You call this entrepreneurship?

Chapter 338 Hot
One party really wants to buy, the other party really wants to sell, and the shareholders, CEO, and investors are all family members.

Even the price was agreed upon in advance, so the negotiations between the two parties went extremely smoothly. The remaining details were all insignificant and could be left to the lawyers and their subordinates.

Davis seemed quite excited, running around with great enthusiasm, as if his own company was being acquired.

The representative of Yiku.com's new shareholder and YouTube CEO David Banks shook hands, and people from the two companies signed the contract in a villa in Silicon Valley.

There was nothing missing at the scene except reporters. YouTube had arranged photographers in advance to film the signing ceremony.

Amidst the flashing lights, both parties signed and exchanged contracts, and finally celebrated with champagne. All that was left was to wait for YouTube to be acquired by Microsoft before the news would be announced to the public.

Davis was already half relieved at this point.

Why half? Because although both parties have signed the contract, the acquisition funds have not yet arrived.

The new shareholders of Yiku.com will have to wait until YouTube is acquired by Microsoft before they can get the money.

Davis walked to the corner and clinked glasses with Qin Shaoyan. "John, you know, I was a little nervous when I signed the contract just now."

"The last time I was nervous was when I was going to be a father."

"You were nervous last time because your identity was different, and you are nervous this time for the same reason." Qin Shaoyan said with a smile, "From today on, your identity is also different."

"No, my current identity has not changed." Davis said modestly.

"A good start means half the success." Qin Shao said with a pun, "Just finish the remaining half."

Davis took a sip of champagne and suddenly asked, "What do you think Mr. Chen is doing now?"

"They are enjoying their vacation." Qin Shaoyan shrugged. "Maybe they are in Hollywood, maybe in Las Vegas, who knows? Anyway, no one can contact them for the time being."

"Then let us wish Mr. Chen and his team a happy vacation." Davis smiled relaxedly.

At this time, Chen Guangxia, the former shareholder and CEO of Yiku.com, was taking his direct subordinates to several national parks in the United States to see the scenery and enjoy the fun of camping close to nature.

They put down their worries, had fun, and started a one-month vacation in the United States.

Maybe I felt unwilling to fail in my business, but now it’s all gone with the wind.

It’s not that they are all broad-minded and generous, but that everyone got an unexpected windfall of one or two million RMB.

Compared to the huge sum of money, everything else is trivial, so everyone just lets it go.

However, the money they received was just a drop in the bucket compared to the new shareholders of Yiku.com.

Qin Shaoyan put down his glass and said, "Next, our next step is how to talk to Mr. Bill Gates."

"Leave this to me." Davis said confidently, "I'll help you make an appointment with Mr. Bill Gates."

……

With the huge motivation of money, Davis quickly got things done.

Qin Shaoyan soon received another invitation from Bill Gates to visit his "House of the Future" again.

This time, Qin Shaoyan not only brought Zhang Pingyi, but Davis also accompanied him.

As the middleman who brokered the acquisition between the two parties, and with his keen eye for investing in YouTube, Davis naturally won the favor of the big boss, who asked him to come along.

After the three of them drove into Bill Gates' estate, Davis looked around, his eyes filled with envy and jealousy, and he stared at the surrounding scenery.

Qin Shaoyan asked: "You have never been here?"

"I came here once, with my boss." Davis sighed, "I was a little nervous at the time, so I didn't dare to look around, and I left very quickly."

“I never thought I’d be able to come here as a guest one day.”

"Damn, it's nice to be rich!"

Qin Shaoyan smiled and said nothing.

The car soon arrived at the door of the "House of the Future". Bill Gates was already waiting at the door, warmly welcoming the guests.

After exchanging pleasantries, several people entered Bill Gates' living room, sat on the sofa, and then the waiters served snacks and drinks.

Bill Gates got straight to the point and said, "I heard from Davis that you are interested in selling YouTube now?"

"That's right." Qin Shaoyan nodded.

"Why now?" Bill Gates looked at Qin Shaoyan with interest.

"After talking to you last time, I also considered selling it, but I gave up the idea." Qin Shaoyan said seriously, "I don't think it was a good time to sell it. YouTube seemed very promising, but I didn't think it was good enough."

Bill Gates nodded noncommittally, "So what price are you going to offer now?"

"I think the $20 billion we discussed before is a reasonable price." Qin Shaoyan said with a smile.

"Two billion dollars?" Bill Gates was very surprised.

Because Qin Shaoyan had proposed 20 billion before, but after several months he didn't raise the price.

However, if Qin Shaoyan really wanted to sell YouTube at that time, it would be difficult to close the deal at a price of US$20 billion because the premium was too high.

