Chapter 869: I Still Have an Internet Ticket

"Mr. Chen, you are a genius."

"Mr. Dais, it can only be said that you are too discerning."

"Hahaha, hahaha, anyway, come on, cheers."

On the day that Huanyu Video became the No. 1 website in the global video field, Deiss invited Chen Yu to dinner.

Of course, Americans don't have much tradition of treating guests to dinner, and they don't like treats. However, Dai Si knew that Chen Yu was Chinese, so according to Chinese rules, Dai Si invited Chen Yu to a luxurious Chinese meal. From this, it can also be seen that Deiss is extremely recognized for the recent performance of Universal Video.

As for what Chen Yu said, he has vision, although he is extremely complaining in his heart, all of them were tricked by you.

But anyway, the end result is good.

Huanyu Video’s current valuation has not only surpassed the previous $20 billion, but it has also risen a lot, reaching $30 billion.

Growing their investment by over 50% in such a short period of time is an astonishing return.

You know, their investments are not tens of millions, but billions of dollars.

The return on investment of such a large amount of capital, 10% per year is already quite amazing.

"cheers."

Chen Yu was also extremely happy to defeat YouTube.

In the previous plan, Chen Yu was also preparing for a protracted battle with YouTube.

Because in Chen Yu's vision at that time, the video website was playing the enduring station.

Just like the domestic Youku and Tudou, who have been fighting for more than ten years, no one has won, but the two have merged.

Did you think this was over?

Later, the penguin video and iqiyu continued to compete in the video section.

The two parties invest tens of billions of dollars in video every year, and there is no winner yet.

But Chen Yu didn't expect that under the application of big data algorithms, the potential he showed was so terrifying, not only did Huanyu Video rise rapidly, but it surpassed YouTube in a short period of time.

Of course, this also has something to do with competitors failing to see their core model at once.

This is the limit of the times, not this generation can break.

"By the way, Mr. Chen, when do you plan to launch Huanyu Video?"

"It's not so fast for now. It's too underestimated to go public now. Huanyu Video is far from mature. What, Dais..."

Seeing Dai Si sighing a little, Chen Yu asked, "Is there any problem?"

"There is no problem. The main reason is that you will not be listed. I guess I will have to rest for a while in the future?"

Seeing that Chen Yu didn't understand, Dais said, "Your friends.com and Huanyu Video have made our Mogen invest too much money, and my financial authority has completely exceeded the standard."

"Hehe, Mr. Dais, you can consider selling some shares, I don't mind."

Although the company is not listed, shares can still be transferred or traded.

But this time it was Dais's turn to be unwilling: "No, as you said, if we sell now, wouldn't that be a loss?"

This loss is definitely not a loss.

Whether it is Friends Network or Huanyu Video, in terms of their original investment in Mogen, now they have made a lot of money.

But they will not sell it now, and it is basically impossible for them to sell the potential shares in their hands until they are listed.

Even when it goes public, they assess that the company still has great potential, and they still won't sell their shares.

"Of course, it's not all about it. It's mainly because there are no more companies worth selling in the Internet sector. You know, I'm quite familiar with the Internet business. Since we got the last ticket for the Internet, it can be considered a success. It's over."

Although there will be a period of rest in the future, Dais is still quite satisfied.

If you can even vote for friends.com and Huanyu Video, even if you retire now, it's worth taking it out.

"This is..."

Chen Yu hesitated and looked at Dais: "Mr. Dais, if I said, I still have a ticket, would you believe it?"

"And a ticket?"

Dai Si was frightened by Chen Yu's words: "Mr. Chen, don't joke."

"I'm not kidding."

"Didn't you say that the video business is the last ticket to the Internet?"

"Didn't I say you would pay a high price?"

"I……"

At this moment, Days petrified.

Unexpectedly, after all their calculations, they were finally tricked by Chen Yu.

What's the last ticket, he meows, it's all bullshit.

However, Dyce felt a little strange: "Isn't video the last ticket to the Internet?"

Although Deiss is not an Internet practitioner, since he is an investor, he is somewhat familiar with the Internet.

Before instant messaging, portal sites, social networking sites, search engines, mailboxes, e-commerce...including some vertical platforms. These have all appeared one after another, and basically all businesses that the Internet can develop have developed. If you want to enter now, it is already as hard as the sky.

Of course, it is not without the opportunity to enter.

Either you take over the stock of other investors, or you build another website to compete with them.

Taking over the shares in the hands of others is too expensive, and they have no profit margins.

Build another platform?

Excuse me, now who can beat Yahoo, who can grab Google's market?

Who can win Amazon's e-commerce?

Therefore, the video Chen Yu said was the last Internet ticket, and his lethality was so great.

If you miss this ticket, you will miss out on the video business.

When you look back, you will have to pay ten times, or even a hundred times, the original amount.

This is very normal in the capital investment circle.

But Dess just doesn't understand, is there any other big business on the Internet besides the video business?

Dais thought about it carefully, and it seems that there is no such thing.

"Mr. Chen, do you have any other Internet projects?"

"Of course there is."

"What is it?"

"Secret."

Chen Yu smiled slightly.

How can you say such a thing?

"Mr. Chen, you are joking again."

"Just think I'm joking."

Chen Yu has not arrived yet.

What do you say about tickets?

He actually has no limits.

You say he is the last one, he is the last one.

If you say he is not, come up with a new business, isn't it not?

However, Dais was not sure, and said, "Mr. Chen, anyway, if you really have any Internet projects in the future and you need to invest, you must remember to contact me."

"Didn't you say you've run out of funds?"

"That's for others. For Mr. Chen, we will vote for you even if we take out our old bottom."

No matter if Chen Yu cheated them or not.

Deiss is a good VC manager, he only looks for results.

Even if there is a pit for them in the process, the final result is as long as they make money.

Also, this is not a pit.

It's just that they didn't see far enough.

But who's to blame?

They are just investors, how can they have such research on the Internet.

Then again, even those Internet practitioners, aren't there many who can't think of it?

"Hahaha, easy to say, easy to say."

Chen Yu laughed.

As for the projects he is going to work on in the future, Chen Yu feels that it is not enough time for now.

Again.

Now Chen Yu has a more important thing to do...