too much discrimination, isn't it?

I'm still not the chief rich second generation on the surface?

As for Yu Wenwen and Chen Guo, who were sitting on the other side, their hearts were churning again...

The minimum customization cost is 60 million, and it is likely to break 100 million...

You must know that the actual price of the most purchased private jet [Gulfstream 650] by the bigwigs is also about 400 million, and this car can be worth a quarter of the private jet, how luxurious it should be, the two of them can't even think about it...

I only felt that when I came out with Gu Cheng, it was like coming to a new world...

"Oh yes, before I came, I planned to buy a batch of business cars to use as the company's courtesy car, Brother Lin, you have a wide road, help me get a batch?"

"Rolls Royce? Bentley? Or Maybach? ”

"Let's have a little bit of these brands."

"Okay, I'll ask someone to contact you when I go back today, these cars are simple, as long as the money is in place, you can get it at any time."

After responding to Gu Cheng, Lin Xiao seemed to think of something again, and said again: "I remember that your company doesn't seem to have a fixed address now, are you interested in moving to the capital?" Most of the old men in the family are based in the capital, and you can develop a little better here. ”

Gu Cheng smiled faintly when he heard this: "Forget it, in my eyes, there is no difference between the capital and Shanghai, the second grandfather is in Shanghai, who would dare to secretly make a trip for me?"

And some time ago, I was planning to build a headquarters building, and the land resources management in Shanghai also intended to grant me a piece of land at a low price, if it can be negotiated, at least I can save more than a billion yuan, and there is no such benefit when I get to the capital. ”

"Also, as long as Old Man Gu is here, there is no difference between the capital and Shanghai for you."

Letting Gu Cheng come to the capital was also because Lin Xiao wanted him to get closer to the inner circle, and since Gu Cheng was unwilling, he didn't force it.

Between small talk, more than an hour passed quickly...

The bidding documents of major companies have long been accepted by Byte.

Jiang Bo, the host of the financing meeting, Byte CFO, appeared in front of everyone again.

Jiang Bo was dressed in a neat suit, holding a small card, and looked around with a smile at the media reporters and major capital parties in the circle.

The media reporters who had been waiting for the news also knew that the results of the first round of bidding had been obtained, and they immediately cheered up, fearing that they would miss any information announced by Jiang Bo.

"The first round of this financing bidding is 65 companies, and after the preliminary screening of the board of directors, there are always 11 companies whose bids are close to the company's intentions.

The eleven companies are Heung Kong CCB International Co., Ltd.

Sequoia Capital Fund (Huaguo Holdings).

Samri Province Edo Softbank Bank Group.

Shanghai Grey Rhino Capital Holdings Limited.

Hangzhou Stone Capital Holdings Limited.

....

....”

"In order not to delay the precious time of major companies, I announce the official start of the second round of bidding for financing, which will be participated by the 11 companies just announced...

Representatives from other companies can stay and watch or be taken to the Ritz-Carlton by our company staff for a meal. ”

After Jiang Bo's words were finished, the major capital parties were not surprised, and everyone knew that the real competition was between these 11 head capitals, and these companies that failed in the bidding were nothing more than to brush their faces...

After all, companies also need qualifications.

In the future, their company has also participated in tens of billions of dollars in financing bidding, which is a perfect qualification!

The media reporters who had been waiting for a long time also edited the manuscript and sent it to their respective companies.

Gray Rhino Capital, a capital company that was not loud before, has officially entered the sight of Huaguo Capital Circle.

........

........

There is no difference between the second round of bidding and the previous round.

It's just a matter of filling out a new bidding paperwork, with the only difference being that the reservation time has changed from 1 hour to 20 minutes.

This time, Gu Cheng didn't even spend 3 minutes, and it only took 20 seconds to fill out the bidding paperwork.

This scene fell to Shen Peng, Sun Zhengyi, and Zhao Kegou, but in their eyes, it had another meaning.

In addition to sufficient funds, each of their major capitals each company also has a strong influence, so they have no worries about financing failure...

And what about Gu Cheng's gray rhinoceros capital?

No matter how rich it is, it is just a new capital.

Why is it more brazen than they behave?

The brains of the capital are all big, and for a while, these capital bigwigs are all brain-open, thinking about whether Gu Cheng still has any hole cards hidden...

And Zhao Kegou, who is closest to Gu Cheng's performance, is like a gloomy smiling tiger, knowing that Gu Cheng has sufficient funds, and even filled in an extra $100 million in the valuation in the second round of bidding documents, rising from a valuation of $11 billion to $11.1 billion...

