My Return to Life

Chapter 683 Can the frontier look like it is short of money?

Under the background that the influence fund is fully promoting the development of the mobile game industry; platforms such as Dangkang, Qingchat, and Goose Factory have taken the lead to improve the future prospects of the mobile game industry;

Time has become the most precious thing.

It just confirms that sentence:

time is money.

Every day, there will be a lot of new news popping up suddenly, attracting the attention of countless people.

After Fang Nian handed over the matter to Wen Ye, Gu Yu, Wu Fucheng, and Liu Xi, the front office was suddenly busy.

In the afternoon of Lixia, Wen Ye and Wu Fucheng packed up and flew to the capital.

Gu Yu got busy on the spot in Shanghai.

It can be said that he seized every minute.

Although Lu Weiyu's main job is to keep an eye on the laboratory, she will also find time to help out in the front office.

Instead, Mr. Fang himself...

Went to Wuxi again for two days on the weekend.

After all, keeping a low profile is obviously not suitable for Mr. Fang to come out in person.

Blink to the 9th, Monday.

According to public information, on the same day, various industrial and commercial units in Yangpu approved 29 game companies or studios.

Of course, Shanghai is the most economically active city in China after all, so it cannot represent the situation in other cities.

But from this perspective, it can also be seen that the mobile game industry is booming.

And it's clearly just the beginning.

Next day, the second working day of the new week.

According to incomplete statistics, 51 game companies in Shanghai have been acquired or basically disappeared.

At the same time, according to reliable sources, mergers and acquisitions in the mobile game industry are very hot in the primary market across the country today.

Behind the scenes that are not fully open to the public.

Nationwide mergers and acquisitions resulted in 7 companies focusing on the mobile game industry with a valuation of over 100 million.

Each of these seven companies has one or more popular mobile games, each with more than one million players.

11th, Wednesday.

It is reported that by the end of this week, the number of independently listed mobile games has exceeded 1,000.

The meaning here is very obvious.

The so-called independent listing refers to not publishing on Dangkang mobile game platform and Goose Factory Megame.

Of course, it will not be published in the light chat game center.

The popularity of the mobile game industry has almost swept the entire game circle, and even some experienced and "unrepentant" end game players no longer want to be as resistant to mobile games as they used to be.

Some game forums have dedicated sections for mobile games.

Not only that, some people even created a forum dedicated to mobile games.

The discussion trends in major game forums are also tilted towards the mobile game industry.

Some bigwigs who have a great voice in the game industry have also expressed relevant views in different places.

"According to the current trend, the most important factor limiting the prosperity and development of mobile games should be the speed of popularization of large-screen candy bar smartphones;

The "Parkour Master" launched by Dangkang mobile game has good playability in the fineness and fluency of the screen on the recommended model;

Anyway, the current mobile games are no longer as simple as chopping watermelons and fighting landlords. "

"..."

"Trying several new mobile games, the wind vane has basically changed, but I personally think that the biggest limitation now is the high latency and low speed of mobile 3G;

The 3G of China Unicom and China Telecom is okay, but WiFi is the best. "

"..."

"I think the mobile game industry will continue to develop as it is now.

It is really possible to create miracles;

You may not have noticed that the originality of the domestic mobile game industry accounts for a high proportion, unlike PC games, so far, most popular PC games have been produced abroad, and the country is only an agent;

That's right, I'm talking about popular games like LOL, Dota Reborn, and Minecraft! "

"..."

That afternoon, after finishing surfing the Internet, Fang Nian made a special call to Neil Shen:

It is recommended that Neil Shen pay attention to the development of the copyrights of online novels and games under the major domestic web sites.

Improve competitiveness from source originality.

In principle, Shen Nier adopted Fang Nian's suggestion.

Although this aspect is Shen Nier's blind spot, it doesn't matter, the capital doesn't have to end it in person.

This can be regarded as side feeding back to Fang Nian's web articles.

After all, for capital, the copyright of online novels is really a drop in the bucket, and with a little gimmick, that little expenditure will be covered.

Also on this afternoon, Wen Ye and Wu Fucheng hurried back from the capital to Shencheng, together with Gu Yu who was already in Shencheng, they kept going.

Another two days passed.

On the 13th, Friday, the first wave of enthusiasm for the mobile game industry gradually began to fall.

Shen Nier and the others, including impact funds, including some well-informed and well-known investment institutions, quietly withdrew from this gluttonous feast.

The feast starts from the evening of May 1st to the morning of the 13th.

That's almost 12 24 hours.

Invested about 1.1 billion in the early impact fund, under the baptism of capital;

Five new mobile game companies with a valuation of more than 1 billion yuan have emerged nationwide.

8 new mobile game companies with a valuation of more than RMB 500 million and less than RMB 1 billion.

20 new mobile game companies with a valuation of more than 100 million yuan and less than 500 million yuan.

