Before the Series B financing, Dangkang did not conduct a stock split.

The total share capital is still 1 billion shares, and 10%, or 100 million shares, is sold at RMB 10 per share.

Morningside, Qiming, Echang, and Sequoia pledged their investment.

When the number is 10, it is very troublesome to divide it into four parts. When the number is 100 million, there are many more ideas at once.

Of course Fang Nian and Guan Qiuhe will not participate.

Moreover, space was given to representatives of the four investment institutions for internal discussions.

No matter what kind of interests they have, it is their own business.

Fang Nian and Guan Qiuhe left the South Pavilion, found a place on the 93rd floor, and stood quietly watching the clouds rolling and relaxing under their feet.

"That's not what you told me yesterday." Guan Qiuhe looked at the sea of ​​clouds outside the window and said in a casual tone.

Fang Nian's eyes moved slightly and he smiled and said, "It's easier this way."

Then he added in a low voice: "The main reason is that I want to make the character of sincere friends more realistic."

Guan Qiuhe's beautiful eyes flashed quickly, and her feet widened: "It's incredible!"

"Don't tell me, I'm afraid I can't keep the secret. Are you using Dangkang Games' 5 billion valuation to make friends this time? I'm a little scared!"

Guan Qiuhe knew very well that the annual revenue in 2010 that he had discussed with Fang Nian was to reach 8.8 billion.

In other words, Fang Nian actually just put forward a very conservative number as a condition.

As for the 200 million users and high-tech enterprises, especially high-tech enterprises, they have long been stable.

In other words, Fang Nian only gave up some benefits that the other party could not get for a short period of time in exchange for Dangkang Games' indomitable progress next year.

but……

There is actually a porcelain character plan that Fang Nian sincerely makes friends with.

Guan Qiuhe couldn't say a word.

About ten minutes later, Fang Nian and Guan Qiuhe returned to the South Pavilion again.

The atmosphere in the house was harmonious, as if nothing had happened.

But a consensus has been reached.

Among them, Morningside is 2%, Qiming is 2.5%, Echang is 2.5%, and Sequoia is 3%.

As for how the four companies will be allocated next year, it has nothing to do with Dangkang Games. They will discuss it themselves.

In the cooperation framework memorandum, it is agreed that the C round can have up to three batches C, C+, and C, and the transactions of the three batches must be completed no later than June 30, 2011.

The five parties signed a cooperation framework memorandum.

It will take about five working days to implement the specific contract this time.

However, it was agreed that the transfer of funds should be completed no later than 3pm on Monday, June 14th.

Although a total of 1 billion yuan was involved, it was actually nothing more than a trivial matter.

“A pleasure to work with.”

Amidst the sounds of happy cooperation, this complex financing and gambling agreement cooperation negotiation came to an end.

Fang Nian and Guan Qiuhe sent several big bosses away together.

"Mr. Fang, we are very busy this time. Please sit down and have a cup of tea next time you have the opportunity."

Before leaving, the eldest Kuang Ping said with a sincere smile.

Fang Nian continued: "Definitely."

Zhang Sijian chatted a few words with Fang Nian in a friendly manner, and there was always a little respect in his words.

Ren Yuxin didn't say much and looked like they were taking care of each other.

Liu Qin was the most casual, saying hello and leaving.

After everyone left, Fang Nian got into Guan Qiuhe's Bentley, and the two of them left the World Financial Center.

On the way, Fang Nian talked about the dilution of shares in this financing: "Frontier Angel's 7% won't move, let's dilute it from my personal shares."

Guan Qiuhe has no objection.

Fang Nian pondered for a moment and said: "I did the math, and this is how the current share plan will be.

I have 36%, you have 33%, Frontier Angel has 7%, Morningside has 11%, Qiming, Goose Factory, and Sequoia have a total of 8%, and there is still 4% left in the internal shared equity pool, Ice Frog 0.5%, and Wu Hong 0.5%.”

Guan Qiuhe pondered for a long time before calculating: "You went out a little too much."

