China Entertainment's whatever you want

Chapter 90 Byte Beat
The time soon came to August, and more than half of the filming of the TV series was completed. The director was very pleased to see that the filming progress was getting faster and faster.

According to the current progress, it is estimated that by the beginning of September, all the TV dramas will be filmed and completed in advance.

It's a pity that one after another news broke the director's unrealistic thinking.

The heroine Yang Mi is going to ask for leave again.

As a popular star, it is unrealistic for you to expect her to devote herself to filming in the crew for 3 months.

There will be all kinds of things to come to her, and asking for leave is commonplace.

Fortunately, [Gu Jian Qi Tan] is a big production with an investment of hundreds of millions, and it is also a drama produced by Yang Mi's boss Huanrui.

Yang Mi didn't dare to go too far.

Otherwise, according to her current popularity and her own work habits, two or three plays at the same time would be light.

[Little Times 8] was released in August. Although the popularity of 2 has not subsided, actors like them have to come out to promote it.

At the same time, another movie [Gongsuo Chenxiang] that Yang Mi participated in was released at the same time. This movie with the same name as the TV series [Gongsuo Xinyu] is Yu Zheng's play.

Although Yang Mi played a friendly role in it, but Yu Zheng's favor had to be repaid. This movie is mainly based on the popularity of the TV series "Gong".

She has to help spread the word.

On the second day after the heroine left, Gu Wei also asked for leave.

Manager Yang Liwen called him, and Zhang Yiming let go, wanting to see Gu Wei.

Talk about financing.

Yang Liwen contacted Zhang Yiming when she was filming in Thailand, but [ByteDance] was developing well at that time, and the money from the A round of financing had not been burned.

Moreover, Zhang Yiming is still wary of Yang Liwen, an inexplicable investor who came to the door.

In recent months, things have changed dramatically.

Originally [Byte]’s APP [Journal Toutiao] launched last year has been going smoothly, and the number of registered people is also increasing.

As long as the time comes, you can continue to raise funds in the B, C, and D rounds, and finally successfully go public and reach the pinnacle of your life.

Just when everything seemed to be going well, suddenly some media on the Internet exposed that [Today's Toutiao] was suspected of copyright infringement!
Soon many online media exposed at the same time that [Today's Toutiao] was suspected of infringing on the copyright and copyright of other news media. It is hoped that its infringement behavior will be changed as soon as possible and rectified in time.

Because of the large number of media involved, it set off a wave on the Internet.

Zhang Yiming was in a state of desperation, and some financing parties who were originally negotiating were affected by public opinion and retreated one after another.

In fact, [Today's Toutiao] does have infringements, and Zhang Yiyi, the CEO, is well aware of this.

[Toutiao] is a news app, but it does not produce even a piece of news.

All the above news content is crawled from other websites.

It is a recommendation engine application based on machine learning, with the purpose of helping users find valuable information efficiently.

However, this valuable information is left on its own application after being captured by it, and the user's traffic is naturally deposited in [Toutiao].

It's okay if there are few people watching.

Now that the number of registered people is slowly increasing, other media will see that you don’t need to send people or effort, just copy our news, and then all the users go to your home, and the advertising fees are full of money.

Of course they are not happy.

Moreover, the [Toutiao] algorithm captures news from the entire network, which is to say, it stands on the opposite side of all media.

Gu Wei returned to the capital and met Zhang Yiming under the arrangement of Yang Liwen.

The meeting place was set at Gu Wei's company. After all, this time and that time, [Byte]'s predicament at this time gave Gu Wei a little initiative.

And letting Zhang Yiming come to the company can also let him have a look at the strength of the company, it is not a grass-roots team as imagined.

After more than half a year of recruitment and expansion of Wei Mingxia Film and Television Company, it is no longer the original situation of two or three big cats and kittens.

Due to the increase in personnel, the company has already contracted an entire floor of the original location as an office.

In the conference room, Gu Wei and Zhang Yiming met for the first time.

Zhang Yiming is in his early 30s. He is short and thin, with dark skin and small eyes. He wears a pair of black-rimmed glasses, a sky blue T-shirt, and jeans.

It doesn't look like a CEO of an Internet company with a valuation of hundreds of millions, but like an ordinary 'code farmer'.

The two shook hands and sat down.

"Mr. Zhang, I have admired your name for a long time, and I have always been lucky to meet you today."

Gu Wei is used to it, first he will boast, the relationship will be closer, and the goodwill will be filled, and then he will talk about other things.

