Chapter 50: successful financing

Chapter 50: successful financing

"Everyone has worked hard a few days ago. In the next period of time, those who want to take vacations and work from home directly seek approval from the department leaders."

"The bonus will come down soon, and everyone's medical reimbursement will increase the budget."

In the company, Su Man first announced the news that they had reached a financing of 1 billion yuan with the rice company, and also informed the next work arrangements and benefits, which welcomed the cheers from the floor.

There is a reason why Man Ying Ventures, including Su Man, Gao Jian, and others, was so busy some time ago, and now it has finally come to an end.

Since its establishment, the main business of Man Ying Company is venture capital, not just venture capital.

This year, Man Ying’s investment in venture capital has basically reached the limit that their company can afford now, and they would not work overtime and travel as frequently as they did in the early days.

But the plan always fails to catch up with the unexpected.

The market competition is fierce, and starting a business is even more difficult. How high is the failure rate of venture capital?

For most VC firms on the market, one out of ten VC projects is considered a good result. In venture capital, most of the money invested in entrepreneurs is wasted, that is, betting on the success of one out of ten projects, in exchange for dozens of times, hundreds of times, or even a lifetime of profits.

In the early days of its establishment, Manwin Ventures made a lot of venture capital investments, and it also shed not a small amount of funds. Today, the pace of companies investing in new startups has slowed significantly.

On the one hand, it is because there are not so many startups on the market with truly potential projects and entrepreneurs who are able to achieve their goals. Temporary saturation is normal under high standards.

On the other hand, it is because the startups and teams that have already raised funds need Man Ying to spend a lot of effort on post-investment management, and they have no more energy to cast the net.

Greed is not chewable.

Now this time is the booming period of China's economic development, and it is also the period of the rise of the investment industry. Many people in China have seen the huge profits behind emerging industries represented by the Internet, and they are looking for opportunities with money.

Every year, dozens or hundreds of investment companies are born, and they want to take advantage of this trend to make a lot of money.

Compared with other venture capital companies in the market, Manwin Ventures is by no means the one with the most abundant capital and the most experienced and experienced founders at the beginning of its establishment. But the manpower, material resources and energy they put into post-investment management are absolutely among the best.

In addition to the regular review of financial and legal aspects that each company must pay attention to, it is necessary to understand the recent business and internal management of the invested company. Manying Ventures has embarked on an unusual path of nanny-style after-sales service.

Including but not limited to helping start-up companies that have obtained venture capital to standardize internal processes and strengthen internal operation management.

Man Ying is also committed to providing upstream and downstream customers, recommending high-quality talents in gaps, regularly organizing executive training to improve the entrepreneurial team's own capabilities, and using their professional capabilities and knowledge to assist entrepreneurial companies in analyzing market conditions and providing business strategies. Suggest.

Therefore, the high-end office buildings with an inch of land and a lot of money are rented, but Man Ying Ventures often appears to be very empty.

Those who are in contact with new projects and fundraising abroad, those who are contacted by the post-investment management department in the investment and financing company to contact the entrepreneurial team, those who work from home...

"This material is our suggestion for improvement based on professional market reports and information such as the number of newly registered users of your website and daily activity in the past few months."

The staff of Man Ying Company sit in the new startup companies they invest in, and come up with the reports they have carefully produced to further improve the website function and improve the user retention rate.

As with your own company, analyze and discuss with entrepreneurs how to make your website more popular.

"After this period of contact and understanding, we also give you a little suggestion. I don't know if you have thought about the corporate culture and corporate values ​​that belong to your company. In the early stage of establishment, you need to encourage the team spiritually, excitation……"

Xi Yahan sat in the startup company that had just completed the investment agreement with their Man Ying two months ago, and talked to the people in the startup team about the successful experiences of many outstanding large companies at home and abroad.

Talk to them about how to improve the cohesion and combat effectiveness of the team, and how to integrate the corporate culture into the product, so as to leave an overall impression and awareness of the corporate brand to users and the public.

These jobs seem to have consumed a lot of energy of the elites hired by Man Ying Ventures, and also increased the cost of looking at Man Ying, which is rare in today's venture capital industry.

But in just one year, Su Man and Gao Jian's perseverance quickly paid off.

