Open business day-to-day

Chapter 301 Chief Financial Officer

Two days passed in the blink of an eye, and the due diligence on Zhongyou Technology has come to an end.

This game company is indeed very good. The founders are composed of more than a dozen graduates of the University of Commerce, all of whom graduated with a master's degree, and the University of Commerce is the only key university in the province.

Zhongyou Technology is a relatively well-known start-up company in Shangzhou City, which is very representative.

The strength of the company is also good. Since its establishment in May last year, seven or eight founders have invested more than 300 million self-raised funds.

In addition, the bank still owes more than 200 million start-up loans, and the investment amount is definitely not small.

Zhongyou Technology focuses on mobile games. Since its establishment, it has released a total of four mobile games. Except for one hit the street, the other three have performed well.

However, nowadays, the stock of smart phones is too small, and the market potential has not been shown. Although there is a lot of revenue, it can only recover the development cost and a small part of the profit.

These profits are also spent on expanding the company's scale. So far, Zhongyou Technology has a total of 97 employees, which is definitely not a small number.

It’s just that due to lack of financing and the small number of smartphone users, mobile games have never ushered in an explosion, so they can only maintain daily operations and small-scale expansion.

A few months ago, seeing that the web game market was getting hotter, they followed suit and developed a web game, but the performance was mediocre.

Today, the company's main focus is still on mobile games, and it only retains a research and development team for web games, and it is not too invested.

In general, this is a company with great potential, especially when smartphones become popular in the future and the mobile game market explodes. If this company is still alive, it may be able to make some achievements.

The next step was the negotiation. There were two rounds first, and Lin Rui attended the last round in person.

Finally, an agreement was reached, and Weiyang Technology invested 700 million yuan, accounting for 30.00% of the shares of Zhongyou Technology.

The pre-investment valuation is 300 million and the post-investment valuation is 2000 million.This can be regarded as Weiyang Technology's investment in a start-up company with the highest valuation during this period.

Of course, such a high valuation is also conditional.

As Weiyang Technology's web game platform gradually matures, giving it an independent name is also on the agenda.

Everyone thought about it for a long time, and finally Zhang Hui, the person in charge of the page game platform, reported the name "Zhongyou", and everyone thought it was good.

Lin Rui only found out in the last two days, and the name collided.

This is actually nothing, Weiyang Technology has registered the trademark of "Zhongyou" two days ago.

And Zhongyou Technology obviously did not register the trademark of Zhongyou, and Weiyang Technology can legally use the name Zhongyou.

Even so, crashing is always bad, and there may be some disputes in the future.

Therefore, it is not unconditional to be able to give such a high valuation this time, and to relax in other aspects.

The only condition that Weiyang Technology offered was that Zhongyou Technology changed its name, and Weiyang Technology became the only company that could use Zhongyou's trademark.

Although it is a bit bullying to do so, it has to be done in order to reduce future disputes.

Although Zhongyou Technology feels uncomfortable, the trademark "Zhongyou" has been registered by Weiyang Technology, and it can be used legally.

Maybe in the future, if Zhongyou Technology uses Zhongyou's trademark, it will infringe on other people's rights and interests.

In addition, Weiyang Technology is the sponsor and investor of this time.If the company wants to continue to develop and survive, it can only accept investment, and there is no other choice at all.

After hesitating again and again, since Weiyang Technology raised the company's valuation and released other aspects quickly, they finally agreed.

The banknote ability is really strong!
According to the contract, within half a month after signing the investment contract, Zhongyou Technology needs to change the company name and no longer use Zhongyou's trademark.

Although this round of financing has brought mixed joy and sorrow to Zhongyou Technology, after all, the financing has been reached and the funds for further development have been obtained, right?

Let the company survive and develop better, this is the most important thing.A company name is nothing compared to the life and death of the company!
When the news of the final agreement came out, the local media in Shangzhou were moved by the news and participated in the report one after another. This was the first Internet company in Shangzhou to accept financing.

With a valuation of 2000 million and an investment of 700 million, in 2010, it was not a small financing in the national Internet circle.

Still attracts a lot of attention.

This financing information has appeared on the pages of many domestic technology media.

This is even more so in the province. The provincial capital already has abundant media resources, and the addition of some media and newspapers has made this matter even more popular.

