Liu Yun was also dissatisfied, of course, when he spent a lot of words to talk about Blizzard in preparation for the game competition of Warcraft.

Yoyo is only an agent, but it has to bear all the organization costs of the event, as well as the game bonus.

What made him angry the most was that the attention of the game was getting up, there were sponsors who were willing to invest money to smash the advertisement, and Blizzard demanded the advertising share.

"A group of insatiable Americans."Liu Yun did not think about it, and categorically refused this request.

Even if the game's competition is likely to have no second season, Liu Yun will not go to others to make a wedding dress.

He said: "About the game of World of Warcraft, everything I hope to achieve, has almost achieved.Any outcome is acceptable.

First, I want to bring all of Blizzard’s games.Second, after 2012, if World of Warcraft wants to continue to be represented by Yoyo, both agency fees and profits need to be reduced.Of course, they should not have had a better choice than Yoyo.”

Lin Shiya decisively said that he would continue negotiations with Blizzard in accordance with the wishes of the boss.

...

In early November 2009.

After analyzing the advantages and disadvantages of many venture capital institutions, Liu Yun decided to choose IDG as the financing object of Jiangnan.

The initial plan, he only intends to let the person in charge Dong Rongjie talk, he will not come out in person.

But at this time, then, now Ali acquisition of potatoes, Baidu in the preparation of iQiyi, Tencent is ready to launch their own video website, cool 6 in the absence of grand ripped back legs, the rapid development, and Youku just spent a lot of money to win the World Cup football game network video copyright.

The money-burning competition has reached a point of over.

Under careful selection, Liu Yun finally chose to hold talks with IDG.

On the one hand, the IDG side originally quoted the highest, on the other hand, the other side has invested in Tencent before, but unfortunately this investment has not been maximized by capital.

In 1999, IDG invested $2.2 million in Tencent's initial business and won a 20% stake in Tencent.

However, in 2001 and 2003, IDG sold its shares twice, earning a total of more than $20 million in return.

Generally speaking, a return of nearly ten times is already a very successful investment.

But the fact is unpredictable, once in the entrepreneurial stage of the penguin, after 2003, the development speed is sky-high, as of now, the total market value has been close to 20 billion U.S. dollars.

If IDG did not let go at the beginning, but has been sticking to it until now, even if the shares are diluted in the later period, the proportion should be more than 10%.

In just three or four years, $20 million could turn into $1 billion, a return that would exceed all of their previous investments in the country.

Then, there is no regret medicine in this world to eat, even if the remorse on the other side of the IDG is blue, but it is still not helpful.

However, there is an opportunity in front of IDG, and like Tencent, you have already taken the initiative to extend the olive branch of financing to Huaxia and even the Asian Internet company giant Yoyo.

At this moment, the strength is higher than Tencent, if the two companies walk together, it can be said that the strong alliance.

However, as an internationally renowned venture capital firm, IDG also roughly understands that you can make a big idea.

The most profitable game companies, as well as yo-yo technology without money, yo-yo holiday network, are unlikely to raise funds at this time.

On the mobile phone company side, Google also has a natural advantage, and IDG is not willing to go to this wave of muddy water.

The goal of IDG is the era of Yoyo.

In Yoyo's plan, Jiangnan is a comprehensive entertainment empire they have built with Internet thinking.

Today, Yoyo shares are 82%, Google 15%, and Baidu is only 3%, and the valuation is 1.5 billion US dollars.

IDG’s plan is to acquire equity through this financing, at least higher than Google’s.

Although Youku won the copyright of the next three World Cups for $350 million, because it is packaged and sold, they need to pay the money within three months of signing the contract.

If the broadcast fee is paid in stages before the start of each World Cup, this price cannot be negotiated at all.

Of course, in order to reach this agreement, Yoyo made a sum of money in the name of a third party through his contacts in Europe.

For the current FIFA helm, Mr. Blatt, Liu Yun is too aware of the old man's nature, the fingernails are too long.

This is a man who dares to send the World Cup to Qatar under pressure from the US government, and irritated Americans who have always been used to it, and used the FBI to arrest him for economic crimes.

Liu Yun thought of the "economic crime", and a few years later WikiLeaks sensation around the world, warned his subordinates that the money exchanges with FIFA must not be carried out in American banks.

Raising a huge amount of $350 million in three months is not an easy task.

Liu Yun thought that it was a time difference to play, first of all, the video copyright of the next three World Cups, as a hush, so that you can improve the valuation of Youku and even Jiangnan throughout the era.

As for the money, he tried to raise it within three months, and since he did not want to pay his own money, financing was the best means.

So Yoyo and IDG came together with their minds.

On November 10, IDG and his family walked into the Yoyo Building.

The leader is not a foreigner, but a foreigner.

...

Liu Yun stood in front, saw the people, reached out and smiled: "For a long time, bear."

The man is one of the founders of IDG, the bear pigeon, the president of Huaxia District.

He is now in his early 50s, and he is at the top of his career.

Yoyo is not a small company, its roots have been solid, the scale is also very large, so he chose to personally come forward.

Although he knew that Liu Yun was young, he even saw the photos of Liu Yun.

But when you see yourself, the bear pigeon still raises a wave of old age, and there is a feeling of talent in Jiangshan.

Liu Yun, who was born in 85, is now only 24 years old, and he was born in 56 years old, nearly 30 years older than Liu Yun.

Although IDG has strong capital, it does not mean that IDG is his, he is just one of the co-founders, even so, there are not many people who can achieve such achievements at this age.

Compared with Liu Yun in front of him, the bear pigeon also has to admit that this is the most accomplished young man he has seen in all these years, including the founder of Facebook.

