August 12th was a tense and exciting day. When she returned to the company in the afternoon, Chu Yuanxi found that Qi Yu and Yang Yuanmei had finished communicating. When she finalized the preliminary schedule and project team structure with Qi Yu last weekend, she asked Yang Yuanmei to be transferred to be an executive producer.

Yang Yuanmei and Qi Yu were old colleagues during Pengfei's period. They may be more lubricant when they cooperate with each other. Moreover, Yang Yuanmei is a panacea, which tastes good but can do anything. Although she cannot be particularly professional, it is just at this stage that she is suitable to help her replenish the pot.

According to Qi Yu's plan, Baisha is the only one who needs to be tested at the moment. He has to take the post of director, just like the position of Gao Wenming when Fang Shiling was planning.

Then Zhu Chi became the boss behind the scenes for the first time, responsible for allocating resources.

When Chu Yuanxi returned to the company, several beauties were having a WeChat phone call and quarreled over the air for the cast. Chu Yuanxi quickly patted Zhu Chi and Yang Yuanmei and interrupted, "You give me a little bit the same. Don't put aside the Taishantai in the cast? Let's control the disk, or a cooperative relationship. Let's communicate with Xu Yanping first."

"Hey Chu Yuanxi is back?" Qi Yu asked on the WeChat side, "Chu Yuanxi, look at our lineup, including the directors you brought, are all newcomers, okay?"

"Don't worry, money can't buy any experience. If so, you have to add more money."

Chu Yuanxi said a few words and left, mainly because he couldn't and allowed himself to be too concerned about this kind of thing. The things he needs to pay attention to are, for example, Baidu Kuaishou announced today that it had invested 450 million US dollars, and it was officially announced, and the Toutiao system was eliminated. This is a major event that may have a profound impact on the industry, and needs to be concerned about it and analyze it.

In fact, is it really a three-win situation to introduce Baidu Kuaishou's traffic? If you think it is a three-win situation, it is a lack of awe of traffic, especially for the community. Huge traffic may change the community atmosphere.

In fact, there was a lot of new sinking traffic. Just yesterday, on August 11, Yanjing University withdrew its special enrollment in a certain place. Because the scores were too different, the two sides started to compete and became popular in Kawa. In the past, with the atmosphere of Kawa, such a thing as a cause would not be ridiculed by Yanjing University. The two famous schools had a protective halo. But yesterday, it actually caused a group of ridicule like raindrops, which made Chu Yuanxi stunned.

One day, last Saturday, a well-known female writer living in a high-end community in Mocheng City ran to the Internet to show off her wealth because it rained heavily and no one came to repair it. Because she was too pretentious, she claimed to be top 5 people, and she happened to reveal that she lived in a house worth 20 million yuan, but her mentality was less than 200 yuan, and she was ridiculed by the crowd. In the past, this level of lyricism was still a well-known writer, and it was also understandable that it was not at all. However, there are too many users who are now sinking into the community, and the community atmosphere has quietly changed.

Therefore, the user growth problem of Hu actually needs to be carefully sorted out. Especially when their monetization sources mainly lie in advertising and knowledge payment, especially when knowledge payment is not as popular as the app, any operational error may cause an avalanche.

After arriving around the world, three major events happened in the world on the 13th. The first thing was that the video and picture social networking website Tang Bure, which once competed with Facebook, was sold. The transaction price was only $3 million, which was thrown away like garbage. You should know that in 2013, Yahoo spent a full 1.1 billion yuan to acquire Tang Bure!

However, thinking that Yahoo did this, it was surprisingly harmonious. In 1998, Yahoo could acquire Google for $1 million, but Yahoo didn't. By 2002, the acquisition was launched again, and the price rose to 3 billion. Google thought it could be negotiated, and the bargaining price was only 5 billion, but Yahoo was timid again.

