Chapter 1502

Originally, the signing ceremony attracted the attention of the global media and the Internet industry. When Li Mu announced the open platform strategy of Makino technology in his speech, the world's attention to Makino technology once again rose to an unprecedented level.

After the signing ceremony, Muye science and technology officially released "Muye science and technology open platform - earth plan" and "Muye science and Technology Co creation support - seedling raising plan".

The definition of Grassland Science and technology for land plan is: to build the entire ecosystem of Grassland Science and technology into a soil that can be shared by the whole industry, such as the land, to accommodate and cultivate various trees and crops.

The definition of Muye science and technology for seedling breeding program is: to cultivate innovative enterprises in the Internet industry wholeheartedly, not only to provide perfect soil, fertilizer and rainwater for the industry's rookies, but also to protect the development of the rookies.

Among them, Dadi plans to immediately open the small game access of YY game platform in the first stage. All game companies with formal registration and one or more original or exclusive copyrights can apply to be the CP of the game platform, that is, the content supplier. After successful application, they can upload the game according to the requirements of YY game platform, and the audit team of YY game platform will According to the scores, the recommended resources obtained by the game are different after the game is launched;

YY has also opened the "self media" access of YY network simultaneously. Any adult individual, regular enterprise and studio can apply for the self media account on YY network, and then create all kinds of information content complying with laws and regulations freely, which will be recorded Enter the information content library of YY network, and promote to different users according to the independent algorithm of YY network. The self media account owner can get a share according to the content browsing volume and the advertising click volume of the content page;

in addition to the game platform and YY network, the decoration materials of YY space are also fully open to the third-party designers, and individuals, regular enterprises and studios can apply for registration, And upload the original decorative materials that meet the requirements of the platform. These materials will be sold on the shelves of YY space mall, and the sales income will be divided with the creator.

In the first stage, three platforms have been opened, which makes the outside world immediately see the sincerity of Muye technology, especially the YY game platform. At present, the daily recharge flow in the world has exceeded 70 million, and it is still growing rapidly, among which the overseas market accounts for about 80%. This year, the revenue base of more than 20 billion will definitely attract the game development teams all over the world Crazy access, at that time, the number of games on YY platform will surge. As long as YY does a good job of checking and only selects excellent games to promote to users, the attraction of this platform to users will rise to a new level in the future.

For a time, the whole world was amazed by the courage of Makino technology.

Li Mu paid more attention to the seedling plan. He decided to spend at least 5 billion yuan every year on project investment in the Internet industry. From angel to financing in every stage in the later stage, Muye technology is willing to participate, as long as the project is good enough!

Take the team from Chinanet for example, a high-level team that has created a new industry model, plus a platform that is the No.1 in the industry, has sold 2 million US dollars in a package. 5 billion RMB doesn't know how many such teams can be invested and purchased. 5 billion RMB is invested every year. It seems that this expenditure seems to be very large, but in fact, this expenditure is not It's often cost-effective. In less than two or three years, most of the Internet companies in China are either directly held or controlled by Muye technology, or indirectly held by the fund controlled by Muye technology.

Moreover, if Li Mu is willing to share out the dividend of his investment, he can fully use these billions of RMB to cooperate with banks and other funds. With a little leverage, he can activate at least 20 billion yuan.

The way for individuals and enterprises to apply for the investment of seedling plan is also very simple. The seedling plan has opened its own exclusive page on YY network: yumiao.yy.com , after entering the page, you can directly apply for project investment. Makino technology classifies the application according to several key data, the main data is the applicant's own project valuation and financing amount.

Within Muye technology, the project is divided into five levels: a \ B \ C \ D \ e. the lowest level is that the applied investment amount is less than 500000 yuan, or the total valuation of the project is less than 5 million yuan; level D is that the applied investment amount is between 500000-3 million yuan, or the total valuation of the project is between 5-30 million yuan; Level C is that the investment amount is between 3-10 million yuan, or the total valuation of the project is between 30-100 million yuan; level B is that the investment amount is between 1000 million yuan In case of a conflict between the investment amount and the estimated amount, the investment amount shall prevail.

According to such five file settings, the projects applied for investment can be screened and classified according to five different meshes. Each file corresponds to at least one investment team, and then an investment committee is set for the whole seedling breeding plan. No matter which file team's project is evaluated by its own team, it will be reviewed by the investment committee Li Mu and all the core executives of Muye technology are members of the Committee. In most cases, they have not participated in the audit meeting, but if there is a major project, each of them may participate in it.As soon as this seedling raising plan comes out, domestic Internet entrepreneurs seem to see the spring at once.

