Normal startups don't have similar problems so quickly.

The main thing is that Riot is moving too fast, and the sooner these things are clarified, the better.

For Zhou Xin, he has formulated a complete development strategy for the next three years, and the sooner the company structure is sorted out, the more important it is.

After completing the equity split with the initial founder team, Zhou Xin realized a very serious problem, that is, there was no money in his hands.

More than $10 million in cash flow is a lot for personal life or entrepreneurial businesses.

There are 10 million US dollars, and the interest is enough to live on the upper middle class of Ameriken.

It's not bad for an average startup to have a million dollars in an angel round.

But compared with the strategy formulated by Zhou Xin, this thousand is really nothing.

At present, the average salary package of a large factory in Silicon Valley is about $5,000 a month.

Now almost as long as it is an Internet company, it can go public on the NASDAQ, which raises the salary level of Internet-related industries to a high level.

It wasn't until the dot-com bubble burst at the beginning of the millennium that things got better.

To start a business, you need to prepare at least one year's salary for employees, which cannot be used as cash flow.

Lei Jun said in an interview that what he prepared for rice was the cash flow of all employees' salaries for three years as a reserve.

Zhou Xin plans to initially build a 100-person structure for the three companies, which means that it will cost about 6 million here.

Plus a series of money for renting servers, buying network bandwidth, etc.

Ten million is not enough to spend.

With the growing popularity of the e-community, the size of the server has been expanding, and the e-community sector is also expanding rapidly, and the moderators, administrators, and moderators alone are a lot of expenses.

Another important point about payment software is that with his resources, he can't find a bank with enough background to work with.

Selling video games online through SMS verification codes is a viable way to work with Huaguo Bank's Los Angeles branch.

But when it comes to entering the field of electronic payment, let alone the Los Angeles branch, even if you can't find Huaguo Bank.

Huaguo Bank's influence in Ameriken is too weak.

And in the future, after Ameriken gradually realizes the importance of electronic payment, Huaguo Bank will obviously not be able to help him resist the pressure behind it.

This matter can be compared to the cooperation between Alipay and Tianhong Fund to sell Yu Bao back then.

Before the sale of Yu Bao, Tianhong Fund was an unknown public fund company ranked around 50.

After cooperating with Alipay, it has become the largest public fund company and the only public fund company with hundreds of billions of products.

Later, it was acquired and controlled by Ant Financial.

Zhou Xin estimated that at a certain stage, Ameriken would definitely not allow electronic payments to be in his hands.

But you also have to find a backer behind yourself who is influential enough, and when that day comes, you can sell it for a good price.

The payment software with the largest market share is not too much to change to AMD, right?

......

"Rising star

As the Ameriken tech industry moves into what some call middle age, it's unlikely that anyone will ever make the same money again as Bill Gates once was. As there are so many bright minds and investors who are fighting hard for the chance of getting a gold ring.

We've previously taken stock of people who could become the next round of tech billionaires, and some of them have already made it, like Jerry Yang.

Yahoo only went public last year, and its market capitalization has already exceeded the $4 billion mark. With the launch of Yahoo Mail, Yahoo! To be the most valuable and recognized internet brand in the world.

Today we are not talking about Jerry Yang, but about another Chinese - Newman Zhou.

Newman Zhou's entrepreneurial story is even more legendary than Jerry Yang's, a year ago he was just an ordinary college student in China, and a year later he has a company in Silicon Valley that is valued at more than $100 million, and his video games have more than a million paying users worldwide..."

Since the success of Angry Birds, there has been a lot of media attention to Riot, mainly in the video game genre.

Their focus is also on the game itself.

Later, the entire gaming industry turned its attention to the payment system behind Angry Birds' unique way of publishing.

During this period, Internet media and some print media successively focused on Riot Games.

After the news of Zhou Xin and Bill Gates having dinner together was reported by the local media in Los Angeles, Zhou Xin began to appear on the media page one after another.

It was towards the end of 1998, and a number of game developers approached Riot Games and expressed their desire to release their games through Riot Games.

That is, through bank card transfer, SMS verification code download.

These games are dominated by games that have been released in the past few years.

Even if there will be a flood of pirated download links after the release this way, developers will not be afraid, after all, these games are past their prime of release.

Riot's commission is 20%, which is quite conscientious compared to the 50% commission.

Of course, there are also game developers who choose to buy their complete set of all-online publishing solutions.

For example, Relic Software, whose "Home" developed this year was well received at E3.

These game developers, who would rather get a 20% cut and distribute through Riot Games, value the digital community that Riot Games builds.

The more than 300,000 active users of the electronic community are the root cause of their willingness.

And the old games that were released through Riot Games have been given a new lease of life.

For those who didn't buy the game for various reasons, many players discussed the game every day in the Riot community, but after that point in time, it was difficult to find an offline store where the game was released.

At this time, the "spokesperson" of the forum posted a link to buy online.

Instantly attracts players who have missed it.

For users who don't have an account, the e-community can also be browsed, but they don't have permission to post and reply.

After the revival of several old games, a large number of game developers approached Riot Games to work with them.

The power of the two-wheel drive of electronic communities and game publishing is gradually being realized.

The New York Times, one of Ameriken's top three media, finally began to be able to bear on Zhou Xin.

At least in the Internet world, Zhou Xin is no longer an unknown little person.

It's a rising star.

For Riot, there's a ton of collaboration coming your way.

For Zhou Xin, a large number of investors approached him, hoping to invest in Riot Games.