Video Game Empire

"Second uncle, Mingyao Games has agreed to accept our investment of HKD 500,000! In addition, Changhang Electronics Co., Ltd. has also agreed to accept our investment of HKD 1.5 million, accounting for 20% of the shares!" Xu Jiankui reported to Xu Shixun with a wry smile. △ Apex Novel,

Xu Shixun also shook his head after hearing this. There are not many smart people with vision in Hong Kong. He felt that the companies launched by the Oriental Incubation Park had investment value, and specially prepared HK$5 million for his nephew to try the knife, but he didn't expect that the money could not be sent out at all.

Li Xuan was still worried that Hong Kong did not have a tradition of venture capital, for fear that this attempt to attract capital would fail. But Li Xuan underestimated his influence. His rise like a myth has not only become the idol of countless young people, but also made many interested people begin to quietly pay attention to his every move.

There are seven or eight billionaires like Xu Shixun who went to the Renaissance Hotel in person to participate in the promotion conference, and naturally more people are paying attention secretly. The first batch of 15 venture capital projects launched by the Oriental Incubation Park originally planned to raise a total of 30 million Hong Kong dollars, but almost every project was looted.

The problem faced by the founders of these companies is not the lack of attention they were worried about before, but how to reject the influx of investors. Fundraising is not the more the better, every extra dollar received means an extra share.

The valuation of the company in the early stage is relatively low, and it is a very disadvantageous thing for the founder to give up too much equity at this time. As long as their projects have a promising future, they can charge less money now, and the company will develop for a while before the next round of fundraising. It is entirely possible to seek a higher valuation.

Like the two founders of Mingyao Games, Tan Jiaming and Huo Yaoliang, their companies have already seen the dawn of profitability. There is no need to raise too much capital. So while a dozen investors are bullish on their company, desperately trying to put money in their pockets. But they insisted that only 2.5 million, this amount has been able to support the smooth launch of the two games developed by the company.

"This is the first time I saw that I was very aggrieved when I sent money to someone!" Xu Jiankui said very depressed.

The reason why he was able to grab two projects for Xu's Investment Fund was because of the title of vice president of Dongfang Venture Capital, which was a tribute to Li Xuan. In fact, the reason why he chose these two projects was also because of Li Xuan's instructions. Mingyao Games Studio is the fastest project to see revenue among the first 15 projects, and is generally optimistic.

As for another long-term avionics company, the two founders have only one development plan, preparing to enter the arcade and PC power business. Many people still have some doubts about this three-no company, which has no personnel, no equipment, and no workshop, less than a week after its incorporation.

Xu Jiankui had been hinted by Li Xuan before. Be the first to act before anyone else reacts. He not only told the two founders, Zhou Wenxin and Guo Jiaqiang, that Xu's Capital is only responsible for financial supervision and does not interfere with the company's specific development direction after becoming a shareholder. At the same time, the group companies under the Xu family can provide strong support for Changhang Electronics' follow-up actions such as opening factories and recruiting personnel.

If it can get the support of the Xu Group, a large company with a scale of several billion Hong Kong dollars, the next development of Changhang Electronics will undoubtedly be much smoother, so Guo Jiaqiang and Zhou Wenxin quickly agreed. Changhang Electronics plans to raise 3 million Hong Kong dollars this time, and another 1.5 million Hong Kong dollars has been invested by Dongfang Venture Capital.

Li Xuan is really optimistic about Changhang Electronics. In addition to the need for power supply in arcade machines, power supply is also needed in personal computers. Although the computer power supply is not as important and conspicuous as components such as p, memory, and graphics card. But it is also an indispensable component.

Compared with components such as p and memory, the technical threshold of the power supply is much lower. Its main function is to convert ordinary alternating current into direct current, and then according to different voltages. They are output to computer components such as motherboard, hard disk, CD-ROM and so on.

The wave of personal computers is rapidly emerging, and this market will become extremely huge in the future. No matter how good the appetite of Dongfang Electronics is, it is impossible to swallow it. Li Xuan is willing to support a group of affiliated enterprises. Share this huge cake together.

Just when Xu Jiankui was reporting the results to his second uncle, the president of Oriental Incubator was also briefing Li Xuan.

"Li Sheng. There are too many rich people in Hong Kong. It took only one day to raise enough funds for 15 projects. We originally planned to raise 30 million Hong Kong dollars, but it actually increased to 34.5 million!" When Xu Yuan called Li Xuan, he was out of breath and a little heavy, and was very excited.

He rarely sees such crazy scenes in Silicon Valley. Entrepreneurs have always come to the door one by one, and he may not be able to persuade venture capital firms to invest in him. How can it be like now, venture capital people are crying and wanting to send money!

Investing in technology companies is like a gamble. The risks are high, and if you are not sharp enough, you may lose everything! Who said that he also thinks that this batch of companies has investment value, but it is impossible for these 15 companies to all succeed. It is crazy enough that half of them can grow up in the end!

