Super Copy of Great Power Technology
Chapter 537 Ruixue Interactive Entertainment's Second Financing
Qiao Ruida could not have thought of this at first. After all, the security situation in the country was too good. As a native Chinese, who could have thought that there would be spies around him? It was Jarvis who found suspicious people during the routine review of surveillance videos, searched online, and locked the identities of these people as spies. Then he notified the company's security department and arrested some of the spies who had infiltrated the company. As for those spies who had not yet taken action, they could only report the case and notify Uncle Hat to arrest them. When Qiao Ruida learned about the situation, the spies had been controlled, and Uncle Hat's people also rushed over to handle the follow-up. Qiao Ruida became the last person to know.
After this incident, the Ruida Group once again strengthened its security force, expanded the security team again, and installed more cameras inside and outside the company, truly achieving no-blind-angle monitoring. I believe that with these ubiquitous cameras, coupled with the 24-hour uninterrupted monitoring of the artificial intelligence Jarvis, anyone who wants to attack the Ruida Group will inevitably be exposed. In addition, in order to deal with unexpected situations, the Ruida Research Institute has launched a new guard robot research project. For those bad guys, it is necessary to subdue them in a short period of time without killing them with one blow.
On this day, Qiao Ruida was processing documents in the office, and Qiao Ruixue, who had not been seen for a long time, suddenly came over. Du Qingqing said that before Qiao Ruida came back, her sister Qiao Ruixue had been with her and lived in the courtyard of Shijia Hutong. After learning that Qiao Ruida was about to return to the capital, Qiao Ruixue felt that her presence might affect her brother and future sister-in-law, so she moved back to school. As a result, the two siblings only met once recently, and that was at school. Now half a month has passed, and Qiao Ruixue actually took the initiative to find Qiao Ruida's office. I don't know what happened.
"Xiaoxue is here, please sit down. Xiaohe, make two cups of Jin Jun Mei and bring them over." Seeing his sister, Qiao Ruida casually asked her to sit down.
"Sister He, I don't drink tea. If you have iced black tea, please give me a bottle." Qiao Ruixue sat down on the sofa by the window, reached out to tidy up her bangs, and said.
"In this winter, you can drink iced tea without worrying about freezing your tongue." Qiao Ruida finished reading the documents on his hand, stood up, walked to sit opposite Qiao Ruixue, looked into her eyes and asked, "As the old saying goes, one never comes to see you for no reason. Tell me, what do you want to see me for this time?"
"Brother, my Ruixue Interactive Entertainment Company is planning to conduct a second round of financing. I would like to ask if your Ruida Group wants to lead the investment?"
"Oh, why did you choose to raise funds at this time? I remember that your company just got a 20 billion loan from the Industrial and Commercial Bank of China last month. Didn't you burn it all out so quickly?"
Ruixue Interactive Entertainment is a pure Internet company, and its main business is short video software. Internet companies like Ruixue Interactive Entertainment have to spend a lot of money to attract users and occupy the market in the early stages of development. The investment is often very exaggerated, and it is almost impossible to survive entirely with its own funds. Only after the user scale reaches a certain level can profits be obtained through advertising, selling products, selling VIPs, etc. Therefore, after the establishment of an Internet company, it is normal to conduct three, four, or even five rounds of financing. Ruixue Interactive Entertainment has been able to hold on until now and has only conducted the second round of financing, all thanks to the guidance of Qiao Ruida, the reborn guest, who obtained a certain profit at the beginning of the software launch. Coupled with the support of Ruida Group in servers and bandwidth, it has developed rapidly all the way to the present, becoming the leader in the domestic short video field, and has also occupied a place in the foreign online video market.
Qiao Ruixue shrugged helplessly and said, "It's not burned out yet, but it will be soon. In recent months, the user scale of Kuaipai software has grown too fast, especially overseas, with a daily growth of several million, which is really too scary. With this endless stream of new users, we have to continuously add servers and purchase more bandwidth, otherwise the software will freeze and affect the user experience. Whether buying or renting servers abroad, the cost is quite high, and the price of broadband is ridiculously high, so the company has to invest hundreds of millions of RMB in these two aspects every day. However, Kuaipai software is still in the stage of crazy marketing and promotion, and its profitability is quite limited. It can't cope with such exaggerated expenses at all, and can only rely on continued financing to survive."
