Chapter 748: Even Buffett Is Interested in Friends Network
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The market has always been the rule of eighty-two.
When most of the market is occupied by oligarchs, even if other competitors enter, it will not make much waves.
Not to mention, the IP traffic of Friends.com is now 5 times that of Facebook.
Maybe Facebook still has considerable value today.
But at this time, as long as they are discerning investors, they will turn their attention to the friend network.
"Everyone, Friends.com has launched a brand new financing, and it was initiated by Friends.com. If we miss this opportunity, we may not encounter such an excellent website in our lifetime."
"Before we missed Yahoo, we missed Google, this time, we can't miss Friends."
"But now the friend network is extremely popular, and the valuation is probably..."
How to judge whether an Internet company is worth investing in. The most critical indicator is to look at the IP traffic.
Once the IP traffic reaches a certain level, he can lead an era.
Although in the eyes of many people, IP traffic and whether it can be profitable are two different things.
But that's okay.
As long as the IP goes up, he has a way to make money.
Of course, the only thing that worries them is the valuation of Friends.
Two weeks ago, Mogen had given it a valuation of $10 billion.
Well, there was also a $1 billion reduction at the time.
Now everyone knows it's a joke.
As for now, whether it is 30 billion US dollars or more than 30 billion US dollars, no one is sure.
Because, in the news they know, dozens of the world's top financial giants are already interested in them.
And it was Deiss, president of Mogen Investment Department, who arrived at the headquarters of Friends.com for the first time.
The last time he was rumored to be a joke in the industry, this time, Dyce must take down the friend network.
"Hello, I'm Dais from the Mogen Investment Department. I made an appointment with President Chen before."
"Mr. Dais, Mr. Chen hasn't arrived at the company yet. You can wait in the lounge first."
"OK."
Dais nodded and walked to the Friends Network lounge.
Of course, if it is an ordinary enterprise, Days will just leave.
Their magic root wants to invest in your business, and your boss is still late. For such a company, Mogen will never invest.
In fact, almost no founders of the companies that Mogen had invested in before dared to be late.
As for why Chen Yu was late, Dais also knew that he did it on purpose.
But even if it was intentional, Dyce knew he couldn't go now.
"Hey, Dais, you're the first?"
"Mijie, are you here too?"
"Hehe, you can come, why can't we Goldman Sachs?"
"Huh, but it's useless for you to come. Friends Network will be led by our Mogen."
"It's not certain who leads the investment, it depends on whose offer is higher."
Goldman Sachs Investments President Mijie said disdainfully.
Although the overall strength of Mogen is stronger than their Goldman Sachs, they are not much stronger.
Besides, Mogen and Friends Network had some conflicts before, and they just took advantage of this opportunity.
However, said so, but friends network is not a fuel-efficient lamp.
In the end, who leads the investment depends on whose bid is higher.
Friends will definitely choose the one with the highest offer.
Just as he was talking, at this time, there was one more person in the lounge: "So lively?"
"Black Rock."
Dess and Jamie turned around and recognized that the person was Blackstone Capital.
Both of them sank inwardly.
Although this company is not better than them in general, this company has always been generous.
As long as they are interested in companies, even Mogen and Goldman Sachs may not be able to compete.
"Don't look at me, we, Blackstone, don't have the strength to win the friend network, I just want to take 5 points."
"5 o'clock, when did your Blackstone's appetite become so small?"
"It's not that our appetites have become smaller,
But the two may not know, how many VCs will come today? "
"How many?"
The representative of Blackstone Capital extended a finger.
"100?"
"That's right."
"Oh my God……"
Dess and Jamie groaned badly.
You know, those who can come here today are not some ordinary companies.
Not some ordinary financial companies.
Companies that are interested in Friends.com also have the least capital of US$10 billion.
Higher is even more terrifying, with hundreds of billions of dollars.
When it comes to the funds they hold, some are in the trillions of dollars.
Although it can't be said that trillions of dollars they can all come up with.
But this is their strength.
It is said that even Berkshire is interested in the friend network.
Maybe you don't know what kind of company Berkshire is?
But you must know Buffett.
Yes, Berkshire is the financial and insurance investment company founded by Buffett.
The two guessed right.
After a while, a Berkshire representative did show up.
"Damn, they really came."
Dais groaned inwardly.
The stock gods have sent representatives, and this battle is worth fighting.
Of course, it wasn't just Berkshire that showed up, but a whole host of other investment firms.
Tiger Fund, Sequoia Capital, IDG, Deutsche Bank, BofA Securities...etc.
Most of them are American capital, but there are also some bigwigs from other countries.
Some are not even specialized in the investment industry themselves, such as Wal-Mart.
Do you think Walmart is just a supermarket?
Indeed, their main business is indeed a supermarket.
But everyone knows that the biggest advantage of supermarkets is cash flow.
They have terrifying cash flow.
And with so much cash flow, do you just put this money in the bank?
No no no.
Even if Wal-Mart is not a professional investment company, they will spend some of this money to invest.
For example, now, they have taken a fancy to the friend network.
Do you think companies like Wal-Mart will disappear?
Not really.
In addition to Wal-Mart, you will also see other companies that have nothing to do with investment and finance.
Like BMW, they just ran over.
Yes, it is the BMW company that makes the car.
As for whether they come to join in the fun or really want to invest, who knows.
But look at this battle.
Many business representatives are nervous.
With so many companies, the valuation of Friends.com today is not easy.
"$35 billion, or $38 billion?"
"I estimate more than $38 billion."
"I feel so too."
Before, many financial giants just put 30 billion US dollars on the friend network.
But seeing a series of giants emerge, no one had an offer below $35 billion in mind at this time.
And in practice, they feel that today's valuation may be even higher.
"$38 billion is too low, it will definitely be $40 billion today."
"40 billion US dollars, do you really dare to think? The primary market is 40 billion US dollars. If it goes public this year, it will definitely exceed 1,000 US dollars. This may be the largest IPO in North America."
"So, since you can all imagine that it will break 100 billion US dollars after the listing, why can't others think of it? What's more, look at who the previous wave was?"
Pointing to the front, a representative of a financial company whispered.
Following their fingers, many people looked towards the front.
Those in the know have already spoken out about the companies they represent.
"Microsoft, Microsoft is here."
"And Intel, Intel also wants to invest in Friends.com?"
"Well, here comes Google."
The crowd was a little excited.
They understand.
These giants in the IT industry have all come, which is enough to prove the weight of Friends.
You know, there is a fairly common law in the financial circle.
That is between the major giants. Although they are competitors, most of them hold shares in each other.
Microsoft has stock in Google, and Google has stock in Intel.
As for why?
It's actually simple.
Everyone is so awesome, I can't destroy you, and you can't destroy me.
For the future, but also to buy insurance for yourself, buying some of each other's stocks is the most appropriate strategy.
Even if my own company goes bankrupt, but I have some stocks in other companies, I can make a comeback.