Chapter 307: Group Buying Game
The target that Zhou Shi wants to acquire is Yelp, which is Dianping in China. The next entrepreneurial project he wants to start is group buying, and group buying is the next outlet. The previous Groupon was also established at this time, a few years, the valuation was close to 10 billion US dollars, in 2010 Google wanted to acquire it for 6 billion US dollars, but unfortunately the board of directors of Groupon did not agree. Although the company did not develop well in the end, the wave he caused should not be underestimated. The domestic battle of thousands of regiments is influenced by Groupon, so many investors and entrepreneurs have joined the battle group one after another.
There is not much difference between Yelp and Dianping, their business model can naturally develop group buying, but the company's subsequent road was not very smooth, missing the development opportunities of group buying and mobile Internet era, and then being defeated by fake reviews from merchants and Facebook acquaintances. As for why you want to acquire this company, it is just for faster development and to quickly seize the market with a mature team and advanced concepts. If he starts a new company on his own, it takes time to develop talent and things like that, and he has to do more than just group buying.
"I'll help you make an appointment with Jeremy Stalllman and Russell Simmons and try to get you together. "Peter Thiel
"Thank you very much, and I look forward to your good news. "Zhou Shi
"Oh, I have another friend who needs financing, I wonder if you're interested?" Peter said suddenly
"What company?" Zhou Shi asked
"LinkedIn, the world's largest professional networking site, is a social network for business clients, and unlike Facebook Friends, the purpose of this site is to allow registered users to maintain contacts they know and trust in their business interactions!"
"Sounds interesting, find a time to call that friend of yours?" Zhou Shi still has some understanding of this company, there are also their companies in China, the Chinese name is LinkedIn, and there are still many people in the domestic workplace.
"Then it's settled!" Peter
"Okay!" Zhou Shi, and then the three of them left each other's contact information.
Zhou Shi then said goodbye to Musk and came to Time Games. The current head of Time Games America is Chen Yifan, a graduate of the University of California, Berkeley.
"I want to acquire the digital space. Chen Yifan saw Zhou Shi and spoke directly
"We are a game company!" Zhou Shi thought a lot before he came, but he really didn't expect him to be like this...... One purpose.
"I've done a lot of consideration, games, animation, and special effects are too interrelated, and the digital field is very strong in the field of special effects, which can also bring great help to our development in the field of animation. "Chen Yifan
"Who said we were going to develop animation?" Zhou Shi still didn't turn a corner, when did he say that game companies do their own animation?
"I watched Zhou's investment in Marvel, and he also invested in Starlight Film and Television in China, and was originally going to shoot an animated film alone, but because of his technical strength, he had to cooperate with Paramount. Starlight must have their own ideas for animation, and our technical strength can help them a lot. And the game adaptation animation, animation adaptation of the game is a regular practice, even if we don't do it, we can accumulate some skills and experience"
"How do you know we made cartoons?" Zhou Shi never boasted about his layout in the film and television industry in the IT circle.
"James from C TV Network and I are alumni and now friends. "Chen Yifan
"That guy!" Zhou Shi also accepted this reason
"Zhou invested in Marvel, according to the plan of the Marvel Universe, these superhero movies will have a lot of special effects, if we acquire the digital field can immediately bring him a lot of business, and the special effects company due to the cyclical nature of the movie, it is very busy when it is busy, and it is very idle when it is free, it is difficult to maintain the scale of employees for a long time, if we acquire it, we can put part of the special effects production in China, save costs, and also transfer to game production and animation development. Workers in the digital domain can be dynamically regulated. It can play a good role in the stable development of special effects companies. "Chen Yifan
"Nice, very thoughtful. Zhou Shi encouraged.
"Originally, game companies should focus on games, but I don't want to just make games, we should have broader development prospects. "Chen Yifan
"But the game company is a cash cow in my plan, and I need to give Time Lab financial support for a long time. If we get involved in too many fields, will it have a negative impact on the development of Time Lab? To put it mildly, I'd rather delay the development of Time Games than delay the development of Time Labs. "Zhou Shi
"I am confident that it will not affect the Time Lab!" Chen Yifan gritted his teeth and said
"Oh, how can I guarantee it?" Zhou Shi
"If it really doesn't work, I'll let Zynga go public independently. "Chen Yifan
"It's not impossible. Zhou Shi thought about it, Zynga's golden development period was no more than 5 years, far lower than the development speed of mobile games, and the profit margin was much inferior. Without Zynga, it's an acceptable thing for him.
"Are you sure about acquiring the digital sector?" Zhou Shi continued
"I have friends in the digital field, and their Transformers 2 post-production is almost finished, but the company has no other business, and due to the subprime mortgage crisis, it is difficult to receive new business in a short period of time. So Mike Bay and the head of the company are talking about laying off employees or selling the digital space. "Chen Yifan
"You're very well informed, you know that. Zhou Shi gave him a thumbs up.
Chen Yifan touched his head embarrassedly.
"Now that you're ready, if the price is right, go for it. Zhou Shi thought about it and felt that there was no problem with his logic, and acquiring a small company was nothing. "But next time, you still have to discuss with the headquarters first, or increase the authority on your side first. Although Zhou Shi agreed, there were some things that could not be indulged, and he was not directly responsible for the time game.
"I know, I'll pay attention next time!, but who do we choose as our acquisition advisory team?" Chen Yifan said seemingly sincerely
"Tianhe Securities, this kind of small case is not difficult for them. After Zhou Shi finished speaking, he took a deep look at Chen Yifan again. Careerists are everywhere, as the head of a game company, he knows so much about Zhou Shi, and he has thought about it so much, being conscientious and responsible is no longer enough to explain his current behavior. However, as long as Chen Yifan has enough ability, Zhou Shi will not be afraid. This is not only because he has money, but there are many factors at play that he does not know, maybe his heart is extremely strong at this time.
Thanks to Minman and Er for the monthly pass
(End of chapter)