At present, the four Internet startups invested by them have not only successfully launched operations, but also opened up the market at an alarming rate, accumulating tens of millions of registered users, and ranking among the emerging Internet companies that attract the most attention both inside and outside the industry.

The daily traffic, daily activity and viscosity of the websites and software of these Internet companies have directly attracted many business partners and new investors who have discovered their interests.

For example, Toutiao and Dada Chuxing received financing support of 200 million and 400 million respectively from domestic capital within a few months after they received the first round of investment from Manying. At the same time, more resources and exposure have been obtained.

With Su Man's own capital obtained in the stock market, the favor of large listed companies like Yuanda Group, and the company's smashing of various funds raised, Manying Ventures has dropped bombs one after another in the industry. It doesn't take long for news to come.

There are a lot of rich people in China, as well as many investment companies, and foreign consortia and big capital want to get a piece of the pie. And fabulous data feedback is also enough to make them stand out.

The more famous you are, the more people will come to you.

For example, Yuanda Group not only reached a cooperation with them in batches of one billion funds to manage investment on their behalf, but also helped them a lot in terms of fundraising.

There are indeed a lot of rich people in China, and a listed group like Yuanda Group, which started out by doing business and has been operating for decades, has a wider network of natural contacts.

Many rich people with spare money can see where the next investment opportunity is, but because they don’t know enough about emerging industries and have no experience in how to find their favorite entrepreneurial teams and projects with “money way”, they dare not set foot in easily. .

In this way, Manying Ventures has been mentioned more and more frequently in the media and investment circles, and has appeared in the vision of these rich people.

Professional and efficient work style, conscientious and responsible top-level post-investment management, and outstanding investment records make these people willing to invest a little money and give them a try.

Many millions and tens of millions have gathered together into a huge order of magnitude.

Just when Manying Ventures is moving in the best direction, they have been slowed down by their limited energy, but they have recently been made a lot of "rumors".

What to say because many of the projects they invested in before have big problems, their funds have been unable to keep up, and they rely solely on marketing to raise funds, etc. Rumors have appeared out of nowhere, thus attracting a lot of investors. Worries and doubts about financing companies.

Previously, the two companies, Toutiao and Dada Chuxing, which had obtained the second round of financing and made the fastest progress, also encountered difficulties.

The former has been imitated by a number of newly registered Internet companies, and privately poached several of their core members and competed for users.

The latter has been frequently reported and complained, and many people have questioned its legality and safety, causing a lot of trouble to be solved urgently.

The private equity investment that Man Ying wanted to do also encountered problems. The rice company they originally planned to invest in recently has not been able to talk about it. Recently, a competitor has come to cut off the hustle.

Su Man sat in the reception room of the rice company, listening to Xi Yahan and her temporary introduction to the competitor Tianying Fund.

The person behind the other party is called Zhang Tianlu, an old man who has been in the shopping mall for more than 30 years. In the early years, he made his fortune in entertainment and has strong capital. In recent years, he has also tried to test the waters in various fields. In the past few years, it was mainly concentrated in the industry. In the past two years, I began to invest in the Internet, games and other fields, and "collided" with them several times.

There are not many examples of the other party's investment in Internet companies before, and the amount is not very large. It can be seen that he is a cautious person, but he does not know whether the other party is still the same this time.

At this time, someone from the rice company came in, and Xi Yahan also stopped talking.

"Hello Mr. Su, I'm sorry I'm late."

The vice president sent by Rice Company to lead the negotiation shook hands with Su Man and said apologetically.

"It's okay, it's because we didn't arrive at the appointed time, so I'm anxious."

Su Man looked at the other party and unabashedly revealed her desire to reach this financing contract.

This attitude of hers surprised the vice president of the rice company, but she did not expect the other party to fall behind at the beginning of the negotiation. But in business, the most important thing is whether the valuation and financing amount given by the other party can impress them.

He knew that this woman was not easy to deal with.

Su Man naturally came prepared today. She invited two very professional institutions at home and abroad to evaluate the current valuation and future prospects of the rice company. The same is true for rice's current competitors, core competitiveness and shortcomings in the industry. She knew it, and Tianying's information was also recorded.

She has to get this financing negotiated down.

The two parties had heated discussions on the market valuation and prospects of the rice company, but were unable to reach a satisfactory amount for both parties.

The vice president of the rice company insisted that the market valuation of the rice company is around 30 billion, and the 1 billion investment brought by Su Man this time can only get 3.34% of the shares.

