Open business day-to-day

Chapter 359 Investing
Lin Rui thought for a long time, and finally made up his mind.Afterwards, the company's executives were called to discuss together. Although everyone was surprised by this proposal, no one objected, but they all agreed.

For an Internet company, the importance of technology goes without saying, and Silicon Valley is the leader and technology center of the global IT industry.

Any ambitious Internet company that is committed to growing will never let go of Silicon Valley, a gathering place for global IT talents.

Weiyang Technology has just been established for more than a year, and it has grown to its current scale. Needless to say, the company's future ambitions, Silicon Valley is an inevitable place to enter in the future.

Since they will go there sooner or later, it is not bad to establish a research and development center first.

This matter was finally handed over to Vice President Xu Zhe.

Xu Zhe once studied at Harvard and worked for several years in McKinsey, the world's number one management consulting company.

Of course, it is impossible for him to go alone. There are more than 2000 employees in the company, and there are not a few of them who have overseas study and work experience.The company will select some people from the finance, personnel, and technology departments as the base team for the establishment of the Silicon Valley R&D Center.

At the same time, the company's management will also send a few people to accompany Xu Zhe to the United States to establish a Silicon Valley R&D center. After all preparations are completed, leaving one or two managers behind, Xu Zhe will continue to work when he returns to Weiyang Technology.

The technicians and most of the management of the R&D center will be recruited in Silicon Valley, after all, there are the richest and top talent resources in the IT industry in the world.

As a gathering place for IT talents all over the world, even the glittering Tsinghua graduates in China, if they don't have extremely high talents, are actually very ordinary there, and it's hard to get ahead.

As long as you are willing, all kinds of top talents can be found here.

This time, the purpose of Weiyang Technology's establishment of the Silicon Valley R&D Center is to develop its own cloud computing system, and the R&D center of the BJ branch is mutually exclusive.

The research and development center in Silicon Valley is at the forefront of the world's technology, and there are all kinds of top talents, so technology is not a problem.

Imperial City has gathered top domestic talents, and its R&D center is not bad. Moreover, it is more familiar with the Chinese market, and it is easier to localize the cloud computing system, which is conducive to domestic promotion and development.

The two R&D centers will work together, and Lin Rui believes that he will see a satisfactory result.

Two days later, Lin Rui drove the car himself, and together with the company's executives, took Xu Zhe and others to the airport, and the establishment of an overseas research and development center came to an end.

Then another incident came out. The company finally reached an agreement with Meituan and Sequoia on the investment issue. Weiyang Technology invested 5000 million US dollars to lead the investment, and Sequoia Capital invested 1000 million US dollars to follow the investment.

The two institutions invested 6000 million, occupying 30.00% of the shares of Meituan. The pre-investment valuation of Meituan was 4000 million US dollars, and the post-investment valuation was [-] million US dollars.

Among them, Weiyang Technology invested 5000 million US dollars and accounted for 20.00% of the shares, becoming the third largest shareholder of Meituan.

As for the largest shareholder, of course, it is Wang Xing, the founder of Meituan. He has just gone through two rounds of financing. Although it has been diluted a lot, his shareholding ratio in the company is still relatively high.

The second largest shareholder is Sequoia Capital. As an investor in Meituan’s A round, they currently hold 30.00% of Meituan’s shares.

However, this is only temporary. With the development of Meituan, continuous financing is needed, and the current shares will continue to be diluted. It is hard to say who will be the largest shareholder in the future.

Weiyang Technology’s investment this time not only obtained shares, but also Weiyin Payment will also be connected to Meituan, and also won the right to lead the next round of Meituan’s investment, and the shareholding ratio will be further increased.

On July 6000th, Meituan held a special press conference, announcing that the company had completed the B round of financing of [-] million US dollars, of which Weiyang Technology was the lead investor, which attracted a lot of attention.

Although Weiyang Technology has continuously invested in start-up companies during this period of time, and has become famous and eye-catching in the venture capital circle, the amount of investment each time is not exaggerated, and most of them are only tens of millions.

This time, it directly invested 5000 million U.S. dollars in Meituan, which is equivalent to more than 3 million yuan. This is the first time that such a large amount of money has been made.

Last month, Weiyang Technology sent 3000 million yuan in red envelopes, and this time it was another 5000 million US dollars. While everyone was feeling emotional, they also realized the strength of Weiyang Technology more and more.

