Um! "
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"OK!"
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"I see!"
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"I know what to do!"
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After hanging up the phone, Chen Tianlin said with a smile: "Focus would like to hear what they think about eating. The time is up to them."
"Oh?" Li Jie nodded thoughtfully, and then thanked him: "Thank you for this today."
"Hi!" Chen Tianlin waved his hand and said boldly: "Why are we so polite to each other? By the way, Focus has recently been interested in getting involved in the e-sports circle and is preparing to invest in Hero Sports, a subsidiary of Hero Interactive Entertainment. Are you interested in this CASE deal? ?”
Hero Interactive Entertainment is a company that specializes in mobile e-sports. It was established in 2015 and was listed on the New Third Board that year. It has currently released mobile games including "National Gun War", "Shadow Blade", "Tiantian Dancing" and other mobile games. It is currently the second largest mobile e-sports game publisher in China, second only to Penguin.
The two founders are both born in the 1980s. Among them, Wu Dan once worked for Five Minutes Game Company (which developed Happy Farm), and later joined ZhenFund (an angel investment fund established by New Oriental founders Xu Xiaoping and Wang Qiang together with Sequoia Capital. Xu Xiaoping is a member of the venture capital circle (popular Fried Chicken), in 2015 Wu Dan left ZhenFund and founded Hero Interactive Entertainment with another founder Yin Shulin.
Hero Interactive Entertainment is a star company in the gaming industry and is known as the 'first stock in mobile e-sports'. Shortly after its establishment, it received 200 million yuan in Series A financing. Investors include ZhenFund Xu Xiaoping and China Star Capital Bao Yifan. , Sequoia China’s Shen Nanpeng (these three are all big names in the investment circle), and then Mr. Wang, the son of the richest investor in the B round, also entered the game, and in the C round, a Chinese brother invested 1.9 billion.
Li Jie shook his head: "I'm not interested in this case. To put it bluntly, Focus' recent business growth has been weak. The strategic cooperation with Hero Interactive Entertainment is just to penetrate the young user group. However, Hero Sports has just begun to form. Focus Exchanging 300 million for a few percent of the equity equals a valuation of over 3.6 billion for Hero Sports. The premium is too high and this stepping stone is too expensive. How could I do such an obviously loss-making deal?"
Li Jie knew what Focus was thinking. It was just that the plate of Hero Interactive Entertainment was too big for them to eat. However, he did not want to give up the young people market, so he used this obviously loss-making deal as a stepping stone, hoping that Hero Interactive Entertainment could achieve success. Deep strategic cooperation.
If Li Jie makes this deal, his undefeated record will be ruined.
Chen Tianlin is also a person with a keen sense of smell. What Li Jie said must mean that he is not optimistic about the development of Hero Sports or Hero Interactive Entertainment, but everyone who invests in Hero Interactive Entertainment knows the well-known big names.
'Is this deal really worth losing? '
Thinking of this, Chen Tianlin hurriedly asked: "Brother, the mobile game market is booming now. As the second largest mobile e-sports game publisher, Hero Interactive Entertainment has a very obvious advantage. Do you have any different opinions?"
Li Jie smiled calmly and pointed at it: "Brother Chen, don't forget where we are. Indeed, the development of mobile games has indeed exploded in the past two years. The market is hot and the ability to attract money is extremely strong. But it also brings about a series of problems, such as pornography and gambling, induced consumption, etc.”
"Actually, Brother Chen, as long as you pay more attention to social news, you will know that basically every once in a while, there will be things like XX primary school students secretly spending their parents' huge savings in games, XX teenagers addicted to Internet gambling, addicted to a certain game, and even Because the game goes down the path of crime.”
"In China, the biggest risk for the development of the industry is policy risk. This is an iron rule. Such chaos, Brother Chen, do you think the higher authorities will not rectify it?"
Chen Tianlin usually has little contact with the gaming industry and does not pay enough attention to it. Li Jie said that he knew a little, but his understanding was not that deep. His eyebrows were furrowed. After a while, he spoke in an uncertain tone. asked.
"Then what do you think the higher ups will do?"
Li Jie smiled and said word by word: "Publication number!"
The word 'version number' is like a blow to Chen Tianlin's heart. There are only two countries in the world that require version numbers for their games, one is Huaxia and the other is Annan. It is really easy for the higher-ups to rectify the mobile game industry. However, just one failure in approval is nothing less than a fatal blow to game companies.
The impact of this incident was so great that Chen Tianlin couldn't completely believe it for a while, but in view of the few words Li Jie had revealed to him before, it all proved that the other party's eyes seemed to be able to see through the future, and everything the other party said turned into Reality.
"Brother, this matter is too big. I really don't know what to do. Can you..."
Li Jie secretly sighed, this is the difference between Chen Tianlin and Tan Zongming. If Tan Zongming were here, Lao Tan would definitely trust him unconditionally, but Chen Tianlin obviously has more things to consider.
Of course, on the one hand, Lao Tan himself is the boss, and Chen Tianlin has a high status. After all, he is still a part-time worker. He must first be responsible to the company's shareholders. On the other hand, Chen Tianlin has certain differences with Lao Tan in terms of courage and vision. difference.
Li Jie can understand Chen Tianlin's approach, not to mention that it is of little use to keep this information in his mind. After all, he does not invest, so instead of shelving it, he might as well tell the people who should be told, and use this 'future information' in exchange for some What.
"Of course, no problem, Brother Chen. Since the birth of online games, there have been discussions on preventing teenagers from being addicted to video games. The anti-addiction system was also born at the right time. With the innovation of smartphones, 4G networks and computer technology, games have The focus of the industry has shifted from PC to mobile, and Hero Interactive Entertainment has only taken advantage of this wave of dividends to embark on the fast track of development."
"Everything in the world is always in conflict with each other. There are advantages and disadvantages. The mobile game market is so hot that it will inevitably attract a large influx of capital. I believe that I know the nature of capital. Making money is the core and the first priority. , it is not impossible to fish even if you exhaust yourself in order to make money.”
"The influx of large amounts of capital will inevitably lead to competitive imbalances. Some game companies are trying to attract attention and earn a lot of money. To be honest, I won't be surprised by any boos they throw out, and these intruders (shit stirrups!) ) will inevitably worsen the overall environment of the entire industry. Once it reaches a certain critical point, it will only be a matter of time before it attracts attention and rectification from above."
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This conversation was more about Li Jie talking and Chen Tianlin listening. After a free conversation, Chen Tianlin finally convinced himself. In fact, from the bottom of his heart, he believed what Li Jie said before, but he didn't have enough confidence in his heart.
