Chapter 305 Weixin breaks the circle, Tengda is terrified, Ahri asks for cooperation!
Zhang Shuo's agreement to open Pangda Live to Tenda is also a continuation of previous adjustments to business strategies.
In addition to opening up the financing gate for non-core businesses, it is also gradually shifting its budding core strategy from the Internet to manufacturing represented by mobile phones, semiconductors, and electric vehicles.
In Internet business, it is not advisable to invest too much operating capital.
"By the way, when discussing investment with Tengda, you have to act quickly. It is best to sign the investment contract before next week." Zhang Shuo specifically told Zhao Xiaohu.
"Does it need to be so urgent?" Zhao Xiaohu was puzzled.
"Think about it, isn't Weixin going to release a major update next week? Once Weixin is updated and threatens ICQ's status, Tenda will feel better. What if it regrets it?" Zhang Shuo reminded with a smile.
"...Is this true?"
Zhao Xiaohu agreed with his mouth, but felt very strange in his heart. He always felt that his boss was a devil.
Zhang Shuo was actually very helpless.
When he agreed to Pangda's live broadcast financing, he originally wanted to show his goodwill to Tenda and at the same time alienate the relationship between Scarlet Capital and Tenda, but he couldn't help but there was a business conflict between Meiya and Tenda.
Nothing will get better.
At most, you can only show a little kindness and don't completely tear the skin.
………
the next day.
While having dinner with Tang Yu and the others at noon, we unknowingly started talking about graduation projects.
"Ah, I'm almost going crazy. I haven't finished the first draft until now." Recently, Tang Yu almost fell into anxiety in order to prepare for his graduation thesis.
"Me too."
Murong Yan is even worse. Ever since she became an anchor, she has no intention of studying.
"Oh, you are a scumbag."
Zhang Shuo has no sympathy at all. Compared with master's and doctoral thesis, undergraduate 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 difficulty difference between the three.
Doctoral thesis - "There should be a bird in this room. You should think of a way to find where it is and develop an original tool to knock it down."
Master's thesis - "There should be a bird in the direction of my finger. Take the equipment my teacher gave you and knock it off."
Undergraduate thesis - "Look, there is 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 take classes carefully before, it is basically not difficult to pass the undergraduate graduation project, but the degree of completion will vary.
"Third brother, your back hurts when you stand and talk."
Tang Yu was very unhappy. Although she loved to play, she basically never skipped classes or failed classes. Her basic skills were still very solid. She just had a headache for her graduation project.
"I'm not talking nonsense. Look at Xiaoxi, her graduation project has been completed a long time ago."
"hehe."
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 at Binhai University.
"Not only is she a god of learning, she is also a little rich woman."
Murong Yan and the others already knew about Gu Xiaoxi's purchase of a house, and they could not suppress the envy in their eyes.
………
While Zhang Shuo was in the library, Zhao Xiaohu also moved very quickly.
He originally came from Tenda and had 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 also called two generals, Lu Jian and Feng Yu, together to discuss.
"Is this considered a sign of goodwill towards us?" Lu Jian said with a playful expression.
In the eyes of the outside world, although Qingcheng Group has had an A-round financing, on the whole, Mei Ya is still an iron rooster, and it is also very protective. It holds many projects but never raises external financing.
It's rare that this time he actually came to ask for cooperation.
"Mr. Bu Ya is not really kind. It's because the development of Panda Live has encountered a bottleneck and he urgently needs to cooperate with us. That's why Baba came to visit." Rengyu immediately saw through the intention behind Ming Ya.
"What about your opinion? Do you want to agree to cooperate with Meiya?" Er Ye asked.
"We can cooperate."
Renyu's attitude is also very clear, "No matter what little calculations Mei Ya has, being able to take the opportunity to invest in Panda Live is a win-win for us, and there is nothing to worry about."
Although I have already invested in Huya Live, from Tenda’s perspective, I naturally hope to catch them all in one go.
"That's the truth."
The second master also had extremely complicated feelings about Zhang Shuo, but no matter how complicated it was, Tengda had no reason to refuse the cooperation opportunity that came to his door.
