Fang Nian's heart moved, and he said calmly on the surface: "Indeed."

"The crisis experienced last year gave 'Greed for Fun' a blow, and finally decided to start the transformation of 'Great for Fun'. The specific matters are always relatively clear."

Hearing this, Guan Qiuhe took over the conversation: "After a period of development and research and development, we will launch new products soon."

"What product?" Lei Xi asked curiously.

Guan Qiuhe glanced at Fang Nian from the corner of his eye, and said, "A gaming platform."

"Game platform?" Lei Xi muttered, and then looked at Guan Qiuhe and Fang Nian: "'Greed for fun' intends to accept external capital injection?"

"If I remember correctly, the crisis faced by 'Great Fun' last year was a capital crisis."

Lei Xi’s words mean that he was so resistant to capital last year, why now he has a big idea of ​​financing.

Facing Lei Xi's curious gaze, Fang Nian replied with a smile: "It's also because of this crisis that Mr. Guan and I sat down to seriously think about the company's transformation."

"From our analysis, Internet entrepreneurship is actually a jigsaw puzzle. In fact, it needs to be very cautious and completely independent and personalized.

In the current era of market economy, it is difficult to adapt to market development alone;

In particular, Mr. Guan and I have understood the truth that we are not genius entrepreneurs, and we need to let go of our own face.

Accepting capital has become an inevitable choice for the company's development.

Shares are the most valuable thing in our hands, and they can easily become a bondage, so in the end we agreed that shares should be shared with like-minded friends and capital in a reasonable way;

It is better to be afraid of too much sound than to have no sound at all. "

Guan Qiuhe keenly discovered that Fang Nian's words expressed a lot of meanings that were obviously different from before.

And from what she heard, it seemed that it was specifically for Lei Xi.

Sure enough, the next moment, more smiles appeared on Lei Xi's face: "I didn't expect Fang to always think so thoroughly about the company's entrepreneurship."

"I very much agree with Mr. Fang's point of view that Internet entrepreneurship is a jigsaw puzzle."

As he said that, Lei Xi suddenly changed the subject: "How much did Mr. Fang invest in 'Greed for Fun' this time?"

"I have to thank Mr. Guan for giving me this opportunity. I got 2800% ​​of the shares with only 7 million yuan including the previous shares. The investment is almost based on the company's assets." Fang Nian said with a smile.

Rei was slightly puzzled.

Guan Qiuhe briefly explained: "Currently, the total fixed assets of the 'Treatty Fun' company are about [-] million."

"Speaking of which, Mr. Fang really can't be judged by his appearance. Your cutting-edge angel investment should have a lot of assets." Lei Xi said with emotion.

Fang Nian shyly said: "It's okay, the company doesn't have much cash at present, only 6000-[-] million, and its assets are more than [-] million."

Lei Xi was amazed: "Mr. Fang is awesome."

"..."

This is the result of Fang Nian and Guan Qiuhe's left-handed and right-handed operations.

With an unfounded 2800 million until now, the value of the "fun" assets soared, and the valuation was even classified as 10 billion.

Let the frontier angel investment with nothing change from 0 to more than 2 million assets.

However, Fang Nian transferred all the shares to Guan Qiuhe when 'Greedy for Fun' was established, which is simply a stroke of genius.

Even Liu Xi and Wen Ye, who currently know part of the inside story, don't understand the asset exchange.

The simple algorithm of Fang Nian and Guan Qiuhe is actually not simple.

Then Lei Zhe said: "I know some investment institutions. If Guan Zong and Fang Zong are willing, I can recommend them to you."

Fang Nian lowered his eyes and didn't answer.

Guan Qiuhe took over the conversation with a smile: "That's a good thing."

"I believe that when our products are launched, we will not disappoint Mr. Lei's friends."

Lei Xi suddenly said something pointedly: "If it is the 'game platform' I understand, I think the valuation of the A-round financing of 'Great Fun' may be 15 billion yuan."

Hearing this sentence, Fang Nian was determined: "It's not in vain that I brought out all the things you said in the interview before, and I finally fell into the trap."

On the surface, he drank tea slowly, calmly and calmly.

Guan Qiuhe just smiled and said a few polite words.

Lei Xi changed his sitting position, and said with some emotion in his tone: "I have to thank Mr. Fang for waking up the dreamer with one word."

"Although I established Xiaomi in the Cayman Islands a few years ago, and registered Xiaomi in Beijing a few days ago, I just realized today that I didn't let go of my face and didn't enter into a good entrepreneurial mentality."

As he said that, Lei Xi looked at Fang Nian with a playful expression on his face: "Mr. Fang, I haven't fully planned the development direction of Xiaomi yet. Let's not talk about this for now. How much can you invest in me?"

"Boss Lei has given me a problem." Fang Nian showed a helpless expression, but he was very satisfied in his heart.

Then he said in a calm tone: "Based on the current situation, I am willing to invest 140 million US dollars in exchange for 10% of the shares. I will not participate in management or interfere with development."

Guan Qiuhe's eyelids twitched.

This is a valuation of [-] million yuan? !

Not to mention things like a business plan, and you don't even know what project to do, but there is a company name and an individual with a valuation of 1 million?

Lei Xi also froze suddenly, even the movements of his hands froze.

"Boss Fang is not joking, is he?"

Fang Nian's expression was indifferent, and he said calmly, "Does Lei always think I'm joking?"

Seeing this, Lei Xi's face changed slightly, and finally he gritted his teeth suddenly: "Okay, I accept your investment."

This time Fang Nian pretended to be surprised, and then quickly said, "Arrange the company to transfer money tomorrow morning."

After the dramatic investment was finalized in a few words, Lei Xi said with emotion: "This may be the most impulsive and correct decision I have ever made."

