Mission Flow

After Wan Yan and Shen Nanpeng finished their meal, they drove back to the hotel outside Fudan's main campus. Wan Jianfeng, the general manager of Thunder Entertainment; and his good friends, Yin Youyue, sister You, who returned from studying in the UK, and Yu Lan, sister Lan, who has a deep background in Beijing and a well-known lady, are waiting for him.

Yin Youyue is tall and tall, about 171cm, elegant and picturesque, with long hair fluttering, and asked with concern: "Xiaoyan, how is the situation?"

Wan Yan is 20 years old, 1.83 meters tall and handsome. He is from Haizhou, his father is a civil servant, and his mother is a businessman. He has achieved something in the local city. Therefore, when he was in college, he was able to create a thunder entertainment.

Wan Yan shook his head gently, sat on the sofa in the living room, and said in a depressed mood: "Sister You, President Shen suggested that I bow to Dragon Ball Live and seek cooperation. Otherwise, the valuation of Thunder Entertainment will continue to drop. Because in a short period of time , Huya cannot surpass Dragon Ball Live.

With the development of the Dragon Ball live game business, they will surpass YY, and 9518 will become the platform with the largest number of daily active users. According to the logic of the current Internet industry, even if it does not make money, as long as it has daily activities and scale, then this enterprise is valuable. "

Yin Youyue frowned slightly. ,

Wan Jianfeng rubbed his face.

The famous lady Yu Lan said: "Xiao Yan, don't listen to him. You do what you want. We all support you!"

Wan Yan smiled wryly and said, "Sister Lan, I think Mr. Shen's subtext is that if I don't cooperate with Dragon Ball Live, Red Bin China won't endorse Thunder Entertainment's valuation!"

His company has yet to raise funds.

The valuation is an assessment made with the help of Red Bin China, and the financial circle here in Shanghai also recognizes Red Bin China's assessment report.

Saying that, Wan Yan sighed softly, "I'd better find a chance to chat with that President Cao. To be honest, if he changes the target of poaching from Liujianfang to Thunder Entertainment, my company may collapse immediately !"

The female anchors of Thunder Entertainment are good-looking and skilled in business, and they have done a good job on all major live broadcast platforms. But to say that they do not aspire to be actors, do you think it is possible? I'm afraid there will be a swarm of bees running away. Moreover, as a brokerage company, his deterrence to female anchors is far less than that of the platform! The platform can settle by card revenue.

Yin Youyue pondered for a while, then said: "Xiaoyan, I know Cao Su's assistant Leng Yutong, look back and see if there is any chance in these two days."

"Sister You, thank you!"

Yin Youyue laughed and shook hands with him, "You're welcome!"

Yu Lan showed no inner emotions on her face.

…

…

When you arrive in a city, you should first live in a hotel, preferably a presidential suite, so that there is a service team to guarantee the logistics. Then go on to work. Cao Su was already familiar with such a set of procedures, and was a little numb.

Therefore, on the night of the 9th, Song Jingying and the others were cleaned up, and the signing began the next morning.

The financing signing ceremony was held by Cao Su in the multifunctional conference room on the third floor of the Shangri-La Hotel on the Bund. There are three venture capitalists participating in the A-round financing: Red Bin China, Hillhouse Capital, and GSR Ventures.

There was no media present, but Dragon Ball Live and the staff of the three venture capitals were taking pictures and commemorating the event.

Cao Su sat in front of the rectangular conference table, picked up a pen, and signed the financing contract that had been reviewed and confirmed by many lawyers. With the help of the financial staff, he signed his name one by one!

He suddenly understood why some bosses had to resign the company's legal representative after retirement. Otherwise, the workload of signing will be terrible! I heard that some state-owned enterprises use young people as legal representatives for the convenience of signing.

Shen Nanpeng from Red Bin China, Zhang Lei from Hillhouse Capital, and Zhu Xiaohu from GSR Ventures signed their names one after another.

The subordinates are by the side, ensuring the smooth signing process of the bosses.

"Mr. Cao, congratulations!" Shen Nanpeng put down his pen and shook hands with Cao Su.

Cao Su smiled and shook hands with him: "Boss Shen, happy cooperation!" This was the second time he met Shen Nanpeng. The first time I talked with him about various issues in the live broadcast industry for two hours in Shencheng.

This big man in the investment field is currently quite famous in the country, and he is called Bainuo, second only to bat.

To be more precise, it is second only to the investment departments of Ali and Tencent. Because Hongbin Capital does not have as much money as these two! Now all the last rounds of venture capital for startups are called "bat" rounds! In fact, there are two.

As for Baidu, the former Internet leader, in January 2014, it showed a decline. They didn't do what Google achieved in the US!

In the current fierce battle between Didi and Kuaidi, the capitals of Tencent and Ali are the leaders. This is enough to illustrate the problem. Baidu is slipping from the throne just relying on the old-fashioned business of search advertising!

Zhang Lei from Hillhouse Capital and Zhu Xiaohu from GSR Ventures came over to shake hands and greet Cao Su. This is the first time we meet each other.

