Li Mu's mind turned over the financing records of Tengxun in his previous life.
In fact, the financing process of this company is very simple and clear. At the beginning of his business, in order to raise operating funds, Ma Huateng sold 40% of his shares to two companies as early as 1999. IDG and Hong Kong Yingke Digital invested a total of US$2.2 million. Each holds 20% of Tencent's shares.
According to the exchange rate of that year, 2.2 million U.S. dollars should be close to 20 million yuan.
Let’s count 1999 as Tengxun’s Series A financing, so Tengxun has never received Series B financing in history.
The equity transaction that occurred in June 2001 was not financing, but the shares acquired by South African MIH from Hong Kong PCCW Digital, IDG and even Tengxun management. This had nothing to do with financing.
However, Tengxun only relied on Series A financing to develop all the way until it was listed in Hong Kong in 2004 and directly became the first stock of China Internet. The reason is also very simple, that is, they have always had relatively abundant cash flow support.
In other words, Tengxun is a very profitable company. Their value-added services based on QQ have already been in operation and have been very successful. If they hadn't come out of thin air and diverted Tengxun's attention twice, they would have continued to do this. As they continue to develop, they will no longer need any capital investment until they go public, because they can not only support themselves, but also accumulate a large amount of cash flow for themselves.
Historically, Tengxun also used this strong cash flow to continuously expand its wings. If they did not develop Q Bar or QQ Fishing Farm, they would then develop QQ games, develop their own portals, and continuously improve QQ products. features and user experience, then test the waters of the game and find better cash cows to build a powerful penguin empire.
But the problem now is that the current development trajectory of the Internet is no longer what it was in the previous life. There is a huge BUG in the current Internet industry, and this BUG is Li Mu.
Li Mu originally only planned to develop YY to seize the instant messaging market, but he did not expect that Tengxun would target him. In the past, there was a Q bar that imitated Tieba, and later there was a fish farm that imitated the farm. Therefore, Li Mu superficially stuck to his two star products, but secretly However, he used the technology and product reserves he had already accumulated to drag Tengxun into a vortex similar to the arms war between the United States and the Soviet Union during the Cold War.
At the same time, YY, who secretly crossed Chen Cang, was about to achieve success.
Li Mu began to look forward endlessly to the day when YY would go online, and what kind of state Teng Xun would be in at that moment, and what kind of struggles and reactions he would make.
This is like a country sending a large army to invade a neighboring country twice in an attempt to seize its territory. After failing twice, they planned a third attack. When they retreated again after being defeated for the third time, suddenly, I found that my country had been occupied by a neighboring country.
This feeling is very refreshing just thinking about it.
After carefully sorting out the history of Tengxun, Li Mu also set a goal for himself: Makino Technology will not raise funds within two years, but must rely on strong profitability to achieve complete self-sufficiency!
YY has many value-added services, including YY membership, YY space yellow diamond, YY game blue diamond, YY pet pink diamond, YY show mall, etc.;
The value-added service of YY Games is very simple, which is to recharge Happy Beans. However, Happy Beans are suitable for any game. This model is simply a bottomless pit that sucks money from users...
At 11:55, there was already a continuous sound of firecrackers outside. Haizhou attaches great importance to setting off firecrackers during the New Year, and the firecrackers at midnight during the New Year are particularly important. Dad Li pushed open the door of Li Mu's room and said: "Xiao Mu, go down Let's set off the cannons, your second uncle and your sister-in-law are also going to the hotel."
Li Mu nodded, turned off the computer, got dressed and went out, bringing a set of 20,000-ring firecrackers. Except for his grandparents, everyone in the family came downstairs. Li Mu put the whole plate of firecrackers on They spread it out on the roadside, lit a cigarette and ignited the cannon. After a crackling explosion, everyone wished each other a Happy New Year.
The sound of firecrackers bids farewell to the old year. For traditional Chinese people, the new year begins after midnight.
Li Mu's mobile phone text messages started ringing non-stop, most of them were classmates, and a few were his core employees.
Su Yingxue sent a text message: "Happy New Year!"
Li Mu replied: "Happy New Year, my dear, are you free tomorrow? I miss you."
Su Yingxue said: "I miss you too, but I don't have time tomorrow."
Li Mu asked: "When will you have time?"
Su Yingxue said: "Tomorrow I'm going to my relatives' house to pay New Year's greetings and eat dumplings in the evening. And I have to go to my grandma's house for dinner on the second day of the Lunar New Year. My aunt's family is coming from Yanjing on the third day of the Lunar New Year. They have been very busy these days, but I will definitely find a way to find time. I’ll accompany you, but I may not be able to accompany you to dinner.”
Li Mu said: "Anything is fine, it depends on your time schedule."
Zhao Ziqiu also sent a text message: "Happy New Year, little gangster."
Li Mu smiled and replied with his fingertips: "Happy New Year, Da Mi Mi."
Zhao Ziqiu took a few minutes to reply: "Do you miss them?"
Li Mu was dumbfounded. When did Zhao Ziqiu become so bold
Although he was surprised, Li Mu quickly replied: "Yes, I have missed you for a long time since we said goodbye at the airport."
