my fintech empire.

Chapter 136 [Xingyu Technology]

This little routine can only be said to be an ordinary way of playing, and the deeper routines should not be shown to Hexuan, as some routines are too dark and will scare her.

In fact, Hexuan also passively took an indirect routine. She donated all the income from her Weibo account, which meant that she could not accumulate assets for herself, and the property under her name was equal to zero. Fang Hong can give.

However, this is not Fang Hong's intentional calculation, and he doesn't bother to do it at all, let alone donate it. He just donates all the future income from his Weibo account to build a positive image, and this is bound to happen.

He Xuan didn't think much about it, and immediately decided to do what Fang Hong said, and decided to share her daily life on Weibo as a "knowledge fashion" from now on.

Picking up the digital camera again, I selected a satisfactory one from dozens of photos and shared it on Weibo. In the photo, Hexuan was demure and elegant, with a hint of laziness, sitting in the glass hanging basket and watching intently. computer.

However, the photo shared by Hexuan is mainly to highlight the character itself. The background of the photo does not reveal much valuable information, and the perspective is not wide and it cannot be seen that it is in a mansion.

"It would be great if I could post videos..." He Xuan chose a photo to share and post on her Weibo account, then looked at Fang Hong and said, "Hey, can you ask Xu Jingren and the others to add a video posting function to Weibo?" ah?"

Just posting pictures and texts can no longer satisfy her desire to share.

Fang Hong said: "The video sharing function should be launched in a few days, and it will most likely not exceed a week."

In fact, the video sharing function has been developed as early as a month ago and can be launched at any time.

There are two main reasons why it hasn't been uploaded yet:

One reason is that we are waiting for those competitors from major Internet companies to launch their Weibo products. When the time comes, Weibo will launch new functions to ensure that our own platform has rich gameplay. It will take time for those major Internet companies to update their versions. Give Weibo a certain first-mover advantage, and if it can lead by one day, it will lead by one day.

Another reason is the issue of money. Once the video sharing function is launched, the operating cost of the website will inevitably be greatly increased, and the bandwidth cost will soar rapidly. Videos are more expensive than pictures and texts.

The website needs to pay the operator equally for the traffic generated by the user, that is to say, the user uses the broadband or traffic card to bear the offline traffic, and the website bears the corresponding online traffic.

Carriers charge in both directions.

The reason why online video sites are difficult to make profits and remain at a loss for a long time is that the expenditure on bandwidth costs accounts for a large proportion of operating costs, especially with the surge in users, it is embarrassing for the video site platform side, and the number of users will not increase. , If the number of users soars, the "network fee" can't bear it, so you can only find VC dad to raise funds to maintain operations, or go to a giant tree to enjoy the cool.

Youtub in foreign countries is a good example of Google, including online video sites such as Youku, Tudou, and Aiqiyi in the mainland. In the end, without exception, they all sold themselves to big companies that were not short of money.

……

The following day, Monday 3 November.

Big A ushered in the first trading day of the new week, the Shenzhen Component Index has broken through the previous high, and the Shanghai stock index is one step away from the previous high of 2402 points.

However, today there is no upward breakthrough, but a shrinkage adjustment, and a small negative line is closed.

As of the close, the Shanghai Stock Exchange Index closed down -0.69% to 2358.04 points, with a turnover of 1270 billion; the Shenzhen Component Index closed down -0.91% to 8912.18 points, with a turnover of 620 billion. The total turnover of the two cities was 1890 billion.

The trend is not going bad, the market is still above the 5-day moving average, there is no technical problem, and there is no major negative news. Investors are still optimistic on the whole. They are optimistic that the Shanghai Index will break through the new high for the year. Break through first.

……

In the afternoon, Qunxing Capital headquarters.

Qin Feng came to Qunxing Capital headquarters as scheduled, came to the company's consultation desk, looked at the young lady sitting inside and said, "Hello, my name is Qin Feng, and I was introduced by Fang Hong."

When the lady at the front desk heard the name, she looked at Qin Feng in surprise. She knew Fang Hong's name, and immediately responded, "Please wait a moment."

