I'm in the county town, and you say I'm a big shot?

Chapter 324 The Birth of ByteDance
Fang Qingye was only stunned for a few seconds before she immediately came to her senses and replied with a smile, "Okay, where shall we meet?"

"Is it a coffee shop right downstairs from our office building?"

"OK! I'll be there in half an hour."

Since she had something to do, Fang Qingye stopped wandering around and took a taxi straight to the 99fang website company. She went into a coffee shop downstairs and sure enough, she saw Zhang Yiming sitting with a middle-aged woman of about forty.

Upon seeing Fang Qingye approach, Zhang Yimin took the initiative to introduce her: "President Fang, this is Wang Qiong from Haina International Group, the investor of 99fang."

"Mr. Fang, hello." At this moment, Wang Qiong extended her right hand and said with a smile:

"I've already heard a brief introduction, and I didn't expect the CEO of Tuofang Technology, which invested in Ele.me, to be so young. It was founded by my juniors from elementary school, and it has a bright future. Mr. Fang has a keen eye for talent."

Wang Qiong graduated from the Department of Electronic Engineering at Shanghai Jiao Tong University, and is indeed Zhang Xuhao's senior.

"Thank you."

"any drinks?"

"Latte, please."

Fang Qingye slowly sipped her coffee after the waiter brought it over.

“Mr. Fang, I’m not only interested in some of your ideas, but I’m also very interested in them, so I’d like to invest,” Wang Qiong said.

Knew it.

It continues along the original historical trajectory.

Fang Qingye sighed inwardly and asked again, "Is it you personally or the Hainan International Group?"

"Is there a difference between the two?" Wang Qiong asked rhetorically.

“Of course, I welcome your personal investment, but I'm sorry, Hainan International is too big for our size, so I don’t agree.” Fang Qingye’s tone was very firm.

"Hehe. Just as I thought." Wang Qiong laughed. "But don't worry, I reported to my boss and he's not interested in this project. So it's as you wish."

It's good not to invest.

You won't be involved in the Series A funding round either. We'll see how things go later, depending on my mood.

Fang Qingye thought to herself, but said aloud, "Ms. Wang, how much are you planning to invest?"

"I don't have much personal money, only 200 million."

“OK, my company will invest 1000 million, so that Yimin won’t have to worry about funding in the early stages of its startup and can focus on developing technology,” Fang Qingye said with a smile.

Zhang Yiming was overjoyed, but Wang Qiong frowned slightly.

According to what Fang Qingye told Zhang Yimin, it's about creating an app to distribute different information. Does that really require 1000 million?!

It is obvious that they should try to reduce their shareholding as much as possible.

This young man looks refined and gentle, but he's ruthless!
However, Zhang Yimin was already tempted, and his mind was no longer on 99room.

"Okay." Wang Qiong turned to look at Zhang Yimin again: "How much are you betting?"

Zhang smiled and said, "I'm not as extravagant as you guys. I can only come up with 30 at most."

"That's a total of 1230 million." Wang Qiong then looked at Fang Qingye: "Now let's discuss how much of the shares we can get by contributing our technology as equity? What do you say, Mr. Fang?"

Fang Qingye pondered for a moment and said, "This company will mainly rely on Yimin in the future, so we can't treat it unfairly. Let's say the technology investment is converted into capital of 370 million, so Yimin's total investment will be 400 million, and the total capital will be 1600 million. What do you think?"

“OK, I have no objection,” Zhang Yimin immediately stated.

He didn't expect Fang Qingye to be so generous, giving him 370 million yuan and 25% of the shares all at once.

Little did he know that the wealth he would create in the future would be measured in hundreds of millions of dollars.

Seeing that Zhang Yimin readily agreed, Wang Qiong naturally had nothing to say.

"What's the company called?" Zhang Yimin asked again.

"How about ByteDance? Its English abbreviation is ByteDance," Fang Qingye said with a smile.

"This name sounds great! It has a very dynamic rhythm!" Zhang Yimin exclaimed excitedly. They then discussed some details.

Fang Qingye, the major shareholder, serves as the chairman of the new company, while Zhang Yimin serves as the vice chairman and CEO. The remaining board members will be selected based on the company's preparation progress. Wang Qiong, due to her position at Hainan International Group, is not suitable to join the board and is only investing as an individual.

"I sip. Although I'm the chairman, it's basically a title; my main focus is on Tuofang Investment in Shanghai." Fang Qingye looked at him.
"Therefore, I plan to appoint someone from Topway Investment to serve as ByteDance's CFO, and his personnel status will remain with Topway Investment."

At this point, Fang Qingye added, "Ele.me and the quantitative investment company I'm about to establish in Shanghai also use similar systems."

Zhang Yimin and Wang Qiong exchanged a glance, both understanding Fang Qingye's meaning.

He uses this method to control ByteDance.

“I agree,” Wang Qiong was the first to express her opinion.

"I agree."

The three discussed some specific details about the company's establishment. Zhang Yimin returned to the company to draft the new company's shareholder investment agreement, which would officially take effect after the three signed it.

Zhang Yimin is currently still the CEO of 99fang and will leave once a suitable replacement is found.

However, there's still time.

"OK! Let's toast to the future of ByteDance with coffee instead of alcohol!" Fang Qingye finally raised the coffee cup in her hand.

"cheers!"

The three people's coffee cups clinked slightly.

In a quiet, unassuming coffee shop in Beijing, where the spring chill was still in the air, a unicorn company was born.

After leaving the coffee shop, Fang Qingye took a taxi directly back to the hotel. On the way, he called Wang Yu from Nanxin and asked him to immediately hand over his work and rush to Yanjing to take on the role of CFO of ByteDance. The salary would be determined after discussing it with Zhang Yimin.

On the phone, Wang Yu sounded somewhat surprised: "Boss, didn't you tell me to go back to Shanghai?"

"You've changed your mind at the last minute. Are you coming or not? If not, I'll send someone else," Fang Qingye asked calmly.

"Yes, I'll go! Wherever the boss tells me to go, I'll go!" Wang Yu quickly replied on the other end of the phone.

"Okay, then come over in the next couple of days. I'll still be in Yanjing."

"Okay, I'll buy a plane ticket and come over tomorrow."

After hanging up the phone, Fang Qingye saw the bustling traffic outside and a slight smile appeared on her face.

Wang Yu is quite clever, and he worked diligently during his time at Huacheng Development Company; otherwise, why would they have sent him here?
The CFO of ByteDance will be the envy of countless people in the future.

Back at the hotel, Xia He hadn't returned yet.

Xiahe said she'd be having a team-building activity after the meeting and wouldn't be back until tonight.

Fang Qingye wasn't in a hurry. She ate dinner alone that night, and Xia He didn't return to the hotel until almost 10 p.m.

"You left a message on QQ saying that everything about the investment is finalized?" Xia He took off her thick down jacket, revealing a black turtleneck sweater underneath, showing off her slender yet curvaceous figure.

"Yes." Fang Qingye then briefly explained the process.

"Congratulations! Congratulations on Tuofang Investment having another company under its name, and you have another title to add to your portfolio," Xia He said with a smile.

"Just words?"

"Then what else do you want?"

"Of course we should take action!" After saying that, Fang Qingye hugged Xia He and brought her lips close to hers.

"Don't rush, I'm sweating from the team building, I'm going to take a shower."

"Let me smell you, you smell nice, no need to wash."

The two fell onto the bed
After a long while, Fang Qingye looked at Xia He curled up in his arms, and suddenly thought of something, and said: "Xia He, do you personally want to invest in ByteDance?"

(End of this chapter)