My Age of Investment

Chapter 379: Integrate Android (seeking monthly pass)

  Chapter 379 Integration of Android (seeking monthly ticket)

  Jack Ma has returned to China, and three employees of Liqiu Fund, including Duck Neck, accompanied him.

  The three are going to Ari in Lin'an to start a series of tedious due diligence work.

  Xia Jingxing did not return to China with him, he let Zhang Chen drive to the Android company.

  Android has completed all due diligence and signed a formal acquisition agreement with Envision Capital to complete the equity change.

  In addition to paying 50 million US dollars in equity acquisition, Envision Capital also injected the first development fund into Android, which is also 50 million US dollars.

  The reason for not injecting more funds is that the current Android company is limited in scale and requires a gradual development process.

  50 million US dollars, for the current Android, it is actually quite abundant.

  With this money, the Android company also moved away from the old, small and remote office, and replaced it with a new office space of thousands of square meters.

  The new office is located in the center of Silicon Valley, less than three kilometers away from Facebook and Envision Capital. The transportation is very convenient and the environment is good, which is also conducive to attracting more talents to join the company.

  Xia Jinghang went out of the elevator entrance, and immediately saw the green Android robot sign on the front desk wall.

  Andy Rubin had been waiting here early, and seeing Xia Jing had arrived, he hurriedly greeted him with a smile on his face.

  "Daren, this new office is amazing, and the employees love everything here!"

  Andy Rubin is also telling the truth. In the two years since the founding of Android, their founding team has almost all of their net worth.

  After unsuccessful attempts to invest, Android’s operating funds soon bottomed out.

  Their team can't wait to split a penny in half and use it to save all expenses.

  Moving to such a good office, changing to the previous ones, I can’t even think about it.

  After Xia Jingxing acquired Android, he injected 50 million US dollars with a wave of his hand, and settled all the arrears of employees' salaries, and leased a brand new, spacious and bright office to Android.

   also adjusted employee salary levels to help Android expand its R&D team.

  All of this shows that this is a very generous and ambitious boss.

  Can meet such a good boss, Andy Rubin has nothing to be dissatisfied with.

  In addition, Xia Jingxing also promised to give their team a 10% option.

  And promised that the 10% option can not be diluted if the capital injection is less than 500 million US dollars.

  Converted according to the amount of capital injection, this 10% option package is worth 50 million US dollars.

  But capital injection does not mean company valuation or market value. As long as Android develops well, the future value of this 10% option is far more than 50 million US dollars.

   Therefore, he is also very motivated to work with the team, and feels that the days are on the move.

  Xia Jingxing didn’t know Andy Rubin’s rich inner drama, everything he did, improving the working environment, raising salaries, issuing options, expanding the workforce...

   all have the same goal: to develop and launch a mature Android operating system as soon as possible.

  The small money spent right now is for the big money in the future.

   "Let’s go, after moving to a new office, I’m still here for the first time in Android. Take me to see it."

  Andy Rubin nodded repeatedly, took Xia Jingxing and started to visit Android, while visiting and introducing.

  Zhang Chenguang dressed in a suit and followed behind without expression.

   "At first we counted the founding team, there were only six people in total."

  Andy Rubin pointed to the half-filled work space in the open-plan office area, and said with a smile: “After moving here, we recruited more than 20 people, and the number of employees suddenly swelled to 30.

  Next, the recruitment work will not stop, at least another 30 people will be recruited.

  Fortunately, you have sent a chief human resource officer. Otherwise, we don’t know how to recruit and manage so many people.

  In fact, I don’t want to be involved in these management tasks. I want to devote more time to research and development.

  Swimming in the vast computer code, that’s what excites me the most. "

  Xia Jingxing gave Andy Rubin a few glances, and saw the sincere face of the other party, which did not seem to be fake, and he was relieved a lot.

  After the acquisition of Android, Envision Capital recruited and dispatched a chief human resources officer and a chief financial officer.

  In the words of the duck neck, both the purse and the official hat must be caught.

   Originally, Xia Jingxing was also worried that Andy Rubin and the team would resist this.

  But it seems that the other party did not think there was any problem, and was very obedient to the arrangement.

  The two senior executives dispatched to the station also reported that they get along well with the technical team led by Andy Rubin.

   "Where is Ricky? Are you planning to retire?"

The "Ricky" in Xia Jingxing's mouth is Ricky Milner, one of the four founders of Android, and the original CFO of Android.

  Before Envision Capital decided to send a chief financial officer, when the acquisition agreement was signed, Ricky stated that it would cash out.

  Because Ricky is not technical and not particularly indispensable, Xia Jingxing allowed the other party to withdraw.

  Andy Rubin didn’t quite understand why the boss suddenly asked about his old man, is it repentant? Want to keep Ricky?

  With questions in his mind, Andy Rubin replied: “No, he is looking for a job recently. Maybe he has to return to his old business and engage in venture capital.”

  Xia Jingxing remembers that after Android was acquired by Google in the previous life, Ricky joined Google Ventures and led many successful cases of Google’s foreign investments. He was a personal talent.

  Only let the other party do an Android CFO, which is actually a bit awkward.

  "Ask him, would you like to work at Envision Capital? I can use a fund to control him."

  Andy Rubin’s eyes lit up, and there was someone in the center who was a good official. If he didn’t know that Ricky was very assertive, he would want to help the old man agree.

  "Okay, let me ask him, is it a VC fund or a PE fund?"

  Xia Jingxing thought for a moment, then replied: “He has been a VC before, so let’s continue to manage the VC fund!”

   "Okay, I see, I must tell him!"

  Andy Rubin smiled openly.

  Although Envision Capital is not an investment institution with a reputation and a huge scale of asset management, even the fund is still in its infancy.

  But it can’t stand the founder’s strength!

  In addition, Andy Rubin also feels that it is precisely because the fund is in the early stage that there are more opportunities.

  This is the same as joining an early Internet startup company.

   took Xia Jingxing around the company a few more times. After visiting every corner, Andy Rubin led the boss into the meeting room, ready to report on the work situation.

  Xia Jingxing asked Andy Rubin to call the other two founders of Android, Chris White and Nick Sears, together.

  Four people discussed together Android's next development policy.

  (End of this chapter)