"Don't pay attention to the company that does stand-alone games. Our platform is dedicated to live streaming games."
"At most, the games they make are more niche, but the user groups are roughly the same. If you can poach people, then poach them. If you can't, then we can train them ourselves."
"As for other platforms, you can contact them."
"We only need to acquire one company in each category. For example, for sleep aid platforms, we will acquire the one with the lowest price."
“Once we acquire one, we won’t need the other.”
Three years ago, Totoro was still a small platform that was hungry and in urgent need of capital investment.
Now, in the blink of an eye, Totoro himself has become half of the capital party.
At the same time, Jiang Hao directly took over Tencent Group's approach and used it.
The businesses that are lacking or have not been developed can be purchased at this point in time.
As long as they buy a part of it, the other company will be immediately crushed by the user base of their platform.
Although these businesses do not have much traffic, they may not necessarily generate much commercial value.
But for Totoro Live, a platform that is about to go public, the richness of its business is also very important.
As the leader in the market, they have to have certain businesses on the market, whether they are face-saving projects or not.
“What are the valuations of most of these companies?”
“Not high! They are all angel and A round companies.”
Zhan Liang attached great importance to the work assigned by Jiang Hao, and had already collected a lot of information.
"The company with the lowest valuation for sleep aid is only worth 1200 million."
“The rest are generally below 3000 million, and their valuations are not worth counting anyway.”
"These platforms themselves are also in financial trouble and are having a hard time."
"But Mr. Jiang, if the acquisition really comes up, I estimate that the acquisition price will not be too low. Many of their platforms and the investors behind them are waiting for us to acquire them."
"I understand the situation. You can try to contact them first."
Jiang Hao looked at Hu Sen as he spoke.
"Brother Hu, please help check this matter when the time comes. I will be involved in the first acquisition."
"After that, you can make the decision to acquire the remaining companies if the price is right."
"Lawyer Dong, please follow up on this matter and try to make the merger and acquisition as perfect as possible to avoid any problems later."
"Old Chen, don't let us down on the technical side either. After the acquisition, the core user data on their platform must be directly compatible with our platform."
Jiang Hao arranged the specific tasks for everyone.
The main thing is how to smoothly and smoothly transfer the resources of some platforms to one's own platform after acquiring them.
This is another major event before the listing, in addition to hosting the League of Legends finals.
The meeting lasted about an hour, and then Lu Weiming called and said that we had almost finished discussing the matter, so we ended the meeting.
"Hey, Brother Lu."
"I was just in a meeting. What's going on?"
Jiang Hao hurriedly walked out of the small conference room and came to the floor-to-ceiling window outside, then he answered the phone.
"How about we talk about it later? Go to the meeting first."
"No, it's just over, go ahead."
Judging from Brother Lu's voice and attitude, it seems that this matter is not urgent and should not be considered a big deal.
Otherwise, given his personality, he would have come here directly a long time ago, and the possibility of a face-to-face talk would have been greater.
"Have you heard about Professor Zheng's incident?"
"Huh? What's the matter?"
When Jiang Hao heard that it was Professor Zheng, he instantly became alert.
I suddenly met him for coffee last week, but we didn't talk about anything specific.
Is there suddenly new news now?
"You haven't heard yet?"
"He withdrew from Yifan Investment."
"boom--"
Jiang Hao felt a moment of trance in his mind.
Recalling the night when Professor Zheng asked him about the domestic financial market, suddenly some of his actions that night made sense.
However, he had no idea what the situation was, so he continued to ask.
"Retired? What do you mean? Explain it more clearly."
"He withdrew from Yifan Investment. It seems that he had a big disagreement with several partners of Yifan Investment."
"I don't know the details. I thought you were more familiar with Professor Zheng and knew more."
Lu Weiming met Professor Zheng through him.
Or it could be said that it was through the financing of Totoro Live. After all, it was the angel investor and A round of funding for Totoro, and I only gradually became familiar with it later.
The person who first got in touch with Professor Zheng was Jiang Hao.
"I'll go ask now. I don't know the details."
After hanging up the phone with Lu Weiming, Jiang Hao directly called Professor Zheng.
I was full of doubts. After all, Yifan Investment was quite famous in the province and was also the A-round financing party for Totoro Technology.
If Professor Zheng retires, it will be troublesome if someone he doesn't like comes to take over.
"Hello, Mr. Xiao Jiang?"
"Haha! I knew you would call."
As soon as I picked up the phone, I could hear Professor Zheng's laughter from the other end.
Compared to the night when they chatted in the coffee shop, Professor Zheng made him feel particularly relaxed today.
"Professor Zheng, I heard from Brother Lu that you retired from Yifan? What's going on?"
"It's just a common disagreement between partners! It's no big deal."
After briefly mentioning it, Professor Zheng paused and then gave him a detailed introduction.
"The stock market is going up now!"
"Plus, they got some news from somewhere that the central bank was preparing to cut interest rates across the board."
"It is predicted that a big bull market will come, and everyone is ready to get in."
You know what, this is really reliable.
In his previous life, Jiang Hao himself faced a big drop in 15.
At that time, everyone was indeed cheering for the bull market, and the current time point is exactly the early stage of the bull market.
If he remembers correctly, the market will continue to run until the first half of next year.
However, Jiang Hao had no idea which stock had risen the most and which sector had made the most money.
The actual income in this bull market, based on his own expected operations and without leverage, he would not make much money.
He still has to worry about when to run away, which is far less reassuring than for him to make some investments on his own or to focus on running the few investment companies he has on hand.
But as a financial company, this is indeed an opportunity.
At least for a company like Professor Zheng that engages in private equity, this is a rare and great opportunity.
"Professor Zheng, I think this is normal, right? If there is an expectation, there is no problem in investing in it, right?"
"no the same!"
“When Yifan was founded, I talked to several investors and decided to only earn the most secure portion.”
"It's just the commission money from raising funds. At most, if you earn more, you can get more bonuses."
This is what they talked about that night, Professor Zheng talked about the work he did.
Although it is the most aggressive financial company, it does earn the most stable returns.
"Now my partners are ready to throw all the company's funds, including all their assets, into it, and also use leverage."
"For this kind of thing, if you win the bet, it's fine. If you fail, you will lose everything."
"And it also goes against my original intention of starting Yifan with them."
"After this one time, even if they make money, it won't last long. They will definitely continue to do it themselves in the future."
“So I talked it out with them and quit completely!”
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