Yuan Jing is also satisfied with this answer. A win-win cooperation must make the other party profitable, and a good partner is crucial.

But this problem is not over yet, Yuan Jingna pen point: "well, you have considered the extreme conditions, the game can not be online? I mean, in the future, the sale of trade titles may also be severely punished, and our resources of Zheng de may not work well in the future. Now we can add them secretly, but not in the future. Even Li Jingfei couldn't work well. What did you do then? "

"Thought about it." Chuyuan Xi hit the table, "at that time, it must be the most difficult time for the domestic game industry, and it is also the easiest time to make money with the least competition." He was not afraid at all, and said: "as long as the financing is enough, we can go to the island country, do it this way, do it this way, and then do it again Don't look at me. Everything is good in China. It takes time to change that. "

"Not to cosmopolitan?"

"No, the export of cosmopolitan game to China has been zero since last March. It's cooler than ours."

"OK, the common people are afraid of officials, and the crooked nuts are afraid of the common people." Yuan Jing is to know Chu Yuan Xi said is the fact, "this even if you pass." He took a drink from his glass and moistened his dry lips. His heart said Chuyuan night whole a stingy immortal, also don't say pour some tea, unexpectedly that pure water send the Grand President of Zheng de?

In fact, chuyuanxi was afraid that he would spray tea later. The water spray was better.

"Well, the next question is more sensitive. Have you made the headlines?"

"Why do you think so?"

"Of course I think so. If you really stand in line with the headlines, will your official account be dangerous?

complain loudly about an alleged injustice that has been used to attack WeChat by the headline. The official account of the public has not been screened until now. The reading of one hundred thousand + lies with that. Penguin's utensils are so large that it's impossible to repair my shrimp.

Besides, why should I stand on the front page? The data of trembling sound is relatively real, and it is a clear stream of the Internet in the tiktok. Now it has also released the operation, and then sells advertisements by limiting current. Even from a commercial point of view, there is a small number of killers, and I'm only on the front page when I'm out of my mind. Tiktok: actually, I think now is how to maximize the value of the jitter. I didn't take the platform as a foundation at all, and I've always been a official account.

"Oh? That's what you think? "

"Obviously, really ambitious content creators certainly don't regard a place with big data as a geomantic omen. Tiktok now can not be seen through the brush. The advertisement price is totally unreliable, and it is also limited. It's necessary to gradually feel boring when doing the content, and then upload the work with a perfunctory attitude. Tiktok, like Kwai Chung, was a bit of a start. I didn't have the right style to handle Kwai.

For a company like Ba Ren, corporate culture doesn't matter. They are all in the top five, and the size of the instrument determines the ceiling of the company. "

Yuan Jing was stunned by Chu Yuanxi's natural posture, and felt like he was talking with an Internet giant. The problem is, this is more convincing than brother Dongge or Zhang Ming

However, he agreed with this very much, so he didn't tangle with it. He raised the last question, which is also the most critical one: "when and how much

"Oh? Don't you ask about valuation? "

Yuan Jing was stunned. What did he say? He did not ask about the valuation, but acquiesced to the valuation of one billion. What else? Today, with the gradual spread of money shortage, we media has been hit repeatedly, and the game has entered a cold winter. Even the cartoon industry, which has been in full swing for the past two years, has been basically unable to rely on the empty fire of financing. In this case, it's the utmost benevolence to dare to give a value of one billion?

Chuyuan xiyile, not to mention the valuation, just said: "at present, when will financing be? To be honest, it depends on the situation after TCG goes online. If I don't meet the expectation after I go online, and I don't meet the expectation under the consideration of both activity and income, then I have to be anxious. I have to raise money quickly. Now I can barely maintain positive cash flow while recruiting people, and I can't be happy. If it exceeds the expectation, then my valuation will have to rise, and I'm not so anxious about financing. At least now it seems that the development of the company is OK, and the valuation is rising all the way. "

Yuan Jing said without expression: "is this what you say from the bottom of your heart? I don't know why you are so confident that when you want to raise money in the future, you will be able to raise money. "

When Yuan Jing's face is expressionless, it means that he is angry, but his face is flat. Chuyuanxi knew that he was still confused about the valuation of 1 billion, which was a key problem. To get rid of his worries, he said: "in any valuation system, there is a relatively high or low valuation, and low valuation is attractive. In fact, your question is whether the valuation of Ba people is appropriate. You always use the valuation system of we media company or even game company to estimate, which will never be appropriate. "

"Aren't you a we media + game company?"

"Ah, you're right. We media + Games = IP. Have you found this equation? That's the point. We are actually a cultural and creative company. We live by creating content with wisdom and experience. "Yuan Jingxin said that what is your short video? He is so angry that his hands are shaking. Why? Because the valuation of cultural and creative companies is generally high, for example, Yuewen group listed in Xiangjiang

Chu Yuan Xi see he no longer face sink like water, heart said that this should be ok? "The game is the closed-loop closing of IP realization. Making IP can't get around the game in the end, but there are many ways to close it. Just because we have the ability to develop our own games, we eat the whole fish. We don't choose the cooperation mode of authorizing others and collecting authorization fees. "

Yuan Jing is very painful, because he never thought that Chu Yuan's desire is hard to fill, and he even wants to raise the price? He decided to skip the question and ask, "let's not talk about the valuation. How much do you plan to raise?"

"About two or three billion? In short, it's not less than 20% of the valuation. "

"So much?" Yuan Jing exclaimed. However, Chuyuan Xi lightly threw a deep-water bomb: "more or less, just a matter of quantity, not the key problem, the key problem is my gambling requirements."

Yuan Jing felt tight in his heart. Subconsciously, he sat up straight, because it seemed that chuyuanxi was going to pit his father.

Chuyuanxi said, "my request is very simple. Assuming that there is no refinancing after the current round of financing, when the net operating profit realized in the next three years reaches 33%, 100% or 266% of the valuation before the current round of financing respectively in the first, second and third years, the shareholding proportion of the founding team will be automatically expanded, and the cumulative proportion of the number of shares is 133%, 200% and 333% of the valuation before the current round of financing. "

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