I Won a Prize of 100 Million at the Beginning, and I Became a Capital Boss

Chapter 62 Interconnection is about to start Series A financing?

Chapter 62 Interconnection is about to start Series A financing?

Entering the middle of May, both Zheng Wentong and Bai Xiaolu became busier.

Bai Xiaolu will start filming her first micro-movie starring her this weekend. The filming time will be 3 to 4 minutes. The male lead originally planned to invite Zhang Mingen to play the role, but the male lead has no schedule.

However, it may also be that he dislikes the low salary and has to cooperate with Bai Xiaolu's shooting time, which can only be selected on weekends.

In the end, Yuan Shuang had no choice but to temporarily pull in his friend Wang Rui to save the scene. He also graduated from an acting major and came from a major.

Wang Rui has no background resources, and can only play small supporting roles or group performances without lines in film and television dramas. He has already begun to give up his acting career and plans to change his career.

Wang Rui was also born in 1990 in Longcheng, Jiangsu Province, and he and Bai Xiaolu are fellow villagers. When the two play against each other, it is easier for Wang Rui to laugh if he speaks a dialect.Fortunately, the director Yuan Shuang is more professional, and the shooting of the first few sets of shots went relatively smoothly.

Zheng Wentong rented an entire office building on the fifth floor of Building 10, Lujiazui Software Park, at a monthly rent of 16.5.

He re-registered two companies, Puhai Weike Information Technology Co., Ltd. (referred to as Weike Xinke) and Huaxin Comprehensive Financial Services (Puhai) Co., Ltd. (referred to as Huaxin Financial Services).

微克信科和华信金服的注册地址为峨山路98号10号楼501室和502室,注册资金分别为2000万和500万人民币。

Wang Zhiliang moved all the research and development team of Wei Toutiao here, and he also formally resigned from the position of technical director of Puhai Interconnection Information Technology Co., Ltd. to concentrate on the application development of Wei Toutiao, Weishi and Weidu.

At present, the development team of Weike Xinke has more than 80 people. Zheng Wentong asked Wang Zhiliang to double the manpower every month in the next two months, 6 people at the end of June, 160 people in July, and 7 people by the end of 320.

According to Zheng Wentong's request, in July 2015, the Weitoutiao APP was officially launched, in October 7, the Weidu APP was officially launched, and in January 2015, the Weishi APP was officially launched.

Zheng Wentong also contacted the headhunting company and asked them to recruit an Internet content review team to be responsible for reviewing the text and picture content uploaded by Weitoutiao users every day. In addition to manual review, robots will also automatically grab it.

Anyone with a discerning eye can see that Weike Xinke is the son of Ramp Capital, and Interconnect has become the godson of Ramp Capital.

Perhaps stimulated by Weike Xinke, Zhang Yi recruited a group of fresh graduates who are about to graduate from his alma mater, Huagong University. He already has a clue how to realize commercial value in Universal WIFI.

The securities investment department led by Unit Ping has begun to gradually reduce the holdings of Yinzhijie, Dongfang Fortune and Flush.

Yao Yutong saw a huge amount of money in the company's account. Although she knew that the money had nothing to do with her, it was quite enjoyable to watch the numbers grow.

Zheng Wentong has achieved sleep until he wakes up naturally, counting money until his feet cramp.

Yao Yutong thought to herself, if she had [-]% of Zheng Wentong's personal assets, she wouldn't have the motivation to continue working. Wouldn't it be good to enjoy life after being financially free?

On May [-], Yi Zhongnan, executive vice president of Pujiang New Area, and other district leaders inspected Puhai Interconnection Information Technology Co., Ltd.

Zheng Wentong, founder of the company, and Zhang Yi, technical director, introduced to the district leaders the operation of Universal WIFI after it went online. Xiong Xiaoge from IDG Capital accompanied him to participate in the inspection.

Yi Zhongnan encouraged all employees of Puhai Interconnection Information Technology Co., Ltd. to make persistent efforts, be brave in innovation, respond to the government's slogan of Internet +, combine Internet technology with traditional industries, and help and serve more small and micro enterprises.

Although the scale of Puhai Interconnection Information Technology Co., Ltd. is small now, it has a good development prospect.In the district, your founding team will make the company bigger and stronger, and make it a new business card in the Internet industry in Pujiang New Area.

Zheng Yaqing met Yi Zhongnan on the New Year's Eve, and the people-friendly Deputy District Chief Yi inspected the fireworks show jointly planned by Station B and Puhai Interconnection. The people who participated in the New Year's Eve on the Internet chatted cordially and took photos together.

She felt that Yi Zhongnan was a little different, so she asked Sister Xu Ru.Xu Ru explained a little bit, "The main reason is that we are District Chief Yi and have been promoted, so we look more majestic."

"Didn't he be the deputy district chief last year? He's the deputy district chief this year?" Zheng Yaqing didn't understand.

"There are a lot of people now, so I'll explain to you later. After all, the deputy district chief is also very different from the executive deputy district chief."

Zheng Wentong and Xiong Xiaoge took the area they came to visit to the downstairs of Pufa Building. Xiong Xiaoge was very pleasantly surprised, "I thought it would take a month or two, but I didn't expect that there are businesses starting to advertise on Universal WIFI now."

"Our initial pilot is the cpc model. After the number of users is further expanded, we will start to fully promote the cpm model."

The advertising of mobile APP is mainly divided into cpc and cpm.
The essence of Cpc is an advertising model that is billed by the number of clicks. The settlement is based on the number of clicks. Only displaying the advertisement content is not considered an advertising fee, and customers need to click to calculate the revenue.

