Chapter 171 High-end gameplay

At the end of March, when the ep9 London press conference was held.

Because a certain fish anchor conducted a live broadcast of making a baby, the related video went viral on the Internet and attracted the attention of the "Anti-Pornography and Anti-Illegal Publications" office.

The sudden Internet cleaning campaign instantly swept across the entire Internet, investigating and shutting down more than 2500 illegal and irregular websites.

Douyu has received special attention, and the heads of several other leading live streaming platforms have also been summoned by relevant departments.

"My beloved brother Liang, help me~~"

That afternoon, Wang Xiaocong hurried to the company to seek financial assistance from Lu Liang.

He has always been a lavish spender, including his business. Of the $3000 million raised in financing, only a little is left.

We had originally planned to start our Series B financing in May, but the sudden Internet Clean-up Campaign disrupted our entire plan.

The country has cracked down hard, and the top three online video platforms alone have been ordered to close more than 3500 live broadcast rooms.

Venture capitalists have also lowered their expectations for the live streaming industry. Panda Entertainment, which was originally valued at $4 million, was directly halved to $2.5 million.

Under the current circumstances, it is estimated that the B round of financing plan tentatively scheduled for mid-May will have to be cancelled as funds are extremely tight.

Lu Liang replied indifferently, "Tianxing Phase I has passed the closed period, and you can apply for redemption now."

Xiao Wang still has eight shares, each worth 200 million US dollars, and he can easily cash out million US dollars.

Xiao Wang's face darkened, he licked his face and smiled: "How about you lend me some more money to make ends meet?"

"Sure." Lu Liang smiled. Xiao Wang was delighted, but before he could be happy, Lu Liang said, "I can lend you 1 billion, but I can't lend you pandas."

He had seen that the Internet Cleansing Movement had swept across the Internet, and that various institutions had lowered their valuations by 40-60%.

No matter how optimistic he is about the live streaming industry, he still has to consider the market situation, not to mention that he is not optimistic about Xiao Wang's entrepreneurship.

Xiao Wang is a typical example of a person who doesn't know how expensive food and fuel are. As soon as he has a little money, he wants to get involved in everything.

Although it is indeed doing well, the ability to resist unknown risks is almost zero, like now.

Wang Xiaocong smacked his lips and sighed, "Then I'd better think of a solution myself."

Businesses are businesses, individuals are individuals, and he has already taken on a $3000 million bet because of pandas.

If you put money into it, you have a problem with your brain.

Lu Liang suddenly said, "How about I show you a way forward?"

Xiao Wang was stunned. Although he guessed what Lu Liang was going to say, if it were before, he would definitely refuse without thinking.

But now, he hesitated: "Listen."

“Find a suitable opportunity to cash out.”

"Let's talk about it then."

"Walk slowly."

Lu Liang laughed. He found that Xiao Wang's attitude had changed.

Some people will not turn back until they hit the wall, and they will break through it when they encounter it. Xiao Wang belongs to the first half of this sentence.

Since returning to China, he had been going smoothly until he encountered his first difficulty: the Internet Cleansing Operation, which directly disrupted all his original plans and made him want to quit.

To put it simply, the Dao heart is broken.

"Since my dad is so rich, why not just be a super rich second generation and be content? Isn't that great?"

Lu Liang couldn't understand it. Countless cases have proved that it is a rare case that a student surpasses his teacher. What is common is that the student wants to surpass his teacher, but ends up letting his teacher down.

"Tik Tok seems to have suffered a heavy loss as well." Lu Liang suddenly felt that ByteDance seemed to have a destiny.

Xigua Video will be launched tomorrow, so cleaning up the Internet at this time will help it clear away obstacles.

Because the Internet cleaning campaign is not only aimed at the live streaming industry, all entertainment and social networking platforms on the entire Internet are required to conduct self-inspections or be summoned for talks.

Douyu is given special attention in the live streaming field, and Kuaishou is given special attention in the short video field, especially Kuaishou, which is also involved in cracking down on crime.