"Investment is investment, and the support for Huya Live cannot be interrupted, or even increased. It is best for us internally to follow the example of Sprout and incubate a game live broadcast software on our own, striving to form a three-legged pattern. Sprout accounts for one of them.
If Tengda accounts for three, it will basically be invincible."
The second master is worthy of being the second master. He will never forget the mechanism of horse racing wherever he goes.
From Tenda's perspective, the biggest significance of this opportunity to invest in Pangda Live is not to promote Tenda's games, but to take the opportunity to penetrate into Germination.
"Absolutely!!"
Lu Jian and Renyu both gave a thumbs up.
………
If both parties have a consensus, the negotiation will be speedy.
After Tuesday's communication, the two sides each sent a negotiating team the next day to begin negotiations on specific investment terms.
Under Zhao Xiaohu's deliberate push, the two parties finalized the investment contract on Friday.
The overall valuation of Panda Live is 2 billion, and it has launched Series A financing. Tenda is the main investor, investing 300 million and acquiring 15% of the shares of Panda Live.
The prerequisite is that Pangda Live will obtain the live broadcast authorization for Tenda's games.
The valuation of 2 billion is already relatively high for a live broadcast software that has been online for less than a year, but from a budding perspective, this deal seems uneconomical.
Because Germination does not lack the 300 million yuan.
We only need to postpone it for another year and a half. When the daily activity of Pangda Live is higher and the business model operation becomes more mature, it will be very easy for the valuation to double.
For nothing, Tengda got a good deal.
This is also the main reason why, in the early stages of entrepreneurship, including the early stages of software operations such as Qingcheng Technology and Tiantian Toutiao, Zhang Shuo was determined not to open up financing to the outside world.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Sprout Group itself can act as an investor in its subsidiaries, so why let outside investors take advantage?
Even if it is to be liberalized, it will have to wait until these projects have completed the blood transfusion through the Germination Group and have passed the angel round, A round and B round on their own before considering external financing.
Just like the Qingcheng Group.
The valuation of Series A financing is as high as 16 billion, which is equivalent to the conventional Series C financing.
Pangda Live could have taken similar actions, but due to the particularity of the game live broadcast business, it had to get support from Tenda, so it chose to reluctantly give up and introduce Tenda's investment in advance.
The valuation of 2 billion already takes into account part of the premium.
If you don’t choose to cooperate with Tenda and only rely on the games of Jade Bird Interactive Entertainment, “Tianya Mingyue Knife” is not suitable for live broadcast, but “PlayerUnknown’s Battlegrounds” will have to wait until next year to be launched.
The daylilies will be cold by then.
Don’t forget that Panda Live also has a competitor, Huya Live.
After Tenda invested in Yaya Live in advance, it has already begun to spin off the game live broadcast business and create Huya Live, becoming the biggest competitor of Panda Live.
For more than a year, Panda’s live broadcast cannot afford to be delayed.
Because it has the initiative in negotiations, Tenda has also put forward additional requirements for the shareholding ratio of Panda Live, requiring that the shareholding ratio of Panda Live should not be less than 30%.
Otherwise, facing the super major shareholder Qinghe Technology, Tenda would have no right to speak at all.
But Panda Live doesn’t need such funds now.
As a compromise, a combination of financing and share transfer was adopted. In addition to the Series A financing, Qinghe Technology will also transfer an additional 15% of Pangda Live's shares to Tenda at a price of 350 million.
It not only meets Tenda's shareholding ratio requirements, but also allows Qinghe Technology to obtain a working capital.
Win-win!!!
………
Monday, March 12th.
Renyu, on behalf of Tengda, and Zhao Xiaohu, on behalf of Qinghe Technology, attended the signing ceremony.
The news quickly spread online.
"What happened? Tengda actually joined forces with Moya? It's really strange!"
"that's amazing."
"It's quite good. I like both Dota 2 and CF. I used to have to jump between two platforms to watch the live broadcast. Now it's better. I only need to stay on Panda Live."
"By doing this, are you sure Dota 2 and League of Legends players won't fight?"
