Chapter 610

"10 billion?"

Hearing this number, Shi Yuzhu took a breath.

It is impossible to say that the figure of 10 billion is not exciting for Shi Yuzhu.

Even if shi Yuzhu thinks he is a genius, he has realized wealth and freedom.

However, the wealth of hundreds of millions of assets is not comparable to that of others who earn 10 billion a year.

It's like the difference between small assets and the world's richest man.

Of course, he doesn't think Chen Yu is bragging.

Although Huanyu technology has not released their specific annual report, it has several 1 million online games at the same time, which has proved their profits in online games.

If Chen Yu's assets are exposed now, or if Huanyu technology is listed.

Then Shi Yuzhu believes that Chen Yu is definitely the richest man in China.

In fact, not just them, even if there is only a game with hundreds of thousands of online games at the same time, they have made a lot of money.

Netease makes a lot of money by talking about its journey to the West.

Nine cities also earn a lot by miracles.

The grand legend has always been their cash cow.

Even the average Jinshan swordsman's love makes a lot of money.

However, although his heart is very excited, Shi Yuzhu is not such an easy believer.

He was thinking, why did Chen Yu come to him today?

Do you really want to talk about school feelings with his senior brother.

How is that possible.

"President Chen, why did you tell me this?"

Chen Yu takes Shi Yuzhu as his senior brother, but Shi Yuzhu doesn't care so much about calling Chen Yu his junior brother.

For the arrival of Chen Yu today, he is actually very alert.

"It's very simple. I just want to say that playing games is very profitable. Why not play games?"

"You mean I don't want to be a 51 net?"

"Almost. The strength of game making is 100 times that of 51. It doesn't matter whether 51 does it or not."

Looking at Chen Yu, Shi Yuzhu pursed his lips: "President Chen, if I expected it to be good, you seem to be launching a social networking website similar to our 51 network."

"It seems that president Shi is well informed."

Chen Yu didn't hide it and nodded directly.

In a few days, YY space will be officially launched.

"Hehe, President Chen, the purpose of your coming to me today is not simple."

Shi Yuzhu smiled.

Sure enough, it's not a good thing for Chen Yu to find himself today.

However, Chen Yu underestimated him.

Although Huanyu has strong scientific and technological strength, he is not frightened by Shi Yuzhu.

"Elder martial brother seems to be very wary of me."

Chen Yu was helpless.

Indeed.

As a competitor, Shi Yuzhu will believe him.

Besides, it doesn't look good to say so.

Games are more profitable.

But it seems too arrogant to let others give up what they are doing now.

"Forget it, senior brother. Think about it."

Knowing that this matter could not convince Shi Yuzhu, Chen Yu would not say more.

However, before leaving, Chen Yu asked, "elder martial brother, is website content important or channel important?"

"Of course, the content is important."

Shi Yuzhu said directly: "a website without excellent content is impossible to retain users."

"That makes sense."

Chen Yu nodded: "but it also depends on the situation."

"In a relatively mature field, of course, content is becoming more and more important. However, in a new field, the most important thing at the beginning is often the channel."

This is a view mentioned in previous generations - "channel is king".

To put it more clearly, that is, whoever controls the flow has the right to speak.

Of course, the channel is king is not invariable.

In the era of Internet becoming more and more mature, content will exceed channels.

But in the era of 2004, it can be said that channels are better than all content.

However, obviously, in the early days of the Internet, many people wanted to verify whether this was right or not.

After meeting Chen Yu, Shi Yuzhu returned to network 51.

Moreover, on the same day, he held a meeting of the company's senior management.

At the meeting, Shi Yuzhu told everyone about his meeting with Chen Yu.

All the top leaders are serious.

Whether Chen Yu is right or not, Huanyu technology is the most powerful competitor they have encountered.

Nevertheless, Shi Yuzhu did not panic.

Although Huanyu technology is powerful, it is not invincible.

The current 51 network has accumulated a certain number of users and has formed a small reputation.

And because it is positioned in the social network, the development of 51 network is simply explosive.

Through word-of-mouth, 51 network has received a lot of capital attention.

Shi Yuzhu didn't particularly want to raise money before. Now he can meet these capital.

As long as the 51 network is financed, he can have a good fight with Chen Yu.

He doesn't believe it. If they go first, will they win Chen Yu?

However, although Shi Yuzhu thought of financing, Shi Yuzhu is not an ordinary enterprise manager.

He knows the operation of capital and the unique attraction of China's Internet.

To this end, Shi Yuzhu contacted several venture capital companies.

Softbank, Goldman Sachs, Sequoia Capital, digital PCCW... And so on.

These capital have invested in a large number of Internet enterprises in China and obtained rich returns.

For 51 network, a group of capital is also very interested.

But it is clear that Shi Yuzhu is not a novice in capital.

Under the double capital operation of Shi Yuzhu, Goldman Sachs finally decided to invest 300 million yuan to obtain 30% shares of 51.com.

This is also equivalent to the valuation of 51 networks close to 1 billion.

It should be said that this valuation is high.

Although the 51 network performed well, it was not established for a long time.

But the recent growth rate is very obvious.

But even so, the valuation of RMB 1 billion is also high.

But the Internet is like this.

The valuation of high growth enterprises must not be low. Once missed, there will be no chance to get on the bus.

Moreover, the Internet in China has developed rapidly in recent years. Looking at their performance in recent years.

As long as they have invested, they all perform well.

Shanda, in particular, has recently launched the NASDAQ roadshow.

Once listed successfully, they will get a huge return on investment.

However, just as Goldman Sachs was preparing to sign a formal investment contract with Shi Yuzhu, Huanyu technology released their YY space business.

According to the regulations of Huanyu Technology: all YY instant messaging users can get an exclusive space.

The space can upload diaries, photos and interactive messages with other friends.

Of course, you can also create a more personalized exclusive space.

ok

In fact, many people didn't know what this YY space was for at the beginning.

However, Internet products have always been simple and easy to use.

Although I don't know what this thing is, just click to enter and grope a little.

As for if you don't understand.

It doesn't matter.

Look at your friend's space and you'll know how to operate it.

……

"John, let's go earlier today and give them a good impression."

"Boss, does 51 net really have such great potential?"

"Of course, look at the recent development of Facebook. I can tell you that 51 is China's Facebook."

"Ron", head of Goldman Sachs Capital China, sorted out the documents and confirmed that there was no problem, so he was ready to go.

Although the investment valuation is slightly larger this time, it is also worth it.

Especially when he thought of Facebook, Ron thought it was a once-in-a-lifetime opportunity.

However, just as Ron was going to the hotel to sign with 51 network, the Secretary suddenly came.

"First, Huanyu technology has launched a business called YY space."

"YY space?"

"Yes, this service is basically the same as 51 network positioning."

"This..."

Ron was stunned at the news.

Then he quickly opened his laptop and personally experienced YY space.

"Give a call to network 51 and say to suspend the signing arrangement this time."

Close your eyes, Ron said helplessly.