Chapter 749: Valuation Explosion: $50 Billion

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The most typical example of this is Yahoo.

Although Yahoo in the previous life was finally beaten by a group of rising stars, but even so, Yahoo is still very good.

As for how arrogant?

That's because they invested in Alibaba.

In addition, they have 35% of Yahoo Japan stock.

If nothing else, the two companies alone have a market value of more than $40 billion.

Although in the end Yahoo was sold for $4.8 billion, it was only the North American Yahoo for sale.

As for a series of companies that Yahoo has invested in, they have formed a new Yahoo company, which is still a party force.

"Mr. Chen, most of the capital has arrived."

In the office, Wang Chang introduced the situation outside to Chen Yu.

In fact, Chen Yu had already arrived at the company, but he just didn't come out for the time being.

Things are looking good now.

Friends.com has indeed attracted countless capitals and giants around the world.

Especially seeing Berkshire, Microsoft, Intel...their arrival, Chen Yu knew that the valuation of Friends.com could not be low this time. Maybe, if one is bad, it can surprise Chen Yu.

"Okay, let's go."

Without letting them wait any longer, Chen Yu came to the meeting room of Friends.com.

This conference room was not that big at first.

But for this financing, the entire conference room temporarily requisitioned the original hall.

But even so, with so much capital gathered together, it still seems a little crowded.

However, Chen Yu wanted this effect.

"Welcome to the Friends Network, I'm Chen Yu."

Facing the crowd, Chen Yu introduced to everyone with a smile.

Many people in the audience know about Chen Yu.

Even if you don't know it, you have also checked the information before investing in the friend network.

Although Friends.com is registered and established in North America, it is a subsidiary of Huanyu Technology in terms of financial relations.

And Huanyu Technology has done a great job in the Internet in China.

Unexpectedly, miracles are also being staged in North America now.

The point is, this guy is still very young.

But they are no stranger to it.

The Internet is a place full of legends, and many Internet giants were very young when they became famous.

Jerry Yang of Yahoo, Zach of Facebook.

All right.

It is estimated that Facebook will be hanged and beaten by the friend network in the future.

"I believe everyone already knows the general situation of our friend network, so I won't say more. At present, our friend network will take out 40% of the shares for financing. Of course, I know that so many shares cannot be won by a company. Therefore, before this financing, I am going to find a lead investor. The lead investor can monopolize 10% of the shares, and the remaining 30% of the shares will be distributed according to the specific situation. But the remaining shares, any single-subject institutional capital You can only enjoy a maximum of 5 points of financing power.”

Friends.com had a financing before.

That financing was an angel round.

In fact, the financing friend network was not short of money for the time being. As for the financing, it was to get the support of Bain Capital.

Later, the market value of Friends.com continued to explode, and Chen Yu began to buy back Bain Capital's shares.

From that time, Chen Yu made a lot of money, and Bain Capital also made a lot of money.

But now, the representative of Bain Capital has been hiding in the corner and crying secretly.

They just sold the shares of Friends.com back to Huanyu Technology on the front foot, and they want to get it back on the back foot.

If it's a normal business, it's fine.

Lose some at most.

But at this time, if they really want to get back the shares originally held by Bain Capital, they will spend at least several billion more.

And it's dollars.

"Mr. Chen, we, Mogen, are very interested in Friend.com, and we are willing to be the lead investor."

Friends.com has a valuation of tens of billions of dollars, and there are so many powerful bigwigs, everyone knows,

A company cannot afford it.

But since they can't win, everyone wants to own the most shares.

undoubtedly.

If they can become the lead investors of Friends.com, they can take up to 10% of the shares.

Therefore, after Chen Yu finished speaking, Dai Si was the first to speak.

"Wait, we at Goldman Sachs would also like to be the lead investor."

After Deiss finished speaking, Goldman Sachs Investment Department President Mijie also said that not to be left behind.

"Mijie, do you want to fight us?"

"It's not that I want to fight with you, but everyone wants to fight with you."

Midge spread his hands.

He knew the purpose of Chen Yu calling everyone here today.

It's just for everyone to fight.

Although all the capitals saw what Chen Yu meant, which one was willing to back down?

If you back down, you will lose the opportunity to invest in Friend Network.

Moreover, the capital forces of all parties have different ideas, and it is difficult for them to gather together to put pressure on Chen Yu.

Well, it's impossible to apply pressure at all.

With the current IP traffic of Friends.com, it is actually Chen Yu who is putting pressure on them.

If you hesitate any more, in a few days, will it not be the same price?

Don't blame Chen Yu for not reminding you.

At that time, Chen Yu reminded Mogen.

But Mogen doesn't take him seriously, it's alright now.

It's nothing but billions of dollars more.

"We Sequoia are also very willing to be the lead investor."

Sequoia Capital representatives followed suit.

"We at Berkshire would like to be the lead investor in Friends."

Well, the Buffett phalanx came out.

"We at Microsoft are also very interested."

"Hehe, we at Intel would also like to cooperate with friends.com."

A group of capital giants have expressed their wishes.

Of course, there are other capitals, and they actually want to be the lead investor, but they chose not to speak at this time.

They know that even if they say it, they have no chance at all in the face of some of the world's top capital.

for example.

So much capital is interested in Friends.com, who will be the lead investor?

Is it to let them fight?

Everyone is Sven, how could they fight.

But there must always be a lead investor.

Then, whoever gives a high valuation will be the lead investor.

"Mr. Chen, we think Friends is valued at $39 billion."

Dess, President of Mogen Investment Department, knew that it was useless to say these things, but it was still true to show his strength.

"We think Friends can be valued at $40 billion."

Goldman Sachs didn't give Mogan a chance at all, and they added another billion to the $39 billion base.

It directly broke the $40 billion that everyone was talking about before.

"We at Intel offered $41 billion."

"We at Berkshire bid $42 billion."

"We at Microsoft offered $43 billion."

Many capitals have quoted their own prices.

Of course, the valuation they reported was not really about tens of billions.

If you really want to come up with tens of billions of cash flow, even for some of their top capital, there are difficulties.

But if they only need 10% of the shares, that's only a few billion dollars.

There may be some difficulties with tens of billions of dollars.

But billions of dollars are really not a big problem for them.

then.

Next, these top capitals started a price increase one after another.

"$44 billion."

"$45 billion."

"$46 billion."

She screamed wildly all the way.

The original valuation of 40 billion US dollars actually called 50 billion US dollars.

Off the field, there are still two teams fighting.

The family is the root of the devil who won't let go even if he was killed before.

The other is the software overlord Microsoft.