Cpm is essentially an advertising model that is billed by the number of impressions. It is settled according to the number of times users watch, and the revenue is calculated as long as the views are displayed.Universal WIFI is currently charged according to 1000 times of display.

"It doesn't matter how much the initial advertising cost is, how many merchants you can share with, and how many offline stores are willing to scan the code to share the WIFI network is what matters."

"We don't care about the current data, and we value your development potential more. The free WIFI traffic plan proposed by Zhang Yi is very good. As a major customer, we will purchase WIFI traffic from the three major operators and then share it with your users for free. Rapidly expand the user base."

"You have to put more energy into promotion in third- and fourth-tier cities, and seize their desire to take advantage of the small advantage. The temptation of free Internet access can attract a large number of new customers."

"And these new customers are often the customer groups that the big platforms such as Taobao and Toutiao have not tapped. The traffic you buy becomes users, and users bring advertising fees. According to my estimation, as long as your number of users exceeds 1 million, and the monthly advertising expenses of an Internet company alone will exceed 1000 million.”

"I have also considered this, because there are similar types of applications on the market. They provide more WIFI equipment to B-end customers, and then obtain C-end customers. User."

The B end refers to the merchant, and the C end refers to the customer.However, the cost of this input method is relatively high, and Zheng Wentong plans to take another path.

Expand the server, optimize the network, improve the networking rate and networking stability, enhance the customer experience, and launch the one-click networking function.

"Mobile Internet entrepreneurship was different in 2000. Penguin and Ari, one invested in Didi and the other invested in Kuai. They burned money every day, tens of millions a day. In the end, both Pony and Lao Ma Can’t stand it, Didi and Kuaidi merged in February this year.”

"In April, 4.com and Ganji.com merged again. If you can't do the second one, then choose to acquire the second one. There is no need to waste the money raised by internal friction." Xiong Xiaoge said with emotion.

"However, I support you to burn money first. If you don't burn money, there will be no market. Your idea of ​​​​cooperating with the application distribution market of Android mobile phone manufacturers is no problem. Application distribution software such as Pea Pod, 91 Mobile Assistant, and Yongyongbao Sooner or later, it will be replaced by the mobile phone manufacturer’s app store.”

"We have to burn all the money from the A round of financing and burn out the market share. When the number of universal WIFI users exceeds 3 million and the number of daily active users exceeds 5000 million, we will start the B round of financing."

"According to my estimation, when the number of users of Universal WIFI exceeds 5 million, other similar mobile phone software will not be able to shake the market share of Universal WIFI." Zheng Wentong gave his own judgment.

"Well, according to our agreement, the shares of the A-round financing will be diluted by IDG to other shareholders who are ready to invest. I heard that you have made a lot of money in the stock market this year, and you are not short of money anyway."

In order to split Wei Toutiao from Puhai Interconnection Information Technology Co., Ltd., Zheng Wentong and Xiong Xiaoge made an agreement.

Puhai Interconnection Information Technology Co., Ltd. A round of financing, slope capital does not dilute the equity, and IDG capital is the transferee of shares.

Before the B-round financing of Interconnect, Incline Capital will transfer the same proportion of shares to IDG Capital, and the transfer price will be based on the valuation of the A-round financing of Interconnect.

What does that mean?For example, if Interconnect is currently valued at 4 million, and IDG Capital transfers 5% of its shares to introduce other shareholders to complete the A round of financing, then IDG Capital will receive 2000 million in one go.

IDG Capital first bought 500% of the shares of Interconnect from Yanjing Lutong Investment at a price of 10 million, and then bought 1000% of the shares at a price of 5 million.

Now in the A round of financing, IDG Capital sells 5% of the shares in exchange for 2000 million funds, and continues to hold 10% of the shares in the interconnection, which is already a huge profit.

If Interconnect completes the B round of financing at the end of the year or in the first half of next year, then Ramp Capital will sell 5% of Interconnect shares to IDG Capital before the B round of financing, and the price will still be 2000 million.

This has two advantages for IDG Capital. First, IDG Capital's shareholding ratio in Puhai Intercom Information Technology has not changed, which is still 15%.And the valuation of the B round of financing is usually much higher than that of the A round.

Second, ramp capital is equivalent to providing IDG capital with an interest-free loan of 2000 million yuan, which can be used by IDG capital for at least half a year.

The reason why Zheng Wentong proposed this condition was to get Xiong Xiaoge to agree to split the Weitoutiao team from Interconnect.

Of course, as an absolute controlling shareholder, Zheng Wentong directly splits the Wei Toutiao team and joins the newly established Puhai Weike Information Technology Co., Ltd., and it is useless if 15% of the shareholders object.

It's just that the cooperation between Zheng Wentong and Xiong Xiaoge is quite pleasant at present, and there is no need to turn against each other.Unless it really involves hundreds of millions, or even more than a billion interests, when it's time to tear your face, you still have to tear your face, and you will never show mercy when it comes to black hands.

"By the way, when is your slope capital investor meeting scheduled?" Xiong Xiaoge asked casually.

"May 5, Saturday at 30:[-] p.m., in the conference hall on the second floor of the Waldorf Astoria Hotel on the Bund."

"Why choose Saturday? I want to take a break at the end of the month." Xiong Xiaoge complained.

"Brother Xiong, we are investors, so there is a saying of weekends? The reason why I choose Saturday is because I have something to do these days."

Xiong Xiaoge thought that Zheng Wentong was about to start a new investment project, so he asked him why he was interested.

"Show a house, buy a house!"

 Thank you Qinglian Swordsman for your reward, and thank you Zhan Shanjun, Mo 0ying,

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  Monthly pass for Hacker God's Treasure, Longing for the Past, 201811110129931999.

  
 
(End of this chapter)

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