my return to life

Accept life's imperfections.

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…………

On Wednesday, March 3, Xiaomi Technology was incorporated.

Lei Xi completed the preparations for the second phase of Xiaomi.

Yes, the second period is ready.

Although he remembered clearly, Fang Nian did not find any useful information on the Internet.

The current information disclosure is not so timely and open.

However, Fang Nian also knows that the establishment date advertised by Xiaomi itself is April 4th.

Although as early as January 1, Lei Xie established the Xiaomi Group in the Cayman Islands.

Probably the time was delayed by the Spring Festival.

Anyway, from today onwards for more than a month, frontier angel investors will have the opportunity to participate in the seed round investment of Xiaomi Technology.

In order to write an online article, Fang Nian took the initiative to check some of Lei Xi's early video interview materials.

It is clear that Lei Zhe divides himself into the category of starting a business with financial freedom after the age of 40.

Before preparing to found Xiaomi, Lei Xi left Jinshan and worked as an angel investor for several years.

He is not short of money, but he is very good at jigsaw puzzles of Internet entrepreneurship.

According to Lei Zhe himself, at the very beginning of his business, he was always looking for a team and a partner, wishing he could talk to people 24 hours a day.

This naturally also includes finding investors.

However, Lei Xi is worthy of being a boss who has run a Hong Kong listed company.

Even Xiaomi didn't have a complete plan for what to do in the future, and even didn't even prepare for the company's office location;

In addition to Lei Xi and the founding team, two investment institutions were introduced to participate in the investment.

What's even more outrageous is that during this process, Xiaomi's valuation in the eyes of investment institutions quickly rose from the initial US$1000 million to US$2500 million. ①

Later, when it came to the serious A-round financing of 5000, Xiaomi's valuation reached [-] million U.S. dollars.

The Series B round was launched just three months after the Series A closed, at which point the valuation pushed up to $2.5 million.

At this time, Xiaomi did not tell the outside world that it would be a mobile phone.

In the nearly half a year after its establishment, Xiaomi only made one product: MIUI...

…………

After two classes, Fang Nian went to Frontier Company.

Liu Xi, who allocates more time to part-time jobs during the day, also works in the office.

Seeing Fang Nian walking in, Liu Xi whispered hello.

Fang Nian hummed, and asked, "Are you done with the things at hand?"

Liu Xi nodded: "The new budget plan has been completed. Without affecting the original basic plan for this quarter and the second quarter, the company can allocate 1180 million funds."

"This is the new budget plan, take a look."

With that said, Liu Xi got up and handed Fang Nian a printed budget plan.

Fang Nian took it and took a closer look. Liu Xi made fine adjustments to the original plan, reducing the time granularity a lot.

The same is still clear at a glance.

After thinking for a while, Fang Nian said: "Try to spare some time to stay in the company this week, there will be a series of investment transactions between the frontier angel investment that will be registered and completed soon and 'greedy for fun';

Many links are related to finances, you follow along to learn...

Well, this time I will ask a professional accounting firm to do the accounting. "

Liu Xi nodded again and again: "Okay, I will study hard."

Then Liu Xi said: "I don't know much about corporate loans, so I only made a simple analysis based on available public information.

Frontier companies should not have excellent loan qualifications. "

Fang Nian glanced at Liu Xi, and said with a smile, "It's okay, the loan matter has been settled, and 'Greed for fun' will guarantee it, you can pay attention to the specific process."

"Just understand."

Liu Xi quickly wrote it down: "Okay."

"..."

Soon, Fang Nian got busy at his desk.

He still has a lot of things to sort out.

From now on, it will become a norm for cutting-edge companies to be short of money, and it will not change until a series of affairs proceed normally.

In addition to Xiaomi and Meituan, which are familiar to him for years, frontier angels will also get involved in more investment projects under his control.

This requires a lot of data collection and collation.

As for what field you prefer, you need to define and make choices in Fang Nian, so as not to waste time.

At present, there are only some ideas in Fang Nian's mind, which are not clear enough.

"..."

Similar to Fang Nian and Liu Xi's busyness, Wen Ye was too busy to come to Frontier Company.

There is also Guan Qiuhe, who, as the general manager of 'Greedy for Fun', is helping the frontier company to run loans.

The plan is to guarantee loans of 3000-5000 million.

According to the current credit qualification of Frontier Company, the difficulty is not small.

However, according to the current credit qualification of 'Greed for Fun', there is no difficulty.

