My Return to Life

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The fragrance in the South Pavilion on the 93rd floor of Park Hyatt is slightly different from that in the morning, and it is said to have a refreshing effect.

But these are not the same as the two words that the previous year suddenly and kindly said.

After the words fell, only Fang Nian lowered his eyes again in the whole room, drinking tea slowly.

Even Guan Qiuhe changed her posture a little, making her legs overlap more gracefully.

The complexions of five middle-aged men including Liu Qin changed.

Their thoughts were suddenly interrupted, and they had to re-plan, and no one spoke immediately.

In the end, Liu Qin broke the quiet atmosphere: "I think Fang always has other conditions."

With that said, Liu Qin looked towards Fang Nian.

Others also looked at Fang Nian, who just happened to be sitting in the middle position.

Under the gaze of everyone, Fang Nian put down the tea cup unhurriedly and smiled: "It's not a complicated condition."

After a short pause, Fang Nian said calmly: "It has only been a year and two months since Dangkang was still greedy for fun. I don't want Dangkang to become a short-lived ghost enterprise;

As Mr. Kwong said, Dangkang Games has ample cash flow, and it is far from enough to start the B round of financing;

But the Goose Factory game led by President Ren is too powerful. Dangkang Games must spend a lot of thought and money to fight for some future possibilities. "

As a writer, Fang Nian naturally has the ability to tell stories.

If he wants to, he can even polish it slowly in advance, so that when he verbally expresses it, it's quite fascinating.

Fang Nian doesn't mind using what he is good at.

"As early as the end of last month, Mr. Liu and I exchanged opinions on the phone. At that time, I thought Dangkang was worth 10 billion and was willing to raise funds at a valuation of 10 billion;

After entering this month, capital, especially everyone here, has stronger confidence in Dangkang's profitability, with a conservative estimate of 12 billion;

In theory, Dangkang games should not be actively sold at a low price. "

Having said that, Fang Nian looked at a few investors and said calmly: "Financing at a valuation of 10 billion yuan is a kind of sincerity on the one hand;

On the other hand, I also want to make a gambling agreement with you all. "

The tone of Fang Nian's narration made everyone willing to listen, and no one interrupted.

"Dangkang Games will start the C round of financing around January 10, 2011, and then take out 10% of the shares. The valuation is calculated on the basis of 9 times the 2010 annual revenue. The investment institutions participating in the B round of financing Fully subscribe!"

When Fang Nian said this, all of you were moved, but none of them said anything.

They know that the gambling agreement cannot be that simple.

Fang Nian did not disappoint everyone, and continued.

"As of December 31, 2010, Dangkang Games ensured that the number of registered users on the game platform reached 200 million;

Ensure that R&D expenditures meet the standards of high-tech enterprises;

Ensure that the annual revenue of 2010 is more than 6 billion. "

"..."

After Fang Nian finished speaking, he noticed that the corners of Guan Qiuhe's mouth moved slightly, and his face changed.

I smiled slightly in my heart: ‘I didn’t expect I would have this trick to cut first and then play it! ’

Fang Nian said vaguely about the conditions of the gambling agreement when he communicated with Guan Qiuhe yesterday.

Now that I said, Guan Qiuhe was blinded.

This made Liu Qin and the others realize that this was mostly Fang Nian's real temporary decision.

The mind is more active.

Zhang Sijian was the first to express his opinion: "I'm really sorry, I need to exchange views with the upper level."

Then Ren Yuxin.

Then Zhu Yue.

Liu Qin and Kwong Ping did not move, they both have the right to make decisions independently.

However, the investment institutions they represent are not as large as the three who go out and make calls.

Fang Nian's meaning is very clear. If Dangkang meets these conditions, the valuation must be calculated in accordance with the P/S method, which is up to 9 times.

This is an exaggeration for a company whose original valuation was over RMB 10 billion.

Based on Fang Nian’s promised 6 billion revenue, Dangkang’s valuation at the beginning of next year will become 54 billion.

10% of the shares require various institutions to invest 5.4 billion yuan in cash.

