Open business day-to-day

Chapter 378 Acquisition Conditions
Eleventh Golden Week passed by in a hurry, and work officially started.

Lin Rui approached Shang Yansong to discuss recruitment, or find headhunters, dig a few top talents who are proficient in operations and build video websites, and officially enter the video website.

At the same time, the company has also started to build a mobile social team. After the successful acquisition of WhatsApp, it will be responsible for the localization of WhatsApp.

The contact with the Los Angeles branch of Cheung Kong Industrial has also officially started, and the feedback is not bad so far.

For such a large industry, not many people in Los Angeles have the strength to take over, and even fewer are interested.Except for those small real estate companies who want to take a risk, Weiyang Technology is the most suitable among so many companies they have contacted.

Therefore, after knowing the purpose of Weiyang Technology, Cheung Kong Industrial was also very active.At present, apart from some objections to the purchase price, there are basically no obstacles in other aspects!

If all goes well, Weiyang Technology will soon have a new headquarters building.

After Lin Rui finished dealing with the backlog of work during the [-]th Golden Week period, the secretary Shen Fei over there sent a few more pages of documents.

"Mr. Lin, this is the due diligence that Mr. Zhao just made, and the next few start-up companies that will be invested in."

Lin Rui nodded, opened the file and flipped through it.

A question-and-answer website called Zhihu was established last year and was officially launched in January this year.

This is very similar to Weibo Q&A, but the threshold is higher. At present, registration is not open to the public, and the registration method is an invitation system.

The slogan is to allow people to better share knowledge, experience and insights, appear more professional.

Not to mention, Lin Rui really has an impression of this website. Some time ago, someone gave him several invitation codes. Lin Rui was a little curious and tried to register one.

There are not many registered users on the website, but the answers to various questions are indeed very professional.

Since it has characteristics and advantages, it doesn't hurt to invest in it.

The other is a video website called Berry Berry, which was established in 09. It is mainly engaged in the creation and sharing of ACG animation, comics, and game content. The two-dimensional attribute is relatively strong.

According to the company's plan, the future wants to revolve around users, creators and content.It has built an ecosystem that continuously produces high-quality content and connects multicultural communities with multiple interest circles.

Lin Rui also has some impressions of this website. Some two-dimensional content creation bloggers on the Weiyang Weibo platform seem to be Up hosts on Berry Berry.

He often sees these bloggers promoting fans to follow their Berry Berry accounts on Weibo.

Allowing these bloggers to bring their own traffic and promote themselves, it seems that this website does have a lot of potential.Weiyang Weibo also gained a firm foothold at the beginning by relying on the drainage of web writers.

If so, vote for it...

Next, there are two other companies' information, but Lin Rui has no impression of them.Now that the due diligence has passed, let the strategic investment department make the decision.

After reviewing the investment report at hand soon, he thought of another question. After this shot, the investment task should be completed.

In November last year, he received his first investment assignment, requiring him to invest in ten start-up companies within half a year, but he completed it in two to three months.

Then came a new task, requiring him to invest in 28 start-up companies within a year, and now it is 30/[-], only two short.

After officially investing in Zhihu and Berry Berry, the task will also be completed.

I wonder if there will be a bigger investment task after the completion of this investment task?
……

On October [-]th, the "Youyi" live broadcast platform under Weiyang Technology was officially launched.

Sun Yutong, as the person in charge, has clearly prepared for this day, not only the hundreds of anchors from Qingman Media, but also settled in Youyi Live.

During this period of time, she has also invited many Internet celebrities to live on the Weiyang Weibo platform.

At ten o'clock in the morning, Youyi live broadcast was officially launched. According to the plan made in advance, more than 300 anchors started the live broadcast at the same time.

At the same time, Weiyang Weibo, Shangdong music platform, Zhongyou platform, Weiyue Chinese website...

Many publicity channels under Weiyang Technology started large-scale publicity and drainage of Youyi live broadcast at the same time.

In addition, Weiyang Technology spent more than 3000 million yuan to promote Youyi live broadcast on the entire network for a period of three days.

At the same time, the company's navy team is not idle, and Weiyang Technology's launch of Youyi's live broadcast is even more heated, becoming a hot search and hot news on many platforms.

Therefore, "live broadcasting", which is still an unpopular industry in China and only a small number of netizens know about entertainment, entered the mainstream media and the vision of many netizens for the first time.

Many netizens who are curious about the live broadcast and want to try it out, under the enthusiasm, also entered the Youyi live broadcast to watch the rare ones.

With the blessing of so many publicity and distribution resources, more than 3000 million netizens flooded into Youyi Live that day, although many of them were just tourists and did not have registered accounts.