Fang Nian did not agree, but said with a smile on his face: "If Boss Lei tells you what you are going to do at another time, I believe it will be more correct."

Chapter 329 The First Quarter Public Welfare Plan (for more subscriptions)

Panamera drove to Yangpu.

Smoothly throw the street lamps behind the car.

Shanghai's colorful nightlife has just begun.

Guan Qiuhe looked at the place illuminated by the headlights in front of the road, and said, "Do you have a little personality worship for Lei Xi?"

"The funds that Frontier can use now are 1180 million, which means that you have invested all in one go."

"For a company that doesn't even have a product prototype, it's a bit too much for you to directly value it at 1 million. I can understand Meituan who voted for Wang Xing."

Fang Nian smiled and asked, "If it were you, how would you invest in it?"

"200 million for 10%, RMB." Guan Qiuhe said seriously.

Hearing this, Fang Nian slapped his thigh: "It's a shame, I shouldn't have directly intervened in the negotiation!"

Guan Qiuhe was taken aback.

Then he said dissatisfiedly: "Then you voted without asking me, who is to blame?"

"Even if Lei Zhe has rich network resources, the size of frontier angels in the past is not enough to qualify to participate in the angel round, but it would be fine to participate in the A round. There is no need to do such a loss-making business."

Fang Nian laughed: "If it reaches the A round, the price will be too high."

"I don't admire Lei Zhe, but I appreciate his capital operation skills and ability."

Guan Qiuhe took over the conversation: "I guess Lei Xi will think that this is the most correct business he has ever done in his life. He exchanged his name for a valuation of 1 million."

"It's possible, but..." Fang Nian smiled.

Looking at Guan Qiuhe: "Sister He, when Xiaomi officially establishes its office, you will look back and see how much effort I put in tonight to make Lei Xi think it was the right decision he made."

Guan Qiuhe raised her eyebrows: "Huh?"

"Okay, then I'll wait and see."

Fang Nian didn't say much, but said: "I hope the loan can be settled sooner."

"Lei Zhe took some time out these two days. After chatting with him, I plan to exchange another 200 million US dollars for 10% of the shares."

Guan Qiuhe opened his mouth with a look of disbelief.

"Aren't you crazy?"

Fang Nian said firmly: "I estimate that Lei Xi will formally establish Xiaomi in a month at most, and the valuation should be 2500 million U.S. dollars by then."

Guan Qiuhe wanted to ask Fang Nian at least a hundred questions, but finally held back.

If it wasn't for Guan Qiuhe, Fang Nian would not have such a good opportunity to intervene.

At this stage, the current valuation of Xiaomi by the capital that Lei Xi is familiar with him is still fluctuating at US$1000 million.

Fang Nian analyzed this point based on his memory and communication with Lei Xi.

So Fang Nian directly gave a valuation of 1 million yuan, and the deal was reached.

Now Fang Nian wants to acquire another 2000% of Xiaomi shares at a total valuation of US$10 million before the final round of financing.

A total of 20% is enough.

In Xiaomi's multiple rounds of financing in the future, it is only necessary to ensure that the shares are not diluted.

Thinking about these things, Fang Nian said again: "I will not participate in the investment of Meituan."

Guan Qiuhe blinked and asked, "Then how much do you expect from Meituan's investment?"

"It's best to exchange 3 million US dollars for 100% of the shares in March." Fang Nian said casually.

Although the early development of Meituan was not very smooth, and it burned money, but in the eyes of capital, it is still very valuable.

By the time of the A-round financing in September this year, the valuation directly reached over 9 million US dollars.

Although Meituan.com has done a lot of things in this process, it has blossomed all over the country, pushing up the valuation of Meituan in the eyes of capital, but it was worthless at the beginning...

…………

While waiting for the traffic lights, Guan Qiuhe suddenly said, "You seem to be only interested in getting to know Lei Xi."

"Is it because of his capital connections and the 15 billion valuation he mentioned?"

Regarding this question, Fang Nian had expected it a long time ago, and said, "Yes, and no."

"I am really interested. There are factors of his capital connections. As for the valuation of 15 billion, I am more optimistic, and it may end up beyond imagination."

"'Great for fun' doesn't seem so worthless in the eyes of capital."

Guan Qiuhe was a little puzzled: "I think 10 billion is difficult, why do you think 15 billion is not optimistic enough?"

"Maybe it's because it's a capital game from now on." Fang Nian explained.

Then he said: "Tomorrow's regular meeting has to discuss some results, for example, how to cooperate with Steam on 'Minecraft' and 'Great Fun Game Platform', the specific operation strategy, anyway, the general direction is clear."

"Ah."

When the green light came on, Guan Qiuhe started the car and said, "You really don't plan to participate in tomorrow's meeting?"

"I don't plan to, anyway, whether the new CEO is competent or not is still a matter of opinion, and I haven't given him shares for the time being." Fang Nian smiled.

Yes, in the end Guan Qiuhe accepted Fang Nian's suggestion and changed to another way of agreement.

The high annual salary + dry stock remains unchanged.

But whether you can get dry shares depends on your contribution to the company.

It is also 0.5% to discuss dry stocks.

Personally, Fang Nian very much hopes that the new CEO can handle it.

On the one hand, Guan Qiuhe can free part of his energy from "craving for fun", on the other hand, the development of "craving for fun" will be better;

Finally, Fang Nian reduces energy investment.

Peace of mind waiting for 'greedy fun' to become bigger and stronger.

In the end, it is nothing more than striving to further integrate the concept of win-win into the corporate culture of "greedy and fun".

Fang Nian has not found the answer to this point.

in no hurry.

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