Chapter 1082 Thirty-Three Billion Dollars!
There are many coincidences and inevitabilities in history. The concept of centralization is inevitable when the Internet develops to a certain stage. However, Li Mu's domineering over Yahoo made it happen by chance.
And come up with this concept, so that he is particularly recognized by the entire industry, but also repay Li Mu with this concept.
When the concept of centralization is proposed, the only products on the market that can meet the requirements are generally two, one is YY and the other is Microsoft's Windos.
However, Windos itself is a platform open to all developers, which is very different from YY. Any software developer can develop their own products on Windos, and does not need to be reviewed and approved by Microsoft and Windos, but YY is different. All of its product functions are split and 100% controlled by YY itself.
Take the current YY game platform as an example. Today, Li Mu can allow other chess and card game development companies to put their own small games on the YY game platform to operate, and then divide the game flow with the game development company, but he can also do it at any time. Let the other party's game be removed from its own platform. YY has absolute control over the YY game platform. In this way, it is a real centralized product.
A YY game is like this, not to mention the ecology of the entire YY product.
As the only representative product of the current centralized concept, YY's attention has once again been boosted. This time, companies in the industry have regarded Muye Technology as a god, and accidentally made it so huge Its scale and such a powerful influence makes the entire Internet industry amazed by it.
As a result, Li Mu made a final offer to Sequoia at the negotiating table: Makino Technology’s C-round financing was valued at $33 billion, and Sequoia acquired 10% of Muye Technology’s shares for $3.3 billion in cash. It is diluted by the existing shareholders of Muye Technology as a whole, but Sequoia only owns equity, does not have any voting rights, and must not interfere with the daily operations of the company. It is the cash-out part of this financing.
That is to say, USD 3.3 billion comes in, USD 3 billion enters the book of Makino Technology, and the remaining USD 300 million will be distributed proportionally by all shareholders before the share dilution. to three million dollars in cash.
And the three million US dollars are in hand, and the remaining 0.9 points are still there. Based on the market value of 33 billion, 0.9 percentage points, the market value is nearly 300 million US dollars!
Sequoia didn't even want to sign this kind of agreement.
First of all, they just reluctantly accepted a valuation of 30 billion, and suddenly they increased by 3 billion. This valuation is growing too fast,
heart can't take it
Secondly, they do not want the shareholders of Muye Technology to cash out this round. They invest 10% on the basis of the 30 billion valuation, and after the 3 billion US dollars are given to Muye Technology, all of them will be used as the follow-up development funds of the company. In this case , they can still have some balance in their hearts.
Li Mu's current request is basically the same as suddenly asking Sequoia to pay an extra $300 million so that he can share it with everyone. Three hundred million dollars, how can there be such a domineering thing?
However, Li Mu wanted to be so domineering.
He has long seen through the nature of capital. Capital is profit-seeking. Whether it’s angel investment or venture capital, it’s all for profit. It seems to be brilliant, and said to those hanging silk entrepreneurs who are struggling to survive: "Come, come to me, I will give you money for you to develop."
In fact, their subtext is: "Come, let Dad see if you have the potential to make money, and if so, let Dad buy some stocks at a low price."
For companies with a promising but not so bright future, they are willing to provide capital as a father, but the father of capital may not regard it as a son; for those companies with a bright future, capital is willing to Kneel down and call them father, as long as his father can let him get a part of the shares, everything else is easy to say.
Li Mu doesn't want to play this kind of stupid thing with capital. Since everyone is profit-seeking, then I will give you my final offer. If you are willing to agree, everyone will shake hands and sign the contract, which will be tied together in the future; if you If you don't agree, I won't leave you if you slap the table and leave. If you leave, I will use the same oer to find someone else.
Sequoia was tortured mad by Li Mu. Negotiations began when Muye Technology had never been out of the house and its valuation was only a few billion dollars; when they talked about the United States, YY became popular among the elite, and the valuation was immediately It has become more than 10 billion; then Li Mu will not talk about it, and he will continue to attack in one breath, "Paradise Town" has won the attention of the United States, YY has forced a large wave of users, and the number of users has doubled; this is not the end. , Li Mu turned his head to Harvard, and by the time he came back from New York and Hollywood, Muye Technology had already made 30 billion.
Sequoia has been investing for so many years, but they have never seen such a rhythmic player as Li Mu. Every time they can only stare at Li Mu's strategies and tactics, sighing: "How can this kind of operation still exist in the world?"
Li Mu is like a super e-sports expert. He just got into the wild area for a walk, and then came out after farting, and he was already in a super costume.
