Reborn Cultural Empire

As for Yangyi Culture, in fact, before Ma Huajiu jehued with the other party... To be precise, before the other party took the initiative to jehu him, he hadn't even heard of it, but later it was only because the other party had taken the initiative to come up with a Such a large investment made him curious about this enterprise, and even the people who created this enterprise, and he should pay attention to it.But even so, he didn't get much information, or there was only a little bit of information about Yangyi Culture itself.

In fact, it is only a few months including the preparatory period before the establishment, and even the two founders are only a temporary startup to a certain extent. How much information is there for others to investigate?So, it's not that Ma got too little useful information, but that the situation of Yangyi Culture itself is very simple, and they don't need to deliberately investigate.

As far as the two penguin empire shapers have learned, Yangyi Culture is just a new company in the cultural industry. It may be very special, and the limelight is relatively strong in a certain field. Tencent’s Tencent has nothing to do with it, because the two have nothing to do with each other. If Internet instant messaging is also related to the cultural field, then maybe only lunatics or fools believe this statement, at least Ma Huaquan will not believe it .After conducting some detailed investigations in this era, the two learned that the current business of Yangyi Culture has covered many aspects such as book publishing, animation industry, tourism and catering, online reading, etc. If the above-mentioned things are viewed vertically, they are indeed within the scope of traditional Chinese culture, but instant messaging.In any case, one of them cannot be involved.

However, the business of Yangyi Culture is not a big secret. When I finally learned that there is a large business department of Yangyi Network under Yangyi Culture.Moreover, after the Yangyi Network obtained the information that Yang Yi valued most, Ma Huachuan and Zhang Zhidong felt a little clear at the same time.Especially the latter.I couldn't help subconsciously expressing some worries and worries: "Old Ma, you said that this Yangyi Culture is willing to make such a large investment in us, and its own blood transfusion ability is extremely limited, and in the first round of investment, it deliberately It is stated in the contract that we cannot accept any capital injection other than Yangyi Culture, do you think this is a conspiracy by them?"

"Conspiracy, what conspiracy?" Although they started a business together.And they can be called like-minded friends, but the two people are actually very different in terms of specific affairs. There are even special Internet media in later generations who have conducted a detailed analysis of the two. Maybe those reports are not The direct interviews with the two of them sounded like family talk, but after this report came out, a large number of people who read the content expressed more or less agreement with Zhang Zhidong's In terms of specific business, he may be more familiar with Chengdu than Ma Huaquan.But as far as the real helm of the Penguin Empire is concerned, there is only the latter, and it can only be the latter. [

So even though it is the same thing, two people's views on this matter.Often come to different or even diametrically opposite views.

Just like this time, after hearing the worries of his old partner, Ma Huachuan asked with a smile: "Why is it a conspiracy? You think Yangyi Culture's investment is actually malicious. What they really want to do The thing is to annex our Tencent company or something?"

"There is that kind of capital in this world. Is it really good intentions, and is it really loved by those entrepreneurs? No one can do this. Even if it is known as the most humane soft voice in the industry, it may not be What a good man. The father of Internet investment is because of the edification of oriental culture, so he pays more attention to the methods and methods of doing things, so he gives such an impression to the outside world. But in fact, if the party that accepts the investment cannot bring them enough benefits Or if you don't accept their control, the consequences will definitely be completely different." Zhang Zhidong nodded, obviously not having any good impressions of those investment capital: "Even if you are an old horse, don't you have such a view? Before accepting investment, you may I have no choice but to pretend, but you don't mean to be disgusted with that kind of vampire?"

"Why do you say that, I feel that I have the illusion of a villain who picks up the bowl to eat and puts down the chopsticks to scold his mother?" Ma Huaquan laughed at himself twice, and then said cautiously: "But Contrary to what you think about Yangyi Culture, I think they made such a big bet because they are optimistic about us, and they don’t have any ambition to break through our bottom line.”

"How to say?" Zhang Zhidong has always been quite convinced of his old friend's views on the general trend of the industry.

"If there is really an ulterior purpose, then why should they invest in us, as long as they make a price and buy the things we are messing with now, will everything be resolved soon? According to what we have learned before, their only Although the business is still focused on the traditional cultural industry, the large business department of Yangyi Network is the department that the small shareholder is most optimistic about, and it has also proved his optimism with practical actions, and the research and development is in the current Internet field. In it, it is relatively advanced search engine service, with such human resources, do you think they will be stumped by a small instant messaging software? It is enough to develop a project that satisfies the most basic communication The software they need, and if they continue to invest around 200 to 800 million, they will be able to make their communication software gain a firm foothold in the market and surpass us.”

