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Chapter 973 The solution to the Gobi network

But Zhao Jie was suffering because the tens of millions of dollars a month was not much, and it was not his own. The income fell into the hands of the publisher and was distributed to him a little bit. The share ratio that Gobi Network can get through mobile games is extremely low.

The reason for this is that only in this way can it be fully compliant. In the future, Baren will be fine when conducting listing reviews. Xiaokang promises not to go public within five years, and Baren does not not go public within five years. Baren can go public as long as Xiaokang milk is cured.

In fact, after this year, Chu Yuanxi must prepare for Baren's IPO or backdoor acquisition. If nothing unexpected happens, he can apply for domestic listing in 2021, which also meets the listing conditions for the company's three years of establishment.

If Baren is already a company with a completely sound structure, such as having a board of directors, holding regular shareholders' meetings, etc., then Chu Yuanxi can ignore the issuance or not.

As long as the board of directors recognizes it and shareholders recognize it, even if this is a "transfer of interests", it doesn't matter to be given to the Gobi Network, because the CSRC will not ask about the matter recognized by the board of directors and shareholders' meetings. There will be no impact on the listing process in the future. At most, it will be challenged by the auditor. However, this will reduce the listing valuation of Baren Group. Who makes shareholders willing?

Of course, on the other hand, if there is a board of directors, it is impossible to recognize the transfer of tens of millions of benefits per month. Independent directors will definitely ask: Why? Why do these tens of millions belong to the Gobi Internet every month? Zhao Jie transformed himself into a transformation and could pay dividends? How can such a good thing be in the world?

But the current situation is that Chu Yuanxi firmly rejects the existence of the board of directors, and is furious in order to make a living, one-man show to the peak. There is no way to talk about these reasonable structures.

So if he dares to transfer interests to Gobi Network instead of letting Baren Group make a big deal of issuance, although he can still use financial means to record IP R&D and operation hype as "fees" instead of forming any intellectual property and goodwill and other intangible assets, as long as someone asks: Is the actual controller and incubator entrepreneurs join forces to hollow out the company through interest transfer?

This kind of black spot can't be washed away, and even if the securities market now uses the registration system, it will be difficult to resist.

If it were someone who didn't understand finance, they might think that Gobi Network was incubated and invested by Baren Group. As long as Gobi Network makes a lot of money in the future, wouldn't Baren make money? Why should we still care about positioning? Compared to being petty now, isn't it a very good thing for Gobi Network to become a company with significant influence in the future?

But Chu Yuanxi, who claims to be proficient in finance and legal affairs, must not think so, because the value of Gobi Network to Baren has been reflected in the cash investment part and has nothing to do with whether the matter is good or not. In fact, this behavior can be described in a very simple sentence during the review, which is called not in line with fair value. This question cannot be answered without preparation, so I just kneel down.

Having said that, Zhao Jie's idea of ​​harvesting players is really worth discussing. Chu Yuanxi does not reject income, but it must form a trend of players' happy consumption. But once Zhao Jie obtains Chu Yuanxi's consent, he can control it? This is a mobile game of dau30 million. What is the concept? How can you be embarrassed to meet people if the monthly flow is less than 300 million? Dau, a domestic mobile game of 3 million, can get a monthly flow of 300 million.

The game income is not good now because there are no deep pits. Even if the rich are rich, they will fill the pits by opening a batch of boxes. The only bottomless pit is the potential of martial arts. This is not worth it, so they can only be produced by hanging a single line. The more boxes you open, the wider the martial arts you get, and the higher the martial arts potential is needed, forming a vicious cycle, so recharge is useless.

Therefore, in the next version, Zhao Jie only needs to add a numerical gameplay and dig the pit deeper, and the number of people opening the box immediately surged.

This is not Zhao Jie's bad thinking, but the normal way for normal people. It's like Lu Yu always wants to do live e-commerce, and then make money from his fans happily. As for Xiaokang, Xue Jianhua has a lot of ideas every day. He always wants to make a layout to earn hundreds of millions of yuan for the company. Is it because they have a bad idea? It's not that when they switch to other companies, this is a business genius.

But the business vision is always looking down, not upward, which is the questionable thing.

