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Who are the authors of papi sauce?
@ In Lower Yang Shuhui

@ Bibile

@ 中中中中中中中中中中中中中中中中中中中中中中中𰵍200013

@ACui Attoui

@ naomener

In 20 16, short videos emerged. The short video of papi sauce is viral with scenes close to the public, humorous jokes, spit that causes the public to scream and sharp clips. I'm afraid this is what Jiang, who went north to study alone 12 years ago, couldn't think of.

20 16 In March, Zhenge Fund, Luo, Guangyuan Capital and Xingtu Capital * * announced that they would invest 5 million, 5 million,10000000 and1000000 respectively for financing. At this time, the valuation of the papi sauce team also reached 300 million. This financing is like a "bomb", which has awakened everyone who is concerned about "content entrepreneurship" and "network celebrity economy".

After financing, papi sauce and partner Yang Ming registered three companies, Xuzhou Chunyu Lei Ting Network Technology Co., Ltd., Beijing Chunyu Lei Ting Network Technology Co., Ltd. and Horgos Chunyu Lei Ting Network Technology Co., Ltd.

Among them, Beijing Chunyu Lei Ting Company is controlled by Xuzhou Chunyu Lei Ting Company. This is also the operating entity of Luo Ji Thinking as an investor.

On April 22nd, papi sauce was in full swing, and Luo planned the auction of patch advertisements for it, but it almost became a watershed in papi sauce business.

Luo Zhenyu once said in the program, "papi sauce will not always be red, just because it is inevitable that it will not be red, so it is necessary to collect future income now."

So just five months later, Luo Ji thought about withdrawing from the investment. Beijing Chunyu Lei Ting experienced the equity change in July. After the change, Luo Ji Thinking (Beijing Thinking Creation Investment Management Co., Ltd.) withdrew its capital from Beijing Chunyu Lei Ting, and the name of Beijing Thinking Creation Investment Management Co., Ltd. has been deleted from the column of shareholders of Chunyu Lei Ting.

This cooperation, which started with interests, eventually parted ways because of interests. Zhenge Fund took over all the shares of papi sauce held by Luo Jisi, with a shareholding ratio of 65,438+00%.