my return to life

Not only did I see the sincerity of Mr. Fang, but also the courage and ambition of Dangkang Games. "

After a short pause, Zhu Yue finally said: "I wish the Dangkang game a smooth development, and we will cooperate again when we have the opportunity."

Fang Nian was not surprised, with a smile on his face and a calm tone: "Thank you Mr. Zhu for being so optimistic about our Dangkang game. It's a pity that we can't reach a deal."

Then Fang Nian showed a little bit of fun: "I believe there will be opportunities to cooperate with Mr. Zhu in the future."

"Haha~" Zhu Yue laughed, "Looking forward to the next cooperation."

Of course he knew what Fang Nian was referring to.

Fang Nian is not only the founder of Dangkang, but also has an angel investment company in his hands. The performance in just a few months has attracted the attention of people in the industry.

Maybe one day we will cooperate in other projects.

After exchanging a few pleasantries, Zhu Yue left first.

The atmosphere in the house is still the same.

As the president of Dangkang Games' biggest competitor, Goose Factory Games, Ren Yuxin has never seen any scenes, so he opened his mouth.

"Let me say a few words first. As the only president of Goose Factory present here who has a competitive relationship with Dangkang Games, I am personally very optimistic about the development prospects of Dangkang Games;

As far as games are concerned, there is no free payment. TGP is basically free, and Dangkang game platform is a hybrid type. I am actually optimistic about the system established by Dangkang Games.

As far as the current stage is concerned, I think the valuation of 130 or 150 is acceptable for the B round of financing of Dangkang Games. "

Having said that, Ren Yuxin paused.

Everyone was waiting for his 'but'.

Facing a few gazes, Ren Yuxin suddenly said succinctly: "I just communicated directly with President Ma Polima. Our goose factory fully agrees with the gambling agreement proposed by President Fang, and is willing to participate in the B-round financing of Dangkang Games."

After Ren Yuxin's words fell, Fang Nian was slightly stunned.

Guan Qiuhe frowned directly.

Liu Qin and the others even changed their expressions slightly.

only……

Before Ren Yuxin finished speaking, he then added honestly: "Because I promised Mr. Ma that no matter how the Dangkang game develops, in the remaining six and a half months, it will not be able to complete the goal of adding another 40 billion yuan. Revenue target!"

Having said that, Ren Yuxin looked at Fang Nian, apologetic: "Mr. Fang, I'm really sorry. Regardless of whether a deal is concluded today, Goose Factory Games will target Dangkang game platform more comprehensively."

Ren Yuxin is so frank.

At the age of 35, he is in the prime of life, and he is also known as the king of games.

Ren Yuxin has his own pride.

Although TGP was launched after the successful experience of the Dangkang game platform, it does not mean that Ren Yuxin is incapable!

Of course Ren Yuxin knew that Fang Nian, who looked as tender as a high school student, was not easy.

Obviously, he is better than he was then or even better than he is now. After all, he went to college later, joined the goose factory at the age of 25, and started to exert himself after the age of 30.

But Ren Yuxin, who is backed by the goose factory, doesn't think he needs to be afraid!

Hearing this, Fang Nian smiled and said: "The market needs reasonable competition, so we can only wait and see."

I didn't add a word, saying that my mind was no longer on Dang Kang.

"..."

Ren Yuxin smiled slightly, didn't say any more, picked up the teacup and drank water by himself.

There was not a long silence in the room, and Liu Qin quickly said: "I also agree with Mr. Fang's gambling agreement;

I have dealt with President Fang many times. From an objective point of view, the conditions proposed by President Fang are more restrictive for Dangkang games;

If it is not achieved, the B round of financing has picked up a big deal. If it is achieved, Dangkang Games has such a strong profitability, and naturally deserves a higher value;

No matter how you calculate it, it is a profitable business. "

After a pause, Liu Qin pushed his glasses, and said earnestly: "I personally feel that Mr. Fang is full of sincerity, and he is actually abiding by the verbal agreement with me on the phone."

Morningside Capital was originally a shareholder of Dangkang Games, so it was expected to support Dangkang so quickly.

After all, except for Ren Yuxin, everyone is a pure investor.

After Liu Qin agreed to the verbal gambling agreement, Kuang Ping quickly expressed his opinion.

"I also agree with Mr. Fang's gambling agreement."

He said softly, "Mr. Fang has such sincerity and courage. I believe Dangkang Games will bring unexpected gains to Qiming Venture Capital."

In fact, Kuang Ping owed Fang Nian a small favor.

Perhaps it can be regarded as a kind of reciprocation.

In the end, Zhang Sijian of Sequoia Capital remained silent.

In fact, relatively speaking, this kind of large organization has a more stable style of work.

It is hard to say that they would be willing to engage in this form of gambling agreement.

So at the beginning Zhu Yue quickly stated his position and left the venue, everyone present including Fang Nian was not surprised.

Three investment institutions are willing to sign this VAM agreement, which is actually enough for Dangkang Games.

At least……

Fang Nian's original intention has been achieved.

Seeing everyone looking at him, Zhang Sijian smiled: "I wanted to talk to Mr. Fang again;

But everyone followed, and I also got the authorization from Mr. Shen, and Sequoia China is also willing to sign this gambling agreement. "

After basically reaching a consensus, Fang Nian glanced at Liu Qin and the others with a friendly smile.

"Now there is only one last thing left. Everyone discuss how much to invest in the B round. We will not participate in this matter."

======

Broken Bowl is asking for a subscription monthly pass, PS: Book Friends Circle 11w plus updates.