"Less than 1%, rounding up makes it look better. In the future, we can invite invites based on the number of shares in the internal sharing equity pool." Fang Nian said.

This financing uses the simplest proportional dilution.

If the previous distribution plan is followed, including Frontier Angels, Fang Nian’s personal shares will only be reduced by 5.1%, leaving 38.9%;

But when we were preparing to launch Series B financing, we simply divided an internal shared equity pool, including Bingwa and Wu Hong’s shares totaling 5%.

No shareholding changes were made at that time, and now Fang Nian has directly reduced his holdings in one lump sum.

Morningside Capital dilutes 1% in equal proportions, and then adds 2%, which is equal to 11%.

Morningside Capital invested a total of 450 million in cash in more than two months, with a current calculated value of 1.1 billion, a little more than double the value.

Excludes additional shareholder payouts and dividends.

Even though the shares of Fang Nian and Guan Qiuhe have been significantly reduced accordingly, their net worth has increased hundreds of times compared to when they registered the company on April 7, 2009.

Guan Qiuhe went from being a graduate with a bank card balance of less than 10 million to now having a net worth of 3.3 billion two years after graduation.

Fang Nian went from being a senior high school student with a bank card worth millions to now, when he took the final exam of his freshman year, his net worth was 3.6 billion only based on his holdings in Dangkang.

In addition, during this process, Fang Nian founded Frontier, in which the shares of Dangkang Games held by Frontier Angels alone were worth 700 million.

Counting 91 Wireless, Xiaomi, Meituan, Meizu, etc., the company's assets are also reaching 2 billion.

This speed is almost faster than printing money.

Both Guan Qiuhe and Fang Nian have some assets that cannot be accurately calculated.

It's just that wealth belongs to wealth, and cash belongs to cash. Guan Qiuhe's bank card is only a few million now, but it is a little over 30,000 a year.

A comparison shows a huge gap.

The reason why it can develop so fast is that at the end of last year, Fang Nian learned from the painful experience and decided to make friends with the world;

These changes in determining the company's philosophy, from win-win and openness, to this year's pursuit of the greatest happiness for the greatest number of people, are inseparable.

So.

Be sure to read more!

It’s so comfortable to read more books, have friends all over the world, and make a fortune together.

Anyone want to enter?

Then let’s win together!

There are irresistible forces in this world, but no one can really resist interests.

For example, the Goose Factory game.

Looking at the retreating buildings outside the window, Fang Nian sighed.

"The Goose Factory played really smart this time. It was the first to declare investment, and then openly stated that it would kill all the people and build a memorial arch to wipe them all out. I learned this."

Guan Qiuhe deeply agrees: “We must do everything possible to hinder the development of Dangkang Games this year;

But Mr. Ren also knows that even so, Dangkang Games will still gradually become stronger;

Once you don’t have to fulfill the gambling agreement next year, you will make a lot of money, and Dangkang’s valuation will also rise. It’s like picking up money, and the abacus will be loud!”

Hearing this, Fang Nian smiled and said: "Everyone is fiddling with their calculations, but Goose Factory is more face-saving."

Guan Qiuhe laughed twice.

Then he mused: "But I feel that Liu Qin and Kuang Ping really agree with you that you should sincerely make friends and be a down-to-earth junior in the investment community."

"I hope Ren Yuxin, Zhang Sijian and even Zhu Yue also think so." Fang Nian said frankly.

"I also hope they can speak more in the industry."

After hearing this, Guan Qiuhe pondered for a moment and asked seriously: "Can you speak a little more openly so as not to put too much burden on me?"

"Luzhou's 10 billion investment would be increased to 20 billion," Fang Nian said simply and directly.

Guan Qiuhe didn't ask any more questions.

This step is enough.

Fang Nian actually used real money and silver to create the character this time.

It is very courageous to reduce the valuation by 5 billion in one sentence.

Guan Qiuhe originally thought that Fang Nian was taking advantage of this year's profit opportunity to suppress the valuation first, which would also be considered as realizing the medium and long-term plan in exchange for blooming everywhere next year.
To be continued...