Chapter 181 You need to understand two things(1/2)
Yahoo is the first "crab eating" Internet company, so it has become the first generation of Internet hegemon. Although Yahoo has made a lot of silly mistakes, it is undeniable that it has a very advanced vision.
It first discovered Google, then it found Ali again, it also found Facebook, YouTube was also discovered, and then Twitter ... It can be said that Yahoo almost discovered the future of the entire Internet.
But unfortunately, because of many fools who only valued short -term interests, they should have become Yahoo, "dad" of Google, Facebook, but only successfully invested in one Ali.
And now Yahoo's CEO Semel has sold Google shares that have not been listed in order to please Wall Street, just to further push Gahoo's stock price.
And the money that sells Google shares cannot be put on, so Yahoo sentence began a round of buying and buying, but spent the end, the book was still lying on the book of more than one billion US dollars, and it could not be idle, and Yahoo CEO
Semeer saw the winds of concept stocks such as Shengda Networks and other concept stocks mixed on the Nasdaq.
Therefore, Samel found the Chief Yahoo Yang Zhiyuan, let Yang Zhiyuan bring 1 billion US dollars to the Internet of the Internet, China, and prepare to invest in several Internet companies in China. When necessary, you can add Yahoo China and
Yang Zhiyuan also had a Chinese identity. It was an idol of many entrepreneurial youth at that time.
And after Yang Zhiyuan took off the money, he did not go to China immediately. Instead, he first visited the island country to visit his "Bole" SoftBank Sun justice. Sun Zhengyi was also Yahoo's shareholder.
,,
Because the two also had a good deal for many years, the friendship was good, so Yang Zhiyuan saw Sun Zhengyi and asked directly "Mr. Sun, I am the purpose of the board.
Yahoo is going to invest in several very potential Internet companies in China. Do you know what a good company has promoted by Mr. Sun? "
Sun Zhengyi said directly: "To say that the most potential Internet company in China is now, it should be an Internet company that I invest in Fengrui Technology.
The product is very complete, spanning the two major fields of games, social networking, each of which is one of the leaders. In terms of online games, it can confront Shengda in front.
The feeling of China's Internet first company. "
Yang Zhiyuan has heard of sharpness, only I heard that China’s three large portals, as well as a few newly listed Shengda Networks, and the West Lake with himself, the horse who looks the same as aliens
Ali father established by Yun,
So, Yang Zhiyuan asked curiously: "What company is this, why have I never heard of it?"
Sun Zhengyi said with a smile: "You may not believe it. The founder of this Fengrui Company is still a college student. It has not been two years since its establishment.
However, don't do it because of this, looking at his young founder, not only letting such a big company only raise funds once, but also firmly controlled the entire company, and even Liu Zhiping, who had previously joined Goldman Sachs, also joined.
Think about how powerful this person is! "
Then, Sun Zhengyi counted: "And if you want to invest now, it is estimated that it will be more expensive.
What's more important is that you want to invest, people do not have to be, they must pass through the consent of his founder Li Feng. "
Speaking of which, Sun Zhengyi also remembered that the scene of the last financing and Li Feng met Li Feng at that time. At that time, Li Feng performed stable, calm, wise, and left a deep impression on Sun Zhengyi.
I still feel that the valuation of Feng Rui is high. I didn't think about less than a year, and the valuation of Feng Rui turned.
By the way, there is still a "gambling agreement"!
At the current speed of development, I am afraid of nothing. The market value of more than 10 billion US dollars in the next three years is like playing with Li Feng.
It should be regarded as "equity award".
"1 billion US dollars?!"
Although it is not known as the "unicorn" enterprise with a valuation of more than 1 billion US dollars, as the founder of a large -scale Internet company, Yang Zhiyuan can be clear about the financing process of Internet companies.
In addition to the initial angel wheel, an Internet company is at least through four or five rounds of financing, and this name is only once financing, which only exceeds many listed Internet companies.
After listening to Sun Zhengyi, Yang Zhiyuan was also interested in Li Feng. He said to Sun Zhengyi: "When you say so, I want to see this side with this Li Feng quickly, and I also believe that Yahoo's funds and technology
, To make this Fengrui Technology further, can you please Mr. Sun to help me introduce it! "
Sun Zhengyi faintly motioned to Yang Zhiyuan, and said in a hurry: "Yang Jun, don't worry, wait for me to finish these two days, take you to Yanjing, just happened to be a little bit of something to follow.
Li Feng discussed again, these two days you have fun in Tokyo for two days. "
Yang Zhiyuan also laughed: "Thank you so much, if Mr. Sun came forward in person, it would be the best."
*********
"Martin, we invest 100 million US dollars, plus 51.48%of Tengxun in our hands is not enough. We only need to account for 20%of the sharp sharpness. Isn't it?
I am afraid that Tengxun is not good now, there are tens of millions of dollars on the book, and there are many technical and high -end talents. Is these not enough for $ 100 million!
Coupled with the 100 million U.S. dollars we invest, this is 200 million US dollars, and these only 20%of Feng Rui shares, I only think that I give you a sharp valuation of the sharp -edged before it is 800 million U.S. dollars.
The valuation of SoftBank financing doubled, and at the time there was a "gambling agreement"!
And as long as you do the style of our MIH, we better respect the founding team, and do not vote. Is these conditions not enough! "
In fact, before coming to Feng Rui, Cus Baker not only investigated the situation of Fengrui, but also prepared to spend a lot of money.
