Chapter 232 Split
Huang Zhengfei had no objection to the split of Kuaiya.
Today, their company needs to pay special attention to both of its products, whether it is product operation or various server maintenance.
Both require a lot of manpower and energy to take care of.
They are still just a small company!
We usually work overtime at full capacity.
Overtime has become the norm, and involution has become a habit.
Even he, the general manager, is almost taking charge of the company, not to mention the employees under him.
Standard equipment for staff - folding bed!
To use a popular phrase on the internet recently, everyone is really under a lot of pressure!
Yang Xiao had already entrusted someone to register the new company.
The name is Kuaiya Lindong Co., Ltd.
Yang Xiao had no choice but to do this.
It's time to split up Kuaiya and develop independently.
Compared with Kuaiya and WiFi Master Key, the size is still far behind.
But no matter what, it still has a huge number of users!
It spread like a virus, and was recommended by countless netizens, and was preheated for several days with the splash screen advertisement of WIFI Master Key.
After all, the name "artifact" is not just a casual remark.
It has only been online for a few days and has already exceeded the one million user mark.
It was precisely because of this that Yang Xiao had to separate Kuaiya and find another way for it to survive.
Easy Internet Technology Company can only focus on developing one of them.
Another reason is that due to insufficient resources, development will inevitably lag behind!
Both kids are growing up!
It's time to split up!
Otherwise it won’t survive at all.
Instead, it will drag everyone to death!
Needless to say, Yang Xiao had no choice at all.
Whether it is market value or other aspects, he can only choose WIFI Master Key!
There are also advantages to splitting it up.
Between the two, they can focus more on the development of their own products.
Overall, the pros definitely outweigh the cons!
Yang Xiao said to Huang Zhengfei: "Do you have any recommendations for the person in charge of Kuaiya's new company?"
"As for the candidate, there is one."
The new company must have drawn personnel from the original project team here. Huang Zhengfei was not surprised at all and said,
"Kuaiya's project manager is Li Ran, who is also a member of our team. He led the team to solve the WLAN transmission technology of Kuaiya. Whether it is development or operation management, he is a very good person with a lot of experience."
"Okay, let him take charge."
Yang Xiao had some impression of Li Ran. He seemed to be two or three years younger than Huang Zhengfei, but he was very calm and had the qualities to be a leader.
Moreover, today's Kuaiya needs to constantly update new technologies.
Technology is being updated and iterated.
For example, the technology of “multi-person transfer” proposed by Yang Xiao has not yet been cracked.
Even the problem of some low-end models not being able to adapt still exists.
"Marketing promotion and publicity" comes second.
The stability of technology is of paramount importance.
If you make this kind of tool product well and have a good reputation, it is impossible to lack users.
"Old Huang, please help spread the word that Kuai Ya is ready to accept venture capital funding."
"Okay, Mr. Yang, what about our WIFI Master Key? Do you have any plans in this regard?"
Yang Xiao said with a smile: "We are not in a hurry about this. Lao Huang, do you really want your shares to be diluted?"
"No, no, I didn't mean that. I was just asking."
Huang Zhengfei smiled awkwardly, then his expression gradually became excited.
With their own profits, WIFI Master Key can definitely stay at the forefront of the race and lead the way without the need for venture capital support.
Now that Kuaiya has been split up and is raising funds separately, it is about to take off in another track.
For him, it's the best of both worlds. How could he not be happy?
In fact, before this, many investors came to him on the recommendation of acquaintances, hoping to get something out of him through their friendship and connections. Many people even said directly that they were very optimistic about him and they could easily buy his company's products online.
They want to invest a large amount of money, under the pretext of wanting to grow together with them, but in fact they hope to sell some shares and get a piece of the pie.
I have to say, the prices offered by so many people are very tempting.
But Huang Zhengfei has no say in this matter!
The final say lies in Yang Xiao's hands.
He is just a part-time worker.
When he heard that Yang Xiao had no intention of raising funds for the time being, he felt a little disappointed.
At this moment, even he couldn't help but sigh that the decision made by Yang Xiao was really a great one!
Huang Zhengfei pondered for a while and asked, "Mr. Yang, the current valuation of Kuaiya's product may not be too high. Should we wait for a while?"
After all, Kuaiya is always a tool product without social attributes, and the product benefits are completely foreseeable.
In his opinion, the valuation would cap at $1500 million.
He hesitated for a long time at this point, just wanting to hold on for a while, until the number of users had a new breakthrough, then the timing for seeking financing might be better.
