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Chapter 106 Chapter 14

() Found the way home!

Zhang Yiming is not a person in the entertainment industry, nor a media person, nor a broker. He knows nothing about the entertainment industry, and the industry he focuses on is on the Internet. He is almost at a loss for his life after graduating from the Department of Software Engineering at Tianjin Kai University.

Zhang Yiming can be said to be a genius. During lunch, he spent an hour writing out a mini program, solidifying his own needs with the program, storing it down, and letting the website machine help him search regularly and automatically. Once there is a search result, he will notify him by text messages. Less than half an hour after writing this program, Zhang Yiming received a text message prompt and then bought a ticket. There is no need to buy a scalper ticket, nor do he have to stay in front of the computer. This mini program was named "Recommendation Engine".

In 12 years, he left Kuxun and started his own business, founded Siweidou Technology Co., Ltd., which made the "recommendation engine" more concrete, and used this mini program to develop a mobile application called "Toutiao". In July 2012, he received a $1 million investment in SIG and a $1 million bridge loan.

For SIG, the investor is Zhang Yiming. They are waiting for Zhang Yiming's fifth failure in entrepreneurship. They really hope that Zhang Yiming can return to Kuxun. In February 2013, the character dance has spent all its investments, and SIG's one million loan is about to expire. SIG has issued conditions that as long as Zhang Yiming returns to Kuxun, the funds will not be recovered.

Zhang Yiming was very unwilling. In his opinion, the information explosion brought by the mobile Internet has made people face more and more choices. In the face of information overload, people are often at a loss. In this case, the way of obtaining information will no longer be the manual editing model adopted by traditional media, but is a more intelligent and personalized automated recommendation. The recommendation engine begins to show its technological advantages and exert its power.

"I am really unwilling to accept that with the popularity of 4G, the Internet will become more and more mobile. The more it is on the mobile Internet, the more personalized personal information portal is needed. We are born for the mobile Internet." Zhang Yiming finished drinking the whiskey in the glass in one gulp. He was not used to the high-alcohol wine and his face turned red when he was choked.

Shen Fang brought him a tissue and looked at the entrepreneur in front of him. There are countless people in Yanjing who are as unwilling as him, and there are more in Silicon Valley.

"What are you going to do?" Shen Fang asked Fang Yuan to give him a cup of water.

"I'm going to sell my house and car, and I'll redeem SIG's shares first. I'm going to pay back the loan. I'm very confident in my recommendation engine. I don't believe that I can't find someone to know the goods." Zhang Yiming was about to go all out. He has been very calm and chose to gamble this time, betting on Mobile Internet tomorrow.

Shen Fang was a little moved by Zhang Yiming's determination. The man in front of him was only about 30 years old and had already made a big name in the Yanjing Internet industry. He had a car and a house. If he took a step back, he would still be the CEO of a company with a market value of hundreds of millions of dollars. However, he chose to bet. In addition to confidence in his own products, he was more confident in himself. He believed that even if he fell, he would still be able to get up.

Zhang Yiming also wanted to laugh a little. What's wrong with me? Why did I talk so much today when I used to be wise and calm? How could I talk to the bar owner in front of me about the future of Mobile Internet? By the way, I just want to get drunk and vent my decadence that I have been rejected by investment banks in recent times.

"How about I'll introduce you to an investment company?" Although I don't know his "recommendation engine", Chen Fang decided to help him.

"You?" Zhang Yiming looked at the boss who was younger than him and asked in disbelief: "What I need is not a small amount. My company is now a bottleneck in its development. It takes at least 10 million US dollars to overcome the current difficulties."

"It's okay, I'll just introduce it. Have you heard of the Wild Fox Investment Company in San Francisco?"

"Wild Fox?" Zhang Yiming thought for a moment. The news that the wild fox received a large amount of money last year happened to be the time when he got his first investment. He was envious for a while: "But the wild fox that sold Gaopeng.com to benefit from 1.2 billion US dollars?" Zhang Yiming felt instantly. The wild fox company has always been known for its accurate investment. If it can invest in its own company, it will definitely attract the attention of other investment companies.

"It's this company. This is the business card of their company's CEO. Their company address is in Rongchuang Center in Wangjing. You can come to them with information tomorrow." Chen Fang handed Cai Ruiheng's business card to Zhang Yiming.

