Chapter 55 Capital has been so cheap since ancient times

In the eyes of laymen, the trust relationship between entrepreneurs and investors in the capital market is often mutual vigilance and mutual spying:

Entrepreneurs hope that their data fraud and inflated traffic can deceive investors, so that investors can recognize the high valuation, and then inject a large amount of cash flow into the start-up.

Investors hope to squeeze out the water from the TC defense, and know how much dry goods the founder of the company has, reduce the price to make a low valuation, and get more shares with the same money.

As a result, the investor will send a TC risk assessor to lower the price, and the founder will give the TC risk control appraiser a rebate equivalent to 1%~2% of the final capital injection amount in accordance with industry practice.

To put it bluntly, the founder said to the appraiser sent by the venture capital: "Forget all the fraud and risks you see here, and tell your boss that this company is very healthy, and you can rest assured that you can spend money! No matter how much he spends, I will give you a 2% rebate as a personal benefit fee." He invests 100 million, and you get 2 million black money in seconds. ”

However, it would be naΓ―ve for the melon-eating masses to think that this confrontation is eternal.

In fact, after the angel round investor invests money and gets the shares, the first thing is to sit down, invite the founder to dinner, be sure to drink a lot, and then clasp his shoulders and call his brother and say, "Come on, buddy, I know you cheated when you were evaluating traffic, but now we are in the same boat." You tell my brother directly, how much did you deceive me? Double or triple? It shouldn't be more than five times, right? Don't worry, even if you say it, the clearer you say, the better I can cooperate with you to deceive future Series A investors. ”

After all, startups don't just take the money from angel rounds to survive. In the future, there will always be a fat sheep in the A round of the market, and it is impossible for A round investors to completely listen to only the founder's words, and they will also look at the views of other early investors on the company.

At this time, the angel round investors expressed some views of "this company is really worth it! It is the most valuable company in my life! If it weren't for the founder's fear that the A round would still be my follow-up investment, and my shareholding ratio would be too high, which would affect his control over the company, I wouldn't give you the opportunity of the A round!" is obviously helpful to promote the A round to enter the market at the highest possible price.

Then, the chain rolls forward:

Founder + Angel Joint Trick A.

Founder + Angel + A joint deceive B.

Founder + Angel + A + B joint deception C.

Founder + Angel + A + B + C jointly deceive the IPO review agency.

Founder + Angel + A + B + C + IPO review agency, a first-class brokerage company that jointly defrauds underwriting.

Founder + Angel + A + B + C + primary brokerage, jointly deceive the secondary market makers.

Founder + Angel + A + B + C + First-level Brokerage + Second-level Market Maker, jointly deceive retail investors.

Founder + Angel + A + B + C + Level 1 Brokerage + Level 2 Market Maker + Foresight Big Retail Investors, Jointly Deceive the Final Receiver Mentally Handicapped Retail Investors.

OK, the equity shipment is completed, and the previous levels are cashed out and landed.

The bubble collapsed before it came to this point, so learn how much Boss Jia went ashore and then run away.

If you want more water, you can also add DEFGH...... and so on.

Anyway, in Silicon Valley, there are venture capitalists like Jet-Bone who have invested in the M round, and even those "Hussein XXX" Middle Eastern princes and dogs have entered the market, and there are no street companies that can't be listed.

This is the most lowly way to play in the capital market.

The business is like this, no one expects to make money from consumers, and no one cares about the subtle experience optimization of paying consumers.

Just do PPT storytelling and draw cakes.

Therefore, Pan Jieying's description of "the website prevents the writer from deceiving, but immediately joins the writer to deceive the outside world", Gu Cheng substituted this serial deception model that he is familiar with a little, and immediately understood.

This further strengthened his belief that "YY literature should not be listed, and should not consider the value-added capital market as the company's struggle orientation".

Gu Cheng's service object is always the consumer.

……

"It seems that those who are willing to cooperate with the company to deceive outsiders can't avoid being poached by Boss Li?"

Gu Cheng knew that he had only seen a few names of fried IPs or studio gods, and he knew that there would definitely be a large chain of interests behind this in the future.

All gods who are qualified to suffer from the loss of interests because of the business strategy of "the company does not cooperate with us to jointly deceive and speculate on the value of IP" have the possibility of changing jobs in theory.

In terms of "using data fraud and supporting piracy to inflate IP prices", it is obviously more promising to defect to Baidu - because Baidu has a "Baidu Popularity Index" or "Baidu Search Index". If Baidu-controlled ZH wants to sell IP at a high price, it can not only make the click recommendation data in this website higher, but also fake the Baidu search data, then the "credibility" is much higher.

