"I didn't quite understand it at first. After all, I'm a complete novice in capital operations. It's just a blind cat that meets a dead rat."

“But after experiencing so many rounds of financing, I have learned a bit about it.”

“I have mentioned before that for capital, there are many ways to make profits, and dividends... dividends can be said to be the most powerless option;

In most cases, profits are made through the primary market, and of course many are made through the secondary market.”

Lu Weiyu didn’t know much about the capital market and was a little confused.

"What is the difference between the primary market and the secondary market?"

Fang Nian rolled his eyes and made a gesture: "My, my, this thing is easy to understand. The secondary market is the various stock exchanges around the world, that is, the trading market."

"Then I understand." Lu Weiyu quickly reacted, "Is the primary market called the issuance market? It refers to the various rounds of financing in the company's development process."

Fang Nian smiled and nodded: "Yes."

"In the same period of time, the value growth of most companies will be faster in the primary market, especially domestic..."

At this point, Fang Nian paused briefly: "So now you can understand how capital makes profits, right?"

Lu Weiyu said with a clear face: "I basically understand."

"At first I thought it would take a lot of time to generate revenue or even go public, but I didn't expect..."

"Actually, it's just a game of beating the drum and passing flowers around." Fang Nian said casually, "The purpose of going public is to exit with a better profit."

Lu Weiyu thought for a while and elaborated: "Specifically speaking of impact funds, have they completed the initial issuance trend, that is, the trend?"

Speaking of this, Lu Weiyu looked at Fang Nian.

Fang Nian looked encouraging and signaled Lu Weiyu to continue.

Lu Weiyu did not shirk, and said while thinking: "According to the definition of primary and secondary markets, let me make an assumption first;

Assume that a company has a registered capital of 50,000 yuan. If it does not issue shares, no matter how much revenue it makes, it is only worth 50,000 yuan at the market level;

Now suppose that on the second day after the company is registered, someone invests money in the company, for example 50 million, and the company becomes 50 million at the market level;

It only takes one day for the same 1% share to change from 500 to 500,000 yuan;

No exchange of any kind can achieve such a high profit multiple, and what can support such a high valuation is the business model and future development, right?"

After a pause, Lu Weiyu added: "From March to now, impact funds have promoted the mobile game industry to form a good distribution trend through massive capital investment;

Coupled with the strategic integration of Dangkang Mobile Games and Qingliao, Zhengzheng has launched a new model and more reliable profit possibilities, so...

Will someone take the initiative to join this game of beating drums and passing flowers around?"

After hearing what Lu Weiyu said, Fang Nian nodded happily: "That's essentially it, so now Shen Nier and the others want to use this opportunity to tell a good and valuable story to people who want to play this game."

"This is what I said before, capital does not necessarily look for companies that can make money, but prefers companies that are valuable."

Lu Weiyu's face was clear, and then her heart moved, and she suddenly said: "I understand why you specifically proposed a gambling agreement last year!"

Hearing this, Fang Nian smiled: "It has little to do with this. In fact, Dangkang is a relatively complicated system;

For example, it does need to obtain better credit and more resources through the secondary market;

At least make this cash cow more secure."

"..."

After listening to Fang Nian's words, Lu Wei said: "Although I don't completely understand, I basically understand what you mean."

"Um."

"..."

…………

In the evening, the plane landed at Hongqiao Airport.

After leaving the terminal, Fang Nian and Lu Weiyu got into different cars and separated.

Fang Nian went to a banquet.

Lu Weiyu returned to Junting and passed by Mingzhu Primary School.

Because Fang Nian and Lu Weiyu went to Yangcheng, Lin Feng and Fang Xin did not go to Junting...

A private club in Changning District was brightly lit, but not crowded.

It's quieter inside.

It was not yet 7 o'clock when Fang Nian arrived in his Tremella Audi.

Neil Shen personally greeted him at the door.

"Good evening, Mr. Shen. I happened to go to Yangcheng and wasted some time." Fang Nian said with a smile.

Hearing this, Neil Shen made a greeting gesture: "I'm sorry for disturbing Mr. Fang's vacation."

"..."

After a brief exchange of greetings, we walked to the private room inside.

There were already several familiar faces sitting at the big round table, including Lei Jun, Zhou Quan, Li Chaohui and others.

When they saw Fang Nian, everyone stood up and said hello with a smile.

The words were quite apologetic.

After all, today is May Day.

After all, Mr. Fang's laziness is already well known.

"You're so polite, I don't even dare to sit down anymore," Fang Nian joked with a smile.

"..."

Within two minutes after Fang Nian sat down, the waiters served a variety of meals.

Neil Shen poured the wine.

Now that the elderly people are at the dinner table, the two of them are naturally not in a hurry.

While eating and drinking, everyone farted rainbow farts.

"More than a month has passed in the blink of an eye, and President Fang's decision to make the mobile game industry a hot topic is still fresh in my mind. When I regain my senses, it has become a reality."

“New companies in the mobile game industry are springing up like mushrooms after a rain, and it’s booming!”

"..."

"There is a saying, I have always admired the general vision of the other party. A little more than a month ago, he was half dead after just chatting, but now he has the appearance of being an industry leader."

"..."

"In the afternoon, I also heard our President Ma talk about President Fang. Speaking of chatting, our WeChat department is probably going to be abolished."

"..."

Fang Nian didn't even believe Li Chaohui's last words.

Will the WeChat department be abolished?

Abolition and updated version today?

Coax ghosts!

However, Fang Nian has long been accustomed to this kind of nonsense, and he said with a smile: "If you want to chat lightly, you have to talk to Mr. Lei, he has the most say."

"The achievements we have achieved today through light chatting are all due to Mr. Lei and have little to do with me."

Fang Nian doesn't know anything else, but his ability to blame others is called proficiency.

Lei Jun laughed: "Compared to QQ, light chatting is nothing."

Seeing this, Neil Shen smiled softly and said calmly: "This is an authentic wild shad, try it..."

"..."

Don't change the topic easily at the wine table.

It took two hours to eat this meal.

Basically rainbow farts.

The things to talk about are basically all in rainbow farts and wine.

Fang Nian didn't offer any new constructive suggestions, and almost fully agreed with Shen Nier and others' ideas.

Parkour Master launched by Dangkang Mobile Games and the integration of Qingxiao and Dangkang Mobile Games, coupled with the foundation of the mobile game market itself...

The trend has been completely formed.

so……

Fang Nian just came here to have dinner.

-

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Chapter completed!