The Millennium Semiconductor Survival Guide.

Chapter 27 Two-Wheel Drive Starts to Work

Normal startups do not encounter similar problems so quickly.

The main reason is that the development speed of Riot Games is too fast, and the sooner these things are clarified, the better.

For Zhou Xin, he has already formulated a complete development strategy for the next three years, and the sooner he sorts out the company's structure, the more important it is.

After completing the equity split with the original founder team, Zhou Xin realized a very serious problem, that is, he had no money in hand.

The cash flow of more than 1000 million US dollars is indeed a lot for personal life or entrepreneurial enterprises.

With 1000 million US dollars, it is enough to live a life of upper middle class in American just by eating interest.

It is not bad for a general start-up to have $100 million in the angel round.

But compared with Zhou Xin's strategy, this tens of millions is really nothing.

At present, the average salary of major Silicon Valley companies is about 5000 US dollars a month.

Now almost as long as it is an Internet company, it can go public on Nasdaq, which will drive up the salary level of Internet-related industries.

It wasn't until the dot-com bubble burst in the early millennium that things got better.

To start a business, at least one year's wages for employees must be prepared, as cash flow cannot be moved.

In an interview, Lei Jun said that what he prepared for Rice was the cash flow of all employees' salaries for three years as a reserve.

Zhou Xin plans to start with a structure of 100 people in three companies, which means that it will cost about 600 million.

Plus a series of money such as renting servers and purchasing network bandwidth.

1000 million is far from enough.

With the increasing popularity of the electronic community, the server scale has been expanding, and the electronic community sector is also expanding rapidly. The moderators, administrators and auditors alone are a lot of money.

Regarding the payment software, there is another very important point, that is, with his resources, he cannot find enough bank cooperation with background.

It is feasible to sell video games online through SMS verification codes. This kind of small business cooperation with the Los Angeles branch of Hua Guo Bank is feasible.

But when it comes to entering the field of electronic payment, let alone the Los Angeles branch, even Huaguo Bank will not work.

Overseas Bank's influence in American was too weak.

Moreover, after American gradually realizes the importance of electronic payment in the future, Hua Guo Bank will obviously not be able to help him resist the pressure behind him.

This incident can be compared to Alipay and Tianhong Fund’s cooperation in the launch of Yu’e Bao.

Before the launch of Yu'e Bao, Tianhong Fund was an unknown public fund company ranked around 50.

After cooperating with Alipay, it has become the largest public offering fund company and the only public offering fund company with hundreds of billions of products.

Later, it was acquired and controlled by Ant Financial Services.

Zhou Xin estimates that at a certain stage, American will definitely not allow electronic payment to be in his hands.

But then you have to find a sufficiently influential backer for yourself, and when that day comes, you can sell it for a good price.

Is it not too much to replace the payment software with the largest market share with AMD?

"Rising star
As the American tech industry enters what some are calling middle age, it's unlikely anyone will ever make as much money as Bill Gates once did.Since there are so many bright minds and investors working hard for the chance to get the gold ring.

We have previously taken stock of people who may become the next round of technology billionaires, some of whom have already succeeded, such as Jerry Yang.

Yahoo only went public last year, and its market value has already broken through the $40 billion mark.With the launch of Yahoo Mail, Yahoo!To be the most valuable and recognized Internet brand in the world.

Today we will not talk about Jerry Yang, but about another Chinese-Newman Zhou.

Newman Zhou’s entrepreneurial story is even more legendary than Jerry Yang’s. One year ago, he was just an ordinary college student in Huaguo. One year later, he already owned a company in Silicon Valley with a valuation of more than 100 million US dollars. The game has more than [-] million paying users worldwide."

Since the success of "Angry Birds", there have been some media attention to Riot, mainly from video game media.

Their focus is also on the game itself.

Later, the eyes of the entire game industry turned to the payment system behind the unique distribution method of "Angry Birds".

During this period, Internet media and some paper media successively focused on the fist game company level.

After the news of Zhou Xin having dinner with Bill Gates was reported by the local media in Los Angeles, Zhou Xin began to appear on the media pages one after another.

At this time, it was approaching the end of 1998. Before that, some game developers successively approached Riot Games, expressing their hope to sell their games through the channel of Riot Games.

That is, through bank card transfer and SMS verification code download.

These games are dominated by games released in the past few years.

Even if a large number of pirated download links flood the Internet after this method of release, developers are not afraid, after all, these games have passed their golden age of release.

The commission of Riot Games is 20%, which is very conscientious compared to the commission fee of 50%.

Of course, there are also game developers who choose to buy their entire set of online publishing solutions.

For example, Relic Software, the "Homeland" developed by them this year was well received at the E3 exhibition.

These game developers who would rather choose to be drawn 20% and distribute through the fist game channel, they value the electronic community built by fist game.

There are more than 30 active users in the electronic community, which is the fundamental reason for their willingness.

And the old games released by Riot Games have been reborn.

Players who didn’t buy it due to various reasons at that time saw the game’s page in the Riot Electronics community, and many players discussed it every day, but because after that point in time, it was very difficult to find an offline store that had the game on sale. thing.

At this time, the "news spokesperson" of the forum released a pure online purchase link.

Instantly attracted players who had missed it.

For users who do not have an account, the electronic community can also be browsed, but they do not have the authority to post and reply.

After the rejuvenation of several old games, a large number of game developers found Riot Games and hoped to cooperate with them.

The power of the two-wheel drive of the electronic community and game distribution is gradually manifested.

American's top three media, the "New York Times" finally couldn't bear to report on Zhou Xin.

At least in the Internet world, Zhou Xin is no longer an unknown little figure.

But a rising star.

For Riot Games, there are a lot of cooperation coming to the door.

For Zhou Xin, a large number of investors approached him, hoping to invest in Riot Games.

(End of this chapter)