My Return to Life

As the saying goes, when the secretary opens his mouth, the leader is tired and broken.

Ah, no.

When the leader opened his mouth, the subordinates broke their legs.

Fang Nian and Guan Qiuhe only signed and sealed with Guan.

But with all kinds of affairs involved in the transaction, even Liu Xi, who was following the study, secretly felt that his legs might break.

At least these things are a bit complicated to say, and they will be busy for at least a week.

"Boss Fang has become my creditor, so you don't intend to buy me a cup of tea?"

Outside the Fuqing Building, Guan Qiuhe had his hands in his pockets, looking graceful.

Fang Nian looked around: "What kind of tea would Boss Guan want to drink?"

"I don't dare to raise an opinion." Guan Qiuhe said in a dutiful manner.

Fang Nian turned his head to look at Guan Qiuhe, and joked, "Sister He, your expression is seriously inconsistent with your image.

It's only been half a minute since you stood here, and the exquisite appearance of the three repeat customers can't control the expression of duty. "

Guan Qiuhe squinted at Fang Nian: "Go, go, go!"

"..."

Although there is a sneak tea restaurant next door, which provides afternoon tea, Fang Nian still finds a teahouse, and invites Guan Qiuhe to drink tea seriously.

What is needed is the exquisite elegant seat, not the one in the lobby.

To a pot of 288 yuan Dahongpao.

Fang Nian took a sip and felt that the price of this pot of tea was too high. It should be set at 250, which is purely fooling people.

"Waiter, bring me another pot of boiling water." Fang Nian called out.

Guan Qiuhe on the opposite side couldn't help laughing out loud: "Should I say you are stupid or too honest?"

In fact, she wanted to persuade Fang Nian not to order expensive famous tea from unfamiliar teahouses, as they were usually fake.

Fang Nian looked indifferent: "I was mainly thinking about inviting a delicate old woman like Mr. Guan to order a famous tea to go with it. I didn't expect it."

"So it was to trick me." Guan Qiuhe pursed her lips.

As he spoke, he lowered his eyes and stared at the tea in a daze for a moment.

"Your company doesn't fit your style. It looks like it should be 50 square meters, with 6 workstations and 5 signs."

Fang Nian said indifferently: "I think it's pretty good. Up to now, there are only 3 part-time employees. With me, isn't there enough office space?"

"It's called frugality. An old and rich woman like you won't understand it."

Guan Qiuhe had to endure it so that he didn't splash the tea in his teacup on Fang Nian's face.

Gritting his teeth, he said, "Aren't you unhappy if you don't run on me?"

Fang Nian thought about it carefully, and met Guan Qiuhe's eyes that seemed to kill him, with a look of deep approval on his face.

That is called a moment when silence speaks louder.

Then Fang Nian explained in a serious tone: "Occasionally, you have to be angry. Since you founded 'Great Fun', you have become more and more facial, and you have become more and more mature;

As your friend and partner, I cannot stand idly by in case you forget that you have not turned 23 until now. "

Guan Qiuhe blinked her eyes, moved her lips slightly, and finally remained silent, drinking tea with her head down.

She knew what Fang Nian said best in her heart.

If you have to say it, it is also a pun.

The superficial meaning is what Fang Nian said, but the deep meaning is that the mature appearance is not really mature.

Thinking about it, Guan Qiuhe was suddenly startled, and suddenly raised her head to look at the young man with an overly tender face, and muttered to herself, "So that's how it is."

Fang Nian: "..."

He was a little confused.

But his intuition told him that Guan Qiuhe seemed to have misunderstood him.

It's just that Guan Qiuhe didn't give Fang Nian a chance to speak, and said directly: "Thank you, I understand."

Fang Nian: "...?"

He just felt it.

In my previous life, after graduating from high school at the age of 17, because of my tender face, I worked part-time after finishing my job at a training institution. I was repeatedly rejected for a job because of my age, so I changed into more mature clothes and grew a beard to look older.