Zhang Lei is also very well-known in the investment community. He also graduated from Yale and once invested in Tencent and JD.com. In 2005, Tencent's market value was only US$2 billion. Hillhouse Capital invested $20 million.

But..., some information about Hillhouse Capital was vaguely searched on the Chinese Internet. Go and find out who this person studied at Yale University, and you will understand if you have an intersection with that circle. The funding source behind this person is the Yale Foundation.

We need to have a concept. First, startups need venture capital. It is the so-called vc. Where did the venture capital money come from? Don't say he got it by selling his previous company shares himself!

That's not the point of being a venture capitalist. The money of venture capital companies is obtained from various funds, such as school funds, family funds, sovereign funds of oil companies, etc., as well as various rich people themselves.

For example, Morningside Capital, which invested in Xiaomi, is behind the money of the Chen family in Hong Kong Island. Their home is more famous in Plaza 66 in Jinling!

Zhu Xiaohu of GSR Ventures became famous in the domestic venture capital circle because of his investment in Didi. Of course, he is not yet a big player.

In the venture capital world, there is still Xu Xin from Capital Today, a big player. It is the Bole of Jingdong Daqiangzi! And the famous idg, the person in charge is Xiong Xiaoge.

Shen Nanpeng smiled and said: "Mr. Cao, I prepared a dinner at the restaurant on the Bund at noon to celebrate our cooperation. Everyone went to participate. After talking with you about the live broadcast industry in Shencheng last time, I benefited a lot! We ate together chat!"

His assistant confirmed with Dragon Ball Live, and it's over once the contract is signed. No other business activities are scheduled. Because it's almost ten o'clock now. But this is not acceptable!

In business, the most important thing is to communicate with people.

The point of view he said in front of Wan Yan actually came from Cao Su in the core department. The profit of the live broadcast industry is in the show, and the traffic is in the game. With the current industry model, if you want to stay ahead, the key lies in the game!

Zhang Lei said with a smile: "Mr. Cao is a front-line operator in the live broadcast industry. Old Shen said so. I really want to hear your opinion!"

Cao Su said humbly: "You two love me. I'm just a little opinion!"

"Ha ha!"

Shen Nanpeng said: "Let's go, let's talk at the dinner."

…

…

Song Jingying, who was in charge of the personnel and finance of Dragon Ball Live, stood beside Cao Su with a smile, watching him communicate freely with the people in charge of the venture capital.

Her ex-husband's family can be described as a rich family, but if you really talk about wealth, I'm afraid it really doesn't have 200 million US dollars.

And he did it in less than half a year. It's really admirable!

Although there is a difference between wealth on paper and actual wealth, but this kind of talent, such ability, which woman can meet and not admire? She has watched the Dragon Ball live broadcast all the way to this point, and she has a brighter future ahead.

Cao Su has a very precise grasp of the development of the live broadcast industry. Even though his current energy is already engaged in film and television, the entire Dragon Ball live broadcast is still moving forward according to the strategy he set! He is the leader!

Leng Yutong was standing next to Song Jingying. She was 1.77 meters tall. She leaned over and smiled and said, "Sister Song, keep your gaze down. Someone from the company is taking pictures."

Financing, usually a message will be sent. Or, hype it up. But it won't make much waves in the media. Ordinary netizens will not pay attention to these messages.

However, with the blessing of venture capital stars like Hongbin China, coupled with the performance and growth rate of Dragon Ball Live, this is almost skyrocketing!

The future of Dragon Ball Live is, at worst, a unicorn. He did just that.

The industry should also be shaken.

Song Jingying is a twenty-six-year-old beautiful young woman. She is not shy like a girl. Instead, she gently brushes her hair at the temples with her little finger. She smiles elegantly and elegantly, and the appreciation in her eyes is still hard to hide.

…

…

Shen Nanpeng booked a box in the restaurant on the Bund, and the teams from the four companies took their seats one after another. After serving the food and wine, Shen Nanpeng, Zhang Lei, Zhu Xiaohu and Cao Su chatted while eating.

Because Dragon Ball Live is the active party in this financing, 20 million US dollars is only 10 shares, plus a seat on the board of directors.

Talking about the topic of live broadcast, Zhang Lei asked with a little bit of school examination: "Mr. Cao, what do you think of the prospect of Dragon Ball live broadcast?"

Cao Su did not simply answer the listing. This is a truth that everyone understands. Now that you accept venture capital, even if the founders and the team don't want to go public, that's up to you. VCs want to cash out.

Moreover, he has already detected it with [Project Detector], and the business of live broadcasting will not last long. It will decline in five years, and the traffic will gradually be occupied by short videos.

His goal is not to use Dragon Ball Live as his foundation in the Internet industry. He gave up to Li Hangyi from the very beginning. The two fields that can be used as the foundation are social e-commerce and short video social networking.

"I have observed that most of the Internet companies in these years have one thing in common, that is, they will die in three to five years. The outlet for capital will shift quickly. After the tide recedes, if there is no profit, then life will be very difficult."