Chapter 162: Tenglong Ventures

On May 3, Zhou Yu did not go to Xiong'an New Area, but went to Tenglong Building.

Recently, Liu Shan, the general manager of the Maker Center, often invited Zhou Yu to the Maker Center, and he said that there was something important to report, but Zhou Yu asked him to explain in detail on the phone, and he was a little hesitant.

Just as the virtual world is released, the Internet is surging, and many Internet companies will face a reshuffle.

Some companies will fall from the clouds and become worthless, and some inconspicuous companies will suddenly soar into the sky like pigs on the tuyere.

Zhou Yu also has his own ideas about the Maker Center, and he came to Tenglong Building today.

He will never forget the Tenglong Mansion for the rest of his life, where Xinghuo Technology spent a crucial period of growth, and where Zhou Yu also moved from youth to maturity.

He walked into the Tenglong Building, which has become a well-known maker center, where many talents and investors gather.

The Maker Center plays more of a platform role, connecting entrepreneurs and investors, and providing certain guarantee services for both parties.

Zhou Yu looked at the gradually prosperous Tenglong Building, there are more than 20 companies with a market value of more than 100 million, and he was also very satisfied, he just wanted to plant a seed at that time, but he didn't expect it to be so prosperous now.

He came to the Maker Center office, a small company of just over 20 people.

When Zhou Yu approached Mr. Liu, he was reviewing investment proposals from other entrepreneurs.

After Liu Shan saw Zhou Yu coming, he put down the work in his hand and said happily: "Mr. Zhou, you finally have time to come to our maker center, during this time I have noticed changes in the market, and I have important situations to discuss with you."

As soon as Zhou Yu saw him coming, Liu Shan couldn't wait to report the situation to him.

He asked a little puzzled, "Liu Shan, what do you want to discuss with me?" Why not report it when you call. ”

Liu Shan explained with a smile: "Mr. Zhou, we are engaged in finance, we have too many assets in our hands, and now that technology is very developed, there are always scammers targeting us."

I was almost deceived by a high-tech scammer some time ago, it's not that I was bitten by a snake for ten years and was afraid of the well rope, I thought it was better to be cautious.

There is nothing very urgent, and I always report it in person to ensure my safety. ”

Zhou Yu also understood Liu Shan's thoughts, he had a huge amount of money in his hands, and he was afraid that because of his mistakes, he would cause heavy losses to the company.

It is also good for people who are engaged in finance to have such a cautious mind.

"Now that I have time, what do you think of the Maker Center, you can tell me more carefully."

Zhou Yu began to ask Liu Shan to explain what he was thinking.

Liu Shan took out a stack of materials from the drawer in his office, handed it to Zhou Yu and said, "Mr. Zhou, this is the basic information of the Maker Center.

We have invested in 527 entrepreneurial teams, and 131 have successfully started businesses, of which 82 have reached breakeven, 57 have a valuation of more than 1 million yuan, 31 have a valuation of more than 10 million yuan, and 22 have a valuation of more than 100 million yuan.

At present, because of the profit methods such as equity redemption and sale, the maker center now has 1.8 billion activity funds on its books. ”

Zhou Yu looked at the basic information of the Maker Center, and he saw the rapid development of the companies invested by the Maker Center, but he didn't expect the Maker Center to also develop rapidly.

The Maker Center is not an asset of the Tenglong Building itself, and its initial capital is less than 100 million yuan. At present, there are 327 projects under investment, and there are still 1.8 billion yuan of remaining funds on the books.

Financial investment is a very lucrative industry, not to mention a riskier venture capital.

The main profit model of the maker center is that after the expiration of the agreed investment period, the management team of the venture or other investors buy the original shares held by the maker center.

"The development of the maker center was beyond my expectations, I didn't expect Liu Shan to come to engage in finance, and it would be a second spring in life." Zhou Yu praised happily.

Liu Shan said modestly: "I didn't find the right direction before, but now I have discovered my talent in the field of angel investment."

Mr. Zhou, I want to report to you that the company's restructuring is the company's restructuring.

The original intention of the Maker Center is to support the development of makers and provide them with technical and talent support with Tenglong Building as the core.

But now it has completed the original accumulation, and only relying on the entrepreneurial team where Tenglong Building is located cannot satisfy our company.

I suggest that the Maker Center be officially changed to a venture capital company, mainly engaged in angel investment work.

Now that smart bracelets have appeared, VR smart glasses are impacting the market with the virtual world.

I think a number of new companies will emerge that are in line with the characteristics of the times, and we should take the initiative to find potential companies with the help of Xinghuo Technology's big data platform.

Ordinary angel investment firms, as long as 10% of the projects are successful, they will get very large returns.

I think that with the big data provided by Xinghuo Technology, if we set up an angel investment company, the success rate should be at least 20%. ”

When Zhou Yu heard Liu Shan's words, he nodded again and again, and he also felt that the maker center should not be limited to Tenglong Building.

When he occasionally hears employees chatting, many people have the idea of quitting their jobs and starting their own businesses.

Zhou Yu is supportive of these young people who have ideas, after all, if they want to go out and start a business, they can only work in the field they know best. This is to improve the ecological chain of Xinghuo Technology.

Originally, he wanted the maker center to also establish a branch at the company's headquarters.

After all, Xinghuo Technology directly supports employees to start their own businesses, which will cause turmoil for some incapable people.

It is more appropriate for Zhou Yu to invest in the company controlled by himself.

He didn't expect Liu Shan to develop the maker center so well, and he could set up a formal venture capital company in one step.

"Do you have a detailed plan for setting up a VC company?" Zhou Yu asked him.

When Liu Shan heard Zhou Yu ask like this, he knew that his goal could basically be achieved.

Immediately take out from the drawer the plan that he had already designed, the Maker Center into a venture capital company.

After reading this plan, Zhou Yu said with satisfaction: "Your plan is very good, the maker center can be transformed into a venture capital company, and it will be called Tenglong Venture Capital."

The financial system is a little imperfect, you also need to access Xiaomi's financial management system, and I will also ask an internationally renowned accounting firm to review your quarterly financial reports. ”

Liu Shan got Zhou Yu's approval, and immediately began to change the operation mode of Tenglong Venture Capital, and took the initiative to contact people with entrepreneurial ideas.

With the support of Xinghuo Technology's big data, Tenglong Venture Capital has become a legendary company in the field of venture capital.

Tenglong Ventures invested in Envision Entertainment to create a novel model of making movies in the virtual world.

It directly reduces the cost of movies by 70%, increases the shooting speed by 300%, and greatly lowers the threshold for making movies, realizing that everyone can be a director.

Tenglong Ventures invested in Queqiao, and they pioneered the discovery of a new feature of blind date.

Directly let two people who have a good impression of each other try to marry in the virtual world and find the real one in life.

Tenglong Ventures invests in Seven Tricks Entertainment, a game company that focuses on stand-alone games.

They manufacture 3A large-scale virtual reality games with traditional cultural connotations, and their reputation is famous overseas.