Chapter 123: Interconnected Series B Financing!
The creator conference of Weitoutiao was very successful, and hundreds of thousands of people watched the entire live broadcast released by Weitoutiao's official account at the same time.
As the founder of a post-90s Internet company, Zheng Wentong is very popular in the Internet industry, the entertainment industry and the investment community, and he actually has a lot of fans on the Internet, especially after the 80s and 90s.
After all, the bosses who joined the Internet industry before the millennium were basically post-60s and post-70s, and there was a generation gap with young people who had just entered the society.
Thoughtful young netizens are very interested in Weitoutiao's "Spring Sprout Project" and Weiyue's "Sunshine Project", they have just quit their jobs in big cities and have no savings, so they may be able to try a different track.
Many netizens left messages in the barrage in the live broadcast room, "Help me up, I think I can still write!" ”
On December 30, 2015, the number of registered users of Weitoutiao exceeded 100 million, and the number of monthly active users exceeded 20 million.
Zheng Wentong fulfilled his promise to Xiong Xiaoge, and Slope Investment sold 5% of the equity to IDG Capital at a price of 25 million.
Because during the A round of financing, Slope Investment signed relevant agreements with IDG Capital, Venus Ventures, and Haitong Kaiyuan, so Venus Ventures and Haitong Kaiyuan did not object to this directional sale of shares.
On December 31, Puhai Connect completed the B round of financing, Haitong Kaiyuan withdrew, IDG Capital and Venus Venture Capital followed, and Puhai State Investment and Pulse Investment were newly introduced shareholders.
The latest valuation of Universal WIFI is 1 billion yuan, double that of half a year ago, but the number of users has exceeded 300 million.
Slope Investment originally held 85% of the equity of the Interconnection, and transferred 5% to IDG Capital in advance, so that Xiong Xiaoge agreed to the R&D team of Weitoutiao to establish Micro Ke Xinke from Puhai Interconnection.
At the time of the A round of financing, IDG's 15% equity in the Connect was worth 75 million, and the B round of financing has become 150 million, with a book profit of 75 million.
Xiong Xiaoge can only sigh that Zheng Wentong is too shrewd, it seems that Zheng Wentong sold 5% of the equity to IDG Capital with a directional sale of 25 million, and lost 25 million.
However, Zheng Wentong owns 100% of the equity of Microgram Xinke, and if Microgram Xinke carries out Series A financing, the valuation will not be less than 2 billion yuan.
It stands to reason that as the second shareholder of Puhai Interconnection, IDG Capital could have owned 15% of the equity of Micro Ke Xinke, which is worth at least more than 300 million.
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25 million can be exchanged for 300 million yuan, and Zheng Wentong's transaction is not a loss.
Moreover, during the A round of financing, the largest shareholder, Slope Investment, did not transfer equity, and only Xiong Xiaoge's IDG Capital transferred 5% of its equity to Venus Venture Capital and Haitong Kaiyuan.
At that time, Zheng Wentong made an agreement that during the B round of financing, Venus Venture Capital and Haitong Kaiyuan could give priority to the transfer of equity, with slope investment in the second priority and IDG Capital in the last.
Now Haitong Kaiyuan has transferred 2% of its equity to Pulse Capital, and the investment of 10 million yuan has become a return of 20 million yuan.
Slope Investment transferred 10% of the equity to Puhai State Investment, and Slope Investment returned 100 million yuan.
Therefore, the equity of Puhai Interconnect has changed, Slope Investment holds 69% of the shares, the largest shareholder, IDG Capital holds 15% of the shares, Puhai State Investment holds 10% of the shares, Venus Venture Capital holds 3% of the shares, Pulse Investment holds 2% of the shares, and Zhang Yi, the CTO (Chief Technology Officer) of Puhai Interconnection, holds 1% of the shares as a natural person shareholder.
After signing the agreement, Zheng Wentong invited the representatives of these investors to have dinner at the Jiangsu and Zhejiang Federation of the International Financial Center, and after eating, the other investors went back first.
Xiong Xiaoge shook his head, "It's boring, you kid doesn't drink, and you keep telling jokes when you eat." ”
"When I was in the A round of financing, I thought I had taken a big advantage, I felt embarrassed, and I gave you a pair of sunglasses.
Zheng Wentong disagreed, "Brother Xiong, don't say that, one yard is one yard, and less profit can't be regarded as a loss." In this way, today happens to be at IFC, Lv, Prada and Gucci, whatever you choose, it can be regarded as my meeting gift to my sister-in-law. ”
"Your sister-in-law is on the other side of the ocean, and it is cheaper to buy a bag than in China." Xiong Xiaoge knew that Zheng Wentong was going around in circles.
IDG Capital wants to buy a part of the shares before Weike Xinke completes the A round of financing, but at present, the slope investment account has sufficient funds, and the various subsidiaries under its name are operating well, and he can't find an opportunity without even a bank loan.
"Then thank you, you feel sorry for my brother and me, save me money!" Zheng Wentong was happy.
"What will save you money, did I say not to buy it?" Xiong Xiaoge immediately went to visit a luxury store with Zheng Wentong.
It's quite rare for two men to go shopping together to buy bags, but the clerks in luxury stores are trained to gossip about customers, and they have also developed a pair of sharp eyes.
