After divorce, I can hear the voice of the future
Chapter 105 A plain business war
Chapter 105 A plain business war
“Is this contract worth $2000 million?”
After signing the contract, Lu Liang asked with a smile, and Zhu Hu also smiled: "I hope it can be worth 200 million."
Just as Lu Liang guessed, he has already found a buyer for ofo. The higher the price, the more money he will make.
Lu Liang smiled and said, "Perhaps in rounds C and D, but round B cannot be sold at such a high price."
2000 million US dollars is his expectation after a 20% premium. After all, even if you are greedy, you have to consider the actual situation.
With Dai Wei's operation methods, the $170 million in financing can probably leverage 3-8 times the funds.
After all the funds in the company's account are spent, the next round of valuation will be approximately between 3-8 times.
Lu Liang took five times the median value, US$8500 million, which is roughly the valuation of the B round of financing.
Zhu Hu smiled, agreeing with Lu Liang's statement. Lu Liang asked, "How do you plan to use your veto power?"
Zhu Hu shook his head and said, "It's not the time to use it yet. If you use it rashly, it will only disgust the founder of ofo."
Lu Liang pondered, still unclear about one thing: "In fact, I have never been able to figure out why Dai Wei agreed."
The veto power of the board of directors is almost the right of the chairman, but Dai Wei gave it up so easily.
To be precise, it should be divided out. Now Dai Wei and Zhu Hu both have a veto power.
“Just like I can’t understand why Tianxing Capital can get 20% of the shares, it’s actually the same.”
Although Tie Lao Da is powerful, he is just Tie Lao Da after all. In the business field, Dai Wei is just a novice entrepreneur.
As a novice, especially one who was born with a silver spoon in his mouth, it is inevitable that he will make mistakes and be self-righteous.
Lu Liang smiled knowingly.
Hand the contract to Wen Chao: "Brother Hu, I'm leaving now."
"Bye, I'll see you next time I go to Shanghai." Zhu Hu stood downstairs of the company, smiling and watching Lu Liang leave.
Zhu Hu did not deny that Shen Peng had a good eye for investment, but when it came to judging people, he believed that Shen Peng was not as good as he was.
In just half a year, Lu Liang achieved what others failed to achieve in ten or even twenty years.
Zhu Hu is very optimistic about him.
After leaving Jinshajiang Venture Capital, Lu Liang asked Wen Chao: "What time is the appointment with Mr. Zhang?"
Kuaishou has over 2 million users, so no matter how hard he tries, he probably won’t be able to get in. But ByteDance still has hope.
So yesterday I asked Wen Chao to contact Zhang Yiming's assistant to arrange a time to meet and have a chat.
"Three o'clock in the afternoon." Wen Chao opened the memo.
"Then let's go to their company first."
Lu Liang smiled and planned to go to ByteDance to see if there were any pearls covered in dust.
ByteDance's excellence lies in its unique algorithm and recommendation system, but these two points are not impossible to replicate.
Fengxian said it well, a real man was born between heaven and earth, how can he be depressed and inferior to others for long.
While Zhang Yiming is not in the company, Lu Liang goes to show his face. Maybe someone has contacted him secretly.
In the financial market, with two victories under his belt and a private placement of $100 million in one day, Lu Liang’s fame was greatly enhanced.
Although it was not the agreed time, the front desk receptionist did not dare to be negligent and treated us warmly and politely.
Lu Liang was invited to the company's reception room, and a woman in her thirties, the deputy director of the administrative department, was called over.
"Maybe my secretary remembered the wrong time for the meeting with Mr. Zhang." Lu Liang smiled and put the blame on Wen Chao without thinking.
"It was a bit noisy at the time, so I must have misheard." Wen Chao was also very tactful, with a look of shame on his face.
Ding Yazhen, deputy director of the administrative department, instructed to contact Zhang Yiming, and came back and said, "Mr. Lu, please wait a moment, our Mr. Zhang is still on the way."
"It doesn't matter. It's our fault for remembering the time wrong."
Lu Liang took a few sips of tea and suddenly felt bored, so he suggested visiting the company.
Ding Yazhen didn't know how to refuse, so she hesitated for a moment and said with a smile: "Then Mr. Lu, let me accompany you to walk around and have a look." The group took a quick look, observing the administrative department, marketing department, operations and other related departments.