You must know that Lei Jun, who specializes in capital operations, only obtained about 5 billion yuan in financing in Xiaomi's F round of financing.

After the F round, Xiaomi began preparing for the listing.

In other words, Fang Nian’s gambling agreement is intended to start the Dangkang listing process in collaboration with everyone after the C round of financing is completed in 2011.

And Fang Nian's three conditions are not casual.

The 200 million registered users means that the Dangkang game platform will have to continue to have huge gimmicks in the second half of the year.

Compliance with high-tech enterprise standards means huge R&D expenditures, and there will be enough game products to be launched.

And this condition implies a preferential content enjoyed by high-tech enterprises: 10% corporate income tax discount.

It is almost equivalent to 10% more net interest rate.

Combining the second and third conditions, Fang Nian is expressing to the capital that Dangkang has sufficient confidence in profitability.

This is more convincing than just telling stories.

Fang Nian is telling Liu Qin present about the goal and confidence of Dangkang Game.

They are also telling Liu Qin that the return on investment is extremely impressive.

As for the failure to meet the conditions, the gambling agreement will naturally not take effect, and Dangkang is simply losing money.

If the conditions are met, Dangkang Games will grow into a game giant without hindrance, the kind that cannot be blown down by the wind.

Strictly speaking, this is a gamble after Fang Nian used a few words to persuade Guan Qiuhe.

Losing has little effect on the Dangkang game.

Needless to say if you won.

…………

In the South Pavilion, Guan Qiuhe and Fang Nian had a chat with Liu Qin and Kuang Ping.

Everyone is very regular and doesn't talk about business.

Even if they have their own minds, there is no need to be so ugly.

Fang Nian didn't think about this discussion, and his mind flew to Java.

I thought for a while that I could finish the exam next Thursday afternoon, and then I thought that Friday I’m afraid I will have to talk to Huang Xiujie and Lei Jun for a long time;

Then I thought about how Xiaomi’s Series A financing should do well;

Finally, I also wonder if the rich man Robin sleeps well, whether his meal is good or not, do you think 91

Before I knew it, I finished my cup of tea.

Just as Ren Yuxin took the lead, all three returned to Nange.

After procrastination for a long time, the formal discussion will begin.

However, at the beginning, Zhu Yue was helpless and said.

"We Goldman Sachs withdrew from this round of financing of Dangkang Games."

Speaking and looking at Fang Nian, he was full of regrets: "It is a pity that I cannot reach cooperation with Fang Zong;

From my personal point of view, I agree with Mr. Fang’s gambling agreement. The conditions are very generous and Mr. Fang is very frank;

Not only did I see Fang's sincerity, but also the courage and ambition of Dangkang Games. "

After a short pause, Zhu Yue said at last: "I wish Dangkang Games develop smoothly and have the opportunity to cooperate again."

Fang Nian was not surprised, with a smile on his face and a calm tone: "Thank you, Mr. Zhu, for being so optimistic about our Dangkang Games. It is a pity that the deal cannot be concluded."

Then Fang Nian showed a little bit of interest: "I believe there are still opportunities to cooperate with President Zhu in the future."

"Haha~" Zhu Yue laughed, "I look forward to the next cooperation."

Of course he knew what Fang Nian was referring to.

Fang Nian is not only the founder of Dangkang, he also has an angel investment company in his hands. The performance of just a few months has attracted the attention of the industry.

Maybe someday we will cooperate on other projects.

After a few greetings, Zhu Yue left the scene first.

The atmosphere in the house is still the same.

Ren Yuxin, as the president of Goose Factory Games, the biggest competitor of Dangkang Games, had never seen anything before, so he spoke closely.

"Let me say a few words first. As the only Goose Factory game president who has a competitive relationship with Dangkang Games, I am personally very optimistic about the future of Dangkang Games;

As far as games are concerned, there is no such thing as free payment. TGP is basically free. Dangkang game platform is a hybrid. I personally also like the system established by Dangkang Games.

