Chapter 172 The second billionaire in the slope system!

Zheng Wentong visited Jiangchu for two days, focused on Xingu Software Park, and visited Douyu headquarters again.

Douyu founder Chen Shaojie welcomed the arrival of slope investment. In March this year, Douyu TV just completed a US$100 million Series B financing led by Penguin.

Slope Investment came into contact with Douyu very early. At that time, slope investment had just been established and there was insufficient funds, so between B station B and Douyu, Zheng Wentong decisively chose B station B.

If Penguin had not invested in Douyu and Huya at the same time and merged the two game live broadcast websites, both of them would probably have been listed.

From an investment perspective, Zheng Wentong himself and Slope Investment do not require investing in Douyu, because the profit margin itself is not large.

Douyu likes to use money to dig out the top anchors, and its contracted anchors include Feng Timo, PDD, Xuri Baby, and Chen Yifaer.

Douyu, who completed the B and C rounds of financing, was rich and generous, and signed the e-sports anchor Xiaozhi. As a result, he was poached by Principal Wang's Panda TV again after a year.

In fact, Chen Shaojie also tried to contact the anchor Tuziya of Weimeng Media and wanted to sign her. However, after Chen Shaojie finished contacting her, he realized that the anchors such as Tuziya and Weimeng Media signed long-term contracts. Even if Douyu was willing to pay the penalty for liquidated damages and signed Tuziya, the online name could not be used in the live broadcast room.

However, after the slope industry fund is established, Zheng Wentong can invest in Douyu in the name of the industrial fund. When the penguin promotes the merger of Douyu and Huya, the slope industry fund will then transfer Douyu's equity and sell it back to Penguin.

Chen Shaojie found that Zheng Wentong not only asked many questions about Douyu, but also asked many questions about Station A.

Chen Shaojie had some speculation in his mind, "Apart from Douyu, Mr. Zheng wouldn't be interested in investing in Station A, right?"

"Mr. Cai is so strong in controlling Station A. I am not the kind of person who is dependent on others. I just feel that Station A will become less and less popular after it moved from Jiang Chu to Yanjing." Zheng Wentong said.

"Who said no?" When Chen Shaojie was the CEO of Station A, he also wanted to do a good job in Station A, but he still felt that he was constrained everywhere, so he simply set up his own business to create Douyu TV.

Douyu is actually the "Broadcasting" game live broadcast channel incubated on Station A. It was independently renamed Douyu TV after New Year's Day in 2014.

Chen Shaojie is an old shareholder of Station A. Cai Dongqing, the major shareholder of Station A, completed a angel round investment of RMB 20 million in Douyu TV.

Station A's current dilemma is frequent internal strife. Every time external shareholders invest, the management will be curbed.

The founder Cai Dongqing does not understand website operation, but he is reluctant to delegate power. Therefore, Station A, the founder of the mainland two-dimensional website, has been far behind the rising star B.

In a few years, B station and Douyu TV will be launched one after another, but Station A is facing the ending of closing the site. I wonder what the founder Cai Dongqing feels?

"If you are willing to take action, you don't have to change CEOs frequently at Station A," said Chen Shaojie.

"In fact, it doesn't matter who is CEO. The key is that Mr. Cai is patient and has to give others two or three years to try. As soon as SoftBank China was introduced in January, CEO Sun Min was transferred, and Mo Ran took over as CEO. If Ali invests additionally, Mo Ran will have to resign again. The management has been in turmoil. Who can have the heart to do a good job in the company?" Zheng Wentong said bluntly.

"I will tell Mr. Zheng about this suggestion that he made a fortune in the entity after all, so he still has a slight shortcoming in website operations." Chen Shaojie said.

Of course, Zheng Wentong is qualified to say this. He can operate two Internet companies, WeChat Information Technology and Internet, at the same time, which has indirectly reflected his management level.

"Mr. Chen has completed the B round of financing and is ammunition sufficient. Here we wish Douyu's first carnival event a complete success," said Zheng Wentong.

The first Douyu carnival was held during Labor Day 2016. At that time, LOL anchors Lu Benwei, Deyunse, Strawberry, and Smile were all present. Feng Timo and Chen Yifa'er had to wait until 2017 to start making their mark. At this time, Feng Timo didn't know the little accountant yet.

But it is strange that Douyu's contracted anchors did frequently produce bad news, and after losing several generals in succession, Douyu TV was overtaken by Huya TV.

After leaving Douyu headquarters, Xu Ru asked Zheng Wentong: "You can see that you are not optimistic about Douyu's development model, so why do we still need to invest in Douyu?"

"At present, Douyu's income is still too dependent on the reward income of these top anchors."

"The inside story of live rewards has been revealed in "Let the Bullets Fly". The gentry donates first, and the people donate later. After the matter is completed, the gentry's money is returned in full, and the people's money is divided into 30%."

"The live broadcast guild first sends gifts to the live broadcast room to attract fans to watch. After they finish, fans who follow the trend will give gifts to the anchors. Isn't this kind of gifts to the anchors an IQ tax?" Zheng Wentong said.

"Don't beat all the anchors up in one go. Our Weimeng Media has also signed many anchors," said Xu Ru.

"Can this be compared? Let me say that. In my opinion, the anchors who signed the Douyu contract have everything, and they all add up, and they are not as valuable as Li Ziqi's business."

"The videos of Lanzhou beef noodles are very popular, but Lanzhou beef noodles cannot be mass-produced. We have registered Li Ziqi for food trademarks, and we are preparing to launch a special video of snail noodles."

"Before launching the video, we went to Wuling City to contact the snail noodle manufacturer to process and produce the Liziqi brand snail noodle."