Anyway, it is also an emerging Internet industry, which has been benefited by the [-] trillion plan.

…………

Busy time flies by.

On March 3, Wang Xing established Meituan in a low-key way in Beijing, and some people with keen information paid attention to this.

It does not include Guan Qiuhe for the time being.

At eleven o'clock in the morning, Wen Ye rushed to the office of Frontier Company in a hurry.

"Mr. Fang, Frontier Angel Investment Co., Ltd. was incorporated."

Seeing the haste on Wen Ye's face, Fang Nian joked with a smile: "Eat more at noon later, um, try to eat more every meal in the future."

"The busyness has only just begun."

Wen Ye was not surprised, just nodded: "Understood."

"If it is still a registered company, it will be comfortable."

With that said, he took out the business license.

For such a matter that needs to be done as soon as possible, Wen Ye is already familiar with finding an agency for help.

The efficiency is much higher than running by yourself.

The time-consuming is almost 3 days compared to 1 month.

At noon, Fang Nian invited Wen Ye and Liu Xi to have a meal at the sneak tea restaurant next door.

It got busy in the afternoon.

In the case of insufficient capital, the frontier angel investment company acquired the shares held by Fang Nian and Guan Qiuhe according to the operation discussed between Fang Nian and Guan Qiuhe:

21% of Eyedentity shares.

5% Mojang shares.

10% fist game shares.

The efficiency of this transaction is very high.

Fang Nian and Guan Qiuhe only agreed on the share transfer verbally, and planned to change the shareholding after completing all the transactions.

At the same time, a second transaction was carried out.

Guan Qiuhe personally invested 2800 million to buy 40% of the proceeds from this part of the shares.

The actual price is an IOU.

These two transactions were done very quickly, which dazzled Wen Ye and Liu Xi who were present.

But this is only the beginning.

Next, the frontier angel investment company spent 2800 million to invest in "Greedy Fun" and obtained 7% of the shares.

The two parties agreed that the actual delivery will be carried out after the "Treatty Fun" guarantees the frontier company's successful loan of 3000 million.

Although there is still a part of the business that has not been completed.

But at this point, the transaction involving the two companies has been completed.

Very mature and secretive throughout: "Who am I, where am I, and what should I do."

After that, 'Great Fun' will disclose the financing overview of the Pre-A round in a low-key manner, but will not disclose specific details.

The cooperation that did not involve payment delivery was completed quickly.

Although there is still a lot of work to be done in the future, for Fang Nian and Guan Qiuhe, they only need to sign a few words and seal them.

①: Xiaomi’s seed round financing process has not been disclosed, but according to information from different websites, Qiming Venture Capital exchanged 35 US dollars for 3.5% of the shares. After a 12-hour phone call, Morningside Capital Liu Qin paid 2500 million US dollars Valuation investment of 500 million US dollars;

Xiaomi’s prospectus only discloses the A-round financing from the end of September 10. At the time of the A-round financing, the valuation was US$9 million.

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Broken Bowl asks for subscription monthly pass

Chapter 322 Be Honest and Duty Fang Nian

As the saying goes, when the secretary opens his mouth, the leader is tired and broken.

Ah, no.

When the leader opened his mouth, the subordinates broke their legs.

Fang Nian and Guan Qiuhe only signed and sealed with Guan.

But with all kinds of affairs involved in the transaction, even Liu Xi, who was following the study, secretly felt that his legs might break.

At least these things are a bit complicated to say, and they will be busy for at least a week.

"Boss Fang has become my creditor, so you don't intend to buy me a cup of tea?"

Outside the Fuqing Building, Guan Qiuhe had his hands in his pockets, looking graceful.

Fang Nian looked around: "What kind of tea would Boss Guan want to drink?"

"I don't dare to raise an opinion." Guan Qiuhe said in a dutiful manner.

Fang Nian turned his head to look at Guan Qiuhe, and joked, "Sister He, your expression is seriously inconsistent with your image.

It's only been half a minute since you stood here, and the exquisite appearance of the three repeat customers can't control the expression of duty. "

Guan Qiuhe squinted at Fang Nian: "Go, go, go!"

"..."

Although there is a sneak tea restaurant next door, which provides afternoon tea, Fang Nian still finds a teahouse, and invites Guan Qiuhe to drink tea seriously.

What is needed is the exquisite elegant seat, not the one in the lobby.

To a pot of 288 yuan Dahongpao.

Fang Nian took a sip and felt that the price of this pot of tea was too high. It should be set at 250, which is purely fooling people.