Chapter 129: Musical.ly
Chapter 129: Musical.ly
The next day, the hot
He hoped to receive venture capital investment, and it just so happened that Lu Liang had an excellent reputation; to date, there was no talk of him meddling in company operations.
Ofo, Mobike, Panda, and even Xia Luo, it was said, were all about investing money and overseeing the flow of funds, without interfering in anything else.
One could say he was the dream angel investor for countless entrepreneurs—a true angel and investor.
Lu Liang smiled lightly, looking at the equity distribution plan. The registered capital was 5 million, with Yang Zhenyuan contributing 2 million, Zhou Xiaoyan contributing 1 million, and a funding gap of 2 million remaining.
Seeing Lu's puzzled look, Yang Zhenyuan explained, "Mr. Lu, Zhou Xiaoyan is my wife. She won't hold any position; she's just helping me to hold some equity."
The more formal the enterprise, the more it avoids mixing personal affairs with public business. Having a husband-and-wife team is a big taboo.
He had worked at Baidu for eight years and at ByteDance for three years, you could say he witnessed the development of the internet in China.
He had achieved financial independence a long time ago. He offered Lu Liang a 40% share because he hoped to gain his support.
After all, his personal assets, even including fixed assets like his house and car, totaled at most 40 million.
When the company develops to a certain scale, it must introduce other capital institutions such as Redwood, Ali, Tencent, and Goldman Sachs.
Some are amenable, like Tencent's investment, which is mostly a hands-off approach, but others are more assertive, like Ali's investment, which wants to control everything.
Yang Zhenyuan needed someone who could balance them out. Tianxing Investment was his best choice, even though its scale wasn't even comparable to a single hair of these two giants.
But Tianxing had Lu Liang, as well as Tianxing Assets. But Tencent and Ali might not have such leverage.
With the rise and fall, there was still some strength to compete.
Lu Liang pondered, gradually revealing a smile, "Mr. Yang, I look forward to the day when Douyin implements its grand blueprint."
Even without a sound prediction, he had decided to invest, because Yang Zhenyuan's venture was all because of him.
Past events had proven that the more he interfered, the further things deviated. Douyin was a company that came out of nowhere; it could flop, or it could become a unicorn.
2 million was invested,
Lu didn't want a repeat of Mobike's fundraising stories—a company with great potential.
But due to a lack of strength at the time, Mobike could only follow behind Redwood, picking up the scraps.
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