He doesn't want to be so impetuous, but hopes to be able to immerse himself in it for a long time.

"understood."

Lu Kai also understood, "I will suggest Germination Investment to build a dedicated semiconductor research group internally to conduct investment research in the semiconductor industry."

"I believe you."

Zhang Shuo is only responsible for controlling the general direction, and does not intervene much in the specific investment business.

At the end of the conversation, Lu Kai suddenly mentioned something, "Mr. Zhang, I got news that last week, Scarlet Capital led the angel round investment of a start-up company. It is said that this start-up company was founded by a graduate student from Binhai University. , leading blood testing technology.”

"You mean Luopu Medical, founded by Su Beibei?" Zhang Shuo had a strange expression.

"Yes, this is the one, Mr. Zhang, have you been in contact with it?"

Lu Kai was very surprised. He also paid extra attention because he was related to Binhai University. It was originally just a gossip on the spot.

Unexpectedly, there seems to be a story in it.

"This Su Beibei also approached me, hoping that Germina could invest, but I rejected it on the spot." Zhang Shuo really underestimated this Su Beibei, and even got in touch with Scarlet Capital in a blink of an eye.

It can be seen that there are indeed some means.

What Zhang Shuo didn't know was whether Su Beibei could be favored by Scarlet Capital, or whether he was "stained" by him.

After being rejected by Zhang Shuo.

Su Beibei was furious, and found out that Scarlet Capital was not dealing with Germinal on the Internet, so she took the initiative to contact Scarlet Capital, saying that Zhang Shuo, the project in her hand, was approved, but it was not in line with Germinal's investment direction.

A wave of reverse q came.

When Scarlet Capital heard this, it really became interested. Although it was dubious about this blood testing technology, as a venture capitalist, it looked at the problem from a different angle than Zhang Shuo.

At least in the eyes of Scarlet Capital, this thing can become a good story if it is packaged.

That's worth the investment!

Anyway, for Scarlet Capital, which casts a wide net, investing several million angel rounds in Luopu Medical is like sprinkling water. It is gratifying to succeed, but there is no loss if it fails.

You can also disgust Zhang Shuo by the way, why not do it?

"That!"

Realizing that there might be a little gossip in it, Lu Kai tactfully didn't ask any more questions, but at the same time, he kept an eye out for people to pay attention to this Luopu Medical.

Let's see what kind of troubles come out in the future.

.........

After Lu Kai left, Zhang Shuo called Zhao Xiaohu to the office and asked about the connection between Qinghe Technology and Binhai City, so as to know what he knew.

Ok!

Zhao Xiaohu is also a very well-behaved person, and nothing happened in between.

At the end of the conversation, Zhang Shuo suddenly asked about the situation of Panda Live, "Last month, how was the user growth of Panda Live?"

"To be honest, it's average."

Zhao Xiaohu also said, "When it comes to game live streaming, client games play a major role after all. Now the only client game that Panda Live can broadcast live is Dota 2, which is too thin."

As the enthusiasm for the TI1 event subsided, Panda Live also fell into a growth bottleneck period.

"Look, is it possible to introduce Tenda's games, such as "League of Legends", "Dungeon and Fighter" and "Cross Fire"?" Zhang Shuo had a whim.

"This, I'm afraid it's difficult?"

Tengda and Mengya are half deadly enemies now, "Pangda's anchor tried to broadcast "Cross Fire" before, and soon we received a warning letter from Tenda's lawyer."

It can be seen how guarded Tengda is against Pangda’s live broadcast.

"Then what if we allow Tenda to take a stake in Pangda Live?"

Zhang Shuo did not come on a whim. After realizing that Tengda and Scarlet Capital were getting closer, he was already thinking about whether to improve the relationship with Tengda a little.

It's not that you have to turn enemies into friends.

At least Scarlet Capital should not be allowed to get too close to Tenda, that would cause headaches for Germinal Investment.

fortress!

