218: Wang Lin's venture capital business empire has seen a dramatic increase in value!

Currently, Wang Lin's venture capital business empire consists of four parts.

They are DJI, Bubble Blind Box, ByteDance Company, and Mixue Snow King.

Among these, the one with the highest future potential is naturally the ByteDance Company.

It is also the company that Wang Lin plans to co-invest in during every future round.

As long as he secures this large piece of the pie and maintains his current equity stake, he can live comfortably for the rest of his life.

As for the others, DJI represents hard technological strength; it is the core backing of Wang Lin's investments.

This is an enterprise capable of directly challenging the US, and it must be secured. Many of Wang Lin's future plans will rely on it.

Bubble Blind Box and Snow King both fall into the category of mass consumption.

Actually, investing in baijiu (Chinese liquor) is also quite good in this era, but baijiu is only suitable for stock investment, and physical stores hold no meaning for Wang Lin.

Originally, these four companies Wang Lin invested in were quietly developing in their respective fields, waiting for the chance to soar.

Unexpectedly, Ali Baba's unprecedented IPO directly brought venture capital projects back into the spotlight of capital.

It turns out that if you invest well in this stuff, it really makes money!!

Therefore.

Recently, a large number of venture capital magnates in the market have begun searching for new investment projects.

Preferably those that have reached Series C or Series D funding and are ready to go public.

And among these, the one that fits the criteria best is actually only the ByteDance Company.

Companies like Bubble Blind Box and Snow King have only just completed their Angel Round investments; they are currently in a phase of rapid expansion.

The former, thanks to Wang Lin's guidance, has now found a profitable business model and has officially transformed into the true King of Blind Boxes!!

The emergence of the IP, Molly, has made Wang Ning more inclined to seek out high-quality IPs.

The valuation of Bubble Blind Box is skyrocketing.

The latter, Snow King, is the same. After Wang Lin joined, various crises were resolved, and Snow King's position in the cold drink market, especially in the low-end product segment, is definitely among the best!!

Originally, the two brothers who run Snow King were very reluctant to give up equity. For them, even though Wang Lin helped them, they were still unaccustomed to the intervention of the capital market.

This would cause them to lose control over the company.

How should one describe this type of entrepreneur? There are pros and cons.

The advantage is that they can genuinely control the company.

The disadvantage is that their development proceeds very slowly, leading to various problems.

But once these problems are solved, the resulting profits are maximized.

Wang Lin even called them during his free time over the past couple of days to ask about their recent situation.

For companies like Bubble Blind Box, regardless of profitability, they need continuous financing and expansion.

This is how IP-driven businesses operate: move fast initially, then move fast continuously, and while moving fast continuously, bring more capital on board so everyone can build momentum together.

This is the way to play this game.

Snow King, conversely, is different. A high-volume business requires patience and rooting oneself firmly in the frontline.

The supply chain is their most crucial core element.

Therefore, they do not need financing.

Wang Ning of Bubble Blind Box sounded extremely happy when he answered Wang Lin's call: "President Wang, you have no idea, our company has truly taken off!!"

"Ever since President Ma's company went public, people in the venture capital circle have been acting crazy, coming over to survey our company every few days!!"

"As you know, our company previously hadn't found its main direction, just dabbling here and there. It would be strange if those capital firms could have looked favorably upon a company like that."

"I don't mean to belittle you by saying that; I mean that you valued us and helped us rise from the ashes!!"

"Now that we've found our main focus with your help, we are opening more and more stores in various cities, and our turnover and net profit earnings are constantly increasing. Every day is flourishing!!"

"Good performance gives us confidence, so when dealing with those capital firms now, I have unusually raised the company's asking price."

"Want to invest in us? Fine, show some sincerity. We genuinely don't lack investment now!!"

Listening to Wang Ning speak so eloquently, his voice was filled with confident assurance.

It was hard to imagine that his company was facing bankruptcy just a year ago!

Wang Lin smiled and said, "I am truly happy for you. What is the current valuation offered by the Institutions?"

Wang Ning proudly stated, "It has already increased fivefold, valued at 500 million, but I don't think the benefits they can bring to our company are high, and their distribution channels aren't great either!!"

"I want to wait until the valuation reaches 1 billion before starting the next round of financing!! What do you think, President Wang!!"

Wang Lin shook his head and said, "The path ahead is one you must walk yourself. I am just an investor, and I imagine many entrepreneurs don't want investors telling them what to do, right?!"

Wang Ning was extremely reluctant upon hearing this: "President Wang, how can you be compared to other investors? You are a true angel investor!!"

But Wang Lin ultimately declined politely.

Bubble Blind Box has its own path to follow, and Wang Ning must face the future alone.

After chatting with Wang Ning, Wang Lin turned around and called the two brothers of Snow King.

The one who answered the phone was the elder brother, Zhang Hongchao. His hearty voice came through: "President Wang, what brings you to call?"

Wang Lin got straight to the point: "How is the company doing recently? After seeing President Ma's Ali Baba go public, have any Institutions approached you about financing?"

Zhang Hongchao heard this and gave a wry smile: "President Wang, you're right, my phone is about to explode. I personally lean towards not seeking financing; having you as our backing is actually enough!!"

"But my younger brother still wants to finance and continue accelerating the expansion across various provinces and cities."

"He is too impulsive; he doesn't consider the consequences at all!"

"However, our company's current valuation has genuinely soared. It's estimated to have doubled, reaching a valuation of 2 billion—it's terrifying!! These Institutions are throwing money around like crazy!!"

Zhang Hongchao immediately launched into a complaint after taking the call, though happiness was mixed in.

It is certainly exciting that the business empire he painstakingly built can be recognized by Institutions.

It's just that entrepreneurship always has its headaches: "My younger brother recently wanted to hire a celebrity endorser, but in my opinion, endorsements should be avoided if possible; there are too many instances of celebrities causing scandals!!"

"According to my idea, we should create our own cartoon brand to be our endorser!!"

"That way, we won't run into trouble, we won't have the hassle of choosing an endorser, and it will perfectly align with my control over the company's image!!"

Hearing Zhang Hongchao's words, Wang Lin couldn't help but laugh.

This guy.

He really is consistent with his image.

In Wang Lin's memory, Zhang Hongchao, the elder brother, was the most frugal and hardworking, having suffered various hardships since childhood.

Such as the earliest ice shaver, and the Mixue Snow King Home Cooking Restaurant.

Yes, you heard correctly, it was the Snow King Home Cooking Restaurant. The dishes inside were large and affordable, such as 3-yuan hamburgers, 2-yuan fried rice, 1.5-yuan hot and sour shredded potatoes, and hot and sour cabbage.

This was the original Snow King.

That frugal, low-price gene embedded within Zhang Hongchao finally erupted later in Snow King.

2-yuan soft serves, 3-yuan lemonades, 6-yuan Freshly Whipped Oranges, and so on.

Now.

Zhang Hongchao and his younger brother have once again had a disagreement regarding venture capital.

But this does not affect the expansion of Snow King's valuation.