1198, B round investment
ps: Today's update, don't wait for the second update :)
Throughout May 2002, Wang Bo was busy with two things.
The first thing is naturally the "First Blog Essay Competition" that is highly concerned and eye-catching by the entire literary world, literary circle, and primary and secondary school students. The company's technical department first selected the first time, and drew 99% of the manuscripts with the words "Blog Essay Competition" with a total of hundreds of thousands, and finally only articles with the most comprehensive popularity value of the top 1,000 are left!
A prize-winning essay contest attracted hundreds of thousands of people to participate. This is probably a record-breaking essay contest held in China!
For the remaining 1,000 articles, they conducted another manual screening, and copied the articles that were only popular but not literary, and were just a simplified figure. In the end, there were 500 copies left to enter the final first, second and third place finals.
Wang Bo handed over the final election for the first, second and third place to professionals, that is, through him and Li Qing's face, the five celebrities and bigwigs from mainstream circles in the literary world, literary world, education world, publishing world, etc., are:
Yu Hua, a well-known writer representing the literary world;
A well-known scholar and literati Yu Qiuyu, who represents the knowledge circle;
Zhao Changtian, editor-in-chief of "Bengbu" who represents the publisher;
Cao Wenxuan, a well-known Peking University professor who represents the education field;
Finally, Tielin, the chairman of the China Writers Association, representing the official.
These people are the royal judges of the "New Concept Composition Competition". Wang Bo, who came out of the "New Concept Composition Competition", has become the most important and dazzling banner of the "New Concept Composition Competition". At the same time, according to the traditional Chinese viewpoint, to a certain extent, he is also the "good disciple" of these celebrities. They are his "teacher" of Wang Bo and Wang Zi'an. In the "New Concept Composition Competition", he "selected" him as the "top top scorer" and made him famous in one fell swoop and gain both fame and fortune. This is to "recreate the same kindness" for him and have "gratitude to know the favor"!
Now, Wang Bo has made such a big noise in China, and has attracted national attention to the essay competition and grandly invited them, such "educational masters", to be the final judges. If they don't look at monks and Buddhas, they will also make a fortune for their disciples!
Besides, Wang Bo, who has achieved success and fame, is now considered their own people. No matter whether he is famous or wealth in China, he is not weaker than them, or even much stronger. In any sense, except that he is not as old as them, he is not as old as them in some aspects, and others are fully qualified to be on an equal footing with them! People are caring for others in the flower sedan chairs, and now they are given to the other party. In the future, if you ask for the other party, the other party will give you face!
Moreover, the judges who participate in this competition with great influence and high exposure are not only good at eating, drinking, living, playing, and playing, but also good at maintaining and consolidating their fame and status in the literary world and society!
Anyway, hello, I, everyone, there are many benefits!
After the "Blog China" ended on May 7, the "first blog competition" entered a tight review process. They first chose the first, then asked the judges to re-select, and finally determined the ownership of the first, second and third place!
During this period, Wang Bo needed to personally inquire about the food, clothing, housing and transportation of several heavyweight judges, as well as appropriate leisure and entertainment during the review period. For this reason, he also recruited five dignified female volunteers from outside C for a high price of 100 yuan a day to be assistants to the five judges, caring for their food, drinking, defecation and urination, and after working during the day, he acted as a guide for eating, drinking, and having fun at night and traveling to the double celebrating night.
Five judges, one judge was responsible for one hundred articles. After three days of continuous combat, the review was finally completed on May 11th.
As soon as the review was completed, the award results were announced on the official website of "Blog China" on the same day, and the winners were notified to go to Nan'an District, Shuangqing City three days later to receive the award "Hide Hotel", not far from the headquarters of "Blog China"!
During the days when the winners traveled across mountains and rivers and traveled thousands of miles to receive the award, Wang Bo personally accompanied the five judges who worked hard and worked hard for three days and arranged for them to take a short two-day tour around the Shuangqing area. Considering that the literati like to recite poems and be artful, they cooperated with them in the past few days and gained their favor and love for several beautiful C outsiders, of course, they were also among the peers.
At 9 a.m. on May 14, the second floor conference hall of the "Hide Hotel" was decorated with lights and shining brightly. The award ceremony of the "First Blog Essay Competition" that has attracted attention from the nationwide "First Blog Essay Competition" officially kicked off.