"Only after Liziqi brand snail noodles are launched, I will realize that Liziqi is the number one anchor of Weimeng Media," said Zheng Wentong.

"The employees in the company are saying that almost all investment projects that Mr. Zheng is optimistic about are failing. Of course, I believe your judgment in this regard. According to you, Li Ziqi will soon become a well-known trademark?" Xu Ru said.

"Not only that, the three words Li Ziqi will not only become famous trademarks, but also become a cultural phenomenon. Each video of Li Ziqi on Youtube has at least tens of millions of views. According to my estimate, Li Ziqi will soon become our second billionaire in the slope system." Zheng Wentong said.

Of course, Zheng Wentong ruled out Zhong Lifang and others because they had already had assets of over 100 million before joining the slope system.

"Haha, this sentence cannot be spread, otherwise many people on Weimeng Media will definitely want to pursue Li Ziqi as their wife." Xu Ru said.

"Young people don't know that rich women are good, they mistakenly regard girls as treasures, young people don't know that soft food is fragrant, and they mistakenly plant youth in the rice seedlings, right?" Zheng Wentong joked.

"All it goes, Mr. Zheng, are you going to go bankrupt when your investment is going to be bankrupt? You are going to be a woman to support you?" Xu Ru asked the boss.

"If I don't open a company one day, I will count on Xiaolu to raise me. If Li Ziqi becomes the second billionaire under the company, Xiaolu must be the third one." Zheng Wentong said.

"Didn't you always say that Yang Zi is the number one sister of Prancing? Why did Xiao Lu earn more than 100 million yuan earlier than Yang Zi?" Xu Ru caught Zheng Wentong's grammatical disease.

"There is no way. Bai Xiaolu is her own family, and her wife loves her. She gives all her personal income to me for investment. Why do I have to help her increase her value by seven or eight times, right?" He was on a business trip and was in touch every day, but he still missed his girlfriend very much.

"Okay, I don't expect you to help me with financial management. If I invest in the future, if it's convenient for you, I'll give me some advice and tell me if I can invest money." Xu Ru said.

"If the industry I know is OK, if it is an industry I don't know, it's useless for you to ask me. For example, I used to want to invest in the chip industry, but I can't even tell the type of lithography machine." Zheng Wentong said.

"By the way, if Li Ziqi becomes the company's number one live-streaming anchor as you expected, aren't you afraid that she will change jobs? After all, I often see other platforms signing top anchors." Xu Ru was worried.

"If I don't even think about this issue, what kind of boss will I be? The reason why I can make the company bigger and bigger is that I am willing to make profits and never expect a person to make all the money. This will only offend everyone and push people to your opposite." Zheng Wentong talked about his investment philosophy.

Zheng Wentong learned from the lessons that Li Ziqi and Weinian Technology both suffered losses before their rebirth, and was willing to give in to Li Ziqi from the beginning.

Li Ziqi owns trademarks such as "Li Ziqi", "Ziqi" and "Qi", and Li Ziqi authorizes it to Weimeng Media and its subsidiaries for use.

Weimeng Media has partnered with Li Ziqi to establish a food company in Wuling City. Wuling Qimeng Food Co., Ltd. Weimeng Media holds 70% of the shares, Li Ziqi holds 20% of the shares, and 10% is left to a food processing factory in Wuling City. This food processing factory is mainly used to process and produce Li Ziqi brand snail noodles.

In addition to this, Weimeng Media has helped Li Ziqi register Li Ziqi’s Taobao flagship store. This Taobao store is also two shareholders of Weimeng Media and Li Ziqi. Weimeng Media holds 70% of the shares.

The cost of a pack of snail noodles is three yuan, and you can buy it together with three packs. The average customer price is 39.9 yuan, the annual sales volume is 500 million yuan, and the gross profit is 70%.

Li Ziqi’s Taobao flagship store’s annual food sales can beat many A-share food companies.

At present, Li Ziqi’s Taobao flagship store has launched its first product, Tongji bamboo weaving crafts, with orders every day, and it is estimated that it will have sales of hundreds of thousands in a month.

So Zheng Wentong said that Li Ziqi would become the second billionaire in the slope system, which is absolutely true.

The reason why Weinian Technology and Li Ziqi broke up before Zheng Wentong's rebirth was that Weinian Technology incubated the super big IP of Li Ziqi, but refused to give in to Li Ziqi. So Li Ziqi would rather stop updating the video, and eventually both companies suffered losses.

Of course, Zheng Wentong signed Li Ziqi earlier than Weinian Technology. Zheng Wentong can be said to have adjusted Li Ziqi by first hand, teaching her how to shoot videos, providing video creativity, and invited a teacher to train her.

So Li Ziqi is still very grateful to Zheng Wentong because Zheng Wentong can actually create another Li Ziqi, but he doesn't. He also does business with Li Ziqi.

Everyone knows that being able to do business with Zheng Wentong means making money. Li Ziqi's treatment is the number one person in the company, and Li Ziqi is a little nervous.

However, Rabbit Ya and Yili Xiaoshazi were also jealous because they couldn't do the job Li Ziqi, so they were able to concentrate on learning to make Lanzhou beef noodles and Tongji bamboo weaving. They couldn't endure this hardship.

In order to learn bamboo weaving skills, Li Ziqi pricked the bamboo thorns on her hands and was covered with blood. However, after she bandaged it with a Band-Aid patch, she devoted herself to learning techniques. How could this kind of fighting spirit and ruthlessness be comparable to the anchors of Rabbit Teeth?
Chapter completed!