Chapter 455

Before the B round of financing, Dangkang did not split its shares.

The total share capital is still 10 billion shares, and 10% is sold, or 1 million shares, at RMB 10 per share.

Morningside, Qiming, Goose Factory, and Sequoia voted.

When the number is 10, it is very troublesome to divide it into four parts. When the number is 1 million, it is much more thoughtful.

Of course Fang Nian and Guan Qiuhe will not participate.

And it also gave way to the representatives of the four investment institutions for internal discussions.

No matter what kind of interests there are, it is their own business.

Fang Nian and Guan Qiuhe left the South Pavilion, found a random place on the 93rd floor, and stood quietly looking at the clouds and clouds under their feet.

"That's not what you told me yesterday." Guan Qiuhe looked at the entire sea of ​​clouds outside the window, and said casually.

Fang Nian's eyes moved lightly, and he smiled and said, "It's easier this way."

Then he added in a low voice: "The main reason is that I want to make the characters who really make friends more realistic."

Guan Qiuhe's beautiful eyes flickered quickly, and her feet widened: "It's incredible!"

"Don't tell me, I'm afraid I won't be able to keep a secret. You seem to be making friends with Dangkang Game's 50 billion valuation this time? I'm a little scared!"

Guan Qiuhe is very clear that the annual revenue in 2010 that he discussed with Fang Nian is to reach 88 billion.

In other words, Fang Nian actually only mentioned a very conservative number as a condition.

As for 2 million users and high-tech enterprises, especially high-tech enterprises, they have long been stable.

In other words, Fang Nian only gave up some benefits that the other party could not get for a short time, in exchange for Dangkang's indomitable game next year.

but……

In it, there is actually Fang Nian's plan to make friends sincerely.

Guan Qiuhe couldn't say a word.

About ten minutes later, Fang Nian and Guan Qiuhe returned to the South Pavilion again.

The atmosphere in the house was harmonious, as if nothing had happened.

But a consensus has been reached.

Among them, Morningside 2%, Qiming 2.5%, Goose Factory 2.5%, Sequoia 3%.

As for the distribution of these four companies next year, it has nothing to do with Dangkang Games, they will discuss it themselves.

In the cooperation framework memorandum, it is stipulated that the C round can have three batches of C, C+, and C++ at most, and the transactions of the three batches should not be completed no later than June 2011, 6.

The five parties signed a cooperation framework memorandum.

It will take about five working days to implement the specific contract this time.

However, it was agreed to complete the transfer of funds no later than 6:14 pm on Monday, June 3th.

Although a total of 10 billion yuan was involved, it was actually nothing more than a trivial matter.

"Pleasant to work with."

In the sound of happy cooperation, this complicated financing and gambling agreement cooperation negotiation came to an end.

Fang Nian and Guan Qiuhe sent the bosses away together.

"Mr. Fang, I'm busy this time. Next time I have a chance to sit down and have a cup of tea."

Before leaving, Kuang Ping, the oldest, smiled authentically, and his tone was very sincere.

Fang Nian repeatedly said, "Definitely."

Zhang Sijian chatted a few words with Fang Nian in a very friendly manner, with a little respect unavoidable in his words.

Ren Yuxin didn't say much, acting as if he took care of each other.

Liu Qin was the most casual, and left after saying hello.

After they were all gone, Fang Nian got into Guan Qiuhe's Bentley, and the two also left the World Financial Center.

On the way, Fang Nian talked about the dilution of shares in this financing: "The 7% of frontier angels will not be changed, let's dilute from my personal shares."

Guan Qiuhe has no objection.

Fang Nian pondered for a while, and said, "Let me figure it out, the current share plan will be like this.

36% for me, 33% for you, 7% for frontier angels, 11% for Morningside, 8% for Qiming, Goose Factory, and Sequoia, 4% for the internal shared equity pool, 0.5% for Icefrog, and 0.5% for Wu Hong. "

Guan Qiuhe pondered for a long time before calculating: "You have been out a bit too much."

"Less than 1% or so, it's nice to round up. In the future, invite the internal sharing equity pool according to the number of shares." Fang Nian said.

This financing uses the simplest equal dilution.

If according to the distribution plan a long time ago, including frontier angels, Fang Nian's personal shares will only decrease by 5.1%, and there should be 38.9% left;

But when preparing to launch the B round of financing, a simple internal sharing pool was divided, including the 5% shares of Bingwa and Wu Hong.

At that time, there was no shareholding change, and now Fang Nian has directly calculated the reduction of holdings in one go.

Morningside Capital diluted 1% in proportion, and then added 2%, equal to 11%.

Morningside Capital invested a total of 4.5 million in cash in the two months before and after, and the current accounting value is 11 billion, a little more than double the value-added.

Excludes additional shareholder payouts and dividends.

Although the shares of Fang Nian and Guan Qiuhe have been greatly reduced, their net worth has increased hundreds of times compared to when they registered the company on April 2009, 4.

Guan Qiuhe went from a graduate with a bank card balance of less than 1 million yuan to now two years after graduation, with a net worth of 33 billion yuan.

Fang Nian has grown from a senior high school student with a bank card of several million to the final exam of his freshman year, and his net worth is 36 billion, only counting his personal holdings in Dangkang.

In addition, during this process, Fang Nian established Frontier, among which the Dangkang game shares held by Frontier Angels alone are worth 7 million.

Counting 91 Wireless, Xiaomi, Meituan, Meizu, etc., the company's assets are also rushing to 20 billion.