Li Xuan has actually guessed the reason. The rapid rise of Dongfang Electronics has scratched the itch of many people in Hong Kong. They have no chance to share the huge dividends brought by the crazy growth of Dongfang Electronics. The project was taken as a substitute for Dongfang Electronics.

The fundraising quota of 34.5 million Hong Kong dollars is only 20 million after deducting the 15 million of Dongfang Venture Capital. This money is shared by dozens or even hundreds of people, and the average investment amount that each person can share is only a few hundred thousand. For wealthy people like Xu Shixun and Zheng Yutong, this amount of money is not even a fraction.

What's more, these projects launched this time, Li Xuan's purpose is to start a brand. Each company has been carefully selected, and only after it has been confirmed that it has a greater development prospect can it be listed in the first batch of referrals. Under the superposition of these factors, it caused the hot scene of this promotion meeting.

"Li Sheng, not only local investors in Hong Kong participated in this venture, but also Sequoia Capital, a well-known venture capital firm from Silicon Valley!" Xu Yuan said on the phone again.

Li Xuan frowned slightly, then smiled again, Sequoia Capital is worthy of being a Tyrannosaurus Rex-level venture capital company, its nose is really smart, and you can smell the food across the Pacific Ocean!

As long as you are engaged in the industry, the name Sequoia Capital is absolutely familiar to the ears. This venture capital firm has successfully invested in a series of well-known companies such as Apple, Oracle, Cisco, Yahoo, Google, and ob. The total market value of companies listed as a result of their investments is even more than 10% of the total value of the entire Nasdaq market.

Many domestic companies such as Alibaba, Sina, JD.com, Vipshop and Douban have received investment from Sequoia Capital. Even Atari, one of Li Xuan's current important competitors, received financial support from Sequoia Capital during its initial development.

It can be said that Sequoia Capital is an immortal legend in Silicon Valley. Your interest in it may mean that you will become a trend-setter in the next few years!

In fact, the reason why Sequoia Capital paid attention to this small promotion conference in Asia was also because of Li Xuan's credit. Before, Sequoia Capital has repeatedly proposed to invest in Li Xuan's Computer Garden, Dongfang Software and other companies. But Li Xuan is not short of funds, and decisively rejected its kindness.

Recently, Sequoia Capital took aim at Dongfang Semiconductor Company, which is expanding rapidly, so the research on the entire Dongfang Electronics Group has also been more in-depth, so they accidentally discovered that there is such an investment opportunity far away in Hong Kong.

30 million Hong Kong dollars converted into US dollars is less than 6 million US dollars. For this VC giant, which has just successfully invested in Apple, it can take out $6 million without even blinking an eye, and wrap up all the projects. However, Sequoia Capital, a newcomer, did not gain much advantage in the face of crazy Hong Kong investors. This time, it only grabbed a few million Hong Kong dollars of investment shares.

Li Xuan does not exclude the entry of these foreign capitals. On the contrary, the venture capital in Hong Kong has just started. The entry of these professional American venture capital firms can make the entire industry standardize and rationalize the system more quickly.

After Li Xuan and Xu Yuan finished the phone call, they called Xu Jiankui's number. Xu Jiankui started complaining as soon as he answered the phone.

"When will the next batch of companies be launched?" Xu Jiankui asked on the other end of the phone.

"You think this is mowing grass, it will grow immediately after mowing, how can there be so many good projects!" Li Xuan said angrily, "There are still dozens of projects incubating in the Oriental Incubation Park, you You can choose slowly by yourself!"

Li Xuan also knows that there will be good projects that slip through the net ~ www.readwn.com~ has not been discovered by the management of the incubator. After all, no one can accurately predict the future. However, in order to gather the first batch of 15 projects, the Oriental Incubation Park not only searched in Hong Kong, but also set its sights on Taiwan. Taiwan is now similar to Hong Kong, and venture capital has not yet begun to sprout.

"You come forward and contact other investors who participated in this venture capital investment, and we, Eastern Venture Capital, will organize an industry exchange meeting and introduce some mature systems in Silicon Valley to everyone! For example, whether the venture capital capital should send directors to participate in the management of investment companies. And other issues, Norris will be responsible for the specific content!" Li Xuan said.

Norris Kerr is another vice president of the newly established Oriental Venture Company. He is an investment manager who has performed very well in the past one or two years on Sandhill Road. Responsible for the actual operation of Eastern Ventures.

Dune Road is located in Menlo Park City in the Silicon Valley area. This street is known as the "Wall Street of the West of the United States", where hundreds of venture capital firms gather, and almost every big man in Silicon Valley has come here to seek help. Dune Road and Stanford are known as the two engines that have created the glory of Silicon Valley! (To be continued..)

ps: Sorry, the update is a little late today, and the second update will also be slightly late