It can be said that this valuation is aimed at Gu Cheng...

Another hour passed, but none of the 65 company representatives left early.

If nothing else, Byte's Series D financing will be confirmed today, although they have lost the qualification to share the cake, they also want to stay on the scene to see which companies can get a share of the big cake of Byte Leap.

Several figures appeared on the stage again, and this time it was not the previous host Jiang Bo, but Zhang Yiming, the president of Byte Leap.

Zhang Yiming spent a few minutes talking about the scene before he began to announce the bidding results.

"The bidding results have come out, and after the resolution of the board of directors, CCB International, SoftBank Bank Group, Sequoia Capital, and Gray Rhino Capital will negotiate the final financing details, and representatives of major companies will be invited to the conference room to carry out the final process of this financing."

As Zhang Yiming's words landed, everyone was clear.

Cake...

The so-called negotiation of the final financing details is nothing more than negotiating a share of the cake.

At the invitation of Zhang Yiming, Gu Cheng, Lin Xiao, Sun Zhengyi, Zhao Kegou, and Shen Peng slowly got up and walked to the backstage conference room.

Once again, the reporters began to edit the text.

You must know that the highest number of reads of the manuscript uploaded an hour ago has even exceeded 500,000, which is enough to prove that in addition to major capital companies, there are countless ordinary people who are paying attention to every process of this financing.

...........

...........

In the office, Zhang Yiming and several other board members who were responsible for the financing sat on one side, while on the other side sat the capital side represented by Gu Cheng and others.

Chu Man sat on the sidelines, intending to use a notebook to record the content of the negotiation.

"First of all, before the negotiation of the details of this financing, please sign a confidentiality agreement, this detailed negotiation is related to our company's future strategic planning, it is a commercial secret, and please understand."

After speaking, several documents were handed to Gu Cheng, Sun Zhengyi and other representatives of the capital side.

Several other bigwigs have signed not a hundred but eighty copies of this kind of confidentiality agreement, and they have long been surprised, but after a little look at the content of the document, they signed their names on the confidentiality agreement without hesitation.

Gu Cheng looked at it a few more times with a bit of novelty, but when he saw that everyone else had signed it, he also signed his name directly.

When the confidentiality agreement was put away, Zhang Yiming organized his words and slowly opened his mouth.

"In this Series D financing, we at Byte Leap intend to take out 13% of the share for financing, and we have given a valuation of $11 billion according to the bidding intentions of your major companies.

If you agree with this estimate, we have the premise to move on. ”

Everyone muttered slightly for half a minute, and Shen Peng of Sequoia Capital took the lead in speaking: "Agreed." ”

Sun Zhengyi: "Yes." ”

Zhao Kegou: "I also agree. ”

But Gu Cheng didn't speak for a long time...

Seeing everyone's eyes looking at Gu Cheng, Zhang Yiming hurriedly said: "This is the second regulation of this financing negotiation

Mr. Gu's valuation of Byte Leap is also $12 billion, but the actual financing amount is $9 billion, that is, 1% of the shares are 600 million soft sister coins, and the remaining 192 million soft sister coins for every 1% share are counted as resource financing.

Mr. Gu's intended financing share is 8%, which means that Mr. Gu will provide our company with resource support worth 1.536 billion soft sister coins.

The agreement has been formally approved by the Board of Directors. ”

After Zhang Yiming finished speaking, except for Gu Cheng and Lin Xiao, who were still indifferent, the three bigwigs Shen Peng, Zhao Kegou, and Sun Zhengyi raised their eyebrows.

Shareholding in resources is common in capital markets.

But they can't figure out what kind of resources can be worth 1.536 billion?

And listening to Zhang Yiming's meaning, this financing, Gu Cheng has already been decided? Even an 8% stake has been confirmed.

The other people had not yet spoken, and Sun Zhengyi said in a cold tone in not very proficient Mandarin: "I have no opinion on resource shareholding, but according to Mr. Zhang, you will take out a total of 13% of the share of financing, of which Mr. Gu accounts for 8%.

Then the three of us can only get 5%? ”

Zhang Yiming nodded: "That's what it means." ”

Originally, the D round of financing only planned to take out 10% of the shares, but Gu Cheng alone asked for 8%, if it wasn't for the fear that the remaining 2% would not be able to satisfy the appetite of other capital, the board of directors would not even let go and take another 3%.

You must know that according to the current development of bytes, let alone taking 3% more shares, even if you take 3/1000 more, the future loss may be in the billions.

"If that's the case, I don't think there's a way for us to negotiate that, and the minimum requirement for SoftBank is to get a 5% share.

