Originally, this signing ceremony was highly valued by the global media and the Internet industry, and when Li Mu announced the open platform strategy of Makino Technology in his speech, the world's attention to Makino Technology once again rose to an unprecedented height.

After the signing ceremony, Makino Technology soon officially released the "Makino Technology Open Platform - Dadi Plan" and "Makino Technology Mass Innovation Support - Seedling Plan".

Makino Technology's definition of the Earth Plan is to build the entire ecology of Makino Technology into a soil that can be shared by the whole industry, like the earth, to accommodate and cultivate various trees and crops.

The definition of the seedling plan of Makino Technology is: to wholeheartedly cultivate innovative enterprises in the Internet industry, not only to provide perfect soil, fertilizer and rainwater for the rookies in the industry, but also to escort the development of the rookies.

Among them, Dadi plans to immediately open the access to the mini games of the YY game platform in the first stage, and all game companies that are formally registered and have one or more original or exclusive copyrights can apply to become the P of the game platform, that is, the content supplier, after the application is successful, you can upload the game according to the requirements of the YY game platform, and the review team of the YY game platform will review and score the game.

YY also opened YY.com's "self-media" access, any adult individual, regular enterprises and studios, can apply for a self-media account on YY.com, and then freely create a variety of information content in line with laws and regulations, these contents will be entered into YY.com's information content library, and according to YY.com's independent algorithm to promote to different users, the owner of the self-media account can get a share according to the number of views of the content, as well as the number of ad clicks on the content page;

In addition to the game platform and YY.com, YY space's decoration materials are also fully open to third-party designers, individuals, formal enterprises and studios can apply for registration, and upload original decoration materials that meet the requirements of the platform, these materials will be sold on the YY space mall, and the sales proceeds will be shared with the creator.

In the first stage, three platforms were opened, which made the outside world immediately see the sincerity of Makino Technology, especially the YY game platform, which has exceeded 70 million in a single day around the world, and is still growing rapidly, of which the overseas market accounts for 0% At that time, the number of games on the YY platform will surge, as long as YY itself does a good job of checking and only selecting excellent games to promote to users, the attractiveness of this platform to users will rise to a new level in the future.

For a time, the whole world was amazed by the courage of Makino Technology.

Li Mu attaches more importance to the seedling plan, and he decided to spend at least 5 billion yuan a year to invest in projects in the Internet industry, from the angel round to each stage of financing in the later stage, Muye Technology is willing to participate, as long as the project is good enough!

As far as the team that picked up the point, a high-level team that created a new industrial model, plus an industry-first platform, was sold for 2 million US dollars in packaging, 5 billion yuan I don't know how many such teams can be invested and acquired, and 5 billion yuan is invested every year, it seems that this expenditure seems to be very large, but in fact, this expenditure is very cost-effective, and it will not take two or three years, most of the Internet companies in China will either be directly held by Makino Technology. Holdings, or indirectly held by funds controlled by Makino Technology.

Moreover, if Li Mu is willing to share the dividends of his investment, he can use these billions of yuan to cooperate with banks and other funds, and with a little leverage, he can revitalize at least two or three billion yuan of funds.

The way for individuals and enterprises to apply for investment in the seedling plan is also very simple, the seedling plan has opened its own exclusive page on the YY network: yuia.yy., after entering the page, you can directly apply for project investment, Makino Technology classifies the application according to several key data, and the main data is the applicant's valuation of its own project and the amount of financing.

Makino Technology internally divided the project into a\\b\\\\\d\\ These five gears, the lowest level is the application investment amount of less than 500,000 yuan, or the total project valuation is less than 5 million yuan; D file is the application investment amount in the range of 50-3 million, or the total project valuation is in the range of 500-30 million; grade is the investment amount of 300-000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000。

According to such a five-level setting, the projects that apply for investment can be screened and classified according to five different meshes, each gear corresponds to at least one investment team, and then the entire seedling plan sets up an investment committee, no matter which gear team of the project, after passing the evaluation of its own team, it will be reviewed by the investment committee, including Li Mu and all the core executives of Muye Technology are one of the members of the committee, absolutely in most cases they do not participate in the review, but if they encounter major projects, each of them may participate in it。

As soon as this seedling plan came out, domestic Internet entrepreneurs seemed to see spring all of a sudden.

In this era, China has just joined the WTO, and the domestic capital play has just begun to be in line with international standards, but this is like the convergence and integration of two ocean currents, and it still takes time to promote step by step, so at this stage, there is still a big gap between the capital operation mode of domestic enterprises and the field of international capital, and the most obvious one is that there is no large-scale venture capital institution cultivated in China.

