Chapter 89 The First Acquisition
Mr. Cao found a small company seeking financing on the Jianshen platform and built a game development engine, UUA, specifically for the Peach mobile operating system.
Cao Shen went to the company's official website and downloaded the development engine to experience it.
Oops, not bad.
The development tools are relatively complete, and it is easy to get started with development. Basically, it can meet the WYSIWYG effect.
So Cao Shen immediately contacted the entrepreneurial team by phone.
"Hello, I am Cao Shen. I..."
"Hahaha, you are Cao Shen and I am the sweeping monk!"
Cao Shen: "..."
"We are just a small team. We have no money, so you can cheat us by another company!"
Beep——
UUA heard that it was Cao Shen on the phone! Unbelievable.
Cao Shen, the founder of Youxin, who now has 500 million users, called them? !
Jubi is a liar!
Cao Shen: "..."
So, as the company grows, it’s no longer enough to do it yourself?
Well, if Dad Ma from the original world suddenly calls, it seems to be more unconvincing.
Mr. Cao felt a little emotional, oh, he was going to be a father unknowingly at such a young age. It was really...
Can you guys call me daddy in person?
"Senior sister, please help me call the UUA guy to the company!" Cao Shen could only ask for help from his senior sister.
Zhang Beixin put down the phone and said to the investment manager Ye Chuan below:
"Ask the person from UUA to come over and talk about financing."
It seems that Senior Sister Beixin is more adaptable to development and already knows what kind of work is more suitable for which person to do.
An hour later, the entire UUA team came over...
There are nine people in total, and they started their business in a private house in Huifengguan. If they hadn't thought about meeting someone and having to tidy up, they would have been there in half an hour!
The main reason why I am so anxious is because I really have no money...
Nine people worked together for seven months without receiving any salary!
Consumption in Beiqi is not low, so it is a bit unsustainable.
Nine technology nerds have made something and have not thought about how to promote it. They have posted it in the open source community, but because there are no cases, not many people have downloaded it.
This is not like Mr. Cao's original open source instant messaging module. It is a small thing, not a core application. The trial threshold is low and it is ready to use. You can quickly draw a conclusion whether it is good or not.
The threshold for using a game engine is much higher. Once it fails, the entire game will be ruined.
Moreover, the trial testing time is relatively long, and it is not possible to provide feedback on the quality and badness in the forum in time. Latecomers cannot reduce decision-making time based on previous comments.
Therefore, this game engine is very deserted in the open source community.
Moreover, open source is free and cannot be used as a source of income. The team still cannot make money. As for how to make money, they have no idea.
There are currently two mainstream game engine companies on the market, Unity and Unreal, which charge a fee, but they have been around for ten years and can only make money if they have their own game ecosystem.
A small and new game engine has no case verification, and there is almost no chance of charging.
Therefore, the team was happy to make the thing, but when asked about the money, they were dumbfounded.
Ever since, I thought of a conventional way to start a business and make money, financing!
However, financing was extremely difficult. Investors didn’t even understand how to make money from this thing.
Therefore, not to mention the progress of financing, the number of investors who came to see the project and chat is less than the number of beautiful classmates in the School of Science and Engineering.
When the future was bleak and the company was on the verge of disbandment, Shenzhen Capital suddenly called and they came over quickly!
I was afraid that I couldn’t explain what the other party asked me alone, especially since I heard that all the beautiful women in Jianshen Capital were worried. I was afraid that I wouldn’t be able to explain clearly if I got nervous, so after discussing it, we all came over.
No, you can’t say that. If you ask a technical question, I can answer it.
I'm afraid that the question I'm asking is not a technical question, so I won't talk about it.
And based on the few experiences of communicating with investors in the past, they rarely ask technical questions, but only ask about the industry, trends, and business models, which have nothing to do with technology.
These questions require brainstorming, and maybe someone will get it right, so just think of it as a brainstorming session!
Therefore, sometimes technology nerd entrepreneurship is so simple and unpretentious.
Cao Shen thought so as he looked at a room full of T-shirts and underpants.
The nine people opposite looked at Cao Shen and looked at each other.
Could it be that the person who called before was really Mr. Cao?
They even joked after hanging up the phone! Cold sweat reflected on whether he had said anything inappropriate at that time!
The eight people hinted with their eyes that the idiot who said he was a sweeping monk must never speak!
To avoid being recognized!
In fact, those who work in technology are somewhat arrogant in their bones.
If the person sitting in front of them is an ordinary successful entrepreneur, they will not be bothered. You have money, I am very skilled and talented.
But the person sitting in front of me was Cao Shen!
Although Mr. Cao himself doesn’t know what Cao Shen is, he is a person who is unparalleled in the technical circle!
Really, Cao Gu seeks defeat!
Not to mention other technologies, we haven’t covered many of Mr. Cao’s things.
Let’s talk about games! They were puzzled by the fact that All Love Elimination ran smoothly on all machines.
So these nine people have changed their mindset, from being driven by the stinking money and being summoned unwillingly, to being summoned today!
Their eyes were as bright as titanium alloy, and their brains were spinning rapidly:
Which technology do I have better? Can I exchange views with Mr. Cao? Oh, no, please give me some advice.
Cao Shen was a little uncomfortable being looked at, because the eyes of the opposite party were too hungry.
After asking the senior sister to bring two cans of iced cola to each of the nine people on the opposite side, the heat in the room dropped a little.
Cao Shen took another look at the business plan. The company's asking price was 30 million yuan, and the financing was 6 million yuan, which was okay.
Time was precious, Cao Shen said:
"I'll make it short. I've seen your game engine."
The nine people on the opposite side immediately tensed up. This is going to complain, listen carefully!
Please spit gently, oh, no!
This is a great learning opportunity, you spit, spit hard!
Zhang Yu, the leader, was the first to admit his weakness: "I didn't do well, Mr. Cao, please forgive me. Please give me some advice!"
"I think it's OK..."
The nine people's faces suddenly flushed with disbelief!
They wanted to pat their thighs instead, why not record it! Mr. Cao said we did OK!
With just this sentence, can we raise money!
This is what Mr. Cao said, Cao Gu Qiubai's golden words! Stamped and certified!
Cao Shen looked at the nine people who were a little dizzy after drinking two cans of Coke, and wondered if he should prepare some peanuts...
Continued: "Your valuation this round is 30 million, I want to acquire it at this price."
Under normal circumstances, when the startup is still in such an early stage, the team is unlikely to want to sell itself. If you want to sell, it is better to raise more rounds to make the valuation higher and the selling price better.
Cao Shen was thinking about how to convince them, for example, Youxin is a large platform, and there is more room for development in the future.
But I heard nine people say in unison: "Okay!"
Cao Shen: "..."
"You can actually consider it..." It was sold so quickly that I was a little nervous! Was the price too high...