In that case, you can be more confident in asking price.
Yang Xiao shook his head:
"Kuaiya has exceeded one million users in less than seven days after its launch. Is it still far from ten million users? Isn't this just a gimmick? The valuation is less than 3500 million US dollars. Don't even talk to me directly. Come and talk to me."
"3500?"
Huang Zhengfei was surprised and said, "This..."
He thought, how could a small tool product have such a high valuation in the A round?
Yang Xiao saw his expression, ignored him, and continued:
"You can tell the investors that we are ready to enter the international market. Users are not a problem at all. If you want to get on board, come quickly. If you miss out, you will miss out. In addition, I only plan to sell 20% of the shares."
In fact, not only Kuaiya, but WIFI Master Key is also planning to enter the international market in the future.
This is the superiority of tool-type apps, which are easier to "export" than games.
Of course, the main market is still in Southeast Asia, to earn money from poor guys like Indians.
What we learned was the military strategy, which was to go where the low-end machine population was largest.
As for the financing of 20% of the equity, that would be tens of millions, enough to last for a while.
Yang Xiao handed the financing matter over to Huang Zhengfei, asking him to be responsible for contacting the capital parties, and he would not be involved.
The next few days.
According to Yang Xiao, there are seven or eight buyers planning to join the market, including IDG, Polaris Ventures, and Innovation Works.
They complained a lot about only having 20% of the shares.
When he heard the offer of 3500 million US dollars, he said that Huang Zhengfei was crazy about money.
Huang Zhengfei has a lot of grievances that he can't express.
Yang Xiao didn't plan to show up, so he had to take over.
He can't say, I don't think it costs so much money.
Seeing that this financing might be difficult to sustain, Huang Zhengfei had to quickly report the matter to Yang Xiao.
"Boss Yang, they think the price is too high. It's not worth that much money at all. Some people are starting to back out."
"It doesn't matter. You can buy it or not. If you don't want to buy, just get out. The price won't be lower anyway. Just keep spreading the word. In addition, you can let them see our user growth report. Two hundred thousand new users a day is worth the price!" Yang Xiao cursed and hung up the phone.
If no one buys, just delay it for a month. After a month, there will be at least three million users. Don’t blame me for raising the price then!
However, before the capital investment came, a previous investor called, who was Zhao Wanlin, the boss of Tianma Media.
Yang Xiao picked up the phone and jokingly asked, "Boss Zhao, how come you have time to call me today?"
Zhao Wanlin usually doesn't care about anything. He doesn't care about anything and only knows that the situation is very good.
The previous investment of 10 million has at least increased fivefold as of now!
He owns 10% of the shares of two currently popular applications.
When I was in Yanjing, whenever I met acquaintances in the circle, I would bring it up as a topic of conversation, and I would even want to immediately post the topic on the Internet to show off.
I must tell you about the angel investor status of WIFI Master Key and Kuaiya.
This investment really made him proud, so much so that he never interfered with the company's development on weekdays.
Let Yang Xiao take the helm.
Although he didn't know much about Internet investment, he had lost a lot of money in his previous attempts and was ridiculed for a long time.
Now that times have changed, it's time for him to stand up.
Zhao Wanlin admitted that there was indeed an element of gambling in his investment at the beginning, and the reason for his investment was simply because he was optimistic about Yang Xiao's abilities.
Now it has been proven that he was right.
Zhao Wanlin was calling Yang Xiao affectionately on the phone at this time, and said with a smile:
"Xiao Ge'er, why didn't you tell me about this round of financing in advance? Now that capital has poured in, I realize that what you did was a bit dishonest."
"What? Mr. Zhao is going to invest as well?"
"Haha, of course I'll follow you, but they'll just give up 20% of their shares. If I follow them, I'll just have to drink soup."
Yang Xiao was a little surprised and asked, "Mr. Zhao, can you accept this price?"
Zhao Wanlin laughed loudly upon hearing this, and said loudly on the phone: "Hahaha, I've long been used to it. Brother Xiao, you've always been the type who would ask for too much and would never give up. I accept this price, but it's a little less. How about you give me some more shares personally?"
"Oh? Mr. Zhao is very confident. He must be very powerful."
"Hey, Xiao Ge'er, to be honest, I have a few friends who also want to join us. How about you personally sell me another 10% of your shares? The price is negotiable."
"Well, let me think about it." Yang Xiao raised the corner of his mouth, but did not agree immediately.
"What are you still considering? We have been partners for such a long time, from Shiguang Culture Media to today's Easy Internet Technology. Tell me, do you think I support you, brother?"
