my return 2002

Chapter 304 Series B Financing

The reason why Shen Lang transplanted YY Farm to the United States at the beginning was not only to make money, but also to form his own overseas game operation team.

Of course, Zhu Xian's localization work is far more arduous than that of YY Farm. Not to mention the huge amount of Chinese that needs to be translated, the textures, modeling, and painting style of the game all need to be modified to meet the aesthetics of European and American players. It will take half a year, and if various tests are added, it will take at least a year.

Not only that, in order for Zhu Xian to gain a firm foothold overseas, Star International also translated the original novels of Zhu Xian.

According to Li Xuelin, the translation work is not progressing smoothly. Just the sentence: "Heaven and earth are not benevolent and treat everything as a dog", which baffles many foreign students in translation. They don't know how to explain to foreigners what a dog is.

In the end, it was Li Xuelin who went into battle in person. To put it another way: the Creator played with all creatures indifferently and cruelly.

Shen Lang couldn't help being a little funny when he saw the translated Zhu Xian, but after thinking about it, it seemed that only this kind of straightforward description could make foreigners understand.

Soon after the CCTV channel's dialogue column was broadcast, it caused a lot of shock. On the one hand, Shen Lang stood up to speak out for the game industry, which made many parents unacceptable. Some parents even called CCTV's financial channel to complain, saying that they did not Shows like this should be aired.

However, the majority of game practitioners have a good impression of Shen Lang. When the bosses of various game companies were interviewed by reporters, when they were asked about such issues as underage addiction, they were all vague, as if making games was a Shameful things, Shen Lang's remarks gave game practitioners a rare sense of identity.

On the one hand, the domestic game market has always been dominated by Korean kimchi games in recent years. Many domestic game manufacturers have become accustomed to representing games from South Korea and making a lot of money. As for games going overseas, it seems that there is no game other than the snail’s sailing century. It is really best-selling in developed countries such as Japan, South Korea, Europe and the United States.

The news that Zhu Xian is about to go to sea has also excited countless fans of Zhu Xian. The most popular post in the Zhu Xian section, which plays more games, is posted by an international student who is about to go to the United States to study abroad.

In the post, he was very much looking forward to playing Jade Dynasty in the United States, and said that he would record the progress of the overseas version of Jade Dynasty and send it back to China.

At this time, Huaxia joined the WTO for only five years. During the period of integration with the world, many people became pessimistic after seeing the huge economic gap with Europe and the United States, thinking that as long as it is a foreigner, it must be good. Many local brands Even a foreign name was specially given to increase the price.

In terms of culture, European and American blockbusters have always been continuously imported into the mainland market, while some domestic films can only achieve some achievements in a small range through film festivals, and the only commercial blockbuster "Hero" is also widely watched. Most of them are Chinese.

The news of Zhu Xian's going to sea immediately attracted the attention of countless media, but most of the media were not optimistic about Zhu Xian's future.He believes that without the mainland market, it will be difficult for Zhuxian to succeed overseas.

Some good news media even interviewed the person in charge of Blizzard in the mainland and asked him his views on Zhu Xian's going to sea.

The Blizzard executive said arrogantly: "World of Warcraft is well-deserved No. [-] in the field of MMO online games."

The answer did not even mention Zhu Xian's name, which also expressed Blizzard's dismissive attitude towards Zhu Xian.

To this, Shen Lang's response was.

"World of Warcraft is a good game, but not invincible, wish Blizzard always lucky."

The New Year's Day in 2007 came quietly, but during this small New Year's Day holiday, domestic and foreign venture capital institutions were working overtime crazily.

The reason is also very simple. Shen Lang officially announced that it will conduct B-round financing for three companies: Inspur, Bolang, and Zhulang.

The two companies, Inspur and Bolang, have not changed much in business, but YY of Zhulang Technology has the strength to compete directly with QQ.

And as far as the product line is concerned, YY's log and space businesses already have an absolute advantage over similar QQ products, which also makes Inspur Technology the focus of this financing.

Of course, the 360 ​​ecological chain has not been neglected either. Whether it is 360 Guardian, 360 Browser, or 360 Smart Input Method, they are all well-deserved No. 1 in the same category. Only 360 Search ranks second in the industry, which is more troublesome. What is more interesting is that after Google entered the mainland market, it has been struggling to catch up, and has almost occupied an 18% share of the mainland market.