With first-class partners, top team talents, mature business model and thriving company revenue, the rice brand has become famous in China, and it has also gained more and more recognition from young consumers.

"Six months ago, your valuation was only seven billion, and the price increase was too scary."

Su Man looked at the other party who seemed to be confident, and knew in his heart that the other party was indeed confident. In the past six months, their product sales exceeded everyone's expectations, and they bit the meat of the old competitors' mouths, and the momentum was very strong.

She also knew that this time it was not only her who wanted to raise rice, but also other competitors. Even before, the rice company has rejected many small investments on the grounds that it does not want excessive dispersion of equity, and the attitude is very obvious.

This year's sales and market visibility have made their company a far cry from what it used to be.

Hearing Su Man's words, Mr. Gu of the rice company smiled: "It's because I sold it to you cheap last time, this time we can't lose any more, we will pay the market price."

That's right, Su Man had invested 300 million in Rice Company six months ago and became their shareholder.

This time, she brought other funds raised to full profit to make additional investments.

A company with a mature management team and business model like Rice Company, once tested by the market, will have a rapid surge in market value.

But Su Man knows how far this company will leap forward in the future. Today's 30 billion is nothing more than that, but she can't directly take advantage of it and give money to others.

Now, the market value of rice companies is indeed not at this price.

She must judge according to the real market price and current vision, and give a price that the shareholders behind it can accept and inject capital with peace of mind.

During this kind of pulling, the vice president of Rice Company spread out his hands and told Su Man after hearing the information that the assistant came over and whispered in his ear.

"Mr. Su, under the same conditions, we are definitely more willing to continue to cooperate with you. But there is no way, Mr. Zhang of Tianying Fund has just received news that he is willing to accept the valuation of 30 billion, and he can still promote, Give us more help with marketing.”

Su Man, who had been negotiating with them for a long time and had been preparing for more than two months, frowned and motioned for the other party to wait for her for a few minutes.

Then, Su Man went out the door and made two phone calls.

"Yes, it is confirmed to be the price. It is indeed a little premium, which is beyond our expectations, but my judgment is - worth it."

After about 20 minutes, Su Man returned to the conference room and spoke to the negotiating team of the rice company.

"With 3.4% of the shares, all the original terms of non-direct intervention in management and operation remain unchanged."

"We are old friends and have more experience in getting along with each other. We are definitely the best partners. Here, we prepare suggestions for this year's marketing strategy for Rice, as well as the promotion and cooperation of Internet companies whose target group is young consumers."

Hearing the conditions stated by Su Man, the vice president of the rice company changed his expression and motioned the secretary to take the report from the other party and read it on the spot for a while.

They don't like the random intervention and intervention of the management, which doesn't mean they don't like the savage-minded people who can often give great advice.

"Mr. Su, wait a moment, I need to ask the president who is still on a business trip again."

Su Man watched the other party take people out. She is still not completely sure whether what the Tianying Fund has done in the past six months or more is a coincidence or has something to do with her.

But now this game, she is bound to win.

In the end, Rice Company received a billion-dollar financing from Man Ying Ventures, and successfully quadrupled its market valuation within six months.

When the news came out, the rice company attracted much attention. Rumors that Manying Ventures lacked funds and had internal problems were not self-defeating.

Manying's efforts during this period of time have not been in vain, and the various problems that have occurred before are quickly resolved one by one under the attention of the company. They have invested so much time in management investment and human investment to make those startups trust them. , and the problems encountered by start-up companies are also actively resolved together. With practical actions and facts, it shows that the signboard of Manying Ventures has only become brighter.

At the same time, news came from Yan Chengan. The film "Small Army" co-produced by him and Director Lou was nominated for the Venice Film Festival's main competition section and best actor nomination.

It's a pity that in the end, unfortunately, I lost and I didn't get the award in the end. But within half a month, the news that Yan Chengan successfully won the Best Actor trophy at the Montreal International Film Festival, which is also an international A-category film festival, came back.

That night, Su Man, who was watching the live broadcast at home, couldn't react immediately when he heard the foreign judges pronounce the Chinese name that was actually Yan Chengan's name.

It was not until the camera turned to the group of Chinese people under the stage and aimed at the face she was most familiar with that Su Man realized that Yan Chengan had won the award.

