The most classic example was Yahoo.
In Lu Zhou's previous life, Yahoo was defeated by a group of rising stars. But even so, Yahoo was still very powerful.
How powerful was it?
That was because they invested in Alibaba.
Also, they owned 35% of Japan's Yahoo shares.
Just the combined market value of these two companies alone is more than 40 billion USD.
Although Yahoo was sold for 4.8 billion USD in the end, that was only the North American Yahoo.
As for the companies that Yahoo invested in, they formed a new company, Yahoo, which was still a force to be reckoned with.
"Boss Chen, most of the capital is here."
In the office, Wang Chang introduced the situation to Chen Yu.
In fact, Chen Yu had arrived at the company a long time ago, but he didn't want to come out.
Things seemed to be going well.
Wechat attracted countless capitals and giants from all over the world.
Especially when he saw Berkshire, Microsoft, and Intel …. Chen Yu knew that Wechat's valuation would not be low this time. Who knew, he might even be able to give Chen Yu a surprise.
"Okay, let's go."
Without letting them wait any longer, Chen Yu went to Wechat's conference room.
The conference room wasn't this big originally.
However, for the sake of this financing, the original hall of the conference room was temporarily requisitioned.
Even so, with so many capitals gathered together, it was still a bit crowded.
However, this was the effect that Chen Yu wanted.
"Welcome to Wechat, I am Chen Yu."
Chen Yu smiled and introduced himself to the crowd.
Many people in the audience knew about Chen Yu.
Even if they didn't know, they did some research before investing in Wechat.
Although WeChat was registered in North America, it was a subsidiary of Huanyu Technology in terms of funding.
Also, Huanyu Technologies was very powerful in China's Internet market.
They didn't expect a miracle to happen in North America.
More importantly, this guy was very young.
However, they were already used to this.
The Internet was a place full of legends, and many of the Internet's big names were very young when they became famous.
Yahoo's Yang Zhiyuan, Facebook's Zach.
Okay.
Facebook was probably going to be beaten by Wechat in the future.
"I believe everyone already knows the general situation of Wechat, so I won't say more. At present, Wechat will take out 40% of the shares for financing. Of course, I know that it is impossible for one company to take out so many shares. So, before this financing, I'm going to find a lead investor. The lead investor can own 10% of the shares, and the remaining 30% shares will be distributed according to the specific situation. However, for the remaining shares, any single entity can only enjoy a maximum of 5 points of financing power. "
Wechat's Wechat.
That financing was an angel Wheel..
Wechat of Wechat, Wechat, Wechat, Wechat..
Wechat, Wechat, Wechat, Wechat, Wechat, Wechat of Wechat....
At that time, Chen Yu had paid a sum of money, and Bain Capital had also made a lot of money.
But now, it seemed that the representative of Bain Capital was hiding in a corner and crying.
They had just sold the shares of WeChat Moments back to Huanyu Technology, and now they wanted to take it back.
If it was an ordinary company, it would be fine.
At most, they would lose some.
But at this time, if they really wanted to get back the original shares held by Wechat, they would have to spend at least a few billion more.
And it was in US dollars.
"Boss Chen, Wechat is very interested in Wechat. We are willing to be the lead investor."
Wechat had a valuation of tens of billions of dollars, and there were so many powerful bosses. Everyone knew that it was impossible for one company to take it down.
But since they couldn't take it down, everyone wanted to have the most shares.
Without a doubt.
If they could become the lead investor of Wechat, they could take up to 10% of the shares.
Because of this, after Chen Yu finished speaking, Dace was the first to speak.
"Wait, Goldman Sachs is also willing to be the lead investor."
After Dace spoke, Mijel, the president of Goldman Sachs' investment department, also spoke.
"Mijel, you want to compete with us?"
"It's not that I want to compete with you, it's that everyone wants to compete with you."
Mijel spread his hands.
He knew why Chen Yu called everyone here today.
It was nothing more than for everyone to compete.
Although the capitalists all understood Chen Yu's intention, who was willing to back down?
If you backed down, you would lose the opportunity to invest in Wechat.
And the capitalists all had different ideas. It was difficult for them to gather together to put pressure on Chen Yu.
Well, it was impossible to put pressure on them.
With the current volume of IP visits to Wechat, it was Chen Yu who was putting pressure on them.
If they hesitated, in a few days, the price would not be the same.
Don't blame Chen Yu for not reminding them.
At that time, Chen Yu reminded Wechat.
But Wechat didn't take him seriously. Look at it now.
In fact, it was not a big deal. It was just a matter of a few billion more.
"Sequoia is also willing to be the lead investor."
The representative of Sequoia Capital also spoke.
"Berkshire is willing to be the lead investor of Wechat."
Well, Buffett's group came out.
"Microsoft is also very interested."
"Hehe, Intel also wants to work with Wechat."
A group of capitalists expressed their wishes one after another.
Of course, there were also some other capitalists. They also wanted to be the lead investor, but they chose not to say anything.
They knew that even if they said something, they had no chance in front of these world-class capitalists.
For example.
So many capitalists were interested in Wechat. Who should be the lead investor?
Could it be that he wanted them to fight?
Everyone was a gentleman. How could they fight?
But there had to be a lead investor.
Then, whoever gave the highest valuation would be the lead investor.
"Boss Chen, we think Wechat is valued at 39 billion USD."
Wechat's CEO, Dace, knew that it was useless to say this. It was more practical to show his strength.
"We think Wechat's valuation can reach 40 billion USD."
Goldman Sachs did not give Wechat a chance. They added another 1 billion USD on top of the 39 billion USD.
It directly broke the 40 billion USD that everyone was talking about.
"Intel offers 41 billion USD."
"Berkshire offers 42 billion USD."
"Microsoft offers 43 billion USD."
Many capitalists reported their prices.
Of course, they did not really want to fork out tens of billions of USD.
It would be difficult for them to fork out tens of billions of cash flow even if they were the top capitalists.
But if they only wanted 10% of the shares, they would only need a few billion USD.
Tens of billions of USD might be difficult.
But a few billion USD was really not a big problem for them.
So …
Next, these top capitalists started to raise the price.
"44 billion USD."
"45 billion USD."
"46 billion USD."
They shouted crazily all the way.
The original valuation of 40 billion USD was actually raised to 50 billion USD.
Below the stage, there were still two companies that had been competing.
One was Wechat, who had refused to let go even if they were beaten to death.
The other was the software overlord, Microsoft.
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