Nowadays, in the minds of many netizens, there is not much difference between Weiyang Technology and those established Internet companies.

But Lin Rui knew that there was still a big gap between the two.

……

Another two days passed, and the final exam that started last month was finally over.

Under the astonished eyes of the students, Lin Rui's grades in various subjects not only did not fall behind, but were extremely impressive. If he hadn't been absent from class every day, he would definitely be able to get a first-class scholarship.

While the students were shocked by this, they were already a little numb. They had to admit that Lin Rui was much better than them.

Especially in the past few semesters, Lin Rui went to school while starting a business. Needless to say, his achievements in entrepreneurship are obvious to all, and there is no second kind in the country.

The academic performance is also extremely excellent, and it is getting better and better. You must know that it is common for this person to miss classes, and the grades in professional courses are almost normal, but you are so good at studying.

Lin Rui didn't feel much about this. He had already finished all the professional courses by himself through dedicated time, and it was normal for him to get good grades.

I heard that the school is now applying for him as a provincial three-best student and a national top ten college student before he graduates.

And it went very smoothly!

Soon, he will be crowned as one of the three best students in the province and the top ten college students in the country, and it feels good to think about it.

Now that the junior year is over, the next semester will be the senior year, and I will officially graduate and leave the campus a year later, and I still have some nostalgia in my heart.

Lin Rui turned on Weibo boredly at home and looked at it. His Weibo fans had already reached 800 million, and the dense messages and posts made people dazzled.

Most of it is still the enthusiasm brought about by investing in Meituan two days ago. Many messages are "Mr.

There are still many entrepreneurs who privately believed in him to invest, but Lin Rui just flipped through it at will and didn't care.

Start-up companies that really intend to raise funds need to submit a formal financing plan to Weiyang Technology and pass the company's review.

What's the matter with private messaging him directly!

After cleaning up the messy information, Lin Rui thought about it and posted a Weibo.

"The exam is over, and the junior year is also over!
Thinking about graduating from university in one year, I kind of miss the old days in school! "

Then bring the transcript of the exam below and click Publish.

As soon as this Weibo was posted, many users who followed Lin Rui posted it immediately.

Seeing the content, everyone thought of Lin Rui's identity as the CEO of Weiyang Technology, and then thought of his identity as a junior student. No matter how the comparison was made, it was inconsistent.

Everyone is still skipping class and playing games, you are already a business boss and a winner in life.

My heart is sour, but I have to admire it.

Looking at the report card at the back, I want to shout "Fuck".

Didn't the news reports say that you are busy with work, don't have enough time, and often miss classes?
Even with such good grades, if it wasn't for skipping too many classes, the scholarship would have been lost.

Isn't starting a business busy?
You can still find time to study and look at two other typical entrepreneurs during college, Bill Gates and Zuckerberg.

Both of these two started their own businesses in college, and then they couldn't balance their studies and careers, and both dropped out during college.

You actually start a business while studying, your career is developing so well, and your studies are so good.It's so sour that I don't know how sour, I can only admire it!
After Lin Rui posted Weibo, he stopped caring, picked up the book and read it again.

After more than an hour, he was a little tired from reading. Lin Rui opened his notebook again, and the numerous likes, comments, and retweets on the Weibo that he just posted had already made him numb.

Logged in to other news websites and checked. The Weibo he posted just now has become news. Many websites have reported it, and it is still quite popular, attracting many people's attention.

His status as a junior student has once again attracted the attention of many people. Although he has known it for a long time, it really feels out of harmony to think that he, as the boss of such a large technology company, has just taken the final exam and posted his transcript. , very novel and interesting.

In particular, many people also paid attention to another point, Lin Rui's report card, all subjects were exceptionally excellent.As a very successful entrepreneur, it is very rare to maintain such excellent results while busy with his career.

These days there is an ethos in China where money is paramount, and there is also an argument that studying is useless, saying that those who graduated from college earn less money than those who graduated from elementary school.

So-and-so started a company after graduating from elementary school and junior high school, and now a group of college students are working for him.

Although this kind of argument seems silly and naive, normal people may think that no one will believe it, but sometimes it does have a market.

So Lin Rui himself and his report card were immediately presented by many people to refute those low-minded remarks.

