Rebirth 1984: Starting with the development of Hanka

Chapter 233: Sky-high Price Financing (Page 12)

"Mr. Tang, our company can accept the 'one share multiple votes' equity structure!"

"Our company can also accept it!"

"..."

Representatives from major investment companies spoke in agreement.

In this way, even if the Wujiang Group holds a small amount of shares, it can still firmly control the Wujiang Portal.

When Tang Letong heard this, he couldn't help but continued: "Okay, since everyone accepts the 'one share, many votes' equity structure, then we can proceed with the discussion. This time, 30% of the shares will be sold in the Series A financing of Wujiang Portal. The website The valuation should not be less than US$200 billion. You can start bidding on site, and our company will make a comprehensive consideration based on your company’s investment situation and background strength.”

It is relatively normal to sell 30% of the shares in the A round of financing. After all, there will be many rounds of financing in the future. By then, Wujiang Group's shares in Wujiang Portal will be greatly diluted.

At this time, the atmosphere in the conference room was tense.

There are more monks than meat, and there is competition among more than a dozen investment companies, so it is impossible to distribute the funds equally.

If you can stay in the current investment company, its strength is relatively large, so your appetite is also very big. Who is willing to only take 2% to 3% of the shares?

Therefore, it is best to drive out other competitors and eat alone.

After a moment of silence, an investment company soon made an offer.

“Morgan Stanley values ​​the Borderless Portal at US$210 billion and hopes to obtain 20% of the equity!”

As soon as these words came out, the people next to him were not happy.

Why do you, Morgan Stanley, want to take 20% of the shares? Then we are all watching the show.

Immediately, major investment companies raised their prices one after another.

Amid the quarrel, the valuation of Wujiang Portal soared!

Speaking of which, Yahoo's website is not as powerful as Wujiang Portal. First of all, let alone the rapid globalization of Wujiang Portal, the huge success of the business model alone is not comparable to Yahoo.

And a very important point is that Wujiang Group dominates the development of the Internet, and Wujiang Portal is one of the industries of Wujiang Group. I wonder, do other portals still have opportunities?

In 2000, Yahoo's market value was as high as $1300 billion.

A valuation of just 20 to 30 billion US dollars is actually nothing.

If Wujiang Portal had not been able to enter the US market now, its market value would have doubled.

讨论了一个多小时,最终有四家公司高盛集团、红杉资本、摩根士丹利、巴克莱银行接受无疆门户网站300亿美元的投后估值,分别持股10%、8%、7.5%、4.5%。

In other words, these four companies will have to spend a total of US$90 billion.

Generally speaking, Wujiang Portal can get so much money at once that it is impossible to spend it all.

Websites can burn money for a long time.

……

On the same day, Tang Letong signed a financing agreement with the four major investment companies on behalf of Wujiang Portal, and held a press conference to announce that Wujiang Portal successfully completed Series A financing.

Boy, the reporters were stunned.

A portal website has less than 300 employees worldwide, and its market value is as high as billion U.S. dollars. This is still Series A financing, which is simply terrifying!

"Oh my God! Are all the capital crazy? They gave Wujiang Portal such a high valuation?!" A reporter was stunned, with a look of disbelief on his face.

You know, Wujiang Portal was established less than two years ago, and its valuation is as high as 300 billion U.S. dollars. There is no such awesome company in the world.

Compared with the Borderless Portal, Apple and Microsoft back then were far behind.

For the reporters' consternation, Goldman Sachs Group, Sequoia Capital, Morgan Stanley and Barclays, which received investment, were delighted.

You know what, as long as the Internet develops, the scale of Wujiang Portal will become larger and larger, with a market value of more than 1000 billion US dollars, which is just around the corner.

In addition to Barclays Bank, which is a British company, Goldman Sachs Group, Sequoia Capital, and Morgan Stanley are all well-known investment companies in the United States. They have huge influence in the United States and have the ability to promote the Borderless Portal to enter the U.S. market and even appear on Nasdaq. Listed.

Zhao Ye certainly hopes that Wujiang Portal can enter the US market. Even if it accepts more US capital to invest in Wujiang Portal, he will accept it.

It’s just a portal website. Yahoo is down, and the portals of Sina, NetEase, and Sohu are all down...

As long as the control of Wujiang Portal is firmly in the hands of Wujiang Group, it can take the opportunity to lay eggs and incubate search engines.

For example, the search engine currently used by Wujiang Portal is provided by Baidu.

At present, people only see the glamorous appearance of the portal website, but ignore the role played by search engines.

In fact, who would have thought that when search engines became independent, they would overturn the status of portal websites.

At least, no one except Zhao Ye would think of this at present.

Therefore, the Wujiang Portal can continue to defraud investors’ money, and will defraud American investors’ money in the future.

……

As the news that the Borderless Portal raised US$90 billion spread around the world, it caused a huge sensation.

Almost all major media around the world are reporting on this matter.

It can be said that the Series A financing of Wujiang Portal has aroused heated discussion among the people.

Even in areas where the Internet is barren, people who have never seen the Internet are discussing it curiously.

The Wujiang Portal website has created a miracle that has attracted worldwide attention, and countless people have turned their attention to it.

There are countless envious and jealous people around the world.

In less than a month, thousands of portal companies were registered around the world.

At the same time, other portals with far lower traffic than Wujiang Portal have seen their valuations skyrocket and have also received financing.

Suddenly, Internet concept stocks suddenly emerged!

Of course, the websites with the highest value are those owned by Wujiang Group.

Not only because these websites were launched first and have the most users, but also because they all belong to a group company and can work together.

Wujiang Group also controls the world's largest ISP company, the world's largest Internet cafe chain, the computer operating system with the largest number of users in the world, the IE browser with the world's monopoly advantage, etc...

Just ask, how can others compete?

Seeing this, I'm afraid I'm already trembling.

Fortunately, Wujiang Group is not taking advantage of its own advantages to suppress other websites.

However, with the "Dragon Slaying Knife" in hand, you can scare your competitors.

The valuation of the websites owned by Wujiang Group plays a huge role.

……

Tang Letong smiled and said: "Boss, we have raised US$90 billion in one go, how should we spend it?"

Zhao Ye couldn't help laughing when he heard this.

90 billion US dollars is indeed difficult to spend.

Zhao Ye thought for a while and said: "First provide a wave of benefits to employees, increase wages and bonuses, and then invest in building a headquarters building in China. It will be larger in scale and better in environment. It will cost hundreds of millions of dollars. And At the same time, physical offices could be built around the world..."

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