Not only did Zhongyou Technology become famous in the province for a while.

The investor, Weiyang Technology, inevitably attracted heated discussions again.

His shooting frequency is so high and so fast, it is a point.The first three start-up companies are all local in Los Angeles, and this is the first start-up company outside of Los Angeles to enter Weiyang Technology's investment list.

Although the amount of investment is not large, Weiyang Technology's move seems to have activated the start-up companies in the province.

In the recent period, some start-up companies in the province that were relatively low-key have also started to raise their profile and try their best to promote themselves.

Even in this period of time in the province, there are even more newly established technology startups than before.

Lin Rui has been staying in Shangzhou for four or five days, going shopping and wandering around with Dong Qingxuan every day.

Of course, the furnishing matter was not left behind. On the second day after buying the house, the two found a professional furnishing design company and entrusted them with the follow-up matters.

At the same time, Lin Rui transferred 200 million to Dong Qingxuan's personal account, part of which paid for the soft decoration, and the rest as pocket money.

Finally, after Zhongyou Technology's investment was finalized, and other people in the company were responsible for the follow-up matters, Lin Rui returned to Los Angeles again.

He had to go back this time. The page game Fights Break the Sky completed the research and development work more than a week ago.Another week of internal testing was done, some bugs were fixed, and the quality and playability were good.

On the other hand, the web game platform was officially built a few days ago. Thanks to Zhang Hui's efforts, the basic operators of the platform have also completed configuration.

Although this configuration is still very rudimentary, there are all the necessary operators.

Like a "product manager" who is responsible for the formulation and execution of game marketing strategies.

Responsible for the development and implementation of the game marketing plan "Executive Group".

There are also "marketing planners" who are responsible for collecting various information and designing and organizing various online and offline activities; "promoters" who are responsible for the execution of various promotional activities.

A "channel group" responsible for the establishment and maintenance of game sales channels.

Of course, there is also a public relations group, which is responsible for all kinds of public relations activities, various media relations, and sometimes related forum management.

The customer service group is responsible for game-related customer service.

GM game administrator, responsible for various customer complaints and handling, and data collection and management.

Large and small groups are added together, and the current number of various operators on the web game platform has reached five to sixty.

Although this configuration is still very simple compared to other large web game platforms, it is already able to operate the game.

Now that the game has been developed and the platform has been built, naturally there will be no more time wasted.

Therefore, NO.15 of this month was set to officially conduct public beta testing of the page game Fighting the Sky and the page game platform.

Today is already No. 13, so Lin Rui naturally wants to go back, prepare well, and take charge of the overall situation.

It was already past six o'clock in the evening when the car entered downtown Los Angeles.Lin Rui went home and took a shower, then went to the restaurant downstairs for dinner.

I took out the book and read it for a while, and it was past eight o'clock.It happened that Sun Yutong called and asked if he was back.

Lin Rui felt itchy when he thought of her enchanting figure, beautiful face, and slender white thighs.

I couldn't read the book anymore, so I picked up the car keys and went downstairs, and went directly to Sun Yutong's house.

A night of wind and rain, harpsichords and harpsichords!
Early the next morning, Lin Rui was just about to get up for exercise, and before she took her arms out of her arms, Sun Yutong opened her eyes lazily and woke up.

The alluring look on his face made people feel hot.

Before Lin Rui could make a move, Sun Yutong entangled him, how could Lin Rui bear it now.

However, although people took the initiative, Sun Yutong's body obviously has not fully recovered.The fighting power plummeted, and they were quickly suppressed and surrendered repeatedly.

When he arrived at the company in the morning, Sun Yutong was almost late, and gave Lin Rui a charming look, his face blushing.

Just after finishing some work at hand in the office, good news came from the headhunter.

The chief financial officer, or the company's chief financial officer, CFO, finally has some clues.

Lin Rui also read the resume from the headhunter, and it was very eye-catching.

Zhao Yan, 38 years old this year, graduated from Fudan University, then joined PricewaterhouseCoopers, one of the world's top four accounting firms, and was promoted to a partner of PricewaterhouseCoopers in 04.At that time, the salary plus bonus year was over one million.

In the middle, he was also sent by the government to study at Yale University in the United States for two years, and his performance was very good.