This is easy to understand: the 17J website shows that a certain book has 1 million hits, and investors in film and television companies may not believe this data.

But if the "Baidu Index" has 1 million, most of the investors in film and television companies will believe it.

"That's pretty much itβ€”you can figure it out yourself, so I won't explain it to you. Pan Jieying doesn't want to see these dirty things, and she doesn't want to spend more saliva.

Gu Cheng didn't get entangled, and turned to the next question: "Then the writer of books like "Infinite XX" you just mentioned jumped to QQ Book City, what is going on? These books are not within the scope of 'popular adaptation IP', right, is it not good to stay in YY literature?"

Pan Jieying took a sip of water and explained: "That's another question, but in the end, it's your 'resolutely fight against piracy' strategy that hurts - this book, and even the book that has basically followed the trend recently, I asked the operator of the website, and said that it is a new emerging online genre called 'unlimited streaming'." Most of these books travel into the world of existing popular works.,It's made up of a lot of fanfiction.,The pace is relatively short and fast.,So it's more popular at the moment.。

However, these books inevitably infringe the copyright of an existing work. Now that we want to crack down on piracy, some 'friendly businessmen' and print media have attacked us, saying that we are not strong enough to strike iron, and that we are full of dozens of works that infringe on other people's prior copyrights, and we are embarrassed to shout anti-piracy. In order to stand firm, I asked the Ministry of Supervision to remove this handful of books from the shelves. These writers jumped to QQ Book City. ”

Pan Jieying's words involved several legal common sense, and Gu Cheng naturally understood it.

In the literary world, adapting other people's works without permission must be authorized by the original author. Taking the martial arts world of Gu, Jin, and Liang or the Marvel world to write fanfiction, or continuously traveling to those worlds to make trouble, is the same nature as using these works to remake TV series, movies, and games.

So,Unless it's a public work that the author has been dead for more than 50 years or 70 years.,It's been lifted.,You can just take it with the same and infinite streams.,Other recent fan/infinite are theoretically infringing copyright.。

Tengyun literature in the other world is not very effective in fighting piracy anyway, and he can turn a blind eye to it, and the people will not raise the website and correct it. As long as the original author didn't send a lawyer's letter to Tengyun Literature, he didn't see the thing about making unlimited money with the same people. If you are really accused, you will sue one by one.

However, when all this came to Gu Cheng, it obviously didn't work. His strength in fighting piracy is far greater than that of Tengyun in another time and space, and the iron is naturally harder.

"Is there a more secure legal solution to this matter?" can't it be guided in an orderly manner?" he thought about it and asked Pan Jieying with a frown.

Pan Jieying replied: "I don't know the specifics, but I asked Director Fei, and I also discussed with the relevant operation staff of the website, and the relatively simple solution is to carry out centralized format contract authorization for the popular IP of this site, and then the external works also adopt centralized negotiations, and are willing to set the world view of their works to be authorized to our writers, and the proportion is uniformly shared." ”

Gu Cheng didn't understand too much, and after a rough analysis, he understood.

Here's how it works:For example,There's a great god on this site who wrote a book "Devouring XX".,And then there are other writers who want to rub the heat.,Use this world to write the same person or infinite.。 The website is the master of the standard contract, and arbitrarily determines a sharing ratio: all the same people who borrow other people's worldview and settings, or the content of the corresponding volume of maps in the infinite stream, 20% of the manuscript fee income will be directly transferred to the original creator when the website distributes the remuneration.

In other words, if you want to rub the popularity of the gods, you can only take eighty percent of the manuscript fee, and two percent of the people who have borrowed the worldview.

Of course, this figure is debatable, it can also be 15%, or even 10%, I believe most people are willing to accept it.

Once this system can be implemented, Gu Cheng can even believe that there will be a group of people who specialize in writing articles for free and not putting them on the shelves, just trying to improve the influence of their own works in the worldview, and then rely on the model of "being rubbed by others with a worldview and dividing one or two percent of the manuscript fee".

Of course, there must be a group of writers who don't want to give up even this point, and just want to use the achievements of their predecessors to write an infinite stream in vain. And such a person seems to be determined to defect to QQ Book City.

Gu Cheng's mind moved, and he immediately thought of an inference: "Since QQ Book City is so enthusiastic about poaching people with infinite streams, shouldn't they be against us in the matter of anti-piracy?

"It can be said that the relevant personnel at QQ Book City have recently made a statement. Even Ma Teng euphemistically said a few days after the symposium on literary and artistic work that Tengyun 'supports the anti-piracy of online literature'. There shouldn't be any changes. ”

And so it was. Gu Cheng sighed, and said in his heart that the butterfly effect he had aroused was too great, and he actually put it