China Entertainment Anchor

Chapter 609 Byte Series B Financing

Zhang Yang took the document and looked at what they had discussed before. The valuation of Bytedance has reached around US$50 billion.

"Who is coming today?" Zhang Yang asked with interest.

"Mr. Shen, Mr. Wang and Mr. Xu will all be here."

"I have already met Zhang Lei. I want to take a good look at Shen Nanpeng this time!" Zhang Yang said and laughed. As for Wang Gaofei with a scarf, Xu Dalai with a snood, Zhang Yang didn't even ask how many shares ByteDance would raise. ask.

Zhang Yiming and others are not surprised at all that Zhang Yang is interested in Shen Nanpeng. They are the two most popular domestic venture capital investors, claiming to have invested in most of China's Internet companies.

Especially Shen Nanpeng, before he became a venture capital investor, he had two successful entrepreneurial histories. He was the founder of Xicheng and Home Inns.

Later, he became a venture capital investor and had numerous successful investment cases, among which Ali, Dianpin, Meiban, and DJI were the most famous.

Today, their appointment with Bytedance was at 10:30, but at 11:15, the teams from Bibo, Hongshan and Shunwei all arrived.

Before Wang Gaofei arrived, the voice came first.

Zhang Yang and Zhang Yiming were sitting side by side at the main seat. When he saw Wang Gaofei, he jokingly said: "Who is Wang always talking to?"

"Director Zhang, we didn't succeed in our cooperation last year, and we have to make up for it this year." Wang Gaofei said and opened the door of the conference room himself.

He has really admired the famous name for a long time. He thought that Shen Nanpeng had two successful businesses, but he was only worth a few billion.

Zhang Yang, Zhang Yiming, Zhang Lidong.

Just as Zhang Yang was about to speak, Shen Nanpeng, who followed Wang Gaofei in, also smiled at Zhang Yang and said, "Director Zhang, I have long admired your name!"

Wang Gaofei nodded in agreement after hearing this.

And what about Zhang Yang? I first invested billions in Internet, then the U.S. subprime mortgage crisis stirred up the situation. Then I invested in Tengxun and got a net worth of hundreds of billions.

Mr. Wang and Mr. Xu looked at Shen Nanpeng in surprise. He had increased the valuation by US$300 million at one time, which was a bit much!

Mr. Xu said: “USD 49 billion is already a relatively reasonable valuation.”

Zhang Yang was about to speak, but Shen Nanpeng said angrily: "We, Red Mountain Capital, are willing to lead the investment with a valuation of US$52 billion."

"Mr. Shen's name is very familiar to me!" Zhang Yang said with a smile. At the same time, he thought it was interesting that Shen Nanpeng still called himself Director Zhang on this occasion.

After hearing this, Zhang Yang smiled and nodded at him.

Shen Nanpeng didn't pay attention to their gazes. After he missed Goudong before, he felt very regretful. This time Byte Run has added nearly 2 million users in a year, so he definitely can't miss it.

Listening to them constantly discussing various issues, it was finally time to implement the valuation.

Wang Gaofei was a little surprised to see Zhang Yang, but his expression did not change, and he greeted Zhang Yang with a smile: "Director Zhang, you are here too!"

"Director Zhang, I have heard Mr. Lei praise you more than once." Mr. Xu from Shunwei also said politely to Zhang Yang.

That's right, there are currently three Director Zhangs in the conference room, including Zhang Yang.

Regarding their subsequent negotiations, Zhang Yang sat here like a tool man without saying a word.

"Fifty-six constellations, fifty-six flowers

Wang Gaofei, Xu Dalai and Shen Nanpeng saw that Zhang Yang was sitting here at Byte Run today. They looked at each other and knew in their hearts that a little more blood might need to be bled today.

If he were just like this, he would just be a rich man who was better than a rich man, but his success in the film industry made people even more fascinated. From the age of sixteen, it was as if he was cheating.

