As a financial manager, Yao Yutong found that Slope Capital was really spending money during this time, and it had already used up a small 2 million in September.

According to the construction progress of Jijia Apartment Shizidian, a total investment of more than 7 million in the Jijia Apartment project in 14 years has been achieved.

However, at the end of December, the first tenants will be able to move into the apartment project, and the company has been established for so long that it can finally see the money back.

According to Zheng Wentong's estimates, the perennial occupancy rate of Jijia Apartment Shizi Store will not be less than 75%, and the average rental price of a single apartment is 2,000 yuan.

2000 times 460 times 0.75, the monthly rent is 690,000, and the annual rental income is more than 8 million.

In addition to personnel salaries, equipment maintenance costs, plant rent, and a rental income of more than 6 million a year, the first year was successfully recovered, and then it was a net income every year.

Yao Yutong now feels that Zheng Wentong's investment vision is good, and a Jijia apartment stone shop can feed back the normal operation of the parent company's slope capital.

Slope Capital added three more cars, a Mercedes-Benz S400L, a BYD e6 and a BYD L3.

Two of the BYD units were leased to its subsidiary Jijia free of charge. BYD L3 is basically driven by Zheng Anguo, e6 was left to Yang Jianwen, and the second-hand gold cup was left to Zhou Zhifa.

Cousin Yang Jianbin and his aunt signed up for a driving school together, and Zheng Wentong had promised him that after he got his driver's license, he would become Zheng Wentong's full-time driver and follow Zheng Wentong to do things.

Slope Capital finally has a personnel manager, a young lady named Chen Lei, who used to be the personnel director of Future-free, Zheng Wentong communicated with her well, so he poached her.

Jiang Nan hurriedly threw the personnel work in hand to Chen Lei, she was already busy these days.

Chen Lei's salary is 12,500 a month, and the performance bonus is calculated separately. The investment department finally ushered in its first employee, Xu Ru, a married young woman.

Xu Ru previously worked in a local state-owned venture capital company in Puhai, and later gave birth to a daughter and chose to become a full-time wife.

Of course, Xu Ru's husband's salary is very expensive, and he is also an executive of a venture capital fund company, so he doesn't need his wife to go to work at all.

Xu Ru considered that her daughter was already in kindergarten and could be handed over to her grandparents, and the working hours of Slope Capital were relatively relaxed, so she submitted a resume to try.

Personnel manager Chen Lei couldn't make up her mind, so she handed over her resume to Mr. Zheng for personal checking.

After Zheng Wentong interviewed Xu Ru alone in the conference room, he found that although she did not go to work, she was still very sensitive to market information.

In the end, I learned that Xu Ru would help her lover collect and organize some documents at home, so she was not completely out of touch with the workplace.

After thinking about it, Zheng Wentong shook hands and welcomed Xu Ru to join, and the investment department he was directly responsible for finally ushered in its first employee.

"Xu Ru, in order to facilitate your entry, because of the nature of your lover's work, I need to sign a confidentiality agreement for you, I hope you can understand."

"Of course, after signing this agreement, we will also compensate you to a certain extent in the salary part."

Personnel manager Chen Lei thinks that the human composition of Slope Capital is very interesting, except for the president, all the others are female employees, and they are all very beautiful, which is simply Zheng Wentong's harem group.

And the young man from the Jijia apartment of the subsidiary, by the way, there is also an eldest sister who is responsible for cooking, I heard that it is Mr. Zheng's little aunt.

On September 29th, Station B finally arranged a time to welcome Slope Capital to visit the company, and the company's founder Xu Yi and CEO Chen Rui were both in the company.

The parent company of station B is Puhai Phantom Information Technology Co., Ltd., with an office address at No. 310 Fasai Road, and a legal person of Xu Yi.

There are three people on the side of Slope Capital, CEO Zheng Wentong, financial manager Yao Yutong, and Xu Ru of the investment department.

Xu Ru is wearing a black OL skirt today, a white shirt, a silk scarf tied around the neckline, and big black waves, looking capable and charming.

Yao Yutong is not far behind, wearing a light-colored suit, black high heels, and flat glasses, with a few workplace elite tastes.

Because both ladies wore high heels, Zheng Wentong had to drive the S400L by himself, and he felt more and more necessary to hire a full-time driver for the company.

Yao Yutong had already done a lot of homework in advance, and Zheng Wentong asked her a few questions, and the answers were fluent, and he was quite satisfied with them.