However, on the first day of its launch, the registered users of Youyi live broadcast platform reached more than 500 million.

It can be said that it is an excellent start.

At noon, Lin Rui came home from get off work and turned on Youyi's live broadcast.

This way of entertainment made him feel quite fresh. In order to enliven the atmosphere, he supported his newly launched live broadcast platform, and first recharged 100 million to the account.

Then I started to wander back and forth in the live broadcast room one by one, and when I saw something pleasing to the eye and interesting, I gave some gifts like airplanes and rockets.

The Youyi live broadcast platform has just been launched, and there are very few local tyrants throwing money everywhere. Lin Rui's behavior made him instantly gain a lot of attention.Listening to the anchor's compliments in different ways, I still feel very good.

I watched it for more than an hour, and the gift was over 80. The freshness of watching the live broadcast has passed, and it doesn't make much sense after thinking about it.

Then close the live broadcast platform, and the experience ends.The important task of watching the live broadcast is still left to the gang of sand sculpture netizens, I just wait and count the money!

Fast-forward three days, with Weiyang Technology consuming a lot of resources and promoting it on a large scale, the number of registered users of the Youyi live broadcast platform exceeded 1000 million without any surprise.

Instantly caught up with YY live broadcast and became the first echelon of domestic live broadcast platforms.

The next step is to polish the team, polish the platform, and experiment with various gameplays.Lay a solid foundation and prepare for the popularization of smart phones and the large-scale market explosion in the future.

……

With the launch of Youyi's live broadcast platform, the operation team of the video website was also quickly set up.The development of the website will also be responsible for the deployment of capable personnel from various R&D centers.

There are also several alternative names for video websites, such as "Youshi", which is in the same line as the live broadcast website Youyi. There is also a video website called Youku in China.

There is also "Wei Shi". Since the release of Weibo, software beginning with Wei is particularly popular in China. This is obviously the case with Wei Shi. It sounds catchy and not bad.

Regarding the selection of the name of the video website to be launched, "Youshi" and "Weishi" are the two most supportive.The popularity of the remaining candidate names has fallen by a bit.

Not surprisingly, the name of the video website that will be launched in the future will be chosen between "Ushi" and "Weishi".

……

The acquisition of WhatsApp has gone smoothly, and negotiations have entered the late stage.The entrepreneurial team has no resistance to the acquisition, but said that after the acquisition is completed, they want to stay in the company to be responsible for the operation of WhatsApp.

Lin Rui naturally has no objection to this. The founders of WhatsApp all resigned from Yahoo in those years, and they are able to develop and grow the company all the way. Naturally, their abilities are excellent.

With such a rich development and operation experience team, he naturally does not intend to miss it.

This point is different in China and abroad. After a domestic company is acquired, it instantly becomes a billionaire. Whoever wants to work for others will simply resign or continue to start a business.

After many foreign companies are acquired, many founder teams will stay.

Just like the current WhatsApp, without Lin Rui's intervention, it would be acquired by Facebook at a sky-high price of US$190 billion in the future.

After the completion of the acquisition, the founder of WhatsApp was worth billions of dollars in an instant, and was listed on the Forbes rich list, but he still willingly stayed at WhatsApp and continued to be responsible for the operation.

In a few years, he helped Facebook expand WhatsApp from 20 to [-] million users to more than [-] billion users worldwide.

It has more monthly active users than Facebook, ranking first among all social networking sites in the world, while WeChat only ranks third.

After four or five years of working at Facebook, Zuckerberg couldn’t accept the addition of large-scale advertisements in WhatsApp, which destroyed the minimalist style of the software, so he quit his job and started to become his rich man.

Today, Lin Rui made the acquisition in the early stage of WhatsApp development. The wave of mobile Internet has just arrived, smartphones have not yet been popularized on a large scale, and WhatsApp is also on the eve of a large-scale explosion of users.

Of course, the acquisition amount cannot reach the exaggerated level a few years later.

After the completion of the acquisition, the founder team, which is still a little far from the rich, will have much less willful capital, and the probability of leaving the company will be even smaller.

……

The acquisition price of WhatsApp now has an approximate standard.Weiyang Technology has raised the acquisition offer to [-] million US dollars.The founder team has already planned to accept, but Sequoia Capital still wants to make the offer a little higher.

For this point, Lin Rui can also understand that, as an early investor in WhatsApp, he naturally hopes for higher investment returns.

Moreover, Lin Rui has now learned another piece of information. Sequoia Capital is not only WhatsApp’s A-round financing party, but also invested $800 million in WhatsApp in April this year.

