Time flies by very quickly. In the blink of an eye, more than a month has passed and we have entered the year 2016. During this period, life has been very peaceful.
Andy successfully found his younger brother Xiao Ming; Qiu Yingying quickly adapted to her current job, showed great potential in e-commerce, and worked smoothly in the new company; Guan Juer finally became a full-time employee and finally saw the light of day; Qu Xiaoxiao went through this
After a long period of hard work, she finally adapted to the position of the boss and did well. Fan Shengmei was not only tight on money, but also had a mess at home. She learned flower arranging and pottery, and lived more and more like a noble lady. Her temperament
All raised.
As for Li Mu, he will focus more on the company.
As of yesterday, the total number of daily Toutiao users exceeded 100 million, and daily active users exceeded 60 million, making it the most dynamic comprehensive media platform in China.
At this time, Yuandian Technology was like a cone in a bag and could no longer hide it, attracting the attention and attention of major domestic Internet giants.
Many people began to analyze the reasons for the rapid rise of Toutiao and its high user retention and activity.
Li Mu knows that Yuandian Technology will be number one in the domestic Internet circle from now on, and it is no longer possible to keep a low profile.
Daily Toutiao has developed silently for such a long time and has laid a solid foundation. Now it is time to explode, promote quickly, and seize the market.
Otherwise, after the major giants imitate and learn, the competition will become even more fierce.
On the other hand, the initial version of Douyin has been developed and is currently undergoing internal testing and will be officially released within a month.
Whether it is promoting daily headlines or publishing Douyin, a large amount of funds are needed to build the foundation.
During this period, many venture capital investors have contacted Li Mu, and their valuation of Origin Technology has reached a maximum of US$700 million.
Unfortunately, the valuation gap with Li Mu's heart is too big.
The true potential of Yuandian Technology has not yet exploded. At present, there is only one daily headline with a user count of just over 100 million, which does not reflect its due value.
Not to mention that with such a large Internet user base in China, it will not be a problem for Daily Toutiao to double its user base in the next year. Let’s talk about how high the value of Douyin, which has not yet been released, will be in the future.
These cannot be reflected in the valuation. After all, others cannot predict the future trend like him.
Li Mu has not agreed to start the A round of financing now.
According to the current valuation offered by venture capital, it would cost two to three billion US dollars to acquire 30 to 40% of the shares of Origin Technology. It is really a beautiful idea.
Fortunately, Li Mu had a backup plan. Last year, he used 500 million yuan in principal at CEFC Securities and doubled the leverage, totaling 1.5 billion yuan, to go long on Moutai, Ping An and real estate stocks.
During this period of time, these stocks have enjoyed a gratifying rise, allowing Li Mu to make a lot of money. The total market value of the stocks he holds now has exceeded 3.3 billion, and the book surplus has exceeded 1.8 billion.
Li Mu knew that these stocks would continue to grow rapidly, especially Moutai, and the market value could double several times in the future, so he decided to stop.
For him, Origin Technology is more important.
As long as you have sufficient funds in hand, not only will you not need to sell equity at a low price to raise funds, but you will also have the confidence to bargain with venture capital institutions in the future.
I dedicated a few days to clearing out the stocks in CEFC Securities. Unexpectedly, but also reasonable, CEFC Securities was also interested in Origin Technology and wanted a ticket for future A-round financing.
CEFC Securities also has venture capital business and has invested in many domestic start-up companies in recent years. Thinking about CEFC's influence and available resources, Li Mu readily agreed.
As long as the conditions are in place, there is nothing wrong with having another capital enter the market.
After spending one day at Huaxin Securities, I returned one billion in leveraged funds and paid over 50 million in interest, and the matter was finally over.
This time I did a long operation and the net profit was as high as 1.78 billion.
Coupled with the principal of 500 million, Li Mu has 2.28 billion in discretionary funds on hand.
He left 280 million as pocket money and capital reserves, and Li Mu injected all the remaining 2 billion into Origin Technology.
With the injection of such a large amount of capital, Origin Technology, which is growing rapidly, is like a baby waiting to be fed. It suddenly has sufficient nutrients to develop and begin to thrive.
…
On this day, Li Mu visited a nearby building that had just been built. It had more than thirty floors in total and was of good quality. He rented ten more floors at once, covering an area of more than 20,000 square meters.
After the renovation is completed, combined with the company's original office area, it can accommodate more than 8,000 people working together at the same time, making hardware preparations for the company's subsequent large-scale expansion.
The Human Resources Department is also busy again. While connecting with major headhunting companies to find high-end talents, it is also conducting offline job fairs to select talents suitable for the company.
The entire Origin Technology was like a rising sun, full of vitality and arousing considerable attention.
Li Mu was also very busy during this period. Fortunately, he knew how to separate life and work and did not put so much burden on himself, otherwise he would have to live in the company every day.
When I am not busy, in addition to communicating and studying with Michelle and Fan Shengmei, I also often give Qu Xiaoxiao foreign language lessons.
