Li Haoyu knew about Clash of Clans.

The hype is just beginning.

The most awesome phase of this game is when users build up a huge network of relationships.

At its peak, Clash of Clans was not only the undisputed leader in the "strategy game" genre, but it could also rival the most popular shooting games of the time.

Back then, many college students would wait until they had collected all the resources before going to sleep. The most outrageous thing was that they would play clan wars while shopping with their girlfriends, only to be kicked away by them as a result.

But Li Haoyu's good mood didn't last long. He soon discovered that his phone was being bombarded with calls from investment firms.

No one knows who leaked their contact information, but the investment institutions pounced on them like hyenas smelling blood.

Investment firms in Shanghai are holding meetings to discuss the impact of this game on Snail Games. Although Li Haoyu's Snail Games has already issued a statement saying it will not accept any investment in the short term.

However, with Snail Games frequently releasing hit games.

More and more investment institutions are becoming interested in Snail Games. These investors are even starting to establish good relationships with Snail Games in advance through various means.

This was to ensure they could seize the opportunity immediately should Snail Games change its stance. Naturally, Li Haoyu became the person various investment institutions most wanted to contact. â™ĄðŸ’— âŧâūs𝓗ð•Ķð”ĩ.ςïžŊðĶ 🏆💎

Li Haoyu was getting increasingly annoyed.

Snail Games currently has a very strong cash flow. The company's cash reserves have reached a level that would leave traditional industries speechless.

Therefore, Li Haoyu has no intention of seeking financing at this stage.

Although Snail Games does not need financing, even if Li Haoyu faces these well-connected investment institutions, he does not need to refuse investment or fall out with these investment companies.

At first, Li Haoyu's tone was kind, but he politely declined their offers. However, the investment institutions kept calling.

Not long after, another call came in.

Li Haoyu was a little angry; he originally wanted to hang up the phone immediately.

But Li Haoyu thought the girl's voice on the other end of the phone was very pleasant.

So, on a sudden whim, he decided to give the other person a chance. The girl opposite him also knew how to seize the opportunity and quickly began her self-introduction.

"Hello Mr. Li, I am Liu Ling, an investment manager at IDG China. I would like to invite you to dinner to discuss this in person."

Hearing this, Li Haoyu couldn't help but feel smug.

It seems Snail Games has gained some fame by now, attracting even international investment firms like IDG. ðŸ‘ŒðŸ‘― ➅âūāļĢâ’―āļĒ𝓍.𝓒ㄖⓜ 🐊☞ Although the girl's voice is very nice.

But Li Haoyu still refused without hesitation.

"Thank you for your interest, but we are still in the final sprint phase of Snail Games, and we may not have this plan in the near future. You can add me on WeChat first."

Li Haoyu thought for a moment and added, "I will definitely contact you as soon as I am interested."

The girl opposite was clearly a little excited.

Because there were already rumors in the industry that Mr. Li, the CEO of Snail Games, had always maintained a very tough stance.

This time, Li Haoyu did not give a clear answer.

However, there is still room for maneuver.

Wu Ling said with obvious delight, "Okay, thank you so much, Mr. Li. I'll add you on WeChat right away, then I won't bother you any longer. You can contact me anytime you need me."

After hanging up the phone, Li Haoyu silently accepted the WeChat message.

Just as he expected, Wu Ling across from him was a cute and gentle-looking girl. His nagging hadn't been in vain after all.

Of course, this is not the only investment institution that will follow.

Besides IDG Capital, there's also Sequoia Capital and Creative Works.

At least a dozen investment companies, large and small, called, all with the same goal: to meet with Li Haoyu and discuss investment matters.

But apart from that young woman from IDG Capital.

Li Haoyu rejected everyone else.

Li Haoyu had also dealt with these investment institutions quite a bit and knew their working style.

Almost all investment institutions are only pursuing future returns and profit margins!

To give a simple example, if these investment institutions invest 100 million yuan, they will own 10% of Snail Games' equity! And as Snail Games continues to launch new games, the company's profits increase.

The company is making money! The equity is more valuable! They can dilute their investment and realize 2%! That 2% could already be worth 100 million, meaning they've recouped their initial investment!

The remaining 8% equity stake is pure profit for them. As Snail Games continues to appreciate, the value of this portion will far exceed their initial investment.

This is why so many entrepreneurs and investment institutions broke up with each other in later generations.

In reality, the relationship between the two parties is purely one of investment and being invested in, without much emotional involvement, and everything is done in accordance with the agreement.

The conflicts between entrepreneurs and investors are actually far more numerous than the outside world knows. For investment institutions, they only invest in profitable projects, not in providing loans to businesses!

Investors are willing to invest in a project because they are optimistic about its potential to generate high returns in the future. As for the company's survival, they don't really care.

All we need to do is let them hold out until they cash out and leave.

While attracting development funds, startups are also inviting trouble. Otherwise, there wouldn't be repeated instances of company founders being ousted by investors.

To put it bluntly, investors and entrepreneurs belong to two different camps.

Money is easy to get, but once they get investment from institutions, they want to get involved in the company's personnel arrangements and daily management.

They might even use deceptive performance-based agreements or clauses involving the introduction of new investors to constrain entrepreneurs and prevent them from harming their own interests.

A performance-based agreement is undoubtedly a trap.

Most entrepreneurs still find it difficult to outmaneuver investment firms.

If you're capable, you might even get investment for free. If you're not, you'll lose everything. Isn't that tempting? Do you have the guts to sign a performance-based agreement? To gamble your entire fortune?

This is a performance-based agreement.

The most famous example is the betting agreement signed between Mengniu and Morgan Stanley. Mengniu directly won against Morgan Stanley, the top financial figure on Wall Street, and earned two billion dollars.

Another example is Yang Mi, a hard-working celebrity, who also participated in a betting scheme.

At the time, the company was worth tens of millions. In three years, it achieved the profit target of 300 million, transforming itself from an employee into an entrepreneur and making itself a wealthy man.

However, these are only a very small number of lucky ones; most people are still swindled out of everything by investment institutions.

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