"Mr. Zheng, I see that Bilibili has completed the A round of financing last year, and the company's valuation is not low, and the cost of investing in Station B at this time is not low."

"I got the news that Bilibili has begun to prepare for Series B financing, and has contacted many venture capitalists in the industry."

"Venus Ventures, Chinese Culture, and IDG-Accel are all interested in investing, IDG is the lead investment, and Chinese Culture and Venus are follow-ups, but Chinese Culture and Venus have differences on the valuation of Station B."

"Chen Rui, the current CEO of Bilibili, successfully operated Cheetah Mobile this year, he is really rich and free now, and the founder Xu Yi is willing to let Xian and let Chen Rui serve as the chairman."

"Chen Rui understands both management and investment, and has a good relationship with the venture capital circle, and has a personal relationship with Rebus.

"Of course, the competition between the two ACG websites was originally very fierce, but the internal friction between the founders of station A was too serious, so it led to the loss of hardcore fans and the growth of station B."

Yao Yutong has registered an account on station B, and she will also chase new ones on the website, the barrage culture of station B interests her, and the stickiness of users is indeed much stronger than that of general social networking sites.

When the black Mercedes-Benz S400L came to the parking lot under the office building, the employees of Station B had already seen the movement.

Li Ni, the vice president of the company, looked at the S400L and smiled, "This Zheng is always 90 years old, one year younger than Mr. Xu, maybe you have a common language." ”

Chen Ruida Xu Yi round, in fact, he does not agree with the two-dimensional culture, but he is very optimistic about the development prospects of Station B.

In 2011, he injected capital into Station B as an angel investor, after Cheetah Mobile went public.

After Station B completed the A round of financing, the founder Xu Yi and the investor IDG team invited Chen Rui to join Station B full-time.

"Maybe Mr. Zheng is also a senior user of our station B, just like Mr. Xu, because he agrees with the two-dimensional culture, so he intends to invest in our company?" Chen Rui guessed.

The staff of the administration department of station B was already waiting in the parking lot, and the little girl accompanied Zheng Wentong and his party to the fourth floor to start visiting the company.

Xu Yi walked in the front, Chen Rui followed closely behind, and then Li Ni, and the three of them welcomed Zheng Wentong and his party.

"Hello, hello" Xu Yi held Zheng Wentong's hand, the two of them are close in age, and they are both from technical backgrounds, so they do have a sense of intimacy.

Chen Ruili was very thoughtful, and followed behind to shake hands with Yao Yutong and Xu Ru one by one.

Li Ni felt that she was dominated by the two female employees of Slope Investment, and her face was a little unsightly, but she quickly adjusted.

Zheng Wentong knows that if you want to invest in Station B successfully today, you must first convince the founder Xu Yi and CEO Chen Rui, as for Li Ni's opinion, it doesn't matter.

Zheng Wentong first complimented Xu Yi, "Mr. Xu is really famous, it's better to meet, young and promising." Just graduated from college, I created such a big company, and the development is still so good. ”

"All the employees of our slope capital, including me, are fans of your B station."

Xu Yi actually doesn't like to deal with investors, but it is indeed quite rare to meet an investor who is one year younger than himself.

The two chatted about professionalism again, and Zheng Wentong put forward some suggestions from the perspective of programmers.

Xu Yi was surprised, "It turns out that Mr. Zheng is actually a programmer, and he has also done software development in Huafu Group before. ”

"I actually want to start a business, but I don't have a suitable project yet, so I have contacted several local Internet companies in Puhai, hoping to learn from each other and accelerate each other's growth." Zheng Wentong said very politely.

Zheng Wentong's meaning is obvious, I am indeed interested in your company, so the first stop is to give priority to you, but it does not necessarily have to be voted for you, and it is not advisable to ask for a sky-high price.

Li Ni took over at this time, "After Mr. Zheng returned from abroad, he registered and established Slope Capital, the company has been in business for almost two months, and he hasn't invested in a single project, right?" ”

Yao Yutong came forward to refute at this time, "Although Slope Capital currently has sufficient funds on the books, Mr. Zheng's investment philosophy is small and fine, although the eggs are placed in different baskets, but too many baskets are not good, and the total number of companies to be invested this year is expected to be no more than 4." ”

"Although we have not invested in other companies yet, Slope Capital currently has a long-term rental apartment project called Jijia, which will be profitable by the end of this year."

Chen Rui has also learned about long-term rental apartments before, such as Ziru, Danke, Qingke, etc., and there are also many employees at Station B who rent long-term rental apartments, but he thinks that this outlet has passed, and it is difficult to win against industry giants when he enters the game at this time.