“Since your software is going to be deeply rooted in the overseas market, it would be a good thing to conduct several rounds of financing and introduce some foreign capital into the company. Only when everyone has common interests can we work together to develop Ruixue Interactive Entertainment. With the involvement of these foreign capitals, the promotion of Kuaipai software abroad will be smoother.
There is absolutely no problem for our Ruida Group to lead the second round of financing. If you also want to make additional investments, you can tell me. As long as the amount of funds used is less than 10 billion, I can lend it to you at any time."
"Forget about the additional investment. I only took out 20% of the shares in this round of financing. If I give more, I'm afraid it will scare away those investors. Brother, I want to ask you, how can a short video software be operated to make a profit?" Qiao Ruixue asked seriously.
"If Kuaipai wants to make a big profit, it can only start from two aspects. One is to open source, insert more advertisements, and open VIP customers. It can provide VIP customers with higher video resolution, higher bit rate, and no advertisements. In addition, the live streaming with goods that I told you about is also very promising. If it develops well, the sales volume of goods will not be worse than those online shopping platforms. The second is to save money. The server can be purchased from Reda Technology with the latest graphene processor. The performance is excellent. One server can replace several traditional servers, but the energy consumption is only about one-third of the latter, and the price is not too high. As for the broadband fee, it is really impossible to streamline it. After all, if you set up a server on someone else's territory, you must use the broadband provided by the other party."
"Well, brother, I have written down everything you said. When we have a meeting later, I will tell our company's executives about it and discuss it."
The next day, Ruixue Interactive Entertainment announced through its official account that Ruixue Interactive Entertainment was about to start the second round of financing. For a time, the entire capital circle was all set off. Domestic and foreign investment banks, venture capital funds, and wealthy individuals came in droves, almost breaking the door of Ruixue Interactive Entertainment. There is no way, Ruixue Interactive Entertainment's advantage in the short video track is too great. Whether at home or abroad, they are the first company to open a short video platform, and the first-mover advantage is very obvious. Subsequent software development and promotion are also very powerful, and there are not many development opportunities for latecomers. What is even more rare is that the overseas development of Kuaipai software is quite smooth, and it has currently occupied half of the foreign short video market. In this way, a company with business spanning domestic and foreign countries, dominating the short video field, and has initially explored a profit model is about to start the second round of financing. Those investment companies and individuals who smell the smell of money are of course flocking to it.
Half a month later, Ruixue Interactive Entertainment, together with more than a dozen venture capital companies such as Ruida Technology, IDG, Softbank, and Sequoia Capital, held a press conference to announce the news that Ruixue Interactive Entertainment had completed its second round of financing. This round of financing was led by Ruida Group, followed by more than a dozen domestic and foreign venture capital companies such as IDG, Softbank, and Sequoia Capital. Ruixue Interactive Entertainment released a total of 20% of its shares, but the amount of financing reached an astonishing 600 billion, setting a record for the largest amount of financing in recent years. In other words, the valuation of Ruixue Interactive Entertainment at this time reached an exaggerated 3000 billion. This market value is simply too exaggerated for a new company that has just been established for a year, and it has broken the jaws of too many people. After this battle, Qiao Ruixue's wealth skyrocketed, and she successfully broke into the rich list, landing in fifth place, becoming the richest woman in the country.
The press conference ended after Qiao Ruida and Qiao Ruixue, brother and sister, stood together with many venture capital company CEOs and took a group photo. After seeing off the reporters, everyone went to the nearby Grand Hyatt Hotel for a celebration banquet. The host, Qiao Ruixue, was a girl, and it was difficult for everyone to persuade her to drink, so Qiao Ruida, as the older brother, naturally became the target of everyone's siege. All kinds of white wine, red wine, and foreign wine were served like money, and a group of middle-aged and elderly business elites took turns to toast Qiao Ruida.