In this era, China has just joined the world trade organization, and its domestic capital playing method has just begun to connect with the international market, but it is like the convergence and integration of two ocean currents, which needs time to push forward step by step. Therefore, there is still a big gap between the capital operation mode of domestic enterprises and the international capital field at this stage, the most obvious one of which is that the domestic capital operation mode is still far behind the international capital field There is no large-scale venture capital institution.

Without enough venture capital institutions, it is impossible to form a mature investment market. Take Silicon Valley and Zhongguancun for example. If someone in Silicon Valley wants to start a business, no matter whether he can succeed in financing in the end, he only needs to take out a copy of BP, at least he can see dozens of investment institutions and dozens of investors, and then he can tell each other his project plan little by little, and strive to say Serve each other, but in China, if an entrepreneur wants to finance, he can think of investment institutions, count them with one hand, and there are almost no investors he can think of.

At present, the domestic regular venture capital institutions are basically new funds of overseas capital in China, for example, Sequoia is one of them, and there is no angel investor in China except Li Mu.

A qualified investor in the Internet industry needs to have the following conditions: first, to have money; second, to understand the Internet; third, to know not to interfere in operation; and fourth, to be able to lose.

At present, there are many rich people in China, but most of them are fighting in the real economy. Some of them only meet the first condition. If Internet enterprises take the money of such people, they are likely to be randomly interfered by the other party's operation, and because the other party does not understand the Internet, they are likely to be unable to wait for long-term return, or even the other party will be angry at entrepreneurs because they cannot afford to lose.

Li Mu had a colleague run to start a business in his last life, but he got an investment from a rich second generation. After the other side gave him money, he thought he was the boss. He interfered in the operation of the enterprise at random, even made a strong decision on the company's strategy. In the end, the project failed. After the rich second generation lost $12 million, he became angry and said he wanted to kill his colleague. In the end, his colleague could only Night fled Yanjing, south down the Shenzhen market to start anew.

In this economic environment, it's really hard for Internet people to raise money. That's why several Internet giants in the early days of China took overseas capital when they really raised money.

But how can overseas capital be so easy to take? Most entrepreneurs may not get visas to the United States. Even if they get them, they may not be able to afford tickets to the United States. It is not difficult for them to invest in the United States?

Now, there is a real investment institution that fully meets these four conditions, and it is not from overseas, but from home, and has at least 5 billion investment every year. This is really important. Even if the four conditions are met, there is only one billion yuan in total, and the one billion yuan will be lost. And in order to make sure To ensure the yield, they often invest in multiple projects and share the risks. In this way, the project they can participate in the most is about 10 million yuan, which is totally incomparable with Muye technology.

When the seedling plan was launched, Li Mu was ready to take the start Chinese website as the first enterprise to invest in the seedling plan. He asked Li Ziwei, "did the founder of the start Chinese website leave contact information with you at the last signing ceremony?"

"Yes." "We left each other's phone number, email address and YY," said Li

Li Mu nodded and asked, "did he send you BP?"

Li Ziwei replied: "I told him about BP. His previous BP did something in a hurry. We need to prepare for it."

Li Mu smiled and said: "you can contact him and ask him not to do any BP. Muye technology is willing to invest 30 million yuan in round a, accounting for 51% of their shares. Of the 30 million yuan, the founding team is allowed to cash out 10 million yuan, but the condition is that all team members participating in cash out must sign a three-year binding agreement with Muye technology and three years Competition agreement of

Three year binding and three-year competition means that first of all, this person must do enough for three years in the project invested by Muye science and technology before he can leave. If he leaves after three years, he must also accept the three-year competition agreement restrictions, and shall not engage in the same industry as the starting point.

This condition may seem harsh, but it is the biggest protection for investors to the project, because in Li Mu's eyes, all people-oriented, a product or platform, if the founding team goes, the soul will be gone.

Moreover, in order to make up for his harsh "lock up" agreement, Li Mu gave generous capital conditions.

According to the historical track, the starting Chinese website only bought 2 million US dollars when it was packaged and sold next year, which is about 17 million RMB. If the lowest transaction price they can accept now is estimated to be around 8 to 10 million RMB.

Now, Li Mu directly invested 30 million yuan, accounting for 49% of the shares. As a result, his actual valuation for the starting point of Chinanet reached 58.82 million yuan. Most importantly, he allowed the founding team to cash out 10 million yuan, which almost directly bought the whole starting point.Li Mu is not a fool to make 10 million yuan of business into 58.82 million yuan, nor does he not treat money as money, but he not only needs such a network novel project to be integrated into YY network architecture, but also needs a project to make the first shot of seedling cultivation plan. What's more, he can give the team a rich return on capital and leave them 49% shares, which can keep the team for a long time.