Good opportunity
"Oh?"
Zhou Xing was a little surprised.
After learning about ByteDance from Qin Fen, there was a big move to raise funds.
Zhou Xing is always paying attention to the trends of ByteDance.
Just...after the news came out.
ByteDance went silent again.
There has been no new news from Qin Fen.
Zhou Xing asked Deng Haoyang to keep an eye on Bytedance and report to him immediately if there were any signs.
I originally thought...it might take some time.
Never thought of it.
It came so quickly.
"Is there any financing news from Byte?"
Zhou Xing asked.
"Yes."
Deng Haoyang said, "And a little anxious."
"How do you say?"
"They chose to hold a financing and investment conference in Shanghai in five days... and invited almost all investment banks in the industry. There were also major entrepreneurs and many celebrities to help out, and this conference was held with great grandeur."
Deng Haoyang explained: "ByteDance has spent a lot of money to successfully complete the fourth round of financing. The more this happens, the more it proves the urgency of ByteDance at this time."
Zhou Xing nodded slightly.
Financing...is an insurmountable hurdle for any business that wants to develop.
Started from scratch.
A person's ability is destined to be limited.
There is not that much capital to support the expansion of the company.
at this time.
The only way is to choose investment banks or companies to enter to release part of the shares and obtain financial help.
Only when you have funds can you do things.
As for investment banks or companies, they will not only provide financial help.
More importantly... they are also an extremely large company with abundant resources, and can easily help companies break through channels and seek better development.
So many times, even if the company itself has excellent development prospects, its cash flow is also very good.
But it will also allow other companies to invest and release shares.
Thereby getting admission tickets and all kinds of help.
Let the enterprise take off completely.
Generally, when faced with financing, numerous investment banks will come to promising companies if they have no financing plans.
They have no shortage of investment.
The person in charge of the company will consider it in advance and hold secret meetings with them.
The conditions are about to be negotiated.
You can start signing the contract. After the funds are in place, you can announce it, or you can choose not to announce it.
After all, financing is a relatively private matter.
And ByteDance.
A few months ago, I heard the financing information they proactively released.
During this period...an investment bank must have come to the door.
ByteDance also chose to hold this financing and investment conference, so it was destined that they had not reached an agreement.
There is a high probability that ByteDance's requirements are not met.
Or the funds given are not enough.
ByteDance's choice to do this should be a helpless move.
The more investment banking companies invited and the more grand the conference became, the more it proved that they were at the end of their rope at this time.
You can only choose the last resort.
If you fail to do this, find an investment bank that suits you.
Their business...may not be able to sustain itself.
It is estimated that everyone invited can see it.
This is ByteDance's stated plan. Whoever pays the highest price will win by participating in a conference like this.
Even though everyone generally doesn't bid high.
They could only hold their noses and recognize it.
Zhou Xing was not surprised. ByteDance's financing was going smoothly in the past, but later on... it has not been able to figure out a way to make a profit.
The company has been losing money year after year.
Even if investment banks still have confidence in them, they cannot invest too much money.
Those who can meet their requirements are destined to be severely knocked off a large share of their shares.
So we're stuck here.
"ByteDance was too sudden this time. This conference was held without any warning."
Deng Haoyang continued: "I sent people to investigate and found that the funds in ByteDance's company account were already somewhat beyond their means. Even if they find a new way to make profits at this time, it will not be
able to quench their thirst." "The company must have new financing funds to survive."
"I guess those investment banks have also seen the message. Due to the predicament of ByteDance, ByteDance took advantage of this situation to lower the price and acquire shares, resulting in no agreement... So ByteDance has to do this, but... I estimate that this financing conference will not be much better."
Deng Haoyang sighed: "Their company's products are quite novel, and their big data work is also very good. They also launched a Douyin APP some time ago. I guess they were trying to use this APP to gain profit and turn the situation around, but the effect was mediocre. , the overlap of its businesses is too serious."
"Putting a lot of money into it not only failed to achieve any results, but also accelerated the consumption of the company's funds."
Zhou Xing was surprised for a moment after hearing this.
He knows... every time a company raises money, it's a challenge.
ByteDance may have a tough time.
But I didn't expect...it was actually a matter of life and death.
No wonder he can't hold his breath so much.
Without capital injection, the company will completely fall short.
No one would have thought of it.
ByteDance, which now seems to be dying, like an old man with a candle in the wind, has been able to rejuvenate and become China's Internet giant.
Compared with BAT, it vaguely means impacting the status of the Big Three.
Starting a business...is definitely not that simple.
As every group grows, the road is filled with countless ups and downs and crises.
This is how BAT came about.
This is also the only way for Bytedance to go.
"Has our company received the invitation?"
Zhou Xing asked.
"Received."
Deng Haoyang's tone revealed a little pride.
Although Nile Crocodile Venture Capital was founded not long ago, it has already become well-known and has Zhou Xing in charge. Even those established venture capital companies do not dare to underestimate it in the slightest.
Some time ago, the person in charge of Sequoia Capital China even called him because of this.
The tone was much more polite.
He expressed his surprise that he could join Nile Crocodile and serve as general manager.
At the same time, he said that he was somewhat unclear about people.
As a result, Deng Haoyang was not allowed to fully utilize his talents when he was at Sequoia.
Let the talent drain now.
I hope we can cooperate more in the future for mutual benefit.
This is undoubtedly the greatest reward and recognition for Deng Haoyang, who has been frustrated at Sequoia for so many years.
He was once a nobody in Sequoia.
Now I can chat and laugh with the person in charge of Sequoia.
All of this... was given to him by Zhou Xing and Nile Crocodile Venture Capital.
He is proud to be a member of the Nile Crocodile team.
At the same time, I am extremely grateful to Zhou Xing.
In this life... his most correct decision was to leave Sequoia and join Nile Crocodile.
"Okay, you are responsible for making arrangements. In five days... you will attend the investment conference with me."
Zhou Xing said calmly.
"Okay."
Deng Haoyang agreed immediately.
Although he, like other investment banks in the industry, is not optimistic about Byte.
Byte is currently struggling hard, but he is like a giant who fell into the quagmire with his limbs broken off. He cannot survive no matter how hard he struggles.
Financing will only slow its demise.
Unless a way to make a profit can be found.
But... this is not easy. ByteDance has been working hard for so many years, but it is still at a loss.
Investing in it...the nature of the gamble is too heavy.
Moreover, too much capital was invested, just 10% of the shares, which was difficult to satisfy them.
Unless Byte can release more equity ratio.
But since Zhou Xing is optimistic, he just needs to obey.
His words... can only be used as suggestions.
Zhou Xing has his own ideas, and he also has his own reasons for doing what he does.
........
Zhou Xing hung up the phone.
Put down the phone.
His eyes brightened slightly.
This time ByteDance is generally not favored by investment banks, who are all thinking about how to tear off a piece of meat from Byte before it completely dies.
ByteDance has reached a dead end.
For him, it was good news.
this share.
He definitely wants to win it, and if possible, it would be best to get more shares.
He holds two billion dollars in his hand.
Have sufficient confidence.
Zhou Xing stared at the night view of Shanghai outside the window, then got up and went to the bathroom to take a shower.
"Ding dong."
At this time.
The doorbell did ring.
Zhou Xing stopped what he was doing and stepped forward to open the door.
When I saw the figure standing at the door.
His expression was one of surprise.
"How did you come?"
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