In addition to the contestants, judges, organizers, organizers, leaders of the Cultural Bureau and Writers Association from both the district and municipal levels, there were also media reporters from all over the country, especially local media reporters from Shuangqing. Those who were slightly well-known came. Shuangqing TV Station, Nan'an District TV Station, and Shuangqing Satellite TV Station conducted on-site reports on the award ceremony.
From planning to execution, and finally, after the "first blog competition" that ended successfully in a sing and dancing, "Blog China" relied on Wang Bo's unexpected combination of punches. Although he was young and had no experience, he corrected his mistakes when he knew his mistakes, corrected his mistakes, and had super execution. Finally, in the midst of the extremely tragic siege of the young "Blog China" and the extremely tragic siege of the young "Blog China"! Regardless of the number of registered people, the number of active people per capita, the number of celebrities in social celebrities, and the influence and radiation in major mainstream circles, they all left several followers behind!
Wang Bo, who has been busy and worked hard for several months, now he has finally breathed a sigh of relief after seeing the end of the "Blog Competition" and the dust has settled. After "Blog China" finally "attacked the Central Plains", he can finally breathe a sigh of relief. The Internet is a place where winners take all, and now "Blog China" has achieved a significant leading result. As long as the team does not commit suicide, does not seek to make contributions but does not seek to make mistakes and operates according to his established policy, the gap between "Blog China" and other similar blog platforms will only grow bigger and bigger, and in the end, it will lead later generations only know "Blog China" but not others when they think of blogs, just like the "New Wolf Weibo" in later generations.
The "Blog China" emerged and withstood the pressure, and stood out after the "Blog Competition". Then the joining of Xiangjiang "Little Superman" directly brought a new wave of investment to "Blog China".
The second thing Wang Bo was busy in May was to deal with major venture capital and capital entities interested in "Blog China". After nearly half a month of contact, negotiation, fighting and tug-of-war, by the end of May, Wang Bo once again sold 30% of the shares of "Blog China", and exchanged 15 million US dollars from three famous international venture capitalists, DFJ (DJIFong, successfully investing in hotmail, skypy, Baidu, etc.), IG (American International Data Group, investing in Tencent, eBay, Dangdang, etc.), and Sotbank (Japanese SoftBank, the most famous transaction, Alibaba, China)!
Of the 15 million US dollars, 20% were Wang Bo's private transfers, and the remaining 10% were achieved through equal proportional reductions of shareholders, including himself, to increase the company's cash flow for development.
In this way, together with the 10% transferred to Li Kai, after two equity changes, Wang Bo has changed from an absolute controlling shareholder who originally held 80% of the equity to the largest equity holder of 43.75%.
At this point, "Blog China" has a total of seven shareholders, four of which are institutional holdings and three are natural person holdings, with the shareholding ratio as follows:
The largest shareholder, wholly owned by Wang Bo, holds 43.75% of the shares;
The second largest shareholder, dfj Dejiefeng Investment Company, holds 10% of the shares;
The second largest shareholder, idg International Data Group, holds 10% of the shares;
The second largest shareholder, SoftBank Group, holds 10% of the shares;
The third largest shareholder, Li Kai of Xiangjiang, holds 8.75% of the shares;
The fourth largest shareholder, Tang Jian, holds 4.375% of the shares;
The fourth largest shareholder, Chen Zhiping, holds 4.375% of the shares;
The fourth largest shareholder, Li Hu, holds 4.375% of the shares;
In the end, there is still 4.375 left, which is still used as a maneuver to reward senior personnel who have made outstanding contributions to the company.
The first person to receive the option reward was Li Qing, who had only joined "Blog China" for only one month. In the past month, especially during the blog competition that was busy, Li Qing withstood the severe test with her hard work and dedication, and won unanimous praise from the four founders Wang Bo, Tang Jian, Chen Zhiping and Li Hu. After the four of them discussed and decided to give Li Qing a 1% option reward.
Of course, Li Qing’s 1% option reward is not immediately available, and there are many prerequisites, such as if it takes effect after one year and cannot be transferred within three years. After three years, when he wants to transfer, other shareholders have the right of first refusal, etc.
Thank you very much for the reward of "kak" 2,000 starting coins!
Thank you very much for the reward of 1,000 starting coins from “kevinzkr”!
Thank you to the reward of "A Xin Comes to Look for the Blind" brother for the 500 starting point coins!
Thank you to Magic Gate OG, sister-in-law, please let go, inglove, my son Zi Yuwei, Magic Lin Falcon, martial artists in the book, and the 6 brothers and sisters for their affection!
Chapter completed!