"My fame probably isn't that great." Zhou Yujie laughed. Although he has made some achievements at present, fame is actually only in a small circle, and it is not really huge in scale. Otherwise, it would be difficult for people outside the circle to know.

Even the leader of Joe, Bill Gates or Mark Zuckerberg are actually the only way to get rid of their entrepreneurial experiences after they have achieved success in their careers. Otherwise, if they die in the middle of the business, they will know who they are.

"Mr. Zhou, I am actually a graduate of Shanghai University, just a few years older than you." Zhu Yifang said with a smile.

"So it's the senior." Zhou Yujie nodded with a smile. If he was the senior, he might have learned his information in the university group.

Zhou Yujie asked, "I don't know why Mr. Zhu came here today?"

Zhu Yifang said: "I am the representative of the investment company. I came here for investment, of course."

"But as far as I know, your fund has always been an investor in the industrial field. How could he think of investing in one of our Internet companies?" Zhou Yujie asked.

Zhu Yifang smiled and said, "Mr. Zhou, although our main business area of ​​Wofeng Investment Fund is in the industrial field, it does not mean that we will not choose to invest in other industries. In fact, we set up a branch at the beginning of this year to specialize in investing in emerging Internet industries.

Some time ago, I used your company's Toutiao and found that compared with other similar mobile news software, it is much more convenient to use, and the entire interface looks very comfortable. My colleagues around me like to browse this software in their spare time.

Although I don’t understand the Internet field very well, I think so many people like to use your company’s software. As long as you operate well, you will definitely have great prospects in the future. However, as far as I know, market development in the Internet industry is extremely costly. I think your company’s financial pressure should be quite large recently, right?”

"There is a little pressure." Zhou Yujie asked without telling the truth: "Why don't you know what kind of financing plan Mr. Zhu can provide?"

Looking at Zhou Yujie's unmoved attitude, Zhu Yifang felt a little murmur in his heart. Before coming this time, he had actually asked some friends in the industry and knew that several venture capital funds were already very interested in Toutiao companies, but they were still in the early stage of investigation and had not yet made official contact. These venture capital investors are very arrogant towards small companies and generally do not come to the door on their own initiative.

I wish Yifang was responsible for investment projects in the Internet industry in his own fund. Since the beginning of the year, he has invested in several "group buying" companies in the industry that are believed to be absolutely not to lose money. As a result, the several companies he invested in have burned money for several months, all of them went bankrupt at losses, and the fund also lost millions of dollars.

It was also an accident to think of investing in Toutiao. His identity was already a good successful person in Shanghai University. Therefore, he had some contact with some professors from Shanghai University. After learning about Zhou Yujie's existence from a chat some time ago, he began to investigate.

AppTreasure, Quxin, several software are indeed surprising. No one would have thought that a college student who just started a business would launch several software at the same time. However, after the investigation, data from all parties showed that the number of installations of these three software was increasing. In addition, he also liked to read news quite a lot. After using it, he suddenly fell in love with the feeling of using his mobile phone to browse news.

Zhu Yifang is from a financial investment background and has achieved some achievements in other fields. Although he doesn’t understand the Internet very well, the most basic logic of investment is that something with an increasing market share will definitely be a good investment. So he did not conduct too many other detailed investigations and went over directly to make the first step of contact. Anyway, it is unlikely that the investment will be completed in one go. Let’s talk about the details first.

His mind was spinning rapidly, but Zhu Yifang still had a smile on his face, said: "Mr. Zhou, according to our department's research on your company's business, 10 million US dollars is the valuation of your company. Our Wofeng Fund is willing to provide 4 million US dollars in cash to obtain 40% of your company's shares. This is to ask you the price of buying shares separately. If the transaction is completed, the money will belong to you. Then we negotiate according to the proportion, and both parties will inject funds into the company according to the equity ratio.

After the acquisition, the joint venture will establish a board of directors. We will not have any requirements for controlling rights, but we need to give netizens enough board seats according to the share ratio."

"10 million US dollars is reasonable." Zhou Yujie nodded and said.

The other party obviously did not know that he had obtained more than 10 million US dollars in cash with the [Double Eleven Copyright]. If this fund is removed, with the current 3 million users of AppTao + less than 100,000 active users of Toutiao (there are hundreds of thousands of inactive ones), the valuation of 10 million US dollars is not outrageous. As for Quxin, under the current monopoly of QQ, no one would be optimistic about it if he did not make any achievements.

It is 2010, not the era when the Internet broke out ten years ago. At that time, although foreign venture capital funds were crazy, they were still rational. An Internet company did not have enough market and profit model, so it was impossible for it to obtain large amounts of funds. The QQ was almost sold for 600,000 yuan because the boss of Teng Xunma could not think of a profit model and could not get venture capital investment.

But in 10 years, the Internet field has been in a turbulent manner. QQ, which was once unwilling to be a giant with a market value of hundreds of billions, also made countless investors understand that as long as there is traffic, there is no need to worry about not being able to recover in the future, so investment has become more radical. Especially in the past year, hundreds of group buying websites, as long as they have achieved a little success, they can immediately get millions of investments.

Didi in history only negotiated a cooperation agreement with more than 100 taxi drivers in Yanjing two years later, so she made a business plan and obtained an angel round investment of 4 million yuan. According to the valuation, Didi's market value at that time was 30 million, which was simply outrageous.

At present, in the eyes of most venture capitalists, the most valuable thing about Toutiao companies is the two softwares, AppTiao + Toutiao, but they are still not sure about the profit method. In other words, like giants like BAT, they are not optimistic about the future of the Internet on mobile phones, so they have been a little hesitant.

For security reasons, venture capitalists have focused on the recently popular group buying model, and the current model of group buying is mainly on the PC side. Only in this era can people who target mobile Internet be able to seize the lifeblood of mobile Internet. For example, Boss Wang of Meituan shifted his target to mobile phones in the battle of thousands of groups next year, and finally successfully became the boss in the group buying field.

Zhu Yifang saw that Zhou Yujie didn't say anything and thought he had intentions, so he continued to say: "Mr. Zhou, as long as our contract is signed, the 400 US dollars of funds will be received within 3 days. In addition to finance, we will not interfere in management. In this regard, you can go and investigate. We, Wofeng, are also very famous in the industry."

"To be honest, the conditions are good, but money is not the only factor I consider." Zhou Yujie refused with a smile. Although he looked down on the valuation of 10 million US dollars, the other party did not know that with the current operating conditions of Toutiao Company, the investment in front of him was at least sincerely, but the asking price ratio was too high, 40%, and few real entrepreneurs would agree.
Chapter completed!