Li Mu has made the impossible possible, and he is also making the $33 billion valuation of Muye Technology possible.
Because Li Mu's attitude was extremely tough and left no room for anything, after struggling for two days, Sequoia finally announced that it would accept Li Mu's financing conditions and officially start due diligence before financing.
Unexpectedly, Sequoia, who finally managed to do it all once, was attacked by Li Mu again.
Li Mu directly replied to Sequoia in the form of an official letter in his own name and through the company level. The core content was: "What are you and me writing about? It's all over now, who still has time to accompany you in financing due diligence? Sign a contract Before, I can open the company's general market revenue data to you. Once the contract is signed, I will open the financial account information to you. After you read it, you can pay immediately. After the payment, everyone officially completes the financing. I accept you to check the accounts regularly. , that’s all, if you want to withdraw in the middle, you can withdraw before the financing or IPO, if you don’t want to withdraw, after the IPO next year or the year after, you can make your own decision in the stock market.”
At the end of the official letter, Li Mu's request was: "Consider as soon as possible, reply as soon as possible, I don't have much time to waste on waiting."
Sequoia could not laugh or cry.
Li Mu is really a rare hegemonic company. He is so domineering in financing. This Chinese person is really unusual. The key is that Sequoia can't have a temper at all. Who makes people develop fast? The speed of valuation update It's too fast, and if something is tossed tomorrow, 33 billion people will not agree.
In fact, Li Mu still has a magic weapon to increase the valuation of Muye Technology. This magic weapon is "Plants vs. Zombies", which he magically transformed into a social network game. After this game has been tested, everyone in the game development team feels that this The game is not too fun, it's fucking crazy. If it weren't for the boss watching, I'm afraid the entire department would be abandoned on this game.
"Plants vs. Zombies" after Li Mu's transformation has almost become "Plants vs. Zombies Online", and it pays great attention to the interaction and cooperation with friends. For users who have played normal "Plants vs. Zombies", they may not be able to play. Too used to it, but for users in this era, who have never played "Plants vs. Zombies", or even played serious tower defense games, the game is so fun, it's poisonous!
If this game is taken out now and promoted through YY, which is currently experiencing a surge in users, it will probably be popular all over the world in a few days, but Li Mu also has his difficulties right now.
First of all, the two super-large events of "Paradise Town" are advancing, and they are all the rage in the game field, and no one can beat them. If "Plants vs. Zombies" is launched at this time, it will directly grab the limelight of these two events. In the end, it became that no one can beat "Paradise Town". Li Mu himself defeated it with a new product. This is internal friction and is not desirable;
Second, Plants vs. Zombies is an online game, which means it needs server bandwidth to support it.
If it only supports hundreds of thousands of people to play, then this server bandwidth requirement is not a fart for Muye Technology.
But Li Mu is too aware of the magic of "Plants vs. Zombies". This thing is popular, faster than Uncle Piao's horse-riding dance, and it may become popular all over the world overnight. In that case, the server of "Plants vs. Zombies" needs to carry , I am afraid it is the huge demand of tens of millions of people playing games at the same time;
Moreover, the overall game rhythm of this thing is much faster than that of games like "Paradise Town". "Paradise Town" is a business game, harvesting corn in the fields, feeding the chickens in the chicken coop, and handing in tasks in the NPG. There is a certain amount of lag and delay in data processing, which is not a problem. Not only can users endure it, but sometimes they can't even feel it.
But if the friends of "Plants vs. Zombies" experience lag and delay in the battle state, it will be terrible. I was about to plant a pea shooter, but it got stuck. When I reacted, this way has been pushed by zombies, then this kind of user experience is absolutely It's like a dog. In the end, if the user's online experience is too poor due to the poor server load, and the user turns to play the stand-alone mode, then the greatest significance of this game will be completely lost.
To build "Plants vs. Zombies Online" that supports tens of millions or even hundreds of millions of users, Li Mu really needs to build at least five to six large data processing centers around the world, otherwise the game will not be able to come out.
Therefore, Li Mu can't take out "Plants vs. Zombies Online" first to increase the valuation. He can only raise funds first, and then invest money to build a data processing center. After the data processing center is built, he will launch "Plants vs. Zombies Online". .
In the Internet game industry, most games are affected and restricted by regions and cultures when they are structured and developed, so there are often local booms and overseas weakness. Except for "World of Warcraft", there is really no such thing. Several online games can be popular all over the world.
However, it is extremely rare to be able to spread across five continents without hindrance like "Plants vs. Zombies". Li Mu has high hopes for this game. In his opinion, the development space of this game is as far away as "Paradise Town". above.