"Haha, even brothers have to settle accounts clearly. Let's talk about this later."
Yang Xiao continued to argue with him, "I also have a music player in my hand, called Shiguang Cloud Music, which has also just been online for a short time and is very popular. Do you, Mr. Zhao, want to play with it with me?"
"Shiguangyun Music? I haven't heard of it. Why? Didn't they promote it through your channels?"
"Well, I'm keeping a low profile for now."
Yang Xiao turned a blind eye.
Propaganda is being carried out, but the intensity is too weak and the effect is not good.
The music listening habits that netizens have developed with great difficulty are not so easy to change.
Even in the music industry, there is a chain of contempt.
Well, Kugou Music is at the bottom.
Not to mention an unknown and unfamiliar music player, who the hell would buy it?
After listening to Yang Xiao's general description, Zhao Wanlin became even less interested.
In his eyes, this was Yang Xiao's Waterloo.
Just don't get involved.
And he knew that if a music player wanted to grow, it had to spend money.
It is also likely to be a thankless task.
Because now several platforms such as Kugou, Kuwo, QQ Music, and Tiantian Dongting have fixed users.
The market has already become a red ocean. Are you going to compete with others with your head?
"Forget it, Xiao Ge'er. When you succeed, I will be the first one to invest in you. Now, let's talk about Kuai Ya."
Zhao Wanlin thought to himself that I would not be fooled by this, and then he continued, "To be honest, brother, I'm going to tell you the truth. If you give up some shares this time, the connections and resources in Yanjing will be easy to come by in the future. How about this, I will fly to Shenzhen tomorrow and have fun with you during the National Day."
"Okay, come over here and we'll talk."
Yang Xiao didn't care much about what Zhao Wanlin said.
But if he wants to buy back his shares individually, that would be easy.
He did not inform Zhao Wanlin in advance this time, just to test Zhao Wanlin's reaction.
I knew he wouldn't be able to sit still.
Because just when WIFI Master Key was booming in the market, he thought about investing again in the hope of obtaining more equity.
But Yang Xiao flatly refused.
Yang Xiao knew that he had never forgotten it.
Now that his “baby” Kuai Ya is here, how can he not be excited?
In addition, Yang Xiao had actually long intended to sell his personal shares.
Because he really doesn't have much money!
With so many products under hand, there must always be a choice.
Time Cloud Music is crying out for food.
Although Wanhe Tianyi does not require much worry, it still requires a long-term profit cycle and he cannot cash out.
Not to mention Bilibili and the like.
Now we can only hope to cut meat from Kuai Ya.
So, now that Kuaiya has been separated from Qingsong Internet, he took this opportunity to cash out 10% of the shares. After getting about million in his hands, Yang Xiao will be able to do things with ease in the future.
Well worth it!
Of course, even if he was willing to sell his shares, Yang Xiao still looked embarrassed and unwilling.
He has to come and ask for it in person!
Just suppress the favor first.
Even if Yang Xiao is short of money and wants to cash out, he has to pretend to be rich and indifferent.
It's not just about price pressure, there are also personal relationships involved.
the following few days.
The equity subscription of Kuaiya Company is still at a stalemate, but Yang Xiao's 10% personal equity has been quietly transferred.
Zhao Wanlin now holds 20%, Yang Xiao 75%, and the remaining are 3% for Huang Zhengfei's team and 2% for the employee option pool.
What Zhao Wanlin actually wanted more was shares in Qingsong Internet Technology Company.
Compared with Kuaiya, he is also more optimistic about the prospects of WIFI Master Key.
He stayed in Shenzhen for several days, and his words were full of desire for the company's shares, and he asked Yang Xiao to give him priority if he considered transferring the shares.
After the deal was settled, Yang Xiao rested for two days, and finally played a game with Zhang Wanting and others.
On the last day, I even met Luo Yao again, including her parents.
Only this time, there were only four of them.
We had dinner together without being disturbed by outsiders.
Liu Xiaolan and Luo Zhengbin's attitude towards Yang Xiao did not change much, and their words were full of encouragement.
"Yang Xiao, you have achieved so much at your age, which is much better than your peers. But I hope you can be humble and not be impatient. If you encounter any difficulties, you can also give us feedback. Although your uncle Luo doesn't understand your Internet, he knows a lot of things and should be able to give you some advice."
"Okay, thank you Uncle Luo, I'll keep it in mind and will definitely ask you for advice when the time comes."
(End of this chapter)