Qu Xiaoxiao has also been very busy since she took the position of the company boss. This is not her new company with two or three big cats and kittens in the original drama. It only took over the agency business of GI air conditioners. This is the head office.
It is one of the most powerful subsidiaries, and its various businesses are extremely complex.
In order to compete with her prodigal brother, Qu Xiaoxiao worked hard during this period. Besides working, her only time to relax was to learn foreign languages from Li Mu.
Fan Shengmei, on the other hand, has been looking worried in the past few days, as if she has something on her mind. However, Li Mu has been too busy with work these days, and she has been hiding it well, so she has never noticed it.
At noon that day, Fan Shengmei received a call from home again.
Fan's mother said with a tearful voice: "Xiao Mei, what do you think I should do? I gave them the money you just remitted to us, your father's pension for this month, and the money he saved from daily life.
It’s not enough, I have to move things.”
"I tried hard to persuade them to wait. Xiaomei, what do you think we should do?"
Fan Shengmei was also under great pressure at this time. A few days ago, her bastard brother had a conflict with someone and injured him. Not only did he lose his job, the injured family members also asked them to pay a large sum of money.
Her father has retired and her mother is a housewife, who asks her to send her living expenses home every month. Under her introduction, her brother works as a security guard to make ends meet. He cannot even support his sister-in-law and nephew. He often goes to his parents' house to play in the autumn breeze. He lives at her brother's house.
She has always been responsible for the house and mortgage.
How could such a quagmire family, which had no savings of its own and relied entirely on Fan Shengmei's blood transfusions, afford such a large sum of money?
As the mainstay of the family, all the pressure fell on Fan Shengmei.
However, Fan Shengmei has been sucked by her family endlessly over the years. She has no savings at all and is equally poor. How can she have any money to compensate her.
My eyes were red for a moment, and I could only say aggrievedly: "Mom, I only have this salary, and I just paid the next quarter's rent two days ago. After sending you living expenses, and paying the mortgage for my brother's house, how can I
I still have money! I only have a little living expenses left on hand now, so I can’t even eat if I send it back to you.”
Fan's mother cried and cried: "Xiao Mei! There is nothing we can do. They are waiting at home and they won't leave until they give me money! They said they still have to move things."
Fan Shengmei said angrily: "Mom, don't you have the key to my brother's house? You wanted to move things to my brother's house, but it was my brother who caused trouble, not you two."
Fan's mother cried: "No way! Xiaomei, no way! If you let these people evacuate your brother's house, your sister-in-law will get divorced, and Lei Lei will have no mother. No, no... Xiaomei,
I still need to rely on you."
Fan Shengmei said helplessly: "Mom, I really have no choice. I only have that little salary for one month..."
Mother Fan interrupted: "Xiao Mei! You can't just ignore it. Go and discuss with the landlord if you can get the rent back. You can live in the company dormitory for two months!"
"Xiao Mei, your brother is incompetent and got into trouble again. The whole family is counting on you."
Fan Shengmei was extremely wronged. Her brother got into trouble, but he always asked her to wipe his butt. But facing Fan's mother, who was crying, she was full of grievances but had nowhere to express her grievances.
"Mom, the rent has been paid. How can I get it back? Don't my sister-in-law and brother have some savings? Let them use it first to deal with emergencies. Even if it is not enough, there will be a buffer time."
Fan's mother said: "Xiaomei, it's no good. Your brother has not been released from inside. Your sister-in-law heard someone coming to ask for money, so she ran to her parents' house this morning. She just called me and asked me to pick up the phone.
Lei Lei, she doesn’t even care about Lei Lei anymore, this matter now only depends on you, Xiaomei.”
Fan Shengmei's eyes were red and she said: "Mom, I don't have any money either, what do you want me to do?"
Mother Fan said: "You work in a big company, and you must know many rich colleagues. You can borrow money from them! Xiaomei, our family can only rely on you now, you can't let go of this dignity!"
After listening to Fan's mother's words, Fan Shengmei's already bruised heart became colder and colder. She smiled bitterly, isn't this always the case at home? She's used to it.
"Mom, don't worry. I'll call my sister-in-law and ask her to go home. We can't leave everything to you and you two."
After hanging up the phone, Fan Shengmei looked out the window at the bustling metropolis, her mind went blank. She was sad and sad, and wanted to let go, but she couldn't bear it, and she couldn't bear it.
She could imagine that Fan's mother would be apologizing to the visitor with snot and tears. It was not easy to greet someone's family member who was injured by her brother and was hospitalized! And her father must be sitting in the corner of the room with his head down and smoking.
Say nothing.
This is the norm at home.
Thinking of this, she hurriedly called her sister-in-law again. It rang for a long time before she was answered.
"Sister-in-law, those people have gone to my parents' house. My parents have already given them a sum of compensation, and they can't take it out anymore. You should have some savings, so you can get some together first and send them away..."