So that gradually I think I am old, I have not lived the way I want, and I have lost my youthful appearance.

The loss outweighs the gain.

Before Fang Nian could speak,

Guan Qiuhe went on to say: "The contract is signed, and there are still a few things I want to discuss with you."

"Tell me." Fang Nian stopped thinking about it and continued the conversation.

Guan Qiuhe said: "Do you think it is necessary to adjust the company's equity structure after this financing?"

Hearing this, Fang Nian pondered for a while, and said, "Yes."

"Follow the trend and do a stock split, and then introduce A-round financing."

Guan Qiuhe nodded and said, "Now the company's total share capital is 1 million shares, and each share is worth 1 yuan. How do you think it is more appropriate to split?"

Fang Nian twirled the teacup, but did not immediately answer Guan Qiuhe's question.

After a while, Fang Nian thought about it and said, "Split the shares at a ratio of 1:1000."

"After the split, each share of the company's stock is worth 0.001 yuan, and the total share capital is 1 billion shares, which should be enough."

Guan Qiuhe frowned: "Is the movement too loud?"

Fang Nian murmured: "It's not that big, we have established an equity pool with 10% of the shares in it.

We put this 10% in the A round, and plan to issue a total of 100 million A round preferred shares to the A round investors. The proposed issue price is RMB 1 per share, and the total financing is RMB 100 million. "

Guan Qiuhe was taken aback: "Is this going to be valued at RMB 1 billion?"

After thinking about it carefully, he said, "After the game platform and Minecraft are launched, it shouldn't be outrageous, so let's do that."

Stock splits are for financing.

Financing will not change the value of the company's original stock, which is still 0.001 yuan per share. What will change is the issue price of the A-round preferred stock and the company's valuation.

The focus here is not on how much money was raised in the A-round financing of "Fun Fun";

It's about whether interested investment institutions can accept the "fun" round A financing offer, that is, the company's valuation is 1 billion.

Fang Nian has financing experience.

Guan Qiuhe put all her talent on this type.

So it can be understood in a few words.

Fang Nian finally put down the teacup in his hand, completely disappointed, and said.

"If the company's development is good enough after the A round of financing is completed, we will split the shares again to minimize the dilution of our shares.

By the way, follow the trend to register an exempted limited company in the Cayman Islands. The authorized share capital is US$50,000, divided into 100 million shares, and the share capital is converted, and then the B round of financing is conducted. "

After a pause, Fang Nian added: "Also, we still have to consider the plan of different rights for the same shares."

Hearing this, Guan Qiuhe laughed: "The plan for different rights for the same share has been basically prepared."

"I don't care if you need it or not, you taught me, so prepare with multiple hands."

"The plan generally refers to the voting rights structure of other companies, divided into Class A shares, Class B shares, A-round preferred shares, etc., and the corresponding voting rights are different;

Tentatively, one share in Class A has 10 votes, and one share in Class B has 1 vote. "

Fang Nian looked at Guan Qiuhe, and said with a smile, "Boss Guan is amazing."

"I hope that our original idea can be maintained at the end of the financing, so that our personal shares can add up to 67%."

Guan Qiuhe blinked her eyes and said in surprise, "You're not considered cutting-edge?"

"How can a company compare with an individual, right?" Fang Nian said with a look of course.

Now the total number of shares of the two is 82.5%, and they have decided to share no more than 5% of their dry shares with the management and engineers.

Others are more likely to share the dividend rights of the 10% shares that were settled last year.

That is to say, in the best case, after the A round of financing, Fang Nian and Guan Qiuhe can take out 10.5% of the shares to carry out the B, C, and D rounds of financing.

until listing.

In fact, in the plan of different rights for the same share, Guan Qiuhe designed that with no more than 30% of the shares, he can hold more than 85% of the voting rights.