Recently, Dota 2 players and "League of Legends" players have been competing online. Dota fans say that LOL is too low, and LOL fans say that Dota is too self-indulgent.
This needs to be broadcast live on one platform, and fans won’t be able to fight with each other even if they don’t want to.
"Wouldn't that be more fun?"
"It's very exciting. I can't hold back the urge to fight in the lane."
Generally speaking, netizens are very optimistic about Tenda's investment. From the perspective of players, of course they hope to see all kinds of game live broadcasts on one live broadcast platform.
rather than tearing each other apart.
As for the pain of tearing, netizens who watch the show probably have the best say, it’s so painful.
In addition to the happy netizens, there is also a group of people cheering, that is, the game anchors of "League of Legends" and "Cross Fire", or young people who are interested in becoming game anchors.
In the game live broadcasting track, although Panda Live started later than Huya Live, under Zhang Shuo's personal guidance, Panda Live surpassed Huya Live in terms of user experience, reward mechanism, and even anchor management.
It is also the first choice for game anchors.
Dundun Interactive Entertainment is also unambiguous about signing game anchors and spending money.
These people have been greedy for a long time, but they are suffering from the fact that Panda Live cannot broadcast "League of Legends" and "Cross Fire", so they can only sigh in despair. Now, the opportunity has finally come!
Why don't you rush in and take a shot?!
As a result, on the day the news was announced, Panda Live added more than a thousand newly registered game anchors and more than 50,000 new registered users, ushering in another wave of rapid growth.
In this move, Zhang Shuo made the right move.
In addition to the joy of netizens, who are constantly enlightened by the fact that the second round of financing has been launched after the Qingcheng Group, the venture capital circle is also very excited and looks forward to the continued opening of the sprout.
For such a big unicorn, it would be a shame for them not to take a share of the pie.
The only dissatisfaction may be Scarlet Capital.
"What kind of medicine is being sold in the sprouting gourd?" Regarding Tenda's sudden investment in Pangda Live Broadcast, Tan Chairen must be uncomfortable and confused. He always feels that there is a conspiracy in it.
It's hard to explain, but Tengda really doesn't need to look at Scarlet Capital's face, Tan Chairen can only endure it.
………
Tuesday, March 13th.
“The user reputation of Panda Live is very good.”
Seeing that with just one cooperation, Pangda Live was like opening up the two channels of Ren and Du, and once again ushered in a surge in traffic, attracting a large number of anchors and new users, Tenda was still a little unprepared.
"According to such a development trend, not to mention the live broadcast platform that we have not started to incubate internally, even the current Huya Live will be overtaken by Pangda Live."
This made Tenda feel a sense of crisis again.
"A thousand birds in the forest is not as good as a bird in the hand?"
The second master had already had a good idea before, thinking that Tengda would be the winner if he took three of them and Bu Ya took one of them.
At this moment, I feel a little bit bottomless again.
"In the final analysis, Sprout's products are better. We must learn from Sprout on this point."
Surprised, surprised, this time the second master didn't mess up.
No matter what Tengda says, it already holds 30% of the shares of Pangda Live, and also enjoys priority investment rights to ensure that the shares held will not be significantly diluted.
The more popular Pangda’s live broadcast becomes, the more Tenda will benefit.
The second game live streaming track itself is not Tenda's core business. At most, it is a derivative business of the game business and does not require controlling shares.
So the second master can still remain calm.
While the two were chatting, Lu Jian hurried in with a solemn expression.
"What happened?"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! The second master was very surprised. He had rarely seen Lu Jian so rude.
"See for yourself!"
Lu Jian took out his mobile phone and opened the Tiantian Toutiao client. The title was--
"Shocking! Weixin updated version 7.0 and actually wanted to do this!!!"
Um.
A standard shocking body, winning the UC Shock Department True Biography.
When I clicked on the news, Weixin released version 7.0. In addition to optimizing the previous version, it also launched three main functions: "Weixin Official Account", "Change" and "Game Center".
It marks that Weixin has officially moved from a social software to a platform strategy.
