Chapter 352 Don't make money as a game platform, just make friends(1/2)
In the small banquet hall 416 meters above the ground, the fragrance is pleasant and the aroma of tea overflows.
There are clouds floating by outside the window, as if they can be picked by one's finger.
Guan Qiuhe's legs are crossed in an elegant posture.
Fang Nian held the teacup in both hands and refused to drink.
Liu Qin moved slightly, leaned forward a little, and smiled: "Actually, I have been paying attention to 'Greed for Fun' since October last year."
"I'm very curious about what kind of person the person at the helm is, especially when I look back now."
Guan Qiuhe answered with a smile: "I wonder what Mr. Liu is so curious about."
"I'm curious about the big change in your company's operating strategy since the end of last year." Liu Qin said calmly, "I heard from Mr. Lei that your company has almost completely re-established its development direction. Mr. Guan is really courageous."
Guan Qiuhe pursed her lips and smiled: "I don't dare to take credit for this. It was Mr. Fang who made the decision immediately."
"Oh? Really!" Liu Qin raised her eyebrows, "I'm sorry, I wonder if you two can answer a few questions for me."
Hearing this, Fang Nian smiled and nodded: "Tell me everything you know."
Seeing this, Liu Qin pondered for a moment and said bluntly: "I'm sorry, this may be a little offensive."
“Last year, your company made a lot of noise in the gaming industry, attracting the attention of countless people.
Just relying on a web game to make hundreds of millions of sales in a single month is simply a precedent for domestic games;
However, in the opinion of me and some friends, your company was not worth investing at all at that time, and its foundation was loose and unreliable.
What happened next illustrates this point."
After a pause, Liu Qin said in a serious tone: "Looking back today, I find that the change in your company's operating strategy actually started when the crisis occurred."
"Including the series of measures taken by Mr. Guan later in South Korea that seemed like counterattacks, they were actually a change."
"So, I'm very curious as to why your company made such a big determination to almost completely smash the original 'love for fun'."
Guan Qiuhe smiled slightly: "As Mr. Liu said, Mr. Fang has a far-sighted vision. There is no doubt that he is completely above me. Therefore, I am just executing the direction set by Mr. Fang."
"Mr. Fang is amazing." Liu Qin sincerely praised, "Why did we make such a major change? There is a huge difference between the two."
Fang Nian sighed and replied calmly: "Because I have no money."
"'Gan Fun' was established just to make quick money. After that, the market developed too fast, and the crisis was completely expected."
"Mr. Liu may not believe it, but after hearing that the company was in crisis, I wasn't too angry. Instead, I breathed a sigh of relief."
Liu Qin raised her eyebrows: "I see."
"No wonder Mr. Fang re-formulated the development direction of your company until he quietly launched the fun game platform."
Fang Nian smiled: "There is no choice. Mr. Guan and I both hope to be as harmonious and profitable as possible;
In the end, we had no choice but to decide to follow foreign successful cases and create a Chinese version of the game platform.”
Liu Qin pushed up her glasses and said with a smile: "I was surprised before that the fun game platform has achieved such gratifying results in just three days since it was launched.
Now it seems that everything is as expected by Mr. Fang."
Fang Nian took a sip of tea and put down the cup: "No, I don't actually make money by building a game platform. I just want to make friends with everyone."
"..."
Then Liu Qin talked about the news from the Internet.
"There are statistics from third-party organizations on the Internet: the number of game platform client downloads has exceeded 15 million. How different is this data from your company's internal data?"
Guan Qiuhe took over the conversation and replied.
"Our company only counts data through official website channels, which is far from the 15 million figure. As of 9 o'clock this morning, there were only 10.24 million times."
"Oh? It's close?" Liu Qin pushed up her glasses, "I see the data shows that since yesterday, the data has been growing explosively."
"This is indeed the case. It may be related to the public welfare plan released by the company." Guan Qiuhe did not deny it.
"Nearly 8 million downloads were added since 9 a.m. yesterday."
Liu Qin sighed: "That's it.
Since yesterday morning, discussions about your company’s charity plan can be seen on various Weibo platforms, post bars, and forums;
Almost without exception they are all compliments, I didn’t expect it to have such a big impact.”
Guan Qiuhe smiled: "Maybe this is what Mr. Fang said, don't make money, just make friends with everyone."
"..."
Liu Qin asked about the specific number of registered users: "According to the data previously announced by your company, the number of registered users exceeded one million at that time.
According to the proportional conversion, the current number of registered users should be close to 4 million, right?"
"Less than three million. According to analysis, most of the users in the early stage were legendary web game players." Guan Qiuhe replied calmly.
There is no intention of adulteration.
"How many paying users are there?"
"About 320,000."
“The payment ratio is amazing.”
"..."
Downloading does not mean installation, installation does not mean registration, and registration does not mean payment.
This is simple logic.
Liu Qin will definitely know the most specific paying user data to evaluate the success of Tanfun Game Platform.
These data were only learned in Fang Nian at noon.
It is precisely based on this data that the valuation will be raised again in the next year.
Because this is just the beginning, there are still some more interesting things that can be used as gimmicks.
…………
In the process of getting to know each other, time flies by.
An hour and a half passed in a flash.
Guan Qiuhe and Fang Nian both thought that the initial contact with Liu Qin basically ended here.
Substantive negotiations will still take some time.
For example, based on the data provided by Guan Qiuhe, Liu Qin will conduct in-depth due diligence again.
For example, Liu Qin will wait and see for a while, hoping to see more clearly the development context of "Greed for Fun".
Unexpectedly, Liu Qin was silent for a moment and suddenly said: "I heard from Mr. Lei that your company intends to conduct Series A financing?"
“I don’t know if Morningside Capital is within your company’s scope of interest.”
Although both parties are actually aware of this matter, Liu Qin must say this.
Fang Nian didn't answer, his eyes were lowered, as if he was looking at the teacup in a daze.
Only then did Guan Qiuhe realize that business negotiations were her strength.
"We do have this plan. The company hopes to obtain more development opportunities through financing. The game platform has just been launched and all matters have not yet been launched. It is the time when a large amount of funds is needed.
To be honest with Mr. Liu, our company is actually relatively new to the capital field.
Naturally, I really hope to... um, make friends with Mr. Liu."
Liu Qin pursed her lips: "I wonder if I can briefly explain the development plan that Mr. Guan mentioned."
"..."
"..."
Guan Qiuhe talked with Liu Qin about some of the business plans that could be disclosed.
Now it's Fang Nian's turn to make soy sauce.
He found that compared to other times, Guan Qiuhe was more talkative, or rather eloquent and confident.
It has a unique aura and charm.
And it is obvious that the activeness of thinking is far higher than usual.
This may be called talent.
This was the first time for Fang Nian to watch Guan Qiuhe conduct business negotiations with others, and he gave Guan Qiuhe at least 99 likes in his heart.
One more person is afraid that she will be too proud...
Finally, Liu Qin said with a smile.
"According to Mr. Guan's plan, Morningside Capital is very willing to invest in your company."
“I don’t know what Mr. Guan’s expectations are for the Series A financing.”
Guan Qiuhe answered with a smile: "At most 10% of the shares will be transferred, that is, 100 million shares, with an issue price of RMB 2.5 per share."
To be continued...