It is nothing more than the fact that someone is so successful, their career is so big, and they are so busy at work, but they still haven't given up their studies, which shows the importance of knowledge and learning.

Then he argued from the negative side that it was Lin Rui's serious and serious learning attitude that made his business so successful and his career so big.

Many self-media have also started to catch the heat, adding fuel and vinegar and starting to report.

This matter was heated up on the Internet, and Lin Rui's name was mentioned by countless people again, and he was used to it.

After checking the news for a while, seeing so many people praising him in different ways, he felt nothing in his heart, and continued to read.

On the other hand, Lin Rui opened Weibo the next day, looked at the dense information prompts, and found that the number of Weibo fans skyrocketed by 200 million overnight.Now he has more than 2000 million fans on Weibo, and they are all relatively active fans.

Lin Rui smiled faintly, closed the webpage, and started working.

What he is looking at now is an investment report, and the financing party is a start-up company in Shanghai. Are you hungry?

At the beginning of this year, Weiyang Technology invested 500 million in this start-up company, accounting for 30.00% of the shares. After a few months, the 500 million invested has almost been burned, so the other party started to start the B round of financing.

Since there was an agreement in the A round of financing, Weiyang Technology had the right to lead the investment in the B round of financing, so this round of financing Weiyang Technology is still the main investor.

Zhao Yan's eloquence and ability are obvious to all, and it's the same this time, with so many user resources on Weiyang Weibo and Weiyin Payment, Ele.me needs them all.

In addition, Lin Rui and he are both optimistic about the future of this industry. Ele.me has indeed developed rapidly during this period, its scale has expanded a lot, and its valuation has also been given a lot of generosity.

From the valuation of 5000 million at the beginning of the year, this time it was directly given to 2000 million, which is more than six times.

Seeing the attitude and sincerity of Weiyang Technology, Ele.me thought for a while, and agreed to Weiyang Technology as the exclusive investor of the b round.

In the end, Weiyang Technology invested 8000 million in Ele.me, accounting for 20.00% of the shares[-].

At the same time, the 30.00% of the shares acquired in round a were diluted by a quarter proportionally, leaving the remaining 20.00% at [-].

After the two rounds of financing, Weiyang Technology has actually held 40.00% of [-]% of the shares of "Ele.me", surpassing the founder and becoming the largest shareholder.

Moreover, the right to lead the next round of investment still belongs to Weiyang Technology, and the rights and interests of Weiyang Technology are also guaranteed in the contract.

Unless Weiyang Technology does not intend to continue investing, Weiyang Technology will still take the initiative in the next round of financing.

Regarding this, Lin Rui feels a bit bullying, but capital seems to be like this. There are not so many emotions to talk about, and interests are eternal.

The main reason for this, according to Lin Rui’s analysis, is that Ele.me’s founder team is all college students starting their own business, and they don’t have much work and financing experience.

This is incomparable with Wang Xing, a veteran entrepreneur.

People's control over the company and the shareholding ratio of each investor are strictly controlled, and mutual checks and balances are also played very smoothly. It is impossible for a single company to dominate.

Just like the financing a few days ago, even if Weiyang Technology is not the lead investor of Meituan, Sequoia Capital still cannot be the lead investor and can only follow the investment.

Meituan will still look for another institution to serve as the lead investor to balance Sequoia Capital.After all, as the exclusive investor of Meituan's A round, if it leads the B round, Sequoia's shareholding will be too large, and it will form a dominance situation, and even sway the founder.

It didn't take long for Lin Rui to understand this truth.As a student who has not yet graduated, his previous entrepreneurial and work experience is actually not as good as the founder team of Ele.me.

Fortunately, he was willing to spend money and invited many business elites with rich experience in the workplace to work for him, so that he could familiarize himself with and master these things calmly, so as not to fall into a pit.

Then he flipped through another document, which was a travel company in Fu**shan City, and he specifically ordered the company to do due diligence.

Although the scale of this travel company is good and its development momentum seems to be okay, no matter how you look at it, it is not within the investment scope of Weiyang Technology.

Moreover, there are too many shareholders, and without a significant controlling shareholder, it is hard to say what the future will be like.

But sometimes some investments don't need to look at the rate of return, but other aspects, such as Lin Rui's personal thoughts.

Su Hongxiu's father is the vice president of this travel company.

(End of this chapter)