If Mr. Zhang agrees, I can make the decision to add another $500 million to the $11 billion valuation.

I learned that Douyin's overseas version of TikTok has already begun to be developed, and we at SoftBank also have certain resources in international finance, which can greatly shorten the promotion time. ”

Zhang Yiming couldn't help but feel a little moved when he heard this...

But seeing Lin Xiao sitting next to Gu Cheng, he also suppressed his thoughts...

Although the conditions given by Sun Zhengyi are very fragrant, they are not as fragrant as the conditions given by Lin Xiao...

You must know that with the development of short videos, all kinds of side-kicking works emerge in endlessly, and regulators have long been staring at short video apps led by Douyin, Kuaishou, and Duanzi, and even once there was news that the above was going to start vigorously rectifying...

It's just that what he doesn't know is that this news is not groundless.

Kuaishou later had a 3-month self-examination off the shelves, and the worse joke was permanently removed from the shelves in April 2018, and the valuation of Toutiao was directly cut in half.

Douyin is developing too fast, and the foundation is unstable.

The most important thing at the moment is to seek asylum.

In any case, the foundation of bytes is still in China, and although the overseas market is fragrant, it is far less important than the domestic market.

Not to mention that Gu Cheng also gave a 1% and 600 million offer, even if 1% is only 500 million or 400 million, they will most likely agree, but they may be upset in the future......

From this point, it can be seen that the decision-making level of Byte is much more courageous than the other two companies, and knows what it means to prioritize.

"Mr. Sun, I'm sorry, I have to admit that the conditions you gave are very tempting, but for the sake of the company's development, I have to refuse you."

Sun Zhengyi didn't expect that he would be rejected if he raised the conditions so high, so he shook his head and said, "Since that's the case... Then I can only look forward to the next collaboration. ”

After speaking, Sun Zhengyi also stood up with the support of his assistant.

The 5% share will be divided equally among the three companies, that is, the share of less than 2% of one family...

He came to Huaguo from Sangri Country thousands of miles away, and he would definitely not be satisfied with such a point, and he was not Gu Cheng, so he couldn't see how far Douyin would develop in the future.

And Kuaishou's financing is also at this time, since the investment on the byte side cannot be successful, he also plans to invest in Kuaishou, another giant in the short video market.

Zhang Yiming also got up and sent Sun Zhengyi away, and there were only three of the original four capitalists left.

Gu Cheng and Lin Xiao couldn't help but glance at each other when they saw this scene.

Gu Cheng was thinking, if Sequoia and Jianyin couldn't accept it like Sun Zhengyi, then should he discuss with Lin Xiao and spend an extra 3 billion to directly eat the remaining 5%?

However, Shen Peng and Zhao Kegou didn't give Gu Cheng this chance...

After half an hour of negotiation, it was finally determined that each company would take 2.5% of the shares with 1.815 billion soft sister coins...

"After the financing is officially successful, Byte Leap will add five board seats, and Gray Rhino Capital will have three board seats, one for CCB International and one for Sequoia."

Two hours later...

With Zhang Yiming, the last regulation was agreed by Gu Cheng and others.

ByteLeap's months-long Series D financing has finally come to an end.

Gu Cheng's Gray Rhino Capital won an 8% share with 4.8 billion soft sister coins.

Sequoia and CCB International each won a 2.5% share with 1.815 billion.

In other words, Byte Leap's D round of financing has received a total of 8.43 billion development funds, which is as much as 1.77 billion more than the 6.66 billion funds in the D round of financing in the previous life...

Gu Cheng couldn't help but think about it in his mind for a while.

I don't know if there are more big wings worth 1.77 billion and start to instigate, will Douyin in this life develop faster than in the previous life... Bigger?

And in the nearly 3 hours of negotiation, Shen Peng and Zhao Kewei also knew what the resources that made Byte so excited and as high as 1.536 billion were...

If there are really those bigwigs to protect them, as long as Byte himself does not die, the future development in China will definitely be smooth!

Sequoia and CCB International also accidentally boarded an invincible giant ship...

For a moment, the eyes of the two looking at Gu Cheng changed again and again.

Originally, they thought that Gu Cheng's biggest background was the trillion-dollar giant of Chuangsheng Group, but now it seems that this is just a drop in the bucket of Gu Cheng's background...

Since his rebirth, Gu Cheng has always had the intention of investing in bytes...

And with Lin Xiao's assistance, Gu Cheng finally completed the biggest goal since his rebirth, and it was so simple...

This made Gu Cheng have to sigh that it is easy to do things only with a background...