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Chapter 336: Short of Money Again(1/2)

The cold spring weather in Shencheng came suddenly.

There was a light snowfall a few days ago, but today it's springtime again.

Even the temperature has warmed up, reaching over 10C.

Walking on the street, Fang Nian felt that there were suddenly more people walking around outside.

"It's great spring. If Lu Weiyu is here, you can go out for a walk."

As I said this, I thought a little of Lu Weiyu who was far away in Chang'an.

Although we didn't live together before, we didn't feel much like we were in Shanghai.

Now that people have gone to Chang'an, their thoughts and neglect will surge up.

While waiting at the traffic light, my cell phone rang.

I took it out and looked at the screen. It was Guan Qiuhe's number. I swiped the screen and answered the call.

Guan Qiuhe's voice came out: "Mr. Fang, the investment in Meituan has been negotiated, but it failed to meet your expectations, 1.5 million US dollars for 10% of the shares."

Then he added: "You can ask someone to pick up the investment contract, and you have to arrange the relevant funds yourself."

Fang Nian's lips curled up and he laughed: "Mr. Guan takes action and succeeds immediately."

"Stop bragging, it's basically your fault." Guan Qiuhe said nonchalantly.

Fang Nian said in confusion: "How do you say that?"

Guan Qiuhe laughed: "I still want to ask you, what's the situation, Lei Zhen's side!"

"Wang Xing had never thought about bringing a stranger to angel investment. Although he got to know him over and over again, his Meituan had no plans for external financing at all;

I thought it was going to be postponed to the A round, but he suddenly contacted me this morning, and the deal was settled in just a few words."

Fang Nian looked confused when he heard this: "What's going on?"

"Tell me first what you talked about with Lei Zhe yesterday afternoon?" Guan Qiuhe's tone was particularly curious.

Fang Nian simply said a few words: "... Just this little thing, haven't I told you all about it? I plan to use 2 million US dollars to exchange for 10% of Xiaomi's shares;

I just didn’t expect that Lei Zhen would definitely hire me as Xiaomi’s honorary strategic decision-making officer and give me 5% permanent shares.”

Guan Qiuhe asked: "What exactly did you discuss with Lei Zhe to make Lei Zhe give up 5% of the permanent shares."

"Lei Zhe talked to me about Xiaomi's development direction, and I said a few words." Fang Nian answered as simply as possible.

"It's nothing. It's just that the shareholding ratio is 5% more than expected."

Guan Qiuhe took a breath with a 'hiss~' sound: "Isn't it convenient for you to tell me the development direction you and Lei Zhe discussed?"

"He said he wanted to develop miui based on Android, and I asked him to develop a chat software. Later, he also said that he would simply develop a domestic smartphone system. There are so many domestic manufacturers, and you can build your own ecosystem. There is no need to pick up other people's stuff.

eat;

Then it was time to talk about investment. After the investment talk, I thought that since I had already made the system, I might as well make the mobile phone hardware, that’s all.”

Fang Nian's tone was very casual, with that enviable calmness.

Guan Qiuhe on the other end of the phone was stunned and blurted out: "Why don't you think so much about 'Greeting for Fun'?"

"The situation is different, isn't it the same now?" Fang Nian said casually.

Guan Qiuhe thought about it carefully and agreed: "That's right. Even the self-developed game was told to be made by Ice Frog, which is quite perfect."

Fang Nian thought for a while and said a few more words.

"I think Lei Zhe is more capable, so it might be more speculative to chat with him;

From system to application software to hardware, it happens to be a production chain that can be developed completely;

And now is the mobile era, making mobile phones has a better future than before. The whole world is developing smartphones, but our country is indifferent. This is a good opportunity."

Guan Qiuhe hummed in agreement, muttering subconsciously: "No wonder!"

This time it was Fang Nian's turn to be curious: "What's the wonder?"

"Lei Zhe didn't tell you?" Guan Qiuhe over there was a little surprised.

