Angel investment is a pre-bet investment behavior that is different from the venture capital of a formal financing group.

This kind of investment generally comes from the entrepreneur's relatives and friends or wealthy people they meet through the relationship network. The entrepreneur's career has not shown enough business prospects, and it is even just stuck in the idea. The gambling investment behavior of angel investors without strict risk assessment is more gambling and encouraging than the subsequent venture capital.

Due to the entrepreneur's technology, management ability and character, this kind of investment is naturally very risky, and maybe ten investments may not be successful once.

Once the project is successful, angel investors will gain hundreds of times, or even thousands of times.

What Wang Xing saw was the huge future prospects of the school network.

Although Wei Mingrang is very young, he has enough fame and Facebook's beauties. As long as he copys it, the school network will easily succeed in China.

But Wei Mingrang, who is less than 20 years old, may face many constraints such as lack of funds, management, and technology. Wang Xing feels that he has a high chance of obtaining some shares when investing in the angel round and then waiting for appreciation.

He did what he thought of, and Wang Xing immediately prepared to go to Chongqing to meet Wei Mingrang.

...

The next day, on December 2, the number of registered users on campus exceeded 100,000 in just one day of opening the site, which was almost the same as the speed of Wang Xing's 3 months in history, which took Wang Xing three months to accumulate 30,000 users.

Among them, Wei Mingrang's fame on the Internet played a crucial role.

Although he has no income in the music industry and does not earn much in the novel, the number of people radiating from the name Mingqiao on the Internet is not measured by money.

Many readers who read online novels are students. Wei Mingrang and all the great masters’ recommendations, plus the automatic crawling and spreading of pirated websites, there are many students radiating.

It may be difficult to call on these pirated readers to spend money to subscribe to novels, but it is relatively less difficult to ask them to register a free website and to find their own classmates and alumni.

In addition, Wei Mingrang's second song "Chinese" is both nice and makes netizens feel proud after listening to it, and the spread is faster.

Of course, such rapid user growth is also related to Wei Mingrang's change of the registration mechanism of the school network.

When the school network was first launched in the past, the target was college students. The registration mechanism locked the IP addresses of each university and required the edu suffix to register. Therefore, the increase of registered users was extremely slow.

Now, most netizens can register as long as they have junior high school students or above education and select and fill in the information according to the steps.

This is countless times more relaxed than the school network in my previous life.

In addition, Wei Ming made his fame naturally grow much faster than the on-campus network users in his previous life.
Chapter completed!