For big customers like Zheng Wentong and Xiong Xiaoge, they are often very enthusiastic about their service, and as for the kind of girls who save a year's salary to buy a brand-name handbag, they are much more arrogant.
Xiong Xiaoge was strolling around the store, and he didn't forget to send WeChat messages to others, "I'm shopping with Zheng Wentong here, well, didn't you take a fancy to LV's new autumn handbag last time, and you have to let this guy put back the blood today." ”
Zheng Wentong sensed that something was wrong, "Isn't my sister-in-law not in China?" Co-author: You bought it for your sister-in-law? What a rich flower in the world! ”
Xiong Xiaoge denied, "If there is no evidence, be careful that I sue you for slander." Be an elder brother and teach you not to get married so early. My wife has a saying that makes sense, if you are not a millionaire, you should never marry a multimillionaire. ”
"What do you say you are looking for, you have to find a celebrity girlfriend, now you are half an insider, and now the paparazzi are so powerful, in case you are caught stealing food outside that day, you have to spend money to settle the paparazzi, isn't it cost-effective?" Xiong Xiaoge shook his head.
"Brother Xiong, I'm a loyal man, don't confuse me with other film company CEOs, besides, that paparazzi doesn't know whether to live or die, dare to expose your material?"
"I'm just an investor, and I don't own a film company, why are they staring at me?" Xiong Xiaoge retorted.
Xiong Xiaoge has always had a close relationship with the entertainment industry, and he has invested in movies such as "The Great Wall", "Love of the Hawthorn Tree" and "Inception".
Of course, this may have something to do with Lao Xiong's lover Luo Yan, Luo Yan herself is a well-known producer on Lao Mei's side, and she starred in the domestic movie "The Girl in Red" in the 80s.
Wanda Cinema Line's acquisition of Legendary Pictures is also indispensable for Xiong Xiaoge.
"Negotiations between Wanda and Legendary Pictures should be almost complete, right?" Zheng Wentong asked.
"It will be officially announced next month, and your news is very well-informed!" Xiong Xiaoge was surprised.
"The acquisition of Legendary Pictures, the price is between 3 billion and 4 billion US dollars, which is nothing more than a matter of acquisition price."
"Some people are optimistic about this acquisition, seeing it as a successful example of strengthening our collaboration with Hollywood Dock."
"Actually, I have long understood that no matter how rich a company with a domestic background is, it can't buy the six major American films, and Hollywood Films can only go through the batch and account sharing model in China."
"The high box office after the release of "Wolf Warrior" attracted a lot of so-called senior fans, thinking that the plot was too fake, I don't understand, and the personal heroism of Hollywood is not fake? Must a white hero save the world? ”
"Let me tell you, through this year's military parade, I found that the national pride of young people in China is significantly enhanced, and now the post-90s and post-00s are already looking at the world with a straight eye, and will not think that the moon abroad is rounder than at home." Zheng Wentong summed it up.
"The domestic film market plate is so big, if you make money, it means that others lose money, the more you earn, the more enemies you have, you have a good relationship with Wu Jing here, you have to remind him that there are not a few people who want to hack him these days."
Although Lao Han's studio, the first paparazzi in the mainland, broke the news of many celebrities, it also offended many people, and Lao Han likes to break the news selectively, if the star gives hush money, the hot search on the second day will change the content.
The entertainment media over there said that a certain actor surnamed D stole a female star surnamed Wanwan An in Hengdian, and was beaten by his mother's assistant. At that time, netizens said that you might as well report his ID number directly. The gossip media also swore that a certain satellite TV and the actor paid 80 million hush money together, because a national variety show hosted by him was on the air.
In fact, everyone thinks about it with their brains, and they all know that it is impossible, after all, domestic TV stations belong to public institutions, how can TV stations pay this hush money for the male stars who signed the contract?
However, although the paparazzi are powerful, they only dare to expose the scandals of male and female stars, and as for the real elders hidden behind the entertainment industry, they have always stayed away.
Although some celebrities rarely appear in public, such as Jet Li, he has time to eat, drink tea, and chat with the bigwigs behind the scenes of the entertainment industry.
In Brother Jie's words, if you are mixed in the crew all day long, you will be able to contact the level of directors and producers at most, but whether these directors can make movies and how much money they invest also requires these behind-the-scenes elders to nod and agree.
Huayi's market value looks like tens of billions, but it is actually not as good as a subsidiary of Ahri. Weibo Night, iQiyi Screaming Night, Penguin Starlight Awards, Youku Year-end Celebration Party, celebrities in the entertainment industry have come to the scene.
On the contrary, at the awards ceremonies of those domestic film festivals, there are often stars absent, and there is even an embarrassing situation of letting people receive awards on their behalf, and Tmall's Double 11 Gala is even claimed to have gathered half of the entertainment industry, and its influence is no less than that of the Spring Festival Gala.
So from this point of view, many female stars in domestic entertainment or Japan and South Korea have been single in their thirties and forties, and their relationships have not been exposed.
In many cases, it is not that they say that they have not met the right one, but that this kind of underground love affair cannot be exposed at all, and it is a canary held by some behind-the-scenes gold forces.
So there are many movies or TV series, heroines or important supporting actresses, who have no acting skills or no ability, but they firmly occupy a position.
After the behind-the-scenes financier likes the new and hates the old, after she recovers her free body, the script or business endorsement grade she receives has dropped significantly, and it won't be long before she announces her relationship to the outside world.