Chapter 753

Magic root gave up. Finally, Microsoft won the lead investment right of the friend network.

The so-called leading investment is to take the lead in investment.

According to the rules of friends, the lead investor can get 10% of the shares.

Based on the $57 billion valuation of friends, Microsoft will invest $5.7 billion.

"President Chen, three days later, we will sign a formal contract."

Although $5.7 billion is also a lot, Steve did not hesitate.

If they dare to bid this price, they can afford it.

Although $5.7 billion only obtains 10% of the shares, it is already a sky high price.

“OK。”

Chen Yu nodded.

He also knows why Microsoft wants to invest in friends.

Although Microsoft looks strong on the surface, it is definitely not invincible.

If another operating system rises in the future, it will pose a great threat to Microsoft.

After Microsoft led the investment, other capital followed.

Magic root didn't grab the lead investment right. They chose to follow the investment and took 5% of the shares.

Accordingly, they have to pay $2.85 billion.

However, after magic root, there was a subtle change in the whole conference room for a while.

"No, other capital hesitated."

Wang Chang screamed.

She saw the hesitation of the remaining capital.

As for the reason, it is also very simple.

Before, in the eyes of many capital, their valuation of friend network was about 40 billion.

Even higher, 45 billion dollars or 50 billion dollars, is acceptable.

But the competition between Microsoft and magic root suddenly pushed the friend network to the height of $57 billion.

Of course, such a valuation friend network is the most favorite, but for some of their capital, it may not be.

In other words, for a $57 billion network of friends, even if you occupy only one point of shares, you have to spend $570 million.

$570 million, which is not a small amount.

If converted into RMB, it is about 5 billion yuan.

For many enterprises, their entire market size is less than 570 million.

Even for some enterprises with great potential, US $570 million can win 20-30% of the shares.

But here, you take out 5 billion yuan, but you can only account for 1 percentage point.

This makes those capital hesitate.

However, although they hesitate, Microsoft dares to lead the investment, and they can't give up.

For a while, a group of capital representatives called the headquarters one after another.

"Head, the valuation of friend network exceeded our expectations."

"What is their valuation now?"

"Microsoft offered 57 billion and won the lead investment right."

"Microsoft can really report the 57 billion valuation."

"Do you want to invest?"

"Wait, let me think..."

This is the idea of most enterprises.

Although these capital are rich, they will not spend a penny indiscriminately.

"Mr. Chen, can we ask you a question?"

After thinking about it for a while, the representative of Blackstone capital suddenly asked.

"Of course."

"I'd like to ask about the current profit of friend network."

In fact, for the friend network, a group of capital is clear.

They want to invest in this website, and they have investigated this website clearly for a long time.

At present, although the IP traffic of friend network is very large, it doesn't make money.

Of course, it doesn't matter.

A lot of growth enterprises didn't make money at the beginning.

Now is not the time to pick peaches.

For this, Wang Chang, CEO of friend network, has also written in the financing manual.

All the capital recognized it.

But at this time, the representative of Blackstone capital mentioned again, obviously to hear a more accurate answer from Chen Yu.

Everyone knows that it is Chen Yu who really controls the friend network.

"In fact, this question is not a question, and the answer in your mind is clearer than me. But since the representative on Blackstone's side asked, I'll say it. Friend network has not considered profitability at present. The reason why it has not considered it is for the expansion of friend network. Blackstone's representative may think more about the potential of friend network in the future... But I think it's difficult for me to answer this question Make it clear. If you really want an answer, ask Mr. Steve of Microsoft and, of course, Google... "

Chen Yu responded with a smile.

Microsoft and magic root have followed up, and it doesn't matter whether other capital hesitates.

The combined scale of the two has reached nearly $10 billion for Chen Yurong.

Even if they don't follow, the money is enough.

However, in order to completely bind a series of global capital to the friend network, Chen Yu answered.

This answer is not actually an answer.

Because Chen Yu did not answer the questions raised by Blackstone capital.

However, although Chen Yu did not respond positively, Chen Yu's answer made Blackstone capital determined.

"Mr. Chen, we have five points with the stock."

"Welcome Blackstone capital to become a shareholder of friends."

Chen Yu expressed his thanks.

"President Chen, we also have a problem."

Perhaps inspired by Blackstone capital, Berkshire representative also asked a question.

"Excuse me."

"I don't know much about the Internet, and I don't know what social networks are. The reason why we came here is that we saw the potential of friend networks in the future. However, President Chen, can you tell us what social networks are?"

Berkshire is the investment company founded by Buffett.

It is also one of the most influential investment companies in the world.

"In fact, we have talked about what social networking is before. Maybe you think it's vague, so I'll make a score here. The so-called social product network, in my understanding, is the real world."

"The real world?"

"President Chen, isn't the Internet virtual? How is it the real world?"

"In your eyes, what you may see is a virtual world. For example, our website is an invisible network. We can only see a series of applications on the Internet, but we can't touch them. They are not real objects, they are all virtual data. But behind these data, there are incomparably real people. Without human participation, the Internet is a dead network Without human participation, social networks no longer exist. The reason why our friend network has developed so fast is that our social network has further realized the virtual attribute of the Internet. We have made everyone feel a more real, more image and more social site. Here, I can say that you will be with us in the next five years The social circle in Youwang is your circle of friends in the real world in the future... "

The answer made everyone applaud.

This is the most perfect explanation for social networks they have ever heard.

This explanation not only vividly explains what social networks are, but also further explains the importance and future potential of social networks.

Why are they here?

Don't you see the potential of the friend network?

What Chen Yu said further magnifies this potential.

Originally, in their eyes, friend network is a product that will be side by side with internet giants such as Yahoo and Google in the future.

But from Chen Yu's mouth, they found that the future friend network will definitely surpass Yahoo and Google.

At least, in terms of storytelling, the story of friends is bigger than Yahoo and more colorful than Google.

For such a website, do you have any hesitation?

Of course, the reason why Chen Yu answered this was that he also understood it very well.

If you want capital money, it depends on whether your story is big enough?

Your story is average, and the amount of financing is absolutely average.

Your story is about the top in the country, so your financing amount is also the top in the country.

If your story is world-class, your amount of financing will be world-class.

And your story is about breaking through the earth, then your financing limit will also break through the earth

"We're following Berkshire."

Berkshire representative said firmly without any hesitation.

"We also follow."

"We follow."

"We follow."

The remaining 30% of the shares were immediately followed and invested by a series of capital parties.

A few days later, friends signed formal contracts with various capitals.

At the same time, 40% of the shares and US $22.8 billion also entered the friends account.

Friends network has created the history of global financing in one fell swoop