Compared with those small and medium-sized capitals, some top venture capital institutions are constantly testing Shen Lang's attitude towards Dew Mountain Entertainment. Regarding this, Shen Lang is only vague, which makes Shen Nanpeng and others feel itchy.

On the first day of the New Year's Day holiday, that is, on January 1th, various venture capital institutions gathered in Building 4. Compared with a year ago, the scale of financing this time was several times larger, and the wind capital present There are nearly a hundred investment institutions, and the total number of people is nearly 300.

For this reason, Shen Lang deliberately packed out the large meeting room on the top floor, but it was barely accommodated.

"Thank you for your support to Mr. Shen. I also know that everyone's time is precious, and they are all big brothers with hundreds of thousands of dollars per minute. Let's start directly, let's start with Bolang Technology. Today's financing rules are also It's very simple, everyone puts their valuation of the company in the envelope, and the five institutions with the highest amount will get the opportunity of this B round of financing."

After Shen Lang finished speaking, the staff began to send envelopes to various venture capital institutions. Suddenly, the happy scene suddenly became solemn. While everyone was looking around, they carefully covered the slips of paper they stuffed into the envelopes, for fear of being caught. People see their own offer.

Of course, there are also some venture capital institutions that are not interested in Bolang Technology, and they look at the nervous faces of others leisurely.

Among them, Xiong Xiaoge of IDG and Shen Nanpeng of Sequoia Capital are the most obvious. They are determined to win YY. Although the 360 ​​ecological chain is also very good, but in terms of prospects, YY must be better.

In the end, a total of 189 envelopes were received. After half an hour of statistics, Capital Today, which was just established last year, was valued at 115 billion yuan and obtained the qualification to lead the investment. In addition, Shenzhen Venture Capital also obtained the qualification to follow the investment.

Compared with the valuation of 25 billion a year ago, the valuation of Bolang Technology has increased by nearly five times, which is also due to the good market performance of 360 Security Guard.

Since Zhou Hongyi’s Qihoo Jinshan was killed, there is no anti-virus software on the market to compete with 360 Security Guard. Competitors like Kaspersky were beaten to the ground as soon as they entered the mainland market. Simple, Kaspersky not only needs to spend money to buy an activation code, but also takes up too much memory. After downloading, many users' computers are so stuck that they can't do other things at all.

On the contrary, 360 Security Guard has been optimizing and "reducing the burden" on the computer's virtual memory. Even some computer configurations that can only be used for office work can also be used for other things during operation.

In addition, in 2006, the prices of various computer hardware continued to drop, and a DIY computer capable of playing World of Warcraft only cost about 5000 yuan, which greatly stimulated the purchase of personal computers.

360 Security Guard added more than 2006 million users in 800, and the installed capacity exceeded 5000 million units. This is also the main reason why all parties are optimistic about Bolang Technology. This money can be earned back ten times, and with the support of the 115 ​​ecological chain, there is no need to worry that the performance of 360 security guards will suddenly collapse. No matter how you look at it, it is a suitable transaction.

"Mr. Xu is really a heroine, congratulations." Shen Lang smiled and shook hands with Xu Xin.

Xu Xin smiled at Shen Lang: "Mr. Shen is joking, the capital has just been established today, and still needs a lot of support from Mr. Shen."

"Where is it, you are the God of Wealth." Shen Lang waved his hand.

Xu Xin smiled all over his face: "Mr. Shen, I heard that you have invested in JD Multimedia. Do you plan to enter e-commerce?"

Shen Lang suddenly remembered that Xu Xin seemed to be Liu Qiangdong's first investor.

"I don't have any plans yet. As you know, the company already has a lot of business. It would be too much pressure to open up a new battlefield."

"Understand."

After exchanging pleasantries, Shen Lang announced the official start of the second round of bidding for Inspur Technology.

This time, compared with Bolang Technology, Inspur Technology is no less competitive. The number of users of 360 browser, 360 search engine, and 360 smart input method has also been greatly improved with the growth of personal computers.

In this round, Hillhouse Capital won the lead investment qualification with RMB 148 billion, and the quotations of the other four companies for Inspur Technology were all above RMB 145.

At the end of Zhulang Technology, the atmosphere on the scene became obviously more enthusiastic than before. The heads of top venture capital institutions that had not participated in the bidding before all competed for [-] points.