Li Ni apologized, "I'm sorry, the information on my side is lagging behind, and I don't have an in-depth understanding of your company." ”

Zheng Wentong and three people from Station B, six people entered the conference room and began closed-door talks.

Xu Ru is a guest assistant today, responsible for sorting out and recording the meeting, and Yao Yutong provides the corresponding data of station B next to him. And Zheng Wentong needs to convince Xu Yi and Chen Rui himself, at present, Station B is not short of money, he has to tell these two what he can bring to Station B.

He had an idea, he first made a joke, "As a registered user of station B, I like the barrage culture of station B very much, and the reason why I want to invest in station B is for a trivial reason, I want to send out a barrage, 'I am a shareholder of station B', and then this barrage is officially certified." ”

Chen Rui doesn't agree with Zheng Wentong's nonsensical idea, but Xu Yi has often poured water at station A before, and has also pretended to be a women's clothing boss to attract users to join the group. Zheng Wentong's remarks won his approval and dispelled some of his wariness.

"To attract users of station B, the website can continue to provide original and high-quality content, which is also the core of station B's competitiveness."

"Your company needs to spend a lot of money to cause new problems, which is also a huge increase in your expenses every year, and it is foreseeable that in the next few years, you may be operating at a loss."

"Of course, we have also noticed that the data of DAU (daily active users) and MAU (monthly active users) of station B are growing rapidly, and for Internet companies, losses are not necessarily a bad thing, indicating that the company is expanding rapidly."

"Before completely defeating the competing company Station A, it is undoubtedly a drink to quench your thirst by opening member value-added services to increase revenue through fans of Station B."

"Then the future source of income is to introduce more games, and second, to open the live broadcast track. In the second half of the year, Slope Capital will focus on investing in ACG mobile game companies, and I am willing to use it as a medium to promote more in-depth cooperation between game companies and Bilibili. ”

Xu Yi was really moved now, he found that Zheng Wentong has enough understanding of Station B, and there is a kind of industry forward-looking, which can help Station B achieve better development, which is what he values more.

Chen Rui was a little moved, but revealed a little, "We have contacted several investment companies and are ready to complete the B round of financing. ”

"I know this, but Mr. Chen, the reason why I am willing to invest in your company is also because you are ready to become the chairman and CEO of Station B, and you are fully responsible for the operation of Station B."

"Your work experience at Kingsoft and Cheetah Mobile will help Bilibili better control costs and make reasonable use of each round of financing funds."

"As far as I know, in addition to IDG, several other investment companies have some disagreements on the valuation of your company, and Chinese Culture wants to complete the financing as soon as possible."

"And even if Station B is ready to be listed on the NASDAQ in the future, with IDG as the main investor, it is enough to contact the underwriter, and there is no need for another foreign fund with a complex background."

"Just yesterday, something regrettable happened on the other side of Xiangjiang, and the top management was very dissatisfied with it."

"Behind these ignorant and stupid young people surrounding Central, there are some foreign funds and NGOs behind them, and you should also consider the financial background when you bring in new investors."

Chen Rui was startled, and he was really shaken now. After all, Slope Capital was founded by Zheng Wentong, and he guaranteed that his source of funds was legitimate and could stand the test.

Then for Station B, Slope Capital will inevitably be an alternative to their B round of financing.

Now that the negotiations have been settled, it is time to discuss the financing ratio and the valuation price. Chen Rui himself is an angel investor of Station B, and IDG participated in the A round of financing of Station B last year.

They definitely want to give Station B a higher valuation, but Zheng Wentong only wants to make financial investments, and does not seek to become the majority shareholder of Station B, and the shareholding ratio of Slope Capital is about 5%.

This also requires further negotiation and negotiation between the teams of the two companies, and the management teams of Chen Rui and Xu Yi also need to communicate and negotiate with investors who have participated in the angel round and Series A round.

IDG agreed to transfer part of its shares, and Chinese Culture chose to follow-up, while Venus Ventures, which has a complex background, did not follow-up.

On October 14, 2014, IDG-Accel, Chinese Culture and Slope Capital participated in the B round of financing of Station B, with a total financing amount of 33.6 million US dollars.

Among them, Slope Capital contributed 5.4 million US dollars in this round, accounting for 6.75% of the shares, and the B round of financing valuation of Station B was 80 million US dollars.

Of course, due to the AB share setting adopted by Station B, the founder Xu Yi still firmly occupies the absolute control of Station B.