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Since he wanted to buy Riot, Gu Cancan began to collect information about Riot's company.
There is very little news about Riot on the Internet, and Gu Cancan only finds a few of them.
The latest is in January of this year: on January 7, 2008, Yang Dao, who was once the core figure of DOTA, officially announced that he would join Riot Games, and invited the artist, planner, and program personnel of Blizzard and many other game companies to develop a new type of Battle.net competitive online game.
Battle.net competitive online games?
This should be League of Legends!
From this point of view, League of Legends is still in the development stage, and some important members of the later generations have just joined Riot at this moment, Gu Cancan is thinking in his heart that it should take some time for the League of Legends game to come out at this time.
In the original time and space, when should League of Legends be launched?
Gu Cancan deeply hated himself for being reborn through time, why didn't he have a golden finger, such as having Baidu in his brain, even if it was a super memory, it was not because his eyes were black now, and most of the memories of the original time and space were blurred.
However, it is certain that the game developed by Riot is still in the stage of no news, which is the best news for Gu Cancan.
She still remembers that Riot had a very difficult time before the game was operated, and in fact, even after the launch of League of Legends, it did not bring much profit to Riot at first.
But thinking about the popularity of masturbation in later generations, Gu Cancan feels that he is about to drool, but there are huge economic benefits in it.
First of all, it is certain that Riot is short of money, otherwise it would not have accepted the financing of eight million US dollars.
Moreover, when Fuji Xun financed Riot, League of Legends had already let Vine Xun act as an agent, indicating that Riot had been in a state of lack of money for a period of time from development to product launch, and they themselves did not clearly determine the value of League of Legends, otherwise they would not have been finally acquired by Teng Xun.
So if Bright Future contacts Riot now and proposes to invest in shares, the other party should not refuse, right?
……
Los Angeles, Santa Monica.
Santa Monica is a city in Los Angeles, California, USA, located on the Pacific coast, west of the city of Los Angeles, is a resort where the winter is warm and the summer is cool, and the transportation is convenient, not only suitable for summer cooling, for those who want to spend a leisurely afternoon, Santa Monica Beach is the best choice.
However, for Wang Ziping, no matter how beautiful the scenery of Santa Monica is, it can't offset the anxiety in his heart.
Wang Ziping is the vice minister of the Ministry of Commerce of Bright Future, and is responsible for overseas foreign contact business.
Last year, Wang Ziping made remarkable achievements in his work, successfully promoted several products of the bright future overseas, and achieved remarkable results, Gu Wei did not treat him badly, and the year-end bonus was issued to Wang Ziping 3 million.
For a while, Wang Zi Pingzhi was satisfied, and felt that if he worked hard for another two years, maybe the vice president would be able to win.
Two weeks ago, Gu Cancan proposed to buy a newly established game company in the United States in Bright Future, which still has no products, and many people don't understand why, including Wang Ziping.
However, the boss Gu Wei is really spoiled by his daughter, and after listening to Gu Cancan's random analysis, he really agreed to invest in the acquisition of this unknown fist company in the future.
In fact, of course, it is not that Gu Wei has a lot of money and has no place to spend it, so he arbitrarily agrees to please his daughter, and in this case, other shareholders will not agree.
If Bright Future wants to acquire an overseas game company, of course, it will conduct enough investigation into this game company, and one of the shareholders, Mango Technology, has also contributed a lot to it, and has successfully understood the situation of Riot, and for the battle game they are developing, Bright Future believes that it is necessary to conduct deeper exploration.
Overseas business is the part that Wang Ziping is responsible for, and he has no choice but to deal with this matter.
As a result, it took the prince three days to wait.
This made Wang Ziping very angry in his heart, it is not Blizzard, a small company with no name.
Wang Ziping took a lot of effort to contact the other party, but the boss of Riot Company was not in the company, so Wang Ziping had to wait in Santa Monica.
Fortunately, the wait was short, and soon, Wang met Brandon Beck and Marc Merrill, the two founders of Riot.