Sequoia Capital is actually an angel round investor in WhatsApp.At the beginning of last year, it invested US$15 in WhatsApp, which was still in its infancy and had only a few hundred thousand users.

$15 may seem like a small amount, but as one of the seeds that Sequoia Capital cast a wide net, it has indeed planted wonderful fruits for them.

As the financier of WhatsApp’s Angel round and Series A round, Sequoia Capital has considerable influence in WhatsApp, and his opinion is very important in this acquisition.

However, Sequoia Capital obviously did not intend to make too much fuss about the acquisition offer. According to WhatsApp’s operating data and poor revenue, in the absence of external competitors, Wei Young Technology’s offer is already very conscientious.

Sequoia Capital is playing another idea, wanting Weiyang Technology's future investment tickets.

With the launch of Weiyang Technology's various projects, all kinds of big money.The company's scale is getting bigger and bigger, and its domestic influence is getting bigger and bigger. It is already a unicorn company that makes all venture capital institutions envious.

Moreover, it is currently the largest unicorn company in China.

Many venture capitalists are waiting for the financing of Weiyang Technology, and they all want to have an admission ticket.With the current situation of Weiyang Technology and its popularity in the capital market, it is very difficult to get admission tickets.

Sequoia Capital naturally also wants to enter the market. Although they have good strength, there are too many top investment institutions that want to enter, and their chances are not high.

Weiyang Technology's acquisition of WhatsApp is an excellent bargaining chip and a good time.

Of course, all of this depends on the attitude of Weiyang Technology. As long as they can give them an entry ticket for future investment, everything will naturally be happy.As for the acquisition of WhatsApp, with their promotion, it is naturally not a problem.

Even Goldman Sachs is thinking about it.

After all, the acquisition is an American company, and it has more than 5000 million users around the world. The review process still needs to go through, which usually takes several months.

According to past cases in China, even if the acquisition can be completed, it can be delayed for a year and a half with a slight delay.Lin Rui was naturally unwilling to wait for such a long time. What if there was an accident in the middle?
This has also become an opportunity for Goldman Sachs.

Goldman Sachs made it clear that if you want to quickly pass the review and go through the procedures, it is not impossible!

As long as Weiyang Technology gives Goldman Sachs a ticket for future financing, all these problems will not be a problem.

With their operation, the review and various procedures of the acquisition of WhatsApp can be handled by Weiyang Technology in a very short period of time.

Weiyang Technology only needs to pay a future financing ticket, and the rest depends on Goldman Sachs' own ability.

At the same time, they also said that they are very professional in helping companies go public. In the future, Weiyang Technology will be listed with financing, and they are also honored to be the stock underwriter.Of course, this is not a condition, it's just a casual advertisement.

Regarding their conditions, Lin Rui agreed after consideration, although even he didn't know when Weiyang Technology would start financing and when it was going to go public.

But as an Internet company, how much money can it earn on its own.The money collected after listing, and its own market value, are the real high.

As the scale of Weiyang Technology is getting bigger and bigger, it is indeed necessary to prepare for the future listing.

And if you want to go public, finding a few cornerstone investors to enter the market is also the current mainstream.Take out a small part of the shares for financing and attract these large investment institutions to enter the market.

Next, the various procedures and operations of the listing can be very smooth with their assistance.

This is just one of them. The entry of these investment institutions with huge funds also has the effect of supporting and raising the stock price.

Those high-tech companies with high market capitalization are mostly supported and optimistic by large capitals. They plan to hold them for a long time, continue to be optimistic and buy!

After financing, it is not only conducive to listing, but also gets a higher valuation.It can also obtain a huge cash flow and accelerate the company's development.

As for which venture capital to introduce, Lin Rui didn't care too much, it depended on which resource was more suitable to his taste.

The same is true for Goldman Sachs and Sequoia. Even if they are given tickets, if the conditions and resources offered are not comparable to those of other institutions, they still cannot get on the bus.

This is the same for any company!
The introduction of external shareholders is of great benefit to Weiyang Technology's entry into the international market and can reduce many unnecessary troubles.

We also need to pick a good time to start financing for Weiyang Technology, and there is no need for financing at present.

After Lin Rui plans to acquire WhatsApp, he will first invest large-scale resources and financial resources to promote it, fully demonstrating the potential of this software.

Correspondingly, the valuation of Weiyang Technology will also usher in a surge.

At least, after Weiyang Technology’s financing starts, according to the valuation and your own shareholding, not to mention the richest man in the world, it’s no problem to be the richest man in China or Asia!

(End of this chapter)