my return to life

Lu Weiyu, who was pulling the slippers, came out from the back room: "You're back, what do you want to eat tonight?"

"Why don't you wait for Sister He to come over and cook, she is good at cooking." Fang Nian thought for a while and said seriously.

Lu Weiyu couldn't help curling her lips and said, "If I were Sister He, I would definitely not be able to resist beating you."

"..."

Said a few words.

Lu Weiyu asked concerned: "How is Xiaomi's shareholder meeting going? Did you raise money by the way?"

"No, the financing is scheduled for tomorrow afternoon. It's just right when I finish my class." Fang Nian replied, "The meeting was quite successful."

As he said that, Fang Nian couldn't help feeling emotional: "To be honest, I don't want to go to the cinema anymore. Without Lei Jun, Lin Bing and other big movie kings, what kind of movie would I watch!"

"You yourself too?" Lu Weiyu said calmly.

Fang Nian said solemnly: "I'm fine, this world is really too complicated, the highest state of a lie is truth."

"..."

Then Fang Nian briefly talked about the process of the meeting.

It also briefly mentioned the real development and direction of Qingchat.

Lu Weiyu was dumbfounded when he heard that, and couldn't help joking: "No wonder Marx said that when capital comes into the world, from head to toe, every pore is dripping with blood and dirty things."

"Boss Fang will join forces."

Fang Nian said with a serious face: "I have never advertised that I am a good person. Putting aside my status as a student, I am just an ordinary businessman."

"It makes sense." Lu Weiyu pursed her lips.

Seeing that Ms. Lin Feng was confused, Lu Weiyu briefly explained: "...It means that Fang Nian didn't spend a penny, and took 30% shares of a company that will soon be worth tens of billions."

"No wonder you don't want hundreds of millions." Lin Feng was dumbfounded.

"Let me say, Fang Nian, you might as well not tell me who you are the richest man. My heart can't stand it. The business you just talk about involves tens of billions."

Fang Nian laughed: "It's not that exaggerated, once or twice, but..."

"The business that I'm allowed to discuss in person is generally worth a billion dollars."

Then he said: "Wen Ye, you have seen it before, she can negotiate tens of millions of billions of dollars in business;

How should I put it, this is an irreversible process. With the development of the company and the increase in capital, no one has the energy to check every business. "

"And I'm lazy, someone who can lie down and never sit... right."

Lin Feng: "..."

She couldn't help but said: "Unfortunately, I thought that the suffering you have suffered in the past two years can exceed the limit I can imagine!"

"..."

Fang Nian thought for a while and said, "It's better to care about Xiaoyu if you have this leisure time, she really worked really hard."

"No, no, Auntie, don't listen to Fang Nian's nonsense, our work is at most labor, not as good as last year's hard work." Lu Weiyu said quickly.

"..."

Later, Guan Qiuhe walked in.

Seeing everyone except Ms. Lin Feng sitting in a row, they didn't say much, and went to the kitchen with ease.

Afterwards, Fang Nian, whose mouth was full of greasy food, expressed the most sincere appreciation: "Mmm, it's really delicious."

"..."

…………

The next day, Monday, after the continuous rain, the rain stopped and the clouds cleared in Shanghai. The weather turned for the better. The outdoors were sunny and sunny, and the temperature rose relatively rapidly.

Lu Weiyu went to Fudan with Fang Nian first.

After Fang Nian finished his first class, they went to the administration building together to meet Yang Yuliang.

I also met a well-known professor in the philosophy department.

Simply chat.

In the end, Professor Wang nodded and agreed that Lu Weiyu would temporarily study in his graduate student group as an auditor.

The difference is that you will enter part-time postgraduate study in the second half of the year.

It's not just about applying for a master's degree with the same academic ability.

I went to school, and at least got a diploma.

And Fang Nian also expressed sincerely and honestly that he also wanted to be admitted to the graduate school.

Principal Yang Yuliang stretched out his hand and pointed in the air: "It's very difficult for you to keep your postgraduate education. You can't even get a scholarship. In view of your good academic performance, you can just pass the sixth level."

Professor Wang is very willing to take Fang Nian with him.

In the previous few minutes of communication, he appreciated the breadth and depth of Fang Nian's research in the field of philosophy.

I also learned about the past achievements of Fang Nian's classmates.

In fact, I was quite puzzled why the principal would personally block the application for the National Award for next year's students.

But after thinking about it, I also know that it has something to do with Fang Nian's classmate's identity.

Looking at him like this, he knew that he was not a simple person, vaguely on the same level as the principal...

Fang Nian was a little excited after finishing Lu Weiyu's master's student audit.

"A few of my classes are taught by Professor Wang. Don't Senior Sister Lu fight for the status of a teacher?"

Lu Weiyu rolled her coquettish eyes: "Don't even think about it!"

"Tsk..."

"..."

Fang Nian smacked his lips lightly, and Lu Weiyu's pretty face blushed uncontrollably.

"..."

Later, Fang Nian finished his morning class and walked around the campus with Lu Weiyu.