Fifty-six brothers and sisters are one family. "Zhang Yang suddenly sat there and hummed a song. After hearing this, the three parties all looked at Zhang Yang.

Zhang Yang caught his gaze and asked with a smile: "Do you think this song sounds good?"

Damn you, a few people looked at Zhang Yang and all felt disgusted. Zhang Yang was valuing ByteDance at US$56 billion!

Bi Shen Nanpeng's quotation suddenly increased by 4 million U.S. dollars. The emotional valuation can be increased by singing a song!

"US$56 billion is too much. It was only US$5 million last year." Mr. Xu raised his objection.

"That's not right! Wasn't it 20 billion US dollars last year? I spent 2 million US dollars and only got 10%."

The three-person team all looked at Zhang Yang and thought he was so shameless. What you said is irreducible. Can it be the same?

But no one said this. At present, it seems that ByteDance has found the right company to find Zhang Yang for financing. Everyone knows how ByteDance will pass this year.

"Zhang Yang, your idea is still too small. I think the May 2th Youth Day has a good meaning." Shen Nanpeng didn't blink and immediately agreed to add US$54 million, making it a valuation of US$ billion.

"Mr. Shen's situation is still big!" Zhang Yang said with a smile and glanced at Zhang Yiming.

Zhang Yiming understood that Zhang Yang did not intend to speak out again today.

In fact, the company's valuation can reach US$54 billion, which he feels has reached his expectations.

Then after some discussion, the teams of Bibo and Shunwei decided to go with! Be sure to follow!

At this time, Shen Nanpeng suggested to Zhang Yang: "Director Zhang, do you want to join us again?"

Zhang Yang secretly wondered why I would help raise the price today, so he waved his hand and said, "No, it's not a good thing for one person to have too many shares in the company."

"Your investment philosophy is similar to mine! But it's very different from Lao Dan." Shen Nanpeng said seemingly casually.

Tai Meng's boss is another low-key and mysterious figure, but his teacher is very famous, Mrs. Ye, who just took office as the chairman of the Federal Reserve last year.

By the way, two years ago, she privately criticized Buffett, thinking that he had no vision when investing in BYD, and Zhang Yang almost invested in BYD at the same time as Buffett. Shen Nanpeng was referring to this!

Lao Dan later became famous again when he became Wanda's white knight in 23.

One of his biggest investment characteristics is that he likes to hold shares.

"What I like better is Grispan, Mrs. Ye..." Zhang Yang did not continue. Mrs. Yale likes to unleash the economy, but Greenspan is the complete opposite of her in this regard.

Shen Nanpeng and Zhang Yang only spoke briefly and did not continue to talk in depth.

The financing was finalized soon after. Bytedance took out 10% of the shares and raised US$5.4 million. Hongshan led the investment with 60%, and Bibo and Shunwei equally shared the remaining %.

After several investment companies left, Zhang Yang did not stay long. Before leaving, Zhang Yang said meaningfully to Zhang Yiming and others: "When the company is valued at more than 100 billion US dollars, Byte will also be a giant in China's Internet."

Zhang Yang wanted to remind them that the company would have more competitors and they would have to compete with TAB.

"I hope the company can develop smoothly!" Zhang Yiming said modestly at this time.

Zhang Yang left the company with their greetings.

The next day, Bytedance announced that the company had completed Series B financing, with investments from Hongshan, Bibo and Shunwei. The company took 10% of the shares to raise US$5.4 million.

This announcement did not cause much disturbance in the eyes of the general public, but it caused quite a stir in the investment community and Internet companies.

A company that was valued at US$5 million last year has increased its valuation tenfold in one year. If ByteDance can maintain last year's growth rate this year, what will its valuation be next year?

What’s more, Zhang Yang is going to make a lot of money again! Although Zhang Yang spent US$200 million last year, he received non-dilutable shares. Even so, he more than doubled his earnings in one year.

