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After the end of the e-sports competition, "VS Battle" and partner companies began to be favored by the venture capital market, and since August, more than a dozen venture capitalists have come to visit and negotiate investment in partner companies.

This is mainly because the small partner company has been stained with the light of the Internet!

Although the NASDAQ in 2OOO began to fall from 5,000 points, many people still have a fluke mentality and do not think that after the collapse of the NASDAQ, it will continue to hit a new low for two years, falling to about 1ooo points before stopping the decline.

Therefore, venture capital still continues to invest, lay out Internet companies, and plans to package some potential companies to go public in the future and make a profit.

However, for the capital that wants to invest in the small partner company, Wang Qinian categorically refused,

Therefore, these venture capitalists retreated to the second best thing and invested in the project "VS Battle"!

In this regard, Wang Qinian does not object, after all, "VS Battle" has a long period of events, and it still needs to burn money to get the exhibition, and it is better to be able to introduce some external funds than to be obtained by competitors!

The more venture capital "VS Battle" gets, the lower the probability of competitors following the trend getting investment! Therefore, Wang Qinian competed with his Internet peers in the early stage, and only needed to attract all the venture capital funds to his own projects first, so that the opponents had no money, and naturally they would not be able to make a name for themselves!

In September 2ooo, Wang Qinian signed an agreement with Lenovo to transfer 1o% of the equity of the "VS Battle" project to Lenovo Group at a price of 2oo yuan, which is the first round of venture capital on the "VS Battle" platform!

With the injection of risk capital by Lenovo, the "VS Battle" platform has set up a special operating company - VS Entertainment Technology Co., Ltd.

Lenovo's venture capital has become a round of venture capital on the "VS Battle" platform. According to the valuation of the venture capital. The platform of "VS Battle" is worth 2ooo yuan.

And there are only 5 employees under the banner of "VS Battle"!

This is a very high valuation for a new company that has only been launched for a few months and has only three permanent employees.

You know, in 1999. When Tencent wanted to sell QQ at a price of 5O yuan and 1oo yuan, large companies such as telecom and NetEase also refused one after another.

Why? Because, at that time, QQ was still called OICQ, a typical ICQ follow-up work. At that time, the copycat version of ICQ in Chinese mainland. OICQ is not alone. It's really hard to say who will win and become China's ICQ.

However, at that time, in the melee, a lot of programmers. Made a product. However, because it did not attract venture capital, it was difficult for Zhan to move forward, and some of them stopped operating because they had no money to build servers.

However, Tencent received venture capital from IDG and Yingke Telecom in 1999, which is equivalent to ensuring logistics in that melee. Fore. When other opponents died without a problem because of lack of money, QQ in 1999 was a sudden rise, and by 2ooo there was already a hegemon!

Of course. 2ooo year of Tencent QQ is not much of a strong storage zài,Not long ago Tencent just released the news,QQ registered users over 5oo scale,As for the profit model,It seems that it has not been found until now。

Not only is Tencent still very weak, but in fact, BAT major companies. Now it's all grass platform team, the scale of the enterprise. Even the users and traffic on the Internet may not be able to surpass the small partner company!

After all. Those giants also grew up from infants, and now each of them is so petite and fragile, not as big and intimidating as it was later!

The venture capital industry often likes to follow the trend, and after Lenovo has taken the money to make a round of venture capital, the second round of venture capital is coming!

The second round of venture capital was a joint investment by SoftBank and IDG, and Wang Qinian gave up 1O% of the equity, but received 350,000 yuan in cash.

With the second round of venture capital, VS Entertainment Technology Co., Ltd. transferred 2o% of the equity, obtained 550 million yuan in the financial account, and the company's valuation has repeatedly increased to 350o yuan.

And the small partner company, which continues to hold 8o% of the equity, still has the absolute right to speak! In this way, Wang Qinian is still very satisfied with the introduction of investment without losing the company's controlling rights!

Wang Qinian doesn't mind letting venture capitalists make money, but he really minds them competing with them for control! Therefore, the absolute controlling stake of the company, which is absolutely in your own hands!

……

"The partner company's "VS Battle" platform relay e-sports competition, less than two months later, has gained 15o registered users. At the beginning of September, it attracted two rounds of venture capital within a week, with a total of 55o yuan in funds, and according to the valuation of the second round of venture capital, the valuation of "VS Battle" was 35oo yuan! ”

"The valuation of a software has increased to 350,000 in two months, becoming the hottest entrepreneurial project relying on the domestic Internet this year!"

"Online e-sports software is a big hit, and "VS Battle" software has become the most popular venture capital project!"

With the continuous exposure of the media, many people began to regard Wang Qinian as the god of wealth who turned stones into gold.

Nima's, a few technicians, make software that doesn't seem to have any technical content, why is it so alive? And, favored by venture capitalists?

Many programmers in China have felt jealous.

All of a sudden, the software that followed the trend began to be released.

However, Wang Qinian does not attach much importance to these scum with less than 5 combat effectiveness. Because...... After the collapse of the 5ooo bubble, 5oo listed companies went bankrupt, 4o% of companies were delisted, and 8o% of companies fell by more than 8o%, directly steaming 3 trillion US dollars in capital.

It can be said that this round of NASDAQ crash is the most lethal stock market crash in history!

After the collapse of the NASDAQ, venture capital owners began to redeem their investment amounts, and as a result, many venture capitalists also declared bankruptcy or liquidation.

Even venture capital is beginning to be difficult to protect itself, and those entrepreneurs who are counting on venture capital funds will naturally not be able to get funds!

So, very quickly, those competitors, even if they have good ideas, great ideas, and strong technology, they still still have no money! If no one invests in them, it is naturally difficult for a good woman to cook without rice!

To put it simply, venture capital is not a living Lei Feng, nor is it a long-term operator. People just speculate and put some loss-making companies on the stock market, and then sell their shares. Then, invest in more companies and continue to go public and cash out.

If...... When the stock market is depressed, the way for venture capital to make profits is cut off, and the game can only be suspended and played after the market warms up.

Of course, the collapse of the NASDAQ is like a seven-wound fist for the entire Internet industry. Not only does it kill a bunch of competitors, but it also harms everyone who is engaged in the Internet!

For a long time, the VS vs. Vs platform may not be able to access new investment funds, just like other competitors!

Therefore, now it has attracted 55o yuan of venture capital, and it is necessary to save it, rather than spend it in one go, and then go to the venture capital. In addition, even the "VS Battle" platform should also be open source.

Wang Qinian thought of a way to increase revenue without losing the user experience of the platform - ordinary users can give tips to professional teams and some star players.

For example, looking at the tables of some professional teams and players is very satisfying, you can recharge to buy flowers for rewards, and reward them to teams or professional players, and the "VS Battle" platform can also get a 5o percentage from this tip.

In addition, the "VS Battle" platform has also opened online game point card recharge, stand-alone game sales and other services, coupled with the benefits of advertising services, even if the "VS Battle" platform cannot maintain profit and loss, but at least reduce the proportion of capital losses, from a big loss to a small loss, which is already a huge success.

In the future, after the online game of the partner company is listed, it is estimated that it will not care about such a little loss! (To be continued)

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