At the same time as Weixin was updated, Qinghe Technology also held an on-site press conference with Binhai City officials to officially announce the "Weixin Smart Life" industry-wide solution, which is specifically reflected in -
Based on the Weixin official account Weixin Payment, we help traditional industries "transplant" their original business models to the Weixin platform. The service capabilities involved include: mobile e-commerce portal, user identification, data analysis, payment settlement,
Customer relationship maintenance, after-sales service and rights protection, social promotion, etc.
This also indicates that Weixin will increase the pace of commercial opening, provide connectivity capabilities for partners, and promote the mobile Internet transformation of enterprise users' business models.
By providing partners with the ability to "connect everything", Weixin plans to create a new "smart" lifestyle, including but not limited to Weixin paying electricity bills, Weixin shopping, Weixin medical, Weixin hotels, etc., to provide medical services
, hotels, retail, department stores, catering, ticketing, express delivery, universities, e-commerce, people's livelihood and other dozens of industries provide standard solutions.
It was also announced at the press conference that Weixin will use Binhai City as a pilot project to launch "smart city" solutions.
The two parties will cooperate in depth. Binhai City will provide Weixin with access to various convenient ports such as social security, hospital registration, water, electricity and gas payment, official service appointment, traffic violation payment, etc., to accelerate electronic office work.
"this……"
After the second master read the news, his face could not help but become solemn.
Something big happened!
Tengda can be said to be the originator of social networking in China, and he is also the best at social networking. The second master has only read the news. Although he cannot get a full picture, he has already realized how wonderful Wei Xin's step has been.
I couldn’t even help but cheer in my heart!
Er Ye has been wondering before, is ICQ's mobile strategy really just a matter of simply moving a bunch of functions from the PC to the mobile terminal, and then optimizing the UI, user experience, etc., and that's it?
Is it really that simple?
Things were going so smoothly that the second master felt a little unreal, and sometimes felt uneasy, always worried that there would be some hidden dangers buried somewhere he couldn't see.
But I have always been puzzled.
You may not have thought it was a big deal before, because compared to the three purely mobile social apps, WeChat, MiLiao, and Weixin, ICQ has not shown any signs of decline or inappropriateness.
Or.
Weixin has always been sought after by people. Except for a few functions such as voice calls, video calls, and Moments, it has not shown much surprise or subversion.
They are all still circulating in social circles.
Just like the current version of ICQ, it has already implemented voice calls and video calls, and has also optimized the ICQ space to be as close as possible to the functions of Moments.
Even the red envelope function launched by Weixin at the end of last year was quickly followed by ICQ.
It doesn't seem too abrupt.
Therefore, on the whole, ICQ has never been inferior in the competition with Weixin.
Until this update from Weixin...
"Platform operation, could it be said that this is the ultimate form of mobile social networking?"
The reason why Erye lost his temper was not because Weixin was once again ahead of ICQ in terms of functional innovation. This is nothing. The relevant functions will be added in the future.
With the advantage of user scale, ICQ has always been able to catch up before.
But this time it's different.
Weixin's step forward this time is really too big. It is almost a subversive design, which directly suppresses Weixin's social attributes to a minimum and begins to pursue platform operations.
This is the most difficult thing to imitate about ICQ.
Why?
Because after more than ten years of development, the functions of ICQ itself have become very bloated and the interface is complex enough. Mobile ICQ has also deliberately deleted some functions.
The amount of deletion that can be made is very limited.
Because behind every function of ICQ is connected to one or more businesses of Tenda, it is related to the survival of one or several departments, which can be said to affect the whole body.
Where is it so easy to delete?
This is what it means to turn a ship around in a big disaster.
Compared with ICQ, which has "rigid interests", it is better to start from scratch and draw again on a piece of white paper. This was also the underlying logic of Tenda's original development of Wechat.
It's a pity that WeChat was born a few months later and was beaten to the ground by the monster-like Wei Xin.
Today, WeChat has completely turned to socializing with strangers. It is no longer possible to turn around, learn from Weixin, create public accounts, and engage in platform operations.
Because the main premise of platform operation is to socialize with acquaintances.
Wechat has been “obsolete”.