"Mr. Gu, you are being polite. Your manager has approached me several times before, and the company was too busy a while ago. Now I finally have time to talk to you."

Zhang Yiyi smiled honestly. He was born as a programmer. He didn't have the elite style of a big company at all. Instead, he gave people a sense of honesty and honesty. .

Gu Wei greeted him a few more words, and then got straight to the point.

"Mr. Zhang, I used the APP developed by your company last year, and I think this product is very good.

Although the function is simple, it is practical and convenient. I can see that the algorithm for capturing and distributing content is the most essential thing in the APP.

I heard that your company has plans to raise funds in the near future. I wonder if I have the honor to join your company? "

"This? Boss Gu, to tell you the truth, I really came here today to talk to you about financing.

Although the capital flow in the company is not tight now, but are we prepared? We are also starting to consider the next round of financing. "

After speaking, he frowned slightly
"It's just that I have a doubt. Recently, there have been a lot of news about [Today's Toutiao] on the Internet. Since you want to raise funds, I believe you will also pay attention to it.

Don't you worry that [Toutiao] will fall down completely because of copyright infringement, as many people on the Internet say.

In that case, your investment may be in vain. "

Although money is needed, Zhang Yiming still wants to figure out the matter.

Gu Wei lowered his head and thought for a while, then smiled and looked at Zhang Yiming

"I understand Mr. Zhang's doubts, but this is how I think about it.

I know the predicament [Toutiao] is facing now, but I'm not worried about it.

The network environment in our country is different from that in the West. We developed late, and we learn everything from others.

In the early days, in order to be able to compete with mature foreign Internet companies, domestic Internet companies did many things such as plagiarism and infringement.

Although things are not done right, we must survive first.

We must not allow foreigners to occupy our Internet market.

Therefore, various laws, regulations and policies are relatively loose.

With the further maturity of the network market, this situation is changing little by little.

But so far there has been no fundamental change.

[Headline] Although it violated the interests of some people, I believe this will not be the reason for its downfall.

Laws and policies will not knock him down, only itself can knock it down.

Crisis crisis, where there is danger, there will naturally be opportunity.

The current situation is not a good opportunity for [Toutiao] to grow bigger and stronger and develop. "

Gu Wei said a lot in one breath, then lowered his head, picked up his teacup, and took a sip.

After listening to Gu Wei's words, Zhang Yiming thought more.

"Thank you very much Mr. Gu for enlightening me, I'm a little lost."

Immediately Zhang Yiming sighed again

"That being said, the truth is the same, but there are only a few who are willing to fight. Mr. Gu has this courage, which is already better than most people."

Gu Wei smiled, "Others don't know whether you will win or lose in the future, but I know you will definitely win."Before going to the table, I have seen everyone's hole cards, so I dare not bet. '

"Of course, the most important thing is that I believe in Mr. Zhang's ability.

Before I wanted to invest in [ByteDance], I also got to know Mr. Zhang through various channels.

I think you are a true genius.

I have always believed that only by working with capable people can we achieve ultimate success.

Rather than saying that I want to invest in [ByteDance], it is better to say that I want to invest in you. I believe that under your leadership, [ByteDance] will eventually become a great company. "

As Gu Wei said, he looked at Zhang Yiming eagerly.

He was very moved by what he said.

"Mr. Gu, I am overwhelmed by your love.

I, Zhang Yiming, are not as capable as you said, but I do have the desire to do well in the company.

To tell you the truth, some time ago, several investment companies had plans to raise funds, but because of this incident, most of them backed down.

Now besides you, there is also a Russian venture capital company negotiating with us. "

"It's okay, I understand this very well, good girl Baijia please.

Let me ask you a question, what is the amount we plan to raise in the B round, and what is the current valuation of your company? "

Gu Wei asked.

"We plan to raise USD 1000 million in the B round, and the company's current valuation is USD 5000 million." Zhang Yiming replied.

As Gu Wei knew, it seems that the last Russian venture capital company agreed to the valuation of [Byte], and the original time-space [ByteDance] round B financing was invested by DST Global, an investment company headquartered in Moscow.

Invested $1000 million with a valuation of $5000 million.

After financing, the valuation was 6000 million US dollars, and DST accounted for 16.66% of the shares.

"Mr. Zhang, I completely agree with the valuation of your company. I can use 1000 million US dollars for financing, and after financing, I only need 15% of the shares.

