Rebirth in the Perfect Era.

Summary

The passage discusses Tencent's early financing history, revealing they only received an A-round investment of $2.2 million in 1999. Unlike typical startup trajectories, Tencent sustained itself through profitable value-added services like QQ, avoiding additional fundraising before their 2004 Hong Kong listing. Li Mu, aware of this historical context, strategizes for Muye Technology's future, planning to achieve self-sufficiency without external financing. The narrative also explores the competitive landscape between Tencent's QQ Fishing Farm and Li Mu's emerging platforms, highlighting the dynamic internet industry evolution and strategic maneuvering in the early 2000s.

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