Happy Farm was sold to the domestic giant Weiwei Technology Group at a sky-high price of $1 billion, which was reported by the company's financial department, which caused an uproar, and they didn't believe it, "Fake, a game is so valuable?"

And Luo Tian's office was in a mess at the moment, Wang Dalei and Xu Fei and others opened a lot of champagne to celebrate, and Luo Tian, who was the object of key care, was drenched by several people.

Although Wang Dalei Xu Fei and others are not bad for money, who can be unhappy about making money, especially Wang Dalei as a loser, because he invested 100 million yuan of "pocket money" in Tiantian Technology, and with 5% of the shares of Tiantian Technology, he made a lot of money in a blink of an eye.

Just when Luo Tian and the others were having a good time, Xia Feifei pushed the door and came in, "Mr. Luo, Mr. Xiong Xiaochuan of Panda Capital has been waiting for you for half an hour, do you want to see you?"

"What is Xiong Xiaochuan doing here at this time? Last time, I wanted to invest in Tiantian Technology at a valuation of 1 billion, and I was a vampire. Su Heng said impatiently, the last time I heard Xiong Xiaochuan say that he would invest in Tiantian Technology with a valuation of 1 billion, Su Heng was very happy at first, but then he was lectured by Luo Tian, and then he understood that Xiong Xiaochuan just wanted to take advantage of the fire to rob.

"What else can capital do when you come to the door, you must want to invest in Tiantian Technology!" Luo Tian said with a smile, it must be a good thing to have venture capital take the initiative to find it, proving that your company has potential, or visible potential.

With the popularity of the game "Happy Farm", it has driven more than 6 million new users to the daily music network, and now the daily music network has more than 60 million independent IPs, plus the website has a profit point.

Thinking about it, every day the potential of science and technology is unlimited, and the capital finally can't bear the loneliness, just like a shark with a keen sense of smell, it will pounce when it smells.

Luo Tian also knows that if the Internet company wants to become bigger, sooner or later it will have to deal with capital, and sooner or later every day technology will also introduce strategic investment, these strategic investors have a huge appeal in the capital market on the one hand, and can also provide a lot of help and support for the development of the company, and even give convenient conditions, whether it is their connections, background, resources, are needed at this stage, or what Luo Tian lacks.

Panda Capital is the most famous venture capital company in Huaguo, the founder is known as the king of venture capital Xiong Xiaochuan, Xiong Xiaochuan relied on the early stage of the Internet in China to invest in potential Internet companies, and even now Fengxing Technology and Weiwei Technology have a large number of shares, which is equivalent to owning TAB shares at the same time.

Luo Tian pondered for a while, looked at the mess around him, and said to Xia Feifei: "I will go to the conference room with Mr. Su, you can bring him over!"

Luo Tian first said hello to Wang Dalei and Xu Fei, said that he would find a place to gather later, and then took Su Heng directly to the conference room.

Xiong Xiaochuan was very well prepared, and he had done enough research on Tiantian Technology and Luo Tian before he came, knowing that the boss of Tiantian Technology was still a star artist, and he was also very young, but when Xiong Xiaochuan saw Luo Tianzhen with his own eyes, he couldn't help but be surprised by such a young Luo Tian.

Years of workplace experience made Xiong Xiaochuan recover quickly, with a gentle smile on his face, Xiong Xiaochuan stepped forward and handed his hand to Luo Tian:

"Hello Mr. Luo, I took the time to see you in my busy schedule, thank you very much, I never thought that Mr. Luo is not only so young, but also so handsome!

Xiong Xiaochuan is about forty years old, wearing a pair of black-rimmed glasses, looking elegant and elegant, only the cunning flashes in his small eyes from time to time, and sometimes reveals a trace of shrewdness, which makes people dare not despise him.

"Hello, please be seated!"

After Luo Tian shook hands with the other party, he made a "please" gesture.

Xiong Xiaochuan smiled while observing Luo Tian: "I believe that Mr. Luo should know my intention! We at Panda Capital have always been very concerned about the development of the Internet in Huaguo, and we are also committed to helping the development of Internet enterprises in China.

To tell you the truth, I noticed it when Tiantian Music Network was first launched, and when your music network used a free strategy to operate, I paid more attention to you!

I never expected you to find a way to make a profit so quickly, it's really amazing~, now that "Happy Farm" has achieved such a big success, Luo is worthy of being a genius.

Therefore, this time, I came to convey my respect to Mr. Luo, and secondly, I hope to reach cooperation with Tiantian Technology Company to further promote the development of Tiantian Technology. ”

Xiong Xiaochuan is an investor who discovered Fengxing Technology and Weiwei Technology, and now he is definitely the "first person in Huaguo VC" in this world, but Luo Tian has passed through Feng Kaiyun, Feng Shaofeng and other bigwigs have patted on the back, and he is already immune to Xiong Xiaochuan's flattery, so he just listened to Xiong Xiaochuan's words with a light smile.

Of course, Luo Tian also replied very politely: "Mr. Xiong, thank you very much for the attention of Panda Capital and Mr. Xiong, and thank you Mr. Xiong for your high praise for me, and I am very much looking forward to the opportunity to cooperate with you, just ......"