In other words, Guan Qiuhe's confidence in some aspects is not as good as Fang Nian's, but at the same time, he has higher expectations for the company's future.

That is to say, Guan Qiuhe thinks that it is not so easy to reach the scale of tens of billions of "crazy for fun", but also thinks that it will not stop at the scale of tens of billions...

In the end, Fang Nian said with emotion: "Once the A-round financing starts, it will be difficult to return to the current state where we decide everything in a few words."

Guan Qiuhe smiled: "If you want to be the capital's father, you must first be abused by the capital's father."

"It makes sense." Fang Nian thought deeply.

Guan Qiuhe glanced at Fang Nian, and said: "So Mr. Fang has thought of the present since he invited me to join the frontier part-time job. He doesn't want to be abused by capital, so he has to be capital first."

Hearing this, Fang Nian had a serious face: "Mr. Guan, don't talk nonsense, I don't think so!"

"I've always made friends with capital with the idea of ​​a win-win situation."

Guan Qiuhe curled her lips: "Yes, yes, Mr. Fang is the most honest."

"..."

In short, from this month onwards, "Fun Fun" will gradually accept the limited strength of capital.

With the progress of hard work, the medium and long-term goals set by Fang Nian will be getting closer and closer to the "crazy for fun".

Now in the blink of an eye, it is already heading for a valuation of 1 billion.

Pretty fast.

It's not much worse than Boss Lei Kelei who may have started lobbying partners in the past two days. It's nothing more than a few months behind the company's valuation of 1 billion.

On the other hand, Fang Nian will gradually reduce the energy devoted to "fun".

Guan Qiuhe Guan always learns from others and plans to devote more energy to part-time work.

…………

…………

Friday, March 5.

Fang Nian is busy with schoolwork.

Classes have been going on all morning.

The distance between the classrooms is not that close, so I didn't take the time to tease Lu Weiyu.

After finally arriving at noon, I found a restaurant for dinner, and sent a QQ message to Lu Weiyu: "Spring is here."

As soon as the message was sent, the phone rang.

It's Guan Qiuhe's call.

After connecting, Guan Qiuhe's first words were: "Boss Fang is awesome."

Then he said in a breath: "Yesterday morning, Wang Xing registered and established a company called Meituan in Beijing. The goal is to build a group buying website. It is said that he intends to attract some angels to vote."

"However, due to the adverse effects of Fanfou, there are a lot of interest for the time being, and very few have investment intentions."

"Also, a friend told me that Wang Xing might plan to try it out in Shanghai first."

The corner of Fang Nian's lips curled up slightly: "Mr. Guan is well-informed. It was established yesterday, and you will know it today."

"Don't you need me to say it next?"

Guan Qiuhe smiled and said, "I know."

"Currently, 11.8 million RMB has been allocated to Frontier Angel's account, and I've handed it over to you. Also, please pay more attention to Lei Xi." Fang Nian said with a smile.

Guan Qiuhe said: "In the afternoon, I will send Lei Xi a business card, so the head office will be fine."

"That's great." Fang Nian said.

After talking about this matter, Guan Qiuhe changed the subject and said, "The candidate for the CEO of 'Greed for Fun' is basically determined, do you want to meet?"

"No." Fang Nian said directly, "No need, I'm busy."

Guan Qiuhe pursed her lips, and finally said: "It's okay."

"Just now the R\u0026D department submitted the internal testing requirements of the game platform, and the R\u0026D manager Zhang reported it to me. Can you take care of this matter?"

Fang Nian took up the conversation: "It will definitely work. I'll go and have a look after dinner."

"After waiting for so long, I really hope that the R\u0026D department can come up with a more ideal result. It's already March." Guan Qiuhe sighed.

Fang Nian hummed, but didn't say much.

One thing to say, this efficiency is really not high.

It's not that there is no money spent, nor is it that there are no references. There are successful cases abroad that have been developed for several years.

It was also drunk to make a pile of shit a year ago.