After the establishment of the Beijing Cultural Cinema Company, Chen Fang also uprooted the brand of the Wild Fox Investment Company. After all, the large amount of funds needed to acquire the theater must be transferred from overseas. Currently, there are only two staff members of the Wild Fox Company. The boss Chen Fang and CEO Cai Ruiheng, and the financial review is temporarily held by Pan Yunxi of Wild Fox Film and Television.

"Wangjing Center?" Looking at the exquisitely crafted business card in my hand, I should not be a liar. At worst, I would just go there for nothing tomorrow. Anyway, I have not been safe for a year in the past few days, and it is not bad for this time.

"Thank you, Boss Shen. If you can achieve financing intention tomorrow, I will book a celebration with you." Zhang Yiming bowed to Chen Fang excitedly.

The next day, Zhang Yiming arrived at Rongchuang Center at nine o'clock on time. After taking the elevator to the 22nd floor, he felt a little cold. The nameplate facing the elevator said "Yanjing Ye Fox Film and Television Production Company".

Did Boss Shen make a mistake? He made the Wild Fox Film and Television a Wild Fox invest? It wasn't right. He gave his business card a hint of "Wild Fox Investment". Regardless of him, go and ask the front desk lady.

"Hello. Do you need any help?" The receptionist was very polite. He looked at the man in front of him and hesitated for a while in front of the elevator, not knowing what he was doing.

"Hello, is there a wild fox investment company here?" Zhang Yiming asked uncertainly.

"Wild Fox Investment?" The receptionist was also confused: "We are Wild Fox Film and Television. Are you looking for the wrong place?"

"No, the business card is written here." Zhang Yiming picked up the business card and confirmed it.

"The Wild Fox Investment Company is here." A voice came from behind.

"Mr. Pan, good morning." Seeing Pan Yunxi standing behind Zhang Yiming, the receptionist welcomed him hurriedly greeted him.

"Hello, Wild Fox Investment Company has not been listed yet. It's just that they have just completed the industrial and commercial registration process. They are not very clear." Pan Yunxi explained to Zhang Yiming, who was a little confused: "In addition to being the main investor of our film and television company, Wild Fox Investment Company is also the main investor of Beijing Culture Cinema Company. Since the subsequent investment in theaters requires several major costs, this investment company was established to transfer overseas funds."

"Oh, so that's it." Zhang Yiming then understood the whole story of the company: "Since it has not been listed yet, how did Boss Shen know?"

"Boss Shen?" Pan Yunxi looked at Zhang Yiming and asked with some fun, "Are you talking about Boss Shen from the bar in Houhai?"

"It's him. He gave me a business card and asked me to come and seek financing."

"This brat doesn't come to work by himself, and he helps us find something to do." Pan Yunxi complained in a low voice, and then said to Zhang Yiming: "Come on, bring your project information with you, and I'll take you to the CEO of the company."

Cai Ruiheng happened to discuss cooperation with Huo Mingda in Yanjing these two days, and "Hua Xia Partners" will premiere soon. As the first film released by Wild Fox Film and Television, Huo Mingda is preparing to hold a grand premiere to demonstrate the popularity of Wild Fox Company. Cai Ruiheng also wants to use the Yanjing flagship store of Shanghai Lian Cinemas as the venue for this premiere to achieve a win-win situation.

"Mr. Huo, Mr. Cai, and Director Pan have something to come to you." The two who were discussing the matter received a notice from the secretary.

"Let her come in, it just so happens that some expenses need to be reported to her in advance."

Seeing a man in his thirties coming in with him, Huo Mingda asked: "Director Pan, who is this person?"

"Mr. Huo, is this Mr. Zhang Yiming from Zhifudou Technology Co., Ltd., who was advised to come here to find Mr. Cai to invest?"

Cai Ruiheng said in surprise: "I'm looking for me? Our Wild Fox Investment Company is not listed yet. Mr. Zhang, who guided you here?"

"Who else can it be? Who else can be besides this stinky brat Shen Fang?" Pan Yunxi complained.

"Oh, Mr. Shen introduced it." Pan Yunxi could call him casually, but Cai Ruiheng couldn't. Moreover, the two have worked together for many years, and Cai Ruiheng has always admired Shen Fang's eyes. As long as he is interested in the project, he has never missed it.