Brandon and Mark were very strange about the visit of their colleagues from Huaxia, and they really couldn't understand why the bright future in Huaxia would contact them, and they were suspicious of their curiosity, so they set a time to meet.
The meeting was at Riot.
Riot Games has offices in an abandoned factory near Santa Monica Beach.
After Wang Ziping arrived at the location by car, the first thing he saw was a rectangular stone tablet standing next to the door, on which stood a Riot anamorphic font logo.
???????? Driving along the cement road into the factory area, stopping in front of a rectangular factory building with black walls, Wang Ziping opened the car door and walked down, looked around, surrounded by low vegetation of the factory, there are some small round tables and red art seats in the open space, from time to time there is a sea breeze, blowing the branches and leaves of various plants gently swaying.
????????“ Mr. Wang, welcome to Riot Games. Brandon Baker and his group had been waiting at the door for a long time, and when they saw Wang Ziping getting out of the car, he greeted him with a smile with a few founding teams.
For Wang Ziping's visit, they paid great attention to the specifications they posed.
????????“ Hi Mr. Baker, the air here is really fresh, you guys have found a good place. Wang Ziping smiled and shook hands with Brandon Baker and exclaimed, and then under Baker's introduction, he shook hands with the main person in charge and the team of Riot Company.
In the face of the curious eyes of a group of people, Wang Ziping showed the confidence and reserve that he should have as a Chinese, and the etiquette standards were appropriate, which made Brandon Baker and Mark Merrill can't help but glance at Wang Ziping.
???????? As Baker and the others entered the company, they saw a white wall, without any decoration except for some game renderings, and the floor was paved with gray-white marble, which was very empty.
"In the future, we will make a one-to-one hero doll sculpture here... By the way, Mr. Wang, let me explain to you that heroes are the characters of the competitive battle games we are developing. Mark Merrill walked side by side with Wang Ziping and explained to Wang Ziping at this time.
The prince exclaimed, "Very good idea. ”
Soon entering the office area, Wang Ziping subconsciously looked up at the ceiling, to be honest, it was very messy, there were pipes and iron shelves everywhere, and the roof was full of wooden planks, although the lights were very bright, but it still gave people a depressing feeling.
The office area is large and empty, with only one area for twenty computer desks and computers, and near the load-bearing wall in the middle, there is a refrigerator, shelves for food, and a few buckets of water, and a desk with a coffee maker and some messy things.
"This is indeed a new company that has not been created in the early stages, and its financial situation is relatively short of money, even if it is not to the point of crisis." Wang Ziping secretly judged in his heart that with this level of cognition, he had a lot of confidence in his heart, and the problems that could be solved with money were not called problems.
Who makes the bright future lack anything, that is, there is no shortage of money.
With the details in mind, in the next negotiations with Brandon Baker and Mark Merrill, Wang Ziping's attitude was much more confident and calm, and after expressing his intentions, the two founders were silent.
Just like Wang Ziping thought in his heart, Riot's economy began to be a bit of a crisis, especially after digging a group of big bulls from Blizzard into the company, the cost increased suddenly, and the funds on the company's books flowed like flowing water.
Although according to the budget, the company's financial support for half a year is not a problem, but the problem is that the progress of the game's development is not satisfactory, and it has been two months slower than expected.
At this pace of development, the company will definitely go bankrupt before the game goes live to make money.
Of the two founders, Mark Merrill is more technical, and socially Brandon Baker is dominant.
"I'm sorry, Wang, thank you very much for the importance your company attaches to our fist, in fact, to be recognized by our peers in the Far East, which is a very big compliment for us, but we have no plans to raise funds." Brandon Baker's words were full of rejection.
Wang Ziping smiled and said, "Oh, Mr. Baker, don't be too busy refusing yet, perhaps, you should take a few minutes to listen to our conditions for capital injection." ”
Brandon Baker and Mark Merrill looked at each other a few times, and Brandon Baker said, "Okay, what are the conditions of your company?" ”
In the original time and space, Tengxun acquired 92% of the shares of Riot for $231 million in 2011, realizing complete control of Riot, so calculated, basically Rattanxun's valuation of Riot is about 320 million.
