10 billion? "
When Shi Yuzhu heard this number, he gasped.
It was impossible for Shi Yuzhu to not be tempted by 10 billion.
Even if Shi Yuzhu thought that he was a genius and that he had achieved wealth freedom.
However, this wealth of a few hundred million yuan was nothing compared to the 10 billion yuan that others earned in a year.
It was like the difference between a small fortune and the world's richest man.
Of course, he didn't think that Chen Yu was bragging.
Even though Huanyu Technologies didn't publish their annual report, they had several games that cost one million at the same time. This was enough to prove their profits in the online game industry.
If Chen Yu's assets were exposed, or if Huanyu Technologies went public …
Shi Yuzhu believed that Chen Yu would definitely be the richest man in the country.
In fact, it wasn't just them. Even a game with a few hundred thousand players online at the same time was already very profitable.
NetEase made a lot of money by bragging about Journey to the West.
Jiucheng also made a lot of money by relying on miracles.
Shengda's legend had always been their cash cow.
Even the average Jinshan Swordsman Love Fate made a lot of money.
However, even though he was extremely excited, Shi Yuzhu wasn't someone who would easily trust others.
He was thinking, why did Chen Yu come to him today?
Did he really want to talk about school with his senior?
How was that possible?
"Boss Chen, why are you telling me this?"
Chen Yu called Shi Yuzhu his senior, but Shi Yuzhu wasn't so generous as to call Chen Yu his junior.
Regarding Chen Yu's arrival today, he was actually still extremely vigilant.
"It's very simple. I just want to say that games make a lot of money. Why not make a game?"
"You mean you don't want me to make 51net?"
"Something like that. Games make 100 times more money than 51net. It doesn't matter if 51net does it or not."
Shi Yuzhu looked at Chen Yu and pursed his lips. "Boss Chen, if I'm not wrong, you guys are going to launch a social media site similar to 51net."
"Looks like Boss Shi is well-informed."
Chen Yu did not hide anything and nodded directly.
A few days later, YY Space would be officially launched.
"Hehe, Boss Chen, you didn't come to me for a simple reason."
Shi Yuzhu smiled.
Sure enough, Chen Yu didn't look for him for anything good today.
However, Chen Yu had underestimated him.
Although Huanyu Technologies was very powerful, Shi Yuzhu was not one to be intimidated.
"Senior Apprentice Brother, you seem to be very wary of me."
Chen Yu felt helpless.
Indeed.
As a competitor, there was no way Shi Yuzhu would believe him.
Moreover, it seemed that he was harboring ill intentions by saying this.
Games were more profitable.
However, it seemed a little too arrogant to ask others to give up on what they were doing.
"Forget it. Senior Brother, think about it carefully."
Knowing that this matter could not convince Shi Yuzhu, Chen Yu did not say anything more.
However, before Chen Yu left, he asked, "Senior, is the content more important or the channel more important?"
"Of course the content is important."
Shi Yuzhu said directly, "A website without excellent content will not be able to retain users."
"That makes sense."
Chen Yu nodded. "But it also depends on the situation."
"If it's in a relatively mature field, the content will of course become more and more important. However, in a new field, the most important thing in the beginning is often the channel. "
This was a point of view mentioned in his previous life — "Channel is king".
To put it more clearly, whoever controlled the traffic would have the right to speak.
Of course, the channel was not always the king.
As the Internet became more and more mature, the content would surpass the channel.
However, in the era of 2004, it could almost be said that the channel was better than all the content.
However, it was obvious that in the early days of the Internet, many people wanted to verify whether this was right.
After meeting with Chen Yu, Shi Yuzhu returned to Network 51.
Moreover, he called for a meeting with the company's senior management that day.
In the meeting, Shi Yuzhu told everyone about his meeting with Chen Yu.
The senior management had a serious look on their faces.
Whether Chen Yu was right or not, Huanyu Technologies was the strongest competitor they had encountered.
However, even so, Shi Yuzhu did not panic.
Huanyu Technologies was strong, but it was not invincible.
Currently, Network 51 had accumulated a certain number of users and had formed a small reputation.
Moreover, because of its positioning as a social network, Network 51's development was simply explosive.
Through word of mouth, Network 51 had already received a lot of capital attention.
Previously, Shi Yuzhu did not have any intention of financing. Now, he could meet with some capital.
As long as Network 51 received capital, he could have a good fight with Chen Yu.
He did not believe that they could not beat Chen Yu if they were one step ahead.
However, although Shi Yuzhu thought of financing, Shi Yuzhu was not an ordinary business manager.
He knew how capital worked and the unique attraction of China's Internet.
For this, Shi Yuzhu contacted several venture capital companies.
Softbank, Goldman Sachs, Sequoia Capital, Pacific Century Digital … and so on.
These capital companies had invested in a large number of Internet companies in China and had received generous returns.
The capital companies were also very interested in Network 51.
However, it was obvious that Shi Yuzhu was not a newbie.
Under Shi Yuzhu's capital operation, Goldman Sachs finally decided to invest 300 million yuan to obtain 30% of Network 51's shares.
This was equivalent to Network 51's valuation of close to 1 billion yuan.
It should be said that this valuation was on the high side.
Although Network 51's performance was not bad, it had not been established for long.
However, its growth rate was very obvious recently.
Even so, 1 billion yuan was still a high valuation.
However, the Internet was like this.
The valuation of a high-growth enterprise was definitely not low. Once missed, there would be no other opportunity.
Moreover, China's Internet had developed rapidly in recent years. Looking at their performance in recent years.
As long as they had invested in it, all of them had performed well.
Especially Shengda. Shengda had recently launched a Nasdaq roadshow.
Once it was successfully listed, they would receive a huge return on investment.
However, just as Goldman Sachs was about to sign a formal investment contract with Shi Yuzhu, Huanyu Technologies announced their YY space business.
According to Huanyu Technologies' regulations, all YY instant messaging users could obtain an exclusive space.
The space could upload diaries, photos, and interact with other friends.
Of course, they could also create an exclusive space with more personality.
Alright.
In fact, many people did not know what this YY space was for at first.
However, Internet products had always been simple and easy to use.
Although they did not know what this thing was, they just needed to click on it and explore it a little.
As for what if you did not understand.
That was fine.
Take a look at your friend's space and you will know how to operate it.
..
"John, let's go early today and give them a good impression."
"Boss, does Network 51 really have such great potential?"
"Of course. Look at how Facebook has developed recently. I can tell you that Network 51 is China's Facebook."
The head of Goldman Sachs Capital's China division, Ron, sorted out the documents. After confirming that there were no problems, he was ready to leave.
Although the investment valuation this time was slightly higher, it was worth it.
Especially when he thought about Facebook, Ron felt that this was a once-in-a-lifetime opportunity.
However, just as Ron was about to go to the hotel to sign the contract with Network 51, the secretary suddenly arrived.
"Boss, Huanyu Technologies launched a business called YY space."
"YY space?"
"Yes, this business is basically the same as Network 51."
"This …"
When Ron heard this news, he was stunned.
Then, he quickly turned on his laptop and personally experienced YY space.
"Give 51net a call and tell them to postpone the signing of the contract."
Ron closed his eyes and said helplessly.
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