Wang Sicong set up his own investment company with his father's huge investment in his early years, and invested his money in e-sports which was regarded as a plaything at that time. At that time, Wang Sicong acquired CCM Club and converted it into IG Club, which opened its beautiful road in the e-sports industry. The salary standard of people in the industry has been improved, a standardized industry market has been established, and an e-sports alliance has been founded, attracting many capitals to join. Thus, Wang Sicong founded Panda Mutual Entertainment, formulated Banana Plan and founded Banana Plan Company, thus completing the iron triangle of Wang Sicong's pan-entertainment empire.
Most of Wang Sicong's investments involve eating, drinking and having fun, as well as new things. Compared with more mature food, clothing, housing and even venture capital, it is rarely involved. Besides, what we are talking about here is only successful investment. Wang Sicong also has failed investments, such as e-cigarettes, live quiz, tea drinks and so on.
The panda platform was surrounded by two platforms, Betta and Huya, and collapsed without warning. Wang Sicong's pan-entertainment empire began to collapse from this corner. IG left the semi-finals, the shares of Banana Project Company were frozen, and his kingdom began to turn from prosperity to decline. In fact, as early as when Wanda's assets shrank, major capitals began to attack Wang Sicong. The e-sports industry and the game industry developed by the e-sports industry are a big cake that has not yet been developed.
In the risky industry of capital investment, from holding 500 million venture funds to the peak of 6.3 billion, and now it has been implemented around1.500 million, Wang Sicong has stood at the forefront more than once, and now he can only keep silent and converge.