After he sighed in his heart, he said with a smile: "Lyu, it should be said that I have been right for a long time."The name of the Lord is now well known and well known.This negotiation heard that Liu had come out in person, and I had specially rushed here from Shanghai to see the richness of Liu.

"The bear always smiled, before it was too busy, just this time Yu Yu other business is too busy, I really can't take the time..."

“Understand.”

Some things are well known to both sides.

For example, Liu Yun deliberately waited until he won the World Cup online live broadcast rights and let this hot event ferment for a period of time before starting the financing matter, in order to sit at the starting price.

Bear doves understand that the recent yo-yo escrow is not generally flourishing ah.

"League of Legends" has swept the trend of the entire online game market, and the game competition that has been launched has made them become rule makers, and then high-profile to win the World Cup network copyright, layout sports events, and buy the copyright of popular film and television dramas, the big action can be described as one after the other.

With the strategic vision of the bear pigeon, he can see the potential of Jiangnan.

This independent subsidiary will set the entertainment empire of film and television, music, live video, voice chat, and it has the possibility of changing the ecosystem of the entertainment industry in China.

After a while, the two sides sat down to prepare for the talks.

In fact, before, Dong Rongjie has talked with IDG representatives several times, the first offer of the other side to the price is 150 million U.S. dollars, 20% of the equity.

This price is actually very sincere, after all, these products are all the bottomless pit of burning money.

However, during the interval between negotiations, Liu Yun went to the United States and met with the head of Google.

In 2006, Google bought YouTube for $1.5 billion and became the world’s largest video site.

After they tasted this benefit, they also took a keen interest in Youku, the largest video website in the Huaxia market.

At that time, Liu Yun's top priority was Yu Xin, in order to let Google agree to their own conditions, it agreed to the other side's request for capital investment.

This is also a complementary cooperation between the two sides, each taking advantage of the needs.

Then, it was reported that between Yoyo and FIFA, an agreement was reached for the online video broadcast of the World Cup football match.

This also means that the original $150 million offer is no longer appropriate.

But these wind investment agencies are vampires, you expect them to improve how much unrealistic, IDG just put the offer to $250 million.

Liu Yun personally participated in the meeting, but also did not politely, directly open to the mountain: "Xin, even in 2006, Google acquired Youtube spent 1.5 billion US dollars, with 250 million U.S. dollars to get a 20% stake in Jiangnan, I can't agree."

After all, under the banner of Jiangnan, there are more than videos, but our YOYO music and cool dog market accounts for the top two, far ahead of other music playback software, and has more than 90% of the singer's online copyright.

Youyou network is the largest game website in Huaxia, yo-yo voice is also the overlord of the voice chat market, since 2008, yo-yo voice launched yo-yo live broadcast, the number of netizens reached about 5 million per day.

Youyou live broadcast is also divided into three categories: live sports, game live broadcast, and entertainment live broadcasting, and also occupies an absolute dominant position in similar markets.

The bear dove frowned slightly, the other party so crowning said a lot, nothing more than thinking about the starting price, said: "General Liu, of course, I am certainly optimistic about the market potential and future prospects of these products, but now they are not profitable, and very burning money."If they can make a profit, you won’t find me, will you?”

Liu Yun smiled, "Mr. Xiong, Youtube is not profitable, and I believe they will continue to lose money for a long time."

The world's largest video site, even at the point of his rebirth in 2018, is still losing money.

Of course, the rich Google does not care about this, they pay more attention to the huge traffic and heat of this video website, to push up the company's stock price, as well as various hidden value.

Video websites are difficult to make money, this is almost ironclad, it is difficult to overcome the problem, Liu Yun never expected.

The parent company behind it values potential value, but it is by no means a reason to bargain.

Bear Dove thought for a moment and replied, "It's not comparable, Youtube is the world's largest video site, it's aimed at global users, it's not your cool can be compared, even if the other products add up."

Liu Yun bowed his head and Dong Rongjie discussed for a while, and looked up and continued: "General Xiong, I have taken into account the limitations of the audience, but the products of the Internet sometimes need innovative thinking."Mr. Xiao Dong, show the bear our plan."

Dong Rongjie nodded and handed the document very carefully to the bear pigeon.

The other person took the document and looked carefully at each sentence above, every word.

Liu Yun cleared his throat and continued: "In recent years, the development of the Internet has changed rapidly, which can be said to be very rapid.3G has only been launched a few years ago, and 4G has been put on the agenda.”

After listening to the bear dove, his eyes moved slightly, hesitated or nodded his head: "Yes, but what does this have to do with our financing?"

Liu Yun smiled slightly and said: "The era of mobile Internet has been opened, watching videos on mobile phones, and even live broadcasts will be successfully realized in a few years!"

Speaking of which, he took a deep breath, took a sip of tea, and continued: "General Xiong, I went to the management of Google in the United States and met, not just to discuss financing matters.Google is the owner of Android, and we discussed how to make these products better compatible with Android.

Jiangnan's products not only dominate the PC market in Huaxia, but also seize the terminal of smart phones.

Although there are still a few years to say 4G, we are already taking precautions, not to mention that even today's 3G environment can realize the plan of some products, and you think about the size of the population in Huaxia, as well as the huge smartphone market.

Bear pigeons understand Liu Yun's plan, the smart machine market will be an important breakthrough in the era of Jiangnan.

Since last year, the smartphone market has shown an explosive trend, the more intense, the same as a consumer of Huaxia, the potential is even more unfathomable.

What the other side mentioned is indeed an important addition.

Liu Yun continued to emphasize his own advantages, "Yo has its own smartphone, and then cooperates with these APP products, which is completely 1+1 greater than 2, can be said to be like a tiger."

One by one, seamless links, finally let the bear dove move!