Rebirth: Dominating The World, Starting From The Campus Network
Error reportChapter content
Future technology, no money left.
People in the investment circle have received the wind of future technology.
In an instant, many investment institutions were eager to take action.
In September, the campus network launched the "Bright Sword Action", which directly exposed major counterfeit websites to the ground, even the campus network of Goose Factory became a thing of the past.
Countless investment institutions are paying close attention to every move on the campus network, and they naturally know such a big move.
Similarly, these investment institutions also know that in today's market, the campus network dominates, and other heavily damaged counterfeit websites are no longer competitors of the campus network.
Since its launch on the campus website in February, Future Technology has faced various severe challenges, and ultimately defeated all its competitors in September, becoming the undisputed leader in the community social media field.
Even though the campus network has not yet brought even a penny of income to future technology, no one feels that the campus network lacks the ability to make profits.
The reason why Xiaonei.com has not yet made a penny is because the founder of Xiaonei.com, Lu Yi, has great ambition and wants to expand the user base of Xiaonei.com as much as possible.
Although the major investment institutions that invested in Lu Yi a few times felt that the story he told was somewhat exaggerated, they were indeed moved, so they chose to pay out.
October 7th, the last day of National Day holiday.
Investment institutions represented by Goldman Sachs and Morgan gathered at a hotel in Sucheng.
Future technology has already opened up the B-round financing channel, and they will naturally not be absent.
The major investment institutions are still Softwin, IDG, Goldman Sachs, Morgan, and others.
This round of B-round financing, in addition to these major main institutions, has added a new main institution, Huajin Securities.
The vast majority of future technology shareholders are foreign capital.
IDG, Goldman Sachs, and Morgan are all international large venture capitalists from the United States.
There is only one domestic investment institution, Shenzhen Venture Capital.
Fortunately, this time I came to Huajin Securities, which is a nationally renowned venture capital firm.
At 10 o'clock in the morning, the door to the conference room was closed.
Lu Yi and the heads of major venture capital institutions sat at the elliptical table to discuss the specific matters of the B-round financing.
Xue Cunhe, who was a soft winner, smiled and said, "Lu Dong, congratulations. After the September Sword Action, the campus network has become the undisputed absolute leader in the domestic community social field, and even opponents like Goose Factory have been completely defeated by you. You have to turn the tide, take down the campus network project, integrate and reorganize resources into a QQ space project."
In the A-round financing in June, the big move that Lu Yi made them willing to pay for was the "School Flower and School Grass Selection Activity".
At that time, they all predicted that the campus network would become the undisputed leader in the field of community socializing as this activity unfolded.
But the result was still somewhat beyond their expectations.
Because of the campus network, it completely wiped out the campus network of the Goose Factory.
You should know that the campus network of Goose Factory has been closely following the campus network, occupying the second largest market share in China, and backed by QQ, which claims to have 200 million users.
This is an absolutely strong opponent.
They had previously predicted that counterfeit websites such as Goose Factory would be severely weakened and would be completely widened by the campus network.
But I never thought that the campus network could be so successful that Goose Factory could directly launch the campus network project.
After all, they all know how much resources Goose Factory has invested in the campus network project.
Saying to dismount immediately means that the previous investment has been wasted.
Even if Goose Factory turns the campus network project into a QQ space project, it still loses the money it should have lost.
Huang Zhen from Shenzhen Venture Capital laughed and said, "I also heard that Zhao Peng, the person in charge of the campus network project at the Goose Factory, was so angry that he vomited blood and fainted on the day of the launch of the school flower and grass activity. Zhao Peng is afraid that he will hold a lifelong grudge against you, causing him to lose face."
The atmosphere on site was very relaxed, as if everyone was not here to invest, but to make a living.
Li Wen smiled and said, "With the end of the school flower and school grass activity, the campus network has occupied 90% of the domestic market share. Other competitors are no longer able to challenge the position of the campus network and can only survive."
Goldman Sachs representative: "From the current perspective, the global user volume of the campus network has exceeded 100 million, and the monthly growth of overseas users has reached over 10 million. The development speed is unparalleled in the industry."
That's also why Lu Yi let the wind out that he had no money, and these investors rushed to Su City without hesitation to deliver the money.
Be optimistic about the future development of technology!
Nowadays, the campus network has a basically monopolistic position in China, with a user volume exceeding 50 million, standing out from the crowd.
While developing the domestic market, the pace of exploring overseas markets has not stopped.
Not to mention the Greater China region, it is only the North American and European regions, and the current user volume has also exceeded the 60 million mark.
Moreover, according to the relevant data they have obtained, the development momentum of the campus network (face) that goes abroad is even more rapid than in China, with a monthly user growth of over 10 million.
According to their prediction, there is a high possibility that overseas users will exceed 100 million by the end of this year!
If we add in users from the Greater China region, the number of users on the campus website may even reach 200 million by the end of this year.
And domestic goose factories are just like that.