In 2006, the second year after completing the stock exchange investment with Alibaba, Yahoo fell in love with Facebook again, and the offer price was $1 billion + stock, which was exactly the same as investing in Alibaba. It was a golden age for investors. This was a bargain at this price. As a result, there was a small problem within Facebook. Yahoo immediately cut the money to 850 million. What a strong person. Xiao Zha was so angry that she tore up Yahoo's Ts at the board of directors.

This is also the beginning of Yahoo's decline from prosperity. In 2008, there was a chance to jump off the car. Gates' father took $40 billion in cash and hoped to collect it, but Yahoo's palace fight for a while and refused until in 2016, it sold $4.6 billion to the operator Verizon.

This is when I invested in Jack Horse, otherwise Yahoo would probably be worse than soup Buhe now.

The first one is just a fun thing, but the second one has something to do with it. Because Kuaishou, the stubborn company, finally learned from the mistakes and launched their fast version, which is the version of the copycat volcano. It is already a copycat volcano, isn’t it just one step away from the copycat Douyin? Lu Yu heard the news and immediately established a series of independent accounts on Kuaishou to upload works suitable for Kuaishou users.

What Chu Yuanxi did not expect was that it was actually a money-making version, and users could get gold coins and withdraw cash when watching short videos. Moreover, the quality of this app is extremely high, especially in terms of optimization. After a small withdrawal, it is even a matter of scrambling to turn off the phone for half an hour and then clicking on it. It is still the window just now. It can be as far away as the Dot Reading app. The programmer of China Literature probably cannot apply for a job when he goes to Kuaishou to find a job.

If you use Kuaishou in size, if you spend money on your shirtless, you can see that the growth of the dau of its single app will definitely draw a beautiful arc, because the so-called Speed ​​Edition app is connected to the Kuaishou app itself, and the user's attention and likes are in the same system. In other words, users who used Kuaishou app originally had to use it for an hour a day, and if you switch to the Speed ​​Edition, you can get extra money. Even Chu Yuanxi himself experienced it for a while.

The third thing is very important.

Long ago, Zhayi made a news release, saying that he had been expanding business with an open mind and looking for business strategic partners in order to bring more vitality and development to Koala's cross-border e-commerce and other business units.

Interpretation of the words of human beings is that Zhayi wants to sell koalas and starts looking for the next one.

On the 13th, there was a rumor, and Alibaba was about to take action. When Chu Yuanxi saw that this was a rare opportunity, he quickly brought Yuan Lu and Liu Lu.

"So..." Yuan Lu asked questions and said while guessing: "Are you planning to dig out the koala executives?"

"If you don't dig, how can you call dig? You're in touch first." Chu Yuanxi put out a list of koala executives. "I probably have to leave koala for less than half a year, right? And I guess our well-off society cannot be on the list of koala's professional bans," he said.

Liu Lu nodded, thinking that it is almost inevitable to use Alibaba's merger and acquisition tone. It may be a little less in half a year, but there shouldn't be many on this list that can last for a year. The key is that everyone knows that once the merger and acquisition is achieved, the subsequent process will be almost transparent. For the current executive, there is only one main theme, how to get enough benefits and then resign in glory.

To get enough profits, it is nothing more than options. As a person who has left a startup company, Liu Lu's judgment of whether the difference is based on the job rank and the time of entry, and it is a one-size-fits-all approach. The focus of the contradiction is nothing more than when the options are cashed, so there is no need to guess this for the time being.

She looked at the list that Chu Yuanxi put out again. Some were responsible for goods, some were responsible for supply chain management, some were responsible for sales, and some were responsible for warehousing and logistics. This is normal. Why are there even people responsible for global stores?

"Hey, who said that those who do convenience stores cannot provide overseas shopping products? Although it is destined to be impossible to make koala logic in our model, it is always good to provide some differentiated products with high unit price? We are making convenience stores, and continuously updating our products is the main task. Besides, how high the profits of such overseas shopping are, and users will only think that it is expensive and will not ruin the reputation. We think that we deliberately sell high prices."

"Okay, but many of your list were reported directly to Koala Ceo. Do we have suitable positions and ranks?" Liu Lu continued to ask, "In our corporate structure, the middle and lower levels are very delicate, and the senior management class was simple and crude as you meant, showing the true nature of a startup company."