Without knowing it, Lu Liang's image in Yang Zhenyuan's mind became even more prestigious.

TikTok was just warned not to cross the line in the future. It has long given up on current affairs and social hot spots, otherwise it would also be hit hard.

That night, Lu Liang received a giant package. Half an hour ago, NIO EP9 held a new car launch conference in London, and was nicknamed "McCayve".

The remaining five supercars, which should be considered out-of-print, were also delivered to the downstairs of each founding investor’s company.

The car has a blue body and falcon-wing doors. Judging from its appearance alone, it is indeed three points more handsome than the Pagani Zonda.

Lu Liang had no intention of opening it. He just took a photo and uploaded it to Weibo and Twitter, then threw it in the parking lot to collect dust.

After all, it didn’t even do anti-collision testing, and Li Bing also said in the group that he didn’t recommend them to drive it, he just wanted to keep it as a souvenir.

It's not like Lu Liang wanted to die, so why would he seek death?

As soon as the launch conference of NIO EP9 in London ended, the company's market valuation soared 20 times, reaching US$20 billion in an instant.

Lu Liang also gradually understood that this way of playing is far more high-end and has greater returns than simple financing development.

Saying that NIO has a valuation of US$20 billion is not because it really has a valuation of US$20 billion, but because they want it to have a valuation of US$20 billion.

Because the institutions that raised the valuation are Sequoia, Penguin, Tokyo and Hillhouse, all of which are founding investors of NIO.

Only if they invest money, other institutions and investors in the market will believe that NIO has this valuation.

What they should do as founding investors is to keep hyping and investing money until the market recognizes it.

Until NIO’s valuation is recognized by the market and even goes public, it will become its real market value.

Lu Liang holds a 10% stake in NIO, and will raise $ million in the next round of financing if no outsiders follow suit.

These venture capital institutions need to raise $200 million based on their shareholdings to confirm NIO's valuation.

Until NIO is recognized by the market,
They can then retire and wait for the listing.

Not only NIO is doing this, but Ideal is also doing this, and maybe even Xiaopeng, which is far away in Guangzhou, is doing this.

It’s just that some people on Ideal’s side couldn’t afford to play and wanted to quit midway, so Li Xiang found Lu Liang to take over.

In the next round of financing, Lu Liang will participate and only need to pay 1% of the funds to get 10% of the equity.

Because those who can't afford to play need to pay a price, this mode of play does not allow you to come and go as you please.

Unless the market recognizes it and someone takes over, if you give up on following up the funds midway, you will lose all your money.

The next day, on the 1st, Xigua Video went online as scheduled.

ByteDance's Neihan Duanzi, Toutiao and Feishu have all been pushing for Xigua Video's 1 billion yuan funding support plan.

The amount of funds invested is a hundred times that of Douyin. After only half an hour of going online, the number of registered users exceeded 100,000.

By noon, the number of registrations had exceeded one million, and the platform was filled with various types of short and medium-length videos.

Lu Liang also used the company's mobile phone to contribute a registered user and browse the borderline content that he liked to watch most.

"The net of all evil."

Lu Liang sighed. Ever since the internet cleaning, young ladies have been dressing more conservatively, and the revealing looks they wore before are no longer seen.

Now when she bends down she has to cover her chest to avoid exposing herself. If it were before, she would have wanted to take it out and show it to the audience.

Ten minutes later, Lu Liang also experienced the horror of the byte algorithm and propulsion system.

He just clicked a few likes.

Stay a little longer.

I kept pushing bloggers of the same type to him.

It makes people want to keep watching.

He also realized how big the gap is between Douyin and Xigua.

Because Yang Zhenyuan said that it takes at least two hours of simulation algorithm to cultivate a user's viewing habits, but Xigua only needs ten minutes.

"The gap is at least 12 times."

Lu Liang was amazed and called it so horrible that he had already issued a critical illness notice to Douyin.

His only hope now is that TikTok can last longer so that he can sell it at a good price.

(End of this chapter)

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