If someone wants to start a business in Silicon Valley, no matter whether the financing can be successful or not, but as long as he takes out a BP, he can at least meet dozens of investment institutions and dozens of investors, and then tell each other about his project plan little by little, and strive to convince the other party, but in China, if an entrepreneur wants to raise funds, he can think of investment institutions, count them on one hand, and he can think of investors, there are almost none。

At present, the formal venture capital institutions in China are basically new funds with overseas capital, such as Sequoia is one of them, and there are no angel investors in the real sense of the word in China except for Li Mu.

A qualified investor in the Internet industry needs to meet the following conditions: first, he must be rich, second, he must understand the Internet, third, he must know how not to interfere in operations, and fourth, he must be able to afford to lose.

At present, there are a lot of rich people in China, but most of them are fought out in the real economy, these people meet some only meet the first condition, if the Internet company takes this kind of people's money, then it is likely to be the other party will interfere with the operation indiscriminately, and because the other party does not understand the Internet, it is likely to wait for the long-term return, and even the other party will be angry with the entrepreneur because he can't afford to lose.

Li Mu had a colleague in his last life to start a business, and as a result, he took the investment of a rich second generation, and after the other party gave the money, he thought he was an uncle, and all kinds of indiscriminate interference in the operation of the enterprise, and even overstepped the bounds and made a strong company strategy, and finally the project failed, and the rich second generation lost one or two million after being annoyed and angry, and said that he wanted to kill his colleague, and finally his colleague could only escape from Yanjing overnight, and went south to Shenzhen to start over.

In this economic environment, it is really difficult for Internet people to raise funds, which is why several Internet giants in the early days of China really took overseas capital when they really raised funds.

However, how can overseas capital be so easy to get? More than half of the entrepreneurs may not be able to get a visa to go to the United States, and even if they do, they may not be able to afford a ticket to the United States.

Well, now there is really an investment institution that fully meets these four conditions to stand up, and it is not from overseas, but from the local, and at least 5 billion investment per year, this is really too important, even if the four conditions are met, but there is only a total of 100 million plates, this 100 million is also gone, and in order to ensure the rate of return, they often invest in multiple projects, share the risk, in this way, the maximum project they can participate in, that is, about 10 million, and Makino Technology is completely incomparable。

When the seedling plan was launched, Li Mu was ready to take the starting point as the first enterprise invested in the seedling plan, he found Li Ziwei and asked her: "At the last signing ceremony, did the founder of the starting point leave contact information with you?"

"Yes. Li Ziwei said: "We left each other's phone numbers, email addresses and YY. ”

Li Mu nodded, and asked again, "Did he send you BP?"

Li Ziwei replied: "I told him about BP, he did BP in a hurry before, and he has to prepare again." ”

Li Mu smiled slightly and said: "You contact him and ask him not to do anything BP, Makino Technology is willing to invest him in a round of 30 million yuan, accounting for 5% of their shares, of which 30 million yuan, their founding team is allowed to cash out 0 million, but the condition is that all team members involved in cashing out must sign a three-year bundling agreement and a three-year non-compete agreement with Makino Technology." ”

Three-year bundling, three-year non-competition, which means that first of all, the person must do three years in the project invested by Makino Technology before leaving, if he leaves after three years, he must also accept the three-year non-compete agreement restrictions, and must not engage in the same industry as the starting point.

This condition seems harsh, but it is the greatest protection for investors for the project, because in Li Mu's eyes, everything is people-oriented, a product or platform, if the founding team is gone, the soul will be gone.

Moreover, in order to make up for his harsh "lock-in" agreement, Li Mu gave extraordinarily generous capital conditions.

According to the historical trajectory, when they are packaged and sold next year, they will only buy 2 million US dollars, which is equivalent to about 17 million yuan, and if they calculate the lowest transaction price they can accept now, it is estimated that it will be around 00 to 0 million yuan.

And now, Li Mu directly gave an investment of 30 million yuan, accounting for 4% of the shares, so that the actual valuation he gave to the starting point reached 520,000 yuan, and most importantly, he allowed the founding team to cash out 0 million, which can almost directly buy the entire starting point.

To make a business of 0 million into 520,000, Li Mu is not stupid, and he does not treat money as money, but he not only needs such a network project to be integrated into the YY network architecture, but also needs a project to make the seedling plan the first shot, and more importantly, to give the team a rich return on funds, leaving them 4% of the shares, which can keep the team for a long time.