But what Ling Cus Baker did not expect was that when the owner of his group company visited himself, since Li Feng went out, wouldn't he be allowed to come back, you must know that he had made an appointment to Feng Rui in advance.
What makes Cus Baker can't think of that he has been done well and prepared for a lot of money. After all, as long as the investment is successful, what is this face?
Feng Rui is so greedy.
In the end, Cus Beck was a bit "collapsed", and said directly: "Martin, don't hide it, let's talk about your last condition!"
Seeing the collapse of Cus Beck, although Liu Zhiping did not change his face on his face, he had a long time ago.
Liu Zhiping also remembered the time when he went to South Africa to visit Cus Baker last time.
After remembering it for a long time, fortunately Li Feng gave this opportunity and let himself revenge.
Liu Zhiping said faintly: "Mr. Beck, did I just say it just now, the bottom line we give by President Li is the valuation of Feng Rui at 2 billion US dollars."
Cus Baker was almost exhaled and vomited blood, then I just said in white, but the final conditions still did not change.
The last condition of Rui? "
Liu Zhiping didn't move, and said, "Well, yes, this is the minimum valuation that our boss gave me."
Liu Zhiping's expression "I just like you to see me unhappy, but helplessly," made Kus Baker very annoyed, but the elder husband can be flexed and stretched.
So Cus Baker endured his anger and said to Liu Zhiping: "Martin, when can you come back?"
Liu Zhiping said faintly again: "I don't know, you can take a while, or it may be tomorrow, it is more likely that it will not be over for a few days."
Cus Baker almost vomited blood again after hearing it, and could only say to Liu Zhiping: "That's it, martin, when you wait, when you return, you will call me as soon as possible. These two days will be.
Just wait in Yanjing. "
After speaking, Cus Baker passed with embarrassment.
And Li Feng is not deliberately Liang Kus Baker, just because Li Feng feels that he has more important things to do, that is, to go shopping with his own Tangxin.
When Tang Xin saw Li Feng's left hand holding plaster, he was distressed for a while, and asked Li Feng how to get it. In this regard, Li Feng could only sprinkle a panic and say that he was accidentally hit by a motorcycle.
Tang Xin knew that Li Feng was lying, but Tang Xin also knew that this was Li Feng who did not want to worry about himself, so Tang Xin did not continue to ask anything.
I just told Li Feng to rest, and when shopping in the afternoon, Tang Xin, who was always on the right side of Li Feng, has been protecting Li Feng's left hand on the left.
There is also a rib soup when eating dinner, but also fed Li Feng in person to let Li Feng enjoy the emperor -like treatment.
After crossing a romantic time, Li Feng appeared in the company wonderfully the next day. Li Feng did not let Mih's Cus Baker, etc., directly met Cus Baker in the conference room.
Although Kus Baker and his party were very surprised by Li Feng's age, but he didn't say anything because Li Feng's younger you was, because Feng Rui had already explained a lot of problems because Feng Rui had the victory of Tengxun.
And Li Feng did not like to waste time, so after meeting, after a simple greeting, the two sides directly entered the topic.
Li Feng said directly: "Mr. Beck, although we met for the first time, and I have heard a lot of rumors about you from Zhiping.
Cus Baker thought that this was Li Feng's irony, and quickly explained: "President Li, last time I offended, but this proves that I have always supported the company I invested.
. ""
Li Feng touched his left hand and said, "Mr. Beck, you think too much, I don't blame it, I mean ...
In this way, Mr. Beck, I personally pay attention to efficiency. Yesterday's situation, Zhiping also introduced it to me,
First of all, I recognize the value of your investment of 100 million US dollars and the value of Tengxun's shares, and now it is your sharp valuation of our sharp valuation, right, right? "
Kus Baker hurriedly said: "President Li, for the future of the sharp sharpness, our MIH is infinitely optimistic, otherwise we will not come here not far away, but the current value of the sharp valuation, I don’t know how you are what you are
The calculation is too high, it has greatly exceeded the scope we bear! "
There are certain calculation formulas in valuations. According to your business model, future monetization methods, and some quantitative indicators, such as UV (traffic), MAU (user activity), ARPU (single user income) and other indicators, it is possible.
Generally calculated.
But Feng Rui's valuation will not be more than 1 billion U.S. dollars. In fact, Kus Beck wants to ask Li Feng more in his heart, do you want to be crazy?
of!
It was just that Kus Baker was disappointed that Li Feng had no response to Cus Baker's words, as if two were not in the world, Li Feng said lightly: "Mr. Baker, you have to understand!
The winner, Tengxun is the loser. If the acquisition is unsuccessful, I will let "Bat Network Management" continue to block Tengxun. When it is, Tengxun can still have a few dollars, it is hard to say.
And now Shengda Network is worth 1.2 billion US dollars, and it is just Shengda's online game part. We are not worse than Shengda. Coupled with our social network, instant communication is.
It's okay,
And I also believe that under my leadership, the market value of the future will only get higher and higher, let alone $ 2 billion, that is not possible to be 10 billion U.S. dollars, and it is not impossible for 100 billion US dollars. "
Kus Baker also argued: "President Li, Shengda is the market value after listing, Feng Rui has not yet been listed! How can I calculate the market value after listing!
And we never doubt the future of Feng Rui, but the future is the future. The present is the current, that's the best time for the future, but he is worth so much money now, and I still convince my shareholders.
Besides, Tengxun's side, you can block for a week or even block for a month, but you can't block it forever, when you have contact with it sooner or later, there will be a user who will return to QQ. "
To be continued...