Rebirth of the big era of online games

Chapter 263 Financing and Listing Depends on the Situation
Earlier in the previous life, the routine of many real estate companies was empty hands and white wolves.

Find the government to buy land, don’t need to pay for it yourself, directly mortgage the land to the bank for a loan, use the loaned money to buy the land from the government, sell the house to pay back the money after the house is built, if the capital chain breaks, it will be unfinished, and then run away... …

Of course, the nature of the land purchased by Boiling Company is different. If you build an industrial park for your own use, you will eventually have to earn money from other sources, and then pay back the money and pay a lot of interest.

But this method does not lose money, because the bank interest rate is lower than the inflation rate. If the industrial park is sold, it will actually make a profit, at least with capital preservation.

Especially if you look for a bank loan, you can keep enough working capital in your hands to further develop the business and earn more money.

It is always said that only by spending money can you make money, and furthermore, only by spending money from the bank can you make more money...

In fact, there is another way to raise funds and go public.

The 51ka and boiling games in Fang Jie's hands now have been approached by many venture capital companies, willing to pour a lot of money into them.

These venture capital companies are still very unusual, many of which are internationally renowned large venture capital companies.

For example, IDG Capital, which was unwilling to invest in Tencent before, now actively seeks to invest in Tencent, but now Tencent is not short of money, and the founder team still remembers that IDG did not send charcoal in the timely manner, so it directly refused.

Then IDG was not reconciled, and proposed a new plan: 51wan can be split up for financing and listing. They are willing to spend a lot of money in and operate it to list on Nasdaq.

This time Tencent was a little moved, but Fang Jie, the second shareholder, activated a veto to oppose the split of 51wan!

That being the case... let's leave this matter alone. Anyway, Tencent's top management doesn't want to split 51wan too much, so let's give the second shareholder a face.

Not to mention Tencent, IDG is also eyeing Boiling Games, and Sequoia Capital, Softbank, DCM and other international venture capital companies have also sent commissioners to inquire, but Fang Jie rejected them all.

As for the well-known Shenzhen Venture Capital, Hillhouse Capital, Legend Capital, and Lenovo Venture Capital, they have not yet been established, so let’s not mention it. At present, most of the venture capital companies from Citigroup have been recruited.

This group of venture capital companies also proposed various plans. For example, if Boiling Games is unwilling to raise funds, it can also split the Internet cafe business department for financing. If the Internet cafe business department is unwilling, the 360 ​​navigation website can also invest a little Well.

But all of these were rejected by Fang Jie.

There are many reasons for rejection.

The reason given on the surface is that the valuation quotations given by these VCs are too low. For example, 360 Navigation, Softbank said that it can invest 100 million US dollars, accounting for 20% of the shares... This is simply nonsense.

360 Navigation Network, although it may seem inconspicuous, has already controlled the largest traffic port in China. It is a potential super channel provider in itself, which is much stronger than Tencent, but it has no commercial value for the time being.

However, the fact that the commercial value has not been brought into play does not mean that it has no value. Venture capital companies are not fools and know its value.

In addition to the reason that venture capitalists offer low prices, Fang Jie also said that we are not short of money now.

Although there are many places to spend money now, there are also many places where he can make money. If he takes a smaller step, he will not be short of money at all.

Not to mention anything else, let's just talk about the game "Wulin", which can bring in nearly 2000 million turnovers every month.

Online games are cash cows. Other companies have to borrow money and loans to find financing in order to grow stronger, but Boiling Games not only has no debts, but also has a lot of cash in their hands.

Not to mention venture capital companies, even the major banks in China are now asking for a loan from Boiling Game. Even if Fang Jie is really short of money, he should go to a domestic bank first. Why do you want to find your venture capital?
The deeper reason is that domestic VCs, such as Shenzhen Venture Capital and other well-known VC companies, have not yet been established, let alone famous ones. The VCs that have jumped out so far are all international VCs!
And international venture capital... the water is too deep, there are too many complicated factors and behind-the-scenes forces, Fang Jie doesn't want to be a sinner of history.

Even if you don’t consider these inside facts, people invest in your company for the purpose of IPO listing, and then collect money to leave. If it is another company owner, they may not mind, or even wish for it, and actively cooperate with storytelling. This is called rich people circle together.

But as a reborn, the idea is completely different.

I have countless ways to make money, why should I bring them a bunch of foreigners to make a fortune?

Not only will we not take them to drink soup, as long as we have the opportunity, we have to find a way to cheat them a little more money and make some social contributions to our country. This kind of rebirth life is more meaningful!

Of course, if the company does not seek listing, it will be a big blow to the enthusiasm of the company's employees, especially the management.

Everyone has worked so hard to do things for you. What we expect is that one day the company will become bigger and stronger and become a listed company, and then we can transform ourselves into millionaires, tens of millions, and billionaires overnight. Picture what?

This society is no longer a society where talents can be retained by talking about ideals and beliefs. If there are not enough profit goals, how can there be motivation for work?
Of course, Fang Jie can understand this, and he does not completely refuse to go public, but it depends on the situation and the situation.

The so-called division of situation is to classify the industry, such as Boiling logistics, Boiling Internet cafes, Boiling real estate, and Boiling takeaway, Boiling video, Boiling novels, Boiling entertainment, Boiling XXX... including sideline businesses such as 360 navigation, He doesn't mind raising money to go public.

As for the core industries such as boiling games, boiling digital, and boiling Internet, he decided to refer to Huawei in his previous life and resolutely not go public. When the time is right, he will directly hold shares of employees and retain talents with high income, high benefits, and high growth.

As a core industry, he absolutely does not allow other capital to get involved, let alone foreign capital, so don't even think about it!
Anyway, he is not short of money, even if he is really short of money, then spend less money, and he will have money again in a few days, it's nothing.

The so-called looking at the situation is to look at the prices offered by other venture capital companies for these side businesses that can be split off and go public. If there are too few, or even bullying, then sorry, I won’t sell them!
Anyway, he knows very well that the longer the time drags on, the bigger and more valuable these industries will become. He is not in a hurry at all, and sits firmly on the Diaoyutai. If a local tyrant like MIH appears, he is willing to raise the valuation to several Tens of millions of dollars, then we can have a good talk.

Hmm... So far, there has not been such a big fool. Not everyone is as lucky as Tencent.

Since financing is not considered for the time being, the planned land for Boiling Industrial Park can only be purchased with a bank loan.

This matter may be very troublesome for others, and they have to beg grandpa to sue grandma everywhere, but for Fang Jie and his boiling game, it is not a problem at all.

All of Fang Jie's personal and corporate accounts are almost unhealthy. Every month, tens of millions of dollars are constantly rolling in and out of the bank account. It is no problem to borrow some money.

(End of this chapter)