Age of Dreams

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There is an old saying that is well said, called rich wealth.

This means that after you have more money, you will have a lot of confidence.

When it comes to investment, you don't have to be cautious, looking forward and backward, because you have money anyway.

Milner is in this state now.

To be honest, most of the investors in his previous fund were rich people from Russia, but these people didn’t have a lot of money. His capital was around US$2-3 billion, so he must do a lot of business. Plan carefully.

After all, these electronic network industries in the United States have too many bubbles and too many valuations, and one who is not careful will suffer heavy losses.

Therefore, under normal circumstances, Milner prefers companies with a valuation of 1 billion to 5 billion US dollars. Such a company has passed the initial stage. It is when it is time to exert its strength. At this time, the investment profit will easily reach the maximum.化.

Therefore, even if he had invested before, he did not dare to invest too much money, but went to find Xiao Qi to invest.

Unexpectedly, he just had the courage to find Xiao Qi for investment, but Xiao Qi unexpectedly believed him and knew his affairs very well. In the end, he gave him a full investment of 5 billion U.S. dollars and set up a separate company. Fund for him to invest.

This doesn't stop there. Xiao Qi has promised to Milner. If he thinks there is a good project, it doesn't matter how much money he can directly ask Xiao Qi for.

Now Milner felt that he had changed, seeing many projects that he didn't dare to talk about before, and he felt confident to directly discuss investment in shares.

In the investment agreement signed between Xiao Qi and Milner, 30% of the net profit belongs to Milner, which inspires his motivation even more.

So afterwards, Milner went straight to it.

It is also a kind of fate, the previous life was in the past two years. The two best investments Milner made were 200 million U.S. dollars and 600 million U.S. dollars, and they both got very generous returns and completely laid the foundation for his Silicon Valley's top angel investors.

The Chinese name is Twitter, but Weibo is actually a copy of it. Basically, the operating model is the same.

It just occupies the Chinese government's prohibition of operation, so Weibo has a place to stay.

In this life, Huangfucai did better. She used a large sum of money to buy out the exclusive right to operate in China for the next ten years at the beginning of her business.

At that time, I was just getting started, and I felt that it was extremely worthwhile to exchange a large amount of capital for a less important market, so I readily agreed.

Looking back now, I have only 100 million active users in the world. However, Weibo has 600 million users in China, and 300 million active users, far surpassed.

The same is true for valuations. Weibo has been valued at US$5 billion, but it only has a valuation of US$2 billion, and this price is basically in the current economic recession, and no investors can be found.

Zuckerberg would take advantage of the fire, and get Milner's $4 billion in capital injection. He proposed a full acquisition of $1 billion, but it was the same as the previous acquisitions rejected. Zuckerberg was rejected again.

Evan Williams is the founder and the patent owner of the blog and Weibo model.

Most of the royalties paid by Huangfu Cai went into his pocket.

It is also because he has the most powerful patent resources, so in the three years since it was opened, other founders have gradually retreated behind the scenes and become Williams's stage alone.

The current situation is very bad.

Same as the previous life. The biggest problem with Weibo is that it cannot find a profit model.

Weibo in this life is better. Through its alliance with the four major portals, Weibo has become an extension of the four major portals, a tool for increasing user stickiness, so the four major portals are willing to post money. Run it. Within three to five years, there were no financial problems.

It's not the same. They have had several rounds of financing up to now, but the number is not large. If Williams hadn't used his own funds to subsidize them, I'm afraid they would be in a state of operational interruption.

It also makes people feel emotional that most of the funds that Williams put out are still the patent fees paid by Weibo.

The current global economic situation is not very good, but it will continue to develop and require a large amount of capital to support operations, so there is a plan for refinancing.

Zuckerberg knew this, so he wanted to take advantage of the fire, but Williams was unwilling to succumb to him and became a subsidiary, so this largest acquisition plan was stranded.

At this time, Milner found it, and Williams was refreshed.

Following Milner's own propaganda, his investment of 4 billion U.S. dollars has already caused a sensation in the Internet and electronics industries across the United States, and it has also made Milner a mysterious investor with deep pockets.

When such a person comes to the door, Williams is naturally very welcome.

Milner is a very cultivated person. He graduated with a Ph.D. in physics and has a high IQ. Coupled with his high EQ, he is naturally a genius for investment.

Talking with Williams with a smile all afternoon, until the evening for dinner, the two have become old friends for many years.

"Evan, I already know the general situation." While drinking the coffee after meal, Milner smiled and said his decision. "The current valuation is 2 billion US dollars. I want to invest 6 What do you think of it with a billion dollars and 30% of the shares?"

Williams was happy to hear this.

The valuation of 2 billion US dollars is based on the data of 2008. After more than half a year of financial crisis, although it has developed a little more than before, it is no longer worth that much. Otherwise, Zuckerberg would not want to spend 1 billion. A wholly-owned acquisition of US dollars.

Unexpectedly, Milner came up with a big deal, not only determined the valuation of 2 billion US dollars, but also directly invested 600 million US dollars in. If you can get this investment, it will definitely be a great benefit!

"Yuri, I don't know what you need to acquire... I said that in addition to the shares, in the daily operation of the company..." Williams asked musingly.

"I told Mark that I only want the shares, and I give up all other management rights. If you think Evan can, I will make the same promise." Milner smiled without thinking about it.

"it is good!"

There was an uncontrollable joy on Williams' face.

That's what he wants!

Need capital instead of constraints, this is what all entrepreneurs like!

"I'll go back to discuss with them, and I will give you an answer as soon as possible." Williams said excitedly, "Don't worry, Yuri, they will definitely welcome you!"

"I also look forward to working with you to succeed." Milner said firstly, "After reaching an agreement, I will transfer the funds to the account the next day. I hope you can develop well and do nothing. Bo is even better!"

"That is!" Williams was a little embarrassed. "Our platform is bigger than theirs. If we fall behind too much, we are also slapping myself in the face. But don't worry, we have now completed the original accumulation, and we will definitely be in the future. Doing better and better."

"I don't doubt this, otherwise I won't invest heavily." Milner smiled.

After discussing the business, Williams was busy going home to discuss with the partners, but Milner was not in a hurry to go home, but instead called Zuckerberg.

"Mark, that's how it is." Milner repeated what had just happened. "If you think my investment infringes on the interests, then I will consider withdrawing from the investment again. If you have no objection, then I will Continue this investment process."

Zuckerberg was dumbfounded over there.

After a long time, he said, "Yuri, what does your investment have to do with me?"

"Because you wanted to acquire before, although it was unsuccessful~www.readwn.com~ but I don’t know if you have a second plan. If our friendship is hurt by this acquisition, I don’t want to see it. That's why I want to ask you." Milner said solemnly.

"Haha." Zuckerberg laughed, "Yuri, you are really interesting! I have temporarily given up on the right acquisition, because we have more important self-development to do. And your valuation of 2 billion US dollars It’s also unacceptable for me to buy shares, so you can invest according to your ideas without asking me."

"Okay, thank you, I will continue to follow up." Milner nodded.

"Milner, you are such an honest person!" Before hanging up, Zuckerberg couldn't help sighing again.

Zuckerberg is a very suspicious and tyrannical person. He doesn't believe anyone at work, and he has few friends.

But now he thinks that this Russian is really interesting. He would even consider his own ideas for normal investments that have nothing to do with him. He would call and ask. This kind of respect is not as simple as talking about it.

At this moment, Zuckerberg's perception of Milner improved again, initially agreeing with this friend. (To be continued...)