In addition, there are a lot of new companies staring at the temptation of a valuation of over 100 million.

A total of 33 new high-valued mobile game companies are basically concentrated in the four cities of Beijing, Shanghai, Guangzhou and Shenzhen.

Mainly concentrated in the two cities in the north.

Guangzhou and Shenzhen are a little behind.

Just like the assumption made by Lu Weiyu, in the primary market, it only takes one day for the capital to multiply by 1000 times.

As long as the capital is willing to buy this story, buy this concept, whether there is any revenue, whether it is making money now, it doesn't matter at all!

If we unpack the story of the past ten days, remove some external factors, and only talk about the impact fund;

It can be described as:

With a capital of about 1.1 billion, the Impact Fund took nearly two months, and under Fang Nian's intervention, pushed the size of the Chinese mobile game market from insignificant to over 100 billion.

After all, the total valuation of these 33 companies alone exceeds 18 billion.

Of course, investment institutions other than impact funds also contributed to pushing the market size to over 100 billion...

…………

morning.

Fang Nian received an announcement call from Shen Neer.

There was almost no pleasantries. After the call was connected, Shen Neer got straight to the point: "Mr. Fang has a really unique vision!"

"The popularity of the mobile game industry will last for a long, long time!"

"According to the current incomplete statistics, the impact fund has made a total profit of nearly 1 billion this time, which is almost 100% of the super high return on investment!"

"It is one of the projects with the highest rate of return on the same scale of funds since I started investing. If the time period is added, it can be said to be unprecedented!"

Speaking of this, Neil Shen admired: "It's really busy and I can't get away to go to Shanghai. At this time, I should have a toast to Fang Zong!"

After listening to Shen Neer's tone of excitement, Fang Nian smiled slightly: "Mr. Shen is too polite."

As he spoke, Fang Nian sighed and said, "I finally got a good night's sleep. Ever since I called for the establishment of an influence club, established an influence fund, and determined the first popular industry, I've been very nervous... "

"Mr. Fang, don't be humble. Although this is the first step of the impact fund, it is actually a small trial." Shen Neil said with a smile.

"..."

Without much greetings, Shen Neer took the lead to close the line.

Only a tenth of the 10 billion fund has been moved, which is indeed a small test.

Moreover, the wind trading in the mobile game industry has only come to an end temporarily.

Including the impact fund, Shen Neil's Sequoia Capital China Fund and other institutions have not all withdrawn all their shares.

Speaking of which, Fang Nian could understand Shen Neer's excitement.

Even he could imagine the surging hearts of the members of the Impact Club.

You must know that in the field of conventional venture capital, the return on capital-guaranteed investment is 8% annualized.

Unlike now, the return on investment is close to 100% in less than two months.

The 1.1 billion capital is only small for the 10 billion capital of the impact fund. In fact, the private equity funds managed by many investment institutions do not reach 1 billion.

Therefore, although this income will not be stripped out for dividends for the time being, it still gives club members enough confidence.

Let's put it this way.

I have never seen such a venture capital investment.

The Impact Club has blazed a different path.

Unite through interest alliances, directly use capital to drive the industry, so that the word risk of venture capital basically disappears.

certainly……

There are also factors such as appropriate industry selection and appropriate intervention.

If Fang Nian hadn't mentioned mobile games and social networking, the investors who were here at the time might not know what industry they would choose.

Then lose money and make money.

For example, following behind Xiongchang, now all in Internet artificial intelligence...

Another example is the super-high price offered by Yanqianxiong Factory to acquire 91 Wireless, and choose the mobile phone third-party application distribution industry...

Fang Nian can guarantee that you will pay as much as you have.

Gods can't save...

Shen Neer's call to announce the good news was just the beginning, Lei Jun, Liu Qin and other acquaintances called almost one by one.

To sum it up in two sentences.

Mr. Fang is amazing, Mr. Fang really never disappoints.

"..."

At least an hour wasted on the phone.

…………

After finally finishing the call, Fang Nian threw the hot phone aside and looked at the five people sitting in the office.

"Okay, the external surprises are finished, who will tell me now, what have the frontier angels gained from last Friday to this whole week?"

Facing Fang Nian's sloppy eyes, Wen Ye did his part and took the lead in reporting: "As of this morning, the number of small game companies invested by Frontier Angels has decreased to 12;

All of them are concentrated in Shencheng, two of which are valued at over 1 billion, and the remaining 10 are in relatively poor operating conditions. According to what you mean, there is no equity transfer. "

"..."

After Wen Ye finished his report, Gu Yu followed up and said, "As of ten o'clock this morning, all the equity transfer agreements have been completed, and all the funds have been returned to Frontier Angel's account."

"..."