This time is really different from before.

Also surprised was that Yan Chengan, who finally won the award, waved at the camera after a moment of trance, got up and hugged the director, screenwriter and other staff members beside him, and walked in a foreign country. This is the first time he has come here. The podium delivered a speech.

This very young Chinese face stepped onto the podium, and among the Westerners, he also appeared tall, tall and straight, handsome and recognizable young man did not show any gaffe, leaving a perfect appearances and speeches.

Brief and sincere feelings about the movie, as well as the most sincere gratitude and promise to his future, Yan Chengan raised the trophy and waved to the camera again.

Across the screen, in a country separated by thousands of miles, Su Man looked at Yan Chengan and felt as if he was also in the audience, listening to his acceptance speech, listening to him saying that he wanted to thank his lover and that he would be with her in the future. Share more glory.

On the screen, Yan Chengan stepped off the podium. Su Man's cell phone rang at the same time, someone wanted to share this happiness with her.

The next day, Yan Cheng'an took the trophy, which was tightly wrapped in several layers and could not be seen at all when received, back to their home.

Su Man carefully opened the package, wiped it several times with a clean cloth, and placed it on the trophy glass cabinet custom-made for him, thinking that it would be full in a few years.

The news that young actor Yan Chengan won the Best Actor at the International A-Type Film Festival was sent back to China, and the major news and media naturally wanted to publicize and report it.

Only when he introduced his resume did many people discover that there was such an actor in China. In just four years of entry, he has already won many acting awards at home and abroad, and even won the Best Actor trophy for the second time.

Qi Weize, the current president of Qi's Pictures, who saw the news on TV, went home and saw his son who came back late and didn't know where to play. He couldn't help but read him a few more sentences, which made Qi Si angry broken.

Su Man's secretary, who read this information on the Internet, couldn't help but sighed in her heart that she didn't know when the movie would be released, and she wanted to watch it very much. Wouldn't President Su arrange a show and give free tickets to everyone in the company?

There are also some fans who have paid attention to him to celebrate and rejoice, and more movie fans pay attention to this young actor who has already emerged, and look forward to more works from him in the future.

In addition to the actors who "consciously" have a competitive relationship with Yan Chengan, there are many people who are surprised to see this news, but not in a good mood.

For example, Su Lie, who was finally able to watch TV after the voluntary labor in the prison ended.

Zhang Tianlu of Tianying Fund, who seemed to have no interaction with Yan Chengan at all, was also watching the news reports and found it a bit interesting.

Almost no one knew about Zhang Tianlu's previous connection with the Su family, and no one knew that a few months ago, he went to the prison to see Su Lie in person.

After entering the prison, Su Lie, who has become nothing, can no longer care about hiding and accumulating, and directly told a lot of information to the big man who was willing to come to see him and help him, in exchange for the other party to send money regularly and say hello to the people inside. Don't bully his treatment.

It was said in the past that Zhang Tianlu had heard some strange things about his grandson from Mr. Su, and he believed it superstitiously but not completely.

Going to see him is nothing but idle time, trying my luck, who knows that I have really heard a lot of information.

After that, Zhang Tianlu asked people to choose from the information given by Su Lie to observe and observe whether the future development was really what he said, and he really found something that science could not explain.

The next time, one of the news that Zhang Tianlu sent back was that Su Lie's half-sister Su Man was also strange, that is, the Su family and Su Lie she killed became what they are today.

When Su Lie mentioned that her lover would become an actor in the future and died unexpectedly, Zhang Tianlu also took note of the actor.

He originally had his own entertainment company, and he was more interested in this person.

But he did not fight Su Man as Su Lie thought.

When it comes to doing business, why do you have to fight to your death? It is best for everyone to make money together.

He is also really curious, is there really anyone who can be predicted in this matter?

So, based on the information given by Su Lie and the information he collected from Su Man's Man Ying Venture Capital Company, he also began to test the waters and invest some money to see how much returns he could get.

Originally, he almost had to believe that Su Lie had some metaphysical ability. I also considered waiting for Su Lie to be in prison so that he could be raised.

But Su Lie said before that this Yan Chengan didn't do well in the first few years, and it was only a few years later that he became famous as an actor, and he died after a few years of enjoyment.

So, was Su Lie wrong, or did someone change something?

Zhang Tianlu really wanted to know.