Although the concept of video websites is very popular and YouTube occupies a large part of the market share, it is not worth the price.

Both sides are aware of this.

Valuation is valuation, but if it really wants to acquire YouTube, it cannot be calculated based on $20 billion. Moreover, the YouTube that Bill Gates wants to acquire is the YouTube that enters the Chinese market, otherwise its value can only be discounted.

Now, after several months of accumulation, YouTube's user base has reached a quite astonishing level, and its value is close to 20 billion US dollars.

Of course, there is still a premium here.

"But," Qin Shaoyan said, "After a period of development, YouTube has achieved certain results, so the price has increased slightly."

"After discussing with other shareholders, we feel that $23 billion is more appropriate."

"Huh?!" Bill Gates was stunned and felt a little strange about the number.

How was this $23 billion valuation arrived at?

"We are not raising the price without reason, Mr. Gates." Qin Shaoyan said with a smile, "The extra $300 million is definitely worth it."

"Because the $300 million is needed to acquire a Chinese video website."

Bill Gates immediately became interested, "Which video website is it?"

Davis quickly pulled out a report from his briefcase. "Boss, this is a survey report on the Chinese video website market issued by a Chinese think tank."

"Qvod.com ranked first, and Yiku.com, which we acquired this time, ranked second."

Qin Shaoyan explained: "Initially our idea was to acquire Qvod, which would be more beneficial to YouTube."

"But other shareholders of Qvod offered a price of $300 million, and there were huge disagreements among the shareholders, so the acquisition plan failed in the end."

"However, Mr. Davis Hansen also had a plan B in mind, which was to rebuild a video website, Yiku.com."

Bill Gates was a little surprised to hear this and looked at Davis, "Is Yiku.com invested by Microsoft?"

"Yes, Mr. Gates, I exchanged 33 million US dollars for % of the shares." Davis smiled. "It was just a small attempt at the time. I admit that I was gambling."

“This website has also given me a big surprise. It has grown very quickly, far beyond our expectations.”

Bill Gates smiled with satisfaction and praised: "Well done, Davis, this is a great investment. You are really an investment genius."

While flipping through the report in his hand, he happily asked about the situation of Yiku.com.

Davis did a lot of homework before coming and answered Bill Gates' questions fluently.

Bill Gates asked happily: "So YouTube is planning to acquire this website?"

"The acquisition has been completed." Qin Shaoyan replied, "It just hasn't been announced to the public yet. Davis suggested that we keep the news secret for now."

"I also think that now is not the time to announce it."

Bill Gates agreed, saying, "This is a great suggestion."

"So, of the $23 billion, $20 billion is for buying YouTube, and $3 million is for buying e-Ku?"

"Do you agree with this price, Mr. Bill Gates?" Qin Shaoyan asked.

"No problem." Bill Gates stretched out his hand. "Deal."

Qin Shaoyan stretched out his hand with joy and shook hands with Bill Gates. Davis, who was standing next to him, was so excited that he trembled all over when he saw this scene.

As the person who knows the two websites best, Davis was appointed by Bill Gates as the main person in charge of the acquisition. After the acquisition is completed, he will be promoted and get a salary increase.

Not only did he get a huge sum of money from this acquisition, but he also gained the appreciation of his boss. It was simply double the happiness.

……

A few days later, Microsoft announced the big news to the media.

Microsoft will acquire YouTube in its entirety for $23 billion.

After the news came out, not only public opinion, but the entire Internet industry was in an uproar.

The $23 billion acquisition added fuel to the Internet wealth myth. An Internet company that was established less than a year ago created several billionaires and a large number of millionaires and tens of millions of dollars in a very short period of time.

What makes people in the Internet industry even more crazy is that the video website track has become a new gold mine.

After the news of Microsoft's acquisition of YouTube came out, the valuations of several other American video websites also soared, making those entrepreneurs very excited and eager to kowtow to YouTube.

Video websites have once again become a new hot topic, and the capital market quickly gave feedback, with Microsoft's stock rising that day.

Three days later, YouTube announced that they had completed the acquisition of e-commerce and officially entered the Chinese market.

When the news spread back to China, the entire Internet was in an uproar.

$23 billion, YouTube.

$3 million, e-cool.com.

Are video sites so valuable nowadays?
That's not just a website, it's a gold mine.

Whether it is Tudou or Youku, whether it is Liujianfang or 56.com, video websites big and small have received calls from investors.

Compared to before when no one was interested in it, video websites have suddenly become very popular.

Everyone is looking forward to the next Yiku.com and YouTube.

(End of this chapter)