Luo Tian was not dizzy by Xiong Xiaochuan's flattering words, he didn't care about these virtual things, but he cared about some real benefits, so he said straight to the point: "Mr. Xiong, the current cash flow of Tiantian Technology is very sufficient, and the demand for funds is not very urgent, I don't know what Panda Capital's valuation of Tiantian Technology is at present?"

The valuation of Internet companies is not like traditional enterprises, which can be valued on the basis of fixed assets and financial statements.

Because Internet companies are asset-light, they can't look at PB (price-to-book ratio), most of them have no cash flow, and they can't look at PE (price-to-earnings ratio).

Therefore, to value Internet companies, it is mainly based on the company's business model, future monetization methods, and some quantitative indicators, such as UV (traffic), MAU (user activity), ARPU (single user income) and other indicators.

In addition to the operational level of these companies, venture capital will also look at the company's founders, position in the industry, etc., to conduct a comprehensive evaluation.

So after listening to Luo Tian's words, Xiong Xiaochuan just smiled and nodded, he could also roughly calculate the revenue status of Tiantian Technology, and he had estimated the approximate market value before coming, "Mr. Luo, Panda Capital valued Tiantian Technology at 1.5 billion US dollars." ”

"What?" Su Heng was taken aback and shouted: "Some time ago, you said that our daily technology is only worth 1 billion, or RMB, how many days is it worth 1.5 billion US dollars?"

"Yes, some time ago, there was no profit point on the music network every day, and the emergence of Happy Farm not only made the music network profitable, but also further increased user viscosity and increased the user base. Xiong Xiaochuan said with appreciation.

"Mr. Xiong, I don't know much about this aspect, my original idea was just to make the daily music website profitable, who knew that now the game is out, not only the website is profitable, but the number of new users has also increased a lot, and even the game has sold 1 billion US dollars, which I didn't expect at all. Luo Tian seemed to be low-key and said ostentatiously.

"Well, many products have only one idea at the beginning, but after they are made, there are indeed unexpected surprises, 1 billion US dollars~" Xiong Xiaochuan suddenly stopped what he was about to say, but looked at Luo Tian in disbelief and asked: "Mr. Luo, what did you just say that it sold for 1 billion US dollars?"

"Happy farm game!" Before Luo Tian could speak, Su Heng said proudly, although the game planning was proposed by Luo Tian, he personally participated in the development and production of the game overtime.

"What~ You sold Happy Farm, this~"

Looking at Xiong Xiaochuan's distressed appearance, Luo Tian suddenly had an ominous premonition.

"How can you be so stupid, and pay 1 billion US dollars, oh my God~", Xiong Xiaochuan felt that the world was spinning, just now he thought Luo Tian was a genius, but now he doesn't know which adjective to find to describe such a stupid person.

Xiong Xiaochuan said that he was going to go out directly, financing, financing your sister's capital, investing in people first, that is, looking at the founder first, and then looking at the entrepreneurial team, especially the founder is the core factor, just these two fools, holding his thighs and begging him to invest, Xiong Xiaochuan is impossible to invest.

Looking at Xiong Xiaochuan's behavior, Luo Tian suddenly realized that Happy Farm had sold at a loss for $1 billion, and even Su Heng had this idea.

"Mr. Xiong~, Mr. Xiong~, please stay!" Luo Tian hurriedly called.

"What's the matter?" Xiong Xiaochuan said impatiently, as if he had changed people before, with a look of disgust on his face, as if he would be infected by "stupidity" if he stayed with Luo Tian for a while.

"Mr. Xiong, we sold Happy Farm for a sky-high price of $1 billion, why do you still call us stupid?" Luo Tian asked very seriously.

Maybe it was Luo Tian's desire to learn, maybe it was Luo Tian's sincere eyes when he looked at Xiong Xiaochuan, Xiong Xiaochuan replied: "You sell Happy Farm, it means that you sell an opportunity to quickly enter the instant messaging market, do you know the market value of instant messaging?"

"What's it?, why is selling Happy Farm equivalent to selling an opportunity to enter instant messaging?" asked Su Heng with a confused expression.

Xiong Xiaochuan ignored Su Heng, but looked at Luo Tian's young face and said: "The Happy Farm game is planned and developed by you every day technology, I always thought that you had a comprehensive plan, and I thought that you would use the sociality of Happy Farm to reverse develop an instant messaging software, but I didn't expect you to be such short-sighted people~hehe~"

"Reverse development of instant messaging software, how to reverse develop ???" Luo Tian didn't understand this, and looked at Su Heng blankly.

And when Su Heng heard Xiong Xiaochuan's words, his eyes were hollow, his expression was dull, and he muttered: "Reverse development~ Reverse development?"

Glancing at the two, Luo Tian looked at Su Heng blankly, while Su Heng looked stunned, Xiong Xiaochuan sighed, and a pity appeared on his face.

Luo Tian's understanding of the Internet is almost zero, he only knows that there are three awesome people on the Internet, and as for how they are awesome, he knows how to be awesome.

After all, Su Heng is a top student of the Computer Science Department of the Chinese Academy of Sciences in this world, I have participated in the construction of many websites, and I have a certain understanding of the Internet.

"No wonder, no wonder, the two bigwigs are going to compete for "Happy Farm" in person, I'm really stupid, haha~" Su Heng figured it out, crying and laughing for a while, looking crazy~