Chapter 106: Genentech, Escape
Yacob's ability, Lin Yi is impeccable. Therefore, the burden of Ginkgo Capital is directly pressed on the shoulders of the other party.
After finishing his own business, he went to Defengjie again. Not only to Tim, but also to the shareholders' meeting, waiting for him to attend.
"In December last year, MCI went public and paid off handsomely. However, the deadline for this round of venture capital has ended. After the share redemption, the next round of venture capital will be opened simultaneously. ”
Waving a check, Lin Yi congratulated Tim: "I invested 3 million last year, and I got back 5 million this year." This investment-to-return ratio will definitely make you famous!"
The other party smiled bitterly: "Such a good thing, you are alone." Our previous investments have already been made for losses and bad debts have been eliminated. Spread evenly, the annual yield is just over 15%. That's not a number worthy of venture capital!"
"Don't worry, it will get better and better in the future. "Lin Yi is not a consolation, the information age is about to explode, and opportunities are everywhere.
Tim asked with concern: "Do you want to participate in the next round of financing?"
"Of course! I think you're my lucky star. "Lin Yi is not boasting. After all, Defengjie brought a golden apple.
Tim's tone was sincere: "That's pretty much the same for me! Moreover, having you as a major shareholder can also improve the confidence of other investors. ”
Lin Yi smiled, he was a shareholder of Defengjie, which was also a good thing for his own Ginkgo Capital.
Silicon Valley also talks about relationships, and Series A investment is the most cost-effective, but almost only looking for acquaintances. DFJ has been in operation for several years, and the network has spread all over the place. Although Ginkgo was just established, Jacob had worked in Defengjie and was more likely to be trusted.
Sure enough, within a few days, President Ginkgo sent a message: "Boss, there is a biological company called Genentech. I think it's a good person or a project, and their research project is on your watchlist. ”
With foresight, Lin Yi will draw some key points for venture capital companies. As for Genentech, the purpose of this round of financing is to artificially synthesize insulin.
Lin Yi looked at the project, couldn't help but smile, and immediately made a decision: "The number of diabetic patients in the world is unknown. This artificial insulin, the market is simply huge! ”
Jacob mainly looked at people: "The founder of this company, Professor Boyle, won the Nobel Prize last year for his DNA recombinant technology. Invest in him, and the probability of success is greater. ”
Lin Yi hadn't finished reading the business plan here, and Ferran made him return to Paradise Game with a phone call.
In the company conference room, the CEO played the video.
The reporter asked: "After Fairchild and RCA, the video game console of Paradise Games will also be released in the near future." So, as an industry leader, when will Atari's new console be able to meet the majority of players?"
Middle-aged white man: "As an industry pioneer, consumers' expectations are far higher than their peers! His excellence far exceeds expectations, so please be patient!"
When Lin Yi heard this, he couldn't help laughing: "After Fairchild released the console, RCA asked players to wait for them, it seems that this is the same tune! Ferran, who is this hooked nose?"
Phelan shrugged his shoulders: "You haven't seen a real person, but the information sent to Singapore has been mentioned many times. His name is Cantona, the current CEO of Atari and an elite sent by Warner. ”
The answer to the previous question, the reporter was not very satisfied, and this time tried to stir up the fire: "Family entertainment paradise, canceled the built-in game. What does Atari say about this bold innovation?
He succeeded, and Cantona scoffed: "It costs $199, which is equivalent to a week's salary of the middle class, but there is not a single game in it!
After the interview video was played, Lin Yi asked with concern: "You are responsible for marketing and publicity, what is the effect?
"I heard that we had invested $180 million in R&D in five months, and I was really curious. After the evaluation and trial, the advertising slogan "we are more professional" has been widely agreed. ”
With the completion of the acceptance of the eight games in turn, the number of game consoles in the warehouse is also piling up. At the same time, TV, movies, posters, interviews, and 30 million publicity expenses covered almost the entire United States.
Nervous and excited, the launch date has finally arrived. In the conference room of Paradise Company, data from various channels poured in like a tide. However, Lin Yi sat firmly on the Diaoyutai platform, didn't even look at the numbers, and was dedicated to being the Seagod Needle!
Until the end of the day, when the numbers were counted, someone shouted: "The first day of sales, 150,000 units, exceeded 150,000 units!"
Phelan walked over, changed his stereotype, and said with a smile on his face: "On Christmas the year before last, "Table Tennis" was released for the first time, and the sales volume was only 150,000 units. Congratulations boss, the first person in video games, you have to be on the throne!"
Although Lin Yi's expression was still well controlled, the narrowed eyes and the corners of his mouth that couldn't be suppressed betrayed his mind.
"We are happy, this company, don't you also have a share? However, we must continue to work hard. Fairchild F-wave and RCA's Studio2 are no longer a cause for concern. But before Atari can go on sale, we need to lay a solid foundation. ”
The good news continues, although the preferential activities have ended when buying the host and sending the cassette, but the enthusiasm of consumers has not diminished, and the surging orders have made Lin Yi have to call and notify the developer alliance to expand the factory production capacity in advance.
200,000 units, 300,000 units, 500,000 units, Paradise Games Company, as long as someone goes out, they will definitely meet a squatting reporter: "The sales of HEP have set a new record, what do you think?"
The employee replied helplessly: "I'm just a cleaning staff, please let me go!"
Each unit costs $199, which costs nearly $100 if you count the developer. So 500,000 units sold, let Heaven earn $50 million.
However, instead of lying on the bed and counting the money to play, Lin Yi contacted Lucas. "Star Wars", he has been salivating for a long time. If you can't get the copyright of the movie, you have to get the music license and the movie opening advertisement.
After the music was implanted in the game console, the number of employees in the entertainment room of Paradise Company skyrocketed.
"Wow, "March of the Empire"! "Space Invaders", with this song, it's so emotional! Whose idea was this? I really want to give a kiss!"
Lin Yi, who was inspecting, hurriedly retreated. If the beauty is good, it's okay to say, but the other party's hairy beard makes him hurry up and run away!