Perfection of Rebirth

Chapter 260
Guanghui Games official website now has wonderful games such as "Happy Farm", "Angry Birds", "Parking Space", "Fishing Game", "Plants vs. Zombies".The daily profit reaches more than 1000 million, and the monthly net profit is more than 4 million, which is a proper cash cow.

Now the entire Brilliant Group, and Brilliant Games, is in the best financial position, and those who have a lot of money don't know what to do with it.However, Guanghui Payment, Douban, Guanghui Investment, etc. do not have funds for development.

According to Jiang Hui's thinking, it's okay to directly give the money from Guanghui Games to Guanghui Payment and other companies for use, but recently I talked with Bai Xue about this matter, and Bai Xue said, "Successful kindness fights Michou".Most of the current companies are registered according to the share structure of Xiaonei. In fact, it can be said that Jiang Hui took the initiative to transfer part of the shares to other shareholders of Xiaonei. Once financing has started, it is inappropriate to continue to throw money in disregard of financial rules.

Bai Xue's words reminded Jiang Hui that since the companies are gradually getting on the right track, they should operate according to the normal financing rules.Like Brilliance Payment, the current value has not yet been reflected, and the valuation is estimated to be only two to three hundred million yuan, but Jiang Hui knows best that this company will be one of the core companies of the group in the future. It’s better to inject capital from Brilliant Games. As for other shareholders, whether to continue to follow the capital injection or choose to dilute their shares, it depends on their own wishes.

Brilliant Investment actually has a similar problem. Originally, according to Jiang Hui’s original idea, all the shares of Facebook and the independent enterprises of Xiaonei.com were put in Guanghui Investment, and then everyone held Guanghui Investment according to the share composition of Xiaonei.But in fact, the positioning of Guanghui Investment is in conflict with Guanghui Technology, which is the parent company of the group.However, the shares of Facebook were only put into Brilliant Investment, and other companies such as Tudou.com were still registered in the way of direct holding by each shareholder.

Jiang Hui wants to turn Brilliant Investment into a venture capital institution, which requires a lot of capital injection. Others still don't realize the huge value of Facebook, and it is obviously not cost-effective to cooperate with venture capital, so Jiang Hui also It is planned to be injected by Brilliant Games, and others will choose whether to follow up.

"Hi everyone, I feel very relieved to see the introductions of the companies just now. None of the companies in Guanghui Group have been established for more than one year, and all of them are entrepreneurial young companies. But now there are more than 500 formal employees in each company. Employees, more than 400 interns, a total of about 1000 employees, and the total valuation of each company has exceeded 40 billion yuan. This has never happened in the Internet industry of China. Here, I also want to thank everyone Say thank you, everyone has worked hard," Jiang Hui said.

Jiang Hui's statement received warm applause from everyone. Although all companies are implementing Jiang Hui's plan, the actual operation and planning are different after all, and everyone has put in a lot of hard work. The boss To be able to see these efforts in the eyes, everyone feels gratified after all.

"The Guanghui Group now has more than a dozen companies, and their respective developments are quite different. Everyone can see it. I hope that in the second half of this year, everyone will be able to operate their respective companies as leaders in industry segments. Seize the position of the industry leader. The Internet is an industry full of opportunities and challenges. When we see past achievements, we must fully realize that competitors are always catching up with us. I think everyone should have a sense of crisis and reflect on Will my company still be able to survive three months later?" Jiang Hui said.

The Internet is getting more and more developed, and Internet companies are likely to go bankrupt because of a certain crisis that is not handled properly, so Jiang Hui's statement of whether the company will still be alive in 3 months is not an exaggeration.

"While companies are deeply cultivating subdivided fields, Guanghui Group will also increase the pace of expansion. Companies that need financing will boldly go for financing. Take Meituan.com as an example. The requirement I set for them is that in the next month Burn 2500 million yuan, then evaluate the effect, then continue to burn money, then raise funds, and burn money again. Similarly, like Tudou, we just received 4000 million in financing, and I asked Tudou to use half of the amount to encourage In terms of users shooting and uploading excellent videos, another 2000 million will be used to operate genuine film and television dramas and try to purchase copyrights from various film and television companies. Similarly, YY live broadcast also needs to burn money to cultivate anchors and consumers, and the Internet will become more and more capital and In creative games, both are indispensable," Jiang Hui said.

There are only a few signs of the Internet money burning war, and it will be crazy in a few years.For example, Didi and Uber in later generations compete for the market, and the funds burned every month are in units of [-] million, or even in units of billions.

"Everyone should move forward boldly. When other capitals and opponents are still hesitating, they should take their way and leave them nowhere to go," Jiang Hui said.

"Let them have nowhere to go" said that everyone's hearts went away, which aroused another burst of applause.

"At today's summary meeting, in addition to the reports of each company, I still have a few decisions to inform you. As I said just now, the development of each company under the group is different. Some have started financing and entered new development channels, and some are hesitant. There is no profit and no capital injection, and the development has fallen into a bottleneck stage. Among them, Guanghui Payment and Guanghui Investment are the most obvious. If you want to quickly expand the users of the payment platform, the best way is to provide users with consumption subsidies and registration subsidies, but this It needs a lot of financial support. I hope that Guanghui Investment will build it into a venture capital company, similar to Sequoia and Softbank, to provide financial support for some start-up companies, which also requires a lot of capital injection to develop the business." Jiang Hui said.

When everyone heard Jiang Hui's words, they knew that today's drama was coming, so they sat up straight and listened carefully to Jiang Hui's speech, for fear of missing a word.

"Xiaonei.com, Meituan.com, Tudou.com, and YY Live, these companies will start the B-round financing after burning the A-round financing. Of course, this time is estimated to take a few months or even next year. And Guanghui Payment And Guanghui Investment, I plan to inject [-] million yuan into each of the two companies from the group's parent company, Guanghui Technology, to help these two companies overcome the bottleneck period and accelerate their development," Jiang Hui said.

Hearing that Jiang Hui made a move worth [-] million yuan, everyone who was doing it was shocked, not knowing what Jiang Hui would say next.

(End of this chapter)