"Haha! That's no problem."

"As long as Tencent wants to enter this field, our price is reasonable."

When Professor Zheng heard this, he also responded with a smile.

I thought of the few companies that have achieved success on the market, excluding YY Live.

In fact, Tencent’s best choice is Jiang Hao’s My Neighbor Totoro Live Streaming.

As for Douyu Live, it has still been lukewarm even after Totoro Live has already attracted most of the game traffic.

The market does not allow it to intervene for the time being, and it can only be in the earliest stage of development like other small platforms.

"According to our company's estimation, the potential of the live broadcast market is still in its early stages of development."

"There is still a lot of potential, and Tencent will definitely not miss this opportunity to invest."

Mr. Zhang was very confident at this moment. After hearing what both sides said, Jiang Hao himself was also quite confident.

This is especially true when considering the remaining platforms on the market.

"Mr. Jiang, your company needs to focus on profitability after the B round. Are you confident in this?"

Compared with financing, Mr. Zhang is now more concerned about what happens after financing.

If the A round is still in the stage of expanding the company's business model and verifying its business logic.

Once it reaches the B round, it actually means that the company excels in a certain field and proves the sustainability of its business model.

If you want to reach the C round, you need to start testing the company's profitability.

After all, if the C round is successful, even if you want to go public, you can barely do so as long as the financial report meets the standards.

However, most companies will have another round of D round or a fifth round of E round.

The purpose is to make the company's track more solid and grab more market share.

The financial report before listing is better, and we hope to get greater stock price gains after listing.

"Mr. Zhang, I have a specific idea about profit."

"However, the overall live streaming industry still has a lot of room for growth, and for the time being, we will still focus on attracting traffic."

“After half a year or a year of development, we will pay more attention to profitability.”

The process from round B to round C is not as easy as the first two rounds.

For most companies, a company in Round C is already a company with a complete business model.

How many years has the entire live broadcast industry been around? And it has only been in the past one or two years that it has really developed.

The entire market's pie and potential have not yet been fully tapped. Only by grasping the traffic can you earn more!

Jiang Hao was not unaware of the various guild models in later generations, such as the annual top ten and other revenue-boosting models.

It’s just that there is no need to use these methods in the early stage. So what if YY Live’s current revenue is very high?

Nowadays, their Totoro Live Streaming has been developed in the process of increasing market share.

The huge traffic foundation of Totoro Live will be here.

If we really think about making a profit, there will be no problem in meeting the financial reporting requirements for listing.

Seeing that Jiang Hao was confident, Mr. Zhang didn't say anything more.

After the parties had agreed on the two issues regarding financing, they were finally in the mood to visit the Totoro Live company in person.

"Mr. Zhang, this way please!"

"Currently, most of our company's employees work on this floor."

After entering the company, the first thing that comes into view is the front desk area and the waiting and resting area.

After that are the work areas for employees in each department. The office space of more than 1,000 square meters is divided into two large areas in front and back.

The overall color scheme is classic black and white. The office space is not luxurious, but it gives people a clean, bright and comfortable feeling.

After a brief tour, everyone entered the company's large conference room.

A team of ten people at Hillhouse Capital are typing on computers with a lot of information on the table, probably doing data analysis.

As for Gao Yan, she was chatting enthusiastically with Hu Sen, and they were talking and laughing while discussing many topics.

"Have you reminded me of some of the points to pay attention to?"

"I have already discussed this with Assistant Hu, and Totoro Live's financial situation is currently quite healthy."

"What needs to be dealt with has been dealt with in advance, including some debt issues that have been avoided."

Manager Gao looked quite surprised when he said this.

"Boss Zhang, you don't know yet, right? The assistant Hu that Boss Jiang hired is extraordinary and very professional."

"He was originally an auditor at PricewaterhouseCoopers, so he handled the financial matters very reasonably."

“Many problematic and risky financial situations have already been dealt with early on.”

"The company is not facing any financial risks for now, so there is nothing we need to specifically instruct on."

"Oh? PricewaterhouseCoopers?"

Before Mr. Zhang could take over the conversation, Professor Zheng at the side blurted out the question after hearing the words "PricewaterhouseCoopers".

At this moment, he began to look at Hu Sen in front of him again.

"Did Assistant Hu graduate from Songgong University?"

"Professor Zheng, have you heard of me?"

Hu Sen looked a little confused at the moment.

Although he worked for one of the Big Four before, he has also participated in the listing of many domestic groups in the United States.

But after all, most of my connections are still in the United States. Apart from the shareholders of those groups, I don’t really know many people in China.

When he saw Professor Zheng immediately call out his undergraduate background, he was quite confused.

"Senior, this is Professor Zheng from the School of Economics and Management of Songgong University."

“He is also the vice president of Songjiang Yifan Investment and participated in our company’s Series A financing.”

Jiang Hao also hurriedly helped introduce the two parties.

To be honest, sometimes the circle is really small, and the two of them are actually teacher and student in the same school.

As for how Professor Zheng had heard of Hu Sen, Jiang Hao had no idea.

"Professor Zheng, I am a student of journalism in Songgong University, Class of 00. Have you taught at the School of Journalism and Communication in the past?"

"No no."

“I have been in the School of Economics and Management since I entered Songgong University.”

Professor Zheng explained with a smile to Hu Sen, who was currently looking confused.

"I heard about this from Vice Principal Wang at school!"

"He contacted me last month and said that a very outstanding student had just returned to China."

"He graduated from Wharton School of Business with a master's degree and worked at PricewaterhouseCoopers. He asked me if I was interested in a job opportunity."

So that's what happened. It was Principal Wang who recommended it! No wonder Professor Zheng had heard of it!

That's not right! According to this timeline, Vice President Wang seemed to have recommended Hu Sen to Professor Zheng first, right?

How come these two people seem to have never even met each other?

Jiang Hao suddenly understood what was going on in his mind, but new doubts then arose.

Fortunately, Professor Zheng continued to talk about this matter.

"I was wondering why there was no news after all this talk. It turns out that he finally chose to develop his career with Mr. Jiang!"

"Professor Zheng, it was actually me and Principal Wang who turned it down."

"I don't want to continue working in investment banking or accounting. I want to participate in the specific management of the company."

Hu Sen's current career plan is to become a professional manager and increase his experience in this area.

Investment banking and private equity funds are completely contrary to his wishes.

So in the end I didn’t even get to go to Professor Zheng’s company.

"Haha! No wonder! I was wondering why we didn't even need to meet and chat!"

"But you really had a good eye for the place you chose. The development of Totoro Live is indeed not bad!"

The two of them were now communicating smoothly with each other.

The foundation of Songjiang University of Technology was fully demonstrated at this time, at least there is still considerable accumulation in Songjiang City.

You may not notice anything special in ordinary jobs, but it turns out that she is one of the elites in the city.

For example, law firms, financial companies, accounting firms, or entrepreneurs.

A considerable proportion of them are graduates from Jiangnan University, Shanghai University and Shanghai Jiao Tong University.

As the contact got deeper, even Jiang Hao had to admit it.

Unconsciously, he has gradually integrated into the alumni circle of Songgong University.

And I increasingly feel the rich resources and wide reach of this circle in Songjiang City.

However, for ordinary college students, it is difficult to get into this kind of circle unless they have developed to a certain level.

Moreover, he had never even heard of this kind of alumni circle when he was at Songshi College. It was as if it didn't exist.

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