Often differentiated from within.

As long as Germina and Tenda have further cooperation, it is impossible for Scarlet Capital to have no grudges against Tenda. After all, when Tenda acquired Dacong Dianping, Scarlet Capital had been abandoned once.

One must be the other, isn't it?

"If that's the case, then you can get in touch with Tengda."

Zhao Xiaohu didn't object either.

If after the introduction of Tenda’s investment, Panda Live can broadcast Tenda’s end games, it will be tantamount to establishing its dominance in China’s game live broadcast field.

It's a win-win.

Chapter 305 Weixin breaks the circle, Tengda panics, Ari asks for cooperation!

Zhang Shuo agreed to open Panda Live to Tenda, which is also a continuation of the previous business strategy adjustment.

In addition to opening up the financing gates for non-core businesses, it is also gradually shifting the budding core strategy from the Internet to the manufacturing industry represented by mobile phones, semiconductors, and electric vehicles.

In the Internet business, it is not appropriate to invest too much operating funds.

"By the way, when talking about investment with Tengda, you have to act quickly. It's best to sign the investment contract before next week." Zhang Shuo specially instructed Zhao Xiaohu.

"Is it so urgent?" Zhao Xiaohu was puzzled.

"You think, isn't Weixin going to release a major update next week? When Weixin is updated and threatens the status of ICQ, then Tengda will feel better. What if it goes back on its word?" Zhang Shuo reminded with a smile.

"...Is that the reason?"

Zhao Xiaohu agrees with his mouth, but he is very weird in his heart, always feeling that the boss is a devil.

Zhang Shuo was also very helpless.

He agreed to Pangda's live broadcast financing. He originally wanted to show his favor to Tenda and at the same time drive a wedge between Scarlet Capital and Tenda, but he couldn't stand the business conflict between Germination and Tenda.

Nothing will get better.

At most, I can only release a little kindness, and don't tear the surface completely.

.........

the next day.

When I was eating with Tang Yu and the others at noon, I unconsciously talked about my graduation project.

"Ah, I'm going crazy, and I haven't finished the first draft until now." Recently, Tang Yu almost fell into anxiety in order to prepare her graduation thesis.

"Me too."

Murong Yan was even worse. Ever since she became an anchor, she had no intention of studying.

"Heh, scumbag."

Zhang Shuo was not sympathetic at all. Compared with master's and doctoral dissertations, undergraduate graduation thesis should not be too simple. As long as you work hard, you can basically pass the defense.

There is a very interesting metaphor on the Internet to describe the difference in difficulty between the three.

Doctoral dissertation - "There should be a bird in this room, you should think of a way, find out where it is, and come up with an original tool to knock it down."

Master's thesis - "There should be a bird in the direction of my finger, take the equipment that the teacher gave you and knock it down."

Undergraduate Thesis - "Look, there's a dead bird in front of you, pick it up and give it to me."

That is to say, as long as you prepare carefully and have taken classes carefully before, there is basically no difficulty in passing the undergraduate graduation project, but the degree of completion varies.

"Third brother, you are standing and talking without back pain."

Tang Yu was very annoyed. Although she loved to play, she basically didn't skip classes or fail subjects.

"I'm not talking nonsense. Look at Xiaoxi, the graduation project has already been finished."

"Ha ha."

Tang Yu rolled his eyes at Zhang Shuo, "Xiaoxi is a god of learning, how can he compare with ordinary people like us?" Ever since he won the Youth Award, Gu Xiaoxi has become a legend in Binhai University.

"Not only a god of learning, but also a little rich woman."

Murong Yan and the others already knew about Gu Xiaoxi's purchase of a house, and they couldn't restrain the envy in their eyes.

.........

While Zhang Shuo was in the library, Zhao Xiaohu's actions were also very fast.

