Chapter 69 Ten Thousand Capital
Takahashi was also a little surprised when faced with such an unexpected emergency.
With the grand game of "Legend", it is a great talent, and its decision-maker Chen Tianqiao is also an absolute talent.
However, compared to Shanda Game, which is still a rookie, Wanhu still has many advantages, such as first-mover advantage, and more wealthy.
Takahashi has no intention of fighting with Shanda Games, nor has the idea of acquiring Shanda Games.
If you fight on the arena, it will drag the development of Wanhu's other businesses, and it also feels like you are killing the chicken. The acquisition of Shanda Games also faces a problem, which is that Shanda Games' operating style is not the same as Wanhu, who likes to create reputation, but likes to make quick money.
The players of Shanda Game are like hens, and they will be killed by Shanda Game to get eggs until they don’t play Shanda Game.
I don’t want to do these two options, and there is a third option, which is to invest in Shanda Games.
Although Shanda Games is the first profitable Chinese Internet company, it is still very short of money and requires financing channels.
Traditional commercial banks are not willing to invest in Internet companies. Other organizations and individuals who are optimistic about Internet companies have no money.
Therefore, Takahashi ordered Wanhu Group to establish a new subsidiary called Wanhu Capital. The operating scope of this subsidiary is to invest in various companies. And its first battle is to invest in Shanda Games.
Start-up entrepreneurs will encounter a problem. They know that their company has a promising prospect, but they cannot expand their operations because they lack money.
On the other hand, the competitors are still eyeing you. If you develop slowly, he will want to swallow you in one bite.
Therefore, although we know that the company has unlimited prospects, we still have to look for investment.
The first dynasty of the electronic game industry, the Atari Dynasty, was valued by Time Warner during its expansion period and gradually stole the corporate operation rights of the founding team, and finally turned Atari, a company that went from 500 to 5 million US dollars a year, into a sinner in the history of American video games.
The newly established Wanhu Capital found Chen Tianqiao and proposed to invest in Shanda Games.
Although Shanda Games urgently needs funds for expansion, there is a folk saying that it is not a business to do it.
Wanhu Capital was actually at a disadvantage when it found Chen Tianqiao, and Chen Tianqiao took the opportunity to raise the price of Sachs Games.
Investing is actually similar to buying vegetables. What you pay is money, what you buy is shares, and you bargain, you are willing to do it. If you like it, you can also go around some green onions.
However, unexpectedly, Wanhu Capital did not bargain as Chen Tianqiao thought, but directly gave a set of numbers, 10 million US dollars, 25% of the shares, without interfering in daily operations.
Then, there was no sound.
While the choice was placed on Chen Tianqiao, the pressure was also placed on him.
Although the ten million US dollars are settled in RMB, it is not much, and it is almost 100 million to convert it into RMB.
Although the point card charges for "Legend" can also have millions of cash flow per month. However, there is almost nothing left in this cash except for renting servers and channel promotion.
Now other Internet companies have begun to imitate Shanda's point card system.
Compared to the game "Legend", Chen Tianqiao cares more about this point card system based on Internet cafes.
Because this symbolizes a charging channel, with this channel, you can not only have a "Legend", but also constantly copy "Legend".
Even if other game companies want to release online games, they must use Shanda's point card promotion system. At that time, Shanda Games can directly rely on this point card system for commission.
Players buy ten yuan points card and remove 40% of the shares from each channel. Shanda Games can still divide at least 30% of the money they fall into the hands of the game operators. The money they will fall into is roughly 20% or 30%.
"Just agree..." After several days of thinking, Chen Tianqiao decided to agree.
The reason he agreed was that he owned Wanhu, who owned the Stone Age, also owned the Internet cafe point card promotion system, but because of the low share, his popularity was not as good as Shanda point card.
However, recently, news from the point card channel dealer has reached Chen Tianqiao's ears. It is said that tens of thousands of households need to increase the channel share and vigorously promote tens of thousands of households.
When Chen Tianqiao thought that if he wanted to give him ten million US dollars to lay a point card system of ten thousand households, he would probably not have room for his grand point card to survive by then, and even the number of active users of "Legend" would be greatly reduced.
Therefore, he finally agreed to the investment of ten thousand capitals.
News that tens of thousands of households bought 250,000 percent of their shares immediately appeared in major news media in China.
Although investment is not large compared to Silicon Valley in the United States, it is the largest Internet investment in China.
Moreover, this also means that Wanhu Capital believes that the overall valuation of Shanda Games has reached 40 million US dollars, which is more than 300 million RMB.
There is only one grand game with "Legend", how can Hede have such a high valuation?
Some media praised Wanhu Capital's spirit of being the first in the world, while others began to criticize Wanhu.
Wanhu Capital does not value praise and criticism. An investment of 10 million US dollars is like a heavy blow, which has caused a sensation in the entire Chinese Internet industry.
Wanhu's high-profile investment in Shanda Games also tells these Chinese Internet companies that if you want to find money, you can come to Wanhu's capital.
Sure enough, just a few days after the news came out, various Internet companies began to find tens of thousands of capitals.
For a time, ten thousand capital became the hot topic of discussion in the entire Chinese Internet circle.
Ten thousand households of capital are also welcomed. Basically, as long as the company comes, you can get some venture capital more or less. Even necessary investigations can be made up for later.
In this moment, Wanhu Capital was labeled as "silly, with more money, come quickly". Wanhu Capital was also happy to be this "subordinate".
In the Chinese Internet circle, when Shanda Games only makes profits, many Internet companies regard tens of thousands of households as the fastest way to make profits.
People from Wanhu Capital also have a headache. The alcohol that they have to drink when drinking Maotai every day is poisoned.
They also wondered why their big bosses had to spend money like this? Is it really because they had too much money and couldn't spend it?
As for Takahashi's idea, his idea is very simple. According to the development speed of China's Internet, he will make profits soon and will never lose money.
Chapter completed!