Rebirth: Starting with Capturing the Goddess Mentor

Chapter 140 One hundred and fifty million!?
The next day.

8 a.m.

Chen Yan and her roommates went to class together.

The students in Class 4 of Economics and Management were not too surprised to see Chen Yan, whom they hadn't seen for more than half a month, because even if he didn't ask for leave, they rarely saw him.

Generally speaking, there is a certain arrangement of classroom seats in universities. Students with good grades usually sit in the front row, while those with poor grades usually sit in the back row, which is to make it easier for them to play on their phones or doze off.

The four students from dormitory 303 sat down in the last row of the classroom in a grand procession.

Five minutes before class started, half of the students who had already arrived in the classroom were eating breakfast, and the other half were scrolling through their phones.

At this moment, Hu Zhanyi, who was sitting in the middle of the classroom, suddenly stood up, scurried over to Chen Yan's side, and put on a fawning expression:
"Brother Chen, I see you usually like to smoke. I wonder if you're used to this cigarette? People in Hangzhou all like to smoke this one."

As he spoke, Hu Zhanyi respectfully handed over a pack of Sunshine Liqun cigarettes.

This action left the surrounding students completely bewildered.

Especially the other three roommates in room 303.

Hu Zhanyi is usually very arrogant and loves to show off, so why is he acting all humble and subservient now?

This attitude is very similar to the obsequiousness of gang underlings to their bosses in the old days.

Chen Yan sipped his soy milk and glanced up at the screen: "Hmm, that's thoughtful of you. Go back to class now."

Seeing that Chen Yan had accepted the gift, Hu Zhanyi finally felt a huge weight lifted from his heart.

He hasn't been sleeping well these past few days, fearing that Chen Yan will post the chat history of treating him like a simp in the class group.

If this really happens, it won't just be a massive social disaster, it'll be a real possibility that people will have to consider transferring schools!

After class in the morning, Chen Yan received a WeChat message from Li Mingjie: "See you at the company at 1 PM this afternoon."

So he quickly ate a bite in the cafeteria, grabbed his documents, and headed to the China Resources Building.

……

26th floor of China Resources Building.

The receptionist met Chen Yan yesterday and was quite impressed with this handsome young man.

Seeing Chen Yan walk out of the elevator lobby, he immediately stood up and put on a professional smile:
"Mr. Chen, Mr. Li and the others are already waiting for you in the conference room."

"Ok."

Then, Chen Yan was led to the conference room by the receptionist.

The meeting room door was open, and Chen Yan stepped inside.

On one side of the oval conference table, Li Mingjie was talking to two men. When Chen Yan entered, they stopped talking and looked up.

Li Mingjie was the first to stand up, his face bearing his usual warm smile. He took a few steps forward, patted Chen Yan's upper arm, and said softly, "Is everything ready?"

"Ah."

Chen Yan smiled and nodded in response.

Li Mingjie then turned around and introduced to Chen Yan, "This is Xu Yang, the SVP (Senior Vice President) of Tencent's Strategic Investment Department."

Xu Yang nodded to Chen Yan. He was tall and upright, wearing a well-tailored high-end suit, and exuded a calm and capable aura.

Then, Li Mingjie pointed to the young man next to Xu Yang and introduced him: "This is Mr. Xu Yang's assistant, Xiao Li."

Xiao Li quickly stood up, a humble smile on his face, and bowed slightly, saying in a neither servile nor arrogant manner, "Mr. Chen, hello."

"Hello."

Chen Yan stepped forward and politely shook hands with them one by one.

After a brief exchange of pleasantries, Chen Yan sat down next to Li Mingjie.

On the conference table, documents and materials were neatly arranged, and several cups of steaming coffee emitted a rich aroma.

Xu Yang raised his hand to look at the Jaeger-LeCoultre Master watch on his wrist, and said to Chen Yan:
"I have forty minutes to talk about what you are doing, what stage you are at, and what your future plans are."

"no problem."

As he spoke, Chen Yan stood up and walked to the big screen, plugged the USB drive into the laptop in front of him, opened the PPT he had prepared the night before, and then projected the screen onto the big screen.

The first page of the PPT only has two sentences—

[Daily Part-Time Jobs - Precisely Matching Your Spare Time]

[China's first vertical-domain part-time job platform]

Without wasting any words, Chen Yan turned directly to the second page—the table of contents.

**Table of Contents**
1. Market Opportunity: The Golden Age of the Gig Economy
2. Product Innovation: Intelligent Matching of Part-Time Jobs

3. Business Engine: A Three-Tier Profit Accelerator
4. Industry Future: New Infrastructure for Flexible Employment
5. Core Team
........................

Chen Yan pointed to the first line with a laser pointer: "President Xu, let me give a brief introduction first."

According to authoritative data, in 2013, the size of my country's flexible employment market reached 944 billion yuan.

2008-2013年，年均复合增长率30.5%，预计2014年将突破1700亿元，2015年进一步增长。”

"The penetration rate of flexible employment increased from 11.4% in 2008 to 16.4% in 2013, becoming a core means for enterprises to optimize human resource allocation."

At this point, Chen's tone suddenly rose:

"However, according to statistics, 68% of job seekers have encountered fake part-time job information!"

"I have a friend..."

"I saw a job posting online that said they were sincerely recruiting part-time KTV waitresses, with a daily wage of 1000 yuan. Requirements: female, good-looking, and over 165 cm tall. Job duties: helping customers choose songs, serving fruit platters, etc."