He originally came from Tenda, and he has a wide network of contacts in Tenda. He quickly got in touch with Tenda and expressed his willingness to cooperate with Tenda in the field of game live broadcasting.

The result is.

The second master called the two generals Lu Jian and Yu Yu together to discuss.

"Does this count as Mengya's gesture of favor to us?" Lu Jian had a playful expression.

In the eyes of the outside world, although Qingcheng Group had a round of financing, on the whole, Mengya is still an iron rooster, and he is very protective, holding many projects in his hand, but never raises externally.

It is rare that this time he even took the initiative to come to ask for cooperation.

"Mr. Ya is not really kind. It is because the development of Pangda's live broadcast has encountered a bottleneck and urgently needs to cooperate with us. That's why Baba came to us." Fengyu saw through the intention behind Mengya at once.

"Then what's your opinion, do you want to agree to cooperate with Germination?" Second Master asked.

"We can cooperate."

Yu Yu's attitude is also very clear, "No matter what small plans Germination has, being able to take the opportunity to invest in Panda Live is a win-win for us, and there is nothing to tangle with."

Although he has already invested in Huya Live, but from Tengda's point of view, he naturally hopes to catch them all.

"That's the truth."

The second master's sense of Zhang Shuo is also extremely complicated, but no matter how complicated it is, Tengda has no reason to refuse the cooperation opportunity presented to him.

"Investment is investment, and the support for Huya's live broadcast cannot be interrupted, and even more support is required. It is best for us to follow the example of Germination and incubate a game live broadcast software by ourselves, and strive to form a three-legged pattern. Germination is one of them. Tengda accounts for the third, and basically can remain invincible."

The second master deserves to be the second master, and he will never forget the horse racing mechanism wherever he goes.

From Tengda’s point of view, the biggest significance of this opportunity to invest in Panda’s live broadcast is not to promote the games under Tengda, but to take the opportunity to break into the inside of Germination.

"Absolutely!!"

Lu Jian and Yu Yu gave thumbs up together.

.........

Both sides have a consensus, and the negotiation will be very fast.

After the communication on Tuesday, the two sides dispatched a negotiating team to start negotiations on specific investment terms the next day.

Under Zhao Xiaohu's deliberate promotion, the two parties finalized the investment contract on Friday.

The overall valuation of Panda Live is 20 billion, and it has opened a round of financing. Tenda is the main investor, with an investment of 3 million, and obtained 15% of the shares of Panda Live.

The prerequisite is that Panda Live will be authorized to broadcast games under Tenda.

The valuation of 20 billion is already relatively high for a live broadcast software that has been in operation for less than a year, but from a budding perspective, this deal seems uneconomical.

Because Sprout does not lack these [-] million funds.

It only needs to be delayed for another year and a half, and when the daily activities of Pangda live broadcast are higher and the business model operation is more mature, it will be very easy to double the valuation.

For nothing, Tengda picked up a bargain.

This is also the main reason why, in the initial stage of entrepreneurship, including the initial stage of software operation such as Qingcheng Technology and Tiantian Toutiao, Zhang Shuo resolutely refused to open up financing.

Germination Group itself can act as an investor in the subsidiary, why let outside investors take advantage?

Even if it is to be released, it will wait until these projects rely on the Sprout Group to complete the blood transfusion and survive the angel round, round a and round b on their own before considering external financing.

Just like the Green Orange Group.

The valuation of the A-round financing is as high as 160 billion, which is equivalent to the conventionally exceeded C-round financing.

Panda Live could also take similar actions, but because of the particularity of the game live broadcast business, it must be supported by Tenda, so it chose to reluctantly part with it and introduce Tenda's investment in advance.

The valuation of 20 billion has already taken into account a part of the premium.

If you don’t choose to cooperate with Tengda and only rely on the games under Jade Bird Interactive Entertainment, "Tianya Mingyue Knife" is not suitable for live broadcast, let alone "PUBG Mobile" will have to wait until next year.

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