She was also not sure whether what Qin Feng said was true or false, so she picked up the phone and called Hua Yu's assistant to inquire about the situation.

Qin Feng also waited patiently. On the other side, Huayu's assistant quickly called his immediate superior after receiving the news.

Huayu in the CEO's office called back and said, "Go and invite Mr. Qin to my office."

"Good Mr. Hua."

After a while, Huayu's assistant came to the front desk of the company, saw a young stranger here, and immediately stepped forward and asked, "Are you Mr. Qin Feng?"

Qin Feng nodded: "I am."

Hua Yu's assistant smiled and said, "Mr. Qin, Mr. Hua is already waiting for you."

Qin Feng was very surprised when he heard it, but he didn't expect Fang Hong to have such great energy. This obviously shows that he has greeted the head of Qunxing Capital.

In the CEO's office, Qin Feng and Hua Yu met.

At the sofa in the rest area, Huayu took the business plan that Qin Feng rushed out overnight, but he didn't read it, but put it aside, looked at Qin Feng and said with a smile: "Brother Fang introduced you. Yesterday, I spoke to him on the phone, and he told me that your company is worth 3500 million yuan, and I don’t doubt his judgment, Qunxing will finance you this amount.”

"Uh..." Qin Feng was stunned for a moment, glanced at the proposal and said, "Aren't you going to read this proposal before making a decision?"

Hearing this, Hua Yu smiled lightly and said, "Frankly speaking, Brother Fang's approval from me is ten times and a hundred times more valuable than your project proposal. I have no doubt that he will pass the test."

[Damn, if I had known this, I wouldn’t have written it, it made me spend the whole night in vain. ]
Qin Feng couldn't help complaining in his heart when he heard this, but at the same time, he was surprised again. He was very surprised that Fang Hong could talk to Hua Yu. Yu's weight here will be so important, so trusting.

This greatly exceeded his expectations.

For a while, Qin Feng was also very curious about Fang Hong, not knowing what he did or what his family background was.

Judging from the meeting yesterday, it is definitely because of his amazing background. Not to mention anything else, just living in a top-notch mansion like Huayang Villa already shows that his status is extraordinary.

Such a short sentence from Huayu made Fang Hong's weight in Qin Feng's mind rise several times in an instant. Judging from this situation, the company will develop financing in the future. As long as Fang Hong can be dealt with, it can be regarded as being able to deal with the stars. Capital is an investment institution.

If you want to raise funds in the future, you can go directly to Fang Hong to talk to him first.

After a while, Hua Yu still smiled and said, "But I have an additional condition from Qunxing Capital."

Qin Feng nodded and said, "Please tell me."

Huayu: "Stars Capital needs a veto right for your company."

When Qin Feng heard the condition put forward by Qunxing Capital, he didn't get too entangled, and nodded directly on the spot: "No problem."

He couldn't refuse this condition, because his company didn't even have a shadow yet, and it had already given a valuation of more than 1 million yuan, and directly provided financing of 1600 million yuan.

Although Qin Feng is not in the financial circle, he has naturally learned about the financing environment of venture capital if he wants to start a business. Although he doesn't know much about it, he also knows that it is difficult to obtain financing of the same standard from other VC institutions based on his own situation.

It can even be said to be almost impossible.

Reject Qunxing Capital, basically no second venture capital institution is willing to give the same financing scale.

The two chatted for a while, and the two sides quickly completed the initial signing of an agreement. The formal agreement will be signed after a while, because Qin Feng's company has not yet been registered.

It can be seen that he really can't refuse Qunxing Capital. In this situation, if he goes to other venture capital institutions to solicit investment, he will probably be thrown out as mad.

Qin Feng has already decided on the name of the company, and it will be called "Xingyu Technology".

After obtaining the first angel round financing from Qunxing Capital, the equity structure of Xingyu Technology is as follows: Qin Feng personally accounts for 50% as the largest shareholder, Qunxing Capital accounts for 30% as the second largest shareholder, and reserves 20% for the option pool. Incentives for talents.

……

(Ps: Let me report to you, as of the release of this chapter, the average subscription data is 1938, which is 2000 short of 62)
(End of this chapter)