The official website of Korn Ferry Games now has wonderful games such as "Happy Farm", "Angry Birds", "Grab a Parking Space", "Fishing Game", "Plants vs. Zombies" and so on. The daily profit reaches more than 10 million, and there is a net profit of more than 400 million per month, which is a proper cash cow.

Now the entire Korn Glory Group, and the financial situation of Glorious Games is the best, and those who have a lot of money don't know how to use it. And Guanghui Pay, Douban, Guanghui Investment, etc. do not have funds for development.

According to Jiang Hui's idea, it is nothing to directly give the money of Guanghui Games to companies such as Guanghui Pay, but recently chatted with Bai Xue about this matter, and Bai Xue said "Shengmi Endou Mi Hatred". In fact, it can be said that Jiang Hui took the initiative to give part of the shares to other shareholders of the intranet, but since the companies have operated independently and some have begun to raise funds, it is inappropriate to continue to throw money in disregard of financial rules.

Bai Xue's words reminded Jiang Hui that since the companies are gradually on the right track, let's operate according to the normal financing rules. For example, Guanghui Pay, the current value has not yet been reflected, and the valuation is estimated to be two or three billion, but Jiang Hui knows best that this company will be one of the core enterprises of the group in the future, and it is better to inject capital into Guanghui Games with its venture capital financing, as for whether other shareholders continue to follow the capital injection or choose to dilute their shares, it depends on their own meaning, rich and thrifty, and their own choice is not regretted.

Originally, according to Jiang Hui's original idea, all the shares of Facebook and the independent companies on the campus were placed in the company, and then everyone held the shares of the company. But in fact, the positioning of this Korn Glory Investment is in conflict with Korn Glory, and Korn Glory is the parent company of the group. However, later it only put Facebook's shares in Guanghui Investment, and other companies such as Tudou were registered in accordance with the way that each shareholder directly held.

Jiang Hui wants to turn Korn Glory into a venture capital institution, which requires a large amount of capital injection, and now others are not aware of the huge value of Facebook, and it is obviously not cost-effective to cooperate with venture capital, so Jiang Hui also intends to inject capital by Korn Glory, and others choose whether to follow up.

"Hello everyone, I am very pleased to see the introductions of the companies just now. None of the companies in the Korn Ferry Group have been established for more than a year, and all of them are young start-up companies. But now there are more than 500 regular employees, more than 400 interns, a total of about 1,000 employees, and the total valuation of each company has exceeded 4 billion yuan, which has never happened in the Internet industry of the Celestial Empire. Here, I would also like to say thank you to everyone, everyone has worked hard," Jiang Hui said.

Jiang Hui's statement ushered in a round of warm applause from everyone, although all companies are implementing Jiang Hui's plan, but after all, there is a difference between actual operation and planning, and everyone has made a lot of efforts, and the boss can see these efforts in his eyes, and everyone feels relieved after all.

"There are more than a dozen companies in the Korn Ferry Group, and their respective development situations are relatively different, compared to everyone's eyes. I hope that in the second half of this year, everyone will be able to operate their respective companies into leaders in industry segments and sit firmly in the position of industry leaders. The Internet is an industry full of opportunities and challenges, and we must be fully aware that our competitors are always catching up with us when we see the past achievements. I think everyone should have a sense of crisis and reflect on whether my company will be able to survive in three months," Jiang Hui said.

The network is becoming more and more developed, and it is very likely that Internet companies will go bankrupt because a certain crisis is not handled properly, so it is not an exaggeration for Jiang Hui to say that the company will still be alive after three months.

"While the companies are deeply engaged in the subdivision of the field, the Guanghui Group will also increase the pace of expansion, the financing company will boldly go to financing, taking Meituan as an example, I set a requirement for them to burn 25 million yuan in the latest month, and then evaluate the effect, and then continue to burn money, then financing, and then burn money. Similarly, for example, Tudou, we have just obtained 40 million financing, and I ask Tudou to use half of the amount to encourage users to shoot and upload excellent videos, and the other 20 million to operate genuine film and television dramas, and try to buy copyrights from various film and television companies. In the same way, YY live broadcast also needs to burn money to cultivate anchors and consumers, and the Internet will increasingly become a game of capital and creativity, both of which are indispensable," Jiang Hui said.

The war of burning money on the Internet can only see some signs now, and in a few years, it will be called crazy. For example, in order to compete for the market in later generations, Didi and UBER burned funds in hundreds of millions, or even billions, every month.

"Everyone should move forward boldly, and when other capital and opponents are still hesitating, they will take their way away, so that they have no way out," Jiang Hui said.

"Let them have no way out" said everyone's hearts, again causing a round of applause.

"At today's summary meeting, in addition to the reports of various companies, I also have several decisions to inform you. As I said just now, the development of the group's companies is different, some have begun to raise funds to enter a new development channel, and some are hesitant to have no profit and no capital injection, and their development has fallen into a bottleneck stage. In order to quickly expand the users of the payment platform, the best way is to give users consumption subsidies and registration subsidies, but this requires a lot of financial support. And I want to make it a venture capital company, similar to Sequoia and SoftBank, to provide financial support to some start-ups, which also requires a large amount of capital injection to develop the business," Jiang Hui said.

When everyone heard Jiang Hui's words, they all knew that today's drama was coming, so they sat up straight and listened to Jiang Hui's speech carefully, for fear of missing a word.

"School intranet, Meituan, Tudou, YY live broadcast, these companies will start B round of financing after burning the A round of financing, of course, this time is estimated to go to a few months or even next year. As for Korn Ferry Pay and Korn Ferry Investment, I plan to inject 100 million yuan each into the two companies by the group's parent company, Korn Ferry Technology, to help them overcome the bottleneck period and accelerate their development," Jiang Hui said.

Hearing that Jiang Hui made a move of 200 million, everyone who was doing it was shocked, and they didn't know what Jiang Hui was going to say next.

(End of chapter)