Even though the 200 million users claimed by the Goose Factory are simply fake, the users on the campus network are real because the campus network is registered with real names.
An Internet company, which has been established for less than a year, has been able to expand the number of users to more than 200 million in such a short time, which shocked and surprised them.
Lu Yi calmly said, "The campus network is moving in the right direction, and we are very clear about what users really want. This is also one of the magic weapons that we can win the favor and recognition of users.".
Not understanding what users want and not providing them with the product features they want will undoubtedly become a loser.
Since its inception, our campus network has always prioritized user experience from the perspective of users. Therefore, we have been able to overcome challenges and defeat one opponent after another, becoming the undisputed leader in the field of community socializing
After a pause, Lu Yi added: "Xiaonei is not a single service, nor a simple social networking site. It is a basic platform, which will be as large as the Internet itself in the future. Trust me!"
Major investment institutions looked at each other with some confusion as they listened to Lu Yi's bold words.
As big as the Internet itself?
Young man, isn't your tone too wild!
Although they felt that Lu Yi's tone was somewhat exaggerated, they were unable to refute the real growth data presented in front of them through the internal network.
After Lu Yi drew a big cake and told a beautiful story, he began to enter the substantive stage of financing.
Morgan's representative said, "Mr. Lu, there is nothing more convincing than growth data. We can see the development potential of the campus network. So, how much money do you plan to raise and how much equity do you plan to give up for this round of B-round financing?"
Shua Shua~
In an instant, all investment institutions turned their attention to Lu Yi.
During round A, Lu Yi took away 20 million meters of gold.
Four months have passed, and the campus network has not only defeated various opponents to become the leader in China, but has also gone overseas and achieved unprecedented success overseas.
They are all aware that in this round of B-round financing, Lu Yi is likely to make a big fuss.
Lu Yi directly quoted, "Financing 600 million yuan, selling 12% equity, with a valuation of 5 billion yuan."
Upon hearing this number, the small institutions present smiled bitterly in their hearts.
No money!
They are not looking for top international venture capitalists like Goldman Sachs and Morgan, they don't need money.
Of course, no matter what, it's okay to have some soup if you can't eat meat.
The major institutions present did not object to Lu Yi's quotation.
They silently compared in their hearts, and even though Lu Yi's valuation of the company was slightly higher than their psychological estimate, it was still within the acceptable range. Coupled with their good money, they were not indecisive.
After consultation, an agreement was quickly reached on how much each company would contribute.
After Series B financing, the equity structure of Future Technology is as follows:
Reserve for option pool: 10.692%
Lu Yi: 62.568%
Soft win: 5.344%
IDG: 4.844%
Deep Venture Capital: 4.144%
Goldman Sachs: 4.256%
Morgan: 4.056%
Huajin Securities: 1%
Other: 1.908%
Lin Qingya: 1.188%
Two hours later, Lu Yi and major investment institutions completed the agreement signing, and the funds will be deposited into the company's account within ten days.
600 million is not a small amount, it naturally takes some time.
With the successful completion of the B-round financing and shortly after the signing ceremony, the news spread in the industry.
Future Technology has successfully obtained 600 million rounds of B financing, which is less than the exchange rate change, equivalent to about 73 million meters of gold. The company's valuation is 5 billion RMB, and it is the only unlisted company in China with a valuation of more than 5 billion yuan so far.
Five days after Future Technology received 600 million yuan in financing, the news was still in the hot discussion stage. The news of another well-known domestic Internet company financing 82 million meters of gold broke out, instantly changing the heat of Future Technology.
This company is none other than Ali.
When this news reached Lu Yi's ears, it also surprised him a bit.
82 million meter Jinlu Yi is very familiar with it. According to the development path of his past life, Ali will receive this investment in February next year, but it is obvious that he has advanced it by half a year now.
Shortly after Ali revealed that he had received a financing of 82 million meters, Shengda announced the news of a financing of 40 million meters.
The birth of the three huge financing transactions before and after almost occupied the front page headlines of industry news, causing countless discussions.
The birth of these three investments has led to continuous discussions in the industry. It seems that the cold winter of the Internet is beginning to pass and spring is coming?
The spread of news has become a topic of conversation for countless people after their leisure time.
Countless people are talking about the top Internet enterprises in China.
And currently, the most famous and yet to be listed companies are Qiandu, Goose Factory, Ali, and Future Technology.
Media with good news can directly turn the original BAT into BATW.
Obviously, this W represents future technology.
These are the four unlisted giants of domestic Internet companies, all of which are high quality targets favored by the investment community.
Qingming outing and happy reading! Charge 100 and get 500 VIP coupons!
Immediate recharge (activity period: April 4th to April 6th)
Loading reviews...
Review notes:
1. Do not post links or mention other websites.
2. Do not use harsh, derogatory, or offensive language towards others.
3. Reviews or general negative comments that do not provide value to readers will be deleted.
Please review and fully comply with all regulations in the Terms of Service when using the website.