My Return to Life

The fragrance of tea is overflowing in the quiet box.

Facing Lei Xi's straightforward approach, Fang Nian calmly replied, "Yes."

There was no unnecessary repetition, and the tone was calm and calm.

Looking at Fang Nian, Lei Xi leaned forward slightly: "I'm more curious, Fang always misunderstood me, and now I don't even have a company."

Fang Nian said with a half-smile, "Boss Lei already established a company in the Cayman Islands in January."

Lei Xi reacted immediately: "Boss Fang has done due diligence on me personally?"

Fang Nian said calmly: "I have no social experience, and being an angel investor is risky, so I finally came up with an unavoidable solution, going with a successful second-time entrepreneur and taking a ride."

Ray was noncommittal.

"But this simple road is not easy." Fang Nian sighed.

Rei still didn't make a sound.

Of course he knew what Fang Nian meant.

For example, Lei Xi is actually very down-to-earth, he really does not even have a company.

On the surface, he didn't even decide on the direction of starting a business.

But even in such a situation, he would accept whoever wanted to vote for him.

It is also the reason why Lei Xie wanted to meet Fang Nian mentioned by Guan Qiuhe.

It is one thing to be interested, but another to accept investment in the end.

In particular, Lei Xi himself is now an angel investor, and his network of contacts is very extensive. For example, Liu Qin, who was found out by checking the information in the previous life, the two have known each other for more than fifteen years.

People like Lei Xi who are not resistant to investment will do the same.

Not to mention other second-time entrepreneurs.

Only more proud.

Lei Xi didn't speak, and Fang Nian was not in a hurry, he picked up the teacup calmly and drank the tea slowly.

He said: "Actually, my first thought was to follow the direction of angel capital and only invest in acquaintances."

Turning the topic around, he suddenly said, "So, today I also want to take this opportunity to ask Mr. Lei for advice."

Lei Xi's eyelids twitched: "..."

In his heart, he wanted to call an expert directly.

Never expected that Fang Nian would do this at all.

Even Guan Qiuhe who knew about it was stunned for a moment, the topic changed a bit too suddenly.

"Mr. Fang is worthy of being a young man with unconstrained thinking." Lei Xi had to laugh.

Fang Nian's face was calm, and he said with a serious look: "Boss Lei's repeated investments in the past few years have basically proven successful;

Such as Lakala, UC, Vancl Eslite and so on. "

"The number of angel investors in China is too small. I was lazy and chose this industry, but after entering it, I found it was not so easy. I could only cross the river by feeling the stones."

"..."

Fang Nian's words can be regarded as "heartfelt" words with nine truths and one falsehood.

Fangnian had never done angel investment in his previous life, but his advantage is his experience in his previous life.

So, what is not so easy, cross the river by feeling the stones, just listen to it.

However, these words fell into Lei Xie's ears, and they seemed very real and frank and sincere.

First of all, Fang Nian mentioned his very successful projects of Lei Zhe in these years, which made people feel happy.

In addition, in the memory of last year, Lei Xie expressed his views in media interviews and public occasions several times:

The number of angel investors in China is too small, so many companies that may be outstanding are stillborn and unable to stand out.

So, at a certain moment, these thoughts inspired one of the most inescapable weaknesses of human beings: to be a teacher.

Looking at Fang Nian's eyes that were so clean that there was only curiosity for knowledge, Lei Xi picked up the teacup for the first time after Fang Nian and Guan Qiuhe arrived, and slowly finished a cup of tea.

After deliberating, he said, "I haven't been an angel investor for a long time, and my experience is far from rich."

"Up to now, I have only learned a few insignificant lessons. First of all, my most basic principle is to only vote for acquaintances.

In my opinion, angel investment initiated in Western countries is essentially a combination of members. "

Hearing what Lei Xi said, Fang Nian nodded in agreement.

Lei Xi can be regarded as the first angel investor in China who clearly stated that he only invests in acquaintances.

There is also an unverified story here.

Lei Zhe went on to say: "There are not many lessons learned, invest a small amount of money to hold small stocks, and borrow twice as much money at most;

If you want to do angel investment, you must not give up because of one or two failures. "

Hearing this, Fang Nian said with deep emotion: "Every word is a pearl, and I am taught."

Lei Xi said a few words politely, then changed the topic.

"I heard Mr. Fang voted for Mr. Guan's 'Great for Fun'?"

Fang Nian glanced at Guan Qiuhe at the side, and nodded with a smile: "Yes, Boss Guan and I are old acquaintances."

"Actually, this is also an angel investment. When Mr. Guan started his business, I invested part of the funds, but at that time it was in my personal capacity. Now the additional investment has transferred the shares to the company's name."

This is the first time that Fang Nian has made limited public disclosure of his shareholder status as a "fun-loving" shareholder.

Let's put it this way, although Fang Nian has limited involvement in the 'fun' affairs, the management knows that there is such a person.

But in the actual documents, Fang Nian did not personally hold shares.

What is binding is the agreement document signed privately between Fang Nian and Guan Qiuhe.

This is something that was determined before the establishment of "Tianwanwan" last year.

Fang Nian's two-handed preparation sometimes ends quite early.

Lei Xi's face suddenly revealed: "It turns out to be like this."

Then I asked again: "Last year, the situation of "Great for Fun" went from great to forced decline. It stands to reason that Fang would not choose to add another Pre-A round at this time. Is there any good news?"

Fang Nian's heart moved, and he said calmly on the surface: "Indeed."

"The crisis experienced last year was a big blow to 'Greed for fun', and finally decided to start the transformation of 'Great for fun'. The specific matters are always relatively clear."

