The time came to the end of September before we knew it.
The National Day Golden Week will soon be ushered in.
This morning, Xiaoxiang Interactive Entertainment Game Company, a subsidiary of Renren.com, opened the official account of Renren.com.
Xiaoxiang Interactive Entertainment released its first news.
Title: Multiplayer online game: Kart Racing is about to start closed beta testing.
It was followed by a short video showing previously undisclosed details and gameplay.
Such as interesting cartoon characters, racing drift techniques, competition mode and many other features.
At the same time, open the forwarding and follow the lottery.
One lucky fan will be drawn every day to receive 1,000 yuan in cash for ten consecutive days!
Under Fan Pingchuan's control, this post was directly pushed to the top of the hot search list.
The charm of the game and the excitement of the lottery.
The official account of Xiaoxiang Interactive Entertainment went from zero to 100,000 fans in just one hour.
In the office of Haifeng Building, Lu Yang watched the number of followers of the background account continue to rise.
He is sure that Kart Racing will completely detonate the online game market.
At that time, Kart racing was very popular in Internet cafes. Even the event was held several times. Many people in Internet cafes in various cities were learning operating skills such as drifting and spraying.
At present, this game has started the first round of testing within the company, and the test players are all employees of Renren.
Fan Pingchuan is responsible for collecting bugs encountered in the game.
Soon, Chen Wei knocked on the door and came in.
She handed Lu Yang a copy of competitive information data obtained from a consulting company.
The information included was data that Lu Yang spent a lot of money to obtain.
There is user data from news portals such as Sina, Sohu, and NetEase.
They were originally the Three Musketeers, but who knew that Renren, a dark horse, would jump in at the beginning of this year, and there was a vague trend of becoming a fourth giant.
Industry rumors say that by the end of next year, Renren will surpass the other three website giants in terms of user base.
This is mainly due to the rapid addition of users to Renren and its high user stickiness.
None of them expected that it would take Lu Yang a year to attract so many entertainment stars to the Renren platform, and even sign a long-term exclusive cooperation structure.
This has led to other portals wanting to poach entertainment stars to pay expensive liquidated damages.
In the hands of Lu Yang, Renren seemed to have become Weibo.
Celebrities rely on Renren to establish their own personalities and get closer to their fans.
Fans rely on Renren to follow their favorite celebrities and promote their new works and songs.
This is a win-win deal.
Chen Wei knew that Renren had already started making profits, but the company still didn't have much cash flow on its books.
Because Lu Yang invested more profits and expanded crazily.
Chen Wei said: "Sister Liu from Silver Fir Capital called me today."
Lu Yang: "What did you say?"
Chen Wei: "She wanted me to ask you if you have any intention to start a second round of financing?"
Lu Yang fell into deep thought. He informed investor Liu Minglan of every decision made by the company.
And Liu Minglan also witnessed the rise of Renren.
Chen Wei told Lu Yang that Liu Minglan wanted him to conduct Series B financing, with Yinshan Capital leading the investment and other investment companies following suit.
And their valuation of Renren’s latest round has increased by seven times.
It can be said that as long as Lu Yang is willing, he can now choose Series B financing or Series C financing, then tell a good story and complete the listing on Nasdaq.
After the company is listed, he can choose to cash out or continue working on the next project.
In just a few years, Lu Yang will be able to achieve financial freedom in the true sense.
This is basically how the Internet industry works. Money comes in quickly and losses are lost quickly.
As long as entrepreneurs can tell their stories well, it will be easy to get financing.
For example: Let us suffocate for our dreams together!
For example: Let's make friends.
Lu Yang asked Chen Wei: "Sister Wei, do you think it would be good for us to go public as soon as possible? This way we can pay dividends, cash out, and achieve financial freedom sooner..."
Chen Wei looked at Lu Yang and couldn't believe it.
I remember that they met on the train last year. At that time, Lu Yang was just a freshman who was about to enter college, and Chen Wei was a fresh graduate who was about to enter the society.
Even she herself didn't expect that what was originally a joke would now develop to this scale.
Having more experiences has broadened her horizons, but running a listed company is really... too fast for her.
Chen Wei organized her words: "Lu Yang, I think we are developing too fast?"
Lu Yang looked at Chen Wei's plump and round shirt, and this sentence was too fast, which made him a little embarrassed.
Perhaps it was because the company was relatively stable during this period, Chen Wei's work and rest schedules became regular, and she had a little money on hand, her face was much rounder, her skin was still fair, and her figure was curvy.
Well, she looks more and more like a mature woman.
I heard that a male colleague in the company secretly sent an anonymous confession email to Chen Wei.
Chen Wei saw Lu Yang staring at her chest.
She picked up Lu Yang's water glass and placed it heavily on the table!
Lu Yang reacted: "Sister Wei, what did you just say?"
Chen Wei: "Where are you looking?"
Lu Yang: "Sister Wei, our company has no dress code. You don't need to wear a shirt from now on, you can wear a casual T-shirt."
Chen Wei glared at him: "I wore this for the interview. I can't let others come to the interview. I think our company is not formal."
Lu Yang couldn't help but think of the time when they were working in Sega Garden.
At that time, Chen Wei was in charge of interviews. The people who came for the interview saw that they were working at home, and there were Chen Wei, Lu Yang, and Lu Yong. They thought it was like a pyramid scheme den, and they were so scared that they ran away.
Back to the topic.
Lu Yang said: "What you said makes sense. I also think the listing was too fast. Although the company is developing relatively fast, its foundation is still too weak."
Chen Wei nodded: "In addition, I don't think there is any urgency about financing. Although we don't have much money now, we are completely self-sufficient."
Lu Yang: "Let's wait until game companies provide support first and we have cash flow before we consider listing Rennet."
In fact, Lu Yang has always wanted to be listed on domestic A-shares, not Nasdaq.
However, during this period in 2004, there were very few private companies listed on the A-share market.
Because they belong to the Internet industry, the Internet industry in 2004 was considered a bubble.
Referring to the time when Tencent was listed, in the A-share securities market, almost no private Internet companies became listed companies. They were all central enterprises and state-owned enterprises.
Even if Tencent wanted to be listed on the A-share market, because it was a private enterprise, it did not meet the listing requirements at that time and would not be able to be listed.
This is also Lu Yang's regret.
During the development process of the A-share market from 1990 to 2018, many outstanding companies were missed.
They all choose to be listed in Hong Kong or the United States. The continuously rising yields of these excellent Chinese companies have not given domestic investors the opportunity to share, which has become a very regrettable thing for many investors.
Especially Internet giants such as BAT.
After Chen Wei and Lu Yang finished chatting about the company's business, they suddenly said: "I have a favor that I want you to help me with."
Lu Yang: "What are you busy with?"
Chen Wei: "My parents have been urging me to go on a blind date, but I don't want to go on a blind date. They dragged many relatives to convince me."
Lu Yang raised his eyebrows: "So, you deliberately said that you have a boyfriend, and then your uncle and aunt want you to take you back to meet you? And you plan to let me pretend to be your boyfriend?"