Ten days passed by in a flash. During this period, there were no disturbances in the film industry. However, in the online drama industry, iQiyi released the super online drama "Tomb Raiders", which added more than 100 million new members overnight. This is the era of high-quality online dramas. It’s about to start too.

On the 12th, after Zhang Yang and Liu Yifei had lunch, Liu Yifei began to pack her bags. She was going to the United States to shoot a magazine, because this year's "Extreme Escape" will be screened around the world.

"I remember the last time I worked so hard to shoot a magazine was the movie Provence. It's been a few years." Zhang Yang said with emotion as he looked at Liu Yifei who was packing her bags.

"It's just because I haven't filmed in several years that I'm interested in going there this time." Liu Yifei said to Zhang Yang while packing up her gifts.

"Then you and I will go there together." Zhang Yang looked at Liu Yifei and said to her as he thought about being separated for more than a week.

Before Liu Yifei could answer, Zhang Yang's cell phone rang. He picked it up and saw that it was Mr. Liu from Happy Twist.

Zhang Yang answered the phone, and Mr. Liu's voice came over: "Director Zhang, we can find a distribution company for our movie."

"Have you decided when it will be released?"

"We are planning to schedule it for the summer release in August. Many students should like to watch this kind of comedy movie." Mr. Liu explained.

Zhang Yang didn't take it to heart at first, but when he saw the time they were planning to set the schedule, his mind suddenly changed and he said: "What kind of summer schedule should we set? Let's set the National Day schedule!"

Zhang Yang has already made plans to put his literary film "Born in 82" on the schedule and release it around September 9th. He will wait until the 15th, which will be released for a little more than two weeks, and then let "Charlotte" take over.

At that time, the two films will attack Lukawa's "Nine-Story Demon Tower" from both front and back. This time, they will first block it from the film schedule.

Movies by Zhang Yang and Liu Yifei, even if they are literary films, currently have no less than 30% of the film schedule.

Please note that Zhang Yang of "Charlotte Trouble" will not have less than 30% of the films scheduled at the beginning. When its box office explodes in the later stage, the number of films will only be more. How many "Nine-Storey Demon Tower" can be released by then? Arrange films.

"Isn't there a movie of your own directed by Zhang on the National Day schedule?"

"You come to my studio tomorrow and we will meet to discuss in detail." Zhang Yang said to Mr. Liu.

"it is good."

After hearing the reply, Zhang Yang simply hung up the phone and met Liu Yifei's eyes that were half-smiling but not smiling.

Zhang Yang said "Uh" and just said that he would go to the United States with her.

"Why don't you go a day later and I'll give them a call?" Zhang Yang suggested to Liu Yifei.

"It's only a week."

"Then you go there on a private plane!"

"Okay." Liu Yifei was not pretentious.

"Today, I will personally drive you to the airport." Zhang Yang said and helped Liu Yifei pick up the suitcase.

After Zhang Yang drove her to the airport, two familiar female bodyguards also appeared here.

"Yifei's safety in the United States will be left to you." Zhang Yang said with a smile to the two female bodyguards who were wearing black suits and looking cool.

"Director Zhang, please don't worry!" one of them said confidently.

Zhang Yang nodded and watched the group of them go to the plane before turning to go home.

The next morning, Zhang Yanghe saw a crowd of people in the studio.

"You have brought all the main creators of the crew!" Zhang Yang said to them with a smile.

"Bring them here and give Director Zhang your eyes!" Mr. Liu explained with a smile.

In addition to two directors and two leading actors, Happy Twist also brought Ailun and Changchun over. They also knew that they could not put their treasure on Shen Tong alone, so they also consciously began to train new people.

"Everyone, sit down!" Zhang Yang waved his hand and said to them.

A group of people quickly sat down in the living room. Zhang Yang said to Mr. Liu: "I'm going to schedule your movie for September 9th, and my own literary film will be released around the 30th of that month."

After listening to Zhang Yang's words, Mr. Liu said: "But "The Nine-Storey Demon Tower" directed by Lu Chuan was also at that time."

(End of this chapter)