Lu Weiyu took out a document from his pocket bag and handed it to Fang Nian: "Just to save you from running away, this is my plan after analysis, take a look."

"..."

Fang Nian read it quickly: "Go to Yangcheng to set up the Zhu Yan software laboratory first?"

Lu Weiyu explained in an orderly manner: "The initial cost of the software laboratory is not too high. With Yangcheng as the center, it is easy to attract high-quality professionals around, and it will be able to operate normally soon."

"Just pay attention to the low-key nature of the laboratory, so it won't waste too much time. I will personally lead the team there. It should be done in three days, and it can be put into use within this month."

Hearing this, Fang Nian thought for a while, finally nodded and said: "No problem, just increase the size a little bit, let's invest 1 million in the first phase."

"Okay, then I will lead the team to fly there the day after tomorrow, and I will come back on Friday afternoon." Lu Weiyu nodded.

After a while, I left Fudan.

…………

…………

At 03:30 in the afternoon, Fang Nian almost rushed to the Four Seasons Hotel.

There are some new faces in this fundraising meeting.

There are quite a few people who are interested in Xiaomi.

In addition to the crowd at the shareholder meeting yesterday, many representatives from other investment institutions also came.

There are Magnolia, Goldman Sachs, All Stars, Baocheng and so on.

Some representatives are familiar faces to Fang Nian, some are not.

For example, Huang Yi, a representative of Goldman Sachs.

There is also the managing partner of Ji Yuan's China office, Li Wei, a female executive.

This is someone who ranks higher in Ji Yuan than Dai Qiang.

Huang Yi took the initiative to greet Fang Nian enthusiastically, and said hello to Fang Nian on behalf of Ms. Li Songci.

It is inevitable that Fang Zong's popularity and reputation in the investment circle will become the focus.

Not long after, Lei Jun presided over the meeting: "Welcome everyone to the Xiaomi B round investment meeting."

"..."

First, it briefly introduced Xiaomi's achievements and expressed Xiaomi's demands.

Then there are various financing evaluation questions and answers.

The whole process of Fang Nian is basically watching the nose, nose and heart.

Financing will go well.

Because Lei Jun did not push up the valuation too much, it was based on the $20 billion he said at the beginning.

The proportion of shares held by Fangnian and Frontier Angels has not changed in any way, nor has it been diluted, and no additional investment is required.

Goldman Sachs, HOPU, Baocheng, and another capital called CCDD were added to the entire B round, and two capitals signed a shareholding agreement with Lei Jun.

Among them, Frontier Angel and Fang Nian did not participate in the B-round investment.

In addition, Morningside did not participate in the B-round investment...

…………

January 2011, 3, afternoon.

Xiaomi made a resolution of the board of directors and the general meeting of shareholders, agreeing to issue 4000 million B-round preferred shares to B-round investors, including 3500 million B-1 round preferred shares, at an issue price of US$4 per share.

And 500 million B-2 round preferred stock shares, the issue price is 5 US dollars per share.

Xiaomi has raised a total of US$16500 million in financing in this round.

After adjustment, Xiaomi is valued at US$26 billion after the end of this round of financing.

On the same day, Xiaomi signed the "B round of preferred stock subscription agreement" with Smart Mobile Holdings Limited., Qiming, IDG, Sequoia, Jiyuan, Goldman Sachs, CCDD, Hopu and other B round investors.

On the same day, Xiaomi completed the registration of changes in the shareholder register for Smart Mobile Holdings Limited.'s subscription of the company's B-1 round of preferred shares.

At the same time, Xiaomi will register for changes in the shareholder register on the next day for the B-2 round of preferred shares of companies subscribed by Goldman Sachs and Hopu.

What needs to be specially explained is: the entire equity of Smart Mobile Holdings Limited. is held by a trust fund beneficiary of Mr. Lei Jun and his family.

In comparison, Xiaomi's B round of financing is a bit more complicated.

To be more precise, Lei Jun's methods of capital operation are more complicated.

Go round and round very much.

The reason why the shares of Fang Nian and Frontier Angels have not been diluted.

Because the period that Fang Nian enters is the angel wheel.

According to some previous agreements, the angel round is a direct grant of the proportion of shares.

During the A round of financing, Xiaomi Company split its shares, splitting the original 5 shares into 5 million shares, and the shares held by Frontier Angels were diluted proportionally according to the corresponding rules.

However, the 5% held by Fang Nian himself was exchanged for 2500 million shares.

At that time, Fang Nian invested a certain amount of capital proportionally in order to keep the number of shares held by Frontier Angels unchanged.

However, this round of financing did not carry out stock splits or dilution.

The amount of equity held by all Series A investors has not changed.

In this round, a small part of the total equity is divided and issued to the B-round investors. In fact, this part is divided from the equity pool set up by founders such as Lei Jun.

Only 8% of the total share capital.

Based on the valuation and the scale of Xiaomi’s development, it will split shares again around the next round of financing.

However, there may be another C-round financing with a small amount of shares, which will reasonably push up Xiaomi's valuation in the capital market again.

Whether it should be said or not, Lei Jun is still very skillful in capital operations.

but……