Zhao Ziqiu replied: "Then come to Hangzhou to meet them!"
Li Mu replied: "I want to go, but I probably won't be able to leave."
Zhao Ziqiu replied: "You can bring your uncle and aunt with you."
Li Mu said, "Hey, my grandparents are at my house. They won't be able to leave, and I can't run out alone."
Zhao Ziqiu replied: "Then just be a good baby at home and miss them for a while longer. I will meet them again after returning to Yanjing."
When Li Mu was teased like this, the scene in the car that night was all in his mind. A fire in his lower abdomen quickly sank to his crotch. This fire failed to retreat even when he was lying on the bed...
On the first day of the Lunar New Year, the first thing I do when I get up is pay New Year greetings to my grandparents, parents, and parents. .
After breakfast, Li Mu went out to go to his uncle's house to pay New Year's greetings to his grandparents. He met his uncle and aunt's family downstairs. The two families came together today to pay New Year's greetings to Li's father and Li's mother. Li Mu said hello to them and then I drove to my uncle's house.
At the same time, Kong Lingyu remotely directed the core technical team of Happy Farm and silently began to prepare for the update of the new version.
Since Happy Farm is already a game with tens of millions of users, there is a lot of technical preparation work to be done to ensure the smooth update of the new version. Therefore, even Li Mu is not sure about this time point and can only tell Kong Lingyu four One word: as fast as possible.
When the opponent Mou Zujin attacks with all his strength, being able to give the opponent a strong counterattack in the shortest time is the best way to highlight one's own strength and damage the opponent's morale. Li Mu wants to let the people of QQ Fishing Farm understand that and be happy The farm's technology and product development are more than an era ahead of them, and it's impossible to catch up no matter how hard you run.
…
On the first day of the new year, CCTV has three channels that rebroadcast the normal Spring Festival Gala at different times. The simple plan is popular, the most popular sketch is also popular, and QQ Fishing Ground is also popular to a certain extent.
In 2002, the people were still very naive, and they did not understand the many routines of later generations. Ten years later, when the people see a certain brand in any sketch, article, film or television drama, they will immediately think of the word implant. But most people today really don’t understand the meaning of this.
Most people think that the big scam is really interesting, and they actually play games like QQ Fishing Ground that only young people can play.
QQ Fishing Farm, which had already dropped to 10,000 daily active users, started to show signs of recovery after the Spring Festival Gala. As of 6 p.m. on the first day of the Lunar New Year, QQ Fishing Farm’s daily active users reached 1 million, an increase of 20 times.
Many users who had played QQ Fishing Ground before but gave up on it came back to take a look because of the Spring Festival Gala and found that the game had been greatly improved and progressed. It looked quite interesting. In addition, there were also friends in the friend list who were active. So I tried to play it.
Tengxun is very satisfied with the response internally. They spent millions of funds and special relationships to win ***'s one-sentence advertisement. During this period, the new version of QQ Fishing Ground was developed in a closed manner, which also cost a lot of money. With a lot of their technical development capabilities, it can be said that Tengxun has put a lot of effort into this game. They need this game to return to the level of one million daily users, and they also hope that this game can bring them daily Six-digit or even seven-digit recharge turnover.
For this new version of QQ Fishing Ground, Guo Haiming replaced the previous product manager and hired an architect from South Korea with a high salary. At the same time, he transferred QQ’s product manager. The two worked together to create today’s QQ Fishing Ground. , Guo Haiming is very satisfied with this new version of QQ Fishing Ground. With the new processing system, the game experience is instantly more three-dimensional and more fun to play. Now the team is still developing more processing props and working hard to make the game more fun. More fun.
If it weren't for the express train of the Spring Festival Gala, Guo Haiming would not let QQ Fishing Farm be updated at this time. Instead, he would wait another half a month for the processing system to be developed more fully before going online. However, he still adopted Mr. Ma's suggestion. The current QQ Fishing Farm has been greatly improved compared to the previous version. In addition to imitating those elements of Happy Farm, it also has its own unique new elements. Although the new elements are not mature enough, the Spring Festival Gala only happens once a year. , if you want to counterattack Happy Farm, you must seize this opportunity.
Just ten minutes after six o'clock, Guo Haiming had compiled a data report from the launch of the new version to the present and sent it to Mr. Ma via email. Then his wife came to the study and said: "Dear, the dumplings are cooked, come out and eat them." .”
Guo Haiming, who was in a good mood, nodded and came to the restaurant with his wife. His three-year-old son was already holding a bowl and nibbling the large stuffed dumplings in the bowl with a spoon. Guo Haiming sat next to his son and picked up a dumpling with chopsticks, smiling. He said: "I'll try first to see if my wife's craftsmanship has deteriorated."
After saying that, he put the dumpling into his mouth and was about to bite it when his cell phone rang in his pocket.
When he took it out, he saw that it was his technical person in charge. After answering the phone, Guo Haiming did not expect that the other party would say in a voice that was almost crying during the Chinese New Year: "It's over, Mr. Guo, those bastards from Happy Farm are doing it again." Mom updated..."
(End of chapter)