RT Club.

After some haggling, both sides eventually took a step back and reached an agreement.

Lin Mu added another two million in exchange for a one-year live broadcast contract for a 22 million+ team in exchange for 30% of Douyu's shares.

Of course, in order to dispel the other party's doubts, Lin Mu promised not to interfere with the company's management and operation, and when necessary, to stand up for the other party and promote it among the vast League of Legends player community.

A few days later, a formal contract was signed.

It is worth mentioning that Zhang Wenming, the signing representative sent by the betta side, had a particularly wonderful expression when signing the contract, as if he had eaten expired food.

Of course, Lin Mu didn't deliberately stimulate him.

After all, before he crossed the corner, the proportion of shares in the company was second only to Chen Shaojie.

As a co-founder, Zhang Wenming's status in Betta is self-evident.

However, with the addition of Lin Mu, his identity as the second largest shareholder of Douyu immediately changed.

It's no wonder that Zhang Wenming is so resistant to himself.

At this time, Lin Mu had already taken his place, and the shares held in Douyu were second only to Chen Shaojie himself, becoming the second largest shareholder of Douyu.

After sending Zhang Wenming and the others away, Lin Mu lit a cigarette and began to swallow clouds and smoke.

"You're so confident in this project?" The god of fire appeared next to him at some point.

As a top student of the Department of Finance at Fudan University, Lin Mu has asked him a lot about investment in the past few days.

As his closest teammate, from Lin Mu's recent performances, Yanhuo can see that he is ambitious and determined to win in this project.

"I don't have confidence in this project, but I have confidence in the live broadcast environment in the future." Lin Mu spat out a smoke ring.

No one knows better than him that with the shareholder wind of League of Legends, in the next year, the live broadcast industry will have an explosive leap, when e-sports will be the mainstay, and all kinds of live broadcasts such as consoles, outdoor, and beauties will usher in a golden period.

"But, a lot of times, the environment is deceiving." The god of fire also took one from his cigarette case.

"You're right." Lin Mu took a deep breath and stopped refutating.

He couldn't explain it.

In fact, what the Fire God said was indeed right, if Chen Shaojie and others continued to do this, he would have to wait at least a year or two if he wanted to recover the cost.

However, many times the project itself is not the most important thing, the important thing is to find the right time.

The reason why Douyu can have the prosperity of future generations, with a start-up capital of 20 million, has become a well-known domestic unicorn enterprise with a valuation of more than 1 billion US dollars in just two years, in addition to relying on the efforts of Chen Shaojie's entrepreneurial team, the most important driving force is external factors.

This external factor is that in August 2014, Amazon acquired Titch for $970 million!

It can be said that it is precisely because of the birth of this acquisition case that the prosperity of Douyu and the birth of a large number of domestic live broadcast platforms such as Panda Huya!

The live broadcast industry began to be sought after by capital, and even the value of the anchors has risen and doubled wildly.

Man will conquer the day?

No, it should be the will of God.

By 2017, in terms of the total duration of live broadcasts, the number of users, monthly active users, and the highest number of online users, Douyu has even surpassed Titch and become the world's largest live broadcast platform.

At that time, Douyu's valuation will exceed 10 billion, and even a giant like Tencent, which has its own live broadcast platform, can't stand the temptation to throw a lot of money at Chen Shaojie!

It is precisely because of this that Lin Mu will not hesitate to sell his live broadcast contract with the team, and try to ask for more shares, even the last 2%.

After all, although RT is in full swing at the moment, in this environment where anchors generally eat instant noodles, the anchor's value is far from so high!

In the case of Lin Mu, even if it is their entire team, the signing fee may only be around two million a year, and never more than three million.

A contract worth three million + 2 million cash in exchange for 5% more shares, it's definitely worth it.

According to the stock price, two years later, this 5% of the shares will be equivalent to 50 million US dollars!

Of course, Lin Mu's goal is not that ambitious.

For him, as long as the Titch acquisition case occurs eight months later, and the market value of Douyu rises for the first time, then he can change shares according to the situation, and even retire successfully.

At that time, he will at least become a billionaire.

You know, a month after Titch was acquired, Douyu received $20 million in financing from Sequoia Capital in Silicon Valley.

The shares sold by Chen Shaojie and others are only 15%.

In other words, before that, the market value of Betta was at least more than 100 million US dollars.

Lin Mu calculated an account for himself, and if he transferred all the shares in his hand at that time, he would be able to return at least 200 million yuan.

And Tencent, which is the most coveted by Douyu, is undoubtedly the best candidate to take over.

Lin Mu is self-aware, knowing that it is impossible to fight with these big conglomerates in the next rounds of financing with his own strength, let alone keep his shares by chasing investment.

You must know that in the next round of B financing and C round of financing of Douyu, the amount of financing alone has reached 100 million US dollars and 250 million US dollars.

At that point, it will really be a game for big conglomerates.

Rather than letting the shares be slowly diluted in your own hands, it is better to sell them decisively before the first round of financing!

From 20 million, to 200 million!

Eight months, ten times the ROI.

For Lin Mu, this was enough.

Even with the arrival of the live broadcast bubble, the value of professional players after S5 has also exploded, and he doesn't have to worry that he has no financial guarantee.

For Lin Mu, he didn't invest in Douyu for fun, let alone for the sake of the live broadcast industry.

As long as you make a fortune, you can slip away!

In the future, even if he just uses this money to invest in real estate, with the rising housing prices in Shanghai, it will be enough for his daily expenses.

"Lao Xia, let me inform Xue Qing, the opening time of Betta is the first day of the new year, let her set aside time on the schedule, the live broadcast debut on New Year's Day, we have five people in the team, and none of them can be missing." Lin Mu commanded.

Since he bragged in front of others, he naturally couldn't help but take it to heart.

What's more, for him, who is already the second largest shareholder of Douyu, this is working for himself.

The better the betta develops, the more he will be rewarded.

Yu Haiyang, Tencent's investment director, said: "Betta makes Tencent never forget."

Cao Xi, managing director of Sequoia Capital China, said: "Betta is the person we are looking for".

Lin Mu said: "One-third of the betta fish is mine. ”