"Come on, Mr. Qiao, I'll toast you. Speaking of which, Mr. Qiao is really young and promising. He started from scratch in his twenties and created a group company with a market value of one trillion yuan." "Mr. Qiao, let's toast! You and your brother are really amazing. You can get the top score in the province in school, publish papers in top journals in research and development, and run a company. You both became the top ten richest people in the country. It's really enviable."
"Yes, the two Mr. Qiao are really amazing. They have achieved success in their careers at such a young age. When I was your age, I was still in college, hanging out in Internet cafes playing games."
"No, no, thank you for your praise, seniors. I was able to achieve this because I happened to be in the right time. Come on, let's drink."
Qiao Ruida was very modest in his speech, but he drank very happily. No matter who persuaded him to drink, he would drink until the glass was empty. He looked very cheerful, like a big boy without any scheming. In fact, he had already transferred all the drinks he drank into the dimensional space. After this operation, the wine master and the ability to drink a thousand cups without getting drunk were no problem. If Qiao Ruida wanted to, he could drink all the time.
Qiao Ruixue was unaware of her brother's actions. When she saw Qiao Ruida drinking dozens of glasses of various drinks, looking drunk, she became very worried and found an excuse to call Qiao Ruida out alone.
"Brother, what's wrong with you today? You drank so much. From what I saw, you drank dozens of cups, at least more than two kilograms. Aren't you afraid that those old guys will get you drunk?"
Qiao Ruida found a napkin and wiped off the oil stains on his face. When he lowered his head, his eyes, which were originally hazy from drunkenness, immediately regained clarity. "Don't worry, Xiaoxue. I can drink a lot. This little bit of wine is just a drop in the bucket. There's no way those money-minded guys can fool me."
"Oh, so you were just pretending to be drunk. You made me worry for so long in vain." Qiao Ruixue stretched out her fist, punched Qiao Ruida on the shoulder, and complained.
"These old guys who are trying to get me to drink are not good people. So many people took turns to get me to drink, they must have something to ask for. The reason I pretended to be drunk was to see what they were going to do."
"So that's how it is. I understand. I will cooperate with you later and get those people to say something similar."
After the discussion, Qiao Ruida and Qiao Ruixue returned to the banquet hall to continue the performance that they had just unfinished.
Two more managers toasted Qiao Ruida with two glasses of wine. Qiao Ruida picked up the cup and drank it without thinking. Not long after, Qiao Ruida's eyes became more confused. He stood there with a weak body and spoke incoherently. It was obvious that he had drunk too much.
Seeing that the time was almost right, a very smart middle-aged man came up to Qiao Ruida and said, "Mr. Qiao, according to what I have learned, Ruida Group has many excellent subsidiaries, but only Ruida Network has successfully listed. Mr. Qiao, do you want to promote the listing of other subsidiaries as well?"
"Mr. Qiao, if all subsidiaries of your Ruida Group are listed, your wealth can at least increase several times. By then, it is also a high probability that you will become the richest man in the world."
"Mr. Qiao, I have news for you. The current U.S. stock market is in a slow bull market, which is the best time for companies to go public. We at JPMorgan Chase are one of the oldest investment banks on Wall Street. We have countless experts and professors in the financial field. We can help many of your subsidiaries under the Ruida Group to enter the listing process at the same time."
After listening to the three CEOs, Qiao Ruida finally understood the purpose of these old foxes who united to force him to drink. It turned out that they had set their sights on several subsidiaries of their Ruida Group and wanted to take them to the United States to raise money. In fact, with the strong ability to make money of the Ruida Group, the subsidiaries have never lacked money and have no need for listing and financing. As for the title of the world's richest man, it was too ostentatious and too conspicuous, which did not conform to Qiao Ruida's principle of being low-key, so he did not deliberately pursue it. Perhaps these old foxes also knew that Qiao Ruida would not agree to take out subsidiaries to the United States to list when he was sober. That's why they wanted to get Qiao Ruida drunk to see if alcohol could affect his judgment and thus accomplish the feat of "taking millet from the fire".
The goal was achieved, Qiao Ruida stopped pretending to be drunk, stood up straight again, and his eyes regained clarity. He said in a deep voice: "My companies are in good condition, developing rapidly, and their profitability is stable. There is no need for them to go public. Don't worry about it." (End of this chapter)
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