It was only after a long time that Su Mu lifted his head.
However, he did not talk about the matter of spelling and spelling again, but rather asked with interest: “You studied computer science at Jiangzhe University, and the projects you handled at Penguin were also game development and operation, but now you want to start an e-commerce business, why is that?”
Huang Zheng replied in a serious manner, “The reason I went to university to study computer is because my father wanted me to study this major, he thought it had good employment prospects.”
“Later, I graduated from Jiangzhe University and joined Penguin with honours as a game development and operations manager, which was not my intention either, it was purely because I wanted to put my father’s mind at ease.”
“So what about now?” Su Mu asked curiously.
“A month ago, my father pa*sed away.” In Huang Zheng’s eyes, there was finally a fluctuation of emotions.
“I’m sorry.” Su Mu said guiltily.
“It’s alright.” Huang Zheng’s eyes returned to calm, “You are an investor, you should be responsible for every investment you make, so it makes sense that you would want to know about my past.”
Huang Zheng took a sip of tea and continued, “I didn’t tell my father that I actually disliked computers, what I liked was the financial side of things. However, none of that matters anymore.”
Su Mu didn’t say anything else and listened quietly.
Huang Zhengya then began to talk eloquently: “Although I dislike what I used to do, it is undeniable that my past studies and work have helped me a lot.”
“The help you refer to is?” Su Mu asked a question at the right time.
“How to quickly make spelling spelling spelling develop.” Huang Zheng replied.
“Like what?” Su Mu was curious.
“If Spelling Spelling is officially established, I will put my experience from my tenure at Penguin into it, for example, I will set up features such as induced sharing, daily sign-ups to receive cash, inviting friends to cut orders together, etc. in the Spelling Spelling app.”
Huang Zheng’s eyes gradually light up:：”These means and hand games in the group to fight copies, sign up to receive rewards, share friends to register and other mechanisms are actually the same, I officially have the experience of serving as a game project manager at Penguin, only then will I think of setting up these features in the spell spell app.”
“In addition, when the app is put into the market for a period of time, I will launch a station game called “spell luxury orchard”, the user daily sign in, take care of seedlings, seedlings grow up to collect fruit, after accumulating a certain amount of fruit can receive real gifts.”
Huang is getting more and more excited: “What is this? It’s actually an e-commerce version of ‘Penguin Farm’. As much as I hate to admit it, I have to say that the programming and gaming genes are already fermenting in me, so I often draw on my rich past experience when I conceive of Scrabble, and it has benefited me a lot.”
At this point, Huang Zheng paused.
Su Mu was still listening intoxicated, and couldn’t help but ask, “No more?”
“No!” Huang Zheng nodded, “This is my current vision. As for what comes after that, I have to say that I haven’t thought about it yet.”
“Is it that you haven’t thought about it, or that you haven’t thought about it?” Su Mu smiled playfully.
“I …… have indeed not thought about it.” Huang Zheng showed his shyness in a rare moment, “If you think about it further, then Spellbound will set off a new era of e-commerce, and may even replace e-commerce platforms such as Bao Tao, Buy East, and Ding Dang, becoming an e-commerce giant in the Dragon Kingdom, or …… the world!”
“Don’t you want to become such an e-commerce giant?” Su Mu pressed on step by step.
&
nbsp; “Want to.” Huang Zheng subconsciously nodded his head, then he smiled somewhat embarra*sed, “But so far, I think it’s better to keep your feet on the ground.”
Su Mu didn’t say anything, he just quietly looked at Huang Zheng.
The more he looked at Huang Zheng, the more he liked him.
In Huang Zheng’s body, he could only see one word – success!
Huang Zheng had all the traits of a successful person.
Seeing that Su Mu did not say anything, Huang Zheng also did not say anything, only lowering his head and looking at his cup of tea.
After a long time, Su Mu finally spread his face and smiled: “How much investment do you want.”
Huang Zheng lifted his head.
Despite his restraint, Su Mu still saw a touch of delight in his eyes.
“One hundred million.” Huang Zheng licked his dry lips.
“One hundred million?” Su Mu raised his eyebrows slightly.
“Well, one hundred million.” Huang Zheng did not actively make concessions to reduce the amount like the others who were afraid that Su Mu would not agree, his eyes remained firm.
“One hundred million is the minimum you expect, right?” Su Mu laughed.
Huang Zheng froze for a moment, then nodded: “One hundred million is half of the amount needed for the angel round of financing.”
“How much does it cost in total plus the c-round financing?” Su Mu asked with a smile.
“About one and a half billion.” Huang Zheng blurted out.
Afterwards, he revealed a shocked look: “Mr. Su do you want ……”
“I’ll put in fifteen billion.” Su Mu said firmly.
Huang Zheng was completely petrified.
For a big project, it generally had to go through three stages: angel financing, a round of financing, and b round of financing.
At the time of angel financing, the project pioneer is usually in the initial state of having only an idea and a team, but no specific product.
The a round is for projects with a mature product, a complete and detailed business and profit model, and a certain status and reputation in the industry, even if they may be in a loss-making state at this stage, they can also choose professional venture capital institutions for a round of financing.
At this stage, it is no longer possible for financiers to raise funds by virtue of their ideas alone, but to have users, including daily and monthly users, their own business model, a mature product that can compete with competing products, and a certain market position.
Series b financing refers to the fact that after the burning of money in round a, the project has already had greater development, the business model and profitability model have been well verified, and some have already started to make profits. At this point, the financier may need funds to support the launch of new businesses and expand into new areas, so it is appropriate to convince the previous round of venture capital institutions to follow up, or to find new venture capital institutions to join.
Series c financing is suitable if the financier’s project is already very mature, basically sitting in the top three chairs in the industry, and is preparing for listing. At this point, in addition to further expanding new business, it can also lay a good foundation for completing the business closed loop and preparing for the IPO.
In other words, by the time the c-round financing is carried out, a project must have a large number of investors and investment institutions.
But now, Su Mu alone is going to wrap it all up?
“Mr Su isn’t joking?”
Even though Huang Zheng had worked at Penguin and had seen many wealthy and wealthy tycoons and had dealt with descendants of hidden families, this was the first time he had met someone like Su Mu, who had thrown fifteen billion dollars at him after just ten minutes of conversation.
