Rebirth of the big era of online games

Chapter 118 Eating pigs is not the opposite

(This week, the PC side is strongly promoted. Everyone who has a recommendation vote will vote and rush down the recommendation list)

5 yuan, think about it?
Consider shit!
Fang Jie wanted to scold his mother.

Lao Tzu bought this domain name, excluding the technical cost and labor cost invested in advance, the purchase price alone is 7.5!
And yes, dollars!

But after thinking about it, how can the current Tencent compare with the later generations, and the 5 RMB is probably squeezed out from between the teeth.

The fact that the OICQ domain name was taken back by the arbitration made Tencent very depressed. The accumulated brand value was equivalent to being wiped out by a stick.

To make matters worse, the Internet bubble is bursting, and Nasdaq is experiencing a stock market crash.

Originally, investors were not very optimistic about Tencent, a company with copycat software, but now it is during the stock market crash, so that the company’s operations are currently struggling. No one dares to invest in the company, and they have no money to invest. loss exit.

So Fang Jie replied to the other party on the phone: "5 yuan is impossible. I bought this domain name and it cost more than 5 yuan, and it was still in US dollars! However, I am willing to use the domain name + cash to buy shares or buy your company."

"Ah this..."

Zeng Liqin was puzzled for a long time, apparently he did not expect Fang Jie to have such a big appetite, and he actually proposed an anti-acquisition of Tencent.

He thought that he was a tiger and the other was a pig, and he could eat it in one bite, but he found out that he was the pig...

"This matter needs to be studied collectively by several of our shareholders."

After saying this, Zeng Liqin hung up the phone, and he decided to go back and digest the matter with the other founders.

On Fang Jie's side, he checked the current domestic account funds.

He hasn't paid much attention to domestic accounts recently. He roughly knows that there are several million, but he doesn't know how much.

After all, the MUD game has been stabilized, and there are too many other things, and there is no place to spend money for the time being, so it can only be temporarily thrown there to depreciate, so there is no time to pay attention to it.

As a result, I opened the domestic game account and took a look, um... not a lot!

More than a month has passed, and the average daily turnover is a little over 10, plus the previous accumulation, it is more than 500 million if you are not careful.

And because the 51ka website has become the official online sales system of the province's telecommunications, plus other dealers across the country's piecemeal sales commissions, now the profit of the mobile phone recharge card alone has exceeded 10 per day, more than 10 days Come and sit and collect more than 100 million.

This is a monopoly industry. Don't just look at a card and earn a few cents, quickly make money. Selling [-] to [-] cards a day adds up to huge profits!
The current funds in the account are 634 million!
That should be about the same amount of money to buy Tencent, and probably not much cash.

However, he does not intend to acquire, only consider holding.

The most valuable thing for Tencent is this group of entrepreneurial technical talents, not QQ. Otherwise, he would not have developed a chat software similar to QQ himself?

Anyway, it's a copycat plus moving, and it's not difficult!

The hard part is retaining talent!
In order to retain these talents, they can’t be acquired wholly, but they must be given some shares. This will give them the motivation to start a business. They still have to work for themselves. Otherwise, it’s useless to spend millions to buy an empty shell of Tencent.

I remember in my previous life that Tencent was willing to sell the QQ software to the Shenzhen Municipal Telecom Data Bureau at a price of 60 to 70 yuan, but the buyer felt that it was too expensive to negotiate...

Pay attention to the problem here - Ma just sold the software and the company, but he didn't say he wanted to sell the team. Buying a copycat version of ICQ for 60 yuan is of course not worth it!

At present, Tencent can only be regarded as a grassroots company, so it is very efficient. Zeng Liqin called that night and expressed his willingness to talk.

The call also revealed Tencent's current share capital structure. The entrepreneurial team currently holds 80% of the shares, and Yingke Digital Ventures, the youngest of Li's richest family, holds 20% of the shares.

At the same time, Tencent is negotiating financing with IDG Ventures (Citigroup International Data Group), but the negotiations have temporarily reached a deadlock.

