Hanyu: I Really Have Superpowers
Chapter 376 Oppa is amazing!
In business, concepts such as angel investment, Series A financing, Series B financing, and Series C financing often appear.
What exactly do these concepts mean?
it's actually really easy.
Angel investment refers to the fact that a project has just been launched or has not been launched yet. If there is foreign investment at this time, it is called angel investment.
The general amount of angel investment is not very large, ranging from one to two million RMB to as much as one or two million RMB.
When the project is launched for a period of time, in order to speed up the development of the project, the first round of financing is the A round of financing.
The amount of Series A financing is quite large, ranging from tens of millions of RMB to hundreds of millions of RMB.
When the project has been launched for a long time, it has achieved certain success. In order to expand the development of the project, the second round of financing is the B round of financing.
The amount of B round financing is more, generally calculated in units of 100 million.
And so on, there may be C rounds of financing, D rounds of financing-, E rounds of financing...
In the previous life, on January 1, 2014, Douyu was officially established.
In April 2014, Douyu received an angel investment of RMB 20 million from Aofei Animation.
In June 2014, Douyu received a $20 million Series A investment from Sequoia Capital.
In March 2016, Douyu received more than $100 million in Series B financing led by Tencent, and several other companies followed suit.
In August 2016, Douyu completed the C round of financing with an amount of 1.5 billion yuan. This round of financing was led by Phoenix Capital and Tencent, and many companies followed suit. Therefore, Douyu became the first network in China to enter the C round of financing. Live platform.
In the first half of 2017, Douyu completed the D round of financing, becoming the first online live broadcast platform in China to enter the D round of financing.
In March 2018, Douyu conducted an E-round financing, this time exclusively invested by Tencent, with an amount of 630 million US dollars.
In July 2018, Douyu conducted an IPO in the United States, raising more than $600 million.
In July 2019, Douyu was listed on the Nasdaq exchange in the United States.
In October 2020, Huya acquired all the issued shares of Douyu through a stock-for-stock merger, and Douyu became a private wholly-owned subsidiary of Huya and will be delisted from Nasdaq.
Now, YUDO has only been online for a month, and several companies have already found Zheng Xing and want to make angel investment.
Even Jin Fanzhu from Kakao called tonight and said he wanted angel investment, but Zheng Xing declined.
Why decline?
Because the amount of angel investment is not very large, ranging from 1 to 2 million RMB to as much as 12 million RMB.
Zheng Xing is not bad for this amount of money, but he doesn't want to let other companies participate as angel investors so early, and let other companies exchange a lot of YUDO shares for a small amount of investment.
Zheng Xing will not suffer this kind of loss!
However, Zheng Xing has already planned to let YUDO conduct A round of financing after a period of time. Zheng Xing intends to raise 30 million US dollars.
In the previous life, Douyu’s Series A financing was US$20 million, but now, YUDO under Zheng Xing is distributed in four countries: China, the United States, South Korea, and Japan, covering the world. Naturally, more Series A financing is needed.
30 million US dollars is not a small amount for the current Zheng Xing.
In fact, Zheng Xing's Series A financing to get $30 million in funding is only a secondary reason, the main reason is that he needs to find a strong partner for YUDO!
If nothing else, YUDO will be very successful in the future, the scale will be very large, and the market value will be very high...
Such a large company, not to mention South Korea, where the chaebols are rampant, cannot eat alone even in China, otherwise they will be severely suppressed.
Zheng Xing is bound to find a strong partner, that is, to find a backer.
You must know that even Kakao has strong partners and has several powerful shareholders, including chaebols and Tengxun from China.
So Zheng Xing said to Jin Fanzhu, expecting Jin Fanzhu to make A round investment in YUDO.
Zheng Xing told Jin Fanzhu that he and Jin Fanzhu are not only business partners, but also friends in life. This is not hypocritical, in fact, he and Kim Bum Joo are indeed in such a relationship now.
In addition, with Zheng Xing's current understanding of Jin Fanzhu, I feel that Jin Fanzhu's character is not bad, and Jin Fanzhu also has enough control in Kakao.
In this case, Zheng Xing would of course prefer Jin Fanzhu to make a Series A investment in YUDO compared to the unfamiliar business tycoon.
0 asking for flowers..
However, even if there is a Jin Fanzhu, Zheng Xing still feels that it is not enough to guarantee YUDO, and in the future, he needs to find other business leaders to participate.
Therefore, Zheng Xing still has plans. When YUDO conducts the B round of financing in the future, in addition to Jin Fanzhu, he will find one or two business leaders to participate.
In this regard, Zheng Xing already has a candidate in mind, and this person is Xu Qingpei, the president of Amorepacific Group.
Although Xu Qingpei's Amore Pacific Group also invests in the IT industry, the IT industry is not the main business of this chaebol group, nor is it a pillar business.
In Zheng Xing's view, Xu Qingpei should not take the initiative to ask him to invest in YUDO.
It doesn't matter, Xu Qing does not take the initiative, Zheng Xing takes the initiative.
..0
Zheng Xing has already planned that when YUDO conducts the B round of financing, he will take the initiative to meet Xu Qingpei and invite Xu Qingpei to participate in YUDO's B round of investment.
Right now, Zheng Xing tried his best to explain Li Zhien and Cui Xueli in concise language and answered their questions.
Both Li Zhien and Cui Xueli understood and admired Zheng Xing.
Cui Xueli sighed: "Oba is really amazing, now he really looks like a formidable businessman.
Li Zhien also sighed: "Dafa, when you told me to invest in an online live broadcast platform, I doubted that it would make any money, but now it seems that this investment by Oppa will really make a lot of money!
Immediately, Cui Xueli was concerned about money: "Oba, how much can you get from the $30 million in Series A financing?"
Li Zhien was also curious about this question and stared at Zheng Xing with wide eyes.
30 million US dollars, in her previous life, even though Li Zhien was very popular in South Korea for many years, she could earn this amount for many years, but in 2020, after the money spent, her personal property is only more than 100 million yuan.
Now Zheng Xing has created a YUDO live broadcast platform, and the A round of financing can actually get 30 million US dollars, and according to Zheng Xing, there will be larger amounts of B rounds of financing, C rounds of financing, D rounds of financing, E rounds of financing, and E rounds of financing. round of financing...
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