Even Shen Nanpeng's palms started to sweat. At last year's charity dinner, the founder of Sequoia Capital, Don Valentine, gave him a clear mission to do his best to board Shen Lang's assault boat.

"YY's performance in 2006 is obvious to all, so I will stop rambling, let's start." Shen Lang smiled lightly.

For a while, some people quickly stuffed the already written quotation into the envelope, some were hesitating whether to revise the quotation, and some had already picked up a pen to erase the previous quotation.

Shen Nanpeng glanced at the people present, hesitated for a long time, finally gritted his teeth and crossed out the previous quotation, and then quickly wrote a series of numbers below with a pen.

Just when he finished writing and stuffed the note into the envelope, when he looked up, he happened to see that Xiong Xiaoge had also stuffed the note into the envelope. The two looked at each other and smiled at each other, but the atmosphere at the scene was far worse than what they had imagined. It was so harmonious that everyone looked at the mailbox eagerly, wishing to grow clairvoyant eyes to see other people's quotations.

"Okay, everyone, please wait a moment." Shen Lang said that the staff had moved the envelope out, and he and Zhang Yong also left the conference room.

Just after the two left, various venture capital institutions in the big conference room began to test each other.

"Mr. Qian, you have handed in everything anyway, so tell me your valuation for Zhulang Technology?"

"Haha, Mr. Li, why don't you say it first?"

"."

Shen Nanpeng also looked at Xiong Xiaoge: "Mr. Xiong, why don't we write down the bid amount in our hands, and we'll be a couple?"

"Boss Shen wants to imitate the ancients, but there's no need to be in a hurry, won't you announce it right away?" Xiong Xiaoge laughed.

The waiting time always passed very slowly, just when everyone started to get a little anxious, Shen Lang and Zhang Yong walked in with five envelopes in their hands.

For a moment, everyone's eyes fell on Zhang Yong's hands.

"Sorry for keeping everyone waiting for a long time, I won't talk nonsense, let's start directly."

After Shen Lang finished speaking, Zhang Yong had already opened the first envelope.

"President Shen of Sequoia Capital valued Zhulang Technology at US$35 billion."

As soon as the words fell, there was an exclamation in the large conference room. At this time, the exchange rate of US dollar to RMB is 1:7.9. According to this valuation, Zhulang Technology's valuation has reached 276.5 billion yuan.

Although it is still far from Penguin's 600 billion yuan, Penguin is a listed company after all, and Zhulang Technology has not yet been listed. This valuation is scary enough.

Everyone present was stunned by Shen Nanpeng's generosity, but this was just the beginning, the second envelope was opened by Zhang Yong.

"The total valuation of IDG capital bears is 34 billion US dollars."

Facing other people's congratulatory or suspicious eyes, Xiong Xiaoge looked at Shen Nanpeng with a wry smile.

"At first, I thought I was bold enough, but I didn't expect Mr. Shen to be even better."

Shen Nanpeng smiled and spread his hands: "I don't like even numbers very much, so I filled in an odd number."

Xiong Xiaoge rolled his eyes, there was no one who forced him to pretend.

What is even more surprising is that the valuations of the other three companies are not lower than RMB 260 billion, which makes the heads of many small and medium venture capital institutions a little suspicious. Is there something inside that they don't know about?According to this valuation, Zhulang Technology's listing must exceed Penguin's market value before it is possible for them to exit profitably.

They really have so much confidence in Zhulang Technology, no, it should be said that they have so much confidence in Shen Lang?
Shen Lang looked at the other three venture capital institutions: "If you have any objections to the valuation of US$35 billion, you can withdraw now."

"I want to ask for instructions."

For a while, many people present were staring at the three of them, hoping that some of them would quit so that they could make up.

However, three venture capital firms soon returned, agreeing to a $35 billion valuation.

Even if the B round of investment has officially come to an end, Shen Lang exchanged 20% of the shares of the three companies in exchange for 107.9 billion yuan in cash. Of course, the 20% of the shares are not his own, but all shareholders in proportion Make a dilution.

After the banquet, Zhang Yong asked Shen Lang curiously while half drunk and half awake.

"Mr. Shen, what are you going to do with the 100 billion cash?"

Shen Lang was also a little drunk, so he said something casually.

"Build an industrial park first, and the rest"

zzZZ
(End of this chapter)