The bursting of the Internet bubble and the stock market crash of Nasdaq made IDG worry about the prospect of investing in Tencent, especially since Tencent also lost the international top-level domain name of OICQ, which made IDG even more hesitant. subscribe.

Yingke Digital invested 110 million US dollars at the beginning and got 20% of the shares.

But that was at the beginning, when Nasdaq hadn’t collapsed, and everyone was the craziest and most optimistic about the Internet technology industry. According to the valuation at that time, Tencent was worth 550 million US dollars.

Obviously, at the current stall, Tencent is far from worth the price.

Just compare the stock prices of those Internet companies on Nasdaq.

Better companies, such as Microsoft, have fallen by more than 60%, and the stock prices of general Internet companies have fallen by more than 80% or even 90%.

For example, Sina, which broke its stock right after it went public, what do you know?
So if calculated according to the current market valuation, taking a compromise ratio and subtracting 70%, Tencent is worth 165 million US dollars.

And the account can't be calculated so simply. The market is pessimistic at the moment. Even if the valuation is 165 million US dollars, there must be someone who is taken advantage of and is willing to pay for it!
However, Fang Jie, who was taken advantage of, appeared, and he was willing to buy it, and he was sincere.

After learning about Tencent's current share capital structure, Fang Jie made some calculations in his mind, and gave a preliminary intention and attitude over the phone:

"First, you don't need a wholly-owned acquisition, just hold a controlling stake, that is, plan to hold more than 67% of the shares. Consider buying with QQ.COM domain name + 51wan website + cash."

"Second, the share capital structure should be simpler. Consider taking all 20% of Yingke Digital. Since Yingke Digital intends to withdraw, let them send people to the mainland to talk to me. Please follow the current market environment. Make a reasonable offer."

"Third, 80%-47% of the 50% of the entrepreneurial team will be given to me. You should know the specific valuation, and come up with a quotation plan for me to see. If you have any questions, you can discuss it on the phone first. , You can also send someone over to talk to me."

"By the way, I'm free for a few days during the May Day holiday. I usually have to go to school every day and prepare for the college entrance examination. So I suggest you send someone to talk to me about this matter as soon as possible, otherwise you can only talk about it after my college entrance examination is over..."

When hearing the 1, 2, and 3 o'clock earlier, Zeng Liqin still nodded slowly, feeling that the person on the other end of the phone spoke in an orderly manner, with clear thinking, clear purpose, and ambition.

But hearing that last sentence...

Why do you feel that the style of painting is a bit wrong?

Zeng Liqin was stunned.

What the hell!

Are you kidding me?
The other party is just a high school student?Where did you get so much money?Is it the second generation of mine?
Later, Fang Jie dispelled the other party's doubts with just one sentence: "51ka and 51wan are mine."

Zeng Liqin suddenly realized - so it is!
In the past two days, the website 51wan has almost swiped the screen on the headlines of major portal news websites. The novel half-website and half-game model of its interactive community has aroused strong repercussions and attention in the industry.

In particular, the number of simultaneous online members broke through 10 in two days, a record, which shocked the attention of people in the industry.

It can be said that those registered members who hang on the 51wan website all day long, the original MUD game players can only be regarded as a handful, and most of the members are Internet professionals. I want to do some research to see if there is any place that can be copied.

Even, some experts in the industry commented that these two websites are the light of the current Huaguo. Whether it is mode, technology or gameplay, they are the only innovative websites that do not show obvious traces of copycats. At this dark moment when the Internet bubble burst , are two bright lights that point the way for everyone.

Naturally, Tencent has also paid attention to this large-scale interactive community website that rose almost overnight, and even several founders of the company have registered as members of the website.

I just didn't notice that the owner of the QQ.COM domain name is the same person as the 51wan and 51ka domain names.

That being the case, what else is there to say, these two websites are now much more famous than their Tencent, since they can create such a website, naturally they are not short of money.

(End of this chapter)