Wu Fucheng moved his lips lightly, and was about to speak, when Fang Nian waved his hand: "It's unnecessary to describe these fluffy things in such detail;

Now it can basically be said that frontier angels have nothing to do with games, let me tell you something I like to hear, how much money frontier angels earn? "

After Fang Nian's words fell, everyone's eyes turned to Liu Xi, the God of Wealth at the forefront.

The God of Wealth, Liu Xi, is in charge of the ledger of Frontier Company, including the ledger of Frontier Angel, which has not yet become independent.

Coupled with Liu Xin's god-like financial summary and statistics ability, she is naturally the one who has the most say.

Liu Xi, who usually hides her whole body behind the desk, raised her head, and the eyes and above protruded from behind the computer screen.

Briefly: "Since this week, frontier angels have received a total of 2.137 billion yuan, and the total expenditure and investment of this part of the income is 86.91 million."

After a short pause, Liu Xi said again: "The comprehensive return on investment multiple is around 24."

"According to the data of the mobile game industry in the last two weeks, the comprehensive return on investment multiple is much higher than the average level of 15.9."

In the end, Liu Xi rolled her eyes, glanced at Fang Nian, and made an addition: "Because the frontier angels still hold the stocks of two game companies with current valuations of 1 billion and 1.15 billion respectively, the current comprehensive return multiple of this part is around 38;

Therefore, the combined return on investment multiple is 25.33. "

"..."

As expected of the God of Wealth, this report sounds like he is in a happy mood.

Although Frontier Angel entered the game more than half a year earlier, and the return on investment was a little bit higher than the average level this time, it was enough.

It can be regarded as a sky-defying income.

As for why the average number is 15.9, Shen Neil said that the investment return of the impact fund is only close to 100%;

That's because the part that continues to hold shares is not counted.

Of the 33 most highly valued companies, the impact funds more or less retained a small stake.

If these parts are combined and calculated, it will probably reach 16.3, which is 8 times the data announced by Shen Neil...

After Liu Xi finished speaking, the office fell into an eerie silence for no reason.

Everyone suddenly fell silent.

Fang Nian glanced at him, pretending to be serious and said: "I remember hearing that Frontier was too short of money, always in a state of lack of money, and always in serious financial risk...

Now, come and tell me, can frontier be that short of money? "

"No!" Wen Ye was the first to agree.

Gu Yu followed closely behind.

Then……

Everyone looked at Liu Xi again.

Liu Xi: "...why, it all depends on me, I...that's telling the truth."

"Really?" Fang Nian deliberately dragged out his voice.

Liu Xi: "..."

She bit the bullet and answered seriously: "Yes."

"How come I remember that you were the one talking about it all the time!" Fang Nian said seriously, "There is no two meals for this matter, let me tell you, my wounded heart will never recover!"

Liu Xi's eyeballs rolled slightly, and there was some unknown meaning in them.

Then Liu Xiqing said weakly: "My mine, I invite you."

Upon hearing this, Fang Nian immediately booed, "The God of Wealth treats you, what are you still doing?"

"..."

This wave...

This wave is called full bowl.

Of course there is a need to celebrate.

Exchanged 100 million for an investment return of 2.1 billion, which greatly relieved the current financial pressure on Frontier, and Fang Nian could spend it again for a while.

But even so, Mr. Fang still has to 'squeeze' the pocket of Liu Xi, the God of Wealth.

Actually let Liu Xi pay for the treat.

According to the celebration standard of the frontier office, a meal costs tens of thousands of yuan, which is a rare large expenditure for Liu Xi.

But Liu Xi is not stingy, but quite generous.

In the group of frontier offices, Liu Xi has a strong sense of existence, but she is very immature in dealing with people.

Although most of the time it was Fang Nian, the boss, who gave out benefits.

But after everyone joins the frontier, their income can be regarded as high-level white-collar workers, and occasionally there are some spontaneous benefits.

Liu Xi is not very good at this aspect, and from a certain point of view he can be regarded as an image of a penny-pinching iron rooster.

She is the god of wealth.

Therefore, this is also the reason why Fang Nian took the opportunity to make a fuss.

It's also the reason why Liu Xi's eyes don't have a clear meaning, and there are some thanks to the other party that are not easy to show in public...

Dinner at a private kitchen in Huangpu.

Chatting while eating, although Mr. Guan was missing, it was still quite lively.

As he was talking, Fang Nian suddenly changed the subject: "Boss Lu, anyway, I'm fine tomorrow, so I'll be your secretary?"

"Aren't you going to Wuxi?" Lu Weiyu's eyes lightened.

Fang Nian smiled: "You have to combine work and rest."

"Besides, I've been really busy recently. Everyone works overtime all day long. I can't stop showing myself."

Hearing Fang Nian's words, Wen Ye snorted and beeped softly: "Are you showing off to us? I'm too embarrassed to point it out!"

"That's right." Gu Yu is also not afraid of death, he just followed up, and even gave a super double, "I don't know how to take care of us, why don't you!"

Fang Nian: "..."

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