"But when we got there, we found out it was a place that attracted chickens." The three people in the audience couldn't help but twitch their lips, clearly taken aback by the lame joke...

Chen Yan continued:
"Furthermore, most human resources agencies on the market suffer from low matching efficiency..."

"on the other hand,"

"For businesses, there have always been significant pain points, such as a 40% seasonal labor shortage and a 35% increase in training costs..."

"Based on this, [Daily Part-Time Jobs] was born."

"【Daily Part-Time Jobs】Utilize a credit double guarantee system."

"It consists of a corporate security deposit pool plus blockchain-based notarization of the skill certificates of order takers."

"Furthermore, in the latest version, we have added an instant messaging hub."

"Employers can conduct voice/video interviews and sign electronic contracts instantly on the latest version of the [Daily Part-time Jobs] app."

Next, Chen Yan clicked on the "Operations Data" section of the PPT.

*Operational Data*
Cold start results: Covering 109 universities in Jiangxi Province in less than six months, with a retention rate of 39%-
Matching efficiency: Average order processing time is 10.4 minutes (industry average is 32 minutes).
-
Benchmark Cases:

Zhiweiguan Chain Catering: Labor costs reduced by 28% during holidays
College students: Average monthly income increased by 800 yuan
-
"This is our operational data for the past six months since the establishment of [Daily Part-Time Jobs]..."

"The funds from this round of financing will be used to expand into new cities. In the future, I hope that [Daily Jobs] can become the largest part-time job service platform in the country..."

"You can take a look at the financial reports of [Daily Tech] for the past few months."

As he spoke, Chen Yan took out several documents that Zheng Jia had printed out earlier from his briefcase and handed them to them one by one.

Five minutes later, Xuyang finished reviewing the financial report and looked up at Chen Yan:

"Mr. Chen, our company has great confidence in the development of Daily Technology. Before coming here, my colleagues in the department had also conducted in-depth research on [Daily Part-time Jobs]."

Let's get straight to the point. How many shares are you planning to give up this time? If the price is right, Tencent will take them all.

Before Chen Yan could reply, Li Mingjie couldn't sit still any longer: "Stop, stop, stop, President Xu, didn't we just agree to split it in half?"

The 200 million yuan angel investment that Li Mingjie previously made in Chen Yan has now multiplied several times over. Having tasted success, he had already planned to invest another 1000 million yuan in this round.

To be honest, if Pushun Capital weren't so small, he would have wanted to buy out the entire Series A funding round.

Xu Yang was not to be outdone: "President Li, you've already profited so much from the angel round, are you still going to compete with me for this Series A round?"

"How about this, I'll do all the rounds this time, and I promise I won't compete with you for the next round, okay?"

Li Mingjie was already cursing under his breath.

Damn, even a fool knows that the earlier you invest, the greater the return. This guy is so damn cunning!

Just as Li Mingjie was about to argue his point, Chen Yan interrupted him: "Why don't we talk about the price first, you two bosses?"

Upon hearing this, Li Mingjie and Xu Yang exchanged a glance and both indicated that there was no problem.

So Chen Yan simply moved the PPT to the last page.

It clearly states on the sign: "Selling 20% ​​of shares to raise 3000 million."

Li Mingjie gasped in shock at the price!
Wow, based on this ratio, [Daily Part-Time Jobs] is now valued at 150 million!

However, Xu Yang, who was standing to the side, didn't react much.

"Tencent is indeed very wealthy," Chen Yan thought to himself.

In reality, a valuation of 1.5 million (US$2400 million) is indeed a drop in the ocean for Xuyang.

It's worth noting that as the SVP (Senior Vice President) of Tencent's Strategic Investment Department, he deals with many companies with market capitalizations of tens of billions of dollars every day. Moreover, Tencent invests tens of billions of dollars annually, so this amount is indeed just a drop in the ocean.

However, the price Chen Yan quoted was slightly beyond his expectations.

After a moment's thought, Xu Yang asked, "What is the current DAU (Daily Active Users) of [Daily Part-Time Jobs]?"

Chen Yan: "5000".

Is it stable at 5000?

"Touched 5000."

"So, what do you think is a suitable price for one DAU?"

“Internationally, each DAU is worth about $5000. [Daily Part-Time Job] currently has 5000 DAU, so it is worth $2500 million. However, I gave the two bosses a discount of $100 million, so it was only calculated to be $2400 million.”

"Ha ha ha ha."

Xu Yang burst into laughter for the first time, "You're really shrewd, kid."

After speaking, Xu Yang looked at Li Mingjie: "President Li, what do you think, are you going to join or not?"

Li Mingjie seemed to be hesitating. The price was 50% higher than he had expected, and he already had 10% of the shares. Did he really want to take the risk and enter the market?
Seeing that Li Mingjie remained silent, Xu Yang turned to his assistant, Xiao Li, and said, "Go and print out a TS (Term Sheet)."

"it is good."

"Mr. Chen, I have to catch a flight soon. I'll have Xiao Li handle the rest of the arrangements with you. Tencent has invested all 3000 million."

As Xu Yang spoke, he specifically asked Li Mingjie, "Mr. Li, you don't have any objections, do you?"

Li Mingjie shook his head with a wry smile; the price was indeed beyond his means.

At this point, the Series A negotiations for [Daily Part-Time Jobs] are basically a done deal.

"Wait a minute! Mr. Xu, didn't you say there were 40 minutes? Only 20 minutes have passed."

……

(Chapter 1 is released first, Chapter 2 will be later. Godfathers, please vote for me at the beginning of the month~)

(End of this chapter)