Then he said with an extremely serious tone: "First of all, what I want to say is that Mr. Fang is awesome. From now on, I will never doubt Mr. Fang's vision. You are always right!"

"At nine o'clock this morning, Xiaomi was officially valued at US$30 million. Based on your current shareholding ratio, the value of the shares has reached US$7.5 million."

Hearing this, Fang Nian blurted out: "Lei Zhen is looking for Liu Qin?"

"Don't you know?" Guan Qiuhe asked suspiciously.

Fang Young Man coughed: "I guess, Lei Zhen and Liu Qin have always had a good relationship."

Guan Qiuhe explained.

"Lei Zhe and Liu Qin didn't keep the specific matters secret. From last night to early this morning, Lei Zhen made a call to Liu Qin for more than ten hours;

In the end, Liu Qin's Morningside Capital decided to invest US$6 million based on a valuation of US$30 million, accounting for 20% of the shares.

Lei Zhe accepted the valuation but rejected the shareholding ratio. In the end, it was US$4.5 million in exchange for 15%.”

After a pause, Guan Qiuhe said again.

“Originally, Lei Zhen came to Shanghai to attract investment and partners, but now he only accepted two companies, Frontier Angel and Morningside Capital, and exchanged 35% of the shares for US$7.9 million in funds;

We declined other capital that we had negotiated with before."

“But except for the valuation of US$30 million, it’s all just hearsay.”

After hearing this, Fang Nian thought for a while: "So, Wang Xing is willing to accept investment from Frontier because of the repeated surges in Xiaomi's valuation?"

"That's about it. Wang Xing told me a few words, hoping to have the opportunity to meet you." Guan Qiuhe said.

Fang Nian couldn't help but smacked his lips: "It seems that I got a little bit of limelight in the investment circle by accident."

"The main thing is that Lei Zhen admires you so much." Guan Qiuhe clicked his tongue in surprise, "If I were Lei Zhen, I would also admire you."

"Every word you seriously say is worth a thousand pieces of gold."

After a pause, Guan Qiuhe sighed: "I don't dare to think about the future of Frontier now, the career you are doing with all your heart, tsk..."

Fang Nian smiled: "I wonder if Mr. Guan has ever heard of an idiom: talking on paper."

Guan Qiuhe chuckled and said, "I heard you coax ghosts!"

Then the conversation changed: "But that's okay. I just booked a flight to the United States at ten o'clock tonight. I secured Meituan's investment before leaving the country. I'm relieved."

Guan Qiuhe's trip to the United States has long been planned.

This time I went directly to Seattle to discuss multi-faceted cooperation matters with Mr. G from Valve.

Went with a big team.

I went there with many goals, but I didn’t expect to achieve them all.

Fang Nian said: "I wish Mr. Guan everything goes well."

"By the way, Liu Qin has contacted me." Before hanging up the phone, Guan Qiuhe added, "I hope Tan Fun Fun can contact them first when financing."

Fang Nian said it didn't matter: "As long as they are not the people behind the scenes last year."

"..."

After ending the call with Guan Qiuhe, Fang Nian asked Liu Xi to arrange the transfer.

Soon Liu Xi told Fang Nian that the money had been transferred out as needed, and currently there was only more than 7 million yuan left in the Frontier Angel account.

"Lack of money again."

After listening to Liu Xi's report in a weak voice on the phone, Fang Nian sighed inwardly.

…………

…………

Not far into the campus from the east gate, I happened to meet Li Zijing.

"Fang Nian, this way!"

Seeing Fang Nian, Li Zijing greeted him excitedly.

"I was just about to send you a message to call you."

Fang Nian understood immediately, said with a smile and his usual tone: "Are the preparations done?"

Li Zijing made an 'ok' gesture: "That's not good!"

"Look..."

"This is the information I have collected in the past two days...After comprehensive consideration, I think the rumored Chinese department is not advisable..."

Fang Nian agreed: "That's true."

"..."

"The School of Computer Science only has freshmen in the main department..."

"..."
To be continued...
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