At this point, Ma Huachuan paused for a moment, and then added: "I mean surpassing Tencent, which has not received capital injection."

"So for such a company that looks like a small ant yyng insignificant compared to other limelights, but is huge compared to the previous Tencent, do you need to calculate us?"

"But what about PCCW? They are even companies in the telecommunications field, and they have some venture capital properties. Aren't they also interested in our software?" Zhang Zhidong was a little puzzled.It's not that he is unconvinced and wants to raise an argument. During these years of cooperation, the two of them have gotten to know each other very well.Therefore, on such a major matter related to the future of the company, it is impossible for any of them to act on the basis of loyalty.Zhang Zhidong asked now.It's really just because you don't understand it.

"It's not that you haven't heard about it, PCCW. They originally planned to give up on us, but because the first investment price of 80 US dollars was too high, they only planned to take out 50 US dollars. If it weren't for Yangyi Culture to intervene On the one hand, they might have put forward the latter offer? Of course, if Yangyi Culture hadn’t intervened, perhaps I had already agreed to an investment offer of 50 US dollars. I can’t tell clearly about these, but I can only say that fate is unpredictable. " Ma Huachuan sighed with emotion: "So from the beginning, the attitudes of the two towards us are not yyng towards this investment."

Hearing this, Zhang Zhidong also came back with some taste, and added: "You mean, PCCW is just yyng with many investors and is optimistic about us, but it's not the kind of determination to buy and leave, so just take out a few It’s better not to feel bad even if you win the bet. And Yangyi Culture is not a professional venture capital institution, but they directly approached us with great sincerity, because they are sincerely optimistic about us?”

"That's what it means. Otherwise, why would they squeeze out such a sum of more than 500 million yuan when they don't accept any venture capital injection and their current revenue and expenditure can only maintain the most basic micro-profit status. For them Especially that Yangyi Network can support more than two months of funds to invest in us?" Ma Huachuan frowned slightly and smiled: "Look, this is not very optimistic about what we are ? And at the same time they didn't ask for any acquisitions. Not even a shred of similar ideas, isn't it a good investor?"

"This. I can't tell you what you mean. It seems that what they are looking for is you, not our Tencent or the instant messaging software yyng." Zhang Zhidong couldn't help laughing twice, looking at Ma There are two meanings of ridicule in Huaquan's eyes.

"Your statement is a bit interesting, and I also think that it is basically the case. But there is one point, I want to correct the following that the other party is looking at the two of us, not any of us." Ma Hua Yan just laughed, and then couldn't help frowning even tighter: "Of course, this kind of investor is good or bad for us. They appreciate and are optimistic about us. This situation is considered to be good for you and me. It’s a good situation, but the problem is that the other party is not a professional investment institution, and if we need a second round of financing in the future and they can’t come up with the money, it will be a troublesome problem.”

"It's not that it's not specified in the contract. If we can't raise enough funds when we need it, then the clause that does not allow third parties to enter can be changed as appropriate." Zhang Zhidong was a little puzzled, looking at his partner's hope He explained.

"It is true that changes are allowed, but this is the problem. At that time, I also saw that they were willing to let go of this clause, so when they were happy, they forgot to specify the exact conditions, such as what is considered necessary, and discretionary changes are not allowed. There is a lot of room for manipulation in what to change, but it is only one that can be changed, and when I see it, some disputes will inevitably arise."

"Forget it, why do you think so much? There must be a way for the car to reach the mountain. For those investors who don't need us to worry about the second round of financing, we have to worry about the other party's easy financing and further dilution. The shares of the two of us in the company have affected the decision-making power of the company."

Zhang Zhidong patted the other party on the shoulder. Faced with this situation, his decision-making was far inferior to that of Ma Huaquan, so he could only try his best to reassure himself and his partner: "There is nothing perfect in this world. ? You can only choose a path that seems relatively unacceptable."

"That's true. After all, it's just a hassle. It takes enough time to make a decision and it can always be resolved. If you really want to meet that kind of investor who eats people and doesn't spit out their bones, it will be a headache." Speaking of this, Ma Huaqian himself figured it out, after all, he is not one of the three giants who will dominate the Internet field in later generations, and can even be accepted by the top of the country, but just an entrepreneur who has made some achievements, with different status and levels. , determines different visions and needs. (To be continued...)[