At this stage, Dangkang Games’ Series B financing, I think the valuation of 130 or 150 is within the acceptable range. "

At this point, Ren Yuxin paused.

Everyone is waiting for his ‘but’.

Facing a few beams of eyes, Ren Yuxin suddenly said concisely: "I just passed the general ditch directly with Maple Lima. Our goose factory fully agrees with the gambling agreement proposed by General Manager Fang and is willing to participate in Dangkang Games' Series B financing.

Fang Nian was slightly stunned after Ren Yuxin's words fell.

Guan Qiuhe raised his brows directly.

The complexion of Liu Qin and others changed slightly.

only……

Before Ren Yuxin finished speaking, he then added honestly: "Because I promised Mr. Ma that no matter how the Dangkang game develops, in the remaining six and a half months, it will not be able to complete an increase of 4 billion. Revenue target!"

Speaking of this, Ren Yuxin looked towards Fang Nian and apologized: "President Fang, I'm really sorry, no matter whether the transaction is concluded today, Goose Factory Games will be more comprehensive for the Dangkang game platform."

Ren Yuxin is so frank.

At 35 years old, he is a young man who is also known as the king of games.

Ren Yuxin has his own pride.

Although TGP was launched after the successful experience of the Dangkang game platform, this does not mean that Ren Yuxin is incapable!

Ren Yuxin certainly knows that Fang Nian, who looks as tender as a high school student, is not easy.

Obviously he is even better than he was then or even now. After all, he went to college a little later, he joined the goose factory at the age of 25, and only started to exert himself after the age of 30.

But Ren Yuxin, who is backed by the goose factory, doesn't think he needs to be afraid!

Hearing this, Fang Nian smiled and said: "The market needs reasonable competition, so let's just wait and see."

I didn't add one more sentence, saying that my mind was no longer on Dangkang.

"..."

Ren Yuxin smiled slightly, did not say more, picked up the teacup and drank water by himself.

There was no silence in the room for long, and Liu Qin quickly spoke: "I also agree with Mr. Fang's gambling agreement;

I have dealt with Mr. Fang many times. From an objective point of view, Mr. Fang’s conditions impose more restrictions on Dangkang games;

If it is not reached, the B round of financing has picked up a big bargain. If it is reached, Dangkang Games has such a strong profitability, it is naturally worthy of higher value;

No matter how it counts, it is a transaction that makes a profit without losing money. "

After a pause, Liu Qin pushed his glasses and said earnestly: "I personally feel that Mr. Fang is full of sincerity, but he is actually abiding by the verbal agreement with me on the phone."

Morningside Capital was originally a shareholder of Dangkang Games, so it was expected that it would support Dangkang so quickly.

After all, except for Ren Yuxin, everyone is a pure investor.

After Liu Qin agreed to the oral gambling agreement, Kuang Ping quickly expressed his opinion.

"I also agree with Fang's agreement on gambling."

Speaking gently, he said, "Fang always has such sincerity and courage. I believe that Dangkang Games will bring unexpected gains to Qiming Venture Capital."

In fact, Kuang Ping still owes Fang Nian a little favor.

Perhaps it is a kind of reciprocity.

In the end, Zhang Sijian of Sequoia Capital remained silent.

In fact, relatively speaking, such a large organization is more stable in its behavior.

It is hard to say that they would be willing to engage in this form of betting agreement.

So at the beginning, Zhu Yue quickly stated his position and left ~www.ltnovel.com~ It is not surprising that everyone present, including Fang Nian.

Three investment institutions are willing to sign this gambling agreement, which is actually enough for Dangkang Games.

at least……

Fang Nian's original intention has been reached.

Seeing everyone looking at him, Zhang Sijian showed a smile: "I originally wanted to talk to Fang Zong;

But several people followed, I also got the authorization of President Shen, and Sequoia China is willing to sign this gambling agreement. "

After basically reaching a consensus, Fang Nian glanced at Liu Qin with a friendly smile.

"Now there is only one last thing left. Please discuss how much to vote in the B round. We will not participate in this matter."

======

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