China Entertainment: I became a capital tycoon

Chapter 360 358. One stands to earn money, the other kneels to beg for food
Ma Yun was making small calculations here, and everyone else here was also staring at the screen, lamenting that this company has developed so fast.

After the video played, Zhou Juanqian, CEO of Fei’e Video, walked onto the stage.

"Good morning, my friends."

Zhou Juan spoke in English, because there were not only domestic investment companies present today, but also several multinational venture capital firms.

"As you have just seen, our Fei'e Video has experienced nearly three years of development since its establishment in 05 and has become the leading video website in China and even the world."

"Our Fei'e Video not only allows netizens to share videos, but also has a large number of genuine film and television resources, and has also reached close cooperation with several well-known TV stations and major record companies in China."

"Today, we not only have a Chinese website, but also an English and Korean website, and a French website is also under construction. Not only that, next year we will also set up overseas branches to build the company into a multinational company based in China and facing the world. "

Zhou Juan's voice was full of confidence and impassioned.

"As everyone knows, we are not only responsible for the live broadcast of this year's League of Legends World Grand Prix, but will also broadcast this year's New Year's Eve party and other events. Next year, we will also cooperate with the NBA, European Cup, and the five major leagues to broadcast matters."

"Friends, everyone must know that YouTube is just a platform for sharing videos, and we, Fei Ge, have more advantages than them. We have our own genuine film and television resources. In the future, relying on Feiyu Entertainment, we will also make our own film and television works to create Variety shows realize a complete industrial chain of creation, filming, promotion and broadcasting.”

……

Zhou Juan introduced that some of the content had been mentioned in the promotional video just now, and some of the things that everyone had heard about for the first time.

"Boss Cao is incredible. If they carry out their plan, won't the oil pipes be crushed under him and rubbed against him?"

Several investment companies from the United States couldn't help but gasp after listening to Zhou Juan's introduction.

"clap clap"

After Zhou Juan’s introduction, Lu Huateng, Liu Qiangdong, Ren Zhengfei and others were the first to applaud.

"Thank you everyone, now I would like to ask Mr. Cao to say a few words."

"clap clap"

This time, everyone applauded again except Ma Yun who was in a daze.

Cao Yu straightened his clothes and stood up.

"What needs to be said has already been said by our President Zhou. I will only add one point here. In October last year, Google acquired YouTube for US$16 billion. YouTube was much smaller than us at the time. Today, everyone I have also seen the development of our Fei'e, and today I am taking out 5000% of the shares for financing. I believe that you will not lose money on this investment."

"clap clap"

After Cao Yu finished speaking, applause rang out again, and no one dared to doubt Fei Goose's strength.

But this applause was like slaps, which made Ma Yun's face hurt a little.

I just said that people are crazy about money, but now it seems that Mr. Cao has already made up his mind.

Sure enough, as soon as the applause stopped, Sequoia's Wang Xing was the first to speak: "Mr. Cao, I want all of your 15% shares, which cost Sequoia one billion US dollars."

With Fei'e Video's current revenue and complete development plan, if it goes public, the stock price will definitely rise sharply, and the income from 15% of the shares will definitely exceed US$10 billion.

"."

Ma Yun and Cai Chongxin looked at each other and thought to themselves: "Is it so popular?"

When Xu Xin heard that Sequoia wanted to take all the shares, she felt a little unhappy: "Sequoia's appetite is a bit big, and he won't leave a mouthful of soup for others?"

It was this guy who robbed me last time, and now here we are again. Are you and the Sequoia family the only ones here?
Sure enough, IDG's China head Xiong Xiaoge also said: "We are also very optimistic about Fei'e Video. Mr. Cao, with so many people today, is 15% a bit too low?"

"15% is a lot."

Cao Yu was unwilling to increase the stakes.

After the first round of financing, he now still holds 61.2% of Fei'e's shares and 21.25% of Penguin's shares. The rest is partly in the hands of Sequoia and partly belongs to Xu Xin's Capital Today.

There are also some Zhou silks, but not many.

If you give 20% and let foreign capital control too much, it will not be a good thing for the company's future development.

It is best for these people in front of you to have some in each hand, but not too much to influence the company's decision-making.

Seeing that Cao Yu was unwilling to increase his share, Xiong Xiaoge had no choice but to say: "There are so many venture capital companies here, and I'm not greedy. In this way, if IDG invests 7.5 million and takes [-]%, what does Mr. Cao think?" "

"Ha ha."

Cao Yu didn't agree, but looked at the others.

"It seems it's time for me to raise the price."

Lu Huateng is very happy now. When he first invested in Fei'e Video, he invested 25 million Huaxia coins, accounting for [-]%. Although it has shrunk now, from the current situation, it has increased nearly a hundred times.

Sure enough, Mr. Cao’s projects are all good projects.

"cough"

Lu Huateng coughed lightly and said, "I remember Mr. Wang from Sequoia talked about the concept of core competitiveness last time. I think he said it very well. Fei'e Video is an enterprise with absolute core competitiveness. Fei Ge Video’s prospects are promising and it will definitely make great achievements in the future.”

As he spoke, he stretched out his finger and said: "I'm not greedy either. I, Penguin, will invest another US$6 million for only [-]% of the shares, and you will share the rest. I believe that the company has sufficient funds. It will develop faster.”

"NND, these two people are indeed wearing the same pair of pants!"

Wang Xing, Ma Yun cursed in her heart.