This question is about the very flat problem of the high-level leaders of Xiaokang. The president and vice president are at the level of directors. Chu Yuanxi can directly penetrate into the large middle-end structure, but it is not divided according to the business group or business department. It is still a project team system, and it is broken and reconnected with okr.

Therefore, the organizational structure of a well-off society below middle-level management seems very complicated to outsiders, but when you go to the director level, you can see the president directly, which is very unfavorable to air-demolishing senior executives.

"Is this a question..." Chu Yuanxi scratched his nose, "I think this is the case. If the other party thinks that the koala is very awesome and comes to Xiaokang, he will be married, and he will be wronged if he is not CXO or vice president, then let's take back our intentions. Xiaokang doesn't need so many vice presidents and cxo."

"Damn!" Liu Lu thought to himself, this is your younger brother? You took the initiative to hire someone else, and your attitude is so high. Is it appropriate? You don't need so many cxo, but you even hired the chief scientist!

Chu Yuanxi saw that Liu Lu was swearing, of course he knew what she was thinking, and suddenly laughed, "You have to think so, how much is Zhayikoala worth? It's no more than 15 billion RMB? This size is just average, and GMV is just average. The executives of an average company are all under high positions when they arrive here, so our ceiling will be visible to the naked eye. It's impossible. We will start at 300 billion in the future. The position of executives is very expensive and we won't easily win an official position."

Yuan Lu suddenly said, "I think Chu Yuanxi is right. Liu Lu, you think we are serious and cautious in recruiting this way. This is the way we have ambitions. Anyone who comes to you has never worked in the company and doesn't know the details. Just because of a glamorous resume, I have entrusted important tasks, and each title is better than the other. This is the style of a small company. When we do early investment, we are most taboo to get together teams."

After getting Yuan Mu's affirmation, Chu Yuanxi made a decision directly, "Hey, Yuan Mu's observation perspective makes a lot of sense. Let's strip away all kinds of glamorous adjectives from the target company, don't worry about the number of cross-border e-commerce in the Celestial Dynasty and the market share. Just look at the valuation. This matter is very clear. If it has a valuation of hundreds of billions, it will be awesome. The executives in it are amazing. If it only has a valuation of tens of billions, it will be relaxed. Is this logic okay?

What I mean is, Yuan Lu, you help Liu Lu meet these people through Zheng De’s relationship and express our attitude. We are eager to seek talent, but the ‘talent’ is manifested by doing tasks and get task rewards through okr. We leave talents with space and opportunities to fully utilize their talents. This is our system advantage. We must explain it clearly when communicating."

After arranging the work, Chu Yuanxi thought there were only three major events today, but in the end another bigger one occurred at night. The fan girl went out late at night and violently slaughtered the foreign website.

This makes people sigh that it is really at the critical moment on the other side of Kowloon. Even the girls in the fan circle burst out with huge energy, which also allows those brainless people who like to control comments on Ins Twitter to see how professional comment control methods are. Emojis and rumors can make some people angry.

If we look at it from the perspective of the game, this matter will be clearer. The wealthy families there are like the upper elves in Yamaguchi Mountain. They thought their loyalty would usher in a god, but the result was the Burning Legion.

After going around in circles, it was August 16, Saturday, when Li Jingfei and the Magic City Silver Group withdrew from the Baren Group. Some people resigned from their posts and returned to their hometowns, while others rushed to the imperial examination hall at night. It happened that tomorrow would be a roadshow for Xiaokang's A-round financing, and they were both in the same room.

There were only Chu Yuanxi, Duobi, Li Jingfei and Yuan Mu in the huge conference room, which seemed quite deserted. Chu Yuanxi spread out the contracts drawn up by the three parties and placed them on the table, with five big words "Stock Refund Agreement" written on it. The first line below is: Based on the principle of voluntariness, XXX signed this agreement and declared the following matters xxx.