Hearing this, Guan Qiuhe took over the conversation: "After a period of development and research and development, we will launch new products soon."

"What product?" Lei Xi asked curiously.

Guan Qiuhe glanced at Fang Nian from the corner of his eye, and said, "A gaming platform."

"Game platform?" Lei Xi muttered, and then looked at Guan Qiuhe and Fang Nian: "'Greed for fun' intends to accept external capital injection?"

"If I remember correctly, the crisis faced by 'Greed for Fun' last year was a capital crisis."

Lei Xi’s words mean that he was so resistant to capital last year, why now he has a big idea of ​​financing.

Facing Lei Xi's curious gaze, Fang Nian replied with a smile: "It's also because of this crisis that Mr. Guan and I sat down to seriously think about the company's transformation."

"From our analysis, Internet entrepreneurship is actually a jigsaw puzzle. In fact, it needs to be very cautious and completely independent and personalized.

In the current era of market economy, it is difficult to adapt to market development alone;

In particular, Mr. Guan and I have understood the truth that we are not genius entrepreneurs, and we need to let go of our own face.

Accepting capital has become an inevitable choice for the company's development.

Shares are the most valuable thing in our hands, and they can easily become a bondage, so in the end we agreed that shares should be shared with like-minded friends and capital in a reasonable way;

It is better to be afraid of too much sound than to have no sound at all. "

Guan Qiuhe keenly discovered that Fang Nian's words expressed a lot of meanings that were obviously different from before.

And from what she heard, it seemed that it was specifically for Lei Xi.

Sure enough, the next moment, more smiles appeared on Lei Xi's face: "I didn't expect Fang to always think so thoroughly about the company's entrepreneurship."

"I very much agree with Mr. Fang's point of view that Internet entrepreneurship is a jigsaw puzzle."

As he said that, Lei Xi suddenly changed the subject: "How much did Mr. Fang invest in 'Greed for Fun' this time?"

"I have to thank Mr. Guan for giving me this opportunity. I got 7% ​​of the shares with only 28 million yuan including the previous shares. The investment is almost based on the company's assets." Fang Nian said with a smile.

Rei was slightly puzzled.

Guan Qiuhe briefly explained: "Currently, the total fixed assets of the 'Treatty Fun' company are about 500 million."

"Speaking of which, Mr. Fang really can't be judged by his appearance. Your cutting-edge angel investment should have a lot of assets." Lei Xi said with emotion.

Fang Nian shyly said: "It's okay, the company doesn't have much cash at present, only 50 to 60 million, and its assets are more than 200 million."

Lei Xi was amazed: "Mr. Fang is awesome."

"..."

This is the result of Fang Nian and Guan Qiuhe's left-handed and right-handed operations.

Using an unfounded 28 million until now, the value of the "fun" assets soared, and the valuation was even classified as 1 billion.

Let the frontier angel investment with nothing change from 0 to more than 200 million assets.

However, Fang Nian transferred all the shares to Guan Qiuhe when 'Greedy for Fun' was established, which was simply a stroke of genius.

Even Liu Xi and Wen Ye, who currently know part of the inside story, don't understand the asset exchange.

The simple algorithm of Fang Nian and Guan Qiuhe is actually not simple.

Then Lei Zhe said: "I know some investment institutions. If Guan Zong and Fang Zong are willing, I can recommend them to you."

Fang Nian lowered his eyes and didn't answer.

Guan Qiuhe took over the conversation with a smile: "That's a good thing."

"I believe that when our products are launched, we will not disappoint Mr. Lei's friends."

Lei Xi suddenly said something pointedly: "If it is the 'game platform' I understand, I think the valuation of the A-round financing of 'Greed for Fun' may be 1.5 billion yuan."

Hearing this sentence, Fang Nian was determined: "It's not in vain that I brought out all the things you said in the previous interviews, and I finally fell into the trap."

On the surface, he drank tea slowly, calmly and calmly.

Guan Qiuhe just smiled and said a few polite words.

Lei Xi changed his sitting position, and said with some emotion in his tone: "I have to thank Mr. Fang for waking up the dreamer with one word."

"Although I established Xiaomi in the Cayman Islands a few years ago, and registered Xiaomi in Beijing a few days ago, I just realized today that I didn't let go of my face and didn't enter into a good entrepreneurial mentality."

As he said that, Lei Xi looked at Fang Nian with a playful expression on his face: "Mr. Fang, I haven't fully planned the development direction of Xiaomi yet. Let's not talk about this for now. How much can you invest in me?"

"Boss Lei has given me a problem." Fang Nian showed a helpless expression, but he was very satisfied in his heart.

Then he said in a calm tone: "Based on the current situation, I am willing to invest 1.4 million US dollars in exchange for 10% of the shares. I will not participate in management or interfere with development."

Guan Qiuhe's eyelids twitched.

This is a valuation of 100 million yuan? !

Not to mention things like a business plan, and you don't even know what project to do, but there is a company name and an individual with a valuation of 100 million?

Lei Xi also froze suddenly, even the movements of his hands froze.

"Boss Fang is not joking, is he?"

Fang Nian's expression was indifferent, and he said calmly, "Does Lei always think I'm joking?"

Seeing this, Lei Xi's face changed slightly, and finally he gritted his teeth suddenly: "Okay, I accept your investment."

This time Fang Nian pretended to be surprised, and then quickly said, "Arrange the company to transfer money tomorrow morning."

After the dramatic investment was finalized in a few words, Lei Xi said with emotion: "This may be the most impulsive and correct decision I have ever made."

Fang Nian did not agree, but said with a smile on his face: "If Boss Lei tells you what you are going to do at another time, I believe it will be more correct."