In 08, he resigned as a partner of PricewaterhouseCoopers, joined Goldman Sachs, became a senior manager of Goldman Sachs Greater China, and started a professional VC.

Before resigning, his annual income at PricewaterhouseCoopers was close to 200 million.

However, I have only worked at Goldman Sachs for more than two years. In July this year, I was poached by a newly established domestic venture capital company and joined this newly established company.

However, the venture capital's management philosophy and investment methods are not in tune with him.After going in for a few months, I found that it was not very suitable. I just left the job two days ago.

Currently in the wait-and-see stage, looking for a suitable next home.

During this period of time, the headhunters have actually recommended several targets to Lin Rui, all of whom can be said to be very good talents.

But Lin Rui has great expectations for the company's chief financial officer, or the company's chief financial officer CFO, and the standards in his heart are also very high.Although those people are excellent, they are still a little bit worse.

So far, only Zhao Yan's resume has caught his eye, which is more in line with his requirements for the company's CFO.

However, it is very difficult to poach this talent. Although there are headhunters in the middle, it is still unclear whether Weiyang Technology's current strength and scale can attract him to join.

Such a talent is actually not worried about leaving home, and many companies will throw olive branches to him.However, after experiencing the previous company, he will be more cautious and carefully select companies that meet his own philosophy and conditions.

Even if Weiyang Technology can cooperate with the other party in this respect, if they want to recruit people, it will not be possible in a short time.

This time may take a month or even two months, let him see the rising momentum and potential of Weiyang Technology, and then decide to join this fast-moving train.

However, the headhunter also gave some suggestions. This kind of high-end talent is just a financial director, and the weight is not enough.

If the position of vice president is added, the confidence will be even greater.

CFO and Vice President of Weiyang Technology, this title and position will be more attractive.

Lin Rui felt that what the headhunter said had some truth to it. Weiyang Technology has not yet set up a vice president, and he is the only CEO with great power.

The position of chief financial officer and vice president is placed in the current Weiyang Technology. From the perspective of position, it is definitely the highest level of management besides him.

The second person in the name of the company, this position is high enough!

Moreover, after Zhao Yan came in, compared with the salary of other directors, it would definitely be several levels higher, and there would be several times the gap.

We are all directors, although we know that you are talented, you earned more in the past.But he is so much higher than other directors, although he doesn't say it, it is inevitable that he is a little bit concerned.

But if the position is vice president, it's different.The position and the director are separated, even if the salary is several times higher than yours, you have nothing to say.

Lin Rui considered it again and again, and finally agreed to the headhunter's proposal, and offered Zhao Yan the position of chief financial officer and vice president of Weiyang Technology.

It depends on how he chooses!

Lin Rui is patient with real talents.

After communicating with the headhunter and dealing with the work at hand, Lin Rui called people over again and planned to have a small meeting.

Seeing the arrival of all the staff, Lin Rui cleared his throat and said, "Tomorrow is No. 15. The page game Fighting the Sky we developed, and the page game platform Zhongyou, are about to start public testing."

"The tone has been set, and I will emphasize it again today."

"Tomorrow's public beta, the data is not the most important, everything is testing. Test the battle to break the sky, find bugs; test the web game platform, find loopholes, run operators, and quickly accumulate experience in web game operations."

"During the public beta, we will not spend money to open the way and give too many publicity resources. Of course, Weiyang Weibo will attract a certain amount of traffic."

Speaking of this, he turned his head and asked: "Director Zhang, how is the coordination with the starting point? Is 50 enough? How is the author's preparation?"

Zhang Hui, the person in charge of the page game platform, replied: "Mr. Lin, don't worry, the coordination has been made. 50 yuan, I will make a month's cover recommendation on the homepage of Xuanhuan and Xianxiashou."

"After all, we made an agreement when we bought the copyright. They are also half-selling and half-giving promotional resources this time. If they achieve results, they will have a good face, and the copyright will be more valuable. They cooperate very actively."

"The author has already communicated with him, and he will also cooperate with us in our publicity work."

Lin Rui nodded and said: "Okay, let's prepare these resources first, and do the rest of the preparation work well, don't lose the chain tomorrow."

Everyone nodded in agreement.

(End of this chapter)