Of course, it's just 2008, and Riot's work hasn't come out yet, and it's impossible to value Riot so much even if it's crazy in the bright era.
"It's amazing that Riot was able to get a lot of people from the former Blizzard, and that they were willing to join Riot and that Riot was attractive enough. However, I think that on the one hand, the quality of the work will be guaranteed, but on the other hand, the product development cycle will probably exceed the expected time. Wang Ziping said with a smile.
Brandon Baker's face remained silent, and said slowly: "Mr. Wang, let's talk about the conditions of your company." ”
Wang Ziping said: "It is based on our confidence in your company that we give your company a valuation of 30 million US dollars. ”
"Dear Wang, this is impossible, we have the best original paintings, artists, and programmers in the world, and I believe that the works we launch will become bestsellers all over the world! We couldn't accept the price! Mark Merrill said angrily that science men are still lacking in emotional intelligence.
Brandon Baker patted his friend on the arm to signal him to be calm and motioned for Wang Ziping to continue.
Wang Ziping smiled and said: "This is our current valuation of your company, of course, if your company is willing to sell all the equity, the valuation will increase." You two can think about it. ”
"Hehe, we can't sell all the shares."
"That's right."
Brandon Baker and Mark Merrill are on the same page.
Wang Ziping said lightly: "So, how about we inject 6 million US dollars to acquire 20% of your company's shares?" And we promise that we will never interfere in the design and production of Riot Company. ”
This condition is the same as the valuation, but 20% of the shares are still within the acceptable range of the two.
Although the two are tough, they are also eager to get an investment.
Before, the two left the company to find investment, but in the United States, the two visited several venture capital companies, and now it is the low tide of the game entertainment industry, and most venture capitalists have no intention of investing money in the game industry.
After returning in vain, the two unexpectedly met Wang Ziping, and were pleasantly surprised to learn that there was a peer in Huaxia who fell in love with Fist, but this peer is also very shrewd, and the valuation of Fist is not high, just hit the low end of their psychological bottom line, which makes people very uncomfortable, accept unwillingness, and if you don't accept Fist's financial situation, you will fall into passivity.
In the end, it was Brandon Baker who was decisive and decided to accept the injection of capital from the bright future.
After a week of bargaining, Bright Future finally injected $6.5 million to acquire a 21.5% stake in Riot.
When the news reached the Riot employees, there was a rush of revelry.
$6.5 million doesn't sound like much, but in reality, at this time in time, few companies in the U.S. gaming industry have been able to get such a high valuation, and they feel like they've made it.
Bright Future also thinks that it has earned it, and both parties are happy.
Gu Cancan was also very happy when he learned the news, and he successfully got the equity of Riot Company before Teng Xun, so it was logical for the Huaxia agent of League of Legends to get it, which was equivalent to holding a hen that laid golden eggs in his hands.
At this time, Gu Cancan's "Buried Alive" was nominated for an award at the Seattle International Film Festival in the United States, and Gu Cancan came to the United States.
Voted one of the most must-see film festivals, the Seattle International Film Festival brings the best of the world to the Seattle area. It is one of the oldest film festivals in the United States, the largest international film festival in North America, and the most attended film event in North America.
The 2006 Seattle Film Festival featured more than 300 films and 160,000 people watched them.
"Buried Alive" was nominated for the Seattle Film Festival, and Gu Cancan also wanted to visit the famous Riot Company in the original time and space, so he came to the United States three days in advance, and after arriving in the United States, he first went to Santa Monica to visit Riot.
"Tear down the roof and replace it with a glass canopy, to let the sun shine in, it feels too depressing now, it will affect your mood; Here, several rooms are built around the load-bearing wall, a lounge, a drinking area, a café, a food area and a meeting room. The environment of the fist stunned Gu Cancan, and she made a suggestion.
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