So Chu Yuanxi carefully answered: "If you make your income, how much do you plan to increase the monthly arpu value?"

Zhao Jie quickly replied: "It's like the normal level of the hang-up game?" After saying that, he secretly looked at Chu Yuanxi's expression.

However, Chu Yuanxi had no expression, but just shook his head as a rocking drum.

"No, no, there are many traitors in the hang-up game now. For example, the one who has recently packaged all the ads, how high is that arpu worth? Can we players stand it with them?"

Zhao Jie was helpless at the time: "No, Lao Chu, why don't you make money? This is very easy, and the money is the big shot."

"Sorry, I don't feel anything about money."

Chu Yuanxi quoted a famous saying and then looked straight at Zhao Jie.

In fact, it is too simple to make income in "The Unrighteous and Unscrupulous" and don't have to do anything fresh. As a hang-up game, you can give a monthly card of 20 yuan per month, dig a numerical pit to draw krypton, and make daily rewards more detailed. Players will give some resources every day. There is no need to give more. Giving more will quickly destroy the balance between players. Giving less will boil frogs in warm water, and those who don't krypton ask them to die slowly. In this way, it's okay to make at least 200 million in income per month.

As for some common tricks of domestic mobile games, Zhao Jie actually knows how to update the numerical gameplay of a version a month, and then correspond to a 648 yuan recharge activity. This is not a slutty operation, just a basic fuck, who can't cheat money? The difficulty is to find 30 million big players every day and be cheated. "The Unfaithful King" hang-up mobile game has 30 million daily active users and about 70 million monthly active users. Isn't this awesome thing?

Range, why are you doing this? These two ways of making income are just to let players make money. You can calculate the total user life cycle value through two models. It is easy to make the total revenue of more than 10 billion in three years of operation.

However, in fact, the current capacity of "The Unfaithful Lord" has far exceeded that of "Come on the Troubled Times" of the same period.

"The Unrighteous and Unscrupulous Lord" has no channel, with 30 million dau; "After the Troubled Times" has been on the channel, with the total dau remaining at a peak of 37 million for a long time, and then slowly descending.

Therefore, it can be said that the current popularity of the mobile game "The Unfaithful and Tyrant" is that it has reached all fans and users within the range of Baren's self-media, which is equivalent to basically overdrawing the entire game potential of Baren Group in China, especially after the activities of Baren's activities.

I heard Chu Yuanxi say: "First of all, do you want to make more money to open the A-group?"

"Those who know me are Chu Yuanxi! As long as the moon arpu value is increased from 0.5 to 1, I will easily open another group."

"That's simple. You don't necessarily have to do roadshows when doing financing. You are misled. Baren, Xiaokang and Peak Visual Effects have done roadshows, but there are a few who do roadshows."

Chu Yuanxi said, thinking about it, "Your gaming platform, I don't think we need to calculate it so carefully. I'll solve it by making a pre_a for you, and add 15 million. What do you think is the right valuation?"

The structure of the angel wheel of Gobi Network is that Baren invested 30 million in cash and gave a 40 million angel wheel valuation. The 30 million cash Baren holds 18 million shares, Zhao Jie holds 12 million, and the other 10 million is the option pool, and Zhao Jie holds 4 million.

The design of this structure imitates the peak visual effect, but it is not all because of a technical problem, that is, Zhao Jie does not have so many dkp.

The peak visual effect was invested by Baren at that time, of which 12 million was considered an investment, 8 million was cashed in Yang Jiangang's dkp, and 10 million options were added, including 4 million Yang Jiangang, so the angel round valuation was 30 million.

However, when Yang Jiangang first joined the company, Chu Yuanxi gave him 3 million special DKPs, and then when H5 promoted "Come Out of the Mountain in Troubled Times", he was rude and cheated out 5 million DKPs, and thus raised 8 million DKPs for incubation.

Zhao Jie worked in Baren for more than a year and worked hard, so DKP saved 2 million. This is already one of the employees who have obtained DKP the most. It seems that it is not much for starting a business to raise millions or tens of millions of dollars, but what if it is considered a bonus? Is it still less bonus for more than 2 million yuan a year? It would be too much to pay more.

