When we walked out of Fudan, the sky was getting dark and it was already evening.

Fang Nian drove to the Bund.

Wen Ye, who was already very busy, was not allowed to be the driver.

Mainly because I don't need her.

When high-rise buildings such as the Oriental Pearl Tower light up their light strips, the Phaeton slowly stops.

Soon, Fang Nian walked into a certain restaurant with a wooden plaque hanging on it.

Under the guidance of the waiter, we went straight to the window booth on the second floor.

Seeing Fang Nian, Guan Qiuhe joked, "This is the first time I've seen you so positive."

Hearing this, Fang Nian beeped in his mind: "If you knew that tomorrow Lei Zhen would register Xiaomi in China, and the day after tomorrow Wang Xing would launch Meituan;

Especially Meituan, whose market value in the Hong Kong stock market exceeded 100 billion U.S. dollars in 2020, and once reached a market value of one trillion Hong Kong dollars, you will know why I am so active."

He said nonchalantly: "Time waits for no one. It would be a pity if we happened to miss the cold day lilies."

Guan Qiuhe smiled: "Okay, okay."

"Let's eat first," Fang Nian said.

"..."

During the meal, we chatted a few words casually.

Mainly because Guan Qiuhe was concerned about the situation of the Fudan Frontier Society.

Since being invited to work as a part-time businessperson at Frontier Company, Guan Qiuhe has become particularly concerned about the development of Frontier Company.

Naturally, Wen Ye would not hide it.

So Guan Qiuhe also knows what will happen in Fudan this afternoon.

Fang Nian only said: "Although on the surface the matter is left to Wen Mi, there are so many things involved, it is still a bit nerve-wracking. This is why I always want to be lazy."

"..."

When they were almost done eating, Guan Qiuhe put down his chopsticks first, wiped his mouth, looked at Fang Nian, and asked calmly.

"You mentioned the legal matters a few days ago. Do you have any suggestions?"

Fang Nian glanced at Guan Qiuhe, swallowed the food in his mouth, and asked puzzledly: "Didn't you propose the establishment of a legal department at the company's expansion meeting yesterday?"

"I just want to know if you have any better suggestions." Guan Qiuhe repeated.

Fang Nian's brows moved slightly and he reacted: "Are you afraid of being bitten by a snake again?"

Guan Qiuhe remained silent. The occurrence of such a major job encroachment in the finance department of "Tan Fun" naturally made her feel a little bit confused.

This time I met a genius like Liu Xi, what if I hadn’t?

If his hands and feet were faster, wouldn't Liu Xi notice it?

Seeing this, Fang Nian said calmly: "Multiple preparations, establishing a legal department is undoubtedly necessary;

If you are afraid of problems, you can find a way to invite a highly respected doctor of law or professor to serve as the company's honorary legal advisor;

On the other hand, establishing a cooperative relationship with a professional law firm, if this all goes wrong, then..."

Facing the serious look in Guan Qiuhe's eyes, Fang Nian said nonchalantly: "Just go and study law."

Before Guan Qiuhe could speak, Fang Nian suddenly sighed and changed the topic.

"I always like to be prepared with both hands, but I didn't expect that when it was my turn to start my career, I wouldn't be ready for this or that."

Guan Qiuhe didn't bother with Fang Nian's suggestion of studying law, and said with a smile: "Doing a career is just about crossing the river by feeling the stones. You have everything prepared. It's not called a career, it's called a job."

If we insist on going on, Frontier Company can be said to be a product that was established just last year.

But Frontier Company is just an empty shell. There is no problem in extending the framework on this empty shell.

The problem arose when Fang Nian suddenly thought about it and planned to rely on cutting-edge project research to obtain a third escape route, and then came up with the idea and action of investing in the future.

Unfortunately, this was also unfamiliar to Fang Nian.

And there wasn’t much preparation.

Especially the preparation of capital.

But then again, Fang Nian is currently making multiple preparations.

Cutting-edge projects have been planned as output channels, and new cutting-edge angel investments have been added, which is quite a lot...

…………

Guan Qiuhe took a sip of water and said calmly: "I thought carefully about the businesses you mentioned yesterday;

It would be easier to resolve this matter if Frontier Angel Investment takes over the shares invested by Greedy Fun."