After the financing, I will sign a concerted action agreement with you as a shareholder and entrust you with full voting rights. "

Zhang Yiming's eyes moved when he first heard that Gu Wei only wanted 15% of the shares, and later he heard that he could sign a concerted action agreement, and raised his head suddenly.

"Mr. Gu, are you serious?"

"Of course, although I, Gu Wei, am not a great person, I have never broken my promise." Gu Wei said lightly.

Then he added the last weight to Zhang Yiming's inner balance.

"Mr. Zhang, I believe that the B round of financing is definitely not the end of your company. Internet companies, everyone is rushing to become bigger and stronger and finally go public.

In order to go public in the next few rounds of financing, some international capital will definitely join in.

If foreign investors are allowed to join from the B round, then after the later rounds, the majority of the company's shares will be international capital.

This is not a good thing for a local Internet company. "

Zhang Yiming didn't hesitate after hearing this

"Mr. Gu, your conditions are very favorable, and I welcome your investment in principle.

But this is not a trivial matter after all, I need to go back and communicate with my team. "

"Mr. Zhang, I'm waiting for your good news."
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"Mr. Gu, do you really want to invest 1000 million US dollars in Zhang Yiming's company?" The communication with [Byte] was handled by Yang Liwen.

She is also a little unbelievable at the moment, is she going to invest more than 7000 million in a company she doesn't know?

You must know that this money is not used to make movies.

Investment is not an area they are familiar with, and who knows if they will lose all their money in the end.

"Of course, I have already agreed, as long as he nods, I will invest the money.

Sister Yang, help me find an authoritative third-party company, as long as Zhang Yiyi nods, do due diligence as soon as possible, and then sign the contract. "

Two days later, Zhang Yiming gave a reply, accepting Gu Wei's financing.

Hearing this news, Gu Wei felt as if he had put down a huge boulder.

This investment may be the most profitable investment in his life.

You must know that as of 2020 [ByteDance] will accept financing from Tiger Global Fund, with a valuation of 1000 billion US dollars.

Although Gu Wei's shares have been diluted by round after round of financing, at least there will be hundreds of times of income.

With the cooperation of [Byte], third-party agencies entered the market and began to do due diligence, which is a necessary procedure before a company raises funds.

The investment company needs to make sure that the invested company is normal in terms of assets, liabilities, finances, legal relations, corporate data, etc., and there is no fraud.

Gu Wei believed in Zhang Yiming, but the investment process had to go through.

Sometimes if you sign or give money rashly without any guarantee, it will not be regarded as trust, but will only be looked down upon by others, thinking that you are a fool with a lot of money.

So although Gu Wei was very anxious, he still patiently waited for the due diligence process to be completed.

1000 million US dollars is already in the account of the investment company established by Gu Weixin, and it will be transferred to [Byte] after signing the contract.

After the due diligence began, Gu Wei flew back to Hengdian to continue filming. It shouldn't take too long. If Gu Wei asked for another two weeks' leave, not only the director, but Mr. Chen of Huanrui would have to come to him.

Although he was on the set, but he pretended to be something, Gu Wei was a little out of shape every day when he was filming.

Fortunately, it's just a Xianxia idol drama.

With Gu Wei's acting skills, he can be on par with other actors in casual acting.

Two days later, Yang Mi also returned to the set.

In the evening, I went to find Gu Wei as usual, after a fierce basketball game.

Yang Mi lay quietly on his chest, stroking his strong chest and abdominal muscles back and forth.

"Is there something on your mind these days? Seeing that you are absent-minded every day?"

"I'm optimistic about a company in the capital, and I'm going to invest some money in it." Gu Wei didn't shy away from Yang Mi either.

"What kind of company, don't let people deceive you." Yang Mi looked worried.

These days, celebrity financial management people cheat a lot of money.

Many celebrities have low education, and they have no good financial management channels to make money from filming and commercials.

In the end, people fooled and cheated the money.

"Don't worry, I'm the kind of person who is easy to deceive. It's just an ordinary financial investment, but the amount is larger."

"How much did you vote for?" Yang Mi asked curiously.

Gu Wei stretched out a finger.

"100 million?" Shaking his head.

"1000 million?" Yang Mi exclaimed.

"1000 dollars!"

Hearing this number, Yang Mi's breathing became heavy, and Gu Wei became more attractive in her eyes.

Her hand slid down slowly, and a new game was about to start.

(End of this chapter)