The gameplay of dkp was originally intended to let several employees get together to form a team to start a business, but Baren has developed too fast, exceeding the original intention of establishing dkp. The key is to sell all Zhao Jie's brothers and cannot get this part.

So Zhao Jie was the angel round. Although it was possible to solve the problem of the proportion of founders' shareholding in startups, it could not solve the problem of capital contribution. Moreover, the money needed by Gobi Network is much more than the peak visual effect. Unless Zhao Jie is given a sky-high option, it is difficult to balance the interests of Baren Group and Zhao Jie in person.

In order to solve this technical problem, Chu Yuanxi became flexible and converted 10 million Zhao Jie's options in Baren to DKP. Zhao Jie's special options that had received more than 20 million were transferred from Chu Yuanxi's own personal options. When it was transferred, it had been converted into a fixed-quota option instead of a floating option with greater value, so when it was converted to DKP, it could be seamlessly transferred.

So this problem was perfectly solved. Zhao Jie happened to hold a 12 million stake in the Gobi Network, and the options of 4 million make the start-up's holding structure extremely stable and scientific.

But now Chu Yuanxi says that Baren will invest additional investment, so Zhao Jie has to make a calculation, because if Baren still adds 10 million at a valuation of 40 million, his holdings will reach 28 million, 56%, or more than 50%, which is very inappropriate.

Although he was originally pinched by the Baren Group, the Baren holds only 45% of the shares in the Gobi Internet. If it exceeds 50%, it is like a martial artist in the island country during the Warring States Period and finally became an independent daimyo, and then became a de facto vassal. The Orei Asai family in the Oda Nobunaga era decisively betrayed Nobunaga for this reason, although their family governor married Nobunaga's sister Ashi, who was known as the number one beauty in the Warring States Period.

"Do I want me to get you a calculator?" Chu Yuanxi looked at Zhao Jie's entangled expression and just wanted to laugh. Zhao Jie must be able to calculate the calculation, but probably because he felt that he was not worth that much money?

"Then, 3320 million?" Zhao Jiexin calculated. Pre_a's 320 million move was exactly 8 times the angel round, and he could control Baren's shareholding and still less than 50% after the investment, which was very happy.

"Be bold!" Chu Yuanxi pressed his forehead, "Now you are an entrepreneur and I am an investor. You are obviously guilty when you shout like this. I don't deserve so much money if you write it on your face. Can you do this?"

"Then it's 400 million!" Zhao Jie said, gritting his back teeth, "Yang Jiangang asked for 800 million in the A round. Isn't it too much for me to want 400 million?"

After saying that, he immediately said in a very low voice: "It's just a little early..."

"It's indeed a little early, but 400 million is too small... Forget it, you are an entrepreneur and you have the final say. Oh, by the way, you should hire a cfo, and then you can talk to your cfo."

This time, neither the Mediterranean nor the Gobi Network Chu Yuanxi took the initiative to be their cfo because she was too busy to be busy. She gave the peak visual effect to cfo because it was the first company incubated by Baren, which needed to be more meticulous, and there was time at that time. Chu Yuanxi was very busy now, and he had to do subtraction at work, and it was impossible to do addition again.

Therefore, Zhao Jie is not in a state of cfo now.

"Can Chen Xiao?" Zhao Jie asked immediately, and it seemed that he had considered this issue a long time ago. Chen Xiao is the financial director of Baren Group. He used to be the financial director of the Fruit Network's Imperial Capital R&D department. He was transferred to Baren together and worked as the financial director. Although the group's finances are basically controlled by Chu Yuanxi, her work is similar to before, but her reputation and resume are very good.

"Please, can your eyes look farther?" Chu Yuanxi said that Chen Xiao is so rare that he is such a troublesome financial director. How could he give it to you? "You have to know that Chen Xiao is now seriously experiencing greater than his ability and has a very high premium. You can't recruit a better person? Who is the important thing to work with? "

Zhao Jie thought to himself, then why are you not dragged down when you have been working with us for so long?

Chu Yuanxi looked at the time and said, "Time is tight and the task is heavy, so I'll just say it. After starting a business, you should remember that the most important thing at any time is to recruit, find the right person, and be able to implement your goals. Then the goal must be firm and not change at any time, but the process can be fine-tuned according to the market situation. What is your goal?
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