"Just switch from left hand to right hand."

Fang Nian understood: "You mean to exchange it with my shares in Greed for Fun, right?"

"As long as you and I agree to this operation, it's not a problem." Guan Qiuhe said matter-of-factly.

Fang Nian thought for a while and asked again: "Then how do you ensure your profits?"

"Simple, we conduct transactions based on the purchase price and company assets at the time, convert the value of the investment shares into corresponding shares in equal proportions, and then convert them into the shares you need to transfer based on our respective share ratios."

Guan Qiuhe said a long series of words that seemed like tongue twisters.

Then he gave an exact number: "I calculated it using the simplest algorithm.

The company's assets are priced at 400 million, and the three investment shares are priced at 70 million, which is equal to 17.5% of the assets. Excluding your share, you can just sell me 7% of the shares."

As he spoke, Guan Qiuhe looked at Fang Nian and said casually: "But this method does not consider valuation and future value at all."

As a person with strong mathematical calculation ability, Fang Nian understood it in the blink of an eye and said it verbally.

"Again, how do you ensure your returns? According to current development and analysis, the value appreciation of these investment shares will far exceed the appreciation of the company's valuation."

According to the known situation in Fang Nian, two of the three investment shares currently valued at 70 million are counted:

The value of the shares of Mojang and Riot Games will increase from the current RMB 60 million to more than RMB 1.1 billion within a few years.

A full 18 times increase in value.

In fact, the most surprising thing is the 21% stake in South Korea's Eyedentity.

It will be worth approximately RMB 140 million immediately.

Because in the original history, Sunda acquired eyedentity for US$95 million in the second quarter of this year.

This is something Fang Nian remembered recently. When he stabbed his backhand last year, he did not expect such a gain.

In just over half a year, the value increased 14 times, which is very exciting.

Therefore, even if Greed for Fun can quickly become a company worth tens of billions of yuan in a few years, 7% of the shares will only be worth 700 million yuan, a difference of nearly 600 million yuan.

If Fang Nian didn't say this, he would have lost 600 million to Guan Qiuhe when he changed hands, and it wasn't a valuation, it was real money.

In other words, Guan Qiuhe Guan is always there

He took the initiative to sell himself and helped the buyer count the money.

It's proactive.

It's not like being sold and helping people count the money.

Seeing Fang Nian's serious look, Guan Qiuhe looked confused: "Something's not right."

"According to your plan for 'Greeting for Fun', the mid- to long-term value is 10 billion, and it has doubled tenfold in one turn. Do you still think I have no profit?"

Fang Nian was too lazy to dwell on this issue and said directly: "You personally invested 28 million to purchase 40% of the future income from these three shares."

Guan Qiuhe's eyelids twitched: "Why do I think you are doing charity?"

"Don't worry about this." Fang Nian waved his hand, "I'm too lazy to trick you, but I hope you can use your talents more and help Frontier Angel make money."

No matter how you calculate it, you will still lose some money every year.

Because the direction was given by Fang Nian, but the negotiation was conducted by Guan Qiuhe, and everyone had their own contribution.

Guan Qiuhe pondered briefly: "In this case, I will pay 28 million, and you will only transfer 4% of the shares to me."

"By the way, we will use a simple algorithm to introduce pre-A round investment from cutting-edge angels:

After excluding these assets, the price of "Gan Fun" was 372 million, and Frontier invested 28 million, accounting for 7% of the shares. Our shares were diluted in equal proportions.

After the investment was completed, the two of us used 10% of the total equity as an equity pool to attract A-round investment.

Through friendly negotiation, the valuation of "Tan Fun" is 550 million. You exchange 5.08% of the shares for the 28 million in financing, and the shares are put into the equity pool. You and I put a total of 4.92% of the shares into the equity pool."

While listening to Guan Qiuhe's words, Fang Nian mentally calculated the shares after the whole process was completed:

First, after pre-a, Fang Nian still has 52.08% of the shares, while Guan Qiuhe’s shares have become 40.92%.

And finally:

Fang Nian: 44%, Guan Qiuhe: 38.5%, Frontier Angel: 7%, equity pool: 10%;
To be continued...