Neither ICQ nor WeChat can learn from Weixin's new features, which is why Er Ye lost his temper.
The trick can no longer be used!
"Boss, what should we do now?" Lu Jian was also panicked.
Don't blame him for panic.
If the game business is Tenda’s main profit point, then social networking is the lifeblood of Tenda and the foundation of Tenda’s building. Once the foundation is unstable, the earth will shake.
"Don't panic."
The second master can still remain calm, but what he fears most now is that he will get into trouble.
"First, let the two development teams of ICQ and Wechat write a detailed product analysis report for the new version update of Weixin. After the report comes out, we will hold a meeting to discuss specific countermeasures."
"good!"
Lu Jian and Renyu looked at each other, and both saw the uneasiness in their eyes.
………
The emergence of Weixin version 7.0 shocked not only the Tengda family, but also the entire industry, such as Ali.
"Zhang Shuo, this kid, managed to hold back a big move not long ago. He is really a genius." This time, even the uncle was full of praise for Zhang Shuo and was in a very happy mood.
The logic is also very simple——
The more popular Weixin is, the greater the threat to Tengda, and the happier he is.
"What I'm more worried about is that Qingcheng Group, guarding a super-traffic entrance like Weixin, is already in an invincible position in the future local life service track." Ren Xiaoyao is more pragmatic.
even though.
Shortly after the merger with Mituuan, in order to dispel the doubts of the three giants, Qingcheng Group issued a public statement stating that the business strategy of Qingcheng Xiaozhu remained unchanged and that it would not participate in the subsidy war.
It can be regarded as a reassurance for the Big Three.
But this time, that time.
Zhao Xiaohu made it very clear at the press conference that Weixin will be a connector in the future. To put it bluntly, it is a traffic entrance, serving various business types that require traffic such as games, takeaways, and e-commerce.
Isn’t Qingcheng Group a first-come-first-served option?
"There is actually no point in worrying about Qingcheng Group. What I am more concerned about is whether Ahri can develop in-depth cooperation with Sprout and allow Mobao to obtain a first-level traffic entrance in Weixin?"
The layout of the uncle is obviously larger.
Compared with local life services whose prospects are still unclear, e-commerce is Ali’s foundation.
If Weixin's Dongfeng can be used to help Mobao accelerate its mobile transformation, the direct or indirect benefits it will bring to Ahri will definitely be in the hundreds of billions.
What about local life services?
"Also, if Suiya does not cooperate with us and instead chooses to support other e-commerce companies, such as Jingdong, what kind of pattern will there be in the future?" The uncle said to himself.
"this……"
Ren Xiaoyao was so shocked that he broke into a cold sweat.
Only then did he realize that Weixin's break from the circle may not only affect Tenda family, but also vaguely reshape the traffic pattern of the mobile Internet.
This is very scary!!!
"We need to get in touch with Germination as soon as possible."
This was Ren Xiaoyao's subconscious thought, "How about I go to Binhai City myself?"
"I have to go." The uncle obviously took this matter very seriously. "We have to get enough chips in advance before Mei Ya and Jing Dong get hooked up to make sure nothing goes wrong."
"What chips are you talking about?"
Ren Xiaoyao was worried again. How big a bargaining chip was this?
"Let's see what conditions Mei Ya proposes first." The uncle was also a little stuck.
In fact, the cooperation bargaining chips that Ahli can offer are not many. It is impossible to give Ahri shares. The uncle himself does not have much. After calculation and calculation, it seems that the only thing left is cash.
But how much cash can be withdrawn?
Based on Ahri’s liquidity, tens of billions would be a huge amount.
No more.
The question is, can we win a first-level entrance to Weixin with only 10 billion?
It's hard!
After Weixin is established, the value of the first-level entrance lies not only in the traffic itself, but also in its strong exclusivity. For the same e-commerce company, there is a big difference between who gets it and who doesn't.
You can definitely choose one of the two options.
This is also the fundamental reason why Tenda of the original time and space is able to operate with ease in the Internet industry, and a group of Tenda-related Internet companies have gathered around it, forming the Tenda world.