Last time, Lu Huateng deliberately lowered the price of Huayi. Now, he deliberately raised it, and he said it so grandly.

But we can't say that Lu Huateng's quotation is exaggerated. After all, Fei'e Video's revenue is real, and its popularity every year alone is a huge amount.Wang Xing and Xu Xin know this best.

Xu Xin hesitated for a moment, and finally said: "I will also offer 6 million U.S. dollars, 3%, and [-]% left. You can divide it up as you see."

She had discussed with Cao Yu before and came prepared. The goal was to get 5% of the shares. If she could successfully obtain it, her shares in Fei'e Video would increase to more than 10%.

How could Xiong Xiaoge be satisfied with 3%? He objected: "Mr. Cao, why don't you come up with a charter, otherwise it will hurt the harmony if we continue to argue like this."

He is mainly afraid that if he continues to raise prices like this, the price will get higher and higher.

The reporters around were stunned. This financing must be awesome. It can easily cost hundreds of millions of dollars. It’s terrible.

Ma Yun was also a little surprised: "Compared with the last financing of Huayi, Cao Yu stood up to make money, but Huayi knelt down to beg for food. The gap is really big!"

"This little guy, Xiao Cao, has some skills."

Even Ren Zhengfei, who came to discuss cooperation, felt like laughing when he saw the somewhat explosive scene.

"How about this, you guys discuss it and come up with a plan. If I think it's ok, then settle it. If it's not ok, we can continue to discuss it. I've prepared a hotel here. It doesn't matter if you just stay here for ten or eight days."

Cao Yu joked with everyone, and then said: "You are discussing here, I will discuss something with Mr. Ren, Mr. Zhou, you will accompany you."

After saying that, he ignored everyone present, came to Ren Zhengfei's side, and said with a smile: "Mr. Ren, come to my office for a talk."

"??? Are you leaving now? Let us discuss it among ourselves?"

Xu Xin and the others were a little confused and felt that Boss Cao's operation was strange.

However, since everyone is allowed to discuss, IDG, today, the heads of Sequoia, Penguin and other companies gathered together and began to discuss how to divide the 15% of the shares.

Boss Cao's office.

Cao Yu poured a cup of tea for Ren Zhengfei and said with a smile: "Mr. Ren, I invite you here this time because I have some important matters to discuss with you."

Ren Zhengfei thought it was about the P2 phone and asked curiously: "Xiao Cao, what's the matter? You can't even say anything on the phone."

"I plan to engage in big data and cloud computing!"

"Big data? Cloud computing?"

When Ren Zhengfei heard these two words, he looked at Cao Yu with a strange expression, and after a while he said: "Xiao Cao, you actually thought of me together!"

"Really?"

Cao Yu was startled, but he didn't expect Huawei to want to do this too.

"I came up with this idea this year and have been hesitant about whether to do it. Moreover, the mobile phone aspect takes up a lot of my energy. In addition, Oracle abroad is doing a good job in this area, so I am worried that I will not be able to do it well."

Ren Zhengfei nodded: "If we have our own big data, it will not only be good for the development of the company, but also ensure the security of our data. We cannot rely on foreign countries for everything."

"Mr. Ren is right, I think so too."

Cao Yu sighed and looked at the old man with admiration: "I am raising money this time just to engage in big data."

Since both parties had this plan, Cao Yu made it clear: "I plan to build a Feiyu Technology Industrial Park in Yizhuang Economic Development Zone, mainly focusing on cloud computing. Since Mr. Ren also has this idea, let's work together. How about doing this?”

"no problem!"

Ren Zhengfei agreed immediately.

Cao Yu owns Fei'e Video, and also cooperates with Jingdong and Penguin. He will have many customers in the future. He is also an equipment supplier for several Chinese telecommunications companies, and big data will also serve them in the future.

The two hit it off immediately, and Huawei decided to invest 15 billion and Feiyu 35 billion to complete this matter together.

After finalizing the matter, Cao Yu asked again: "Mr. Ren, how are the 3G licenses of various telecom operators?"

Upon hearing this question, Ren Zhengfei sighed and said: "The country has not officially issued licenses to the three major operators. The reason is that China's 3G network does not have enough coverage."

"Oh"

Cao Yu nodded thoughtfully and asked, "Then our 3G version of the P2 mobile phone will be delayed?"

"You don't have to worry, we are also working hard on 3G, and after this year, several big cities may take the lead in piloting 3G networks."

Huawei's main business is communication technology, so Ren Zhengfei naturally knows more inside information.

Cao Yu then smiled and said: "Then I'm relieved. Our second-generation mobile phone must focus on 3G."

Ren Zhengfei said: "Actually, P1 now has a shipment volume of 100 million units every month, and BYD's OEM is now very good."

"Mr. Ren, if you have a chance, talk to BYD about importing a few photolithography machines to see if you can produce chips independently."

Cao Yu is a layman when it comes to chips, so he can only advise Huawei to do it.

"The production of chips is more difficult than research and development. However, I have already made this plan and have already discussed this matter with BYD."

After Ren Zhengfei finished speaking, he looked at Cao Yu: "Xiao Cao, although you are young, your ideas are really beneficial to the country and the people."

"Mr. Ren is too proud."

Cao Yu said modestly, stood up and said, "Let's go and have a look. I don't know how the discussion over there is going."

Ren Zhengfei smiled and said: "I guess one billion dollars is unstoppable now. You are doing really well with this video website."

(End of this chapter)