Although today is just a form of making payments, this time the withdrawal of shares is still more particular. Generally, companies repurchase shares by canceling them, which reduces the capital to increase the profit per share. However, considering that Baren is in a relatively special entrepreneurial stage, Chu Yuanxi decided to use a relatively rare method to lock the recovered equity into the equity warehouse, waiting for new investors to purchase in the future, or use it for equity incentives.

This time, the Demon City Silver Group was straightforward and only one more time came, and An Qi was the one who made the connection between this transaction and the initiator of the Demon City Silver Group. No matter how you look at it, you have made a contribution, but you didn't look very happy.

Yuan Mu, Li Jingfei, and Dubby were chatting, while Chu Yuanxi directly pulled Angel aside and asked about his current situation.

During this period, Angel has closed his cafe. Because he doesn't make money, he barely does not lose money and becomes a job for real estate.

Chu Yuanxi said that the profit margin of the cafe is so high, how could it not make money? It turned out that it was like a mountain in the distance. What people did not make freshly ground coffee, with high gross profit margin but also huge cost, and the turnover rate was huge. After deducting, nothing was left.

"If this happens, are you interested in reopening your old job, Angel?"

Chu Yuanxi asked very quietly, and An Qi suddenly shuddered, "What's the situation?"

"The situation is quite complicated, but anyway, your game company has been handed over and the cafe is not open anymore. I don't think it's interesting to have white gloves in front of you. I haven't made much progress in more than a year."

An Qi was embarrassed, because she barely squeezed into the circle of the Magic City Consortium and realized that her positioning was even more awkward than that of the fund manager. The fund manager was still a white-collar worker at least, with a complete set of rules, and contributed his experience like a tool man and asked for rewards.

He has no organization and has become a scout role similar to a football club.

The reason for this is mainly because he has no money. Only with money can he have a share, an investor, and a person in the circle. He is wise and has no money. Although it looks lively and looks for various investment opportunities everywhere, the return model is very vague.

Take the investment of Baren Entertainment as an example. If there was no Angel, the money from the Magic City Silver Group would definitely not be the same as Baren. This is not to say that Chu Yuanxi does not need the Magic City Silver Group. He needs and needs an investor who is willing to give a high valuation and Zheng De to invest in Baren's A round. At that time, there were not so many investors who were willing to recognize a valuation of 1.5 billion valuation to raise funds for Baren.

Chu Yuanxi made various efforts to this end, gave lectures to investors, led investment in snow projects, etc., but in the end, the Magic City Silver Group, which was thousands of miles away, invested in.

Therefore, Angel made a lot of contributions and endorsements to the communication and mutual trust between the two parties in the middle, allowing the Magic City Silver Group to make this decision and recognize this high valuation that others are not willing to recognize. Finally, it is today. No matter what happens in the middle, it can be regarded as a happy everyone.

But Angel himself had nothing to be happy about. He got a little reputation, just like a scout who discovered Ronaldo and Messi. But unless he became Messi, the direct returns were very little, at least incomparable to the returns obtained by the Magic City Silver Group this year's investment.

So Chu Yuanxi felt that it was time to pull Angel over. If Zhao Jie was sold, although he would always leave Zhao Jie off with Alibaba's tone, he would not return to Baren for at least one year in a short period of time. Other colleagues from Baren Games were similar, so if you want to start a new job, you should not rely solely on Wenhui.

Angel, whose character is valuable and trustworthy, is a research and development background, knows games, has made good products, and has also made CEOs from game companies. Isn’t this a ready-made candidate?

Unexpectedly, when his brain circuit was spinning, Anqi also thought a lot and asked: "Are you talking about the old business? Or is it a game or an investment? Actually, I think it should be OK for me to invest."

Speaking of this, he lowered his voice, looked at the three investors over there, and whispered: "At least it's not as good as Li Jing Feicai. I just lack startup capital. Why, you invest hundreds of millions of dollars to let me start it?"

—————

Let me recommend this book again, Cheng Zhi's "The Grand Tutor of the Prosperous Tang Dynasty".
Chapter completed!