Perfection of Rebirth

Chapter 506 Another Headline
Similar to Meituan and Xiaonei, Tudou has three branches with independent legal entities.However, considering the particularity of the video website, Jiang Hui does not plan to merge several Tudou branches into one enterprise in the future, but wants to separate the operations of the three companies of the United States, Japan, and China.

The particularity of video websites means that foreign-funded video companies cannot adapt to the Internet of China, and they will be crushed by their opponents if they do not commit suicide. It is very difficult to pass the review and deletion of sensitive content alone.

Similarly, due to the huge influence of video websites, it is difficult for a purely Chinese-funded website to survive in the European and American markets. The best way is to develop business according to local conditions.

Therefore, Jiang Hui intends to make the three Tudou branches completely independent companies without any connection, and to modify the names and logos of the American and Japanese companies.

Tianchao Company continues to exist in the name of Tudou, and its main customers are Chinese users.

The island company changed its name to NICO Video, and its main target users are unexpected Asian users such as Japan and South Korea. NICO is now basically wholly-owned by Jiang Hui, and you can do whatever you want, but Softbank has repeatedly expressed its desire to invest in NICO. Jiang Hui thinks that in the long run, it is a good choice to attract Softbank, a local snake, and plans to have a serious relationship with them in the near future. Let's talk about financing.

As for the US branch, the original name was tudou, and it will be renamed patato, with the target customers being all European and American countries.In fact, Jiang Hui is now the largest shareholder of patato, and Google is the second largest, and some strategic investors may be introduced in the future.

From the current point of view, the valuation of Tudou should be around 200 billion yuan; NICO's valuation is around 150 billion yuan; potato's valuation is 30 billion yuan.

In the long run, after ten years, the valuation of these websites should be the highest in Potato, which may be higher than that of Tudou and Nico combined.Although the YouTube of later generations has not been listed separately, the capital market generally believes that its value is between 750 billion and 800 billion US dollars. Potato, which started higher than him, must not be much worse than him.As for Tudou, Jiang Hui thinks that it may reach the top with only 300 to [-] billion U.S. dollars, and Nico is almost at this level.

From the perspective of future valuation development, Jiang Hui's introduction of Penguin and Google, or the future SoftBank, seems to be a process that is not worth the candle.Just like Google now spends one billion dollars to acquire [-]% of the shares, ten years later the value may be ten or twenty times that of the present.It seems that Jiang Hui has lost a lot.

However, if the opportunity cost is considered, if there is no financing, will Google acquire and vigorously support youtube?Is it true that the U.S. government will give small shoes to companies with pure Chinese background and amazing influence?Without this billion dollars, wouldn't the development of potato be much slower?
Opportunity cost refers to the maximum value of giving up something in order to get something.

In life, some opportunity costs can be measured in money.For example, when a farmer acquires more land, if he chooses to raise pigs, he cannot choose to raise chickens. The opportunity cost of raising pigs is to give up the benefits of raising chickens.But some opportunity costs are often not measurable in monetary terms.It's like Jiang Hui's choice to let potato continue to develop as a sole proprietorship or to introduce Google's funds.

Eating alone is not advisable.

Jiang Hui, who was reborn, fully realized that if a person like himself with no background kept charging to the top of the pyramid, he couldn't eat alone.Pulling a group of people to help him block bullets is the right choice.

……

Tudou.com official Weibo: Speaking of the general trend of the world, long-term division must be united, and long-term unity must be divided.As the world's No. [-] Internet video company, Tudou.com's US branch, Island Country branch, and Tianchao branch will operate independently.In the future, the island country branch will be renamed nico, and the American branch will be potato.Welcome to Harassment!

The current Nico and Potato have not been blocked by Tianchao for the time being due to Jiang Hui's relatively strict content review, so Tianchao netizens can still log in directly.

At the same time, Page also accepted an interview with the media during the Tianchao event, saying that Google will invest one billion US dollars in potato and become its largest single shareholder.

As soon as the news came out, the Internet immediately exploded.The official Weibo of Tudou.com was very popular.

Yelu 1 Xiaosu: Once Tudou was split into three, a US branch raised a billion dollars. This is going to heaven.

Lin Jiqing: Is this the largest financing amount in the VC circle this year?Boss Jiang is mighty.

Haifeng 3517: If Tudou.com is not spun off, it is estimated that the valuation will go to more than 500 billion, right?Is this considered the largest Internet company in China?
Queen's Wood: The split is right, otherwise Tudou.com will be dragged down by some so-called videos reflecting democracy by Yankees.

Indifferent Beacon: Google has become the largest single shareholder?Is Boss Jiang short of money?Why sell so many shares?

Long-time dreamer: Don't you think that Page's words are subtle?largest single shareholder.I checked and found that the first, second, third and fourth largest shareholders of potato are all offshore companies that I have never heard of. What does this mean?
Youwen 520: When will Tudou be listed?I want to buy some~
Bright color shell: Tudou just raised a large sum of money from Penguin, and then took a billion dollars from Google. How do you spend so much money?
Today is the king of the devil: Meituan and Xiaonei are preparing to go public, Tudou is raising funds everywhere, Guanghui Weibo and Twitter are almost forming a monopoly, and Guanghui games are constantly making money. Is Guanghui Group cheating?
zxcvbnmlkjhg: A tough life needs no explanation.Tudou is doing well, Guanghui Group is doing well, Jiang Hui is doing well!
xs175t: At this moment, who can help me calculate the shadow area in Du Niang's heart.

Falling Sun: Pull a batch, fight a batch.The Internet hegemony of the future China has already shown its momentum.

Visual bloodstains: has been imitated, never surpassed!Guanghui Group, sincerely do not deceive me!

Zhige 03: You have brought glory to the people of the Celestial Dynasty!There should be applause here!
……

Not only is the Internet circle in China hotly discussing Google's stake in potato, after the news spread to the United States, IT elites in Silicon Valley are also discussing this matter.

"Google is holding a lot of cash, and it seems that now they are starting to show their power."

"Tudou, no, it should be called potato now. It is indeed a company with great potential."

"What did Page say? Google invested in potato, a unicorn company, because its genes are highly consistent with Google."

"Does it mean that these two companies rely on advertising revenue to survive? Haha~".

"No grass grows under the big tree, and soon you won't be able to laugh."

……

Google has taken a stake in potato, and YouTube is the most nervous thing in the entire United States.

"Is the news confirmed?".

"I asked my classmates who work in Tianchao, and they all said that Google has invested in potato with a heavy investment of one billion US dollars."

"We can't delay any longer. Isn't PKG negotiating financing with us? Agree to their conditions. We only have one requirement, that is, the money should arrive as soon as possible."

"OK".

……

(End of this chapter)