Capital is like that, if they don't need it here, then they can invest it somewhere else.

This is also how this real-world game is played.

Betta TV headquarters.

Zhang Shaoyang and Chen Wenjie were surprised when they saw Zhang Hong and Feng Rong coming. Because before they left Station A, it can be said that they took the initiative to find people by themselves, and their saliva was dry, and not many venture capitalists were willing to invest in them.

It wasn't until later, through acquaintances, that I barely managed to melt 20 million, and I started the project first.

And now, because it is also all kinds of prying, basically, 20 million is almost spent, just when they are all sitting in the company thinking about what to do in the second half of this year, and the next round of financing is estimated to be on the agenda, Zhang Hong and Feng Rong came.

Yes!

The arrival of these two people is like a shot in the arm for them Douyu TV.

"Hello!"

"Hello!"

After some greetings, the four sat down face-to-face and talked.

"I don't know if Mr. Zhang and Mr. Chen have any intention of financing in the future."

Zhang Hong got straight to the point.

"This ......" Zhang Shaoyang also understands that in this negotiation, although they are in a hurry to wait for the money, they must not be so short of money, otherwise they will definitely eat them to death.

"For the time being, we have plenty of money." Chen Wenjie said, "I don't know what you are here for today......

Feng Rong also didn't hide it from the two of them: "We are all optimistic about this industry, so we plan to invest a little." ”

"How much are you going to bet?" Zhang Shaoyang asked.

"At least 100 million." After Zhang Hong and Feng Rong glanced at each other, they both firmly believed that this should be an investment that would not be lost, and then said to Zhang Shaoyang and Chen Wenjie, the two founders of Douyu TV.

"100 million?" After Zhang Shaoyang listened, he also sighed in his heart.

"And how much equity are you going to get?" Chen Wenjie is very calm, with such a large amount of money, the price must be very high. But then again, in their eyes, 100 million is actually not much, and it is estimated that it will be enough for them to burn for less than a year.

Zhang Hong said: "It depends on how much Mr. Zhang and Mr. Chen think it is appropriate, but our intention here is that 100 million, 30% equity." ”

This can be regarded as a very normal parameter in the A round of financing, that is to say, what Zhang Hong said is equivalent to not saying it. Then, Zhang Shaoyang and Chen Wenjie's faces darkened together, 100 million, 30%, are you kidding! 1.50 billion, 30% is about the same.

If it is replaced by Li An'an, 1.5 billion, you don't even want to raise more than 2% of the equity. But Zhang Shaoyang and Chen Wenjie are not Li Anan after all, their thinking is still at the stage where it is good as long as they can get money in the early stage.

Yes! What do you say if you don't have money. If Douyu TV can't survive at all, even if you think you're worth 1 trillion yuan, it's useless.

Then, Zhang Shaoyang said that the two founders needed to communicate. After all, before, they had not yet agreed.

After discussing it for about a morning, at three or four o'clock in the afternoon, the four of them came to a café outside to continue chatting about the topic this morning, and Zhang Shaoyang finally took out his bottom line: "1.50 million, 20% equity, we hope you will invest a little more." In this way, we also have more funds to occupy a larger market. ”

After listening to Zhang Shaoyang's words, Zhang Hong and Feng Rong also glanced at each other, it should be said that they were not surprised at all. The prospect of the game live broadcast industry, in their opinion, one billion should still be worth it, and such conditions are actually acceptable.

The two are actually optimistic about the combination of Zhang Shaoyang and Chen Wenjie.

It can be said that the founder's reliability is more worthy of investment than the vague prosperity that seems on the surface.

That's right!

They are talking about salted fish TV. If Douyu TV can do it, after all, this is a live video site, just like other video sites, the prospect should still be great. Merely...... They also believe that it will definitely not be Li An'an's 100 billion level (according to the market value increase after each round of financing, in fact, their algorithm is not the same algorithm as Li An'an), because that is too exaggerated, in their opinion, at most, that is, tens of billions.

If you think about it, they can still earn almost ten times as much.

Zhang Shaoyang and Chen Wenjie were afraid that the two would not be able to accept their high price, so they also talked to the two in detail about the company's most basic operating costs, taking bandwidth as an example, every month, their investment is XX million yuan. So 1.5 billion is really not much in their opinion. Moreover, once this is developed, the return will definitely be more than ten times.

Zhang Hong and Feng Rong also know enough from Li An'an, so, in fact, they don't need Zhang Shaoyang to explain, they also understand that the game video live broadcast industry is like this, the investment is high, and I don't know when it will be able to pay off, you think about it, you need an investment of 100 million a year, that is to say, when you really burn money later, it has not yet started.

However, the two are still optimistic about this industry, which is the same as the two video websites of Kuyou and Yam Egg. Now investing in industry, you are tired and tired, and you have to do a lot of it, it is tens of billions, but for technology companies and Internet companies, sometimes only a good idea is worth 10 billion.

20% of the equity, the remaining 80%, will be burned by other richer bigwigs, if they take too much at the beginning of the A round, it will also restrict the entry of the later bigwigs.

"Then decide!" After Zhang Hong and Feng Rong made eye contact, they both unanimously approved.

Other small companies may only need one or two hundred million, but this is a live video, 100 million, which is normal, and 20% of the equity is also in line with their psychological price. But...... It can be expected that after this investment, they will also take considerable risks, after all, no one knows whether this thing will really have a future in the future.

They actually entered the market relatively early, and if there are still people who want to enter the market, it is also 20% of the equity, and it is estimated that they will have to invest at least 500 million yuan.

Thinking about it this way,That primary school student doesn't seem to be so open-mouthed,It's just that,If you follow the financing formula of that primary school student,The market value of Salted Fish TV in the later stage doesn't know how much it will rise to hundreds of billions。

Salted Fish TV Headquarters.

Li Anan sneezed.

Who is it! Who the is talking about her!? Look at the eldest sister, look at the second sister, and then look at Shen Aoqing. They're all working, and nothing seems out of the ordinary. Could it be that she is too sensitive?