Cai Ruiheng smiled and said to Huo Mingda: "Mr. Huo, I have a business here to deal with it first. You and Director Pan first calculate the investment of the premiere. I will come here after the talks."

Cai Ruiheng brought Zhang Yiming, who was a little confused, to his office. "Mr. Zhang, please sit down. Are you drinking tea or coffee?"

"Drinking tea." Zhang Yiming, who was born in Fujian Province, still likes to drink tea. Even if he has something to ask for, he will not change his preferences.

Cai Ruiheng ordered his secretary to soak two cups of Longjing that Shen Fang sent: "Mr. Zhang, have you brought the information? Can you show me how to first?"

Zhang Yiming took out the financing plan that he had submitted countless times in the past few days. I hope this time I can have a satisfactory result.

After taking the tea handed over by the secretary, the tea leaves in the transparent glass cup were floating up and down, and my mood was as uncertain as this tea leaves. This can be said to be my last chance. If I fail, I will have to sell my car and house.

Cai Ruiheng looked at it very carefully. He finished reading it when his secretary gave Zhang Yiming a second glass of water. He put down the information in his hand. Cai Ruiheng asked a question that was not related to investment: "Mr. Zhang, you said that Boss Shen from the bar introduced you here. Does he have any evaluation of your project?"

Zhang Yiming thought for a while and said, "No, he didn't comment, he just gave me your business card and asked me to come to you."

"Oh." Cai Ruiheng put down the materials in his hand, and Zhang Yiming looked at him and felt a slump in his heart: "We have invested in this project."

"What? Is it invested?" Cai Ruiheng's words made Zhang Yiming feel a little unbelievable, and he stood up from the sofa: "Is he investing so readily?"

"You calm down first." Cai Ruiheng reached out and signaled, and then said: "Your financing plan requires US$10 million, 15% of the shares, and we need to adjust it."

"How do you want to adjust? I can only sell 15% at most, otherwise the C and D round financing will not be easy to go through." As long as the intention is reached, the specific details will be discussed in detail.

"You have raised a round A financing, SIG invested 1 million US dollars plus a loan of US$1 million and obtained 10% of the shares. However, you did not continue to look for SIG for this financing. It is probably because the cooperation was not very pleasant. Instead of being unhappy with everyone's cooperation, it is better to kick them out." Cai Ruiheng pointed out the problems in Zhang Yiming's financing plan.

"You continue." Zhang Yiming did not tell Cai Ruiheng about his current predicament, but wanted to hear what he had.

"We paid $5 million to acquire 10% of the equity in SIG, and we also bear the loan of $1 million. We will invest an additional $15 million to obtain 15% of the equity, of which 5% is not diluted."

"Not diluted?" Zhang Yiming hesitated. This is the B round of financing. If you follow his own ideas, you will have to go through at least five rounds of financing before going public. 5% of the equity cannot be diluted. Although it is $5 million more now, in the long run, you still lose a little.

"2%, up to 2%. If there is more, after the E round of financing, this clause will become a constraint on our development. But I can guarantee that the market value of the 2% equity will not be less than US$100 million before listing. If it is lower than this amount, I will make up for it myself." Zhang Yiming calculated it in his mind and gave his bottom line.

"US$100 million? US$5 billion in market value?" Cai Ruiheng thought for a while: "Okay, 2% is 2%, but we need the lead investment rights for the C round of financing."

"This is OK. If everyone cooperates happily and gets rich together, I also hope to find a long-term investment company as a partner." Zhang Yiming stretched out his hand.

Cai Ruiheng reached out and held it, and said with a smile: "Happy cooperation!"

With the assistance of the company's legal staff, the two signed a letter of intent for the financing agreement. Cai Ruiheng will first transfer the 500 US dollars of funds to acquire SIG's equity. When Zhang Yiming returns to deal with the company's equity issue, the investment will take effect.

Cai Ruiheng took Zhang Yiming to the elevator entrance. Before entering the elevator, Zhang Yiming couldn't help asking: "Who is Boss Shen from Houhai Bar? Why did you agree to the investment so readily?"

Cai Ruiheng smiled and said, "He is my boss and the boss of this film and television company."
Chapter completed!
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