Rebirth starts with financial freedom

The media, which had been waiting for specific information, also knew that the results of the first round of the election were out, and immediately aimed their long guns and short cannons at Zhou Shou.

"These sixteen companies are Shengyao Group Investment Company, SoftBank Vision Fund, General Atlantic, kkp, Primavera Capital, Yunfeng Fund..."

In order not to waste the valuable time of major companies, I announced that these 16 companies will participate in the final election. Representatives of other companies can stay at the scene to watch, or they can go to the hotel prepared by our company to rest. "

The final campaign was no different from the first round, except that a new campaign document was issued.

As before, Chen Ze filled in the numbers as quickly as possible and handed them to the Byte employee next to him.

It's just that this scene made all the other big guys deep in thought, with big investment ideas, thinking about whether Shengyao Group had some decisive trump card this time.

Time passed slowly, but none of the investment companies that were not shortlisted left. Although they had lost the qualification to share the cake, they also wanted to know who got this delicious piece of cake in the end.

Not long after, a figure appeared directly in front of everyone. This time it was not Byte's CFO Zhou Shou, but Byte's president Zhang Yiming.

The other party said a few words before announcing: "The results of the election have come out. According to the resolution of the board of directors, six investment companies including Shengyao Group Investment Company, SoftBank Vision Fund, General Atlantic, Yunfeng Fund, kkp and Primavera Capital have been selected. Each company will discuss the final financing details, and representatives from each major company will be invited to the conference room to conduct the final process of this financing."

As Zhang Yiming finished speaking, everyone knew that the cake had been divided.

The so-called final agreement is nothing more than negotiating the share of the cake.

At Zhang Yiming's invitation, Chen Ze, Li Chao, Sun Zhengyi, Yu Feng, Shen Peng and others slowly stood up and walked towards the conference room.

And those media reporters quickly started writing today's articles. First-hand news is always the most attractive.

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In the office, Zhang Yiming and other senior executives of ByteDance were sitting on one side, while on the other side were the management represented by Chen Ze and others.

"Before the details of this financing are agreed upon, please sign a confidentiality agreement. This detailed negotiation is related to the company's future development direction. I hope you will forgive me."

After speaking, several documents were handed in front of everyone.

These bosses from the capital were already used to this kind of thing. After taking a look, they signed their names. Chen Ze did not hesitate and signed along with everyone else.

After the confidentiality agreement was taken away, Zhang Yiming slowly said: "Byte intends to use 8% of this financing for financing. Based on the bidding intentions of major companies, we have given an estimate of US$ billion. value."

Everyone was slightly stunned when they heard this. They had no objection to the valuation, but didn't the shares only have 5%?

Could it be that their sources are incorrect?

This is a big deal!

Just when everyone was confused, Zhang Yiming spoke again: "Of course, there are still some things involved in this financing negotiation. Byte can only provide 4% of the financing to major companies, and the other 4% is valued by Shengyao Group. billion US dollars in financing.

In other words, Shengyao Group actually invested 2.8 billion US dollars in financing, and the other party will invest 1.8 billion US dollars in shares, and the remaining investment will be supported by resources. This agreement has been unanimously approved by our board of directors. "

After hearing Zhang Yiming's words, all the big guys except Chen Ze and Li Chao showed expressions of disbelief.

What resource is worth a billion dollars? ?

After conversion, the amount has even reached 7 billion RMB. Who dares to believe this? ?

Resource investment is normal in the capital market, but people don’t understand what resources can be worth a billion dollars!

And according to Zhang Yiming, these 4% shares have been determined.

However, no one said much. After all, the news released by ByteDance only had a 5% share. Although it has lost 1% of its share now, it is nothing if this share is taken away by Shengyao Group.

After all, everyone knows the size of Shengyao Group. Even if this matter had not happened, they are sure that the share that Shengyao Group could get would not be less than 1%.

After the shock, some domestic bigwigs, such as Shen Peng, Yu Feng and others, looked thoughtful. They thought more than Softbank, kkp and other foreign capitals.

They have also heard about the background of Shengyao Group. The development of ByteDance cannot be separated from certain support, otherwise Duanzi is the best example.

In April this year, Duanzi was directly removed from the shelves permanently, and Toutiao’s valuation was cut in half. If Byte does not have protection, no one can afford the consequences.

In the end, everyone acquiesced to this matter. Except for certain reasons, the size of Shengyao Group also blocked some people's mouths.

It’s nice to enjoy the shade under the big tree.

After half an hour of negotiation, it was finally decided that the other five companies had won the other 4% share of Byte at a price of US$ billion.

"After the financing is completed, the number of board seats will increase by eight. Shengyao Group will have four board seats, and other companies will have one board seat."

The rest of the time was spent discussing other things.

Three hours later.

All regulations have been passed, and this financing meeting has come to an end.

During this period of time, capital tycoons such as Shen Peng and Yu Feng also understood the resources that made ByteDance so exciting and worth up to one billion US dollars.

Thinking of the names of those big guys, even with their status, I can't help but tremble. If these big guys are the background, as long as ByteDance does not seek death, no one in the country can touch it.

Unexpectedly, they accidentally bumped into an invincible giant ship.

For a moment, several domestic capital tycoons looked at Chen Ze and Li Chao with something wrong.

I thought that Shengyao Group was already a giant tree, but I didn't expect that there was shelter behind the tree.

Chen Ze looked at everyone's eyes and didn't care, but he was very happy now that he occupied 4% of Byte's share.

Li Chao and others do not participate in this kind of thing. They only take dividends. In other words, the four board seats are all owned by Shengyao Group, so it will be very simple to implement some of his ideas.

And things went so smoothly this time, which made Chen Ze sigh that some things are really easy to solve after a strong background.

In the end, Chen Ze and others had a simple meal and then left.

ByteDance’s financing feast has also come to an end.