Ding Yazhen was cautious and did not take Lu Liang to visit important departments such as projects and technology.
Lu Liang smiled but said nothing, not caring. After all, proposing to go to the core department would be too obvious.
“So that’s how it works…”
"Ding~ Ding, this is a joke. I played it for a while before. It's very interesting."
Lu Liang smiled, and every time he arrived at a department, he looked very interested.
Although he could not go to the most core departments, he could send people to pass on messages.
It is enough to make people excited when a venture capital boss with hundreds of millions of funds takes an interest in an industry.
Not long after, Zhang Yiming received the news and rushed over. He was born in 83 and was only two years older than Lu Liang.
He is 32 years old this year, but has started five businesses. ByteDance is the product of his fifth business venture.
Three years later, the company completed its Series C financing in November last year, with a valuation of US$11 million.
"Hello, Mr. Lu. Sorry for being late. Why don't we move to the conference room?"
Zhang Yiming has started five businesses and has seen everything, including poaching employees under the guise of visiting.
Although Luliang is a venture capital firm and does not seem to be in competition with them, they still have to be on guard.
"Okay, let's go."
Lu Liang followed Zhang Yiming back to the reception room and said bluntly, "Mr. Zhang, I am very interested in ByteDance."
Zhang Yiming pondered for a long time and said, "I'm really sorry, Mr. Lu, our company has no idea of raising funds for the time being. How about you leave your contact information and we will invite you to participate next time we need financing?"
After ByteDance completed its Series C financing last year, they have been preparing for Xigua Video. At least before they achieve results, they have no intention of raising funds.
After all, corporate financing means selling equity, and if you want to sell, you naturally have to wait until there is a good price.
Lu Liang suddenly felt sorry, but he didn't say much. He asked, "Mr. Zhang, do you know anything about Kuaishou?"
"After all, we are all in the industry, how could we not have heard of it?" Zhang Yiming narrowed his eyes and glanced at Ding Yazhen.
Their Xigua Video is a competitor to Kuaishou, but it is still a secret and no one probably knows about it.
"I am personally quite interested in the short video industry, but I feel that Kuaishou is too regionally-focused."
“Maybe, but Kuaishou is currently the leader in the short video industry. This is the choice of the market.”
“It may be my personal reason.”
Lu Liang observed Zhang Yiming, trying to figure out something, but when he found that he was flawless, he suddenly lost interest.
After a few words, he was ready to leave. The two sides exchanged contact information and agreed to cooperate again in the next round of financing.
Zhang Yiming watched Lu Liang leave and looked at Ding Yazhen: "You took Lu Liang to those departments just now."
“Administrative department, marketing department, operations department, etc.”
Ding Yazhen hurriedly explained that she followed them throughout the whole process and definitely did not go anywhere she shouldn't have gone.
Zhang Yiming hesitated for a long time, and no longer doubted: "Go back to work."
Xigua Video is a secret, but it is no longer a secret that ByteDance is entering the short video industry.
Because of the updated version of Neihan Duanzi in mid-June, it has shown a trend of developing into a short video community.
"Book your tickets and go back to the Magic City tonight."
Lu Liang logged into Weibo and edited his post: I hope we can have a chance to cooperate next time, @张一明, with a picture of ByteDance’s front desk.
Business wars are sometimes so plain and simple. Visit ByteDance, express interest, and then express regret. Naturally, some people will be eager to take action.
(End of this chapter)
You'll Also Like
-
Game of Thrones: I am Dothraki, not a barbarian
Chapter 107 8 hours ago -
Yuantian Pidao
Chapter 125 8 hours ago -
Do you have the strength to force me to join the Liangshan bandits?
Chapter 146 8 hours ago -
Promise!
Chapter 107 8 hours ago -
Food gives me an entry, I will be invincible if I stay alive
Chapter 122 8 hours ago -
My Portable Ming Dynasty
Chapter 121 8 hours ago -
Open the door, fellow countryman, we are one.
Chapter 82 8 hours ago -
Everyone's Immortal Cultivation: Starting from a Junior Talisman Maker
Chapter 103 8 hours ago -
Global Film Emperor: I film just to finish the movie!
Chapter 78 8 hours ago -
Start telling crosstalk from Tingyunxuan
Chapter 141 8 hours ago