To save the music festival, winning the championship is not too much.

The next day.

Large conference room.

Series A financing negotiations begin.

On the Future Game side, there are four people, Xu Xuan, Shen Huakun, Zeng Dengke, and Vivian. She flew back from Eagle Country specially, and Xu Si would occasionally come in to add water or something.

Opposite are Sequoia Capital, IDG Capital, Lead Capital, Jiuyou Capital, and Penguin Risk Control.

"So! In the angel round of financing, you valued it at US$[-] million?" Ma Tengyun was stunned.

It’s just a game platform, and it’s a domestic game platform.

You told me that the angel wheel is only [-] million, a US knife?

Xu promoted the contract in Yang's hand and said with a smile: "I won't hide it from you, in fact, according to Sequoia Capital, it was originally valued at US$1000 million."

Ma Tengyun nodded quickly, this is right.

Angel Wheel, how can it be possible to pay [-] million US dollars back!

However, Xu Xuan continued: "But we signed a gambling agreement. If the number of registered users reaches 1000 million within half a year, it will be calculated based on a valuation of [-] million, so..."

Ma Tengyun looked at several other investors again.

Xiong Daiwen and the others were quite helpless, but also quite happy.

Even though they spent more money, it still shows that the project was successful, so naturally they should be happy.

Ma Tengyun was speechless.

But he had to accept this fact, and then took another look at the information: "So, the Series A valuation is over $[-] million?"

Xu Xuan glanced at Ma Tengyun, then exhaled and said, "To be honest, if I hadn't had some disagreements with you Penguin, I wouldn't have been able to start Series A financing at this time, right? Mr. Ma!"

Ma Tengyun smiled awkwardly.

Now that there are three capital betting agreements with funds, Future Games will not be afraid of running out of money in a short period of time.

So, there is really no need to start financing at this time.

Moreover, this financing will also involve stripping out the money that Xu Xuan put in before.

This is the meaning of Shen Huakun's existence.

Without Shen Huakun, these things would have made Xu Xuan dizzy.

Looking at Ma Tengyun, he said speechlessly: "This financing is only 10%?"

Xu Xuanzong said: "If you value it at one billion U.S. dollars, I will give you 15%. If you value it at $20 billion, I will give you 20%!"

Ma Tengyun was really a little angry.

But looking at the expressions of Gao Liyang and others, he didn't want to get angry.

Jiang Xuetong glanced sideways at Ma Tengyun: "Mr. Ma, don't be so surprised. If you want to act, don't act in other entertainment companies, okay?"

Ma Tengyun was stunned when he heard this, and then glanced at the smiling people.

This is an entertainment company and there are many actors. Is that what you mean?

Ma Tengyun is not embarrassed. Of course, he must consider his own interests in such matters.

He smiled: "Hey~ The main reason is that the money is too much, and I'm not just an actor. I'm really surprised that you guys agreed."

Xu Xuan said at this time: "Everyone, this financing may not be funded again in a short period of time. You must think clearly. Once Penguin joins, then... I don't need to say more, right?"

Why join Penguin?

It's because penguins have so many things to use.

Whether it's servers, programmers, customer traffic, etc., these are the first echelons in the country.

Therefore, if Penguin joins Future Games, it really will not initiate Series B financing in the short term.

So, if you want to occupy more shares, please increase the valuation!

Needless to say, these venture capitalists are people or ghosts. At this time, one percentage point of the shares will be incomparable to the current valuation in the future.

Angel rounds are very risky, so Jiang Xuetong from Jiuyou Capital did not join.

But now, Jiang Xuetong can't wait to let Xu Xuan release 50% of the shares!

Although she knew this was impossible!

Ma Tengyun thought for a while: "This...is a valuation of four to five billion US dollars at most, right?"

Xiong Daiwen, Gao Liyang, and He Chuzhi all smiled and said nothing.

Ma Tengyun couldn't just name a number and it would count, so he left it to a professional team.

In the end, the four capital companies, plus Penguin, unanimously gave a valuation of US$5000 million!

Although Xu Xuan wanted a higher price, he also knew not to go too far, so Xu Xuan could only offer 14% of the shares.

However, these five companies were not happy and ultimately decided to dilute their shares at 15%.

Five companies share 15% equally, and one company only has 3%, which cannot satisfy their appetite at all.

(Professional students please remain silent →_→)

Therefore, Sequoia Capital, IDG Capital, and Lead Capital invested less money.

They are satisfied with ensuring that the angel round financing is not diluted.

Therefore, the big head is basically claimed by Jiuyou Capital and Penguin Risk Control.

The final share division was also between Sequoia Capital, IDG Capital, and Lead Capital, each ultimately accounting for 6.1% of the shares.

Penguin and Jiuyou Capital accounted for 5.85%, and the financing totaled US$1.4 million!

It's just that Penguin and Jiuyou spent more than 5000 million US dollars, but only got 5.58%, which was a bit unacceptable to them.

But if you don't accept it, the shares will be distributed to the other three companies. The three companies opposite are waiting for you.

It’s true that “League of Legends” is so popular these days.

South Korea, China, and Eagle Country have also begun to have players, so if we continue to wait, the valuation may become higher.

They know what the wolves on Wall Street are like.

As long as you can see that you can make money, what does it mean to give you a valuation of 90 million? They dare to estimate US$[-] billion!

Why do they value Xu Xuan’s future games so high?

In addition to "League of Legends", the contract also includes the source code of the game "PlayerUnknown's Battlegrounds".

This was also Xu Xuan’s trump card when he was able to convince Sequoia Capital.

Therefore, Penguin’s Ma Tengyun naturally understands that the valuation this time is not too high, but after a few months, it is estimated to be even higher!

After the final negotiation, Xu Xuan suddenly looked at Ma Tengyun and said: "Mr. Ma, I will personally contribute another 5%. Do you Penguins want it? I'll cash out this part!"

Xu Xuan cannot use the previous financing and must use it for game development and operation.

But if Xu Xuan takes out the shares again, he can run them and cash out.

Several other capitals immediately cooperated with Xu Xuan, showing interest, but Xu Xuan waved his hand: "I just want to cooperate with Penguin on this."

The other companies could only give up.

Ma Tengyun really wanted to say yes!

But is there such a thing as a good thing in the world?

impossible!

Ma Tengyun did not answer immediately, but looked at Xu Xuan strangely: "If you take more shares, 65% will be left, and at least 10% of the team's incentive shares must be retained..."

Xu Xuan waved his hand: "Don't worry about this for now, I just want to ask if you want penguins!"

Ma Tengyun glanced at Hei Yuan, who naturally nodded secretly.

When should we wait for future game shares at this time? Wait until the future game is really valued at more than [-] billion US dollars?

But Ma Tengyun was not a novice, so he asked: "What is Mr. Xu's request?"

Xu Xuan laughed when he heard this.

“Weibo shares!”

...