Lenovo star Investment fun Games 4-year benefit 85 times times

August 8 Morning News, le tease parent company created Dream World on the Nasdaq officially listed this evening, the opening price of 17.5 U.S. dollars, higher than the IPO prices up 16.6%, the market value of about 745 million U.S. dollars. In this calculation, the association star value of the earlier investment fun games grew as much as 85 times times.

Since its inception in 2010, Le Tease Games has landed in the U.S. capital market in just 4 years, creating a legend of the rapid growth of the game category and the IPO in the United States. The deal not only Chen Yuyu the 32-Year-old, the head of the fun game, into a billionaire overnight, but also made a huge return to the investment agencies and investors who provided them with the wind investment money.

News points out that the main force behind the listing is the capital boost. At the beginning of the start, the fun game to get Lenovo star 8 million Yuan Angel investment, and become Lenovo Star's first leading investment in the TMT project.

Lenovo stars are among the key players in the rounds of fundraising before and after the fun games. August 2011, the fun game to start the B-round financing, Lenovo star Executive Director Wang Mingyao, CEO Chen Yuyu introduced to the same as Lenovo holdings of the Royal Union capital. And at the end of 2011, the success of the fun game to win June Lian Capital and red dot investment amounted to 10 million U.S. dollars investment.

In the third quarter of 2013, the fun game plan introduced Tencent's investment. Tencent's demand for the proportion of shares is higher, founder and B-round investors need to dilute larger, the scheme is difficult to coordinate, once deadlocked. For the sake of the better development, Lenovo Star Initiative will transfer half of the shares to June-Lian capital, in order to balance the proportion of all parties, thereby prompting Tencent smooth into the capital.

Eventually, Lenovo Star holds 2.6% of its shares. The value of Lenovo star's investment has grown to about 85 times-fold, regardless of the transfer price between Lenovo star and June-Lian capital. Elwyn)