The last company in Pearl Bank is Fuxing Investment.
Tiger Shark CEO Cheng Jiekun has read the information about Fuxing and knows that this company has not been established for long and is not large in scale, but it is generous and very efficient. I heard that there are several investments that can be negotiated in the morning and the money will arrive at noon.
Already.
I just don’t know how it tastes.
Alas~!
If he really wanted to be as black as he was, he would have no choice but to compromise and become the goose's loyal licker.
"Mr. Jiang, Mr. Cheng and Mr. Yu from Tiger Shark Live have arrived in the conference room."
I looked at the time, it was three fifty, quite on time.
"How many of them are Mr. Lu?"
"Everyone is already in the conference room."
Wang Lidong closed his futures account and entered the conference room with his teacup and secretary.
Tiger Shark CEO Cheng Jiekun saw Wang Lidong and knew that this was the big boss of Fuxing. He stood up quickly and stretched out his hands.
"Mr. Jiang, hello."
When Wang Lidong walked in, he took a look at Husha's team. Most of them were young people in their twenties and thirties, very energetic, and their leader, CEO Cheng Jiekun, was only in his early thirties.
Wang Lidong smiled and stretched out his hand to shake hands.
"Hello, Mr. Cheng, I didn't expect you to be so young. You really are a hero from a young age."
"Mr. Jiang Tiai, let me introduce to you. This is Yu Santai, the founder and CFO of our company."
Next, Wang Lidong shook hands with Husha’s team one by one.
After both parties sat down and exchanged a few polite words, they got down to business.
"...On January 1, 2014, Tiger Shark was in Electronic Valley...
As of August 2016, the number of registered users of Husha has reached 68.23 million. The average total monthly active users have increased from 16.89 million in 2015 to 59.83 million. The number of daily active users is 8.96 million. It has occupied 50% of the market share in the field of live broadcasting.
.
In the second quarter of 2016, Hushak’s active users spent a total of more than 800 million hours and posted more than 900 million comments on the platform...
As of August this year, Hushak has an average of 22,000 live broadcasts every day, and the daily gifts given by viewers are worth about 4 million. On average, each anchor...
In terms of revenue: Tiger Shark’s net revenue in 2015 and the first eight months of 2016 was 106 million yuan and 356 million yuan respectively.
Income is divided into two parts: live broadcast income and...
...
This round of C financing will be mainly used to build Hushak’s content ecosystem and expand e-sports partners to further enhance...explore the connection between pan-entertainment and e-sports...expand unlimited scene possibilities through "live broadcast".
..”
These people who can raise rounds B and C are really good at talking. After talking for almost half an hour, they were still talking non-stop, but in summary, they all mean the same thing.
Tiger Shark has a great prospect. If you don't invest, you will lose. If you invest, just wait and count the money.
The current live broadcast platform, Hushak, is temporarily ranked first in the industry. The second is Xiongya, and there are several other companies vying for the third position, such as Ten Rooms, Principal's Bamboo, etc.
But the advantages are not obvious, and the distance between it and the following companies is not that far.
Wang Lidong glanced at Lu Meng, the director of his company's investment department. His last job was as an investment manager at ibg Technology Venture Capital Fund.
He is considered the leader of a small team.
His personal ability is not bad, but he is not top-notch. Wang Lidong asked him to be the director because of his character and practical style.
He has artificial intelligence glutinous rice balls and an understanding of trends. What he wants is someone who can work honestly.
Lu Meng received the boss's signal, and after Jackie Chan finished speaking, he asked:
"Mr. Cheng, what is your company's net profit in the second quarter of 2016? What are the operating expenses in the first eight months of this year? Your Tiger Shark's revenue is particularly dependent on the head..."
"In the first two quarters of 2016, Tiger Shark's gross profit was -198 million yuan, of which operating..."
After careful calculation, we are currently losing 100 million per quarter, and according to trends, the amount of losses will be even greater in the future.
"Mr. Cheng, your broadband bill is over 70 million per month?"
Tiger Shark CEO Cheng Jiekun pulled out a form and explained:
"With a peak of 1 million people online, the bandwidth is 1.5t (1t=1024g). The current lowest market price of 1.5t is about 30 million per month, and on weekends, Tiger Shark has an average of more than 6 million people online..."
Wang Lidong thought to himself: These live broadcast platforms have been working hard for a long time, but the most profitable ones are indeed the broadband companies.
It just so happens that he is very low-key.
Monopoly is so delicious.
If this fee can be reduced by half, and if the report data shown to him is accurate, Tiger Shark will be able to make a profit immediately.
He thought about the technical aspects and felt that the problem was not big. He just wanted to develop real-time data compression software. He was quite familiar with several major compression tools on the market. The best compression rates were about 70 to 80%, such as bzip.
Achieve a compression rate of 74%.
He wrote this down.
"When will your tiger sharks be able to broadcast live on mobile phones? Last year, the number of smartphone users in Sihai Kingdom exceeded 600 million, and 4G signals were fully covered.
Also, I haven’t seen your launch plan. Your biggest competitor, Xiongya, has a launch plan.”
Tiger Shark CEO Cheng Jiekun is also very concerned about mobile live broadcasting. The company has no technical problems and is currently conducting final tests.
But when he heard the news about Xiong Ya, he was shocked at first, but then he smiled and felt that Wang Lidong was deceiving him.
"Mr. Jiang, regarding mobile live broadcasting, I can tell you that it won't be long before you can see our anchors live broadcasting outdoors with their mobile phones.
There is also the matter of Xiongya’s financing, they just passed the A round this year.”
Wang Lidong sneered:
"There is no inevitable correlation between listing and several rounds of financing. There are also many companies that have gone public after angel rounds. There is a big boss in Xiongya. Do you think it will be as short of money as you are?
Mr. Cheng, there is a common problem all over the world, that is, we only remember first and second..."
The more I listened, the more frightened I became. After all, what Wang Lidong said was reasonable and well-founded.
Cheng Jiekun is determined to win the title of the first listed live broadcast company, which is related to the future destiny of the company and his worth.
"Mr. Jiang, can you tell me more about the relevant news?"
Wang Lidong picked up the tea cup and took two sips slowly. The words he just reminded are worth a thousand pieces of gold. Now this guy wants to eat for free, what good things are he thinking of?
He is not a shareholder of Tiger Shark. Even if he becomes a shareholder, he will never say another word about this without benefit.
After Tiger Shark CEO Cheng Jiekun discovered Wang Lidong's response, he knew he couldn't get freebies.
He glanced at his partner, CFO Yu Santai.
At this time, he felt a little regretful. He should have brought the two famous female anchors who came with them this time.
Although the methods are somewhat unsightly, they are effective.
A young girl is the most lethal to an old man like Wang Lidong, but unfortunately she feels that doing so is too low.
Checking the time, it was almost time to get off work. Wang Lidong knew that no employee liked to work overtime. Of course, if the overtime pay was enough, then there would definitely be no problem.
Not wanting to delay it any longer, Wang Lidong said:
"I like to be straightforward and don't like to be muddled. Mr. Cheng has given a very comprehensive introduction to your company. Tell me about your company's current valuation. How much money do you want to raise and how many shares can you offer?"